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2025-09-30-accounts

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OPTIONS WELLBEING TRUST (LIMITED BY GUARANTEE)

REPORT & FINANCIAL STATEMENTS

FOR THE 18-MONTH PERIOD ENDED 31 MARCH 2026

COMPANY REGISTRATION NUMBER 04699108

REGISTERED CHARITY NUMBER 1100782

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OPTIONS WELLBEING TRUST (LIMITED BY GUARANTEE)

FINANCIAL STATEMENTS

FOR THE 18 MONTH PERIOD ENDED 31 MARCH 2026

Contents REPORT OF THE MANAGEMENT COMMITTEE .......................................................... 3 INDEPENDENT AUDITOR’S REPORT .......................................................................... 8 STATEMENT OF FINANCIAL ACTIVITIES .................................................................. 11 BALANCE SHEET ......................................................................................................... 12 STATEMENT OF CASH FLOWS .................................................................................. 13 NOTES TO THE CASH FLOW STATEMENT ............................................................... 14 NOTES TO THE FINANCIAL STATEMENTS ............................................................... 15

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OPTIONS WELLBEING TRUST (LIMITED BY GUARANTEE)

REPORT OF THE MANAGEMENT COMMITTEE

FOR THE 18 MONTH PERIOD ENDED 31 MARCH 2026

The Management Committee is pleased to present its annual report and audited Financial Statements for the 18-month period ended 31 March 2026 which are also prepared to meet the requirements for a Directors’ Report and Financial Statements for Companies Act purposes.

The Financial Statements 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 Financial Statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) including early adoption as amended January 2016.

REFERENCE AND ADMINISTRATIVE INFORMATION

Charity Name: Options Wellbeing Trust Charity Registration Number: 1100782 Company Registration Number: 04699108 Registered Office and Operational Address: 147 Shirley Road Southampton SO15 3FH

The Management Committee are the directors of the charitable company for the purpose of company law and are its trustees for the purpose of charity law.

The officers who served during the period and since the period end are as follows:

Management Committee: D Lodge - Chair E Hickman – Resigned 17 March 2026 N Ward – Appointed 12 March 2025, resigned 1 June 2026 B Aarons – Appointed 1 September 2025, resigned 29 December 2025 N Sharali Hussein Jones – Appointed 1 April 2026 O Phillips – Appointed 1 June 2026

Our Advisors: Independent Auditor

Lewis Brownlee LLP Appledram Barns Birdham Road Chichester West Sussex PO20 7EQ

Bankers :

Lloyds Bank 30 Commercial Road Totton SO40 3TH

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REPORT OF THE MANAGEMENT COMMITTEE (Continued) For the 18-month period ended 31 March 2026

OBJECTIVES AND ACTIVITIES

The charitable company’s objectives are:

The main objectives of the charitable company for the period were to develop and promote its new services whilst continuing to provide high quality, user-friendly services to its traditional client group.

Public Benefit Statement

Our main activities are described above. All our activities are undertaken to further our charitable purposes for the public benefit. In shaping our objectives and planning our activities, the Management Committee has considered the Charity Commission’s guidance on public benefit including the guidance ‘Public Benefit: Running a Charity (PB2)’.

FINANCIAL REVIEW

The charitable company recorded a deficit of £314,997 on its activities in the 18-month period to 31 March 2026 (30 September 2024: 12 months: £136,415 deficit).

Income increased to £417,219 in the 18-month period compared with £341,368 in the previous year. Expenditure increased from £477,783 in the 12-months to 30 September 2024 to £732,216 in the 18-month period to 31 March 2026.

The charitable company’s reserves are £663,116 as at 31 March 2026 compared to £978,113 as at 30 September 2024. The Management Committee plans to make the charity dormant in 2026.

Principal Funding Sources

The principal funding sources of the charitable company are by way of offering counselling services for a variety of presentation.

Investment Policy

The Management Committee considers the most appropriate policy for investing funds is to keep the fund in liquid form via investing in bank and building society deposit accounts. This policy is continuously under review.

Reserves Policy and Going Concern

The Management Committee plans to make the charity dormant in 2026.

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REPORT OF THE MANAGEMENT COMMITTEE (Continued)

For the 18-month period ended 31 March 2026

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing Document

The organisation is a charitable company limited by guarantee, incorporated on 17 March 2003 and registered as a charity on 19 November 2003. The charitable company was established under a Memorandum of Association, which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up, the member is required to contribute an amount not exceeding £10.

Recruitment and Appointment of Management Committee

The directors of the charitable company are also charity trustees for the purposes of charity law and under the company's Articles are known as members of the Management Committee. Under the requirements of the Memorandum and Articles of Association, the members of the Management Committee are elected to serve for a period of three years, after which they must be re-elected at the next Annual General Meeting. All trustees give their time voluntarily and receive no benefit from the charitable company.

Trustee Induction and Training

Trustees are familiar with the work of the charitable company. New trustees meet with the chair of the trustee board who provides a briefing on the charitable company, its aims and objectives including:

All trustees are provided with a copy of CC3, “The Essential Trustee Guide” and CC60 “Hallmarks of an Effective Charity”. Trustees also attend the charitable company's user feedback lunches and teas.

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REPORT OF THE MANAGEMENT COMMITTEE (Continued)

For the 18-month period ended 31 March 2026

Organisational Structure

The organisational structure comprises a board of two trustees who meet at least four times a year and who sit under the Social Care in Action Board.

The current Management Committee comes from a variety of backgrounds relevant to the work of the charitable company including health and social care, mental health, third sector, human resources, financial and business communities. The Social Care in Action board are responsible for the strategic direction and policy of all the charitable companies.

The day-to-day operation and responsibility is delegated to the Chief Executive of Social Care in Action who is responsible for ensuring the companies deliver the specified services, meet the key performance targets and stay within agreed budget.

The Chief Executive delegates the responsibility for the day-to-day management of Options Wellbeing Trust’s service delivery to its Chief Executive Officer who oversees the team leaders responsible for delivery at their sites and the line management of their staff teams. The clinical therapeutic supervision is separated from the line management function and undertaken by trained and experienced counselling supervisors.

There is an Audit and Remuneration Committee comprising Social Care in Action’s treasurer, trustees, Chief Executive, and Head of Finance, which reviews expenditure against budgets and the general financial health and control systems of the charitable companies.

Related Parties

The other members of the group are Social Care in Action, SCA Care, SCA Transport Services, Flat Spaces Foundation and Flat Spaces (Ropley) Limited.

Social Care in Action and Flat Spaces Foundation are companies limited by guarantee and registered charities.

Flat Spaces (Ropley) Limited is a company limited by shares.

SCA Care and SCA Transport Services are Registered Societies under the Co-operative and Community Benefit Societies Act 2014.

The charitable company and registered societies are all operated and managed on a unified basis with Social Care in Action acting as the parent body.

Counselling services work to the British Association of Counselling and Psychotherapy’s Standards and Ethics.

Key Management and Personnel Remuneration

The Management Committee consider the Management Committee and the Chief Executive Officer comprise the key management personnel of the charitable company in charge of directing and controlling the charitable company and running and operating the charitable company on a day-to-day basis.

All Management Committee members give their time freely and no remuneration to members of the Management Committee was paid in the period. The pay of the Chief Executive Officer is reviewed by the Management Committee periodically on the basis of the performance of the individual concerned and the charitable company as a whole.

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REPORT OF THE MANAGEMENT COMMITTEE (Continued)

For the 18-month period ended 31 March 2026

RESPONSIBILITIES OF THE MANAGEMENT COMMITTEE

The charitable company’s Management Committee (who are trustees for the purposes of charity law and directors for the purposes of company law) are responsible for preparing an annual report and Financial Statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the Management Committee to prepare Financial Statements for each financial period, which give a true and fair view of the state of the affairs of the charitable company as at the Balance Sheet date and of its incoming resources and application of resources, including income and expenditure, for the financial period. In preparing those Financial Statements, the Management Committee is required to:

The Management Committee is responsible for keeping proper accounting records that disclose, with reasonable accuracy at any time, the financial position of the charitable company and to enable them to ensure that the Financial Statements comply with the Companies Act 2006.

The Management Committee is 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 Management Committee is responsible for the maintenance and integrity of the corporate and financial information included on the charitable company’s website. Legislation in the United Kingdom governing the preparation and dissemination of the Financial Statements may differ from legislation in other jurisdictions.

Approved by the Management Committee on ? October 2026 and signed on its behalf by:

This report has not yet been signed

…………………………………………… D LODGE CHAIR

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INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS OF OPTIONS WELLBEING TRUST (LIMITED BY GUARANTEE)

FOR THE 18 MONTH PERIOD ENDED 31 MARCH 2026

Opinion

We have audited the financial statements of Options Wellbeing Trust for the 18-month period ended 31[st] March 2026 which comprise the Statement of Financial Activities, the Balance Sheet, the Statement of Cash Flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information we are required to report that fact.

We have nothing to report in this regard.

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INDEPENDENT AUDITOR'S REPORT (Continued) For the 18-month period ended 31 March 2026

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees’ Annual Report.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the Trustees’ Responsibilities Statement set out on page 7, the trustees (who are also directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative to do so.

Auditor’s responsibilities for the audit of the financial statements

We have been appointed as auditors under the Companies Act 2006 and report in accordance with regulations made under that Act.

Our objectives are to obtain 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 auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The specific procedures for this engagement and the extent to which these are capable of detecting irregularities, including fraud are detailed below.

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INDEPENDENT AUDITOR'S REPORT (Continued)

For the 18-month period ended 31 March 2026

Identifying and assessing risks related to irregularities:

We assessed the susceptibility of the charitable company’s financial statements to material misstatement and how fraud might occur, including through discussions with the trustees, discussions within our audit team planning meeting, updating our record of internal controls and ensuring these controls operated as intended. We evaluated possible incentives and opportunities for fraudulent manipulation of the financial statements. We identified laws and regulations that are of significance in the context of the charitable company by discussions with trustees and updating our understanding of the sector in which the charitable company operates.

Laws and regulations of direct significance in the context of the charitable company include The Companies Act 2006, and guidance issued by the Charity Commission for England and Wales.

Audit response to risks identified:

We considered the extent of compliance with these laws and regulations as part of our audit procedures on the related financial statement items including a review of financial statement disclosures. We reviewed the charitable company’s records of breaches of laws and regulations, minutes of meetings and correspondence with relevant authorities to identify potential material misstatements arising. We discussed the charitable company’s policies and procedures for compliance with laws and regulations with members of management responsible for compliance.

During the planning meeting with the audit team, the engagement partner drew attention to the key areas which might involve non-compliance with laws and regulations or fraud. We enquired of management whether they were aware of any instances of non-compliance with laws and regulations or knowledge of any actual, suspected or alleged fraud. We addressed the risk of fraud through management override of controls by testing the appropriateness of journal entries and identifying any significant transactions that were unusual or outside the normal course of business. We assessed whether judgements made in making accounting estimates gave rise to a possible indication of management bias. At the completion stage of the audit, the engagement partner’s review included ensuring that the team had approached their work with appropriate professional scepticism and thus the capacity to identify non-compliance with laws and regulations and fraud.

There are inherent limitations in the audit procedures described above and the further removed non-compliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we would become aware of it. Also, the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery or intentional misrepresentations, or through collusion.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.

Use of our report

This report is made solely to the charitable company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company’s members as a body, for our audit work, for this report, or for the opinions we have formed.

This report has not yet been signed

……………………………………………………

Date: ………………………………….

(Senior Statutory Auditor) for and on behalf of Lewes Brownlee LLP - Statutory Auditors

Appledram Barns Birdham Road Chichester West Sussex PO20 7EQ

Lewes Brownlee LLP is eligible to act as an auditor in terms of section 1212 of the Companies Act 2006

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OPTIONS WELLBEING TRUST (LIMITED BY GUARANTEE)

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT)

FOR THE 18 MONTH PERIOD ENDED 31 MARCH 2026

Total Total
Note Funds Funds
18 months 12 months
2026 2024
£ £
INCOME
Donations and grants 2 71,280 106,646
Charitable activities 3 _ 345,939
_		 234,722
_
TOTAL
EXPENDITURE
Charitable activities
TOTAL		 4 _
_
_		 417,219
_
(582,999)
_
(165,780)
_		 341,368
_
(477,783)
_
(136,415)
_
NET EXPENDITURE 6 (165,780) (136,415)
OTHER RECOGNISED GAINS
Loss on revaluation of fixed assets

NET MOVEMENT IN FUNDS FOR THE PERIOD
RECONCILIATION OF FUNDS
Total funds brought forward		 _
__		 (149,217)
_
(314,997)
978,113
__		 -
_
(136,415)
1,114,528
_
Total funds carried forward 663,116 978,113
__ __ _

The Statement of Financial Activities includes all gains and losses in the period. All income and expenditure derive from continuing activities.

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OPTIONS WELLBEING TRUST (LIMITED BY GUARANTEE)

BALANCE SHEET

AS AT 31 MARCH 2026

----- Start of picture text -----
||||| |---|---|---|---| |2026|2024| |March|September| |Note|£|£| |FIXED ASSETS| |Tangible fixed assets|125,614|468,817| |Investment Properties|190,000|190,000| |_|_| |TOTAL FIXED ASSETS|9|315,614|658,817| |CURRENT ASSETS| |Debtors|10|357,280|365,434| |Cash at bank and in hand|4,336|5,889| |_|_| |TOTAL CURRENT ASSETS|361,616|371,323| |LIABILITIES| |Creditors: Amounts falling due| |within one year|11|(14,114)|(52,027)| |_|_| |NET CURRENT ASSETS|347,502|319,296| |_|_| |TOTAL ASSETS LESS CURRENT LIABILITIES|663,116|978,113| |_|_| |NET ASSETS|663,116|978,113| |_|_| |THE FUNDS OF THE CHARITABLE COMPANY| |Unrestricted Funds|663,116|978,113| |_|_| |TOTAL CHARITABLE COMPANY FUNDS|13|663,116|978,113| |__|_|

----- End of picture text -----

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

The Management Committee has prepared Financial Statements in accordance with the special provisions of Part 15 of the Companies Act relating to small companies and constitute the annual Financial Statements required by the Companies Act 2006 and are for circulation to members of the charitable company. The notes on pages 15 to 22 form part of these Financial Statements.

Approved by the Management Committee on and signed on its behalf by:

This page has not yet been signed

………………………………………… ………………………………………… D LODGE O PHILLIPS

REGISTERED COMPANY NUMBER: 04699108

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OPTIONS WELLBEING TRUST (LIMITED BY GUARANTEE)

STATEMENT OF CASH FLOWS

FOR THE 18 MONTH PERIOD ENDED 31 MARCH 2026

----- Start of picture text -----
||||| |---|---|---|---| |Note|2026|2024| |18 months 12 months| |£|£| |CASH FLOWS FROM OPERATING ACTIVITIES| |Net cash (used) / provided by operating activities|1|(278,946) (370,235)| |_|_| |CASH FLOWS FROM INVESTING ACTIVITIES| |Purchase of tangible fixed assets|-|(1,190)| |Proceeds on sale of tangible fixed assets|277,393|321,995| |_|_| |NET CASH PROVIDED / (USED) IN INVESTING ACTIVITIES|277,393|320,805| |_|_| |__|__| |Change in cash and cash equivalents in the period|(1,553)|(49,430)| |Cash and cash equivalents at the beginning of the period|5,889|55,319| |_|_| |Cash and cash equivalents at the end of the period|2|4,336|5,889| |_|____|

----- End of picture text -----

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OPTIONS WELLBEING TRUST (LIMITED BY GUARANTEE)

NOTES TO THE CASH FLOW STATEMENT

FOR THE 18 MONTH PERIOD ENDED 31 MARCH 2026

1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES

2026 2024
18 months 12 months
£ £
Net expenditure for the period
(314,997)		 (136,415)
(as per the Statement of Financial Activities)
Adjustments for: Revaluation of fixed assets
149,217		 -
(Profit) / Loss on disposal of fixed assets (87,393) 8,005
Depreciation charges
3,986		 4,268
(Increase) / Decrease in debtors
8,154		 (233,770)
Increase / (Decrease) in creditors (37,913) (12,323)
Net cash (used) / provided by operating activities
(278,946)		 (370,235)

2.

ANALYSIS OF CASH AND CASH EQUIVALENTS

2026 2024
18 months 12 months
£ £
Cash at bank and in hand 4,336 5,889
Total cash and cash equivalents 4,336 5,889

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OPTIONS WELLBEING TRUST (LIMITED BY GUARANTEE)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE 18 MONTH PERIOD ENDED 31 MARCH 2026

1. ACCOUNTING POLICIES

Charity Information

Options Wellbeing Trust is a charitable company established under its Memorandum and Articles of Association and registered with the Charity Commission and Companies House in England and Wales. The principal address is 147 Shirley Road, Southampton, SO15 3FH. The charitable company is a public benefit entity.

The principal accounting policies adopted, judgments and key sources of estimation uncertainty in the preparation of the Financial Statements are as follows:

The Financial Statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their Financial Statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102) including early adoption as amended January 2016), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note(s).

The Financial Statements are prepared in sterling, which is the functional currency of the charitable company. Monetary amounts are rounded to the nearest £.

(b) Income

All income is included in the Statement of Financial Activities when the charitable company is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:

(c) Expenditure

Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes VAT, as the charitable company is not VAT registered and is reported as part of the expenditure to which it relates. Expenditure on charitable activities comprises those costs incurred by the charitable company in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and their associated support costs.

Support costs are those functions that assist the work of the charitable company but do not directly undertake the charitable activities. These costs have been allocated between the expenditure categories of the Statement of Financial Activities on a basis designed to reflect the use of the resource and are apportioned on time, usage or governance.

Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charitable company and include the audit fees and costs linked to the strategic management of the charitable company.

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NOTES TO THE FINANCIAL STATEMENTS (Continued) For the 18-month period ended 31 March 2026

1. ACCOUNTING POLICIES (Continued)

(d) Tangible Fixed Assets

Tangible assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Freehold properties are subsequently measured at their fair value and are to be revalued every 5 years.

Fixed assets costing more than £1,000 are capitalised at cost.

Depreciation is provided at the following annual rates in order to write-off each asset over its estimated useful economic life:

Fixtures and fittings 20% Straight Line Computer equipment 25% Straight Line Freehold property (buildings) nil -

(e) Debtors

Trade and other debtors are recognised at the settlement amount due. Prepayments are valued at the amount prepaid net of any trade discounts due.

Cash at bank and in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

(g) Creditors and Provisions

(h) Finance Lease Agreements

(i) Operating Lease Agreements

Rentals applicable to operating leases, where substantially all of the benefits and risks of ownership remain with the lessor, are charged to the Statement of Financial Activities as incurred.

(j) Pension Costs

The charitable company operates a defined contribution scheme, payments to the scheme are charged as an expense as they fall due.

(k) Taxation

The charitable company is exempt from Corporation Tax on its charitable activities.

(l) Fund Accounting

Unrestricted funds consist of the general purposes fund and designated funds.

Designated funds are funds established by the Management Committee from time to time for specific projects or purposes, are not in any way restricted and any surplus or deficit will be transferred to/from the general purposes fund when the designated fund is closed.

Restricted Funds are funds subject to specific restrictions imposed by donors or by the purpose of the appeal. The purpose and use of designated and restricted funds is set out in the notes to the Financial Statements.

(m) Financial Instruments

The charitable company 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.

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NOTES TO THE FINANCIAL STATEMENTS (Continued) For the 18-month period ended 31 March 2026

1. ACCOUNTING POLICIES (Continued)

(n) Significant Judgments and Estimates

2. DONATIONS AND GRANTS

2026
2024
18 months 12 months
£
£
Donations and grants 71,280 106,646
Total 71,280 106,646

The charitable company has entered into service agreement contracts with government bodies and local authorities to provide the various services and specific deliverables that the charitable company provides.

There were no unfulfilled conditions and / or other contingencies attaching to the grants that have been recognised in income.

The donations and grants shown above relate to payments received during the charitable company’s 18-month period to 31 March 2026 but adjusted for any deferments where the expenditure arising for that grant is being incurred in a subsequent year.

Income from donations was unrestricted in both the current and prior year.

3. INCOME FROM CHARITABLE ACTIVITIES

2026 2024
18 months 12 months
£ £
Information and Counselling
Private counselling		 161,365 179,734
Property rental 96,474 49,388
Training Fees 300 200
Other income 87,800 5,400
Total 345,939 234,722

Income from charitable activities was unrestricted in both the current and prior year.

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NOTES TO THE FINANCIAL STATEMENTS (Continued) For the 18-month period ended 31 March 2026

4. ANALYSIS OF EXPENDITURE ON CHARITABLE ACTIVITIES

18 months 12 months
Information 2026 2024
and Total Total
Counselling Funds Funds
£ £ £
Direct personnel costs 385,771 385,771 355,663
Support costs 194,183 194,183 116,620
Governance costs 3,045 3,045 5,500
Total 582,999 582,999
 477,783

The expenditure on charitable activities was unrestricted in both the current and prior year. See note 5 for details of the donations made.

5.

ANALYSIS OF SUPPORT AND GOVERNANCE COSTS

The charitable company identifies the costs of its support functions. It then identifies those costs that relate to the governance function. Having identified its governance costs, the remaining support costs together with the governance costs are apportioned between the key charitable activities undertaken (see note 4) in the period. Refer to the table below for the basis for apportionment and the analysis of support and governance costs.

2026 2024
18 months 12 months
General Total Total Basis of
Support Governance Funds Funds Apportionment
£ £ £ £
Premises
64,345		 - 64,345 51,463 Usage
Staff welfare
405		 - 405 - Usage
Travel and subsistence
1,144		 - 1,144 614 Usage
Office costs
70,619		 - 70,619 10,692 Usage
Advertising and promotions
29,042		 - 29,042 3,651 Usage
Website development
941		 - 941 - Usage
Legal and professional fees
7,539		 - 7,539 19,374 Usage
Audit fees
-		 3,045 3,045 5,500 Governance
Bank charges and interest
3,728		 - 3,728 3,536 Transactions
Depreciation
3,986		 - 3,986 4,268 Usage
Bad Debt
10,703		 - 10,703 23,022 Specific
Subscriptions
1,731		 - 1,731 - Usage
Total
194,183		 3,045 197,228 122,120

6. NET EXPENDITURE FOR THE YEAR

This is stated after charging:

2026 2024
18 months 12 months
£ £
Depreciation 3,986 4,268
Audit fees 3,045 5,500

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NOTES TO THE FINANCIAL STATEMENTS (Continued) For the 18-month period ended 31 March 2026

7. ANALYSIS OF STAFF COSTS, TRUSTEE REMUNERATION AND EXPENSES AND THE COST OF KEY MANAGEMENT PERSONNEL

Staff costs were as follows:

2026 2024
18 months 12 months
£ £
Salaries, wages and consultancy 204,639 146,065
Social Security costs 15,234 10,448
Employee pension costs 3,813 2,267
Total 223,686 158,780

No employee received emoluments of more than £60,000 during the 18-month period (2024: 12 months: nil).

The average number of employees during the period was as follows:

18 months 12 months
2026 2024
Service provision 9 12

No members of the Management Committee received any remuneration or expenses during the 18-month period (2024: 12 months: none). The remuneration and benefits of the key management personnel in the 18-month period total £nil (2024: 12 months: £nil).

8.

9.

OPERATING LEASES COMMITMENTS

OPERATING LEASES COMMITMENTS
2026
 2024
18 months 12 months
£ £
Less than 1 Year -
 350
2-5 Years - -
More than 5 years - -
Total -
 350
TANGIBLE FIXED ASSETS Freehold Fixtures Computer
Property & Fittings Equipment Total
£ £ £ £
Cost
At 1 October 2024 461,217 21,034 18,690 500,941
Additions - - - -
Disposal (190,000) - - (190,000)
Revaluation (149,217) - - (149,217)
At 31 March 2026 122,000 21,034 18,690
 161,724
Depreciation
At 1 October 2024 - 13,808 18,316 32,124
Charge for the period -
 3,724 262 3,986
At 31 March 2026 - 17,532 18,578
 36,110
Net Book Values
At 31 March 2026 122,000 3,502 112
 125,614
At 30 September 2024 461,217 7,226 374 468,817

P a g e | 20

NOTES TO THE FINANCIAL STATEMENTS (Continued) For the 18-month period ended 31 March 2026

9 . TANGIBLE FIXED ASSETS (continued)

The charitable company owned one freehold property at 31 March 2026 classified as an investment property. In the accounts for the year ended 31 March 2019 the charitable company revalued the property to reflect the fair value. The revaluation for the property was based on a valuation carried out by MAVA Real Estate in February 2026. The property is in Southampton and Southampton and West Hampshire Health Authority have a legal charge over this property representing a 22.43% interest in the property. The carrying amount of freehold property under the historical cost model would be £205,695.

10.
11.


 Investment
Property
Total
£
£
Cost and Net Book Value
At 1 October 2024 and 31 March 2026
190,000
190,000
DEBTORS
2026
2024
March September
£
£
Trade debtors
5,627
9,899
Prepayments
3,658
8,634
Amounts owed by related societies
- Social Care in Action
347,995
346,901
- SCA Care
-
-
Total
357,280
365,434
CREDITORS: Amounts falling due within one year
2026
2024
March
September
£
£
Trade creditors
2,158
8,505
Other creditors
4,921
21,509
Accruals
3,600
18,407
Deferred Income
1,766
-
PAYE
1,562
1,940
Pension contributions
107
461
Amounts owed by related societies
- Social Care in Action
-
1,205
Total
14,114
52,027
12. FINANCIAL INSTRUMENTS
Financial instruments measured at amortised cost comprise the following:
2026
2024
March
September
£
£
Financial assets that are debt instruments
353,622
356,800
Financial liabilities that are debt instruments
12,552
50,087

P a g e | 21

NOTES TO THE FINANCIAL STATEMENTS (Continued) For the 18-month period ended 31 March 2026

13. ANALYSIS OF CHARITABLE FUNDS

ANALYSIS OF CHARITABLE FUNDS
At Incoming Outgoing At
01.10.24 Resources Resources 31.03.26
£ £ £ £
Unrestricted Funds
General Fund 681,220 417,219 (582,999) 515,440
Revaluation Reserve 296,893 - (149,217) 147,676
Total Unrestricted Funds 978,113 417,219 (732,216) 663,116
Total Funds 978,113 417,219 (732,216) 663,116

Unrestricted Funds

Unrestricted funds comprise the following funds which trustees are:

General fund - to use in accordance with the charitable objects and to fund the charitable company’s net fixed assets. Revaluation reserve - arose as a result of the revaluation of the charitable company’s investment properties and freehold properties.

Restricted Funds

Restricted Funds are to be used for specific purposes as laid down by the donor.

At
Incoming
01.10.23
Resources		 Outgoing
Resources		 At
30.09.24
Prior year
£
£
Unrestricted Funds
General Fund
825,640
333,363		 £
(477,783)		 £
681,220
Revaluation Reserve
288,888
8,005		 - 296,893
Total Unrestricted Funds
1,114,528
341,368		 (477,783) 978,113
Total Funds
1,114,528
341,368		 (477,783) 978,113

14. CAPITAL COMMITMENTS

As at 31 March 2026 there were capital commitments of £nil (30 September 2024: £nil).

15. RELATED PARTIES

Options Wellbeing Trust is a member of the SCiA group of social enterprises. The other members of the group are Social Care in Action, SCA Care, SCA Transport Services, Flat Spaces Foundation and Flat Spaces (Ropley) Ltd.

All charitable companies and registered societies of the SCiA group of social enterprises are operated and managed on a unified basis.

Options Wellbeing Trust undertook transactions with other related societies in the normal course of activities amounting to £Nil (2024: £Nil).

At 31 March 2026, Options Wellbeing Trust had outstanding balances with related societies as disclosed in Notes 10 and 11.

16. TAXATION

As a registered charity, the income is generally exempt from Corporation Tax under Section 478 of the Corporation Taxes Act 2010 by reason of its charitable objects and activities.

17. PENSIONS

Total cost relating to the defined benefit plans is recognised in the statement of financial activities as an expense. The pension cost charge for the 18-month period represents contributions payable by the charitable company to the scheme and amounted to £3,813 (2024: 12 months: £2,267).

Pension rules state that no liability will arise upon the company from the default of other pension scheme members.

P a g e | 22

NOTES TO THE FINANCIAL STATEMENTS (Continued) For the 18-month period ended 31 March 2026

18. LEGAL STATUS OF THE CHARITABLE COMPANY

The charitable company is limited by guarantee and has no share capital. The liability of the member, in the event of winding-up, is limited to £10.

19. ULTIMATE CONTROL

Options Wellbeing Trust is a member of the SCiA group of social enterprises.

Social Care in Action is deemed to ultimately be the parent body of the SCiA group of social enterprises as it can exercise dominant influence over the charitable company.

Social Care in Action is controlled by the Trustees, acting as Directors of the Charitable Company.

The Trustees of Social Care in Action appoint and remove the Trustees to the Management Committees of all subsidiaries.

Social Care in Action is a charitable company established under its Memorandum and Articles of Association and registered with the Charity Commission (1096903) and Companies House in England and Wales (04526806). Copies of the consolidated accounts can be obtained from its principal address at 1 Paynes Road, Southampton, SO15 3DL.