REGISTERED COMPANY NUMBER: 04998207 (ENGLAND AND WALES) REGISTERED CHARITY NUMBER: 1101961 College of Sexual and Relationship Therapists Annual Report and Accounts Trustees, Report 31 December 2024
I ntroduction 2024 saw the organisation continue to grow its membership, training offer and financial founéations. An important pillar of work throughout the year focused on ensuring that standards underpinning the registers were as stron8 as possible. This included a long-term project to develop professional competences for the modalities that COSRT oversees, Wlth a parallel workstream examining training requirements. COSRT'S training offer continued to grow through the year, with a range of new classes and seminars provided for professionals and the public. This core CPD training was accompanied by two major online conferences. Professional Standards underpinned all the organi5ation's work. with complaints against members being successfully conducted under the ethics and conduct framework. The Ethics and Standards Committees brought independent scrutiny and advisory capacity to help support staff and trustees. The year saw an evolution of people involved with COSRT. The AGM saw members vote David Piner, 8ernd Ley8raf, Wafaa Eltentawy, and Chris Boccovi to the board. Thank5 to all who have contributed to and supported our work. Our mission is worthwhile and achieving our aims is not possible without your help. John Alan Dodd Chief Executlve Officer
Contents WHY WE EXIST......................................................................,..,...........,.....,..,....,.......,.,.....,..,.,,.,,...,......,,.,.,..,-,.. . . .. .. HOW WE HELP... SIRATEGIC REPORT.. 2.1 Good Therapy for All. COSRT Strategy 2019 . 2022.. 2.2 Public Benefit 2.3 Re5earch...................,..,,.,.......,....,..,..,..,..,..,........,.......,.......,............................. .. 2.4 Membership.. 2.5 Complaints ...- 2.6 COSRT'S Trainin8 Officer... 2.7 Accreditln8 Trainin8 2,8 External En8agemet STRUCTURE. GOVERNANCE ANO MANAGEMENT.... ...................................................................... ................. 3.1 Structure and Management... 3.2 8oard ol Trustees,........,.........,............,...............,.,..,.......,..,..,...................................................,............,......,...10 3.3 Reference and Administrative Details ,. .. .11 3.4 Financlal Review. -11 3.5 Exemptions ffom Disclosure.,....,.....,..................................-.............,................-............ .12 3.6 Funds Held as Custodian Truslee on Behalf ol Others... .. .. ... ........................-....,..,..,..,................,....,.........12 3. 7 Statement of Trustees. Responsibilities ... .12 3.8 Independent Examination............................................ .................................................................................... 13 INDEPENDENT EXAMINER'S Rf PORT TO THE TRUSTEES OF THE COLLEGE OF SEXUAL AND RELATIONSHIP THERAPISTS I'tbe companv'>.........,........,..,..,.......................,..............................,...................................... 13-14 STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEM8ER 2024..,,..........,..,.................., 15 BALANCE SHEET 31 DECEMBER 2024...................... . 16-17 NOTE5 TO THE FINANaAL STATEMEN75 FOR THE YEAR ENDEO 31 OECEMBER 2024............................ 18.24
The trustees, who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 {effective l January 2019}.
WHY WE EXIST COSRT works to improve professional standards and protect the public. Our focus is on Psychosexual and Relationship Therapies, working with and on behalf of a membership predominantly composed of practicing therapists. Our activities are underpinned by our Articles of Association, which include.. The provision of, and assisting in the provision of training for those engaged in Sexual, couple and relationship therapy,. Formulating ané monitoring Standards of professional conduct and competence for those engaged in sexual, couple a nd relationship therapy; and Promoting research in the fields of marriage and other intimate relationships,. sexual, couple and relationship therapy and human sexualitv. HOW WE HELP To maximise our impact, we undertake a range of activities in accordance with our charitable objectives. These include: Overseeing public registers of tralned Psychosexual and Relationship Therapists. Implementing ethical standards and a complaint procedure. Providing high-quality training and conferences. Pu blishinB a peer reviewed international journal. Accrediting third-party trainlng. Sharing information, advice and guidance with the public and professionals. Acting as the voice of the Psychosexual and Relationship Therapy sector. STRATEGIC REPORT 2.1 Good Therapy for All. COSRT Strategy 2024 - 2029 In 2024 a strategic plan was agreed for the organisation. This was desi8ned to guide the core activities and how resource was deployed through 2029. The strategy contained clear vision and mission statements: Vision: That everyone can access high-quality specialised Psychosexual and Relationship Therapies regardless of their background or context. Mission.. To maintain the best professional standards, increase specialist knowledge, and support access to services.
The strategy is based on four overarching objectives: ImprovingAwareness of Therapies. "Ensure that Psychosexual and RelationshipTherapies are better understood by the public and those responsible for delivering services." Increasing the Impact of Evidence. "Help all stakeholders have better access to relevant, high- quality evidence on what services work. why they work and why they are needed." Spreading Professional Standards. "Ensu re that is only acceptable for practitioners to deliver specialist therapies with the proper trainin8 and accreditation. Improving Professional Trainin8. "Improve access to and the quality of Psychosexual and Relationship Therapy trainlng. 2.2 Public Benefft COSRT trustees ensure that all activities carried out by the charity are in support of its charitable objects and thus are to support the advancement of education in sexual, couple and relationship therapy for the benefit of the public. In setting the overall strategic direction for the charity and its shorter-term objectives, the trustees have kept in mind the Charity Commission's guidance on public benefit. 2.3 Research Our International peer reviewed journal continued to be at the core of our evidence and awareness raising activities. 2024 saw continued work to increase the impact and reach of the Journal of Sex and Relationship Therapy. Social media channels were used across platforms, and there was successful linkage between publisher, COSRT and Journal media activities. 2024 metrics were positive for the journal with an impact factor of 1.4. Citescore, essentially a metric Showing the average number of citations per document that a title receives was at 3.6. The five-year impact factorwas 1.8. SNIP (Source Normalized Impact per Paperl is a journal ranking metric that airns to normalise for differences in citation practices across various research fields and wa5 1.05 (which would be seen as above average).
The journal continued to drive academic and practice-based discourse through its diverse content. 2024 saw an Outstanding Paper Award given to Dr. Sinéad Kelleher and coauthor Mike Murphy for "Asexual identity developtnent and internalisation,. A thematic analysis, 2.4 Membership COSRT continued to manage and maintain its membership structure and public register using the followin8 categories: Student Professional Associate Retired Registered Accredited Senior Accredlted Overa11 membership continued to grow through 2024, with numbers reaching over 1400 members by the end of the year. Moving into 2025 the public Psych05exual and Relationship Register contained 807 members an increase from 750 a year earlier. By the end of 2024 the Relationship Therapist Register had reached almost 581 members. Unregistered Membership categorv Professional Associate Student Retired Affiliate Dec 2023 Dec 2024 223 166 285 417 22 28 Honorary Fellow Total 543 622 Psychosexual and Relationship Therapy Register Membership category Dec 2023 Dec 2024 Senior Accredited 180 161 Accredited 158 176 Registered Total 412 470 750 807
Relationship Therapy Register Membership category Dec 2023 Senior Accredited 242 Accredited Registered Total Dec 2024 340 109 106 131 110 457 581 2.5 Q)mplaints In its role as a professional body, COSRT conducts complaint5 related to professional standards. This ensures members are held accountable for their adherence to the Code of Ethics. In 2024.. There were nine Complaints in total. Six did not progress after initial contact and the member of the public was directed to the Conduct Procedure. One complaint concerned a person who was not a COSRT member. One comp131nt related to a matter being dealt with by the Irish Association for Counselling and Psychotherapy {IACP) so COSRT awaited the outcome before acting. One complalnt passed screening and progressed to an Interim Suspension in 2024. 2.6 COSRT'S tralnlng offer In 2024 a major focus continued to be the organisation's training offer. Key actions continued from the previous year included.. Increasing the number of self-access video-based training courses. Increasing dedicated training for supervisors, Increasing dedicated support for Students. Minimising Costs to users. The work programme was highly successful and by the end of 2024: Fifteen new Self-Access Classes had been launched. with over 65 available by the end of the year. There were over 1200 Self-Access sale5 across the year, continuing the positive growth trend seen in previous years. 20 Online Seminars were held covering both thematic and professional practice issues.
A full programme of dedicated training seminars for students and supervisors was implemented. Over 300 places were taken across supervisor Sessions, and 110 at student sessions. Two highly successful conferences were also held online. Over 120 people attended 'Contemporary research in Psychosexual and Relationship Therapies,, with an additional 90 taking part in 'Fostering healthy intimacy and relationships through youn8 adulthood,. 2.7 Accredltlng tralnlng C05R T continued to develop its role as an accrediting organis3tion for training related to PsychosexLJal and Relationship Therapies. An important part of the organisation's work was to examine what types of training are suitable before entering the speciality modalities. This led to formal proposals to replace accreditation for one year foundation courses with a new format of course including more trainin8 hours and clinical placements. Additional work was carried out to develop specialised professional competences that echo the multi-level format taken forward across the general therapy sector. 2,8 External en8a8ement COSRT continued its role In the cross-sector collaborative work around conversion therapy, retaining its place within the coalition supporting the Memorandum of Understanding on Conversion Therapy. The organisation also took up its position in the Coalition for Inclusion and Anti-oppressive Practice. Organisational support for the UK Says No More campaign continued, as did engagement with international bodies such as the European Federation of Sexology of which COSRT is a national body member. STRUCTURE, GOVERNANCE AND MANAGEMENT 3.1 Strutture and Management The College of Sexual and Relationship Therapists ICOSRT) is a company limited by guarantee registered in England and Wale5 (number 4998207) and a registered charity (number 11019611. Its governing document was updated and agreed by the membership at their AGM on 12 July 2014.
COSRT exists to maintain professional standards in the f ield therapy for the protection of the public. It is primarily a membership organisation with over 1,200 members from a wide range of disciplines, including Psychosexual and Relationship Therapies, medicine, nursing, social work, and psychiatry. Subject to certain matters reserved to members, COSRT'S Board of Trustees holds all of the Charity's powers and authorities. The Board is ultimately responsible for the overall control and strategic direction of the Charity, and for the protection of its assets. Day-to-day management is delegated to the Chief Executive Officer, John Alan Dodd. 3.2 8oard of Trustees The trustees, who are also directors under company law. are elected by the members of the Charity at the Annual General Meeting and, subject to re-election or early retirement, serve for a maximum of nine successive years. The Board has the power to fill casual vacancies by appointment until the next Annual General Meeting, The trustees all give their tlme to COSRT on a voluntary basis and receive no remuneration. Out-of-pocket expenses may be reimbursed. Trustees are required to declare any potential conflict of interest, fin3ncial or otherwise and may be required to withdraw from relevant proceedin8S. The trustees who served during the year and up to the date of thls report are as follows: Steve Johnson (Chair} Tim Blackstone Dana 8raithwaite David Edwards Hazel Wright Murray 81ackett Cate Campbell arkie Twist Lohani Noor Imelda Hatton-yeo David Piner Bernd Leygraf Wafaa Eltentawy Chris Boccovi 10
3.3 Reference and Administrative Details Registered Company number 04998207 (England and Wales) Registered Charity number 1101961 Reglstered offlce 10 Queen Street Place Bankers CAF Charity Money Management London Kings Hill United Kingdom West Malling EC4R IBE Kent ME19 4TA Postal address Solicitors Suite 48987 Bates, Wells & Braithwaite PO Box 6945 10 Queen Street Place London London WIA 6US United Kingdom Email.. info@cosrt.org.uk EC4R IBE Website: www.cosrt.org.uk Chief Executive Officer & Company Secretary John Alan Dodd Flnanclal Managers Independent examlner the dt group A Clarke FCCA Chartered Accountants the dt group Swatton Barn Chartered Accountants Badbury Swatton Barn Swindon Badbury Wiltshire Swindon SN4 OEU SN4 OEU 3.4 Financial Review 11
At the end of the 2024 COSRT posted financial performance that continued a trend of surplus at year end. Income totalled over £388,0, with a net income {surplus> of £88.734. Income increased due to larger numbers of Members, with income increasing byapproximately £15.000 compared to the previous year to over £204,000. Training income stood at £79,000 for 2024, with conference ticket sales adding an extra £20,000. Expenditure for the year stood at £299,000 with all cost areas well managed. Staffing costs totalled £174.000 which was £25,000 under budget and £6,000 less than 2023. Legal and professional costs were £28,000 - below budget and lower than any of the previous three accounting years. Wider activity costs stood at £76,000 which represented £63,000 less than budgeted expenditure, The trustees have a reserves policy in place to ensure that the charity maintains sufficient reserves to be able to deal with unforeseen crises and to be able to wind up in good order if necessary. They believe that the charity should normally have enough reserves to maintain itself for twelve months, which are estimated to be £150,000. This policy is reviewed by the trustees on an annual basis. The reserves are at this level whlch the trustees believe to be prudent to maintain in the uncertain flnanclal climate. The charity currently makes no specific investments. General funds of £454,466 represent avallable free funds as of 31, December 2024 3.5 Exemptlons from Disclosure There are no exemptions from disclosure in this report. 3.6 Funds Held as Custodlan Trustee on Behalf of Others The charity is not actin8 as custodian trustee for a ny f unds. 3.7 Statement of Trustees, Responsibilities Company law requires the trustees to prepare financial statements for each financial year, and which give a true and fair view of the charitable company's financial activities during the year and of its financial position at the end of the year. I n preparin8 those financial statements, the trustees are required to.. Select suitable accounting policies and then apply them consistently,. Make judgements and estimates that are reasonable and prudent; and Prepare the financial statements on the going concern basis, unless it is inappropriate to presume that the charitable company will continue in operation. 12
The trustees are responsible for keeping proper accounting record5 which disclose, with reasonable accuracy at any time, the financial position of the charitable company, and which enable them to ensure that the financial statements comply with the Companies Act 1985. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable Steps for the prevention and detection of fraud and other irregu larities. The trustees are responsible for ensuring that the report of the Board of Trustees and other information included in the annual report is prepared in accordance with company law in the United Kingdom. 3.8 Independent Examination A resolution to re-appoint A Clarke as Independent Examiner for the ensuing year will be proposed at the annual general meeting in accordance with Section 489 of the Companies Act 2006. Ih Approved by order of the board of trustees on 18 September 2025 and signed on its behalf by: Steve Johnson. Chalr of the COSRT 8oard of Trustees INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF THE COLLEGE OF SEXUAL AND RELATIONSHIP THERAPISTS ('the companv) I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2024. 4.1 Responslbilltles and basls of report As the charity's trustees of the Company (and also its directors for the purposes of company lawl you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2CM)61'the 2006 Act'l. Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination. I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 20111'the 2011 Act'l. In carrying out my examination I have followed the Directions given by the Charity Commission under section 14515} (b} of the 2011 Act. 13
4.2 Independent examlnerfs ststement Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that l am qualified to undertake the examination because l am a registered member of Associate Chartered Accountant which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe.. Accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act. or the accounts do not accord with those records. or the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts 8ive 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 with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charlties preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102). I have no concerns and have come across no other matters in connection with the examination to whlch attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. A Clarke FCCA the dt group Chartered Accountants Swatton Barn Badbury Swindon Wiltshire SN4 OEU Date: 22 August 2025 L4
COLLEGE OF SEXUALANO RELATIONSHIP THERApisrs STATEMENT OF FINANCIAL A1VITIEs FOR THE YEAR ENDEO 310ECEM8ER 2024 2024 Total funds 2023 Total funds Unrestricted fund Restricted fund Notes INCOME AND ENDOWMENTS FROM Donations and legacies Charltable actlvltles Conference income Membership contributions Journal intome CPD income Other income 20,354 204.856 30.837 79,133 53,475 20,354 204.856 30.837 79,133 53,475 19,356 189,186 27,697 66,822 39,500 Total 388,655 388,655 342,562 EXPENDITURE ON Charitable activities Information and education Conference costs Membership support & services Support costs Governance costs 93,988 21,892 69.728 111,856 2,457 93.988 21,892 69.728 111,856 2,457 105,090 42,911 71,910 110.631 2,457 TDtsI 299,921 299,921 332.999 NET INCOME 88,734 88,734 9.563 RECONCILIATION OF FUNDS Total funds brought forward 365,732 365,732 356,169 TOTAL FUNDS CARRIED FORWARD 454,466 454,466 365,732 The notes fom part of these financial statements Page 15
COLLEGE OF SEXUAL AND RELATIONSHIP THERAPISTS ALANCE SHEET 310ECEMBER 2024 2024 Total funds 2023 Total funds Unrestricted fund Restricted fund Notes FIXED ASSETS Tangible assets 1.406 1.406 1.143 CURRENT ASSETS Debtors Cash at bank 16,980 490.217 16,980 490,217 16,945 378,832 507.197 507.197 395,777 CREDITORS Amounts fallin8 due within one year IS4,1371 {54.1371 131,1881 METCURRENT ASSETS 453,060 453,060 364.589 TOTAL ASSETS LESS CURRENT LIABILITIES 454,466 454,466 365,732 NET ASSET5 454,466 454,466 365.732 FUNDS Unrestricted funds 454.466 365,732 TOTAL FUNDS 454,466 365,732 The charitable tompany is entitled to exemption f rom audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024. The members have not required the company to obtain an audit of Its financial statements for the year ended 31 December 2024 In accordance with Section 476 of the Companies Act 2006, The trustees acknowledge their responsibilities for (al ensuring that the charitable company keeps accountin8 records that comply with Sections 386 and 387 of the Companies Act 2006 and preparing financial statements which 8lve a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requiiements of Section5 394 and 395 and whieh otherwise comply with the requirements of the Companies Act 2006 relating to financial statement5, so far as applicable to the charitable companv. Ibl The notes fomi part of these financial ststements Page 16 continued...
COLLEGE OF SEXUAL AND RELATIONSHIP THERAPISTS BALANCE SHEET- contlnued 31 DECEMBER 2024 These financial statements have been prepared in accordante with the provisions applicable to charitable companies subject to the small companie5 regime. The financial statements were approved by the Board of Trustees and authorised for issue on 18 September 2025 and were signed on its behalf by- Steve Johnson- Chair The notes form part of these financial statements Page 17
COLLEGE OF SEXUAL AND REiATIONSHIP THERAPISTS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024 ACCOUNTING POLICIES BASIS OF PREPARING ThE FINANCIAL STATEMENTS The financial statements of the ¢harit3ble company, which is a public benefit entity under FRS 102. have been prepared in accordance with the Charities SORP IFRS 1021 'Accounting and Reporting by Charities- Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 102) (effective l January 20191,, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. INCOME All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds. it is probable that the income will be received and the amount can be measured reliably. EXPENDITURE Liabilities are recognised as expenditure as soon as there is a legal or construrtlve obli8ation committin8 the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obli8ation can be measured reliably. Expenditure is accounted foi on an accruals basis and has been classified under headings that a88re8ate all cosl related to the category. Whère costs cannot be directly attributed to particular headin8S they have been allocated to activitie5 On a basis consistent with the use of resources. TANGIBLE FIXED ASSETS Depreciation 15 provided at the followlng annual rates in order to write off each asset over its estimated useful life. Fixtures and fittin85 Computer equipment IS% on reducing balance 25% on reducing balance TAXATION The charity is exempt from corporation tax on its charitable activities. FUND ACCOUNTING Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Re5trittions arise when specified by the donor or when fund5 are raised for partlcular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. PENSION COSTS AND OTHER POST-RETIREMENT 8ENEFITS The charitable company operates a defined contribution pension scheme. Contribution5 payable to the charitable company's pension scheme are charged to the Statement of Financial Activities In the period to which they relate. Page 18 continued...
COLLEGE OF SEXUAL AND RELATIONSHIP THERAPISTS NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 31 DECEM8ER 2024 SUPPORT COSTS Mana8ement costs Governance Totals Information and education Conference costs Support costs Governance costs 24,785 4,319 38,583 24,785 4.319 38,583 2.457 2,457 67,687 2,457 70,144 Support costs, included In the above, are as follows.. MANAGEMENT 2024 2023 Information and education Conference costs Support costs Total activities Total activities Marketing and research Sundries Professional Office costs Depreciation of tangible and heritage assets 2,352 760 8.153 13,396 410 133 1,421 2,334 3,661 1,184 12,692 20,854 6.423 2,077 22.266 36,584 6,678 1,849 47,140 42,452 124 21 192 337 343 24,785 4,319 38,583 67,687 98,462 GOVERNANCE COSTS 2024 2023 Total activities Governance costs Auditor5, remuneration 2,457 2,457 NET INCOMEIIEXPENOITUREI Net income/lexpenditurel is stated after charging/lcreditingl'. 2024 2023 Independent examiners fee Depreciation - owned assets 2,457 337 2,457 343 Page 19 continued...
COLLEGE OF SEXUAL AND RELATIONSHIP THERAPISTS NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2024 TRUSTEES. REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 31 December 2023. TRUSTEES, EXPENSES The trustees are entitled to reclaim reasonable out of pocket expenses. COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcfiviTIES Unrestricted fund Restricted fund Total funds INCOME AND ENOOWMENTS FROM Donations and le8acies Charltable artivities Conference income Membership contributions Journal Income CPD income Other Income 19,356 189,186 27,697 66,82 2 39,500 19.356 189,186 27,697 66,822 39,500 Total 342,562 342.562 EXPENDrruRE ON Chafltable actlvltles Information and education Conference costs Membership support & services Support costs Governance costs 105,090 42,911 71.910 110,631 2,457 105,090 42,911 71,910 110,631 2,457 Total 332,999 332,999 NET INCOME 9.563 9,563 RECONCILIATION OF FUNDS Total funds brought forward 356.169 356.169 TOTAL FUNDS CARRIED FORWARD 365,732 365,732 Page 20 contlnued...
COLLEGE OF SEXUALAND RELATIONSHIP THERAPISTS NOTES TO THE FINANCIAL STATEMENT5- contlnued FOR THE YEAR ENDED 31 DECEM8ER 2024 TANGIBLE FIXED ASSETS Fixtures and fittings Computer equipment Totals COST At l January 2024 Addltions 11,349 8,543 599 19.892 599 At 31 December 2024 11,349 9.142 20,491 DEPRECIATION At l January 2024 Charge for year 11,105 36 7,644 300 18.749 336 At 310ecember 2024 11,141 7,944 19.085 NET 800KVALUE At 31 Oecember 2024 1,198 1,406 At 31 December 2023 244 899 1,143 DE8TORS,. AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Prepayments 16,980 16.945 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade creditors Social security and other taxes oiher creditors Accruals and deferred income 25,620 3,627 1,045 23,845 3,640 4,036 881 22,631 31,188 31,188 MOVEMENT IN FUNDS Net movement in funds At 31.12.24 At 1.1.24 Unrestrlcted funds General fund 365,732 88,734 454,466 TOTAL FUND5 365,732 88,734 454,466 Page 21 continued...
COLLEGE OF SEXUAL ANO RELATIONSHIP THERAPISTS NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31 DECEMBER 2024 MOVEMENT IN FUNDS- contlnued Net movement in funds. intluded in the above are as follow5: Incoming resources Resource5 expended Movement in funds Unrestricted funds General f und 388,655 1299,9211 88,734 TOTAL FUNDS 388,655 1299,9211 88.734 Comparatlves for movement in funds Net movement in funds At 31.12.23 At 1.1.23 Unrestrlcted funds General fund 356,169 9,563 365,732 TOTAL FUNDS 356.169 9,S63 365,732 Comparative net movement in funds. included in the above are as follows.. Incomin8 resource5 Resources expended Movement in funds Unre5trlcted funds General fund 342,562 1332,9991 9,S63 TOTAL FUNDS 342,562 1332,9991 9,563 A current year 12 months and prior year 12 month5 combined position is as follows.. Net movement in funds At 31.12.24 At 1.1.23 Unrestricted funds General fund 356,169 98,297 454,466 TOTAL FUNDS 356,169 98,297 454,466 Page 22 continued...
COLLEGE OF SEXUAL AND RELATIONSHIP THERAPISTS NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 DECEMBER 2024 MOVEMENT IN FUNDS- continued A current year 12 months and prior year 12 months combined net movement in fund5, included in the above are as follows.. Incoming resources Resources expended Movement in funds Unrestricted funds General fund 731.217 1632,9201 98,297 TOTAL FUNDS 731.217 1632,9201 98,297 io. RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 December 2024. 11. SHARE CAPITAL The company is limited by 8uarantee and does not have a share capital. The liability of each member is limited to sum not exceedin8 £1 on the winding up of the companv. The word limited is omitted by licence from the Department of Trade & Industry as the company has charitable status. Page 23
COLLEGE OF SEXUAL AND RELATIONSHIP THERAPISTS DETAILED STATEMENT OF FINANCIAL A1VITIEs FOR THE YEAR ENDED 310ECEMBER 2024 2024 2023 INCOME AND ENDOWMENTS Donatlons and legacles Gifts Charitsble actlvlties Membership contributions Conference income Journal income CPD income 204,856 20,354 30,837 79,133 189,186 19,356 27,697 66.822 335,180 303,061 Other Income Other Accreditatlon Fees 39,925 13,5SO 35.366 4,134 53,475 39,500 Total incomln8 resources 388,655 342,562 EXPENDITURE Charltable activities Wages social security Pensions Speakers Costs relatin8 to publishing Legal & professional fees 158,666 9,448 6,206 28,528 22,029 4,91)0 165,324 8,092 6,360 26,129 21,777 4,398 229,777 232,080 Support costs Management Marketing and research 5undries Professional Office costs Fixtures and fittings Computer equipment 6,423 2,077 22,266 36,584 37 300 6,678 1,849 47,140 42,452 300 43 97.687 98,462 Governance costs Avditor5' remuneration 2,457 2,457 Total rèsources expended 299,921 332,999 Net income 88,734 9.563 This page does not form part of the statutory financial statements Page 24