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2025-03-31-accounts

COMPANY REGISTRATION NUMBER: 04773325 CHARITY REGISTRATION NUMBER: 1102023

Space Counselling Chesterfield Ltd Company Limited by Guarantee Unaudited Financial Statements

31 March 2025

ALLEN, WEST AND FOSTER Chartered accountants Omega Court 364-366 Cemetery Road Sheffield S11 8FT

Space Counselling Chesterfield Ltd

Company Limited by Guarantee

Financial Statements

Year ended 31 March 2025

Page
Trustees' annual report (incorporating the director's report) 1
Independent examiner's report to the trustees 6
Statement of financial activities (including income and expenditure account) 8
Statement of financial position 9
Notes to the financial statements 10

Space Counselling Chesterfield Ltd

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report)

Year ended 31 March 2025

The trustees, who are also the directors for the purposes of company law, present their report and the unaudited financial statements of the charity for the year ended 31 March 2025.

Reference and administrative details

Registered charity name Space Counselling Chesterfield Ltd Charity registration number 1102023 Company registration number 04773325 Principal office and registered 3rd Floor, Dents Chambers office 81 New Square Chesterfield S40 1AH England The trustees T Cresswell J Webb H Douch R Barnett (Resigned 4 November 2024) J Etherington P Green (Appointed 7 May 2024) G Hill Company secretary Sarah Willis Independent examiner Stephen Allen ACA FCCA Omega Court 364-366 Cemetery Road Sheffield S11 8FT

Structure, governance and management

a. Constitution

Space Counselling Chesterfield (formerly Relate - Chesterfield & North Derbyshire) is registered as a charitable company limited by guarantee and was set up by a Memorandum of Association dated 21 May 2003. The company name was changed on 23 April 2025.

1

Space Counselling Chesterfield Ltd

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 March 2025

Structure, governance and management (continued)

b. Methods of appointment or election of Trustees

The directors of the company are also charity trustees for the purposes of charity law and under the company's Articles are known as Members of the Executive Committee. Under the requirements of the Memorandum and Articles of Association the members of the Executive Committee are elected to serve for one year renewable annually.

In an effort to reflect a range of skills and expertise, members have been appointed to the Board with this in mind and where possible, the Board will endeavour to retain these skills or recruit new Trustees according to the needs of the organisation. In the event of particular skills being lost due to retirement, individuals may be approached to offer themselves for election.

c. Policies adopted for the induction and training of trustees

Trustees have a selection interview following completion of the Trustee application form, and references have been received, with a further opportunity to meet the Centre Manager and other staff and to visit the Centre. They are also given information packs about Relate and can access both national and local websites. New members are invited to attend meetings prior to registering as Trustees as observers and are also required to attend National Relate zoom meetings of Trustees. In particular, they are briefed about the Charities Commission requirements for Trustees, and their safeguarding responsibilities.

d. Organisational structure and decision making

Relate Chesterfield & North Derbyshire (Space Counselling Chesterfield as of 1 April 2025) currently has an Executive Committee of 8 members who meet monthly and are responsible for the overall governance and strategic direction of the charity. Responsibility of the day-to-day provision of services is delegated to the Centre Manager. The Centre is a member of the Relate Federation (now Relationships England & Wales) and is guided in the provision of services by each Federated Centres Board of Trustees but adhere to agreed quality standards across all the Federated Centres.

e. Risk management

The Board of directors receive a monthly financial report in addition to the Centre Managers written and verbal reports at the monthly Board meetings. Financial and health and safety policies are also in place along with the appropriate insurance policies. In addition, all staff are DBS checked, and are required to read annually updated policies and sign a statement of understanding to confirm they will apply the policy to their practice.

The major risk that the charity is exposed to is loss of funding from grants and contracts. To mitigate this the Board ensure sufficient funds are kept in the reserves over and above the amounts that have previously been held for this purpose. Also, there has been a diversification of income streams to protect against loss from an particular source and this continues to be the focus to protect the future and financial viability of the Centre. Other more general risks such as damage to property and absence of staff are provided for in the business continuity plan, which also provides for remote working.

A major risk to the organisation is staff sickness absence owing to the small team and ensuring service and management coverage. This is partly mitigated by the Board's hands-on and operational protection approach.

2

Space Counselling Chesterfield Ltd

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 March 2025

Objectives and activities

a. Policies and objectives

The key charitable activity is attributed to direct client counselling, this encompasses children and young people, individuals, couples, family counselling and psychosexual therapy. In addition, we offer free or subsidised training to volunteers and employees of the voluntary and statutory sector.

We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our objectives and activities and in planning our future activities. In particular, the trustees consider how many planned activities they have set. Further details on how the charity delivers public benefit can be found in the activities undertaken to achieve objectives paragraph below.

b. Activities undertaken to achieve objectives

Clients are offered a choice of appointment times to suit their availability and attend for an assessment appointment before undertaking ongoing counselling to ensure they receive the right service. Waiting times are monitored and every effort is made to keep these as short as possible within the restraints of our resources. The Board and Centre Manager are actively and continually seeking contract services that fit our charitable activity.

In line with our charitable aims, we actively seek funding and bursaries to enable us to provide services at the point of need to those less able to pay. In particular, this last year we have reached a target of 76% free of charge counselling.

c. Staffing

The Centre relies on the reception staff (both paid and voluntary) who provide reception cover throughout the day and evening. The provision of placements for counsellors on the training course continues and supervision and ongoing support to counsellors is provided by the Centre via the Clinical Supervisors. The Centre currently employs 10 Counsellors, 1 Centre Manager,1 Quality and Training Lead, 1 Senior administrator/Company Secretary, 1 Senior administrator who manages room hire and revenue income and 2 general administrative staff.

Strategic report

The following sections for achievements and performance and financial review form the strategic report of the charity.

Achievements and performance

a. Review of activities

The Centre delivered 2,424 attended counselling sessions during the period of April 2024 to March 2025. We have offered a blended service of face to face, telephone and webcam appointments to meet client demands and needs for geographical and a range of other reasons. This will reduce previous barriers for some people in accessing our service, particularly those in remote areas.

3

Space Counselling Chesterfield Ltd

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 March 2025

Financial review

a. Going concern

The trustees meet regularly to look at governance, finance and strategy. Their concerns are directly in relation to the impending loss of the IAPT contract and the significant impact it will have on our income and ability to continue to provide subsidised counselling services. In addition to that there will be an associated loss of room hire by partner agencies who also will be affected similarly. Against the backdrop of contract loss, and reduced grant funding opportunities, combined with a new brand the board have identified several key activities to help raise the profile of SPACE. Including a new website and social media coverage. Alongside promoting the provision through Destination Chesterfield businesses to seek business and sponsorship. The trustees are not confident of the long-term future as a going concern but the immediate financial buffer enables to put plans in action to increase our revenue and hopefully stabilise.

b. Review of the year

Although the accounts show that we made a significant surplus this year, in reality it feels much different, due to a number of reasons:

During the year we received a grant of £50,000 which the Board have agreed will be used for free and subsidised counselling services, the provision and cost of which will be met on delivery in the current financial year. Unfortunately, the SORP prevents us from using the matching principal, which means the receipt of the funds are recognised in the accounts to 31 March 2025, and the expenditure will be recognised in the accounts of the year to 31 March 2026.

In December 2024 Relate National went into administration, although they were rescued by Family Action, Family Action's proposed funding model to the federated centres, was not one most centres could accept as sustainable. Like many other federated centres, we left the Relate brand and formed Relations England & Wales. There were rebranding and administration costs in doing so, some of which continue into the current financial year.

In June 2025, our IAPT contract finished. This was a significant loss to us, not only in contract income, but also room hire income by partner suppliers.

As a result of funding changes, total income increased from the previous year to £323,225 from £277,659. Expenditure decreased from the previous year to £257,499 from £267,738 resulting in a surplus of £65,726 (2024: surplus £9,539).

The total funds carried forward as of 31 March 2025 are £221,699 (2024: £155,973) of which £58,141 (2024: £10,471) are restricted, and £163,558 (2024: £145,502) are unrestricted.

Monthly financial statements are produced for the Board's scrutiny and quarterly financial statements are presented by the CEO.

c. Reserves policy

The policy of the organisation has always been to have a small reserve in cash and an asset in the form of a property that was rented out. The last two years have been difficult as shown in this financial statement and the cash reserves have been depleted. The trustees took the decision to sell the asset to maintain cash reserves and are now operating on the basis that we always retain £50,000 as a reserve that would cover any closing costs and cash availability of circa £50,000 to allow for the gaps between receipt of large-scale grants which are critical to the organisation. The Trustees and management review this situation on a monthly basis.

4

Space Counselling Chesterfield Ltd

Company Limited by Guarantee

Trustees' Annual Report (Incorporating the Director's Report) (continued)

Year ended 31 March 2025

Plans for future periods

The trustees' annual report and the strategic report were approved on ...05/11/2025.............. and signed on behalf of the board of trustees by:

T Cresswell Trustee

5

Space Counselling Chesterfield Ltd

Company Limited by Guarantee

Independent Examiner's Report to the Trustees of Space Counselling Chesterfield Ltd

Year ended 31 March 2025

I report to the trustees on my examination of the financial statements of Space Counselling Chesterfield Ltd ('the charity') for the year ended 31 March 2025.

Responsibilities and basis of report

As the trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act’).

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

Independent examiner's statement

Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales (ICAEW), 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:

  1. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act; or

  2. the financial statements do not accord with those records; or

  3. the financial statements do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair' view which is not a matter considered as part of an independent examination; or

  4. the financial statements 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 charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

6

Space Counselling Chesterfield Ltd

Company Limited by Guarantee

Independent Examiner's Report to the Trustees of Space Counselling Chesterfield Ltd (continued)

Year ended 31 March 2025

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

Stephen Allen ACA FCCA Independent Examiner

Omega Court 364-366 Cemetery Road Sheffield S11 8FT

7

Space Counselling Chesterfield Ltd

Company Limited by Guarantee

Statement of Financial Activities (including income and expenditure account)

Year ended 31 March 2025

2025 2024
Unrestricted Restricted
funds funds Total funds Total funds
Note £ £ £ £
Income and endowments
Donations and legacies 5 31,840 85,246 117,086 55,059
Charitable activities 6 156,513 156,513 157,808
Other trading activities 7 48,723 48,723 63,830
Investment income 8 903 903 962
   
Total income 237,979 85,246 323,225 277,659
   
Expenditure
Expenditure on raising funds:
Costs of other trading activities 9 519 519 134
Expenditure on charitable activities 10,11 219,404 37,576 256,980 267,604
   
Total expenditure 219,923 37,576 257,499 267,738
   
Net losses on investments 12 (382)
   
Net income and net movement in funds 18,056 47,670 65,726 9,539
   
Reconciliation of funds
Total funds brought forward 145,502 10,471 155,973 146,434
   
Total funds carried forward 163,558 58,141 221,699 155,973
   

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

The notes on pages 10 to 22 form part of these financial statements.

8

Space Counselling Chesterfield Ltd

Company Limited by Guarantee

Statement of Financial Position

31 March 2025

2025 2024
Note £ £
Fixed assets
Tangible fixed assets 17 9,186 6,548
Current assets
Debtors 18 26,511 36,470
Cash at bank and in hand 219,944 128,114
 
246,455 164,584
Creditors: amounts falling due within one year 19 33,942 15,159
 
Net current assets 212,513 149,425
 
Total assets less current liabilities 221,699 155,973
 
Net assets 221,699 155,973
 
Funds of the charity
Restricted funds 58,141 10,471
Unrestricted funds 163,558 145,502
 
Total charity funds 21 221,699

155,973


For the year ending 31 March 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

These financial statements were approved by the board of trustees and authorised for issue on .05/11/2025....., and are signed on behalf of the board by:

T Cresswell Trustee

The notes on pages 10 to 22 form part of these financial statements.

9

Space Counselling Chesterfield Ltd

Company Limited by Guarantee

Notes to the Financial Statements

Year ended 31 March 2025

1. General information

The charity is a public benefit entity and a private company limited by guarantee, registered in England and Wales and a registered charity in England and Wales. The address of the registered office is 3rd Floor, Dents Chambers, 81 New Square, Chesterfield, S40 1AH, England.

2. Statement of compliance

These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland', the Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)) and the Companies Act 2006.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The trustees recognise that the ability of the charity to continue in operation is dependent on its ability to be able to raise sufficient income through services provided and obtaining grants to support the running costs of the charity. The trustees recognise that in the current economic climate there are significant uncertainties to achieving this. A new management team has reviewed options to merge with other centres or the national body but at this point feels they would be last resort and possibly have a negative impact on the local nature and provision of services.

This new management team and a revised approach has identified financial and operational weaknesses that have been resolved and together with the liquidation of a fixed asset to cover short term cash requirements the immediate future is not in doubt. Trustees are continuing to take this issue very seriously and are reviewing financial information (including cash flow forecasting) with management on a monthly basis and appropriate action is being taken where necessary. Based on the above, the trustees are satisfied that the charity is a going concern and continue to adopt this basis of accounting.

Judgements and key sources of estimation uncertainty

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including experience of future events that are believed to be reasonable under the circumstances.

Critical accounting estimates and assumptions:

The company makes estimates and assumptions concerning the future. The resulting accounting estimates and assumptions will, by definition, seldom equal the related actual results. There are no estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

10

Space Counselling Chesterfield Ltd

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2025

3. Accounting policies (continued)

Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charitable Company and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charitable Company for particular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.

Incoming resources

All income is recognised once the company has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.

Donated services or facilities are recognised when the company has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use of the company of the item is probably and that economic benefit can be measured reliably.

On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the company which is the amount the company would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable.

Other income is recognised in the period in which it is receivable and to the extent the goods have been provided or on completion of the service.

Resources expended

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably.

Costs of generating funds are costs incurred in attracting voluntary income, and those incurred in trading activities that raise funds.

Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charitable Company's objectives, as well as any associated support costs.

All expenditure is inclusive of irrecoverable VAT.

11

Space Counselling Chesterfield Ltd

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2025

3. Accounting policies (continued)

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Fixtures and fittings - 25% reducing balance

Investment property

Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure.

Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in income or expenditure.

If a reliable measure of fair value is no longer available without undue cost or effort for an item of investment property, it shall be transferred to tangible assets and treated as such until it is expected that fair value will be reliably measurable on an on-going basis.

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

12

Space Counselling Chesterfield Ltd

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2025

3. Accounting policies (continued)

Impairment of fixed assets (continued)

For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units.

Financial instruments

The 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.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises.

4. Limited by guarantee

The company is a company limited by guarantee. The members of the company are the Trustees named on page 1. In the event of the company being wound up, the liability in respect of the guarantee is limited to £1 per member of the company.

5. Donations and legacies

Unrestricted Restricted Total Funds
Funds Funds 2025
£ £ £
Donations
Client contributions 31,617 31,617
Donations 223 223

13

Space Counselling Chesterfield Ltd

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2025

5. Donations and legacies (continued)

Unrestricted Restricted Total Funds
Funds Funds 2025
£ £ £
Grants
Hardwick CCG
Inspirative Art Help the Helpers
DVA Youth Group
DVA Chesterfield
Foundation Derbyshire
Chesterfield Borough Council Counselling CYP
Derbyshire Community Foundation 2,000 2,000
Derbyshire Mind - Trauma Informed Practice 7,439 7,439
Postcode Places - Postcode Community PCT Millionaire 65,732 65,732
Police & Crime Commissioner grant 2,445 2,445
Erewash Voluntary - Erewash Voluntary MH Small
Grants 4,140 4,140
Derbyshire Voluntary Action - Health & Wellbeing grant 990 990
Rotary Club - Fund raising 2,500 2,500
  
31,840 85,246 117,086
  
Unrestricted Restricted Total Funds
Funds Funds 2024
£ £ £
Donations
Client contributions 18,902 18,902
Donations 5,357 5,357
Grants
Hardwick CCG 5,652 5,652
Inspirative Art Help the Helpers 11,848 11,848
DVA Youth Group 3,000 3,000
DVA Chesterfield 6,000 6,000
Foundation Derbyshire 1,500 1,500
Chesterfield Borough Council Counselling CYP 2,800 2,800
Derbyshire Community Foundation
Derbyshire Mind - Trauma Informed Practice
Postcode Places - Postcode Community PCT Millionaire
Police & Crime Commissioner grant
Erewash Voluntary - Erewash Voluntary MH Small
Grants
Derbyshire Voluntary Action - Health & Wellbeing grant
Rotary Club - Fund raising
  
24,259 30,800 55,059
  

14

Space Counselling Chesterfield Ltd

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2025

6. Charitable activities

Unrestricted Restricted Total Funds
Funds Funds 2025
£ £ £
Contract work 156,513 156,513
  
Unrestricted Restricted Total Funds
Funds Funds 2024
£ £ £
Contract work 98,768 59,040 157,808
  
7. Other trading activities
Unrestricted Total Funds Unrestricted Total Funds
Funds 2025 Funds 2024
£ £ £ £
Room hire 47,058 47,058 59,357 59,357
100 Club 149 149
Sundries 1,665 1,665 4,324 4,324
   
48,723 48,723 63,830 63,830
   
8. Investment income
Unrestricted Total Funds Unrestricted Total Funds
Funds 2025 Funds 2024
£ £ £ £
Investment income 903 903 962 962
   
9. Costs of other trading activities
Unrestricted Total Funds Unrestricted Total Funds
Funds 2025 Funds 2024
£ £ £ £
Costs of other trading activities -
Advertising and publicity 519 519 134 134
   

15

Space Counselling Chesterfield Ltd

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2025

10. Expenditure on charitable activities by fund type

Unrestricted Restricted Total Funds
Funds Funds 2025
£ £ £
Counselling services 214,431 37,576 252,007
Support costs 4,973 4,973
  
219,404 37,576 256,980
  
Unrestricted Restricted Total Funds
Funds Funds 2024
£ £ £
Counselling services 169,328 87,779 257,107
Support costs 10,497 10,497
  
179,825 87,779 267,604
  
11. Expenditure on charitable activities by activity type
Activities
undertaken Total funds Total fund
directly Support costs 2025 2024
£ £ £ £
Counselling services 252,007 252,007 257,107
Governance costs 4,973 4,973 10,497
   
252,007 4,973 256,980 267,604
   
12. Net losses on investments
Unrestricted Total Funds Unrestricted Total Funds
Funds 2025 Funds 2024
£ £ £ £
Gains/(losses) on investment property (382) (382)
   
13. Net income
Net income is stated after charging/(crediting):
2025 2024
£ £
Depreciation of tangible fixed assets 2,062 2,183
 
14. Independent examination fees
2025 2024
£ £
Fees payable to the independent examiner for:
Independent examination of the financial statements 1,000

1,000


16

Space Counselling Chesterfield Ltd

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2025

15. Staff costs

The total staff costs and employee benefits for the reporting period are analysed as follows:

2025 2024
£ £
Wages and salaries 178,406 178,490
Social security costs 2,870 3,819
Employer contributions to pension plans 1,662 1,729
 
182,938

184,038


The average head count of employees during the year was 17 (2024: 17). The average number of fulltime equivalent employees during the year is analysed as follows:

2025 2024
No. No.
Charitable activities 11 11
Management and administration of the charity 6 6
 
17 17
 

No employee received employee benefits of more than £60,000 during the year (2024: Nil).

Key Management Personnel

Key management personnel include all persons that have authority and responsibility for planning, directing and controlling the activities of the charity. The total compensation paid to key management personnel for services provided to the charity was £24,655 (2024:£44,890).

16. Trustee remuneration and expenses

During the year, no Trustees received any remuneration or benefits in kind (2024: £NIL).

During the year, no Trustees received any reimbursement of expenses (2024: £NIL).

17. Tangible fixed assets

Fixtures and
fittings
£
Cost
At 1 Apr 2024 20,710
Additions 4,700

At 31 Mar 2025 25,410

Depreciation
At 1 Apr 2024 14,162
Charge for the year 2,062

At 31 Mar 2025 16,224

Carrying amount
At 31 Mar 2025 9,186

At 31 Mar 2024 6,548


17

Space Counselling Chesterfield Ltd

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2025

18. Debtors

2025 2024
£ £
Prepayments and accrued income 26,511 36,470
 
19. Creditors: amounts falling due within one year
2025 2024
£ £
Accruals and deferred income 33,942 15,159
 

20. Pensions and other post retirement benefits

Defined contribution plans

The amount recognised in income or expenditure as an expense in relation to defined contribution plans was £1,662 (2024: £1,729).

21. Analysis of charitable funds

Unrestricted funds

Unrestricted funds
Gains and At
At 1 Apr 2024 Income Expenditure losses 31 Mar 2025
£ £ £ £ £
General funds 95,502 237,979 (219,923) 113,558
Contingencies 50,000 50,000
    
145,502 237,979 (219,923) 163,558
    
Gains and At
At 1 Apr 2023 Income Expenditure losses 31 Mar 2024
£ £ £ £ £
General funds 88,024 187,819 (179,959) (382) 95,502
Contingencies 50,000 50,000
    
138,024

187,819

(179,959)

(382)

145,502


Designated funds

A contingency fund has been set aside by the directors to provide running costs in case of an unforeseen reduction in income levels.

18

Space Counselling Chesterfield Ltd

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2025

21. Analysis of charitable funds (continued)

Restricted funds

Restricted funds
Gains and At
At 1 Apr 2024 Income Expenditure losses 31 Mar 2025
£ £ £ £ £
DVA North East
Derbyshire
Inspirative Art Help the
Helpers
Hardwick CCG
DVA Bolsover
DVA Chesterfield 2,880 (1,800) 1,080
Pixel Fund
Voluntary Sector AMHP
Funding 1,320 (240) 1,080
Edward Gosling Funding 1,350 (1,350)
Chesterfield Borough
Council Funding 1,921 (1,921)
Postcode Neighbourhood
Trust
CEV Emotional Wellbeing
DVA Youth Group 3,000 (3,000)

19

Space Counselling Chesterfield Ltd

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2025

21. Analysis of charitable funds (continued) Analysis of charitable funds (continued)
Foundation Derbyshire
Derbyshire Community
Foundation 2,000 (2,000)
Derbyshire Mind - Trauma
Informed Practice 7,439 (7,439)
Postcode Places -
Postcode Community
PCT Millionaire 65,732 (15,732) 50,000
Police & Crime
Commissioner grant 2,445 2,445
Erewash Voluntary -
Erewash Voluntary MH
Small Grants 4,140 (4,094) 46
Derbyshire Voluntary
Action - Health &
Wellbeing grant 990 990
Rotary Club - Fund
raising 2,500 2,500
    
10,471 85,246 (37,576) 58,141
    
Gains and At
At 1 Apr 2023 Income Expenditure losses 31 Mar 2024
£ £ £ £ £
DVA North East
Derbyshire 240 (240)
Inspirative Art Help the
Helpers 11,848 (11,848)
Hardwick CCG 5,652 (5,652)
DVA Bolsover 200 (200)
DVA Chesterfield 3,000 (120) 2,880
Pixel Fund 600 (600)

20

Space Counselling Chesterfield Ltd

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2025

21. Analysis of charitable funds (continued)

Voluntary Sector AMHP
Funding 1,320 1,320
Edward Gosling Funding 2,500 (1,150) 1,350
Chesterfield Borough
Council Funding 3,350 5,800 (7,229) 1,921
Postcode Neighbourhood
Trust 200 (200)
CEV Emotional Wellbeing 59,040 (59,040)
DVA Youth Group 3,000 3,000
Foundation Derbyshire 1,500 (1,500)
Derbyshire Community
Foundation
Derbyshire Mind - Trauma
Informed Practice
Postcode Places -
Postcode Community
PCT Millionaire
Police & Crime
Commissioner grant
Erewash Voluntary -
Erewash Voluntary MH
Small Grants
Derbyshire Voluntary
Action - Health &
Wellbeing grant
Rotary Club - Fund
raising
    
8,410 89,840 (87,779) 10,471
    

The purpose of the restricted funds are as follows:-

DVA North East Derbyshire - funding for providing subsidised counselling to young people (aged 1118)

Inspirative Art Help the Helpers - funding for trustee training Hardwick CCG - funding for psychosexual therapy

DVA Bolsover - funding for providing subsidised counselling to young people (aged 11-18) in Bolsover DVA Chesterfield - funding for providing subsidised counselling to young people (aged 11-18) in Chesterfield

DVA - funding for youth group worker's salary

Pixel Funding - funding for young people's counselling

Voluntary Sector AMHP Funding - funding for Covid risk assessments, panic alarms, workspace adaptions, and training room equipment

Edward Gosling Funding - funding for mental health counselling sessions Chesterfield Borough Council Funding - funding for counselling sessions Postcode Neighbourhood Trust Grant - funding for counselling sessions CEV Emotional Wellbeing - funding for counselling service

21

Space Counselling Chesterfield Ltd

Company Limited by Guarantee

Notes to the Financial Statements (continued)

Year ended 31 March 2025

22. Analysis of net assets between funds

Unrestricted Restricted Total Funds
Funds Funds 2025
£ £ £
Tangible fixed assets 9,186 9,186
Current assets 188,314 58,141 246,455
Creditors less than 1 year (33,942) (33,942)
  
Net assets 163,558 58,141 221,699
  
Unrestricted Restricted Total Funds
Funds Funds 2024
£ £ £
Tangible fixed assets 6,548 6,548
Investments
Current assets 154,113 10,471 164,584
Creditors less than 1 year (15,159) (15,159)
  
Net assets 145,502 10,471 155,973
  

23. Operating lease commitments

The total future minimum lease payments under non-cancellable operating leases are as follows:

2025 2024
£ £
Not later than 1 year 12,000 12,000
Later than 1 year and not later than 5 years 12,000 24,000
 
24,000

36,000


24. Related parties

There are no related party transactions which require disclosure in this or the prior period.

22