Registration No. 5065216 (England and Wales) Charity No. 1103070 THE RELATIONSHIPS CENTRE LEICESTERSHIRE LTD (a company limited by guarantee) TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
THE RELATIONSHIPS CENTRE LEICESTERSHIRE LTD CONTENTS Page Company Information Trustees' report Auditor's report Statement of Financial Activities Balance Sheet Statement of Cash Flows Notes to the financial statements 1 2-10 11 - 13 14 15 16 - 17 18 - 25
THE RELATIONSHIPS CENTRE LEICESTERSHIRE FORMERLY RELATE (A COMPANY LIMITED BY GUARANTEE) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 THE RELATIONSHIPS CENTRE LEICESTERSHIRE FORMERLY RELATE LEICESTERSHIRE (A COMPANY LIMITED BY GUARANTEE) COMPANY INFORMATION TRUSTEES: + COMPANY SECRETARY: CHIEF EXECUTIVE OFFICER: REGISTERED OFFICE: COMPANY REGISTERED NUMBER: CHARITY REGISTERED NUMBER: EXAMINING ACCOUNTANT: BANKERS: INDEPENDENT AUDITORS: Mr RJones (Chair) Mrs S Jarram (Treasurer) Mr M Wright Miss Jade Williamson Miss Kumbirai Mushambi Mrs Namrata Bhavsar Miss M White Miss M White 83 Aylestone Road Leicester Leicestershire LE2 7LL 5065216 (England & Wales) 1103070 Mr CS Sowman Kenneth Law Sowman & Co 3 Leicester Road Oadby Leicester LE2 5BD HSBC Bank plo 31 Granby Street Leicester LE1 6EP Xeinadin Audit Limited Cabourn House, Station Street Bingham, Nottinghamshire NG13 8AQ 1
THE RELATIONSHIPS CENTRE LEICESTERSHIRE (FORMERLY RELATE LEICESTERSHIRE) (A COMPANY LIMITED BY GUARANTEE) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 The Directors, who are Trustees in respect of the charitable activities of the company, present their report together with the financial statements for the year ended 31st March 2025. CHARITABLE OBJECTS The charitable objects of The Relationships Centre Leicestershire Formerly Relate Leicestershire are set out below. 1. To educate the public concerning the benefits of secure couple relationships, marriage and family life in order to improve the emotional, sexual and spiritual well-being of individuals which is derived from committed relationships; 2. To seek to enhance, the good health, both mental and physical, of adults and children by: i) Increasing public awareness of the benefit of committed couple relationships, marriage, and family life; and il) Working to prevent poverty, hardship and distress caused by the breakdown of such relationships; 3. To provide counselling, advice, education, guidance and relief to adults and/or children in relation to any aspect of contemporary life or work which: i) May prejudice their physical or mental well-being; or il) Influence, either directly or indirectly, their present or future family or couple relationship; 4. To relieve those in need by reason of youth, age, ill-health, disability, financial hardship or another disadvantage; and 5. To promote research into all of the above Objects and to make the results available to the public. The company's main activities during the year all fell within these objects and are described in fuller detail later in this report. REVIEW OF BUSINESS The results for the year and the financial position of the company are as shown in the annexed financial statements. 2
THE RELATIONSHIPS CENTRE LEICESTERSHIRE (FORMERLY RELATE LEICESTERSHIRE) (A COMPANY LIMITED BY GUARANTEE) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 STRUCTURE, GOVERNANCE AND MANAGEMENT The Relationships Centre Leicestershire Formerly Relate Leicestershire is a registered charity that has been serving the communities of Leicester, Leicestershire and Rutland for nearly 80 years. This year has seen a significant and unprecedented change in our charity's history, governance and structure. Having operated as part of the Marriage Guidance Council since 1947, and later under the Reiate brand, we have long been part of a national network providing relationship support across the UK. In November 2024, the national Relate charity entered administration. This development marked a pivotal moment for our organisation. The Board of Trustees undertook a thorough review of our structure, operational responsibilities and future direction to ensure the continuity and stability of our local services. Throughout this period, the trustees have continued to provide strong oversight, meeting regularly to maintain high standards of governance while adapting to a rapidly changing landscape, prioritising both staff and services users during this transition. We saw almost all 23 Relate independent centres, with additional centres joining later, leave the Relate brand at the end of the financial year. Together, these centres have formed a new national charity, Relationships England and Wales, made up of network members committed to working collaboratively. This collective approach strengthens our shared voice, enhances operational resilience and supports a unified vision of delivering high quality in-person relationship support across the country. Our centre is bound by the terms of the Relationships England and Wales membership agreement, which provides, among others, that The Relationships Centre Leicestershire will abide by the terms of the agreed policies. The governing body of Relationships England and Wales is the Board of Directors. We provide an extensive range of relationship services at our main premises at 81/83 Aylestone Road, Leicester and outreach locations across the county and Rutland. The governing body of The Relationships Centre Leicestershire Formerly Relate Leicestershire is its Board. The Memorandum and Articles of Association govern the appointment of Directors and Trustees. The Centre's policy for the recruitment and induction of new Directors and Trustees provides for a process of interviews and discussions, the provision of background information and attendance as an observer at Board and Committee meetings. The Directors and Trustees have met formally with the Centre Manager and staff teams in regular meetings throughout the year. Between these meetings the Finance & General Purposes Committee oversee the Centre's finances and 3
THE RELATIONSHIPS CENTRE LEICESTERSHIRE (FORMERLY RELATE LEICESTERSHIRE) (A COMPANY LIMITED BY GUARANTEE) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 Human Resource Functions. The Service & Practice Committee regularly reviews and guides the development and delivery of the main services provided: Relationship Counselling (face-to-face and by telephone/zoom), Young People Counselling, Sex Therapy, Family Counselling and Education and Learning services. The Business Development Committee oversee the development of the Business Plan and the Marketing & Publicity Strategy and monitor its implementation and progress. Melissa White leads the team with support from Amy Colebrook, (Director of Services) Georgia Payne (Operations Manager), Caitlin Sands (Service Manager), Khloe Crofts (Office Manager) and Caroline Byrne (Centre Support Team Co- ordinator). The Clinical Lead is supervisor Vicki Weetman, supported by supervisors Kala Subbaswamy, Rashmi Patel and Leona Smith Kerr. OBJECTIVES AND ACTIVITIES Our recent change has allowed us to review our vision, mission and values and our new name, The Relationships Centre Leicestershire, reflects the breadth, depth and diversity of the counselling and therapeutic services it now provides to the local community. Our mission is to be a locally rooted centre that encourages connection and supports people to build healthy relationships with themselves, with others and the wider community. Our vision continues to be a "one stop relationship service centre" reaching more people and serving the community of Leicester, Leicestershire and Rutland. At our core, we care and believe in what we do, and in people's relationships and connections and have renewed our values to include, • Inclusivity Welcoming, adaptable & connected • Integrity Professional, ethical & authentic • Innovation Creative, responsive & nurturing development • Compassion Empathic, supportive & empowering The Relationships Centre Leicestershire continues to provide counselling and support to individuals, couples, children and young people and families across Leicester, Leicestershire and Rutland, building on a long tradition of strengthening relationships and supporting community wellbeing. Our services are diverse and designed to meet local needs, and in parallel to diversify our sources of income. Growth and flexibility are critical to the Centre's long-term viability, and we continue on our objective to develop steady patterns of annual growth. 4
THE RELATIONSHIPS CENTRE LEICESTERSHIRE (FORMERLY RELATE LEICESTERSHIRE) (A COMPANY LIMITED BY GUARANTEE) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 Despite the significant transition in our charity's history, 2024-2025 has been another positive year in terms of maintaining a single cohesive team within the Centre. Due to service user demand, we continue to deliver a mainly face to face service with some remote counselling taking place. In January 2025, The Board of Trustees, led by The Treasurer, developed and approved a new Investment Policy to help secure the charity's long term financia sustainability. This policy provides a structured approach to making prudent investments that will support our future resilience and allow us to plan with confidence. As part of this strategy, the Board created a designated fund to enable significant improvements to the two buildings we own, which are 150 and 135 years old. Both properties required substantial renovation works during the financial year, and the designated fund has allowed us to undertake these essential upgrades in a planned and responsible way. These buildings provide a sense of containment for our staff and service users and investing in them ensure that we continue to offer a safe, welcoming and fit for purpose environment. This approach has also ensured the sensible and strategic use of our surplus, investing in assets that are central to the charity's ongoing work. The Centre's longest established service is Adult Relationship Counselling. This includes counselling for individuals and couples, irrespective of marital status, faith, race, gender, sexual orientation or disability, as well as Sex Therapy and Sex Addiction. The Young People Counselling Service has continued building partnerships with schools and we have new schools and colleges on board providing face to face counselling services. The demand for children and young people counselling and family counselling is significant, and we have again recruited new members of the team to meet the additional demand. We delivered another year of therapeutic services for children and young people with mild to moderate mental health needs across Leicester, Leicestershire, and Rutland and again this has now been extended to 31st March 2027. The contract is an Early Intervention Service funded by the NHS Leicester, Leicestershire and Rutland Integrated Care Board and is delivered with our partner agency Heads Up. Sadly, during our own transition period, we also saw our early intervention partner and subcontractor, ADHD Solutions enter into administration in December 2024. To ensure continuity of service for our early intervention clients, the Board and Senior Team acted swiftly and responsibly. In January 2025, we recruited two members of the ADHD Solutions team into our own organisation, enabling us to preserve essential expertise and maintain vital support for families. This marked the creation of a new service that has never before been provided in our charity's history. 5
THE RELATIONSHIPS CENTRE LEICESTERSHIRE (FORMERLY RELATE LEICESTERSHIRE) (A COMPANY LIMITED BY GUARANTEE) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 The NHS Leicester, Leicestershire and Rutland Integrated Care Board continued to commission Relate Leicestershire to deliver a Community Chill Out Zone service. This service supported Children and Young People to access support and advice with low level emotional and mental health needs through community workshops. PUBLIC BENEFIT In line with the requirements of the Charities Commission, we give below information on how the Centre delivers public benefit. The Relationships Centre Leicestershire continues to provide counselling and support to individuals, couples, children and young people and families across Leicester, Leicestershire and Rutland, building on a long tradition of strengthening relationships and supporting community wellbeing takes practical steps to provide open access to its services. We continue to operate a bursary scheme to enable those in financial hardship to access our services at a reduced cost. We nevertheless see it as a priority that our services remain accessible to those who require them, irrespective of their means. Most of our Young People Counselling Service is provided within the Early Intervention Service and local schools and colleges. ACHIEVEMENTS AND PERFORMANCE Results in Aggregate This was as ever a year of challenge, as illustrated bythe insolvency of the national charity. At the same time, we have experienced a reduction in demand across some of our services, reflecting the wider pressures of the ongoing cost of living crisis. As a result of a slight reduction in demand across services, our investment policy has focussed on supporting service users to access counselling through prudent financial decisions, and this is reflected in the interest earned back from the bank deposits. In addition, we have placed increased emphasis on fundraising activities to further strengthen the charity's financial position and ensure the sustainability of our services. We have sought to avoid generating excessive surpluses by making prudent investments in our buildings and in continuing professional development of our staff. Despite this approach and our year of challenge, the charity has still achieved a modest surplus during the year, which will be invested into our staff, our properties and our clients, ensuring the organisation continues to deliver high quality support while maintaining financial sustainability. Adult Relationship Counselling We have seen a drop in demand for this financial year; however, we hope to reach more people this year and supporting them to find us under our new name continues to be a priority. Work continues on supporting couples and individuals to access our bursary. 6
THE RELATIONSHIPS CENTRE LEICESTERSHIRE (FORMERLY RELATE LEICESTERSHIRE) (A COMPANY LIMITED BY GUARANTEE) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 Children and Young People's counselling and Family Work We continued our work in schools providing individual counselling for young people in secondary and primary schools. The demand for school counselling is increasing at a steady rate, and we have employed and trained new counsellors to meet the demand. FINANCIAL REVIEW Financial Position The Centre ended the year with total incoming resources of £1,380,258 and recorded a surplus of £ 131,832. This surplus has built our reserves to a level that will sustain us in a crisis. We have continued to invest in our infrastructure to improve our environment for clients, improve the building and our programme of change for our IT provision. The Trustees, as usual, will be making prudent decisions over the coming year to ensure the Centre's viability. The Centre's finances are managed under a straightforward regime. The Finance & General Purposes Committee develops a budget for approval by the Board prior to the start of each year, and reviews performance against that budget. The Board receives and considers financial reports at each of its quarterly meetings. Every month the Centre Manager sends to the Directors and Trustees a set of key statistics, including output volumes for each service, the unkept appointment rate, the average client contribution for counselling services, and the values of bank balances. The Finance & General Purposes Committee is authorised to approve unbudgeted expenditures of up to £5,000. The Finance Committee keeps under review the management of funds on deposit. The turnover in 2024 - 2025 has taken us over the threshold for an independent examination and we have been audited this year by Xeinadin Audit Limited. Reserves The contents of the Centre's risk register were formally reviewed during the course of the year, together with their estimated impacts and likelihoods, controls and mitigations. In the light of this the level of required reserves was re- evaluated. The directors concluded that it was prudent to maintain free reserves, including working capital, of around £450,000 to provide a 'breathing space' within which to act in the event of the risks identified materialising. The Centre's readily realisable assets now stand at around £1,710,766. Given the continuing uncertainties within the funding outlook and the economy generally, the directors regard the current level of reserves as adequate. 7
THE RELATIONSHIPS CENTRE LEICESTERSHIRE (FORMERLY RELATE LEICESTERSHIRE) (A COMPANY LIMITED BY GUARANTEE) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 It should be noted that the freehold property owned by The Relationships Centre Leicestershire is valued at historical cost less accumulated depreciation in the accounts. The trustees consider that 'on an open market valuation' the freehold property would be valued considerably more than its book value. Funding The main sources of funding for our services during 2024/2025 are as described in the following paragraphs. Most of the funding for Relationship Counselling, delivered at our own premises and outposts came from client contributions. The payments are supported by a bursary, where necessary, so that the service was again available to clients irrespective of their means. Our Bursary made available for members of the public to support the cost of counselling for 2024 - 2025 was £14,190.60, a decrease from the previous year but reflects the slight reduction in client demand. Young People counselling services received most of its funding through contracts with our local Integrated Care Board. Counselling services for schools and colleges were once again delivered at a reduced cost this year. We have been unable to increase the much-needed unit cost due to the financial pressure many of these institutions face, as any increase could have restricted access for service users. The continuation of these services at an affordable rate has been supported by our investment efforts, ensuring that those in need continue to receive essential support. FUTURE DEVELOPMENTS We have continued to build stability in the Centre as we work together to operate our vision and strategy. The cost-of-living crisis continues to place pressure on demand for our services, and this is likely to intensify as financial pressures on households deepen further. Faced with continuing uncertainty, we shall maintain close monitoring of the funding outlook and new opportunities and keep under review contingency plans to manage our capacity and our cost base. We will continue to analyse feedback from our clients and act as needed to keep our services in tune with evolving market needs. We will continue to invest time and effort in understanding the implications of structural changes in our various markets, including the impact of commissioning. We intend to continue to develop bespoke solutions to the opportunities presented by funding agencies, and where appropriate to work in partnership with other service organisations with complementary competences. We will continue to encourage the members of our highly skilled workforce to extend their individual competences to meet emerging needs. 8
THE RELATIONSHIPS CENTRE LEICESTERSHIRE (FORMERLY RELATE LEICESTERSHIRE) (A COMPANY LIMITED BY GUARANTEE) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 The trustees are confident that the actions taken over the past year has put the charity in a strong position to succeed in what has now become an extremely challenging time. REFERENCE AND ADMINISTRATIVE DETAILS This information is provided on page 1 of the annual report and accounts. EXAMINING ACCOUNTANT The Directors and Trustees acknowledge and thank Mr Christopher Sowman of Kenneth Law Sowman & Co. for his work in undertaking the annual examination of the accounts for the year to 31 March 2025 and for supporting our work with auditors Xeinadin. PROVISION OF INFORMATION TO AUDITORS Each of the persons who are Trustees at the time when the Trustees' report is approved, has confirmed that so far as that Trustee is aware, there is no audit information of which the auditor is unaware; that they have taken all the steps that ought to have been taken as a Trustee in order to be aware of any information needed by the auditor in connection with preparing its report and to establish that the auditor is aware of that information. Approved by the Trustees on 4* December 2025 and signed on their behalf by Mr Richard Jones Chair 9
THE RELATIONSHIPS CENTRE LEICESTERSHIRE (FORMERLY RELATE LEICESTERSHIRE) (A COMPANY LIMITED BY GUARANTEE) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 STATEMENT OF TRUSTEES' RESPONSIBILITIES The trustees are required to prepare financial statements for each financial year that give a true and fair view of the financial activities of the charity and of its financial position at the end of that year. In preparing those accounts the trustees are required to: • select suitable accounting policies and apply them consistently; • make judgments and estimates that are reasonable and prudent; state whether the policies adopted are in accordance with applicable accounting standards and statements of recommended practice, subject to any material departures disclosed ano explained in the accounts; and • prepare the accounts on the going concern basis unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and to ensure that the accounts comply with all relevant legislation and its own constitution. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. 10
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE RELATIONSHIPS CENTRE LEICESTERSHIRE LTD Opinion We have audited the financial statements of The Relationships Centre Leicestershire Ltd for the year ended 31 March 2025 which comprise the Statement of Financial Activities (incorporating an Income and Expenditure Account), the Balance Sheet, the Statement of Cash Flows and the related notes. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland". In our opinion the financial statements: • give a true and fair view of the state of the charitable company's affairs as at 31 March 2025, and of its incoming resources and application of resources, including its income and expenditure, for the year then ended; • have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice and; • have been prepared in accordance with the requirements of the Companies Act 2006. 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 the provisions available for small entities, in respect of the fact we provide non-audit services in the preparation of these financia statements, 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 trustee's use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on 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 Trustees' report. The Trustees are responsible for this other information. Our opinion of 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. In connection with our audit of the financial statements, 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 audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. 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. 11
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE RELATIONSHIPS CENTRE LEICESTERSHIRE LTD Opinions on other matters prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of the audit: • the information given in the Trustees' report, which includes the Directors' report and the Strategic report prepared for the purposes of company law, for the financial year for which the financial statements are prepared is consistent with the financial statements; and • the Strategic report and the Directors' report included within the Trustees' report have been prepared in accordance with the applicable legal requirements. Matters on which we are required to report by exception 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: • the charitable company has not kept adequate and sufficient accounting records, or returns adequate for our audit have not been received from branches not visited by us; or the financial statements are not in agreement with the accounting records and returns; or certain disclosures of trustees' remuneration specified by law are not made; or we have not received all the information and explanations we require for our audit. the Trustees were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies exemption in preparing the Directors' report and take advantage of the small companies exemption from the requirement to prepare a strategic report. Responsibilities of Trustees As explained more fully in the Trustees' responsibilities statement set out in the Trustees' report, the Trustees (who are also the 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 the financial statements that are free from material misstatement, whether due to fraud or error. Auditor's responsibilities for the audit of the financial statements 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 it 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 aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. irregularities, including fraud is detailed below: Firstly, our assessment of the risk applicable to the entity's financial statements from material misstatements, including fraud, is low. Consequently, the risks identified are primarily concerned with dominant influence by management, income recognition and classification as well as adequacy and completeness of the disclosure for related parties. In response, we have: : Reviewed minutes of meetings of management and those charged with governance; Tested journal entries and other adjustments for appropriateness, evaluating the rationale behind transactions outside the normal course of activities; - Vouched a sample of grants and contracts to source documentation checking income recognition criteria as well as any restrictions for appropriate fund classification; - Reviewed transactions during the year for evidence of additional, unidentified related parties. 12
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE RELATIONSHIPS CENTRE LEICESTERSHIRE LTD Auditor's responsibilities for the audit of the financial statements (continued) Whilst the procedures listed aid us in detecting irregularities, there exists the inherent difficulty in detecting irregularities, particularly those related to fraud. However, we believe the above risks to be the particular areas most susceptible to material misstatement. A further description of our responsibilities for the audit of the financial statements is located 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 his report is made solely to the charitable company's members, as a body, in accordance with Chapte : of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state t 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 Jordan Cain ACA (Senior Statutory Auditor) for and on behalf of XEINADIN AUDIT LIMITED Chartered Accountants Statutory Auditors Cabourn House Station Street Bingham Nottinghamshire NG13 8AQ Date: 13
THE RELATIONSHIPS CENTRE LEICESTERSHIRE LTD (A COMPANY LIMITED BY GUARANTEE) STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 INCOME AND EXPENDITURE ACCOUNT NOTE, Unrestined Restricted funds Incoming resources Incoming resources from generated funds Voluntary Income Investment income Incoming resources from charitable activities Other incoming resources Total incoming resources Resources expended Charitable activities Governance costs Total resources expended Net incoming resources for the financial year Transfer between funds Total funds brought forward 4 5 6 7 8 Total funds carried forward 16 2,987 3,022 1,245,151 820 1,251,980 1,113,248 6,900 1,120,148 131,832 1,685,501 1,817,333 CONTINUING OPERATIONS All incoming resources and resources expended derive from continuing activities TOTAL RECOGNISED GAINS AND LOSSES There were no recognised gains or losses other than included above. : 128,278 128,278 128,278 - 128,278 The notes form part of these financial statements Page 14 2025 Total funds 2,987 3,022 1,373,429 820 1,380,258 1,241,526 6,900 1,248,426 131,832 1,685,501 1,817,333 2024 Total funds 1,719 1,429,980 275 1,431,974 1,092,097 6,900 1,098,997 332,977 1,352,524 1,685,501
THE RELATIONSHIPS CENTRE LEICESTERSHIRE LTD (A COMPANY LIMITED BY GUARANTEE) BALANCE SHEET 31 MARCH 2025 TANGIBLE FIXED ASSETS CURRENT ASSETS Debtors Cash at bank and in hand CREDITORS Amounts falling due within one year NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES FUNDS Unrestricted Funds General funds Designated funds Restricted funds TOTAL FUNDS NOTE 11 14 20 20 20 2025 106,567 26,306 1,722,563 1,748,869 38,103 2024 218,607 1,444,005 1,662,612 93,703 116,592 1,710,766 1,817,333 1,568,909 1,685,501 1,317,333 500,000 1,685,501 1,817,333 • 1,817,333 1,685,501 - 1,685,501 These financial statements have been prepared in accordance with the provisions applicable to companies subject to the smaller companies' regime. These accounts were approved by the Trustees on O.8. 2:25 and signed on their behalf by: Director and Chair of Trustees The notes form part of these financial statements Page 15
THE RELATIONSHIPS CENTRE LEICESTERSHIRE LTD (A COMPANY LIMITED BY GUARANTEE) CASH FLOW STATEMENT 31 MARCH 2025 Cash flows from operating activities Investing activities Purchase of tangible fixed assets Interest received Net cash from operating activities and increase in cash and cash equivalents Cash and cash equivalents at the begining of the year Cash and cash equivalents at the end of the year 2025 280,718 (5,182) 3,022 278,558 2024 239,953 (1,163) 238,790 1,444,005 1,205,215 1,722,563 1,444,005 The notes form part of these financial statements Page 16
THE RELATIONSHIPS CENTRE LEICESTERSHIRE LTD (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE CASH FLOW STATEMENT 31 MARCH 2025 2025 1. RECONCILIATION OF SURPLUS TO CASH GENERATED FROM OPERATIONS. Surplus for the year Depreciation charges Interest income (Increase) / decrease in debtors Increase / (decrease) in creditors Cash generated from operations 131,832 15,207 (3,022) 144,017 192,301 (55,600) 280,718 2. CASH AND CASH EQUIVALENTS The amounts disclosed on the Cash Flow Statement in respect of cash and cash equivalents are in respect of these balance sheet amounts: Year ended 31 March 2025 31.03.25 1,722,563 Cash and cash equivalents Year ended 31 March 2024 31.03.24 1,444,005 Cash and cash equivalents 3.ANALYSIS OF CHANGES IN NET FUNDS Cash at bank and in hand At 01.04.24 1,444,005 Cash flow 278,558 The notes form part of these financial statements Page 17 2024 332,977 15,317 348,294 (165,392) 57,051 239,953 01.04.24 1,444,005 01.04.23 1,205,215 At 31.03.25 1,722,563
THE RELATIONSHIPS CENTRE LEICESTERSHIRE LTD (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 1. ACCOUNTING POLICIES Basis of preparing the financial statements The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "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 (FRS 102)". The Relationships Centre Leicestershire Ltd meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise Preparation of the accounts on a going concern basis The trustees are satisfied that based on these accounts, the resources available to the charity, the financial results of the charity, and the budgets and forecasts for the 2025/2026 year, that the charity can continue to meet its liabilities as they fall due and that in consequence the going concern basis continues to remain appropriate. Income Income is recognised when the charity has entitlement to the funds, any conditions attached to the item(s) of income have been met, it is probable that the income will be received, and the amount can be measured reliably Income from grants is recognised when the charity has met the performance criteria specified at the time of grant and is recorded on a period-by-period basis when such criteria is achieved Incoming resources are treated as unrestricted unless the use of such income has conditions attached which determine when, how and on what such funds may be expended. In those cases where the incoming resource is deemed or determined to be restricted, then it is only recognised as income when any attaching performance criteria is achieved. Fund Accounting Unrestricted general funds are those funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes. esignated funds comprise unrestricted funds that have been set aside by the trustees for particula rooses. The aim and use of each desianated fund is set out in the notes to the financial statement Page 18
THE RELATIONSHIPS CENTRE LEICESTERSHIRE LTD (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025 1. ACCOUNTING POLICIES - continued Expenditure and irrecoverable VAT Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required, and the amount of the obligation can be measured reliably. Where such expenditure relates to a restricted income fund, then it is recognised in the same period as the income to which it applies. Apart from governance costs, all expenditure is classified as expenditure on charitable activities. All expenditure includes the irrecoverable VAT as a cost where it has been charged. Allocation of central office costs Central office costs are those functions that support the charitable activities of the charity and include finance, personnel, management, training and other administrative activities. The trustees do not consider that an arbitrary allocation of such costs is meaningful and accordingly the analysis of expenditure by activity records such costs separately. Operating Leases Rentals payable under operating leases (a lease where title to such equipment remains with the lessor) are charged to the SOFA on a straight-line basis over the term of the lease. Tangible fixed assets Tangible fixed assets are stated at cost (or deemed cost) less accumulated depreciation and accumulated impairment losses. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Freehold property - 1% on the original cost of the property Fixtures and fittings - 10% & 20% on cost Given the nature and age of the freehold property, the trustees have concluded that it is not possible to identify the component parts of its cost and have therefore continued to apply a straight-line charge for depreciation of 1% per annum. Taxation As a registered charity, The Relationships Centre Leicestershire Ltd is exempt from any liability to taxation. Pensions The charitable company operates a defined contribution pension scheme. Contributions payable for the period are charged in the profit and loss account. Page 19
THE RELATIONSHIPS CENTRE LEICESTERSHIRE LTD (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025 1. ACCOUNTING POLICIES - continued Cash at bank and in hand cash at bank and in hand includes cash and highly liquid investments either with a short maturity o hree months or less or that can be withdrawn on a similarly short notice Page 20
THE RELATIONSHIPS CENTRE LEICESTERSHIRE LTD (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025 2. VOLUNTARY INCOME Voluntary income comprises donations received by the charity in the year. There are no costs associated with this activity. 3. INVESTMENT INCOME Investment income represents the total amounts receivable from the charity's bank deposits. Investment income is allocated to the different funds based upon the ratio of fund balances 4. INCOMING RESOURCES FROM CHARITABLE ACTIVITIES Analysis of incoming resources between funds Client and other income Young People Training & Lifeskills Unrestricted funds 149,822 1,095,329 Restricted funds 128,278 2025 Total 149,822 1,223,607 1,245,151 128,278 Analysis of incoming resources by activity Relationship counselling Family counselling PST counselling YP counselling Life skills YP early intervention 1,373,429 2025 Total 134,115 5,233 10,473 675,442 548,166 1,373,429 2024 Total 177,968 1,251,974 38 1,429,980 2024 Total 154,272 11,110 12,586 720,475 38 531,499 1,429,980 5. OTHER INCOMING RESOURCES Other incoming resources comprise income from the sales of books and other publications, room hire, donations and fund-raising activities. Page 21
THE RELATIONSHIPS CENTRE LEICESTERSHIRE LTD (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025 6. RESOURCES EXPENDED ON CHARITABLE ACTIVITIES The analysis of resources expended on charitable activities by type is as follows: Staff costs National Relate and Affiliation Fees Training, travel and other staff costs Property and utility costs External service providers Office costs Literature, PR and marketing Accounting services - external provider Sundries 2025 2024 807,750 22,801 58,179 64,171 172,582 82,004 12,485 16,560 4,994 1,241,526 757,229 27,650 20,412 53,506 127,592 64,731 18,253 16,560 6,164 1,092,097 The Trustees still consider that the allocation of resources by expenditure type provides a more meaningful analysis of resources expended on charitable activities. However, the table below provides an indicative analysis of resources expended by activity including the trustees allocation of central office costs. This allocation forms the basis of the amounts as disclosed on the SOFA. 2025 2025 DIRECT CENTRAL COSTS ALLOCATE Analysis of resources expended by activity Adult counselling YP counselling YP projects Education and learning Central office costs 91,682 116,389 765,271 75 268,109 1,241,526 25,252 32,057 210,7797 21 (268,109) 7. GOVERNANCE COSTS Audit fee Examiners fee 2025 Total 116,934 148,446 976,050 , 8 1,241,526 1.900 8,340 2024 Total 120,058 169,417 802,264 1,092.097 6,900 1,440 8,340 The charity incurs no other direct costs in connection with its governance. 8. NET INCOMING / (OUTGOING) RESOURCES FOR THE FINANCIAL YEAR Net incoming / (outgoing resources) resources is stated after charging: Depreciation - owned assets Audit fee Operating lease expenses 15,207 6,900 2,056 15307 1,424 The directors received no emoluments or other benefits (2024 - Enil) "he Trustees of the charity neither received nor waived any emoluments during the year (2024 - Enil Jo expenses were paid to Trustees during the year (2024 - Enil Page 22
THE RELATIONSHIPS CENTRE LEICESTERSHIRE LTD (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025 9. STAFF COSTS Wages and salaries Social security costs Pension costs 2024 750,028 44,772 12,950 807,750 The average headcount during the year was 51(2024 - 44). The average number of staff based upon full-time equivalent posts is 30 (2024 - 28). The employment costs of key management personnel are 56,726 No employee received remuneration at the rate of £60,000 per annum or above. Wages and salaries includes £25,143 (2024 - £64,769) in respect of invoiced costs from third parties. 10. TAXATION There is no liability to UK corporation tax on the result of the year. 11. TANGIBLE FIXED ASSETS 2024 707,337 38,536 11,356 757,229 58,735 Cost At 1 April 2024 Additions At 31 March 2025 Depreciation At 1 April 2024 Charge for the year At 31 March 2025 NET BOOK VALUE At 31 March 2025 At 31 March 2024 Freehold property 148,899 - 148,899 74,450 1,489 75,939 Fixtures & fittings 107,350 5,182 112,532 65,207 13,718 78,925 Total 256,249 5,182 261,431 139,657 15,207 154,864 72,960 74,449 33,607 42,143 106,567 116,592 Page 23
THE RELATIONSHIPS CENTRE LEICESTERSHIRE LTD (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025 12. DEBTORS : AMOUNTS FALLING DUE WITHIN ONE YEAR Trade debtors Prepayments and accrued income 2025 14,700 26,306 13. CASH AT BANK AND IN HAND Cash and current accounts CCLA short duration fund 1,422,562 300,001 1,722,563 14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade creditors Social security and other taxes Accrued expenses and deferred income 10,479 11,236 16,388 38,103 15. ANALYSIS OF NET ASSETS BETWEEN FUNDS Designated fund : Restricted fund Tangible fixed assets Current assets Current liabilities At 31 March 2025 General Fund 106,567 1,748,869 (38,103) 1,817,333 Page 24 2024 127,921 90,686 218,607 1,444,005 - 1,444,005 28,509 16,578 48,616 93,703 Total 106,567 1,748,869 (38,103) 1,817,333
THE RELATIONSHIPS CENTRE LEICESTERSHIRE LTD (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025 16. NATIONAL RELATE Relate Leicestershire Ltd was part of a federation with other such charities which share similar aims and objectives but is not otherwise connected to those charities. During the year the charity paid £22,801 (2024: £27,650) to the National Relate Federation. 17. COMMITMENTS he Relationships Centre Leicestershire Ltd has future minimum lease payments under non-cancellabl perating leases of £2,056 (2024 - £2,056) due within one year and £3,719 (2024: £5,775) due betwee two and five years. 18. COMPANY STATUS The charity is a company limited by guarantee. The members of the company are the Directors and Trustees named on page 1. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity. 19. VOLUNTEER SERVICES No amount is recognised in the financial statements in respect of the time donated to the charity by volunteers. Page 25
THE RELATIONSHIPS CENTRE LEICESTERSHIRE LTD (A COMPANY LIMITED BY GUARANTEE) NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025 20 FUNDS UNRESTRICTED FUNDS Balance at 1 April 2024 DESIGNATED FUNDS Resilience against risk Aylestone Road maintenance Movement in funds Expensed Transfers 450,000 500,000 (500,000) Balance at 31 March 2025 450,000 500,000 1,317,333 1,817,333 General funds Total Unrestricted Funds RESTRICTED FUNDS 1,685,501 1,251,980 (1,120,148) 1,685,501 1,251,980 (1,120,148) Movement in funds Balance at 1 April 2024 Rooming Exported Transfers € 128,278 (128,278) 128,278 (128,278) Balance at 31 March 2025 - - NHS England - CWPS Total restricted Funds DESIGNATED FUNDS Resilience against risk A designated fund to set aside a minimum amount of reserves in accordance with internal policy. The fund is equivalent to approximately four months of budgeted expenditure. Aylestone Road maintenance A designated fund to set aside monies for repairs and other maintenance works required at the charity premises. RESTRICTED FUNDS NHS England - CWPS Funding provided by NHS England directly for the clinical and support costs of Community Wellbeing Practitioners (CWPS). Page 26