Company registration number: 04756998 Charity registration number: 1107527
EMOTIONAL LOGIC CENTRE TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2025
ACCOUNTANTS 3 Stoke Damerel Business Ctr 5 Church Street Plymouth Devon PL3 4DT
Emotional Logic Centre Contents
| Page | |
|---|---|
| Reference and Administrative Details | 1 |
| Trustees’ Report | 2—3 |
| Independent Examiner's Report | 4 |
| Statement of Financial Activities (including Incomeand Expenditure Account) | 5 |
| Comparative Statement of Financial Activities (including Income and Expenditure Account) | 6 |
| Balance Sheet | 7—8 |
| Notes to the Financial Statements | 9—15 |
| The following pages do notform part ofthe statutory accounts: | |
| DetailedStatementofFinancialActivities(includingIncomeandExpenditureAccount) | 16—17 |
Emotional Logic Centre Reference and Administrative Details For The Year Ended 31 May 2025
| Trustees | Gillian Cowsill |
|---|---|
| Andrew Oliver (resigned 01/11/2025) | |
| Zoe Jagelman | |
| Robert Cowsill | |
| Laura Curtis | |
| Company Secretary | Abigail Turton |
| Charity Number | 1107527 |
| Company Number | 04756998 |
| Registered Office | South Highlands |
| Blachford Road | |
| Ivybridge | |
| Devon | |
| PL21 OAD | |
| Independent Examiner | Martin Caruana FMAAT |
| Beverston Accountants Ltd | |
| 3 Stoke Damerel Business Ctr | |
| 5 Church Street | |
| Plymouth | |
| Devon | |
| PL34DT |
Page 1
Emotional Logic Centre Company No. 04756998 Trustees’ Report For The Year Ended 31 May 2025
The trustees present their report and the financial statements for the year ended 31 May 2025.
Objectives and Activities
Aims and Objectives
The charity's objectives and activities are to provide ‘Emotional Logic’ training to help the general public to understand a healthy adjustment process to disappointments and setbacksin life, directly provided to individuals and families, and provided also by skilling a wide range of professional and support staff in sectors such as education, health and social care, housing, business leadership, supervision, and personnel management.
The objective is to run courses and support groups in a semi-structured learning environment, face to face or online, to give participants the life and conversational skills to name, prevent, recover, or let go of losses during times of change or life transition, the reactions to which may otherwise cause stress-related mental or physical illness.
Public Benefit
The trustees have had due regard to the guidance published by the Charity Commission on public benefit.
The trustees confirm that they have complied with the requirements of Section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s guidance on public benefit.
Achievements and Performance
Main Achievements
Leadership of the ELC is provided by a team of five professionally qualified people with backgrounds in schools education, medicine, finance and therapeutic provisions. Regular leadership team meetings and weekly online communication ensure we keep connected about relevant developments with projects, personnel and financial resources. Financial support is provided by Sue Williams on a monthly basis.
Since the last report 131 people have accessed the online introductory learning and 84 people have received Foundation level training. There are currently 4 coaches in training and 3 enrolled on the advanced Trainer Approval Programme.
We continue to provide ongoing support for health and social care staff. The schools work continues to expand with an increasing number of schools contacting us through word of mouth and online searches. We continue to provide free support to Ukrainian refugees and young asylum seekers - some of this work has been funded by local community grants. 1 of the Ukrainian refugees has qualified as a Coach. Our physical materials are translated into 10 languages and the online tools are accessible in 6 languages.
There are well-established centres in Germany, Switzerland, and South Africa that are thriving and providing royalties to the central ELC. Overseas work continues to expand with developments opening up in Europe, Nepal and Australia. The strategic marketing plan and messages are providing focus for social media and general development strategies. Ongoing grant applications are submitted by Lynne Kennedy to provide further funding for community projects.
The Board of Trustees is providing good support and guidance for the management and leadership with quarterly meetings with the CEO. The board has consistently comprised of five members with a wide range of complementary skills and experience to effectively support the ongoing development and work of the ELC. A sixth member of the trustee board will be recruited, ideally with a background in business and marketing. This appointment will further strengthen the Board in its management. Reserve funds are in place, so the ELC can continue to expand and strengthen the current areas of development.
Page 2
Emotional Logic Centre Trustees' Report (continued) For The Year Ended 31 May 2025
Financial Review
Financial Position
The financial results are as set out in the annexed accounts. The trustees have been able to oversee the improved financial reserve arising from a well-managed balance between traded and gifted activities. Sufficient funds remain to plan an expanded range of activities in the coming year.
Reserves Policy
Generally, it is considered prudent to maintain a level of usable reserves sufficient to cover unexpected and unplanned events so that the charity's primary objective is preserved. At the same time, the Trustees wish to ensure that it uses its funding to benefit the community.
Small Company Rules
This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
The trustees’ report was approved by the board of trustees and signed on its behalf by:
Zoe Jagelman
Trustee Date
23 Feb 2026
Page 3
Emotional Logic Centre Independent Examiner's Report to the Trustees of Emotional Logic Centre For The Year Ended 31 May 2025
| report to the charity trustees on my examination of the accounts of the Company for the year ended 31 May 2025.
Responsibilities and Basis of Report
As the charity trustees of the Company (and also its directors for the purposes of company law), you are responsible for the preparation of the accounts 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, | report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination | have followed the Directions given by the Charity Commission under section 145(5) (b) of the 2011 Act.
Independent Examiner's Statement
| have completed my examination. | 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 Company as required by section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or 3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts givea ‘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 charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
| 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.
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Page 4
Emotional Logic Centre Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 31 May 2025
| 2025 | 2024 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| Notes | £ | £ | £ | £ | |
| INCOME AND ENDOWMENTS FROM: | |||||
| Donations and legacies | 3 | 25,662 | 550 | 26,212 | 31,977 |
| Charitable activities: | |||||
| Courses, presentations and store sales | 30,112 | - | 30,112 | 32,174 | |
| Investments | 4 | 526 | - | 526 | 464 |
| 56,300 | 550 | 56,850 | 64,615 | ||
| EXPENDITURE ON: | |||||
| Raising funds | 6 | (22,390) | (2,143) | (24,533) | (19,711) |
| Charitable activities: | 6 | ||||
| Courses, presentations and store sales | (21,671) | (163) | (21,834) | (32,699) | |
| (44,061) | (2,306) | (46,367) | (52,410) | ||
| NET INCOME | 12,239 | (1,756) | 10,483 | 12,205 | |
| NET MOVEMENT IN FUNDS | 12,239 | (1,756) | 10,483 | 12,205 | |
| RECONCILIATION OF FUNDS: | |||||
| Total funds broughtforward | 39,911 | 3,570 | 43,481 | 31,276 | |
| TOTALFUNDSCARRIEDFORWARD | 15 | 52,150 | 1,814 | 53,964 | 43,481 |
The notes on pages 9 to 15 form part of these financial statements.
Page 5
Emotional Logic Centre Comparative Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 31 May 2025
| 2024 | ||||
|---|---|---|---|---|
| Unrestricted | Restricted | Total | ||
| funds | funds | funds | ||
| Notes | £ | £ | £ | |
| INCOME AND ENDOWMENTS FROM: | ||||
| Donations and legacies | 3 | 29,498 | 2,479 | 31,977 |
| Charitable activities: | ||||
| Courses, presentations and store sales | 32,174 | - | 32,174 | |
| Investments | 4 | 464 | - | 464 |
| 62,136 | 2,479 | 64,615 | ||
| EXPENDITURE ON: | ||||
| Raising funds | 6 | (19,484) | (227) | (19,711) |
| Charitable activities: | 6 | |||
| Courses, presentations and store sales | (32,699) | - | (32,699) | |
| (52,183) | (227) | (52,410) | ||
| NET INCOME | 9,953 | 2,252 | 12,205 | |
| NET MOVEMENT IN FUNDS | 9,953 | 2,252 | 12,205 | |
| RECONCILIATION OF FUNDS: | ||||
| Total funds broughtforward | 29,958 | 1,318 | 31,276 | |
| TOTALFUNDSCARRIEDFORWARD | 15 | 39,911 | 3,570 | 43,481 |
The notes on pages 9 to 15 form part of these financial statements.
Page 6
Emotional Logic Centre Balance Sheet As At 31 May 2025
| 2025 | 2024 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | funds | funds | funds | ||
| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Intangible Assets | 10 | - | - | - | 2,268 |
| - | - | - | 2,268 | ||
| CURRENT ASSETS | |||||
| Debtors | 12 | 1,864 | - | 1,864 | 5,014 |
| Cash at bank and in hand | 52,230 | 1,814 | 54,044 | 54,110 | |
| 54,094 | 1,814 | 55,908 | 59,124 | ||
| Creditors: Amounts Falling Due Within OneYear | 13 | (1,944) | - | (1,944) | (17,911) |
| NETCURRENTASSETS (LIABILITIES) | 52,150 | 1,814 | 53,964 | 41,213 | |
| TOTAL ASSETS LESS CURRENT LIABILITIES | 52,150 | 1,814 | 53,964 | 43,481 | |
| NET ASSETS | 52,150 | 1,814 | 53,964 | 43,481 | |
| FUNDS OF THE CHARITY | |||||
| Restricted Funds | 1,814 | 3,570 | |||
| Unrestricted Funds | 52,150 | 39,911 | |||
| TOTALFUNDS | 15 | 53,964 | 43,481 |
Page 7
Emotional Logic Centre Balance Sheet (continued) As At 31 May 2025
For the year ending 31 May 2025 the charitable company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the charitable company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
On behalf of the board
Zoe Jagelman
Trustee Date
23 Feb 2026
The notes on pages 9 to 15 form part of these financial statements.
Page 8
Emotional Logic Centre Notes to the Financial Statements For The Year Ended 31 May 2025
1. General Information
Emotional Logic Centre is a company limited by guarantee, incorporated in England & Wales, registered number 04756998 and registered charity number 1107527. The registered office is South Highlands , Blachford Road, Ivybridge, Devon , PL21 OAD.
- Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared in accordance with the Charities SORP (FRS 102) "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) (effective 1 January 2019)", Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
The charitable company is a Public Benefit Entity as defined by FRS 102.
2.2. Fund Accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds are to be used for specific purposes as laid down by the donor.
2.3. Incoming Resources
Incoming resources - recognition of income These are included in the Statement of Financial Activities (SoFA) when: « the charity becomes entitled to the resources;
-
it is more likely than not that the trustees will receive the resources;
-
the monetary value can be measured with sufficient reliability.
Offsetting
There has been no offsetting of assets and liabilities or income and expenses unless required or permitted by the FRS 102 SORP or FRS 102.
Tax reclaims on donations and gifts
Gift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid amount recovered on a donation is considered to be part of that gift and is treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have been specified otherwise.
- 2.4. Donated Goods and Services
The charity operates from premises owned by Dr Griffiths and makes no payment for these facilities. In accordance with the SORP requirements, the trustees have presented the cost as an income and an expense, estimated at the rate of £165 per week. Donated services and facilities are shown as incoming resources.
2.5. Resources Expended
Expenditure is accounted for on an accrual basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with the use of resources.
2.6. Intangible Fixed Assets and Amortisation - Other Intangible
Other intangible assets include the Charity's website. It is amortised to income and expenditure account over its estimated economic life of five years.
Page 9
Emotional Logic Centre Notes to the Financial Statements (continued) For The Year Ended 31 May 2025
2.7. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
2.8. Investments
Income from interest This is included in the accounts when receipt is probable, and the amount receivable can be measured reliably.
2.9. Cash and Cash Equivalents
Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.
2.10. Taxation
The charity is exempt from tax as all its income is charitable and applied for charitable purposes.
- Income from Donations and Legacies
| 3. Income from Donations and Legacies |
|||
|---|---|---|---|
| 2025 | |||
| Unrestricted | Restricted | Total | |
| funds | funds | funds | |
| £ | £ | £ | |
| Donations and gifts | 375 | 300 | 675 |
| Gift aid | 150 | - | 150 |
| Grants | 16,557 | 250 | 16,807 |
| Donated goods, facilities and services | 8,580 | - | 8,580 |
| 25,662 | 550 | 26,212 | |
| 2024 | |||
| Unrestricted | Restricted | Total | |
| funds | funds | funds | |
| £ | £ | £ | |
| Donations and gifts | 13,695 | 1,279 | 14,974 |
| Gift aid | 1,920 | 10 | 1,930 |
| Grants | 5,303 | 1,190 | 6,493 |
| Donated goods, facilities and services | 8,580 | - | 8,580 |
| 29,498 | 2,479 | 31,977 |
- Investment Income
Page 10
Emotional Logic Centre Notes to the Financial Statements (continued) For The Year Ended 31 May 2025
| 2025 | 2024 | ||
|---|---|---|---|
| Unrestricted | Unrestricted | ||
| funds | funds | ||
| £ | £ | ||
| Bank interest receivable | 526 | 464 | |
| 5. | Net Income/(Expenditure) | ||
| The | netincomeisstatedaftercharging/(crediting): |
| Amortisation | of intangible fixed assets |
|---|---|
| 6. Analysis |
ofExpenditure |
| 2025 | 2024 |
|---|---|
| £ | £ |
| 2,268 | 2,268 |
| 6. Analysis of Expenditure |
||||
|---|---|---|---|---|
| 2025 | ||||
| Activities undertaken directly |
Support costs (see note7 |
) | Total | |
| £ | £ | £ | ||
| Raising funds | 24,533 | - | 24,533 | |
| Courses, presentations and store sales | - | 21,834 | 21,834 | |
| 24,533 | 21,834 | 46,367 | ||
| 2024 | ||||
| Activities undertaken directly |
Support costs (see note7 |
) | Total | |
| £ | £ | £ | ||
| Raising funds | 19,711 | - | 19,711 | |
| Courses, presentations and store sales | - | 32,699 | 32,699 | |
| 19,711 | 32,699 | 52,410 |
Page 11
Emotional Logic Centre Notes to the Financial Statements (continued) For The Year Ended 31 May 2025
| 7. Support Costs |
||
|---|---|---|
| 2025 | ||
| Courses, | ||
| presentations | ||
| and store | ||
| sales | ||
| £ | ||
| Employee costs | 9,182 | |
| General administration | 10,384 | |
| Depreciation | 2,268 | |
| 21,834 | ||
| 2024 | ||
| Courses, | ||
| presentations | ||
| and store | ||
| sales | ||
| £ | ||
| Employee costs | 18,170 | |
| General administration | 12,261 | |
| Depreciation | 2,268 | |
| 32,699 | ||
| 8. Staff Costs |
||
| Staff costs were as follows: | ||
| 2025 | 2024 | |
| £ | £ | |
| Wages and salaries | 9,182 | 18,170 |
| No employees received employee benefits (excluding employer pension costs) forthe reporting | period ofmore | |
| than£60,000. |
- Average Number of Employees
Average number of employees during the year was: 1 (2024: 2)
Page 12
Emotional Logic Centre Notes to the Financial Statements (continued) For The Year Ended 31 May 2025
10. Intangible Assets
| 10. | Intangible Assets | ||
|---|---|---|---|
| Website | |||
| £ | |||
| Cost | |||
| As at 1 June 2024 | 11,340 | ||
| As at 31 May 2025 | 11,340 | ||
| Amortisation | |||
| As at | 1 June 2024 | 9,072 | |
| Provided during the period | 2,268 | ||
| As at | 31 May 2025 | 11,340 | |
| Net Book Value | |||
| As at | 31 May 2025 | - | |
| As at | 1 June 2024 | 2,268 | |
| 11. Tangible Assets |
|||
| Computer | |||
| Equipment | |||
| £ | |||
| Cost | |||
| As at | 1 June 2024 | 5,037 | |
| As at | 31 May 2025 | 5,037 | |
| Depreciation | |||
| As at | 1 June 2024 | 5,037 | |
| As at | 31 May 2025 | 5,037 | |
| Net Book Value | |||
| As at | 31 May 2025 | . | |
| As at | 1 June 2024 | - | |
| 12. | Debtors | ||
| 2025 | 2024 | ||
| c | £ | ||
| Due within one year | |||
| Trade debtors | 1,714 | 3,074 | |
| Other debtors | 150 | 1,940 | |
| 1,864 | 5,014 |
Page 13
Emotional Logic Centre Notes to the Financial Statements (continued) For The Year Ended 31 May 2025
13. Creditors: Amounts Falling Due Within One Year
| 13. Creditors: Amounts Falling Due Within One Year |
||||
|---|---|---|---|---|
| 2025 | 2024 | |||
| £ | £ | |||
| Trade creditors | 379 | 1,375 | ||
| Other creditors | 17 | 17 | ||
| Accruals and deferred income | 1,548 | 16,519 | ||
| 1,944 | 17,911 | |||
| 14. Deferred Income |
||||
| Deferred income movements in the yearwere as follows: | ||||
| 2025 | 2024 | |||
| £ | £ | |||
| Balance at the start ofthe period | 15,019 | - | ||
| Income deferred in the current period | - | 20,262 | ||
| Amounts released in income from previous periods | (15,019) | (5,243) | ||
| Balance atthe end ofthe period | - | 15,019 | ||
| 15. Movement in Funds |
||||
| As at 1 | As at 31 | |||
| June 2024 | Income | Expenditure | May 2025 | |
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General: | ||||
| General unrestricted fund | 39,911 | 56,300 | (44,061) | 52,150 |
| Restricted funds | ||||
| Restricted Fund | 3,570 | 550 | (2,306) | 1,814 |
| Total funds | 43,481 | 56,850 | (46,367) | 53,964 |
| As at 1 | As at 31 | |||
| June 2023 | Income | Expenditure | May 2024 | |
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General: | ||||
| General unrestricted fund | 29,958 | 62,136 | (52,183) | 39,911 |
| Restricted funds | ||||
| Restricted Fund | 1,318 | 2,479 | (227) | 3,570 |
| Totalfunds | 31,276 | 64,615 | (52,410) | 43,481 |
Deferred income movements in the year were as follows:
Page 14
Emotional Logic Centre Notes to the Financial Statements (continued) For The Year Ended 31 May 2025
16. Transactions with Trustees
None of the trustees received any remuneration or any other benefits from an employment with the charity or a related entity during the current or previous year.
No trustee expenses have been incurred.
17. Related Party Disclosures
There have been no related party transactions in the reporting period that require disclosure.
18. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
Page 15
Emotional Logic Centre Detailed Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 31 May 2025
| 2025 | 2024 | |
|---|---|---|
| Total | Total | |
| funds | funds | |
| £ | £ | |
| INCOME AND ENDOWMENTS FROM: | ||
| Donations and legacies | ||
| Donations and gifts | 675 | 14,974 |
| Gift aid | 150 | 1,930 |
| Grants | 16,807 | 6,493 |
| Donated facilities | 8,580 | 8,580 |
| 26,212 | 31,977 | |
| Charitable Activities: | ||
| Courses, presentations and store sales | ||
| Income from charitable activities | 30,112 | 32,174 |
| 30,112 | 32,174 | |
| Investments | ||
| Bank interest receivable | 526 | 464 |
| 526 | 464 | |
| 56,850 | 64,615 | |
| EXPENDITURE ON: | ||
| Raising funds | ||
| Rent collection, property repairs and maintenance charges | (8,580) | (8,580) |
| Tutoring services | (14,572) | (8,651) |
| Travel and subsistence expenses | (84) | (200) |
| Insurance | (1,297) | (1,305) |
| Other direct costs | - | (975) |
| (24,533) | (19,711) | |
| Charitable Activities: | ||
| Courses, presentations and store sales | ||
| Wages and salaries | (9,182) | (18,170) |
| Computer software, consumables and maintenance | (2,658) | (1,715) |
| Repairs, renewals and maintenance | (1,110) | (1,265) |
| Printing, postage and stationery | (1,065) | (3,947) |
| Advertising and marketing costs | (196) | - |
| Telecommunications | - | (321) |
| Website costs | (120) | (308) |
| Accountancyfees | (1,662) | (1,538) |
| Subscriptions and memberships | (1,870) | (2,935) |
| Bookkeeping fees | (1,229) | (184) |
| ...CONTINUED |
Page 16
Emotional Logic Centre
Detailed Statement of Financial Activities (including Income and Expenditure Account) (continued) For The Year Ended 31 May 2025
| Bank charges | (474) | (46) |
|---|---|---|
| Sundry expenses | - | (2) |
| Amortisation | (2,268) | (2,268) |
| (21,834) | (32,699) | |
| (46,367) | (52,410) | |
| NETINCOME | 10,483 | 12,205 |
Page 17