OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-08-31-accounts

Company no. 04794982 Charity no. 1107684

The Research Society for Process Oriented Psychology (UK) Limited Report and Unaudited Financial Statements 31 August 2022

The Research Society for Process Oriented Psychology (UK) Limited

Reference and administrative details

**For the year ended 31 ** August 2022
Company number 04794982
Charity number 1107684
Registered office and 27 Old Gloucester Street
operational address London
WC1N 3AX
Trustees Trustees, who are also directors under company law, who served during
the year and up to the date of this report were as follows:
M Fitter (appointed 1 September 2022)
M Gent
O Hughes (resigned 13 March 2023)
A Spencer
Company secretary S Karia
Bankers The Co-Operative Bank Plc
P.O Box 250
Skelmersdale
WN8 6WT
Independent Godfrey Wilson Limited
examiners Chartered accountants and statutory auditors
5th Floor Mariner House
62 Prince Street
Bristol
BS1 4QD

1

The Research Society for Process Oriented Psychology (UK) Limited

Report of the trustees

For the year ended 31 August 2022

The trustees present their report along with the financial statements of the charity for the year ended 31 August 2022.

Reference and administrative information set out on page 1 forms part of this report. The financial statements comply with current statutory requirements, the Memorandum and Articles of Association and the Statement of Recommended Practice - Accounting and Reporting by Charities (effective from January 2019).

Structure, governance and management

The organisation is a charitable company limited by guarantee, incorporated on 11 June 2003 and registered as a charity on 18 January 2005. The company was established under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Articles of Association. In the event of the company being wound up members are required to contribute an amount not exceeding £10.

The organisation is managed by the RSPOPUK Committee (subsequently referred to as the management committee), which is made up of its trustees, non-trustee role holders and other committee members.

The directors of the company are also charity trustees for the purposes of charity law. Under the requirements of the Memorandum and Articles of Association trustees are elected to serve for a period of three years after which they must be re-elected at the next Annual General Meeting.

Financial review

The results for the year show an unrestricted surplus of £2,184. The overall deficit was £2,488, relating to a transfer of funds from the Worldwork Fund to a partner organisation, which resulted in a restricted deficit of £4,672.

Principal funding sources

The principal funding sources for the charity are currently by way of training income from seminars and courses carried on in furtherance of the charity’s objectives.

Reserves policy

The trustees have examined the charity’s requirements for reserves in light of the main risks to the organisation. It has established a general policy whereby the unrestricted funds not committed or invested in tangible fixed assets held by the charity should be between 3 and 6 months of the expenditure, based on 2022 expenditure this would be between £57,034 and £114,068. The charity's unrestricted general reserves at year end were £84,957, within the policy targets.

The trustees have also agreed that these parameters may be varied based on an annual risk management exercise carried out as part of the annual review of the Business Plan.

The school is growing, there is increasing demand for the education it offers. It has invested in curriculum development and teaching capacity to enable this expansion and, in line with its diversity values, has set up a bursary system to increase the diversity of access to the training.

The strategy is to continue to build reserves slowly through planned operating surpluses. In the short term, the trustees have considered the extent to which existing activities and expenditure could be curtailed, should circumstances make it necessary.

2

The Research Society for Process Oriented Psychology (UK) Limited

Report of the trustees

For the year ended 31 August 2022

Objectives and activities

The charity's objects and principal activities are to:

Achievements and performance

Leadership

This is a period where there has a been a gradual transition in the management of the school from the steering group model to a new school structure based on a holocratic / sociocratic system. The implementation of the new school structure started in January 2022, and largely replaced the steering group model from May 2022.

Our co-directors stepped back from their leadership roles during the year but have remained highly supportive figures in the background. We are grateful to them both for their many years of dedication and commitment and their inspiring work for the school.

The school manager, who was recruited in the previous financial year, has been involved with the steering group, faculty and finance team in implementing key changes in the running of the school. A business development review was undertaken by the school manager and the treasurer during the year.

Report on activities curriculum and programme

The programme for the academic year (2021-22) was implemented with shared learning opportunities for all students as well as focused learning for students in phase 1 and phase 2 and students following the Worldwork or the psychotherapy diploma tracks.

Throughout the curriculum, we are continuing to build awareness of the long-standing and pervasive nature of structural racism and structural discrimination in order to develop skills that are needed to facilitate within the communities where we live and work. This year we have offered classes on gender identities and discrimination as well as continued focus on racism. In the next year we will continue this by offering classes on disability awareness and class discrimination.

Student portal

The school portal has been redeveloped and expanded to support students to now track their study progress with their study committees and to ease our administrative procedures. The portal is accessible to all students and faculty members and contains all the vital school documents.

One year course and new diploma cohort

We ran a successful one year training (Moving into Wholeness) with 16 students during the year. From this, 6 students applied to and were accepted onto the diploma training.

External moderator and external examiner

We are happy that Bogna Szymkiewicz (a very experienced Processwork diplomate and co-founder of the first Processwork school in Poland) agreed to be our external examiner.

We are still looking for an appropriate person to be our external moderator.

3

The Research Society for Process Oriented Psychology (UK) Limited

Report of the trustees

For the year ended 31 August 2022

Exams

We had two phase 1 exam sittings during the year, with 10 students progressing to phase 2 of their studies over this period.

We held the phase 2 exams in person in May 2022, which went very well and saw 2 students graduate from the diploma.

Statement of responsibilities of the trustees

The trustees (who are also directors of the charity for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charity and of the income and expenditure of the charity for that period. In preparing those financial statements the trustees are required to:

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and which enable them to ensure that the financial statements comply with the Companies Act 2006. The trustees 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.

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Members of the charity guarantee to contribute an amount not exceeding £10 to the assets of the charity in the event of winding up. The trustees are members of the charity but this entitles them only to voting rights. The trustees have no beneficial interest in the charity.

Independent examiners

Godfrey Wilson Limited were appointed as independent examiners to the charitable company during the year and have expressed their willingness to continue in that capacity.

Approved by the trustees on 16 May 2023 and signed on their behalf by

Mike Fitter - Trustee

4

Independent examiner's report

To the trustees of

The Research Society for Process Oriented Psychology (UK) Limited

I report to the trustees on my examination of the accounts of The Research Society for Process Oriented Psychology (UK) Limited (the charitable company) for the year ended 31 August 2022, which are set out on pages 6 to 15.

Responsibilities and basis of report

As the trustees of the charitable 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 charitable 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 charitable company'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

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

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.

Date: 18 May 2023 Rob Wilson FCA Member of the ICAEW For and on behalf of: Godfrey Wilson Limited Chartered accountants and statutory auditors 5th Floor Mariner House 62 Prince Street Bristol BS1 4QD

5

The Research Society for Process Oriented Psychology (UK) Limited

Statement of financial activities (incorporating an income and expenditure account)

For the year ended 31 August 2022

Restricted Unrestricted
Note
£
£
Income from:
Donations
552
35
Charitable activities
3
-
225,060
Total income
552
225,095
Expenditure on:
Raising funds
-
72
Charitable activities
5,224
222,839
Total expenditure
4
5,224
222,911
5
(4,672)
2,184
Reconciliation of funds:
Total funds brought forward
15,237
82,773
Total funds carried forward
10,565
84,957
Net income / (expenditure) and net
movement in funds		 2022
Total
£
587
225,060
225,647
72
228,063
228,135
(2,488)
98,010
95,522		 2021
Total
£
626
253,955
254,581
120
231,235
231,355
23,226
74,784
98,010

All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. Movements in funds are disclosed in note 12 to the accounts.

Prior period income and expenditure have been reclassified to reflect the requirements of the Charities SORP (FRS 102) and to be comparable with the current year. The restatements are purely reclassifications of income and expenditure and do not affect net income.

6

The Research Society for Process Oriented Psychology (UK) Limited

Balance sheet

As at 31 August 2022

Note
Current assets
Debtors
8
Cash at bank and in hand
Liabilities
Creditors: amounts falling due within 1 year
9
Net current assets
Net assets
11
Funds
12
Restricted funds
Unrestricted funds
General funds
Total charity funds		 £
2,953
123,744
126,697
(31,175)		 2022
£
95,522
95,522
10,565
84,957
95,522		 2021
£
-
131,937
131,937
(33,927)
98,010
98,010
15,237
82,773
98,010

The directors are satisfied that the company is entitled to exemption from the provisions of the Companies Act 2006 (the Act) relating to the audit of the financial statements for the year by virtue of section 477(2), and that no member or members have requested an audit pursuant to section 476 of the Act.

The directors acknowledge their responsibilities for:

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

Approved by the trustees on 16 May 2023 and signed on their behalf by

Mike Fitter - Trustee

7

The Research Society for Process Oriented Psychology (UK) Limited

Notes to the financial statements

For the year ended 31 August 2022

1. Accounting policies

a) Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities in preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

The Research Society for Process Oriented Psychology (UK) Limited 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 stated in the relevant accounting policy note.

b) Going concern basis of accounting

The accounts have been prepared on the assumption that the charity is able to continue as a going concern, which the trustees consider appropriate having regard to the current level of unrestricted reserves. There are no material uncertainties about the charity's ability to continue as a going concern.

c) Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item of income have been met, it is probable that the income will be received and the amount can be measured reliably.

Income received in advance of provision of course delivery is deferred until criteria for income recognition are met.

d) Funds accounting

Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity's work or for specific projects being undertaken by the charity.

e) 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.

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

f) Allocation of support and governance costs

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Governance costs are the costs associated with the governance arrangements of the charity, including the costs of complying with constitutional and statutory requirements and any costs associated with the strategic management of the charity’s activities. These costs have been allocated between cost of raising funds and expenditure on charitable activities based on the proportion of direct cost attributable to each activity. In the current and prior years this means 100% of the support costs have been allocated to charitable

8

The Research Society for Process Oriented Psychology (UK) Limited

Notes to the financial statements

For the year ended 31 August 2022

1. Accounting policies(continued)

f) Debtors

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

g) Cash at bank and in hand

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

h) Creditors

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade

2. Prior period comparatives: statement of financial activities

Income from:
Donations
Charitable activities
Total income
Expenditure on:
Raising funds
Charitable activities
Total expenditure
Net income and net movement in funds		 Restricted
£
£
552
74
-
253,955
552
254,029
-
120
-
231,235
-
231,355
552
22,674
Unrestricted		 2021
Total
£
626
253,955
254,581
120
231,235
231,355
23,226

9

The Research Society for Process Oriented Psychology (UK) Limited

Notes to the financial statements

For the year ended 31 August 2022

3. Income from charitable activities

Income from charitable activities
Annual fees and levies
Events
Contributions to costs
Total income from charitable activities		 2022
Total
£
7,289
217,771
-
225,060		 2021
Total
£
41,216
199,503
13,236
253,955

In the current and prior periods all income from charitable activities was unrestricted.

4. Total expenditure

Events
Post holder fees
Faculty development
Office costs
Website and publicity
Insurance
Transfers to partners
UKCP membership
Other expenses
Legal and professional
Bank charges
Sub-total
Allocation of support and governance costs
Total expenditure		 Raising
funds
£
-
-
-
-
72
-
-
-
-
-
-
72
-
72		 £
£
148,952
-
59,127
-
401
-
-
3,808
-
4,736
-
494
5,297
-
1,475
-
750
54
-
2,828
-
141
216,002
12,061
12,061
(12,061)
228,063
-
Charitable
activities
Support and
governance
costs		 2022 Total
£
148,952
59,127
401
3,808
4,808
494
5,297
1,475
804
2,828
141
228,135
-
228,135

Total governance costs were £2,340 (2021: £964)

10

The Research Society for Process Oriented Psychology (UK) Limited

Notes to the financial statements

For the year ended 31 August 2022

4. Total expenditure (continued) Prior period comparative

Prior period comparative
Events
Post holder fees
Faculty development
Office rent and rates
Office costs
Website and publicity
Insurance
UKCP membership
Other expenses
Legal and professional
Bank charges
Sub-total
Allocation of support and governance costs
Total expenditure		 Raising
funds
£
-
-
-
-
-
120
-
-
-
-
-
120
-
120		 Charitable
activities
£
£
159,449
-
37,944
-
2,882
-
-
25,779
-
1,392
-
-
-
375
1,450
-
1,000
-
-
488
-
476
202,725
28,510
28,510
(28,510)
231,235
-
Support and
governance
costs		 2021
Total
£
159,449
37,944
2,882
25,779
1,392
120
375
1,450
1,000
488
476
231,355
-
231,355

5. Net movement in funds This is stated after charging:

Trustees' remuneration
Trustees' reimbursed expenses
Independent examiner's remuneration:
▪Independent examination (including VAT)		 2022
£
Nil
Nil
2,340		 2021
£
Nil
Nil
488

6. Staff costs and numbers

The charity does not employ any staff, contracting workers on a freelance basis.

The key management personnel of the charitable company comprise the trustees, none of whom are remunerated.

7. Taxation

The charity is exempt from corporation tax as all its income is charitable and is applied for charitable purposes.

11

The Research Society for Process Oriented Psychology (UK) Limited

Notes to the financial statements

For the year ended 31 August 2022

8.
Debtors
Trade debtors
9.
Creditors : amounts due within 1 year
Trade creditors
Accruals
Deferred income (see note 10)
10. Deferred income
At 1 September 2021
Deferred during the year
Released during the year
At 31 August 2022		 2022
£
2,953
2,953
2022
£
10,992
2,340
17,843
31,175
2022
£
28,155
17,843
(28,155)
17,843		 2021
£
-
-
2021
£
5,772
-
28,155
33,927
2021
£
7,267
28,155
(7,267)
28,155

Deferred income relates to fees received in advance of course delivery.

12

The Research Society for Process Oriented Psychology (UK) Limited

Notes to the financial statements

For the year ended 31 August 2022

11. Analysis of net assets between funds

Analysis of net assets between funds
Current assets
Current liabilities
Net assets at 31 August 2022
Prior period comparative
Current assets
Current liabilities
Net assets at 31 August 2021		 £
10,565
-
10,565
£
15,237
-
15,237
Restricted
funds
Restricted
funds		 £
116,132
(31,175)
84,957
£
116,700
(33,927)
82,773
General
funds
General
funds		 Total
funds
£
126,697
(31,175)
95,522
Total
funds
£
131,937
(33,927)
98,010

13

The Research Society for Process Oriented Psychology (UK) Limited

Notes to the financial statements

For the year ended 31 August 2022

12. Movements in funds

Restricted funds
Worldwork Fund
Total restricted funds
General funds
Total unrestricted funds
Total funds
Unrestricted funds
Edna Holt Memorial
Bursary Fund		 At 1
September
2021
£
5,224
10,013
15,237
82,773
82,773
98,010		 Income
£
-
552
552
225,095
225,095
225,647		 £
(5,224)
-
(5,224)
(222,911)
(222,911)
(228,135)
Expenditure		 £
£
-
-
-
10,565
-
10,565
-
84,957
-
84,957
-
95,522
Transfers
between
funds
At 31
August 2022		 £
£
-
-
-
10,565
-
10,565
-
84,957
-
84,957
-
95,522
Transfers
between
funds
At 31
August 2022
10,565
84,957
84,957
95,522

Purposes of restricted funds

Worldwork Fund A fund to finance "Worldwork" projects for the benefit of communities. The funds have been donated to a partner charity better placed currently to carry them out.

Edna Holt Memorial A fund consisting of charitable donations used to fund Processwork Bursary Fund UK bursaries.

Prior period comparative

Prior period comparative
Restricted funds
Worldwork Fund
Total restricted funds
General funds
Total unrestricted funds
Total funds
Unrestricted funds
Edna Holt Memorial
Bursary Fund		 At 1
September
2020
£
5,224
9,461
14,685
60,099
60,099
74,784		 Income
£
-
552
552
254,029
254,029
254,581		 £
-
-
-
(231,355)
(231,355)
(231,355)
Expenditure		 £
£
-
5,224
-
10,013
-
15,237
-
82,773
-
82,773
-
98,010
Transfers
between
funds
At 31 August
2021
15,237
82,773
82,773
98,010

14

The Research Society for Process Oriented Psychology (UK) Limited

Notes to the financial statements

For the year ended 31 August 2022

13. Related party transactions

There were no related party transactions in the current or prior period.

15