Charity registration number 111111 S (England and Wales) Company registration number 05416061 INTERNATIONAL COLLEGE OF OBSESSIVE COMPULSIVE SPECTRUM DISORDERS ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
INTERNATIONAL COLLEGE OF OBSESSIVE COMPULSIVE SPECTRUM DISORDERS LEGALAND ADMINISTRATIVE INFORMATION Trustees Professor Eric Hollander Professor Susanne Walitza Professor Umberto Albert Dr Julius Burkauskas Professor Ilenia Pampaloni Professor Humberto Nicolini Professor Dan Stein Professor Vlasios Brakoulias (Appointed 25 September 20241 (Appointed 25 September 20241 (Appointed 25 September 20241 Professor Leonardo Fontenelle Dr Luca Pellegrini Secretary Professor Naomi Fineberg Chartty number (England and Wales) 1111115 Company number 05416061 Registered office Suite 5 315 Regents Park Road London N3 1DP Independent examiner SSMB Accountsnt5 Limited Suite 5 315 Regents Park Road London N3 1DP
INTERNATIONAL COLLEGE OF OBSESSIVE COMPULSIVE SPECTRUM DISORDERS CONTENTS Page Trustee's report Independent examinels report Statement of financial activities Balance sheet Notes to the financial statements 8- 13
INTERNATIONAL COLLEGE OF OBSESSIVE COMPULSIVE SPECTRUM DISORDERS TRUSTEE'S REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2025 The Iruslee5 who are also directors present their annual report and financial statements for the year ended 31 March 2025. The financial statements have been prepared in accordance with Ihe accounting policies set out in note 1 to the financial statements and comply 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 "A£counting and Reporting by Charities". Stalemenl of Recornmended Practice appSicable to charities preparing their accounts In accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. Objectives and activities The charity's principal activity is to relieve and rehabilitate those suffering from Obsessive Compulsive Disorder (OCD) and OCD Spectrum Disorder IOCDSOI and to advance the education of the public. In particular. bul not exclusively by increasing awarenes5 of OCD and OCDSD in order to improve diagnosis and treatment of the di50rder. The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake. Achievements and performance Significant activities and achievements against objectives The charity has organised a number of well atténded events during thè year which which further it5 primary objective of educating the public and increasing awareness in order to improve the diagnosis and treatment of OCD and OCDSD. ICOCS-OCRN 2024 NEW YORK MEETING This event showcased advances in OCD and OCSD treatments. presented by leading experts. It supported ICOCS'S goal of disseminating cutting-edge research and best practices lo improve individual health outcomes. By fostering discussion among professionals, il contributed lo the ICOCS'S aims of facililaling collaboration and increasing public health awareness. The meeting was attended by 81 virtual and around 30 in person attendees. ECNP-OCRN-ICOCS TRAINING MASTERCLASS This irstensive 5-day Training Masterclas5 provided earty career professionals with in-depth knowledge on QCDI OCSDS. covering neurobiology, diagnosis, interventions, and more. It supported the ICOCS'S objectives of fostenng education and professional development, while promoling international knowledge exchange and clinical collaboration. 228 Individuals participated in the meeting Iln-person attendance, 39122 attendees + 11 international fa¢ulty + 6 Ioc81 faculty). Webinar attendance.. 1891169 participants + 20 faculty) ECNP-OCRN-ICOCS 20TH ANNUAL SCIENTIFIC MEETING This hybrid meeting explored novel topics such as immunological mechanisms and treatment resistance in OCD. It embodied the ICOCS'S commilmenl lo innovative research, international collaboration, and global dissemination of scientific findings lo enhance clinical practice. The meeting had 54 registered attendees, including 39 attending in person. ICOCS MEETING AT THE ACNP This hybrid session focused on early OCD risk identification and collaborative funding efforts. It aligned with the ICOCS'S objectives lo influence policy. support research innovation, and promote dialogue with stakeholders on global service provision and resource allocation for OCD. The meeling was welkreceived by the 15 in person attendees and featured a hybrid format with engaging discussions on potential neOrk projects and grant funding.
INTERNATIONAL COLLEGE OF OBSESSIVE COMPULSIVE SPECTRUM DISORDERS TRUSTEE'S REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 MEMBERSHIP The charity receives subscription income from both individual and corporate members. The success of the events run in the year to 31 March 2025 has led to an increase In the awareness of the charity which has resulted In an upsurge in members who benefit from the events run by the charily and contribule lo the charity's primary objectives. In the year lo 31 March 2025 the charity had 53 Individual members which is an increase of 22 from the 31 members of the charity in the previous year. The charity also has two corporate members and secured a long temi (three yearl membership agreement for new corporate member in the year. Financial review Reserves policy It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent lo beleen one and two year's expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able lo continue the chanty's current activities while consideration is given to ways in which additional fijnds may be raised. This level of reserves has been maintained throughout the year. The trustees are aware that the charity's reserves are currently in excess of the level of funds required under the reserve policy. As a result, they are currently undergoing a review of upcoming charitable activities in order to make use of this excess in line with its charitable obieclives. Structure. governancè and management The charity is a company limited by guarantee. In addition to an Annual General Meeting. the board meets regularly throughout the year in order to discuss charity's slalus. In the year ended 31 March 2025 the board met seven times and minutes were taken at all meetings. The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were.. Professor Eric Hollander Professor Susanne Walitza Professor Umberto Albert Dr Julius Burkauskas Professor S Chambertain Dr D Mpavaenda Professor Ilenia Pampaloni DrA Sampaio Professor Humberto Nicolini Professor Dan Stein Professor Vlasios Brakoulias Professor Leonardo Fonlenelle Dr Luca Pelleqrini (Resigned 25 September 20241 (Resigned 25 September 2024) (Resigned 25 September 2024) IAppoinled 25 September 20241 (Appointed 25 September 20241 IADDninlp.d ?£ qp.r)tp.mFJp.r ?n?d) Recruilmenl and appointmen( of trustees The board receives nominations for new Trustees from the members. The nomination5 are taken to the Annual General Meeting where they are elected by a majority vote of the members of the charity. None of the trustees has any beneficial interest in the company. All of the trustees are members of the company and guarantee lo contribute £1 In the event of a winding up.
INTERNATIONAL COLLEGE OF OBSESSIVE COMPULSIVE SPECTRUM DISORDERS TRUSTEE'S REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 The trustee's report was approved by the Board of Trustees. sor Eric Trustee nder Date..
INTERNATIONAL COLLEGE OF OBSESSIVE COMPULSIVE SPECTRUM DISORDERS STATEMENT OF TRUSTEE'S RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2025 The trustees, who are also the directors of International College of Obsessive Compulsive Spectrum Dlsofders for the purpose of company law, are responsible for preparing the Trustee's Report and the financial slalemenls in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) Company law requires the trustees lo prepare financial statements for e3ch financial year which give a true and fair view of the stale of affairs of the charily and of the incoming resources and application of resource5, Including the income and expenditure, of the charitable company for that year. In preparing these financial slatemenls, the trustees are required to.. select suitable accounting policies and then apply them consistently., observe the methods and principles in the Charities SORP., make judgements and estimates that are reasonable and prudent", and prepare the financial ststements on the going concern basis unless il is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any lime the financial position of the charity and enable them lo ensure that Ihe financial statemen Is comply with Ihe Companies Act 2006. 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.
INTERNATIONAL COLLEGE OF OBSESSIVE COMPULSIVE SPECTRUM DISORDERS INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF INTERNATIONAL COLLEGE OF OBSESSIVE COMPULSIVE SPECTRUM DISORDERS report lo the Iruslees on my exarninalion of the financial statements of International College of Obsessive Compulsive Spectrum Disorders Ilhe charity) for the year ended 31 March 2025. Responsibilities and basis of report As the trustees of the charity land also its directors for the purposes of company lawl, you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006. Having satisfied myself Ihal the financial statements of the chanty are not required to be audited under Part 16 of the Companies AGI 2006 and are eligible for independent examination. I report in respect of my examination of the charity's financial statements carried out under section 145 of the Charities Act 2011 . In carrying out my examination I have followed the Directions given by the Charity Commission under section 14515llb} of the Charities Act 2011 . Independent examiner's statement I have completed my examination. I confirm that no matters have come lo my attention in connection with the examination giving me cause lo believe that in any mal&rial respect.. accounting records were not kept in respect of the charity as required by section 386 of the Companies Act 2006. the financial statements do not accord with those records.. or the financial statements do not comply with the accounting requirements of section 396 of the Companies Act 2006 other than any requirement that the financial statements give a true and fair view. which is ncrt a matter considered as part of an independent examination.. or the financial statements have not been prepared in accordance wilh the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. I have no conc should be d e come across no other mallers in connection with the examination lo which attention order lo enable a proper understanding of the financial statements lo be reached. n in this repo Simon FCA, FCCA Suite 5 315 Regents Park Road London N3 1DP Dale..
INTERNATIONAL COLLEGE OF OBSESSIVE COMPULSIVE SPECTRUM DISORDERS STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrestricted funds 2025 Unrestricted funds 2024 Notes Income from: Donations and legacies Charitable activities 14,550 48,988 8,692 Total income 63,538 8,692 Expenditure on: Charitable activities 34,605 7,223 Total expenditure 34,605 7.223 Net inGome and movement in funds 28,933 1,469 Reconciliation of funds: Fund balances at 1 April 2024 91,629 90,160 Fund balances at 31 March 2025 120,562 91,629 The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
INTERNATIONAL COLLEGE OF OBSESSIVE COMPULSIVE SPECTRUM DISORDERS BALANCE SHEET ASAT31 MARCH 2025 2025 2024 Notes Current assets Debtors Cash at bank and in hand 10 2,851 91,417 130.644 130,644 94.268 Creditors.. amounts falling due within one year 11 110.0821 (2,6391 Net current assets 120,562 91,629 The fund5 of the charity Unrestricted funds 13 120,562 91,629 120,562 91,629 The company is entitled lo the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2025. The directors acknowledge their responsibilities for complying with the requiremenls of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476. These financial statements have been prepared in accordance with the provisions applicable lo companies subject lo the small companies regime. The fin ncial statements were approved by the trustees on Professor Eric Trustee lander Company registration number 05416061 {England and Wales)
INTERNATIONAL COLLEGE OF OBSESSIVE COMPULSIVE SPECTRUM DISORDERS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies Charity information International College of Obsessive Compulsive Spectrum Disorder is a private company limited by guarantee incorporated in England and Wales The registered office is Suite 5. 315 Regents Park Road, London, N3 1DP. 1.1 Accounling conventlon 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 1021. The charity is a Public 8enefil Enlily as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities not to prepare a statent of cash flows. The financial slalements are prepared in sterling. which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost ¢onvention. The pnncipal accounting policies adopted are sel out below. 1.2 Golng concern At the lime of approving the financial statements, the trustees have a reasonable expectation that the charity has aéequate resources to continue in operational existence for the foreseeable future. Thus the IrLL8tees continue lo adopt the going concern basis of accounting in preparing the financial slalements. 1.3 Charltable funds Unreslricled fund5 are available for use at the discretion of the trustees in furtherance of their chantable obiectives. R8slricted funds are subject lo specific conditions by donors or grantors as to how they may be used, The purposes and uses of the restricted funds are set out in the notes lo the financial statements. Endowment funds are subject to specifiG conditions by donors that the capital musl be maintained by the charity. 1.4 Income Income is recognised when the charity is legally enlilled lo il after any performance conditions have been met, the amounts can be measured reliably, and il is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performan conditions require deferral of the amount. Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
INTERNATIONAL COLLEGE OF OBSESSIVE COMPULSIVE SPECTRUM DISORDERS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies (Continued) 1.5 Expenditure Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit lo a third party, it is probable that a transfer of economic benefits will be required In settlement, and Ihe amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of dir costs and shared costs, including support costs involved in Ltndertaking each aclivily. Direct costs attributable lo a single activity are allocated directly lo that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of lime spent, and depreciation charges are allocated on the portion of the asset's use. 1.6 Cash and cash equivalents Cash and cash equivalents Include cash in hand. 1.7 Financial instruments The charity has elected to apply the provisions of Section 11 'Basic Financial Inslrumen15' of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset. with the nel amounts presented in the financial statements. when there is a legally enforceable right to sel off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Basic financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are SLJbsequenlly carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured al the present value of the future receipts discotjnted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. 8asic financial liabilities Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rale method. Derecognition of financial liabilities Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or canGelle¢J. 1.8 Foreign exchange Transaction5 in currencies other than pounds sterling are recorded at the rates of exchange prevailing al the dales of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.
INTERNATIONAL COLLEGE OF OBSESSIVE COMPULSIVE SPECTRUM DISORDERS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Income from donations and legacies Unrestricted funds 2025 Unrestricted funds 2024 Corporate grants - lo support workshops Mernbers. subscriptions Other 4,176 2,380 2.136 2.995 11,555 14,550 8,692 InGome from charltable activltles Unrestr5cted funds 2025 Unrestrl¢ted funds 2024 Conferences and training Corporate Sponsorship Conference income Speaking income 43.341 4.805 842 48,988 10
INTERNATIONAL COLLEGE OF OBSESSIVE COMPULSIVE SPECTRUM DISORDERS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Expenditure on charitable activities Conference Conference and training and training costs costs 2025 2024 Direct costs Conference and trair¢ing costs Study and membership administration Herman Westenberg prize award Conference website costs 23,548 2,938 133 952 24,500 3,071 Share of support and governance costs (see note S) Governance 10,105 4,152 34.605 7,223 Analysis by fund Unrestricted funds 34,605 7.223 Support costs allocated to activities 2025 2024 Governance costs 10,105 4,152 Analysed between: Conference and training costs 10,105 4,152 2025 2024 Governance costs comprise: Accountancy Bank charges Sundry Administration costs Computer and website costs Conference and board meeting costs 2,160 444 1,677 2,109 85 3,63U 1,830 237 16 2,069 10,105 4.152
INTERNATIONAL COLLEGE OF OBSESSIVE COMPULSIVE SPECTRUM DISORDERS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Net movement in funds 2025 2024 The nel movement in funds is stated after chargingllcreditingl Fees payable for the independent examination of th8 cttarily's financial statements 720 Trustees None of the trustees lor any persons connected with them) received any remuneration or benefits from the charity during the year. Employees The average monthly number of employees during the year was.. 2025 Number 2024 Number Total There were no employees whose annual remuneration was more than £60,000. Taxation The charity is exempt from taxation on ils activities because all ils income is applied for charitable purposes. 10 Debtors 2025 2024 Amounts falling due within one year: Other debtors 2,851 11 Creditors: amounts falling due within one year 2025 2024 Notes Deferred income AcGruals 12 7,922 2.160 2.639 10,082 2,639 12
INTERNATIONAL COLLEGE OF OBSESSIVE COMPULSIVE SPECTRUM DISORDERS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 12 Deferred income 2025 2024 Other deferred income 7,922 Deferred income is included in the financial statements as follows.. 2025 2024 Deferred income is included within.. Current liabilities 7.922 Movements in the year: Deferred income at 1 April 2024 Resources deferred in the year 7,922 Deferred income at 31 March 2025 7,922 13 Unrestricted funds The unrestricted funds of the charity comprise the unexpended balances of donatsons and grants which are not subject to specif1c conditions by donors and grantors as lo how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes. At 1 April 2024 Incoming resources Resources At 31 March expended 2Q25 General funds 91,629 63,538 134,605) 120,562 Previous year: At 1 April 2023 Incoming resources Resources At 31 March expended 2024 General funds 90.160 8,692 17,223) 91,629 14 Related party transactions There were no disclosable related party transactions during the year (2024 - none). 13