Registered number: 05785768 Charity number: 1118296
AFFORDABLE COUNSELLING EPPING FOREST
(A Company Limited by Guarantee)
UNAUDITED
TRUSTEES' REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
AFFORDABLE COUNSELLING EPPING FOREST
(A Company Limited by Guarantee)
CONTENTS
| Page | |
|---|---|
| Reference and Administrative Details of the Company, its Trustees and Advisers | 1 |
| Trustees' Report | 2 - 3 |
| Trustees' Responsibilities Statement | 4 |
| Accountants' Report | 5 |
| Statement of Financial Activities | 6 |
| Balance Sheet | 7 - 8 |
| Notes to the Financial Statements | 9 - 17 |
| The following pages do not form part of the statutory financial statements: | |
| Charity Detailed Income and Expenditure Account and Summaries |
AFFORDABLE COUNSELLING EPPING FOREST
(A Company Limited by Guarantee)
REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2024
| Trustees | D Allum |
|---|---|
| Dr D Barker | |
| Rev A Caw | |
| M P Callow | |
| S R Everitt | |
| R J Walters | |
| J M Walters | |
| B Collins | |
| Company registered number 05785768 Charity registered number 1118296 Registered office St John's House St John's Road Epping Essex CM16 5DN Accountants Haslers Chartered Accountants Old Station Road Loughton Essex IG10 4PL |
Page 1
AFFORDABLE COUNSELLING EPPING FOREST
(A Company Limited by Guarantee)
TRUSTEES' REPORT FOR THE YEAR ENDED 31 MARCH 2024
The Trustees present their annual report together with the financial statements of the Company for the 1 April 2023 to 31 March 2024. The Annual Report serves the purposes of both a Trustees' report and a directors' report under company law. The Trustees confirm that the Annual Report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of the Statement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019).
Since the Company qualifies as small under section 382 of the Companies Act 2006, the Strategic Report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 has been omitted.
Objectives and activities
a. Policies and objectives
The charities objectives are the preservation and protection of the good mental and physical health of families and individuals through the provision of support and counselling services in accordance with Christian principles.
In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, including the guidance 'Public benefit: running a charity (PB2)'.
Achievements and performance
a. Main achievements of the Company
In 2023-24 the charity was able to expand its operations from twelve to eighteen sessions of counselling offered weekly at The Box, Epping, and Hazelwood Children’s Centre, Waltham Abbey, and in addition at Victory Hall, Chigwell, continuing to meet enquiries from all parts of the Epping Forest District. The increased demand for the service due to heightened mental health issue caused by the on-going cost-of-living crisis has continued. The service is evaluated regularly and clients continue to demonstrate a high level of satisfaction in the feedback forms they have completed.
Financial review
a. Finance
The charity exists to offer counselling to those who cannot afford full counsellor fees. The operation is funded by investment interest and donations from clients and grant funding. These limited funds are carefully managed. Costs have been kept to a minimum, and new savings and sources of income are regularly sought.
Page 2
AFFORDABLE COUNSELLING EPPING FOREST
(A Company Limited by Guarantee)
TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024
Structure, governance and management
a. Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Approved by order of the members of the board of Trustees on 5 December 2024 and signed on their behalf by:
J M Walters
(Chair of Trustees)
Page 3
AFFORDABLE COUNSELLING EPPING FOREST
(A Company Limited by Guarantee)
STATEMENT OF TRUSTEES' RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2024
The Trustees (who are also the directors of the Company 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 (United Kingdom Generally Accepted Accounting Practice).
Company law requires the Trustees to prepare financial statements for each financial . Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of its incoming resources and application of resources, including its income and expenditure, for that period. In preparing these financial statements, the Trustees are required to:
-
select suitable accounting policies and then apply them consistently;
-
observe the methods and principles of the Charities SORP (FRS 102);
-
make judgments and accounting estimates that are reasonable and prudent;
-
state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.
The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Approved by order of the members of the board of Trustees on 5 December 2024 and signed on its behalf by:
J M Walters (Chair of Trustees)
Page 4
AFFORDABLE COUNSELLING EPPING FOREST
(A Company Limited by Guarantee)
ACCOUNTANTS' REPORT FOR THE YEAR ENDED 31 MARCH 2024
Accountants' Report to the Members on the preparation of the unaudited accounts of Affordable Counselling Epping Forest for the year ended 31 March 2024
In order to assist you to fulfil your duties under the Charities Act 2011 we have prepared for your approval the accounts of Affordable Counselling Epping Forest for the year ended 31 March 2024 as set out on the pages below from the charity's accounting records and from information and explanations you have given us.
As a practising member firm]of the ICAEW, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com.
Our work has been undertaken in accordance with the requirements of the ICAEW as detailed at www.icaew.com.
Signed: Paul Thain
Dated: 5 December 2024
Haslers Old Station Road Loughton Essex IG10 4PL
Page 5
AFFORDABLE COUNSELLING EPPING FOREST
(A Company Limited by Guarantee)
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2024
| Note Income from: Donations and legacies 3 Other trading activities 4 Investments 5 Total income Expenditure on: Charitable activities 6 Total expenditure Net (expenditure)/income before net gains/(losses) on investments Net gains/(losses) on investments Net movement in funds Reconciliation of funds: Total funds brought forward Net movement in funds Total funds carried forward |
Unrestricted funds 2024 £ 8,031 4,550 6,903 19,484 21,383 21,383 (1,899) - (1,899) 54,931 (1,899) 53,032 |
Restricted funds 2024 £ 6,000 - - 6,000 - - 6,000 18,557 24,557 233,034 24,557 257,591 |
Total funds 2024 £ 14,031 4,550 6,903 25,484 21,383 21,383 4,101 18,557 22,658 287,965 22,658 310,623 |
Total funds 2023 £ 41,589 3,415 6,310 51,314 16,177 16,177 35,137 (10,385) 24,752 263,213 24,752 287,965 |
|---|---|---|---|---|
The Statement of Financial Activities includes all gains and losses recognised in the year.
The notes on pages 9 to 17 form part of these financial statements.
Page 6
AFFORDABLE COUNSELLING EPPING FOREST
(A Company Limited by Guarantee) REGISTERED NUMBER: 05785768
BALANCE SHEET AS AT 31 MARCH 2024
| Note Fixed assets Investments 9 Current assets Debtors 10 Cash at bank and in hand Creditors: amounts falling due within one year 11 Net current assets Total assets less current liabilities Total net assets Charity funds Restricted funds 12 Unrestricted funds 12 Total funds |
1,688 34,750 36,438 (2,405) |
2024 £ 276,590 276,590 34,033 310,623 310,623 257,591 53,032 310,623 |
1,642 31,190 32,832 (2,900) |
2023 £ 258,033 |
|---|---|---|---|---|
| 258,033 29,932 |
||||
| 287,965 | ||||
| 287,965 | ||||
| 233,034 54,931 |
||||
| 287,965 |
Page 7
AFFORDABLE COUNSELLING EPPING FOREST
(A Company Limited by Guarantee) REGISTERED NUMBER: 05785768
BALANCE SHEET (CONTINUED) AS AT 31 MARCH 2024
The Company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006.
The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements.
The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime.
The financial statements were approved and authorised for issue by the Trustees on 05 December 2024 and signed on their behalf by:
J M Walters
(Chair of Trustees)
The notes on pages 9 to 17 form part of these financial statements.
Page 8
AFFORDABLE COUNSELLING EPPING FOREST (A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
1. General information
Affordable Counselling Epping Forest is a charitable organisation, registered in England and Wales, with a registration number 05785768. The address of the registered office is St John's House, St John's Road, Epping, Essex CM16 5DN.
2. 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), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
Affordable Counselling Epping Forest 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.
2.2 Income
All income is recognised once the Company has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably.
2.3 Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost 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.
Expenditure on charitable activities is incurred on directly undertaking the activities which further the Company's objectives, as well as any associated support costs.
All expenditure is inclusive of irrecoverable VAT.
2.4 Taxation
The Company is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the Company is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
Page 9
AFFORDABLE COUNSELLING EPPING FOREST
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
2. Accounting policies (continued)
2.5 Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Investment income, gains and losses are allocated to the appropriate fund.
3. Income from donations and legacies
| Unrestricted funds 2024 £ Donations 310 Grants 7,500 Similar incoming resources 221 8,031 Total 2023 41,589 |
Restricted funds 2024 £ - 6,000 - 6,000 - |
Total funds 2024 £ 310 13,500 221 14,031 41,589 |
Total funds 2023 £ 26,089 15,500 - |
|---|---|---|---|
| 41,589 | |||
4. Income from other activities
| Unrestricted | Total | Total | |
|---|---|---|---|
| funds | funds | funds | |
| 2024 | 2024 | 2023 | |
| £ | £ | £ | |
| Client contributions | 4,550 | 4,550 | 3,415 |
Page 10
AFFORDABLE COUNSELLING EPPING FOREST
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
5. Investment income
| Unrestricted funds 2024 £ Income from local listed investments 407 Investment income - other local investments 6,496 6,903 |
Total funds 2024 £ 407 6,496 6,903 |
Total funds 2023 £ 293 6,017 |
|---|---|---|
| 6,310 |
6. Analysis of expenditure on charitable activities
Summary by fund type
| Unrestricted | |||
|---|---|---|---|
| funds | Total | Total | |
| 2024 | 2024 | 2023 | |
| £ | £ | £ | |
| Direct Activity Costs | 21,383 | 21,383 | 16,177 |
7. Analysis of expenditure by activities
| Direct Activity Costs Total 2024 Total 2023 |
Activities undertaken directly 2024 £ 20,558 20,558 14,431 |
Support costs 2024 £ 825 825 1,746 |
Total funds 2024 £ 21,383 21,383 16,177 |
Total funds 2023 £ 16,177 |
|---|---|---|---|---|
| 16,177 | ||||
Page 11
(A Company Limited by Guarantee)
AFFORDABLE COUNSELLING EPPING FOREST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
7. Analysis of expenditure by activities (continued)
Analysis of direct costs
| Rent Insurance Telephone Advertising Sundries Postage & Printing Bank charges Counsellor fees Total 2024 Analysis of support costs Accountancy |
Activities 2024 £ 2,934 135 116 255 439 121 83 16,475 20,558 Activities 2024 £ 825 |
Total funds 2024 £ 2,934 135 116 255 439 121 83 16,475 20,558 Total funds 2024 £ 825 |
Total funds 2023 £ 2,479 135 103 175 - - 34 11,505 |
|---|---|---|---|
| 14,431 | |||
| Total funds 2023 £ 1,746 |
8. Trustees' remuneration and expenses
During the year ended 31 March 2024, expenses totalling £ 317 were reimbursed or paid directly to 2 Trustees (2023 - £92 to 4 Trustees).
Page 12
(A Company Limited by Guarantee)
AFFORDABLE COUNSELLING EPPING FOREST
| NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 |
||
|---|---|---|
| 9. Fixed asset investments Cost or valuation At 1 April 2023 Revaluations At 31 March 2024 Net book value At 31 March 2024 At 31 March 2023 10. Debtors Due within one year Other debtors 11. Creditors: Amounts falling due within one year Accruals and deferred income |
2024 £ 1,688 1,688 2024 £ 2,405 |
Other fixed asset investments £ 258,033 18,557 276,590 276,590 258,033 2023 £ 1,642 1,642 2023 £ 2,900 |
Page 13
AFFORDABLE COUNSELLING EPPING FOREST
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
12. Statement of funds
Statement of funds - current year
| Unrestricted funds General Funds - all funds Restricted funds Restricted Funds - all funds Essex Community Foundation Total of funds |
Balance at 1 April 2023 £ 54,931 233,034 - 233,034 287,965 |
Income £ 19,484 - 6,000 6,000 25,484 |
Expenditure £ (21,383) - - - (21,383) |
Gains/ (Losses) £ - 18,557 - 18,557 18,557 |
Balance at 31 March 2024 £ 53,032 |
|---|---|---|---|---|---|
| 251,591 6,000 |
|||||
| 257,591 | |||||
| 310,623 |
Restricted funds - all funds - This fund relates to the restricted investments held.
Essex Community Foundation grants - Grants received from Essex Community Foundation for restricted charitable purposes.
Page 14
AFFORDABLE COUNSELLING EPPING FOREST
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
12. Statement of funds (continued)
Statement of funds - prior year
| Unrestricted funds General Funds - all funds Restricted funds Restricted Funds - all funds Total of funds |
Balance at 1 April 2022 £ 19,794 243,419 Balance at 1 April 2022 £ 263,213 |
Income £ 51,314 - Income £ 51,314 |
Expenditure £ (16,177) - Expenditure £ (16,177) |
Gains/ (Losses) £ - (10,385) Gains/ (Losses) £ (10,385) |
Balance at 31 March 2023 £ 54,931 |
|---|---|---|---|---|---|
| 233,034 | |||||
| Balance at 31 March 2023 £ 287,965 |
Page 15
AFFORDABLE COUNSELLING EPPING FOREST
(A Company Limited by Guarantee)
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
13. Summary of funds
Summary of funds - current year
| General funds Restricted funds |
Balance at 1 April 2023 £ 54,931 233,034 287,965 Balance at 1 April 2022 £ 19,794 243,419 263,213 |
Income £ 19,484 6,000 25,484 Income £ 51,314 - 51,314 |
Expenditure £ (21,383) - (21,383) Expenditure £ (16,177) - (16,177) |
Gains/ (Losses) £ - 18,557 18,557 Gains/ (Losses) £ - (10,385) (10,385) |
Balance at 31 March 2024 £ 53,032 257,591 |
|---|---|---|---|---|---|
| 310,623 | |||||
| Balance at 31 March 2023 £ 54,931 233,034 |
|||||
| Summary of funds - prior year | |||||
| General funds Restricted funds |
|||||
| 287,965 |
Page 16
(A Company Limited by Guarantee)
AFFORDABLE COUNSELLING EPPING FOREST
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
14. Analysis of net assets between funds
Analysis of net assets between funds - current period
| Unrestricted funds 2024 £ Fixed asset investments 18,999 Current assets 36,438 Creditors due within one year (2,405) Total 53,032 |
Restricted funds 2024 £ 257,591 - - 257,591 |
Total funds 2024 £ 276,590 36,438 (2,405) 310,623 |
|---|---|---|
Analysis of net assets between funds - prior period
| Fixed asset investments Current assets Creditors due within one year Total |
Unrestricted funds 2023 £ 24,999 32,832 (2,900) 54,931 |
Restricted funds 2023 £ 233,034 - - 233,034 |
Total funds 2023 £ 258,033 32,832 (2,900) 287,965 |
|---|---|---|---|
15. Related party transactions
D Barker (Trustee) made donations of £60 during the year to Affordable Counselling Epping Forest ( 2023 - £Nil).
Page 17
AFFORDABLE COUNSELLING EPPING FOREST
(A Company Limited by Guarantee)
INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024
| Income Donations Grants Client contributions COIF Fixed Interest Fund COIF Investment Fund Shares COIF Ethical Other Income Gains/(Losses) on investments Gains/(Losses) on investments Gross income in the reporting period Less: Charitable activities costs Rent Insurance Telephone Advertising Counsellors fees Bank charges Sundries Postage & Printing Support costs Accountancy and legal fees Total expenditure Net income before taxation for the reporting period |
2024 £ 310 13,500 4,550 2,043 3,681 407 772 221 18,557 2,934 135 116 255 16,475 83 439 121 825 |
2024 £ 25,484 18,557 44,041 20,558 825 21,383 22,658 |
2023 £ 26,089 15,500 3,415 2,322 3,695 293 - - (10,385) 2,479 135 103 175 11,505 34 - - 1,746 |
2023 £ 51,314 (10,385) 40,929 14,431 1,746 16,177 24,752 |
|---|---|---|---|---|
Page 18
AFFORDABLE COUNSELLING EPPING FOREST
(A Company Limited by Guarantee)
INCOME AND EXPENDITURE ACCOUNT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024
| Taxation Net income for the reporting period Surplus for the reporting period Surplus brought forward at 1 April 2023 Surplus carried forward at 31 March 2024 |
2024 £ |
2024 £ - 22,658 22,658 53,289 75,947 |
2023 £ |
2023 £ |
|---|---|---|---|---|
| - | ||||
| 24,752 | ||||
| 24,752 28,537 |
||||
| 53,289 |
The notes on pages 9 to 17 form part of these financial statements.
Page 19