Registered charity number: 1130400
Company number= 06757798
Share Psychotherapy
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
For the year ended 31 March 2024

Share Psychotherapy
Contents
Page
Trustees, annual report
Independent examiner's report
io
Statement of financial activities
li
Balance sheet
12
Notes to the accounts
13-17

Share Psychotherapy
Trustees. annual report
For the year ended 31 March 2024
The Trustees, who are also Directors of the Company for the purposes of the Companies Act,
present this Annual Report and Financial Statements of the company for the year ended 31
March 2024.
The Trustees confirm that the Annual Report and Financial Statements have been prepared
in accordance with the Statement of Recommended Practice: Accounting and Reporting bv
Charities preparing their accounts in accordance the Financial Reporting Standard applicable
in the UK and Republic of Ireland {FRS 102) (second edition). the Financial Reporting Standard
applicable in the United Kingdom and Republic of Ireland (FRS102) and with the Charities Act
2011.
Objectives. artivities and public benefit
The objective of the charity is to promote good mental health for the public benefit by the
provision of psychotherapy and counselling for those who are unable to afford it through lack
of means or who are otherwise in need. A substantial proportion of our clients endure severe
and complex mental health difficulties. needing therapy for up to two years and are in either
low paid employment. on benefits or students.
The importance of Share's work within the ShefField community is increasingly evident in the
continued rise in demand for medium to long-term therapy.
In defining our aims and carrying them out, the Trustees have full regard to the guidance
published by the Charities Commission on public benefft, and in particularwith regards to fee
charging.
We will address below the work undertaken in the last twelve months on these areas. along
with a general overview of Share's performance in 2023124.
Achievements and Perforn)ance
Share provided a full face-t(Fface service during 23124. delivering some 3,960 hours of
therapy, compared with 3,730 hours in the previous year- an increase of 200 hours.
Share's fees range from £5 to £50 and each client is assessed based on a their individual
circumstances. A low average fee of £15 suggests we are meeting our goal of providing
therapyto those who could not afford it privately. Clients. abilityto pay is extremely low. Out
of 129 clients who were receiving therapy throughout 2023-24, 24% paid £10 or under per
session and 69% paid £15 or under per session. Only 5% paid £40 & 2% paid £50 per session.
Our client base has been hit disproportionally by the cost-of-living crisTS Wlth the cost of
delivering one therapy session far outstripping the fees clients can afford to pay. With the
cost-of-living crisis severely impacting people's expenditures. we have had to reintroduce fee
reductions and agree to lowering fees of existing clients and in some cases write of arrears.

Share Psychotherapy
Trustees. annual report- continued
For the year ended 31 March 2024
We have seen changes in the profile of people seeking therapy wilh 28% being under the age
of 25 years old & in training or in studies. There is also an increasing number of clients
presenting with autism and neurodiversity.
We have had to close the service to new applicants when the waiting list has exceeded 100.
The Board made this decision totemporary close on the recommendations of the Clinical Lead
due to the increased level of risk involved in reviewing & managing those clients waiting for
therapy.
Jon Martyn, our Clinical Lead. made a substantive impact on the recruitment of both trainee
and qualified volunteer therapists and we ended the year with forty-one therapists: 11
qualified therapists and 30 trainee therapists. Emma Gray Senior Therapist contract was
extended to 2 days and provided welcome support to Jon delivering assessments, seeing
clients with more complex mental heahh issues and assisting with fund raising. This enabled
us to return to normal activity levels and at the end of March 2024. we had 101 clients in
therapy and 91 on the waiting list.
Furthermore, Share has been proactive as to how we can scale our services to meeting the
needs of the commonities that we serve in Sheffield. As an organisation that works at the
interface between poverty and mental health, we want to ensure that we are reaching the
people who rnost need and can most benefit from our service. Our SeniorTherapist has been
actively exploring the possibility of partnering with the Primary Care Trusts, to expand our
work to better target the needs of communities who may not be reached by our current
Service.
A big impact on Share's finances in 23/24 was the move to our new premises at 19 Paradise
Square. Protracted negotiations with the landlords of Wilkinson Street to exit the lease and
finalising our new lease incurred higher costs than originally anticipated. This was
compounded by a loss of activity and thus income through closure of face-to-face therapy
whilst the move was undertaken & the building made safe for occupancy. Since moving into
the premise5, we have had to review health and safety policies which has incurred additional
costs to meet mandatory fire regulations etc.
Our Operation3 Manager Catherine Millr055 wa5 instrumental in managing the move with at
least disruption as possibleto our clients and therapists. Steve Wood. trustee, provided much
needed advice and support negotiating the'terms and conditions of the new lease and wa5
the go-between Share and the landlords agent. Our operations manager, office manager and
Administrator left in Dec / January. This was an extremely unsettling time for Share and we
carried out exit interviews to understand the reasons behind the staff departures. The board
developed a recovery plan in January 2024 that sought to address both staffing and financial
challenges.

Share Psychotherapy
Trustees. annual report - continued
For the year ended 31 March 2024
We were fortunate to appoint a new OFFice Manager in January 24 who has had a stabilizing
effect providing excellent support to our Clinical team and Volunteer Therapists along with
reviewing our systems and streamlining processes.
Becomin
a Centre of Excellence in P chothera
Thera
eutic Culture
and Develo
in
a Stron
Learnin
and
The clinical team provided clinical leadership to the 41 therapists ensuring safe & effective
practice achieving positive client outcomes.
The clinical risk register collates clients we consider in need of monitoring, signifying the
clients that are at risk of dangerously acting upon their distress. This does not give a true
reflection of distress however, as so many of our clients are learning to hold onto and live
with it, within the bounds of the therapeutic relationship. While therapists are limited to the
weekly hours lon average each therapist sees 3 clients per week) that they offer their clients,
the roles of associates, seniortherapist and clinical lead give Share the opportunity to provide
psychological holding to clients who fall into crisis. For the most part. this takes the form of
ad-hoc conversations with therapists, to help them to hold and contain their clienys distress,
but there are times when further actions are required.
We continued to see a rise in complex mental health referrals and 11 clients were placed on
our clinical risk register and Share worked closelywith other agencies to manage the risks and
safeguard them.
Considering these trends, the Clinical Lead has led the team in reviewing Share's assessment
procedures and policies and reassessed the limits of therapy. A review of Risk and
safeguarding policies have also been undertaken, ensuring that high standards of clinical
governance are maintained.
There has been difFiculty recruiting qualified volunteertherapistswhich, in the context of high
demand for their services following the pandemic and the impact of inflation and stagnant
wages (aka the c05t-of-living crisis) will probably continue to be a barrier to therapist5 being
available to volunteer their time. With this. Share has had to be more reliant upon trainee
therapists, which has a knock-on impact upon the complexity of mental health presentations
in clients that Share is able support.
As part of our culture of continuous learning and developing. we are supporting the Clinical
Lead in his EMDR training so that we can offer this specialist trauma treatment to our clients.
Share also re*stabli5hed a CPD programme in 23124. with several major events being held
face- tfrface every 6 weeks throughout the year including training in Autism & Neuro-
diversity. -U5ing miniature5 in Therapf. -Lived experience of DID" & Counselling people
with eczema" all of which have been well atiended. We prioritize places to our trainees and
therapists but also offer spare places to other organiiations for a small fee. which generates
income to cover room hire etc.

Share Psychotherapy
Trustee< annual report- continued
For the year ended 31 March 2024
Workin
closel
with the statuto
and VCF sectors
We contributed for the first time to Sheffield's Workforce Planning submission in 22123 and
continue to work with the Workforce Planning Lead for South Yorkshire. NHS England, and
the ICB to explore funding opportunities forourwork training mental health practitioners and
contributing to the workforce in Sheffield & South Yorkshire
A Co-chair attends the monthly Sheffield Psychology Board. on which both VCF and Statutory
services are represented. to ensure that Share is well informed and can contribute to a district
wide approach to the provision of psychotherapy servi￿5 across Sheffield.
Our Senior Therapist and Operations Manager have attended meetings held by the Rethink
Alliance, as well as explored partnership with Primary Care Transformation Groups.
Moreover, we continued to provide SOAR with supervision on a quarterly basis to support
their staff support group for their complex community work in Parson5 Cross. This is done by
our Clinical Lead and started in early 23/24. Also. one of Share's Associates provides monthly
staff supervision group at Cavendish House.
Develo
in
our staffin
tems and infrastrurture
The move to new premises has taken up all capacity and indeed available budget under this
objective. After exploring various options across the city, an appropriate and affordable
opportunity presented itself in late February/ early March at 19 Paradise Square. Negotiations
with the landlord started and heads of terms began to be negotiated in the final weeks of
22123. There were however delays in agreeing the new lease. which tneant that we had to
extend our existing lease to end of May 23. Following renovations at the new office, Share
moved premises in June 2023.
Under the terms of the old Repair and Maintenance Lease, a survey of the property by the
landlords in early 2023 led to Share being liable tD pay for major repair c05t5, including
external works which had not been anticipated and incurred costs of almost £20,000.
Although this has been a challenging period for Share we are thankful we took the decision
to move and are now secure in the knowledge that we have a fairer lease and a sustainable
future.
Having settled into our new premises we are now seeking ways to maximize the use of the
building including extendinE our working hours & diversifying the therapy provision.
We would like to thank Julian Wright for organizing an exhibition of art works within the
building.

Share Psychotherapy
Trustees, annual report- continued
For the year ended 31 March 2024
Cross-cuttin
Strate
develo
ment and lans
Share secured sUPPOrt from an experienced Consultant to facilitate an away day of Board
members but due to workload of staff and trustees we were unable to complete developing
a new strategic plan. The work has been picked up again in January 2024 and started with a
business model and review of Share's vision and mission and we plan to finalize a new
strategic plan, capacity permitting. by the end of 24125.
The revised charitvs business plan for 2024125 and 2025126 includes:
Strengthen the financial position and rebuilding reserves to ensure sustainability and
strategic development of the service
Consolidation of grant income through securing larger and medium-term grants
Applying to new funders
Increase in client fees whilst maintaining lowest fee band
Securing subsidies to cover the gap between client income and actual cost per
session
Increase capacity clinically, administratively. managerially and at the board level to
enable increase in client hours which will require
Improving administrative systems and processes
Increase in senior therapist capacity
Recruiting a service lead
Recruiting a treasurer and additional trustees
Coordination and collaboration with relevant partners. in both statutory and
voluntary 5ertor5, to improve mental health provision in Sheffield
Financial review, reserves poliry and going Con￿rn
22/23 and 23124 financial years both made an unrestricted loss of around £28,400, and
unrestricted funds were in deficit by £8.419 as of 31 March 2024.
Our revised forecast had anticipated we would end the year with very low reserves or break-
even. However, because of the costs of the repairs to Wilkinson Street alongside reduced
average client income due to cost-of living crisis. sLitic Integrated Care Board {ICB) grant (a
de-facto reduction in light of inflation) as well as gaps in staffing leading to missed trust
funding applications we were unable to achieve this.
Due to overall lack of capacity following the office move and associated changes. the full
extent of the financial situation was not clear until late December.
Share's buslness model. which relies on client income and grants from the ICB and various
Trusts, is no longer covering the cost of running the service. Grants have not increased with
inflation, average client income has dropped & operating costs of delivering the service have
increased.

Share Psychotherapy
Trustees. annual report - continued
For the year ended 31 March 2024
Over the past 4 financial years, the cost of providing one therapy session per client was on
average £40. With an average client fee of £14.80 in 23-24 this was a £1.60 drop per client
hour income translating into an additional loss of operating income of £6.200.
In January 24 following a substantial and extensive review of ourfinance5 it became clear that
without additional funding Share would become insolvent in the following financial year.
The Board had several emergency meetings to review ourexpenditure and income and to put
strategies in place to manage the day-to-day finances and to develop a recovery plan with
clear accountabilities. The Co-chairs met with members of the Integrated Care Board (ICB)
and following several meeting and numerous correspondence Share received confirmation of
the renewal of the ICB grant for 3 years and by March 2024 a substantial one-off grant
confirmed for 24125.
Our thanks go to colleagues at the ICB for their support. commitment and belief in Share's
worth as a mental health provider in Sheffield. The Board's recovery plan saw other further
positive outcomes including securing a large grant of £20K from the Aeonian Foundation.
Local trusts continue their support, and we are grateful to the Church Burge55es for providing
an additional one off grant.
Tight financial controls were put in place which included a reduction in administration and
management costs and increasing fees for new clients in 24/25 whilst continuing to explore
other further funding opportunities.
The Board of Trustees has determined that the free reserves target at 31 March 2024 was
£30,000. However as at 31 March 2024 the charity had no free reserrfe5 (unrestricted funds
excluding fixed assets) -there was a negative unrestricted fund balance of £8,419.
The 24125 budget. including the additional one-off ICB funding and the grant from the
Aeonian Foundation. plans to return the free reserves held at 31 March 2025 to the target
set. which the trustees are confident can be done.
In addition to the 24125 one off grant. we have now received written confirmation of a 79%
uplift of our ICB grant for 25/26 and 26127. We have also had a very positive meeting with
the National Lottery about a longer-term grant supportin6 organtzational development and
growth. We continue to Identify new grant funders and submit applications.
The support we have secured is medium term and provides security into 25126 and indeed
26127 and we have as yet untapped opportunities to further bring in income to increase
capacity and develop a long funding strategy. The Board is confident with all these measures
in place that wt has not only secured Share's future in the forthcoming year but has laid the
foundations for a more sustainable footing for years to come.
The trustees are of the view that the Charity is a going concern continue into the future and
is a going concern at the time of signing the accounts.

Share Psychotherapy
Trustees. annual report- continued
For the year ended 31 March 2024
Structure. governance and management
The organisation is a company limited by guarantee and a registered charity. The charity's
governing documents are its Memorandum and Articles of Association. The charity was
incorporated as a company limited by guarantee without share capital. on 25 November 2008
and was registered with the Charity Commission as a charity on l April 2009.
Meetings of the Board of Trustees of the Charity and Directors of the Company are held
quarterly to tnonitor the activities carried out and to make decisions relating to the strategic
direction, financing and govemance of the organisation. The board holds monthly informal
board meeting to stay abreast of key issues and deepen discussion around operational issues
as required.
The Risk Register is updated and reviewed at each formal Board meeting. This discipline has
produced a recognisable benefit in terms of the way the Board anticipates operational risks
and responds in discussion with staff to frame immediate and longer-term actions.
The oversight, support and development of the clinical activity carried out by our therapists
is provided by the Clinical Lead and part-time Clinical Associates. All paid and volunteer
therapists continLJed to receive clinical supervision. For volunteers and therapists in training
this takes place in groups held in-house and facilitated by either the Clinical Lead or a Clinical
Associate. Our Clinical Lead also receives Clinical Supervision from a Private Counsellor
funded by Share.
Lynn Keirs and Astrid Bourne Walker formally ac￿pted the positions of Co- chairs in July 2021,
a first in the history of Share, which has proved a very successful working arrangement. They
have been able to support each other and share the workload and challenges this year has
brought, meeting regularly outside board meetings to discuss and liaise on all aspects of
running Share. Lynn gave her notice in January 2024 to retire as a trustee afterthe September
AGM - a huge thank you to Lynn for more than 9 years of dedicated. strategic work at Share
both as a trustee and as a co-chair all of which has contributed to sustain. improve and grow
Share's contribution to mental health provision in Sheffield.
Steve Wood, Trustee has been instrumental in finding our new premises at Paradise Square
&negotiating terms & conditions of the new lease and helping our Business Manager with the
move. He has also used his considerable experience & skills to review the health & safety at
Paradise Square introducing new fire regulations & training. Steve resigned as Trustee & left
the organisation on 16 September 2024.
Vanessa Boddye. a long-standing volunteer therapist. continues to provide valuable input
from client and volunteer perspectives into the Board discussions. Although we haven't been
able to recruit to the Treasurers post in this financial year this work has been diligently
overseen by Astrid, with the assistance of the Operations Manager.

Share Psychotherapy
Trusteeg annual report - continued
For the year ended 31 March 2024
We welcomed back Anna Waters as a Trustee on 5 December 2023. having previously worked
for Share as our first Business Manager. Anna brings a wealth of experience & skills in the
charity sector. local & central government & currently works on National Social Care Policy.
During the year we had several applicants for the vacant Treasurer post and were delighted
to appoint Rumbidzaishe Chivaura on 29 July 2024.
Induction and training into the role of Trustee was undertake by the Co-chairs to ensure full
oversight of their legal and operational responsibilities. This is in line with the Memorandum
and Articles of Association of the Company and the policies and procedures adopted by the
Board. Moreover, trustees complete an annual declaration of interests, topped up by a
standard item at Board meetings. to identify any issues of potential conflict on each agenda.
Legal and administrative information
Trustees
Lynn Keirs
Astrid Walker Boume
Steve Wood
Vanessa Boddye
Bethany Rodgers
Anna Waters
Rumbidzaishe Chivaura
Co- Chair
Co- Chair
{Resigned 19109/2024)
(Resigned 07107 2023)
(Appointed 05112/2023)
(Appointed 29107/2024)
Management team
Clinical lead
Replaced by Clinical manager
Jonathan Martyn
Samantha Mulholland
(until June 2024)
(from June 2024)
Senior therapist
Emma Gray
(until September 2024)
Operations manager
Replaced by Office manager
Catherine Millross
Elizabeth Levy
(until December 2023)
(from January 2024)
Charity number
1130400
Company number
06757798
Registered office
19 Paradise Square
Sheffield
SI 2DE
Accountants
Seven Hills Accountants Limited
57 Burton Street
Sheffield
S6 2HH

Share Psychotherapy
Trustees. annual report- continued
For the year ended 31 March 2024
Trustees. responsibilities in relation to the financial statements
Company law requires the charity trustees to prepare financial statements for each year
which give a true and fair view of the state of affairs of the charitable company and the group
and of the incoming resources and application of resources. including the income and
expenditure, of the charitable group for that period. In preparing the financial statements,
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.
State whether applicable UK accounting standards have been followed. subject to any
material departures disclosed and explained in the financial statements- and
Prepare the financial statements on the going concern basis unless it is inappropriate
to presume that the charity will continue in business.
The trustees are responsible for keeping adequate accounting record5 that disclose with
reasonable accuracy at any time the financial position of the charity and to enable them to
ensure that the financial statements comply with the Companies Act 2006. They are also
responsible for safeguarding the assets of the charity and the group and hence 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 companvs website. Legislation in the United Kingdom
governing the preparation and dissemination of financial statements may differ from
legislation in other jurisdictions.
Small Companies provision
This report has been prepared in accordance with the special provisions for small companies
under Part 15 of the Companies Act 2006.
The trustees declare that they have approved the Trustees. annual report above on
and signed on behalf of the trustees by=
Print name".
Trustee

Independent examinerfs report to the dirertors of Share Psychotherapy ('the Companrf)
I report to the charity directors on my examination of the accounts of the Company for the
year ended 31 March 2024.
Responsibilit•èS and basis of report
As the directors of the Company you are responsible for the preparation of the accounts in
accordance with the requirements of the Companies Act 21J)6 {'the 2006 ACY).
Having satisfied myself that the accounts of the Company are not required to be audited
under Part 16 of the 2006 Act and are eligiblefor independentexamination, I report in respect
of my examination of your companvs accounts as carried out under section 145 of the
Charities Art 2011 {'the 2011 ACY). 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 examinerfs statement
I have completed my examination. I confirm that no matters have come to my attention in
connection with the examination giving me cause to believe=
accounting records were not kept in respect of the Company as required by sertion
386 of the 2006 Act; or
2. the accounts do not accord wvth those records: or
3. the accounts do not comply with the accounting requirements of section 396 of the
2006 Act otherthan any requirementthatthe accountsgive a'true and fairview which
is not a matter considered as part of an independent examination. or
4. 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 organisations preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102}.
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.
Signed:
Sarah Lightfoot, FCA DChA
Seven Hills Accountants Limited
57 Burton Street
Sheffield
56 2HH
Date:
io

Share Psychotherapy
Ststernent of financial artivibes (incorporating the income and expenditure aCt￿nt>
for the year ended 31 March 2024
2024
Totsl
Unrestricted Restricted
funds
funds
2023
Total
fvnd5
funds
Notes
Income from".
tjonations, grants and legacies
Charitable activities
InvÈstmÈnts- bank interest
25,534
113.536
253
31.138
113.536
253
12.545
100,838
139
12,545
100,838
139
Total income
139.323
5.604
144.927
113,522
113,522
Expenditure on:
Charitable activities
167.735
173.339
140.148
27.887
168.035
Totsl expenditure
167.735
173.339
140.148
?_7.887
168.035
Net movement in funds
128.412)
{26.626) {27.8871 {54.513)
Reconciliation of funds:
Total funds brought forward
I9￿3
19393
46.619
27.887
74.506
Total funds (arried forward
(8,419)
{8A191
19.993
19,993
The staternent of financial actiwties includes all gains and 105se5 recognised in the year. PJI of the charitable company's
operations are classed as continuing.
li

Share Psychotherapv
Balance Sheet
As at 31 Marth 2024
2024
2023
Fixed assets
Tangible assets
969
1.317
Total fixed assets
969
1,317
Current assets
Debtors
Cash at bank and in hand
Total current assets
6.026
1.666
7.692
33,894
35,434
Creditors: amounts falling due within one year
io
{17.0801 116,758)
Net current a$5ets
19.3881
18.676
Total assets less current liabililies
18.4191
19.993
Creditors- amounts falling due after one year
Totsl net assets
(8.419)
19.993
Represented By
FUNDS
Unrestricted fund5
Restricted funds
Total tharity fund5
{8.4191
19.993
li
12
(8.419
19.993
For the year ending 31 March 2024 the company was entitled to exemption from audit Und￿ section 477 of the Companies
Act 2006 relating to small companies.
Directors. responsibilities=
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act
The director'5 acknowledge their responsibilities for cornplying with the requirements of the Act with respect to
accounting records and for the preparation of accounts.
The accounts have been prepared in accordance with the special provisions relating to companies subject to the small
companie5 regime within part 15 of the Companie5 Act 2006.
Approved by the board of trustees on
and signed on its behalf by:
Print name..
OoP/UÈ
Trustee
12

Share Psychotherapy
Notes to the Accounts
for the year ended 31 March 2024
Atcounting Policies
lal Basls of preparation
Share Psychotherdpy is a charitable company in the United limiied try guardntee. In the event that the charity is wound up the
liability in respert of the gurantee is limited to £10 per member of the chanty. The address of the ￿gIStered office is given in the company
information on Page l otthese financial statements.
The financial statements have been propared in accordance with the Statemenl of Rec￿nrnended Practi￿". Accounting and Reporting bv
Charities preparing their accounts in accordance the financial Rep(Kiing Standard appli(3ble in the UK and R&public of Ireland IFRS 1021
Isecond editionl, the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFR5102} and with the
Charities Act 2011. The financial statements have tsken the exemption to prepare a Statement of Cashflows.
The charity meets the definition of a public benefft entity as defined under FRS102. The financial statements are presented in sterling
whith is the functional currency of the charity and are rounded to ihe nearest £1.
(bl Income
Income is recogni5ed in the SOFA when the charity has entitlement to the funds anv Ferfomiance condition5 attached to the monie5 have
Icl Expenditure and liabilities
Expendtture 15 recoEnised where an there is a legal or constTUrtive otligation to pay a third party. fc is probable that settlement will be
required and the amount of the obligation fdn be reliably measured. All expenditure is reported gross of irrecoverable VAT.
Idl Tangible fixed a55ets
Tangible fixed assets are initially m&isured at cost and subsequently rnea5ured at C05t or valuation, net gf depreciation and any
irrlpairment losses. Depreciation is provided on all tangible assets at the following rates talculated to write off the cost less estimated
residual value, over their useful economic li¥es=
Fixtures and fittings
reducing b3[ar￿e
lel Cash and cash e4uiYalents
Cash and cash equivalents comprtse G)sh on hand and call deposits. and other slK)rt4orm highly liquid investments that are readilv
convertible to a known amount of and are 5ubje¢t to an insigntfi(ant risk of change in value.
lfj Trade debtors
Trade debtors are amounts due from customersfor Servi￿ performed in the ordinarycourse of business.
Trade debtors are recognised init•lly at the transaction pri￿. They are 5ub5equently ffle35ured at amortised cosr using the effective
interest method, less provision for impairment. A prowsion for impaim)ent of trade debtOTS 15 established when there is objective
evidence that the company will not be able to ￿leCt all amwnts due ac(K>rdingto the original terms of the rocoivables.
Trade credrtors
Trade (xeditors are obliEations to pay for goods or *rvices that have been ￿￿UIred in the Ordinary course of business frorTt suppliers.
Accotjnts payable are dassified as current liabilittes if the charity not have an unconditional right. at the end of the ￿portIng period.
to defer settlement of the credttor for at least tWe￿e Mont￿ after the rewjrting date. If thère is an unconditional right to defer settlement
for at least twelve months after the reporbng date. they are presented a5 ￿n-(Urrent liabilities.
Trade creditor5 are re￿￿nISed initially at the tranwtbon prKe and subsequently measured at amorttse(I cost using the effective interest
method.
{h) Fund accounting
Unrosiricted funds are donation5 and other Inco￿ receiwable or generated for the objects of the oreanisation without further specified
purpose and are available a5 general fund5.
Restricted funds are either donations which the donor has specif*d are to be solely used for particular alea5 of the charity's work or grnnt
income SOUEht for spectfied actiwties.
13

Share Psythotherawi
Pknte5 to the Acuwnts. continued
for the year ended 31 Marth 2024
Accounting Policie5- continued
lil Employee benefits
The cost of any unused holiday entitlement 15 retwiised in the period in which the employee's service5 are received.
Termination benefits are recognised immediatety as an expense wllen the charity is dèmonstrably committèd io terminate the
employment of an employee orto provide tennination benefits.
()J o￿latiftg lease ￿￿tal$
Rentals under operating lease5 awe tharged to the Statement of Fin￿la1 Aciivit*s on a strdight line basis over the lease term.
Ikl Taxation
a charity. the organisation 15 exetnpt from tsx on income and gains falling within available tax exemptions to the eKtent that these
are applied to its charitable objects. No (harges have arisen in the charity.
11) Going Con￿rn
The firhanaal 5tstements have been prepared on a going a)r￿er￿ basis as the tru5tee5 believe that no matetial uncert3intie5 exist The
trustee5 have considered the level of fund5 held and the em￿Lted level of income and expEnditure for 12 months from authori5ing these
financial statements. The budgeted income a[￿ expenditure is sufficient with the level of reserves for the charity to be able to continue as
a going cOn￿m.
Im) Signtficant estimatrs and judgements
F.stimates aT)d judgpments are continiAally pvaluatpd and are based on histrffic21 eXperIe￿e and other factors. including expectstions of
futurÈ events that are believed to be reas￿able under orcumstan
Incolnefrom dona￿On$.Brants and
2024 unrestric￿ Restrirted
Total
funds
Funds
Z023
Total
Funds
Grants
Aeoniaii Foundation
Harry Bottom CharitableTrust
The JG Graves Charitsble Trust
Sheffield Church Burgesses Trust
Sheffield Town Tnt5t
South yorkshi￿.5 Community Foundation
The Zachary Merton And George Woofindin
Convalescent Tr[￿1
Sheffield City C£Junol LAC committee
2.(X)O
2,5
4.￿0
2.500
5.LNJO
515
515
Donations
Beaverbrook Foundation
The Sheffield l(M)O Charity
2.500
General donations
3,034
89
3.123
545
545
25.534
31.138
12,545
12,545
Income from tharitsble alli¥it*s
2023
Total
fund5
Fund5
Totsl
fund5
Funds
NHS ICB South Yorkshire
Client fees
CPD. trdining and events
Room ￿nts1
42.955
69.198
255
1,128
42.955
69.198
255
1.128
36.886
62.519
36.886
62.519
1.433
1.433
113.536
113.536
100.838
IIN).838
14

Share Psychotherapv
Notes to the A¢counts- continued
for the year ended 31 March 2024
Expenditure on charitable activitses
20Z4 Unrestricted Restritted
lunds
Funds
2023
Total
lund5
Funds
Direct client costs
2.029
2.029
967
967
Salary and as￿)cIated costs
Therapy 5UPPOrt cost5
Payroll fees
Other staff costs including trainine and dbs thecks
Property costs
Rent
Utilities arFd rates
Repairs. maintenance and equipment
Moving costs (including dilapidiations)
84.868
19.811
890
470
5.515
J.383
19.811
890
75.586
20.429
812
14.842
12.920
90.428
33,349
812
1.886
470
16.988
6.319
16,988
6.319
20.929
4.845
5.284
20.929
4.845
125
23.141
23.230
Insurance
Equipment rental
Photocopyin& postage and s13tionery
Telephone
Computer costs
Subscriptions
Depreciation
Disposal of fixed assets
Bank and paymènt fatility charges
General expenses linduding refreshments)
Leeal and professional fees
Governance fDSts
2.854
2.854
768
493
1.836
1.627
$64
420
878
1,627
564
493
1,836
1.909
420
878
1,267
121
1,267
121
243
243
329
329
i(
104
737
610
737
562
2.258
610
562
2.?58
610
610
355
355
Independent examination fee
870
870
774
774
167.735
173.339
140,148
27,887
168.035
Staff costs
2024
2023
Salaries
EMploye￿S National Insurante contributions
Employer's allowante
Employer'5 pension contrtbutions
87.407
6.229
15.(M)01
1.747
87.643
6.149
15,OCK)I
1.636
90,383
90.428
The average number of employees in the yearwas 612023: 61. No employee received emoluments of m(ffe ihan £60,IXJO in eitheryear.
Independent examinalioTh fee
2024
2023
Independent examination fee lindudes ac(ountanc¥ costs)
870
774
Other fee5 paid to Independent examiner's organisatK)n:
Other professional 5eTvices
Other services
342
270
612
Is

Share Psychothera
Pjotes to the Ac£ounts- continued
for the year ended 31 March 2024
Trustees and Key management personnel weThuner*ion. beneffts and exper
No trustees were reimbursed for out of po(&et eX￿nSeS during the ¥ear12023: £nill. The charity trustees were Thot paid or received any
other benefits from etnployment wrth the tharity duri1￿ the year12023: £nil).
No trustees received payment for professM)nal or other services supplied to the charity12023: Vanessa 8odityÈ. tnjstee. re￿IVed £SS as a
self employed associate for her therapy ser¥ices as part of the National knttery fuThJing. No other tnjstee re￿IVed payment for
professional or other Servi￿ supplied to the charityl.
The key marbagement personr*l Imanagement team). as shown on page 8 of the trustees. report re￿ived total employee benefits of
£69.96912023: £65.8021.
Ta￿￿TrIle fixed a&sets
F￿￿￿e$ and
Frttings
Totsl
As at l April 2023
Additions
Disposals
As at ai March 2024
9,773
9.773
11.1071
9,773
11.1071
8.666
Depreciation
A% at l April 2023
ChargÈ this period
Dispos315
A% at 31 March 2024
8.456.
243
11.(KJ21
8.699
8.456
?43
11.0021
Net book value
As at 31 Marth 2024
1.074
969
As at 31 March 2023
1,317
1.317
l fixed assets are conside￿d to be fordirect charitable purpose
DebtlM5
2024
2023
Trade debtors
Prepayments
Other debtors
6.026
1,540
6.026
10 Creditors: amourts falling due Tfvithin one year
2024
2023
TrddÈ creditors
Other creditors
Other taxes and social security
Accruals
OthÈr loans
3.835
7.030
5.345
870
3.2_52
723
2.779
3.313
6.691
17.OBO
16.758
16

Share PsychotherdP¥
Notesto the Accounts- continued
forthe yearended 31 Marth 2024
11 Restricted funds
Balan
b/fwd
Bal3n
c/fwd
Inmme Expenditure
Trwsfers
Premises move
Senior Therapist
189
15,515)
5,515
Premises mov
Some donation5 were received towards moving costs
SeniorTherapist
Funding received towards the Senior Therapistsalary. Fundew5were:
South Yorkshire's Community FoundatK)n
sheffield City Council iAC commtttee
Prtioryeorcomparison
Bulunce
8ulonce
b/fvd
Ina)me EXpendi￿re
Tronsfrr5
Screwfix- bufflding repoirs
Sheffield City Council Community CovidReco¥ery Gmnt
125
27.762
(125)
(27.762}
27.887
127.887)
Sheffield City Councilcommunity C(JvitlRetovery Gmnt
- £27.762 given th sUp￿t additional capatty required as a resuk of the pandemiL The funding is for February 2022 to March 2023.
12 Net a55ets by fund
2023
Total
Fund5
Totsl
nds
Fund5
Tangible fixed assets
Net turrtnt assets/ Iliabilitie51
969
19.3881
969
{9.3881
1.317
18,676
1.317
18.676
&419
18.419)
19.993
19.993
13 Rdated party tran5action5
Astrid W3lk?r Bourne. a trustee. made a loan of £6.691 during 22123 which is outst3ndino at the year end. The loan 15 interest free and
repayable in term5 to be 3Ereed wtih the board. A further £4.(KM) was loaned during the year in two installments io help with cashflow.
that was repaid WTthin a week of the dep05tts.
There were no otfr*r related party tr3rtsactions other th￿ those detailed in note 7.
14 Operating lease commitments
As at 31 March 2024 the charity was committed to making ihe followire payments un￿roPer3￿.￿g Feases as follows:
2024
2023
Land and BuildinBS
Other
Payable within l year
19.950
156
622
20.106
622
Land and Building5
other
Payable between 1-5 years
4.156
156
156
4156
17