OpenCharities

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

2021-11-30-accounts

EMDR Association

A Charity and a Company Limited by Guarantee

Trustees’ Report and Financial Statements

For the year ended

30[th] November 2021

Company number 07428145

EMDR Association

Year Ended 30[th] November 2021

Contents
Page
Trustees’ Report 1 - 7
Independent Examiners Report 8
Statement of Financial Activities 9
Balance Sheet 10 - 11
Notes to the Financial Statements 12 - 17

EMDR Association

Trustees Report for the year ended 30[th] November 2021

The Trustees present their annual report and financial statements for the year ended 30[th] November 2021.

The financial statements have been prepared to give a "true and fair" view and have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) issued on the 16th July 2014 rather than the Accounting and Reporting by Charities: Statement of Recommended Practice effective from 1st April 2005 which has been withdrawn.

Section 1 Section 1 Legal and Administrative Information
Charityname EMDR Association
Charity Commission
registered number		 1140865
Companies House
registered number		 07428145
For the financial year
endingon		 30thNovember 2021
Charity’s principal
address		 Third Floor Horton House, Exchange Flags, Liverpool, Merseyside, L2 3YL
Description of the charity’s trusts:
Governing document EMDR Association is a company limited by guarantee and a registered charity
governed by its Memorandum and Articles of Association. Members of the charitable
company guarantee to contribute an amount not exceeding £10 to the assets of the
company in the event of the company being wound up while they are members, or
within oneyear thereafter.
Objects of the charity The relief of sickness without prejudice to the generality of the foregoing to Advance
the theory and practice of Eye Movement Desensitisation and Reprocessing (EMDR)
and the relief of poverty and distress wherever it may arise by the provision of
humanitarian aid.
Specific investment
powers		 None
Professional advisers:
Accountants Bradshaws Limited,Charter Court,2 Well House Barns,Bretton,Chester CH4 0DH
Bankers The Co-operative Bank, PO Box 250, Skelmersdale, England WN8 6WT
CAF Bank 25 Kings Hill Avenue,Kings Hill,West Malling,Kent ME19 4JQ
Solicitors Brabner’s,Horton House,Exchange Flags,Liverpool,L2 3YL
CompanySecretary Graeme Hughes,CharitySolicitor Brabner’s

EMDR Association

Trustees Report for the year ended 30[th] November 2021 (continued)

Section 2 Trustees and Governance
The Trustees of the charity meet at least four times a year to administer the charity and also meet to approve the
accounts.
Name of Trustee Trustee Role
Michael O’Connor President. Europe representative
Matthew Wesson President Elect, Website development
Lorraine Knibbs Past President – stood down 19 March 2021
Kath Norgate Elected Trustee, Treasurer, Accreditation Committee, Treasurer to Child & Adolescent Section
Louise Mackinney Secretary, Governance
Maeve Crowley Europe Executive Representative
Paul Keenan Elected Trustee, Regional Groups - stood down 19 March 2021
Sandi Richman Elected Trustee, Consultant’s Training
Marian Tobin Conference Organiser
Alison Russell Chair of the Accreditation Committee
Russell Hurn Chair of the Child and Adolescent Section,
Jane Ware Accreditation Committee – CPD lead
Richard Mitchell Chair of EMDR Europe Standards Committee
Ben Wright Chair of the Research & Scientific Committee*
Justin Havens Chair of the Communications Committee
Ericka Johanson Deceased 31st October 2021
* Appointed at the 2021 AGM
Trustee selection method:
Election at the AGM and co-option by the board. Trustees are appointed by vote at the annual AGM. The elected
Trustees can co-opt further Trustees as needed. It is the board’s policy that the chairs of the Accreditation
Committee and Child and Adolescent Section should always have a seat on the board, this year the Child and
Adolescent Committee has been represented by the appointed chair who will be taking post following the AGM.

The Trustees of the charity meet at least four times a year to administer the charity and also meet to approve the accounts.

EMDR Association

Trustees Report for the year ended 30[th] November 2021 (continued)

Statement of Trustees responsibilities

The trustees (who are also directors of EMDR Association for the purposes of company law) are responsible for preparing the Trustees’ Annual 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 year, which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable 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 charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the trustees are aware:

Public Benefit

Under the Charities Act 2011 the Charity is required to demonstrate that its aims are for the public benefit. The Trustees consider that the charity has met the criteria under both of the objects of the charity. The principals of public benefit are as follows:-

Principle 1 – There must be an identifiable benefit or benefits the benefit is the advancement of the EMDR theory and practise and in so doing to assist the public to access accredited, research based, effective interventions for psychological malaise. Principle 2 – the benefit must be to the public, or a section of the public the benefit is to the public as stated in the second object of the charity by the relief of poverty and distress wherever it may arise by the provision of humanitarian aid.

EMDR Association

Trustees Report for the year ended 30[th] November 2021 (continued)

Section 3 Activities and Achievements

We now have in excess of 5000 members, a 25% increase on last year, which has led to significant increases in all our charitable activities. The workload has increased so much, we are no longer able to rely on unpaid trustees and 3 part time administrative staff to manage everything. In order to deal with this the board made the decision to engage Business Support at the beginning of the financial year. This has been an extremely successful venture and we are delighted to report this has enabled us to progress our charitable aims and objectives much more efficiently.

Having successfully installed a membership management system to facilitate paperless renewals last year, we are now in the process of streamlining the accreditation process to enable online applications linked to each member’s personal password protected log in. We expect this to be installed and working before the March 2023 AGM.

The Association has continued to provide educational webinars for members, some of which remain available to access free of charge, not only to the membership but to other mental health professionals. Building on this, the association has continued to provide regular lowcost educational webinars on various topics for the members, funds raised are being used to support the activities of the Scientific and Research Committee (SRC).

The SRC are making great strides forward on our charitable objective of advancing the theory and practice of Eye Movement Desensitisation and Reprocessing (EMDR). They have bought in the services of a research officer and in association with the University of Sheffield have set in motion activities aimed at developing a searchable data base of EMDR literature.

The new communications committee has also been hard at work developing a bespoke communications hub and bringing The Association into the 21[st] Century by developing a presence within social media.

EMDR Association

Trustees Report for the year ended 30[th] November 2021 (continued)

Section 4 Financial Review Incoming resources

Income from membership subscriptions rose by a very substantial £37,000 which reflects a growing commitment of those trained to be affiliated with the Association; and both supporting and benefitting from its educational objectives.

Of particular note is the substantial surplus from the 2021 virtual Annual Conference and AGM which replicated a similar surplus in 2020. The overheads for a virtual event are insignificant compared to an in person event and a larger number of delegates possible.

Outgoing resources

Travel, accommodation, and venue expenses remain low although the Trustees and other officers of the board and its committees have been able to meet in vivo on two occasions this year and therefore there is an increase on last year’s expenditure.

Website costs have increased by £10,000 and will continue to rise over the coming year in keeping with the website and virtual developments the association is making.

Outgoing resources for research have increased by £20,000 this year but will increase further once our Research Officer takes up her duties and further again as funds are spent on the searchable literature database.

Capitation to Europe increases with membership numbers, we have to pay for our non fee paying trainee members as well. The Springer Journal subscription is linked to our membership of EMDR Europe, and also increases with membership numbers.

EMDR Association

Trustees Report for the year ended 30[th] November 2021 (continued)

Section 5 Policies
Reserves policy The Trustees previously established a policy whereby the unrestricted funds not
committed or invested in tangible fixed assets, which are the free reserves of the charity,
should be approximately 20% of general (unrestricted) operating costs. However, given
the cost of new activities and developments the Trustees decided to increase this to 50%
in order to provide sufficient funds to cover management, support and administration
costs to be able to continue the activities of the charity in the event of a significant drop
in funding, or business interruption. The free reserves at the 30thNovember 2021 of
£295,450 (2020: £378,991) are above this policy, however the charity is in the process of
allocating these funds to supporting the development of and engagement with a research
strategy beneficial to the charitable aims of the charity.
Grant-making
policy		 The Trustees make grants to support research projects involving EMDR or related topics.
They also make grants in support of Trauma relief and related Humanitarian projects or
charities. The grants are discussed and voted on by the Trustees prior to any grant being
made.
Investments
Selection
policy		 Having considered several options available, it was decided to invest any funds not
required short term in a low-risk commercial bank deposit account. The Trustees continue
to review the charity’s investment policy on an ongoing basis, some reserve funds have
been placed in a higher interest accounts with CAF. The Association is aware of the
security issues generated by having large sums held in accounts with just a couple of
banking institutions and are currently in the process of opening a new bank account – this
is not a quick or simple endeavour for charities such as ours that have a large number of
Trustees. Under consideration at the moment is the possibility of spreading the free
reserves in an investment account.
Review of major
risks		 The Trustees have completed their review of the major risks to the charity and have
annual renewal procedures in place to manage these risks. They have appointed a Charity
Solicitor as Company Secretary and continue working with their Charity Legal Team to fine
tune policies and develop clearer processes.

EMDR Association

Trustees Report for the year ended 30[th] November 2021 (continued)

Plans for the future The Association has engaged a research officer to work with the SRC and assist with the
Association’s aim of advancing the theory and practice of EMDR, initially by having a
greater awareness of ongoing EMDR and related research projects but with the
intention of strategic application of our resources to promote or contribute to high
quality research.
With Sheffield University, the process of creating a searchable data base of EMDR
Literature is underway and we expect it to be in place by the AGM in 2023.
The Accreditation system will be digitised and in this coming year we expect our
dedicated EMDR communication hub to be up and running to facilitate communication
between members. We are also looking at developing a stronger social media presence
and have made a start on the linked in platform.
Section 6 Signature and Declaration
This report has been prepared in accordance with the special provisions for small companies under Part 15 of
the Companies Act 2006.
Declaration I declare, in my capacity as charity trustee, that:
•
the trustees have approved the report above; and
•
have authorised me to sign on their behalf.
Signature
Full Name Michael O’Connor
Position President
Date 26thMarch 2022

-7-

EMDR Association

Independent Examiner's Report to the Trustees of EMDR Association

I report to the charity trustees on my examination of the accounts of the company for the year ended 30[th] November 2021 which are set out on pages 9 to 17.

Responsibilities and basis of report

As the charity trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your 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

Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of ICAEW, which is one of the listed bodies.

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 that in any material respect:

  1. accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view’ 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 charities 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.

A J Bradshaw FCA Independent Examiner Bradshaws Limited Chartered Accountants

Charter Court Well House Barns Chester Road Bretton, Chester CH4 0DH

26[th] March 2022

-8-

EMDR Association

STATEMENT OF FINANCIAL ACTIVITIES YEAR ENDED 30[th] NOVEMBER 2021

(including income and expenditure account)

Notes
Unrestricted
Funds
£
Income:
Incoming from charitable activities:
Membership subscriptions
241,609
Accreditation fees
22,190
Consultants training
19,350
Other income
-
Advertising
950
Regional group income
16
143,184
Investment Income
15
AGM and conference surplus
83,025
__
Total income
510,323
_
Expenditure:
Expenditure on charitable activities
3
228,281
Regional group expenditure
16
95,939

Total expenditure
324,220
Net income and net movement in funds
for the year
186,103
Reconciliation of funds
Total funds brought forward
516,685
___
Total funds carried forward
702,788		 Total
2021
Unrestricted
Funds
£
£
241,609
204,094
22,190
20,363
19,350
13,735
-
391
950
5,176
143,184
97,306
15
205
83,025
80,257
__
_
510,323

421,527

228,281
177,605
95,939
76,987


324,220
254,592
186,103
166,935
516,685
349,750

___
702,788
516,685		 Total
2020
£
204,094
20,363
13,735
391
5,176
97,306
205
80,257
__
421,527
_
177,605
76,987

254,592
166,935
349,750
___
516,685

There are no restricted funds for the current or comparative year.

The notes on pages 12 to 17 form part of these financial statements

EMDR Association

BALANCE SHEET AS AT 30[th] NOVEMBER 2021

2021
Notes
£
Fixed assets
Tangible assets
8
Current assets
Debtors
9
14,309
Cash at bank and in hand
10
708,697
__
723,006
Current liabilities
Creditors amounts falling due within one year
11
(21,908)
____
Net current assets
Total assets less current liabilities
Net assets
The funds of the charity:
Unrestricted income funds
12
Designated funds
16
Total charity funds		 2020
£
£
£
1,690
2,813
20,246
496,268
__
516,514
(2,642)
_
701,098
513,872


702,788
516,685


702,788
516,685
411,283
345,180
291,505
171,505

___
702,788
516,685

The trustees’ statements required by Section 475(2) and (3) are shown on the following page which forms part of this Balance Sheet

-10-

EMDR Association

BALANCE SHEET (Continued) FOR THE YEAR ENDED 30[th] NOVEMBER 2021

For the year ended 30[th] November 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Trustees' responsibilities

• 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; and

• The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements were approved by the board on 26[th] March 2022 and signed on its behalf by

Michael O’Connor Kathleen Norgate President Trustee / Treasurer

Company Registration Number:- 07428145

The notes on pages 12 to 17 form part of these financial statements -11-

EMDR Association

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30[th] NOVEMBER 2021

1

Accounting policies

The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year and the preceding year.

1.1

Basis of accounting

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011.

The trust constitutes a public benefit entity as defined by FRS 102. The Trustees consider that there are no uncertainties about the Trust’s ability to continue as a going concern over the next twelve months.

1.2 Fund accounting

Funds held by the Charity are:

Unrestricted general funds – General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which have not been designated for other purposes.

Restricted fund – these are funds set aside by the Trustees out of restricted general funds for specific future purposes or projects.

1.3

Incoming resources

All incoming resources are included in the SOFA when the Charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

1.4 Grants payable and receivable

All grants are accounted for gross when receivable. Grants payable are recognised as expenditure when the commitment is entered into.

1.5

Resources expended

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with use of the resources.

-12-

EMDR Association

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30[th] NOVEMBER 2021 (Continued)

1.6

Tangible fixed assets and depreciation

Depreciation is provided at rates calculated to write off the costs less residual value of each asset over its expected useful life as follows;-

Fixtures, fittings and expenditure

1.7 Foreign currency

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange prevailing at the accounting date. Transactions in foreign currencies are recorded at the date of the transactions. All differences are taken to the Statement of Financial Activities.

2. Cashflow statement

The Charity is exempt from the requirement to prepare a cashflow statement because it is a small Charity.

3

Costs of charitable activities
Unrestricted
Funds
£
Wages
32,224
Employee Pension
369
Consultant training
6,259
Europe capitation and certificates
29,373
Insurance
1,630
Office costs
22,778
Newsletter
6,524
Press officer
15,354
Website costs
21,914
Software
4,660
Travel
4,598
Accommodation
1,999
Venue and catering
8,646
Legal and professional
34,281
Springer journal subscription
14,761
Grants
-
Research
19,625
Accountancy
1,800
Donations
-
Depreciation of fixtures and equipment
1,123
Bank Charges
363
Interest
-
General Expenses
-
______
Total Expenditure
228,281		 Total
2021
Unrestricted
Funds
£
£
32,224
26,894
369
434
6,259
5,255
29,373
23,303
1,630
1,630
22,778
21,679
6,524
4,167
15,354
16,450
21,914
12,342
4,660
11,881
4,598
2,188
1,999
1,129
8,646
5,416
34,281
23,968
14,761
16,970
-
19,625
(1,065)
1,800
1,674
-
-
1,123
1,123
363
1,619
-
-
-
548
__
____
228,281
177,605		 Total
2020
£
26,894
434
5,255
23,303
1,630
21,679
4,167
16,450
12,342
11,881
2,188
1,129
5,416
23,968
16,970
-
(1,065)
1,674
-
1,123
1,619
-
548
______
177,605

-13-

EMDR Association

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30[th] NOVEMBER 2021 (Continued)

4 Net incoming resources for the year
Total Total
2021 2020
£ £
Net incoming resources is stating after charging:
Depreciation and other amounts written off tangible fixed assets 1,123 1,123
Accountancy fees for independent examination 1,800 1,700

5 Staff numbers and costs

There are 3 permanent part-time administrators employed by the charity working a combined total of 37 hours a week.

6 Trustees’ remuneration and expenses

None of the Trustees has received any remuneration for services to the Association. 16 Trustees, and a further 15 committee and non-committee members assisting in the work of the Association claimed a total of £2,241 in travel and incidental expenses last year before the country was locked down in March.

7 Taxation

The company was a charity during the year therefore had no taxable income and hence no corporation tax to pay.

-14-

EMDR Association

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30[th] NOVEMBER 2021 (Continued)

Fixtures,
fittings and
equipment
8
Tangible fixed assets
£
Cost
At 1stDecember 2020
12,018
Additions
Disposals
-
__
At 30thNovember 2021
12,018
Depreciation
At 1st December 2020
9,205
Charge for the year
1,123
Disposals
-
_
At 30thNovember 2021
10,328
Net book Values
At 30thNovember 2021
1,690
__
At 30thNovember 2020
2,813
9
Debtors
Total
2021
£
Trade debtors
6,885
Prepayments
7,424
___
14,309		 Total
£
12,018
-
__
12,018
9,205
1,123
-
_
10,328
1,690
__
2,813
Total
2020
£
12,840
7,406
____
20,246

The Charity is owed £5,000 by Trauma Response Network Limited, for the purpose of securing registration as a charity with the Charity Commission for England and Wales for charitable purposes that are consistent with EMDR Association.

10
Bank
Cash at bank and in hand

Regional group - cash at bank and in hand


 Total
2021
£
552,093
156,604
______

708,697		 Total
2020
£
404,748
91,520
______
496,268

-15-

EMDR Association

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30[th] NOVEMBER 2021 (Continued)

11
Creditors – amounts falling due within
one year
Total
2021
£
Trade Creditors
11,386
Accruals
522
Regional Group
10,000
Taxation and social security
-
Other creditors
-
21,908
12
Analysis of net assets between funds
Unrestricted
Funds
Designated
Funds
Fund balances at 30thNovember 2021
£
£
Are represented by:
Tangible fixed assets
1,690
-
Current assets
431,501
291,505
Less : Current liabilities
(21,908)
-
__
____

411,283
291,505		 Total
2020
£
833
522
171
1,116
2,642
Total
Funds
£
1,690
723,006
(21,908)
______
702,788

13 Capital commitments

There were no capital commitments authorised or contracted for at the year-end.

14 Control

The Charity is under the control of the Trustees.

15 Company limited by guarantee

EMDR Association is a company limited by guarantee and accordingly does not have a share capital. Every member of the company undertakes to contribute such amount as may be required not exceeding £10 to the assets of the charitable company in the event of its being wound up while he or she is a member, or within one year after he or she ceases to be a member.

16
Charity funds
………...General Fund…………
Regional
Designated
EMDR
Groups
Total
Fund
£
£
£
£
At the beginning of the year
245,820
99,360
345,180
171,505
Income
247,139
143,184
390,323
120,000
Expenditure
(228,281)
(95,939)
(324,220)
-
_ ____ _
____ __
___ _ _
264,678
146,605
411,283
291,505
Total
Funds
£
516,685
510,323
(324,220)
_____ _
702,788

The Association is keen to promote EMDR and possibly support research projects involving EMDR. A large, gold standard research project is phenomenally expensive thus the trustees continue to set aside funds for any potential future projects.

-16-

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30[th] NOVEMBER 2021 (Continued)

17 Related Party Transactions

During the year, the Association paid £1,290.00 to a Trustee’s daughter to carry out administrative services.

-17-