Company reglstratlon number 06063084 {England and Wales Charfty rnBTBtration numb•r 1141793 {England Wales ASSOCIATION FOR COGNITIVE ANALYfic THERAPY ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 Charity Commission 14 MAY 2026 Recellved ASSOCIATION FOR COGNITIVE ANALYTIC THERAPY LEGAL AND ADMINISTRATIVE INFORMATION J M C Emdion K L Shannon S A Yabsl H S Slothard A E Benson S H Btack Secrotsry Mr S H Vthlte Country of incorporntion United Kirwom (England and Cfj063084 Charfty rngtstrdtlon England and I￿18$ 1141793 Reglstered offlco BBlh HoLtse Street Reddiffe Brf8tol BS16HL ASSOCIATION FOR COGNITIVE ANALYfic THERAPY CONTENTS Plge Truslaes. report Independent examln¢rfs report statement of financial activtbes Balance sheet Notes to tha fin8nclal stotemfjnts 7-12 Drnft Flnanclal Stat•m¥nts at 06 May 2028 at 16".41:39 ASSOCIATION FOR COGNITIVE ANALYfic THERAPY TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 JULY2025 The trust￿$ who are also dlrecttsts of the charity for the purposes of the Companies Act 20C6, wosent Ihelr annLtal report and financial 8lat8ments for thè year ended 31 July 2025. The finandal statements have been prepared in accordance Y￿h t￿ a¢counttng pDlictos set oui in note 1 to the financial statements and ¢omply wlh the charitys goveTning do¢umènl, the Companies Act 2008. FRS 102 Yhe FInan￿al Reporting Standard sppllcablg in tho UK and Republic of Ireland. and the Chorilies SORP '*£￿Unting and Rèporting by Charities: Statement of Recommended Practice applicable to charides preparing Ih&r accounts in accordance wilh th6 FinancAal Reporting Standard app[Icab￿ in the UK and Republic of Ireland {FRS 102}°. ObJoCtlv•s and actNiii•s In order to ensure our wiffk delivers our aims the Board of TDJStg8s sets out and monitor8 AsBocralron for Cognitsvo Analytic Therapy's IACAT) Annual Strategic Plan. The slratsgie aims for each year refied the tharity'$ alms and objectives and are monllored as a stsndlng Item at the Btsar¢J ofTrustees. Tho ov8rarching airn is to educate end promli¢y of providiroJ bursarie8, In certain drcumlances, toward8 the c08ts of tralnlng urw and Conferer￿e attendanco. Flnanclal revi•w Reserves policy Total resgry&s hehj al the year ended 31 Juty 2025 wer& £337,438 (2024.. £303.149). The Trustees h8ve examlne(J the tharfty'3 requlrements for reserves In Ilght of the main rfsks to the organlsalon. tt has established a policy wherby a pwdenl amount of the unrestricted fund$ should be invested in short term d8posils as available res¢rwg$ to meet the worknng ca￿tal requirements of the Charity. ena￿Ing ts4Jth current aCtI￿￿e¥ and fiJbJre plans for gro￿ lo continue In the event of any signifcant drop in fundSrvJ. The fomal resorves pclicy is reviewèd by the TNstso8 annually and. to the end of the prior year, the awjmulated reserves have bg&n retalned lo ensure that the charity Ss wdl placed to cope wilh any unforeseen thancsal d8marKI8. DAft Flt7anclal statemfrt￿ at 06 May 2026 at 16-.41..39 ASSOCIATION FOR COGNITIVE ANALYfic THERAPY TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORn (CONTINUED) FOR THE YEAR ENDED 31 JULY2025 StructUTei goveman¢e and manag•m•nt The ¢harity is a company limited by guarant•8 and is govemed by it8 MemorandLtrn andArtlde3 ofA88oclallon. The trustee5. who arè also the ￿1￿ctorS for the purpose of company law, and who servod during Iheyear and up to th8 date of signature ofthe fin8nclal stalemgnts wero: J M C Emilion K L Shannon S A Yabsley H S Stothard S Veamals A E Benson S H Bladt A C05hiand R Dewshl P J Dudley R Payne {Resign8d 16 Marth 2026) {Resigned 23 May 20251 {Resigned 23 May 20251 (Resigned 4 Othbei 20241 {Re8igned 23 May 20251 Recmitmgnt and eppointment of trusle8S Ngw Trustsos are recruited a$ necessary, su¢h th* their parbcular skill Sets ￿mplarnent the requirements of the Oryanisationalstrudurn The ACAT Board ofTrustses ha5 seven trustees at the year ond. The Board meets th￿ times a y¢ar8nd Sets the strategic directlon and policy of the charity. Induction and of naw andcontinuing tmstees TTu$lees attend an annual Tru5tee8 away day for tho purposes of inducbon, ¢crfnuing professlonal development and strategic planning. PerEonal development plans for trustees are discussed at ¥ddittonal meetings for truste8$ precedlng board meellngs which are hel(E three tsmos a year. Riskm8nagefflent The Board of Trust￿ have established a Rtsk Reglster and Rlsk Mathx in order to prioritise the major rfsk facing ACAT in the pursuance of118 ¢haritsble obleclives. The Risk Regi3ter 1$ a stsnding item at meetings of the Board of Truste¢s and d8tai1s the controts and actlons laken to mlligate risk. Operational Tnanagoment ￿$ts the Councll of Management vthlch, In addillon to meeting wilh the Board of Trusto0$ three times a year, holds an additional four meetings a year by tdeL))nterence. The Chair of ACAT is responsible lor the opèrational management of the organisalion and is support by a vi¢&thalr and IreasureT W are d80 Trustees. The chalr ofACAT manages and supports the ACAT administration rn8nager, the administrators and the Project and Liaison Offic8r. Public benefrf enlty We havo referred to the guidance cr￿￿1n¥d In the Ch8rity Commlssion's general guldancg on public b8neffil whgn reviewing our aims and objective8 and in ￿an￿kng our fLrtura activitres. In particular, th¢ trustees consider how planned 8¢tivitios vJill contribLrte to the alms and obledvos they have set ASSOCIATION FOR COGNITIVE ANALYfic THERAPY TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 JULY2025 The trustees, report W88 apprwd by tho Board ofTrusteè$. Thist•e 27 Apr 2026 Date.. ASSOCIATION FOR COGNITIVE ANALYTIC THERAPY INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ASSOCIATION FOR COGNITIVE ANALYTIC THERAPY I report lo the trustees on my ex8mlnatlon of th9 financial statements of Association for CognitAe Anatytic Therapy lthe tharttyl for the year ended 31 Juty 2025. Responslbllltles and basis of report As the trustees of tha charity land also its dlrectors for the purposes of company lawl. you arg responsible for the preparation of the finandal st8temenl$ in a￿rIance Mlh the requirements of the CompaniesAct 2006. Having sallsfieil mysglf thal the finan¢ial stslements of the charity are not required to be audited under Part 16 of the Companies Act 2006 and are eligibl8 for independent examination. I report in resped of my examination ol the Charity's financial slalemenls carried otsl under seclion 145 of th8 Ch8ritsos Aci 2011. In carrying out my examination I have followed the Directions gwen by the Charty Commission und&r section 1451Sllbl of the CharitiesAci 2011. Indepondent •xamln8rfs statement Since the charity's gross income exceeded £250,000, the independent exatniner must ￿ a member of a body listed in section 145 of the Charities Act 2011. 1 confimi that l am qualified lo undertake the examination because l am a member of thè Associ8tion of Ch8rtèrèd C8rtified AcLountants, whith is one ofthe listed bodies. I have compl8ted rny examination. I confirm that no matters have ￿me to my attention In ￿nnectIOn with the examination giving rne cause to believe that in any rnaterial respect= aco)unling records were not kept in respect of the charrty a8 required by sedion 386 of tho Companie5 Act 2006. the financAal statemenls do not accord with those re￿rdS., or the financial slalemenls do not ￿mplY with the 8¢¢ounting ￿qUir￿M￿nts of section 396 of the Companies Act 20C6 other than any requirernenl Ihal the financial slalemenls give 8 true and fair wew, which is ncl a matter considered as part of an independent examination., or the financial st8lemenls have not been prepared In a¢ox¢Jance wtth tho methods and principles tsf the ststèmènt of Reeommend&d Practice for accounting and repoiting by charities applicable lo charities preparing their finan¢tal ststements in accordance with the Finanaal Reporting Standard applicable in the UK and Republic of Ireland IFRS 102}. I have no concerns and have come across no other rnatters in CLJnnedion with the exarninalion lo which attention shouhl be drawn in this report in Order lo enable a PToper urKlerstanditvJ of the finan¢lal st8temenls to be reached. Laura EvansACCA CB Reid Limited Wadebridge Houso 16 Wadebridge Square PoundbLtry Dorchester DT1 3AQ 28 Apr 2026 Dale: ASSOCIATION FOR COGNITIVE ANALYfic THERAPY STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 JULY2025 UnM8trtct•d Unre$trl¢tsd funds funds 2025 2024 Not•s Income and •ndowments from: Donations andlggacies Charitablo ac11v￿laS Investments other income 40.411 356,326 4,698 21,073 254,419 3,600 Total in¢om• 401,435 282,438 Expondltur• on: Ralslng funds Charitable adivi11o$ other expendkure 149.112 214.711 3.323 139.473 181,898 9,536 10 Totsl •xp•ndlture 367,148 330,707 Ngt Incomo1{?xpwndltUfg) and mov•m?nt In fund¥ 34.289 148.269) R•conclllatlon of fund$: Fund bat8n¢es at 1 August 2024 303,149 351,418 Fund bal#nce8 at 31 July 2W25 337.438 303,149 Thg Statsmgnt offinanoal activities includes all gains 8nd10$s8s recognised in the year. All kncome and expendI￿re dorivg from conunulng activlties. ASSOCIATION FOR COGNITIVE ANALYfic THERAPY BALANCE SHEET ASAT31 JULY2025 2025 2024 Current assets stocks Debtors Cash at bank and in hand 1,068 41,135 353.507 1.075 43.556 391,200 12 395,710 435,831 Credttorn: amounts falllng duo wlthln one yoar 13 158,272) {132,6821 N•t currnnt assots 337.438 303,149 The funds ofth• eharlty Unrestridgd funds 16 337,438 303.149 337,438 303,149 The ¢ompary Is entitted to the exemptlon from the 8th4f( requlrement ¢ontsinad In section 47T of th8 Companie5 Act 2006, for th& ended 31 July 2025. The dlrector8 a¢kno￿edg9 thair responslbllllles for complyir¥J ￿th tho requlroments of th8 coMpaT￿e5 Act 21106 th re8pectto a¢¢ountlng T8¢ords and the preparation of financial stalem•nts. The membor8 have Mt requlrad thg company to obtain an audit of its financjal s1o1omants for the ywin Iwestion in aC￿r￿ar￿ with sectton 478. These ftnandal statements have been prepared in ac¢¢Ydan¢o vAth th• provisiorts applicable to ¢ompante$ 8uWect to the Smal ¢ompaNes ragime. 27 Apr 2026 The financial slaten￿ntS werp approved by the trustees on......................... Tru$te• ASSOCIATION FOR COGNITIVE ANALYfic THERAPY NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY2025 Accountlng pollcles Ch•rfty Informatlon Association for Cognllivo Therapy 1$ o private ￿MPary limited by guarantee Inco￿Orated In Ervjland ond I￿les. The regislwed office 18 &8 Bath House Street, Rfjdth. Bristol. BS16HL. 1.1 Bas1$ of pr•paratlon The finanaal ststements have been prepared In accordance the Char[￿9 govemlng douJmen( Ihe Companies Act 2006, FRS 102 'Th0 Financial Reporting S18ndard appIl￿ble in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Chariti$$: St8t8mènl of Recommènded Practlce appli¢ablo to ¢h8rltles preparing their accounts in accordance with the Flnandal Reporting S18ndard applicable Sn thè UK and RoputAlc of IroEgnd IFRS 1021.. Th8 Ch￿ is a Public Benefit Er￿ty as dofined by FRS 102. The flnancl81 statements are pr8pared in sterfing. which is the fundiond currency of th8 chwity. Monetary amounts in these financlal slat8ments are rounded to the nearest The finanoal $tat8m8nts havè been prepared under the hist￿lca1 cost ￿nyonti0n. The prinap818¢counting policies adopted are set out below. 1.2 Golng concern At ihe time of approving the finan¢io1 statsm6nls. the trustees have a reason8ble expe¢tatlon th* the Charfty has adequate ￿$our¢e8 to ¢onb"nue in operats.ond e￿StenCe for the foresee8ble future. Thus the trLBtee8 continue to adopt the golng concem b8818 of a¢counllng in preparing tho flnanclal slal8menls. 13 Charitable funds Unrestricted funds are available for ￿e at the dlscrellon of th¢ trustees In furtherancL of thelr chaiilable oblgctives. 1A Incom• Income is recognised when the ¢harity Is lagally èntiued to il after any performance condltions havo been met. the amounts can be measured r8li8bty. and it is proboble that in￿rne will be received. Cash donations arg r8cognisèd on ￿Ceipt. Other donations are recognised On￿ th8 charty has been Mlifi•d of the donation, unless perfonnance conditions requlre defeTral of the amount. Income tsx recovergblg In relation to donattr)ns receSved under GIft￿d or deeds of covenant is recogni8$d al tho Ilme of th• donation. LegacAes are recognised on receipt or othervise if the charity has been notified of an impBnding ￿￿tributo0￿. the amount is knoTr￿. and receipt 18 expected. H tho aMoL￿1 Is not kncjwn, the legacy is treated as ¢onting6nt asset. 1A Expendlluro Expenditure 5s recognised once there is a legal or ¢onstru¢tivg obligatEon to transfer economlc benefit to a third party, 51 1$ probablg that a transfer of gconomic benefit8 will be required in sottlemgnl, and th• amount the oblwation Can be mèasurgd reliably. Expendiiure 15 da55ified by advlty. The costs of eaGh aGtivty are made up of the total of dir*t costs and $hared costs. incFuding support costs involved In undertaking each actNIty. Direct costs attributatle to a single 8(*lvity are allocated dlrectty to Ihat activity. Shared costs whlch contribute to more than one activlty and support ¢osls which are not attributable to a single activlty are apport60n￿ b&￿en those actThiities on a basis ts)nsi8tenl with the use of resourcEs. Central staff ojsts are allocatsd on the basis of time spent, and deprerAation charges are allocated on the portlon of the asset's us8. ASSOCIATION FOR COGNITIVE ANALYfic THERAPY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY2025 Accountlng poli¢1 {Contlnuodl 1A Stocky Sto¢ks are stated at the lower of ¢08t and estimated selling pri¢e less costs to complele and sel. Cost comprises direct m81erial$ 8nd, Vthere appllcable, dlrect laljour ctssts and those overheads that have been incurred in bringing the stocks to their PTesent location and condition. Items held for distribution at no or nomlnal consld&alon are measured the lower of replacement (>Jst and (xjst Net realisable value is the estimated Selling wice less all estimated c08ts of ccrfnpletion ¢0sts to bo incLbrred in ma￿etiTrg. selling and (thstribution. 1.7 Catsh and ¢a$h equivalents Cash and ¢a$h oqulvajents Include cash In hand, depos￿$ hgld at call wlth bank$. oth8r SI￿￿terni Ilquld invèstm8nts with origin81 maturities of threè months or lèss, and bank ovordrafts. Bank Dvordrafts are shown within È*)rrwng8 in current Ilabllrfle& 1.8 Flnanclal instruments The charity has elected to appty the provisions of Sectton 11 'Basic Finanoal Instruments. and Sect¢on 12 'Other Finandd Instruments Issues. of FRS 102 to all of tts ffinanclal Inslrumersts. Flw¢iat instrumwts aY¢ recognisè(I In the ¢harity'$ b8lan¢e sheet vthon th¢ ¢harity becomes poty to the conlfthl provlslonB ofthB In8tNment Financial assets and liabilities are offset. with the net amounts presented in the finanual statements, when there Is a legally enfoTceable right to set off Ihe recognlsed amounts and there b on Intenyon to settle on a net basis or to realise the asset and setue the liability simultaneousty. Basic rH￿nclaIa5sOts Basic financia] a$8ets, vthith indude debtor8 and cash and bank balances, are initialty rneasured transaction prick induding transaction costs and are subsequently carried al amorti5ed cost using the effective interest method unless the arrangement constitules a financing Iransactton, where the transa¢Uon 18 measured at t￿ present vdu8 of th8 future re¢oipts discountsd al a markat rate of intgrest. Financial assets classified as ￿ceIvable vAthin one year are not 8morttsed. B•sl¢ Iln•ncl•llWabll Basic financial liatmlibes. induthng Grpdliors and bank loans are Inmalty recognised at transact*)n Price unless the arrangement constituies a financing transaction, vthere th& debt instrument is measured al the prgsent value of the fvrture payments thscounted at a maTkel rate of interest. Financial liabilities ciassified as payable within one year are not amortised. Debt Instrurnents are subsequenlly canied at 8mortls8d cost, using t￿ effectfve Interest Tate method. Trade creditNs are obllgallons to pay for good8 or servi¢es that have been aCquI￿d kn the ordlnwy course of operatlons from suppliers. Amounts payable are da8STfied as ￿rIen1 Ilabllllies If payment Is wthin one year or le$s. If ￿1, thgy ore presented as noTrvJrrent liabilities. Tradg uediloT5 are rowjnised initially at Iransactitw prfce arKI subsequenuy measured at arno￿$ed cost uslng the effe¢tlve Interest method. Dwpcognlllon of fman¢lalll•bllhie8 Financi81 liabiiititts are derg¢ognised when the thaiity'B corrtractual obligations ewre or are dis¢harged or Cancelled. 1.9 R￿rnMent boneffts Payments to defined contribution retirement benefit 8cheme8 are charged a5 an expen8e a8 fall dua. ASSOCIATION FOR COGNITIVE ANALYfic THERAPY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY2025 Income from donatlons and1oga¢lo Unrestrlctsd Unrestrlcted funds fundg 2025 2024 Donaticns and gifts Lego¢19S 200 40.211 1,111 19,962 40.411 21,073 Income from ¢harltabl• actlv5tl•s Unrestrktod Unr•strlctod funds funds 2026 2024 Incom& from charltable actlvltles ACATtralnlng and other ¢ourse8 Conference Income V*ITk8hops Book sales and other Income IAembership subscriptions 91.612 92,924 37,055 75 134,660 59,083 43,565 40.726 111,001 356,326 254,419 In¢om• fmm Invostmonts Unre$trl¢ted Unrestrlcted funds fund$ 2025 2024 B8nk interest received 4,69B 3,346 Olh•r Incom• Unrèstrf¢t•d UnYeBtrlcted funds funds 2025 2024 i)ther Income 3,600 ASSOCIATION FOR COGNITIVE ANALYfic THERAPY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY2025 Expendfture on ralslng fund$ Unr•strfcted Unreslrlct fund$ funds 2025 2024 Fundralslng and publl¢lty ACAT trainlng and development CO818 Conferences WorksPy$ 99,090 50,022 87.561 38.402 13,510 149.112 139,473 Exp•ndfturn on eharltable activitie5 Total 202S Total 2024 Dlreet costs staff costs Sundries Consultan¢y and other slaff costs Council and committee expenses RenL rates. service charges and ublits¢s In$Lw8n¢o Printing, postap and 8tatlon&ry MarktitirYJ Telephwo Computer costs Legal and professional SubBcriplions Interest (*argo 78,200 1,947 53,903 8,583 18,008 3,402 366 3,781 1,001 40.787 297 74,805 1,985 10.939 3,820 22.103 1,026 801 7,259 931 50,m 1,531 li 1,396 3.040 1,975 3.651 214.711 181,698 Analysls by fund Unrestricted fvnds 214,711 181,698 Trustses There were no trustees remuneration or beneffts for th8 yaar anded 31 Juty 2025 rKJrforthe year ended 31 July 2024. Trusts•*' ￿penS DLÈring the year three 12024 - Iru5t8es were r¥lmbursgd •xp8nses totalling £1.708 {2024 - £263} for expenses induding travel. ¢on8ulb'ng and COnferer￿ fe08 during the year. 10- ASSOCIATION FOR COGNITIVE ANALYfic THERAPY NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY2025 Employees Th• av8rage monthty numbw ofemployee8 durfng the year was.. 2025 Number 2024 Numbèr Employm•nt eogts 2025 2024 Wages and $alarieg Soct8J secuFIty costs Other pernion costs 74,944 1,569 1,687 72,507 1,614 78,200 74,905 There wer• no fjmploy8es whose annu￿ remuneration was more than £60,000. 10 Oth•r expenditure LlnMstrlet•d Unr•8trl¢t•d funds funds 2025 2024 Governance 3.323 9.536 The Indep8ndont Examiners remuneration #mounts to Inde￿ndant Examination fee of £2,40012024- £1800) which induded £1,200 P025- £1.000} for preperation ofthe accounts. 11 Taxatlon The Charity is exemptfrom taxation On its a¢llvM¢s becaus& all its income is apptied f￿ ¢harftabte wrptsBes. 12 Debtors 2025 2024 Amounts falllng due within one yur. Trade debtors Other debt￿S Prepayments and accrued tncome 13,331 20,240 7,584 1,880 23,153 18,723 41,135 43,556 11 ASSOCIATION FOR COGNITIVE ANALYfic THERAPY NOTES TO THE FINANCIAL STATEIJIENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY2025 13 Crodltoys: amounts falllng duo wlthln ono yoar 2025 2024 Other tsxalion and social securfty Trade creditors Other credltors Accruals and deferred inc￿0 837 15,357 325 41,753 18,694 418 112,304 5B,272 132.682 14 R•Ur•m•nt b•n•fit sch•mo9 2025 2024 Defined contrfbutlon schamos Charya to profit or Ioss in reBpect of dèfined eontrfbutlon 8¢hemes 1.687 1,814 During the year, the ¢harfty paid into a defined contiibution pension Scheme. The totsl for Iha year of £1,087 (2024: £1,614) 1$ indudad within expenditure in the Statement of Flnanual Acuvitoes. Thorn wa$ £325 outstanding pension contributions at the ￿ar or•J12024'. £4181 15 Unrestrlcted funds The unrestrtctgd funds of the charity compiise the un8xpende(4 bolanco$ of donatOon$ and grants whth are not su4.oct to spwfic conditions by dorH)rs and granloT5 as to how they may b¢ us•d. At 1 August Incornlng 2024 resou￿e$ Rosources expended At 31 Juty 2025 G￿￿Tal funds 303.149 401,435 1367,1461 337,438 Provlous yur: At 1 August 2023 Incomlng rKour¢6s Resources expendgd At 31 July 2024 G8n8ral fiJnd8 351,418 282.438 1330,7071 303,149 16 Related party tran8actlons There were no dlsdosable related paty transactl¢)n$ the year (2024- none}. 17 Anatysis of chang•s In not fund$ The charlty had no matgrtal dgbt during the year. 12-