Company registration number.. 07693256 Charlty reglstration number., 1144232 The Deborah Ubee Trust Ltd IA company Ilmlted by guarantee) Annual Report and Financial Statements for the Year Ended 31 March 2024 Fleld Sullivan Limited 9 Hare & Billet Road Blackheath SE3 ORB The Deborah Ubee Trust Ltd Contents Reference and Admlnistrative Detalls Trustees, Report 2to13 Independent Examiner's Report 14to15 statement of Flnanclal Actlvltles 16to17 Balance Sheet 18 Notes to the Flnanclal Statements 19to31 The Deborah Ubee Trust Ltd Reference and Administrative Detalls Chalrman K NlghtlnBale Trustees A Clarke KDev A Longley R Mckeverne K Nightlngale N Reeves Senlor Management l Leadershlp Team D Hubble Ajohnston (from 28 June 20221 Charlty Reglstratlon Number 1144232 Company Reglstratlon Number 07693256 Reglstered Offlce 20 Egerton Drlve London SEIO 8JS Independent Examlner Fleld Sulllvan Llmlted 9 Hare & Billet Road Blackheath SE3 ORB Page I The Deborah Ubee Trust Ltd Trustees, Report Chalrfs report: The year 2022-2023 has been one of posltlve actlon and change for the DUT. Four new Trustees were appointed, with a range of relevant skllls, Including a Treasurer and they continue to meet bi monthly. The Charlty 31s0 amended is Charitable objects to better reflect its core mission and servlces offered. Development of the servlces has been evldent and particularly the children's servlces. The DUT passed Its IIP bronze award and has been supported by the IIP assessor to develop some succession planning strategles. Fundraising has been successful thls year generatlng new services and growth in the provlsion of one-to-one therapy 5UPPOrtlng marginalised cllents with thelr mental health. Statement The Trustees {who are also dlrectors of the charity for the purposes of the Companies Act) present thelr annual report together with the financial statements of The Deborah Ubee Trust {the Charltyl for the year ended 31 March 2024. The Trustees confirm that the Annual report and financial statements of the Charlty comply with the current statutory requirements, the requlrements of the Charity's governing document and the provlslons of the Statement of Recommended Practice ISORPI Accountlng and Reportlng by Charities" issued In March 2005. STRucfuRE, GOVERNANCE AND MANAGEMENT- governlng document: The organlsatlon is a charitable company Ilmited by guarantee, incorporated on 5 July 2011, and registered as charlty on Ilth October 2011. The company was established under a Memorandum of Assoclatlon, which establlshed the objects and powers of the charltable company and is governed under Its Artlcle5 of Association. In the event of the company being wound up members are requlred to contribute an amount not exceeding Elo. The Trust updated its ¢harltable Objects wlth the Charlty commlsslon thls year to the followlng: The Charitv's objects are the preservation and protectlon of mental health, and promotlng better emotional wellbein& by; Al Offerlng a professlonal and effective ¢ounselling servlce for all, irrespective of their abillty to pay. Bl Provldlng a holistlc, therapeutic support service tallored to Individual need, includlng speclallst 1-2-1 trauma informed counsellln8, domestlc and sexual violence specialist support, and engaging with neurodlverse adults and children. Cl The provision and delivery of therapeutl¢ workshops and groups -helplng 5ervlce users meet their own needs and to partlclpate more fully in soclety. DI Worklng wlth other partners to meet the above objectives, to share and disseminate best practlce, develop specialist knowledge, ralse awarene55 of and the understandlng of mental 111-health, and to reduce the stigma and taboo associated with seeking mental health support. Recrultment and appolntment of Trustees Our trustees have a broad range of skllls and experience and show a wllllngne5S to continue to develop their knowledge of the day-to-day business and practlcal work of the charity. All trustees are selected for their understandlng of the ethos and the aims of the charityi giving thelr tlme voluntarily, without beneflt. Organlsatlonal structure and declslon-maklng The trustees meet regularly throughout the year to agree the strateglc direction and pollcy of the charity. The day-to-day responslbllity of runnlng the charity rests with the Children's servlces director and the Dlrector of Adult SeNices, although Trustees engage in the recruitment process and interviewing of dlrectors and senior managers. They are responslble for ensurlng that the charity delivers the services specified and that performance indicators are met. They are also responslble for developin8 skills and working practlces in line with good practice. Page 2 The Deborah Ubee Trust Ltd Trustees, Report Rlsk management Adoptlng the risk management model based on the Charity Commisslon document CC26 uslng the scoring system for Impact, Ilkelihood, and overall rlsk our Trustees looked closely at the effects, planning and budgeting accordingly: The major rlsks Identlfled are as follows: Reserves and fundlng of buslness: The Trust is now engaged In seeking funds from new fundlng sources and explorlng new partnership opportunltles too. We are promoting the hire of our prem15es at weekends for wellbeing related practlces and have secured bookings for the coming year. Budgetary control and monltorlng.. The Trust reconciles the bank accounts monthly and produces quarterly variance reports to put together accurate budgets and to oversee the allocation and spending of funds. Samuel ljaopo our finance manager, oversees the day to day running of the finances. Structure and successlon plannln8: We are collaboratlng with our consultant from Investors In People to plan our new organisational structure which wlll include a five-year successlon plan for two key members of staff retirlng. Dlsaster recovery and plannlng: We wlll contlnue to back up data and ensure that Insurance15 adequate. Purposes and alms: Our charlty's objectives, 3$ set out in the companws memorandum of association, are to promote the value of emotional health and wellbelng and offer therapeutic services to all Irrespective of means to pay by.. - Promotlng emotlonal wellbeing and raising awareness on emotional health, Providlng a range of therapeutlc servlces to all, Provlding support and tralnlng to placement counsellors, Promoting good practlce around therapeutic interventions, Offering continuing professional development to practltioners. The aims of our charlty are to promote emotlonal health by providing counselling to those who are otherwlse unable to access It, withln the London boroughs of Greenwlch Lewisham and Bexley. In addltion to our I:1 counselling service we provide access to a range of holistic therapies and group workshops, We aim to provide regular and varied Professlonal Development trainlng to our practltloner team. Page 3 The Deborah Ubee Trust Ltd Trustees, Report Thls year DUT servlces provlded the followlng: Cliildrtsn ond Young Peopl& Chlldreii ond Young People por yeor. Theropeutic huvrs c&Yp 360 Chsldrtn ut)d Ytsung People rcceivc a Ivork51iop Chllclron & Youiig Peoplè JrtsPPOrted Adults pe¥ yedr Tlieropeiitic F¢oui8 Atlults Adijlts 173 dull CliÈnts ottenil wovkshtsp OT cour5Q Adults suppo¥tc.d Adults re£elvliicJ LOUtI)ii)y tsQ581ons Overall number ot people supported ea¢h year Adult se￿ICe Summary Demand for our 5ervlce contlnues to grow and we are supporting more cllents and evolvlng In new and excltlng ways, led by feedback and conversatlons wlth our servlte users. Thls year was our biggest ever reach. During this perlod, we worked wlth adults, offerlng Indlvidual, tailored support for up to 24 sesslons per client. We were able to offer clients trauma informed therapy, psychodynamic therapy, person-centred therapy and dance and movement psychotherapv. Additionallyi clients accessed varlous workshops. We wlll be developing a new serles of workshop5 In the comlng year In response to our client feedback. These wlll Improve mental health and wellbeing. Page 4 The Deborah Ubee Trust Ltd Trustees, Report We contlnue to work in partnership with other organlsation's Includlng the Her Centre, Slgnal and GDCA. We are regularly commissloned by Greenwlch and Lewlsham soclal care for indlvldual cllent work. The adult counselling service starts wlth a confldentlal assessment so that potentlal cllents can be placed with the most approprlate therapist. Clients are provided with weekly counselling sessions with most clients receivlng 24 weeks. Undertaken every 6-weeks, the clientlcounsellor revlew ensures that clients contlnue to recelve the rlght support for their needs. We ask our clients at the assessment stage to answer the followlng questions. Mostlyi our cllents feel tense, anxlous, or nervous most of the time. We measure thls durlng and at the end of thelr counselling wlth us, here we find a IOOYO improvement for clients who have completed a course of counselling with us. Not at all Only Occasionally SDtneiimes Ofiei) Most or all of the time l. I have felt tense. anxious or nervous 2. 1 have felt I have someone to turn to foi sup- poit when needed 3. 1 have felt able to cope when things go wrong 4. Y3lking to people ha5 felt too much foi me 5. 1 have felt panic or terror 6.1 made plans to end my lile Feedback from Adult one to one servlce: 'My counselling sessions with the Deborah Ubee Trust were hugely valuable to me. It meant that I hod a sofe space to go every week where Ifelt supported and acknowledged. My counsellor really enabled me to feel seen and listened to and was incredlbly patlent and Insightful. I will always appreciate the invaluable support I hove recelved through the Deboruh Ubee Trust over the past 6 months. Not only have I been able to explore blg topics, but I have also managed to Implement some changes in my life which are alret7dy having o positive impact ond I'm certain will continue to do 50. Thonk you so much, genulnely.- Page 5 The Deborah Ubee Trust Ltd Trustees, Report he therapy I recelvedfrom C was nothing short of life changing.1 When I signed up to receive help from the Deborah Ubee trust I was completely ot a loss with reoulatlng my emotlons, tracing their origln, worklng out how to work on myself. D*** matched me and C*** perfectlyi from the first se55ion Ifelt I could trust her and that I was heard. I had a traumatic experience with the NHS CAMHS seNlces whlch put me off hovlng therapyfor yeors, olongslde the prlce point of privote therapy belng completely out of reach for someone such as myself on a low income. I learned so much every week through my sessions wlth C who handled the work wlth core, o good eor and a great sense of humour which made me feel 50 Ot ease. I left my sessions eoch weekfeeling liberated and vulidated, ond now I go about each day with the vocabulary and the assurance to look after myself and listen to myself and help to nurture myfeelings. C not only taught me obout the woy thot trauma and generational trauma has affected my life, but t7bout different attachment styles and their Influence. Also, upon reallsing that I was up for doing the work, and more psychologlcally minded, taught me some of the Scientific side of how my mlnd wos worklng. This was intere5tingi and Ifelt lucky to be paired with someone so passlonate about what they do. I cannot thank The Deborah Ubee Trust enough for how they hove helped me." *** *** *** "Ifeel incredlbly lucky and grateful to have benefitedfmm psychodynamic therapy at The Deborah Ubee Trust. This 15 because I have found It to be Incredlbly effective, and Ilfe-changing - ond this Posltive effect isfar greater than l ever thought it could be. Unfortunately, I came to The Deborah Ubee Trust at u tlme offeeling incredibly low. Because the Trust helped me to turn thls sltuutlon around, ond to be hugely more positive wlth myself and everyone l encounter in my life, I will neverforget the experience ond how positive it hos been. Thank you for provldlng thls Ilfe-chonglng experience. "When I came to the Deborah Ubee Trust Ifelt desperate ond stucki plagued by such distressing feelings ond dlsturblng thoughts that I ran over and over in my head. I couldn'tfind a way to stop them orfeel better- ond I knew my terrible depression was unbearable not only for me but for my children and close friends. I found It hard to functlon and thought I mlght lose my job. I struggled to Ilnd any Joy In Ilfe. The NHS had been unoble to offer me any help. (Even though I'd been 5ulcldal, It had token the NHS a year to offer me counselling. But that wos so bad and unhelpful that, although I was desperate, I'd qult after two sesslons.) I dldn't hove enough money to see a counsellor privotety. Then someone mentioned low-cost counselling at The Deborah Ubee Trust. Ifind It hard to descrlbe whot happened in the counselllng room. Looklng back, it olmostfeels like magic. I had felt so distre55ed, so sad, so broken but those weeks of being with K*** talking openly ond honestlyi examlnlng my thoughts ondfeelings, being (gently) challenged and developlng an understondlng of why I wos feeling as I was- were so important to me. K*** gove me the 5UPPOrt, the understandingi the warmth to move forward. She's o brllllont counsellor. I honestly do not know what I would have done wlthout her." Page 6 The Deborah Ubee Trust Ltd Trustees, Report Feedback from our workshops: Please let us know if there is anything specific you would like from the workshop better ill ".} techniques useful tips informative about my feelings,*t¥•nl mechanism self care clients self esteem strategies low Mood anxiety and stress I ong periods 7SD eaT'iy sigi,, ",d e£ihaiice work colleagues understanding into these emotions signs of anxiety "I would hlghly recommend thls course to anyone, struggllng wlth stress and anxlety." "How informatlve and varled It was, covering many aspects in very interactive ways and yet always feellng safe. o deal lor at least glve a start to dealln81 with my fear of soclalislng within groups, I feel very proud of myself and know I wlll be able to go on with social life." 'Embrace my fightlfllght response. To practise sharing and listenlng after a perlod of forced lextremel isolatlon. To contlnue to consider if I'm truly soothlng negatlve motlvatlon and forgive "procrastination." Under 18,5 SeThlce Summary All the chlldren and young people accessing the trust receive a full In person assessment, complete YP-Core and outcome stars and complete an onllne Intake form. This enables the trust to allocate these children and young people to the best suited therapist, we offer art psychotherapy, dance and movement therapy, play therapy and talklng ther3py, our therapists are all trained to work with ACE'5 (Adverse chlldhood experlencesl, have had speclallsed neurodiversity and domestlc abuse tralnlng, and we work in a trauma informed way including trauma Informed sexual-vlolence therapeutic work. Our purpose-built playroom includes an extenslve range of therapeutlc equipment, and our therapists use play and art materlals to help the children work through their difficultles, for example: loss, grlef, abuse, anxletyl attachment issue5 or school refusal. Play therapy is the most effective way to work with children who may find it challenging to express their feelings verbally. Through play, they can communlcate without using words. We have Just designed and Installed a multi-sensory room wlth purpose-bullt furnlture and equlpment to better support the chlldren we see wlth speclflc sensory needs. Enabling better engagement with children who are not neurotyplcal. We specialise in working wlth Domestic Abuse, Sexual Abuse and Neurodlverslty. Page 7 The Deborah Ubee Trust Ltd Trustees, Report Age range of the chlldren In the servlce IC-1:. 18 Gender of thlldren and youn8 people's servlce ec. r*N31e ,lon-b l'ar, ¢rrf0 Sèel:i.".J -i). '.Jft lYfJ9è 30 L-c31 ￿'J￿￿- r.,p. C3r= P'Jfi %':Lth C&.'or.d!49 an" i i.lone -f iré 3bu%'e c-.nef Others Included: emotlonal abusei parental separatlon, neurodiversity, bullylng and challenging behaviours. None of the above Included: anxlety, loss, parental allenation, school refusal, anger, homelessness. We have worked wlth: 185 chlldren and young people In a 1-2-1 provlsion, including our commlssioned work, partnership work and In-school provlslons. This is now the largest CYP {Chlldren and Young People) provlslon in DUT history to date. other work Included: LSnton Mead commlssloned us to provlde 1-2-1 support for thelr chlldren I day a week and trauma informed training to their staff. Park View commissioned our debrleflng servlce for thelr staff, and we provided one teaching group reflectlve practlce to trial the service. Staff training and support to parents who are struggling with their chlld's mental health. We also delivered 1-2-1 therapy to children at the school. Continued to work with domestlc abuse partnershlp HER Centre- uptake/referral process thls year saw 12 childrenlfamilles. Delivered 'worry workshops, In several Greenwlch schools reachlng 40 chlldren supported wlth anxlety. Deslgned and dellvered workshops for Anxiety in Secondary schools reaching 40 young people. Provlded workshops on both anger and friendshlps seelng 60 chlldren In a school settlng. Designed and developed a self-compasslon and self-harm workshop for teens, thls saw 20 chlldren over a longer perlod, feedback for this was excellent. Child Soclal Care commlssioned DUT to work wlth 10 children over the period. Early Years Alliance commissioned 10 therapy places thls year. Dellvered CPD Icontlnued Profession31 Development) tralnlng for all cllnlcal staff on Neurodlversity, working with difference in the therapy room, LGBTQIA+ trainlng, group facilltationlpresenting workshops, Investors in people accredltatlon obtained. Page 9 The Deborah Ubee Trust Ltd Trustees, Report Future for under 18's Deliver more of our workshops In local schools and expand our therapeutlc provlslon acr055 our borou8hs. Dellver our workshop for children diagnosed with ASD. Deslgn new CPD for our staff and volunteers, Design and dellver trauma Informed trainlng with our partners and schools. Feedback from thls cllent Group: "I really want to thank my therapist for her support, she allowed me the space and time to talk through the dlfficult life sltuatlons I was dealing wlth. She helped me to see that l am not my problem, and I can be whatever I want to be. Thanks to her and everyone for the support.. "Seeking help from the DUT Is helpful for anyone who is upset or stressed; It Is a fantastic way to relieve heavv burden5 or Just if you want to talk stuff through, staff are non-judgmental, kind, and easy to talk to." "Counselling has really helped me to learn to cope wlth dlfficult events and sltuatlons. I have been able to sort through old memorles I pushed aside for so long and learn more about why l act the way I do." Feeback from our partners remalns posltive, our reputatlon is growlng, and enqulrles about our services are at an all-time hlgh. School feedback Shows children are more engaged In class and anxlety has been reduced after intervention. Parents feedback indlcated a marked Improvement in behaviour after the Interventlon and interactions with friends and family are much more positive. The way forward: We know early Intervention Is key to support our children and young people, we work with the key focus on Interventlon, Preventlon, and Growth. It Is better to prevent problems from occurring in the first place than to try to fix them after they have developed. This is because early intervention can reduce the Impact of problems on chlldren's learning, development, and wellbelng. In the comlng year we plan to expand the ¢hlldren service further, both In our centre and in our local school community. We wlll design and dellver 3 new serles of workshop5 for both children and parents to support emotional regulatlon and wellbeing in the familles we support. Speclal thanks to our funders who recognlse the need for early Interventlon. The Henry Smith Charity The Hearn Foundation Zurich Community Trust The Natlonal Lottery. Page 10 The Deborah Ubee Trust Ltd Trustees, Report And our partners The HER Centre Slgnal Early Years Alliance Lewisham and of course, all our schools, Prlnclpal Fundlng Sources: The National Lottery Zurlch Community Trust Henry Smith Foundatlon The Hearn Foundation Wlth speclal thanks to: Joan Sakas Quiz fundraiser, Llnda Hughes Cholr Fundralser, Llly Ubee part fundraiser, Awards for All for our new sensory room, Great South run (Tlna, Martln, and Lesley) Anna who run the London Marathon for us. 6 wonderful tritonslparents who ran the London Landmarks half marathon, Leyla, Lauren, Martln, Isa, Kath, and Stephen Sally Paxton The Deborah Ubee Trust Is extremely thankful to the Paxton family for choosing our children and young people, servlce as the beneficiary of the very generous donatlons glven by thelr frlends and relatlves In memory of their cherished daughter, Sally. A very generous donatlon from The Jesslca Mathers Trust. Plants from the Peabody Houslng Association - Arthur Rayner and Sacha Byrne. Publlc beneflt The trustees have had regard to Charity Commisslon guidance on public benefit. Flnanclal Revlew - Reserves pollcy The trustees have decided that the charlty requlres that reserves are 3 to 6-months of expenditure. Page 11 The Deborah Ubee Trust Ltd Trustees, Report Trustees and offlcers The trustees and offlcers serving during the year and since the year end were as follows: Trustees.. P Ubee (resigned 12 October 2023) M Slmp50n Ireslgned 12 October 2023} G Russell Ireslgned 10 July 20231 K Slnclalr (reslgned 21 July 2023) A Clarke (appolnted 14 November 20231 KDev A Longley lappointed 14 November 20231 R Mckeverne (appointed 12 October 20231 K Nlghtlngale N Reeves (appointed 12 October 20231 Chalrman: K Nlghtingale Senlor Management l Leadership Team.. D Hubble A Johnston Statement of trustees, responslbllltles The trustees {who are also the directors of The Deborah Ubee Trust Ltd for the purposes of company lawl are responsible for preparing the trustees, report and the flnancial statements In accordance wlth applicable law and United KlnEdom Accountlng Standards Iunlted Klngdom Generally Accepted Accountln8 Practlcel, Includlng FRS 102 "The Financial Reporting Standard applicable In the UK and Republic of Ireland" Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the flnanclal statements unless they are satlsfied that they glve a true and falr vlew of the state of affairs of the charitable company and of the incoming resources and application of resources, Includlng its Income and expenditure, of the charitable company for that period, In preparing these financlal statements, the trustee5 are required to: select sultable accounting policies and apply them con51stently,' observe the methods and prlnclples In the Charltles SORP,. make judgements and estlmates that are reasonable and prudent; state whether appllcable accountlng standards, comprlsing FRS 102 have been followed, subject to anv material departures disclosed and explalned In the financlal statements; and prepare the financial statement5 on the golng concern basls unless It Is Inapproprlate to presume that the charltable company wlll continue In buslness. Page 12 The Deborah Ubee Trust Ltd Trustees, Report The trustee5 are responsible for keeping proper accountlng records that can disclose with reasonable accuracy at any tlme the financlal posltlon of the charitable company and enable them to ensure that the financial statements comply with the Companles Act 2006. They are also responsible for safeguarding the assets of the charltable company and hence for taklng reasonable steps for the preventlon and detectlon of fraud and other irregularities. The trustees are responsible for the malntenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from leg151atlon In other Jurisdictions. The annual or pproved by he trustees of the charity on 31 August 2024 and slgned on Its behalf bv: K Nightingale Chalrman and trustee Page 13 The Deborah Ubee Trust Ltd Independent Examlner's Report to the trustees of The Deborah Ubee Trust Ltd {'the Company,) I report to the charity trustees (who are also Dlrectors for the purpose of company lawl on my examinatlon of the accounts of the The Deborah Ubee Trust Ltd I'the charitable company'l for the year ended 31 March 2024 which comprise the Statement of Flnancial Actlvities, the Balance Sheet and related notes 16 to 31. This report is made solely to the charity's trustees, as a body, in accordance wlth section 145 of the Charities Act 2011. My work has been undertakèn so that I might state to the charitws trustees those matters l am required to state to them in this report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responslbillty to anyone other than the charity and the charity's trustees as a body, for my work, for this report, or for the opinions I have formed. Responslbilities and basls of report As the charity's trustees of The Deborah Ubee Trust Ltd you are responslble for the preparation of the accounts in accordance with the requirements of the Companies Act 20061'the 2006 Act,). Having satlsfied myself that the accounts of The Deborah Ubee Trust Ltd are not required to be audlted under Part 16 of the 2006 Act and are eligible for independent examinatlon, I report in respect of my exarnination of your charlty's accounts as carrled out under sectlon 145 of the Charities Act 20111'the 2011 Act'}. In carrylng out my examination I have followed the Directions given by the Charity Commisslon under sectlon 14515llb) of the 2011 Act. An Independent examinatlon does not Involve gatherlng all the evidence that would be requlred In an audlt and consequently does not cover all the matters that an auditor considers In 8lvlng thelr oplnlon on the financlal statements. The plannlng and conduct of an audit goes beyond the limited assurance that an independent examination can provlde. Consequently l express no oplnlon as to whether the flnancial statements present a 'true and falrf vlew and my report Is Ilmlted to those 5peclflc matters set out in the independent examiner's statement. Independent examlnerfs statement Since The Deborah Ubee Trust Ltd 's gross income exceeded £250,000 your examlner must be a member of a body Ilsted In section 145 of the 2011 Act. I confirm that l am qualified to undertake the examinatlon 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 attentlon In connection with the examlnation glvlng me cause to belleve: l. accounting records were not kept in respect of The Deborah Ubee Trust Ltd as requlred by sectlon 386 of the 2006 Act. or 2. the accounts do not accord wlth those records; or 3. the accounts do not comply wlth the accounting requlrements of sectlon 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 examinatlon. or 4, the accounts have not been prepared In accordance with the methods and prlnclples of the Statement of Recommended Practlce for accountlng and reportlng by charities appllcable to charities preparing their accounts in accordance wlth the Financial Reporting Standard applicable In the UK and Republlc of Ireland IFRS 1021. Page 14 The Deborah Ubee Trust Ltd Independent Examiner's Report to the trustees of The Deborah Ubee Trust Ltd ('the Company'l I have no concerns and have come across no other matters in connection with the examlnatlon to whlch attention should be drawn in this report in order to enable a proper understandlng of the accounts to be reached. Timothy Sulllvan ICAEW 9 Hare & Billet Road Blackheath SE3 ORB /u 2024 Page 15 O tJ) SD to * ￿ o r* In Ln m o) o ¢D tD ¢Ji m w u) m HtD The Deborah Ubee Trust Ltd (Registratlon number: 07693256) Balance Sheet as at 31 March 2024 2024 2023 Note Flxed assets Tangible assets 14 764,454 774,446 Current assets Debtors 15 16,775 182,469 36,247 102,201 Cash at bank and in hand 16 199,244 138,448 Credltors: Amounts falllng due wlthln one year 17 15,5871 112,7231 Net current assets 193,657 125,725 Net assets 958,111 900.171 Funds of the charlty: Restrlrted Income funds Restricted funds 65.565 108,351 Unrestrlcted Income funds Unrestricted funds 892,546 791,820 Total funds 18 958,111 900,171 For the financial year ending 31 March 2024 the charlty was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Dlrector5' responsibilities.. The members have not required the charity to obtain an audit of Its accounts for the year in question in accordance wlth section 476,. and The directors acknowledge their responsibilities for complying with the requlrements of the Act with respect to accounting records and the preparation of accounts. The financial statements on pages 16 to 31 were approved by the trustee5. and authorised for issue on 31 August 2024 and signed on their behalf by.. 1511012024 K Nightingale Chairman and trustee The notes on pages 19 to 31 forrn an integral part of these financial statements. Page 18 The Deborah Ubee Trust Ltd Notes to the Financlal Statements for the Year Ended 31 March 2024 I Charlty status The charlty Is Ilmlted by guarantee, Incorporated in , and consequently does not have share capital, Each of the trustees is liable to contrlbute an amount not exceedlng £10 towards the asset5 of the charlty In the event of liquidation. The address of Its registered office Is: 20 Egerton Drive London SEIO 8JS These financlal statements were authorlsed for Issue by the trustee5 on 31 August 2024. 2 Accountlng pollcles Summary of slgnlflcant accountlng pollcles and key accountlng estlmates The principal accounting pollcies applied in the preparatlon of these flnanclal statements are set out below. These pollcies have been consistently applled to all the years presented, unless otherwise stated. Statement of compllance The financlal statements have been prepared in accordance wlth Accounting and Reporting by Charlties: Statement of Recommended Practice applicable to tharltles preparing their accounts in accordance wlth the Financlal Reporting Standard appllcable In the UK and Republic of Ireland IFRS 1021 (effective l January 2019) - Icharltles SORP IFRS 102) - Second edition October 20191, the Financial Reporting Standard applicable in the UK and Republlc of Ireland IFRS 102). They also comply with the Companles Act 2006 and Charities Act 2011. Basls of preparatlon The Deborah Ubee Trust Ltd meet5 the definltion of a public benefit entity under FRS 102. Assets and liabllities are inltlally recognlsed at hlstorlcal cost or transaction value unless otherwise stated in the relevant accounting pollcy notes. Goln8 concern The trustees consider that there are no material uncertaintles about the charity's abllity to contlnue as a golng concern nor any slgnlficant areas of uncertainty that affect the carrying value of assets held by the charitv. Judgements and key sources of estlmatlon uncertalntv In the applicatlon of the charity's accountln8 policies, the directors are requlred to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estlmates and assoclated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estlmates. The estlmates and underlying assvmption5 are revlewed on an ongoing basls. Revislons to accounting estimates are recognised In the periods in which the estlmate Is revised where revlslons affects only that perlod, or in the perlod of the revision and future periods where the revislons affects both current and future periods. Page 19 The Deborah Ubee Trust Ltd Notes to the Financial Statements for the Year Ended 31 March 2024 Income and endowments All incomels recognised once the charlty has entitlement to the income, it is probable that the Income wlll be recelved and the amount of the Income recelvable can be measured rellably. Donotlons and legocles Donatlons are recognised when the charlty has been notified Sn wrlting of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charlty Is entitled to the funds, the Income Is deferred and not recognised until either those conditions are fully met, or the fuifilment of those conditions is wholly within the control of the charlty and It Is probable that these condltions will be fulfilled in the reporting perlod. Grants recelvoble Grants are recognlsed when the charlty has an entltlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the Income Is recognlsed as a Ilabllity and included on the balance sheet as deferred Income to be released. Deferred Income Deferred Income represents amounts recelved for future perlods and is released to incoming resources in the perlod for which, it has been received. Such Income is only deferred when: The donor specifies that the grant or donatlon must only be used in future accounting perlods; or - The donor has Imposed condltlons whlch must be met before the Charlty has unconditional entitlement. Investment Income Dlvldends are recognlsed once the dlvldend has been declared and notlficatlon has been recelved of the dividend due. Expenditure All expenditure is recognised once there is a legal or constructive obligatlon to that expendlture, It Is probable settlement Is requlred and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attrlbuted to partlcular headings they have been allocated on a basis consistent wlth the use of resources, wlth central staff costs allocated on the basls of time spent, and depreciation charges allocated on the portion of the asset's use. Other support costs are allocated based on the spread of staff costs. Charltable actlvltles Charltable expendlture comprises those costs incurred by the charity in the delivery of its actlvlties and services for It5 benefitlaries. It includes both costs that can be allocated directly to such activities and those costs of an Indlrect nature necessary to support them. Support costs Support costs include central functions and have been allocated to activity cost categories on a basis onsi5tent with the use of resources, for example, allocatlng property costs by floor areas, or per capita, staff costs by the time Spent and other costs by their usage. Page 20 The Deborah Ubee Trust Ltd Notes to the Financlal Statements for the Year Ended 31 March 2024 Governance costs These Include the costs attributable to the charity's compllance wlth constitutional and statutory requirements, including audlt, strategic management and trustees meetings and reimbursed expenses. Taxatlon The charity Is considered to pass the tests set out in Paragraph I Schedule 6 of the Finance Act 2010 and therefore It meets the definitlon of a charitable company for UK corporatlon tax purposes. Accordlngly, the charity is potentially exempt from taxation In respect of income or capital gains recelved wlthin categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Sectlon 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes. Tanglble flxed assets Individual fixed a55ets costlng £500,00 or more are Inltlally recorded at C05t. Depreclatlon and amortlsatlon Depreciation is provlded on tangible flxed assets so as to write off the c05t or valuatlon, less any estlmated resldual value, over thelr expected useful economic Ilfe as follows.. Asset class Leasehold Property Property Improvements Computer Equipment Depreciatlon method and rate Iyo Stralght line 1% Straight Ilne 25Yo Straight Ilne Trade debtors Trade debtors are amounts due from customers for merchandise sold or services performed In the ordinary course of buslness. Trade debtors are recognlsed Inltlally at the transaction prlce. They are subsequently measured at amortlsed cost using the effectlve interest method, less provision for impairment. A provlslon for the impairment of trade debtors Is established when there Is objective evidence that the charlty will not be able to collect all amounts due according to the origlnal terms of the recelvables. Cash and cash equlvalents Cash and cash equlvalents comprise cash on hand and call deposlts, and other short-term highly liquld investments that are readily convertlble to a known amount of cash and are subje¢t to an Insl8nlflcant rlsk of change in value. Page 21 The Deborah Ubee Trust Ltd Notes to the Flnanclal Statements for the Year Ended 31 March 2024 Trade credltors Trade creditors are obligations to pay for goods or Services that have been acqulred in the ordinary course of business from suppllers. Accounts payable are classlfied as current liabilities if the charlty doe5 not have an uncondltlonal rlght, at the end of the reportlng perlod, to defer settlement of the creditor for at least twelve months after the reportlng date, If there Is an unconditlonal rlght to defer settlement for at least twelve months after the reporting date, they are presented as non-current Ilabllltles. Trade credltors are recognised Initially at the transactlon prlce and subsequently measured at amortlsed cost using the effectlve interest method. Fund structure Unrestricted income funds are general funds that are avallable for use at the trustees discretlon In furtherance of the objectlves of the charity. Deslgnated funds are unre5trlcted funds set aside for speclfic purposes at the discretlon of the trustees, Restrlcted Income funds are those donated for use In a particular area or for speclfic purp05es, the use of which is restricted to that area or purpose. Penslons and other post retlrement obllgatlons The charity operates a defined contribution penslon scheme which Is a penslon plan under which flxed contributlons are pald Into a pension fund and the charlty has no legal or constructive obllgatlon to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service In the current and prior periods. Contrlbutlons to defined contribution plans are recognlsed In the Statement of Flnanclal Actlvitles when thev are due. If contribution payments exceed the contribution due for servlce, the excess is recognised as a prepayment. Flnanclal Instruments ClasslAlcatlon Flnanclal assets and financial Ilabilitles are recognised when the charlty becomes a party to the contractual provisions of the instrument. Flnanclal Ilabllltles and equity Instruments are classlfled accordlng to the substance of the contractual arrangements entered Into. An equlty Instrument Is any contract that evldences a residual interest In the assets of the charity after deducting all of Its liabillties. Page 22 The Deborah Ubee Trust Ltd Notes to the Flnancial Statements for the Year Ended 31 March 2024 Recognltlon and measurement All financial assets and Ilabllities are initially measured at transaction price lincludlng transactlon costs), except for those financial assets classified as at falr value through profit or loss, whlch are initially measured at falr value Iwhich is normally the transaction price excludlng transaction costs), unless the arrangement constitutes a flnanting transaction. If an arrangement constitutes a financlng transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a simllar debt instrument. Flnanclal asset5 and Ilabillties are only offset In the statement of flnanclal posltion when, and only when there exists a legally enforceable rlght to set off the recognised amounts and the charity intends elther to settle on a net basls, or to realise the asset and settle the Ilablllty slmultaneouslv. Flnanclal assets are derecognised when and only when al the contractual rl8hts to the cash flows from the financial asset expire or are settled, b} the charity transfers to another party substantlally all of the risks and rewards of ownership of the financlal asset, or cl the charityi desplte havlng retained Some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party. Flnanci31 liabllities are derecognlsed only when the obligation speclfled In the contract is discharged, cancelled or explres. 3 Income from donatlons and legacles Unrestrlcted funds General Restrlcted funds Total 2024 Total 2023 Donatlons and legacles; Donatlons from individuals Grants, including capital grants; The Kelly Famlly Trust Mrs Smith & Mount Trust 83,833 83,833 63,871 5,000 5,000 5,000 5,000 Greenwich Charitles Icommunlty Innovatlon Grants) The Henry Smith Charity Zurlch Communlty Trust Her Centre 5,000 30,000 30,000 25,000 60,000 40,000 10,500 12,500 16,050 30,200 60,000 40,000 10,500 12.500 16,050 30,200 The Hearn Foundatlon The Sensory Award The National Lottery Community Fund 73,735 83,833 174,250 258,083 237,606 Page 23 The Deborah Ubee Trust Ltd Notes to the Financlal Statements for the Year Ended 31 March 2024 4 Income from charltable actlvltles Unrestrlcted funds General Total 2024 Total 2023 Fee and servlce agreement income Rental Income 70,357 25,341 70,357 25,341 44,079 21,219 95,698 95,698 65.298 5 Income from other tradlng actlvltles Unrestrlcted funds General Total funds Total 2023 Fundraising 17,665 17,665 5,464 17,665 17,665 5,464 6 Investment Income Unrestrlcted funds General Total 2024 Total 2023 Interest recelvable and simllar income,. Interest recelvable on bank deposits 1,918 1,918 57 7 Other Income Unrestrlcted funds General Total 2024 Total 2023 Fee5 and supplles 167 167 50 Page 24 The Deborah Ubee Trust Ltd Notes to the Flnancial Statements for the Year Ended 31 March 2024 8 Expendlture on charltable artlvltles Total 2024 Total 2023 Note Supervlslon and running costs Insurance 28,415 1,493 1,400 2,884 20,756 6,376 3,486 499 20,811 1,404 700 Fundraising Staff training Premises 3,287 14,894 21,433 3.549 641 Service charges Printing, postage and statlonery Trade subscriptlons Sundrles 3,309 231,790 15,183 2,821 184,407 15,209 staff costs li Support costs 315,591 269,156 In addltion to the expendlture analysed above, there are also governance costs of £15,18312023 - £15,209) whlch relate dlrectly to charitable actlvlties. See note 9 for further detalls. 9 Analysls of support costs Support costs Total 2024 Total 2023 Professional Depreciation Computer software and malntenance Independent examlnation 216 346 9,991 2,624 2,352 9,991 2,592 2,280 15,183 15,209 10 Trustees remuneratlon and expenses No trustees, nor any persons connected wlth them, have received any remuneration from the charity durlng the year. No trustees have recelved any relmbursed expenses or any other beneflt5 from the charlty durlng the year. Page 25 The Deborah Ubee Trust Ltd Notes to the Flnanclal Statements for the Year Ended 31 March 2024 11 Staff costs The aggregate payroll costs were as follows., 2024 2023 Staff costs durlng the year were: Wages and salarles Soclal security costs Pension costs 216,324 8,544 6,922 171,032 7,498 5,877 231,790 184,407 Included within staff costs are £62,97012022 - £58,261) of sesslonal staff tosts. The average number of persons {Includlng senlor management / leadership team) employed by the charlty during the year was as follows: 2024 2023 No Employees Contrlbutlons to the employee penslon schemes for the year totalled £6,92212023- £5,877). No employee received emoluments of more than £60,000 during the year. The total employee beneflts of the key management personnel of the charity were £58,103 {2023- £57,217). 12 Taxatlon The charlty is a reglstered charlty and Is therefore exempt from taxatlon. 13 Related party tran5a¢tlons There were no related party transactions in the year. Page 26 The Deborah Ubee Trust Ltd Note5 to the Flnancial Statements for the Year Ended 31 March 2024 14 Tan8lble fixed assets Land and bulldln8S Furnlture and equlpment Computer equlpment Total Cost At l April 2023 545,042 13,882 318,904 877,828 At 31 March 2024 545,042 13,882 318,904 877,828 Depretlatlon At l April 2023 Charge for the year 59,950 5,450 10,204 1,353 33,228 3,189 103,382 9.992 At 31 March 2024 65,400 11,557 36,417 113,374 Net book value At 31 March 2024 479,642 2,325 282,487 764,454 At 31 March 2023 485,092 3,678 285,676 774,446 The Leasehold Property 15 held on a 999 year lease from 2005. Included within the net book value of land and bulldln8s above is £Nil12023 £NIII in respect of freehold land and bulldlngs and £479,64212023 - £485,092) in respect of leaseholds. 15 Debtors 2024 2023 Trade debtors 11,716 2,596 2,463 31,711 2,176 2,360 Prepayments Accrued Income 16,775 36,247 16 Cash and cash equlvalents 2024 2023 Cash at bank 182,469 102,201 Page 27 The Deborah Ubee Trust Ltd Notes to the Flnanclal Statements for the Year Ended 31 March 2024 17 Credltors: amounts falllng due wlthln one year 2024 2023 Trade creditors Accruals 3,235 2,352 2,043 2,280 8,400 Deferred income 5,587 12,723 18 Funds Balance at 31 March 2024 Balance at i Aprll 2023 Incomlng resour￿5 Resources expended Transfers Unrestrlcted funds General General Funds 21,889 199,281 1109,064) 20,500 132,606 Deslgnoted Fixed Asset Fund 769,931 19,9911 759,940 Total unrestrlrted funds 791,820 199,281 1119,0551 20,500 892,546 Restrlcted funds Her Centre 65,426 5,107 21,768 10,500 145,426) 15,1071 141,426} 15,000) 120,500) 10,000 Prevent, Protect and Repair Natlonal Lotterv Mrs Smith & Mount Trust 30,200 5,000 10,542 Greenwich Charities (Community Innovation Grants) The Henry Smith Charity Zurlch Communlty Trust The Hearn Foundation Sensory Room 2,053 797 12,053} {60,7971 {16,546} (12,5001 17,6811 60,000 40,000 12,500 16,050 13,200 36,654 8,369 108,351 174,250 1196,5361 120,5001 65,565 Total funds 900,171 373,531 1315,5911 958,111 Page 28 The Deborah Ubee Trust Ltd Notes to the Flnancial Statements for the Year Ended 31 March 2024 Balance at 31 March 2023 Balance at I April 2022 Incomlng resources Resources expended Transfers Unrestrlcted funds General General Funds 9,263 134,740 {123,4821 1,368 21,889 Deslgnoted Flxed Asset Fund 779,922 19,991} 769,931 Total unrestrlcted funds 789,185 134,740 1133,4731 1,368 791,820 Restrlcted funds Her Centre 54,740 15,559 1,368 25,000 {14,314} {10,4521 65,426 5,107 Prevent, Protect and Repalr Park Vlew {1,3681 National Lottery Kelly Famlly Mrs Smlth & Mount Trust 73,735 5,000 5,000 151,9671 {5,0001 {5,0001 21,768 Greenwlch Charltles (Community Innovatlon Grants) The Henry Smith Charity Zurich Communlty Trust 5,000 30,000 30,000 12,947} {29,203) {16,800) 2,053 797 13,200 71,667 173,735 1135,6831 11,3681 108,351 Total funds 860,852 308,475 1269,1561 900,171 Page 29 The Deborah Ubee Trust Ltd Notes to the Flnancial Statements for the Year Ended 31 March 2024 The specific purposes for whlch the funds are to be applled are as follows.. Designated Funds- Fixed Asset Fund The Investment in the building and equlpment is consldered to be not easily reallsable and therefore should not be included wlthln the General reserve. A Fixed Assets reserve has been established that matches the net book value of assets. Restrlcted Funds - Blg Lottery Thls fund has been established to recognlse the funding recelved from the Blg Lottery Fund. This award has helped the Trust to expand our services and to help reach those in the communlty who need support around emotlonal helpi through a comblnatlon of one-to-one therapy and group work. Restrlcted Funds- Her Centre We recelve 2 types of fundlng from the Her Centre;_ work commissloned by Greenwich Council to ourselves and the Her Centre In partnership. Thls Is for Individual therapy for clients under the age of 18 who have been affected by domestic abuse. individual therapy sesslons commi5sloned by the Her Centre with adult women who have been affected by domestlc abuse. Restrlcted Funds- Prevent, Protect, Repair The PPR fundlng Is for work commissioned by the Home Office in partnershlp with Lewisham Council, The Early Years Alliance and Athena. Thls project focuses on the effect of Domestic Abuse on Chlldren in Lewisham, and the first year was a pilot project based in two specific areas of the borough,. Evelyn and Belllngham. The aim is to offer education and support to professionals worklng wlth children and group work wlth families. The DUT'S role Is to offer 20 sessions of Indlvldual therapy to 12 under 18s a year. Restricted Funds - Walk and Talk Thls fund was granted by CCSF to pioneer Walk and Talk therapy for the Charlty's beneficiarles. Restrlcted Fund5 - Slgnal Thls fund represents amounts received from Slgnal, a Charlty based in Lewlsham, London, for work with parents of children on the autlsm spectrum. Restricted Funds - Natlonal Lotterv Thls fund ha5 been granted by the Natlonal Lottery and is to be used for the Preventing Crlsls, Promoting Wellbeing project. Restricted Funds- Kelly Famlly To dellver an Intensive famlly centred Parent Child Attachment Programme for up to 30 families. Page 30 The Deborah Ubee Trust Ltd Notes to the Financlal Statements for the Year Ended 31 March 2024 Restricted Funds- Mrs Smlth & Mount Trust Towards the early therapeutl¢ Interventlon support to adults and chlldren to prevent them from golng into crlsls, to help them live well In the communlty. Restricted Funds - Greenwlch Charlties (Community Innovation Grants) Grant made towards understanding anxiety and stress workshops. Restricted Funds - The Henry Smlth Charity To support people with mental health issues In Greenwich and Lewisham Restricted Funds- Zurlch Communlty Trust To be spent on the salary for the Young People's Director, the clinlcal supervlslon of the volunteer counselling team, the professional development trainlng of the staff volunteer team and a contrlbution to the increased running costs of the centre. 19 Analysls of net assets between funds Unrestrlcted funds General Total funds at 31 March 2024 Restrlcted funds Tangible fixed assets Current assets Current liabilitles 764,454 133,679 15,587) 764,454 199,244 15,5871 65,565 Total net assets 892,546 65,565 958,111 Unrestrltted funds General Total funds at 31 March 2023 Restrlcted funds Tangible fixed assets Current assets 774,446 30,097 112,7231 774,446 138,448 112,723) 108,351 Current Ilabllltles Total net assets 791,820 108,351 900,171 Page 31