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2024-02-29-accounts

Charity no: 1146885

Company no: 07956417

Trauma Foundation South West Report and Unaudited Financial Statements 29 February 2024

Trauma Foundation South West

For the year ended 29 February 2024

Reference and administrative details

Company number 07956417
Charity number 1146885
Registered office
and operational
address
St Pauls Learning Centre
94 Grosvenor Road
Bristol BS2 8XJ
Trustees Trustees, who were also directors under company law, who
served during the year and up to the date of this report were as
follows:
John Eames
Sarah Fairbairns
Louise McCabe (chair)
Elizabeth Murphy
Miriam Nye
Judith Ryde
Eleanor Palmer
Quen Geuter
Erin Caseley
Mugdim Mujakovic (resigned January 2024)
Company Secretary n/a
Bankers Nat West Bank
40 Queens Road
Bristol BS8 1BF
Independent
examiners
Alos Bristol Limited
Easton Business Centre
Felix Road
Bristol BS5 6AF

1

Trauma Foundation South West

For the year ended 29 February 2024

Report for the trustees

Reference and administrative information set out on page 1 forms part of this report. The financial statements comply with current statutory requirements, the Memorandum and Articles of Association and the Statement of Recommended Practice – Accounting and Reporting by Charities (effective from January 2019)

Objectives and activities

The charitable objectives of Trauma Foundation South West (TFSW) are two-fold and as follows:

In order to meet these objectives, we:

The public benefit by our provision of psychotherapy, counselling, supervision and training

During the year, we set up referral agreements for our free psychotherapy and counselling service with key Bristol refugee agencies: the Hope Service, NHS Talking Therapies, Bristol Refugee Rights, Borderlands, Womankind, Unseen, ABC, Brigstowe, The Haven, Refugee Women of Bristol, BHN, SARI and the British Red Cross- Bristol Refugee Service. When these agencies refer clients to us, we assess them, and if they seem to be someone who can benefit from our work, they are either seen immediately or put on a waiting list. We have 14 psychotherapists and counsellors who carry out this work by seeing three clients per week.

We also work with most of the agencies who work with asylum seekers and refugees in Bristol and across the southwest by providing supervision and training for their work. The work is often stressful as it is with highly traumatised and distressed individuals who often feel hopeless about their lives. Our work helps them not to ‘burn out’ or suffer from vicarious trauma.

Achievements and Performance

Our work has helped to sustain 52 clients during the year. Our clients are highly traumatised in their country of origin, having often been tortured, imprisoned and/or been threatened with being killed. They also have often witnessed the torture, imprisonment or death of family members. Their experiences on the journey to the UK and through interrogations by the Home Office have often been re-traumatising. In the light of this, we need to be able to ‘stay with’ people who have lost

2

Trauma Foundation South West

For the year ended 29 February 2024

hope and suffer from post-traumatic stress symptoms such as flash backs, nightmares, anxiety, and hypervigilance.

During the pandemic, we started working with clients online and by phone. In 2023-2024, most therapists worked in-person, but some continued with remote sessions, which support clients who are unable to meet in-person.

During the year, we changed our therapy offer from open-ended to time limited, although it is still very generous: the first year we provide weekly therapy sessions, the second year fortnightly or ad hoc, and after this, through a monthly group. We starting gathering regular feedback from clients about their experience with TFSW with therapists asking brief questions woven into the therapy session at the beginning, every 6-12 weeks and at the end of therapy.

We again increased our work with agencies this year as a response to increased demand and as part of our business plan. We provided regular supervision to 195 staff members from 20 ag4encies through one-to-one and group sessions to help them continue with this challenging work. We trained more than 377 people working and volunteering with services who support refugees. Training included Vicarious Trauma and Resilience, Essential Self-care for Helpers, Traumainformed Line Management, Trauma-informed Trustee Boards, and Working Effectively with Interpreters. In addition to bespoke training, we set up an online rolling programme of monthly training that individuals can book onto through our website.

We recruited a maternity cover replacement for our administrator and four new counsellors and psychotherapists (all from diverse backgrounds) in this period.

Our expert organisational development trustee, Erin Caseley, led us through a comprehensive organisational strategy process from September 2023 to March 2024. Erin gave more than 50 hours pro bono in facilitating this process, which at her reduced charity rate of £550 + VAT per day represented an in-kind contribution of £4,000. We have developed a one-year transition plan for the strategy to help us prepare, fundraise and plan for expanding our services, which are in great demand.

Financial Review

In the fiscal year 2023-2024, TFSW generated funds totalling £155,822 and expended £114,743.

Our funding sources primarily include trusts, foundations, regular givers and gift aid. The Equator Fund has been our primary support for the past decade and we are very grateful to them. We extend our gratitude to Quartet’s Resilience Fund for their generous grant of £10,000; the Practice Rooms for £6,000 (£500 per month); Lady Balogh Psychotherapy Trust for £2,000; Marsh Charitable Trust for £700; the Oakdale Trust for £1,000; and St James Place for £2,500.

The remaining donated income stemmed from individual donors and sales of merchandise.

Our expenditure relating to raising funds was only £3,500 this year, representing only 2.2% of overall income raised. Our income from charitable activities (supervision and training) was £34,692 - a 17% increase on the previous year’s income from supervision and training which was £28,953. This earned income is part of our business plan to increase our sustainability as a small charity.

All funding has been vital to ensuring we can continue to be here for our clients, and we thank all our donors, supervisees and trainees for supporting us.

Public Benefit

The trustees have complied with their duties under the Charities Act 2011 to have due regard to public benefit guidance by the Charity Commission.

3

Trauma Foundation South West

For the year ended 29 February 2024

Reserves Policy

The reserves policy is reviewed at least every three years. The policy in 2023-2024 was to hold financial reserves equivalent to 6 months’ expenditure, which amounts to £57,500. This reserves level was deemed both achievable and to be of a sufficient level to the continuing operation of the charity. Total unrestricted reserves at 29 February 2024 were £97,951. This is due to a grant of £80,000 by our main funder, The Equator Fund, who gave both 2022-2023 and 2023-2024’s grants of £40,000 within the same year. Additionally, we received a grant of £27,000 from an anonymous donor for work to be carried out in 2024-2025.

Structure, governance and management

Trauma Foundation South West is a company limited by guarantee, incorporated on 20 February 2012 (company number 07956417) and as a registered charity on 16 April 2012 (charity number 1146885). The company was set up under Articles and Memorandum of Association, which established the objects and powers of the charitable company.

Trauma Foundation South West is governed by a board of trustees, who also act as the directors of the company. They formally delegate a variety of functions to management to enable the effective day-to-day operation of the company. The board retain oversight and meet quarterly. Serving trustees at the date of the accounts were signed are listed on page 1.

Statement of responsibilities of the trustees

The trustees (who are also directors of the charity for purposes of company law) are responsible for preparing the trustees’ report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102: The financial Reporting Standard applicable in the UK and Republic of Ireland (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 situation of the charity and of the income and expenditure of the charity for that period. In preparing those financial statements the trustees are required to:

The trustees are responsible for keeping proper accounting records which disclose to reasonable accuracy at any time the financial position of the charity and which enable them to ensure that the financial statements comply with the Companies Act 2006. The trustees are also responsible for safeguarding the assets of the charity and hence for taking steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

4

Trauma Foundation South West

For the year ended 29 February 2024

Members of the charity guarantee to contribute an amount not exceeding £1 to the assets of the charity in the event of winding up. The trustees are members of the charity but this entitles them only to voting rights. The trustees have no beneficial interest in the charity.

Independent examiners

Alos Bristol Limited were appointed as independent examiners to the charitable company during the year and have expressed their willingness to continue in that capacity.

Approved by the trustees on 22 July 2024 and signed on their behalf

Erin Caseley

Erin Caseley – Chair

5

Independent examiner's report on the accounts

Section A Independent Examiner’s Report

On accounts for the year ended TRAUMA FOUNDATION SOUTHWEST

Charity no.:

1146885 Company no.:

7956417

Set out on pages:

I report to the charity trustees on my examination of the accounts of the Company for the year ended 29/02/2024.

As the charity’s trustees of the Company (who are also the directors of the company 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”).

Responsibilities and basis of report

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

I have completed my examination. I confirm that no material matters have come to my attention (other than that disclosed below *) which gives me cause to believe that:

1• accounting records were not kept in accordance with section 386 of the Companies Act 2006; or

2• the accounts do not accord with such records; or

3• the accounts do not comply with relevant accounting requirements under section 396 of the Companies Act 2006 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 Charities SORP (FRS102).

Independent examiner's statement

I have no concerns and have come across no other matters in connection with the

Signed: Selman Sheshi Date: --/7/24
Name: Selman Sheshi
Relevant professional qua Relevant professional qua FMAAT
Address: Easton Business Center, Felix Road, BS5 0HT Easton Business Center, Felix Road, BS5 0HT

6

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----- Start of picture text -----
TRAUMA FOUNDATION SOUTH WEST Charity No 1146885
Company No 07956417
Annual accounts for the period
Period end
Period start date To
01/03/2023 date 29/02/2024
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Section A Statement of financial activities (including summary income and expenditure account)

Guidance Note
S01
S02
S03
S07
Expenditure (Notes 4)
Expenditure on:
S08
S09
S12
S13
Tax payable
S14
S15
Net gains/(losses) on
investments
S16
S17
Extraordinary items
S18
S19
S20
Other gains/(losses)
S21
S22
Reconciliation of
funds:
S23
S24
Net movement in funds
Other recognised gains/(losses):
Net income/(expenditure) before tax for
the reporting period
Raising funds
Donations and legacies (Donations, Project Income,
Equator Fund)
Total
Recommended categories by activity
Income (Note 3)
Income and endowments from:
Total funds carried forward
Total
Net income/(expenditure) after tax
before investment gains/(losses)
Net income/(expenditure)
Transfers between funds
Charitable activities (Training & Agency Work Supervision)
Total funds brought forward
Gains and losses on revaluation of fixed assets for the
charity’s own use
Charitable activities
Other trading activities (Website sales, Room hire and
Supervision fees)
Unrestricted
funds
Restricted
income
funds
Endowment
funds
£
£
£
F01
F02
F03
47,439
8,333
-
93,297
3,773
-
2,980
-
-

Total funds
Prior year
funds
£
£
F04
F05
55,772
48,700
97,070
64,923
2,980
860
143,716
12,106
-
155,822
114,483
3,500
-
-
105,946
12,106
-
3,500
3,500
118,052
99,402
109,446
12,106
-
121,552
102,902
34,270
-
-
34,270
11,581
-
-
-
-
-
34,270
-
-
34,270
11,581
-
-
-
-
-
34,270
-
-
34,270
11,581
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
34,270
-
-
34,270
11,581
56,875
-
-
56,875
45,294
91,145
-
-
91,145
56,875

7

Charity No 1146885 Company No 07956417

TRAUMA FOUNDATION SOUTH WEST

Section B
Balance
sheet
Guidance Note
Fixed assets
Intangible assets
B01
Tangible assets
B02
Heritage assets
B03
Investments
B04
Total fixed assets
B05
Current assets
Stocks
B06
Debtors (Note 8)
B07
Investments
B08
Cash at bank and in hand (Note 9)
B09
Total current assets
B10
Creditors: amounts falling due within
one year (Note 10)
B11
Net current assets/(liabilities)
B12
Total assets less current liabilities
B13
Creditors: amounts falling due after
one year
B14
Provisions for liabilities
B15
Total net assets or liabilities
B16
Funds of the Charity
Endowment funds
B17
Restricted income funds
B18
Unrestricted funds
B19
Revaluation reserve
B20
Fair value reserve
B21
Total funds
B22
Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total this
year
Total last
year
£
£
£
£
£
F01
F02
F03
F04
F05
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
11,242
-
-
11,242
7,240
-
-
-
-
-
94,012
28,954
-
122,966
65,627
105,254
28,954
-
134,208
72,867
-
14,109 -
28,954
-
-
43,063
15,992
-
91,145
-
-
91,145
56,875
91,145
-
-
91,145
56,875
-
-
-
-
-
-
-
-
-
-
91,145
-
-
91,145
56,875
-
-
-
-
-
-
91,145 .
-
-
56,875
-
91,145
-
-
91,145
56,875

The company was entitled to exemption from audit under s477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

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

These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP.

Signed by one or two trustees/directors on behalf of all the
trustees/directors
Signature of director authenticating accounts being sent to
Companies House
Date of
approval
dd/mm/yyyy
Date
dd/mm/yyyy
Print name
Signature
Signature
Erin Caseley
Selman Sheshi
22/7/24
22/7/24
Print name
Erin Caseley
Selman Sheshi

8

Section C

Notes to the financial statements

1. Accounting policies

a. Basis of preparation

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts.

The accounts have been prepared in accordance with:

The charity constitutes a public benefit entity as defined by FRS 102.

b. Going concern

The accounts have been prepared on the assumption that the charity is able to continue as a going concern. The charity holds unrestricted, general reserves of £97,954 including a cash balance of £122,966. The trustees consider that the charity has sufficient cash reserves and confirmed funding to continue as a going concern for a period of at least 12 months from the date on which these financial statements are approved.

c. Change of accounting policy

The accounts present a true and fair view and no changes have been made to the accounting policies adopted in note 1.

9

Section C Notes to the accounts (cont) Note 2 Accounting policies 2.2 INCOME Recognition of income These are included in the Statement of Financial Activities (SoFA) when:  the charity becomes entitled to the resources;  it is more likely than not that the trustees will receive the resources;  the monetary value can be measured with sufficient reliability. There has been no offsetting of assets and liabilities, or income and expenses, unless Offsetting required or permitted by the FRS 102 SORP or FRS 102. Grants and donations are only included in the SoFA when the general income Grants and donations recognition criteria are met (5.10 to 5.12 FRS102 SORP).

In the case of performance related grants, income must only be recognised to the extent that the charity has provided the specified goods or services as entitlement to the grant only occurs when the performance related conditions are met (5.16 FRS 102 SORP).

Legacies are included in the SOFA when receipt is probable, that is, when there has been grant of probate, the executors have established that there are sufficient assets in Legacies the estate and any conditions attached to the legacy are either within the control of the charity or have been met.

Government grants The charity has received government grants in the reporting period Gift Aid receivable is included in income when there is a valid declaration from the donor. Tax reclaims on Any Gift Aid amount recovered on a donation is considered to be part of that gift and is donations and gifts treated as an addition to the same fund as the initial donation unless the donor or the terms of the appeal have specified otherwise. Contractual income and This is only included in the SoFA once the charity has provided the related goods or performance related services or met the performance related conditions. grants Donated goods are measured at fair value (the amount for which the asset could be Donated goods exchanged) unless impractical to do so.

The cost of any stock of goods donated for distribution to beneficiaries is deemed to be the fair value of those gifts at the time of their receipt and they are recognised on receipt. In the reporting period in which the stocks are distributed, they are recognised as an expense at the carrying amount of the stocks at distribution. Donated goods for resale are measured at fair value on initial recognition, which is the expected proceeds from sale less the expected costs of sale, and recognised in 'Income from other trading activities' with the corresponding stock recognised in the balance sheet. On its sale the value of stock is charged against 'Income from other trading activities' and the proceeds from sale are also recognised as 'Income from other trading activities'.

Goods donated for on-going use by the charity are recognised as tangible fixed assets and included in the SoFA as incoming resources when receivable. Gifts in kind for use by the charity are included in the SoFA as income from donations when receivable.

Donated services and Donated services and facilities are included in the SOFA when received at the value of facilities the gift to the charity provided the value of the gift can be measured reliably. Donated services and facilities that are consumed immediately are recognised as income with an equivalent amount recognised as an expense under the appropriate heading in the SOFA.

Support costs

The charity has incurred expenditure on support costs.

10

Section C Notes to the financial statements
(cont)
Notes to the financial statements
(cont)
Donations and gifts
Gift Aid
Legacies
Project Income
Equator Fund
Other
Total
Charitable
activities:
Provision of services
Other
Total
Other trading
activities:
Lettings income
Other
Total
TOTAL INCOME
Note 3
Income
Analysis of income
Donations
and legacies:
Income
Analysis of income
Unrestricted
funds
Restricted
income
funds
Endowment
funds
Total funds
Prior year
£
£
25,282
8,333
-
33,615
8,700
762
-
-
762
-
-
-
-
-
-
-
3,773
-
3,773
40,000
80,000
-
-
80,000
-
-
-
-
-
Donations and gifts
Gift Aid
Legacies
Project Income
Equator Fund
Other
Total 106,044
12,106
-
118,150
48,700
34,692
-
-
34,692
64,923
-
-
-
-
-
Provision of services
Other
Total 34,692
-
-
34,692
64,923
2,980
-
-
2,980
860
-
-
-
-
-

Lettings income
Other
2,980
-
-
2,980
860
143,716
12,106
-
155,822
114,483

11

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----- Start of picture text -----
Section C Notes to the financial statements (cont)
Note 4 Expenditure
This year Last year
Restricted Restricted
Unrestricted income Unrestricted income
Analysis funds funds Total funds funds funds Total funds
Expenditure on raising funds: £ £
Staff costs - -
3,158 3,158 3,158 3,158
Staging fundraising events 342 - 342 342 - 342
- -
Total expenditure on raising funds 3,500 3,500 3,500 3,500
Expenditure on charitable activities:
Staff costs - - - 8,620 - 8,620
Therapists - -
23,670 23,670 23,365 23,365
Supervision 105 - 105 1,443 - 1,443
Supervision & training - POS - -
11,060 11,060 13,873 13,873
Interpreters - -
12,108 12,108 3,885 3,885
Art therapy - - - - - -
Group therapy 5,060 - 5,060 435 - 435
Assessment - - - 140 - 140
MHW & Interpreter Training 120 - 120 - - -
Total expenditure on charitable activities - -
52,123 52,123 51,761 51,761
Expenditure on projects
Staff costs 1,056 8,334 9,390 18,182 - 18,182
Rent and rates - - - 1,905 - 1,905
Office costs - - - 2,366 - 2,366
Accountancy and bookkeeping - - - 2,000 - 2,000
Interpreters - - - 600 - 600
- -
Somerset training costs 2,716 2,716 8,616 8,616
-
Total project costs 1,056 11,050 12,106 33,669 33,669
Support and governance costs
-
Staff costs 38,622 1,057 39,679 4,377 4,377
Staff training 180 - 180 - - -
- -
Rent and Rates 6,199 6,199 4,240 4,240
- -
Insurance 1,858 1,858 2,358 2,358
Office costs 2,098 - 2,098 133 - 133
Legal and professional - - - 6 - 6
- -
Accountancy and bookkeeping 3,810 3,810 2,857 2,857
-
Total support and governance costs 52,766 1,057 53,823 13,972 13,972
TOTAL EXPENDITURE 109,445 12,107 121,552 102,902 - 102,902
----- End of picture text -----

12

Section C

Notes to the financial statements

(cont)

Note 5 Details of certain types of expenditure

Note 5.1 Fees for examination of the accounts

Please provide details of the amount paid for any statutory external scrutiny of accounts and other services provided by your independent examiner. If nothing was paid please enter '0' in the appropriate box(es).

Independent examiner’s fees This year
Last year
£
£
1,000
1,000

Note 6 Paid employees Please complete this note if the charity has any employees (transactions with

6.1 Staff Costs

6.1 Staff Costs
-
Total
Pension costs (defined contribution scheme)
Total staff costs
6.2 Average head count in the year
Salaries and wages
This year
Last year
£
£
51,090
32,570
1,137
740
52,227
33,310
This year
Last year
Number
Number
4
2
-
4

No employee or freelancer earned more than £60k during the current or prior year.

The key management personnel of the charitable company comprise of trustees, the secretary to the trustees (paid as a freelancer), Head of Operations (paid via payroll) and the Clinical Director (paid via payroll).The total remuneration of the key management personnel was £22,167 (2022: £10,429).

Note 7 Taxation

The charity is exempt from corporation tax as all its income is charitable and is applied for charitable purposes.

13

Section C

Notes to the accounts (cont)

Note 8
Debtors and prepayments
This year Last year
£ £
Trade debtors 11,242 7,240
Other Debtors and Accrued Income - -
Total 11,242 7,240
Note 9
Cash at bank and in hand
This year
£
Last year
£
Cash at bank and on hand 122,966 65,627
Other - -
Total 122,966 65,627
This year
£
Note 10
Analysis of creditors - amounts falling due within one year
Last year
£
Trade creditors 6,732 6,502
Payments received on account for contracts
or performance-related grants 3,077
Accruals and deferred income 35,341 3,773
Taxation and social security 616 940
Pension 216 216
Other creditors 159 1,484
Total 43,063 15,992

14

Section C

Notes to the accounts

Note 11

Creditors and accruals

11.1 Analysis of creditors

Accruals for grants
payable
Bank loans and overdrafts
Trade creditors
Accruals and deferred
income
Taxation and social
security
Other creditors
Total
This year
Last
year
This year
Last
year
£
£
£
£
-
-
-
-
-
-
-
-
-
-
-
-
28,954 3,773
-
-
-
-
-
-
-
-
-
-
Amounts falling
due within one
year
Amounts falling due
after more than one
year
28,954 3,773
-
-

11.2 Deferred income

This year Last year
£28,954 received £3773 received
during the year to during the year to
spent in 2024/25 spent in 2023/24
Movement in deferred income account
Balance at the start of the
reporting period
Amounts added in current
period
Amounts released to
income from previous
periods
Balance at the end of the
reporting period
This year
Last
year
£
£
3,773
-
28,954
3,773
-
3,773
-
28,954
3,773

15

Section C Notes to the financial statements

(cont)

Note 12 Pensions and other post retirement benefits

Defined contribution plans

The amount recognised in income or expenditure as an expense in relation to defined conmtribution plans was £1,137

Note 13 Related party transactions There were no related party transactions in the current or prior year.

Note 14 Analysis of charitable funds

Unrestricted funds

General funds
Restricted funds
Restricted funds
At 1 March
2023
Income
Expenditure
At 29 February
2024
£
£
£
£
56,875
143,716
109,446
91,145
56,875
143,716
109,446
91,145
At 1 March
2023
Income
Expenditure
At 29 February
2024
£
£
£
£
8,333
3,773
12,106
0
8,333
3,773
12,106
-

16