REGISTERED COMPANY NUMBER: 08287687 {England and Wales) REGISTERED CHARITY NUMBER: 1154989 REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 FOR FAVERSHAM COUNSELLING SERVICE LIMITED
FAVERSHAM COUNSELLING SERVICE LIMITED CONfEiwfs OF THE FINANCIAL STATEMENrs For the yeArended 31 March 2024 Page Report of the Trugteeg I to 9 Report of the Independent Audltorg 10 to 13 ststemènt of Flnantlil Attlvltlti 14 Bal*Nce Sheet 15 Cash Flow St4temen¢ 16 Nottt to th• FlnintlAI Statemtmts 17 to 29 Det#lled Ststement of FIDAnelal Aetlvltles 30 to 31
FAVERSHAM COUNSELLING SERVICE LIMITED REPORT OF THE TRUSTEES For the year ended 31 March 2024 Thc Trusiees, who are also direcloi's of the charity for thc purwses of the Compunies Act 2006, prcsent their reFon with the rinancial staiemenis of the ch&rily for the year l April 2023 to 31 March 2024. This report 15 also ihe directors, report. The TnJstee8 have adopted the provisions of Accounting and Rcporting by Charities.. Statement of Rccommended Prac(ice applicable to chdrilie8 preparing their accounts in aLcordance with th¢ Financial Reporting Standard applicable in (he UK and Republic of Ireland IFRS 102) (cl'fcctive l January 2019). VISION, OBJECTIVES AND MAIN ACTtVlTIES Vlslon raversham Counsclling ScrviLe's IFCS) vision is lo ensure that Ihose requiring talking therapies can pccess them ai the time ofneed in Faversham and thc surrounding areas. b. ObJtctlvtS In selling objectives and planning for activiliLs. the Truslces have considLred general guid&nce publi5h¥d by the Charily Commission rcla(ing io public bcnefil. including the guidancc ' Public benefit.. running & cliarity (PR2)'. Our misSiOII Our mission is to enable eLsc ol'access in the provision ol'NILE-approved Talking Therapies in and acrobs Kenl and Medway, Wc aim ¢0.. Develop FCS to ensure that we are one of Kcn('s Icading cliariti¢s for cOUnlI1n and psychological Iherapics, including accreditation by the BAQ P (British A550cialion f(?r Ci)unselling & Psychoiherapy) Provide NICE-appruved. evidenLed based talking therapics Our valuej Our work is guided and infornied by our commitn)ent to,. Woi'king with those that come to us for therapy Listening to our clients by continuously workin8 with Glicnl f¢cdbAck. enabling opinions to be heard and improve outcomes for patients Striving towards true inclusivcness Working in partnership, so that wc can support our clients fully Improving urcess to high quktlity Talking Therapies Reallsing our vi$lon Our strategic goals are: Excellencc in servicc Excellence in psychological therapy EX11¢n¢¢ in cli¢nl recovery Removing stigma Pagc I
FAVERSHAM COL'NSELLING SERVICE LIMITED REPORT OF THE TRUSTEES- cotttinued For the year tnded 31 March 2024 Main Activitie5 FCS pi'imai'ily worked with the NHS providing Ircc NHS Talking Thcrapi¢5 to all those living wiiliin Swalc and sui'rounding areas and with the ljniversity Mcdical CLnlre to provide the bamr scrviu¢b lo all Ih05e living within Canierbury and surrounding ur¢as. Huwcvcr, from April 2024. NHS SLfvic¢5 were transferred (o a new providcr and the charily will Ih¢refoi'e ri)cus un uui. priiwatc. cui'purat¥ and 8ub.%idised clienis providing talking thei'apics and suppoi'l in line witli our rcgisiercd charitablc objectives. d. Attlvltles for Aehltvlng ObJee¢ivts FCS .started 30 years ago as a chai'ity based in Faversham. In thac (inie. il has grown and. alihough we rcmain wiihin I'<iversham. Ihc LatLhmcnt ¢ll'L'a for our woi'k is Keni. FCS is an acLI'edited $ei'vice piovidei. with ihe British AssoLiali()r) ofcounsellors and Psychoihci'apy (BACP) sci'vicc. and we fL'LI confidcni wi(h th Stundurds w¥ huvi SLI uui'S¥lv¢s and siriv¢ Lo impruvL (he services dLliver lo all clicnls. Why do people Come for counselling. 'I"he m()si common rLasons PdllLnls aLLLS8 FCS inLliid¢ common munlal hLalih issues suLh us d¢pi'c55ion und anxiL(y. Fl(Iwever, wr also sce maiiy rclci'i'als fi'om palicnls wlio hdi'L many other diagnusLd mcnlal healih di¥()rders. foi. Lyamplc. iaLiLiils will) Pobl 'l'i'aumaliL Sii'ibb r)isoidil'. fJordLrliii¥ l)Il'S<)nalily DiiOI'd¥i' aiid BipL)Idl' Diburdil.. l.'C'S works across a widL I'angc ul. issuLs, inLluding'. Pliobia5 Sell'.hai'm BLI'LdVLmLnt R¢lationship coun5clling Anxi¢iy Depi'¢5sion Pool. s¢ll'cst¢cm Obs¢ssiv¥-Compulsiv¢ r)isord¥r -rrauma STRUCTURE, GOVERNANCE AND MANAGEMENT Constltutlon The Charity is controllcd by ils govcrning docunicnl, thc articles of associa(ion. and constitutcs a limited company. limitcd by guarantee, as delined by the Compdnies ALI 2006. It is also a not-for-prolit org&nibatiL)n #nd a RegistcrLd Charily (Nu. 11549891. The chariLabl¢ Lumpany w incorp)rui¢d on 9 N()vember 2012. The principal objecis ofihe Chariry are set out on page l ofih¢ Ti'us(ees' Report. fhcrL have been no changes in the objeciiveb sinLe the last annual repoi'i. b. Methods of Appointment or election of Trustees New Trustees are elected and CO•OPted by the Board of 'frustees under ihe I¢iTns of the Articlcs of Associaiion. Page 2
FAVERSHAM COUNSELLING SERVICE LIMITED
REPORT OF THE TRUSTEES- continued
For the year ended 31 March 2024
Policies Adopted for the Induction and Triining ofTrusttes
All neiv Ti'ustces ait provided ivith an induction upon election. Training ne¢ds ai'¢ k¢pi under review by Ihe Trusices and
carried ou( as required.
d. Organisati¢)n41 Structure and Decision mkIn
-l-he B(iai'd ofrrusiccs meet through a tormal meeting slructui'c whiLh is a((endcd by mcmbci's of the FCS Senior Managcm¢nt
Team which includes the Chicl-Executive Officer. Clinicdl F)ireclor. and Hcad of F inance.
-rhe Tn]8(¢cs ¢il.su mc¢t with the Chicf ExLcuiive Officer and CliniLal Dii'ecioi. on an informal basis when requii'ed between
boai'd mcelings.
'rhe Churily is organi5Ld in such a way thai Ti'usi¥cs mcct regularly io mandge its affaii's whilst day-ts>-day responsibi lity is
delcg
FAVERSHAM COUNSELLJNG SERVICE LIMITED REPORT OF THE TRUSTEES - eontinued For the year ended 31 Mgrch 2024 Clinical Dirtctor Annual Rt ort I.'CS has a fully train¢d worklorcL of therapisis working under thc BACP (Brilish As50¢iation for Counselling Psychoilierapy) Servicc Acci'cdilation SLhcme and ils F.IhiL¢il Ciuidclincs for (Tood Workingi Pracli¢c, &s ivcll as tlic RABCP (Britisli A.ssocialion of Bchavioui'al and Cognitive P5ychuihcrdPiSlS), IJKCP and other I'CLugni.%ed acci'editalion b(Idies. Wc provided expanded oppui'tuniti¢S Lind exp¥l'i¢ncc lo NHS Talking Thcrupi¢s (rainee Ihcrapisls increasing again the numbLr ol. trainccs suppui'(Ld io prcviou% year. Rcsponding lo the I'equircd changc8 in service provision. and the 5chedulcd cnd r)f the NHS Talking Therapics conti'act. il will be neLessary to crcale dnd 5UStain a workfoi'ce Ilial enablcs continuity ul. cxisling individual treaimcnL ()ffers as wcll as expansion ol-capacity to respond lo dcsired increase in demand for individual trcatmenl offei's. Addiiionally, we will necd lo expand upon our SLupe 10 oITei' Ii'ca¢m¢ni and training lo CUlVDraLe clicnls. Incrcased individual Ii'eaiinLnl provisi(In and addiiional ¢orpoi'aLc SLrviLL% will foi'm th¢ basis of lh¢ main fuLUS of busincss for l-.cs r()11()wing the winding down ol'thc NFIS Talking Therapies coniraci. A¢Credit¥t1¢b & Expertise: L¥i.5ling Ici'c5s ol. aLLI'cditaLiun h(Iih nii an individual and SL'fviLe level ivill L(Inlinue, with FC.S pldnning Iii mainiain 11% aLLrLdilali()n with the Britlbli Associalii)n ()I' C.i)un.s¢lling P.%ychoiliL'I'dpi.%ts IBAQ P) and I'Lquiring individuals IrLgardle4s i)l- mi)ddl itv) iu h¢lVL (ichiLved IIIL rLquirLd ILVLI (Il'(ILLr¢diliiliun SPLLI IIL Lo Lheii. modalitlL% anli in u¢LurLldnce wilh IliL I'Llevdni <ILLredi(ing body. SpecifiL Treattnen¢ Offers & Revenue C.re#ting ALtivities: Whilst Illiiiniaining (hL I'LqUlI'cd LliniLdl Sidnddrd%. uui. SLfvicL will n¢Ld i() be r¥ady dnd dl?le Iii I'LVILW ils LUI'fLni irLdlll)eiii ofiei's lor both subbLdisLd uiid privaiL LliLiils lo mdXII))ISL produLlivity. whilbi loL&iin&) inLI'Ldsed LOI-POTaie aciivily. Treatment Offers Ilndividual & Corpor4tel: Wc ii'ill .strivc lo maintain a ii'oi'k Ioi'cL IliaL is Lapablc ol. ol-lering IrLalniLnc lor a majority ol. commonly QCLurring mcnlal healih pi'esentalions Luri'ently avuilablL finn) NFIS ialking (hei'api¥S pivvidLrs, whilst also faLilltIng JCOPL Ll) providL Iraining and clinical support lor individuals or corporal¢ organisations wilh morc spLcili¢ n¥Lds. F'ocu5¢5 01. Ireaimcnl will includ¢.' Indlviduxls: T)LprL5sivnlLow Moud/Adjuqtment Rcl<ilionships Self-Improv¢m¢nl Anxiety SpeLifiL PhoE)ias Ti'auma Acute Stress R¢aLtiuns Post Traumatic Sti'ess Disorder Relapse Pr¢v¢niiunlMuinldining Pr()gress Long Term Conditions Corporate: Individual Counsclling Mcdiation Resilience and Boundai-ic5 (group (raining) Individu(Il & Group Suprrvisivn B¢spoke Training Packages {group training) Pagc 4
FAVERSHAM COUNSELLING SERVICE LIMITED
REPORT OF THE TRUSTEES - continued
For the year ended 31 March 2024
Avallable Treatment Modalitie5 wlll inf lude:
Dynamic InlLrperson&l Thei'apis15 {DITI
Cogni(jll¥ Behaviour"fh¢rapi8is ICBT TIILrapists)
Psychological Therapists
F.yc Mi)vcrncnt DesLnsitization Th¥rapists IEMDR)
Couples Fherapisls
A.8ses.8mcnt.%
Inlegralive Counsellui's
Workfor¢¢ & Clini¢al Governgnce (Pust IYHS Talking Ther#pies)
Alihuugh l."CS will inilially consisl ol'a smaller numbcr (Trl'lull-timc cliniLian5, IhL need for Llinical guidance, risk rnanag?emrnl
and supei'vision I'cmain £1 llLLcssary pi'ioi'ity, willi a Clinical Direc(oi' hLing inilidlly responsihle for supplying d maj()riiy ol.
tlILse.
Scnior CliniLian'. An eYi.sLing tcain nicnib¢Y lias bLL'n id¥nLiliLd Èls pu.%sessiiig dl)pi'opI'iaLL ILvels ol-cxpcricnLL iu ol'lcr linii(Ld
suppori li) tIIL Lliiiical dircLLor in Ilii dischuyging ol- Llieir rLspunsihilitiLb.
C ui-l'cnt F.'mplo)'Ld C. liiiician.s.. li 15 hopLd tlia( ciis1inLi cliniLlanS M'ill L()nlinuL 14'ithin tlieir I'oles. alli)Iving siJilJl)le LdpaLiiy
lur ¢XPLLLLd iiiili(il ILvels ol- diindlld.
L$5innul (.'liniLiyng.. ALhiL vinL? a 11()I'kloi'cc tlial 1.5 ¢ipproi?I'iatL hi)Ili in l¢i'm.% i)l-LliniLal LIPLI'lifi
FAVERSHAM COUNSELLING SERVICE LIMITED REPORT OF THE TRUSTEES - eontinyed Forthe year ended 31 March 2024 Th¢ following demographic information is based on disiinct clients. seen in the period. Disclosed Gender of Client Client Age 54% 0% so% 330/. 40% 27% 70A,. 30% 20% 16% io% Female zmale mother Under25 25to49 50to74 75PIus FINANCIAL REVIEW Going Concern Last year the eYpec(aiion wus lor thc c.harity lo CLa.8L Ir41ding.8hi?rtlv aftcr ihe iranster ot the NH,S c()ntract tn the new providcr al the 31 Mdi'Lh 2024. The surplus generaled in the final period of (he NHS conlracl and flexible .4upporL of rcmaininE staff has allowed th¢ charity lo continue LO provide services at a significantly reduced ICVL'I, with the amhition to ¢ro#te a sustainable business modcl. Reserve5 al year end were such that the Trustees had a reas4)nable expectation thai the Lharilable company has adcquate resources to coniinuc in excess of 12 monihs so chose to continue operating with a deficlt bud8eL and adopied thc 80ing onL¢i'n basis in preparing these finan¢ial slalcm¢nls. In order to keep lh¢ financial position under review, regul management accounls a]'e produced and made available to the Board, whilst the Head of Finance and CEO meet frequently to discuss any developmcnts. Ir any n¢gative issu¢s were lo b¢ identified during th¢s¢ pro¢e5se5, remedial action would be taken with the goal lo continue to fund operaiions and meet our charitablc objective5 or cleanly cea5c Irading. Page 6
FAVERSHAM COUNSELLING SERVICE LIMITED REPORT OF THE TRUSTEES- continued For the year ended 31 Mareh 2024 b. Reste5 Policy FCS'S docurncntcd policy was Lo mainiain fl'ee reserves of £186,000, a requircment for positive nel ¢urr¢nt assets on ihe balance shccl and a (llinimuni ol £15.000 in cash d¢p)sils. At the ycar Lnd, the chariry held tar21 funds o1.£324,35912023.. £267.0141 of which unresti'icted general funds were £18i,294 {?023.. £135,9301. RLslriLled lunds of£3.13512023.. £131,()84) al'e dc(ailLd l¢Lter in th¢ finanLial statemcnis. 'r()tJl frec reserves of the charity, bcing gcn¢ral funds 1¢5S thc nct book valuc or rixed &s5els 8mount8 10 £306,062 (2023.. £98,469). Thi8 fell short of the rescrvc puliLy which waq ¢hang¢d iiftcr yLar end 10 £80.OOQn in line with thL reduLiion in (h¢ orgianisdtion size. luimuvei. and workfoi'ce. Financi41 risk manaKement obJectlves &nd pollcles In exLess i)1. 911Q/r* ol. income M'as i-cccivcd Ii'onJ (hL NI IS and ilic significaiil I'i.sks wilh ihL Lnd of Ihc conii'act and TiJPL Iran5fLr ol-IhL majority ol. stat"f wtrc SUCCLSsfully managied. A d¢ficii budgLt has been sci fur IIIL futur¥ ol. the chaTity. basLd on limil¥d I'¥5cfvLS built dui'ing thL lindl pci'i(Id of thL N14S conlrdLI. Despite doublin&F thL non-NHS inconie during> ihe yedr, turilicr gi'oivth or additional lundiiig 15 rcquircd Lo crL&iIL a self-suslainablL busine.%s niodcl. 'I"he TrL15tLLS hdVL OVLfdll rLsponsibil ity lor ihe &yblcm c?I' inLLrnul L(IrLlI'ol, whilbt thL duy-ti)-dÉiy mk)nug¢m¢nl is delegaiLd li Il)c C.'F.() und (hL Scni()r M(Ina&Jcmeni -I'eam. Relcvani contri)1.s are designcd by sLnior managcmLnt to allow LII¥LIivL dnd cI-IIciLnl opcrutions, inLluding linanLial rLpi)I'lingJ and coinp1i£cL Ii'iih laws and rLgul<ltii)ns. 'I'h¢ 'l-rustLL.s JcknuM,ILdge ihal uLh <1 sysILm 15 dLSlg?nLd til rn(InugiL I'aihLr Ihun Lliminaii Ihi riik i)I' luilure li) ilLhiLWb businLSS IihjLLIivLS diid Lall ()nlv providc Irus()nablc and nol absolulL d.s%urance against ma(Lridl mi%¥idiLrnent or los.¥. 'I'licir arc I'cgular revicws and updal¢s ofpoliLies dnd pi'occdurcs. and appi'i)pi'iaic Icgal oi. prolessional ¢idviLe is souglil and l<)IIowLd us Bppri)priale. An)1 .4igniliLant L YLLPti(In% Irom appruvLd pi)1 iLiLS and pi'OCL.dui'e4 are reporlcd lu the .1 riiSICC8. PLANS FOR THE FUTURE 1.ltst year it was anticipaied thai l-'CS would cease all work with the end ofihL NFI% 'I-alking ThLfdpies contract which it was originally formed (i) senie. The re%crv¢s h¢ld and surplu5 gcneraled presenicd th¢ i)ppoi'lunity lo continuc to mcci. ai a r¢duccd siz¥. Ihc churilabl¥ objLLIIVCS. A deficii budget has been set. wilh growih sought to develop a su8tainabl¢ tuture capitalising on the r¢pulalion built during IhL period as the Nl IS service providei.. Growth in privall Ireaimenl volum¢s and the more comm¢r¢ial Corporate work is souglil, along iviili additional exLern&l funding to suppoi'i ihe subsidised oftering5. Caitful monitoring ofihe financial posilion is maintained and a reserve policy sel to ensure an aliernative paih can be taken il. the desired gi'owth 15 not achieved. Page 7
FAVERSHAM COUNSELLING SERVICE LIMITED REPORT OF THE TRUSTEES- eontinued For the year ended 31 March 2024 REFERENCE AND ADMINISTRA TIVE DETAIiS Registered Conjpany number 08287687 (England and Wales) Registered Charity number 1154989 Reglstered office l O Cialclicld l.ane Faveisham Kcnt ME13 8NX Trustees Louisc molrt (resigned 15 June 2023) Kdte Walker Guy Addinglon lappoinLed l May 2023) David Williams (appointed l May 20231 Alexandi'u Padureanu (appointed l May 2023 dnd resigned 28 Septembei. 20231 Rrigid Ferarrio lappoinicd l May 2023) Directors l.¢)uise Molion (resigned 15 Junc 2023) KatL Walkcr Guy Addington (appuinlcd l May ?0231 l)avid William.4 lappoinlLd l May 2023) A lexandi'u Padureanu lappoinied l May 2023 and resigned 28 %epiember 20231 Brigid l--erarrio (appninted l Mdy 20?3) ChiefExe¢utive Offleer Michellc Furd Atsditors Flilden Park Accountants Limited Chllrtered Accounlanls & Statutory Auditors Hilden Park House 79 Tonbridgc Road Hildenborough Kenl TNI19BH Page 8
FAVERSHAM COUNSELLING SERVICE LIMITED REPORT OF THE TRUSTEES- continued For the year ended 31 March 2024 STATEMENT OF TRUSTEES, RESPONSIBILITIES The Trustees (who are a150 the directors of Faversham Counselling ScrvTCC Limited for the purposes of ¢oiMpany law) are responsible for preparing the Report of the Trustees and ihe financial statements in accordance w?th applicable law and Uniled Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practi). Company law requires the Trustees to prepare financial statements for each financial period which give a true and fair view of the situation of the Charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable ¢ompany for that period. In preparing those financial ststements, the Trustees Ère required lo.. select Suitable accounting policies and then apply them consist¢ntly' observe the methods and princip195 in the Charity SORP: makc judgements and e5timate5 that are reasonable and prudent; prepare the financial statements on the going concern basis unless it is inappropriale to presume that the charitable company will continuc in bu5ine5S. The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable COTnpany and to enable them to ensure that the financial statements cornply with the Companies Act 2006. They ar¢ also r¢5ponsible for safeguarding ih¢ assets of the charitsble company and hence for taking reasonable steps for the prevention and detection of fraud and other leSUlarltIes. As far as the Ti'1151ee5 1É re aivarc.. Ihere is no relevant audit intonnation of which the charilal)Ic companv's auditors al'e iinawarc., and the Tru%lees l)ave taken all .sleps thai Ihcy ought lo have iaken to iiiake iheinseli'e5 aii'arc ol'any rclcvant audit infoniiatiun and ro establish tliai the auditors are aware of that infonnalion. AUDITORS The diidiiors. Hildcn Park Accnuiilanls Liniited. will bc prop03cd for re-appoinliknenl at tlie forthcoin ing Aniiual Gei)eral Mc.r,ling. Repon of the Trustees Rpproved by order of the board of Tru51ccs, as the company directors, on 4 Deceinber 2024 and signed on the board's behalf by: Chair- Kate Walker Page 9
INDEPE)DEJT AUDITOR'S REPORT TO THE TRUSTEES OF FAVLRSHAM COUNSELLING SERVICE LIMITED Opinio We have audited thL financial siaieinLnlS ol. Faversham Couns¥lling Sei'vice Limited Iihe 'charilabl¢ company'l lor the year Liid¢d 31 Mai'cli 2024 wliich ¢oiiiprisc Il)e Sialcmcnl ofFinaiicial Activities, tlic BalancL Shecl. the Cah flow SialcniLnt. and nol¢S to thL Iinan¢ial %talLm¢nts. in¢luding a Summary ol- signilicanl aountIng PD11¢1¥5. The financial rcporling fram¢w()rk Ilial has been applied in Iheii. pi'eparation is appliL<ibl¢ law and Uniied Kingdom Accounting Standards (United Kingd(Im Genei'ally Ac¢cpl¢d Accounting Pi'aciice). In our opinion ihc financial statements-. give a iiue and fail. view ofthc 5ta(e of the charitable company's anairs a5 ai 31 Mai'ch 2024 and of lis incoming resources and application of I'L50UI'CLS. including ils incom¥ and cxpendiiure. lor tIiL ycar then Lnded; havc bcen pi'upci-ly prepared in accordancc wilh United Kingdom Gcnerally Accepted Accounting Praclicc: und have been pi'eparLd in accoi'dancc witli Ihc rcquircmcnis of thc Compani¢s Aci ?006. Basis for opinion Wc LunduL(¥d our audi( in accordance iviih International Siand¢irds on Auditing (IJKI (ISAS {UKI) and applicable law. Our I'ebponsibiliiics und¥l' Ihosc biandai'ds are lui'ther desLTibLd in (he Audi(or.s' responsibiliiics for Ihc audil of the financial Sl4Jicmenls section ul. our rcporl. Wc arL Iiidcpciidcnr of il)e cl)ai'i(ablc coiiipaiiy iii accoi'daiicc witli tlie ciliical rcquii'cii)¢ni. Ili(Il ar¥ I'Ll¢vani Io Qui. dudii ()l-IhL I IndnLial btaiLmcnis iii ihe IJK. including (hc l.'RC's F.thiLuI Siandard, and we hav¥ lul I Illed our Iiih¥r Lihi¢ul I'¥sponsibiliLies in aLcordanLL with IhLSL rL4uifLniLnt8. WL bLIiL'VL thal the audii cvidLllcL h(IvL ubiainLd is suIIiLieiil ai)d appi'oi)rialL 111 pri)vidc a basis lor our opinion. Material uncertainty relAted to going c(trhtern WL druw aLLL'nLiuii li) Ni)IL l ul. IhL linaiilial Si¢ltemLnl.%. wl)iLli dis¥u.%s¢s Ili¢ Lhari labl¥ ¢onipany 5 ahi lily li) LuiilinuL a% il
()ing LVIILLI'n. TIIL ni)li ¢¥plains 111<11 wliill Ihi Lhdriiabl¥ Lumpany ha% .%ulliii¥iit I'l%l)LirLL.s In op¥1'al li?r IhL llL¥I Iwilv munlhs. il 1.8 LUI'I'Lnily wui'king ii'iili (i pl<innLd dLIiLii budgJLI 14-hilsi mun(lLmlnL I'¥VlL w Lliui)gwb I'¥quifLd. 'fhis dnd l(ILII)I'. discribLd iii tIiL I IlidllLldl I'LVILIN. Ire(ile d levLI Ill. ui)LLI'Liiinly ililil In
IhL linanLiuI 51atcmenl%. wr hai'L ci)ncludcd ihai (hc directors, use ol'thc gning ci)nLei'n basis of accoun(in8 in Ihc pi'epdi'dlil)n of Lh¥ l inunLial SI[LIlnt.5 1% uppi'ilpi'iate. Oui- resp()n.%ibilitlL¥ and Ihi r¥sponsibiliii¢b ol. Ih¥' LfusiLLS WIIII I'LSPLCt lu going COnL¥l'n ai'L dL's¢i'ib¢d in lh¢ rili'vJnL SLLtivns of thi$ rLpoi'l. Other InCorm4tion Thc other infiirnidliun comprises the inlurmdlion includLd in thL annual rLport. including thi Triis(¢es' reExJrl, oihci. Ihdn ihL rinanLial siatL'mcnls and our audiloj s rcport thcrcon. The Trustees al'e I'esponsible foi. the oLhcr inlorma(iun coniained within thL annual repoi'l. Our opinion on thc linancial statements doeb not covei. the other information and, Ixcepl lo the ¢xl¢nl othetTh¥ise eypliciily staicd in oui. I'cport, we do not expreys any form ufassuranLe conclusii)n tliercon. Our responsibility IS to I'cad Ihc othcr information and, in doing so. Lvnsider whether the other inlormation is materially inLonsisient ivith ihc Iinancial statemenLs: or our knowledge obiained during the audii. or uih¢rwise appears to be materially m isstaled. It. we idenli ly such material inLonsisiencies or apparent matei'ial misstaiements. we #re reqiiired to delerminc whcthei. Ihis gives I'ise to a matei'ial misstatcinLnt in the Iinancial statements theinselvcs. If. basLd on the woi'k ive have pertormed. we conclude that tliere is a rnatcrial mis8taLcment ot"tliis othei. infoiThation. we arc rcquircd lo report thai facl. We have nothing to rLpoi't in this I'egard. Page 10
INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF FAVERSHAM COUNSELLING SERVICE LIMITED- contlnued Opinions on oiher matters prescribed by the Companies Act 2006 In our opinion. bascd on the work undLI'taken during ihe audit: the inloi'mation given in Ihe Trusiccs, rcporL, which includes thc directors. repori prepared for Ilie purposes of company law, foi- the linancial for which the f1nancial siatemenis are prepai'cd is consisteni with thL financial siatemcnts. and the dii'ecioi's, r¢port included within Lh¢ Ti'ustees report hils b¢cn prepai-ed in cordanCe with applicable legal requirement5. Mgtteys whi¢h we gre required to report by exteption In thc ligh( ofihtt knowledgc and undti'standing ofthe company and its environment obtained durin8 Ihc audit, we have not idenlilied maiL"rial missial¢m¢nts in the dircctor$' report included iviihin the Truslees, repoi't. We have nothing to repL)I'l in respccl of Ihc following mai(ers in latiOn to which the Companies Aci 2006 rcquii'cs us lo reporl t() you It., in our opiniun.. adLqUiiW' and propel. aLLuunting records havc not been kepi, or I'etui'ns adcquate tor oui. audit have noi been received tr()m branchcs not visiled by us: ur thL financidl 5tdtemenLs ai'c nL)i in ugreemenl with the accouniing record5 and retuiY)s', ()r certain di.sclosui'c5 ofTiu%tec.s' I'emunLrali(In .gpecificd by law arc nol made.. oi. 'e have not rLcciv&d all ihL infoi'inalion dnd Lxplanations we requir¥ l¢)r our audit. Responsibilities of Trusttei As cxpldillLd more fiilly in ihL SiatLTllLnl ol-'I'rublcLS' RL.gponsibili(iLS, Ihc'frusleL.5 {who ari al.so the diYLCtors of(hL charitable company li)I' the purpose5 ul. Lvrnpany lawl arL rL'SP(Insiblc for ih¥ preparuti()n (Il. thL finuniial sLdlem¢nls and IOT being 5alislicd that they give a truc and lair view. and IOT such internal c()ntiol as ihc Tru.%re¢s dLierm inc 1.5 nccessdry lo enahlc The prLparalion uf lindnLitsl stalemLnis thai arL tree fi'om maLLrial misslaLLment. whc(hLr due 10 Irdud or crror. In prLpai'ing the linancial sia(cmLnl%, the '] rustCCS dfL rL%ponsiblc li)r assessing (hL LhariiablL Lompany'% abiliiy tl) L()ntinue b a gjuing concern, disclosing, (IS dpplicablc, maltLrs rclaled lo goinL) L(Incem and ubin2 Ihl guing LOllLLrn bthiis OI'>iLcouniiiig uiilcss Ilic Ti'us(eLs citliei. intend lo l iquid¢ltL (he cliai'ilabl¥ c()nipany or (o ccasc opcrati(Ins, or liavL no I'culistic altcrnalivc bul to do.w. Auditor's responsibilities for the audit of the flnaneiAI stxtements Oui. objLLtive% are to obtain rea50nablL dssurance abouL whether Lhc financial siut¥menls. as a whole. are tree from maicrial m issiaiemeni, wh¥ihLr dLJL t() Iraud or error, dnd to issue an audiii)I' s rerK)I't ihat includ¢5 our opinion. Reabonable assurance is a high level ol'assurancL bul 1% not a guaranlLc ihat an audit Londucled in a¢L()I'dancc with TSAS (UK) will 4ilivays dctLCi a niatLI'ial misstatemLnt when it txisl¥4. Mi&statemenis can Jrise from fi'aud or error and are con5idLred maicrial it, individually or in IhL agBregai¢. th¢y could r¢a50nably bc eypected 10 influenc¢ th¢ ¢¢onomic decisiuns of uscrs taken on the basi5 of these rinancial slal¢m¥nts. Irregul.1tles, including Ii'aud. ar¢ in&iancei ofnon-¢ompliance wi(li laws and rcgulations. W¢ design pi'ocedurcs in linc WILII our responsibilili¢s. ouilincd above. io detect matei'iaS mi5slalcmLn(s in respcct of irregularilieq. in¢luding fraud. The exteni lo which our procedures ar¢ capabl¢ i)f delecling iJTeguldrities. including fraud is dctailed belvw. Wc obiain¢d an und¢rstaiJding of the Icgal and regulaiory framcworks that are appl icable 10 the charilablc Company and dclcrmincd thdl Ihc most significant which have a direct malci'ial e(Tect on the amount8 and di5closui.es in the fin8cLaI slaicmenls are Ihc CoTnpanies Act 2006. 111¢ Charities Ac12011 and Charities SORP FRS 102. We also identified othei. law5 and rrgulaiions ivhich do not have a dircrt effect on th¢ amounts and disclosures in the financial staiements. bul whi¢h compliance is fundamcnlal io the enlity's operations including Employment Law. H¢alih and Safery Law. Data Proleclions Laws (including UK Gcneral Data Pi'otection Regulation ICJDPRI and cornpliance with the British Association for Counselling and Psychotherapy rcgulations and enquire5 were madc with mana8¢menl regarding proccdures in place lo ensure compliance. Pagell
INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF FAVERSHAM COUNSELLINC. SERVICE LIMITED- continued Having reviewed the laws and rtgulaLions applicable to the charitable company, we designed and pcrformed audii procedures to ob(ain sullicient appropriale evidence. Spccilically. we= Assigned an engageinent ieam to the audit that collectively had the appropriate coinpetence, capabiliries, and skills to ideniify or recogni5e non-Lonipliance wilh applicable law% and regulations. Enquired with managemeni on any non-LumplianLe with laws and I'cgulations. R¥vi¥M'Ld thi Icgdl Lxp¢nsL account% and legal Lori'espondence io idunLify polLntial liligalion or claims involving the entiiy. R¢viewcd inlcrnal policiLS and procedui'es and exLei'iial guidance. Reviewed Ih¢ L'ompleiene5s and accuracy of asso¢ial¥d disclosures made irt (he fin8mLial sl¢il¢menls. We assessed the susceptibility of the charilablc ¢ompany'5 linancial siatements (o material misstalcmcnt and fraud and in doiiig so.. C()nsidri'Ld wlieilirr IIILfr WLrc area.% (JI- Ilie linancial siaiemcnts particulai'ly susceptiblL lu fi'aud and cnquii'cd with rnanÉigLmLnt a5 ti) any known ur SU%PLLtLd insianLcs of Ii'aud and ihcir asscssmLnt ol. Iraud risk. Considci'Ld whc(hLr illandgLinLni havL IIILLnlivL.% and upporiuniiics io manipulate financial rLSulis und deiermincd ihc key udil I'i%k.% I'claL¥J Li) L(Implclcnc%% Ill. inL(>mL. mÉinagLmLnl UVLI'I-idL ol- Lonirols and i-estl'lLtLd fuiids. l-he risk ol- manugement ovei'ride tsl conirols l)ab been rL'VILwLd dnd ¢iudited. including Ihi'()ugih iesiing journal Lntrik's, QLL(iunting? ctstimalL% and DihLf ddju%tmLnt.s li)r Jppri)pridlLnLSS. I'u11hLrmL)I'L, (indlytiLal proc¢dur¢s WLre undLr(ak-Ln io ideniily any unusual ()r unexpeLied relationship8 and ii'an.8actiuns and iliL raiiuniile l)ehiiid ih¢sL W£1% illvcsligaicd. -rhL ri.sk ()f L()mplLtLnL%% i)l- inLI)InL hd.4 bLLll fLViLWLd and audi(Ld. including Iliriiugli subslanlivL tL%tiiig. along wilh a I'L iew ol-IliL ¢ippfupi'idlLnLSS ol. IhL dLL(ILinling pi)IiLy L(IllLLrning> iniumL fLLugniliun dnLI ¢ompl¥ling (ILldiled ciil (?Il' ILs1ing ¥i(hrr %ide ()1 (lir b¢iliinLL .%IILLI d<ilL. l)L¥lg?nLd and PLrli)I'lllLd dudil procLdur¥s t() i)biain %utliLIL'nl Jppi'upridie evidcncL includin&) subslantlVL IL%lin¥ in rLlati(In l() rLStI'iLLLd funds. Thc audii hus been planned dnd PLI-f()rmLd iii SULh a ivay as to bLSt ideniily I'isks <)r mJt¢i'ial misstatLmLni; hoii'cvcr: thL inhLI'Lni limitaiions ol. &udiL proccdui'es mcans ilia( tlicrc rcniains a ri%k (lial li'e will noi dLILLL all iri'egulariiiL8, inLludin Ih()8L ILadingi (() d maicrial misstatcmcni in Ihc linancial Si¢ilLmcnis 1)I' n()n-cnmplian¢c with rL¥uldtion. 'I'his ri8k inLfc(Ises the ni()I'L ihul conipliance with <1 Idw or I'Lgiildlion is removed Ironi ihc LVLnl.% und Iranballions rLflLLled in ihc flll<tnLiul 5taLLmLnl%. li'e ii'ill bc ILSS likLI)' to bLCDinc aii'arL ol. insldllLCS ol. iion-complianLc. ThL' I'i.%k 18 also nrLaier re(pardinn ii'rcgulai'itlLS occurring duc lo Irdud raihLr Ihan Lri'or. as fraud involvLS inieniional con¢LalmLnl, t)verridL ol'LoiIITols. lors¢ry. collusion. omission, or misrepresentation. A fui1hLr dLsLriplion of our r¥sponsibilili¢s for th¢ audit ol. th¥ linancial statements is localcd on th¥ F inancial RLPOI'iing Council's websitL at www.fr¢.org.uklaudilor5rcspon5ibilili¥S. This dcscription forms part of our R¢pnn ot. Ihc Auditors. Page 12
INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF FAVERSHAM COUNSELLING SERVICE LIMITED - contlnved Ust of our report This repnrl is niade solely lo the charitable company'.q membeT5, as a body. in occordance with Chaplei. 3 of Parl 16 of the Companies Act 2006. Oui. audit work has been undertaken so that we might state to the charitable company's mcmbcrs those maltcrs wf arc requii'ed to state to Il)em ii? an auditor's report and for no other purpose. To th¢ fullcsl exlenl permitted by law. we do not accept or a5surne i'csponsibility to anyonc otlicr than the charitable compony and dic charitable company's member5 as a body, for our audit work, for this repoi'l. or for the opinions we bave foiined. Paul Cliewlcr FCA for and on behalf of Hildeii Park Accountants Limited Ch&rtered Accountai)Is & Siathtory Auditors Hilden Park House 79 Tonbridge Road Hildenborough Keiit TNII 9BH Dalc: ..... iyote: TIIL niaiiilciiaiicL uiid iiilegi'ily of IliL company's wcbsilc is thc responsibility ol- Ihe Trnslees. the work carri¥d uul by the auditors does not ii)volve consideralioi) of these niaiiers and, aeeordin&Tly, Ili¢ auditors accept no responsibility for ally Changes that may have occurred to the financial slalemenls since thcy wcre initiully prescntcd oli the wch$ilc. Page 13
FAVERSHAM COUNSELLING SERVICE LIMITED STATEMENT OF FINANCIAL ACTIVITIES IINCLUDING INCOME AND EXPENDITURE ACCOUNT) FDr the year ended 31 March 2024 Unrestricted Fumds 31103124 31103123 Restriettd Funds Total Fvnds 31103124 31103123 Note 31103124 31103123 Income from: Donations and legacies Charitable activities Invesimcnts Total income 2,832 1,470,240 2,991 ,476,063 19,950 427,648 171.684 302,183 22,782 ,897,888 2,991 1.923,661 171.684 1.387,956 8S5 1.560.495 1.085,773 855 1.086.628 447.598 473.867 Expenditure on: Charitable aLIiI'iIICS 1,290,745 1290,745 1.230.262 1.230 ?62 575.547 575,547 393.153 ,866.292 1,866,292 1.623.415 1.623,415 Total expenditure 393,153 Gainl(lossl investments (24) (1,0251 124) {1.0251 Net income/(expellditure) 185,294 {144,659) (127,949) 80.714 57,345 (63.945) TrunsfL'rs b¥twLLn fund.s 1.38U 11,380) Net mov¢ment in fijnds 185,294 (143,279) (127,949) 79,334 57,345 (63,945) Reiork¢iliation of funds: Total fund5 brought fotivard 135,930 279.209 131,084 51.750 267,014 330.959 Totgl funds csrried forw*rd 321,224 135.930 131.084 324,359 267.014 The notes form part of thes¢ financial statements Pagc 14
FAVERSHAM COUNSELLING SERVICE LIMITED- REGISTERED NUMBER 08287687 BALANCE SHEET For the yewr ended 31 March 2024 Unrestrlcted Fvlld$ Reslricted Fund8 Totil Funds 3J103r24 31103123 31A)3124 31103123 31103124 31103123 Nots FIXED ASSETS Tartgible assets Investments 12 13 15,162 37,461 15,162 37.461 15,162 56,992 15,162 56,992 CURRENT ASSETS Debtors Cash at bhnk and in hand 14 37,603 209,461 34,190 243,651 37,603 3 135 131,084 335,419 3,135 131,084 373.022 209,461 165,274 374,735 369.887 CREDITORS Amount8 falling due within one year NET CURRENT ASSETS 13 63825 309,197 164.713 210,022 306,062 78,938 3,135 131.084 TOTAL ASSETS LESS CURRENT LIABILITIES 321,224 135.930 3,135 131,084 324J59 267,014 NET ASSETS 135930 131.084 324,359 267.014 FUNDS Unrestricted funds Restricted funds TOTAL FUNDS 17 321,224 135,930 321.224 3,135 324J59 135,930 131.084 267,014 131,084 131.084 321224 135,930 3,135 The financial statements were approved by the Board of Trustees and authorised for issue on 4 December 2024 and were signed on its behalf by. Chair- Kate Wa Th¢ not¢s form part of th¢s¢ financial 5tatemurts Pagc 15
FAVERSHAM COUNSELLING SERVICE LIMITED CASH FLOW STATEMENT For the year ended 31 March 2024 Yegr Ended 31.03.24 Year Ended 31.03.23 Notes Cash flows (used in)Ifrom operating activities Cash genei'atcd fiDm operations 19 143,239 84,464 Nel cash {uscd inyfrom uperaiing activities 143 239 84.464 Cash flows from investing getivitiey Purchasc ol-tangible lixed asse Procccds fiom s81¢ ol-tangible fixed assets Procecds Irom sale ol. lix¢d asset investm¢nlS Intercsi rcIvLd 11,0671 5,475 19,507 2.991 (35,208) 85) Ncl Lash used in investing activities 34.353) Change in ¢ash cash equivglents in the reporting period Cash and cAsh equivalents at the beginning of the reporting period 170,145 50,11 I 165,274 115.163 Cash And eAsh equiv4lents At the end of the reporting period 3JS,419 165.274 The notes form p1 of these financial statemenls Page 16
FAVERSHAM COUNSELLING SERVICE LIMITED NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 March 2024 ACCOUPUJNC. POLICIES Basis of prtpgrlnLT the tlnanciAI stJtements Faversham C.uun8ellin¥ Servi¢¥ Limitcd is a privale charilable cunipany limiicd by guar¢iniec regis(ci'cd in Lngland and Wales. In thL Lvent ol'Llie chari(>' heiiig wound up ilie liability to membcrs in .p¢Ll ol-IhL guaranlce is limiied. Th dddr¢ss (It-lho r¢gistcrLd ofticc is given in ihc LhiLY informaiion on pag¥ l O ol'ihe repuri ufihe TrustLes. -rhe nÉilurc ol-(he charity, upci'aiions and principal activities is the provision i)f pri)fcqqional counselling. Thc financial staictncnls ol. the chai'itablc Lompdny> ivhiLh is a public bLnclit enlity under FRS 102. have bccn pr¥parLd in aLCOI.daiicc wilh Ihc Charilics $1)RP {I,-RS 102) 'AcLuuniing and Rcporiing by Chai'iliCS- siaiemcnl of Recommcnded Praciice applicable 10 chai'iii¥S preparing tlieir accounts in aLLorddnce willi ihL Financial Rcpoi'iiiig Standard applicable iii thc IIK and Rcpublie ol. Ii'eland (FRS 1021 (ellective l Januaiy 20191.. Financial Reporling Sidndai-d 102 'The l."inanLial Rcp()rLing Si<ind<ll'd appliLahle in Ihc UK and RL'public ot Ii'eland, <ind tliL Companies Aci 2006. Thc Iinancial Sidtemenls havL btin pi'ipiircd undLI' thL hi.%ti)riLal ctssi convention, wilh th¢ CLPt10n of invc8tmcnls which ar¢ included ai mai'ket value. 'I'hL finunLi¢il Siutitninls afb pi'¢sented in pounds StLrlin8 dnd roundLd io lh¢ nLai'est pound. Going concer RLSknrvL% dl )Lai' Lnd WLI'L such th&i ihc 'l"rusiLLS hud a r¥a50niiblL LXPLLtalii)n tha( thL Lhai'itablc Company has adequal¥ rLSLiurL'cs Ii) continuL in LILL45 1)1-12 nionihs 80 ihosL' to Ll)nlinuL' l)i)erdting with <1 planned dLI ILI I bud¥ci and adoplLd Ilie goiiig babi.s iii pi'¥l)dl'ii)g I11is¥ IiiidJiLial %laL¥ni¥lllb ivliilsl InaiiagiLiiiLiiL 1-LviL- Lliai)bl¥s I'iquii'Ld. NI-IS conticl inLunii 1% I'LLllg?lli%Ld ivhin (hL charii). ib ÉiblL Iu LhJi'L)L fi)r thL LfViLL$ pruvidld LJndLI- IhLif Lonli'iiLt% <ind as I'LcognisLd by Il)L IAPT .4y.%lLm. InLonie I'iL¢ived in advaiiLL' i)I' IIIL serviLe.% bLin¥ pi'()vid¥d is illLludLd as d¥lii'i'Ld iiii<)ni¥. InLuine fioni donations and gi'anib Ib inLludLd in inLvi))I htyn lh¥ Lhdl'ily 18 LntiLILd li? thL lundb. thL rLLLipI ib priTrbabl¥. and thL ¢im(iun( L<ili l)c nicasurcd Tclial?ly. l.nr donations. Ihi% 1% usually on I'cccip(. l or gi'anis. Ili1% 1.% u.4ually M,hcn a loriiial ollir ILllcr 15 madL in wriling. unlLS* IhL Erant Loniacis ILrmb and Londilions outsidL l)I'ihi charily's Li)ntiM)I whiLli musi b InLI bLlor¥ LhL charity ib LntiilLd (() IhL lunds. WhLI'L SULli ¢ondili(Ins ¥xi,sl. lh¢ incumL is dLfei'r¥d until ihosL PLriods. When donorb specify that donalions and granls, ar¢ lor PdrtiLulJr resii'icLed pui'posLs: which do nvl amoun( (o pr¢-condi(ions r¢gai'ding enti(Icmcni. Ihis in¢omc is included in income ofr¢sli'i¢t¥d funds Kvhen recLivabl¢. Invcsttn¥nt incomc is included when receivable and lh¢ iunuunt can bL mLasurLd I'cliably by the Cvmpy, this 15 norrnally upon noLilication ot'ilic intcrcsi paid or payable by the inslilulion iviih wlium Llie lunds are deposited. Expenditure L%penditUl'c is rccogniscd ¥yhcn a pi'c5cnt Icgal or consiruclive obligaiiun exists at thc balance sheel dale d% a rcsuli of a pa%[ ei'eni. li is probable that a trwisler ofeconomiL benelits will bc rcquircd io beiile ihe vhligalion. and thc amounl can bc eblimated reliably. The charity has only one Lharitable activity io which direLt 2nd suppai't costs arc allocaied. Sial-fcostb al'e allocalcd beiween dii'cct and support costs on the basis ot'the st&lT members job roles. Support LO.Sts are those functions that assist the work ot'thL chari(y but do not dii'ectly relate to thc charitable activities and includc govci'nancc cosls. Page 17
FAVERSHAM COUNSELLING SERVICE LIMITED NOTES TO THE FINANCIAL STATEMENTS- eontinued For the year ended 31 Mirch 2024 ACCOUNTING POLICIES- continued Pension costs and other post-retiremen¢ benefits The company opei'alcs a defined conii'ibuiion pension scheme. Conlributiorts payable io the schemes are charged to the Statemeni of binancial Aciivitics in the period to which Ih¢y relale. Fund aCCOUDting Unrcstricied fijnds can be used in accordance with the charitable objectives at thc discretion of the Truslees. Restricted funds can only bc used for the particulai. pui'po.8es ivithin ihc objects of Ihc chariry. Reslriciions arise when specilied by the donor or when lunds arc raised for particular reslriclcd purposes. Tangible fixed SSet5 Tangible fixed &ssets are staicd ai cust less depreciation. Individual assets costing £200 or morL are capitslised at cost. r)Lpreciation is provided at ralL& ciIILula(Ld iu write oft-the cosl less estimated rcsidual v&lue ol-¥aLh a58et ovcr ils ixpeLied useful lifc, as follows.. Fixlui'e5 and fitlings Computcr CqUiPTnent 25 /0 Straight line Siraighi line over 3 ycars Fii¢d ¥sJ¢t inv¢¥tm¢ntJ Filed assei inves(menis arc iniiially rcLognised al Iransaclion price excluding transaction ¢osl¥. and ihLrclore dre subsequcnily mcasurcd at fair value al each rcporting dalL.. Changes in f&ir valuL are rccognisLd in the Siaicmvnl ot Findncial Activities. Leasing commitment5 Rentals paid under operating Icascs ar¢ chargcd Lo ihe Siaiemenl ol- Financial Activilic5 Qri a straighi-line basis ov¢r Ihc pLriod (jrthe le&se. Page 18
FAVERSHAM COUNSELLING SERVICE LIMITED NOTES TO THE FINANCIAL STATEMENTS- continued For the year ended 31 March 2024 INCOME FROM DONATIONS AND LEGACIES Unrestrieted Funds 31103n024 3110312023 Restritttd Funds 3110312024 3110312023 Total Funds 3110312024 31103ll023 Kent and M¢dway CCG NI IS TT Innovatiort Kent Community Foundalion NI IS IAPT Training and supporl NHS Projcct lunding Dovrr Disirict Council Cilfftmunily FunLI SwalL FJoi'i)ugh CuunLiI Commiiiee Funding ()thci- donu(ic)ns 100,787 26.000 100,787 26.000 i 0.000 10.000 15,000 4,950 32,120 15,000 4,950 32,120 1.102 1,10? 1.675 1,675 Z.832 22.782 Total 2,832 11).950 171.()114 171.()84 INCOME FROM CHARITABLE AC.TIVITIES Unre5tricled Fuhds 3110312024 3110312023 Restricted Fund5 Total Funds 3110312024 31111312023 3110312024 3110312023 NI IS income ,349,375 1.0?8,105 402,513 289.406 1,751,888 .317,51 Othcr incom¢ 120,865 .470.240 57.668 1.0115,773 25.135 427,648 1?.777 302.183 146.000 .897.888 70.445 1.387.956 Total INVESTMENT INCOME Unrestricted Funds Restricted Funds Total Funds 31103ll024 3110312023 3110312024 3110312023 3110312024 3110312023 Investment income 2.991 2,991 85) 8)5 1155 Total 855 2.991 Page 19
FAVERSHAM COUNSELLING SERVICE LIMITED NOTES TO THE FINANCIAL STATEMENTS- continued For the year ended 31 March 2024 ANALYSIS OF CHARITABLE EXPENDITURE UNRESTRICTED FUNDS Direet eosts (Note 6) Support Costs INot¢ 7) Total 31103n024 3110312023 3110312024 3110312023 3110312024 31103ll023 Counselling services 868,020 801,029 422,725 429,233 ,290,745 1.230.262 Total 868,020 801 .029 422,72S 4?9.233 .290 745 1 ?30.262 ANALYSIS OF CHARITABLE EXPENDITURE RESTRICTED FUIYDS Dire¢t costs (Note 6) Suppor¢ Costs INo¢e 71 Total 3110312024 3110312023 3110312024 3110312Q23 3110312024 3110312023 Lmploymenl costs 548,412 377,324 27,135 15.829 575,547 393.153 Total 548,412 377.324 27.135 l j.821) 575.547 31)3.153 ANALYSIS OF DIRECT COSTS Total Funds 3110312024 3110312023 Staff costs Counscllors Room hire Total 1,353,891 37,226 25.315 1,416,432 1.131.141 22,547 24.665 1.178.353 Pagc 20
FAVERSHAM COUNSELLING SERVICE LIMITED NOTES TO THE FINANCIAL STATEMENTS- continued For the year tnded 31 March 2024 ANALYSIS OF SUPPORT COSTS Total Fynd5 31103n024 3110312023 Staff costs Other staff costs Depr¢¢iaiion Profit on salc of tangible fixed as5els Insurance Telephone Postage and stationery Advertising Oihcr costs Travel IT pCn5cs Accountancy and bookkeepin8 Le8al and professional t¥es Consuliants Repairs and maintenance Cleaning Subscriptions Bad debts Bank charges Oovernance costs 263,027 19,802 17,947 (56) 6,105 8314 5,037 6J23 383 3,957 76376 3J61 11,833 11.522 296 275,450 20,509 13,934 4,471 9,940 7.802 7.322 1,818 1.994 5¥.¥33 6.826 9.092 11,956 1,245 3.156 776 838 100 9.000 4,996 921 574 140 9,000 Total 449.860 445 062 Page 21
FAVERSHAM COUNSELLING SERVICE LIMITED NOTES TO THE FI]*ANCIAL STATEMENTS- continued For the year ended 31 March 2024 TRUSTEES, REMUNERATION AND BENEFITS Thei'e wcrc no Trustecs, remunei'aLion oi. othcr benefits for the ycar ended 31 Mai'ch 2024 nor the period ended 31 Mar¢h 20?3. Trusttes, eypenses Ther¢ wei'e no Trust¢es' expenses paid for the ycar end¢d 31 MarLh 2024 nor the period ended 31 March 2023. NET INCOMEI{EXPENDITURE) AND NET MOVEMEIYT IN FUNDS Nel incomel(expendiLurc) and neL movemcnl in fijnds 15 slated aftei- chargingl(crcditingl.' YeAr ended 3110312024 YeBr endcd 3110312023 Depi'cciation Audilurs, remunei'ation for dudit seiwices Audil()rs' remunei'alion l(Ir non-audit serviccs Prolil on diSPOSdl of filed as5Ct5 OpL'I'aiing lease rentals 17,947 9,000 3,361 (56) 13,600 13,934 9.000 6,826 13.500 io. STAFF COSTS AND REMLNERATION OF KEY PERSONNEL Year ended 3110312024 Year endcd 3110312023 Wagc5 and salaries Social sL"Lurily costs Oiher pension costs 1,446,759 139.524 30.635 1,616,918 .264.789 117,429 24.373 1.406.591 The averdge monthly nutnbcr of employee5 during the period was as follows: Year ended 3110312024 Year ended 3110312023 48 46 The total empluyment benefit.s including employer pension Loniribution5 of the key management pcrsonnel was £87.738 (2023- £79.9391 l employcc I'cccived emoluments in excess of £70.000 (2023= 1 employee in excess of £60,000) Pagc 22
FAVERSHAM COUNSELLING SERVICE LIMITED NOTES TO THE FINANCIAL STATEMENTS- Continued For the yeArended JI March 2024 AUDITOR'S REMUIYERA TION The auditor's remuneraiion of £9.00012023'. £9.000) related solely lo th¢ audit with additional work being undertaken ot-£3,36112023: £6,826) in relation to other accounldncy seryi¢es. 12. TANGIBLE FIXED ASSETS Fixtures and filtings Computer cquipment Tulals COST At l April 2023 Additions Disposa15 4,629 54,856 1,067 15,509) S9,485 1,067 20,138) 14,6291 Ai 31 MurLh 2024 DEPRECIATION At l April 2023 Charg¢ for period F.limin#iL'd on di8pusal 3,630 999 4,629) 18,394 16,948 10.090 22,024 17,947 14,719 At 31 March 2024 25,252 NET BOOK VALUE Al 31 Miirch 2024 At 31 March 2023 999 36.462 37.461 13. FIXED ASSET INVESTMENTS Listed investments MARKET VALUE At l April 2023 Disposals Valuation changes 19,531 {19,507) (24) Ac 31 Mw'ch 2024 NET BOOK VALUE At 31 March 2024 Ai 31 March 2023 19,531 Page 23
FAVERSHAM COUNSELLING SERVICE LIMITED NOTES TO THE FINANCIAL STATEMENTS- Continued For the year ended 31 MArcb 2024 14. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade debtors Accnjed inwme Prcpayfflen15 34,134 180.399 1.920 27.142 3,469 37,603 209.461 15. CREDITORS: AMOUNTS +ALLING DUE WITHIN ONE VEAR 2024 2023 Trade crcdilors Social SCLuriry and oihcr tiles Othcr crrdi(ors DclcrrLd incomc Accruals 12,129 32,576 6,608 46,321 27.271 4,905 74.210 12.006 12 63,825 164,713 The dctcrrcd income movcmenl in Ih¢ ycar is as tollows.. 2024 2023 Income dcfcrred from Ihc previous year Released io the staiem¢ni of financial uctivities Arising durii?g the curreiiiyear.. Grunts and donations required to be spent in future periods 74,210 (74,2101 74,210 Balan¢¢ at 31 March 2024 16. OPERATING LEASE COMMITMENTS Minimum lease payments under operating leases fall due as follows: 2024 2023 Net obligations repayable: Wiihin one year Between one and five year5 576 13,600 15,867 576 29.467 Page 24
FAVERSHAM COUNSELLING SERVICE LIMITED NOTES TO THE FINANCIAL STATEMENTS- continued F•r the year ended 31 Mgrch 2024 17. MOVEMEiYf IN FUNDS Nct movement in funds At 3110312024 AI 0110412023 Unrestricted funds Gcncral lund 135.930 185,294 321324 Restri¢ted thnds 131,084 {127,949) 3,lJ5 TOTAL FUNDS 267.U14 324,359 Nei movcmLni in lunds. in¢ludLd in the abov¢ arc a.% fi?Ilows'. Incoming resoui'ces RcsuurLes ¢xpend¢d liranstcrs Gains and Movement in funds Unrestricted funds Cieneral tund 1,476,063 {1,290.745) 124) 185,294 Restricted funds HIT and PWP salary support Outrcuch Worker and Gradua P.8ychologisi salary SUPlX)rt IAP'I" Innovation training NI IS TT Innovation NHS IAPT training and support NI IS Projcct Dovcr District Council Community Fund Carers, Support Easi Kent PCIT Parkinson s Macmillian Cancer Care 402,513 (402,513) 177J96) 177,396) 127,464) 126,000) 15,000) (4,950) (224) 11,545) 15,5ZO) (27,464) 126,(KlO) 15,000 4,95 1224) 615 2520 2,160 8,040 447,598 {575J47) 1127,949) TOTAL FUNDS ,923 661 {1.866,292 24 57,345 Page 25
FAVERSHAM COUNSELLING SERVICE LIMITED NOTES TO THE FINANCIAL STA TEMENTS - continued For the yegr ended 31 Marth 2024 17. MOVEME1 IN FUNDS (continued) Compgrativ¢s for movement in funds Net movemenl in funds Ai 3110312023 A¢0110112022 Unrestricted funds C7eneral fijnd 279.209 (143,279) 135.930 RtStrlcted funds Outreach Worker and Cwraduate Psychologisl salary supporl 51,750 79.334 131.084 TOTAL FUNDS 3311.1)5() 163 1)451 2(17.014 Comparative net movement in funds. included in the above are as follows- Incoming rcsources RLsourLL's expended Iiranslers CJains and Movement lusses in funds Unrestrlcted funds LTeneral fund 1,086,628 (1,228,882) (1.025) {143,279) Restricted funds HIT and PWP salary supp011 Oulr¢a¢h Worker and Graduate Psychologisi salary support Kent Community Digital Inclusion Fund IAPT Innovation trainirtg NHS TT Innovaliort Dover Dislrici Council Community Fund Swalc Boruugh Council Committee Fundin8 302.183 (302.183) {75.141) 100.787 25,646 i 0.000 32.120 26,000 1,102 ,675 ( i 0.000) (4.656) 27,464 26,000 224 1878) (1.675) 473,867 1394,533) 79,334 TOTAL FUNDS l.i611.495 (1.623.415 .025 163.94) Page 26
FAVERSHAM COUNSELLING SERVICE LIMITED NOTES TO THE FINANCIAL STATEMENTS- continued For the year endtd 31 Mirch 2024 18. RESTRICTED FUNDS The incomc NdS of the charity include restrictcd lunds comprising the following uncxpended balances of donacions and gran(s held on trust lor specific purposes. Movement In funds Balanct ai I April 2023 Incoming resource5 ReSoue$ expended Tranjfers B*lgftce at 31 March 2024 HIT and PWP ii'ainee salary suppori Ou(rc¢ich Worker and Graduaic P5yLhnlogi8t salaiy .8uppor( 402,313 {402,513) 77.396 (77,3961 NI IS IAVI- InnovdlioTI ti'aining NHS TT Innovati()n 27.464 (27,4641 26,000 (26,000) NHS IAP'I- training and suppor( NHS Projeci 15,000 (15.000) 4,950 (4,950) Dover Districi Council Community Fund Carers, Suppori F.asi K¢nl PCIT- Parkinson'.y Mucmillan Lancer Carc 224 (224) 2,160 8,040 14,935 (1,545) IS,520) (14,935) 615 2J20 131.084 447,598 (575,547) 3,135 HIT and PWP trainee 5414ry support- NHS funding from both H¢alih Education En8land and Kent and Medivay ICB for salai'ies and support costs nf the HIT (Hi8h Ini¢nsily Training) and PWP (Psycholngical Wellbeiftg Praclitioncr) trainees. Outreaeh Worker Ind GrAduAte Psychologist salary support- NFIS fijnding from the Kenl and M¢dway ICB for the salaries and support costs of Lhe Outreach Workcr and Graduate Psychologist. NHS IAPT Innovation trainin8- Funding was received to providc additional education. training. and support lo IAPT traincc and qualified Iherapists. NHS rr rnTroYation - Funding was rcccived to promote relenlion, expansion and dEvclopTncnt of Ihe NHS Talking Therapies workforce, assisting the developmcnt of supervision and 5UPPOrt rnechanisrns. NHS IAPT training and support- Additional funding received to support the NHS talking therapics service to a55iSt retention dui'ing service change. Page 27
FAVERSHAM COUNSELLING SERVICE LIMITED NOTES TO THE FINANCIAL STATEMENTS- continued For the yearended 31 March 2024 18. RESTRICTED FUNDS CONTINUED NHS Projeet - Thi5 funding supportcd a collaboralivc inv&sligation and rerK)rt intu young people's cngagcnient with NHS talking therapies services and prDinolion ol- Ihc same. Dover District Couneil Community Fund- this funding was receivcd to provide group sessions in Dover designed to dcstigmati5c m¢nlal health conditions and incrc&se inclusivily through (i&ining and the developmcnt of free activities. Carer5' Support East Kent- Sessional Ircatmenl ndIng received in the period to Specifically io provide treatmcnt to carers who are rcferred by Carcrs, Support. PCIT - Parkinson, Sessional treatment funding received in the period to Specifically lo provide trcalmeni to mLmbers who are refci'rcd by PCIT. MAcMillgn Cancer Cre - Funding received specifically to provide group ¢ducaiion and counselling io Macmillian patienls. 19. RECONCILIATIOIY OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES Yer ended YLar endcd 3110312024 3110312023 Net Ineome for the reporting perlod l*s per the Statement of Flnanclal Activities) Adju5(ment5 fur: Depreciation charge.4 Intcrc%l rcceived IGain)/loss on fix¢d asscl investmenls Loss on disposal of tixed assets Increase in dL.biors (DccreBse)lincrease in crL'diwr5 57,345 163.945) 17,947 12,991) 24 156) 171,858 I I U0.888 13.934 (855) 1.025 19.278 115 027 Net cAsh provid¢d by optrAtlons 143,239 84.464 20. ANALYSIS OF CHANGES IN NET FUNDS At IA)412023 Cash flow At 3110312024 Net easb Lash ac bank and in hand 165.274 170,145 335,419 Totsl 165.274 170,145 335419 Page 28
FAVERSHAM COUNSELLING SERVICE LJMITED NOTES TO THE FINANCIAL STATEMENTS- continued For the year ended 31 Mwrth 2024 21. RELATED PARTY TRANSACTIONS The were no related party transactions for the year ended 31 March 2024 or the year ended 31 March 2023. 22. PENSION COMMITMENTS The company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the company in 8n independently administered fund. The pension cost charge represents LX)ntributions payable by the company ts) the fund and amOUnd to £6,608 (2023: £4.905). Page 29