Charity registration number 11679121England and Wales) ARTS THERAPIES FOR CHILDREN ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE TEN MONTH PERIOD ENDED 30 APRIL 2025
ARTS THERAPIES FOR CHILDREN LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mr. S Fhima MBE Mr. J A Gilmour Mr. o firoche Mr. A Hersh (silent trustee) Mrs. A Sonn Mrs. AJacobson (Appointed 25 May 20251 {Appointed 16 November 20251 Charty numbèr 1167912 Principal address 23 Ravenshurst Avenue Hendon London NW4 4EE Independent examiner Anthony Epstein FCA Paragon Partn8rs Limited Churchill House 137 - 139 Brent Street London NW4 4DJ
ARTS THERAPIES FOR CHILDREN CONTENTS Pago Trustees report Independent examiner's report Statement of financial activities Balance sheet Notes lo the financial statements 8-12
ARTS THERAPIES FOR CHILDREN TRUSTEES REPORT FOR THE TEN MONTH PERIOD ENDED 30 APRIL 2025 The trustees present their report and accounts for the ten month period ended 30 April 2025. The accounts have been prepared in accordan with the accounting policie5 set out in nots 1 to Ihe accounts and comply with the charity's governing document, the Charities Act 2011 and the Statement of Recommended Practice, "Accounting and Reporting by Charities" issued in Marth 2005. Objectlves and actlvttles Arts Therapies for Children was established for Ihe benefit of the public to promote and protect the emotional and mental wellb8ing of children agod 11 who are experiencing learning. behavioural, emotional, or social difficulb'es. This is achieved through the provision of arts therapies delivered within a supportive. s¢hookbased environment. Complementing the child's educational experience. All charttable activities are undertaken in furtherance of the charity's objectives and for the public benefit. The Trustees confirm that they have had due regard to the Charity Commission's guidance on publi¢ benefit when planning and reviewing the charity's activities. All our charitable activities focus on these objectives as detailed above and ar8 undertaken to rther our charitable purposes for the public benefit. The Tnjstees confinn thal they have refeThed to the Charity Commission's general guidance on the public benefit. The trustees have paid due regard to guidance issued by the Charity Commission in deciding what aclivitie5 the charity should undertake. Achievements and perforniance During the period, the Trustees gratefully received donations and grants, as detailed in the Statemenl of Financial Activities, enabling Arts Therapies for Children {ATFC) to continue responding to a growing and increasingly complex level of need among primary-aged ¢hildren. Schools continue to face significant financial and capacity pressures, limiting their ability to provide timely therapeLrtic support. ATFC addresses this gap by delivering creative therapies directly within schools and SLJbsidising provision where required. Under the leadership of the CEO, Natssha Ainloy, a qualified art therapist, ATFC now delivers therapy across 37 prlmary s¢hool$, supporting ovor 230 Children each week. Referral dats ijernonstrates high levels of anxiely, emotional regulation difficulties, neurodiversity (including ADHD and aulism). family disruption, safeguarding concerns, and bereavement. Many children present wilh multiple overlapping needs, reinforcing the importance of flexible, trauma-informed therapeutic intervention. In addition to its core school-ba5ed provision, ATFC operates.. a Crlsls Fund, fully subsidising therapy for urgent cases where no altemative funding is available- a Grief Project supporting children experiencing bereavement and loss., and a Parent Project. supporting parents alongside their child's therapeutic journey. Demand for services continues to exceed capacity, and the charity maintains a wailing list where necessary. The Trustees consider this both an indication of unmel need and evidence of the value placed on ATFC'S services by schools and families. Resee$ policy The Trustees re¢ognise the importance of maintaining appropriate resen$ to ensure financial stability and service continuity. The charity aims to maintain reserves equivalent lo approximatoly 25•/o (threo monthsl of annual running costs. These re$erve$ are primarily intended lo $upport om0r9•ncy and crf81$ cases, including mid-lerm SENCO referrals. Reserves are reviewed by the Board iwice yearly lo ensure adequacy in light of operational commitments and future plans.
ARTS THERAPIES FOR CHILDREN TRUSTEES REPORT (CONTINUED) FOR THE TEN MONTH PERIOD ENDED 30 APRIL 2025 Financial revlèw The finan¢ial statements flect the Gharity's actiwties during the 10-month period. Income and expenditure have been closely monitored in the context of rising demand and delivery costs. The Trustees have ass8ssed the principal risks facing the charity. induding financial sustainability. staffing capacity, and increasing demand for services, and are satisfied that appropriate systems and oversight are in place to manage these risks. Our methodology Arts Th6rapies for Children d81ivers creative therapeutic support through a $¢hool-based, trauMa-Infornd model focused on earfy intervention. Therapy is delivered within sthools, removing barriers to ac£ess and supporting childr8n in a familiar and safe environment. Referrals are identified and prioritised by school SENCOS and wellbeing leads, ensuring support reaches children with the greatest need. Each child typically receives weekly therapy sessions tailor8d to their individual circumstances. Therapists work creatively and flexibly, Supported by regular professional supervision and robust safeguarding frameworks. ATFC works collaboralively with schools and parents where appropriate, regnisIng the importance of a holistic support nehvork around each child. Funding The charitys income is derived from a dlverse fundlng mlx, induding.. fundraising events, including Ihe annual dinner., grants and foundations: individual donor6 and majorsupporters" and contributions from parents and schools towards subsidised Iherapy provision. This rnixed model enables ATFC to maintain affordabilty while ensuring high-qualty delivery. Additional support is provided through the Crisis Fund for families experiencing financial hardship. How perfomiance and success are measured: ATFC Ljses a ¢ombination of qualitative and quantitative Measures to evaluate its effectiveness. Due to the age and vulnerability of beneficiaries, feedba¢k is gathered through professional assessment, end-of-therapy questionnaires. and feedback from parents, teachers, and schools. In addition, ATFC undertakes an annual wellbeing survey to assess outcomes and impact. During the period. evaluation data demonstrated ¢onsistently positive SuIts across both individual and wider school outcomes. Based on the 2024-25 wellbeing survey using the Stirling Children's Wellbeing Scale, IOOPA of schools reported improved wgllbeing among children receiving therapy. and 100°h stated they would rocomm•nd ATFC other s¢hool$. 95% of chlldren reported being very Satisfied with their therapist, 92(A+ felt more supported and Cared for, and 90•1. demonstrated greatsr emotional resilionce and coping skills. Schools also reported wider benefits, with 79•A noting a positive impa¢t on the broader school community and 77% observlng beneflts Èxtendlng to the whole ¢las$. During the academic year, the charily delivered approximately 7,000 therapy sessions, including over 600 fully funded sessions for children from families experiencing financial hardship. Plans for future perlods The Trustees plan to continue delivering highquality therapèutic support while $tr8ngthening financial $ustainabilty, increasing oryanisational capacity, and reducing waiting times. Priorities include expanding parontal support, deepening partnerships with schools and community organisations, and ensuring the Charity romains resilient in the face of growlng demand. Structure, governance and management The charity was established by a charitable trust deed on 28 June 2016.
ARTS THERAPIES FOR CHILDREN TRUSTEES REPORT {CONTINUED> FOR THE TEN MONTH PERIOD ENDED 30 APRIL 2025 The trustees who served during the len month period and up to the date of signature of the fjnan¢ial stalements were.. Mr. S Fhima MBE Mr. J A Gilmour Mr. O Tiroche DrA. D. Hirschowitz BDS Mr. A Hersh (silent trustee) Mrs. A Sonn Mrs. A Jacobson (Resigned 30 O¢tober 2024) (Appointed 25 May 2025) (Appointed 16 November 2025) Mr A Hersh serves as a silent trustse, providing continuty and support to th8 Board while not being invofved in day-to-day gov&manc8 or operational decision-making. The Trustees meet regularly to review strategy, financial performance. and risk. New Trustees re1ve appropriate induction and ongoing support. Background of main trustses: Shlmon Fhima MBE Shimon Fhima MBE grew up in Broughton Park, Salford. After four year5 in Talmudic ¢ollege, he ¢ompleted an LLB. He is now a senior civil servant in the Ministry of Defence having previously held posts in the Home Offic8, Treasury and HMRC. In his spare time, he is a volunteer first respondei for the Hatzola Ambulance Service. H8 liv8s in Edgware with his wrfe and five children. Omor Tiroche Omer works as an art deal81 and runs his gallery in London. so is well placed to understand the role that art can s&rve for people and society. H8 has been involved with the British Friends of the Art Museums of Israel and various other charities, placing him in a great position to help propel the charity. Jonathan Gilmour Jonathan is a Partner at City law firm Travers Smith, where he heads its Detivatives & Structured Products practi and regularfy advises trustees on their legal and fiduciary duties. Jonathan is also twstee of two other charities both in the field of education. Angela Jacobson As a seasoned Chartered Acrx)untsnt. Angela brings extensive expertise in financial management and strategic leadership. Wrth a background in both start-ups and major commercial organizations, she has a unique understanding of Ihe financial and operational challenges businesses face. Angela's experiencE extends beyond the corporale world, having volunteered as a Financial Representative for several charities. She is well-versed in the Importan of robust govemance and financial oversight in the non-profft sedor. Allson Sonn Alison joined the Board as a Tnjstee in May 2025. She grew up in Cardiff and, after graduating in 1989, moved to London to attend law school. Alison worked for several years as a ¢riminal defen solicitor-advocate before taking time out to raise her children. She has over 20 years. experience in the charity sector, induding work with the Citizens Advi¢e Bureau, and previously seNed as a trustee of Camp Simcha for 12 years. A Hornh Silent trustee.
ARTS THERAPIES FOR CHILDREN TRUSTEES REPORT (CONTINUED) FOR THE TEN MONTH PERIOD ENDED 30 APRIL 2025 The trustees report was approved by the Board of Trustees. Mr. S Fhima MBE Trusteo 12 February 2026
ARTS THERAPIES FOR CHILDREN INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ARTS THERAPIES FOR CHILDREN I report to the ttustees on my examination of the financial statements of Arts Therapies For Children (the charity) for the ten month period ended 30 April 2025. Responslbllltles and basis of report As the trustees of the charity you are responsible for the preparation of th8 financial ststements in accordance with the requirements of the Charitie5 Act 2011. I report in resped of my examination of the charity's financial statements carried out under section 145 of Ihe Charities Acl 2011, In ¢arrying out my examination I have followed the Direcknons given by the Charity Commission under section 145(5}(b) of the Charities Act 2011. Independent examlnerfs statement Since the charity's gross income exceeded £250,000, the independent examiner must be a m8mber of a body listed in section 145 of the Charilies Act 2011. 1 confimi that l am qualified lo undertake the examination because l am member of ICAEW, which is one ofthe listed bodies. Your aitention is drawn to the fact that the Gharily has prepared the financial stalements in accordance with the relevant version of the Statement of Recommended Practi applicable to charities preparing their financial statements in accordance with the Financial Reporting Stsndard applicable in the UK and RepubliG of Ireland (FRS 1021 in preferen¢e to the Accounting and Reporting by Charities: Slalement of Recommended Practice issued on 1 April 2005 which is referred to in the extant gUlationS but has now been withdrawn. l understand that this has been done in order for the financial statements lo provide a true and fair view in a¢cordance with UK Generally Acopted Accounting PractlC8. I hav& compleled my examination. I confiTm that no matters have come to my attention in connection with the examination giving me caus8 to believe thal in any material respect- a¢untIng records were not kept in respect of the tharity as required by section 130 of Ihe Charities A¢1 2011. the financial statements do not accord with those records., or the financial slatements do not comply with the applicable requirements conceming the form and content of financial statements set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirernent that the financial statements give a true and fair view. which is nol a matter considered as part of an independenl examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reathed. Anthony pstsin FCA Paragon Partn8rs Lirnited Churchill House 137- 139 Brent Street London NW4 4DJ 12 February 2026
ARTS THERAPIES FOR CHILDREN STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE TEN MONTH PERIOD ENDED 30 APRIL 2025 Unrestrict8d Unrestricted funds funds 2025 2024 Notss Income and endowm8nts from: Donations and legacies Charitable activities Other income 152,057 181,356 1,731 331,815 145,031 1.991 Total income 335,144 478,837 Expendlture on: Charitable activities Other expenditure 403,321 20,697 410,085 41,062 Total expenditure 424,018 451,147 Net incomel(expenditurel and rnovement in funds (88,874) 27,690 Reconclllatlon of funds: Fund balanS at 1 July 2024 217,328 189,638 Fund balan¢e$ at 30 April 2025 128,454 217,328
ARTS THERAPIES FOR CHILDREN BALANCE SHEET AS AT 30 APRIL 2025 2025 2024 Notes CuTrent assets Debtors Cash al bank and in hand 11 36,897 92,342 218,936 129,239 218,936 Creditors: amounts falllng due wlthln one year 12 (785) {1,608) Net current assets 128.454 217,328 The lunds of the charity Unrestricted fvnds 14 128,454 217,328 128,454 217,328 The financial statements were approved by the trustee5 on 12 February 2026 Mr. S Fhima MBE Trustse
ARTS THERAPIES FOR CHILDREN NOTES TO THE FINANCIAL STATEMENTS FOR THE TEN MONTH PERIOD ENDED 30 APRIL 2025 Accountlng poli¢ie$ Charity inforniatlon Arts Therapies For Children is a charity established by a charitable trust deed on 28 June 2016. 1.1 Accounting convention The financial slalements have been prepared in accordance with the charity's goveming document. the Charities Act 2011, FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP 'Accounling and Reporting by Charities: Statement of Recommended Practice applicable to charit188 preparing their accounts in accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021" The charity is a Public Benefit Entity as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for Gharities not to prepare a statement of cash flows. The financial statements h8ve departed from the Chariiies (Accounts and Reports} Regulation5 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for ¢harities applying FRS 102 rather than the version of the Statement of Recommended Practice which is ref8rred to in the Regulations but which has since been withdrawn. The financial statements are prepared in sterling, which is the functional currency of the Charty. Monetary amounts in these financial statements are rounded lo the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. 1.2 Going ¢oncern At the time of approving the financial statements, the trustees have a reasonable expectation that the charily has adequate resources to continue in operational existence for the foreseeable future. ThLJS the trustees ¢ontinue to adopl the going concern basis of accounting in preparing the financial statements. 1.3 Charitable funds Unrestricted funds are available for use at the discretion of the twstees in furtherance of their charitable obje¢tive5. Restricted fijnds are subject to specific conditions by donors or grantors as lo how th8y may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. 1A Income Income is Cognised when the charity is legally entitled lo it after any performance conditions have been met, the amounts can be measured reliably. and it is probable that income will be reived. Cash donations are recognised on receipl. Oth8r donations are recognised On the charity has been notified of the donalion. unless performance conditions require deferral of the amount, Income tax recoverable in relation to donations rec&iv8d under Gift Aid or deeds of covenant is cOgniSed at the time of the donation. Legacie5 are recognised on receipt or othenvise rf the chaiity has been notrfied of an impending distribution, the amount is known, and r&ceipt is expeded. If the amount is nol known, the legacy is treated as a contingent asset. 1.5 Expenditure Expenditure is accounted for on an accruals basi5 and has been classified under headings that aggregate all cost related to the category. Where costs cannot be direclly attributed lo particular headings they have been allocated to activities on a basis consistent with the use of resources.
ARTS THERAPIES FOR CHILDREN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE TEN MONTH PERIOD ENDED 30 APRIL 2025 Accounting policies (Continued) 1.6 Cash and cash equivalents Cash and cash equivalents indude cash in hand. deposits held at ¢all with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 1.7 Financlal Instruments The charity has elected lo apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 'Olher Financial Instruments Issues, of FRS 102 to all of its financial instruments. Finan¢ial instruments are recognised in the charity's balan sheet when the chaiity becomes party to the conlradual provisions of the instrument. Financial assets and liabilitl8s are offset. with the net amounts presented in the financial statements. when there is a legally enforceable right lo set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Basic financial assets Basic financial assets. which indude debtors and cash and bank balances, are initially m8asur8d al transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the Iransaclion is measured al the pres8nt value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. Basic financial liabilities Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price un18SS the arrangement constitutes a financing transadion, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Derecognltion of flnanclal Ilabllltles Financial liabilities are derecognised when the charity's contradual obligations expire or are discharged or cancelled. 1.8 Employee benefft8 The cost of any unused holiday entitlement is re¢ognised in the period in which the employee's services are received. Termination benefits are recognised immediately as an expense when the charity is demonstrdbly committed to tenninate the employment of an employee or to provide termination beneffts. 1.9 Retirement benefits Payments to defined contribution retirement benefft schemes are charged as an expense as they fall due. CrItI1 accountlng estlmates and Judgements In the application of the charity's accounting policies, the trustees are required to make judgements. estimates and assumpiions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the r8vision afleots only that period. or in the period of the revision and fLrture peri¢xls where the revision affects both Current and fijture periods.
ARTS THERAPIES FOR CHILDREN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE TEN MONTH PERIOD ENDED 30 APRIL 2025 Income from donations and legacies Unrestrictsd Unrestricted funds funds 2025 2024 Donations and gifts 152,057 331,815 Income from charitable actlvltles Unrestricted Unrestrlcted funds funds 2025 2024 Incom8 trorn art thèrapy sessions Ancillary trading income 181,356 145.031 Other Income Unrestricted Unrestricted funds funds 2025 2024 Interest r1Vable 1.731 1.991 Expendlture on charftable activities Unrostricted Unrestricted funds funds 2025 2024 Direct costs Staff costs Art Iherapy sessions Therapist supervision Advertising and markeling Consultancy Events Costs Donation5 68.220 263,963 300 360 23.181 46,822 475 35,302 291.416 1,020 6,480 31,797 43,854 216 403,321 410,085 Analysis by fund Unrestricted funds 403,321 410,085 10-
ARTS THERAPIES FOR CHILDREN NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE TEN MONTH PERIOD ENDED 30 APRIL 2025 Trustses None of the trustees (or any person5 connected with them) r1Ved any remuneration during the ten month period. Employees The average rnonlhly number of employees during the ten month period was: 2025 Number 2024 Number Employment costs 2025 2024 Wages and salaries Social security costs Other pension costs 65,341 1,423 1,456 33,877 1,425 68,220 35,302 There were no employees whose annual remuneration was more than £60,000. Other Unrestricted fun(ts Total 2026 2024 Insuran Postage, printing and slalionery Administrativ8 expenses Accountancy Other expenditure 1,165 914 17.426 1.080 1,026 38,218 960 830 20,697 41,062 10 Taxation The charity is exempt from taxation on its activities because 811 its incom8 is applied for charitable purposes.
ARTS THERAPIES FOR CHILDREN NOTES TO THE FINANCIAL STATEMENTS (CONTINUED> FOR THE TEN MONTH PERIOD ENDED 30 APRIL 2025 11 Debtors 2025 2024 Amounts falling due within one year: Trade debtors Prepayments and accrued income 24,397 12,500 36,897 12 Credltors: amounts falling due within one year 2025 2024 Other taxation and social security 785 1,608 13 Retlrement benefit $chemes 2025 2024 Defined ¢ontribution schemes Charge to profit or loss in respect of defined Contribulion schemes 1,456 1.425 The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the sch8me are held separately from those of the charity in an independently administered fund. 14 Unrestrlcted funds The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific Conditions by donors and grantors as to how they may be used. These include designated funds which have been sel aside out of unrestricted funds by the trustees for specrfic purposes. At 1 July 2024 Ineoming Rosour¢o9 resour¢e$ exp¢nded At 30 April 2025 General funds 217,328 335,144 (424,018) 128,454 Prevlous year: At 1 July 2023 Incoming Resources rosour¢es oxpended At 30 June 2024 General funds 189,638 478,837 (451,147) 217,328 15 Related party transactions There were no disclosable related paty transactions during the ten month period (2024 - none). 12-