ompally r•glstratlon numb•r 10324546 (England and Wal•sl Charlty roglstr•tlon nwnb•r 11758371Engl•nd and Wal•$) GRIEF ENCOUNTER ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025
GRIEF ENCOUNTER LEGAL AND ADMINISTRATIVE INFORMATION A Bloom (Chalr) PFIth NDgy P Finè R Levy S w91n6 T Wlllat D Green (Appointed 28 April 20251 Country of Incorporntlon Unitod lfjngdom {Engr* and Wales) 10324546 Chorlty r•gl8tratlon England and Wal88 1175837 R•glst•rod offl Crystal House Daw8 Lane London NWT 4ST Audllor 843 Flnchlgy Road London NW118NA
GRIEF ENCOUNTER CONTENTS P*g• Trustees. repcwt Independont audltorfs r9POrt ststoment of ffinancial aGti¥iti8s 9-10 Balanca sheat 11 st8t8ment of cash lltyvs 12 Not88 to the flnand81 statements 13-25
GRIEF ENCOUNTER TRUSTEES. REPORT (DIRECTORS. REPORT) FOR THE YEAR ENDED 31 JULY 2025 The Irusl883 present tholr report and flnandal ststements for th8 financlal year ended 31 July 2025. The financlal slatem9nts have boen prepared in aGcordance with the accountlng poli¢i8s s81 out in the notes lo the financial ststem&nts and comply with the charity's goveming document, th8 Companies Act 2006 and 'Accounting and Reporting by Charitigs.. Slat&manl of Recommended Pract1¢8 applicoble lo ChalIeS preparing their accounts In accordance with Finanual Reporting Standard applicable in the UK and RapubiiG of Ireland (FRS 1021" las amonded for accounllng peri(yJ8 commenclng from 1 January 2016}. Objects The objocts of the Chartty are: 1. Th8 promotion of gocd health by the Eos1On of educallon and training into.. {a) issues of grièf and bereav6ment', and (b) support in relation to grief and bereavement, In each case, parbcularly for children and young people and their famllles. 2. Relief of people. particularfy children and young people and Ihelr families, sufforing from grièf c* bereavement, including relief by way of a helpline. Achlevemfrnts and p•rfornion¢o During tho past y8ar. Grief Encounter ha5 continued lo respond to rfslng demand for bereavement 8UPPOrt. Increased referral numbers have placed addlllonal pre3sure on WaIn9 Ilm88; however. our strengthened trlag functlon has slgnlficantly improved our ability to asse55 and priorftlse those most In nggd. This has ensured that Ihe most vulnerable children. young people and families continue to recelve tlmely, appropriate support. Followiro thè closure of our hèlplinè, resourcés were redirected towards more personalisèd, f8ce-to-face SLFPPOrt, resulting in an incr8a5e in direct ther8ul1C sessions and more effedive us8 of our dinical spaces in London and Bristol. Along with the implementation of the Irish Bereavemsnl Care Standard5, we strengthened advice. guidance and bereavement support. Thi$ w8s achieved through a newly formèd and refocused Bereavemént Support Team, responsible for man8ging initial enquiries and providing ongoing family support, end which has enabled greater continuity of care. Workino alongside our growing team of in-house therapists, this approach has d81ivered greater eiencY, improved responsivenoss, and a broader range of Iheiapeutic modalities tailored to individual needs. This includes making suro the rfght level of support is provided bad on noad. getting the right h8lp in place from the most approproate people. As the organisalion expanded ils clinical capaclty, we also implemented cosl-control mèasures to ensurfr Qpgralional sustainability. A ujmprehensive review of conlracls, administrative functions. and Premises was completed. leading to tho consolidation of our London operations into a single sile. This integration has strength8ned collaboration betsveen clinical and fundraising teams and fostered a more cohesive workiThJ culture. The rgfurbishment ol our premises has created a more welcoming, Irauma-lnfomied environment for both staff and benefIar$. onhancing thg quality of therapgulic experiencos. Over811, Ihesg achievements Tefl8ct the charity's continued commltment to providing compassionate. ev(dence- based support for bereaved famlll&s, whlle malnlalnlng strong financial d15clpline and COnu0v$IY improving service qualty and accessibility. Perfomance in numbers.. 1193 Children, Young Peopl6 and Famllies Supported 4644 Sessions 756 Relief kits sent out
GRIEF ENCOUNTER TRUSTEES. REPORT (DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025 Enhanclng 8UPPOrt for chlldr•n and grlevlng famllk8 Following th& closure of the Grieffalk helpline, Griof Encounter estsblishod a new bereavement support line to provide an immediate response lo anquiries from bereaved childn, young people. and families. This service now ensures that all calls received direcdy relats to the tharf8 core Pufpose of 5UPForting those affectad by grief. The Support line 1$ staffed by the nevAy developed 88r8avement Support Team. a multidisciplinary group of pr8Ctilioners diverse skills and expèrience. The team provides pr8Ctical guidance. emotional support, and signposting lo ensure that every caller ceiveS timely and compassionate help. Families are also offerad additional resources. through lailoredlneads based 'Grief Relief Kits, that are provided as soon as hglp is reque$tg(l. Thgso include a growing rangg of boreavement support materials, including The Grief Book. writtgn by our found8r and rgcgntly updatgd in wnsultalion with beneficiaries. Feedback indicates that both families and profession81s find these malerials invaluable in helping children understsnd and wocess their loss. Our sessions indude prod11 help. spocialisl assessm8nl and Iherapeulic 121 support to ¢hildr8n. and wh8ro appropriate to the surviwn9 carer. This is basgd on th8 fact that we understand that the health of the surviving parent is the biggest predictor of the heath and well-being of the bereaved child. Our specialist assessment helps identfy who are best placed lo support the family worktrng dosely with partners from CAMHS, Children's $0¢Sal care and from educational s8ttings. Recognlsing the growing challenges posed by disadvantage and povety. we also Introducod an Access to Help Fund lo support familles who mlght otherwlse struggle to obtsin b8reavemenl support. Thi8 initiallve has reduced barrfers to engagement and allow us to extend our reach lo famlllas expertencing financlal hardship. In parallel, we expantled our communlty engagement inltiatives to ensura our seNice3 remain Snduslve and accesslble. This included targeted outreach to marglnalised groups such as adoleSnIS and LGBTa+ young people, whose expertences of grlef are often Und8r-reC3nl5od or disenfranchlsed. These developments reflect Grief Enwunter's continued comrnitment to providino accessible, person-centred, and trauma-informed bereavement support to children. young people, and families acros5 thè UK. Fundralslng and •v•nts This year. Grief Encountar hosl8d tts flagship Gala Dinner, which was attended by more supporters than ever before. The event provided a meaningful opportunty for beneficiary participation. with families and young people contributing through hosting, speaking. and attending as special guests. The evening achieved the hlghest financial relum in the charity's history, raising significant funds to support boreaved children and families. The Gala's success was underpinned by an outstanding silent auction. featuring eaptional In-kind donations that contributed greatty lo the overall total raised. The event also benefited from strong engagement from long- standing donors while attracling a new and more diverse range of supporters. Volunteer involvement was another highlight, with over 75 indNiduals and corporate vdunteers giving their timo lo ensure the event's succes8. Along8lde the Gala, Grfef Encounter dellvered a se88 of other fvndraising events, Includlng the annual Comedy Nlghl hosted by our Founding Patron. K8vin Wells. which brought together supporters for an gvening of laughter and awarenesswrnising. Our Golf Day$ also Gontinuod to attract loyal participants. Tnalntalning vttal incom8 and 8ngagemgnl. In addition, third-p8rty and communlty-led fvndraising aCtiwtS Increased ovor the ygar. contribung further to the charity's overall income and expandlng our supporter network. These collodve offorts demonstrat8 the continued commitment of our communtty. volunteers, and partners to ensurlng that chlldren, young peopl8. and familias affected by gri8f r8ceive th8 support they n88d. Flnanclal revl•w For the year 8ndèd 31 July 2025, the charity recelved lot81 income of £3,036,828 12024= £1.652.918} The total expenditure incuffed amount8d to £2.440.802 12024.. £2.586,0401 resulting In a surplus of incom& over expenditure for lh8 rI0 of £596,02612024 defiut.. £933,1221-
GRIEF ENCOUNTER TRUSTEES. REPORT {DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 JULY2025 R•8•rves pollcy The charity is committed to providing bere8vement Supwt services to families for an average period of yeafs,. however. experience and best practice indicate that the typical duratson of support is around one year. To ensur8 that sufficient fur5 are available to conUnue delivering our chgrltable activibes and to protect agalnst unforesaen financial challenges, the targ8t lèvel of reseryes for the 2025126 financial year has been set at £775.000. This revisèd lev81 feflecls an updated assessment of the resources required to meet ongoing obligations and. rf necessary. lo facilitste an orderly wind-down of operation8. Th8 Trustees bolieve this approach provides a prudent balance b6tsveen safeguarding the Charity's sustainability and ensurlng that funds aro used effectwaly to mget current needs. The Truste8s will review the reseffts pollcy during the forthcoming financial year to ensure it remains appropTiate and aligned with th8 charity's strat8gic and op6rational priorMe8. Any changes will bg reported in next year's financial stalgments. The TNste8s have also undertakèn a rèvl8w of the prlnclpal rlsk8 faclng the charity and are satisfied that effective systems and controls are in place to managè thèse. Key rfsks include fluctuations In fundraising incorng and the potential impact on Service delivery. These risks are mitvJated through ongoing financial monitoring. active management of fundraising performance. and. where necessary, adjustments to planned activities to ensure financkql stabilfity. The trustoes have assessed the major rlsks to whlch th8 charity is 8xposed and are satlsfied that systgms arg in place lo mitigate oxposure to the major risks. induding bul not restricted to continual monltorlng of fundraising offt)rts and adjustment. if neco$sary, lo planngd sarvice dalivery as a result. StrUcre. g0vWnan and managem•nl Th charity is controlled by its govgming documènt. the Articles of Association (July 2021). and constitutes ompany limited by guarantee. as defined by the Companies Act 2006. The charity's Board of Trustees has been fully established for over a year and brfngs t39thr a strong mix of expertise across legal. clinical. strategic, commercial, and govemance dlsclpllnes. Durfng the year, governance proc8868 were further 81renglhened through the IntroductKJn of c16ar6r repIng Ilnes, improved oversight mechanl8ms, and enhanced escalation procodurgs for k9y risks. Th&8a d8velopments have contributed to a more resilient and transpant de$lOn-mak1ng framawork. The Board's composrtlon has also becom8 more diverse, both in professional back9round and lived 8xp8rfer. Thls has enriched the charity's approach to governance, widened perspectives on poliGy and service design, and reinforced our commitrn8nt lo equality, diversity, and inclusion. In additlon. the estsblishment of Speclal Adviser roles has provided access to further specialist exp8rtise, particularly in the areas of clinical practice arKI fundraising. The Tru8tees intend to continue broadening participation. including opportunitigs for benefiGiaries t¢ infomi service development through con$ullalion and advisory involvemenl. The trustees, who are also the directors for the purpose ol company18W. 8nd who seNed during th8 year andlor up lo th8 date of signature of the financial statements were.. A Bloom {Chalrl G Sack5 AHart M Paen P Firth N Deyong P Fine L Forsyth R Lewy S Wlggins T Willat O Green (Reslgned 17 Febwary 20261 (Resigned 19 Novemb8r 2024) Resigned 3 January 20261 (Appointe(128 April 20251
GRIEF ENCOUNTER TRUSTEES. REPORT (DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 JULY2025 RocTuilmont and worlrforc• The past year has seen a signfficanl transition within Grief Encounter's workforce. The charity has r9duced reliance on contractgd personnel and increased the number of permanent staff, particularfy within the Clinical Team. This has resulted in grgalgr continuity of care, improved collaboration. and enhanced effiCneY across service delivery. Thè organisalional structure was reviewed to strengthen tronllSne capacity and streamllne managemgnl layors. This restructuring has allowad for more fouJs8d roles aligned lo income generation and direct servicg delivèry, Supporting the charity's core mission. Cllnical supèrvision arr8ngements were also reviewed and standordlsed lo uphold be81 practlcg, ensure professlonal (Jevelopment, and maintaln a hlgh standard of therapeutlc supporL Continued investrnent in training and mfioctlve pradce remalns a key 919ment of workforce developmenl. The Trustegs recognisa that our stoff are centr81 lo th& delivery of Gngf Encounter's mission and remAin commltted to fostering a supportive, inclusive. and Irauma-Infom)ed working anvlionmenl. Futura plans Grief Encount8r remain5 committed lo Improving fa¢t0-face support for chlldren and families. ensuring that our sorvices delw the hbghèst qU81ty outcom8s whilè b8ing accessible to those in greate need. Over the comlng year, we wlll continue to focus on wtreach to communities experlonclng higher 1gv915 of deprivation. strannIng our abllity to reach famlll88 who mlghl ¢)thervM$e face barriers to support. These priorities will shape the development of our loThJer.l8mi strategy, wth an emphasis on 8ustsinability. efficAency. and Innovation in service delivery. We aiffl lo secure and diver8fy our income through a stronger patronagts programme. building on the genorosty of long-term supporters while expanding 8ngagement with new communities and neiworks. This approach will rgduce raliance on our flagship Gala Dinner by (Jev8loping a matched funding campaign and a broadgr calendar of events. A Fundraising Advisory Board. chaired by TnJslee for Fundralsing and supported by our Director of Incoma. wll continue lo guide this work. We intend to expand this board furthor to indude individuals with diverse skills. corporalo wnn8ctions, and community experience. In what remains a challenging finandal climate. this collaborative approach will help strengthen the charity's Income base and increase opportunitie8 for meaningful supporter engagement. Digital inrVatiOn will also play a key role in our future plans. W& aim to explore h¢)W technology can improve access to specialist bereavement support for children and young people. including through digital resources. apps. and interactive tools designed to complement face-to-face services. Vdunteer developm9nt will remain a 5tratsgic priority. We plan lo invest in enhanclng volunteer gngagement. Includlng structured roles for student placements and opportunities for professional volunteers within clinical and therapeutic settings. This will also support our goal of Incrè8slng benefiryary partidPaOft In servlce design and feèdbad¢ through targeted consultatlon and researth. Finally, Grief Encounter wlll conlinug to strenglhgn patherships wthin the bortsvom8nt and mental health 50thrs. By collaborating with like-minded organisations, w• will work towards more joined-up intilatives that maximiso impact and ensure bereaved families acro88 the UK roo9ive the most effective support Possible.
GRIEF ENCOUNTER TRUSTEES, REPORT (DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 JULY2025 Statsm•Tht ol trn•t••' rnspon•lbllltl•g The trustees, ao al difeclorn of Grief Enrter for the Purpose ol Company . are Tespon$iblÈ for prèpanng the Truslees. Report an¢J Ihe financial stalemen15 In Jccordanea yth applicable law and Unrted rvadom AOnTh9 Stand•rds Iunlltd Kingdom Generally Ac¢8pted Atxounting Prn¢tiol C¢Jmpany requirts the Iwslee8 lo prepare financlal $lateThnts lor each finanuol year whlth gi¥• a true and tsir th•w of tho slat• of Affairs of th• chanty and of the incomlng re90LrrceJ and appli&ibon of iesourceg, Ind[ing I In¢om• And emPendrtu. ofthe thwrt•ble company for that y•ar In w•patlng the firwnciol $talements. tru$teg¥ ar9 r•quirpd lo.. - sele& 8urt•t40 accourthng pollry and Ihen apply them COten11y,. - obwve th• methods and principlos in ihe Ch4ribe¥ SORP.. - make iud9wre4nt¥ and •stim•t•¥ that •r• r•a•on•bl• •nd Pfud•nl, stal• whether •pplubl• UK AcD)LmTh'n9 Si•nd•rds h•v• been followed, 8utfj.ed to 8ny malerial d•partvr i$dosed •n¢J exFAained in Ihe finan¢ial slalements.. •nd prepar• the finand•l 8tstem8nts on Ihtr gn4 b••l• unl••i it l¥ Inappropnatè lo pre$um• that th• WiN witinu• in operation. The Irust•es rt6pMslblts for keeplnq •dequate #Ltountin9 rto)rd• that di$do8• wlh reasonabl• xcuracy at any tsmo th• fin•ncial posttion of lh& th•rity •nd •n•bl• Ih•m to ensure ihal Ihe fin¥na•l $l418m•nls CJ)mply wilh tr coMnIeS Ad 20. They •r• •lyo rnsp)nslblè for s•l•gu•rdln9 the 888èt of th8 tharity ond hence for Likiwvj reason8bl• fur the WentIon and deteth.on of othèr ryul8filie>. Audltorn Glaz•Tr Chart•rwJ Ac0ntants wèr• •ppointed ots •udllorn to tho thgrity for the financial year and a r•golulion th•t they be rwppoiTrt•d wa8 passed by lh• membèrs on 9 September 2025. ()IKla•urn of Inlorni•tlDn to iudllor Eath the tW5tees has c¥)nfirn)ed tr1 th•re i¥ no lOrma.0n of lch they aro awarn is rdev4nl lo tho OLxIrt bul of th• aartOr is uri•w•rts. have furthèr nfim Ihal th•y have lakan appropnato steps to nlrty suth (*lev•nl infrntion and to •stablish thal th• audrtor 18 awaro of such inlom)alion. The trustees. repcrft wgs aPp•j by th• buard of IStee9. A eioom ICh•l Truslee
GRIEF ENCOUNTER INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF GRIEF ENCOUNTER Opinlon We hAv8 audited Ihg financial Statemènts of Gri&f Encounter {th& 'tharity'l for the year ended 31 July 2025 Ithich omprise the statement of financial activities. the balance sheet, tha statement of cash flows and the notes lo the financial slatemonts, induding a summary of significant accounting poliries. The financi81 reporting ffamework thal has been applied in their preparation is applicable law and Unrted Kingdom Accounling Stsndards. including Finanual Reporting Standard 102 The Finencial Repong Standard applicablg in Ihe UK and Republic of Ir&land (Unilad Klngdom Generally Accepted Accounting Practice). In our opinion, the financial statements: giv8 a true and fair view of the stats of the charltsble companys affairs as at 31 July 2025 and of its incoming resources and app11¢atn of resources. induding Its income and expenditure. for the year then endèd.. have been properly prepared in accordance wilh United Kingdom Generally Accepted kcounting Practice.. and have been prèpared In accordance vAth th8 requirements of the Comp8n108 Act 20c. Basls for oplnlon We conducted our audtt In accordance vAlh Internatlonal Stsndards on Auditing {UK) {ISAs IUKII and applicable law. Our responslbilbtl8s undar those standards are further descrlbed in the Audilorfs rpsponsiblliligs for the audit of thg finanGlal stat01S section of our report. We are Independent of the charity In accordanco with the ethical requiramants that ar8 relevant to our audlt of the financial stat8ments in thè UK, Including the FRC'S Ethlcal standard. and we have luifilled our othèr ethical responslbilitles in 8rdance with these requiremanls. We believe thal the audll evld8nce we have obtained is sufficlent and approprbate to provldè a basls for our opinion. Con¢luslon$ r•latlng to golng ¢on¢•rn In audltSng the financial statements. we have concluded that thg tw$t99s' usè of the golng concarn basis of accounting in the pr8paralion of the finar)cial ststemenls is appropriate. Based on the work we have perforned, we have not identified any material uncertalntles reloting lo events or cnndltions that. individually or collectively. may cast significant doubl on the chadty's abillty to continue as a going concem for a p8dod of al lea51 twalva months from when Ihe financial statements are aulhorised for issue. Our rasponsibilities and the responsibilities of the trustees with respect to golng concem are described in the relevant sections of this rep)rt. Other Inforniatlon The other infomation comprises thg information induded In the annual report other than the financial statements and our auditor's report thereon. The trustees are responsible for the other infomiation contained within the annual report. Our opinlon on th6 finandal statements does not cover Ihe oth8r information and, except to the exient otherwise explicitly stal8d in our report. we do not express any form of assurance conclusion thereon. Our responsibility is to r8ad the othar information and. in doing so, consider whether the other infomation is materially inconsist8nl with the financial stslemgnts or our knoedge obtained in the course of the audit. or oth8rwise appears lo be materially misslaled. If w8 identify suoh material inconsi51erries or apparent M81eal misstatements, we aro required lo determina whether this gives ri88 to a material rnisstatement in ihe finanaal stslements themselves. If, base(l on the work wé have p6rformed, we conclude that there Is a material mi$statement of thls other information. we are requlred lo report that fact. We have nothing lo report in this regard. Oplnlons on oth•r matters pr•s¢rlbed by thé Companlè8 Act 2006 In our opinion, basgd on the WO undertak8n in the coutse of our audit: the Snfomialion 9iv&n in the Irusleo$' r8port for the financlal year for which the financlal statements are prepared. which includes the directors, report prepared for thè purposes of company law. Is cLJnslst8nt wllh the financial statements.. and the directors, report Induded withln the trustees. report has been prep8red in accordance with applicab16 lagal requirements.
GRIEF ENCOUNTER INDEPENDENT AUDITOR'S REPORT {CONTINUED) TO THE MEMBERS OF GRIEF ENCOUNTER Mattars on whlch we are requlred to report by excepdon In the light of the knowledge and understanding of the charity and its environment obtained in the course of the audiL we have not Identrfl material misstatèments in tha dlractors, report Induded within the truste05' reporL We have nothlng to report in resp8cl of the followlng matters In rglatlon lo whith tho Companie5 Act 2006 requires us to report to you rf. in our opinion= adequate accounting records have nol been kept, or ralums adequate for our audit have not been retsiv Irom brdnches not visited by us; or the finanual statements are not in agreement with the accountin9 re5 and retums: or certain disclosures of trusloes, remuneration sp8¢ifigd by law are not made.. or Wg have not recglved all the Information and oxplonalion$ wo require for our audit., or the trustees were not entitled to prepare the financlal slalements in accordance wlth the small companies reglme and tak8 advant8gg of the small companies. exemptions in pmparing the trustees, report and from the requirement lo prepare a 5trategl¢ report. Respomlbllltles of Irustee As oxplained nKJre fully in the slatemonl of tru$teos' responslbilibes, the trustees. who are also the directors of the charity for the purpos8 of company law, are responsible for the preparation of the financAal statements and for boing salisfi8d that th8y give 8 tnje and fair view, and for such internal control as the Iruslees detemine is necess8ry 10 enable th& pr8paralion of financial statements that are fr89 from material misstatement. wh8th8r due lo fraud or &rror. In preparing the finanoal statements, the Iwstegs are responsible for asses51ng the chartty's abiltty to continue as a going conc8rn, disclosing, as applicablo, matt&rs related to going concern and using the going concam basis of accounting unl8ss th8 trustges aithar intend to liquidate the charitable company or to cease operal)ns. or have no realistic altemalive but to do $0. Auditorfs responsibilities for th• audit of th• financial statements Our objectives are lo obtain reasonable assurance about whether the financial ststemenls as a whole are free from material mis$t8lement. whether due to fraud or error. and to issue an audllorfs report that includes our opinion. Reasonable assurance is a high level of assuran but 15 not a guarante8 Ih8t an audit conducted in aGrdance with ISAS IUK) will always deleGt a material misststemenl when it exists. Misstatements can ariso from fraud or error and are considered material if. individually or in the ag9regale. they could reasonably be expected to influence the economic decisions of users tsken on the basis of these financial statements. The extent to which our prOdureS ar8 capable of detecting irregularities. including fraud, ¢s detailed b81ow. We obtsined an understsnding on the legal and regulatory frameworks wthin which the charitable company operate5. loJS1n9 on those laws and regulations that have a direct effect on the delerminalion of material amounts and disclosures in the financial statements. The law and regulations we considemd In this context the Companies Act 2006. the Charities Act 2011 togelhof with Ihe Charities SORP IFRS102)- We assessed the required compliance with these laws and regulations as part of our audit procedures on the related financial statements item8. Ba8ed on thls understsnding we designed audh procedu3 to idenllfy any non-compliance with law and regulations. reviewng meeting minutes of those chargod th govemance. testing manual journals, reviewing the financi81 statements dlsclosures and testing to supporting documentation. performing analytical procedures and enqulrlng of management to provide reasonable assurance that Ihe financial stal8mgnts were free from fraud and error. Cming lo the inherent limitations of an audll. there is a risk that we will not detect all irregularitie8 including Ihose leadlng to a material mlsststemgnl in the financial slBtemenls or non-complian wth the regulations. A furth&r description of our rasponsibilitias is availabla on th6 Financial Reporting Council's websits at.. https'.11 www.trc.org.ukJauditorsrespon8ibillts'es. Thls d8scrlption fomis part of our auditorfs report.
GRIEF ENCOUNTER INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF GRIEF ENCOUNTER U•0 of our r•port This ryrt is made solely to the charitable company's members, as 8 bc*Jy, in accordance wth Chapter 3 of Part 16 of Ihe Compani08 Act 2006. Our audit work has been undertaken so that w8 mlght stale to thè charitable companls members those matters wa are requirod to state to Ihem in an auditofs report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyon8 other than the charilablg Company and the charitable company's members 8s a body. for our audit work, for this report. or for the opinions have fomed. Phlllpp• HerdzaftACA (Senlor Slatutory Audllor) For and on behalf of Glaze, Statutory Auditor Chartered Accountants 843 Flnchl8y Road London NW11 8NA
GRIEF ENCOUNTER STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 JULY 2025 Unrnstrfctsd Re¥trlGt•d Total UfirostrlGtod Unrestrlct•d Restrlctgd Total funds ggn•ral funds funds fund8 g•n•ral d•slgnated funds 2024 fund$ 2025 2025 2025 2024 2024 2024 Not•s Income from: Donations and legacies Charitable activities Other tr8ding activities Investrments 864,061 154,908 1.018.969 925.740 316,391 1,242,131 1,875 1.875 13.291 13,291 1.989.994 25,990 1.989,994 25,990 352,333 45.163 352.333 45.163 Total Income 2,881,920 154,908 3.036.828 1,338,527 316,391 1.652,918 Expenditure on: Raising fund8 Chable activltles 1.061.617 1,061.617 817.143 817,143 1.120.792 258.393 1,379,185 1.490,688 278.209 1.768,897 Total oxpondlture 2,182,409 258,393 2.440,802 2.307,831 278,209 2,586,040 N•t Incomel{expendlturo} 699.511 1103.485) 596,026 1971,3041 38,182 1933.1221 Transfors between funds 500,000 1500.000) I1 mov•m•nt In funds 10 699,511 1103.485} 596.026 1471,304) 1500.0001 38.182 1933,122)
GRIEF ENCOUNTER STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 JUL Y 2025 Unmtrlcted Restrlctsd Total Unrè•trfctod Unrostrlcted Re$trf¢tod Total funds genoral funds funds funds g•n•ral designated funds 2024 funds 2025 2025 2025 2024 2024 2024 R•con¢lllatlon of funds: Fund balances at 1 August 2024 1,466,836 164,936 1.631.772 1.938,140 500.000 126,754 2,564.894 Fund balancos at 31 July 2025 2,166,347 61,451 2.227.798 1,466.836 164,936 1,631.772 The statement of flnancS8l activities includes all gains and10$888 reCgnISed in tho year. All Income and oxpgnditure derive from continuing activities. The 5tatemgnl of financial activities also complles with tho roquir8ments for an Income and expendrture account und8r the Companies Act 2006. 10-
GRIEF ENCOUNTER BALANCE SHEET AS AT31 JULY2025 24 322.535 36.356 335,338 813.930 15 1,158.891 1,149.288 17 172.394 1.0$2.996 1%,395 594,285 C••h 01 I) •nd In hMd 1.225.390 • y••r (156.483) 1300,178 ltsl ¢uTr•nt ••••ts 1.Cth,907 482,S04 2.227.798 1.831,772 Th• firt• ol th• ¢h•ilty 1,451 2.1efj.317 164 936 1.466,836 2,227.798 1.631 772 A (Ch•k 11
GRIEF ENCOUNTER STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 JULY 2025 2025 2024 Cash flows from op•ratlng actlvltles Cash genera18d froml{ab$orbed by) Opgrations 24 470,589 1874,503) lTrve8tlng actlvttl Purchase of tangible fixed assets Proceeds from dispo881 of invoslm¢nts Investment income received {15.442) (17.0311 245,878 12,844 3.564 N•t ca•h lu#ed Inyynèrnt•d from Inv•stlng ctlvltl•8 (11,878) 241,691 cash gen•raled from flnanclng ctlvitie pknt Incr•a•o1(d•0} In Cash and cash •quF¥al•nts 458,711 1632,8121 Ca8h and cash equlvalents at lnnlng of year 594.285 1,227,097 Calh and ¢•sh •qulv*lonts ot •nd of y•ar 1,052,996 594.285 12-
GRIEF ENCOUNTER NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY2025 Accounting poli¢lès Charlty Inlom)atlon Grief Encounlar is a private company limited by guarantee Incorporated In England and Wales. The raglstered officè is Crystal House. Daws Lan&, Mill Hill, London. NW7 4ST. 1.1 Aecountlng convontlon The finanaal statements h8ve baèn prepared In accordance wilh the charity's goveming document, the Companies Act 26 and 'Accounling and Reporting by ChariUes". Staloment of Recommended Practice applicable to charities preparing their accounts in accordance with the Finanrial Reporting Standard applicable in the UK and Rgpublic of Ireland {FRS 1021. las amended for accounting perKJds commencing from 1 January 20161- Thg charity is a Public Benefit Entity as defined by FRS 102. The financial slal8menls are prepared in sterling, which is the functKJnal cuancY of the charlty. Monetary amounts In th686 financlal ststsm6nts are rounded lo the nearest £. The financial slatgm8nts hav8 bgon prepared under the hi51ortcal cost convention. The principal accounting policies adopted are set out balow. 1.2 Golng ¢onc•m At the time of approving the financial slalements. the trustees hève 8 reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable futrjrg. Thus the Iruslaes continue lo adopt the going concem basi$ of aKxsunting in preparing the finanu81 statemgnls. 1.3 Charltable fund• Unrestricted fund8 are availablo for use at the discretion of the tfuslees In furtherance of th8ir charitBble oblectiv8S. Restricted funds are subject to specific Conditions by donors or grantors as to h¢)W they may be used. The Purposes and uses of the restricted funds are set out in the notes to the financial statem8nls. 1.4 Incomlng rnsourus Income is recogni59d when the Gharity is legally entill to It after any performance conditions have been meL the amounts can b8 m8asured reliably and it is probable that income wlll be received. Cash donations are recognised on receipt. Olh&r donatlons are regnISed once the charity has been noltfied of Ihe donation. unless perfomiance conditions require deferral of th8 amounl. Incom8 tax recoverable in relation lo donations recoivgd under GiftAid or de8ds of covenant is recognised at the time of the donation. Legacles are recognlsed on recelpt or otherwise rf the charity has baon notified of an Impendlng diStriblOn, the amount Is known. and rèceipt 58 expected. If the amount is not known, the legacy 15 Ireated as 8 conllngent asset. 13-
GRIEF ENCOUNTER NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY2025 Accounting polid• {Conllnuèd) 1.5 Re$our¢•s xp•ndèd Exponditvre is recognised onco there is a legal or C)nsIntiVe obligation to transfer economlc b8nefil to third paty, it is probab19 that a transfer of economic benefits will be required in setuement and the amount of the obligation can be measured reliably. Expendhure Is cl88sified by aclivty. The costs of each adivity are made up of the lolal of dirfjct costs and shared costs. including 5UPPOrt costs involved in undertaking each acbvity. Direct costs attributable lo a singlg activity are allocated directly to that activity. Shared costs which contribute lo more than one actwity and support costs which are not attribu18blè to 8 single activty are apportioned between those activities on a b8818 rAJnslslenl with the use of resourc8s. Central staff costs are allocated on the basis of tlme spent and dgpr8cla0n Gharge$ arg allLKalod on thg Portion of tho 88seVs use. Expfrnditu is rOgnISed oncg there is a 18gal or con51ruclive obligation to transfor economic bonefit lo a third paty, il is probabl6 that a transfer of economic benefits will bo required in sethemenl and the amount of the obligation can be measured reliably. Fundraising costs are those incurred in seeking voluntary contributlons and do not indude the cost8 of dlssemln8llng Informatlon in support of the charitable gctbvities. Supp)rt costs are those costs incurred dlrectly in support of 8xpenditure on the objects of the charity and includ& prolect management. Goveman¢8 costs 8re those Irrred In connection with administration of the charity and compliance with constitutional and statutory requlrements. Costs of genorating funds co8t8 Incurred Sn attractlng voluntary irKome. and those Incurred in trading activiiies that raise funds. All oxpondituro is inclusive of irrgcoverabl8 VAT. 1.6 Tanglbl• flx•d ass•ts Tanglble flxe(J assets are initially m8asure(i at cost and subsgqugntly m8asured al c05t or valuation. not of depreciation and any impairment1056es. Depreciation is recognised so as to write off the cost or valuation of 8s88ts less their resKlual valuès over their useful lives on the following boses= Land and buildlngs Leasehold improvements Fixtures. fittings & equipment Computers 2% Stralght Ilne Over the t8m of lease 33% Reducing balance 25% straight line The g8in or loss arising on the dl$posal of an asset is delemin8d a8 the dlfference ben the sale proceeds and the carylng value of the asset and Is reGognisgd in the Statement of finandal activibes. 1.7 Flxgd asBOt invastm•nts Fixed asset inve5trngnts are initialty measur8d at transaction price exduding transaction costs, and are subsequently measured at fair value at 8ath reporting date. Changes in fair value aro rgcognised in net incomelloxponditurel for tho year. Transaction ¢osl$ are expensed as incurred. 1.8 Impalrm•Trt of flxod asuts At each reportlr¥J end date. the chartty thè carylng amounts of its lan9lble assals to d6t8milne whether there is arry Indlcation that those assets have suffered an ImpalmnI los$. If any such indication exists. the racovgrable amount of the asset is eslirnated in order lo delomiine the 8xtènl of the impabrment loss lif any). 14-
GRIEF ENCOUNTER NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY2025 AGcounting polici•% (Centinu•d} 1.9 Ca$h and oash oqulvalents Cash and cash equivalents indude ca8h in hand. deposib held at call wth banks. other short-term liquid investments with original maturibes of three months or less and bank overdrats. Bank overdrafts are shown within borTovings in Current liabilities. 1.10 Financial in*trum•nt$ The charity has elected lo apply the provisions of Section 11 'Basic Financial Instruments. and Sedion 12 'Other Financial Instruments Issues. of FRS 102 to all of Ils financial instruments. Financial Instruments are recognised In th8 ch8rtys bolance shael when the oharQi b8comes party lo the contractual provlsion5 of the instrument. Financial ass8ts and liabilities are offset, wlth the nel amounts presented In the financ1 ststsments, when th&r8 is a legally errforceable right to set off the recognised amounts and there 18 8n Intention to settl6 on a net b8818 or lo realise the assal and setue the Ilabllity simultsrwusly. Basic finan•1 ass Baslc financial ass81s, whlch Include debtors and cash and bank balances. are Initially measured at transactlon prlce Induding transaction costs and are subs8qU8nUy carried at amortised cost using the effoctive interest method unless the arrangement constitutgs a financing Iransacllon, where the transaction Is measur8d at the prosenl value of the futuré receipts dlscounte(l at a market rate of Inter1. Financial assets classified as receivable thIn on8 year are not amortised. 8ask flnanclal Ilabllltles Basic financial liabilities. including creditors and bank loans are initially recognised al transaction prlce unless the arrangamant constitutes a finanrAn9 transaction. whgre Ihe debt instrument is measufed al the present value of the fulure payments discounted at a markel rate of interest. Finanual liabilities dassifièd as payable within on8 yaar are not amortised. Debt instruments arg subsequgnuy Garried al amortised cost, using th? offaclive inte$t rate mathod. Trade creditors are oblKJations to pay for goods or services that have been acquired in the ordlnary course of operations from suppli8r5. Amounts payable are classified as current liabllilies rf payment is due within on year or Igss. If not, Ihey are presented as non-currenl liabiliti8s. Trade creditors ara recognised initially al transaction price and subsgquerttty measured at amortised cost using the effectlve Snlerest method. Dgrrtognition olfinan¢ial Ilabllltles Financial liabilities are derecogni58d when Ihg charivs ntraCtUal obligalions 8xpire or are discharged or ancèlled. 1.11 Employ•• b•nofitx The cost of any unused hollday entitlement Is regnised in thè perfod In whlth the employee's service$ are rgceived. Termination beneffts are racognised immediately as an expense when the charity is demonstrably aommlttad to terminate the employmenl of an employee or lo provide t&mlnalion b8ngfits. 15-
GRIEF ENCOUNTER NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025 Crltlcal accountlng •$tlmat•8 and ludgomonts In the appllcallon of th& charity's accounting policies, the trustees ara required to make judgèments, estimates and assumptions aboLrt thg carrying amount of assets and Ilabilibes that are not readily apparent from olh&r sources. The e8tlm8tes and associated assumptlons are based on historical axpetience and other factors Ihat are considered to be relevant. Actual results may differ from these estimates. The estimates and undedying assumpllons are reviowed on an ongolng basis_ Revisions to accounting 8stirnatas are recogni5ed in the period in which th8 èstimate is revised wher8 th8 revision affects only that period. or in the perlod of thè revision and future rtOd$ where the reViSn affects both current and fvtu periods. Incorno from donations and lega¢i•s Vnreslricled Re$trlcl•d Total Unrnstrlcted R•strfct•d Total fvnds 2025 lunds 2025 funds 2024 fund$ 2024 2025 2024 Donations and gifts Grants 664,130 199,931 664.130 354.839 715,240 210,500 715.240 526,891 154.908 316,391 864.061 154,908 1,018,969 925.740 316,391 1,242,131 Donatlons and glfts Corporate glving other Donalons and glft aid 233.226 233,226 246,669 246,669 430,904 430,904 468.571 468,571 664,130 664,130 715.240 715.240 Included within reslricled grant incom8 are amounls received from the National Lottgry Communty Fund In respect of the 'Reaching CommunitieslPartn8rships programme of £21,41512024'. £40,828). 16-
GRIEF ENCOUNTER NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JUL Y 2025 Inrn• frn chavftabh actlvlll•s Book8 and Book• and rnll•f klt $•l•ro1ief klt ¥al• 2025 2024 Books and relief t salg Grief training 166 13,125 1,875 1.875 13,291 An•tysi* by fund Unrestricted fund8- general 1,875 13,291 Incom• from othw tradlng actlvhl•B Unrastrlct•d Unr•strfct•d funds 2025 lund 2024 Gala dinner Charity runs and other sporting thallgng8s Goll days Other fundr88ing activllies Comedy nights 1,729,476 1,851 183.390 66,128 41.029 61.786 69,667 Olher trading actlvitles 1.989.994 352.333 Income from InV•stMts Unr•strld•d Unr•strlcted funds 2025 fundB 2024 Bank interest Financial asset income 3,563 22,427 8.573 36,590 25,990 45,163 17-
GRIEF ENCOUNTER NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025 Ralslng funds Unrgstrlct•d Unrnstrlcted funds general 2025 funds general 2024 Gala dinnèr costs Comedy night Costs Challonges and rurbs Golf day cosls Other fundraisiThJ costs Stsff costs Support costs 365.264 16.122 9,573 17,225 26,862 29,292 434,087 283,982 17,645 26.549 435.723 216,436 1,061.617 817.143 Exp•ndltur• on charltabl• a¢llvltl•s Counsolllng & support Grl•ftalk Cllnlcal h•lpllng 8qrvl¢o$ & support 2025 Total 2025 2025 2025 Diroct costs Supervision and counselling Various clinical costs Clinical s8rvic8s and support Grief relief kil costs 128,827 128,827 7,480 778.138 17.984 7,480 778,138 17.984 128,827 803,602 932.429 Sharn of support and govornance $ts (sw note 12) Support Governance 129.863 11.220 281.363 24.310 411,226 35.530 269,910 1.109.275 1,379,185 Analys1$ by fund Unrestrlcted funds - general Restrict8d funds 192.657 77.253 928,135 1.120,792 181.140 258,393 269,910 1.109.275 1.379.185 18.
GRIEF ENCOUNTER NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025 Exp•nditur• on charltable actlvltl IContlrku•d) Prnvlous ar. Counselllng & support Grl•ftalk h•lpllno Tralnlng Cllnlcal 5orvi¢os & support 2024 Totsl 2024 2024 2024 2024 Dlrnct costs Charitable activities GESW Supervision and counselling Grieftalk helpline V81ious training costs Various clinical costs Clinical servSces and support Grief relief kil cos15 26.893 26.893 290.901 18.502 21,875 5,083 799.508 27,361 290,901 18,502 21.875 5,083 799,508 27.361 290.901 18.502 21.875 858,845 1,190,123 Share of support and governanu ¢o$ts ($•• not• 12) Support 202,845 Governan 11,516 141,991 8.061 202.845 11.516 547,681 31.093 505,262 168,554 21,875 1.073,206 1,768,897 Analysls by fund Unreslricled fund8- general Restrlcted fvnds 409.698 95.564 168.554 21,875 890.561 1,490,688 182,645 278,209 505,262 168,554 21,875 1,073,206 1,768,897 D•$¢rfptlon of charltablo actl¥ltl•$ Counselllng & support Includes supervision and coun8elling costs Grieftalk helplin• Includes h61pllne omails and webch8t. Tralnlng Includes good gdef Iralning. in-house trainlng and bespoke tralnlng sts Cllnlcol sor41¢os & Support Includes clinical staff costs, clinical support costs grlèf rellef klt costs, DBS and recruiting checks and rese8h and evaluation costs Includes costs of workshops, residential weekend, fun days. good grief groups, clinical materials, clinical couns8lling rooms and special clinical events 19-
GRIEF ENCOUNTER NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 JUL Y 2025 10 Nel movèmènt In fvnds 2025 2024 The net movgment in funds is slated after chargingllcr8ditingl'. Fees payable for the audit of the charitys finarrial slalemants Dèpreciation of owned tangible fixed assots 8,400 28.245 8.400 30.112 11 Trustses None of the Iru$tee8 lor any persons connected with them) received any remunerallon or banefits from th8 charity during thè year. 12 Support costs Support Govemanco costs 2025Support costs Govem8nce costs 2024 Staff costs Depreciation Premises expen3e5 AdVersIng Tèlephone and intemel Computer and website Sundry expens85 Legal and professional fees Printing postsge and stationery Bank charge5 267.512 28,245 62,700 52.876 9.016 36,345 46.786 267,512 28,245 62,700 52,876 9.016 36.345 46,786 333,828 30.112 88.971 147.908 11,384 41,211 46.284 333,828 30.112 88.971 147.908 11,384 41.211 46.284 80.962 80,962 113,804 113,804 24,712 18,508 24,712 18.508 7.354 10.807 7.354 10.807 Accountancy and audit $4,230 54,230 47,215 47.215 627,662 54.230 681,892 831.663 47.215 878,878 Analysed belween Fundraising Charitable actlvltles 216,436 411,226 18,700 35,530 235.136 446,756 283,982 547,681 16.122 31.093 300,104 578,774 627,662 54,230 681,892 831,663 47,215 878.878 Govoman¢e Costs includes payments to the aLKiltors of £8,41X) for audit foes. Allocation basis Support and govemancè costs are allocated to charliable acbvi118s and fundrai5i119 based on the number of employ095 engaged in each activity. This rnelhod 15 considered lo provide a reasonablo rèfloction of resource usage and is reviewed periodallY lo ensure its continued appropriateness. -20-
GRIEF ENCOUNTER NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 JULY2025 13 Taxatlon Th8 tharity Is axempl from taxation on its aclivilies because all its income Is applied for charitablè purp08e8. 14 Employ••s The overage m(Jnthly nwhbar of employees during the y88r was: 2025 Numb•r 2024 Numb•r Fundralslng Cllnlcal and support Griaf talk 11 20 14 20 Total 31 41 Ernploym•nt colts 2025 2024 Wages and salari88 Sodal $8curlty costs Other pension costs 1.321,214 118.498 22,683 1.425.539 153,801 28.543 1.462,395 1.607.883 Wage5 and Salaries indude a provision of £84,500 12024.. £nil) in respect of a settlement agreement wth a fomier gmpbyeg. comprising £65,000 compensation for loss of employment and £19.500 paid in lieu of rtotic8 undor tho gmployment contract. The number of employe85 whoso annual remuneration was more than £60,000 is 88 follows.. 2025 Numb•r 2024 Numb•r £70,00110 £80,000 £80,00110 £90.000 21
GRIEF ENCOUNTER NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025 15 Fixed assel Inv•stmonts Unlisted Investm•nts Cosl or valuatlon At 1 August 2024 Valuats'on changes 813.930 22,426 At 31 July 2025 836,356 C19 amount Al 31 July 2025 836,356 At 31 July 2024 813,930 16 Tanglble fix•d ass•ts Land and L•as•hold bulldlngs improwmènts xtur•. Ilillngs & 0gulpm•nt Computsrs Tolal Cost At 1 August 2024 Additior&s 395.000 90.901 39,210 144 24,671 15,298 549,782 15.442 Al 31 July 2025 395.000 90.901 39,354 39,969 565,224 Deproclatlon and Impalrni8nt At 1 August 2024 Depreciation charggd in the year 89.096 5,267 90,901 23.421 12,987 11,026 9,991 214,444 28,245 At 31 July 2025 94.363 90.901 36,408 21.017 242,689 Corrylng amount At 31 July 2025 300.637 2,946 18.952 322.535 Al 31 July 2024 305,904 15,789 13.645 335.338 Included in c08t or valuation of freeFKJld land and buildings is freehold land of £131,667 thich is not depreciated. 17 Deblors 2025 2024 Amount fAlllng due wlthln on• y•ar: Trade debtors Prgpayments and accrued incom8 127,904 44.490 76,981 119.414 172,394 196,395 -22-
GRIEF ENCOUNTER NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025 18 Creditors.. •mounts falllng due wlthln one year 2025 2024 Notes Other taxation and social security Deferred incomg Trade creditr)rs Other creditors Accruals 40.352 2,533 4,021 36,672 242.547 6.211 12.675) 25.421 109,577 156,483 308,176 19 Dfjforrod income 2025 2024 Other d8farred Income 2,533 242.547 Deferred income is Included in tho financial statements as follows.. 2025 2024 Deferred income is included within.. Current liabilities 2.533 242,547 Movemonts in th8 y8ar'. Deferred income at 1 August 2024 Released from previous periods Resourc85 deferred in the year 242,547 1242,5471 2.533 19.210 119,2101 242.547 Deferred income al 31 July 2025 2.533 242.547 Def&rred income related lo amounts received in advance for aclivib8$ and events to b8 hold next year. 20 Analysls of not ass•ts b•lwo•n funds Unr•$lrlcled R•strict•d Total fundi 2025 funds 2025 2025 At 31 July 2025- Tangible a5s&ts Investments CurreTrl assgtsllliabililiesl 322,535 836,356 1,007,456 322,535 836,356 1,068.907 61,451 2,186,347 61,451 2.227.798 -23-
GRIEF ENCOUNTER NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025 20 Analysls of ngt ass•ts b•tw•en funds (Continu) Unro$trl¢¢•d Restricted Total funds 2024 funds 2024 2024 At 31 July 2024: Tangible assets Investments Current a85etsllliabililiesl 335.338 813,930 317,568 335,338 813.930 482.504 164.936 1,466,836 164,936 1.631,772 21 Unrostrlct•d funds The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject lo speclfic conditions by donors and grantOT5 a5 to how th8y mey b9 Used. These include design8t8d funds which have beon sel aside out of unrestrictèd funds by the truslges for specific purposes. At 1 August 2024 Incomlng rnsourcos Resources expended Trnnshrs At 31 July 2025 General funds 1.466.836 2,881.920 12.182.409) 2.166.347 Prnvious y•ar: At 1 Augu8t 2023 Incomlng rosource• Resources oxp•nded Tran$f•rs At 31 July 2024 Transfornalional profvcl General funds 500,000 1,938,140 (500.000) so0.0 1,336.S27 12,307,831) 1.466.836 2,438.140 1.336.527 {2.307,8311 1,466,836 In 2021. the charity crgated a designatad fund for a Iransfomiabonal proj8d to meet the growing d8mand for our bereavemont advlce and lo manage Ihg transition lo a national servic8. This has beèn VieWed by the charity and has been docided it is no longer r8quired for its interKled use. Consequently. the Trustees have approved the transfer of the full balan back lo unrestrtcled fvnds to better support the charitys ongoing Bclivities. The transfer has no impact on the total funds of the charity. -24-
GRIEF ENCOUNTER NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2025 22 Rostriet•d funds The r8stn.cted funds of the charity comprise the unexp8nded balances of donation8 and grants hèld on trust subj'ect to 3pecMc conditions by donors as to how they may be used. Movement In funds Inromlng Rer¢•0 Balanm •1 r•sourc•s •xp•nded 1 Augus12024 Movem•nl In lunds Incomlnq r••ourc•s Balanc• at 1 August 2023 Balanc• at eXnded 31 Juty 2025 Counselling and supervision other clinical activities Clinlcal service5 24,726 98,019 {95.5641 27.181 91.415 177,2531 41,343 10,099 9,01)0 119,099} 91.929 209.371 (163.5451 137,755 63,493 (181,140) 20,108 126.754 316,390 1278.2081 164,936 154,908 {258.3931 61,451 23 Related party transaGtion$ There were no dSsdosable related party transadons during the year. Cash g•nerat•d froml(absorb•d by) op•rations 2025 2024 SurplU{dafiCit for the year 596.026 1933,122) Adjustments for: Investment Sncome recognised in statement of financial activitie5 D8pr6aallon and Impaimignl of tangible fwl assets (25.9901 28,245 145.1631 30.112 Movements In worklng capital: Decreasellincreasal in debtors Incr8as8lldecreasel in creditors IDecreaseyincreas8 in deferred inu)me 24,001 88,321 1240,0141 {105,920) 143,747) 223,337 Cash g•n•r•t•d froM1{ab5¢yed by) operatlons 470.589 (874,5031 25 Analysls of changos in n•t lund• The charity h8d no material debt during th8 year, -25-