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2023-03-31-accounts

SORP
reference
Summary ofthe purposes of Para 1.17 To promote for the public benefit the advancement
iha chaitry as aai out irl its of aducason
and knowledge
govarrdng document in the field ofEmotional
Freedom Techniques
E
and traini
Summary
in rakraon
cfthe main activities
to those purposes
Para 1.17
and 1.19
a) Establishing
and upholding
the highest
standards
ofethics and conduct which are at
for the public benefit,
in
parbcular,
the sctivlgas,
least required
by regulatory
bodies but may
exceed them
projads orservices idantNad
in the accounts. b) Acting independently
ofany regulatory
body
c) Publishing
a complaints
procedure
for all
members
and the general public
d)Encouraging
professional
practice and
ensuring
that teaching/training
fogows the
core cuntculum
laid down
in the training
guidelines
e) Providing
information
to the general public
and forge links with relevant professionals
about the beneitts and working practices of
Emotional
Freedom Techniques
(EFT)
f) Maintaining
a list ofcurrent acgve members
and only alkrw practising
members tojoin on
the proviso that they agree to, and abide by,
(where applicable) EFT International
Training
Regulations,
the EFT International
Code of
Conduct and Ethics, and EFTInternational
Guidelines
on CPD and Mentortng
as updated
and amended
from mme to time
g) Olfering an annual sdentmc symposium
conference for the
ubilc e
ori
EFTand
5.Introduced aCotractor Poficy and
implemenbtgon
ofroles and responsibilities
for
hired contractors.
6.Began the process ofdevsfopment ofdear
roles and respomdbgiges
for subcommittee
chairs.
7.A review ofall charity Pohcies and Procedures
was inNated
Including
Whisgeblowing
policy,
Comphints
procedures,
Anti-bullying
policy,
Volunteer
recrulsnent
and onboardlllg
procedures.
8.The formation
and devebpment
of
a
Volunteering
Support committee.
9.A Governance
consultant was hired to assist in
creasng a~de compliance
report
Including
Ihe devtaopment
ofathorough
trustee
onboarding
training
program.

Review ofthe charity's Review ofthe charity's Para 1.21 The chartiy
kr in a healthy finandal
postfion
The chartiy
kr in a healthy finandal
postfion
linsndsi
position at
the end st 31 March 2023 with s General Reserve
ofthe period Fund of6164,067, an EFTResearch
Reserve Fund ofE10,644, and an EFT
Crisis Fund with a baktnce of655at year
end.
Statement
explaining
the Para 1.22 Our General Reserve needs to be ofthe
pohcy for hdding reserves order ofat least Ot5,000to keep the
stating why they are held organrsatton
afiost for, say, six months
in
the event ofa sudden or unprecedented
absence ofincome.
EFThas a growing research base but, in
order to continue to advance
its acceptance
amongst
the scientific and traditional
healthcare
community,
mors is needed.
So
we hold an EFTResearch Fund reserve.
Amount ofreserves held Para 1.22 6174.786
Reasons for holding zero Para 1.22 N/A
Details offund materially Para 1.24
in deficit
Explanation
ofany
Para 1.23 There were no uncertainties
regarding
Ihs
uncertainties
about the
Charity continuing as a going concern
charity continuing as a during this time. However, see principle
oin
concern
risks below.
Additional
information
(optional)
You ma
choose to
indude further statements
where relevant about
The charity's
principal
sources offunds
Para 1.47 Membership
Donations and annual
Symposium
(including
any
fun draising)
Investment
policy and
objectives induding any NIA
sodal investment
policy
adopted
Para 1.46
As at 31 March 2023there was a potential
A description
ofthe
principal
risks facing
charity
the Pare 1.46 risk to reputation
and ability to psy snd
receive donafions due to:
1. Challenges
accessing banking
and
finandal
accounts due to an
incongruence
with trustee board
m~p, undear
international
banldng
issues and ditficuttles
with previous
organisation
personnel
fsdlitating
2. Challenges
faced when dealing
with
a
contractor who wss terminated
holdin

Contents Page
Statement ofFinancial Activities
Balance Sheet
Notes 3to 6
Independent Examiner's Report

Year ended Year ended
31.03.23 31.03.22
Income
Donations:
Membership
76,747 74,389
Reserved for EFTResearch Fund 188 3,189
EFTfor Crisis Reserve Fund 3,24$ $0,183 260 77,838
Accreditation 570 4,640
Audio-Visual
8i, other sales
454 1,009
Conference
and Meetings
19,484 17,401
On-line Exams 6,370 7,744
Disclosure
and Barring Service
55
Affiliate Income 2,198 4,012
Bank Interest 529 17
I~K*
Cht
109,843 112,661
Donations: EFTfor Crisis 3,453
Travel, Accommodation
and Subsistence
1,919 1,424
Website Management 9,326 14,071
Conferences &Meetings 727 204
Disclosure and Barring Services
AccreditatioruTraining
Management
9,550 11,862
Operations
Management
11,960 22,905
Promotion
and Printing
5,558 7,254
Membership
Administration
16,133 23,751
General Administration 1,667 756
Bank and PayPal Charges 3,487 3,002
Legal and Professional
fees
4,588 2,530
Accountancy
8cExamination
5,426 2,812
Honoraria
provision
2,250
Amortisation
ofIntangible
Assets 2,791 1,124
76,585 93,945
Operating
Surplus for the year
33,258 18,716
Transfer donations
toEFT
Research Fund -188 (3,189)
Transfer EFTfunds for expenditure 3,453
Transfer to EFTfor Crisis Fund (3,24$)
Remainder
transferred
to General Reserve
33,275 15,267

2022 2022
E
2.000
gr669 4,894
4.699
I1& 7ie I,124 8„469
5~
1667 3
Ct)62568313gth
Stockofbooks 1,$00
Prepaid coats 131 131
HSBCAccount Balances 119/41 135,433
PayPsl Account 66t333 I,052
138,116
Creditors, Accrusls eod Pmvisian 23t597~II& 7,0$7 131,059
ly 786 141.S28
Ccsand Reserve
Opening bebmce 1April 2022 115.545
Surplus forthe year 15,267
1663tgy 130.812
Ibsssrvs pkrnd (tttV Research)
Opening balance l April 2022 18r656 7,267
Fund moverncnt in year 1gg 1I4644 3.189 10,456
17 786 141528
l to6ers hereby approved on bdudf ofthe Truatoo.

The following
services were supplied to the Charity by relate
contract for services basis:
d parti es and volun teers
on a
2023 2022
g g
H Jones (Volunteer): Book-keeping/Coaching 5,946 9,001
JDobbs: Administration
and Project Management
3,442
C Sutton (Volunteer): Accreditation/Training
Board
3,614
JBarbee (Volunteer): Website services/Accreditation 2,823 7,701
JFootman (Volunteer):
External
liaison, Projects
and subcontracted
accreditation
work
1,228 6,398
Z West: Bookkeeping
and Membership
Services
15,734 4,272
SGarfield: Accreditation 1,547
C Stonier (Volunteer): Accreditation
work
900
M Moorby (Volunteer): Accreditation
work
350 614
BMoore-Hafter
(Volunteer): Membership
and Accreditation
work 5,470 45
M Bennett (Volunteer): Accreditation
work
450
Other Volunteers (4Under f250):Translation 543

Honorari a
and benefits
Cash and other Benefits
2023 2022
Honorary Secretary 1,000)
) Membership (free)
Research Team volunteers (2) 1,250)
Total provision Nil 2250