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2021-06-01-accounts

DocuSign Envelope ID: A642E9F0-BB5E-4BE0-870C-CEB8F2E203F0

REGISTERED IN ENGLAND REGISTERED CHARITY NO 1180137

WILFRID FABER COUNSELLING AND SUPPORT

ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE PERIOD ENDED 01 JUNE 2021

Clenshaw Minns Ltd Chartered Accountants

DocuSign Envelope ID: A642E9F0-BB5E-4BE0-870C-CEB8F2E203F0

WILFRID FABER COUNSELLING AND SUPPORT

INFORMATION FOR THE PERIOD ENDED 01 JUNE 2021


Trustees B Tussaud
C Hornsby
R Hardy
J Large
A Shenkman
Charity number 1180137
Principal office Brompton Oratory
Brompton Road
London
SW7 2RP
Accountants Clenshaw Minns Ltd
Chartered Accountants
Norfolk House
24 Market Place
Swaffham
Norfolk
PE37 7QH

DocuSign Envelope ID: A642E9F0-BB5E-4BE0-870C-CEB8F2E203F0

WILFRID FABER COUNSELLING AND SUPPORT

CONTENTS

Page
Trustees’ annual report 1-3
Independent examiner’s report 4
Statement of financial activities 5
Balance sheet 6
Notes to the financial statements 7-11

DocuSign Envelope ID: A642E9F0-BB5E-4BE0-870C-CEB8F2E203F0

WILFRID FABER COUNSELLING AND SUPPORT

TRUSTEES’ REPORT FOR THE PERIOD ENDED 01 JUNE 2021

OBJECTIVES AND ACTIVITIES

Aims & Objectives

WFCS was set up to offer support to those who may otherwise be unable to seek the help they need. Our clients have a broad spectrum of complex needs, from relationship issues, to anxiety, bereavement, suicidal ideation and feeling directionless, among many others.

Main activities for achieving objectives

ACHIEVEMENTS AND PERFORMANCE

Review of activities

The accounts include income received and expenditure incurred in connection with services provided to the London Oratory School, which are not part of the day to day charitable work. These transactions were undertaken on a cost neutral basis, incurring no gain or loss to the charity.

FINANCIAL REVIEW

Going concern and reserves policy

The Trustees have carefully considered all available information about the effect of the Covid-19 pandemic on the finances and operations of the company for 12 months from the time of approving these financial statements. In particular they have had regard to information from budgets and forecasts for income, expenditure and cash-flow, including the availability of unrestricted funds and reserves, credit facilities and any other forms of financial assistance.

The Trustees of Wilfrid Faber Counselling and Support have determined that:

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DocuSign Envelope ID: A642E9F0-BB5E-4BE0-870C-CEB8F2E203F0

WILFRID FABER COUNSELLING AND SUPPORT

TRUSTEES’ REPORT FOR THE PERIOD ENDED 01 JUNE 2021

STRUCTURE, GOVERNANCE AND MANAGEMENT

Constitution

Wilfrid Faber Counselling and Support is a Charitable Incorporated Organisation, number 1180137 and is constituted under the Charity Commission Scheme and a Trust Deed. The trustees are appointed or reappointed annually at the Annual General Meeting.

PLANS FOR THE FUTURE

Future developments

The Charity plans to continue its activities for the foreseeable future.

DECLARATION

The Trustees declare that they have approved the above trustees’ report.

Signed on behalf of the charity’s trustees:

Signature(s)
Full name(s)
Position (e.g. Secretary, Chair,
etc)
Date
Mrs B Tussard
Chair
17-09-2021
17-09-2021

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DocuSign Envelope ID: A642E9F0-BB5E-4BE0-870C-CEB8F2E203F0

WILFRID FABER COUNSELLING AND SUPPORT

INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES FOR THE PERIOD ENDED 01 JUNE 2021

I report to the charity trustees on my examination of the accounts of the charity for the period ended 01 June 2021 which are set out on pages 5 to 11.

Responsibilities and basis of report

As the charity’s trustees you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the charity as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination.

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 accounts to be reached.

……………………….. Date ………………

Gavin Minns F.C.A.

Clenshaw Minns Ltd Chartered Accountants Norfolk House 24 Market Place Swaffham PE37 7QH

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DocuSign Envelope ID: A642E9F0-BB5E-4BE0-870C-CEB8F2E203F0

WILFRID FABER COUNSELLING AND SUPPORT

STATEMENT OF FINANCIAL ACTIVITIES FOR THE PERIOD ENDED 01 JUNE 2021

Total Total
Unrestricted funds funds
funds 2021 2020
Notes £ £ £
Incoming resources
Income and endowments from:
Charitable activities 2 48,044 48,044 32,428
London Oratory School 84,766 84,766 69,991
_ _ _
Total incoming resources 132,810 132,810 101,419
_ _ _
Resources expended
Charitable activities 3 51,834 51,834 34,545
Other costs 4 3,524 3,524 828
London Oratory School 78,183 78,183 70,191
_ _ _
Total resources expended 133,541 124,670 105,564
_ _ _
Net income/(expenditure) (731) (731) (4,145)
______ _ _
Net movement in funds (731) (731) (4,145)
Total funds brought forward (4,145) (4,145) -
_____ ______ ______
Total funds carried forward (4,876) (4,876) (4,145)
===== ===== =====

Statement of Total Recognised Gains or Losses

The Charity had no recognised gains or losses other than the above income for the financial period ended 1 June 2021.

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DocuSign Envelope ID: A642E9F0-BB5E-4BE0-870C-CEB8F2E203F0

WILFRID FABER COUNSELLING AND SUPPORT

BALANCE SHEET AS AT 01 JUNE 2021

Total Total
Unrestricted funds funds
funds 2021 2020
Notes £ £ £
Fixed assets
Tangible assets 7 3,220 3,220 854
Current assets
Cash at bank and in hand 8 6,595 6,595 1,379
_ ______ ______
9,815 9,815 2,233
Creditors: amounts falling
due within one year 9 14,691 14,692 6,378
______ _____ _____
Net current assets / (liabilities) (4,876) (4,876) (4,145)
______ ______ _____
Total assets less current liabilities (4,876) (4,876) (4,145)
Total net assets (4,876) (4,876) (4,145)
===== ===== =====
Total charity funds
Unrestricted funds 11 (4,876) (4,876) (4,145)
_____ _____ _____
(4,876) (4,876) (4,145)
===== ===== =====

17-09-2021

The financial statements were approved by the Trustees on ……………………………………… and are signed on its behalf by:

Trustee …………………………………….

The notes on pages 6 to 10 form part of these financial statements.

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DocuSign Envelope ID: A642E9F0-BB5E-4BE0-870C-CEB8F2E203F0

WILFRID FABER COUNSELLING AND SUPPORT

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 01 JUNE 2021

1. Accounting policies

1.1 Basis of preparation of financial statements

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

The accounts have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and with the Charites Act 2011.

1.2 Fund accounting

General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the Trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.

Investment income, gains and losses are allocated to the appropriate fund.

1.3 Incoming resources

All incoming resources are included in the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable accuracy.

Gifts in kind donated for distribution are included at valuation and recognised as income when they are distributed to the projects. Gifts donated for resale are included as income when they are sold. Donated facilities are included at the value to the charity where this can be quantified and a third party is bearing the cost. No amounts are included in the financial statements for services donated by volunteers.

Donated services or facilities, which comprise donated services, are included in income at a valuation which is an estimate of the financial cost borne by the donor where such a cost is quantifiable and measurable. No income is recognised where there is no financial cost borne by a third party.

Income Tax recoverable in relation to investment income is recognised at the time the investment income is receivable.

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DocuSign Envelope ID: A642E9F0-BB5E-4BE0-870C-CEB8F2E203F0

WILFRID FABER COUNSELLING AND SUPPORT

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 01 JUNE 2021

1.4 Resources expended

All expenditure is accounted for on an accruals basis and has been included under expense categories that aggregate all costs for allocation to activities. Where costs cannot be directly attributed to particular activities they have been allocated on a basis consistent with the use of the resources.

Fundraising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charitable activities. Support costs are those costs incurred directly in support of expenditure on the objects of the charity and include project management carried out at headquarters. Management and administration costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.

1.5 Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives, on the following bases:

Fixtures & equipment - 15% reducing balance

2. Charitable activities

Charitable activities
Unrestricted Unrestricted
Funds Funds
2021 2020
£ £
Donations 42,194 32,188
Professional fees 5,850 240
_____ _____
Total charitable income 48,044 32,428
===== =====
Charitable Expenditure
2021 2020
£ £
Direct Costs
Supervision 13,332 11,233
Training 2,060 2,807
______ _____
15,392 14,040
______ _____

3. Charitable Expenditure

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DocuSign Envelope ID: A642E9F0-BB5E-4BE0-870C-CEB8F2E203F0

WILFRID FABER COUNSELLING AND SUPPORT

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 01 JUNE 2021

Support Costs
Administration 14,765 6,510
Clinical administration – J Bismarck 10,160 4,212
Computer costs 2,747 1,068
Bank charges - 190
Rent 4,300 7,050
Insurance 384 361
Fundraising 827 292
General expenses 2,719 822
_____ _____
35,902 20,505
______ ______
Total charitable expenditure 51,834 34,545
====== ======
4. Other costs
2021 2020
£ £
Accountancy 1,092 828
Professional fees 1,864 -
Depreciation 568 -
____ ___
3,524 828
==== ===
5. Analysis of resources expended by expenditure type
2021 2020
£ £
Counselling and support work 51,834 34,545
Other 3,524 828
______ ______
55,358 35,373
====== ======
**6. ** Analysis of resources expended by activities
Direct costs Support costs Total
2021 2021 2021
£ £ £
Counselling and support work 15,392 35,902 51,834
===== ===== ======

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DocuSign Envelope ID: A642E9F0-BB5E-4BE0-870C-CEB8F2E203F0

WILFRID FABER COUNSELLING AND SUPPORT

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 01 JUNE 2021

**7. ** Tangible fixed assets
Fixtures
and equipment Total
Cost
At 2 June 2020 854 854
Additions 2,934 2,934
Disposals - -
____ ____
At 1 June 2021 3,788 3,788
==== ====
Depreciation
At 2 June 2020 - -
Depreciation eliminated on disposal - -
Charge for the year 568 568
____ ____
At 01 June 2021 568 568
==== ====
Net book value
At 01 June 2021 3,220 3,220
==== ====
At 02 June 2020 854 854
===== =====
**8. ** Cash at bank and in hand
2021 2020
£ £
Current account 6,595 1,379
===== =====
**9. ** Creditors: amounts falling due within one year
2021 2020
£ £
Trade creditors
13,863 -
Accruals
828 828
Other loans - 5,550
____ ____
14,691 6,378
=== ====

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DocuSign Envelope ID: A642E9F0-BB5E-4BE0-870C-CEB8F2E203F0

WILFRID FABER COUNSELLING AND SUPPORT

NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 01 JUNE 2021

10. Charity funds
2021 2020
£ £
Opening funds (4,145) -
Net movement in funds for the period (731) (4,145)
_____ _____
Closing funds (4,876) (4,145)
===== =====

Closing funds shown above are held on trust and in accordance with the restrictions contained in the Charity’s Memorandum of Association.

11. Analysis of net assets between funds

Analysis of net assets between funds
Unrestricted Unrestricted
2021 2020
£ £
Tangible Fixed Assets 3,220 854
Current assets 6,595 1,379
Creditors due within one year (14,691) (6,378)
______ _____
(4,876) (4,145)
====== =====

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