Cedar House Preston CIO
Report and Accounts Year ended 31 December 2024
1 Lamb's Passage, London EC1Y 8AB www.stewardship.org.uk
CEDAR HOUSE PRESTON CIO
LEGAL & ADMINISTRATIVE DETAILS
FOR THE YEAR ENDED 31 DECEMBER 2024
ADDRESS FOR CORRESPONDENCE 6 Chapel Street Preston PR1 8BU GOVERNING DOCUMENT Constitution dated 28 November 2019 CHARITY REGISTRATION NUMBER 1186644 TRUSTEES RESPONSIBLE FOR Mrs V A Barker MANAGING THE CHARITY Ms C R Hubback Dr P Johns Mrs T J McNamara (resigned February 2025) Mrs H N M Sewell MBE Mr E P Simmons Mrs C Tomlinson (resigned February 2024) Dr D A Webster INDEPENDENT EXAMINER Archie McDowall BA CA Stewardship 1 Lamb's Passage LONDON EC1Y 8AB INDEX Page 1 Legal & Administrative Details Pages 2-3 Trustees' Report Page 4 Independent Examiner's Report Page 5 Receipts and Payments Account Page 6 Statement of Assets & Liabilities Pages 7-8 Notes to the Accounts
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CEDAR HOUSE PRESTON CIO
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 DECEMBER 2024
Objects of the charity
The charity is governed by a constitution and is constituted as a charitable incorporated organisation]. The charity's principal objects, as set out in its governing document, are:
a) The promotion and protection of health for the public benefit by providing or assisting in the provision, primarily but not exclusively, for people suffering from psychological or emotional distress and resident in the NW of England.
b) Also the promotion of such other charitable purposes carried on in connection with the above objects.
Summary of the charity's main activities and achievements
To further the above objects and vision, the charity's main activities and achievements were as follows:
Counselling with trained, approved and supervised counsellors.
In planning the activities the Trustees have applied the guidance on public benefit issued by the Charity Commission.
Financial review
During the year income decreased by £561, to £63,056, and expenditure decreased by £2,278, to £56,144. As a result the cash held by the charity increased by £6,912, to £76,917, all is unrestricted and can be used for any charitable purpose.
Reserves policy
The trustees have determined that the charity should aim to hold unrestricted cash of no less than £15,000 (which equates to about 3 months' of unrestricted expenditure) so that the charity could continue to operate should income and / or expenditure vary adversely. At the year end, the charity held unrestricted cash of £76,917 and the charity is complying with its reserves policy / holding additional funds for the purpose of contining the work of the charity
Governance
Responsibility for setting policy and for making operating decisions rest with the trustees who meet regularly to monitor the activities of the charity. Responsibility for the day to day operation of the charity has been delegated to a senior management team led by Fiona Blacklidge and Jill Zik. New trustees are recruited and appointed by the existing trustees, by a majority vote.
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Risk statement
The charity is exposed to various risks - be they operational, financial or reputational. The trustees review the charity's activities regularly to identify significant risks and, where possible, they take appropriate measures to mitigate those risks.
Responsibilities of trustees
Charity law requires us as Trustees to prepare financial statements for each accounting year which record the receipts and payments of the charity for the year.
We are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable us to ensure that the financial statements comply with the Charities Act 2011.
We also have a responsibility to safeguard the assets of the charity and to take reasonable steps to prevent fraud or any other irregularities.
Approval
This report was approved by the trustees and signed on their behalf by:
……………………………………………………….. HAZEL SEWELL Date:_____
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INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES OF
CEDAR HOUSE PRESTON CIO
I report to the trustees on my examination of the accounts of Cedar House Preston CIO ('the charity') for the year ended 31 December 2024 on pages 5 to 8 following.
Responsibilities and basis of report
As the trustees of the charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the 2011 Act’).
I report in respect of my examination of the charity’s accounts carried out under section 145 of the 2011 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 2011 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:
-
accounting records were not kept in accordance with section 130 of the 2011 Act; or
-
the accounts do not accord with the accounting records.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Archie McDowall
Archie McDowall (Oct 29, 2025 11:54:06 GMT)
Archie McDowall BA CA Stewardship 1 Lamb's Passage LONDON EC1Y 8AB
Date: 29 October 2025
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CEDAR HOUSE PRESTON CIO
RECEIPTS AND PAYMENTS ACCOUNT
FOR THE YEAR ENDED 31 DECEMBER 2024
| Notes Income receipts Donations Gift aid receipts Grants Interest Other income Total receipts Payments 2 Total payments Transfers between funds 3 Net movement in funds Cash funds as at last year end Cash funds at this year end A Net of receipts / (payments) before transfers Payments in relation to charitable activities undertaken directly |
General Designated Funds Funds £ £ 47,741 - 12,435 - - - 2,188 - 693 - 63,056 - 56,144 - 56,144 - 6,912 - - - 6,912 - 70,005 - 76,917 - Unrestricted Funds |
Restricted Funds £ - - - - - - - - - - - - - |
2024 £ 47,741 12,435 - 2,188 693 63,056 56,144 56,144 6,912 - 6,912 70,005 76,917 |
2023 £ 52,244 6,189 5,031 780 1,294 65,538 58,422 58,422 7,116 - 7,116 62,889 70,005 |
|
|---|---|---|---|---|---|
| General Funds £ 47,741 12,435 - 2,188 693 63,056 56,144 56,144 6,912 - 6,912 70,005 76,917 |
The notes on pages 7 - 8 form part of these accounts.
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CEDAR HOUSE PRESTON CIO
STATEMENT OF ASSETS AND LIABILITIES
FOR THE YEAR ENDED 31 DECEMBER 2024
| Notes A Cash funds Cash at bank with immediate access Petty cash B Other monetary assets Gift aid due to charity Prepayments Other debtors C Liabilities Taxes due Fee for Independent Examination Accrued expenses Total |
General Designated funds funds £ £ 76,855 - 61 - 76,917 - 1,487 - 716 - 280 - 2,203 - - - 1,200 - 598 - 1,798 - Unrestricted Funds |
Restricted funds £ - - - - - - - - - - - |
2024 £ 76,855 61 76,917 1,487 716 280 2,203 - 1,200 598 1,798 |
2023 £ 69,946 59 70,005 7,553 720 - 8,273 100 1,250 646 1,996 |
|---|---|---|---|---|
D Assets retained for charity's own use
| 23 Mount Street, Preston (original value) 23 Mount Street, Preston (revaluation) |
Fund to which asset belongs Property Revaluation |
Cost or valuation £ 45,000 65,000 110,000 |
|---|---|---|
F Guarantees and secured debts
The charity has not given any guarantees and has not provided its assets as security for any liabilities.
The accounts were approved by the trustees and signed on their behalf by:
-------------------------------------------HAZEL SEWELL Date: ____
The notes on pages 7 - 8 form part of these accounts.
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CEDAR HOUSE PRESTON CIO
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024
1 Accounting policies
The accounts have been prepared on a receipts and payments basis and comprise a statement that shows the charity's receipts and payments, a statement that summarises the charity's assets and liabilities and related notes. The accountancy profession have determined that only accounts prepared in accordance with applicable accounting standards present a 'true and fair' view and, as these receipts and payments accounts have not (and cannot) be prepared in accordance with accounting standards, these accounts do not present (and are not intended to present) a 'true and fair' view of the charity's financial activities and state of affairs.
In the previous year, the charity presented accounts prepared on the accruals basis using the Charities SORP. As the charity's income is less than £250,000, it has now taken advantage of the option to prepare its accounts on a receipts and payments basis and the results reported previously have been restated; further information is given in note 7 below.
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. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. Restricted funds are donations which are to be used in accordance with specific restrictions imposed by donors; they include donations received from appeals for specific activities or projects.
| 2 Payments in relation to charitable activities undertaken directly Employment costs (see note 4) Counselling Supervision Telephone & IT Utilities Independent examination Legal & professional Office expenses Insurance Repairs & maintenance 3 Movement of funds General funds Designated funds Revaluation Reserve Property Fund Total funds |
Unrestricted Fun General funds £ 37,372 6,930 2,214 2,864 1,250 1,422 1,707 1,014 1,372 56,144 Opening balance £ 70,005 - - - 70,005 |
ds Designated funds £ - - - - - - - - - - Receipts £ 63,056 - - - 63,056 |
Restricted Funds £ - - - - - - - - - - Payments £ (56,144) - - - (56,144) |
Total 2024 £ 37,372 6,930 2,214 2,864 1,250 1,422 1,707 1,014 1,372 56,144 Transfers £ - - - - - |
Total 2023 £ 36,205 6,549 1,075 5,166 3,488 744 1,126 938 3,132 58,422 Closing balance £ 76,917 - - - 76,917 |
|---|---|---|---|---|---|
The Property Fund and Revaluation Reserve hold the value of the charity's property but no receipts or payments are generally recorded in the these funds on an ongoing basis.
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CEDAR HOUSE PRESTON CIO
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 DECEMBER 2024
4 Reconciliation with previously reported funds
As explained in note 1 'Accounting Policies', in the previous year the charity prepared its accounts using the accruals basis; in the current year the charity has taken advantage of the option to prepare its accounts on a receipts and payments basis. The comparatives presented in these accounts have been re-stated using the receipts and payments basis and a reconciliation with the reserves and results reported previously follows:
| Reconciliation of reserves Previously reported reserves, at 31 December Adjustments arising from use of receipts and payments basis: Exclusion of previously included fixed assets Exclusion of previously included debtors Exclusion of previously included creditors Re-stated reserves, at 31 December Previously reported results Adjustments arising from use of receipts and payments basis: Previously capitalised expenditure, less depreciation, now expensed Excluded movements in debtors resulting in the recognition of more / (less) income Excluded movements in creditors resulting in the recognition of less / (more) expenditure Re-stated results Reconciliation of results |
2023 £ 181,612 (110,000) (8,273) 6,665 70,005 2023 £ 13,297 541 (920) (5,803) 7,116 |
2022 £ 168,315 (110,541) (7,353) 12,468 62,889 |
|---|---|---|
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