## 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
Page 1
## **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.
Page 2
## **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:_______________________
Page 3
## **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:
1. accounting records were not kept in accordance with section 130 of the 2011 Act; or
2. 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
Page 4
## **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.
Page 5
## **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.
Page 6
## **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.
Page 7
## **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|
|---|---|---|
Page 8