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2025-06-30-accounts

Company registration number: CE022664 Charity registration number: 1190584

THE EMPOWERMENT GROUP

(A company limited by guarantee) Annual Report and Financial Statements for the Year Ended 30 June 2025

GRC Accountants Limited 166 Banks Road West Kirby Wirral Merseyside CH48 0RH

THE EMPOWERMENT GROUP

Contents

Reference and Administrative Details 1
Strategic Report 2
Trustees' Report 3 to 4
Independent Examiner's Report 5
Statement of Financial Activities 6
Balance Sheet 7
Notes to the Financial Statements 8 to 14

THE EMPOWERMENT GROUP

Reference and Administrative Details

Chairman

Mr Anthony Brathwaite

Charity Registration Number 1190584 Company Registration Number CE022664

Registered Office The Empowerment Group 86-90 Paul Street London EC2A 4NE Independent Examiner GRC Accountants Limited 166 Banks Road West Kirby Wirral Merseyside CH48 0RH

Page 1

THE EMPOWERMENT GROUP

Strategic Report for the Year Ended 30 June 2025

The trustees, who are directors for the purposes of company law, present their strategic report for the year ended 30 June 2025, in compliance with s414C of the Companies Act 2006.

The strategic report was approved by the trustees of the charity on 27/03/2026 and signed on its behalf by:

......................................... Mr Anthony Brathwaite Chairman and trustee

Page 2

THE EMPOWERMENT GROUP

Trustees' Report

The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended 30 June 2025.

Trustees and officers

The trustees and officers serving during the year and since the year end were as follows:

Trustees: Mr Emmanuel Anthony Miss Abimbola Anyiam Mr Anthony Brathwaite

Chairman: Mr Anthony Brathwaite

Statement of trustees' responsibilities

The trustees (who are also the directors of THE EMPOWERMENT GROUP for the purposes of company law) are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including its income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that can disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Overview: The Empowerment Group is dedicated to providing accessible and culturally sensitive therapy to individuals in need. We strive to create a safe and inclusive space where individuals can receive the support they require. Our team of staff and dedicated therapists are committed to promoting mental well-being and empowering individuals to lead fulfilling lives.

Activities and Impact: Throughout the reporting period, The Empowerment Group has successfully delivered one-to-one online therapy sessions, catering to the specific cultural needs of our clients. We are delighted to see the majority of individuals we have supported, have greatly benefitted from our service in the last 12 months. Our service has supported them in their mental health journey, providing them with the tools and support necessary to overcome personal challenges.

Financial Review: The level of income to expenditure is as a result of using restricted funds. Despite this, The Empowerment Group remains in a strong financial position. Successful fundraising efforts has seen the charity build capacity, invest in training and expand our therapeutic offerings. Our financial reports available separately, provide a comprehensive overview of our financial performance.

Page 3

THE EMPOWERMENT GROUP

Trustees' Report

Governance and Risk Management: We place great emphasis on robust governance and risk management to ensure the effective operation of our charity. Throughout the year, our dedicated board of trustees has provided strategic guidance, oversight, and support. We have implemented risk management processes to identify and mitigate potential risks and challenges, ensuring the sustainability of our operations.

Future Plans and Objectives: Looking ahead, The Empowerment Group aims to build on its success and further expand its reach and impact. We plan to continue strengthening our partnerships, both within the mental health sector and the wider community. Our focus remains on improving accessibility to culturally appropriate therapy services and supporting more individuals in their mental health journey.

Conclusion: In conclusion, The Empowerment Group has had an impactful year, providing culturally appropriate therapy to hundreds of adults in the UK. Our growth, strategic partnerships, and growing notability continue to enable us to make a significant difference in the lives of those we serve. We are immensely grateful for the support of our dedicated team, donors, and funders who have contributed to our success. Together, we will continue to empower individuals and promote mental well-being.

It is the policy of the charity to hold in reserve £15,000. The level of reserves is reviewed annually.

The annual report was approved by the trustees of the charity on 27/03/2026 and signed on its behalf by:

......................................... Mr Anthony Brathwaite Chairman and trustee

Page 4

THE EMPOIVERMENT GROUP Independent Examiner's Report to the trustees of THE EMPOWERMENT GROUP ('the Company,) J report lo the charity twiee5 on my ¢xamiMtion of th¢ accounts of ihe Company f(kT the ycpr ended 30 June 2025. R¢sponslblllde5 gnd bA5ts of r¢port As the charity's Irust¢rs of thc Company land also its dir¢ctors for Ihe purposes of company lawl yuu are responsiblr fL)r the prcpatalion of Ihc accounts in E¢conlance with the requir¢ments of the Lompanic5 Aci 20061.rhe 2006 Acr'i. lavin8 Salisfied myself that the accounT$ of the Company Arc noi required 10 b¢ audilcd under Part 16 of the 2006 Aci are eligible for independL'nl examin&lion. I repurt in re%p-cl of my ¢xaminuiion of your Charity's I￿oUnt$ as carri¢d out Under s¢ciion 145 of the Chanli¢s Act 2011 I'Tht 2011 Acl'l. In ¢Hrrying out my ¢¥aminllEion I have followed the Ilireciions iv¢n by the Charity Cttmmi$5ion und¢r s¢¢tion 145ISllbl of th¢ 2011 Act. IndtpeDdtni cxamlDef'A 114ttment I have completed my L'xaminalion. l Confirm no rnHtters h4v¢ come lo my all¢ntion in ¢om)ection with th¢ ¢xamin41ion Biving me cause 10 bclteve.. aceouniin8 records were noi kept in res￿¢1 of TH8 EMPOWLRMENT GROUP &% rcquired by secilon 386 of the 2006 Act., or 2. the a¢couftts do ttol accord with those reroTds' or th¢ accounts do not comply ￿th Ib¢ A¢¢ounlin8 reqwremcnts of s¢¢tion 396 of rh¢ 2006 A¢1 oiher iknn hny requiremenl Ihai ihe Bc¢ouni$ 8ive a 'iru¢ Bnd fair vi¢w' which is not a matter ¢onsider¢d as par¢ of an indcpend¢nt examinaiion. or 4. the accounts have nor been prep4red in occordts￿C wilh Ihe methoth and principles ofihe Statement of ReeDmmende4 PrArlice lor accouniinu and rtportiny by ch&riiics lapplicabl¢ to LhArities prL'P4rinbY th¢ir accvunl8 in ¥cordan¢4 wilh the Finunciul R¢portin8 Siandttrd applicabl¢ in the UK ond Republic of Irclund IbR5 10211. I h&v¢ no wneerns and have corne aCT0%5 nD nlher Mwile￿ in conncclian with Ihc exominalion lo which aiieniion 8hould be dr&wi in this report in urder lo enublc tt prop¢r undcrstondinu of Ihc a£¢oun15 to be rell¢h¢d. Garelh Cotsper ACCA 166 Banks Road We%1 Kirby Wirral Mers¢yside CH48 ORH Dale". a//o4/{J24 Page 5

THE EMPOWERMENT GROUP

Statement of Financial Activities for the Year Ended 30 June 2025 (Including Income and Expenditure Account and Statement of Total Recognised Gains and Losses)

Note
Income and Endowments from:
Donations and legacies
3
Other trading activities
4
Total income
Expenditure on:
Charitable activities
5
Other expenditure
6
Total expenditure
Net expenditure
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
14
Note
Income and Endowments from:
Donations and legacies
3
Other trading activities
4
Total income
Expenditure on:
Raising funds
Charitable activities
5
Other expenditure
6
Total expenditure
Net income/(expenditure)
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
14		 Unrestricted
funds
£
10,372
6,627
16,999
(19,576)
(4,689)
(24,265)
(7,266)
(7,266)
77,090
69,824
Unrestricted
funds
£
2,571
35,705
38,276
(1,482)
(19,151)
(2,211)
(22,844)
15,432
15,432
61,658
77,090		 Restricted
funds
£
68,972
-
68,972
(127,748)
-
(127,748)
(58,776)
(58,776)
101,548
42,772
Restricted
funds
£
104,933
-
104,933
-
(117,249)
-
(117,249)
(12,316)
(12,316)
113,864
101,548		 Total
2025
£
79,344
6,627
85,971
(147,324)
(4,689)
(152,013)
(66,042)
(66,042)
178,638
112,596
Total
2024
£
107,504
35,705
143,209
(1,482)
(136,400)
(2,211)
(140,093)
3,116
3,116
175,522
178,638

All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for 2024 is shown in note 14.

The notes on pages 8 to 14 form an integral part of these financial statements. Page 6

THE EMPOWERMENT GROUP

(Registration number: CE022664) Balance Sheet as at 30 June 2025

Note
Current assets
Debtors
11
Cash at bank and in hand
12
Creditors: Amounts falling due within one year
13
Net assets
Funds of the charity:
Restricted income funds
Restricted funds
14
Unrestricted income funds
Unrestricted funds
Total funds
14		 2025
£
-
113,796
113,796
(1,200)
112,596
42,772
69,824
112,596		 2024
£
3,300
175,818
179,118
(480)
178,638
101,548
77,090
178,638

For the financial year ending 30 June 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements on pages 6 to 14 were approved by the trustees, and authorised for issue on 27/03/2026 and signed on their behalf by:

......................................... Mr Anthony Brathwaite Chairman and trustee

The notes on pages 8 to 14 form an integral part of these financial statements. Page 7

THE EMPOWERMENT GROUP

Notes to the Financial Statements for the Year Ended 30 June 2025

1 Charity status

The charity is limited by guarantee, incorporated in , and consequently does not have share capital. Each of the trustees is liable to contribute an amount not exceeding £Nil towards the assets of the charity in the event of liquidation.

The address of its registered office is: The Empowerment Group 86-90 Paul Street London EC2A 4NE

2 Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Basis of preparation

THE EMPOWERMENT GROUP meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.

Going concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charity.

Exemption from preparing a cash flow statement

The charity opted to early adopt Bulletin 1 published on 2 February 2016 and have therefore not included a cash flow statement in these financial statements.

Income and endowments

All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably.

Donations and legacies

Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period.

Page 8

THE EMPOWERMENT GROUP

Notes to the Financial Statements for the Year Ended 30 June 2025

Grants receivable

Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.

Raising funds

These are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activities that raise funds.

Charitable activities

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Support costs

Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage.

Governance costs

These include the costs attributable to the charity’s compliance with constitutional and statutory requirements, including audit, strategic management and trustees meetings and reimbursed expenses.

Taxation

The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Page 9

THE EMPOWERMENT GROUP

Notes to the Financial Statements for the Year Ended 30 June 2025

Fund structure

Unrestricted income funds are general funds that are available for use at the trustees discretion in furtherance of the objectives of the charity.

Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.

Financial instruments

Classification

Financial assets and financial liabilities are recognised when the charity becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the charity after deducting all of its liabilities.

Recognition and measurement

All financial assets and liabilities are initially measured at transaction price (including transaction costs), except for those financial assets classified as at fair value through profit or loss, which are initially measured at fair value (which is normally the transaction price excluding transaction costs), unless the arrangement constitutes a financing transaction. If an arrangement constitutes a financing transaction, the financial asset or financial liability is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Financial assets and liabilities are only offset in the statement of financial position when, and only when there exists a legally enforceable right to set off the recognised amounts and the charity intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Financial assets are derecognised when and only when a) the contractual rights to the cash flows from the financial asset expire or are settled, b) the charity transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or c) the charity, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Financial liabilities are derecognised only when the obligation specified in the contract is discharged, cancelled or expires.

Investments

Investments in non-convertible preference shares and non-puttable ordinary or preference shares (where shares are publicly traded or their fair value is reliably measurable) are measured at fair value through profit or loss. Where fair value cannot be measured reliably, investments are measured at cost less impairment.

Investments in subsidiaries and associates are measured at cost less impairment. For investments in subsidiaries acquired for consideration including the issue of shares qualifying for merger relief, cost is measured by reference to the nominal value of the shares issued plus fair value of other consideration. Any premium is ignored.

Derivative financial instruments

The charity uses derivative financial instruments to reduce exposure to foreign exchange risk and interest rate movements. The charity does not hold or issue derivative financial instruments for speculative purposes.

Derivatives are initially recognised at fair value at the date a derivative contract is entered into and are subsequently remeasured to their fair value at each reporting date. The resulting gain or loss is recognised in statement of financial activities immediately unless the derivative is designated and effective as a hedging instrument, in which event the timing of the recognition in statement of financial activities depends on the nature of the hedge relationship.

Page 10

THE EMPOWERMENT GROUP

Notes to the Financial Statements for the Year Ended 30 June 2025

3 Income from donations and legacies

Donations and legacies;
Donations from individuals
Gift aid reclaimed
Grants, including capital grants;
Grants from other charities
Total for 2025
Total for 2024		 Unrestricted
funds
General
£
8,954
1,418
-
10,372
2,571		 Restricted
funds
£
-
-
68,972
68,972
104,933		 Total
funds
£
8,954
1,418
68,972
79,344
107,504

4 Income from other trading activities

Events income;
Other events income
Total for 2025
Total for 2024
5
Expenditure on charitable activities
Counselling
Consulting
Total for 2025
Total for 2024		 Unrestricted
funds
General
£
17,085
1,700
18,785
18,225		 Unrestricted
funds
General
£
6,627
6,627
35,705
Restricted
funds
£
72,835
54,913
127,748
117,249		 Total
funds
£
6,627
6,627
35,705
Total
funds
£
89,920
56,613
146,533
135,474
Total
expenditure
£

In addition to the expenditure analysed above, there are also governance costs of £791 (2024 - £926) which relate directly to charitable activities. See note 7 for further details.

Page 11

THE EMPOWERMENT GROUP

Notes to the Financial Statements for the Year Ended 30 June 2025

6 Other expenditure

Note
Allocated support costs
7
Total for 2025
Total for 2024		 Unrestricted
funds
General
£
4,689
4,689
2,211		 Total
funds
£
4,689
4,689
2,211

7 Analysis of governance and support costs

Support costs allocated to charitable activities

Basis of allocation
Advertising
Travelling
Computer software and maintenance costs
Subscriptions
Printing, postage and stationery
Rent
Repairs
Staff training
Telephone & internet
Total for 2025
Total for 2024		 Administration
costs
£
775
471
1,570
589
39
1,080
60
100
5
4,689
2,211		 Total
funds
£
775
471
1,570
589
39
1,080
60
100
5
4,689
2,211

Governance costs

Independent examiner fees
Examination of the financial statements
Other governance costs
Total for 2025
Total for 2024		 Unrestricted
funds
General
£
720
71
791
926		 Total
funds
£
720
71
791
926

Page 12

THE EMPOWERMENT GROUP

Notes to the Financial Statements for the Year Ended 30 June 2025

8 Trustees remuneration and expenses

No trustees, nor any persons connected with them, have received any remuneration from the charity during the year. No trustees have received any reimbursed expenses or any other benefits from the charity during the year.

9 Independent examiner's remuneration

Examination of the financial statements

2025 2024
£ £
720 480

10 Taxation

The charity is a registered charity and is therefore exempt from taxation.

11 Debtors

11 Debtors
Prepayments
12 Cash and cash equivalents
Cash at bank
13 Creditors: amounts falling due within one year
Accruals
14 Funds
Balance at 1
July 2024
£
Unrestricted funds
General
Unrestricted
77,090
Restricted funds
Restricted fund
101,548
Total funds
178,638		 Incoming
resources
£
16,999
68,972
85,971		 2025
£
-
2025
£
113,796
2025
£
1,200
Resources
expended
£
(24,265)
(127,748)
(152,013)		 2024
£
3,300
2024
£
175,818
2024
£
480
Balance at 30
June 2025
£
69,824
42,772
112,596

Page 13

THE EMPOWERMENT GROUP

Notes to the Financial Statements for the Year Ended 30 June 2025

Unrestricted funds
General
Unrestricted
Restricted
Restricted fund
Total funds
15 Analysis of net assets between funds
Current assets
Current liabilities
Total net assets
Current assets
Current liabilities
Total net assets		 Balance at 1
July 2023
£
61,658
113,864
175,522		 Incoming
resources
£
38,276
104,933
143,209		 Resources
expended
£
(22,844)
(117,249)
(140,093)
Unrestricted
funds
General
£
113,796
(1,200)
112,596
Unrestricted
funds
General
£
179,118
(480)
178,638		 Balance at 30
June 2024
£
77,090
101,548
178,638
Total funds at
30 June
2025
£
113,796
(1,200)
112,596
Total funds at
30 June
2024
£
179,118
(480)
178,638

Page 14