CHARITY REGISTRATION NUMBER.. 1194810 Being You Therapy Charitable Incorporated Organisation Unaudited Financial Statements 30 June 2023 WALTER HUNTER & CO LIMITED Chartered accountants 24 Bridge Street Newport South Wales NP20 4SF
Being You Therapy Charitable Incorporated Organisation Financial Statements Year ended 30 June 2023 Page Trustees. annual report Independent examiner's report to the trustees Statament of financial activities Statement of financial position Notes to thè financial statements
Being You Therapy Charitable Incorporated Organisation Trustees, Annual Report Year ended 30 June 2023 The trustees present their report and th¢ unaudited financial statem&nts of the charity for the year ended 30 June 2023. Reference and admlnlstrative details Registered ¢h8rlty name Being You Therapy Charitable Incorporated Organisalion Charity regl$lratlon number 1194810 Principal offi¢e 6 8eaconsfield Court Prln¢es Avenue Walsall WS12EE The trusteos N Philpotl- Chair L S Barthley R Lemonius A Mathuba J Phibpott Independent examiner Jonathan Rhodes Bsc BFP FCA 24 Bridge Street Newport South Wales NP20 4SF Structure. govgrnance and managemont The charity is controlled by its governing document. Memorandum and Articles of Associatlon, and onslitutes a charitable incorporated organisation.
Being You Therapy Charitable Incorporated Organisation Trustees. Annual Report (¢ontlnuedJ Year ended 30 June 2023 Objgctives and activities By providing opportunities, therapy, financial aid, resources and signposting, we aim to provide a holistic platform for those who need therapeutic support. Th& obj8Ct of the CIO is for the publi¢ b8nefrt lo relieve the needs of people experièncing or affected by poor mental h&alth by.. 1. Providing grants of financial assistance to enable those who find themselves with m8ntal health issues with funding for counselling andlor therapy. 2. Providing our service users with the best quality of psychotherapy at little to no cost. 3. Signposllng to self-help r&sources. 4. To relieve the needs of people with mental ill health by working lo increase the understanding of mental health and menlal health conditions, providing information, delivering trainin9, raising awareness and challenging stigma and discrimination. S. To work with the voluntary and communily sector, statutory sorvices, mental health allied pra¢titioners and businesses to benefit residents, mental health and wellbeing. 6. To advance èducation on the Causes, cOnsequens, management and prevention of mental ill health. Our Values Value.. We believe in the fundam8ntal worth of all humans, irrespective of age, gender, race. ethnic origin, religion, sexual orientation, physical and Fnental capability or any other attribute. Without exc&ption, we value every individual. Inclusivity.. We eonsider diversity and incluslvity significant and seek lo embrace, include, and operate alongside individuals from all walks of lrfe. Whether part of our team or an individual we're supporting. we appreciate their contribution lo our community. Transformation.. We recognise the potential for learning, growth and the concept of a new beginning. We want to provide a space whereby individuals can realise Iheir full potential. ms & slrategic objectives We aim will provide therapeutlc support by.. Increasing the accessibility of therapeuli¢ support, Offsetting the financial costs ol therapy, Creating and signposting to available se1f-help resources. Signposting to available counselling and therapy servus. Strategic objectives To achieve our aims. we'll engage in the following strategic objectives. Fundraising. We'll fundraise through several avenues the necessary funds that can be used to increase the a¢¢essibilty of therapy for thosè in need. These include.. Grants.. We'll apply for assistance from the central or local govemment. The National Lottery Community Fund, and other charities and private organisations. Commarcial sponsors.. We'll partn&r with local businesses who share our vision and aims and will seèk ways in which both parti&s can work together. Therapeutic partnerships. We'll partner with various Iherapeuti¢ organisations to build a holistic service Ilst of public and private organisations. These organisalions will need to share our values. Robust digital presence. We'll develop a ¢omprehensive digital company io effectively signpost and resource individuals with Ihe tools to empower their mental wellbeing.
Being You Therapy Charitable Incorporated Organisation Trustees. Annual Report (contlnuédj Year ended 30 June 2023 Achlov&ments and performan¢• This New year has broughl us new challenges and allowed us lo help more people. During this period, we have been able lo support individuals with on8-tO-one counsellinglpsy¢hotherapy support who have shown signs of improvement in their mental health by 98.9'/0. The demand is great in the Wesl Midlands area. especially In Walsall., many individuals need mental health support and can t simply access therapy because of financial pressures and waiting list issues. The shortestwaiting list In the wesl midlands area is still long, with the shortest being nine months. CAMHS has seen their highest number of referrals at 3,487 young people per week. The NHS are under tremendous pressure regarding supply support for people's mental health and al an excellent qLJality where each patient is seen as an individual. not just a number. has offered clients sessions within seven working days across all the services. BYT are worklng hard in partnership with other services in Walsall and the Wgst Mid5ands lo provide mental health support to those most need it. Individuals that have benefited from our services.. We believe. frorn our experience and feedback, that our seryices have assisted people at risk of homelessness, those suffering from addiction, those suffering domestic abuse from relatives or guardians. Those affe¢ted by depression, anxiety, PTSD, dgmenlia elc., sin9le parents, students, those with acute mental health needs, frontline staff in public eslablishmenls l¢ale's, restaurants, shops. businesses). A range of community professionals and mental health adjacent praclilioners. churches, Local government officials and Law enforcement r)fficers and emergency servlces. We hit our tsrget of being able lo help at least 150 poople in this last period, and we have been able lo help 239 people to date. Financial review The slalement of Financial activities shows an overall nel surplus for the period of £7,631 consisting of an unrestricted surplus of £165 and a reslricled surplus of £7,466.
Being You Therapy Charitable Incorporated Organisation Trustees. Annual Report (contlnue&l) Year ended 30 June 2023 Plans for future perlods 2023-2024, we aim to be able to help a minimum of 300 people IhroLJgh one-lo-one therapy or group. We aim lo continue with our on@-tO&one work, and we will be starting our counselling support groups that cover a range of subjects such as mothers and mind, depression and anxiety, childhood trauma and addiction,. we aim to run a minimum of one 9roup a week al different times lo be abl& lo provide mtsntal health support for those that need in another formal. We also will be starting free drop and chat sessions during the week to give the people additional support durlng the week outside their schoduled sessions. As well as our one-to-one therapy and groups, we are also looking lo join anothèr organisalion to lease some offices based in the local Walsall Arboretum lo have a Iherapeulic environment for Clients and provide walk4nd-talk therapy. We know we cannot help éveryone, so we will be working on providing a neOrk of safe spaces throughout the Walsall where people will be listened lo and can be signposled to further serviceslsupport as required. This is distinct from formal counsellingllherapy and is to be viewed as a helping and listening service. With such long wailing lists for NHS-provided treatments, which are crucially needed by $0 many, this seNice will assist those struggling to wait without help. We also would love to grow our team of theraplsls and bring on part-time and full-lime contracted therapists who can kèep up with the demand of thosè who ne8d support and care in Walsall and the West Midlands region. R•sponsibilitie$ of trustees Statement of Truste¢s r&sponsiblliti•s The Charities Act 2011 requires the trusteès to prepare financial statements for each financial year which give a true and fair view of the stale of affairs of the Charity and of the incoming reSoUS and application of resources of the charity for that period. In preparing these financial statements. the trustees are required to.. select suitable accounting policies and apply them consistently., observe the methods and principles in the Charities SORP 2005., make judgments and accounting estimates that are reasonable and prudent., slal& whether applicable accounting standards have been followed. subject to any material departures disclosed and explained in the financial slalemtrnts., and prepare the financial slatemenls on the going concern basis unless it is inappropriate to do so. The trustees are responsible for keeping sufficignt accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them lo ensure that the financial slalements comply wlth the Charities Act 2011. They are also responsible lor safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are also responsible for the maintenance and integrity of the charty and rinancial information included on the charity's website. The trustees, annual report was approved on trustees by.. and signed on behalf of the board of 26 Sep 2023 N Philpott- Chair Trust99
Being You Therapy Charitable Incorporated Organisation Independent Examiner's Report to the Trustees of Being You Therapy Charitable Incorporated Organisation Year ended 30 June 2023 I report to the Iruslees on my examination of the financial statements of Being You Thorapy Charitsble Incorporated Organisation I'lhe charity'l for the year ended 30 June 2023. Responslbllltles and basls of report As the trustees of the charity. you are responsible for the preparation of the financial ststemenls in accordance with the requirements of the Charities Act 2011 I'lhe Act'l. I report in respect of my examination of the charity's financial statements 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{5llbl of the Act. Independent examln¢rfs statemont I have completed my examination. l ¢onfimi that no material matters have come lo my attention in connection with the examination giving me cause to believe that in any material respect.. accounting records wer8 not kept in respect of the charity as required by section 130 of Ihg Act., or the financial stat&ments do not aOrd with those records., or the financial statements do not comply with the applicable requ1mentS con¢ernin9 the form and content of accounts sel out in the Charities IAccounls and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fairf view which is not a matter Considered as part of an independent examination. I h8ve no concerns and have come across no olhsr matters in connection wllh the examlnation to which attention should be drawn in Ihis report in order lo enable a proper understanding of the accounts to be reached. Jonathan Rhodes BS¢ BFP FCA Independent Examiner 24 Bridge Street NgWPOrt South Wales NP20 4SF LL s, ItJL]
Being You Therapy Charitable Incorporated Organisation Statement of Financial Activities Year ended 30 June 2023 Period from 16 Jun 21 to 30 Jun 22 Year to 30 Jun 23 Unrestricted Restricted funds funds Total fundy Total funds Income and endowments Donations and legacies Total income 36 34.930 34,966 10,165 36 34,930 34,966 10,165 Expenditure Expenditure on charitable activities Total expendlture 41,564 41,564 2,534 41,564 41,564 2,534 Net {gxpenditurelllncome and net movement In funds 16.6341 16,5981 7,631 Re¢on¢lllation of funds Tot81 funds brought forward Total funds carried forward 165 7,466 7,631 201 832 1.033 7.631 The statement of financial activities includes all gain5 and losses recognised in the year. l income and expenditure derive from conlinuing activities. Th• not¢$ on pag0s 9 to IS fomi part of those financial statements.
Being You Therapy Charitable Incorporated Organisation Statement of Flnancial Position 30 June 2023 2023 2022 Note Fixed assets Tangible fixed assets 11 567 Current assets Debtors Cash at bank and in hand 12 60 1,889 10,165 1,949 10,165 Creditors: amounts falllng due within one year Net current assets 13 1,483 2.534 466 7,631 Total assets less current Ilabllltles 1,033 1,033 7,631 7,631 Net assets Funds of the charity Restricted funds Unrestricted funds 832 201 7,466 165 Total charity funds 14 1,033 7,631 These financial stalemenls were approved by the board of trustees and authorised for issue on and are signed on behalf of the board by.. 26 Sep 2023 N Philpott- Chair Trustee Th• not9$ on pag•s 9 10 15 form part of these financl¥l statemènts.
Being You Therapy Charitable Incorporated Organisation Notes to the Financial Statements Year ended 30 June 2023 General infomation The charity is a public benefit entity a registered charity in England and Wales and is a charitable incorporated organisation. The address of the principal office is 6 Beaconsfield Court, Princes Avenue, Walsall, WS1 2EE. Statement of eompliance These financial ststemenls have been prepared in compllance with FRS 102, Th8 Financial Reporting Standard applicable in the UK and the Ropublic of Ir&land', the Statement of Recommended Practice applicable lo charili&s preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (Charities SORP IFRS 102)) and the Charities Act 2011. Accountln9 policles Ba51$ of preparation The financial statements have been prepared on a going concem basis and on an accruals basis. The financia1 ststements are prepared in sterling, which is the functional currency of the entity. The figures in the accounts are rounded to the nearest whole pound. Golng Concern The community interest organisalion is entirely dependent on continuing donations and grant aid and as 8 consequonce the going concern basis is also dopendenl on continuing donations and grant aid. Diselosure ex¢mptions The entity satisfies the criteria of being a qualifying errtity as defined In FRS 102, as such, advantage has been taken of the following disclosure exemption available under paragraph 1.12 of FRS 102.. lal No cash flow statement has been presented for the company. Judgements and key sources of estimatlon uncertalnty The preparation of the financial statements requires management lo make judgemènts, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually rev1ewed and arè based on axperien¢È and other factors, including expectations of future events that are believed to be reasonable under the clrcumstances. Income tax As a charity, Being You Therapy Is exempt from tax on income and gains. to the extent that such income and gains are applied exclusively lo charitable purposes. No tsx charges havg arisen in the charity.
Being You Therapy Charitable Incorporated Organisation Notes to the Financial Statements (contlnu Year ended 30 June 2023 Account5ng poll¢les (contrnu8dl Fund accounting Unreslricled funds are available for use at the discretion of the trustees lo further any of the charity's purposes. Restricted funds are subjected to reslricdons on thèir expenditure declared by the donor OT through the terms of an appeal. Incomlng resour¢•$ All income is included in the slalemenl of financial activities when entillemenl has passed lo the charity, it is probable that the economic benefits assoclaled with the Iransaction will flow to the charily and the amount can be liablY measured. Income from donations or grants is recognised when there is evidence of entitlement lo the gift, receipt is probable and ils amount can be measured reliably. Rosour¢•s expended Expenditure is recognised on an accruals basis. Expenditure includes any VAT which Cannot be fully recovered. and is Classified under headings of the statement of financi818¢tivities lo which it relates: expenditure on raising funds inc5udes the costs of all fundraising activities, events, non-ch8ritable trading activities, and the sale of donated goods. expenditure on charrfcable aclivitles includes all cosls incurred by a charity in undertaking activities that further Its charitablè aims for the benef1t of its beneficiaries. including those support costs and costs relating to the governance of the charity apportioned to charitable activities. Tangibl& assets Tangible assets are initially recorded at cost, and subsequently stated al ¢ost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any sub5equenl accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrylng amount of an asset as a result of a revaluation, is recognised in other recognised gains and Iosses, unless il reverses a charge for impairmenl that has previously been recognised as expenditure within the ststement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation. is recognised in other recognised gains and losses. except to which it offsets any provious revaluation gain, in which case the loss is shown within other recnISed gains and losses on the statement of financial activities. Dapreciation Depreciation is calculated so as lo writè off the cost or valuation of an asset, less rts residual value, over the useful eGonomic life of that asset as follows.. Equipment 50Q/o straight line 10
Being You Therapy Charltable Incorporated Organisatlon Notes to the Financial Statements (¢ontlnu8dl Year ended 30 June 2023 Accounting policie5 Iconllnued) Impairment of tixed a5setS A review for indicators of impairment is Carried out at each reporting dale, with the recovèrable amount being eslimaled where such indicators exist. Where the carrying value exceeds the recovepblè amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purpos8s of impairment testing. when il is not possible to estimate the recoverable amount of an indlvidual asset, an estimate is made of the recoverable amount of the cash%eneraling unit lo which the asset belongs. The cash-generaling unit is the small&sl identifiable group of assets that includes the asset and generates cash inflows that largely independent of the ¢ash inflows from other assets or groups of assets. For impaimient testing of goodwill, the goodwill acquired in a business combination is, from the acquisilion date, allocated to oa¢h of the cash-generating units that are expectèd to benefit from the synergies of the combination. irrespective of whether other assets or liabilities of the charlty are assigned lo those units. Financial in$trumènts A financial asset or a financial liability is recognised only when the entity becomes a paty to the Contractual provisions of the instrument. Basic financial inslrurnents are initially recognised at the amount receivable or paable including any r8lat8d transaction costs, unless the arrangement constitutes a financing transaction, where it IS Tecognised at the present value ol the future payments discounted at a market rate of interest for a similar debt Instnjment. Current assets and current liabilities are subsequèntly measured at the cash or other consideratlon expected to be paid or roceived and not discounted. Donations and legacies Unrestricted Funds Reslricled Total Funds Funds 2023 Donations Donations 36 Grants The Nationa1 Lottgry Community Fund Eveson Trust Postcode Lollery 10,000 24,93Ql 10,000 24,930 36 34,930 34,966 Unrestricted Funds Restricted Total Funds Funds 2022 Donations Donations 165 165 11
Being You Therapy Charitable Incorporated Organisation Notes to the Financial Statements (conUnu8LIJ Year ended 30 June 2023 Donatlon$ and legacles f¢ontlnued) Unrestricted Funds Reslricled Total Funds Funds 2022 Grants The National Lottery Communty Fund Eveson Trust Postcode Lottery 10.000 10,000 165 10.000 10,165 Expenditure on charitable activiti•$ by fund type Restricted Total Funds Funds 2023 Restri¢lèd Total Funds Funds 2022 The National Lottery Community Fund Eveson Trust Postcode Lollery Olher restricted funds Support costs 5.785 8,870 6,087 18,225 2,597 5,785 8.870 6,087 18,225 2,597 2,534 2,534 41,564 41,564 2.534 2.534 Expenditure on charltable activitlès by activity typè Activities undertaken directly Support costs Total funds 2023 Total fund 2022 The National Lottery Community Fund Eveson Trust Postcode Lottery Other restricted funds 5,785 8.870 6,087 18,225 5,785 8,870 8,684 18,225 2.534 2,597 38,967 2,597 41.564 2.534 Analysis of support costs Depreciation Total 2023 Total 2022 General office Professional & legal costs Promotion Depreciation 356 114 1,560 567 356 114 1,560 567 2.597 2,S97 12
Being You Therapy Charitable Incorporated Organisation Notes to the Financial Statements (contlnuedj Year ended 30 June 2023 Net {expenditure}lincome Net lexpenditurellincome is staled after Chargingllcredilingl: 2023 2022 Depreciation of tanglble fixed assets 567 Indapendent examinatlon fees Period from Yearto 16Jun 2110 30 Jun 23 30 Jun 22 Fees payaL)le to Ihg independent examiner for.. Independent examination of the financial ststements 763 720 10. Trustee r¢muneration and 8xp8nses No remuneration or other benefits from employment with the Gharity or a related entity were received by the trustees. During the year no trustee expenses have been incurred. 11. Tangiblè flxed a55¥ts Equlpment cost At 1 July 2022 Additions 1.134 At 30 Juno 2023 1,134 Depreciatlon At 1 July 2022 Charge for thè year At 30 June 2023 567 567 Carrying amount At 30 June 2023 567 At 30 June 2022 12. 08btors 2023 2022 Prepayrllents and accrued income 60 10,165 13
Being You Therapy Charitable Incorporated Organisation Notes to the Financial Statements (¢ontlnuo¢11 Year ended 30 June 2023 13. Crgditors.. amounts falling due within one year 2023 2022 Accruals and deferd income 1,483 2,534 14. Analysis of ¢harltable funds Unr•$tricted funds At Income Expenditur8 30 June 2023 4t 1 July 2022 General funds 165 36 201 At 16June 2021 At Income Expgndilure 30 June 2022 General funds 165 165 Restricted funds At Income Expenditure 30 Junè 2023 411 July 2022 Restricted funds 7,466 34,930 {41,5641 832 At 16 June 2021 Al Income Expenditure 30 June 2022 Reslrlcted funds 10,000 12,5341 7,466 15. Analysis of n•t assets btrtsvèen fund$ Unrestricted Funds Rostricled Totsl Funds Funds 2023 Tangible fixed assets Current assets 567 265 567 466 201 Net as$0ts 201 832 1,033 Unreslricled Funds Restricted Total Funds Funds 2022 Tangible fixed assets Current assets 165 7,466 7,631 Not assets 165 7,466 7,631 14
Being You Therapy Charitable Incorporated Organisation Notes to the Financial Statements (conunued) Year ended 30 June 2023 16. Related parties During the peri¢yJ the Chair of the Charity was also the Practice Director of Ihg organisalion known as Restoration Therapy. During tha pèriod thè Charity received eounselling services from Restoration Therapy, the transactions where at amis length. no balance was owed lo orfrom the charity as at 30 June 2023. 15