CHARITY REGISTRATION NUMBER: 1194810 Being You Therapy Charitable Incorporated Organisation Unaudited Financial Statements 30 June 2024 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 2024 Page Trustees, annual report Independent examiner's report to the trustees statement of financial activities Statement of financial position Notes to the financial statements
Being You Therapy Charitable Incorporated Organisation Trustees. Annual Report Year ended 30 June 2024 The trustees present their report and the unaudited financial stslemenls of the charity for the year ended 30 June 2024. Reference and administrative details Registered charity name Being You Therapy Charitable Incorporated Organisalion Charity registration number 1194810 Principal office 6 Beaconsfield Court Princes Avenue Walsall WS1 2EE The trustees N Philpott- Chair L S Barthley R Lemonius A Mathuba J Philpott Independent examlner Jonathan Rhodes Bsc BFP FCA 24 Bridge Street Newport South Wales NP20 4SF Structure. governance and management The charity is controlled by ils governing document, Memorandum and Articles of Association, and conslitules a charitable incorporated organisation.
Being You Therapy Charitable Incorporated Organisation Trustees. Annual Report (conllnuedj Year ended 30 June 2024 Objectives and activities By providing opportunities, therapy, financial aid, resources and signposting, we aim lo provide a holists'c platform for those who need therapeutic support. The object of the CIO is for the public benefit to relieve the needs of people experiencing or affected by poor mental health by.. Providing grants of financial assistance lo enable those who find themselves with mental health issues with funding for counselling andlor therapy. 2. Providing our service users with the best quality of psychotherapy al little to no cost. 3. Signposting to self-help resources. 4. To relieve the needs of people with mental ill health by working lo increase the understanding of mental health and mental health conditions, providing information, delivering training, raising awareness and challenging stigma and discrimination. 5. To work with the voluntary and community sector, slatulory services, mental health allied praclilioners and businesses lo benefit residents, mental health and wellbeing. 6. To advance education on the causes, consequences, management and prevention of mental Our Values Value.. We believe in the fundamental worth of all humans, irrespective of age, gender, ra, ethnic origin, religion, sexual orientation, physical and mental capability or any other attribute. Wilhoul exception, we value every individual. Inclusivity.. We consider diversity and inclusivity significant and seek to embrace, inclLJde, and operate alongside individuals from all walks of life. Whether part of our team or an individual we're supporting, we appreciate their contribution to our community. Transformation." We recognise the potential for learning, growth and the concept of a new beginning. We want lo provide a space whereby individuals can realise their full polenlial. Alms & strateglc objectlves We aim will provide therapeutic support by.. Increasing the accessibility of therapeutic support, Offsetting the financial costs of therapy, Creating and signposting lo available self-help resources, Signposting lo available counselling and therapy services. 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 lo increase the a¢ssibIlitY of therapy for those in need. These include.. Grants.. We'll apply for assistan from the central or local government, The National Lottery Community Fund, and other charities and private organisalions. Commercial sponsors.. We'll partner with local businesses who share our vision and aims and will seek ways in which both parties can work together. Therapeutic partnerships. Vve'll partner with various therapeutic organisations lo build a holistic service list of public and private organisalions. These organisalions will need lo share our values. Robust digitsl presen. We'll develop a comprehensive digital company to effectively signpost and resource individuals with the tools to empower their mental wellbeing.
Being You Therapy Charitable Incorporated Organisation Trustees. Annual Report (conllnuedj Year ended 30 June 2024 Achievements and performance Introduction 2024 has been a transformative year for Being You Therapy, marked by growth, investment, and the delivery of impacttul mental health services across the West Midlands. As a community-focused organisation, we are proud of our commitment to supporting Individuals facing challenges such as homelessness, addiction, and systemic barriers to care. This report highlights our key achievements and the difference we have made in people's lives. Investment in Homelessness and Addiction Counselling Support: This year, we allocated £8,300 Specifical towards counselling for individuals experiencing homelessness and addiction. These populations often find themselves trapped in cycles of hardship due to a lack of adequate support systems. Many organisations are unwilling to work with individuals struggling with addiction. focusing on the addiction itself rather than the person behind it. Homeless individuals frequently face barriers such as stigma, distrust, and the inability to meet the rigid expectations often imposed by traditional services. For example, some services require individuals lo be sober or housed before receiving help, leaving those in the most crib'cal need without a lifeline. These challenges perpetuate a cycle in which people are unable to access the support they require to break free from their circumstances. Al Being You Therapy, we have adopted a person-centred approach, meeting individuals where they are, both literally and metsphorically. Rather than expecting clients to fit into a rigid framework, we tailor our services to their unique situations, offering non-judgementsl support that acknowledges the complex interplay between homelessness, addiction, and mental health. We have also established partnerships with local organisalions and support neorkS that complement our services. These collaborations allow individuals in our addiction counselling programme lo receive comprehensive, wrap-around support. This includes acSS to housing services, vocational training, health and wellbeing programmes, and peer support groups. By working together, we ensure that clients receive a holistic approach lo their recovery, addressing not only their mental health bul also the wider factors impacting their lives. Through this integrated support system, nine clients from our programme achieved the remarkable milestone of securing employmenl-a testament to their resilience and the transformative impact of person-focused care. Employment not onty provides financial stability but also inslils a sense of purpose, self-worth, and hope for a brighter future. By addressing the root causes of their challenges and working collaboratively to create achievable goals, we are helping individuals break free from systemic barriers and move forward with dignity and empowerment.
Being You Therapy Charitable Incorporated Organisation Trustees. Annual Report (conllnuedj Year ended 30 June 2024 Delivery of 1.002 Counselling Sessions in the West Midlands We are proud to have delivered 1,102 counselling sessions over the past year to individuals across the Wesl Midlands. One of our stsndout achievements has been our ability to provide therapy sessions within IMO weeks of referral, addressing the critical need for prompt acSS to care. By priorilising accessibility and efficiency, we have ensured that individuals in crisis can receive the support they need wilhoul prolonged wailing periods. This swift response has been particularly beneficial for vulnerable groups, enabling them to begin their healing journeys sooner. Supporting Vulnerable Populations Our partnership with the local council's rough sleepers team has been instrumental in reaching homeless young people. By integrating mental health services into this framework, we provided vital support to individuals often overlooked in traditional care models. Through our addiction counselling programme, we have helped clients overcome substance dependency, rebuild relationships, and regain independence. The success stories of our clients, particularly those who have transitioned into stable employment, demonstrate the transformative impact of our services. A Year of Positive Outcomes Through our dedicated efforts, we have touched the lives of countless individuals, providing them with tools lo overcome adversity and build brighter futures. The success of our clients, particularly those transitioning into employment, reflects the profound impact of our services Financial review The statement of Financial activities shows an overall net deficit for the period of £1,217 consisting of an unreslricled surplus of £642 and a reslricled deficit of £1,859. Plans for future periods As we close 2024, we remain steadfast in our mission lo provide accessible, inclusive, and culturally competent mentsl health services. In 2025, we aim lo expand our reach further, secure additional funding for new projects, and continue making a meaningful difference in the communities we serve. Group Therapy and Tailored Programmes 2025 we also want lo launch critical group therapy programmes.. Mum and Mind Group. Supporting BAME mothers who have endured the grief of losing a child, fostering connection and healing. Young People's Mental Health Group.. Offering tailored mental health support to yOLJng individuals, equipping them with tools to navigate life's ehallenges, Both programmes have had a profound impact on participants, with positive feedback reinforcing the value of these targeted initiatives. We are deeply grateful lo our team, partners, and supporters for making this year's achievements possible. Together, we are transforming lives and creating lasting change. We are on a mission al BYT to support everyone mind with healing one mind at a lime.
Being You Therapy Charitable Incorporated Organisation Trustees. Annual Report (conllnuedj Year ended 30 June 2024 Responsibilities of trustees Statement of Trustees responsibilities The Charities Act 2011 requires the trustees lo 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 resources and application of resources of the charity for that period. In preparing these financial stalemenls, the trustees are required to.. To select suitsble accounting policies and apply them consistently., To observe the methods and principles in the Charities SORP 2005., To make judgments and accounting estimates that are reasonable and prudent., To slate whether applicable accounting standards have been followed, subject lo any material departures disclosed and explained in the fi'nancial statements", and To prepare the financial statements on the going concern basis unless it 15 inappropriate to do so. The trustees are responsible for keeping suffi'cient accounting records that disclose with reasonable accuracy at any lime the financial position of the charity and enable them to ensure that the financial ststements comply with the Charities Act 2011. They are also responsible for 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 charity and financial information included on the charity's website. The trustees, annual report was approved on 18 December 2024 and signed on behalf of the board of trustees by.. N Philpott- Chair Trustee
Being You Therapy Charitable Incorporated Organisation Independent Examiner's Report to the Trustees of Being You Therapy Charitable Incorporated Organisation Year ended 30 June 2024 I report to the trustees on my examination of the financial statements of Being You Therapy Charitable Incorporated Organisalion I'the charity'l for the year ended 30 June 2024. Responsibilities and basis of report As the Iruslees of the charity you are responsible for the preparation of the financial statements in accordan with the requirements of the Charities Act 20111'the Act'i. 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 14515llbl of the Act. Indgpendent 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 respect of the charity as required by section 130 of the Act., or the financial statements do not accord with those records", or the financial statements 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 fairf 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 lo which attention should be drawn in this report in order lo enable a proper understsnding of the accounts to be reached. Jonathan Rhodes Bsc BFP FCA Independent Examiner 24 Bridge Street Newport South Wales NP20 4SF 18 DeTrmber 2024
Being You Therapy Charitable Incorporated Organisation Statement of Financial Activities Year ended 30 June 2024 2024 Restricted funds Total funds Total funds 2023 Unrestricted funds Not• Income and endowments Donations and legacies Total incomo 4,981 20,000 24,981 34,966 4,981 20,000 24,981 34,966 Expenditure Expenditure on charitable activities Total expenditure 4,540 4,540 22,691 27,231 27,231 41,564 22,691 41,564 Net expenditure and net movement in funds 441 12,6911 12,2501 16,5981 Reconciliation of funds Total funds brought forward Total funds Carried forward 201 832 1,033 7,631 642 11,8591 11,2171 1,033 The slalement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities. The notes on pages 9 to 15 fomi part of these financial statements.
Being You Therapy Charitable Incorporated Organisation Statement of Financial Position 30 June 2024 2024 2023 Notè Fixed assets Tangible fixed assets 11 269 567 Current assets Debtors Cash at bank and in hand 12 60 1,889 199 199 1,949 Creditors: amounts falling due within one year Net current liabilities 13 1,685 1.483 {1,4861 {1,217} {1,2171 466 Total assets less current liabilities 1,033 Net liabilities 1,033 Funds ofthe charity Restricted funds Unreslricled funds 11,8591 642 832 201 Total charity funds 14 {1,217} 1,033 These financial statements were approved by the board of trustees and authorised for issue on 18 December 2024, and are signed on behalf of the board by". N Philpott- Chair Trustee The notss on pages 9 to 15 fomi part of these financial statements.
Being You Therapy Charitable Incorporated Organisation Notes to the Financial Statements Year ended 30 June 2024 General information The charity is a public benefit entity a registered charity in England and Wales and is a charitable incorporated organisalion. The address of the principal Offi is 6 Beaconsfield Court, Princes Avenue, Walsall, WS12EE. Statement of compliance These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland,, the 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 IFRS 1021 (Charities SORP IFRS 10211 and the Charities Act 2011. Accounting policies Basis of preparation The financial statements have been prepared on a going concern basis and on an accruals basis. The financial statements are prepared in steding, 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 organisation is entirely dependent on continuing donations and grant aid and as a consequence the going concern basis is also dependent on continuing donations and grant aid. Disclosure exemptions The entity satisfies the criteria of being a qualifying entity 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 estimation uncertainty The preparation of the financial statements requires management to make judgements, eslimales and assumptions that affect the amounts reported. These estimates and judgements are Continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Income tax As a charity, Being You Therapy is exempl from lax on income and gains, to the extent that such income and gains are applied exclusively lo charitable purposes. No lax Charges have arisen in the charity-
Being You Therapy Charitable Incorporated Organisation Notes to the Financial Statements (¢onllt)ue Year ended 30 June 2024 Accounting policies {conllnu8d) Fund accounting Unreslricled funds are available for use al the discretion of the trustees to further any of the charity's purposes. Restricted funds are subjected to reslriclions on their expenditure declared by the donor or through the terms of an appeal. Incoming resources All income is included in the statement of financial activities when enlillemenl has passed to the charity, It is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. Income from donations or grants Is recognised when there is evidence of entillemenl to the gift, receipt is probable and its amount can be measured reliably. Resources expended ExpenditLJre is recognised on an accruals basis. Expenditure includes any VAT which cannot be fully recovered, and is classified under headings of the statement of financial activities to which it relates". 1. Expenditure on raising funds includes the costs of all fundraising activities, events. non-charilable trading activities, and the sale of donated goods. 2. Expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further ils charitable aims for the benefit of ils beneficiaries, including those support costs and costs relating to the governance of the charity apportioned lo charitable activities. Tangible assets Tangible assets are initially recorded al cost, and subsequently slated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried al revalued amounts are recorded al the fair value at the dale of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An Increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless il reverses a charge for Impairment that has previously been recognised as expenditure within the statement 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 Il offsets any previous revaluation gain, in which case the loss is shown within other recognised gains and losses on the statement of financial activities. Depreciation Depreciation is calculated so as to write off the cost or valuation of an asset, less ils residual value, over the useful economic life of that asset as follows.. Equipment 500/0 Straight line 10
Being You Therapy Charitable Incorporated Organisation Notes to the Financial Statements (¢onllt)ue Year ended 30 June 2024 Accounting policies {conllnu8d) Impairment of fixed assets A review for indicators of impairment is carried out al each reporting dale, with the recoverable amount being estimated where such indicators exist. Vvhere the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting dale. Financial instruments A financial asset or a financial liability is recognised only when the entity becomes a paty to the contractual provisions of the instrument. Basi¢ financial instruments are initially recognised at the amount re1vable or payable including any related transaction costs, unless the arrangement constitutes a financing Iransa¢lion, where it is recognised at the present value of the future payments discounted at a market rale of interest for a similar debt instrument. Current assets and current liabilities are subsequently measured al the cash or other consideration expected lo be paid or received and not discounted. Donatlons and legacles Unrestricted Funds Restricted Total Funds Funds 2024 Donations Donations 981 981 Grants The National Lottery Community Fund Eveson Trust Postcode Lollery Albert Hunt 10,000 10,000 10,000 10,000 4,000 4,000 4,981 20,000 24,981 11
Being You Therapy Charitable Incorporated Organisation Notes to the Financial Statements (¢onllt)ue Year ended 30 June 2024 Donations and legacies (con*nu8d) Unrestricted Funds Restricted Totsl Funds Funds 2023 Donations Donations 36 Grants The National Lollery Community Fund Eveson Trust Postcode Lollery Albert Hunt 10,000 24,930 10,000 24,930 34,930 34,966 Expenditure on charitable activities by fund type Unrestricted Funds Restricted Total Funds Funds 2024 The National Lottery Community Fund Eveson Trust Postcode Lollery Albert Hunt Other reslricled funds Support costs 9,932 9,932 9,932 9,932 3,973 3,973 567 2,827 3,394 4,540 22,691 27,231 Unrestricted Funds Restricted Total Funds Funds 2023 The National Lottery Community Fund Eveson Trust Postcode Lollery Albert Hunt Support costs 5,785 8,870 24,312 5,785 8,870 24,312 2,597 41,564 2,597 41,564 12
Being You Therapy Charitable Incorporated Organisation Notes to the Financial Statements (¢onllt)ue Year ended 30 June 2024 Expenditure on charitable activities by activity type Activities undertaken directly Support costs Totsl funds 2024 Total fund 2023 The National Lottery Community Fund Eveson Trust Postcode Lollery Activity type 4 other reslricled fvnds 9,932 9,932 1,414 1,413 11,346 11,345 5,785 8,870 8,684 3,973 567 4,540 18,225 23,837 3,394 27,231 41,564 Analysis of support costs Support costs Total 2024 Total 2023 General office Professional & legal costs Promotion Depreciation 1,756 802 1,756 802 356 114 1,560 567 836 836 3,394 3,394 2,597 Net expenditure Nel expenditure is slated after chargingllcredilingl.. 2024 2023 Depreciation of tangible fixed assets 837 567 Independent examination fees 2024 2023 Fees payable to the independent examiner for.. Independent examination of the financial statements (including VATI 802 763 10. Trustee remuneration and expenses No remuneration or other benefits from employment with the charity or a related entity were received by the trustees. During the year no trustee expenses have been incurred. 13
Being You Therapy Charitable Incorporated Organisation Notes to the Financial Statements (¢onllt)ue Year ended 30 June 2024 11. Tangible fixed assets Equipment Cost Al 1 July 2023 Additions 1,134 539 At 30 June 2024 1,673 Depreciation At 1 July 2023 Charge for the year At 30 June 2024 567 837 1,404 Carrying amount At 30 June 2024 269 At 30 June 2023 567 12. Debtors 2024 2023 Prepayments and accrued income 60 13. Creditors.. arnounts falling due within one year 2024 2023 Accruals and deferred income 1,685 1,483 14. Analysis of eharitable funds Unrestricted funds At Income Expenditure 30 June 2024 4t 1 July 2023 General funds Albert Hunt 201 981 4,000 {4,540) 13,3581 4,000 201 4,981 {4,540} 642 At Income Expenditure 30 June 2023 4t 1 July 2022 Geneml funds Albert Hunt 165 201 165 201 14
Being You Therapy Charitable Incorporated Organisation Notes to the Financial Statements (¢onllt)ue Year ended 30 June 2024 14. Analysis of charitable funds {contInue Restricted funds At Income Expenditure 30 June 2024 411 July 2023 Postcode Lollery The National Lollery Community Fund Eveson 618 19161 1,130 618 12,2621 12151 11,8591 10,000 10,000 111,3461 111,3451 122,6911 832 20,000 Al Income Expenditure 30 June 2023 411 July 2022 Postcode Lollery The National Lollery Community Fund Eveson 24,930 124,3121 {8,3821 {8,870} 141,5641 618 19161 1,130 7,466 10,000 7,466 34,930 832 15. Analysis of net assets between funds Unrestricted Funds Restricted Total Funds Funds 2024 Tangible fixed assets Current assets 269 {2,1281 {1,8591 269 11,4861 11,2171 642 Net liabilities 642 Unrestricted Funds Restricted Totsl Funds Funds 2023 Tangible fixed assets Current assets 567 265 567 466 201 Net liabilities 201 832 1,033 16. Related parties During the period the Chair of the Charity was also the Practice Director of the organisation known as Restoration Therapy. During the period the charity received counselling services from Resloralion Therapy, the transactions where al arms length, no balance was owed lo or from the charity as al 30 June 2024. 15