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2022-08-31-accounts

LADY BALOGH’S PSYCHOTHERAPY TRUST

ANNUAL REPORT 2021 - 2022

Lady Balogh’s Psychotherapy Trust, Registered Charity Number 267569. 1 Fairbridge Rd. London N19 3EW

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PHILOSOPHY AND AIMS

Lady Balogh's Psychotherapy Trust is dedicated to Education in Psychotherapy. The Trust was created and endowed in 1974 by Penelope Lady Balogh, who was among the founders of psychoanalytical psychotherapy training in Britain. The Trust stands for two main principles, which derive from the work and thinking of the founder, her partner Deryck Dyne, and their associates. These are:

that psychotherapy, and in particular psychoanalytical psychotherapy, should be made more widely available in respect of both treatment and training;

that the field theory(ies) of psychotherapy, and in particular psychoanalytical psychotherapy, should be developed along a philosophical continuum, unobstructed by factional divisions, and maintained by an eclectic and inclusive stance.

The Trust seeks to widen the availability of psychotherapy treatment, training, and knowledge:

through support for the provision of psychotherapy to include those who might otherwise not seek professional help, at fees they can afford;

through support for training in psychotherapy based on the principles of eclecticism and the personal synthesis of orientations;

through support for psychotherapeutically based ventures in the wider community;

through the dissemination of information, and all other appropriate means.

The Trust's principal asset is its headquarters, 1 Fairbridge Road, Archway, London. This property was purchased by the Trustees following the sale of the founder's original bequest in Primrose Hill. Over the years the Trustees have spent a considerable sum on repairing and improving the house.

The house is used in part as clinical consulting rooms, occupied by therapists who pay room contributions to the Trust's Central Fund in return for use of the rooms; and in part by the Trust’s principal beneficiary, the Association for Group and Individual Psychotherapy (AGIP) for its administrative, training and membership functions. AGIP's use of the house is free of charge; in return, it carries out certain administrative functions on the Trustees' behalf.

In furtherance of its aims, the Trust:

supports the Association for Group and Individual Psychotherapy (a psychoanalytical psychotherapy training organisation, member of the UK Council for Psychotherapy), formerly a section of the Trust, with an annual donation that represents a major part of the income from the property;

allows consulting room rates to be set below going rates, giving scope to therapists to accept low -paying clients;

has obtained funding for a low -fee psychotherapy scheme, the Fairbridge Clinic, which is operated by AGIP;

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considers applications for funding from bodies providing psychotherapeutic training and services in the community, in particular those who seek to provide psychotherapy in areas where little presently exists;

aims through these and other means to produce a broadly based Trust, capable of supporting a variety of activities and orientations.

Originally, the Trust was set up as a central Trusteeship with a number of component parts, or sections. All these sections have now become independent bodies.

The current Trustees are:

Tessa Henghes (Chair) , Child Psychotherapist (retired); daughter of Penelope Lady Balogh.

Jeremy Chase (Treasurer), Psychiatrist (retired).

Dorothy Hamilton (Hon. Secretary) , Psychoanalytic Psychotherapist; Chair of AGIP and Honorary Fellow of the United Kingdom Council for Psychotherapy.

Tirril Harris , Psychotherapist (retired); Honorary Research Fellow, Institute of Psychiatry, King's College, University of London; daughter of Penelope Lady Balogh.

Desmond King, Chartered Clinical Psychologist, Member of the Institute of Group Analysis, in private practice.

Lawrence Suss, AGIP professional member. Former Chair of AGIP. Coordinator of AGIP Professional Ethics Committee.

Caroline Hallett, AGIP professional member.

THE BENEFICIARIES OF THE TRUST

During the year 2021 -2022 the trust supported the following beneficiaries:

The Association for Group and Individual Psychotherapy (AGIP)

AGIP was established in 1974 as part of the Trust. In October 1999, it became a Company Limited by Guarantee, and therefore an independent body. It is the Trust’s main beneficiary.

AGIP exists to provide a training course in psychoanalytical psychotherapy, to provide psychotherapy at accessible fees, and to support its members in their professional lives. The Association has been active in the UK Council for Psychotherapy (UKCP) since its inception, with leading roles played by AGIP members.

The Alliance of Psychoanalytic Psychotherapy Trainings (apptraining) formed by AGIP in partnership with Arbours Association in 2015, and taking its first trainees in September 2016, dissolved in the summer of 2017. With the support of the Trust, AGIP continued with its courses

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which are proving popular. In the summer of 2018 the courses were reviewed by the UK Council for Psychotherapy and were re-validated as ‘more than’ meeting the necessary standards.

AGIP accepts trainees from a variety of backgrounds, with no a priori bar on grounds of gender, sexual orientation, race, creed, educational background or physical disability. The courses attract students who live out of London; those who may have the ability to train, but lack formal qualifications; and older students often debarred from training elsewhere. The training is eclectic, and is based on the principle of the personal synthesis of orientations. The courses are taught at weekends enabling people with full time occupations to attend. This year the Trust has also continued to offer each clinical student a book grant.

AGIP is a membership organisation, with a democratically elected Council as managing body. There are currently 104 members including trainees. Professional Members, who have qualified as independent practitioners, are eligible to register with the UK Council for Psychotherapy.

In offering psychotherapy treatment, AGIP receives referrals from a variety of sources, including GPs, hospitals, word of mouth, and through the Fairbridge Clinic (see below). AGIP publicises the benefits of psychotherapy through appropriate publications and events, including conferences and workshops for the public and other professionals, and through leaflets detailing AGIP's clinical facilities.

In addition to its free use of the Trust headquarters, the Association receives a substantial annual donation from the Trust.

The Fairbridge Clinic

The Clinic was launched in the Autumn of 1994 to provide reduced fee therapy for those on low income; it is partly funded by a charitable donation secured by the Trustees for this purpose and is administered by AGIP. The Clinic fulfils an important function not only for patients, but also for AGIP therapists in training, who receive lower fees in return for the opportunity to work twice weekly over a substantial period of time. Therapists working during the day in the clinic are able to use rooms free of charge. This constitutes a further donation to the clinic of approximately £7,000 per annum.

Recently the clinic has benefited from two generous donations made by two psychotherapy organisations that recently closed down – a very substantial donation from the Association of Independent Psychotherapists and the other seen as a reimbursement of a grant from the Trust to the Cork Psychodynamic Integrative Graduates Group, when it was set up in 1994.

International Attachment Network

I.A.N., formerly a section of the Trust, aims to facilitate the spread of knowledge and understanding of Attachment Theory, and to develop its applications in many areas, including psychiatry, psychotherapy, developmental psychopathology, parent counselling, social work and social policy. To this end it holds monthly peer supervision groups, and Saturday workshops, sometimes at the Trust Headquarters. The Trust has continued to enable the I.A.N. free use of its premises for these activities.

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The Baobab Trust for Young Survivors in Exile

This is a therapeutic community providing psychotherapy and practical support to children, adolescents and young adults who are survivors of extreme violence, trafficking or rape and are refugees or asylum seekers.

Lady Balogh’s Essay Prize

This is a prize which will usually be awarded biennially to a member of the Jungian Association of the British Psychotherapy Foundation, for the merit of their professional, qualifying paper. This year the prize (£250) was awarded in May 2022.

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FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022 FOR LADY BALOGH'S PSYCHOTHERAPY TRUST (INCORPORATING FAIRBRIDGE CLINIC) BROOKS GREEN Chartered Accountants 342 Regents Park Road London N3 2LJ

LADY BALOGH'S PSYCHOTHERAPY TRUST GENERAL INFORMATION ADDRESS: l Fairbridge Road London N19 3EW ACCOUNTANTS: Brooks Green 342 Regents Park Road London N3 2LJ

LADY BALOGH'S PSYCHOTHERAPY TRUST ACCOUNTANTS REPORT TO THE TRUSTEES OF LADY BALOGH'S PSYCHOTHERAPY TRUST In accordance with the instructions given to us we have prepared, without carrying out an audit, the annexed accounts on Pages 2 to 3 from the accounting records of Lady Balogh's Psychotherapy Trust and from information and explanations su lied to us. t*-thfooKs (7 Abbey Fiousc 342 Regents Park Road London N3 2LJ Tel. 020 8343 1660 BROOKS GREEN 342 Regents Park Road London N3 2LJ Date: Page I

LADY B.4LOGH'S PSYCHOTHEII4PY TRliST (T_NCCIRPOP_4TTNC F_A_TRBR TDe.F, CT INTCI CONSOL ATED B.4LANCE SHEET AS AT 31 AUGUST 2022 2022 2021 . FIXED ASSETS Propety - Fairbridoe Road 305,396 J05,396 Listed IniTestments 19,182 19,18? CURRENT ASSETS Debtors and Prepayments Cash Balances 10,668 250,048 9,481 ?61,351 260,716 £270,832 CURRENT LIABELITIES Creditors £7,123 £1.800 Tet Current Assets 2i3,i9J 269,032 £i78,171 £593,610 REPRESENTED BY: ACCUMULATED FUNTD Balance as at I September 20?1 Deficit for year 593,610 li,4J9 633,958 40,348 £578,171 £593,610 Ive approve the financial statements and confinn that we have made available all relevant records and information for their preparation. Trustee Trustee Date: PaRe 2

LADY BALOGH'S PSYCHOTHERAPY TRUST BALANCE SHEET AS AT 31 AUGUST 2022 2022 2021 FIXED ASSETS Propety - Fairbridge Road 305,396 305,396 Listed Investments 19,182 19,182 CURRENT ASSETS Debtors and Prepayments Cash Balances 10,668 172,925 9,481 187,199 £183,593 £196,680 CURRENT LIABILITIES Creditors £1,800 £1.800 Net Current Assets 181,793 194,880 £506,371 £519,458 REPRESENTED BY: ACCUMULATED FUND Balance as at I September 2021 Deficit for year 519,458 13,087 557,426 37,968 £506,371 £519,458 We approve the financial statements and confirm that we have made available all relevant records and information for their preparation. Trustee Trustee Date: Page 3

LADY BALOGH'S PSYCHOTHERAPY TRUST CENTRAL FUND INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR EN'DED 31 AUGUST 2022 2022 2021 House Contributions Donations 52,850 25,694 52,850 25,694 Deposit Interest Dividends 12 263 10 286 275 296 53,125 Less: Secretarial Fees Professional Fees Administration Costs House Expenses Equipment Maintenance Insurance Accountancy Donations to A.G.I.P. Other Donations 25,990 9,759 112 8,149 1,567 2,425 1,800 34,000 8,400 291 8,907 2,260 1,800 45,000 5,700 66,212 63,958 Deficit for ear £13,087 £37,968 Page 4

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2022 FOR LADY BALOGH'S PSYCHOTHERAPY TRUST (INCORPORATING FAIRBRIDGE CLINIC) BROOKS GREEN Chartered Accountants 342 Regents Park Road London N3 2LJ

LADY BALOGH'S PSYCHOTHERAPY TRUST GENERAL INFORMATION ADDRESS: l Fairbridge Road London N19 3EW ACCOUNTANTS: Brooks Green 342 Regents Park Road London N3 2LJ

LADY BALOGH'S PSYCHOTHERAPY TRUST ACCOUNTANTS REPORT TO THE TRUSTEES OF LADY BALOGH'S PSYCHOTHERAPY TRUST In accordance with the instructions given to us we have prepared, without carrying out an audit, the annexed accounts on Pages 2 to 3 from the accounting records of Lady Balogh's Psychotherapy Trust and from information and explanations su lied to us. t*-thfooKs (7 Abbey Fiousc 342 Regents Park Road London N3 2LJ Tel. 020 8343 1660 BROOKS GREEN 342 Regents Park Road London N3 2LJ Date: Page I

LADY B.4LOGH'S PSYCHOTHEII4PY TRliST (T_NCCIRPOP_4TTNC F_A_TRBR TDe.F, CT INTCI CONSOL ATED B.4LANCE SHEET AS AT 31 AUGUST 2022 2022 2021 . FIXED ASSETS Propety - Fairbridoe Road 305,396 J05,396 Listed IniTestments 19,182 19,18? CURRENT ASSETS Debtors and Prepayments Cash Balances 10,668 250,048 9,481 ?61,351 260,716 £270,832 CURRENT LIABELITIES Creditors £7,123 £1.800 Tet Current Assets 2i3,i9J 269,032 £i78,171 £593,610 REPRESENTED BY: ACCUMULATED FUNTD Balance as at I September 20?1 Deficit for year 593,610 li,4J9 633,958 40,348 £578,171 £593,610 Ive approve the financial statements and confinn that we have made available all relevant records and information for their preparation. Trustee Trustee Date: PaRe 2

LADY BALOGH'S PSYCHOTHERAPY TRUST BALANCE SHEET AS AT 31 AUGUST 2022 2022 2021 FIXED ASSETS Propety - Fairbridge Road 305,396 305,396 Listed Investments 19,182 19,182 CURRENT ASSETS Debtors and Prepayments Cash Balances 10,668 172,925 9,481 187,199 £183,593 £196,680 CURRENT LIABILITIES Creditors £1,800 £1.800 Net Current Assets 181,793 194,880 £506,371 £519,458 REPRESENTED BY: ACCUMULATED FUND Balance as at I September 2021 Deficit for year 519,458 13,087 557,426 37,968 £506,371 £519,458 We approve the financial statements and confirm that we have made available all relevant records and information for their preparation. Trustee Trustee Date: Page 3

LADY BALOGH'S PSYCHOTHERAPY TRUST CENTRAL FUND INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR EN'DED 31 AUGUST 2022 2022 2021 House Contributions Donations 52,850 25,694 52,850 25,694 Deposit Interest Dividends 12 263 10 286 275 296 53,125 Less: Secretarial Fees Professional Fees Administration Costs House Expenses Equipment Maintenance Insurance Accountancy Donations to A.G.I.P. Other Donations 25,990 9,759 112 8,149 1,567 2,425 1,800 34,000 8,400 291 8,907 2,260 1,800 45,000 5,700 66,212 63,958 Deficit for ear £13,087 £37,968 Page 4