## **LADY BALOGH’S PSYCHOTHERAPY TRUST** 

# **ANNUAL REPORT** 2021 - 2022 

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

1 



## **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; 

**2** 



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 

3 



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. 

**4** 



## **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. 

5 



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