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2024-12-31-accounts

REGISTERED COMPANY NUMBER: 01782119 (England and Wales) REGISTERED CHARITY NUMBER: 289420

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Highgate Counselling Centre

Venture Accountancy & Tax Ltd 52 Bluebridge Road Brookmans Park Hatfield Hertfordshire AL9 7SA

Highgate Counselling Centre

Contents of the Financial Statements for the Year Ended 31 December 2024

Page
Report of the Trustees 1 to 2
Independent Examiner's Report 3
Statement of Financial Activities 4
Balance Sheet 5
Notes to the Financial Statements 6 to 11
Detailed Statement of Financial Activities 12 to 13

Highgate Counselling Centre

Report of the Trustees for the Year Ended 31 December 2024

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 December 2024. The trustees have adopted the provisions of 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) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Review of Activities and Future Plans for Counselling Centre

The 2024 focus for HCC centred on implementing and integrating the various developments in communications and procedure the organisation carried out in the previous 18 months.

The new administrative team settled into the centre well and took ownership of procedures to support the organisation through its communications and administrative support. This continued to vastly improve the operational efficiency, which has in turn offered HCC members and clients at the centre better support and communication. The communication developments that took place in 2023 were able to become embedded in the culture of the organisation throughout the year and have proved to offer much valued improved transparency and sense of identity and belonging through HCC.

Following our development of the use of financial software across the centre in 2023, we also rolled this out further to the training department in 2024. This further improved financial visibility and budgeting so we could begin to have conversations about further developments in the organisation. Discussions took place to consider commissioning a fundraising proposal to look at developing a third income stream for HCC to further improve and expand the services we can offer

Training applications were reduced in 2024 for the online certificate. This meant the course could not run and had to be cancelled in August. In September HCC developed a Fast-Track Certificate course that would run from January - July 2025 to address this reduction in trainee numbers and offer greater choice to our training potential members. By December we had a full intake of trainees ready to start in the January cohort and the course had been developed ready to be delivered. The reasons for the reduction of applications for this training were unclear. Inflation and cost of living consideration were likely to be part of the reason. It is also possible the introduction of some additional workshops to the course, to expand the hours required to keep us in line with industry standards, perhaps deterred this specific online demographic. It is also evident that online courses in the past years at this introduction level have vastly increased, resulting in greater competition in online training. Fees were not increased in 2023 or 2024 to remain accessible and competitive.

Significant activities

Contributions for counselling remain on a sliding scale based on what is affordable to each client in relation to income. The increments for each stage of the sliding scale have not increased and there are no plans for this to occur to ensure the charity ethos remains central in all organisation activities. Our client figures at the centre have increased marginally and our average contribution has increased from £36.00 in 2023 to £41.75 in 2024.

ACHIEVEMENT AND PERFORMANCE Charitable activities

The activities of the Charity comprise contributions from clients and training course fees.

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

01782119 (England and Wales)

Registered Charity number

289520

Registered office

58a Highgate High Street London N6 5HX

Page 1

Highgate Counselling Centre

Report of the Trustees

for the Year Ended 31 December 2024

Trustees

N Cobill Barrister (appointed 10.10.24) Ms S Fawcett Director Ms H E Finch Group Analytic Psychotherapist Dr B Friedmann General Medical Practitoner (resigned 8.10.24) N A Nicolaides Director S W Radford Director (resigned 27.06.25) Dr J M Seargeant Psychiatrist Ms V Wilkinson Counsellor

Mr N Cobill, who resigned during the year, was re-appointed on 10/10/2024

Company Secretary Ms L J Newens

Independent Examiner

Vasilis Vasiliou FCCA Venture Accountancy & Tax Ltd 52 Bluebridge Road Brookmans Park Hatfield Hertfordshire AL9 7SA

Bankers

CAF Bank Limited PO Box 289 West Malling Kent ME19 4TA

Advisers

Investment Manager:

M&G Investment Laurence Pountney Hill London EC4R 0HH CAF Bank Limited PO Box289 West Malling Kent, ME19 4TA

Approved by order of the board of trustees on 17 September 2025 and signed on its behalf by:

Nicholas Cobill (Sep 19, 2025 17:26:28 GMT+1)

N Cobill - Trustee

Page 2

Independent Examiner's Report to the Trustees of Highgate Counselling Centre

Independent examiner's report to the trustees of Highgate Counselling Centre ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 December 2024.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or

  2. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

  3. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Vasilis Vasiliou FCCA

Venture Accountancy & Tax Ltd 52 Bluebridge Road Brookmans Park Hatfield Hertfordshire AL9 7SA

17 September 2025

Page 3

Highgate Counselling Centre

Statement of Financial Activities

for the Year Ended 31 December 2024

Unrestricted
funds
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
-
Other trading activities
2
360,299
Investment income
3
3,141
Total
363,440
EXPENDITURE ON
Raising funds
-
Other
363,374
Total
363,372
Net gains/(losses) on investments
(292)
NET INCOME/(EXPENDITURE)
(226)
RECONCILIATION OF FUNDS
Total funds brought forward
197,676
TOTAL FUNDS CARRIED FORWARD
197,450		 Restricted
fund
£
1,075
-
-
1,075
-
1,075
1,075
-
-
1,075
1,075		 31.12.24
31.12.23
Total
Total
funds
funds
as restated
£
£
1,075
1,423
360,299
367,064
3,141
2,113
364,515
370,600
-
25,497
364,449
319,470
364,449
344,967
(292)
722
(226)
26,355
198,751
172,396
198,525
198,751		 31.12.24
31.12.23
Total
Total
funds
funds
as restated
£
£
1,075
1,423
360,299
367,064
3,141
2,113
364,515
370,600
-
25,497
364,449
319,470
364,449
344,967
(292)
722
(226)
26,355
198,751
172,396
198,525
198,751
370,600
25,497
319,470
344,967
722
26,355
172,396
198,751

The notes form part of these financial statements

Page 4

Highgate Counselling Centre

Balance Sheet 31 December 2024

Unrestricted
funds
Notes
£
FIXED ASSETS
Tangible assets
9
43,776
CURRENT ASSETS
Debtors
10
226,634
Investments
11
45,322
Cash at bank
112,825
384,781
CREDITORS
Amounts falling due within one year
12
(225,290)
NET CURRENT ASSETS
159,491
TOTAL ASSETS LESS CURRENT LIABILITIES
203,267
CREDITORS
Amounts falling due after more than one year
13
(4,742)
NET ASSETS
198,525
FUNDS
15
Unrestricted funds
Restricted funds
TOTAL FUNDS		 Restricted
fund
£
-
-
-
-
-
-
-
-
-
-		 31.12.24
Total
funds
as
£
43,776
226,634
45,322
112,825
384,781
(225,290)
159,491
203,267
(4,742)
198,525
198,525
-
198,525		 31.12.23
Total
funds
restated
£
49,334
162,788
45,614
124,577
332,979
(167,420)
166,634
215,968
(17,217)
198,751
197,676
-
198,751

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies’ regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 17 September 2025 and were signed on its behalf by:

Nicholas Cobill (Sep 19, 2025 17:26:28 GMT+1)

N Cobill - Trustee

The notes form part of these financial statements

Page 5

Highgate Counselling Centre

Notes to the Financial Statements for the Year Ended 31 December 2024

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

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

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Short leasehold - in accordance with the property
Plant and machinery - 25% on cost
Computer equipment - 25% on cost

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

2. OTHER TRADING ACTIVITIES

Other income
Client contributions
Training course fees		 31.12.24
as
£
-
132,950
227,347
360,297		 31.12.23
restated
£
195
119,235
247,634
367,064

continued...

Page 6

Highgate Counselling Centre

Notes to the Financial Statements - continued for the Year Ended 31 December 2024

3. INVESTMENT INCOME

INVESTMENT INCOME
31.12.24 31.12.23
as restated
£ £
Dividends 2,043 1,168
Deposit account interest 1,098 945
3,141 2,113
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
31.12.24 31.12.23
as restated
£ £
Depreciation - owned assets 5,558 5,560

4. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

5. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 December 2024 nor for the year ended 31 December 2023.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 December 2024 nor for the year ended 31 December 2023.

6. STAFF COSTS

The average monthly number of employees during the year was as follows:

31.12.24
31.12.23
as restated
Employees
6
7
No employees received emoluments in excess of £60,000.
7.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
Restricted
Total
funds
fund
funds
as restated
£
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
1,423
-
1,423
Other trading activities
367,064
-
367,064
Investment income
2,113
-
2,113
Total
370,600
-
370,600
EXPENDITURE ON
Raising funds
25,497
-
25,497
Other
319,470
-
319,470
Total
344,967
-
344,967
Net gains on investments
722
-
722		 31.12.24
31.12.23
as restated
Employees
6
7
No employees received emoluments in excess of £60,000.
7.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
Restricted
Total
funds
fund
funds
as restated
£
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
1,423
-
1,423
Other trading activities
367,064
-
367,064
Investment income
2,113
-
2,113
Total
370,600
-
370,600
EXPENDITURE ON
Raising funds
25,497
-
25,497
Other
319,470
-
319,470
Total
344,967
-
344,967
Net gains on investments
722
-
722		 31.12.24
31.12.23
as restated
Employees
6
7
No employees received emoluments in excess of £60,000.
7.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
Restricted
Total
funds
fund
funds
as restated
£
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
1,423
-
1,423
Other trading activities
367,064
-
367,064
Investment income
2,113
-
2,113
Total
370,600
-
370,600
EXPENDITURE ON
Raising funds
25,497
-
25,497
Other
319,470
-
319,470
Total
344,967
-
344,967
Net gains on investments
722
-
722		 31.12.24
31.12.23
as restated
Employees
6
7
No employees received emoluments in excess of £60,000.
7.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
Restricted
Total
funds
fund
funds
as restated
£
£
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
1,423
-
1,423
Other trading activities
367,064
-
367,064
Investment income
2,113
-
2,113
Total
370,600
-
370,600
EXPENDITURE ON
Raising funds
25,497
-
25,497
Other
319,470
-
319,470
Total
344,967
-
344,967
Net gains on investments
722
-
722
370,600
25,497
319,470
344,967
722 - 722

continued...

Page 7

Highgate Counselling Centre

Notes to the Financial Statements - continued for the Year Ended 31 December 2024

7. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued

COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
funds
£
NET INCOME
26,355
Transfers between funds
(1,075)
Net movement in funds
25,280
RECONCILIATION OF FUNDS
Total funds brought forward
172,396
TOTAL FUNDS CARRIED FORWARD
197,676		 Restricted
fund
as
£
-
1,075
1,075
-
1,075		 Total
funds
restated
£
26,355
-
26,355
172,396
198,751

8. PRIOR YEAR ADJUSTMENT

Due to a software error, some double counting regarding restricted funds in the prior year of £1,075 occurred in current liabilities and also in notes 11-14. These have now been re-stated in the comparative year.

9. TANGIBLE FIXED ASSETS

Short
Plant and
Computer
leasehold
machinery
equipment
£
£
£
COST
At 1 January 2024 and 31 December 2024
81,641
1,834
7,706
DEPRECIATION
At 1 January 2024
32,657
1,484
7,706
Charge for year
5,442
116
-
At 31 December 2024
38,099
1,600
7,706
NET BOOK VALUE
At 31 December 2024
43,542
234
-
At 31 December 2023
48,984
350
-
DEBTORS
31.12.24
as
£
Amounts falling due within one year:
Trade debtors
198,634
Prepayments
10,500
209,134
Amounts falling due after more than one year:
Other debtors
17,500
Aggregate amounts
226,634		 Short
Plant and
Computer
leasehold
machinery
equipment
£
£
£
COST
At 1 January 2024 and 31 December 2024
81,641
1,834
7,706
DEPRECIATION
At 1 January 2024
32,657
1,484
7,706
Charge for year
5,442
116
-
At 31 December 2024
38,099
1,600
7,706
NET BOOK VALUE
At 31 December 2024
43,542
234
-
At 31 December 2023
48,984
350
-
DEBTORS
31.12.24
as
£
Amounts falling due within one year:
Trade debtors
198,634
Prepayments
10,500
209,134
Amounts falling due after more than one year:
Other debtors
17,500
Aggregate amounts
226,634		 Short
Plant and
Computer
leasehold
machinery
equipment
£
£
£
COST
At 1 January 2024 and 31 December 2024
81,641
1,834
7,706
DEPRECIATION
At 1 January 2024
32,657
1,484
7,706
Charge for year
5,442
116
-
At 31 December 2024
38,099
1,600
7,706
NET BOOK VALUE
At 31 December 2024
43,542
234
-
At 31 December 2023
48,984
350
-
DEBTORS
31.12.24
as
£
Amounts falling due within one year:
Trade debtors
198,634
Prepayments
10,500
209,134
Amounts falling due after more than one year:
Other debtors
17,500
Aggregate amounts
226,634		 Short
Plant and
Computer
leasehold
machinery
equipment
£
£
£
COST
At 1 January 2024 and 31 December 2024
81,641
1,834
7,706
DEPRECIATION
At 1 January 2024
32,657
1,484
7,706
Charge for year
5,442
116
-
At 31 December 2024
38,099
1,600
7,706
NET BOOK VALUE
At 31 December 2024
43,542
234
-
At 31 December 2023
48,984
350
-
DEBTORS
31.12.24
as
£
Amounts falling due within one year:
Trade debtors
198,634
Prepayments
10,500
209,134
Amounts falling due after more than one year:
Other debtors
17,500
Aggregate amounts
226,634		 Totals
£
91,181
41,847
5,558
47,405
43,776
48,984 350 -
31.12.24
as
£
198,634
10,500
209,134
17,500
226,634		 49,334
31.12.23
restated
£
134,788
10,500		 49,334
145,288
17,500
162,788

10. DEBTORS

continued...

Page 8

Highgate Counselling Centre

Notes to the Financial Statements - continued for the Year Ended 31 December 2024

11.
CURRENT ASSET INVESTMENTS
M&G & Other Investments
12.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Bank loans and overdrafts (see note 14)
Trade creditors
Social security and other taxes
Other creditors
Restricted income funds
Deferred income
Accrued expenses
13.
CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
Bank loans (see note 14)
14.
LOANS
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Bank loans
Amounts falling between one and two years:
Bank loans - 1-2 years
Amounts falling due between two and five years:
Bank loans - 2-5 years
15.
MOVEMENT IN FUNDS
At 1.1.24
£
Unrestricted funds
General funds
197,676
Restricted funds
Restricted Funds
1,075
TOTAL FUNDS
198,751		 31.12.24
£
45,322
31.12.24
£
10,393
6,660
484
5,293
-
199,600
2,860
225,290
31.12.24
£
4,742
31.12.24
£
10,393
10,393
4,742
-
Net
movement
in funds
£
(226)
(1,075)
(1,301)		 as 31.12.23
restated
£
45,614
as
as
as
 31.12.23
restated
£
7,907
19,996
437
-
1,075
134,070
2,860
166,345
31.12.23
restated
£
17,217
31.12.23
restated
£
7,907
7,907
10,127
7,090
At
31.12.24
£
198,525
-
198,525

continued...

Page 9

Highgate Counselling Centre

Notes to the Financial Statements - continued

for the Year Ended 31 December 2024

15. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds
General funds
TOTAL FUNDS		 Incoming
resources
£
364,515
364,515		 Resources
expended
£
(364,449)
(364,449)		 Gains and
Movement
losses
in funds
£
£
(292)
(226)
(292)
(226)

Comparatives for movement in funds

Unrestricted funds
General funds
Restricted funds
Restricted Funds
TOTAL FUNDS		 Net
movement
At 1.1.23
in funds
£
£
172,396
26,355
-
-
172,396
26,355		 Transfers
between
funds
£
-
-
-		 At
31.12.23
£
198,751
-
198,751

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General funds
TOTAL FUNDS		 Incoming
resources
£
370,600
370,600		 Resources
expended
£
(344,967)
(344,967)		 Gains and
Movement
losses
in funds
£
£
722
26,355
722
26,355

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General funds
Restricted funds
Restricted Funds
TOTAL FUNDS		 Net
movement
At 1.1.23
in funds
£
£
172,396
26,129
-
-
172,396
26,129		 Transfers
between
funds
£
-
-
-		 At
31.12.24
£
198,751
-
198,525

continued...

Page 10

Highgate Counselling Centre

Notes to the Financial Statements - continued

for the Year Ended 31 December 2024

15. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General funds
TOTAL FUNDS		 Incoming
resources
£
735,115
735,115		 Resources
expended
£
(709,416)
(709,416)		 Gains and
Movement
losses
in funds
£
£
430
26,129
430
26,129

16. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 December 2024.

Page 11

Highgate Counselling Centre

Detailed Statement of Financial Activities for the Year Ended 31 December 2024

Detailed Statement of Financial Activities
for the Year Ended 31 December 2024
31.12.24 31.12.23
as restated
£ £
INCOME AND ENDOWMENTS
Donations and legacies
Gifts - (2)
Donations 1,075 1,425
1,075 1,423
Other trading activities
Other income - 195
Client contributions 132,952 119,235
Training course fees 227,347 247,634
360,299 367,064
Investment income
Dividends 2,043 1,168
Deposit account interest 1,098 945
3,141 2,113
Total incoming resources 364,515 370,600
EXPENDITURE
Other trading activities
Bad debts - 633
Other
Wages 199,240 181,104
Pensions 850 -
Training course expenses 4,135 5,680
Room hire 10,927 7,777
Trainer, tutors and other fees 65,683 61,034
Sundry course expenses 4,621 5,546
Search fees 659 124
Rent 42,768 41,038
Consultation fees 5,850 5,619
Subscriptions 1,898 1,774
Cleaning 2,339 2,173
Property maintenance 5,503 1,158
Depreciation of tangible fixed assets 5,560 5,560
Bank loan interest 522 883
350,555 319,470
Support costs
Management
Light and heat (513) 8,283
Telephone (1,169) 1,755
Advertising 1,287 749
(395) 10,787
Finance
Sundries 393 470
Carried forward 393 470

This page does not form part of the statutory financial statements

Page 12

Highgate Counselling Centre

Detailed Statement of Financial Activities for the Year Ended 31 December 2024

Detailed Statement of Financial Activities
for the Year Ended 31 December 2024
31.12.24 31.12.23
as restated
£ £
Finance
Brought forward 393 470
Bank charges 1,522 2,053
1,915 2,523
Information technology
Repairs and renewals 115 145
Human resources
Software licences - 362
Other
Insurance 3,385 4,354
Postage and stationery 2,052 896
Sundries 1,561 1,337
Email, hosting & IT costs 792 1,600
7,790 8,187
Governance costs
Accountancy fees 3,269 2,860
Legal fees 1,200 -
4,469 2,860
Total resources expended 364,449 344,967
Net income before gains and losses 66 25,633
Realised recognised gains and losses
Realised gains/(losses) on fixed asset investments (292) -
Net (expenditure)/income (226) 25,633

This page does not form part of the statutory financial statements

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