**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
3. 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
4. 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
- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
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
Page 13