NETWORK COUNSELLING AND TRAINING LIMITED FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2025 Company Number 01951370 Charity Number 292801
NEfwoRK COUNSELLING AND TRAINING LIMITED FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2025 CONTENTS PAGES Reference & Adminislralive Information Trustees, Annual Report Independent Examiner's Report to the Trustees ststemenl of Financial Activities Balance Sheet 10 Notes lo the Financial Statements 11-19
NEfwoRK COUNSELLING AND TRAINING LIMITED REFERENCE & ADMINISTRATIVE INFORMATION YEAR ENDED 31 JULY 2025 Slatus The company is a registered charity and limited by guarantee. The working name il uses is Network Counselling and Training. Trustees Eileen Cahill (Chairl Anna Vigars Helen Britten Simon Taylor Nigel Willoughby IAppointed 7 April 20251 Company Secretary Mat Ray Senior Management Team Mal Ray ICEOI Anne Duke IHead of Training) Registered office Elm Park Fillon Bristol BS34 7PS Independent Examiner Joshua Kingston Bsc (Honsl FCA Burton Sweet Limited The Clock Tower, 5 Farleigh Court, Old Weston Road, Flax Bourton, Bristol BS48 1 UR Bankgrs HSBC Bank plc 11 Canford Lane Westbury-on-Trym Bristol BS9 3DE CAF Bank plc PO Box 289 West Malling Kent ME19 4TA Bank of Scotland PO Box 208 21 Prince Street Bristol BS99 7JG Triodos Bank Uk Ltd Deanery Road Bristol BS1 SAS Solicitors Capstone Solicitors 62 GIOuster Road Bristol BS8 4AN
NEfwoRK COUNSELLING AND TRAINING LIMITED TRUSTEES. ANNUAL REPORT YEAR ENDED 31 JULY 2025 ABOUT NETWORK Our objectives Neork'S purpose and objectives are lo promote mental, emotional and spiritual health and wellbeing in the context of a Christian ethos by.. Providing professional counselling and related services Providing a range of educational and training opportunities in counselling and related areas Providing other opportunities for personal, psychological and spiritual development. Meeting our objectives Providing affordable counselling lo adulls.- We offer up to 24 weekly sessions, either face-to-face or online. Counselling is provided by trainee counsellors on our advanced diploma course or similar level course at other local training centres. All counsellors are managed and supported by Network staff and receive external professional supervision. Training people in counselling skills.. We are a nationally accredited provider of counselling skills training. We run courses al different levels.. Advanced Diploma in Counselling, accredited by the British Association for Counselling and Psychotherapy and the National Counselling and Psychotherapy Society Advanced Certificate in Counselling Skills, quality assured by the National Counselling and Psychotherapy Society Intr(xluctory and basic level courses in counselling and listening skills Continuing Professional Development training for other organisalions Network is financed through a mix of earned income from training fees, room hire and counselling payments as well as donated money from individuals, trusts and grant-makers. Network's constitution Network is constituted as a company limited by guarantee (Company No. 0195137018nd governed by its Memorandum and Articles of Association dated 16 July 2008. It was registered with the Charity Commission on 11 November 1985 (Charity No. 2928011. Publlc Benefit The Trustees have given due regard lo the public benefit guidance issued by the Charity Commission and are confident that Network meets Charity Commission requirements. Network confers public benefit by providing low-cost counselling to those who need it. Risk Management The Trustees mel regularly throughout year and reiVed regular reports to inform their risk assessments and mitigating actions. They continue to review the major risks to which the charity is exposed and measures are in place lo mitigate these risks.
NEfwoRK COUNSELLING AND TRAINING LIMITED TRUSTEES. ANNUAL REPORT YEAR ENDED 31 JULY 2025 The year in context Year 1- Transformation12022-231 Facing a challenging financial outlook, Network undertook significant change in 2022-23. We launched a fundraising appeal, introduced payment for counselling, closed the counsellor volunteering programme and invested in strengthening our database and systems. These steps laid the foundations for a more stsble and sustainable future. Year 2- Consolidation1202>24) NeOrk focused on strengthening core operations. We improved client payment systems, streamlined processes, enhanced counsellor induction and began fostering a healthier organisational culture with greater allenlion lo preventing burnout. We also launched the Access Fund, expanding affordable access to counselling. Year 3- Growth12024-25) Continuing to build on the progress of the previous two years, this year has seen an emphasis on development. We have grown our counselling Servi$, updated our leaching curriculum and continued to upgrade our systems. We have also been building relationships with other counselling organisalions across the city. The year in numbers- 3,299 Counselling sessions 50 Counsellors 90 Students lolal over all courses 980/9 of clients rale us Excellent or Very Good 9am-1 Opm opening limes 400/0 growth in room hire 250 sessions at £5 Access Fund 4 networking events hosted Training This year saw Network continue to provide high quality training at all levels. Introductory evening courses proved popular, teaching the basics of listening skills and the Person-centred approach. Our sold-out Advanced Certific8le equipped students with high levels of counselling skills. And our two-year Advanced Diploma course prepared students to be professional counsellors. This included theory, practice and the deep personal development needed lo work with vulnerable people and challenging issues. In October 2024 we saw 16 diploma students graduate, ready lo take their first steps as professional counsellors. Significant work was done on refreshing our curriculum, ensuring that we continue lo prepare counsellors for a changing world. We reviewed the language and case studies and wrote new content on power and privilege. Tutor Louise Mill rewrote a module on farth and former lulor Emma Duncan spent lime benchmarking our curriculum against the most recent professional frameworks. How we measure success Both our certificate and diploma courses are checked by external professional bodies, ensuring that we are meeting the highest standards. Again this year we were praised by the BACP and the NCPS for the quality of our leaching and learning.
NEfwoRK COUNSELLING AND TRAINING LIMITED TRUSTEES. ANNUAL REPORT YEAR ENDED 31 JULY 2025 We also gather student feedback.. "The tutors are very knowledgeable and their unique backgrounds offer a great balgncg of experignce and expertise for aspiring counsellors lo leam from." 'The course is really well structured. The knowledge we learn is acquired gr&du&lly at a good pace so that it never seems overwhelming. The course tutors are wonderfull" Challenge.. Student recruitment This year we have struggled to fill our Advanced Diploma course again. Despite investing in a Google Ads campaign, we saw a lack ofapproprigte applicants. We have continued to work on this area and hope for a larger Cohort next year. Counselling This year, Network has provided more counselling than ever before - 3,299 sessions of high quality, one-to-one work.. 200A more sessions than last year. In total we've supported over 300 individual clients. To achieve this there has been steady beh1nd-lhe-sneS development work. Clients can now use OLJr website lo directly book initial assessments, then quickly gel allocated a counsellor- so more people in crisis are getting help sooner. We have also opened the building for longer,. Monday to Friday, 9am to 1 Opm. We are finding increasing numbers of clients wanting to come in the evenings. One of the main reasons we have grown is the great work our Clinical Lead has put into recruiting external students for our placement. We now have students coming from a number of well-respected local universities and colleges for a placement here al Network. This really boosts our capacity to deliver 8fford8ble counselling sessions. To manage the growing counselling department, we have implemented regular caseload management meetings with each individual student counsellor. This allows adds value to our placement - we are beller able lo support and advise Irainee counsellors. At the same lime, we can beller understand the needs of our clients, and hear the stories of transformation. We have continued lo use our Access Fund to provide heavily subsidised counselling sessions to those who need it most. This year 7.5 /0 of our sessions cost clients just £5. We are so grateful to funders who have priorilised this, enabling us lo help clients who have run into financial difficulli8s, or who live on extremely low incomes. How we measure success We continue to use the well-respected Warwick-Edinburgh Mental Wellbeing Scale to measure the impact on our clients, lives. 98 /0 of clients report that their life has changed for the better- and almosl 60 % say that they have seen 'a great deal, of positive change. And 800/¢ of our clients tell us they would recommend us to a friend or family member. In addition, we love to collect informal feedback.. "The sessions helped me through the worst months of my life.. I cany thank my counsellor enough." 'When I began coming lo Network, I was feeling utterly desperate, desol8le 8nd despairing.. six months later I was a transformed person." "My counsellor did morg for me in 6 weeks than anyone has done in my life. 'It has been life changing for me.
NEfwoRK COUNSELLING AND TRAINING LIMITED TRUSTEES. ANNUAL REPORT YEAR ENDED 31 JULY 2025 Challenge.. complex client work This year we saw a significant rise in the complexity and severity of the issues clients brought to Counselling. More people than ever came lo us presenting with trauma, childhood sexual abuse, neurodiversity and mental illness. These are no longer specialist exceptions but rather 8 regular part of our caseload. Other achievements Networking This year we have estsblished ourselves as a hub for counselling charities across Bristol by hosting a quarterly meel-up. This an idea developed by Operations Manager June Heath. It is a high value meeting- allowing us lo share best practice, swap practical lips, and also encourage and support each other. Over the year, we have seen representatives from 20 different charities. Developing teamwork This year the leadership team has grown a strong sense of teamwork. Meeting together weekly, we have built healthy working relationships and are abl8 to support each other and work together to meet challenges and plan the future of the organisalion. Looking ahead Continue - We will continue with what makes Network special.. We will continue lo deliver high quality, professionally recognised training, keeping up with the profession-wide SCOPED change process. We will continue to provide low-cosl counselling to as many people as we can, listening and supporting them as they deal with life's biggest challenges. And we will continue lo look for ways to make our systems more efficient and effective. Celebrate - We look forward to celebrating our 401h anniversary in March 2026. Grow- We will look for opportunities to grow Network's impact. That may be through developing new training offers, through increasing our counselling capacity or through finding new ways to partner with and support others across the city and region. Financial Review This year has seen a 15 10 growth in income compared lo last year. This has been due to a significant increase in our counselling income and room hire income, as well as a modest rise in our training income. 2024-25 2023-4 change Training £213,238 £203,273 +5% Counselling £87,186 £68,968 +26°/0 Room hire £26,778 £19,188 +409/0 Our voluntary income has also risen due lo receiving a number of grants. Sadly grant income remains difficult to predict.
NEfwoRK COUNSELLING AND TRAINING LIMITED TRUSTEES. ANNUAL REPORT YEAR ENDED 31 JULY 2025 The breakdown of our income remains very similar to last year's.. 2024-25 2023-24 Training Counselling income 22./0 20/0 Rcx)m hire 7¥0 6/0 Investment income 10 Total oarn9d incomg 84% 85¥ Individuals and churches Trusts 9% 601. Total voluntary income 16% 15Y On the expenditure side, we have been able to control our spending despite rising costs across the year. As a result we have generated a surplus which we will hold in reserve for future costs. This means Network can report that il is a going concern. We hold enough cash to meet immediate expenses and have a steady income across a number of streams. We hold reserves in line with our reserves policy.. Reserves policy.. The TrLJStees' approved reserves policy is to hold £45,000 - three months, payroll - in reserve. Our cash reserves met this policy at all limes during the year. We review this policy annually. Thanks Finally, we would like to thank all who have made this year possible.. Trusts and grants including Benefact, National Lottery Awards for All, Quartet and The Grace Trust. We are particul8rly grateful to the smaller trusts who faithfully support us through the years.. Four Winds Trust, Fitton Trust, Leonard Laity Sloate Charitable Trust, and Lambury Charitable Trust. Supporters who have made generous donations lo our work or upheld us in prayer. Staff team including managers, tutors and administrators. And our freelancers who assess clients, supervise students and teach evening classes. Their can-do allilude means we can respond lo new challenges. Counsellors - both Network students and those studying elsewhere. Their week-by-week dedication and skill makes a tangible difference in the lives of our clients.
NEfwoRK COUNSELLING AND TRAINING LIMITED TRUSTEES. ANNUAL REPORT YEAR ENDED 31 JULY 2025 STATEMENT OF TRUSTEES, RESPONSIBILTIES The trustees Iwho are also directors of Network CoLJnselling & Training Limited for the purposes of company lawl are responsible for preparing the Trustees, Report lincorporaling the strategic report and directors. report) and the financial statements in accordance with applicable law and United Kingdom Accounting Standards. including Financial Reporting Standard 102.. The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Accepted Accounting Practice). Company law requires the trustees lo prepare financial statements for each financial year which give 8 true and fair view of the stale of affairs of the charitable company and of the income and expenditure, of the charitable company for that period. In preparing these financial statements, the Iruslees are required lo.. select suitable accounting policies and then apply them consistently., observe the methods and principles in the Charities SORP., make judgments and accounting estimates that are reasonable and prudent- slate whether applicable UK Accounting Standards have been followed, subject lo any material departures disclosed and explained in the financial statements., and prepare the financial statements on the going concem basis unless it is inappropriate to presume that the charitable company will continue in business. The Iruslees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and henee for taking reasonable steps for the prevention and detection of fraud and other irregularities. DECLARATION The annual report has been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006 and was approved by the Board of Trustees on.. 9th February. 2026 Signed on its behalf by= Eileen Cahill, Chair of Trustees
NEfwoRK COUNSELLING AND TRAINING LIMITED INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES YEAR ENDED 31 JULY 2025 Independenl examiner's roport to the trustees of Network Counsg11ing & Training Limited I'the Company'l I report to the charity Iruslees on my examination of the accounts of the Company for the year ended 31 July 2025. Responslbllltles and basls of report As the charity's trustees of the Company land also ils directors for the purposes of company lawl you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 20061'lhe 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 examinalion of your charty's accounts as carried out under section 145 of the Charities Act 2011 I'lhe 2011 Ael'l. In carrying out my examination I have followed Ihe Directions given by the Charity Commission under section 145151 Ibl of the 2011 Act. Indgpgndent gxamingr's Statgmgnt Since the Company s gross income exceeded £250,000 your examiner musl be a member of a body listed in section 145 of the 2011 Act. I confimi th81 l am qualified lo undertake the examination because l am a member of the Institute of Chartered Accountants in England and Wales, 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 lo believe- accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act., or the accounts do not accord with those records., or 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 'lrue and fair view which is not a matter considered as part of an independent examination., or the accounts have not been prepared in accordan 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 Republi¢ of Ireland IFRS 1021- I have no concerns and have come across no other mallers 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. ochkn LLiYttDIt Joshua Kingston Bsc IHonsl FCA Burton Sweet Limited The Clock Tower 5 Farfeigh Court Old Weston Road Flax Bourton Bristol BS48 1 UR Dale.. 9th February. 2026
NETWORK COUNSELLING AND TRAINING LIMITED STATEMENT OF FINANCIAL ACTIVITIES Ilncluding Income and Expenditure Account) YEAR ENDED 31 JULY 2025 Unrèstriet•d Funds R•striet•d Total Funds Totsl Funds Funds 2025 2024 Note Income from: Donations and legacies Other irading activities Investrnent income Charitable activities 35,060 26,778 3,454 300,424 29,000 64,060 26,778 3,454 300,424 50,139 19,188 2,624 272,241 Total incom• 365,716 29,000 394,716 344,192 Expenditure on: Raising funds Charitable activities 8,262 312,077 8,262 333,885 8,278 323,803 21,808 Total expendlture 320,339 21,808 342,147 332.081 Net incomellexpenditure 45,377 7,192 52,569 12,111 Transfers between fvnds 17 Net movement Sn funds 45,377 7,192 52,569 12,111 Total funds at 1 August 2024 17 569,838 36,551 606,389 594,278 Total funds at 31 July 2025 17 615,215 43,743 658,958 606,389 The charity has no r8cognised gains or losses Other than the results for th8 y8ar as s8t out abov8 l of the activities of the charity are classed as continuing Prior year fund comparatives are shown in note 11 Tha notès on pag•s 11 to 19 fomi part of th•sè flnanelal statèmants
NETWORK COUNSELLING AND TRAINING LIMITED BALANCE SHEET AS AT 31 JULY 2025 Company No. 01951370 2025 2024 Note Flxed Assets Tangible assets 12 834.115 849.358 Current Assets Debtors Cash at bank and in hand 13 7,128 170,782 177.910 3,449 132,017 135,466 Creditors = Arnounts falling du8 within one year 14 180,6191 194,9991 Current Assets Less Current Llabllltlgs 97,291 40,467 Creditors = Arnounts falling due after more than one year 15 1272,4481 1283,4361 Net assets 658.958 606.389 Funds Unrestricted funds 18 615,215 43,743 569,838 36,551 R•strietèd funds 18 658.958 606.389 For the year in question, the charitable company was entitled lo exemption from audrt under section 477 of the Companies Act 2006 relating to small companies. Director5, r85ponsibilit18s., The members have not required the Charitable eompany tts obtain an audit of its aeeounts for the year in question in accordance wth section 476. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These accounts have been prepared in accordance with the provisions applicable lo cornpanies subject to the srnall companies regime. These financial statements were approved by the trustees on 9th FÈbruary 2026 and are signed on their behalf by.. Eileen Cahill Chaii of Trust88S The notes on pages 11 to 19 forni part of these financial statements 10
NETWORK COUNSELLING AND TRAINING LIMITED NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2025 Accountlng pollcles al The financial statements have been prepared in accordance with the historical cost convention and in accordance with the Statement of Recommended Practice." Accounting and Reporting by Charities preparing their accounts in accordance with th8 Financi81 R8POrting Standard applicable in the UK and Republic of Ireland IFRS 1021 issued in October 2019 and the Companies Act 2006 and UK Generally Accepted Practice as it applies from 1 January 2019. The charity is a public bgnefit gntity as defined under FRS102. The trustees consider that there are no material uncertainties affeding the ability of the charity to continue as a going concern and therefore the financial statements are prepared on the going concern basis. Please see going concem cotllrnents in the Financial Review section ol the TtU5tee's Report for rnore details of this justification. bl Ml income is included in the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantrfied wth reasonable accuracy. cl Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of donation. dl Leg8cies are recognised when the Charity is legally entitled to the legacy and the arnount can be quantified wth reasonable accuracy. Entitlement is regarded as the earlier of the charity being notified ol an impending distribution or the legacy being received. el Expenditure is recognised in the period in which it is incurred. Expenditure includes attributable VAT which cannot b8 r8cov8r8d. Wher8 Costs cannot be direcuy attribut8d to particular activities they have been allocated on a basis consistent with the use of the resources. Raising funds costs are those incurred in seeking voluntsry ntrIbutIonS and do not include the costs of disseminating information in support ol the charitable activities. Support costs are those costs incurred direcdy in support of expendituie on the objects of the charity. Governance costs ale those incurred in connection with administration ol the charity and compliance with constitutional and stslutory requirements. gl Expenditure on tangibl& assets is capitalised if the cost of any it8rn exceeds £1,000. h) Depreciation is calculated so as to write off the cost of an asset, less its estimated residu81 value, over the useful life of that asset as follows.. Freehold Property Leasehold Propety Plant & Machinery Fixtures & fittings 2¥0 slr8ight lin8 50 years straight line 25 /0 straight line il Unrestricted funds are donations and other income received or generated lor the objects of the charity without further specified purpose and a available as general funds, unless designated by the Trustees. Il Restricted funds are to be used lor specific purposes as laid down by the donor. Expenditure which meets these ciiteria is Charged to the fund. kl The charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the charity to the fund in respect of the period.
NETWORK COUNSELLING AND TRAINING LIMITED NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2025 Donatlons and legacles Unrestricted Restricted Total Funds Funds Fund5 2025 Charitable donations and grants 35,060 29,000 64,060 35,060 29,000 64,060 Prior year comparative Unrestricted Restricted Total Funds Funds Funds 2024 Charitable donations and grants 45,139 5,000 50,139 45,139 5,000 50,139 3 Other trading activities Unrestricted Funds Restricted Total Funds Total Funds Funds 2025 2024 Room hire 26,778 26,778 19,188 26,778 26,778 19,188 All income from other trading activities in 2024 was unrestricted. Ineomè from eharitabl• aetiviti•s unstriCted Restricted Total Funds Funds Funds 2025 Training Counselling client payments 213,238 87,186 213,238 87,186 300.424 300.424 12
NETWORK COUNSELLING AND TRAINING LIMITED NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2025 Income from charitable activities {eontinuedJ Prior year comparative Unrestricted Restricted Total Funds Funds Funds 2024 Training Counsg11ing Client payments 203.273 68,968 203,273 68,968 272,241 272,241 Expendlture on ralslng funds Total Funds Totsl Funds 2025 2024 Fundraising costs 8,262 8,278 8,262 8,278 6 Charitsble adivities expenditu Total Funds Total Funds 2025 2024 Direct costs Premises costs Training costs Sundry counselling costs Counsellor supervision Wages and salaries Support costs Rent and rates Repairs and maintenance Cleaning 157 5,448 18,553 24,024 106,275 29.518 119,913 4,439 4,473 9,523 7,573 2,873 1,025 3,850 9,100 4,537 3,677 4,245 7,221 7,907 2.356 912 3,631 7,203 4,753 66 9.381 68,719 383 19,445 3,027 24.940 851 Printing, postage & stationery Telephone Insurance Legal & professional fees Sundry support costs Household costs IT Wages & salaries Other staff costs Depreciation Governance costs Inote 71 Loan interest Bad debts 4,729 83,325 1,268 19,827 2,872 22,393 3,226 333.885 323.803 13
NETWORK COUNSELLING AND TRAINING LIMITED NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2025 7 Governance Costs Total Funds Total Funds 2025 2024 Independent examiners fee. For current independent examination For current year accounts preparation Trust895 nieeting costs 1,656 1,104 112 1,494 996 537 2,872 3,027 Net Incomelexpendlture for the year Thls Is stated after charglng.. Total Funds Total Funds 2025 2024 Depreciation Independent examiner's fee Trustee expenses 19,827 2,760 19,445 2,490 475 No Trustees received any remunerab.on during the year or the previous year. No trustee was reimbursed for expensgs.12024.. One was reimbursgd £4751. Aggregate donations from Trustees. key managemenl personnel and related parties were £6.80012024'. £2,500). 9 Staff costs and numbers The aggregate payroll costs were.. Total Funds Total Funds 2025 2024 Wages and salaries Social security costs Employer's pension contributions 168,630 12,080 2,825 180,183 5,590 2,859 183,535 188.632 No employee received emoluments of m(>re than £60,000. The Truste85 consider therns8lv85, along with th8 Chief Ex8CUtiV8 and H8ad of training to be the key management personnel of the charity. During the year, the Chief Executive was paid lolal employment benefits Igross salary, employer's Nl and employees pension) of £35,69412024". £33,927). Empltsymenl benefits lor both key management p8rsonnel tot811ed £61,734. 14
NETWORK COUNSELLING AND TRAINING LIMITED NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2025 9 Staff eosts and numbers {continuodJ Th8 av8rag8 numb8r of 8rnpIoy8es during th8 year was as follows.. Total 2025 No. Total 2024 No. Average headcount of employees 13 10 Taxation The charity is exempt from corporatitsn tax tsn its charitable activities. 11 Prior year fund comparative5 un$tricted Restricted Total Funds Funds Funds 2024 Income from= Donations and legacies Other trading activities Investtn8nt incorne Charitable activities 45,139 19.188 2,624 272,241 5,000 50,139 19.188 2,624 272,241 Total Incom8 339,192 5,000 344,192 Expenditu on- Raising funds Charitable activities 8,278 322.549 8,278 323.803 1,254 Total expendlture 330.827 1,254 332.081 Net expendlture 8,365 3,746 12,111 Transfeis between funds Total funds at 1 August 2023 561,473 32,805 594,278 Total funds at 31 July 2024 569.838 36.551 606.389 15
NETWORK COUNSELLING AND TRAINING LIMITED NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2025 12 Tanglble flxed assets Freehold Property Leasehold Property Plant & Machinery Fixtures & Fittings Total Cost At 1 August 2024 Additions 928,889 43.361 46.290 42,093 1,060.633 4,584 4,584 At 31 July 2025 928,889 43,361 46,290 46,677 1,065,217 Depreciation At 1 August 2024 Charge lor the year 111,469 18,578 11,423 46,290 42,093 382 211,275 19,827 At 31 July 2025 130,047 12,290 46,290 42,475 231,102 Net book valuè At 31 July 2025 798.842 31,071 4,202 834,115 At 31 July 2024 817,420 31,938 849.358 The leasehold property, leasehold improvements and eertain other assets are situated in Kntswle, Bristol and are used by our partner ch8rity, Filwood Hope (see note 171- The trustees have chosen to Carry the above freehold property at eost less depreciation. 13 Debtors 2025 2024 Other debtors 7,128 3,449 7,128 3,449 14 Credltors.. amounts falllng due wlthln one year 2025 2024 Social security and other taxes Accruals and deferred income Other creditors 8,179 31,569 40,871 50,698 44,235 80.619 94.999 16
NETWORK COUNSELLING AND TRAINING LIMITED NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2025 15 Credltors.. amounts falllng due after more than one year 2025 2024 Other cr8ditors 272,448 283,436 272,448 283,436 Included within other creditors due within 1 year and after more than 1 year is a loan frorn Triodos Bank. The Bank holds a fixed and floating charge over the land at Elm Park. Filton, Bristol as security for repayment of the loan. 16 D*f•rr•d incom• Deferred income comprises ol receipts in advan of courses that had not been undertaken during the year. 2025 2024 Balance as 8t 1 August 2024 Atnount leaSed to income from charitable activities Amount deferred in the year Balance as at 31 July 2025 40,996 130,3761 10.900 21,520 20.304 113,7941 34.486 40,996 17 Movement in fund¥ At 1Aug 2024 At 31 Jul 2025 Income Expenditure Transfers Unrestricted fvnds General ieserve 569,838 365,716 1320,3391 615,215 569,838 365,716 1320,3391 615,215 Restricted funds Filwood Hope Clinical lead salary Curriculum Update A¢$S Fund 31,938 18671 110,2641 15501 110,1271 31,071 9,736 20,000 550 8,450 4,613 2,936 36,551 29,000 121,8081 43,743 Total funds 606,389 394,716 1342,1471 65e,958 The majority of our supporters donate towards the work of NeOrk as a whole, entrusting us to steward Iheir donation5 well and use thetn where they ale most needed. Some funds are donated with specific requirernents around what they are spent on. 17
NETWORK COUNSELLING AND TRAINING LIMITED NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2025 17 Movement In funds Icontlnued...) RestriGlecl funcls Filwood Hope- The Filwood Hope fund was set up during the year ended 30 June 1994 when the company received a gift of £60,000 from the Mervyn Scott-Lindsey Trust to enable the setting up of a drop-in centre in the Knowle West district of Bristol. The oompany purchased 8 leasehold property in Knowle West wth 8 terrn of 123 years lor the use of Filwood Hope Project. Substantial improvements were made to the property using funds designated for the purpose. The Filwood Hope Project now operales as a separate ehaiity with its own trustees. The moverrents above represent the depreciation of the original investment in the property and the subsequent improvements. Acc8ss fund- This n8w project allows N8twork to offer couns811ing at a significantly r8duc8d c05t for cli8nts who would otherwise not be able to afford counselling. Clinical lead salary- This fund allows Network to offer counselling at a significantly reduced cost to those clients whos8 circumstances mean they COLJld not oth8rwi58 afford it. Curriculum Update- This fund pays the salary ol the staff managing our counselling service. Movement in funds- prior year At 1Aug 2023 At 31 Jul 2024 Income Expenditure Transfers Unrestricted funds General reserve 561,473 339,192 1330,8271 569,838 561,473 339,192 1330,8271 569,838 Restricted fund5 Filwood Hope AcsS Fund 32,805 18671 13871 31,938 4.613 5,000 32,805 5,000 1,254 36.551 Total funds 594.278 344.192 332.081 606.389 18
NETWORK COUNSELLING AND TRAINING LIMITED NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 JULY 2025 18 Analysls of net assets beiween funds Unrestricted Funds Restricted Total Fund5 Funds 2025 Tangible fixed assets Loans Other net assets 803,044 1309,5291 121,700 31,071 834,115 1309,5291 134,372 12,672 615,215 43,743 658,958 Analysls of net assets between funds . prlor year Unr85tricted FLbnds Restricted Total Funds Funds 2024 Tangible fixed assets Loans Other net assets 817,420 1327.1851 79,603 31,938 849,358 1327,1851 84,216 4,613 569,838 36,551 606,389 19 Company limited by guarantee The company is lirnited by guarantee and as such ha5 no issued share Capital. In the èvent of the company being wound up the liability of the members is limited to £10 each. 20 Related party transactlons There ar8 no furth8r relat8d p8ty transactions in this y88r or the prior y8ar other than those reported elsewh8re in these financial statements. 19