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2025-03-31-accounts

THE CENTRE FOR BETTER HEALTH LIMITED

FINANCIAL STATEMENTS

31 MARCH 2025

Company Registration Number 01949363 Registered Charity Number 292944

EDMUND CARR LLP

Chartered Accountants & Registered Auditors 146 New London Road Chelmsford Essex CM2 0AW

THE CENTRE FOR BETTER HEALTH LIMITED

FOR THE YEAR ENDED 31 MARCH 2025

CONTENTS

Charity information 1
The directors' report 2
Independent auditors' report to the members 7
Statement of financial activities 11
Balance sheet 12
Statement of cash flows 13
Notes to the financial statements 14

THE CENTRE FOR BETTER HEALTH LIMITED

FOR THE YEAR ENDED 31 MARCH 2025

CHARITY INFORMATION

Directors R B McNeill
L Dolby, RN, RMN, Dip HE Mental Health
D E Mannifield
A Afilaka BABCP (accred)
F V Whitbread (appointed 15 May 2024)
Auditors Edmund Carr LLP
146 New London Road
Chelmsford
Essex
CM2 0AW
Bankers National Westminster Bank plc
PO Box 8030
20 Amhurst Road
London
E8 1JJ
Company Number 01949363
Charity Number 292944
Registered Office 1A Darnley Road
Hackney
London
E9 6QH

1

THE CENTRE FOR BETTER HEALTH LIMITED

THE DIRECTORS' REPORT

FOR THE YEAR ENDED 31 MARCH 2025

The directors present their report and accounts for the year ended 31 March 2025.

The financial statements have been prepared in accordance with the accounting policies set out in the notes to the accounts and comply with the charity’s governing document, the Charities Act 2011 and 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), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

CONSTITUTION

The charity is constituted as a company limited by guarantee, and is therefore governed by a memorandum and articles of association.

DIRECTORS AND TRUSTEES

The directors of the company as listed on page 1 are its trustees for the purpose of charity law.

The Board has the power to appoint additional directors, as it considers fit.

Any board member may propose the appointment of a new trustee. If the board agrees the prospective trustee is invited for informal discussions with nominated board members and, if appropriate, to attend one or more board meetings. All new trustees are given a copy of the Charity Commission publication CC3 – “The Essential Trustee: What You Need To Know” and confirm that they have read, understood and accept the responsibilities involved. Existing trustees are kept up to date by referring to charity commission updates and relevant publications.

All trustees give their time voluntarily; no trustee received any benefits. Details of reimbursed expenses are disclosed in note 18.

ORGANISATION, OBJECTIVES AND ACTIVITIES FOR THE PUBLIC BENEFIT

The Centre for Better Health supports wellbeing and recovery from mental ill health. Through our services, we support individuals to achieve personal growth, improved wellbeing and quality of life, and employment progression where relevant. Our vision is for individuals to lead satisfying and hopeful lives in a society without any stigma around mental ill health.

The charity is administered by a board of Trustees who meet quarterly and administer the charity. A director of operations is appointed by the trustees to manage the day to day running of the charity.

The trustees confirm that they have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the charity’s aims and objectives and in planning future activities.

2

THE CENTRE FOR BETTER HEALTH LIMITED

THE DIRECTORS' REPORT (continued)

FOR THE YEAR ENDED 31 MARCH 2025

REVIEW OF DEVELOPMENTS

As of the year-end, the organisation employs 12 full time staff and 10 part time staff.

The delivery of services also relies on the valuable contribution in time and commitment from volunteers. Over the course of the last year this has amounted to approximately 5,901 hours.

COUNSELLING / PSYCHOTHERAPY SERVICE

The Counselling Service is delivered at the Darnley Road Centre. It is a low cost service which makes it accessible for people who might not otherwise have access to talking therapies. The offering can be for up to one year, with individuals self-referring to the service. Clients are also signposted to the service by a variety of statutory bodies including social workers, local primary and secondary care.

A look back at the past year

366 people accessed weekly counselling

87% reported an improvement in quality of life (of these, 76% made ‘reliable’ change)

98% were satisfied or very satisfied with the service

98% would recommend the service to others

BETTER HEALTH HUB

Our Hub offers a range of low-cost creative, movement and therapeutic groups and courses to support self-care and promote wellbeing.

A look back at the past year

We delivered an exciting programme of activities including painting, collage, printmaking, weaving, embroidery, pop-up books, writing for wellbeing, herbal craft, flower arranging, ceramics, personal development and yoga.

Our groups and courses included:

18 arts, crafts and creative courses, including painting, collage, printmaking, weaving, embroidery, pop-up books, writing for wellbeing, herbal craft and flower arranging

16 pottery courses, including introductory and intermediate courses on hand building and throwing, Japanese techniques, sculptural ceramics, vessels, and tea sets

3 personal development groups

4 yoga courses, including trauma-informed yoga, gentle yoga and yoga for women

3

THE CENTRE FOR BETTER HEALTH LIMITED

THE DIRECTORS' REPORT (continued)

FOR THE YEAR ENDED 31 MARCH 2025

41 groups and courses delivered

442 enrolments – 83% places funded by the City and Hackney Wellbeing Network

94% were satisfied or very satisfied with the service

97% would recommend the course or group they did to others

PATHWAYS TO BETTER HEALTH

Pathways was a pilot outreach and support service, which offered individualized, flexible support for 1825-year-olds living in City and Hackney who were struggling with their wellbeing. Whilst it was not a counselling service, we offered a safe, supportive space to talk about how young adults were feeling and provided practical support to help. Pathways launched as a pilot project in September 2022 and ran until December 2024. During this time, we supported 60 young adults with matters ranging from GP registration and referrals to specialist services, to job-hunting support and applying for personal health budgets.

SOCIAL ENTERPRISE

We run 12-week training placements in our social enterprise bike shop to help build employment skills and provide routes into work. Our placements are for adults who are out of work, or in jobs that they do not enjoy, and are struggling with their mental health.

A look back at the past year

16 referrals received

9 trainees completed placements in the bike shop

67% reported an improvement in quality of life (of these, 100% made ‘reliable’ change)

All said they would recommend the placement to others

2 of our trainees went on to do a City and Guilds Level 2 bike mechanic qualification.

4

THE CENTRE FOR BETTER HEALTH LIMITED

THE DIRECTORS' REPORT (continued)

FOR THE YEAR ENDED 31 MARCH 2025

RESERVES POLICY AND RISK MANAGEMENT

The company carries out a variety of long-term projects. The trustees have examined the requirement for free reserves which are those unrestricted funds not invested in fixed assets, designated for specific purposes or otherwise committed.

The free reserves at 31st March 2025 amount to £39,536. The trustees consider that to enable its existing projects to continue for the coming year reserves of £250,000 will be needed and it will require donations to meet the balance. Since the balance sheet date donations have been sought and obtained to cover the current shortfall which will enable the charity to continue with the projects on hand.

The trustees actively review the major risks that the charity faces on a regular basis and believe that maintaining the free reserves at the level stated above, combined with an annual review of the controls over key financial systems carried out through an internal audit programme, will provide sufficient resources in the event of adverse conditions. The trustees have also established other operational and business risks that CBH faces and confirm they have established systems to mitigate the significant risks.

FINANCIAL POSITION

The Financial Statements and Notes which follow this report have been prepared in accordance with the Charities Act 2011 and 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), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

The SOFA shows a surplus for the year of £286.

The year-end financial position, reflected by the balance sheet, is considered satisfactory. At 31st March 2025, the company had total net assets of £39,356, of which £36,113 represented undesignated unrestricted funds, and £3,243 represented restricted funds. Free reserves, excluding the net book value of fixed assets, is £33,374.

Budgeting will continue on a prudent basis to ensure that The Centre for Better Health maintains a strong financial position to meet the challenges that lie in the years ahead.

5

THE CENTRE FOR BETTER HEALTH LIMITED

THE DIRECTORS' REPORT (continued)

FOR THE YEAR ENDED 31 MARCH 2025

STATEMENT OF DIRECTORS’ RESPONSIBILITIES

The trustees (who are also directors of The Centre for Better Health Ltd for the purposes of company law) are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for the year. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity 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 charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the directors are aware:

SMALL COMPANY PROVISIONS

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

AUDITORS

Edmund Carr LLP are deemed to be re-appointed under section 487(2) of the Companies Act 2006.

BY ORDER OF THE BOARD

........................ R B McNEILL Director

............................ 2025

6

THE CENTRE FOR BETTER HEALTH LIMITED

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS

FOR THE YEAR ENDED 31 MARCH 2025

Opinion

We have audited the financial statements of The Centre for Better Health Ltd (the ‘charitable company’) for the year ended 31 March 2025 which comprise the Statement of Financial Activities, the Balance Sheet, the Statement of Cash Flows and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is 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 Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the directors' report, other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information contained within the directors' report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

7

THE CENTRE FOR BETTER HEALTH LIMITED

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS (Continued)

FOR THE YEAR ENDED 31 MARCH 2025

Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the Statement of Directors’ Responsibilities, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the financial statements

We have been appointed as auditor under section 145 of the Charities Act 2011 and report in accordance with regulations made under section 154 of that Act.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

8

THE CENTRE FOR BETTER HEALTH LIMITED

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS (Continued)

FOR THE YEAR ENDED 31 MARCH 2025

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud.

Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was as follows:

We assessed the susceptibility of the company’s financial statements to material misstatement, including obtaining an understanding of how fraud might occur by:

To address the risk of fraud through management bias and override of controls, we:

In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

9

THE CENTRE FOR BETTER HEALTH LIMITED

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS (Continued)

FOR THE YEAR ENDED 31 MARCH 2025

As part of an audit in accordance with ISAs (UK), we exercise professional judgment and maintain professional scepticism throughout the audit. We also:

We communicate with those charged with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant deficiencies in internal control that we identify during our audit.

Use of our report

This report is made solely to the charitable company’s trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charitable company’s trustees those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company’s trustees as a body, for our audit work, for this report, or for the opinions we have formed.

EDMUND CARR LLP 146 New London Road Statutory Auditor Chelmsford Essex CM2 0AW

................................... 2025

Edmund Carr LLP is eligible to act as an auditor in terms of section 1212 of the Companies Act 2006.

10

THE CENTRE FOR BETTER HEALTH LIMITED

STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT)

FOR THE YEAR ENDED 31 MARCH 2025

Notes
Income from:
Grants and donations
2
Income from Investments: Deposit interest received
Income from Charitable activities
Other income from charitable activities
3
Total Income
Expenditure on:
Charitable activities
4
Total Expenditure
7
Net Income
Transfer between funds
Net Movement in Funds
Total funds brought forward at 1 April 2024
Total funds carried forward at 31 March 2025		 Unrestricted
Funds
2025
£
358,172
91
247,649
605,912
608,869
608,869
(2,957)
-
(2,957)
39,070
36,113		 Restricted
Funds
2025
£
43,200
-
-
43,200
39,957
39,957
3,243
-
3,243
-
3,243		 Total
Total
Funds
Funds
2025
2024
£
£
401,372
513,460
91
137
247,649
230,418
649,112
744,015
648,826
740,948
648,826
740,948
286
3,067
-
-
286
3,067
39,070
36,003
39,356
39,070

The statement of financial activities includes all gains and losses recognised during the year.

All the activities of the charitable company are from continuing operations.

11

THE CENTRE FOR BETTER HEALTH LIMITED

BALANCE SHEET

AS AT 31 MARCH 2025

Notes
FIXED ASSETS
Tangible Assets
11
CURRENT ASSETS
Debtors
12
Cash at bank and in hand
CREDITORS : Amounts falling
due within one year
Other creditors
13
NET CURRENT ASSETS
NET ASSETS
CAPITAL AND RESERVES
Unrestricted funds
15
Restricted funds
TOTAL FUNDS		 2024
£
£
£
£
2,739
3,629
74,920
118,464
2,541
4,043
77,461
122,507
40,844
87,066
36,617
35,441
39,356
£39,070
36,113
39,070
3,243
39,356
£39,070
2025		 2024
£
£
£
£
2,739
3,629
74,920
118,464
2,541
4,043
77,461
122,507
40,844
87,066
36,617
35,441
39,356
£39,070
36,113
39,070
3,243
39,356
£39,070
2025
£39,070
39,070
£39,070

For the year ending 31 March 2025 the company is entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies but as this company is a charity, it has opted for an audit under the Charities Act 2011.

Directors' responsibilities:

These financial statements have been prepared in accordance with the provisions of the Companies Act 2006 applicable to companies subject to the small companies regime.

Approved by the Board on …........................ 2025.

R B McNEILL

Company Registration Number: 01949363

12

THE CENTRE FOR BETTER HEALTH LIMITED

STATEMENT OF CASH FLOWS

FOR THE YEAR ENDED 31 MARCH 2025

Notes
Cash flows from operating activities
Net movement in funds for the financial year
Adjustments for:
Depreciation of tangible assets
11
Dividends and interest received
Changes in:
Trade and other debtors
12
Trade and other creditors
13
Cash generated from operations
Net cash (used in)/from operating activities
Cash flows from investing activities
Dividends and interest received
Fixed assets purchases
Net increase/(decrease) in cash and cash equivalents
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of year		 2025
£
286
1,412
(91)
43,544
(46,222)
(1,071)
(1,071)
91
(522)
(431)
(1,502)
4,043
2,541		 2024
£
3,067
1,448
(137)
(40,209)
39,343
3,512
3,512
137
(2,049)
(1,912)
1,600
2,443
4,043

13

THE CENTRE FOR BETTER HEALTH LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1) Accounting policies

The trustees consider that there are no material uncertainties about the charitable company's ability to continue as a going concern nor any significant areas of uncertainty that affect the carrying value of assets held by the charitable company.

The Centre for Better Health Limited meets the definition of a public benefit entity under FRS 102.

The Centre for Better Health Limited is a private charitable company limited by guarantee incorporated in England and Wales.

b) Depreciation

The cost of fixed assets is written off over their estimated useful lives at the following annual rates:

Equipment 20% straight line Motor Vehicles 20% straight line

c) Income

Income from donations and grants, including capital grants, is included in incoming resources when these are receivable. Interest receivable is included when received by the charity. Legacies are accounted for when receivables as long as they are capable of financial measurement. Counselling fees and community hub income are recognised when the session or activity take place.

d) Expenditure

Resources expended are included in the Statement of Financial Activities on an accruals basis including irrecoverable VAT.

Support costs are allocated on the basis of hours spent by management and administrative staff on each individual project.

14

THE CENTRE FOR BETTER HEALTH LIMITED

NOTES TO THE FINANCIAL STATEMENTS (continued)

FOR THE YEAR ENDED 31 MARCH 2025

e) Fund Accounting

Funds held by the charity are either:

· Unrestricted general funds – these are funds that can be used in accordance with the charitable objectives at the discretion of the trustees.

· Designated funds – these are funds that are set aside by the trustees out of unrestricted general funds for specific future purposes or projects.

f) Debtors

Trade and other debtors are recognised at the settlement amount due. Prepayments are valued at the amount prepaid.

g) Creditors

Creditors are recognised where the charity has a present obligation resulting from a past event that will result in the transfer of funds to a third party and the amount due to settle the obligation can be estimated reliably.

h) Pension costs

The charitable company operates a defined contribution scheme. The assets of the scheme are held separately from those of the charitable company. The annual contributions payable are charged to the Statement of Financial Activities.

i) Financial instruments

The charitable company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value.

j) Government grants

Government grants are recognised at the fair value of the assets received or receivable. Grants are not recognised until there is reasonable assurance that the company will comply with the conditions attaching to them and the grants will be received.

15

THE CENTRE FOR BETTER HEALTH LIMITED

NOTES TO THE FINANCIAL STATEMENTS (continued)

FOR THE YEAR ENDED 31 MARCH 2025

2) Grants and donations

Donations
Trusts and foundations		 Darnley
Road
£
3,172
355,000
358,172		 Better
Health
Hub
£
-
43,200
43,200		 Total
2025
£
3,172
398,200
401,372		 Total
2024
£
51,527
461,933
513,460

£358,172 of grant and donation income in the current year was unrestricted (2024: £478,527) and restricted was £43,200 (2024: £34,933).

3) Other Income From Charitable Activities

Counselling income
Wellbeing Network Funding
Better Health Hub
Personalised Budget		 Darnley
Road
£
144,728
91,210
4,011
7,700
247,649		 Total
2025
£
144,728
91,210
4,011
7,700
247,649		 Total
2024
£
127,821
83,814
5,283
13,500
230,418

All income from charitable activities in the current and prior years was unrestricted.

4) Expenditure on Charitable Activities

Charitable activities
Governance costs		 Governance
costs
(note 6)
-
13,500
13,500		 Activities
undertaken
directly
£
426,687
-
426,687		 Support
costs
(note 5)
£
208,639
-
208,639		 Total
2025
£
635,326
13,500
648,826		 Total
2024
£
724,160
16,788
740,948

£608,870 of charitable expenditure in the current year was unrestricted (2024: £706,015) and restricted was £39,957 (2024: £34,933).

16

THE CENTRE FOR BETTER HEALTH LIMITED

NOTES TO THE FINANCIAL STATEMENTS (continued)

FOR THE YEAR ENDED 31 MARCH 2025

5) Support Costs

Staff costs
Premises other
Other office costs
Cleaning and maintenance
Depreciation and profit on disposal
Bank charges
Legal and professional		 Total
Total
2025
2024
£
£
100,473
119,527
9,587
8,537
54,707
52,745
31,713
24,939
1,412
1,448
1,142
1,155
9,605
46,500
208,639
254,851

Support costs are allocated on the basis of hours spent by management and administrative staff on each individual project.

6) Governance Costs

Audit fees
Accountancy and other fees		 Total
Total
2025
2024
£
£
6,300
6,300
7,200
10,488
13,500
16,788

17

THE CENTRE FOR BETTER HEALTH LIMITED

NOTES TO THE FINANCIAL STATEMENTS (continued)

FOR THE YEAR ENDED 31 MARCH 2025

7)
Total Expenditure
Staff
Costs
£
(note 8)
Direct and support costs
496,059
Governance costs
-
496,059
8)
Staff Costs
Wages and salaries
Employers national insurance
Employers defined contribution pension
Redundancy costs		 Depreciation
£
1,412
-
1,412		 Other
Costs
£
(note 9)
137,855
13,500
151,355		 Total
2025
£
635,326
13,500
648,826
2025
£
455,459
32,967
7,633
-
496,059		 Total
2024
£
724,160
16,788
740,948
2024
£
497,644
37,721
9,113
16,161
560,639

One employee received remuneration between £60,000 and £70,000. No trustees received any remuneration.

The key management personnel of the charity comprise the trustees, the Director of Operations and the services managers. The total employee benefits of the key management personnel were £127,899 (2024: £169,985).

The average number of employees by head count, analysed by function, was:
Services
Management and administration of the charity
9)
Other costs
Premises other
Other office costs
Cleaning and Maintenance
Audit Fees
Bank charges
10) Net Income
This is stated after charging:
Auditors' remuneration
Accounts preparation		 6
15
21
14,483
97,717
31,713
6,300
1,142
151,355
6,600
2,380		 9
15
24
12,200
134,267
24,939
6,300
1,155
178,861
6,300
2,268

18

THE CENTRE FOR BETTER HEALTH LIMITED

NOTES TO THE FINANCIAL STATEMENTS (continued)

FOR THE YEAR ENDED 31 MARCH 2025

11)
Tangible Fixed Assets
Cost
At 1 April 2024
Additions
Disposals
At 31 March 2025
Depreciation
At 1 April 2024
Charge for year
On disposals
At 31 March 2025
Net book values
At 31 March 2025
At 31 March 2024
12)
Debtors
Related undertakings
Prepayments
13)
Creditors: Amounts falling due within one year
Accounts payable
Accruals
Other taxes and social security
Sundry creditors		 Furniture
and
Equipment
£
12,868
522
-
13,390
9,239
1,412
10,651
2,739
3,629
2025
£
66,961
7,959
74,920
2025
£
7,128
18,331
8,702
6,683
40,844		 Total
£
12,868
522
-
13,390
9,239
1,412
-
10,651
2,739
3,629
2024
£
105,181
13,283
118,464
2024
£
7,858
66,139
6,386
6,683
87,066

14) Called up share capital

The company is limited by guarantee and does not have share capital. The subscribers to the company's Memorandum and Articles of Association have undertaken to pay £1 each in the event of the liquidation of the company.

19

THE CENTRE FOR BETTER HEALTH LIMITED

NOTES TO THE FINANCIAL STATEMENTS (continued)

FOR THE YEAR ENDED 31 MARCH 2025

15) Restricted funds

Current year:
a) NHS England - Pathways to
Better Health
Prior year:
a) NHS England - Pathways to
Better Health		 Balance
1 April
2024
£
-
-
Balance
1 April
2023
£
-
-		 Incoming
Outgoing
£
£
43,200
39,957
43,200
39,957
Incoming
Outgoing
£
£
34,933
34,933
34,933
34,933
Movement in Resources
Movement in Resources		 Balance
31 March
2025
£
3,243
3,243
Balance
31 March
2024
£
-
-

a) For an outreach and personalised support service for 18-25-year-olds living in City and Hackney and trainee programme.

16) Analysis of Net Assets Between Funds

Current year:
Unrestricted Funds
Restricted funds
Prior year:
Unrestricted Funds		 Tangible
Fixed Assets
£
2,739
-
2,739
Tangible
Fixed Assets
£
3,629
3,629		 Net Current
Assets
£
33,374
3,243
36,617
Net Current
Assets
£
35,441
35,441		 Total
£
36,113
3,243
39,356
Total
£
39,070
39,070

20

THE CENTRE FOR BETTER HEALTH LIMITED

NOTES TO THE FINANCIAL STATEMENTS (continued)

FOR THE YEAR ENDED 31 MARCH 2025

17) Volunteers Expenses

During the year, volunteers delivered a total of 5,901 hours to our counselling service and our social enterprise

18) Trustees Expenses

No trustees were reimbursed any expenses in the current or prior year.

No trustees or connected persons received any remuneration either directly or indirectly.

19) Taxation

The company is a registered charity and is entitled to those reliefs from taxation which are available to charities.

20) Related Party Transactions

There is no ultimate controlling party.

The majority of the directors of the company are also the trustees of the Psychiatric Rehabilitation Association and directors of Better Health Products Limited.

During the year a grant of £239,000 (2024: £305,000) was received from The Psychiatric Rehabilitation Association and £116,000 (2024: £122,000) was received from Better Health Products Limited.

The amounts due from related undertakings as detailed in notes 9 are as follows:-

Psychiatric Rehabilitation Association
Better Health Products Limited		 2025
2024
£
£
61,413
104,909
5,548
272
66,961
105,181

21