OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2022-03-31-accounts

Registered Company Number - 01345530 Register <;:harity Number - 299307

FRIEND COUNSELLING (LONDON) LTD (KNOWN AS LONDON FRIEND)

ANNUAL REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022

FRIEND COUNSELLING (LONDON) LTD (KNOWN AS LONDON FRIEND)

CONTENTS PAGE
Trustees' report 2-10
Independent Examiner's report 11
Statement of financial activities 12
Balance sheet 13
Notes to the financial statements 14-22

•

FRIEND COUNSELLING (LONDON) LTD (KNOWN AS LONDON FRIEND)

Board of Trustees Report

For the year ended 31 March 2022

The trustees present their annual report and the financial statements for the year ended 31 March 2022.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Memorandum and Articles of Association, the Companies Act 2006 and 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102)' (as amended for accounting periods commencing from 1 January 2019).

Charitable objectives and activities

London Friend has been at the forefront of lesbian, gay, bisexual and transgender (LGBT) activism and service provision since the early 1970's - we celebrate our 50[th ] birthday in 2022. London Friend is a vibrant LGBT health and well-being charity with a wide portfolio of well-established services and a range of newer initiatives aimed at meeting the needs of the LGBT community.

London Friend exists to improve the health and well-being of people who are lesbian, gay, bisexual, or transgender, or in doubt about their sexual orientation or gender identity. Where necessary, support is also provided to families and friends of LGBT people.

London Friend works to provide services to LGBT people where those provided by mainstream services do not appropriately meet the needs of LGBT people, for whatever reason.

Our Values

Empowerment, Equality, Competence and Care

Staff and volunteers

During the year, London Friend had the following core members of staff: Chief Executive,

2

FRIEND COUNSELLING (LONDON) LTD (KNOWN AS LONDON FRIEND)

- Board of Trustees Report Continued!

For the year ended 31 March 2022

Staff and volunteers - continued

London Friend also contracted the services of a finance officer.

London Friend has a policy of engaging LGBT volunteers in the delivery of its services to clients, and it is dependent on the support of these volunteers for the running of the organisation. During the course of the year 92 people volunteered time with the organisation in structured volunteering roles, including counsellors, Antidote key workers, group facilitators, clinical supervisors, trustees, and administrative support. 69 were newly recruited during the year.

Volunteer numbers dropped due to the earlier stages of Covid 19 and national lockdowns and restrictions. The impact of this was seen in data for 2021/22 with fewer active volunteers overall. However, recruitment began to increase again with the reintroduction of in-person services and resulted in an 86% increase in new volunteers recruited throughout the year when compared with 2020/21.

All the volunteers received a full induction, together with specific training relating to their area of work. The counsellors received fortnightly clinical supervision.

Public benefit

The charitable objectives and activities, and achievement sections of this report clearly set out the activities that London Friend undertakes for the public benefit.

Significant achievements within the year

2021/22 saw London Friend continue to deliver its services to support the health and wellbeing of LGBT people supported by existing and new funders. We continued existing partnerships and developed new ones and played a strategic role working as a member of the National LGBT Partnership .

As with all charities, Covid-19 continued to have an impact on our work during the year. We continued to provide services online and operated a remote working method for a large part of the year for staff and volunteers. We also reintroduced in-person services as national restrictions were further lifted. We intend to continue to operate a mixed delivery of in-person and online services.

We installed a new ventilation system in our building to enable us to work in a Covid-secure way and reopen all of our building for in-person services.

In 2022, we celebrate our 50 [th ] Birthday as a charity. We held several events and activities through the calendar year to mark this, including a project called 50 LGBTQ+ Londoners, where we celebrated the impact of people who had made a significant contribution to LGBTQ+ community life in the capital during our 50 years of operation. We began work on a heritage project supporting teams of volunteer researchers to explore archived materials and tell the history of the charity through a website. This work continued into the 2022/23 reporting period, with the heritage website launched in November 2022.

3

FRIEND COUNSELLING (LONDON) l TD (KNOWN AS LONDON FRIEND)

- Continued Board of Trustees Report

For the year ended 31 March 2022

Significant achievements within the year - continued

Some of the significant achievements within the year included:

  1. Income for the year was £618,358. This included funding from the Lloyds Bank Foundation; The Leathersellers' Charitable Fund; The National LGBT Partnership; SASH Partnership; SAWS Partnership; London LGBT Domestic Abuse Partnership; the London Boroughs of Lambeth, Southwark and Lewisham; the City and Hackney Recovery Partnership; the Kusuma Trust; and Covid-19 response funding via Mind, the National Lottery Community Fund plus their Awards For All programme; The National Lottery Heritage Fund; the Clothworkers Foundation; and the London Community Response Fund Waves 4 and 5 .

  2. We continued to deliver alcohol and drug support for LGBT people via our Antidote service. This service remains the main drug and alcohol service in the UK specifically run by and for LGBT people. Our expertise is this area has been shared through training and capacity building work.

  3. We continued to provide services as a member of the LGBT Domestic Abuse Partnership as a counselling provider. This Partnership, led by Galop and with Stonewall Housing, was refunded from April 2022 for 4 years.

4. We continued a contract with the London Boroughs of Lambeth, Southwark and Lewisham to provide specialist chemsex services and support in the Boroughs. This includes capacity building with local services to improve their ability to support chemsex clients.

  1. 2021/22 was the fifth year in the SASH Partnership, to deliver sexual health support in the three central London Boroughs of Westminster, Kensington & Chelsea, and Hammersmith & Fulham. Led by Turning Point with Metro, and Naz, the service works as a multi-agency, multi-disciplinary team. London Friend provides leadership on LGBT work through two full­ time and one part-time roles. SASH was recommissioned by Westminster and Kensington & Chelsea from April 2022 and funded for an extra year by Hammersmith & Fulham.

  2. London Friend continued as a member of the National LGBT Partnership, a group of England-wide LGBT organisations working collectively as a member of the Department of Health's Voluntary Sector Health and Wellbeing Alliance. This is a mechanism via which the Department (DH), Public Health England (PHE) and NHS England engage with the voluntary sector.

  3. We began a new three-year partnership with ELOP and LGBT HERO delivering mental health support. This is funded by the National Lottery Community Fund for three years from January 2022. We are the lead partner. This builds on two previously funded partnerships with these charities.

4

FRIEND COUNSELLING (LONDON) LTD (KNOWN AS LONDON FRIEND)

Board of Trustees Report - Continued

For the year ended 31 March 2022

Significant achievements within the year - continued

  1. We continued to work on a coordinated response to chemsex and crime with partners including the Metropolitan Police and Probation who have developed Project Sagamore as a multi-agency approach.

  2. We continued our partnership with Turning Point and Mind in the City, Hackney and Waltham Forest (Mind CHWF) to deliver a substance misuse service in the City of London and Hackney. We are a subcontracted provider, with the contract funding two full time LGBT recovery workers. From September, we also provided an additional LGBT worker to the partnership as part of a pilot in Hackney funded by the Government's Project ADDER, a multi-agency approach to addressing substance use and crime.

  3. We ran a series of wellbeing events during summer 2021 branded as our Summer Camp. These were at a large external venue enabling us to reintroduce in-person 4services in a Covid-secure way.

  4. We supported a research project called Digital Intimacies which looked at the way gay, bisexual, trans and other queer men use digital technologies in their personal lives. The project found some interesting outcomes that challenged some of the stereotypes about the use of digital platforms and dating apps by this group, which are helpful to our work supporting men engaged in chemsex.

  5. We embarked on an exercise reviewing our approach to Equality, Diversity and Inclusion (EDI), which was supported by our funder Lloyds Bank Foundation through their Enhance programme of additional support for funded charities. We worked with an external consultant to review our policies, procedures and EDI data, which produced a set of recommendations. Our Board is now leading this programme of work to improve EDI and representation across the charity .

  6. We continued to engage closely with our LGBT and related sector colleagues, including via the LGBT Consortium; National LGBT Partnership; and the office of the NHS England LGBT Health Adviser. This provided important networking opportunities and mutual support between LGBT charities and organisations facing the same unprecedented challenges of sustaining services and vital support during the pandemic and lockdowns.

5

FRIEND COUNSELLING (LONDON) LTD (KNOWN AS LONDON FRIEND)

- Continued Board of Trustees Report

For the year ended 31 March 2022

Charitable activities within the year

London Friend's core client services within the year included:

Counselling and mental health support

147 clients received contracted counselling (including specialist LGBT domestic abuse counselling) and mental health support. This is lower than during 2020/21 (257) although that figure included people accessing our emergency Covid mental health support programmes, which were additional services funded via Covid response funds. A total of 22 volunteer counsellors and 6 clinical supervisors provided the counselling service throughout the year.

Antidote - Drug and Alcohol Services

Our drug and alcohol service, Antidote, continued to deliver support during the year. We restarted one of our walk-in clinics during the year, but most services remained online. After experiencing a drop in client numbers during the first year of the Covid-19 pandemic, numbers for 2021-22 were back to near pre-pandemic levels for this service with 396 people receiving support. The average number of sessions per client continued to increase, which reflects the ongoing complexity of much of this work. Antidote was supported by 25 volunteers.

Antidote's work continues to become more complex in relation to the two most problematic substances, methamphetamine and GHB/GBL. 68% of clients requested support for methamphetamine issues, with 45% requesting support for GHB/GBL. The previously most prevalent substance related to chemsex, mephedrone, continued to be used by fewer clients, dropping to a prevalence rate of just 10% of clients. This reflects changing drug markets and availability. 39% of clients requested support for alcohol, continuing a steady increase (from 35% in 2020/21 ); however, as we record up to 3 most problematic substances at assessment this might reflect that more people are now including alcohol within this as mephedrone use has dropped. 24% of people cited cocaine as a problem substance.

Social and Support Groups

We run a range of social and support groups each month. These include coming out groups; trans and non-binary group; social activities; older LGBT group; a weekly drop-in for LGBT people; and activity groups such as creative writing and crafting. These groups provide a safe space for LGBT people to meet others and improve wellbeing through social contact. We usually run over 20 groups per month.

This is the part of our delivery that was most affected by Covid-19 during 2020/21, and the part of our service where we saw the greatest bounce back in attendance one, we were able to run these in-person during 2021/22. 515 people received support through groups in 2021/22 and we ran 299 groups. This was up from 127 in 2020/21, and almost to the pre-pandemic levels reported in 2019/20 (541 ). 43 volunteers supported delivery of groups online during the year.

Our most attended group is T on Tuesday, a group for trans and non-binary people, attended by 177 people during the year. This reflects the increasing number of trans and non-binary people the charity supports.

6

FRIEND COUNSELLING (LONDON) LTD (KNOWN AS LONDON FRIEND)

Board of Trustees Report - Continued

For the year ended 31 March 2022

Charitable activities within the year - Continued

SASH

London Friend continued with the SASH Sexual Health partnership, which is commissioned to deliver services in the three London Boroughs of Westminster, Kensington & Chelsea, and Hammersmith & Fulham. SASH is led by Turning Point with London Friend, Metro Charity, and Naz Project.

City and Hackney Recovery Partnership

London Friend continued as a partner in the commissioned substance misuse service in the City of London and Hackney. This partnership is led by Turning Point with Mind in the City, Hackney and Waltham Forest. Two recovery workers provide specialist support to LGBT clients, plus from September 2021 one extra recovery worker as part of the Government's ADDER pilot in Hackney.

DAWS Partnership

London Friend began a new partnership in the commissioned substance misuse service in Westminster, Kensington & Chelsea, and Hammersmith & Fulham. This partnership is led by Turning Point. One recovery worker provides specialist support to LGBT clients.

Administrative Support

The organisation was supported by 3 administration volunteers throughout the year.

Community Centre and Meeting Space

The organisation usually provides free and subsidised meeting and social space for external . groups and organisations within the LGBT community to use. Due to Covid-19, we were unable to make the space available to these organisations through 2020/21 but during this year, we have welcomed back Stonewall Housing, Opening Doors, Beaumont Society and SM Dykes.

Training

87 volunteers attended in-house training during the year; 18 volunteer training courses were provided during the year. 23 training sessions were provided to external agencies, with 403 attendees, including representatives from s�xual health and drug and alcohol treatment agencies.

Financial review

The Trustees are pleased that the organisation has maintained a strong financial position and has continued to attract support of funders, including a number of new funders during this financial year. The CEO has maintained a level of income and represented the interests of our service users at a national strategic level. The Finance Officer has contributed significantly to the improvement of financial record keeping and to the charity's financial governance.

7

FRIEND COUNSELLING (LONDON) LTD (KNOWN AS LONDON FRIEND)

Board of Trustees Report - Continued

For the year ended 31 March 2022

Reserves Policy

The Trustees review its policy and reserves position on a regular basis. They believe a minimum of 3 months resources expended will enable the charity to continue to meet its objectives if it faces loss of income, increases in costs or delays in receipts. At present the unrestricted income funds stand at £271,267 of which £40,000 has been designated as the salary cost commitment on the charity's behalf.

looking forward to 2022/23

We are pleased to continue with several projects that have been recommissioned or refunded from April 2022, including the SASH Partnership and the London LGBT Domestic Abuse Partnership. A new three-year grant from Henry Smith Foundation was conformed from April 2022, and we are pleased to receive an additional year's funding from Lloyds Bank Foundation from October 2022 - September 2023. This places the charity on a relatively sound financial footing for the medium term.

Our celebrations of our 50[th ] Birthday continue throughout 2022, including participating in the 50[th ] anniversary of Pride celebrations in London and UK Black Pride.

Reference and administration details

Company number 1345530 Company name Friend Counselling (London) Limited

Charity number 299307 Registered Office 86 Caledonian Road, Kings Cross, London, N1 9DN

Our advisers Bankers CAF Bank Ltd 25 Kings Hill, West Malling, Kent ME19 4JQ Independent Examiner Brown Warner LLP 38 Northgate, Newark-on-Trent, England NG24 1 EZ

8

FRIEND COUNSELLING (LONDON) LTD (KNOWN AS LONDON FRIEND)

Board of Trustees Report - Continued

For the year ended 31 March 2022

Reference and administration details - continued

Directors and trustees

The directors of the charitable company (the charity) are its trustees for the purpose of charity law. The trustees and officers serving during the year and since the year end were as follows:

Trustees

Matthew Horwood - Chair Emma-Marie Okoroafor (Resigned 12 May 2022) Joshua De Luna Maria Munir Olivia Andrews (Appointed 20 August 2021) Vivienne Smith (Appointed 20 August 2021) Emma Geraghty (Resigned 20 August 2021) Nicola Upton (Appointed 13 May 2022 & resigned 10 October 2022)

Chief Executive Monty Moncrieff MBE

Structure, governance and management

London Friend is a charitable company limited by guarantee, incorporated on 22[nd ] December 1977 and registered as a charity on 18[th ] December 1989.

London Friend is governed by a Board of Trustees who are recruited openly and who meet between four and six times a year together with the Chief Executive. Trustees serve for a one-year period and may be re-elected.

Trustees receive a full induction, are briefed on their roles and responsibilities within the organisation and subsequently have access to a range of governance and financial management courses. The trustees develop and oversee the strategic planning and all new developments are approved by the Board before work progresses.

The trustees delegate day-to-day management of the charity to the Chief Executive who regularly reports on all areas of organisational performance to the board. There is also regular strategic review and planning sessions.

Governing document

The company was established under a Memorandum of Association, which established the objects and powers of the charitable company and is governed under its Articles of Association.

9

FRIEND COUNSELLING (LONDON) LTD (KNOWN AS LONDON FRIEND)

Board of Trustees Report - Continued

For the year ended 31 March 2022

Risk statement

The Trustees review risk management periodically. This involves identifying the types of risks the charity faces (financial, operational, governance etc.), prioritising them in terms of potential impact and likelihood of occurrence and identifying means of mitigating the risk. As part of this process, the Trustees keep the adequacy of the charity's internal controls under review.

The Trustees confirm that they have complied with the duty in section 4 of the Charities Act 2006 to have due regard to public benefit guidance published by the Commission in determining the activities undertaken by the charity.

Statement of trustees' responsibilities

The Trustees (who are also directors of Friend Counselling (London) Limited for the purposes of company law) are responsible for preparing the Trustees' 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 that period.

In preparing these financial statements, the trustees are required to:

The Trustees 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 hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

By order of the Trustees:

Signed:� Date: 14/ 12./ 2'2. Matt Horwood, Chair of the Board of Trustees

10

FRIEND COUNSELLING (LONDON) l TD (KNOWN AS LONDON FRIEND)

INDEPENDENT EXAMINERS' REPORT TO THE TRUSTEES OF FRIEND COUNSELLING (LONDON) LIMITED (KNOWN AS LONDON FRIEND) ('THE COMPANY')

I report to the charity trustees on my examination of the financial statements of the company for the year ended 31 March 2022.

Respective responsibilities of trustees and examiner

As the trustees of the charity (and also its directors for the purposes of law), you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the financial statements 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 financial statements 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 the company's gross income exceeded £250,000, your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of ICAEW, 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 financial statements do not accord with those records: or

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

  4. the financial statements 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 financial statements in accordance with the Financial Reporting Standard applicable in the UK and Republic (FRS102).

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 financial statements to be reached.

David Brown FCA Brown Warner LLP 38 Northgate, Newark-on-Trent, England NG24 iEZ

Date: 14- J)� UU.

11

Friend Counselling (London) Limited (Known as London Friend) Statement of Financial Activities (including Income and Expenditure Account) for the year ended 31 March 2022

Note
Income
Donations
2
Grants
3
Income frm charitable activities
Service funding
4
Training&talks
Rental income
Miscellaneous income
Investment income
5
Total incoming resources
Expenditure
Costs of raising funds
Expenditure on chartable activities
Total resources expended
1
Net (outgoing)/incoming
resources before transfers,
being net (expenditure)lincome
for the year
Gross transfers beteen funds
14
Net movement in funds
Total funds brought forard at
1 April 2021
Total funds carried forard at
31 March 2022		 Unrestricted funds
General
Designated
fund
funds
£
£
62,632
13,972
3,666
540
1,750
47
82,607
1,030
77,029
78,059
4,548
(1,336)
3,212
228,055
40,000
231,267
40,000		 Unrestricted funds
General
Designated
fund
funds
£
£
62,632
13,972
3,666
540
1,750
47
82,607
1,030
77,029
78,059
4,548
(1,336)
3,212
228,055
40,000
231,267
40,000		 Restricted
funds
£
10,131
208,144
317,476
535,751
491,771
491,771		 2022
2021
total
total
£
£
72,763
30,062
208,144
277,840
331,448
264,707
3,666
2,066
540
540
1,750
47
184
618,358
575,399
1,030
1,428
568,800
503,630
569,830
505,058
48,528
70,341
48,528
70,341
325,746
255,405
374,274
325,746
4,548
(1,336)
3,212
228,055
231,267		 43,980
1,336
45,316
57,691
103,007

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

All income and expenditure derive from continuing activities.

The statement of financial activities also complies with the requirements for an income and expenditure account

12

Friend Counselling (London) Limited (Known as London Friend) Balance sheet

as at 31 March 2022

2022 2021
Note £ £ £ £
Fixed assets
Tangible assets 9 170,059 162,294
Current assets
Debtors 10 79,790 91,354
Cash at bank and in hand 278,069 218,005
357,859 309,359
Creditors: amounts falling due
within one year 11 (67,864) (56,087)
Net current assets 289,995 253,272
Creditors: amounts falling due
after more than one year 12 (85,780) (89,820)
374,274 325,746
The funds of the charity
Unrestricted income funds
General 231,267 228,055
Designated 13 40,000 40,000
271,267 268,055
Restricted income funds 14 103,007 57,691
Total charity funds 374,274 325,746

For the financial year ended 31 March 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime.

The accounts were approved by the Board on \4 l)f:(f-Hf;� 2022

Matt Horwood, Chair oft e Board of Trustees Company registration number: 01345530

13

friend Counselling (London) Limited (Known as London Friend) Notes to the financial statements for the year ended 31 March 2022

1. Accounting Policies

Charity information

Friend Counselling (London) Ltd (know as London Friend) is a charitable company limited by guarantee, incorporated on 22nd December 1977 and registered as a charity on 18th December 1989. The company is governed by its Memorandum and Articles of Association which established the objectives and powers of the charitable company.

The charity is registered with the Charity Commission of England and Wales with the charity number 299307. The principal address is 86 Caledonian road, Kings Cross, London N1 9DN.

The principal accounting policies adopted, judgements and key sources of estimation uncertainty in the preparation of the financial statement are as follows:

a) Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounting in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (as amend for accounting periods commencing 1 January 2019). The charity is a Public Benefit Entity as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not ·to prepare a Statement of Cash flows.

The accounts have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provided a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.

The financial statements are prepared in sterling which is the functional currency for the charity

The accounts have been prepared under the historical cost convention. The principal policies adopted are set out below.

b) Going concern

At the time of approving the accounts, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis for accounting in preparing the accounts.

c) Charitble Funds

Unrestricted general funds comprises those monies that may be used towards meeting the charitable objectives at the discretion of the trustees.

Designated funds are unrestricted funds earmarked by the trustees for particular purposes.

Restricted funds are monies raised for, and their use restricted to, a specific purpose, or donation subject to donor imposed conditions.

14

Friend Counselling {London) Limited (Known as London Friend) Notes to the financial statements for the year ended 31 March 2022

1. Accounting Policies - continued

d) Income

All incoming resources are included in the Statement of Financial Activities when the charity is legally entitled to the income and the amount can be quantified with reasonable certainty. The following specific policies apply to categories of income:

Donations are included in the financial statements when received, with any associated tax reclaim - being included in the financial statements at the same time.

Grant income is recognised when receivable except when it is for a specified period, in which case the - income is spread over that period.

Gifts in kind are included in the financial statements when they involve an expense by the donor and - that expense can be quantified.

e) Resources expended

Resources expended are included in the Statement of Financial Activates on an accrual basis as a liability is incurred. They are reported as part of the expenditure to which they relate:

f) Operating leases

Rentals applicable to operating leases where substantially all the benefits and risks of ownership remain with the lessor are charged against income as incurred.

g) Tangible fixed assets

Depreciation is provided to write off the cost or valuation, less estimated residual values, of all fixed assets evenly over their expected useful lives. It is calculated at the following rates:

Land and Buildings 2% straight line on buildings Refurbishments 20% straight line Equipment 20% straight line or 33 1/3% straight line Furniture and fittings 20% straight line

No depreciation is charged on land

The charitable company has a policy of capitalising assets which cost more than £100.

15

Friend Counselling (London) Limited (Known as London Friend) Notes to the financial statements for the year ended 31 March 2022

1. Accounting Policies - continued

h) Impairment of Fixed Asset

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss.

j) Cash and bank

Cash at bank and in hand includes cash or the opening of the deposit or similar account.

k) Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any discounts due.

I) Financial instruments

The charity 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.

m) Pension

The company operates defined contribution, externally funded pension schemes. The pension cost charge represents contributions payable by the company to the fund.

n) Taxation

The charity is exempt from tax on its charitable activities.

o) Company Status

The company is a company limited by guarantee. The members of the company are the trustees named in the Trustees report. In the event of the company being wound up, the liability in respect of the guarantee is limited to £1 per member of the company.

2
Donations
Unrestricted funds
General
Designated
fund
funds
£
£
Individual/Organisations donations
62,089
Gift Aid reclaimed
543
62,632		 Restricted
2022
2021
funds
total
total
£
£
£
10,131
72,220
27,417
543
2,645
10,131
72,763
30,062

16

Friend Counselling (London) Limited (Known as London Friend) Notes to the financial statements for the year ended 31 March 2022

for the year ended 31 March 2022 ended 31 March 2022
3 Grant
Antidote Service
The Henry Smith Charity
The Leatherellers Charitable Fund
Lloyds Bank Foundation
Covid - London Community Response Fund
City Bridge Trust - Wave 1
The London Community Foundation - Wave 2
City Bridge Trust - Wave 3
City Bridge Trust - Wave 4
City Bridge Trust - Wave 5
Coronavirus Mentl Health Response Fund
Mind
The National Lottery Community Fund
Kasuma Trust
50th Anniversar
The National Lotery Heritage Fund
Blooming with Pride
The National Loter Community Fund
Capitl Grant
The National Lotery Community Fund
The Clothworkers Foundation
4 Service Funding
Turning PointSASH
Turning PointCity & Hackney Recovery Service
Lambeth, Southwark & Lewisham Chemsex
Public Health England HIV
Domestic Abuse
GALOP-Domestic Abuse Parnership
Turning PointAdder Accelerator Project
Turning Point - Bi Borough
Counselling income
5 Investment Income
Bank interest recivable		 Unrestricted funds
General
Designated
fund
funds
£
£
Unrestricted funds
General
Designated
fund
funds
£
£
13,972
13,972		 Restricted
funds
£
15,000
28,405
44,900
21,650
78,190
9,999
10,000
2022
total
£
15,000
28,405
44,900
21,650
78,190
9,999
10,000
208,144
2022
total
£
103,391
85,000
40,000
34,005
25,083
29,997
13,972
331,448
2022
total
£
47		 2021
total
£
60,000
15,000
27,580
2,856
19,580
34,430
9,500
19,910
78,984
10,000
208,144
Restricted
funds
£
103,391
85,000
40,000
34,005
25,083
29,997
317,476		 277,840
2021
total
£
101,727
42,500
40,000
29,500
34,005
16,975
264,707
2021
total
£
184

17

Friend Counselling (London) Limited (Known as London Friend) Notes to the financial statements for the year ended 31 March 2022

6
7		 Allocation of suppor costs
The charity has allocated its support costs:
IT costs
Stationery, Postage and Courier
Photocopier
Afiliation and membership fees
Financial management
Resources expended
Costs of generating funds
Fundraising and marketing
Charitable expenditure
Antidote Serice
The Leathersellers Charitable Fund
Lloyds Bank Foundation
Individuals
The Henr Smith Charity
Turning PointSASH
Domestic Abuse
GALOP - Domestic Abuse Parnership
Covid - London Community Response Fund
City Bridge Trust - Wave 1
The London Community Foundation - Wave 2
City Bridge Trust - Wave 3
City Bridge Trust - Wave 4
City Bridge Trust - Wave 5
Coronavirus Mental Health Response Fund
Mind
The National Lottery Community Fund
Turning PointCity & Hackney Recover
Lambeth, Southwark & Lewisham Chemsex
Public Health England HIV
Turning PointAdder Accelerator Project
Turning Point - Bi Borough
LBTWomen
London Community Foundation -
Blooming with Pride
The National Lottery Community Fund
OthersNational LGBT Parnership
50thAnniverar
The National Lottery Heritage Fund
Supporting charitable expenditure & governance
Other charitable expenditure
Governance
Costs of
Direct
generating
charitable
voluntar
expenditure
income
£
£
15,913
227
2,250
525
10,712
29,627
Staf
Direct
costs
costs
£
£
1,030
15,000
29,419
1,425
10,000
103,391
28,260
5,569
2,483
14,755
1,600
40,045
2,811
78,430
4,254
33,290
3,206
22,415
600
29,917
80
2,882
788
10,924
33,237
21,691
33,688
2,100
6,775
431,847
108,218
Governance
£
Suppor
costs
£
1,000
1,512
2,479
2,044
2,316
3,504
2,068
355
375
14,112
29,765		 2022
total
£
15,913
227
2,250
525
10,712
29,627
2022
total
£
1,030
15,000
31,844
10,000
103,391
35,341
19,717
1,600
44,900
85,000
40,000
25,083
29,997
4,025
44,536
69,491
8,875
569,830
2021
total
£
12,484
359
2,373
968
9,885
26,069
2021
total
£
1,428
15,000
24,141
60,000
101,727
34,902
2,856
19,580
11,538
7,900
22,398
78,984
42,500
40,000
29,500
2,312
220
2,500
414
7,158
505,058

Included in resources expended are: A charge for depreciation amounting to £11,978 (2021: £3,756)

18

Friend Counselling (London) Limited (Known as London Friend) Notes to the financial statements for the year ended 31 March 2022

Governance
Suppor costs
Independent review and statutor accounts
Board expenses
Staff costs
Staf costs amounted to:
Wages and salaries
Social security costs
Pension
Recruitment and payroll costs		 2022
£
2,100
6,000
775
8,875
2022
£
384,339
31,140
16,367
431,846
1,195
433,041
2021
£
2,100
4,320
738
7,158
2021
£
314,821
28,841
9,683
353,345
275
353,620

8 Staff costs

No employee's emoluments exceeded £60,000 for the year.

The average monthly number of employees during the year was 12 (2021: 14).

No remuneration was paid to Trustees during either year. Expenses totalling £Nil were reimbursed to Trustees during 2022 (2021: £Nil). Trustees insurance of £775 was paid during 2022 (2021: £738)

9 Tangible fixed assets

Cost
At 1 April 2021
Additions
Disposals
At 31 March 2022
Depreciation
At 1 April 2021
Charge for the year
Disposals
At 31 March 2022
Net book value
At 31 March 2022
At 1 April 2021		 Freehold
Property
£
198,863
19,394
218,257
46,100
8,070
54,170
164,087
152,763		 Furniture
and
Fitings
£
5,666
5,666
5,386
172
5,558
108
280		 Equipment
Total
£
£
21,277
225,806
349
19,743
21,626
245,549
12,026
63,512
3,736
11,978
15,762
75,490
5,864
170,059
9,251
162,294

19

Friend Counselling (London) limited (Known as London Friend) Notes to the financial statements for the year ended 31 March 2022

Notes to the financial statements
for the year ended 31 March 2022
10 Debtor
Trade Debtors
Other Debtors
Prepayments and accrued income
11 Creditors: amount falling due within one_year
Mortgage
Trade creditors
Other Taxes and Social Security
Other creditors
Deferred Income
Accruals
12 Creditors: amount falling due afer more than one year
Secured Mortgage (falling due in less than 5 years)
Secured Morgage ( falling due after 5 years)		 2022
£
25,550
3,012
51,228
79,790
2022
£
3,850
6,831
19,714
7,245
22,210
8,014
67,864
2022
£
17,252
68,528
85,780		 2021
£
86,180
2,667
2,507
91,354
2021
£
3,386
17,733
7,787
21,495
5,686
56,087
2021
£
17,252
72,568
89,820

At 31 March 2022 a mortgage totalling £89,630 was secured by fixed and floating charges over the freehold property at 86 Caledonian Road.

Interest on the mortgage will be charged at 6.5% per annum after drawdown.

13 Designated funds

Designated funds
Staf costs fund
Balance at
1 April
2021
£
40,000
40,000		 Incoming
Resources
resources
expended
£
£
Transfers
£		 Balance at
31 March
2022
£
40,000
40,000

The above designated funds comprise unrestricted funds designated by the trustees for specific purposes.

Staff costs fund

The trustees designated a sum to cover the staff commitment on the charity's part.

20

Friend Counselling (London) Limited (Known as London Friend) Notes to the financial statements for the year ended 31 March 2022

14 Restricted funds
Capital
Capital Expenditure- Property Appeal
Antidote
Lloyds Bank Foundation
The Leathersellers Charitable Fund
Individuals
Turning Point - City & Hackney
Turning Point - Bi Borough
Lambeth, Southwark & Lewisham Chemsex
Turning PointSASH
Turning PointAdder Accelerator Project
Covid- London Communi! Response Fund
City Bridge Trust - Wave 3
City Bridge Trust - Wave 4
City Bridge Trust - Wave 5
Blooming with Pride
The National Lottery Community Fund
50thAnniversar
The National Lotter Heritage Fund
Domestic Abuse
GALOP
Other		 Balance
Balance at
at 1 April
Incoming
Resources
31 March
2021
resources
expended
Transfers
2022
£
£
£
£
£
29,760
19,999
(1,206)
48,553
3,439
28,405
(31,844)
15,000
(15,000)
10,000
(10,000)
85,000
(85,000)
29,997
(29,997)
40,000
(40,000)
103,391
(103,391)
25,083
(25,083)
22,892
(19,717)
3,175
1,600
(1,600)
44,900
(44,900)
78,190
(44,536)
33,654
21,650
(4,025)
17,625
34,005
(35,341)
1336
131
(31)
57,691
535,751
(491,771)
1,336
103,007

The above restricted funds can only be used for the purposes specified by the donors or grant making body.

Proper Appeal

This represents funds raised from an appeal for the purchase of Caledonian Road property. During 2021/2022 funding was received from the National Lottery Community Fund and The Clothworkers Foundation to purchase venitllation equipment.

Antidote Project

The LeatherSe/lers Charity Fund Lloyds Bank Foundation and individual donors

This represents funding for the Antidote - LGBT Drug and Alcohol service

Turning PointCit & Hackney Recoven Serice

This represents funding for the Antidote service to providing LGBT recovery workers to the City and Hackney Recovery Service.

Turning Point/Bi Borough

This represents funding for the Antidote service to prove an Antidote workers for the DAWS Service.

Lambeth. Southwark & Lewisham Chemsex

This represents funding for the provision of capacity building support to help local services better support clients involved in chemsex, plus direct service provision to clients resident in these Boroughs.

Turning PointSASH

This represents funding from the SASH Partnership for sexual health promotion on Westminster, Kensington & Chelsea, and Hammersmith & Fulham.

Turning PointAdder Accelerator Project

This represents funding for a specialist LGBTQA recovery worker for the adder accelerator project in Hackney.

21

Friend Counselling (London) limited (Known as London Friend) Notes to the financial statements for the year ended 31 March 2022

14 Restricted funds (continued)

Covid - London Communit Response Fund

This represents funding in Waves 3, and 5 to cover costs and adaptations to service provision and to increase mental health support as a response to Covid 10.

Blooming with Pride

This represents funding for improving LGBT mental health in london, administered by The National Lottery Fund. The project is delivered in partnership with ELOP and LGBT HERO.

50th Anniversay

This represents funding from The National Lottery Heritage Fund for the charity's 50th Anniversary projects and events.

Public Health England HIV, secual and Reproductive Health Innovation Fund

This represents funding for the delivery of our Real Chemistry pilot project.

Domestic Abuse

This represents funding towards the domestic abuse project for workshops and counselling.

15 Analysis of net assets beteen funds Unrestricted funds Unrestricted funds
General Designated Restricted
fund funds funds .Total
£ E £ £
Tangible fixed assets 118,936 51,123 170,059
Current assets 265,975 40,000 51,884 357,859
Current liabilities (153,644) (153,644)
231,267 40,000 103,007 374,274
16 Financial commitments

16 Financial commitments

At 31 March 2022 the company was committed to making the following payments under non­ cancellable operating leases:

Minimum lease commitment expiring:
Within one year
2 to 5 years
Over 5 years
2022
Building
£		 Equipment
£
1,800
1,350
3,150		 2021
Building
Equipment
£
[
1,800
3,150
4,950

22