Reglstered Company Number- 01345530
Register Charity Number- 299307
FRIEND COUNSELLING (LONDON) LTD
(KNOWN AS LONDON FRIEND)
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

FRIEND COUNSELLING (LONDON) LTD (KNOWN AS LONDON FRIEND)
CONTENTS
PAGE
Truslees, report
2-10
Independent Examinerfs report
11
Statement of financial activities
12
Balance sheet
13
Notes to the financial statements
14-22

FRIEND COUNSELLING ILONDONI LTD IKNOWN AS LONDON FRIENDI
Board of Trustses Report
For the year ended 31 March 2024
The trustees present their annual report and the financial statements for the year ended 31 March
2024.
The accounts have been prepared in accordan￿ the accounting policies set out in note 1 to
the accounts and comply with the Memorandum and Articles of Association, the Charities Act
2011 and 'Accounting and Reporting by Charities.. Siatement of Recommended Practice
applicable to charities preparing their accounts in accordan￿ wrth the Financial Reporting
Standard applicable in the UK and Republic of Ireland {FRS1021' (as amended for accounting
periods commencing frorn 1 January 2019).
Charitable objectives and activities
London Friend has been at the forefront of lesbian, gay, bisexual and transgender {LGBTa+l
activism and seNice provision Sin￿ the eady 1970's
we celebrated our 50° birthday in 2022.
London Friend is a vibrant LGBTQ+ health and well-being charily 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 heaRh and well-being of people who are lesbian, gay,
bisexual, or transgender. or in doubl about their sexual orientation or gender identity. Vvhere
ne￿Ssary, support is also provided to families and friends of LGBTQ+ people.
London Friend works to provide services lo LGBTQ+ people where those provided by mainstream
services do not appropriately meet the needs of LGBTQ+ people, for whatever reason.
The charity cU￿entlY provides one-tOThone and group counselling, peer support groups, social
groups and activities, drug and alcohol support and advice, training and consultancy, referral to
other services and a range of other ad hoc support services.
Our Values
Empowemenl, Equalty, Competence and Care
Stsff and volunteers
During the year London Friend had the following core memters of staff.
Chief Executive,
Volunteer Manager,
Antidote Drug & Alcohol Services Manager,
Antidote Drug & Alcohol Services Assistant Manager
Health and Wellbeing Administrator,
Counselling Services Manager
Senior Counsellor and specialist Domestic Abuse Counsellor {1 staff member. 2 x part-time
roles)
Antidote Drug and Alcohol recovery worker Ix 3)
SASH Health and Wellbeing Coach x 2

FRIEND COUNSELLING (LONDON) LTD (KNOWN AS LONDON FRIEND)
Board of Trustees Report - Continued
For the year ended 31 March 2024
Staff and volunteers - continued
SASH Gounsellor (part-time)
Comms OffI￿r (part-time)
Cleaner Ipart-time)
London Friend also contracted the services of a finance officer.
London Friend has a policy of engaging LGBTQ+ 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 157 people volunteered time with the organisation in structured
volunteering roles, including counsellors, Antidote key workers, group facilitators, clinical
supetvisors, trustees, and adminislrative support. 48 of these volunteers were newly re¢ruited
during the year.
All the volunteers received a full induction, together with speafi¢ training relating to their a￿a of
work. The counsellors received fortnightly clinical supervision.
Public benefit
The charitable objectives and activrties, and achievement sections of this report cleady set out the
activities which London Friend undertakes for the public benefit.
Signlficant achlevements within tho year
2023124 was a stable yeaf for London Fnend. Our main focus for continued to be on the delivery
of health and wellbeing support services to LGBTQ+ people and we continued to engage LGBTQ+
people through structured volunteering to help deliver these.
We continue our work delivering Antidote, our service supporting LGBTQ+ people around alcohol
and drugs. This makes us the UK'S leading charrty responding lo chemsex support needs and a
large focus of our work during the year has been strategic work with local authorities,
commissioners and service providers who are developing local healthcare and whole systems
approaches lo this growing public health issue.
To mark Wodd Mental Health Day, we continued a publicty campaign jointly wth LGBTQ+
charity partners, elop and LGBT HERO. Can we HELP? places advertisements and publicity
malenals in venues around London, with a webstte directing io a hub of mental hea￿h resources
and referral infomiation for the three chanties, setvices. vMw.I bt hel
-or
We had a prominent presence at key LG8TQ+ events such as Pride in London and UK Black
Pride.

FRIEND COUNSELLING ILONDONI LTD (KNOWN AS LONDON FRIEND)
Board of Trustees Report - Continued
For the year ended 31 March 2024
Signlficant achievements within the year- continued
1. Income for the year was £708,705. This included funding from the Lloyds Bank
Foundation., the National Lottery Community Fund., the National Lottery Herilage Fund,.
The National LGBT Partnership, SASH Partnership.. DAWS Partnership,. London LGBT
Domestic Abuse Partnership, the London Boroughs of Lambeth and Southwark., the City
and Hackney Recovery Partnership.. the Henry Smith Charity., and corporate partner
Peloton.
2. We continued to deliver alcohol and drug support fof LGBTQ+ people via our Antidote
service. This Se￿iCe remains the main drug and alcohol Servi￿ in the UK specifically run
by and for LGBTQ+ people. Our expertise is this area has been shared through training
and capacity building work.
3. We continued to provide s8rwices as a member of ihe 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 wntract with the London Boroughs of Lambeth and Soulhwark 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 and strategic work
with th8 local aulhorities.
5. 2023124 was thé sevenlh year in the SASH Partnership, to deliver sexual health support in
the three central London Boroughs of Westminsler, Kensington & Chelsea, and
Hammersmith & Fulham. Led by Tuming Point with Metro, and Naz, the setvice works as
a multi-agency, multi-disciplinary team. London Fnend provides leadership on LGBT work
through full-time and one part-time rO￿s. SASH was recommissioned by Westminsler
and Kensington & Chelsea from April 2022 and by Hammersmith & Fulham from April
2024.
6. London Friend continued as a member of the National LGBT Partnership. a group of
England-wide LGBT organisalions working collectively as a member of the Department of
Health and Social Care's Voluntary Sector Health and Wellbeing Alliance. This is a
mechanism via whith the Department {DHSC) engages with the voluntary sector.
7. We continued a three-year partnership v￿h 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 previously funded
partnerships with these charities.

FRIEND COUNSELLING (LONDON) LTD (KNOWN AS LONDON FRIEND)
Board of Trustees Report- Continued
For the year ended 31 March 2024
Significant achievements within the year- conlinued
8. We continued to work on a coordinated response to chemsex and crime with partners
including the Metropolitan poli￿ and Probation who have developed Project Sagamore as
a multi-agency approach. Building on this we began a pilot funded by the Ministry of
Justice through the HMPPS Innovation Grants programme providing a specialist LGBTQ+
and chemsex rehabilitation offer to men convicted of offending in the chemsex Gontext.
We have also worked strategically with local authorities, commissioners, and servi
providers developing multi-agency approaches across 12 London Boroughs. We also
helped deliver a Maslerclass for English Drug and Alcohol, and Sexual Health and HIV
Commissions organised with the Association of Directors of Public Health.
9. We continued our partnership wtth Tuming Point and Mind in the City, Hackney and
Waltham Forest (Mind CHWFI to deliver a Substan￿ misuse Servi￿ in the City of London
and Hackney. We are a subcontracted provider. with the contract funding one full time
LGBTQ+ recovery worker. This work also indudes outreach in the Homerton Sexual
Health Se￿1￿ in Hackney.
10. We continued to engage dosely with our LGBTQ+ and related sector colleagues, including
via the LGBT Consortium and the National LGBT Partnership. This provides important
networking opportunities and mutual support between LGBTQ+ charities and
organisations.
Charitable activities within thè year
London Friend's core dient services within the year induded..
Counselling and mental health support
270 clients received contracted counselling (induding speaalist LGBTa+ domestic abuse
counselling) and mental health support. We have invested in the counselling service, further
expanding the Counselling Manager role to full time. This has helped us to further grow the
servi￿. A total of 39 volunteer counsellors and 7 clinical supervisors provided the counselling
service throughout the year. Frequent issues address through counselling included common
mental heaMh iSSLJes such as anxiety., depression., and stress,. plus, relationships., se￿-esteem,.
loneliness,. and isolation. 41% of dients discussed coming OLrt. Half of dients discussed their
sexual orientation and ne in three discussed their gender identity. One in five indicated their
gender identity was different to that typically associated wrth their sex recorded at birth.

FRIEND COUNSELLING (LONOONI LTD (KNOWN AS LONDON FRIENDI
Board of Trustees Report - Continued
For the year ended 31 March 2024
Charitable activities within the year- continued
Antidote- Drug and Alcohol Services
Our drug and alcohol servi￿, Antidote, continued lo deliver support during the year. 372 people
receiving support. Antidote was supported by 26 volunteers. The predominant issue supported by
Antidote remains chemsex, the use of drugs lo enhance and prolong sex between men. One third
of clients report alcohol as an issue, wrth 1 in 5 reporting this as their pnmary concem. Antidote
provided one to one and group interventions plus outreach into sexual health clinics. In addition to
Antidote Management the service employed three drug and alcohol recovery workers co-located in
drug and alcohol treatment services serving five London Boroughs {cty of London,. Hackney.,
Westminster", Kensington & Chelsea. and Hammersmilh & Fulham). The work done through these
partnerships is separately reported by the lead agencies.
Social and Support Gmups
We run a range of social and support groups each month. These indude coming out groups., trans
and non-binary group, social activities. older LGBT group,. a weekly dropin for LGBTQ+ people- a
group for neurodiverse LGBTQ+ people,. and activity groups such as creative writing and crafting.
These groups provide a safe space for LGBTQ+ people to meet others and improve wellbeing
through social contact.
559 people received support through groups in 2022123 and we ran 227 groups. 83 volLtnteers
supported delivery of groups online during the year.
Our most well attended group continues to be T on Tuesday, a group for trans and non-binary
people, attended by 146 people during the year, 260A of all group clients. This reflects the
increasing number of trans and non-binary people the chanty supports.
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 Tuming Point wilh London Friend, Metro Charity, and
Naz Project. Two Health and Wellbeing Coaches and one part time counsellor provide LGBTQ+
specific support. Clients seen as part of this serVi￿S are reported via SASH'S KPIS to
commissioners.
City and Hackney Recovery Partnership
London Friend continued as a partner in the commissioned substance misuse seNice in the City
of London and Hackney. This partnership is led by Tuming Point with Mind in the City, Hackney
and Waltham Forest. One recovery worker provided specialisl support to LGBTQ+ clienls.

FRIEND COUNSELLING (LONDON) LTD (KNOWN AS LONDON FRIEND)
Board of Trustees Report - Continued
For the year ended 31 March 2024
Charitsble activities within the year- Continued
Clients seen as part of this services are reported via the Recovery Se￿1￿,$ KPIS to local
commissioners and the National Drug Treatment Monitoring System (NDTMSI.
DA WS Partnership (Tuming Point Central London)
Landon Friend continued a partnership in the commissioned substance misuse service in
Westminster, Kensington & Chelsea, and Hammersmith & Fulham. This partnership is led by
Turning Point. Two recovery workers provided specialist support lo LGBTQ+ clients. Clients seen
as part of this service are reported via the DAWS Service's KPIS to local commissioners and the
National Drug Treatment Monitoring System INDTMS).
Admlnistrative Support
The organisation was supported by 3 administration volunteers throughout the year.
Community Centre and Meeting Space
The organisation provides free and subsidised meeting and social space for external groups and
organisations within the LGBT community lo use. During this year we have hosted Stonewall
Housing., Opening Doors,. Beaumonl Society., SM Dykes,. and the Queer Book Club.
Training
118 volunteers attended in-house training during the year,. 24 volunteer training courses were
provided during the year wilh topics including trans awareness,. neurodiversity,. managing
psychosis,. chemsex,. digital safety., working with trauma,. and suicide prevention. 29 training
sessions were provided to external agencies, with 486 attendees, including representatives from
sexual health and drug and alcohol treatment agencies. We also spoke at 4 conferences lo
combined audiences of over 440 people.
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 servi
users at a national strategic level. The Finance Officer has contributed significantly to the
improvement of financial record-keeping and lo the charity's financial govemance.
Reserves Policy
The Trustees review its policy and reseNes 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 al £523,652 of which £40,QOO has been designated as the salary cost commitment on Ihe
charity's behalf.

FRIEND COUNSELLING {LONDONI LTD {KNOWN AS LONDON FRIEND)
Board of Trustees Report- Continued
For the year ended 31 March 2024
Looking foThvard to 2024125
We are continuing to deliver our services, with several grants and conlracts/su￿cOntraCts being
mid-term. These make 2024125 a stable year for the charity. Our trustees are developing a new
strategic plan to steer the charity in the coming years, ulilising some of the charity's unrestricted
reserves to support organisational development.
In addition to our usual services, we are pleased to be continuing our criminal justice chemsex
pilot, an innovative piece of work and the first pilot providing rehabilitative support with this cohort
of offenders. We are also delighted to have been funded by the City Bridge Foundation to develop
programme of counselling groups which will begin to be delivered in the summer of 2024.
Reference and administration detsils
Company number
Company name
Charity number
Registered Office
1345530
Friend Counselling (London) Limited
299307
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 Wamer LLP
38 Northgale, Newark-on-Trent, Nottinghamshire, NG24 1 EZ
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
Mubeen Ahmed (Appointed 17 July 2023, Chairfrom 8th February 20241
Matthew Horwood (Chair to 8 February 2024, resigned 19th March 2024)
Joshua De Luna
Maria Munir (resigned 13, September 20231
Olivia Andrews
Vivienne Smith
Jonas Thompson-mccormick (Appointed 17 July 20231
Chief Executive
Monty Moncrieff MBE

FRIEND COUNSELLING {LONDONI LTD {KNOWN AS LONDON FRIENDI
Board of Trustees Report- Continued
For the year ended 31 March 2024
Structure, governance and management
London Friend is a charitable company limited by guarantee, incorporated on 22 December 1977
and registered as a Gharity on 18, December 1989.
London Friend is governed by a Board of Trustees who are recruited openly and who meet al least
four limes a year together with the Chief Executive.
Trustees receive a full induction, are briefed on their roles and responsibilities within the
organisation and subsequently have access lo 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 lo the Chief Executive who regularly
reports on all areas of organisalional performance lo the board. There is also regular strategic
review and planning sessions.
Governing docurnent
The company was established under a Memorandum of Association which established Ihe obie¢ts
and powers of the charitable company and is governed under its Articles of Association.
Rlsk slatement
The Trustees review risk management periodically. This involves identifying the types of risks the
charity faces (financial, operational, governance elc.), priorilising 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 confirni that they have complied with the duty in section 4 of the Charities Act 2006
lo have due regard to public benefit guidance published by the Commission in determining the
activities undertaken by the chaflty.

FRIEND COUNSELLING ILONDONI LTD {KNOWN AS LONDON FRIENDI
Board of Trustees Report - Continued
For the year ended 31 March 2024
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 Uniled Kingdom AGGounting Standards {United Kingdom
Generally Accepted Accounting Praclicel.
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..
Select suitable accounting policies and then apply them consistently.,
Observe the methods and principles in the Charities SORP.,
Make judgements and accounting estimates that are reasonable and prudent.,
State whether applicable UK Accounting standards have been followed, subject to any
material departures disclosed and explained in the financial statements., and
Prepare the financial slalemenls on the going concern basis unless it is inappropriate to
presume that the charitable company will continue in business.
The Trustees are responsible for keeping 8dequate accounting records thal disclose with
reasonable accuracy at any lime 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 ef 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 chantable 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.
Mubeen Ahmed, Chair oflhe Board of Trustees
Date..
16111 Izi
10

FRIEND COUNSELLING {LONDON) LTD (KNOWN AS LONDON FRIEND)
INDEPENDENT EXAMINERS, REPORT TO THE TRUSTEES OF FRIEND COUNSELLING
{LONDONI LIMITED (KNOWN AS LONDON FRIENDI ('THE COMPANY)
For the year ended 31 March 2024
I report to the charity trustees on my examination of the financial statements of the company for
the year ended 31 March 2024.
Respective responsibilities of trustees and examiner
As the trustees of the charty (and also rts directors for the purposes of lawl, 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 stalements 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 finanual statements as carried OLrt under section 145 of the
Charities Act 2011 {'the 2011 Act,). In carying out my examination I have followed the Directions
given by the Charity Commission under section 145{5) {b) of the 2011 Art.
Independent examinerfs statement
sin￿ 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. l Confirm that l am qualified to undertake the
examination because l am a member of ICAEW, which is one of the lisled bodies.
I have completed my examination.
onfimi that no matters have come to my attention in
¢onnection with the examination giving me cause to believe-
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 vrith those records.. or
3. the financial statements do not comply vnth the accounting requirements of section 396 of
the 2006 Act other than any requiremenl Ihat 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 Practi￿ for accounting and reporting by
charities applicable to charities preparing their financial statements in accordance wilh the
Financial Reporting Standard applicable in the UK and Republic IFRS102).
I have no concems 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, Newarkwon-TrenL England NG24 1EZ
Date:
11

Friend Counselling (London) Limited (Known as London Friend)
ststement of Financial Activities lincluding Income and Expenditure Account)
for the year ended 31 March 2024
Unrestricted funds
General
Designated
fund
funds
Restricted
nds
2024
total
2023
Note
Income
Donations & Legacies
Grants
152,6(
2,750
187.979
155,356
187,979
107,027
274,386
Income from charitable activities
Service funding
Training & talks
Rentsl income
40,739
10.112
555
304,371
345.110
10,112
555
332,708
4,175
640
Investment incon7e
9,593
9.593
1,901
Total Incomlng resources
213,605
495,100
708.705
720,837
Expenditure
Costs ofraising funds
399
Expendrfure on chant8ble activities
63,709
551,253
614,962
624,915
Total resources expended
63.709
551,253
614,962
625,314
Net loutgoingylncomlng
resources before transfers,
being net lexpenditurellincorng
for the year
149,896
156.1531
93,743
95,523
Gross transfers btheen funds
14
14. 1221
4,122
Net movement In funds
145.774
152.0311
93,743
95,523
Total funds brought forward at
1 April 2023
337,878
40.000
91.919
469.797
374,274
Total funds carrled for•vard at
31 March 2024
483,652
40.000
39.888
563.540
469,797
The stslement of financial activibes includes all gains and losses reeognised in the year.
All income and expenditure derive from conts'nuing 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 2024
2024
2023
Note
Fixed assets
Tangible assets
144.947
154,883
Current assets
Debtors
Cash al bank and in hand
10
162,680
407.864
218,938
226.033
570,544
444.971
Creditors.. amounts falling due
within one year
11
174,6801
{48,4021
Net current assets
495,864
396,569
Creditors: amounts falling due
aftgr more than one year
12
(77,2711
181,6551
563 540
469,797
The funds ofthe charity
Unrestncted Income funds
General
Designated
483.652
40.000
337.878
40,000
13
523.652
39.888
377,878
91,919
Restricted income fvnds
14
Total charity funds
563.540
469.797
For the financial year ended 31 March 2024 the cnmpany was entitled to exemption from audit under
section 477 of the Companies Act 2006 relating to small companies.
The directors ackn￿edge their responsibilibes for comptying the requirements of the Companies Act
2006 with respect to accounting records and the preparab.on of financial stalemenls.
The members have not required the company to obtain an audit of rts financial statements for the year in
question in accordance with section 476.
The financial Statements have been prepared in ￿]rdan￿ with the provisions applicable to companies
subject lo thè small companiès, regime.
The accounts were approved by the Board on
2024
Mubeen Ahmed, Chair of the Board of Trustees
Company re8iStration number: 01345530
13

Friend Counselling (London) Limited (Known as London Friend)
Notes to the financial statements
for the year ended 31 March 2024
1. Accounting Policies
Charty infom)ation
Friend Counselling (London) Ltd (know as London Friendl is a charitable company limited by guarantee,
incorporated on 22nd December 1977 and registered as a charity on 18th December 1989. The
company is govemed by ils Memorandum and Articles of Asscciation wh￿h established the objectives
and powers of the charitable company.
The charity is registered wlh the Charity CommissK)n of England and Wales with the charity number
299307. The prin¢ipal address is 86 Caledonian Road. Kings Cross, London N19DN.
The principal accounting policies adopted. judgements and key sources of estimation uncertainty
in the preparation of the finanaal statement are as follows.
a) Basl ol
aratlon
The financial slalemenls have ￿en prepared in accordance with Accounting and Reporting by Charities..
Statement of Recommended Practice applicable lo charities preparing their accounting in accordance
with the Financial Reporting Standard applicable In the UK and Republi¢ of I￿land IFRS 1021 las amenc
for accounting period5 commencing 1 January 20191. The charity is a Public Benefit Entity as defin8d
by FRS 102. The charity has taken advantage of the provisions in the SORP for charities applying
FRS 102 Update Bulletin I not lo prepare a Statement of Cash flowts.
The a¢￿Unts have departed from the Charibe$ {A¢counl$ and Reports} Regulabons 2CN)8 onty to the
extent requiTed lo provide a true and fair view. This departure has involved following the Statement
of Recommended Practice for ¢harities applying FRS 102 rather than the ver5￿n of the Statement of
Recommended PractKe which is referred lo in the Regulatsons bul which has since been withdrawn.
The financial statements are prepared in slerfing which is the fursctional currency for the ¢harity
The accounts have been prepared under the histor￿al cost ¢onvenbon. The prtn¢ipal policies adopted
are sel out below.
oin
At the lime of approving the accounts. the trustees have a reasonable expectatr'on that the charity
has adequate resource5 to continue in operational existence for the foreseeable future Thus the
trustees continue lo adopt the going Concern basis for aceounling in preparing the accounts.
Concern
c} Charitable Funds
Unreslricled general funds comprises those monies that may be used towards meeting the charitable
objectives al the discfelion of the trustees.
Designated funds are unrestricted funds eam)arked by the trustees for particular purposes.
Reslricled fund5 are monies raised for, and their use restricted lo, a specific purpose, or donation
subject lo donor imposed conditions.
14

Friend Counselling (London) Limited (Known as London Friend)
Notes to the financial statements
for the year ended 31 March 2024
1. Accounting Policies- continued
All Incoming resources are included in the Slalemenl of Financial Activrties when the charrty is legally
entitled lo the income and the amount can be quantifRd wrth reasonable Certainty. The follwing specrfic
policies apply to categories of intome".
Any income from fundraising is sh(y•m gross.
Donations are included in the financial ststements when recaved, with any associated lax reclaim
being included in the financial statements at the same tsme.
Grant In￿Me is fecognised wh6n rthvabie except vthen it is for a s￿￿led pefK¥J, in which case the
income is spread ovef that period.
Gifts in kind are included in the financial statements when they invofve an expense by the donor and
that expensé tan be quantified.
Legacies are inelLbded in incoming resources when the charTtable company is legally entitled lo the
income and Ihfr amount Con be qUantffj￿ wrth reas0nats￿ accuracy. Entitlement is the earlier of the
chaiilable company being nOtif￿d of an imponding distribution or the *acy being received.
Investment incom¢ is included when receivable and includes interest from deposits.
e80
Resources expended are included in the Statement of Finanehgl Activities on an accnjal basis as a
liabilty is incurred. They ar¢ reported as part of the expendrture lo wttieh they relate".
Costs of fundraising cc*nprise the costs associated wlh attracting Ir￿ome and the costs of
generating an￿lIary incomo.
Expenditure on charitable activil￿ eomprises those costs incurred by the charty In thé delNery of
ils activrties and services for rts benefieiaries. It includes both wsts that Can bg all¢xal8d directly
to such activities and those costs of an indirect nature necessary lo support them.
All costs are allocated btheen expendrture categories of the SOFA on a ba$1$ designed lo reflect
the use of the resource. Costs relating to particular activrties are allocated directly, others are
apportiongd an appropriat8 basis e.g. staff lime and estimated usage.
In
Rentals applicable lo operating leases Whe￿ substant￿llY all the beneffts and risks of thvner5hip remain
with the lessor are charged against incL￿ as incurr&J.
Ible fixed asse
D8pr8ci3110n is provided lo write off the cost or valuation. less estimated residual valLbe$. of all fixed assets
eventy over their expected useful lives. It is calculated * the following rates.
Land and Buildings
2°h Stra￿h1 line on buildings
Refurbishments
20% slraighl line
Equipment
20% straight line or 33 113% straight line
Furniture and fittings
20% slraight line
No depreciation is char9ed on laThJ
The ¢haritable ccxmpany has a policy of capitalising assets which cost mre than £100.
15

Friend Counselling (London) Limited (Known as London Friend)
Notes to the financial statements
for the year ended 31 March 2024
1. Accounting Policies - continued
aimient of Fixod Assets
At each reporting end date, the charity review5 the carrying amounts of its tangible assets lo detemine
whether there is any lndicab.on that those assets have suffered an impairment loss. If any such Indicabon
exists, the recoverable amount of the asset is esb"mated in order to delemine the extent of the
impairment loss.
11 Cash and bank
Cash al bank and in hand includes Cash or the opening of the deposit or Similar account.
Jl Credltors and
rovlsions
Creditors and provisions are recognised where the charity has a present obligation resulting from a
pa51 event that will probably result in the transfer of funds lo a third paty and the amount due lo setue
the obligation can be rneasured or esbmated reliably. Credrtors and provisions are normally recognised
al their settlement amount after allowng for any discounts due.
kl Financlal instruments
The charity only has finanoal assets and financial liabilitses of a kind that qualify as basic financial
instruments. Basic financial instruments are inilially recognised at Iransaclion value and subsequ8nlly
measured al their settlement value.
11 Pen81on
The company operates defined conlributson, externally funded pension schemes. The pensK*n cost
charge represents contributions payable by the ￿mPafiy to the fund.
ml Taxatlon
The charity is exempt from tsx on rts charitable acbvilies.
an
ststus
The company is a company limited by guarantee. The members of the company are the trustees named
in the Trustee$ report. In the event of the company being wound up, the l￿bIlIty in leS￿t of the
guarantee is limited lo £1 per membef of the Company.
Donatlons and legaeios
Unrestricted funds
Goneral Dfr8ignated Restricted
fund
funds
funds
2024
total
2023
total
Individuavorganisalions donations
Gift Aid reelaimed
Legacies and bequests
130,950
14,734
6,922
152,606
2.750
133,700
14,734
6.922
155.356
104.524
2.503
2,750
107,027
16

Friend Counselling (London) Limited (Known as London Friend)
Notes to the financial statements
for the year ended 31 March 2024
3 Grants
Unr•strlct•d funds
General Designated
lund
nds
Restrfictsd
fund5
2024
total
2023
total
Antidote Service
The Henry Smith Charity
The Leathersellers Charitable Fund
Lloyds Bank Foundation
50th Annivèrsary
The National Lottery Heritage Fund
Mental Health & Well 8eing
81ooming with Pride-The National Lottery
Community Ftjnd
59,000
59,000
58.200
7.500
30.655
13,995
13,995
12.3021
{2,3021
21.650
117,288
117,288
156,381
187,979
187,979
274,386
4 Service Funding
Unrestricted funds
G•narnl Designated
fvnd
funds
Restricted
funds
2024
total
2023
total
Antidote Service
Tuming Point-city & Hackney
Tuming Point- Hammersmith & Fulham
Turning Point- Bi Borough Weslminsler. Kensington &
Chelsea
Lambeth & Southwark Chemsex12023 & Lewsham)
HMPPS Chemsex Pilot
Tuming Point-Adder Accelerator Project
S•xual Health
Tuming Point-SASH
Domestic Abuse
GALOP-Domesb'c Abuse Pathership
Coun$¥lling in¢om•
42.500
45.000
42,500
45.000
85,000
39.9
30.000
19.939
39.9
30.000
19,939
39,998
40,000
28,687
93.917
93,917
91.733
33,019
33,019
33,987
40.739
40.739
13.323
40.739
304,371
345.110
332.708
5 Investment Income
2024
total
2023
total
Bank interest receivable
9,593
1,901
17

Frlend Counselllng (London) Limited (Known as London Friendl
Notes to the financial statements
for the year ended 31 March 2024
Costs of
Direct generats.ng
charitable
¥olunlary
expendittjre
income
2024
totsi
2023
iotsi
Alloeatoon of support eo#ts
The charity has allocated rts support costs..
IT costs
Stationèry, Postage and Couner
PhotoCo￿er
Affiliation and membership fees
Finanual rnanagernent
Govemance
15,759
764
15,759
764
580
573
12.117
29.793
14,216
618
1,488
573
12,117
29,793
6.546
23,276
Staff
Di￿t
Support
2024
2023
7 Resources expended
costs
osts
costs
total
total
Costs of generating funds
Fundraising and marketng
399
Charitable expendttu
Antidote Service
Lloyds Bank Foundatson
The Henry Smth Charity
Individuals
Tuming Point-city & Hackney Recovery
Tuming Point- Harnersmith & Fulham
Lambeth.& Southwark Chemsex
HMPPS Chern5ex Pilot
Tuming PoinUAddér A￿*￿Tator Proj
Mental Health & Well Belng
Blooming wth Pnde- The Nat'onal Lottery
Community Fund
Sexual HeaSth
Turning Point-SASH
Domestfic Abusè
12.685
51,3CX)
3.502
2S)
1,854
530
16.437
59.(X)O
2.750
42,500
45.000
30.000
19.78e
30,655
58,2
5,OCM)
2,220
42.5rKJ
33,055
26.029
15.6e6
7,132
3,471
2.637
4,8t3
29.538
39.998
39,996
83.709
6.633
3.575
93,917
91.733
GALOP - Dorne5tic A￿se Partnership
Covld- London Community Responst Fund
City Bndge Trust- Wave 3
Mental Health & Well 8elng
Blooming with Pride-The National Lottery
501h Anniversa
The National Lottery Hertsge Fund
Other charita￿e exFenditure
Govemance
28.363
3.703
953
33.019
34,637
1.(￿3
l.l￿3
2.112
104,734
2.031
162.071
37,380
1,273
1.273
145,189
11,193
6.780
16.700
7,180
13.822
7,180
420.348
164,821
29,793 614.962
625.314
Induded in resources expended a￿." A charge for depreuab.on amounting to £14.37012023". £15.1761
18

Friend Counselling (London) Limited (Known as London Friend)
Notes to the financial statements
for the year ended 31 March 2024
Ro$ourcgs oxp&nd8d - Continuad
Govèrnanc•
2024
2023
Independonl review and statutory accounts
8oard expenses
6,000
1,180
6.000
780
7,180
6,780
8 Staff costs
Staff ¢osl$ amounted lo..
2024
2023
Wages and salaries
So¢ial security co$ls
Pension
377,179
30,780
12,389
420,348
396,171
34,374
13.181
443.726
Recruitment and payroll costs
1,591
299
421,939
444.025
No employee's emoluments exceeded £60,000 for the year.
The average monthly number of employees during the year was 1412023'.131.
No remuneration was paid to Trustees dudng eilhef year. Expen¥eJ lolalling £380 were reimbursed lo
Trustees durlng 202412023.. £Nill. Trustees insurance of £800 was paid during 202412023.. £7801
Tanglbl• flxod a88frt¥
Furnltur•
and
Fltting*
Froohold
Proporty
Equlpmont
Total
Cost
Al 1 April 2023
Additions
Disposals
Al 31 March 2024
218,257
3,593
5.666
21,626
841
245,549
4.434
221,850
5,666
22,467
249,983
D•pr•clatlon
At 1 April 2023
Charge for the year
Disposals
At 31 March 2024
65,472
12,021
5,666
19,528
2.349
90,666
14.370
77,493
5,666
21,877
105.036
Net book value
At 31 March 2024
144,357
590
144.947
At 1 April 2023
152,785
2,098
154.883

Friend Counselling (Londonl Limited (Known as London Friend)
Notes to the financial statements
for the year ended 31 March 2024
10 Dgbtors
2024
2023
Trade Debtors
Other Debtors
Prepayments and accrued income
126,555
14,641
21.484
162,680
73,357
2,822
142,759
218,938
11 Cr6ditors- amounts falling due within one year
2024
2023
Mortgage
Trade creditors
Other Taxes and Social Security
Other creditors
Deferred Income
Accruals
4,384
5,530
9,065
3,894
39,095
12.712
4,109
5,565
9,118
1,937
17,995
9,678
74,680
48,402
12 Creditors: amounts falling due after more than one year
2024
2023
Securecs Mortgage (falling due in less than 5 years)
Secured Mortgage (falling due after 5 years)
20,675
56,596
19,378
62,277
77,271
81,655
Al 31 March 2024 a mortgage lolalling £81,655 was secured by fixed and floating charges over the freehold
propety at 86 Caledonian Road.
Interest on the mortgage will be charged at 6.SVo per annum after drawdown.
13 Designated funds
Balance at
1 April
2023
Balance at
31 March
2024
Incoming Resources
resourcgs
gxpgnded
Transfers
Staff costs fund
40,000
40,000
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 lo cover the staff commitment on the charity's part.
20

Friend Counselling ILondonl Limited {Known as London Friendl
Notes to the financial statements
for the year ended 31 March 2024
Balance
at 1 Aprll Incoming Resource8
2023 wourcès
xp•nd•d Transfers
Balance at
31 March
2024
14 R•8trlctod fund8
Ca
Capital Expendlturè - Propèrty App•al
AntSdote
Lloyds Bank Foundation
Henry Smrth Foundation
Individuals
Turning Point- City & Hackney
Turning Point- Hammersmilh & Fulham
Turning Point- Bi Borough Weslrninster.
Kensington & Chelsea
Lambelh & Southwark Chemsex
HMPPS Chernsex Pilot
44,115
14.4391
39.678
13,995
59,000
2,750
42,500
45,000
116,4371
159.0001
12,7501
142.5001
145.0001
2,442
39,996
30,000
19,939
139,9981
130,0001
119,7881
151
Sexual Health
Turning Point - SASH
m•8tlc Abuse
GALOP
93,917
193.9171
33,019
133.0191
mm
nl
City Bridgè Trust- Wave 3
M ntslH
W•ll Bèln
81ooming with Pride- The National Lottery
Comrnunity Fund
th Annlver8a
The National Lottery Hedta98 Fund
Re8
1,063
11.C631
44.846
117.286
1162,0711
61
1,895
91,919
12.3021
495,100
11,2731
551,253
1.fj80
4.122
39.888
The abovè restn'ded luna$ can only be used for the purpos9$ SP8afied by the donors or grant making body.
This represents funds raised Irom an appeal lor the purchase ol Calèdonlan Road property. During 202112022
funding was received from the National Lottery Cornmunity Fund and The Clothworkers Foundation lo purchase
venilllation equipment.
Id
Lloyd$ B8nk Foundatlon, The Henry Smlth Found•tlon •nd Indfvldual dono
This iepiesenls funding for the Antidote- LGB T Drug and Alcohol 6ervice
Polnt.Cl
&Hac
ov
Servicè
This represents funding for the Antidtste Servi￿ to providing LGBT re¢¢very workers to the City and
Hackriey Recovery Service
Turnln
Polnt- Hammersmlth
Ih
This represents funding for the Antidote seNice to pyovide aDlidote workers for the OAWS $8rvice for
Hammersmith and Fulham.
rnin
Poln
-81 Borou
h W••tmlnstsr Kènsln
ton and Chel
This represents funding Iof the Antidote service to provide antidot6 workers lor the DAWS Service for
Wetiminsler. Kensington & Ch&ls•a.
Point-SASH
This repw$ent$ fundin9 frorn the SASH Partnership for $oxual health promotlon on Westmlnster, Kensington
& Chelsea. and Hammersmith & Fulham.
thw
rkch
This rèpfèsents funding for the provision ol capacity building support to help10¢81 services better Support
clients involved in chernsex, plus direct service provision lo diellts resident In these Boroughs.
HMPPS Chemsex Pilot
This represents a grant for 8 pilot Pmj8Ct supporting rahabililative work wlth gay and bisèxu81 mèn in tha criminal
justice systern.
21

Friend Counselling ILondon) Limited (Known as London Friend)
Notes to the financial statements
for the year ended 31 March 2024
14 Restricted funds (continued)
Domestic Abuse
This represents funding towards the domests"c abuse Project for wort¢shops and counselling.
Covid - London Communi
Res
onse 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 lo Covid 19.
Bloomln
wlth Prlde
This represents funding for improving LGB T mental health in ￿ndon. administered by The National Lottery
Fund. The project is delivered in partnership wrth ELOP and LGBT HERO.
50th Annivgrsa
This represents funding from The National Lottery Heritsge Fund for Ihe charity's 50th Anniversary projects
and events.
15 Anoly818 of net a88ets between funds
Unrestrlcted fund8
General Designated
fund
funds
Restricted
fund8
Totsl
Tangible fixed assets
Current asels
Current liaibililies
105,271
530.332
1151,9511
39,676
212
144,947
570.544
1151,9511
40,000
483,652
40,000
39,888
$63,540
18 Flnanclal commltments
Al 31 March 2024 the company was committed to making the following payments under non-
can¢ellable operating leases..
2024
2023
Building
Other
Building
Other
Minimum lease commrtrn8nt oxpiring..
Within one year
2 10 5 years
Over 5 years
2,752
6,562
1,400
5,600
9,314
7,000
17 Related party transactions
There were no di$dosable related party transactions during the period.