Charlty registration number N100229 Company registration number N1055942 (Northern Ireland) NORTHWEST COUNSELLING LIMITED ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2022
NORTHWEST COUNSELLING LIMITED CONTENTS Page Charity Information Trustee5' report Independent examinerfs report Statement of financial activities Balance sheel Notes to the financial statements 7-13
NORTHWEST COUNSELLING LIMITED LEGAL AND ADMINISTRATIVE INFORMATION Trustees R Craig N Gahan Charity number N100229 Company number N1055942 Registered office Unit 8 The Vale Centre GySteel Co Londonde BT47 3GE Independent examiner Moore {Nl) LLP 21123 Clarendon Street Londonderry BT48 7EP Bankers Danske Bank Donegall Square West Belfast BT1 6JS
NORTHWEST COUNSELLING LIMITED TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 JULY 2022 The trustees present their report and accounts for the year ended 31 July 2022. The Trust IS 8 charitable company limited by guarantee and accepted as a charity by HM Revenue and Customs under reference N100229. The accounts have been prepared in accordance with Ihe accountiftg policies sel out In not8 1 to the accounts and comply with the charity's Memorandum an(J Arti¢les of Association, the Companies Act 2006 and "Accounting and Reporting by Charities: Stalemenl of Recommended Practice applicable to chariti8s preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102)" las amended for accounting periods commencing from 1 January 2016) ObJectlv8s and actlvltles The principal activity of the company is to promote the use of counselling in the local area and to provide counselling services for those in need. The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertak8. Achlevement$ and performance During th8 year the charity continued to strive to achieve their objectives of providing counselling services lo those in need. The organisation was able to push forward with fund raising and grant applications on the basis of their charitable status. Last year the total numb8r of clients seen by the organisation was 209. FSnan¢lal revlew The results for Ihe year are set out on page 5. Total Incoming resources for the year in¢ased to £137,669 (2021 £71,424) of which 860/0 was generated by charitable aclivilies. Income from counselling serwices in schools increased significantly by £58,561. The remaining income was generated by donations and grants from local bodies. Total resources expended increased to £122,004 (2021 £67,638) of which 99OA was expended on dlrect activities. Counselling fees increased in 2022 by £47,508 to facilitate increased services to School's. It is the pollcy of the charity that unrestricted fijnds which have not been designated for a spe¢ifi¢ use should be maintained at a level equivalent to betsveen three and six month's expenditure. The trustees consider that reserves at this level will ensure that, in the &vent of a significant drop in funding, they will be able to continue the charity's Current activities while consideration is given to ways in which additional funds may be raSsed. This level of reserves has been maintained throughout the year. Reserves Pollcy The Trust aims to continue to Increase r8s&rv&s to ensure the stsbillty of its seceS, employment and everyday operations of tha organisation. Rlsk Management In accordance with good practice, the charity is developing a Risk Management Policy and is completing a risk assessment. A Corporate Risk Register is being drawn up to prioritise the risks requiring action. The Risk Register will be reviewed and updated on a regular basis or as soon as a potential risk is identified. Analysis for each risk will be detailed the Risk Register together with the conlrols Currently in place to mitigate the risk and th8 further actions required to minimis8 the risk.
NORTHWEST COUNSELLING LIMITED TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 JULY 2022 Going Concern The Trustees have a reasonable expectstion that the Trust has adequate resources to Continue in operational existence for the foreseeable future. The principal factors underlying this judgement include.. Current levels of financial performance by comparison viith budgeted expectations; Continuing support from local bodies Accordingly, the Trust continues to adopt the going concem basis of accounting in preparing the annual financial ststements. Structure. governance and management The charity is a company limited by guarantee and is govemed by its Memorandum and Articles of Association. The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were: R Craig N Gahan R Logue R Morton (Resigned 31 December 2021) (Resigned 15 December 2021) Appolntment of Trustees The Charity Trustees are also Directors of the company. A Trustee is initially elected by the Board In accordance with the Memorandum and Articles of Assoriation. None of the tnjstees has any beneficial interest in the company. All of the trustees are members of the company and guarantee to contribute £1 in the event of a winding up. Organi5ation The Board of Trustees which administers the Trust meets throughout the year as required. Public 8eneflt The objectives of the Trust are as listed. The Trust has considered the UK Charity Commission's guidance on public benefit and plans to ensure that it provides public benefit and achieves its objectives as set out in the Trust's Memorandum and Articles ofAssociation. The direct benefrts to the IndNiduals using the service include- The advancement of health and the saving of lives; - The advancement of citizenship and communty development: and The relief of those in need by reason of ill-health. disability, or other related disadvantsges. The trustees give careful consideration to accessibilty for all WFthout discrimination on grounds of politics, religion, race, social or economic background. The trustees. r ort was approved by the Board of Trustees. R Craig Trustee Dated: 31 May 2023
NORTHWEST COUNSELLING LIMITED INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF NORTHWEST COUNSELLING LIMITED We report to the trustees on our examination of the financial ststements of Northwest Counselling Limited (the charity) for the year ènded 31 July 2022. Responslbllltles and basls of report As the tfustees of the charity {and also its diTe¢tors for the purposes of company law) you afe responsible for the preparation of the financial slatements in accordance with the requirements of the Companies Act 2006 (the 2006 Act). Having satisfied ourselves that the financial statements of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, we report in respect of our examination of the charlty'5 financial statements carried out under section 65 of the Charities Act. In carrying out our examination we have followed all the applicable Directions given by th8 Charity Commission for Northem Ireland under section 65191(b) of the Charities Act. Independent examlner's staternent We have completed our examination. We confirm that no matters have come to our attention in connection with the examination giving us cause lo believe that in any material respect.. accounting records were not kept in respect of the charity as required by section 386 of the 2006 Act., or the financial statements do not accord with those records., or the financial statements do not comply with the accounting requiremènts of section 396 of the 2006 Act other than any r8quirem8nt that the accounts give a true and fair view which is not a matt8r considered as part of an independent examination., or the financial statements have not been prepared in attordance with the methods 8nd principles of the ststement of Recommended Practice for accounting and reporting by charities applicable to charities prèparing their accounts in accordanc8 with the Financial Reporting Standard applicable in th8 UK and Republic of Ireland (FRS 102). We have no concems and have come across no other matters in connection with the examination to which altention should be drawn in this report in ord8r to enable a proper understanding of the financial statements to be reached. Moore {NlJ L 21123 Clarendon Str88t Londonderry BT48 7EP Dated.. 31 May 2023
NORTHWEST COUNSELLING LIMITED STATEMENT OF FINANCIALACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 JULY 2022 Unrestricted Restricted funds funds 2022 2022 Total Unrestricted Restricted funds funds 2021 2021 Total 2022 2021 Notes Income from: Grants & donations Charitable aclivities 19,020 118,649 19,020 118,649 6.885 59.998 4,541 11,426 59,998 Total income 137,669 137.669 66,883 4.541 71,424 enditure on: Charitable activities 121.568 436 122,004 66,742 894 67,636 Net Incomel(expenditure) for the yearl Net movement in funds 16,101 (436) 15,665 141 3,647 3,788 Fund balances at 1 August 2021 46,219 7,211 53.430 46,078 3,564 49,642 Fund balances at 31 July 2022 62,320 6,775 69,095 46.219 7,211 53,430 The statement of financial activitie5 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 under the Companies Act 2006.
NORTHWEST COUNSELLING LIMITED BALANCE SHEET ASAT31 JULY2022 2022 2021 Notes Flxed assets Tangible assets 5,118 5,836 Current asset$ Debtors Cash at bank and in hand 10 19,759 48,354 7,679 44,288 68,113 51,967 Credltors: amounts falllng du8 wlthln one year 11 {4,136) {4,373> Net current assets 63,977 47,594 Total assets less current Ilabllltlos 69,095 53,430 Income funds Restrlcted funds Unrostricled fund5 6,775 62,320 7,211 46,219 69,095 53,430 The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 July 2022. 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 finanrial statements for the year in question in accordance with section 476. These flnancial statements have been prepared in accordance with the provisions applicable lo companies subject to the small companies regime. Th ancial statements were approved by the Trustees on 31 May 2023 R Craig Truste Company rogistratlon number N1055942
NORTHWEST COUNSELLING LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2022 Accounting policies Charity infomiatlon Northwest Counselling Limited is a private company limited by guarantee incorporated in Northem Ireland. The registered office is Unit 8. The Vale Centre, Greysteel. Co Londondery, BT47 3GE. 1.1 Accountlng conventlon The accounts have been prepared in accordance with the charitys Memorandurn and Articles of Association, the Companies Act 2006 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). las amended for accounting periods commencing from 1 January 2016). 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 Slatement of Cash Flows. The financial ststements are prepared in sterling. which is the functional currency of the charity. Monetary amounts in these financial ststements are rounded to the nearest £. The financlal statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair valuel. The principal accounting policies adopted are set out below. 1.2 Golng con¢em At the time of approving the financial statements. the trustees have a reasonable expectation that the chafity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concem basis of accounting in preparing the financial ststements. 1.3 Charitable funds Unrestricted funds are available for use at the discretion of the trustees in fijrtherance of their charitsble objectives. Restricted funds are subject to specffic conditions by donors as to how they May be used. The purposes and uses of the restricted funds are set out in the notes to the financial ststements. Endowment funds are subject to specific conditions by donors that the capital must be maintsined by the charity. 1.4 Income Income is recognised when the charity is Segally entttled to it after any perfomance conditions have been met, the amounts can be measured reliably, and tt is probable that income will be re¢eived. Cash donations are recognised on receipt. Other donations are recognised once the charrty has been notified of the donation. unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or otherwise rf the charity has been notified of an impending distribution. the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset. 1.5 Expenditure Expenditure is recognised On there is a legal or constructive obligation to make a payment to a third paty. it is probable that settlement wll be required and the amount of the obligation can be measured reliably. Expenditure on charTrtable activities includes the costs of services undertaken to further the purposes of the charity and their associated support costs.
NORTHWEST COUNSELLING LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2022 Accountlng policies (Continued) 1.6 Tangible flxed assels Tangible fixed assets are initially measured at cost and subsequendy measured at Cost or valuation, net of depreciation and any impaiment losses. Depreciation is r8cognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Fixtures and fittings 10°/o Straight line The galn or loss arising on the disposal of an asset is d8t8miined as the difference betsv8en the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities. 1.7 Impalrment of flxed assets At each reporting end date, the charity reviews the carying amounts of its tangible assets to determine whether there is any indication Ihat those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine Ihe exlent of the impairment loss (if any). 1.8 Cash and cash equlvalent5 Cash and cash 8quivalents include cash in hand, d8POSits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank ov6rdrafts are shown within borrowings in current liabilities. 1.9 Flnanclal Instruments The charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 'Other Financial Instruments Issues, of FRS 102 to 811 of its financial instruments. Flnancial instruments are recognised in the charity's balance sheet when the charity becomes party to the conlractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the re¢ognised amounts and there is an inlention to settle on a net basis or to realise the asset and settle the liability simultaneously. Baslc flnanclal assets Basic financial assets, which include debtors and cash and bank balances, ar8 Initially measured at transaction price Including transaction costs and are subseqLsently carried at 8rnortised cost using the effective interest method un18SS the arrangement constitutes a financing transaction, where the transaction 15 measured at the present value of the futur8 receipts discounted at a market rate of interest. Financial assets classified as receivable within on8 year are not amortised. Baslc flnanclal liabilltles Basic financial liabilities, including creditors and bank loans are initially recognised at transaction pric& unless the arrangemenl constitutes a financing transaction, where the debt instrument is measured at th8 present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost. using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are dassified as current liabilities rf payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequenuy measured at amortised cost using the effective interest method.
NORTHWEST COUNSELLING LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2022 Accounting policies (Continued) Derecognition of financial liabilities Financial liabilities are derecognised when the charitys contractual obligations expire or are discharged or cancelled. 1.10 Employee benefits The cosl of any unused holiday entitlement is recognised in the period in which the employee's seNices are received. Termination benefits are cOgnised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits. Critlcal accounting estimates and Judgements In the application of the charity's accounting policies. the trustees are required to make judgements, estimates and assumptions about the carying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumpiions are based on historical experience and other factors that are conSided to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptSons S reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. Grants & donations Unrestricled Unrestricted Restricted funds fijnds funds Total 2022 2021 2021 2021 Donations and gifts General grants 19.020 6.885 6,885 4,541 4.541 19,020 6.885 4,541 11,426 Donations and glfts Inner City Trust Donations Eurospar 7.000 1,925 10,095 5,000 1.885 5,000 1.885 19,020 6.885 6,885 Grants receivable for core activities VCSE Covid Recovery Fund The Community Foundation Co-operation Ireland 2.000 1,049 1,492 2,000 1.049 1,492 4.541 4,541
NORTHWEST COUNSELLING LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2022 Grants & donations Icontlnued) Charltable activities Charitable Charitable Income Income 2022 2021 Counselling fees 118,649 59.998 Charltable actlvltles Charltable Charltabl8 Expendlture Expenditure 2022 2021 Staff costs Depreciation and Impairment Counsellors fees Adminislration support costs - Halifax Foundalion I CLEAR Project Other costs - Halifax Foundation I CLEAR Project 18,393 718 88,321 12,854 748 40,813 80 178 107,432 54,673 Share of support costs (see note 6) Share of governance costs {see note 6) 12.927 1,645 11,048 1,915 122,004 67,636 Analysls by fund Unreslricled funds Restricted funds 121,568 436 66,742 894 122,004 67,636 10-
NORTHWEST COUNSELLING LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2022 Support costs Support Governance ¢05ts costs 2022 Support Governance c¢)sts costs 2021 Rent & rates Insurance Light & heat Repairs & renewals Service charge payable Printing. postage & stationery Telephone Sundry expenses Bank charges 4,560 1,774 1,758 972 832 4,560 1,774 1.758 972 832 4.560 727 1,179 1,248 763 4,560 727 1.179 1,248 763 766 1,084 1,114 67 766 1,084 1,114 67 483 1.215 828 45 483 1,215 828 45 Legal and professional 1,645 1,645 1,915 1.915 12.927 14,572 11,048 1.915 12,963 Analysed betsveen Charitable activities 12,927 14,572 11,048 1,915 12,963 Trustees None of the trustees (or any persons connected with them) received any mUneration or benefits from the harity during the year. Employees The averdge monthly number employees during the year was: 2022 Number 2021 Number Employees Employment costs 2022 2021 Wages and salaries 18,393 12,854 There were no employees whose annual remuneration was more than £60,000. 11
NORTHWEST COUNSELLING LIMITED NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 JULY 2022 Tanglble flxed assets Flxtures and flttlngs Cost At 1 August 2021 11,785 At 31 July 2022 11,785 Depreciation and Impalrment At 1 August 2021 Depreciation charged in the year 5,949 718 At 31 July 2022 6,667 Carrylng amount At 31 July 2022 5,118 At 31 July 2021 5,836 10 Debtors 2022 2021 Amounts falling due wlthln one year: Trade debtors Prepayments and accrued income 18,626 1,133 7,553 126 19,759 7,679 11 Credltors: amounts falllng due wlthln one year 2022 2021 Other taxation and social security Trade creditors Other creditors Accruals and deferred income 43 2,430 13 1,650 43 2,668 12 1,650 4,136 4,373 12-
NORTHWEST COUNSELLING LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 JULY 2022 12 Analysis of net assets between funds Unrestricted Restricted funds funds Totsl Unrestricted Restricted funds funds Total 2022 2022 2022 2021 2021 2021 Fund balances at 31 July 2022 are represented by: Tangible assets Current assetsl{liabilities} 5,118 63,977 5,118 63,977 1.909 44,310 3,927 3,284 5,836 47,594 69,095 69,095 46,219 7,211 53,430 13 Relatsd party transactions There were no disclosable related paty transactions during the year (2021- none). 13-