COMPANY REGISTRATION NUMBER: SC297929
CHARITY REGISTRATION NUMBER: SC021592
Charis Foundation
Company Limited by Guarantee
Unaudited Financial Statements
31 March 2025
18 North Street. Glenrothes. Fife KY7 SNA 01592 610388
8 Mitchell srreet. Leven. Fife KY8 4HJ Q1333 42325Q
www.pater50nboyd.ctvn
PATERSON BOYD & CO
cHIK[￿[BIT￿IEDACCryJNTAN[s

Charis Foundation
Company Limited by Guarantee
Financial Statements
Year ended 31 March 2025
Page
Trustees, annual report (incorporating the director's report)
Independent examiner's report to the trustees
Statement of financial activities (including income and expenditure
actountl
Statement of financial position
Notes to the financial statements
li

Charis Foundation
Company Limited by Guarantee
Trustees. Annual Report (Incorporating the Dirertor's Report)
Year ended 31 March 2025
The trustees. who are also the directors for the purposes of company law. present their report and the
unaudited financial statements of the charity for the year ended 31 March 2025.
Reference and administrative detslls
ReBlstered tharity narne
Charis Foundation
Charlty reglstration number
SC021592
Company reglstration number SC297929
Prlnclpal offlce and re8lstered 232 High Street
office
Leslie
Fife
KY6 3DB
The trustees
Reverend Peter Davey
Marc Treadwell-Heaih
Marhsall Sisterson (Chairl
Kenneth 8axler (Treasurer)
Morven Davey
Rona Fotheiingham
Carolyn Kemp
Helena Moss
(Appolnted l Aprll 20241
(Appointed 17 October 20241
(Resigned 17 April 20241
(Resigned 25 November 20241
(Resigned 17 September 20241
Independent examlner
Craig Wallace B.Acc.IHonsl, F.C.C.A.
18 North Street
Glenrothes
Fife
KY7 SNA

Charis Foundation
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) Ic¢MllppwdJ
Year ended 31 March 2025
Structurei govemance and management
Governin
document
The charity is a company limited by guarantee incorporated on 28 February 2006. It assumed the
activities. assets and liabilities of the Fife Christian Counselling Centre. an unincorporated charitable
trust. The charity changed its name from Frfe christs.an Centre to the Charis Foundation on 11
December 2006. The charitable company is regulated by the offi.ce of the Scoth"sh Charity Regulator.
Recruitment and a
ointment of Trustee
The Director5 of the charity are also charity trustees for the purposes of charity law and are seletted
from those people with an interest in the Jrtivib"es of the charity who have the appropriate skills and
abilthes.
Trustee induction and trainin
New trv5tees will be given information in relation to the work of Chari5 Foundation and given a tour
of the premises. In addits"on, they will be advised to study various web51te5 including those of the
Charity Commission and the Oflice of the Scottish Charity Regulator.
ani
ati
The day to day running of the Foundation is the responsibility of the Leadership Team which is made
up of S members13 of whom are on the board). comprising the Treasurer, the Foundatr'on Coordinator,
the Counselling Manager. the Lead Tutor for the Trainin8 Centre and one other board member. The
team meet monthly. and report quarterly to the board of directors. who have overall responsibility.
The Centre is open for counsel11￿ on a Monday. Wednesday and Friday with the Counselling Manager
and Receptionist present at all times. Trained counsellors gift their time, with a maximum of 3
counsellors present each day. seeing up to 4 clients each per day. The Counselling Manager has day to
day responsibility for overseein8 the counsellin8 work and suppotting the Counsellors and the
Administrator.
Charis Training offers a high standard of counsellingtraining whith is accredited by the Counselling and
Psychotherapy Central Awarding Body ICPCABI. These courses offer 3 progression route which tan
lead to an Open UniveT5ity Foundats"on De8Tee in Counselling.
The Executive Committee consists of Chairperson, Secretary, Treasurer and two more Director5. The
Board of Directors meet three times yearly to oversee decisions made and have overall fi.nancial
responsibility for the accounts.
Peo
leof si
nificant control
The charity maintain5 a regi51er of those with significant control and this informatr.on 15 declared to
Companies House annually.

Charis Foundation
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) Ic¢MllppwdJ
Year ended 31 March 2025
Structurei govemance and management itth
Risk mana
ement
The Directors continually assess the major risks to which the centre is exposed and the systems to
mitigate them.
Objectives and artivlties
Our
ur
oses and activitie5
Charis Foundation exists to provide a counselling service to those in need, regardless of Social status,
race, religious or philosophical belief. Since January 2023, clients have been requested to make
voluntary donatr.ons for each session, however, provision of the service remain5 free to those who are
unable to make a th'nanci31 contribution.
The second aspect of the Charis Foundation is to provide CPCAB accredited counselling Training Levels
2, 3 & 4 culminating in Charis Diploma in Therapeutic Counselling.
The thlrd aspect of Charls Foundation Is to offer Chrlstian retreats deslgned to sult Indlvldual
requirements.
Achlevements and perfom)•nfe
Overview
During the financial year 2024125 the directors recognised that the way that The Charis Foundation
was funded was no longer sustainable. For many years Charis had relied upon Counsellors giving their
time to the organisation for free and others lincludin8 churches) giving financially to support of the
work. This was not a sustainable way forward as changes in the counselling profession made it
increasingly difficult to tind volunteer counsellors and the income from donations didn't keep pace
with increasing costs.
The training provision did generate net income forthe widerworkof the organisation but was hit badlv
by Covid and never properly recovered (see below). Consequently, looking at our financial reports and
future financial predictions, the board considered that our income would not be enough to ensure that
the organi5ation would remain 50fvent.
The Directors met regularly to look forother sovTce5 of funding thatwould secure the long-term future
of the Foundation. This proved difficult due the current linancial situation including con51raints faced
by Local Government and the NHS.
During the linancial year 2023124the Directors agreed that the cost of trainingwould have to increase.
The Charis Foundation had been in a position to offer training courses at very low cost to students.
However, the need for a new business model and a review of costs has meant course fees had to rise
signilicantly for the Diploma course to remain viable. However. the result was that the take up for the
training course reduced and it became unsustainable to run.

Charis Foundation
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) Ic¢MllppwdJ
Year ended 31 March 2025
Achievements and perfom)ance it￿￿￿*&j
The Directors had to make the difficult decision that The Charis Foundation would have to close
completely. This was a decision that was not made easily. as the Directors recognised the impact this
would have on the people who relied upon the service.
The Directors made the decision to close the Foundation in an orderly manner, ensuring that client5
who had started their course of counselling would be able to fi.nish their se55ion5. This wa5 a
particularly tlifficult time as the waits.ng list was skn.ll around 40 people.
The only substantial asset the Charis Foundab"on had was the counselling buildin8, so the decision was
taken to put the building up for Sale on the open market. Any funds reali5ed from thi5 sale would pay
off any debt5, and any 5urplv5 would be dispersed in accordance with our Consts"tutiOn.
The Training Manager continued to oversee the counselling service until it finally closed in November
2024. Following that, the Training Manager and the Administrakn"ve Assistant did all nece55ary close
down procedures ensuring that GDPR re8ulatr.ons were followed.
At the end of ihe financial year 2024125 the building was still forsale on the open market. The Director5
have encountered problems with Land Registry details which has complicated the sale process.
Counsellin
The Counsellin8 Manager. also a qualified Counsellor. had overall responsibility forthe safe and ethical
practice of the counselling service. When The counselling manager left. the trainin8 mana8ertook over
this role and ensured the ethical practice of the counselling service.
During this period demand for counselling was still high. At the start of April 2024. we continued to
work as normal. but soon after started to work on a close down plan. 36 clients per week dropped until
all clients had received their sessions in November 2024.
Early in the financial year The Dirertors made the decision not to take on any new clients and help
Ihose on the waitr"n8 list to seek alternats.ve counselling Servi￿S.
All donor5 were contarted to inform them that the 5eTvice would be closing.
Financial review
Results for the
The charity ha5 a deficit of £39,594 for the year12024- svrplus of £6,829).
ear
Reserves
olic and
oin
concern
The uniestricted reserves represent the free reseNes available to the Trustees to fulfil the primary
objectives. In addition. reserves of £Nil12024-. £14.0761 are designated to assist with the salary of the
Counselling Manager and £Nil12024..£9.9381 are restricted to support volunteer expenses and trial
one-off solution focused therapy sessions.

Charis Foundation
Company Limited by Guarantee
Trustees, Annual Report (Incorporating the Director's Report) Ic¢MllppwdJ
Year ended 31 March 2025
Financial reviewicohtlnutdl
With the decision to wind the charity down being made. the Trustees are sats'sfied that they can meet
their remaining liabilities when they fall due. Unrestricted reserves of £25,57612024'. £41.1561 were
held at the end of the year which is well in excess of this at present.
Plans for future periods
The Director5 have beerh working to close down The Charis Foundation in an orderly fashion. The
director5 have met regularly to agree a way forward.
The Charis Coun5ellin8 buildin8 was fi.nally 501d in September 2025, the sale having been delayed owing
to difhculties with the land registry entry of the adjacent propertv.
Small company provlslons
This report has been prepared in accordance with the provisions applicable to companies entitled to
the small companies exemption.
The trustees, annual report was approved on 23 April 2026 and signed on behalf of the board of
trustees by..
I￿(L gifv
Kenny Baxter
Treasurer
Marshall Sisterson
Chair

Charis Foundation
Company Limited by Guarantee
Independent Examiner's Report to the Trustees of Charis Foundation
Year ended 31 March 2025
I report to the trustees on my examination of the financial statements of Charis Foundation I'the
charity'l for the year ended 31 March 2025.
Responsibilities and basis of report
As the trustees of the company land also it5 dirertors for the purposes of company lawl you are
responsible forthe preparation of the h'nancial statements in accordance with the requirements of the
Charities and Trustee Investment Iscotlandl Act 2005 I'the 2LK)5 Act'l, the Charitr"e5 Accounts
(Scotlandl Regulatr"ons 2(K16 las amended) and the Companie5 Act 2006 I'the 2(K16 ACYI. You are
5ats"5fi"ed that the accounts of the company are not required by charity or company law to be audited
and have chosen instead to have an independent examinakn"on.
Having satisfied myself that the accounts of the company are not required to be audited under Part 16
of the 2006 Act and are eligible for independent examination, I report in respect of my examination of
the charity's accounts carried out under section 44llllcl of the 2005 Act. In carrying oul mv
ex3minatr.on I have followed the requirements of Regulation 11 of the Charities Account5 (Scotlandl
Regulations 2006 las amended).
Independent examlner's ststement
Slnce the charily is required by company law to prepare its accounts on an accruals basls and Is
registered as a charity in Scotland your examiner must be a member of a body listed in Regulatr'on
11121 of the Charities Accounts (Scotlandl Regulation$ 2fy)6 las amended). I can confirm that l am
qualified to undertake the examin3ts.on because l am a registe￿d member of the Association of
Chartered Certs'fied Accountants which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connertion
with the examination giving me cause to believe:
accounting records were not kept in re5pecl of the charity as Tequired by section 386 of the
2CQ6 Act, section 44llllal of the 2005 Act and Regulation 4 of the 2006 Accoun15
Regulations. or
the financial statements do not accord with those record5 or with the accounting
requirements of Regulation 8 of the Charities Accounts Iscotlandl Regulation5 21N)6,' or
the financial statements do not comply with the accounting requirements of section 396 of
the 2006 Act other than any requirement that the accounts give a 'true and fair, view which
is not a matter considered as part of an independent examination,. or
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
chèrities applicable to charities preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021.

Charis Foundation
Company Limited by Guarantee
Independent Examiner's Report to the Trustees of Chari5 Foundation Iconiinuedl
Year ended 31 March 2025
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
accounts to be reached.
Craig Wallace B.Acc.IHonsl, F.C.C.
Independent Examiner
18 North Street
Glenrothes
Fife
KY7 SNA
23 Aprll 2026

## Year ended 31 March 2025 

|1|-|1|2|
|---|---|---|---|
|---------------------------------|----------------|---------------------------------|---------------------------------|
|14,513|_|14,513|56,057|
|=================================|================|=================================|=================================|
|44,169|9,938|54,107|49,228|
|---------------------------------|---------------------------|---------------------------------|---------------------------------|
|44,169|9,938|54,107|49,228|
|=================================|===========================|=================================|=====================**=**==========|
|---------------------------------|---------------------------|---------------------------------|---------------------------------|
|(29,656)|(9,938)|(39,594)|6,829|
|=================================|===========================|=================================|=====================**=**==========|
|55,232|9,938|65,170|58,341|
|---------------------------------|---------------------------|---------------------------------|---------------------------------|
|25,576|-|25,576|65,170|
|=================================|===========================|=================================|=====================**=**==========|





## 31 March 2025 

|2,257<br>1,747|36<br>41,909|
|---|---|
|---------------------------|---------------------------------|
|4,004|41,945|
|2,995|1,342|
|---------------------------|---------------------------------|
|1,009|40,603|
|---------------------------------|---------------------------------|
|25,576|65,170|
|---------------------------------|---------------------------------|
|25,576|65,170|
|=================================|=================================|
|-|9,938|
|25,576|55,232|
|---------------------------------|---------------------------------|
|=================================<br>25,576|=================================<br>65,170|



For the year ending 31 March 2025 the charity was entitled to exemption from audit under section 



Charis Foundation
Company Limited by Guarantee
ststement of Financial Position ICOMth￿
31 March 2025
These financial statements were approved by the board of trustees and authorised for issue on 23
April 2026. and are signed on behalf of the board bv:
Kenny Baxter
Treasurer
Marshall Sisterson
Chair
The notes ￿ paEe$ 11 to 21 fm part olthesellnancièl skntements.
io

Charis Foundation
Company Limited by Guarantee
Notes to the Financial Statements
Year ended 31 March 2025
General inforn)ation
The charity is a public benefit entity and a private company limited by guarantee. registered in
Scotland and a registered charity in Scotland. The address of the registered offi'ce is 232 High
Street. Leslie. Fife. KY6 3DB.
Statement of compliance
These financial statements have been prepared in compliance with FRS 102, 'The Financial
Reporbng Standard applicable in the UK and the Republic of Ireland., the Statement of
Recommended Pr3thce applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (Charities
SORP IFRS 10211 and the Companies Art 2006.
Accountlng pollcles
Ba$ls of preparation
The financial statements have been prepared on the historical cost basls, as modithed by the
revalvaD'on of certain financial assets and liabilities and investment properties measured at falr
value through income or expenditure.
The thnanclal statements are prepared In sterlin& whlch Is the fvnctional currency of the entity.
Goln8 concern
During the year, the Trustees decided to start the process of winding up the charity, therefore
the linancial statements have not been prepared on a 80in8 concern basis.
Dlsclosure exemptlon5
The enrity sat6sfies the criteria of being a qualifying enfjty as defined in FRS 102. As such,
advantage has been taken of the following dist105ure exemptr"on5 available under paragraph 1.12
of FRS 102..
lal No cash flow statement has been presenled for the company.
Ibl Oisc105ures in respert of h'nancial instruments have not been presented.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements,
estimates and assumptions that affect the amounts reported. These estimates and judgements
are continually reviewed and are based on experience and other factors. including expectations
of future events that are believed to be reasonable under the circumstances.
li

Charis Foundation
Company Limited by Guarantee
Notes to the Financial Statements lco￿￿￿e￿I
Year ended 31 March 2025
Accounting policies
Income tax
The charity is exempt from tax on income and gain5 falling within section 50511) of the Taxes Act
1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are
applied to its charitable objects.
Fund act￿￿ting
Unrestricted general funds, which can be used in accordance with the charitable objective5
at the discretion of the trustees.
Restricted funils, which are funds that can only be used foi a particular restricted puipose
within the objectives of the charity- Restrictions arise when specified by the donor or when
funds are raised for particular restricted purposes.
Incomln8 resources
All Incoming resources are Included in the statement of financlal activlties when entitlement has
passed to the charily,. it is probable that the economic beneth'ts associated with the transactr'on
will flow to the charity and the amount can be reliably measured. The following speclfic policies
re applled to particular categorles of Income..
income from donations or grants is recognised when there is evidence of entitlement to the
gift, receipt is probable and its amount can be measured reliabty.
le8acy income is reco8nised when receipt is probable and entitlement is established.
income from donated goods is measured at the fair value of the goods unless this is
impractical to measure reliably. in which case the value is derived from the cost to the donor
or the estimated iesale value. Donated facilities and services are recognised in the accounts
when received if the value can be reliably measured. No amounts are included for the
contribution of general volunteers.
income from contracts for the supply of services is recognised with the delivery of the
contracted service. Thi5 15 cla55ified a5 unrestrirted fund5 unless there 15 a contractual
requirement for itto be Spent on a particular purpose and returned if unspent, in which case
it may be regarded as restricted.

Charis Foundation
Company Limited by Guarantee
Notes to the Financial Statements lco￿￿￿e￿I
Year ended 31 March 2025
Accounting policies
Resources expended
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any
VATwhich cannot be fully recovered, and is classified underheadingsof the statement of financial
activities to which it relates..
expenditure on raising fund5 includes the costs of all fundraising activities, events, non-
charitable trading athviti"es, and the sale of donated goods.
expenditure on charitable achvrties includes all costs incurred by a charity in undertaking
achvities that further Its charltable aims for the benefit of its beneficiaries, including those
511PPOrt costs and costs relating to the governance of the charity apportioned to charitable
activitres.
other expenditure includes all expendituie that is neither related to raising funds for the
charity nor part of its expendituie on charitable activities.
All costs are allocated to expenditure categories reflecDn8 the use of the resource. Direct costs
attributable to a single activity are allocated directly to that activity. Shared costs are apportioned
between the aclivities they contribute to on a reasonable. justifiable and conslstent basls.
Tan8lble assets
Tangible assets are iniknally recorded at cost, and subsequently stated at C05t less any
accumulated depreciation and impairment losses. Any tangible assets carried at revalued
amounts are recorded at the fair value at the date of revaluation le55 any subsequent
accumulated depreciation and subsequent accumulated impairment1055e5.
Depreclation
Depreciation is calculated so as to write off the cost orvaluation of an asset, less its residual value,
over the useful economic lrfe of that asset as follows:
Property
straight line over five years
The Board of Trustees has considered the implication of FRS 102 in respect of lal the separation
of c05t of land and building5 and Ibl the depreciation of building5. They do not consider that the
split of costs is 518nih.cant in relation to the underslanding of these fi.nancial account5 and have
not therefore taken Steps to comply with rt. The Board of Trustees does not consider that failure
to comply prejudice5 the Showing of a true and fair view of the charity'5 affair5.

## Year ended 31 March 2025 

||£|£|£|
|---|---|---|---|
|Donations||||
|Donations to Charis Foundation|8,904|-|8,904|
|Tax recoverable on gift aid|1,299|-|1,299|
|Grants||||
|Grants receivable|-|-|-|
||---------------------------------|----------------|---------------------------------|
||10,203|-|10,203|
||=================================|================|=====================**=**==========|









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## Year ended 31 March 2025 

|960|-|960|
|---|---|---|
|---------------------------------|---------------------------|---------------------------------|
|44,169|9,938|54,107|
|=================================|===========================|=================================|
|Unrestricted|Restricted|Total Funds|
|Funds|Funds|2024|
|£|£|£|
|47,333|900|48,233|
|995|-|995|
|---------------------------------|----------------|---------------------------------|
|48,328|900|49,228|
|=================================|================|=====================**=**==========|



|-|960|960|995|
|---|---|---|---|
|---------------------------------|----------------|---------------------------------|---------------------------------|
|53,147|960|54,107|49,228|
|=================================|================|=================================|=================================|



|960|960|995|
|---|---|---|
|================|================|============**=**==|
||2025|2024|
||£|£|
||================<br>960|============**=**==<br>995|





## Year ended 31 March 2025 

----------------------------------------------------------------23,171 18,269 

================ ============ **=** == 

At 1 Apr 2024 and 31 Mar 2025 24,567 ================================= Depreciation At 1 Apr 2024 and 31 Mar 2025 - ================================= Carrying amount At 31 Mar 2025 24,567 ================================= At 31 Mar 2024 24,567 ================================= 




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|---|---|
|===========================|============**=**==|



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