31 2019 - register-of-charities.charitycommission.gov.uk

Company registration number; 04756998 (England and Wales)Charity number: 1107527

THE FOUNDATION FOR GROWTH THROUGH GRIEVING

(A COMPANY LIMITED BY GUARANTEE)FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2019

Company registration number: 04756998 (England and Wales)Charity number: 1107527



CONTENTS

Report of the trustees

Independent examiner's report

Statement of financial activities

Balance sheet

Notes to the financial statements

Page

1 —3

7 —10




Page1

REPORT OF THE TRUSTEES

The Trustees, who are also the directors of the company for purposes of the Companies Act, are pleasedto present their report and the accounts of the Charity for the year ended 31 May 2019, which have beenprepared in accordance with the current statutory requirements and the Charity's governing document. Thisreport and the accounts follow the reporting requirements set out in the Charities SORP Financial ReportingStandard (FRS 102).

REFERENCE AND ADMINISTRATIVE DETAILS FOR THE CHARITY, ITS TRUSTEES AND ADVISERS

Charity name: The charity is known by the name "THE EMOTIONAL LOGIC CENTRE"

Company Registration Number. 04756998 (England and Wales)

Charity Number. 1107527

The trustees at the date of approval of this report and those who served during the year were:

Mrs. Gillian CowsillMr. Gordon McKinnon LakeMr. Alan McCarthyMrs. Maria McCarthy

Executive officer:

Principal and registered office:

Dr. Trevor Griffiths

South HighlandsBlachford RoadIvybridgePL21 OAD

Bankers: Lloyds Bank PLC13 Fore StreetIvybridgePL21 9AD

Accountants: Beverston Accountants Ltd

C1 Apollo CourtNeptune Park, CattedownPlymouthDevonPL4 OSJ




Page 2


Status, governance and management

The charity was incorporated on 8th May 2003 and is a company limited by guarantee. 1he trusteescontinue to meet on a regular basis to advise, monitor and oversee the strategic development of theorganisation and its financial stability. In order to appoint new trustees, the charity consults widely withinand outside the organisation to find people with organisational skills who know and support the charity'swork. Willing applicants meet with existing trustees, who vote unanimously on appointments. The inductionprocess involves providing new trustees with the relevant literature and a full overview of the charity'sworkings.

Objectives and activitiesThe charity's objects and activities are to provide 'Emotional Logic' training to healthcare workers,counsellors, social support workers, teachers, teaching assistants and managers at every level ofcommercial and statutory service industries who have supervisory responsibilities for staff. Training is alsoprovided directly to families to improve the adaptability and resilience of the upcoming generation. Theobjective is to run courses and support groups in a semi-structured learning environment to teachparticipants to understand the emotional process of adjustment to losses that accompanydisappointments and setbacks in life, and how this affects physical and mental health.

Main achievementsThe work in primary and secondary schools continues to expand, making full use of the wide range of age-appropriate materials now available. A main achievement this year has been consolidating our leadershipteam and its communication with the trustees and our new accountants, so that management, planningand financial systems are in place that can cope with the anticipated growth of activity in schools beyondthe Southwest of England. A growing number of school staff trained as Emotional Logic Facilitators canembed the Emotional Logic method sustainably in educational systems. This forms the basis of our humanresource strategy for the coming years in both education and business leadership settings. A newopportunity to expand in association with play therapy is also opening, aiming to stabilise family life. Witha much stronger accounting system in place, we have completed the transition to be able to demonstrateboth our charitable and traded activities, so that gifted support of work abroad and in underprivileged areasof the UK can proceed from a stable financial base.

Public benefitThe trustees have had due regard to the guidance published by the Charity Commission on public benefit.

Financial reviewThe financial results are as set out in the annexed accounts. The trustees have been able to oversee theimproved financial reserve arising from a well-managed balance between traded and gifted activities. TheFounder has also, for the first time, been able to draw royalties from his Intellectual Property, and sufficientfunds remain to plan an expanded range of activities in the coming year.




Page 3


Statement of trustees' responsibilities

Law applicable to charities in England and Wales requires the trustees to prepare financial statements foreach financial year which give a true and fair view of the charity's financial activities during the period andof its financial position at the end of the period. In preparing financial statements giving a true and fair view,

the trustees should follow best practice and:

~ Select suitable accounting policies and then apply them consistently

~ Make judgements and estimates that are reasonable and prudent

~ State whether applicable accounting standards and statements of recommended practice havebeen followed, subject to any departures disclosed and explained in the financial statements.

~ Prepare the financial statements on the going concern basis unless it is inappropriate to presumethat the charity will continue in operation.

The trustees are responsible for keeping accounting records which disclose with reasonable accuracy thefinancial position of the charity and which enable them to ascertain the financial position of the charityand which enable them to ensure that the financial statements comply with applicable law. They are alsoresponsible for the prevention and detection of fraud and other irregularities.

Accounting Exemptions

This report has been prepared in accordance with the special provisions relating to small companies within

Part 15 of the Companies Act 2006.

Signed on behalf of the trustees

Gordon Lake

~v (.~/~~




Page 4

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31May 2019 as set out on pages 5 to 11.

Responsibilities and basis of report

As the charity's trustees of the Company (who are also the directors of the company for the purposes ofcompany law), you are responsible for the preparation of the accounts in accordance with the requirementsof the Companies Act 2006 ("the 2006 Act"). Having satisfied myself that the accounts of the Company arenot required to be audited for this year under Part 16 of the 2006 Act and are eligible for independentexamination, I report in respect of my examination of your charity's accounts as carried out under section145 of the Charities Act 2011 ("the 2011 Act"). In carrying out my examination, I have followed theDirections given by the Charity Commission (under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in

connection with the examination which gives me cause to believe that in. any material respect:

1. the accounting records were not kept in accordance with section 130 of the Charities Act;

2, the accounts did not accord with the accounting records;

3. the accounts did not comply with the applicable requirements concerning the form and content ofaccounts set out in the Charities (Accounts and Reports) Regulations 2008 other than anyrequirement that the accounts give a 'true and fair' view which is not a matter considered as partof an independent examination.

I have no concerns and have come across no other matters in connection with the examination to whichattention should be dr n i this report in order to enable a proper understanding of the accounts to bereached.

Martin ruana FMAATBeverston Accountants LtdC1 Apollo CourtNeptune Park, CattedownPlymouthDevonPL4 OSJ

Date: ~ O2 f„o~




Page 5

STATEMENT OF FINANCIAL ACTIVITIES

TOTAL INCOMING RESOURCES

T~ gnnri2~st ~fnd

4 203,490 203,490

Restrictedtuttda

TtaNI

291%

136,536

RESOURCES EXPENDEDCost of charitable activitiesGovernance costsTOTAL RESOUCRCES EXPENDED

6 183,437 183,4377 1,419 1,419

184,856 184,856

144,9021,718

146,620

NET INCOME/EXPENDITURE

TRANSFERS BETWEEN FUNDS

NET MOVEMENT IN FUNDS

RECONCILIATION OF FUNDS:FUNDS BROUGHT FORWARD

FUNDS CARRIED FORWARDS

18,634 18,634

18,634 18,634

16,739 16,73935,373 35,373

10,084

(10,084)

26,82316,739




Page 6

STATEMENT OF FINANCIAL POSITION

Fixed assetsTangible fixed assets

~20 301s

130

Current assetsDebtorsCash at bank and in hand

10 12,72223,83736,559

19,2691,848

21,117

Creditors: amounts falling due within one yearNet current assets

1,18635,373

4,50816,609

Net assets 35,373 16,739

FundsUnrestricted fundsRestricted funds

12 35,373

35,373

16,739

16,739

For the year ending 31 May 2019 the company was entitled to exemption from audit under section 477 ofthe Companies Act 2006 relating to small companies. The members have not required the company toobtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with

respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to companies subject tothe small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities.

Approved by the Board on: 2-7/02-/'Lo'Lo

Director I Trustee




Page 7

NOTES TO THE FINANCIAL STATEMENTS

NOTE 1 - GENERAL INFORMATION

The Foundation for Growth Through Grieving is a charity in England. In the event of the charity being wound

up, the liability in respect of the guarantee is limited to El per member of the charity. The address of theregistered office is given in the charity information page of these financial statements.

NOTE 2 - STATEMENT OF COMPLIANCE

The accounts have been prepared in accordance with the Statement of Recommended Practice:Accounting and Reporting by Charities preparing their accounts in accordance with the Financial ReportingStandard applicable in the UK and Republic of Ireland (FRS 102) issued on 16 July 2014, and with theFinancial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102).

Note 3 —ACCOUNTING POLICIES3.1 BASIS OF PREPARATION OF THE FINANCIAL STATEMENTSThese accounts have been prepared under the historical cost convention with items recognised at cost ortransaction value unless otherwise stated in the relevant notes to these accounts.

3.2 FUND ACCOUNTINGGeneral reserves are unrestricted funds which are available for use at the discretion of the trustees in

furtherance of the general objectives of the charity and which have not been designated for other purposes.

Designated funds comprise unrestricted funds that have been set aside by the trustees for particularpurposes. The aim and use of each designated fund is set out in the notes to the financial statements.

Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donorsor which have been raised by the charity for a particular purpose.

3.3 INCOME

Incoming resources - recognition of incomeThese are included in the Statement of Financial Activities (SoFA) when:

~ the charity becomes entitled to the resources;~ it is more likely than not that the trustees will receive the resources;~ the monetary value can be measured with sufficient reliability.

OffsettingThere has been no offsetting of assets and liabilities, or income and expenses, unless required or permitted

by the FRS 102 SORP or FRS 102.

Tax reclaims on donations and giftsGift Aid receivable is included in income when there is a valid declaration from the donor. Any Gift Aid

amount recovered on a donation is considered to be part of that gift and is treated as an addition to thesame fund as the initial donation unless the donor or the terms of the appeal have specified otherwise.




Page 8


Income from interestThis is included in the accounts when receipt is probable, and the amount receivable can be measuredreliably.

Donated services and facilitiesDonated services and facilities are shown as incoming and outgoing resources and are estimated by thetrustees at an amount they would expect to pay for these services and facilities in accordance with note 5.

3.4 EXPENDITURE AND LIABILITIES

Liability recognitionLiabilities are recognised where it is more likely than not that there is a legal or constructive obligationcommitting the charity to pay out resources and the amount of the obligation can be measured withreasonable certainty.

Governance and support costsSupport costs have been allocated between governance costs and other support. Governance costscomprise all costs involving public accountability of the charity and its compliance with regulation andgood practice.

Support costs would include central functions allocated to activity cost categories on a basis consistentwith the use of resources, e.g, allocating property costs by floor areas, or per capita, staff costs by the timespent and other costs by their usage.

3.5 TANGIBLE FIXED ASSETS AND DEPRECIATIONTangible assets are included at cost less depreciation and impairment. Depreciation is calculated to writedown the cost of tangible fixed assets over their useful economic lives using a rate of 35%, of net bookvalue.

Note 4 —INCOMING RESOURCES FROM CHARITABLE ACTIVITIESTtaaf~20 9 heda

Courses, presentations and store sales 42,889 42,889Donations 141,020 141,020Gifts and Gift Aid reclaim 10,996 10,996Interest receivable 5 5Donated facilities (note 5) 8,580 8,580

203,490 203,490

~icthnna

T~l2rtail

46,43069,12812,398

8,580136 536

Note 5 - DONATED SERVICES AND FACILITIESThe charity operates from premises owned by Dr Griffiths and makes no payment for these facilities. Inaccordance with the SORP requirements the trustees have presented the cost as an income and anexpense, estimated at the rate of 5165 per week.

Company registration number; 04756998 (England and Wales)Charity number: 1107527


(A COMPANY LIMITED BY GUARANTEE)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2019

Page 9


Note 6 —COSTS OF CHARITABLE ACTIVITIES

DIRECT CHARITABLE EXPENDITURE

Charitable donationsBursaries and course subsidiariesTutoring servicesBooksDonated premises (note 5)Venue hireTravel and accommodationInsurance

~ata2919

14,66064,20614,613

8,580558

4,9751,741

109,333

14,66064,20614,613

8,580558

4,9751,741

109,333

Iattl2010

1,5136,346

52,1251,9418,5805,150

3771,026

77,058

SUPPORT COSTS

WagesTrainingBad debtsRoyalty paymentsRepairs, maintenance and equipment hireTelephoneAdministration and IT

PostageStationery and printingDepreciationAdvertisingWebsite and system analysisSubscription and membershipConsultancy and report writing

Payment services feesBank chargesSundry

Intel2019

34,2322,058

5,0821,977

772782539

5,793130

8,2473,9361,6788,394

220

26474,104

runtLsa

34,2322,058

5,0821,977

772782539

5,793130

8,2473,9361,6788,394

220

26474,104

899Lrfllfunda

Intel2ILttl

38,748733

1,260

1,404603622

1,6084,813

707,1567,9351,568

261155908

67,844

183,437 183,437 144,902

Note 7 —GOVERNANCE COSTS

Accountancy

Iatat2IUS

1,4191,419

1,4191,419

Innd

1,7181,718




Page 10


Note 8 - TRUSTEES REMUNERATION AND EXPENSESThe trustees neither received nor waived any emoluments or expenses during the year (2018:NIL).

Note 9 - TANGIBLE FIXED ASSETS

COSTBrought forwardCarried forward

Officeequipment

5,0375,037

DEPRECIATIONBrought forwardCharge for the yearCarried forward

4,907130

5,037

NET BOOK VALUEBrought forwardCarried forward

130

Note 10 —DEBTORS

Trade debtorsGift Aid

1,17011,55212,722

2QJ1I

6,31 512,95419,269

Note 11 - CREDITORS DUE WITHIN ONE YEAR

Trade creditorsTaxation and social securityAccru alaPensions

20O2

142

1,044

1,186

1,3571,8401,0734,5084,508

Note 12 —ANALYSIS OF NET ASSETS BETWEEN FUNDS

Tangible fixed assetsCash at bank and in handDebtorsCreditors due within one year

23,83712,7221,186

35,373

23,83712,7221,186

35,373

Note 13 —LIABILITY OF MEMBERSThe liability of the members is limited by guarantee which is restricted to 51 per member.

31 2019 - register-of-charities.charitycommission.gov.uk

Documents

Transcript of 31 2019 - register-of-charities.charitycommission.gov.uk