for the Period Ended 31 March 2023
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 March 2023
Directors
The directors shown below have held office during the whole of the period from
1 April 2022 to 31 March 2023
The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006
This report was approved by the board of directors on
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
2023 | 14 months to 31 March 2022 | |
---|---|---|
| £ | £ |
Turnover: | | |
Cost of sales: | ( | ( |
Gross profit(or loss): | | |
Administrative expenses: | ( | ( |
Operating profit(or loss): | | |
Profit(or loss) before tax: | | |
Tax: | ( | ( |
Profit(or loss) for the financial year: | | |
As at
Notes | 2023 | 14 months to 31 March 2022 | |
---|---|---|---|
| £ | £ | |
Called up share capital not paid: | | | |
Current assets | |||
Debtors: | 3 | | |
Cash at bank and in hand: | | | |
Total current assets: | | | |
Creditors: amounts falling due within one year: | 4 | ( | ( |
Net current assets (liabilities): | | | |
Total assets less current liabilities: | | | |
Total net assets (liabilities): | | | |
Capital and reserves | |||
Called up share capital: | | | |
Profit and loss account: | | | |
Total Shareholders' funds: | | |
The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 March 2023
Basis of measurement and preparation
Other accounting policies
for the Period Ended 31 March 2023
2023 | 14 months to 31 March 2022 | |
---|---|---|
Average number of employees during the period | | |
for the Period Ended 31 March 2023
2023 | 14 months to 31 March 2022 | |
---|---|---|
£ | £ | |
Trade debtors | | |
Prepayments and accrued income | | |
Other debtors | | |
Total | | |
for the Period Ended 31 March 2023
2023 | 14 months to 31 March 2022 | |
---|---|---|
£ | £ | |
Trade creditors | | |
Taxation and social security | | |
Accruals and deferred income | | |
Total | | |
The company delivers free or low-cost specialist psychotherapy for people who experience psychosis and people with an experience of racial trauma in deprived areas in Inner City London (Islington, Lambeth and Southwark). The company offers a combination of long-termindividual therapy, open-ended art and talking therapy groups and peer support groups (dropin-service). It also provides specialist training and supervision to a growing team of therapists and volunteers across 3 boroughs.The Psychosis Therapy service is funded on an ongoing basis by Islington Mind in the context of Islington Mind's contract with Islington Council. It was funded by Lambeth & Southwark Mind until the end of March 2023 in the context of a National Lottery Reaching Community grant. The Usemi Racial Trauma Clinic received funding from the Maudsley Charity until September 2022. Neither funding could be renewed, which impacted PTP- Usemi services in South London. In June 2022, the Psychosis Therapy Project secured funding from Lambeth Council for Usemi to deliver specialist support in the context of the Redress scheme. Additionally, a National Lottery Awards for All grant has funded 3 culturally specific Women's groups (Black, Asian and Latin-American) for a year from December 2022. The PTP low-cost clinic is being developed so as to expand self-funding strategies.
The company’s stakeholders consist in a community of 75+ service users (and their carers) and 30 therapists and volunteers across Islington, Lambeth and Southwark. Our service has continuously been shaped and developed through consultation. We have received excellent feedback from service users. Therapists and volunteers are also consulted in the context ofmonthly team meetings and fortnightly group supervision sessions as well as through ad-hoc individual meetings.
Directors salaries are stated within the Subcontractor costs
No transfer of assets other than for full consideration
This report was approved by the board of directors on
30 October 2023
And signed on behalf of the board by:
Name: Dorothee Bonnigal-Katz
Status: Director