THE EMPATHY PROJECT CIC

Company limited by guarantee

Company Registration Number:
15272662 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2024

Period of accounts

Start date: 9 November 2023

End date: 30 November 2024

THE EMPATHY PROJECT CIC

Contents of the Financial Statements

for the Period Ended 30 November 2024

Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

THE EMPATHY PROJECT CIC

Profit And Loss Account

for the Period Ended 30 November 2024

13 months to 30 November 2024


£
Turnover: 58,966
Cost of sales: ( 14,990 )
Gross profit(or loss): 43,976
Distribution costs: 0
Administrative expenses: ( 46,101 )
Other operating income: 0
Operating profit(or loss): (2,125)
Interest receivable and similar income: 0
Interest payable and similar charges: 0
Profit(or loss) before tax: (2,125)
Tax: 0
Profit(or loss) for the financial year: (2,125)

THE EMPATHY PROJECT CIC

Balance sheet

As at 30 November 2024

Notes 13 months to 30 November 2024


£
Fixed assets
Intangible assets:   0
Tangible assets:   0
Investments:   0
Total fixed assets: 0
Current assets
Stocks:   0
Debtors:   0
Cash at bank and in hand: 1,981
Investments:   0
Total current assets: 1,981
Prepayments and accrued income: 0
Creditors: amounts falling due within one year: 3 ( 4,106 )
Net current assets (liabilities): (2,125)
Total assets less current liabilities: (2,125)
Creditors: amounts falling due after more than one year:   0
Provision for liabilities: 0
Accruals and deferred income: 0
Total net assets (liabilities): (2,125)
Members' funds
Profit and loss account: (2,125)
Total members' funds: ( 2,125)

The notes form part of these financial statements

THE EMPATHY PROJECT CIC

Balance sheet statements

For the year ending 30 November 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 4 March 2025
and signed on behalf of the board by:

Name: Tom Bulpit
Status: Director

The notes form part of these financial statements

THE EMPATHY PROJECT CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

THE EMPATHY PROJECT CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 2. Employees

    13 months to 30 November 2024
    Average number of employees during the period 3

THE EMPATHY PROJECT CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

3. Creditors: amounts falling due within one year note

13 months to 30 November 2024
£
Bank loans and overdrafts 0
Amounts due under finance leases and hire purchase contracts 0
Trade creditors 0
Taxation and social security 1,656
Accruals and deferred income 0
Other creditors 2,450
Total 4,106

Director's loans

COMMUNITY INTEREST ANNUAL REPORT

THE EMPATHY PROJECT CIC

Company Number: 15272662 (England and Wales)

Year Ending: 30 November 2024

Company activities and impact

The Empathy Project is a non-profit community mental health service. We provide counselling and psychotherapy to adults, couples, families and children over the age of 10. We are based in Southampton and work with our service users face to face as well as remotely, and we mostly work with users from Southampton, Eastleigh, New Forest and the Isle of Wight. A key part of our mission is to be able to provide an unlimited number of counselling sessions without waiting lists. As a Community Interest Company, we are run on a not-for-profit basis and only charge for our services to be able to cover our operating costs. Any surplus is then reinvested for the good of the community through our Community Fund, which subsidises our counselling to people who are in financial difficulty. Our service launched on 1st April 2024, so this financial year has covered our first year of trading / operation. We have worked with over 451 people, providing more than 1,300 counselling sessions. We have grown the size of our team to 13 people including directors, qualified counsellors, volunteers and support staff, and have taken on a suite of two counselling rooms located within the heart of our local community.

Consultation with stakeholders

We have developed partnerships with other local organisations, including the NHS Primary Care Network in Southampton, which now accounts for around half of our referrals, as well as Solent Mind and a local Special Education Needs School. Gaining effective insights into our work and the benefit we provide our local community is essential, and we recently sent a feedback survey to all 451 of our service users, the results are as follows: People who engaged with survey: 202 Of whom 56.3% are continuing / currently having counselling with us, 43.8% have paused or discharged 62.5% female / 37.5% male - this is in line with recent research that 36% of NHS talking therapies users are male 25% of our respondents identify as being LGBTQI+ - meaning we are succeeding to engage with a higher proportion of this group as they make up less than 7% of the UK population over 16 37.5% of ours respondents identify as having a disability, and 56.3% identify as having autism, dyslexia, ADHD or another neurodiversity - meaning this is something we are massively succeeding in engaging as this demographic really struggle engaging with mental health services 12.5% are serving or former members of the UK armed forces, NHS or emergency services The most common reason for attending counselling was relationship or family problems at 62.5%, with stress, anxiety or panic attacks second at 37.5%. Depression / low mood, selfharm and suicidal thoughts, bullying trauma & abuse and bereavement & loss all came joint third at 31.3% 100% of respondents felt that The Empathy Project directly helped them with their presenting issues 87.5% felt that we helped them feel more in control of their lives, with 62.5% saying we helped them a lot 97.8% said we helped them feel more resilient, with 68.8% saying we helped them a lot 75% said we helped them feel more able to cope with negative thoughts and emotions, with 56.3% saying we helped them a lot 75% said we helped improve their relationships with others, with 50% saying we helped them a lot 100% said they would recommend the Empathy Project to others, with 81.3% saying they would strongly recommend our service 100% said we were easier to access than other mental health services, including the NHS 100% said they felt we provide a safe, ethical and professional service

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £39,706.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
4 March 2025

And signed on behalf of the board by:
Name: Tom Bulpit
Status: Director