FAMILY PSYCHOLOGY MUTUAL CIC

Company Registration Number:
09763924 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2025

Period of accounts

Start date: 1 April 2024

End date: 31 March 2025

FAMILY PSYCHOLOGY MUTUAL CIC

Contents of the Financial Statements

for the Period Ended 31 March 2025

Directors report
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

FAMILY PSYCHOLOGY MUTUAL CIC

Directors' report period ended 31 March 2025

The directors present their report with the financial statements of the company for the period ended 31 March 2025

Directors

The directors shown below have held office during the whole of the period from
1 April 2024 to 31 March 2025

C A Bridge
L Druzynski
J M Hill
T J Jefford
H J Poole
B Squire-De-Houck
N D Stanworth


The director shown below has held office during the period of
1 April 2024 to 3 July 2024

Dr R A Cadenhead


The director shown below has held office during the period of
11 September 2024 to 31 March 2025

G Brenman


The director shown below has held office during the period of
3 July 2024 to 31 March 2025

C Allen


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
24 July 2025

And signed on behalf of the board by:
Name: T J Jefford
Status: Director

FAMILY PSYCHOLOGY MUTUAL CIC

Balance sheet

As at 31 March 2025

Notes 2025 2024


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 4,259 7,676
Investments:   0 0
Total fixed assets: 4,259 7,676
Current assets
Stocks:   0 0
Debtors: 4 217,623 244,744
Cash at bank and in hand: 683,387 451,983
Investments:   0 0
Total current assets: 901,010 696,727
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 5 ( 335,365 ) ( 257,376 )
Net current assets (liabilities): 565,645 439,351
Total assets less current liabilities: 569,904 447,027
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 ( 1,458 )
Accruals and deferred income: 0 0
Total net assets (liabilities): 569,904 445,569
Capital and reserves
Called up share capital: 460 450
Share premium account: 0 0
Other reserves: 0 0
Profit and loss account: 569,444 445,119
Total Shareholders' funds: 569,904 445,569

The notes form part of these financial statements

FAMILY PSYCHOLOGY MUTUAL CIC

Balance sheet statements

For the year ending 31 March 2025 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 24 July 2025
and signed on behalf of the board by:

Name: T J Jefford
Status: Director

The notes form part of these financial statements

FAMILY PSYCHOLOGY MUTUAL CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 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

    Turnover policy

    Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

    Tangible fixed assets depreciation policy

    Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method. Depreciation is provided on the following basis: - Office equipment - 5 years - Computer equipment - 3 years The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

    Other accounting policies

    Debtors Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment. Creditors Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

FAMILY PSYCHOLOGY MUTUAL CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 47 32

FAMILY PSYCHOLOGY MUTUAL CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2024 0 20,027 0 1,200 0 21,227
Additions 0 0 0 0 0 0
Disposals 0 0 0 0 0 0
Revaluations 0 0 0 0 0 0
Transfers 0 0 0 0 0 0
At 31 March 2025 0 20,027 0 1,200 0 21,227
Depreciation
At 1 April 2024 0 12,811 0 740 0 13,551
Charge for year 0 3,177 0 240 0 3,417
On disposals 0 0 0 0 0 0
Other adjustments 0 0 0 0 0 0
At 31 March 2025 0 15,988 0 980 0 16,968
Net book value
At 31 March 2025 0 4,039 0 220 0 4,259
At 31 March 2024 0 7,216 0 460 0 7,676

FAMILY PSYCHOLOGY MUTUAL CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Debtors

2025 2024
£ £
Trade debtors 26,679 48,788
Prepayments and accrued income 190,131 195,676
Other debtors 813 280
Total 217,623 244,744
Debtors due after more than one year: 0 0

FAMILY PSYCHOLOGY MUTUAL CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

5. Creditors: amounts falling due within one year note

2025 2024
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 8,149 29,395
Taxation and social security 106,597 84,672
Accruals and deferred income 205,996 123,133
Other creditors 14,623 20,176
Total 335,365 257,376

COMMUNITY INTEREST ANNUAL REPORT

FAMILY PSYCHOLOGY MUTUAL CIC

Company Number: 09763924 (England and Wales)

Year Ending: 31 March 2025

Company activities and impact

Family Psychology Mutual CIC (FPM) have delivered intensive family services in Norfolk and Suffolk under contractual arrangements with each Local Authority and in collaboration with Bridges Outcomes Partnerships. These two contracts have delivered the evidence based clinical methodology intervention known and licenced as Functional Family Therapy to cases referred by children’s social care in each Authority. These cases have received the intervention for between 3 and 6 months. The outcomes are then tracked for two years to ascertain if the referred child or young person is in public care or custody or not. Impact is therefore measured in care days avoided. FPM is also delivering a three site Randomised Control Trial (RCT) funded by the Youth Endowment Fund to test the efficacy of the variant of Functional Family Therapy for young people at risk of contextual safeguarding or child criminal exploitation. This is taking place in London and is being evaluated independently by the University of Greenwich. FPM continues to seek opportunities for the delivery of evidence based interventions and continues to both business build and respond to tenders for new work.

Consultation with stakeholders

As an employee owned business, we consider that all colleagues have a stake in the governance and running of the company. This is expressed by the Company Board of nine which includes three employee Directors who are drawn from the colleagues in the business. They are joined by three Non-Executive Directors and the three Directors who comprise the Senior Leadership Team. There is also an Employee Owner Council which is independently established, and which leads employee voice in how the business is run. The EOC can call in decisions, develop work streams and act in an advocacy role as well as a consultee in regard to Company developments. FPM uses clinically validated questionnaires to evaluate family functioning at the pre and post intervention stage. As part of this we capture direct feedback from families who receive our services. We also complete satisfaction questionnaires with families at the end of each intervention. The revision of our web site will provide increased opportunities for stakeholders to interact with and garner information regarding the business. Recent new guidance was developed internally for the incorporation of the voice of families, and their approval of, any material which is created for external publicity. For example if a case study of an intervention is prepared.

Directors' remuneration

The aggregate amount of emoluments paid to or receivable by directors in respect of qualifying services was £333,558 This includes all forms of compensation paid to directors during the year, including salary, fees, bonuses and benefits in kind, but excludes any employer pension contributions. There were no other transactions or arrangements in connection with the remuneration of directors or compensation for director’s loss of office which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
24 July 2025

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