REGISTERED COMPANY NUMBER: 05794508 (England and Wales)

REGISTERED CHARITY NUMBER: 1116206

REPORT OF THE TRUSTEES AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

RICHMOND PSYCHOSOCIAL FOUNDATION

INTERNATIONAL

(A COMPANY LIMITED BY GUARANTEE)

Page

Report of the Trustees

1

to

3

Independent Examiner's Report

4

Statement of Financial Activities

5

Balance Sheet

6

Notes to the Financial Statements

7

to

12

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2026. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The charity (RPFI) is dedicated to providing constructive support for mental health challenges, whether arising from mental illness, drug addiction, learning disabilities, or experiences of deprivation and abuse.

Significant activities

The charity runs residential homes in South West London, providing therapeutic services for adults recovering from mental health problems, for adults with moderate learning difficulties and those with lesser dependency needs but unable to live alone.

While the current year reflects a modest operating deficit, the charity continues to consolidate its operations, positioning itself for long-term financial stability and sustainable surpluses moving forward.

The White House in Twickenham is a well-established and highly valued dual facility for eight adult learning-disabled residents. Currently, two residents live in the care home and three in an adjoining Supportive Living Unit. The charity has been successful in maintaining high levels of occupancy throughout the year.

The charity is subject to external monitoring by the CQC and its provision is currently rated as good.

Public benefit

In planning the charity's activities, the trustees have taken into account the Charity Commission's guidance on public benefit.

Social investments

The charity is dedicated to offering high-quality facilities for its residents and has made substantial investments in maintaining and upgrading the property to enhance their living environment.

ACHIEVEMENTS AND PERFORMANCE

Fundraising activities

The primary sources of funding during the period were fees and grants from Local Authorities.

FINANCIAL REVIEW

Financial position

Like many third-sector care providers, the charity has had to maintain adequate care standards despite growing constraints on income from local authorities and the NHS for supporting individual residents.

All restricted funds received during the year have been used in line with the donors' wishes and instructions. The trustees consider that all remaining funds at the year-end are unrestricted.

The charity's primary asset is a freehold property, valued at £1.05 million.

Reserves policy

The charity's policy is to keep unrestricted liquid funds-its free reserves-at a level equivalent to roughly four months of unrestricted expenditure. This ensures sufficient resources to cover management, administration, and support costs, as well as to respond to emergency grant applications that may occasionally arise.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is governed by its founding document, a deed of trust, and is established as a Company Limited by Guarantee under the Companies Act 2006.

Organisational structure

The charity is overseen by a board of trustees, currently comprising three members, who are responsible for the overall strategic direction. Day-to-day management is delegated to the Coordinator, Mohamed Aw Ali, and other full-time staff. New trustees are recruited and appointed by the existing board.

Staff and employees receive training as needed to perform their roles effectively. The trustees are responsible for reviewing the compensation levels of key management personnel, which are kept consistent with those of similar organisations.

Wider network

The charity operates as an independent entity and is not currently associated with or affiliated to any broader networks in the UK or elsewhere.

Related parties

The founder of the charity, Elly Jansen OBE and her daughter together have provided interest free loans to the charity amounting to £457,439 (2025 £457,439).

Risk management

The trustees have evaluated the strategic, business, and operational challenges the charity faces and confirm that systems are in place to generate regular reports, enabling appropriate actions to mitigate any risks.

Although the trustees believe the charity generates sufficient income to cover its routine expenses, it remains vulnerable to reductions in income, whether from lower local authority funding or failure to sustain high occupancy levels. Securing enough suitably qualified staff at reasonable cost could become a significant challenge in the future.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

05794508 (England and Wales)

Registered Charity number

1116206

Registered office

91 Heathfield North

Twickenham

Middlesex

TW2 7QN

Trustees

Ms S P Martins

Dr S A O Gasper

Miss O Oyinsan

Independent Examiner

Hartley Fowler LLP

Chartered Accountants

4th Floor Tuition House

27-37 St George's Road

Wimbledon

London

SW19 4EU

Bankers

Natwest Bank plc

50 High Street

Egham

Surrey

TW20 9EU

Solicitors

Hill Dickinson LLP

The BroadgateTower,

20 Primrose Street,

London

EC2A 2EW

Approved by order of the board of trustees on 9 August 2026 and signed on its behalf by:

Ms S P Martins - Trustee

Independent examiner's report to the trustees of Richmond Psychosocial Foundation International ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2026.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

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 your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1.	accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

2.	the accounts do not accord with those records; or

3.	the accounts 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

4.

the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

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.

Jonathan Askew

Hartley Fowler LLP

Chartered Accountants

4th Floor Tuition House

27-37 St George's Road

Wimbledon

London

SW19 4EU

26 August 2026

2026

2025

Unrestricted

Restricted

Total

Total

fund

funds

funds

funds

Notes

£

£

£

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

7,000

-

7,000

-

Charitable activities

General

337,843

-

337,843

492,076

Total

344,843

-

344,843

492,076

EXPENDITURE ON

Charitable activities

General

356,620

-

356,620

442,009

NET INCOME/(EXPENDITURE)

(11,777

)

-

(11,777

)

50,067

RECONCILIATION OF FUNDS

Total funds brought forward

926,541

-

926,541

876,474

TOTAL FUNDS CARRIED FORWARD

914,764

-

914,764

926,541

2026

2025

Notes

£

£

FIXED ASSETS

Tangible assets

7

1,055,980

1,057,405

CURRENT ASSETS

Debtors

8

6

6

Cash at bank and in hand

339,244

353,285

339,250

353,291

CREDITORS

Amounts falling due within one year

9

(480,466

)

(484,155

)

NET CURRENT ASSETS

(141,216

)

(130,864

)

TOTAL ASSETS LESS CURRENT LIABILITIES

914,764

926,541

NET ASSETS

914,764

926,541

FUNDS

11

Unrestricted funds

914,764

926,541

TOTAL FUNDS

914,764

926,541

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a)	ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 9 August 2026 and were signed on its behalf by:

Ms S P Martins - Trustee

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Going concern

The charity has incurred operating deficits several years ago due to restrictions in the levels of local authority funding and difficulties in maintaining occupancy levels which have left it dependent on the ongoing support of its founder and principal benefactor.

Following a period of consolidation and restructuring, the trustees consider the charity to be a going concern and believe there will be no necessity to cease or significantly curtail its activities in the foreseeable future.

Income

Income from donations or grants is recognised when the charity has entitlement to the funds, any performance conditions attached to the donations or grants have been met, it is probable that the income will be received and the amount can be measured reliably.

Care fees are recognised with reference to the period in which the service is provided and is measured at the fair value of the consideration receivable.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Charitable activities

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Governance costs

Governance costs include the costs of compliance with constitutional and statutory requirements, including independent examiner fees and the costs of legal advice for the trustees.

Allocation and apportionment of costs

Support costs include all those overhead costs of office, utility services and other services and costs, which are in support of the activity. They have been allocated to activity cost categories on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

in accordance with the property

Fixtures and fittings

-

25% on reducing balance

No depreciation has been charged on the freehold property owned by the charity as in the opinion of the trustees the residual value of the property is not considered to be significantly less that the valuation at which it was originally included in the accounts. The freehold land and building was gifted to the charity in 2010/11.

All assets costing more than £500 are capitalised.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Debtors

Trade and other debtors are recognised at the settlement amount due. Prepayments are recognised at the

invoiced cost prepaid. In relation to trade debtors, a provision for impairment is made when there is objective

evidence that the charity will not be able to collect all the amounts due under the original terms of the invoice.

Creditors

Creditors are recognised when the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors are normally recognised at the settlement amount after allowing for any trade discounts due.

Financial instruments

The charity only has financial instruments of a kind that qualify as basic financial instruments. Basic financial

instruments are initially recognised at transaction value and subsequently measured at their settlement value.

2.	SUPPORT COSTS

Governance

Finance

costs

Totals

£

£

£

General

2,129

11,777

13,906

Support costs, included in the above, are as follows:

Governance costs

2026

2025

Total

General

activities

£

£

Independent examiner fees Excl VAT

1,890

1,800

Other accounting charges

706

737

Legal and professional fees

9,181

9,120

11,777

11,657

3.	NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2026

2025

£

£

Depreciation - owned assets

1,904

1,563

4.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2026 nor for the year ended 31 March 2025.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2026 nor for the year ended 31 March 2025.

5.	STAFF COSTS

2026

2025

£

£

Wages and salaries

205,189

273,981

Social security costs

15,712

23,279

Pension costs

4,483

4,094

Contractors and agency fees

45,677

47,032

271,061

335,485

The average monthly number of employees during the year was as follows:

2026

2025

Care staff and management

6

7

No employees received emoluments in excess of £60,000.

6.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

Restricted

Total

fund

funds

funds

£

£

£

INCOME AND ENDOWMENTS FROM

Charitable activities

General

492,076

-

492,076

EXPENDITURE ON

Charitable activities

General

442,009

-

442,009

NET INCOME

50,067

-

50,067

RECONCILIATION OF FUNDS

Total funds brought forward

876,474

-

876,474

TOTAL FUNDS CARRIED FORWARD

926,541

-

926,541

7.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

property

fittings

Totals

£

£

£

COST

At 1 April 2025

1,050,000

11,440

1,061,440

Additions

-

479

479

At 31 March 2026

1,050,000

11,919

1,061,919

DEPRECIATION

At 1 April 2025

-

4,035

4,035

Charge for year

-

1,904

1,904

At 31 March 2026

-

5,939

5,939

NET BOOK VALUE

At 31 March 2026

1,050,000

5,980

1,055,980

At 31 March 2025

1,050,000

7,405

1,057,405

8.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

6

6

9.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

3,021

1,872

Other creditors

457,439

457,439

Accruals and deferred income

15,770

20,422

Accrued expenses

4,236

4,422

480,466

484,155

10.	ANALYSIS OF NET ASSETS BETWEEN FUNDS

2026

2025

Unrestricted

Restricted

Total

Total

fund

funds

funds

funds

£

£

£

£

Fixed assets

1,055,980

-

1,055,980

1,057,405

Current assets

339,250

-

339,250

353,291

Current liabilities

(480,466

)

-

(480,466

)

(484,155

)

914,764

-

914,764

926,541

11.	MOVEMENT IN FUNDS

Net

movement

At

At 1/4/25

in funds

31/3/26

£

£

£

Unrestricted funds

General fund

926,541

(11,777

)

914,764

TOTAL FUNDS

926,541

(11,777

)

914,764

Net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

344,843

(356,620

)

(11,777

)

TOTAL FUNDS

344,843

(356,620

)

(11,777

)

Comparatives for movement in funds

Net

movement

At

At 1/4/24

in funds

31/3/25

£

£

£

Unrestricted funds

General fund

876,474

50,067

926,541

TOTAL FUNDS

876,474

50,067

926,541

Comparative net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

£

£

Unrestricted funds

General fund

492,076

(442,009

)

50,067

TOTAL FUNDS

492,076

(442,009

)

50,067

12.	RELATED PARTY DISCLOSURES

The founder of the charity, Elly Jansen OBE (EJ) together with her daughter have previously provided loans to the charity. At the balance sheet date amounts outstanding were £457,439 (2025 - £457,439) and are included within "other creditors".

No interest was charged on the outstanding loan balances and they are treated as repayable on demand although EJ and her daughter have advised they would not seek repayment of these balances until such time as the charity had sufficient free resources to make such payments.