BRITISH ASSOCIATION FOR COUNSELLING AND PSYCHOTHERAPY
Financial health, per its FY2025 accounts
The accounts state that the charity ended the year with a surplus of £983,230, increasing net assets to £9,734,944. Per the trustees' report, free reserves stood at £6.1 million, which is considered within the acceptable range of the stated policy target of £6.6 million (covering core services for six months). The charity reports a healthy financial position with total income of £14.2 million against expenditure of £13.2 million.
What the accounts disclose
“The level of free reserves at £6.1m is considered to be within an acceptable range of the policy.”
“S Admima (Deputy Chair from 18/04/24; removed as Deputy Chair 25/07/25) 2,833” — page 26
“BACP is a company limited by guarantee registered in England and Wales. BACP is a registered charity with the Charity Commission and incorporates BACP Enterprises Ltd, its wholly owned subsidiary.”
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- DAVID CHENERY
- Dr Paul Taylor
- Emily Garvie
- Emma Farrell
- Erin Stevens
- Ewan Irvine
- Josephine Bey
- Josephine Bey
- Matthew Cormack
- Olubumi Akinmutande
- William Llorel-Antoine
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £14.3m | £13.2m |
| 31/03/2024 | £13.2m | £12.4m |
| 31/03/2023 | £12.0m | £11.8m |
| 31/03/2022 | £11.2m | £10.0m |
| 31/03/2021 | £10.0m | £8.8m |
Common questions
Is BRITISH ASSOCIATION FOR COUNSELLING AND PSYCHOTHERAPY financially healthy?
The accounts state that the charity ended the year with a surplus of £983,230, increasing net assets to £9,734,944. Per the trustees' report, free reserves stood at £6.1 million, which is considered within the acceptable range of the stated policy target of £6.6 million (covering core services for six months). The charity reports a healthy financial position with total income of £14.2 million against expenditure of £13.2 million. Its FY2025 accounts were audited by RSM UK Audit LLP.