| Contents | Page | ||||
|---|---|---|---|---|---|
| Charity Reference and | Administrative | Details | |||
| Trustees' Annual Report (including |
Strategic Report) | 411 | |||
| Independent Auditor's |
Report | 12-14 | |||
| Statement of Financial | Activities (incorporating | Income and Expenditure | Account) | 15 | |
| Balance Sheet | 16 | ||||
| Cash Flow Statement | 17 | ||||
| Notes tothe Financial | Statements | 18-26 |
| Charity registration | Charity registration | number | 1003906 | |
|---|---|---|---|---|
| Company registration |
number | 02024372 | ||
| Trustees | Rev Canon FLongbottom | |||
| Mr BGeary | ||||
| Professor A Davis | ||||
| Mr J Piggott | ||||
| Mr M Shakespeare | ||||
| Dr lan McPherson | ||||
| Ms SWillis | ||||
| Mr N Howl | ||||
| Mr AWylde | ||||
| Ms M Smojkis | ||||
| Chief Executive Officer | Helen Wadley | |||
| Director | ofOperations | John Bristow | ||
| Director | ofFinance | Ruth Galvin | ||
| Registered office | 17Graham Street | |||
| Hockley Birmingham | ||||
| 813JR | ||||
| Auditors | Haines Watts Birmingham | LLP5-6 | ||
| Greenfield Crescent |
||||
| Edgbaston | ||||
| Birmingham | ||||
| 8153BE | ||||
| Bankers | NatWest | |||
| Unit 24 Grand Central | ||||
| Ground Floor Stephenson |
Place | |||
| Birmingham | ||||
| B24BF |
| Rev Canon FLongbottom | (Chair ofthe Executive Committee) | ||
|---|---|---|---|
| Professor A Davis | (member ofthe Finance Committee, | Chair ofthe ClinicalGovernance | Committee) |
| Mr BGeary | (Company Secretary &Treasurer, member ofthe Finance Committee, | member ofthe | |
| Clinica I Governance Committee) |
|||
| Mr I Piggott | (member ofthe Finance Committee) | ||
| Mr M Shakespeare | (member ofthe Clinical Governance | Committee) | |
| Dr lan McPherson | (member ofthe Clinical Governance | Committee) | |
| Ms SWillis | (member ofthe Clinical Governance | Committee) | |
| Mr N Howl | (member ofthe Finance Committee) | ||
| Mr A Wylde | (member ofthe Estates Committee) | ||
| Ms M Smojkis | (member ofClinical Governance Committee) |
| 2022/2023 | 2022/23 | ||||||
|---|---|---|---|---|---|---|---|
| What we planned to achieve | What we actually achieved | ||||||
| Consider how to influence the new | Mental | Health | Helped shape the governance ofthe |
New Mental | |||
| System | Health System and organise the VCFSE | ||||||
| Embed the new work with Primary | Care | Achieved | on both accounts | ||||
| Navigators and increase our partnership |
working | ||||||
| And our working in communities |
|||||||
| Hold StaffConferences | 4staff conferences were held ensuring | all staff get to | |||||
| Give their | views to senior managers, | trustees. |
| Close Persh ore Road | Close Persh ore Road | home and invest the | money in | Closed May 2022 and the | new Intensive | Community |
|---|---|---|---|---|---|---|
| A new Community Offer |
Rehab Team soft launched | in February 2023 | ||||
| Achieve | Mind Quality | Mark and Investors | in People | Achieved with many areas |
ofpraise and | |
| Award | commendation | |||||
| Improve | our ITsystems | Significant improvements |
over the year, | particularly | ||
| In our new contracts. Our | digital systems | improved | ||||
| and stabilised. |
| Unmshicted | Restricted | Total | Total | |||
|---|---|---|---|---|---|---|
| funds 6 |
fundsI | 2023I | 2022 6 |
|||
| Income from: | ||||||
| Donations end legacies | 198,957 | 198,957 | 156,255 | |||
| Charitable adivities |
9,776,574 | 87,201 | 9,863,775 | 9,451,334 | ||
| Investments | 12,376 | 12,376 | 6,316 | |||
| Total income | 9,987,907 | 87,201 | 10,075,108 | 9,6i4,405 | ||
| Expenditure on: Raising funds |
5 | 89~ | 89,844 | 48,075 | ||
| Chaditable adivities |
5 | 10,153,801 | 87,201 | 10,241,002 | 9,365,130 | |
| Other | ll | 4IWQ | 41,000 | 45,000 | ||
| Total expendltum | 10,284,645 | 87,201 | 10,371,&46 | 9,458,205 | ||
| Net (expenditure)/ | income | 296,738) | (296,738) | 156,200 | ||
| Transfers between funds | ||||||
| Other recognised gains and losses Defined benefit pension scheme: |
||||||
| Actuarial (loss)/ gain |
(172,MQ) | (172000) | 244,000 | |||
| Net movement in |
funds | (468,738) | (468,738) | 400,200 | ||
| Reconciliation offunds Total funds brought forward Total funds carried forward |
3,861,096 3, 2,358 |
11,313 11,313 |
3,87~ 3,472,209 3,403,671,872,409 |
| 2022I | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Fixed assets | |||||||||
| Tangible fixed assets | 2,234,128 | 1,212,195 | |||||||
| Current assets | |||||||||
| Debtom | 460,566 | 2,051,661 | |||||||
| Cash at bank and in hand | 3,665/NB | 3,611,941 | |||||||
| 4,125,575 | 5,663,602 | ||||||||
| Creditors: amounts | faglng due within one | ~OAI | ) | (1,767,407) | |||||
| Net current assets | 2,355,543 | 3,896,195 | |||||||
| Net assets excluding | pension | liability | 4,589,671 | 5,108,390 | |||||
| Refined benefit pension liability | (1,186,000) | (1,235,981) | |||||||
| Not osseln | ~463,"57K | ||||||||
| Charity Funds Unresbicted funds: General reserves before pension Pension reserve (FR5102) General reserves after pension |
reserve reserve |
13 | 2)089)087 ~).MO) 903W7 |
2,631,614 1,395,633 |
|||||
| Designated )ese)ves |
2r%9,271 | ||||||||
| Total unrestricted | funds | 3,392,358 | 3,861,096 | ||||||
| Reshided funds |
11,313 | 11,313 |
| 2022I | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Donahons | 198,957 | 131,735 | |||||||||
| Legacies | 24,520 | ||||||||||
| 198,957 | 155, 55 | ||||||||||
| INCOME FROM | INVESTMEMIS | ||||||||||
| 2022I | |||||||||||
| Bank interest | 12,376 | 6,817 | |||||||||
| INCOME FROM | CHARITABLE ACI1VITIES | ||||||||||
| 2022I | |||||||||||
| Birmingham | City | Council | 2r450r949 | 475,879 | |||||||
| Cliniknl Commissioning |
Groups | 2,864482 | 2,417,400 | ||||||||
| Birmingham | lk Solihull | Mental | Health Foundation | Trust | 1,007AIII | 599,270 | |||||
| Supporting | People | 668,630 | 2,477,124 | ||||||||
| Clients | 2,543,659 | 2,798,091 | |||||||||
| Other | 328,334 | 683,569 | |||||||||
| gr863r775, 451, | |||||||||||
| Analysis by | service | type | UnrestdctedI | Resbicted 6 |
2022I | ||||||
| Residential | 2,010,988 | 2,010,988 | 2,321,615 | ||||||||
| Floating support | tk housing | 3,856,726 | 3,856,726 | 3,720,084 | |||||||
| Integrated snvices Day and community |
services | 1,630,366 2,278~ |
87,201 | 1,630,366 2,365,695 |
1,377,650 2,031,985 |
||||||
| Total | 9,776,574 | 87,201 | 9,863,775 | 9,451,334 |
| 2023 | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| f | |||||||||||||||
| Costs ofraising | funds | ||||||||||||||
| Staff costs | 60,630 | 28,355 | |||||||||||||
| Other fundraising | coals | 29,214 | 19,720 | ||||||||||||
| 89,844 | 48,075 | ||||||||||||||
| FloaNng Support 8 |
Irrtng rated | Day8 Community |
Total | TOtal | |||||||||||
| Charitable | acbvilfes | Residential | Housing E |
Services F. |
Servicesf | 2023f | 2022I | ||||||||
| Direct costs'. Staff costs Depredation |
1,533,010 24,975 |
1,949,258 16,778 |
1,149,162 | ~,364 9,000 |
5,639,794 50,753 |
5,407,367 29,200 |
|||||||||
| Other costs | 414,165 1,972,150 |
1,532,128 3r498r164 |
149,577 1r298r739 |
1,073,028 Irgggr392 |
3,168,898 8+59~5 |
2,713,185 8I lg 752 |
|||||||||
| Support cosh: Finance ik IT |
131,182 | 234689 | 86,389 | 139,048 | 589,308 | 552,738 | |||||||||
| Personnel | 30,213 | 53,592 | 19,897 | 32,025 | 135,727 | 154,839 | |||||||||
| Administration | 128,132 | 227,278 | 84,380 | 135,814 | 575,604 | 419,358 | |||||||||
| Governance | 11,962 | 21,218 | 7,877 | 12,679 | 53,736 | 61+76 | |||||||||
| PrOperly | 4,938 | 8,758 | 3,252 | 5,234 | 22,182 | 24,350 | |||||||||
| Depreciabon | 1,113 | 1,974 | 733 | 1,180 | 5,000 | 2,217 | |||||||||
| 307,540 | 545,509 | 202,528 | 325,980 | 1,381,557 | 1,215,378 | ||||||||||
| Total | Ir279r690 | 4 | 043673 | 1501r267 | 2rt16~372 | 1 r 41r | 9, | ,130 | |||||||
| Total | Totat | ||||||||||||||
| Analysis by | senrice type | Unesbtcted E |
Restricted 6 |
2023f | 2022 f |
||||||||||
| Residential | 2,279,690 | 2,279,690 | 2,226,613 | ||||||||||||
| Floating support | 6 | housing | 4,043,673 | 4,043,673 | 3,730,233 | ||||||||||
| Integrated Services |
1,501,267 | 1,501,267 | 1,386,109 | ||||||||||||
| Day and community | services | 2,329,171 | 87(201 | 2,416,372 | 2,022,175 | ||||||||||
| Total | 10,153,801 | 87,201 | 1,241,002 | 9,365,130 | |||||||||||
| 2022 | |||||||||||||||
| Analysis of | Governance | Coals | f | ||||||||||||
| AGM mals | 6,M1 | 13,418 | |||||||||||||
| Staff costs | 33,863 | 29,835 | |||||||||||||
| Professional | fees | 13,873 | 18,624 | ||||||||||||
| 53,737 | 1,877 | ||||||||||||||
| 6 | NET(EXPENDITURE)/ INCOME FORTHE | YEAR | |||||||||||||
| 2022 | |||||||||||||||
| Net (expenditure)/ | income | is | stated after charging: | E | |||||||||||
| Depreciation | oftangible | fixed | assets | 55,754 | 31,416 | ||||||||||
| Auditor's remuneration |
—audit | 13,873 | 12,360 | ||||||||||||
| Other operating | lease rentals | 334,292 | 335,585 |
| STAFFCOSTS | ||||||||
|---|---|---|---|---|---|---|---|---|
| 2022I | ||||||||
| Salaries | 5,298,916 | 5,190,325 | ||||||
| Social security mals | 497,174 | 440,282 | ||||||
| Pension costs | 207,214 | 194,148 | ||||||
| 6,00 | p | 5,824,755 | ||||||
| The number ofemployees | whose | employee benefits (exduding | pension costs) exceeded E60,000was: | |||||
| 2023 | 2022 | |||||||
| Nrx | No. | |||||||
| E60,001-E70,000 | 1 | 2 | ||||||
| E70,001-E80,000 | 2 | |||||||
| E80,001-E90,000 | ||||||||
| E90,001-E100,000 | ||||||||
| The average number |
ofemployees | during the year was as follows: | 2022 | |||||
| No. | ||||||||
| Direct charitable | services | 192 | ||||||
| Support stair | 34 | |||||||
| 5 | 226 |
| TANGIBLE FIXEDASSEIS | ||||
|---|---|---|---|---|
| Freehold | ||||
| land and | Computer | Oflice | ||
| buildingsI | equipmentI | equipment E |
Total E |
|
| COST | ||||
| As at 1April 2022 | 1,570,799 | 329,349 | 74,729 | 1,974r877 |
| Additions | 1,077,687 | 1,077,687 | ||
| Disposals As at 31 March 2023 |
2I r |
9,349 | 74,7 | 3,052,564 |
| DEPRECIAIION | ||||
| As at 1April 2022 Charge for the period |
358,604 55,754 |
329,349 | 74,729 | 762,682 55,754 |
| Released on disposal As at31March 2023 |
414,35 | 29, | 818 | |
| NET BOOK VALUE As at31 March 2023 |
2,234,1 8 | |||
| As at 1April 2022 |
| made in these finanaal |
statements in re |
spect ofthis potential issue. |
||
|---|---|---|---|---|
| 2022 | ||||
| Amounts recagnised | inthe Statement ofFinancial AdivFdiesi | 6 | ||
| Interest on pension liabilities |
(31,000) | (34,000) | ||
| Expenses | (10,000) | (11,000) | ||
| pension finance (costs) | 41,000 | 45, 0 |
||
| Amounts recognised | in Other Recognised (tosses)/ Gains: | 2023I | 2022I | |
| Actuarial (losses)/ gains | (172,000) | 244,000 | ||
| 17 | ||||
| The amounts recognised in the Balance Sheet are asfollows: |
||||
| Fair value ofplan assets | 5,274,000 | 7,697,019 | ||
| Present value ofdelined | benefit obligation | (6rit60,000) | (8,933,000) | |
| Deficit in plan | 5,981 | |||
| Defined benefit liability | tobe recognised | (1,186,000 | 1,235, 1 |
|
| Movements inthe present value of |
defined benefit obligations were asfollows: | |||
| At1April | 8,933,000 | 9,338,000 | ||
| Sendoa cist | ||||
| Irltellast expeilse | 246,000 | 198,000 | ||
| Actuarial (gains) due to Actuarial (gains)/losses |
scheme experience due to changes in demographic assumptions |
1,000 (16,000) |
449,000 (148,000) |
|
| Actuarial (gains)/losses | due to changes | in financial assumptions | (2xt72,000) | (648,000) |
| Benefits paid and expenses | (242,000) | (267,000) | ||
| Expenses | 10,000 | 11,000 | ||
| At31March | 6rit60,000 | 8,9,000 | ||
| Movemenls inthe fair value ofcharity's share ofscheme assets: |
||||
| At 1April Interest inmme |
7,697,019 215,000 |
7,636,975 164,008 |
||
| Experience on plan assels | (2,659,000) | (103,000) | ||
| Contributions by employer |
264981 | 266,044 | ||
| Benefits paid and expenses | (242,000) | (267,000) | ||
| At31March | 6, 4, |
7,697,019 |
| PENSION AND SIMILAR OBLIG | PENSION AND SIMILAR OBLIG | ATIONS (conUnued) | |||||
|---|---|---|---|---|---|---|---|
| Principal Actuarial Assumptions Discount rate for scheme liabilities Inflation (RPI) |
At31.03.23 *Ego 3.2tyyo |
At31.03.22 2.79% 3.62% |
|||||
| Inflation (CPI) Salary growth |
2.74ryo 3.74% |
3.21% 4.21% |
|||||
| The current mortality |
assumptions | include sufficient allowance | for future | impmvements | in mortality | rates. The assumed | life expectations |
| on retirement age 65 |
are: | At31.03.23 | At31.03.22 | ||||
| Retiring too'ay Males |
21.0 | 21.1 | |||||
| Females | 23.4 | 23.7 | |||||
| Retiringin Zgyean Males |
22.2 | 22.4 | |||||
| Females | 24.9 | 25.2 |