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|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)|||
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|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.|||
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||||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|
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||||||||||||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|
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|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|||||
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|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|
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|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|
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