Charity Registration No. 1009827 Company Registration No. 02693728 (England and Wales) TENDRING MENTAL HEALTH SUPPORT ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 BUSINESS ADVISORS & ACCOUNTANTS 92 Station Road Clacton on Sea Essex C015 ISG
TENDRING MENTAL HEALTH SUPPORT CONTENTS Page Company information Trustees report Statement of trustees responsibilities Independent auditor's report 7-10 Statement of financial activities li Balance sheet 12 Statement of cash flows 13 Note5 to the financial statements 14-22
TENDRING MENTAL HEALTH SUPPORT LEGAL AND ADMINISTRATIVE INFORMATION Trustees Mrs P Aylott Dr M Beardmore Mrs A Bird Mr A Blake Mrs M Goddard Mrj Hobley Mr D Percival MBE Mr R W Smith Mr Ci Thornton Chief Exetutive Off icer Mrs G Jarrett Charity number 1009827 Company number 02693728 Registered office Summit House 14/16 Orwell Road Clacton on Sea Essex C015 IPP Auditor TC Group 92 Station Road Clacton on Sea Essex C015 ISG
TENDRING MENTAL HEALTH SUPPORT TRUSTEES REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 30 JUNE 2024 The trustees present their report and financial statements for the year ended 30 June 2024. The financial statements have been prepared in accordance with the accounting policies set out in note I to the financial statements and comply with the charity's articles of association, the Companies Act 21306 and "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 IFRS 1021" las amended for accounting periods commencing from l January 20161 Objectives and activities The trustees have regard to the public benefit general guidance issues by the Charity Commission, as evidenced through the delivery of a variety of different services through procurement and grants. SUMMIT Support Centre is 3 5 ye3r project which started in March 2020 funded by the Lottery's Community Fund. This project provides piactical help and support for people in the Tendring area providing therapeutlc sessions such as Mindfulness, drop in advocacy and a correspondence clinic helping people to resolve day to day issues. We are able to provide a face to face service and support through virtu31 platforms. A84D is funded by Essex County Council and helps people to have a voice in their local community and at a strategic level. SUMMIT facilitate meetinE5 acr055 the county of Essex where people with di5abilitie5 come together to discuss issues that are important to them. It provides people with a lived experience of learning disability and autism to resolve local issues at a local level with the support of facilitators and advocates. The Autism Navigation Service is an Essex wide service, including the unitary boroughs of Southend and Thurrock, supporting adults who are Seeking an a55essment of Autistic Spectrum Disorder. Advocates 5UPPOrt adult5 throuEh the assessment process and beyond, helping them to sustain employment and to address inequality. In addition to providinE support across the diagnostic pathway the advocates facilitate peer 5UPPOrt groups 3cr055 Greater Essex and provide information, advice and guidance to familie5 and carers. This Service is funded by ECC and district NHS InteErated Cafe Board5. Health Advocacy Project. This service 15 funded by Suffolk and NE Essex ICB, providing an independent voice for those that are homeless or at risk of homelessness in Tendring and Colchester, addressing health ineqLtalities and helping people to access the support they need. During 2024 SUMMIT have delivered a range of short term projects including.. Discharge Support Advocacy for vulnerable adults who have left secure hospital settings and have moved back into the community, ensuring they are safe, settled and well. Inclusion Advocacy for the long term unemployed in Clacton. Mind the Gap- provides a bespoke service for adults who may have been homele55, providing them with the 5UPPOrt they may need to maintain and 5UStain their own tenancy, and equip them with the skills they need to thrive.
TENDRING MENTAL HEALTH SUPPORT TRUSTEES REPORT {INCLUDING DIRECTORS, REPORTI ICONTINUEDI FOR THE YEAR ENDED 30 JUNE 2024 Achievements and performance TMHS/SU MM IT continues to provide statutory advocacy and community advocacy which is "spot" purchased from Local Authorities and Care Providers. The difference made to beneficiarie5, when achieving the projected outcomes, results in improved wellbeing, increased inclusion and opportunity. When measuring achievements against objectives TMHS/SUMMIT has met all its significant milestones with its contractual partners. TMHS/SUMMIT's Key Performance Indicators IKPI'51 have been met - measured by using an impact scale which is verified by an external orEanisation. Financial review During the year under review the Charity had a deficit on its Income and Exper)diture Account of £36,989 12023.. £204,852 5urplusl. The total funds of the charity as at the balance sheet date amounted to £1,649,892 12023= £1,686,881). The Service delivery philosophy remains unchanged as being the positive approach io service users. The expansion of the organisation ha5 led the Tru5tee5 and Chief Executive Officer to review ir>ternal structure5 and philosophy and has brought about a ffe5h enthusiasm and joint commitment from the whole organisation. The Trustees remain conscious ol the need to keep costs to a minimum and provide an efficient 2nd profe55ional service, dedicated to its clients. Without the dedicated staff and volunteers it would not be able to run the varied services to their current level. Reserves policy The Executive Committee acknowledges that it is desirable to hold unrestricted funds which would represent between three and six months of annual resources expended, which equate5 to between £140,000 and £280,000. At the Balance Sheet date the full unrestricted reserves amounted to £1,333.58212023-. £1,091,339}. Of this amount £188.287 is tied up in f ixed a55ets, which are not readily convertible to cash. The remaining reserves of £1,145,29512023: £900.8471 are available to meet expense5, pending receipt of funding from the statutory agencies. Investment policy and objertlves During the year the trustees have invested surplus fund5 in fsxed term bank deposits, via Flagstone in order to generate income, but with maximium FSCS protection. Plans for future periods Consultation for future partnership contr3tt5 for 2025 and beyond ha5 already commenced. Discu55ion5 are already being held with the current funding agencie5 and wider partners. TMHS/SUMMIT is one of the board members of Tendring Together. TendrinE Together was formed as a commi55ioning market place, advocating for the allocation of funding resource5 and activitie5. The cost-of-living crisis We acknowledge that there is continuing uncertainty regarding the future funding of charities. As grant funding comes to an end, it is vital that we continue to deliver outstanding Services and meet all our performance indicators. The trustees will continue to ensure that the contractual obligations of the charity are met and will encourage and promote the seekinE of other related opportunities.
TENDRING MENTAL HEALTH SUPPORT TRUSTEES REPORT (INCLUDING DIRECTORS, REPORTI ICONTINUEDI FOR THE YEAR ENDED 30 JUNE 2024 Structure, governance and management The organisation is a charitable company limited by guarantee, incorporated on 4 March 1992 and registered as a charity on 17 March 1992. The company was established under a MemorandLJm of Association, which established the objects and powers of the charitable company and is governed kjnder its articles of association. Under those articles. the members of the Executive Committee are elected at the Annual General Meeting IAGMI to serve a period of one year, subject to ratification at each AGM. On 30th July 2018 the Articles of Association were changed so that the minimum number of members on the Executive Committee shall not be less than five, or more than twenty five. The minimum number of the Executive Committee requirod to form a quorum shall be not less than one half of the Executive Committee. Appointment and induction of Trustees All members are circulated with invitations to nominate trustees prior to the AGM advising them of the retiring trustees and requesting nominations for the AGM. When considering co-opting trustees, the Executive Committee has regard to the requirement for any specialist skills needed. New trustees are briefed on their legal obligations under ch3rity and company law, the content of the Memorandum and Article5 of Association, the committee and decision making processes, the business plan and recent financial performance of the charity. Trustees are encouraged to read relevant publications by the Charity Commission and to attend external training events where these will facilitate the undertaking of thoir role. Risk Management The Executive Committee has instigated a review of the major risks to which the chaiity may be exposed and systems havo been established to mitigate those risks. Internal risks have been minimized by the implementation of procedures for authorisation of all tran5aCtion5 to ensure consistent quality for all operational aspects of the charitable company. These procedures are periodically reviewed to ensure that they continue to meet the needs of the charity. This work has identified that financial sustainability is the major financial risk for the charity. To manage thi5 risk, the reserves policy is regularly reviewed to ensure there is sufficient working capital. Attention has also been focu5sed on non-financial risks. Procedures are in place to ensure compliance with health and safety of staff, volunteers. clients and visitors to the centre. These procedures are periodically reviewed to ensure that they continue to meet the need5 of the charity. The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of SiEnature of the f inancial statements were= Mrs P Aylott Dr M Beardmore Mrs A Bird MrA Blake Mr5 M Goddard MrJ Hobley Mr D Percival MBE Mr R W Smith Mr G Thornton
TENDRING MENTAL HEALTH SUPPORT TRUSTEES REPORT (INCLUDING DIRECTORS, REPORTI (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 The charity has a Management Committee of up to 9 members who meet at least quarterly and are responsible for the strategic direction and policy of the charity. At present the Committee has ten members from a variety of professional backgrounds relevant to the work of the charity. A scheme of delegation is in place and day to day rosponsibility for the provision of the services rest with the Chief Executive. The Service Coordinator and Project Monager have responsibility for the day to day management of the services, individual supervision of tho staff tea, and also ensure that the team continue to develop their skills 2nd working practices in line with good practice. In settinE key management personnel pay, the charity takes account of the 5ki11s and experience required for oach role and the remuneration in the sectors from which suitable candidates for such posts would be found. TMHS provides a current level of reward to recruit a strong, committed leadership team. Disclosure of information to auditor Each of the trustees ha5 confirmed that there is r>0 information of which they are aware which is relevant to the audit. but of which the auditor is unaware. They have further confirmed that they have taken appropriate steps to identify such relevant information and to establish that the auditor is aware of such information. The trustees report was approved by the Board of Trustees. Mr A Blake Trustee
TENDRING MENTAL HEALTH SUPPORT STATEMENT OF TRUSTEES RESPONSIBILITIES FOR THE YEAR ENDED 30 JUNE 2024 The trustees, who are also the directors of Tendring Mental Health Support for the purpose of company law, are responsible for preparing the Trustees Report and the financial statements ir) accord3nce with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company Law requires the trustees to prepare f inancial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incominE resource5 and application of resources, including the income and expenditure, of the charitable company for that year. In preparing these financial statements, the trustees are required to.. select suitable accounting policies and then apply them consistentlv,. observe the methods and principles in the Charities SORP,. make judgements and estimates that are reasonable and prudent," and prepare the financial statements on the going concern b35is unless it 15 inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping adequate accoijnting records that disclose with reasonable accuracy at any time the financial posltion of the charity and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charity and hence toi t2king reasonable step5 for the prevention and detection of fraud and other irregularities.
TENDRING MENTAL HEALTH SUPPORT INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF TENDRING MENTAL HEALTH SUPPORT Opinion We have audited the financial statoments of Tendring Montal Health Support (the 'charity'l for the year ended 30 June 2024 which comprise the statement of financial activities, the balance sheet, the statement of cash flows and the notes to the f inancial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting standard 102 The Finonclul Reporting Standord applicoble in the UK and Republic of Ireland Iunitod Kingdom Generally Accepted Accounting Practicel. In our opinion, the financial statements.. give a true and fair view of the state of the charitable company's affairs as at 30 JLJne 2024 and of its incoming resources and application of resources, for the year then ended,. have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice,. and have been prepared in accordance with the requirements of the Companie5 Act 2006. Basis for opinion We conducted our audit in accordance with International Standards on Auditing IUKI IISA5 IUKII and 2pplicable law. Our responsibilitie5 under those standards are further described in the Auditor 5 re5ponsibilitie5 for the nudAt of the financial stotements section of our report. We are independent of the charity in accordance with the ethical requireTnent5 that are relevant to our audit of the financial Statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirement5. We believe that the audit evidence we have obtained is suff icient and appropriate to provide a ba515 for our opinion. Conclusions relating to going concern In auditing the financial Statements, we have concluded that the trustee's use of the going concern basis of accounting in the preparation of the financial statement5 is appropriate. Based on the work we have performed, we have not identified any material uncertaintie5 relating to events or conditions that, individually or collectively, may cast SlEnificant doubt on the charity's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustee's with respect to going concern are described in the relevant section5 of this report. Other information The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not expre55 any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material incon51Stencies or apparent material mi5Statements, we are required to determine whether this gives rise to a material mi55tatement in the financial statements themselve5. If, based on the work we have performed, we conclude that there is a material misstatement of thi5 Other information, we are required to report that fact. We have nothing to report in this regard.
TENDRING MENTAL HEALTH SUPPORT INDEPENDENT AUDITOR'S REPORT {CONTINUEDI TO THE MEMBERS OF TENDRING MENTAL HEALTH SUPPORT Opinions on other matters prescribed by the Companies Act 2006 In our opinion, bBsed on the work undertaken in the course of our audit-. the information given in the trustees Report, which includes the directors, report prepared for the purposes of company law, for the financial year for which the financial statements are prepared is consistent with the financial statements,. and the directors, report included within the trustees report has been prepared in accordance with applicable legal requirements. Matters on which we are required to report by exception In the light of the knowledge and understanding of the charity and its environtnent obtained in the course of the audit, we have not identified material misstatoments in the directors, report included within the trustee5 report. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if. in our opinion.. adequate accounting record5 have not been kept, or returns adequate for OL*r audit have not been received from brancF>es not V15ited by us- or the financial statements are not in agreement with the accounting records and returns,- or certain disclosures of trustees, remuneration Specified by law are not made,. or we have not received all the information and exp13nation5 we require for our audit,. or the tru5tee5 were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the Small companies, exemption5 in preparing the trustees report and from the requirement to prepare a strategic report. Responsibilities of trustees As explained more lully in the statement of trustees responsibilitie5, the trustees, who are a150 the dirertors of the charity for the purpose of company law, are responsible for the preparation of the financial statements and for being satisfied that they Eive o true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparinE the financial statements, the trustees are responsible for assessing the charity's ability to continue as a going concern. disclosing, as applicable, matters related to going concern and u5inE the Eoing concern basis of accounting unless the trustees either intend to IiqLFid3te the charitable company or to cease operations, or have no realistic alternative but to do so. Auditor's responsibilities for the audit of the financial statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but 15 not a guarantee that an audit conducted in accordance with ISAS IUKI will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate. they could reasonably be expected to influence the economic decisions of users taken on the basi5 of these financial statements. The extent to which our procedures are capable of detecting irregularitie5. including fraud, is detailed below.
TENDRING MENTAL HEALTH SUPPORT INDEPENDENT AUDITOR'S REPORT ICONTINUEDI TO THE MEMBERS OF TENDRING MENTAL HEALTH SUPPORT Extent to which the avdit was considered capable of detecting irregularities, including f raud The objectives of our audit, in respect to fraud, are.. to identify and assess the risks of material misstatement of the financial statements due to fraud,. to obtain suff icient appropriate audit evidence regarding the assessed risks of material mi55tatement due to fraud, through designing and implementing appropriate responses,. and to respond appropriately to fraud or suspected f raud identified during the audit. However, the primary responsibility for the prevention and det@ction of fraud rests with both those charged with governance of the entity and its management. Our approach was as follows.. We identified areas of laws and regulations that could reasonably be expected to have a material effect on the financial statement5 from our general commercial and sector experience, and through discussion with the trustees and other manaEement las requirod by auditing standards), and discussed with the directors and other management the policies and procedures rogarding complianco with laws and reEulation5,' We considerod the leEal ar>d regulatory frameworks directly applicable to the financial statements reportinE framework IFRS 102, the Companie5 Act 2006 and the Charities Act 20111 and the relevant tax compliance regulations in the UK. We considered the nature of the industry, the control environment and business performance, including the key drivers for manaEement's remuneration- Wo communicated identified laws and regulations throughout our team and remained alert to any indication5 of non-compliance throughout the audit,- We considered the procedures and controls that the company h35 established to addross ri5k5 identified, or that otherwise prevent, deter and detect fraijd,. and how senior management monitors those programmes and controls. Based on thi5 understanding we designed our audit procedures to identify non-compliance with such laws and regulations. Where the risk was considered to be higher, we performed audit procedures to address each identified fraud risk. These procedures included.. testing manual journals,. reviewing the financial statement disclosures and testing to supporting documentation- performing analytical procedure5,' and enquiring of management, and were designed to provide reasonable assurance that the financial Statements were free from fraud or error. OwinE to the inherent limitations of an audit, there is an unavoidable risk that we may not have deterted some material misstatements in the financial statements, even thouEh we have properly planned and performed our audit in accordance with auditing standards. For example, the further removed non-compliance with laws and regulation5 lirregularitiesl 15 from the events and transactions reflected in the financial statemerst5, the less likely the inherently limited procedures required by auditing standard5 would identify it. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involve5 intentional concealment, forgery, collusion, omission or misrepresentation. We are not responsible for preventing non-compliance and cannot be expected to detect non-compliance with all laws and regulations. A further description of our responsibilities is available on the Financial Reporting Council's website at.. htt www.frc.or Our-work Audit Audit-and-assurance Standards-and- uidance Standards-and- uidance-for- auditors Auditors-re5 onsibilities-for-audit Descri tion-of-auditors-res onsibilities-for-audit.as description forms part of our auditor's report. This
TENDRING MENTAL HEALTH SUPPORT INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE MEMBERS OF TENDRING MENTAL HEALTH SUPPORT Use of our report This report is made solely to the charitable company's members. as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to State to them in an auditors, report and for no other purpose. To the fullest extent permitted by law. we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed. Jacqueline Frost ACA (Senior Statutory Auditor) for and on behalf of TC Group Statutory Auditor Office: Clacton on Sea 24 February 2025 TC Group is eligible for appointment as auditor of the charity by virtue of its eligibility for appointment as auditor of a company under of section 1212 of the Companies Act 2006 10-
TENDRING MENTAL HEALTH SUPPORT STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 30 JUNE 2024 Unrestricted Restricted funds funds 2024 Total Total 2024 2024 2023 Notes Income from: Donations and legacies Charitable activities Investrncnts 2,514 377,757 41,857 loo,000 102,514 377,757 41,857 358,107 344,075 12,636 Total income 422,128 loo,000 522,128 714,818 enditure on: Charitable 2Ctivities 273,423 285,694 559,117 509.966 Net incoming/(outgoingl resources before transfers 148,705 1185,6941 136,9891 204.852 Gross transfers between f unds 93,538 193,5381 Net income/(expenditure) for the year/ Net movement in funds 242,243 1279,2321 136,9891 204,852 Fund balances at l July 2023 1,091.339 595,542 1,686,881 1,482,029 Fund balances at 30 June 2024 1,333,582 316,310 1,649,892 1,686,881 The statement of financial activities includes all gain5 and1055e5 recognised in the year. All income and expenditure derive from continuing activitie5. The statement of financial activitie5 also complies with the requirement5 for an income and expenditure account under the Companies Art 2006. 11
TENDRING MENTAL HEALTH SUPPORT BAiANCE SHEET AS AT30JUNE2024 2024 2023 Notes Fixed assets Tangible assets Current assets Debtors Investments io 188,287 190,492 li 78,905 750,622 638,678 203,042 747,000 557,370 12 Cash at bank and in hand 1,468,205 J,507,412 Creditors- amounts falling due within one year 13 16,6001 111,0231 Net current assets 1,461,605 1,496,389 Total assets less current liabilities 1,649,892 1,686,881 Intome funds Restricted funds Unrestricted funds 14 316,310 1,333,582 595,542 1,091,339 1,649,892 1,686,881 The financial statements were approved by the Trustees on . IzI- |z>2j Mr R W Smith Trustee Company Registratlon No. 02693728 12-
TENDRING MENTAL HEALTH SUPPORT STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 30 JUNE 2024 2024 2023 Notes Cash f lows from operating activities Cash generated f rom operations 17 46,276 301,747 Investing activities Purchase of tangible fixed assets Proceeds on disposal of investments Interest recoived 13,2031 13,6221 41,857 1747,0001 12,636 Net cash generated from/lused inl investinE activities 35,032 1734,3641 Net cash used in financing activities Net increase/(decreasel in cash and cash equivalents 81,308 1432,6171 Cash and cash equivalent5 at beginning of year 557,370 989,987 Cash and cash equivalents at end of year 638,678 557,370 13-
TENDRING MENTAL HEALTH SUPPORT NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024 Accounting policies Charity information Tendring Mental Health Support is a private company limited by Euarantee incorporated in England and Wales. The registered office is Summit House, 14116 Orwell Road, Clacton on Sea, Essex, C015 IPP. 1.1 Accounting convention The financial statements have been prepared in accordance with the charity's articles of association, the Companios Act 2006 and 'Accounting and ReportinE by Charities". Statoment of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Stand2rd applicable in tho. UK and Republic of Ireland IFRS 1021" las amended for accounting periods commencing f rom l January 20161. The charity is a Public Benefit Entity as defined by FRS 102. The financial statements are prepared in sterling, which 15 the functional currency of the charity. Monetary amounts in these financial 5tJtements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention, modified to include the revaluation of froehold properties and to include investment properties and certain financial instrkjmonts at fair value. The principal accounting policie5 adopted are set out below. 1.2 Going concern At the time of approving the financial statement5, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the loreseeable future. Thus the trustees continue to adopt the going concern basi5 of accounting in preparing the financial statements. 1.3 Charitsble funds Unrestrirted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives unless the funds have been designated for other purposes. Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted fvnd5 are set ovt in the note5 to the financial statements. 1.4 Incoming resources Income arising from Charitable Activities is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Grant income 15 recognised in line the Charities Statement of Recommended Practice1SORPI, when the charity has control over the funds, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recoEnised once the charity has been notified of the donation, unless performance condition5 require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recogni5ed on receipt. 14
TENDRING MENTAL HEALTH SUPPORT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED} FOR THE YEAR EIVDED 30 JUNE 2024 Accounting policies (Continued) 1.5 Tangible fixed assets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Deprociation is recoEnised so as to write off the cost or valuation of assets less their residual values over their usef ul lives on the following bases= Leasehold land and buildings Plant and equipment 20Yo Straight line 25 /0 reducing balance The residual value of the f reehold land and buildin25 is in excess of its cost. Therefore, no depreciation ha5 been charged. 1.6 Cash and cash equivalent5 Cash and cash equivalent5 include cash in hand, dep051t5 held at call with banks, other 5hort-term liquid investments with original maturities of three months or less, and bank overdraft5. Bank overdrafts are shown within borrowings in current liabilitie5. Critical accounting estimotes and judgements In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factor5 that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recogni5ed in the period in which the estimate 15 revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods. Key Sources of estimation uncertainty Depreciation The charity has Selected a depreciation method based on the expected useful life of the asset. There has been no indication that there has been a Significant change since the last annual reporting date in the pattern by which the charity expects to consume the assets future economic benefits. Allocation of costs The Trustee5 have estimated the amount of costs allocated to the delivery of restricted fund projects. 15
TENDRING MENTAL HEALTH SUPPORT NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 Donations and leEacies Unrestricted funds Restricted funds Total Total 2024 2024 2024 2023 Donations and gifts 2,514 loo,000 102,514 358,107 For the year ended 30 June 2023 1,107 357.000 358,107 Donations and gifts Project related- See note 15 Miscellaneous one-off donations loo,000 loo,000 2,514 357,000 1,107 2,514 2,514 loo,000 102,514 358,107 Charitable artivities Advocacy and carer support 2024 Advocacy and carer support 2023 Charitable activities 377,757 344,075 Charitable trading income This income includes £375,923 received frorn Essex County Council and £1,834 received from the NHS, to enable the charity to carry out its objective5. Investments Unrestrlrted funds Total 2024 2023 Interest receivable 41.857 12,636 16-
TENDRING MENTAL HEALTH SUPPORT NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 30JUNE 2024 Charitable activities Advocacv and carer support 2024 Advocacy and carer support 2023 Staff cost5 Depreciation and imp31rment Repairs and maintenance Insuranc@ Other establishment Other motor/travel costs Telephone Other office c05tS Advocacy costs Training Accountancy fees Logal and professional fees Other finance costs 419,685 5,408 1,430 8,221 18,954 9,826 10,194 18,788 16,580 1,890 17,280 20,627 2,794 358,619 3.480 1,748 7,775 25,391 10,811 9,262 13,569 35,659 6,308 14,400 17,194 170 551,677 504,386 Share of governance costs (see note 71 7,440 5,580 559,117 509,966 Analysis by fund Unrestrirted funds Restricted funds 273.423 285,694 228,244 281,722 559,117 509,966 17
TENDRING MENTAL HEALTH SUPPORT NOTES TO THE FINANCIAL STATEMENT5 {CONTINUED) FOR THE YEAR ENDED 30 JUNE 2024 Governance costs 2024 2023 Audit fees 7,440 5,580 7,440 5,580 Trustees None of the trustees lor any persons connected with theml received any remuneration or benefits from the charity during the year. Related party transactions are shown in note 16. Employees Number of employees The average monthly nurnber of employee5 during the year was.. 2024 2023 Number Number 20 18 Employment Costs 2024 2023 Wages and salarie5 Social security costs Other pension c05t5 383,341 24,743 11,601 327,514 20,877 10,228 419,685 358,619 No employee received employment benefits of more than £60,000 during the year12023- Nill. The remuneration of key management personnel during the year amounted to £82,79012023: £82,790). There were two employees deemed to be key management personnel during the period. 18
TENDRING MENTAL HEALTH SUPPORT NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 30JUAIE 2024 10 Tangible fixed assets FrÈehold14nd Leasehold land and buildings and buildings Plant and eqLJipment Total Cost At l July 2023 Additions 132,264 54,000 91,781 3,203 278,045 3.203 At 30June 2024 132,264 54,000 94,984 281,248 Depreciation and impairment At l July 2023 Depreciation charged in the year 5,600 2,800 81,953 2,608 87,553 5,408 At 30June 2024 8,400 84,561 92,961 Corrying amount At 30June 2024 132,264 45,600 10,423 188,287 At 30 June 2023 132,264 48,400 9,828 190,492 11 Debtors 2024 2023 Amounts falling dLFe within one year: Trade debtors Other debtors Prepayments and accrued income 13.002 300 78,905 189,740 78,905 203,042 12 Current asset investments 2024 2023 Flagstone investments 750,622 747,000 19-
TENDRING MENTAL HEALTH SUPPORT NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 30 JUNE 2024 13 Creditors: amounts falling due within one year 2024 2023 Other taxation and social security Accruals and deferred income 5,623 5,400 6,600 6,600 11,023 14 Restricted lunds The ir)come funds of the charity include restricted f unds comprising the following unexpended balances of donations and £rant5 held on trust for specific purposes.. Movement in funds Balance al J July Z023 IniominE resources Re50urtts expended TTandÈTS Balance at 30 June 20Z4 Summit Support Centre Realising Ambitions Funding Programme National Lottery- Covid Grant Tech and Talk Project Discharge Support Project Inclusion Advocacy Project Health Advocacy Project Summit Tool Box Project Summit Solutions Project Mind the Gap Project Cost of Living Crisis Project 105,213 144,1241 221 61,310 13,000 20,000 5,000 62,426 188,246 101,731 10,000 7,500 80,426 2,000 113,0001 120,0001 15,0001 12521 136,0061 122,1741 177,2401 166,7311 40,000 75,000 70,000 35,000 iio,0001 17,5001 65,000 175,4261 70,000 12,0001 595,542 loo,000 1285,6951 193,5371 316,310 -20-
TENDRING MENTAL HEALTH SUPPORT NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 30 JUNE 2024 14 Restricted funds Icontinuedl In the f inancial year, the charity conducted a review of their restricted funds, in particular with respect to the allocation of historic costs and meeting project closure reqLJirements. The review identified additional costs that had not previously been allocated against projects and projects that had met all the funders expectations and criteria. The trustees are therefore satisfied that £93,537 can be moved from restricted funds to unrestricted funds The Summit Support Centre fund represents grants from the Lotteries Board to fund the salaries of a new Project Coordinator, a Support Advocate and a Facilitator together with associaled costs. The Realising Ambitions Funding ProBramme provides support to voluntary and cornmunity sector organisations from across the UK. The National Lottery Covid Grant was an increase to the existing agreement and the additional funds follow the some term5 and conditions. The Tech and Talk Project, in partnership with Jaywick Resource Centre, provide5 acce55ibility to IT resources and data. The Discharge Support Project provides a service to adults who have been discharged from Psychiatric hospitèls into the community_ The Inclusion Advocacy Project supports the wider initiative of the Tendrine Health and Care academy by providing advocacy to vulnerable citizens, who are beginning their journey towards inclusion. The Health Advocacy Project works with people in Tendring who are homeless or at risk of homelessness. The Summit Toolbox Project works with the families and victims of suicide to capture their experiences and views on current support mechanisms and service. The Summit Solutions Project provides support for male5 Wlth ment31 illness by providing one to one support and small virtual Eroups. The Mind the Gap Project provides support to people living in Tendring and Colchester, with the aim of helping them keep their tenancy. The Cost of Living Crisis Project provides 5UPPOrt to the m05t vulnerable residents of Tendring to tackle poverty and inequalitv. 21
T£NDRING MENTAL HEALTH SUPPORT NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 30 JUNE 2024 15 Analysis of net assets between funds Unrestricted Restricted funds funds 2024 2024 Total Total 2024 2023 Fund balances at 30 June ?024 are represented by. Tangible assets Current assets/lliabilitiosl 188,287 1,145,295 188,287 1,461,605 190,492 1,496,389 316,310 1,333,582 316,310 1,649,892 1,686,881 16 Related party transactions During the ye2r the charity paid £17,28012023". £14,400) for bookkooping services to Jaygate Management Limited, a company of which R Smith is a director and significant shareholder. The transacLion5 were carried out on an arm5 length basis. 17 Cash generated from operations 2024 2023 IDeficitl/surpu5 for the year 136,9891 204,852 Adjustments for.. Investment income recognised in statement of financial activities Depreciation and impairment of tangible fixed assets 141,857} 5,408 112,6361 3,480 Movements in working capital.. Decrease in debtor5 IDecreasel/increase in creditors 124,137 14,423} 104,798 1,253 Cash generated from operation5 46,276 301,747 18 Analysis of change5 in net funds The charity had no debt during the year. 22-