OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

2023-12-31-accounts

THE ASSOCIATION FOR CHILD AND ADOLESCENT MENTAL HEALTH ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Registered Company No. 02990385 Registered Charity No. 1042760 (England & Wales) Registered Charity No. SC039845 (Scotlandl

THE ASSOCIATION FOR CHILD AND ADOLESCENT MENTAL HEALTH

THE ASSOCIATION FOR CHILD AND ADOLESCENT MENTAL HEALTH REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 DECEMBER 2023

1

TRUSTEES REPORT TO THE MEMBERS OF THE ASSOCIATION FOR CHILD AND ADOLESCENT MENTAL HEALTH FOR THE YEAR ENDED 31 DECEMBER 2023

2

TRUSTEES REPORT TO THE MEMBERS OF THE ASSOCIATION FOR CHILD AND ADOLESCENT MENTAL HEALTH (Continued) FOR THE YEAR ENDED 31 DECEMBER 2023

3

TRUSTEES REPORT TO THE MEMBERS OF THE ASSOCIATION FOR CHILD AND ADOLESCENT MENTAL HEALTH (Continued) FOR THE YEAR ENDED 31 DECEMBER 2023

4

TRUSTEES REPORT TO THE MEMBERS OF THE ASSOCIATION FOR CHILD AND ADOLESCENT MENTAL HEALTH (Continued) FOR THE YEAR ENDED 31 DECEMBER 2023

5

TRUSTEES REPORT TO THE MEMBERS OF THE ASSOCIATION FOR CHILD AND ADOLESCENT MENTAL HEALTH (Continued) FOR THE YEAR ENDED 31 DECEMBER 2023

6

TRUSTEES REPORT TO THE MEMBERS OF THE ASSOCIATION FOR CHILD AND ADOLESCENT MENTAL HEALTH (Continued) FOR THE YEAR ENDED 31 DECEMBER 2023

7

TRUSTEES REPORT TO THE MEMBERS OF THE ASSOCIATION FOR CHILD AND ADOLESCENT MENTAL HEALTH (Continued) FOR THE YEAR ENDED 31 DECEMBER 2023

8

TRUSTEES REPORT TO THE MEMBERS OF THE ASSOCIATION FOR CHILD AND ADOLESCENT MENTAL HEALTH (Continued) FOR THE YEAR ENDED 31 DECEMBER 2023

9

INDEPENDENT AUDITORS REPORT TO THE MEMBERS OF THE ASSOCIATION FOR CHILD AND ADOLESCENT MENTAL HEALTH FOR THE YEAR ENDED 31 DECEMBER 2023

10

INDEPENDENT AUDITORS REPORT TO THE MEMBERS OF THE ASSOCIATION FOR CHILD AND ADOLESCENT MENTAL HEALTH FOR THE YEAR ENDED 31 DECEMBER 2023

11

INDEPENDENT AUDITORS REPORT TO THE MEMBERS OF THE ASSOCIATION FOR CHILD AND ADOLESCENT MENTAL HEALTH FOR THE YEAR ENDED 31 DECEMBER 2023

12

THE ASSOCIATION FOR CHILD AND ADOLESCENT MENTAL HEALTH STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 DECEMBER 2023

Note
INCOME
Donations and legacies
Charitable activities:
Membership services
Conferences & training
Publications
Other trading activities: property income
Investments
TOTAL INCOME
EXPENDITURE
Charitable activities:
Membership services
Conferences & training
Resources & Education
Publications
TOTAL EXPENDITURE
3
Gains/(losses) on investments
TOTAL FUNDS BROUGHT FORWARD
TOTAL FUNDS CARRIED FORWARD
Net (expenditure)/ income before
gains on investments
NET INCOME/(EXPENDITURE) &
NET MOVEMENT IN FUNDS		 Unrestricted

2023
£
7,592
147,749
234,562
752,254		 Restricted
2023
£
-
-
-
-		 Total
Total
2023
2022
£
£
7,592
279
147,749
118,320
234,562
274,095
752,254
735,820
1,134,565
1,128,235
55,958
46,948
32,068
8,876
1,230,183
1,184,338
44,557
29,225
240,296
246,604
433,703
371,746
580,401
478,352
1,298,957
1,125,927
(68,774)
58,411
965,475
(19,352)
896,701
39,059
2,899,441
2,860,382
3,796,142
2,899,441
1,134,565
55,958
32,068		 -
-
-
1,230,183 -
44,557
240,296
433,703
580,401		 -
-
-
-
1,298,957 -
(68,774)
965,475		 -
-
896,701
2,878,406		 -
21,035
3,775,107 21,035

All of the above results are derived from continuing activities.

The notes on the following pages form part of these financial statements

13

THE ASSOCIATION FOR CHILD AND ADOLESCENT MENTAL HEALTH CASH FLOW STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2023

2023 2022
Note £ £ £ £
FIXED ASSETS
Tangible fixed assets 8 6,413 995,064
Intangible fixed assets 7 31,907 32,003
Investments 9 146,427 139,513
Investment Property 9 1,950,000 -
2,134,747 1,166,580
CURRENT ASSETS
Debtors 10 365,465 314,993
Short term deposits 1,305,530 1,208,220
Cash at bank and in hand 297,657 364,949
1,968,652 1,888,162
Creditors: amounts falling due
within one year 11 (307,257) (155,301)
NET CURRENT ASSETS 1,661,395 1,732,861
NET ASSETS 3,796,142 2,899,441
FUNDS
Restricted funds 12 21,035 21,035
Unrestricted funds
Designated funds 12 125,168 1,230,748
General fund 12 3,649,939 1,647,658
3,775,107 2,878,406
3,796,142 2,899,441

The notes on the following pages form part of these financial statements

14

INDEPENDENT AUDITORS REPORT TO THE MEMBERS OF THE ASSOCIATION FOR CHILD AND ADOLESCENT MENTAL HEALTH FOR THE YEAR ENDED 31 DECEMBER 2023

Net cash (used in)/
provided by operating activities
Net movement in funds
Add back depreciation/amortisation charge
Losses on investments
Less interest income
(Increase) in debtors
Increase in creditors
Net cash (used in)/
provided by operating activities
Net cash (used in)
investing activities
Interest income
Revaluation of investments properties
Purchase of investments
Proceeds from sale of investments
Purchase of tangible fixed assets
Purchase of intangible fixed assets
Net cash (used in)
investing activities
Cash and cash equivalents at the
beginning of the year
Total cash and cash equivalents at
the end of the year
Analysis of cash and cash equivalents
Cash at bank and in hand
Short term deposits
Increase in cash and cash
equivalents in the year		 £
£
£
£
896,701
39,059
22,753
65,502
279
15,085
(32,068)
(8,876)
(50,472)
(146,034)
151,956
49,914
989,149
14,650
32,068
8,876
(960,356)
-
(21,082)
(18,051)
13,884
21,242
(4,550)
(2,973)
(19,095)
(16,034)
(959,131)
(6,940)
30,018
7,710
1,573,169
1,565,459
1,603,187
1,573,169
297,657
364,949
1,305,530
1,208,220
1,603,187
1,573,169
2023
2022

15

THE ASSOCIATION FOR CHILD AND ADOLESCENT MENTAL HEALTH NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

16

THE ASSOCIATION FOR CHILD AND ADOLESCENT MENTAL HEALTH NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31 DECEMBER 2023

17

THE ASSOCIATION FOR CHILD AND ADOLESCENT MENTAL HEALTH NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31 DECEMBER 2023

18

THE ASSOCIATION FOR CHILD AND ADOLESCENT MENTAL HEALTH NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31 DECEMBER 2023

3. EXPENDITURE

Charitable activities
Membership services
Resources & Education
National conferences
& training
Publications		 Direct Staff
costs
£
15,653
99,039
61,047
160,013
335,752		 Other Direct
costs
£
8,521
205,698
99,755
212,024
525,998		 Support
costs
£
20,383
128,966
79,494
208,364
437,207		 Total 2023
Total 2022
£
£
44,557
29,225
433,703
371,746
240,296
246,604
580,401
478,352
1,298,957
1,125,927

Support costs are detailed in Note 5 and are allocated on the basis of direct staff costs.

4. NET MOVEMENT IN FUNDS

This is stated after charging:
Auditors' remuneration for audit (excluding VAT)
Depreciation & Amortisation		 2023
2022
£
£
9,775
8,500
22,753
46,970

5. SUPPORT COSTS

Governance
Staff costs
Legal and professional
Office
Establishment		 2023
2022
£
£
10,216
10,760
153,842
100,606
64,610
52,202
113,950
133,477
94,589
89,890
437,207
386,935

19

THE ASSOCIATION FOR CHILD AND ADOLESCENT MENTAL HEALTH NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31 DECEMBER 2023

6. STAFF COSTS AND KEY MANAGEMENT PERSONNEL

2,023 2022
£ £
Gross salaries 416,776 312,671
Social security 40,889 29,853
Pensions 31,929 26,471
489,594 368,995

The average number of employees (head count based on number of staff employed) in the year was 9 (2022: 8).

1 employee received remuneration of between £80,000 and £89,999 in the year (2022: 1).

The key management personnel of the Charity comprise the trustees, the Chief Executive and the senior management team. The Trustees do not receive any remuneration for their role as a Trustee. The total employee benefits of the key management personnel of the Charity were £293,184 (2022: £262,707).

7. INTANGIBLE FIXED ASSETS

Cost
At 1 January 2023
Additions in the year
Disposals in the year
At 31 December 2023
Amortisation
At 1 January 2023
Charge for the year
Disposals in the year
At 31 December 2023
Net book value
At 31 December 2023
At 31 December 2022		 Website
Total
£
£
136,374
136,374
19,095
19,095
-
-
155,469
155,469
104,371
104,371
19,191
19,191
-
-
123,562
123,562
31,907
31,907
32,003
32,003

20

THE ASSOCIATION FOR CHILD AND ADOLESCENT MENTAL HEALTH NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31 DECEMBER 2023

8. TANGIBLE FIXED ASSETS

Cost
At 1 January 2023
Additions in the year
Disposals in the year
Transfer to Investment
Property
At 31 December 2023
Depreciation
At 1 January 2023
Charge for the year
Transfer to Investment
Property
Disposals in the year
At 31 December 2023
Net book value
At 31 December 2023
At 31 December 2022		 Freehold
Premises
Fixtures
and
equipment
Computer
equipment
Total
£
£
£
£
1,000,000
329,086
33,063
1,362,149
-
2,332
2,218
4,550
-
-
-
-

(1,000,000)
(289,100)
-
(1,289,100)
-
42,318
35,281
77,599
151,519
187,505
28,061
367,085
543
3,019
3,562

(151,519)
(147,942)
(299,461)
-
-
-
-
-
40,106
31,080
71,186
-
2,212
4,201
6,413
848,481
141,581
5,002
995,064

All of the above assets are used for charitable purposes.

21

THE ASSOCIATION FOR CHILD AND ADOLESCENT MENTAL HEALTH NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31 DECEMBER 2023

9. FIXED ASSET INVESTMENTS

Investments
At market value:
At 1 January 2023
Purchases at cost
Disposal proceeds
Increase (decrease) increase in market value
Market value at 31 December 2023
Cash on deposit and dealing account
At 31 December 2023
Historical cost of managed portfolio
Investment Property
Fair value at the start of the year
Transfer from tangible assets
Revaluation during the year
Fair value at the end of the year		 2,023
2022
£
£
128,313
151,933
21,082
18,051
(13,884)
(21,242)
5,110
(20,429)
140,621
128,313
5,806
11,200
146,427
139,513
140,449
136,213
-
-
1,000,000
-
950,000
-
1,950,000
Nil
£

The property was revalued by Price Taylor LLP, Chartered Surveyors, on 22 April 2024.

22

THE ASSOCIATION FOR CHILD AND ADOLESCENT MENTAL HEALTH NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31 DECEMBER 2023

10. DEBTORS
Due within one year
Trade debtors
Prepayments
Sundry debtors and accrued income
VAT
11. CREDITORS
Due within one year
Trade creditors
Accruals
Deferred income
Taxation and social security
Pensions
Other creditors
VAT
Deferred income
At 1 January
Released in the year
Incoming resources deferred in the current year
At 31 December		 2,023
£
57,789
28,109
269,523
10,044
365,465
2,023
£
75,222
112,950
89,062
11,803
88
18,132
-
307,257
39,031
(39,031)
89,062
89,062		 2022
£
66,196
8,860
238,235
1,702
314,993
2022
£
30,441
36,602
39,031
16,766
3,218
29,243
-
155,301
40,927
(40,927)
39,031
39,031

23

THE ASSOCIATION FOR CHILD AND ADOLESCENT MENTAL HEALTH NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31 DECEMBER 2023

12. STATEMENT OF FUNDS

Restricted funds
CAIDPN
Total restricted funds
Designated funds
Fixed asset reserve
Building maintenance
Video portal
Total designated funds
General fund
TOTAL FUNDS		 Brought
forward
£
21,035
21,035
995,064
71,990
163,694
1,230,748
1,647,658
2,899,441		 Income
£
-
-
-
-
-
-
1,230,183
1,230,183		 £
-
-
(3,562)
(33,552)
(83,377)
(120,491)
(1,178,466)
(1,298,957)
Expenditure		 Transfers
and gains
Carried
forward
£
£
-
21,035
-
21,035
(985,089)
6,413
-
38,438
-
80,317
(985,089)
125,168
1,950,564
3,649,939
965,475
3,796,142

Designated funds

Fixed asset reserve

Building maintenance

For major maintenance programmes which include installing new alarm systems and mechanical ventilation.

Video portal

Funding to build a video resource in child and adolescent mental health to support members worldwide and further improve its outreach.

24

THE ASSOCIATION FOR CHILD AND ADOLESCENT MENTAL HEALTH NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31 DECEMBER 2023

12. STATEMENT OF FUNDS -
Restricted funds
Clinical research course
Caidpn
Total restricted funds
Designated funds
Fixed asset reserve
Clinical research course
Building maintenance
Video portal
Total designated funds
General fund
TOTAL FUNDS		 2022 (Comparative)
Brought
forward
Income
£
£
30,140
-
21,035
-
51,175
-
1,247,411
-
25,000
-
71,990
-
286,764
-
1,631,165
-
1,178,042
1,184,343
2,860,382
1,184,343		 £
(30,140)
-
(30,140)
(46,970)
(25,000)
-
(123,070)
(195,040)
(900,747)
(1,125,927)
Expenditure		 Transfers
and gains
£
-
-
-
(205,377)
-
-
-
(205,377)
186,025
(19,352)		 Carried
forward
£
-
21,035
21,035
995,064
-
71,990
163,694
1,230,748
1,647,663
2,899,446

13. RELATED PARTIES

There are no related party transactions in the year (2022: none).

The Trustees did not receive any remuneration during the year (2022: £nil). Expenses totalling £1,943 (2022: £nil) were reimbursed to 2 Trustees in the year.

25

THE ASSOCIATION FOR CHILD AND ADOLESCENT MENTAL HEALTH NOTES TO THE FINANCIAL STATEMENTS (Continued) FOR THE YEAR ENDED 31 DECEMBER 2023

14. COMPARATIVE SOFA

COMPARATIVE SOFA
Unrestricted
Note
2022
£
INCOME
Donations and legacies
279
Charitable activities:
Membership services
118,320
Conferences & training
274,095
Publications
735,820
1,128,235
Other trading activities: property income
46,948
Investments
8,876
TOTAL INCOME
1,184,338
EXPENDITURE
Charitable activities:
Membership services
29,225
Conferences & training
216,464
Resources & Education
371,746
Publications
478,352
TOTAL EXPENDITURE
1,095,787
Net (expenditure)/
income before gains on
investments
88,551
Gains/(losses) on investments
(19,352)
69,199
TOTAL FUNDS BROUGHT FORWARD
2,809,207
TOTAL FUNDS CARRIED FORWARD
2,878,406
NET (EXPENDITURE)/ INCOME		 Restricted
2022
£
-
-
-
-
-
-
-
-
-
30,140
-
-
30,140
(30,140)
-
(30,140)
51,175
21,035		 Total
2022
£
279
118,320
274,095
735,820
1,128,235
46,948
8,876
1,184,338
29,225
246,604
371,746
478,352
1,125,927
58,411
(19,352)
39,059
2,860,382
2,899,441

26