## **Charity Annual Report and Financial Statements**
## **For the year ended 31 March 2022**
**Greater Manchester Mental Health NHS Foundation Trust**
**Charitable Fund Registered Charity No 1055429**
## **Greater Manchester Mental Health NHS Foundation Trust Charitable Fund**
## **Contents**
|Contents|1|
|---|---|
|Foreword|2|
|Reference and administrative details|3|
|Acknowledgements|4|
|Structure, governance and management|4|
|Objectives and activities|7|
|Achievements and performance|7|
|Financial review|14|
|Statement of corporate trustee responsibilities|16|
|Independent examiner’s report|17|
|Statement of financial activities|18|
|Balance sheet|19|
|Statement of cash flows|20|
|Notes to the accounts|21|
1
## **Foreword**
The Charity has a corporate trustee the Greater Manchester Mental Health NHS Foundation Trust. The members of the NHS Foundation Trust Board who served during the financial year were:
|Chair|Rupert Nicholls|
|---|---|
|Chief Executive|Neil Thwaite|
|Director of Finance and IM&T|Suzanne Robinson|
|Director of Nursing and Governance|Gill Green|
|Director of Operations|Deborah Partington|
|Director of Human Resources and Deputy Chief Executive|Andrew Maloney|
|Director of Performance and Strategic Development|Elizabeth Calder|
|Medical Director|Alice Seabourne|
|Non-Executive Director|Stephen Dalton|
|Non-Executive Director|Andrea Harrison|
|Non-Executive Director|Pauleen Lane|
|Non-Executive Director|Helen Dabbs|
|Non-Executive Director (until 31stJanuary 2022)|Anthony Bell|
|Non-Executive Director (until 31stJanuary 2022)|Julie Jarman|
|Non-Executive Director (from 1stFebruary 2022)|Margaret Rowe|
|Non-Executive Director (from 1stFebruary 2022)|Stewart Lucas|
|Non-Executive Director (from 1stFebruary 2022)|Saleem Chowdhury|
|Associate Non-Executive Director (from 1stFebruary 2022)|Atiha Chaudry|
All of the members were in post for the 12-month period to 31[st] March 2022, excepting those members with dates annotated.
The Corporate Trustee presents the Greater Manchester Mental NHS Charitable Fund Annual Report together with the independently examined Annual Accounts for the year ended 31 March 2022.
The Charity’s Annual Report and Accounts have been prepared by the Corporate Trustee in accordance with the Charities Act 2011 and the 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 published in 2015. The Charity’s accounts include all the separately established funds for which the Greater Manchester Mental Health NHS Foundation Trust is the sole beneficiary.
The Charity is registered with the Charity Commission under charity number 1055429; the Charity was entered onto the Register of Charities on 11 March 1996 and was amended by supplemental deeds dated the 17 September 2010 and 31 July 2017.
So far as the Corporate Trustee is aware, there is no relevant audit information of which the Charity’s independent examiner is unaware. The Corporate Trustee has taken all the steps it ought to have taken to make itself aware of any relevant audit information and to establish that the Charity’s independent examiner is aware of that information.
**Pauleen Lane** Chair of Charitable Funds Committee Date 11 January 2023
**Suzanne Robinson**
Executive Director of Finance and IM&T
Date 11 January 2023
2
## **Reference and administrative details**
Charitable funds received by the Charity are accepted, held and administered as funds and property held on trust for purposes relating to the Health Service in accordance with the National Health Service Act 1977 and the National Health Service and Community Care Act 1990. The Corporate Trustee holds these funds on trust.
Trustee
The Greater Manchester Mental Health NHS Foundation Trust is the Corporate Trustee of the Charity governed by the law applicable to Trust, principally the Trustee Act 2000 and the Charities Act 2011.
The NHS Foundation Trust Board has delegated responsibility for the on-going management of the funds to the Charitable Funds Committee, which administers the funds on behalf of the corporate trustee.
Membership of the Charitable Funds Committee during the year comprised of:
Chair Non-Executive Director Anthony Bell Non-Executive Director Julie Jarman Director of Operations and Nursing Gill Green Director of Finance and IM&T Suzanne Robinson
Principal office
The principal office for the Charity is
Greater Manchester Mental Health NHS Foundation Trust Trust Headquarters The Curve Bury New Road Prestwich Manchester M25 3BL
Administration and records
The accounting records and day-to-day administration of the funds are handled by the Finance Department located at Harrop House, Bury New Road, Prestwich, Manchester, M25 3BL.
## **For donations, fundraising enquiries and assistance, please email** Technical.Accounts@gmmh.nhs.uk
**To make a donation;** please follow the link below and click on the ‘Make a donation’ button https://www.gmmh.nhs.uk/charity
Advisors
The following services were retained by the Charity during the year ended 31 March 2022
Bank Independent Examiner Royal Bank of Scotland Accounting & Gift Aid Solutions Mosley Street Montrose Avenue Manchester Stretford M60 2BE Manchester M32 9LN
3
Solicitor Investment Advisors Capsticks Solicitors LLP Royal London Asset Management Ltd Toronto Square 55 Gracechurch Street Toronto Street London Leeds EC3V 0RL LS1 2HJ
Charity Commission registration details
Registered administrative details and overview are also available on the Charity Commission website: www.charitycommission.gov.uk.
## **Acknowledgements**
The Charity would like to take this opportunity to extend sincere thanks, on behalf of the service users and staff who have benefitted from the donations received, to everyone who kindly gave to the Charity in person, by post, or via the website, as well as any supporters who gave their time and effort. Their contributions, imagination and enthusiasm are greatly appreciated.
## **Structure, governance and management**
Constitution of the Charity
The Charity is registered with the Charity Commission under charity number 1055429; the Charity was entered onto the Register of Charities on 11 March 1996 and was amended by supplemental deeds dated the 17 September 2010 and 31 July 2017.
Corporate Trustee
The sole corporate trustee of the Charity is Greater Manchester Mental Health NHS Foundation Trust. The Charity was established in accordance with paragraph 16c of Schedule 2 of the NHS and Community Care Act 1990.
The Corporate Trustee is managed by its Board of Directors which consists of executive and nonexecutive directors. It has responsibility for ensuring the NHS body fulfils its duties in managing the charitable funds. Members of the Trust Board are not individual trustees under Charity Law, but act as agents on behalf of the Corporate Trustee. They fulfil the Trustee’s legal duty by ensuring that funds are spent in accordance with the objects of each fund in pursuit of public/patient benefit, and independently determine the Charity’s strategy through meetings of the Charitable Fund Committee.
## Charitable Funds Committee
This is a sub-committee of the Board of the Corporate Trustee.
The duties of the Charitable Funds Committee are as follows;
1. To oversee the effective management of the affairs of the Charitable Funds on behalf of the Trustees (Board of Directors).
4
2. To apply all charitable funds in accordance with the NHS Act 2006, Charities Act 2011, Commissioner requirements and other sources of good practice.
3. To ensure that decisions on the use or investment of such funds are, where applicable, restricted to the explicit condition or purpose of each donation, legacy or grant.
4. To make decisions involving the use of charitable funds within the terms of the ‘Declaration of Trust’ and with regard to the ‘Trustee Act 2000’ and any subsequent legislation.
5. To ensure that the Trust’s policies and procedures for charitable funds and investments are followed.
6. To ensure that funding decisions are consistent with the Trust’s vision, values and objectives and that such decisions provide added value and benefit to service users and staff above those afforded by revenue.
7. To, where necessary, appoint Investment Advisors and to monitor the performance of the charitable funds investment portfolio.
8. To oversee and monitor the functions performed by the Director of Finance and IM&T and Chief Executive with regard to the investment, accounting and reporting on the use of charitable funds.
9. To receive the Annual Accounts and Report of the Trust’s Charitable Funds for consideration and recommendation for final approval, or otherwise, to the Trust Board.
Decisions are made and approved by the Corporate Trustee at separate meetings of the Charitable Funds Committee, in which only Charity business is conducted. The Committee members do not receive any additional remuneration or payment for expenses whilst serving on the Charitable Funds Committee.
Risk management
The most significant risk to which the Charity is exposed is the possible loss from a fall in the value of the investments and the level of reserves to mitigate the impact of such loss. This risk has been carefully considered and there are procedures in place to regularly review the investment and to ensure both spending and firm financial commitments remain in line with income.
All expenditure requests are checked, against the respective fund balance, by the finance department prior to final approval by the fund budget holder.
Reserves policy
In accordance with Charity Commission guidance, the Corporate Trustee acknowledges there is a requirement to hold a minimum reserve balance. This is to allow freedom to initiate expenditure when required, in advance of donations, and to mitigate the impact of any unforeseen circumstances.
Conversely, The Charity Commission asserts charities should not hold substantial unspent reserves as a matter of course. The Corporate Trustee recognises its statutory obligation to ensure that funds are spent effectively and promptly. The Charity does not have any large or recurring obligations such as staff costs, which might indicate the need for higher reserves.
The Trustees consider that financial reserves are required because the charity has no endowment funding and is entirely dependent on donations for funding each year.
5
As at 31 March 2022, there has been an decrease in the value of the unrealised gain held with the general funds to £29,292. This is due to a downward movement in the valuation of the investment at market value.
Investment policy
By law, the Charity must ensure it spends any income received within a ‘reasonable period of receipt’. Charities should not hold substantial unspent reserves as a matter of course. However, where NHS charitable funds have surplus monies not needed to fund immediate charitable activities, trustees may elect to invest some or this entire surplus to generate additional income to fund future activities.
All investment decisions
- must comply with the Trustee Act 2000 and have regard to the Act’s standard investment criteria; and
- must be informed by proper professional investment advice.
The overriding objective is to safeguard the Charity’s assets and minimise risk, whilst maximising returns net of administrative expense.
Current practice
All investments are made by the Charity Trustees’ specialist investment advisors, Royal London Asset Management (RLAM), and, as a principle, it is the Charity Trustees’ intention to avoid investment in companies that manufacture tobacco and alcohol products.
The Charity’s current investment portfolio is via an ethical bond investment values are detailed below:
|**Details**|**Date**|**Value**|**Total Invested**|
|---|---|---|---|
|Initial Investment|31/03/2012|£140,000|£140,000|
|Additional Investment|28/03/2018|£110,000|£250,000|
|Withdrawal of Funds|22/07/2019|£40,000|£210,000|
|Withdrawal of Funds|17/02/2020|£50,000|£160,000|
|||||
|Portfolio Value|31/03/2022|£189,292||
Aside from the Charity’s current account, uncommitted funds over and above those invested with RLAM; are deposited with the Royal Bank of Scotland in a Special Interest-Bearing Account (SIBA).
The additional benefits of this current policy include reduced administration burden and high liquidity, as this banked cash is immediately available to spend if required.
Interest receivable, interest payable and bank/investment charges
6
It is the policy of the Corporate Trustee to credit/charge all interest receivable or payable, investment management costs and bank charges to the general funds. Interest is apportioned to the general fund’s balances.
## **Objectives and activities**
The objective of the charity is to enhance and improve the environment for service users and staff, provide funding for projects and enhance staff training and development.
In setting the objectives and activities of the Charity, the trustees have given due consideration to the Charity Commission’s published guidance on public benefit.
Strategic Objects
During 2018/19 the Charitable Funds Committee set a strategic objective to move away from having individual designated funds to having three primary general funds namely:
- Service user benefit fund
- Staff benefit fund
- General fund
In order to achieve this expenditure plans were sought for all existing individual designated funds and any funds remaining after delivery of these spending plans were pooled into one of the 3 general funds.
These strategic objectives have now been largely met and as at the 31[st] March 2022 the charity holds the four general funds which includes a new Covid fund, five designated ones (51 in 18/19) and one restricted fund (Capital-in-Perpetuity).
## **Achievements and performance**
Fund Balance
The total charitable fund balance as at 31 March 2022 was £213,032 (2020/21 £359,455), the total amount of income received was £34,855 (20/21 £148,900) and the total amount of expenditure incurred was £168,390 (20/21 £57,172).
Income
The charity received income from 3 main sources in this financial year-
Transfer of Funds relating to the Wigan Services £14,470 Individual donations received from various donors £14,360 Investment income interest £ 6,025
7
The charity continues to receive donations from individual donors, this year included a generous donation of £10,000 donation in appreciation of care received. The charity also received a transfer of funds from North West Boroughs NHS FT, the NHS body who previously administered the Wigan Services Charitable Funds.
The charity received interest to the value of £6,025 and there was a £12,888 loss in the value of the investment portfolio.
The Trust’s Finance department is responsible for the financial administration of the Charity and ensures all expenditure is compliant with internal policy and charity law. The Corporate Trustee reviews and monitors the Charity’s progress regularly throughout the year.
Expenditure
Funding applications are assessed on an individual basis and where possible they are used to provide benefit to a wide range of service users and staff. Expenditure for the year ended 31 March 2022 totalled £168,390. These funds have supported various projects and have made a huge difference and a great impact to both service users and staff as we continue the post pandemic recovery journey.
## **Achieve Bury, Bolton, Salford & Trafford – Care Packs**
_“As staff health and wellbeing lead, I submitted a bid for ‘pamper packs’ for the entire staff cohort of Achieve Bury, Bolton, Salford and Trafford. It was important to me that_ _**all** staff who received a salary in March 2021 were included. This involved some interesting finance and logistics planning including cost per head, packaging, postage weight and appropriate contents. My office was somewhat of an assembly line for a week, although I thoroughly enjoyed the process. Each box was nicely presented and included bath soak, face mask, aromatherapy candle and an NHS blue stress band. Herbal teas, hot chocolate and a selection of biscuits and chocolates, together with a_
8
_‘Banksy’ drinks coaster were also included. When the box was opened the first item to be uncovered was a pen with a message from Captain Sir Tom Moore. Feedback from colleagues really made the effort worthwhile, and I hope the surprise brought a smile to their faces when one of the 135 boxes dropped through their letterbox.”_
Head of Operations Kate Hall responded _“Thank You So much for the lovely care pack, brightened up my week._
## **Garden Made Perfect – Kingslea House CMHT**
When the North Mersy Community Health Team (CMHT) decided to transform their outdoor space, they never dreamt of the impact it would have or that the journey would be supported, documented and broadcast to millions by BBC Two’s Your Garden Made Perfect expert team.
The team knew that their overgrown outdoor space at Kingslea House had untapped potential, and with the COVID-19 pandemic bringing new challenges – including limited capacity in their indoor seating areas, increased isolation for vulnerable service users, and fewer chances to safely bring people together to take part in fun activities and so they decided they could wait no longer.
Our charity received a share of the funds raised during the pandemic by Captain Sir Tom Moore and so the team put in a bid for the garden and were successful, the funds promised to transform their garden into a greener, more welcoming space, that could be used and enjoyed by service users, staff and the wider community.
9
The filming Process
The team knew they wanted a beautiful, interactive garden, but didn’t quite know where to start, so they decided they needed to enlist the help of an expert and applied to be part of season two of BBC Two’s Your Garden Made Perfect and quite unexpectedly they were successful. The programmes designer was tasked with working with the mental health team to design and create a green outdoor space which was visually appealing, therapeutic, and social. The garden transformation was a real cross team effort, and brought individuals and services from across the Trust together.
10
_“Waiting for an appointment is much improved now. It’s made a lovely difference to be able to sit outside in the garden on the benches instead of inside in a waiting room. Especially when it’s nice weather! It makes me smile when I go to Kingslea House now.”_ An anonymous Service User
_“People who visit our team often have difficulties with anxiety and distress, and there’s good evidence that contact with nature can help people move from states of high distress to more positive emotional ones. We wanted to make sure that people who come to Kingslea House feel as relaxed as possible, so they feel comfortable talking about the sorts of things they want help with._
_“It was also important to us to stay connected with our local community, and provide a pleasant, green haven for neighbours in our mostly urban area. We wanted the garden to bring people together safely and thought a regular gardening group would be a great way to do so, at a time when lots of therapeutic activities in the local area had been paused.”_ Jenny Massie, Consultant Psychiatrist
11
## **Spiritual Care Trolleys**
The Chaplaincy team secured funding for 19 multi faith trolleys and the commission was given to Benchmark. Benchmark is a Recovery Pathway’s service run by GMMH, it aims to build confidence and skills whilst enabling service users to recover from mental distress and helps support access to move on. Benchmark offers short woodwork courses and furniture making opportunities at its base in Newton Heath, Manchester.
The multi faith trolleys are hand made from finest oak wood, each trolley has 7 drawers, one for each of the major faiths and the seventh draw for Humanism. Modern Chaplaincy and spiritual care departments recognise that spiritual needs can be both religious and non-religious. They are mounted on wheels and can be positioned and repositioned at the discretion of the room they occupy or the purpose of the function taking place.
12
## **Finance & Procurement Team- Crazy Golf Afternoon & Gift Bag**
The Finance & Procurement team were successful in being awarded Sir Captain Tom monies to fund a team building afternoon playing Crazy Golf and a Gift bag.
“ _I found the Crazy Golf afternoon very enjoyable; it was nice to get out of the office for an afternoon and connect with colleagues in a non-work setting. The gift bags were also much appreciated, especially the chocolate!!”_
Janine – Finance Team
_“It was really nice to see all the team together for the first time after the Covid Pandemic, it was a great afternoon full of lots of laughter- Thank you Sir Captain Tom”_ Alison – Finance Team
“ _We had a really enjoyable time at the Crazy Golf event in Manchester. It was a really good opportunity for the team to kick back, relax and socialise. Taking a break from the pressures of work was a real benefit, it meant we were able to connect, find out more about each other and talk. It is the type of event that would be lovely if it could be repeated this would increase and encourage the connection between Teams especially in these times of flexible working.”_ Kath – Finance Team
13
## **Financial review**
Sources of funding
The chart below details the sources of income received by the Charity.
Donations £14,360
We thank all donors for their continued support.
Transfer from NHS Body £14,470
The Trust received these funds in relation to the transfer of the Wigan services.
Income from investments £6,025
In order to maximise the benefit of every penny donated, the Charity seeks to invest any funds, which are not likely to be expended in the short-term. The current investment market conditions are such that investment income has been modest in 2021/22.
14
Resources Expended
The chart below details the resources expended by the Charity.
Future plans
The Foundation Trust, as a body operating within the NHS, is subject to uncertainty due to changes in government policy, departmental and regulatory reforms, and local change. The Corporate Trustee is therefore committed to flexibility in the Charity’s spending decisions, to accommodate the changing needs of its major beneficiary, the Foundation Trust.
15
## **Statement of Corporate Trustee responsibilities**
The Corporate Trustee is responsible for preparing the Trustee Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
The law applicable to charities in England and Wales requires the Trustee to prepare financial statements for each financial year, which give a true and fair view of the Charity’s financial activities during the year, and of its financial position at the end of the year. In preparing financial statements that give a true and fair view, the Trustee should follow best practice and:
- select suitable accounting policies and then apply them consistently;
- make judgements and estimates that are reasonable and prudent;
- state whether applicable accounting standards and statements of recommended practice have been followed, subject to any departures disclosed and explained in the financial statements;
- prepare the financial statements on the _going concern_ basis unless it is inappropriate to presume that the Charity will continue in operation;
- keep proper accounting records, which disclose with reasonable accuracy at any time the financial position of the Charity, and which enables the Trustee to ensure that the financial statements comply with the requirements in the Charities Act 2011, the applicable Charities (accounts and Reports) regulations, and the provisions of the trust deed; and
- safeguard the assets of the Charity, therefore taking reasonable steps in the prevention and detection of fraud and other irregularities.
The Corporate Trustee confirms that it has met the responsibilities set out above and complied with the requirements for preparing the accounts. The financial statements set out on pages 15 to 25 attached have been compiled from, and are in accordance with, the financial records maintained by the Corporate Trustee.
The Corporate Trustee is responsible for the maintenance and integrity of the Charity and financial information included on the Charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.
## **By delegated authority on behalf of the Corporate Trustee**
**Pauleen Lane** Chair of Charitable Funds Committee
## **Suzanne Robinson**
Director of Finance and IM&T
Date 11 January 2023
Date 11 January 2023
16
## **Independent examiner's report to the Trustees of**
## **Greater Manchester Mental Health NHS Foundation Trust Charitable Fund**
I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended 31/03/2022.
## **Responsibilities and basis of report**
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
I report in respect of my examination of the Trust’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.
## **Independent examiner’s statement**
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or
2. the accounts do not accord with those records; or
3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Signed: Name: Joel David Williams Address: 1 Montrose Avenue, Stretford, Manchester, M32 9LN Date: 11/01/2023
17
## **Statement of Financial Activities**
## **For the year ended 31 March 2022**
|**Note**
**Income and endowments from:**
Donations and legacies
3
Income from charitable activities
4
Income from investments
5
**Sub total voluntary income**
Other income
Transfer from NHS bodies
**Total income**
**Expenditure on:**
Raising funds
6
Charitable activities:
Patient benefit
7
Staff benefit
7
Other
8
**Total**
**Net gains/(losses) on investments**
**Net income /(expenditure)**
Transfer between funds
Other recognised gains/(losses):
Net movement in funds
**Reconciliation of funds**
Total income funds brought forward
**Total income funds carried forward**
12|**Unrestricted**
**2021/22**
**Restricted**
**2021/22**
**Endowment**
**2021/22**
**Total funds**
**2021/22**
Total funds
2020/21
**£**
**£**
**£**
**£**
£
14,360
0
0
**14,360**
143,717
0
0
0
**0**
0
6,025
0
0
**6,025**
5,183|
|---|---|
||20,385
0
0
**20,385**
148,900
14,470
0
0
14,470
0|
||34,855
0
0
34,855
148,900
(9)
0
0
**(9)**
(3,022)
(49,329)
(30,863)
0
**(80,192)**
(22,076)
(29,122)
(58,967)
0
**(88,089)**
(31,974)
(100)
0
0
**(100)**
(100)|
||(78,560)
(89,830)
0
**(168,390)**
(57,172)
(12,888)
0
0
**(12,888)**
12,727|
||(56,593)
(89,830)
0
(146,423)
104,455
30,000
(30,000)
0
**0**
0
0
0
0
**0**
0|
||(26,593)
(119,830)
0
**(146,423)**
104,455
224,143
120,312
15,000
**359,455**
255,000|
||**197,550**
**482**
**15,000**
**213,032**
**359,455**|
18
## **Balance Sheet**
## **As at 31 March 2022**
|**As at 31 March 2022**
**Note**
**Fixed Assets**
Tangible / Intangible Assets
Total fixed assets
**Current assets**
Debtors
9
Cash held at Bank
10
Investment
10
Total current assets
Liabilities
Creditors: amounts falling due within one year
11
Net current assets
Total assets less current liabilities
Total net assets
The funds of the charity
Unrestricted funds
Restricted funds
Endowment funds
Total charity funds
12|**Unrestricted**
**31 March**
**2022**
**Restricted**
**31 March 2022**
**Endowment**
**31 March 2022**
**Total funds**
**31 March**
**2022**
Total funds
31 March
2021
**£**
**£**
**£**
**£**
£
0
0
0
**0**
0
0
0
0
**0**
0
12,104
0
0
**12,104**
743
0
8,475
15,000
**23,475**
183,677
189,292
0
0
**189,292**
202,180
201,396
8,475
15,000
**224,871**
386,600
(1,724)
(10,115)
0
**(11,840)**
(27,145)|
|---|---|
||199,672
(1,640)
15,000
**213,032**
359,455
199,672
(1,640)
15,000
**213,032**
359,455|
||199,672
(1,640)
15,000
**213,032**
359,455
197,550
**197,550**
344,455
482
**482**
0
15,000
**15,000**
15,000|
|||
||197,550
482
15,000
**213,032**
359,455|
The notes on pages 21 to 27 form part of these accounts.
Approved by the Corporate Trustee and signed on its behalf:
**Pauleen Lane** Chair of Charitable Funds Committee
Date 11 January 2023
**Suzanne Robinson** Director of Finance and IM&T
Date 11 January 2023
19
## **Statement of Cash flows For the year ending 31 March 2022**
|||**Unrestricted**|**Restricted**|**Endowment**|**Total funds**|Total funds|
|---|---|---|---|---|---|---|
|**For the year ending 31 March 2022**||**2021/22**|**2021/22**|**2021/22**|**2021/22**|2020/21|
|||**£**|**£**|**£**|**£**|£|
||**Note**||||||
|**Cash flows from operating activities:**|||||||
|Net cash provided by (used in) operating activities|13|(37,411)|(128,816)|0|**(166,227)**|83,128|
|Interest received|5|6,025|0|0|**6,025**|5,183|
|Change in cash and cash equivalents in the reporting period||(31,386)|(128,816)|0|**(160,202)**|88,311|
|Cash and cash equivalents at the beginning of the reporting
period||31,386|137,291|15,000|**183,677**|95,366|
|Cash and cash equivalents at the end of the reporting
period|14|**0**|**8,475**|**15,000**|**23,475**|**183,677**|
20
## **Notes to the accounts**
## **1. Accounting policies**
## **a. Basis of preparation**
The financial statements have been prepared under the going concern basis and historical cost convention, as modified by the revaluation of investments. Also, in accordance with applicable United Kingdom accounting standards and the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) issued on 16 July 2014 and the Charities Act 2011.
## **b. Funds structure**
Unrestricted income funds comprise those funds, which the Corporate Trustee is free to use for any purpose in furtherance of the charitable objects. The Charity consists of two general funds, forty-three designated funds and three restricted income funds, each of which has a budget holder with delegated expenditure powers, subject to Standing Financial Instructions and within the purposes of the fund. The designation is for administrative purposes and does not legally restrict the Trustees’ discretion.
Restricted funds are to be used in accordance with the specific restrictions imposed by the donor.
No transfers between restricted and unrestricted funds are anticipated.
Note 18 gives an analysis of the funds held.
## **c. Incoming resources**
All incoming resources are recognised once the Charity has entitlement to the resources, it is certain the resources will be received and the monetary value can be measured with sufficient reliability.
## **d. Incoming resources from legacies**
Legacies are accounted for as incoming resources upon receipt or where the receipt of the legacy is probable. This requires confirmation to be received from the representatives of the estate(s) that payment of the legacy will be made or property transferred, and that all of the conditions attached to the legacy have been fulfilled.
## **e. Resources expended**
All expenditure is accounted for on an accruals basis and is recognised once there is a legal or constructive obligation committing the Charity to the expenditure. Contractual obligations are recognised as goods or services supplied to either the Trust or the Charity.
Grants may only be made to related or third parties in furtherance of the charitable objects of the fund. However, the Charity has not issued any grants to third parties.
21
## **f. Irrecoverable VAT**
Irrecoverable VAT is charged against the same category of resources expended as the underlying purchases.
## **2. Related party transactions**
The Charity is a subsidiary of Greater Manchester Mental Health NHS Foundation Trust (the Trust) and is therefore a related party. Greater Manchester Mental Health NHS Foundation Trust is the major beneficiary of the Charity. The Charity provides funding to the Trust for approved expenditure made on behalf of the Charity.
At 31 March 2022, the Charity owed the Trust £11,740 for services delivered and purchases made but not yet paid for and the Trust owed the Charity £12,104 for donations received and awaiting transfer to the Charity. All transactions entered during the year were conducted on an arm’s length basis.
During the year, none of the members of the Trust Board, Charitable Funds Committee or senior Trust staff, or parties related to them, were beneficiaries of the Charity, and none of these individuals have undertaken any material transactions with the Charity or received honoraria, emoluments or expenses in the year.
Board members, and other senior staff, take decisions on both Charity and exchequer matters, but endeavour to keep the interests of each discrete, and do not seek to benefit personally from such decisions. Declarations of personal interest have been made in both capacities and are available to be inspected by the public.
Prior to 31 March 2013, NHS charitable funds considered subsidiaries were excluded from accounts consolidation, in accordance with a Treasury accounting direction issued by Monitor. This dispensation is no longer available and NHS foundation trusts need to consolidate any material NHS charitable funds. The Trust reviewed the figures contained within the singleentity financial statements contained in this Annual Report and Accounts and has determined they are immaterial to the ‘Trust group’. Consolidation has therefore not occurred in 2021/22, nor did it occur in 2020/21.
22
## **3. Donations and legacies**
||**Unrestricted**|**Restricted**|**Endowment**|**Total funds**|Total funds|
|---|---|---|---|---|---|
||**2021/22**|**2021/22**|**2021/22**|**2021/22**|2020/21|
||**£**|**£**|**£**|**£**|£|
|**Donations:**||||||
|Adult Secure Unit|0|0|0|0|0|
|Manchester Services|171|0|0|171|229|
|Research & Innovation|0|0|0|0|0|
|Restricted Funds|0|0|0|0|125,600|
|General Funds|14,189|0|0|14,189|17,888|
|**Sub Total**|**14,360**|**0**|**0**|**14,360**|**143,717**|
|**Legacies:**||||||
||0|0|0|0|0|
|**Sub Total**|**0**|**0**|**0**|**0**|**0**|
|**Total**|**14,360**|**0**|**0**|**14,360**|**143,717**|
## **4. Income from charitable activities**
|**Fundraising events**
Adult Secure Unit
**Total**|**Unrestricted**
**2021/22**
**Restricted**
**2021/22**
**Endowment**
**2021/22**
**Total funds**
**2021/22**
Total funds
2020/21
**£**
**£**
**£**
**£**
£
0
0
0
0
0|
|---|---|
||**0**
**0**
**0**
**0**
**0**|
23
## **5. Income from investments**
||**Unrestricted**|**Restricted**|**Endowment**|**Total funds**|Total funds|
|---|---|---|---|---|---|
||**2021/22**|**2021/22**|**2021/22**|**2021/22**|2020/21|
||**£**|**£**|**£**|**£**|£|
|Interest from Special Interest Bearing Account|10|0|0|10|49|
|Interest from Royal London Asset Management
Investment|6,015|0|0|6,015|5,134|
|**Total**|**6,025**|**0**|**0**|**6,025**|**5,183**|
## **6. Raising funds**
|Fundraising non-pay costs
**Total**|**Unrestricted**
**2021/22**
**Restricted**
**2021/22**
**Endowment**
**2021/22**
**Total funds**
**2021/22**
Total funds
2020/21
**£**
**£**
**£**
**£**
£
9
0
0
9
3,022|
|---|---|
||**9**
**0**
**0**
**9**
**3,022**|
## **7. Analysis of total charitable activities**
## **Activities undertaken directly**
|Patient benefit
Staff benefit
**Total**
2019/20
Patient benefit
Staff benefit
**Total**|**Unrestricted**
**2021/22**
**Restricted**
**2021/22**
**Endowment**
**2021/22**
**£**
**£**
**£**
**£**
(49,329)
(30,863)
0
**(80,192)**
(29,122)
(58,967)
0
**(88,089)**
**Total**
**2021/22**|
|---|---|
||**(78,451)**
**(89,830)**
**0**
**(168,281)**|
||**Unrestricted**
**Restricted**
**Endowment**
**2020/21**
**2020/21**
**2020/21**
**2020/21**
**£**
**£**
**£**
**£**
(21,466)
(610)
0
**(22,076)**
(296)
(31,678)
0
**(31,974)**
**Activities undertaken directly**
**Total**|
||**(21,762)**
**(32,288)**
**0**
**(54,050)**|
24
## **8. Other costs**
||**Unrestricted**
**Restricted**
**Activities undertaken directly**|**Unrestricted**
**Restricted**
**Activities undertaken directly**|**Endowment**|**Total**|
|---|---|---|---|---|
||**2021/22**|**2021/22**|**2021/22**|**2021/22**|
||**£**|**£**|**£**|**£**|
|Other Expenditure|(100)|0|0|**(100)**|
|**Total**|**(100)**|**0**|**0**|**(100)**|
|2020/21|**Activities undertaken directly**|||**Total**|
||**Unrestricted**|**Restricted**|**Endowment**||
||**2020/21**|**2020/21**|**2020/21**|**2020/21**|
||**£**|**£**|**£**|**£**|
|Other Expenditure|(100)|0|0|**(100)**|
|**Total**|**(100)**|**0**|**0**|**(100)**|
## **9. Analysis of current assets - debtors**
|Debtor - GMMH NHS FT Transactions
**Total debtors falling due in less than**|**Unrestricted**
**Restricted**
**Endowment**
**Total funds**
Total funds
**2021/22**
**2021/22**
**2021/22**
**2021/22**
2020/21
**£**
**£**
**£**
£
12,104
0
0
12,104
743|
|---|---|
||**12,104**
**0**
**0**
**12,104**
**743**|
## **10. Analysis of current assets – investments and cash**
|||**Unrestricted**|**Restricted**|**Endowment**|**Total funds**|Total funds|
|---|---|---|---|---|---|---|
|||**2021/22**|**2021/22**|**2021/22**|**2021/22**|2020/21|
|||**£**|**£**|**£**|**£**|£|
|Cash held|14|0|8,475|15,000|23,475|183,677|
|Royal London Asset Management Investment||189,292|0|0|189,292|202,180|
|**Total investments and cash**||**189,292**|**8,475**|**15,000**|**212,767**|**385,857**|
25
## **11. Analysis of current liabilities**
||**Unrestricted**|**Restricted**|**Endowment**|**Total funds**|Total funds|
|---|---|---|---|---|---|
||**2021/22**|**2021/22**|**2021/22**|**2021/22**|**2020/21**|
||**£**|**£**|**£**|**£**|£|
|**Creditors under 1 year**||||||
|Creditors - GMMH NHS FT Transactions|(1,724)|(10,115)|0|(11,840)|(27,145)|
||**(1,724)**|**(10,115)**|**0**|**(11,840)**|**(27,145)**|
The independent examiners charge is £100.00.
## **12. Analysis of Income Funds**
A summary of income fund movements is shown below
|**Unrestricted funds**
Adult Secure Unit
Manchester Services
Research & Innovation
General Funds
Wigan
**Restricted funds**
Covid 19
**Endowment funds**
ESMI
**Total funds**|**1 April 2021**
**31 March 2022**
**Balance**
**brought**
**forward**
**Incoming**
**Resources**
**Investment**
**Gain / (Loss)**
**Resources**
**Expended**
**Transfer**
**Balance**
**carried**
**forward**
**£**
**£**
**£**
**£**
**£**
**£**
1
12,120
0
0
0
12,120
1
10,472
171
0
0
10,643
3
39,251
0
0
(5,090)
34,161
3
162,300
20,214
(12,888)
(73,470)
30,000
126,156
1
0
14,470
14,470
1
120,312
0
(89,830)
(30,000)
482
1
15,000
0
0
0
15,000
**Number of**
**individual**
**funds**|
|---|---|
||**11**
**359,455**
**34,855**
**(12,888)**
**(168,390)**
**0**
**213,032**|
26
## **13. Reconciliation of net income / (expenditure) to net cash flow from operating activities**
|Net income / (expenditure) for the reporting period (as per
the statement of financial activities)
Adjustments for:
(Gains) / losses on investments
Dividends, interest and rents from investments
Purchase of Investment
(Increase) / decrease in debtors
Increase / (decrease) in creditors
**Net cash provided by (used in) operating activities**|**Unrestricted**
**Restricted**
**Endowment Total funds**
Total funds
**2021/22**
**2021/22**
**2021/22**
**2021/22**
2020/21
**£**
**£**
**£**
**£**
£
(24,470)
(121,953)
0
(146,423)
104,455
12,888
0
0
12,888
(12,727)
(6,025)
0
0
(6,025)
(5,183)
0
0
0
0
0
(11,362)
0
0
(11,362)
73,464
(8,442)
(6,863)
0
(15,306)
(76,881)|
|---|---|
||**(37,411)**
**(128,817)**
**0**
**(166,227)**
**83,128**|
## **14. Analysis of cash and cash equivalents**
|Cash at commercial bank and in hand
**Total cash and cash equivalents**|**Unrestricted**
**Restricted**
**Endowment**
**Total funds**
Total funds
**31 March 2022**
**31 March 2022**
**31 March 2022**
**31 March 2022**
31 March 2021
**£**
**£**
**£**
**£**
£
0
8,475
15,000
23,475
183,677|
|---|---|
||**0**
**8,475**
**15,000**
**23,475**
**183,677**|
## **15. Commitments**
The Trust has no commitments undisclosed in the Balance Sheet except for Trust purchase orders for which the goods or services have not yet been received.
27