.TrnT,. T?'I-"
NHS
South West London and
St George's Mental Health
NHS Trust
Re
ort Title:
Meeting:
Date of Meeting..
Author(s):
Executive S
Trans
arenc
Scrutin
Pathwa
Charitable Funds Accounts 2024125
Charitable Funds Committee
24 October 2025
Debbie Hollinghurst. Deputy Director of Finance
Phili
Murra
Chief Finance Officer
Public
Director review
onsor
Purpose:
Additional information:
Approval
Discussion
Information
Assuran
The purpose of the paper is to present the Charitable Funds
2024125 Annual Accounts and Report for approval.
What?
Key items to note are:
> Funds decreased by £38k from £108k in 2023124 to £71 k in
2024125
> Income for the year was £34k. expenditure £70k, and there
was a £2k loss on investments
> The accounts have been independently assessed by GSM
> The accounts were reviewed by Audit Committee in October,
prior to final Independent Assessment Assurance, no
concerns were raised
> The Chair of Trustees has reviewed the report and confirmed
that she is content for her signature to be added in the
relevant sections.
> Independent Assessment Assurance has been received.
So What?
Key items to note are:
> Independent assessment gives assurance the accounts are
correct.
What Next?
The next steps, subject to Committee commendation. are:
> The accounts and reportwill travel on to the Board of Trustees
for final approval and signature.
> The accounts are required to be uploaded to the Charity
Commission website by 31 January 2026.
1. The Charitable Funds Committee are asked to discuss and
recommend for approval to the Board of Trustees the
2024125 Charitable Funds Accounts, including the
Independent Examiner's Report.
Any specific issues to note
andlor for escalation:
Strategic ambitions this
paper supports
Increasing quality years
Reducing inequalities
Making the Trust a great
la￿ to work
Ensuring sustainability
Griffin Stone Moscrop & Co
CèWAJEPEO*LCCA*4F#I4F>SPEGSTEWAVDifoR5

South West London and
St George's Mental Health
NHS Trust Charitable Fund
South West London and St George's Mental Health NHS Trust
Charitable Fund
Annual Report and Financial Statements
31 March 2025
Registered Charity No. 1060944
Griffin Stone Moscrop & Co

Legal and Administrative Information
South West London and St G60rge's Mental Health NHS Trust Charitable Fund (The Charity)
is a r8gistered Charity (registered number 1060944) with the Charity Cornmission, the Board of
South West London and St George's Mental Health NHS Trust (the Trust) being the Cory)orate
Trustee.
The Charity was registered in the name of South West London and St George's Mental Health
NHS Trust Charitable Fund on 25 February1997. Prior to this, the d6claration of trust as a Special
Purposes Charity was made on 1st August 1996 to Pathfinder NHS Trust Endowment Fund.
The Charity is managed und8r delegated authority by a Charitable Funds Committee (Th8
Committee), which provides detailed scrutiny of the Charity. Th8 Committee also mak6
appropriat@ recommendations to the Trust Board in their position as Corporate Trust86s. The
Committee has fomial contacts with our ext@rnal auditorslind6pendent examiners.
The Charity produces its Trustees, annual report as a dual purpose document so that the annual
report can be distributed with the accounts or as a freestanding document. Therefore, the Charity
includes summary financial statements in its annual report.
Our Trustees
The Trust8es are responsible for deciding policy and ensuring that it is implemented. There is a
scheme of delegation to fund tnanagers OT senior managers in the Trust.
The Trustees give of their time freely and do not receive any pay, emoluments or other financial
benefit. Whilst the Trustees are nol paid for their tim8, they can clalm expenses, details of which
are disdosed in the accounts (note 12). For 2024125 no expenses were claimed.
During the year, the following Trustees held office..
Dates acted If not for
whole
ear
Full Year
Trustee name
Office {If any)
Trust Chair
Non-Executive Director
Non-Executive Director
Non-Executive Director
Non-ExeGutive Director
Non-Executive Director
Associate Non-Executive Director
Chief Executive
Chief Finan￿ and Performance Officer
Chief Nurse
Chief Operating Officer
Chief Medical Officer
Chief Strategy Officer
Chief P80ple Officer
Director of Communications & Stakeholder
Engagement
B8tter Communities Programme Director
Non-Executive Director
Associate Non-Executive Director
Ann Beasley
Richard Flatman
Full Year
Sola Afuape
Vikas Sagar
Juliet Armstrong
Jonathan Warren
Humaira Ashraf
Vanessa Ford
Philip Murray
Sharon Spain
Jennifer Allan
Williarn Boland
Amy Scammell
Katherine Robinson
Full Year
Until 30 April 2024
Full Year
Full Year
Full Year
Full Year
Full Year
Full Year
Until 4 April 2025
Full Year
Full Year
Full Year
Full Year
Jenna Khalfan
lan Garlington
Ebele Akojie
Dr Iram Sattar
Full Year
From 1 July 2024
From 10 June 2024
Grtffln Stone Moscrop & Co
CHARrtREDkCCOlmlr￿NS&R￿Ta￿DAUD￿Ok$

James Watson-O'Neill
Ashton Ntuli
David Lee
Richard Herbert
Non-Executive Director
Chief Operating Officer
Director of Corporate Governan
Director of Corporat8 Governance
From 10 June 2024
From 1 November 2024
Full Year
From 6 January 2025
Trustees are required to disclose all ralevant int8rests and register them with the trust fund director
and withdraw from decisions where a conflict of interest arises. All related party transactions ar8
disclosed in the accounts {not8 3).
Our staff
The Charity does not have any employees of its own. The Chari¥s adminigtration and finances
are managed by the emploY￿S of the Trust, the cost of which is recharged to the Charity, on the
basis of the estimated time spent administering the Chariws finance. For 2024125 accounts the
Charity was charged £4,000 {2023124 £4,000).
Our advisors
Investment Managers
CCLA Fund Managers Limited
Senator House
85 Queen Victoria Street
London
EC4V 4ET
Independent Examiners
Griffin Stone Moscrop & Co
21-27 Lamb's Conduit street
London
WC1N 3GS
Internal Auditors
RSM UK Risk Assurance servI￿s LLP
6th Floor
25 Farringdon Street
London
EG4A 4AB
Legal Advisors
CapstiGks Solicitors
1 St. George's Road
Wimbledon
London
SW19 4DR
Bankers
Lloyds Bank
125 Balham High Road
London
SW12 gAT
The Charity office and principal address of South West London and St George's Mental
Health NHS Trust Charitable Fund is..
South West London and St George's Mental Health NHS Trust Charitable Fund
Trinity Building
Springfield University Hospital
15 Springfield Drive
Tooting
London
SW17 OYF
Tel: 02035135000
Griffin Stone Hoscrop & Co
CHARTERED￿Lccv￿hNl31pEC1sfEREDwJ￿￿RS

Trustees, Annual Report
Foreword by the Chair of Trustees of the South West London and St George's Mental
Health NHS Trust Charitable Fund.
Welcome to our annual report for 2024125. We are the corporate Trustees of South West London
and St George's Mental Health NHS Trust Charitable Fund.
We are the charity that goes the extra mile for people receiving mental health treatment and
recovery support from the NHS in the London boroughs of Kingston. Merton, Richmond,
Sutton and Wandsworth. Our projects. activities and support add value beyond the limits of
what can be funded by the NHS - these extras can be a lifeline for people with mental health
difficulties and those who care for them. We also work to create a stronger community in
south west London
reaching as many people as possible with tools to promote positive
wellbeing and good mental health.
l am very pleased that we have increased the donations and fundraising from individuals to
over £20,000 for the year. This received a huge boost due to purchasing places in sporting
events such as the Vitality 10K and the London to Brighton cycle ride for which our 30
participants together raised over £10.000. In addition to some generous private and
corporate donations, and the success of our first Christmas appeal we have a strong
foundation to maintain the sustainability of the charity that will benefit our patients and staff.
This year we have used our NHS Charities Together Stage 3 grant funding to train over 120
champions through mental health first aid courses initially targeted at our new local
community at Springfield to destigmatise mental health and help people support their own
and other's mental health. The NHS Charities Together Development Grant has been used
to collaborate with a specialist fundraising consultancy team to develop strategies for income
generation. This has boosted expertise for our charity volunteers and will maximise our
impact of our limited resources.
The awareness of the charity is truly growing with a new Instagram account and monthly
newsletters highlighting the rewards of fundraising and using it where it is most needed. For
example our inspiring team at Seacole Ward which looks after patients with Obsessive
Compulsive Disorder used their fundraising efforts to invest in equine therapy and chair yoga
to make a difference for their patients. And an amazing colleague on Ward 2 who ran the
Vitality 1 OK was able to provide hair products to cater for all hair types as often service users
arrive with little to no belongings and items to support ward activities such as a mini karaoke
machine and badminton set.
I would like to thank everyone who has donated and fundraised for the Charity. my fellow
trustees and the volunteers whose hard work alongside the professional staff of the South
West London and St George's Mental Health NHS Trust who have all made life better for
people who need our help.
We are still in the early stages of our fundraising journey, but we have strong ambitions to
reach more people facing difficulties with their mental health than ever before. We want to
grow the Charity's impact and if you would like to donate, you may do so via the Charity's
web
e or as an employee through Microhive to automatically donate the pennies from
your pay. Your gift means that the Charity can go the extra mile for NHS mental health
patients and for the wellbeing of communities in south west London.
Ann Beasley
Date: 241h October 2025
Griffin Stone Moscrop & Co

What we aim to do: our objeGtives and activities
Our Objectlves
The Charity's objectives are to improve the welfare of patients and staff at South West London and
St George's Mental Health NHS Trust both in hospital and community services.
Our mission
Through our position as an NHS Charity, we're inherently connected to mental health service users in
South West London. This connection means we can support the patients, Garers and families affected
by some of the most severe mental health conditions. Our supporl is tailor&d for people from all walks
of life receiving mental health care from the NHS. We draw on the expertise of clinical leaders and
specialists across the NHS Trust to deliver projects that add value for patients and staff. This coul
look like:
Games and sports for young people r8ceiving hospital treatrnent for their eating disorder
Equine therapy for patients to effectively challenge their Obsessive Compulsive Disorder
(OCD) in a supportiv8 environment
A set of djombe music drums benefitting mental health serviGe users and carers through their
use in music therapy sessions
A coffee rnachine for a staff room so that hardworking staff can grab a coffee and moment to
breathe during a busy day
What we have achieved: hlghlights from the activities undertaken in the yoar
During the year 2024125, grants and expenditure on patients totalling £9,907 were made and
£29,481 was spent on staff We￿are. A further £7,512 was sp8nl on support costs. including
administration, audit fees and bank charges. Total income from donations were £31,048 and the
majority of our income, £21,698, was due to donations from individuals. Going forward we want to
increase our fundraising through organising different events to achieve higher levels of inwme
enabling us to support more activities our patients will enjoy.
NHS Charltles Together Stage 3 Recovery Grant
In 2024125 the Charity Gonlinued its programme offering Mental Health First Aid courses to the local
community training over 120 champions. During this period 10 courses were hosted costing around
£24,000 making good progress on the second year of this programme. This included delivering
training in other community settings including local faith groups, This helps to take the Trust into the
community and continue reducing stigma. The Charity also received th8 final tranche of funding of
£4,000 to sustain the programm8 With a'train the trainerf, approach so courses can continue once the
grant spend is completed {due in March 2026).
NHS Charitigs Together Development Grant
After receiving a £30,000 grant in 2023124 to empower the NHS charity sector to be high performing,
effective and impactful, in 2024125 the Charity has used the majority of this grant (£22,800) to fund a
small team of specialist fundraising consultants for six months. The team provided practical hands-
on support and guidance, and a realistic yet ambitious 8-point plan to establish the foundations of an
eff8Ctive charity and fundraising function. One member of the team was extended for a further three
months to provide continuity and additional resoLJfc8 to support the Charity. Through one specialist's
expertise and connections with 8Xternal trusts and foundations, 20 applications for funding were made
with one SUGGess to date: an £3,500 external grant which contributed to a much-needed upgrade to
our Kingston Talking Therapies space in Surbiton creating a more welcoming and therap@utic
environment. The development grant has also been used to support fundraising Initiatives (such as
London to Brighton cycle ride and Vitality 10K) which has brought in much-needed income for the
Charity's general funds.
GrifFin Stone Moscrop & Co
CHIRT￿ED1￿c0u￿￿5&R5%TElEDAULYToRS

The 202412025 year in pictures:
30 participants took part in the Vitality 10k and the London to Brighton cycle ride raising over £10,000.
"We Care Christmas Gift" Winter Appeal
For the Charity's first Christmas appeal in conjunction with local mental health charity. Momark, the
fundraising target was successfully reached and a gift bag was provided to all 380 inpatients on
Christmas Day. The gift bags contained lip balms, stress balls, notebooks and a colourful selection
of warm beanie hats and travel mugs. These items were specially selected as being both beneficial
to patients but also inclusive to those receiving them. Overwhelming positive feedback was re￿iVed
from both patients and staff and it is planned to repeat a similar initiative next Christmas.
Griffin Stone Moscrop & Co

Equine Therapy
Thanks to a generous donation, Seacole Ward Team Manager, Fran, was able to organise a day for
patients to have a therapeutic experience with horses. The day focused on team-building skills and
challenging OCD through exposure and response prevention.
Chair Yoga
In 2024 five of our colleagues from Seacole Ward took part in the Vitality 10K to raise funds for their
ward and invested the money in Chair Yoga for their patients. This was based on service user requests
to do a yoga class as a physical activity on the ward. Chair yoga is more accessible than mat yoga
and caters to the age range and level of deconditioning (current adult patient age ranges from early
20's to 80).
Griffin Stone Moscrop & Co

Kingston Talking Therapies
Thanks to an external grant, the Kingston Talking Therapies setting has had a vibrant makeover. With
the uplifting addition of lush, green plants and striking athork the communal area and the therapeutic
consulting rooms are now light and fresh. With separate funding from the Trust the carpets were also
replaced resulting in a welcoming, clean environment that is much more pleasing to the senses.
Donna Rafferty- Ward 2
With the funds she raised in the Vitality 10K. Donna Raffety invested in hair care products, ward
comforts and entertainment items for the patients on Ward 2. Service users often arrive with little to
no belongings, with some not having a support network to provide basic needs like hair care products.
Therapeutic activities are highly beneficial to an individual's recovery process, so Donna also bought
a mini karaoke machine. wireless speaker, pop up goals and footballs. a badminton set and colouring
pens. Resources are often limited so these items will benefit service users for many years to come.
With money left over. Donna also bought a coffee machine for the staff members on Ward 2.
Griffin Stone Moscrop & Co
trL48F*ED￿c￿f￿Nl%&kEc￿TEREDA￿1lo￿S

Individual fundraising - Dave Moore
Our Charity colleague Dave Moore took part in the London Marathon 2024 on behalf of the Trust's
Charity raising over £600.
41
Microhive
The Charity partnered with Microhive and launched the initiative in 2024. Microhive is a micro-giving
organisation that provides our Trust staff members with the opportunity to donate the pennies from
their pay every time they are paid to our Trust Charity. Although there are currently only a small
number of people signed up. this provides a reliable income stream for the Charity and will be
promoted further in the next financial year.
Would you consider giving less
than£ltoourTrust Charity?
Donatingjust pemiesfrom 5wrpaYe￿ti￿
are paid will help us buikl a povRrful forcefor goodl
Join ￿￿tr￿Vet0daYto erryow change. ￿ perwyat a
time. Simplysign up l*rearKI let mtcr0hl￿ dothe resLI
Griffin Stone Moscrop & Co
In

How we funded our work, our achievements and performance
The following figures are taken from the full accounts which have been approved by an independent
examination report.
Statement of Financial Actlvltles for tha year ending 31 March 2025
Total 2024125
Total 2023124
Income
Expenditure
Net Galnl (Loss) on Investments
Net Incomel {Expenditure)
33,938
(69,699)
{1 ,865)
(37,6261
100,179
(84,372)
4,788
20,595
Total Fund8 brought foward
Total Funds carried forward
108,490
70,864
87,895
108,490
The Charity can only continue to support future activities rf more donations are received or funds are
raised. Almost all our income comes from direct donations and dividendlinterest income from fixed
investments.
Money r8celved' where we got our mon8y from
Total income re￿iVed was £33.938 (2023124: £100,179). Th8 main SoUr￿S of incom6 were
donations from individuals amounting to £21,698, NHS Charitles Together of £4,000 and the Grace
Trust of £3,500. A further £2,890 was earned from investment in the form of dividends and interest.
The main movem6nt between 2023124 and 2024125 was due to a signfficant grant of £81.000
receiv8d from the NHS Charities Together in the previous year.
Money spent. what we spent the money on
Our charitable work was mainly concentral8d on the following areas.
Patients, comfort, recreation, functions, training and other activities. We spent £9,907
in supporting our patients on various items and aclivities which contributes to their
wellbeing and comfort.
staff welfare. We spent£29,481 on initiatives to support the stsff that care forpat18nts,
providing wellbeing opportunities.
The Trustees continue to explore initiats'ves for funding that will benefit both patients and staff, whilst
also progressing alternative sources of income.
Performance agalnst objectives
In 2024125 the Charity has widened its reach further and increased individual donations to their
highest ever level. Good progress has been made on utilising existing grant funding from NHS
Charities Together to mak& best use of these valuable resources. The Charity has trialled different
approaches to fundraising through various types of sporting 8vents and a suc￿Ssful winter appeal
and will use this learning going into 2024125. Through the creation of the Charity's Just Giving
platform, new Instagram account and monthly newsletters, it is even easier to donate and keep
patrons engaged in how the Charity is benefitting staff, patients and the local communities of South
West London and St George's Mental Health NHS Trust and perpetuate th@ cycle of fundraising.
Grlffin Stone Moscrop & Co
CHIAT￿ED￿COlNf￿&REG￿TEllEDNUDWR$

Our reserves policy
The policy is that the funds must be spent for the purposes for which they were re￿Ived. Funds
should not be accumulated, unless for a specific purpose, and should be spent promptly.
General funds- these funds are received by the Charity with no preference on how
they are spent expressed by donors. Grants or funding to various small projects a
made as and when needed. Representatives from the clinical or wrporate services
make applications to the Trustees expresslng their levels of funding required along
with a clear aim for the application and how the funding will benefitthe services us8rs.
The bid is then considered by the Committee for a decision. Funding is particularly
targeted on projects in areas of the hospital that do not have available designated
funds to assist them.
Designated non restricted funds- these funds are for a specific part of the hospital
or activity nominated for support by the donor. They are overseen by fund holders
who can make decisions on how to SP8nd the money w'ithin their delegated
responsibility and within the designated conditions of th8 fund. Fund holders are
aGtively encouraged to draw on the fund for the benefit of patients and staff in a timely
manner
Restricted funds - these are funds which are restricted by the donors as to wher8 it
an be spent. These funds were transferred from Epsom and St Heller NHS Trust
which previously managed the Sutton Mental Health S8rvI￿S. Many of Ihese funds
have been dormant but re￿ntlY there has been active encouragement for fund
holders to use the funds.
Our flnanclal health: our balance sheet
The net assets and fund balan￿S are stated below and show a d8crease in the level of funds
compared to last year. This is largely due to the reduction in grants received from NHS Charits'es
Together from £81,000 (2023124) to £4,000 (2024125). coupled by a spending of £22.800 on
fundraising consultancy costs (2023124 £0) which was allocated from the fund received in 2023124
for NHS Charities Together Development Grant.
Total 2024125
Total 2023124
Fixed Asset Investments
Net Currenl Assetsl (Liabilitlp.s)
Total Net Assets
38,678
32,186
70,864
40,542
67,948
108,490
About our investments
Investment is managed by CCLA Fund Managers Ltd. Dividends are paid to the Charity's separate
bank account on a quarterly basis. Investment reports are provided by CCLA on a quartedy basis
and are then reviewed to determine any change needed. Investments are sold when needed to meet
the expenditure requirements.
The total retum last year, including dividends and interest was £1,145.
Griffin Stone Noscrop & Co
12
CHARTER￿￿Ec￿tmNTs&REfJsT￿{E￿￿j￿￿

Risk management
As part of their business planning exercise carried out during the year, the Trustees have considered
the major risks to which the Charity is exposed. They have reviewed systems and identified steps to
mitigate those risks. Two major risks have been identified and arrang6ments have be8n put in place
to mitigate those risks.
Future levels of income - The Charity is reliant on donations to allow rt to make
grantslexpenditure to patients or staff. If income falls, then the Charity would not be
able to make as many grantslexpenditure or enter into longer term commitments to
support the patients. The Trustees have put in pla¢6 plans to mitigate the risk that
income will fall by involving various organisations including the League of Friends and
NHS Charities Together, by engaging with fresh bidding rounds forfunds and working
with departments within the hospital to raise the profile of the Charity and to increase
fundraising activities.
Fall in invgstment returns-The Char'ity generates additional incom8 from investing
its cash balantss. The Trustees consider the loss of investment income to be a
financial risk. The risk is mitigated by retaining expert investment managers, having
a diversified inveslrnent portfolio, and regularly reviewing that portfolio. The Trustees
mak8 use of benchmarking information when reviewing the portfolio.
Related parties
The Charity works closely with, and provides mosl of its grants and 8xp6nditure, on patients and staff
at the Trust.
Our relationship wlth tho wider communlty
The Trust's transformation programme has provided a platform to increase community engagement,
and the Charity is linking into this to maintain and increase donations from the public.
Griffin Stone Mc)scrop & Co
CH4TgEDAcCCUW￿IRE(￿1EPE￿ALOTtxts

Acknowledgements
As in previous years, the Trustees would like to pay tribute to:
Our volunteers for their time, support, and commitment
The members of staff who give their time out of hours in support of the work on the
committees. in developing ideas and wothing with us to identfy how we can help our
patients.
Our fundraisers who do so much to encourage others to enrich the lives of patients
and staff through donations and fundraising activities.
An extra special thanks should go to the following Trust Quality Award 2024 winners in recognition
of their incredible commitment to the Chatity:
Sarah Van Staden, a volunteer with lived experience who won the Involvement Award
due to her continued and unwavering support to the Charity several days a week.
Rachael Sachdev who won the Trust's Charitable Fund award for her phenomenal
fundraising achievements.
Griffin Stone Moscrop & Co
14

The impact of your work is making a difference to tre people who ne@d it most.
Signed on behalf of the Trustees:
Ann Beasley
Date: 24th October 2025
Griffin Stone Moscrop & Co
(H4RTE￿DAcc￿T￿T5IlE￿STE￿FoAUD[tOPS

statement of Trustees. responslbllities In respect of the Trustees. annual report and
accounts
Under charity law, the Trustees are responsible for preparing the Trustees, annual report and
accounts for each financial year which show a true and fair view of the state of affairs of the Charity
and of the excess of @xpenditure over income for that P8ri0d.
In pr8paring these financial statements, generally accepted accounting practice requires that the
Trustees:
Select suitsble accounting policies and then apply th6rn consistently
Make judgments and estimat8S that ar6 reasonable and prudent
State whether the recommendations of the Statement of Recommended Practice
(SORP) have been followed, subject to any material departures disclosed and 6xplained
in th6 financial statements
State whether the financial statements comply with the trust deed, subj8Gt to any
material departures disclosed and explained in the financial statements
Prepare the financial staternents on the going concErn basis unless it is inappropriat8 to
presume that the Charity will continue its activities.
The Truste6s are required to act in accordance with the trust deed and the rules of the Charity,
within the framework of trust law. The Trustees are responsible for kaeping proper accounting
records, SLrfficient to disdose at any time, with reasonable accuracy, the financial posilion of the
Charity at that time, and to enable the Trustees to ensure that, where any statements of accounts
are prepared by the Trustees under section 132(1) of the Charities Act 2011, those Statements of
accounts comply with the requirements of regulations under that provision. The Trustees have
general responsibility for taking such steps as are reasonably open to the Trustees to safeguard
the assets of the Charity and to prevent and deteGt fraud and other irregularities.
Signed on behalf of the Trustees:
Ann Beasley
Date: 24th October 2025
Grlffln Stone Moscrop & Co
[HthEREDlLCOLW￿IR￿￿sT￿EDA￿DffoRS

statement of Financial Activities for the year ending 31 March 2025
Totsl
Funds
2025
Total
Funds
2024
Note
Unrestricted
Funds
Restricted
Funds
Income and endowments
from:
Donations and18gacies
Investments
Total Incoming resourcos
20,476
2,890
23,366
10,572
31,048
2,890
33,938
97,405
2,774
100,179
10,572
Expendlture on:
Fundraising aGtiviti6S
22,800) (22,800)
(22,800) (22,800)
Expenditure on:
Charitabl8 activities
Admin and audit fees
Patients comfort & other
Staff welfare
(7,422)
(4,343)
(1,694)
(13,459)
(89)
(7,511)
(6,610)
(5,564)
(9,907) (72,644)
(27,787) (29,481)
(5,118)
(33,440) (46,899) (84,372)
Total expenditure
(13,459)
(56,240) (69,699) (84,372)
Net gainsl (losses) on
investments
Net incomel(oxpendlture)
15
(1,865)
8,042
(1,865)
(45,668) (37,626)
4,788
20,595
Transfers between funds
Net movement in funds
8,042
{45,668) (37,626)
20,595
ReGonciliation of funds
Total funds brought forward
Total funds carried forward
20
21,286
87,204
108,490
87,895
20
29,328
41,536
70,864
108,490
17
Grfffin StDne Mascrop & Co
cHAjifF￿￿￿￿￿T5sRE￿5T￿lEDAuOhUP5

Balance Sheet as at 31 March 2025
Unrestricted Restricted
Funds
Funds
Total
Funds
Total
Funds
Note
2025
2024
Fixed assets..
Investments
15
38,678
38,678
38,678
38,678
40,542
40,542
Total flxed assets
Current assets..
Debtors
Cash and cash equivalents
Total current assets
16
17
875
75,209
76,084
46,858
46,858
2,858
2,858
49,716
49,716
Liabilities.-
Creditors falling due within one
year
Net current assetsl {Ilabiliti8s)
18
(17,530)
(17,530)
(8,136)
29,328
2,858
32,186
67,948
Total assets less current
liabilities
Creditors falling due after more
than one year
Total net assets or liabillties
29,328
41,536
70,864
108,490
18
29,328
41,536
70,864
108,490
The funds of the charity:
Restricted income funds
Unrestricted income funds
Totsl charity funds
20
41,536
41,536
29,328
70,864
87,204
21,286
108,490
29,328
29,328
41,536
The Trustees have not required the Charity to obtain an audit of its accounts for the year in question.
The Trustees acknowledge their responsibilities for complying with the requirements of the Act wth
respect to accounting records and the pr8paration of accounts. These accounts have been prepared in
accordance with the provisions subject to the small entities, regime.
The notes at pages 20 to 30 form part of these aco)unts
Signed:
Ann Beasley
Date: 24th October 2025
18
Grlffin Stone Moscrop & Co
CHUT￿ED￿CcOLwf#Nt3&Rk￿￿1YREDAl￿t

statement of Cash Flows for the year ending 31 March 2025
Note
Total
funds
2025
Total
funds
2024 .
Cash flows from operating actlvlties.
Net cash provided by (used In) operating
activlties
19
(28,383)
12,117
Cash flows from investing actlvlties:
Dividends, interest and rents from investments
Net cash provided by (used in) investing
activities
2,890
2,774
2.890
2,774
Change in cash and cash equivalents in the
reportlng perlod
(25,493)
14,892
Cash and cash equivalents at the boglnnlng of
the reporting perlod
17
75,209
60,317
Cash and cash equlvajents at the end of the
reporting period
17
49,716
75,209
19
Griffin Stone Moscrop & Co
CHlEtE￿IL¢￿NrAN1s$￿QSr￿DAu￿￿ORS

Notes on the accounts
AGcounting Policies
(a) Basls of preparation
The financial statements have been prepared under the historic cost convention, with the
eX￿ptIon of investments which are included at fair value.
Th8 accounts (financial statements) have been prepared in accordance with th8 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 (FRS 102) issued on 16 July 2014 and the Financial Reporting Standard applicable in
the United Kingdom and RepubliG of Ireland (FRS 102) and the Charities Act 2011 and UK
Generally AC￿pted Practice as it applies from 1 January 2015.
(b) Reconciliation wlth prevlous generally accepted accountlng practice
In preparing these accounts, the Trustees have considered whether any r8Statement of
comparatives was r8quired to comply with FRS 102 and the Charities SORP FRS 102.
(c) Cash and cash equivalents
These are cash h8ld in hand and In the cu￿ent bank account.
(d) Funds structure
Wher8 there is a legal restriction on the purpose to whidi a fund may be put, the fund is
dassified either as..
A restricted fund or
An endowment fund
The Charity does not have an endowment fund.
Those funds which are neither endowment nor restricted income funds, are unrestricted
income funds. These are sub-analysed between earmarked funds, where the Trustee has
set aside amounts to be used for specific purposes or which reflect the non-binding wishes of
donors and those that are at the Trustee's discretion, including the general fund which
represents the Charity's reserves. The major funds held in each of these categories are
disclosed in note 20.
{e) Incoming resources
All incoming resources are recognised On￿ the Charity has entitlement to the resources, it is
probable (more likely than not) that the resources will be received, and the mon8tary value of
incoming resources can b8 measured with sufficient reliability.
Where there are terms or conditions attaGh6d to incoming resources, particularly grants, th6n
th8se terms or conditions must be met beft)re the income is recognised as the entitlement
condition will not be satisfied until that point.
Where terms or conditions have not been met or uncertainty 8XiSts as to whether they can be
met then the relevant income is not recognised in the year bLrt deferred and shown on the
balan￿ sheet as deferred income.
Grlffln Stone Moscrop & Co
20
£HAKrFJIEOA£COU￿￿IpÉG￿T￿EDAuDmRs

(fj Incoming resources from legacies
Legacies are accounted for as incoming resources eith6r upon receipt or where the receipt of
the legacy is probable.
Receipt is probable when.,
Confirmation has been received from the representatives of the estate(s) that probate has
been granted
Th8 executors have established that there are sufficient assets in the estate to pay the
legacy and
All conditions attached to the legacy have b66n fulfilled or are within the Charivs control.
If there is uncertainty as to the amount of the legacy and it cannot be reliably estimat￿, then
the legacy is shown as a contingent asset until all of the nA)nditions for income recognition are
met.
{g) InGomlng resources from endowment funds
The Charity does not have any endowment funds.
(h) Resources expended and irrecoverable VAT
All expenditure is accounted for on an accruals basis and has been classified under headings
that aggregate all costs related to each category of expense shown in the Statement of
Financial Activities. Expenditur6 is recognised when the following Griteria are met:
There is a present legal or Gonstructive obligation resulting from a pasl event
It is more likely than not that a transfer of benefits (usually a cash payment) Mrill be required
in settlement
The amount of the obligation can be measured or estimated reliably.
Irrecoverable VAT is tharged against the category of resources expended for which it was
incurred.
(i) Recognition of expenditure and associated liabllltles as a result of grant
Grants payable ar6 payments made to patients of the Trust in accordance with the charitable
objeGtives of the funds held on trust, primarily relief of those who are mentally not well.
Grant payments are recognised as expenditure when the conditions for their payment have
b8en met or where there is a constructive obligation to make a payment.
A constructive obligation arises wh8n:
We have communicated our intention to award a grant to a recipient who then has a reasonable
expectation that they will receive a grant
We have made a publiG announcement about a commitment which is specific enough for
the recipient to have a reasonable expectation that they will receive a grant
There is an established pattern of practi￿ which indicates to the recipient that we will
honour our commitment.
The Trustees have control over the amount and timing of grant payments and consequently
where approval has been given by the Trustees and any of the above criteria have been met
then a liability is recognised. Grants are not usually awarded with conditions attached.
However, thien they ar6 then those conditions have to be met before the liability is
recognised,
21
Griff in Stone Moscrop &Co
QLWE.ffftlCCWNTANTS&REGI$IWALjErf￿s

Where an intention has not been communicated, then no exp8nditure is r8cognised, but an
appropriat6 designation is made in the appropriat8 fund. If a grant has been offered but there
is Un￿rtaintY as to whether it will be accepted or wh6ther conditions will be met, then no
liability is recognised, but a contingent liability is disclosed.
ti) Allocation of support costs
Support costs are those costs which do not relate directly to a sing18 activity. These include
some staff Gosls, costs of administration, intemal and extemal audit costs and IT support.
Support costs hav8 been apportioned belween fundraising costs and charitable activities on
an appropriate basis. The analysis of support costs and the bases of apportionment applied
are shown in note 11.
(k) Fundraising costs
The charity incurred a cost of £22,800 in raising funds in 2024125 (£0 in 2023124). This spend
was utilised for the £30,000 development grant received from NHS Charities Together in
2023124,
(l) Charitable aGtivltles
Costs of charitable activities comprise all costs incurred in the pursuit of lh8 charitable
objectives of the Charity. These Gosts, where not wholly attributable, are apportioned b@￿een
the categories of charitable expenditure in addition to the direct costs. The total costs of each
category of charitable expenditure Include an apportionment of support costs as shown in
note 8.
(m) Fixed asset Investments
Investments are a fom of basic financial instrument. Fixed asset investments are initially
recognised at their transaction value and are subsequ8ntly measured at their fair va5ue
(market value) as at the balance sheet date. The Stat8ment of Financial Activities includes
the net gains and losses arising on revaluation and disposals throughout th8 year. Quoted
stod(s and shar8s are induded in the Balance Sheet at the Gurrent market valu6 quoted by
the investment analyst, exduding dividend. Other investments are included at the Trustees,
best estimate of market value.
The main form of financial risk faced by the Charity is that of volatility in equity mathets and
investment markets due to wider economic conditions, the attitude of investors to investment
risk, and changes in sentiment concerning equities and within particular sectors or sub
sectors. Further information on the Charities fund investments can be found in note 15.
(n) Debtors
Debtors are amounts owed to the Charity. They are measured on th8 basis of their
recoverable amount.
(o) Cash and cash equivalents
Cash at bank and in hand is held to meet the day to day running costs of the Charity as they
fall due.
(p) Credltors
Creditors are amounts owed by the Charity. They are measured at the amount that the Charity
expects to have to pay to setue the debt.
Amounts which are owed in more than a y8ar are shown as long-term creditors. The Charity
does not have long term creditors.
22
Griffln Stone Moscrop & Co
14KrEPEDACCWN'IfyNTS&REG￿TEBEDAut¥[ows

{q) Realised gains and losses
All gains and losses are taken to the Stat6ment of Financial Activities as they arise. Realised
gains and losses on Inv6Stments are calculated as the difference betW88n sales proceeds
and opening carrying value (purchase date if later). Unrealised gains and losses are
calculated as the difference between the market value at the year end and opening carying
valu8 (or purchase date if later).
(r) Pensions
The Charity does not have directly employed staff. The staff who run the Charity ar8
employees of the Trust.
(s) Golng concern
The Trustees consider that there are no mat8rial Un￿rtaIntieS about the Charity's ability to
Continu8 as a going Gon￿rn¥There are no maten'al uncertainties affecting the curr6nt yearfs
accounts.
In future years, the key risks to the Charity are a fall in income from donations or inv8Stment
income but the Trustees have arrangements in pla￿ to mitigate those risks (see the risk
analysis sections of the annual report for more information).
Prior year comparatives by typ8 of fund
Unrestrlcted. Restricted
Funds
Funds
Total
Funds
2024
Income and endowments from:
Donations and legacies
Inv8Stments
Total Incoming resources
Expendlture on:
18,100
2,774
20,874
79,305
97,405
2,774
100,179
79,305
Charitable activities
Admin and audit fees
Patients cornfort & other
Staff welfare
(6,610)
(36,447)
{788)
(6,610)
(72,644)
(5,118)
{36,197)
(4,330)
Total gxpgnditure
(23,845)
(40,527)
(84,372)
23
Griffln Stone M05crop & Co
rA4K[EBEDXCWNTANTS&REGsfER￿IKDn

Related party transactions
None of the trustees or members of the SoLrth West London and St George's Mental Health
NHS Trust board or parties related to them has undertaken any transactions with South West
London and St George's Mental Health NHS Trust Charitable Fund or received any benefit
from the charity in payment or kind. The trustees received no honoraria or emoluments in the
year and no expenses were paid.
However, som8 of th8 trustees or members of the South West London and St George's
Mental Health NHS Trust board may have made small voluntary donations to South West
London and St George's Mental Health NHS Trust Charitable Fund through Microhive (refer
to page 10).
South West London and St G￿rge,8 Mental Health NHS Trust makes a number of clerical
and transaction seNices available to th8 charity, by agreement with the trustees. Th8se
include administrative services at a cost of £4,000 {£4,000 in 2023124) in running the charity
aGGounts which includes preparing the charity's final accounts.
Income from donations and legacies
Restated
Total
2024
Unrestricted Restricted
funds
Funds
Total
2025
NHS Charities Together
Donations from individuals
Corporate donations
Grants
4,000
3,072
4,000
20,998
700
5,350
31,048
81,000
13,035
3,370
17,926
700
1,850
20,476
3,500
10,572
97,405
A retrospective adjustsnent has been applied to restate the income from donations forfinancial
year 2023124. This results in an increase in donation inwme from NHS Chariti6s Together to
£81,000 (before restatement.. £0), which is offset against a reduction in income from
Corporate Donations to £3,370 (before restatement: £84,370). The overall total for income
frorn donations in 2023124 remains the same at £97,404.
Analysis of income frorn other trading activities
The charity was not involved in any trading activities during 2024125 (£0 in 2023124).
Gross Investment income
Unrestricted Restricted
funds
funds
Total
2025
Total
2024
Short term investments, d8POSits
& cash on deposit
2,890
2,890
2,890
2,774
2,890
2,774
24
Grlffln Stone Moscrop & Co
Q"LtsRrEP£.DXCIXNTNNTS&ftEGSTe￿DAuC1T

Analysis of expenditure on raising funds
The charity incurred a cost of £22,800 in raising funds in 2024125 (£0 in 2023124).
Unrestricted Restricted
funds
funds
Total
2025
Total
2024
Fundraising consultancy fees
22,800
22,800
22,800
22,800
Analysis of Gharltable expenditure
The charity did not undertake any direct charitable activities on its own account durfng the year.
The charitable expenditure is shown below in summary:
Unrestricted RestriGted
funds
funds
Total
Total
2025
2024
Admin and audit fees
Patients comfort, functions &
other
staff education and welfare
Total
7,422
89
7,511
6,610
4,343
5,564
9,907
29,481
46,899
72,644
1,694
13,459
27,787
33,440
5,118
84,372
Admin and audit fees for 2024-25 includes membership costs, postage and bank charges
amounting to £871. In the prior year 2023-24 the costs include bank Gharges of £210. Not6 11
only includes audit f66s and staff salary recharges.
Analysis of grants
The total cost of making grants, including support costs, is disclosed on the fa￿ of the
Statement of Financial Activities and the actual funds spent on each category of charitab18
activity, is disclosed in note 8.
The trustees operate a scheme (Jf delegation for the majority of the Gharitable funds, under
which fund advisors manage the daY-t￿daY disbursements on their projects in accordance with
the dir6dions set out by the trustees in charity standing orders and financial instructions. Funds
managed under the scheme of delegation represent ongoing activities and it is not possible to
segment these activities into discrete individual grant awards.
25
Griff in Stc>ne Moscrop & Co
CHAK[ER￿AtC￿￿58￿S7EREDAll)I￿C

10. Movements in funding commitments
Noto
Current Non-current
Liabilities
Liabllltles
Total
2025
Total
2024
Opening balan￿ at 1 St April
Additional commitments made
during the year
Amounts paid during the year
Closing balance at 31$1 March
18
8,136
8,136
8,176
58,534
58,534 87,166
(49,140) (87,206)
17,530
8.136
(49,140)
17,530
18
Exp8nditures are approved and paid out in the same financial year. As the charity has control
over the award and timing of grants there is little uncertainty around these payments.
11. Allocation of support costs and overheads
Support and overhead costs are allocated between fundraising activitl8s and charitable
activities. Governance costs are those support costs which relate to the strategic and day to
day management of a charity.
The basis of allocation used is as follows:
Expenditure: this is a proportion based on the fund balance at the end of the year b8for8
govemance cost. Thls is used where the trustees consider this is a more equitab16
treatment to avoid disadvantaging funds with high volume, low value transactions. The
charity did not pay any money for salaries directly but a p6rcentage of staff costs who
were involved in the running of the charity's accounts was recharged.
Raising
funds
Charltable
activitles
2025
Total
2024
Total
Basis
Independent examination
Accountancy costs
Staff salary reGharg8S
Governance costs
Fundraising Gonsultancy
costs
Total
2,640
2,640
2,400 Exp8nditure
Expenditure
4,000 Ex
enditure
6,400
4,000
6,640
4,000
6,640
22,800
22,800
Expenditure
22,800
6,640
29,440
6,400
Unrestricted
funds
Restricted Endowment
funds
funds
2025
2024
Total
Total
Charitable activities
Fundraising activities
6,640
6,640
22,800
29,440
6.400
22,800
22,800
6.640
6,400
26
Grfffin Stone M05crop & Co
cFL￿￿@£COu￿f￿&PE&SrERED￿jD￿R5

12. Trustees, remuneration, benefits and expenses
The charitys trust88s giv8 their time freely and receive no remuneration for the work that
they undertake as trustees,
13. Analysls of staff costs and remuneration of key management personnel
There were no staff dir6ctly employed by the charity.
14. Independent examlner's remuneration
The independent examiners remuneration is £2,640 (2023124: £2,400).
15. Fixed asset Investments
Movement in fixed asset Investments
2025
2024
Market value brought forward
Add: Net gainl (loss) on revaluation
Market value as at 31°, March
40,542
(1,865)
38,678
35,754
4,788
40,542
Flxed asset investments by type
2025
2024
COIF Charities Ethical Investment Fund
Total
38,678
38,678
40,542
40,542
All investments are carried at their fair value.
South Wesl London and St George's Mental Health NHS Trust Charitable Fund investments
are mainly trad6d in mark8ts with good liquidity and high trading volumes. The charity has no
material investment holdings in markets subject to exchange controls or trading restrictions.
The charity manages these investment risks by retaining expert advisors and operating an
investment policy that provides for a high degree of diversification of holdings within inveslment
ass8t classes. All investments wer6 made in companies listed on a UK stock exchange or
Incorporated in the UK and therefore all investments are treated as investment assets in the
UK. Restricted appeals to fund specific equipment or assets are held on notice deposit or
overnight on th8 money markets in accordance with the trustees, investment policy.
16. Analysis of current debtors
2025
2024
Debtors under one year
Accrued income
Total
875
875
27
Griffin Stone Moscrop & Co
CHaRTEREDXrQUTr￿NN￿IRE￿￿lERF￿AUt¥Tl￿5

17. Analysis of cash and cash equivalents
2025
2024
Cash in hand
Current Account
Total cash and cash equivalents
1,920
47,796
49,716
1,000
74,209
75,209
No cash or cash equivalents or current asset investments wer8 held in non-cash investments
or outside of the UK.
18. Analysis of liabllltles
2025
2024
Credltors falling due withln one year
Trade Greditors
other accruals
5,795
11,735
17,530
5,795
2,341
8,136
Creditors falling due after more than
one year
Total
17,530
8,136
19. Reconciliation of net incomel (expenditure) to net cash flow from operating activities
2025
2024
Net income/ (expenditure) as per the Statement
of FinanGial Activities
(37,626)
20,595
Adjustments for:
(Gains)I losses on investments
(Purchase)I sal8 of Investments
Dividends, interest and rents from investments
(Increase)I decrease in debtors
Increase/ (decrease) in creditors
Net cash provided by/ (used in) operating
activities
1,865
(4,788)
(2,890)
875
(2,774)
(875)
(41)
9,393
(28,383)
12,117
28
Grlffln Stone Moscrop & Co
CPiART8EDXC(LTrJttsNT5&REGBTEFEDALIXTOPS

20. Analysis of charitable funds
a) Analysis of endowment fund movements
The charity does not have any endowrnent funds.
b) Analysis of restricted fund movements
Balance Income Expenditure
blf
Transfers Balance
Gainsl{Losses)
clf
NHS Charities Together Stage 3
Surbiton And Tolworth Fund
Crocus Ward (St H8li6r)
NHS Charities Together
Development Grant
Friends of Seacole Ward Fund
H8nderson Staff Training
Others (below £1 k)
Total
38,250
12,486
6,073
27,880
4,000
(24,310)
(1,588)
17,940
10,898
6,073
2,290
(25,590)
1,199
2,147
(831)
4,130
87,204 10,573
2,443
(1,452)
2,190
2,147
(2)
41,536
(3,301)
(56,241)
The N HS Charities Together Stage 3 Grant is the first tranche being used to fund a programme of
mental health first aid training targeted at the residents of Springfield Village.
The NHS Charities Together Development Grant is being used to empower the NHS charity sector
to be high performing, effective and impaclful and has included the procurement of the services of
specialist fundraising consultants to generate short tenm income and advise on realistic strategies
for future income generation.
c) Analysls of unrestricted and material designated fund movements
Balance
blf
Income Expendlture
Transfers
Galnsl{Losses)
Balance
clf
Springfield General
Fund
Aquarius Ward
Sexual Behaviours
Service Fund
4,055
20,315
(13,333)
11,037
8,693
55
8,748
3,389
3,389
Shaftesbury Clinic
Post Traumalic Stress
PTSD
others (below £1 k)
Total
1,864
750
(96)
2,518
894
1,100
(467)
1,527
2,391
21,286
1,145
23,365
{1,427)
15,323)
2,109
29,328
The Aquarius Ward fund is designated to support the children on the ward with their activities and
improving the ward environment.
29
Griffin Stone Mascrop & Co
1TrIAKtEftED￿COuNTANTS￿TrE￿StE￿ED￿wlTc

Other designated funds relate to assisting patients on other wards and clinlcal departments within
the SWLSTG MH NHS Trust for which donors have indicated th8ir non-binding wishes when making
their generous gifts. In the interests of aGGountability and transparency a Gomp18te breakdown of all
such funds is available upon written requ8St.
Grlffln Stone Moscrop & Co
30
CH14RTERED#LEOUNTAF4Tr&REG15TFREDhuD￿

Independent exarniner's report to the Trustees of South West London and St George's Mental
Health NHS Trust Charitablo Fund (the 'charity'}
I report to the charity Trustees on my examination of the accounts of the charity for th8 year 8nded 31
March 2025.
This report is made solely to the charity's Trustees, as a body, in accordance with Part 4 of th8
Charities (Accounts and R8POrts) Regulations 2008, My work has been undertaken so that I might
state to the charity's Trustees those rnatters l arn required to state to them in an Independent
examiner's report and for no other purpose. To the fullest extent permitted by law, I do not accept or
assume responsibility to anyone other than the charity and the charity's Trustees as a body, for my
work or for this report.
Responslbilitigs and basls of report
As the Trustees of the charity, you ar8 responsible for th8 preparation of the accounts in accordanGe
with the requirements of the Charities Act 2011 ('th8 2011 Act.).
I report in respect of my examination of the charity'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 th8
Charity Commission under section 145(5)(b) of the 2011 Act.
Independent examiner's statement
Your attention is drawn to the fact that the charity has prepared the accounts in accordanGe with
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 (FRS 102) in prefer6nce to the Accounting and Reporting by Charities:
statement of Recommended Practi￿ issued on 1 April 2005 which is referred to in the extant
regulations but has been withdrawn.
l understand that this has been done in order for the accounts to provide a true and fair view in
accordance with the Generally Accepted Accounting Practice effecliv8 for reporting periods beginning
on or after 1 January 2015.
I have completed my examination. l Gan confimi that no matters have Gome to my attention in
connection with the examination giving me Gaus6 to believe that in any mat8rial respect:
1. accounting record5 were not kept in respect of the Gharity as requir8d by section 130 of the 2011
Act., or
2. the accounts do not accord with those records. or
3. the accounts do not comply with Ihe applicable requirements concerning the form and content of
accounts set out in the Charities (AcGountS and Reports) Regulations 2008 otherthan any requirement
that the accounts give a 'true and fairf 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:
Dated: 24th October 2025
Robert Smith FCA
Griffin Stone Moscrop & Co
Chartered Accountants
21-27 Lamb's Conduit Street
London
WC1N 3GS
Grlffln Stone Moscrop & Co
31
CNARTEAEDÈ￿Ou￿TAN￿&￿E￿￿STFAEDAuD￿RS