2021-03-31-accounts - Mind In Croydon Ltd

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					Page
Reference and Administrative Details
Trustees' Report					2-4
Independent	Auditors' Report				5-8
Consolidated	Statement	of Financial	Activities
Consolidated	and Charity	Statement	of Financial	Position	10
Consolidated	Statement	ofCash Flows
Notes to the	Consolidated	Financial Statements			12-29

			Unrestricted	Restricted	Total	Total
			Funds	Funds	Funds	Funds
		Note	2021	2021	2021	2020
				8	6	6
INCOME AND ENDOWMENTS	FROM:
Donations and legacies			38,295		38,295	137,776
Charitable activities			1,319,118	194,300	1,513,418	1,294,582
Other trading activities			47,270		47,270	169,601
Investment income			61,360		61,360	45,626
TOTAL INCOME			1,466,043	194,300	1,660,343	1,647,585
EXPENDITURE ON:
Raising funds		9	40,829		40,829	57,464
Charitable activities		10	1,386,274	170,407	1,556,681	1,451,176
TOTAL EXPENDITURE		12	1,427,103	170,407	1,597,510	1,508,640
NET INCOME			38,940	23,893	62,833	138,945
Transfer between funds		22
Gains/(losses) on investments:
Realised
Unrealised		22	460,354		460,354	(44,912)
NET MOVEMENTS IN FUNDS			499,294	23,893	523,187	94,033
TOTAL FUNDS BROUGHT FORWARD		21	2,386,140	249,160	2,635,300	2,541,267
TOTAL FUNDS CARRIED FORWARD		21	2,885,434	273,053	3,158,487	2,635,300

				Group		Charity
			Note	2021	2020	2021	2020
						8	8
FIXEDASSETS
Tangible assets			15	791,239	730,795	791,239	730,795
Investments
Investments			16	425,048	373,315	425,148	373,415
Investment property			17	1,305,000	515,000	1,305,000	515,000
Property refurbishment		costs	18		301 379		381 379
				2,521,287	2,000,489	2,521,387	2,000,589
CURRENT ASSETS
Stock				2,965	2,965	2,965	2,965
Debtors			19	76,218	326,157	93,042	357,643
Cash at bank and	in hand			665,952	595,247	642,361	560532
				745,135	925,369	738,368	921,140
CREDITORS - amounts within one year		falling due	20	~107.935 ~290,558		~1D3,516 ~288,676
NET CURRENT ASSETS				63 00	834811	634852	632462
TOTAL NET ASSETS				3,150,407	2,635,300	3156239	2833051
FUNDS
Unrestricted funds
General fund			22	2,155,854	2,098,293	2,153,606	2,096,044
Property refurbishment		fund	22		18,621		18,621
Fair value reserve			22	729,580	269,226	729,580	269,226
Restricted funds			23	273053	249 160	273,053	249.160
				3,150,407	2.635 300	3,106,239	2,633,1101

						2021	2020
							K
Cash Flows from operating activities
Cash generated from operations						88,778	91,732
Net cash provided by (used in) operating			activities			88,778	91,732
Cash flows from investing activities;
Investment property rents received						42,204	25,800
Other investment income received						18,950	18,950
Purchase offreehold improvements						(80,433)
Purchase ofsocial investments							(35,508)
Interest received						206	876
Net cash provided by (used in) investing		activities				(19,073)	10,118
Change in cash and cash equivalents	in the		reporting	period		69,705	101,850
Cash and cash equivalents at the beginning			ofthe reporting		period	596,247	494,397
Cash and cash equivalents at the end	ofthe		reporting	period		665,952	596,247
RECONCILIATION OF NET INCOME		/ (EXPENDITURE) TO NET CASH FLOW FROM
OPERATING ACTIVITIES						2021	2020
						E	f
Net income for the reporting period
(as per the statement offinancial activities)						523,187	94,033
Adjustments for:
Depreciation charges						19,989	19,989
Investment gains/losses						(460,354)	44,912
Investment property rents received						(42,204)	(25,800)
Other investment income received						(18,950)	(18,950)
Interest received						(206)	(876)
Decrease in stock							15
Decrease/(increase) in debtors						249,939	(176,408)
(Decrease)/increase in creditors						(182,623)	154,817
Net cash provided by (used in) operating			activities			88,778	91,732

DONATIONS AND LE	GACIES
	Unrestricted	Restricted	Total	Total
	Funds	Funds	Funds	Funds
	2021	2021	2021	2020
	f	f	f	f
Donations	33,285		33,285	55,265
Legacies	5,010		5,010	82,511
	38,295		38,295	137,776

					Unrestricted	Restricted	Total	Total
					Funds	Funds	Funds	Funds
					2021	2021	2021	2020
					f	f	f	f
Shop income -		trading	subsidiary		15,656		15,656	68,888
Fundraising					2,376		2,376	49,863
Shops					5,711		5,711	4,434
Catering	sales							8,954
Training	&other professional			fees	8,513		8,513	22,021
Miscellaneous		income			15,014		15,014	15,441
					47,270		47,270	169,601

7. INCOME FROM CHARITABLE ACTIVITIES	7. INCOME FROM CHARITABLE ACTIVITIES	7. INCOME FROM CHARITABLE ACTIVITIES	7. INCOME FROM CHARITABLE ACTIVITIES	7. INCOME FROM CHARITABLE ACTIVITIES
				Unrestricted	Restricted	Total	Total
				Funds	Funds	Funds	Funds
				2021	2021	2021	2020
				E		E
Croydon Clinical Commissioning			Group	521,383	35,730	557,113	386,017
London Borough of	Croydon			700,240		700,240	662,923
Mind Match income				5,280		5,280	57,652
Friends in Need							20,000
Universal Credit advice service					68,500	68,500	39,958
Suicide Prevention	Trailblazer	Project			26,250	26,250	18,750
Croydon Relief in Need					20,000	20,000	20,000
NHS Covid Support	Grant			3,382		3,382
Pears Foundation/DCMS Emergency			Fund		8,810	8,810
NAMH - Loneliness	Grant				24,745	24,745
NAMH - Emergency	IT Grant				5,000	5,000
NAMH - Frontline Staff Grant				6,804		6,804
Sundry Grants				17,044	5,265	22,309	33,261
BRITSchool							15,706
Proof ofOutcomes							2,004
Shop - Covid 19 Government		Grants		37,235		37,235
				1,291,368	194,300	1,485,668	1,256,271
Rental income from	non
investment property				27,750		27,750	38,311
Total income from
charitable activities				1,319,118	194,300	1,513,418	1,294,582

			Unrestricted	Unrestricted	Restricted	Total		Total
			Funds		Funds	Funds		Funds
			2021		2021	2021		2020
			8		E	E		E
Trading	activities - subsidiary		37,232			37,232		46,152
Fundraising		expenses		389			389	1,660
Catering	costs			814			814	4,366
Publicity			2,394			2,394		5,144
Cost of	sales							142
Events
			40,829			40,829		57,464

CHARITABLE ACTIVITIES COSTS
	Unrestricted	Restricted		Total	Total
	Funds	Funds		Funds	Funds
	2021	2021		2021	2020
Other costs:	f	f		f	f
Premises expenses	10,173	20,341		30,514	31,007
Insurance	20,568		720	21,288	17,852
Light and heat	15,154			15,154	13,371
Cleaning	23,018			23,018	27,555
Repairs and renewals	50,673		423	51,096	36,046
Training	14,217			14,217	29,356
Printing, postage and stationery	13,695		183	13,878	16,405
Books and software	10,372		210	10,582	6,008
Telephone and fax	18,507		311	18,818	12,136
Transport	2,075			2,075	12,548
Labour costs	9,931	11,594		21,525	17,113
IT support costs	26,367	1,232		27,599	26,979
Legal and professional	9,280			9,280	17,707
Bank charges	441			441	665
Holidays and outings					1,104
Special projects	10			10	189
Refreshments	443			443	2,974
Miscellaneous	4,205			4,205	6,354
Total other costs	229,129	35,014		264,143	275,369
Staff costs	1,135,531	128,786		1,264,317	1,147,093
Governance costs	8,232			8,232	8,725
Depreciation	13,382	6,607		19,989	19,989
	1,386,274	170,407		1,556,681	1,451,176

In 2020 expenditure on charitable f112,305was restricted.	activities was f1,3	80,059 ofwhich f	1,338,871 was un	restricted and
GOVERNANCE COSTS	Unrestricted	Restricted	Total	Total
	Funds	Funds	Funds	Funds
	2021	2021	2021	2020
	f	f	f	f
Audit fees	4,700		4,700	4,700
Auditors fees for non audit work	940		940	940
AGM costs	1,077		1,077	1,180
Annual report costs	1,515		1,515	1,905
	8,232		8,232	8,725

SUPPORT COSTS	SUPPORT COSTS	- TOTAL EXPENDITURE BYP	- TOTAL EXPENDITURE BYP	- TOTAL EXPENDITURE BYP	ROJECT
				Unrestricted	Restricted	Total	Total
				Funds	Funds	Funds	Funds
				2021	2021	2021	2020
				E	8	6
Fairfield House				349,899	58,190	408,089	392,917
Carers Support				32,921	6,030	38,951	42,032
Recovery Space				94,693		94,693
LBC Public Health				55,447	8,529	63,976	59,147
Counselling				122,896	20,336	143,232	113,534
Welfare Benefits	Advice			134,509	21,117	155,626	153,814
Employment Support				98,595	15,681	114,276	116,813
Advocacy				110,298	19,022	129,320	133,453
Head Office Direct				359,769	(181,132)	178,637	190,178
Information Service				37,182	5,543	42,725	42,863
Orchard House				7,604	2,960	10,564	18,196
Carers Counselling				46,885	7,384	54,269	51,555
Universal Credit	advice service			58,789	9,006	67,795	30,623
Relief in Need				18,966	2,808	21,774	20,774
Suicide Prevention		Trailblazer	Proj	15,158	4,526	19,684	18,988
Homeless Hotel				10,200		10,200
LVP 55+ Fitness				5,240		5,240
LVP 55+ Drop in				405		405	4,455
Proof ofOutcomes							17,056
Friends in Need							30,083
BRITSchool				284		284	24,258
Small Restricted	Projects			150		150	770
Live Well - No Smoking				388		388	979
Trading Subsidiary				37,232		37,232	46,152
				1,597,510		1 597510	1 508640
Overhead allocation					Head	Trading
				Projects	Office	Subsidiary	Total
				6	K	K	6
Staff costs				982,247	282,068	32,837	1,297,152
Other costs				209,218	66,756	4,395	280,369
Depreciation				15,331	4,658		19,989
Management Charge				181,132	(181,132)
Total	31	March 2021		1,387,928	178,637	37,232	'I,597,510
Total	31	March 2020		1,272,310	190,178	46,152	1,508,640

STAFF CO		STS
									2021	2020
									E	E
Wages and		Salaries							1,044,775	876,851
Social Security costs									93,688	78,294
Pension costs									131,128	144,169
Life Insurance costs									14,005	13,855
Temporary	staff costs									2,635
Recruitment		costs							9,282	27,209
Redundancy		costs								4,080
Trading Subsidiary			staff costs						2,117	32,837
									1,294,995	1,179,930
The average		number		of headcount		employees,	analysed	by function was:
									2021	2020
									8	E
Projects									33	31
Management		and adminstration			of	the charity			5	5
									38	36

TANGIBLE FIXEDASSETS - GROUP
		Fixtures	Improvements
	Land and	and	to
	Buildings K	Fittings	Freehold	Totalf
Cost:
At 1 April 2020 Additions	999,709	116,282	80,433	1,115,991 80,433
At 31 March 2021	999,709	116,282	80,433	1,196,424
Depreciation: At 1 April 2020 Charge for the year	268,914 19,989	116,282		385,196 19,989
At 31 March 2021	288,903	116,282		405,185
Net book value
at31 March 2021	710,806		80,433	791,239
Net book value
at 31 March 2020	730,795			730,795
TANGIBLE FIXEDASSETS - CHARITY
		Fixtures	Improvements
	Land and	and	to
	Buildings	Fittings	Freehold	Total
	K	6	E	2
Cost:
At 1 April 2020 Additions	999,709	81,097	80,433	1,080,806 80,433
At 31 March 2021	999,709	81,097	80,433	1,161,239
Depreciation: At 1 April 2020 Charge for the year	268,914 19,989	81,097		350,011 19,989
At 31 March 2021	288,903	81,097		370,000
Net book value
at 31 March 2021	710,806		80,433	791,239
Net book value
at 31 March 2020	730,795			730,795

FIXEDASSETINVESTMENTS
GROUP AND CHARITY			2021f	2020f
Quoted investments:
Market value at 1 April 2020			373,315	418,227
Additions
Disposals Net unrealised investment gains/(losses)			~1„133 ~44912
Market value at 31 March 2021			425,048	373,315
Unquoted investments; Mind in Croydon Trading Limited			100	100
Net book value at 31 March 2021			425,148	373,415
GROUP AND CHARITY Historical cost
Quoted investments Unquoted investments			431,870 100	431,870 100
Historical cost at 31 March 2021			431,970	431,970
Quoted investments compdise	CAF Retail Charity Bonds 5%Stock 2026 with a cost off431,870 (2020
f431,870)and a market value	off425,048(2020 f373415).
Unquoted investments: non charity trading subsidiary Mind in Croydon Trading Limited Class ofshare: 100f1 Ordinary - Holding: 100%			2021f	2020f
Income statement
Turnover			15,656	68,888
Cost ofsales			(31,129)	(34,461)
Gross profit			-15,473	34,427
Other income - Government	grants		37,235
Interest receivable
Administrative expenses			(5,986)	(11,198)
Finance costs			(117)	(493)
Depreciation
Taxation
Profit for the Financial Year			15,659	22,736
Covenanted Gift Aid donation	to parent charity		(15,659)	(22,736)
Retained in the subsidiary
Balance sheet
The assets and liabilities ofthe subsidiary		were:
Fixed assets
Current assets			23,787	36,437
Current liabilities			(21,438)	(34,088)
Aggregate capital and reserves			2,349	2,349

MARKET VALUE
At 1 April 2020	515,000
Reclassi6cation/transfer	381,379
Revaluations	408,621
At 31 March 2021	1,305,000
NET BOOK VALUE
At 31 March 2021	1,305,000
At 1 April 2020	515,000

The charity's investment properties were valued as at 31 March experience in the location and class ofthe properties being valued.	2021 by external valuers with recent
PROPERTY REFURBISHMENT COSTS	Mixed motive
	Investments
MARKET VALUE	6
At 1 Apn1 2020 Reclassification/transfer	381,379 ~381.v8
At 31 March 2021
NET BOOK VALUE
At 31 March 2021
At 31 March 2020	381,379

element ofthe property at 18Westow Street. The property was rented out during the year	element ofthe property at 18Westow Street. The property was rented out during the year	was transferred to investment propert	ies since it
19.DEBTORS - GROUP		2021	2020
		E	6
Trade debtors		40,450	220,758
Prepayments Other debtors	and accrued income	34,478 1,290	103,225 2,174
		76,218	326,157
DEBTORS-CHARITY		2021	2020
		F	8
Trade debtors		40,450	220,758
Prepayments and accrued income Amounts owed by group undertaking Other debtors		34,478 17,019 1,095	103,225 32,208 1,452
		93,042	357,643

				2021	2020
					8
Pension	contributions			3,217	29,374
Tax and Accruals	social security costs			21,543 62,092	30,815 35,553
Deferred	income			14,843	194,816
Other creditors				6,240
				107,935	290,558
CREDITORS - CHARITY - amounts			falling due within one year
				2021f	2020
Pension	contributions			3,217	29,374
Tax and	social security costs			21,543	30,815
Accruals				57,673	33,673
Deferred	income			14,843	194,816
Other creditors				6,240
				103,516	288,678
Deferred	income			2021	2020
					8
At 1 April	2020			194,816	29,020
Amounts	released	to income		(194,816)	(29,020)
Amounts	deferred	in the year		14,843	194,816
At 31 March 2021				14,843	194,816

		2021	2021	2021	2020
		Unrestdicted	Restricted	Total	Total
		Funds 6	Funds K	Fundsf	Funds 6
Fixed assets		550,780	240,459	791,239	730,795
Investments		1,730,048		1,730,048	1,269,694
Current	assets	712,541	32,594	745,135	925,369
Current	liabilities	(107,935)		(107,935)	(290,558)
		2,885,434	273,053	3,158,487	2,635,300
ANALYSIS OF NET ASSETS BETWEEN FUNDS -CHARITY
		2021	2021	2021	2020
		Unrestricted	Restricted	Total	Total
		Funds 8	Funds 6	Funds E	Fundsf
Fixed assets		550,780	240,459	791,239	730,795
Investments		1,730,148		1,730,148	1,269,794
Current	assets	705,774	32,594	738,368	921,140
Current	liabilities	(103,516)		(103,516)	(288,678)
		2,883,186	273.053	3,156,239	2,633,051

UNRESTRICTED F	UNDS
						Property
UNRESTRICTED FUNDS - GROUP				General	Fair value	Refurbishment
				Fund	Reserve	Fund
				6		K
At 1 April 2020				2,098,293	269,226	18,621
Incoming				1,926,397
Outgoing Transfer - property Transfer - fair value	refurbishment adjustment	of investments		(1,427,103) 18,621 (460,354)	460,354	(18,621)
Transfer - restricted	funds
At 31 March 2021				2.155,854	29 5811
						Property
UNRESTRICTED FUNDS - CHARITY				General	Fair value	Refurbishment
				Fund K	Reserve F	Fundf
At 1 April 2020				2,096,044	269,226	18,621
Incoming				1,889,166
Outgoing Transfer - property Transfer - fair value	refurbishment adjustment	of investments		(1,389,871) 18,621 (460,354)	460,354	(18,621)
Transfer - restricted	funds
At 31 March 2021				2,153,606	729,580
Property refurbishment fund - An amount refurbishment of the charity's premises			of6400,000 was set aside as at 31 March 2016in respect of at 18 Westow Street, London SE19.As the refurbishments				the are
completed the residual balance		of618,621 was transferred		back to the general fund.

COMPARATIVES	- UNRESTRIC	TED FUNDS
					Property
UNRESTRICTED FUNDS - GROUP			General	Fair value	Refurbishment
			Fund	Reserve	Fund
				6	L'
At 1 April 2019			1,932,832	314,138	54,129
Incoming			1,534,948
Outgoing Transfer - property	refurbishment		(1,441,247) 35,508		(35,508)
Transfer - fair value adjustment		of investments	44,912	(44,912)
Transfer - restricted	funds		(8,660)
At 31 March 2020			2598,292	6 .226	18,621
					Property
UNRESTRICTED FUNDS - CHARITY			General	Fair value	Refurbishment
			Fund	Reserve	Fund
				6
At 1 April 2019			1,930,583	314,138	54,129
Incoming			1,488,796
Outgoing Transfer - property refurbishment Transfer —fair value adjustment		of investments	(1,395,095) 35,508 44,912	(44,912)	(35,508)
Transfer - restricted	funds		(8,660)
At 31 March 2020			2,096,044	269,226	18,621

			Balances				Balances
			1 Apdil 2020	Incoming	Outgoing	Transfers	31 March 2021
			E	E	E		E
Orchard House			70,000		(2,000)		68,000
Big Lottery- Fairfield Extension SLaM - various projects Universal Credit advice service			170,459 358 9,355	68,500	(4,607) (150) (67,792)		165,852 208 10,063
Suicide Prevention Trailblazer		Project	(238)	26,250	(19,684)		6,328
Croydon Relief in Need			(774)	20,000	(21,774)		(2,548)
LVP 55+Fitness				4,860	(5,240)		(380)
Next Steps Accommodation	Fund			35,730	(10,200)		25,530
LVP 55+Drop in				405	(405)
NAMH - Covid Loneliness	Fund			24,745	(24,745)
NAMH Emergency IT Fund				5,000	(5,000)
Pears Foundation/DCMS	Emergency			8,810	(8,810)
			249,160	II4,3o	~10A07		273,053

			Balances				Balances
			1 Apnl2010	Incoming	Outgoing	Transfers	31 March 2020
				E	E		E
Orchard	House		72,000		(2,000)		70,000
Big Lottery- Fairfield Extension			162,666		(4,607)	12,400	170,459
Relief in	Need - Form Filling		(286)			286
Friends	in Need		1,168	29,091	(30,083)	(176)
SLaM - vadious projects			570	363	(575)		358
LBC Live Well - Stop smoking			3,850			(3,850)
Surrey County FA - Ladies Football Universal Credit advice service			200	39,978	(200) (30,623)		9,355
Suicide	Prevention Trailblazer	Project		18,750	(18,988)		(238)
Croydon	Relief in Need			20,000	(20,774)		(774)
LVP 55+ Dlop				4,455	(4,455)
			240,168	ttttt	tl1230sL	e,eee	249,160

pension	contributions equivalent to 5 - TN% ofemp	loyees' salaries.
		2021f	2020 K
Pension	contributions	131,128	144,169

Minimum	lease payments	under non-cancellable	operating	leases fall due:
					2021	2020
					6	6
Within one year					13,625	31,628
Between	one and five years				18,337	48,605
More than	five years				750
					32,712	80,233
Minimum	lease receipts	under non-cancellable	operating	leases fall due:
					2021	2020
					K	6
Within one year Between one and five years					38,166 161,916	16,000 64,000
More than	five years				40,000	56,000
					240,110	136,000