REGISTERED COMPANY NUMBER: 03853697 (England and Wales)
REGISTERED CHARITY NUMBER: 1077850
Re
ort of the Trustees and
UnaudÈted Financial Statemcnts for the Year Ended 31 March 2024
for
The Inde
endent Newham Users forum
Mental Health
Accountability l.ondon Limited
London

en
Users Forum
Fin
ed31M h
11
Page
Report of the Trustses
Ito5
Ind¢p¢nd¢nt EKamin¢r's Report
11
Statement of Financial Activities
Balance Sheet
8t09
Notes to the Financial Statements
IOto19
Detsiled Ststement of FinanGial Activities
20to22

Newh
ser
ortof
eye
eTru
En
d31M h2024
The Trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with
11
the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of
Accounting and Reporting by Charities. Ststement of ReconMn¢nded Practice applicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)
(effective l January 2019).
OBJECTIVES IIND ACTIVITIES
Objectives and alms
Mission statemertt: Supporting people with metttal health n¢cds in East London.
Our objectives are:
a) To enable and encourage persons with mental health problems under the care of the East London and City Mental
Health NHS TrusL to be involved in all local mentsl health serrfice design or implementation.
b) To assist persons with mental health problems to obtsin their full rights and privileges as citizens.
c) To educate the general public in the causes, treatment and consequences of mental health disorders, and raise the
public's awareness of the needs of persons with such disorders.
Aims of the charity:
To achieve our aims The Independent Newham Users Forum (Mental Health) ("INUF") will:
Retain a user-led approach in all its activities and developments.
Provide access to a safe and supportive environment in which skills can be developed and views shared.
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Provide opportLmities for people to develop greater confidence and individual capacity to be involved at a
strategic level.
Support emerging, user-led initiatives by offering acce8S to community facilities.
Provide acc¢s8 to infonnation related to matters impacting on people, s daily lives and mental health needs.
Ensure mentsl health service users are provided with an opportlmity to be consultsd on local services and
d¢velopments.
Maititsin an 'open-door' policy at all times for mental health service users and members of the clwity.
Celebrate the diversity of cultLJrcs in East Londofy by listening to pcopl¢'s needs and promoting eqwality of
seryice provision.
Significant activities
INUF experienced major financial difficulties during this financial year. Costs exceeded income. Sources of income
declined over time. We managed to obtain the following grants during the year £6,425 from London Borough of
Newham, £3,000 from London Catalyst, £375 from Groundworks and £7,238 from Sport England.
The area used as a restaurant which is leased to Spice Villa was closed for refi￿bIS1jrnellt for six months from I
November 2023 so this reduced the rental income r¢ceived by the Charity. A new tenant was found for one of the
empty offices in October 2023.
Pag¢ I

Newh
sers F
talH I
2024
OBJECTIVES ATr4D ACTIVITIES
Public benefit
The Trustees confinn that they have complied with the duty in section 4 of thc Charities Act 2006 to havc due regard to
public benefit guidance published by the Charities Commission in det¢rniining the activiti¢s undertaken by INUF,
which defines the requirement that the charitable pU￿OSe of a charity must be "for the public benefif,.
Th¢ objectives and activities, and achievement and perforniance sections of this report clearly set out that the activities
which the charity undertakes are for the public benefit.
Volunteers
INUF is highly reliant on and values its voluntecrs, the majority of whom are service users/survivors. Volunteers assist
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in many aspects of INUF'S activities, including strategy development, providing peer support, facilitsting activities,
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attending consultstion events with the local authority and providing administrative and reception supporL
currently Iw around 80 volunteers recorded. A regular corc of 20+ voluntcers participatcs in a variety of activities.
Volunfrers are included in all strategic planning to ensure they feel valued and play an active role in INUF'S future
developments. Ea¢h ¢nty point r¢quir¢s the completion of a simple, 4-page membership forni, along with two proofs
of identity.for an Enlwiced DBS check. An interview takes place which then leads on to training.
Volunteering is a route for many to fmd employmellt, both with INUF and also with outside organisations. It also
provides an opportL]nity for volunteers to return to education and explore opporlunities available there.
ACHIEVEMENT AND PERFORMAI¥CE
Charltable actlvities
In a nornial year th￿¢ are a number of ongoing objectives that INUF fu1fi18. Th&se include consultstions and user
involvement in service planning and development, In the current financial year these activities were on a limited scale.
Fundraising activjties
Funding has been difficult in the current economic climate. All con)munity and clwity wups are suffering, due to the
r¢duGtion in th¢ totsl amount of fimding available. Given this situation INUF b¢en looking at maximising income
generatsd by Ithaca House itself. D￿ing the year we were awarded 4 new grants totalling £17,038 to support our
work.
FINANCIAL REVIEW
Reserves policy
The trnstees are working towards agreeing a suitable reserves policy within the next financial year..
Cunryently our monthly income is approximately £10,700 (excluding any Grant income) expenses each month are
£11,850, So, INUF needs additional income of £l.150 each month.
Based on the current financial costs we need to have reserves of £32,000 to ensure tNUF can continue to operate for a
full 12 months on its own resources without requiring additional grants. knently tFIUF no reserves in place.
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Where fi]nds can be raised to cover the Core Costs the money generated from the building can be used to build up
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reseryes to this level.
Income from Ithaca House fell this y¢aT from £104,373 to £100,848. Th¢ building continu¢s to bc the main source of
funds for thc activities INUF provides for its members. To improve cashfiow, INUF has engaged in a process of aged
debt T￿0Very> and the Trustees are active in debtor managemenl to ensure strict financial management.
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FTrIANCIAL REVIEW (continued)
Many of our costs are linked to the we receive. Although our gas and el¢ctricity costs have stabilised this year
they remain historically high, our total Health and Education costs have fell this year from £105,596 to £55,090. The
deficit this year is due to the depreciation c1k￿ge on the building improvements and higher Gosts of and electricity
coupled with the fact that two major offices had not been let for most of the year. The Tnjstees will continue to
monitor the financial situation very carefully.
The accounts include the costs incurred in renovating the building as a fixed asset under restricted funds and this is
being depreciated. This trealm¢nt is used to reflect the usage INUF makes of Ithaca House. This cost was fi]Ily
depreciated by the end of the financial y¢ar.
INUF can meet its day-to-day expenses. However, to continue to provide excellent service to its users, the building
shall require a restoration PToject given on going wear and tear.
All expenses are monitored and approved before being incurred. All bircrs and tcnants ar¢ followcd up promptly to
ensure they have paid for the room hire or office rent. A finance report is presented at each Tn￿teeS meeting
11
highlighting the financial position of the organisation.
FUTURE PLANS
The TnLstees of INUF prepare a Business Plan whilst keeping in mind its financial position and lack of building
restoration reserves. The plan directs the future direction of INUF, including whether it retains its current projects or
allows them to reach their naturnl conclusion.
To date INUF has not advertised the centre as widely as it could, and this is one area that will be made a priority to
ensure sustsinability is not jeopardized.
The year was very difficult for INUF and our reserves all but disappeared. The year to 31 March 2025 has been even
more challenging as the spaces have not been let and the costs have continued'to rise.
With effect from April 2024 the office rents will increase by 50/0. The spaces and room hires have been extsnsively
advertiscd. Wc have been able to rent out meeting spaces to therapists and to the NHS Newham Recovery College for
their training meetings.
The l¢as¢ with the fast-food takeaway has been renegotiated with the ient increasing to £18,500 per year.
Our largest single expense is the wages bill. We have reduced the bill as two employees have left the payroll, and
another has taken a reduced salary,
With regards grant funding IFWF has made several applications. However, none have been successful to date.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing doeument
The charity is controlled by a deed of its Memordndum and Articles of Association, and constitutes a compally, limited
by guarantee, as defined by the Companies Act 2006.
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Reeruitment and appointment of nevy trustees
The Trustees are democratically elected and/or co-opted under the ternis of the Memorandum and Articles of
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Association by Tndividual Members and/or Open Members. Trnstees serve for a period of one year after which time
they may offer themselves for reappointment.
Organisational structure
Its Memorandum of Association sets out the objects and powers of the Charity. The Articles of Association estsblishes
its governance. In the event of INUF being wound up members are required to contribute an amount not exceeditig £1.
Legal responsibility for the management and stewardship of the clwity is vested in the Board of Trustees.
Pag¢ 3

endent
am Users Fo
ortof
e Trnstees
f r the Year End
l M h2024
Nornially the Trustees meet every two months. However, during these unprecedented times it has been difficult to find
11
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suitsble times. So, meetings have been very ad hoc. From time to time the Board of Trnstees creates sub-committees,
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reporting on matters concerned with finance, strategic planning and fundraising. The sub-conmiittees report to the
Board of Trustees where decisions are ratified.
The Board of Trustees includes a mix of skilled and knowledgeable individuals that support the charity in its activities.
These 'skills range from business managemen¢ mental health, Community organisation to IT and teaching. To ren￿lti
as a user-led charity, INUF feels that it is important to be able to ensure the governing body reflects the community it
serves whilst expert assistance is received from skilled non-board volunteers and other training organisations. In all
effort to enhance skills, Trustees are encouraged to attend all appropriate training identified.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Induction and training of new trustees
Each new Trustee receives an induction pack including key policies and procedures at the first Board meeting they
attend. They are also given an overview and introduction to the charity.
Tn]stees are provided with the following information at their induction:
. Tn￿te¢ roles and responsibilities;
• Memorandum and Articles of Association;
. Values;
• Annual and Financial Report;
• Key policies and procedures;
. List of training days if available.
. Future plans for the cknty.
Although some Trustees are familiar with INUF and have served as Trustees for some years. INUF feels it is beneficial
for all Tn￿teeS to remind themselves of our mission ststement, aims and objectives each year they are elected to
maintsin focus.
Key management remuneratlon
The totsl compensation paid to key management personnel amountsd to £29,690 (2023: £32,461 as restated). This
includes contribution8 to a Workplace Pension of £612 (2023: £677).
Risk management
The Trustees conduct an annual rcview of the major risks to which INUF is exposed through business planning. Where
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appropriate and iderttified* Systems or procedures will be established to mitigate the risks the charity faces.
Most con]munity groups face external risks to funding which has led INUF towards developing a strategic plan. This
will allow for diversification of funding if possible and shape thc charity's ￿tUre direction. Internal risks are minimi$¢d
by the implementstion of procedures for authorisation of all transactions alld projects. Procedures are in place to ensure
compliance with health and safety, security and other potential risk areas by staff, volunteers, beneficiaries, trustees,
occupants and visitors to the centre. There are annual inspections and servicing of the fire alarni systems, security
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alarnis and central heating systems. A Third-Party Company carries out a DBS check for all of our volunteers.
INUF operates a Zero Tolerance policy relating to alcohol and recreational dnigs on its premises. This has proved very
effectlV6 in reducing potential untoward incidents and ensuring safety for all building uscrs.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
03853697 (England and Wales)
Registered Charity number
1077850
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REFERENCE AND ADNIINISTRATIVE DETAILS
Registered office
Ithaca House
27 Romford Road
Strarford
London
E15 4LJ
Trustees
J Meek
V Petcrs
Ms S Ruiz
Ms M Quinlan
R Sangani
T Crookes
Director
Director
Director
Director
Director
Director
Independent examiner
Elizabeth Liberda-moreni FCCA DChA
A¢￿Untabl]ity London Limited
16 Mak¢pwe Avenu
LL)ndoll,
N6 6EJ
Approved by order of the board of trustees on ...28.November 2024... and signed on,its behalf by:
J Meek - Trnstee
Page 5

Inde
endent Examiner's Re
ort to the Trustees of
The Inde
endent Newham Users ForLlln
Mental Health
Independent examiner's report to the trustees of The Independent Newham Users Forum (Mental Health) ('the
Company,)
I Teport to the charity trustees on my cxamination of the accounts of the company for the year ended 31 March 2024
which are set out on pages 7 to 22.
Responsibilities and basis of report
As the charity trustees of the company (and also its directors for the purposes of company law) you are responsible for
the preparation of the accounts in accordance with the requireEncnts of the Companies Act 2006 ('the 2006 Act,).
Having satisfied myself that the accounts of the company ai"e not requllrd to be auditcd under Part 16 of the 2006 Act
and are eligible for independent examination, I report in respect of my examination of your company's accounts as
carried out under section 145 of the Charities Act 2011 ('the 2011 Act,). In carrying out my exalnination I have
followed the Directions given by the Charily Commission under section 145(5)(b) of the 2011 Acl.
Independent examiner's statement
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I have completed my ¢xamknation. I collf￿n that no matters have com¢ to my attention in connection with the
exdmination giving rne cause to believe that in any material respect:
accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or
2. the accounts do not accord with those records. or
3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act 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" or
4. the accounts have not been prepared in accordance with the methods and pnnciples of the Statement of
Recomrnended Practice for accounting and reporting by charities [applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
I hav¢ no concerns and hav¢ com¢ across no otkn¢r matt¢rs in Gonnection with the examination to which attention should
be drawn in this report in order to enable a proper understanding of the accOL￿tS to be rcached.
Elizabeth Lib¢rda-Moreni FCCA
Accountability London Limited
16 Makepeace Avenue,
London,
N6 6E5
Date- December 2024
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ntN h
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IH
nt of Fin
r the Year End
h 2024
31.3.24
Total
31.3.23
Total
Unrestricted
funds
Restricted
li
Notes
Donations and legacies
3,049
3,049
6.432
Charitable activities
Health and Education
Other tra(ling activities
Investment income
17,038
740
17,038
7,464
100,982
1,325
1,301
104.448
6.724
100,982
Total
110,755
17,778
128,533
113.506
Raising fu￿lS
86,523
86,523
106,325
Charitable Activitie$
Health aul Education
Golrrnance
36271
2,730
18,819
55.090
2,730
105.596
13,471
Other
1,114
1,114
1,421
Tot
126,638
18,819
145,457
226,813
NET INCOMVJ(EXPEIYDTIIJRE)
(15,883)
(1,041)
(16.924)
(113,307)
RECONCItJATION OF FUTr4DS
Total funds brought forward
2,475
2,085
4,560
117.867
YDTAL FUNDS CARRIED FORWARD
13 408
1044
12 364
4560
CONTINUING OPERATIOTrIS
All income and expenditure has arisen from continuing activities.
The notes forni part of these flltsttcial statements
Page 7

The Inde
endent Newham Users F0￿M
Mental Health
istered number: 03853697
Balance Sheet
At 31 March 2024
31.3.24
Total
funds
31.3.2J
Total
Unrestricted
funds
Restricted
funds
funds
Notes
FLYED ASSETS
Tangible assets
3,230
1,044
4,274
6,429
CURRENT ASSETS
Debtors
Prepayments and accrued income
Cash at bank and in hand
12
15,312
15,312
15.084
2,055
27,975
45,114
12,642
27,954
12,642
27,954
CREDrroRS
Amounts falling due vlithin one year
13
(26,315)
(26,315)
(23,456)
NET cuRREr￿ ASSETS
1,639
1,639
21,658
TOTAL ASSEIS LESS
CURRETr4T LIABILrtIES
4,869
L,044
5,913
28,087
Amounts falling after more than
one year
14
(18,277)
(18,277)
(23,527)
NET ASSETS
(13,408)
1,044
(12,364)
4,560
FUNDS
Unrestricted funds
Restricted funds
16
(13,408)
1.044
(12,364)
2,475
2,085
4,560
The notes forni part of these financial statements
Page 8
continucd...

eIll
tNe
Fo
is
11
Ce
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year
ended 31 March 2024.
The members have not required the company to obtsill an audit of its financial ststements for the year ended
31 March 2022 in accordance with Section 476 of the Companies Act 2006.
The trustees ackllowledge their responsibilities for
(a)
ensuring that the charitsble company keeps accounting records that comply with Sections 386 and 387 of the
Companies Act 2006 and
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as
at the end of each financial year alld of its SU￿luS or deficit for each financial year in accordance with the
requirements of Sections 394 alld 395 and which otherwise comply with the requirements of the Companies Act
2006 relating to financial statements, so far as applicable to the charitable company.
These financia] statements have been prepared in accordance with the special provisions of Part 15 of the Companies
Act 2006 relating to clwitsble small companies.
The fmancial statements were approved by the Board of Trnstees on 28. November 2024 and were signed on its behaIf
by:
J Meek -Trustee
The notes forni part of these financial statements
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dent Newh User
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ACCOUNTING POLICIES
Charltable activities
The Independent Newham Users Fonlln (Mental Health) ( INUF") is a charity, limited by guarantee,
incorporated in England and Wales.
The charity's ￿gIStered office is Ithaca Hous¢, 27 Romford Road, Stratford, Londo￿ E15 4LJ.
The charitsble activities of the charity continues to be:
a) To enable and encourage persons with mental health problems within the London Borough of Newham, and
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other boroughs under the care of East London and City Mentsl Health NHS TrusL to be involved in all local
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mental health service design or implementation and to assist persons with mental health Problems to obtain his
or her full rights and privileges as citizens.
b) To educate the general public in th¢ causes, treatment and consequences of mental health disorders and
raising the publics awareness of the needs of persons with such disorders.
Basis of preparing the f￿anCial ststements
The fmancial statements have been prepared to give a 'true and fair, view and have departed from the Charities
(Accounts and R¢ports) Regulations 2008 only to the extent required to provide a 'true and fair, view. This
departure has Involv￿ following the Charities SORP (FRS 102) published in October 2019 rather than the
AcGounting and Rq)orting by Charitics: Statement of Recommended Practice effective from l April 2005 which
bas since been withdravm.
The fmancial statcments of the charitsble company, which is a public benefit entity under FRS 102, have been
prepared in accordallce with the Chariti¢s SORP (FRS 102) 'Accountitig and Reportitig by Charities: Statement
of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial
R¢porting Standard applicable in the UK and Republic of Ireland (FRS 102) (eff¢Gtive l January 2019),,
Financial Reporting SLandard 102 'The Financial Reporting Standard applicable in the UK and Republic of
Ireland, and the Companies Act 2006. The financial ststements have been prepared under the historical cost
onvention.
The charity's functional and presentational curr¢ncy is Pound Sterling.
The charityls financial statements are presentsd to the nearest pound.
Going concern
The charity's main source of income is from the letting of office spaces and room hire of Ithaca House.
To meet its day to day working capitsl requirements the charity is dependent upon this rental income. The year
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was very difficult for ]NUF and our reserves all but disappeared. The year to 31 March 2024 has been even
more challenging as the spaces have not been let and the costs have continued to rise. To improve cashflow
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IFWF agreed to reduce payments to Electricity, Gas and Water suppliers to a minimum of £5 per month.
Additionally, a 6 month paytllent holiday was granted on the Bounce Back loan fr(mi l January 2024. Our largest
single expense is the wages bill. We are looking at all options to reduce this bill whilst maintaining our
services.
INUF Ims been able to rent rooll￿ to therapists and the NHS Newham Recovery collcgc since the beginning of
2024. Additionally with effect from April 2024 the office rents will increase by 5%. The lease with the
f&st-food tskeaway is currently being negotiated and it should be finalised in March to. April 2024.The rent
being negotiated is between £2,100 and £2,500 per month.
With regards grant funding tNUF has secured two grants totalling £11,000 in the first quarter of the 2024
alendar year which will be used to cover the salaries.
After Jnakitig enquires, the Trnstees havc a reasonablc cxpeGtation that the Charity will have adcquate resources
to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt a going
concern basis in preparing the financial statements.
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t Newham Use
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es
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on
ACCOUNTING POLICIES - continued
Income
All income is recognised once the company has entitlement to the income, it is probable that the income will be
received, and the amount of income receivable can be measured reliably.
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11
For legacies, entitlement is taken as the earlier of the date on which either: the company is aware that probate
11
has been granted, the estate Iw been finalised and notification has been made by the executors to the Trust that
a distribution will be made, or when a distribution is received from the estste. Receipt of a legacy, in whole or in
part, is only considered probable when the amount can be measured reliably, and the company has been notified
of the executoes intention Éo make a distribution. Where legacies have been llotified to the company, ot the
company is aware of the granting of probate, and the criteria for income recognition have not been met, then the
11
legacy is treated as a contingent asset and disclosed if material.
Other income is recognised in the Ststement of Financial Activities once the clwity entidement to the fLmds,
11
it is probable that the income will be received, and the amount Gan be measured reliably.
Interest on fi]nds held on dq)osit is included when receivable and the amount can be measured reliably by the
company) this is noTmally upon notification of th¢ interest paid OT payable by the Bank,
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the
clwlty to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and
the amount of the obligation can be measured reliably. Expenditure is accounted for on an aCQn￿lS basi8 and has
been classified under headings that aggregate all Gost related to the category. Where costs cannot b¢ directly
attributed to particular headings, they have been allocated to activities on a basis Gonsistent with the use of
resources.
Tangible fjxed assets
Depr¢ciation is provided at the following annual rates in order to write off each asset over its estimated useful
life.
ImpTov¢ments to propety
Fixtures and fittings
5% oncost
- 250/0 on reducing balance
Debtors
Trade debtors are recognised at the settlement amount after any trade discount offered.
Cash and eash equivalents
Cash at bank and in band includes cash and short teiyti highly liquid investments with a short matiwity of three
months or less from the dafr of acquisition or opening of the deposit or similar account.
Liabilities and provisions
Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past evenL it is
probable that a transfer of economic benefit wi]1 b¢ required iti settlem¢nt, and the amount of the settlement can
be estimated reliably. Liabilities are recognised at the amount that the company anticipates it will pay to settle
the debt or the amount it has received as advanced payinents for the goods or services it must provide.
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Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of
the time value of money is material, the provision is based on the present value of those amounts, discounted at
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the pre-tax discount rate that reflects the risks specific to the liability. The unwinding of the discount is
re¢ognised within interest payable and similar charges.
Taxation
The charitable company is Considered to pass the tests set out in Paragraph I Schedule 6 of the FinanGc Act
2010 and thcTcfore it meets the defmition of a clwitable company for UK Co￿oTatiOn tax purposes.
11
Accordingly? the charitable company is potentially exempt from taxation in respect of income or capital gains
received within categori¢s covered by Chaptcr 3 Part I l of the Coryoration Tax Act 2010 or Section 256 of the
Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to
charitable purposes.
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eInd
tNe
ham Users Forum
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ACCOUNTING POLICIES - continued
Fund aceollnting
Unrestricted funds can be used in accordance with the clwitsble objectives at the discretion of the Trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity.
Restrictions arise when specified by th¢ donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fimd is included in the notes to the financial ststements.
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Operath)g Jeases
Rentals under opernting leases are charged to the Stat¢ment of financial activities on a straight-line basis over
the lease terni.
Financial instruments
Th¢ charitsble company only has financial assets and fmancial liabilities of a kind that qualify as basic financia]
instruments. Basic fmancial instruments are initially recognised at transaction value and subsequently measured
at their settlement value with the ¢xc¢ption of bank loan8 which are subsequently measured at amortised Gost
using the effective interest method.
Debt instruments (other than those wholly repayable or receivable within one year), including loans and other
accounts receivable and payable, are initially measured at present value of the future cash flows and
subsequently at amortised cost using the effective intsre8t method. Debt instnllnents that are payable or
receivable within one year, typically trade payable8 or receivables, are measured, initially and subsequently, at
the undiscounted amount of the cash or other consideration expected to be paid or received. However, if the
arrangements of a short-terni instrum¢nt ¢onstitutc a financing transaction, like the payment of a trade debt
deferred beyond nornial business ternis or financed at a rate of interest that is not a market rate or in case of an
out-right short-tsrni loan not at market rate, the financial asset or liability is Aneasured, initially, at the present
value of the fvtur¢ cash flow discounted at a market rate of interest for a similar debt instnunent and
subsequently at amortised cost.
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for
objective evidence of impainnent. If objective evidence of impairnient is found, an impairnient loss is
11
recognised in the profit and loss account.
For fmallcial assets me&sured at amortised cost, the impairment loss is measured as the difference between an
assets, carrying amount and the present value of estin￿ted cash flows discounted at the assets original effective
11
intsrest rate. If a financial asset has a variable interest rate, the discount rate for measuring any impairn]ent loss
is the current effective interest rate detern]ined under the contract.
For financial assets measured at cost less impainllenL the impairment loss is measured as the difference between
11
11
11
an asset's caffying amount and best estimat¢ of the recoverable amount, which is an approximation of the
amount that the company would receive for the asset if it were to be sold at the balance sheet date.
Financial assets and liabilities are offset and the net amount reported in the balance sheet when there is an
enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise
the asset and settle the liability simultaneously.
Page 12

TheIn
ent Newham Users Fo
l Health
-con
2024
JUDGE11￿￿T IN APPLYING ACCOUNTING POLICIES AND KEY SOURCES OF ESTIMATION
UNCERTAINTY
The preparation of the finattcial statements r¢quir¢s the dirextors to make judgements, estin]ates and
11
assumptions that can affect the amounts reported for assets and liabilities, and the results for the year. The
11
nature of estimation is such though that actual outcomes could differ significantly from those estimates.
11
11
The following are the company's key sources of estimation uncertainty:
11
Tangible fixed assets
The charity has recognised tangible fixed assets with a caTrying value of £4,274 at the reporting date (see note
I l). These assets are stated at their cost less provision for depreciation and impairnient. For material assets
such as land and buildings the charity determines at acquisition reliable estiti￿tes for the ll8efi￿ life of the asset,
its residual value and decommissioning costs. These estimates are b&sed upon such factors &8 the expected use
11
of the acquired &sset and market conditions. At subsequent reporting dates the trustees consider whether there
arc any factors such as technological advancements or Ghanges in market conditions that indicate a need to
reconsider the estimates used.
Where there are indicators that the carrying value of tangibl¢ assets may be impaired the charity undertakes tests
to determine the recoverable amount of assets. These tests require estimates of the fair value of assets less cost
to sell and of their valu¢ in use. Ivherever possible the estimats of the fair value of ass¢ts is based upon
observable market prices less incremental cost for disposing of the asset. The value iti use calculatiott is based
upon a discounted cash flow model, based upon the charlty's forecasts for the foreseeable future which do not
include any restructuring activities that the clwity 18 not yet committed to or significant future investments that
will enhance the asset's perforn]ance. The re¢overable amount is most sensitive to the discount rate used for the
discounted cash flow model as well expected future cash flows and the'growth rate ysed for extrapolation
purposes.
31.3.24
31.3.23
Photocopyusage
Miscellaneous room hire income
285
7,179
288
1013
11
7,464
1,301
31.3.24
31.3.23
Rents received
Income from room hire
59,991
40,857
134
66,920
37,453
75
11
Deposit account interest
100 982
104448
Page 13

The Inde
endent NLM,ham Us¢rs Forum
Mental Health
Notes to the FinanciaI Statements - continued
for the Year Ended 31 March 2024
RAISING FUNDS
31.J.24
31.3.23
Staff costs
Administrative expenses
Telephone
Property repaiTS & maintenance
Accountancy
Council Tax
Heat & light
Cleaning
Insurance
Fire Safety
63,490
718
1,254
792
3,482
2,377
3,906
3,023
1,084
673
59,340
211
1,053
861
15,040
1,574
15,939
2,022
4,367
828
[ li
PRS subscription
Waste Collection
Equipment rental
Expensed equipment
Bank st￿lce charge
Travel
Refreshments
Bad debt Provision
Volunteer expenses
Marketing
94
338
142
403
384
261
252
101
10
116
3,365
1,562
2,794
986
86,523
106,325
NET ITrICOMEI(EXPENDrruRE)
Net income/(expenditure) is stated after chargingl(crediting):
31.3.24
31.3.23
Depreciation- owned assets
Independent examination
2,155
1,310
37,935
2,400
TRUSTEES, REItrIUNERATION AfiD BENEFrrs
There were no trustees, remuneration or other benefits for the year ended 31 March 2024 nor for the year ended
31 March 2023.
Trustees, expenses
There vKre no trustees, expenses paid for the year ended 31 March 2024 nor foT the year ended 31 March 2023.
Page 14

The Ind
en
en
ntNe
11
otes
eFin
forthey En
ial
ements -
11
ntin
Ch 2024
STAFF COSTS
31.3.24
31.3.23
Wages and salaries
Other pension costs
89,744
1,024
87,449
1.152
90 768
88,601
The aTrErag¢ monthly number of employees d￿illg the year was as follows:
31.324
31.3.23
Admiillstrati
No employees receiTrEd ¢molum¢nts in cxcess of £60,000. ThG total compcnsationpaid to key management
pcrsomicl amounted to £29,690 (2023: £31,332). This includes contributions to a Workplace P¢nsion of £612
(2023:£677).
PENSION COST
The Clwity operates a defined contribution pension scheme. The &8sets of the scheme are held separately from
those of the Charity in an Ind¢￿ntlY admiillSt¢r¢d fun(L The pension cost represents contributions payable by
the Charity to the fund and amount to £1,024 (2023: £1,152). Contributions totalling £228 (2023: £256) were
payable to the fund at the balance sheet date.
10. COMPARAIIVES FOR THE STATEMENT OF FINANCL4L AClIVtTIES
Unrestricted
funds
R¢stricted
Total
ll¥COME AND ENDOWMETh FROM
Donations and legacies
Charitable aetivities
Health and Education
Oth¢r trading activities
Investment income
6,412
20
6.432
1,325
740
1,325
1,301
104,448
561
104.448
Total
111,421
2,085
113,506
Raising funds
Charitable actlvities
Health and Education
Go￿rnanCe
106325
106,325
66.997
13,471
1.421
38,599
105,596
13,471
1,421
Total
188214
38,599
226,813
IYET INCOMEI(EXPENDTIIIRE)
Carried forward
76,793
76 793
36,514
36
14
113 307
113
07
Page 15

eInd
endent New
sers Fo
ontinued
for the Ye
Endd
10, COMPARATIVES FOR THE STATEMENT OF FllYANCIAL ACTIVffIES continued
Unrestricted
Restricted
funds
Total
fimds
$1
RECONCILIATION OF FUNDS
Brought forward
Total funds brought forward
(76.793)
79,268
(36.514)
38.599
(113,307)
117.867
TOTAL FUNDS CARRIED FORWARD
2475
2 085 a60
11. TANGIBLE FIXED ASSEYS
IMpr0￿mentS
to property
Fixtures and
fittings
Totsls
COST
As at I Pwil 2023
786,605
84,656
871261
as at 31 March 2024
786 605
84 656
871261
DEPRECIATION
A8 at l April 2023
Cbarge for the Year
As at 31 March 2024
784,520
1,041
785 561
80,312
864,832
1114
2155
866 987
81426 ￿87
NET BOOKVALUE
As at 31 March 2024
As at 31 March2023
2085
4344
6,429
12. DEBTORS: AMOIINIS FALLING DUE WTTlltN ONE YEAR
31.3.24
31.323
Trade debtors
Other debtors
18368
309
18 677
14,775
309
15.084
31.3.24
31.3.23
Bank loan
Rent deposit
Other Creditors
Tax and social security
Workplace Pension Contribution
A¢¢n￿d expenses
9,139
10,423
1.377
1,078
228
4,070
10,457
10,423
520
256
1.800
26,315
23 456
Page 16

enden
11
cial Ststem
IM h2024
31.3.24
31.3.23
Bank loan
18
23 527
The ch￿lty received a Coronavir￿8 Bounce Back Loan totalling £50,000 from Th¢ Co-operative Bank in
2020. Repayments commenced from August 2021, with interest accruing at a fixedrate of 2.5 % per annum.
15. LE4s￿IG AGREEMETrIIS
Minimum lease payments ullder non-callcellable operating Icases fall (lue as foll0v￿.
31.3.24
31.3.23
Within one y¢ar
B¢tHcen one and fiic years
945
1890
945
2834
16. MOlThfENfIN FUTrIDS
At 1.4.23
Net movement
in fimds
At 31.3.24
Unrestrieted fi]nds
General fund
Restrleted fimds
IMpr0￿MentS to Building
Mentsl Health Sw)port F￿]d
2.475
(15,883)
(13.408)
2,085
(1,041)
1,044
TOTAL FUTr4DS
4.560
16.924
12 364
Net movement in funth, included in the abo￿ are as follows:
Incoming
tesources
Resources
exFnded
Movement
in fun&
Unrestrieted funds
Gcneral fimd
110,755
(126,638)
(15,883)
Restricted fi￿dS
Jmprovements to Building
Mental Health SUp￿rt Fund
(1.041)
17 778
18,819
(1,041)
17.778
17.778
1041
TOTAL FUNDS
128,533
(145,457)
(16,924)
Page 17

The Ind
e Finan
f rtheYearEn
Ista
ments - continu
h2
16.
MOVEM￿ IN FufqD&continued
Comparatiirs for movement in funds
11
At 1.4.22
Net
movement
At31.3.23
Ji
i•
Unrestrxeted fimds
General fund
Restrlcted funds
ImproVen￿nts to Building
Mental Health Sw)port Fund
79268
(76,793)
2,475
38.599
(36,514)
2,085
TOTAL FUIYDS
117867
113 307
4560
CompatatiVES net movcment in fiuKls. includcd in the above are as followB:
Incoming
Resources
resources
expended
M0￿Ment
11
Unrestrlcted funds
General fU￿d
Restricted fiwds
Improv¢ments to Building
Mental Health Swrt Fund
111.421
(188,214)
(76,793)
(36,514)
2,085
38,599
226 813
(36,514)
2,085
2,085
113506
36,514
113307
DTAL FUPIDS
Current year 12 months and prior year 12 months coMbi￿d position is as follows:
At 1.4.22
Nct
movcm¢nt
At 31.3.24
11
in funds as
restated
Unrestricted funds
G¢neral fund
Restricted fimds
Improvements to Building
Mental Health Support Fund
TOTAL FufrfDS
79.268
(204,097)
(124,829)
38.599
(37,555)
1,044
117867
241.652
123.785
Page 18

Thlnd
endent Ne
l Health
forth Y En
24
16. MOVEMEwf IN FufqD&contlnued
ent year 12 months and prior year 12 months combined net moTrement in funds, included in the aboTrE
11
Incoming
resources
Resources
expended
as restated
m0￿Mellt
11
as restated
reststed
Unrestricted funds
General fund
Restrlcted fi]nds
Jmprovements to Building
Mental Health Sw)y)rt Fund
110,755
(314,852)
(204,097)
(37.555)
19 863
(37,555)
19,863
19 863
130 618
57418
372270
37555
241,652
TOTAL FUF4DS
IMpr0￿mentS to Building relate to costs incurred in renovating the building from 2002 and are b¢itig
amortised over 20 years at £39,331 pcr year.
Mental Health Support Fund realted to ￿antS iknich have been obatined to sw)port the charitsgs work to
sw)port its memkrs. This canbe in the forni of AdK)cacy. health andwell-being activities and Art therapy.
17. REL4TED PARTYDISCLOSURES
There were no otsr relatedpaty transactions for the year ended 31 March 2024 or 31 March 2023.
Page 19

sers ForLmi
Detsiled Statement of Financial Activities
for the Year Ended 31 March 2024
31.3.24
31.3.23
Donatlons and legacles
Donations
Book sale
3.036
13
3.049
5,878
554
6,432
Other trading activities
Photocopy usage
Miscellaneous room hire income
285
7,179
7,464
288
1013
ijoi
11
Il
Investment income
Rents recei￿d
Incom¢ from room hire
De￿sIt accoullt interest
59991
40,857
134
100.982
66,920
37.453
75
104,448
Charitable activities
17038
1325
Total incomlng resources
128,533
113.506
Ralslng donations and legacles
Wages
Pensions
Telephone
Printing, postage & ststionary
AccouDtaDcy
6.550
103
7.076
119
370
7,565
6.654
Other trading activities
Wages
Office sw)plies
Printing and reproduction
214
214
53
53
Investment management costs
Wagcs
PensiotL8
Carried forward
56.264
573
56.837
51,501
644
52,145
This page does not forn] part of the statutory flnancial statements
Page 20

Detailed Statement of Financial Activities
for the Year Ended 31 March 2024
31.3.24
31.3.23
tnvestment management costs
Brought forward
Adm1xllstrati￿ cxpenses
Telep1￿lle
Property repairs & maitit¢nan¢e
Accountancy
Council Tax
Heat & light
Cleaning
Insurance
Fire Safety
PRS subscription
Waste Collection
Equipment r¢ntal
E￿￿nSed equipment
Bank service charge
Tra￿1
Refreshmcnts
Bad debt Provision
Volwrt¢er expenses
Consulting
56,837
504
1253
792
3.482
2,377
3,906
3,023
1,084
673
94
338
142
52,145
158
1,053
861
14,670
1,574
15,939
2,022
4J67
828
403
384
261
252
101
10
116
3,365
1,562
2,794
986
98,707
79.655
Charitable activitles
Wage8
Pensions
Gifts and donations
Insurance
Telephone
Refreshments
Room hir¢
Incal Council Rates
Heat & light
Office costs
Equipment rcntal
Staff travel and subsistence
Waste collection
Postage and delI￿ry
Carried forward
26,930
348
28,872
390
776
821
655
5,098
1,063
484
944
9.367
520
1,574
15,939
484
980
286
384
43
55,597
818
33
337
10
41.559
This page does not forni part of the ststutory financial statements
Page 21

Detailed Ststement of Financial Activities
for the Year Ended 31 March 2024
31.3.24
31.3.23
Charltlable activities
Brought forward
Beneficiary equipment
Beneficiary expenses
Accountancy
Cleaning and security
Dues and subscription
Bank seThice charg¢
Volunteer expenses
Loan interest
Marketing
Depreciation of tangible fixed assets
41.559
55,597
40
665
10.632
112
924.67
4321
2J90
417
26
4653
531
150
36 514
1.041 ￿14
55,090
105,596
120
991
Other
Depr¢ciation of tangible fixed assets
1.114
1.114
1421
1,421
Support costs
Governance costs
Independent examination
Accountancy fees
E￿ripment Rental
Refreshments
ijio
1,384
36
2,400
11,002
65
2,730
13,471
Total resowces expended
145.457
226,813
Net expendlture
16 924
113,307
This page does not forni part of the statutory f]nanGial ststements
Page 22