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2021-04-05-accounts

Company number: 4373019 Charity number: 1091156

Centre for Mental Health Report and Financial Statements 5 April 2021

Centre for Mental Health

Reference and administrative details

For the year ended 5 April 2021

Company number 4373019
Charity number 1091156
Registered office Office 2D21, South Bank Technopark
and operational London
address SE1 6LB
Trustees Trustees, who are also directors under company law, who served during the year and
up to the date of this report were as follows:
Professor Dame Susan Bailey Chair
Mr Richard Andrew Fass Treasurer Retired 21 January 2021
Rt. Hon Lord Bradley of Withington
Sir Andrew Dillon
Lady Edwina Grosvenor
Mr Michael Morley
Mr Andre Tomlin
Professor Kamaldeep Singh Bhui
Poppy Jaman Appointed 22 July 2020
Christopher Paul Chapman Treasurer Appointed 28 January 2021
Key management Ms Sarah Hughes BA MA DipSW Chief Executive
Personnel Mr Andrew Bell BA MA Deputy Chief Executive
Ms Jan Hutchinson MSc MA DipSW Director of Programmes
Ms Agnieszka Dajczer MAcc Financial Controller
Bankers National Westminster Bank
20 Dean Street
London
W1A 1SX
Solicitors Russell Cooke
8 Bedford Row
London
WC1R 4BX
Auditors Sayer Vincent LLP
Chartered Accountants and Registered Auditors
Invicta House
108-114 Golden Lane
London EC1Y 0TL

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Centre for Mental Health

Report of the trustees

For the year ended 5 April 2021

The trustees present their report and the audited financial statements for the year ended 5 April 2021.

Reference and administrative information set out on page 1 forms part of this report. The financial statements comply with current statutory requirements, the memorandum and articles of association and the Statement of Recommended Practice - Accounting and Reporting by Charities (FRS102, 2015).

Structure, governance & management

The organisation is a charitable company limited by guarantee, incorporated on 13 February 2002 and registered as a charity on 1 March 1985.

The company was established under a memorandum of association which established the objects and powers of the charitable company and is governed under its articles of association. These objects and powers are now included within the articles of association.

All trustees give their time voluntarily and receive no benefits from the charity. There were no trustee expenses reclaimed from the charity.

Centre for Mental Health is run by a Board of Trustees who are the Directors and Members of the charitable company; their details are set out above. Trustees concern themselves with matters of a strategic nature, deciding broad policy and ensuring good governance and compliance. Trustees meet regularly, both in plenary or in Committee groups to oversee the affairs of the Centre. Trustees are recruited for their expertise and experience in mental health, in charity governance, in fundraising and in financial management as well as their commitment to and enthusiasm for the Centre’s aims and objectives.

The Nominations Committee oversees the recruitment, induction and training of all trustees. All trustees participate in external and internal training opportunities covering developments in mental health as well as charity governance and trustee responsibilities.

The Finance and Audit Committee has a special responsibility for issues of financial control, human resources, governance and risk management.

Remuneration Committee decides on staff reward including salaries. Periodically the salaries are benchmark against market conditions for similar posts. Each year consideration is given to changes in job roles, staff performance and cost of living increases, any awarded increases are subject to affordability.

Trustees delegate day to day management to the Executive team lead by the Chief Executive. Trustees are advised of the terms of reference for executive committees and processes for operational management.

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Centre for Mental Health

Report of the trustees

For the year ended 5 April 2021

Objectives and activities

Centre for Mental Health is a charity with over 30 years’ experience in providing life changing research, economic analysis and policy influence in mental health. Over the last decade, our work has expanded to include physical health, wellbeing, inequality and multiple disadvantages across the life course. We are international thought leaders contributing to innovation and ground breaking health and social change. By disentangling complex experiences and finding big ideas that can be shared, we have developed a reputation as the people who make sense and can provide evidence that helps and makes a difference in real time and in real life.

Purpose

To understand Mental Illness, to promote Mental Health and Wellbeing, and to challenge Inequality and Disadvantage throughout the life course.

Way

Impact

We will cease to exist when Equality for Mental Health is no longer considered out of our reach and that people receive the best understanding and intervention wherever they live, whenever they need it and without shame.

Beliefs

Achievements and performance in the delivery of public benefit

The charity's main activities and who it tries to help are described in detail below. All its charitable activities focus on the advancement of learning in the science and practice of mental health care, and are undertaken to further Centre for Mental Health’s charitable purposes for the public benefit.

4

Centre for Mental Health

Report of the trustees

For the year ended 5 April 2021

The trustees have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing the charity's aims and objectives and in planning its future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives that have been set.

Fundraising

Centre for Mental Health welcomes voluntary donations but does not engage in direct public fundraising and does not use professional fundraisers or commercial participators. Centre for Mental Health nevertheless observes and complies with the relevant fundraising regulations and codes. During the year there was no non-compliance of these regulations and codes and Centre for Mental Health received no complaints relating to its fundraising practice. Most of our income derives from contracts and grants. We are nonetheless registered with the fundraising regulator and follow their guidance when evaluating potential approaches to grant giving bodies.

Achievement of our objectives for 2020/21

The Centre’s work this year has been at the heart of the mental health response to the Covid-19 pandemic while also retaining a focus on the longer term issues that we face.

To support mental health and reduce inequalities during Covid-19

The Covid-19 pandemic is a national and international emergency that has profound and far-reaching implications for mental health, both immediately and longer term. Centre for Mental Health has been at the heart of efforts to understand what Covid-19 means for our mental health and to bring evidence to bear on policy and practice.

We published a series of forecasts of the mental health impacts of Covid-19 in the UK: in May, July and October 2020. These papers sifted through relevant research and evidence from numerous sources to make sense of the emerging situation and to help the Government, the NHS and local authorities to plan ahead. They have helped to set the agenda by identifying the nature and scale of the mental health impacts of the pandemic. And by providing a demand modelling toolkit we have enabled national and local planning bodies to predict additional need for mental health support.

The Centre also carried out research on inequalities in mental health during the pandemic, on the impact of the pandemic on maternal mental health (with the Maternal Mental Health Alliance), on the experiences of young Black men (with the Shifting the Dial partnership), and on the role of the voluntary and community sector (with the NHS Confederation and the Association of Mental Health Providers).

We have provided practical tools for local councils, workplaces and community groups to provide them with the necessary information to support people experiencing mental health difficulties as a result of the pandemic. For example, we worked with the City Mental Health Alliance to produce a briefing for employers on managing trauma relating to Covid-19.

We have also provided a platform for people to share their experiences of the crisis through a major initiative to collect and publish stories about Covid-19 and mental health, A Year in Our Lives .

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Centre for Mental Health

Report of the trustees

For the year ended 5 April 2021

To support more people with mental health difficulties into employment

We have continued to support the nationwide expansion of Individual Placement and Support (IPS) employment teams in mental health services this year. Our training programme provides vital learning for employment specialists to enable them to offer the best possible support to people using mental health services who want help to find or keep paid work. We adapted our training programme from face-to-face to remote digital learning.

To tackle inequalities in mental health

We concluded the vital work of the Commission for Equality in Mental Health in developing a ‘system designed for equality’ this year. The Commission, chaired by Liz Sayce, published its final report in November 2020. The report, Mental health for all?, sets out a practical agenda for change in both national and local systems to make mental health equality a reality.

We continued to evaluate and support the ground-breaking Shifting the Dial project in Birmingham, working alongside young Black men in the city to boost wellbeing and resilience. The project adapted to the year’s lockdowns, working in challenging circumstances to continue supporting young men and seeking to address the wider issues they face. As a result of this we published a briefing paper exploring the disproportionate impact of the pandemic on young Black men’s mental health.

To improve the physical health of people living with a mental illness

Equally Well UK, our collaborative to ensure people with mental health difficulties get the right help for their physical health, has been at the heart of the national response to the Covid-19 pandemic for people living with severe mental illness. We produced and updated a guide to help people with mental health conditions to maintain their physical health during the two major national lockdowns in England.

Working with NHS England, Equally Well UK have supported a major programme of work during the winter to reach out to people with a mental illness to secure access to annual health checks with their GP and flu vaccinations for those who are eligible. This was extended to ensure people with a mental illness got fair access to the Covid-19 vaccination programme when they became eligible in February 2021 as part of priority group six. We published a guide for people living with severe mental illness and their carers on what to expect when they are called to receive their vaccination.

To ensure more people get effective and timely support for their mental health

We have focused this year on improving mental health support in primary care, using evidence from innovative services across the country to demonstrate how to meet people’s needs close to home. This includes major new reports with the British Psychological Society and with The King’s Fund. Following evidence we published, NHS England set out plans to give Primary Care Networks access to additional funding

6

Centre for Mental Health

Report of the trustees

For the year ended 5 April 2021

for mental health practitioners who can work with general practices to meet people’s needs. Our work also made the case for GPs to be funded to have an extra appointment with women who have recently given birth to enquire about their mental and physical health.

Our work has explored the need for mental health support among people living with long-term physical illnesses. In May, we published a joint paper with Kidney Research UK about the mental health support needs of people living with chronic kidney disease. And we have been working with National Voices to undertake further research with people living with a wide range of long-term conditions.

We reviewed mental health support in both prison and youth custody this year. Working with NHS England, we carried out a consultation exercise on mental health in prisons and we explored the mental health needs of girls in the young people’s secure estate. Both projects have contributed to national plans to improve access to mental health support for people in custody.

We also explored the role and potential benefits of peer support in mental health care. We published a series of briefings with Health Education England focusing on peer support within LGBTQ+ communities, among young people, for older adults and for autistic people and those with learning difficulties.

To improve children and young people’s mental health

We continue to host the Children and Young People’s Mental Health Coalition, chaired by Sir Norman Lamb. The Coalition this year published a major review of the state of children and young people’s mental health in England and brought together organisations responding to the mental health needs of children and young people during Covid-19 to ensure that these were heard by policymakers.

The Centre has been working with Children in Need and with Comic Relief to support and evaluate projects they have been running to support wellbeing and resilience among children and young people. With support from Children in Need, we also reviewed the evidence about the specific mental health challenges faced by children and young people living in rural and coastal areas of the UK.

To make the case for change in policies and practices affecting people’s mental health

This year, the focus of national mental health policy has inevitably been on the impact of the pandemic. Working with our partners, we made the case from the outset for additional investment in mental health support, and just as importantly for policies that could help to prevent or mitigate mental health harms resulting from Covid-19. This has helped to unlock additional funding for both NHS and voluntary sector mental health support, and for a cross-government Recovery Action Plan on mental health in the aftermath of the pandemic.

Our work this year has also focused on the essential role of local councils in supporting wellbeing and mental health. In July, we published a review of innovative approaches led by local authorities in England to promote positive mental health and prevent mental illness. Produced with the Local Government Association, the report identifies ways that local councils can bring about change in their communities, often at low cost with limited resources.

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Centre for Mental Health

Report of the trustees

For the year ended 5 April 2021

The impact of Covid-19 and other external factors on achieving our objectives

The Covid-19 pandemic, and the measures taken in response to it in the UK, affected some of the Centre’s work in early 2020. We sought to ensure the safety and wellbeing of our staff, volunteers and others we work with during this time through a number of measures. While we were able to complete all of our work for the year on time, we had to postpone face-to-face events from 12 March 2020 onwards and establish home working for all staff from 17 March. Many of the face-to-face activities we planned were moved safely and successfully online. As a result of these steps, we were able to sustain our essential work and achieve our objectives for the year while keeping people safe and well.

The trustees have considered the impact of the pandemic and other major national and international events on the Centre’s work and sustainability. The Centre has demonstrated that it can adapt to the pandemic, both in terms of its work programme and its ways of working. We will continue to review the longer term impact on the charity, for example on our need for accommodation and information technology, and on the impact of a deep or prolonged recession on income generation. The impact of the UK leaving the EU on the Centre’s work is less clear so far: it may in future affect the charity’s regulatory environment and the recruitment and retention of staff. The trustees will continue to monitor these and any other emergent risks to the organisation and take proportionate steps to mitigate any risks.

Financial Review

Unrestricted income for the year amounted to £835,539 (209/20 – £1,165,071) whilst unrestricted expenditure amounted to £1,055,005 (2019/20 - £958,614). This resulted with a deficit and decrease in unrestricted funds for the year with amount of £219,466 (2019/20 surplus £206,458), as shown on the Statement of Financial Activities.

Activity within restricted funds has given a deficit in the year of £64,562 due to refund of unused restricted funds in amount of £67,340 to the funder for the project which came to an end with end of March 2020.

Total consolidated funds carried forward as of 5 April 2021 are £880,899 (2019/20: £1,164,927).

Reserves Policy

Reserves are required to:

Trustees are required to set an appropriate minimum level of reserves, and in doing so take into account these reasons for holding reserves, as well as current and future financial needs.

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Centre for Mental Health

Report of the trustees

For the year ended 5 April 2021

The trustees have decided to set minimum reserves set as:

As at 5 April 2021, that will require minimum free reserves of £600,000 to be held (2020: £600,000).

Group free reserves held at 5 April 2021 amounted to £770,802 being group net assets of £880,899, less restricted funds of £110,097.

The Trustees consider that the level of reserves held is within an appropriate margin of the minimum level as set, given the need to be able to respond to fundraising opportunities, and that the going concern basis remains appropriate for the preparation of the group’s accounts. This policy is reviewed as necessary by Trustees and at least once a year as part of the annual reporting process.

Trading subsidiary

Centre for Mental Health Training Ltd is a wholly-owned subsidiary of Centre for Mental Health that carries out programme-related trading activity on behalf of the parent charity. During 2020/21 sales income was derived from several sources including IPS training courses and consultancy services limited by Covid-19 pandemic. The subsidiary made a loss of £12,946 (2019/20: profit £49,547). The profit for 2019/20 has been donated via Gift Aid to the charitable parent. Further details are given in Note 11 to the financial statements.

Risk Management

The Trustees are responsible for the management of the risks faced by the charity. Detailed considerations of risk are delegated to the Finance and Audit Committee, which is assisted by senior charity staff and external experts. Risks are identified, assessed and controls established throughout the year. A formal review of the charity’s risk management processes is undertaken on a regular basis.

The key risks faced by the charity include:

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Centre for Mental Health

Report of the trustees

For the year ended 5 April 2021

uncertainties about going concern due to the relatively high percentage of budgeted income that has already been committed for the financial year ending 5 April 2022 and that, should further budgeted income not be secured, robust plans are in place to make any necessary reductions in expenditure to maintain going concern status.

The key controls used by the charity include:

The Centre has a business continuity action plan which Trustees reviewed in March 2021 to ensure we can continue to carry out our work and meet our obligations during the pandemic. The action plan enables all staff to work from home (with necessary equipment and adaptations) and that all our business processes can continue while staff, trustees and other stakeholders are all working remotely.

Through the risk management processes established by the charity, the Trustees are satisfied that the major risks identified have been adequately managed where necessary. It is recognised that systems can only provide reasonable but not absolute assurance that major risks have been adequately managed.

Objectives and activities planned for 2021/22

We have produced a new five-year strategy setting out the Centre’s major aims and objectives from 2021.

The strategy identifies five high level goals for the charity:

  1. To secure a whole government strategy for mental health and neurodiversity including housing, welfare, health, business, justice and defence.

  2. To ensure that every child has a fair chance in life, and we see an increase in investment into early years support.

  3. That people with mental health difficulties and neurodiversity get quality and values-driven health and social care services including physical health, work, housing and other basic needs.

  4. That the government deal with the things we know make people ill, including poverty, racism, discrimination, exclusion, poor housing, punitive welfare systems, and systemic pressure.

  5. To work within the Criminal Justice System to develop the best evidence for prevention, safe and secure prisons and resettlement to ensure people entering into the pathway have their mental and physical health needs met.

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Centre for Mental Health

Report of the trustees

For the year ended 5 April 2021

To enable us to achieve these objectives, over the next year we will take steps including:

Statement of responsibilities of the trustees

The trustees (who are also directors of Centre for Mental Health for the purposes of company law) are responsible for preparing the trustees’ annual report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and group and of the incoming resources and application of resources, including the income and expenditure, of the charitable group for that period. In preparing these financial statements, the trustees are required to:

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Centre for Mental Health

Report of the trustees

For the year ended 5 April 2021

The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and group and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

In so far as the trustees are aware:

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Members of the charity guarantee to contribute an amount not exceeding £1 to the assets of the charity in the event of winding up. The total number of such guarantees at 5 April 2021 was 9 (2020: 8). The trustees are members of the charity but this entitles them only to voting rights. The trustees have no beneficial interest in the charity.

Auditors

Sayer Vincent LLP were re-appointed as the charitable company's auditors during the year and have expressed their willingness to continue in that capacity.

The report of the trustees has been prepared in accordance with the special provisions applicable to companies subject to the small companies' regime.

Approved by the trustees on 22 July 2021 and signed on their behalf by

Professor Sue Bailey Chairman

12

Independent auditor’s report

To the members of

Centre for Mental Health

Opinion

We have audited the financial statements of Centre for Mental Health (the ‘parent charitable company’) and its subsidiaries (the ‘group’) for the year ended 5 April 2021 which comprise the consolidated statement of financial activities, the group and parent charitable company balance sheets, the consolidated statement of cash flows and the notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the group financial statements section of our report. We are independent of the group and parent charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on Centre for Mental Health's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

13

Independent auditor’s report

To the members of

Centre for Mental Health

Other Information

The other information comprises the information included in the trustees’ annual report, other than the group financial statements and our auditor’s report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the group financial statements does not cover the other information, and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the group financial statements or our knowledge obtained in the course of the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the group financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the group and the parent charitable company and their environment obtained in the course of the audit, we have not identified material misstatements in the trustees’ annual report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 and Charities Act 2011 requires us to report to you if, in our opinion:

14

Independent auditor’s report

To the members of

Centre for Mental Health

Responsibilities of trustees

As explained more fully in the statement of trustees’ responsibilities set out in the trustees’ annual report, the trustees (who are also the directors of the parent charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the group’s and the parent charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the group or the parent charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the financial statements

We have been appointed auditor under the Companies Act 2006 and section 151 of the Charites Act 2011 and report in accordance with those Acts.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud are set out below.

Capability of the audit in detecting irregularities

In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, our procedures included the following:

15

Independent auditor’s report

To the members of

Centre for Mental Health

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of noncompliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.

Use of our report

This report is made solely to the charitable company's members as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006 and section 144 of the Charities Act 2011 and regulations made under section 154 of that Act. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other

16

Independent auditor’s report

To the members of

Centre for Mental Health

than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Judith Miller (Senior statutory auditor)

3 September 2021

for and on behalf of Sayer Vincent LLP, Statutory Auditor Invicta House, 108-114 Golden Lane, LONDON, EC1Y 0TL

Sayer Vincent LLP is eligible to act as auditor in terms of section 1212 of the Companies Act 2006

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Centre for Mental Health

Consolidated statement of financial activities (incorporating an income and expenditure account)

For the year ended 5 April 2021

Unrestricted
Note
£
Income from:
2
39,208
3
112,396
3
144,563
3
258,160
3
54,671
3
187,404
3
38,610
527
835,539
4
167,007
4
181,951
4
127,471
4
236,862
4
119,148
4
199,424
4
23,142
1,055,005
-
(219,466)
Reconciliation of funds:
990,268
770,802
Total income
Expenditure on:
Other Programmes
Donations and legacies
Charitable activities
Employment Support Programme
Adults Research
Children and Young People
Influencing Policy and Practice
Investments - Interest receivable
Economics
Net movement in funds
Charitable activities
Employment Support Programme
Adults Research
Children and Young People
Other programmes
Influencing Policy and Practice
Transfers between funds
Raising funds
Total expenditure
Net income / (expenditure) before
transfers between funds
5
(219,466)
Economics
Total funds brought forward
Total funds carried forward		 Unrestricted
Note
£
Income from:
2
39,208
3
112,396
3
144,563
3
258,160
3
54,671
3
187,404
3
38,610
527
835,539
4
167,007
4
181,951
4
127,471
4
236,862
4
119,148
4
199,424
4
23,142
1,055,005
-
(219,466)
Reconciliation of funds:
990,268
770,802
Total income
Expenditure on:
Other Programmes
Donations and legacies
Charitable activities
Employment Support Programme
Adults Research
Children and Young People
Influencing Policy and Practice
Investments - Interest receivable
Economics
Net movement in funds
Charitable activities
Employment Support Programme
Adults Research
Children and Young People
Other programmes
Influencing Policy and Practice
Transfers between funds
Raising funds
Total expenditure
Net income / (expenditure) before
transfers between funds
5
(219,466)
Economics
Total funds brought forward
Total funds carried forward		 Restricted
£
-
(67,340)
84,500
130,409
-
30,600
-
-		 2021
Total
£
39,208
45,056
229,063
388,569
54,671
218,004
38,610
527
1,013,708
167,007
181,951
218,088
332,038
119,148
256,362
23,142
1,297,736
-
(284,028)
1,164,927
880,899
(284,028)		 Unrestricted
£
17,969
233,105
327,208
275,628
122,158
133,352
53,332
2,319		 Restricted
£
-
361,213
48,000
152,605
9,842
20,476
3,684
-		 2020
Total
£
17,969
594,318
375,208
428,233
132,000
153,828
57,016
2,319
835,539 178,169 1,165,071 595,820 1,760,891
167,007
181,951
127,471
236,862
119,148
199,424
23,142		 -
-
90,617
95,176
-
56,938
-		 151,000
101,870
194,001
167,950
86,891
167,178
89,723		 -
393,368
41,883
118,238
9,842
40,555
8,409		 151,000
495,238
235,884
286,188
96,733
207,733
98,132
1,055,005 242,731 958,614 612,295 1,570,908
-
(219,466)
990,268
(219,466)		 -
(64,562)
174,659
(64,562)		 9,542
216,000
774,268
206,458		 (9,542)
(26,017)
200,676
(16,475)		 -
189,983
974,944
189,983
770,802 110,097 990,268 174,659 1,164,927

All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. Movements in funds are disclosed in Note 19 to the financial statements.

Further information on the restatement to the figures for the comparative figures is given in note 1 r) to the accounts.

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Centre for Mental Health

Company no. 4373019

Balance sheets

As at 5 April 2021

Note
Fixed assets:
10
Current assets:
13
Liabilities:
14
16
18
19
Total unrestricted funds
Total funds
Investments
Cash at bank and in hand
Unrestricted income funds:
Designated funds
General funds
Creditors: amounts falling due within one year
Net current assets
Total net assets
Creditors: amounts falling due after one year
Total assets less current liabilities
Debtors
Funds:
Restricted income funds		 2021
2020
£
£
-
-
-
-
187,926
248,649
1,156,763
1,274,382
1,344,689
1,523,031
463,790
311,534
880,899
1,211,497
880,899
1,211,497
-
46,570
880,899
1,164,927
110,097
174,659
-
390,268
770,802
600,000
770,802
990,268
880,899
1,164,927
The group		 2021
2020
£
£
-
-
-
-
187,926
248,649
1,156,763
1,274,382
1,344,689
1,523,031
463,790
311,534
880,899
1,211,497
880,899
1,211,497
-
46,570
880,899
1,164,927
110,097
174,659
-
390,268
770,802
600,000
770,802
990,268
880,899
1,164,927
The group		 2021
2020
£
£
1,000
1,000
1,000
1,000
183,785
314,571
937,500
1,019,763
1,121,285
1,334,334
228,444
173,384
892,841
1,160,950
893,841
1,161,950
-
46,570
893,841
1,115,380
110,097
174,659
12,942
340,721
770,802
600,000
783,744
940,721
893,841
1,115,380
The charity		 2021
2020
£
£
1,000
1,000
1,000
1,000
183,785
314,571
937,500
1,019,763
1,121,285
1,334,334
228,444
173,384
892,841
1,160,950
893,841
1,161,950
-
46,570
893,841
1,115,380
110,097
174,659
12,942
340,721
770,802
600,000
783,744
940,721
893,841
1,115,380
The charity
-
187,926
1,156,763		 -
248,649
1,274,382		 1,000
183,785
937,500		 1,000
314,571
1,019,763
1,344,689
463,790		 1,523,031
311,534		 1,121,285
228,444		 1,334,334
173,384
880,899 1,211,497 892,841 1,160,950
880,899
-		 1,211,497
46,570		 893,841
-		 1,161,950
46,570
880,899 1,164,927 893,841 1,115,380
110,097
-
770,802		 174,659
390,268
600,000		 110,097
12,942
770,802		 174,659
340,721
600,000
770,802 990,268 783,744 940,721
880,899 1,164,927 893,841 1,115,380

Approved by the trustees on 22 July 2021 and signed on their behalf by

Professor Dame Susan Bailey Chairman

19

Centre for Mental Health

Consolidated statement of cash flows

For the year ended 5 April 2021

2021
£
(118,146)
527
(117,619)
1,274,382
1,156,763
2021
£
Net expenditure for the reporting period
(284,028)
(as per the statement of financial activities)
Depreciation charges
-
Dividends, interest and rent from investments
(527)
Decrease in debtors
60,723
Increase in creditors
105,686
Net cash provided (used in) operating activities
(118,146)
Change in cash and cash equivalents in the year
Cash flows from operating activities
Net cash (used in) /provided by operating activities
Cash flows from investing activities:
Dividends, interest and rents from investments
Reconciliation of net income / (expenditure) to net cash flow from operating activities
Cash and cash equivalents at the beginning of the
year
Cash and cash equivalents at the end of the year		 2021
£
(118,146)
527
(117,619)
1,274,382		 2020
£
266,796
2,319
269,115
1,005,267
1,156,763 1,274,382
2020
£
189,983
-
(2,319)
61,720
17,412
(118,146) 266,796

20

Centre for Mental Health

Notes to the financial statements

For the year ended 5 April 2021

1 Accounting policies

a) Statutory information

Centre for Mental Health is a charitable company limited by guarantee and is incorporated in England & Wales. The registered office address is Technopark, Unit 2d21, 90 London Road, London, England, SE1 6LN.

b) Basis of preparation

The financial statements have been prepared in accordance 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) (effective 1 January 2019) - (Charities SORP FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy or note.

These financial statements consolidate the results of the charitable company and its wholly-owned subsidiary Centre for Mental Health Training Limited on a line by line basis. Transactions and balances between the charitable company and its subsidiary have been eliminated from the consolidated financial statements. Balances between the two companies are disclosed in the notes of the charitable company's balance sheet. A separate statement of financial activities, or income and expenditure account, for the charitable company itself is not presented because the charitable company has taken advantage of the exemptions afforded by section 408 of the Companies Act 2006.

The charitable company meets the definition of a public benefit entity under FRS 102.

d) Going concern

The trustees consider that there are no material uncertainties about the charitable company's ability to continue as a going concern.

In order to arrive at this conclusion, the management and trustees have considered the financial and operating outlook of the charitable company using different levels of uncertainty over significant levels of unsecured income. Based on this assessment they have concluded that even in a worst-case scenario, with appropriate management actions identified should they be needed, the ability of the charitable company to continue operating will not be impacted during the year ahead.

The management and trustees will continue to review cash flow projections on a regular basis during this period and will implement appropriate actions, should they be needed, if cash flow balances were to fall below agreed trigger points.

The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period.

21

Centre for Mental Health

Notes to the financial statements

For the year ended 5 April 2021

Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

For legacies, entitlement is taken as the earlier of the date on which either: the charity is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to the charity that a distribution will be made, or when a distribution is received from the estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably and the charity has been notified of the executor’s intention to make a distribution. Where legacies have been notified to the charity, or the charity is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is a treated as a contingent asset and disclosed if material.

Income received in advance of the provision of a specified service is deferred until the criteria for income recognition are met.

Donated professional services and donated facilities are recognised as income when the charity has control over the item or received the service, any conditions associated with the donation have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), volunteer time is not recognised so refer to the trustees’ annual report for more information about their contribution.

On receipt, donated gifts, professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.

Unrestricted funds are donations and other incoming resources received or generated for the charitable purposes.

Designated funds are unrestricted funds earmarked by the trustees for particular purposes.

i) Expenditure and irrecoverable VAT

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

22

Centre for Mental Health

Notes to the financial statements

For the year ended 5 April 2021

1 Accounting policies (continued)

j) Allocation of support costs

Resources expended are allocated to the particular activity where the cost relates directly to that activity. However, the cost of overall direction and administration of each activity, comprising the salary and overhead costs of the central function, is apportioned on the following basis which are an estimate, based on staff time, of the amount attributable to each activity.

Where such information about the aims, objectives and projects of the charity is also provided to potential donors, activity costs are apportioned between fundraising and charitable activities on the basis of area of literature occupied by each activity.

Employment Support 15%
Adults Research incl. Prisons and Criminal Justice 18%
Children and Young People 19%
Economics 11%
Influencing policy and practice 20%
Other 2%
Costs of raising funds 15%

k) Operating leases

Rental charges are charged on a straight line basis over the term of the lease.

l) Investments in subsidiary

Investments in the subsidiary are at cost.

m) Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

n) Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.

o) Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

p) Pensions

The charity participates in two defined benefit pension schemes, both of which were contracted out of the State Second Pension (S2P) until 31 March 2016. Assets for both schemes are held in separate, trustee-administered funds. Because of the mutual nature of the schemes, the charity is unable to identify and measure its own share of assets and liabilities, and so expenditure related to the pensions is treated as if these were defined contributions schemes. The charity has recognised its committed liability for past service deficits for the USS scheme and these are noted as a liability. Only three employees were active members of the schemes during the year (2 for the USS scheme and 1 for the NHS scheme), and all other employees were eligible to join the company's stakeholder pension scheme. The charity's staging date for pensions auto-enrolment was 1 April 2016, and any relevant staff not previously participating in a pension scheme were auto-enrolled at that date.

23

Centre for Mental Health

Notes to the financial statements

For the year ended 5 April 2021

2 Income from donations and legacies

Unrestricted
£
39,208
39,208
Unrestricted
£
-
-
90,505
21,891
112,396
-
-
85,989
7,588
34,904
11,857
-
-
-
-
-
-
2,875
1,350
144,563
Income from charitable activities
Henry Smith Charity
City Bridge Trust
IPS training income
Other income - Employment
Support Programme
Mental Health UK
Comic Relief
MHFA
Donations
Health Education England
GMCA
NHS West London CCG
CLWS West London CCG
NSCHT - North Staffordshire
St. Giles Trust
NHS England
MIND Harringey
Other income
Oxford Health NHS FT
Sub-total for Employment
Support Programme
Sub-total for Adults
Rethink Mental Health		 Unrestricted
£
39,208		 Restricted
£
-		 2021
Total
£
39,208
39,208
2021
Total
£
-
(67,340)
90,505
21,891
45,056
48,000
36,500
85,989
7,588
34,904
11,857
-
-
-
-
-
-
2,875
1,350
229,063		 Unrestricted
£
17,969
17,969
Unrestricted
£
-
-
206,825
26,280
233,105
-
-
114,420
-
-
62,356
45,444
14,898
17,309
21,636
19,740
19,078
9,200
3,127
327,207		 Restricted
£
-
-
£
(9,087)
370,300
-
-
361,213
48,000
-
-
-
-
-
-
-
-
-
-
-
-
-
48,000
Restricted		 2020
Total
£
17,969
39,208 - 17,969
£
-
(67,340)
-
-
Restricted		 2020
Total
£
(9,087)
370,300
206,825
26,280
112,396
-
-
85,989
7,588
34,904
11,857
-
-
-
-
-
-
2,875
1,350		 (67,340)
48,000
36,500
-
-
-
-
-
-
-
-
-
-
-
-		 594,318
48,000
-
114,420
-
-
62,356
45,444
14,898
17,309
21,636
19,740
19,078
9,200
3,127
144,563 84,500 375,208

24

Centre for Mental Health

Notes to the financial statements

For the year ended 5 April 2021

3 Income from charitable activities (continued)

NHS England
The Prudence Trust
University of Glasgow
Emergings Minds
Health Education England
Centre 33
Other income - Children and
Young People
Sub-total for Children and
Young People
UCL
Student Minds
MIND
University of Reading
Place2Be
LGA Improvement &
Development Agency
BBC Children in Needs
University of Oxford
CYPMHC- various founders
Big Lottery Found
Bradford Districts CCG
The Independent Monitoring
Board
Comic Relief
The Youth Endowment Fund		 2,100
-
-
43,451
7,500
-
3,750
3,900
9,037
12,750
31,910
98,412
6,700
-
11,792
-
11,200
-
-
15,325
333		 -
74,534
54,575
-
-
1,300
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 2,100
74,534
54,575
43,451
7,500
1,300
3,750
3,900
9,037
12,750
31,910
98,412
6,700
-
11,792
-
11,200
-
-
15,325
333
388,569		 -
-
-
60,646
34,167
-
-
-
8,333
-
-
88,874
-
10,000
5,896
12,650
9,500
30,404
11,667
-
3,492
275,628		 -
107,806
44,799
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
152,605		 -
107,806
44,799
60,646
34,167
-
-
-
8,333
-
-
88,874
-
10,000
5,896
12,650
9,500
30,404
11,667
-
3,492
258,160 130,409 428,233

25

Centre for Mental Health

Notes to the financial statements

For the year ended 5 April 2021

3 Income from charitable activities (continued)

Various
Rushcliffe CCG
Sub-total for Influencing
policy and practice
Sub-total for Economics
Oxford Health NHS FT
Royal College of Psychiatrists
Kingston University
British Embassy Bankok
Hertfordshire County Council
Surrey County Council
Sub-total for Other
Greater London Authority
Forces in Mind Trust
West London NHS FT
CRH Charitable Trust
Health Education England
Lankelly Chase
PETALS
Total income from charitable
NIHR
JRS Gov.uk
Other income
NHS England
Penine NHS FT
Zurich Community Trust
Barnet, Enfield and Haringey
Mental Health NHS FT
XenZone
MMHA
LGA Improvement &
NHS England
NHS Confederation
Homeless Link
ACEVO
AMHP
National Voices
PHE
Royal College of Nursing
UCL
Maudsley Charity
NHS Confederation		 Unrestricted
-
-
-
9,750
-
28,998
-
24,168
-
4,650
-
2,800
1,000
4,500
10,229
6,617
13,868
12,750
-
61,524
-
4,050
-
2,500
-		 20,600
-
-
-
10,000
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Restricted		 2021
Total
20,600
-
-
9,750
10,000
28,998
-
24,168
-
4,650
-
2,800
1,000
4,500
10,229
6,617
13,868
12,750
-
61,524
-
4,050
-
2,500
-
218,004
35,850
-
-
-
3,500
5,521
9,800
54,671
23,940
-
6,287
8,383
38,610
973,973		 Unrestricted
-
31,400
42,250
-
-
-
8,000
-
5,000
-
3,200
-
2,500
4,000
5,174
-
5,128
6,650
5,000
5,000
2,600
-
1,000
2,500
3,950
133,352
110,713
5,500
-
5,945
-
-
-
122,158
51,357
-
-
1,975
53,332
1,144,783		 -
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
20,476
-
-
-
-
-
-
-
-
20,476
-
-
9,842
-
-
-
-
9,842
-
3,684
-
-
3,684
595,820
Restricted		 2020
Total
-
31,400
42,250
-
-
-
8,000
-
5,000
-
3,200
-
2,500
4,000
5,174
-
25,604
6,650
5,000
5,000
2,600
-
1,000
2,500
3,950
187,404
35,850
-
-
-
3,500
5,521
9,800		 30,600
-
-
-
-
-
-
-		 153,828
110,713
5,500
9,842
5,945
-
-
-
54,671
23,940
-
6,287
8,383		 -
-
-
-
-		 132,000
51,357
3,684
-
1,975
38,610 - 57,016
795,804 178,169 1,740,603

26

Centre for Mental Health

Notes to the financial statements

For the year ended 5 April 2021

4a

Staff costs (Note 6)
Direct project costs
Travel and subsistence
Printing, postage and stationery
IT costs
Communication and events
Establishment costs
Legal, finance and other
Audit
Support and governance costs
Total expenditure 2021
Total expenditure 2020		 Cost of
raising
funds
£
127,628
1,890
-
-
835
-
682
-
-		 Charitable activities Charitable activities Charitable activities Influencing
Policy and
Practice
£
179,670
25,913
-
33
1,707
-
1,078
-
-
208,401
47,961
256,362
207,733		 Other
Programmes
£
15,729
2,617
-
-
-
-
-
-
-		 Support and
governance
costs
£
143,252
3,846
-
1,838
23,550
-
56,411
13
10,900		 2021 Total
£
992,856
200,950
-
1,954
30,324
-
60,739
13
10,900		 2020
Total
£
1,040,466
392,826
31,273
3,126
26,507
6,094
58,946
970
10,700
Employment
Support
Programme
£
124,004
21,672
-
-
-
-
303
-
-		 Adults
Research
incl. PCJ
£
150,339
22,662
-
32
1,297
-
592
-
-		 Children
and Young
People
£
159,995
121,820
-
51
2,935
-
1,673
-
-
286,474
45,564
332,038
286,188		 Economics
92,239
530
-
-
-
-
-
-
-
131,035
35,972		 145,979
35,972		 174,922
43,166		 92,769
26,379		 18,346
4,796		 239,810
(239,810)		 1,297,736
-		 1,570,908
-
167,007 181,951 218,088 119,148 23,142 - 1,297,736
151,000 495,238 235,884 96,733 98,132 - 1,570,908

Of the total expenditure £1,055,005 was unrestricted (2020: £958,614) and £242,731 was restricted (2020: £612,295).

27

Centre for Mental Health

Notes to the financial statements

For the year ended 5 April 2021

4b

Staff costs (Note 6)
Direct project costs
Travel and subsistence
Printing, postage and stationery
IT costs
Communication and events
Establishment costs
Legal, finance and other
Audit
Support and governance costs
Total expenditure 2020		 Cost of
raising
funds
£
109,024
3,905
296
-
-
-
1,198
-
-
114,423
36,577
151,000		 Charitable activities Charitable activities Charitable activities Influencing
Policy and
Practice
£
107,848
59,951
3,899
112
509
283
1,368
-
-
173,970
33,763
207,733		 Other
Programmes
£
69,844
3,710
1,306
-
637
-
126
-
-
75,623
22,509
98,132		 Support and
governance
costs
£
164,392
12,031
15,184
2,915
18,821
2,964
53,385
970
10,700
281,362
(281,362)
-		 2020 Total
£
1,040,466
392,826
31,273
3,126
26,507
6,094
58,946
970
10,700
Employment
Support
Programme
£
217,429
195,556
6,693
49
2,514
743
1,913
-
-
424,897
70,341
495,238		 Adults
Research
incl. PCJ
£
156,556
27,061
478
14
1,076
54
-
-
-
185,239
50,645
235,884		 Children
and Young
People
£
142,094
90,069
3,015
36
2,950
2,050
956
-
-
241,170
45,018
286,188		 Economics
73,279
543
402
-
-
-
-
-
-
74,224
22,509
96,733
1,570,908
-
1,570,908

Of the total expenditure £958,614 was unrestricted (2019: £813,534) and £612,295 was restricted (2019: £722,356).

28

Centre for Mental Health

Notes to the financial statements

For the year ended 5 April 2021

This is stated after charging:

This is stated after charging:
2021 2020
£ £
Operating lease rentals:
Other 1,607 1,607
Auditors' remuneration (excluding VAT):
Audit 10,900 10,700

Staff costs were as follows:

Staff costs were as follows:
Salaries and wages
Operating costs of defined benefit pension schemes
Social security costs
Employer’s contribution to defined contribution pension schemes		 2021
£
812,223
85,640
43,027
51,966		 2020
£
860,463
81,812
41,727
56,464
992,856 1,040,466

The following number of employees received employee benefits (excluding employer pension costs and employer's national insurance) during the year between:

2021 2020
No. No.
£60,000 - £69,999 2 2
£70,000 - £79,999 - 1
£80,000 - £89,999 1 1
£90,000 - £99,999 1 -

The total employee benefits (including pension contributions and employer's national insurance) of the key management personnel were £366,791 (2020: £358,634).

The charity trustees were not paid or received any other benefits from employment with the charity in the year (2020: £nil). No charity trustee received payment for professional or other services supplied to the charity (2020: £nil). No trustees' expenses were reimbursed during the financial year (£2020: £nil).

29

Centre for Mental Health

Notes to the financial statements

For the year ended 5 April 2021

7 Staff numbers

The average number of employees (head count based on number of staff employed) during the year was as follows: 20.9 (2020: 23.1)

Employment Support Programme
Raising funds
Support
Governance
Prisons and Criminal Justice Programme
Other programmes
Economics
Children and Young People
Influencing Policy and Practice		 2021
No.
2.0
2.0
2.2
3.7
4.0
2.0
-
4.0
1.0		 2020
No.
1.0
5.9
1.4
3.8
4.0
2.0
1.0
3.0
1.0
20.9 23.1

8 Related party transactions

There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties.

9 Taxation

The charity is exempt from corporation tax as all its income is charitable and is applied for charitable purposes. The charity's trading subsidiary Centre for Mental Health Training Limited gift aids available profits to the parent charity. Its charge to corporation tax in the year was:

2021 2020
£ £
UK corporation tax at 19% (2020: 19%) - -
Unlisted shares in UK registered companies
Investments comprise:		 2021
2020
£
£
-
-
-
-
The group		 2021
2020
£
£
-
-
-
-
The group		 2021
2020
£
£
1,000
1,000
1,000
1,000
The charity		 2021
2020
£
£
1,000
1,000
1,000
1,000
The charity
- - 1,000 1,000

The investments comprise the whole of the issued ordinary share capital of Centre for Mental Health Training Ltd and are shown at par.

30

Centre for Mental Health

Notes to the financial statements

For the year ended 5 April 2021

11 Subsidiary undertaking

The charitable company owns the whole of the issued ordinary share capital of Centre for Mental Health Training Limited, a company registered in England. The subsidiary is used solely for primary purpose trading activities. All activities have been consolidated on a line by line basis in the statement of financial activities. Available profits are gift aided to the charitable company. A summary of the results of the subsidiary is shown below:

Cost of sales
Turnover
Profit / (loss) on ordinary activities
Gross profit
Administrative expenses
Other operating income
Profit / (loss) for the financial year
Operating profit / (loss)
Interest receivable
The aggregate of the assets, liabilities and funds was:
Funds
Donation under gift aid to parent undertaking
Assets
Liabilities		 2021
£
391,985
(405,047)		 2020
£
540,063
(490,740)
(13,062)
-
-		 49,323
(402)
-
(13,062)
116		 48,921
626
(12,946)
(49,547)		 49,547
(89,135)
(62,493) (39,588)
337,924
(349,871)		 425,503
(374,956)
(11,947) 50,547

12 Parent charity

The parent charity's gross income and the results for the year are disclosed as follows:

Other debtors
Prepayments
Inter-company debtor
Debtors
Gross income
Result for the year
Fees and charges		 2021
2020
£
£
166,829
228,968
14,530
9,298
6,567
10,383
-
-
187,926
248,649
The group		 2021
2020
£
£
166,829
228,968
14,530
9,298
6,567
10,383
-
-
187,926
248,649
The group		 2021
£
965,098
(221,535)		 2020
£
1,629,938
230,197
187,926 248,649 183,785 314,571

13 Debtors

31

Centre for Mental Health

Notes to the financial statements

For the year ended 5 April 2021

14 Creditors: amounts falling due within one year

Creditors: amounts falling due within one year
Trade creditors
Taxation and social security
Accruals
Deferred income
VAT creditor		 2021
2020
£
£
59,067
40,849
29,729
23,886
87,932
101,426
37,096
35,611
249,966
109,762
463,790
311,534
The group		 2021
2020
£
£
52,367
22,285
29,729
23,886
51,985
73,025
32,096
19,405
62,267
34,783
228,444
173,384
The charity
463,790 311,534 228,444 173,384

15 Deferred income

Deferred income comprises income invoiced for training and consultancy services in advance.

Balance at the beginning of the year
Amount released to income in the year
Amount deferred in the year
Balance at the end of the year		 2021
2020
£
£
109,762
96,390
(202,151)
(340,836)
342,359
354,208
249,970
109,762
The group		 2021
2020
£
£
109,762
96,390
(202,151)
(340,836)
342,359
354,208
249,970
109,762
The group		 2021
2020
£
£
34,783
-
(43,683)
(75,228)
71,166
110,011
62,266
34,783
The charity		 2021
2020
£
£
34,783
-
(43,683)
(75,228)
71,166
110,011
62,266
34,783
The charity
249,970 109,762 62,266 34,783
Creditors: amounts falling due after one year
Accruals - pension obligations 2021
2020
£
£
-
46,570
-
46,570
The group		 2021
2020
£
£
-
46,570
-
46,570
The charity
- 46,570 - 46,570

32

Centre for Mental Health

Notes to the financial statements

For the year ended 5 April 2021

17 Pension scheme

Employees of Centre for Mental Health and its subsidiary who joined the organisation on 1 December 2009 or thereafter have access to a flexible contributory group personal pension scheme. Employer contributions to the scheme during the year amounted to £50,728 (2019/20 £55,207).

NHS Pension Scheme

One employee remained a member of the NHS Pension Scheme throughout the financial year.

Details of the benefits payable under these provisions can be found on the NHS Pensions website at www.pensions.nhsbsa.nhs.uk. The Scheme is an unfunded, defined benefit scheme that covers NHS employers, General Practitioners and other bodies, allowed under the direction of the Secretary of State, in England and Wales. As with the USS, the scheme is not designed to be run in a way that would enable the Centre to identify its share of the underlying Scheme assets and liabilities. Therefore, the Scheme is accounted for as if it were a defined contribution scheme and the amount of £8,726 (2019/20: £8,726) charged to the Statement of Financial Activities represents employers’ contributions payable to the scheme in respect of the accounting period. The rate of employer’s contributions during the year remained constant at 14.38 % of pensionable salaries. The rates for employees’ contributions have remained unchanged since last year at 9.60% of pensionable earnings.

A valuation of scheme liability is carried out annually by the scheme actuary (currently the Government Actuary’s Department) as at the end of the reporting period. This utilises an actuarial assessment for the previous accounting period in conjunction with updated membership and financial data for the current reporting period, and is accepted as providing suitably robust figures for financial reporting purposes. The valuation of the scheme liability as at 31 March 2021, is based on valuation data as 31 March 2020, updated to 31 March 2021 with summary global member and accounting data. In undertaking this actuarial assessment, the methodology prescribed in IAS 19, relevant FReM interpretations, and the discount rate prescribed by HM Treasury have also been used.

The latest assessment of the liabilities of the scheme is contained in the report of the scheme actuary, which forms part of the annual NHS Pension Scheme Accounts. These accounts can be viewed on the NHS Pensions website and are published annually. Copies can also be obtained from The Stationery Office.

The purpose of this valuation is to assess the level of liability in respect of the benefits due under the schemes (taking into account recent demographic experience), and to recommend contribution rates payable by employees and employers.

The latest actuarial valuation undertaken for the NHS Pension Scheme was completed as at 31 March 2016. The results of this valuation set the employer contribution rate payable from April 2019 to 20.6% of pensionable pay. The 2016 funding valuation was also expected to test the cost of the Scheme relative to the employer cost cap that was set following the 2012 valuation. In January 2019, the Government announced a pause to the cost control element of the 2016 valuations, due to the uncertainty around member benefits caused by the discrimination ruling relating to the McCloud case.

The Government subsequently announced in July 2020 that the pause had been lifted, and so the cost control element of the 2016 valuations could be completed. The Government has set out that the costs of remedy of the discrimination will be included in this process. HMT valuation directions will set out the technical detail of how the costs of remedy will be included in the valuation process. The Government has also confirmed that the Government Actuary is reviewing the cost control mechanism (as was originally announced in 2018). The review will assess whether the cost control mechanism is working in line with original government objectives and reported to Government in April 2021. The findings of this review will not impact the 2016 valuations, with the aim for any changes to the cost cap mechanism to be made in time for the completion of the 2020 actuarial valuations.

Access to the NHS pension scheme is restricted to staff members who have retained the benefit as an element of authorised transfers in from other employments.

33

Centre for Mental Health

Notes to the financial statements

For the year ended 5 April 2021

Universities Superannuation Scheme (USS)

USS is a defined benefit scheme, which is contracted out of the State Second Pension (S2P). The assets are held in a separate fund administered by the USS pension trustee who is the Universities Superannuation Scheme Limited. Because of the mutual nature of the scheme, Centre for Mental Health is unable to identify its share of the underlying assets and liabilities of the scheme on a consistent and reasonable basis and therefore accounts for the scheme as if it were a defined contribution scheme. FRS 102 requires for a multi-employer scheme that where the employer has entered into an agreement with the scheme that determines how the employer will fund a deficit, this results in the recognition of a liability for the contributions payable that arise from the agreement (to the extent that they relate to the deficit) and the resulting expense is recognised in profit or loss. The trustees have therefore recognised the discounted fair value of the contractual contributions under the funding plan in existence at the date of approving the financial statements.

As a result, the amount charged to the Statement of Financial Activities of £34,301 (2019/20: £33,000) represents employer's contributions payable to this scheme during the accounting period. The rate of employer’s contributions was for period April 2020 to March 2021 at 21.1 % of pensionable salaries. Further increase is planned from 30 September 2021 in relation to employee and employer's contributions; increasing to 11% and 23.7% respectively. As at 31 March 2021, Centre for Mental Health had two active members in the scheme (2020: two).

Last actuarial valuation of the scheme took place valuing the scheme’s assets and liabilities as at 31 March 2018. The valuation was carried out using the projected unit method and found that the scheme’s assets were sufficient to cover 95% of the scheme’s liabilities – a shortfall of £3.6 bn. This compares favourably with the previous triennial valuation as at 31 March 2017 (89% funding, a deficit of £7.5bn). In the years that the scheme do not do an actuarial valuation, they produce an actuarial report called a funding update. The results of the funding update, as at 31 March 2019, showed that the scheme's liabilities have increased faster than assets since the 2018 valuation, causing the deficit to increase to £5.4bn and the funding level to fall to 93%. The valuation on 31 March 2020 is being carried out and shall be completed by 30 June 2021. Recent updates show that the deficit has depend and the pension contributions will need to raise sharply if existing benefits are to be maintained.

The final salary element of the scheme has been closed, and pension rights accrues on a Retirement Income Builder basis from 1 April 2016. For those Members who earned benefits before April 2016 on a Career Revalued Benefits basis , these will be recalculated as final salary benefits built up to 31 March 2016 and added as a service credit onto any further benefits accrued under the scheme from April 2016 onwards. Furthermore , an income when the member retire is based on how long they have been in the scheme and their salary , up to annual threshold of £59,585.72 for 2020/21. Salary threshold is set each year. For those earning above this annual salary amount, contributions will be made into a USS Investment Builder.

* Post balance sheet event

In November 2015 Centre for Mental Health’s trustees commissioned Cartwrights, a firm of actuarial advisers, to update advice regarding Section 75 debt which would be triggered at a future date when there are no more active scheme members. Since July 2018, Centre for Mental Health's trustees have been in discussions with USS pension and our guarantor Gatsby Charitable Foundation to withdraw the Centre from the scheme. Formal letter requesting approval to exit the scheme has been submitted to USS trustees for their decision at May 2021 board meeting, which was approved. The Centre has written to USS Trustees to exit the scheme with 31 May 2021 effectively triggering section 75 debt. Gatsby Charitable Foundation as our guarantor has agreed to pay the liability directly to the USS on behalf of Centre for Mental Health when final invoice is issued by USS. The charity considers that it is appropriate to acknowledge that a contingent asset is highly likely to exist, however we are unable to quantify the value of this until USS advises of the total liability. A provision for a liability of £46,570 exists in our accounts that would be settled by the contingent assets in the next accounting period.

18a Analysis of group net assets between funds (current year)

Net assets at the end of the year
Net current assets
Long term liabilities		 General
unrestricted
£
770,802
-		 £
-
-
Designated
funds		 Restricted
funds
£
110,097
-		 Total funds
£
880,899
-
770,802 - 110,097 880,899

34

Centre for Mental Health

Notes to the financial statements

For the year ended 5 April 2021

18b
19a
Total restricted funds
Total designated funds
General funds
Core funding reserve
Designated funds:
Adults Research incl. Prisons and
Criminal Justice
St. Giles Trust evaluation
Culturally sensitive approaches to MH
education (CESAME)
Net current assets
Employment Support
Restricted funds:
Evaluation of Clic
Long term liabilities
Net assets at the end of the year
Analysis of group net assets between
Movements in funds (current year)
Shifting the Dial
Total funds
Total unrestricted funds
Influencing Policy and Practice
City Bridge Trust
Children and Young People
CYPMHC
Elliot Simmons CT
Unrestricted funds:
Crisis Care Commission
MHRG -Maudsley Charity's Grant
Synergi- advice and support around		 General
unrestricted
£
646,570
(46,570)
600,000
At the start
of the year
Income &
gains
£
£
67,340
(67,340)
6,117
48,000
-
36,500
6,262
54,575
-
1,300
67,702
74,534
1,744
-
25,494
-
-
10,000
-
20,600
174,659
178,169
390,268
-
390,268
-
600,000
835,539
990,268
835,539
1,164,927
1,013,708
funds (prior year)		 General
unrestricted
£
646,570
(46,570)
600,000
At the start
of the year
Income &
gains
£
£
67,340
(67,340)
6,117
48,000
-
36,500
6,262
54,575
-
1,300
67,702
74,534
1,744
-
25,494
-
-
10,000
-
20,600
174,659
178,169
390,268
-
390,268
-
600,000
835,539
990,268
835,539
1,164,927
1,013,708
funds (prior year)		 £
390,268
-
Designated
funds		 Restricted
funds
£
174,659
-		 Total funds
£
1,211,497
(46,570)
600,000 390,268 174,659 1,164,927
Income &
gains
£
(67,340)
48,000
36,500
54,575
1,300
74,534
-
-
10,000
20,600		 Expenditure
& losses
£
-
(54,117)
(36,500)
(17,224)
(1,300)
(76,652)
(1,744)
(25,494)
(9,100)
(20,600)		 Transfers
£
-
-
-
-
-
-
-
-
-
-
-		 At the end of
the year
£
-
-
-
43,613
-
65,584
-
-
900
-
174,659 178,169 (242,731) - 110,097
390,268 - - (390,268) -
390,268 - - (390,268) -
600,000 835,539 (1,055,005) 390,268 770,802
990,268 835,539 (1,055,005) - 770,802
1,164,927 1,013,708 (1,297,736) - 880,899

Restricted funds of £67,340 were refunded to City Bridge Trust

35

Centre for Mental Health

Notes to the financial statements

For the year ended 5 April 2021

19b Movements in funds (prior year)

Total restricted funds
Total designated funds
General funds
Adults Research incl. Prisons and
CYPMHC
Crisis Care Commission
Total funds
Psychology in Primary Care (BPS)
Elliot Simmons CT
Unrestricted funds:
Designated funds:
Core funding reserve
Total unrestricted funds
Baby Loss Counselling
IESD Regional Trainer
City Bridge Trust
Influencing Policy and Practice
Economics
Restricted funds:
Employment Support
Employment of Offenders
St. Giles Trust evaluation
Children and Young People
Other
Liaison Psychiatry - Maestro		 At the start
of the year
£
18,174
455
90,408
-
39,597
-
4,725
-
11,000
36,317		 Income &
gains
£
(9,087)
-
370,300
48,000
107,806
3,684
-
9,842
-
20,476		 Expenditure
& losses
£
-
-
(393,368)
(41,883)
(79,701)
(3,684)
(4,725)
(9,842)
(9,256)
(31,299)		 Transfers
£
(9,087)
(455)
-
-
-
-
-
-
-
-		 At the end of
the year
£
-
-
67,340
6,117
67,702
-
-
-
1,744
25,494
200,676 595,820 (612,295) (9,542) 174,659
174,268 - - 216,000 390,268
174,268 - - 216,000 390,268
600,000 1,165,071 (958,613) (206,458) 600,000
774,268 1,165,071 (958,613) 9,542 990,268
974,944 1,760,891 (1,570,908) - 1,164,927

36

Centre for Mental Health

Notes to the financial statements

For the year ended 5 April 2021

19 Purposes of restricted funds

Employment funding

The Employment of Offenders fund was a three-year project to evaluate the effectiveness of the Individual Placement and Support model within a prison setting. It was funded by three major grant making trusts came to an end in August 2016. Final report was written during 2017/18.

The Regional Trainer project was a three year pilot funded by Department of Health IESD grant money to set up regional trainers across 6 regional mental health trusts to enhance delivery of IPS and improve employment outcomes for their service users. Funding is confirmed annually and the project came to an end in June 2017.

The City Bridge Trust found is a two and half year project to establish 6 sites of new IPS services in London to enhance delivery of IPS in capital. Founding is confirmed annually and reviewed after each Quarter of delivery, the project is due to complete in July 2020.

Influencing Policy and Practice

Elliot Simmons Charitable Trust is funding our lasting legacy for mental health work for a period of two years, where we are determined to bring lasting change and create a legacy for mental health beyond the two year. Funds is used to support the Commission for Equality in Mental Health, a policy vehicle for challenging inequality and supporting marginalised groups.

Crisis Care Commission -donations have been received towards a restricted fund for a crisis care research project, where we will work with charities and other partners to find ways to provide better support for people in mental health emergencies. This will begin in Summer 2019 and last up to three years, dependent on future funding.

The Mental Health Research Group (MHRG) - founded by the Centre and The Royal Foundation, was picked up by Maudsley Charity for phase 1 funding. This entailed forming a working group of prominent names and organisations within mental health research with the aim of influencing change in mental health research, this culminated in a paper with recommendations.

Synergi- advice and support around policy work - The Centre have partnered with The Synergi Collaborative to retrospectively review the first three years of their five-year programme of work around policy change for inequality and multiple disadvantage. The project is funded by Lankelly Chase.

Children and Young People funding

Shifting the Dial is project founded by Big Lottery Fund (now National Lottery Community Fund). This is a partnership working to find ways to improve the resilience of young African Caribbean men. Four organisations have been funded over three years by National Lottery Community Fund: the Centre, Birmingham Repertory Theatre, First Class Legacy and Birmingham and Solihull Mental Health Foundation Trust.

CESAME: Culturally Engaged and Sensitive Approaches to Mental health Education

The project is a collaboration between Glasgow School of Art, DeMontford University and the Centre, funding by UKRI’s Emerging Minds network. The aim is to develop an approach that schools can use to promote good mental health that is tailored, culturally sensitive and inclusive.

Children and Young People Mental Health Coalition (CYPMHC) a membership body that brings together leading charities to campaign jointly on the mental health and wellbeing of children and young people. It is hosted by Centre for Mental Health.

Adults Research incl. Prisons and Criminal Justice

St Giles Trust Evaluation-This project will evaluate an intervention of St Giles Trust and Project Future that aims to bridge people who receive this intervention into a range of supportive services that can address their health and social needs. The project began in July 2019 and will last for 2 years.

Evaluation of Clic -The Centre evaluated Clic UK, an online intervention in the form of a mental health support platform as an emergency response to the Covid-19 pandemic. The evaluation seeks to determine the effectiveness of the platform for those who visit the site and are experiencing poor mental health.

37

Centre for Mental Health

Notes to the financial statements

For the year ended 5 April 2021

19 Purposes of restricted funds (continued)

Economics

Baby Loss Counselling- the Centre has conducted an economic evaluation of the therapeutic support delivered by PETALS, the baby loss counselling charity. This was completed and published in July 2019.

Other restricted funding

The Liaison Psychiatry (Maestro) project was funded by NIHR and led by Leeds University that will describe, classify and evaluate a number of models for the provision of Liaison Psychiatry services. The final report was produced and published in February 2020.

Psychology in Primary Care - British Psychological Society has grant-funded an evaluation of three services delivering psychological support in primary care Bradford, Catterick, Shrewsbury.

Purposes of designated funds

The core funding reserve represents funds designated by the trustees to meet shortfalls arising while the organisation builds its capacity and experience in fundraising.

20 Operating lease commitments

The charity and group's total future minimum lease payments under non-cancellable operating leases is as follows for each of the following periods:


follows for each of the following periods:
One to five years
Less than one year		 2021
2020
£
£
-
-
-
-
-
-
Property		 2021
2020
£
£
938
1,607
-
938
938
2,545
Equipment
- - 938 2,545

21 Legal status of the charity

The charity is a company limited by guarantee and has no share capital. The liability of each member in the event of winding up is limited to £1.

38