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2021-03-31-accounts

SOUTH STAFFORDSHIRE NETWORK FOR MENTAL HEALTH

(A COMPANY LIMITED BY GUARANTEE)

ANNUAL REPORT & FINANCIAL STATEMENTS

YEAR ENDED 31ST MARCH 2021

Registered Charity no: 1097461

Company no: 4693666

SOUTH STAFFORDSHIRE NETWORK FOR MENTAL HEALTH YEAR ENDED 31ST MARCH 2021

CONTENTS

Page
Reference and Administration details 1
Trustees' Report 2-3
Independent Examiners Report 4
Statement of Financial Activities 5
Balance Sheet 6
Notes to the Financial Statements 7-9

SOUTH STAFFORDSHIRE NETWORK FOR MENTAL HEALTH YEAR ENDED 31ST MARCH 2021

REFERENCE AND ADMINISTRATION DETAILS

South Staffordshire Network for Mental Health is a company limited by guarantee and a registered charity governed by its memorandum and articles of association which were last amended in 2020.

Company Number

4693666

Charity Number

1097461

Trustees

The trustees who served during the year were:

John McKiernan (Chair) Shelagh McKiernan Ian William Scott Christopher Wardle Robert J Rankin Joanne Craig

Registered Office

Bankers

Independent Examiner

49 Hillside CAF BANK Ltd Debbie Wellecome FMAAT, Lichfield 25 Kings Hill Avenue ACIE (Affiliated) Staffs West Malling Support Staffordshire WS14 9DH Kent ME19 4JQ

1

SOUTH STAFFORDSHIRE NETWORK FOR MENTAL HEALTH YEAR ENDED 31ST MARCH 2021

TRUSTEE'S REPORT

The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements of the charitable company for the year ended 31st March 2021.

Trustees

Shelagh McKiernan, Christopher Wardle, John McKiernan (Chair), Ian William Scott, Robert Rankin, Joanne Craig

Structure Governance and Management

Nature of governing document

The company is limited by guarantee and does not have share capital. It is a non-profit making organisation and a registered charity governed by its Memorandum and Articles of Association dated January 2020.

Recruitment, Appointment and Induction of Trustees

The Board of trustees contains a broad mix of skills thereby enhancing its effectiveness. When further trustees' recruitment is necessary the criteria for new members are decided using a skills audit to ensure the board retains its efficacy.

Public Benefit

The trustees confirm that they have complied with the requirements of Section 4 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.

Aims and Objectives

The objectives of the charity are:

To improve the quality of life for individuals in the six Districts of South Staffordshire who have personal experience of mental distress; by enabling user involvement, active representation and a campaigning voice

Its Aims are:

2

SOUTH STAFFORDSHIRE NETWORK FOR MENTAL HEALTH YEAR ENDED 31ST MARCH 2021

TRUSTEE'S REPORT (CONTINUED)

SSNMH has made many achievements which work towards the organisation's aims and objectives, which are outlined in our full annual report. The charity has fulfilled its core contractual obligations but in addition to this achieved many other outcomes as due to other funding streams.

Risk Management

SSNMH reviews and assesses the risks it faces in all areas of its work and plans for the management of those risks. The implementation of effective risk management is a key part of ensuring that the charity is fit for purpose. SSNMH recognises the identification of risks is best done by involving those with a detailed knowledge of the way SSNMH operates.

SSNMH recognises effective risk management will result in:

Trustees make informed decisions and take timely action The Network makes the most of opportunities Strategic planning is improved The Network's charity aims and objectives are achieved more successfully

The Board of Trustees of SSNMH have given consideration to the major risks to which the charity is exposed and satisfied themselves that systems or procedures are established in order to manage those risks.

Reserves Policy

SSNMH recognises two types of reserve as outlined below:

Restricted Reserves

Reserves held in accordance with any restrictions required by the original funder

Unrestricted Reserves

Reserves that are not legally resticted or designated for specific future use.

The trustee board consider it prudent to retain unrestricted funds equivalent to 3 to 6 months core operating expenditure to cover potential short term changes in funding and winding up costs as necessary. At 31st March 2021, the trustees believe that the unrestricted reserves are sufficient to meet this policy.

At 31 March 2021, SSNMH held £34,992 in restricted reserves and £34,783 in unrestricted reserves.

This report has been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006.

The annual report was approved by the trustees of the Charity on 12 November 2021 and signed on its behalf by:

John McKiernan

John McKiernan, Chair

3

SOUTH STAFFORDSHIRE NETWORK FOR MENTAL HEALTH YEAR ENDED 31ST MARCH 2021

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES

I report on the accounts for the year ended 31 March 2021 set out on the following pages

Respective responsibilities of Trustees and Examiner

The Trustees (who are also directors of the company for the purposes of company law) are responsible for the preparation of the accounts. The Trustees consider than an audit is not required for this year under section 144 of the Charities Act 2011 (the Charities Act) and that an Independent Examination is needed.

Having satisfied myself that the charity is not subject to audit under company law and is eligible for Independent examination, it is my responsibility to:

Basis of Independent Examiners report

My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanation from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to those matters set out in the statement below.

Independent Examiner's Statement

In connection with my examination, no matter has come to my attention:

(a) which gives me reasonable cause to believe that in any material respect the requirements:

have not been met: or

(b) to which, in my opimion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.

Deborah Wellecomme - BA (Hons), MAAT, ACIE (Affiliated Member)

Date:

26/11/2021

4

SOUTH STAFFORDSHIRE NETWORK FOR MENTAL HEALTH YEAR ENDED 31ST MARCH 2021

STATEMENT OF FINANCIAL ACTIVITIES

Notes
INCOMING RESOURCES
Incoming Resources from Generated Funds
Voluntary Income
Grants and Donations
2
Investment Income (Bank Interest)
Incoming Resources from Charitable Activities
Total Incoming Resources
Resources Expended
Charitable Activities
3
Governance Costs
4
Total Resources Expended
Net Incoming/(Outing ) Resources before transfers
Transfers Between Funds
Net Movement in Funds for the year
Total Funds Brought Forward
Total Funds Carried Forward		 Unrestricted
Total
Total
Funds
Restricted
Funds
Funds
General
Funds
2021
2020
£
£
£
£
0
98,009
98,009
100,295
22
0
22
94
3,888
0
3,888
2,856
3,910
98,009
101,919
103,245
6,047
109,106
115,154
111,699
139
0
139
0
6,186
109,106
115,293
111,699
-2,276
-11,097
-13,374
-8,454
0
0
0
0
-2,276
-11,097
-13,374
-8,454
37,268
45,880
83,148
91,602
34,992
34,783
69,774
83,148

5

SOUTH STAFFORDSHIRE NETWORK FOR MENTAL HEALTH AS AT 31ST MARCH 2021

BALANCE SHEET

BALANCE SHEET
Note
Current Assets
Cash at Bank and in hand
5
Debtors and Prepayments
6
Less :- Creditors, amounts falling due within one year
7
Net Current Assets
Represented by
Funds
Restricted Funds
8
Unrestricted Funds - General		 2021
£
70,162
1,015
71,177
1,403
69,774
34,783
34,992
69,774		 2020
£
83,166
677
83,843
695
83,148
45,880
37,268
83,148

For the year ending 31 March 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors’ responsibilities:

these accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The annual report was approved by the trustees of the Charity on 12 November 2021 and signed on its behalf by:

John McKiernan

John McKiernan, Chair

6

SOUTH STAFFORDSHIRE NETWORK FOR MENTAL HEALTH YEAR ENDED 31ST MARCH 2021

NOTES TO THE FINANCIAL STATEMENTS

1. Accounting Policies

(a) Basis of Accounts Preparation

The financial statements are prepared under the Historic Cost Convention and in accordance with Accounting and Reporting by Charities - Statement of Recommended Practice (SORP 2005) and Accounting Standards and the Charities Act 2011

(b) Incoming Resources

Recognition of incoming resources

These are included in the Statement of Financial Activities (SoFA) when:

Incoming resources with related expenditure

Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resources and related expenditure are reported gross in the SoFA.

Grants and donations

Grants and donations are only included in the SoFA when the charity has unconditional entitlement to the resources.

Contractual income and performance related grants

This is only included in the SoFA once the related goods or services have been delivered. Investment income

This is included in the accounts when receivable.

(c) Expenditure and Liabilities

Liability recognition

Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources.

Governance costs

Include costs of the preparation and examination of statutory accounts, the costs of trustee meetings and cost of any legal advice to trustees on governance or constitutional matters.

Support Costs

Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources.

Fund accounting

This differentiates between restricted and unrestricted funds. General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity. Restricted funds are those which are to be used in accordance with the specific restrictions imposed by the donors. Expenditure that meets these criteria is charged to the relevant fund.

(d) Assets

Tangible fixed assets for use by charity

These are capitalised if they can be used for more than one year, and cost at least £1,000. They are valued at cost. Depreciation is provided at rates calculated to write off the cost less estimated residual value, over their expected useful lives.

7

SOUTH STAFFORDSHIRE NETWORK FOR MENTAL HEALTH YEAR ENDED 31ST MARCH 2021

NOTES TO THE FINANCIAL STATEMENTS

2. Incoming Resources
Unrestricted Funds
Other Income
Restricted Funds
Big Lottery Fund
Social Prescribing
Total Grant Income
3. Total Resources Expended
Charitable activities
Direct Costs
Salary Costs
Rent & Room Hire
Subscriptions
Staff and Volunteers Travel
Insurance
Allocated Support costs( as detailed below)
Total
Support Costs
Telephone, Internet & Postage
Printing, Stationery & Computer Supplies
Office Equipment
Legal Fees
Sundries
Staff Training & Recruitment
Bank Charges
Adjustment
Total
4. Governance costs
Salary Costs
Trustee Expenses
Committee meetings and AGM
Total		 Unrestricted
Restricted
0
97463
169
4261
0
42
54
731
1776
0
4048
6609		 2021
0
3,887
66,693
31,316
101,896
2021
Total
97463
4430
42
785
1776
10657
115154
5946
42
1196
1108
1187
0
69
9548
2021
0
139
0
139		 2020
0
2,856
93,606
0
96,462
2020
Total
97463
4261
42
731
0
6609
6047
109106		 109106
1948
3998
0
42
246
950
0
1108
694
493
0
0
51
18
1109
0		 3998
42
950
1108
493
0
18
4048
6609		 6609
2020
0
0
0
0

8

SOUTH STAFFORDSHIRE NETWORK FOR MENTAL HEALTH YEAR ENDED 31ST MARCH 2021

NOTES TO THE FINANCIAL STATEMENTS

5. Staff Costs
2021
2020
Salaries
97,463
78,384
Social Security
-2,381
-1,224
Pension
2,322
3,239
97,404
80,399
Employees
The average number of full time equivalent employees
4.0
2.4
The average number of employees
8.3
5.6
No remuneration was paid to trustees during the year. Trustees reimbursed expenses amounted
to £0 (2019-20 - £0)
5. Bank and Cash
2021
2020
Petty Cash
153
153
Bank Accounts
70,009
83,012
70,162
83,165
6. Debtors
2021
2020
Prepayments
1,015
677
7. Current Liabilities
2021
2020
Accruals
1,403
695
Creditors due in 1 year
1,535
1,535
8. Restricted Funds Movement
Balance
Balance
bought
carried
forward
Income
Spend
Transfer
forward
Big Lottery Fund
45,880
66,693
-90,529
0
22,044
Social Prescribing
0
31,316
-18,577
0
12,739
45,880
98,009
-109,106
0
34,783		 5. Staff Costs
2021
2020
Salaries
97,463
78,384
Social Security
-2,381
-1,224
Pension
2,322
3,239
97,404
80,399
Employees
The average number of full time equivalent employees
4.0
2.4
The average number of employees
8.3
5.6
No remuneration was paid to trustees during the year. Trustees reimbursed expenses amounted
to £0 (2019-20 - £0)
5. Bank and Cash
2021
2020
Petty Cash
153
153
Bank Accounts
70,009
83,012
70,162
83,165
6. Debtors
2021
2020
Prepayments
1,015
677
7. Current Liabilities
2021
2020
Accruals
1,403
695
Creditors due in 1 year
1,535
1,535
8. Restricted Funds Movement
Balance
Balance
bought
carried
forward
Income
Spend
Transfer
forward
Big Lottery Fund
45,880
66,693
-90,529
0
22,044
Social Prescribing
0
31,316
-18,577
0
12,739
45,880
98,009
-109,106
0
34,783		 5. Staff Costs
2021
2020
Salaries
97,463
78,384
Social Security
-2,381
-1,224
Pension
2,322
3,239
97,404
80,399
Employees
The average number of full time equivalent employees
4.0
2.4
The average number of employees
8.3
5.6
No remuneration was paid to trustees during the year. Trustees reimbursed expenses amounted
to £0 (2019-20 - £0)
5. Bank and Cash
2021
2020
Petty Cash
153
153
Bank Accounts
70,009
83,012
70,162
83,165
6. Debtors
2021
2020
Prepayments
1,015
677
7. Current Liabilities
2021
2020
Accruals
1,403
695
Creditors due in 1 year
1,535
1,535
8. Restricted Funds Movement
Balance
Balance
bought
carried
forward
Income
Spend
Transfer
forward
Big Lottery Fund
45,880
66,693
-90,529
0
22,044
Social Prescribing
0
31,316
-18,577
0
12,739
45,880
98,009
-109,106
0
34,783		 5. Staff Costs
2021
2020
Salaries
97,463
78,384
Social Security
-2,381
-1,224
Pension
2,322
3,239
97,404
80,399
Employees
The average number of full time equivalent employees
4.0
2.4
The average number of employees
8.3
5.6
No remuneration was paid to trustees during the year. Trustees reimbursed expenses amounted
to £0 (2019-20 - £0)
5. Bank and Cash
2021
2020
Petty Cash
153
153
Bank Accounts
70,009
83,012
70,162
83,165
6. Debtors
2021
2020
Prepayments
1,015
677
7. Current Liabilities
2021
2020
Accruals
1,403
695
Creditors due in 1 year
1,535
1,535
8. Restricted Funds Movement
Balance
Balance
bought
carried
forward
Income
Spend
Transfer
forward
Big Lottery Fund
45,880
66,693
-90,529
0
22,044
Social Prescribing
0
31,316
-18,577
0
12,739
45,880
98,009
-109,106
0
34,783
45,880 98,009
-109,106		 0
34,783

9