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2025-03-31-accounts

BIRMINGHAM AND SOLIHULL MENTAL HEALTH NHS FOUNDATION TRUST CHARITY

(Operating as ‘Caring Minds’)

Trustees’ Report and Financial Statements for the year ended 31[st] March 2025

Registered Charity number 1098659

Birmingham and Solihull Mental Health NHS Foundation Trust Charity Financial Statements for the year ended 31[st] March 2025

Index
Page
Report of the Trustees 3-19
Statement of Trustees Responsibilities 20
Report of the Independent Examiner 21
Statement of Financial Activities 22
Balance Sheet 23
Principle accounting policies 24-26
Notes to the financial statements 27-36

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Birmingham and Solihull Mental Health NHS Foundation Trust Charity Financial Statements for the year ended 31[st] March 2025

Report or the Trustees

The Birmingham and Solihull Mental Health NHS Foundation Trust Charity (‘the Charity’ relaunched in October 2013 as ‘Caring Minds’) presents its Annual Report together with the Financial Statements for the year ended 31 March 2025.

The Charity’s annual report and accounts for the year ended 31 March 2025 have been prepared by the Corporate Trustee in accordance with section 132(1) of the Charities Act 2011. The Charity’s Declaration of Trust and 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 (FRS102) (Updated 1 January 2019). The Charity’s report and accounts include all the separately established funds for which the Birmingham and Solihull Mental Health NHS Foundation Trust is the sole beneficiary.

The Charity has a corporate trustee: Birmingham and Solihull Mental Health NHS Foundation Trust. The members of the NHS Trust Board who served during the financial year were as follows:

Monica Shafaq Non-Executive Director (Caring Minds Chair)
Roisin Fallon-Williams Chief Executive
Phil Gayle Trust Chair
David Tomlinson
Executive Director of Finance
Sarah Bloomfield Executive Director of Quality and Safety
Vanessa Devlin Executive Director of Operations
Dr Fabida Aria Executive Medical Director
Patrick Nyarumbu Executive Director of Strategy, People and Partnerships/Deputy
Chief Executive Officer
Lisa Stalley-Green Executive Director of Quality and Safety (Chief Nurse)
Dr Linda Cullen
Non-Executive Director and Senior Independent Director
Winston Weir Non-Executive Director
Bal Claire Non-Executive Director and Deputy Chair
Thomas Kearney Non-Executive Director (to 31stMarch 2025)
Sue Bedward Non-Executive Director
Nick Moor Associate Non- Executive Director (from December 2024)

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Birmingham and Solihull Mental Health NHS Foundation Trust Charity Financial Statements for the year ended 31[st] March 2025

1. Objectives and activities

Objectives and strategy

The Charity has NHS wide objectives as follows:

“The Trustee shall hold the trust fund upon trust to apply the income, and at their discretion, so far as may be permissible, the capital, for any charitable purpose or purposes relating to the National Health Service (hereinafter referred to as “the objects”).

Annual review: our activities

During the year, the funds continued to support a wide range of charitable and health related activities benefiting both patients and staff which are for the benefit of the public. In general they are used to purchase varied additional goods and services that the NHS is unable to provide from within its allocated resources.

The wards and locality charitable funds receive many donations specifically given to thank the nursing staff and these are used for charitable activities that will benefit both patients and staff. The charitable funds also enable clinical staff to attend training courses or to carry out research that otherwise could not be funded through their ordinary budgets.

As Trustees, we were and still are concerned how the pandemic would have affected the UK economy, and how that will impact on donations and fundraising to Caring Minds. We saw an amazing outpouring of support to the hospital charity and the wider NHS in general during lockdown

The national NHS Charities Together campaign has kindly provided over £200k to Caring Minds so far, and we hope to receive a further grants/funding in coming years.

2. Achievements and performance

Caring Minds is a fantastic charity that provides funding for a range of projects that support people suffering from mental health issues. Mental health affects 1 in 4 people and it has been important that we find innovative ways to enable people to access services which would not normally be funded through the NHS, and that's where Caring Minds plays a vital role. The charity raises money through a variety of avenues and would welcome people to carry out fundraising events to raise vital funds to support the projects.

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Birmingham and Solihull Mental Health NHS Foundation Trust Charity Financial Statements for the year ended 31[st] March 2025

Activities of Caring Minds charity April 2024 - March 2025

Our vision continues to be:

For Caring Minds to support the Trusts Vision of Improving Mental Health Wellbeing by providing funding that will enhance staff wellbeing and add value to the service user beyond what the NHS is able to provide.

As a Mental Health Trust Charity, Caring Minds mission is to:

In 2024 /25 significant projects funded were:

Tamarind Family Carer Event

This was an opportunity for families to come and spend time with loved ones, and enjoy some cultural food, activities and music, these events are always much anticipated and enjoyed by staff, service users and their loved ones, and offers opportunities for meaningful connection, which is essential to recovery.

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Birmingham and Solihull Mental Health NHS Foundation Trust Charity Financial Statements for the year ended 31[st] March 2025

Hope & Recovery Affirmation boxes

These boxes were able to give service users an opportunity to discuss positive affirmations around hope and recovery. They will prompt further discussion around sharing their personal experiences of their recovery to help others.

Thrive Gardening Project - Hillis Lodge

The THRIVE team members worked with BSMHFT staff to deliver this project to service users. The sessions were split into morning and afternoon sessions allowing for the protected mealtimes and prep/tidy up time. The project was aptly named ‘Hillis is THRIVING!’ and the dedication and hard work was rewarded with much produce grown and utilised in meal preparation for all at Hillis Lodge.

Other projects we were able to support were

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Birmingham and Solihull Mental Health NHS Foundation Trust Charity Financial Statements for the year ended 31[st] March 2025

improve their ability to express their thoughts, feelings and emotions in a constructive and positive way, using music as the tool and increase their self-esteem and self-worth through participating in the programme.

Memorial Bench - for colleague – Juniper

This was a very meaningful tribute to a much loved and values colleague who sadly passed away, the bench has provided a warm and inviting place in the Juniper courtyard for colleagues to sit and remember their colleague fondly.

We continue to Focus on our Staff Wellbeing Spaces - Via funding from NHS CT

We have been able to fund a number of sites, to provide staff wellbeing rooms over the last 12 months and have successfully opened four sites to date, these rooms enable staff to step away from often stressful and difficult shifts; to take a moment to rest and recharge, we continue to seek applications for further improvements across other sites.

Sites that have benefited so far are:

Ashcroft, Prison Service HMP Birmingham, Uffculme Centre and Ardenleigh, Women’s and Children’s secure services (images below)

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Birmingham and Solihull Mental Health NHS Foundation Trust Charity Financial Statements for the year ended 31[st] March 2025

Fundraising Activities

Caring Minds Events

Uffculme Quiz

Well attended by colleagues and a fun and engaging evening, promoting the charity and raising funds. Excellent event for building staff morale

Feel the Rhythm Events for BSMHFT

‘Feel the Rhythm, Beat the Stigma’ were community events put on across the summer, via BSMHFT community engagement team, and Caring Minds ran a stall at each event, this enabled us to engage with our colleagues and members of the community, to promote the charity and the amazing work we are able to support with the generosity of our donors and supporters. The wooden stocks were a real highlight, especially on the sunnier days, the best part about them was they were made for the charity, by a service user at one of our secure services.

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Birmingham and Solihull Mental Health NHS Foundation Trust Charity Financial Statements for the year ended 31[st] March 2025

Other events during the last 12 months were

A virtual balloon race, a summer raffle and our Trust Values Awards raffle.

What others have done to support Caring Minds

Zumbathon - Our colleague from the Recovery Colleague service, wanted to give back to the charity, as we have been able to support them over the years, a Zumbathon was hosted at BSMHFT HQ and was very well attended, not only did this raise funds for Caring Minds, it also offered a fantastic and energetic way for colleagues to let off some steam and have some fun too.

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Birmingham and Solihull Mental Health NHS Foundation Trust Charity Financial Statements for the year ended 31[st] March 2025

Colleague selling soap stone hearts – Soap hearts, handmade, with positive affirmations on them, a colleague sold these and encouraged colleagues and friends to make donations to Caring Minds.

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Ardenleigh Wellbeing Day - Staff bake off – Colleagues from Aredenleigh, wanted to turn their passion of baking in to some light hearted fun, and bring a bit of competiton to the team, the event was a huge success and there were some very worthy winners.

Corporate and Community support

In line with our objective to raise the profile of the charity externally we have been building stronger relationships with Corporates, which we will continue to do so.

We have had the pleasure of being supported by Dnata UK, at their annual charity golf day this year.

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Birmingham and Solihull Mental Health NHS Foundation Trust Charity Financial Statements for the year ended 31[st] March 2025

We were chosen again by Biosite, for their annual charity 5 a side football tournament, to provide funds for the FIRST team.

Starbucks and Gym group, continue to offer ad hoc support at events, donating prizes. Kinvig Geographical society at the University of Birmingham took on various fundraising events during the year in support of Caring Minds.

NHS Charities Together (NHS CT )

We continue to be members of NHS CT, and are working on the Covid recovery staff wellbeing project, that has enabled the development of staff wellbeing spaces.

We will be applying for the next round of funding that is due in Autumn 2025, this is also for staff wellbeing.

The team benefits from special interest groups, and peer support from other NHS Charity colleagues via the NHS CT forums and platforms provided via the membership. We continue to scope suitable and available grant opportunities from other Trust and foundations.

Changes to Structure and Development plan 25/26

25/26 will see the development of the charity, working collaboratively with Birmingham Community Health Care charity, with a new 2-year strategy.

The events and engagement post, fixed years funding came to an end in January 2025, and with the learning from this post, the charity has realigned and will be moving forward with more strategic support, in the form of a shared associate director of charities post, that will serve Caring Minds charity and Birmingham Community charity. The post will focus on the 2-year strategy, increasing unrestricted and restricted income, refreshing the charity aims and

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Birmingham and Solihull Mental Health NHS Foundation Trust Charity Financial Statements for the year ended 31[st] March 2025

objectives, improving and developing all processes and maximising all grant opportunities. This is a very exciting time for both charities, as we lean into shared resource and skills, this will lead to positive changes and the beneficiaries of both charities will gain a greater experience.

3. Financial Review-A review of our Finances, achievements and performance

Income

The Charity’s main stream of income is, and has been, from relatively small donations from patients and their relatives in appreciation of the care given to them by the NHS Trust. This has been supplemented by the occasional receipt of legacies and one-off donations from institutions. In accordance with Charity Commission guidelines, donations are not classified as restricted unless the terms of donation are mandatory as to the purpose of the gift; gifts with suggested uses are classified as designated, and it is the policy of the Charity to utilise them for the designated purpose. However, the Charitable Funds sub-committee in 2010/11 put in place a review programme for all funds, and designated funds that are not providing a benefit may be redesignated or have the designation removed. As part of this review a number of funds previously classified as restricted were reclassified as designated on the basis that the original intentions of the donor were not actually mandatory but rather an intention.

Total Income received by the charity was £76,690 compared to £142,123 in the previous year. The graph below shows the areas from which this income was received.

Donations and legacies (£34,988) – one of the main sources of income for the charity is donations and legacies from individuals and companies keen to help and support the charity in its cause.

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Birmingham and Solihull Mental Health NHS Foundation Trust Charity Financial Statements for the year ended 31[st] March 2025

Other Trading activities (£12,313) – the charity undertakes a small number of activities each year to help supplement the income received from donations and legacies, some of the main ones are income from 4000 club lottery £9,794 and £2,519 from fundraising events.

Investments (£29,389) – the main source of income received from our investment are in the form of dividend payments received on a quarterly basis this totaled £18,283 during the year.

Expenditure

Total expenditure by the Charity was £213,395 compared to £124,330 in the previous year. The graph below shows how this money was spent.

Our expenditure is spread across a number of funds and projects.

We spent £112,803 on charitable activities and £100,592 on raising funds. The main area of expenditure within these categories in year was:

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Birmingham and Solihull Mental Health NHS Foundation Trust Charity Financial Statements for the year ended 31[st] March 2025

At 31 March 2025 restricted funds of £97,425 remain to be spent, designated funds total £74,204 and general funds available for allocation to specific projects total £122,100.

Investments

The Charity holds all investments with Cazenove (Schroders) Investment Management Limited. In 2009-10, following advice from the investment manager, the trustees decided on investing the Charity’s cash deposit into equity based fund. The fund is managed by Cazenove (Schroders) and has an investment structure approved by the Charity Commission.

The fund adopts a diversified strategy; as well as exposure to equities, bonds and cash. The fund also includes exposure to alternative asset classes such as property, commodities and absolute return. The fund has a target return objective of inflation (RPI) plus 4% per annum over an economic cycle, a secondary aim is to achieve equity like returns with reduced volatility. The fund has exposure to real assets such as equities and property, therefore will not be immune to any market falls.

During 2024-25 the fund realised dividends of £18,283 It also has recognised unrealised market losses of £5,837. At the balance sheet date the fund was worth £101,192 more than the initial investment. The market value of the fund at the year-end is £433,810.

The investment manager and the trustees monitor the performance closely to ensure maximum gain whilst protecting the charities assets.

Reserves policy

Following a review of the guidance set out in the Charity Commission booklet CC19, Charities’ Reserves, the trustee has revised the Charity’s reserves policy to take account of the change in the charities expenditure policy.

The Trustees believe that all income donations should be spent in line with donors’ wishes and within reasonable timescales. In order to ascertain the level of reserves to be held, the Trustees will continue to review the level of funds held and the reliability of each source of income on a regular basis.

Expenditure plans are prepared when appropriate to ensure that reserves are held to meet the needs of the Charity now and for the forthcoming years.

The charity has conducted a review to look at its future and strategy with an aim to raise its profile and standing as a Mental Health Charity and overall seek to increase its donations so that it can spend more.

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Birmingham and Solihull Mental Health NHS Foundation Trust Charity Financial Statements for the year ended 31[st] March 2025

As we now have a Charity Manager in the role one of their priorities will be meeting regularly with the Fund managers across the clinical and corporate divisions to identify areas in which funds can be spent to make a difference for patients, carers and staff.

The trustees have agreed to an annual expenditure target of £50,000-£100,000 funds which aims to achieve a forward looking approach whereby reserves are held based on a year’s future spend. It is proposed that the reserves will comprise cash in the Charity’s current account and cash held with Cazenove.

The reserves held by the Charity are currently therefore in line with the agreed expenditure policy. This will be reviewed as the strategy and unique selling point (USP) of Caring Minds is further developed. There are plans to add an additional resource for the Charity Manager with the aim of growing the charity even further and with this anticipated growth our reserves policy will be under review periodically.

Grant making policy

Expenditure from specific funds is only made if it complies with the wishes of the donor when the original donation was made, these specific funds are managed by fund managers with delegated authority to spend the funds within the laid down fund criteria. The Charity has a General Fund which is used for any successful bids received by the trustees. The trustees meet twice a year for Committee meetings. Throughout the year they invite bids against the general fund and the trustees assess these bids on the following criteria:

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Birmingham and Solihull Mental Health NHS Foundation Trust Charity Financial Statements for the year ended 31[st] March 2025

4. Structure, governance and management

Structure, governance and management

The corporate trustee fulfills its legal duty by ensuring that funds are spent in accordance with the objectives of each fund and by designating funds the Trustee respects the wishes of our generous donors to benefit patient care and advance the good health and welfare of patients, carers and staff.

The corporate trustee has paid due regard to the Charity Commission’s guidance on public benefit in deciding what activities the Charity should undertake.

The charitable funds available for spending are allocated to specialties within the NHS Foundation Trust’s directorate management structure. Each allocation is managed by use of a designated fund. For example there are charitable funds for each ward within our main hospitals and funds for specific mental health locality units.

The Chair and Non-Executive Directors of the Foundation Trust Board are appointed by the Council of Governors. The Chair and Non-executives then appoint the Chief Executive Officer. A committee consisting of the Chair, the Chief Executive Officer and other Non-Executive Directors appoint the Executive members of the Board. Members of the Foundation Trust Board and the charitable funds Committee are not individual trustees under charity law but act as agents on behalf of the corporate trustee.

The Charity has its own procedural guidance that acts as an induction pack for newly appointed members of the NHS Foundation Trust Board and Charitable Funds Committee. This pack provides information about the charity, including the governing document, the Charitable Funds Committee terms of reference, trustees’ annual report and accounts, budgets, policies and minutes, and information about trusteeship, including Charity Commission booklet CC3, The Essential Trustee .

Acting for the Corporate trustee, the Charitable Funds (Caring Minds) Committee is responsible for the overall management of the Charitable Fund. The Committee is required to:

The accounting records and the day-to-day administration of the funds are dealt with by the Finance Department located at Uffculme Centre,52 Queens bridge Road, Birmingham, B13 8QY.

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Birmingham and Solihull Mental Health NHS Foundation Trust Charity Financial Statements for the year ended 31[st] March 2025

Risk Management

The major risks to which the Charity is exposed have been identified and considered. They have been reviewed and systems established to mitigate those risks. The most significant risks identified were possible losses from a fall in the value of the investments and the level of reserves available to mitigate the impact of such losses. There are procedures in place to review the investment policy and to ensure that both spending and firm financial commitments remain in line with income.

Income and expenditure is being monitored in total and is compared with the approved plan on a quarterly basis to detect trends as part of the risk management process to avoid unforeseen calls on reserve.

5. Reference and administration details

Reference and administrative details

The Charity, registered number 1098659, was entered on the Central Register of Charities on the 21 July 2003. In October 2013 the Charity changed its registered name from Birmingham and Solihull Mental Health NHS Foundation Trust Charity to ‘Caring Minds’.

The Charity is governed in accordance with a Declaration of Trust dated 18 July 2003 as amended by a Supplemental Deed dated 1 July 2008.

Charitable funds received by the Charity are accepted, held and administered as funds and property held on trust for purposes relating to the health service in accordance with the National Health Service Act 1977 and the National Health Service and Community Care Act 1990 and these funds are held on trust by the corporate body.

Trustee

The Birmingham and Solihull Mental Health NHS Foundation Trust is the corporate trustee of the Charity governed by the law applicable to Trusts, principally the Trustee Act 2000 and the Charities Act 2011.

The NHS Trust Board devolved responsibility for the on-going management of funds to the Charitable Funds Sub-Committee which administers the funds on behalf of the corporate trustee. This committee was formed on 1 April 2003.

The names of those people who served as agents for the corporate trustee (during 2023/24 financial year), as permitted under regulation 16 of the NHS Trusts (Membership and Procedures) Regulations 1990, were as follows:

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Birmingham and Solihull Mental Health NHS Foundation Trust Charity Financial Statements for the year ended 31[st] March 2025

Monica Shafaq Non-Executive Director (Caring Minds Chair) Patrick Nyarumbu Executive Director of Strategy, People and Partnerships/Deputy Chief Executive Officer Dr Fabida Aria Executive Medical Director Dr Linda Cullen Non-Executive Director and Senior Independent Director Winston Weir Non-Executive Director Richard Sollars Deputy Director of Finance Jasmine Martin Head of Financial Services Tim Hamilton Associate Director of Louise John Charity Manager Hannah Sullivan Deputy Company Secretary

Principal charitable fund adviser to the Board:

The Chief Executive of the NHS Foundation Trust, who, under a scheme of delegated authority approved by the corporate trustee, has delegated day to day responsibility for the management of the Charitable Fund to the Charitable Funds (Caring Minds) Committee’ delegated officers and must approve, on behalf of the corporate trustee, all expenditure over £1,000 with an upper limit of £25,000 using their delegated authority. All expenditure over £25,000 must be approved by the Charitable Funds (Caring Minds) Committee. The current Scheme of Delegation was updated in 2023/2024.

Principal Office

The principal office for the Charity is:

Finance Department Uffculme Centre 52 Queensbridge Road Birmingham B13 8QY

Principal Professional Advisers:

Independent Examiner

Karen Hanlan Independent Examiner Limited 1 Saracen Close Ettington CV37 7SZ

Investment Fund Managers

Cazenove Capital Management (nee Schroder) 3[rd] Floor 100 Wood Street London, EC2V 7ER

Bankers

The Royal Bank of Scotland Plc Government Banking Services c/o RBS London Corporate Service Centre

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Birmingham and Solihull Mental Health NHS Foundation Trust Charity Financial Statements for the year ended 31[st] March 2025

CPB Services 2nd Floor, 280 Bishopsgate, London, EC2M 4RB

Partnership Working and Networks

Birmingham and Solihull Mental Health NHS Foundation Trust is the main beneficiary of the Charity and is a related party by virtue of being corporate trustee of the Charity. By working in partnership with the Trust, the charitable funds are used to best effect. When deciding upon the most beneficial way to use charitable funds, the corporate trustee has regard to the main activities, objectives, strategies and plans of the Trust.

The Sub-Committee encourages bidders to seek additional external funding partnerships with external agencies.

A big thank you

On behalf of the staff and patients who have benefited from improved services due to donations and legacies, the Corporate trustee would like to thank all patients and relatives and staff who have made charitable donations.

Approved on behalf of the Corporate trustee:

Monica Shafaq

26[th] January 2026

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Birmingham and Solihull Mental Health NHS Foundation Trust Charity Financial Statements for the year ended 31[st] March 2025

Statement of trustees’ responsibilities

The trustees are required to prepare financial statements for each financial year which give a true and fair view of the state of the affairs of the charity and of the surplus or deficit incurred by the charity for that year. In preparing those financial statements the trustees are required to:

The trustees have overall responsibility for ensuring that the charity has an appropriate system of controls, financial and otherwise.

The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy, at any time, the financial position of the charity and to enable them to ensure that the financial statements comply with the Charities Act 2011.

They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities and to provide reasonable assurance that:

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Birmingham and Solihull Mental Health NHS Foundation Trust Charity Financial Statements for the year ended 31[st] March 2025

Independent examiner’s report to the Trustees of Birmingham and Solihull Mental Health NHS Foundation Trust General Charity

I report to the trustees on my examination of the financial statements of Birmingham and Solihull Mental Health NHS Foundation Trust General Charity (‘the Charity’) for the year ended 31[st] March 2025 which are set out on pages 22 to 36.

Responsibilities and basis of report

As the Charity’s trustees you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the Charity’s accounts carried out under section 145 of the Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145 (5)(b) of the Act.

Independent examiner’s statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Karen Hanlan, ACA Independent Examiner Limited, 1 Saracen Close Ettington, CV37 7SZ

26th January 2026

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Birmingham and Solihull Mental Health NHS Foundation Trust Charity Financial Statements for the year ended 31[st] March 2025

Statement of financial activities

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

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Birmingham and Solihull Mental Health NHS Foundation Trust Charity Financial Statements for the year ended 31[st] March 2025

Balance sheet

Note
Fixed Assets:
Tangible assets
12
Investments
13
Total Fixed Assets
Current Assets:
Debtors
9
Cash held in investment portfolio
11
Cash at bank and in hand
11
Total Current Assets
Current Liabilities:
Ceditors: amounts falling due within one year
10
Total Current Liabilities
Net Current (Liabilities)/Assets
Total Assets Less Current Liabilities
Total Net Assets
The Funds of the Charity:
Restricted Income Funds
15
Unresticted income funds
- General Funds
15
- Designated Funds
15
Total Charity Funds
Unrestricted Funds Restricted Funds Total Funds Total Funds
2024/25
2024/25
2024/25
2023/24
£
£
£
£
-
-
-
-
433,810
-
433,810
439,647
433,810
-
433,810
439,647
16,231
-
16,231
1,718
11,491
192,288
203,779
177,740
9,561
21,358
30,919
91,846
37,283
213,646
250,929
271,304
(274,789)
(116,221)
(391,010)
(274,680)
(274,789)
(116,221)
(391,010)
(274,680)
(237,506)
97,425
(140,081)
(3,376)
196,304
97,425
293,729
436,271
196,304
97,425
293,729
436,271
-
97,425
97,425
153,941
-
-
122,100
-
122,100
205,350
74,204
-
74,204
76,980
196,304
97,425
293,729
436,271

The accompanying accounting policies and notes form part of these financial statements.

Approved by the Trustees and signed on their behalf by:

Monica Shafaq

26th January 2026

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Birmingham and Solihull Mental Health NHS Foundation Trust Charity Financial Statements for the year ended 31[st] March 2025

Principal accounting policies

1. Basis of preparation

The financial statements have been prepared under the historic cost convention, with the exception of investments which are held at market value.

The accounts have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (Updated 1 January 2019Charities SORP (FRS 102)) and the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102) and the Charities Act 2011 and UK Generally Accepted Practice as it applies from 1 January 2015.

The Trust meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note.

The trustees consider that there are no material uncertainties about the Charities ability to continue as a going concern. There are no material uncertainties affecting the current year’s accounts.

2. Fund structure

General accumulated funds are unrestricted funds available for general purposes and include funds designated for a particular purpose; the use of such funds remains at the discretion of the trustees.

Restricted funds are funds subject to conditions imposed by the donor or by specific terms of the appeal under which the funds are raised. The restrictive conditions are binding upon the Charity.

3. Income from donations and legacies

Income is recognised once the charity has entitlement to the funds, it is probable (more likely than not) that the income will be received and the monetary value can be measured with sufficient reliability.

Legacies are accounted for as income either upon receipt or where the receipt of the legacy is probable.

Receipt is probable when confirmation has been received from the representatives of the estate that probate has been granted. The executors have established that there are sufficient assets in the estate to pay the legacy and all conditions attached to the legacy have been fulfilled or are within the charity’s control.

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Birmingham and Solihull Mental Health NHS Foundation Trust Charity Financial Statements for the year ended 31[st] March 2025

4. Expenditure and irrecoverable VAT

All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to each category of expense shown in the Statement of Financial Activities. Expenditure is recognised when there is a present legal or constructive obligation resulting from a past event. It is more likely than not that a transfer of benefits (usually a cash payment) will be required in settlement. The amount of the obligation can be measured or estimated reliably.

Irrecoverable VAT is charged against the category of expenditure for which it was incurred.

5. Investments

Investments quoted on a recognised stock exchange are valued at market value at the year end.

6. Interest and investment income receivable

Bank interest and income from investments are included in the financial statements when receivable.

7. Investment gains and losses

Investment gains and losses include any gain or loss on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year.

8. Debtors

Debtors are amounts owed to the charity. They are measured on the basis of their recoverable amount.

9. Cash and cash equivalents

Cash at bank and in hand is held to meet the day to day running costs of the charity as they fall due.

10. Creditors

Creditors are amounts owed by the charity. They are measured at the amount that the charity expects to have to pay to settle the debt.

11. Tangible Fixed Asset

Depreciation is provided at a rate calculated to write off the cost on a straight line basis over a period of less than the estimated useful life of the assets at the following rates:

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Birmingham and Solihull Mental Health NHS Foundation Trust Charity Financial Statements for the year ended 31[st] March 2025

Ford Galaxy (David Bromley House) - 10 years

Fixed assets are capitalised depending on their value at the discretion of the trustees.

12. Taxation

As a registered charity no provision is considered necessary for taxation.

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Birmingham and Solihull Mental Health NHS Foundation Trust Charity Financial Statements for the year ended 31[st] March 2025

Notes to the financial statements

1. Income from Donations and Legacies

Donations from Individuals
Corporate Donations
Legacies
NHS Charities Together Donations
Total
Unrestricted Funds Restricted Funds Total Funds Total Funds
2024/25
2024/25
2024/25
2023/24
£
£
£
£
14,836
-
14,836
3,685
11,692
8,460
20,152
41,844
-
-
-
-
-
-
-
55,660
26,528
8,460
34,988
101,189
Donations from Individuals
Corporate Donations
Legacies
NHS Charities Together Donations
Total
Unrestricted Funds Restricted Funds Total Funds Total Funds
2023/24
2023/24
2023/24
2022/23
£
£
£
£
3,685
-
3,685
6,384
41,344
500
41,844
12,087
-
-
-
3,174
-
55,660
55,660
-
45,029
56,160
101,189
21,645

2. Income from Other Trading Activities

Lottery Income
Fundraising Events
Total
Unrestricted Funds Restricted Funds Total Funds Total Funds
2024/25
2024/25
2024/25
2023/24
£
£
£
£
9,794
-
9,794
9,390
2,489
30
2,519
3,917
12,283
30
12,313
13,307
Lottery Income
Fundraising Events
Total
Unrestricted Funds Restricted Funds Total Funds Total Funds
2023/24
2023/24
2023/24
2022/23
£
£
£
£
9,390
-
9,390
10,129
3,917
-
3,917
678
13,307
-
13,307
10,807

27

Birmingham and Solihull Mental Health NHS Foundation Trust Charity Financial Statements for the year ended 31[st] March 2025

3. Investment Income

Interest
Dividends
Total
Unrestricted Funds Restricted Funds Total Funds Total Funds
2024/25
2024/25
2024/25
2023/24
£
£
£
£
10,031
1,075
11,106
9,237
18,283
-
18,283
18,390
28,314
1,075
29,389
27,627
Interest
Dividends
Total
Unrestricted Funds Restricted Funds Total Funds Total Funds
2023/24
2023/24
2023/24
2022/23
£
£
£
£
8,588
649
9,237
3,904
18,390
-
18,390
18,233
26,978
649
27,627
22,137

4. Expenditure on raising funds

Charity Manager
Events & Engagement Officer
Lottery Payouts and license fees
Fundraising events
Just Giving.com Fees
Investment Managers Fee
Total
Unrestricted Funds Restricted Funds Total Funds Total Funds
2024/25
2024/25
2024/25
2023/24
£
£
£
£
61,139
-
61,139
56,389
2,074
28,755
30,829
8,765
3,020
-
3,020
3,040
4,730
-
4,730
1,133
216
-
216
216
658
-
658
600
71,837
28,755
100,592
70,143
Charity Manager
Events & Engagement Officer
Lottery Payouts and license fees
Fundraising events
Just Giving.com Fees
Investment Managers Fee
Total
Unrestricted Funds
Restricted Funds
Total Funds
Total Funds
2023/24
2023/24
2023/24
2022/23
£
£
£
£
56,389
-
56,389
52,381
8,765
8,765
-
3,040
-
3,040
3,250
1,133
-
1,133
204
216
-
216
144
600
-
600
619
70,143
-
70,143
56,598

28

Birmingham and Solihull Mental Health NHS Foundation Trust Charity Financial Statements for the year ended 31[st] March 2025

5. Expenditure on Charitable Activities

Staff education and welfare
Patient education and welfare
Support costs :
- Administration Fees
- Independent Examiners fee
- Bank charges
Total
Unrestricted Funds Restricted Funds Total Funds Total Funds
2024/25
2024/25
2024/25
2023/24
£
£
£
£
29,309
29,748
59,057
550
30,914
659
31,573
31,601
13,648
6,919
20,567
20,434
1,300
-
1,300
1,300
306
-
306
302
75,477
37,326
112,803
54,187
Staff education and welfare
Patient education and welfare
Support costs :
- Administration Fees
- Independent Examiners fee
- Bank charges
Total
Unrestricted Funds
Restricted Funds
Total Funds
Total Funds
2023/24
2023/24
2023/24
2022/23
£
£
£
£
550
-
550
21,320
31,601
-
31,601
36,055
13,118
7,316
20,434
18,530
1,300
-
1,300
1,600
302
-
302
302
46,871
7,316
54,187
77,807

6. Trustees’ remuneration, benefits and expenses

The charity’s trustees give their time freely and receive no remuneration for the work that they undertake as trustees. No expenses were reimbursed to any trustee.

29

Birmingham and Solihull Mental Health NHS Foundation Trust Charity Financial Statements for the year ended 31[st] March 2025

7. Analysis of staff costs

The charity employed two staff members’ during the year £91,968 (2023/24: Two employee’s £65,154).

Basic pay
NI E/er
Pension E/er
Total
2024/25
2023/24
£
£
73,529
52,209
7,866
5,636
10,573
7,309
91,968
65,154

8. Independent Examiner's remuneration

The independent Examiner’s remuneration of £1,300 (2023/24: £1,300) related solely to the Independent Examination with no other additional work being undertaken.

9. Debtors

9. Debtors
Other Debtors 2024/25
2023/24
£
£
16,231
1,718
10. Creditors: amounts falling due within one year
Accruals: Amounts owed to BSMHFT 2024/25
2023/24
£
£
391,010
274,680
11. Cash and Cash Equivalents
Cash held in investment portfolio
Cash at bank and in hand
Total
2024/25
2023/24
£
£
203,779
177,740
30,919
91,846
234,698
269,586

30

Birmingham and Solihull Mental Health NHS Foundation Trust Charity Financial Statements for the year ended 31[st] March 2025

12. Tangible Assets

Cost
At beginning of year
Additions
Disposals
At end of the Year
Depreciation
At beginning of year
Charge for the year
Disposals
At end of the Year
Net Book Value
At 1 April 2024
At 31 March 2025
Log Cabin
£
-
-
-
Ford Galaxy
Total
£
£
19,078
19,078
-
-
-
-
- 19,078
19,078
-
-
-
19,078
19,078
-
-
-
-
- 19,078
19,078
- -
-
- -
-
13. Investment Asset
Movement in fixed asset investment
Market Value at beginning of the year
Less: Disposal Proceeds
Less: Net Loss on Revaluation
Market Value at end of the year
Historic Cost at end of the year
Fixed asset investment by type
Schroder Charity Multi-Asset Fund (Income Units)
Total Listed Investment
Cash held in investment portfolio
Total
Investment is held at market value
2024/25
2023/24
£
£
439,647
414,329
(5,837)
25,318
433,810
439,647
332,618
332,618
2024/25
2023/24
£
£
433,810
439,647
433,810
439,647
203,779
177,740
637,589
617,387

31

Birmingham and Solihull Mental Health NHS Foundation Trust Charity Financial Statements for the year ended 31[st] March 2025

14. Related Party Transactions

As stated in the Trustees Report all funds are held and administered by the Charity for the benefit of the Birmingham and Solihull Mental Health NHS Foundation Trust (‘the Trust’) which is the Corporate Trustee. As such all grants and donations are made to the various departments within the Trust and are not treated as related party transactions. There were no further transactions with related parties in the year (2023/24: None).

32

Birmingham and Solihull Mental Health NHS Foundation Trust Charity Financial Statements for the year ended 31[st] March 2025

15. Analysis of Funds

Analysis of Funds 2024/25
Restricted Funds
Norman Imlah Day Centre
B'ham Working Age Dementia Service
Little Bromwich Centre
David Bromley House
Hertford House
Ward 10 Solihull (Inc Solihull STEPS)
Highcroft / Northcroft
Gospel Choir
East AOT Team Fund
Chamomile Mother & Baby Unit
Endeavour Court & Hse, George Ward Eden Unit
Grove Avenue
Melissa Suite
Caffra Suite Fund
Admiral Nursing
Birmingham Healthly Minds
Personality Disorder-Staff Awareness
David Bromley & Dan Mooney House
Dan Mooney House
Solihull Assertive Outreach
NHS Charities Together
NHS Charities Together - UHB
NHS Charities S3 Inc
NHS Charities Dev Fund
Well Being Spaces
Total Restricted Funds
Unrestricted Funds
General Funds
Designated Funds
Total Unrestricted Funds
Total Funds
Balance
B/FWD
Income
Expediture Transfers Investment
Gains/(Losses)
Balance
C/FWD
£
£
£
£
£
£
869
8
(58)
819
2,654
23
(177)
2,500
433
4
(29)
408
2,703
23
(181)
2,545
1,819
16
(122)
1,713
2,418
21
(162)
2,277
40,699
350
(1,311)
39,738
77
1
(5)
73
1,030
9
(69)
970
2,739
24
(183)
2,580
259
32
(19)
272
40
-
(3)
37
78
1
(5)
74
87
1
(6)
82
503
4
(34)
473
926
8
(62)
872
459
4
(31)
432
7,882
68
(527)
7,423
821
7
(55)
1
774
1,359
10
(264)
1,105
25,604
217
(2,154)
23,667
7,132
62
(477)
6,717
24,595
212
(1,645)
23,162
28,755
-
(28,755)
-
-
8,460
(29,748)
(21,288)
153,941
9,565
(66,082)
1
-
97,425
204,900
64,864
(141,826)
(1)
(5,837)
122,100
77,430
2,261
(5,487)
74,204
282,330
67,125
(147,313)
(1)
(5,837)
196,304
436,271
76,690
(213,395)
-
(5,837)
293,729

33

Birmingham and Solihull Mental Health NHS Foundation Trust Charity Financial Statements for the year ended 31[st] March 2025

Purpose of Funds

Fund Purpose
Norman Imlah Day Centre To provide rehabilitation, educational and social activites only for the
patients of the Norman Imlah day centre
B'ham Working Age Dementia Service To promote the wellbeing of the older adult client group.
Little Bromwich Centre To benefit the service users and staff of the Little Bromwich Centre
only.
David Bromley House The balance of the fund is for the benefit of all residents at David
Bromley House only.
Hertford House To benefit thepatients of Hertford House only.
Ward 10 Solihull Hospital To benefit the patients of Birmingham and Solihull Mental Health
Foundation Trust within the Solihull area only.
STEPS To provide activities recreational and entertainment for day hospital
patients
Highcroft/Northcroft To benefit the service user of Highcroft/Northcroft only.
Sycamore Patient Fund To benefit the service users of Sycamore ward at the tamarind centre.
Gospel Choir To benefit the BSMHFT Gospel Choir
East AOT Team Fund To benefit the service users of East AOT team.
Chamomile Mother & BabyUnit To benefit the service users of Chamomile Unit
Endeavour Court & Hse, George Ward Eden Unit To benefit the service users of Endeavour Court & House, George ward
and eden unit
Grove Avenue To benefit the service users of Grove Avenue
Melissa Suite To benefit the service users of Melissa Suite
Caffra Suite Fund To benefit the service users of Caffra Suite
DBH - Ford Galaxy To benefit the service users of David BromleyHouse
Admiral Nursing To benefit the service users of Solihull Admiral Nurses service
Birmingham HealthlyMinds To Benefit the service users of the Birminhgam HealthlyMinds service
PersonalityDisorder-Staff Awareness To aid staff awareness in realtion topersonalitydisorders
David Bromley& Dan MooneyHouse To Benefit the service users of Dan Mooneyand Davind BromleyHse
Dan MooneyHouse To benefit the service users of Dan MooneyHse
Solihull Assertive Outreach To benefit the service users of Solihull Aseertive Outreach
NHS Charities Together Toprovide support duringCOVID-19
NHS Charities Together - UHB Toprovide support duringCOVID-19
NHS Charities S3 Inc Toprovide support after COVID-19
NHS Charities Dev Fund Toprovide support specific to the development of CaringMinds
Well BeingSpaces Toprovide support to the well beingstaff spacesproject

34

Birmingham and Solihull Mental Health NHS Foundation Trust Charity Financial Statements for the year ended 31[st] March 2025

Analysis of Funds 2023/24
Restricted Funds
Norman Imlah Day Centre
B'ham Working Age Dementia Service
Little Bromwich Centre
David Bromley House
Hertford House
Ward 10 Solihull (Inc Solihull STEPS)
Highcroft / Northcroft
Gospel Choir
East AOT Team Fund
Chamomile Mother & Baby Unit
Endeavour Court & Hse, George Ward Eden Unit
Grove Avenue
Melissa Suite
Caffra Suite Fund
Admiral Nursing
Birmingham Healthly Minds
Personality Disorder-Staff Awareness
David Bromley & Dan Mooney House
Dan Mooney House
Solihull Assertive Outreach
NHS Charities Together
NHS Charities Together - UHB
NHS Charities S3 Inc
NHS Charities Dev Fund
Total Restricted Funds
Unrestricted Funds
General Funds
Designated Funds
Total Unrestricted Funds
Total Funds
Balance
B/FWD
Income
Expediture Transfers Investment
Gains/(Losses)
Balance
C/FWD
£
£
£
£
£
£
907
4
(41)
(1)
869
2,769
11
(126)
2,654
451
2
(21)
1
433
2,820
12
(128)
(1)
2,703
1,898
8
(86)
(1)
1,819
2,523
10
(115)
2,418
42,462
172
(1,934)
(1)
40,699
80
-
(4)
1
77
1,075
4
(49)
1,030
2,358
512
(130)
(1)
2,739
270
1
(12)
259
41
-
(2)
1
40
81
-
(4)
1
78
90
-
(4)
1
87
525
2
(24)
503
966
4
(44)
926
479
2
(22)
459
8,224
33
(375)
7,882
857
3
(39)
821
1,418
6
(65)
1,359
26,713
108
(1,217)
25,604
7,441
30
(339)
7,132
-
25,764
(1,169)
24,595
-
30,121
(1,366)
28,755
104,448
56,809
(7,316)
-
-
153,941
209,499
83,056
(112,973)
25,318
204,900
79,213
2,258
(4,041)
77,430
288,712
85,314
(117,014)
-
25,318
282,330
393,160
142,123
(124,330)
-
25,318
436,271

35

Bimiingham and Solihull Mental Health NHS Foundation Trust Charity Financial Sialemenls for the y¢ar ended 31 ' March 2025 16. Comparative 2023124 SOFA UnrestrKted Fw¥J5 Restricted Furwjs Totsl fvnds 2023124 2023124 2023124 P40 Income nd t￿￿0￿m￿ntsfmfft: Do{￿t￿N5 arKI Legac￿5 Ot￿Ttra￿r¥a￿1mte5 453129 13J07 26978 56.IfAJ 101.189 13.307 27,627 649 Totsl Inwffl• .3 09 142,123 ExpwMllWM on: Ra1sir¥fy￿ts CharitaL4ektMt 70,143 46J71 70.143 54,187 7316 Totsl Wdltur• 117.014 7316 124,330 N•1 ￿¢￿￿￿(E4￿dI￿1> b•lm kn¥•Jbii•ni 31,7LXI Net 8airsllb55esl on 25318 25,318 Net mo¥orn•nt kn funth R•¢on¢ll•tkn 01 Iuhds: Total fund5 brought I0￿3T￿ Totsl fvnd5 urrled lonwnl 288.712 104.448 153,941 393,160 436,271 36