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:**
- Enhance the service user experience
- Nurture staff well being
- Support families and carers
## **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.
5
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**
- **Music for Attachment (with Quench Arts) Perinatal West Birmingham Perinatal** This project was able to increase patients’ knowledge and skills around how music can help with building attachment with their child(ren) through simple activities that can be replicated at home, helps to increase social connectedness through group activities with other parents facing similar challenges (of either being at risk of or experiencing post/peri natal depression), therefore decreasing the feeling of isolation. It can also
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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.
**----- Start of picture text -----**
,
**----- End of picture text -----**
**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
- Gifts from Individuals (£14,836) there were a total of 129 donations from individuals during the year with an average donation value of £115.01.
- Gifts from Companies (£20,152) there were a total of 15 donations from companies during the year with an average donation value of £1,343.46.
- Legacies (£0) we received a total 0 legacy donations during the year.
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:
- £90,630 spent on staff and patient welfare.
- £91,968 spent on Charity Staffing.
- £20,567 spent on administration fee from BSMHFT which is a recharge from the Trust’s Finance and Communications department for administration of the funds.
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Birmingham and Solihull Mental Health NHS Foundation Trust Charity Financial Statements for the year ended 31[st] March 2025
- £3,020 spent on lottery payouts and license fees.
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:
- Does the bid fall into one of the predetermined ‘charitable’ categories
- Patient Welfare and Amenities
- Staff Welfare and Amenities
- Research
- How will this benefit patients/staff? – How this benefits patients/staff and is covered in one of the above categories?
- What are the consequences of this bid not being successful? – What circumstances would prevail if this bid wasn’t approved, would it have a knock on effect on service, will patients/staff morale be effected?
- Has alternative funding been sought? – has mainstream funding been reviewed, has a capital bid been submitted, have alternative charitable funds been sought?
- Is the bid value for money?
- Has a full breakdown of funding required been provided?
- Is the bid self-sustainable or is recurrent funding required?
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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:
- Control, manage and monitor the use of the fund’s resources
- Provide support, guidance and encouragement for all its income raising activities whilst managing and monitoring the receipt of all income.
- Ensure that ‘best practice’ is followed in the conduct of all its affairs fulfilling all of its legal responsibilities.
- Ensure that the approved Investment Policy approved by the NHS Trust Board as Corporate trustee is adhered to and that performance is continually reviewed whilst being aware of ethical considerations.
- Keep the Trust Board informed on the activity, performance and risks of the Charity.
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:
- select suitable accounting policies and then apply them consistently;
- make judgments and estimates that are reasonable and prudent;
- state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the accounts; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue to exist.
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:
- the charity is operating efficiently and effectively;
- its assets are safeguarded against unauthorised use or disposition;
- proper records are maintained and financial information used within the charity or for publication is reliable;
- the charity complies with relevant laws and regulations.
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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:
- 1) accounting records were not kept in respect of the Charity as required by section 130 of the Act; or
- 2) the accounts do not accord with those records; or
- 3) the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair’ view which is not a matter considered as part of an independent examination.
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.
24
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:
25
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.
26
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 t0*mntsfmfft:
Do{tN5 arKI Legac5
OtTtrar¥a1mte5
453129
13J07
26978
56.IfAJ
101.189
13.307
27,627
649
Totsl Inwffl•
.3
09 142,123
ExpwMllWM on:
Ra1sir¥fyts
CharitaL4ektMt
70,143
46J71
70.143
54,187
7316
Totsl Wdltur•
117.014
7316
124,330
N•1 ¢(E4*dI1*> 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 I03T
Totsl fvnd5 urrled lonwnl
288.712
104.448
153,941
393,160
436,271
36