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2022-03-31-accounts

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Company Number: 04727353 Charity Number: 1099082

Waltham Forest Black People's Mental Health Association

Financial Statements

For the Year Ended

31 March 2022

Augustus & Co Chartered Certified Accountants

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Waltham Forest Black People's Mental Health Association

Index

Page Contents

1 , Legal and Administrative Administrative Details 2-6 Directors’ Report 7-8 Independent Examiner’s Report 9 Statement of Financial Activities 10 Balance Sheet 11-16 Notes to Accounts

Legal and Administrative Administrative Details

Waltham Forest Black People's Mental Health Association

Legal and Administrative Details

Status

The Company was incorporated as a company limited by guarantee on 8 April 2003 and registered as a charity on the same date. The Company took over the assets and liabilities of a previously unincorporated charity, Waltham Forest Black People’s Mental Health Association with charity number 1027227 on incorporation.

Directors Kathieen Wilson (Chair) Veline Green (Treasurer) John Barzey (Secretary) Bankers Co-Operative Bank Bank

Bankers Co-Operative Bank Bank Independent Examiner A. A Boafo Brewu FCCA. MBA Augustus & Co Chartered Certified Accountant ' 374 Ley Street Ilford Essex 1G1 4AE

Charity Offices 2 Priory Avenue Walthamstow London E17 7QP Charity Number: 1099082 Company Number: 04727353

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Waltham Forest Black People's Mental Health Association

Directors Report

The trustees are pleased to present their annual directors’ report together with the financial statements of the charity for the year ended 31 March 2022 which are also prepared to meet the requirements for a directors’ report and accounts for Companies Act purposes.

The financial statements comply with the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association, 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 (FRS 102) (effective 1 January 2015).

Aims and Objects of the Company

Waltham Forest Black People's Mental Health Association is a voluntary sector organisation. The Association is funded by Waltham Forest Social Services and managed by a committee made up of volunteers and service users. It was incorporated on 8 April 2003 as a charitable company limited by guarantee. On that date, it took over the assets and liabilities of an existing unincorporated charity with the same name.

The Association is established:

  1. To promote the preservation of mental health and to assist in relieving and rehabilitating persons suffering from mental disorder or conditions of emotional or'mental distress requiring advice or treatment in the London Borough of Waltham Forest particularly persons of African, Caribbean or Asian descent or of other ethnic or national groups in the said area of benefit.

  2. To assist such persons to realise their full potential to lead fulfilling lives in particular by the provision of services to:

  3. e Assist such a person to obtain his or her full rights and privileges as a citizen and e Provide advice to such persons.

How Onur Activities Deliver Public Benefit

Our main activities and who we try to help are as described in objectives and activities. All our charitable activities focus on these objectives to further our charitable purposes for the public benefit.

Financial Review

The financial position of the charity at the end of the financial year is as detailed in the attached financial statements. The charity’s income for the year was £189,970.

Activities During the Year

As reported, last year due to the covid restrictions, the effects on service users and covers death and illnesses BPMHA has not fully recovered.

We have many activities, which are always user inspired. Health watch is an integral programme, relevant topics are explored in depth i.e. diabetes, cancer, hypertension, medication, healthy living, just to name a few. These have been an ever increasing diagnosis as diabetes, hypertension and perhaps other age related illnesses. Mental ill health however continues to be our main challenges.

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Waltham Forest Black People’s Mental Health Association

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Lunch Provision and Attendance

The provision of daily midday meals playa vital role in the wellbeing of service users and has been a key aspect of services users provided by the centre. For many service users this is their main meal of the day, snacks and drinks are also provided. A total of 2615 lunch attendances by service users were recorded during the year under review. Lunches re comparison to total users attendances of 2862. The quarterly figures for lunch attendances are as follows:

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April—June | July—Sept 21 | Oct-Dec 21 Yearly Total
21 22
Service User | 752 731 790 589 2862
Attendance
Lunch 697 735 702 481 2615
Attendances
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Regular Activities

The year April 2021 — March 2022 saw an extensive range of activities and in home events. These activities, included those listed below are regular occurrences in the centre organised daily or weekly for the benefit of service users:

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Other Activities

Waltham Forest Black Peoples Mental Health Association will continue to provide comprehensive day opportunities, support and advocacy services to adults with mental health problems living in Waltham Forest and the surrounding London Boroughs. A daily charge is administered.

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Waltham Forest Black People’s Mental Health Association

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In addition to the regular activities, the Association also organised a number of one-off activities and inhouse events for service users. These included celebrating our Cultural Evening, Poetry writing sessions, socials, Black History Month and World Mental Health Day.

Along with these, BPMHA services users and carers also engaged in events, groups activities such as inhouse fun days and quizzes were also staged for the enjoyment of service users.

Carers:

We continue to help and support carers, where possible.

Conclusion:

This year WFBPMHA supported its service users and carers referred from teams across the borough. We monitor and evaluate our services through a Bi-Annual review of activities as well as 6 — 12 weekly individual care reviews with users.

Future Plans

BPMHA continues to develop and implement a self-sustaining service model that will deliver a high quality care whilst meeting a range of needs.

Directors

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The following served as directors and on the committee during the year covered by these accounts:

Kathleen Wilson (chair)

Veline Green (Treasurer)

John Barzey (Secretary) Gerda Cooper (Ordinary Member) William Bailey (Ordinary Member) Tensie Gordon (Ordinary Member) ;

The directors and committee members at the time the financial statement were approved are as follows:

Kathleen Wilson (Chair) Veline Green (Treasurer) John Barzey (Secretary) Gerda Cooper (Ordinary Member) William Bailey (Ordinary Member) Tensie Gordon (Ordinary Member)

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Waltham Forest Black People's Mental Health Association

Directors’ Responsibilities

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

Company law requires the directors to prepare financial statements for each financial period. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company Jaw the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the surplus or deficit of the company for that period.

In preparing these financial statements, the directors are required to:

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and to enable them to ensure that the Financial Statements comply with the Company Act 2006. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for prevention and detection of fraud and other irregularities.

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

Directors Selection Method

The directors are elected at each annual general meeting for a term of two years.

Officers within the directors are nominated and voted on by all the directors.

Reserves Policy

At 31 March 2022, there were free unrestricted reserves of £11,250 which will be used to support the organisation’s activities.

The directors consider this amount not adequate to meet 3 to 6 months expenditure. We are actively seeking to raise more to increase the amount of free reserves.

A designated reserve of £50,000 has been set up to enable the orderly closure of the charity should this be necessary. If in the unlikely eventuality that the organisation had to close, 3 months salaries and running costs are sometimes used by charities as a reasonable figure to provide an orderly closure.

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Waltham Forest Black People's Mental HealthAssociation

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Risk Review

The major external risk to which the organisation is exposed is lack offunding. Thecommittee is constantly reviewing this area to ensure the continuity ofthe organisation. Internal risks are minimised by the implementation ofprocedures for authorisation/approval of all transactions.

Decision Making Making

Decision Making Making / The directors meet about once every month to review the progress ofthe organisation and to make any decisions that are needed to keep it in pursuit of its objectives.

Contribution ofVolunteers

During the year the Association relied on the services ofvolunteers in the areas ofadministration, reception and working with users.

Independent Examination.

The directors propose to re appoint the current accountant to undertake the independent examination inthe following year. This report has been prepared in accordance with the provisions applicable to companies subjectto the small companies’ regime.

This report was approved by the board on 1-December 2022 and signed on their behalfby:

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. YVeline Green . (Treasurer)

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Waltham Forest Black People's Mental Health Association

Independent Examiner’s Report to the Directors of Waltham Forest Black People’s Mental Health

Association

I report to the trustees (who are also Directors for the purpose of company law) on my examination of the financial statements of Waltham Forest Black People’s Mental Health Association (‘the charitable company’) for the year ended 31 March 2022 which comprise the Statement of Financial Activities, the Balance Sheet and related notes.

This report is made solely to the charity’s trustees, as a body, in accordance with section 145 of the Charities Act 2011. My work has been undertaken so that I might state to the charity’s trustees those matters I am required to state to them in this report and for no other purpose. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the charity and the charity’s trustees as a body, for my work, for this report, or for the opinions I have formed.

’ Responsibilities and basis of report

As the trustees of charitable company you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the financial statements of the charitable company are not required to be audited under Part 16 of the Act and are eligible for independent examination, | report in respect of my examination of the charitable company’s financial statements carried out under section 145 of the Charities Act 2011 (‘the 2011 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 2011 Act.

An independent examination does not involve gathering all the evidence that would be required in an audit and consequently does not cover all the matters that an auditor considers in giving their opinion on the financial statements. The planning and conduct of an audit goes beyond the limited assurance that an independent examination can provide. Consequently I express no opinion as to whether the financial statements present a ‘true and fair’ view and my[report][is][limited][to][those][specific][matters][set][out][in][the] independent examiner’s statement.

Independent examiner’s statement

If the charitable company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. The income was below this threshold. I confirm that I am qualified to undertake the examination because I am a member of ACCA, which is one of the listed bodies.

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:

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Waltham Forest Black People's Mental Health Association

I have no concerns and have come across no other matters in gomnedifon with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to berw AA Boafo-Brewu (FCCA MBA) 374 Ley Street Ilford Augustus & Co Essex IG] 4AE

Dated: 2% December 2022

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Waltham Forest Black People's Mental Health Association Statement Of Financial Activities (Including Income and Expenditure Account) Year Ended 31 March 2022

2022 2021
Note Unrestricted Designated Restricted Total Total
z £ £ £
Incoming Resources 2
Incoming resources from ;
charitable activities:
Donations 2.4 20,629 20,629 102821
Earned income 2.2 158,691 158,691 66013
Otherincomingresources 23 10,033 10,033 5497
Investmentincome 617 617 0
-Total IncomingResources 0 0 189,970 189,970 174,331
Expenditure
Charitable activities 3 183,985 183,985 183,092
TotalExpenditure 0 0 183,985 183,985 183,092
Net income/(expenditure)andnet 0 0 5,985 5,985 -8,761
movements in funds fortheyear
Reconciliation offunds
Total funds broughtforward 1 April 2021 303942 50000 121816 475758 484519
TotalFundsCarriedForwardat31/03/2022 303942 50000 127801 481743 475758

The notes on pages 11 to 16 form part of these financial statements.

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Walthant Forest Black People’s Mental Health Association

BalanceSheet BalanceSheet
YearEnded Ended31March2022 .
Note 2022
£		 2021
£
FixedAssets
Tangible Assets		 9 _323,375
323375		 __323,375_
323375
CurrentAssets
Debtors
CashatBankandinHand		 Hand 10 26,024
144,574
"170,598		 -
___128,559
128,559
Creditors:
:
Amountsfallingduewithinone		 oneyear 11 12,230
12,230		 . : , gh a es
=
NetCurrentAssets Se
158,368		 ae
128,559
TotalAssetsLessCurrentLiabilities Liabilities 481,743 451,934
NetAssets 481,743 451,934
RepresentedBy:
RestrictedFunds
DesignatedFunds
UnrestrictedFunds		 12
13
13		 127,803
50,000
303,942
481,783		 121,816
50,000
303,942
975,758

The company was entitled to exemption from audit under s477 ofthe Companies Act 2006 relating to small companies.

The members have not required the company to obtain an. audit in accordance with section 476 ofthe Companies Act 2006.

The directors/trustees acknowledge their responsibilties for’tomplying with the requirements of the Companies Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the provisions applicable to small companies subject to the small companies regime and in accordance with FRS102 SORP

The financial statements were approved by the trustees on? December 2022 and signed on its behalf by

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(Chair)Kathleen Wilson Z LTf = (Treasurer)Veline Green a {reo
Registration number: 04727353
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The notes on pages 11 to 16 form part of these financial statements.

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Waltham Forest Black Peopie's Mental Health Association

Notes To Accounts

Year Ended 31 March 2022

1. Accounting Policies

1.1 Accounting Convention

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

1.2 Incoming Resources

Income are the amounts due for the year whether or not actually received in the year.

Donations and other incoming resources are the actual amounts received in the year.

1.3 Depreciation

Depreciation is provided at rates calculated to write off the cost or valuation, less estimated residual value of each asset over the expected useful life as follows:

Furniture, Fixtures & Equipment - 20% on cost. Kitchen Equipment - 10% on cost. Freehold Property - nil.

Items of expenditure are capitalised when purchase price exceeds £500.

The trustees have reviewed freehold land and building and consider the carrying value of the building is equal to or below its residual value. They have therefore not provided depreciation on the building in the current financial year.

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Waltham Forest Black People's Mental Health Association

Notes To Accounts Year Ended 31 March 2022

1.4 Capital Grants

Capital grants are treated in accordance with the SORP, they are recognised as incoming resources on receipt.

1.5 Restricted Funds

Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets this criteria is charged to the fund.

1.6 Unrestricted Funds

Unrestricted funds are donations and other incoming resources receivable or generated for the objects of the charity without further specified purposes and are available as general funds.

1.7 Pension

The pension costs charged in the financial statements represent the contributions payable by the organisation.

2 Incoming resources

2.1 Incoming resources from activities to further the charity's objects

Unrestricted Restricted 2022 2021
Total Total
£ £ £ £
2.2 Earned Income
Directpayments 158691 158,691 66,013
0 158,691 158,691 66,013

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Waltham Forest Black People's Mental Health Association

2.3 Other Incoming Resources

Notes To Accounts

Year Ended 31 March 2022

2.3
Other Incoming ResourcesResources
Unrestricted Restricted 2022 2021
Total Total
i £ £ £
Contribution Towards Activities
Membership
Other Income
LuncheonClub 10,033 10,033 5,497
10,033 10,033 5,497
2.4
Donations
Unrestricted Restricted 2022 2021
Total Total
£ £ £ £
Fundraising 1,433 ‘1,433 1,298
Sustainability Grant 7,600 7,600 56,877
HMRC- FurloughGrant 11,237 11,237 44,646
Other Income 59 59
Membership 300 300
20,629 20,629 102,821
3.
Charitable actvities
Unrestricted Restricted 2022 2021
Total Total
£ £ s £
Activities (Before Contributions) 22 22 381
Clients' Welfare 173 173 314
LuncheonClub 5,627 5,627 2,597
Salaries 122,253 122,253 121,351
Employers' National Insurance 9,491 9,491 9,165
StaffPension Costs 16,124 16,124 15,873
Volunteers Expenses 60 60
Insurance 9,936 9,936 9,423
Light&Heat 2,914 2,914 2,807
Cleaning 2,492 2,492 6,068
Repairs andMaintenance 4,089 4,089 4,247
Printing, Postage and Stationery 234 234 530
SupportWorker -Cook 2,840 2,840 1,923
Telephone 3,025 3,025 3,728
ComputerRunning Expenses 1175 1,175 911
Hire ofEquipment 328 328 366
Management Expenses 200 200
Materials andConsumables 357 357 373
TravellingExpenses 63 63 70
TV Licence 159 159 158
General Expenses 337 337 558
Governance costs (seenote 4) 2,086 2,086 2086
Subscriptions 0 163
0 183,985 183,985 183,092

Of the £183,092 expenditure in 2021, all of it was charged to unrestricted funds.

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Waltham Forest Black People's Mental Health Association

Notes To Accounts Year Ended 31 March 2022

. Unrestricted Restricted 2022 2021
£ £ £ £
4
Governance costs
Legal&Professional 576 576 576
Accountancy 1,500 1,500 1,500
BankCharges 10 10 10
0 2,086 2,086 2,086
5
Net income/(expenditure) fortheyear
2022 2021
This isstated aftercharging
Accountancy services 1,500 1,500
6
StaffCosts
° 2022 2021
£ £
Salaries 122,253 121,351
Employer's NationalInsurance 9,491 9,165
Employer's Pension Costs 16,124 15,873
147,868 146,389
Noemployeeearned inexcessof£60,000.
The averagenumber ofemployeeswas 7 9
7 9

The amount paid to key management personnel included in salaries was £37,762. The trustees are considered as key management personnel but none of.them receives a salary.

7 Directors

The directors received no remuneration for their services and are not reimbursed for their expenses.

8 Pension Costs

The charity operates a defined contribution pension scheme. The scheme and its assets are held by independent managers. The pension charge represents contributions due from the charity and amounted to £16,124 (2021 - £15,873).

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Waltham Forest Black People's Mental Health Association

Notes To Accounts Year Ended 31 March 2022

9 Fixed Assets

9
Fixed Assets
Furniture
Fixtures& Freehold Kitchen
Equipment Property Equipment Total
E Bes £ £
Cost
-
;
At 1April2021 60,301 351,495 46,282 458,078
Addition
At31 March2022 60,301 351,495 46,282 458,078
Depreciation
At 1 April2021 60,301 28,120 46,282 134,703
Charge fortheyear
At31 March2022		 60,301 28,120 46,282 0
134,703
NetBookValue
At31 March2022 0 323,375 0 323,375
At31March2021 0 323,375 0 323,375

The freehold property is subject to a charge from Waltham Forest Health Authority.

2022 2021
zi £
10 Debtors
Trade debtors 25,999 35,759
IncomeTaxRecoverable 25 25
26,024 35,784

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Notes To Accounts Year Ended 31 March 2021

11. Creditors: Amounts falling due within one year

: 2022 2021
£ E
Trade Creditors 10,730 10460
Accruals 1,500 1500
12,230 11,960
12. Restricted Funds Balance Movement inResources Resources ° Fixed Balance
at 1 April Asset at31 March
2021 Incoming Outgoing Purchase 2022
£ £ £ £
General Funding 64,344 189,970 183,985 70,329
RespiteHome 3,604 3,604
Clients' Holidays 16,895 16,895
Equipment Purchase andProperty Repairs 6,290 6,290
Fixed Assets 30,683 30,683
121,816 189,970 —183,985 0 127,801

Restricted funds represent funds received for specific purposes. Any balance at the year end is committed and will be used for the same purpose in the following year. As shown in note 13, at 31 March 2022, there were sufficient cash resources to meet the requirements of the fund.

13. Analysis ofNetAssets Between Funds
Restricted Unrestricted Designated Total
£ £ £ £
Current Assets 97,118 11,250 50,000 158,368
FixedAssets Assets 30,683 292,692 323,375
127,801 303,942 50,000 481,743

Designated Fund

This is a fund set up to cover the cost of closing the charity if it ever becomes necessary.

  1. ‘Related Party Disclosures

There are no related party transactions for the year ended 31 March 2021

15. _Legal status of the charity

The charity is a company limited by gurantee and has no share capital. In the event of the charity being wound up, the liability in respect of the gurantee is limited to £1 per member of the charity

  1. Corporation Tax

The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable activities.

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