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← Manchester Mind

2024-03-31-accounts

Charity number 1102058 Company number 4738057

Manchester Mind

(a company limited by guarantee)

Annual report and

Financial statements

For the year ended 31 March 2024

Manchester Mind (a company limited by guarantee)

Page
Reference and administrative information 2
Directors’ report
Structure, governance and management 3
Objectives and activities 6
Achievements and performance 8
Financial review 13
Plans for future periods 17
Statement of Directors’ responsibilities 18
Independent auditor’s report 20
Financial statements
Statement of financial activities 24
Balance sheet 25
Statement of cash flows 26
Notes to the financial statements 27

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Manchester Mind (a company limited by guarantee)

Reference and administrative information

Charity number 1102058 Company number 4738057 Registered office Zion Community Resource Centre, 339 Stretford Road, Manchester, M15 4ZY

Directors and trustees

The Directors, who are also the charity’s trustees under charity law, were as follows:

Mrs Rachel Pearson (Chair)
Ms E Bloomfield (Vice-Chair)
Ms J Bytheway (retired 14.06.23)
Miss Rhian Williams-Cooke
Ms Teresa Wilson
Ms A Ince-Brown (retired 12.07.23)
Mr N O’Donovan (retired 14.06.23)
Mr David Milne (Secretary) (retired 31.01.24)
Mr Simon Farr (Treasurer)
Miss Lindsay Cassie (appointed 31.01.24)
Mr Andrew Hurst (appointed 31.01.24)
Mrs Chantelle Deane (appointed 31.01.24)
Mr Hamza Rana (appointed 31.01.24)
Miss Zainab Hashmi (appointed 31.01.24)
Miss Natalie Harris (appointed 31.01.24)
Principal staff
Ms E Simpson Chief Executive Officer (CEO)
Ms Clare Abbott Operations Director
Mrs Anna Benjumea Finance Manager
Ms Kay Ward People and Wellbeing Manager
Mr D Gratton Office Manager
Auditors Slade & Cooper Limited,
46-50 Oldham Street,
Manchester M4 1LE
Bankers Co-operative Bank 3rd Floor,
1 Balloon Street Manchester M60 4EP
Solicitors Neil Myerson, The Cottages, Regent Road, Altrincham,
WA14 1RX

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Manchester Mind

(a company limited by guarantee)

Directors’ report for the year ended 31 March 2024

The Board presents its annual report and the audited financial statements for the year ended 31 March 2024. Included within the trustees’ report is the directors’ report as required by company law.

Reference and administrative information set out on page 2 forms part of this report. The financial statements comply with current statutory requirements, the memorandum and articles of association and the Statement of Recommended Practice - Accounting and Reporting by Charities: SORP applicable to charities preparing their accounts in accordance with FRS 102.

Structure, governance and management

Constitution

Manchester Mind is a charitable company limited by guarantee, incorporated on 17 April 2003 and registered as a charity on 11 February 2004. The charity is governed by its memorandum and articles of association, which outlines its objects and powers.

The charity was originally established as the Hulme Advocacy and Research Project (then Health Advocacy Research Project) under a written constitution in 1989. In 2011, the charity changed its name to Manchester Mind on becoming an affiliate member of the national Mind network.

In the event of the charity being wound up, members are required to contribute an amount of £1. As at 31 March 2024, the charity had 100 members.

The charity had a subsidiary, Good Mood Food Catering Limited (GMF, company number 05391417), which was established as a company limited by guarantee on 14 March 2005. GMF provided outside catering services until its trade and assets of GMF were transferred to Manchester Mind on 1 April 2017. It previously reported quarterly on its activity and financial performance to the Finance SubCommittee and the Board. Good Mood Food Catering Ltd was dissolved on 19 March 2024.

The Board

The Board comprises a minimum of three Directors with no maximum. As at 31 March 2024 there were 11 Directors on the Board.

The Directors are responsible for decisions regarding strategic direction and policy formation. Dayto-day management of the charity’s affairs is delegated to the Chief Executive Officer and management team including the Operations Director, Finance Manager, People and Wellbeing Manager, four service managers, a training manager and a fundraising manager who follow a scheme of delegation set out in the terms of reference. The trustees meet quarterly and delegate oversight to 4 sub-committees.

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Manchester Mind (a company limited by guarantee)

Directors’ report for the year ended 31 March 2024

Sub-Committees

The Trustees have a system of Sub-Committees which enables greater oversight of finances, operations, governance strategy and risk and finally people and wellbeing.

There is also a Remuneration Committee made up of the Chair, Treasurer, one Trustee and the Chief Executive Officer. The Committee meets when required if a pay rise is to be discussed or a member of staff requests their salary be regraded. The Charity awarded a cost of living salary increase of 3% for the second year. If an inflationary increase is proposed this is initially reviewed as part of the budgeting process and overseen by the Finance-Sub-committee to assess affordability, with a recommendation made to the Trustees. Any request for a salary increase is investigated and benchmarked against other roles and a report is submitted to the Remuneration Committee for consideration.

The sub-committees provide a forum for more detailed review and discussion of relevant issues drawing on the specific expertise of members. Each sub-committee has terms of reference, which sets out any delegated authorities as well as matters where the committee will make recommendations for the Board’s approval. Each sub-group comprises of selected trustees and members of staff and senior managers. Each sub-group is provided with a report provided by staff, so that services, performance and finances can be reviewed and receive oversight.

This system strengthens our oversight and ensures that the trustees receive information from various parts of the charity.

All committees met quarterly. This year the remuneration committee met once.

Appointment of Directors

Directors are appointed by ordinary resolution or at the Annual General Meeting (AGM), subject to satisfactory references and an enhanced Disclosure and Barring Service check.

At the AGM, one third of Directors must retire from office but can be put forward for reappointment.

Appointments to the roles of Chair, Vice Chair and Treasurer are by vote at the AGM.

We aim to recruit trustees from a diverse range of backgrounds with the skills and knowledge the Board needs. This includes young trustees, trustees from global majority communities and trustees with personal experience of mental health issues and who together can use their experiences to help the charity meet the needs of the people we are supporting. Five new trustees attended their first board meeting in June 2023 at a face to face meeting so we were better able to provide a warm welcome.

Directors’ induction and training

On appointment, Directors receive an induction pack consisting of:

· Memorandum and articles of association

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Manchester Mind (a company limited by guarantee)

Directors’ report for the year ended 31 March 2024

New directors are invited to meet staff and visit our projects to build their understanding of the charity. We also assign a mentor from the existing Board to provide additional one-to-one support.

Directors have an annual appraisal and are encouraged to attend appropriate external training.

There is a trustee away day usually held yearly.

There are also two additional board meetings a year in January and July which are specifically to review strategy and board development.

National Mind network

Manchester Mind is an independent charity, free to provide services in line with its objectives and the needs of service users.

Manchester Mind also enjoys the benefits of being affiliated to National Mind and is part of a network of 105 local minds, whilst remaining an independent charity. As part of our community partnership agreement we sign up to regular quality reviews against the Mind Quality Standards (MQM). We also align to the Mind brand guidelines which is beneficial to us having that recognisable brand to promote what we do.

Partnerships

Delivering services in partnership is important to us – it extends our reach and we are able to learn from others and share skills and strengths. In 2023/24 we continued our partnerships:

Big Manchester with Barnardo’s; CGL and Pankhurst Trust incorporating Manchester Women’s Aid - continuing to deliver a unique and collaborative whole family approach to supporting parents and children.

Manchester Volunteer Advice Partnership continued to operate with Cheetham Hill Advice Centre, Manchester Refugee Support Network and Greater Manchester Immigration Aid Unit.

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Manchester Mind

(a company limited by guarantee)

Directors’ report for the year ended 31 March 2024

We worked with Greater Manchester Mental Health Trust in a number of ways: in the delivery of community services within the Community Mental Health Teams; in supporting the discharge of people being discharged from Community Services and supporting the delivery of Improving Physical Health checks across the GMMH footprint. We also became part of a collaboration to deliver Living Well – a new mental health service.

We worked with colleagues in local Greater Manchester Minds to deliver multi-faceted menopause support – mainly to women in work and within racialised communities.

We have continued to work with 42nd Street, Mind in Salford and Self Help Services in the delivery of an Integrated Community Response Service to young people which is now mainstreamed.

With 42nd Street and a range of other providers to deliver M-Thrive – in particular delivering mental health support in schools and Manchester Mind delivered across 8 schools in Manchester.

We have built strong networks across Manchester in order to enable strong referral pathways so that it becomes easier for people to find help.

Objectives and activities

Purpose

Manchester Mind’s purpose as set out in the memorandum and articles of association is:

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

To promote the study of and research into mental health disorder and emotional or mental distress, and to obtain and make records of and disseminate to the public the useful results of such research and to educate the public in matters relating to mental health

Strategic aims

We launched our new strategic plan during the year.

Making it Easier for People to ask for help.

Our strategy was based on what people told us – that finding and accessing help was really difficult and could take a long time and therefore in the time it took mental health could deteriorate.

The main question we ask ourselves now is how is this making it easier for people to ask for help. Everyone is connected to our strategy.

The strategy is arranged around four clear pieces of work:

People – ensuring everyone who work and volunteers for us have everything they need in order to deliver their duties e.g. a safe place to work, supervision, training and development.

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Manchester Mind

(a company limited by guarantee)

Directors’ report for the year ended 31 March 2024

A Whole Person Approach – maintaining our commitment to developing trauma informed services which focus on a connected approach to our delivery

Influence – being able to use our position to influence mental health strategies and services as well as supporting people with personal experience of mental health problems to also use their experience to influence developments.

Being Well Run – we are unable to do anything unless we are compliant with all our obligations and having enough money to deliver services.

These areas of work provided the framework for what we would do during this year.

We had a successful first year of our strategy with key developments under each of the four areas of work. E.g

We revamped our welcome and probation policies for staff

We produced a welcome pack for volunteers

Staff received regular training

Improved our internal team communications.

We ensured all projects were funded

We developed a new and improved access point for people asking for help which has been transformative

We continued our adult counselling pilot

We are present across Manchester helping to give a voice to people with mental health issues.

Our income from fundraising increased from the previous year

We welcomed six new trustees to our board.

In terms of numbers:

In 2023/24 we had contact with over 11,000 people across all our services – this was an increase on the previous year of 22% (2022/23: 9,000) This indicates the growth in services, in demand and need.

Number of services

We also started to work with a partnership with Manchester city council, TLC and CGL in the development of a new service called Thriving Families and working in the city council Early Help service to improve support to families under stress.

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Manchester Mind (a company limited by guarantee)

Directors’ report for the year ended 31 March 2024

We relaunched our Listening Ear service and we had our first full year of an adult counselling service.

Monitoring:

Ensuring that our trustees have full sight of the implementation of the strategy and compliance is important. In order to ensure this the CEO provides a report to each quarterly board meeting – a change to the format sees key risks being pulled out for trustees to be aware of. Reports are also presented to each of the sub-committees which provides more rounded views of the activities across the charity.

Senior Managers together with the support of the Operations Director provide quarterly detailed reports to present to operations sub group/finance sub-group/governance strategy and risk group and the people and wellbeing group.

Delivering public benefit

We have given due consideration to the Charity Commission’s guidance on the public benefit requirement under the Charities Act 2011 in determining the activities of the organisation.

We try to make our services accessible – indeed our strategy is about Making it Easier to Ask for Help and so we do not have stringent referral criteria unless specified by the particular funding body, for example some counselling is provided to young people only as this is a condition of the funding grant.

Identifiable benefits

We collect quantitative and qualitative information on the number and diversity of people accessing our services, and the resulting impact of our services. This has improved during this year and has given us valuable data on which to plan future services.

Achievements and performance

This year through the launch of additional services and improving access through our telephone and emails we have increased the number of people we have had contact with to over 11,000 which has increased from 9,000. Our advice team generated over £1.6 million in additional income and reduced debt.

The vast majority of our work is carried out face to face but the ability to deliver remotely has been maintained to enable greater choice. Another key achievement includes embedding our Welcome Team – ensuring that people contacting us have a warm, consistent welcome and referrals are handled quickly and smoothly with services better connected. The team have become a hub and have been successful at improving the speed of response to people and connecting them with our own services and those external. This year they have answered 3,379 calls and emails. A 1,000 more than the previous year.

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Manchester Mind (a company limited by guarantee)

Directors’ report for the year ended 31 March 2024

Volunteering

Volunteering remains an important aspect of our work – volunteering provides an important service to enable people to build skills and contribute and also is vital for the charity to extend our reach but also inform service design and delivery. This year we achieved the Investing in Volunteer Quality Mark and completed the development of a very well received volunteer handbook.

In 2023/24 we worked with 80 (2022/23: 57) volunteers across all our service delivery and volunteers contributed 2,100 hours (2022/23 3,420).

Children and Young Peoples Work (CYP)

Our CYP service has continued to offer vital support to young people both in and out of school.

In total we supported 1,142 young people (2022/23: 1,715) with one to one support; counselling and peer support.

Employer Training

Our training performed well but also made a small loss. This was in part to additional costs brought about by provision of maternity cover and a contract ending.

Marketing and Communications

Marketing and Communications is important as it helps the whole charity connect and promote not just our services but resources and positive messages around mental health. We commit to those messages particularly around key dates such as Mental Health Awareness Week; World Mental Health Day; Suicide Awareness Day etc. We provide quarterly newsletters both internally and externally and utilise our position to tell people’s stories about the impact of their mental health and to challenge stigma and discrimination. We have developed on our website a wellbeing hub with lots of resources for visitors to our site to use.

Beliefs and Values

Our beliefs and values are still incredibly important to us and we provide workshops for staff to attend and work through issues using the values lens, so embedding our values and beliefs in our work.

We have also implemented values workshops as part of staff inductions.

Our Values :

Openness: being receptive to, and appreciative of, the skills, talents and perspectives of everyone

Belonging: developing kind relationships that lead to feeling accepted, understood and able to contribute

Strength: recognising and developing potential in others and ourselves, enabling resilience

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Manchester Mind (a company limited by guarantee)

Directors’ report for the year ended 31 March 2024

Collaboration: generous sharing of our resources, skills and talents enabled by clear and meaningful communication

Fundraising

Fundraising continued to recover this year due to the creative and committed people across our City who want to actively support our services. We raised £366,418 in comparison to the previous year’s £349,250.

As a charity we are registered with the Fundraising Regulator and adhere to their regulations, policies and guidance with regard to community and corporate fundraising which is still our main focus. We also abide by the Charity Commission fundraising guidance and regulations and by the Mind fundraising standards Our activities are overseen and monitored by the Fundraising Manager in association with the Marketing and Communications Manager. The Fundraising Manager reports into the Finance Sub Committee on a quarterly basis.

This process is internally regulated and monitored by the Fundraising Manager using the following:

There have been no instances where Manchester Mind have failed to comply with any of the above guidance.

We regularly work with volunteers during the year to support our fundraising.

In the past we have hosted two annual city-centre collections (1 day in May, 1 day in October) where cash donations are collected by volunteers and we started this again in 2022. The process we use is as follows:

Volunteers are colleagues from corporate “charity of the year” partnerships.

Our Fundraising Manager co-ordinates all corporate volunteering for our charity

Charity street collections require an application to be submitted to Manchester City Council before a permit is issued.

As well as undertaking a charity event risk assessment, with full insurance documentation, we issue volunteer briefing documents in advance of the event. We always secure a central city-centre office for the day to serve as our Volunteer HQ.

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Manchester Mind (a company limited by guarantee)

Directors’ report for the year ended 31 March 2024

On the day, we host 1 x 60 minute welcome and team briefing (covering ethics, health & safety, legal issues, logistics and housekeeping). Volunteers each carry a copy of the MCC permit, wear a charity tabard and take a numbered sealed bucket to collect cash. All materials are recorded as “signed out” per volunteer, with bucket numbers logged. Volunteers work in small teams per “geographical zone” within the city. Each team is visited by the fundraising manager during the course of the event.

At the end of each event, volunteers return to our HQ for debriefing. All material is recorded as “signed in” per volunteer. We then securely return the collection buckets to our Hulme office.

Our Finance Officer then opens the sealed buckets to record all monies donated at the event per volunteer. Our Fundraising Manager then records the monies per volunteer, per team and calculates the grand total. This information is recorded on the MCC collection form, which are collected within 4 weeks of the event. Each volunteer also receives a certificate of thanks and details of their individual, team and collective success within 3 days of the event.

Monies donated at each bi-annual event are then coded and added to the charity finance system (SAGE).

Charity Partners

In 2023/2024 we managed over 49 corporate partnerships, which helps generate unrestricted income. These partnerships are governed by our ethical fundraising policy and ethical investment policy. Each partner is supported by the fundraising manager for 12-24 months, based on an annual scheme of works (legal, logistic and procedural).

Charity partners have their own committees which are governed by senior managers of the company, and comply with fundraising guidance.

All monies are recorded on the charity donor database and SAGE finance accounts.

Community, Group and Individual Fundraisers

We follow a regulated schedule of stewardship (communications & administration) with all other fundraisers per donor type (in memory, regular giving, sponsored events, one off events, cause related marketing, one off donations) with activities and monies recorded via the charity donor database and SAGE finance accounts.

Compliments and Complaints

We have had no complaints from any fundraisers. We do receive a significant number of positive responses from people who value the contact, information and support they receive during the fundraising relationship.

We do not believe in ‘forceful’ fundraising. It is important to us that people choose to fundraise and support us. To this end:

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Manchester Mind

(a company limited by guarantee)

Directors’ report for the year ended 31 March 2024

We do not use direct mail campaigns for charity fundraising, nor employ any unsolicited forms of marketing to generate donations.

We only communicate with individuals who are pro-active in contacting our charity with a wish to support us via fundraising.

We do not engage with fundraisers under the age of 18 without an adult supervising their activities.

We follow charity safeguarding policies where fundraisers might have previously experienced poor mental health. We become aware if any fundraisers’ mental health worsens during their contact with us, and advise them to cancel or postpone their fundraising activities so they focus on their wellbeing, which is our main priority.

We follow all GDPR policy and procedures to ensure that people’s data is protected and we do not employ a persistent approach for the purpose of soliciting or otherwise procuring money or other property on behalf of the charity and neither do we put people under undue pressure to give money or other property.

The income from fundraising is continuing to support a range of services including:

o Advice

o Peer Support

o Food For All

o Welcome and Access Team

o Adult Counselling

Our Strategy for the coming year is to continue to maintain and build relationships with existing and new fundraisers. We want to raise money to enable our own strategy of making it easier for people to ask for help. We will hold two charity collections in Manchester during the year and our charity partners help with this. Community events were fully back up and running this year and we were back supporting all our fundraisers. All our fundraising messages are accompanied by messages to raise awareness of mental health and wellbeing. Fundraising will work closely with our Training Manger and marketing manager to build reciprocal links with businesses. All our work will follow all the above guidelines with a focus on building kind relationships.

Connections

It is important that we are visible in our local area to contribute our learning about what works for people with mental health issues and also to influence services and promote the work of the VCSE sector. Locally Manchester Mind has been involved in:

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Manchester Mind (a company limited by guarantee)

Directors’ report for the year ended 31 March 2024

Quality

We continued to improve our approach to safeguarding and again passed the NHS audit. We also maintained the NHS IG Toolkit. We once again passed cyber essentials.

Challenges in 2023/2024

The cost of living crisis for both the people we work with and also for staff continued to be a challenge.

Working for the first quarter of the year without a permanent Finance Manager which left us fully aware of a deficit (closed by the end of the year).

Uncertainty concerning the continuation of a large contract (it did continue but not certain until Q1 of the next year)

Current accommodation is not fit for purpose – in that it is too small and many rooms are in disrepair.

Financial Review

Total income for the year was £3,139,124 a £221,882 (8%) increase on prior year (2023: £2,917,242), £16,327 decrease in unrestricted income and £238,209 increase in restricted income.

Fundraising has continued to recover following the pandemic and £366,418 of income has been generated this year (2023: £349,259), an increase on prior year of £17,159 (5%).

The business model for Food For All changed during the year. We moved to a reorganisation and a renaming of the team from April 24 as Welcome and Access which will incorporate the Welcome Team. There will still be a focus on food but it will take second place to our focus on delivering mental health support.

Community services have expanded with the provision of several new projects and income of £889,178 was received (2023: £757,767).

Training income has decreased on prior year by £53,853 (43%) to £72,099 (2023: £125,952).

The Manchester Engagement Team (MET) contract with Greater Manchester Mental Health Trust remained our largest source of income at 20% of total income (22% in 2022/23), however we are continuing to work to diversify our income streams to mitigate this financial risk.

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Manchester Mind (a company limited by guarantee)

Directors’ report for the year ended 31 March 2024

The charity continues to secure new funding across all services and was successful in winning various new grants and contracts during 2023/2024.

As a service delivery organisation, staff costs are our single biggest area of expenditure. In 2023/24 expenditure on salaries totalled £2,634,833 (2023: £2,352,157).

The charity held £1,327,362 reserves at the year ending 2023/24 (2023: £1,224,303). £902,695 relates to unrestricted funds available for future use in line with the Charity’s reserves policy, and £424,667 relates to restricted funds for specific externally funded projects.

The Board had previously agreed to designate £413,443 unrestricted funds from 2022/23 to support various projects and services in 2023/24, this included £2,009 for CYP, £90,866 for various Food For All projects, £71,336 matched funding for the Advice team, £33,011 to support various Community Services projects, £26,719 to provide Adult counselling and £47,511 to support our Welcome Team. The remainder was designated to support the central management function to enable future organisational growth and sustainability.

Principal funding sources

We would like to thank our principal funders for their support in 2023/24:

Manchester Mind could not exist without this valued support.

Individual and corporate donors

We would also like to thank our individual and corporate donors for their support in 2023/24. This area of income generation has become increasingly important to support the growth of the charity. In 2023/24, 200 new people and 95 new organisations contributed to raising £366,418 funds for the charity.

We are using this funding in different ways;

Reserves policy

The reserves held by Manchester Mind fall into two primary categories: restricted and unrestricted reserves.

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Manchester Mind (a company limited by guarantee)

Directors’ report for the year ended 31 March 2024

Unrestricted reserves are divided into four sub-categories, these categories are:

The reserves are reviewed and re-valued on an annual basis as part of the annual budgeting process. The review is carried out by the Finance Sub-Committee with recommendations made to the Board on the adequacy of reserves.

Investment policy

Manchester Mind has an ethical investment policy. Manchester Mind banks with the Co-operative Bank.

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Manchester Mind (a company limited by guarantee)

Directors’ report for the year ended 31 March 2024

Risk management

The Board has overall responsibility for management of risk and operates in line with its risk management policy.

The Board, via the CEO and management team, maintains a risk register detailing the major risks we face as a charity and the systems and processes in place to mitigate these risks. The risk register is reviewed every three months at the Board. Risk is also a standing agenda item at project meetings, sub-committee meetings, Board meetings and at staff supervision meetings so risk can be considered more frequently if there is a significant change in our risk profile.

The Board also holds a strategic planning event each year, which includes an assessment of and discussion around risk.

This year the trustees reviewed our risk profile into a more user-friendly version and better able to be overseen by all the sub-committees.

Specific procedures are in place to ensure the health and safety of staff, volunteers, service users and visitors. Each project has appropriate quality standards for their work and compliance is monitored and reported on by the CEO.

Future financial strategies

Our main financial strategies for the future remain to achieve long-term financial sustainability by:

Our focus is to:

In terms of gaining greater financial stability, we are aware that there remains pressure on local authority and health budgets and that is going to be more difficult over the coming years. Therefore, our focus will continue to be about developing undesignated income streams through training and fundraising. We will look at other opportunities where services can be delivered with a longer-term plan for sustainability.

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Manchester Mind (a company limited by guarantee)

Directors’ report for the year ended 31 March 2024

Plans for future periods

Focus for 2024/2025

Manchester Mind will continue to develop and implement our strategy of Making it Easier to Ask For Help. We will continue to focus on our staff and volunteers and on embedding our trauma informed approach across our whole person approach.

We will also be looking to relocate to new premises which will help us develop our service model and be more accessible to people across Manchester.

Going Concern

The charity has a strong reserve position and has sufficient available resources, as demonstrated by the reserve policy above. We have adequate financial resources and are well placed to manage the business risks. Our planning process, including financial projections, has taken into consideration the current economic climate and its potential impact on the various sources of income and planned expenditure. The charity is constantly assessing the short and long term impact on its fundraising activities in the current climate. Our cash deposits could easily be drawn down should working capital be required. Appropriate consideration of risks as part of its normal risk management processes and mitigating actions both already taken and available to be taken. There are no other material uncertainties that call into doubt the charity’s ability to continue.

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Manchester Mind (a company limited by guarantee)

Directors’ report for the year ended 31 March 2024

Statement of Directors’ responsibilities

The Board of Directors is responsible for preparing the annual report and financial statements in accordance with applicable law and regulations. Company law requires the Directors to prepare financial statements for each financial year. Under that law the Directors have elected to prepare the financial statements in accordance with the applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Under company law, 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 group and the income and expenditure of the group for that period.

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

 select suitable accounting policies and then apply them consistently

 observe the methods and principles in the Charities SORP

 make judgements and accounting estimates that are reasonable and prudent

 state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements

 prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation

The Directors are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company’s transactions and disclose at any time the financial position of the charitable company and to enable it to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence taking reasonable steps for the prevention and detection of fraud and other irregularities.

The members of the Board who are Directors for the purposes of company law, and trustees for the purposes of charity law, who served during the year and up to the date of this report are set out on page 2.

In accordance with company law, as the company’s Directors, each member of the Board certifies that:

 so far as they are aware, there is no relevant information of which the auditor is unaware

 as Directors of the company they have taken all necessary steps to be aware of information which would be relevant for audit purposes and have communicated them to the auditor

This report has been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (FRS 102) (issued January 2015) and in accordance with the provisions applicable to companies subject to the small companies’ regime (of the Companies Act 2006).

18

Manchester Mind

(a company limited by guarantee)

Directors’ report for the year ended 31 March 2024

Auditor

Slade and Cooper were re-appointed as the auditors during the year and have expressed their willingness to continue in that capacity.

Approved by the Board and signed on its behalf by:

................................................................. Date ……………………………….. 20[th] September 2024 Rachel Pearson (Chair)

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Manchester Mind

(a company limited by guarantee)

Independent Auditor’s Report to the members and trustees of Manchester Mind

Opinion

We have audited the financial statements of Manchester Mind (the ‘charitable company’) for the year ended 31 March 2024, which comprise the Statement of Financial Activities (including the income and expenditure account), the Balance Sheet, the Statement of Cash Flows and the related notes. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 the Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

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

Conclusions relating to going concern

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

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

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

Other information

The trustees are responsible for the other information. The other information comprises the information included in the trustees’ annual report, other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are

20

Manchester Mind

(a company limited by guarantee)

Independent Auditor’s Report to the members and trustees of Manchester Mind

required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

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

Matters on which we are required to report by exception

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

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

Responsibilities of trustees

As explained more fully in the trustees’ responsibilities statement set out on page 18, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

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

21

Manchester Mind

(a company limited by guarantee)

Independent Auditor’s Report to the members and trustees of Manchester Mind

Auditor’s responsibilities for the audit of the financial statements

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

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The specific procedures for this engagement and the extent to which these are capable of detecting irregularities, including fraud is detailed below:

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

A further description of our responsibilities is available on the Financial Reporting Council’s website at: https://www.frc.org.uk/Our-Work/Audit/Audit-and-assurance/Standards-and-guidance/Standardsand-guidance-for-auditors/Auditors-responsibilities-for-audit/Description-of-auditorsresponsibilities-for-audit.aspx.

This description forms part of our auditor’s report.

22

Manchester Mind (a company limited by guarantee)

Independent Auditor’s Report to the members and trustees of Manchester Mind

Use of our report

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

Chinwe Jennifer Daniel FCCA DChA Senior Statutory Auditor

for and on behalf of Slade & Cooper Limited Statutory Auditors Beehive Mill Jersey Street Manchester M4 6JG

Date: 27[th] September 2024

Slade & Cooper Limited is eligible to act as an auditor in terms of section 1212 of the Companies Act 2006

23

Manchester Mind

Statement of Financial Activities (including Income and Expenditure account) for the year ended 31 March 2024

Unrestricted
funds
Note
£
Income from:
Donations and legacies
3
352,583
Charitable activities:
4
Advice Services
-
Children & Young People Services
109,907
Food For All
42,937
Manchester Engagement Team
627,127
Community Services
85,956
Other
10,500
5
72,099
Other income
6
-
Total income
1,301,109
Expenditure on:
Raising funds
7
150,984
Charitable activities:
8
Advice Services
46,328
Children & Young People Services
103,117
Food For All
100,974
Manchester Engagement Team
574,246
Community Services
99,686
Other
91,736
Other trading activities
9
106,900
Total expenditure
1,273,971
11
27,138
Transfer between funds
194,102
Net movement in funds for the year
221,240
Reconciliation of funds
Total funds brought forward
681,455
Total funds carried forward
902,695
Other trading activities
Net income/(expenditure) for
the year		 Restricted
funds
£
13,835
350,698
272,504
100,964
-
803,222
158,438
-
138,354
1,838,015
-
389,391
302,823
92,466
-
704,303
273,111
-
1,762,094
75,921
(194,102)
(118,181)
542,848
424,667		 Total funds
2024
£
366,418
350,698
382,411
143,901
627,127
889,178
168,938
72,099
138,354
3,139,124
150,984
435,719
405,940
193,440
574,246
803,989
364,847
106,900
3,036,065
103,059
-
103,059
1,224,303
1,327,362		 Total funds
2023
£
349,259
328,164
346,935
119,061
633,475
757,767
256,629
125,952
-
2,917,242
140,726
346,194
406,003
241,092
612,494
715,963
148,883
118,656
2,730,011
187,231
-
187,231
1,037,072
1,224,303

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

24

Manchester Mind Company number 4738057

Balance sheet as at 31 March 2024

----- Start of picture text -----
Note 2024 2023
£ £ £ £
Current assets
Stock - -
Debtors 16 316,898 435,861
Cash at bank and in hand 17 1,148,580 902,573
Total current assets 1,465,478 1,338,434
Liabilities
Creditors: amounts falling
due in less than one year 18 (138,116) (114,131)
Net current assets 1,327,362 1,224,303
Total assets less current liabilities 1,327,362 1,224,303
Creditors: amounts falling
due after more than one year - - -
Net assets 1,327,362 1,224,303
The funds of the charity:
Restricted income funds 19 424,667 542,848
Unrestricted income funds 20 902,695 681,455
Total charity funds 1,327,362 1,224,303
----- End of picture text -----

These accounts are prepared in accordance with the special provisions of part 15 of the Companies Act 2006 relating to small companies and constitute the annual accounts required by the Companies Act 2006 and are for circulation to members of the company.

The notes on pages 27 to 43 form part of these accounts.

Approved by the trustees on 20/09/2024 and signed on their behalf by:

Rachel Pearson (Trustee)

25

Manchester Mind

Statement of Cash Flows for the year ending 31 March 2024

Note
Cash provided by/(used in) operating activities
23
Cash flows from investing activities:
Dividends, interest, and rents from investments
Proceeds from sale of tangible fixed assets
Purchase of tangible fixed assets
Proceeds from sale of investments
Purchase of investments
Cash provided by/(used in) investing activities
Cash flows from financing activities:
Repayment of borrowing
Cash inflows from new borrowing
Cash provided by/(used in) financing activities
Cash and cash equivalents at the beginning of the year
Cash and cash equivalents at the end of the year
Increase/(decrease) in cash and cash
equivalents in the year		 2024
£
246,007
-
-
-
-
-
-
-
-
-
246,007
902,573
1,148,580		 2023
£
522
-
8,505
-
-
-
8,505
-
-
-
9,027
893,546
902,573

26

Manchester Mind

1 Accounting policies

Notes to the accounts for the year ended 31 March 2024

The principal accounting policies adopted, judgments and key sources of estimation uncertainty in the preparation of the financial statements are as follows:

a Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), second edition - October 2019 (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006 and UK Generally Accepted Accounting Practice.

Manchester Mind 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.

b Preparation of the accounts on a going concern basis

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

The trustees have made no key judgments which have a significant effect on the accounts.

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

c Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably.

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

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

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

d Donated services and facilities

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

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

e Interest receivable

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

27

Manchester Mind

Notes to the accounts for the year ended 31 March 2024 (continued)

f Fund accounting

Unrestricted funds are available to spend on activities that further any of the purposes of charity.

Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose.

Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity’s work or for specific projects being undertaken by the charity.

g Expenditure and irrecoverable VAT

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

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

h Allocation of support costs

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back office costs, finance, personnel, payroll and governance costs which support the charity's programmes and activities. These costs have been allocated between cost of raising funds and expenditure on charitable activities. The bases on which support costs have been allocated are set out in note 9.

i Operating leases

Operating leases are leases in which the title to the assets, and the risks and rewards of ownership, remain with the lessor. Rental charges are charged on a straight line basis over the term of the lease.

j Tangible fixed assets

Individual fixed assets costing £1,000 or more are capitalised at cost and are depreciated over their estimated useful economic lives on a straight line basis as follows:

Office fixtures and equipment

25%

28

Manchester Mind

Notes to the accounts for the year ended 31 March 2024 (continued)

k Fixed asset investments

Investments are a form of basic financial instrument and are initially recognised at their transaction value and subsequently measured at their fair value as at the balance sheet date using the closing quoted market price. The statement of financial activities includes the net gains and losses arising on revaluation and disposals throughout the year.

The Charity does not acquire put options, derivatives or other complex financial instruments.

The main form of financial risk faced by the charity is that of volatility in equity markets and investment markets due to wider economic conditions, the attitude of investors to investment risk, and changes in sentiment concerning equities and within particular sectors or sub sectors.

l Debtors

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

m Cash at bank and in hand

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

n Creditors and provisions

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

o Financial instruments

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

29

Manchester Mind

Notes to the accounts for the year ended 31 March 2024 (continued)

p Pensions

Employees of the charity are entitled to join a defined contribution ‘money purchase’ scheme. The charity’s contribution is restricted to the contributions disclosed in note 11. There were no outstanding contributions at the year end. The costs of the defined contribution scheme are included within support and governance costs and allocated to the funds of the charity using the methodology set out in note 9.

2 Legal status of the charity

The charity is a company limited by guarantee registered in England and Wales and has no share capital. In the event of the charity being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity. The registered office address is disclosed on page 1.

3 Income from donations and legacies

Current reporting period
Donations
Legacies
Donated services
Total
Previous reporting period
Donations
Legacies
Donated services
Total		 Unrestricted
£
352,583
-
-
352,583
Unrestricted
£
349,259
-
-
349,259		 Restricted
£
13,835
-
-
13,835
Restricted
£
-
-
-
-		 Total 2024
£
366,418
-
-
366,418
Total 2023
£
349,259
-
-
349,259

30

Manchester Mind

4 Income from charitable activities

Notes to the accounts for the year ended 31 March 2024 (continued)

Current reporting period
Advice Services
Our Manchester / Manchester City Council
MVAP / Big Lottery
MVAP / Manchester City Coucil
Universal Credit / National Mind
Advice Supervisor / National Mind
Park House / GMMHT
Laureate House / GMMHT
Food Bank
Mental Health Support Sessions / Lottery
IOTLS
Subtotal for Advice Services
Children & Young People Services
Positive Changes / Lottery
ICRS /NHS MCR CCG
M-Thrive / NHS MCR CCG
M-Thrive / Independent Schools
Eric Wright Trust / EWT
Eric Wright Trust / EWT
Leaving Care
Eric Wright Trust cost of living
MUFC Project
Student Union Counselling
Subtotal for Children & Young People Services
Food For All
Zion Café / Manchester City Council
Food For All / Various
Jigsaw Housing
Mental Health Support Sessions / Lottery
Beyondly Allotment Project
The D'Oyly Carte Charitable Trust
Be well - social and horticultural
Match funding
Subtotal for Food For All
Manchester Engagement Team (MET)
MET / GMMHT
Subtotal for MET
Community Services
Mums Matters / Manchester City Council
Peer Support Training Fund / NHS MCR CCG
Peer Support Volunteer Co-ordinator Co-op
MASH worker / TOG Mind
Early Help Resilience worker
Thriving Families
Discharge Support / GMMHT
Improving Physical Health CET Expanded / GMMHT
Resilience Training / Various
Subtotal for Community Services
Other
National Mind Phones
Big Manchester North / Barnardos
Big Manchester Central / Barnardos
Living Well - Peer support and lived experience
Manchester Mind Living Well
Gallagher Community Fund
Misc Income / Various
Subtotal for Other
Total		 Unrestricted
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-
59,128
-
-
48,224
-
2,555
109,907
-
20,709
-
-
-
-
-
22,228
42,937
627,127
627,127
-
85,956
-
-
-
-
-
-
-
85,956
-
-
-
-
-
10,500
10,500
876,427		 Restricted
£
57,707
108,733
41,837
-
12,295
29,013
20,356
18,324
8,088
54,345
350,698
84,140
45,834
104,599
-
30,000
-
-
-
7,931
-
272,504
42,968
-
7,500
26,124
7,000
3,500
13,872
-
100,964
-
-
46,595
1,994
36,630
54,862
11,978
92,969
523,580
34,614
803,222
-
36,597
35,958
50
84,833
1,000
-
158,438
1,685,826		 Total 2024
£
57,707
108,733
41,837
-
12,295
29,013
20,356
18,324
8,088
54,345
350,698
84,140
45,834
104,599
59,128
30,000
-
48,224
-
7,931
2,555
382,411
42,968
20,709
7,500
26,124
7,000
3,500
13,872
22,228
143,901
627,127
627,127
46,595
85,956
1,994
36,630
54,862
11,978
92,969
523,580
34,614
889,178
-
36,597
35,958
50
84,833
1,000
10,500
168,938
2,562,253

31

Manchester Mind

Notes to the accounts for the year ended 31 March 2024 (continued)

4 Income from charitable activities (continued)

Previous reporting period
Advice Services
Our Manchester / Manchester City Council
MVAP / Big Lottery
MVAP / Manchester City Coucil
Universal Credit / National Mind
Advice Supervisor / National Mind
Park House / GMMHT
Laureate House / GMMHT
Subtotal for Advice Services
Children & Young People Services
Positive Changes / Lottery
ICRS /NHS MCR CCG
M-Thrive / NHS MCR CCG
M-Thrive / Independent Schools
Reconnect Greater Manchester/ ESF
Co-op Resilience Project / National Mind
Eric Wright Trust / EWT
Leaving Care
Eric Wright Trust cost of living
Winter Discharge Fund / 42nd Street
Subtotal for Children & Young People Services
Food For All
Zion Café / Manchester City Council
Food For All / Various
Be Well - social and horticultural
Subtotal for Food For All
Manchester Engagement Team (MET)
MET / GMMHT
Subtotal for MET
Community Services
Community Training / Manchester City Council
Mums Matters / Manchester City Council
Peer Support/ National Mind
Peer Support Training Fund / NHS MCR CCG
Peer Support Volunteer Co-ordinator Co-op
MASH worker / TOG Mind
Discharge Support / GMMHT
Improving Physical Health CET / GMMHT
Improving Physical Health CET Expanded / GMMHT
Resilience Training / Various
Subtotal for Community Services
Other
Be Well / Big Life
National Mind Phones
Big Manchester North / Barnardos
Big Manchester Central / Barnardos
Living Well - Peer support and lived experience
Misc Income / Various
Subtotal for Other
Total		 Unrestricted
£
-
-
-
-
-
-
-
-
-
-
-
35,735
-
-
-
22,103
-
-
57,838
65,976
48,213
-
114,189
633,475
633,475
-
-
-
34,850
-
-
-
-
-
-
34,850
-
-
-
-
-
1,873
1,873
842,225		 Restricted
£
72,395
98,910
72,470
-
36,082
28,483
19,824
328,164
91,211
44,455
101,458
-
8,815
18,000
5,000
-
19,000
1,158
289,097
-
-
4,872
4,872
-
-
33,228
38,667
4,920
-
(1,775)
20,600
92,969
-
492,857
41,451
722,917
7,500
40,857
35,689
25,175
145,535
-
254,756
1,599,806		 Total 2023
£
72,395
98,910
72,470
-
36,082
28,483
19,824
328,164
91,211
44,455
101,458
35,735
8,815
18,000
5,000
22,103
19,000
1,158
346,935
65,976
48,213
4,872
119,061
633,475
633,475
33,228
38,667
4,920
34,850
(1,775)
20,600
92,969
-
492,857
41,451
757,767
7,500
40,857
35,689
25,175
145,535
1,873
256,629
2,442,031

32

Manchester Mind

Notes to the accounts for the year ended 31 March 2024 (continued)

5 Income from other trading activities

Mental Health Training
All income from other trading activities is unrestricted.
6
Other income
Building move
Leri Charitable Trust
Business Continuity Fund
7
Cost of raising funds
Membership scheme
Staff costs
Office Costs
Merchandise
All expenditure on cost of raising funds is unrestricted.
8
Analysis of expenditure on charitable activities
Restricted expenditure
Unrestricted expenditure
9
Cost of trading activities
Staff costs
Freelancer Costs
Office Costs
Volunteer costs
Governance costs (see note 9)
Support costs (see note 9)
Governance costs (see note 10)
Support costs (see note 10)		 2024
£
72,099
72,099
Unrestricted
£
-
-
-
2024
£
5,754
71,373
10,192
7,209
1,214
55,242
150,984
2024
£
51,141
32,350
8,467
16
321
14,605
106,900		 2023
£
125,952
125,952
Restricted
£
100,000
38,354
138,354
2023
£
6,476
60,379
4,644
1,598
1,833
65,796
140,726
2024
£
1,762,094
1,016,087
2,778,181
2023
£
41,818
51,501
5,142
6
547
19,642
118,656		 2024
£
100,000
38,354
138,354
2023
£
1,540,406
930,223
2,470,629

33

Manchester Mind

Notes to the accounts for the year ended 31 March 2024 (continued)

10 Analysis of governance and support costs

Current reporting period
Basis of
apportionment
Staff costs
Time spent
Office costs
Floor area
Audit fees
Governance
Legal and professional
Governance
Previous reporting period
Basis of
apportionment
Staff costs
Time spent
Office costs
Floor area
Audit fees
Governance
Legal and professional
Governance
11
Net income/(expenditure) for the year
This is stated after charging/(crediting):
Depreciation
Loss/(profit) on disposal of fixed assets
Interest payable
Operating lease rentals:
Property
Other
Auditor's remuneration - audit fees
Auditor's remuneration - accountancy fees
Auditor's remuneration - payroll bureau fees
Independent examiner's fee		 Support
£
347,399
89,801
-
-
437,200
Support
£
319,012
96,889
-
-
415,901
2024
£
-
-
-
59,603
-
8,100
-
-
-		 Governance
£
-
-
8,100
1,505
9,605
Governance
£
-
-
6,240
5,348
11,588
2023
£
1,173
(5,191)
-
-
70,609
-
6,240
-
-
-		 Total 2024
£
347,399
89,801
8,100
1,505
446,805
Total 2023
£
319,012
96,889
6,240
5,348
427,489

34

Manchester Mind

Notes to the accounts for the year ended 31 March 2024 (continued)

12 Staff costs

Staff costs during the year were as follows:

Wages and salaries
Social security costs
Pension costs
Redundancy and termination costs
Other staff costs
Allocated as follows:
Cost of raising funds
Charitable activities
Support costs
Other trading activities		 2024
£
2,188,209
197,040
109,565
-
140,019
2,634,833
71,373
2,164,920
347,399
51,141
2,634,833		 2023
£
1,888,318
171,503
94,923
19,118
178,295
2,352,157
60,379
1,930,948
319,012
41,818
2,352,157

One employee received remuneration (excluding employer pension contributions) that fell in the band £60,000 to £70,000 (2023: Nil).

The average number of staff employed during the period was 85 (2023: 80).

The key management personnel of the charity comprise the trustees and the Chief Executive Officer. The total employee benefits of the key management personnel of the charity were £68,064 (2023: £66,988).

13 Trustee remuneration and expenses, and related party transactions

Neither the management committee nor any persons connected with them received any remuneration during the year. One trustee received £13 of reimbursed expenses for travel costs (2023: Nil).

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

No trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the charity, including guarantees, during the year (2023: nil).

35

Manchester Mind

Notes to the accounts for the year ended 31 March 2024 (continued)

14 Government grants

The government grants recognised in the accounts were as follows:

Manchester City Council
Greater Manchester Mental Health Trust
NHS Manchester CCG
NHS Manchester ICB		 2024
£
322,548
1,323,045
236,439
84,833
1,966,865		 2023
£
304,838
1,255,295
163,084
-
1,723,217

There were no unfulfilled conditions and contingencies attaching to the grants at the year end.

15 Corporation tax

The charity is exempt from tax on income and gains falling within Chapter 3 of Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the charity.

36

Manchester Mind

Notes to the accounts for the year ended 31 March 2024 (continued)

16 Debtors

Trade debtors
Prepayments and accrued income
17
Cash at bank and in hand
Cash at bank and on hand
18
Creditors: amounts falling due within one year
Trade creditors
Other creditors and accruals
Deferred income
Taxation and social security costs		 2024
£
269,804
47,094
316,898
2024
£
1,148,580
1,148,580
2024
£
33,028
32,613
18,887
53,588
138,116		 2023
£
345,989
89,872
435,861
2023
£
902,573
902,573
2023
£
16,353
31,897
18,360
47,521
114,131

£19k deferred income relates to training income received in 2023/24 for delivery in 2024/25 (2023: £3k). £0k relates to grant income for the 2024/25 financial year (2023: £15k).

37

Manchester Mind

Notes to the accounts for the year ended 31 March 2024 (continued)

19 Analysis of movements in restricted funds

Advice Services
Our Manchester / MCC
MVAP / Big Lottery
MVAP / MCC
Universal Credit / National Mind
Advice Supervisor / National Mind
Park House / GMMHT
Laureate House / GMMHT
Food Bank
Mental Health Support Sessions / Lottery
IOTLS
Total Advice Services
Children & Young People Services
Positive Changes / Lottery
ICRS /NHS MCR CCG
M-Thrive / NHS MCR CCG
Reconnect Greater Manchester/ ESF
Peer Support Transitions / 42nd Street
Eric Wright Trust / EWT
Eric Wright Trust / EWT
Eric Wright Trust cost of living
MUFC Project
Winter Discharge Fund / 42nd Street
Ringway Golf Club
Total Children & Young People
Food For All
Zion Café / Manchester City Council
Jigsaw Housing
Mental Health Support Sessions / Lottery
Beyondly Allotment Project
The D'Oyly Carte Charitable Trust
Social Recovery Fund / One MCR
GMcr Food Project / NHS MCR CCG
Be well - social and horticultural
Total Food For All
Community Services
Mums Matters / Manchester City Council
Peer Support/ National Mind
Peer Support Volunteer Co-ordinator Co-op
MASH worker / TOG Mind
Early Help Resilience worker
Thriving Families
Discharge Support / GMMHT
Improving Physical Health CET / GMMHT
Improving Physical Health CET Expanded / GMMHT
Resilience Training / Various
Total Community Services
Current reporting period		 Balance at
1 April
2023
£
-
35,121
52,698
5,201
13,729
-
1,078
-
-
-
107,827
25,905
(303)
48,553
1,695
4,875
-
18,219
11,083
3,340
1,229
-
114,596
-
-
-
-
-
764
2,770
(2,628)
906
8,968
398
5,233
18,392
-
-
(8,703)
30,274
83,396
22,866
160,824		 Income
£
57,707
108,733
41,837
-
12,295
29,013
20,356
18,324
8,088
54,345
350,698
84,140
45,834
104,599
-
-
30,000
-
-
7,931
-
13,835
286,339
42,968
7,500
26,124
7,000
3,500
-
-
13,872
100,964
46,595
-
1,994
36,630
54,862
11,978
92,969
-
523,580
34,614
803,222		 Expenditure
£
(62,819)
(114,481)
(58,098)
-
(27,737)
(35,625)
(17,898)
(20,160)
(8,108)
(44,465)
(389,391)
(86,434)
(45,343)
(106,979)
-
(4,875)
(26,344)
(18,219)
(11,083)
(3,546)
-
-
(302,823)
(40,130)
(7,353)
(25,471)
(6,384)
(1,000)
-
-
(12,128)
(92,466)
(47,306)
-
(7,227)
(25,911)
(45,272)
(11,041)
(82,448)
-
(449,998)
(35,100)
(704,303)		 Transfers
£
1,713
1,713
(7,725)
(7,725)
-
(30,274)
(156,978)
(187,252)		 Balance at
31 March
2024
£
(5,112)
29,373
36,437
5,201
-
(6,612)
3,536
(1,836)
(20)
9,880
70,847
23,611
188
46,173
1,695
-
3,656
-
-
-
1,229
13,835
90,387
2,838
147
653
616
2,500
764
2,770
(884)
9,404
8,257
398
-
29,111
9,590
937
1,818
-
-
22,380
72,491

38

19 Analysis of movements in restricted funds (continued)

Manchester Mind

Notes to the accounts for the year ended 31 March 2024 (continued)

Other
National Mind Phones
Living Well - Peer Support & Lived Experience
Manchester Mind Living Well
Gallagher Community Fund
Big Manchester North / Barnardos
Big Manchester Central / Barnardos
Mental Health Transformation / NHS MCR CCG
Total Other
Building move
Leri Charitable Trust
Business Continuity Fund
Total Building move
Total
Current reporting period		 Balance at
1 April
2023
£
30,447
109,473
-
-
-
-
18,775
158,695
-
-
-
542,848		 Income
£
-
50
84,833
1,000
36,597
35,958
-
158,438
100,000
38,354
138,354
1,838,015		 Expenditure
£
(29,609)
(78,201)
(92,480)
-
(36,597)
(35,958)
(266)
(273,111)
-
-
-
(1,762,094)		 Transfers
£
(838)
(838)
-
(194,102)		 Balance at
31 March
2024
£
-
31,322
(7,647)
1,000
-
-
18,509
43,184
100,000
38,354
138,354
424,667

39

Manchester Mind

Notes to the accounts for the year ended 31 March 2024 (continued)

19 Analysis of movements in restricted funds (continued)

Advice Services
Our Manchester / MCC
MVAP / Big Lottery
MVAP / MCC
Universal Credit / National Mind
Advice Supervisor / National Mind
Park House / GMMHT
Laurette House / GMMHT
Total Advice Services
Children & Young People Services
Positive Changes / Lottery
Help Through Crisis / Lottery
ICRS /NHS MCR CCG
M-Thrive / NHS MCR CCG
Reconnect Greater Manchester/ ESF
Co-op Resilience Project / National Mind
Building Resilience / Lottery
Children In Need / CIN
Peer Support Transitions / 42nd Street
Eric Wright Trust / EWT
Eric Wright Trust cost of living
MUFC Project
Winter Discharge Fund / 42nd Street
Total Children & Young People
Food For All
Food - Welfare Project / One MCR
Winter Grant / Manchester City Council
Social Recovery Fund / One MCR
GMcr Food Project / NHS MCR CCG
Be well - social and horticultural
Total Food For All
Community Services
Community Training / Manchester City Council
Mums Matters / Manchester City Council
Peer Support/ National Mind
Peer Support/ Co-op & National Mind
Volunteer Coordinator / National Mind
Peer Support Training Fund / NHS MCR CCG
Peer Support Volunteer Co-ordinator Co-op
MASH worker / TOG Mind
Discharge Support / GMMHT
Improving Physical Health CET / GMMHT
Improving Physical Health CET Expanded / GMMHT
Resilience Training / Various
Total Community Services
Previous reporting period		 Balance at
1 April
2022
£
(3)
32,256
32,842
10,309
17,943
-
-
93,347
27,850
8,661
-
27,338
(7,120)
-
-
20,570
4,875
25,000
-
3,340
72
110,586
24,190
8,586
7,556
34,000
-
74,332
-
14,617
398
20,044
17,326
32,239
-
-
5,138
24,434
-
-
114,196		 Income
£
72,395
98,910
72,470
-
36,082
28,483
19,824
328,164
91,211
-
44,455
101,458
8,815
18,000
-
-
-
5,000
19,000
-
1,158
289,097
-
-
-
-
4,872
4,872
33,228
38,667
-
4,920
-
-
(1,775)
20,600
92,969
-
492,857
41,451
722,917		 Expenditure
£
(100,021)
(96,045)
(52,614)
(5,108)
(40,296)
(33,364)
(18,746)
(346,194)
(93,155)
(12,780)
(44,758)
(80,243)
-
(22,652)
(15)
(27,531)
-
(11,781)
(7,917)
-
(1)
(300,833)
(26,450)
(16,212)
(6,792)
(31,230)
(7,500)
(88,184)
(47,615)
(44,316)
-
(25,749)
-
-
(10,318)
(2,208)
(100,970)
-
(409,461)
(18,585)
(659,222)		 Transfers
£
27,629
-
-
-
-
4,881
-
32,510
(1)
4,119
-
-
-
4,652
15
6,961
-
-
-
-
-
15,746
2,260
7,626
-
-
-
9,886
14,387
-
-
785
(17,326)
(32,239)
17,326
-
(5,840)
5,840
-
-
(17,067)		 Balance at
31 March
2023
£
-
35,121
52,698
5,201
13,729
-
1,078
107,827
25,905
-
(303)
48,553
1,695
-
-
-
4,875
18,219
11,083
3,340
1,229
114,596
-
-
764
2,770
(2,628)
906
-
8,968
398
-
-
-
5,233
18,392
(8,703)
30,274
83,396
22,866
160,824

40

Manchester Mind

Notes to the accounts for the year ended 31 March 2024 (continued)

19 Analysis of movements in restricted funds (continued)

Other
Be Well / Big Life
National Mind Phones
Living Well - Peer Support & Lived Experience
Big Manchester North / Barnardos
Big Manchester Central / Barnardos
Mental Health Transformation / NHS MCR CCG
Total Other
Total
Previous reporting period		 Balance at
1 April
2022
£
-
-
-
-
-
49,912
49,912
442,373		 Income
£
7,500
40,857
145,535
35,689
25,175
-
254,756
1,599,806		 Expenditure
£
(7,500)
(10,410)
(36,062)
(35,689)
(25,175)
(31,137)
(145,973)
(1,540,406)		 Transfers
£
-
-
-
-
-
-
-
41,075		 Balance at
31 March
2023
£
-
30,447
109,473
-
-
18,775
158,695
542,848

Name of restricted fund

Our Manchester / MCC

Manchester Volunteer Advice Project (MVAP) Big Lottery

Description, nature and purposes of the fund

This grant from Manchester City Council is for the provision of drop-in support sessions, welfare advice and emergency food delivery.

The MVAP partnership is funded by the National Lottery Community Fund. Its purpose is to enhance the provision of advice services in Manchester through training and supporting volunteers in community advice work organisations.

Manchester Volunteer Advice Project (MVAP) MCC

Manchester City Council fund this project for the delivery of the Volunteer Advice Service supporting the homeless.

Positive Changes / Lottery

This project is funded by the National Lottery for the provision of young people's counselling.

M- Thrive / NHS MCR CCG

Manchester Mind are part of a Greater Manchester consortium delivering one-to-one psychosocial support to pupils in schools.

Discharge Support / GMMHT

This GMMH funded scheme offers additional support to people who are being discharged from Community Mental Health Teams, helping them to identify goals and connect them to services in their community.

This GMMH funded project is to improve access to physical health checks for those with severe mental illness within Primary Care Networks.

Improving Physical Health CET expanded / GMMHT

Manchester Mind Living Well

Manchester Mind are part of a VCSE collaborative which is aiming to enable greater access to mental health support.

41

Manchester Mind

Notes to the accounts for the year ended 31 March 2024 (continued)

20 Analysis of movement in unrestricted funds

Current reporting period
Continuance Reserve
Designated Project Fund
Free Reserves
Redundancy Reserve
Previous reporting period
Redundancy Reserve
Continuance Reserve
Designated Project Fund
Free Reserves
Designated Project Fund (IPH)		 Balance
at 1 April
2023
£
165,585
135,663
315,205
-
65,002
681,455
Balance at
1 April
2022
£
134,529
110,255
234,192
115,723
594,699		 Income
£
-
-
948,526
-
352,583
1,301,109
Income
£
-
-
968,178
349,259
1,317,437		 Expenditure
£
-
(1,122,987)
-
(150,984)
(1,273,971)
Expenditure
£
(19,118)
-
(1,245,517)
75,029
(1,189,606)		 Transfers
£
(1,449)
-
236,924
156,978
(198,351)
194,102
Transfers
£
50,174
25,408
358,352
(475,009)
(41,075)		 As at 31
March 2024
£
164,136
135,663
377,668
156,978
68,250
902,695
As at 31
March 2023
£
165,585
135,663
315,205
65,002
681,455

Name of unrestricted fund

Description, nature and purposes of the fund

Redundancy Reserve

Liability for all staff employed by Manchester Mind in line with statutory redundancy pay conditions.

Continuance Reserve

Protects the long-term continuance of the Charity, ensures essential funds are covered during times of financial difficulty.

Designated Project Fund

Additional spending as approved by the Board of Trustees for a designated purpose i.e. to support new/existing self-funded projects or matched costs on externally funded projects.

Designated Project Fund (IPH) Free Reserves

This project is to improve access to physical health checks for those with severe mental illness within Primary Care Networks.

Any surplus held in unrestricted reserves after the demands of the above.

42

Manchester Mind

Notes to the accounts for the year ended 31 March 2024 (continued)

21 Analysis of net assets between funds

Current reporting period
Tangible fixed assets
Fixed asset investments
Net current assets/(liabilities)
Creditors of more than one year
Total
Previous reporting period
Tangible fixed assets
Net current assets/(liabilities)
Total		 General
fund
£
-
-
164,136
-
164,136
General
fund
£
-
165,585
165,585		 Designated
funds
£
-
738,559
-
738,559
Designated
funds
£
-
515,870
515,870		 Restricted
funds
£
-
424,667
-
424,667
Restricted
funds
£
-
542,848
542,848		 Total
£
-
-
1,327,362
-
1,327,362
Total
£
-
1,224,303
1,224,303

22 Operating lease commitments

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

Less than one year
One to five years
Over five years		 2024
2023
£
£
54,226
60,205
-
-
-
-
54,226
60,205
Property

23 Reconciliation of net movement in funds to net cash flow from operating activities

Net income/(expenditure) for the year
Adjustments for:
Depreciation charge
Loss/(profit) on sale of fixed assets
(Gains)/losses on investments
Dividends, interest and rents from investments
Decrease/(increase) in stock
Decrease/(increase) in debtors
Increase/(decrease) in creditors
Net cash provided by/(used in) operating activities		 2024
£
103,059
-
-
-
-
-
118,963
23,985
246,007		 2023
£
187,231
1,173
(5,191)
-
-
-
(137,678)
(45,013)
522

43