Rggistered number: OS000185 Charlty number- 01103063 THE BUCKINGHAMSHIRE ASSOCIATION FOR MENTAL HEALTH IA company limited by guarantee) TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 Buckinghamshire The Queen's Award for Voluntary Service THE BUCKINGHAMSHIRE ASSOCIATION FOR MENTAL HEALTH IA company1Smlt•d by guarantè•l CONTENTS Page Refer•ne• and admlnistrative details of thè Company, its Trustees and advisers Trustees, report Independent audltorfs report on the finanelal #lat•ments Statgm•nt of flnonclal actlvltles 2-23 24-27 28 Balance sheet 29-30 Statemonl of cash flows 31 Notes to the flnan¢lal ststements 32-48 THE BUCKINGHAMSHIRE ASSOCIATION FOR MENTAL HEALTH IA company Ilmitèd by guarantee) REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2022 Trustee6 P R Bruce, Chair B M Sturdy C L Robinson-Learoyd REALong R K Parke (Resigned 11 May 20211 R J Swann811 IR85igned 28 October 2021) H Tucker IResigned 30 Aprll 20211 L D Couv6s (Rèsioned 14 February 20221 R Fyle (Resigned 26 July 20211 8 P Henry (Appointed 28 Seplember 2021) L R Michaelis IAppoint6d 28 August 20211 R K Avann (Appointed 28 September 20211 S K Stinlon (Appointed 28 Seplember 20211 S K Sotomey (Appointed 28 Sepl&mb8r 2021) C A Charltrsworth (Appoinled 1 March 20221 Company registered numbèr 05000185 Charity registered number 01103063 R•glst•r¢d office 14 Granville Street Aylesbury Buck5 HP20 2JR Company secretsry A Mccubbin Chlef executlve offlc•r A Mccubbln Ind•p•ndènt #udltor Hillier Hopkins LLP Chartered Accountants Radius House 51 Clar8ndon Road Watford Herts WD17 1HP Bankers Lloyds Bank 1 Market Square Aylesbury Bucks HP20 1TD P89e 1 THE BUCKINGHAMSHIRE ASSOCIATION FOR MENTAL HEALTH IA company Ilmltèd by gu•ranteel TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2022 The Truslees present their annual report together with the audited financial slalements of the The Buckinghamshiro A8socialion lor Mental Health for the yg8r 1 April 2021 10 31 March 2022. The Annkjal report seTve5 the purposes of both a Trustees, report and 8 directors, report under company law. Thè Tru$l8es confirm that the Annual report and linaneial slaltsments of the charilable company comply with the CLJrrenl slalulory requirements, the requirements of the charilablg company's governing document 8nd the provisions ol the Statement of Recommended Practice ISORPI applicable to charities preparing their accounts in accordance wllh the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS1021 (effective 1 January 20191. Sinc8 th6 Company qualifies as small under s¢¢tion 382 of the Companies Act 2006, the Strategic report required ol medium and large companies under the Companies Act 2006 Islralegie Rèptsrt and Dir9clors' Reportl Regulations 2013 has been omitted. Resptsnding lo the second year of the Covid-19 has tested our resilience and required us to continue to be reative and agile in our approach. 11 is this mindset that has enabled BuckinghamshiTe Mind to prowde extraordinary services to th058 in our community at this tlme of signifie8nl n88d. TrLJslees would like to formally Ihank colleagues and volunteers for their commitment and dèdication. Thanks are also due to the people who use our services for sharing their lived experienc@ with us. W8 plan to more firmly embed the princlples of lived exp&r￿nCe leadership across all aspects ol the organisation in the year ahead. The report outlines the trust88s' rèsponse lo mitigating the risks posed lo thè ¢harily lo ensure the ongoing success of the organisation. This is in response to the ongoing sociètal impacts sin¢e the Covid-19 pandemic. Trustees are pleased lo r8POrt this approach has been suceesslul with the continuation ol service delivery in line with the Covid-secure guidelines in plac8 durin9 th8 year and the stabilisalion ol the charity's finan¢lal position. However, moving forward trusteès ar8 focused on closely monitoring the risks to th8 ch8rity posed by the currgnt cost ol living Crisis precipitated by widespread inflationary pr$ssurg8, induding energy costs al unprecedented lèvèls. Wg know that poverty, deprivation and e¢onomi¢ Inequality has a profoundly negative impact on m&nt81 health. Buckinghamshire Mind will continue to work. as 8n influential and visible partner In the broader mental health system across the Buckinghamshir8, Oxfordshiie and Berkshire Iwestl Integrated Care System IICSI and the Frimley ICS. to voice the concern5 and experiences ol people accessing our service5 and stand-up lor mental health in the communities we support across Buckinghamshire and East Berkshire. Our Vlslon, Stratègy and ObjectlV85 About 8u¢klngham¥hlre Mlnd For ovèr 100 years Buckinghamshire Mind has been 8 trusted charity working to support and represent peoplg wilh mental health problems. We tackle stigma and discrirninalion head on. We support our service users to live Safe. purposeful and fulfilled lives in our GornFnunili85. We believe in their recovery and or8 hopeful about their future. Working logether with national Mind we will not give up unlit Bveryon8 in our community gels the respect and support Ih8y need. The charity is independent and responsible for its own governance and income generation. W8 are proud to be affiliated to national Mind (￿e leading tn8nl81 health charily in England and Walesl and to play our part in a diverse nelwork of over 110 other local Mind associations. To retain our affiliation, we adhere to the principles of Ihe Mind Federation Agroomenl. which sets out the terms within which we work together. The vision. purpose and values ol the charity a￿ as follows.. Our vision Everyone experiencing 8 mental he811h problem 9els both support and respect. Pagè 2 THE BUCKINGHAMSHIRE ASSOCIATION FOR MENTAL HEALTH {A company Ilmlt•d by guaranteal TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2022 Our purpose We are Buckinghamshire Mind - affilialed lo national Mind and proud lo play our part in the local Mind network. Together we are Mind. Opan, ¢aring, experIen￿d, un8loppable, together. We connect. We support. We influence. We ar8 al the heart of our local communities, in Buckinghamshire and Easl Berkshire. We promote wellbeing 8nd recovery,. we prevent mental ill-hgallh., we offer talking th@rapies and we provide 5UPPOrt in times ol crisis. We startd up for mental health. Our services chang• livgs. For support. For respect. For you. Our values Open- we reach out and welcome anyone with a mental hèalth need Caring- w6 tre81 everyone with compassion and kindness Experienced we sland shoulder lo shoulder with people with lived experien¢e, ensuring our services make a difference Unstoppable- we sp8ak out fearlessly and won't give up Together. we are stronger in partnèrship and respect everyone'8 contribution and background Stru¢ture, govgrnancè and management Structure of the Charlty The company is registered as a charitable company limited by guarantee and w3s sel up by a Memorandum of Association on 19 Oecernber 2003. On 1 January 2D06, the orgènis8tion changed ils operatiorsal name lo Buckinghamshire Mind. although it is still ￿9811Y known as The Buckinghamshire Assoclalion for Mental Health. The charity is a membership-bas8d organisalion thal delegales aulhorily for administering ihe charity lo the Buekingharnshire Mind Board of Trustees. It is important that the membership rerrains represenlalive of all stakeholders to ensure that their diverse voices are heard and to keep the cha¥ity at the heart ol the communities it serve5. The board mee15 four limes per 8nnum with addilional meetings convened as and when required. In addition to the tru51ees, the CEO and Director ol Services. (Deputy CEO) allend the rneelings. The board 15 further supported by the Finance and Risk Committee. the Operations and HR Sub Gornmitlee arid the Accommodation Committee. All these Committees report direclly lo the board wilh terms ol reference in place. The￿ are clear guidelines by which authority is delegated within the ()rganis81ion. with truslees delegating the day-to-day runnlng of the charity lo tha sènior m8n8gement team. M•thod8 of appolntment or ¥lertion of Trustees Under the requirements of the Memorandvm and Articles ol Association, the membgrs of the Buckingh8mshlre Mind Board ol Trustees are elected by ordinary resolution. Al each Annual Gen&r81 Meeling IAGMI one third of the trustees or, il their number is nol three or a multiple ol Ihree. th8 nurnber nearest to one third must reli frorn office. The truslees lo retire by rotation sh811 be those who have been longest in office since their last appointment. Duling the year IrLJStees can be co-opted onlo the board for ratification at the AGM. There is robust recruitmenl, induction and ch&cking process for all n@w Irustges joining the board. All rH8mbers ol ltte board ol Irvslees give their ts.me voluntarily and reCe￿e no benefits from the charity. Any expenses ￿ClaImed from the charity are set out in the accounts. Truslges are required lo disclose all relevant interests and withdraw from decisions where a confticl of interest arises and a conflict of interest register, which includes conn8cl8d persons, is mainlained. Pagè 3 THE BUCKINGHAMSHIRE ASSOCIATION FOR MENTAL HEALTH IA Company Ilmlted by guarantee) TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2022 Structure, governance and managemènt Icontinued Policies adopted for the Induction and training of Trustees The Chair ol the Board and the Chigf Executive are responsible lor the induction of new trustees. Once th8 appointment of the new t¥ustee has been confirmed the trustee will receive a pack ol relevant 5UPPC)rting information and a programme of meetings will be scheduled with staff, volunteers and other trustees, along with an ob58rvalion of some aclivilie5 and an opportunity Io m8el with service users. Trustees are also able to governance support hosted by national Mind and can attend the annual Mind conference. 11 is very important that Irustees are a visible part of the organisalion, and they are encouraged to visit services and volunteer in other ways. Th• Flnanc• and Risk ¢ommlltee This cornmillee meets quarterly and takes delegated ￿SponsIbl111Y on behalf ol the board to ensure there is a clear framework lor accountability. Th9 key 18sks include.. Examinin9 and r&viewing all systems and methods ol control, both financi818nd otherwise. The comtnit18e prodU￿S and reviews, on a rolling basis, all the financial Gonlrols and pra￿dureS of the organisalion. Any changes are brought, on annual basis. to th8 board. Risk analysis and risk managèment. Ensuring the charity is cotnplying with 815 aspects ol the law, relevant regulations and good praclice. Reviewing the monthly Tnanagement 8ccounts and annual budget ond the overall fsnanci81 position of Ihe ch8rily. The production of the budget is delegated to the Chief Executive. Oirector of servI￿s (Deputy CEO) and Finance Manager. Reviewing Stalutory and grant funding 8greewen151conlracls delivered by the organisation. The committeè h85 delegated authority for making financial decisions that are within the currently agreed rinanci81 year budget, For decisions relating to otsl ol budget expenditufe arid investrnent decisions, the commitlee reviews and submits recommendations lo the rn8in board meeting. The Operatlons and Human Resources Sub Commlttee This commillee, sel up during FY21_22, Meets quarterly and civersees tho development, monitoring and evaluation ol operational delivery and strategic hurnan resourcgs actions and policies. Specifically. thè commillee.. Monitors and advises on operational delivery, delivery stralegy, policy developrrenl, safeguarding and hoallh and safely reporting to the board. Oversees the progress against the oper8tional plan lor 811 fundinglprojecl steams and seeks lo address any areas where largels are ffl1558d or delivery issues are experienced. Ensures that 811 new projects aro effectively mobilised or ceased projects exited effects'vely, as appropriate. Ailvises on and monitors HR policy development, HR change m8naggmgnl and pay, performance and reward systems, reporting to the board as appropriate. Page 4 THE BUCKINGHAMSHIRE ASSOCIATION FOR MENTAL HEALTH IA company limited by guarantee) TRUSTEES, REPORT (CONTINUED} FOR THE YEAR ENDED 31 MARCH 2022 Structure, governance and managèmonl leortlinutrd The Accommodation Committee This commiltee meets when required 8nd lake5 delegated responsibility on behalf of the btsard lo ensure there is a clearly defined a¢wtNmodalion strategy that.. M8lche5 service delivery need both now and Into the future. Ensures the mosl efficient usè ol lh8 organisalion's assets and resoufces. The commitlee ha5 S0rn8 OP8r8tion81 decision making capability. However. any recommendations relatlng lo the selling ol as58tS 8nd undertakinglterminaling leases musl be given final approval al the main board meeting. This ¢omfflittee has not been reqL¢ired to meet during FY21 22. Kèy Management Personnel Remuneration Key manag8m8nt personnel remuneration and benefils Ilhe Senior Manag8m6nl Tèam) totals £206,14212021 £1fj3.5151 per annum. The SMT was expanded to 5 personnel in the year. All Buckinghamshire Mind colleagues are subject to annual appraisals and Iruslees. approval is required prior to implementing salary increments. As means of good practice, a benchmarking exercise is undertaken when recruiting into new roles against other corrpelitors within Ihe sector ol a similar size and a¢livity lo ensure that the ￿muneratIon is in line wilh that of generally similar roles. Page 5 THE BUCKINGHAMSHIRE ASSOCIATION FOR MENTAL HEALTH IA company Ilmlt•d by gu4rant¢el TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2022 Structure, governance and management Icontinuedl Flnanelal rlsk management The board fully aceepls ils responsibilities under the Charity Cornmission's Statement ol Recommendèd Practice ISORPI for ensuring thal the major risks to which the charity is exposed are Identified and rewewed. and Ih8t there are syslems in place lo milwate them, Major risks are thos8 Ih8l have a high probability of occurring and would, il they oeeurred. have a severe impact on either op8ralional perlorman¢e or achievement of purposes or could damag¢ the charity. The charity ￿CognIS￿s that risk management Is an essenlial part ol good business practice and an 8ff8clive machanism ol good governance. The board is committed to ensuring that risk management proco888s are e￿bedded throughout the charity, and that th85e processes are used lo help idgnlify al an earfy stage issues that affecl performance or achievement of purposes. However. the board recognise5 that risk management Systems can only seek lo manage rather than eliminate risk, and that il shoLJld therefore be only one ol the tools that the board uses lo provide effective control of th8 8drnin15tralion ol the charity. Addilionally. in recruiting n9W Irust*6s, th8 bo8rd ensures that there is an appropriate mix of skills to further mitigate risk. A detailed risk register is reviewed ond updated quarlerfy by the Finance and Risk Committee and presented al each subsequent board meeting. The regisl8r covers risk across the f(>llowing four categories QLJ81ity and Manag8menl Opor8￿.0nS Funding and Assets. and Starring As a result, th8 IrLSslees have assessed the major risks tg which the charity is expcised and ai6 satisfied that sy$19ms are in place lo manage exposur6 lo th$ risks. The key risks to which the charity is exposed, along with the current situation, are outlined below= Co&1 of The curienl level Of infiatK)n. not seen In the UK economy Sinte Ihe early 19808. Will increase Ihe ongoiiig costs ol iunNng Lhe Ehariiy ththilsl tnany ol OLJr gran15 r£fflain fixed lo Ihe remainder ol Ihe Iin8n¢ial year Whilsi 6 3tnall propoition of these Increas8s can bfr mlllyaidd by loo￿ngfor9￿lci9DcIg$, forexample In closing the olf￿8 In Aylèsbury. thty cosl.ol-Ii¥ing Pfgssure5 coWoagu89 lace ￿11 inpv1￿ts1y re3vll in sa5ary benchrnafks across all rrAes. This impacts abilily lo To miugale thi¥ risk will woik with funder8 and wmmissloning partntrt3 10 en$ur¢ ￿al lh9 grants and conlrgcig wè gecule enable v$ lo ben¢hm8tk salaFio5 appTopiialely and achieve lull cost rècovery. Wè will 4150 cont￿u9 lo In¥e51 In supporting workplace wellbe￿9 and flèxib￿ hybrid WOTkin9 practices lo SU￿ort colleague reteThI￿ Addillonol Pressure5 OTr fuel, I(￿d. supplies. ActNily and Iiansport cosls ieqvire a robu51 approach to coglc£nlre acc￿n11n9. Wowill IMp￿rne￿Ia revised rewrtin9 fF2m8work durirKJ Ihe ￿or io suppDrf managois to ck)5ely moniior their budgot Iloeèiitsns Oui engrgy conlracl is fixed uDIii March 2023. We wll also respond Io chanwng of Dur volvnleeis, olf£rlw flexibllity In the way5 they can volunteer al0￿31d¢ rollfra9ue8 10 5UPPOrt people In our communbty This 1$ ¢tu¢i¥l 35 WF know from prgvious experlence ihai a squepzp ort liviny sisndards. unmaDa9gable debl and econom￿ rec$$¥ins caiise a rise ih rnanl81 heallh probleDis. demand for setvicès and, sadly. are connected lo B Tise In suKides Worklng In pailnership Wilh ath8r local VCSE partneis we will look lo sliengllben our Dflpt around Inoney and men1al healih and devek)p a I￿ni mDdÈl Ihal adOiesse5 th15 need. Page 6 THE BUCKINGHAMSHIRE ASSOCIATION FOR MENTAL HEALTH IA company Ilmlted by guarantee} TRUSTEES. REPORT ICONTINVED} FOR THE YEAR ENDED 31 MARCH 2022 Structurg. govemance and managemènt leontinuedl Igltal sécurfly nd Ag wa mov& forward wilh our 0rgan1sat￿nd d￿1131 strategy we hav¢ stionglh9npd our Cyber securlty rne89ur8s 2¢ros5 all plaiiDFm8 ¥re now Cyber EssenliaL% aceredllBd. In addilion. wè mw all eletnen15 of the NHS Dats Security snd Protection Toolkil 20Z2123. A rDbu31 imp￿DIatiOn plan ￿ In plate to m$naye the ii$k3 assoc￿le￿with the phased launch ol Our Dew aiEnl Re1alion8hy Managornenl system, including backup$ and rthu¥t inlorm3lion gDvBmanc8 protoc(As and pmcdduras. 8u8talnablllty of Fundif19 SourEqs he cosl-ol-liwng 18 expecled lo h8ve an Impacl on our comrnMIIy undraising aclivilies due lo the impact on Supporteis, ability 10 donale. his Is somewhai offset by thè yesumpt￿n ol la¢e-to.18ce CDmtnunily undraising events and the laci that petple conlinup lo vranl 10 61alld-up lor enial health a¢ro$s our Commun￿1￿5. To help nyllgale Ihis risk we WI11 nlinutr lo dvjrtal lundiai5in9 oprthunilies and slr?WlhÈn Our yr tv corporate parfners. A1 $L8keh¢ldorrelalvJnships comnwssioners 8nd funder9 toniinue Ip be positive. Welhank all ourfundeis lorihofPexd>llity Ihtryhav¢ shoLWll usduring IhiSchall8nging limè. Thotg is newinveslThenl comin9 Intolhe menlal healL sysiem over Ihe comlng nK>nlh5. particularly In reFatlon 10 lh& Community Mental Heallh FrÈmewDrk and thè Inlegralgd Care Sysiem IICSI. eu¢kityhamshiro Mind iernains well positioned lo work tollabDrali¥ely with mental heèllh System pèrinds IhBSP QpPOrtun￿leS across bolh the Bu¢kirwJhsm3hiie. Oxlord8hire and èeikshire (Wesll ICS Bnd the FIlm￿Y Ics. However. wnlinu&d pre55uie on slatulory budgèis mean$ we ensure Ihal plans are in placb in thè èv8DI DI Iynding being withdrawn. Thi5 is p8rticulafly the cas& lor Ih05e services currenuy funded by grants Irom 8uckireh3mshwe Couwil Modolling our accornmod&llon néAdg to bè'fft for ihp fulvrF" uring 2022 W&Will conlinue lo review ourongoing accomtnodalion needs in Ine our loDger-18Ttn hybnd worf(Ing n￿de1 Ensuring ihal colleag￿$ ccessln9 Ashton House Ayl8sbury havè $ulWble al￿r￿alpIe ctorfmDdaiion1s a pfiDrllya¥ wr19a5e loan eDd DeceTnber 2022. Page 7 THE BUCKINGHAMSHIRE ASSOCIATION FOR MENTAL HEALTH IA eompany Ilmited by guarantee) TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2022 Objèctivès and activitles Pollcl8s and obj8CtIV85 The trustees confirm that thèy have referred lo rhe guidance obtslned in Ihè Charily Commission's general guidanca tsn thè public benefit when ￿VIewIng the charily'5 airn5 and objeclives and in planning lulure activities lor the yeai. The charity's objects are. °lo prornote the pteservation ol mental healltt and lo assist in relieving and rehabililaling persons suffering from ment81 di8ord8r or conditions of emotional or mental dlstress requiring advice or treatment." Investment policy Our inveslwents have been with M&G Ch8rifund 5ino8 May 2018. This investment product was felt by trustees to have a strong track record on growlh. whilst also oHering a quarterly income distribution. Mov8tll8nt5 in the slock market affect the capital value of the fund and the uncertainly in the markets C8used by Covid-19 in the previous yèar resultgd in a large loss in the fund's capital value. although a proportion of this loss was reversed in 2020121. In February 2021 trustees revised tha rnveslmenl pdicy lo incorporate an investmènt perfoman¢e Ir8tllework with resetves invested In a minimum of Iwo global mulli-assel investment funds. In addition. 5Ultably qualified advisors should bo rgtained with a requirement for two trustees to partl¢lP8te in education and training events. The Finance and Risk Committee selected two suitabltr funds which were approved at the Seplember 2021 board rneeling. We were able lo invest in one of these funds and following a delay in thè lun¢J administrators selling up the second account we Sought the advice of our advisors again in June 2022 for an update_ This advice is currently b8ing reviewed by the Treasurer with a view to a recomm¢nd81ion being given to the board al a subsequent meeting. Page 8 THE BUCKINGHAMSHIRE ASSOCIATION FOR MENTAL HEALTH IA company limited by guarantee) TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2022 Oblectlves and actlvltles l¢ontinu8d Stfat•gl•s for a¢higving objectives All our charitable aetiwlies focus on promoting good mental health and reaching out to support those who experience mental health problems. The truslees have considered how planned 8ctivities will contribute lo th aiFns and objectives they have sel for the future as outlined In the strategic planntng process. This seclion sets out how we performed against our strategic objectiv88 this year, r8POrts on our key achievements and outlines our objectives lor 2022-2023. Our Strat8gy In August 2021 we launched our new strategy. 'We are Buckingham$hir8 Mind, 2021-2024.. We have written five ststemenls that describe ouf ambition in eg¢h of the following key areas people, impact. engagement, sustainability and resources. As we face issues and opportunities during the 3 years ahead wa will r$peat8dly ask ourselves how our decisions fulfil al least one ol Ihese ambitions and how they align with our golden threads of agile, inclusive and informed. These ambitions provide the framework against which we will measure our impact. They are.. op1• "W9 wlllènsuro wg are a grnjlplaceforpeople to wortr, v4luni8fyr andaxperlen¢• setvlcas" lrnpa¢t "We wllltary•l OLtr s•Thlc•s wh•t¥ wg h•¥• gr￿1￿#tIM￿l¢r, Engagom•nl "We wlllbLtlld enqaofrm•nt. Incr•4se inlJTwncfj chafftplon vi$ion Ivrmenlalheallh" SuslAln&blllty "Wè wlll Jmprovty stss18lno1)ility •t a limB ol unprecedented need, bulldlng collaborallons and partn¢rshlps ¥￿t￿ olh•r swvl¢¥ pyovldwrs." Rosourc•s 'W• wlll 1fr7V4St In •rtd m•xlmls• oui re$tsurGgs to develop an organls•llon for the fulure.~ Page 9 THE BUCKINGHAMSHIRE ASSOCIATION FOR MENTAL HEALTH IA company Ilmlt•d by guarant8el TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2022 Objectives and a¢livitte6 l¢ontinugdl To d&fiver th85& slraleglc prk?rbties we idenllfkd 6 specIf￿ tsigbis In flrgi $t¢*gic ygai. 05 Oulllned In Ihg table belové 81onggidtr our pFrformance'. Ourèmbltlons Peo CapJ¢ily-wF will plan and rgcruil for growih and Th• thln we have achleved In Year I The 19slruclure ol Ihe (Yganisalion is ￿ complete addlllcrfial curoe in 5UPPOrting people to access communily basèd m6nlal h8811h services,. visit w.bucksmind.or .ukJ uide. In FY2021122 thèra wèrè 51,665 users of the BLJckinghamshire Mind website and 177,836 page views. Our Campalgnlng In Jun8 2021, lolltswing the closure of the national Time to Change campaign, we rebranded our local anti- 51igm8 campaign lo Champion the Change. Throughoul the year thÈ projèct focused work on digital campaigning, using Facebook, Linkedln, Instagram and Twiiièr to achiève a Social media 'reach' of 30,295 with 4,499 'engagements.' We revièwed our Champion database. with 20 Champions continuing to support our campaign and offered grants 10 51x Champions to support their project ideas. The activities delivered included'.- a Champion-lèd mèn's stjpport group an inclusive football team for children with low mental health Ch8mpion5 sharing their experiences ol mental health stlgma on video a Charnpion helping to write social media content and thè Champlon newsletter a Champion football podcast èpisod8 with a Wycombe Wanderers player about men's rnenlal health and stigma The campaign priority groups are men, employees, childr8n and young p8oplg and diverse groups. Our work with men included working with Wycombe Wander8r5 FFIT Trust lo fund spaces lor Iwenty men lo join the exercise and wellbeing sgssions for frge. The funding also included a hoTlle equipment pack lor each member to use at horn8 during lockdown. For employees we created and launched the Champion the Change Employer's Pledge lo help businesse5 to complete actions lo challenge stigmA in the workplace. SLJch acliDn5 included training for line managers to help them be more cornfortable talking 8boul rnental health with colleagues. using Wellness Action Plans, awareness raising actsvities and celebrating awareness days. Each company who signs up will have access lo our Irea support and guidance lo help them make lasting change, including free guides. quarleTly contBnt to Send to staff and planning meetings with us. Our work with children and young people Induded Grg81ing and providing schools with mental health resources lo use with children, parents and staff. In addition, we made a key contact with Buckinghamshire Uniformed Youth Iwho lead org8nisalions such as Brownies. Scouts and Girl Guides lotalling 15,000 childTen and young P80ple in Buckinghamshirel and began planning how lo work together. We also spoke to The Poetry Project about inviting 8uckinghamshire universities lo join the sludenl-led initiative to encourage conversations about rnental health. Page 17 THE BUCKINGHAMSHIRE ASSOCIATION FOR MENTAL HEALTH IA company limlted by guarantee) TRUSTEES. REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2022 Obj8¢tiv¥s and activities Icontlnuedl For diverse groups we supported three Charnpions lo make films aboul their lived exp8rienc8 ol th8 sligrna surrounding depression in thè black community. Three hundred people altended the inill81 filrn showing. We marked four awareness days, such as World Mental Health Week and World Suicide Prevention Day, wilh social media conlenl. We also planned and imp18menl8d four of our own awareness days called Bucks 8ig Chal. The first of which was c8ntr&d around the theme ol 'We all have mental health, l@1's normalisfy talking about it,. We were interviewed on multiple Bucks radio stations. including Wycombe Sound, Marlow FM and Graalest Hils Radio. W8 also contacted and were supported by Rob Bu118r MP, Aylesbury, who met with us and issued a pr8ss release slating his support lor Champion th8 Change 8rnd Greg Srnilh MP, Buckingham. who shared our social media posts. Another project we worked on includes 8$lablishing the Champion the Change Neiwork. Thi5 is a group of inlluenli81 individua15 8lld organi58tions from across the county we invited to join lo help us r88ch as many p8op18 across the county as possible. Within the nètwork ale sport5 Glubs and Bucks Uniformed Youth. We significantly developed the digital pr8s8nce of Charnpion the Change on the Bucks Mlnd website, increasino from 1 landing page to 6 pag85 now including pages for Bucks Big Chal, Employers Pledgo and Champion Slorfes. The Champion the Ghange landing page recewed 295 views and the Bueks Big Chat page 116. Our Volunteers Our vo7lunleers assisted across all areas of Buekingh8m8hire Mind including Wellbeing and Peer Support Groups, Administration, Counselling, Ernployrn8nl Support and governing ihe charily as a trustee. In total, 863 Indlvldua15 glfted their time and skills to Teinforce our staff and services. The largest cohorls of volurileers assisl either within Befriending (Adult Volunleersl 148 or Peer Support in Schools with 656 children and young people working as volunteers and mentors in schools. We continue lo havè a wide sprgad of ages14-year-olds lo older adultsl talents, professions and apliludgs of people who were willing lo start, or lo continue, lo suppc*rl us Ihe year. 8eliiending Saw 8 drop volunleeis a8 people de¢ided to lake a break. in sorne cases due lo a sense ol eompassion fatigue. Support was provided by keeping in louch and a dev61opmenl session workshop on manging cOmpass￿n fatigue. We remained committed 10 8nsuTing that our volunteers are valued and supported. The first face lo face volunteer d8velopmenl meeting was held in Oecemb&r 2021. Howevèr, training and development sessions lor volijnleers continue lo be provided on-line as this provides 9realer opportunities of attendance for our volunleering team. Through the support of our existing and new volunteers, Buckinghamshiie Mind continued to d&liver services al a scale in Ihe community that simply could nol have been achleved without Ih8m. Trustees offer their warmest thanks lo all volunleers who have given Iheir time so generously ov8r th8 past year. Strategic Objectives lor the forthcomlng year In August 2021 we launched our new strategy, 'We aro Buckinghamshire Mind, 2021-2024" During this financial year we move into the second year of d81iv8ring against our strategic priorities. Out lined below are the 8 chosen priority locus areas Identllied for Year 2. Page 18 THE BUCKINGHAMSHIRE ASSOCIATION FOR MENTAL HEALTH IA company Ilmltèd by guarantee} TRUSTEES. REPORT (CONTINUED} FOR THE YEAR ENDED 31 MARCH 2022 Objectives and activilies Icontinuedl Pe(* "W• wlll *n$tsre we •r• • r•at lace for to work volunleer ttndex etl¢ttce $•Nr¢oS" Provide ev8ryone with Iho training and development OPPDrtUnilles they need lo Ild Iheir Conf￿enCe and skills io Succeed in IhBif ro￿. Expand Ihe ways in which service users ¢8n gei Invdved and inlluenre the 5hap& ol our 59rwcg5. nya9emen Impa¢l'.."W• WMI where wg¢on have greatese fmpac revÈD Dn Build awareness olwembeing al a limè $0 marty hav& experienced The dlfference w¢ fflak¢ Dwelop nM>re 90phisiical&d ways lo ourreath and demon6tr8le boih Ihe shorl and long-￿rM impaciolour Engllggm¢nt..-"We wlllbulldeJJy44emen¢ Inm8s8 ourlnlluwJc$ 4nd¢hampionourvision lormentJl hefrllh" Adapl our $8tvices lo b& tnore acc8851b1e, Wilh a Specific focus on people risk ol, or aThdurin9 homalessness and lo LGBTQl+ Sdenii11o$. "Wewlll Improvesustalnabllltyala Ilm*olunpre¢•dohi•d no•LI, bvlldlng collalJoradons 8ndpttilnÈrshrps With othèrsorviGgprgvi41grs." Re#pondlng t demand Expgrtd ¢apa¢ity in specifir areas. mindful of the irnpacl ol the pandemicon people wilh exi51ing mentsi heallh prob￿M9 and ¢hildYen #nd pe￿p￿. Re80urces'.."Wt wllllnv•stln andm*xlmls• ourmsow¢v$ to d￿loP an oryaniJatsoft fitfor the futuro." Imp19rnpnl a Cv5torner RelalioD5ttip Manapmenl system Ihal irnpwe5 manay¥menl ln1ortnal￿￿ enableB U8 lo pui evid&nce 81 ltte heart olovi decislon-makiD9 proces5eB. vfjrslfy Qui 8owc88 of incom& lo enaile 0vrambili￿ and èuikl vislbillly and A detailed implemgntalion plan is in place to define the key metrics lor each of these indicatois and this will bg used lo monitor our progress moving forward. Page 19 THE BUCKINGHAMSHIRE ASSOCIATION FOR MENTAL HEALTH IA company Ilmlted by 9uaranteel TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2022 Flnancial r8vl•w Flnanclal Rèview Buckinghamshire Mind recorded a surplus of £59.606 for the financial year ended 31 Marth 2022. This comparas wilh a surplus of £139,786 for Ihe previous yèar. Total income increased by £404,165 10 £1,907.20912021.' £1,503,044). The balan￿ sheet is showing a total of £1,094,808 of unr6slrictèd funds - £494,808 unrestricted cash reserves and £600.000 a freehold property, owned by Buckinghamshire Mind that is used lor Ihe provision ol services and ftsr offic8 space. This was valued at £240,000 a5 at Isl April 2016 under FRS102, but has now baon revalued in March 2022 10 £600,000. reflecting the increase in funds available from £652,802 in FY21. Our donations. fundraising and le9aay incorne have recovered slightly this yèar. largely due to the reduclion of reslriclions due to Covid and lockdown. The total increased from £121.974 in 2020121 to £124,810 this year. W6 arè hopèful now that lockdown has ceased thAt wè will have a further increase in our fundraising income In thè Corning year. The Irustees would Ilke to thank wam1y Ih05e members of the community who have chosen to fundraise for us both in this year and moving forward in so many diverse ways. Income frorn aharilable activities has incrèa58d by 32/0 on the previous year 12022 £1,770,586 ond 2021 £1,343,247) which rellecls the increasing demand for the services Ihat we offer. In the same period the expenditure on charitable activilies increased by 34°/o to £1,831,868 from £1,371.348. We maintained and enhanced lh* broad range of quality services we providè to the community. In delivering these activities ITUSte¢$ would Ilke lo gratefully acknowledge the support of the followlng lunders during the course ol the year.. Buckingh8mshire Council Oxford Health NHS Foundation Trust NHS Frimley CCG Berkshire Community Foundation Heart of 8uck$ Monodraughl Limited Shanley Foundation Adviza Rectory Homes Local Mind Grant Fund Mind Big Lottery Fund Reckitl Benkiser Oasis Partn8rship T6sco 88gs ol Help Borkshire Healthcare NHS Trusl Marlow Rotary Club Chesham Sick Potsr Fund Silverson Machines Ltd Grace Trust JP Hildreth Limited Roger and Jean Jefcoate Trust The Rothschild Foundation Mobbs Memorial Trust Page 20 THE BUCKINGHAMSHIRE ASSOCIATION FOR MENTAL HEALTH IA company limited by guarantee) TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2022 William Hardino's Charity Masonic Charitable Foundation Buckinghamshire Community Boards Buckinghamshire East PH Hub Healthy Living Centr8, Aylesbury Marlow Striders Chesharn United FC Tuneless Choir, Maldanhaad Penn FC TB Fitness Wailrose Chesham Clips Oog Grocirning The George and Dragon Pub Bluepepper Designs Succession Wealth MBH Filn9SS CR EKFB M&S 8eaconsfiald McFadane Telfer Lld Taylor Wimp8y South Midlands owden5 Joinery Co Aylesbury InvilaliDn Pool League Aston Clinlon beer festival Reserves pollcy The Charity's funds consisl of unrestricted funds and a revalualion reserve. Buckinghamshire Mind maintains a formal rèsèrves poli¢y, reviewed by Iiuslee5 al least annually and amended as appropriate. The poll¢y Currently considers the following aspects.. The definition of reserves as being the Ireo roserves., namely lolal reserves less any ￿StrICted or asset reserves. The18V819l re$eTves decKled by our trustees 45 no less than three months of tho lolal annual budgeted operating costs. How the trustees intend lo maintain reserves at the agreed level. The arrangements required by trusteès to en8ur8 the policy is regularly monitored and reviewed. The required level of unrestricted reserves based on these criteria on reloreca5t exp8nditur8 values was £482,374 in 2021122. The unrestiicted reserves al balance sheet date 8re £494,808 so we are above the required level. This was due to the increase in the value ol our investments during the year and the receipt ol unexpected funding support from the Buckinghamshiro Council Infeolion Control Funcl during the first quarter ol the year. Whilst the reserves aro above the agreed level. we are conscious that, wilh the proposed expansion and Incr8a88d cost b8se for 2022123, the reserves target will now bB altainable on a slepped basis after the Surplus this year. For 2022123 the required level will be £558,569. In accordance with our policy. the level ol reserves will be reviewed by the trustees in conlunclion with tre approval ol the annual accounts. We expect the value ol our investrnent to continu8 to recover in the next year. Appropriate business development andlor lundr8ising strale9ies will be pul in place to increase reserves lo the agreed level al the end ol next ye8r. Page 21 THE BUCKINGHAMSHIRE ASSOCIATION FOR MENTAL HEALTH IA eompany lim4ted by guarantee} TRUSTEES, REPORT ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2022 Fundraistng Activities Fundraisin9 adivities are carrEd out in-housa 18rg8W by th8 Community Fundraising and Communications Team. We are committed lo ex￿llenCe in fundr815ing piactices and have volunlarily registered with Ihe Fundraising Regulator and comply with their Fundraising Promise as outlined on OLJr website, htl s'.Ilwww.buck5mind.or .ukllundraisin ln addition, we have a procedure lor supporting polenlial donors, whole eircumslances. which links lo our Safeguarding pDlicy and procedure. Th8re have been no complaints r8Geived during the year in relation to our fundraising praolic8S. Statamonl of Trustees. responslbllltles The Trustees (who are also the directors of the Company lor the PUTposes of company 18wI are responsible lor preparing the Trustees. report and the financial slatemènls in accoTd8nce with applicable law and United Kingdom Accounting Standards Iunited Kingdom Generally Accepted Accounting Praclicel. Company law requires the Trustees lo prepara financi81 slalernents for each financial . Under company law. the Trustees rnusl not approve the financial 5tatem8llts unless they are satisfied that Ihey give a true and lair view ol the slate of affairs ol the CoTllP8lly and of its incorning resources and application ol resources. Including its income and expenditure. lor that period. In p￿parIng Ihesè finandal statemants, thè Trustees are required to. select suitable 8ccounling policies and then apply them consislenlly., observe the methods and principles ol the Charities SORP IFRS 1021., mak6 judgments and accounting eslimales Ihat are reasonable and prudènt,, state whether appliGablg UK Accounting Standards IFRS 1021 have been followed, sublecl to any material departur8s disclosed alld explairied in the financial statements.. prepare the financial 51at8rn8n15 on Ihg going concem basis unless il is inappropriate lo prosumg that the Company will continue in business. The Trustees are responsible for keèping adequate accounting re￿rdS Ihal are sufficienl to show and èxplain the Company's transaetions and disclose with reasonable accuracy al any Ilme the financi81 position of the Company and enable them to ensure that the financial slalemenls eomply with the Companies Act 2006. They ar8 also responsible for safeguarding the assets ol the Company and hence lor taking reasonable steps lor the prevention and detection ol fraud and other Irregularit￿5. Dlsclosure of Infom)atlon to auditor Each of the persons who are Trustees al thg timg wh8n this Trustees. report is approved has confirmed that. so lar as that Trustee is aware. thar8 is nts 1glev8nl audit information of which the charity's auditor is unaware, and that Trustee has taken all the steps that ought to have been taken as a Trustee in order to be aware of any relevant audil informalion and lo establish that lh8 charity's auditor 15 aware of that information. Audilor The auditOT. Hillier Hopkins LLP. has indicated his willingness to eonlinue ifi office. The designaled Trustees will propose a motion reappointing the auditor al a maellng of the Tru$lges. Page 22 THE BUCKINGHAMSHIRE ASSOCIATION FOR MENTAL HEALTH IA company lirnited by guarantee) TRUSTEES, REPORT ICQNTINUEDI FOR THE YEAR ENDED 31 MARCH 2022 Approvèd by order of the rnember5 of th8 board of Trustee8 and signed on their behalf by.. P R Bruce Dalé.. Page 23 THE BUCKINGHAMSHIRE ASSOCIATION FOR MENTAL HEALTH IA cornpany limited by guarantee) INOEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE BUCKINGHAMSHIRE ASSOCIATION FOR MENTAL HEALTH Oplnlon We have audited the financial staternenls ol The 8LJckinghamshire Association for Mental Health Ilhe'charitable company'l for the year ended 31 March 2022 which comprise the Statemenl of financial aelivilies, the Balance sheel, the Slatement ol cash flows arKI th8 related notes, including a summary of signilicanl accounling policlÈs. The linaneial reporting framework that has been applied in their preparation IS 8pplic8ble 18w and United Kingdom Acoounling St8ndards, including Financial Reporting Stand8rd 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, (Uniled Kingdorn Generally Accepted Accounting Praclicel. In our opinion the financial stalemenls.. give a true and fair view ol the stale ol the eharitsble cornp8ny's affairs as al 31 March 2022 and of ils incoming resources and application of resourcès, In¢luding ils Trncome and expenditure lor the year the ènded.. have been properly prepared in accordance with Unit$d Kingdom Generally Accepted Accounting Pr8clic8." and have boan prèparad in a¢cord8nce with the requirements of Ihe ChBrities A¢1 2011. Basls for oplnlon We conducted our audit in accordance with International Standards on Auditing IUKI IISAS IUKII and applicablo law. Our r8sponsibililig8 under those standards are luriher described in the Auditor's r8sponsibililies for the audit of th8 financial slalemenls section ol our report. We ale ind8pendenl of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial slalemenls in the United Kingdom, including Ihe Financial R8poriing Council's Ethical Standard, and we have luifilled our other ethie81 respDnsibilits'es in accordan￿ with these requirements. We believe that the audil evidence w8 h8V8 obtained is suHicienl and approprialg lo provide a basis lor our opinion. Conelu$ions relating to going concern In èLJditing the fin8ncial slalements. we have concluded that the Trustees, use of the going concern basis ol accounting in the preparation ol the financial slatemènls is appropriate. B8$ed on the work we have performed, we have not identffied any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doTrubl on Ihe charitable company's ability to continue as a going concein for a period 0181 leasl twelve months from when the financial statements ar8 aulhorised lor issue. Our responsibllities and the responsibilities ol Ihe Truslees with respect lo going concern are described in the relevant sections of this report. Page 24 THE BUCKINGHAMSHIRE ASSOCIATION FOR MENTAL HEALTH IA company limited by guarantee) INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE BUCKINGHAMSHIRE ASSOCIATION FOR MENTAL NEALTH ICONTINUEDI Other Informatlon The other information comprises the information ineluded in the Annual report other than the financlal statements and our Auditor'5 report Ihereon. The Trustees are responsible for the other information contained within the Annual report. Our opinion on the financial staternents does ntsl cover the other information and, eKcepl lo the extent otherwise explicitly slated in our report, we do not 8xpress any form of assurance onc1usion Ihereon. Our responsibility is lo read the other Information and. in doing so, consider whether the other inlormaiion is rnaterially inoonsislenl with Ihe linanclal stalern9nls or our knowledge oblained in Ihe COLJrse of the audit, or olhenMlse appears lo be materially rnisst8ted. If we identify such material inconsistenci8s or apparènt malorial misslalements, we are mquired lo delerrnine whether this gives rise lo a material misstatem8nt in the financial slatements Ih8rnselve5. If. based on tha work we hav6 perforrned. we conclude that there is a material misslalement ol thi5 other information, we are reqLJired to report Ihal fact. We have nothing to report in this regArd. Matters on which we arè requir8d to report by exceptlon We have nothing to report in resptcl of the lollowing matters where the Charfties IAccount5 and Reports) Regulations 2008 requires us to report to you il. in our opinion.. the informatitsn given In the Trustees, report is inconsist8nt in any rral8rial fespecl with ihe financlal slalemenls., or sufticienl accounting records have not been kepl.. or the financial statements ar& nol in agreement with the accounting reeoids and returns.. or we have not received all the information and explanations we requir6 lor OUT audit. Responsibilltles of trusteès As explained rnore fully in the Truslegs, responsibilities slalement, Ihe TnJste85 (who are also the direclors ol the charitable company for the purposes of company lawl are responsibl8 lor the preparation of the financial statements and lor boing s81isfied that they give a true and lair view, and for such internal control as the Trustees d818rmine is necessary to enable thè prèparation of finar)cial statements Ihat are Iiee Irorn material mlsslalemenl, whether due lo fraud or arror. In preparing the financial slalemenls, lh8 Trustees are responsible for assessing the ¢haritable company's ability to continue as a going concern, diwlosing. as applicable, matters related to going concern and using the going con￿rn basis ol 8e¢ounlillg unless the Trustees either intend to liquidate the charitable company or lo cease operations. or have no realistic alternative but tts do 50. Page 25 THE BUCKINGHAMSHIRE ASSOCIATION FOR MENTAL HEALTH IA company limited by guarant8•1 INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE BUCKINGHAMSHIRE ASSOCIATION FOR MENTAL HEALTH ICONTINUEDI Audltorfs responsibilities for the audlt of the financial statements We have been appointed as auditor under seclion 144 of the Chaiilies Act 2011 and report in accord8n¢o ￿th the Acl and relevant regulations made or hawng effect Ihereunder. Our objectives are lo obtain reasonable assurance abDuI whelher the finandal slalements as a whole ale free from matefial misstatement, whether due lo fraud or error, and to issue an Auditoffs r8POrt Ihal in¢ludes our opinion. Reasonable assurance is a high level of assurance, but is not a gU8r8nlee that an audit conducted in accordance with ISAS IUKI will always dele¢1 a material mi5StateTnenl wh8n il exists. Misstatements can arise from fraud or error and are considered material 11. indlvidually or in the aggregate, they could reasonably be expected io influence the econornic decisions ol users18ken on the basis of these financial stalemènl8. Ir￿gularItI•s, including fraud, are instances of non-compli8nce wilh18ws and regulations. We design procedures in line with our responsibilities, oullined above. to detect malerial misstatements in respeol of irregularities, including Iraud, The extent to whlch our pwoGedures are capable ol detecting irregularÈti88. incltjding fraud is detailed below.. the nature of th8 industry and sector, control enmrontnent and business Performance including the rornuneration incentives and pressures ol key management., th8 primary responsibilily lor the prevention and deieclion of fraud resls wlh both those charged with governance ol the enlily and management. We consider the ￿sUltS of our enquiri85 01 management about their own 1denlifieatl0￿ 8nd assessment of the risks ol irregularities., any mattels we identifi&d having obtained and reviewed the Cornpany's documentation ol their policies and procedures relating to.. identifying, evaluating and ¢otnplying with laws and regulations and whalher they werg aware ol any in5tanc85 01 non-compliance., detecting and responding lo the risks ol fraud and whether they have knowledge of any actual, suspected or alleged fraud., the internal controls established lo mitigate risks ol fraud or nonf the legal 8nd regulalory Irameworks ihal the Company operates in, focusing on provisions ol those laws and regulations that had a direct effect on the determination of material amounls and disc105ur8s in th8 financial statements. We focused on laws and regulations thal could give rise to a material misstal8ment in the financial slatemenls, including, bul not limited lo. the Companie5 Act 2006 and ralevanl lax logislalion, Because of the Inherent Ilmitalion3 of an audit, there is a risk that we wll not detect 811 irregul8rilies, including Ihose leading lo a material M￿sSI81eMenl in the financial stalemenis or non-compli8nc8 with regulation. This risk InC￿aSe5 the fflore Ihat compliance with a law or regulation is removed from the events and transactions reflected in Ihe fin8nci81 slalemenls, as we will be less lik8ly lo bocolne aware ol instances tsf non-compliance. Th& risk is also grealer regarding irregularities QCCUffing due lo fraud rather than error, 88 Ir8ud involves ?nlonlional concealment, forgery, collu510n. omission or misrepresentation. A furiher description of our respon5ibili1185 for the audit of the financial stal&tnents is located on the Financial Page 26 THE BUCKINGHAMSHIRE ASSOCIATION FOR MENTAL FIEALTH IA comp3ny limited by guarant4al INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF THE BUCKINGHAMSHIRE ASSOCIATION FOR MENTAL HEALTH ICONTINLIEDI Reporting Coun￿1,$ website al.. www.frc.o Auditor's report. .tsklauditor5res onsibilities. This do$cripts"on forms part of our Use of our rèport This report Is made solely lo the charitable company'5 Iruslees, as a b(xly. in accordance with Part 4 01 the Charitie5 (Accounts and Reportsl Regulations 2008. Our audit work has beerE und8rlaken so that we might state to the ch8rilable company's trustees those matters we are required lo sl818 lo them in an Auditorfs report and for no other purpose. To Ihe fullest exlenl permitted by law, we do not accept or assume responsibility to anyong other than Ihe charitable cornpany and ils members, as 8 body. for our audit work, for this repcirt. or for the opinions we have formed. Hllller Hopklns LLP Chafleted Accounlanls Statutory Auditor Radius House 51 Clarendon Road Walford Herls WD17 1HP Date.. Hillier Hopkins LLP are eligible lo act as auditors In lfjrms of section 1212 of ihe Comp8nies Act 2006. Page 27 THE BUCKINGHAMSHIRE ASSOCIATION FOR MENTAL HEALTH IA company Ilmlt•d by guarantee> STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNTI FOR THE YEAR ENDED 31 MARCH 2022 Restricted Unrestricted fund5 funds 2022 2022 Total funds 2022 Tol81 lunds 2021 Note Income from.. Donations and legacies Charitable activities Other trading activities Investments Other incomè 48,264 1.569,456 76,546 11,813 48.264 1,770.586 76,546 11,813 37,570 1,343,247 90,404 10,214 27.609 201.130 Total Incomo 201,130 1,706,079 1,907,209 1,503,044 Expendlture on= Raising funds.. Costs ol raising voluntary income Other trading activities Charitable aclivilie5 2.261 34.319 1,630.738 2,261 34,319 1,831,868 1, 182 34,095 1,371,348 201,130 Total expgndlture 201,130 1,667,318 1,868,448 7,406.625 Net Income before nét galns on Inv95tments Net gains on investments Net movement in funds befo￿ other recognlsed galns 38,761 20,845 38,761 20,845 96,419 43,367 59.606 59.606 139, 786 Oth•r r8cognls•d gains.. Gains on revaluation ol fixed assets 382,400 382,400 Net movement In funds 442.006 442,006 139, 786 Reconciliation of fundB'. Total lund5 brought forward Net movefflenl in funds 652,802 442,006 652,802 442,006 513,016 139, 786 Total funds carrled forward 1,094,808 1,094,808 652,802 The Statement of financial activities include5 811 gains and losses rBco9ni8ed in the year. The rK>tes on pagos 32 to 48 fomi part ol these financial slalements. Page 28 THE BUCKINGHAMSHIRE ASSOCIATION FOR MENTAL HEALTH IA company Ilmlt•d by guarantee) REGISTERED NUM8ER.' 05000185 eALANCE SHEET AS AT 31 MARCH 2022 2022 2021 Note Flxed assets Tangibl8 a5sels Inve51m8nls 12 600,000 451,414 220.800 330,569 13 1.051,414 451,369 Curr•nt aS$gt$ Debtors Cash al bank and in hand 14 73,471 298,496 38.614 395,352 371,967 433,966 Cr6dltors'. amounts falling due within one year 15 1328,5731 {232,533J Net current a53ets 43,394 201.433 Total assets less current liabilities 1,094,808 652,802 Total net assets 1,094,808 652.802 Charlty funds Restncted funds Unrestri¢led funds 16 General funds Revaluation reserve 16 494,808 600,000 432,002 229,800 Total unrestrieted funds 16 1,094,808 652,802 Total funds 1.094,808 652.8Q2 The entity was enlilled lo exemption from audit under section 477 01 Ihe Companies A¢t 2006. The members have not required the entlly lo obtain audit ft)r the year in question in accordance with section 476 01 the Companieg Act 2006. Howover. an audit Is required in accordance with seclion 144 01 the Charities Act 2011. The Trustees acknowledge their reswjnsibilities for complying Wlth the requirements ol the Act with respect lo accounling recordg and preparation ol fin8nci81 stalemenls. Page 29 THE BUCKINGHAMSHIRE ASSOCIATION FOR MENTAL FIEALTH A company Ilmlted by guarantee) REGISTERED NUM8ER= 05000185 BALANCE SHEET ICONTINUEDI AS AT 31 MARCH 2022 The financial stalements have be8n prepared in accordance with the provisions applicablè lo enlilies subject to the small companies regime. Th8 finanrial slalements were approved and authorised lor issue by the Trustees and signed on their behalf by.. PRBTU Chair Date: The notes on p8ges 32 to 48 form part ol these financial sl8tern8nts. Page 30 THE BUCKINGHAMSHIRE ASSOCIATION FOR MENTAL HEALTH IA company Ilmlted by guarantee) STATEMENT OF CASH FLOWS FOR THE YEAR EhtDEO 31 MARCH 2022 2022 2021 Cash flows from operatlng actlvltles Nel cash usèd In op8rating sclivilies 91,331 105,664 Cash flows from investing activitlgs Dividends, interests and ￿nIS from inveslments Puieh8$0 of inve51rnents 11,813 1200,0001 10,214 Nèt cash lu$ed invprovlded by Invesllng actlvltlos 1188.1871 10.214 Cash flows from finan¢lng activities N•t cash provided by firban¢ing acllvltlos Change in cash and cash equlvalenls In the yoar Cash and cash equivalenls al th8 beginning of the year 196,8561 39S,352 115,878 279,474 Cash and ¢afjh equlvalonts at the end of the year 298,496 395,352 The not8s on pages 32 to 48 form parl ol ihese financial slalemènls Page 31 THE BUCKINGHAMSHIRE ASSOCIATION FOR MENTAL HEALTH IA company Ilmlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENOED 31 MARCH 2022 Ac¢ounting policies 1.1 Basls of pr•paratlon of flnanclal statements The financia15tsternents have been prepared in accordance with the Charities SORP IFRS 1021- Accounting and Reporting by Gharities., Slatemenl ol Recommended Practice applicable to charities preparing thair accounts In accordance with the Financial Rèporting Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191. the Financial Reporting Standard appll¢abltr in the UK and Republic ol Ireland IFRS 1021 and the Companies Act 2006. The Buckinghamshire Association for Mental Health meets the definition of a public benefit enlily under FRS 102. Assets and liabilities are initially recogni$ed al hislorlcal cost or transaction value unless othe¢wise stated In the relevant accounting policy. 1.2 Company ststus The company is a company limited by guaranlee. The members of thg company are the Trustees named on pa9e 1. In the event of the company being wound up. the liability in respecl of Ihe guarantee is litlllled lo £1 per member ol the c()tllpany. 1.3 Golng conc•rn The Iru518es have CoT)side￿d the impact ol Corollavirus on the financial statements and beliave thal they have the ability lo continue trading for al least 12 months from signing these financial statements. As such. the Trustees consider it appropriate to prepare the financial ststerren15 on the going concern b8$15. Page 32 THE BUCKINGHAMSHIRE ASSOCIATION FOR MENTAL HEALTH IA company Ilmltad by guarante¥l NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 Accountlng polle18s l¢onllnuedl 1.4 Incomè All income is recognised once the Company has entitlement lo the income. il is probable that the income will be received and the amount of income receivable ¢an be measured reliably. Donated services or facil1118S 8r8 recognised when the company has control ovgr Ihe ilem. any conditions associated with the donated item have been met, the reeeipt ol economic benefit Irrim thè use ol the wmpany of the item is probable and th8t 8conornic benefit can be measured reliably. In accordance with the Charilies SORP IFRS 1021, the general volunteer lime ol the Friends Is not recognised and refer lo Ihe Trustees, report for more information aboul their eontribution. Where the donÈted good is a fixed asset, il is measured at fair valu8, unless it is impr8clical lo measuré thls reli8bly. in which case the cost ol the item lo Ihe donor should be used. The gain is recognised as income from donations and a coiresponding amount is included in Ihe appropriale fixed as5el class and depreciated ovèr thè useful economic life in accordance with the Company's accounting policies. On receipt, donated professional services and facilities ar6 reeognisÉd on the basis of the value ol th8 gift ID the Company which is the amounl il would have been willing lo pay to obtain services or facilities of equivalent economic benelit on th8 open market,. a corresponding amount is then recognised in expenditure In thè pÈriod of rec8lPt. Incomè lax r8coverable in relation lo donations receivad under Gilt Aid or deeds ol covenant is recognised at the lime ol the donation. Income lax reeoverablè In rèlation lo investment income is recognised at the tlmè th8 inveslmenl income is recaivablo. Other income is recognised in the perlod In which il Is receivable and lo the exlenl the goods have been provided or on cOmple￿On of thè seNic8. Page 33 THE 8UCKINGHAMSHIRE ASSOCIATION FOR MENTAL HEALTH IA ¢ompany limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 Accountlng pollclos IcontSnu•dl 1.5 Expendlture Expenditure is reeognlsed once there is a legal or conslructive Obligation to Iransler economic benefil lo a third party, il is probable that a transfer ol eoonomic benefits will be required in settlement and Ihe amount of the obligation can be rneasured reliably. Expenditure is classified by 8clivily. The costs ol each activity are made up of the lolal ol di￿¢1 costs and shared costs, including support costs involved In undertaking each aclivily. Direct costs allributable to 8 single 8Ctivity ale allocated directly to that activity. Shared wsls which conlribulè lo more th8n activity and 5UPPOrt costs which ara not 8tlribulable to 8 single aclivily are apportioned between those aclivilies on a basis COllSlStent wilh the use ol resources. Central staff costs are allocated on the basis of lime spènt. and depreciation charges allocated on Ihe portion of the asset's use. Fundraising costs are those incurred in seeking voluntary contributions and do not include the costs ol disseminating information in support of the eharilable acliwtiés. Support Costs are those costs incurred directly in support ol expenditure on th8 objects of the company and include project management carried out al Headquarters. Costs ol generating funds arè costs incurred in a(tracling voluntary Sncom8, and ihosg incurred in trading activities that raisè funds. Charitable activities and Governance costs are costs incurred on the company's operations, Including support costs and costs relating to the governance of the company ap5X>rtioned to charllable aciivities. 1.8 Govèrnmènt grant$ Government grants relating to tangible fixed assets are Irealed as deferred income and rel8a5ed t the Statemenl ol financial activities over the expected useful lives ol the assets concerned. Other grants are credited to the Slalemenl of financial activities as Ihe rel8t8d Èxpenditure is incurred. 1.7 Interest recelvable Interest on funds held on deposit is included when recewable and thè amount can be measured reliably by thè Company.. this is normally upon notification ol th8 inleresl paid or payable by the nstitution wilh whom the lunds are deposited. 1.8 Tanglble flxed assets and dèprèci4tlon Tanglblè flx8d assèts e051ing £fj,000 or rnore are capilallsed. A review for impairment of a fixed asset is carried out il events or changes in circumstances indicat8 that the carrying value ol any fixed ass81 may not be recoverable. Shorllalls betwèèn the carrying value ol fixed assets and their recoverable amounls are recognised as Impairtnenls. Impairment losses are recognised in the Slatemenl ol financial activities incorporating income and expenditure accounl. Tangible fixed assets are are carrled al cost or valuation. net ol depreciation and any provision lor impairment. Page 34 THE BUCKINGHAMSHIRE ASSOCIATION FOR MENTAL HEALTH {A company Ilmited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 Accountlng poll¢les l¢ontlnuedl 1.8 Tanglblo flxad assèts and depreciatlon Icontlnued) Depreci8b'on is not charged on f￿ehOld land. Depreciation is provided al rates calculated lo write off the cost or valuation ol tangible fixed assets less their residual value over their estimated useful lives, using the straight-line method. Depreciation 4$ provided on the following bases.. Freehold properly 2% slraighl line Fixtures and fittings 33.￿ straight line Office equipment 33°/o straight line FrÉ8htsld property lrnprovement - 20Yo Straight line 1.9 Investments Fixed asset investmants are 8 lorrn of financial instrumanl and arè initially rÈcognised 81 their transaction cost and subsequently measured al lair value at the BÈlane8 sheet date, unless the value cannot bè measured reliably in which caso il is mÈasur8d at cost less impairment. Investment gains 8nd losses. whether realised or unrealis8d. are cDmbined and presented as 'GainsllLossasl on inve5trrents' in the Slalemenl of financial a¢livitie5. 1.10 Debtors Tr8de and other debtors are ￿cogniSed at Ihè sèlllemenl amount after any trade discounl ollered. Prepayments are valued at the amount prepaid nel of any trade discounts due. 1.11 Cash at bank and in hand Cash al bank and in hand includes cash and short-lerm highly liquid investments with 8 short maturity ol three months or less Irorn the date of acquisilK)n or opening of th8 d8posII or similar account. 1.12 Liabilities and provislons Liabilities are recognised wh8n there is an obligation al the Balance sheet dale as 8 result of a past event, it Is probable that a Iransler ol economic benefit will be required in setll8m&nl, and the amount of thè sètllémenl can be 8Stimaled reliably. Liabilities are recognised at the amount th81 the Company anticipates il will pay lo settle the debl or Ihe amount il has receivèd as advanced payments lor the goods or services il must provide. Provisions are measured al the best estimate of the amounts required to settle the obligation. Where the effect of the lime value of money is matèrial, the provision 15 based on the present value ol those amounts, discounted at the pre-tax discoLJnt rale that refleols the risks specific to the li&bilily. Th8 unwinding ol Ihe discount Is re¢(>gni5ed in the Slaternent ol financial activities as a finance ¢osl. Page 35 THE BUCKINGHAMSHIRE ASSOCIATION FOR MENTAL HEALTH IA Gompany limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 AccouFrting policies Icontlnuedl 1.13 Flnancial instruments The Company only has financial assets and financial li8bililies ol a kind that qualify as basic financial instruments. Basic financial instrumenls are initially recognised at transaction value and subsequently me8SUfed al their settlement value with the exception of bank loans which are subsequgnlly measured al amortlsed cost using the effective interest method. 1.14 Penslons The Company tsperates a defined contribtjtion pension scheme and thè pension charge represents Ihe amount$ p8y8ble by the Company lo th& fund in respect of the year. 1.15 Fund accounting General funds are unreslricled funds whlch 8ra available lor use at the dis¢rolK>n of th8 Trustees in furtherancè ¢)f the general objectwes of the Company and which have not been designated for othar purposes. Reslricted funds are funds which are lo be used in aecordance wilh specific ￿st{bellonS imposed by donors or whieh have b89n raised by the Company for particular purposes. The costs of raising and administering such funds are charged against the specific fund. Thè alm and use of each restricted fund Is sel out in the notes lo the finan¢ial slalemenls. Investment income, gains and losses are allocatèd to the 8ppropiiale fund. 1.16VAT The cornpany is now registerèd lor VAT and its expens85 arè mostly inflated by VAT which cannot be recovered. VAT returns are prepared on a partial 8x8mPtion basis. Incomè from donations and l•gacies Unrostrleled funds 2022 Total funds 2022 Total funds 2027 Donations 48,264 48,264 31,570 Page 36 THE BUCKINGHAMSHIRE ASSOCIATION FOR MENTAL HEALTH IA company limite(I by guarantèè) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 Incoma from ¢harStabl? activltles Restricted Unrestricted funds funds 2022 2022 Tolal funds 2022 Tolal funds 2027 Counselling Communily Services Prevèntion S8rvices 72.425 1,497,031 72,425 1.698.161 56.206 7,266,855 20, 186 201.130 Total 2022 201.130 1,569,456 1,770,586 1,343,247 Total 2021 213,664 t, 129,583 t,343,247 Incom• from other trading 3¢llvllles Income from fundralslng events Unrèstrlcttd funds 2022 Total lunds 2022 Tolal funds 2021 Sponsorship and fundralsing Rental property income 75,456 1,090 75,456 1.090 90,308 96 Total 2022 76.546 76.546 90,4Q4 Inv8stm•nt Incoma UnrestrÉcted funds 2022 Total funds 2022 Tol81 fvnds 2021 IncoTlle from listed investments Bank interest 11,744 69 11.744 69 10, 100 174 Totsl 2022 11,813 11,813 10,214 Page 37 THE BUCKINGHAMSHIRE ASSOCIATION FOR MENTAL HEALTH IA company limlted by guarant601 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 other incomlng rasour¢e$ Unrestrlcted fund5 2022 Total funds 2022 Total lunds 2021 Coronavirus Job Retention Scheme 27,609 Expenditure on raSslng fund& Unre$tricted funds 2022 Total funds 2022 Tolal funds 2021 Costs of raising voluntary income 2,261 2.261 1, 182 Othar tradlny actlvltles Unrèstrleted funds 2022 Total funds 2022 Total funds 2021 R8ntal properly costs 34.319 34,319 34,Q95 Page 38 THE BUCKINGHAMSHIRE ASSOCIATION FOR MENTAL HEALTH {A Company Ilmlted by guarantee NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDEO 31 MARCH 2022 Analysls of expendltura by a¢tivSti05 Actlvities undertaken directly 2022 Support eosts 2022 Total funds 2022 Tolal funds 2027 Counsellin9 Community Services Prevention Services 152.150 1,499.009 44,377 136.332 196,527 1,635,341 166,337 1.074,340 130,671 1,651.159 180,709 1.831.868 1,371,348 Tot812021 1.206. 171 165, 177 1,3TI,348 Analysis ol direct costs Communlty Pr•v8ntion Sèrvlcés Sèrvices 2022 Total funds 2022 Tol81 funds 2021 Counselllng 2022 2022 Staff costs DiTe¢l costs 144,403 7.747 1,347.602 151,407 1,492.005 159,154 1, 154,015 52, 156 Total 2022 152.150 1,499,009 1,651.IS9 1,206, 171 Tol812021 125,843 998.250 82,078 1,206, 17? Page 39 THE BUCKINGHAMSHIRE ASSOCIATION FOR MENTAL HEALTH IA company Ilmltèd by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 Analysls of expandlturè by a¢tivitios Icontlnuedl AnalysSs of 5UPPOrt costs Community Prevention Servlces Servicas 2022 2022 Total funds 2022 Tolal funds 2021 Counselling 2022 Depreciation Supporl costs 3,200 133,132 3,200 177.509 3,200 761.977 44,377 44,377 136,332 180,709 165,177 Total 2021 40,494 76,090 48,593 165, 1 T7 Auditorfs remuneration The auditols rèrnun8ralion amounts lo an auditor fee of £7,38012021 £7.0801. 10. Staff cost 2022 2021 Wages and salaries Social s8curily costs Contributson lo defined conlribvlion pension schemes 1,362,387 93,226 36,392 1.054,084 72,086 27,845 1,492.005 7. 154,015 The average number ol persons employed by Ihe Company during the year was as follows.. 2022 No. 2021 No. Employees 82 65 No employe¢ received remuner81ion amounting to more than £60.(￿0 in either year. During the year the charity paid ￿muneratIOn 01 £206,14312021 £163.515110 its key management personnel. Page 40 THE BUCKINGHAMSHIRE ASSOCIATION FOR MENTAL HEALTH IA company Ilmited by gyaranteel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 Tryslees. remuneratlon and èxpgnses During the year, no Trust&8s rectsived any remuneration or other benelits (2021 £NILJ. During the year ended 31 March 2022, expenses lotalling f31 were reimbursed or paid direcuy to 1 Tru$tee12021- £NIL to Trusloe). 12. Tanglblo fixed a$sets Freehold property Office equlpmènt Other fixed assets Total Cost or valualion At 1 April 2021 Revaluations 240,000 360.000 76,044 15,421 331.465 360,000 At 31 March 2022 600,000 7fj,044 15,421 691,46S Dèpreciation Al 1 April 2021 Charge lor the y8ar On revalued assgt5 19.200 3,200 122,4001 76,044 1S,421 110.665 3,200 122,4001 At 31 Marctt 2022 76,044 15,421 91,465 Net book value Al 31 March 2022 600,000 600,000 Al 31 March 2021 220,800 220,800 Included in land and bui1din9s is I￿ehOld land al valuailon of £600,0(10 12021 £80,000) which is nol depreciated. The Trustees have reviewed the value ol thè propèily al the balance sheet dale and considar the abov8 value to be materially correct. Page 41 THE BUCKINGHAMSHIRE ASSOCIAT50N FOR MENTAL HEALTH (A company Ilmited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 13. Fixed asset investments Lisle(I Investments Cost or valuation Al 1 April 2021 Additions R8valLJalions 230,569 200,000 20,845 At 31 March 2022 451,414 Net book valu• At 31 March 2022 451,414 At 31 Mar¢h 2027 230,569 14. Debtors 2022 2021 Due wlthln one y8ar Trade debtors Other debtors Prepayments and accrued income 61,029 200 12,242 21,797 16,817 73,471 38.614 15. CrodStors: Amounts falling due wlthln one yoor 2022 2021 Trade credilors Other laxalion and social security Other creditors Accrua15 and deferred income 35,503 32,359 10,938 249,773 17,329 21. 187 14,401 173,616 328,573 232,533 Page 42 THE BUCKINGHAMSHIRE ASSOCIATION FOR MENTAL HEALTH IA company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 2022 2021 Deferred in¢ome Deferred incorne al 1 April 2021 Resources dÈf8rr8d during the year Amounts ralga$ad from previous periods 153.571 155,076 227.978 153,571 1153,5711 (755,076J Deferred Sneome at 31 March 2022 227,976 153,571 Page 43 THE BUCKINGHAMSHIRE ASSOCIATION FOR MENTAL HEALTH IA company Ilmlted by guaranteo) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 18. Statement gf funds Statement of funds - current year Balance at 31 March 2022 Balance at 1 April 2021 Gainsl (Losses) Incomo Expendllure Unrastrlctod funds General Funds- all R8V81uation reseN& 432,002 220,800 1,706.079 11,664,1181 13,200} 20,845 382,400 494,808 600,000 652,802 1.706,079 11,667.3181 403,245 1,094,808 Rèstrlel¥d funds Belriending Services Employrnenl Support Older Adults Service Min3.044 (1,406.625) 43,367 652,802 P8ge 45 THE 8UCKINGHAMSHIRE ASSOCIATION FOR MENTAL HEALTH IA company Ilmlttd by gu8ranleel NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 17. Summary of funds Summary of funds- Currènt year Balance at 31 March 2022 Balance at 1 April 2021 Gainsl (Losses) Income Expenditure General funds 652,802 1.706,079 {1,667,3181 201,130 1201,1301 403,245 1,094,808 Restricted funds 652,802 1,907,209 11,868,4481 403,245 1,094,808 Summary of funds . prlor ygaT B818nce al 31 March 2021 Balancg al l April 2020 Transfers in/tsul Goin (Losses) Income Expenditu Generèl funds Restricted fund$ 513,016 1,289,380 213,664 {1,192,961J (213.664) 43,367 652,802 513,016 1,505,Q44 (1,406,625) 43,361 652,802 18. Analysr5 of net assets between funds Analysls of net assets bètwttn fun¢J$ - current year Unrestricted funds 2022 Total funds 2022 Tangible fixed assets Fixed asset investmen15 Current assets Creditors due within on8 year 600,000 600,000 451,414 451,414 371,967 371,967 1328,5731 1328,5731 Total 1.094,808 1,094.808 Page 46 THE BUCKINGHAMSHIRE ASSOCIATION FOR MENTAL HEALTH IA Company Ilmiled by gL¢arant8e) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 18. Analysls of net assets botween lunds1¢onlinuedl Analysis of net assets between funds . prlor yèar Unrestricted funds 2021 Ttstèl runds 2021 Tangible fix9d assets Fixed asset invèslments Current assets Creditors due within one year 220,8QO 220,800 230.569 230,589 433.966 433,966 (232.533) (232,533) Total 652,802 652,802 19. R¢¢onciliation of net movèment in funds to nat cash flow from op•ratlng actlvitlès 2022 2021 Nel incomè lor thè year las per Statement of Financial Acliviliesl 59,606 139.786 Adjustments for.. Depreciation charges Gains on investrnenls Dividends, interests and rènts from inveslmenls Decroaselincrease in debtors Increase in C￿ditOrS 3,200 {20.8451 {11.8131 {34,857 96,040 3,200 (43,367) (70.214) 8,801 7,458 Net ¢ash provld•d by op8rating a¢tivllles 91,331 105.664 20. Analysls of eash and cash equlvalents 2022 2021 Cash In hand 298,496 395,352 Total eash and cash equivalents 298,496 395.352 Page 47 THE BUCKINGHAMSHIRE ASSOCIATION FOR MENTAL HEALTH IA company Ilmlted by guarantea) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 21. Analysls of changes in net debt At l Aprll 2021 Cash flows At 31 March 2022 Cash at bank and in hand 395,352 {96,8561 298,496 395,352 196,8561 298,496 22. Penslon commitments The Gharily operates a defined contribution pension scheme. The assets of the scheme are held separately from those of Ihe charity in an independently administered lund. The pension cost charge represents contributions payable by the group tr) the fund and amOUTiled lo £36,39212021 £27,845). Contributions lolalling £9,23612021 £8,9841 were payable lo the lund al the balance sheet date and are included in creditors. 23. Operating Itase commitments Al 31 March 2022 the Cotnpany had commilmenis to make fulure mSnimum tease payments under non- cancellable operaling leases as lollows.. 2022 2027 Not later than 1 year Later than 1 year and nol later than 5 years 26,381 45,051 29.339 13,656 71,432 42.995 Page 48