2021-03-31-accounts - The Mcpin Foundation

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			Page
Report ofthe Trustees		I	to	8
Report oi'the Indcpcndcnt Auditors		9	to	10
Statement ofFinancial	Activities
Balance Sheet		12	to	13
Cash Flow Statement			14
Notes to the Cash Flow Statement			15
Notes to the Financial	Statements	16	to	25
Detailed Statement of	Financial Activities	26	to	28

Statement ofFinancial Activities for the Year Ended 31 March 2021
					31.3.21	31.3.20
			Unrestricted	Restricted	Total	Total
		Notes	funds f	funds f	funds	fundsf
INCOME AND ENDOWMENTS	FROM
Donations and legacies		2	3,746	22,114	25,860	51,660
Charitable activities
Enhancing mental well-being			9,055	465,931	474,986	527,564
Other trading activities		3				768
Investment income		4	21,625		21,625	61,822
Total			34,426	488,045	522,471	641,814
EXPENDITURE ON
Charitable activities
Enhancing mental well-being			131,503	700,189	831,692	759,051
Nct gains/(losses) on investments			319,972		319,972	(195,400)
NET INCOME/(EXPENDITURE)			222,895	(212,144)	10,751	(312,637)
Transfers between funds		17	(216,854)	216,854
Net movement in funds			6,041	4,710	10,751	(312,637)
RECONCILIATION OF FUNDS
Total funds brought forward			1,938,299	995,114	2,933,413	3,246,050
TOTAL FUNDS CARRIED FORWARD			1.944,340	999,824	2,944,164	2,933.413

Balance Sheet 31Mar~021
				31.3.21	31.3.20
		Unrestricted	Restricted	Total	Total
	Notes	funds f	lands cc	funds f	fundsf
FIXEDASSETS
Tangible assets Investments	13 14	8,041 1,712.722		8,041 I 712722	7,170 1.645.852
		1,720,763		1,720,763	I 653022
CURRENT ASSETS
Debtors	15	189,572		189,572	104,300
Cash at bank and in hand		148,652	999.824	1,148.476	1.207.027
		338,224	999,824	1,338,048	1,311,327
CREDITORS
Amounts falling duc within one year	16	(114,647)		(114,647)	(30,936)
NET CURRENT ASSETS		223.577	999,824	1.223,401	1.280,391
TOTAL ASSETS LESSCURRENT
LIABILITIES		1,944,340	999,824	2,944,164	2,933,413
NET ASSETS		1,944.340	999,824	2.944,164	2,933.413
FUNDS	17
Unrestricted funds				1,944,340	1,938499
Restricted funds				999.824	995.114
TOTALFUNDS				2,944.164	2.933.413

c hFI 8
r h Y arF ed	I		h 2021
							31.3.21	31.3.20
						Notes	f	f
Cash flows from operating			activities
Cash generated fiom	operations						(333,709)	(143,894)
Tax paid							3,981	14.237
Net cash used in operating		activities					(329,728)	(129.657)
Cash flows from investing			activities
Purchase oftangible	fixed	assets					(3,550)	(6,420)
Sale ol' fixed asset investments							253,102	590,272
interest received							1,081	2,166
Dividends received							20,544	59,656
Investment losses								(138.217)
Nct cash provided by	investing			activities			271,177	507.457
Change in cash and	cash	equivalents			in
the reporting period							(58,551)	377,800
Cash and cash equivalents			at	the
beginning ofthe reporting			period				1.207,027	829.227
Cash and cash equivalents			at	the end	of
the reporting period							1.148,476	1,207 027

OPERATING AC	TIVITI	ES
					313.21	31.3?0
						f
Net income/(expenditure)		for the reporting	period (as per the
Statement ofFinancial Activities)					10,751	(312,637)
Adjustments for:
Depreciation charges					2,679	2,391
(Gain)/losses on invesunents					(319,972)	195,400
Interest received					(1,081)	(2,166)
Dividends received					(20,544)	(59,656)
Revaluation ofFA	investmcnts					84,544
(Increase)/decrease	in debtors				(89,253)	10,020
increase/(decrease)	in creditors				83.711	(61,790)
Net cash used in operations					(333,709)	(143,894)
ANALYSIS OFCHANGES IN NET FUNDS
				At 1.4.20 f	Cash gow f	At 31.3.21 f
Net cash
Cash at bank and in	hand			1.207.027	(58,551)	1,148,476
				1,207,027	(58,551)	1,148,476
Total				1,207,027	(58,551)	1,148.476


2.	DONATIONS		AND LEGACIES
					31.3.21	31.3.20
						f
	Donations				29,841	47,679
	Gilt aid				(3,981)	3,981
					25,860	51,660
X	OTHER TRADING ACTIVITIES
					31.3.21	31.3?0
					f	f
	Fundraising	income				768
	INVESTMENT			INCOME
					31.3.21	31.3.20
					f	f
	Other fixed	asset		invest - FII	20,544	59,656
	Deposit account			interest	1,081	2,166
					21,625	61,822

INCOME FROM CHARITABL	INCOME FROM CHARITABL	INCOME FROM CHARITABL	E ACTIVITIES	E ACTIVITIES	E ACTIVITIES
Contracted Services, Agreements			&Consultancy				31.3.21	31.3?0
Partners 2 Birmingham &Solihull				I-lee 1th	Foundation	Trust	47,711	38,328
UCL - School ofPublic Health		MI-I programme					60,153	48,199
Oxford Health NHS Trust - i4i		gamechangc					56,854	69,761
Black Thrive - developmental		evaluation					82,992	0
Plymouth Uni - Community	Transformation				Pilots		22,000	0
KCL - CBM psychosis							10,375	5,000
Oxlord Uni - UKRI networks							33,668	19,432
Oxford Uni - Feeling Safe							12,632	3,965
Sussex Uni - EYE2							11,671	11,232
Nottingham Uni - NEON							6,296	11,455
KCL - Keep Cool							9,282	0
KCL - MH &Social Justice							4,000	9,000
Cambridge Uni - SINNAPS							7,572	10,315
Cambridge Uni - TYPPEX							7,588	12,617
Mind - Side by side							0	90,000
Oxlord VR - depression and	OCD						0	33,805
UCL - Community Navigators							0	3,000
StJoseph's I-lospice - Compassionate				neighbours			0	17,625
MHUK - Money advice evaluation							0	5,000
SLAM - Work Well							0	19,390
Other							102.170	119.440
							474966	527.564

				Grant
				funding of
				activities	Support
			Direct	(sce note	costs (see
			Costs f	7)f	note 8) f	Totalsf
Enhancing	mental	well-being	689,987	10.644	131,061	831,692
GRANTS	PAYABLE
					31.3.21	31.3.20
					f	f
Enhancing	mental	well-being			10.644	14.202
The total granks paid to institutions			during the year was as follows:		31.3.21	31.3.20
					f	f
Exeter University						8,131
Sussex Partnership		NI-IS Trust			4,769	4,071
Science Media Centre						2,000
UCL					5.797
					10.566	14,202

								Information
						Management f	Finance f	technology f
Enhancing		mental well-being				77,416	26,408	4,278
					I-lumen		Governance
					resources	Other	costs	Totals
					f	f	f	f
Enhancing		mental well-being			1,337	15.303	6,319	131,061
NET INCOME/(EXPENDITURE)
Net income/(expenditure)				is stated ager charging/(crediting):
							31.3.21	31.3.20
							f
Auditors'	remuneration						4,130	4,000
Depreciation		-	owned assets				2,679	2,391
Other operating			leases					4.809

					31.3.21	31.3.20
					f	8
Wages and salaries					516,093	440,254
Social security	costs				46,087	34,843
Other pension	costs				23.073	18,584
					585.253	493.681
The average monthly		number ofemployees		during the year was as follows:
					31.3.21	31.3.20
Charitable activities		k support staff			17	16
No employees	received emoluments		in excess ol'f 60,000.

Notes	to the Finan ial Statements - continued	to the Finan ial Statements - continued
f rthe	Ye rF I M h2 vl
12.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
			Unrestricted	Restricted	Total
			funds f	lands	fundsf
	INCOME AND ENDOWMENTS	FROM
	Donations and legacies		23,704	27,956	51,660
	Charitable activities
	Enhancing mental well-being		2,532	525,032	527 564
	Other trading activities		768		768
	Investment income		61.702	120	61.822
	Total		88,706	553,108	641,814
	EXPENDITURE ON
	Charitable activities
	Enhancing mental well-being		88,720	670,331	759,051
	Net gains/(losses) on investments		(195,400)		(195,400)
	NET INCOME/(EXPENDITURE)		(195,414)	(117,223)	(312,637)
	Transfers between funds		(137,187)	137.187
	Net movement in funds		(332,601)	19,964	(312,637)
	RECONCILIATION OF FUNDS
	Total funds brought forward		2370,900	975,150	3,246,050
	TOTAL FUNDS CARRIED FORWARD		1.938.299	995,114	2.933.413
13.	TANGIBLE FIXEDASSETS
			Fixtures
			and	Computer
			fittings f	equipmcnt f	Totals f
	COST
	At I April 2020 Additions		15,495	3.550	15,495 3.550
	At 31 March 2021		15,495	3,550	19,045
	DEPRECIATION
	At I April 2020		8325		8,325
	Charge ior year		1,792	887	2.679
	At 31 March 2021		10.117	887	11.004
	NET BOOK VALUE
	At 31 March 2021		5378	2,663	8,041
	At 31 March 2020		7.170		7.170

realised profit off24,726on the disposal during thc year I'rom its revalued co The total realised gain on this disposal wasf75,526.	st at31.3.20 to the	date ofdisposa
		Listed
MARKET VALUE		investmentsf
At I April 2020		1,645,852
Disposals		(228,376)
Revaluation		295.246
At 31 March 2021		1,712,722
NET BOOK VALUE
At 31 March 2021		1.712.72
At 31 March 2020		1.645,852
DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
	31.3.21	31.3.20
	f	f
Trade debtors	173,416	64,876
Other debtors	16,156	16,156
Tllx		3,981
Prepayments		19.287
	189,572	104.300
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	31.3.21	31.3.20
	f	f
Trade creditors	11,162
Social security and other taxes	13,616	12,433
Other creditors		(211)
Income in advance	85,739	10,720
Pensions payable		3.394
Accrued expenses	4,130	4,600
	114,647	30,936

MOVEMENT IN	FU	ND	S
								Net	Transfers
								movement	between	At
							At 1.4.20 f	in funds f	funds f	31.3.21 f
Unrestricted funds
General fund							1,938,299	222,895	(216,854)	1,944.340
Restricted funds
Judi Meadows Memorial			Fund				14,074			14,074
Other commissions	under		contract					(161,727)	161,727
Lile Stories								(2,605)	2,605
The Peer Research	Academy				Fund		896,586	(923)		895,663
Community Navigator		Study			(loneliness)		3,000	(160)	(2,840)
AMHRF (Alliance)							1,457			1,457
Words that carry on: Lindsay's					Fund		71,527	17,103		88,630
Research Team Consultancy								(63,832)	63,832
Virtual Reality Depression							8,470		(8,470)
							995,114	(212.144	216.854	999,824
TOTAL FUNDS							2,933,413	10,75 1		2,944,164
Net movement in funds, included						in the above arc as follows:
							Incoming	Resources	Gains and	Movement
							resources f	expended f	losses f	in lunds f
Unrestricted funds
General fund							34,426	(131,503)	319,972	222,895
Restricted funds
Other commissions	under		contract				309,426	(471,153)		(161,727)
I.il'e Stories								(2,605)		(2,605)
The Peer Research Academy				Fund				(923)		(923)
Community Navigator		Study		(loneliness)				(160)		(160)
Words that carry on: Lindsay's					Fund		18334	(1,231)		17,103
Research Team Consultancy							52493	(116,125)		(63,832)
Black Thrive							85,992	(85,992)
Community Pilots							22,000	(22.000)
							488.045	(700.189)		(212.144)
TOTAL FUNDS							522,471	(831,692)	319,972	10,751

Comparatives for	mo	ve	ment	in funds
						Net	Transfers
						movement	between	At
					At 1.4.19	in funds	funds	31.3.20
					f	f	f	f
Unrestricted funds
General fund					2.270,900	(195,414)	(137,187)	1,938,299
Restricted funds
Judi Meadows Memorial			Fund		22,121	(8,047)		14,074
Other commissions	under		contract		5,913	(106,061)	100,148
Life Stories						(4,494)	4,494
The Peer Research	Academy			Fund	900,436	(3,850)		896,586
Community Navigator		Study		(loneliness)		3,000		3,000
BBOBuilding Better		Opportunities				(3,776)	3,776
AMI.IRF (Alliance)					1,557	(100)		1,457
Words that carry on: Lindsay's				Fund	45,123	26,404		71,527
Research Team Consultancy						(28,769)	28,769
Virtual Reality Depression						8,470		8.470
					975,150	( I 17223)	137,187	995,114
TOTAL FUNDS						(312,637)		2,933,413

				Incoming	Resourcm	Gains and	Movement
				resources f	expended f	losses	in I'unds f
Unrestricted funds
General fund				88,706	(88,720)	(195,400)	(195,414)
Restricted funds
Judi Meadows Memorial		Fund		120	(8,167)		(8,047)
Other commissions under		contract		142,046	(248,107)		(106,061)
Life Stories				10,000	(14,494)		(4,494)
The Peer Research Academy			Fund		(3,850)		(3,850)
Community Navigator	Study		(loneliness)	3,000			3,000
Partners2				38,328	(38,328)
Compassionate Neighbours				17,625	(17,625)
BBOBuilding Better	Opportunitics			14,183	(17,959)		(3,776)
Game change				69,761	(69,761)
AMI-IRF (Alliance)				(100)			(100)
Words that carry on: Lindsay's			Fund	28,056	(1,652)		26,404
Women's Peer Support				90,000	(90,000)
Research Team Consultancy				57,843	(86,612)		(28,769)
Virtual Reality Depression				34,047	(25,577)		8,470
School ofPublic Health	Research			48,199	(48,199)
				553,108	(670,331)		(117,223)
TOTAL FUNDS				641.814	(759,051)	(195,400)	(312.637)

						Net	Transfers
						movement	between	At
					At 1.4.19 f	in lands f	funds f	31.3.21 f
Unrestricted funds
General fund					2,270,900	27,481	(354,041)	1,944,340
Restricted funds
Judi Meadows Memorial			Fund		22,121	(8,047)		14,074
Other commissions	under		contract		5,913	(267,788)	261,875
Life Stories						(7,099)	7,099
The Pccr Research	Academy			Fund	900,436	(4,773)		895,663
Community Navigator		Study		(loneliness)		2,840	(2,840)
BBOBuilding Better		Opportunities				(3,776)	3,776
AMHRF (Alliance)					1,557	(100)		1,457
Words that carry on: Lindsay's				Fund	45,123	43,507		88,630
Research Team Consultancy						(92,601)	92,601
Virtual Reality Depression						8.470	(8,470)
					~975 150	~329.367	354.041	999.824
TOTAL FUNDS					3,246,050	(301,886)	-	2,944.164

				Incoming	Resources	Gains and	Movement
				resources f	expended f	losses f	in I'unds f
Unrestricted funds
General fund				123,132	(220,223)	124,572	27,481
Restricted funds
Judi Meadows Memorial		Fund		120	(8,167)		(8,047)
Other commissions under		contract		451,472	(719,260)		(267,788)
Life Stories				10,000	(17,099)		(7,099)
The Peer Research Academy			Fund		(4,773)		(4,773)
Community Navigator	Study		(loneliness)	3,000	(160)		2,840
Partners2				38,328	(38,328)
Compassionate Neighbours				17,625	(17,625)
BBOBuilding Better	Opportunities			14,183	(17,959)		(3,776)
Game change				69,761	(69,761)
AMI-IRF (Alllallce)				(100)			(100)
Words that carry on: Lindsay's			Fund	46,390	(2,883)		43,507
Women's Peer Support				90,000	(90,000)
Rcscarch Team Consultancy				110,136	(202,737)		(92,601)
Virtual Reality Depression				34,047	(25,577)		8,470
School ofPublic I-lealth	Research			48,199	(48,199)
Black Thrive				85,992	(85,992)
Community Pilots				22,000	(22,000)
				1,041,153	(1,370,520)		(329,367)
TOTAL FUNDS				1.164,285	(1,590.743)	124,572	(301,886)

Detailed tatement ofFinancial	Detailed tatement ofFinancial	Activitie	Activitie
frh Y rFn	iM		I
				31.3.21f	31.3.20f
INCOME AND ENDOWMENTS
Donations and legacies
Donations Gift aid				29,841 ~3.981)	47,679 3.981
				25,860	51,660
Other trading activities
Fundraising income					768
Investmentincome
Other fixed asset invest - Fll				20,544	59,656
Deposit account interest				1,081	2,166
				21,625	61,822
Charitable activities
Incoming resources from charitable			funds	445,050	462,191
Consultancy				29,936	65,373
				474,986	527.564
Total incoming resources				522,471	641,814
EXPENDITURE
Charitable activities
Wages				463,945	401,921
Social security				43,631	33,779
Pensions				20,890	17,456
Other operating leases					4,809
Telephone				911	1,227
Postage and stationery				1,139	8
Sundrics				45,744	61,598
Conlerence lees				466	542
DBScosts				23,992	485
Event catering				362	4,773
Computer sogware, equipment		&NASSTAR		25,794	28,2$8
Consultancy				43,826	61,886
Marketing, recruitment	&advertising			7,176	4,700
Travel &subsistence				4,816	27,457
Stafftraining				6,619	5,243
Liccnces				676	676
Grants to institutions				10,566	14402
Grants to individuals				7$
				700,631	669,050

Detailed Statement		ofFinancial	ofFinancial
for the Year Ended		31	March 2021
				31.3.21 8	31.3.20f
Support costs
Management
Wages				52,148	38,333
Social security				2,456	1,064
Pensions				2,183	1,128
Rates and water				20,841
Advertising &marketing
Consultancy				(1,529)	576
Travel &entertaining				1,086	1.888
Ollice fumiturc & repairs				187
				77,416	42,989
Finance
Bank charges					96
Accountancy lees				5,720	7,200
Blackrock investment			fees	20,604	8,456
Fundraising cosLs				84	50
				26,408	15,802
Information technology
Computer sogwarc		&NASSTAR		3,888	4,813
BTConferencing				9	28
Fasthost domain fees				381	379
				4,278	5,220
Human resources
Conference fees				297	(129)
Stafftraining				1,040	1,798
DBScosts					6
Other employment		costs			349
				1,337	2.024
Other
Running costs				15,303	17,425
Governance costs
Trustees' expenses	&training			51	684
Auditors' remuneration				4,130	4,000
Other governance	costs			2.138	1,857
				6,319	6.541
Total resources expended				831,692	759,051
Net expenditure before			gains and losses	(309,221)	(117,237)
Realised recognised		gains and losses
Carried forward				(309,221)	(117,237)