||||Page||
|---|---|---|---|---|
||Report ofthe Trustees|1|to|8|
||Report ofthe Independent
Auditors|9|to|11|
||Statement ofFinancial Activities||||
|.-,|—.BalanceSheet||1.3; .||
||Cash Flow Statement||14||
||Notes to the Cash Flow Statement||15||
||Notes to the Finaneial Statements|16|to|24|
||Detailed Stateme tofFinancial Activities|25|to|27|
##
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##
||||||||31.3.22|31.3.21|
|---|---|---|---|---|---|---|---|---|
||||||Unrestricted|Restricted|Total|Total|
||||||funds|funds|funds|funds|
|||||Notes|||||
|INCOME|AND ENDOWMENTS FROM||||||||
|Donations|and legacies||||48,628|23,210|71,838|25,860|
|Charitable|activities||||||||
|Enhancing|mental well-being'|||||697,985|697,985|474,986|
|Other trading activities|||||6,496||6,496||
|Investment|income||||7,823||7,823|21,625|
|Total|||||62,947|721,195|784,142|522,471|
|EXPENDITVlErON||-,|—.||||||
|Charitable|activities||||||||
|Enhanoing|mental well-being||||387,420|709,655|1,097,075|831,692|
|Net gains|on investments||||43,687||43,687|319,972|
|NET INCOME/(EXPENDITURE)|||||(280,786)|11,540|(269,246)|10,751|
|RECONCILIATION||OF|FUNDS||||||
|Total funds brought forward|||||1,944,340|9999824|2,944rl64|2,933,413|
|TOTAL FUNDS CARRIED FORWARD|||||1,663,554|1,011,364|2,674,918|2,944i164|
##
|||||31.3.22|31.3.21|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Total|Total|
|||funds|funds|funds|funds|
||Notes|||||
|FIXEDASSETS||||||
|Tangible assets|13|7,968.||7,968|8,041|
|Investments|14|860,746|895,663|1,756,409|1,712,722|
|||868,714|895,663|1,764,377|1,720,763|
|CURRENT ASSETS||||||
|Debtors|15|125,014|100,000,|225,014|189,572|
|Cash at bank and in hand||695,053|180,701|875,754|1,148,476|
|||820,067|280,701|1,100,768|1,338,048|
|CREDITORS||||||
|Amounts
falling due within one year|16|(25,227)|(165,000)|(190,227)|(114,647)|
|NET CURRENT ASSETS||794,840|115,701|910,541|1,223,401|
|TOTAL ASSETSLESSCURRENT||||||
|LIABILITIES||1,663,554|1,011,364|2,674,918|2,944,164|
|NET ASSETS||1,663,554|1,011,364|2,674,918|2,944,164|
|FUNDS|18|||||
|Unrestricted
funds||||1,663,554|1,944,340|
|Restricted funds||||1,011,364|999,824|
|TOTAL FUNDS||||2,674,918|2,944,164|
||C 1H
II
forthe Year End|||||
|---|---|---|---|---|---|
|||||31.3.22|31.3.21|
||||Notes|||
||Cash tlows from operating|activities||||
||Cash generated
from operations||1|(226,479)|(333,709)|
||Tax paid|||(7,500)|3,981|
||Net cash used in operating|activities||(233,979)|(329,728)|
||Cash flows from investing|activities||||
||Purchase oftangible
fixed assets
Purchase offixed asset investmdnts|||(2,879)
(43,687) '|(3550)|
||Saleoffixed asset investments||||253,102|
||Interest received
.|||105|1,081|
||Dividends
received|||7,718|20,544|
|,|Net cash (used in)/provided|by investing|activities|(38,743)|271,177|
|||c||||
||Change in cash and cash|equivalents|in|||
||the reporting period|||(272,722)|(58,551)|
||Cash and cash equivalents|at the||||
||beginning ofthe reporting|period||1,148,476|1,207,027|
||Cash and cash equivalents|at the end|of|||
||the reporting
period|||875,754|1,148i476|
##
|||||31.3.22|31.3.21|
|---|---|---|---|---|---|
|Net (expenditure)/income|for'the reporting|period (asper the||||
|Statement ofFinancial Activities)||||(269,246)|10,751|
|Adjustments
for:||||||
|Depreciation
charges||||2,952|2,679|
|Gain on investments||||(43,687)|(319,972)|
|'Interest received||||(105)|(1,081)|
|Dividends
received||||(7,718)|(20,544)|
|Revaluation ofFA investments||||43,687||
|Increase
in debtors||||(27,942)|(89,253)|
|Incre'ase in creditors||||75,580|83,711|
|Net cash used in operations||||(226,479)|(333,709)|
|ANALYSIS OF CHANGES IN NKT FUNDS||||||
||||At 1.4.21|Cash flow|At31.3.22|
|||||6||
|Net cash||||||
|Cash at bank and in hand|||1,148,476|(272,722)|875,754|
||||1,148,476|(272,722)|875,754|
|Total|||1,148,476|(272,722)|875,754|
##
##
##
##
##
##
##
##
||Investment
income, donations|Investment
income, donations|and|similar|similar|incoming|incoming|resources||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
||Donated
services
are
included
in|||the|Statement||of Financial||Activity,|where|the|benefit|to the|charity|is|
||reasonably
quantifiable,
measurable|||and||material,||as incoming|resources|and|resources
expended.|||They|are|
||valued at the amount that the|Charity||would||have to|pay to acquire||them at the|time|ofthe donation.|||||
||DONATIONS
AND LEGACIES|||||||||||||||
||||||||||||31.3.22|||31.3.21||
||Donations|||||||||||64,338||29,841||
||Gift aid|||||||||||7,500||(3,981|)|
|||||||||||||71,838||25,860||
|3i|OTHER TRADING ACTIVITIES|||||||||||||||
||||||||||||31.3.22|||31.3,21||
||Fundraising
income|||||||||||6,496||||
|4.|INVESTMENT INCOME|||||||||||||||
||||||||||||31.3.22|||31.3.21||
||Other fixed asset invest - Fll|||||||||||7,718||20,544||
||Deposit account interest|||||||||||105||1,081||
|||||||||||||7,823||21,625||
||INCOME FROM CHARITABLE|||ACTIVITIES||||||||||||
||Contracted
Services, Agreements &|||Consultancy||||||||31.3.22||31.3.21||
||Partners 2 Birmingham
tk Solihug Health||||Foundation|||Trust||||27,560||47,711||
||UCL - School ofPublic Health||MH programme||||||||103,331|||60,153||
||-Oxford Health.NHS Trust-..i4i||gamechange|||=-- .||||||53,946||56,854.—.||
||Black Thrive - developmental||evaluation|||||||||62,416||82,992||
||Plymouth
Uni - Community|Transformation||||Pilots|||||123,000|||22,000||
||CL - CBM psychosis|||||||||||13,664||10,375||
||Oxford Uni - UKRI networks|||||||||||37,498||33,668||
||KCL - Keep Cool|||||||||||27,518||9,282||
||CWPT - Ariadne|||||||||||28,664||0||
||CYP work|||||||||||43,442||0||
||Research Team Consultancy|||||||||||75,369||0||
||Other||||||||||101,577|||151,951||
||||||||||||697,985|||474,986||
##
##
||||Grant|||
|---|---|---|---|---|---|
||||funding of|||
||||activities|Support||
|||Direct|(see note|costs (see||
|||Costs|7)|note 8)|Totals|
|Enhancing|mental well-being|671,839|38,304|386,932|1,097,075|
|GRANTS|PAYABLE|||||
|||||31.3.22|31.3.21|
|Enhancing|mental well-being|||38,304|10,644|
|The total grants paid to institutions||during the year was as follows:||||
|||||31 322 ..|. - 31J21|
|Sussex Partnership
NHS Trust||||9,045|4,769|
|UCL||||3,623|5,797|
|City, University ofLondon||||25,636||
|||||38,304|10,566|
|SUPPORT COSTS||||||
||||||Information|
||||Management|'.Finance|technology|
|Enhancing|mental well-being||221,664|41,241|5,874|
|||Human||Governance||
|||resources|Other|costa|Totals|
|Enhancing|mental well-being|102,635|7,265|8,253|386,932|
|NET INCOME/(EXPENDITURE)||||||
||||31.3.22|31.3.21|
|---|---|---|---|---|
|Auditors'|remuneration||4,200|4,130|
|Auditors'|remuneration|for non audit work|1,292||
|Depreciation
- owned||assets|2,952|2,679|
##
##
##
##
##
|STAFF COSTS|||||
|---|---|---|---|---|
||||31.3.22|31.3.21|
|Wages and salaries|||679,808|516,093|
|Social security costs|||61,867|46,087|
|Other pension costs .|||.30,473|23,073|
||||772,148|585,253|
|The average monthly
number ofemployees||during the year was as follows:|||
||||31.3.22|31.3.21|
|Charitable
activities &support staff|||21|17|
|No employees
received emoluments|in excess of$60,000.||||
|COMPARATIVKS FORTHE STATEMENT OFFINANCIAL ACTIVITIES|||||
|||Unrestricted|Restricted|Total|
|||funds|funds|funds|
|INCOME AND ENDOWMENTS|FROM||||
|Donations
and legacies||3,746|22,114|25,860|
|Charitable
activities|||||
|--Enhancing
mental well-being||9,055 . =|465,931|-474,986-|
|Investment
income||21,625||21,625|
|Total||34,426|488,045|522,471|
|EXPENDITURE ON|||||
|Charitable
activities|||||
|Enhancing
mental well-being||211,610|620,082|831,692|
|Net gains on investments||319,972||319,972|
|NET INCOME/(EXPENDITURE)||142,788|(132,037)|10,751|
|Transfers
between
funds||(136,747)|136,747||
|Net movement
in funds||6,041|4,710|10,751|
|RECONCILIATION
OFFUNDS|||||
|Total funds brought forward||1,938,299|995,114|2,933,413|
|||Page 19||continued. ..|
|12.|COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES|COMPARATIVES FORTHE STATEMENT OF FINANCIAL ACTIVITIES|-|continued||
|---|---|---|---|---|---|
|||Unrestricted||Restricted|Total|
|||funds||funds|funds|
||||||8|
||TOTAL FUNDS CARRIED FORWARD|1,944,340||999,824|2,944,164|
|13.|TANGIBLE FIXEDASSETS|||||
|||Fixtures||||
|||'||||
|||and||Computer||
|||fittings||equipment|Totals|
||COST|||||
||At I April 2021|15,495||3,550|19,045|
||Additions|||2,879|2,879|
||At 31March 2022|15,495||6,429|21,924|
||DEPRECIATION|||||
||At I April 2021|10,117||887|11,004|
||Charge for year|1,345|.|1,607|2,952|
||At 31March 2022|11,462||2,494|13,956|
||NET BOOK VALUE|||||
||At 31March 2022|4,033||3,935|7,968|
||At 31March 2021|5,378||2,663|8,041|
##
|~TVALUE|Listed
investments|
|---|---|
|At
1 April 2021|1,460,089|
|Disposats|0|
|Revaluation|296,320|
|At 31March 2022|1,756,409|
|NET BOOK VALUE||
|At 31March 2022|1,756,409|
|At 31March 2021|1,712,722|
##
##
|DEBTORS:A|MOUNTS FALLING DUE WITHIN ONE YEAR|||
|---|---|---|---|
|||31.3,22|31.3.21|
|Trade debtors||192,824|173,416|
|Other debtors||16,156|16,156|
|Tax||7,500||
|Prepayments||8,534||
|||225,014|189,572|
|CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR||||
|||31.3.22|31.3.21|
|Trade creditors||966|11,162|
|Social security|and other taxes|16,622|13,616|
|Income intadvance: .||165,000|.85,739|
|Pensions payable||3,439||
|Accrued expenses||4,200|4,130|
|||190,227|114,647|
##
##
|MOVEMENT IN FUN|DS|||||||
|---|---|---|---|---|---|---|---|
||||||Net|||
||||||movement||At|
||||At 1.4.21||in funds||31.3.22|
|Unrestricted
funds||||||||
|General
fund|||1,944,340||(280,786)||1,663,554|
|Restricted funds||||||||
|Judi Meadows Memorial|Fund||-- .1.4,074.—.|—|1.20=- -|. -|14,194|
|The Peer Research Academy Fund|||895,663||||895,663|
|AMHRF (Alliance)|||1,457||||1,457|
|Words that carry on: Lindsay's||Fund|88,630||(23,453 )||65,177|
|Research Team Consultancy|||||24,353||24,353|
|School ofPublic Health|Research||||10,350||10,350|
|Black Thrive|||||100||100|
|CWPT - Ariadne|||||70||70|
||||999,824||11,540||1,011,364|
|TOTAL FUNDS|||2,944,164||(269,246)||2,674,918|
##
||||||Incoming||Resources|Gains and|Movement|
|---|---|---|---|---|---|---|---|---|---|
||||||resources||expended|losses|in funds|
|Unrestricted
funds||||||||||
|General fund|||||62,947||(387,420)|43,687|(280,786)|
|Restricted funds||||||||||
|Judi Meadows
Memorial
Fund|||||120||||120|
|Other commissions|under||contract||145,281||(145,281)|||
|Partners2|||||27,560||(27,560)|||
|Game change|||||53,946||(53,946)|||
|Words that carry on: Lindsay's
.Researcl) Team Consultancy||||Fund|2,283
75,369.|:,|(25,736)
.(5),016)||(23,453)
24,353 .|
|School ofPublic Health||Research|||111,331||(100,981)||10,350|
|Black Thrive|||||70,669||(70,569)||100|
|Community
Pilots|||||123,250||(123,250)|||
|CWPT - Ariadne|||||28,664||(28,594)||70|
|CYP Work|||||45,225||(45,225 )|||
|UKRI Networks|||||37,497||(37,497)|||
||||||721,195||(709,655)||11,540|
|TOTAL FUNDS|||||784,142||(1,097,075 )|43,687|(269,246)|
|Comparatives
for|movement|||in funds||||||
||||||||Net|Transfers||
||||||||movement|between|At|
||||||At 1.4.20||in funds|.funds|31.3.21|
|Unrestricted
funds||||||||||
|.General fund.--|||||1,938,299-|.|1.42,788 .|(1-36,747)|1,944;340:.|
|Restricted funds||||||||||
|Judi Meadows Memorial|||Fund||14,074||||14,074|
|Other commissions|under||contract||||(81,620)|81,620||
|Life 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||(132,037)|136,747|999,824|
|TOTAL FUNDS|||||2,933,413||10,751||2,944,164|
##
|||||||Incoming||Resources|Gains and|Movement|
|---|---|---|---|---|---|---|---|---|---|---|
|||||||resources||expended|losses|in funds|
||Unrestricted
funds||||||||||
||General fund|||||34,426||(211,610)|319,972|142,788|
||Restricted funds||||||||||
||Other commissions|under||contract||309,426||(391,046)||(81,620)|
||Life Stories|||||||(2,605)||(2,605)|
||The Peer Research|Academy|||Fund|||(923)||(923)|
||Comrriunity
Navigator||Study||(loneliness)|||(160)||(160)|
||Words that carry on: Lindsay's||||Fund|18,334||(1,231)||17,103|
|;|.Research Team. Consultancy
Black Thrive|||||$2,293
85,992||(116,125}
(85,992)||(63;832.).|
||Community
Pilots|||||22,000||(22,000)|||
|||||||488,045||(620,082)||(132,037)|
||TOTAL FUNDS|||||522,471||(831,692)|319,972|10,751|
||A current year 12 months|||and|prior year 12 months|combined|position|is as follows:|||
|||||||||Net|Transfers||
|||||||||movement|between|At|
|||||||At 1.4.20||in funds|funds|31.3.22|
||Unrestricted
funds||||||||||
||General fund|||||1,938,299||(137,998)|(136,747)|1,663,554|
||Restricted
funds||||||||||
||Judi Meadows Memorial|||Fund||14,074||120||14,194|
||Other commissions|under||contract||||(81,620)|81,620||
||Lifegtories|||||||- (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||(6,350)||65,177|
||Research Team Consultancy|||||||(39,479)|63,832|24,353|
||Virtual Reality Depression|||||8,470|||(8,470)||
||School ofPublic Health||Research|||||10,350||10,350|
||Black Thrive|||||||100||100|
||CWPT - Ariadne|||||||70||70|
|||||||995,114||(120,497)|136,747|1,011,364|
||TOTAL FUNDS|||||2,933,413||(258,495)||2,674,918|
##
|||||Incoming|Resources|Gains and|Movement|
|---|---|---|---|---|---|---|---|
|||||resources|expended|losses|in funds|
|Unrestricted
funds||||||||
|General
fund||||97,373|(599,030)|363,659|(137,998)|
|Restricted
funds||||||||
|Judi Meadows Memorial
Fund||||120|||120|
|Other commissions|under contract|||454,707|(536,327)||(81,620)|
|Life Stories|||||(2,605)||(2,605)|
|The Peer Researoh|Academy||Fund||(923)||(923)|
|Community
Navigator||Study|(loneliness)||-(360)-. —:||(160)|
|Partners2||||27,560|(27,560)|||
|Game change||||53,946|(53,946)|||
|Words that carry on: Lindsay's|||Fund|20,617|(26,967)||(6,350)|
|Research Team Consultancy||||127,662|(167,141)||(39,479)|
|Scbool ofPublic Health||Research||111,331|(100,981)||10,350|
|Black Thrive||||156,661|(156,561)||100|
|Community
Pilots||||145,250|(145,250)|||
|CWPT - Ariadne||||28,664|(28,594)||70|
|CYP Work||||45,225|(45,225)|||
|UKRI Networks||||37,497|(37,497)|||
|||||1,209,240|(1,329,737)||(120,497)|
|TOTAL FUNDS||||1,306,613|(1,928,767 )|363,659|(258,495)|
##
##
|Detailed Statement|ofFinancial|ofFinancial|A'c|ivities|||
|---|---|---|---|---|---|---|
|or t
Y
Ended||1 ivtarch 2022|||||
||||||31.3.22|31.3.21|
|INCOME AND ENDOWMENTS|||||||
|Donations
and legacies|||||||
|Donations|||||64,338|29,841|
|Gilt aid|||||7,500|(3,981)|
||||||71,838|25,860|
|Other trading activities|||||||
|Fundraising
income|||||6,496||
|Investment
income|||||||
|Other fixed asset invest - Fll|||||7,718|20,544|
|Deposit account interest|||||105|1,081|
||||||7,823|21,625|
|Charitable
activities|||||||
|Incoming
resources|from charitable|||funds|676,902|445,050|
|Consultancy|||||21,083|29,936|
||||||697,985|474,986|
|Total incoming
resources|||||784,142|522,471|
|EXPENDITURE|||||||
|Charitable
activities|||||||
|Wages|||||406,392|401,264|
|Social security|||||46,105|39,631|
|Pensions|||||24,420|17,890|
|Telephone|||||973|911|
|Postage and stationery|||||115|1,139|
|Sundries|||||44,246|43,499|
|Conference-fees|||||-=-- .90|466|
|DBScosts|||||404|314|
|Event catering|||||22|362|
|Computer
sottware,|equipment||&||||
|NASSTAR/BlueCube|||||42,395|25,794|
|Consultancy
&,mentoring|||||97,776|59,323|
|Marketing, recruitment||&advertising|||1,365|7,176|
|Travel &subsistence|||||3,616|4,816|
|Stafftraining|||||2,935|6,619|
|Licences||||||676|
|Other employment|costs||||985||
|Grants to institutions|||||38,304|10,566|
|Grants to individuals||||||78|
||||||710,143|620,524|
##
|'1||fFin|fFin|nci 1Acti ities|||
|---|---|---|---|---|---|---|
|Y rE||I||rch 2022|||
||||||31.3.22|31.3.21|
|Support costs|||||||
|Management|||||||
|Wages|||||177,721|74,639|
|Social security|||||10,245|(10,304)|
|Pensions|||||3,935|3,369|
|Advertising
&marketing|||||2,592|44|
|Consultancy|||||24,561|8,897|
|Travel k.entertaining|||||1,642|1,086|
|Office furniture|dr|repairs|||968|187|
||||||221,664|77,918|
|Finance|||||||
|Wages
' Social security|||||27,341
1,576|11,483
646|
|.Pensionp|||||. 6BS|51&|
|Bank charges|||||I||
|Accountancy
fees|||||4,000|5,720|
|Blackrock investinent|||fees||7,718|20,604|
|Fundraising
costs||||||84|
||||||41,241|39,055|
|Information
technology|||||||
|Computer
soihvare||dc|NASSTAR/BlueCube||5,287|3,888|
|BTConferencing||||||9|
|Fasthost domain|fees||||587|381|
||||||5,874|4,278|
|Human
resources|||||||
|Wages|||||68,354|28,707|
|Social security
Pensions|||||3,941
1,513|16,114
' 1,296|
|Conference fees||||||297|
|Stafftraining|||||11,861|1,040|
|. SeAware licences-|||||912||
|DES costs|||||584||
|Recruitment|||||5,845|645|
|Consultancy|||||9,625||
||||||102,635|48,099|
|Other|||||||
|Running
costs|||||7,265|35,499|
|Governance
costs|||||||
|Trustees' expenses||dt training||||51|
|Auditors'
remuneration|||||4,200|4,130|
|Auditors'
remuneration||||for non audit work|1,292||
|Other governance||costs|||2,761|2,138|
||||||8,253|6,319|
|THE MCPIN F
DATION||||
|---|---|---|---|
|Detailed Statement ofFinancial|ctivitie|||
|for the Year Ended 3
M
h 2022||||
|||31.3.22|31.3.21f|
|Total resources
exp'ended||1,097,075|831,692|
|Net expenditure
before gains|and losses|(312,933)|(309,221)|
|Realised recognised gains and|losses|||
|Realised gains/(losses)
on fixed|asset investments||24,726|
|Net expenditure||(312,933)|(2$4,495)|