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2021-03-31-accounts

Company number: 5879337 Charity Number: 1119317

Stockport and District Mind

Report and financial statements For the year ended 31st March 2021

Stockport and District Mind Trustees’ annual report for the year ended 31[st] March 2021

1 Reference and Administrative Information

Company number 5879337

Charity number 1119317

Registered office and operational address

Dove House 65 Union Street Stockport SK1 3NP

Trustees Trustees, who are also directors under company law, who served during the year and up to the date of this report were as follows: Shirley Williams (Chair – stepped down 09.11.21) John Kendrick (Treasurer) Kevin Brosnahan Yvonne Awenat Mark Baxendall Kay Day (Chair – appointed 09.11.21) Peter Miles (Vice Chair) Imelda Lowe (co-opted 15.09.21) Key management Collin McCabe General Manager (deceased 27.2.2021) personnel Joanne Strickleton Deputy Manager

Bankers

Yorkshire Bank plc 34 Princess Street Stockport Gosforth SK1 1RE NE3 4PL

Virgin Money Jubilee House Gosforth Newcastle on Tyne

Independent Jennifer Daniel FCCA DChA examiner Slade & Cooper Limited Beehive Mill, Jersey Street, Manchester, M4 6JG

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Stockport and District Mind Trustees’ annual report for the year ended 31[st] March 2021

The Trustees present their report and the unaudited financial statements for the year ended 31st March 2021.

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

  1. Collin McCabe, General Manager - The Trustees have to report that, very sadly and suddenly, Collin McCabe, our General Manager, died on 27[th] February 2021. Collin had been with the Charity for many years and the Trustees wish to acknowledge his contribution during that time.

2 Objectives and activities

2.1 Mission Statement

Stockport and District Mind works towards a society where anyone who experiences mental ill health is supported in their recovery, empowered to reach their full potential, and they and their family/Carers are free from stigma and discrimination.

2.2 Aims

The charity’s aims are to provide advice, advocacy, support and services to all people resident in the Stockport Metropolitan Borough and adjacent areas who are experiencing mental distress. It primarily supports people aged 14 and above but is flexible and works with others outside that age range where appropriate. It will also support family, friends, and carers of people experiencing mental ill-health.

2.3 Objectives, Public Benefits, and Activities

The aims, objectives, and activities are reviewed each year and the numbers of people who have benefited from each activity and the outcomes for individuals are ‘measured’ (where possible) by way of evidentially based methods and the feedback they provide, through their written and verbal communications. We recognise that all people experiencing mental health problems have strengths as well as challenges and that maintaining good mental health can be assisted by recognising and building on those strengths. We provide support by focusing on the whole person rather than just their mental health problems. We treat people respectfully and acknowledge that negative life experiences can impact on how people think and behave. We work in partnership with other people and organisations to help individuals find the support they need.

More specifically our objectives are:

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Stockport and District Mind Trustees’ annual report for the year ended 31[st] March 2021

Our activities from April 1[st] 2020 to March 31[st] 2021

In March 2020 the UK Government announced the first of a number of restrictions and ‘lockdowns’ as a result of the threat of infection from coronavirus. The impact caused high levels of anxiety on users of services and staff delivering services and made for very different and challenging service delivery for the Charity. However no staff were furloughed and we managed to maintain some Covid compliant office presence.

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Stockport and District Mind Trustees’ annual report for the year ended 31[st] March 2021

In measuring the benefit provided by each activity undertaken by the Charity, the Board has referred to the Charity Commission’s general guidance on public benefit and, in particular, how the activities contribute to the aims and objectives set. The Board ensures that, where possible, equal access to all services will be maintained and that they will be free at the point of delivery. Where funding limitations apply, a proper assessment is made, and support supplied solely based upon an individual’s needs and not their financial status.

2.4 Activities

Our activities in 2020/21 have directly supported over 700 people to manage their mental health problems and reduce the demands placed upon the services provided by statutory agencies.

Support to those who are social isolated and lonely

We have a number of services that provide group activities and opportunities for friendships to develop. One is a free drop-in (Rendezvous) where people can socialise or learn about what support is available in Stockport. There is no registration or referral for this drop-in which ensures that as many barriers as possible are removed.

Stockport Mental Health Carers Service

The service provides support to carers (family/friend carers) of adults who have a mental health condition or are experiencing emotional distress. Staff also work with carers to undertake assessments and facilitate self-assessments and support planning for those carers deemed ‘eligible’ under the 2014 Care Act.

In addition to the statutory function of Care Act compliant assessments and support planning, the service provides all aspects of support to all those who identify themselves as carers to help them maintain their wellbeing. This includes help by way of emotional

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Stockport and District Mind Trustees’ annual report for the year ended 31[st] March 2021

support, advocacy, navigating the support system for the cared-for person and peer support for the carer.

By using available technology, we were able to maintain the support service throughout the impact of COVID restrictions.

Information Service and General Support, including social media

We have continued to provide telephone and website email access to provide ‘a listening ear’, to give short-term support, advice and information to callers, and where necessary refer them to other support organisations and statutory services.

Many of those who have used our services in the past, but who manage independently most of the time, often need some support during crises, particularly with financial, housing, and legal difficulties. Where possible we have continued to provide this support by telephone, including assistance to complete benefit and other legal forms. People access support through a whole range of online ‘tools’ and as such we have continued investment in creating a stronger online presence via online tools and social media platforms. This became particularly important when we were faced with the beginning of the Covid epidemic.

Volunteering

We recruit and train volunteers, many of whom have previously used Stockport Mind’s and/or other mental health services. Volunteer roles within our organisation include office reception cover, group facilitation, one to one support, fundraising, and raising awareness. Some volunteers, after undertaking our generic training, move to support other charities or gain employment. COVID impact meant that support by telephone was increased, and training was provided to 6 volunteers via Zoom. We have 43 registered volunteers, of whom 21 were active during the year, plus 7 volunteer trustees.

Children and Young People

Our main contact with children and young people has been via awareness raising in schools. COVID restrictions stopped developments in this area, although contact was maintained with the schools.

Awareness and Information Stands

As part of the Charity’s objectives around raising awareness and having conversations with the general public, Stockport Mind has traditionally hosted information stands across the local community. In addition to conversations, we have distributed leaflets (both from National Mind and locally produced) and information on mental health, coping strategies, services, helplines, community groups, etc. Covid restrictions have affected this but we have continued to deliver leaflets and letters to people living in our more deprived communities. Most face-to-face activity was suspended but digital information provision has increased on our website and via social media.

Community Advocacy

We were successful in achieving a 3-year grant from CRH Charitable Trust to recruit a part-time Community Advocate. The demand has been high, particularly for support for

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Stockport and District Mind Trustees’ annual report for the year ended 31[st] March 2021

people needing to understand and claim benefits due to the impact of Covid 19 in certain types of employment.

We also appointed a part-time advocacy post to support people in North-East Cheshire, to work with Citizens Advice Cheshire North, funded by the Cheshire Community Foundation.

3 Achievements and performance

The Charitable Company’s main activities and who it tries to help are set out in section 2 of this report and the achievements and performance are described below. All its charitable activities focus on increasing awareness of the impact of mental ill health on people’s lives; supporting people with mental health conditions and their carers (family/friend) to get support to assist them; and campaigning to reduce the stigma that people and their carers may experience.

3.1 Beneficiaries of our services

We have supported over 700 people between April 2020 and March 2021 through the services listed below. Until the COVID-19 virus restrictions were put in place at the end of March 2020, people were able to call into our offices – often in need of a supportive conversation and sometimes assistance to access specialist help as they have become seriously mentally unwell.

3.2 Social Inclusion

This has proved difficult during 2020-21 as most group activities were suspended, but some Zoom activity has taken place.

3.3 Volunteers

Stockport and District Mind relies heavily on volunteers; this includes the Trustees/Board of Directors who are also unpaid workers.

A number of volunteers have previously received the Charitable Company’s services and want to ‘give back’ so that others can benefit.

Volunteers provide energy, commitment, and diversity and support us with; office reception cover; support to groups and social inclusion programmes; support to fundraising activities etc.

During 2020/21 we had 21 ‘active’ volunteers, a number of whom have been with us for many years. During lockdowns a cohort of 6 volunteers was trained and equipped with mobile phones to provide a dedicated service to people who were shielding and/or already lonely/self-isolating.

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Stockport and District Mind Trustees’ annual report for the year ended 31[st] March 2021

3.4 Students

Stockport and District Mind is an accredited learning site for practice placements for social work students undertaking their degree.

Between April 2020 and 31st March 2021, one student was on placement during the year. They were supervised by one of our qualified Practice Educators. We continue to liaise with the universities of University of Central Lancashire, The University of Manchester, Manchester Metropolitan University and Salford University regarding social work placements. Feedback from students and the universities regarding our organisation is very positive and they act as good ambassadors for the work we do. The feedback we get back from staff and people who use our services is also very positive with everyone enjoying the students being with us: they bring new energy, ideas and diverse experience that adds to the learning in our organisation.

3.3 Clinical Supervision

To support our staff in their roles and to build on our relationship with the University of Manchester, the university provide Stockport Mind with a Clinical Psychologist / Senior Psychology Lecturer, who leads reflective practice sessions with the front-line staff. This has continued via Zoom during 2020-21.

3.4 Mental health Carers’ support

At the end of the year, we had 128 active service users, with 66 new people referred to this service during the year. We recorded 988 interactions, not including weekly emails. Most referrals into the service are directly from carers themselves. We also receive a high number of referrals from the Pennine Care Mental Health Teams and other secondary care services since our staff have had a regular presence at mental health service locations, including Stepping Hill hospital, Baker Street and Councillor Lane Community Mental Health Teams (CMHTs).

3.5 Investment in research and learning

We have continued to have a mutually beneficial relationship with the University of Manchester. We regularly discuss research project proposals and support users/carers of our services to become involved in research as ‘experts by experience’.

3.6 Information Service and General Support, including social media

We typically receive around 70 calls per month and have supported around 400 individuals over the year with information about mental health, emotional support and signposting.

People in mental distress and/or with a long-term mental health condition find it particularly difficult to directly access services. In addition, we have been working on creating a stronger online presence. Below shows examples of our increasing online presence and the numbers of people that we connected with via social media between 1[st] April 2020 and 31[st] March 2021:

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Stockport and District Mind Trustees’ annual report for the year ended 31[st] March 2021

Twitter Instagram Followers – 2859 Followers - 1146 Impressions – 206,047 Post Likes - 916 Engagements – 4395 Facebook Website Reach – 123,799 Users - 20,669 Profile Likes – 1574 Page Views - 40,526 Engagement – 5483

LinkedIn Followers - 302 Impressions - 7028

3.7 Community Advocacy

We were successful in achieving a 3-year grant with the CRH Charitable Trust to recruit a part-time Community Advocate to support people with mental health issues to access the online benefits system.

We also appointed another part-time advocacy post to work with Citizens Advice Cheshire North, funded by the Cheshire Community Foundation for 12 months. This area is on our border and we have always had people phoning for support from Cheshire East. Previously we were able to have supportive conversations, but unable to offer an ongoing service. We hope to build on this to provide more mental health support in this area.

4 Financial review

4.1 Summary

Income increased from £194k in 19/20 to £256k for the current year. We benefitted from:

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Stockport and District Mind Trustees’ annual report for the year ended 31[st] March 2021

Increasing effort is being put into encouraging third party fund raising amongst corporate sponsors and to reduce our dependence upon statutory funded contracts.

Careful control of costs in the uncertain economic environment at £234k produced a surplus of £21.5k to help offset the £33.8k deficit in 2019/20.

As a service-based Charity, payroll costs are the largest item of expenditure at 74% of total costs. Requirements for performance information and more sophisticated communication have continued to put increased pressure on the cost base with expenditure on IT hardware/software support and telephones accounting for another 9.5%.

The average number of staff employed for the period was 9, which, adjusting for part time staff is equivalent to 6.3 full time staff.

Since the year-end, the pressures have been building on our income stream and, whilst we are able to forecast a reasonable year to 31[st] March 2022, the periods after contain major uncertainties.

4.2 Reserves

It is the policy of the Trustees to maintain operational reserves held at a level that equates to a minimum of three months expenditure based upon expected levels for the following year. This amounts to £62k at 31[st] March 2021 compared with £70.7k in the accounts of which £10.7k is restricted.

This provides sufficient funds to cover management, administration, and support costs; allows short term funding for projects until further funding is obtained or match funding for new projects, where required; and accommodates changes in funding by statutory authorities.

In addition, Dove House is owned by the charity and could be realised if required.

The Reserves policy is reviewed on an annual basis by the Board.

4.3 Investment policy and objectives

Month to month cash surpluses during the year and reserves are maintained in interest bearing deposit accounts.

The Board considers the risks relating to these to be appropriate but the interest rates currently available return a minimal yield.

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Stockport and District Mind Trustees’ annual report for the year ended 31[st] March 2021

5 Plans for the future

The Board regularly monitors the outlook for the Charity, which has become more uncertain in recent times. The Board is developing an updated strategic plan that is focussing on diversity of earning streams in order to reduce dependence upon the statutory sector. A grant was received during the current year to help finance the setting up of a Business Development Activity and much more focus will be given to generating non-statutory income.

6 Structure, governance, and management

6.1 Governing document

The Charitable Company is governed by the Memorandum and Articles of Association of the Company. The Company was formed on 18[th] July 2006 and took over the staff and assets of Stockport and District Association for Mental Health on 1[st] July 2007.

6.2 Company status

The Company is limited by guarantee and all members have agreed to contribute a sum not exceeding £1 in the event of a winding-up. The number of guarantees on 31[st] March 2021 was 35.

6.3 Recruitment and appointment of Trustees/ Directors

Trustees/Directors are recruited from a number of sources, including personal recommendation and approaches to specific organisations such as Reach, who can provide volunteers with particular skills. The Trustees have defined the skill profiles required for the make-up of the Board and seek people with the necessary background experience. The Board actively seeks to reflect the diversity of backgrounds and experience, including ‘lived experience’ of mental ill health, of its members.

The Board shall comprise not less than seven and not more than ten persons appointed as follows:

All members of the Board of Directors are Trustees of the Charity, and all Trustees are members of the Board of Directors.

Each Trustee is required to sign a Code of Conduct clearly detailing the role and obligations of Trustees. Each of the Trustees has been provided with a specification and definition of responsibilities relating to his/her specific role.

All members of the Board (as are all staff and volunteers) are required to complete a Disclosure and Barring Service (DBS) check in line with Charity Commission requirements in relation to safeguarding in organisations where direct work takes place

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Stockport and District Mind Trustees’ annual report for the year ended 31[st] March 2021

with vulnerable adults and/or children. All Board members have read the safeguarding guidance and have discussed it at Board meetings.

All members of the Board give their time voluntarily and receive no benefits from the Charitable Company. Any expenses reclaimed from the Charitable Company are set out in note 8 to the accounts.

The Chair/Vice Chair meets with all prospective Trustees to provide information and discusses the fit between the prospective Trustee and the organisation’s needs. Induction is provided and on-going training needs are identified as part of each Trustee’s annual review.

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Stockport and District Mind Trustees’ annual report for the year ended 31[st] March 2021

7 Statement of responsibilities of the Trustees

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

Company law requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the Trustees are required to:

The Trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

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

Members of the Board of Trustees, who are Directors for the purposes of company law, and Trustees for the purposes of charity law, who served during the year and up to the date of this report are set out on page 1.

This report has been prepared in accordance with the provisions applicable to companies subject to the small companies’ regime of the Companies Act 2006.

Approved by the Board of Directors and signed on its behalf by:

Shirley Williams (Trustee)

Date 1[st] December 2021

12

Independent examiner’s report to the trustees of Stockport and District Mind

I report on the accounts of the company for the year ended 31 March 2021 which are set out on pages 14 to 28.

Responsibilities and basis of report

As the charity trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).

Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your company’s accounts as carried out under section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

Since the company’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a ‘true and fair view’ which is not a matter considered as part of an independent examination; or

  4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Jennifer Daniel FCCA DChA Beehive Mill, Jersey Street Manchester, M4 6JG

Date: 2[nd] December 2021

13

Stockport and District Mind

Statement of Financial Activities (including Income and Expenditure account) for the year ended 31 March 2021

Unrestricted
funds
Note
£
Income from:
Donations and legacies
3
47,748
Charitable activities:
4
167,243
Total income
214,991
Expenditure on:
Charitable activities:
5
172,657
Total expenditure
172,657
42,334
6
42,334
Transfer between funds
(769)
41,565
Reconciliation of funds
Total funds brought forward
134,213
Total funds carried forward
175,778
Net income/(expenditure)
before net gains/(losses) on
investments
Net income/(expenditure) for
the year
Net movement in funds for the
year		 Restricted
funds
£
-
40,909
40,909
61,743
61,743
(20,834)
(20,834)
769
(20,065)
30,734
10,669		 Total funds
2021
£
47,748
208,152
255,900
234,400
234,400
21,500
21,500
-
21,500
164,947
186,447		 Total funds
2020
£
60,658
133,474
194,132
227,896
227,896
(33,764)
(33,764)
-
(33,764)
198,711
164,947

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

14

Stockport and District Mind Company number 05879337

Balance sheet as at 31 March 2021

----- Start of picture text -----
Note 2021 2020
£ £ £ £
Fixed assets
Tangible assets 9 109,703 105,499
Total fixed assets 109,703 105,499
Current assets
Debtors 10 25,833 19,168
Cash at bank and in hand 120,671 63,351
Total current assets 146,504 82,519
Liabilities
Creditors: amounts falling
due in less than one year 11 (69,760) (23,071)
Net current assets 76,744 59,448
Total assets less current liabilities 186,447 164,947
Net assets 186,447 164,947
The funds of the charity:
Restricted income funds 13 10,669 30,734
Unrestricted income funds 14 175,778 134,213
Total charity funds 186,447 164,947
----- End of picture text -----

For the year in question, the company was entitled to exemption from an audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

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

The notes on pages 17 to 28 form part of these accounts.

Approved by the trustees on 1st December 2021 and signed on their behalf by:

Shirley Williams (Trustee)

John Kendrick (Treasurer)

15

Stockport and District Mind

Statement of Cash Flows for the year ending 31 March 2021

Note
Cash provided by/(used in) operating activities 16
Cash flows from investing activities:
Dividends, interest, and rents from investments
Cash provided by/(used in) investing activities
Cash and cash equivalents at the beginning of the year
Cash and cash equivalents at the end of the year
Increase/(decrease) in cash and cash
equivalents in the year		 2021
£
67,325
-
(10,005)
57,320
63,351
120,671		 2020
£
(30,025)
-
-
(30,025)
93,376
63,351

16

Stockport and District Mind

Notes to the accounts for the year ended 31 March 2021

1 Accounting policies

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

a Basis of preparation

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

Stockport and District Mind meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note.

b Preparation of the accounts on a going concern basis

The trustees consider that there are no material uncertainties about the charitable company's ability to continue as a going concern. The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities within the next reporting period.

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Stockport and District Mind

Notes to the accounts for the year ended 31 March 2021 (continued)

c Income

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

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

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

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

d Donated services and facilities

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

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

e Interest receivable

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

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Stockport and District Mind

Notes to the accounts for the year ended 31 March 2021 (continued)

f Fund accounting

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

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

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

g Expenditure and irrecoverable VAT

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

h Allocation of support costs

Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Support costs include back office costs, finance, personnel, payroll and governance costs which support the charity's programmes and activities. Support costs have all been allocated to expenditure on charitable activities.

i Operating leases

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

Tangible fixed assets

Individual fixed assets costing £500 or more are capitalised at cost and are depreciated over their estimated useful economic lives on a straight line basis as follows:

Asset Category Annual rate
Freehold land & building 2%
Equipment & fittings 25%
Computer equipment 50%

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Stockport and District Mind

Notes to the accounts for the year ended 31 March 2021 (continued)

j Debtors

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

k Cash at bank and in hand

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

l Creditors and provisions

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

m Pensions

Employees of the charity are entitled to join a defined contribution ‘money purchase’ scheme. The charity’s contribution is restricted to the contributions disclosed in note 8. There were no overdue contributions at the year end.

2 Legal status of the charity

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

3 Income from donations and legacies

Donations
Total		 Total 2021
£
47,748
47,748		 Total 2020
£
60,658
60,658

20

4 Income from charitable activities

Stockport and District Mind

Notes to the accounts for the year ended 31 March 2021 (continued)

Unrestricted
£
CAB Advocacy
-
Cheadle Royal Trust
Enterprise Development
GMVCO Winter Discharge
3,000
Laurus Trust
500
Lottery Community Fund
49,000
National Mind
10,833
Stockport MBC
1,000
74,000
Pebble
-
Workers Employment Association
-
Wolfson Trust
22,500
Fees and other income
6,410
167,243
Previous reporting period
Unrestricted
£
Stockport MBC - Carers etc
87,167
Stockport MBC - Food for Thought
Stockport MBC - Volunteer Recruitm
-
Pebble
-
Community Fund
-
Fees and other income
7,958
95,125
Mental Health Advocacy &
Counselling Services
Mental Health Advocacy &
Counselling Services
Stockport Health Carer Support		 Restricted
£
4,795
16,100
7,722
-
-
-
-
9,750
2,542
-
-
40,909
Restricted
£
-
9,500
9,879
9,450
9,520
-
38,349		 Total 2021
£
4,795
16,100
7,722
3,000
500
49,000
10,833
1,000
74,000
9,750
2,542
22,500
6,410
208,152
2020
£
87,167
9,500
9,879
9,450
9,520
7,958
133,474

21

Notes to the accounts for the year ended 31 March 2021 (continued)

Stockport and District Mind

5 Analysis of expenditure on charitable activities

Staff costs
Administration
Programme costs
Depreciation
Restricted expenditure
Unrestricted expenditure
Governance -
Accountancy and
independent examination		 Total 2021
£
175,644
48,255
3,440
5,801
1,260
234,400
2021
£
61,743
172,657
234,400		 Total 2020
£
164,829
47,134
11,373
3,300
1,260
227,896
2020
£
12,567
215,329
227,896

22

Notes to the accounts for the year ended 31 March 2021 (continued)

Stockport and District Mind

6 Net income/(expenditure) for the year

This is stated after charging/(crediting):
Depreciation
Independent examiner's remuneration -
Accountancy
Staff costs
Staff costs during the year were as follows:
Wages and salaries
Social security costs
Pension costs
Payroll administration
Independent examination		 2021
£
5,801
960
300
2021
£
164,208
7,388
3,142
906
175,644		 2020
£
3,300
960
300
2020
£
152,623
8,442
3,084
680
164,829

7 Staff costs

No employees has employee benefits in excess of £60,000 (2020: Nil).

The average number of staff employed during the period was 9 (2020: 8). The average full time equivalent number of staff employed during the period was 6.3 (2020: 6.7).

The key management personnel of the charity comprise the trustees, the General Manager and Deputy Manager. The total employee benefits of the key management personnel of the charity were £57,478 (2020: £59,831).

8 Trustee remuneration and expenses, and related party transactions

Neither the management committee nor any persons connected with them received any remuneration or reimbursed expenses during the year (2020: nil).

There were no donations from related parties (2020: nil).

Shirley Williams, a trustee of the charity is also a trustee of Pebble Enterprises Ltd who provided funding of £9,750 to the charity during the year (2020: £9450).

No trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the charity, including guarantees, during the year (2020: nil).

23

Stockport and District Mind

Notes to the accounts for the year ended 31 March 2021 (continued)

9 Fixed assets: tangible assets

Fixed assets: tangible assets
Freehold land
& buildings
Cost
£
165,000
Additions
-
Disposals
-
165,000
Depreciation
59,501
Charge for the year
3,300
62,801
Net book value
102,199
105,499
At 31 March 2021
At 31 March 2021
At 31 March 2020
At 1 April 2020
At 31 March 2021
At 1 April 2020		 Equipment
& Fittings
£
31,557
10,005
-
41,562
31,557
2,501
34,058
7,504
-		 £
196,557
10,005
-
Total
206,562
91,058
5,801
96,859
109,703
105,499

The property at Dove House, 65 Union Street, Stockport was valued on 1 August 2006 by P.A.Sheehan FRICS at open market capital value in accordance with the Valuation Standards Manual of the RICS dated February 2003 (as amended) This occurred when Stockport Mind was an unincorporated charity. The original purchase cost of the property, including refurbishment, was £176,628. The building was originally purchased by the unincorporated charity. The Board has reviewed its policy of revaluing the building every 5 years and decided to defer a formal revaluation. The Board has reviewed the local external market for similar properties and believes that the carrying value in the accounts is a conservative reflection of value in the present market conditions.

24

Stockport and District Mind

Notes to the accounts for the year ended 31 March 2021 (continued)

10 Debtors

2021
£
Accrued income
25,606
Prepayments
227
25,833
11
Creditors: amounts falling due within one year
2021
£
Accruals
1,260
Other creditors
-
Bank loan
50,000
Deferred income
18,500
69,760
12
Deferred income
2021
£
Deferred grant brought forward
18,500
Grant received
92,500
Released to income from charitable activities
(92,500)
Deferred grant carried forward
18,500		 2020
£
18,600
568
19,168
2020
£
1,260
645
-
18,500
23,071
2020
£
13,167
130,849
(125,516)
18,500

25

Stockport and District Mind

Notes to the accounts for the year ended 31 March 2021 (continued)

13 Analysis of movements in restricted funds

Balance at
1 April
2020
£
Cheadle Royal Grant
-
CAB Advocacy
-
-
4,201
7,965
9,057
Community Fund
9,511
-
Total
30,734
Balance
at 1 April
2019
£
Pebble Enterprises
4,952
-
-
Community Fund
-
Total
4,952
Previous
reporting period
Stockport MBC -
Food for Thought
Workers
Employment
Association
Stockport MBC -
Volunteer
Stockport MBC -
Food for Thought
Stockport MBC -
Volunteer
Enterprise
Development
Pebble Enterprises
Limited		 Income
£
16,100
4,795
7,722
9,750
-
-
-
2,542
40,909
Income
£
9,450
9,500
9,879
9,520
38,349		 Expenditure
£
(16,100)
(2,189)
(8,606)
(17,326)
(7,965)
(9,057)
(500)
-
(61,743)
Expenditure
£
(10,201)
(1,535)
(822)
(9)
(12,567)		 Transfers
£
-
(2,606)
3,375
-
-
-
-
769
Transfers
£
-
-
-
-
-		 Balance at
31 March
2021
£
-
-
(884)
-
-
-
9,011
2,542
10,669
Balance at
31 March
2020
£
4,201
7,965
9,057
9,511
30,734

26

Stockport and District Mind

Notes to the accounts for the year ended 31 March 2021 (continued)

Name of

Description, nature and purposes of the fund

SMBC - Food for To deliver workshops on good dietary practice Thought SMBC - Volunteer To strengthen volunteer numbers on Isolation and Social Engagement recruitment project. Pebble Enterprises To fund a part time worker to help relieve feelings of social isolation Limited and/or lonliness in older people and younger adults. Community Fund To form and build a Carers’ choir for mental health support

14 Analysis of movement in unrestricted funds

Designated fund
General fund
Designated fund
Previous
reporting
period
General fund		 Balance
at 1 April
2020
£
95,991
38,222
134,213
Balance
at 1 April
2019
£
155,537
38,222
193,759		 Income
£
214,991
-
214,991
Income
£
155,783
-
155,783		 Expenditure
£
(172,657)
-
(172,657)
Expenditure
£
(215,329)
-
(215,329)		 Transfers
£
(769)
-
(769)
Transfers
£
-
-
-		 As at 31
March 2021
£
137,556
38,222
175,778
Balance at
31 March
2020
£
95,991
38,222
134,213

27

Stockport and District Mind

Notes to the accounts for the year ended 31 March 2021 (continued)

Name of

Description, nature and purposes of the fund

General fund

The free reserves after allowing for all designated funds

Designated fund

The building revaluation fund represents the amount of money that would be included in a revaluation reserve following a revaluation of Dove House in 2006 if the revaluation had taken place in this charitable company. The revaluation occurred in the previous unincorporated charity.

15 Analysis of net assets between funds

Tangible fixed assets
Net current assets/(liabilities)
Total		 General
fund
£
109,703
27,853
137,556		 Designated
funds
£
-
38,222
38,222		 Restricted
funds
£
-
10,669
10,669		 Total
£
109,703
76,744
186,447

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

Net income/(expenditure) for the year
Adjustments for:
Depreciation charge
Decrease/(increase) in debtors
Increase/(decrease) in creditors
Net cash provided by/(used in) operating		 2021
£
21,500
5,801
(6,665)
46,689
67,325		 2020
£
(33,764)
3,300
(4,967)
5,406
(30,025)

28