Company number: 5879337 Charity Number: 1119317
## Stockport and District Mind
Report and financial statements For the year ended 31[st] March 2024
Stockport and District Mind Trustees’ annual report for the year ended 31[st] March 2024
## **1 Reference and Administrative Information**
## **Company number** 5879337
## **Charity number** 1119317
## **Registered office and operational address**
Cornerstone 2 Edward Street Stockport SK1 3NQ
**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:
Kay Day Chair Peter Miles Vice Chair Mark Baxendall Janet Lomas Lucy Dewhurst Imelda Lowe (resigned 30[th] April 2023) Colin Wilkes Treasurer (resigned 21[st] April 2023) David Dawes Treasurer (appointed 10[th] June 2023; resigned 12[th] December 2023)
**Key management personnel** Beverley Hart Chief Officer (resigned 28[th] April 2023) Sarah Powell Chief Officer (appointed 1[st] May 2023) **Bankers** Virgin Money Flagstone Jubilee House 1[st] Floor, Clareville House Gosforth 26-27 Oxenden Street Newcastle on Tyne London NE3 4PL SW1Y 4EL
**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 2024
The Trustees present their report and the unaudited financial statements for the year ended 31[st] March 2024.
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 Objectives and activities**
## 1.1 **Mission Statement**
Stockport and District Mind works towards a society where anyone who experiences poor mental health is supported, empowered to reach their full potential and free from stigma and discrimination.
## 1.2 **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 poor mental health, to enable and empower them to live with, manage and where possible recover from their condition. It will also support their family, friends, and carers.
## 1.3 **Objectives**
The charity’s objects are specifically restricted to the following:
- to promote the preservation of good mental health in particular by enabling and empowering everyone experiencing mental health problems to live with, manage and recover from their condition
- to relieve the needs of people with mental health problems by working to increase the understanding of mental health and mental health problems by gathering and disseminating information and working to raise awareness, promote understanding and challenge stigma and discrimination.
In carrying out its objects, the charity will promote equality of opportunity and oppose any form of discrimination.
The charity provides services to achieve its objects, including but not restricted to advice, advocacy, training, and other forms of support.
The aims, objectives, and activities are reviewed each year by the trustees with a particular regard to the Charity Commission’s guidance on public benefit.
## 1.4 **Activities**
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Stockport and District Mind Trustees’ annual report for the year ended 31[st] March 2024
The Charitable Company’s main activities and who it tries to help are set out in section 2 of this report.
## **2 Achievements and performance**
## 2.1 **Beneficiaries of our services**
2,111 people have benefited from our services between April 2023 and March 2024.
## 2.2 **Mental Health Carers’ support**
By the end of the year, we had 787 active service users. This figure included Carers Choir attendance, Yoga Group attendance, Drop-in attendees, and completed Carers’ assessments.
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).
The partnership we have with Signpost Stockport for Carers to deliver this service has proven to be very successful.
## 2.3 **Stockport Mind Carers’ Choir**
The Stockport Mind Carers’ Choir (Singing for Fun) has continued to thrive. The choir regularly attracts on average 11 carers to each session. The accommodation, at St Peter’s Church, St Petersgate, Stockport, is generously provided free of charge, and small donations have been kindly given by those who attend this group.
_“Joining the choir has opened up my life. It felt very supportive and safe. I have been searching for a choir like this for months. Now I have found it, for me it is perfect.”_
## 2.4 **Yoga Sessions**
BOOST and Stockport Mind made a joint bid to GreaterSports to continue this popular programme and we are pleased to say that in May 2023 we were successful and were awarded funding which has allowed us to continue through Autumn/Winter 2023 and early 2024. This has attracted on average 4 carers to each weekly session.
## 2.5 **Thursday at One**
This art and well-being group continues to be popular and run on a weekly basis. There is a core cohort of volunteers who support the group and staff from Stockport Mind are available if any group members need 1:1 support during the session. Average attendances are 12 people per session.
## 2.6 **Olive Branch Mental Health Drop-in sessions**
Stockport Mind have been facilitating a weekly drop in for the community of Edgeley which attend the Olive Branch support services. The attendees are those who face
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Stockport and District Mind Trustees’ annual report for the year ended 31[st] March 2024
complex long-standing mental health challenges and have benefitted from a peer support group with also access for 1:1 advice. Average attendances have been 4-5 people per session. This will continue into 2024/25.
## 2.7 **Allotment**
In 2023 Stockport Mind were lucky to be gifted an allotment plot at the Barnfield Rd East allotment. This provides an exciting opportunity to provide peer support groups, enhancing our well-being offer and therapeutic space. We have been supported by corporate businesses to prepare the plot, including safety, building of shed, and provision of tools for the groups to take place in 2024.
## 2.8 **Menopause Awareness training**
During the year previous year (2022/23), we worked with other Greater Manchester Minds to put together a successful bid to the NHS to provide Menopause Awareness training. This started in March 2023, contracted for 3 years. We have successfully continued to deliver this training, alongside Tameside, Oldham and Glossop (TOG) Mind, to managers and staff of SMEs during 2023/24.
## 2.9 **Connect 5 training**
Following on from winning a contract last year with Stockport Metropolitan Borough Council (SMBC) and the Greater Manchester Integrated Care Partnership, which has now been extended, we have continued to deliver Connect 5 mental wellbeing training to public and voluntary sector employees to help them care for their own wellbeing and for those around them. Some of this has been done on a ‘train the trainer’ basis and forms part of SMBC’s mental health and wellbeing strategy.
We have also continued to provide additional training on mental health awareness in the workplace to commercial organisations in the area.
## 2.10 **Information Service and General Support, including Social Media**
We have continued to provide telephone and website email access to offer 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.
We have received around 2,062 calls, including emails and those who have returned to our service during the period April 2023 – March 2024. This also includes signposting and emotional support provided.
Last year we invested in a new post to provide input into our communications and publicity so that we could increase our online presence, strengthen our communications output, and raise mental health awareness to our local community. We also updated our website so that we can include details of other organisations that can also support our service users.
Below shows examples of our increasing online presence and the numbers of people that we connected with via social media between April 2023 and March 2024:
|**Twitter**||**Facebook**||**Website**||
|---|---|---|---|---|---|
|Followers|2947|Reach|34759|Users|7584|
|Impressions|60300|Profile likes|579|Page views|22573|
|Engagements|1.38%|Engagement|1404|||
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Stockport and District Mind Trustees’ annual report for the year ended 31[st] March 2024
## 2.11 **Community Advocacy (Benefits Claims Assistance)**
As previously reported, we received a 3-year grant from the Cheadle Royal Hospital Charitable Trust to recruit a part-time Community Advocate to help people with mental health issues to access the online benefits system. The funding for this service ended in July 2023, having supported 130 people.
## 2.12 **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 charity’s services and want to give something 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 as well as other undertakings. During 2023/24, we recruited and trained more volunteers, and we are lucky to now have 25-30 active volunteers, a number of whom have been with us for many years. We are extremely grateful to all of our volunteers recognising that a number of our services could not function without their support.
The Board of Trustees held an event in February to thank volunteers for their hard work and dedication to Stockport and District Mind.
## 2.13 **Trustees & Management**
We would like to record our thanks to Imelda Lowe, who has been a trustee with the Board since September 2021 and retired in April 2023. We have benefitted greatly from her wealth of expertise. We would also like to extend our thanks to Beverley Hart who resigned as our Chief Officer in April 2023 and welcome Sarah Powell who joined us as Chief Officer in May 2023.
## 2.14 **Students**
Stockport and District Mind is an accredited learning site for practice placements for Social Work students undertaking their degree.
Between April 2023 and March 2024, we have had one student on placement. The student is supervised by our qualified Practice Educator. We continue to liaise with the University of Central Lancashire (UCLAN), The University of Manchester, Manchester Metropolitan University and Salford University regarding social work placements.
## 2.15 **Clinical Supervision**
To support our staff in their roles and to build on our relationship with the University of Manchester, the university provides Stockport Mind with a Clinical Psychologist / Senior Psychology Lecturer, who leads reflective practice sessions with the front-line staff.
## 2.16 **User Engagement**
To ensure maximum collaboration, Stockport Mind devised and circulated a satisfaction survey to all current users and also included request for feedback around new services or unmet needs. This will be collated and used to inform future plans for 2024 and beyond.
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Stockport and District Mind Trustees’ annual report for the year ended 31[st] March 2024
## **3 Financial review**
## 3.1 **Summary**
During the year, we benefitted from:
- **Signpost Stockport for Carers** - £40k from a contract to support the Stockport Carer’s Hub. (The income was reduced this year due to a temporary resourcing issue, now resolved.)
- **Eric Wright Charitable Trust** - £10k supporting core expenses
- **Training Services –** including £24k for the second year of a 3-year NHS contract (subcontracted via TOG MIND) to provide Menopause Awareness training and £27k from SMBC to provide Connect 5 training
- **Donations** –£59k (up from £37k in 22/23). This includes £11.3k from New Look and £7.7k from Fichtner Consulting Engineers who made us their Charity of the Year. A legacy of £9.9k from the family of Michael John Heale is being spent on maintaining our advice and support line in East Cheshire. An initial donation of £10.2k was received during this year from the family of Jim Clarke, who ran a series of marathons and half marathons in memory of their dad and uncle; part of the money raised will be used to launch a men’s mental health activity group at our allotment space. £1.7k was received from the Northumberland Community Pub and £1.5k from Hazel Grove Golf Club. There were numerous other substantial donations, many thanks to all the donors
- **Olive Branch** – £2k to facilitate drop-in sessions
- **GreaterSport** - £4.8k for Carers yoga sessions, in conjunction with BOOST and funded by Greater Manchester Sports Partnership
- **Student placements** - £4k from UCLAN
The funds from the sale of Dove House were invested via the CAF Charity Deposit Platform, managed by Flagstone Investment Management. Interest of £3.1k was received during the year.
A 2-year lease (taken out in February 2023) continued to provide our office space in the Cornerstone building in central Stockport.
There were several remaining non-recurring costs related to the office move and sale of Dove House in February 2023.
The trustees ensured careful control of costs in the uncertain economic environment but agreed to self-finance continued volunteer co-ordination and helpline services through our reserves.
The average number of staff employed for the period was 8, which, adjusting for part time staff, is equivalent to 5.8 full time staff. Employment costs represented 64% of total costs.
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Stockport and District Mind Trustees’ annual report for the year ended 31[st] March 2024
The short-term financial outlook is stable due to the remaining reserves from the sale of Dove House, but concerns remain about the viability of the organisation as a stand-alone entity and steps are being taken to address this (see section 4).
## 3.2 **Reserves**
The sale of Dove House has substantially increased the availability of liquid 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 £73k on 31[st] March 2024 compared with £174k in the accounts, of which £56k is restricted.
The identified level 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.
The Reserves policy is reviewed on an annual basis by the Board.
## 3.3 **Investment policy and objectives**
Month to month cash surpluses during the year and reserves are maintained in interest bearing investments using the CAF Charity Deposit Platform, managed by Flagstone Investment Management.
The Board considers the risks relating to these to be appropriate.
## **4 Plans for the future**
The Board has recognised for some time that the organisation is too small, with disproportionate overheads. The strategy has been to aim for growth, while preparing for potential consolidation (e.g. merger).
Growth to achieve a sustainable stand-alone operation is still possible, but with diminishing reserves the risk of reliance on growth alone is now judged to be too high. The Board has decided to approach potential partners to discuss options, aiming for a consolidation decision by March 2025.
## **5 Structure, governance, and management**
## 5.1 **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.
The Articles of Association have subsequently been revised, most recently in October 2022.
A Scheme of Delegation is in place.
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Stockport and District Mind Trustees’ annual report for the year ended 31[st] March 2024
## 5.2 **Company status**
The Company is limited by guarantee and all members have agreed to contribute a sum not exceeding £10 in the event of a winding-up. The number of guarantees on 31[st] March 2024 was 5.
## 5.3 **Recruitment and appointment of Trustees/ Directors**
Trustees/Directors are recruited from a number of sources, including personal recommendation and approaches to specific organisations 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 illness, of its members.
Under the current Articles, the Board shall comprise not less than three directors, with no upper limit. All members of the Board of Directors are Trustees of the Charity, and all Trustees are members of the Board of Directors.
Trustees are 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 (along with 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 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 9 to the accounts.
The 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.
## **6 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:
- Select suitable accounting policies and then apply them consistently
- Observe the methods and principles in the Charities SORP
- Make judgements and estimates that are reasonable and prudent
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Stockport and District Mind Trustees’ annual report for the year ended 31[st] March 2024
- State whether applicable UK Accounting Standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements
- Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation
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
Kay Day (Chair)
Date: 19[th] November 2024
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Stockport and District Mind Trustees’ annual report for the year ended 31[st] March 2024
I report on the accounts of the company for the year ended 31 March 2024 which are set out on pages 11 to 26.
## **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 can confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is 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: 22 November 2024
10
Stockport and District Mind
Statement of Financial Activities
(including Income and Expenditure account)
for the year ended 31 March 2024
Unrestricted
funds
Restricted
funds
Total funds
2024
Total funds
2023
Note
Income from:
Donations and legacies
59,067
59,067
37,372
Charitable activities..
73,031
51,005
124,036
114,916
Investments
3,145
3,145
734
Profit on disposal of fixed assets
216,577
Total Income
135.243
51,005
186,248
369.599
Expenditure on:
Charitable activities..
254,930
21,373
276,303
275,130
Total expenditure
254,930
21,373
276,303
275,130
Net income/(expenditure) for
the year
(119,687)
29,632
(90,055)
94,469
Transfer between funds
5,973
(5,973)
Net movement in funds for the
year
(113,714)
23,659
(90,055)
94,469
Reconclliatlon of funds
Total funds brought forward
231,473
32,440
263,913
169,444
Total funds carried forward
117,759
56,099
173,858
263,913
The statement of financial activities i ncludes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
A full comparative SOFA is available on the last page of the financial satements.
## Stockport and District Mind Company number 05879337
## Balance sheet as at 31 March 2024
|Note
£
£
**Fixed assets**
Tangible assets
-
-
**Total fixed assets**
**-**
**Current assets**
Debtors
10
14,579
Cash at bank and in hand
164,958
**Total current assets**
**179,537**
**Liabilities**
Creditors: amounts falling
due in less than one year
11
(5,679)
**Net current assets**
**173,858**
**Total assets less current liabilities**
173,858
**Net assets**
**173,858**
**The funds of the charity:**
Restricted income funds
12
56,099
Unrestricted income funds
13
117,759
**Total charity funds**
**173,858**
2024|_£_
_£_
_-_
**_-_**
_22,857_
_246,545_
**_269,402_**
_(5,489)_
**_263,913_**
_263,913_
**_263,913_**
_32,440_
_231,473_
**_263,913_**
_2023_|_£_
_£_
_-_
**_-_**
_22,857_
_246,545_
**_269,402_**
_(5,489)_
**_263,913_**
_263,913_
**_263,913_**
_32,440_
_231,473_
**_263,913_**
_2023_|
|---|---|---|
|||**_-_**
**_263,913_**|
|||_263,913_|
|||**_263,913_**|
|||_32,440_
_231,473_|
|||**_263,913_**|
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:
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476,
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts
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 14 to 24 form part of these accounts.
Approved by the trustees on 19/ 11/ 2024 and signed on their behalf by:
Peter Miles (Vice Chair)
Kay Day (Chair)
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Stockport and District Mind
Statement of Cash Flows
for the year ending 31 March 2024
Note
2024
2023
Cash provided by/(used in) operating activitie! 15
(84,732)
(173,510)
Cash flows from investing activities..
Dividends, interest, and rents from investments
Proceeds from sale of tangible fixed assets
3,145
734
320,479
Cash provided by/(used in) investing activities
3,145
321,213
Increase/(decrease) in cash and cash
equivalents in the year
(81,587)
147,703
Cash and cash equivalents at the beginning of the year
246,545
98,842
Cash and cash equivalents at the end of the year
164,958
246,545
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Stockport and District Mind
Notes to the accounts for the year ended 31 March 2024
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 FRSIO2.
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 Board has recognised for some time that the organisation is too small, with
disproportionate overheads. The strategy has been to aim for growth, while preparing for
potential consolidation (e.g. merger).
Growth to achieve a sustainable stand-alone operation is still possible, but with diminishing
reserves the risk of reliance on growth alone is now judged to be too high. The Board has
decided to approach potential partners to discuss options, aiming for a consolidation
decision by March 2025.
The Board consider it approriate to prepare the financial statements on a going concern
basis as no material adjustment to the charity's assets and liabilities will be needed in the
event of a merqer .
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Stockport and District Mind
Notes to the accounts for the year ended 31 March 2024 (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 legacyi 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 2024 (continued)
f Fund accounting
Unrestricted funds are available to spend on activities that further any of the purposes of
charity.
Designated funds are unrestricted funds of the charity which the trustees have decided at
their discretion to set aside to use for a specific purpose.
Restricted funds are donations which the donor has specified are to be solely used for
particular areas of the charity's work or for specific projects being undertaken by the
charity.
g Expenditure and irrecoverable VAT
Expenditure is recognised once there is a legal or constructive obligation to make a
payment to a third partyi 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:
Expenditure on charitable activities includes the costs of Mental Health Advocacy
and Counselling Services undertaken to further the purposes of the charity and
Other expenditure represents those items not falling into any other heading.
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.
l Operating leases
Operating leases are leases in which the title to the assets, and the risks and rewards of
ownershipi 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
Freehold land & building
Equipment & fittings
Computer equipment
Annual rate
20/0
25%
16
Stockport and District Mind
Notes to the accounts for the year ended 31 March 2024 (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.
I 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.
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 l.
Income from donations and legacies
Unrestricted
Restricted
Total 2024
Total 2023
Donations
Legacies
49,192
49,192
9,875
37,372
9,875
Total
49,192
9,875
59,067
37,372
17
Stockport and District Mind
Notes to the accounts for the year ended 31 March 2024 (continued)
Income from charitable activities
Unrestricted
Restricted
Total 2024
Eric Wright Charitable Trust
Greatersport
Signpost Carers
Olive Community Projects
Fees and other income
10,000
4,771
40,038
2,082
16,140
10,000
4,771
40,038
2,082
67,145
51,005
Mental Health Advocacy &
Counselling Services
73,031
51,005
124,036
Previous reporting period
unstrICted
Restricted
2023
Eric Wright Charitable Trust
CAB Advocacy
Cheadle Royal Trust
Signpost Carers
GM TOG Mind
Fees and other income
6,500
6,500
10,216
13,100
51,000
23,243
10,857
10,216
13,100
51,000
23,243
10,857
Mental Health Advocacy &
Counselling Services
68,357
46,559
114,916
Investment Income
2024
2023
Income from bank deposits
3,145
734
3,145
734
18
Stockport and District Mind
Notes to the accounts for the year ended 31 March 2024 (continued)
Analysis of expenditure on charitable activities
Total 2024
Total 2023
staff costs
Administration
Programme costs
Governance -
Accountancy and
independent examination
192,844
77,993
3,966
199,666
73,567
397
1,500
1,500
276,303
275,130
2024
2023
Restricted expenditure
Unrestricted expenditure
21,373
254,930
28,425
246,705
276,303
275,130
Net income/(expenditure) for the year
This is stated after charging/(crediting):
2024
2023
Independent examiner's remuneration
Accountancy
Independent examination
1,200
300
1,200
300
19
Stockport and District Mind
Notes to the accounts for the year ended 31 March 2024 (continued)
## **8 Staff costs**
Staff costs during the year were as follows:
|Wages and salaries
Social security costs
Pension costs
Payroll administration|2024
£
161,121
7,227
3,229
1,189
172,766|_2023_
_£_
_174,488_
_7,892_
_3,296_
_464_
_186,140_|
|---|---|---|
Nil employees has employee benefits in excess of £60,000 (2023: Nil). The average number of staff employed during the period was 10 (2023: 12). The average full time equivalent number of staff employed during the period was 5 (2023: 8).
The key management personnel of the charity comprise the trustees, the Chief Officer. The total employee benefits of the key management personnel of the charity were £34,321 (2023: £31,113).
20
Stockport and District Mind
Notes to the accounts for the year ended 31 March 2024 (continued)
Trustee remuneration and expenses and related party transactions
No (2023: no) trustee received expenses during the year (2023: £nil).
There were no donations from related parties (2023: nil).
No trustee or other person related to the charity had any personal interest in any contract or
transaction entered into by the charity, including guarantees, during the year (2023: nil).
10 Debtors
2024
2023
Accrued income
other debtors
14,579
21,143
1,714
14,579
22,857
11 Creditors: amounts falling due within one year
2024
2023
Accruals
Other creditors
Taxation and social security costs
5,008
671
4,873
616
5,679
5,489
21
Stockport and District Mind
Notes to the accounts for the year ended 31 March 2024 (continued)
12 Analysis of movements in restricted funds
Balance at
l April
2023
Balance at
31 March
2024
Income
Expenditure
Transfers
CAB Advocacy
CRH Charitable
Trust
GM TOG Mind
Connect 5
4,375
(1,612)
(2,763)
4,822
23,243
(1,612)
(6,328)
(11,821)
(3,210)
24,340
26,665
41,255
14,844
Total
32,440
51,005
(21,373)
(5,973)
56,099
Previous
Balance
reporting period at l April
2022
Balance at
31 March
2023
Income
Expenditure
Transfers
Cheshire
Community Fund
CAB Advocacy
CRH Charitable
Trust
14,306
(14,306)
(5,841)
10,216
4,375
13,100
(8,278)
4,822
GM TOG Mind
23,243
23,243
Total
14,306
46,559
(28,425)
32,440
Name of
Description, nature and purposes of the fund
Citizens Advice
(Cheshire north)
CRH Charitable
Trust
providing community advocacy on North-East Cheshire.
helping people with mental health issues to provide advocacy in
nvigating the complexities of the benefits system.
to provide Menopause Awareness training
TOG MIND
Connect 5
22
Stockport and District Mind
Notes to the accounts for the year ended 31 March 2024 (continued)
13 Analysis of movement in unrestricted funds
Balance
at l April
2023
Asat31
March 2024
Income
Expenditure
Transfers
General fund
Designated fund
193,251
38,222
135,243
(254,930)
44,195
(38,222)
117,759
231,473
135,243
(254,930)
5,973
117,759
Previous
reporting
period
Balance
at l April
2022
Balance at
31 March
2023
Income
Expenditure
Transfers
General fund
Designated fund
116,916
38,222
323,040
(246, 705)
193,251
38,222
155,138
323,040
(246, 705)
231,473
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.
23
Stockport and District Mind
Notes to the accounts for the year ended 31 March 2024 (continued)
14 Analysis of net assets between funds
General
fund
Designated
funds
Restricted
funds
Total
Tangible fixed assets
Net current assets/(liabilities)
117,759
56,099
173,858
Total
117,759
56,099
173,858
IS Reconciliation of net movement in funds to net cash flow from operating activities
2024
2023
Net income/(expenditure) for the year
Adjustments for:
Loss/(profit) on sale of fixed assets
Dividends, interest and rents from investments
Decrease/(increase) in debtors
Increase/(decrease) in creditors
(90,055)
94,469
(216, 577)
(734)
(5,270)
(45,398)
(3,145)
8,278
190
Net cash provided by/(used in) operating
(84,732)
(173, 510)
24
Stockport and District Mind
Notes to the accounts for the year ended 31 March 2024 (continued)
16 Prior year Statement of Financial Activities (including Income and Expenditure account)
Unrestricted
funds
Restricted
funds
Total funds
2023
Total funds
2022
Note
Income from:
Donations and legacies
37,372
37,372
63,541
Charitable activities:
68,357
46,559
114,916
157,141
Investments
734
734
28
Profit on disposa l of fixed assets
216,577
216,577
Total income
323,040
46,559
369,599
220,710
Expenditure on:
Charitable activities:
246,705
28,425
275,130
237, 713
Total expenditure
246,705
28,425
275,130
237,713
Net Income/(expenditure) for the
year
76,335
18,134
94,469
(17,003)
Transfer between funds
Net movement in funds for the
year
76,335
18,134
94,469
(17,003)
Reconciliation of funds
Total funds brought forward
155,138
14,306
169,444
186,447
Total funds carried forward
231,473
32,440
263,913
169,444
The statement of financial activities includes all gains a nd losses recogn ised in the year.
All income and expenditure derive from continuing activities.
24