RE615TERED COMPANY NUMBER: 07124743 {England and Wale51 REGISTERED CHARITY NUMBER: 1141467 Report of the Trustees Jnd Unaudited Flnanclal Statements for the Year Ended 31 March 2025 College of Mentsl Health Pharniacy Swindells LLP Chartered Accountants Atlantic House 8 Bell Lane Bellbrook Industrial Estate Uckfield East Sussex TN22 IQL
College of Mental Health Pharniary Contents of the Flnancial Statements for the Year Ended 31 Marth 2025 Page Report of the Trustees Independent Exjmlner's Report Statement of Flnanclal Actl¥ltles Balance Sheet 10 to 11 Notes to the Flnanclal Ststements 12 to 17 Drt•lled Sttennt of Fln•ncl•l Artl¥ltles 18 to 19
College of Mentsl Health Pharniacv Report ofthè Trustee5 for the Year Ended 31 Marth 2025 The trustees who are also dirertors of the charity for the purposes of the Companies Act 2(K)6, present their report with the financial statements of the charity for the year ended 31 Marth 2025. The trustees have adopted the provisions of 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 IFRS 1021 leffective l January 20191- CHARITABLE AIMS To advènte education in the practice of mental health pharniacy and to promote and disseminate résèarch for the public benefit in all aspects of that subject. Each aspect of our work contributes to our charitsble aim5 In some way. For example.. Continued delivery of Psy¢h l and Psych 2 educational courses, induding expansion into the Southern Hemisphere, providing global access to mental health pharm3cy education. Active contribution to national consultations and mental health Buidelines. influencing best practice and policy. Collaboration with partner or8anlsatlons to Improve public understanding of psychiatric mediclne5 and thelr use. Credentialing and re-¢redentialing pathways that SUPPOrt professlonal development and recognise expertSse. Peer support through our email discussion gioup arsd events such as oijr international conference. CMHP remalns a vibrant community of professionals committed to improvin8 knowledge and understandin8 In mental health pharmacy, ultimately enhancin8 patlent care. OBJECTIVES AND AcnvmES OblÈctlves Jnd alms To ensure that people wlth mental health conditions receive the best trèatmènt wlth medlclnes tailored to thelr individual needs, ensurin8 pharmaceuticals are used appropriately and effectively. AcnviTIES UNOERTAKEN FOR THE PUBUC BENEFIT In plannin8 the charity'5 activities for the yeai, the trustees complied with the requirements of s17 of the Charities Act 2011 to have due regard to the public benefit guidan published by the Charity Cornmis5ion. Page I
College of Mentsl Health Phamiacy Report of the Trustees for the Year Ended 31 March 2025 ACHIEVEMENT ANO PERFORMANCE Main achievements summary Implementation of Strategic Plan- Continued pro8re55 on our four golden threads.. Advocating for equality, diversity and inclusion in mental health pharmacy. ReducinE StIEmè through co-produced practice with people with lived experience. Delivering high*uality outputs to POSltion CMHP as the leading authority in mental health pharmacy. Embedding sustainability and climate-conscious practice5 in mental health pharrnacv. Education and Training: Successful delivery of Psych l and pSh 2 course5. including international expansion. Development of new educatlonal resources and updates to existln8 Content. Credentlaling and Professional Development- Ongoing credentialinB and Foundation Certificate pathway. Launch of joint credentialing process with the Royal Pharmaceutical Society. Research and Recognition.. Continued partnership with Pharmacy Research UK for prartice research awards. Awarding of educational bursarles to support Professional 8rowth. Engagement and Communl¢atlon: Hosting of AGM durin8 the 2024 international conference. Regular publication of PsychBites newsletter with updates from Council and members. - Growth of social medla presence across Facebook. Insta8ram. and Llnkedln. Collaboration and Influence: Feedback on consultations from NICE, MHRA, RPS, Welsh Government and others. Media commèntary and expert input in publications such as the Pharmaceutical Journal. Continued collaboration with organisations includlng APTUK, BAP. CPPE, CPC, NAPICU, NHSE, RPS, RCPsych. and International Reach.. Strengthening links with members and organisations in Ireland, Australia, New Zealand, and beyond. Communlty Support.. Ongoing sharing of best practice and advice through the CMHP e-group and member networks. FINANaAL REVIEW Flnanclal posltlon At 31 March 2025 the thzritablè company had free reserves of £415,52312024 - £364,7291. The net surplus for the year of £50,794 represents a reduction when compared to the previous year's surplus on ongoing activities of £54,815. Page 2
Cotlege of Mentsl Health Phamiacv Report ofthe Trustees for the Year Ended 31 Marth 2025 FINANCIAL REVIEW Reserves policv Charitable free reserve5 are defined a5 income which becomes available to the charitable company and is to be spent at the trustees, discretion in furtherance of any of the charity's objectives. but whith is not yet spent, committed or designated. The free reserves of the charitsble company are represented by the accumulation of cash reseNes from surpluses of income over expenditure in both the current and past financial years. The charitable company currently has annual running costs of approximately £2,CJ) that require financing before retainin8 most of its free reserves for the purposes of financing it5 future charitable objective5. The level of freè reserves is reviewed regulady by the trustees and the charitable company's reserves stance 15 to maintain accumulated funds at a sufficient level to cover the annual running C05t5 of the charitable company for the foreseeable future with any surpluses used to SUPPOrt future charltable objectives. STRucfuRE, GOVERNANCE ANO MANAGEMENT Governln8 document The charity is controlled by Its 8overning document, deed of trLSSt and constitutes a Ilmlted company Ilmlteij by Buarantee as defined by the Companies Act 26. The College of Mental Health Pham)•cy Is a reBlstered charitable company number 1141467, governed by Its Memorandum and Articles of Association and incorporated on 23 January 2010. The company was granted charltable statu5 on 15 April 2011. Organlsatlonal 5trurture The charitable company is administered by the tnjstees comprising of the individuals who are the trustees of the charitable company at any given time, includin8 the first trustees and their 5ucces50rs. In selectlng Individuals for appointment as trustees. the trustees have regard to the skills, knowledge and experience required for the effective administration of the charltable company. Management The management of the charitable company is vested in the officers of ihe College cornprisin8 President, Vice President, lrnmediate Past President, Honorary Treasurer, Honorary Secretary and Reglstrar who together with other elerted council members, are directors for the purpose of cornpany law and trustees for the purpose of charity law. Page 3
College of Mental Health Pharmacy Report of the Trustees for the Year Ended 31 Mar¢h 2025 STRUCTURE, GOVERNANCE AND MANAGEMENT REFERENCE AND ADMINISTRATV4lE DETAILS Reg15tered charlty name: Colle8e of Mental Health Pharmacy Charity registration number.. 1141467 Company registration number.. 07124743 Regbstered offlce and principal address- 23 Southway, Burgess Hill. West Sussex RH15 9SY OFFICERS OF THE COLLEGE The officer5, who were all directors and trustees of the charitsble company durin8 the year, were as follows.. President.. Karen Shuker Immedlate Past President.. R05allnd Glttlns Vice President.. Nicole Greenhalgh Honorary Treasurer- Tara Gallagher Honorary Secretary.. Petra Brown Registrar.. Beryl Navti The officer5, who are all dlrectors and trustees of the charitable company at the date ol approval of these flnancial statements are as follows: Presldent: Karen Shuker Immediate Past President- Rosalind Gittins Vlce President.. Nicole Greenhalgh Honorary Treasurer.. Tara Gallagher Honorary Secretary.- Petra Brown Re8istrar'. Beryl Navti MEMBERS OF THE COLLEGE COUNCIL The members, who are all directors and trustees of the charftsble company at the date of approval of these financial statements, are as follows.. Petra Brown - Honorary Secretary R05alind Gittins- Imrnedlate Past President Klran Hewitt- Council Member Clara Ni Dhublaing- Council Member Karet) Shuker- President Michael Dixon- Council Member Tara Gallagher- Honorary Trèasurer Abiola Allison- Council Member Nicola Greenhalgh Vice President Orla Macdonald- Council Member Yogita Dawda- Council Member Amanda Wheeler- Council Member Katie Evans- Council Member Beryl Navti - Registrar Page 4
College of Mental Health Phamiacv Report of the Trustees for the Year Ended 31 March 2025 sTRUURE, GOVERNANCE AND MANAGEMENT Louise Revell Council Member Jaspreet Sohal Council Member SUPPORT TEAM OF THE COLLEGE COUNaL Wendy Gundry, ASL Consultancy- Executive Assistant and Membershlp Officer Alan Pollard - Admin Support for Credentialing and Education Events Eleanor Harwood - Communications Consultant REFERENCE ANO ADMINISTRATIVE DETAILS Re81stered Company number 07124743 IEngland and Wales) Reg15tered Charfry number 1141467 Reglster•d offlce Lancaster Court 8 Barnes Walli5 Road Fareham Hampshire P015 STU Trustèes Mrs R E Gittlns Dlrector Ms C N5 Dhublaing Director Ms K Shuker Dlrertor M Dixon Mrs T L Gallagher A A M Allinson Miss N L Greenhal8h Professor A J Wheeler Academic Ms Y Dawda Pharmacist Ms O Macdonald Pharmacist Mrs B B Navti Miss K L Evan5 Mlss L Revèll Mrs l K Sohal K Hewitt P Brown Page 5
College of Mentsl Health Pharmacv Report of the Trustees fof the Year Ended 31 March 2025 REFERENCE ANO ADMIN15TrATIVE DETAILS Independent Examiner Swindells LLP Chartered Accountants Atlantic House 8 Bell Lane Bellbrook Industri¥l Estate Uckfield East Sussex TN22 IQL OTHER INFORMATION Webslte: www.crnhp.org.uk ial Media: Facebook, Twitter and Linkedln Accounts.. Vlsit College of Mental Health Pharmacy Approved by order of the board of trustees on...... and si8ned on its behalf by: Ms K Shuker- Trustee Page 6
IndeperKlent Examiner'5 Report to the Trustees of College of Mentsl Health Phamty Independent examlner's report to the trustees of (lege of Mental Health Pharmacy I'the Company'l I report to the eharity trustees on my examination of the accounts of the Company for the year ended 31 March 2025. Responslbllltles and basls of report As the charity's trustees of the Company land also its directors for the purposes of company lawl you are responsibSe for the prep3r3t¢on of the accounts in accordante with the requirements of the Companies Act 20061'the 2rx)6 Act'l. Havlng satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eli8ible for independent exarnination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 Ilhe 2011 Act'l. In carrylng out my examination I have lollowed the Directions given by the Charity Cornmi$5ion under Section 145151 Ibl of the 2011 Act. Page 7
Independent Examlnerfs Report to the Trustees of College of Mental Health Pharmary Independent examlner's Statement Since your charity'5 gr055 income exceeded £250,( your examiner must be a member of a listed body. I can confirm that l am qualified to undertake the examination becatjse l am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodles. I have completed my exèmination. I confirm that no matters have come to my attention in connection with the examination giv1r me cause lo believe- accounting records were not kept in respect of the Company as required by Section 386 of the 2(MJ6 the accounts do not accord with those reeords. or the accounts do rbot tomply with the accounting requirements of Section 396 of the 2C(6 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 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 lapplicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republlc of Ireland IFRS 10211. I have no concerns and have come acr055 no other matters In ¢onne¢tlon wrth the examination to which attentlon should be drawn In thls report Sn order to enable a proper understanding of the accounts to be reached. lan Jenkins Bk FCA The Institute of Chartered Accountant5 in England and Wales Swindells LLP Chartered Accountants Atlantic House 8 Bell Lane 8ellbrook Industrial Estate Uckfield East Sussex TN22 IQL Date.. Page 8
College of Merrtal Heatth Pharmary ststement of Flnanclal Artivitrès for the Year Ended 31 March 2025 2025 2024 Total funds Unrestricted fund Note5 INCOME AND ENDOWMENTS FROM Donations and legacies 42,962 35,379 Charftable artlvltles Charitable activities 213.144 170,210 Investment income 2,758 2,986 Totsl 258,864 208,575 EXPENDITURE ON Charitsble activities Charitable activities Support costs 168,825 39,245 121,942 31,818 Total 208,070 153,760 NET INCOME 50,794 54,815 RECONCIUATION OF FUNDS Total funds brought forward 364,729 309.914 TOTAL FUNDS CARRIEO FORWARD 415,523 364,729 The rKJtes fomi part of these financial statements Page 9
College of Mentsl Health Phamiacy Balance Sheet 31 March 2025 2025 Unrestricted fund 2024 Total funds Notes FIXED ASSETS Tangible assets li S8 73 CURRENT ASSETS Debtors Cash at bank 12 18,656 421,391 22,110 367,291 440,047 389,401 CREDITORS Amounts falling due within one year 124,5821 124,7451 NET CURRENT ASSETS 415,465 364,656 TOTAL ASSETS LESS CURRENT LIABILtTIES 415.523 364,729 NET ASSETS 415,523 364,729 FUNDS Unrestricted funds 14 415,523 364,729 TOTAL FUNDS 415,523 364,729 The charltable company is entitled to exemption from audit under Section 477 of the Companles Act 2006 for the year ended 31 March 2025. The members havt not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 In accordance wlth Section 476 of the Companles Act 2Crt)6. The trustees acknowledge their responsibilities for ensuring that the charitable company keeps accounting record5 that comply with Sections 386 and 387 of the Companies Act 2(X16 and preparing financial statements which give a tn and fair view of the state of affairs of the Charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirement5 of the Companie5 Act 26 relating to financial statements. so far as applicable to the charitable companv. The notes form part of these financial statements Page 10 continued..
College of Mental Health Pharmacy Balance Sheet- contlnued 31 March 2025 These flnancial statements have been prepared in accordance with the provisions appllcable to charitable companie5 5ubjert to the small companies regime. The flnancial statements were approved by the Board of Tnjstees and auth)rised for trs5ue on ..1.111712S............. and were 518ned on it5 behalf bv-. K Shuker- Truslee rustee The notes forni part of these financial statements Page 11
College ol Mental Health Phamwy Notes to the Financial Statements for the Year Ermled 31 Marth 2025 ACCOUNTING POLICIES Basls of preparlng the flnanclal ststements The financial statements of the charitable company, which is a public benefit entity tjnder FRS 102, have been prepared in accordance with the Charities SORP IFRS 1021 'Accountin8 and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparin8 their accounts In accordance with the Financial Reportin8 Standard applicable in the UK and Republic of Ireland IFRS 1021 (effective l January 20191,. Financial Reporting Standard 102 'The Financial Reporting Stat)dard appllcable in the UK and Republic of Ireland. and the Companie5 Act 21)36. The financial statements have been prepared under the hlstorical ¢ost convention. The presentation currency in the financial statements is the Pound Steding (£1. The charitable company ha5 taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 The Financial Reporting Standard applicable In the UK and Republbc of Ireland,: the requirements of Section 7 Statement of Cash Flows. Income All Income Is recognlsed In the Statement of Flnanclal Artlvltles once the charlty has entStlement to the funds, it is probable that the incorne will be received and the amount can be measured reliably. Membership subscription5 which give a member the right to buy services or other benefits are reco8ni5ed as Income earned from the provision of goods and service5 as incorne from charltable activities otherwise as donations. Income from interest royalties and dividends a included in the financi315tatements when th* recelpt15 probable and the amount receivable can be measured reliablv. Expendhure Liabilities are recoBnised as expendlture as soon as there is a legal or constru¢tive obligation committin8 the charity to thal expenditure, it 15 probable thal a Iransfer of economlc benefit5 will be required in settlernent and the amount of the obligation can be measured reliably. Expenditu is accountèd for on an accruals basis and has been classlfied under headin85 that aggregate all c05t related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to artivities on a basis consistent with the use of resources. T4n8lble fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Computer equipment 20% on reducing balance Tax•tlon The charity is exempt from Corporation tax on its charitable activities. Fund accounting Unrestrirted funds can be used in accordance with the charitable objectives at the dlscretion of the trustees. Page 12 tontinued...
College of Mental Health Pharn)acy Notes to the Financial Statements- continued for the Year Ended 31 Mah 2025 ACCOUNTING POUCIES- contlnued Fund accounting Restricted funds can only be used for particular restricted purposes within the object5 of the charity. Restrirtions arise when specified by the dorbor or when funds are raised for particular restricted purposes. Deferred 5ncome Deferred income ha5 been recognised in regards to training events and study day fees received in advance. DONATIONS AND LEGACIES 2025 2024 Membership subscriptions 42,962 35,379 INVESTMENT INCOME 2025 2024 Deposit account interest 2,758 2,986 SUPPORT cosrs Governance costs Mana8ernent Flnance Totals Charitable artivitles support C05tS 2,105 36,299 2,105 39,245 205 2,741 38,404 205 2,741 41,350 Governance costs include £2,741 12024 £2,630) payable to the indepèndènt examiner for exarnination of the accounts. Page 13 continued...
College of Mentsl Health Ph•miKy Notes to the FinarKial Statements - contlnued for the Year Ended 31 March 202S NET INCOMEIIEXPENDITURE) Net incomellexpenditurel is stated after charginBllcreditin81= 202S 2024 Depreciation - owned assets 15 18 TRUSTEES. REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024. Trustees. expenses Travel, subsistence and accommodatlon expenses paid to the trustèes in respect of attendin8 committee meetln8s during the reporting period amounted to £9.42512024- £4,952). EMPiOYEE NUMBERS There were no employees In the current year or the prevlous year. COMPARATIVES FOR THE STATEMEiif OF FINANCIAL AcnvmES Unrestricted fund INCOME AND ENOOWMENT5 FROM Donations and legacies 35,379 Charltable Jctlvltles Charltable actiwties 170,210 Investment income 2,986 Total 208,575 EXPENDITURE ON Charltable attlvltles Charitable actiwties Support costs 121,942 31,818 Totsl 153,760 NET INCOME 54,815 Page 14 Continued...
College of Mentsl He4h Pharniary Notes to the Financial Ststements- contlnued for the Year Ended 31 Mprth 2025 COMPARATIVES FOR THE sfATEMENf OF FINANaAL AcnviTIES- contlnued Unrestricted fund RECONCILIATION OF FUNDS Total funds brought lorward 309,914 TOTAL FUND5 CARRIED FORWARD 364,729 COMPANY UMITED BY GUARANTEE The Company is limited by guarantee with the liability of its members limited to £1, being the amount each rnember Is requlred to contribute towards any outstandin8 debts and liabilitie5 upon the winding up of the companv. 10. CHARrrABLE STATUS The company was granted charitable status by the Charity Commission of 15 Aprll 2011, with the reBi5tration number 1141467. 11. TANGIBLE FIXED ASSErs Computer equipment COST At l April 2024 and 31 March 2025 DEPRECIATION At l April 2024 Charge for year 4,933 15 At 31 March 2025 NET BOOK VALUE At 31 March 2025 58 At 31 March 2024 73 Page IS continued...
College of Mental Health Pharniacy Notes to the Financlal Statements- continuèd for the Year Ended 31 March 2025 12. DEBTORS: AMOUNTS FAiLING DUE wmiiN ONE YEAR 2025 2024 Trade debtors Other debtors Prepayments and accrued income 15,940 18,980 2,326 2,716 18,656 22,110 13. CREDITOR5: AMOUNTS FALUNG DUE WITHIN ONE YEAR 2025 2024 Other creditors Accruals and deferred Income 1,445 23,3C 24,582 24,582 24,745 Deferred income of £17,555 12024 - £I8.8Cl included in creditor5 relates to training events, study days, membership fees and commission received in advant¢. 14. MOVEMENT111 FVNOS Net movement in funds At 31.3.25 At 1.4.24 Unrestrlcted funds General fund 364,729 50,794 415,523 TOTAL FUNOS 364,729 50,794 415,523 Net movement In funds, Included in the above are as follows: Incoming resource5 Resources expended Movement In funds Unrestrfrted fvnds General fund 258,864 1208,0701 50,794 TOTAL FUNDS 258,864 1208,0701 50,794 Page 16 ontinued...
College of Mentsl Health Pharniary Note5 to the Financial Statements- continued for the Year Ended 31 March 2025 14. MOVEMEMf IN FUNDS- continued ComparJtl¥es for movement In fvnds Net movement in fund5 At 31.3.24 At 1.4.23 Unrestrlcted funds General fund 309.914 54,815 364,729 TOTAL FUNDS 3),914 54,815 364,729 Comparative net movement in funds, included in the above are as follows.. Incomin8 resources Resources expended Movement in funds Unrestricted funds General fund 208,575 1153,7601 54,815 TOTAL FUNDS 208,575 1153,7601 54,815 IS. RELATED PARTI DISCLOSURES There were no related party transartions for the year ended 31 March 2025 nor for the year ended 31 March 2024. 16. ULTIMATE cof4TROiLING PARTY The company Is under the ultirnate control of its members comprlsing the rnembershlps of it5 two former unincorporated organisations, the United Kingdom P5ychiatrfc Pharmacy Group and the College of Mental Health Pharmacists. Page 17
College of Mental Health Phamry Detailed Statement of Financial Activlttes for the Year Ended 31 March 2025 2025 2024 INCOME AND ENDOWMENT5 Donatlons and legacFes Membership subscriptions 42,962 35,379 Investment Income Deposit account interest 2,758 2,986 Charltable artlvltle5 Conference sponsorship and dtgate ftes Tralnlng events and study day fees Corporate partnership scheme Credentlaling Commission re¢lvèd 115,476 78,318 iO,CK)O 1,350 84,379 70,055 io,coo 3,276 213,144 170,210 Total Incomlng resources 258.864 208,575 EXPENDITURE Charltable artlvltles Conference costs Tralning and study day costs Educational bursaries and awards Committèe expenses Credentialing costs 128,614 26,209 2,472 9,425 81,633 21,663 8,685 3Crf) 166,720 120,721 Support costs Management Insurance IT and webslte rnaintènante Bookkeepin8 Consultancy fee5 Admlnistration Paypal charges DepreclatSon of tangible and heritage a55et5 807 2,105 715 1,221 16,450 14,588 1,439 11,CX)2 13,205 1,067 18 38,404 30,228 This pa8e does not form part of the statutory financial statements Page 18
G)Ilege of Mentsl Health Pham Detsiled Statement of financial Activities for the Year Ended 31 March 2025 2025 2024 Management Flnance Bank char8es 205 181 Governance costs Accountancy fees 2,741 2,630 Total resources expended 208,070 153,760 Net Income 50,794 54,815 Thls page does not form part of the statutory financial statements Page 19