**Charity no. 1158926** **Mental Fight Club Report and Unaudited Financial Statements 30 April 2021** ## **Mental Fight Club Reference and administrative details For the year ended 30 April 2021** ______________________________________________________________________ |**Charity number**
1158926
**Registered offce**
CAN Mezzanine
7 - 14 Great Dover Street
London
SE1 4YR
**Operational address**St George the Martyr
Borough High Street
London
SE1 1JA
**Trustees**
Dr Khaldoon Ahmed Resigned March 2021
Martin Ball
Lamis Bayar
Robin Hatton-Gore| |---| |Grace Smith
Dr Elinor Wyn Hynes
**Bankers**
NatWest Bank Plc
The Co-operative Bank Plc
London Bridge
PO Box 101
10 Southwark Street
1 Balloon Street
London Bridge
Manchester
SE1 1TT
M60 4EP| |**Independent examiner**Godfrey Wilson Limited
Chartered accountants and statutory auditors
5th Floor Mariner House
62 Prince Street
Bristol
BS1 4QD| 1 **Mental Fight Club Report of the trustees For the year ended 30 April 2021** ______________________________________________________________________ Reference and administrative information set out on page 1 forms part of this report. The financial statements have been prepared on the accounting policies set out in note 1 to the financial statements and comply with the CIO's trust deed, applicable law, and the requirements of the Statement of Recommended Practice, Accounting and Reporting by Charities (effective January 2015). ## **GOVERNANCE AND STRUCTURE** Founded, led and delivered by people with mental health experience, Mental Fight Club (MFC) exists as an openhearted collaboration between its teams, volunteers, and practitioners. With dedication, we work together to continue the high-quality delivery of Mental Fight Club’s projects. Our patrons’, partners’ and stakeholders’ unstinting support makes our work possible. Mental Fight Club is a Charitable Incorporated Organisation (CIO) and its governing document is a constitution. There is a recruitment process for Trustees including an application process, interview, references and period of shadowing on the Trustees Board. At the start of the 2020/21 period, MFC’s six trustees were Lamis Bayar (Chair), Grace Smith (Treasurer), Khaldoon Ahmed, Robin Hatton-Gore, Martin Ball and Elinor Wyn Hynes. At the AGM Khaldoon Ahmed resigned as Trustee. Our Annual General Meeting was held online on 25th March 2021 due to COVID restrictions. ## **PUBLIC BENEFIT STATEMENT** The Trustees confirm that they have complied with the duty in section 4 of the Charities Act 2011 to have due regard to the Charity Commission's general guidance on public benefit and publication by Charity Commission "Charities and Public Benefit". **Mental Fight Club** is a charity founded, led, and delivered by people with mental health experience. Its charitable objective is: “The promotion of social inclusion amongst people who are socially excluded from society or parts thereof as a result of mental ill-health, through the provision of creative events which foster social connection and allow for the exploration of mental illness, recovery and well-being for all.” In fulfilment of its charitable objective, Mental Fight Club has continued its creative and inclusive approach to project development and delivery throughout the year. 2 **Mental Fight Club Report of the trustees For the year ended 30 April 2021** ______________________________________________________________________ ## **ACHIEVEMENTS AND PERFORMANCE** **Mental Fight Club runs three key projects, The Dragon Café, The Dragon Café in the City, and Re:Create Psychiatry, as well as a proliferation of activities, which undergird and amplify its work. The national lockdown restricted how we could pursue our charitable purpose, but we managed to provide weekly connection to hundreds of Patrons.** ## _**In the virtual community, The Dragon Café**_ **Although Covid restrictions prevented The Dragon Cafe from physically meeting we have kept the community together with online activities.** Free and open to all, our pioneering project has welcomed Patrons near enough every Monday since 2012. In 2020-21, we celebrated 47 Dragon Mondays online together. After meetings stopped in mid-March 2020 we soon shifted to Dragon Cafe Connect online activi ties to engage with Patrons and new audiences isolated by the lockdown necessary to combat the pandemic. The move online was made possible by the digital expertise available within The Dragon Café Team. Throughout Covid-19, the weekly programme brought new and existing Patrons together with over 8, 500 online views and registered attendances over that period for a range of activities. Encouragingly, we had new patrons joining our community of minds, which is heartening as it also connects them to the wider projects provided by MFC. We continued to work over the year to strengthen our existing equality and intersectionality work yet more in order to support those who face the challenges of navigating mental health ill-health while also facing additional stigma through racism and homophobia- celebrating Black History Month, International Day Against Homophobia, Biphobia and Transphobia and International Woman’s Day. Amongst this year’s creative online programme highlights were: - At The Table - part of Healthy London Social Prescribing pilot - Southwark Rebel Woman - songwriting and performing on International Woman’s Day 8th March 2021 on Resonance Radio and London Bridge Business District - Great Get Together - Southwark Community Festival -radio broadcast including The Dragon Cafe Singers “Finding Our Way” - Dragon Mindfulness - Speaking out - improving confidence - Theatre 3 **Mental Fight Club Report of the trustees For the year ended 30 April 2021** ______________________________________________________________________ Initially the online provision was a live youtube programme going out every Monday between 3.00-m and 4.30pm, but in September we fully restored participatory sessions where people could talk and interact with the session presenters and activity leaders. Being online has increased the geographical spread of the participants and we now have people in different continents dancing with us on Monday's. As part of MFC's shift to online provision, the Dragon Cafe Singers have been harmoniously getting together every week to enjoy a deepening social bond. Every week, they have been selecting songs from their repertoire as well as new numbers. ## _**In the virtual working from home community, Dragon Café in the City**_ **Similar to the Dragon Cafe, our collaboration with Shoe Lane Library and the Corporation of London continued online with regular fortnightly Wednesday sessions engaging with existing and new audiences** Over the year, we delivered 24 events, and over 135 different activities which yielded over 1,600 creative interactions. There were a wide range of creative activities including festive healthy eating, making of affirmation calendars, laughter therapy and discussions on challenging topics such as medication, wellbeing and fatherhood, modern masculinity , bereavement, anxiety and much more. Participants value the project. 87% of participants responding to a Dragon Cafe in the City survey agreed or strongly agreed that attending helped to improve their mental wellbeing. ## **In the Mental Health System, Re:Create Psychiatry** **Re:Create Psychiatry (ReCP) e** nables mental health professionals to better understand people who have lived experience of mental ill-health, and allows service-users to in turn better understand mental health professionals. To achieve this, ReCP curates conversations, which bring those who use mental health services and those who provide them together to collectively envision solutions to the challenges of the contemporary mental health system. In April 2020, our ReCP conversations moved online. Online resources were being shared via the ReCP fortnightly newsletter and ongoingly via social media . Two monthly online meet-ups were organised and online workshops were held to develop an animated film, produced by Mindwick, about Covid-19’s impact on our mental health. This film was co-developed by people with mental health experience, health professionals, researchers as part of a Wellcome Trust grant. ## _**In Education and Research, bringing MFC’s collective knowledge to bear**_ **Mental Fight Club continues to work to create awareness of the pivotal role knowledge acquired through lived mental health expertise – personal and collective – can be made to play in contemporary society. In doing so, we engage with the spaces where new knowledges are** 4 **Mental Fight Club Report of the trustees For the year ended 30 April 2021** ______________________________________________________________________ ## **formed.** ## **- Relate, Create, Integrate,** **Support from the Wellcome Trust, continued during 2020-21. Artists with lived experience of mental ill-health are working closely with researchers to develop creative events and productions exploring thematics related to mental health.** ## _**In Training and Development**_ **Opportunities for training for volunteers, staff and Patrons were limited to online provision and groups. These were run in July and December 2020.. MFC contractors also accessed one to one support and supervision provided by Moving Pieces** ## **- An Ethnography of The Dragon Café** Josephine Bardi, PhD student at the School of Health Sciences, University of Nottingham, continued her study of The Dragon Café. Funded by the Economic and Social Research Council (ESRC), the research takes the form of a detailed ethnography that seeks to illuminate the ways in which The Dragon Café functions as an enmeshing of place, people and processes. Josephine completed her PhD in 2021. ## **FINANCIAL REVIEW** For the year ended 30 April 2021 incoming resources were £264k (2020: £274k) and resources expended were £223k (2020: £273k), resulting in a surplus for the year of £41k (2020: £1k). Total funds at 30 April 2021 were £197k (2020: £156k), of which £117k is held in restricted funds with £61k in unrestricted reserves and £19k as designated reserves. We continue to be funded mainly on an annual basis, although we also have some multi-year grants. Our current funders are: - Baring Foundation - Better Bankside - Borough, Bankside and Walworth Community Neighbourhood Funds - Charities Aid Foundation - City of London Corporation (2 years) - Good Neighbourhood Fund, My Lotto 24 - London Community Foundation (2 years) - Guys and St Thomas’ Charity - GVC Ladbrokes - London Community Foundation - Healthy London Partnership - Lloyds Bank Foundation( 3 years) - London Borough of Southwark 5 **Mental Fight Club Report of the trustees For the year ended 30 April 2021** ______________________________________________________________________ - London Borough of Hackney - London Community Response Fund - London Community Foundation - Maudsley Charity - Peabody Trust - London Community Foundation - People’s Postcode Lottery - Salway Fund - London Community Foundation - Southwark Clinical Commissioning Group - Southwark Community Christmas 2020 - United St Saviours - Surrey Dispensary - The Cicely Northcote Trust - The Fore - The Mercers’ Company(2 years) - The Tudor Trust (2 years) - The Wellcome Trust (2 years) - The Woodward Charitable Trust We thank our funders over the last year who have been so very supportive of our activities and flexibility in their funding to allow us to continue to provide our wellbeing activities online. ## **Going Concern Statement** The Trustees consider that the charity is likely to continue as a going concern for a period of at least 12 months from the date of which the financial statements are approved for the following reasons: - MFC holds unrestricted reserves of £60,560 which is 3 months’ running costs - MFC holds designated reserves of £19k ring fenced for MFC events - MFC has a cash balance of £227k (As at August 2021) The Trustees therefore consider it appropriate to adopt the going concern basis for the preparation of the accounts as detailed in note 1b to the financial statements. ## **Reserves policy** We continue to be a going concern as we secure and apply for funding required to sustain and grow Mental Fight Club’s activities in 2022/23. Our reserves policy is to have a minimum of 3 months running costs in unrestricted funds, which is £60k. Our unrestricted reserves currently are £61k. ## Mental Fight Club has a risk policy and assessments which are reviewed by the Trustees. The principal risks and uncertainties identified by the charity are: 6 ## **Mental Fight Club Report of the trustees For the year ended 30 April 2021** ______________________________________________________________________ |||| |---|---|---| |**Risk**|**Mitigating action**|**Controls in place**| |Covid-19’s Health
Impact: ongoing
risk to the health of
groups|Moving to a blended provision to mitigate
the risks to benefciaries’ and staff’s
physical health.
Adopting an abundance of caution
approach to risk.
Planning for uncertainty|Updated Safeguarding
policy including online
events
Ongoing monitoring of
government and public
health policy, rules and
regulations as the Covid
situation develops.| |Covid-19’s
Economic Impact:
very highly
competitive
fundraising
landscape|Keeping fnancial position and fundraising
approaches drawn out pre-Covid under
constant review.
Managing the charity’s ability to remain a
going concern.
Planning for uncertainty.|Fundraising strategy and
plan. Targeting a wide range
of potential funders for
Mental Fight Club,
including emergency and
non-emergency funding.| |Dependency on
small number of
staff|Increasing the number of staff and number
of volunteers|Monitor delivery, progress
and retention.| |Reputational Risk:
Conveying MF C’s
vision and values as
we return to a
blended service
provision|Devising new ways to communicate MFC’s
achievements in the face of continued
global unprecedented challenges.|Continued review of
websites and use of social
media.
Platform consolidation
taken place| ## **PLANS FOR FUTURE PERIODS** Covid-19 has had an impact on our future planning. We plan to continue with a blended provision with virtual and physical events until at least December 2021 for our projects. Depending on the situation, which at the time of writing continues to be unpredictable,this may continue beyond January 2022. The Trustees are considering safety first and foremost. As ever, and despite the disruption wrought by the pandemic, we will continue to strategically develop our core areas of work: 7 ## **Mental Fight Club Report of the trustees For the year ended 30 April 2021** ______________________________________________________________________ - ❏ Building on our three key projects’ success to refine and progress them yet further; - ❏ Enhancing our development and training - ❏ Building on current partnerships and growing MFC’s collaborative framework; and - ❏ Continuing to build relationships with local health and social care stakeholders to strategically shape mental health and wellbeing provision. ## **STATEMENT OF RESPONSIBILITIES OF THE TRUSTEES** The trustees are responsible for preparing the trustees' report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102: The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in England and Wales 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 charity and the incoming resources and application of resources, including the net income or expenditure, of the charity for the year. In preparing those 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 accounting estimates that are reasonable and prudent; - ❏ state whether applicable accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained in the financial statements; and - ❏ 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 which disclose with reasonable accuracy at any time the financial position of the charity and which enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the constitution. The trustees are also responsible for safeguarding the assets of the charity 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 charity's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. 8 **Mental Fight Club Report of the trustees** ## **For the year ended 30 April 2021** ______________________________________________________________________ ## **Independent examiners** Godfrey Wilson Limited were re-appointed as independent examiners to the charity during the year and have expressed their willingness to continue in that capacity. Approved by the trustees on 07 October 2021 and signed on their behalf by Grace Smith - Trustee 9 **Independent examiner's report To the trustees of Mental Fight Club** ______________________________________________________________________ I report to the trustees on my examination of the accounts of Mental Fight Club ( the CIO ) for the year ended 30 April 2021 , which are set out on pages 11 to 27 . ## **Responsibilities and basis of report** As the charity trustees of the CIO you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ( the Act ' ) . I report in respect of my examination of the CIO ' s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145 ( 5 ) ( b ) of the Act . ## **Independent examiner ' s statement** Since the CIO’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 Institute of Chartered Accountants in England and Wales (ICAEW), which is one of the listed bodies. I have completed my examination . I confirm that no material 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 CIO as required by section 130 of the Act ; or - 2) the accounts do not accord with those records ; or - 3) the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities _(_ Accounts and Reports ) Regulations 2008 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 . 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 . **Rob Wilson FCA Member of the ICAEW** For and on behalf of: **Godfrey Wilson Limited** Chartered accountants and statutory auditors 5th Floor Mariner House 62 Prince Street Bristol BS1 4QD Date : 07 October 2021 10 ## **Mental Fight Club Statement of financial activities For the year ended 30 April 2021** ______________________________________________________________________ |||||| |---|---|---|---|---| |**Unrestricted**
**Funds**||**Restricted**
**Funds**|**Total Funds**
**2021**|**Total Funds**
**2020**| |**Notes**|£|£|£|£| |**Income from :**
Dona�ons and legacies
3
73||0|73|5,044| |Charitable activities
4
37,000||225,773|262,773|252,810| |Other trading activities
5
400||0|400|15,648| |Investments income
306
**Total Income**
**37,779**||0
**225,773**|306
**263,552**|588
**274,090**| |**Expenditure on:**
Raising funds
4,055|||4,055|10,999| |Charitable ac�vi�es
14,052
**Total Expenditure**
**7**
**18,107**||204,841
**204,841**|218,893
**222,948**|262,109
**273,108**| |**Net Income/ (expenditure)**
**19,672**||**20,932**|**40,604**|**982**| |**Transfer between funds**
0
0
0
0
**Net Movement in funds**
**19,672**
**20,932**
**40,604**
**982**||||| |**Reconciliation of funds:**||||| |Funds brought forward
60,716||96,038|156,754|155,772| |**Funds carried forward**
**80,388**||**116,970**|**197,358**|**156,754**| All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. Movements in funds are disclosed in Note 16 to the accounts. 11 **Mental Fight Club Balance sheet As at 30 April 2021** ______________________________________________________________________ |**2021**|**2021**|**2021**||**2020**| |---|---|---|---|---| |Notes
**£**||**£**|**£**|**£**| |**FIXED ASSETS**
Tangible fxed assets
11
0||||0| |**CURRENT ASSETS**
Debtors
12
10,000|||1,373|| |Cash at bank and in hand:
203,243|||181,352|| |Total current assets
213,243|||182,725|| |CREDITORS: amounts falling due
within one year
13
(15,885)|||(25,971)|| |**NET CURRENT ASSETS**
197,358||||156,754| |**NET ASSETS TOTALS**
15
197,358||||156,754| |**THE FUNDS OF THE CHARITY**
16||||| |Restricted funds
116,970||||96,038| |Unrestricted funds
Designated fund||19,000||0| |General fund||61,388||60,716| |**TOTAL CHARITY FUNDS**
**197,358**||||**156,754**| Approved by the trustees on 07 October 2021 and signed on their behalf by Grace Smith - Trustee 12 **Mental Fight Club Notes to the financial statements For the year ended 30 April 2021** ## ______________________________________________________________________ ## **1. Accounting policies 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 in preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). Mental Fight Club meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes. ## **b) Going concern basis of accounting** The accounts have been prepared on the assumption that the charity is able to continue as a going concern, which the trustees consider appropriate having regard to the current level of unrestricted reserves. There are no material uncertainties about the charity's ability to continue as a going concern. ## **c) Income** Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the items of income have been met, it is probable that the income will be received and the amount can be measured reliably. Income from the 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. Income received in advance of provision of contractual services is deferred until criteria for income recognition are met. Income from the sale of goods and services is recognised when the risks and rewards of ownership have transferred. ## **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 the economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), general volunteer time is not recognised. 13 **Mental Fight Club Notes to the financial statements For the year ended 30 April 2021** ## ______________________________________________________________________ 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. ## **f) Funds accounting** Unrestricted funds are available to spend on activities that further any of the purposes of the 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. Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred. ## **h) Allocation of support costs** Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. These costs have been allocated between cost of raising funds and expenditure on charitable activities on the following basis: Raising funds 8.9% Charitable activities 91.1% ## **i) Tangible fixed assets** Depreciation is provided at rates calculated to write down the cost of each asset to its estimated residual value over its expected useful life. The depreciation rates in use are as follows: Furniture and equipment 4 years straight line Items of equipment are capitalised where the purchase price exceeds £500. 14 **Mental Fight Club Notes to the financial statements For the year ended 30 April 2021** ______________________________________________________________________ ## **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** 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) Financial instruments** The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently recognised at amortised cost using the effective interest method. ## **n) Accounting estimates and key judgements** In the application of the charity's accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. The key sources of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements are depreciation as described in note 1i) above. 15 ## **Mental Fight Club Notes to the financial statements For the year ended 30 April 2021** ______________________________________________________________________ |**2**|**Prior year SOFA Comparison**|||| |---|---|---|---|---| |||**Unrestricted**|**Restricted**|**Total Funds**| |||**Funds**|**Funds**|**2020**| |||£|£|£| ||Income from :|||| ||Dona�ons and legacies
5,044||0|5,044| ||Charitable ac�vi�es
26,500||226,310|252,810| ||Other trading ac�vi�es
15,648||0|15,648| ||Investments
588||0|588| ||Total Income
**47,780**||**226,310**|**274,090**| ||Expenditure on:|||| ||Raising funds
10,999||0|10,999| ||Charitable ac�vi�es
47,205||214,904|262,109| ||Total Expenditure
**58,204**||**214,904**|**273,108**| ||Net Income for the year
**(10,424)**||**11,406**|**982**| ||Transfer between funds
0||0|0| ||Net Movement in funds
**(10,424)**||**11,406**|**982**| ||Reconcilia�on of funds:|||| ||Funds brought forward
71,140||84,632|155,772| |||||| ||Funds carried forward|**60,716**|**96,038**|**156,754**| 16 ## **Mental Fight Club Notes to the financial statements For the year ended 30 April 2021** ______________________________________________________________________ ## **3 Income from donation and legacies** |**3 Income from donation and legacies**||||| |---|---|---|---|---| ||**Unrestricted**|**Restricted**|**2021**|**2020**| ||**funds**|**funds**|**Total**|**Total**| |**£**||**£**|**£**|**£**| |Donations and gifts
73||0|73|3,626| |Gifts in Kind|0|0||1,418| |**Total from donations and legacies**
**73**||**0**|**73**|**5,044**| All income from donations and legacies in 2020 was unrestricted. ## **4 Income from charitable activities** |**4 Income from charitable activities**|||| |---|---|---|---| ||**Unrestricted**|**Restricted**|**2021**| ||**funds**|**funds**|**Total**| |**£**||**£**|**£**| |**_Grants and service level agreements_**
Baring Foundation
12,000
0
12,000|||| |Better Bankside Business District
0||500|500| |Borough, Bankside and Walworth Community|||| |Neighbourhood Funds
0||3,763|3,763| |Charities Aid Foundation
0||4,606|4,606| |Cicely Northcote
0||3,000|3,000| |City of London Corporation
0||40,000|40,000| |Guys and St Thomas' Charity
0||22,524|22,524| |London Funders
0||30,468|30,468| |Lloyds Foundation
0||29,767|29,767| |Maudsley Charity
0||2,559|2,559| |PostCode Lottery
0||15,600|15,600| |Salway Fund - London Community Foundation
5,000||0|5,000| |Southwark Council
0||9,250|9,250| |Southwark NHS CCG
20,000||0|20,000| |Southwark Healthy London Art Fund
0||5,280|5,280| |Southwark Mayor's Fund
0||1,300|1,300| |Surrey Dispensary Fund
0||9,450|9,450| |The Fore
0||3,500|3,500| |The Wellcome Trust
0||43,206|43,206| |Woodward Trust
0||1,000|1,000| |**Total from charitable activities**
**37,000**||**225,773**|**262,773**| 17 ## **Mental Fight Club Notes to the financial statements For the year ended 30 April 2021** ______________________________________________________________________ ||**Unrestricted**|**Restricte**|**2020**| |---|---|---|---| |**Prior year comparative**|**funds**|**d funds**|**Total**| |**£**||**£**|**£**| |**_Grants and service level agreements_**
29th May 1961 Charitable Trust
3,000
0
3,000|||| |BMA Giving
0||5,000|5,000| |Borough, Bankside and Walworth Community|||| |Neighbourhood Funds
0||9,500|9,500| |City of London Corporation
0||40,000|40,000| |GVC Ladbrokes -London Community Foundation
0||10,000|10,000| |London Borough Hackney
0||19,807|19,807| |Lloyds Foundation
0||29,767|29,767| |Good Neighbourhood Fund - London Community
0||10,000|10,000| |Maudsley Charity
0||2,216|2,216| |Merchant Taylors' Company
0||9,500|9,500| |The Mercers' Company
0||19,770|19,770| |Salway Fund - London Community Foundation
3,500||0|3,500| |Southwark Council
0||12,275|12,275| |Southwark NHS CCG
20,000||0|20,000| |Wakefeld and Tetley Trust
0||4,465|4,465| |The Wellcome Trust
0||54,010|54,010| |**Total from charitable activities**
**26,500**||**226,310**|**252,810**| **5 Income from other trading activities** |**Income from other trading activities**||||| |---|---|---|---|---| ||**Unrestricted**|**Restricted**|**2021**|**2020**| ||**funds**|**funds**|**Total**|**Total**| ||**£**|**£**|**£**|**£**| |Dragon Café food and drink sales
0||0|0|13,469| |New creative business streams
400||0|400|2,179| |**Total from other trading activities**
**400**||**0**|**400**|**15,648**| All income from donations and legacies in 2020 was unrestricted. 18 **Mental Fight Club Notes to the financial statements For the year ended 30 April 2021** ______________________________________________________________________ ## **6. Government grants** The charitable company receives government grants, defined as funding from local authorities (Southwark Council), to fund charitable activities. The total value of such grants in the period ending 30 April 2021 was £10,550 (2020: £32,082). There are no unfulfilled conditions or contingencies attaching to these grants. ## **7 Total expenditure** |**Total expenditure**||||| |---|---|---|---|---| ||||**Support and**|| ||**Raising**|**Charitable**|**governance**|**2021**| ||**funds**|**activities**|**costs**|**Total**| ||**£**|**£**|**£**|**£**| |Programming and project - freelance
0||43,366|10,500|53,866| |Creative team - freelance
0||28,043|0|28,043| |Business developments
0||73,724|0|73,724| |Activity costs
0||23,452|0|23,452| |Dragon Café ingredients
0||0|0|0| |Rent
0||3,470|237|3,707| |Accountancy
0||0|9,597|9,597| |Volunteer expenses and training
0||8,426|0|8,426| |Transport
0||365|0|365| |Administration
3,662||13,178|25|16,865| |Finance
0||0|1,200|1,200| |Equipment and materials
0||1,857|0|1,857| |Marketing
0||1,818|28|1,846| ||3,662|197,699|21,587|222,948| |Allocation of support costs
393||21,194|(21,587)|0| |**Total expenditure**
**4,055**||**218,893**|**0**|**222,948**| 19 ## **Mental Fight Club Notes to the financial statements For the year ended 30 April 2021** ______________________________________________________________________ |||||| |---|---|---|---|---| ||||**Support and**|| ||**Raising**|**Charitable**|**governance**|**2020**| |**Prior year comparative**|**funds**|**activities**|**costs**|**Total**| |**£**||**£**|**£**|**£**| |Programming and project - freelance
0
21,280
0
21,280||||| |Creative team - freelance
0||75,487|0|75,487| |Business developments
0||95,572|0|95,572| |Activity costs
0||21,777|0|21,777| |Dragon Café ingredients
7,132||0|0|7,132| |Rent
0||19,128|0|19,128| |Accountancy
0||0|1,044|1,044| |Volunteer expenses and training
0||10,040|0|10,040| |Transport
0||0|0|0| |Administration
3,326||0|4,280|7,606| |Finance
0||0|5,095|5,095| |Equipment and materials
0||4,038|0|4,038| |Marketing
0||1,909|3,000|4,909| |10,458||249,231|13,419|273,108| |Allocation of support costs
541
12,878
(13,419)
0||||| |**Total expenditure**
**10,999**||**262,109**|**0**|**273,108**| |**8 Net movement in funds**
This is stated after charging:
**2021**
**2020**||||| |**£**||||**£**| |Trustees' reimburse expenses
227||||730| |Independent examination fee
1,200||||1,200| |1,427||||1,930| 20 **Mental Fight Club Notes to the financial statements For the year ended 30 April 2021** ______________________________________________________________________ ## **9 Staff costs and numbers** No employee received remunera�on amoun�ng to more than £60,000 in either year. The key management personnel of the charity comprise the Trustees. The total employee benefits of the key management personnel were £nil (2019: £nil). ## **10 Taxation** The charity is exempt from corpora�on tax as all its income is charitable and is applied for charitable purposes. ## **9 TANGIBLE FIXED ASSETS** |**TANGIBLE FIXED ASSETS**|| |---|---| ||**Offce**| ||**Equipment**| ||**£**| |Cost|| |At 1 May 2020 and at 30 April 2021
4,063|| |Depreciation|| |At 1 May 2020 and at 30 April 2021
4,063|| |Net book value|| |At 30 April 2021
0|| ||| |At 30 April 2020
0|| ## **12 Debtors** |**Debtors**|**Debtors**|**Debtors**|| |---|---|---|---| |**2021**|||**2020**| |||**£**|**£**| |Trade debtors|
0||| |Other debtors|
10,000||1,373| |**10,000**|||**1,373**| 21 ## **Mental Fight Club Notes to the financial statements For the year ended 30 April 2021** ______________________________________________________________________ ## **13 Creditors: amounts falling** |**Creditors: amounts falling**|**Creditors: amounts falling**|||| |---|---|---|---|---| |**2021**|||**2020**|| ||**£**||**£**|| |Trade creditors
14,547|||24,927|| |Accruals
1,338|||1,044|| |Deferred income (see note 14)
0|||0|| ||**15,885**||**25,971**|| |**Deferred income**||||| |**2021**|||**2020**|| ||**£**||**£**|| |At 1 May 2020||||| |Deferred during the year
0|||0|| |Released during the year||||| ## **14 Deferred income** ## **At 30 April 2021** **0 0** ## **15 Analysis of net assets between funds** |**Analysis of net assets between funds**||||| |---|---|---|---|---| ||**Unrestricted**
**General**|**Unrestricted**
**Designated**|**Restricted**|**2021 Total**| ||**£**|**£**|**£**|**£**| |Fixed assets
0||0|0|0| |Current assets
77,273||19,000|116,970|213,243| |Current liabilities
(15,885)||0|0|(15,885)| |Net assets at 30 April 2020
**61,388**||**19,000**|**116,970**|**197,358**| ||**Unrestricted**
**General**|**Unrestricted**
**Designated**|**Restricted**|**2020 Total**| ||**£**|**£**|**£**|**£**| |Fixed assets
0||0|0|0| |Current assets
86,687||0|96,038|182,725| |Current liabilities
(25,971)||0|0|(25,971)| |Net assets at 30 April 2019
**60,716**||**0**|**96,038**|**156,754**| 22 ## **Mental Fight Club Notes to the financial statements For the year ended 30 April 2021** ______________________________________________________________________ |**16**|**Movements in funds**|||||| |---|---|---|---|---|---|---| |**At 1 May**
**2020**|||Income|Expenditure|Funds
transfer|**At 30**
**April 2021**| |£|||£|£|**£**|£| |**Unrestricted Funds**
Designated funds
0|||0|0|19,000|19,000| |General funds
60,716
Total unrestricted funds
60,716|||37,779
37,779|(18,107)
(18,107)|(19,000)
0|61,388
61,388| |**Restricted Funds**
Be�er Bankside
0|||500|(128)|0|372| |Borough, Bankside and Walworth
Community Neighbourhood Funds
4,300|||3,763|(8,063)|0|0| |Chari�es Aid Founda�on
0|||4,606|(4,606)|0|0| |City of London Corpora�on
2,903|||40,000|(32,230)|0|10,673| |Good Neighbourhood Fund - London
Community Founda�on
2,727|||0|(2,727)|0|0| |Guy's and St Thomas' Charity
13,548|||22,524|(36,072)|0|0| |GVC Ladbrokes -London Community
Founda�on
9,450|||0|(8,529)|0|921| |Healthy London Partnership
0|||5,280|(5,280)|0|0| |Lloyds Bank Founda�on||0|29,767|(29,767)|0|0| |London Borough of Hackney
5,451|||0|(761)|0|4,690| |London Borough of Southwark
0|||9,250|(9,250)|0|0| |London Community Response Fund -
London Community Founda�on
0|||30,468|(20,468)|0|10,000| |Maudsley Charity
1,216|||2,559|(2,559)|0|1,216| |Peabody Trust - London Community
Founda�on
1,178|||0|(1,178)|0|0| |People's Postcode Lo�ery
0|||15,600|0|0|15,600| |Southwark Community Christmas 2020
0|||1,300|(1,300)|0|0| |Surrey Dispensary
0|||9,450|(9,450)|0|0| |The Cicely Northcote Trust
0|||3,000|0|0|3,000| |The Fore||0|3,500|(3,500)|0|0| |The Mercers' Company
5,392|||0|(5,392)|0|0| |The Tudor Trust
3,000|||0|(3,000)|0|0| |The Wellcome Trust
46,873|||43,206|(19,581)|0|70,498| |The Woodland Trust
0
1,000
(1,000)
0
0
Total restricted Fund
96,038 225,773
(204,841)
0
116,970||||||| 23 **Mental Fight Club Notes to the financial statements** ## **For the year ended 30 April 2021** ______________________________________________________________________ Total funds **156,754 263,552 (222,948) 0 178,358** ## **Purposes of restricted funds** |**urposes of restricted funds**|**urposes of restricted funds**| |---|---| |Better Bankside
Digital Poverty|| |Borough, Bankside and|Song writing and singing Southwark Rebel Woman| |Walworth Community|| |Neighbourhood Funds|| |Charities Aid Foundation
Supporting core costs of The Dragon Café|| |City of London|Running the Dragon Café in the City in Shoe Lane Library| |Corporation|| |Good Neighbourhood|Well being activities at The Dragon Café| |Fund - London Community|| |Foundation|| |Guy's and St Thomas'|Recreate Psychiatry Project| |Charity|| |GVC Ladbrokes -London|Wellbeing Events for| |Community Foundation|Men| |Healthy London|Arts and mental health| |Partnership|| |Lloyds Bank Foundation
Supporting sustainability of Mental Fight Club and|| ||Recreate Psychiatry| |London Borough of|Supporting Wellbeing in Small businesses in the| |Hackney|City of London| |London Borough of|The Dragon Café| |Southwark|| |London Community|Virtual Dragon Café Activities| |Response Fund - London|| |Community Foundation|| |Maudsley Charity
Training and wellbeing activities at The Dragon Café|| 24 **Mental Fight Club Notes to the financial statements For the year ended 30 April 2021** ______________________________________________________________________ |Peabody Trust- London|Pop up wellbeing Activities for Peabody Residents| |---|---| |Community Foundation|| |People's Postcode Lottery Wellbeing events in the City of London - 2021/22|| |Southwark Community|The Dragon Café activities over Christmas period| |Christmas 2020|2020| |Surrey Dispensary
Virtual Dragon Café activities|| |The Cicely Northcote|Virtual Dragon Café activities 2021/22| |Trust|| |The Fore
Training and Policies|| ||Update| |The Mercers' Company
Well being activities at The Dragon Café|| |The Tudor Trust
ReCreate Psychiatry Project|| |The Wellcome Trust
Create, Relate, Integrate - Lived Experience and Researchers|| ||working together| |The Woodward Charitable|Supporting volunteers| |Trust|| **Purposes of designated funds:** Designated funds of £19k ring fenced for MFC events. 25 ## **Mental Fight Club Notes to the financial statements For the year ended 30 April 2021** ||||||
| |---|---|---|---|---|---| |____________________________|________|________|__________|________|________| |**Prior year comparative**
**At 1 May**
**2019**||**Income**|**Expenditure**|**Funds**
**transfer**|**At 30 April**
**2020**| |**£**||**£**|**£**||**£**| |**Unrestricted Funds**
General funds
71,140||47,780|(58,204)|0|60,716| |Total unrestricted funds
71,140||47,780|(58,204)|0|60,716| |**Restricted Funds**
Awards for All
2,727||0|(2,727)|0|0| |BMA Giving
0||5,000|(5,000)|0|0| |Borough, Bankside and Walworth
Community Neighbourhood Funds
0||9,500|(5,200)|0|4,300| |Canterbury Christchurch
3,284||0|(3,284)|0|0| |City of London Corporation
0||40,000|(37,097)|0|2,903| |Garfeld Weston
15,000||0|(15,000)|0|0| |Good Neighbourhood Fund -
London Community Foundation
2,727||10,000|(10,000)|0|2,727| |Guy's and St Thomas' Charity
25,077||0|(11,529)|0|13,548| |GVC Ladbrokes -London
Community Foundation
0||10,000|(550)|0|9,450| |London Borough of Hackney
0||19,807|(14,356)|0|5,451| |Lloyds Bank Foundation
0||29,767|(29,767)|0|0| |Maudsley Charity
0||2,216|(1,000)|0|1,216| |Merchant Taylors' Company
0||9,500|(9,500)|0|0| |The Mercers' Company
5,392||19,770|(19,770)|0|5,392| |Peabody Trust - London Community
Foundation
10,000||0|(8,822)|0|1,178| |London Borough of Southwark
0||12,275|(12,275)|0|0| |Tesco Bags of Help
1,000||0|(1,000)|0|0| |Wakefeld and Tetley
0||4,465|(4,465)|0|0| |The Tudor Trust
19,425||0|(16,425)|0|3,000| |The Wellcome Trust
0||54,010|(7,137)|0|46,873| |Total restricted Fund
84,632||226,310|(214,904)|0|96,038| ||||||| |**Total funds**
**155,772**||**274,090**|**(273,108)**|**0**|**156,754**| 26 **Mental Fight Club Notes to the financial statements For the year ended 30 April 2021** ______________________________________________________________________ ## **17. Related party transactions** There were no related party transactions during the current or prior reporting period. ||| |---|---| |**12 Financial instruments**
**2021**|**2020**| |**£**|**£**| |Financial assets measured at amor�sed cost
214,520|182,725| |Financial liabili�es measured at amor�sed cost
(19,483)
**195,037**|(25,971)
**156,754**| Financial assets measured at amortised cost comprise cash and cash equivalents, trade debtors, accrued income and other debtors. Financial liabilities measured at amortised cost comprise trade creditors, accruals, deferred income and other creditors 27