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2023-04-30-accounts

Charity no. 1158926

Mental Fight Club Report and Unaudited Financial Statements 30 April 2023

Mental Fight Club Reference and administrative details For the year ended 30 April 2023

Charity number 1158926 Registered office CAN Mezzanine 7 - 14 Great Dover Street London SE1 4YR Trustees Martin Ball Lamis Bayar 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 Godfrey Wilson Limited examiner 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 2023

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 2019).

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. During 2022/23 period, MFC’s four trustees were Lamis Bayar (Chair), Grace Smith (Treasurer), Martin Ball and Elinor Wyn Hynes.

Our Annual General Meeting was held online on 14th March 2023.

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 2023

ACHIEVEMENTS AND PERFORMANCE

We have continued to provide high quality services every week on Mondays at the Dragon Café and every other Wednesday at Dragon Café in the City throughout the year during the uncertain financial climate and cost of living crisis. Thank you to all the funders who have supported our beneficiaries during this period.

Thanks to the work of many people and the support of our partners we have continued to provide excellent support to our Patrons. That continuity of connection is significant in itself. Yet, we have offered new activities and developed new ways to support people, as well as established new relationships that strengthen and enhance our work. We delivered across the year over 90 pop up, creative and inclusive Mental Fight Club events, including over 325 workshops, involving 6,000 plus creative interactions.

Regular activities and events such as the Dragon Café Singers, Dance and Share-works, selfmassage and yoga were joined by practitioners new to us and while old favourites such as mindfulness, theatre groups and workshops, cartoons, animations, Pilates, walking and drawing, art classes, paper art and work- life balance classes to name just a few, continued.

We ended the last financial year with an extensive evaluation from The Social Innovation Partnership (TSIP) who we engaged with in order to give us feedback on our practice and as an organisation. This included workshops as part of the process with Professor Angie Smith as well as the first public performance of our animation and song project “Our Journey” with singer Vivien Ellis, film-maker Mark Elliott and composer Glenn Keiles.

Spring and summer saw us developing new relationships and events such as Laughter Therapy at DCC together with a series of craft, model and animation events. We formed a relationship with the City Of London Sinfonia and were able to offer our patrons free tickets to their events. We teamed up with the amazing Strangeface Theatre Company and creative director and practitioner Russell Dean.

We formed a partnership with Southwark Wellbeing Hub in order to give patrons v aluable advice and signposting for help and assistance with a wide range of issues such as transport, benefits, welfare rights and accessing mental health services. We also invited City of London and Hackney Public Health Team to give a talk on suicide prevention.

Once again in July, we were delighted to host our now regular summer picnic in Brockwell Park. It was so good to see everyone together in a physical space again and everyone who attended really enjoyed the event with the Dragon Café singers and dancing.

Following our regular August break we embarked again on a series of special “Mental Fight Club Presents” activities and events. In September we were to be found at the National Musicians Church – The Holy Sepulchre in Holborn. We enjoyed a ballad walk, a session of wonderful medieval chanting and a concert of medieval music with the whole day also supported by an

3

Mental Fight Club Report of the trustees For the year ended 30 April 2023

artist and an ongoing drawing and sound workshop.

October was also very busy with us celebrating Black History Month with a concert led by one of our talented patrons Helen together with journalist and poet who led a writing session. October also saw the 10[th] anniversary celebration of the Dragon Cafe. Vivien led the DC singers in a work of their own making, celebrating 10 wonderful years of the Dragon Café. We celebrated at Draper Hall and it was lovely to see so many faces, old and new, celebrating, singing and dancing with a celebratory lunch and birthday cake.

We successfully secured extra funding from the Inspiring Elephant Community Fund and started the first of a regular series of “warm hubs” as a response to the cost of living crisis. We were able to provide a regular space where people could be warm and enjoy a hot drink and food together with our regular activities. We managed to extend the warm hub offer throughout the winter months and into Spring 2023.

December saw another MFC Presents event – the 2[nd] Singing In Churches held across 2 churches, St James Garlickhythe and the church attended by the famous Dick Whittington, 3 times Mayor of London – St Michael Paternoster. We not only enjoyed another ballad walk centred on Dick Whittington, but also Renaissance dancing led by Ariella and Renzo together with chanting and a concert. We welcomed BBC Radio 3 to the space to record an episode of “Between The Ears” The Sounds Of Mental Health. This was a great success and the episode was aired in the spring – May 2023.

We were welcomed by our good friends at the Marylebone Community Theatre (formerly Rudolph Steiner House) in February where we held a filmed screenplay of the amazing Jason Brownlee’s live show “Tonight I Killed My First Bird”. This hard hitting and uncompromising piece of work that has toured in various venues including the Edinburgh Fringe, was followed by a workshop and discussion piece facilitated by Lee Hart and Mental Fight Club - Neil Coles.

In March Russell Dean returned to give a day long puppetry and mask performance, workshop and Q & A session at St Johns Church Waterloo. Later that month we again teamed up with the Marylebone Project, run by Church Army which is the largest female only Homeless Project in the country. This is the second time we have worked together with photographer Melissa Dowling and it was wonderful to see the women exhibit their work at the Hyatt Hotel. We later joined with our friends at the Museum of the Home to again exhibit the work and also hold creative workshops and discussions centered around Homelessness, Mental Health and Domestic Violence.

The final MFC Presents event for 2022/23 was held at Shoe Lane Library in April with award winning artist Eloise Hawser. The event was called “Information Is Close At Hand” and centered on Fleet Street and the newspaper industry with a history of the area and the buildings centered around a ballad walk and a discussion with one of the old time newspaper vendors who were such an iconic presence in the area. Eloise also led a printing workshop “Hot Metal” which was followed by a Q&A and discussion.

4

Mental Fight Club Report of the trustees For the year ended 30 April 2023

We continue our work thanks to the hard work and dedication of the Staff Team and Trustees as well as those organisations whose funding makes this all possible. We have expanded our offer to include regular and popular poetry and model making sessions, informative discussion and historical pieces. Our creative writing classes are one of the best attended in Southwark with a regular number of participants in excess of 25 people.

During the year, the film “Bound, Unbound, Boundless” and animation “Our Journey” made in lockdown were shown at a number of film festivals and were nominated for awards. This increased our beneficiaries confidence and pride in what their artistic co - created productions completed during a very challenging period of all our lives in lockdown.

All of our events continue to be free and open to all with no referral criteria necessary.

Feedback from our attendees who are overwhelmingly positive:-

“I don’t know what I would have done without Mental Fight Club, it’s been a literal lifeline for me”

“Mental Fight Club has been a great conduit for me to access other services and find out what is available without having to bother the doctor”

“Creative outlets for me have been brilliant for my mental health”

“I find that some of the activities actually alleviate some of the symptoms I experience as part of my mental health. I come out feeling a huge relief that I get a bit of relief from my symptoms and can make it through the week”

“It’s given me a sense of purpose, yes, I use it as a purposeful activity, to negotiate travel plans, trains, being out when it’s dark which is scary for me but MFC events helps me to negotiate these things”.

“I have trouble planning for food for myself and knowing that there is free food available at the Dragon Café is a huge thing, it’s something I don’t have to worry about”

FINANCIAL REVIEW

For the year ended 30 April 2023 incoming resources were £188k (2022: £179k) and resources expended were £184k (2022: £241k), resulting in a surplus for the year of £4k (2022: deficit £61k). Total funds at 30 April 2023 were £139k (2022: £136k), of which £50k is held in restricted funds with £73k in unrestricted reserves and £16k as designated reserves. There was a planned deficit in the prior year as it was the result of using restricted funding received in previous years to complete projects with the majority relating to the Wellcome Trust funded project “Create, Relate and Integrate”.

We continue to be funded mainly on an annual basis, although we also have some multi-year grants. Our current funders are:

5

Mental Fight Club Report of the trustees For the year ended 30 April 2023

We want to express our thanks and gratitude to our funders which reflect a broad base of our grants and donors over the last year who have been so very supportive of our activities and providing flexibility in their funding. This has allowed us to continue to provide our wellbeing activities returning to more in person events.

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:

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.

6

Mental Fight Club Report of the trustees For the year ended 30 April 2023

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 2023/24. Our reserves policy is to have a minimum of 3 months running costs in unrestricted funds, which is £60k. Our unrestricted reserves currently are £73k – which is 3.5 months running costs.

Risks

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:

Risk Mitigating action Controls in place
Increase Demand for
services as a result
of COVID
Impact: ongoing risk
as more people
experiencing mental
ill health		 Providing a blended provision
to maximise take up for
beneficiaries’.
Location of Dragon Cafe
reviewed regularly to maximize
space for increasing number of
attendees		 Updated Safeguarding policy
including online events
Economic Impact:
very highly
competitive
fundraising
landscape		 Keeping financial position and
fundraising approaches drawn
under constant review.
Managing the charity’s ability to
remain a going concern.
Planning for uncertainty.		 Fundraising strategy and plan is in
place. Targeting a wide range of
potential funders for
Mental Fight Club increasing
diversity of funding.
Dependency on small
number of staff		 Increasing the number of staff
and number of volunteers		 Monitor delivery, progress and
retention.

7

Mental Fight Club Report of the trustees For the year ended 30 April 2023

Reputational Risk: Devising new ways to Platform consolidation taken place Conveying MFC’s communicate MFC’s vision and values achievements in the face of continued global unprecedented challenges.

PLANS FOR FUTURE PERIODS

We have managed to improve our events to have more celebratory days once every three months and to further evolve our work. We have increased our physical events - they are now in the majority with only one online event per month. We are also providing hybrid in person and online access.

As ever, and despite the concerns of the future cost of living increases we will continue to strategically develop our core areas of work:

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:

8

Mental Fight Club Report of the trustees For the year ended 30 April 2023

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.

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 27 November 2023 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 2023, which are set out on pages 11 to 25.

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

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:

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: 27 November 2023

10

Mental Fight Club Statement of financial activities For the year ended 30 April 2023

Unrestricted Restricted Total Funds Total Funds
Funds Funds 2023 2022
Notes £ £ £ £
Income from :
Donations and legacies 3 6,771 - 6,771 1,306
Charitable activities 4 30,749 142,985 173,734 177,564
Other trading activities 5 6,527 - 6,527 -
Investments income 1,228 - 1,228 309
Total Income 45,275 142,985 188,260 179,179
Expenditure on:
Raising funds 11,851 - 11,851 1,591
Charitable activities 34,024 138,635 172,659 239,277
Total Expenditure 7 45,875 138,635 184,510 240,868
Net Income/ (expenditure) (600) 4,350 3,750 (61,689)
Transfer between funds - - - -
Net Movement in funds (600) 4,350 3,750 (61,689)
Reconciliation of funds:
Funds brought forward 89,956 45,713 135,669 197,358
Funds carried forward 89,356 50,063 139,419 135,669

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 13 to the accounts.

11

Mental Fight Club Balance sheet As at 30 April 2023

Notes
CURRENT ASSETS
Cash at bank and in hand:
Total current assets
CREDITORS: amounts falling due
within one year
11
NET CURRENT ASSETS
NET ASSETS TOTALS
12
THE FUNDS OF THE CHARITY
13
Restricted funds
Unrestricted funds:
Designated funds
General funds
TOTAL CHARITY FUNDS		 £
156,377		 2023
£
£

155,899

155,899

(20,230)
139,419

139,419

50,063
16,500
72,856
139,419
 2023
£
£

155,899

155,899

(20,230)
139,419

139,419

50,063
16,500
72,856
139,419
 2022
£



135,669
156,377
(16,958)		 155,899
(20,230)






139,419 135,669
50,063
16,500
72,856		 45,713
19,000
70,956
139,419 135,669

Approved by the trustees on 27 November 2023 and signed on their behalf by

Grace Smith - Trustee

12

Mental Fight Club Notes to the financial statements For the year ended 30 April 2023

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 2019) - (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 2023

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 6.4% Charitable activities 93.6%

i) 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.

14

Mental Fight Club Notes to the financial statements For the year ended 30 April 2023

j) 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.

k) 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.

l) 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.

There are no key sources of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements.

15

Mental Fight Club Notes to the financial statements For the year ended 30 April 2023

2 Prior year SOFA Comparison
Income from :
Donations and legacies
Charitable activities income
Other trading activities
Investments
Total Income
Expenditure on:
Raising funds
Charitable activities
Total Expenditure
Net Income / (expenditure)
Transfer between funds
Net Movement in funds
Reconciliation of funds:
Funds brought forward
Funds carried forward		 Unrestricted
Funds
Restricted
Funds
Total Funds
2022
£
£
£
1,306
-
1,306
25,402
152,162
177,564
-
-
-
309
-
309
27,017
152,162
179,179
1,591
-
1,591
15,858
223,419
239,277
17,449
223,419
240,868
9,568
(71,257)
(61,689)
-
-
-
9,568
(71,257)
(61,689)
80,388
116,970
197,358
89,956
45,713
135,669

16

Mental Fight Club Notes to the financial statements For the year ended 30 April 2023

3 Income from donation and legacies

Income from donation and legacies
Donations and gifts
Gifts in Kind
Total from donations and legacies		 Unrestricted
funds
Restricted
funds
2023
Total
2022
Total
£
£
£
£
6,271
-
6,271
1,306
500
-
500
-
6,771
-
6,771
1,306

All income from donations and legacies in 2022 was unrestricted.

4 Income from charitable activities

Grants and service level agreements
Borough, Bankside and Walworth
Community Neighbourhood Funds
City of London Corporation
Fleet Street Quarter
Lloyds Foundation
London Community Fund -London
Funders Cost of Living
Peoples’ Postcode Lottery
Francis Salway Endowment Fund -
London Community Foundation
Southwark Council
Southwark NHS Integrated Care
Services
St Andrew Holborn and Stafford’s
Charity
The Bridge at Waterloo with London
Catalyst
Surrey Dispensary Fund
The National Lottery - Mayor of London
Fund
United St Saviours
Wellcome Trust
Total from charitable activities		 Unrestricted
funds
Restricted
funds
2023
Total
£
£
£
-
5,000
5,000
-
24,791
24,791
-
2,850
2,850
-
32,094
32,094
-
10,000
10,000
-
24,548
24,548
10,000
-
10,000
-
13,500
13,500
20,749
-
20,749
-
4,800
4,800
-
3,000
3,000
-
8,100
8,100
-
1,500
1,500
-
2,000
2,000
-
10,802
10,802
30,749
142,985 173,734

17

Mental Fight Club Notes to the financial statements For the year ended 30 April 2023

Prior year comparative
Grants and service level agreements
Borough, Bankside and Walworth Community
Neighbourhood Funds
City of London Corporation
Lloyds Foundation
Salway Fund - London Community Foundation
Southwark Council
Southwark NHS CCG
Southwark Mayor's Fund Christmas Fund United
St Saviours
Surrey Dispensary Fund
The National Lottery Community Fund
Total from charitable activities
5 Income from other trading activities
New creative business streams
Total from other trading activities		 Unrestricted
funds
Restricted
funds
2022
Total
£
£
£
-
4,850
4,850
-
22,323
22,323
-
30,000
30,000
5,000
-
5,000
-
11,600
11,600
20,402
66,000
86,402
-
1,389
1,389
-
6,000
6,000
-
10,000
10,000
25,402
152,162 177,564
Unrestricted
funds
Restricted
funds
Total
2023
Total
2022
£
£
£
£
6,527
-
6,527
-
6,527
-
6,527
-		 Unrestricted
funds
Restricted
funds
2022
Total
£
£
£
-
4,850
4,850
-
22,323
22,323
-
30,000
30,000
5,000
-
5,000
-
11,600
11,600
20,402
66,000
86,402
-
1,389
1,389
-
6,000
6,000
-
10,000
10,000
25,402
152,162 177,564

All income from other trading activities in 2023 was unrestricted.

18

Mental Fight Club Notes to the financial statements For the year ended 30 April 2023

6 Government grants

The charity 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 2023 was £13,500 (2022: £11,600). There are no unfulfilled conditions or contingencies attaching to these grants.

7 Total expenditure

Programming and project - freelance
Creative team - freelance
Business developments
Activity costs
Dragon Café Refreshments
Rent
Accountancy
Volunteer expenses and training
Evaluation
Transport
Administration
Finance
Equipment and materials
Marketing
Allocation of support costs
Total expenditure		 Raising
funds
Charitable
activities
Support and
governance
costs
2023
Total
£
£
£
£
-
29,783
7,836
37,619
-
30,188
-
30,188
-
52,995
-
52,995
-
15,080
-
15,080
-
8,634
-
8,634
-
8,086
-
8,086
-
-
8,928
8,928
-
294
-
294
-
1,200
-
1,200
-
679
-
679
10,721
5,596
-
16,317
-
-
834
834
-
-
-
-
-
3,656
-
3,656
10,721
156,191
17,598
184,510
1,130
16,468
(17,598)
-
11,851
172,659
-
184,510

19

Mental Fight Club Notes to the financial statements For the year ended 30 April 2023

Prior year comparative
Programming and project - freelance
Creative team - freelance
Business developments
Activity costs
Dragon Café Refreshments
Rent
Accountancy
Volunteer expenses and training
Evaluation
Transport
Administration
Finance
Equipment and materials
Marketing
Allocation of support costs
Total expenditure		 Raising
funds
Charitable
activities
Support and
governance
costs
2022
Total
£
£
£
£
-
33,057
11,186
44,243
-
32,634
-
32,634
-
75,931
-
75,931
-
44,965
-
44,965
-
595
-
595
-
7,767
-
7,767
-
-
8,339
8,339
-
17
-
17
-
10,741
-
10,741
-
357
-
357
1,451
7,069
542
9,061
-
-
1,200
1,200
-
3,005
-
3,005
-
2,013
-
2,013
1,451
218,150
21,267
240,868
140
21,127
(21,267)
-
1,591
239,277
-
240,868

8 Net movement in funds

This is stated after charging:

Trustees' reimbursed expenses
Independent examination fee		 2023
2022
£
£
817
695
1,230
1,200
2,047
1,895

20

Mental Fight Club Notes to the financial statements For the year ended 30 April 2023

9 Staff costs and numbers

Salaries and wages
Social security costs
Pension cost (defined contribution scheme)
Freelance staff
Average head count in the year
Staff member
Freelancer		 2023
2022
£
£
53,128
43,704
38
-
2,059
1,311
43,148
47,140
98,373
92,155
2023
2022
£
£
2
2
1
1
3
3

No employee received remuneration amounting to more than £60,000 in either year.

The key management personnel of the charity comprise the Trustees and the Development Director. The total employee benefits of the key management personnel were £31,850 (2022: £47,160).

10 Taxation

The charity is exempt from corporation tax as all its income is charitable and is applied for charitable purposes.

11 Creditors: amounts falling due within one year

Trade creditors
Accruals		 2023
2022
£
£
15,734
19,030
1,224
1,200
16,958
20,230

21

Mental Fight Club Notes to the financial statements For the year ended 30 April 2023

12 Analysis of net assets between funds

Current assets
Current liabilities
Net assets at 30 April 2023		 Unrestricted
general
Unrestricted
designated Restricted
2023
Total
£
£
£
£
89,814
16,500
50,063
156,377
(16,958)
-
-
(16,958)
72,856
16,500
50,063
139,419
Current assets
Current liabilities
Net assets at 30 April 2022		 Unrestricted
general
Unrestricted
designated Restricted
2022
Total
£
£
£
£
91,186
19,000
45,713
155,899
(20,230)
-
-
(20,230)
70,956
19,000
45,713
135,669

22

Mental Fight Club Notes to the financial statements For the year ended 30 April 2023

13 Movements in funds
At 1 May
2022		 Income Expenditure At 30 April
2023
£ £ £
£
Unrestricted Funds
Designated Funds 19,000 - (2,500)
16,500
General Funds 70,956 45,275 (43,375)
72,856
Total Unrestricted Funds 89,956 45,275 (45,875)
89,356
Restricted Funds
Borough, Bankside and Walworth
Community Neighbourhood Funds		 - 5,000 (5,000)
-
City of London Corporation 16,023 24,791 (30,693)
10,121
Fleet Street Quarter - 2,850 (1,425)
1,425
London Borough of Hackney 4,690 - (4,690)
-
London Borough of Southwark - 13,500 (13,500)
-
London Community Response Fund -
London Community Foundation		 - 10,000 -
10,000
Lloyds Bank Foundation 15,000 32,094 (40,015)
7,079
People's Postcode Lottery - 24,548 (10,910)
13,638
St Andrew Holborn Group of Charities
(including Bromfield Educational - 4,800 -
4,800
Foundation)
London Catalyst Partnering with St Johns - 3,000 (1,500)
1,500
Surrey Dispensary - 8,100 (8,100)
-
The National Lottery Community Fund 10,000 1,500 (10,000)
1,500
The Wellcome Trust - 10,802 (10,802)
-
United St Saviours - 2,000 (2,000)
-
Total Restricted Funds 45,713 142,985 (138,635)
50,063
Total Funds 135,669 188,260 (184,510) 139,419

23

Mental Fight Club Notes to the financial statements For the year ended 30 April 2023

Purposes of the restricted funds

10th Birthday Celebrations for Dragon Cafe Borough, Bankside and Walworth Community Neighbourhood Funds

Running the Dragon Café in the City at Shoe City of London Corporation Lane Library Fleet Street Quarter Dragon Café in the City events London Catalyst Partnering with St Johns Dragon Café in Lambeth Pilot The Dragon Café London Borough of Southwark London Community Response Fund - London Supporting cost of Living increases Community Foundation

Supporting Wellbeing in Small businesses in the London Borough of Hackney City of London Supporting the sustainability of Mental Fight Lloyds Bank Foundation Club and projects People's Postcode Lottery Dragon Café Activities Running the Dragon Café in the City at Shoe St Andrew Holborn and Stafford's Charity Lane Library Dragon Café Costs in Southwark NHS ICS Southwark Surrey Dispensary Dragon Café activities Dragon Café activities The National Lottery Community Fund Create, Relate, Integrate -Lived Experience and The Wellcome Trust researchers working together United St Saviours Food Poverty

Purposes of designated funds: Designated funds of £16.5k ring fenced for MFC events.

24

Mental Fight Club Notes to the financial statements For the year ended 30 April 2023

Prior year movements in funds
Unrestricted Funds
Designated Funds
General Funds
Total Unrestricted Funds
Restricted Funds
Better Bankside
Borough, Bankside and Walworth
Community Neighbourhood Funds
City of London Corporation
GVC Ladbrokes -London Community
Foundation
London Borough of Hackney
London Borough of Southwark
London Community Response Fund -
London Community Foundation
Lloyds Bank Foundation
Maudsley Charity
People's Postcode Lottery
Southwark Community Christmas 2021
Southwark NHS CCG
Surrey Dispensary
The Cicely Northcote Trust
The National Lottery Community Fund
The Wellcome Trust
Total Restricted Funds
Total Funds		 At 1 May
2021
Income
ExpenditureAt 30 April
2022
£
£
£
£
19,000
-
-
19,000
61,388
27,017
(17,449)
70,956
80,388
27,017
(17,449)
89,956
372
-
(372)
-
-
4,850
(4,850)
-
10,673
22,323
(16,973)
16,023
921
-
(921)
-
4,690
-
-
4,690
-
11,600
(11,600)
-
10,000
-
(10,000)
-
-
30,000
(15,000)
15,000
1,216
-
(1,216)
-
15,600
-
(15,600)
-
-
1,389
(1,389)
-
-
66,000
(66,000)
-
-
6,000
(6,000)
-
3,000
-
(3,000)
-
-
10,000
-
10,000
70,498
-
(70,498)
-
116,970
152,162
(223,419)
45,713
197,358
179,179
(240,868)
135,669

14 Related party transactions

There were no related party transactions during the current or prior reporting period.

25