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2023-03-31-accounts

Charity no. 1171453

Independent Mental Health Network Report and Unaudited Financial Statements

31 March 2023

Independent Mental Health Network

Reference and administrative details

Reference and administrative details Reference and administrative details
For the year ended 31 March 2023
Charity number 1171453
Registered office and Unit 47, Equinox South,
operational address Great Park Road,
Bradley Stoke,
Bristol
BS32 4QL
Trustees The trustees who served during the year and up to the date of this report
were as follows:
Jason Burrowes
Amy Gordon resigned 11 March 2023
Justine Keeble
Ceri Morris appointed 10 July 2023
Javed Rehman
Karen Self resigned 30 April 2023
Nick Wainwright
Chief executive officer Tom Renhard resigned 30 April 2023
Bankers Triodos Bank
Deanery Road
Bristol
BS1 5AS
Independent examiners Godfrey Wilson Limited
Chartered accountants and statutory auditors
5th Floor Mariner House
62 Prince Street
Bristol
BS1 4QD

1

Independent Mental Health Network

Report of the trustees

For the year ended 31 March 2023

Reference and administrative information set out on page 1 forms part of this report. The financial statements comply with current statutory requirements, the Constitution and the Statement of Recommended Practice - Accounting and Reporting by Charities (effective from January 2019).

Objectives and activities

The charitable objects of the charity are as follows:

  1. For the public benefit, to advance the health of individuals and groups in England and Wales by:

  2. a. representing the needs of the membership of IMHN in improving the provision of mental health services;

  3. b. working collaboratively with commissioners, service providers and other agencies to identify innovative health solutions that will improve the health of local communities;

  4. c. working with individuals and local groups in communities to facilitate the provision of support networks for those that are experiencing a mental health issue; and

  5. d. educating the public on the importance of understanding mental health and the need for parity of esteem in how we view this with physical health.

  6. To promote community capacity building through developing diverse networks of individuals and groups that are able to be involved in improving local mental health services in areas of England and Wales.

  7. The advancement of citizenship or community development through promoting the efficiency and effectiveness of charities and the effective use of charitable resources by representing a range of views to policy makers and funders on improving mental health services in England and Wales.

  8. To advance community development through the promotion of volunteering and the voluntary sector in the role it can play for improving mental health services locally and nationally in England and Wales.

  9. To advance such charitable purposes (according to the law of England and Wales) as the trustees see fit from time to time, in particular but not limited to advancing the education of individuals and groups working in the health sector by making grants and awards to user-led mental health groups.

The main activities undertaken by the charity are as follows:

  1. To improve mental health provision for all those accessing mental health services and community support as part of the NHS Transformation Plan.

  2. Recruiting people with lived experience of mental health issues to be representatives with NHS providers, including locality and specialist workstreams.

  3. Peer support and lived experienced forums for members.

  4. Mental health awareness and training sessions.

  5. Work with others in the field of mental health and wellbeing on joint campaigns.

2

Independent Mental Health Network

Report of the trustees

For the year ended 31 March 2023

Achievements and performance

In the financial year being reported the main achievements of the charity are summarised as follows:

In Bristol, North Somerset and South Gloucestershire we were commissioned by a contract with the local NHS (National Health Service) CCG (Clinical Commissioning Group) to:

Over 30 different workstreams were supported, giving feedback from people with lived experience of mental health issues.

In the Greater Manchester region we continued our contracted work with Trafford CCG on behalf of Greater Manchester Health and Social Care Partnership. This included GM core work grants in Oldham and Rochdale. This work contained many similar elements to that carried out with BNSSG, albeit with fewer workstreams.

Other smaller packages of work were with Kooth Consultancy and the Avon and Wiltshire Partnership (AWP).

Financial review

For the year ended 31 March 2023, incoming resources were £159,455 (2022: £340,266) and resources expended were £249,928 (2022: £324,944), resulting in a deficit of £90,473 (2022: surplus £15,322). Total funds at 31 March 2023 were £141,753, which included restricted funds of £71,880 (2022: £148,860) and unrestricted funds of £69,873 (2022: £83,366).

The charity’s financial position at the end of the financial year is satisfactory despite a fall in income, with funds secured to take its work forward. The charity does not hold any leases, although has licences for office space for use by staff as appropriate.

Management accounts are independently prepared on a monthly basis and shared with the board of trustees, alongside formal reviews at board meetings. This ensures that the financial position of the charity is subject to regular review.

The main bank account held £161,443 on 31 March 2023 (2022: £224,393).

3

Independent Mental Health Network

Report of the trustees

For the year ended 31 March 2023

The main funding for the charity in this financial year was contracts with Bristol and Greater Manchester NHS CCGs. Staffing arrangements were built around this funding arrangement, with a mixture of permanent and short term contracts.

The reserve policy for the charity is not part of the constitution but has been discussed at board of trustees meetings. The trustees agreed that a reserve policy of 6 months of staff and rental costs is prudent, equating to £115,524. This has not been met, however plans are in place to meet it going forward through careful expenditure management.

Staffing became an issue as the financial year progressed. This had a particular impact on the BNSSG contract, where the final two monthly payments were withheld. However, because staffing costs were lower, the net impact on cash flow was not of concern.

Going into the new financial year 2023/24 there were significant challenges for the charity. The CEO announced their intention to stand down in April 2023, the trustees have acted on this to ensure that the charity is a going concern. Staffing remains an ongoing concern and action has also been taken to address this.

Structure, governance and management

The structure of the organisation is as a Charitable Incorporated Organisation (CIO). It has a board of trustees that meet regularly to review the performance of the charity and support its continued development. The organisation also has a robust risk management framework in place to track and manage risks as they arise.

The day-to-day running of the charity is delegated to the CEO, and since April 2023 the Interim Operations Manager, with line management support and regular engagement with board members and different areas of the charity.

As the charity has grown, it has been necessary to continue to develop the structure of the charity to ensure it remains fit for purpose for the future.

Trustees are recruited by various means, including (but not limited to):

The trustees have had due regard to the guidance issued by the Charity Commission on public benefit.

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).

4

Independent Mental Health Network

Report of the trustees

For the year ended 31 March 2023

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:

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.

Members of the charity guarantee to contribute an amount not exceeding £10 to the assets of the charity in the event of winding up. The trustees are members of the charity but this entitles them only to voting rights. The trustees have no beneficial interest in the charity.

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 29 January 2023 and signed on their behalf by

Nick Wainwright - Trustee

5

Independent examiner's report

To the trustees of

Independent Mental Health Network

I report to the trustees on my examination of the accounts of Independent Mental Health Network (the CIO) for the year ended 31 March 2023, which are set out on pages 7 to 17.

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

Godfrey Wilson Limited also provides bookkeeping and payroll services to the CIO. I confirm that as a member of the ICAEW I am subject to the FRC’s Revised Ethical Standard 2016, which I have applied with respect to this engagement.

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.

Date: 29 January 2023 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

6

Independent Mental Health Network

Statement of financial activities

For the year ended 31 March 2023

Restricted Unrestricted
Note
£
£
Income from:
Donations
3
-
129
Charitable activities
4
17,360
141,651
Investments
-
315
Total income
17,360
142,095
Expenditure on:
Charitable activities
93,696
156,232
Total expenditure
6
93,696
156,232
Net income / (expenditure)
(76,336)
(14,137)
Transfers between funds
(644)
644
Net movement in funds
8
(76,980)
(13,493)
Reconciliation of funds:
Total funds brought forward
148,860
83,366
Total funds carried forward
71,880
69,873		 2023
Total
£
129
159,011
315
159,455
249,928
249,928
(90,473)
-
(90,473)
232,226
141,753		 2022
Total
£
4,157
336,034
75
340,266
324,944
324,944
15,322
-
15,322
216,904
232,226

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 14 to the accounts.

7

Independent Mental Health Network

Balance sheet

As at 31 March 2023

Note
Current assets
Debtors
11
Cash at bank and in hand
Liabilities
Creditors: amounts falling due within 1 year
12
Net current assets
Net assets
13
Funds
14
Restricted funds
Unrestricted funds
General funds
Total charity funds		 £
4,479
161,443
165,922
(24,169)		 2023
£
141,753
141,753
71,880
69,873
141,753		 2022
£
24,902
224,393
249,295
(17,069)
232,226
232,226
148,860
83,366
232,226

Approved by the trustees on 29 January 2023 and signed on their behalf by

Nick Wainwright - Trustee

8

Independent Mental Health Network

Notes to the financial statements

For the year ended 31 March 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).

Independent Mental Health Network 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 note.

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 item 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.

d) 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.

e) Funds accounting

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

f) 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.

9

Independent Mental Health Network

Notes to the financial statements

For the year ended 31 March 2023

1. Accounting policies (continued)

g) Allocation of support and governance costs

h) Grants payable

Grants payable are charged in the year in which the offer is conveyed to the recipient except in those cases where the offer is conditional, such grants being recognised as expenditure when the conditions attached have been fulfilled. Grants offered subject to conditions at the year end are noted as commitment but are not accrued as expenditure.

i) 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.

j) 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.

k) 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.

l) Financial instruments

The trust 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.

m) Pension costs

The charity operates a defined contribution pension scheme for its employees. There are no further liabilities other than that already recognised in the SOFA.

10

Independent Mental Health Network

Notes to the financial statements

For the year ended 31 March 2023

1. Accounting policies (continued)

n) Accounting estimates and key judgements

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 financial statements.

2. Prior period comparatives: statement of financial activities

Income from:
Donations
Charitable activities
Investments
Total income
Expenditure on:
Charitable activities
Total expenditure
Net income and net movement in funds		 Restricted
£
£
-
4,157
136,478
199,556
-
75
136,478
203,788
144,899
180,045
144,899
180,045
(8,421)
23,743
Unrestricted		 2022
Total
£
4,157
336,034
75
340,266
324,944
324,944
15,322

3. Income from donations

Donations
Grants
Total income from donations		 2023
Total
£
129
-
129		 2022
Total
£
3,157
1,000
4,157

All income from donations was unrestricted in the current and prior year.

11

Independent Mental Health Network

Notes to the financial statements

For the year ended 31 March 2023

4. Income from charitable activities

Income from charitable activities
Restricted
£
£
Sales
-
141,651
Grants:
Greater Manchester Health and Social Care Partnership
19,191
-
Social Investment Business
(2,831)
-
Action Together
1,000
-
Total income from charitable activities
17,360
141,651
Unrestricted		 2023
Total
£
141,651
19,191
(2,831)
1,000
159,011

Negative grant income represents income which has been returned to funders following underspends on projects.

Prior period comparative
Restricted
£
£
Sales
2,456
199,556
Grants:
National Emergencies Trust (via Disability Action)
3,728
-
Greater Manchester Health and Social Care Partnership
100,000
-
Social Investment Business
10,304
-
NHS Heywood, Middleton and Rochdale CCG
19,990
-
Total income from charitable activities
136,478
199,556
Unrestricted		 2022
Total
£
202,012
3,728
100,000
10,304
19,990
336,034

5. Government grants

The charity receives government grants, defined as funding from NHS Greater Manchester to fund charitable activities. In the prior year the charity received government grants from Greater Manchester Health and Social Care Partnership, and NHS Heywood, Middleton and Rochdale to fund charitable activities. The total value of such grants in the period ending 31 March 2023 was £20,271 (2022: £119,990). In the current year, the charity was required to repay unspent funds amounting to £1,080 to NHS Greater Manchester as a condition of the grant (2022: £nil).

12

Independent Mental Health Network

Notes to the financial statements

For the year ended 31 March 2023

6. Total expenditure

Staff costs (note 9)
Advertising and marketing
Accountancy
Bank fees
General expenses
Grants payable (note 7)
Insurance
Computer expenses
Light and heat
Printing, postage and stationery
Rent and rates
Recruitment costs
Repairs and renewals
Staff training
Subscriptions
Travel
Sub-total
Total expenditure
Allocation of support and
governance costs		 Charitable
activities
£
203,909
2,398
-
-
-
-
-
-
-
-
27,139
623
214
1,512
4,314
1,522
241,631
8,297
249,928		 Support and
governance
costs
£
-
-
6,428
98
474
-
733
360
19
185
-
-
-
-
-
-
8,297
(8,297)
-		 2023 Total
£
203,909
2,398
6,428
98
474
-
733
360
19
185
27,139
623
214
1,512
4,314
1,522
249,928
-
249,928		 Charitable
activities
£
254,632
8,969
-
-
-
5,980
-
-
-
-
20,814
875
6,587
5,381
4,589
4,394
312,221
12,723
324,944		 Support and
governance
costs
£
-
-
9,241
130
505
-
706
1,475
75
591
-
-
-
-
-
-
12,723
(12,723)
-		 2022 Total
£
254,632
8,969
9,241
130
505
5,980
706
1,475
75
591
20,814
875
6,587
5,381
4,589
4,394
-
324,944
-
324,944

Total governance costs were £1,800 (2022: £1,700).

13

Independent Mental Health Network

Notes to the financial statements

For the year ended 31 March 2023

7. Grants payable

Grants in the prior year were made for the purpose of the Peer Support Innovation Grant. The amount payable and committed in the period for this period and future periods comprise the following:

2023
No.
Grants:
Institutions
Nil
Individuals
Nil		 2023
2022
2022
£
No.
£
-
19
4750
-
1
1,230
-
5,980

8. Net movement in funds

This is stated after charging:
Trustees' remuneration
Trustees' reimbursed expenses
Independent examiner's remuneration (excluding VAT):
Independent examination
Other services		 2023
£
8,230
Nil
1,800
5,366		 2022
£
7,780
Nil
1,700
6,848

Two trustees, as detailed in note 15 to the accounts, received payments for lived experience representative services. They were not paid in relation to their roles as trustees.

9. Staff costs and numbers

Staff costs were as follows:

Salaries and wages
Social security costs
Pension costs
Freelance staff		 2023
2022
£
£
149,382
171,737
6,758
8,427
3,051
3,355
44,718
71,113
203,909
254,632

No employee earned more than £60,000 during the year.

The key management personnel of the charity comprise the Trustees and Chief Executive Officer. The total employee benefits of the key management personnel were £23,208 (2022: £34,566).

Average head count 2023
No.
8		 2022
No.
10

14

Independent Mental Health Network

Notes to the financial statements

For the year ended 31 March 2023

10. Taxation

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

11. Debtors

Trade debtors
Other debtors		 2023
£
317
4,162
4,479		 2022
£
21,363
3,539
24,902

12. Creditors : amounts due within 1 year

Trade creditors
Accruals
Other creditors
Pension
VAT		 2023
£
4,340
11,471
1,729
368
6,261
24,169		 2022
£
6,772
3,475
-
709
6,113
17,069

13. Analysis of net assets between funds

Current assets
Current liabilities
Net assets at 31 March 2023
Prior year comparative
Current assets
Current liabilities
Net assets at 31 March 2022		 £
71,880
-
71,880
£
148,860
-
148,860
Restricted
funds
Restricted
funds		 £
94,042
(24,169)
69,873
£
100,435
(17,069)
83,366
Unrestricted
funds
Unrestricted
funds		 Total
funds
£
165,922
(24,169)
141,753
Total
funds
£
249,295
(17,069)
232,226

15

Independent Mental Health Network

Notes to the financial statements

For the year ended 31 March 2023

14. Movements in funds

Movements in funds
Restricted funds
Tameside Co-production
Rochdale Lived Experience
EDP Business Development
Total restricted funds
General funds
Total unrestricted funds
Total funds
Prior year comparative
Restricted funds
Metro Charity
Rochdale Lived Experience
EDP Business Development
Total restricted funds
General funds
Total unrestricted funds
Total funds
Unrestricted funds
National Emergencies Trust (via
Disability Action)
Greater Manchester Health and
Social Care Partnership
National Emergencies Trust (via
Disability Action)
Greater Manchester Health and
Social Care Partnership
Rochdale Wellbeing Network
Foundation Group
Unrestricted funds		 At 1 April
2022
£
-
-
492
136,067
9,318
2,983
148,860
83,366
83,366
232,226
At 1 April
2021
£
3,593
4,733
148,955
-
-
157,281
59,623
59,623
216,904		 Income
£
1,000
18,910
-
281
-
(2,831)
17,360
142,095
142,095
159,455
Income
£
-
3,728
102,456
19,990
10,304
136,478
203,788
203,788
340,266		 £
-
(11,643)
-
(78,429)
(3,624)
-
(93,696)
(156,232)
(156,232)
(249,928)
£
(3,593)
(7,969)
(115,344)
(10,672)
(7,321)
(144,899)
(180,045)
(180,045)
(324,944)
Expenditure
Expenditure		 £
£
-
1,000
-
7,267
(492)
-
-
57,919
-
5,694
(152)
-
(644)
71,880
644
69,873
644
69,873
-
141,753
£
£
-
-
-
492
-
136,067
-
9,318
-
2,983
-
148,860
-
83,366
-
83,366
-
232,226
Transfers
between
funds
At 31
March 2023
Transfers
between
At 31 March
2022
148,860
83,366
83,366
232,226

16

Independent Mental Health Network

Notes to the financial statements

For the year ended 31 March 2023

14. Movements in funds (continued) Purposes of restricted funds Rochdale Wellbeing Network The Rochdale Wellbeing Network existed to facilitate collaborative Foundation Group work between community, voluntary, faith and social enterprise (VCFSE) sector organisations and volunteers who are supporting people around mental health and emotional wellbeing. Tameside Co-production Tameside Co-production reflects the contribution of the IMHN in co-design of community mental health services. People with lived experience of mental health from the GM Independent Mental Health Network (IMHN) helped to develop the GM Community Mental Health Transformation prospectus, alongside our lived experience representatives in online focus groups. National Emergencies Trust (via Funding to support development and delivery of peer support Disability Action) groups across Bristol, North Somerset and South Gloucestershire. This included work to map existing peer support offers and develop training to support individuals to facilitate peer support in their communities. Greater Manchester Health and Funding to support people with lived experience of mental health Social Care Partnership to influence the development of mental health support across the Greater Manchester area. This also included funding to map peer support groups across the area and develop a network of people facilitating peer support. Rochdale Lived Experience The organisation received a grant to support people with lived experience of mental health problems to shape the Living Well programme in the borough, working to improve community mental health support. EDP Business Development IMHN successfully joined the Enterprise Development Programme. Support from the programme enables organisations to grow financial resilience and impact by providing a mixture of grant and learning support to help get enterprise ideas off the ground.

Purposes of transfers between funds

Transfers between funds relate to projects that are complete and funding is not due to be returned to funders.

15. Related party transactions

Justine Keeble, a trustee, received payments totalling £2,055 (2022: £2,342) for lived experience representative services provided during the year as allowed by the governing document. Payments were made on market terms.

Jason Burrowes, a trustee, received payments totalling £6,175 (2022: £5,438) for lived experience representative services provided during the year as allowed by the governing document. Payments were made on market terms.

17

Rob Wilson FCA Godfrey Wilson Limited Chartered Accountants & Statutory Auditors 5th Floor Mariner House 62 Prince Street Bristol BS1 4QD

29 January 2024

Dear Rob,

Letter of Representations on the Financial Statements for the Year Ended 31 March 2023

  1. We confirm that the following representations are made on the basis of enquiries of the trustees, management and staff with relevant knowledge and experience (and, where appropriate, of inspection of supporting documentation) sufficient to satisfy ourselves that we can properly make each of the following representations to you:

  2. We have fulfilled our responsibilities as trustees, as set out in the terms of your engagement letter dated 19 October 2021, under the Charities Act 2011 for preparing 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).

  3. We confirm that in our opinion the financial statements give a true and fair view and in particular that where any additional information must be disclosed in order to give a true and fair view that information has in fact been disclosed. We confirm that the selection and application of the accounting policies used in the preparation of the financial statements are appropriate, and we approve these accounts for the year ended 31 March 2023.

  4. We confirm that all accounting records have been made available to you for the purpose of your examination, in accordance with your terms of engagement, and that all the transactions undertaken by the charity have been properly reflected and recorded in the accounting records. All other records and related information, including minutes of all management, trustees’ and members’ meetings, have been made available to you. We have given you unrestricted access to persons within the charity in order to obtain evidence and have provided any additional information that you have requested for the purposes of your examination.

  5. We confirm the charity has satisfactory title to all assets and there are no liens or encumbrances on the assets, except for those disclosed in the financial statements.

  6. We confirm that significant assumptions used by us in making accounting estimates, including those measured at fair value, are reasonable. We confirm that we have no plans or intentions that may materially alter the carrying value and where relevant the fair value measurements or classification of assets and liabilities reflected in the financial statements.

  7. We confirm that the charity has no liabilities or contingent liabilities other than those disclosed in the financial statements.

  8. We confirm that all known actual or possible litigation and claims whose effects should be considered when preparing the financial statements have been disclosed to you and accounted for and disclosed in accordance with the applicable financial reporting framework.

CharIE_03_2019

  1. We confirm that there have been no events since the balance sheet date which require disclosing or which would materially affect the amounts in the financial statements, other than those already disclosed or included in the financial statements.

  2. We confirm that we are aware that a related party of the charity is a person or organisation which either (directly or indirectly) controls, has joint control of, or significantly influences the charity or vice versa and as a result will include: trustees, other key management, close family and other business interests of the previous. We confirm that all related party relationships and transactions have been accounted for and disclosed in accordance with the applicable financial reporting framework.

  3. We confirm that the charity neither had, at any time during the year, any arrangement, transaction or agreement to provide credit facilities (including advances and credits granted by the charity) for trustees, nor provided guarantees of any kind on behalf of the trustees except as disclosed in the financial statements.

  4. We confirm that the charity has not contracted for any capital expenditure other than as disclosed in the financial statements.

  5. We confirm that the charity has complied with all aspects of contractual agreements that could have a material effect on the financial statements in the event of non-compliance.

  6. We confirm that we are not aware of any possible or actual instance of non-compliance with those laws and regulations which provide a legal framework within which the charity conducts its activities and which are central to the charity’s ability to conduct its activities, except as explained to you and as disclosed in the financial statements.

  7. We acknowledge our responsibility for the design, implementation and maintenance of internal controls to prevent and detect fraud. We confirm that we have disclosed to you the results of our risk assessment of the risk of fraud in the organisation.

  8. We confirm that there have been no actual or suspected instances of fraud involving trustees, management or employees who have a significant role in internal control or that could have a material effect on the financial statements. We also confirm that we are not aware of any allegations of fraud by trustees, former trustees, employees, former employees, regulators or others.

  9. We confirm that, in our opinion, the charity’s financial statements should be prepared on the going concern basis on the grounds that current and future sources of funding or support will be more than adequate for the charity’s needs. In reaching this conclusion, we have taken into account all relevant matters of which we are aware, and have considered a period of at least one year from the date on which the financial statements will be approved.

  10. We confirm that in our opinion the effects of uncorrected misstatements are immaterial, both individually and in aggregate, to the financial statements as a whole.

  11. We confirm that we are not aware of any matters of material significance that should be reported to regulators. We confirm that all correspondence with the Charity Commission has been made available to you.

  12. We confirm that all grants, donations and other income, including those subject to special terms or conditions or received for restricted purposes, have been notified to you. There have been no breaches of terms or conditions during the period regarding the application of such income.

  13. We confirm the following specific representations made to you during the course of the independent examination:

  14. The trustees have reviewed the VAT position of the charity and are satisfied that it is being correctly charged on all relevant income streams.

  15. We confirm the following specific representations made to you during the course of the independent examination:

  16. (a) We confirm that the balance held in PayPal at 31 March 2023 was £0.00.

Yours sincerely

Nick Wainwright – Trustee For and on behalf of the trustees of Independent Mental Health Network