Charity no. 1171453
Independent Mental Health Network Report and Unaudited Financial Statements
31 March 2024
Independent Mental Health Network
Reference and administrative details
| For theyear ended 31 March 2024 | For theyear ended 31 March 2024 | |||||
|---|---|---|---|---|---|---|
| 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 | ||||||
| Mark Dale (Chair) | appointed | 20 | February | 2024 | and | |
| resigned 18 October 2024 | ||||||
| Justine Keeble | resigned 12 January 2024 | |||||
| Ceri Morris | appointed 10 July 2023 | |||||
| Javed Rehman | ||||||
| Karen Self | resigned 30 April 2023 | |||||
| Claire Smith | appointed 20 February 2024 | |||||
| Nick Wainwright | ||||||
| Chief executive officer | Catrin Beynon | appointed 30 January 2024 | ||||
| Karen Self | appointed 30 April 2023 and resigned | |||||
| 30 January 2024 | ||||||
| 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 |
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Independent Mental Health Network
Report of the trustees
For the year ended 31 March 2024
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:
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For the public benefit, to advance the health of individuals and groups in England and Wales by:
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a. representing the needs of the membership of IMHN in improving the provision of mental health services;
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b. working collaboratively with commissioners, service providers and other agencies to identify innovative health solutions that will improve the health of local communities;
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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
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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.
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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.
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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.
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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.
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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:
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To improve mental health provision for all those accessing mental health services and community support as part of the NHS Transformation Plan.
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Recruiting people with lived experience of mental health issues to be representatives with NHS providers, including locality and specialist workstreams.
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Peer support and lived experienced forums for members.
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Mental health awareness and training sessions.
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Work with others in the field of mental health and wellbeing on joint campaigns.
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Independent Mental Health Network
Report of the trustees
For the year ended 31 March 2024
Achievements and performance
During the past financial year, The Independent Mental Health Network (IMHN) has made significant strides in advancing mental health advocacy and the role of lived experience within service developments. Key achievements this year reflect the continued growth of IMHN’s impact with significantly expanded work in the Bristol, North Somerset, and South Gloucestershire region. Each project undertaken has contributed to IMHN’s mission to create a more inclusive, effective, and person-centred mental health landscape.
1. Locality Partnerships and Co-Production in Bristol, North Somerset, and South Gloucestershire: IMHN’s involvement with Locality Partnerships in the BNSSG region have been a cornerstone of our work, embedding lived experience perspectives within service design and delivery. Lived Experience Representatives have been active across North and West Bristol, Inner City and East Bristol, Woodspring, and Weston, Worle and Villages. Key achievements include:
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The Mobilisation of Mental Health and Wellbeing Integrated Network Teams : Our representatives contributed essential feedback during the process of MINT mobilisation. Their input on accessibility requirements, welcoming environments, and cultural inclusivity led to modifications in site set-ups and making MINTs more person-centred. Through mock case reviews, they ensured processes were inclusive, highlighting in particular the need for neurodiversity awareness and training. Representatives also joined recruitment efforts, serving on interview panels, and helping to embed co-production values into the ethos of the MINT teams; and
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Equality and Health Impact Assessments : Representatives actively co-produced The EHIA processes for MINTs to assess their impact on individuals with protected characteristics. Their advocacy for broader meeting participation has enabled representatives with relevant lived experience to contribute to sessions on specific protected characteristics, promoting inclusivity in mental health provision.
2. Co-Production in Specific Workstreams under the BNSSG Community Mental Health Framework:
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As a key partner in the BNSSG’s Community Mental Health Framework, IMHN played a key role in several workstreams aimed at re-designing mental health services to be more proactive and tailored. Major contributions included:
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Young People’s Transitions Workstream : Representatives provided input to ensure smoother pathways as young people transition from child and adolescent services to adult mental health care, emphasizing continuity and support during this critical period;
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Eating Disorder Services Workstream : In response to rising demand, representatives contributed insights on creating more inclusive, culturally sensitive services, advocating for a long-term recovery model that prioritises compassion and accessibility; and
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Physical Health for Severe Mental Illness (SMI) Workstream : IMHN representatives supported work to bridge health inequalities for individuals on the SMI register, including coproduced approaches to improve physical health outreach and continuity in care across primary and mental health services.
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Independent Mental Health Network
Report of the trustees
For the year ended 31 March 2024
3. North Somerset Council Public Health Initiatives: IMHN’s partnership with North Somerset Council has strengthened lived experience representation within the Council’s public health initiatives, including the Suicide and Self-Harm Prevention Group, Mental Health Strategy Group, and Trauma and Adversity Steering Group. Running from May 2024 to March 2025, this initiative integrates lived experience insights into local mental health strategy, addressing complex issues with first-hand perspectives to:
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Enhance public health planning : Enhance public health planning: By providing lived experience insights, IMHN has helped shape Council strategies on mental health, suicide prevention, and trauma-informed practices; and
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Bridge policy and practice : Representatives have highlighted real-life challenges and insights, informing policy decisions to address issues clinicians and commissioners might not otherwise see.
This initiative has fostered collaboration between public health officials and lived experience representatives, building a foundation for more responsive public health policies in North Somerset.
4. Mental Health and Lived Experience Training for North Somerset Council Staff: To deepen understanding and improve service responsiveness, IMHN partnered with North Somerset Council to deliver mental health and lived experience training to the public health team. This training, which includes trauma-informed practices and real-life perspectives, has equipped staff with new skills to support individuals with mental health needs. Participants expressed appreciation for the inclusion of lived experience, citing greater empathy and awareness as a result.
5. Looking After Your Mental Health Alongside Chronic Pain/Chronic Conditions’ Project with Healthwatch Bristol:
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IMHN partnered with Healthwatch Bristol on a project to address the intersection of mental health and chronic conditions, following feedback highlighting the challenges individuals face in accessing appropriate support. The project aimed to map mental health support available for individuals with chronic conditions, evaluate effectiveness, and identify gaps. Key activities included:
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Steering group formation and focus groups : These sessions brought together individuals with lived experience of chronic pain to discuss their support experiences and identify areas for improvement; and
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Survey and report : Following focus groups, a comprehensive survey gathered broader community feedback. The resulting report, shared with public health bodies and service commissioners, advocated for improvements and emphasized the need for holistic approaches in supporting individuals with chronic conditions.
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Independent Mental Health Network
Report of the trustees
For the year ended 31 March 2024
6. Trauma-Informed System Changes Across Public Services Project with NIHR ARC West: IMHN has been working with NIHR ARC West and the University of Bristol on a multi-year project aimed at promoting trauma-informed practices across health and social care, local government, education, and policing within BNSSG. With a completion date set for 2025, the project has so far achieved:
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Organisational strategy reviews : IMHN representatives have assessed existing traumainformed practices, identifying gaps and challenges faced by different public service sectors; and
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Stakeholder engagement through workshops : Representatives have conducted workshops to evaluate the impact of trauma-informed practices, sharing insights to guide policy development and promote best practices.
7. Expanded Support for Lived Experience Representatives: This year, IMHN focused on strengthening support for its Lived Experience Representatives. A comprehensive support programme was introduced, featuring:
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New code of conduct and role descriptions to clarify representative expectations; and
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▪ Enhanced induction and training sessions , including topics such as trauma-informed practices, cultural sensitivity, and effective representation.
Survey results show high satisfaction with IMHN’s support, with 92% of representatives indicating that they feel well-supported. This robust support framework has fostered a positive environment for representatives, enhancing their engagement and effectiveness.
8. Conclusion of Work in Greater Manchester: Following several years of impactful work in the Greater Manchester region, IMHN concluded its projects with Trafford CCG and Greater Manchester Health and Social Care Partnership this year. While this work had many achievements in areas such as Oldham and Rochdale, IMHN has chosen to refocus resources to meet the rising demand in the Southwest region, particularly within BNSSG area.
Through these projects, IMHN has continued to advance its mission of integrating lived experience perspectives into every level of mental health service planning and delivery. The past year’s work underscores IMHN’s commitment to fostering a mental health landscape that is inclusive, responsive, and grounded in the experiences of those it serves.
Financial review
For the financial year reported we recorded a deficit of £46,150 (2023: deficit £90,473). This reflects expenditures for work that had been funded in advance through income received in prior years. This planned use of reserves aligns with our financial strategy, ensuring the delivery of long-term commitments within the intended funding period. Total funds at 31 March 2024 were £95,603, which included restricted funds of £Nil (2023: £71,880) and unrestricted funds of £95,603 (2023: £69,873).
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Independent Mental Health Network
Report of the trustees
For the year ended 31 March 2024
The deficit primarily resulted from the conclusion of our Manchester contract, where significant, carefully managed expenditure ensured a responsible and stable exit from this region, allowing us to maintain our commitment to service quality during the transition. In line with our values, the decision was made to utilize reserves built up in previous years to support individuals with lived experience through this period of transition, ensuring they were well-supported as we withdrew from the region. This was a purposeful, one-time expenditure, aligned with our mission and values, intended to uphold the stability of services and support through a period of change. Additionally, the charity faced a period of leadership adjustment due to the resignation of the core senior leadership team. This period of change has been successfully resolved, with new leadership now in place to guide the charity forward.
The charity’s financial position remains stable, underpinned by prudent financial management and a dedication to sustainable practices. Although income has decreased from the previous year, the charity is well-positioned to continue its mission, with robust oversight ensuring resources are maximized effectively.
Management accounts are independently prepared monthly and reviewed by the Board of Trustees. Formal financial reviews take place at each board meeting, ensuring the close monitoring of the charity’s financial position.
As of March 2024, the charity’s main bank account held £77,148, reflecting careful cashflow management as we move into the new financial year.
The reserves policy for the charity is not part of the constitution but has been discussed at board of trustee's meetings. Free reserves (defined as the charity’s unrestricted funds) were £95,603 at 31 March 2024 (2023: £69,873). 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.
Structure, governance and management
The structure and organisation of IMHN remains as a Charitable Incorporated Organisation (CIO), with a dedicated Board of Trustees who meet regularly to review performance and guide the charity’s strategic direction. This year, our risk management framework has continued to play a key role in successfully identifying, tracking, and mitigating risks to ensure the charity’s resilience and operational continuity.
The day-to-day running of the charity is overseen by the Head of Operations, who assumed the role following the departure of the Interim Head of Operations in January 2024. The Head of Operations is responsible for implementing the charity’s strategic objectives on a daily basis, ensuring smooth operations, and alignment with our mission and goals. In addition to providing line management support, the Head of Operations actively collaborates with the Board of Trustees, engaging in regularly discussions to keep them informed of ongoing progress, challenges, and developments. This highly collaborative approach allows the board to maintain oversight and provide guidance on strategic matters, ensuring that the charity remains agile and responsive to emerging needs.
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Independent Mental Health Network
Report of the trustees
For the year ended 31 March 2024
The Head of Operations is supported by a skilled team, and together they work to foster an environment of continuous improvement, efficiency, and effective service delivery. Their role includes co-ordinating various functions within the charity to ensure our activities remain impactful and sustainable.
As the charity grows, we continue to adapt our structure to maintain efficiency and alignment with our long-term visions, ensuring we remain fit for purpose and responsive to emerging needs.
Trustees are recruited through a range of methods, including:
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word of mouth;
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external advertisement; and
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social networking and media channels.
Our trustees adhere to the Charity Commission's guidance on public benefit, ensuring the charity's work consistently delivers meaningful and measurable impact.
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:
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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make judgements and accounting estimates that are reasonable and prudent;
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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
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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.
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Independent Mental Health Network
Report of the trustees
For the year ended 31 March 2024
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 19 December 2024 and signed on their behalf by
Nick Wainwright - Trustee
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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 2024, which are set out on pages 10 to 22.
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:
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(1) accounting records were not kept in respect of the CIO as required by section 130 of the Act; or
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(2) the accounts do not accord with those records; or
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(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.
Dougal Howard
Date: 19 December 2024 Dougal Howard ACA 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
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Independent Mental Health Network
Statement of financial activities
For the year ended 31 March 2024
| Restricted Unrestricted Note £ £ Income from: Donations 3 - 105 Charitable activities 4 - 94,168 Investments - 544 Total income - 94,817 Expenditure on: Raising funds - 3,605 Charitable activities 48,988 88,374 Total expenditure 6 48,988 91,979 Net income / (expenditure) (48,988) 2,838 Transfers between funds (22,892) 22,892 Net movement in funds 7 (71,880) 25,730 Reconciliation of funds: Total funds brought forward 71,880 69,873 Total funds carried forward - 95,603 |
2024 Total £ 105 94,168 544 94,817 3,605 137,362 140,967 (46,150) - (46,150) 141,753 95,603 |
2023 Total £ 129 159,011 315 159,455 - 249,928 249,928 (90,473) - (90,473) 232,226 141,753 |
|---|---|---|
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.
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Independent Mental Health Network
Balance sheet
As at 31 March 2024
----- Start of picture text -----
2024 2023
Note £ £ £
Current assets
Debtors 10 33,947 4,479
Cash at bank and in hand 77,148 161,443
111,095 165,922
Liabilities
Creditors: amounts falling due within 1 year 11 (15,492) (24,169)
Net current assets 95,603 141,753
Net assets 13 95,603 141,753
Funds 14
Restricted funds - 71,880
Unrestricted funds
General funds 95,603 69,873
Total charity funds 95,603 141,753
----- End of picture text -----
Approved by the trustees on 19 December 2024 and signed on their behalf by
Nick Wainwright - Trustee
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Independent Mental Health Network
Notes to the financial statements
For the year ended 31 March 2024
1. Accounting policies
a) Basis of preparation
Independent Mental Health Network is a charitable incorporated organisation (CIO) registered in England and Wales. The registered office address is Unit 47, Equinox South, Great Park Road, Bradley Stoke, Bristol, BS32 4QL.
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.
Income received in advance of provision of services is deferred until criteria for income recognition are met.
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.
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Independent Mental Health Network
Notes to the financial statements
For the year ended 31 March 2024
1. Accounting policies (continued)
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.
g) Allocation of support and governance costs
Support costs are those functions that assist the work of the charity but do not directly undertake charitable activities. Governance costs are the costs associated with the governance arrangements of the charity, including the costs of complying with constitutional and statutory requirements and any costs associated with the strategic management of the charity’s activities. These costs have been allocated in full to charitable activities.
h) 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.
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.
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 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.
l) 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.
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Independent Mental Health Network
Notes to the financial statements
For the year ended 31 March 2024
1. Accounting policies (continued)
m) 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 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 expenditure and net movement in funds Income from donations Total income from donations |
Restricted £ £ - 129 17,360 141,651 - 315 17,360 142,095 93,696 156,232 93,696 156,232 (76,336) (14,137) 2024 Total £ 105 Unrestricted |
2023 Total £ 129 159,011 315 159,455 249,928 249,928 (90,473) 2023 Total £ 129 |
|---|---|---|
3. Income from donations
All income from donations was unrestricted in the current and prior year.
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Independent Mental Health Network
Notes to the financial statements
For the year ended 31 March 2024
4. Income from charitable activities
| Restricted £ £ Service delivery and training sessions - 94,168 Total income from charitable activities - 94,168 Prior period comparative Restricted £ £ Service delivery and training sessions - 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 Unrestricted |
2024 Total £ 94,168 94,168 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.
5. Government grants
In the prior year, the charity received government grants, defined as funding from NHS Greater Manchester to fund charitable activities. The total value of such grants in the period ending 31 March 2024 was £Nil (2023: £20,271). In the prior year, the charity was required to repay unspent funds amounting to £1,080 to NHS Greater Manchester as a condition of the grant.
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Independent Mental Health Network
Notes to the financial statements
For the year ended 31 March 2024
6. Total expenditure
| Staff costs (note 8) Advertising and marketing Accountancy Bank fees General expenses Insurance Computer expenses Light and heat Printing, postage and stationery Rent and rates Recruitment costs Repairs and renewals Subscriptions Travel Sub-total Allocation of support and governance costs Total expenditure |
Raising funds £ 3,605 - - - - - - - - - - - - - 3,605 - 3,605 |
Charitable activities £ 108,213 192 - - - - - - - 17,055 90 334 2,993 249 129,126 8,236 137,362 |
Support and governance costs £ - - 6,466 90 184 779 443 139 135 - - - - - 8,236 (8,236) - |
2024 Total £ 111,818 192 6,466 90 184 779 443 139 135 17,055 90 334 2,993 249 140,967 - 140,967 |
|---|---|---|---|---|
Total governance costs were £1,950 (2023: £1,800).
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Independent Mental Health Network
Notes to the financial statements
For the year ended 31 March 2024
| 6. Total expenditure (continued) Prior period comparative Staff costs (note 8) Advertising and marketing Accountancy Bank fees General expenses Insurance Computer expenses Light and heat Printing, postage and stationery Rent and rates Recruitment costs Repairs and renewals Staff training Subscriptions Travel Sub-total Allocation of support and governance costs Total expenditure |
Raising funds £ - - - - - - - - - - - - - - - - - - |
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 |
|---|---|---|---|---|
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Independent Mental Health Network
Notes to the financial statements
For the year ended 31 March 2024
7. Net movement in funds
| This is stated after charging: Trustees' remuneration Trustees' reimbursed expenses Independent examiner's remuneration (excluding VAT): Independent examination Other services |
2024 £ 8,401 Nil 1,950 4,466 |
2023 £ 8,230 Nil 1,800 5,366 |
|---|---|---|
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.
8. Staff costs and numbers
Staff costs were as follows:
| Salaries and wages Social security costs Pension costs Freelance staff |
2024 £ 80,138 139 1,468 30,073 111,818 |
2023 £ 149,382 6,758 3,051 44,718 203,909 |
|---|---|---|
No employee earned more than £60,000 during the current or prior 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 £29,322 (2023: £23,208).
| Average head count | 2024 No. 5 |
2023 No. 8 |
|---|---|---|
9. Taxation
The charity is exempt from corporation tax as all its income is charitable and is applied for charitable purposes.
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Independent Mental Health Network
Notes to the financial statements
For the year ended 31 March 2024
10. Debtors
| Trade debtors Prepayments Accrued income Other debtors Creditors : amounts due within 1 year Trade creditors Accruals Other creditors Pension VAT Deferred income (see note 12) Deferred income At 1 April 2023 Deferred during the year Released during the year At 31 March 2024 |
2024 £ 19,641 3,855 9,129 1,322 33,947 2024 £ 2,565 3,613 1,743 253 4,918 2,400 15,492 2024 £ - 2,400 - 2,400 |
2023 £ 317 4,162 - - 4,479 2023 £ 4,340 11,471 1,729 368 6,261 - 24,169 2023 £ - - - - |
|---|---|---|
11. Creditors : amounts due within 1 year
12. Deferred income
Deferred income relates to the delivery of three Mental Health and Lived Experience training sessions for North Somerset Council.
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Independent Mental Health Network
Notes to the financial statements
For the year ended 31 March 2024
13. Analysis of net assets between funds
| Current assets Current liabilities Net assets at 31 March 2024 Prior year comparative Current assets Current liabilities Net assets at 31 March 2023 |
£ £ - 111,095 - (15,492) - 95,603 £ £ 71,880 94,042 - (24,169) 71,880 69,873 Restricted funds Unrestricted funds Restricted funds Unrestricted funds |
Total funds £ 111,095 (15,492) 95,603 Total funds £ 165,922 (24,169) 141,753 |
|---|---|---|
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Independent Mental Health Network
Notes to the financial statements
For the year ended 31 March 2024
14. Movements in funds
| Restricted funds Tameside Co-production Rochdale Lived Experience Total restricted funds General funds Total unrestricted funds Total funds Prior year comparative Restricted funds Tameside Co-production Rochdale Lived Experience EDP Business Development Total restricted funds General funds Total unrestricted funds Total funds Unrestricted funds Greater Manchester Health and Social Care Partnership Rochdale Wellbeing Network Foundation Group Rochdale Wellbeing Network Foundation Group National Emergencies Trust (via Disability Action) Greater Manchester Health and Social Care Partnership Unrestricted funds |
At 1 April 2023 £ 1,000 7,267 57,919 5,694 71,880 69,873 69,873 141,753 At 1 April 2022 £ - - 492 136,067 9,318 2,983 148,860 83,366 83,366 232,226 |
Income £ - - - - - 94,817 94,817 94,817 Income £ 1,000 18,910 - 281 - (2,831) 17,360 142,095 142,095 159,455 |
£ (1,000) (6,630) (35,822) (5,536) (48,988) (91,979) (91,979) (140,967) £ - (11,643) - (78,429) (3,624) - (93,696) (156,232) (156,232) (249,928) Expenditure Expenditure |
£ - (637) (22,097) (158) (22,892) 22,892 22,892 - £ - - (492) - - (152) (644) 644 644 - Transfers between funds Transfers between funds |
£ - - - - - 95,603 95,603 95,603 £ 1,000 7,267 - 57,919 5,694 - 71,880 69,873 69,873 141,753 At 31 March 2024 At 31 March 2023 |
|---|---|---|---|---|---|
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Independent Mental Health Network
Notes to the financial statements
For the year ended 31 March 2024
14. Movements in funds (continued) Purposes of restricted funds Rochdale Wellbeing Network The Rochdale Wellbeing Network existed to facilitate Foundation Group collaborative 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
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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.
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Greater Manchester Health and Funding to support people with lived experience of mental Social Care Partnership health 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.
Purposes of transfers between funds
Transfers between funds relate to projects that are complete, where funding is not due to be returned to funders.
15. Related party transactions
Justine Keeble, a trustee, received payments totalling £2,089 (2023: £2,055) 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 £6,312 (2023: £6,175) for lived experience representative services provided during the year as allowed by the governing document. Payments were made on market terms.
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