REGISTERED COMPANY NUMBER: 10716963 (England and Wales) REGISTEREO CHARITY NUMBER: 1179376 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 FOR SOUHULL MIND ILTDI Prwme Chartered Accwnlants Comer Oa 1 FkThr Road Sc4'hul B91 3aG
SOLIHULL MIND {LTDI CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 IMRCH 2022 Page Reference and AdminislratNe Dela1$ Report of the Trustees 2to9 Independent Examinerfs Report 10 Stslement of Finanual AdMtEs Balance Sheel 12to13 Notes to the Finanud Ststements 141021 Detailed Statement of FmarKial ActP4i 221023
SOLIHULL MIND ILTO) REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 MARCH 2022 TRUSTEES V Skiba D Salmons P Foltr MRea O Skerrtt A A$50n lapwnted 19151221 J L Re lapftted I5r22) R Frtzhenry {apwnied 1915r221 COIAPANY SECRETARY ReGISTeREO OFFKe 14116 FaL*ner Ro&1 SrAthL B92 8SY REGISTEREO COANy NUMBER 10716W)3 (EThJ and Walesl REGISTEReo CHARITY NUIIBER 1179376 IEpENDENT EXAMINER Prrne Chatewed Accountants l HorTW Road Solihul B91 3QG Page 1
SOLIHULL MIND ILTDI (REGISTERED NUMBER: 10716963) REPORT OF THÉ TRUSTEES FOR THE YEAR ENOED 31 MARCH 2022 The trustees present their rewt wih the finanoal statements of the charty the penod ended 31 March 2021. The trustees have adcfled the provisM)ns of Accounting and R&porhn9 by Charities. Stalomènt of R8commended Practice applicable lo chant$ preparing thwr accounts In accordance with tho Financial Reporting Standard applicab in the UK aTrJ Republ of Ireland (FRS 102} (effective 1 January 20191. STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng document The charity is conlrolled by its govemirbj dmenL a deed of Irusl, WKI n¥tule$ an InCc?Tated chanty and CoMpY Limited by Guarantee Declslon maklng body Solihull Md q)erates through a Board of TrusteegDireclors c(MnprBing to eight elected TrusteeslDifectus up lo three ¢(PIed TrusteeslDirectors and four Officers. The Board meets approximately birymonlhly. AdditIalty. a slandiry commiliee of the Oknrs plus other TrUSteeSlreCtorS an be called on between meetings rf uigenl 1xjse$S needs to be discussed. Oelails of tha Tru$leeslDirectors who sefftd dumg the Jear are strKMn in the summary of admitratIVe delails. Recruitment and appointment of new trustee5 All membeTS of sIhU11 Mind are circulate(J lo nomine Truste&s"ractOrs pr1 to the AGM advising them of vacancies and those TrusleefThreclors up for re-electn. and requesting n(yninations for the AGM. When considering cTropling Tw5teeslDIrecto. Mmd has regard to the requirement for any specialist skillslkn¢)wledge needed in the ¢Xg8nisat)n. Induction and trainlng ol new trustees All new employees and volunteers receNe #MJuclK)n training in S¢Jihull Mind's pokw at the MMenCernent of employment. This INning Is updated as CeSSary. •ther when the Board of TrUSteeS1raCtOrS make changes lo a policy or as is conspjered necesswy by Ihe CEO or Chair - eg following a change in the law. This training is nomially deled by the In-hwse tner. the Chairperson or the CEO. akhough spacialist external provKlers may be use(1 where more apprcpr¢ale. All TrusteeslDirectors are expected lo attend regular in-house training sessions to ensure that they are aware of. and in agreement wlh. Ihe poli¢te$'. and to considèr whether the policies and practKes of Sdihull reflect the wshes and aspirations of seNice users. In addition, all employee5 are iequired to keep a)reasl of develowents in Iheii own field of worf( and. with the CEO. to access appropriate out5•Je traing to meet this need. All vc4unleers receive bolh general organisation training and $ts any reknnl training for their dulles. This is usualty the responsibility of their co.ordinator who may access other trainw for Ihem where aPproprte. Risk fflanagoment The Iruslees have a duty lo Yentrfy and femew the risks lo which the charity is exposed and to ensure approprkgle controls are in place lo provJe reasonalk aSSuce aganst fraud and error. OBJECTNES AND ACTIVITIES Objectives and aims Thg overall aim of Solihull Mind is to prc*note the interests of, and prowde Supp to, peq)le with mental alth problems. Mind believes that people who have mental health problems have the same rvJhls as any other person.. that they should not be disadvantaged or subject lo prejud arKI should have the right to live an ordinary lifo in the community wth the necessary support and care lo ensure fuffilmenl arml independence. Mind also believes that people who use mental heakh SerVS shoLEhJ be ful inVoed in the planning and delNery ofthos& seN¢es. The trustees have had due regard to guthnce publthed by the Charities Commission on publ bene The obj'éctives are to: - Promote rnentsl healh and to foster and enccwrage grealer understsnding ol mental healih problems. - Enwurage and the development of good quality ¥okJnlary •)d ststutory mentsl heamh services. - Represent the concerns and common interests of usws of seNKes and their families. Page 2
SOUHULL MIND {LTDI (REGISTERED NUMBER: 10716963} REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022 OBJECTIVES AND ACTIVITIES Phllosophies The philosophk?s of Mind can be summarLsed as fol(yws'. - Those people who arn labdled, traated or dbagTh)sed as-mentalty iif, have the me rights a5 any other person and shoukl rbot be disadvantaged or su"ect to prejudice. - Mind recognise$ the value of pec wth eXpe[re of Mtal health probbems and WL5he$ lo listen and leam from them. - Mind seeks lo foster and enabk user consullatk)n arKI partKa"patM n the pLanning and delivéry of m6ntal health serwce5. - Mind supports the princs of s(xial iidusKJn aml Ihe recovery of m8ntal health delNery. Service Prfnclples The seM¢e principles can be Summed as folk. - Serwces shid focus on recowy arnl de¥elopw)g a SLPPOrt netrrk whth maximises social inclusion. - serve$ shouhy be provided in wrwe arnl vad sellrys, wtsrever possibl8, incorporated into mainstream fac1b'ls. - Serwces sh¢yJkJ refflect the factthal each is an PArtonmS indNidual I1h the rht to sew detemiinalion. - Each p8rson has the rvJht to make mformed de55 abJut they life. This should be encouragwj, and seryices Should alltrw people to take part in deus•)n$ a)oul the facilities they use. - Services should be age-appropriale. and treat people vilh dtyjnity. respect and in a way which encourages self confidence and esteem. - servi should refle¢l the nJs of the 111duaIS usir¥J them rthr than the service providers. - Services shouhj be prowded in a vray whth enablès and emwNers people rather than reslricls and controls them. Sgrvice Areas and Levels Solihvl Mind Is a local organisat)n a proven track delNpring $ViCeS founded on core philosophie5 such as the rlqhts ol Fople vAth menial heamh problems to equal citoenship and equal opportunities. The servKes provthd can be grouted ¥thin the folknwin9 bro&1 categors". Social Inclusion luding mental health awareness trainng to Ical employers. community groups and schools,. access to Speal1 beneftsldebvhousing support to maxwnize lrfe opportunities. Social Supwt -ddiver8d through the OASIS (Open Access sUprt Information Service) 7 day walk-in seNice, nhIty Cnsts Café. supported xCcrfnmodatn, and weekty wcrfnen and LG8TQ+ sup groups. Infomalion and Adwce - IhB is wowde(I weekdays &5pm VH phone. email, n person and through our website. F8ceborA( and tmntter a¢counls", plus accoss to specbalsl bc¥sneafiels on mental health issues and use of the Inlemet. Therapy- provided by ¢)ur Counselw)g, and oul of hours Crisis Café serv@$. CrealNe ACtItieS and Letsure - deled bolh at our main buikling ak)ngsLde the OASIS services or al our outdoor Creative Spaces $eNce pfomding oppInS for organic horticulture. conserya11t work, sportslheatth IMn9 actsvrties. artlcrafts and music. The majority of these services run ether n. or frcffl, our mwn building in Faulkner Road, Hobs Meadow, just off the main road k"nking the north and south of borough." or al our 3.5 acre Crealive Spaces srte in Knowle. However our outreach servKes such as benefflsldebllhousing and other specialist advocaey are also provided th8 ce4nmunty via the Solthul Infom)ation Hrtjs. various NHSISocial ServKe5, job centres. employers. and other C)MynY groups and mainstre loeatKJns around the )rough where appropriate. Page 3
SOLIHULL MIND ILTD) {REGISTERED MUPABER: 107169631 REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022 ACHIEVEMÉNT AND PERFORMANCE Charitable acthlltles Solihull Mind is a Incorporated C(mpany Linrted by Guarantee {regislered charty number 1179376 and Company Limrted number 10716963) whh arns lo benefl the pubhc by provNJing servKes and support to people in the Borough of Solihull who experie8 mentsl heatih issues. Solihull Mind a¥ns to prowde 5ta¥ilty to Ihe ¢xganisatN)n by eSsing a variety of fvnding sources and avoi(Jing dependency on any single man source of ncome. In prxtice this means aiming to $ecure the k¢al SMBCICCG funding we alre•ty have for eontracted semces such as OASIS (Drop-inl. Counselling, Housing Support. Crisis Support, BenefrtslDebl and adv wwk. In addth"on, we awn lo secure funds for longer lem) and one-off grants through bids to the Larger fUndg organttath)ns such as Lottery, Ccnic Relief, Lloyds 8nd other ch•table OrganatS. plus devthpffry relatShS wrth Irxal fundraising groupslbusiness to highlight our work and encouiage one-off kJrvJer4erm relabons., as well as individual donations and holdmg fvndraiwn9 events such as the annval PL¥nl sale> Page 4
SOUHULL MIND (LTD} (REGISTERED NUMBER: 107169631 REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022 ACHIEVEMENT AND PERFORMANCE Internal and Exteinal In 2021122 we e1ved totsl inccrtne of £653.173 and as usual this came from a mtUre of sources. Health and Social care contracls. reFt and one-off gfa)ts . Housing berth, (kJnaticmsttuNlraising and eamed income. Our main funder 2021r22 was Bsol CCG totsknng £246.466 - covering Counseling. the nightly Crisis Calé service. and general Recovery fundmg. Afthou9h the contracts were ratsed in line %Mlh inflation, th& income received was nearty £100,000 down on 2020r21. this Is the more nomial amount we bring in for services as the previous year had included a delayed payThnt from 2019r20 thich made the income appear artificially high. This be the last year that wdl be eontr&ling with 8Sol CCG as the organisation has been replaced by the new Integrated Care Board and our ser¥e5 have bn passported through to March 2024. Thi$ year we received the last of our £84,653pa SMBC funding for our 7 day OASIS (Open Access Support and Information Service), as we b)sl the contract for the new style of seNce from April 2022. HoF•veveT, as the Board of Directors decKled that our seNKe is nifiCantty drflerent lo the one now being eommissioned, they agreed to use reserve$ to ntinue to deliver the OASIS lce through to at $t March 2023. Whi further funding is sought. We were successful in retaining our Housing Supwt wilract of £19.350 through until al least March 2024: and although it had been exp8cled that Mithand Heart vAd have taken over the Housing Management aspect of the servKe at the beginning of the fcIal year. thk8 was delayed until July. so we received further Housing 8enefit payments of £13.109. Our final SM8C funded seNKe comes Ihro(KJh general cMn fvnding (rather th specialist mental health funding) as part of our partnersh) to provttle tho Communty Infomialion Hubs seNice with Soh'hull Age UK.. where we are provided £139.170 to deliver the SpeualI MenL heatih 8enefrtslDebt and outreach Infomialionladvice aspect of the seFViCe. Happily. we continue our posihve relationship with the k¢al Elizeth Creak Trusl. and receive(l oui annual grant of £10,000 towards the HortKUllU prciect." we 0 broughl in £3.923 in incom& from plant ss. Our general fund raisingldonations this year raised £26, 814 - aThJ inckKled a wide range of smal charitable donors from the local community who have raised funds through Iccal businesses, pub collectK)ns, coffee mornings. street parties, sponsored km.ke rKle5. maTrlhon5. s¢hoc4 ron-unrform days. community fvndraising group$ such a$ the Inner CiTcle. SoroplKnists. Lh)ns and Rctw clubs. aid many other creative ways,. as well as donations folcwing our ment health Awareness to community groups, bcal schools and Solihull college. plus our current relalion$hip wrth Birmingham "Tl. In addrtion lo this h)cal fundraising. we recewed a largè One grant of £99.563 from the Hcrfne OffKe natK)nal Suicide Prevenl¥)n fund in March 2022 Ithe highesl paKI for Sing bofough organisathin) to refund us for expend(iure we had already made from our own reserves to provide addrtional support arouThJ suith prevention 0 buihyinglservice delivery adjuslmenl regarding Vid restrictions allowing lo allow earf CesS to Wnportant mental heabth servKe5. These costs had pVious been agreed as necessary and urgent eXndituTe by the Board, and therefore reserves had beerb allocaled to cover expeThJiturg of equipment aTrJ staff., our sUcS with this bid all¢)wed our reseNes lo be replaced arKI stil available lo us for future needs. The remaining income of £6,194 was Teceived because of One re.bale5. VAT retums and olher repayments and miscelaneous i[e. Our total expenditure in 2021122 was £482.090 - giwr¥J us an excess of lic(e over expendrture lor the year of £171.082. By far our majur area of spdIng Stsffing costs - including stsffjvolunleer travel and training costs - which in 2021122 was £396,713, representsng 82% of total wsls. and an11 % increase from the previous year. This increase is due to Ihe lift¥KJ of covKI restriclions in autumn 2021 all¢)wing us to recruit stsff for our extended Crisis eafé and benefils servtis. These costs rise again 2022123 as this represents only a 5 month penod. and in ajdition lo a fum year of saLgrylrunnw)g cosls. Ihere is also fi'xe(I rate NJC salary increase which will ajd around a fLTrrther £22.rJxi lo the 2021r22 costs. Page 5
SOUHULL MIND (LTD) (REGISTERED NUM8ER: 10716%31 REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022 ACHIEVEMENT AND PERFORMANCE Internal and Extemal Overall expendrture is broken down oito 4 bast areas". 'Chaiabla actmth. costs.. 18 the manlal health S8rvices we deliver which in 2021122 cost £417.640 and represented of our total expen(lilure,' Organisalion Supportlmanagemenl costs". ie Manag1 seNces and stsff £35.95217%1" Governance costs. ie the costs linked lo the running of the charItyld Company £16.51513.SQAI and Costs relating to generating income.. 18 staff lime and other resour put rto fijndraising. pparIng bids etc £11.983 (2.59AI - note this will go up Substsntialy in 2022r23 as we Work a $peciah"st fundraiser to supp)rt us in this area. At the end of the 2021f22 fInarla1 year our fixed assets {bUthJIrvehK1eslcaprtal equip) stood al £1c,6s9". an¢J our current Cash as$els al £749,264 givirvJ us overall assets of £849,923. This f&uTe represents a yrovhh in resefves of £171.082 over se hebj at the end of March 2022." and means we are currently holding nearly one year and nine months of our 2021f22 annual running costs. The main aSon for the ireaSe in reserves this y, was a combination of the success of our orwff SUlde Prevention funding bid of nearty £1C>O.000. and expendiiure savings due lo the delay in implementing the Crisis Café exlensKJn contract, durirvj Ihe paTrknic.' neither of these are likely lo reoccur in future years. Although l is Positive - espe¢i at thi$ drfficutt time - that we were again able lo increase re$erves in this fancial year, and have solKI resew., thL8 may have a short-term negati impact on our ability to bring in erther replacement furKIMig for any contra£ts may b)se or grants lor new work. as some fun(ler$ may still feel our level of reserves t tcA hvjh. However, in IUre years, if we want to maintain current 1gVg1s. we are likely lo requirg reseNg$ 10 allow us time to k)ok for replacement fundwig witht halkn'ng valued services- startiThJ in 2022123 with the loss of £84,653 SM8C Sttial Care funding for our OASIS contract. With the Fh)u%ng. Counselling. Crisis café and 8ènef((slDebl and Information Outreach seNKe ¢onlracts all beir¥J up for fatendering Tr4Mhin the next 2-3 years as well as the current seNices whth are funded through donions and eamed income where reserves aro also regularty needed lo topup income - feel that it is appropriate at this lime to maintain a hher than normal level of resms until Ihts peithl of uncertainty has passed. Page 6
SOLIHULL MIND ILTDI (REGISTERED NUMBER: 107169631 REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022 FINANCIAL REVIEW Reserves polky Throughout the financial year. TrusteeslDwectors continu8d to monitor Ihe financial progre55 of the organisation through quarterfy budget reconcillions presented at the Board meetings trom the Financial sub-group. In addition to setting al managiry the budw. the Fina101 SLtJ-group arKI Board of Trustee$1Te¢toTs l<)ok al funding (•portunils for current'al nsk. sere delivery ar8as. as wem as any n8W areas of seice need vthich may be Mlenlifd. All fvThJraising lmI are in fte with our Ethra Fundrais¥)g pdy. The TrusleeslDirectors annually remew the nature of the inccthe and expenditure streams, the need to mch varia>le Incom8 with fad commitments, and the nature of Ihe reserves in order lo decide on the level of reseryes reqiwred lor the charty to be managed efficnlty and to enable future services to remain uninterrupted. Issues to considerwthen deading the approprle knel of reseryes arnl their use include.. Opportunity to accrue r8s•r¥es Reserves are usualty xcrued thwh indmdual and e¢wate donat, fundraising evenlslsales, one off grants and maximjsing income thrcwjgh careful expenditure. Wth Unre$trKted Income - vthKh vs the m74orty of tr fundirKJ - reserves can be accwed over tlne where organisalions have serVe conlr¥ls which allow Ih8m lo keep any underspend rf they are able lo deliver the required level of service for lower costs than estimated - eg Dlylgardeninglsome admin adivities elc may be able lo be providad by volunteersltrustees at zero cost. This. of ccMJrse. works the other way as well, as any additional unexpecled expenditure over the witracl musl be cled by Solihull Mind. oteasn81ty. reserves can 4ainsl an organisation as some fundersftrusls do not like to give grants lo organisalions whh appear to hobj high levels of reserves - even where these are requThl lo ensure the eonlinuty of vrtal 5ervi¢es rf ¢traCt$ are bst- and this may restr our a¢sS to funding new projects which they may feel we furwj oursefves. This is a drfficull area to manage - particularty as sometThes an unexpectedty large donationlone-off grant an make us look more sofvenl th we are. and ¥ could be tumed for funding: whereas this couh only be used lor caprtal itern5 or a short tgmi project as VP canl on th level of indivJual donalionlgranl an annua basis. Where possible we explain to possible funders our 18vel of Yree. rather than yo1. rgserves- where some reseNes are already k)Cated or unsuitable for a particular prqedlneed. Use of reser&*es ReseNes are used lo". Protect the long term delivery and continuty of seThKes - espe¢ialy Ih(Be tunded through short lemi Sources such as Lottery, Ccffiie Relief. Lknyds etc. whth rIY require shorl periods of conlinuity funding sthen the prqecVseNices er or move fundiNJ swrce. Provide seed money for research and devekpmenl of pilot proiecls in advarKe of sacuring bnger tèmi funding. Ensuring the upkeep of the prwrty al any major repairslalteralmyts required shouW we neod lo expand the building or make changes due to the reqrernents of emplOent. disability or heath and safety legislation. Ensufe there are enough funds to cover any r&Jundancy costs that may occur to servicelfundin9 withdrawal. Levevforni of reseNes TrusteeslDiredors are required lo decKle the level of rv3erve5 required. aThd in Ythat form (shares. deposit account elc.) they wll kgep tM in order to maxwnise inecffie while retaining acSsibIlity to funds. It has previousty been the aim of Mirnl lo hold a minimum of 9 months running costs (currently around £375.000) In order lo enable the continuation of seM¢es whk replacement funding is found. These funds will be retained within our ba¢ deposil account so as lo ensure a of stabilty during a lime of funding difficulties. 11 is also ackn¢)wledged that the majority of our staff have been with the organisatvjn betsveen 15 - 25 years, so hher leveLs of reseryes need to be relaine(I lo protect redundancy payrnenls should Servi eonlracts not bè renewed. Page 7
SOLIHULL MIND ILTD) (REGISTERED NUMBER: 107169631 REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022 FINANCIAL REVIEW Reserves policy A$ in previous years, our of cash reserves1£749,264 at 3113r2022) is atrx)ve the minimum 9 months of running costs we aim lo maintain.. vthich has us to contsnue lo Support under-funded services whi we l¢Jok for longer term funding wthoul putting the ganISatIon at risk. AdditKnally. at this partvIar lime with natKJnal uncertainty about funding cost of INill9 increases. p)ssd)le changes due lo new NHS service cornmbssioning prccedures. and with 4 01 our major ContrlS ccffing up for renewal over the next 2-3 years. the Board feel Ihat It is prudent to try and maintaHI protected Tesetwes at a hher level of around £500.000 for thi5 period, to ensure al least one year serwce ContUrtY across all major Service areas should il haFpen that al current contracts end., albwing sLibilrty for our Werm Serm users while new funding sources are sIht. Note Ihal there is no partKular reason try us lo beIve our contrtS are under threat, but havin9 reserves allocated lo underpin core services during these diffUtt twnes wil help provide service stability and redu anxiety for pe4)le who use and proNide our servres at a tyne when we are able to do so for al18asl the next contract rev5ew cycle. For this reason, as outlined in the finala1 revvw above. the Board of TrusteeslDirectors will be regulady monitoring the budget position and level of erVeS used aga$1 se deltvery. lo ensure the cffganization is not pul in finanaal danger. DeciSn$ the use of reserves be m•Je by Ihe Mind Board of TrusleefJDirxlors. Use of reser¥es Reserves are used to.. Proled the long term deliw continuty of ser4ices - espeCIty those funded through short term sources such as Lottery, Comic RelEf. Lloyds et¢. which regulty require shc<( perv)ds of continuity funding Nthen the prqecvservs end ¢X m¢)ve funding sOUe. - Provide se8d mon8y for research and enI of pih)t projects in advance of securing kjnger temi funding. - Ensuring the upkeep of the propety ar any major reparslamerations requirèd should we need to expand the building or make changes due to the requirements cl employTnent, dl11ty or heatth and safety gislalion. Ensure there are erb)ugh funds to cover any rgjundwy >sts that may wcur due to servicelfunding withdrawal. Pa9e 8
SOLIHULL MIND ILTDI IRE<>STERED NUlJlBER: 10716963) REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022 FINANCIAL REVIEW Lwevfomi of reserves Directors rhe8d to deade the level trf reserves required aThJ in what fomi (stsres. deposit a¢Unt elc.) they 11 keep them in ¢yder lo maxirnise wthile retainiro ss.Y to fvnds. tt has preu$1Y bson Ihe elm of Mind lo hohd a minlmvm of 9 months runn costs l¢urrenty arovnd £375.OQOI in older to enable the continuation of swvrns vthile repemenl funding s fr)und. These funds wll be rèts41otJ wlthin our bank depos(t accounl so as to ensurn a pw¢JJ of stablty durwwJ 8 time of funding difficuttie5. It is a0 a¢knov4fe¢Jged that the rnal.ty of our $laff Ikive been with th• organisation bean 15- 25 years. so huher Is of r8sems need to I relattd to prctect redundancy payments Shts service ¢ontr8ds nol be newed. As in Pl0VK)us years. our current le of r¢59r4ps has been above the minynum 9 month5 of runniig costs we aim lo malntsin" has all0d us lo Gontiue to SUPFQrt rtty. or unfund•J services - eg telephone support. the Horb¢utturelconseNath)DJsp%yt ple¢L artImuS ses5ion5 ¥Th1 thg Outmind LGBTQ support group - while VR kK)k for bThJer term fun(kng. For Ihis reason. as (Mjth'ned in the fala1 rev abo. the Board of tlirectors 111 be regularfy MOThtlng the budw WSIti and le1 of Sem deli¥&Ery %th181 these altemative funding sources are soughL to th8 is rK)I prt in daryèr Deck81ons on the use of reseThe8 wll be made by the MIKI Bowd of D¥ethys. FUTURE SERWCE DELIVERY The Annual DelNery pkn8 fty trf)Ih 2021r22 and 2022r23 Set oul bcth strat8gic aims1organi11onal leCtives", as 11 as the 8ervice amns. targets fundiro swrces arKI Monit19 detai15 for seryice area,. and l¥ghlwJhl the main SueS and acixins I9vanI io exh rn. This 15 up by the Board'8 d1) to yotect enough reserves for thi8 whh will b8 able to cover sem(* dolrvwy costs for at knl a to alo#other Thxrfne sources lo be Sought. The delNery of Ihe AnnLral pkns is thè respjnslxltyof the Board of TnJstee51Directors in conlunctw wlh the Mind ch Executsve Offrer. and monknr&J Ihrough the quartety meetings An 0ra11 reviewliisk assessmenl of Ihe organiZab takes place annualy. and delrrf. fmances. organ28tsonal diversty, Qualily. Heamh and Safety. olher relevant i55ue5. This report has been prep¥red in accd¢¢ the provisions of Part 15 of the Companie8 Act 20C6 relating lo small coMpans. App by order of ts board of trustees IM .... ... ... ... . and signed on ts beha¥ by.. D Skerret - Trustee Page 9
INDÉPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SOLIHULL MIND ILTDI (REGISTEREO NUMBER: 107169631 I report on the accounts of the company for the yw ended 31 Mh 2022. which are set Jt on pages eleven to nty one. Re5ponslbilltles and basls of report As thé charrtls trusl88s {and also the dyectors for the pur1e5 of company law) you are responsiblg lor the preparation of the alunt5 in aecordanee with the rernents of Ihe C(xnp)ies A¢1 2006. Having satisfi.ed mysety th the chanty is not SU"eCt to audrt ur¥Jer company law and is elwJitrJe for independanl examinatw)n. I have exwnned your acccmjnts as required under sect 145 of the Charities Act 2011 {'Ihe ACYI. In carrying out my examination I have fo*ed the fAre¢lKJns 9rven by the Charity Commissifm uNler seclk)n 145(51(bl of th8 2011 Aet. role is lo slate whether any material matters he to my attenti gmng me cause to bele¥e.' that accounling records V•ere nol kept as required by secticffl 386 of the Companies kt 2006: or that the aceounts do Th)t &cord with those reccAds'. or that the accounts do not comptywth the accounling requirentS of section 396 of the Companies Act 2006 and th the meth¢x15 and principles of the Charities Slatement of Recommended P¥actice applKable lo ¢harbties preparing theT accounts in rdance the Financol Rewiing Standard applicable in the UK and Republic of Ireland- or that therè is lurthef information need&J for a pr¢)per undefstsndw)g of the accounts. Indep¢ndent examlnerfs statement Since your chaTrtVs gross income exceeded £250.(KM) your examiner must be a member of a lisled bo(ly. I can confirm that l am qvalrfied lo undertake the exaninatw)n because I a regisler&J member of ICAEW wh¢h is cth of the lisled tles. I have completed my exanination and have no concerns in respect ol the maiters11} to14} listed above and, in connectn with fOllNg Direcli0 of Ihe Charty C¢JmMiss1n I have fojjnd no matters that require drawmg to your attention. Jeremy Kilson FCA SCAEW Prime Chartered Accountants Corner Oak 1 Homer Ro Solihull B91 3QG 2510112023 Dale.. Page 10
SOLIHULL MIND (LTD} STATEMENT OF FINANCIAL ACTMTIES FOR THE YEAR ENDED 31 MARCH 2022 2022 Total funds 2021 Total funds Unrestrl¢tgd Restr4Cted lund fund INCOMING RESOURCES Incomlng resou¢$ from gefièrated funds Voluntary income Aelivities for generating funds Investment income Incoming resources from charitab actIvio$ ProvssDn of Mental Health SeThKes Other Incomlng resources 26.814 3,923 26,814 3,923 41.400 2.112 74 61Q506 3.930 61805 3,930 662,036 6,880 Total Incoming r•sources 651.173 1.999 653,172 712.502 RESOURCES EXPENDED ¢)sts of generatlng funds Costs of generating YOntary inccthe Chailtable activities ProwsKin of Mental Healh SerNic8S 11.983 11.983 11,828 470.107 435,175 Total resources expended 479,827 2,263 482.090 447,003 NET INCOMINGIIOUTGOINGI RESOURCES 171.346 (264) 171,082 265,499 RECONCILIATION OF FUNDS Total funds brought for4¥ard 676.779 2.0S2 678,841 413.342 TOTAL FUNDS CARRIED FORWARD 848.125 849.923 678.841 CONTINUING OPERATIONS All incoming resources and resour expended arBe continuing aetivil*s. The Th)tes fomi part of these financial statements Page11
SOLIHULL MIND {LTDI {REGISTEREO NUMBER: 10716963) BALANCE SHEET AT 31 MARCH 2022 2022 Total funds 2021 Total funds Unrestrlcted Restrlctod fund fund Notes AXED ASSETS Tangible assets 10 98.861 1.798 1.659 105.8 CURRENT ASSETS Debtors Cash at bank and in hand 11 16.295 767.882 16.295 767.8B2 15.680 585,605 784.1TI 7W177 601,285 CREDITORS Amcmjnls faling dwh1n on& year 12 {34,913) (34.9131 128.2501 NET CURRENT ASSErs 749.264 749,264 573,035 TOTAL ASSETS LESS CURRENT UABIUTIES 848,125 1.798 849.923 678,841 NET ASSETS 848,125 1.798 849.923 678,841 FUNDS Unreslricled funds Reslncted funds 14 848.125 1.798 676,779 2,062 TOTAL FUNDS 849.923 678,841 The notes fonn part of these financ sLitemenls Pagg 12 continued...
SOUHVLL MIND (LTD) (REGISTERED NUMBER: 10716963) BALANCE SHEET- COPINUED AT 31 MARCH 2022 The ¢haritable corrpany is ent119d lo exp1Th from aud uNlei se(1¥ 477 ofthe Comparoes Ad 2006 the year ended 31 Marth 2022 The manljgrs ha ncl required c(w to cthin an audbt d ts ancIal stalemerts for the yw ended 31 March 2022 Vlilh SA)n 476 cl the Act 21Xfi. The trustees &knowl8dg8 thew reSpCS1Ies for (a) ensuring that Il tharitabb compry keeps r•ccKth that cLpth Sections 3a6 and 387 of the Compantes Acl 2¢yJ6 and (bl preP¥g financial srneAts whh give a irue and f"r of the st of affa¥s of the ¢harit8bl company as al thè Ènd of èh fmanciat JEar of its SUry)S or t1efi¢l for each firncIal year in accordance wilh the requir?ents ol sln5 394 and 395 and which otherwise Comp with the requiremenls of the Companies 20C6 ielaling to fJnaKk41 sLthments. so far as aFplicable lo the ¢haril•blo company. These fIrncl81 3tslements have been prepaj In cord speual provisicffis crf Part 15 of the Companies Ad 21Th relatirg to chaiilable smal C¢mpan. The financial ststements vrne apVnd by the 8oard of Tntstees on ............. svJned on its behaff ty. D Skerret-Tru8ke li Skib8-Trusl8e The nctss fomi tArt of trese fmn(aal stslemenls Page 13
SOLIHULL MIND ILTDI NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENOED 31 MARCH 2022 ACCOUNT114G POUCIES Basls of preparing the financlal statements The finangal stalgments of the chantsble company. whh is a public benefit entty under FRS 102, have been prepared in accWIce vthh the Charities SORP IFRS 102) 'Accounling and Reporting by Chanlies.. Stslemgnt of Recommended PraCte appltable to charities preparing their accounts in accordance wrth the Financol Reportsng Standard appluble in the UK and Republic of Ireland IFRS 102} {effeclive 1 January 2019)., Financial Reportw Standard 102 'The Financial Reporting Standard appltsble In the UK and Repubk of Irelanrf and the Companw Act 2006. The financial statements have been prepared under the histoncal cost conventwl. The accounts have been prepared in st8rh"rb31£) vthich LS the fvndJnal currency of the entity. Aceountlng conventlon The fi'nancial statements have been pr9pared under the hBtorvl cost convention. the Companies Act 2006 and the requirements of the Statement of RewnmerKled Practice. Accounting and Reporting by Charities. Exemptlon from prnparing a cash flow statgmgnt Exemption has been taken from prepanng a cash Ikmf Statement on the grounds that the charitable company qualifies as a small charitable c(Thpany. Incoming r•sourc All c(Ing resources are irKluded on the Statement ol Financial Actiwiies en the charity is legally enlilled lo the income and the amount can be quantrfEd reanable accuracy. R•sources exp•nd•d LIabItst are recognised as expenditure as soon as Ihere is a legal c cortstrvctrye ¢ligaIn commrtting the chty to that expoThJrture, rt Is probable that a transfer of econom benefrts wdl be required in settlement and the amount ol the Obligath can be measured reliabfy. Expendilu¥e is accounted for on accruals basB arKI has been dassrfied under headings that aggregate all cost ielaled to the category. Where costs cannot be directty attruled lo partulaT headings they have been albcated lo acINit$ on a basts conStent ¥h the use of resijurces. Irrecoverable VAT is charged agwnst the category of reurCeS expended for whh it was incurred. Tanglble fixed assgts Deprec0tN Is prOded at the folkMI"ng annu rates in order to vrfile off exh asset over ils estimated useful lrfe. Freehc4d property Improvements to propety Fixtures and fthings Motor vehicles Computer eqUrrbt - 2% on cost - 10% on cosl . 2 on cosl - 25°h on cost - 33.33% on cosl Taxation The eharty is exempt fr7 C¢)rFQratn tsx on ts ¢hwitable activi. Page 14
SOUHULL MIND {LTDI NOTES TO THE FINANCIAL STATEMENTS- CONTINUED FOR THE YEAR ENDED 31 AIARCH 2022 ACCOUNnNG POLICIES- continued Fund accountlng Unreslrrted funds can be used in accordarKe wthh the charilable o'gCtNe$ at the dIretIOn of the trustees Restricted funds Can onty be used for paular $trted purposes within thg 0.9¢1$ of the charty. Restrictions anse wthen specrfied by the dLr or wAn funds are raised for particular r8slricted purposes. Further eXplanat)n ol the nalure WKI PurFe of each fuThY is mckKled wi the notes lo the financial stslements. Penslon costs and other postaretirement beneffts The charrtable company operales a delid cOntrut)n pension seheme. Contributions payable to the harrtable eompanls pens scheme are charpj to the Statement of Fn¢la1 Activils in Ihe period lo which they relate. VOLUNTARY INCOME 2022 2021 Donatsono 26,814 41.397 26.814 41,400 ACTMTIES FOR GENERATING FUNDS 2022 2021 Plant salgs 3.923 2.112 INVESTMENT INCOME 2022 2021 Oeposrt account interest 74 INCOMING RESOURCES FROM CHARITABLE ACTMTIES 2022 Provlslon of Mental Heafth SÈNI$ 2021 Total liwts'es Grants Rental Corne 605.396 13.109 594.562 67.474 618.SOS e62,036 Page 15
SOLIHULL MIND {LTD} NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 MARCH 2022 INCOMING RESOURCES FROM CHARITABLE ACTMTIES - continued Granls received, in¢lded In the knve. are as fcknts" 202Z 2021 Solihull M8C Solihull CCG Age UK Ehzabeth Creek Tnt mIellane9us SuicKle prevènkn.on fund Other grants 84.653 246.466 139,170 10,000 4.694 99.563 20MSO 84.653 344.1S5 110.625 10,000 11,500 33.629 60S,396 594,562 CHARITABLE ACTIVITIES COSTS SupFK*rt Dlr¢ct costs Totals Provision of Mentsl Heatth Ser¥Kes 417.640 52.467 470,107 NET INCOMINGIIOUTGOINGI RESOURCES Net resources are stated after chWgingl{Cred'ng).. 2022 2021 DeprecialK)n- owned a$s8ts Other pension costs Independent examinat fee 8,149 26,820 4,S30 6.871 26.507 6.250 TRUSTEES. REMUNERATION AND BENEFITS There were no tru$tees' remuneratp)n or other benefts fty the 8Thled 31 March 2022 nor for the year ended 31 March 2021. Trusteo5' expense5 There We no truslee¥' expenses paid for the year ended 31 March 2022 nor for the year ended 31 March 2021. Page 16
SOLIHULL MIND {LTD) NOTES TO THE FINANCIAL STATEMENTS- COMTINUED FOR THE YEAR ENOED 31 MARCH 2Q22 STAFF COSTS 2022 2021 Wages and salaries Social secuity costs Other pension costs 339.149 30.744 26,820 308,953 22,399 26,507 396,713 357.859 The avefage monthly number of empbyees duriThJ Ihe was as folicws: 2022 16 2021 12 Empl¢)yèes No empbyees receNed em0ments in excess of £60.0. Pa9e 17
SOLIHULL MIND ILTDI NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 hlARCH 2022 10. TANGIBLE FIXED ASSETS Freehoklmprovgmgnts Flxtures and property to property rittings COST Al 1 Apnl 2021 Addrtions 91.654 1.850 At 31 March 2022 91.654 6.25B DEPRECIATION Al 1 Apnl 2021 Charge for ye 2.188 1,877 580 1,429 1.857 Al 31 March 2022 4.065 3,286 NET BOOK VALUE At 31 March 2022 87,589 1,79B 2.972 At 31 March 2021 89.466 2.062 2.979 otor vehicles Computor equipment Total COST At 1 April 2021 AdditM)ns 11,870 3.122 1.1S2 113,696 3,002 Al 31 March 2022 11.870 4.274 116.698 DEPRECIAnON Al 1 April 2021 Charge for year 7.890 8.149 2.968 1.183 At 31 Marth 2022 5.618 1226 16.039 NET BOOK VALUE Al 31 Mah 2022 6.252 100.659 At 31 March 2021 9.220 2.079 105.8C 11. DE8TORS: AMOUNTS FALLING ()VE wfTHIN ONE YEAR 2022 2021 Tre debtors Other debtors 10.644 5.651 8.625 7.055 16,295 15.680 Pa9e 18
SOLIHULL MIND {LTDI NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENOED 31 IMRCH 2022 12. CREOITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2022 2021 TaxatKffi and Sla1 securty Other credrtors 8,17Q 26,743 6.816 21,434 34.913 28.250 13. OPEFiATING LEASE COMMITMEKrs Minimum lease payments under nor¢1 cyerakng SeS fal due as follows.. Other operatlng leases 2022 2021 Expirng., Wi(hin one year Beten one and fNe years 1.140 3.705 1,300 1,300 14. MOVEMENT IN FUNDS Net movwnent in funds At 1A.21 At 31.3.r2 Unrestrlcted funds General fund 676.779 171.346 848.126 Restilcted funds Provision of Mentsl Heatth ServKes 2.062 1.798 TOTAL FUNDS 678.841 171,082 849,923 Net m¢)vemenl ffj fuTrJs. included in the are as f1¥$.. Incoming Resources rnsources expended Movement in funds Unr•stricted lunds General fund 651.173 (479.8271 171,346 Re5trlcted fund5 Provi5KJn of ment Health Services 12,2631 1264) TOTAL FUNDS 653.172 {482.0901 171,082 Page19
SOLIHULL MINO ILTDI NOTES TO THE FINANCIAL STATEMENTS- CONTINUED FOR THE YEAR ENDED 31 MARCH 2022 1& MOVEMENT IN FUNDS- c¢)ntinued Comparatives for movgment In funds movement in funds Al 1.4.20 At 31.3.21 Unrestricted Funds General fund 411.01S 26S.764 676,779 R•strhctod Funds Provi$KJn of Mental Health SerVe$ 2.327 12651 2,062 TOTAL FUNDS 413.342 265,499 678,841 ComparatNe net movement in fuThJs, in the *)ove are as fc•xs'. Incoming Resourc kknvement in resources exponded funds Unrestricted funds Geral fund 710,503 1444,739) 26S,764 Restilcted funds Prows1 of Mental Health S¥8 12.2641 {2651 TOTAL FUNDS 712.502 1447,003 265,499 A current year 12 months arrtl prior year 12 mcmths ccmbined posrth)n Is as foltows.. Net movement in funds At 1.20 At 31.3.22 Unfostricted funds General fund 411.015 437.110 848,125 Restricted funds Provision of Menta Heallh Serv 13Z7 15291 1.798 TOTAL FUNOS 413.342 436.581 849,923 Page 20
SOLIHULL MIND ILTD} NOTES TO THE FINANCIAL STATEMENTS - CONTINUED FOR THE YEAR ENDED 31 MARCH 2022 14. MOVEMENT IN FUNDS- contlDuod A current year 12 M(thS and prw year 12 mcth cc¥nbThd net movement in funds, included in the above are as follows. Incoming Resourcès resourees expended Movement In funds Unrèstricted lunds General fund 1.361,676 (924,586 437,110 Restrict funds Prowsion ol Menlal Health Serv (4.527 {529 TOTAL FUNDS 1,365.674 {929,093) 436,581 1 S. RELATED PARTY DISCLOSURES There were Th) related party ttansxtNJn5 for the perKxJ ended 31 March 2022. Page 21
SOLIHULL MIND ILTDI DETAILED STATEMENT OF FINANCIAL ACnVITIES FOR THE YEAR ENDED 31 MARCH 2022 2022 2021 INCOMING RESOURCES Voluntary income Gifts Donations 26.814 41,397 26,814 41,400 Activities for generatlng funds Plant sales 3.923 2,112 Investment Income Deposit account nlor8St 74 Incomlng resources from charitable activitles Grants Rental income 605,396 13.109 594,562 67.474 618,505 662.036 Other in¢omlng resourcgs Other incfmiry resOUe$ 3.930 6.880 Total Incomlng rtsourc•s 6S3,172 712.502 RESOURCES EXPENDED Costs of generatlng voluntary Inc¢%ne Wages Social securty PensvJns 10.039 1.141 803 10,039 1.143 646 11,983 11.828 Charltabl• actfvities Wages Social secuiity Pensions Rates and walar Light and haal TePhOn0 and serVe char9es Postage and ststionery Sundries Cleaning Training Housing Assooation Fges Carried forward 288,952 25.037 22.804 13.094 3.068 3.234 4.942 13,003 2,552 1.087 10,615 388.388 258,757 16,685 23,277 15.809 3,800 6,924 15,921 2,963 10.481 359.310 This page does not f¢)rm part of the statutory financial 5L*emen15 Page 22
SOLIHULL IAIMD ILTDI DETAILED STATEMENT OF FINANCIAL ACTivmES FOR THE YEAR ENDED 31 IAARCH 2022 2022 2021 Charltable acllvilios Brought forward Motor expenses Staff and Volunleer expenses Events Seeds, pknts, etc Arts Repairs and maintenance Freehold property Improvements to property Fixtures and fittings )tor vhleS Computer equIpent 388.388 1.618 4,011 2.423 S.518 2.657 4.878 1.877 264 1.856 2.968 1,182 359.310 2,238 2.809 980 3.489 35 7.482 1.877 264 1.305 2.457 417,640 383.213 Support Costs Management Wage$ Sockal security pengn8 30.118 3,424 2.410 30.118 3.428 1.938 35,952 35,484 Gov•rnance COBts Wages Social security Pensions Indepen¢Jent eXinatIC 10.040 1.142 10,039 1,143 4.650 16.515 16.478 Total mources expgnded 482,090 447.003 Not Income 171.082 265.499 This page doe5 I1 form part of the statutoryfinancol stalements Page 23