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2021-03-31-accounts

Charity registration number: 1180346

Nottinghamshire Mind

Annual Report and Financial Statements for the Year Ended 31 March 2021

Community Accounting Plus Units 1 and 2, North West 41 Talbot Street Nottingham NG1 5GL

Nottinghamshire Mind

Contents

Reference and Administrative Details 1
Trustees' Report 2 to 4
Statement of Trustees' Responsibilities 5
Independent Examiner's Report 6
Statement of Financial Activities
Balance Sheet
Cash Flow Statement
Notes to the Financial Statements		 7 to 8
9
10
11 to 21

Nottinghamshire Mind

Reference and Administrative Details

Trustees Roger Stendall Derek Adlam Dawn Betts Tracey Campbell Paul Radin John Hunter Aimee Sims Amanda Fletcher Haley Thompson Senior Management Team Nicola Bacon, Chief Executive Officer Nicola Rea, Service Manager Principal Office 6 Hardy Street Worksop Nottinghamshire S80 1EH Charity Registration Number 1180346 Bankers Unity Trust Bank plc Nine Brindleyplace Birmingham B1 2HB Independent Examiner John O'Brien, employee of Community Accounting Plus Units 1 and 2, North West 41 Talbot Street Nottingham NG1 5GL

Page 1

Nottinghamshire Mind

Trustees' Report

The trustees present the annual report together with the financial statements of the charity for the year ended 31 March 2021.

Trustees

Roger Stendall, Chair

Derek Adlam, Vice Chair

Dawn Betts

Tracey Campbell Paul Radin

John Hunter

Aimee Sims (appointed 14 December 2020)

Amanda Fletcher (appointed 14 December 2020) Haley Thompson (appointed 28 October 2020)

Structure, governance and management

Nature of governing document

The charity is operated under the rules of its CIO - Association registered on 17th October 2018.

Recruitment and appointment of trustees

A Trustee skills audit is undertaken to identify gaps in skills, then the Trustee vacancy is advertised and promoted via local networks and by placing an advert on the website. The potential Trustee is interviewed by the Chair or Vice-Chair, they will observe a meeting and if successful will be elected at a trustees' meeting. New trustees are put on an induction programme.

Major risks and management of those risks

Main risk

Sustainability of core programmes in current climate, the support from the local authority sector is unpredictable and there is always the risk of demand outstripping resources.

Objectives and activities

Objects and aims

To promote the preservation of mental health and to assist in the recovery of persons in Nottinghamshire suffering from mental ill-health or conditions of emotional or mental distress requiring information and support.

To promote the study of and research into mental health and emotional well being and to obtain and make records of and disseminate information concerning the same and educate the public in matters relating to mental health.

Objectives, strategies and activities

The development and delivery of counselling and talking therapies, one to one and group based support, information, education and training.

Page 2

Nottinghamshire Mind

Trustees' Report

Public benefit

Provide information and support to understand self and conditions, build emotional resilience, tackle isolation and deal with issues at the heart of emotional distress, improve life skills and chances, engage with communities.

The trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.

Achievements and performance

During this period we have developed and delivered the resilience programmes on behalf of Nottinghamshire Healthcare Trust.

We have delivered digital counselling support; support and training to corporate businesses; expanded the community support and service provision across the county and developed partnerships with key mental health providers across the city and the county.

Financial review

The organisation is in a sound financial position. Rapid growth has been approached with caution and robust management. An increase in reserves reflects the size of the organisation.

Policy on reserves

The Charity has a detailed reserves policy and ensures there is sufficient reserves to cover at least three months of the organisations total running costs and also ensures provision is made for major maintenance or repairs, replacement of equipment and staff redundancy costs.

Plans for future periods

Aims and key objectives for future periods

Nottinghamshire Mind has a 3 year strategic plan and within this it will adhere to its core aims and objectives. Nottinghamshire Mind will exist to provide support, information and guidance on mental health issues. Our vision is to ensure that everyone experiencing a mental health issue gets support and respect.

Nottinghamshire Minds goals are to: Encourage holistic wellbeing; Empower choice; Improve services and support; Enable inclusion; Improve resilience; Remove inequality; Raise awareness; Encourage personal development and recovery.

Page 3

Nottinghamshire Mind

Trustees' Report

In terms of organisation structure and reach Nottinghamshire Mind will continue its ambitious path to become the key mental health charity for the region. The bringing together of smaller Mind groups across the county (Central Notts, Bassetlaw and Newark) has given a streamlined set up. Access to funding for core provision and service level agreements is now simplified. CCG’s and other fund providers are pleased to deal with one organisation and cover a wide area not only geographically but also in the variety of services meeting ever growing needs. It is also beneficial in working with third sector partners and these will be key as we move forwards. We now provide support in parts of the county where no local Mind provision existed. The promotion of a single identifiable brand and the proactive work of the CEO and managers is providing growth across an increasing range of mental health areas as was seen in the last review (October 2019) by trustees of our Strategic Plan (April 2019-March 2022). Challenges and setbacks are seen as development opportunities.

Grants from large organisations, the Local Authority for example, have significantly decreased in recent years. The nature of accessing money has changed a great deal. The CEO’s success in accessing funds for provision is first rate and includes promoting a business development model gaining income from services such as counselling, training and dementia care. When funds are available, from the Healthcare Trust or CCG’s for example, we are well placed to be a chosen provider thanks to a growing reputation for reliable and quality services. Continuous hard work has made this possible.

Our ways and places of working, have evolved to reflect demand, funding streams and client needs. The two buildings owned are not the only places where services are provided. (In fact the flooding in a previous winter, of the Worksop Centre, has not affected services and we are seeing it as another improvement opportunity!). Various centres are used by staff to set up provision; cafes, libraries, CAB, and district councils are often supportive in providing centres. Recruitment and deployment of staff is crucial and handled in a caring professional manner. We have been fortunate in the quality of those recruited. Trustees request that staff come to board meetings to discuss the work they are involved in and this has proved to be beneficial in increasing understanding but also encouraging a holistic and collegiate approach. The nature of funding streams means that some staff are on short term contracts but this is understood by all parties and well managed. This pattern will continue so having the structure to reflect it is vital.

A main concern for the future might be managing our success. Since the setting up of Nottinghamshire Mind the growth and demand for services has been huge. In the last couple of years our involvement has become more diverse and far reaching. The leadership and management has reflected and responded to growing need which will only continue as mental health receives increasing media and government attention. I am confident we are well placed to respond and develop. Importantly finances are in a healthy state and we are determined to hold strong reserves.

Activities planned to achieve aims

In 2021/2022 Nottinghamshire Mind will focus on the following key aims:

Thanks

Nottinghamshire Mind acknowledges the increase in community support from local individuals and businesses. Donations have exceeded the annual target and a total of £90,000 have been able to underpin the work of Nottinghamshire Mind.

Page 4

Nottinghamshire Mind

Statement of Trustees' Responsibilities

The trustees are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.

The law applicable to charities 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 of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, 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.

Approved by the trustees of the charity on .................... and signed on its behalf by:

......................................... Roger Stendall Trustee

Page 5

Nottinghamshire Mind

Independent Examiner's Report to the trustees of Nottinghamshire Mind

Independent examiner’s report to the trustees of Nottinghamshire Mind

I report to the trustees on my examination of the accounts of Nottinghamshire Mind (the Charity) for the year ended 31 March 2021.

Responsibilities and basis of report

As the trustees of the charity 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 Charity’s accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

Since the Charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member and Fellow of the Association of Charity Independent Examiners, which is one of the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Charity as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting 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.

......................................

John O’Brien MSc, FCCA, FCIE, employee of Community Accounting Plus Fellow of the Association of Charity Independent Examiners

Units 1 and 2, North West 41 Talbot Street Nottingham NG1 5GL

Date:.............................

Page 6

Nottinghamshire Mind

Statement of Financial Activities for the Year Ended 31 March 2021

Note
Income and Endowments from:
Donations and legacies
2
Charitable activities
3
Investment income
5
Other income
6
Total Income
Expenditure on:
Charitable activities
7
Total Expenditure
Gains/losses on investment
assets
Net income/(expenditure)
Other recognised gains and
losses
Gains/losses on revaluation of
fixed assets for charity's own
use
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
16		 Unrestricted
funds
£
494,112
91,116
30
-
585,258
(477,885)
(477,885)
55
107,428
-
107,428
375,637
483,065		 Restricted
funds
£
-
-
-
-
-
(12,261)
(12,261)
-
(12,261)
-
(12,261)
12,261
-		 Total
31 March
2021
£
494,112
91,116
30
-
585,258
(490,146)
(490,146)
55
95,167
-
95,167
387,898
483,065		 Total
17 October
2018 to 31
March 2020
£
221,347
149,897
259
360,626
732,129
(415,837)
(415,837)
(171)
316,121
71,777
387,898
-
387,898

All of the charity's activities derive from continuing operations during the above two periods. The funds breakdown for the period is shown in note 16.

Page 7

Nottinghamshire Mind

Statement of Financial Activities for the Year Ended 31 March 2021

----- Start of picture text -----
||||||||| |---|---|---|---|---|---|---|---| |Total| |Unrestricted|Restricted|31 March| |funds|funds|2020| |Note|£|£|£| |Income and Endowments from:| |Donations and legacies|2|221,347|-|221,347| |Charitable activities|3|112,641|37,256|149,897| |Investment income|5|259|-|259| |Other income|6|360,626|-|360,626| |Total Income|694,873|37,256|732,129| |Expenditure on:| |Charitable activities|7|(390,842)|(24,995)|(415,837)| |Total Expenditure|(390,842)|(24,995)|(415,837)| |Gains/losses on investment assets|(171)|-|(171)| |Net income|303,860|12,261|316,121| |Other recognised gains and losses| |Gains/losses on revaluation of fixed assets for| |charity's own use|71,777|-|71,777| |Net movement|in funds|375,637|12,261|387,898| |Reconciliation of funds| |Total funds carried forward|16|375,637|12,261|387,898| |These|are the|figures for the|previous accounting|period,|17th October|2019 to 31st March|2020, and are| |included for comparative purposes|

----- End of picture text -----

Page 8

Nottinghamshire Mind

(Registration number: 1180346) Balance Sheet as at 31 March 2021

31 March 31 March
2021 2020
Note £ £
Fixed assets
Tangible assets 12 258,348 265,000
Investments 15 251 196
258,599 265,196
Current assets
Debtors		 13 5,416 6,462
Cash at bank and in hand 220,490 119,691
225,906 126,153
Creditors: Amounts falling due within one year 14 (1,440) (3,451)
Net current assets 224,466 122,702
Net assets 483,065 387,898
Funds of the charity:
Restricted funds		 - 12,261
Unrestricted income funds
Unrestricted funds		 483,065 375,637
Total funds 16 483,065 387,898
The financial statements on pages 7 to 21 were approved by the trustees, and authorised
.................... and signed on their behalf by:
.........................................
Derek Adlam
Trustee		 for issue on

Page 9

Nottinghamshire Mind

Cash Flow Statement for the Year Ended 31 March 2021

Note
Cash flows from operating activities
Net cash income
Adjustments to cash flows from non-cash items
Depreciation
Investment income
5
Gain or loss on investments
Revaluation of fixed assets
Working capital adjustments
Decrease/(increase) in debtors
13
(Decrease)/increase in creditors
14
Net cash flows from operating activities
Cash flows from investing activities
Interest receivable and similar income
5
Transfer in of tangible fixed assets
12
Transfer in of investments
15
Income from dividends
5
Net cash flows from investing activities
Net increase in cash and cash equivalents
Cash and cash equivalents at 1 April
Cash and cash equivalents at 31 March
Reconciliation of net cash flow to movement in net funds
Increase in cash
Net funds at 1 April 2020
Net funds at 31 March 2021		 31 March
2021
£
95,167
6,652
(30)
(55)
-
101,734
1,046
(2,011)
100,769
29
-
-
1
30
100,799
119,691
220,490
100,799
119,691
220,490		 31 March
2020
£
387,898
7,716
(259)
171
(71,777)
323,749
(6,462)
3,451
320,738
247
(200,939)
(367)
12
(201,047)
119,691
-
119,691
119,691
-
119,691

All of the cash flows are derived from continuing operations during the above two periods.

Page 10

Nottinghamshire Mind

Notes to the Financial Statements for the Year Ended 31 March 2021

1 Accounting policies

Statement of compliance

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

Basis of preparation

Nottinghamshire Mind meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.

Going concern

The financial statements have been prepared on a going concern basis.

The trustees assess whether the use of going concern is appropriate i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the charity to continue as a going concern. The trustees make this assessment in respect of a period of one year from the date of approval of the financial statements.

Income and endowments

Voluntary income including donations, gifts, legacies and grants that provide core funding or are of a general nature is recognised when the charity has entitlement to the income, it is probable that the income will be received and the amount can be measured with sufficient reliability.

Donations and legacies

Donations and legacies are recognised on a receivable basis when receipt is probable and the amount can be reliably measured.

Grants receivable

Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.

Gift aid

Incoming resources from tax reclaims are included in the Statement of Financial Activities at the same time as the gift to which they relate.

Investment income

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.Dividends are recognised once the dividend has been declared and notification has been received of the dividend due.

Page 11

Nottinghamshire Mind

Notes to the Financial Statements for the Year Ended 31 March 2021

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregates similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset’s use. Other support costs are allocated based on the spread of staff costs.

Charitable activities

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Government grants

Government grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income.

Taxation

The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

Tangible fixed assets

Individual fixed assets costing £500.00 or more are initially recorded at cost.

Depreciation and amortisation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class Depreciation method and rate Land and buildings 2% straight line Furniture and equipment 20% straight line Computer equipment 33.3% straight line

Fixed asset investments

Fixed asset investments, other than programme related investments, are included at market value at the balance sheet date. Realised gains and losses on investments are calculated as the difference between sales proceeds and their market value at the start of the year, or their subsequent cost, and are charged or credited to the Statement of Financial Activities in the period of disposal.

Unrealised gains and losses represent the movement in market values during the year and are credited or charged to the Statement of Financial Activities based on the market value at the year end.

Page 12

Nottinghamshire Mind

Notes to the Financial Statements for the Year Ended 31 March 2021

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of debtors is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Fund structure

Unrestricted income funds are general funds that are available for use at the trustees' discretion in furtherance of the objectives of the charity.

Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.

Pensions and other post retirement obligations

The charity operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the charity. Pension costs charges in the Statement of Financial Activities represent the contributions payable by the charity during the year.

2 Income from donations and legacies

Unrestricted funds

Donations and legacies;
Donations from companies, trusts and similar proceeds
Grants, including capital grants;
Government grants
Grants from other charities
Other income from donations and legacies		 General
£
41,900
358,707
52,206
41,299
494,112		 Total
31 March
2021
£
41,900
358,707
52,206
41,299
494,112		 Total
17 October
2018 to 31
March 2020
£
-
98,858
60,180
62,309
221,347

Page 13

Nottinghamshire Mind

Notes to the Financial Statements for the Year Ended 31 March 2021

3 Income from charitable activities

Client contributions & fees
Contracts
Restricted grants
Insurance claim
Room hire
Training
Sundry income
4
Grants
Bassetlaw CVS
NHS Bassetlaw CCG
Notts County Council
Severn Trent
Mind
NHS Foundation Trust
HMRC JRS Grant
Fryman
MS Society
Thomas Farr Charitable Trust
RAF Coningsby
AC Wollaton
Sundry Donations		 Unrestricted
funds
General
£
18,304
29,585
-
35,604
127
5,900
1,596
91,116
Unrestricted
funds
£
28,000
52,000
54,000
32,000
14,206
245,000
5,707
8,900
5,000
5,000
2,000
1,000
41,299
494,112		 Total
31 March
2021
£
18,304
29,585
-
35,604
127
5,900
1,596
91,116
Restricted
funds
£
-
-
-
-
-
-
-
-
-
-
-
-
-
-		 Total
17 October
2018 to 31
March 2020
£
68,882
10,000
32,256
5,000
2,421
30,773
565
149,897
Total funds
£
28,000
52,000
54,000
32,000
14,206
245,000
5,707
8,900
5,000
5,000
2,000
1,000
41,299
494,112

Page 14

Nottinghamshire Mind

Notes to the Financial Statements for the Year Ended 31 March 2021

5 Investment income

----- Start of picture text -----
Unrestricted
funds
Total
Total 17 October
31 March 2018 to 31
General 2021 March 2020
£ £ £
Income from dividends;
Dividends receivable from other listed investments 1 1 12
Interest receivable and similar income;
Interest receivable on bank deposits 29 29 247
30 30 259
6 Other income
Total
Total 17 October
31 March 2018 to 31
2021 March 2020
£ £
Opening transfer - 360,626
----- End of picture text -----

Page 15

Nottinghamshire Mind

Notes to the Financial Statements for the Year Ended 31 March 2021

7 Expenditure on charitable activities

Activities & materials
Affiliations & licences
Bank charges & fees
Cleaning & hygiene
Depreciation
Donations paid
Equipment & maintenance
Freelance training delivery
Fundraising & publicity
Hospitality & gifts
Household & refreshments
Insurance
IT, database & website
Legal & professional fees
MIMS food
Payroll, bookkeeping & accounts
Premises maintenance & security
Printing, postage & stationery
Rent & room hire
Sessional & agency staff
Salaries, NI & pension
Staff training & supervision
Staff travel & subsistence
Sundry expenses
Telephone
Volunteer & trustees' expenses
Utilities & rates
Online counselling & support		 Unrestricted
General funds
£
Restricted funds
£
8,015
-
674
-
99
-
3,519
-
6,652
-
-
-
17,929
-
10,190
-
1,644
-
435
-
1,493
-
3,826
-
4,831
-
2,911
-
-
-
3,690
-
11,194
4,665
8,674
-
5,383
2,668
-
-
352,821
4,928
2,571
-
3,490
-
110
-
11,129
-
191
-
5,505
-
10,909
-
477,885
12,261		 Total
31 March
2021
£
Total
17 October 2018
to
31 March 2020
£
8,015
9,340
674
1,093
99
974
3,519
844
6,652
7,716
-
752
17,929
7,412
10,190
6,000
1,644
863
435
849
1,493
1,530
3,826
3,060
4,831
6,791
2,911
2,224
-
3,516
3,690
4,125
15,859
2,671
8,674
7,395
8,051
10,656
-
2,166
357,749
305,690
2,571
929
3,490
10,097
110
98
11,129
8,277
191
3,016
5,505
7,753
10,909
-
490,146
415,837

8 Net incoming/outgoing resources

Net incoming resources for the year include:

Depreciation of fixed assets

31 March
2021
£
(6,652)		 31 March
2020
£
(7,716)

Page 16

Nottinghamshire Mind

Notes to the Financial Statements for the Year Ended 31 March 2021

9 Trustees remuneration and expenses

During the year the charity made the following transactions with trustees:

Dawn Betts

£Nil (2020: £32) of travel expenses were reimbursed to Dawn Betts during the year.

John Hunter

No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.

No trustees have received any other benefits from the charity during the year.

10 Staff costs

----- Start of picture text -----
The aggregate payroll costs were as follows:
31 March
2021 2020
£ £
Staff costs during the year were:
Wages and salaries 335,775 281,082
Social security costs 17,501 14,684
Pension costs 4,473 3,564
Redundancy payments - 6,360
357,749 305,690
The monthly average number of persons (including senior management team) employed by the charity during
the year was as follows:
31 March 31 March
2021 2020
No No
Average number of employees 20 20
----- End of picture text -----

16 (2020 - 16) of the above employees participated in the Defined Contribution Pension Schemes.

Contributions to the employee pension schemes for the year totalled £4,473 (2020 - £3,564).

During the year, the charity made redundancy and/or termination payments which totalled £Nil (2020 - £6,360).

No employee received emoluments of more than £60,000 during the year

The total employee benefits of the key management personnel of the charity were £92,098 (2020 - £93,414).

Page 17

Nottinghamshire Mind

Notes to the Financial Statements for the Year Ended 31 March 2021

11 Taxation

The charity is a registered charity and is therefore exempt from taxation.

12 Tangible fixed assets

Cost
At 1 April 2020
At 31 March 2021
Depreciation
At 1 April 2020
Charge for the year
At 31 March 2021
Net book value
At 31 March 2021
At 31 March 2020
13 Debtors
Trade debtors
Prepayments
Other debtors		 Land and
buildings
£
358,740
358,740
93,740
6,652
100,392
258,348
265,000		 Furniture and
equipment
£
7,146
7,146
7,146
-
7,146
-
-		 Furniture and
equipment
£
7,146
7,146
7,146
-
7,146
-
-		 Computer
equipment
£
1,366		 Total
£
367,252
367,252
102,252
6,652
108,904
258,348
265,000
31 March
2020
£
233
2,669
3,560
7,146 1,366
7,146
-		 1,366
-
7,146 1,366
- -
- -
31 March
2021
£
2,000
3,172
244
5,416
6,462

14 Creditors: amounts falling due within one year

Other creditors

31 March 31 March
2021 2020
£ £
1,440 3,451

Page 18

Nottinghamshire Mind

Notes to the Financial Statements for the Year Ended 31 March 2021

----- Start of picture text -----
15 Fixed asset investments
31 March 31 March
2021 2020
£ £
Other investments 251 196
Other investments
Listed
investments Total
£ £
Cost or Valuation
At 1 April 2020 196 196
Revaluation 55 55
At 31 March 2021 251 251
Net book value
At 31 March 2021 251 251
At 31 March 2020 196 196
16 Funds
Other Balance at
Balance at 1 Incoming Resources recognised 31 March
April 2020 resources expended gains/(losses) 2021
£ £ £ £ £
Unrestricted funds
General
General fund 303,860 585,258 (477,885) 55 411,288
Revaluation reserve 71,777 - - - 71,777
375,637 585,258 (477,885) 55 483,065
Restricted funds
- - -
Awards For All (Salaries) 1,624 (1,624)
- - -
Boots (Salaries) 3,304 (3,304)
Flood 7,333 - (7,333) - -
Total restricted funds 12,261 - (12,261) - -
Total funds 387,898 585,258 (490,146) 55 483,065
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Nottinghamshire Mind

Notes to the Financial Statements for the Year Ended 31 March 2021

Other Balance at
Incoming
Resources		 recognised 31 March
resources expended Transfers gains/(losses) 2020
£ £ £ £ £
Unrestricted funds
Unrestricted general funds
General fund
334,247		 (390,842) 360,626 (171) 303,860
Revaluation reserve
-		 - - 71,777 71,777
334,247 (390,842) 360,626 71,606 375,637
Restricted funds
Awards For All (Salaries)
9,744		 (8,120) - - 1,624
Boots (Salaries)
9,912		 (6,608) - - 3,304
Flood
17,600		 (10,267) - - 7,333
Total restricted funds
37,256		 (24,995) - - 12,261
Total funds
371,503		 (415,837) 360,626 71,606 387,898
The specific purposes for which the funds are to be applied are as follows:
Awards for All - provision of Information Clinic Services.
Boots Charitable Trust - provision of Supportive Listening Service.
Flood - funding to support the charity whilst the Worksop building was closed due to flooding.
Last year was the first year of accounts for Nottinghamshire Mind. On the 31st March		 2019, Bassetlaw
Association for Mental Health Limited (Charity No 517589, Company No 01991226) and Central
Nottinghamshire Association for Mental Health (Charity No 1078074, Company No 02292773) closed and
transferred all their assets, liabilities and on-going activities to Nottinghamshire Mind, this is the
see transferred into general funds in the previous year.
17 Analysis of net assets between funds
Unrestricted
funds		 value that you
31 March
2021
General Total funds
£ £
Tangible fixed assets 258,348 258,348
Fixed asset investments 251 251
Current assets 225,906 225,906
Current liabilities (1,440) (1,440)
Total net assets 483,065 483,065

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Nottinghamshire Mind

Notes to the Financial Statements for the Year Ended 31 March 2021

Tangible fixed assets
Fixed asset investments
Current assets
Current liabilities
Total net assets
18 Independent examiner's fees		 Unrestricted
funds
General
£
265,000
196
113,892
(3,451)
375,637		 Restricted
funds
£
-
-
12,261
-
12,261		 31 March
2020
Total funds
£
265,000
196
126,153
(3,451)
387,898

During the period, the fees payable (excluding VAT) to the charity’s independent examiner Community Accounting Plus are analysed as follows:

Independent examination
Other financial services		 Year ended 31
March 2021
£
1,200
1,938
3,138		 17 October
2018 to 31
March 2020
£
1,200
2,051
3,251

19 Related party transactions

There were no related party transactions in the year.

Page 21