Charity registration number 1182312
Cornpany registration number 117S7792 (England and Wales)
THE WILLIAM TEMPLETON FOUNDATION FOR YOUNG PEOPLE'S
MENTAL HEALTH
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2022

THE WILLIAM TEMPLETON FOUNDATION FOR YOUNG PEOPLE'S
MENTAL HEALTH
LEGALAND ADMINISTRATIVE INFORMATION
Trustees And Directors
Dr P Bearcroft
Mrs A E Templelon
Mr N T Hickinson
Professor T Minshall (Chairl
Ms L Davies
Secretary
Mrs A E Templelon
Charlty number
1182312
Company number
11757792
Registered office
Firs1 Floor
Iriclory House, wis￿n Park
Chivers Way
Hislon
CB24 9ZR
Independent •xamin•r
MTS J Boaffield ACA
Ensors A￿ountants LLP
Victory House
Vision Park
Chivers Way
Histon
CB24 9ZR

THE WILLIAM TEMPLETON FOUNDATION FOR YOUNG PEOPLE'S
MENTAL HEALTH
CONTENTS
Page
Trustees, report
Independenl examiner's report
Sl8lemenl ol financial activities
8alance 8heel
Notes lo the financial slalemenls
10-15

THE WILLIAM TEMPLETON FOUNDATION FOR YOUNG PEOPLE'S MENTAL
HEALTH
TRUSTEES. REPORT {INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 JANUARY 2022
The members of the board of trustees and directors present their report and financial slalemenls for
the year ended 31 January 2022.
The financial stslemenls have been prepared in accordance wlh the accounting policies sel otjl in nole 2
lo the financial statements and comply with the charivs Memorandum and Articles ol Associats'on the
Companies Acl 2006 and 'Accounting and Reporting by Charities.. Slalemenl of Recommended Praclice
applicable lo charities preparing their accounts in accordance with the Financial Reporb"ng Standard
applicable in the UK and Republic of Ireland {FRS 1021 leffects've 1 January 20191".
Objectives and activities
The Trustees have referred lo the Charity Commission's general guidance on Public Benefit when
reviewing our aims and objeclives and in planning the charity's future acts'vitses and believe that Ihe
aclivilles of the charity cleafly demonstrate a direct public benefit.
The charity's purpose is lo protect and Pfomole the heallh of young people through the reduction of the
Incidence and severity of mental health illness, and lo reduce the number of young people laking their ¢)wn
lives. The purpose is lo be achieved by activities lo improve the translation of research Into innovations that
are used in practice and by raising the understanding of suth developments.
The trustees 8nd directors have paid due regard Io guidance on publie benefit issued by the Charity
Commission in deciding what activities ihe charity should undertake.
A¢hF•vemenls and perfomian¢o
Background
Th¢ charity is a unique organisalion whieh has bèen set up to proteet and promole the mental health of
young people, Depression generally. and in young people in parlicular. is a si9nificanl and growing
problem. New approaches lo prevention and earty intervenlion are needed lo address the situation.
However, the following challenges are inhibiting progr8SS'.
1. Scientific research across the sooal-biologKal•sychologi￿l factors causing depression 15 focused
on a range of narrow disciplines. and this has led lo:
'Silos' of knowledge and expertise.
b. A lack ofjoined-up understanding of the pa¢hways via which depression develops.
A lack of understanding of where in the pathways are the best opportunities lo prevent,
predicl, delecl. diagnose causes and Ireat Ihe developing biological condilions. before
they become 8 mental health condition.
2. The lack of understanding of where in the pathways are ihe besl opportunities lo Intervene has led
lo..
An absence of slralegic approaches lo innovations for prevention and eafly inlervention.
b. Such innovatsons. as there are. are piecemeal 'poinl solutions.,
The choices of any inlervenbcffis lants-depressant5 and CBT) haven't changed in the UK
for abovl 30 years
3. The health ecosystem is currently very fragmented with respect to menial and physical health-
essenlially ￿¥0 parallel systems. Mlh GPS largely unable to help significan￿Y people under 18
years old with depression. The health system ￿11 need to be re-designed and re-c0nf1gu￿d lo
deliver preventions and earfy intervenlions for depression. In the United Kingdom. Ihe proposed
transition to 'lnlegraled Care Systems, is a welcome development Inlegraled Care Systems
IICSSI are partnerships of organisations that come together to plan and deliver joined up heaiih
and care services, and lo improve the lives of people who live and work in their area. However,
much work will be needed lo define and implement ioine(14Jp approache5 needed lo addre55 the
social, biological and psychological aspects ol prevention, diagnosis, managemenl and treatment
ol menlal health condilions across the heallhcare. education, charity and wider ecosystem
involved in each ICS.

THE WILLIAM TEMPLETON FOUNDATION FOR YOUNG PEOPLE'S MENTAL
HEALTH
TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 JANUAR Y 2022"
In addition, the COVID-19 pandemic appears lo be causing more wIdeSp￿ad and potentially severe mentsl
health conditions, particularly depression. This appears lo be caused by individuals. stress land the body s
stress response) being increased by the pandemic. and increased levels ol chronic immune response
caused by the disease, particularfy 'long COVID.. Although COVID Is bringing mental health into sharper
focus. il does not change the [￿uS and priorities of Ihe charity.
Summary of Achievements in FY21122
Key accomplishmenis of the chaiity in FY21f22 include the lollowing".
The development. writing and publicalion in Seplembef 2021 of 'Ch8nging Hearts. Changing Minds, 8
new approach to Evidence-based appmaches lo the prevention, diagnosis and treatment of depression
in young people,. The publication is the result of a 2-year collaborative projecl with the University of
Cambridge Inslilule for ManLsfaclunng IllMI and Ils knovledge transfef company Ifm Engage.
The project used engineering analysis methods lo 'jorn up, different areas ol research regarding
depression. InnovaD'on methods researched by the IIM'S Centre for Technology Management and
deployed as workshops by Ifm Engage praclilioners were then used lo genefale and evaluate ideas for
early inlervention. The aims ol the project were lo develop the lollowng, which afe descnbed in the
publication..
A mullidisc4plinary understsnding Ico-developed with researchers and including s￿la1,
biological and psychological aspects) of how depression develops in young people - notably
the key systems. pathways and mechanisms, and how these offer opportunilies for early
Inlervenlion.
b. Specific opportunities for earty inlerventson. including prevention. prediction, deleclion.
diagnosis and Iiealmenl.
How the opporlunilies can be applied to sell<are by individuals and their families, the formal
healthcare system and the wider mental health support ecosystem. includln9 schools. mental
heallh support charities. elc.
d. High1evel suggesltons for how the ideas and OPFrf)rtvnities can be taken forward lo creale a
beller lulure.
2. The charity has commenced a second picyecl wlh the UnIver￿ty ol Cambndge Inslilule for
Manufacluring Ilfm) and ils knowledge transfer company Ifm Engage. This projecl aims lo..
Prioritsse the 200 evidenee-based ideas for innovation$ generated in the prior project,
b. Develop roadmaps for the developmenl ol the priority innovab'ons, and
Facililale engagement between stakeholders, such as researchers, industry, dinieians.
schools, employers and individuals to initiale proiecls for development, piloting and eady
adoptlon ol the innovations.
3. Sponsorship of a collaboration betsveen MQ Menlal Health Research. Ifm Engage and the charity to
address premature mortality in people with severe menlal illness. This work addresses both suicide
and premalure dealh caused by phywcal conditions coijccurring with serious mental health conditions.
The project aims lo..
Infom research funding by MQ and other organisabons.
Focus on changing people's lives. such as by Iranslalion, Innovation, adopts"on, and
implemenlalion slralegy.

THE WILLIAM TEMPLETON FOUNDATION FOR YOUNG PEOPLE'S MENTAL
HEALTH
TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2022"
Feodba¢k
An example of feedback received from heallh care professionals on the charity's collaborative project with
the University of Cambridge completed in 2021 lo develop evidence￿aSed approaches lo the prevention,
diagnosis and development of depression in young people is as follows..
"The aim ol this gmundb￿akIng pmject ￿ lo undersland and add￿sS the causes oldepression in young
people. It shows us a beller fvlure in which we may be equipped to not only Ireal but also reduce, and even
prevent, the developmenl of this incxeasingly prevalent. detslilaling and often devastating condilion. 11
brings a fresh approach lo Ihe challenge by u&ng engineenng and
Innov81ion managemenl melhods lo engage a broad spectrum of clinicians, academics, n￿nI81 heallh
charilies, schools, induslry and young people and Ih8ir families. Togelher, Ihey have sought lo connect Ihe
many different faclcys andpathways implicated in dep￿s￿On, Iransf￿rnIng our understanding of how il
develops and is expressed. This enhanced undersl8nding will lead lo Ihe development of slralegies and
Inlervenlions Ihal can prevent a firsl episode of depression. For those who already have it, Ih8se
inlervenlions will help lo restore optimal levels ol funclAoning. leadin9 lo recovery, and for Ihose whosg
depression is in ffjmission these inlelvenlions will help to prevent ils recurrence. As well 8s Id8nlifying
opportunities for early inlervenlion, the project has also considered where Ihese inlernenlions could be
most effectively deployed, whelher Ihrough self-care, heallhcar8 pmvision or community support and care.
These clear recommend8tions will help lo improve I￿th menlal heallh oulcomes and the qualily of life for
millions of young people and Iheir families, while also bolslering resilience over the life course. This will
hav6 enormous social and fin8ncial benefits, as well as puttin9 8n end lo Ihe suffering of so mgny young
people and their familos. l am proud lo bo 8 part ollhis pmloundly import8nl endeavouf."
Dr Jon Wilson
Consultant Psychialrisl, Cenlral Norfolk Youth Service,
Norfolk and Suffolk NHS Foundation Trusl
Future Dev¢lopmenls
Ovgrarchlng Siratègic Goals
The charity's game-changing approach lo address depression in young people comprises the following
steps..
Join up biolotycal, psychological and %)cial research lo understand how depression develops.
and idenlify opportunities for prevention and early Inlervenlion.
Facililale the engagement of researchers. clinicians, industry, schools, young people and other
stakeholders to develop. pilol and implement innovats.ons that help good physiological and
psychological lunclioning in the individual, and so enable..
Prevention of firsl-episode depression
Recovery from depression
People to remain in remission
Engage decision makers and ¢Jecision influencers across the health and social care, and wider
menial health. ecosysterns to faeiliiate Ihe better configuration ol the syslems, and lo enable
more effective prevention and eady inlervenlion.
Our current focus is on depression and related conditions, induding anxiety and suicide. As our approach
begins to lead to the developmenl and application of innovations, the charity will explore other mental
health conditions Ihal may be addressed using ils novel approach.

THE WILLIAM TEMPLETON FOUNDATION FOR YOUNG PEOPLE'S MENTAL
HEALTH
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2022"
Progress against Overarching Strategic Goals
To dale. the charity has subslanlially completed Slep 1 above, by-.
Using engineenng approaches lo 'jan up. bio*sychoTrsocial research to identify pathway5 by
which depression develops in young people. an¢J refining and validatin9 these palhways with
researchers speciali5ing in the relevanl disciplines.
Working with slakeholders lo identify opportunities. based on the pathways, for prevention and
earty inlervenlion. This has resulted in the some 200 eviden¢e-based ideas lor innovations
described in Changing Hearts. Changing Minds.
Priorities for FY2022-2023
The charity is currently working - using mi)dem innovalion management methods - lo priorilise the some
200 ideas generated in the prior pfojecl across a series of slralegic 'Themes'. These consider opportunitses
lor prevention, early deleclion, diagnosis. management and Irealmenl of the condition5 that precede
depression.
For each Theme, we are defining and validabng wilh siakeholders=
A 'Problem to be Addressed. _ this is a short. simple. clear statement that summ8nses the problem
Idenlified in Ihe research lileralure andlor by pra¢titsoners.
2. A 'Stralegy' this is a short. simple. clear slalemenl that summafises the approach.
3. 34 '1nilialives' . these are Pfaelieal, hi9h level approaches to effeet the ehange required. The
Inilialives incorpofale the evidence-based ideas lor innovalions descrtbed in Changing Hearts,
Changln9 Minds.
Once we have defined the priority Inilialives. we plan lo work with stakeholders lo develop'roadmaps,
defining a 'chosen future, for the initiative. and priority ideas for innovations. These roadmaps will Identsfy
projects that are Stepping 51ones that enable progress from the 'currenl slate. lo the chosen lulure.
Plan$ lor 2023 onwards
Facllltating development, pllotlng and early adoptlon
Equipped with Ihe priority Inilialives and their roadmaps. the charity plans to engage researchers.
clinicians, industry, schools, young people and olher slakeholders to develop, pilol and roll-oul innovations
Ihal help sustain or reslore good physio109ical antl psychological funclioning in Ihe individual, and so
enable..
Prevention of firsl*pisode depression
Recovery from depression
People to remain in remission
Facilitating 'joined up, implementation across the e¢05y5tem
Successful Implementation requires a 'joined up. approach lo be taken by the different 'actors' I stakeholder
groups acfOSS Ihe ecosystem to deliver the desired oulcomes. For change lo be effective. each stakeholder
group needs lo=
Understand and 'buy into. their roles {¢onfigured to their lo￿1 context} In the ecosystem.
Develop the competences Iknowledge. skills and behavioursl and capacity needed to fulfil the role,
and
Oevelop how they link with other actors in Ihe ecosystem. and how they coordinate ath'vities
amongst Ihemselves.

THE WILLIAM TEMPLETON FOUNDATION FOR YOUNG PEOPLE'S MENTAL
HEALTH
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2022.
The charlty plans lo engage ecosyslem stakeholders le.g. schools, primary care providers, local
aulhorilies. employers. care chariliesl In collaborative approaches lo design the ecosystem such that il can
that evolve as new innovations bewne available.
Longer lerrn, our aspiration is to develop 8 sel of generic ecosystem models- enabled by innovabons in
practice and policy - which are configurable for implemenlati¢)n in a wide range of local and nalional
conlexls.
Flnanclal revlew
The charity had income of £36.248 in the year, of which Q8.649 was expended on chariLlble activities.
Unreslricled funds al the year*nd amounted lo £64.407.
11 is the policy ol the charily that unreslricled lunds which have not been designaled for a specific use
should be maintained al a level equivalent lo between three and six month's expenditure. The Iruslees and
directors considers that reserves al Ihis level will ensure that. in Ihe event of a significant drop in funding,
they will be able lo continue the charity s current activities while consideration Is given lo ways in which
additional funds may be raised. Reserves al Ihe period end amounled to £63,940 which exceeds this
largel. As the charity establishes Itself and increases Ils activities il is expected that further expenditure will
be incurred.
Going concern
Al the lime ol approving the financial slalemenls. the Iruslees have a reasonable expectation that the
charity has adequate resources lo continue in operational existence for the foreseeable future. The chanty
has considered Ihe impacl ol COVID19 and Ihe impact on ils forecasts and working capital requiremanls
lor a period 0112 months Irom the dale of signing these financial stslemenls. Thus. the Iruslees have
adopted Ihe going concern basis of accounting in preparing these financial slalements.
Structure. govornance and management
The charity Is a company limited by guarantee. incofporaled on 9 January 2019 and registered as a charity
on 4 March 2019. The company was e51ablished under a Memorandurn of Association which established
the objects and powers of the chafitable company and is govemed under ils Arlicles ol Associab'on.
The charity is govemed by a board of Iruslees, who meet al least three tsmes a year lo discu$¥ the charity's
strategy, including the charity's aclivilies. funding, risk management. policies and performance. The
members ol the board of Iruslees, who are also the direclors lor the purpose of company law. and who
served during the year and up lo the dale ol signature ol the financial slalemenls were..
Dr P Bearcroft
Mrs A E Templelon
Mr N T Hickinson
Professor T Minshall (Chair)
Ms L Davies
Subsequent to the appointment of the foL5r Initial trustees. trustees are recruited 8nd appointed using the
following process..
A requirement for a Iruslee with particular expertise is ideniifled.
A Role Profile is developed, logether with a description of the competences and experience
sought
The Role Profile is circulated as widdy as necessary lo identify one or more potentially
appoinlable candidates.
A shortlisl of candidates is selected, intefwewed by the trustees, the preferred eandidale selected,
and due diligence undertaken on the candidate_
The preferred candidate is notified of the tru51ees' decision and, by mutual agreement, appointed
subject to a Fit and Proper Person's Declaralion.

THE WILLIAM TEMPLETON FOUNDATION FOR YOUNG PEOPLE'S MENTAL
HEALTH
TRUSTEES, REPORT {INCLUDING DIRECTORS. REPORT) (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2022.
The trustees and directors have assessed the major risks to which the charity is exposed. and are satisfied
that systems are in place lo miligale exposure lo the major risk5. A risk management register has been
adopted. which is reviewed by Ihe Iruslees at least annually.
None of the trustees and directors have any beneficial inleiesl in the company All ol the Iruslees and
directors are members of Ihe company and guarantee lo contribute £1 in the evenl of a winding up.
The day lo day opefalions of the charity are handled by its Founder. Mr Peter Templelon. There are
presently no employees. A small number ol volunteers are overseen by Mr Templelon, as is work by third
parly suppliers. IAr Templeton reports lo the Board of Trustees.
Conclusion and Thank You
The Iruslees would like lo thank the many individuals who have supporteil Ihe chanty's work since its
inception, inrjuding the remarkable individuals who have organtsed in¢Jividual fundraising events on behalf
ol the charity.
All of the charity's donors have been critical to the formation and development of the charity, helping it
suc￿$$fullY lo reach milestones and lo contribute lo Ihe translation ol research into innovations for the
bettefmenl of young people's mental health.

THE WILLIAM TEMPLETON FOUNDATION FOR YOUNG PEOPLE'S
MENTAL HEALTH
INDEPENDENT EXAMINER'S REPORT
TO THE TRUSTEES AND DIRECTORS OF THE WILLIAM TEMPLETON FOUNDATION
FOR YOUNG PEOPLE'S MENTAL HEALTH
I report lo the Iruslees and directors on my examination of the financial statements of The William Templelon
Foundation for Young People's Mental Health (the charity) for the year ended 31 January 2022.
Responslbllltles and basls of report
As Ihe trustees and directors of the charity lan(J also its directors for the purposes of company lawl you are
sponsible for the preparation of Ihe financial stalemenls in aC￿rdanCe wlh the requirements of the
Companies Act 2006 Ilhe 2006 Act).
Having satisfied myself that Ihe financial slalements of the charity are not required lo be audited under Part 16
of the 2006 Act and are eligible lor independent examination, I report in respect of my examination of the
charity's financial slalements Carried out undef section 145 of the Chafilies Act 2011 Ilhe 2011 Act). In carrying
out my examination I have followed all the applicable Directions given by the Charity Commission under
Section 14515llbl of the 2011 Act.
Independent examlner's statement
I have completed my examination. l ¢onfimi that no matters have come lo my allenlion in connection with the
examination giving me cause lo bel*ve Ihal in any malerial respect..
accounting records were not kept in respect ol the charity as required by seclKJn 386 of the 2006 Act., or
the financial slalgmenls do not accord with those records.. or
the financial slalemenls do not comply wilh Ihe accounting requiroments of section 396 of the 2006 Act
other than any requirement Ihal the accounls give a true and fair wew which is not a maller considered as
part o18n independent examination.. or
the financlal slal&rnenls have not been prepared in accordance with the methods and Pfinciples of the
Slalement of Recommended Practi￿ lor accounting ènd reporting by chanlies applicable lo charitiès
preparin9 their accounts in accofdance with Ihe Financial Reporting Standard applicable in the UK and
Republic of Irgland IFRS 102).
I have no concerns and have come across no other Matte￿ in conneclion with the examination to which
attention should be drawn in this report in order lo enable a proper understsnding ol the finanaal stslemenls lo
be reached.
Mrs J Boattield ACA
Ensofs Accountants LLP
Victory House
Vision Park
Chivers Way
Hislon
CB24 9ZR
Dated..

THE WILLIAM TEMPLETON FOUNDATION FOR YOUNG PEOPLE'S
MENTAL HEALTH
STATEMENT OF FINANCIAL ACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 JANUARY 2022
Unr•strS¢ted Unr&strictad
funds
funds
2022
2021
Notes
Incomè from:
Donations and legacies
36,248
43.963
Ex
•ndlluro on..
Charitable activities
26,649
34,117
Nèt Incom• for tho y•arl
Net movement in funds
7,S99
9,846
Fund balances al 1 February 2021
56,808
46,962
Fund balancos at 31 January 2022
64,407
56,808
Thè slalemenl of financial activities includes all gains and lossès recognised in the year.
All income and expendilure derive from continuing activities.
The statement ol financlal activilies also complies wlh the requirem8nls for an income and expènditure aceounl
under the Companies Act 2006.

THE WILLIAM TEMPLETON FOUNDATION FOR YOUNG PEOPLE'S
MENTAL HEALTH
BALANCE SHEET
AS AT31 JANUARY2022
2022
2021
Notes
Flxéd assets
Tangible assels
467
Current asset$
Debtors
Cash al bank and in hand
10
739
65.099
339
59,143
65,838
59,482
Credltors.. amounts falllng du¢ wlthln
on9 year
11
11,8981
12,6741
Nel current assets
63.940
56,808
Total assets less curronl liabiliti•s
64,407
56,808
Income funds
Unreslricled lunds
64,407
56,808
64,407
56,808
The company is enlilled lo the exemption from the audit requirement contained in section 477 01 the Companies Act
2006. for the year ended 31 January 2022.
The directors 8cknowledge their responsibilities for complying with Ihe requirements of the Companies Act 2006
with respect lo ac¢ounlin9 rewrds and the preparat￿n ol fina￿la1 slalemenls.
The members have not required the company lo oblain an audit of ils financial stslemgnts for the year in question in
aG¢ordan¢e with section 476.
These financial slalements have been piepared in accordan￿ wlh the provisions applicable lo companies subject
to the small companies Tegime.
The financial slatements were approved by the Trustees And Directors on
/Oafy
Professor T Minshall (Chairl
Tru$t••
Company roglstratlon numb•r 11757792

THE WILLIAM TEMPLETON FOUNDATION FOR YOUNG PEOPLE'S
MENTAL HEALTH
BALANCE SHEET (CONTINUED)
ASAT31 JANUARY2022
Critical accounting estimates and judgements
In the application of the charity's accounting poliues. the Iruslees and directors are required lo make
judgements, estimates and assumptions about the carrying amount ol assets and liabilities that are not readily
apparent from other sources. The eslimales and asso¢ialed assumplions are basèd on historical experience
and other factors Ihal are considered lo be relevant. Actual re$LFlts may differ from these eslimalès.
The estimales and underlying assumptions are reviewed on an ongoing basis. Revisions lo accounting
eslimales are recognised in Ihe pefio¢J in which the esbmate is revised where the revision affects only thal
period. or in the period of Ihe revision and future periods wherè the revision affects t)olh current and future
periods.
Ac¢ounling poli¢i•s
Charity information
The William Templeton Foundation for Young People's Mental Health Is a private company Ilmlled by
guarantee incorporated in England and Wales. The regislered office is First Floor. Viclory House, Vision Park,
Chivers Way. Hislon. CB24 gZR.
2.1 Accountlng ¢onventlon
The financial slalemenls have been prepared in accordance with Ihe charivs Memofandum and Articles of
Association, the Companies Act 2006 and "Accounting and Reporting by Charities.. Stalemènl of
Recommended Practice applicable lo charities preparing their accounts in accordance with the Financial
Reporting Slandard applicable in the UK and Republic of Ireland IFRS 1021 (effective 1 January 20191.. The
eharily Is a Public 8enefil Entity as defined by FRS 102.
The charity has taken advantage ol the provisk)ns in the SORP lor charities applying FRS 102 Update
Bulletin 1 nol lo pr8pare a Slalemenl of Cash Flows.
The financial slalemenls are prepared in sterfing. Nthich is the functional currency of the charity. Monetary
amounts in these financial slalemenls are rounded lo the nearesl £.
The financial slalemenls have been prepared undgr Ihg hislorical wst convention. Imodified lo include the
revaluation ol freehold properties and to Include investment propenies and certain financial instruments 81 fair
valuel. The principal accounting policies adopted are sel oul below.
2.2 Going concern
Al the lime ol approving the financial slalemenls, the Iruslees and diTeclors have a reasonable expectation
that the ¢harily has adequale resources lo continue in operational existence for Ihe fofeseeable future. Thus
the trustees and dir6ctors continue lo adopi the going concem basis of accounting In preparing the financial
slalements.
Ther9 are no malerial uncortainlies about the enlilys ability to continue.
2.3 Charitable funds
Unrestricted funds are available for use al Ihe discretion ol the twstees and directors in lurtherance of their
charitable objectives.
Reslricled funds are subject to spe¢ifi¢ ¢ondilions by donors as to how they may be used. The purposes and
uses of the reslricled funds are set out In the notes to the financial ststemenls.
2.4 Income
Income is recognised when the charity is legally entitled lo it after any performance conditions have been mel,
the amounts can be measured reliably. and it is probable that income will be received.
10-

THE WILLIAM TEMPLETON FOUNDATION FOR YOUNG PEOPLE'S
MENTAL HEALTH
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY2022
Ac¢ountlng policles
Icontlnuedl
Cash donations are recognised on re￿ipl. Other donations are recL)gnised once the charity has been notified
of the donation. unless performance Condilions reouire deferral ol the amount. Income tsx recoverable in
relation lo donations received undeT Gift Aid or deeds ol covenant is recognised al the lime of the donation.
Expenditure is recognised once there is a legal or ￿nStruCtive obligalion lo transfer economic benefit to a
third party, il is probable that a liansfer of economic benefits will be ￿quIred in selllemenl. and the amount ol
the obligation can be measured reliably.
Expenditure is classrfied by activity. Thè costs of eath activity are made up ol the total of direct costs and
shared costs, including support costs involved in undertaking each activity. Direct costs attributable lo a single
activity are allocated direclly lo that activity. Shared costs which contribute lo more than one aclivily and
support costs which are nol allribulable lo a single activity are appO￿.oned belween those activities on a basis
consistent with the use of resources.
2.5 Tanglble fixed assels
Tangible fixed assets are inilially measured al cost and $ubsequenlly measured al cost or valuation. nel ol
depreeialion and any impairment losses
Depreciation 15 reco9ni5ed so as lo write off the eost or valuation of assets less their residu81 v8lues over their
useful lives on Ihe following bases..
Computers
StTaighl line depreciation over 3 years
The gain or loss arising on the disposal ol an assel is determinod as Ihe difforgnce befv48on the sale
proceeds and the carrying value of the asset, and is recognised in the slalemenl ol financial activities.
2.6 Impairment of fixed a55ets
Al each reporting end dale, the charity reviews the carrying amounts of its tangible assets lo determine
whether there is any indication that Ihose asseis have suffered an smpairmenl loss. If any such indication
exists, the recoverable amounl ol Ihe asset is esiimaled in order lo determine the extent ol the impairment
loss Irf any).
2.7 Cash and ¢a$h equlvalent$
Cash and cash equivalents include cash in hand. deposits held al call with banks. other short-lem liquid
investments with original malurilies of three months or less, and bank overdrafts.
2.8 Finan¢lal Instrum•nt$
The chaiily has elected lo apply the provisions of Section 11 'Basic Financi81 Inslrumenls, and Section 12
'Other Financial Instruments Issues. of FRS 102 lo all of rts financial instruments.
Financial inslrumenls are recognised in the charilvs balartce sheet when the chanty becomes party lo the
conlraclual provisions of Ihe instrument.
Financial assets and liabilities are offsel, with the nel amounts presented in the financial statements, when
there is a legally enforceable right to sel off the recognised amounts and there is an intention to settle on a
net ba515 or lo realise the a5sel and settle the liability simLFltaneously.
11

THE WILLIAM TEMPLETON FOUNDATION FOR YOUNG PEOPLE'S
MENTAL HEALTH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2022
Accountlng poll¢le$
{Contlnuadl
Basic financial ass•ts
Basic financial assets, which include debtors and cash and bank balances, are initially measured al
transaction price including transaction costs and are subsequenlly c8rried at 8mortised Cost using the
effective interest method unless the arrangement constitutes a finanang transaction, where the transaction is
measured al the preser)t valve ol the future receipls discounted al a mathel iale of interest. Financial assets
classified as receivable within one year are not amortised.
Baslc linan¢lal Ilèbllltles
Basic financial liabilities. including creditors and bank loans are initsally recognised al transaction price unless
the arrangement conslilules a financing transaction. where the debl inslrumenl is measuTed al the present
value of the future payments discounted al a market rale ol interest. Finan￿al liabilities classified as payable
within one year are nol amortised.
Debt instruments a￿ subsequently carl￿d al amortised cost. using the effective interest r8le method.
Trade creditors are obligations lo pay for goods or services Ihal have been acquired in th8 Ofdinary course of
operations from suppliers. Amounts payable are classified as current Iiabililies Il paymènt is due within one
year or less. If not. they are presented as non-cuffenl liabililies. Trade credilors are recognised initially al
transaction price and subsequently measured al arnortised cost using the effective Interest method.
Der•¢ognitlon of flnan¢lal liabilities
Financial Iiabslilies are derecognised when the charity's contraclual obligations expire or are discharged or
cancelled.
2.9 Contribution of unpaid general volunteers
The charity is supported by a number ol general volunteers. In particular, voluntèers are involvèd in carrying
out the day-lo-day running ol the charity and in fund raising. In accordance with Ihg Charilies SORP. income
is not recognised in relalion lo the Services provided by 9eneral volunteers.
Donatlons and lega¢i•s
Unrestricted Unreslricled
fund$
funds
2022
2021
Donalions and gifts
36.248
43,963
12

THE WILLIAM TEMPLETON FOUNDATION FOR YOUNG PEOPLE'S
MENTAL HEALTH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2022
Charitable activitie$
Project
fundin9
2022
Research
Associate
2021
Training
Events
Website and promotion
Project costs
61
699
5.984
825
11,906
1.537
13,443
7,%9
Grant funding of acts'vilies (see nole 51
10,000
21,708
Share of support C05151see note 71
Share of governance costs Isee r￿te 7)
3,516
1,690
2.120
2,720
28,649
34,117
Grants payable
Project
funding
2022
Research
Associate
2021
Gr8nls lo instilulions11 gr8nll'.
Cambridge University
MQ.. Tfansforming Mental Heallh
21,708
10.000
10.000
21,708
Trustee$ And Directors
The Founder. who Is the spouse of one of the Iruslees. was reimbursgd for expenses amounling lo £1,911
in respect of marketing costs.
No Iruslees were reimbursed for expenses during the period.
13

THE WILLIAM TEMPLETON FOUNDATION FOR YOUNG PEOPLE'S
MENTAL HEALTH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2022
Support Costs
Support Governance
costs
costs
2022Support costs Governance
costs
2021
Computer costs
Travelling expenses
Subscriptions
Printing, postage and
stationery
Rent
Literature
Depreciation
Sundry
670
670
270
144
216
270
911
216
872
872
864
586
720
131
586
720
131
133
66
133
66
53
53
Independent examinerfs
fees
Other financial services
Legal and professSon81
1.440
1.440
1.SOO
720
500
1,SOO
720
500
250
250
3,516
1.690
S.206
2,120
2,720
4,840
Analysed between
Charitable activities
3,516
1.690
5,206
2.120
2,720
4,840
Employee5
There were O employees during the year.
There were no employees whose annual remuneration was £60,1)00 or mo￿.
Tanglble flxed ass•ts
¢¢mput•r•
Cost
Additions
600
Al 31 January 2022
600
Depreciation and impairnient
Depreciation charged in Ihe year
133
Al 31 January 2022
133
Carrylng amount
Al 31 January 2022
467
14

THE WILLIAM TEMPLETON FOUNDATION FOR YOUNG PEOPLE'S
MENTAL HEALTH
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2022
10 Debtors
2022
2021
Amounts falling due within one year-
Other debtors
Prepayments and accrued income
500
239
339
739
339
11 Crodltor$: amounts falling due withln on• y•ar
2022
2021
Trade creditors
Other credllors
Accruals and deferred in¢om¢
408
406
1,860
302
1.51
1,898
2,674
12 Relat•d party transactlons
There were no lurthèr disclosable related party transactions during the year. other than as disdosed in note 6.
15-