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2024-03-31-accounts

TRUSTEES REPORT & FINANCIAL STATEMENTS YEAR END MARCH 2024

CHARITY NUMBER

1188110

TRUSTEE REPORT

The past year has seen much development for The Recovery Foundation (TRF). In the everchanging charity landscape, we are proud of how TRF has been able to respond quickly to feedback and adapt its services to enable us to ensure we remain relevant and sustainable. This means new groups have been progressed and piloted and our bespoke training has become a viable source of income for the future.

Taking stock of what has been TRF’s biggest year of growth to date, we have seen an increase in the amount of people we support, our services, and our staffing. Our values continue to be reflected through everything we offer, from our internal processes to our service delivery and within the lives of our staff team who go above and beyond.

In 2023/24 we offered direct support to over 350 individuals. We have delivered a wide variety of services including our Hope Groups and Hope Community, Creative Arts Programme, and Moving Mountains youth programme. This year has also seen the pilot of exciting new projects; Rainbow Minds Matter, Mending Minds and Space for Men.

We continue to develop our partnerships with the two main local NHS commissioned providers of secondary mental health service; Birmingham and Solihull Mental Health Foundation Trust (BSMHFT) and Forward-Thinking Birmingham (FTB). TRF also continues to work with commissioned rehabilitation services: Ingeus UK.

Our training courses have been delivered nationally and we have expanded these to offer 7 unique courses that offer deeper insight into mental illness and recovery. TRF have had the privilege to deliver these to 230 individuals.

As we look to our next year ahead, TRF will continue to offer HOPE, to use our lived experience to support others and encourage growth and recovery, all while positively impacting our community.

We have more challenges ahead as we continue to grow. The pressure on charities continues to increase with less funding available and tougher times in accessing grants and funding. We are very aware of these, as well as those changes in the health services, and we have adapted to meet those challenges.

We would like to thank all those who work for us and with us, our participants, our funders, supporters and partners. With your continued support we look forward to celebrating our 5th anniversary next year and the journey that lies ahead.

On a personal note, I am proud to have been successfully appointed in April 2024 to Chair the Recovery Foundation. A Charity that is committed to those who use the services and whose core values are exceptional.

Mark Harvey Chair

ABOUT TRF

MISSION

Passing on the Hope we have by encouraging growth and recovery and positively impacting our community.

OBJECTIVES

To preserve and protect physical and mental health for the public benefit by:-

Working with those with mental health conditions, focusing on selfhelp and shared experiences in order to promote recovery;

· For those who are not mentally ill, working to encourage self-awareness, resilience, building, coping skills for times of crisis, and other self-relevant development; and

· Advancing education in mental health recovery, in particular but not exclusively, by focussing on peer supported recovery and selfdevelopment.

www.therecoveryfoundation.org.uk

CONTACT

info@therecoveryfoundation.org.uk

07597 396107

Facebook: @TRFHope Instagram: @TRF.Hope

MANAGEMENT

Trustee Board:

Mark Harvey Chair Anna Beck Treasurer Sophie Webber-Rose Secretary Dr Mark Bernard Jason Paul

Senior Management Team:

Emma Sithole CEO Jacinta Edwards COO Angela Chapman Director Natalie Kibble Director Jenella Smith Director

We review our aims, objectives and activities each year. This review looks at what we achieved and the outcomes of our work in the previous 12 months. The review looks at the success of each key activity and the benefits they have brought to those groups of people we are set up to help. The review also helps us ensure our aim, objectives and activities remained focused on our stated purposes.

We have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing our aim and objectives and in planning our future activities. In particular, the trustees consider how planned activities will contribute to the aims and objectives they have set.

Structure, Governance and Management:

The Recovery Foundation is a Charitable Incorporated Organisation and registered as a charity on 21st February 2020.

There are currently 5 trustees in post. No trustees have benefitted financially from their role and operate on an entirely voluntary basis. The Board of Trustees meets every 4-6 weeks to ensure the strategic direction and policy of the charity.

The Senior Management Team includes 5 people, 3 of which are on payroll and the other 2 are paid on a sessional basis at the time of writing this report. The Senior Management Team meet every 4 weeks to plan operations and ensure the smooth running of the charity day-to-day.

VALUES

OUR VALUES ARE BASED ON THE WORD HOPE:

H- HONOUR

We show respect for individuals.

O-OPPORTUNITY

We provide a safe space where we encourage openness and honesty.

P - PURPOSE

To use our own lived experience to help others to find and sustain hope.

E - EVOLVING

Our desire is to see individuals grow and to respond to our community.

OUR SUPPORT

CO-PRODUCED SUPPORT PROGRAMMES FOR MENTAL HEALTH RECOVERY

Hope Groups

Our 4 week peer support groups run online and in-person. Themes covered include crisis, acceptance and growth. We also offer the option to train to become a Facilitator and to join our Hope Community afterwards.

Rainbow Minds Matter

Hope Groups re-worked for the LGBTQIA+ Community. A safe and supportive environment for individuals who need mental health support. The Hope Community is available afterwards

Space for Men

Hope Groups re-worked for men. A safe and supportive environment for men who need mental health support.

Mending Minds

A tailored, gentle support group to help individuals understand how to cope when in crisis with their mental health. Practical ongoing support.

Moving Mountains

Hope for young minds. A 4-week intervention for young people aged 1425 who are struggling with their mental health. We’ve had the privilege to deliver this in schools and with The Princes Trust.

OUR SUPPORT

Training

We have been able to expand the training we offer to include 7 courses. We have delivered this across England to over 250 individuals this year. Our courses remain popular among those working in the healthcare and justice sectors.

Creative Arts Programme

We offer our Creative Arts Programme 5 days a week. Sessions include drop-ins, older adult groups and 1:1 bespoke sessions. Those who attended our Creative Arts Programme this year had the opportunity to showcase their work at our annual Hope Celebration.

Hope Community

This is our follow-up support for 12 months and includes care packages, meet ups, and workshops. Some of the workshops we have been able to offer this year include furniture upcycle, embroidery and woodland wellbeing.

The Hope Celebration is our annual event where participants can attend and celebrate how far we have come in our recovery journeys.

OUR IMPACT IN NUMBERS

350

137

80%

Individuals accessed our support

100% would

recommend us to a friend

of these completed a Hope Group

120

attendees at Creative Art Courses

were referrals received from external organisations

9.7 our average score out of 10 for Hope Groups.

230

People accessed our training

‘The group has given me confidence in my art. A chance to talk to like minded people about all subjects including art. It has given me a purpose and more confidence. The people are fantastic and we have all become friends and share our interests. Our group leader is amazing – patient, caring and inspiring to us all. This group has been a real help to my mental health and a great aid to concentration. I have learnt that we can all be artistic in our own way and share our art with others.’

‘I enjoyed having a structured time and space where it was safe to discuss mental health concerns among likeminded people. This group has really helped me in my recovery.’

‘This group has been a lifeline for me. I am a carer to an older relative as well as living with my own mental health issues.’

‘Participating in group sessions provided a safe space for deep and meaningful conversations, where I found some peace in the shared experiences of others facing similar struggles. It was here that I realised I was not alone in my journey towards healing.

OUR PLANS:

2024/25 WILL SEE US CONTINUE TO DEVELOP OUR EXISTING GROUPS AND WIDEN OUR REFERRAL BASE. WE WILL ALSO WORK WITH OUR CURRENT PARTICIPANTS TO FURTHER DEVELOP OUR HOPE COMMUNTY

HOPE COMMUNITY

Working co-productively with our participants we will reconsider our Hope Community and what we offer. We aim to offer more regular support to more local people and to make our groups more accessible.

CREATIVE ARTS PROGRAMME

We plan to continue developing our Creative Arts Programme and expand our groups further into Sutton Coldfield. We will also develop our 1:1 support.

WOODLAND WELLBEING

We hope to develop and deliver a regular Woodland Wellbeing group, after a successful pilot. This will offer support for mental wellbeing utilising nature and creativity.

FUNDERS

A huge thank you to all our funders this year, we couldn't do this without you!

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Bentley Advancing Life Chances
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Eric W Vincent Trust
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The Grimmitt Trust

The George Henry Collins Charity The Owen Family Trust The Saintbury Trust

PARTNERSHIPS WHO WE WORK WITH: Recovery College FOR ALL Birmingham and Solihull Mental Health NHS NHS Foundation Trust ForwardThinking Birmingham ingeus

REGISTERED CHARITY NUMBER: 1188110

The Recovery Foundation

Financial Statements For the year ended 31 March 2024

The Recovery Foundation

Contents of the financial statements for the year ended 31 March 2024

Page
Report of the Trustees 1
Independent Examiner's Report 2
Statement of Financial Activities 3
Balance Sheet 4
Notes to the Financial Statements 5-6
Detailed Statement of Financial Activities 7-8

The Recovery Foundation

Report of the Trustees year ended 31 March 2024

The trustees present their report along with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of the Statement of Recommended Practice (SORP) Accounting and Reporting by Charities' issued in March 2005.

REFERENCE AND ADMINSTRATIVE DETAILS

Registered Charity number

1188110

Trustees

Dr M Bernard Mr M Harvey Mrs A Beck Mrs S Webber-Rose Mr J Paul

Independent examiner

Wychbury Lee 83 Blackwood Road Streetly West Midlands B74 3PW

STRUCTURE, GOVERNANCE AND MANAGEMENT

The charity is controlled by its governing document, a deed of trust, and constitutes an incorporated charity

Risk management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

ON BEHALF OF THE BOARD:

Mr M Harvey - Chair

Date: 15/11/24

Page 1

The Recovery Foundation

Independent examiner's report to the trustees of The Recovery Foundation For the year ended 31 March 2024

I report on the accounts for the year ended 31 March 2024 set out on pages three to eight.

Respective resonbilities of trustees and examiner

The charity's trustees are responsible for the preparation of the accounts. The charity's trustees consider that an audit is not required for this year (under section 144(2) of the Charities Act 2011 (the 2011 Act)) and that an independent examination is required.

It is my responsibilty to:

Basis of the independent examiner's report

My examination was carried out in accordance with the General Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a 'true and fair view' and the report is limited to thoses matters set out in the statement below.

Independent exmainer's statement

In connection with my examination, no matter has come to my attention:

have not been met; or

Wychbury Lee

83 Blackwood Road Streetly Sutton Coldfield West Midlands

B74 3PW Date:

Page 2

The Recovery Foundation

Statement of Financial Activities For the year ended 31 March 2024

INCOMING RESOURCES
Incoming resources from charitable activites
General Fundraising
Total incoming resources
RESOURCES EXPENDED
Charitable activites
General Fundraising
Governance costs
Other resources expended
Total resources expended
NET INCOMING RESOURCES
RECONCILIATION OF FUNDS
Total funds brough forward
TOTAL FUNDS CARRIED FORWARD
Year Ended
31/03/2024
Unrestricted
fund
£
86,525
86,525
58,244
7,117
7,650
73,011
13,514
17,443
Year Ended
31/03/2024
Restricted
fund
£
79,406
79,406
67,544
7,645
6,569
81,757
(2,351)
671
(1,680)
Year Ended
31/03/2024
Total funds
£
165,931
165,931
125,787
14,762
14,219
154,768
11,163
18,114
29,277
Year Ended
31/03/2023
Total funds
£
83,059
83,059
65,957
13,297
7,620
86,874
(3,815)
21,929
30,957 18,114

The notes form part of these financial statements

Page 3

The Recovery Foundation

Balance Sheet

For the year ended 31 March 2024

FIXED ASSETS
Computer Equipment
CURRENT ASSETS
Debtors
Cash at bank
CREDITORS
Amounts falling due within one year
NET CURRENT ASSETS
NET ASSETS
FUNDS
Unrestricted
Restricted
Year Ended
31/03/2024
Total funds
£
947
1,483
28,119
29,602
1,272
29,277
29,277
30,957
(1,680)
29,277
Year Ended
31/03/2023
Total funds
£
-
500
19,072
19,572
1,458
18,114
18,114
14,918
3,196
18,114

The financial statements were approved by the Board of Trustees on XX XXXX XX and were signed on its behalf by:

…......................................... Mr M Harvey - Chair

…......................................... Mrs A Beck - Trustee

The notes form part of these financial statements

Page 4

The Recovery Foundation

Notes to the Financial Statements For the year ended 31 March 2024

1. ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008). The Charities Act 2011 and the requirements of the Statement of Recommended Practice, Acocunting and Reporting by Charities.

Incoming resources

All incoming resources are included on the Statement of Financial Activities when the charity is legally entitiled to the income and the amount can be quantified with reasonable accuracy.

Resources expended

Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings, they have been allocated to activities on a basis consistent with the use of resources. Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

Taxation

The charity is exempt from tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees remuneration or other benefits for the year ended 31 March 2024 nor for the period ended 31 March 2023.

Trustees' expenses

No trustees' expenses were paid for the year ended 31 March 2024 nor for the period ended 31 March 2023.

Page 5

The Recovery Foundation

Notes to the Financial Statements - continued For the year ended 31 March 2024

3.
DEBTORS: ACOUNTS FALLING DUE WITHIN ONE YEAR
Prepayments
4.
CREDITORS: ACOUNTS FALLING DUE WITHIN ONE YEAR
Paye and social security
Accruals
5.
MOVEMENT IN FUNDS
At
01/04/2023
£
Unrestricted funds
17,443
Restricted funds
671
TOTAL FUNDS
18,114
Net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
86,525
Restricted funds
79,406
TOTAL FUNDS
165,931
31/03/2024
1,483
31/03/2024
162
1,110
1,272
Net
movement
in funds
£
13,514
(2,351)
11,163
Resources
expended
£
73,011
81,757
154,768
31/03/2023
500
31/03/2023
498
-
498
At
31/03/2024
£
30,957
(1,680)
29,277
Movement
in funds
£
13,514
(2,351)
11,163

Page 6

The Recovery Foundation

Detailed Statement of Financial Activities

For the year ended 31 March 2024

INCOMING RESOURCES
Incoming resources from charitable activites
Donations
Training sold
12 month contracts
Groups delivered
Unrestricted grants
Grants
Other incoming resources
Merchandise income
Total incoming resources
RESOURCES EXPENDED
Charitable activites
Activities
Salaries & NI
Facilitator training
Sessional pay
Room hire
Governance costs
Merchandise & resources
Insurance
Professional fees
Management Fees
Sundries
Year Ended
31/03/2024
Unrestricted
fund
£
870
66,556
10,149
2,960
5,990
86,525
86,525
560
24,988
1,323
31,373
-
58,244
254
240
1,169
5,121
333
7,117
Year Ended
31/03/2024
Restricted
fund
£
10
-
-
-
-
79,396
79,406
79,406
1,530
41,075
1,865
15,494
7,580
67,544
3,987
-
1,553
-
2,105
7,645
Year Ended
31/03/2024
Total funds
£
880
66,556
10,149
2,960
5,990
79,396
165,931
-
165,931
2,090
66,064
3,187
46,867
7,580
125,787
4,241
240
2,722
5,121
2,438
14,762
Year Ended
31/03/2023
Total funds
£
3,370
-
-
-
-
79,689
83,059
-
83,059
65,957
6,302
900
7,304
-
80,463
-
21
-
5,027
45
5,093

This page does note from part of the statutory financial statements

Page 7

The Recovery Foundation

Detailed Statement of Financial Activities For the year ended 31 March 2024

Other resources expended
Printing & Stationery
Postage
Telephone & computer expenditure
Travel expenses
Audit and accountancy
Depreciation
Total resources expended
Net income
Year Ended
31/03/2024
Unrestricted
fund
£
2,048
79
1,004
2,976
1,260
282
7,650
73,011
Year Ended
31/03/2024
Restricted
fund
£
4,243
116
1,549
661
-
-
6,569
81,757
(2,351)
Year Ended
31/03/2024
Total funds
£
6,291
195
2,553
3,637
1,260
282
14,219
154,768
11,163
Year Ended
31/03/2023
Total funds
£
-
-
-
358
960
-
1,318
86,874
13,514 (3,815)

This page does note from part of the statutory financial statements

Page 8