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2026-02-28-accounts

Charity registration number: 1206059

UNMASKED MENTAL HEALTH TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2026

Unmasked Mental Health Contents

Page
Trustees' Report 1—6
Independent Examiner's Report 7
Statement of Financial Activities 8
Statement of Financial Position 9
Notes to the Financial Statements 10—15
The following pages do not form part of the statutory accounts:
Detailed Statement of Financial Activities 16—17

Unmasked Mental Health

Trustees' Report For The Year Ended 28 February 2026

The trustees present their report and the financial statements for the year ended 28 February 2026.

Objectives and Activities

Aims and Objectives

The objectives of the Foundation CIO are :

  1. To preserve and protect good mental health for the public benefit by providing counselling, peer support services and educating the community and employers about mental health and available support.

  2. For the public benefit to relieve the needs of people experiencing or affected by poor mental health through the provision of complementary and holistic therapies, including hypnotherapy, reiki, and fitness and nutritional programmes.

Public Benefit

Summary of the main activities undertaken for the public benefit in relation to these objectives (included within this section is the statutory declaration that the trustees have with regard to the guidance issued by the Charity Commission on public benefit).

1. We support people to relieve sickness

In the pursuit of enhancing the well-being of individuals grappling with mental health challenges, our charitable initiative aims to establish an intricate network of peer hubs, professional counselling services and alternative therapies. By orchestrating these integrated platforms, we aspire to alleviate the burden of illness and promote mental wellness.

Our visionary approach entails the creation of a range of peer hubs, strategically designed to foster a sense of community and belonging. These hubs will serve as safe spaces where individuals can engage in open dialogues, share their experiences, and benefit from mutual support. By harnessing the power of shared stories and empathetic connections, we intend to cultivate an environment conducive to emotional healing and personal growth.

Additionally, our well-managed and person-centered counselling servicess will provide individuals with access to seasoned mental health professionals. These experts, armed with profound understanding and evidence-based methodologies, will offer tailored guidance to navigate the complexities of mental health challenges. Our goal is to equip individuals with coping strategies, resilience-building techniques, improved physical health and personalised insights, ultimately empowering them to regain control over their wellbeing.

Through the strategic fusion of peer hubs and expert counselling, our charity envisions a harmonious synergy that holistically addresses the spectrum of mental health ailments. By fostering a supportive community and delivering targeted therapeutic interventions, we aspire to alleviate suffering and pave the way for transformative healing journeys. Our aim is to work towards a healthier, more resilient society.

2. We educate people about health issues to prevent sickness

Our charitable endeavour is strategically focussed on enhancing public awareness regarding mental health challenges while providing crucial individualised support to alleviate the burdens of illness. We are dedicated to achieving this through a multifaceted approach that includes dynamic conference talks and webinars, targeted employer training, and personalised assistanace.

At the heart of our strategy lies a commitment to educate and empower. Through engaging conference talks, we aim to disseminate accurate information, destigmatise mental health struggles, and foster an environment of open dialogue. our talks, presented by qualified and experienced experts, will not only illuminate the intricacies of mental health issues, but also equip attendees with actionable insights to better comprehend, address and support those in need.

In recognition of the pivotal role that workplaces play in individuals' lives, we are steadfast in our commitment to equipping employees with the knowledge and tools to champion mental well-being. Our tailored training programs will furnish employers with the understanding to create inclusive environments and implement supportive policies. By nurturing mentally healthy workplaces, we envision a ripple effect that extends to the broader community.

Moreover, our cornerstone is providing individualised support. We recognise that every journey through mental health challenges is unique. Through our personalised assistance, we aim to offer a compassionate hand to those in need. Our team of trained professionals will offer guidance, coping strategies and a safe place for individuals to navigate their struggles, facilitating the path to recovery and resilience.

In the pursuit of our mission, we are poised to be strategic advocates for mental health, bridging the gap between knowledge and action. By leveraging the power of comprehensive education, empathetic individual support, impactful conference talks and webinars, and transformative employer training, we are resolute in our endeavour to alleviate suffering and promote a society where mental well-being thrives.

Page 1

Unmasked Mental Health Trustees' Report (continued) For The Year Ended 28 February 2026

The trustees confirm that they have complied with the requirements of Section 17 of the Charities Act 2011 to have due regard to the Charity Commission’s guidance on public benefit.

Achievements and Performance

Main Achievements

The year ending 28 February 2026 has been one of significant progress for Unmasked Mental Health, with strong delivery against our strategic objectives despite a challenging financial and operational environment.

We have continued to expand our reach, strengthen our service delivery, and diversify our income streams to support longterm sustainability. In particular, the growth of our peer support hubs and activity groups, the expansion of our counselling provision, and the development of employer services have all contributed to increased impact across our communities.

Total income exceeded £280,000, representing an increase of nearly 300% compared to the previous financial year. This reflects both increased demand for our services and the charity’s continued focus on developing sustainable income streams.

We maintain robust and well-documented policies and procedures to support our employees, volunteers and clients, ensuring strong governance, safeguarding, and regulatory compliance across all areas of the organisation.

Peer Hubs and Activity Groups

Our wellbeing and activity hubs continue to operate across Calderdale, providing accessible, community-based mental health support. These services are delivered by trained volunteers and overseen by one full-time member of staff.

During the year, 28 new Peer Hub and Activity Group Facilitators were trained. Each facilitator completed a structured programme including 8 hours of in-house training and 3 hours of self-directed online learning.

To further strengthen delivery and support, we introduced monthly one-to-one support sessions and bi-monthly facilitator forums to encourage shared learning and service development.

Between 1 March 2025 and 28 February 2026, we delivered over 580 wellbeing and activity sessions, providing more than 5,800 individual places. Average attendance remained strong at approximately 10 participants per session, with Sowerby Bridge continuing to be our busiest location.

Counselling Services

Our counselling service has experienced substantial growth over the past year, significantly increasing access to low-cost mental health support.

We awarded approximately 55 student counselling placements, delivering over 5,520 hours of counselling support to more than 540 clients.

Reduced availability of local grant funding has impacted on our ability to provide fully funded counselling to more people, with only around 10% of clients able to access the service free of charge.

We continue to work in partnership with five colleges and universities across Yorkshire and Lancashire, with approximately 35 student counsellors on placement at any one time. During the year, 41 student counsellors successfully achieved their qualifications through placements with the charity.

We introduced the Warwick-Edinburgh Mental Wellbeing Scale (WEMWBS) to measure client outcomes, now embedded within our service delivery and strategic decision-making.

Employer Services

Our employer services have continued to grow steadily throughout the year and now represent a key and increasingly reliable income stream for the charity. This area of delivery is central to our strategy to diversify income, reduce reliance on grant funding and support the long-term financial sustainability of the organisation.

Our offer to employers includes employer-referred counselling, NUCO-accredited mental health qualifications, workplace wellbeing workshops and an Employee Support Line. These services are designed to provide early intervention, practical support and increased awareness within the workplace, enabling employers to better support the mental health and wellbeing of their workforce.

Demand for these services has increased as organisations continue to recognise the importance of proactive mental health support and the link between employee wellbeing, absence management and overall organisational performance. Our approach, which combines clinical expertise with a practical and accessible delivery model, has resonated strongly with employers across the region.

...CONTINUED

Page 2

Unmasked Mental Health Trustees' Report (continued) For The Year Ended 28 February 2026

Main Achievements - continued

We have developed strong and trusted relationships with a growing number of local and regional employers, resulting in consistent referrals into our counselling services and a high level of repeat engagement across our wider offer. These partnerships are built on quality, responsiveness and measurable impact, and increasingly position the charity as a valued partner in supporting workplace wellbeing.

Importantly, income generated through employer services directly supports the delivery of our wider charitable activities, including subsidised counselling and community-based peer support. This integrated model enables us to extend our reach and ensure that those who are most vulnerable can continue to access support at low or no cost.

Partnership Working

Despite operating with a reduced workforce, the charity maintained a strong, relevant, external presence, attending over 60 networking and partnership events throughout the year. This sustained level of engagement reflects our strategic commitment to collaboration as a core mechanism for reaching those most in need.

Through this activity, we have significantly strengthened our relationships with GP practices, social prescribers, primary care networks and a wide range of community and voluntary sector organisations. These partnerships have resulted in more effective and streamlined referral pathways, enabling individuals to access appropriate mental health support more quickly and at the point of need. As a result, we have seen an increase in referrals into both our counselling services and peer support hubs, alongside improved engagement from individuals who may not previously have accessed support.

Earlier access to services has supported more timely intervention, helping to prevent the escalation of mental health challenges and reducing pressure on statutory services. Our ability to offer support without a waiting list has been a key factor in this, ensuring that individuals are able to receive help at the point they need it most.

Our partnership approach extends beyond referrals and is grounded in shared learning, joint problem-solving and a collective ambition to improve mental health outcomes across Calderdale. We are increasingly recognised as a trusted and reliable delivery partner within the local health and community ecosystem.

All peer hubs are delivered within established community venues, ensuring that our services remain visible, accessible and embedded within local neighbourhoods. This model has contributed to consistently strong attendance levels and repeat engagement, with many individuals returning regularly and reporting improved wellbeing, reduced isolation and a greater sense of community connection.

In addition, we have actively opened our own premises to other charitable and community organisations, creating opportunities for co-location, shared delivery and integrated support. This has enabled a more holistic approach to service provision, where individuals can access multiple forms of support within a familiar and trusted environment. It has also strengthened cross-organisational relationships and maximised the use of community resources, increasing the overall capacity of the local support network.

Financial Review

Financial Position

During year ended 28 February 2026, total income was £280,365 and total expenditure £266,409, resulting in a net surplus of £13,956 for the year.

As outlined in note 2.2 Going Concern Disclosure, a balance of £50,022 is owed to Unmasked Mental Health CIC, which is currently in a deficit position due to this outstanding balance from the Charity. A payment arrangement is in place to reduce this in a managed way across a timed period. The trustees of Unmasked Mental Health CIO, who are also directors of Unmasked Mental Health CIC, have prepared detailed plans and forecasts.

The charity has successfully received significant funding through a 3 year grant, and has developed new income streams which are steadily growing, and new grant opportunities are constantly being sought.

Income from counselling services increased by 445% compared to the previous financial year, reflecting both a significant rise in demand and the continued development of our service delivery model. In addition, income generated through employer services increased by 490%, demonstrating the growing strength of this area as a sustainable and scalable income stream for the charity.

This growth has been driven by increased engagement with local employers, stronger referral pathways into employerfunded counselling, and the expansion of our broader workplace wellbeing offer, including training and support services. Together, these income streams are playing a critical role in reducing reliance on grant funding and strengthening the charity’s long-term financial sustainability.

...CONTINUED

Page 3

Unmasked Mental Health Trustees' Report (continued) For The Year Ended 28 February 2026

Financial Position - continued

Staff costs increased by over 75% during the year, largely reflecting higher staffing levels during the first half of the reporting period. During the second half of the year, the charity undertook a period of organisational review and implemented several positive personnel changes to ensure that the team structure was better aligned with both service requirements and strategic priorities.

As a result, the charity now operates with a smaller, more experienced and higher-performing team. This has led to improved operational efficiency, stronger service oversight and enhanced quality of delivery across all areas. The changes have also ensured that resources are being utilised more effectively, supporting both financial stability and the continued delivery of high-quality services to beneficiaries.

Grant Funding

The charity secured a three-year grant from The National Lottery, commencing in March 2025, and successfully delivered against all first-year objectives within the agreed timeframe. This achievement reflects the strength of our service model, the commitment of our team and the effectiveness of our governance and monitoring processes.

The funding has enabled us to expand and strengthen our core provision, particularly within our peer hubs and activity groups, ensuring continued access to community-based mental health support. Robust reporting and evaluation mechanisms have been implemented throughout the year to evidence delivery, outcomes and impact, providing assurance to funders and supporting ongoing service development.

While local grant funding opportunities have been more limited than in previous years, the charity has demonstrated resilience by continuing to secure support from national funders who recognise both the quality and the impact of our work. This has reinforced our reputation as a credible and trusted organisation capable of delivering meaningful outcomes within the mental health sector.

The experience of reduced local funding has further highlighted the importance of our strategic focus on income diversification. As a result, we continue to prioritise the development of sustainable income streams, alongside maintaining strong relationships with existing and prospective funders to support the future growth of the charity.

Reserves Policy

The charity currently does not currently hold any free reserves. A formal reserves policy is in place and reviewed regularly in line with SORP (FRS 102).

Additional Note

Future Plans

Looking ahead, the charity has identified several key strategic priorities to support continued growth, strengthen sustainability and enhance the quality and reach of our services.

A central focus for the year ahead is the implementation and optimisation of a new Customer Relationship Management (CRM) system. This will improve data management, reporting capability and operational efficiency, enabling more informed decision-making and strengthening our ability to evidence impact for funders and stakeholders.

We will continue to develop and expand our employer services, building on the strong foundations established during the year. This includes increasing engagement with existing employer partners, growing our client base and enhancing our service offer to ensure it remains responsive to the evolving needs of the workplace. This area remains a key driver in our strategy to diversify income and reduce reliance on grant funding.

Strengthening partnerships across the voluntary, community and statutory sectors will remain a priority. We will continue to build meaningful relationships that improve referral pathways, support earlier intervention and enable more integrated and joined-up provision for those accessing our services.

Alongside this, we will maintain a clear focus on increasing sustainable income through a balanced approach to funding, including employer services, grant funding and fundraising activity. This will ensure the charity is well-positioned to manage financial uncertainty while continuing to deliver high-quality, accessible mental health support.

Acknowledgements

The Trustees would like to extend their sincere thanks to our staff, volunteers and fellow Trustees for their continued commitment, professionalism and integrity throughout the year.

...CONTINUED

Page 4

Unmasked Mental Health Trustees' Report (continued) For The Year Ended 28 February 2026

Additional Note - continued

During a period of significant growth and change, their dedication has been instrumental in strengthening the charity, maintaining stability and ensuring the continued delivery of high-quality, compassionate support to those who need it most. The contribution of our volunteers, in particular, remains at the heart of our delivery model and the impact we are able to achieve across our communities.

Our focus remains clear: to support more individuals in achieving and maintaining positive mental wellbeing. As demand for our services continues to grow, we remain committed to developing sustainable, accessible and responsive support that meets the evolving needs of our communities.

With a strong foundation, a clear strategic direction and a committed team, the charity is well positioned to continue making a meaningful difference in the lives of those we support.

Reference and Administrative Details

Trustees

Declan Wadcock (resigned 30/10/2025) Helen Naylor (appointed 01/03/2025) Jonathan Bowen (resigned 10/11/2025) Melanie Stead Andrew Nelson

Charity Number

1206059

Principal Address

First Floor 20-26 Commercial Street Halifax West Yorkshire HX1 1TA

Independent Examiner

Andrew Russell FFA FMAAT APR Accountancy Services Limited Shan House 80-86 North Street Keighley West Yorkshire BD21 3AF

Page 5

Unmasked Mental Health Trustees' Report (continued) For The Year Ended 28 February 2026

The trustees' report was approved by the board of trustees and signed on its behalf by:

Andrew Nelson Trustee 24/04/2026

Page 6

Unmasked Mental Health Independent Examiner's Report to the Trustees of Unmasked Mental Health For The Year Ended 28 February 2026

I report to the trustees on my examination of the accounts of Unmasked Mental Health (the Trust) for the year ended 28 February 2026.

Responsibilities and Basis of Report

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

Independent Examiner's Statement

Since the Trust’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 of The Institute of Financial Accountants, which is one of the listed bodies.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Trust 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 applicable requirements concerning the form and contents 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.

Andrew Russell FFA FMAAT

24/04/2026 APR Accountancy Services Limited Shan House 80-86 North Street Keighley West Yorkshire BD21 3AF

Page 7

Unmasked Mental Health Statement of Financial Activities For The Year Ended 28 February 2026

Notes
INCOME AND ENDOWMENTS FROM:
Donations and legacies
3
Charitable activities:
4
Mental Health Support
Other trading activities
5
Investments
6
Other
7
EXPENDITURE ON:
Charitable activities:
8
Mental Health Support
NET INCOME/(EXPENDITURE)
NET MOVEMENT IN FUNDS
RECONCILIATION OF FUNDS:
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
16
Unrestricted
funds
£
6,072
88,063
22,182
1
3,968
Restricted
funds
£
160,079
-
-
-
-
2026
Total
funds
£
166,151
88,063
22,182
1
3,968
2025
Unrestricted
funds
£
54,250
12,797
28,261
-
130
120,286 160,079 280,365 95,438
(107,430) (159,079) (266,509) (174,237)
12,856 1,000 13,856 (78,799)
12,856
(78,799)
1,000
-
13,856
(78,799)
(78,799)
-
(65,943) 1,000 (64,943) (78,799)

The notes on pages 10 to 15 form part of these financial statements.

Page 8

Unmasked Mental Health Statement of Financial Position As At 28 February 2026

Notes
CURRENT ASSETS
Debtors
13
Cash at bank and in hand
Creditors: Amounts Falling Due Within One Year
14
NET CURRENT ASSETS (LIABILITIES)
TOTAL ASSETS LESS CURRENT LIABILITIES
NET LIABILITIES
FUNDS OF THE CHARITY
Restricted Funds
Unrestricted Funds
TOTAL FUNDS
16
Unrestricted
funds
£
11,499
732
Restricted
funds
£
-
1,000
2026
Total
funds
£
11,499
1,732
2025
Total
funds
£
1,751
2,529
12,231
(78,174)
1,000
-
13,231
(78,174)
4,280
(83,079)
(65,943) 1,000 (64,943) (78,799)
(65,943) 1,000 (64,943) (78,799)
(65,943) 1,000 (64,943) (78,799)
1,000
(65,943)
-
(78,799)
(64,943) (78,799)

On behalf of the board

Andrew Nelson

Trustee 24/04/2026

The notes on pages 10 to 15 form part of these financial statements.

Page 9

Unmasked Mental Health Notes to the Financial Statements For The Year Ended 28 February 2026

1. General Information

Unmasked Mental Health is a charitable incorporated organisation registered with the Charity Commission, registered charity number 1206059. The principal address is First Floor, 20-26 Commercial Street, Halifax, West Yorkshire, HX1 1TA.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) "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 2019)", Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities Act 2011.

The charity is a Public Benefit Entity as defined by FRS 102.

2.2. Going Concern Disclosure

On 5 December 2023, Unmasked Mental Health Charity was registered by teh directors of Unmasked Mental Health CIC with the Charity Commission.

Unmasked Mental Health Charity has an accumulated deficit of £64,843 as at 28/02/26 and significant balances are currently owing to Unmasked Mental Health CIC and other creditors.

Unmasked Mental Health Charity owed £50,022 to Unmasked Mental Health CIC at the end of this accounting period.

The trustees of Unmasked Mental Health Charity, who are also directors of Unmasked Mental Health CIC, have prepared detailed plans and forecasts.

The charity currently receives significant funding through a 3 year grant, it has developed new income streams, which are steadily growing, and new grant opportunities are constantly being sought.

2.3. Fund Accounting

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

Designated funds comprise unrestricted funds that have been set aside by the trustees for a specific purpose.

Restricted funds are to be used for specific purposes as laid down by the donor.

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

2.4. Incoming Resources

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount.

Legacies are recognised on receipt or otherwise if th echarity has been notified of an impending distribution, the amount is known, and receipt is expected. if the amount is not known, the legacy is treated as a contingent asset.

Page 10

Unmasked Mental Health Notes to the Financial Statements (continued) For The Year Ended 28 February 2026

2.5. Resources Expended

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.

Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in each underlying activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset's use.

2.6. Cash and Cash Equivalents

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.

2.7. Financial Instruments

The charity has elected to apply the provisions of Section 11 @Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial Instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there isi a legally enforceable right to the set of the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are measured at transaction price.

Basic financial liabilities

Basic finacial liabilities, which include creditors and bank loans are recognised at transaction price.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operation from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities.

Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled.

2.8. Taxation

The charity is exempt from tax as all its income is charitable and applied for charitable purposes.

2.9. Pensions

The charity operates a defined pension contribution scheme. Contributions are charged to the Statement of Financial Activities as they become payable in accordance with the rules of the scheme.

3. Income from Donations and Legacies

Donations and gifts
Grants
Unrestricted
funds
£
5,572
500
Restricted
funds
£
-
160,079
2026
Total
funds
£
5,572
160,579
6,072 160,079 166,151

Page 11

Unmasked Mental Health Notes to the Financial Statements (continued) For The Year Ended 28 February 2026

Donations and gifts
Grants
4.
Income from Charitable Activities
Mental Health Support:
Sale of goods
Training income
Counselling income
Support line income
5.
Income from Other Trading Activities
Fundraising events
6.
Investment Income
Bank interest receivable
7.
Other Income
Other income
Room hire income
Unrestricted
funds
£
1,380
52,870
Restricted
funds
£
-
-
2025
Total
funds
£
1,380
52,870
54,250 - 54,250
2026
Unrestricted
funds
£
-
13,175
70,248
4,640
2025
Unrestricted
funds
£
12,797
-
-
-
88,063 12,797
2026
Unrestricted
funds
£
22,182
2025
Unrestricted
funds
£
28,261
2026
Unrestricted
funds
£
1
2025
Unrestricted
funds
£
-
2026
Unrestricted
funds
£
1,748
2,220
2025
Unrestricted
funds
£
130
-
3,968 130

Page 12

Unmasked Mental Health Notes to the Financial Statements (continued) For The Year Ended 28 February 2026

8.
Analysis of Expenditure
Mental Health Support
Mental Health Support
9.
Support Costs
Employee costs
Premises expenses
General administration
Employee costs
Premises expenses
General administration
10.
Independent Examiner's Remuneration
2026
£
Independent examination of the financial statements
1,300
2026
Support
costs
(see note 9)
£
266,509
2025
Support
costs
(see note 9)
£
174,237
2026
Mental
Health
Support
£
167,027
32,015
67,467
266,509
2025
Mental
Health
Support
£
109,625
24,053
40,559
174,237
2025
£
1,800

Page 13

Unmasked Mental Health Notes to the Financial Statements (continued) For The Year Ended 28 February 2026

11. Staff Costs

Staff costs were as follows:

taff costs were as follows:
Wages and salaries
Social security costs
Other pension costs
2026
£
157,838
6,804
1,552
166,194
2025
£
87,136
6,000
1,513
94,649

No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000.

12. Average Number of Employees

Average number of employees during the year was: 6 (2025: 7)

13. Debtors

3.
Debtors
Due within one year
Trade debtors
Other debtors
4.
Creditors: Amounts Falling Due Within One Year
Trade creditors
Other creditors
Taxation and social security
Accruals and deferred income
2026
£
10,400
1,099
11,499
2026
£
2,391
68,195
6,288
1,300
78,174
2025
£
1,751
-
1,751
2025
£
3,308
71,699
2,757
5,315
83,079

14. Creditors: Amounts Falling Due Within One Year

15. Pension Commitments

The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund.

During the year the charge to the statement of financial activities in respect of defined contribution schemes was £1,552 (2025: £1,513).

Page 14

Unmasked Mental Health Notes to the Financial Statements (continued) For The Year Ended 28 February 2026

16. Movement in Funds

Unrestricted funds
General:
General unrestricted fund
Restricted funds
Restricted funds
Total funds
Unrestricted funds
General:
General unrestricted fund
Total funds
As at 1
March 2025
£
(78,799)
-
Income
£
120,286
160,079
Expenditure
£
(107,430)
(159,079)
As at 28
February
2026
£
(65,943)
1,000
(78,799) 280,365 (266,509) (64,943)
As at 1
March 2024
£
-
Income
£
95,438
Expenditure
£
(174,237)
As at 28
February
2025
£
(78,799)
- 95,438 (174,237) (78,799)

Grant funding was received from the following organisations :-

Calderdale Community Foundation £16,104 Garfield Weston £20,000 West Yorkshire Combined Authority £15,000 (£1,000 remaining) National Lottery £101,575 Miscellaneous others £7,400

All funding has been expended in accordance with the required conditional restrictions.

17. Transactions with Trustees

None of the trustees received any remuneration or any other benefits from an employment with the charity or a related entity during the current or previous year.

No trustee expenses have been incurred.

18. Related Party Disclosures

As at 28 February 2026 the following related party balances were outstanding :-

Creditor Balances

Unmasked Mental Health CIC £50,022

This entity is controlled by the directors of Unmasked Mental Health CIO

Page 15

Unmasked Mental Health Detailed Statement of Financial Activities For The Year Ended 28 February 2026

INCOME AND ENDOWMENTS FROM:
Donations and legacies
Donations and gifts
Grants
Charitable Activities:
Mental Health Support
Sale of goods
Training income
Counselling income
Support line income
Other trading activities
Fundraising events
Investments
Bank interest receivable
Other
Other income
Room hire income
EXPENDITURE ON:
Charitable Activities:
Mental Health Support
Staff costs
Social security costs
Pension costs
Recruitment
Staff training
Rent
Light, heat and water
Premises overheads
Equipment hire and leasing
IT software and consumables
Insurance
Printing, postage and stationery
Office expenses
Advertising and marketing costs
2026
Total
funds
£
5,572
160,579
2025
Total
funds
£
1,380
52,870
54,250
12,797
-
-
-
12,797
28,261
28,261
-
-
130
-
130
95,438
(87,136)
(6,000)
(1,513)
(14,976)
-
(21,308)
(2,745)
-
-
(5,962)
(3,220)
(783)
(2,001)
(4,238)
...CONTINUED
166,151
-
13,175
70,248
4,640
88,063
22,182
22,182
1
1
1,748
2,220
3,968
280,365
(157,838)
(6,804)
(1,552)
(66)
(767)
(25,000)
(3,917)
(3,098)
(5,004)
(7,029)
(5,229)
(1,620)
(5,123)
(7,659)

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Unmasked Mental Health Detailed Statement of Financial Activities (continued) For The Year Ended 28 February 2026

Event costs
Independent examiner's fees
Accountancy fees
Professional fees
Consultancy fees
Memberships and subscriptions
Bank and local giving charges
Refreshments
Group resources and travels
NET INCOME/(EXPENDITURE)
(5,021)
(1,300)
(8,725)
(538)
(14,774)
(3,789)
(708)
(648)
(300)
(10,463)
(1,800)
(4,686)
-
(6,352)
(250)
(569)
(104)
(131)
(266,509) (174,237)
(266,509) (174,237)
13,856 (78,799)

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