2021-03-31-accounts - Sheffield Mind Ltd

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			Page
Reference and administrative		details ofthe charity, its Trustees and advisers
Trustees' report			2-17
Independent auditor's	report	on the financial statements	18-21
Statement offinancial	activities		22
Balance sheet			23-24
Statement of cash flows			25
Notes to the financial	statements		26-49

Trustees			M Loughna
			G Holt
			S Rollinson-Hayes, Chair
			SJones
			M Fletcher (resigned		2 August 2021)
			A Mellows (resigned		31July 2020)
			C Rossiter
			A Cain
			J Reid
			S Parkinson (resigned		19July 2021)
			LAlford (resigned 1	June 2021)
			P Thakrar (appointed		21January 2021)
			M Khan (appointed	21January 2021)
Company	registered
number			01336352
Charity registered		number	276108
Registered	office		The Wellbeing Centre
			110Sharrow Lane
			Sheffield
			South Yorkshire
			5118AL
Company	secretary		M Lewis
Senior management		team	M Lewis (CEO)
			L Doyle-Price (Business Development			Manager)
			R Horsley (Head ofOperations)
			J Taylor (Finance Manager)
Auditors			BHP LLP
			Chartered Accountants
			57-59Saltergate
			Chesterfield
			Derbyshire
			540 1UL
Bank			CAF Bank Ltd
			25 Kings Hill Avenue
			Kings Hill
			West Mailing
			Kent
			ME194JQ

				2021	2020
Total Income				1,571,535	1,237,943
Total Expenditure				1,398,866	1,270,996
Gain/(Loss) on Investments		Assets		6,000	(4,000)
NET INCOMING/	(OUTGOING)		RESOURCES	178,669	(37,053)

				Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds
				2021	2021	2021	2020
			Note	f	f	f	f
Income from:
Donations and legacies				52,941		52,941	32,520
Charitable activities				977,388	475,409	1,452,797	1,155,254
Other trading activities				32,439		32,439	48,181
Investments				1,965		1,965	1,988
Other income				31,393		31,393
Total income				1,096,126	475,409	1,571,535	1,237,943
Expenditure on:
Raising funds				18,542		18,542	24,376
Charitable activities			10	970,495	433,829	1,404,324	1,246,620
Total expenditure				989,037	433,829	1,422,866	1,270,996
Net income/(expenditure)				107,089	41,580	148,669	(33,053)
Transfers between funds			21	3,634	(3,634)
Net movement in funds	before other
recognised gains/(losses)				110,723	37,946	148,669	(33,053)
Other recognised gains/(losses):
Actuarial gains/(losses)	on defined benefit
pension schemes			27	18,000		18,000	(4,000)
Net movement in funds				128,723	37,946	166,669	(37,053)
Reconciliation offunds:
Total funds brought forward		(as restated)		407,475	163,100	570,575	607,628
Net movement in funds				128,723	37,946	166,669	(37,053)
Total funds carried forward				536,198	201,046	737,244	570,575

										As restated
								2021		2020
						Note		f		f
Fixed assets
Tangible assets						17		440,069		445,633
								440,069		445,633
Current assets
Debtors						18	35,709		33,879
Cash at bank and in		hand					1,390,552		1,063,441
							1,426,261		1,097,320
Creditors: amounts		falling due within one year				19	(748,086)		(595,378)
Net current assets								678,175		501,942
Total assets less current			liabilities					1,118,244		947,575
Net assets excluding		pension		liability				1,118,244		947,575
Defined benefit pension scheme					liability	27		(381,000)		(377,000)
Total net assets								737,244		570,575
Charity funds
Restricted funds						21		201,046		163,100
Unrestricted funds
Designated funds						21	362,307		362,307
General funds						21	554,891		422,168
Unrestricted funds	excluding			pension asset		21	917,198		784,475
Pension reserve						21	(381,000)		(377,000)
Total unrestricted	funds					21		536,198		407,475
Total funds								737,244		570,575

					2021	2020
				Note	f	f
Cash flows from operating	activities
Net cash used in operating	activities			24	335,170	38,982
Cash flows from investing	activities
Interest from investments					1,965	1,988
Purchase oftangible fixed	assets				(10,024)	(30,445)
Net cash used in investing	activities				(8,059)	(28,457)
Change in cash and cash equivalents		in the	year		327,111	10,525
Cash and cash equivalents	at the beginning		ofthe year		1,063,441	1,052,916
Cash and cash equivalents	at the end	ofthe year		25	1,390,552	1,063,441

					Unrestricted	Total	Total
					funds	funds	funds
					2021	2021	2020
					f	f	f
Donations
Donations and	memberships				36,208	36,208	20,256
In memoriam and legacies					3,420	3,420	4,514
Trusts
Dixon Pitchfork	Charitable		Trust		1,000	1,000	1,000
Sheffield Town	Trust				3,500	3,500	3,500
Zachery Merton	Trust				1,250	1,250	1,250
Facey Family Foundation		Trust			2,000	2,000	2,000
South Yorkshire	Community		Fund		563	563
The Gordon Bramah Charitable				Settlement	5,000	5,000
					52,941	52,941	32,520
Tota I 2020					32,520	32,520

					Unrestricted	Restricted	Total	Total
					funds	funds	funds	funds
					2021	2021	2021	2020
					f	f	f	f
CCG Counselling service					79,378		79,378	65,651
Listening Line —The Talbot Trusts					14,768		14,768
Community Rehabilitation					38,613		38,613	36,830
Creative Therapies						2,961	2,961	26,666
KFIM —Veterans Families						24,250	24,250
Mentally Healthy Universities		(National		Mind)		30,774	30,774
MOD Covid-191mpact —Movement			Therapy			9,881	9,881
Vintage Tea Afternoons								2,500
Wellbeing practitioners						107,500	107,500	101,540
Self-Directed Support Activities					327,382		327,382	323,788
SYHA Ripple Effect						73,021	73,021	73,021
Connect 3 —SCC					210,184		210,184	210,184
Magpies —Reaching Communities						94,041	94,041	32,712
Student Social Work								7,864
IT Funding (National Mind)						5,000	5,000
Work well, stay well project								4,265
Armed Forces Covenant	Fund Trust					93,868	93,868	93,868
Get SetTo Go						5,450	5,450	30,850
Springboard					25,998		25,998	24,270
Tesco Bags for Life Project								859
Budget Management					65,871		65,871	41,616
Suicide Prevention								8,000
Strategic Co-Ordinator					17,019		17,019	25,000
N Mind Covid-19 Loneliness		Fund			2,268	23,663	25,931
PCC Anger Management						5,000	5,000
ManKind Project (SCC)					2,500		2,500
Community Connectors					174,322		174,322
Sundry Income					19,085		19,085	45,770
Total 2021					977,388	475,409	1,452,797	1,155,254
Tota I 2020					795,738	359,516	1,155,254

			Unrestricted	Total	Total
			funds	funds	funds
			2021	2021	2020
			f	f	f
Fun draising			32,099	32,099	44,309
Tota I 2020			44,309	44,309
Income from non charitable		trading activities
			Unrestricted	Total	Total
			funds	funds	funds
			2021	2021	2020
			f	f	f
Charity sales			340	340	2,717
Profit share					1,155
Total 2021			340	340	3,872
Tota I 2020			3,872	3,872
Investment	income
			Unrestricted	Total	Total
			funds	funds	funds
			2021	2021	2020
			f	f	f
Bank interest			1,965	1,965	1,988
Tota I 2020			1,988	1,988

Unrestricted	Total	Total
funds	funds	funds
2021	2021	2020
f	f	f
31,393	31,393

		Unrestricted	Total	Total
		funds	funds	funds
		2021	2021	2020
		f	f	f
Goods for	resale			1,323
Fundraising	costs	175	175	5,061
Staff costs		18,364	18,364	17,992
		18,542	18,542	24,376
Tota I 2020		24,376	24,376

					Total	Total
			Direct costs	Support costs	funds	funds
			2021	2021	2021	2020
			f	f	f	f
	Charitable	activities	1,073,008	307,316	1,380,324	1,246,620
	Total 2021		1,073,008	307,316	1,380,324	1,246,620
	Tota I 2020		936,502	310,118	1,246,620
11.	Support costs
					2021	2020
					f	f
	Governance	(note 12)			11,040	12,851
	Information	technology			22,472	19,103
	Depreciation				14,477	13,871
	Office costs				9,980	18,614
	Staff costs				233,528	212,523
	Other support costs				15,819	33,156
					307,316	310,118

		2021	2020
		f	f
Audit fees		8,000	8,526
Legal fees		91	2,090
Professional	fees	1,395	1,915
Subscriptions		1,554	320
		11,040	12,851
Net income/expenditure
		2021	2020
		f	f
Auditors remuneration		8,000	8,526
Depreciation		15,588	13,870

	2021	2020
	f	f
Wages and salaries	1,119,483	942,808
Social security costs	78,734	65,786
Pension scheme	61,526	49,495
Other staff costs	19,690	45,413
	1,279,433	1,103,502

			2021	2020
			No.	No.
Average	weekly	employees	62	57

	Freehold	Office	Computer
	property f	equipment f	equipment f	Total f
Cost or valuation
At 1April 2020	447,293	32,586	10,656	490,535
Additions		10,024		10,024
At 31March 2021	447,293	42,610	10,656	500,559
Depreciation
At 1April 2020	25,070	18,944	888	44,902
Charge for the year	8,885	5,637	1,066	15,588
At 31March 2021	33,955	24,581	1,954	60,490
Net book value
At 31March 2021	413,338	18,029	8,702	440,069
At 31March 2020	422,223	13,642	9,768	445,633

		2021	2020
		f	f
Trade debtors		11,294	17,379
Other debtors		289
Prepayments	and accrued income	24,126	16,500
		35,709	33,879

				2021	2020
				f	f
Trade creditors				941	6,945
Other taxation and	social security			20,095	16,863
Other creditors				7,279	10,482
Accruals and deferred		income		94,340	82,658
Self-directed Support				625,431	478,430
				748,086	595,378
				2021	2020
				f	f
Deferred income at 1		April 2020		30,778	5,540
Resources deferred	during the year			54,409	30,778
Amounts released from previous			periods	(30,778)	(5,540)
				54,409	30,778

	Balance at 1
	April 2020			Transfers	Gains/	Balance at 31
	as restated	Income	Expenditure	in/out	(Losses)	March 2021
	f	f	f	f	f	f
Unrestricted
funds
Designated funds
Close down costs	77,286					77,286
Working capital	276,000					276,000
Pension deficit 3
months	9,021					9,021
	362,307					362,307
General funds
General funds	422,168	1,096,126	(967,037)	3,634		554,891
Pension reserve	(377,000)		(22,000)		18,000	(381,000)
	45,168	1,096,126	(989,037)	3,634	18,000	173,891
Total Unrestricted
funds	407,475	1,096,126	(989,037)	3,634	18,000	536,198
Restricted funds
National Mind	18,437	2,961	(17,467)	(3,931)
Ripple Effect	31,459	73,021	(76,130)			28,350
Get SetTo Go	16,239	5,450	(19,813)			1,876
Families in Stress	56,376	93,868	(82,454)			67,790
Wellbeing
Practitioners	40,589	107,500	(126,723)			21,366
KFIM —Veterans
Families		24,250	(22,826)			1,424
Mentally Healthy
Universities		30,774	(27,209)			3,565

Statement offunds	(continued)
Statement offunds - current year			(continued)
	Balance at	1			Transfers	Gains/	Balance at 31
	April 2020		Income	Expenditure	in/out	(Losses)	March 2021
		f	f	f	f	f	f
MOD Covid-19
Impact Project—
Movement
Therapy			9,881	(8,300)			1,581
IT Funding—
National Mind			5,000	(4,668)			332
Listening Line —N
Mind Covid-19
Loneliness Fund			23,663	(23,960)	297
PCC Anger
Management			5,000	(7,062)			(2,062)
Magpies-
Reaching
Communities			94,041	(17,217)			76,824
	163,100		475,409	(433,829)	(3,634)		201,046
Total offunds	570,575		1,571,535	(1,422,866)		18,000	737,244

						Balance at
	Balance at			Transfers	Gains/	31March
	1April 2019	Income	Expenditure	in/out	(Losses)	2020
	f	f	f	f	f	f
Unrestricted
funds
Designated funds
Close down costs	77,286					77,286
Working capital	276,000					276,000
Pension deficit 3
months	9,021					9,021
	362,307					362,307
General funds
General funds	523,032	878,427	(992,047)	12,756		422,168
Pension reserve	(388,000)		15,000		(4,000)	(377,000)
	135,032	878,427	(977,047)	12,756	(4,000)	45,168
Total Unrestricted
funds	497,339	878,427	(977,047)	12,756	(4,000)	407,475
Restricted funds
National Mind	4,182	26,666	(12,411)			18,437
Make Do5 Mind	693			(693)
Mind & Body
Reaching
Communities	2,224			(2,224)
Ripple Effect	21,627	73,021	(63,189)			31,459
Magpies	6,863	32,712	(33,736)	(5,839)
Get SetTo Go	1,000	30,850	(15,611)			16,239
Families in Stress	37,649	93,868	(75,141)			56,376
Tesco Bags of Help	3,437	859	(296)	(4,000)

						Balance at
	Balance at			Transfers	Gains/	31March
	1April 2019	Income	Expenditure	in/out	(Losses)	2020
	f	f	f	f	f	f
Wellbeing
Practitioners	32,614	101,540	(93,565)			40,589
	110,289	359,516	(293,949)	(12,756)		163,100
Total offunds	607,628	1,237,943	(1,270,996)		(4,000)	570,575

			Balance at 1			Transfers	Gains/	Balance at 31
			April 2020	Income	Expenditure	in/out	(Losses)	March 2021
			f	f	f	f	f	f
Designated funds			362,307					362,307
Genera	I	funds	45,168	1,096,126	(989,037)	3,634	18,000	173,891
Restricted funds			163,100	475,409	(433,829)	(3,634)		201,046
			570,575	1,571,535	(1,422,866)		18,000	737,244
Summary offunds - prior year - as restated
								Balance at
			Balance at			Transfers	Gains/	31March
			1April 2019	Income	Expenditure	in/out	(Losses)	2020
			f	f	f	f	f	f
Designated funds			362,307					362,307
Genera	I	funds	135,032	878,427	(977,047)	12,756	(4,000)	45,168
Restricted funds			110,289	359,516	(293,949)	(12,756)		163,100
			607,628	1,237,943	(1,270,996)		(4,000)	570,575
Analysis		ofnet assets	between funds
Analysis		ofnet assets	between funds	- current year
						Unrestricted	Restricted	Total
						funds	funds	funds
						2021	2021	2021
						f	f	f
Tangible		fixed assets				440,069		440,069
Current		assets				1,225,215	201,046	1,426,261
Creditors due within one year						(748,086)		(748,086)
Provisions for liabilities			and charges			(381,000)		(381,000)
Total						536,198	201,046	737,244

		Unrestricted	Restricted	Total
		funds	funds	funds
		2020	2020	2020
		f	f	f
Tangible fixed assets		445,633		445,633
Current assets		934,220	163,100	1,097,320
Creditors due within one year		(595,378)		(595,378)
Provisions for liabilities	and charges	(377,000)		(377,000)
Tl		407,475	163,100	570,575

						2021	2020
						f	f
Net income/expenditure			for the	year (as per Statement	of Financial Activities)	148,669	(33,053)
Adjustments	for:
Depreciation	charges					15,588	13,870
Investment	income					(1,965)	(1,988)
Decrease in	stocks						781
(Increase)/decrease		in debtors				(1,830)	63,267
Increase in	creditors					152,708	11,105
Defined benefit pension			scheme			22,000	(15,000)
Net cash provided by operating				activities		335,170	38,982

					2021	2020
					f	f
Cash in hand					765,121	585,011
Self-directed	Support				625,431	478,430
Total cash and cash		equivalents			1,390,552	1,063,441
Analysis ofchanges		in net debt
			At	1April		At 31March
				2020	Cash flows	2021
				f	f	f
Cash at bank	and in	hand	1,063,441		327,111	1,390,552
			1,063,441		327,111	1,390,552

	At 31March	At 31March
	2021	2020
	'Yo
Discount rate	2.10	2.40
Future salary increases	3.95	3.35
Future pension increases	2.80	2.20
Inflation assumption	2.70	2.10
	At 31March	At 31March
	2021	2020
	Years	Years
Mortality rates (in years)
—for a male aged 65 now	22.5	22.4
—at 65 for a male aged 45 now	24.0	23.9
—for a female aged 65 now	25.3	25.2
—at 65 for a female aged 45 now	27.2	27.1

		At 31March	At 31March
		2021	2020
		f	f
Equities		739,000	572,000
Gilts		198,000	150,000
Corporate	bonds	120,000	81,000
Property		133,000	100,000
Cash and	other liquid assets	18,000	33,000
Other		306,000	172,000
Totalfair	value ofassets	1,514,000	1,108,000

		2021	2020
		f	f
Interest income		(30,000)	(30,000)
Interest cost		39,000	39,000
Total amount recognised in the Statement offinancial activities		9,000	9,000
Movements in the present value ofthe defined benefit obligation	were as follows:
			2021
			f
Opening defined benefit obligation			1,485,000
Current service cost			33,000
Interest cost			39,000
Contributions by scheme participants			1,000
Act u aria I losses/(gains)			216,000
Benefits paid			(36,000)
Liabilities assumed in a business combination			157,000
Closing defined benefit obligation			1,895,000
Movements in the fair value ofthe charity's share ofscheme assets were as follows:
			2021
			f
Opening fair value ofscheme assets			1,108,000
Expected return on assets			30,000
Actuarial gains/(losses)			234,000
Contributions by employer			20,000
Contributions by scheme participants			1,000
Assets acquired in a business combination			157,000
Benefits paid			(36,000)
Closing fair value ofscheme assets			1,514,000