Cornpany Registered Number.. 01796928 Charlty Registered NUmr.. 292708 BRENT, WANDSWORTH AND WESTMINSTER MIND (A Company Limited by Guarantee) TRUSTEES, REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
BRENT. WANDSWORTrI AND WESTMINSTER MIND IA Company Limited by Guarantee) CONTENTS Page Referen¢e and Admlnl$trtlve Detsll$ of th Charlty, Its Tru$kn$ #nd Advltse Trustees. Report 3-20 Statèmont of Trust••$' Responslbllltlo$ 21 Ind•p•nd•nt Audltorfs R•port on th• Flnn¢lal Stt•mènts 22-25 Statement of Flnanclal Actlvltles 26 Balanco Sh¢•t 27-28 Stat•ment of Cash Flows 29 Notes lo the Flnanclal Stst•ments 30-55
BRENT. WANDSWORTH AND WESTMINSTER MIND IA Company Llmlted by Guarantse) REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARITY. ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 31 MARCH 2022 Trustees Sue Willi8mson. Ch8ir Rosie FaeT, Vice Chair Jonathan Lawlor. Tasur Momotsj Islam Gail Wingham Thom85 Fitzgerald Gavin Mccabg Darren Woolley James Newman Company rngl8t•r•d numbor 01796928 Charlty r•glstor¢d number 292708 Rogl8ternd office Hopkinson House 6 Osbert Street London SW1P2QU Chl•f •x•¢utlv• offl¢•r Simon Thompson Indopond•nt audltor MHA Maclntyre Hudson Chartered Accountan15 and Statutory Auditors 6th Floor 2 London Wall Place London EC2Y SAU Page 1
BRENT. WANDSWORTH AND WESTMINSTER MIND IA Company Llmlted by Guarantee) REFERENCE AND ADMINISTRATIVE DETAILS OF THE CHARrrY. ITS TRUSTEES AND ADVISERS ICONTINUEDI FOR THE YEAR ENDED 31 MARCH 2022 Bankers Royal Bank of Scotland London W9 3QR Santander Bridle Road BcM)tle Merseyside G1ROAA Sollcltors Dru$ LLP Salisbury House London Wall London EC2M 5PS Page 2
BRENT, WANDSWORTH AND WESTMINSTER MIND IA Company Limitèd by Guarant¢è) TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2022 TheTrustees presenttheirAnnual Report togetherwlh Ihe audited financial statements of the Charity for Ihe year ended 31 March 2022. The TnJstees confirm that the Annual Report and financial statements of the Charity comply with the current statutory requiremenls. the requirements of the company's governing document and the provisions of the Statement of Recommended Pra¢ti¢e ISORPI, applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021. Since the Charity qualrfies as small under section 383, the strategic report required of medium and large companies under The Companies Act 2006 (Strategic Report and Directorfs Reportl Regulations 2013 is not required. AIMS, OBJECTIVES AND ACTWMES Our Strateglc Context 2022 Over this financial ygar, we saw pandemic restrictions begin lo lift, the vaccination pro9ramm& roll out and a gradual return to normal lrfe, albeit with significant long-lemi societal changes. Towards the end ol the financial year, we hav8 also seen addilional pressures with the impa¢l of Brexit, the fu81 crisis, rising inflation and the war in Ukraine. For Mind in Brent, Wandsworth and Weslminsler. the scKielal changes have implications for our siles and how we deliver our services. The additional pressures signal Ihe evef more important need for mental health support as Pgoplg lace more stress and heallh inequalities are likely lo ¢Jeepen. We will also be affe¢led by Ihe growing fi'nancial pressure on the NHS and local authle$ to deliver more services wth less resources. Over this year, much ol the focus has been on Ihe changes within NHS commissioning with the Integrated Care Systems achieving more dominance and beginniro lo gain more definition. The ICSS are also developing long- term partnerships with conglomerates ol Volunl8ry and Community Sector Ivcs) providers. which are likely lo become supply chain managers ol commissioned NHS services. We have also seen Ihal the NHS is facing severe financial strain and recruitment problems. and there are likely to be ftjrther iterations of the ICSS. Within tenders. wè sge that recwiting and retaining wellqualified stsff is increasingly an anxiety that we need to recognise. These changes have meant that naValifig commissioner relationships arKJ developing long-tem partnerships has become increasingly irnportanl. Across our Senior Management Teaffl, we have been spending lime allendin9 key strategic provider meelin9s a1 txjilding f8latKJnships and partn8fships. The pivot to hybrid working which was forced by the pandemic is now recognised as being a permanent change, increasingly expected by colleagues and acting as an imporianl recruilrnent tool. Our resultant need for a reduced office footprint led us to explore options for a more streamlined space, enabling u5 to reduce costs and place more emphasi5 on the Wellbeing Hub aspect of our premises. Towards the end of this financial year, we also received the news thal two of our CoLJncils, Wandsworth and Westminster, now have an elected Labour majorty. We awail to see if ihis will result in any changes in commissioning prioritses or in our posilioning as a provider ol dinically infom)ed community mental health services. Page 3
BRENT, WANDSWORTH AND WESTMINSTER MIND IA Company Limitèd by Guarant¢è) TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2022 Our ObjectiV8S The objectives of the Charity are lo promote the preservation and safeguarding of mental health, and the relief of r$on$ suffering from mentsl disorder or disability, in association with nabonal Mind. We are here for everyone with a mental health need, including those in the workplace. Our Vlslon We're here lo make sure everyone with a mental health problern gets the support they need lo recover. To achieve this vision. we work each and every day to: Improve our availability to local communities. utilising new and creative ways lo enable access for P8Dple that don't meet criteria from our commissioned services. We will do this by developing a peer support servic8, and group counselling in partngrship with Mind in the Royal Borough of Kensinglon and Chèlsea. Be nexible and inclusive, combining professional know-how v4ith the expertise from pgoplg wilh lived experience ol mental health problems. Place excellent clinical and care govemance al the centre of our services. Deliver inlegraled service5 for health and social care comrnissioners., patient SUPPOrt for GPS., public health programmes and in-work training and support for employers. Be financially robusl and work across organisational boundaries. along$Kle our partngrs to g8t th8 b8St outcomes and value for money. Work llabOratIVelY with other men181 health charilies and providers lo enhance our own ski118 and provide more creative and innovative services. Seek opportunities to widen the services we offer, across our own boroughs and explore new services in neighbouring boroughs. Harness our colle¢live expertise across KCW (Kensington. Chelsea & Weslminslerl boroughs. Our Coro Valuos OPEN.. Captures how we are inclusive, accessible, community focused and open lo ch8nge. EXPERIENCED: Our teams bring knovAedge, exp8rtisg and Iivgd expgrionce. They capture reliability, history, and professionalism- both individually and as a collective. UNSTOPPABLE- Our rnindsel is aclive. change-focuse(I, and forward thinking. Whilst also showing us as the change makers, ¢ampaigners. and activists we are. TOGETHER: We walk alongsh1e the people we suprM)rt. We're here to fight for everybody's mental health. Page 4
BRENT, WANDSWORTH AND WESTMINSTER MIND IA Company Limitèd by Guarant¢è) TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2022 STRUCTURE, GOVERNANCE AND MANAGEMENT Brent. Wandsworth and Westminster Mind is a company limited by guarantee incorporated on 2 March 1984 and registered as a ¢harity on 11 October 1985. The Original Charitab MpanY was establish8d under a memorandum of association. selting out the objects and powers of the charitable company which is govemed under its articles of association. Our conststution was reviewed and updated according to best practice and current regulatory and legal compliance and the new and revised Articles of Associats'on were approved by the Trustees of Brent, Wandsworth and Westrninster Mind in July 2017. Organlsatlonal Stru¢ture Brent, Wandsworth and Westminster Mind has a Board ofTrustees who meet bi-monthly and are responsible for the strategic direction and policy of the Charity. Tnjstee development is key to the role and the Board has strong representstbon across service users. finance. govemance an(J dinical services. Therg arg 3 formal subcommitt08s of the Boar(l.' Finance and Services Committeg Strategy and Growth Committee Qualily and Performance Committeg The addition of Ihese subcommiltees enhance the existing 51rong govemance, and enables attention. scrutiny and locus as the charity continues to grow and develop. 11 also enables all Trustees to play 8 lively and 8clive part in the safely, compliance and innovation aligned lo ils core agenda. We are passionate about conknnuously reviewing our governance. Ihe quality ol our service5, people and ourselves. We have continued lo locus on a deep analysis into our performance and did this against the Charity Govem8nce Code which was formally adopted by the Board as a driver lo apply recommeniyed best practice. We, 8$ 8 Board of Trustees, together wilh the Senior Managemenl Team ISMTI held an away day lo review pèrfomianc8 and that ol the SMT. We continue lo have confidence in th8 quality of th& peopl8 in post and th8 processe$ in silu. A scheme of delegation is in place and the day to day responsibility for the provision of the Charity's services rests with the SMT, consisting of ihe Chief Executwe ICEOI along with their Director team, of which thère are the following post holders. Finance and Resources Servi¢e Delivery and Operational Standards Human Resources and Organisational Development Clinical Lead Business Development and Fundraising The CEO is responsible for ensuring thal the Charily delivers the services specified and that key performance indicators are met. The Service Managers have responsibility for the day-ttrday operational management of the services and individual supervision of the siaff leam. In September, the Head of Service Delivery and Operational Standards left the organisatson. In r8sponsg. Ihg CEO look on this role leMrarity lo review 8nd design 8 new operational management $trurtu. Page 5
BRENT, WANDSWORTH AND WESTMINSTER MIND IA Company Limitèd by Guarant¢è) TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2022 Members The Members of the Board, who served during the year and up to the dale of thi5 report are listed on page 1. All Members of the Board are Members oflhe Charity and guararhlee lo contribute to the assets ofthe Charty in the evtrnl of il being wound up su¢h amounts as may be required, not exceeding £1, 8ither as Memb&rs of the Charity or within twelve months ol leaving membership. The totsl number of such guarantees at 31 March 2022 was 9. Members of the Board are Members of the Chanty. but this entstles them only to vob'ng rights. Recruitment and Appointment of Trustees Once the ideal skill experience profile has been identrfied, the vacancy is advertised on the Mind in Brent, Wandsworth & Weslminsler Websile and social media platfoms. Alernalively, we make direct approaches lo professional bodies and other voluntary organisalions. Preference should be given to these approaches as opposed lo personal contacts as the inlenknon is lo promote diversity and avoid conflicts of interest. The Charity seeks to ensure diversity in its Board of Trustees and nSIderatIon is given to ways in which groups that are underrepresented might be reached and encouraged lo apply. People enquiring lo become Trustees are sent appropriate documentation about the charity and the role of a Trustee including a Trustee 'Job Description. and are asked lo complelg an application lomi. Application fom)s are considered and a vole tsken al the following board meeting in accordan¢e with the proc8duo for app)inting Trustees detailed in the goveming document. Tru8t•• Inductlon and Tralnlng All new Trustees parts'¢ipale in an induction workshop with the SMT and are provided with core governance documents on the role and responsibilities of a Truslee. Ongoing Iraining is through an annual facililaled strategy workshop and access to topical events of r•l8vance lo th8 Trust88 rol8. Trustees who do not hav8 a financial background, have had several training events with finan to ensure enhanced understanding of the financial budgeting and viability ol the Charity. The annual strategy workshop addresses a Trustee skill review, identifying ny training or development needs. All Truslees receive quarierfy briefings on the services provided by Brent, Wandsworth and Westminster Mind and have the opportunity to visit seryices and parts'cipate in groups for Service improvement and devglopmenl. The Charity has embarked on a new and excitingjoumey of offering more services to our beneficiaries. Through the Charity's governance structures and skills assessment of Board Members, identification of new talent and skills Sets were identified, and in¢Jividuals were specifically sought out to enhance the Board of Trustees. The Charity h8s also adopted the Charity Commission Govemance C¢JYe ol Conduct as a tool to support continuous improvement. Openness, Accountability and Diversity remained a key area of focus and improvement. This has enhanced our service user's representalion, skills in corporale 9ovemance, communications and marketing and property management. These areas logelher with Ihe existing competences provide continued sound performance and quality controls for moving forward. Trustees receive regular briefings and psentationS from service areas, which enables them to be ftjlly aware and engaged with the services we run and opportunilies and challenges they experience. This then informs key decision making, based on CEO recommendation, such as addilional inveslment or change in direction. Briefings also enable Trustees to advise. from a strategic viewpoinl. using their specialist areas of expertise, including service user experience. communic8liorb5 and organisalion81 development. This informs key dec5ion making, which allows then to have strong governarKe ar insight of the organisatson. Page 6
BRENT, WANDSWORTH AND WESTMINSTER MIND
IA Company Limitèd by Guarant¢è)
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 MARCH 2022
Remuneration Policy for Key Management Personnel
The Trustees consider that the Board of Trustees and the SMT comprise the Key Management Personnel of the
Charity. All Trustees give their lime freely and no Trustee received remunerab.on in the year. Details of Trustees,
expenses and rtrlatsd party transactions are dis¢lostrd in notes lo Ihtr a¢¢ounls. The Charity's SMT are all paid
in accordance with a published scale of gra
BRENT, WANDSWORTH AND WESTMINSTER MIND IA Company Limitèd by Guarant¢è) TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2022 To mitigate these risks. we have.. A Business Plan. set annually from a three-year strategic plan and routinety monrtored at Board level. Regular service quality reviews to further ensure safeguarding, duty of care, legislative compliance and service outcomes. The regular review and implementation of Written procedures. for example financial procèdures, HR policies and procedures. Investmtrnl in staff training and development. A framework to 8ddress the health. safety and security of stsff and clients. Staff care and support. with a focus on wellbeing and vehicles to Support staff cohesion. Reviewed otjr premises and made the slralegic de¢ision ¢0 relocat8 our main office lo a sits with a smaller stsff footprint and improved community facilities. Embedded changes in working practice lo enable staff safety and creative working solutions, and make more efficienl use of our eslales. Invested in Business Development, with a focus on streamlined processes and increased activrty. Ensured that our delwery is aligned to the strategic health and social carè priorities within each borough. Taken a proactive approach in communicabon with commissioners and preparation lor potential tenders. Undert8ken 8 review of our slaffing structure lo provide a consolidated approach lo dalivery that makes the best use of resources and creative solutions. Increased locus on our Markeling and Communications to increase our profile in a competitiva marketplace. Continued lo meet the needs oflhe people we support, adhering to safeguarding policies and procedures and working in partnership to address the full sp8ctrum of mental health problems. Refined our bidding process. exploring partnerships and working with exlemal consultsnts. Engaged specialist premises and legal expertise to manage our property assel5. Appointed a new IT provider who will mtxlemise our platform anLI ensure we have the best systems for effective hybrid working. To reduce financial strain on budgets, we firKI creative working solutions, hav8 transparent conversations with eommissioners and idenlrfy new w8yS to attract and retain talented Staff. ACTIVITIES AND PERFORMANCES IN 2021122- Volunte•r Support for our Char5tablo Actlv5t5es BnI. Wandsworth anij Weslminsler MINJ is supported by v¢Junteers. which enables the Charity lo achieve far more for beneficiaries. In 2021122 this essenlial contribution included.. Providing warm and welcoming reception services at all localions. Providing support with administratson and service delivery on key community programmes. Sharing lived experience and increasing wellbeing Ihrough peer coaching. Supporting meaningful activities In the community and in our wellbeing hubs. Engaging in client involvement and consullatson activities. Supporting fundraising activities across all localions. Providing clinical interventions through our Student Counselling Servi¢x for LSBU Students. Ensuring Members of our Board of Trustees include people wilh lived experience. Page 8
BRENT, WANDSWORTH AND WESTMINSTER MIND IA Company Limitèd by Guarant¢è) TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2022 Clinical Services Ps Cholo ical Thtrr8 i8s Servic Thtr Improving A¢¢ess lo Psy¢hologi¢al Therapies IIAPTI Slep 3 counselling provision in Westminster in Partnership with CNWL NHS Trust an¢J Healthshare has been operating since April 2020. The fully NICE compliant service has been providing treatment to patients almost exclusively remotely via telephone and video platforms over the past 12 months due to the pandemic. The Contract for this servi¢e has been extended unts'l March 2023 and Saw an Increase of 8.5% in contractual value as part of this extension. The service met its recovery rate targel of 50% in 5 out of the 12 months during this period. We treated 917 pats'ents, meeting both its wailin9 bmes for assessment and Ir8alm8nt Èvery month. The London Southbank University Counselling service conb.nues to h8ve trainee and qu81ifiod Honorary (Volunteer) Counsellors as its clinical team. Our range of integrative modalities means that we can offer a range of intarventions and provide ihe best recommènded treatment intervention for an individual. We exceeded the target of 1200 clinic81 hours for the year. which 81s0 resulted in an increase in income lor this activity and for 51udenls lo have support to maintain their education. The contract for the service is due to expire in August 2022 and an extemal competitive lender is expected to take place over the summer lo decide who the future provider will be beyond then. In 2020, we began delivering iwo new projects (unded by South Wesl LorOn CCG and North West London CCG. These pilots have now become longer terni contracted services, providing support for 155 peopla bergaved by suicide and pul us al the forgfronl ol a natsonal agenda to better understand the issugs surrounding suicide in order lo prevent and reduce further deaths. In July 2021, we started lo deliver a two year projecl, funded by SWL CCG, to deliver a Suicide Prevention Project across six boroughs in South West London. This was focused on community and educational settings engagement. Ulilising a Volunteer Community Champions approach, engagement with schools, educational institutions and young persons agencies has been high. In addition, we have a growing foolprint in communities, working with local businesses and public setb'ngs. In Fèbruary 2021. we were commissioned by South Wesl London CCG lo conduct a consullalion piece of research lo engage with women who have experienced tokophobia Ifear of giving birth), birth trauma or pèrinatalln8onatal loss and have been supported by 8XlSting seryices. This kèy exercise will hèlp inform the CCG of their commissioning requirements in this area an¢J what additional services would be helpful in the lulure lo enable better. more tailored care. In Oclober 2021. a comprehensive report was submitted lo SWL CCG who have been using this research to help shape their fijbjre service model and commissioning Sntentions in this area. Page 9
BRENT, WANDSWORTH AND WESTMINSTER MIND IA Company Limitèd by Guarant¢è) TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2022 Key highlights and outcomes indude.. 98.10 of patients waited less than 6 weeks for their first appointment, and lo0. wailed less than 18 weeks to stsrt ¢ounselling, against national IAPT waiting time targèts of 750k and 95% respectively. S0°/0 of LSBU students who completed a course of treatment reported feeling significantly less anxious and depressed than 8t the stsrt ofthe treatment. This outcome met the tsrget of 500/0 for this performance indicator. Since April 2021 - March 2022. the Posfvenlion Suicide support service in NWL and SWL boroughs received 456 referrals, a significant increase from 212 referrals in the previous year. 221 people took up some continued support following referral. BO88n July 2021- Mar¢h 2022. the SuKide Prevention $efvKe$ statistics arg as followed.. - Total number of sessions provided lo Community services and agencies was 30. Total number of sessions provided lo CYP and educational settings was 13. - Totsl number ol attendees across both a3$ was 689. - Total number ol ag8n¢igs and organisalions engaged wlhin the Community was 45. Totsl number ol agenci¢s and educational institutions engaged was 30. Children and Youn Peo le's Services CYP Services The M•ntsl Health Support Team IMHSTI supports the mentsl health and wellbeing ol children and young people with mild to moderate mentsl health problems. The service is based within 33 Westminster schools. We deliver evidencethbased interventions (guided self-help based on cognitNe behavioral Iherapyl and workshops lo children. young people. parents and school staff. The service is funded by the NHS Eng18nd and Northwest London Central Commissioning Group ICCGI. During 2021-22. wg delivered ong-twne support to 534 children. young people and Ihelr famllles. We delivered 3W psy¢hcTredu¢ational workshops and a$s¢mblies to 9679 ¢hildron, young people, parents and school staff. During the year we finalised the Service Evaluat*)n to determine the effectiveness of the service. Overall, the results suggest that our MHST is providing a highly effective service for young people in Weslminster. This is demonstrated through the ease ol access to the service. Ihe high upiake and completion of inlervenlions.. the successful improvement in symptom scores: positive service-user feedb8¢k., th representativeness of access to our service anK>ngst a number ol dwersity and disadvantaged characterfsllcs., and through th8 quick and effectiv8 way th8 s8rvice has dealt wth any challeng8s laced. This 1$ particularfy impressive given (his was during the ongoing Covid-19 pandemic. Mental Heatth Youth Workers Service This is a new pilot service that started in July 2021 funded by WCC. The servio? was sel up lo provide a prevenlalive. eady inlervenli¢)n service to the young people who access 5 youth hubs in Weslminsler. We have engaged in 1".1 and group emotional well-being sessions, supporbng and empowering young people, their parents and families. We have worked with statutory and non-statutory S8rvicès to providè a program of activilies which are targeled at individuals in need ol specific suppcKt. Since July 2021, we have supported 265 young people and delivered 60 different workshops to young people and youth clubs. staff. Page 10
BRENT, WANDSWORTH AND WESTMINSTER MIND IA Company Limitèd by Guarant¢è) TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2022 Mentall Health Universities MHU We deliver a programme of workshops and trainiro for students at the London School of Economics and Political S¢ion¢&. Over 130 students signed up for sessions and 53 students undertook hour-long workshops on mental health and wellbeing. designed specifically for Iheir cohort following the Menially Healthy Universities programme we delivered over the past NYO years. We also engaged with students through sharing of free resources and materials. including a stall during Mental Health Awareness Week. Non-cllnlcal Servlces Housin Services Brent, Wandsworth and Weslminsler Mind continued Io Pfovide Housing Support services for Brènt and Wandsworth Councils, increasing our conlribvlion lo the support we offered across two ol our three divgrsg London boroughs. Unfortunately, in lale 2021 we received confimialion Ihat our submission for the tender for Housing-Relaled Support in Brent had not been sucC51u1. Key highlights and outcomes include.. We worked with a lolal of 292 clients in 3 boroughs in 202112022. Move on lo more appropriate accoMmaOn was a¢hieved for 13 clients Utilisation of the Service Ihou$ing managgment units and $upport $pa¢e$l a¢ro$s all 3 borough$ was Wandsworth Floating Support Service ol Mind in Brenl. Wandsworth and Weslminsler continued lo be the only floating support service in the London Borough of Wandsworth befvleen April 2021 and March 2022. The support Service delivered during the year cornprised 34 Supported Housing Placement (Low Visiting Supportl- 23Q/o and 116 Floating Support- 77% to residents of Wandsworth Borough who already hav8 temporary or perrnanenl accommodations and only required the wrap around support we provide. They remained al lull capacily usage throughout the year. O The lolal number of servicg users we worked with in Wandsworth in Ihe year between April 2021 and March 2022 is 219. The service remained al 150 total capacity al year end which was the same capacity we started with. However, as of the end ol Ihe year we had a composition 0133 Supported Housing (Low Visiting Support) and 117 Floating Support Service Users receiving support from the servi¢e. O The total number of reported hospital admissi¢$ was 19. The number comprised service users who wer8 both admitted to physical h8alth hospitals and those that warè section8d and on admission at the mental health hospitals. 0 Throughout the year, 3 serious untoward incidents were reported. Move On lor service users throughout the year was achieved for 69 serwce users. Majority of the move ons We planned and were due to service usets ¢ompleling their support plans with us- 58 - 840k while th¢ rest ol the move ons within the period 11 16% was unplanned. The move ons for service users in our Supported Housing with low visiting support was mainly to accommodations wilh higher support provision and siaff on sile which we don'l provide and the resl of move ons were case closures of service users receiving floating support. O We worked with and provided support to a totsl number of 219 servi¢e users. O The total nurnr of complaints received during the year was 3 and all thè complaints have now been resolved. O Throughoul the year, we raisedlrepDrted 10 safeguarding concerns. / Floating Support Service Users who passed away dLsring the year was 3 betsveen April 2021 and March 2022 and were reported as part of the serious incidents figure provided above. Page 11
BRENT, WANDSWORTH AND WESTMINSTER MIND IA Company Limitèd by Guarant¢è) TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2022 Trainin Pr ramme Our training programme continue(I lo expand during 2021-2022. Our Training department delivered training se5srons lo over 601x1 people globally in 2021-2022. Sessions are being delivered online, face-to-face and in hybrid formats. The team are continuously developing the way they deliver sessions to reach maximum polential and increase impact. They have worked wilh over 80 new ¢ompanle$ this year. This year they formalised their ¢onsuliancy Iramowork to officially offer this as part of their seNice. They now offer 5 addib'onal trainin9 modules.. Bumout, Be Kind to Your Mind, Suicide Awareness and Prevention, Supporting Yoursew and Others, and Coping wrth Loneliness. The team worked closely with the fundraising team to bring in more business by setting up strateglc partnerships through training programmes (with a fundraising elemenll with corporate organisalions. Two staff members achieved full accreditalion as N•tlon•l M¢ntal Health Flr$t Ald In8tru¢tors through MHFA England. This has meant that we can now deliver MHFA courses by In- house trainers. Page 12
BRENT, WANDSWORTH AND WESTMINSTER MIND IA Company Limitèd by Guarant¢è) TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2022 Communty Programmes The programme portfolio supports the whde swtrum of menlal health recovery needs and provides sorvices in the following categories.. Active Wellbeing, Creative Wellbeing. Employment Skills Building, Hub Services and Life Skills. Key highlights and outcomes include.. Westminster.. Community Befriending is a service for people with moderate to high menlal health needs and is mostly funded by Weslminsler City Council wth the Personal Budgels of service users. In addition, some service users pay for Ihg s$rvi¢e thgmselves. 11 mal¢hes belrienders with pwple who often find it hard to cope, to manage day to day matters or lo lake an active part in community life. Our Community Befrienders help people develop seK-management skills, confidence and selfosteem and to move towards independence and life beyond services. Service users are encLJurag8d to develop their interests. connect with peers and become more active in the wider community. Key achiev8menls.' An average of 68 service users were Community Befriending clienis each quarter during 2021122, with more than 64 receiving support wilhin each quarter Icl 2020121.. 62 receiving support). A lolal of 6.187 service hours were delivered in 2021122 (cf 2020121.. lolal of 5,617 service hours). 77% of elienls reviewed reported better mental health and wellbeing Icf 2020121.. 70%>. 680/0 of clignls VieWed in¢rgase(I their engagement within the community andlor had gr8aler sell- confid8nc9 (cf 2020121.. 62%). 68Vk of clients rewewed were bettér abla to maintain ind8P8ndenl living skills (cf 2020121.. 69%). 70°k of clients rewewed increased their social engagement (cf 2020121.. 70 /01. Through hamessing volunteer support, charitable lunding and public body support, our Weslminsler Wellbeing Hub continued lo deliver 8 WKle range of free life skill services. induding Music In Mind, gardening, yoga and non-contacl boxing. Our Harmoniou$ Choir ntinU$d lo meet virtually and sing ragulady. Wandsworth Wellbein Hub In this reporting period April 2021- March 2022.. Attendance Number of people supported.. 40 Number of parti¢iP8nls involved in contact in 12-week period prior lo end ¢J818 of reporting p8ri¢xl.. 34 185Qlol Number of contsct hours (all sessions}.' 4.129.15 Delivery Average number of ¢ontsd hours per partiCiP8nt.' 103.13 Number of sessions delivered.. 758 Page 13
BRENT, WANDSWORTH AND WESTMINSTER MIND IA Company Limitèd by Guarant¢è) TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2022 Demographic Gender. Female M810 18 22 45% 55% D8mographSc Ethnlclty.. White British Black Caribbean Asian Indian White Irish While European While Other Mixed White & Black CarIban Asian Pakistani Black African Chinese 18 45% 20° 10% 10° 2.50% 2.50% 2.50% 2.50% 2.50% 2.50% Service User Involvement al ihe Wandsworth Wellbeing Hub remains at the forefront of our delivery with an emphasis on service user involvement. Service users continue to work in Ihe kitchen, on reception. and facilitating groups. Fortnighlly service users. meetings are led by service users, involving taking minutes, chairing meetings, and sourcing agenija items. Our Active Wellbeing programme provides 1..1 physical aclivily support to individuals with diagnosis of severe mental illness ISMII and continues lo be cileij as a model of best practice. Participants on the programme have 10 weeks of 1".1 exercise sessions for 1 hour per week. In the $essK)ns they engage in a variety of activities including using equipment at Ial leisure centres, doing HIIT Ihigh-int8nsity interval training) workouts in IcKal parks, and engaging in yoga and jogging. Throughout the programrne we aim Io SUPFth participants to improve their cardiovascular health, physical fitness, and ment81 wellbeing. We help them lo sel personaliseil an¢J realistic goals lo work on through their sessions. Measures are taken for both physical activity levels and mentsl wellbeing al the start of the programme, at the end ol iheir 10 sessions, and al 6 and 12 month follow up. Our data largely shows that participant scores for physical activity leve15 and mental wellbeing increase over the 10 weeks and these results are generally maintained at follow ups. For financial year 2021-2022, 34% of participants scored very low or below average on the mental wellbeing measure al Iheir inilial assessment, and 83. Ihen scored average or above average at 3 month follow up, and 95°/0 at 12 month follow up. In the same period, 39% of participants scored low for physical activity levels at initial assessrnenl, and 55% then score(J wwM)derate at 3 month folknw up, and 65% scored moderate al 12 month follow up. We also offer free workshops for participants to take part in aloThJside their 1..1 sessions. They are delivered by organisations in the borough, offering nutritional advice, general wellbeing tips, and information on diabetes prevention and awareness. Overall. Active Wellbeing suppx)rts participants to become more independent in looking after their health and improving their lifestyle. Page 14
BRENT, WANDSWORTH AND WESTMINSTER MIND IA Company Limitèd by Guarant¢è) TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2022 Portu al Prints Work Grou Our creative service worked with 45 artists in 2021122 (compared lo 39 in 20191201. During this period, Portugal Prints complettrd ils first-ever arts council (unded project, which rgsurted in Portugal Prints holding an exhibition at the Zabludowicz Collection". Jusl.. As an Artist? Portugal Prints has also collaborated with the Whilechapel Gallery to produce a resource that has sat in the gallery for members of the public to be able to use. Two Portugal Prints artists have been selected lor the Royal Acaderny Summer Exhibition for the second year in a row. We continue lo build partnerships Wlthin the arts and the broader community. Central Sepi5ces Central Services are the core Organisational function5 that enable our colleague5 to provide 5ervic85 for the ptsople In our community th81 we support. This is delivèred by ensuring we have wèll trained staff. our financial accounting is of a high quality, and we are seeking new service opportunities andlor fundraising to d81iver more provision for our beneficiaries to access more services. Our Central Services functions consist of Business Developfflenl, Finance. HR, Marketing, ICT, Facilitie5, Health and Safety 8nd Governance. We have conlinve(I lo provide the underfying systems. support and expertise lo enable the Charity's effective delivery of services over tho past year. Key highlights and outcomes include.. Minimisin9 disruption and supporiing staff morale during the Coronavinjs pandemic, whilst embedding long-lemi changes in working practices. Comprehensive review of our ICT provisicA) and the undert8king of a procurement process for a now provider. Review of our estates and the strategic decision to lOcate our Westminster office lo reflect changes In working practice and improved service user laciliknes. The decision to increase focus on Business Development and reduce resource into Fundraising. Increased emphasis on delivering staff training Ihrough flexibility of our online plalfomi. Supporting colleagues through the process of moving lo a new provider after the loss of the Brent housing contract. Page 15
BRENT, WANDSWORTH AND WESTMINSTER MIND IA Company Limitèd by Guarant¢?) TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2022 Future Plans It now feels like we are at Ihe end of the global pandemic which lasted longer than anyone could foresee in March 2020. Howèvèr we arè now èntering a new period of financial uncèrtainty ¢aused by Brèxit, fuel uncertainties, the seismic effect of the pandemic on businesses and the new threat of the war in Ukraine. We ar8 already seeing increased pressure on thè budgets of Local Aulhorilies and the NHS. Thè NHS now has longer wailing lists than any lime in ils history couple¢J with a Crisis in recruitment. We are seoing that NHS commissioners are placing increased emphasis on partnerships wthin the Voluntary and Charity Sector and that the strength of our relationships is inlegral lo our success and future growth plans. We also see increased compelikn'on across the provider network as ch8nb"e5 and organisalions assess the commissioning landscape and the funding decisions faced by our Lal Authority and NHS partners. The pandemi¢, Brgxlt and people's reassessment of their priorilies has also meant Ihat we face a recruitmenl crisis Wlth increased difficulty, and expense. to secure svilably qualified stsff. This recruilmenl crisis is being fell across the system and may lead to an increased pressure lo increase wages. also felt as people cope with the Sncrease in living. We have focused on strengthening the Charity with improved govemance. processes and opportunth'es to attract and retain talent, as well as decisions made to reduce our office footprint, modemise our ICT provision and to nlroduce a sleeker, more efficient slaffing slruclure. Our strategic focus has been on areas that are key lo the wellbeing of society, during and post pandemic, and that will continuè to require statutory funding. Our smaller operating costs and pension liabilities have allowgd us lo position ourselves as a r8sw)nswe antl cost effective solution for commissioners. We continue to protect the financial viability of Ihe Charity through always undertaking commissioned services that provide full cost recovery or a strategic benefit. We are cautiously optimistic that this continued path of robust management and controls, always with our benefi¢iaries al the centre of our work, will further growth and the provision ol more services. Page 16
BRENT, WANDSWORTH AND WESTMINSTER MIND IA Company Limitèd by Guarant¢?) TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2022 The key tenets of the future plan are= In partnership with Mind in the Royal Borough of Kensington and Chelsea, build a community-based program across our Mind associations. focusing on supporting more residents to have access lo services and self-led groups and support. Continue to build and enhance our Training in mental health wellbeing for UK wide corporate companies, lo enable them lo become menlal he8tth champions. and enh8n¢e the quality of employees, lives, and tackle any remaining stigma associated with mental ill health. Work in partnership with South West London Minds to achieve the best outcomes for SWL residents. Build on the Suc$ of our Mentsl Heamh Support Teams in Weslminsler schools. Securing more clinically based Children & Young People ICYPI $eThices and develop additional CYP services drawing on clinical expertise and insight. Working with commissioners to provide a wider community offer. induding youth clubs, employability, and creative therapies. Increase the number of people accessing OUT Adult Services acros5 clinical services and community wellbeing. Develop and strengthen strategic relalionships an¢J parts)erships. Develop long-lerm Corporate Partnerships vtho can make financially significant conlribulions, and offer pro-bono support. Work creatively with community partners to find solutions to commissioner needs and pressures. Identify ways to increase the reach of Portugal Prints, devel¢Jping new partnerships. Amplify our profile wrth a stronger online presence and more OUard facing Communicatsons. In order to achieve this, in the context of a society and ststutory health and social care systems coping with the financial impact of the Coronavirus pand8mic and a cosl of living crisis, we will face challeng8s. But, our work to modernise and streamline our systems and siruclures mean we are equipped to offer the besl value lo Commissioners. In addition, although losing the Brent housing contract has reduced our immediate income, il has allowed us lo lully align ourselves lo the provision of clinicalty infom)ed, community based inlervenlions that support Ihg NHS and other partners lo attain their long lemi plans lo improvg mgnlal hgallh In our communilles. Th8 Charity will focus on= Securing contracls by aligning the Charity to ihe Integraied Care Systems {ICSI within London, this may include partnership work with other I81 Minds. Developing new relationships across our community. with an emphasis on marginalised communities and those most affected by hèalth inequalities. Explore luture service delivery in partnership with other charities in North Wesl London ICS area around new beneficiaries wlh complex mental he811h problems. Developing and investing in our training departmenl. building on our increased profile across the business communities. Developing new Adutt and CYP services, building out from our Clinical pvovision. Continually reviewing cost-effecliveness and where necessary, amending the approach. Increasing our community profile and provision, including a new Westminster sile. Refining our Business Development processes and expending less resource on community fundraising. Invesb'ng in our Marketing and Cornmunications and arbculation of our outcomes and livtsd experience voice. Demonstrating our quality and Servi user outwmes to illustrate what we do and our value for mongy, giving ¢ommissiongrs assuran¢g not only Cost l)ut the oul¢omes needed. Page 17
BRENT, WANDSWORTH AND WESTMINSTER MIND IA Company Limitèd by Guarant¢è) TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2022 We expect the coming year to be challenging, but we see our contribution of delivering quality mental health services as essential for a society coping with a cK>st in living crisis and the long-term impacts of the Coronavirus pandemic. FINANCIAL REVIEW Treasurer Statement BWWM is a community ment81 health ch8rity, and 8s such. is reliant on NHS funding. local authority contracts, business support and personal donations. The ntributIOn to BWWM from the nats'onal charity Mind IRef 2198301 Companies Hous$ 4243481- iotslled jusl £11k10.2% of revenues) in 2021122. Aggregated revenues, al £5.1 m, were down 2°h on ihe prior year. The underlying deficit included a £171 k pension liability write back in the 2021122 period Ifollowing a Pensions Trust notification) while the prior year revenue total benefited from a £770k bequest. Recently, il has proved hard lo compete wth much larger enlilies in retendering for local authority housinglsupporting people conlracls. In late 18119 BWWM lost ils Westminster housing services contract (annual revenues of £1.5m and a surplus conlribulion of £288k in the 2018119 accountsl. In the course of 2021122, the Charity also surrendered its maj¢y housing wnlracts in Brenl Irevenue$ of £2.1m and surplus ¢ontribution of £455k in 20211221. The key revenue impacts from this latest loss will now fall in the 2022123 period of account. The Charity is increasingly focused on ils dinical opttrali¢)ns. Accordingly, il now looks for growth and revenue diversific81ion from the continued build out ol psychological theiapies, community programmes, Portugal Prints, Community Befviending and Children and Young People ICYPI services. All these services. revenuas grow in the 2021122 period and there have been some notable coniracl gains in 2022123. The Charity has also entered a promising recent cooperation with Kensington and Chelsea Mind. In 2021122 aggregated costs rose lo £5.19m. bul nIaine(l one-off expenses totslling £206k. These non-recurring tems included.. restructuring costs following the loss of the Brent ntract,. investment in IT lo enable future flexible and remole working,. relocalion of Ihe office.. refurbishment of Ihe Badminlon Road investment property ready lor rental,. an accrued hdiday liability resuliing from CovKI', and cLJuncil tax payable on 2 Brent properties. Excluding all the non recurrent revenue and expense items suggests an implied underfying deficit of £56k In the year 8s compared to an undedy]ng deficit of £185k in 2020121. The decline in net current assets lo £1,087k is reflective of Ihe operating loss, but also growth in deferred income and some accruals which will reverse out in 2022123. Charity reserves declined 3% to £2.962k (2021- £3,053k). The main impact from Covid has been lo delay many aspects of the planned reconfigur81ion of the NHS around now Integrated Care SystemslPartnerships IICSI ICPsl. Despite ICSIICP progress in this regard, over 21122, many commissioning structures remain in hiatus. This has complicated and delayed our contract procurement processes. Page 18
BRENT, WANDSWORTH AND WESTMINSTER MIND IA Company Limitèd by Guarant¢è) TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2022 Reserves Policy and Liquidity 11 is the policy of the Board lo hold Cash reserves in order to.. Comply with legislation. regulations and best pracbce Meet contraclual liabilities should the organisation lose major income or need to dose Replace equipment as it wears out and carry out paIrS to buildings Provide working ¢apitsl when funding is paid in arrears The Board continues to lake a prLKlent position based on th8 bLKlget, risk register, growth plan, operating leases liabilities, staff costs and services conbnuity costs. To ensure sufficient finances in a worst case scenario, the Board believes, as a minimum w)S11ion, free reserves Ideffined as unrestricted funds not held as fixed assets and excluding investment properties) should Cover one ye8r of operating lease5 liabilities. centr81 services stsff and servi¢8 managers, one month ol gross salary an(1 polenlial redundancy costs. Prudently, as an upper rangg, free resetves should cover whatever is the larger of expected twelve month's net cash oufflow or three months of current total expenditure. This approach suggesis that under the resultant minimum and maximum ranges, the Charity should hold between £236.641 and £1.092.858 01 Iree reserves. As 8131 March 2022, free reserves sl(Mxl at £1,146,443 f2021 - £1,539,519). As al 31 March 2022. nel current assets slood al £1,086,638 (per Balance Sheell (2021- £1,454,528). The 8oard will continue lo explore strategic options lor use of free reserves sueh as investing in owned office space, enhancement of fixed assets and reducing longer term operating costs. We are currently investing, as part of our strategic growth plan, into additional key areas of capacity across the Charity lo support our transition Snlo ngw areas of delivery. COVIO-19 has t)oth compli¢algd and delayed our vIeW of property options, notably looking at reducing rent liability and investing in property lor our beneficiaries. In light ol contractual volatility and the limited numbers of contracts we hold, we would anticipats continuing io retain reserves sufficient to help potential lulure transformation needs. Publlc B•noflt Stat•ment The Trustees confim th81 they have COM*1 with the Ch8rity C¢xnmission's gener81 guidance on public benefit Sn determining the objectives and the a¢tivities of the Chartty. Brent. Wandsworth and Westminster Mind's ¢haritable purposè is enshrined in its objectiv6s.to promote the preservakn'on and safgguarding of m8ntal h8alth, and the relief of p8rsons suffering from mental disorder or disability Whilst following these objectives the public benefil principles are addressed. Clear benefits are delivered through the services described in the Activities section of this report and reflected in the di5c105ure of charitable expendituw in Ihg Slalemenl ol Financial Activrties. The beneficiaries are people suffering from mental disability or disorder based in the boroughs of Westminster, Brent and Wandsworth. However, services are available to clients from other boroughs. A significant number of people participate in the activities. Charges are made for some services, bul no individual is excluded by their 8bility to pay. dut to the avai18biltty of ststutory funding. Page 19
BRENT. WANDSWORTH AND WESTMINSTER MIND IA Company Limitèd by Guarant•è) TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2022 Going Concern After making appropriate enquiries, the Trustees have a reasonable expectation that the Charity has adequate resources lo continue in operational existence for the foreseeable future. The Charity has future proofed Itse as much as possible with its d$velopmenl of now services, and new appioaches to Commissioners. Psy¢hologi¢al work with adults and young people are very much partol the NHS mental health long term plan. It has undertaken management restructuring to ensure we have the most effective framework to foster commissioner relalionships and expand our service offer. We have invesled in our Partnerships Directorate in recognition that developing k)ng-term partnership5 is increasingly the direction of travel for commissioning. We have re4orecasled our growth 8mbilions down lor 202Y23, however 8t the time of the accounts being submitted we have gained further conlracts in Young People services and addilions lo our existing services in Suicide Prevention and Floating Support. For this reason. they continue lo adopt th6 going concem basis in preparing the financial statsments. Further Iletails regarding the adoption of the 90ing concem basis can be found in the Accounting Policies. PrlncSpal Fundlng The Core funding sources for Brent. Wandsworth and Wesbninsler Mind ar8 from conlraets lo deliver housing, health and wellbeing services lor Ihe Local Authority and NHS (via CCGS and Primary Care Networks IPCNsll. There are a number of services that are also purchased through client choice, using their social care personal budgets, or their own resources. In the year. Brent, Wandsworth and Westminster Mind also benefitted from granl-giving bodies, corporate and individual donations. supported by our website and premises subsidy income. Mind in Brent, Wandsworth and Weslminsler lakes our responsibility as a Charity with the ability lo lundraise vèry seriously, we are regislered with the Ftjndraising Regulalor and 8rg committ8d lo follow Ihg ¢odg of Fundraising Pra¢li¢e. In 2020121, we nol employ any professional fundraiser or commercial participator for fundraising activities. we received no complainls aboul lundraising activities and we have not made any direct approaches lo individuals for fundraising purposes. Prèparation ¢1 thè Rtport This report of the Board has been prepared tsking advantage of the small companies exemption ofseclion 415A of the Companies Act 2006. This report was approved and authorised for issue by the Board on 6 October 2022 and signed on its bghalf by.. Sue Williamson Chair Page 20
BRENT. WANDSWORTH AND WESTMINSTER MINO IA Company Llmlted by Guarante01 STATEMENT OF TRUSTEES. RESPONSIBILMES FOR THE YEAR ENDED 31 MARCH 2022 The Trustees (who are also the Directors of the Charity for the purposes of company 18wI are responsible for preparing the Trustees. Report and the financial statements in accordance wth applicable law and United Kingdom Accounting Standards {United Kingdom Generally Accepled Accounting Piaclicel. Company law requires the Truslees lo prepare fin8nci81 stslements for each fin8n¢ial ye8r. Undor ¢ompany law, the Twstees must not approve the financial ststements unless they are satisfied that they give a true and fair view ol the slate ol affairs of the Charity and of its incoming resources and application ol resoLJrces, inclLJdin9 Its income and expenditure, for thal period. In preparing these financial statements. the Trustees are required to.. select suitable a¢co(Jnting policies and then apply them consistently.. observe the methods and principles of the Charibes SORP IFRS 1021., make judgtsmgnls and accounting estimales Ihal are reasonable and prudtrnl.. stale whelher applicable UK Accounbng Standafds IFRS 1021 have been followed. $ubje¢l to any material departures disdosed and explained in the financial slalemenls.. prepare the financial staiemenls on the goiNJ concem basis unless il is inappropriate lo presumg Ihal the Charity will conlinue in business. The Trustees are responsible lor keeping atlequale 8ccounb.ng cOr{1S that are sufficient lo show and èxplain the Charity's transactions and disclose wlh reasonable accuracy 81 any lime the financial position of the Charlty and gnable them lo ensure that the financial slalements mplY th the Companies Act 2006. They are also responsible for safeguarding the asseis of the Charity and hence for takiThJ reasonable staps for th8 pr8v8ntion and detection of fraud and other irregularities. In so lar as the Trustees are awar6'. there is no relevant audil information of which the Charity's auditor is unaware,. and the Trustees have taken all steps Ih81 they ought lo have tsken lo make themselves aware of any relevant audit inforniation and to estsblish that the auditor is aware of that information. Approved by order ol the Members of the Board of Trustee5 and signed on its behalf by.. (£][,L° Il'a,0 Su• Wllllamson Chair 08le.' 5.10.2122 Page 21
BRENT. WANDSWORTH AND WESTMINSTER MINO IA Company Llmlted by Guarante01 INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF BRENT. WANDSWORTH AND WESTMINSTER MIND Oplnlon We have audited the financial statements of Brent. Wandsworth and WeslminsteT Mind Ithe 'ChariWI for the year ended 31 March 2022 which comprise the Slalemenl of Financial Acb"vilies. the Balance Sheet. th8 Statement of Cash Flows and the relate(1 notes. including a summary of significant accounting policies. The financial rgporting framèwork that has been applied in iheir preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporling Slandard 102 The Financial RepDrting Standard applicable in the UK and Republic ol Ireland. (United 'ngdoM Generally Accepted Accounts'ng Practi¢el. In our opinion the finanaal statements.. give a true and lair view of the slate of the charitsble companrfs affairs as 8131 M8rch 2022 and ol ils incoming resour¢es and application of resources. including its income and expenditure for the year then ended., have been properly prepare(l in accort18nce th Unile(l Kingdom G8ngrally Accepted Accounting Practice,. and have been prepared in accordance with the reqU1ments of thè Companies Act 2006. Ba81s for oplnlon We conducted our audit in accordance wilh Inlemalional Slandards on Auditing IUKI IISAS IUKII and applicable law. Our responsibilities under Ihose stsndards a further descnbed in the Audilorfs responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the 8thical requirements that are relgvant to our audit of thg financial ststernents in thg United Kingdom, including the Financial Reporting Council's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with Ihese requirements. We believe thal the audi( evidence we have obtained is sufficient and appropriate lo provide a basis lor our opinion. Caneluslans rnlatlng to golng cone•m In 8uditing the financial stslemenls, we have concluded th8t the Trustees, use of the 90ing concern basis of accounting in the preparats.on of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that. individually or collectively, may cast significant doubl on the charitable companys ability lo continue as a going ncern for a writxl of 81 least iwefve months from when the financial slaleffjenls are authorised for issue. Our responsibilities and the responsibilth'es of the Truslee5 Wth respect lo going concern are described in the relevant sections of this report. Page 22
BRENT. WANDSWORTH AND WESTMINSTER MINO IA Company Llmlted by Guarante01 INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF BRENT. WANDSWORTH AND WESTMINSTER MIND (CONTINUED} Other Informatl¢n The Trustees are responsible for the other information. The other information comprises the information included in the Annual Report. other than the financial stslements and our Auditor's Report ther8on. Our opinion on th8 flnancial statements does not cover the other inlom)ation and, except to the exlenl otherwise explicmy ststed In our report, we do not express any form ol assurance condusion thereon. In connection wth our audit of the financial stslements. our respN)n5ibility is lo read the other information and, in doing so, consider whether the other infomats.on is materially inconsislenl wth the financi81 slal&ments or our knowledge obtained in the audrt or otherwise appears ¢0 be materially misstated. If we identify such material inconsistencies or apparènt material missiatements, we are required to detèrminè whèther there is a material misstatemenl in the financial statements or a material misstatement of the other infomiation. If. based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required lo report that fact. W9 have nothin9 to report in this regard. Oplnlon on othtr mattèrn prnI¢rld by Compan1•• Ad 2006 In our opinion, based on the work undertaken in the course of the audit-. th9 infomiation given in the Trustees, R9POrt for the financial yfrar for which the financi81 Ststements arg prepared is consislenl with the financial slatemenls. the Trustees, Report has been ppared in accordance with applicable legal requirements. Matt8rs on whlch wé ar• requlred to report by 8xcoptlon In the light of our knoyledge and undelanding of the ¢harit8ble company and ils environment obtained In the course of the audit, we have not identrfied material misststements in the Twstees, Report. We have nothing lo report in respect of the lollowing matters in lation lo which Companie5 Act 2{ requires us lo report to you if. in our opinion.. adequate accounting records have not been kept. or retums adequate for our audit have not been r$ceived from branches not visited by us". ¢y Ihe financial statements are nol in agreemenl wilh the accounling records and relums.. or certain disdosures of Trustees. MUneration specified by law are not made.. or we have not re¢eive(J all the infomiation and explanations we reqLJire for our audit,. or the Trustees were not entiued lo prepare the financial slatements in accordan with the small cornpanies regime and tske advantsge of the small companies, exemptsons in preparing the Trustees, Report and from the requirement to prepare a Slralegic Report. Page 23
BRENT. WANDSWORTH AND WESTMINSTER MINO IA Company Llmlted by Guarante01 INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF BRENT. WANDSWORTH AND WESTMINSTER MIND (CONTINUED} Responslbllltlos of Tw$1$ As explained fnore fully in the Slaternenl of Trustees. Responsibilities. the Trustees (who are also the Directors of the chantsble company for the purposes of company lawl are responsible for the preparation ol the financi81 ststements and for being saknslied that they give a true and fair view, and for such internal control as th6 Trustèès detèrmine is necessary lo enable the preparation of financial statements that are free from material misstalement, whether due lo fraud or error. In preparing the financi81 stat6menls. the Trustees are responsible for assessing the charitable comp8nls ability to continue as a going concem. disdosing, as applicable, matters related to going concern and using the going concgrn basis of accounlin9 unless Ihe Trustees either intend lo liquidale the charitable company or to cease operations, or have no realistic aliemalive but to do so. Audltor'¥ r¢¥pon¥lbllltl•8 for th• audlt of the flnan¢lal $tatom•nts Our objectives are to obtain reasonable assurance aboLrt whether ihe financlal slalemenls as a whole are free from material rnisstalemenl, whether due to fraud or error. and io issue an Auditor'5 Report that includes our opinion, Re8sonable assurance is a high level of assurance. bul is not 8 guarantee that an audit ctsnducled in accordance with ISAS IUKI will aayS (lelect a material misslalemenl when it exists. Misslalemenls can aris8 from fraud or error and are consi(Jered material if, individually or in the aggregate. they could reasonably be expected lo influon¢e the gwTh)mic d1$1$ of usfjfs tsk*n on tho ba$1$ of th9$0 financial statemgnt$. Irregularilies. including fraud. are Instances ol non-compliance with laws and regulations. W& ijesign procedure8 Sn line wlh our responsibilities, outlined at)ove, to ¢Jelecl m81erial misstslements in respect of irregul8rilies, including fraud. The exlenl lo which our procedures are capable of detecting irregularities. including fraud is detailed below.. Obtsining an understanding ol the legal and regulatory Iramgworks Ihal the entity owrales in, focusing on those laws and regulations that had a direcl effect on Ihe financial statements,. Enquiry of management and Ih05e ch8rge(I wtth governance lo idenlrfy any instances of known OT suspected instsnces of fraud., Enquiry of management and those charged wlh govemance around actual and potential litigation and Claims., Enquiry ol management atrM)Ut any instances of non-compliance with laws and regulations. Reviewing the control systems in pla and testing the effectiveness of the controls,. Performing audit work over the risk of management OV6rride of controls, induding tèsting of journal entries and oiher adjustments lor appropriateness,. Evaluating the business rationale of 5ignifi¢8nt transa(aions outside the norm81 course of business., Reviewing accounting estimates for bias: Reviewing minutes of rneelings of those charged with govemance., Reviewing financial ststèmènt disclosurès and tèsting to supporting do¢umgntation to assess complian¢e with applicable laws and regulations. Because of the inherent limitations of an audit. there is a risk thal we will not detect all irregularities, including those leading lo a material misstatewnenl in the financial slalements or non-compliance wlh regulation. This risk increases the more that Complian wth a law or regulab.on is removed from the events and transactions reflected in the financial statements, as we wll bè less likely to coMe aware of instances of non-compliance. The risk is also greater regarding irregularibes occurring due to fraud rather than error. as fraud involves intentional concealment, forgery. collusion, omission or misrepresentation. Page 24
BRENT. WANDSWORTH AND WESTMINSTER MINO IA Company Llmlted by Guarante01 INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF BRENT. WANDSWORTH AND WESTMINSTER MIND (CONTINUED} A further de$iptIOn of our responsibilities for the audit of the financial ststements is k>cated on the Financial Reporting Council's website at.. www.frc.o .uklauditorsre sibilities. This description fomis part of our Auditorfs Report. Use of our r•port Thi5 report is made solely to the Charitys MernbeTS. as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we mohl state lo the Charity's Members those mallers wè are required to stsle lo Ihem in an Audilorfs Rtrport and for no other purpostr. To the fullest extent permitted by law, we do not accept or assume SponsIbl11ty to anyone other than the Charity and ils Members, as a body. for our audil woth. for Ihis report. or for Ihe opinions we have fomied. Stuart McKay Bsc FCA DChA {S•nlor Statutory Audltor) for and on behalf of MHA Maclntyro Hudson Siatulory Auditor London, United Kingdom Dalo.. 0911112022 Page 25
BRENT. WANDSWORTH AND WESTMINSTER MINO IA Company Llmlted by Guarante01 STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUND FOR THE YEAR ENDED 31 MARCH 2022 Unr•$trl¢tsd nd$ 2022 R•$trl¢t•d funds 2022 Tatal funds 2022 Total fvnds 2021 Note In¢omt Irom- Donations and legaaes Charitable activities Trading activities Investrnents Other income 85.576 4.603.574 165.429 378 8S.576 4.849,294 165,429 378 810, 714 4,267, 198 702,892 814 45,296 245,720 Total Incom• Expenditure on: Raising funds Charitable acb'vilies 4.854.957 245,720 5,100,677 5.226,914 75.269 4.869.066 75,269 5.116,575 50,295 4,592,521 10.11 247,509 Total oxpondltur• 4,944.335 247,509 5,191,844 4,642,816 N8t movem8nt Sn funds 189,378} 11,7891 191,1671 584,098 ReconcllSatSon of funds: Tol81 funds brought forward Nel movement in funds 3.051.051 189,378} 1,789 11,7891 3.052,840 191,1671 2,468,742 584,098 Total lunds Carrled forward 2.961.673 2,961,673 3,052,840 All income and expenditure derive from continuing aclivities. The Slalemenl of Finantyal Acliwbes includes all gains antl losses recognised in the year. The notes on pages 30 to 55 form part of these ffinanaal statements. Page 26
BRENT. WANDSWORTH AND WESTMINSTER MINO IA Company Limited by Guarantee) REGISTERED NUMBER: 01796928 BALANCE SHEET AS AT 31 MARCH 2022 2022 2022 2021 2021 Fixed assets Tangible assets Investment propety 15 16 1,092,539 800,260 1.077,217 770,000 1,892,799 1.847,217 Curr•nt as$•ts Debtor$.' Amounts falling due within one ygar Cash at bank and in hand 17 601,786 1,512,613 489,539 1.625,870 23 2,114,399 2,115,409 Creditors.. Amounts falling due wilhin one year 18 11,027.7611 (660,881) Net ¢urront assets 1,086,638 1,454,528 Total assgt$ less ¢urrgnt Ilabllltl•8 2,979,437 3,3Q7,745 Credilor5.' Amounts falling due after more than one year 19 {17,7641 (248,905) Total n•t a8S8ts 2.961,673 3,052,840 Charlty funds Reslricled funds UnstriCted funds 20 20 1,789 3,051,051 2,961,673 Total funds 2,961,673 3,052,840 Page 27
BRENT. WANDSWORTH AND WESTMINSTER MINO IA Company Limited by Guarantee) REGISTERED NUMBER= 01796928 BALANCE SHEET ICONTINUEDI AS AT 31 MARCH 2022 The Trustees a¢knowlodg$ thgir r8stK)nsibiliti&s for Complng th th8 rsquirements ol Ihe Companies Act wlh respect to accounting records and preparalion of financial statements. The financial statements have been prepared in accOrdar£ th the provisions applicable to entities subject lo the small companies regime. The financial statements were approve(l and authorised lor issue by the Tnjslees and signed on their behalf by.. (i}[ N"lL' Sue Wllllamson Chair Jonathan Lawlor Treasurer Dale.. 05.10.2122 The notes on paggs 30 10 55 fomi part of these financial stalements. Page 28
BRENT. WANDSWORTH AND WESTMINSTER MINO IA Company Llmlted by Guarante01 STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2022 2022 2021 Cash flow$ from op•ratlng a¢tJvltlos Net cash used in operating activities 22 148,7251 (44,607) Cash flows from Investlng actlvltles Investmenl income Purchase of investment property Purchase ol tangible fixed assets Proceeds from sale of tangible fixed assets 378 130,2601 134,4561 11941 814 16 15 (5,500) N•t cash used In Inv•stlng aVItIeS 164,5321 (4,686) Chang• In cash and cash equlvalents In th• year Cash and cash equivalents al the beginning of the year {113,2571 1,625,870 (49,293) 1,675, 163 Ca8h and 8h oqulvalont• at thè •nd of the y•ar 23 1,512,613 1,625,870 A5 thè Charity doès not havo any debt, an 8naly5i$ of nel debt has not bèèn produced. The notes on pages 30 10 55 ft)mi part ol these finanual statements. Page 29
BRENT. WANDSWORTH AND WESTMINSTER MINO IA Company Llmlted by Guarante01 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 General infomiation Brent, W8ndsworth and Westminster Mind Is a charitsble company and is registered wllh the Charlty Commission Icharity Registered Number 2927081 and Regislrar of Companies Icompany Registration Number 017969281 in England and Wales. In the event of the Charity being wound up, the liability in respect ol the guarantee is limrted to £1 per member of the Charity. The address of the registered offu is given in the Charity information on page 1 ol Ihestr fin8nci81 stslements. The nature of the Charity's owrations and principal activities are lo promote the presetvation and safe9uarding ol mental health, and the relief of persons suffering from menlal disorder or disability, especially in the Cty of Westminster. BorcNJgh of Wandsworth and Borough of Brent, in associats'on with National Mind. Accounting pollci08 2.1 8a$ls of preparadon ol Ilnancl•l st*tements The financial stslemenls have been prepared in accordance wlh the Charities SORP IFRS 1021- Accounting and Reporting by Charitses.. Stalement of Recommended Practice applicable to charities preparing their accounts in accordance wlh the Financial Repo.ng Standard applicable in the UK and Republic ol Ireland IFRS 1021. the Financial Reporting Siandard applicable in the UK and Republic of Ireland IFRS 1021 and the Companies Act 2006. Brent, Wandsworth and Weslminsler Mind meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accountsng policy. The financial statements are presented in sterling which is the function81 currency of the Charity and rounded lo the nearest pound. The significant a¢¢otJnling policies applied in the ppar8tK>n of these financial slalgmgnts are set out below. These policies have t)een consistently applied to all years presented unless othetwise stated. 2.2 Golng concern The Trustees have 8sse5sed the use of going concem and have considered possible events or conditions that might Cast significant doubt on the abiltiy of the Charrty lo wntinue as a going concem. The Tnjstees have made this assessment for a period of at least one year from the date of the approval of these financial statements. The Trustees have concluded Ihat there is a reasonable expeciation that the Charily has adequate resources to conlinue in operational exislence for the foreseeable future. The Charity therefore continues to adopt ihe going concem basis in preparing these financial statements. Page 30
BRENT. WANDSWORTH AND WESTMINSTER MINO IA Company Llmlted by Guarante01 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 A¢¢ountlng pollcles IntInued> 2.3 Income All incoming resources are include(l in the Statement of Financial Activib"es ISOFAI when th& Charty is legally entiued lo the income after any perfomance conditions have been mel, the amount can be measured reliably and it is probable Ihat the income will be received. For donations to be recognised, the Charity will have been notified of the amounts and the settlement dale in writing. If there are conditions aitached lo the donation and this requires a level of performance before entstlemenl can be oblained then income is deferred until those conditions are fully mel or the luifillment ol those conditions is wlhin the c(M)trol ol the Charity and il is probable Ih8t they will be fulfilled. No amount is included in the financial statements for volunte8r tsme in lin8 Wth the SORP IFRS 1021. Further detail is given in the Trustees. Annual Report. For legacies, enlitlemenl is the earlier of the Charity being notified ol an Impending distribution or th le9acy being received. Al this point income is recc¥nise(l. On occasion legacies will be notified lo th8 Charity however it is not possible to measure reliably the amount expected lo be dislribuled. On Iheso ¢x¢a$son$, Ihe legacy is Irgated as a conlingont asset and disdosgd. Income Irom trading activities includes income earned from fundraising events and trading activities lo raise funds lor the Charity. Income is received in exchange for supplyin9 goods and services in order to raise lunds and is recognised when enlillemenl has occvrwd. The Charity receives govemmenl granis in respect of fvrthering ts charitable objectives. Income from government and other grants are recognised at fair value when the Charity has entitlement after any performance conditions have been mel, il is probable that the income will be received and the amount can be measured reliably. ff entitlement is not mel, then these amounts ats deferred. Interest on funds helll on deposrt is include(1 vA)en receivable and the amount can be measured reliably by the Charity; this is nom)ally upon nolific8b.on of the interest paid or payable by the Bank. Other income is recognised in the period in which il is receivable and to the extent the goods have been provided or on completion of the service. Page 31
BRENT. WANDSWORTH AND WESTMINSTER MINO IA Company Llmlted by Guarante01 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 A¢¢ountlng pollcles IntInued> 2.4 Expenditure All expenditure is aceounled for on an 8c¢ru81s b8sis and has been cl8ssified undèr headings Ih8t aggregate all costs re18ted to the category. Expenditure is cOgnised once there is a leg81 or ¢onstru¢tive obligation to transfer economic benefit to a third paty. li is probable that a transfer of economic benefits will be required in seitlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. Expenditure on charitsble 8Ctivilies 15 incurred on ¢Jireclly undertaking the activities which further the Charitys objectives, as well as any associated support costs. Support ¢o$ts arg t1$$ that assisl lh& wryk of the Charity bul do not directly rèprgsent charitablo activities and include office costs. govemance costs, administrative and paymll costs. They ara incurred directty in SUPFM)rt of expenditure on the objects of the Charity and include project management carried out al Headquarters. Where support costs cannot be diredy attributed lo particular he8dings they have been allocated to Cost of raising funds and expènditure on ¢haritabl activities on a b8sis consislenl with use of the $OUr¢es.. Pr8mises costs, overh8ads and other siaff costs have bgen allocalgd ba$gd on thg average staff FTE lor the repOrtIr period., and Project Management costs have been all¢)cated based on 12% of project expenditure or as agreed with the lunder. Fund-ralsing costs are those incurretl In seeking voluntary conlrlbulions and do not include the costs of disseminating infomialion in support of the charitable activities. All expenditure is inclusive ol irrecoverable VAT. 2.5 Taxation The Charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Flnance Act 2010 and therelore it mèets the definition of a charitable company for UK corporation tax purposes. Accordingly, the Charity is polentially exempt from taxation in respect of incom8 or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Acl 2010 or Section 256 01 the Taxation ol Chargeable Gains Act 1992. to the exienl that such income or gains are 8pplie(l exclusively to charitable purposes. 2.6 Tanglble flxed a$$et$ and deprn¢latlon Tangible fixed assets cosbng £1,CKKS or more are capilalised and recognised when future economic benefits are probable and the cost or value of ihe asset can be measured reliably. If the asset is made of more components each c05ting less than £1.000, the total asset 51 will be considered when evaluating the cost of the asset li.e. telephone system lor sel of office fumilurel is made of a number of units costing less than, but total value is above £1,000). Tangible fixed assets are inilially recoJnised at cost. After recognition, under the cost model, tangible rixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incuThed lo bring a taThJible fixed asset into its intended working conditK)n should be included in the measurernent of cost. Page 32
BRENT. WANDSWORTH AND WESTMINSTER MINO IA Company Llmlted by Guarante01 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 A¢¢ountlng pollcles IntInued> 2.6 Tangible fixed assets and depreciation (continued) D8preci81ion is charged so 8$ to allLKate the cost of tsngible fixed assets less thèir residual valua over their estimatsd usefvl lives, using the slr8igh14ine meth¢yJ. Depreciation is provided on th8 fdlowing bases.. Long-lerm leasehdd property Leasehold improvements Fixtures and fittings Ilong lemi usel 149 years straohl line 20¥0 slr8ighl line belween 50/0 and 25% slraighl lin6 2.7 Inv•8tm•nt propertl•s Investment properties are measured al lair value al each reporting date with changes in fair value recognised in 'n61 gains / Iloss6s1 on investments, in th8 Stslement of Financial Activities. Additions to investsmenl properties are initially recognised al cost. 2.8 Debtors Trade and other debtors ar6 recth3nised al the setuemenl amount after any trade discount offered. Prepayments are value(l al the amtxjnl ppaid nel of any trade discounts due. 2.9 Cash at bank and In hand Cash al bank and in hand includes cash and short-lerm highly liquid inveslments with a short maturity of three months or less from the date ol acquisib'on or opening of the depos11 or similar aceount. 2.10 Llobllltles and provlslons Liabilit19s are rocognisgd when Ihgre 1$ an oblBJatw)n at the Balance Sheet datg as a rgsult ol a past event, it is probable thal a transfer ol economic benefil wll be required in SeeMent, and the amount of the settlement can be eslimaled reliably. Liabilities are recognised 81 the amount that the Charity anticipates il will pay lo settle the debt or the amount it has ceiVed as 8dv8nced payments for the goods or services il musl provide. Provisions are measured at Ihe t)est estimate of the amounts required to settle the obligats'on. Where the effect of (he time value of money is malerial, the provision is based on the present value of those amounts discounted al the pre-tax discount rate that reflects the risks specific lo the liability. The unwinding of the discount is recognise(l in the Slalernenl of Financial Ath'vilies as a finance cost. Page 33
BRENT. WANDSWORTH AND WESTMINSTER MINO IA Company Llmlted by Guarante01 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 A¢¢ountlng pollcles IntInued> 2.11 Financial instruments The Charity only holds basic Financial Instruments. The financial assets and fin8n¢i81 Iiabililies of tha Charity are 8s follows: Debtors- trade and other debtors (including accrued income) are basic financial instruments and are debt instruments measured al amortised cost as detailed in Note 17. Prepayments are not financial inslrumenls. Cash al bank- is c18ssifie(l as a basic financial instrumonl and is measured al faco value. tradg creilitors. accwals, other crgditors. bank loans and pgnsion deficit liability will bo classified as financial instruments. and are measured at amortised cost as detailed in Notes 18 and 19. Taxation and social security are not included in the financial instruments disclosure. Deferred income is not deemed to be a financial liability. as in the cash settlement has already taken place and thère is simply an obligation to deliver d)aritable servicos rather than Cash or another financial Inslrumenl. 2.12 Opèratlng l•as Rentals paid under operating leases are charged lo the Stslemenl of Financial Activities on a straight line basis over the lease term. 2.13 Penslons When employees have rendered service to the Charity, short-terni employee benefits to which th8 employees are enlitled are recognised at the undiscounted amount expected (o be paid in exchange for that gervice. The Chanly operates 8 defined contn"l)ulion pension scheme and 8 defined benefit pension scheme. In the defined benefrt scheme, the Chartty participates in the Pension Trust's Growth Plan (Note 261. Due to certain guarantees included in th8 scheme there is an employer's debt which would becomo payable il the Charity left the scheme and ihis is explained in Note 25. As a mulb'_employer scheme within Ihe definition ol FRS 102, rne of Ihe assets or liabilities ol Ihe scheme are included on the Charity's Balance Sheet. The pension charge represents the amounts payable by the Charity to each scheme in respect of the year. contribub.ons are expensed as they become payable. Page 34
BRENT. WANDSWORTH AND WESTMINSTER MINO IA Company Llmlted by Guarante01 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 A¢¢ountlng pollcles IntInued> 2.14 Fund accounting Gener81 funds are unresth.cted furKls which are available for use at the discretion of the Trustees in furtherance of Ihe general objectNes of the Charity and which have not en designated for other PLJrposes. Designated funds comprise unrestricted funds that have been set aside by the Trustees for parb'cular purposes. The aim and use of each designated fund are set out in the notes lo the financial stalemenls. Restricte(I funds are funds which are to be use(1 in accordance with specific reslriclions imposed by donors or which have been raised by th8 Charity for pa'Cular purposes. The costs of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the finanaal statements. Investment income, gains and losses a allocated to Ihe appropriate fund. Crltleal accountlng •stlmat•s •nd ar•a$ of ludg•m•nl Estimates and judgements are continually evaluated and are based on historical experience and other factors, induding expectations ol future events thal are believed to be reasonable under the circumstances. Critical accounting eslimales and assumptions: The Charity makes estsmales and assumptions concemiThJ Ihe future. The resulling accountin9 estimates and assumptions wll, by definilion, seldom equal the related actual results. The eslimales and assumption5 that have 8 significant risk ol causing a material adjustment lo the carrying amounts of assets 8nd li8bililies within the nexl financial ye8r a discussed below. Criti¢al areas ofjudggmgnt.. Useful economic lives of assets Discount rate of 2.35% lor long term pension scheme deficti reduction paymen15 Allocation of SUPFK)rt costs. Page 35
BRENT. WANDSWORTH AND WESTMINSTER MINO IA Company Llmlted by Guarante01 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 Income from donations and legacies unroslrf¢t R¢$trl¢t¢d funds funds 2022 2022 Total funds 2022 Donatsons Legaryes Coronavirus Job Relention Schem 85.OS1 85,051 525 525 Total 2022 85,576 85,576 Unrestricted funds 2021 Restricted funds 2021 Total fvnds 2021 Donations Legacies Coronavirus Job Relention Schemo 15,626 770,000 9,356 15, 732 31,358 770,000 9,356 Total 2021 794.982 15, 732 810, 714 Income from govemmenl gfants comprises grants received under the government Coronavirus Job Retention Scheme. There were unfulfille(I condib.S or other contingencies attached to these gov8rnm8nt grants. Page 36
BRENT. WANDSWORTH AND WESTMINSTER MINO IA Company Llmlted by Guarante01 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 Income from charitable activities unroslrf¢t R¢$trl¢t¢d funds funds 2022 2022 Total funds 2022 Psychological Ther8pies Community Programmes Portugal Prints Iwork Groups} Housing Services Community Befriending Service Central Sèrvices Children and Young People's Service 628,522 282,410 119,876 2.472.736 110,419 2,656 986,955 53,787 155,133 682,309 437,543 119,876 2,509,536 110,419 2,656 986,955 36,800 Total 2022 4.603,574 245,720 4,849,294 Unrgstricted funds 2021 Restriclod fvnds 2021 Total funds 2021 Psychological Therapies Community Programmes Portugal Prin15 Iwork Groups} Housing Services Community Befriending Service Cenlral Services Children and Young People's Serwce 547,401 254.316 105,LX19 2.189.108 95,000 9,685 909,285 3, 157 154,237 55Q,558 408,553 105,009 2, 189, 108 95,000 9,685 909,285 Total 2021 4, 109,804 157,394 4,267, 198 Page 37
BRENT. WANDSWORTH AND WESTMINSTER MINO IA Company Llmlted by Guarante01 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 Income from charitable activities {continuedl Included wi(hin income from charrtae 8th"e$ is Income from government grants and contracts from the following sour¢es'. Psychological Therapies - £608.137 (2021 £474,265) from NHS sources and £74,176 (2021 £NIL) from Educational contracts Community Programmes- £202.236 (2021- £151.835J from Central London Health Care INHSI, £224.156 (2021 - £171. 766) from London Borough and City Councils. £60.117 (2021 - £NIL) from Educational Centres and £92,605 (2021 - £NIL) from Corporate Contracts. Portugal Prints (Work Groups)- £108,850 (2021- £94, 139) from London Borough and City Councils and £14,69812021- £NIL) from Art Council. Housing Services- £2.504,198 (2021- £2, 184.407) from London Borough and City Councils. Community Befriending Service- £110.419 (2021- £95.000) from London Borough and City Councils. Children and Young People's Service- £875,646 (2021- £904,510) from Central London Health Care INHSI and £41,33912021 - £NILI from Lal Authority. Income from other tradlng actlvStles Unr•gtrlct8d funds 2022 Total funds 2022 Other income from trading aciivilies 165,429 165,429 Unrestricted funds 2021 Total funds 2021 Other income from trading xtivilies 102,892 102,892 Page 38
BRENT. WANDSWORTH AND WESTMINSTER MINO IA Company Llmlted by Guarante01 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 Investment income Unr¢$trl¢t funds 2022 Total funds 2022 Bank interest receivable 378 378 Unr8strict8d funds 2021 Total funds 2021 Bank interest receivable 814 814 Other Incorne Total funds 2022 Profil on the sale of current assets held for sale Unrestricted funds 2021 Total funds 2021 Profil on the s818 of current assets held for sale 45,296 45,296 ExndIture on ralslng funds In 2022, there were unrestricted direct costs of £75,269 incurred as fvndraising trading expenses (2021- £50,295). Page 39
BRENT. WANDSWORTH AND WESTMINSTER MINO IA Company Llmlted by Guarante01 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 10. Analysis of expenditure on charitable activ•ties- by lund Unrestricted Restricted funds funds 2022 2022 Total funds 2022 Psychological Therapies Community Programmes Portugal Prints Iwork GrcMJPS) Housing Services Community Befriending Service Children and Young People's Serwce 650,093 488,472 212,574 2.451,731 124,058 942,140 53,787 155,133 703.880 643,605 212,574 2,490,320 124,056 942,140 38,589 Total 2022 4.869,066 247,509 5,116,575 Unr8stnctad funds 2021 Rostrictod funés 2021 Total funds 2021 Psychological Therapies Community Programmes Portugal Prin15 Iwork Groups) Housing Services Community Befriending Service Children and Young People's Service 577,634 392,051 159,313 2.228.810 124, 759 905,439 3, 157 187,415 580, 791 579,466 159,313 2,242,753 124, 759 905,439 13,943 Total 2021 4,388,006 204,515 4,592,521 Page 40
BRENT. WANDSWORTH AND WESTMINSTER MINO IA Company Llmlted by Guarante01 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 11. Analysis of expenditure on charitable activ•ties- by type A¢tlvltl•$ undertaken directly 2022 Support costs 2022 Total funds 2022 Psychological Therapies Community Programmes Portugal Prints Iwork Groups} Housing S8rvices Community Befrignding Service Children and Young People's Semce 511,031 420,333 177.784 1.943,568 102,316 749,3 192,849 223,272 34,790 546,752 21,740 192,750 703,880 643,605 212,574 2,490,320 124,056 942,140 Total 2022 3.904,422 1,212,153 5,116,575 Activit$ undertaken directly 2021 Support costs 2021 Total funds 2021 Psychological Therapies Community Programmes Portugal Prints Iwork Groups} Housing Services Community Befrignding Service Children and Young People's Serwce 384,899 397,481 126, 182 1.650.077 98,007 625,613 195,892 181,985 33,131 592,676 26, 752 279,826 580, 791 579,466 159,313 2,242,753 Y24, 759 905,439 Tot812021 3,282,259 1,310,262 4,592,521 Page 41
BRENT. WANDSWORTH AND WESTMINSTER MINO IA Company Llmlted by Guarante01 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 11. Analysis of expenditure on charitable activ•ties- by type Icontinuedl Analy$ls ol support ¢osts Total funds 2022 Total funds 2021 Staff costs 534.670 18,140 278,714 298,575 59,060 22,994 590,902 29,099 233,448 384,859 47,993 23,961 Depreciation Premises C4Ydts Overheads Other staff cosis Govemance costs Total 2022 1,212,153 1,310,262 12. Govemance ¢ost8 2022 2021 Auditors, remuneralion - Audit of the financial slatements Auditors, remuneralion- Non-audil services Committee expenses 18,794 4.200 17,160 3,840 2,961 22,994 23,961 Page 42
BRENT. WANDSWORTH AND WESTMINSTER MINO IA Company Llmlted by Guarante01 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 13. Staff costs 2022 2021 Wages and salaries Soci81 security o)sts Defined contribution pension costs 2,821,779 267,707 72,514 2,509,471 228.242 61,474 3,162,000 2,799, 187 Wages and $alarie$ indudes terminati¢)n benefits totalling £41.626 (2021 . £NIL). £17,932 relates lo statutory redundancy payments. £23,694 relates lo non-conlr8Ctual redundancy payments, vknich are ex-gralia paym8nls. They were made lo employees lo prgvgnl a prolracted managemenl ol change processl¢osl following th8 loss of the Brent Housing Contract. The Trustees deemed the payments as in the best interest of the Charity. The average numb8r ol persons employed by the Charity during the year was as follows.. 2022 No. 2021 No. Psychological Therapies Community Programmes Portugal Prints Iwork Grps) Housing Services Community Befriending Service Central Services Children and Youn9 People's SeMc8 20 15 14 15 30 23 27 24 14 20 15 16 126 116 Page 43
BRENT. WANDSWORTH AND WESTMINSTER MINO IA Company Llmlted by Guarante01 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 13. Staff costs (continued) The number of employees whose employee beneffts (excludlng employer pension costs) exce8d8d £60,000 was.. 2022 No. 2021 No. In the band £70.001- £80.000 In the band £100,001- £110,000 Total amount of employee benefits (including emph)yerfs national insurance conlribulKJns and employer's pension conlribub'onsl received by Key Management Personnel is £375,432 (2027 £409,177). The Charily considers its Key M8n8gemenl peonnel lo ¢omprise'. TnJst89S Chief Executsve Officer ICEOI Head of Operations Head of Finance. Adminislralion & IT Head ol Human Resources & organisats.onal Development Head of Business of Development & Fundraising Organisational Clinical Lead. 14. Trustws. r•muneratlon and •xpens•8 During the year, no Truslees Ceived any remuneration or other benefits (2021- £NIL). During the year ended 31 March 2022, expenses lo¢aling £NIL (2021 £861) werg roimbursgd or paid directly to no Trustees (2021 - l Truste8J. The amounts reimbursed related to their travelling and other out of pocket expenses Iwhere they were not claimable from another sourcel. Page 44
BRENT. WANDSWORTH AND WESTMINSTER MINO IA Company Llmlted by Guarante01 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 15. Tangible fixed assets Long-t•mi leasehold Fixtures and property fittings Total Cost or valuatlon At 1 April 2021 Additions Oisposals 1,029,896 336.890 34.456 161,8851 1,366,786 34,456 161,8851 At 31 March 2022 1.029,896 309.461 1,339,357 06preclatlon Al 1 April 2021 Charge for the year On disposals 27,614 7.472 261,955 11.468 161,6911 289,569 18,940 161,6911 At 31 March 2022 35,086 211,732 246,818 Net book value At 31 March 2022 994,810 97.729 1.092,539 At 31 March 2021 1,002.282 74,935 1,077,217 Page 45
BRENT. WANDSWORTH AND WESTMINSTER MINO IA Company Llmlted by Guarante01 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 16. Investment property Frè•hold investment property Valuatlon At 1 April 2021 Additions 770,000 30,260 At 31 March 2022 800,260 In 2022. the investment propety balance related lo the valuation of 20 Badminton Road. The Charity own the freehold for both 19 and 20 Badminton Road. 19 Badminton Road had been leased for a period of 21 S years up to September 2212. As a long lerm leasehold this is therefore not included in the Charity's accounts. The Trustees and Treasu$ view is the property Is going lo be refutblshed prior lo oblalning a valuallon. 17. Debtors 2022 2021 Ouo wlthln one year Trade debtors Other debtors Prepayments and accryjed inccrfne 452,996 72,122 76,668 293,046 108, 197 88,296 601,786 489,539 Page 46
BRENT. WANDSWORTH AND WESTMINSTER MINO IA Company Llmlted by Guarante01 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 18. Creditors: Amounts falling due within one year 2022 2021 Trade creditors Other tsxalion and soci81 security Other ueditors Accruals and deferred income 182,239 66,727 154,140 624,655 57,315 63.297 221,558 324, 711 1,027,761 660,881 2022 2021 0gf•rrgd In¢om• Deferred income at 1 April Resource5 deferTeé during the year Amounts released from previous periods 210,171 205,691 313,153 210,171 {210,1711 (205,691) Defarred Incom• a8 at 31 March 313,153 270,177 The deferred income balance relates lo rental irrne recieved in advance and income received lor projects taking place in the next financial year. 19. Credltors: Amounts falllng du• after more than one year 2022 2021 Penslon deficit liability 17,764 248,905 See Note 26 for further detsils. Page 47
BRENT. WANDSWORTH AND WESTMINSTER MINO IA Company Llmlted by Guarante01 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 20. Statement of funds Stat•m•nt of fvnds - curr•nt y•ar Balanca at 31 March 2022 Balance at 1 April 2021 Transfers Inlout Income Expendlture Unre$trl¢t•d funds Designated funds Fixed asset fund Pension deficit reserve 1,847,217 1335.685) {18,9401 64,716 257,922 1,892,993 177,7631 1,511,532 {18,9401 322,638 1,815,230 Gèntral funds General Funds 1,539.519 4,854,957 14,925,395) {322,6381 1,146,443 Total Unr•strfct•d funds 3,051,051 4,854,957 14,944,335) 2,961,873 RestrScted funds Community Programmes Psychological Therapies Fundraising Housing services 155.133 53.787 {155,1331 {53,7871 {1,7891 {36,8001 1,789 36.800 1,789 245,720 1247,5091 Total of funds 3.052.840 5,100.677 15.191.844) 2,961,673 Page 48
BRENT. WANDSWORTH AND WESTMINSTER MINO IA Company Llmlted by Guarante01 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 20. Statement of funds (continued) Stat•m•nt of fvnds - prfor yr Balance at 37 March 2021 8alance at l Apnl 2020 Transfers in/out Income Expenditure Unre$trl¢t•d funds Designated funds Fixed asset fund Pension deficit reserve 1.709.884 (406.320) (37,674) 774,947 70,635 1,847,217 (335,685) 703.564 137,6141 845,582 1,57 7,532 G•ntral funds General Funds 1.765, 178 5.053, 788 (4,400,687) (878, 760) 1,539,519 Total Unr•strfct•d funds 2.468,742 5.053,788 14.438,3011 (33. 178? 3,051,051 Rt8trlCt fvnds Community Programmes Psychological Therapies Fundraising 154.237 3, 157 15, T32 (187,415) (3, 157) (13,943) 33,178 7,789 173,126 {204,5151 33,178 1, 789 Total of funds 2.468. T42 5.226.914 (4.642,816) 3,052,840 Page 49
BRENT. WANDSWORTH AND WESTMINSTER MINO IA Company Llmlted by Guarante01 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 20. Statement of funds (continued) Unr•strl¢t•d Funds - D•slgnat¢d Funds The Fixed asset fund represenls long leasehold property. computers and furniture and equipmenl purchased by using unrestricted funds or restricted funds where there is no continuing restriction as to use. The balance carried forward is equal to the net book value of the related assets. The transfer in of £64,716 represents the nel of capital additnS aryj capital disposals. The Pension deficit SerVe is held as a negative designated fund in order to recognise the long temi nature ol the Pènsion liability oul of Iree reseNes. This fund valuè wll replicate the value of the liability as it decreases. The transfer into this fund of £257,922 represents the movement in the pension deficit liability in the year. RestrIct Fund¥ Community Programmes fepresenls funding received for the Support for Volunteering, Enable Leisure, MH Matemily Project and the gianl re1Ved from Weslminister City Council for COVID expensos. 21. Analysls of not as8•ts between fundB Analysls of net assets between funds. current year Unr•gtrlct8d funds 2022 Total funds 2022 Tangible flxed 8ssets Investrnent propety Current assets Creditors due within one year Creditors due in more than one year 1.092,539 1,092,539 800,260 800,260 2.114,399 2,114,399 11.027,7611 11,027,761) 117,7641 117,7641 Total 2,961,673 2,961,673 Page 50
BRENT. WANDSWORTH AND WESTMINSTER MINO IA Company Llmlted by Guarante01 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 21. Analysis of net assets between funds (continued) Analy$ls ol net assots betw••n funds- prlor year Unreslricted funds 2021 Restricled funds 2021 Total funds 2021 Tangible fixed assets Investrnent prowty Current assets Creditors due within one year Creditors due In more Ihan one year 1.077,217 770,000 2.113,620 1660,8811 1248.9051 1.077,217 770,000 2, 175,409 (S60,881) (248,905) 1,789 Total 3.051,051 1,789 3,052,840 22. Rt¢on¢lllatlon of ntt movomènt In fund¥ to ntt ¢ash flow from oporatlng actlvltlts 2022 2021 Nel income/lexpendf(urel for the las per Statement of Financial Activities) 191,1671 584,098 Adjustménts for.. Depreciation charges Investment income Loss on the sale ol tangible fixed assets Ilncreaselldecrease in debtors Increase in creditors Legacy of investment property 15 19,134 13781 194 {112,2471 135,739 37,614 (814) 553 84,938 79,004 (770,000) 19.18 16 N•t cash us8d In 0ratIng aetlvltl8S 148,7251 (44.607) Page 51
BRENT. WANDSWORTH AND WESTMINSTER MINO IA Company Llmlted by Guarante01 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 23. Analysis of cash and cash equivalents 2022 2021 Cash in hand 1,512,613 1,625,870 Total ¢a$h and ¢ash equlvalonts 1,512,613 1.625,870 Analysls of Changos In net debt At 1 April 2021 Cash flo At 31 March 2022 Cash at bank and in hand 1,625,870 {113,2571 1,512,613 1,625,870 {113,2571 1,512,613 Page 52
BRENT. WANDSWORTH AND WESTMINSTER MINO IA Company Llmlted by Guarante01 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 25. Contingent liabilities The Charity participates in the Pensions Trust's Growth Plan Ithe Plan). The Plan is funded and Is not contra¢ted out ol the state s¢heme. It is a mtJlti*mployer pension plan and ti is not possible in the normal course of evenis to idenknly on a reasonable and consistent basis the share of underlying assets and liabilities belonging to individual participating employers. Accordingly. due to the nature of the Plan, the accounting charge for the period under FRS 102 represents the employer contribub'on payable. While the Plan is primarily a defined contribution scheme. it has inherent guarantees that means that the Charity may need lo make lurther contributions lo meet d8fi¢ils. Further generi¢ inform8b.on about the Plan folbwing the latest three-yeady actuarial Valuati at 30 September 2017 is 8V8ilable on the Pensions Trust website at http.'Iltinyud.comlq2h4p42. Following a change in legislation in September 2005 there is a potential debt on the Charity that could be levied by the Trustee of the Plan and The Pensions Act 2011 has more recently altered the definition of Series 3 01 the Growth Plan so that a Ii8tM"lity anses to employer5 from membership ol 8ny Series except Series 4. The debt is due In the event of the employer ceasing lo participate in the Plan or the Plan winding up. The debt lor the Plan as a whole is calculated by mparIng the liabilities for the Plan IcalcLJlated on a buy-oul basis i.e. the $1 of Uring benefits by purchasing annuity policies from an insurer, plus an allowance for expenses) wth the assets of the Plan. If the liabilities exceed assets there is buywout debt. The leaving employer's share ol the buy-out debt is the proportion of the Plan's liability attributable lo employment with the leaving employer compared lo the lot81 amounl of the Plan's liabilities Irelallng lo employment with all the currently participating employers). The leaving employer's debt therefore includes a share of any 'orphan' liabilities in respect of prewously participating employers. The amount of the debt therefore depends on many factors including lotal Plan liabilities, Plan investment performance, the liabilities in respect ol current and former employees of the employer, financial conditions al the lime of the cessation event and the insurance buy-out market. Therefore. the amounts ol debt can be volatile ov8r time. On the 18 Octobgr 2017 Wandsworth and Westminstgr Mind acquired thg assets and liabilitlgs of Brent Mind. Brent mind also participales in the Pensions Trusts, Grovrth Plan. In consultation with the Pension Trust it was agreed to amalgamate both entities inlo the same scheme. As such the liabilities of Brent Mind are viewed alongside those of Wandsworth and Westminster Mind. Th8 Charity has been notified by The Pensions Trust of the eslimaled employer debt on withdrawal from the Plan based on the financial position of the Plan as at 30 September 2018. As of this date the estimated employer debt lor the Charity was £864,512 including Series 3. A liability is not recognised in Ihe accounis as the Charity remains an active member of the scheme. should the Charity wthdraw from the scheme this amount would fall due for paymenl. Page 53
BRENT. WANDSWORTH AND WESTMINSTER MINO IA Company Llmlted by Guarante01 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 26. Pension commitments The Charity operates a defined contribution scheme 8nd 8 defined benefft scheme wllh the Penslons Trust which has a guarantee(l element of pension benefits. The pension cost ¢harge represents the contributi'ons payable by ihe Charity to the Funds in respect of the year, and lor both schemes amounted to £72,514 (2021 £61,474), the deficit reductM)n payTnents made of £257,922 (2021 £84,252) have been recognised. At the year end, there were outstanding contributions of £77,763 (2021 £335,685), the liability is shown as £59,999 due within one year INote 181 and £17.764 due after one year (Note 191. The Charity was informed in 2014 that additional Contributions were payable to the scheme over 8 10 year period since this bmè Ihe Charity has been notrfied that combined additional contribution$ are payable annually. The annual amount payable in 2021 and beyond is expected to be £87k per annum rising by 3°/0 a year ending in 2025. In accordance with the Charivs accounting policy, this expenditure has been recognised in the accounts as the contributions become payable. 27. Operatlng lease MmItMents At 31 March 2022 the Charity had commitments to make future minimum lease payments under non- cancellable operating leases as follows.. 2022 2021 Not later than 1 year Later than 1 ye*r ènd not later than 5 years Later than S years 182,167 581,130 10,165 116,731 34,115 773,462 150,846 The follwng lease payments have been recognised as an expense in the Slalement of Financi81 Activitses.. 2022 2021 Operating lease rentsls 364,019 269,816 28. R•lat•d party transactlons In 2022, payments of £NIL (2021 £79.734) for consultancy services was made lo Aviso Services Limf(ed, a COTypany wth LK)th John Gardner. Trustee and Mark Prior. Key Management Personnel, serving as DirectOT5. Page 54
BRENT. WANDSWORTH AND WESTMINSTER MINO IA Company Llmlted by Guarante01 NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 Funds dispersed as an agent of WCC The Charity acted as an agent for Westminster City Councll IWCCI in dislribullng funds lo the following projects. The income and expenditure relating to these proje¢ts is excluded from the Statement of Financial Activities. Movement on the project balances for 2021-22 were: Brought fonNard 2022 In¢omg 2022 Housing User Funds 13681 368 Brought fonvard Expenditur9 2021 2021 Total funds 2021 Housing User Funds T61 (1, 729) (368) Page 55