2023-03-31-accounts - Islington Mind

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Company number: 02002508 Charity Number: 294535

Islington Mind

For the year ended 31 March 2023

Islington Mind

Content

For the year ended 31 March 2023

Content:

Reference and administra�ve informa�on ............................................................................................................ 2 Trustees’ annual report .......................................................................................................................................... 3 Independent auditor’s report ............................................................................................................................... 28 Statement of financial ac�vi�es (incorpora�ng an income and expenditure account) ....................................... 32 Balance sheet........................................................................................................................................................ 33 Statement of cash flows........................................................................................................................................34 Notes to the financial statements………..………….…………………………………………………………………………..…………………..35

Islington Mind Reference and administra�ve informa�on For the year ended 31 March 2023

Company number: 02002508

Charity Number: 294535

Trustees: Trustees who are also directors under company law, who served during the year and up to the date of this report were as follows:

Gwen Williams – Chair Anna Macgillivray – Secretary Rob Jesset – Treasurer PJ Samuels Roman Podolczuk Lisa Haywood Brenda Kabaseke ( appointed August 2022 ) Mehdi Samadzadeh ( resigned 14 July 2022 )

Key management personnel:

Sigal Avni – CEO Gemma Wats – Head of Service and Quality (Appointed May 2022) Pat O’Driscoll – Integrated Community Support Manager Ossi Ron – Structured Interven�on Support Manager Gerry Turley – Head of Finance, HR and Resources

Bankers: Lloyds Bank 273-275 Ken�sh Town London NW5 2LP

Auditor: Sayer Vincent LLP Chartered Accountants and Statutory Auditors Invicta House 108-114 Golden Lane London EC1Y 0TL

Islington Mind – Trustees’ Annual Report For the year ended 31 March 2023

March 2023.

Reference and administra�ve informa�on set out on page 1 forms part of this report. The financial statements comply with current statutory requirements, the memorandum and ar�cles of associa�on, the requirement of a directors’ report as required under company law, and the Statement of Recommended Prac�ce – Accoun�ng and Repor�ng by Chari�es: SORP applicable to chari�es preparing their accounts in accordance with FRS 102.

Objec�ves and Ac�vi�es

The trustees review the charity’s vision, purpose, values, objec�ves and ac�vi�es every year, referring to the Charity Commission’s general guidance on public benefit. In par�cular, the trustees consider how planned ac�vi�es contribute to the aims and objec�ves that have been set.

Our Vision

We want everyone in Islington to get the respect and support they need to improve their mental health and wellbeing.

Our Purpose

We are Islington Mind, an independent charitable organisa�on, part of the Mind network.
We help people connect to themselves, to each other and to their support networks and communi�es
We empower people by providing mental health support focused on strengths and assets, not on diagnoses
We promote community cohesion

Our Values

Respect - we listen with care, respect and provide reassurance to everyone we encounter
Equality - we are commited to easy and equal access to mental health services and support for everyone in Islington
use their skills and assets
Co-Produc�on – we strive to develop and deliver services with the people we support
health services in Islington, raising awareness surrounding mental health
Community Cohesion - we ac�vely seek opportuni�es for collabora�on when developing services.

Islington Mind – Trustees’ Annual Report For the year ended 31 March 2023

Our Objec�ves

We believe that everyone has a right to good mental health. We are here to safeguard and promote the mental health and wellbeing of all adults (18+) Islington residents, and to offer support to residents who experience mental distress, so they:

reduce the need to access secondary mental health services, so that mental health crisis and hospital admissions are reduced
access to integrated recovery pathways that enable people to live full and enriching lives, and by promo�ng community integra�on.improve their capacity to represent their own needs, and make their voices heard
accompanying mental ill health, as well as the risk of des�tu�on and homelessness.

We also aim to contribute to a stronger and more cohesive community and to raise awareness surrounding mental health problems, making a significant contribu�on to the local integrated care.

This report looks at what the charity has achieved and the outcomes of its work in the repor�ng period. The trustees report the success of each key ac�vity and the benefits the charity has brought to those groups of people that it is set up to help. The review also helps the trustees ensure the charity’s aims, objec�ves and ac�vi�es remain focused on its stated purposes.

To achieve the charity’s aims and objec�ves, as in the charity’s 2022 – 2025 strategy, Islington Mind’s management and trustees have set up the following priori�es and goals for the repor�ng period 2022 – 2023:

1. – Equity of access and inclusion

To focus on progressing equity of access and inclusion of people from minority groups who face mul�ple disadvantages combined with mental health concerns, including people from BAME and LGBTQ+ communi�es, people with learning disabili�es, young adults (18-35), and people especially challenged by the Costs-Of-Living crisis and who experience poverty and risk of des�tu�on.

2. Services, Clients And Ac�vi�es – strength based approach and co- produc�on To con�nue to provide and further develop dynamic, innova�ve, and high-quality early interven�on and preven�on mental health support services, which improve the quality of the lives of people with mental health problems and their carers. To ensure that co produc�on and a strength-based approach underpin all the charity’s ac�vi�es. To work to improve our health and safety protocols.

3. Collabora�ve and Engagement work - External Rela�onships

To work to increase the charity’s visibility, engagement, partnerships and collabora�ve work.

Islington Mind – Trustees’ Annual Report For the year ended 31 March 2023

4. Our People

senior management team and the board of trustees.

To further developed support of volunteers.

5. Financial strength

Na�onal Mind’s strategic development priori�es :

Responding to poverty & social depriva�on
Becoming an an�-racist organisa�on
Suppor�ng young people with a focus on trauma are also embedded in this year’s objec�ves.

This Year’s Performance and Achievements

Referrals to Islington Mind this year were 10% higher than in previous year (from 1225 in 21/22 to 1346 in 22/23), as our vulnerable target groups were adversely disadvantaged by the long term impact of the Covid-19 pandemic and the subsequent cost-of-living crisis (see below), triggering mental health decline and isola�on, and leading to risk of mental health crisis and des�tu�on.

We supported a total of 1617 individuals between April 2022 and March 2023.

Equity of Access and Inclusions

We con�nued to focus on iden�fying and responding to the needs of the most marginalised, seldom-heard and underserved people in our community, working to progress equity and inclusion in access and opportuni�es in our Islington and the wider London area.

This year we have con�nued to co-chair the All Age Mental Health Partnership Board / Inequali�es subgroup - working together with Health Watch Islington to develop Islington’s ‘Progressing Inequali�es’ Toolkit. We will con�nue to collaborate with Health Watch Islington to carry out this work, now funded by NHS North Central London ICB.

Our clients demographics in the repor�ng period show that we have been succesful in expanding our reach - in the year 2022/2023, 745 clients (46%) were from BAME communi�es. 508 clients (31%) iden�fied as LGBTQ+. The number of young adults aged between 18 and 35 who engage with our services increased from 258 in 2020/2021 to 444 in 2022/2023.

We con�nued to sustain and further develop our specialist services (see below) which respond to the needs of minori�zed and disadvantaged communi�es.

Islington Mind – Trustees’ Annual Report For the year ended 31 March 2023

Strength Based Approach and Co-Produc�on

methods across the organisa�on.

50% of our board of trustees are people with lived experience of mental concerns who use services, and co produc�on is a standing item on our Board’s mee�ngs’ agenda.

members to look at strategic decisions and ac�ons across the organisa�on. This year the group developed the organisa�on’s Annual Survey, which we conducted in March 2023. The survey collected the views of 123 clients who access the wide range of the services we deliver.

Regular client mee�ngs in all our services and projects encourage clients to get involved in the development of projects, and in the delivery of services.

share their views and feedback.

experiences, skills and exper�se. This may be facilita�ng ac�vi�es (e.g. running the Knit and Nater ac�vity, facilita�ng the women’s group or a yoga class), work in recep�on and on one of our lines, help with gardening or in the kitchen. Everyone can volunteer as much as they are able and willing to.

our overall support, 88% said Islington Mind helped them spend �me with other people, and 87% said Islington Mind helped them when they needed to solve a problem.

Clients said:

“It makes me feel valued and cared for having lunch made for me.”

crea�ve and holis�c. The staff are empathe�c and suppor�ve. Islington Mind is a greatly needed service and in trying �mes a life saver. I am so grateful for this service.”

Services

All our services were provided in-person across four sites in the London Borough of Islington: our Wedmore Street main office and Despard Road day centre in the north of the borough, and our Ashley Road and Isledon Road day centres in the middle of the borough.

Islington Mind – Trustees’ Annual Report For the year ended 31 March 2023

op�on. This involved combining face-to-face delivery with remote phone and/or video calls according to clients’ preferences.

The Mental Health Recovery Pathway

We con�nued to develop and expand the Mental Health Recovery Pathway programme, refining and adap�ng our approach with clients through co-produc�on work, ensuring services are developed with the people who access them, and focusing on responding to the changing needs of our disadvantaged target groups.

This service model began on the 1st of June 2019. This contract’s original end date - May 2024 – has been extended to October 2024.

The model consists of two elements:

The Integrated Community Support service
The Structured Interven�on Support services.

The Integrated Community Support Service (ICS)

Our Day Opportuni�es supported 527 individuals with mild/preventa�ve mental health needs this year.

Day Opportuni�es are available every day between 10:00 – 4:00.

support in safe, therapeu�c drop-ins sessions, a daily program of ac�vi�es to improve wellbeing and enhance skills, daily nutri�ous communal subsidised hot lunch, ou�ngs, and ad-hoc one-to-one mental health support and advice.

Day Opportuni�es operate a ‘Point of Contact’ system which ensures everyone who access Day Opportuni�es at Islington Mind has a point of contact within our staff team.

Day Opportuni�es’ program of ac�vi�es this year included: Drama therapy, Drama group, Paranoia group, Hearing Voices group, Music tui�on and band prac�ce Music Therapy, Gardening, Jewellery making group, Mindfulness, Yoga, Knit and Nater, Bereavement Support Group, Crea�ve Design group, art groups and a hoarding group. These group ac�vi�es helped people tackle social isola�on and maintain wellbeing. They also provided opportuni�es to enhance skills and improve employability: this year ICS has offered educa�on workshops on community volunteering, and encouraged our art and jewellery cra� par�cipants to display and market their work.

A total of 527 individuals accessed these ac�vi�es.

during 2022/23.

Islington Mind – Trustees’ Annual Report For the year ended 31 March 2023

Clients said that open access day opportuni�es are crucial in preven�ng mental health decline, crisis and hospitalisa�on.

They said:

‘knowing there is a building open for me every day to access when I need to…’
‘to just turn up with I feel I am on the verge of crisis…’
‘just to meet people in the same situa�on as I am…’
‘break isola�on…’
‘a chance to have a quick chat with a mental health professional…’
‘a few guidance how to complete this form that I received in the post today…’

(quotes from our clients)

The Structured Interven�on Support services tailored one-to-one support , including:

Our Reablement service helped 172 individuals to re-setle in their homes and re-engage with their communi�es. 58% of people were supported in their homes, 23% in our centres and 19% were supported remotely over telephone and video calls depending on people’s needs and preferences.

The CovidRecovery Enablement Service supported 210 clients this year to re-engage with community resources, treatments, training/educa�on and voluntary/employment opportuni�es. Clients were supported to beter manage day-to-day living and develop selfreliance and management strategies.

The CovidRecovery Enablement Service was set up in June 2021 to support vulnerable communi�es to manage the short and long-term implica�ons of the Covid-19 crisis. The specific adapta�on to specialist Covid-19 support was piloted in 2020/2021, supported by a Na�onal Lotery Covid-19 Emergency Grant.

an 8-10 week program of targeted, person-centred prac�cal and emo�onal support to help clients engage with community resources and connect with their own exis�ng strengths and assets.

Outcomes are observed through self-assessment scores at the beginning and at the end of the programme. These scores measure the impact of the enablement program on: selfmanagement of mental health, mental health and quality of life, management of the home, general confidence, mee�ng people and doing things, social situa�on, managing money, and managing physical health.

volunteers) who work together with the clients on the agreed ac�on plans.

Islington Mind – Trustees’ Annual Report For the year ended 31 March 2023

challenges faced by Islington residents, suppor�ng them to address immediate problems and develop personal toolkits for longer-term resilience.

individuals partnerships and agreements (see below) and referral arrangements with Food Banks and with Islington Residents Support Scheme ensured we priori�se clients’ urgent health and wellbeing needs before moving on to longer-term planning.

This year:

At least 20% of clients were supported directly with housing issues, including tenancy sustainment or exploring housing op�ons, tackling issues such as hoarding/clutering, and signpos�ng accordingly, with several more being helped indirectly to maintain their tenancies.
poverty and risk of des�tu�on - including exploring access to grants, food banks, free or affordable white goods and IT equipment, and issues such as debt and gambling. 41 clients (26%) were supported to access emergency welfare grants, 50% of clients were given help with finance explora�on and support. 19 of those were supported to access our Cloudesley Partnership grants for essen�al goods such as clothing and household furniture; 12 clients were supported to access the Islington Resident Support Scheme.
25% of clients were supported to access health services, including arranging health checks, and accompanying clients to key appointments and GP visits.
Almost all our clients – 95% - were supported to access community resources and the best services for their needs
15% were supported with the development of strategies to support ADL, including learning to cook a basic meal, cleaning their home, personal hygiene, etc.

The Talking Therapies Clinic (TTC) / Counselling Service

Supported largely by the Cloudesley Principal Grant, our Talking Therapies/Counselling Service provides a combina�on of 10- and 20-week talking therapy programmes. The sessions are designed around the clients’ specific needs, exploring solu�ons from an in-depth, traumainformed therapeu�c engagement.

and Cogni�ve Behavioural Therapy (CBT) approaches.

The service focuses on reaching and suppor�ng residents from minori�sed communi�es and diverse backgrounds who are underserved by mainstream mental health services (for example people from BAME and/or LGBTQ+ communi�es).

Clients are given an ini�al assessment by the clinic’s team leader, before being matched with a trainee/volunteer therapist/counsellor based on their needs and requests, and the counsellors’ lived experience and methodology.

Islington Mind – Trustees’ Annual Report For the year ended 31 March 2023

BPC accredita�on, and are provided with regular clinical supervision and management support by Islington Mind.

A few measurement tools are used at the ini�al assessment, providing a baseline to evaluate the impact of the talking therapies sessions. They include the CORE10, (the Clinical Outcomes in Rou�ne Evalua�on tool), covering anxiety, depression, trauma, physical problems, func�oning and risk to self.

our talking therapies sessions significantly helped over 80% of par�cipants manage stress and anxiety, and relieve the symptoms of depression and trauma.

The service worked to its full capacity all year round, and we found there is higher demand for talking therapies spaces in the borough that availability. 117 new clients have been referred to counselling / talking therapies sessions this year, with 93 people receiving sessions in this period in total, and we have supported 14 trainee/volunteer therapists’ placements.

Sadly, high demand for talking therapies meant that frequently we had to close our wai�ng list to new referrals for at least two months at a �me.

The service also has a subcontrac�ng arrangement with AgeUK Islington to provide talking therapies to The Carers Hub’s clients.

The Psychosis Therapy Project (PTP)

psychoanaly�cally trained prac��oners working in the area of psychosis to 46 individuals. The project is commited to strategies of stabilisa�on and the management of persistent symptoms.

distressing experiences and cul�vate robust and enduring solu�ons.

Further Structured Psychosocial Support

Key working sessions were provided to 12 individuals.

All structured Interven�on Support services u�lise our internal referral pathways to Day Opportuni�es and specialist services to help clients ‘step down’ from structured interven�on support to longer-term preven�on support.

The Crisis Café – Out of Hours Service

This service provided support to 134 Islington residents who experienced risk of mental health crisis, helping them to prevent mental health crisis and hospitalisa�on.

Islington Mind – Trustees’ Annual Report For the year ended 31 March 2023

The team developed close working rela�onships with Islington crisis team who used the service for 14 referrals during the year.

people at risk of crisis who do not meet the criteria of the Camden and Islington NHS Founda�ons Trust’s Crisis Team. It also offers an out of hours drop-in space and ac�vi�es to residents who need extra support during hours when services are closed.

Eight Psychotherapists in placements (who are part of the Psychosis Therapy Project – see below) offered a therapeu�c space to the Crisis Café’s clients every evening and in the weekend. 12 to 18 clients per week benefited from the PTP therapists’ support in the Crisis Café.

Three art therapists worked with the Crisis Café to provide support to service users. Addi�onally, the project hosted one therapist running a weekly support group co-facilitated by one of the therapists offering individual support. The group ran weekly throughout the period and an average of 6 service users atended regularly.

Outcome LGBTQ+ Support

community. It supported 442 individuals, facing increased risk of social exclusion, domes�c abuse, homelessness, and des�tu�on.

Outcome is a 1-day-a-week open access project which provides a sanctuary for LGBTQ+ people. It offers somewhere safe where they can be themselves, socialise free from discrimina�on, receive therapies to improve their mental health, join peer support groups such as the hybrid Trans, Non-binary, and Gender-queer/fluid and women-only groups, access ac�vi�es such as crea�ve wri�ng, art, walking, yoga, gardening and nail pain�ng, and acquire knowledge to improve their quality of life.

In collabora�on with CLASH (with Central and North West London NHS Founda�on Trust), Outcome host a sexual health pop-up clinic on the first Tuesday a�ernoon of every month.

The services six-weekly ‘house mee�ngs’ are an essen�al part of the Outcome service, wherein members can direct the ways in which Outcome is run.

During the spring and summer, Outcome runs special summer ac�vi�es, including picnics and trips to the seaside, chosen by our clients.

needs of LGBTQ+ individuals who experience mental distress.

Within Outcome, The Freedom From Fear To Love (FFFTL) project provided targeted, specialist support to 114 LGBTQ+ asylum seekers and refugees in their challenging journeys to escape years of persecu�on owing to sexual and/or gender iden�ty, and serious threats to their safety, and to transi�on to life in the UK as a newly 'out' individuals.

Islington Mind – Trustees’ Annual Report For the year ended 31 March 2023

The project provided support through two challenging transi�on periods:

The complex asylum process, which presents emo�onal and prac�cal challenges.
The Move On period for LGBTQ+ refugees who have just granted status on the grounds of sexual/gender iden�ty.

Our support combined emo�onal support with prac�cal help, including access to basic goods, housing solu�ons, employability/employment related ac�vi�es, welfare benefits, therapy and social and (LGBTQ+ and generic) cultural pla�orms.

asylum seekers and refugee group, yoga, therapy group), face to face, one to one appointments (one-off and/or up to 10 weekly sessions) to 100 individuals, suppor�ng people through their asylum applica�on or with resetling when granted asylum (including - housing, access to financial help, training/educa�on/employment, community support and social network), and talking therapies/psychotherapy, through (10 or 20) weekly sessions, to 60 individuals.

At the end of the year the Freedom From Fear To Love project made the shortlist for the 2023 Civil Society Charity Awards in the category Social Care, Advice & Support. The project was highly commended.

The Chance4Young Project

This is part of our Mental Health Recovery Pathway designed to provide targeted support to our younger clients under 35 years old, who are facing mul�ple disadvantages combined with ongoing complex mental health problems and financial difficul�es, and who are underserved by mental health services. This service is led by a specialist Chance4Young team leader and provides ac�vi�es tailored to young adult’s preferences and one to one support.

Chance4Young supported 21 young adults this year.

The Women Only Space

and ac�vi�es one day a week to 32 self-iden�fying women.

Funded by the Fishmongers Company, the WBC project supported and enabled 50 exis�ng Islington Mind service users to navigate the welfare benefit system and access their benefit en�tlement – most o�en their only source of income.

providing informa�on and explaining the process, assis�ng with comple�ng relevant forms, gathering the required evidence, and offering accompaniment and support during

Islington Mind – Trustees’ Annual Report For the year ended 31 March 2023

assessment interviews and representa�on at tribunals. Support is tailored to each individual’s needs and is offered in-person or remotely (through phone calls or digital mee�ngs).

Most WBC clients were supported with applica�ons for Employment Support Allowance (ESA) and Personal Independence Payments (PIP). Out of all WBC users who were supported with applica�ons, all but one have been successful at achieving some level of welfare benefits award. The majority of clients were also found to be en�tled to the Severe Disability Premium as a result of receiving PIP, while all ESA applica�ons resulted in clients qualifying for addi�onal payments. Successful PIP Applicants were awarded between £3500 and £8967 per year, while successful ESA applicants were awarded between £7,000 and 10,000 per year. The total addi�onal income awarded from all outcomes received during the year has been approximately £225,000.

The WBC project coordinator has also been able to use project data and the tes�monies of our clients to influence approaches to mental health welfare benefits on a na�onal level. This has included contribu�ng to the UK Government’s consulta�on on disability benefits, help inform na�onal Mind’s research and campaigning around social security, atended mee�ngs with MPs to highlight experiences and concerns about the social security system, and helped form proposals for a beter social security system by working with the Commission on Social Security.

The LDTogether Project

This project provided specialised support for 21 people who live with learning difficul�es/disabili�es combined with mental health problems. LDTogether provided a safe space for this client group to come together, socialise with people who have similar experiences, and access ac�vi�es which match their needs.

Funding for LDTogether expired at the end of March 2023 and we had to close the project. We con�nue to seek alterna�ve funding sources. In the mean�me an LDTogether peer support group is offered every Friday from the Isledon Road Centre as part of our Day opportuni�es service.

Mother2Mother

Supported by Islington Giving/Cripplegate Founda�on the Mother2Mother project provided therapeu�c sessions including a therapy group, peer support groups, a program of ac�vi�es, a communal lunch, ou�ngs and ad-hoc emo�onal and prac�cal support to 45 women mothers and female guardians of people with mental health problems.

The women said:

“It makes me feel valued and cared for having lunch made for me” “Therapy group has been very helpful; lunch is very important, as is the interac�on” “The group therapy was amazing. Being among a suppor�ve group that understands has really helped me feel less alone. The others at the group have been brilliant.”

Islington Mind – Trustees’ Annual Report For the year ended 31 March 2023

The Hand in Hand Project

Hand in Hand is a Volunteer Peer Buddy scheme that recruits, trains and supports volunteers with lived experience of mental health concerns to accompany residents with mental health problems to other loca�ons in the borough for appointments, courses and training, services, green spaces, ac�vi�es and events. It is delivered in collabora�on with Manor Gardens Welfare Trusts, the Camden & Islington NHS Founda�on Trust and the Side By Side Network.

This project is vital for connec�ng our clients to services, treatments and community resources offered by external providers. 59 individuals benefited from the Hand in Hand project this year.

Advice and Informa�on

every day – over 16,000 calls in the year. Many of these calls are from people seeking advice and informa�on about mental health issues in general, and about mental health services in the borough. This can range from signpos�ng to appropriate statutory mental health services or invi�ng people to use one of our own services.

Through the provision of the above services the issues we aimed to tackle were:

loneliness and isola�on
Poor mental health
Poverty and depriva�on
Employability
S�gma of living with a mental health problem
The distress associated with being a carer
Over dependence on statutory services
Informa�on, signpos�ng, advice

Grants to Individuals

through partnership arrangements (e.g. the Cloudesley Partners grants), and the generous support of trusts and founda�ons such as the Na�onal Lotery, Islington Giving/Cripplegate Founda�on, Sports Unites and Na�onal Mind as well as the generosity of private donors, we were able to offer Costs of Living welfare grants to help individuals access essen�al goods such as food, fuel or household appliances. We were also able to offer health and wellbeing grants to individuals for the purchase of gym memberships. A total of 113 welfare grants were awarded to our clients this year with a total value of £24,758.

Campaigning, Events, and Ou�ngs this Year Included:

Our Christmas celebra�on supported by Islington councillors’ Local Ini�a�ve Fund. This included a large celebra�on, games, music and fes�ve meal at our Isledon Road day centre. Smaller celebra�ons were arranged for specialist projects such as Mother2Mother and Outcome.

Islington Mind – Trustees’ Annual Report For the year ended 31 March 2023

A Pride Month celebra�on at our Ashley Road day centre
A Mental Health Awareness Week open day at our Isledon Road day centre
A celebra�on of Black History Month at our day centres
Several group ou�ngs to free Community Partner performances at the English Na�onal Opera
Two trips to Lords Cricket Ground in May
A day trip to Arsenal stadium, taking 25 clients for a walking tour around the stadium and friendly kickabout
Day trips for clients to Kew gardens in May to celebrate early Summer
Client wellbeing workshop to Rainbow Sisters in May
Hos�ng a stall at Migrant Pride for Outcome in June
Hos�ng a stall at St Mungos' open day hub for Outcome in June
A Footy Addicts panel event on women and LGBTQI+ people in football represen�ng Islington Mind and Outcome in July
A roundtable event at Houses of Parliament represen�ng Outcome advising Labour MPs on LGBTQI+ mental health policies for their next manifesto
A playwright workshop at Outcome with a local expert in July
An LGBTQI+ History Month open-day Feb, welcoming approx. 30 other services and new clients to the space
Hosting Women's Day at Outcome in May celebra�ng all LGBTQI+ women

Collabora�ve and Engagement Work

We have engaged with integrated work with hundreds of local partners, including our commissioners and statutory and voluntary sector local health and care providers. These working rela�onships helped to ensure Islington residents who experience mental health problems are adequately supported. We have also collaborated with colleagues in the Mind network, working towards becoming an effec�ve and an important voice locally, and gaining wider engagement and support for our strategic priori�es.

Our formal working partnerships include:

Subcontrac�ng arrangements with Age UK Islington to deliver together the VCS key working role within the Camden and Islington NHS Founda�on Trust’s 3 mental health Core Teams across Islington.
Subcontrac�ng arrangements with Age UK Islington to deliver a counselling service for their Carers’ Hub clients.
Our membership in the Islington Fairer Together Bright Lives Alliance ini�a�ve, designing the model of the Early Interven�on and Preven�on Wellbeing local offer together with representa�ves of 6 key local VCS organisa�ons, Camden and Islington Founda�on Trust and representa�ves from LBI services such as Bright Lives Coaching and commissioners
hos�ng Camden and Islington Public Health’s suicide preven�on Toolkit on our website.

Islington Mind – Trustees’ Annual Report For the year ended 31 March 2023

We are ac�ve members of Islington All Adult Mental Health Partnership Board (AAMHPB), cochairing the Progressing Equali�es subgroup, which works to improve representa�on of minori�zed and marginalised groups in mental health services and progress equity of access and opportuni�es.

This year we par�cipated in mul�ple consulta�on groups, steering groups and pla�orms, influencing the development of the local mental health transforma�on plans. This included the local VCSF Advisory Group, the Community Partnership Board, the Central Locality Leadership group, the Cross Islington Coordina�on Call, the Suicide Preven�on Partnership group, and the Carers Strategy Partnership Board

We are also part of the Mind in London and Mind in North Central London networks, aiming to work together in our Integrated Care System area.

Our Team

in placement in the year.

individuals. We provide regular one to one supervision sessions to each staff member, alongside team mee�ngs and debriefs, as well as reflec�ve space opportuni�es.

and voluntary training sessions. Mandatory training includes safeguarding and health and safety training/annual refresher, fire awareness, manual handling and DSE.

We have an Employee Assistance Programme in place. We have improved HR systems and processes and are integra�ng wellbeing check and plans into our supervision and appraisal processes.

The Role and Contribu�on of Volunteers (and an Es�mate of the Value of their Contribu�on)

Our volunteers provide valuable support in one-to-one and group se�ngs. They each bring their unique set of skills, experience, and exper�se which they are eager to share. Their enthusiasm inspires, energises and enriches all our services.

We supported 114 volunteers during the year across our services, proving an average of 7 hours per week each. This is an approximate value of £457,732 a year if employed staff undertook the same task.

The Mind Quality Mark Review (MQM) 2021 - 2024

This year the organisa�on underwent its full Mind Quality Mark review. The review looked at 20 quality standards: leadership, strategy, Mind federa�on, Board of trustees, legal

Islington Mind – Trustees’ Annual Report For the year ended 31 March 2023

diversity, effec�ve services, safeguarding, Evalua�on and impact, collabora�on, profile and influence, influence and par�cipa�on, promo�ng posi�ve a�tudes to mental health, and environment.

Following our submission of evidence of good prac�ce in all the above areas, the panel visited one of our centres, spending a full day of mee�ngs and interviews with clients, staff and volunteers.

The MQM report says:

culture of the organisa�on. It has many strengths to celebrate, including its dedicated and passionate staff team, volunteers and trustees, and its commitment to quality and con�nuous improvement was obvious throughout the MQM review. It excels in many areas and has the poten�al to be a beacon of best prac�ce. The review team would like to highlight the following areas of particular excellence.

Leadership:

all at the heart of everything they do. Trustees are visible yet stay well within the strategic and governance func�ons. The CEO and wider management team are passionate and dedicated leaders, bringing a wealth of experience, community knowledge and history to their roles. Islington Mind is a place with strong and effec�ve leaders who are accountable and willing to listen, always making �me

Equality and diversity:

Commitment to equality and diversity is evident at Islington Mind, with a par�cular focus on inclusion and intersec�onality. Outcome, a service suppor�ng the LGBTQIA+ community, amongst other specialist services, is a prime example of Islington Mind’s innova�ve work. The organisa�on works closely with smaller providers who specialise in working with under-represented groups to ensure people from all backgrounds have the support they need.

These tailored services are overwhelmingly popular amongst services users, and people said how relieved they are to be able to be fully themselves in a safe environment. Similarly, the workforce is diverse, with staff, volunteers and trustees sta�ng that being able to show up authen�cally at work and being valued for their differences is what atracted them to the organisa�on.

Intersec�onality is a prominent feature in service design and delivery at Islington Mind, pu�ng the individual and their unique needs at the forefront. The organisa�on is always looking for ways to ensure there are posi�ve outcomes for its beneficiaries, aiming to improve overall quality of life by suppor�ng both physical and mental wellbeing.

Services users expressed that they have choice and control in se�ng their goals, with con�nuous engagement available if needed and wanted and Islington Mind helps people to feel included and able to overcome barriers. Staff and volunteers were described as caring, welcoming, suppor�ve, and empathe�c, and Islington Mind described as a home away from home and like ‘ having extra family’ .”

On Na�onal Mind’s invita�on, Islington Mind has applied to the Mind Excellence Awards in the three categories above.

Islington Mind – Trustees’ Annual Report For the year ended 31 March 2023

Charity Awards Nomina�on

At the end of the year we proud and delighted to hear that Islington Mind had made the shortlist for 2023 Civil Society Charity Awards in the Social Care, Advice & Support category with our unique Freedom From Fear To Love project.

All 30 shortlisted chari�es were judged by an independent panel of sector leaders as having demonstrated best prac�ce in leadership and management, from which other organisa�ons can learn.

Mathew Nolan, chief execu�ve of Civil Society Media, which organises the Charity Awards, congratulated Islington Mind on making the highly-coveted shortlist. He said: “The external environment in which the sector is operating has seldom been more challenging, yet charities continue to inspire us with their imagination, ambition and professionalism.”

gap in service provision for a highly vulnerable group.”

Judge Karin Woodley added: “ This is a really difficult issue that sometimes people can’t even talk about with their own families, particularly for trans or non-binary refugees. The fact that Mind has taken this on is really ground-breaking and will have a real impact across the sector in terms of awareness. I celebrate them for being brave enough to do it.”

Financial Review

grants.

The cost-of-living crisis impacted all of Islington Mind’s projects this year. We con�nue to respond to the increasing demand for early, community-based mental health interven�on and preven�on support. Our responses require increased staff capacity throughout our organisa�on in the coming years. An increase in client atendance, along with increase in the complexity of clients’ needs, caused addi�onal pressure on staff capacity and project resources. Volunteer recruitment, turnover, and reten�on con�nued to be a challenge, as community members were more likely to seek out more paid work hours and less likely to volunteer their �me.

in the next financial year. We are keenly aware that the ongoing cost-of-living crisis is set to impact our organisa�on significantly in the coming months and years as energy bills and supply costs increase; at the same �me, we are doing our best to support our staff and volunteers with salaries, training, and supervision.

Reserves Policy

Our reserves policy states that we should aim to secure 6 months’ running costs for the organisa�on should a substan�al amount of our statutory funding cease. 6 months running costs would be £759,083. We currently hold £599,456 in free unrestricted reserves, a

Islington Mind – Trustees’ Annual Report For the year ended 31 March 2023

decrease of 2.6% from the end of 21/22. We also have £107,036 of restricted funds for a range of charitable ac�vi�es.

Principal Funding Sources and How Expenditure in the Year Under Review has Supported the Key Objec�ves of the Charity

Our principal funding sources have been Islington Clinical Commission Group/London Borough of Islington.

Our Successful Fundraising

During the year 2022/2023, we were fortunate in being awarded a number of grants from various grant making organisa�ons.

various grant making organisa�ons.
Organisa�on	Confrma�on Date	Award
NM Asylum Seekers and Refugees Fund	14-Mar-2023	£20,000
NM Lived Experience and Par�cipa�on Grant	06-Mar-23	£6,000
Schrier Founda�on	1-Mar-2023	£2,000
NM Cost of Living Fund	6-Feb-2023	£20,000
Islington Councillors’ Local Ini�a�ve Fund	11-Nov-22	£1,900
ScrewFix Founda�on	01-Jun-22	£5,000

Addi�onally, Islington Mind was grateful to receive dona�ons of:

£3,000 from The Grace Trust in June 2022
£3,000 from the Second Chances Charity Shop in Archway in December 2022
£2870.79 in November, £522.30 in February and £1,264.96 in July from Angel Central Shopping Centre
£7,042.99 in total from smaller dona�ons from individuals.

Islington Mind – Trustees’ Annual Report For the year ended 31 March 2023

Risks and Uncertain�es

Trustees have overall responsibility for risk management. The SMT review the organisa�on’s Risk Register quarterly, and the Finance Commitee monitors, reviews and updates the risk register at its quarterly mee�ngs, with key issues being reported to the Board. The full Board reviews the full risk register on an annual basis.

external, personal, and safety premises and facili�es, crisis and emergency. All iden�fied risks are assessed for both the likelihood and severity. Exis�ng controls are considered and any further mi�ga�ng ac�ons specified, iden�fying the responsible person and the deadline for implementa�on.

Our Income and Expenditures and the Current Funding Environment

the upli�s offered by funders. This impacts on the charity’s budget and ability to offer salaries’ upli�s which are propor�onate to the market’s infla�on.

It is therefore that the trustees with the CEO and the senior management team made the decision this year to leave the Na�onal Join Council (NJC) pay scale through a consulta�on process with our staff.

income – the Mental Health Recovery Pathway contract with the London Borough of Islington and the Camden and Islington CCG at the end of the next Financial year. Some other funding for specialist projects are also coming to an end at the end of next financially year or the beginning of the following year.

In preparing for the procurement and the re-tendering of the new contract Head of Finance, HR and Resources will carry out HR and finance analysis, considering different possible scenarios. We are inves�ng in research of local needs alongside consulta�on with our clients, staff, volunteers and partners and with co produc�on work to strengthen our posi�on and understanding of local needs. We are liaising with our commissioners in reviewing the exi�ng contract, what is going well, what can be approved, and which gaps should be considered for the future service.

con�nue, u�lising the confidence we already gained from major local and na�onal trusts and founda�on, and the reputa�on we built in the last five of years. Our sound monitoring and evalua�on systems will provide evidence for the need and the impact of the services we are seeking funding for.

Islington Mind – Trustees’ Annual Report For the year ended 31 March 2023

Increased Demand and Need Versus Resources

The long-term impact of the Covid-19 crisis con�nued to impact upon Islington Mind this year. The pandemic caused dispropor�onate hardship to our clients, and many are s�ll struggling to recover from the impact of service closures and isola�on, facing issues such as long-term health problems, loneliness, and mental health decline.

The subsequent current cost-of-living crisis exacerbates exis�ng poverty, increasing the risk of des�tu�on and mental health decline among our target groups. Many clients are telling us that they are at the point of choosing between “hea�ng or ea�ng” – many are in debt, some are struggling with rent and bills, while others can’t access adequate food. As the crisis worsened, it was harder for many of our clients to afford social ac�vi�es; their home life became increasingly isolated, worsening their exis�ng mental health symptoms and leading to risk of crisis. This has led to increase in the numbers of people who needed our help as well as to the complexity of needs presented. We find that increased isola�on, fear, anxiety and depression triggered by these na�onal crises also means that more people are finding it difficult to be proac�ve, leave the house and start the journey towards recovery.

lives; some experienced loss, long-term illness, and emo�onal and financial distress.

addi�onal resources, and increased staff turnover alongside a much slower recruitment of new staff (compared to pre-pandemic) added to this pressure. This experience has been similar to those of other chari�es across the country (including our colleagues at other local Mind associa�ons).

We expect that the increased demand, complexity of needs, and need for specialist services, as well as increased expecta�ons from referral agencies (including emergency services) will con�nue throughout 2023/2024, driven by factors such as post-pandemic effects on mental health, and the ongoing cost of living crisis.

In response, we will develop clear priori�es and eligability criteria, priori�sing Islington residents from minori�sed and underserved groups: people from minority groups, people who experience mul�ple disadvantages and who are underserved by exis�ng services (e.g., LGBTQ+ individuals from racialised communi�es, people with learning difficul�es and mental health problems) and young adults (aged 18-35). We will work in collabora�on with other service providers and become part of the local integrated care to increase efficiency. We will further develp smooth referral and signpos�ng systems, ensuring clients ‘step up’ and ‘step down’ when required and that everyone gains access to the specialist services they need.

We will also:

con�nue to u�lise peer support and support of volunteers

Islington Mind – Trustees’ Annual Report For the year ended 31 March 2023

our open access / open ended day opportuni�es services to offer support to clients on wai�ng lists
possible
in the office or at home) when possible
engage partner organisa�ons to provide temporary support
set up a triage system of support – low, medium or high support from the start of the clients engagement
share workload across services
ensure regular communica�on with clients awai�ng support

morale and welbeing, in Islington Mind, at other local Mind associa�ons, and the voluntary sector as a whole. These challenges led to a high risk of burnout, high employee turnover, against a backround of significant difficul�es in recruiment of workforce, and an increase in HR challenges. We con�nued to experience a high staff turnover in line with that experienced by other chari�es and LMAs since 2020.

Volunteer recruitment, turnover, and reten�on also con�nues to be a challenge. We have con�nued to find it challenging to recruit and retain volunteers in a way that was not experienced prior to the pandemic. We have had to extend how and where we adver�se to try and reach poten�al candidates. Because of the complex nature of the support Islington Mind offers, it is quite a challenging volunteering role and requires a significant commitment.

We will:

work to improve internal communica�ons.
review appraisal and upli� of salaries procedures.
u�lising the allocated funding for employee training.

We will review our recruitment procedures through the perspec�ve of equal opportuni�es, diversity and inclusion, ensuring we encourage people from diverse communi�es to apply for job opportuni�es. We will adver�se job opportuni�es widely through both new and tried and tested channels, u�lising exis�ng networks and rela�onships.

Islington Mind – Trustees’ Annual Report For the year ended 31 March 2023

We will encourage people who have volunteered for Islington Mind’s services for over six months, and who are sufficiently trained and skilled, to apply for job opportuni�es.

In order to atract a larger pool of volunteer applica�ons, we will engage our organisa�onal partners in the local community to assist us in promo�ng our volunteer vacancies. This will also help reach a more diverse range of communi�es and atract a greater number of volunteers with lived experience of marginalised backgrounds.

Our Reserves are Not in Line with our Reserves Policy

Our fundraising campaign in the last four years aims to increase our unrestricted reserves through social media campaigns and other possible methods of atrac�ng more generalised dona�ons to the organisa�on. We aim to maintain an elevated fundraising approach incorpora�ng a more diverse selec�on of income streams. We are aiming to maintain this increase through an elevated fundraising approach incorpora�ng a more diverse selec�on of income streams.

Fundraising Policy

All fundraising prac�ces are framed within the values and principles of the organisa�on. Where expenditure is required to generate income, there is an analysis of the return on investment to ensure the organisa�on can make informed decisions regarding ac�vi�es.

Islington Mind’s Fundraising Policy is reviewed and approved by the Board of Trustees annually. Islington Mind is the brand name for the majority of the fundraising ac�vi�es for the Associa�on. Supporters of Islington Mind are a key element in the fundraising ac�vi�es, and we are commited to employing a transparent and ethical approach to all our fundraising ac�vi�es. As such we are commited to ensuring that our fundraising prac�ces go above and beyond all regula�ons that we rigorously monitor and adhere to. To help guarantee the availability of con�nuing funds to fund the work of Islington Mind we aim to maintain a broad base of funding sources. We do not pressure supporters to make gi�s and respects decisions to stop giving.

The regulatory landscape for fundraising is evolving and we will con�nue to monitor and adapt with these changes. When we work with suppliers and agencies, we ensure that they are fully registered with all the appropriate regulatory bodies and reviewing all their policies as part of our robust procurement due-diligence process. As of 31 March 2023 no complaints about fundraising ac�vi�es have been received.

Our Ethical Fundraising and Investment Policy guides the organisa�on in the extent to which it might accept dona�ons and other forms of finance support, guides the way fundraising ini�a�ves the organisa�on might engage with, and ensures that any investments are in keeping with the ethics of the organisa�on.

Islington Mind is registered with the Fundraising Regulator and is commited to abiding by its Code of Fundraising Prac�ce. Islington Mind senior managers with the CEO are responsible for ensuring that our fundraising efforts adhere to this code.

Islington Mind – Trustees’ Annual Report For the year ended 31 March 2023

We accept voluntary dona�ons from individuals, companies and other organisa�ons, and make every effort to apply these dona�ons in a manner consistent with donors’ wishes, accoun�ng for the opera�onal constraints and strategic priori�es of Islington Mind, and ensuring the condi�ons atached to dona�ons are reasonable.

Our Policies, including our Fraud Preven�on and Bribery Preven�on Policies, ensure that we comply with all relevant legisla�on including money laundering laws, the Bribery Act and Charity Commission guidance, including terrorism and poli�cal ac�vity.

We monitor and record any complaints resul�ng from our fundraising prac�ces, and an annual report is provided to our trustees. We also ensure vulnerable people are protected through our safeguarding policy and that staff con�nue to be aware of the need to raise concerns if they suspect someone is vulnerable by u�lising the procedures laid down in our safeguarding policy.

ar�cles of associa�on and the Statement of Recommended Prac�ce - Accoun�ng and Repor�ng by Chari�es: SORP applicable to chari�es preparing their accounts in accordance with FRS 102.

Plans for the Future

We have an ambi�ous Opera�onal Plan in place to progress our strategic priori�es.

To progress strategic priority 1 , Beneficiaries – improving access for people from minoritised communities , we will:

engage in progressing equality work across Islington
review policies with the perspec�ve of equality, diversity and inclusion (EDI)
review our recruitment policy and procedure, ensuring EDI considera�on underpins the policy
allocate a costs of living lead
further develop and expand our work with young adults through our chance4young service
sustain and further develop our specialist services.

To progress strategic priority 2 , Services - high quality dynamic, and safe services , we will:

ensure co produc�on is embedded and underpins all ac�vi�es, procedures and decision making. we will further develop co produc�on methods including expanding our Co-Produc�on Group, and co-developing and conduc�ng an annual survey
ensure equality, diversity and inclusion considera�ons are embedded
our internal integrated work

Islington Mind – Trustees’ Annual Report For the year ended 31 March 2023

review our outcome tool and ensure implementa�on of the outcome tool across all services
review all health and safety procedures and implement ac�ons
develop accessible promo�on material for each project/service
develop induc�on pack for new clients
con�nue to develop peer led volunteering programs.

To progress strategic Priority 3 , External Engagement – improving Islington Mind’s visibility, engagement, and collaborative / joint working , we will:

develop 2 years Partnership / Engagement Plan
ensure all SMT engages with partnership work/ac�vi�es/mee�ng regularly
develop formal partnerships with local agencies
ensure CEO involvement in the local Bright Lives Alliance ini�a�ve (BLA)
develop our promo�on and communica�on systems, exploring social media op�ons, improving our website, and producing a regular newsleter.

To progress strategic Priority 4 , wellbeing, engagement, and involvement , we will:

Board of trustees’ new 5 Sub-commitees: Finance, Safeguarding and Health and Safety, HR, Co Produc�on and Mental Health Recovery Pathway
volunteer have access to regular, scheduled, structured supervision sessions
review HR Policies, endure EDI considera�ons underpin all policies
achievements
review clients volunteers / peer mentors recruitment, training and support.

To progress strategic Priority 5 , Financial Strength , we will:

priori�se resources and capacity in preparing for and engaging with the development and the wri�ng of the tender for the future Mental Health Recovery Pathway contract
recruit a Fundraising, Communica�on and Business Development Manager, who will further develop our fundraising department, including the recruitment, training and support of fundraising volunteers to increase capacity
work to further diversify income streams, reduce reliance on our statutory funding
priori�se the funding causes that serve our priority groups and the projects which are

Islington Mind – Trustees’ Annual Report For the year ended 31 March 2023

To progress strategic Priority 6 , Organisational Capacity , we will review, update and embed all our opera�ng policies and procedures, ensuring policies meet safety requirements.

Structure, Governance and Management

The organisa�on is a charitable company limited by guarantee, incorporated on 20 March 1986. We were registered as a charity on 21 October 1982.

The company was established under a memorandum of associa�on that established the objects and powers of the charitable company and is governed under its ar�cles of associa�on. These Our Memorandum and Ar�cles of Associa�on and our Scheme of Delega�on were revised and updated in February 2019.

Islington Mind is governed by a Board of Trustees who are elected at our AGM. All Trustees give their �me voluntarily and receive no benefits from the charity. Any expenses reclaimed from the charity are set out in note 7 to the accounts.

The Trustees are responsible for the policy direc�on of the organisa�on and key personnel decisions, the employment of new staff and disciplinary procedures. The day-to-day opera�onal issues are delegated to the CEO who in turn delegates opera�onal issues to individual Project Managers.

Appointment of Trustees

New trustees are recruited from a variety of sources. We maintain a complement of 50% of our trustees having lived experience of mental health problems and of using mental health services. We adver�se for trustees in the local press and through other voluntary project networks. The trustees decide which skills are needed on the commitee and people with those skills are targeted for recruitment. Each prospec�ve Board/Management Commitee member is asked to atend three management commitee mee�ngs a�er which they can be co-opted on to the commitee by the exis�ng management commitee. They can then stand for elec�on at our AGM.

Trustee Induc�on and Training

Each new trustee is provided with an induc�on pack and an induc�on programme, which introduces them to our various projects and our staff team. Each new trustee is inducted into the legal responsibili�es of their role and training about such roles is provided either from external training organisa�ons or from the organisa�on’s key staff. Training needs are reviewed regularly, and trustees are offered training where necessary, par�cularly in rela�on to changing policy regula�ons.

Related Par�es and Rela�onships with Other Organisa�ons

Health Charity”. Membership depends upon mee�ng the Mind Quality Mark’s standards, which include standards of service delivery, personnel management, and appropriate policy implementa�on. Our quality standards were last reviewed in July 2018.

Islington Mind – Trustees’ Annual Report For the year ended 31 March 2023

Islington Mind procures service contracts from Islington Clinical Commission Group / London Borough of Islington and Camden Clinical Commissioning Group / London Borough of Camden, which are accompanied by rigorous monitoring procedures related to service delivery, staff welfare, equal opportuni�es, and vulnerable adult protec�on procedures.

Remunera�on policy

Islington Mind is commited to equality of access to employment opportuni�es.

We aim to recruit talented people with the skills, experience and personal quali�es which will contribute to a thriving, diverse and inclusive organisa�on. Our recruitment prac�ces aim to be fair and inclusive to all.

We have opted out the NJC for na�onal local government pay scales this year and have developed our own pay scales.

Islington Mind’s salaries are considered to be fair, compe��ve within the charity sector and propor�onate to the complexity of each role. We benchmark internally and externally.

All salary increases must be approved by the Chief Execu�ve (and in in the case of the Chief Execu�ve any salary increase must be approved by the Chair of the Board of Trustees.)

We hope to con�nue to upli� salaries in line with the NJC increase. The annual salary review must is approved by the Finance Commitee, the CEO and the Board of Trustees as part of se�ng the budget for the organisa�on.

In line with the Huton Fair Pay Review recommenda�on on execu�ve pay; the salary of the highest paid employee is no more than four �mes the median salary of the organisa�on.

Statement of responsibili�es of the trustees

The Trustees (who are also the Directors of Islington Mind for the purposes of company law) are responsible for preparing the Trustees’ Annual Report including the Strategic Report and the financial statements in accordance with applicable law and United Kingdom Accoun�ng Standards (United Kingdom Generally Accepted Accoun�ng Prac�ce).

which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and applica�on of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the Trustees are required to:

select suitable accoun�ng policies and then apply them consistently
observe the methods and principles in the Chari�es SORP
make judgements and es�mates that are reasonable and prudent

Islington Mind – Trustees’ Annual Report For the year ended 31 March 2023

state whether applicable UK Accoun�ng Standards and statements of recommended prac�ce have been followed, subject to any material departures disclosed and explained in the financial statements; and
to presume that the charity will con�nue in opera�on.

The Trustees are responsible for keeping adequate accoun�ng records that disclose with reasonable accuracy at any �me the financial posi�on of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the preven�on and detec�on of fraud and other irregulari�es.

In so far as the Trustees are aware:

there is no relevant audit informa�on of which the charitable company's auditor is unaware
the Trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit informa�on and to establish that the auditor is aware of that informa�on.

informa�on included on the charitable company's website. Legisla�on in the United Kingdom governing the prepara�on and dissemina�on of financial statements may differ from legisla�on in other jurisdic�ons.

The Trustees are members of the charity, but this en�tles them only to vo�ng rights. The Trustees have no beneficial interest in the charity.

their roles to support our clients during a year of challenges and uncertainty. We also thank our funders who supported us in providing the vital services that we offer.

Auditor

Sayer Vincent LLP were re-appointed as the charitable company's auditors during the year and have expressed their willingness to con�nue in that capacity.

The Trustees’ Annual Report has been approved by the Trustees on and signed on their behalf by

Gwen Williams

Chair

Independent auditor’s report Trustees` annual Report For the year ended 31 March 2023

Opinion

We have audited the financial statements of Islington Mind (the ‘charitable company’) for the year ended 31 March 2023 which comprise the statement of financial activities, balance sheet, statement of cash flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice ).

In our opinion, the financial statements:

Give a true and fair view of the state of the charitable company’s affairs as at 31 March 2023 and of its incoming resources and application of resources, including its income and expenditure for the year then ended
Have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice
Have been prepared in accordance with the requirements of the Companies Act 2006

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation 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 doubt on Islington Mind's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Independent auditor’s report Trustees` annual Report For the year ended 31 March 2023

Other Information

The other information comprises the information included in the trustees’ annual report other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

The information given in the trustees’ annual report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
The trustees’ annual report has been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the trustees’ annual report. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

Adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
The financial statements are not in agreement with the accounting records and returns; or
Certain disclosures of trustees’ remuneration specified by law are not made; or
We have not received all the information and explanations we require for our audit; or
The directors were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies’ exemptions in preparing the trustees’ annual report and from the requirement to prepare a strategic report.

Independent auditor’s report Trustees` annual Report For the year ended 31 March 2023

Responsibilities of trustees

As explained more fully in the statement of trustees’ responsibilities set out in the trustees’ annual report, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor’s responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud are set out below.

Capability of the audit in detecting irregularities

In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, our procedures included the following:

We enquired of management which included obtaining and reviewing supporting documentation, concerning the charity’s policies and procedures relating to:
Identifying, evaluating, and complying with laws and regulations and whether
they were aware of any instances of non-compliance;
Detecting and responding to the risks of fraud and whether they have
knowledge of any actual, suspected, or alleged fraud;
The internal controls established to mitigate risks related to fraud or non-
compliance with laws and regulations.
We inspected the minutes of meetings of those charged with governance.

Independent auditor’s report Trustees` annual Report For the year ended 31 March 2023

We obtained an understanding of the legal and regulatory framework that the charity operates in, focusing on those laws and regulations that had a material effect on the financial statements or that had a fundamental effect on the operations of the charity from our professional and sector experience.
We communicated applicable laws and regulations throughout the audit team and remained alert to any indications of non-compliance throughout the audit.
We reviewed any reports made to regulators.
We reviewed the financial statement disclosures and tested these to supporting documentation to assess compliance with applicable laws and regulations.
We performed analytical procedures to identify any unusual or unexpected relationships that may indicate risks of material misstatement due to fraud.
In addressing the risk of fraud through management override of controls, we tested the appropriateness of journal entries and other adjustments, assessed whether the judgements made in making accounting estimates are indicative of a potential bias and tested significant transactions that are unusual or those outside the normal course of business.

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation .

A further description of our responsibilities is available on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.

Use of our report

This report is made solely to the charitable company's members 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 might state to the charitable company's members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Noelia Serrano (Senior statutory auditor)

Date

for and on behalf of Sayer Vincent LLP, Statutory Auditor Invicta House, 108-114 Golden Lane, LONDON, EC1Y 0TL

Islington Mind

Statement of Financial Activities (incorporating an income and expenditure account)

For the year ended 31 March 2023

For theyear ended 31 March 2023
Note Income from: 3 4 COVID COVID Enablement COVID CRCE 5 Reconciliation of funds: Donations and legacies Charitable activities Support Services Raising funds Total expenditure Net income for the year Charitable activities COVID Enablement Support Services Welfare Benefits Clinic Outcome Support Groups Mother 2 Mother Group Miscellaneous projects Total income Expenditure on: Outcome Support Groups Welfare Benefits Clinic Total funds brought forward Total funds carried forward Transfers between funds Net movement in funds Miscellaneous projects Mother 2 Mother Group	Unrestricted £ 7,721 1,148,865 - - - - 543 416	Restricted £ - 41,721 - 95,701 59,380 15,800 22,000 95,218	2023 Total £ 7,721 1,190,586 - 95,701 59,380 15,800 22,543 95,634	2022 Total £ 67,533 1,113,847 20,890 106,501 112,033 15,000 22,221 80,618
	1,157,545	329,820	1,487,365	1,538,643
	35,273 1,108,316 2,078 19,528 5,136 - - - 2,663	- 38,527 - 98,445 67,830 18,186 31,051 - 93,797	35,273 1,146,843 2,078 117,973 72,966 18,186 31,051 - 96,460	35,337 997,900 50,262 113,757 173,022 15,419 18,765 29,532 31,292
	1,172,994	347,836	1,520,830	1,465,286
	(15,449) (3,000)	(18,016) 3,000	(33,465) -	- 73,357
	(18,449) 625,261	(15,016) 122,052	(33,465) 747,313	73,357 673,956
	606,812	107,036	713,848	747,313

All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. Movements in funds are disclosed in Note 16 to the financial statements.

Islington Mind

Company no. 2002508

Balance sheet

As at 31 March 2023

As at 31 March 2023
Note Fixed assets: 11 Current assets: 12 Liabilities: 13 16 General funds Total unrestricted funds The funds of the charity: Creditors: amounts falling due within one year Cash at bank and in hand Tangible assets Debtors Total assets less current liabilities Total charity funds Restricted income funds Net current assets Total net assets	70,438 773,727	2023 £ 7,356	133,397 859,726	2022 £ 10,084
		7,356 706,492		10,084 737,229
	844,165 (137,673)		993,123 (255,894)
	606,812		625,261
		713,848		747,313
		713,848		747,313
		107,036 606,812		122,052 625,261

		713,848		747,313

Approved by the trustees on 28 September 2023 and signed on their behalf by

Anna Macgillivray Trustee

Islington Mind

Statement of cash flows

For the year ended 31 March 2023

Reconciliation of net income to net cash flow from operating activities

£ £ (83,163) (2,836) (2,836) (85,999) 859,726 773,727 At 1 April 2022 £ 859,726 859,726 2023	2023 £ (33,465) 5,564 62,959 (118,221)	2022 £ 73,357 6,101 (26,043) (145,291)
	(83,163)	(91,876)
	Cash flows £ (85,999)
(85,999) 859,726		(94,648) 954,374
773,727		859,726
At 1 April 2022 £ 859,726		At 31 March 2023 £ 773,727
859,726	(85,999)	773,727

Islington Mind

Notes to the financial statements

For the year ended 31 March 2023

1 Accounting policies

a) Statutory information

Islington Mind is a charitable company limited by guarantee and is incorporated in England & Wales. The registered office address is Unit 4, Archway Business Centre, 19-23 Wedmore Street, Islington, London, N19 4RU.
b) Basis of preparation

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) - (Charities SORP FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.

Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy or note.

c) Public benefit entity

The charitable company meets the definition of a public benefit entity under FRS 102.

d) Going concern

The Trustees consider that there are no material uncertainties about the charitable company's ability to continue as a going concern.

The Trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period.

e) Income

Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the income have been met, it is probable that the income will be received and that the amount can be measured reliably.

Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.

f) Donations of gifts, services and facilities

Donated professional services and donated facilities are recognised as income when the charity has received the service, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), volunteer time is not recognised so refer to the Trustees’ Annual Report for more information about their contribution.

On receipt, donated gifts, professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.

g) Interest receivable

Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank.

Islington Mind

Notes to the financial statements

For the year ended 31 March 2023

1 Accounting policies (continued)
h) Fund accounting

Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets these criteria is charged to the fund.

Unrestricted funds are donations and other incoming resources received or generated for the charitable purposes.

i) Expenditure and irrecoverable VAT

Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably. Expenditure is classified under the following activity headings:

Costs of raising funds relate to the costs incurred by the charitable company in inducing third parties to make voluntary contributions to it, as well as the cost of any activities with a fundraising purpose
Expenditure on charitable activities includes the costs of delivering services, other activities undertaken to further the purposes of the charity and their associated support costs

Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.

j) Allocation of support costs

Resources expended are allocated to the particular activity where the cost relates directly to that activity.

Support and governance costs are re-allocated to each of the activities on the basis of the proportion of each project's funding which is specifically for core costs.

Governance costs are the costs associated with the governance arrangements of the charity. These costs are associated with constitutional and statutory requirements and include any costs associated with the strategic management of the charity’s activities.

k) Operating leases

Rental charges are charged on a straight line basis over the term of the lease.

Islington Mind

Notes to the financial statements

For the year ended 31 March 2023

1 Accounting policies (continued)
l) Tangible fixed assets

Items of equipment are capitalised where the purchase price exceeds £500. Depreciation costs are allocated to activities on the basis of the use of the related assets in those activities. Assets are reviewed for impairment if circumstances indicate their carrying value may exceed their net realisable value and value in use.

Where fixed assets have been revalued, any excess between the revalued amount and the historic cost of the asset will be shown as a revaluation reserve in the balance sheet.

Depreciation is provided at rates calculated to write down the cost of each asset to its estimated residual value over its expected useful life. The depreciation rates in use are as follows:

Computer equipment and website design
Office furniture and equipment
Day centre furniture and equipment

5 years 5 years 5 years

m) Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.

n) Cash at bank and in hand

Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. Cash balances exclude any funds held on behalf of service users.

o) Creditors and provisions

Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.

p) Pensions

Four staff members previously employed by the NHS are in the NHS defined benefit pension scheme. Further detail of this is given in note 19. All our other qualifying staff are enrolled in a Friends Life defined contribution scheme.

Islington Mind

Notes to the financial statements

For the year ended 31 March 2023

2 Detailed comparatives for the statement of financial activities

Unrestricted £ 64,533 1,094,884 - - - - 221 98	Restricted £ 3,000 18,963 20,890 106,501 112,033 15,000 22,000 80,520	2022 Total £ 67,533 1,113,847 20,890 106,501 112,033 15,000 22,221 80,618
1,159,736	378,907	~~-~~ 1,538,643
35,337 982,112 23,992 - - - - 14,234 -	- 15,788 26,270 113,757 173,022 15,419 18,765 15,298 31,292	35,337 997,900 50,262 113,757 173,022 15,419 18,765 29,532 31,292
1,055,675	409,611	1,465,286
104,061 521,200	(30,704) 152,756	73,357 673,956
625,261	122,052	747,313

Islington Mind

Notes to the financial statements

For the year ended 31 March 2023

3 Income from donations and legacies

Income from donations and legacies
COVID emergency funding COVID Enablement Mother 2 Mother Support Group Welfare Benefits Clinic Miscellaneous projects Sub-total for Support Services Total income from charitable activities Outcome Support Groups Islington & Camden CCG/LBI Other income from Support Services Income from charitable activities Gifts	Unrestricted £ 7,721	Restricted £ -	2023 Total £ 7,721	Unrestricted £ 64,533	Restricted £ 3,000	2022 Total £ 67,533
	7,721	-	7,721	64,533	3,000	67,533
	Unrestricted £ 1,123,493 25,372	£ 4,762 36,959 Restricted	2023 Total £ 1,128,255 62,331	Unrestricted £ 1,085,783 9,101	£ 6,130 12,833 Restricted	2022 Total £ 1,091,913 21,934
	1,148,865 - - - 543 - 416	41,721 - 95,701 59,380 22,000 15,800 95,218	1,190,586 - 95,701 59,380 22,543 15,800 95,634	1,094,884 - - - 221 - 98	18,963 20,890 106,501 112,033 22,000 15,000 80,520	1,113,847 20,890 106,501 112,033 22,221 15,000 80,618
	1,149,824	329,820	1,479,644	1,095,203	375,907	1,471,110

4 Income from charitable activities

Islington Mind

Notes to the financial statements

For the year ended 31 March 2023

5a Analysis of expenditure (current year)

Cost of raising funds £ 35,273 - - - - - - - - - - - - - - - - -			Charitable activities	Charitable activities	Charitable activities				Governance costs £ - - - - - - - - - - - - - - - 8,100 - -	Support costs £ 125,941 - - - 224 - - 940 45,170 2,123 5,564 6,737 3,149 9,828 5,144 11,079 5,980 -	2023 Total £ 924,294 28,674 19,620 4,961 12,050 10,034 63 40,139 341,447 31,826 5,564 16,823 5,985 26,324 5,180 19,179 8,294 20,373	2022 Total £ 919,629 32,151 14,104 2,401 8,142 722 221 20,264 323,803 37,269 6,100 19,458 8,784 25,662 3,580 17,529 7,038 18,429
	Support Services £ 521,059 27,916 19,620 3,828 8,186 3,107 56 36,691 274,092 29,547 - 6,271 2,364 8,750 36 - 2,286 19,993	COVID £ 2,078 - - - - - - - - - - - - - - - - -	COVID Enablement £ 77,183 - - 346 - - - 242 21,046 (6) - 1,258 472 2,596 - - - -	WBC £ 13,638 - - 94 - - - - - - - 850 - 1,298 - - - -	M2M £ 26,554 124 - 31 - - - 806 - - - - - - - - 3 150	Outcome £ 54,353 537 - 572 1,950 520 - 625 1,139 162 - 1,288 - 2,666 - - 25 -	CRCE £ - - - - - - - - - - - - - - - - - -	Misc. £ 68,215 97 - 90 1,690 6,407 7 835 - - - 419 - 1,186 - - - 230
35,273 - -	963,802 176,519 6,522	2,078 - -	103,137 14,307 529	15,880 2,224 82	27,668 3,262 121	63,837 8,804 325	- - -	79,176 16,763 521	8,100 - (8,100)	221,879 (221,879) -	1,520,830 - -	1,465,286 - -
35,273	1,146,843	2,078	117,973	18,186	31,051	72,966	-	96,460	-	-	1,520,830	1,465,286
35,337	997,900	50,262	113,757	15,419	18,765	173,022	29,532	31,292	-	-	-

Islington Mind

Notes to the financial statements

For the year ended 31 March 2023

5b Analysis of expenditure (Prior year)

Cost of raising funds £ 35,337 - - - - - - - - - - - - - - - - -			Charitable activities	Charitable activities	Charitable activities				Governance costs £ - - - - - - - - 5,619 - - - - - - 8,300 - -	Support costs £ 157,764 65 2,907 - - - 26 1,286 37,890 5,672 6,100 13,994 3,811 22,269 3,488 8,352 3,662 -	2022 Total £ 919,629 32,151 14,104 2,401 8,142 722 221 20,264 323,803 37,269 6,100 19,458 8,784 25,662 3,580 17,529 7,038 18,429
	Support Services £ 422,023 22,423 11,197 2,269 4,037 472 195 15,191 250,353 26,276 - 4,558 3,969 3,105 92 877 3,373 14,609	COVID £ 40,043 180 - - - - - - 121 1,533 - 284 - 288 - - - 3,820	COVID Enablement £ 75,112 - - 20 - 250 - - 17,239 428 - 307 46 - - - - -	WBC £ 12,468 - - - - - - - - - - 84 - - - - - -	M2M £ 14,104 - - 80 - - - 292 - - - - - - - - - -	Outcome £ 125,816 9,483 - 32 4,105 - - 2,846 4,777 3,360 - 411 777 - - - 3 -	CRCE £ 21,727 - - - - - - - 7,804 - - (180) 181 - - - - -	Misc. £ 15,235 - - - - - - 649 - - - - - - - - - -
35,337 - -	785,019 202,344 10,537	46,269 3,795 198	93,402 19,347 1,008	12,552 2,725 142	14,476 4,077 212	151,610 20,352 1,060	29,532 - -	15,884 14,645 763	13,919 - (13,919)	267,286 (267,286) -	1,465,286 - -
35,337	997,900	50,262	113,757	15,419	18,765	173,022	29,532	31,292	-	-	1,465,286

Islington Mind

Notes to the financial statements

For the year ended 31 March 2023

6 Net income for the year

This is stated after charging:

This is stated after charging:
	2023	2022
	£	£
Depreciation	5,564	6,101
Operating lease rentals:
Property	52,525	56,826
Auditor's remuneration (excluding VAT):
Audit	8,000	7,000

7 Analysis of staff costs, trustee remuneration and expenses, and the cost of key management personnel

Staff costs were as follows:

Staff costs were as follows:
Social security costs Salaries and wages Employer’s contribution to defined contribution pension schemes	2023 £ 827,572 77,529 19,655 924,756	2022 £ 822,100 77,092 20,437
		919,629

One employee earned between £60,000 and £70,000 during the year (2022: one).

The total employee benefits including pension contributions of the key management personnel were £272,930 (2022: £268,369).

The charity trustees were not paid or received any other benefits from employment with the charity in the year (2022: £Nil). No charity trustee received payment for professional or other services supplied to the charity (2022: £Nil).

No trustees were reimbursed for travel expenses in the year (2022: £4).

8 Staff numbers

The average number of employees based on average head count of staff employed (full-time equivalent) during the year was as follows:

as follows:
Support Services Covid Enablement CRCE Outcome Support Groups Mother2Mother Group COVID Funds Welfare Benefits Clinic Miscellaneous projects Support	2023 No. Head Count (FTE) 17.6 (13.1) 3.0 (2.6) - 2.6 (1.1) 2.0 (0.5) - 1.0 (0.4) 2.0 (1.2) 6.1 (4.2) 34.3 (23.1)	2022 No. Head Count (FTE) 19.4 (13.5) 2.8 (2.4) 0.4 (0.4) 4.2 (2.3) 1.4 (0.3) 0.4 (0.2) 1.0 (0.4) 0.9 (0.2) 5.3 (3.7)
		35.8 (23.4)

Islington Mind

Notes to the financial statements

For the year ended 31 March 2023

9 Related party transactions

There are no related party transactions to disclose for 2023 (2022: none).

There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties.

10 Taxation

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

11 Tangible fixed assets

Tangible fixed assets
At the end of the year At the end of the year At the start of the year Charge for the year At the start of the year Additions in year Cost or valuation Depreciation Net book value At the end of the year At the start of the year Disposals Disposals	Fixtures and fittings £ 19,775 - -	Website redesign £ 3,696 - -
	19,775	3,696
	14,389 1,268 -
	15,657	3,634
	4,118	62
	5,386	801

All of the above assets are used for charitable purposes.

12 Debtors

12 Debtors
13 Taxation and social security Deferred income Other debtors Prepayments Creditors: amounts falling due within one year Other creditors	2023 £ 49,746 20,692 70,438 2023 £ 28,796 55,877 53,000 137,673	2022 £ 74,011 59,386
		133,397
		2022 £ 28,539 216,355 11,000
		255,894

Islington Mind

Notes to the financial statements

For the year ended 31 March 2023

14 Deferred income

Deferred income comprises grants received for projects that are being delivered in the following financial year.

Balance at the beginning of the year Amount released to income in the year Amount deferred in the year Balance at the end of the year 15a 15b Tangible fixed assets Net current assets Net assets at the end of the year Tangible fixed assets Analysis of net assets between funds (prior year) Analysis of net assets between funds (current year) Net current assets Net assets at the end of the year	£ 7,356 599,456 General unrestricted	2023 £ 11,000 (11,000) 53,000 53,000 Restricted £ - 107,036 107,036 Restricted £ - 122,052 122,052	2022 £ 11,000 (11,000) 11,000
			11,000
			Total funds £ 7,356 706,492
	606,812		713,848
	£ 10,084 615,177 General unrestricted		Total funds £ 10,084 737,229
	625,261		747,313

Islington Mind

Notes to the financial statements

For the year ended 31 March 2023

16a Movements in funds (current year)

For the year ended 31 March 2023 16a Movements in funds (current year)
S/S S/S S/S S/S S/S S/S S/S LBI webhosting S/S Cripplegate Cost of Living grant S/S Screwfix - for improvements S/S Mind - Co-Production S/S Healthwatch - community research S/S Healthwatch - motivational training S/S S/S Miscellaneous grants for clients CE OSG OSG OSG WB MM misc misc misc misc R Cloudesley - counselling misc Age UK Islington misc misc misc misc misc misc Total restricted funds General funds Fishmongers Active Londoners Mind Series - Sports grant Goldsmiths Pilgrim Trust Cripplegate CDA gardening grant Big Lottery Fund (Covid Enablement) Total unrestricted funds Richard Cloudesley Fund (for clients) Cripplegate Catalyst LBI Local Initiatives Funds Mind - Talking Therapies (Outcome) Mind - Drama Group Sir Halley Stewart Trust Second Chance City Bridge Trust GLA Sports grant Pilkington Trust Stebbing - Counselling Islington PCT - Hand in Hand LBI - LD Together Total funds Restricted funds: Unrestricted funds: Big Lottery Fund (LD Together)	At the start of the year £ 8,733 4,477 - (3,000) 3,000 3,000 - - - - - - 4,344 - 2,744 2,725 2,725 3,000 10,995 11,277 766 - 777 - - 5,000 19,000 7,489 25,000 10,000 -	Income £ 15,159 3,000 3,588 - - - 1,174 5,000 5,000 2,800 2,500 3,000 - 500 95,701 17,380 42,000 - 15,800 22,000 - 15,997 - 35,000 10,107 - - - - - 34,114	Expenditure £ (16,213) (500) (1,610) - (3,000) (786) (1,174) (2,100) - (2,800) (2,500) (3,000) (4,344) (500) (98,445) (20,105) (44,725) (3,000) (18,186) (31,051) - - - (19,773) (3,277) (5,000) (9,072) (7,489) (12,605) (10,000) (26,581) (347,836) (1,172,994) (1,172,994) (1,520,830)	At the end of the year £ 7,679 6,977 1,978 - - 2,214 - 2,900 5,000 - - - - - - - - - 8,609 2,226 766 15,997 777 15,227 6,830 - 9,928 - 12,395 - 7,533
	122,052	329,820		107,036
	625,261	1,157,545		606,812
	625,261	1,157,545		606,812
	747,313	1,487,365		713,848

Islington Mind

Notes to the financial statements

For the year ended 31 March 2023

16b Movements in funds (prior year)

year ended 31 March 2023 Movements in funds (prior year)
Baily Thomas Pilkington Trust Miscellaneous grants for clients General funds Richard Cloudesley Fund (for clients) Cripplegate Catalyst LBI Local Initiatives Funds Mind - Talking Therapies (Outcome) LBI - LD Together Sir Jules Thorn Trust Pilkington Trust Total restricted funds LBI workplace retention grant Goldsmiths Pilgrim Trust Cripplegate CDA gardening grant Restricted funds: Total unrestricted funds Unrestricted funds: Mind - Drama Group Total funds Big Lottery Fund (Covid Enablement) Mind (Pears grant) LBI running grant Big Lottery Fund (CRCE) Comic Relief/GLA Active Londoners Big Lottery Fund (LD Together) Fishmongers GLA/Cripplegate - volunteering R Cloudesley (COVID Enablement) Stebbing - Counselling Islington PCT - Hand in Hand Hobsons - Get2gether London Catalyst - Get2gether Mind - COVID Emergency Schreier Foundation - Get2gether Islington Council - infection control Sir Halley Stewart Trust Mind Series - Sports grant Second Chance City Bridge Trust	At the start of the year £ 3,758 3,317 1,431 - 766 15,014 - - - - 777 8,042 - - - - 11,414 15,298 54,425 5,000 - - - 369 12,261 10,000 - - - - 1,940 - - 4,600 4,344 - -	Income £ 11,393 3,000 2,196 (3,000) - 17,580 3,000 41,750 3,934 3,000 - 22,000 3,000 96,501 48,703 1,000 15,000 - - - 19,000 10,000 25,000 - - 5,000 10,000 9,520 3,000 2,000 - 2,000 17,890 - - 5,000 1,440	Expenditure £ (6,418) (1,840) (3,627) - - (29,869) - (39,025) (3,934) - - (18,765) - (93,757) (48,703) (1,000) (15,419) (15,298) (54,425) - - (2,511) - (369) (12,261) (15,000) - (9,520) (3,000) (2,000) (1,940) (2,000) (17,890) (4,600) - (5,000) (1,440) (409,611) (1,055,675) (1,055,675) (1,465,286)	At the end of the year £ 8,733 4,477 - (3,000) 766 2,725 3,000 2,725 - 3,000 777 11,277 3,000 2,744 - - 10,995 - - 5,000 19,000 7,489 25,000 - - - 10,000 - - - - - - - 4,344 - -
	152,756	378,907		122,052
	521,200	1,159,736		625,261
	521,200	1,159,736		625,261
	673,956	1,538,643		747,313

Islington Mind

Notes to the financial statements

For the year ended 31 March 2023

16 Movement in funds (continued)

Purposes of restricted funds

This is a fund for clients in need which we administer.

Richard Cloudesley Fund Cripplegate Catalyst LBI Local Initiatives Funds Mind - Talking Therapies

This is a fund for clients in need which we administer.

These funds are for outings and events

This is a fund to provide therapy at Outcome and the PTP projects however funds expected were not received last year therefore a balance has been moved from unrestricted funds to bring the balance to nil.

This is a fund for art activities at the Day Centre

Second Chance

This is a fund to run a gardening club.

CDA gardening grant This is a fund to run a gardening club. LBI webhosting This is a fund to run a suicide webhosting line. Cripplegate Cost of Living grant This is a fund to help clients with the cost of living. Screwfix grant This is to fund impovements to the boiler and radiators at Asshley rd Mind Co-Production grant This is a fund to run a co-production group for clients. Healthwatch - community research This is a fund to conduct community research on mental health. Healthwatch - motivational training This is a fund to offer motivational training. Pilkington Trust This is a fund to run a Get2Gether older person's group Big Lottery Fund (Covid Enablement) This is a fund to provide a COVID Enablement service. Sir Halley Stewart Trust This is a fund for an asylum seekers' group. City Bridge Trust This is a fund for an asylum seekers' group. Goldsmiths This is a fund for an asylum seekers' group. Fishmongers Company This is a fund to run a welfare benefits clinic. Cripplegate Foundation This is a fund to run a Mother2Mother support group. Mind - Drama Group This is a fund to run a drama group. GLA Sports grant This is a fund to promote sporting activities. Pilgrim Trust This is for a domestic violence support group. Richard Cloudesley - counselling This is a fund to run a counselling service. Age UK Islington This is a fund to run a carers group. Active Londoners This is a fund to run a sports group. Mind Series This is a fund to run a Sports group. Big Lottery Fund (LD Together) This is a fund to run a Learning Disability Support group. LBI - LD Together This is a fund to run a Learning Disability Support group. Stebbing This is a fund to run a counselling service. Islington PCT (Hand in hand) This is a fund to run a buddying project.

This is to fund impovements to the boiler and radiators at Asshley rd This is a fund to run a co-production group for clients. This is a fund to conduct community research on mental health. This is a fund to offer motivational training. This is a fund to run a Get2Gether older person's group This is a fund to provide a COVID Enablement service. This is a fund for an asylum seekers' group. This is a fund for an asylum seekers' group. This is a fund for an asylum seekers' group. This is a fund to run a welfare benefits clinic. This is a fund to run a Mother2Mother support group. This is a fund to run a drama group. This is a fund to promote sporting activities.

Islington Mind

Notes to the financial statements

For the year ended 31 March 2023

17 Operating lease commitments

The charity's total future minimum lease payments under non-cancellable operating leases is as follows:

Less than one year One to five years	2023 2022 £ £ 225,970 237,460 31,917 257,887 257,887 495,347 Property	2023 2022 £ £ 225,970 237,460 31,917 257,887 257,887 495,347 Property
		495,347

18 Legal status of the charity

The charity is a company limited by guarantee and has no share capital. The liability of each member in the event of winding up is limited to £1.

19 NHS Pension Scheme

A number of Islington Mind employees are covered by the provisions of the two NHS Pension Schemes. Details of the benefits payable and rules of the Schemes can be found on the NHS Pensions website at www.nhsbsa.nhs.uk/pensions. Both are unfunded defined benefit schemes that cover NHS employers, GP practices and other bodies, allowed under the direction of the Secretary of State for Health and Social Care in England and Wales. They are not designed to be run in a way that would enable NHS bodies to identify their share of the underlying scheme assets and liabilities. Therefore, each scheme is accounted for as if it were a defined contribution scheme: the cost to the NHS body of participating in each scheme is taken as equal to the contributions payable to that scheme for the accounting period.

In order that the defined benefit obligations recognised in the financial statements do not differ materially from those that would be determined at the reporting date by a formal actuarial valuation, the FReM requires that “the period between formal valuations shall be four years, with approximate assessments in intervening years”. An outline of these follows:

a) Accounting valuation

A valuation of scheme liability is carried out annually by the scheme actuary (currently the Government Actuary’s Department) as at the end of the reporting period. This utilises an actuarial assessment for the previous accounting period in conjunction with updated membership and financial data for the current reporting period, and is accepted as providing suitably robust figures for financial reporting purposes. The valuation of the scheme liability as at 31 March 2023, is based on valuation data as 31 March 2022, updated to 31 March 2023 with summary global member and accounting data. In undertaking this actuarial assessment, the methodology prescribed in IAS 19, relevant FReM interpretations, and the discount rate prescribed by HM Treasury have also been used.

The latest assessment of the liabilities of the scheme is contained in the report of the scheme actuary, which forms part of the annual NHS Pension Scheme Accounts. These accounts can be viewed on the NHS Pensions website and are published annually. Copies can also be obtained from The Stationery Office.

b) Full actuarial (funding) valuation

The purpose of this valuation is to assess the level of liability in respect of the benefits due under the schemes (taking into account recent demographic experience), and to recommend contribution rates payable by employees and employers.

The latest actuarial valuation undertaken for the NHS Pension Scheme was completed as at 31 March 2016. The results of this valuation set the employer contribution rate payable from April 2019 to 20.6% of pensionable pay. The 2016 funding valuation was also expected to test the cost of the Scheme relative to the employer cost cap that was set following the 2012 valuation. In January 2019, the Government announced a pause to the cost control element of the 2016 valuations, due to the uncertainty around member benefits caused by the discrimination ruling relating to the McCloud case.

HMT published valuation directions dated 7 October 2021 (see Amending Directions 2021) that set out the technical detail of how the costs of remedy are included in the 2016 valuation process. Following these directions, the scheme actuary has completed the cost control element of the 2016 valuation for the NHS Pension Scheme, which concludes no changes to benefi ts or member contributions are required. The 2016 valuation reports can be found on the NHS Pensions website at https://www.nhsbsa.nhs.uk/nhs-pension-scheme-accounts-and-valuation-reports.