2021-03-31-accounts - Sane

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					Pages
Trustees' annual report (incorporating			the	chief executive's
report and director's	report)				1 to 12
Trustees' responsibilities statement					13
Independent auditor's	report to	the members			14to18
Statement offinancial	activities	(including		income and
expenditure account)					19
Statement offinancial	position				20
Statement ofcash flows					21
Notes to the financial	statements				22to 36

Reference	and administrative	and administrative	and administrative	details
Registered	charity	name		SANE
Charity registration		number		296572
Company	registration		number	02114937
Registered	office			8th Floor
				167Fleet Street
				London
				EC4A 2EA
Principal office				St Mark's Studio
				14Chillingworth	Road
				Islington
				London
				N7 8QJ
The trustees				Prof Dinesh Bhugra		CBE
				James Maccabe
				John Bowie OBE
				Mark Davison
				Robert Matthews
				Hon Victoria Russell
				(Chairperson)
Company	secretary			Marjorie Wallace	CBE
Auditor				Ferguson Maidment		&Co.
				Chartered accountants			&statutory	auditor
				167Fleet Street
				London
				EC4A 2EA
Bankers				National Westminster			Bank PLC
				Regent Street (A) branch
				230 Regent Street
				London
				W1B 3BN

The amount ofthe total funds ofthe charity	The amount ofthe total funds ofthe charity	at the end o	fthe reporting	period was as foll	ows:
Restricted Funds
					2021
					6
Research Prince ofWales International		Centre for	Research		1,100,000
Research					252,870
Art Grants					7,218
					1,360,088
The restricted funds include the SANE POWIC building			at a valuation	ofS1,070,056.
Unrestricted Funds
					2021
General Funds					545,510
Designated	Funds
POWIC					437,885
Sane Awards	Scheme				262,428
Exceptional	Legacy				1,744,202
					2,990,025

		Y	ear end	ed 31 March	2021
					2021		2020
				Unrestricted	Restricted
				funds	funds	Total funds	Total funds
			Note	6	6	6	E
Income and endowments
Donations and legacies				857,534	139,822	997,356	1,081,425
Exceptional Legacy Income							995,792
Other trading activities				17,746		17,746	8,020
Investment income				254,888		254,888	15,764
Other income				316,533		316,533	270,050
Total income				1,446,701	139,822	1,586,523	2,371,051
Expenditure
Expenditure on raising funds:
Costs of raising donations		and
legacies			11	41,988	191,280	233,268	222,192
Expenditure on charitable	activities		12,13	435,902	462,330	898,232	1,117,942
Other expenditure			14	21,000		21,000	13,086
Total expenditure				498,890	653,610	1,152,500	1,353,220
Net income				947,811	(513,788)	434,023	1,017,831
Transfers between funds				(521,018)	521,018
Net movement in funds				426,793	7,230	434,023	1,017,831
Reconciliation offunds
Total funds brought forward				2,563,232	1,352,858	3,916,090	2,898,259
Total funds carried forward				2,990,025	1,360,088	4,350,113	3,916,090

				2021		2020
			Note	8		F
Fixed assets
Tangible fixed assets			19		1,070,066	1,070,066
Investments			20		1,241,282	995,892
					2,311,348	2,085,958
Current assets
Debtors			21	20,362		22,703
Cash at bank	and in	hand		2,115,585		1,981,251
				2,135,947		2,003,954
Creditors: amounts		falling due within one year	22	97,182		153,822
Net current assets					2,038,765	1,850,132
Total assets	less current liabilities				4,350,113	3,916,090
Net assets					4,350,113	3,916,090
Funds ofthe	charity
Restricted funds					1,360,088	1,352,858
Unrestricted	funds
Geneial funds					545,510	483,041
Designated funds					2,444,515	2,080,191
Total charity	funds		23		4,350,113	3,916,090

			2021	2020
			6	5
Cash flows from operating	activities
Net income			434,023	1,017,831
Adjustments fon
Dividends, interest and rents	from investments		(248,410)
Other interest receivable and similar income			(6,478)	(15,764)
Accrued expenses/(income)			17,180	(5,604)
Changesin:
Trade and other debtors			2,341	444,895
Trade and other creditors			(60,065)	70,885
Cash generated from operations			138,591	1,512,246
Interest received			6,478	15,764
Net cash from operating activities			145,069	1,528,010
Cash flows from investing	activities
Dividends, interest and rents	from investments		248,410
Proceeds from sale of intangible assets			(150,000)
Purchases ofother investments			(446,801)	(995,792)
Proceeds from sale ofother	investments		337,656
Net cash used in investing activities			(10,735)	(995,792)
Net increase in cash and cash equivalents			134,334	532,218
Cash and cash equivalents	at beginning	ofyear	1,981,251	1,449,033
Cash and cash equivalents	at end ofyear		2,115,585	1,981,251

Donations and le	gacies
		Unrestricted	Restricted	Total Funds
		Funds f	Funds f	2021 f
Donations
Private individuals	and legacies	451,211	7,230	458,441
Companies		218,173	25,342	243,515
Other organisations		39,339		39,339
Trusts		148,811	107,250	256,061
		857,534	139,822	997,356
		Unrestricted	Restricted	Total Funds
		Funds f	Funds f	2020 F
Donations
Private individuals	and legacies	684,728	25,539	710,267
Companies		165,910	4,928	170,838
Other organisations		38,142	3	38,145
Trusts		117,175	45,000	162,175
		1,005,955	75,470	1,081,425

			Unrestricted	Total	Funds	Unrestdcted	Total Funds
			Funds f		2021	Funds f	2020 f
Exceptional	legacy	income				995,792	995,792

7.	Other trading	Other trading	activities
				Unrestricted	Total Funds	Unrestricted	Total Funds
				Funds f	2021 f	Funds f	2020 f
	Christmas	cards		17,746	17,746	8,020	8,020
8.	Investment	income
				Unrestricted	Total Funds	Unrestricted	Total Funds
				Funds f	2021 f	Funds f	2020 f
	Income from		listed investments	248,410	248,410
	Investment	income and interest		6,478	6,478	15,764	15,764
				254,888	254,888	15,764	15,764

Other	income
		Unrestricted	Total Funds	Unrestricted	Total Funds
		Funds	2021 f	Funds f	2020 f
Rental	income	316,533	316,533	270,050	270,050

Costs of raisi	ng donations and lega	cies
		Unrestricted	Restricted	Total Funds
		Funds f	Funds f	2021 f
Personnel costs		26,880	122,452	149,332
Establishment	costs	10,329	47,055	57,384
Office costs		4,779	21,773	26,552
		41,988	191,280	233,268

Costs ofraisi	ng donations and lega	cies (cuuduuea)
		Unrestricted	Restricted	Total Funds
		Funds E	Funds 5	2020 f
Personnel costs		22,717	103,488	126,205
Establishment	costs	9,399	42,816	52,215
Office costs		7,879	35,893	43,772
		39,995	182,197	222,192

Expenditure	on charitable	activities by fund type
			Unrestricted	Restricted	Total Funds
			Funds E	Funds f	2021 K
Awareness	and Education		299,153		299,153
POWIC			127,749		127,749
Services				462,330	462,330
Black Dog
Support costs			9,000		9,000
			435,902	462,330	898,232
			Unrestricted	Restricted	Total Funds
			Funds	Funds f	2020
Awareness	and Education		327,823		327,823
POWIC			181,819		181,819
Services				595,622	595,622
Black Dog				3,678	3,678
Support costs			9,000		9,000
			518,642	599,300	1,117,942
Expenditure	on charitable	activities by activity type
		Activities
		undertaken		Total funds	Total fund
		directly Support costs f		2021 6	2020 f.'
Awareness	and Education	299,153		299,153	327,823
POWIC		127,749		127,749	181,819
Services		462,330		462,330	595,622
Black Dog					3,678
Governance	costs		9,000	9,000	9,000
		889,232	9,000	898,232	1,117,942

				Unrestricted	Total Funds	Unrestricted	Total Funds
				Funds f	2021 f	Funds f	2020
	Administrative		costs	21,000	21,000	13,086	13,085
15.	Auditors	remuneration
						2021 f	2020 f
	Fees payable		for the audit ofthe financial statements			9,000	9,000

Staff costs
The total staff costs	and employee	benefits for		the reporting	period are	analysed as follows:
						2021 f	2020
Wages and salaries						531,452	595,631
Socia I security costs						48,985	57,704
Pension Costs						26,357	28,754
The average head count of employees			during	the year was	21 (2020:	24). The average	number
offull-time equivalent	employees	during	the year is analysed		as follows:
						2021	2020
Average number ofemployees						21	24

Intangible assets
	Goodwill
	6
Cost
At 1 April 2020	150,000
Additions
Disposals	(150,000)
At 31 March 2021
Amortisation
At 1 April 2020	150,000
Charge for the year
Disposals	(150,000)
At 31 March 2021
Carrying amount
At 31 March 2021
At 31 March 2020

Tangible	fixed assets
		Long
		Leasehold f	Total
Cost
At 1 April	2020 and 31 March 2021	1,070,066	1,070,066
Depreciation
At 1 April	2020 and 31 March 2021
Carrying	amount
At 31 March 2021		1,070,066	1,070,066
At 31 March 2020		1,070,066	1,070,066

Investments
	Shares	in
	group		Listed
	undertakings		investments	Total
	F		6
Cost or valuation
At 1 April 2020	100		995,792	995,892
Additions			446,801	446,801
Disposals			(337,656)	(337,656)
Fair value movements			136,245	136,245
At 31 March 2021	100		1,241,182	1,241,282
Impairment
At 1 April 2020 and	31 March 2021
Carrying amount
At 31 March 2021	100		1,241,182	1,241,282
At 31 March 2020	100		995,792	995,892
All listed investments	shown above are held at valuation.
Debtors
			2021	2020
			6	6
Trade debtors			1,591	1,676
Prepayments and accrued income			18,771	21,027
			20,362	22,703
Creditors: amounts	falling due within one year
			2021	2020
			6	L
Trade creditors			72,224	108,500
Amounts owed to group undertakings			100	100
Accruals and deferred	income		12,400	8,975
Social security and other taxes			12,458	13,747
Other creditors				22,500
			97,182	153,822

		At				At 31 March
		1 April 2020 F	Income f	Expenditure f	Transfers f	2021 f
General Funds		483,041	881,757	(298,270)	(521,018)	545,510
Designated	Funds
POWIC		249,100	316,534	(127,749)		437,885
SANE Awards Scheme		335,299		(72,871)		262,428
Exceptional	Legacy	1,495,792	248,410			1,744,202
		2,563,232	1,446,701	(498,890)	(521,018)	2,990,025
		At				At 31 March
		1 April 2019 f	Income f	Expenditure f	Transfers f	2020 f
General Funds		1,135,586	1,029,738	(305,636)	(1,376,647)	483,041
Designated	Funds
POWIC			270,051	(181,819)	160,868	249,100
SANE Awards Scheme		419,567		(84,268)		335,299
Exceptional	Legacy		995,792		500,000	1,495,792
		1,555,153	2,295,581	(571,723)	(715,779)	2,563,232

Analysis ofcharitable	fun	ds (sard/ndvd/
Restricted funds
		At				At 31 March
	1 April 2020 6		Income f	Expenditure 6	Transfers 6	2021 f
POWIC Research		1,100,000				1,100,000
Black Dog Tribe
Art Grants		7,218				7,218
Services			122,250	(462,330)	340,080
Research		245,640	7,230			252,870
Fundraising				(191,280)	191,280
Campaigning			10,342		(10,342)
		1,352,858	139,822	(653,610)	521,018	1,360,088
		At				At 31 March
	1	April 2019	Income E	Expenditure 6	Transfers 6	2020 f
POWIC Research		1,335,891			(235,891)	1,100,000
Black Dog Tribe			15,790	(3,678)	(12,112)
Art Grants		7,215	3			7,218
Services			49,928	(595,622)	545,694
Research			9,749		235,891	245,640
Fundraising				(182,197)	182,197
Campaigning
		1,343,106	75,470	(781,497)	715,779	1,352,858

24.	Analysis of net	ass	ets between funds
				Unrestricted		Restricted	Total Funds
				Funds f		Funds f	2021 f
	Tangible fixed assets					1,070,066	1,070,066
	Investments			1,241,282			1,241,282
	Current assets			1,748,743		290,022	2,038,765
	Net assets			2,990,025		1,360,088	4,350,113
				Unrestricted		Restricted	Total Funds
				Funds f		Funds f	2020 f
	Tangible fixed assets					1,070,066	1,070,066
	Investments			995,892			995,892
	Current assets			1,567,340		282,792	1,850,132
	Net assets			2,563,232		1,352,858	3,916,090
25.	Analysis ofchanges		in net debt
							At
				At 1 Apr 2020 f	Cash flows . f.		31 Mar 2021
	Cash at bank and	in	hand	1,981,251		134,334	2,115,585
	Debt due within one year			(100)			(100)
				1,981,151		134,334	2,115,485
26.	Operating lease	commitments

Operating lea	se commit	ments
The total future	minimum	lease payments	under non-cancellable	operating leases are as follows:
				2021 f	2020 f
Not later than	1 year			13,762	29,596
Later than 5years				3,580,200	3,626,100
				3,593,962	3,655,696