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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|
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|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|||||
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|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|
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|||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|
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|||||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|
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||||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|
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|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|
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||||Unrestricted|Total|Funds|Unrestdcted|Total Funds|
|---|---|---|---|---|---|---|---|
||||Funds
f||2021|Funds
f|2020
f|
|Exceptional|legacy|income||||995,792|995,792|
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|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|
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|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|
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|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|
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|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|
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|||||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|
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|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|
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|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||
|19.|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|
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|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|
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|||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|
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|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|
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|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|
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