## ## ## ## ## |||||||||Pages| |---|---|---|---|---|---|---|---|---| |Trustees'|annual
report (incorporating||||the|director's|report)|1 to 13| |Trustees'|responsibilities
statement|||||||14| |Independent||auditor's|report to the members|||||15to 19| |Statement||offinancial|activities|(including||income and||| |expenditure||account)||||||20| |Statement||offinancial|position|||||21| |Statement||ofcash flows||||||22| |Notes to the financial|||statements|||||23to 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||||| |||||14 Chillingworth|Road|||| |||||Islington||||| |||||London||||| |||||N7 6QJ||||| |The trustees||||Prof Dinesh Bhugra CBE||||| |||||James Maccabe||||| |||||John Bowie OBE||||| |||||Mark Davison||||| |||||John Brewer||||| |||||(appointed
16February|||2023)|| |||||Robert Matthews||||| |||||(Chairperson
from 28 April 2023)||||| |||||Hon Victoria Russell||||| |||||(Chairperson
until 27||April 2023)||| |Company|secretary|||Marjorie Wallace|CBE|||| |Auditor||||Ferguson
Maidment||&|Co.|| |||||Chartered
accountants|||&statutory|auditor| |||||167Fleet Street||||| |||||London||||| |||||EC4A 2EA||||| |Bankers||||National
Westminster|||Bank PLC|| |||||P.O. Box4||||| |||||1 Cavendish
Square||||| |||||London||||| |||||W1A 4NU||||| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |The amount
ofthe total funds ofthe charity a|t the end ofthe reporting
period w|as as follows:| |---|---|---| |Restricted
Funds||| |||2023| |Research Prince ofWales International|Centre for Research|1,100,000| |Research||77,884| |||1,177,884| ## |tricted
Fund|s|| |---|---|---| |||2023
f| |General Reserves||312,454| |Designated
POWIC|Funds|453,054| |Sane Awards|Scheme|144,144| |Development|Fund|1,744,574| |||2,654,226| ## ## ## ## ## ## ## |POWIC Income|and|Expenditure|| |---|---|---|---| |||2023|2022| |||6|6| |Income|||| |Rental Income||124,239|221,019| |Expenditure|||| |Rent||45,900|45,600| |Rates||11,776|12,959| |Service Charge||18,787|18,787| |Maintenance||30,102|20,954| |Miscellaneous||67,194|62,118| |||773.759|75D777| |(D fi ii)79|Di|~49,520|60,302| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |||Ye|ar ende|d 31 March|2023||| |---|---|---|---|---|---|---|---| ||||||2023||2022| |||||Unrestricted|Restricted||| ||||Note|funds
6|funds
6|Total funds
f|Total funds| |Income and endowments|||||||| |Donations
and legacies
Other trading
activities
Investment
income
Other income|||5
6
7
8|776,899
7,120
(33,429)
134,944|45,113|822,012
7,120
(33,429)
134,944|853,806
10,969
93,554
221,018| |Total income||||885,534|45,113|930,647|1,179,347| |Expenditure|||||||| |Expenditure
on raising funds:|||||||| |Costs of raising donations
and
legacies
Expenditure
on charitable
activities
Other expenditure|||10
11,12
13|78,778
230,693
47,011|358,878
636,875|437,656
867,568
47,011|379,305
865,300
31,157| |Total expenditure||||356,482|995,753|1,352,235|1,275,762| |Net expenditure||||529,052|(950,640)|(421,588)|(96,415)| |Transfers
between
funds||||(745,227)|745,227||| |Net movement
in funds||||(216,175)|(205,413)|(421,588)|(96,415)| |Reconciliation
offunds
Total funds brought
forward||||2,870,401|1,383,297|4,253,698|4,350,113| |Total funds carried forward||||2,654,226|1,177,884|3,832,110|4,253,698| ## ## ## ## ||||2023||2022| |---|---|---|---|---|---| |||Note|6||6| |Fixed assets
Tangible fixed assets
Investments||17
18||1,070,066
1,270,485|1,070,066
1,320,305| |||||2,340,551|2,390,371| |Current assets
Debtors
Cash at bank and in|hand|19|87680
1,457,018||25,039
1,890,865| ||||1,544,698||1,915,904| |Creditom: amounts|falling due within one year|20|53,139||52,577| |Net current assets||||1,491,559|1,663,327| |Total assets less current liabilities||||3,832,110|4,253,698| |Net assets||||3,832,110|4,253,698| |Funds ofthe chadity
Restricted funds||||1,177,884|1,383,297| |Unrestricted
funds
General reserves
Designated
funds||||312,454
2,341,772|354,627
2,515,774| |Total charity funds||21||3832110|4253696| ## ## ## |Year en|ded 31 March 20|23|| |---|---|---|---| |||2023|2022| |Cash flows from operating
activities
Net expenditure||(421,588)|(96,41 5)| |Adj ustments
for:
Dividends,
interest and rents from investments||37,142|(91,210)| |Other interest receivable
and similar income||(3,713)|(2,344)| |Accrued (income)/expenses||(4,832)|1,432| |Changesin:
Trade and other debtors||(62,641)|(4,677)| |Trade and other creditors||5,394|(46,037)| |Cash generated
from operations||(450,238)|(239,251)| |Interest received||3,713|2,344| |Net cash used in operating
activities||(446,525)|(236,907)| |Cash flows from investing
activities
Dividends,
interest and rents from investments||(37,142)|91,210| |Purchases
ofother investments||(308,641)|(375,483)| |Proceeds from sale of other investments||290,476|316,643| |Other investing
cash flow adjustment||67,985|(20,163)| |Net cash (used in)/from
investing
activities||12,678|12,187| |Net decrease in cash and cash equivalents
Cash and cash equivalents
at beginning
ofyear||(433,847)
1,890,865|(224,720)
2,115,585| |Cash and cash equivalents
at end ofyear||1,457,018|1,890,865| ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## ## |5.|Donations|and|and|legacies|legacies||||| |---|---|---|---|---|---|---|---|---|---| ||||||||Unrestricted|Restricted|Total Funds| ||||||||Funds
f|Funds
f|2023
f| ||Donations||||||||| ||Private individuals
Companies||||and legacies||527,914
79,645|7,028|534,942
79,645| ||Other organisations
Trusts||||||169,340|38,085|207,425| ||||||||776,899|45,113|822,012| ||||||||Unrestricted|Restricted|Total Funds| ||||||||Funds|Funds|2022| ||||||||||F| ||Donations||||||||| ||Private
individuals
Companies
Other organisations
Trusts||||and legacies||561,157
166,923
1,590
50,740|22,946
20,000
30,450|584,103
186,923
1,590
81,190| ||||||||780,410|73,396|853,806| |6.|Other trading|||activities|||||| |||||||Unrestricted|Total Funds|Unrestricted|Total Funds| |||||||Funds
f|2023
f|Funds
f|2022
f| ||Christmas|cards||||7,120|7,120|10,969|10,969| |7.|Investment|income|||||||| |||||||Unrestricted|Total Funds|Unrestricted|Total Funds| |||||||Funds
f|2023
f|Funds
f|2022
f| ||Income from listed
Investment
income||||investments
and interest|(37,142)
3,713|(37,142)
3,713|91,210
2,344|91,210
2,344| |||||||(33,429)|(33,429)|93,554|93,554| |8.|Other income||||||||| |||||||Unrestricted|Total Funds|Unrestricted|Total Funds| |||||||Funds|2023|Funds
f|2022
F| ||Rental income|||||124,239|124,239|221,018|221,018| ||Government||grants|||10,705|10,705||| |||||||134,944|134,944|221,018|221,018| ## ## ## ## ## ## ||||Unrestricted|Restricted|Total Funds| |---|---|---|---|---|---| ||||Funds|Funds|2023| |||||6|| |Personnel
costs
Establishment
costs
Office costs|||55,145
13,392
10,241|251,215
61,009
46,654|306,360
74,401
56,895| ||||78,778|358,878|437,656| ||||Unrestricted|Restricted|Total Funds| ||||Funds|Funds|2022| ||||6|6|F| |Personnel costs
Establishment
costs
Office costs|||38,917
16,386
12,972|177,287
74,647
59,096|216,204
91,033
72,068| ||||68,275|311,030|379,305| |Expenditure|on charitable|activities by fund type|||| ||||Unrestricted|Restricted|Total Funds| ||||Funds|Funds|2023| ||||6||6| |Awareness
and Education
POWIC
Services|||47,934
173,759|138,990
497,885|186,924
173,759
497,885| |Black Dog
Support costs|||9,000||9,000| ||||230,693|636,875|867,568| ||||Unrestricted|Restricted|Total Funds| ||||Funds|Funds
6|2022
f| |Awareness
and Education
POWIC
Services
Black Dog
Support costs|||270,276
163,400
9,000|420,124
2,500|270,276
163,400
420,124
2,500
9,000| ||||442,675|422,624|865,300| ## ## ## ## ## |12.|Expenditure
on c|ha|ritable
act|iviti|es|by|ac|tivity type||||||| |---|---|---|---|---|---|---|---|---|---|---|---|---|---|---| |||||||||Activities||||||| ||||||||undertaken|||Support||Total funds||Total fund| |||||||||directly|||costs
f||2023
f|2022| ||Awareness
and Education|||||||186,924|||||186,924|270,276| ||POWIC|||||||173,759|||||173,759|163,400| ||Services|||||||497,885|||||497,885|420,124| ||Black Dog
Governance
costs||||||||||9,000||9,000|2,500
9,000| |||||||||858,568|||9,000||867,568|865,300| |13.|Other expenditure|||||||||||||| ||||||||Unrestricted||Total||Funds|Unrestricted||Total Funds| |||||||||Funds
f|||2023
f||Funds
f|2022
f| ||Administrative
costs|||||||34,334|||34,334||31,157|31,157| ||Investment
costs|||||||12,677|||12,677|||| |||||||||47,011|||47,011||31,157|31,157| |14.|Auditors
remuneration|||||||||||||| ||||||||||||||2023
f|2022
f| ||Fees payable for the audit ofthe financial||||||statements||||||9,000|9,000| |15.|Staff costs|||||||||||||| ||The total staff costs||and employee||benefits|||for the reporting|||period are||analysed as
2023|follows:
2022| |||||||||||||||f| ||Wages and salaries
Social security costs
Pension Costs||||||||||||579,221
60,130
31,547|541,775
54,617
29,981| ||The average head|count of employees||||during the year|||was|21 (2022:||19).The average number of||| ||full-time
equivalent||employees|during||the|year is analysed|||as follows:||||| ||||||||||||||2023|2022| ||Average
number|ofemployees|||||||||||21|19| ## ## ## ## ## ## |Tangible fixed assets||| |---|---|---| ||Long|| ||Leasehold
6|Total
f| |Cost
At 1 April 2022 and 31 March 2023|1,070,066|1,070,066| |Depreciation||| |At 1 April 2022 and 31 March 2023||| |Carrying
amount
At 31 March 2023|1,070,066|1,070,066| |At 31 March 2022|1,070,066|1,070,066| ## ## ## ## ## |18.|Investments|||||| |---|---|---|---|---|---|---| ||||Shares|in||| ||||group||Other|| ||||undertakings||investments|Total| |||||||6| ||Cost or valuation|||||| ||At 1 April 2022
Additions||100||1,320,205
308,641|1,320,305
308,641| ||Disposals
Fair value movements||||(290,476)
(67,985)|(290,476)
(67,985)| ||At 31 March 2023||100||1,270,385|1,270,485| ||Impairment|||||| ||At 1 April 2022 and 31 March 2023|||||| ||Carrying
amount
At 31 March 2023||100||1,270,385|1,270,485| ||At 31 March 2022||100||1,320,205|1,320,305| ||All investments
shown|above are held at valuation.||||| |19.|Debtors|||||| ||||||2023
f|2022
f| ||Trade debtors||||68,909|6,268| ||Prepayments
and accrued income||||18,771|18,771| ||||||87,680|25,039| |20.|Creditors: amounts|falling due within one year||||| ||||||2023
f|2022| ||Trade creditors||||29,913|25,246| ||Amounts
owed to group undertakings
Accruals and deferred
income||||100
9,000|100
13,832| ||Social security and other taxes||||14,126|13,399| ||||||53,139|52,577| ## ## ## ## |Unrestricted|funds|||||| |---|---|---|---|---|---|---| |||||||At| |||At 1 April 2022
f|Income
f|Expenditure
f|Transfers|31 March 2023
f| |General Reserves||354,627|731,112|(122,113)|(651,172)|312,454| |Designated
POWIC|Funds|495,503|131,310|(173,759)||453,054| |SANE Awards Scheme||184,859||(47,933)|7,218|144,144| |Development|Fund|1,835,412|23,112|(12,677)|(101,273)|1,744,574| |||2,870,401|885,534|(356,482)|(745 227)|2 654226| |||||||At| |||At 1 April 2021
f|Income
f|Expenditure
f|Transfers
f|31 March 2022
f| |General Reserves||545,510|793,723|(301,139)|(683,467)|354,627| |Designated
POWIC|Funds|437,885|221,018|(163,400)||495,503| |SANE Awards Scheme
Development
Fund||262,428
1,744,202|91,210|(77,569)||184,859
1,835,412| |||2,990,025|1,105,951|(542,108)|(683,467)|2,870,401| ## ## ## ## ## ## ## ## ## ## ## ## ## |Restrictedfunds|||||| |---|---|---|---|---|---| ||||||At| ||At 1 April2022
f|Income
f|Expenditure|Transfers
F|31 March 2023
f| |POWIC Research
Black Dog Tribe
Art Grants
Services
Research
Fundraising|1,100,000
6,666
7,218
2,949
263,150
3,314|38,085
7,028|(497,885)
(497,868)|(6,666)
(7,218)
456,851
(192,294)
494,554|1,100,000
77,884| |Campaigning|||||| ||1,383,297|45,113|(995,753)|745,227|1,177,884| ||||||At| ||At 1 April 2021
f|Income|Expenditure
F|Transfers
f|31 March 2022
f| |POWIC Research
Black Dog Tribe
Art Grants
Services
Research
Fundraising
Campaigning|1,100,000
7,218
252,870|12,666
30,450
10,280
20,000|(2,500)
(420,124)
(311,030)|(3,500)
392,623
314,344
(20,000)|1,100,000
6,666
7,218
2,949
263,150
3,314| ||1,360,088|73,396|(733,654)|683,467|1,383,297| ## ## ## ## ## ## ## ## ## |22.|Analysis ofnet assets between|Analysis ofnet assets between|Analysis ofnet assets between|Analysis ofnet assets between|funds||||| |---|---|---|---|---|---|---|---|---|---| ||||||||Unrestricted|Restricted
Total Funds|| ||||||||Funds|Funds|2023| |||||||||6|6| ||Tangible fixed
Investments|assets|||||1,270,485|1,070,066|1,070,066
1,270,485| ||Current assets||||||1,383,741|107,818|1,491,559| ||Net assets||||||2,654,226|1,177,884|3,832,110| ||||||||Unrestricted|Restricted|Total Funds| ||||||||Funds|Funds|2022| ||||||||6|6|F| ||Tangible fixed
Investments|assets|||||1,320,305|1,070,066|1,070,066
1,320,305| ||Current assets||||||1,550,096|313,231|1,863,327| ||Net assets||||||2,870,401|1,383,297|4,253,698| |23.|Analysis ofchanges
in net debt||||||||| ||||||||||At| ||||||||At 1 Apr 2022
f|Cash flows
f|31 Mar 2023
6| ||Cash at bank and||in hand||||1,890,865|(433,847)|1,457,018| ||Debt due within one year||||||(100)|—|(100)| ||||||||1,890,765|(433,847)|1,456,918| |24.|Operating
lease commitments||||||||| ||The total future|minimum||lease payments||under|non-cancellable
operating
leases are as follows:||| |||||||||2023|2022| ||||||||||6| ||Not later than
1 year
Later than
1 year and not
Later than 5years|||later than 5years||||59,005
183,600
3,258,900|58,630
183,600
3,304,800| |||||||||3,501,505|3,547,030| ## ##