2025-09-30-accounts - Leicestershire Action For Mental Health Project

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Company registration number: 02418362 Charity registration number: 702057

LEICESTERSHIRE ACTION FOR MENTAL HEALTH PROJECT TRUSTEES' REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

SFB Group Limited

Leicestershire Action For Mental Health Project Contents

	Page
Trustees' Report	1—7
Independent Auditor's Report	8—10
Statement of Financial Activities (including Income and Expenditure Account)	11
Comparative Statement of Financial Activities (including Income and Expenditure Account)	12
Balance Sheet	13
Notes to the Financial Statements	14—22

Leicestershire Action For Mental Health Project Company No. 02418362 Trustees' Report For The Year Ended 30 September 2025

The trustees present their report and the financial statements for the year ended 30 September 2025.

Objectives and Activities

Aims and Objectives

Leicestershire Action for Mental Health Project (Lamp) was established in 1989 to promote the preservation and safeguarding of mental health, through assisting in relieving and rehabilitating persons who are suffering from, or affected by, mental or emotional distress.

Our vision, mission, and values, which were reviewed in 2024, reflect our focus and expertise as a community mental health advocacy charity.

As a society, we have made progress in accepting discussion and acceptance of mental ill-health. However, taboos and inequalities remain, and result in disempowerment of those experiencing mental ill-health that we would not accept for those experiencing physical ill-health and disability. Our vision, therefore, is a world where people with mental health challenges are listened to, understood, empowered and have a voice.

Lamp’s mission is to

ensure that the people of Leicester, Leicestershire and Rutland who are directly and indirectly affected by mental health-related challenges will be listened to, understood and empowered
equip people with the knowledge and tools to confidently self-advocate and make positive changes for themselves
work within our communities to raise awareness of, and implement strategies to mitigate mental health challenges
champion social inclusion, equality, social justice and human rights

Lamp’s values are as follows:

We are person-centred – we are there for our users
We are service-led – everything we do is to enable us to deliver a great service to our users
We believe that everyone has a voice and deserves to be heard
We believe that you deserve a good standard of service from LAMP and from the system regardless of your background and we will work with you to get it
Our information and advice service will support everyone with their mental health needs regardless of their advocacy requirements
As an organisation we will
Be approachable
Be accessible
Be positive – resolution and solution focused

In 2024/25 Lamp worked throughout Leicester, Leicestershire and Rutland offering: -

● Independent, one-to-one, community mental health advocacy services for adults; and

An information and advice service that acted as the first point of contact and source of lower-level guidance, triaged people into the advocacy service or provided a warm-introduction to more appropriate service providers

Lamp's offices are located in Leicester and, in Q1 2024/25 moved operationally into rooms at the building operated by Voluntary Action Leicestershire to ensure we were fully accessible and were easily able to engage with other parts of the Leicester and Leicestershire voluntary community. Lamp makes all reasonable effort to make its services accessible to people with physical and/or sensory disabilities through home visits, as well as outreach services in the community and other institutional settings.

Lamp has continued to meet the Advocacy Quality Performance Mark (QPM). Lamp remains committed to meeting QPM standards recognised as the prime advocacy standard in England.

Organisation

The Board of Trustees administers the charity. The full Board met 4 times during the period 1 October 2024 to 30 September 2025, with additional meetings to discuss the future structure of Lamp. Gareth James, the CEO, resigned on 29 September 2025 and has not been replaced. The charity is currently being managed by the senior leadership team of Alice Evans and Liam Deacy, who both report to the Chair of Trustees. Whilst the situation is not ideal, it has enabled the charity to continue to maintain an effective service and start to build up funds before incurring additional staff costs. The senior leadership team has authority within terms of delegations approved by the Trustees, for operational matters including areas such as employment, service development, mental health information and advocacy related activity. Financial matters are overseen by the Treasurer.

Risk Management.

The Board works with the senior management to manage strategic risks. The Board is satisfied that systems are in place to mitigate as far as possible the risks to which the charity is exposed.

The main risks identified were:

• Funding

Maintaining our services at a sustainable level

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Leicestershire Action For Mental Health Project Trustees' Report (continued) For The Year Ended 30 September 2025

Aims and Objectives - continued

• Stabilising the organisation

Our continued efforts to diversify income streams – an ongoing project that we have been working on for the last few years – aims to minimise the risk to cashflow and income, but the funding landscape continues to be extremely challenging. The cost of living crisis has impacted on individual giving across the voluntary sector, and grant funds are continuing to be very competitive, with many grant funders changing the way their work and shifting their priorities, sometimes away from mental health as their own organisational priorities change. Corporate giving also shifts and changes too, and inflationary and other pressures affect some industries more than other, which in turn impacts on the corporate giving functions within different industries and within different companies. It requires adaptability and flexibility on our part to keep on top of these shifting sands whilst also maintaining relationships with funders, developing new relationships, and making new connections. It also requires the ability to develop new fundraising initiatives that both address current funding requirements whilst looking to the future and planning ahead. Two major pieces of work developed in early 2026 were a Fundraising Strategy and a Services Strategy, giving a clear focus for our work going forward into the coming years.

Additionally, though Lamp is working to a strategy of income diversification many charities in Leicester, Leicestershire, and Rutland are not. The inevitable cuts to their funding have resulted in increased demand for charities such as Lamp, increased competition for grant funding, and several “save our charity” type fundraising campaigns.

Whilst we have reduced our overheads so that we run a very lean organisation and increased our voluntary income, securing sufficient income remains a key risk – we have grant funding from various sources, including The National Lottery, that secure the core service roles until March 2027; however, between now and the end of this funding we need to have completed our income diversification.

The last 18 months has seen significant upheaval in the charity, particularly at senior leadership level. The current senior leadership members are working alongside the Board to mitigate the challenges described and to demonstrate our impact in such as a way as to secure ongoing support.

Going Concern

The trustees have considered the charity's financial position and cash flow forecasts for a period of at least 12 months from the date of approval of these financial statements. During the year, the charity reduced its cost base following the departure of the Chief Executive and Finance Manager, the non-replacement of the Information and Advice Officer following their departure in May 2025, and the transfer of the Fundraising Assistant role to the Advocacy Team following the departure of an Advocate. Additional savings have also been achieved through the review and renewal of supplier contracts.

Since the year end, the charity has begun implementation of its income diversification strategy, which aims to reduce reliance on grant funding by increasing income from corporate partnerships, membership programmes, community fundraising, events, training activities and digital giving. Additional income has also been secured through local authority funded advocacy support, with further income expected to continue into 2026/27.

The charity has forecasted a strengthened unrestricted income position through the launch of its membership programme, the expansion of supporter engagement events and the development of long-term relationships with corporate partners and local businesses, with existing supporters renewing their commitment and additional organisations providing financial support, sponsorship and partnership activity.

Having reviewed the forecasts and the assumptions upon which they are based, the trustees are satisfied that the charity has adequate resources to continue in operational existence for the foreseeable future and therefore continue to adopt the going concern basis in preparing the accounts.

Public Benefit

We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. In particular, the Trustees consider how such planned activities contribute to the aims and objectives of Lamp.

Community Mental Health Advocacy

2024/25 was a difficult year with financial challenges and loss of key personnel. Despite this we have supported 189 people with 1:1 advocacy.

Information and Advice (IA) Service

The IOA service continues to be a vital element of our service delivery. As well as managing incoming referrals, the information and advice officer is responsible for supportive signposting, onward referrals and as the first point of contact for the organisation It plays a key role in safeguarding clients and setting expectations for the service delivery. Within the last 6 months of the 24/25 year the IA Officer has started undertaking check in calls with people on the waiting list which has helped with prioritisation and smoothed the running of the service. The IAO has also played a key role in the delivery of the community outreach, undertaking outreach across west of the county. We do not have a lot of data relating to the drop in element of the IAO role, but on average the IAO is supporting approximately another 30% of people with signposting and onward referrals where advocacy is not appropriate, as well as having interactions with anyone that comes to the service via the phoneline or email.

Outreach

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Leicestershire Action For Mental Health Project Trustees' Report (continued) For The Year Ended 30 September 2025

Aims and Objectives - continued

Whilst we have to take great care to manage our staff resources effectively to be able to give enough support to clients and not add excessively to the waiting list, at the same time we need to increase awareness of what we do, not only to secure support but also to increase referrals from those communities and neighbourhoods that so far have proved harder to engage with. As such Lamp have started working with other public sector organisations and charities on outreach, using their networks as a way to ensure we are serving all of Leicester, Leicestershire and Rutland. We are delivering 5 regular drop in sessions a month in Leicester City and Charnwood with the opportunity to expand this further with recruitment of a dedicated staff member. Other awareness raising activities take place throughout the year delivering to teams and individuals across statutory and VCSE organisations.

Advocating for the whole community

The one-to-one advocacy service advocates for individuals within the care and support system and for individuals who are outside of that support system. An effective advocacy service should feature strategic work to change and improve the system and challenge ableism. Since 2021, we have been building trust with public sector providers to ensure that our view – the voice of our community – is heard, understood, and acted upon in the design of services and access to these. Through our work with the Better Mental Health for all Network, Leicester City Mental Health Partnership Board, and the University Hospitals of Leicester Health Equality Partnership, we are recognised as a “critical friend” to the NHS and local councils.

Lamp 5K Campaign

The Lamp 5K Campaign has become a feature of local fundraising activity. The campaign encourages people to get active, for the benefit of their overall health, and to raise money for Lamp.

The Lamp 5K Campaign continued to grow as an important part of Lamp’s community fundraising and awareness activity during the year. The campaign brought together supporters, local businesses, volunteers and community groups to promote both physical and mental wellbeing whilst raising funds to support Lamp’s advocacy services.

Alongside fundraising income, the campaign also helped strengthen Lamp’s visibility within the local community and created opportunities to engage new supporters with the charity’s work. The event benefited from increased partnership working, social media engagement and supporter-led fundraising activity, helping to reinforce the role community events play within Lamp’s wider fundraising strategy.

The success of the campaign has reinforced the importance of accessible, community-based fundraising activity that connects people directly to Lamp’s mission and advocacy work. Plans moving forward include continuing to strengthen participation, sponsorship opportunities and long-term supporter engagement linked to the event.

Lamp Business Club

During 2024/25, Lamp continued to develop the Business Club as part of its wider community engagement and fundraising activity, whilst also reviewing the long-term direction of the programme within the organisation’s broader fundraising and marketing strategy.

The Business Club provided opportunities for businesses and professionals to engage with important conversations around mental health, workplace wellbeing and lived experience. During the year, Lamp delivered four face-to-face educational sessions covering topics including perimenopause, Mental Health First Aid, and Special Educational Needs and Mental Health, helping businesses and attendees improve awareness, confidence and understanding around mental health-related issues within the workplace and wider community.

Alongside the educational sessions, Lamp also delivered three comedy fundraising events ‘Funny as Firebug’ and five “Lamp Lunchtime With…” events featuring speakers from the worlds of sport, business, journalism and lived experience. These events created opportunities for networking, awareness raising and community engagement, whilst also helping to strengthen relationships between Lamp, local businesses and supporters.

Due to organisational changes and wider operational pressures during the year, Lamp was unfortunately unable to deliver the planned galastyle event linked to the extended Business Club membership offering. The organisation remains committed to delivering this benefit to members and intends to incorporate this into the future redevelopment of the programme.

Whilst some of the wider expansion plans outlined previously were not progressed at the pace originally anticipated, the year provided valuable insight into the type of business engagement activity that resonates most strongly with supporters and partners. This has helped inform the future direction of the Business Club and wider corporate partnership strategy.

Going forward, Lamp intends to introduce a refreshed membership structure, including the development of a dedicated “Lamp Lunchtime With…” Members Club offering, designed to strengthen supporter engagement and create greater value for members through priority access, exclusive opportunities and closer connection to Lamp’s advocacy work and community impact.

The organisation also intends to further develop the Business Club through stronger supporter stewardship, clearer partnership pathways and increased alignment with workplace wellbeing, ESG priorities and community impact across Leicester, Leicestershire and Rutland

Grant Funding and Donations

Trustees express their thanks to all individuals and organisations who have supported Lamp financially and in kind during the period. In particular, Trustees thank the following organisations for their support during the period:

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Leicestershire Action For Mental Health Project Trustees' Report (continued) For The Year Ended 30 September 2025

Aims and Objectives - continued

Garfield Weston Postcode Places Lottery JR Corah Trust John Salmon Fund David Laing Foundation The National Lottery Community Fund Henry Smith Charity Michael Hill Partnership CBA Business Solutions Nelsons Solicitors Hope Community Church Centrica De Montfort Round Table Arendt & Medernanch SA Kesters Nook Jonathan Astills Elliott Valeting Hollingsworths Solicitors Linear Financial Solutions

Our fundraising strategy sets us on a long-term course to reduce our reliance on grant funding. In the short to medium term, however, we cannot operate without these sources of income. The financial statements identify the funders from whom we have received grants. The Trustees are extremely grateful for the multi-year grants agreed by the Henry Smith Charity (confirmed in December 2023) and The National Lottery Community Fund (confirmed in January 2024). Respectively, these are providing £157,600 and £452,246 over a three-year period. Combined these grants provide substantially improved financial stability until March 2027 for our advocacy service in its current form.

Future Planning

In this challenging environment the focus of the organisation is to ensure continuity and to push towards our objectives and fulfil our mission by taking less traditional approaches.

The objectives for 2025/26 are:

● Focus on Lamp’s core service: however much we would like to do, and whilst there is so much that needs to be done to improve local mental health services, it is important that Lamp is focused on its core service, the advocacy services that it is known for and associated with. We have always prided ourselves on providing free, accessible mental health advocacy for people in Leicester, Leicestershire and Rutland, and we should never lose that focus. Our core service, our service strategy and our fundraising strategy are therefore inextricably interlinked

To develop existing staff : to identify skills gaps in the staff team, deepen an understanding of the ethos of the organisation, and to help
identify training requirements and opportunities
To recruit new staff and volunteers : to increase the capacity and diversity of skills and experience of the existing team
Embedding Lamp into the diverse communities of Leicester, Leicestershire & Rutland : accomplished in part through the development
of collaborative working relationships with other community-based organisations, creating a strong community presence and aligning ourselves with the voices and issues of the local mental health community
Grow unrestricted income year on year : to provide financial security for Lamp, as well as giving the opportunity to expand the work we do
and the number of people we can help
Build a balanced portfolio across five income streams : Grants and Trusts, Corporate Partnerships, Community Fundraising, Events,
and Digital Giving.
Create a unified Monitoring & Evaluation framework : to more effectively evidence the impact of what we do
Launch one flagship annual campaign linked to advocacy and impact
Strengthen, formalise, and modernise stewardship and supporter recognition : to enhance the stewardship and donor experience,
whilst also improving retention and trust

Financial Review

Reserves Policy

The Reserves Policy was adopted by LAMP's Board of Trustees on 9 February 1999 and was most recently updated on 30 January 2020. It is as follows:

Statement of Principle

All resources available to LAMP will be used in accordance with the charitable objects of LAMP.

Statement of Policy

LAMP will use reserves for the purpose of ensuring its continuing ability to fulfil its obligations, including those:

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Leicestershire Action For Mental Health Project Trustees' Report (continued) For The Year Ended 30 September 2025

Reserves Policy - continued

To people whose lives are affected by mental health issues
As an employer
In respect of service agreements and grant funding agreements
In respect of contracts and agreements necessary to the proper running of the organisation

LAMP's aim is to hold an amount sufficient to provide for 4 months of operating costs arising out of the above obligations. The reserves will be held in unrestricted funds, to be readily available to the Board of Trustees to expend where and if the need arises. If this is not achieved LAMP will aim to rectify as soon as possible.

Statement of Practice

LAMP's reserves will be reviewed annually in line with this policy, in conjunction with the Auditors, and approved by the Board of Trustees.

Policy Review

This Policy will be reviewed by LAMP's Board of Trustees as part of its rolling review of policies.

Financial Review

The deficit for the year amounted to £24,897. When subtracted from the fund balances at the beginning of the year, the fund balances at 30 September 2025 were £55,087 of which £83,387 related to restricted funds.

The Trustees consider the balance of £(28,300) in unrestricted funds at 30 September 2025 to be inadequate to cover any short-term expenditure that may occur. However, significant steps have been taken to eliminate this deficit since that time achieving that by April 2026, enabling unrestricted funds to be built up during the second half of the current financial year.

Details of the movements in fixed assets are shown in note 13 on page 20 of the financial statements.

Structure, Governance and Management

Governing Document

The organisation is a charitable company limited by guarantee, incorporated in the United Kingdom on 31st August 1989 and registered as a charity on 2nd October 1989. The company was established under a Memorandum of Association which established the objectives and powers of the charitable company (“the Charity”) and is governed under its Articles of Association (“the Articles”). The Articles were updated by special resolution on 28th November 2019. A further update to the Objects of the charitable company was approved by the Charity Commission on 3rd May 2024, and by special resolution on 31st May 2024.

The Directors of the charity, as defined by the Companies Act 2006, are also charity Trustees, for the purposes of charity law. They are generally referred to as the Board of Trustees.

Anyone over the age of 16, who complies with the requirements laid down by the Board of Trustees, can become a member of the Charity, each of whom agrees to contribute £10 in the event of the charity winding up.

Trustee Selection Methods

The Board of Trustees is elected by the members of Lamp at a properly convened meeting and hold office from the Annual General Meeting after the meeting at which they were elected or appointed. The Board of Trustees elects its Officers (Chair and Treasurer) at the same Annual General Meeting.

The number of Trustees must be not less than 3 nor more than 12 to which the Board may co-opt members with relevant skills and experience.

Trustee induction and training

Proposed Trustees are first required to meet with the Chair of the Board of Trustees in a recruitment process. After appointment, they are supported by the Chair to enable them to understand Lamp's history, their obligations under charity and company law, the content of the Memorandum and Articles of Association, the committee and decision-making processes, the strategic plan and recent financial performance of the charity. Trustees are actively encouraged to lead on particular areas that contribute to the development of the charity, for example, contributing to the Working Groups of community experts that are being established to advise the charity and to meet with key employees. Trustees are also regularly encouraged to attend external training events appropriate to their role.

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Leicestershire Action For Mental Health Project Trustees' Report (continued) For The Year Ended 30 September 2025

Reference and Administrative Details

Trustees

Mr Peter Martin Mr Jonathan Farrell Mr Shaun Johnson Mrs Kathryn Haines Mrs Minakshee Patel Mrs Kelly Feehan (resigned 10/03/2025) Mrs Elizabeth Manning (resigned 19/02/2026)

Charity Number

702057

Company Number

02418362

Registered Office

9 Newarke Street Leiester LE1 5SN

Accountants

SFB Group Limited Manor Court Chambers Townsend Drive Nuneaton Warwickshire CV11 6RU

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Leicestershire Action For Mental Health Project Trustees' Report (continued) For The Year Ended 30 September 2025

Statement of Trustees' Responsibilities

The trustees (who are also the directors of Leicestershire Action For Mental Health Project for the purposes of company law) are responsible for preparing the Trustees' Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statement unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing the financial statements the trustees are required to:

select suitable accounting policies and then apply them consistently;

observe the methods and principles in the Charity SORP;

make judgments and accounting estimates that are reasonable and prudent; and

prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The trustees are responsible for keeping adequate accounting records which disclose with reasonable accuracy at anytime the financial position of the charitable company and to enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Statement of Disclosure of Information to Auditors

Each of the persons who are trustees at the time when this trustees' report is approved has confirmed that:

so far as the trustee is aware, there is no relevant audit information of which the charitable company's auditors are unaware; and they have taken all the steps that they ought to have taken as trustees in order to make themselves aware of any relevant audit information and to establish that the charitable company's auditors are aware of that information.

The trustees' report was approved by the board of trustees and signed on its behalf by:

Mr Shaun Johnson

Trustee 25 June 2026

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Independent Auditor's Report to the Members of Leicestershire Action For Mental Health Project

Opinion

We have audited the financial statements of Leicestershire Action For Mental Health Project (the "charity") for the year ended 30 September 2025 which comprise the Statement of Financial Activities (including Income and Expenditure Account), Balance Sheet and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

In our opinion the financial statements:

give a true and fair view of the state of the charitable company's affairs as at 30 September 2025 and of its incoming resources and application of resources, for the year then ended;

have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and 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 the provisions available for small entities, in the circumstances set out in note 23 to the financial statements, 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 the charitable company's ability to continue as a going concern for a period of at least 12 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.

Other Information

The other information comprises the information included in the 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. In connection with our audit of the financial statements, 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 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' Report, which includes the Director's Report prepared for the purposes of company law, for the financial year for which the financial statements are prepared is consistent with the financial statements; and

the Director's Report included within the Trustees' Report have been prepared in accordance with applicable legal requirements.

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Independent Auditor's Report (continued) to the Members of Leicestershire Action For Mental Health Project

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 Director's Report included within the Trustees' 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 or 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 trustees 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' Report and from the requirement to prepare a Strategic Report.

Responsibilities of Trustees

As explained more fully in the Trustees' Responsibilities Statement set out on page 1—7, the trustees (who are also 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 charity 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.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

The engagement partner ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognise non-compliance with applicable laws;

-Enquiry of management around actual and potential litigation and claims;

-Enquiry of management to identify any instances of non-compliance with laws and regulations;

-We reviewed correspondence with legal and regulatory bodies where applicable;

-We agreed the financial statements disclosures to underlying supporting documentation

-We reviewed the detail of certain nominal accounts for indications of management override;

-We gained an understanding of the design and implementation of the processes and controls in place within the group which are designed to prevent, detect or correct fraud or error within the financial statements

-We challenged the accounting treatment applied in respect of revenue recognised during the year, in particular in relation to manual adjustments made to revenue, cut off between accounting periods;

-We identified and tested journal entries which we considered to be unusual and may be indicative of bias on the part of management or those charged with governance, investigating the rationale behind significant or unusual transactions.

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 for the audit of the financial statements is located on the Financial Reporting Council's website 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 that 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.

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Independent Auditor's Report (continued) to the Members of Leicestershire Action For Mental Health Project

Paul Carvell BFP FCA (Senior Statutory Auditor) for and on behalf of SFB Group Limited, Statutory Auditor

25 June 2026

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Leicestershire Action For Mental Health Project Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 30 September 2025

Unrestricted funds £ 52,504 22,759 104,450 1,206	Restricted funds £ - - 150,632 -	2025 Total funds £ 52,504 22,759 255,082 1,206	2024 Total funds £ 62,802 45,518 238,438 20,464
180,919	150,632	331,551	367,222
(178,670) (14,619)	(163,159) -	(341,829) (14,619)	(360,492) (19,283)
(193,291)	(163,157)	(356,448)	(379,775)
(12,372)	(12,525)	(24,897)	(12,553)
(12,372) (15,928)	(12,525) 95,912	(24,897) 79,984	(12,553) 92,537
(28,300)	83,387	55,087	79,984

The notes on pages 14 to 22 form part of these financial statements.

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Leicestershire Action For Mental Health Project Comparative Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 30 September 2025

Unrestricted funds £ 62,802 45,518 50,000 20,464	Restricted funds £ - - 188,438 -	2024 Total funds £ 62,802 45,518 238,438 20,464
178,784	188,438	367,222
(235,436) (19,283)	(125,056) -	(360,492) (19,283)
(254,718)	(125,057)	(379,775)
(75,934)	63,381	(12,553)
(75,934) 60,006	63,381 32,531	(12,553) 92,537
(15,928)	95,912	79,984

The notes on pages 14 to 22 form part of these financial statements.

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Leicestershire Action For Mental Health Project Balance Sheet As At 30 September 2025

Unrestricted funds £ 656	Restricted funds £ -	2025 Total funds £ 656	2024 Total funds £ 1,088
656 10,838 -	- 75,316 13,660	656 86,154 2,265	1,088 8,417 102,854
10,838 (35,829)	88,976 (5,589)	88,419 (30,023)	111,271 (32,375)
(24,991)	83,387	58,396	78,896
(24,335)	83,387	59,052	79,984
(3,965)	-	(3,965)	-
(28,300)	83,387	55,087	79,984
		83,387 (28,300)	95,912 (15,928)
		55,087	79,984

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

On behalf of the board

Mr Shaun Johnson Trustee 25 June 2026

Mrs Kathryn Haines

Trustee

The notes on pages 14 to 22 form part of these financial statements.

Page 13

Leicestershire Action For Mental Health Project Notes to the Financial Statements For The Year Ended 30 September 2025

1. General Information

Leicestershire Action For Mental Health Project is a company limited by guarantee, incorporated in England & Wales, registered number 02418362 and registered charity number 702057. The registered office is 9 Newarke Street, Leiester, LE1 5SN.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared in accordance with the Charities SORP (FRS 102) "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) (effective 1 January 2019)", Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

The charitable company is a Public Benefit Entity as defined by FRS 102.

2.2. Financial Reporting Standard 102 - Reduced Disclosure Exemptions

The charitable company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":

the requirements of Section 7 Statement of Cash Flows and Section 3 Financial Statement Presentation paragraph 3.17 (d).

2.3. Significant judgements and estimations

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period or in the period of the revision and future periods if the revision affects both current and future periods.

Critical judgements in applying the charity’s accounting policies:

The following are critical judgements, apart from those involving estimations (which are dealt with separately below), that the trustees have made in the process of applying the charity’s accounting policies and that have the most significant effect on the amounts recognised in the financial statements.

Going concern

Page 14

Leicestershire Action For Mental Health Project Notes to the Financial Statements (continued) For The Year Ended 30 September 2025

2.4. Fund Accounting

Funds held by the charity are:

Unrestricted general funds – these are funds which can be used in accordance with the charitable objects at the discretion of the trustees.

Designated general funds – these are funds set aside by the trustees out of unrestricted general funds for specific future purposes or projects.

Restricted funds – these are funds that can only be used for particular purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

2.5. Incoming Resources

Incoming resources are the total amounts receivable by the company from donations, grants and trading in furtherance of charitable activities.

2.6. Resources Expended

Direct charitable expenditure comprises services supplied identifiable as wholly or mainly in support of the company’s objectives.

Those costs shown as support costs relate to the management of the company’s assets, organisation and administration. They are allocated across funding streams according to the number of staff hours worked on each project.

2.7. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings 20% of cost per annum Computer Equipment 33.33% of cost per annum

2.8. Leasing and Hire Purchase Contracts

All leases are operating leases and the payments made under them are charged to the income and expenditure account.

2.9. Cash and Cash Equivalents

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.

2.10. Pensions

The company is a member of the Pensions Trust Growth Plan, a multi-employer defined benefit scheme which is in deficit. As a member, it is not possible to identify its share of the underlying assets and liabilities, therefore it accounts for the scheme as a defined contribution scheme.

A full actuarial valuation for the scheme was carried out at 30 September 2023. This valuation showed a deficit of £16.1m (2020: £31.6m). To eliminate this funding shortfall, the Trustee has asked the participating employers to pay additional contributions to the scheme payable monthly. Plan expenses are also payable monthly. Should the company withdraw from the scheme whilst it is still in deficit, it would be required by law to pay its share of the deficit, but this liability will not crystallise as long as LAMP continues to employ at least one active member.

Where the scheme is in deficit and where the company has agreed to a deficit funding arrangement the company recognises a liability for this obligation. The amount recognised is the net present value of the deficit reduction contributions payable and plan expenses under the agreement. The present value of this obligation at 30th September 2025 is £6,608.

2.11. Volunteer help

The company receives significant amounts of assistance from volunteers, whose assistance is greatly appreciated, and which cannot be valued in commercial terms.

Page 15

Leicestershire Action For Mental Health Project Notes to the Financial Statements (continued) For The Year Ended 30 September 2025

2.12. Income under service agreement and grants receivable

Income under service agreements is recognised (on an accruals basis) in the income and expenditure account so as to match them against the funding year to which they relate. Income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably. Grants are only recognised when the terms and conditions of the agreement have been met and the charity has entitlement to the resources.

3. Income from Donations and Legacies

. Income from Donations and Legacies
	2025	2024
	Unrestricted	Unrestricted
	funds	funds
	£	£
Donations and gifts	52,504	62,802

4. Income from Charitable Activities

. Income from Charitable Activities
Grants from public sector bodies Other grants Other income Grants from public sector bodies Other grants Other income Grants, included above, are as follows: The National Lottery Henry Smith Foundation Awards For All England St James's Place Charitable Foundation JR Corah Trust Postcode Places Grant John Salmon Fund David Laing Foundation Advocacy Support Garfield Weston	Unrestricted funds £ 22,759 104,450 1,206	Restricted funds £ - 150,632 -	2025 Total funds £ 22,759 255,082 1,206
	128,415	150,632	279,047
	Unrestricted funds £ 45,518 50,000 20,464	Restricted funds £ - 188,438 -	2024 Total funds £ 45,518 238,438 20,464
	115,982	188,438	304,420
	Unrestricted funds £ - 52,500 - - 500 25,000 3,000 3,000 450 20,000	Restricted funds £ 150,632 - - - - - - - - -	2025 Total funds £ 150,632 52,500 - - 500 25,000 3,000 3,000 450 20,000
	104,450	150,632	255,082

Grants, included above, are as follows:

Page 16

Leicestershire Action For Mental Health Project Notes to the Financial Statements (continued) For The Year Ended 30 September 2025

Unrestricted funds £ - 50,000 - - - - - - - -	Restricted funds £ 163,438 - 20,000 5,000 - - - - - -	2024 Total funds £ 163,438 50,000 20,000 5,000 - - - - - -
50,000	188,438	238,438
Activities undertaken directly (see note 8) £ 166,120 14,619	2025 £ 22,759	2024 £ 45,518
	2025 £ 432	2024 £ 1,806
	Support costs (see note 9) £ 175,709 -	2025 Total £ 341,829 14,619
180,739	175,709	356,448

Page 17

Leicestershire Action For Mental Health Project Notes to the Financial Statements (continued) For The Year Ended 30 September 2025

Expenditure on charitable activities Expenditure on raising funds	Activities undertaken directly (see note 8) £ 166,681 19,283	Support costs (see note 9) £ 193,811 -	2024 Total £ 360,492 19,283
	185,964	193,811	379,775

8. Direct Costs

. Direct Costs
Fundraising activities Cost of goods sold Employee costs General administration Fundraising activities Cost of goods sold Employee costs General administration Other	Expenditure on charitable activities £ 4,783 - 157,942 3,395	Expenditure on raising funds £ - 14,619 - -	2025 Total £ 4,783 14,619 157,942 3,395
	166,120	14,619	180,739
	Expenditure on charitable activities £ 720 - 161,982 3,552 427	Expenditure on raising funds £ - 19,283 - - -	2024 Total £ 720 19,283 161,982 3,552 427
	166,681	19,283	185,964

9. Support Costs

. Support Costs
	2025
	Expenditure on
	charitable
	activities
	£
Employee costs	147,669
Premises expenses	7,513
General administration	18,882
	...CONTINUED

Page 18

Leicestershire Action For Mental Health Project Notes to the Financial Statements (continued) For The Year Ended 30 September 2025

Depreciation Interest payable Governance costs Employee costs Premises expenses General administration Depreciation Governance costs	432 146 1,067
	175,709
	2024 Expenditure on charitable activities £ 138,291 13,351 38,734 1,806 1,629
	193,811

10. Auditor's Remuneration

Remuneration received by the charitable company's auditors and their associates during the year was as follows:

Audit Services Audit of the company's financial statements 1. Staff Costs taff costs were as follows: Wages and salaries Social security costs Other pension costs	2025 £ 3,376 2025 £ 252,093 15,411 36,313 303,817	2024 £ 3,450
		2024 £ 255,571 17,258 23,196
		296,025

Staff Costs

Staff costs were as follows:

No employees received employee benefits (excluding employer pension costs) for the reporting period of more than £60,000.

12. Average Number of Employees

Average number of employees during the year was: 10 (2024: 10)

Page 19

Leicestershire Action For Mental Health Project Notes to the Financial Statements (continued) For The Year Ended 30 September 2025

13. Tangible Assets

Fixtures & Fittings £ 1,878 -	Fixtures & Fittings £ 1,878 -	Computer Equipment £ 4,402 (560)	Total £ 6,280 (560)
1,878		3,842	5,720
1,878 - -		3,314 432 (560)	5,192 432 (560)
1,878		3,186	5,064
	-	656	656
	-	1,088	1,088
		2025 £ 1,309 3,504 79,001 2,340 86,154 2025 £ 11,001 8,740 - 2,643 7,474 165 30,023 2025 £ 3,965	2024 £ 3,650 4,767 - -
			8,417
			2024 £ 5,193 5,525 3,196 2,787 3,450 12,224
			32,375
			2024 £ -

Page 20

Leicestershire Action For Mental Health Project Notes to the Financial Statements (continued) For The Year Ended 30 September 2025

17. Deferred Income

Deferred income movements in the year were as follows:

Balance at the start of the period Amounts released in income from previous periods Balance at the end of the period	2025 £ 12,224 (12,059)	2024 £ 12,224 -
	165	12,224

18. Pension Commitments

The charitable company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charitable company in an independently administered fund.

During the year the charge to the statement of financial activities in respect of defined contribution schemes was £24,824 (2024: £23,196).

At the balance sheet date contributions of £NIL were due to the fund and are included in creditors.

19. Movement in Funds

9. Movement in Funds
Unrestricted funds General: General unrestricted fund Restricted funds Restricted funds Total funds	As at 1 October 2024 £ (15,928) 95,912	Income £ 180,919 150,632	Expenditure £ (193,291) (163,157)	As at 30 September 2025 £ (28,300) 83,387
	79,984	331,551	(356,448)	55,087

As at 1 October 2023 £ 58,738 1,268	Income £ 178,784 -	Expenditure £ (253,450) (1,268)	As at 30 September 2024 £ (15,928) -
60,006	178,784	(254,718)	(15,928)
32,531	188,438	(125,057)	95,912
92,537	367,222	(379,775)	79,984

Transactions with Trustees

Page 21

Leicestershire Action For Mental Health Project Notes to the Financial Statements (continued) For The Year Ended 30 September 2025

None of the trustees received any remuneration or any other benefits from an employment with the charity or a related entity during the current or previous year.

No trustee expenses have been incurred.

Related Party Disclosures

There have been no related party transactions in the reporting period that require disclosure.

22. Company limited by guarantee

The company is limited by guarantee and has no share capital.

In the event of the company being wound up, the liability in respect of the guarantee is limited to £10 per member of the company.

23. FRC's Ethical Standard - Provision Available for Small Entities

In common with other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements.

Page 22