HAMMERSMITH AND FULHAM ASSOCIATION FOR MENTAL HEALTH (Known as Hammersmith, Fulham, Ealing and Hounslow Mind) FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 Registered Charity Number: 801259 Registered Company Number: 02257523 **HAMMERSMITH AND FULHAM ASSOCIATION FOR MENTAL HEALTH (Known as Hammersmith, Fulham, Ealing and Hounslow Mind))** ## **FOR THE YEAR ENDED 31 MARCH 2022** |**INDEX**|**Page**| |---|---| |Reference and administrative information|1| |Trustees' Report|2-11| |Auditor's Report|12-15| |Statement of Financial Activities|16| |Balance Sheet|17| |Statement of Cash Flows|18| |Notes to the Financial Statements|19-31| **HAMMERSMITH AND FULHAM ASSOCIATION FOR MENTAL HEALTH** ## **(Known as Hammersmith, Fulham, Ealing and Hounslow Mind)** ## **REFERENCE AND ADMINISTRATIVE DETAILS** ## **FOR THE YEAR ENDED 31 MARCH 2022** |**Board of Trustees**|Zak Hulstrom|(resigned 28 January 2022)| |---|---|---| ||Julie Pal|Chair| ||Henal Parmar|| ||Tamara Quinn|| ||Kate Sherratt|| ||Kris Stromdale|(resigned 27 January 2022)| ||Gary Redhead|Treasurer| ||Rafael Sattaur|| ||Caroline Dobbs|(appointed 27 January 2022)| |**Chief Executive**|Benn Keaveney|| |**Company registration no.**|02257523|| |**Charity registration no.**|801259|| |**Registered office**|309 Lillie Road|| ||London|| ||SW6 7LL|| |**Auditors**|Sayer Vincent LLP|| ||Invicta House|| ||108 – 114 Golden Lane|| ||London|| ||EC1Y 0YL|| |**Bankers**|National Westminster Bank PLC|25| ||Shepherds Bush Green London|| ||W12 8PR|| ||HSBC PLC|| ||Hammersmith Commercial Banking Centre|| ||2ndFloor Space One1|| ||Beadon Road|| ||Hammersmith London|| ||W6 0EA|| |**Solicitors**|Anthony Collins Solicitors LLP|| ||134 Edmund Street|| ||Birmingham|| ||B3 2ES|| 1 **HAMMERSMITH AND FULHAM ASSOCIATION FOR MENTAL HEALTH** ## **(Known as Hammersmith, Fulham, Ealing and Hounslow Mind)** ## **TRUSTEES' REPORT** ## **FOR THE YEAR ENDED 31 MARCH 2022** The Board of Trustees, who act as Directors of the Charity for the purposes of Company Law, and Trustees for charity law purposes, submit their Annual Report and the Financial Statements of Hammersmith and Fulham Association for Mental Health for the year ended 31 March 2022. The Board of Trustees confirm that the Annual Report and Financial Statements of the Charity comply with current statutory requirements, the requirements of the Charity's governing document and the provisions of the Statement of Recommended Practice for Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) - Charities SORP FRS102. ## **Objects** The objects of the Association are: 1. To work for and promote the preservation and safeguarding of mental health and the prevention and treatment of mental disorders among both adults and children; and 2. To work for and promote the study of research into mental health and mental disorders and to obtain and make records of and disseminate information concerning the same. ## **Activities** We are able to meet our objects through a combination of service provision and strategic influencing. Our wide range of services consists of activities which preserve, promote and safeguard individuals' mental health. Some examples of these services are health promotion with young people in schools, community-based activities such as advocacy, advice and information training in the workplace. Our work in strategic influencing further reaches object 1) by putting the voices of people with mental health problems, and our own professional opinions into a wide variety of settings where the design and delivery of services can be influenced for the betterment of people with mental health problems. It is through this work that we are able to meet object 2) by Influencing commissioning bodies and the West London Transformation Board. ## **Public Benefit** The Association provides services to benefit those with mental health problems. People with serious mental health issues are one of the most excluded groups in society with an employment rate below 26%. Around 1 in 4 of the population will have a mental health problem at some time in their life and stress is the leading cause of workplace sickness. Around a third of all GP time is taken up seeing people with mental health problems. Mental health problems can have a devastating effect on peoples' lives and the goals of the Association are both to prevent mental health problems escalating where this can be avoided and supporting recovery if the mental health problem has become serious. Our projects are in 3 categories: 1. Preventing mental health problems escalating. These are of public benefit in preventing unnecessary distress for those affected, avoiding unnecessary expenditure in the health and benefits systems and improving the efficiency of the workplace by reducing sickness and staff turnover. Relevant services are: - Education in schools on mental health for both pupils and teaching staff; - Workplace Training 2 **HAMMERSMITH AND FULHAM ASSOCIATION FOR MENTAL HEALTH** **(Known as Hammersmith, Fulham, Ealing and Hounslow Mind)** ## **TRUSTEES' REPORT** ## **FOR THE YEAR ENDED 31 MARCH 2022** 2. Supporting people with mental health problems through the secondary mental health system. These are of public benefit in improving the quality of services delivered and aiding recovery through service users having a voice to influence what happens to them. Relevant services are: - Advocacy - Education in schools on mental health - Information and Advice - Service user involvement 3. Supporting the recovery process. These services are of public benefit in preventing relapse, building wellbeing and, where possible, helping service users move on to independence and away from benefits. Relevant services are: - Advice and information - Counselling (via sub- contracted arrangement) All services are carefully risk-assessed to avoid doing harm. In addition, service users are involved as far as possible in every aspect of the organisation's activity to ensure services meet their needs. All projects are in line with our objects. Our workplace training is a service provided to organisations and for which we charge a fee. This income allows us to increase the support we provide to people across the organisation in line with our objectives. The Board of Trustees confirm that they have referred to the guidance contained in the Charity Commission's guidance on public benefit when reviewing the Association's objectives and in planning activities for the year and future periods. ## **Achievements and Performance** Message from Benn Keaveney – Chief Executive Post Covid we were able to continue to improve our high standards. I am very proud to report that the three yearly inspection by National Mind was passed and has been put forward for a national excellence award. The four-person inspection team included an external service user, looking at not only at our operations in Adult and Youth but also reviewed our Human Resource and Financial systems. The inspection team interviewed our trustees, management, staff and a range of our own service users. Further, we have been awarded the AQS (Advice Quality Standard) for our adult services. A further inspection of our Out of Hospital service was noted by the assessor as ‘highly impressed’. Our Safe Space project has been nominated by the NHS for excellence and innovation and I am very confident that we will pass our QPM (Quality Performance Mark) for our advocacy work. Such quality marks is a benchmark for the staff to be constantly improving the quality of the services we give our service users. We have been able to come out of the Covid crisis having maintained our services over a challenging period. Our staff rightly need to be proud of the extra hard work we all put in during this time of crisis for people with mental health related issues. Post pandemic, it has been critical for our service users to get all our services back to normal. Our crisis centers, hubs and our extensive work in schools are now fully functional with face-to-face services for adults and young people. Through steady well-planned stewardship, our Human Resource and Finance systems are now well established and effective. We have good finance systems and our staff retention, staff moral issues are now above average for a charity of our size. Our data collection systems now clearly and in detail evidence our impact across the three boroughs. We are also picking up trends of issues developing for service users, allowing us to engage with Commissioners and Service users with proposals for early intervention. 3 **HAMMERSMITH AND FULHAM ASSOCIATION FOR MENTAL HEALTH** ## **(Known as Hammersmith, Fulham, Ealing and Hounslow Mind)** ## **TRUSTEES' REPORT** ## **FOR THE YEAR ENDED 31 MARCH 2022** The digital work we undertook during the crisis, continues to grow so we can offer a range of interventions. We have used our systems to co-produce campaigns on diversity and mental health in our boroughs. HEFH Mind is in a productive collaboration with other local Minds in the West London boroughs of Hillingdon and Harrow. This broadens our influence and reach with our service user group and position us to engage with the new North West London commissioning areas as part of the NHS 10 year plan. We are a leading member of Mind in London, which is made up of 99% of all the local Minds operating in the Greater London area. The Association is an affiliate of a network of local Mind associations, led by National Mind, the national campaigning organisation which has over one hundred Mind associations operation in UK and Wales. Our plans for the coming years are ambitious but they are based on evidence of how to effectively mobilise complex projects and establish clear processes of co-production with our service users. ## Adult Services Message from Arti Modhwadia – Director of Adult and Transition Services and Safeguarding Adult Lead - _“We came from nothing, now we’re something”- quote from a staff member in Adult Services_ - _“I would like to let you know how much I appreciate the help you offered and the service from adult services in Mind. I really needed your support and it helped me to get through a very difficult time. I don't know how I would have got through without you.”- Service user_ Since the merger in 2019 with Mind in Ealing and Hounslow, adult services has gone from strength to strength. After a significant period of consolidation and quality assurance, we have successfully expanded, diversified and grown our income and offer. This year started with the launch of our Safe Space service, a crisis alternative service offering out of hours support. Through having quality checks in place, we demonstrated great impact and value for money which led to the expansion of the service in the emergency departments. We were recommissioned for a service offering psychoeducation, we launched our first transition service project offering 16-25-year-olds coping strategies to combat loneliness and we broke into the area of dual diagnosis work. After a period of consolidation and quality improvement, Adult Services now boasts a total of ten services ranging from being both clinical and non-clinical in nature. Adult Service delivers a diversified service and the addition of the Crisis Alternative Project (Safe Space) in April 2021 will provide stability to the service we provide. Projects run during and after working hours and are spread across the tri-borough. Our services now include: - **Hounslow:** Know my Mind (A psychoeducation project funded through a grant by Hounslow council) and TW8 Limit Loneliness (A project to tackle social isolation in TW8, we have been subcontracted by Global Action Plan) - **Ealing:** Advocacy (both community and inpatient advocacy funded by Ealing), Ealing Advice Service (an advice service delivered as part of a consortium led by Ealing Mencap), Out of Hospital Pathways (an information and advice service to prevent hospital admissions by providing information and advice to those with complex mental health, funded by West London Mental Health Trust) - **Hammersmith and Fulham** - Fulham Information and Advice (information and advice for Fulham residents, funded by Doctor Edwards and Bishop King's) and a Hoarding Peer Support Group (funded by Hammersmith and Fulham Council) - **Tri-Borough Offer** : Mind my Home (a counselling service providing solution focused therapy to those living within housing associations, funded by Catalyst Housing, Country Fund and A2 Dominion). Safe Space (a crisis alternative, offering emotional support and signposting between 6pm-1am. We also have a clinical offer within the service for CBT, funded by West London Mental Health Trust) Through demonstrating impact, we have been able in find continuation funding for many of our projects. In addition, through nurturing relationships we have put together successful proposals taken forward by partners, highlighting key gaps in provision increasing our offer. 4 **HAMMERSMITH AND FULHAM ASSOCIATION FOR MENTAL HEALTH** ## **(Known as Hammersmith, Fulham, Ealing and Hounslow Mind)** ## **TRUSTEES' REPORT** ## **FOR THE YEAR ENDED 31 MARCH 2022** Our staff team expanded from 12 members of staff in 2021 to 31 in 2022. Our services went from 5 to 14. We have showcased excellence and impact and gained recognition through the meaningful interventions we conduct. We are extremely proud of our current offer and the stability within the service despite rapid growth. We hope to continue this in the next year by retaining the projects we have and looking into new areas of focus. ## Youth Services Message from Nana Owusu Youth service Director and Clinical lead It has been another incredibly challenging and extraordinary year for everyone living with the pandemic – for children, young people, families, schools, and services, like our Youth Services in HFEH Mind. What has remained a constant is HFEH Mind Youth Services teams drive and commitment to provide high quality, accessible and flexible services. We continue to work closely and collaboratively with our partner agencies (CAMHS, social care, KOOTH…etc), educational staff/professionals and settings to ensure children, young people and families can access the support they need when they need it. Following the successful implementation of a trailblazer mental health Support team (MHST) pilot and an additional second trailblazers contract. Youth services safely and effectively deliver a wide range of innovative clinical, non-clinical and digital mental health support to children, young people, parents, careers and school staff across, Hammersmith, Fulham, Kensington, Chelsea and North of Westminster. Over the past three years, through one to one and group work, HFEH Mind Youth Services has reached approximately 14,462 young people. Positive outcomes for children, young people and family remains central to the teams planning and decision making. Even during such challenging times our teams have managed to further develop and enhance the services we provide. The teams consistently monitor impact, listening to our partners and seeking feedback to review and improve our offer. The team have worked tirelessly to provide a wide range of mental health prevention and intervention programmes to address issues that matter most to our communities. At the beginning of 2021 I took on the role as Director and clinical lead of the Youth service and, together with the Deputy Head of Youth Services, Rajini Broer, and Youth Services leadership team, we made a commitment and set up plans to grow and develop a diverse, effective workforce. We worked to establish a children and young people co-production group to ensure all our youth services provisions and activities are shaped and co-produced with young people. We also set out to develop specialist trauma informed services to become local experts in providing specialist culturally responsive interventions, effectively using technology to provide innovative mental health services and expand our reach into Ealing and Hounslow. Despite the challenges and impact brought on by the Coronavirus pandemic alongside pre-existing challenges, such as national shortage of experienced Child and Adolescent Mental Health (CAMHS) clinicians and practitioners, we have made notable progress and done exceptionally well in meeting some of our key goals within our strategy. There have been many achievements by the team. To name a few: we have been chosen to present our service, and the projects we have developed to improve mental health outcomes for children and young people, at the NHSE and Healthy London Partnership children and young people’s mental health in schools’ celebration event. Based on our exemplary work in youth services with youth mental health, I was invited as guest speaker for the London Youth Assembly. We collaborated with international campaigner, Cephas Williams, to co-produce a racism and mental health campaign that has led on to the development of a mental health and racism toolkit for school professionals. Through our well-established links Chelsea Football Club, we have developed interactive sports programmes to provide psychoeducation sessions to children and young people to address mental health and physical health issues. Over the past year we have developed our digital offer by investing in the use of technology to complement and enhance our mental health provision. This has enabled us to offer a hybrid model of working which has assisted in increasing our reach to young people across our boroughs. 5 **HAMMERSMITH AND FULHAM ASSOCIATION FOR MENTAL HEALTH** ## **(Known as Hammersmith, Fulham, Ealing and Hounslow Mind)** ## **TRUSTEES' REPORT** ## **FOR THE YEAR ENDED 31 MARCH 2022** Our youth service has made great progress to address heath inequalities across all our services and projects. Examples of this is the ‘We Can All Talk’ project which is a culturally responsive adaptation of our evidence-based CBT interventions to increase access to Black boys presenting with low mood. ‘Chai and Chat’ is a psychoeducation and anti-stigma programme for parents from South Asian backgrounds. Overall, it has been a busy and eventful year of service development and learning. I want to say a big thank you to all Youth Services staff for their tireless hard work, to our services users for trusting us with their care and to our partners, funders and commissioners for all their support. The HFEEH MIND Youth Services are ‘Unstoppable’. We won't give until every young person experiencing a mental health problem gets the respect and support they deserve. ## Training and Consultancy Towards the end of 2020/21 we started to see a positive uptick in our bookings and this continued into 2021/22. This has been a year of consolidating our training and consultancy offer as we come out of the pandemic. The challenge has been to rebuild the order book for our Wellbeing products and in how we deliver them. We now have a new product suite in place optimising our existing offer to be relevant to the pandemic and be able to achieve the same outcomes virtually as we did in person. Wellbeing has come front and centre for many organisations but this has often been in the form of newsletters and signposting, rather than positive, proactive action. An internal marketing resource has been recruited who will help drive leads, building out our local connections and existing relationships. ## Other Aside from each service delivery we have continued to work strategically through the London Borough of Hammersmith and Fulham mental health steering groups, primary care mental health steering group, West London Mental Health Trust Transformation Board. Further changes in the commissioning landscape as set out by NHS future plans has intensified our collaboration with other local Minds in the North West region of London. We are also now in a position to raise the profile of the organisation by attracting more volunteers and expanding the sources of finance which helped us reach and support those residents of the boroughs living the experience of mental health issues. All of us at Hammersmith, Fulham, Ealing and Hounslow Mind (HFEHM) reaffirmed our mission statement this year to enhance, remedy, maintain and protect the mental health of the residents. We have identified four key values which our projects and initiatives will work to. ## These are: - Supporting empowerment; - Combatting stigma; - Promoting wellbeing; - Aiding recovery and re-integration into the community. 6 **HAMMERSMITH AND FULHAM ASSOCIATION FOR MENTAL HEALTH** ## **(Known as Hammersmith, Fulham, Ealing and Hounslow Mind)** ## **TRUSTEES' REPORT** ## **FOR THE YEAR ENDED 31 MARCH 2022** ## **FINANCIAL REVIEW** ## **Income** Over recent years HFEH Mind has grown significantly. In 2021/22 HFEH Mind recorded income of £4m, a 43% increase on 2020/21 of £2.8m. The increase in income is mainly attributable to an expansion in Adult Services, from £.3m in 2020/21 to £1.2m in 2021/22 and has been achieved through the provision of Safe Spaces in each of the three Boroughs and within Accident and Emergency departments. The awarding of a Safe Space pilot for Youth Services explains the increase in income for this service, up from £2.3m in 2020/21 to £2.6m in 2021/22 and compliments the existing Mental Health Support Teams (MHST) offer. Training and Consultancy income remained relatively consistent year on year, £93k in 2020/21 and £90k in 2021/22. ## Expenditure **----- Start of picture text -----**
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Corresponding to the increase in income, expenditure increased from £2.6m in 2020/21 to £3.2m in 2021/22 or by 19%, While central support increased from £504k in 2020/21 to £683k in 2021/22, central support costs as a proportion of income fell from 18% in 2020/21 to 17% in 2021/22. 7 **HAMMERSMITH AND FULHAM ASSOCIATION FOR MENTAL HEALTH** ## **(Known as Hammersmith, Fulham, Ealing and Hounslow Mind)** ## **TRUSTEES' REPORT** ## **FOR THE YEAR ENDED 31 MARCH 2022** ## **Reserves** In the year unrestricted funds increased by £37k, from an opening position of £650k, closing at £687k as at 31[st] March 2022. The movement includes a defined benefit pension scheme surplus of £95.6k (£7k deficit in 2020/21). Challenges in recruiting qualified clinical staff to the MHST Youth Services Programme and payments in advance for the Safe Space Youth Services project increased restricted reserves from £215k as at 31[st] March 2021 to £1,115k as at 31[st] March 2022. ## **Balance Sheet** The advance payment of projects explains the increase in debtors at the year end (£1,113k in 2021/22 against £521k in 2020/21). Likewise the inability to spend all the MHST funding improved the cash position from £638k to £1,185k year on year. The increase in the creditor balance of £527k (£256k in 2020/21) can be largely attributed to the increase in deferred income from £60k in 2020/21 to £375k in 2021/22. Hammersmith and Fulham Mind participates in a defined benefit pension scheme administered by The Pensions Trust. This year, the liability has reduced by £95k, and the Pension Fund Provision has been adjusted down to £32k. The service deficit payment plan issued by the Pensions Trust involves payment over a ten year period at an average of £25k p.a., which the trustees are confident that cashflows will be able to meet. We remain hopeful that this issue, affecting so many charities, will be resolved soon._ The Trustees note this liability analysed further in note 16 to the financial statements. The Trustees are aware that the deficit on the scheme will fluctuate with changing market conditions and that their responsibility is to meet the required contribution rates, which are built into the annual budgetary processes of the Charity. The cashflow projections are annually calculated to reflect these continuing service deficit repayments. The Trustees do not consider this deficit to represent an immediate demand on the Charity's funds and do not, therefore, consider that there are any resultant limitations on resources available for general application or on the application of any restricted income funds. The restricted income funds have limitations that mean that they cannot be used to contribute towards any additional resource requirements of the Charity's unrestricted funds arising from the pension scheme deficit. We will continue to review and rigorously monitor our pension fund liabilities. ## **Reserves Policy** Under the requirements of the Statement of Recommended Practice on Accounting and Reporting by Charities, Hammersmith and Fulham Association for Mental Health segregates its funds into those which are restricted and those which are unrestricted. A further description of these funds and how they are further segregated to include the General Reserve is included within Note 17 to the accounts. Total funds for the Charity as at 31 March 2022 were £1,802k, split between restricted reserves of £1,115k and unrestricted reserves of £687K (as at 31 March 2021 total reserves were £865k, £215k restricted, £650k unrestricted). 8 **HAMMERSMITH AND FULHAM ASSOCIATION FOR MENTAL HEALTH** ## **(Known as Hammersmith, Fulham, Ealing and Hounslow Mind)** ## **TRUSTEES' REPORT** ## **FOR THE YEAR ENDED 31 MARCH 2022** In line with current best practice, the Trustees have, in reviewing Hammersmith and Fulham Association for Mental Health's Reserves Policy, considered the financial impact of those risks identified as part of the ongoing risk management process. The Board of Trustees has agreed that the Association, in addition to any restricted or designated reserves and commitments to, and investment in, tangible fixed assets, should have unrestricted general fund reserves equal to three months of operating costs. This equates to some £586k. Given the variety of funding streams, the Trustees have determined that this would be sufficient to enable the Association to manage any likely eventuality. Unrestricted reserves of £687k is made up of £141k designated reserves and 546k general reserves (after a pension liability of £32k) and is sufficient to cover the 3 months operating expenditure required by Trustees. The Charity has not made any fundraising appeals to the general public during the year, and as a result there has been no outsourced fundraising via professional fundraisers or other third parties. Consequently, the charity is not registered with the fundraising regulator and received no fundraising complaints in the year. ## **Plans for future periods** - Respond to the aftermath of the COVID crisis - To continue to expand our services into Ealing and Hounslow. - Expanding our engagement and partnerships with schools and colleges to improve early intervention via our Trailblazer (MHST) programme. - Increasing our reach by building partnerships with locally based organisations - Consolidating our position within the Shifting Settings of Care to ensure effective working with GPs and primary services as both commissioning and care continues to move in that direction. - Increasing our diversity of funding streams and looking at new business opportunities to increase our financial resources within the boroughs we serve and the wider West London area. - Work with neighboring Local Minds in the new North West London region to align ourselves with the new Strategic Transformation Partnership (STP) commissioned in 2020. - To operate collaboratively within the new formed Mind in London organisation to create multi borough responses on mental health services ## **Risk Management and Key Policies** The Board of Trustees have overall responsibility for risk management and Trustees review the analysis, assessment and management of risks on a quarterly basis. To assist in the close monitoring of risk the remit of the Clinical Subcommittee has been expanded to include the systematic review of risk, alongside considerations of strategic direction. Major risks to which the charity is exposed have been reviewed and actions taken in mitigation. The major risks identified include: - 1) Managing Growth – Rapid growth, comes with the challenge of mobilising resource to address the demand for our services. This is acutely felt in the recruitment of specialist clinical staff that play a critical role in the delivery of our Youth Services MHST programme. Despite these challenges time is being spent on consolidating on this increased capacity to deliver meaningful interventions for the beneficiaries impacted by COVID. - 2) COVID Crisis – The pandemic has had a profound impact on the communities we serve not only in the volume of cases but also in the complexity of the cases. The provision of Safe Spaces reflects our response to these changes in operating environment, towards meeting face to face outside normal office hours. Nevertheless we continue to have our on-line presence providing on-line training sessions and development of the TV channel. Our risk management strategies are being continually assessed to reflect the needs of our beneficiaries. - 3) Safeguarding – An impact of the pandemic has been that the numbers of safeguarding incidents we are required to report have risen significantly, overwhelming our staff and our capacity to serve. Through the employment of specialists staff in this field has substantially improved our capacity alongside greater attention being given to how such instances are recorded is improving our coping mechanisms. Progress is being continually assessed to enhancing our systems and approaches to this difficult issue 9 **HAMMERSMITH AND FULHAM ASSOCIATION FOR MENTAL HEALTH** ## **(Known as Hammersmith, Fulham, Ealing and Hounslow Mind)** ## **TRUSTEES' REPORT** ## **FOR THE YEAR ENDED 31 MARCH 2022** ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** Hammersmith and Fulham Association for Mental Health is a charitable company (no. 801259) governed by Articles of Association agreed by its members and controlled by a Board of Trustees elected at an Annual General Meeting. Membership of the Association is obtained through application to the Board of Trustees and the decision to accept or reject an application rests with the trustees. Any member is entitled to stand for election as a Trustee at the Annual General Meeting. One third of the Trustees are required to retire automatically each year and to stand for re-election if they wish to continue. The Chair, Vice· Chair and Honorary Treasurer are elected annually at the Annual General Meeting. The Board of Trustees usually meets between four and six times per year. The quorum for the transaction of business of the Board of Trustees is five. Subject to the objects and powers designated by the Articles, the Board members are empowered to control the business as they deem fit and to appoint new trustees. Trustees are a mix of people with relevant experience, people of standing in the local community and users of the services of the Association. Trustees have received some training in governance and roles and responsibilities. The Board continues to keep under review risks arising from all areas of operations. The day to day running of the charity is delegated to the CEO. ## **Salary Policy for Key Management Personnel** Salaries are set in accordance with our salary policy that takes into account a variety of different factors including, line management responsibility, autonomy, specialism and benchmarking. The Resources Committee oversees and reviews this and other policies in line with Mind Quality Mark. The pay of Key Management personnel is approved by Trustees. ## **STATEMENT OF TRUSTEES' RESPONSIBILITIES** The Trustees (who are also directors of Hammersmith and Fulham Association for Mental Health for the purposes of company law) are responsible for preparing the Board of Trustees' Report (incorporating a Directors' 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 that law the Trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the result of the company for that period. In preparing these financial statements, the directors are required to: - select suitable accounting policies and then apply them consistently; - make judgments and accounting estimates that are reasonable and prudent; - state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; - observe the methods and principles in charity SORP; - 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 that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. 10 **HAMMERSMITH AND FULHAM ASSOCIATION FOR MENTAL HEALTH** ## **(Known as Hammersmith, Fulham, Ealing and Hounslow Mind)** ## **TRUSTEES' REPORT** ## **FOR THE YEAR ENDED 31 MARCH 2022** In so far as the Trustees are aware: - there is no relevant audit information of which the company's auditor is unaware; and - the Trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditor is aware of that information. The Trustees are responsible for the maintenance and integrity of the corporate and financial information included on company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislations in other jurisdictions. ## **SMALL COMPANY PROVISIONS** This report has been prepared in accordance with the special provisions for small companies under part 15 of the Companies Act 2006. Approved by the Board on 17[th] August 2022 and signed on its behalf ## Julie Pal Chair 11 **Independent auditor’s report** ## **to the members of** ## **HAMMERSMITH AND FULHAM ASSOCIATION FOR MENTAL HEALTH (Known as Hammersmith, Fulham, Ealing and Hounslow Mind)** ## **Opinion** We have audited the financial statements of Hammersmith, Fulham, Ealing and Hounslow Mind (the ‘charitable company’) for the year ended 31 March 2022 which comprise the statement of financial activities, balance sheet, statement of cash flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 _The Financial Reporting Standard applicable in the UK and Republic of Ireland_ (United Kingdom Generally Accepted Accounting Practice). ## In our opinion, the financial statements: - Give a true and fair view of the state of the charitable company’s affairs as at 31 March 2022 and of its incoming resources and application of resources, including its income and expenditure for the year then ended - Have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice - Have been prepared in accordance with the requirements of the Companies Act 2006 ## **Basis for opinion** We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. ## **Conclusions relating to going concern** In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on Hammersmith, Fulham, Ealing and Hounslow Mind's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report. ## **Other Information** The other information comprises the information included in the trustees’ annual report, other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. 12 **Independent auditor’s report** ## **to the members of** ## **HAMMERSMITH AND FULHAM ASSOCIATION FOR MENTAL HEALTH (Known as Hammersmith, Fulham, Ealing and Hounslow Mind)** We have nothing to report in this regard. ## **Opinions on other matters prescribed by the Companies Act 2006** In our opinion, based on the work undertaken in the course of the audit: - The information given in the trustees’ annual report, for the financial year for which the financial statements are prepared is consistent with the financial statements; and - The trustees’ annual report, has been prepared in accordance with applicable legal requirements. ## **Matters on which we are required to report by exception** In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the trustees’ annual report We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion: - Adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or - The financial statements are not in agreement with the accounting records and returns; or - Certain disclosures of trustees’ remuneration specified by law are not made; or - We have not received all the information and explanations we require for our audit; or - The directors were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies’ exemptions in preparing the trustees’ annual report and from the requirement to prepare a strategic report. ## **Responsibilities of trustees** As explained more fully in the statement of trustees’ responsibilities set out in the trustees’ annual report, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charitable company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so. ## **Auditor’s responsibilities for the audit of the financial statements** Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. 13 **Independent auditor’s report** ## **to the members of** ## **HAMMERSMITH AND FULHAM ASSOCIATION FOR MENTAL HEALTH (Known as Hammersmith, Fulham, Ealing and Hounslow Mind)** Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud are set out below. ## **Capability of the audit in detecting irregularities** In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, our procedures included the following: - We enquired of management, which included obtaining and reviewing supporting documentation, concerning the charity’s policies and procedures relating to: - Identifying, evaluating, and complying with laws and regulations and whether they were aware of any instances of non-compliance; - Detecting and responding to the risks of fraud and whether they have knowledge of any actual, suspected, or alleged fraud; - The internal controls established to mitigate risks related to fraud or non-compliance with laws and regulations. - We inspected the minutes of meetings of those charged with governance. - We obtained an understanding of the legal and regulatory framework that the charity operates in, focusing on those laws and regulations that had a material effect on the financial statements or that had a fundamental effect on the operations of the charity from our professional and sector experience. - We communicated applicable laws and regulations throughout the audit team and remained alert to any indications of non-compliance throughout the audit. - We reviewed any reports made to regulators. - We reviewed the financial statement disclosures and tested these to supporting documentation to assess compliance with applicable laws and regulations. - We performed analytical procedures to identify any unusual or unexpected relationships that may indicate risks of material misstatement due to fraud. - In addressing the risk of fraud through management override of controls, we tested the appropriateness of journal entries and other adjustments, assessed whether the judgements made in making accounting estimates are indicative of a potential bias and tested significant transactions that are unusual or those outside the normal course of business. Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation. A further description of our responsibilities is available on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities _._ This description forms part of our auditor’s report. 14 **Independent auditor’s report** ## **to the members of** ## **HAMMERSMITH AND FULHAM ASSOCIATION FOR MENTAL HEALTH (Known as Hammersmith, Fulham, Ealing and Hounslow Mind)** ## **Use of our report** This report is made solely to the charitable company's members as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed. Noelia Serrano (Senior statutory auditor) 7 September 2022 for and on behalf of Sayer Vincent LLP, Statutory Auditor Invicta House, 108-114 Golden Lane, LONDON, EC1Y 0TL 15 Hammersmith and Fulham Association for Mental Health (Known as Hammersmith, Fulham, Ealing and Hounslow Mind) ## Statement of financial activities (incorporating an income and expenditure account) For the year ended 31 March 2022 |Note
Income from:
2
3
3
3
4
5
6
6
6
6
21
Reconciliation of funds:
18
Charitable activities
Adult Services
Youth Services
Training & Consultancy
Donations and legacies
Total income
Expenditure on:
Other trading activities
Investments
Adult Services
Youth Services
Total expenditure
Total funds carried forward
Net movement in funds
Total funds brought forward
Charitable activities
Net income before Movement on
Pension Provision
Movement on Pension Provision
Training and Consultancy
Organisational Development|Unrestricted
£
21,573
1,118,665
98,040
89,520
37,529
65|Restricted
£
-
106,068
2,537,803
-
-
-|2022
Total
£
21,573
1,224,733
2,635,843
89,520
37,529
65|Unrestricted
£
9,114
298,626
344,524
92,749
69,156
11|Restricted
£
-
-
1,981,637
-
-
-|2021
Total
£
9,114
298,626
2,326,161
92,749
69,156
11| |---|---|---|---|---|---|---| ||1,365,392|2,643,871|4,009,263|814,180|1,981,637|2,795,817| ||1,314,623
6,522
80,334
-|57,494
1,708,824
-|1,372,117
1,715,346
80,334
-|372,343
66,015
166,837
42,820|-
1,969,932
-|372,343
2,035,947
166,837
42,820| ||1,401,479|1,766,318|3,167,797|648,015|1,969,932|2,617,947| ||95,583
(36,087)|-
877,553|95,583
841,466|(7,276)
166,165|-
11,705|(7,276)
177,870| ||59,496
649,908|877,553
214,907|937,049
864,815|158,889
491,019|11,705
203,202|170,594
694,221| ||709,404|1,092,460|1,801,864|649,908|214,907|864,815| Notes on pages 16 to 31 form part of the financial statements. All of the above results are derived from continuing activities. There were no other recognised gains or losses other than those stated above. Movements in funds are disclosed in Note 18 to the financial statements. 16 Hammersmith and Fulham Association for Mental Health (Known as Hammersmith, Fulham, Ealing and Hounslow Mind) ## Balance sheet |Balance sheet||||| |---|---|---|---|---| |As at 31 March 2022|||Company no. 02257523|| |Note
Fixed assets:
12
Current assets:
13
Liabilities:
14
16
18
Total unrestricted funds
Debtors
General funds
Total charity funds
Total assets less current liabilities
Cash at bank and in hand
Tangible assets
Creditors: amounts falling due within one year
Net current assets
Restricted income funds
Unrestricted income funds:
Designated funds
Pension reserve
The funds of the charity:
Total net assets
Provision of Pension Liability|£
1,113,335
1,184,714|2022
£
51,496|£
521,448
637,549|2021
£
57,205| |||51,496
1,770,737||57,205
902,566| ||2,298,049
(527,312)||1,158,997
(256,431)|| ||140,956
600,492
(32,044)||146,665
630,369
(127,126)|| |||1,822,233
(20,369)||902,566
(94,956)| |||1,801,864||864,815| |||1,092,460
709,404||214,907
649,908| |||||| |||1,801,864||864,815| The financial statements are prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. Approved and authorised for issue by the trustees on 17th August 2022 and signed on their behalf by Kris Stromdale Treasurer 17 Hammersmith and Fulham Association for Mental Health (Known as Hammersmith, Fulham, Ealing and Hounslow Mind) ## Statement of cash flows |For the year ended 31 March 2022|For the year ended 31 March 2022|For the year ended 31 March 2022||| |---|---|---|---|---| |Note
£
£
Net income for the reporting period
937,049
(as per the statement of financial activities)
Depreciation charges
35,031
Movement on Pension Provision
(74,587)
Interest, dividends and rent from investments
(65)
(Increase) / Decrease in debtors
(591,887)
Increase in creditors
270,880
(360,628)
576,421
65
(29,322)
(29,257)
547,165
637,549
1,184,714
Analysis of cash and cash equivalents
At 1 April
2021
Cash flows
£
£
637,549
547,165
Total cash and cash equivalents
347,229
547,165
2022
Cash flows from operating activities
Cash in hand
Cash and cash equivalents at the beginning of the
year
Cash and cash equivalents at the end of the year
Change in cash and cash equivalents in the year
Net cash used in investing activities
Net cash provided by operating activities
Cash flows from investing activities:
Dividends, interest and rents from investments
Purchase of fixed assets|||£
£
170,594
10,748
(24,439)
(11)
95,900
47,946
130,144
300,738
11
(10,429)
(10,418)
290,320
347,229
637,549
Other
changes
At 31 March
2022
£
£
-
1,184,714
-
1,184,714
2021|| ||65
(29,322)||11
(10,429)|| |||576,421
(29,257)||300,738
(10,418)| ||At 1 April
2021
£
637,549||Other
changes
£
-|| |||547,165
637,549||290,320
347,229| |||1,184,714||637,549| |||Cash flows
£
547,165||At 31 March
2022
£
1,184,714| ||347,229|547,165|-|1,184,714| Notes on pages 16 to 31 form part of the financial statements. 18 Hammersmith and Fulham Association for Mental Health (Known as Hammersmith, Fulham, Ealing and Hounslow Mind) ## Notes to the financial statements ## For the year ended 31 March 2022 ## 1 Accounting policies ## a) Statement of Compliance The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) - (Charities SORP FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy or note. ## b) General Information: The charity is a private company limited by guarantee, incorporated in England and Wales (company number: 02257523) and a charity registered in England and Wales (charity number: 801259). The charity's registered office is 309 Lillie Road, London, SW6 7LL. ## c) Public benefit entity The charitable company meets the definition of a public benefit entity under FRS 102. ## d) Going concern The trustees have considered the impact of Covid - 19 in assessing that there are no material uncertainties about the charitable company's ability to continue as a going concern. ## e) Key judgments and uncertainties Apart from the provision for the pension scheme liability as noted in the Trustees' Report, the trustees do not consider that there are any other sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next reporting period. ## f) Income Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the income have been met, it is probable that the income will be received and that the amount can be measured reliably. Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred. For legacies, entitlement is taken as the earlier of the date on which either: the charity is aware that probate has been granted, the estate has been finalised and notification has been made by the executor(s) to the charity that a distribution will be made, or when a distribution is received from the estate. Receipt of a legacy, in whole or in part, is only considered probable when the amount can be measured reliably and the charity has been notified of the executor’s intention to make a distribution. Where legacies have been notified to the charity, or the charity is aware of the granting of probate, and the criteria for income recognition have not been met, then the legacy is a treated as a contingent asset and disclosed if material. Income received in advance of the provision of a specified service is deferred until the criteria for income recognition ## g) Interest receivable Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the bank. ## h) Fund accounting Restricted funds are to be used for specific purposes as laid down by the donor. Expenditure which meets these criteria is charged to the fund. Unrestricted funds are donations and other incoming resources received or generated for the charitable purposes. Designated funds are unrestricted funds earmarked by the trustees for particular purposes. 19 Hammersmith and Fulham Association for Mental Health (Known as Hammersmith, Fulham, Ealing and Hounslow Mind) ## Notes to the financial statements ## For the year ended 31 March 2022 - 1 Accounting policies (continued) ## i) Expenditure and irrecoverable VAT - Expenditure on charitable activities includes the costs of directly delivering the charitable activities. - Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred. ## j) Allocation of support costs Resources expended are allocated to the particular activity where the cost relates directly to that activity. However, the support cost of overall direction and administration of each activity, comprising the salary and overhead costs of the central function, is apportioned on the basis of staff time attributable to each activity. ## k) Operating leases Rental charges are charged on a straight line basis over the term of the lease. ## l) Tangible fixed assets Items of equipment are capitalised where the purchase price exceeds £750. Depreciation costs are allocated to central costs. Assets are reviewed for impairment if circumstances indicate their carrying value may exceed their net realisable value and value in use. The assets are depreciated at the following rates: - Fixtures and Fittings 5 years - Computer Equipment 3 Years - m) Financial Investments: Basic financial intrustments are transactions that result in the recognition of financial assets and liabilities. The trade and other accounts receivables and payables are accounted for on the following basis: ## n) Debtors Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. ## o) Cash at bank and in hand Cash at bank and cash in hand includes cash and short term savings accounts. Cash balances exclude any funds held on behalf of service users. ## p) Creditors and provisions Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due. The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective ## q) Employee Benefits: Pensions Hammersmith, Fulham, Ealing and Hounslow Mind ran a Defined Benefit Scheme administered by The Pensions Trust. The Pensions Trust ran a multiple scheme for small organisations involved in social, educational, charitable, voluntary or similar work. The financial position and the income and expenditure of The Pensions Trust are disclosed in its annual financial statements. A shortfall has occurred on this scheme and each participating company in the scheme is required to make good their share of the shortfall. The liability is reduced when payments are made to The Pension Trust. In October 2015, an Auto-Enrolment Workplace Pension Scheme was set up for all employees on a ## r) Short Term benefits Short term benefits including holiday pay are recognised in the period in which the service is received. 20 Hammersmith and Fulham Association for Mental Health (Known as Hammersmith, Fulham, Ealing and Hounslow Mind) ## Notes to the financial statements ## For the year ended 31 March 2022 - 2 Income from donations and legacies (all unrestricted) |Adult Services
Youth Services
Training & Consultancy
Donations
Income from charitable activities|Unrestricted
£
1,118,665
98,040
89,520|£
106,068
2,537,803
-
Restricted|2022
Total
£
1,224,733
2,635,843
89,520|Unrestricted
£
298,626
344,524
92,749|2022
Total
£
21,573|2021
Total
£
9,114| |---|---|---|---|---|---|---| ||||||21,573|9,114| ||||||Restricted
£
-
1,981,637
-|2021
Total
£
298,626
2,326,161
92,749| ||1,306,225|2,643,871|3,950,096|735,899|1,981,637|2,717,536| - 3 Income from charitable activities ## 4 Other Trading Activities |Other Trading Activities||| |---|---|---| |Furlough Income
Rental Income
Investment Income
Bank Interest income
Unrestricted income in both 2022 and 2021
Local Authority Grants
North West London (local Mind Collaboration)|2022
Total
£
-
21,929
15,600
-|2021
Total
£
35,000
18,750
3,200
12,206| ||37,529|69,156| ||2022
Total
£
65|2021
Total
£
11| ||65|11| - 5 Investment Income 21 Hammersmith and Fulham Association for Mental Health (Known as Hammersmith, Fulham, Ealing and Hounslow Mind) ## Notes to the financial statements ## For the year ended 31 March 2022 |For the year ended 31 March 2022||||| |---|---|---|---|---| |6a
Total Expenditure
Total Expenditure
6b
Space and Office Costs
Staff related costs
IT Costs
Governance Costs
Other Support Costs
Total Support Costs
6c
Auditor’s fees
Trustee expenses
Staff support costs
Total Governance Costs
Analysis of Support Costs
Analysis of Governance Costs
Analysis of total expenditure
Adult Services
Youth Services
Training and Consultancy
Support Costs
Adult Services
Youth Services
Training and Consultancy
Support Costs
Management and Personnel Costs
Analysis of total expenditure (2021)
Legal and professional costs|Staff
£
799,615
1,031,512
55,419
432,430|Other
£
276,757
314,109
7,600
250,355|Support
£
295,745
369,725
17,315
(682,785)|2022
Total
£
1,372,117
1,715,346
80,334
-| ||2,318,976|848,821|-|3,167,797| ||Staff
£
245,608
1,251,731
122,212
23,768
280,255|Other
£
54,979
391,857
12,473
10,800
224,265|Support
£
71,756
392,359
32,152
8,252
(504,520)|2021
Total
£
372,343
2,035,947
166,837
42,820
-| ||1,923,574|694,374|-|2,617,947| ||||2022
Total
£
96,933
432,593
17,168
48,861
14,936
11,640
60,654|2021
Total
£
55,419
311,039
10,716
29,812
22,510
11,040
14,685| ||||682,785|504,520| ||||2022
Total
£
11,640
-
-|2021
Total
£
11,040
-
-| ||||11,640|11,070| 22 Hammersmith and Fulham Association for Mental Health (Known as Hammersmith, Fulham, Ealing and Hounslow Mind) ## Notes to the financial statements ## For the year ended 31 March 2022 - 7 Net income for the year This is stated after charging / crediting: |This is stated after charging / crediting:||| |---|---|---| ||2022|2021| ||£|£| |Depreciation|35,031|15,573| |Operating lease rentals:||| |Property|42,000|46,163| |Other|841|1,154| |Auditor's remuneration (excluding VAT):||| |Audit|9,700|8,640| - 8 Analysis of staff costs, trustee remuneration and expenses, and the cost of key management personnel Staff costs were as follows: |Staff costs were as follows:||| |---|---|---| |Employer’s contribution to defined contribution pension schemes
Operating costs of defined benefit pension schemes
Salaries and wages
Social security costs|2022
£
2,047,263
196,275
42,657
32,781|2021
£
1,714,876
168,257
16,939
23,502| ||2,318,976|1,923,574| The following number of employees received employee benefits (excluding employer pension costs) during the year between: £60,000 - £69,999 |2022|2021| |---|---| |No.|No.| |1|-| The total employee benefits including pension contributions of the key management personnel were £335,253 (2021: £347,363), split as follows: Salaries £291,464, Social Security Costs £34,120, and Pensions £9,669 The organisation paid Nil redundancy costs (2021: £5,380). The charity trustees were not paid or received any other benefits from employment with the charity in the year (2021: £nil). No charity trustee received payment for professional or other services supplied to the charity (2021: £nil). Trustees' expenses represents the payment or reimbursement of travel and subsistence costs totalling £nil (2021: £nil). 23 Hammersmith and Fulham Association for Mental Health (Known as Hammersmith, Fulham, Ealing and Hounslow Mind) ## Notes to the financial statements ## For the year ended 31 March 2022 ## 9 Staff numbers The average number of employees (head count based on number of staff employed) during the year was as follows: |Adult Services
Support Services
Youth Services
Training and Consultancy|2022
No.
31
29
4
7|2021
No.
12
34
4
7| |---|---|---| ||71|57| ## 10 Related party transactions There were no related party transactions to disclose for 2022 (2021: £nil). ## 11 Taxation The charitable company is exempt from corporation tax as all its income is charitable and is applied for charitable purposes. ## 12 Tangible fixed assets |Tangible fixed assets|||| |---|---|---|---| |Eliminated on disposal
At the end of the year
At the end of the year
At the start of the year
Charge for the year
At the start of the year
Additions in year
At the end of the year
At the start of the year
Net book value
Disposals in year
Cost or valuation|Fixtures and
fittings
£
24,156
-
-|Computer
equipment
£
72,918
29,322
-|Total
£
97,074
29,322
-| ||24,156|102,240|126,396| ||13,169
4,832
-|26,700
30,199
-|39,869
35,031
-| ||18,001|56,899|74,900| ||6,155|45,341|51,496| ||10,987|46,218|57,205| All of the above assets are used for charitable purposes. 24 Hammersmith and Fulham Association for Mental Health (Known as Hammersmith, Fulham, Ealing and Hounslow Mind) ## Notes to the financial statements ## For the year ended 31 March 2022 ## 13 Debtors |Debtors||| |---|---|---| |Trade debtors
Other debtors
Prepayments|2022
£
1,098,635
-
14,700|2021
£
497,597
-
23,851| ||1,113,335|521,448| ## 14 Creditors: amounts falling due within one year |Creditors: amounts falling due within one year||| |---|---|---| |Balance at the beginning of the year
Amount released to income in the year
Amount deferred in the year
Balance at the end of the year
Accruals
Deferred income (Note 15)
Trade creditors
Deferred income
Other creditors
Taxation and social security
Pension Provision within one year|2022
£
63,405
55,130
-
21,930
375,172
11,675|2021
£
49,935
53,595
49,651
11,040
60,040
32,170| ||527,312|256,431| ||2022
£
60,040
(60,040)
375,172|2021
£
57,396
(57,396)
60,040| ||375,172|60,040| ## 15 Deferred income The income deferred relates to amounts invoiced in advance for services to be undertaken in 2022/23. 25 Hammersmith and Fulham Association for Mental Health (Known as Hammersmith, Fulham, Ealing and Hounslow Mind) ## Notes to the financial statements ## For the year ended 31 March 2022 - 16 Pension Provision > 1year |Pension Provision > 1year||| |---|---|---| |Pension Provision|2022
£
20,369|2021
£
94,956| ||20,369|94,956| Hammersmith, Fulham, Ealing and Hounslow Mind ran a Defined Benefit Scheme administered by The Pensions Trust. The Pensions Trust ran a multiple scheme for small organisations involved in social, educational, charitable, voluntary or similar work. The financial position and the income and expenditure of The Pensions Trust are disclosed in its annual financial statements. A shortfall has occurred on this scheme and each participating company in the scheme is required to make good their share of the shortfall. The liability is reduced when payments are made to The Pension Trust. In October 2015, an Auto-Enrolment Workplace Pension Scheme was set up for all employees on a Defined Contribution basis. ## 17 Analysis of net assets between funds |Tangible fixed assets
Net current assets
Pension Provision
Net assets at the end of the year|£
51,496
89,460
-
Designated|General
unrestricted
£
-
588,817
(20,369)|Restricted
£
-
1,092,460
-|Total funds
£
51,496
1,770,737
(20,369)| |---|---|---|---|---| ||140,956|568,448|1,092,460|1,801,864| Comparative Analysis of net assets between funds (2021) |Tangible fixed assets
Net current assets
Pension Provision
Net assets at the end of the year|£
57,205
89,460
-
Designated|General
unrestricted
£
-
598,199
(94,956)|Restricted
£
-
214,907
-|Total funds
£
57,205
902,566
(94,956)| |---|---|---|---|---| ||146,665|503,243|214,907|864,815| 26 Hammersmith and Fulham Association for Mental Health (Known as Hammersmith, Fulham, Ealing and Hounslow Mind) ## Notes to the financial statements ## For the year ended 31 March 2022 ## 18 Movements in funds |Total restricted funds
Total designated funds
Pension Reserve
General funds
Fixed Assets
Total unrestricted funds
Trailblazers (MHST) Hammersmith &
Fulham
Legacy
Safe Space (Youth)
YANA
Mind Series (National Mind)
Youth Services
Adult Services
Restricted funds:
Unrestricted funds:
Total funds including pension fund
Working Well (Shaw Trust)
Know My Mind
Know My Mind
Clear your Mind - Hoarding
Designated funds:
Trailblazers (MHST) West London|At the start
of the year
£
214,907
-
-
-
-
-
-
-
-|Income
£
1,264,585
835,306
371,536
47,376
19,000
22,547
48,963
12,098
22,460|Expenditure
£
(1,202,482)
(439,966)
-
(47,376)
(19,000)
(22,547)
(8,023)
(4,464)
(22,460)|Transfers
£
-
-
-
-
-
-
-
-
-|At the end
of the year
£
277,010
395,340
371,536
-
-
-
40,939
7,634
-| |---|---|---|---|---|---| ||214,907|2,643,871|(1,766,318)|-|1,092,460| ||57,205
89,460|-
-|-
-|(5,709)
-|51,496
89,460| ||146,665|-|-|(5,709)|140,956| ||(127,126)
630,369|-
1,365,392|95,082
(1,400,978)|-
5,709|(32,044)
600,492| ||649,908|1,365,392|(1,305,896)|-|709,404| ||864,815|4,009,263|(3,072,214)|-|1,801,864| ## Purposes of restricted funds Youth Services - Trailblazers relates to two grants for the provision of mental health support teams (MHST) in educational settings, funded by the local Clinical Commission Groups of the NHS covering the areas of West London and Hammersmith and Fulham. Following the successful introduction of Safe Spaces in the community, West London NHS Health Trust is funding a pilot to establish a Safe Space for young people. Shaw Trust and National Mind funded specific complementary activities in employment and sporting Adult Services - Know my Mind is a psychoeducation project funded through by grants from Hounslow council. Clear Your Mind is a Hoarding Peer Support Group funded by Hammersmith and Fulham Council and YANA a train the trainer programme for community leaders funded by National Mind. 27 Hammersmith and Fulham Association for Mental Health (Known as Hammersmith, Fulham, Ealing and Hounslow Mind) ## Notes to the financial statements ## For the year ended 31 March 2022 ## Purposes of designated funds The Fixed Assets Fund reflects capitalised equipment purchased by using unrestricted fund or Capital grants where there is no continuing restriction as to use. The balance carried forward is equal to the net book value of the related fixed assets. In 2018/19 the charity was in receipt of a legacy amounting to £178,989. During 2019/20 £89,529 was utilised in the reorganisation of central services to leave a balance of £89,460 and since the Trustees have not seen fit to utilise the funds in a period of growth and a continuing strengthening of the organisational finances. ## Comparative Movement in Funds (2021) |Total restricted funds
Total designated funds
Pension Reserve
General funds

Restricted funds:
Trailblazers West London
Trailblazers Hammersmith & Fulham
Whole School Approach
Total unrestricted funds
Total funds including pension fund
Unrestricted funds:
Designated funds:
Fixed Assets
Legacy|At the start
of the year
£
193,890
-
9,312
|Income
£
1,200,572
721,065
60,000|Expenditure
and
Movements
in Pension
Provision
£
(1,179,555)
(721,065)
(69,312)|Transfers
£
-
-
-|At the end
of the year
£
214,907
-
-| |---|---|---|---|---|---| ||203,202|1,981,637|(1,969,932)|-|214,907| ||57,524
89,460|-
-|-
-|(319)
-|57,205
89,460| ||146,984|-|-|(319)|146,665| ||(150,628)
494,663|-
814,180|23,502
(678,793)|-
319|(127,126)
630,369| ||491,019|814,180|(655,291)|-|649,908| ||694,221|2,795,817|(2,625,223)|-|864,815| 28 Hammersmith and Fulham Association for Mental Health (Known as Hammersmith, Fulham, Ealing and Hounslow Mind) ## Notes to the financial statements ## For the year ended 31 March 2022 ## 19 Operating lease commitments The charity's total future minimum lease payments under non-cancellable operating leases is as follows for each of the following periods |each of the following periods||||| |---|---|---|---|---| ||Property||Equipment|| ||2022|2021|2022|2021| ||£|£|£|£| |Less than one year|68,364|42,000|1,045|1,368| |One to five years|83,262|56,750|360|1,405| |Over five years|-|-|-|-| |Total Operating Lease commitment|151,626|98,750|1,405|2,773| ## 20 Legal status of the charity The charity is a company limited by guarantee and has no share capital. The liability of each member in the event of winding up is limited to £1. 29 Hammersmith and Fulham Association for Mental Health (Known as Hammersmith, Fulham, Ealing and Hounslow Mind) Notes to the financial statements ## For the year ended 31 March 2022 ## 21. Pension schemes ## SCHEME: TPT Retirement Solutions – The Growth Plan The company participates in the scheme, a multi-employer scheme which provides benefits to some 950 non-associated participating employers. The scheme is a defined benefit scheme in the UK. It is not possible for the company to obtain sufficient information to enable it to account for the scheme as a defined benefit scheme. Therefore it accounts for the scheme as a defined contribution scheme. The scheme is subject to the funding legislation outlined in the Pensions Act 2004 which came into force on 30 December 2005. This, together with documents issued by the Pensions Regulator and Technical Actuarial Standards issued by the Financial Reporting Council, set out the framework for funding defined benefit occupational pension schemes in the UK. The scheme is classified as a 'last-man standing arrangement'. Therefore the company is potentially liable for other participating employers' obligations if those employers are unable to meet their share of the scheme deficit following withdrawal from the scheme. Participating employers are legally required to meet their share of the scheme deficit on an annuity purchase basis on withdrawal from the scheme. A full actuarial valuation for the scheme was carried out at 30 September 2017. This valuation showed assets of £794.9m, liabilities of £926.4m and a deficit of £131.5m. To eliminate this funding shortfall, the Trustee has asked the participating employers to pay additional contributions to the scheme as follows: |Deficit contributions|Deficit contributions|Deficit contributions|Deficit contributions|Deficit contributions| |---|---|---|---|---| |From 1 April 2019 to 30 September 2025:|||£11,243,000
per annum|(payable monthly and increasing by 3% each
year on 1st April)| Unless a concession has been agreed with the Trustee the term to 31 January 2025 applies. Note that the scheme’s previous valuation was carried out with an effective date of 30 September 2014. This valuation showed assets of £793.4m, liabilities of £969.9m and a deficit of £176.5m. To eliminate this funding shortfall, the Trustee has asked the participating employers to pay additional contributions to the scheme as follows: ## **Deficit contributions** £12,945,440 per annum (payable monthly and increasing From 1 April 2016 to 30 September 2025: by 3% each on 1st April) £54,560 per annum (payable monthly and From 1 April 2016 to 30 September 2028: increasing by 3% each on 1st April) The recovery plan contributions are allocated to each participating employer in line with their estimated share of the Series 1 and Series 2 scheme liabilities. 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 under the agreement that relates to the deficit. The present value is calculated using the discount rate detailed in these disclosures. The unwinding of the discount rate is recognised as a finance cost. ## PRESENT VALUES OF PROVISION |31 March
2022
31 March
2021
31 March
2020
(£000s)
(£000s)
(£000s)
32,044
127,126
150,628
Deficit contribution paid
Remeasurements - impact of any change in assumptions
Remeasurements - amendments to the contribution schedule
Provision at end of period
Unwinding of the discount factor (interest expense)
Present value of provision (discounted)
RECONCILIATION OF OPENING AND CLOSING PROVISIONS
Provision at start of period|31 March
2019
(£000s)
182,725
Period
31 March
2022
(£000s)
127,126
733
(32,170)
(737)
(62,908)
32,044|31 March
2018
(£000s)
200,204
Period
31 March
2021
(£000s)
150,628
3,384
(31,233)
4,347
-
127,126| |---|---|---| 30 Hammersmith and Fulham Association for Mental Health (Known as Hammersmith, Fulham, Ealing and Hounslow Mind) Notes to the financial statements ## For the year ended 31 March 2022 22. Pension schemes continued) ## INCOME AND EXPENDITURE IMPACT |Costs recognised in income and expenditure account
Interest expense
Remeasurements – impact of any change in assumptions
Remeasurements - amendments to the contribution schedule
Contributions paid in respect of future service*|Period
31 March
2021
(£000s)
733
(737)
(62,908)
*
*|Period
31 March
2021
(£000s)
3,384
4,347
-
*
*| |---|---|---| *includes defined contribution schemes and future service contributions (i.e. excluding any deficit reduction payments) to defined benefit schemes which are treated as defined contribution schemes. To be completed by the company. ||31 March|31 March|31 March|31 March| |---|---|---|---|---| ||2022|2021|2020|2019| ||% per annum|% per annum|% per annum|% per annum| |Rate of discount|2.35|0.66|2.53|1.39| The discount rates shown above are the equivalent single discount rates which, when used to discount the future recovery plan contributions due, would give the same results as using a full AA corporate bond yield curve to discount the same recovery plan contributions. ## SCHEME: TPT Retirement Solutions - The Growth Plan The following schedule details the deficit contributions agreed between the company and the scheme at each year end period: ## DEFICIT CONTRIBUTIONS SCHEDULE |The non-discounted payments will be:||||| |---|---|---|---|---| |Year ending|31 March
2022|31 March
2021|31 March
2020|31 March
2019| ||(£000s)|(£000s)|(£000s)|(£000s)| |Year 1|11,675|32,170|31,233|30,324| |Year 2|11,675|33,136|32,170|31,233| |Year 3|9,729|34,130|33,136|32,170| |Year 4|-|29,295|34,130|33,136| |Year 5|-|-|29,295|34,310| |Year 6|-|-|-|29,295| |Year 7|-|-|-|-| |Year 8|-|-|-|-| |Year 9|-|-|-|-| |Year 10|-|-|-|-| ||33,079|128,731|159,964|190468| 31