Report of tb¢ Trnstees and Ullalldited FillxDcial S¢temtnts for Tht Yer Ended 31 2023 Connect Foundation for Mentsl Health
CoDnert FouMd8tlon for MeBtl Health REGISTERED CHARITY NUMBER: 802695 Colll¢Dts of Ibt FinaDeil St*temellts for the Year Ended 31 Mah 2023 Report of the Trustees 3to4 Indcpthdt ExamRn¢rfs Repon Statemeni of Finan¢iaJ Activities Batance Sbee¢ Ststemffit of Cath flow Not¢s to the Financial Statements 9t0 13 Dethiled Ststonent of Finao¢ial Activities 14
CoDJet for Mtht•l He41th Report ofthe Trnsl¢ for the Y¢ar EDdwJ 31 March 2011 The tsu5tees present their rq with the financial stst¢ma)ts of the chaTity forthe ye4r ended 31 March 2023. The TeFrf)rt has been prepar1 in accorthce with the Cl)aTitiL4 Act2011. The accounts bav¢ beeD in acc(thce with ttent accoutitiDg li¢l¢S and Compty with the charitable ornpatty's memor8ndum alld 8Tticles of ass0Giatso 8pplicable I•w5 and the requIre¢llts of the St¢ment of Recommettded Pra¢tice on'A¢counting and Re1]ng by Clwid"es' 1&suJ ID July 2014 by the Charity Co]nmi$sion. REFERENCE AND ADMINISTRATIVE DETAILS Registered Cbarity Dumber 802695 Printlp&l ddress Rear of 20 Church Street Isleworth Middlesex TW7 6BG Trustees Dr A Bowden D Morris M. Grossfeld S.C(xbper srRucfuRE, GOVERNANCE AND MANAGEMENT Governing doeuTreut The chartty is controlled by its £ovcrni48 dctumenL 8 deal of and Consti an unincortMXat charity. Reserves policy and Risk )niDgemeDt The tnjstees have given consideratiott to the major risks faced by the Charity and systems and proths have been introdu¢¢d to mitigate th< risk8. Most of th¢ CFLarity's income h&s deriveJJ fr(Kn grants aDd donations in spOnSe to the fundraisTng efforts of the Injstees and the uncertainty of thi5 in¢ is a major risk to the fll)an¢ial viability of the Charity. Therefore the trustees are aiming to buÉld up the free res¢rves to a l¢vel that would provide at least short terni security to cover peri1$ when th¢re is a Shortfall in the recetpt of grants and donatiojjs.
Coomeet Found*tiOD ftir M¢Alal He4llh PUBLIC BENEFIT The Trustees confrym that they have complÈed with the duty in Section Four of the Charities Act 21M>6 to have due reg to public benefit guidance published by the Charity Commission itt detennining th¢ actiTrities undertaken by the Charity. The following sections demoL%trak our Provisi of public benefit. ORIECTIVES AND A[VrrIF Objects The objects of the Charity aTe to benefft the public by providing relief and rehabil[lon for Frns resident in the Unit&1 Kangdom sufftrrng or recovertng from fonn of mental iltutss by provision of OplWIltieS for such person5 to ¢ngag¢ thweuti¢ a¢iivities. The Cbartty is also ernWere to disseminate tnfonnation by any means on any related matters. The aaivities uDdertaken by the Charity to further its charitsble purposes for the public benefit in tbe year under review are referred to ID the Review of xtivities lOw. The trnstee5 r¢view the aims and perforrnart(t of the Cbarity (ffl a r¢gular b&is and have due reg&d to the wblic benefit guidance published by the Charity Commi1(¥ in order to Contply with section 4 of the Charities A¢t 26. Review of activitie¥ Durtng the year the charrty continued wtth its main objertive of supporting the t)eeds of people sufferlng from severe and enduring mentsl health problems. This indLKled grIng financial support to the Cathja Projert, from funds raised by the charity shops. The Shepperton sb¢)p eMpkY a part time marAagttto tske some of th¢ load offthe volunteers who had been Successlty runnin8 the shop for the past 20 years. ORGANISATIONAL STRucfuRE The charity is managed by a Board of TnLStets whith meets bi-monthty. OIY BEHALF OF THE BOARD: i ?+ty ,
Conoeet for Mentsl Htalth Independent EXalDer'S Report lo the Truste¢s I report on th¢ forthe year end 31 Marrh 2023 set on pages six ¢0 fourt¢QL Respective responstbilities of the trusteu and txmiDer The trnstees are restx)nsible for the PTepardtion of the accounts. The truste¢s eonsid¢rthat an audit i5 Dot required for this year und¢r SKtion 144(2) of the Charities Act 2011 (the Clwities Act) and that irylependent examinatim is Haying satisfied tllyself thatthe ChaTity isnot subjectto auditundtr Company Law and is eliwl)l¢ for indep¢nd¢nt exalniuation, it is my responsibility to.. examin¢ th¢ accounts under Stttion 145 of the 2011 A¢ to follow the pnKethllc5 laid down in the genernl Di1$ given by the Clwity ComtDission (under Section 145(5) (b) of the 201 IA¢t)' and to state wh¢ther parti¢u]ar matt¢rs bave ¢ome to my JtteDtion. Bts of iht Indepettdent eumlller'i report My examination w4s carried out in accorthce with the general Directs"on5 given by the Charity Commission. An examination includ¢s a review of the acc<xwling recorth k¢pt by the charity 8nd a comparison of th¢ 4ccounts PK8ented with those re¢ords. It also includes consideration of any urtusual items or disclosures Tn the a¢¢owits. and seeking explanationg from you ag truste¢s¢oncegDing such matters. The procedw undertaken do not provide all the evidenee that would beTtquir¢d in an audi( and consequenily noopinion is given as io whdherthe accounts present a 'true and f8ir view, and the report 18 limited to those tnattctS S¢t out in th¢ $tat¢AneD¢ below. Independent ¢xmltser's sta¢em¢nl In conneetion with my examination, no matter has my allentson: Which gives me rOnable ¢ause to believe that in. any Mer191 resprt th¢ requirements". (l) to pr¢pare a¢cowits which ¥cord with the ac¢ountin8 records. mplY with the accountin8 requirements the methods and principles ofthe Statem¢ni of Recommend¢d Practic¢: A¢un¢1tis and Reportin8 by Charities Ichartties SORP FRS102) have not been met,. OT (2) io which. in my opinion, attenti should b¢ dTrwD in OTder to enAbk a prnp¢runderstsnding of the a¢¢ounts to be reache J&smin Aktsr Small W¢)Tks Vauxhall Bridge Road Victoria London SWIV ITA
Connect FouThltio for Mentsl Health Ststememt of finalleial Aettvities ror the Year Ep¢Jed 31 Mah 2023 31J.23 Totsl 31.3.22 Totsl funds ds fimds Notss INCOMING REsoIfRCES IDcoming resour¢es from generated IUJMIS Activities for g¢nerating fim(Ls Government Grants /Other Activities tnv¢sthient Income 213J55 213W5 179.065 23,210 454 454 Total ineoming resourt¢s 214J09 202283 Elpenditre ChritAble AVItieS Mental Heahh Support GovernAn¢e costs {75313) (2,1) (107J3S) (75513) {1000) (107535) (50.093) (1.8} (IIM.55 1) Totsl Expenditure (18SIM8> (185 (156.444) NET INCOMINGI(OUTGOING) RESOURCES before tr*nslers 29261 29361 4S839 Tr4nsfers NET MOVEMENT IN FUNDS 29261 29201 45,839) Total fimds at l April 2022 BALANCES CARRIED FORWARD 126243 126343 80.404 155504 126243 Total fwDd5 at 31 Marth 2011 ISSJM 126243 The accompanying n0tr6 are an integraI p of this Statement of Financial ActiVitt There were no recognised
Cottnect F1]ItION for Metttsl Hexhh Balanet s?et At 31 March 2023 31.0323 Total fuDds 31.03.22 TotaI fimds FIXED ASSETS Tangible ass¢ts CURRENT ASSETS Debtors and prepayments Ca81 at bank 7J178 155 92 6,995 162,670 132,092 CREDITORS Amounts falling du¢ within on¢ year {IOA16) (5.849) NET CURRENT ASSEV3 Iss 126243 TOTAL NET ASSETS 155,504 126243 NET ASSETS ISSJ04 126243 RF.PRF,SENTED BY: Unrestricted funds 155,gM 126,243 TOTAL FUNDS 155 126243 The dirlor5 consider th¢ company ts entitled to exemption from the r¢quiremfflt to have an audit under the provisions of Sectson 477 of the Companies Aei 2( {e Acl") and m¢mbers have required th¢ wmpany to obtsin an audit for the year in question iti &wrdance with section 476 of the ACL The diTector8 a¢knowledge their rwrfM)sibilitiey for comptying with the requirements of the com]xleS Act 2LK)6 with respect to accounlin8 record5 and fty Fryar[ financial statements whi¢h give a true and fair view of the slate affairs of the company as at 31 March 2023 and of its wofit forthe period in &¢¢OTdanc¢ with th¢ rniuir¢ments of section 394 and 395 of the Act and whi¢h otherwise Clxnpty with the T¢quirem¢nts of th¢ Companies Act 2(M)6 relating to f]nancial statements. so far &s applicable to the company. The financial Swements have been prepared in accordance withthe provisiffis applic8ble tosma]I companies within Part 15 of the Companies Act 21)06 and in rdance wrth the FRDancial Reportitig Standard for S1¢T Entiti¢s (effective April 2008). Tho financial stat¢ments wtxe approved autborised for issue ty the b(wd and were Sign on Ats behalf on Trustee
CollDeet Founda¢K)• for Menlal Health ststeweDt of Cash FTr)TY for the Year Ended 31 March 2023 31.0323 31.03.22 Total ruDds Total funds NET CASH PROVIDED BY IUSED BY) OPERTING AcfiviTIES 495 Cash atld ¢Ash equival¢nts at the Beginnin8 of th¢ reportin8 period Cajh thnd ¢•sh equiv41ent #t the End of the reportin8 period 155,592 125,097 Reconclllatlon of net esh Ilow Ine(MneJ(expth)dS¢ure) to n¢t from optrnting actlvlties Net iTreom¢ for tbt r¢portlD8 perk)d (•$ per the sltemeDt of finantl41 aetlvltlts) 29 1 45839 Adjustment for Decreasel[increase) in debtors {Decrease)/lncrease In creditors Addition io Fixed Assets (83) 4J67 210 (25) Net eA$b provlded by operntlng a¢tlvitleA Anolyslj of eash •Trd caih eqylvalefjts Cash at bank and in hand 15$592 125.097 Total and equlvAlents 15
Conllett FoMndatioR for Melltsl Hulth Notes lo the fiDnell Statements for the Year Eoded 31 March 20LI ACCOtINTING POLICIES 1.1 Basis of pr¢paratloll offancIal slatemettts The statements have been prepared In accordatt¢e with AontIng and Rcwtsng by Charitie5 sthrnent of Recommended Practice applicable to c1)aTiti prepry their accounts in xcordao¢¢ with Firwhcial R¢poning Standard appli¢able in the UK and Republic Ireland (FRS 102) issued on 16 Juty 2014 aDd witb the Financial R¢portAng S)dard applicabl¢ in the UK and Republi¢ of Ireland IFRS 102) andthe C<rfnpanies A¢t 2006 and the Charities Act 2011. The charity is th¢ parent undertakin8 of a small grP ond such is not required to pyepare group aceounts. The rinancial sthtemenls therefore present infonnation aLw)ut the ¢haTity &q an individual undo4tskin8 and not alm) its group. 1.2 Chall8eJ to aeeouTrtlDg e8tlmates No changes to accounting estimates have O¢¢UTred in the rew¢ing ptticd. 1.3 Materlal prlor yen errors No material prioryear em)rs have beffl iduitified in the reNlD& Pffi 1.4 Ineome reeognltlon Iterns of income are recognised and included ID the Stat¢meni of Financial Activities ISOFA) wh¢n all th¢ following ¢riteria are meL the Charity has entitlement to the fiumls and r¢sourcu: any p¢rfonnance conditiLYLS attsched to the item of iticome bas been met or fully within the cijntrol of the chartty; there is sufficient Certainty that rx¢ipt of th¢ wKome is tAxIdered wobabk; the amount can be mwurtd reliably There has Ixen no offsetting of usets and liabilitie4 (r income and ¢XF¢ndittry unk&8 required or pern)itt¢d by FRS 102 SORP or FRS 102. Grants and donations are onty Ildea in the SOFA when the general incthne recognition criteri4 are ma. In the case of OrnI9D¢e relAted gran inc(Ane is only TKognised to the extent that th¢ charity has provided the speeific 8oods or s¢rvices in rd¢¢ with th¢ perfonnance r¢lthd conditi(. 1.5 Charitsbk txpendlture and libllitks Charitable expenditw in¢ludes all exdIed1re£tty r¢lated to the objects of the charity. This includes support costs. which are the staffthg and a&8OCiated COSL8 of supp)rtin& monitoringand evolulg the work of the charity. Wher¢ costs caTth be d• attributed th pHrti¢ular beadiw they bave been all(Kated to activities on a basis consistent with the use of resourctt. l.S.l Liblllty rteogTrl¢to Liabilities are recognisedwhere it 1$ more lfftejy thaD notthatthere is IcgalorcoD5tructive obligation ¢ommatting the tharity to pay out resources at)d the amouot of the obli84tion can be measured with re&8onthle certainty. 1.5.2 Governttee 5pport ¢o¥ts Support Costs have been atlocated between 8ov¢rnance costs and other SUPPOTL Governanc¢ )St& tomprisc all costs involving public accountability of the charity and IL8 ¢pIlate with regulation aThl good practice. SUp[rt cosi$ include central fimdions and have ircn alkated to xtivity cost categ¢3 on a basis consistent with the use of resou.
Connett Foudation for MeDtal Htalth Not<4 to th¢ Mnan¢i•l Statements- eomtinued ror the Ye•r Ended 31 Mareh 2023 i.SJ Deferred income Deferred in¢ome h&s been included in th¢ accLMmts in XC0rda with the whi¢b it Telates to. 1.5.4 Creditors The charity has credit(Ks which are Melrd at SeeMentIOUDts any trade dtscounts. 1.5.5 Prov0$ for liabilltles A liabilty is Measur on recognition its hi5tOTicai cost and t1 subwuffldy ed at the best estitnat¢ of the amount rffjuiTed to settle the obligatiimh * the rewtiDg dat 1.5.6 Basic IlnaDcial instrnments The charity accounts for finanCI instruments on initial recognition &% w palwapb 10.7 FRS 102 SORP, subsequeni e&sureMent is per pardgTaphs 11.7 to l 1.9 FRS 102 SORP. 1.6 Assets 1.6.1 Inyeslments Fixed assets investments are stated at cost less impainncnL 1.6.2 Debtors c&sh or other consideTation expected to be receive 1.6.3 Cash equlvlents Casb and equivalents are r¢ple by cash Iw)d attd d¢SIts with financial InstitiOnS repayable without • OD notice of not more than 24 1.6.4 T]lbIe fixed assets Depreciation is provided at the followiog atllkual rates ordff to wrik off asset over its estimated - 1(ry6 cost 1.7 FUd$ Fun¢l% held by the charity gre either. Unr¢stricted g¢n¢ral fimd5 - thes¢ fijnth which be uwj in ac¢ordan¢e with the clwilable objects at th¢ discretion of the Ttustees. Restri¢ted fuDd8-these are fimdsth ¢an bell*lforparticularrestricted within the charity. RestrictiMs arise when slfied by th¢ donor or when are raised for a particular restrtcted
Conllet¢ for Mettt*l Heahh Notrs to the FIancI StatemeDts- coDtltt#ed for Ib¢ Year Ended 31 Mareh 2011 l AcfiTriTIES FOR GENERATING FUNDS 31J23 31.322 Shop income 213055 179,605 INVFSTMENT INCOME 31J23 31.322 Rellts received Deposit account int¢r¢s¢ 454 454 4. GRANfs PAYABLE The totsl srdnts paÉd to iJ}tirt1[AI dillg the yearw¥ as follows.. M¢tal Health SupFX)rt 31J.23 31.3.22 Friends of Cathja 70.iXN) 40.000 S. TRUSTEES? REMUNERATION AND BENEFITS year ended 31 March 2022. 6. STAFF COSTS 31J23 31.3.22 Wages and sal8ri<8 Pension contribution 11,574 192
Coanett Fo#Ddliom tor Mentsl Health Notrs to th¢ Firthweil St*lemeBts- eoiitin•J¢d for the Year Ended 31 Mar¢h 2023 7. TANCIBLE FIXED ASSETS Comptrter eqMipmeDt Motor V¢hicle Totsls COST At l April 2022 Additions Ai 31 March 2023 127 20998 14&960 3250 127 DEPRECIATtON At l April 2022 Charge for the year At 31 Marth 2023 127.962 148,900 14&960 NET BOOK VALUE At 31 Matyh 2023 At 31 Mar¢h 2022 8. DEBTORS 31J23 31.322 (Jher debtoA¥ 7.IrT8 9. CREDITORS: AMOUNTS FALLING DUE WITlllN ONE YEAR 31J23 31.3.22 Trade credffttiKs Other ¢reditors 4,859 10. SUPPORT COSTS 31J23 31.322 Stsff Costs Gov¢rnance Costs Cmher Costs 1,81)0 210 280 3570
Connert FoMThJtioB for Mental H¢41th Not£4 to the Finncial StstemMts- CODtlnHed for th¢ Year Ended 31 Mareb 2023 11. MOVEMENTS IN FUNDS Movement At 1.4.22 fu At 31.3.23 Unre5trtrted funds Geller funds 126243 29361 15$ TOTAL FUNDS 126J43 29301 155J04 movement in fimds, Illclud in the above are follows.. lueDming Outgoing Movememt in thDds UMrestrAettyJ fuTrds GeneTal fijnds 214J09 18S048 29J61 TOTAL FUNDS 21£3119 185,1M8 29301
Comn¢et Fow&dtio• for MeDtsI H1th Tktsiled statrment orrClaI Stalthe•ts for the Yr Emded 31 MArcb 2023 31J23 C0c RESOURCES Activities for generating funds Shop income Other lllcome fjrant Income Depisit a¢¢(MJDt interest 31.3.22 213JS5 179.065 23.210 214J09 Otber iDeoming resowrces Sunthy income 202,283 Tot81 iTreoming r¢sources 214J09 202283 RESOiSRCES EXPEI¥DED Charltsble g¢tivltie W88es and salaries Pension CODtributiorLq RenL rates and wat¢r Insurance 11,574 192 35,415 S020 2,109 2,557 16,48S 6.355 35.wi Light and heat Telephone General Expenses Volunteer expenses S,OS7 GrdDts to IE]stitiomS 70.OIM PmfessioDal f B(KTrkkeeping fre3 Accountancy ProfS1Oal fees 1250 21529 1.150 19,728 Gov¢rnanee Cost Other r¢soure¢s exp¢nded Repairs to Barge S513 IQ093 TOTAL RESOURCFS EXPENDED 18S048 156,444 NET DEFicrrisuRPLS 29261 4S839 This page does not fm part of th¢ staottY fmancl Stsments