**COMPANY REGISTRATION NUMBER NI005568** 

# **CHARITY REGISTRATION NUMBER NIC100753** 

## **ACTION MENTAL HEALTH** 

**(CHARITABLE COMPANY - LIMITED BY GUARANTEE) ANNUAL REPORT AND FINANCIAL STATEMENTS** 

**FOR THE YEAR ENDED** 

**31 MARCH 2025** 



## **ACTION MENTAL HEALTH (LIMITED BY GUARANTEE)** 

## **CONTENTS For the Year Ended 31 March 2025** 

|**CONTENTS**<br>**For the Year Ended 31 March 2025**||
|---|---|
||**Pages**|
|General Information|1|
|Report of the Directors|2 – 10|
|Auditor’s Report|11 – 15|
|Statement of Financial Activities|16 – 17|
|Summary Income and Expenditure Account|18|
|Balance Sheet|19|
|Statement of Cash Flows|20|
|Notes to the Statement of Cash Flows|21|
|Notes to the Financial Statements|22 – 38|





## **ACTION MENTAL HEALTH (LIMITED BY GUARANTEE)** 

## **GENERAL INFORMATION** 

## **DIRECTORS – MAIN BOARD** 

Mr D P McAuley - Chairman Mr W A McKeown - Vice Chairman Ms A Craigan - Treasurer Mrs S Cooke Mr P Corr Ms L Fleck Mrs R Kelly Mr H W R Kohner Prof G Lynch Mr J McAdams Mr D M McKeown Mr K McParland Mr J O’Brien Mr R Pannell Mr SW Robinson (resigned 5 July 2024) 

## **INDEPENDENT BOARD MEMBERS** 

Mr D Brannigan Mr B McDonald Ms G Mornhinweg Mr D Morrissey 

## **SECRETARY** 

Ms I Gallen 

## **CHIEF EXECUTIVE OFFICER** 

Mr D Babington 

## **REGISTERED OFFICE** 

AMH Central Office 27 Jubilee Road NEWTOWNARDS BT23 4YH 

**COMPANY REGISTRATION NUMBER** NI005568 

**CHARITY REGISTRATION NUMBER** NIC100753 

## **AUDITOR** 

GMcG BELFAST Chartered Accountants & Statutory Auditor Alfred House 19 Alfred Street BELFAST BT2 8EQ 

## **INVESTMENT BROKERS** 

CCLA One Angel Lane LONDON  EC4R 3AB 

## **BANKERS** 

Danske Bank Business Banking Centre, PO Box 183 Donegall Square West, BELFAST BT1 6JS 

## **SOLICITORS** 

Tughans The Ewart 3 Bedford Square BELFAST BT2 7EP 

Edwards & Co 28 Hill Street BELFAST BT1 2LA 

1 



**ACTION MENTAL HEALTH (LIMITED BY GUARANTEE)** 

## **REPORT OF THE DIRECTORS** 

The Directors present their report and the financial statements for the year ended 31 March 2025. The Directors have adopted the provisions of 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) in preparing these accounts. 

## **CONSTITUTION** 

Action Mental Health (AMH) is a charitable company limited by guarantee, registered under NI005568, governed by the Articles of Association. The company is recognised as a charity and is registered under NIC100753 and is recognised as a charity by HM Revenue & Customs under reference number XN 47959. 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT** 

The board is comprised of up to 15 Directors as set out in the charity’s Articles of Association. Directors may serve for a maximum of three terms of 4 years, save for Serving Directors who, having served 15 years, must be re-appointed on an annual basis. The Governance Manual guides the work of the Board, which includes an induction programme for Directors, Terms of Reference for Committees and roles and responsibilities of office bearers. Directors are recruited to the Board through an open recruitment and selection process, and four Directors may be co-opted annually. 

Decisions on strategy, policy and material capital expenditure are taken by the full Board and it ensures the Strategic Plan guides the Executive, usually over a 3 year time span. Day to day decision making is under the supervision of the Chief Executive Officer, Mr D Babington, with regular reporting to the Board. There are 4 committees, the Finance, Audit and Risk, Nominations and Remuneration and Service Delivery and Development Committees. The Chief Executive Officer manages the Senior Management Team and together they ensure targets in the annual Operational Plan are achieved. 

In line with corporate good practice there is an Audit and Risk Committee with 2 independent and 3 Board members and it meets at least 3 times a year; the Chief Executive Officer and Director of Business Support also attend, with the external auditors present when appropriate. An annual Directors’ Conference is usually held in October to enable the Board and all managers to assess progress and consider the future. Due to unique challenges and pressures the Board instead held a Directors’ Workshop in October, preceded by a similar one the previous February, and these provided the basis for discussion on priorities for the new 2025-2028 Strategy. 

The Board met on 6 occasions, the Finance Committee 7 times, Audit and Risk Committee and Nominations and Remunerations Committees 4 times and the Service Delivery and Development Committee met 3 times. The Board and Committee meetings were conducted in a variety of ways, in person, hybrid or remotely and this has continued to facilitate attendance and engagement. In order to continue supporting Committees with delivering the estates review and wider digital transformation the Board retained the Property and Digital Transformation Sub-Committees to work closely with the Senior Management Team on plans for the future. 

2 



**ACTION MENTAL HEALTH (LIMITED BY GUARANTEE)** 

## **REPORT OF THE DIRECTORS (Continued)** 

## **STRUCTURE, GOVERNANCE AND MANAGEMENT (Continued)** 

The Nominations and Remuneration Committee consider pay levels for all staff and possible Cost of Living increases on an annual basis and seeks approval from the full Board for any increases. The Committee has commissioned various independent reviews of all staff salaries, benchmarking them against other locally based charities, sectors and National Joint Council (NJC) scales and the recommendations are taken into consideration by the Board each year. The Pay Policy Statement sets out the Board’s approach to salaries and is on the website. In respect of the Chief Executive Officer and Senior Management Team the Committee has commissioned further independent advice which includes benchmarking against comparable roles in the sector. In the interests of transparency the annual accounts are available on the website 

In order to provide lasting impact there is involvement in a number of partnerships with other charities in NI such as the Supported Employment Solutions (SES) consortium, co-led with the Cedar Foundation and delivering the Workable employment programme commissioned by the Department for Communities. Action Mental Health also leads the SkillSET partnership in delivering a UKSPF programme with 6 partners, which ends on 31 March 2026 and the EU funded Our Generation Peace Plus partnership of 9 partners which runs until 2027. There is also close involvement in delivering the DoH Mental Health Strategy with representation on the Mental Health Strategic Reform Board, various Workings Groups and one of the Mental Health Area Collaboratives. There is also close working with the Mental Health Collective, Mental Health Policy Group and NI Mental Health Policy Alliance and providing the secretariat for the All Party Group on Suicide at the Assembly. 

## **DIRECTORS** 

The Directors of AMH are its trustees for the purposes of charity law. The Directors who served the charity during the year are as noted on Page 1. 

Mrs A Craigan, Ms S Cooke, Ms L Fleck, Ms R Kelly, and Messrs. HWR Kohner, DP McAuley, WA McKeown, DM McKeown, J McAdams and Prof G Lynch, P Corr, K McParland, R Pannell, SW Robinson and J O’Brien all served. 

A register of Directors’ interests is maintained, with regular review and update, in order for the Board to be aware of any potential conflicts of interest; the issue of potential conflicts is a standing agenda item at the start of all Board and Committee meetings. None of the Directors had any material interest in contracts with the charity during the year. 

3 



**ACTION MENTAL HEALTH (LIMITED BY GUARANTEE)** 

## **REPORT OF THE DIRECTORS (Continued)** 

## **DIRECTORS (continued)** 

Directors’ attendance at Board Meetings over the period up to 31[st] March 2025 is set out below; there were 6 meetings during the year. 

|s’ attendance at Board Meetings over the period<br>re 6 meetings during the year.|up to 31stMarch 2|
|---|---|
|Directors|Attendance|
|Cooke, Susan|3|
|Corr, Paul|6|
|Craigan, Angela|6|
|Fleck, Leeanne|3|
|Kelly, Roisin|4|
|Kohner, Billy|4|
|Lynch, Gerry|3|
|McAdams, Jonathan|5|
|McAuley, Damian|6|
|McKeown, Billy|4|
|McKeown, Diarmuid|5|
|McParland, Kevin|4|
|O’Brien, Jonny|5|
|Pannell, Roger|4|
|Robinson, Stephen (resigned 5 July 2024)|0|



## **RISK STRATEGY** 

A risk register is maintained in relation to all material risks posing a threat. The register is reviewed regularly by the Audit and Risk Committee and at all Board meetings to ensure systems and procedures are in place to mitigate identified risks and to minimise any potential impact on the charity. 

In managing the reserves, the Board is guided by the Investment Policy and its objective is to generate a return in excess of inflation over the long term whilst generating an income which is available to support existing services and new projects. The Reserves Policy is to hold a minimum of 6 months of planned expenditure to ensure continued financial security and to provide for contingencies. Diversification of the investments is the responsibility of CCLA, an external investment provider, and at times includes the use of a cash deposit account. CCLA is required to meet with the Finance Committee once a year to discuss performance, risk and adherence to the Investment Policy’s ethical criteria. 

## **PRINCIPAL RISKS AND UNCERTAINTIES** 

The Board continues to be frustrated by the regional context within which it operates. Whilst the Programme for Government was approved in February 2025 it failed to prioritise mental health and the Mental Health Strategy will soon reach the halfway point in its 10 year plan but with less than 20% of the required funding. This backdrop has contributed to the key risks and uncertainties currently affecting AMH, which are set out below: 

## • **Resources** 

Unsurprisingly, the risk presented by regional financial pressures was the highest ongoing concern for the Board. Funding for the Mental Health Strategy again fell well short of agreed plans and this is against a backdrop of rising demand for mental health support due to the legacy of Covid, high economic inactivity rates and the Cost of Living crisis. 

4 



**ACTION MENTAL HEALTH (LIMITED BY GUARANTEE)** 

## **REPORT OF THE DIRECTORS (Continued)** 

## **PRINCIPAL RISKS AND UNCERTAINTIES (Continued)** 

## • **Resources (continued)** 

Evidence of this need had been experienced in AMH services which have received direct calls for assistance from desperate clients, or people walking in, something which rarely happened several years ago. 

As with the previous year, UKSPF funding failed to offset the loss of EU funding for the Recovery and Employability services and the reduced impact meant fewer clients being supported and fewer staff dealing with increasing client need. In terms of other funding, securing some of the HOPE post primary counselling contract was a positive development, and also EU Peace Plus funding, to build peace through improved mental health & emotional wellbeing for young people. 

The board continued to deliver plans to increase financial sustainability and this led to the sale of 2 owned sites in L/Derry and Downpatrick with a 3[rd] sale in Antrim agreed but not yet sold. Alongside steps to re-shape existing delivery the use of new technology was explored to generate income and fundraise more effectively. 

## • **Delivery and Staffing** 

Recruitment and retention was a persistent challenge throughout the year which affected the whole sector and as a result the Board was concerned about the ability to deliver agreed outcomes. Overall the high staff turnover rate inevitably caused pressures for the Business Support teams and proved to be a major distraction for them. Helpfully the new HOPE counselling contract included the TUPE of staff so experienced counsellors were readily available and the new Peace Plus Our Generation team was swiftly recruited. But the overall demanding staffing situation is likely to continue so the Board has been carefully assessing salary levels and a Staff Survey is planned and all relevant HR policies are being reviewed to ensure the organisation is responsive to staff needs. 

The Board recognises these key risks and uncertainties and operates so as to minimise the threat posed to the charity by adhering to the highest procedures and standards and working closely with independent experts as required to mitigate the risks. 

## **OBJECTIVES AND ACTIVITIES** 

AMH’s vision is for _a society which actively values and supports people on their journey to positive mental health_ and the mission is _to make a positive difference to people’s mental health and wellbeing._ The mission is delivered by living and working to our values of _Passion, Empowerment, Excellence and Respect._ 

As a voluntary organisation Action Mental Health continues to support people’s mental health and well-being across the region through vocational training, supported employment options, personal development, counselling, health and well-being programmes and resilience building. The Directors have given due regard to the Charity Commission for Northern Ireland's guidance on public benefit in respect of its objectives and activities.  The Objects and activities undertaken in relation to them are below: 

- _To provide assistance for persons affected by mental ill health, learning disability, substance abuse and/or other disabilities including without limitation vocational rehabilitation and training, personal development and guidance and other support services with a view to maintaining and improving the wellbeing of such persons to assist their return to fitness for purposeful activity._ 

5 



**ACTION MENTAL HEALTH (LIMITED BY GUARANTEE)** 

## **REPORT OF THE DIRECTORS (Continued)** 

## **OBJECTIVES AND ACTIVITIES (Continued)** 

Programmes to support people recovering from mental ill-health have been delivered through UKSPF and the 5 Health Trusts’ funding by 8 Recovery and Employability services; referrals continue to come from a variety of sources such as Health Trusts, Jobs and Benefits Offices, Education/Training providers and self-referrals. Clients are provided with person-centred well-being programmes to support soft skills development which support clients to move on to employment and/or more independent lives. There are also 3 services which cater specifically for younger people and they are delivered along similar lines to the existing services. 

The Counselling service provides interventions for children, young people, adults and families depending on need and apart from counselling may include psychotherapy, music, art and play therapies. Support is provided for a range of issues such as stress, anxiety, depression, relationship difficulties, drug/alcohol misuse, self-harming and suicidal ideation. This year saw delivery starting in post primary schools for the HOPE contract, which included support in 59 schools, special schools and EOTAS settings. Interpreters are also provided for clients for whom English is not their first language. 

- _To assist such persons whether or not they have completed training programmes on the Company’s premises to secure employment in jobs appropriate to their capabilities and to provide, if required, follow-up guidance and support._ 

As well as the focus on employment through the Recovery and Employability services the Workable employment programme was delivered and funded by the Department for Communities for people with mental health issues, which aims to secure and sustain employment for clients. The programme was delivered with 6 other charity partners as part of the SES partnership. Action Mental Health is still also the only provider of the Individual Placement Support service based in the Belfast Health Trust area, which focuses on placing people with mental health issues in the workplace first and training them thereafter. 

- _To carry on for the benefit of such persons activities in which the skills of such persons can be developed, which activities shall be carried on wholly or largely by means of the efforts of such persons._ 

In line with the Mental Health Strategy’s Theme One priorities, a growing focus has been to build personal resilience within communities including young people in primary/secondary education, further education and higher education. The Schools and Community Wellbeing Team continued to deliver programmes including the Protect Life service which delivers suicide/self harm prevention services. 

The 3 Men’s Sheds in Antrim, Downpatrick and Enniskillen continued to support men over 50 years of age to learn new skills, socialise and connect. The long-term conditions project is delivered by the Pain and Condition Management team in the Western Trust and continued to provide people with the tools to self-manage their conditions. After new investment and IT systems the revised Workplace Wellbeing service was re-launched in January 2025 to continue to provide employers with wellbeing and resilience building support. Specialist projects to support clients to develop their own skills continued, such as the Vision project (Autistic Spectrum Disorder) and the Eating Disorders Support Team, both in the Southern Health Trust. 

6 



## **ACTION MENTAL HEALTH (LIMITED BY GUARANTEE)** 

## **REPORT OF THE DIRECTORS (Continued)** 

## **OBJECTIVES AND ACTIVITIES (Continued)** 

- _To provide outreach services in support of people recovering from mental ill health and/or other disabilities._ 

AMH operates from 13 sites and many programmes and services are also delivered in the community, in local facilities such as partner organisations’ offices, theatres/cinemas, health centres, sports clubs or schools. 

- _To provide mental health and wellbeing support to military veterans, victims and survivors, prisoners/people in the criminal justice system and minority groups e.g. Ethnic Minorities, Travellers, LGBT, Asylum seekers/refugees and other minority groups._ 

A diverse range of services are delivered focussed on identified needs within communities and particular groups are identified through regular engagement. Action Mental Health policy ensures all clients, whatever their background, are treated fairly and without any discrimination and as a result there is always a diverse range of clients being supported irrespective of sex, gender reassignment, marital / civil partnership status, pregnancy or maternity, religious or similar philosophical belief, political opinion, disability, racial group, sexual orientation or age. 

- _To promote awareness of the issues of mental health and other related issues to the public at large._ 

A media campaign called ‘I Am Someone’ enabled clients to highlight the issue of mental health and to call for more resources across the sector, in particular using every opportunity to highlight the deficit in funding for the Mental Health Strategy. Other opportunities and fundraising events were used to speak out in the media and numerous client events used to raise awareness. 

Throughout the year, the Client Forum committed to co-production by discussing and promoting client issues and corporate partners continued to raise publicity around mental health issues. Staff remain part of the Mental Health Policy Group, Mental Health Collective and NI Mental Health Policy Alliance, which are working to promote the work of the sector and to tackle underlying issues in it. 

More information on Action Mental Health’s work and achievements during 2024/25 is in the Annual Review, which is available from the Company’s Registered Office and on its website. 

## **ACHIEVEMENTS AND PERFORMANCE** 

This was the third and final year of the Board’s Strategic Plan 2022-2025 and the scorecard reflects the fact that most objectives were achieved regardless of the demanding funding backdrop. UKSPF and Health Trusts’ funding made a positive difference to client outcomes and met the targets set and new Peace Plus and HOPE funding was secured. Recruitment and retention was an ongoing issue and capacity stretched but large numbers of people needing support were still reached with a variety of services. 

7 



**ACTION MENTAL HEALTH (LIMITED BY GUARANTEE)** 

## **REPORT OF THE DIRECTORS (Continued)** 

## **ACHIEVEMENTS AND PERFORMANCE (Continued)** 

During the year 1,554 clients with mental health needs attended services remotely or in person provided by the Recovery and Employability teams and Workable. The Recovery and Employability teams provided programmes to 1,446 clients who achieved 1,226 accredited training outcomes and 266 progressed to paid employment, voluntary work, further education/training or other government programmes. 

Regarding resilience building programmes delivered by the Schools and Community team and Workplace wellbeing, there were 19,062 direct beneficiaries. The Pain and Condition Management team in the Western Trust area ran 22 programmes throughout the year with 179 people participating in the self-management programme; also 124 older men attended the 3 Men’s Sheds and 108 clients were supported through the Workable contract. 

Regarding the Counselling service, there were 23,257 counselling/group work sessions provided to 4,189 individuals and families as follows: 

Adult – 11,013 sessions to 2,262 clients Children & Young People – 12,211 sessions to 1,918 clients Families – 33 sessions to 9 families 

There was a total of 44 leavers during the period made up of voluntary reasons (40) and involuntary (4), and turnover during the period was 21% with 13 staff leaving within the first 6 months of joining. The number of staff employed as at 31 March 2025 was 203. 

Investors in People (IiP) ‘We invest in people’ PLATINUM accreditation was in place and reaccreditation will be taking place in November 2025. 

## **FINANCIAL REVIEW** 

Once again this has been a difficult financial year for many organisations cross the V&C sector with ongoing Cost of Living pressures, uncertainty about the future of UKSPF funding and then National Insurance rises from April 2025 which will increase the cost of employing staff. Impressive outcomes were achieved although the end of the 2 years of UKSPF funding was once again cast into uncertainty with a late bidding process for only 1 subsequent year in 20252026, which was secured. In addition, a bid was submitted for the HOPE post primary counselling contract and funding was secured for 3 years with a possible 2 year extension as well as the 4 years of Peace Plus funding. Against this uncertain backdrop and through careful monitoring and control by the Board and senior management, Action Mental Health completed the year in a relatively stable position but still seeking long-term financial sustainability. 

The UKSPF programme and the 5 Health Trusts supported the Recovery and Employability services whilst a mix of Peace Plus, Education Authority, Public Health Agency, Victims and Survivors’ Service funding and various grants supported all the other counselling and wellbeing and resilience building programmes. Unrestricted income continued through corporate partnerships and there is an expectation that it will return to increased pre-pandemic levels soon. 

8 



**ACTION MENTAL HEALTH (LIMITED BY GUARANTEE)** 

## **REPORT OF THE DIRECTORS (Continued)** 

## **RESULTS** 

Unrealised losses on investments were £60,655 (2024 - unrealised gains amounted to £230,070). 

The overall net movement on funds for the year was a surplus of £1,124,944 (2024 – deficit £333,006). The surplus for the year includes a gain of £1,127,907 arising from the disposal of two properties during the period. 

The charity spends all restricted monies that it receives and makes good any deficit on restricted funds from its general unrestricted reserves. 

The closing balance on unrestricted reserves at 31 March 2025 was £7,071,250 (2024 - £5,946,306).  No restricted reserves were held. 

## **RESERVES POLICY** 

Due to the uncertain nature of AMH’s funding, it is the Board’s policy to maintain a designated risk reserve equal to six months’ budgeted expenditure (see note 26).  The level of free reserves at the year-end (excluding designated reserves) was £1,597,036 (2024 - £1,085,235). 

## **INVESTMENT POLICY AND PERFORMANCE** 

The Finance Committee, a Board sub-committee, oversees, monitors and advises the Board on investment decisions and they are guided by the Investment Policy. 

In managing the Reserves and hence its investments, the Board’s objective is to generate a return in excess of inflation over the long term whilst generating an income and capital growth which could be available to support existing group services and new projects whilst a diversified spread of investments is maintained. 

Reports on performance are provided to the Board at each meeting and Directors understand they are ultimately responsible for the overall management of the investments. 

The Finance Committee are content that overall investment performance was acceptable and in line with investment objectives. Performance is assessed by benchmarking against accepted industry comparators and by using two separate investment advisors. 

## **FUTURE PLANS** 

Due to funding constraints and uncertainty surrounding future funding sources, a review of service delivery has been conducted.  As a result of this review the Directors have put plans in place that are included in the new strategy for 2025-2028.  The Directors acknowledge the uncertainty and challenges of recent years but remain committed to the fundamental objective of supporting people’s mental health and well-being across the region. 

9 



ACTION MENTAL HEALTH
LIMITED BY GUARANTEE
REPORT OF THE DIRECTORS
Continued
DIRECTORS, RESPONSIBILITIES STATEMENT
The Directors (who are also trustees of Action Mental Health for the purposes of Charity Law),
are responsible for preparing the Report of the Directors and the financial statements in
accordance with applicable law and United Kingdom Accounting Standards (United Kingdom
Generally Accepted Accounting Practice).
Company law requires the Directors to prepare financial statements for each financial year
which give a true and fair view of the state of affairs of the charitable company and of the
incoming resources and application of resources, including the income and expenditure, of the
Gharitable Company for that period. In preparing these financial statements, the Directors are
required to=
select suitable accounting policies and then apply them consistently,
observe the methods and principles in the Charities SORP"
rnake judgments and estimates that are reasonable and prudent" and
prepare the financial statements on the going concern basis unless it is inappropriate to
presume that the charitable company will continue in business.
STATEMENT OF DISCLOSURE OF INFORMATION TO AUDITOR
In so far as the Directors, who held office at the date of approval of the financial statements,
are aware:
there is no relevant audit infomiation of which the charitable company's auditor is
unaware; and
the Directors have taken all steps thatthey oughtto have taken to make themselves aware
of any relevant audit information and to establish that the auditor is aware of that
information.
In approving the Report of the Directors the Directors also approve the Strategic Report.
Registered office"
AMH Central Office
27 Jubilee Road
NEvwfowNARDS
BT23 4YH
On behalf of the Board of Directors
Mr D P McAuley
Director and Chairman
lo trcL4
MrsA
igan
Director and Honorary Treasurer
Date..
Registered in Northern Ireland
No. N1005568
Charity Registration No". NIC100753
10

CHARTERED ACCOUNTANTS
ACTION MENTAL HEALTH
(LIMITED BY GUARANTEE
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF ACTION MENTAL HEALTH
OPINION
We have audited the financial accounts of Action Mental Health {the 'charitable company,) for the year
ended 31 March 2025 which comprise the statement of financial activtties, summary income and
expenditure account, balance sheet. statement of cash flows and the related notes, including a summary
of significant accounting policies. The financial reporting framework that has been applied in their
preparation is applicable law and United Kingdom Accounting Standards, 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 2025,
and of the charitable company's incoming resources and application of resources, including its
income and expenditure, for the year then ended;
have been properly prepared in accordan￿ with United Kingdom Generally Accepted
Accounting Practice,. and
have been prepared in accordance with the requirements of the Companies Act 2006.
BASIS FOR OPINION
We conducted our audit in accordance with International Standards on Auditing {UK) {ISAs {UK}) and
applicable law. Our responsibilities under those standards are further described in the auditor's
responsibilities for the audit of the financial statements section of our report. We are independent of the
charitable company in accordance with the ethical requirements that are relevant to our audit of the
financial statements in the UK. including the FRC'S Ethical Standard. and 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 Directors. use of the going concern
basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have perfomied, we have not identified any material uncertainties relating to
events or conditions that, individualty or collectively, may cast signfficant doubt on the charity'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 responsibiltties of the directors with respect to going con￿rn are described
in the relevant sections of this report.
17 Mandeville Street
Alfred House
19 Alfred Street
BF.LFAsr Fr2 8EQ
DX3910 liR Belfast 50
Centur% House
40 Crescent Busine&8 Park
LISBLTRN
r28 2GN
CraigavoTh
BT62 3PB
Tel: +44 (0)28 3833 2801
Fax: +44 (0)28 3835 0293
Tel: +44 {0)28 9031 1113
Fax: +44 (0)28 9031 0777
Tel: +44 (0)28 9260 7355
F&w: +44 (0)28 9260 1656
Resi5teredtOtortd￿I auditw)rkbythe InstitiMeoftharteT¢dkno￿u￿ts￿I[dz￿y
www.gmcgea.com

ACTION MENTAL HEALTH
(LIMITED BY GUARANTEE
INDEPENDENT AUDITOR'S REPORT {coTr¥fiNUED)
TO THE MEMBERS OF ACTION MENTAL HEALTH
OTHER INFORMATION
The other infomation comprises the information included in the annual report, other than the financial
statements and our auditorfs report thereon. The directors are responsible for the other information.
Our opinion on the financial statements does not cover the other infomiation and we do not express any
form of assurance conclusion thereon.
In connection with our audit of the financial statements. our responsibilty is to read the other information
and, in doing so, consider whether the other information is materially inconsisterst with the financial
statements or our knowledge obtained in the audit or othe￿iSe appears to be materially misstated. If
we identify such material inconsistencies or apparent material misstatements, we are required to
determine whether there is a material misstatement in the financial statements or a material
misstatement of the other infomiation. If, based on the work we have performed, we conclude that there
is a material misstatement of this olher information. we are required to report that fact.
We have nothing to report in this regard.
OPINIONS ON OTHER MArrERS PRESCRIBED BY THE COMPANIES ACT 2006
In our opinion, based on the work undertaken in the course of our audit:
the information given in the Directors, Report, which includes the trustees, report prepared for
the purposes of charty law, for the financial yearfor which the financial statements are prepared
is consistent with the financial statements,. and
the strategic report and the report of the directors 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 directors, report.
We have nothing to report in respect of the following matters in relation to which the Companies Act
2006 require us to report to you rf, in our opinion:
adequate accounting records have not been kept, or retums 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 spectfied by law are not made-, or
we have not received all the information and explanations we require for our audit.
RESPONSIBILITIES OF DIRECTORS
As explained more fully in the directors. responsibilities statement on page 10, the directors 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 directors detemiine 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 directors a￿ responsible for assessing the charitable
company's ability to continue as a going concem, disclosing, as applicable. matters related to going
concern and using the going concem basis of accounting unless the directors either intend to liquidate
the charitable company or to cease operations, or have no realistic atternative but to do so.
12

ACTION MENTAL HEALTH
(LIMITED BY GUARANTEE
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF ACTION MENTAL HEALTH
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 wtth ISAS (UK) will a￿ayS detect a malerial misstatement when it exists.
Misstatements can arise from fraud or error and are considered material if. indtvidually or in the
aggregate. they could reasonably be expected to influence the economic decisions of users taken on
the basis of these financial accounts.
A further description of our responsibilities for the audit of the financial statements is located on the
Financial Reporting Council's websf(e at www.frc.org.uklauditorsresponsibilrties. This description forms
part of our auditorfs report.
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, is detailed below.
EXTENT TO WHICH THE AUDIT WAS CONSIDERED CAPABLE OF DETECTING
IRREGULARITIES, INCLUDING FRAUD
We identrfy and assess the risks of material misstatement of the financial statements, whether due to
fraud or error, and then design and perform audit procedures responsive to those risks. including
obtaining audit evidence that is sufficient and appropriate to provide a basis for our opinion.
In identfying and assessing potential risks of material misstatement in respect of irregularities,
including fraud and non-compliances with laws and regulations, we considered the following..
The nature of the charitable company's activities and control environment.,
Results of our enquiries of management aboul their own identification and assessment of the
risks of irregularities..
Any matters we identified having obtained and reviewed the charitable company's
documentation of their policies and procedures relating to..
Identifying, evaluating and complying with laws and regulations and whetherthey were
aware of any instance of non-compliance"
Detecting and responding to the risks of fraud and whether they have knowledge of
any actual, suspected or alleged fraud- and
The intemal controls established to mitigate risks of fraud or non-compliance with laws
and regulations;
The matters discussed among the audit engagement team regarding how and Whe￿ fraud
might occur in the financial statements and potential indicators of fraud.
As a result of these procedures, we considered the opportunrties and incentives that may exist within
the charitable company for fraud and identified the greatest potential for fraud in unauthorised use of
funds and revenue recognition such as fictitious or duplicate funding applications. In common with all
audits under ISAS (UK), we are also required to perfo￿ specific procedures to respond to the risk of
management override.
13

ACTION MENTAL HEALTH
(LIMITED BY GUARANTEE)
INDEPENDENT AUDITOR'S REPORT (cO￿riNUED)
TO THE MEMBERS OF ACTION MENTAL HEALTH
EXTENT TO WHICH THE AUDIT WAS CONSIDERED CAPABLE OF DETECTING
IRREGULARITIES, INCLUDING FRAUD (Continued}
We also obtained an understanding of the legal and regulatory frameworks that the charitable company
operates in, focusing on provisions of those laws and regulations that had a direct effect on the
dete￿ninatIOn of material amounts and disclosures in the financial statements. The key laws and
regulations we considered in this context included the Companies Act 2006, and local tax legislation.
In addition, we considered provisions of other laws and regulations that do not have a direct effect on
the financial stalements but compliance with which may be fundamental to the charitable company's
abilty to operate or to avoid a material penalty.
AUDIT RESPONSE TO RISKS IDENTIFIED
Our procedures to respond to the risks identified included the following=
Reviewing the financial statement disclosures and lesling to supporting documentation to
assess compliance with provisions of relevant laws and regulations described as having
a direct effect on the financial statemenls.,
Enquiring of management concerning actual and potential litigation and claims-
Performing analytical procedures to identify any unusual or unexpected relationships that
may indicate risks of material misstatement due to fraud..
Reviewing and testing the operation of controls-
Reading minutes of meetings of those charged with governance and reviewing
correspondence with authorities.. and
In addressing the risk of fraLrd through management override of controls, testing the
appropriateness of journal entries and other adjustment5,' assessing whether the
judgements made in making accounting estimates are indicative of a potential bias., and
evaluating the business rationale of any significant transactions that are unusual or
outside the normal ¢our5e of business.
We also communicated relevant identified laws and regulations and potential fraud risks to all
engagement team members and remained alert to any indications of fraud or non-compliance with
laws and regulations throughout the audit.
Owing to the inherent limitations of an audit, there 15 an unavoidable risk that we may not have
detected some material misstatements in the financial statements, even though we have properly
planned and performed our audit in accordance with auditing standards. In addition. as with any
audit, Ihere remains a higher risk of non-detection of irregularities, as they may involve collusion,
forgery, intentional omissions, misrepresentations. or the override of internal controls. We are not
responsible for preventing non-compliance and cannot be expected to detect non-compliance with
all laws and regulations.
14

ACTION MENTAL HEALTH
(LIMITED BY GUARANTEE)
INDEPENDENT AUDITOR'S REPORT (CONTINUED)
TO THE MEMBERS OF ACTION MENTAL HEALTH
USE OF OUR REPORT
This report is made solely to the charitable company's members, as a body, in accordancewith 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
responsibilty to anyone other than the charitable company and the charitable company's members as
a body, for our audit work, for thi5 report, or for the opinions we have formed.
Gillian Johnston ACA (Senior Statutory Auditor)
For and on behalf of GMCG BELFAST
Chartered Accountants
Statutory Auditor
Alfred House
19 Alfred Street
Belfast
BT2 8EQ
Date: 31 July 2025
15

## **ACTION MENTAL HEALTH (LIMITED BY GUARANTEE)** 

## **STATEMENT OF FINANCIAL ACTIVITIES For the Year Ended 31 March 2025** 

|**Restricted**<br>**Funds**<br>**Notes**<br>**£**<br>INCOME AND ENDOWMENTS<br>FROM:<br>**Charitable activities:**<br>Grants & contracted funding:<br>3<br>- Rehabilitation programmes<br>4,026,123<br>- Welfare and education<br>841,739<br>- Therapeutic services<br>1,648,386<br>Other employment income<br>4<br>210,902<br>Contribution from trading activities: 4<br>- Rehabilitation programmes<br>-<br>**Donations and legacies**<br>5<br>7,000<br>**Gain on disposal of assets**<br>6<br>-<br>**Other activities**<br>7<br>-<br>**Investments**<br>8<br> -<br>TOTAL INCOME AND ENDOWMENT<br>6,734,150<br>EXPENDITURE ON:<br>**Charitable Activities**<br>9<br>- Rehabilitation programmes<br>3,885,201<br>- Rehabilitation exceptional costs<br>-<br>- Employment services<br>245,934<br>- Welfare and education<br>1,098,583<br>- Therapeutic services<br>1,795,667<br>**Raising funds**<br>10<br>-<br>**Other**<br>12<br> -<br>TOTAL EXPENDITURE<br>(7,025,385) <br>NET (EXPENDITURE)/INCOME BEFORE<br>OTHER RECOGNISED GAINS<br>AND LOSSES<br>(291,235)<br>NET (LOSSES)/GAINS ON INVESTMENTS<br>Realised gain on investments<br>-<br>Unrealised (loss)/gain on investments<br> -<br>NET (EXPENDITURE)/INCOME<br>BEFORE TRANSFERS<br>(291,235)|**Unrestricted**<br>**Funds**<br>**£**<br>-<br>81,439<br>-<br>-<br>13,065<br>297,712<br>1,127,907<br>180,920<br>105,562<br>1,806,605<br>-<br>-<br>-<br>132,676<br>-<br>169,031<br>28,064<br>(329,771)<br>(<br>1,476,834<br>-<br>(60,655)<br>1,416,179|**Total Funds**<br>**2025**<br>**£**<br>4,026,123<br>923,178<br>1,648,386<br>210,902<br>13,065<br>304,712<br>1,127,907<br>180,920<br>105,562<br>8,540,755<br>3,885,201<br>-<br>245,934<br>1,231,259<br>1,795,667<br>169,031<br>28,064<br>7,355,156) <br>1,185,599<br>-<br>(60,655)<br>1,124,944<br>|**Total Funds**<br>**2024**<br>**£**<br>4,095,012<br>854,995<br>1,094,470<br>234,385<br>25,688<br>264,123<br>-<br>124,374<br>31,143<br>6,724,190<br>4,311,484<br>267,763<br>233,805<br>1,093,664<br>1,357,243<br>118,934<br>36,097<br>(7,418,990)<br>(694,800)<br>131,724<br>230,070<br>(333,006)|
|---|---|---|---|



The Statement of Financial Activities continues on page 17. 

16 



## **ACTION MENTAL HEALTH (LIMITED BY GUARANTEE)** 

## **STATEMENT OF FINANCIAL ACTIVITIES (Continued) For the Year Ended 31 March 2025** 

|**Restricted**<br>**Funds**<br>**Notes**<br>**£**<br>NET (EXPENDITURE)/INCOME<br>BEFORE TRANSFERS<br>(291,235)<br>TRANSFER BETWEEN FUNDS<br>16<br>291,235<br>NET MOVEMENTS IN FUNDS<br> -<br>**£**<br>RECONCILIATION OF FUNDS:<br>**Funds at 1 April 2024**<br> -<br>**Funds at 31 March 2025**<br> -|**Unrestricted**<br>**Funds**<br>**£**<br>1,416,179<br>(291,235)<br>1,124,944<br>**£**<br>5,946,306<br>7,071,250|**Total Funds**<br>**2025**<br>**£**<br>1,124,944<br> -<br>1,124,944<br>**£**<br>5,946,306<br>7,071,250|**Total Funds**<br>**2024**<br>**£**<br>(333,006)<br> -<br>(333,006)<br>**£**<br>6,279,312<br>5,946,306|
|---|---|---|---|



The Statement of Financial Activities includes all gains and losses in the year. All of the above amounts relate to continuing activities. 

The notes on pages 22 to 38 form part of these financial statements. 

17 



## **ACTION MENTAL HEALTH (LIMITED BY GUARANTEE)** 

## **SUMMARY INCOME AND EXPENDITURE ACCOUNT For the Year Ended 31 March 2025** 

|**Notes**<br>**2025**<br>**£**<br>**INCOME**<br>Charitable activities<br>6,821,654<br>Donations<br>304,712<br>Other activities<br>180,920<br>Investments<br>105,562<br>Gain on disposal of fixed assets<br>1,127,907<br>Realised gains on investments<br>-<br>Unrealised gain on investments<br> -<br>**Gross income**<br>8,540,755<br>**EXPENDITURE**<br>Charitable activities<br>7,158,061<br>Charitable activities – exceptional costs<br>-<br>Raising funds<br>169,031<br>Other expenditure<br>28,064<br>Unrealised losses on investments<br>60,655<br>**Total expenditure**<br>7,415,811<br>**NET INCOME /(EXPENDITURE) FOR THE YEAR**<br>1<br>1,124,944<br>Income and expenditure relates to continuing activities.<br>**NOTE TO THE SUMMARY INCOME AND EXPENDITURE ACCOUNT**<br>**For the Year Ended 31 March 2025**<br>**1.**<br>**ANALYSIS OF NET EXPENDITURE:**<br>**2025**<br>**£**<br>Net expenditure for the year excluding gains/losses<br>on investment portfolio held<br>1,185,599<br>Unrealised (loss)/gain on investment portfolio held<br>(60,655)<br>1,124,944|**2024**<br>**£**<br>6,250,460<br>264,123<br>178,464<br>31,143<br>-<br>131,724<br>230,070<br>7,085,984<br>6,991,768<br>267,763<br>118,861<br>40,598<br> -<br>7,418,990<br>(333,006)<br>**2024**<br>**£**<br>(563,076)<br>230,070<br>(333,006)|
|---|---|



18 



ACTION MENTAL HEALTH
(LIMITED BY GUARANTEE
BALANCE SHEET
At 31 March 2025
2025
2024
Notes
FIXED ASSETS
Tangible assets
Investment property
Investments
17
18
19
1,133,926
420,576
5 247 589
1.712,150
4 417 630
6 802 091
6 129 780
CURRENT ASSETS
Stocks
Debtors
Cash at bank and in hand
20
21
19.549
862,478
669 703
17,065
571,080
1,551,730
656,152
CREDITORS: Amounts falling due
within one year
22
1 282 571
839 626
NET CURRENT ASSETSI{LIABILITIES)
269 159
183 474)
NET ASSETS
46
71250 ￿3￿6
CAPITAL AND RESERVES
Unrestricted funds:
General fund
Revaluation reserve
Designated funds
26
25
26
2,341,002
810,536
3 919 712
1,085,235
871,191
3 989 880
7 071 250
The financial statements were approved and authorised for issue by the Board of Directors on
2&./.'../2L)IS. and were signed on its behalf by:
Mr D P McAuley
Director and Chairm
Mrs A Craigan
Director and Honorary Treasurer
Company Registration Number- N1005568
The notes on pages 22 to 38 form part of these financial statements.
19

## **ACTION MENTAL HEALTH (LIMITED BY GUARANTEE)** 

## **STATEMENT OF CASH FLOWS For the Year Ended 31 March 2025** 

|**Notes**<br>**2025**<br>**£**<br>**NET CASH FROM**<br>**OPERATING ACTIVITIES**<br>1<br>177,130<br> <br>Interest received<br>105,562<br>Dividends received<br>-<br>Purchase of tangible fixed assets<br>(37,703)<br>Purchase of fixed asset investments<br>(1,500,000)<br>Receipts from sale of tangible fixed assets<br>1,247,321<br>Receipts from sale of fixed asset investments<br>-<br>Decrease in cash held in investment portfolio<br>609,386<br>**NET CASH FROM INVESTING**<br>**ACTIVITIES**<br>424,566<br>**INCREASE IN CASH AND CASH**<br>**EQUIVALENTS**<br>601,696<br>**CASH AT 1 APRIL 2024**<br>68,007<br>**CASH AT 31 MARCH 2025**<br>669,703<br>**CASH CONSISTS OF:**<br>Cash at bank and on hand<br>669,703<br>**CASH EQUIVALENTS**<br>**INVESTMENTS HELD ON DEPOSIT AT 1 APRIL 2024**<br>Outflow from transfers on investment portfolios<br>**INVESTMENTS HELD ON DEPOSIT AT 31 MARCH 2025**|**2024**<br>**£**<br>52,211<br>23,100<br>8,042<br>-<br>(11,777)<br>-<br>2,817,360<br>2,426,875<br>409,850<br>462,061<br>(394,054)<br>68,007<br> 68,007<br>**£**<br>2,434,532<br>(609,386)<br>1,825,146|
|---|---|



20 



## **ACTION MENTAL HEALTH (LIMITED BY GUARANTEE)** 

## **NOTES TO THE STATEMENT OF CASH FLOWS For the Year Ended 31 March 2025** 

## **1. RECONCILIATION OF NET MOVEMENT IN FUNDS TO NET CASHFLOW FROM OPERATING ACTIVITIES** 

|**2025**<br>**£**<br>Net expenditure before other<br>recognised gains and losses<br>1,185,599<br>Interest received<br>(105,562)<br>Dividends received<br>-<br>Depreciation and amortisation<br>75,937<br>Increase in stocks<br>(2,484)<br>(Increase)/decrease in debtors<br>(291,398)<br>Increase/(decrease) in creditors<br>442,945<br>Net cash from operating activities<br>177,130|**2024**<br>**£**<br>(694,800)<br>(23,100)<br>(8,042)<br>122,710<br>(1,349)<br>772,314<br>(115,522)<br>52,211|
|---|---|



**2. ANALYSIS OF CHANGES IN NET (DEBT)/FUNDS** 

|Cash at bank<br>Investments on deposit<br>Net funds at 31 March 2025|**At 1 April**<br>**At 31 March**<br>**2024**<br>**Cashflows**<br>**2025**<br>**£**<br>**£**<br>**£**<br>68,007<br>601,696<br>669,703<br>2,434,532<br>(609,386) 1,825,146<br>2,502,539<br>(7,690)<br>2,494,849|
|---|---|



21 



**ACTION MENTAL HEALTH (LIMITED BY GUARANTEE)** 

## **NOTES TO THE FINANCIAL STATEMENTS For the Year Ended 31 March 2025** 

## **1. ACCOUNTING POLICIES** 

- (a) Action Mental Health (AMH) is a private company limited by guarantee and registered in Northern Ireland.  The registered office of AMH is at AMH Central Office, 27 Jubilee Road, Newtownards. 

The charity constitutes a public benefit entity as defined by FRS 102. 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), the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Companies Act 2006, Charity Law and UK Generally Accepted Practice. 

The financial statements are prepared under the historical cost convention, as modified by the inclusion of fixed asset investments at market value. The financial statements are prepared in sterling, which is the functional currency of the entity, and are recorded to the nearest £. 

- (b) Revenue grants are credited to incoming resources on the earlier of when they are received or when they are receivable, unless they relate to a specified future period, in which case they are deferred. 

- (c) Donations, contracted funding, income for services provided and other income are included in full in the Statement of Financial Activities when receivable. 

- (d) Income from other activities includes income earned from fundraising events and trading activities to raise funds for the charity. Income is received in exchange for supplying goods and services in order to raise funds and is recognised when entitlement has occurred. 

- (e) All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. Costs are categorised under the following headings: 

   - Costs of raising funds includes direct costs of fundraising and investment management fees; 

   - Expenditure on charitable activities includes direct costs of the rehabilitative services, the employment service and the welfare & education programme; and 

   - Other expenditure represents those items not falling into the categories above. 

Irrecoverable VAT is charged as an expense against the activity for which expenditure arose. 

22 



## **ACTION MENTAL HEALTH (LIMITED BY GUARANTEE)** 

## **NOTES TO THE FINANCIAL STATEMENTS (Continued) For the Year Ended 31 March 2025** 

## **1. ACCOUNTING POLICIES (Continued)** 

- (f) Support costs allocation 

Support costs are those costs incurred directly in support of expenditure on the objects of the charity and include project management carried out at the charity’s main premises.  Support costs are allocated on a basis consistent with the use of resources. 

Fundraising costs are those incurred in seeking voluntary contributions and do not include the costs of disseminating information in support of the charitable activities. 

- (g) Restricted funds are to be used for specified purposes by reference to the donor. Expenditure which meets the criteria is identified and allocated to the fund, either directly or by allocating a fair proportion of overheads and other costs. 

- (h) Unrestricted funds represent other incoming resources received or generated for charitable purposes, to be used at the charity’s discretion. Designated funds comprise unrestricted funds that have been set aside by the Directors for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements. 

- (i) The cost of tangible fixed assets is their purchase cost, together with any incidental costs of acquisition.  Depreciation is calculated to write off the cost of fixed assets less residual value, in equal annual instalments on the following bases:- 

|<br>bases:-||
|---|---|
|Land|None|
|Buildings|4% and 2%|
|Plant and machinery|20% and 16.66%|
|Fixtures, fittings, tools & other equipment|20% and 33.33%|



- (j) Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, or in the case of property transferred from land and buildings at its fair value at the date of transfer with any change in value being reported through other comprehensive income. Subsequently it is measured at fair value at each reporting date. Changes in fair value are recognised in the Statement of Financial Activities. 

- (k) Grants received against capital expenditure are included in full in the Statement of Financial Activities as restricted income. Once the capital expenditure has taken place and the conditions of the grant are fulfilled, they are transferred to a designated unrestricted fund which is then reduced over the useful economic life of the asset in line with depreciation. 

23 



**ACTION MENTAL HEALTH (LIMITED BY GUARANTEE)** 

## **NOTES TO THE FINANCIAL STATEMENTS (Continued) For the Year Ended 31 March 2025** 

## **1. ACCOUNTING POLICIES (Continued)** 

- (l) Stocks are stated at the lower of cost and net realisable value. Cost is determined on a first in first out basis.  Net realisable value is the price at which the stock can be realised in the normal course of business.  Provision is made for obsolescent, slow moving and defective stocks. 

- (m) Employee benefits 

When employees have rendered service to the charity, short-term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service. 

The charity operates a defined contribution pension scheme, the assets of which are held separately from those of the charity in an independently administered fund. The pension cost charge represents contributions payable to the scheme in the accounting period. 

- (n) Investments, excluding subsidiary undertakings, are stated on the balance sheet at fair value and all movements, including realised and unrealised gains and losses, are shown in the Statement of Financial Activities.  Fair value reflects the published market value of investments held.  Realised gains and losses are the aggregate of the difference between sales proceeds and opening fair value (or on addition if purchased during the year).  Unrealised gains and losses represent the movement in market value during the year. 

- (o) As a registered charity, Action Mental Health is not liable to either Income Tax or Corporation Tax. 

- (p) Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date.  If such indication exists, the recoverable amount of the asset, or the asset’s cash generating unit, is estimated and compared to the carrying amount.  Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease. 

- (q) Rentals payable and receivable under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease. 

- (r) Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in expenditure. 

24 



**ACTION MENTAL HEALTH (LIMITED BY GUARANTEE)** 

## **NOTES TO THE FINANCIAL STATEMENTS (Continued) For the Year Ended 31 March 2025** 

## **1. ACCOUNTING POLICIES (Continued)** 

- (s) Judgements and key sources of estimation uncertainty 

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for income and expenditure during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. The following are the company's key sources of estimation uncertainty: 

Tangible fixed assets - the annual depreciation charge on fixed assets depends primarily on the estimated lives of each type of asset and estimates of residual values. The Directors regularly review these asset lives and change them as necessary to reflect current thinking on remaining lives in light of prospective economic utilisation and physical condition of the assets concerned. Changes in asset lives can have a significant impact on depreciation and amortisation charges for the period. Detail of the useful lives is included in the accounting policies. 

Investment property - At each reporting date investment property is remeasured to fair value. The Directors assess fair value in the light of the commercial property market in Northern Ireland and consider property yields and transactions in similar properties. Assessing the fair value of investment property involves some judgement and estimation uncertainty the extent of which can depend on the level of transactions in the property market of similar properties. 

Debtors - short term debtors are measured at transaction price, less any impairment. Impairment of such debtors involves some estimation uncertainty. 

- (t) Financial instruments 

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 the carrying value plus accrued interest less repayments. The financing charge to expenditure is at a constant rate calculated using the effective interest method. 

## **2. MEMBERS LIABILITY** 

The charity is a company limited by guarantee.  Every member undertakes to contribute such amounts, not exceeding £10, to the charity’s assets if it should be wound up whilst being a member, or within one year of ceasing to be a member. 

25 



**ACTION MENTAL HEALTH (LIMITED BY GUARANTEE)** 

## **NOTES TO THE FINANCIAL STATEMENTS (Continued) For the Year Ended 31 March 2025** 

## **3. GRANTS AND CONTRACTED FUNDING** 

|**Restricted Unrestricted**<br>**Funds**<br>**Funds**<br>**£**<br>**£**<br>**Amounts received and receivable**<br>_Rehabilitation programmes_<br>**Contracted funding**<br>Health & Social Care Trusts:<br>Northern<br>325,898<br>-<br>Southern<br>394,411<br>-<br>Belfast<br>311,635<br>-<br>South Eastern<br>856,433<br>-<br>Western<br>485,465<br>-<br>**Grants**<br>UKSPF<br>1,532,696<br>-<br>PHA<br>78,810<br>-<br>CLEAR Project<br>13,107<br>-<br>DoH Core grant<br>31,804<br>-<br>PHA Distribution fund<br>-<br>-<br>ChatPal<br>-<br>-<br>Arts Council<br>6,000<br>-<br>BCPP grant<br>-<br>-<br>Sundry grants<br>181<br>-<br>Mentir<br>(24,494)<br>-<br>A & O Sherman<br>10,000<br> -<br>4,021,946<br>-<br>Amounts deferred b/forward<br>81,971<br>-<br>Amounts deferred c/forward<br>(77,794)<br> -<br>**Funding utilised**<br>4,026,123<br> -|**Total Funds**<br>**2025**<br>**£**<br>325,898<br>394,411<br>311,635<br>856,433<br>485,465<br>1,532,696<br>78,810<br>13,107<br>31,804<br>-<br>-<br>6,000<br>-<br>181<br>(24,494)<br>10,000<br>4,021,946<br>81,971<br>(77,794)<br>4,026,123|**Total Funds**<br>**2024**<br>**£**<br>280,426<br>363,608<br>295,871<br>1,089,281<br>465,115<br>1,490,738<br>73,600<br>6,365<br>31,804<br>1,051<br>(13,015)<br>-<br>2,400<br>11,148<br>-<br> -<br>4,098,392<br>51,807<br>(55,187)<br>4,095,012|
|---|---|---|
||||



26 



**ACTION MENTAL HEALTH (LIMITED BY GUARANTEE)** 

## **NOTES TO THE FINANCIAL STATEMENTS (Continued) For the Year Ended 31 March 2025** 

## **3. GRANTS AND CONTRACTED FUNDING (continued)** 

|_Welfare and Education_<br>_Services_<br>**Grants –**<br>Southern H&SC Trust<br>Western H&SC Trust<br>SEUPB – Peace IV/Plus<br>PHA<br>AMH Works<br>Dept. of Justice<br>Dept. for Communities<br>Mindful Carers<br>-Community Fund<br>Yew Project<br>-Community Fund<br>Private Trust<br>MNDA<br>ANBC<br>Sundry<br>ACNI – Lottery<br>CoI<br>RTE Appeal<br>FODC<br>Schools Program<br>Amounts deferred b/forward<br>Amounts deferred c/forward<br>**Funding utilised**|**Restricted**<br>**Funds**<br>**£**<br>61,439<br>62,754<br>772,589<br>135,284<br>-<br>-<br>13,064<br>25,301<br>-<br>100,000<br>-<br>4,465<br>-<br>115,889<br>4,641<br>4,470<br>1,495<br>5,813<br>1,307,206<br>77,239<br>(542,704)<br>841,741|**Unrestricted Total Funds Total Funds**<br>**Funds**<br>**2025**<br>**2024**<br>**£**<br>**£**<br>**£**<br>-<br>61,439<br>56,522<br>-<br>62,754<br>61,075<br>-<br>772,589<br>211,125<br>-<br>135,284<br>113,592<br>69,934<br>69,967<br>124,449<br>-<br>-<br>2,160<br>-<br>13,064<br>48,478<br>-<br>25,301<br>36,378<br>-<br>-<br>8,580<br>-<br>100,000<br>100,000<br>-<br>-<br>7,102<br>-<br>4,465<br>2,140<br>-<br>-<br>(270)<br>-<br>115,889<br>115,720<br>-<br>4,641<br>-<br>-<br>4,470<br>-<br>-<br>1,495<br>-<br> -<br>5,813<br> -<br>69,934<br>1,377,138<br>887,051<br>34,730<br>111,969<br>79,913<br>(23,225)<br>(565,929)<br>(111,969)<br>81,439<br>923,178<br>854,995|
|---|---|---|



27 



**ACTION MENTAL HEALTH (LIMITED BY GUARANTEE)** 

**NOTES TO THE FINANCIAL STATEMENTS (Continued) For the Year Ended 31 March 2025** 

## **3. GRANTS AND CONTRACTED FUNDING (continued)** 

|**Therapeutic Services**<br>DfC Neighbourhood Renewal<br>VSS<br>BH&SCT<br>SEH&SCT<br>PHA<br>Schools Programme<br>MNDA<br>Community Foundation<br>Yew Project<br>-Community Fund<br>Saturday Hospital Fund<br>-Community Fund<br>Mencap<br>Education Authority<br>MS Society<br>BCC Revenue<br>Urban Villages<br>Other<br>Amounts deferred b/forward<br>Amounts deferred c/forward<br>**Funding utilised**<br>**Total grants and contracted**<br>**funding utilised**|**Restricted Unrestricted**<br>**Funds**<br>**Funds**<br>**£**<br>**£**<br>108,797<br>-<br>65,398<br>-<br>168,086<br>-<br>188,560<br>-<br>489,526<br>-<br>1,750<br>-<br>-<br>-<br>-<br>-<br>38,595<br>-<br>10,230<br>-<br>-<br>-<br>558,500<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>4,105<br> -<br>1,633,547<br>-<br>156,343<br>-<br>(141,504)<br> -<br>1,648,386<br> -<br>6,516,248<br>81,439|**Total Funds**<br>**2025**<br>**£**<br>108,797<br>65,398<br>168,086<br>188,560<br>489,526<br>1,750<br>-<br>-<br>38,595<br>10,230<br>-<br>558,500<br>-<br>-<br>-<br>4,105<br>1,633,547<br>156,343<br>(141,504)<br>1,648,386<br>6,597,687|**Total Funds**<br>**2024**<br>**£**<br>68,872<br>73,928<br>165,018<br>197,113<br>388,252<br>29,045<br>20,700<br>25,299<br>152,475<br>10,000<br>2,691<br>-<br>-<br>-<br>-<br>199<br>1,133,592<br>117,221<br>(156,343)<br>1,094,470<br>6,044,447|
|---|---|---|---|



In the prior year income from grants and contract funding was attributable to restricted funds with the exception of £89,719 which was unrestricted. 

28 



## **ACTION MENTAL HEALTH (LIMITED BY GUARANTEE)** 

## **NOTES TO THE FINANCIAL STATEMENTS (Continued) For the Year Ended 31 March 2025** 

## **4. OTHER EMPLOYMENT INCOME & CONTRIBUTION FROM TRADING ACTIVITIES FROM REHABILITATION PROGRAMMES** 

||**Restricted**|**Unrestricted**|**Total Funds**|**Total Funds**|
|---|---|---|---|---|
||**Funds**|**Funds**|**2025**|**2024**|
||**£**|**£**|**£**|**£**|
|Other Employment income<br>Contribution from trading|201,902|-|201,902|234,385|
|activities:|||||
|- Rehabilitation programmes|<br> -|13,065|-|25,688|



In the prior year £234,385 was attributable to restricted funds and £25,688 was attributable to unrestricted funds. 

## **5. DONATIONS AND LEGACIES** 

|||**Restricted**|**Restricted**|**Unrestricted**|**Total Funds**|**Total Funds**|
|---|---|---|---|---|---|---|
|||**Funds**||**Funds**|**2025**|**2024**|
|||**£**||**£**|**£**|**£**|
|General|||||||
|-|Community||-|103,354|103,354|83,455|
|-|Corporate||-|40,854|40,854|47,362|
|-|Individual||-|22,556|22,556|40,019|
|-|Schools||-|4,493|4,493|9,895|
|-|Other|7,000||36,674|43,674|49,885|
|Hendersons|||-|14,085|14,085|37,507|
|All|State||-|45,697|45,697|-|
|NTNI|||-|20,000|20,000|-|
|I Craig|||-|10,000|10,000|-|
|||7,000||297,713|304,713|264,123|



Amounts included as general above represent all donations received of less than £10,000. 

In the prior year all income from donations and legacies was attributable to unrestricted funds with the exception of £4,000 which was attributable to restricted funds. 

## **6. GAIN ON DISPOSAL OF ASSETS** 

During the year, two owned properties in L/Derry and Downpatrick were sold, realising a surplus of £1,127,907. 

29 



## **ACTION MENTAL HEALTH (LIMITED BY GUARANTEE)** 

## **NOTES TO THE FINANCIAL STATEMENTS (Continued) For the Year Ended 31 March 2025** 

## **7. OTHER ACTIVITIES** 

|**OTHER ACTIVITIES**|||||
|---|---|---|---|---|
||**Restricted**|**Unrestricted**|**Total Funds**|**Total Funds**|
||**Funds**|**Funds**|**2025**|**2024**|
||**£**|**£**|**£**|**£**|
|Administration fees|-|36,351|36,351|35,941|
|Rents and room hire|-|76,852|76,852|44,963|
|External training fees|-|21,580|21,580|11,544|
|Sundry income|-|11,529|11,529|16,614|
|Client contribution|-|4,641|4,641|4,392|
|Other counselling fees|-|18,920|18,920|-|
|ROC income|-|11,047|11,047|10,920|
||-|180,920|180,920|124,374|



In the prior year all income from other activities was attributable to unrestricted funds. 

## **8. INVESTMENTS** 

|**INVESTMENTS**|||||
|---|---|---|---|---|
||**Restricted**|**Unrestricted**|**Total Funds**|**Total Funds**|
||**Funds**|**Funds**|**2025**|**2024**|
||**£**|**£**|**£**|**£**|
|Interest|-|105,562|105,562|23,100|
|Dividends|-|-|-|8,043|
||-|105,562|105,562|31,143|



In the prior year all income from investments was attributable to unrestricted funds. 

30 



## **ACTION MENTAL HEALTH (LIMITED BY GUARANTEE)** 

## **NOTES TO THE FINANCIAL STATEMENTS (Continued) For the Year Ended 31 March 2025** 

## **9. EXPENDITURE ON CHARITABLE ACTIVITIES** 

## **Summary by activity** 

|**Summary by activity**|||||
|---|---|---|---|---|
|Rehabilitation programmes<br>Rehabilitation exceptional costs<br>Employment services<br>Welfare and education services<br>Therapeutic services|**Direct**<br>**Costs**<br>**£**<br>3,239,827<br>-<br>205,082<br>1,026,734<br>1,497,387<br>5,969,030|**Support**<br>**Costs**<br>**£**<br>645,374<br>-<br>40,852<br>204,526<br>298,280<br>1,189,032|**Total**<br>**2025**<br>**£**<br>3,885,201<br>-<br>245,934<br>1,231,260<br>1,795,667 <br>7,158,062|**Total**<br>**2024**<br>**£**<br>4,311,484<br>267,763<br>233,805<br>1,093,664<br>1,357,243|
|||||7,263,959|



In the current year £132,676 expenditure on charitable activities was attributable to unrestricted funds (2024 - £132,343).  All other expenditure on charitable activities was attributable to restricted funds in both years. 

In the prior year, as a result of AMH restructuring its service provision, a voluntary redundancy process was undertaken resulting redundancy costs of £267,763 which were included as exceptional costs in connection with rehabilitation programmes. 

## **10. RAISING FUNDS** 

## **Summary by activity** 

|**Direct**<br>**Support**<br>**Costs**<br>**Costs**<br>**£**<br>**£**<br>Fundraising and awareness costs140,953<br>28,078|**Total**<br>**2025**<br>**£**<br>169,031|**Total**<br>**2024**<br>**£**<br>118,934|
|---|---|---|



In the current and prior year all expenditure on raising funds was attributable to unrestricted funds. 

31 



## **ACTION MENTAL HEALTH (LIMITED BY GUARANTEE),** 

## **NOTES TO THE FINANCIAL STATEMENTS (Continued) For the Year Ended 31 March 2025** 

## **11. SUPPORT COSTS BY CATEGORY** 

|**2025**<br>**£**<br>**Support Costs**<br>Administration and Finance<br>1,217,110<br>Support costs are made up of the following:<br>**2025**<br>**£**<br>Staff costs<br>900,189<br>Office costs<br>13,274<br>Premises<br>14,722<br>Other costs<br>105,225<br>1,217,110<br>**12.**<br>**OTHER**<br>**Restricted**<br>**Unrestricted**<br>**Total**<br>**Funds**<br>**Funds**<br>**2025**<br>**£**<br>**£**<br>**£**<br>Investment management fees<br>-<br>-<br>-<br>Governance costs<br> -<br>28,064<br>28,064<br> -<br>28,064<br>28,064|**2024**<br>**£**<br>941,805<br>**2024**<br>**£**<br>736,935<br>11,927<br>15,702<br>177,240<br>941,805<br>**Total**<br>**2024**<br>**£**<br>3,887<br>32,210<br>36,097|
|---|---|
|||



In the prior year all other expenditure was attributable to unrestricted funds. 

## **13. GOVERNANCE COSTS** 

|Auditor’s remuneration<br>-<br>Statutory audit<br>-<br>Other assurance services<br>Other professional fees<br>Board, Committee costs|**2025**<br>**£**<br>7,920<br>7,554<br>10,778<br>1,812<br>28,064|**2024**<br>**£**<br>9,480<br>8,028<br>3,745<br>10,957<br>32,210|
|---|---|---|



32 



## **ACTION MENTAL HEALTH (LIMITED BY GUARANTEE)** 

## **NOTES TO THE FINANCIAL STATEMENTS (Continued) For the Year Ended 31 March 2025** 

## **14. NET INCOME BEFORE TRANSFERS** 

||||**2025**|**2024**|
|---|---|---|---|---|
||||**£**|**£**|
||This is stated after charging:||||
||Depreciation:||||
||-|owned tangible fixed assets|75,937|122,710|
||Auditor’s remuneration  - statutory audit||7,920|9,480|
|||- other financial services|7,554|8,028|
||Gain on disposal of investments||-|131,724|
||(Loss)/gain on fair value movement of investments||(60,655)|230,070|
||Operating leases rentals||159,870|137,564|
|**15.**|**STAFF COSTS**||||
||||**2025**|**2024**|
||||**£**|**£**|
||(a)|Staff costs|||
|||Wages and salaries|4,780,410|4,553,282|
|||Social security costs|429,416|407,224|
|||Agency and seconded staff|23,151|34,431|
|||Pension costs – defined contribution schemes|249,250|238,945|
|||Redundancy|12,973|267,763|
||||5,495,199|5,501,645|
||(b)|One staff member earned between £80,000 and £90,000||(2024 – one staff|
|||member earned between £80,000 and £90,000).|||
||||**2025**|**2024**|
||||**No.**|**No.**|
||(c)|Average number of persons directly employed:|||
|||Office and management|27|28|
|||Supervision and instruction|137|146|
|||Support staff|30|30|
||||194|204|



33 



## **ACTION MENTAL HEALTH (LIMITED BY GUARANTEE)** 

## **NOTES TO THE FINANCIAL STATEMENTS (Continued) For the Year Ended 31 March 2025** 

## **15. STAFF COSTS (Continued)** 

- (d) Directors' and key management personnel remuneration and expenses 

No fees were paid to any director for their services as Board members. No travel expenses were reimbursed to Directors in the current year (2024 – £Nil).  No amounts were paid directly to third parties. 

The total amount of employee benefits received by key management personnel is £244,174 (2024 - £229,401).  The charity considers its key management personnel to comprise the Chief Executive Officer, Director of Business Support and Director of Operations. 

## **16. TRANSFERS BETWEEN FUNDS** 

An amount of £291,235 (2024 - £938,045) was transferred from unrestricted funds to restricted funds as a contribution from general funds which the Directors wish to apply towards the shortfall between restricted funds received and expended in the year. 

## **17. TANGIBLE FIXED ASSETS** 

|**Land &**<br>**Fixtures, fittings,**<br>**buildings**<br>**Plant &**<br>**tools & other**<br>**(long leasehold) machinery**<br>**equipment**<br>**£**<br>**£**<br>**£**<br>**Cost:**<br>At 1 April 2024<br>6,322,722<br>359,381<br>75,418<br>Additions<br>-<br>2,953<br>34,750<br>Disposals<br>(2,502,539)<br>(119,923)<br>(22,732)<br><br>At 31 March 2025<br>3,820,183<br>242,411<br>87,436<br>**Depreciation:**<br>At 1 April 2024<br>4,625,818<br>345,267<br>74,286<br>Charges for the year<br>64,604<br>4,679<br>6,654<br>Disposals<br>(1,962,549)<br>(119,923)<br>(22,732)<br><br>At 31 March 2025<br>2,727,873<br>230,023<br>58,208<br>**Net book value:**<br>At 31 March 2025<br>1,092,310<br>12,388<br>29,228<br>At 31 March 2024<br>1,696,904<br>14,114<br>1,132|**Total**<br>**£**<br>6,757,521<br>37,703<br>(2,645,194)<br>4,150,030<br>5,045,371<br>75,937<br>(2,105,204)<br>3,016,104<br>1,133,926<br>1,712,150|
|---|---|



Included in long leasehold land and buildings is land costing £87,250.  Land is not depreciated. 

34 



## **ACTION MENTAL HEALTH (LIMITED BY GUARANTEE)** 

## **NOTES TO THE FINANCIAL STATEMENTS (Continued) For the Year Ended 31 March 2025** 

## **18. INVESTMENT PROPERTY** 

|As at 1 April 2024<br>Transferred from land and buildings<br>At 31 March 2025|**£**<br>-<br>420,576<br>420,576|
|---|---|



The fair value of the investment property has been arrived at by the directors at 31 March 2025.  In assessing fair value, the Directors have considered the opinion of an independent property agent, taking account of yields obtained on similar properties in the local property market. 

The historic cost of investment property is £1,178,242, with an aggregate accumulated depreciation charge of £801,541 resulting in a carrying amount under historic cost of £376,701. 

## **19. FIXED ASSET INVESTMENTS** 

|**FIXED ASSET INVESTMENTS**||
|---|---|
||**Quoted**|
||**Investments**|
||**£**|
|As at 1 April 2024|4,417,630|
|Additions, at cost|800,000|
|Investment income retained|90,614|
|Unrealised (loss)/gain on revaluation|(60,655)|
|At 31 March 2025, at market value|5,247,589|
|At 31 March 2025, at historical cost|4,437,053|



The charity’s investments are managed by an independent investment manager. Included in investments are cash deposit balances of £1,825,146 (2024 - £2,434,532) held as part of the investment portfolio. 

## **20. STOCKS** 

|Raw materials and consumables|**2025**<br>**£**<br>19,549|**2024**<br>**£**<br>17,065|
|---|---|---|



35 



## **ACTION MENTAL HEALTH (LIMITED BY GUARANTEE)** 

## **NOTES TO THE FINANCIAL STATEMENTS (Continued) For the Year Ended 31 March 2025** 

|**21.**<br>**DEBTORS**<br>**2025**<br>**£**<br>Trade debtors<br>369,870<br>Grants due – PeacePlus<br>306,708<br>Grants due - UKSPF<br>14,472<br>Grants due - Peace IV<br>-<br>Grants due - Other<br>-<br>Prepayments and accrued income<br>156,316<br>Other debtors<br>15,112<br>862,478<br>**22.**<br>**CREDITORS: Amounts falling due within one year**<br>**2025**<br>**£**<br>Trade creditors<br>212,688<br>Other taxation and social security<br>100,906<br>Deferred income<br>789,116<br>Accruals and other creditors<br>179,861<br>1,282,571<br>**23.**<br>**DEFERRED INCOME**<br>**Under 1**<br>**Over 1**<br>**year**<br>**year**<br>**£**<br>**£**<br>At 1 April 2024<br>331,914<br>-<br>Amounts released to income<br>(331,914)<br>-<br>Amounts deferred from income<br>789,116<br> -<br>At 31 March 2025<br>789,116<br> - <br>**24.**<br>**ANALYSIS OF NET ASSETS BETWEEN FUNDS**<br>**Unrestricted Restricted**<br>**Funds**<br>**Funds**<br>**£**<br>**£**<br>Tangible fixed assets<br>1,133,926<br>-<br>Investments and investment property<br>5,668,165<br>-<br>Net current assets<br>269,159<br> -|**2024**<br>**£**<br>211,571<br>-<br>79,056<br>53,042<br>31,087<br>194,527<br>1,797<br>571,080<br>**2024**<br>**£**<br>202,873<br>95,463<br>331,914<br>209,376<br>839,626<br>**Total**<br>**£**<br>331,914<br>(331,914)<br>789,116<br>789,116<br>**Total**<br>**Funds**<br>**£**<br>1,133,926<br>5,668,165<br>269,159|
|---|---|



36 



## **ACTION MENTAL HEALTH (LIMITED BY GUARANTEE)** 

## **NOTES TO THE FINANCIAL STATEMENTS (Continued) For the Year Ended 31 March 2025** 

## **25. REVALUATION RESERVE** 

|At 1 April 2024<br> <br>Net transfer to general fund<br>At 31 March 2025|**£**<br>871,191<br>(60,655)<br>810,536|
|---|---|



This represents the unrealised gains accumulated on the revaluation of fixed asset investments. 

## **26. OTHER UNRESTRICTED FUNDS** 

|**Unrestricted**<br>At 1 April 2024<br>Surplus for the year<br>Transfer to/from general fund<br>Net transfer from revaluation<br>reserve<br>Amortisation of capital grants<br>At 31 March 2025|**Designated**<br>**Designated**<br>**Capital**<br>**Risk**<br>**General**<br>**Utilised**<br>**Reserve**<br>**Fund**<br>**Fund**<br>**Fund**<br>**£**<br>**£**<br>**£**<br>1,085,235<br>280,385<br>3,709,495<br> <br>1,124,944<br>-<br>-<br>31,917<br>-<br>(31,917)<br>60,655<br>-<br>-<br>38,251<br>(38,251)<br> -<br>2,341,002<br>242,134<br>3,677,578|**Total**<br>**£**<br>5,075,115<br>1,124,944<br>-<br>60,655<br> -<br>6,260,714|
|---|---|---|



## **Capital utilised fund:** 

This represents grants and donations originally received for restricted capital purposes. Having been fully utilised for those purposes they become unrestricted funds and are released to the General Fund at the same rates that depreciation is charged on the assets to which they relate. 

## **Risk reserve fund:** 

The risk reserve fund represents an amount equivalent to six months of budgeted operational expenditure which the Board feel is prudent to set aside in line with the charity’s risk and reserve policies. 

## **27. TAXATION** 

The company has been accepted by HM Revenue & Customs as a charity (reference no. XN 47959). 

37 



**ACTION MENTAL HEALTH (LIMITED BY GUARANTEE)** 

**NOTES TO THE FINANCIAL STATEMENTS (Continued) For the Year Ended 31 March 2025** 

## **28. CONTINGENT ASSETS AND LIABILITIES** 

A portion of grants received may become repayable if the charity fails to comply with the terms of the relevant letters of offer. 

## **29. CONDUIT FUNDING** 

AMH acts as lead partner on a number of projects.  At the balance sheet date AMH held the following balances on behalf of partner organisations. 

||**PIPS**|
|---|---|
||**£**|
|Debtor|-|
|Cash at Bank|18,455|
|Creditor|18,455|



In accordance with SORP (FRS 102) these balances have not been included in the Balance Sheet. 

## **30. PENSIONS AND OTHER POST-RETIREMENT BENEFITS** 

The charity operates a defined contribution pension plan for its employees.  The amount recognised as an expense in the period was £249,250 (2024 - £238,945). 

## **31. RELATED PARTY TRANSACTIONS** 

No transactions with related parties were undertaken such as are required to be disclosed. 

## **32 OPERATING LEASE COMMITMENTS** 

Total future minimum lease payments under non-cancellable operating leases are as follows: 

|Not later than one year<br>Later than one and not later than five years<br>Later than five years|**2025**<br>**£**<br>171,626<br>80,000<br>110,000|**2024**<br>**£**<br>137,189<br>80,000<br>130,000|
|---|---|---|



38