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Four trustees were reimbursed for travel expenses totalling £1,260 in the year ending December 2024.
Four Trustees were reimbursed for travel expenses totalling £1,260 (2023: four Trustees £643) and no Trustee received any remuneration during the period.
Financial · Metric statement · From Quaker Mental Health Fund ( UK ) — annual report and accounts, year ending 31 December 2024, page 21
The total expenditure on charitable activities increased to £65,138 in the year ending December 2024.
All of the £65, 138 expenditure recognised in the year (2023: £30,498) was charged to unrestricted funds.
Financial · Metric statement · From Quaker Mental Health Fund ( UK ) — annual report and accounts, year ending 31 December 2024, page 20
The charity's net income for the year ended December 2024 was £41,981.
Net income / (expenditure) for the year
Financial · Metric statement · From Quaker Mental Health Fund ( UK ) — annual report and accounts, year ending 31 December 2024, page 16
The charity's cash and short-term highly liquid investments are included in the financial statements.
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
Financial · Procedural statement
Investments are initially recognized at transaction value and subsequently measured at fair value using the closing quoted market price.
Investments are a form of basic financial instrument and are initially recognised at their transaction value and subsequently measured at their fair value at the balance sheet date using the closing quoted market price.
Financial · Procedural statement · From Quaker Mental Health Fund ( UK ) — annual report and accounts, year ending 31 December 2024, page 14
Donations are recognized when notified of the amounts and settlement date in writing or upon receipt.
Donations are recognised when the charity has been notified of the amounts and the settlement date in writing, or, if earlier, when the donation is received.
Financial · Procedural statement · From Quaker Mental Health Fund ( UK ) — annual report and accounts, year ending 31 December 2024, page 14
Income is recognized when the charity is entitled to it, receipt is probable, and amounts can be measured reliably.
Income is recognised when the charity is entitled to the income, receipt is considered probable and the amounts can be measured reliably.
Financial · Procedural statement · From Quaker Mental Health Fund ( UK ) — annual report and accounts, year ending 31 December 2024, page 14
The charity's financial statements are prepared on a going concern basis under the historical cost convention.
The financial statements are prepared on a going concern basis under the historical cost convention.
Governance · Procedural statement · From Quaker Mental Health Fund ( UK ) — annual report and accounts, year ending 31 December 2024, page 14
The charity plans to develop evaluation methods to receive feedback and shape future processes.
We plan to develop our evaluation methods so that we can receive feedback to shape our future processes.
Operational · Commitment statement · From Quaker Mental Health Fund ( UK ) — annual report and accounts, year ending 31 December 2024, page 6
The charity made grants totaling £58,382 to 29 individuals and 5 projects.
Grants totalling £58,382 were made to 29 individuals and 5 Projects including The Retreat Short Term Therapy scheme.
Financial · Funding statement · From Quaker Mental Health Fund ( UK ) — annual report and accounts, year ending 31 December 2024, page 6
The charity's expendable endowment fund aims to generate sufficient income for grant-making at anticipated levels.
The expendable endowment fund is maintained at a level to generate sufficient income to enable the charity to continue to make grants at the levels of expenditure anticipated. The Fund aims to spend income generated in the year in full.
Financial · Funding statement · From Quaker Mental Health Fund ( UK ) — annual report and accounts, year ending 31 December 2024, page 6
Gross income for the year was £74,244, an increase from £72,479 in 2023.
Gross income for the year was £74,244 (2023: £72,479).
Financial · Funding statement · From Quaker Mental Health Fund ( UK ) — annual report and accounts, year ending 31 December 2024, page 6
The charity aims to maximize returns on investments in terms of income and capital.
The charity looked to maximise the return in terms of both income and capital.
Financial · Funding statement · From Quaker Mental Health Fund ( UK ) — annual report and accounts, year ending 31 December 2024, page 6
The charity's objectives include funding projects and initiatives that are led by Quakers and align with Quaker values.
to promote and protect mental health by funding projects and initiatives that are led by Quakers and involve activities which are congruent with Quaker values and/or testimonies
Policy · Policy statement · From Quaker Mental Health Fund ( UK ) — annual report and accounts, year ending 31 December 2024, page 4
The charity aims to relieve sickness and promote mental health by providing grants for beneficiaries who cannot afford care fees.
to relieve sickness and promote and protect mental health of beneficiaries and in particular, but without limitation, in the following order of priority: 1) to relieve sickness and promote and protect mental health by providing grants to beneficiaries who cannot afford the fees to be able to access care at either The Retreat York or other psychiatric hospitals in the UK;
Policy · Policy statement · From Quaker Mental Health Fund ( UK ) — annual report and accounts, year ending 31 December 2024, page 4
Investments in shares that are publicly traded or have reliable fair value measurements are measured at fair value.
where investments in shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure.
Financial · Policy statement · From Zichron Moshe Hassell — annual report and accounts, year ending 31 December 2024, page 11
Debt instruments are subsequently measured at amortised cost.
debt instruments are subsequently measured at amortised cost.
Financial · Policy statement · From Zichron Moshe Hassell — annual report and accounts, year ending 31 December 2024, page 11
Current assets and liabilities are subsequently measured at the cash or other consideration expected to be paid or received.
current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or received and not discounted.
Financial · Policy statement · From Zichron Moshe Hassell — annual report and accounts, year ending 31 December 2024, page 11
A financial asset or liability is recognised only when the charity becomes a party to the contractual provisions.
a financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument.
Financial · Policy statement · From Zichron Moshe Hassell — annual report and accounts, year ending 31 December 2024, page 10
Other expenditure includes costs that are neither related to raising funds nor part of charitable activities.
other expenditure includes all expenditure that is neither related to raising funds for the charity nor part of its expenditure on charitable activities.
Financial · Policy statement · From Zichron Moshe Hassell — annual report and accounts, year ending 31 December 2024, page 10