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The Independent Mental Health Network's total income was £94,817 in the year ending March 2024.
Income £ 94,817
Financial · Funding statement · From Independent Mental Health Network — annual report and accounts, year ending 31 March 2025, page 19
The Independent Mental Health Network's total income was £93,196 in the year ending March 2025.
Income £ 93,196
Financial · Funding statement · From Independent Mental Health Network — annual report and accounts, year ending 31 March 2025, page 19
The Independent Mental Health Network's staff costs were £111,818 in 2024.
Staff costs (note 7) 3,605 108,213 - 111,818
Financial · Funding statement · From Independent Mental Health Network — annual report and accounts, year ending 31 March 2025, page 16
The Independent Mental Health Network's staff costs were £77,989 in 2025.
Staff costs (note 7) 63,912 14,077 77,989
Financial · Funding statement · From Independent Mental Health Network — annual report and accounts, year ending 31 March 2025, page 15
The Independent Mental Health Network's total governance costs were £1,950 in 2024.
Total governance costs were £2,100 (2024: £1,950).
Governance · Funding statement · From Independent Mental Health Network — annual report and accounts, year ending 31 March 2025, page 15
The Independent Mental Health Network's total governance costs were £2,100 in 2025.
Total governance costs were £2,100 (2024: £1,950).
Governance · Funding statement · From Independent Mental Health Network — annual report and accounts, year ending 31 March 2025, page 15
The total expenditure for the Independent Mental Health Network in 2024 was £140,967.
Total expenditure 3,605 137,362 - 140,967
Financial · Funding statement · From Independent Mental Health Network — annual report and accounts, year ending 31 March 2025, page 16
The total expenditure for the Independent Mental Health Network in 2025 was £97,242.
Total expenditure 97,242 - 97,242
Financial · Funding statement · From Independent Mental Health Network — annual report and accounts, year ending 31 March 2025, page 15
The charity's current assets decreased from £111,095 in the previous year to £106,034 for the year ending March 31, 2025.
Current assets Debtors 9 15,127 33,947 Cash at bank and in hand 90,907 77,148 106,034 111,095
Financial · Metric statement · From Independent Mental Health Network — annual report and accounts, year ending 31 March 2025, page 10
The charity's unrestricted funds decreased from £141,753 in the previous year to £95,603 for the year ending March 31, 2025.
Total Total Note £ £ Reconciliation of funds: Total funds brought forward 95,603 141,753 Total funds carried forward 91,557 95,603
Financial · Metric statement · From Independent Mental Health Network — annual report and accounts, year ending 31 March 2025, page 9
The charity's total expenditure increased from £137,362 in the previous year to £140,967 for the year ending March 31, 2025.
Total Total Note £ £ Expenditure on: Raising funds - 3,605 Charitable activities 97,242 137,362 Total expenditure 5 97,242 140,967
Financial · Metric statement · From Independent Mental Health Network — annual report and accounts, year ending 31 March 2025, page 9
The charity's total income decreased from £94,817 in the previous year to £93,196 for the year ending March 31, 2025.
Total Total Note £ £ Income from: Donations 3 35 105 Charitable activities 4 92,754 94,168 Investments 407 544 Total income 93,196 94,817
Financial · Metric statement · From Independent Mental Health Network — annual report and accounts, year ending 31 March 2025, page 9
The charity's unrestricted funds totalled £91,557 as of March 31, 2025.
Unrestricted funds are available to spend on activities that further any of the purposes of the charity. Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity's work or for specific projects being undertaken by the charity. Funds 12 Unrestricted funds General funds 91,557 95,603
Financial · Metric statement · From Independent Mental Health Network — annual report and accounts, year ending 31 March 2025, page 10
Independent Mental Health Network's financial statements were prepared in accordance with FRS 102 and the Charities SORP (FRS 102).
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities in preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102).
Financial · Policy statement · From Independent Mental Health Network — annual report and accounts, year ending 31 March 2025, page 11
Godfrey Wilson Limited was re-appointed as independent examiner for the charity and will continue in that role.
Godfrey Wilson Limited were re-appointed as independent examiners to the charity during the year and have expressed their willingness to continue in that capacity.
Governance · Commitment statement · From Independent Mental Health Network — annual report and accounts, year ending 31 March 2025, page 7
The trustees of Independent Mental Health Network are responsible for preparing the accounts according to the Charities Act 2011.
As the charity trustees of the CIO you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).
Governance · Procedural statement · From Independent Mental Health Network — annual report and accounts, year ending 31 March 2025, page 8
IMHN's day-to-day operations are overseen by the Head of Operations/CEO.
The day-to-day running of the charity is overseen by the Head of Operations/ CEO, who assumed the role following the departure of the Interim Head of Operations in January 2024. The Head of Operations/ CEO is responsible for ensuring smooth operations and alignment with our mission and goals.
Operational · Procedural statement · From Independent Mental Health Network — annual report and accounts, year ending 31 March 2025, page 5
IMHN is adapting its structure to maintain efficiency and alignment with long-term visions.
As the charity grows, we continue to adapt our structure to maintain efficiency and alignment with our long-term visions, ensuring we remain fit for purpose and responsive to emerging needs.
Operational · Commitment statement · From Independent Mental Health Network — annual report and accounts, year ending 31 March 2025, page 5
IMHN plans strategic investment in marketing and fundraising to strengthen long-term sustainability.
In parallel, the Trustees intend to develop a planned and measured approach to applying any reserves held in excess of this potential revised policy. This is expected to focus on strategic investment in areas such as marketing and the development of fundraising activity independent of Integrated Care Board funding, in order to strengthen the charity's long-term sustainability.
Financial · Commitment statement · From Independent Mental Health Network — annual report and accounts, year ending 31 March 2025, page 4
IMHN will review its reserves policy to assess whether an extended target is required due to sector-wide uncertainty.
In response to this increased risk, the Trustees will review the reserves policy over the coming year to assess whether it remains appropriate or whether an extended reserves target is required, potentially up to the equivalent of twelve month's operating expenditure.
Financial · Commitment statement · From Independent Mental Health Network — annual report and accounts, year ending 31 March 2025, page 4