Evidence browser
Explore the evidence
Loading the evidence…
Evidence browser
Loading the evidence…
Evidence browser
35,970 claims
The recoverable amount of financial assets is estimated based on the best approximation of what would be received if sold at the balance sheet date.
For financial assets measured at cost less impairment, the impairment loss is measured as the difference between an asset's carrying amount and best estimate of the recoverable amount, which is an approximation of the amount that the company would receive for the asset if it were to be sold at the balance sheet date.
Financial · Policy statement · From Independent Newham User's Forum (mental Health) — annual report and accounts, year ending 31 March 2025, page 14
The company assesses financial assets for impairment at the end of each reporting period and recognizes any loss in profit or loss.
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the profit and loss account.
Financial · Policy statement · From Independent Newham User's Forum (mental Health) — annual report and accounts, year ending 31 March 2025, page 14
Rentals under operating leases are charged to financial activities on a straight-line basis over the lease term.
Rentals under operating leases are charged to the Statement of financial activities on a straight-line basis over the lease term.
Financial · Policy statement · From Independent Newham User's Forum (mental Health) — annual report and accounts, year ending 31 March 2025, page 14
Unrestricted funds can be used at the discretion of the Trustees for charitable objectives, while restricted funds are limited to specific purposes.
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the Trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity.
Financial · Policy statement · From Independent Newham User's Forum (mental Health) — annual report and accounts, year ending 31 March 2025, page 14
The company is potentially exempt from UK corporation tax for income or capital gains applied exclusively to charitable purposes.
Accordingly, the charitable company is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
Financial · Policy statement · From Independent Newham User's Forum (mental Health) — annual report and accounts, year ending 31 March 2025, page 14
Depreciation rates for tangible fixed assets are set at 5% annually for property improvements and 25% on a reducing balance for fixtures and fittings.
Tangible fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Improvements to property - 5% on cost Fixtures and fittings - 25% on reducing balance
Financial · Policy statement · From Independent Newham User's Forum (mental Health) — annual report and accounts, year ending 31 March 2025, page 13
Expenditure is recognized as soon as there is a legal or constructive obligation and it is probable that economic benefits will be transferred.
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably.
Financial · Policy statement · From Independent Newham User's Forum (mental Health) — annual report and accounts, year ending 31 March 2025, page 13
Legacies are recognized as income when the company is aware of probate being granted or a distribution intention from executors.
For legacies, entitlement is taken as the earlier of the date on which either: the company is aware that probate has been granted, the estate has been finalised and notification has been made by the executors to the Trust that a distribution will be made, or when a distribution is received from the estate.
Financial · Policy statement · From Independent Newham User's Forum (mental Health) — annual report and accounts, year ending 31 March 2025, page 13
The company recognizes income when it is probable that the income will be received and its amount can be measured reliably.
All income is recognised once the company has entitlement to the income, it is probable that the income will be received, and the amount of income receivable can be measured reliably.
Financial · Policy statement · From Independent Newham User's Forum (mental Health) — annual report and accounts, year ending 31 March 2025, page 13
INUF is negotiating a lease with a fast-food takeaway for £2,100 to £2,500 per month.
The lease with the fast-food takeaway is currently being negotiated and it should be finalised in March to April 2025. The rent being negotiated is between £2,100 and £2,500 per month.
Operational · Observational claim · From Independent Newham User's Forum (mental Health) — annual report and accounts, year ending 31 March 2025, page 12
INUF has been renting rooms to therapists and the NHS Newham Recovery College since early 2025.
INUF has been able to rent rooms to therapists and the NHS Newham Recovery college since the beginning of 2025.
Operational · Observational claim · From Independent Newham User's Forum (mental Health) — annual report and accounts, year ending 31 March 2025, page 12
INUF has a reasonable expectation of continuing operational existence for the foreseeable future.
After making enquires, the Trustees have a reasonable expectation that the Charity will have adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt a going concern basis in preparing the financial statements.
Financial · Commitment statement · From Independent Newham User's Forum (mental Health) — annual report and accounts, year ending 31 March 2025, page 12
INUF secured grants totaling £11,000 in the first quarter of 2025 to cover salaries.
With regards grant funding INUF has secured two grants totalling £11,000 in the first quarter of the 2025 calendar year which will be used to cover the salaries.
Financial · Observational claim · From Independent Newham User's Forum (mental Health) — annual report and accounts, year ending 31 March 2025, page 12
INUF's main source of income is from renting office spaces and rooms.
The charity's main source of income is from the letting of office spaces and room hire of Ithaca House.
Financial · Observational claim · From Independent Newham User's Forum (mental Health) — annual report and accounts, year ending 31 March 2025, page 12
INUF's financial statements were prepared in accordance with FRS 102 and the Charities SORP.
The financial statements have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to charitable small companies. The financial statements have been prepared in accordance with the Charities SORP (FRS 102) '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).'
Financial · Procedural statement · From Independent Newham User's Forum (mental Health) — annual report and accounts, year ending 31 March 2025, page 12
INUF's financial statements were approved by the Board of Trustees on November 20, 2025.
These financial statements have been approved by the Board of Trustees on 20 November 2025 and were signed on its behalf by: J Meek -Trustee
Governance · Procedural statement · From Independent Newham User's Forum (mental Health) — annual report and accounts, year ending 31 March 2025, page 11
INUF operates a Zero Tolerance policy regarding alcohol and recreational drugs on its premises.
INUF operates a Zero Tolerance policy relating to alcohol and recreational drugs on its premises. This has proved very effective in reducing potential untoward incidents and ensuring safety for all building users.
Operational · Policy statement · From Independent Newham User's Forum (mental Health) — annual report and accounts, year ending 31 March 2025, page 6
INUF has procedures in place to ensure compliance with health and safety regulations.
Procedures are in place to ensure compliance with health and safety, security and other potential risk areas by staff, volunteers, beneficiaries, trustees, occupants and visitors to the centre.
Operational · Policy statement · From Independent Newham User's Forum (mental Health) — annual report and accounts, year ending 31 March 2025, page 6
INUF is working on a reserves policy for the next financial year.
The trustees are working towards agreeing a suitable reserves policy within the next financial year
Financial · Commitment statement · From Independent Newham User's Forum (mental Health) — annual report and accounts, year ending 31 March 2025, page 4
INUF aims to educate the public about mental health disorders.
To educate the general public in the causes, treatment and consequences of mental health disorders
Service · Policy statement · From Independent Newham User's Forum (mental Health) — annual report and accounts, year ending 31 March 2025, page 3