MQ: TRANSFORMING MENTAL HEALTH

Charity number: 1139916
Charity reporting is up to date (on time)

Charity overview

Activities - how the charity spends its money

The charity's main objectives for the period were to: 1. Grow and develop the infrastructure of the charity; 2. Develop and implement a Fundraising Strategy; 3. Develop and implement a Science Strategy and Knowledge Management infrastructure;

Income and expenditure

Data for financial year ending 31 December 2023

Total income:
£3,480,256

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Donations and legacies £2.12m
Charitable activities £1.26m
Other trading activities £0
Investments £97.11k
Other £0

Total expenditure:
£2,576,673

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Raising funds £563.96k
Charitable activities £2.01m
Other £0

£0 investments gains (losses)

Charitable expenditure

Charitable expenditure

Some charities generate all, or a substantial part, of their income from investments which may have been donated to the charity as endowment or set aside by the charity from its own resources in the past. Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth.

In managing their spending and investments charities need to strike a balance between the needs of future and current beneficiaries. They also need to take account of spending commitments that may stretch over a number of future years. To do this, charities will normally adopt an investment strategy designed to generate both income and capital growth. To maximise returns trustees may commit to investment strategies for several years.

Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charity’s capital or to invest part of its income.

By clicking the investment gains checkbox the charitable spending bar is adjusted to take account of capital growth as well as income. This shows the balance the charity is striking, between spending on current beneficiaries and retaining resources for future beneficiaries.

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Raising funds and other expenditure £563.96k
Charitable expenditure £2.01m
Retained for future use £903.58k

People

22 Employee(s)

9 Trustee(s)

4 Volunteer(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 2
£70k to £80k 1
£120k to £130k 1
£130k to £140k 1

Fundraising

No information available

Trading

This charity does not have any trading subsidiaries.

Trustee payments

No trustees receive any remuneration, payments or benefits from the charity.

What, who, how, where

Main way of carrying out purposes is grant making
What the charity does:
  • Education/training
  • The Advancement Of Health Or Saving Of Lives
  • Disability
Who the charity helps:
  • People With Disabilities
  • The General Public/mankind
How the charity helps:
  • Makes Grants To Organisations
  • Provides Advocacy/advice/information
  • Sponsors Or Undertakes Research
Where the charity operates:
  • Throughout England And Wales

Governance

Registration history:
  • 19 January 2011: Standard registration
Organisation type:
Charitable company
Other names:
  • INSIGHT: RESEARCH FOR MENTAL HEALTH (Previous name)
Company number:
07406055 Open in new window
Gift aid:
Recognised by HMRC for gift aid
Other regulators:
No information available
Policies:
  • Bullying and harassment policy and procedures
  • Campaigns and political activity policy and procedures
  • Complaints handling
  • Complaints policy and procedures
  • Conflicting interests
  • Engaging external speakers at charity events policy and procedures
  • Financial reserves policy and procedures
  • Internal charity financial controls policy and procedures
  • Internal risk management policy and procedures
  • Investing charity funds policy and procedures
  • Investment
  • Paying staff
  • Risk management
  • Safeguarding policy and procedures
  • Safeguarding vulnerable beneficiaries
  • Serious incident reporting policy and procedures
  • Social media policy and procedures
  • Trustee conflicts of interest policy and procedures
  • Trustee expenses policy and procedures
  • Volunteer management
Land and property:
This charity owns and/or leases land or property

Trustees

Trustees are the people responsible for controlling the work, management and administration of the charity on behalf of its beneficiaries. Generally trustees are treasurer, chair, board member etc. The trustees are responsible for keeping this list up to date and can do this by updating their details as they happen through the online service

9 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Shahzad Malik Chair 22 February 2017
None on record
Fabrizio Campelli Trustee 03 October 2023
None on record
Professor Ann John Trustee 17 April 2023
None on record
James Edwin Palmer Trustee 16 January 2023
None on record
Professor Rory O'Connor Trustee 06 July 2022
None on record
Dr Helen Munn Trustee 23 June 2020
DOCTORS OF TOMORROW IN ZIMBABWE ("DOTZ")
Charity reporting is overdue by 10 days
ST CHRISTOPHER'S SCHOOL (HAMPSTEAD) LIMITED
Received: 3 days late
Michael John Horvitz Trustee 23 June 2020
None on record
Sarah Woolnough Trustee 03 December 2019
None on record
John A Herrmann Jr Trustee 26 April 2017
None on record

Financial history

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Financial period end date

Income / Expenditure 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Total gross income £1.32m £1.99m £1.87m £3.54m £3.48m
Total expenditure £3.81m £2.35m £2.07m £2.73m £2.58m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A £7.66k N/A N/A N/A
Income - Donations and legacies £1.28m £1.96m £1.85m £3.52m £2.12m
Income - Other trading activities £0 £0 £0 £0 £0
Income - Charitable activities £18.65k £0 £12.18k £0 £1.26m
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £27.56k £17.27k £11.46k £21.83k £97.11k
Income - Other £0 £7.66k £0 £0 £0
Income - Legacies £0 £0 £2.00k £0 £0
Expenditure - Charitable activities £3.32m £1.92m £1.59m £2.20m £2.01m
Expenditure - Raising funds £486.97k £428.10k £475.02k £530.62k £563.96k
Expenditure - Governance £49.45k £50.55k £44.79k £76.03k £0
Expenditure - Grants institution £1.92m £812.84k £547.77k £988.33k £0
Expenditure - Investment management £0 £0 £0 £0 £0
Expenditure - Other £0 £0 £0 £0 £0

Assets and liabilities

Definitions for assets and liabilities
Own use assets

These are assets, other than investments, which are held for more than 12 months and used to run and administer the charity such as buildings, offices, exhibits and fixtures and fittings.

Long term Investments

Investments are assets held by the charity with the sole aim of generating income which will be used for their charitable purposes such as deposit accounts, shares, rental property and unit trusts.
Investment assets are re-valued every year and included in the balance sheet at their current market value.
Long term investments are held for more than 12 months.

Other assets

These are assets held generally for less than 12 months such as cash and bank balances, debtors, investments to be sold within the coming year and trading stock.

Defined benefit pension scheme asset or liability

This is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.

Total liabilities

These are all the amounts owed by the charity at the balance sheet date to third parties such as bills due but not yet paid, bank overdrafts and loans and mortgages.

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Asset / Liability 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2023
Own use assets £7.21k £3.40k £10.46k £14.83k £15.41k
Long-term investments £0 £0 £0 £0 £0
Other assets £4.35m £3.98m £3.79m £4.65m £5.39m
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £215.37k £213.15k £216.09k £266.01k £105.60k

Accounts and annual returns

This table shows the charity's record of submitting annual returns, accounts and trustees' annual report (TAR) for the last five financial periods.
Title Reporting year Date received Received Download
Annual return 31 December 2023 09 May 2024 On Time
Accounts and TAR 31 December 2023 09 May 2024 On Time Download Open in new window
Annual return 31 December 2022 10 May 2023 On Time
Accounts and TAR 31 December 2022 10 May 2023 On Time Download Open in new window
Annual return 31 December 2021 30 June 2022 On Time
Accounts and TAR 31 December 2021 30 June 2022 On Time Download Open in new window
Annual return 31 December 2020 23 June 2021 On Time
Accounts and TAR 31 December 2020 23 June 2021 On Time Download Open in new window
Annual return 31 December 2019 04 May 2020 On Time
Accounts and TAR 31 December 2019 04 May 2020 On Time Download Open in new window
Submit annual return Open in new window

Governing document

Details of the type of governing document the charity has and when it was established.
It is not the full text of the charity's governing document.

MEMORANDUM AND ARTICLES INCORPORATED 13/10/2010 AS AMENDED BY SPECIAL RESOLUTION REGISTERED AT COMPANIES HOUSE ON 17/01/2011 AS AMENDED BY CERTIFICATE OF INCORPORATION ON CHANGE OF NAME DATED 31/12/2012 AS AMENDED BY SPECIAL RESOLUTION(S) DATED 06 MAY 2016

Charitable objects

GOVERNING DOCUMENT (ARTICLES OF ASSOCIATION) BASED ON CHARITY COMMISSION PRECEDENT. THE OBJECTS OF THE CHARITY ARE 1. TO PROTECT, PRESERVE, FOSTER, PROMOTE AND ADVANCE ALL OR ANY ASPECTS OF THE MENTAL HEALTH AND WELFARE OF HUMANKIND AND TO ADVANCE AND PROMOTE KNOWLEDGE AND EDUCATION BY ENGAGING IN, ENCOURAGING, FUNDING AND OTHERWISE SUPPORTING: (A) SCIENTIFIC RESEARCH OR OTHER RESEARCH INTO THE NATURE, CAUSES, DIAGNOSIS, PREVENTION, TREATMENT AND CURE OF ALL FORMS OF MENTAL ILLNESS; AND (B) THE DISCOVERY, INVENTION, IMPROVEMENT, DEVELOPMENT AND APPLICATION OF TREATMENTS, CURES, DIAGNOSTICS AND OTHER MEDICINAL AGENTS, METHODS AND PROCESSES THAT MAY IN ANY WAY RELIEVE ILLNESS, DISEASE, DISABILITY OR DISORDERS OF WHATEVER NATURE IN HUMAN BEINGS THAT IS OR MAY BE CAUSED, IN WHOLE OR IN PART, BY ANY AND ALL FORMS OF MENTAL ILLNESS; 2. TO ADVANCE AND PROMOTE KNOWLEDGE, PUBLIC UNDERSTANDING, PUBLIC ENGAGEMENT AND EDUCATION BY ENGAGING IN, ENCOURAGING AND SUPPORTING: (A) THE STUDY AND UNDERSTANDING OF MENTAL ILLNESS AND MENTAL HEALTH AND WELFARE. (B) RESEARCH INTO THE HISTORY OF MENTAL ILLNESS AND MENTAL HEALTH AND WELFARE. IN EACH CASE WITH THE INTENTION OF PRODUCING RESULTS THAT ADD OR MAY ADD TO SCIENTIFIC KNOWLEDGE

Area of benefit

The area the charity can operate in, as set out in its governing document.

UNDEFINED. IN PRACTICE, NATIONAL

Contact information

Address:
6 Honduras Street
London
EC1Y 0TH
Phone:
03000308100
Email:
info@mqmentalhealth.org
Website:

www.mqmentalhealth.org Open in new window