MQ: TRANSFORMING MENTAL HEALTH
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
Donations and legacies | £2.12m | |
Charitable activities | £1.26m | |
Other trading activities | £0 | |
Investments | £97.11k | |
Other | £0 |
Total expenditure:
£2,576,673
Raising funds | £563.96k | |
Charitable activities | £2.01m | |
Other | £0 |
£0 investments gains (losses)
Charitable expenditure
Charitable expenditure with investment gains
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.
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 | |
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£60k to £70k | 2 |
£70k to £80k | 1 |
£120k to £130k | 1 |
£130k to £140k | 1 |
Fundraising
Trading
Trustee payments
What, who, how, where
- Education/training
- The Advancement Of Health Or Saving Of Lives
- Disability
- People With Disabilities
- The General Public/mankind
- Makes Grants To Organisations
- Provides Advocacy/advice/information
- Sponsors Or Undertakes Research
- Throughout England And Wales
Governance
- 19 January 2011: Standard registration
- INSIGHT: RESEARCH FOR MENTAL HEALTH (Previous name)
- 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
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 | ||||
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Shahzad Malik | Chair | 22 February 2017 |
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Fabrizio Campelli | Trustee | 03 October 2023 |
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Professor Ann John | Trustee | 17 April 2023 |
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James Edwin Palmer | Trustee | 16 January 2023 |
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Professor Rory O'Connor | Trustee | 06 July 2022 |
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Dr Helen Munn | Trustee | 23 June 2020 |
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Michael John Horvitz | Trustee | 23 June 2020 |
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Sarah Woolnough | Trustee | 03 December 2019 |
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John A Herrmann Jr | Trustee | 26 April 2017 |
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Financial history
Financial period end date
Income / Expenditure | 31/12/2019 | 31/12/2020 | 31/12/2021 | 31/12/2022 | 31/12/2023 | ||
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Total gross income | £1.32m | £1.99m | £1.87m | £3.54m | £3.48m | |
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Total expenditure | £3.81m | £2.35m | £2.07m | £2.73m | £2.58m | |
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Income from government contracts | N/A | N/A | N/A | N/A | N/A | |
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Income from government grants | N/A | £7.66k | N/A | N/A | N/A | |
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Income - Donations and legacies | £1.28m | £1.96m | £1.85m | £3.52m | £2.12m | |
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Income - Other trading activities | £0 | £0 | £0 | £0 | £0 | |
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Income - Charitable activities | £18.65k | £0 | £12.18k | £0 | £1.26m | |
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Income - Endowments | £0 | £0 | £0 | £0 | £0 | |
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Income - Investment | £27.56k | £17.27k | £11.46k | £21.83k | £97.11k | |
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Income - Other | £0 | £7.66k | £0 | £0 | £0 | |
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Income - Legacies | £0 | £0 | £2.00k | £0 | £0 | |
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Expenditure - Charitable activities | £3.32m | £1.92m | £1.59m | £2.20m | £2.01m | |
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Expenditure - Raising funds | £486.97k | £428.10k | £475.02k | £530.62k | £563.96k | |
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Expenditure - Governance | £49.45k | £50.55k | £44.79k | £76.03k | £0 | |
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Expenditure - Grants institution | £1.92m | £812.84k | £547.77k | £988.33k | £0 | |
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Expenditure - Investment management | £0 | £0 | £0 | £0 | £0 | |
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Expenditure - Other | £0 | £0 | £0 | £0 | £0 |
Assets and liabilities
Definitions for assets and liabilities
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 InvestmentsInvestments 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.
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 liabilityThis is a surplus or deficit in any defined benefit pension scheme operated and represents a potential long-term asset or liability.
Total liabilitiesThese 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.
Asset / Liability | 31/12/2019 | 31/12/2020 | 31/12/2021 | 31/12/2022 | 31/12/2023 | ||
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Own use assets | £7.21k | £3.40k | £10.46k | £14.83k | £15.41k | |
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Long-term investments | £0 | £0 | £0 | £0 | £0 | |
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Other assets | £4.35m | £3.98m | £3.79m | £4.65m | £5.39m | |
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Defined benefit pension scheme asset or liability | £0 | £0 | £0 | £0 | £0 | |
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Total liabilities | £215.37k | £213.15k | £216.09k | £266.01k | £105.60k |
Accounts and annual returns
Title | Reporting year | Date received | Received | Download |
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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 |
Governing document
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
UNDEFINED. IN PRACTICE, NATIONAL
Contact information
- Address:
-
6 Honduras Street
London
EC1Y 0TH
- Phone:
- 03000308100
- Email:
- info@mqmentalhealth.org
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