Charity overview REDCAR AND CLEVELAND MIND

Charity number: 1002308
Removed charity

Activities - how the charity spends its money

OUR MISSION STATEMENT REDCAR & CLEVELAND MIND RECOGNISES THE VALUE OF PEOPLE WITH EXPERIENCE OF MENTAL DISTRESS AND WISHES TO LISTEN TO AND LEARN FROM THEM. WE SEEK TO FOSTER AND ENABLE USER CONSULTATION AND PARTICIPATION IN THE PLANNING AND DELIVERY OF MENTAL HEALTH SERVICES. OUR AIMS -À TO RESPOND TO THE EXPRESSED NEEDS OF PEOPLE WITH EXPERIENCE OF MENTAL DISTRESS -À TO INFLUENCE THE PLANNING AN

Income and expenditure

Data for financial year ending 30 June 2011

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.

Fundraising

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Trading

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Trustee payments

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