MERMAIDS

Charity number: 1160575
Regulatory alert
Charity reporting is up to date (on time)

Charity overview

Regulatory alerts

Activities - how the charity spends its money

Mermaids overarching aim is to create a world where gender diverse children and young people can be themselves and thrive; to this end, our goal is to relieve the mental and emotional stress of all those aged 19 years and under who are transgender, nonbinary and gender variant, as well as to promote education and awareness.

Income and expenditure

Data for financial year ending 31 March 2023

Total income:
£2,294,682

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Donations and legacies £2.03m
Charitable activities £186.97k
Other trading activities £47.24k
Investments £29.90k
Other £1.74k

Total expenditure:
£2,431,272

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Raising funds £262.38k
Charitable activities £2.17m
Other £0

-£32,857 investments gains (losses)

Total income includes £14,517 from 2 government grant(s)

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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Income generation and governance £262.38k
Charitable expenditure £2.17m

People

44 Employee(s)

10 Trustee(s)

106 Volunteer(s)

Employees with total benefits over £60,000

Number of employees
£60k to £70k 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

What the charity does:
  • Education/training
  • The Advancement Of Health Or Saving Of Lives
Who the charity helps:
  • Children/young People
How the charity helps:
  • Provides Services
  • Provides Advocacy/advice/information
Where the charity operates:
  • Throughout England And Wales
  • Northern Ireland
  • Scotland

Governance

Registration history:
  • 20 February 2015: CIO registration
  • 15 September 2016: Funds received from 1073991 MERMAIDS
Organisation type:
CIO
Other names:

No other names

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 does not own and/or lease 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

10 Trustee(s)

Name Role Date of appointment Other trusteeships Reporting status of other trusteeships
Kathryn Downs Chair 12 December 2023
CHASE PRIDE
Received: On time
DR TONY CLIVE HOCKLEY Trustee 12 December 2023
None on record
Ruth Chapple Trustee 14 February 2023
None on record
Hardeep Aiden Trustee 27 July 2022
None on record
Arlo Hilton Trustee 27 July 2022
None on record
Corey Lynn Stoughton Trustee 27 July 2022
None on record
Matthew Maddocks Trustee 27 July 2022
None on record
Mx Grey Collier Trustee 23 February 2021
None on record
Dr Katie Ellen McDowell Trustee 23 February 2021
None on record
Dr Belinda Mary Riddall Bell Trustee 10 May 2019
None on record

Financial history

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Financial period end date

Income / Expenditure 31/03/2019 31/03/2020 31/03/2021 31/03/2022 31/03/2023
Total gross income £715.33k £902.44k £1.85m £1.95m £2.29m
Total expenditure £406.70k £1.04m £1.18m £1.82m £2.43m
Income from government contracts N/A N/A N/A N/A N/A
Income from government grants N/A N/A N/A £9.45k £14.52k
Income - Donations and legacies £522.69k £666.11k £1.66m £1.66m £2.03m
Income - Other trading activities £36.30k £76.14k £72.33k £19.40k £47.24k
Income - Charitable activities £155.75k £159.00k £95.19k £201.13k £186.97k
Income - Endowments £0 £0 £0 £0 £0
Income - Investment £586 £1.19k £575 £19.03k £29.90k
Income - Other £0 £0 £22.77k £50.90k £1.74k
Income - Legacies £0 £240.14k £0 £0 £33.00k
Expenditure - Charitable activities £406.70k £999.84k £1.10m £1.72m £2.17m
Expenditure - Raising funds £0 £41.49k £80.82k £107.81k £262.38k
Expenditure - Governance £43.71k £261.83k £353.91k £450.32k £348.93k
Expenditure - Grants institution £0 £0 £0 £0 £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 31/03/2019 31/03/2020 31/03/2021 31/03/2022 31/03/2023
Own use assets £3.69k £6.30k £12.46k £19.27k £819
Long-term investments £10.34k £21.03k £333.78k £649.87k £430.74k
Other assets £458.12k £373.82k £706.52k £499.01k £645.62k
Defined benefit pension scheme asset or liability £0 £0 £0 £0 £0
Total liabilities £10.66k £97.86k £70.09k £43.94k £122.41k

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 March 2023 30 January 2024 On time
Accounts and TAR 31 March 2023 30 January 2024 On time Download Open in new window
Annual return 31 March 2022 26 January 2023 On time
Accounts and TAR 31 March 2022 26 January 2023 On time Download Open in new window
Annual return 31 March 2021 14 October 2021 On time
Accounts and TAR 31 March 2021 14 October 2021 On time Download Open in new window
Annual return 31 March 2020 06 January 2021 On time
Accounts and TAR 31 March 2020 06 January 2021 On time Download Open in new window
Annual return 31 March 2019 08 November 2019 On time
Accounts and TAR 31 March 2019 08 November 2019 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.

CIO - FOUNDATION REGISTERED 20 FEB 2015 AMENDED ON 21 SEP 2016 as amended on 23 Feb 2024

Charitable objects

TO RELIEVE THE MENTAL AND EMOTIONAL STRESS OF ALL PERSONS AGED 19 YEARS AND UNDER WHO ARE IN ANY MANNER AFFECTED BY GENDER IDENTITY ISSUES, AND THEIR FAMILIES, AND TO ADVANCE PUBLIC EDUCATION IN THE SAME.

Contact information

Address:
Regus
Princes Exchange
2 Princes Square
Leeds
West Yorkshire
LS1 4HY
Phone:
08088010400
Email:
info@mermaidsuk.org.uk
Website:

www.mermaidsuk.org.uk Open in new window