MERMAIDS
Charity overview
Regulatory alerts
- The Charity Commission has published a report Open in new window on its inquiry into the charity
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
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
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 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 | £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 | |
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£60k to £70k | 1 |
Fundraising
Trading
Trustee payments
What, who, how, where
- Education/training
- The Advancement Of Health Or Saving Of Lives
- Children/young People
- Provides Services
- Provides Advocacy/advice/information
- Throughout England And Wales
- Northern Ireland
- Scotland
Governance
- 20 February 2015: CIO registration
- 15 September 2016: Funds received from 1073991 MERMAIDS
No other names
- 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
10 Trustee(s)
Name | Role | Date of appointment | Other trusteeships | Reporting status of other trusteeships | ||||
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Kathryn Downs | Chair | 12 December 2023 |
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Robert James Naylor | Trustee | 07 May 2024 |
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DR TONY CLIVE HOCKLEY | Trustee | 12 December 2023 |
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Ruth Chapple | Trustee | 14 February 2023 |
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Hardeep Aiden | Trustee | 27 July 2022 |
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Arlo Hilton | Trustee | 27 July 2022 |
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Corey Lynn Stoughton | Trustee | 27 July 2022 |
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Matthew Maddocks | Trustee | 27 July 2022 |
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Dr Katie Ellen McDowell | Trustee | 23 February 2021 |
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Rev Grey Collier | Trustee | 23 February 2021 |
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Financial history
Financial period end date
Income / Expenditure | 31/03/2019 | 31/03/2020 | 31/03/2021 | 31/03/2022 | 31/03/2023 | ||
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Total gross income | £715.33k | £902.44k | £1.85m | £1.95m | £2.29m | |
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Total expenditure | £406.70k | £1.04m | £1.18m | £1.82m | £2.43m | |
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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 | N/A | N/A | £9.45k | £14.52k | |
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Income - Donations and legacies | £522.69k | £666.11k | £1.66m | £1.66m | £2.03m | |
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Income - Other trading activities | £36.30k | £76.14k | £72.33k | £19.40k | £47.24k | |
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Income - Charitable activities | £155.75k | £159.00k | £95.19k | £201.13k | £186.97k | |
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Income - Endowments | £0 | £0 | £0 | £0 | £0 | |
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Income - Investment | £586 | £1.19k | £575 | £19.03k | £29.90k | |
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Income - Other | £0 | £0 | £22.77k | £50.90k | £1.74k | |
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Income - Legacies | £0 | £240.14k | £0 | £0 | £33.00k | |
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Expenditure - Charitable activities | £406.70k | £999.84k | £1.10m | £1.72m | £2.17m | |
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Expenditure - Raising funds | £0 | £41.49k | £80.82k | £107.81k | £262.38k | |
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Expenditure - Governance | £43.71k | £261.83k | £353.91k | £450.32k | £348.93k | |
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Expenditure - Grants institution | £0 | £0 | £0 | £0 | £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 | 31/03/2019 | 31/03/2020 | 31/03/2021 | 31/03/2022 | 31/03/2023 | ||
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Own use assets | £3.69k | £6.30k | £12.46k | £19.27k | £819 | |
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Long-term investments | £10.34k | £21.03k | £333.78k | £649.87k | £430.74k | |
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Other assets | £458.12k | £373.82k | £706.52k | £499.01k | £645.62k | |
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Defined benefit pension scheme asset or liability | £0 | £0 | £0 | £0 | £0 | |
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Total liabilities | £10.66k | £97.86k | £70.09k | £43.94k | £122.41k |
Accounts and annual returns
Title | Reporting year | Date received | Received | Download |
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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 |
Governing document
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:
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Regus
Princes Exchange
2 Princes Square
Leeds
West Yorkshire
LS1 4HY
- Phone:
- 08088010400
- Email:
- info@mermaidsuk.org.uk
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