College of Mental Health Pharmacy - Charities report

REGISTERED COMPANY NUMBER: 07124743 (England and Wales)

REGISTERED CHARITY NUMBER: 1141467

Report of the Trustees and

Unaudited Financial Statements for the Year Ended 31 March 2025

for

College of Mental Health Pharmacy

Page

Report of the Trustees

1

to

6

Independent Examiner's Report

7

to

8

Statement of Financial Activities

9

Balance Sheet

10

to

11

Notes to the Financial Statements

12

to

17

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

CHARITABLE AIMS

To advance education in the practice of mental health pharmacy and to promote and disseminate research for the public benefit in all aspects of that subject.

Each aspect of our work contributes to our charitable aims in some way. For example:

- Continued delivery of Psych 1 and Psych 2 educational courses, including expansion into the Southern Hemisphere, providing global access to mental health pharmacy education.

- Active contribution to national consultations and mental health guidelines, influencing best practice and policy.

- Collaboration with partner organisations to improve public understanding of psychiatric medicines and their use.

- Credentialing and re-credentialing pathways that support professional development and recognise expertise.

- Peer support through our email discussion group and events such as our international conference.

- CMHP remains a vibrant community of professionals committed to improving knowledge and understanding in mental health pharmacy, ultimately enhancing patient care.

OBJECTIVES AND ACTIVITIES

Objectives and aims

To ensure that people with mental health conditions receive the best treatment with medicines tailored to their individual needs, ensuring pharmaceuticals are used appropriately and effectively.

ACTIVITIES UNDERTAKEN FOR THE PUBLIC BENEFIT

In planning the charity's activities for the year, the trustees complied with the requirements of s17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission.

ACHIEVEMENTS AND PERFORMANCE

Main achievements summary

Implementation of Strategic Plan: Continued progress on our four golden threads:

- Advocating for equality, diversity and inclusion in mental health pharmacy.

- Reducing stigma through co-produced practice with people with lived experience.

- Delivering high-quality outputs to position CMHP as the leading authority in mental health pharmacy.

- Embedding sustainability and climate-conscious practices in mental health pharmacy.

Education and Training:

- Successful delivery of Psych 1 and Psych 2 courses, including international expansion.

- Development of new educational resources and updates to existing content.

Credentialing and Professional Development:

- Ongoing credentialing and Foundation Certificate pathway.

- Launch of joint credentialing process with the Royal Pharmaceutical Society.

Research and Recognition:

- Continued partnership with Pharmacy Research UK for practice research awards.

- Awarding of educational bursaries to support professional growth.

Engagement and Communication:

- Hosting of AGM during the 2024 international conference.

- Regular publication of PsychBites newsletter with updates from Council and members.

- Growth of social media presence across Facebook, Instagram, and LinkedIn.

Collaboration and Influence:

- Feedback on consultations from NICE, MHRA, RPS, Welsh Government and others.

- Media commentary and expert input in publications such as the Pharmaceutical Journal.

- Continued collaboration with organisations including APTUK, BAP, CPPE, CPC, NAPICU, NHSE, RPS, and RCPsych.

International Reach:

- Strengthening links with members and organisations in Ireland, Australia, New Zealand, and beyond.

Community Support:

- Ongoing sharing of best practice and advice through the CMHP e-group and member networks.

FINANCIAL REVIEW

Financial position

At 31 March 2025 the charitable company had free reserves of £415,523 (2024 - £364,729). The net surplus for the year of £50,794 represents a reduction when compared to the previous year's surplus on ongoing activities of £54,815.

Reserves policy

Charitable free reserves are defined as income which becomes available to the charitable company and is to be spent at the trustees' discretion in furtherance of any of the charity's objectives, but which is not yet spent, committed or designated.

The free reserves of the charitable company are represented by the accumulation of cash reserves from surpluses of income over expenditure in both the current and past financial years. The charitable company currently has annual running costs of approximately £200,000 that require financing before retaining most of its free reserves for the purposes of financing its future charitable objectives.

The level of free reserves is reviewed regularly by the trustees and the charitable company's reserves stance is to maintain accumulated funds at a sufficient level to cover the annual running costs of the charitable company for the foreseeable future with any surpluses used to support future charitable objectives.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, deed of trust and constitutes a limited company limited by guarantee as defined by the Companies Act 2006.

The College of Mental Health Pharmacy is a registered charitable company number 1141467, governed by its Memorandum and Articles of Association and incorporated on 23 January 2010.

The company was granted charitable status on 15 April 2011.

Organisational structure

The charitable company is administered by the trustees comprising of the individuals who are the trustees of the charitable company at any given time, including the first trustees and their successors. In selecting individuals for appointment as trustees, the trustees have regard to the skills, knowledge and experience required for the effective administration of the charitable company.

Management

The management of the charitable company is vested in the officers of the College comprising President, Vice President, Immediate Past President, Honorary Treasurer, Honorary Secretary and Registrar who together with other elected council members, are directors for the purpose of company law and trustees for the purpose of charity law.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered charity name: College of Mental Health Pharmacy

Charity registration number: 1141467

Company registration number: 07124743

Registered office and principal address: 23 Southway, Burgess Hill, West Sussex RH15 9SY

OFFICERS OF THE COLLEGE

The officers, who were all directors and trustees of the charitable company during the year, were as follows:

President: Karen Shuker

Immediate Past President: Rosalind Gittins

Vice President: Nicole Greenhalgh

Honorary Treasurer: Tara Gallagher

Honorary Secretary: Petra Brown

Registrar: Beryl Navti

The officers, who are all directors and trustees of the charitable company at the date of approval of these financial statements are as follows:

President: Karen Shuker

Immediate Past President: Rosalind Gittins

Vice President: Nicole Greenhalgh

Honorary Treasurer: Tara Gallagher

Honorary Secretary: Petra Brown

Registrar: Beryl Navti

MEMBERS OF THE COLLEGE COUNCIL

The members, who are all directors and trustees of the charitable company at the date of approval of these financial statements, are as follows:

Petra Brown - Honorary Secretary

Rosalind Gittins - Immediate Past President

Kiran Hewitt - Council Member

Ciara Ni Dhublaing - Council Member

Karen Shuker - President

Michael Dixon - Council Member

Tara Gallagher - Honorary Treasurer

Abiola Allison - Council Member

Nicola Greenhalgh - Vice President

Orla Macdonald - Council Member

Yogita Dawda - Council Member

Amanda Wheeler - Council Member

Katie Evans - Council Member

Beryl Navti - Registrar

Louise Revell - Council Member

Jaspreet Sohal - Council Member

SUPPORT TEAM OF THE COLLEGE COUNCIL

Wendy Gundry, ASL Consultancy - Executive Assistant and Membership Officer

Alan Pollard - Admin Support for Credentialing and Education Events

Eleanor Harwood - Communications Consultant

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

07124743 (England and Wales)

Registered Charity number

1141467

Registered office

Lancaster Court

8 Barnes Wallis Road

Fareham

Hampshire

PO15 5TU

Trustees

Mrs R E Gittins Director

Ms C Ni Dhublaing Director

Ms K Shuker Director

M Dixon

Mrs T L Gallagher

A A M Allinson

Miss N L Greenhalgh

Professor A J Wheeler Academic

Ms Y Dawda Pharmacist

Ms O Macdonald Pharmacist

Mrs B B Navti

Miss K L Evans

Miss L Revell

Mrs J K Sohal

K Hewitt

P Brown

Independent Examiner

Swindells LLP

Chartered Accountants

Atlantic House

8 Bell Lane

Bellbrook Industrial Estate

Uckfield

East Sussex

TN22 1QL

OTHER INFORMATION

Website: www.cmhp.org.uk

Social Media: Facebook, Twitter and LinkedIn Accounts: Visit College of Mental Health Pharmacy

Approved by order of the board of trustees on 12 December 2025 and signed on its behalf by:

Ms K Shuker - Trustee

Independent examiner's report to the trustees of College of Mental Health Pharmacy ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1.	accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

2.	the accounts do not accord with those records; or

3.	the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

4.

the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

Ian Jenkins BSc FCA

The Institute of Chartered Accountants in England and Wales

Swindells LLP

Chartered Accountants

Atlantic House

8 Bell Lane

Bellbrook Industrial Estate

Uckfield

East Sussex

TN22 1QL

23 December 2025

2025

2024

Unrestricted

Total

fund

funds

Notes

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

2

42,962

35,379

Charitable activities

213,144

170,210

Investment income

3

2,758

2,986

Total

258,864

208,575

EXPENDITURE ON

Charitable activities

168,825

121,942

Support costs

39,245

31,818

Total

208,070

153,760

NET INCOME

50,794

54,815

RECONCILIATION OF FUNDS

Total funds brought forward

364,729

309,914

TOTAL FUNDS CARRIED FORWARD

415,523

364,729

2025

2024

Unrestricted

Total

fund

funds

Notes

£

FIXED ASSETS

Tangible assets

11

58

73

CURRENT ASSETS

Debtors

12

18,656

22,110

Cash at bank

421,391

367,291

440,047

389,401

CREDITORS

Amounts falling due within one year

13

(24,582

)

(24,745

)

NET CURRENT ASSETS

415,465

364,656

TOTAL ASSETS LESS CURRENT LIABILITIES

415,523

364,729

NET ASSETS

415,523

364,729

FUNDS

14

Unrestricted funds

415,523

364,729

TOTAL FUNDS

415,523

364,729

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a)	ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 12 December 2025 and were signed on its behalf by:

K Shuker - Trustee

T L Gallagher - Trustee

1.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The presentation currency in the financial statements is the Pound Sterling (£).

The charitable company has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':

•

the requirements of Section 7 Statement of Cash Flows.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Membership subscriptions which give a member the right to buy services or other benefits are recognised as income earned from the provision of goods and services as income from charitable activities otherwise as donations.

Income from interest royalties and dividends are included in the financial statements when the receipt is probable and the amount receivable can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

20% on reducing balance

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Deferred income

Deferred income has been recognised in regards to training events and study day fees received in advance.

2.	DONATIONS AND LEGACIES

2025

2024

£

Membership subscriptions

42,962

35,379

3.	INVESTMENT INCOME

2025

2024

£

Deposit account interest

2,758

2,986

4.	SUPPORT COSTS

Governance

Management

Finance

costs

Totals

£

Charitable activities

2,105

-

2,105

Support costs

36,299

205

2,741

39,245

38,404

205

2,741

41,350

Governance costs include £2,741 (2024 - £2,630) payable to the independent examiner for examination of the accounts.

5.	NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2025

2024

£

Depreciation - owned assets

15

18

6.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.

Trustees' expenses

Travel, subsistence and accommodation expenses paid to the trustees in respect of attending committee meetings during the reporting period amounted to £9,425 (2024 - £4,952).

7.	EMPLOYEE NUMBERS

There were no employees in the current year or the previous year.

8.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

fund

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

35,379

Charitable activities

170,210

Investment income

2,986

Total

208,575

EXPENDITURE ON

Charitable activities

121,942

Support costs

31,818

Total

153,760

NET INCOME

54,815

RECONCILIATION OF FUNDS

Total funds brought forward

309,914

TOTAL FUNDS CARRIED FORWARD

364,729

9.	COMPANY LIMITED BY GUARANTEE

The company is limited by guarantee with the liability of its members limited to £1, being the amount each member is required to contribute towards any outstanding debts and liabilities upon the winding up of the company.

10.	CHARITABLE STATUS

The company was granted charitable status by the Charity Commission of 15 April 2011, with the registration number 1141467.

11.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 April 2024 and 31 March 2025

5,006

DEPRECIATION

At 1 April 2024

4,933

Charge for year

15

At 31 March 2025

4,948

NET BOOK VALUE

At 31 March 2025

58

At 31 March 2024

73

12.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

15,940

18,980

Other debtors

-

2,326

Prepayments and accrued income

2,716

804

18,656

22,110

13.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Other creditors

-

1,445

Accruals and deferred income

24,582

23,300

24,582

24,745

Deferred income of £17,555 (2024 - £18,800) included in creditors relates to training events, study days, membership fees and commission received in advance.

14.	MOVEMENT IN FUNDS

Net

movement

At

At 1.4.24

in funds

31.3.25

£

Unrestricted funds

General fund

364,729

50,794

415,523

TOTAL FUNDS

364,729

50,794

415,523

Net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

Unrestricted funds

General fund

258,864

(208,070

)

50,794

TOTAL FUNDS

258,864

(208,070

)

50,794

Comparatives for movement in funds

Net

movement

At

At 1.4.23

in funds

31.3.24

£

Unrestricted funds

General fund

309,914

54,815

364,729

TOTAL FUNDS

309,914

54,815

364,729

Comparative net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

Unrestricted funds

General fund

208,575

(153,760

)

54,815

TOTAL FUNDS

208,575

(153,760

)

54,815

15.	RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2025 nor for the year ended 31 March 2024.

16.	ULTIMATE CONTROLLING PARTY

The company is under the ultimate control of its members comprising the memberships of its two former unincorporated organisations, the United Kingdom Psychiatric Pharmacy Group and the College of Mental Health Pharmacists.