The total income of Mencap has fallen by around 5 per cent in the last year due to the sale of three of its colleges and an £11m fall in grants income, according to its latest set of accounts.
Mencap’s annual report for the year to March 2015, filed with Companies House on 10 September, show that the learning disability charity’s total income fell by £9.5m from £201.1m to £191.6m.
In its financial review, the charity said that this drop in income was due to the sale of its three colleges in 2014.
The accounts also show an £11m drop in income generated from grants and other income receivable, with Mencap receiving a total of £165.5m worth of grants in 2015m - a significant drop from the previous year.
In its strategic review, Mencap said it spent £4.6m on the design and construction of a new Children and Families Centre in Northern Ireland to house its Segal House Nursery. The building will open in early 2016.
Mencap said in its report that in the last 12 months it has improved its cost ratio of generating income with the charity now raising £3.03 for every £1 spent.
A new senior position created
Mencap’s accounts also confirm that the charity has created a new role within its senior management team. The charity is looking to hire a director of marketing and engagement, a role it hopes to fill by the end of the year, or early in 2016.
The report also clearly outlines the salary of Jan Tregelles, chief executive of Mencap. She was paid £139,091 for the last financial year.
The number of full-time equivalent staff at the charity fell from 6,082 to 5,802.
It said that 234 staff are listed as having a registered disability with a further 74 of those having learning disability.
Twenty two staff earned over £60,000 – 19 of whom were still employed with the organisation as of 31 March 2015 and three whose payments were included in their termination.
Mencap’s pension deficit grew by 11 per cent to £25.8m.
Jan Tregelles, chief executive of Mencap, said:"We have commissioned a £4.6m Early Intervention Centre for children in Northern Ireland, delivered 150 events to over 4,000 people that has helped more people with a learning disability to vote in the General Election through 'Hear My Voice', assisted hundreds of people with a learning disability into employment.
“Mencap wants a world where people with a learning disability are valued equally, listened to and included. We are determined to achieve this by changing attitudes, providing services and influencing those who can help us change the lives of people with a learning disability.
"We are focused on executing our new strategy and believe that we are well placed to achieve this important change.”
