REGISTERED COMPANY NUMBER: 02193270 (England and Wales) REGISTERED CHARrrY NUMBER: 1007625 REPORT OFTHE TrusfEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024 FOR LEEDS MIND (A COMPANY UMITED BY GUARANTEE) Leeds Thomas Coombs Limited ststutory Audltor Chartered Accountsnts 3365 The Pentagon Century Way Thorpe Park Leeds West Yorkshire LS15 8za LEEDS MIND CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31sr MARCH 2024 Page Refereru and Admlnlstrathitt Dets¥s A•pwt of th¢ Tiustees 2 to 13 Report ofthe kndependent Avdttors 14 to 16 Staternent of FinaTrcl•l Artlvttles 17 Bal•n¢e Sheet 18 Cash Flow Statement 19 Notes to the Cash Flow Statement 20 Note5to the Fln•nclal Statements 21 to 36 Detsiled Statement of Flnanclal Aelivitie5 37 to 38 LEEDS MIND REFERENCE AND ADMINisfRATIVE DEfAILS FOR THE YEAR ENDED 31sr MARCH 2024 Trustees: Linda Grant Jen Murgatroyd Sarah Bronsdon David Gee AndyGraham eryl Astley Rebecca Lasseko Luke Barrett Ayesha Akram Mario Caswell Fiona Venner Kathryn Lupton Tracy Common5 Michael Gartside Heather Gibson-Simp50n Caroline McGrath Blane Watson Ire5igned 5th December 2023) Iresi&ned Ph October 20241 (resigned Str. June 20241 (resigned 5th December 20231 Iresi8ned 15th October 2024) (re￿￿ed 16th January 20241 Ire5igned 19th Septernber 20231 Co Chair (appointed 20th June 20241 (appointed 20th June 20241 Ire5igned 5th August 20241 (appointed 20th June 20241 (appointed 20thJune 20241 (appointed 20th June 20241 CompanySecret8ry Lucy Hancock The members of the senior leadershlp team at 31 March 2024 were: Lucy Hancock Chief Executive Elolse Bell Head of People and Culture Andrew Lowe Interlm Flnante Lead Myrlam Barker Interim Business Development Lead RhysToone Operations Director Charlty numb•r ILK17625 Company number 02193270 Prlndpal and re8lstered office Clarence House li aaren￿ Road Horsforth Leeds LS18 4LB Authlor Thomas Coombes 3365 The Penta80n, Century Way, Thorpe Park. Leed5 LS15 8ZB Bahkers Unity Trust Bank Nine Brindley Place Birmingham BI 2JB Page I LEEDS MIND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2024 The Trustees are pleased to present thelr annual report together with the financial statements of the charity for the yÈar ended 31 March 2024. the annual report Is also prepared to meet the requirements for a Directors, report and Financial Ststements for Companie5 Act purp05es. The flnanclal statements complywith the Charitie5 Act 2011, the Companies Act 2￿6, the Ar￿cleS of Assoclatlon and Accountlng and Reporting by Charities,, Statement of Recommended PrartI￿ a￿lcable to charltles preparlng thelr Flnanclal Statements in accordance wlth the Flnanclal Reporttng Standard appllcable in the UK and Republic of I￿land IFRS1021 (effective l January 20191. Referen¢e and Admlnlslratlve Detalls The Charlty Infomiation page form5 part of this report. Page 2 LEEDS MIND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2024 OBJECTIVES AND AcfiviTIES Leeds Mlnd Is a registered charity, The charlty'5 objectlves as set out in the memorandum and artfcles ofassociadon are to promote the preservation of good mental health and to relieve the needs of people wlth mental health dlfflculties by working to increase the understanding of mental health. The area of benefft is Yorkshire. The aims, objectlves and activlt5es of the charity are revlewed regularly, and achievements assessed. When reviewing these and in plannin$ future acttvldes, the Tiustees have complied with the duty In sectlon 17 of the Charities Act 2011 to have due regard to publlc benefit auldance published by the Charlty Commlsslon. The current strategy. launched in June 2022, runs for three years from 2022 to 2025. ThSs strategy sets out lour strategk plllars,. We Connert Minds: bringln8 people together to make change In our Communities; We Support Minds.. dellvering life-changln8 support; We ChanEe Mind5'. speaking out and maklng mental health everyone's buslness; Together, we are Leeds Mlnd.. working together to become a more Inclusive and $ustalnabSe organIsa￿on. The second year of our strategy has been one of slgnifitant ¢han8e and with increaslng ￿￿ertaInty from external envlronment and changes at Board and Senior Leadership Team level. During the year to 31 March 2024 services were delivered in the following areas.. Tralnlng includSng help for employers al￿ anti- stlgma work, Employment, Flnanclal Wellbein& Peer Support, Counsellln& Befriending, Sulcide Bereavement Services, Creattve Arts, Young People's sUPPOrt and cultural diversity. Leeds Mind is a strategic partner in the Leeds communlty based mentsl wellbeing service, Live Well Leeds and clWlde social prescrlbing service, Linkln8 Leeds. In th55 perlod, Leeds Mlnd mobili5ed a new Barber's proiecl, secured funding to expand our 5ui¢ide bereavement services. Con￿nUed our flnanclal wellbeing offer, as well as new servlces mbilised as noted under successes and achievements. The Employment Service, which operates under the name of WorkPlaceLeeds. supports clients in finding pald work, tralnlng and edutation, volunteerin& and work placements. Support and advoca¢y are also provided to enable people In work to retain their jobs through the job retentlon servlce. An IT training sulte helps people galn appropriate skllls. These seNices are delivered in close collaboration wlth the West Yorkshire Integrated Care Partnershlp of which Leeds InteBrated Care Board is part and commlsslons the seNlce with part fundlng from Leeds Clty Council. The service is an IPS model which 15 externally audited by IPS GROW agalnst the Fidelity standards and audSted quarterly. The IC8 has redU￿d servlce funding over the year which has imparted delivery and staffing. In the prevlou5 year Leeds Mlnd and Mind In Bradford had signed a collabofation agreement for ttvo lolnt posts to be re¢ruited and shared acros5 both organisa￿On$ as Westyorkshire rM)Sts, this wasthe Buslness Development Dlrertorand Tralning and Development Lead; both posts started in role In September 2022. These posts are overseen by the West Yorkshire Mind steering commlttee, comprlslnB the trustee Chairs, trustee repreSenta￿ve$ and CEOS from both organisations, Thls development was part of ongolng feasibility work for closer Collabora￿On between both organisations with the airn of reachlng more beneflcSarles across West Yorkshlre localitie5. Due to dlffering needs and positions of both organisations the declsion was reached to bring thesejoint positions to an end.. the West Yorkshire steering commlttee remains In place though actlvlty was reduced durln8 in the year to enable each organisation to prior1￿se their own requlrements. Our Peer Support and Llved Experience Serylces offer a range of workshops, courses. support ?nd activity groups to help people develop skllls to better manage thelr mental health. We have lived experience services working alongslde the communlty mental health teams and mental health rehabllitation and recovery units delfverlng a range of therapeutic 121 and Broup interventions. Our lived experience seNices are delivered by a ￿aff team and volunteers who have their own lived experience of ment81 health dlfflculties. Our expanded peer 5UPPOrt provislon Includes leading a su¢ces5fv1 partnershlp under the mental health community transfomiation pro8ramme and 5UPPOrt for neurodlverse and LGTBQl+ communities. We deliver the Leed5 suicide Bereavement Servlce, In partnership wlth Leeds Survivor Leeds Crisi5 Servlce and the West Yorkshire Sulcide Bereavement Service whlch Includes the Kirklees Familyservice. These are p05trentTon services dellvered by staff who have lived experience of sulclde. The seNice works With all people who have been affected by suicide In their live5. Due to evolution of the Leeds service the partnership with Leeds Survivor Lead Cri$ls Servlce came to a natural end durin8 thls year. OurCounsellln8Serviceoffers one to one supportthrough a low.cost routeorthrough prlvate practice. The aim of the privatepTactice sessions Is to fund the Iow-¢05t 5es5ion5. The service is delivered by volunteer and paid counsellor5 all offering a person-centred approa¢h. Due to concerns over the service's sustalnability. a remodelling exercise was undertaken through quarter four with a new model in place for the comlng year. The Befrien&in8 Services offers a one-to.one servlce for people over fifty living in Leeds who experience mental health drffi¢ulties. Vnfortunatelyl due to los$ of fundin8 this servl¢e came to an end In July 2023. Page 3 LEED5 MIND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2024 The CreatSve Art5 service, Inkwell, whlch had changed Sts model to befully communltylocation based in the prevlousyear, and worked with communities Sn hSgher areas of deprivation came to close In March 2024 due to1055 of statutory fundlng. This in addition to the end of non-recurrent funded services, includlng sulclde preventlon crisis support, suiclde coproduthon and Boost projects came to an end. Leeds Mlnd has dellvered 5UPPOrt to yovng people through our THRU peer support servlce for approximately flve years. Over the course of the prevlous year our Young People's offer expanded to develop the Youth In Mind Setvlce, providing a trauma informed approach to support. The Youth In Mind servlce has been fully toproduced with young people le3dlng the delivery and desl8n of thé servfj￿. The expanslon brought together our youn8 people's services under one umbrella with a slnBle point of atcess and qulck referral route In for young people In need of support. Thls has cont5nued to be succe$5ful over the year. The THRU se￿1￿ went throLigh competltive tender In Autumn 2023,. the speclficadon requlred a partnership appro3¢h In response to the tender and was led by one of our communlty partners. Unfortunately. thls bid was unsuccessful resulfjng in an exlt plan being Implemented for THRU towards the end of the perlod. Ourconsortlum service5 comprise of the soclal prescrlblngservice, Llnkin8 Leeds and a communlty wellbeing service, Live Well Leeds. The Linking Leeds service Dffers people the opportunity to Improve and enhance thelr day to day Ilves by connecdng them to groups and services wlthln their local community. Leeds Mind is a lead delivery partner in the elty.wide servlce Linking Leeds which Is led by Insplre North was in its final year of dellvery durlnB this year. Live Well Leeds servlce is led by fouchstone wlth Leeds Mlnd a5 a strate8ic partner dellvering one to one and group work across the Clty for people wlth a range of mental health dlffieulties. Overall, the financial Crisis has Impacted statutDry funding sourtes signiflcantly affethng third sector orEanISa￿UnS deeplyi Leeds Mind has been afferted by cuts to statutoryfundlngfora number of our key contracts and has been impacted bythe non-continuation of fundlng for specific projects a5 noted above. Wlthin the year we have seen closure of our Inkwell crea￿Ve Arts servlce. Financial pressures have also affected trusts and foundations with increasln8 coMpeti￿On for fund5 due to statutory cuts. In addltion, voluntary income has remained a challenge. The Leeds Mind aLrtumn ball scheduled for October 2023 was cancelled due to poor ticket sales with the focus shifted to the remainlng fundraisin8 events in the year. Performance report5 are provided on a re8ular basls to service CDmmis5ioners. demonstratlng how the funds are used to make dlfference to people using our services. The focus is on recovery and community engagement, and there are regular reviews on the best tools to measure clientjourneys. The Outcome 5tsr, Work Star and the Warwick-Edinbur6h Mental WellbelnB Seèle IWEMWBSI are key meisurement tools. In the past Year and tollowing support of one of our charity partner5 we have started to develop s¢xlal impart reporting to better demonstrate the value of seNices. We continue to dellver hlBh quality tralnin8 to a wlde range of employers. We deliver the accredited Mental Health Flrst Aid and bespoke courses to Improve the mental health and wellbeing In the workplace. In the last year we have introduced suiclde preventlon tralning back into our trainlng offer. We are an athve member of Forum Central, the alliance of all voluntsry sector organlsations In Leeds as well as a range of other networks across West York5hlre. We are also the Mindful Employer lead for Leeds and coordinate an active network of employers in the city with the aim of f05terlng positive attitude5 to mental health In the workpla￿. At Nadonal Mind. their change programme has been fulty Srnplemented over the last year. with a fo¢u5 on Federatlon first and more opportunrties for closer working wlth loeal Minds. It has been kK)sitive to see thls change alonBside the change5 to the National Mind strategy with more focus on equity. Page 4 LEED5 MIND REPORT OF THE TRusfEES FOR THE YEAR ENDED 31ST MARCH 2024 OBJEcnvES AND AcfivmES Staff Jnd volunteèrs We would like to record ourthanks to the hl8hly skilled staff team who show so mLKh dedication arKJ commltment to their work and to Leeds Mind. We are a150 very fortunate to work with around 80 excellent and commltted volunteers, in addltion to ourTrustees. They are active in varlous roles around the organisation partitularly In our Befriendin8, Lived Experience, Counsellin& groups and vents. Without thelrcontinued support it would not be posslble to continue to offer the same hlgh level of service. We hope to renew our Investors in Volunteers stsndard later In 2024, refiectlng the 5UPPOrt arKI opportunltles we provide to our volunteers. Leeds Mlnd has robust re￿￿ltment processes. includlng the use of Dlxlosure and 8arring Service thecksfor staff and voluntèers. We have developed our recrultment pro¢esse5 to improve accessSblllty and committed to cont6nuous Improvement to ensure we are a welcoming and inclusive organisation true to our values. We malntsin our practtce and development of being a flexlble employer through our flexlble workin8 and reasonable adjustments policy and practice, as well as becoming a ol￿billty Confident employer in the last year. Leeds Mind places considerable value on the Involvement of employees and volunteers, over the last year we have begun work on staff engagement through our Voltes network5 and Values worklng groups to share and inform matters affetttng them and the or8anlsation. In addltlon, we have a monthly newsletter, three whole organi5atlon meetfjngs a year Informed by stsff feedback, volunteer forums and monthly team meettngs. The CEO. Lucy Hancock implemented regular video updates during the last year and Peopleand Culture SharePolnt has been developedto hostand streamline organisation communications and feedback. AWellbein8 Group Is responslble of implementing the wellbeing strategy and promotes the wellbei￿% of all our stsff and volunteers. Page 5 LEEDS MIND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31sr MARCH 2024 STrATEGIC REPORT Achievements and performance The last year has seen SiBnificant d)an8e at Leeds Mind. with changes at Senior leadershlp and Board level. Linda Grant. our long- stsndin8 Chair of Trustees stepped down at the AGM in December 2024. coming to the end of her nine-year term. We express our thanks to Lindafor her leadership, commltment and dedication to Leed5 Mind. She will be mud) missed. Wecommenced recruitment for a new Chalr in Autumn 2023 with thi5 process orw)ing into the new financial year 2024-2025. In addltion, Leeds Mind Head of Finano and IT. Uzma Younus, left the orBanisation in August 2023 and Steven Bancroft. West York4hlre Business Development Dlrector left in October 2023. An organisation review was undertaken in autumn 2023,. the major changes in the organisation acted 35 a catalyst for the review. along with historical capacity challenges, and evolving organisational culture postyndemic meant the organisatton required a re- evaluation of our position in preparation for our nèxt strategy and the environment we found ourselves worklng in. From the review we have developed a longer term and iterdtive plan for the organi5ation that addresses where we are now and more importantly where are we going. An implementstion programme began at the end of March 2024 and continued in the new financial year. We have developed our orBanisational culture to a more Wdlues led approach and focu5sed on diversifying our workforce, commitment to inclusion. and accessibility to reflect and meaningfully engage the communities we are working with. We have moved forward in these areas over the course of the year, wlth Increasing proportions of those accessln8 services from culturally diverse118%1, LGBTQIA+117%} and neurodiverse communities125%1, although we recognlse that more work needs to be done to Increase a¢ces5 to people from areas of deprivatlon. In De￿mber 2023, the Board tookthe decision to move away from the NJC payscale5 the or8anis3tion has historically followed, Thls was due to Increasing financial uncertalnty and unaffordability of the NJC; the Board wanted to ensure a more sustalnable approach for the organisatlon. Followln8 Staff engagement and feedback a new pay policy structure was developed for implementatlon in the new financial year. The need for mentsl health servlces continues to rise. We have continued to see an Increase in demand for financlal wellbeln8 and youn8 person's support. In 2023-2024, we supported 9633 people with many of our services seeln8 significant percentage increases - IncludlnE the West Yorkshire Sulclde Bereavement Service114% increase). Peer Supportl26%} and SupportforYoun8 People1376%1. In 2023/24, 1 in 4 of the people accessing our support was aged 25 or under (up from I In 5 in 20221231. This is in line with our strategy to support children and young people, and partly thanks to our new Youth in Mind support service. With the move to a fullv community locat6on based model, Inkwell Arts supported nearly 200 people in community sethngs, while Monèy & Me, our ploneering new mental health and finandal wellbein8 service, opened up to referra15 durin8 the onset of the Cost of Livin8 Crisis as demand for finanual wellbein8 5UPPOrt soared. Now in its first full year since launch in 2022123. Money & Me has supported 122 people. Our mental health training w35 affected by the West Yorkshire Mind changes, however started to recover towards the end of the finanaal year. Feedback from our Clients and commissioners continues to be positive. The vast majority of our clients said they would recommend Leeds Mind to family and friends. Feedback from clients in 2023124: 'It's the first place I wa5 able to feel like I was being authentic. There's a different culture of non-judgement and being accepted for who you are." (Peer Support client} 'Having a Space to corne and express how I'm feeling and tslk about whatever was affecting me at the time, not being judged and being able to just be. that's what I needèd. {Suiade Bereavement client) .1 was really unwell dueto myfinancial srtuation 3nd my worker really helped support me all the waythrough. Hewasveryfriendly. pproachable. kind. Understandi￿ helpfvl and made the whole process so easy. I feel so much better for having his help" (Money & Me dientl As a result of our National Mlnd Quallty Mark review In the prevlous financlal year. and nominations for three National Mind EX￿llenCe Awards, we were delighted to win the award for Servlce Infiuence and Participafjon for the Youth in Mind seNice and recefve highly commended in the Leadershlp category. A member of the téam along wlth an Individual who had been 5UPPOrtÈd bv our Youth In Mind servlce attended an awards ceremony in March 2023. Thb was the second year of our strateBlc plan 2022 2025 and our business plannlng and priorities were based around our four strategic objethves: Page 6 LEED5 MIND REPORT OF THE TRU5fEES FOR THE YEAR f NDED 31ST MARCH 2024 l. We cofftned Mlnds- bringing people tO8ether to make change In our communltie5. We have done thls by: - Working with more than rnore than 9,600 people across Leeds and West Yorkshire. Connethn8 people socially isolated people aged over 50+ with like-minded volunteer5 Dellverln8 arts wellbelng services in community locations inciudlng Inpatlent recovery units Improved acce55ibility in our recruitment processes and policles - Relaunched our Equitvi Diversity, Inclusion and Belon8ing groups and achleved accredltatton with Stonewall Workplace Equallty Index Continving to build our co-located presence and relationships wlth our Employment Support team withln the community and NHS Settings - Connecting with third sector providers by devek)ping our con50rtiums and new partner5hip5 - Holding our first coproduced youn8 person's clty-wide conference - Devekjped a Digital Working Group 2. We Support Mlnds- delivering life-changing support We have done thls by- Delivering B44 counselling sessions, including 342 subsidise(I (the onty offer of its type in Leeds) Expanding OL¢r lived experience delivery services reaching more people for example young people, people affected by sulcide. LGBTQ+ and neurodiverse communities Providing responsive support for people with our financial wellbeing service - Securing fLtnding to deliver new Befriendin8, Steppin8 Stone Self Harm seryices Winnin8 the Mind Quality Awards for Influence and Participatfon for our Young Person'5 service, Youth in Mlnd and highly cornmended for Leadership. Increased representation across priority groups. includiry culturally diverse 8roups, neurodiverslty and area5 of deprivation in volunteering (Peer Support Boost Project) Increased proportions of those accessin8 Services from culturally dlverse118%1, LGBTQIA+117%1 and neurodlverse communlt6es 125%). Remodelled our counselling service Expanded our delivery acr055 West Yorkshire, for instance through thè West Yorkshlre Sulclde Bereavement Servlce or the Innovatlve Peer Support Barber Prolett, focuslng on barber shops in Caribbean and Southeast Asian communitles In Leeds and Bradford. 3. W• Chany Mlnd$- speaklng out and maklng mental health everyone's buslness We have done thi5 bv: Re-launched our mental health tralnlng offer and become an accredlted provlder of Mental Health Flrst Ald and A Life Worth Ilvir& becoming a preferred supplier for National Mind training delivery - SharinE seNice user experience5, parkncularly least heard voices and developed our Impact 8roup - Nurturing relationship5 Wlth corporate and community supporters, including having our most successful event digital fvndraising Ilve streaming Baming event Influencing and raising our profile via campai8n5 including Mental Health Awareness Week. World suicide PreVen￿n Day. Children's Mental Health Awareness Week and Leed5 Mind Multicoloured Mondav. Raising our profile through increased media and online presence with a IO% increase in people visiting our websitè and social media followers - Increasing our Charity of the Year corporate 5UPPOrters by 60% Improving our Èngagement with ernployer5 through our emplo￿nent service and Mindful Employer Network with workplace wellbeing events and 36 new charter signatories. - Infiuencing coproduced approaches to mentsl health supporL for example, the Book of Cope, bereavement support signposting leaflet and coproduction guidelSnes for staff (all prodU￿d by the Suicide Prevention Coproduction Projertl. 4. Together. w• •r• Leeds Mind- working together to become a more Incluslve and sustainable organlsation We have done thls by: Implemented an orBanlsatlon revlew to revlse Infrastructure and focus on sustalnability - Supported financial stability through dwlopment of new pay structure. systems review wlthln People & Culture; telephony and oppointed new auditors - Embedded Values approach into our performance and recrultment processes and Improved development opportunitiesfor staff - Delivered a trustee recruitment programme to bring dlverslty of experlence to our Board Page 7 LEEDS MIND REPORT OF THE TRUSTEE5 FOR THE YEAR ENDED 315T MARCH 2024 - Reviewed our systems onboardlng a new IT provlder and outsourcing pay roll Succe55fully applying for trust and foundation funding in line with our strategic aims to expand our offer and scope Grown our service offer securing income to malntain and develop new services for example Arts and Minds, Open Minds Support for Leed5 Mlnd We are delighted that 50 many" Sndividuals and organisatlons have thosen to make Leeds Mlnd the beneficlary of thelr fundraising. The donation5 enable us to progre55 projects which otherwise we could not fund and support our programme of artivities led by volunteers. Leeds Mind could not exist without fundinE from our commissioners. trusts. individual donors, Companies and other associations and we are grateful all for their support for our vital work. Fundraising Section 162a of the Charities Act 2011 requlres Charities to make a ststement regardln8 fundralsing activities. Fundraising 15 defined as'sollcl￿ng or otherwise procuring money or other property for tharltable purposes. All amounts raised through fundraising Sn the year are presented withln 'Donations and le8acles' which Includes donattons from indlvidual supporters. corporate supporters and le8acles. We are extremely grateful to everyone who has donated or partscipated in events. Leeds Mind doe5 not Use professional fundralsers, commertial partkipator5 or third parties to fundraise on our behalf. The day-tÈF day managemènt of all Income Eenerated 15 managed internally bythe staff team who act under authority delegated by the TrL￿ees. The charity is Voluntarily bound to be regulated by the Fundraisln8 Regulator and pays the appropriite levy. Leeds Mind complies with the Code of FundraSslng Pracdce set out by the Fundraising Regulator. We have not received any complaints in relation to our fundraising practlce for the year under review. Finandal revlew Flnandal P05ition Totsl income for the year was £3,500,34612023: £3,543,764), a decrease of 1%. Movement is mainly due to a decline In donatlons and legacies of £47,961, refiectinB the challenging e¢onomic environment. Expenditure in the year has increased to £3,598,16812023- E3A85,5511. The increase of £112.617 comprises of an increase to salarie5 of £173.60317%1 due to pay award and increased in headcount. This was offset by a reduction in drrect and support Costs of £60,98617%1. C￿erall Leeds Mind made a deficit for the year of £97.82212023: surplLL% of £58,213). Prlndpal Fundln8 5uvrce5 The main funding sources are the NHS in Leeds through the West Yothire Integrated Care Board IICBI and Public Health withln Leeds City Council ILCCI. Leeds Mind works closelywith its commissioners and is grateful for their continuing support in a very difficult financial climate. We are also fortunate to have some funding supportthrou8h grant5 and trusts. Fixed Assets and Investments The movements in frxed as5et5 during thp year are set out In note 10 to the (Inancial statements, The Trustee5 have agreed that temporarily surplus funds should be Invested In short term low-ri5k accounts with the highest P05slble rates of interest In the current cllmate. All Investments are held In cash and there are no lon8-term investments lover 12 months). Cash balances are revlewed by the Flnanee Committee regularly. Page 8 LEEDS MIND REPORT OF THE TR115TEES FOR THE YEAR ENDED 31ST MARCH 2024 5tRATEGIC REPORT Flnancial revlew Reserves policy Leeds Mind maintsins an unrestrfcted tash reserve to cover any potential funding shortfall between costs idenfjfied in the annual bud8et and the torrespondlng fundrai51n8 target lor the year, the potentlal costs of staff notice and redundarKy for a malorlty of staffin& the costs of leases on equipment, and any other short-term liabl11￿e$. For 2024 the unrestrlcted reserve5 requirement is ealculated as £866.483. As of 31 March 2024. Leeds Mind held £1.045.648. made up of £795.648 in the unrestricted general fund and £250.000 in the designated fijnd held for 'imYard investment, ueated by the Trustees to fund pllot projects or to continue projects where a gap in funding occurs. In the event of closedown. Leeds Mind would cover all other Closedown costs through liquidation of fixèd 3s5ets in particular the Clarence House and De Lacey House buildings. This is experted to realise sufficient cash to cover all remainin8 liabilitie5. Leeds Mlnd maintains sufficlent cash at the bankto cover unrestricted reserves. restritted funds and deferred credit liabilities. P4e9 LEEDS MIND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2024 STrATEGIC REPORT Plans for the Future This has been the second year of our strategy 2022-2025. The business plan 2023-2024 details how year two of the strategy has been implemented and 15 overseen by the Board of Trustees. Our Strategic plan 2022-2025 sets out our objectives under four strategic pillars and form5 the basis for business plannin8 across Leeds Mind. The main objectives for 2024125 are set ovt below: l. We Connect Minds- bringing people together to make change in our communities. Wewlll do thls by. Finalising our Equality and Inclusion dashboard with KPIS for neurodiverslty and ethnicity. Apply for a Race Equality accreditation and plan for Disalxlty Confident Employer level 2. - Working collaboratively with Mind in Bradford to develop the West Yorkshire Mind offer starknng with a fully integrated Busine55 Development function. Developin8 partnerships acr055 the West Yorkshlre region and increase our corporate partners across the region. Continue to embed our approach within Communlty Mental Health Transfomation through our delivery. networks and partnership approaches. 2. We Support Mlnds- dellverlng life changlng support. We wlll do this by= - Create a new approach to internal communications through uslng staff engagement data. - Develop our approach to dlverslty Impact assessments and Improve our shared learning pracknce. - Contlnue to develop our professional development offer and recruitment strategy. - Improve our Impact assessment to better demonstrate the support we provide. - Secure funding to continue our young people's, financial wellbeing and open Mind's services. Successfully secure our employment support contrattthrough new tenderin8 frameworks and partnershlp. -Continueto Improve our reach to people accessingoUrse￿1ceS from culturallydfver5e communifjes and area5 of high deprivation. Continue to embed the sustainable COLtnselllng model. - Relaunching our performance management framework to develop organisational culture. 3. We Change Minds- speaking out and making mental hèalth everyone's business. We wlll do thls bw. DèvelopinE a revised approach to our communications strateBV to align our external comrnunications with strategic priorities. Promoting workplace wellbeing and increasing representation of our communities through delivering a successful Mindful Employèr conference and through our tr3inin8 offer. Building on our collaboration with stakeholders and partners to develop new services. - Continue to develop our corporate partnerships and opportunities. Sharing dient stories and least heard experience5 to demonstrate our impatt and value of lived experience. 4. T￿etkner. we are Leeds Mind - working toÈether to becorne a more incluslve and sustainable orBanisation. We wlll do thls by. Implementing our organisatlonal change programme to support our approach to sustainability and growth. Continuing to embed a values-based approach to workforce development to vnderpin the culture and behaviours of the or8anisation. - Devdop a Board Development prograrnme to support our trustees. Impro￿ng our cyber 5ecLtrity through training and accredltstfjon. - Contlnue to prioritise efficiency reviewing our client management and priority systems. - Complete a property opttons appraisal to inform our l¢xation plan5. - Revlewlng our wellbeing strategy and staff 5UPPQrt offer to Improve staff retention and absence. - Develop a strategy process and IMpleMenta￿On plan ready to launch our new strategy in 2025. - Secure Income to confjnue to malntain Èxisting services. dlversifyour income and increase our commercial traSnlng andvoluntary Income. Page 10 LEEDS MIND REPORT OF THE TRUSTEES FOR THE YEAR ENDED JIST MARCH 2024 STrLPCTURI GOVERNANCE AND MANAGEMENT Governln8 document Leeds Mind was founded in 1972. The Company is incorporated underThe Companies Art as a company limited by guarantee and Is governed by a memorandum and articles of association which outline the object5 and powers of the company. The company 15 t5tered charity and operates as a non-profit making organisation. As a company limlted by guarantee Leeds Mind has no share capital. Leeds Mind is affiliated to Mind- The National Assixlation for Mental Health INAMHI. Mlnd assures the organisational qualty of the network by using the robust quality assurance framework, the Mind Quality Mark. Leeds Mind was assessed against this Quality Mark in October 2022. National Mind's current pro¢e55 is thatfijll MQM a5se5srnent5 tske place every 3 years. meanin8that Leed5 Mind could expett the next review in Autumn 2025. however this Is not confirmed yet. Qryanlsatlon•l strurture All Directors of the cornpany are also Trustees of thecharlty. We have two ¢O-OPted members to two board commltteeswho provide speclallst input. There are no other Trustees. The Trustees who served durln8 the period under review are set out on page l. Directors and Trustees of the charity are appointed in accordance with the artfjcles of association. Trustees retire at the end of thelr tenure whlch Is for an Ini￿al period of three years at the Annual General Meeting and are eligible for a further two re-elections. The Board of Trustees. the governing body of the organisation, Is composed of up to IS elected members who are both Trustees of the charlty and Directors of the company, there were twelve trustees in the financial year endin8 31st March 2024 wlth four trustees resignlnB during the period. The Board meets quarterly, and the Senior leadershlp teèm attend the meetings for accountability and reportin8 purposes. There are four commlttees olthe Board which meet quarterly throu8hout the year, and they are responsible for Finance, Quallty and Performance, People & Culture and Buslness Development. A Remuneration Committee meets annually to revlew the sèlarles of the senior leadership team. The Board generally seeks to recruit members who. as well as having the required skills for the governance of a charity, also have lived experience af mental health difflculties. New Trustees are recruited through an open recruitment process. They are given an overview of the organisation by the Chief Executive. All new Trustees attend the Leeds Mind induction and National Mind induction. In addition, they are offered the opportunity to meet with different services, attend whole organisa￿On meetings and events. External training in the role of Trustees is provided a5 necessary. The Board a6ree5 the strategy and direction of Leed5 Mind and dele8ate5 the day-to-day management of the organisation and the provision of seNices to paid staff and volunteers who workunderthe authorityof the Chief Executive and the senior leadershipteam. Key manaiem•nt remuneratlon All stsff, in¢ludlng the senior leadership team have hlstorically been pald on the NJC pay Scales until this flnancial year when changes to the pay structure were implemented. Pay levels are benchmarked regularty against other providers and similar roles In Leed& Any changes to 8radln8 are agreed by the People Development Committee of the Board. Page 11 LEEDS MIND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2024 srRUcfU￿ GOVERNANCE AND MANAGEMENT Rlsk rnana8•ffl•nt The Trustees have carrled out ongolng assessments of the companvs activities setting out the n)ajor opportunities available to the company and the risks to which it15 exposed. These risks are identified in the risk reElSter and are risk assessed on a quarterly ba51S. Thè principal rlsks and uncertaintie5 faced bythe charity at the time of writing are as follows.. -The short-term nature of sorne statutory and trust fundin8 and tsnderlng of twosl8nilfjcant contracts leading to uncertalnty for both the staff and the or8ani5ation. - Rebuilding voluntary income which ha5 not recovered from the COVIO pandemic. The Vola￿litY of the economic and political clrmatè, cost of living crisis and financial crisi5 impacting all major statutory funding sour￿$ with In¢￿asIng costs and decreasing funding sq￿ling organisational resources and impacting sustainability. - Change5 to national procurement pollcy Reputstlonal rlsk assoclated with the Mind brand Non%urancÈ is a high level of a55urance but is not a guarantee that an audit Conducted in accordance with ISA5 IUKI will always detect a material misstatement when it exists. Mi55tatement5 can arise from fraud or error and are considered material if. individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Irregularltles. Induding fraud. are instances of non-compliance wlth law5 and regulations. We design procedures in Ilne with our respon4bllities, OLrtlined above, to detett material mi55tatements in respect of IrreBul8rities, includlng fraud. The extent to whlch our procedures are capable of detethng irregulhrities. Sncludlng fraud Is detalled below.. Based on our under5tandin8 of the entity and indu5trie5 in which it operates, we Identified the principal risks of non-compllante wlth laws and regulations related to health and safety. safeguardin& employments law and data pretection. We also consldered those laws and regulatlons that have a dlrect Impart on the preparation of the finan¢lal statement5 such as the Companies Art 2006. tsx legislation and the Flnanclal RePOr￿ng Standard applicable in the UK and Republic of Ireland IFRS 1021. We assessed the su5cepttblllty of the company's ftnanclal statements to materlal rnlsststement and how fraud miBht occur, including through discussions with the dirertors and dls¢usslons within our audit team planning meeting. We determined the principal risks were related to postin8 journal entries to manipulate profits, and management bias in accounln8 esdmates. To address the risk of fraud through rnanagement bias and override of controls, we.. Performed analytical procedure5 to identify any unysual or unexp￿ted relationships. Identified and tested journal entries and identified any significant transaction5 that were unusual or outside the normal course of business. Investigated the rationale behind significant or unusual transactions. - Challen8ed assumptions and judgements made by management in detemiining significant accounting estimatès. In response to the risk of irregularities and non-compliance with laws and regularions, we éesigned audit procedures which included, but were not limited to: reeing thnancial statements disclosures to underlying SUp￿r￿n£ documentation. - Discussions with management of known or SLLSPÈrted instsnce5 of non-compliance with laws and regularions. At the completion stsge of the audit, the engagement partnerf5 revÈew included ensuring that the team had approached their work with appropriate professional 5cepticism and thus the capacity to identify non-compllance with laws and regulations and fraud. There are inherent limitations in the audit procedures described above and the further rernoved non-compllance of laws and regulations is from the events and transaction5 reflerted in the flnanclal statements, the less Ilkely we would become aware of it. Also. the risk of not detecting a material misstatement reFat6n8 to fraud is hi8her than the risk of not detecting one resulting from error. as fraud may involve deliberate concealment. A further desulpdon of our responsibllldes for the audit of the financial statements Is located on the Financial Reportir)8 Councll's website at www.frc.tsrg.uklauditorsre5pon5ibilitie5. This description forms part of our Report of the Independent Audltors. Page 15 REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF LEEDS MIND Use of our repart This report is made solelyto the charitable cornpany's members, as a body, in accordance with Chapter 3 of Part 16 ofthe Companles Act 2006. Our audit work has been undertaken 50 that )Ne might state to the tharitable company's members those matters we are required to state to them In an audltors, report and for no other purF*)se. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable cornpany'5 members as a body. for our audit worl for this reporL or for the opinions we have formed. Christopher Darwin FCA (Senlor Statutory Auditorl for and on behalf of Thomas Coombs Limited ststutory Auditor Chartered Accountants 3365 The Pentagon Century Way Thorpe Park Leeds West Yorkshlre LS15 8ZB Date.. Ilth December 2024 Page 16 LEEDS MIND STATEMEKf OF FINANCIAL AcfiviTIES FOR THE YEAR ENDED 31ST MARCH 2024 2024 Total funds 2023 Total funds Unrestrltted funds Restricted fund Notes INCOME AND ENDOWMENTS FROM Donation5* grants and legacles S09,783 741,326 789.287 Charltable a¢tlvllles Peer Support Wellbeing Employment Consortium Training Young Persons SeNice 4S7,080 313,911 1,115.184 598,310 40,279 103.046 30.600 60.1)00 487,680 373,911 1,115,184 598,310 40,279 113.046 579,427 641,649 1.033,282 382.910 89,425 10.000 Other trading activitie5 Investment income 29,214 1,396 29,214 l.Y96 22.795 4.989 Total 3.168303 332.143 3.5LKI.346 3,543,764 EXPENDFTURE ON Raisln8 fund5 213,372 213,372 197,784 Charltable adivitie$ Peer Support Wellbeing Employment Consortium Trdining Young Persons SeNice S39,324 464.009 1,116,497 595,149 83,690 102.$36 94,115 97,101 74,734 13.046 633A39 561,110 1.191,231 608,195 83,690 307.131 714,782 862,014 1,204.278 421.913 84.780 204,595 3.114,577 483.591 3.598.168 3.485.551 NET INCOMEI{EXPENDITUREI Transfers between funds 53,626 70,855 1151A48} 170,8551 197,822) 58,213 20 Net movement In funds 124A81 (222,3031 I97￿21) 58,213 RECONCIUATION OF FUNDS Total funds brought forward 1269,167 357314 626A81 1,568,268 TOTAL FUNDS CARRIED FORWARD 1393.648 135.011 1,528.659 1,626,481 The notes form part of these financial ststements Page 17 LEEDS MIND BALANCE SHEEr 31ST MARCH Z024 2024 Totsl funds 2023 Total funds Unrestricted funds Restrkted fund Notes FIXED A5SErs Tangible assets 15 348IAKI 365,156 CURRENT ASSETS Debtors Investments Cash at bank 16 17 139,995 139J95 472W6 294 1,399,634 1383504 5.011 1,518,515 1.523,793 135JJll &65V04 1,872.734 CREDITORS Amountsfalling due wlthln one year 18 1478,145) 1478,145) 1611,4091 NETCURRENT ASSETS I￿,648 135,011 I.180￿59 1,261,325 TOTAL ASSETS LESS CURRENT LIABILMES lJ93&48 135,011 ¥528,659 1.626,481 NET ASSETS 1,393,648 135011 I S28,659 1.626,481 FUNDS Unrestrlcted funds Restricted fund5 20 1,393,648 135,011 1,269,167 357.314 TOTAL FUNDS 1,52&659 1,626,481 The financial statements were approved by the Board of Trustees and alrthorised for issue on Ilth December X124 and were si8ned on its behalf bv.. 8lane Watson- Trustee The notes form part of these financial statements Page 18 LEEDS MIND CASH FLOW STATEMENT FOR THE YEAR ENDED 31ST MARCH 2024 2024 2023 Notes Cash Ilows from oper•tln8 actlvliies Cash generated frorn operations 117A85 528,841 Net cash provided by operattnB activities 117.485 528,841 Cash tlows from Investlng actl¥ities Interest received L396 4.989 Net cash provlded by Invesung actFvltles 4.989 Change in cash and cash equlvalents In the reporting period Cash and cash equivalents at the be8innin8 of the reportlng perlod 118A81 533.830 1.399.634 865,804 Cash and tash •qulval•nts at the end ol the reponlng period 1,518,515 1,399.634 The notes form part of these financial sLitements Page 19 LEEDS MIND NOTES TO THE CASH FLOW STATÉMENT FOR THE YEAR ENDED 31ST MARCH 2024 RECONCILIATION OF NET IEXPENDITVRE)IINCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES 2024 2023 Net (expernllture)Ilncome for the reportlng wlod {a5 per the Statsmerrt of Flnancial Acllvltiesl Adjustments for: Depreciation charge5 Interest received Decrease In debtors Decreasellincrease In Credltors 58.213 17.156 {1,3961 332,811 (133.264 17,157 {4.9891 139.318 319,142 N•t ush provlded by q)eratlons 117M5 528.841 ANALYSIS OF CHANGES IN NEf FUNDS At 114123 Cash flow At 3113124 Net ￿$h Cash at bank 1,399.634 118A81 L518.515 1399.634 I￿.881 L518,515 Uqukl resources Deposits included in cash Current asset investments 294 194 294 Totsl 1,399,928 IiU81 Is￿,809 The notes form part of these financial statements Page 20 LEEDS MIND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 3￿ MARCH 2024 ACCOUNnNG pouaES Basls ol preparlwthÈ finandal ststements The financial statements of the charitable company, which is a public benefft enttty under FRS 102, have been prepared in accordance with the Charities SORP IFRS 1021'Accounting and Reporti￿ by Charitie5: Statement of Recommended Practice applicable to charities preparingtheir accounts in accordance with the Financlal Reporting Standard appllcable In the UK and Republic of Ireland IFRS 1021 leffective l January 20191,. Financlal ReportinB Standard 102 'The Financial Reporiing Standard applKable in the UK and Republic of Ireland, and the Companiès Act 2006. Tl* finarKial ststernents have been prepared under the historical cost convention. The financial statement5 are prepared in sterlin& which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1. The finantièl statement5 have been prepared underthe historical c05t convention. The principal accounting politie5 adopted are set out below. Leeds Mind meets the definition of ? public beneftt entity under FR5 102. A5set5 and Elabill￿e$ are Inltlalty recognised at cost or transactlon value unless otherwise stated in the relevant accountlng pollcy notes. Golng Con¢em TheTrustses have a reasonable expecl3tlon that the Charlty has adequate resources to contlnue In operational eXiSten￿fOr the foreseeablefuture. Forthls reason, they cOn￿n￿e to adopt the going contern basi5 in preparin8theflnanclal statements. Further details regarding the adoption of the going concem basls can be found in the accountlng pollcles. Inwme Income is included in the Statement of Financial Activities I"SoFA"I when the charity has established en￿tleMent, and the amount can be quantified with reasonable accuracy. Donatlons and le8acies, which include grants, are Included in the SOFA when itls probable that the funds will be recelved and that they can be measured with sufficient rellablllty. Grants, includlng grants for the purthase of fixed assets. are reco8nised in full in the SOFA in the perlod in which they are reteivable. The value of serviw provlded by volunteers Is not included. Trading and investment income is accounted for on an accrual's basis. Where income is received specilically for expenditure in a fijture accounting period that amount is deferred. Expenthture Expenditure 15 recogni5ed in the period in which it is incurred. Expenditure includes attributable VAT which tannot be recovered. Charitable expenditure comprises those costs incurred by the charlty in the deliverance of its activities and services for its beneficiarie5. It includes both costs that can be directly allocated to such activities and those costs of an indirect nature nece55ary to supporc them. Support costs comprise all non-attributable costs Includlng Finance. Human Resources. Infom?atlon Te￿r￿108V and Admin15tratlon. These costs have been allocated across activltles either directly or based on usage as set out In note 10. Governance costs comprlse all costs Involving the public ac¢ountablllty of the charlty and its compliance with regulation and good prartlce, Thesecosts Include costs relatedt05tatutoryaudit and legal feestO8etherwithan apportionmentof overhead and support Costs. St4ff Costs The costsof short-term employee beneflts are recogni5ed 05 a liabilityand an expense where settlement of 0￿18atiOnS does not fall within the same period. Page 21 continued... LÉEDS MIND NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31ST MARCH 2024 ACCOUNTINfj POLICIES- continued Hnan¢lal Instruménts The charity has elected to apply the provislons of Sectton 11 'Basic Financial lrtstruments, and Sectton 12 '0ther Flnanclal Instruments Issues, of FRS 102 to all of its financlal Instruments. Cash In hand and at bank Cash at bank and cash In hand Includes cash and short term highly liquld Investments with a short maturity held forworking capital. Any bank overdrafts are shown wlthln borrowings In current Ilabilltles. Allocatlon of support costs Support costs have been allotated to tharttable actiiritses on the basis of a reasonable estimate based on income. Tanglble Ilxed a55ets Tangible fixed assets are stated at Cost less depreciation, individual tangible a55ets are capitalised if tosting in excess of E5.000. Depreciation is provided at the followinB annual rate5 in orderto write off fixed assets, less their residual value. over their estimated useful lives a5 follows.. Freehold buildirv Fixtures. fithng5 and computer equipment 50 years straight line 3 years straight line Freehold land is not depreciated. Taxatlon The ¢harlty Is eKempt from corporation tax on Its charltable actlvltle& Fund accountln8 Funds held by the charity are either.. General funds- are unrestricted funds comprising donations and other incomin8 resources recelvable or generated for the objects of the charty without further specffied purpose. Deslgnated funds- are unre5trirted funds earmarked bythe Trustees for par￿C￿lar purposes. Restricted funds- are to be used for specific purposes as lald down by the donor. Expenditure whieh meets these crlterla Is charged to the fund, logether with a fair altocation of management and support costs. Penslon costs and other post-retlrement benefits The charity operate5 defined contribution pension arrangements for its employees. Amount5 due are reco8nised as an expense in the SOFA when they fall due for paymenL Operating lea5e5 Rentals payable under operating leases, including any lease incentives received. are charBed to the SOFA on a straight-line basis over the lease term. Debtors Trade and other debtors are recognlsed at the settlement amount due after any irade dlscount offered. Prepayments are valued at the amount prepaid. Financial assets. other than those held atfair value through proflt and loss, are assessed for Indlcators of impairment at each reportfjng end date. Flnanclal assets are Impaired where there Is oblethve evldence that, as a result of one or more event5 that occurred after the In1￿81 reco8nifjon of the financial asset, the estimated future cash flows have been affected. Any impairment loss is recognlsed In the Income and expenditure account. Page 22 continued.. LEEDS MIND NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 315T MARCH 2024 ACCOUNTING POUCIES- wntlnued Credltors, loans and provlslons Creditors. loans and provisions are recognised where the charlty has a present obligation resultinÉ from a past event that wlll probably result In the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Credltor5, loans and provi5i0n5 are normally recognised at thelr settlement amount after allowing forany trade discounts due. Flnancial liabilitles are only derecognised when, and only when. the charlvs obllgatlons are dlseharEed, tantelled or thev expire. Amounts recognised as provi5i0n5 are best e5￿MateS of the consideration requlred to settle the present obllgatlon at the reporting end date, taklng Into account the rlsks and Un¢ertaIn￿e$ surroundlng the obll8ation. CRITICAL ACCOUNTING JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY In the appllcadon of the tharity's accoun￿n8 policie5. the Trustees are requlred to make judgements, estlmates and assumptions about the carrying amount of assets and liabllities that are not readlly apparent from other ￿urces. The estimates and assoclated assumptions are based on hlstorical experience and other factor5 that are considered to be relevant. Artual results may dlffer from these Èstlmates. The estimate5 and underlylng assuMp￿0n5 are revlewed on an ongoing basls. Revlslons to accounting estimates are recogni5ed In the perlod In whlth the estimate Is rèvlsed, rf the revision afferts only that period, or in the pèrl¢xl of the revlslon and future periods If the revision affects both current and future periods. The estimates and assumpttons whlch have a significant rlsk of causin8 a material adjustment to the carrying amount of assets and Ilablllttes are outlined below. Support costs have been allocated to charltsble att[Vi￿e5 on the basls of a ￿aSOnable estimate based on Income. The breakdown of support costs across charitable arttvities is based on the followlng rates.. Peer Support Wèllbeing Employment Consortium Young Person Service Raising Funds Training 18.4%12023: 23.9%? 13.9%12023.' 24.9%) 3B%12023.. 38.4%) 19.3%12023: 12.8%) 10.4%12023: Nil) Dlrect Direct DONATIONS AND LEGAQES 2023 Donations Le6acie5 Grants 257,900 20A06 462,620 278.331 170,803 340,153 74&326 789,287 The Charity benefits greatly from the involvernent and enthusiastic support of a number of volurteer5. In accordance with FRS 102 the economic contribution of volunteers is not recognised in the financial stateffents. Page 23 ¢onttnued... LEEDS MIND NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENOED 31sr MARCH 2024 DONATIONS AND LEGACIES- cantlnued Grants recelved, Included the above, are as follows.. 2024 2023 National Mlnd BUPA NHS Hub Ipeer supportl- Counselling fund NHS Hub (peer supportl Health Inequallfje5- Culturally diverse mind5 Help for Hardshlp Paul Hamlyn- Children & young people Various other small grants Co-op- SuSclde Bereavement Leeds & York Partner5hlp- CSW Leeds & York Partner5hlp- 58S Manny Cussln5- Children & Young People Elsie Pllklngton - Befriending The Liz and Terry Bramall Foundation- Befriendlng Evans Cornish Foundatlon - Inkwell Hyde Park Source- grounds malntenance 86,999 179,940 6.533 11,070 8,927 48,SlX) 50,000 20,C 5,183 76,000 17,634 40,000 12,649 10,736 69,107 36,592 92,903 10,000 10,000 462,620 340,153 The split ot8rant Income by activlty is as follows., 2024 2023 Peer Sljpport Wellbeing Employment Youn8 Persons Service General 85,107 57,328 68,554 208,903 42,728 154,803 29.044 106,015 50.291 462,620 340.153 OTHER TRAOING AcnviTIES 2024 2023 Fundralslng events Shop income 1310 4,795 18,000 29,214 22,795 INVEsfMENT INCOME 2024 2023 Deposlt account interest 1,396 4,989 Pa8e 24 continued... LEEDS MIND NOTES TO THE FINANCIAL STATEMENTS- conllnued FOR ThE YEAR ENDED 31ST MARCH 2024 INCOME FROM CHARITABIE ACTIVITIE5 2023 Peer Support Wellbeing Employment Consortium Tralnlng Young Persons Service 579,427 641.649 1.033,282 382,910 89.425 373.911 1,115.￿4 59&310 40.279 1728AIO 2.726,693 2024 2023 LCCAdult Soclal Care WY ICB sWy￿ Suidde Prevention Tralnlng Conwttancy Counselllng and other client income Linklng Leeds- contract North Yorkshire Hospice Care Health education- Clinical Support workers Health Educatlon- Young black mlnds Various other small funds Community Foundation for Leeds Other incorne 395.056 I￿7￿73 415.842 1,587,688 48i30 9,916 26,289 349,634 94.602 13.051 14.700 382.910 32,175 46,526 70,000 9,949 13,250 2.724410 2.726,693 RAISING FUNDS Raising domatlons and legacies 2024 2023 Staff costs stsff travel. training and othercosts Volunteer expenses Office costs Legal and professional costs Support cost5 I58￿16 3.656 147.944 1,193 91 38,722 27.296 12,675 10,929 6,834 213372 197.784 Page 25 continued... LEEDS MIND NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR ENDED 31sr MARCH 2024 CHARITA8LE AcnvmES cosrs Dlrect Costs (see note 91 Support costs15ee note 101 Totals Peer Support Wellbeing Employment Consortium Training Young Persons Service 508,556 466.655 932.748 477,344 77,482 236,086 124083 94NSS 258A83 I30￿51 6,208 71,045 633,439 561,110 IJ9L231 608,195 83,690 307,131 2ffi98,871 685.92S J,384,7 DIREcf COSTS OF CHARITABLE ACTivmES 2024 2023 Staff costs Volunteers expenses Events and meetin85 Cllent activltles Bulldlng Costs Rent. rates and utlllties IT costs Office costs Bad debts stsff travel, training and other costs Partner payments 2,300,906 1,004 26,423 38,299 2.110.692 18.974 6,839 2,727 21,269 122,878 12,918 10.923 53,721 186,459 37,883 3,70S 46,294 237,219 2,698,871 2.548.551 io. SUPPORT cosrs Governance costs Management Tota15 Raising donation5 and legacies Peer Support Wellbeing Employment Consorknum Trainin8 Young Persons Service 10.929 119,732 90.559 247.822 125,454 6.208 68,115 10329 124W3 94A55 258,483 I30￿51 S.151 3.896 10,661 5397 2,930 7¥045 668,819 28,035 J6,854 Page 26 continued... LEEDS MIND NOTES TO THE FINANCIAL STATEMENTS- ¢ontlnued FOR THE YEAR ENDED 31ST MARCH 2024 io. SUPPORT COsrs- wntinued Support costs. included in the above, are as follows.. Raising donations and legacles Peer Support Wellbeing Employment Staff and agency stsff costs Staff costs other Volunteer costs General offlce and admin costs Building and malntenance costs Rent, rates and utilities IT costs Bad debts Depreeiation of tsngible and heritage assets Auditors. remuneradon Legal and profe￿I0nal fees 67.785 51,268 140299 I3￿54 51 22A62 iOA51 8.208 159 388 3.318 16060 17482 4386 21,763 133691 7,760 3,010 45,044 16,9741 3,152 2,5n 2,579 6,524 5,324 5?37 1,950 10,929 124 94AS5 258A83 2024 2023 Young Persons Servrce Total a￿vItIeS Totsl acttvltles Consortlum Traini Staff and agency staff costs Staff costs other Volunteer costs General office and admln costs Bulldlng and maintenance costs Rent, rates and utilities IT costs Bad debts Depreciation of tangible and heritage assets Auditors, remuneration Legal and professional fees 71,023 7,013 26 11371 38,562 361￿37 36N30 13S 65,274 396A20 21,663 339 89,130 14 6,174 6,208 46,130 23,876 126,209 (15.3281 481178 25,959 102,187 15Y8 4596 22002 {3,$30) 2096 12,380 (1,917) 3,303 2,695 2.702 1,793 17,156 14.000 14,035 17,157 IN67 17,329 130*51 6.208 71,015 696 746,050 Page 27 continued... LEEDS MIND NOTES TO THE FINANCIAL STATEMENTS- eonlSnued FOR THE YEAR ENDED 31ST MARCH 2024 ii. NET INCOMEI(EXPENDrruRE) Net incomellexpenditure) is stated after Charg1n￿(Creditingl.. 2024 2023 Auditors, remuneratlon Depreciation- owned assets 14,01)0 17,156 12,240 17,157 TRUSTEES. REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31st March 2024 nor for the year ended 31st March 2023. Trustees. expenses There were no trustees, expenses pald for the year ended 31st Marth 2024 norfor the year ended 31st March 2023. Trustee donatlons Durlng the year ended 31st March 2024 monetary donatlons made bytrustees to the Charity totalled £130 {2023; £NIII. INFQRMATION REGARDING EMPLOYEES AND TRUSTEES stsff costs during the year were as follows: 2024 2023 Wages and salaries Employer's Nl Pension costs 2AII,291 208,909 208A59 2,274,LKII 201,331 179.724 2,828,659 2,655,056 The average morrthly number of employees during the year was as follows: 2024 ZB 32 16 li 15 2023 27 32 IB 17 13 Wellbeing Employment ser¥ices General support / central services Consortium Peer support Young persons seNI 109 107 The number of employees whose employee benefits (excluding employer pension costs) exceeded £60.IXXI was: 2024 2023 E60,IJOI- £70.000 The key management personnel of Leeds Mind are the Trustees, the Chief Executive, the Operations Director. the Head of FInan￿ and IT. Head of People and Culture and the Buslness Development Director. The total employee benefits of the key management Per￿nnel of the charity were £272,29812023: £232,959). The average number of key management personnel for the year ended 31st March 2024 was 4.712023= 31. Page 28 continued... LEEDS MIND NOTES TO THE FINANaAL STATEMENTS- tonllnued FOR THE YEAR ENDED 31ST MARCH 2024 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTMTIE5 Unrestricted funds Restricted fund Total funds INCOME AND ENDOWMEpif5 FROM Donations and legacles 467,108 322.179 789.287 Charitsble actlvltles Peer Support Wellbeing ETnployment Con50rtium Training 512,677 579,200 1,033,282 382,910 89,425 66.750 62.449 579.427 641,649 1.033,282 382,910 89,425 Other trading activltie5 Investment income 22,795 4.989 22,795 4,989 Total 3.092.386 451.378 3.543,764 EXPENDITURE ON Ralslng funds 197,784 197.784 Charftable acthiltles Peer Support Wellbeing Employment Consothum Training 323.723 862,014 1,204,278 421,913 84.780 391.059 714.782 862.014 1,204,278 421.913 84.780 Totil 3.094,492 391.059 3.485.551 NET INCOMVIEXPENDITURE) 12,IC6) 60,319 58,213 RECONCILIATION OF FUNDS Total funds brought forward 1.271.273 296,995 1.568,268 TOTAL FUNOS CARRIED FORWARD 1,269,167 357,314 1,626,481 Page 29 ¢onfjnued.-. LEEDS MIND NOTES TO THE FINANaAL STATEMENTS - conilnued FOR THE YEAR ENDED 31ST MARCH 2024 15. TANGIBLE FIXED A￿ET$ Freehold propertv At tst Aprll 2023 and 31st March 2024 1,143.782 DEPRECIATION At 1st April 2023 Char8e foryear 77&626 17.156 At 31st March 2024 795,782 NET BOOKVAWE At 31st March 2024 348JIOD At 31st March 2023 365.156 Wlthin land and bulldin85. the cost of non-depreclated land is É286k12023- £286k}. The freehold land and buildlt)gs are Oe Lacey House and Clarence House. Under the terms of a legal charge and associated grdnt 3greements dated November 1996, rf De Lacey House were to be sold, the first£275,lX￿of anyproceeds would be paid to Leeds City Council to repay8rants provided bythe Council to inltially acquire the property. Under the terms of a legal charge dated April 2(¥J3 and the assoclated capitsl fundlnB agreement dated December 21x12, if Clarence House were to be sold. the funder NHS Leeds would be entitled to a repayment no le55than their initial capital fund contribution of £265.lY)O. It Is the current intention of the Board that both buildings wlll wnttnueto be used for the dellvery of mental health services. 16. DEBTORS: AMOUNTS FALLING DUE WITHIN of4f YEAR 2024 2023 Debtors In the ordinary tourse of activi￿e5 Prepayments and a¢¢rued income 115.783 24,212 464.806 139,995 472,806 17. CURREféT ASSEf INVEsfMENTS 2024 2023 Llsted investments 2YI 294 Page 30 continued... LEEDS MIND NOTES TO THE FINANCIAL STATEMÉNTS- continued FOR THE YEAR ENDED 31ST MARCH 2024 CREDITORS: AMOUNTS FALUNG DUE virrHIN ONE YEAR 2024 2023 Creditors In the ordinary course of activities Soclal security and other tsxes Other creditor5 AC¢n￿lS and deferred Income 52.975 44363 53.SS3 325.254 221.109 385,494 478,145 611,409 Attruals and deferred income contsln deferred Income of £266,44312023'. £304.500I. Movement of deferred Income is as follows: 2024 304.5fXI 1304.SIXII 266A43 2023 127.231 194.5511 271,820 At 1st April 2023 Amount released to Income Amount deferred in the year Closing Ilability obligafjon 266A43 304,500 LEA51NG AGREEMENTS Minimum lease ptyments under non-cèntellable Opera￿n8 leases fall due as follows: 2024 2023 Within one year Between one and five years 17.117 19,424 16,722 27,441 36.541 44,163 P￿e 31 continued... LEEDS MIND NOTES TO THE FINANCIAL sfATEMENTS - continued FOR THE YEAR ENDED 31￿ MARCH 2024 20. MOVEMENf IN FUND5 Net movement Infvnds Transfers between lunds At 3113124 At 114123 Unrestrlrted funds General fund Designate& Freehold land and bulldlngs Deslgnated- Inward investment 654,011 365,156 250,000 70.782 117.156) 70￿55 795.648 348,000 1.269J67 53A6 70A55 1.346.943 Restrfrted funds Nadonal Mlnd Grants Hyde Park Source Communlty Foundation for Leeds SWv￿ SL¢lclde preVen￿On c￿0p Leed5 Older Peoples Forum-Time to shine BefriendlnB BUPA Other income Various Small grants NHS Hub (Peer support) NHS Hub (Peer support) Counselling Health Inequalities• Culturally Dfverse Minds Help for Hardship Manny Ojssins Foundation Paul Hamlyn- Children & Young People NHS- IPH Fellowship Programme Evans Cornlsh Inkwell NHS CDM Elsie Pilkington trust NHS Barbers Project 111265 13161 10.178 55,272 (29,2231 83M42 316 13,8571 I￿,948) 1801) 16.635) 17.7741 (39324) 11,453} 6,635 15018) 12361) 278 168571 2261 (2781 6,857 13SO) 22,394 36,932 43W8 9,526 120.258) 137,509) 13.110) 11339) (335 I2￿79 11SA74) 2,136 {5771 40,778 8,187 335 I2￿79} 46231 130,757) 116,*)1) 15,128 116,901) TOTAL FUNOS 1,626A81 97022) 1528,659 Page 32 continued... LEEDS MIND NOTES TO THE FINANCIAL STATEMEpifs- continued FOR THE YEAR ENDED 31ST MARCH 2024 20. MOVEMENT IN FUNDS- ￿NtInued Net movement in funds, included in the above are as follows.. Incomin8 resources Resources expended Movement in funds Llnrestrfcled funds General lund Designated- Freehold land and buildiros 3.168.203 13,097A21) (17J56 70,782 {17.1561 3.168203 Re5tr1tted fund5 National Mind Grants Hyde Park Source Communty Ft)undation for Leeds SWv￿ Suicide Preventton Health Inequalitles- Culturalty Dlver5e Minds Help for Hardship Manny Cussin5 Foundation Paul Hamtyn- thildren & Young People NHS- IPH Fellowshlp Programme Evans Cornish Inkwell NHS CDM Elsie Pilkington trust NHS Barbers Project P.114.577) 640 (3L863) 129,2231 (7.7741 139,3241 120258) 137,509) 196,OUI {41,3391 1103351 (12￿79) 175A74) 168.750} 126.901) (15A72) 17,774) {39324} (20,2581 137.5091 13.110) 11.339) 1335} 115791 115/d74) 7250 116901) 92303 40ml io.( 10,000 60,000 76,000 30,600 TOTAL FUND5 3,5￿.346 13,5¥168) {97.8221 Page 33 continued... LEEDS MIND NOTES TO THE FINANCIAL STATEMENTS - conilnued FOR THE YEAR ENDED 31ST MARCH 2024 MOVEMENT IN FUNDS- ¢onlinued compara￿ for movement in fvnds Net movement In funds Transfers ljetween funds At 3113123 At 114122 Unrestricted funds General fund Designated- Freehold land and buildings Designated- Inwar(l investrnent 638.960 382.313 15.051 {17.1571 654,011 365,156 250,000 L271273 12.1061 1.269.167 Re5trfcted fvnd5 National Mind Grant5 Hyde Park Source Communlty Foundation for Leeds Inkwell SWYFT Suicide Prevention CO-OP Leeds Older People's Forum: Time To Shlne Befrlendln8 Manny Cusslns FOunda￿an$ BUPA Other Income Various Small Grants NHS Hub {Peer Support) NHS Hub {Peer Support) Counselling Health Inequalities- Culturally Diverse Minds Help For Hardship Paul Harnlyn- Chlldren & Young People 42.835 69.430 1316} 10.178 113.7691 9,272 110.7711 130.2071 112,265 13161 10,178 46,231 55,272 801 6,635 60,000 46,000 11,572 36,842 92,146 148.2581 5.018 11.7391 3.8781 6.857 13501 22.394 36.932 9,526 43R88 5.018 2.261 {2781 6￿5? 1350) 22.394 36.932 9,526 3.6CN) TOTAL FUNDS l.S68,268 58,213 1.626,481 Page 34 continued... LEEDS MIND NOTES TO THE FINANaAL STATEMENTS- continued FOR ThE YEAR ENDED 31sr MARCM 2024 20. MOVEMENT IN FUNDS- ¢m￿nY¢d Comparatlve net movement in funds. included in the above are as follows.. Incomln8 resources Resources expended Movement In funds Unrestrlthid fvnds General fund Designated- Freehold land and buildings 3.092,386 13.077.335) 117.1571 15.051 117.1571 3.092.386 13.094.492) 12.1061 Restricted lun(ts National Mind Grants Hyde Park Source Communtty Foundation for Leeds Inkwell SWYFf Suicide Prevention CO-OP Leeds Older People's Forum: fime To Shlne Befriending Manny Cussins Foundatfons UPA Other Income Various Small Grants NHS Hub IPeer&Jpportl NHS Hub IPeer Support) Counselling Health Inequalities-cukurally Diverse Minds Help For Hardship Paul Hamtyn- Children & Young People 161,%6 lo,￿ 13.250 192.5361 110.3161 13,0721 173,7691 136,7281 110,7711 130,2071 148,2581 11.5151 111.6881 {9.0611 {2.0701 111.4201 126.1061 113.0681 {10.4741 69.430 13161 10,178 (13.7691 9.272 110,7711 130,2071 148.258) 5.018 11.7391 la￿73} 6,857 13501 22,YJ4 36.932 9.526 46,000 6,533 9,949 5,183 8.927 11.070 48,500 50.000 20,000 TOTAL FUNDS 3.543,764 3,458.551 58,213 Nafjonal Mind Gr¥rts: - Coop Reslllence Programme- StrongerTo8ether- Supporting the Leeds Suicide Bereavement Family Fund. - Investing in Mentsl Health (Money & Mel- to support people with both their mental and financial wellbeln8 by providing up to eight support sessions with a navigator to help understand and improve money management. to bettèr protect their mental wellbeing. Business Continuty/Development Fund- funding for organi5ational development review - Peer Support General- Mlnd LMGF Service- a communityof people who have experienced difficulties with mental health. Through shared lived eKperience. there 15 a focus on an Sndlvidual's strengths and helping to develop Skills and strategie5 to maintain their mental health. Hyde Park Sour¢e- grant to reinvigorate the grounds of the Leeds Mlnd headquarters. Communlty F¢)undadon for Le¢ds- Open Minds covers two courses. One designed with and for LGBTQl+ people for whom identtty has an impact. One designed wlth and for autistic Indlvlduals and how being autistlc ay affect mental heatth. Inkwell Art5 - fvnding to provide a crèative wellbeing service. Leeds Mind support the community in discovering the link between creativity and Wellbei￿ helping them to look aftertheir mentsl health for the long term. SWYFT Sulcide Prevention- fundi￿ to develop and subsequently dellver a service of financial wellbeing 5UPPQrt. Co•- From C¢>OP Foundatlon to help young people support each other durlng bereavement, wlll use the fundlngfor Leeds Bereaved by Suicide service, expect to support young people throughout the project. Page 35 continued... LEED5 MIND NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31ST MARCH 2024 20. MOVEMENT IN FUNDS- conllnued leed5 Older People's Forum - Time to Shine Befriending - for the delivery of a social sUPPOrt and befriendlng servlce for people a8ed 50+ who are experlencln8 mental health difficultles and high levels of soclal Isolation. M•nny Cusslns Found•tlon - fundlng to rÈeruit a Children and Young Person's lead, a role that Is pfvotal to the setup and ongolng development of a significant seNice for Children and Youn8 People across Leeds and the surroundlng areas. Bupa- funding to support men In Leeds struggling with social isolation and or mental health dlfficultles. NHS Hub IPeer Supportl- Peer support group working for 11-tO-25-year-olds. NHS Hub (Peer Supportl Coun5elllng- Oneto one counselling service Health Inequalilles - Culturally diverse minds - fundin8 to extended community engagement work with the Young B13ck Minds project for one year. Specifically* to provide èdditional peer support worker5 to the project. Help For Hardshlp - a Service delivered in partnership by local Citizens Advice, local Minds and Trus5ell Trust food banks to help people 5tru8gling with money and mental health problems with joined-up support from all three partner5. Paul Hamlyn - Chlldren & Young People grant to support Leeds Mlnd Youn8 People's Peer support and fundln8 wlll Contribute to salarie5 and core costs. Purpose of deslgnated funds The designated property fund represents the net book value of the two buildings owned by the charlty whlch are used to deliver seNlces. The inward investment designated fund of £250,ts)O wascreated bytheTrusteesto fund pilot projects orto cont5nue projects where a gap in funding occurs. Tramsfews between tunds Transfers between restricted and 8eneral funds during the year ended 315t March 2024 represents the fulfilment of the restriction and the correction of the fund balance to account *orthe incOr￿Ct allocation of expenditure in prior periods. ZL RELATED PARTY DISCLOSURES Trustees are required to declare all ￿levant interests wrth which they are connerted and in accordance with the Charit￿$ polic￿ wlthdraw from decisions where a conllict of interest arises. Some Trustees use their expertise in areas affertin8 Leeds Mind. but no Trustee had any significant personal financial interest in contracts with the Charity during the year. There were no related party transactions for the year ended 31st March 2024. 22. PENSION COSTS The charity contrlbutes to a defined ¢ontrIbU￿On scheme through Royal London. The cost to the charlty In the year was £208,45912023'. £179,724). At the year end £Nil12023: EI,8831 was outstandin8. This page does not form part of the statutory financial statements. Page 36 LEEDS MIND DETAILED STATEMENT OF FINANCIAL AcnvmES FOR THE YEAR ENDED 31sr MARCII 2024 2024 2023 INCOME AND ENDOWMENTS Dahatlons and lega¢les Donafjons Legacles Grants 257,900 20,806 462,620 278,331 170.803 340.153 744326 789.287 Other trathmg aclivilies Fundraising events Shop im?me 2310 26304 4,795 18.1)00 29214 22.795 Investhient Income Deposit account interest 1396 4.989 Charltsble acdvlties LCC Adult Social Care WY IC8 SWYFf Suicide Prevention Training Consultsncy Counselllng and other cllent income Linking Leeds- contract North Yorkshire Hospice Care Health educa￿On- Clinical Support workers Health Educatlon- Young black mlnd5 Variou5 Other small fund5 Community Foundatlon for Leeds Other Intome 395.056 I￿97.675 415,842 1.587,688 94,602 13,051 14,700 382,910 32,175 46,526 70.000 9,949 13,250 9.916 26,289 349,634 1,012 In8810 2.726.693 Total Incoming resour 3￿346 3.543,764 EXPENDrruRE Ralslng donations and legades Staff costs Stsff travel. training and other Costs Volunteer expenses Office costs Legal and professional costs IW16 3.656 147.944 1.193 91 38.722 3,000 27.296 12,675 190.950 Charltsble actlvltles Staff Costs Carried fornard 2JOO.906 2,31XI,906 2.110,692 2.110,692 This page doe5 notform part of the 5tstutory finandal statements. Page 37 LEEDS MIND DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR ThE YEAR ENDED 31ST MARCH 2024 2024 2023 Charftable acthrttles Brought forward Volunteers expenses Events and meetings aient activities Building c05t5 RenL rates and utillttes IT t05ts Office cost5 Bad debts Staff travel, tralnlng and other costs Partner payments 2,110,692 1,151 18.974 6,839 2.727 21.269 122.878 12.918 10.923 53.721 186,459 L004 26,423 38,299 54 37083 1705 46294 Z37319 I,698￿1 2,548,551 Support costs Management stsff and a8enty 5tsff costs Stsff costs other Volunteer costs General office and admin costs Buildlng and malntenance costs Rent, rates and udlltles IT costs Bad debts Freehold property 368,937 36A30 135 6S274 46.uo 23m6 126209 {15328) 17.156 396.420 21,663 339 89.130 48.078 25.959 102.187 15,548 17,157 6WIg 716.481 Go￿rnance cost$ Auditor5, remunerafjon Le8al and professional fees 14,1)(Kl 14,035 12.240 17,329 28,035 29,569 Totsl resource5 expended 3JJ8,168 3,485,551 Net {exp¢nditureifincome (97,8221 58,213 Thls page does not form part of the ststutory financial statements. Page 38 Leeds Mind Clarence House 11 Clarence Road Horsforth Leeds LS18 4LB Company number: 02193270 Thomas Coombs Limited 3365 The Pentagon Century Way Thorpe Park Leeds LS15 8ZB 11[th] December 2024 To whom it may concern, ## **LEEDS MIND** ## **LETTER OF REPRESENTATION** ## **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31[ST] MARCH 2024** The following representations are made on the basis of enquiries of management and staff with relevant knowledge and experience such as we consider necessary in connection with your audit of the charitable company’s financial statements for the year ended 31[st] March 2024. These enquiries have included inspection of supporting documentation where appropriate and are sufficient to satisfy ourselves that we can make each of the following representations. All representations are made to the best of our knowledge and belief. ## **General** 1. We have fulfilled our responsibilities as directors / trustees as set out in the terms of your engagement letter dated 29[th] May 2024, under the Companies Act 2006 for preparing financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), for being satisfied that they give a true and fair view and for making accurate representations to you. 2. All the transactions undertaken by the charitable company have been properly reflected and recorded in the accounting records. 3. All the accounting records have been made available to you for the purpose of your audit. We have provided you with unrestricted access to all appropriate persons within the charitable company, and with all other records and related information requested, including minutes of all management and trustee meetings and correspondence with The Charity Commission. 4. The financial statements are free of material misstatements, including omissions. 5. The effects of uncorrected misstatements are immaterial both individually and in total. The total impact of uncorrected misstatements is £Nil. ## **Internal control and fraud** 6. We acknowledge our responsibility for the design, implementation and maintenance of internal control to prevent and detect fraud and error, and we believe that we have appropriately fulfilled these responsibilities. We have disclosed to you the results of our risk assessment that the financial statements may be misstated as a result of fraud. 7. We have disclosed to you all instances of known or suspected fraud affecting the entity involving management, employees who have a significant role in internal control or others where fraud could have a material effect on the financial statements. 8. We have also disclosed to you all information in relation to allegations of fraud or suspected fraud affecting the entity’s financial statements communicated by current or former employees, analysts, regulators or others. ## **Assets and liabilities** 9. The charitable company has satisfactory title to all assets and there are no liens or encumbrances on the charitable company’s assets, except for those that are disclosed in the notes to the financial statements. 10. All actual liabilities, contingent liabilities and guarantees given to third parties have been recorded or disclosed as appropriate. 11. We have no plans or intentions that may materially alter the carrying value and, where relevant, the fair value measurements or classification of assets and liabilities reflected in the financial statements. ## **Accounting estimates** 12. The methods, data and significant assumptions used by us in making accounting estimates, and their related disclosures, are appropriate to achieve recognition, measurement and disclosure that is reasonable in the context of the applicable financial reporting framework. ## **Loans and arrangements** 13. The charitable company has not granted any advances or credits to, or made guarantees on behalf of, directors other than those disclosed in the financial statements. ## **Legal claims** 14. We have disclosed to you all claims in connection with litigation that have been, or are expected to be, received and such matters, as appropriate, have been properly accounted for and disclosed in the financial statements. ## **Laws and regulations** 15. We have disclosed to you all known instances of non-compliance or suspected non-compliance with laws and regulations whose effects should be considered when preparing the financial statements. ## **Related parties** 16. Related party relationships and transactions have been appropriately accounted for and disclosed in the financial statements. We have disclosed to you all relevant information concerning such relationships and transactions and are not aware of any other matters which require disclosure in order to comply with legislative and accounting standards requirements. ## **Subsequent events** 17. All events subsequent to the date of the financial statements which require adjustment or disclosure have been properly accounted for and disclosed. ## **Going concern** 18. We believe that the charitable company’s financial statements should be prepared on a going concern basis on the grounds that current and future sources of funding or support will be more than adequate for the charitable company’s needs. We also confirm our plans for future action(s) required to enable the charitable company to continue as a going concern are feasible. We have considered a period of twelve months from the date of approval of the financial statements. We believe that no further disclosures relating to the charitable company’s ability to continue as a going concern need to be made in the financial statements. ## **Grants and donations** 19. All grants, donations and other income, the receipt of which is subject to specific terms or conditions, have been notified to you. There have been no breaches of terms or conditions in the application of such income. ## **Restricted funds** 20. All restricted funds have been notified to you, with the total amount of restricted funds at 31[st] March 2024 being £135,011. ## **Designated funds** 21. All designated funds have been notified to you, with the total amount of designated funds at 31[st] March 2024 being £598,000. We acknowledge our legal responsibilities regarding disclosure of information to you as auditors and confirm that so far as we are aware, there is no relevant audit information needed by you in connection with preparing your audit report of which you are unaware. Each director has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that you are aware of that information. Yours faithfully .............................................................................................................................. Signed on behalf of the board of directors 11[th] December 2024