REGISTERED COMPANY NUMBER: 02193270 (England and Wales) REGISTERED CHARITY NUMBER: 1007625 REPORT OF THE TRUSTEES AND FINANCIAL 5TATEMETrif5 FOR THE YEAR ENDED 31ST MARCH 2025 FOR LÉEDS MIND IA COMPANY UMITED BY GUARANTEE) Leeds Thomas Coombs Limited Ststutory Auditor Chartered Accountants 3365 The Pèrttagon Century Way Thorpe Park Leeds West Yorkshire LS15 8ZB
LEEDS MIND CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025 Page Relerence and Admlnlstrative Detalls Report of the Trustees 2 to 11 Report of the Independent Audltofs 12 to 15 Statement of Flnanclal Artlvltles 16 Balance Sheet 17 Cash Flow Statement 18 Notes to the Cash Flow Statement 19 Notes to the Finan¢ial Statemerts 20 to 36 Detailetl Statement of Flnanclal Athvltles 37 to 38
LEEDS MIND REFERENCE AND ADMINISTRATIVE DETAIL5 FOR THE YEAR ENDED 31ST MARCH 2025 TRUSTEES Kathryn Lupton len Mur8atroyd Saratt Bronsdort David Gèe Cheryl Astley Rebecca Lasseko Luke Barrett Aysha Akram Tracy Commons Michael Gartside Heather Gibson-simpson Caroline McGrath Blane Watson Chair Vice Chair (resigned 7th ortober 20241 Iresi8ned 5, June 20241 Iresigned 29 Ortober 20241 (resigned 15 Ortober 20241 (appointed 20, June 20241 (appointed 20 June 20241 Iresigned 5, August 20241 (appointed 20, June 20241 (appointed 20, lune 20241 lappointed 20, June 2Q241 COMPANY SECRETARY Lury Hancock SENIOR LEADERSHIP TEAM Thè members of the Senior Leadership Team as of 31" March 2025 were.. Lucy Hancock Eloise Bell Andrew Lowe lan Chapman Ayesha Alves-Hev Chief Executive Director of People, Culture and Governance Finance and Resources Manager Busine55 Development Director Operation5 Director REGIStERED OFFICE Clarence House 11 Clarence Road Horsforth Leeds West Yorkshire LS18 4LB REGISTEREO COMPANY NUMBER 02193270 (England and Wales) REGISTERED CHARITY NUMBER 1007625 AUDITORS Thomas Coomb5 Limited 3365 The Pentagon Century Way Thorpe Park Leeds LS15 8Z8 BANKERS Unity Trust Bank Nine Brindley Place Burmingham BI8 Page I
LEEDS MIND REPORT OF THETRUSTEES FOR THE YEAR ENDED 31ST MARCH 2025 The Trustees are pleased to present their annual report together with the financial statement5 of the charity forthe year ended 31 March 2025, the 3nnual report is a150 prepared to meet the requirements for a Director5, report and Financial Statements for Companies Att purposes. The financial statements comply with the Charitie5 Art 2011. the Companies Act 2)6. the Artirles of As50ciatlon and Accounting and Reporting by Charities- Statement of Recommended PTartice applicable to charitie5 preparing their Financial Statements in accordance with the FSnancial Reportlng Stsndard applicable in the UK and Republic of Ireland IFRS1021 (effective l January 20191. Reference and Adminlstratlve Detai15 The Charity Information page forms part of this report. Page 2
LEEDS MIND REPORT OF THETRUSTEES FOR THE YEAR ENDED 31ST MARCH 2025 oBJEIvEs AND A1VITIEs ObJertlves and Actlvltles Leeds Mind is a registered ch3Tity. The charity's objettives as set out in the Memorandum and Articles of A550ciation are to promote the preseNation of good mental health, to enable people experiencing mental heahh difficulties to COVer and to increase understanding of montsl health. The area of benefit 15 Yorkshire. The aims, oblectives and activities of the charity are reviewed regularly, and achievements assessed. When reviewing these and In planning future activities. the Trustees have complied with the duty in section 17 of the Charities Act 2011 to have due regard to public benefit guidance published bythe Charity Commission. The organisational strategy, launched in June 2022, ran for three years from 2022 to 2025, and has been extended for an additional year whilst the new strategy is being developed. This strateby sets out four strategSc pillars.. We Connect Mind5: bringin8 people together to make change in our communities.. We Support Minds.. delivering life-changing 5UPPOrt; We Change Minds- speaking out and making mental health everyone's business-, Together, we are Leeds Mind= working together to become a more inclusive and 5UStainable organisation. The third year of ourstrate8y has been one of significant change, seeing changes at Board and Senior Leadership level and continued volatility in external environment. During the year to 31 March 2025, the following services were delivèred.. workfor Wellbeing Training including help for employers and anti-stigma work, Employment support, Financial Wellbeing, Lived Experlence/peer Support lincluding cultural diversity, LGT8QIA+, Neurodiversityl Counselling, Befriendin& Suicide Bereavement Services, Self-Harm, Creative Arts. Young People's support. Leeds Mind Is a strategic partner in the Leeds community based mental wellbeing setvice. Live Well Leed5 and citywide social prescrÈbin8 service, Linkin8 Leeds. The Employment SeNi¢e, WorkPlaceLeeds, is an IPS model. externally audited a8ainst Fidelity stsndards by IPS GROW. The IPS model 15 a lobally recognised approach to helping people with mental illne55 find and maintain paid employment, working on the principle that anyone who is Interested in employment should be supported to find it regardless of diagnoses. The IT tra£ning 5Ulte has been part of thi5 service for manyyears. however during the yeardue to loss of fundingthe Service closed with the space repurposed for open plan working. The Employment servi 15 commissioned by the West Yorkshire Integrated Care Board with whom we work closely. Leed5 City Council, historically partfunded the service- thisfunding was withdrawn during the year. The èmployment service has under8one procurement in the last year with contract extended whilst the process is completed. Leeds Mind h35 entered this procurement in partnership with the newly foimed Leeds Communlty Mental Health Alliance alongside Tou¢hstone. Northpoint and 8arca. We will continue develop the alliance model over the coming year. Our Peer Support and Lived £xperience Services offer a range of workshop5. courses, support and activity groups to help people develop skills to better manage their mental health. We have lived experience services working alongside the community mental health teams and mental health rehabilitation and recovery units deliverin8 a range of therapeutic 121 and group interventions. Qur lived experience services are delivered by a staff team and volunteers who have their own lived experience of mental health difficulties. Our Èxpanded peer support provision includes leadin8 a successful partnership underthe mental health communitytransformation programme, fursding for which now comes under the Leeds Community Mental Health Alliance model with the contract being extended in line with the procurement process. The Leeds Mind Peer Support offer also includes support for neurodlver5e and LGTBQl+ communitie5 funded separately by 8rants/tru5ts. We deliver the Leeds Suicide Bereavement Service. and the West Yorkshire Suicide Bereavement Service which includes the Kirklees Family servi. These are po$entIOn services delivered by staff who have lived experience of suicide. The Servi works with all people who have been affected by suicide in their lives. These services received contract extensions during the year. Our Counselling Service offers one to one support through a low-cost route or through private practice. The aim of the private practice session5 IS to fund the low-cost session5. The service is delivered byvolunteerand paid cotjnsellors all offering a person-centred approach. During 2024-25, a nèw model wa5 piloted for the Counselling service to improve sustainabil(ty. The revised model is proving Successful and has now been embedded. Leeds Mind has delivered supportto young people through Youth in Mind. which built on our delivery of the previous THRU peer support servi¢e. The Youth in Mind Service provided a trauma informed approach to support, and was fully coproduced with young people leadin8 the delivery and design of the service. The service has continued to be successful over the year. Pa8e 3
LEED5 MIND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 315T MARCH 2025 Our consortium services comprise of the social prescribing service, Linklng Leeds and a community wellbeing service, Llve Well Leeds. The Linkin8 Leeds service offers people the opportunity to improve and enhance their day to day lives by connecting them to groups and services within their local community. Leeds Mind is a lead delivery partner in the city-wide service Linking Leeds which is led by Inspire North wa5 In its final year of delivery during this year and was successfully recommissloned for a further 5 years. Live Well Leeds service 15 led by Touchstone with Leeds Mind as a strategic partner delivering one to one and group work across the city for people wtth a range of mental health difficulties. This service h35 also been recommissioned during the year. Overall, external financial volatility ha5 continued to impact statutory funding sources significantly affecting third Sector organisations deeply. The change of Guvernment part waythrough the year added to geneial instability and uncertainty. also reco8nislng this may bring new opportunStles forthe sector and the organisation. Whilst Leeds Mind has continued to be affected by statutory funding tuts. we have been significantly affected by the Government Changes to National Insurance and the Real Livlng Wage adversely impacting our budget for the coming year. We have navigated the1055 of continuation funding for specific projects withln the year and voluntary income has remained a challenge. De5Plte these obstacles, we have mobilised new 5ervi¢es in the year including funding for a new City wide over SOS Befriending service. a self harm project Stepping Stones and Arts and Mind5, a community focussed arts and wellbeing offer. Performance reports are provided on a regular basis to Service commi55ioners, demonstTating how the fund5 are used to make a difference to people using our Servi$. The focus is on recovery and community en8agement. and there are regular reviews on the best tools to measure client journeys. The Outcome Star, Work Star and the Warwick-Edinburgh Mental Wellbein8 Scale IWEMWBSlare key measurement tools. For some provision. we report social impact mea5ure5 to better demonstrate the valLte of seryices. Our Wofkplace wellbein8 tralning offer ha5 continued to grow. We deliver the accredited Mental Health First Aid and bespoke courses to improve the mentsl health and wellbeing to a wide range of organi5ation5. This include5 Suicide prevention training and Menopauge awarenes5 training. We are pleased with developments in trainin8 over the last year and look forward to continuing this. We are an active member of Forum Central, the albiance of all voluntary 5ertor organisations in Leeds as well as a ran8e of other networks across West Yorkshire. We are also the Mindful Employer lead for Leeds and coordinate an active network of employers in the city with tF)e aim of fosterin8 posltive attitudes to mental health in the workplace. At National Mind. the focus has been on development of the Federation Sustainability Strategy and opportunities for local Minds to work together. We have been active contributor5 to Federation First and hosted a visit from the National Mind team during the year. Staff and volunteers We would like to record our thanks to the highly skllled staff team who show so much dedication and cornmitment to their work and to Leed5 Mind, particularly given the challenging financial and operational landscape. The team have shown resilience, shared values and commitment to improving mental health for all. We are a150 very fortunate to work with around 80 excellent and committed volunteer5. in addition to our Trustees. They are artive in various roles around the organisation particularly in our Befriendin& Lived Experience, Counsellin& groups and events. Without their continued 5UPPOrt It would not be possible to continue to offer the same high level of serv1. Durlng 2024-25, we have implemented changes as a result of an organisation-wide review to support to infrastructure and fill key senior leadership positions. Our People and Culture team have undertaken significant worl including continuing to strengthen our recruitment pmcesses, reviewin8 and updating performance review processes. building our online HR system IEvalu-81 and developing an Internal mms strategy, including our People and Culture and Trustee 5harePoint page5. Leeds Mind has robust recruitment prosses, includin8 the use of Disclosure and Barring Service checks for staff and volunteers. Page 4
LEEDS MIND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2025 STRATEGIC REPORT Achievement5 and perforniance Charltable actlvltles The13st year ha5 seen significant change at Leeds Mind, with changes at Senior leadership and Board level. We recruited our new Chair. Kathryn Lupton, in October 2024 supported by Vice Chair. Jen Murgatroyd, and appointed a new Treasurer, Blane Watson. Completing the organisation review at Senior Leadership Team level, we recruited a new Business Development Director. lan Chapman, and a new Operations Director, Ayesha Alves-Hey following Rhys Toone's departure in january 2025 Our core projects have been property and sustainability, rolling our existing strategy to enable us to consolidate pro8res5 ahead of dèveloping our new strategy for 2026 onwards. We have made considerable progress against our strategic objertives developing our culture through a values-led approach and were awarded a5 one of the UK'S Great Places to Work in March 2025. We have focussed on diversifyinE our workforce, commitment to inclusion. race equity and ac$$1b111ty to reflect and meaningfully engage the communities we are working with. We have moved forward in these area5 over the course of the year, with increasing proportions of thtr5e accessing services from culturally diverse125%1, LGBTQIA+120%1 and neurodiverse communities133%1, with the biggest increases in access from people in areas of deprivation154% from deciles 1-31. Board development ha5 also been a prlorlty for Leed5 Mind. Alongside the Chalr and Treasurer, we have had several new Trustees join the Board, who have broy8ht diverse experience and specialist expertise. We have held regular Away Days and other a¢tlvÉties to strengthen Trustee engagement, and prioritised effective onboarding processes. We have also undertaken a review of our governance, reconfiguring our committee strutture to redu duplication and enable strategic focus. Our actions to further strengthen 6oard development are set out in a Board Development Plan. which was approved at our Board meeting in March 2025 and serves as a 'live' plan. Whi15t reduction in fundin8 has reduced capacity in some service5 including our young people and financial wellbeing setvices, we have seen increases in others. In 2024-2025, we supported 8719 people with some of our services Seeing signiflcant percentage increases- including the West Yorkshire Suicide Bereavement Service127% InCase1. and116%1 Counselling140%1. In 2024-2025, 1 in 4 of the people accessing our support were aged 25 or under. This is in line with our strategy to support children and young people. and partlythanks to our Youth in Mind support service. Money & Me, our pioneering mental health and financial wellbeing servi¢e was extended during thi5 year and ended In March 2025 due to lack of funding. We have been able to incorporate some of the learning into our Workpla wellbeing offer. Our mental health training and counselling services have continued to grow. with a range of training and courses bèing offered, and the Counselling service now financially sustainable, 8eneratin8 an income of £59,199. Our influenc4ng and antl-5tigm3 work ha5 continued most notably with the great success of our Mindful Employer conferènce focu55ed on mentally health workplaces for all with a varied programme5 and over 200 delegates we have continue to prioritise the importance of workplace inclusion and wellbeing. We also had the opportunity under the new labour government to host a ministerial visit and round event with Leeds Mind staff, people who use our seNice and senior minsters to discuss young people, mental health and barriers to employment. Feedback from our Clients and commlssloner5 continue5 to be positive. Most of our client5 said they would recommend Leeds Mlnd to famity and friends. Feedback from client5 in 2024125: '1 was nervous I would be judged or feel like I wouldn't belon& but since I have joined, I feel like l am part of the community and every evening l attend l always feel happy" Iyouth in Mind client). "My worker gave me hope and self-belief and a positive outlook. I cannot thank him and WorkPlace Leeds enough" IWorkPlace Leeds client). "Open Minds hasn't only made a positivè difference to my life, but it has saved my life" (Peer Support Open Mind5 client). This was the third year of our strategic plan 2022 2025 and our business plannlng and priorities were based around our four strateglc objectives: l. We connect Mlnds- bringing people together to make change in our communitie5. We have done this by: Working with more than more than 8,700 people across Leeds and West Yorkshire. Page S
LEEDS MIND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2025 Connecting Socially isolated people agèd over 50 with like-minded volunteer5 Delivering our service5 in a range of cornmyg)ity locations increasing people ac¢essin8 SUPPOrt from area5 of deprivation Improved aCSSibIlItY in our recruitment processes and policie5 Developed our Race Equity Steering Group and action plan Developing our partnerships through consortium services Establishing a new alliance partnership bringlng together our Employment Support and Peer support services working in community mental health transformation into wider partnership offer. 2. We Support Mlnd5- delivering life-chansing support We have done this by.. Supporting over 250 people through counselling - Supported over 500 people with lived experiencelpeer 5UPPOrt Expanding our West Yorkshire lived experience delivery with Stepping Stones Self Harm service Supported ovey 220 people through creative arts therapies Providing responsive financial wellbeing to support people with the cost-of-living cri515 Continued to deliver young people's support, securing new funding for young women, girls and non-binary people Increased representation across priority groups, includin8 culturally diverse groups, neurodiversity, LGTBQIA+ - Supported over IOLKS people with our suicide bereavement 5UPPQrt and launched a peer support group foryoung people to impacted by 5ui¢ide 3. We Chanie Mlnds- speaking out and making mental health everyone's busine55 We have done thls by: Increased our mental health trainlng offer and dellvered to over 1,700 people Elevating lived experience voltes particularly least heard voices for example through our Barbers project videos tacklin8 the health inequalities faced by men from South Asian, African and Caribbean backgrounds Nurturing relationships with corporate and community SUPPOrter5, continuing to build on the succes5 of live streamin8 gaming event and event5 programme Influencing ond raising our profile via camp3i8ns includin8 Mental Health Awareness Week, World Suicide Preventlon Day, Chlldren's Mental Health Awareness Week and Leeds Mind Multicoloured Monday. Increasing our Charity of the Year corporate supporters Hosting a city wide Mindful Employer conference focussed on Mentally Health Workplace5 for All. Influencing coproduced approaches to mental health support through our Youn8 People's Steering Group and Impact group., Hosting a ministerial visit with new Bovernment ministers and senior leaders from the Departments of Health and Social Care and Work and Pensions Working closely with our commissioners to develop new models for commissioned services 4. Together, we are Leeds Mlnd- working tO8ether to becorne a more inclusive and sustainable organisation We have done thls by. Reviewed our strategy, layin8 the foundation5 for developin8 our next strategy - Awarded as one of the UK'S Great Places to Work Completing the organisation review process wh revised infrastructure and core sustainability projects such property Implemented our new approach to pav Improved our Performance Management and Development processes Appointed a new Chair of Trustees and trustees to increase diversity of experience on our Board Reviewed our 5y5tems onboarding a new CRM system Grown our service offer securing income and developing new services for example Arts and Minds, Open Minds Support for Leed5 Mlnd We are delighted that $0 many individuals and organisations have chosen to make Leeds Mind the beneficiary of their fundraisin8. The donation5 enable us to progress projects which otherwise we could not fund and support our programme Of artivities led by volunteer5. Leeds Mind could not exist without funding from Quf commissioners. trusts. individual donors. companies and other associations and we re 8ratefLtI all for their support for our vital work. Pa8e 6
LEEDS MIND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2025 STRATEGIC REPORT Achievements and perfomiance Fundraislng Sertion 162a of the Charities Act 2011 requires charities to make a statement regarding fundraising artivities. Fundraising is defined as 'soliciting or otherwise procurin8 money or other property for charitable purposes. All amount5 raised throu8h fundrai5in8 in the year are presented within 'Donation5 and legacie5' which include5 donation5 from individual supporters, corporate supporters and legacies. We are extremely grateful to everyone who has donated or participated in events. Lèed5 Mind does not use professional fundraisers, commercial participators or third parties to fundraise on our behalf. The day-to-day management of all income generated is mana8ed internally by the staff team who art under authority delegated by the Trustees. The charity is voluntarily bound to be regulated by the Fundraising Regulator and pays the appropriate levy. Leeds Mind ¢omplÉes with the Code of Fundraising Practice set out by the Fundraising Regulator. We have not received any complaints in relation to our fundraising practice for the year under review. Finan¢lal revlew Flnanclal Posltion Total income for the year was £3.682.27912024.' £3,500,346), an increase of 5%. Movement is mainly due to increases In revenue from service5. training delsvery and counselling. Expenditure in the year has increased to £3,683,96112024.' £3,598,168). The increase of £85,793 repSentS a year-on-year increase of 2.4% and is for new investment to replace our operational CRM along with higher IT costs for Microsoft software releases. Additional salary costs are attributable to the 24-25 pay award. Overall Leeds Mind made a small deficit for the year of £1,68212024.. deficit of £97,822). Prlncipal Fundlng Sourcés The main funding sources are the NHS in Leed5 through the West Yorkshire Integrated Care Board IICBI and Public Health within Leeds City Council ILCCI. Leeds Mind works closely with its commi55ioners and is grateful for their continuing support in a very difficult financial climate. We are also fortunate to have some funding support through grants and trusts. Fixed Assets and Inve5tmentS The movements in fixed a55et5 durin8 the year are set out in note 10 to the financial statements. The Trustees have agreed that temporarily surplus funds should be invested in short term low-risk accounts with the highest possible rates of Inte$t in the current climate. All investments are held in c3sh and there are no long-temi investmènts lover 12 rnonth51. Cash balances are reviewed by the Finance Committee regularly. Re5eNes policy Leeds Mind maintains an unrestricted cash re5eThe to cover any potential funding shortfall between the costs identified in the annual budget and the corresponding fundraising target for the year, the potential costs of staff ft0tF and redundancy for a majority of staffin& the costs of lease5 on equipment, and any other short-term liabilitie5. For 2025 the unrestricted reserves requirement in case of dose down is calculated as £847,252. As of 31 March 2025, Leed5 Mind held £1,148,877 comprising £1,639,857 of Current assets offset by £490,980 in current liabilities. In the event of c105edown, Leed5 Mind would cover all otherclosedown costs through liquidation of fixed assets in particularthe Clarence House and De Lacey House building5. This 15 expected to reali5e sufficient cash to cover all remaining liabiltties. Leèds Mind maintains sufficient cash at the bank to cover Lsnrestricted reserves, restricted lunds and defed credit liabilities. Page 7
LEEDS MIND REPORT OF THE TRusfEES FOR THE YEAR ENDED 31ST MARCH 2025 STRATEGIC REPORT Plan5 for the Future This ha5 been the final year of our strategy 2022-2025 and 15 underpinned by an annual business plan. Our strategic plan 2022-2025 sets out our objectives under four strategic pillars and form5 the basis for business planning acros5 Leeds Mind. The main oblèctives for 2025126 are set out below: l. We Connert Mlnds- bringing people tO8etherto make chan8e in our communities. We wlll dothls by: Using our equality dats to inform workforce our inform cultural and workforce development Progress our Race Equity Action Plan - Working collaboratively with local Mind5 in Yorkshire to improve sustainability and access to Mind mental health 5UPPOrt. Developing partnerships across the Yorkshire region and increase our corporate partners and supporters - Work closely with Community Mental Health Transformation to improve the user experience 2. We Support Mlnds- deliverin8 life changing support. We will do thls bv: Implementation of a new internal communicatlons plan lrnprove our impact reportin8 to better demonstrate the 5UPPOrt we provide - Secure our core servi contract5 to provide stability for people access our services and our team Prioritise our delivery to communities most affected by poor mental health Developlng our competency framework to enable talent management and recruitment Listening to our impact 8TOUP to inform organisational development 3. We Chan8e Minds- speakin8 Out and makin8 nental health everyone's business. We will do this by= Implementing a new communications strategy Promoting our workplace wellbeing offerthrough training and h05ting the Mindful Employer network Building on our collaboration with stakeholders and partner5 to secure existing and develop new Services. Sharing client stories and least heard experiences to demonstrate the value of lived expeTience - W¢rking closely with our voluntary sector partners and statutory commis5ioninyjpolicy makers to influente and improve the mental health System 4. Together. we are Leeds Mind- working together to become a more inclusive and 5U5tainable organi5ation. We will do this by.. Creating a new organisational strategy to Set the direction from 2026 onwards Implementin8 a new Busine55 Development strategy Developing our approach to Al through developing our approach to digital Focu55ing on Board development and new trustee onboarding Improving our Lyber security through training and accreditation. Implementing a new client case management SV5tem and reviewing existing systems to bring infrastructure efficienry Progressing the property options appraisal Reviewin8 our wellbeing Strategy and staff support offer to Improve 5t3ff retention and absence. Page 8
LEEDS MIND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2025 STRUCTURE, GOVERNANCE AND MANAGEMENT Governlng document Leeds Mind was founded in 1972. The company is incorporated under The Companies Act as a company limited by guarantee and Is governed by a memorandum and articles of association which outline the objects and powers of the company. The company is a registered charity and operates a5 a non-profit making organisation. A5 a company limited by guarantee Leeds Mind has no share capitsl. Leeds Mind is affiliated to Mind - The National Association for Mental Health INAMHI. Mind a5sure5 the or8anisational quality of the network by using the r¢bust quality assurance framework, the Mind Quality Mark. Leeds Mind was assessed against this Quality Mark in Ortober 2022. National Mind's current process is that full MQM assessments take place approximately every 3 years. Due to review of the MQM process, Leeds Mind can expert the next review in 2026. a timescale has not been confirmed. Organisational structure All Dirèctors of the company are also Trustees of the charity. We also have co-opted members who provide specialist input. There are no other Trustees. The Trustees who served during the period under review are set out on page l. Directors and Trustees of the charity are appointed in accordance with the articles of associètÉon. Trustees retire at the end of their tenure which is for an initial period of three years at the Annual General Meeting and are eligible for a further two re-election5. The Board of Trustees, the governing body of the organisation. is composed of up to 18 elected members who are both Trustees of the charity and Directors of the company, there were 8 trustees in the financial year ending 31st March 2025 with four trustees resigning during the period. The Board meets quarterly, and the senior leadership team attend the meetings for accountability and reporting purposes. There are four committees of the Board which meet q*Jarterly throughout the year. and they are responsible for Finance, Quality and Performance, People & Culture and Bu5ine55 Development. The Board Benerally seeks to recruit members who. as well as having the required skills for the governance of a charity, also have lived experience of mental health difficulties. New Trustees are recruited through an open recruitment process. They have a comprehensive onboarding programme covering both the legal responsibtlities and or8anisational context. There are a range of ways for trustees to get to know the or8anisation which És covered during onboarding and continues with 5erie5 of events throughout the year. The 8oard agrees the 5trate8y and direction of Leeds Mind and delegates the day-to-day management of the organisation and the provision of services to paid staff and volunteers who work under the authority of the Chief Executive and the Senior Leadership Team. Key management remuneration This year has been the first year of the Leed5 Mind pay policy. The pay policy applies to all staff including the Senior Leadership Team with annLEal pay reviews overseen and agreed by the Board. Pay levels a benchmarked regularly against other organisations locally and using a range of other settor benchmarking tools. Pay policy governance is overseen by the People Development committee with anv recommendations and report5 80inB to the Board. Page 9
LEEDS MIND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2025 STrUCTURE. GOVERNANCE AND MANAGEMENT Rlsk mana8ement The Trustees have carried out ongoing assessments of the company's activities setting out the major opportunities available to the company and the risks to which it is exposed. These risk5 are Identified in the risk register and are Tisk assessed on a quarterly bas15. The Principal risks and uncertainties faced by the charity at the time of writlng are a5 follows.. Changes to national procurement policy under the Provider Selection Regime and potential impart for two of our significant contracts leadin8 to uncertainty for both the staff and the or8anisation. Rebuilding OUT income 8eneration stTate8y due to the general decrease In voluntary Income affected by the cost of living crisis. The volatillty of the economic and political climate and financial crisis impacting all majorstatutoryfunding source5 Wlth increasing costs and decreasing funding squeezing organisational resource5 and impatting sustainabilitv. Chan8e of 8overnment and uncertainty about what this will mean for the charitable sector and the communities we support Reputational risk a550¢iated with the Mlnd brand Non-compliance wlth core le8islatlon for example safeguardift& GDPR, Health and Safety prosseS and produre5. The Trustees have considered their responsibilities under legislation including health and safety, employment law and safeguarding. Systems and pro¢edures have been Implemented to manage specific risk5 that have been identified, including training for all appropriate persons as nece55ary. A lead trustee for safeguarding appointed. A risk appetite statement 15 agreed by the Trustees anrtually. STATEMENT OF TRUSTEES, RE5PONSIBILITIE5 The trustees Iwho are a150 the directors of Leeds Mind for the purposes of company lawl are responsible for preparing the Report of the Trustees and the financial ststernents in accordance with applicable law and United Kin8dom Accounting Standard5 (United Kingdom Generally Accepted Accounting Prartirel. Company law quireS the trustees to prepare tlnancial statements for each financial year which give a true and falr view of the state of affairs of the charitable company and of the incoming resource5 and application of resources, including the income and expenditure, of the charitsble company for that period. In preparing those financial statements, the trustees are required to select suitable accounting policies and then apply them consistently,. observe the method5 and principles in the Charity 50RP,' make judgements and estimates that are reasonable and prudent: state whether applicable accounting standard5 have been followed, subject to any material departUTe5 disclosed and explained in the financial 5tatements,' prepare the financial ststements on the going conrn basis unle55 It is inappropriate to presume that the charitable company will continue in business. The trustee5 are responsible for keeping proper accounting record5 which disclose with reasonable atcuracy at any time the financial position ¢f the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charltable company and hence for taking reasonable steps for the prevention and detection of fraud and other Irregularities. In so far as the trustees are aware.. there is no relevant audit infoimation of which the charitable company's auditors are unaware; and the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditor5 are aware of that information. Pa8e 10
LEEDS MIND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2025 AUDITORS The auditors. Thomas Coombs Limited, will be proposed for -appointMent at the forthcoming Annual General Meeting. Report of the twstees. incorporating a strategic report, approved by order of the board of trustees, as the company directors. on IQ December 2025 and si8ned on the boarty's behall by= Kathryn Lupton- Chair Page 11
REPORTOFTHE INDEPENDENT AUDITOR5 TOTHE MEMBERS OF LEEDS MIND Oplnion We have audited the financial ststements of Leeds Mind Ithe 'charitsble company'l for the year ended 31st March 202S which comprise the Statement of Flnancial Attivities, the Balance sheet, the Cash Flow Statement and notes to the financlal statements, including a summary of significant atcounting policies. The flnancial reporting framework that has been applied in their preparation is applicable law and United Kin8dom Accountin8 Standards (United Kingdom Generally Accepted Accounting Practice). In OUT opinion the financial statements.. give a true and fair view of the state of the charitable company's affaÈrs as at 315t March 2025 and of its incoming resources and application of resources, including it5 income and expenditure. for the year then ended,. have been properly prepared in accordance with United Kin8dom Generally Accepted Accountin8 Practi,. and have been prepared in accordance with the requirements of the Companies Act 2006. Basis for opinlon We conducted our audit in accordance with International Standard5 on Auditing IUKI11SAs IUKII ard applicable law. Our responsibilities underthose standards are further described In the Auditors, responsibilities forthe audit of the financial statements section of our report. We are independent of the charltable company in accordance with the ethical requirement5 that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfllled our other ethical responsibilities in accordance with these requirements. We believe that the audit eviden we have obtained is Sufficient and appropriate to provide a basis for our opinion. Concluslons retin6 to 80lng concern In auditing the financial Statements, we have concluded that thè trustees, use of the going concern basis of accounting in the preparation of the financial statements 15 appropriate. Based on the workwe have performed, we have not identified any material uncertainties relatingto events or conditions th3t, individually or collectively, may cast slgnificant doubt on the charitable company's abillty to conti¥hue as a going concern for a period of at least twelve months from when the financial statements are authori5ed for issue. Our responsibilities and the re5ponslbilities of the trustees with respect to going Concern are describèd in the relevant sections of thi5 report. Other informatlon The trustees are responsible for the other informotion. The other information cornpri5es the informati¢n included in the Annual Report. other than the financial statements and our Report of the Independent Auditors thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly ststed in our report. we do not express any form of assurance conclusion thereon. In connertion with our audit of the financial Statements, our responsibility 15 to read the other information and, in doing so, consider whether the other Information is materially inconsistent with the financial Statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstaternent in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information. we are fequired to report that fact. We have nothing to report in this regard. Oplnions on other matters pre5crlbed by the CompanRs Art 2006 In our opinion, based on the work undertaken in the course of the audlt.. the information given in the Report of the Trustee5 for the financial year for which the financial 5taternents are prepared is con515tent with the financial statements- and the Report of the Trustees has been prepared in accordance with applicable le8al requirements. Page 12
REPORTOF THE INDEPENDENT AUDITORSTO THE MEMBERS OF LEEDS MIND Matters on whlch we are required to report by exception In the light of the knowledge and understandin8 of the charitable company and its envlronment obtained in the course of the audit, we have not identified material misstatements in the Report of the Trustees. We have nothirtgto report in respect ofthe following matters wherethe CompaniesAct 2006 requires us to report to you if, in ouropinion: adequate accounting records have not been kept or retums adequate for our audit have not been received from branches not visited by us; or the financial statements are not in a8reement with the accounting records and returns,. or certain disclosures of trustees. remuneration specified by law are not made.. or we have not received all the information and explanations we requlre for our audit. Responsiblllties of tN5tee5 As explained more fully in the Statement of Trustees, Responsibilities, the trustees Iwho are also the directors of the charitable company for the purpose5 of company lawl are responsible for the preparation of the financial Statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financlal statements that are free from material misstatement. whether due to fraud or error. In preparing the financial statements. the trustees are responsible for assessing the charitable company's ability to cofitinue a5 a going concern, di5closinÉ, as applicable, matters related to going ¢on¢ern and using the goin8 concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternattve but to do so. Page 13
REPORTOFTHE INDEPENDENT AUDITORSTO THE MEMBERS OF LEEDS MIND Our re5P01151bllftles for the audlt of the flnanclal Statements Ouroblectives are to obtain reasonable assurance about whetherthefinancial statements a5 a whole arefreefrom material misstatement. whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assuran, but 15 not a 8varantee that an audit condurted in accordance with ISAS IUKI will always detect a material misstatement when it exists. Misstatements 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 ststements. Irregularities, including fraLtd. are instances of non-compliance with law5 and reg¢Jlations. We design pro¢edures in line with our responsibilities, outlined above, to detect material misstatemernts in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, includin8 fraud is detailed below: Based on our understanding of the entity and industries in which it operates. we identified the principal risks of non-compliance with laws and regulations related to health and safety, 53feguardin& employments law and data protection. We a150 considered those laws and regulations that have a direct impact on the preparation of the financial statements such as the Companies Act 2006, tax legislation and the Fifianclal Reporting Standard applicable in the UK and Republlc of Ireland IFRS 1021. We assessed the susceptlbllity of the company's financial ststement5 to material misstatement and how fraud mi8ht occur, including through discussions with the directors and di5cusslons within our audit team planning meeting. We determined the principal risks were related to Posting journal entries to manipulate profits, and mana8ement bias in accoynting estimates. To address the risk of fraud through management bias and ovèrride of controls, we.. Performed analytical procedures to identify any unusual or unexpected relationships. Identified and tested journal entries and identified any significant transactions that were unusual or outside the normal course of business. Investigated the rationale behlnd si8nifl¢ant or unusual transactlons. Challen8ed assumptions and judgements made by management in determinin8 significant accounting estimates. In response to the risk of irregularities and non-compliance with law5 and regulations, we designed audit procedures which included, but were not limited to.. Agreein8 financial statements disclosure5 to underlying supporting documentation. Discussions Wlth management of known or suspected instances of non-compliance wlth laws and regulations. At the completion stage of the audit. the engagement partner'5 review included ensuring that the team had approached their work with appropriate professional scepticism and thus the capacity to identify non-compliance with law5 and regulations and fraud. There are inherent limitations in the audlt Procedures descrfbed above and the further removed non-compliance of laws and regulations is from the events and transartions reflected in the financial statements, the less likely we would become aware of St. Also, the risk of not detecting a material misstatement relating to fraud ts higher than the rlsk of not detecting one resulting from error, as fraud may involve delibèrate concealment. Afurtherde5cription of our re5ponsibi1Sties for the auditof the financial statements 15 located on the Financial Reporting Council's website at www.frc.or8.uvauditorsresponsibilities. This description forms part of our Report of the Independent Auditors. Page 14
REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF LEEDS MIND Use of our report This report is made solelyto the charitable company's members, as a body, in accordan with Chapter 3 of Part 16 of the Companies Act 2(XJ6. Our audit work ha5 been undertaken so that we mlght state to the charltable company's members those matters we are required to state to them in an auditois, report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume re5pon5ibility to anyone other than the charitable company and the charitsble company's members as a body, for our audit work, for this rekxjrt. or for the opinions we have formed. Jordan Mitchell ACA1Senior Statutory Auditorl lor and on behalf of Thomas Coombs Limited Statutory Auditor Chartered Accountants 3365 The Pentagon Century Way Thorpe Park Leeds West Yorkshire LS15 8Z8 Date: 10 Oecember 2025 Page 15
LEEDS MIND STATEMENT OF FINANCIAL AcfiviTIES FOR THE YEAR ENDED 31ST MARCH 2025 2025 Totsl funds 2024 Total funds Unrestricted funds Restrlrted fund Notes INCOME AND ENOOWMENTS FROM Donations and legacies 227.271 376.91Z 604.183 741,326 Charitable act&vities Peer Support Wellbeing Employment Consortium Training Youn8 Person5 Service 543.578 784,529 1.021.289 525.523 128,598 9A6Z 16.31x1 559.878 784.529 1,021.289 525,523 128,598 9A62 487,680 373,911 1,115,184 598.310 40.279 113.046 Other tradln8 artlvities Investment income 22,690 26.127 22,690 26.127 29,214 1.396 Total 3,289,067 393,212 3,682,279 3,500,346 EXPENDITURE ON Ralsing funds 237,702 237,702 213,372 Charltable acti¥ltles Peer Support Wellbeing Employment Consortlum Trainin8 Young Persons SeNice 563,877 810.938 1,029.198 528.744 9Z,989 30.257 137,732 2.217 90.900 701,609 813.155 1,120.098 528.744 92.989 189.664 633,439 561,110 1,191,231 608.195 83,690 307,131 159.407 Total 3.293,705 390,256 3.683.961 3,598,168 NET INCOMEIIEXPENDITUREI Transfers between funds 14.6381 90.710 2.956 190.7101 11.582) 197,8221 20 Net movement in lunds 86.072 187,7541 11.6821 197,8221 RECONauATION OF FUNDS Total funds brought forward 1,393,648 135,011 1,528,6S9 1,626,481 TOTAL FUNDS CARRIED FORWARD IN79.720 47.257 1,526.977 1.528,659 The notes form part of these financial statements Page 16
LEEDS MIND BALANCE SHEET 31ST MARCH 2025 2025 Total funds 2024 Total funds Unrestricted funds Restricted fund Note5 FIXED ASSETS Tangible assets 15 330,843 330.843 348,000 CURRENT A$5Ers Debtors Investments Cash at bank 16 17 86.669 274 1.552.914 86.669 274 1.600,171 139,995 294 1,518,515 47.257 1,639.857 47.257 1,687.114 1.658,804 CREDITORS Amounts fallin8 due within one year 18 {490,980} 1490,9801 1478,1451 NET CLIRRENT ASSErs 1.148,877 47,257 1.196,134 1,180,659 TOTAL ASSETS LESS CURRENT LIABIUTIES IA79.720 47.257 L526,977 1,528,659 NAsSEr5 1.479,720 47,257 LS26,977 1,528,659 FUNDS Unrestricted funds Restricted funds 20 1.479,720 47,257 1,393.648 135,011 TOTAL FUNDS 1,526,977 1,528,659 The financial statements were approved by the Board of Trustees and authorised for issue on 10 December 2025 and were signed on its beh31f by.. 6.VqATrK Blane Watson- Trustee The notes form part of these financial statements Page 17
LEEDS MIND CASH FLOW STATEMENT FOR THE YEAR ENDED 31ST MARCH 2025 2025 2024 Notes Cash flows from operating activities Cash generated from operations 55,529 117,485 Net cash provided by operating activities 55,529 117,485 Cash flows from Investln8 artlvftie5 Interest received 26,127 1.396 Net cash provided by investlng activities 26.127 1,396 Change in cash and cash equivalents in the reportlng period Cash and cash equlvalents at the bInnIng ot the reportin8 perlod 81.656 118,881 1.518.515 1,399,634 Cash and cash equlvalents at the end of the reportlng period 1.600.171 1,518,515 The notes form part of these financial statements Page 18
LEEDS MIND NOTES TO THE CASH FLOW sfATEMENT FOR THE YEAR ENDED 31ST MARCH 2025 RECONCIUAnON OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING AcllviTIE5 2025 2024 Net èxpendlture forthe reportln8 period las per the Statement ol Financlal Activities) Adjustments for: Depreciation charges Lo55e5 on investments Interest reiVed Decrease in debtors Increase/(dec2sel in creditors (L682} 197,8221 17.157 20 125.IZ71 53.326 12,835 17.156 11.3961 332.811 1133,2641 Net cash prIded by operatlons 55,529 117,48S ANALYSIS OF CHANGES IN NET FUNDS At V4124 Cash flow At 3113125 Net cash Cash at bank 1.518.515 81,656 1,600,171 1,518,515 81.656 1.600.171 Uquld reSoue$ Deposits included in cash Current asset investments 294 (201 274 294 1201 274 Total 1.518.809 81,636 1,600.445 The notes form part of these financial statements Pa8e 19
LEEDS MIND NOTES TO THE FINANCIAL sfATEMENT5 FOR THE YEAR ENOED 31ST MARCH 2025 ACCOUNTING pouaES Bas1$ of preparini the flnanclal 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 IFRS 1021 'Accounting and Reportin8 by Charities.. Statement of Recommended Prattice applicable to charities preparing their accounts In accordance with the Financial Reporting Standard appllcable in the UK and Republi¢ of Ireland IFRS 1021 (effèctive l January 20191.. Financial Reportlng Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland. and the Companies Act 2006. The financlal statements have been prepared under the historical cost convention. The financial Statements 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 financial statements have been prepared under the historical cost convention. The principal accounting policies adopted a set out below. Leeds Mind meets the definition of a public benefit entity ynder FRS 102. Assets and liabilities are initially recognised at C05t or transaction value unless otherwise stated in the relevant accounting policy notes. Golng Concern The Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the goin¥ Concern ba515 in preparing the financial statements. Further detalls regarding the adoption of the 80in8 concern basis ¢an be found in the accounting policies. Income Income is inc5uded in the Statemènt of Financial Artivities I"SoFA"I when the charity has established entitlement and the amount can be quantified with reasonable accuracy. Donations and legacies, which include grants, are included in the SOFA when it 15 probable that the funds will be received and that they can be measured wth sufficient reliability. Grants, includinB grants for the purchase of fixed asset5, are recognised in full in the SOFA in the period in whlch they are receivable. The value of seNlces provided by volunteers is not included. Tradin8 and investment income is accounted for on an accruals bas1S. Where income is received specifically for expenditure in a future a¢coJnting period that amount is deferred. Expenditure Expendlture is reco8ni5ed in the period in which It is incurred. Expenditure include5 attrlbutable VAT whlch cannot be recoVed. Charitable expenditure comprises those costs incurred by the charity in the deliverance of its activlties and Services for it5 beneficiaries. It includes both costs that can be directly allocated to such activities and those costs of an indirect nature necessary to SLSPPOrt them. Support Costs comprise all non-attributable costs Including Finan¢e, Human Resources. Information Technology and Administration. These costs have been allocated acros5 actlvltles either direttly or based on usage as set out in note 10. Governance costs comprise all costs Involving the public accountabilityof the charity and its compliance with regulation and good practice. These costs Include costs related to ststutory audit and legal fees together with an apportionment of overhead and support costs. Page 20 continued...
LEEDS MIND NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2025 ACCOUNTING POUCIES- continued StafF costs The costs of short term employee benefits are recognised as a liability and an expense where settlement of obligations doe5 not fall within the same period. Flnanclal Instruments The charity has elected to appty the provision5 of Section 11 '8asic Financial Instruments, and Section 12 '0ther Financial Instrument5155ues' of FRS 102 to all of its financial instruments. Cash in hand and at bank Cash at bank and cash in hand irtclude5 cash and short term hlghly liquid investments with a short maturity held for working capital. Any bank overdraft5 are shown wtthin borrowings in ctjrrent liabilities. Allocatlon of support Costs Support costs have been allocated to Charitable artivities on the basis of a reasonable estimate based on Income. Tan8lble fixed assets Tangible fixed assets are stated at cost less depreciation. individual tangible assets are capitalised if costin8 in excess of £5.¢XK). Dèpreciation is provided at the following annual rates in order to write off fixed assets, less their residual value. over their estimated useful lives as follows= Freehold buildings Fixtures, fittings and computer equlpment 50 years straight line 3 years straight line Freehold land is not depreciated. Taxation The charity is exempt from corporation tax on its charitable artivities. Fund a¢countln8 Funds held by the charity are either= General fund5 - are unrestricted funds comprising donations and other incoming resources receivable or generated for the objects of the charity without further specified purpose. Designated fund5- a unrestricted funds earmarked by the Trustees for particular purposes. Restricted fund5 are to be used for specific purposes a5 laid down by the donor. Expenditure which meets these crtteria is charged to the fund, together with a fair allocation of management and support Costs. Penslon costs and other post-retirement benefits The charity operates defined contribution pension arrangements for its employees. Amounts due are recogn15ed a5 an expense in the SOFA when they fall due for payment. Operatin8 leases Rentals payable under operatin8 leases, including any lease incentive5 received, are charged to the SOFA on a straight line basi5 over the lease term. Debtors Trade and other debt¢r5 are recognised at the settlement amourht due after any trnde discount offered. Prepayments are valued at the amount prepaid. Financial assets. other than those held at fair value through profit and loss, are assessed for indicators of impairment at each reporting end date. Page 21 continued...
LEEDS MIND NOTES TO THE FINANCIAI 5TATEMENT5- continued FOR THE YÉAR ENDED 31ST MARCH 2025 ACCOUNTING POLICIES- contlnued Debtors Financial a55ets a impaired where there Is objective evidence that, as a result of one or more events that occurred after the initial re¢o8nitlon of the financlal asset, the estimated future Cash flows have been affected. Any impairmentloss Is recognised in the income and expenditure account. Cred5tor5. loans and provisions Creditor5, loans and provisions are recogni5ed where the charity has a present obligation resulting from a past event that will 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. Creditors. loans and provisions are normally retognised at their settlement amount after allowing for anytrade discounts due. Flnancial liabilitie5 are onlydereco8nised when, and onlywhen, the charity's obligation5 are dlscharged, cancelled orthey expire. Amount5 recognised a5 provisions are best estimates of the consideration Tequired to settle the present obli8ation at the reporting end date, taking into account the risks and uncertainties surrounding the obligation. CRITICAL ACCOUNTING JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINri In the application of the charity's accounting policie5, the Trustees are required to make judgements, estimates and assumptions about the ¢arrylng amount ¢f assets and liabilities that are not readlly apparent from other sources. The estimates and associated assumption5 are based on historical experience and other factors that are considered to be relevant. Actual results may differ froth these estimate5. The estimate5 and underlying assumptlons are reviewed on an ongoing basi5. Revisions to accounting estimates are recognised in the period in which the estimate is vised. if the revision affects only that period, or in the period of the revision and future periods if the vision affects both current and future periods. The estimates and assumptions which have a significant risk of cau5in8 a material adjustment to the carrying amount of assets and liabilitie5 are outlined below. Support costs have been allocated to charitable activities on the basis of a reasonable estimate based on income. The breakdown of support costs across charitable activities is based on the following Tate5- Peer Support Wellbeing Employment Consortlum Young Person Service Raising Funds Trainin8 20.4%12024.. 18.4%) 2&2%12024: 13.9%) 34.a% {2024: 38%1 16%12024.. 19.3%) 5.1%12024: 10.4%> Dlrert Dlrect Pa8e 22 continued...
LEEDS MIND NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31ST MARCH 2025 DONATIONS AND LEGACIES 2025 2024 Donations Legacies Grants 215.475 257,900 20.806 462,620 388,708 604,183 741,326 The Charity benefits greatly from the involvement and enthusiasti¢ support of a number of volunteers. In accordance with FRS 102 the economic contribution of volunteers is not recognised in the financial ststements. Grants rÈceived, included in the above, are as follows: 2025 2024 National Mind Health Inequalities- Culturally diverse minds Help for Hardship Paul Hamlyn- Children & young people Various other 5rnall Brant5 Co-op- Suicide 8ereavement Leeds & York Partnership- C5W Leeds & York Partnership - SBS Manny Cussins- Children & Youn8 People Elsie Pilkington - Befriending The Liz and Terry Bramall Foundation - Befriending Evans Cornish Foundation- Inkwell Boshier- Peer Support National lottery- Befriending Leed5 Community Foundation- Investing in Mental Health 86.999 76,000 17.634 56,666 37.500 6.497 12,649 10.736 69,107 36.592 92,903 5.000 5,000 10,000 101.825 24,932 103.929 49.999 388.708 462,620 The split of grant income by attivity is a5 follows: 2025 2024 Peer Support Wellbeing Employment Young Persons Service General 128.861 85,107 57,328 68,554 208,903 42,728 106.665 139.325 13.857 388.708 462.620 Page 23 continued...
LEEDS MIND NOTES TO THE FINANCIAL STATEMENT5- continued FOR TrIE YEAR ENDED 31ST MARCH Z025 OTHER TRADSNG AcllviTIES 2025 2024 Fundraisin8 events Shop income 2.310 26,904 20,450 22.690 29,214 INVESTMENT INCOME 2025 2024 Deposit account interest 26,127 1,396 INCOME FROM CHARITABLE ACTiVITIE5 2025 2024 Attivity Peer Support Peer Support Peer Support Peer Support Wellbeing Wellbeing Wellbeing LCC Adult Social Care Leeds ICB'S Training Consultancy LCC Adult Social Care Leeds ICB'S Training Counselling and other client income LCC Adult Sorizl Care Leeds IC8'5 Training Other income LCC Adult Social Care Linking Leeds- corhtrart Training Other intome Leeds ICB's 32.049 51S.114 5,632 7.083 117,305 604,555 474,379 3,385 9,916 107.005 234.777 Wellbeing Employment Employment Employment Employment Consortium Con50rtium Training Training Youn8 Persons Service 62.669 39,375 981,890 26,289 39,375 1,075,471 250 88 248,676 349,634 39,355 924 113,046 24 219,420 306.103 123.133 5,465 9,462 3.029.279 2,728,410 RAISING FUNDS Ralslng donatlons and legacles 2025 2024 Staff costs Staff travel. training and other costs affice costs Legal and professional cost5 Support costs 188,907 1,230 22.136 18,900 6.529 158,816 3,656 27,296 12.675 10,929 237,702 213,372 Pa8e 24 contlnued...
LEEDS MIND NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2025 CHARITABLE AcrivrriES cosrs Direct Costs (see note 91 Support Costs (see note 101 Tota15 Peer Support Wellbeing Employment Consortium Training Youn8 Persons Service 546.936 629.439 860,677 407.878 86.130 151842 154.673 183.716 259.421 120.866 6,859 38,2Z2 701.609 813,155 1,120.098 S28,744 92.989 189,664 2,682,502 763,757 Y,446.259 DIREcf COSTS OF CHARITABLE AcnvrriES 2025 2024 Staff costs Volunteers expenses Events and meetings Client activities Building costs IT costs Office costs Bad debts Staff travel, training and other costs Partner payments 2,370,505 1,705 24.810 11,343 2,300,906 1.004 26,423 38,299 54 37.883 3,705 7,084 46.294 237,219 47.003 4.031 45,Y92 177,713 2,682,502 2,698,871 io. SUPPORT C05T5 Governarbce osts Management Totals Raising donations and legacies Peer Support Wellbeing Employment Consortium Training Young Persons Service 6.529 150,778 179.090 2S2.889 117,823 6.859 37,259 6,529 154,673 183.716 259N21 120,866 6,859 38.222 3.895 6,532 963 751.2Z7 19,059 770.286 P?8e 25 continued...
LEEDS MIND NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 315r MARCH 2025 io. SUPPORT COSTS- contlnued Support Costs, included in the above, are as follows.. Raisin8 donations and legacies Peer Support Wellbeing Employment Staff and agency staff costs Staff c05t5 Other Volunteer costs General office and admin costs Building and maintenance Costs Rent, rates and utllities IT Costs Bad debts Depreciation of tangible and heritage assets Auditors, remuneration Legal and professional fee5 86.612 3,259 102.876 3.871 145,270 5A66 12.657 10.318 4,771 29,062 593 15.034 12.255 5.667 34,519 704 21,229 17,304 8.002 48,743 994 6.529 3,5L 3.055 4,164 3.628 998 5A81 5,124 1.408 6,529 154,673 183,716 259A21 2025 2024 Youn8 Persons Service Total activities Total activities Con50rtium Trainin8 Staff and agency staff costs Staff costs other Volunteer costs General office and admin costs BsJildin8 and maintenance costs Rent. rates and utilitles IT costs Bad debts Depreciation of tangible and heritage assets Auditors, remuneration Legal and professional fees 67,683 2.546 21.403 805 423.844 IS,947 368,937 36.430 135 65,274 46,130 23A76 126.209 115,3281 9.890 8,063 3.728 22.710 463 6.859 3.128 2.550 ¥179 7,182 146 68,797 50.490 23.347 148,745 2.740 2.387 656 17,157 14,949 4,110 17.156 14.OIKI 14,035 755 120.866 6,859 38.222 770.286 696.854 Page 26 ccntinued...
LEEDS MIND NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31ST MARCH 2025 ii. NET INCOMEIIEXPENDITUREI Net Incomellexpenditurel is stated after charginB/lcreditingl: 2025 2024 Auditors, MUneratIon Depre¢lation - owned assets 14.949 17.157 14.000 17,156 Iz. TRUSTEES, REMUNERATION AND BENEFITS There were no tru5tees' remuneration or other benefits for the year ended 31st March 2025 nor for the year ended 31st March 2024. Trustees. expenses There were no trustees, expenses paid for the year ended 315t March 2025 nor for the year ended 31st March 2024. Trustee donations During the year ended 31st March 2025 monetary donations made by trustees to the Charity totalled £NII12024.' £1301. 13. INFORMATION REGARDING EMPLOYEES AND TRUSTEES St•ff costs during the year were as follows: 2025 2024 Wages and salaries Employer'5 Nl Pension costs Sessional worker5 2.448.088 214,203 216.342 104,623 2,381,461 208,909 208,459 29,830 2.983,256 2,828,659 The average monthly number of employees during the year wa5 a5 follows= 202S 25 26 23 io 16 2024 28 32 16 li 15 Wellbeing Employment servi¢e5 General supportl central services Consortium Peer SUPPOrt Young persons service 104 109 The average full time equivalent for of employees during the year was 8512024.. 831. The key management personnel of Leeds Mind are the Trustees. the Chief Executive, the Operations Oirector. the Finance and Resources Manager. Director of People and Culture and Govemance and Business Development D1Ctor. The total employment costs to the Charity of the key management personnel of the charity were £261,93012024.. £272,298). These amounts are total stsff costs and therefore include social security costs and employer's tontributions to pension Schemes. The average number of key management personnel for the year ended 31st March 2025 was 4.312024.. 4.71. Page 27 continued...
LEEDS MIND NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31ST MARCH 2025 INFORMATION REfJARDING EMPLOYEES AND TRUSTEES- contlnued The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was: Z025 2024 £60,¢JOI- £70.000 14. COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcllviTIES Unre5trirted funds Restricted fund Totsl funds INCOME AND ENDOWMENTS FROM Donation5 and legacies 509,783 231,543 741,326 Charitable actmtles Peer Support Wellbein8 Employment Consortium Training Youn8 Persons SeNice 457,080 313,911 1,115,184 598,310 40,279 103,046 30,600 60,000 487,680 373,911 1,115,184 598,310 40,279 113,046 10.000 Other trading activities Investment income 29,214 1,396 29,214 1.396 Total 3,168,203 332,143 3,500,346 EXPENDITURE ON Raisin8 funds 213,372 213,372 Charltable actNltles Peer Support Wellbeing Employment Consortium Trainlng Youn8 Persons Service 539,324 464,009 1,116,497 595,149 83,690 102,536 94,115 97.101 74,734 13,046 633,439 561,110 1,191.231 608,195 83.690 307,131 204,595 Total 3,114,577 483,591 3,598,168 INCOMEIIEXPENDITUREI Transfers between funds 53.626 70,855 1151,4481 170,8551 197,8221 Net movement In lund5 124,481 1222.3031 197,8221 RECONCILIATION OF FUNDS Total funds brou8ht forward 1,269,167 357,314 1,626.481 TOTAL FUNDS CARRIED FORWARD 1,393,648 135,011 1,528,659 Page 28 continued...
LEEDS MIND NOTES TO THE FINANCIAL STATEMENTS- conttnued FOR THE YEAR ENDED 31ST MARCH 2025 15. TANG18LE FIXED A55ETS Freehold property co At 1st April 2024 and 31st March 2025 1,143.782 DEPRECIATION At 1st April 2024 Charge for year 795.782 17,157 At 31st March 2025 812.939 BOOK VALUE At 31st March 2025 330,843 At 31st March 2024 348,000 Within land and buildin8S the cost of non-depreciated land is £286k12024- £286kl. The fehOld land and buildings are De Lacèy House and Clarence House. Under thè ternis of a legal charge and associated grant agreements dated November 1996. if De Lacey House weTr to be sold. the first £275,000 of any proceeds would be paid to Leed5 City Council ta repay grants provided bythe Council to initially acqul the propertv. Under the terms of a legal charge dated April 23 and the associated capital funding agrèement dated December 2002. if Clarence House were to be sold, the tunder NHS Leeds would be entitled to a repayment no less than their initial capitsl fund contributton of £265,000. It 15 the current intention of the Board that both buildings will continue to be used forthè delivery of mental health services. 16. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Debtor5 in the ordinary tour5e of activities Prepayments and accrued income 72.113 14,556 115,783 24,212 86,669 139,995 Page 29 continued...
LEEDS MIND NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31ST MARCH 2025 17. CURRENT ASSET INVESTMENTS 2025 2024 Listed investments 274 294 CREDITORS: AMOUNTS FAiUNG DUE WITHIN ONE YEAR 2025 2024 Creditors in the ordinary course of artivities Social security and other taxes Other creditors Accruals and deferred income 34.329 47,014 57,407 352.230 52,975 46,363 53.553 325,254 490.980 478,145 Accruals and deferred income contains deferred income of £224,49612024.. £266,443). Movement of deferred income 15 as follows= 2025 266.443 1266.4431 224.496 2024 304,500 1304,5001 266.443 At 1st April 2024 Amount released to income Amount deferred in the year Closlng liability obligation 224.496 266.443 19. LEASING AGREEMENT5 Minirnum lease payments under non-cancellable operatin8 leases fall due as follows.. 2025 2024 Withln one year 8etween one and flve years 15.924 3,500 17,117 19.424 19,424 36,541 Page 30 continued...
LEEDS MIND NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31ST MARCH 2025 20. MOVEMENT IN FUND5 Net movement in funds Transfer5 betweèn funds At 3113125 At 114124 Unrestrirted funds General fund Designated- Freehold land and buildin85 Designated- Inward investment 795.648 348,(MMI 250.ofM7 12,519 {17.1571 340,710 1.148.877 330,843 1250.0001 1,393,648 14,6381 90.710 IA79.720 Restricted funds National Mind Grants Community Foundation for Leeds Health Inequalities- Culturally Diverse Minds Help for Hardship Manny Cu5sins Foundatlon Paul Hamlyn- Children & Young People Evans Cornish NHS CDM E15ie Pilkington trust NHS Barbers Project National Lottery BOSHIER CommunÉty Foundation 83W2 (IN531 2.136 1577) 40,778 8.187 12.5791 7,250 116.9011 15.128 8,15S 177.697) 1.453 18331 13,500 11,3031 {577) 110.491} 13,8641 130.2871 4,323 2.579 (18261 16.901 {4,4241 {4901 IOA52 12,8691 7,390 14,638 10,852 {2,8691 7.390 TOTAL FUNDS 1,528,659 11,6821 1,526,977 Page 31 continued...
LEEDS MIND NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31ST MARCH 2025 20. MOVEMENT IN FUND> contlnued Net movement in funds, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestrlrted fund5 General fund De518nated- Freehold land and building5 3,289.067 13,276.5481 17,1571 12.519 (17.1571 3,289.067 13293.7051 {4,6381 Restrltted funds National Mind Grants Health Inequalities- Culturally Diverse Minds Manny CLtsslns Foundation Paul Hamlyn- Children & Youn8 People NHS CDM NHS Barbers Project National Lottery BOSHIER Community Foundation 58,663 150,508) {1.303) 1112,3161 141,364) 14.4Z41 116.7901 193,1421 127,8001 142,6091 &155 11,303} 110.4911 13,8641 14,4241 14901 10.852 {2.8691 7,390 101,825 37.5LKI 16.300 103,994 24.931 49.999 TOTAI FUNDS 3.682.279 {3.683.961) 11.6821 Page 32 continued...
LEEDS MIND NOTES TO THE FINANCIAL STATEMENT5 - contlnued FOR THE YEAR ENDED 31ST MARCH 2025 20. MOVEMENT IN FUNDS- contlnued Comparatbves for movement in funds Net movement in funds Transfers between funds At 3113124 At ty4123 Unrestrlrted funds General fund Designated- Freehold land and buildings Desi8nated- Inward investment 654,011 365.156 250,000 70,782 117,1561 70,855 795,648 348,000 250.000 1.269.167 53,626 70,855 1,393,648 Restrfcted funds National Mind Grantg Hyde Park Source Community Foundation for Leeds SWYFT Suicide Prevention Co-op Leed5 Older Peoples Forum- Time to shine Befriending BUPA Other income Various Small grant5 NHS Hub (Peer sUPPOrtI NHS Hub (Peer support) Counselling Health Inequalities- Culturally Diverse Minds Help for Hardship Manny Cussins Foundation Paul Hamlyn- Children & Young People NHS- IPH Fellowship Programme Evans Cornish Inkwell NHS CDM Elsie Pilkington trust NHS Barber5 Projert 112,265 13161 10,178 55,272 801 6,635 129,2231 83,(M2 316 13,8571 115,9481 18011 16,6351 17,7741 139,3241 11,4531 5,018 2,261 12781 6,857 13501 22,394 36,932 43,888 9,526 15,0181 12,2611 278 16,8571 350 120,2581 137,5091 13,1101 11,3391 13351 12.5791 115,4741 7,250 116,9011 15,128 2,136 15771 40.778 8,187 335 12,5791 46,231 130,7571 7.250 116,9011 15,128 TOTAL FUNDS 1,626.481 197.8221 1,528,659 Page 33 continued...
LEEDS MIND NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31ST MARCH 2025 20. MOVEMENT IN FUNDS- wntlnued Comparatlve net movement in funds, included in the above are as follows: In¢omSng resources Resources expended Movement in fund5 Unre5tri¢ted fvnds General fund De518nated- Freehold land and buildings 3,168,203 13.097,4211 117,1561 70,782 117,1561 3,168,203 13,114,577) 53,626 Restrlcted funds National Mind Grant5 Hyde Park Sour¢e CommunSty Foundation for Leeds SWYFT Suicide Prevention Health Inequalitie5- Culturally Diverse Mind5 Help for Hardship Manny Cussins Foundatlon Paul Hamlyn- Children & Young People NHS- IPH Fellowship Programme Evans Cornish Inkwell NHSCDM Elsie Pilkington trust NHS Barbers Project 131,8631 129,2231 17,7741 139,3241 120,2581 137,5091 196,0131 141,3391 110,3351 112.5791 175,4741 168,7501 126.9011 115,4721 17,7741 139,3241 120,2581 137,5091 13,1101 11.3391 13351 115791 115,4741 7,250 116.9011 15,128 92,903 40.OC¥J 10,000 10.000 60,000 76,000 10.000 30,600 TOTAL FUNDS 3,500,346 13,598,168) 197,8221 Page 34 continued...
LEEDS MIND NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31ST MARCH 2025 20. MOVEMENT IN FUNDS- continued Natlonal Mlnd Grants: Busine55 ContinuitylDevelopment Fund- funding for organisational development resources. BOSHIER- Open Minds= Autism and My Mental Health. Natlonal Lottery- Befriendln8 in the local communlty. Cornmunity Foundatlon for Leeds - Open Minds cover5 tr40 courses. One designed with and for LGBTQl+ people for whom identity has an impact. One designed with and for autistic individuals and how bein8 autlstic ay affect mental health. Arts & Mlnds-a networking group in Leeds, brin8ing people togèther who believe the art5 can promote mental wellbeing. MonnyCu551ns Foundatlon- fundin8 to recruit a Chlldren and Young Person'5 lead, a role that is pivotal to the setup and ongoing development of a significant service for Children and YounÈ People across Leeds and the surrounding area5. Barbers ProJett- workin8 Wlth Barbers to open up opportunities to talk to clients about mentsl health. Page 35 continued...
LEEDS MIND NOTES TO THE FINANCIAL STATEMENT5- Continued FOR THE YEAR ENDED 31ST MARCH 2025 20. MOVEMENT IN FUNDS- contlnued Help For Hardshlp- a service delivered in partnership by local Citizens Advice, local Minds and Trussell Trust food banks to help people stru881in8 Wlth money and mental health problems with joifted-up support from all three partners. Paul Hamlyn- Children & Young People - grant to support Leeds Mind Young People's Peer support and funding will contribute to salarles and core cost5. Purwe ot deslgnated funds The designated property fund preSentS the net book value ofthe two buildings owned by the charity which are used to deliver services. The prevlous designation of £250,000 for pilot projects andlor fundin8 gaps has been removed by the Board with the funds now Included in the Berteral unrestricted funds. Transfers between funds Transfers between restricted and general funds durin8 the year ended 31st March 2025 represents the fulfilment of the restriction and the correction of the fund balance to account for the Trn£orre£t allocation of expenditure in prior periods. 21. RELATED PARTY D15CLOSURES Trustees are required to declare all levant interests with which they are connected and in accordance with the Charity's policy withdraw Irom decisions where a conflict of interest ari5e5. Some Trustees use their expert15e in areas affecting Leeds Mind, but no Trustee had any significant personal financial Interest in contracts with the Charity during the year. There were no lated party transartions for the year ended 31st March 2025. 22. PEN510N COSTS The charity contributes to a defined Contributlon scheme thr¢ugh Royal London. The cost to the charlty in the year was E216.342 12024: £208,3421. At the yeor-end £1.34612024: ÉNill was outstandin8. Page 36
LEEDS MIND DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2025 2025 2024 INCOME AND ENDOWMENTS Donations and leeaciès Donations Legacies Grants 215.475 257,900 20,806 462,620 388.708 604.183 741,326 Other tradlng activit*s Fundraising events Shop income 2,240 20.450 2,310 26,904 22.690 29,214 Investment Income Deposit account interest 26,127 1,396 Charftable actlvltles LCC Adult Social Care Leed5 ICB'S Training Consultancv Counselling and other client income Linking Leeds- contract Other income 408.149 2,111,021 128.765 395,056 1,897,673 48,830 9.916 26,289 349.634 1,012 62.669 306.103 5,489 3,029,279 2,728,410 Total Incomlng resources 3.682,279 3.500,346 EXPENDITURE RaisinÉ donations and legacles Staff costs Staff travel, training and other costs Office costs Legal and professional costs 188.907 1,230 22.136 18,900 158.816 3,656 27,296 12,675 231.173 202,443 Charitable activltles Staff costs Volunteers eKpen5es Events and meetings Client activities Carried forward 2.370.S05 1,705 24.810 11,343 2.408,363 2,300.906 1,004 26,423 38,299 2,366,632 Thi5 page does not form part of the statutory financial ststements Page 37
LEED5 MIND DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31ST MARCH 2025 2025 2024 Charltable actlvitles Brought forward Bulldlng cost5 IT ¢¢sts Office costs Bad debts Staff travel, tralnlng and other costs Partner payments 2,408,363 2,366,632 47.003 4,031 37.883 3,705 7,084 46,294 237,219 45,392 177.713 2,681502 2,698.871 Support costs Management Staff and a8ency staff c05t5 Staff costs other Volunteer costs General Offi and admin costs Building and maintenance costs Rent, rate5 and utilities IT costs Bad debts FehOld propertv 423.844 15,947 368,937 36,430 135 65,274 46,130 23,876 126.209 115,3281 17,156 68,797 50,490 23.347 148,745 2,91YJ 17,IS7 751,227 668,819 Go¥ernance costs Auditorg, remuneration Legal and professionil fees 14,949 4,110 14,000 14,035 19,059 28,035 Total resources expended 3.683.961 3,598,168 Net expendlture {1.6821 197,8221 Thi5 page does not forrn part of the statutory financial Statements Page 38