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2022-03-31-accounts

Report ofthe Yrustees 1 to 11
Report ofthe Independent
Auditors		 12 tc 13
Statement ofFinancial Activities 14
Balance Sheet 15
Cash Flow Statement 16
Notes to the Cash Flow Statement 17
Notes tc the Financial Statements 18 tc 25
Detailed Statement of Financial Activities 26 tc 27

Aim 1
To provide
services that place the individual
at their centre		 snd that enables the intlividual to discover and realise their
full potential as actively participating
citizens.
Objectives
1 Introduce
and implement
a case-work approach
far consumers
2. Discuss
and
plan
with consumers
ways
in which
they can improve		 their mental health and wellbeing by
accessing support
and advice from Cardiff Mind and		 other agsnries
to		 avercame obstacles that prevent them
from achieving their potential.
3. Develop a methodology
to evidenas
and celebrate
the improvements		 that people make in their own lives
Aim 2
Ta develop
new services that enable the consumer
to remain		 within ar return to their local cammunity afchoice.
Objectives
1. Actively seek ta work with custornem
ta develop
new		 service models for accommodation and support
2. Extend beyond current 18-65diant group
by responding
to requirements		 for age appropriate services
3. Extend outreach/satsgits
operations
into other geographical
areas of		 Cardiff and South Wales
Aim 3
To provide
high quality		 services that svidsnos
positive outcomes
and value for		 money.
Objectives
1 Seek snd attain exlernslly
recognised
quality standards
and hallmarks		 and embed those processes within the
activities of the organisatian
2 Introduce
outcome-related
performance
monitoring		 systems
that capture
the progress		 made by individual
consumers
3 Maintain
ths principles afBssl Value
in all ofour activities
Aim 4
Ta increase awareness and understanding
of mental
health		 issues and to challenge stigma and discrimination.
Objectives
1. Take advantage ofths apparfuniiiss
that came about		 for mental
health		 and well-being promotion - particularly
in the workplace and educatianal
establishments
2. Provide
training,		 advice and support
lo mainstream		 organisations
to		 ensure that people with mental health
iaaueS are able ta aaaeSS wOrk, leiSure. SduCauanai
Snd reareatmnai		 Opparlunitiea
3. Actively participate
in opportunities
ta campaign
snd		 influence
at a local and		 national level

for the Year E nded 31st March 2022
2022 2621
Vnrestricted Restricted Total Total
funds funds funds funds
Notes 8 9 9 9
Income and endowments from
donations
and legacies		 30,994 30,994 60, '149
Charitable
ecgvities
Empowerment
and supped		 975,048 437,595 1,412.643 1,147626
Investment
income		 2,083 2,083 5,984
Other income 126,343 126,343 37 D41
Total 1,134,458 437,595 1,572,D63 1,250 800
Expenditure
on
Charitable
activities
Empowerment
and support		 949,472 382,510 1,331,982 1,089,784
NET INCOME 184,996 55,085 240,081 181,016
Reconciliation
offunds
Total funds brought forward 601,564 253,707 855,271 674,255
Total funds carried forward 786,560 308792 1,095352 855 271

2022 2021
Unrestricted Restricted Total Total
funds funds funds funds
Notes 6
Fixed assets
Tangible assets 11 2,450 2,450 7,058
Current assets
Cebtors 12 90,997 90,997 259,066
Investments 13 277,467 277,487 275.840
Cash al bank and in hand 888,768 332,540 999,308 449,038
1,035,232 332,540 1.367,772 983.944
Creditors
Amounts
falling dua within		 one year 14 (251,122) (23,748) (274,670) (135,731)
Net current assets 764,110 308,792 1,092,902 848,213
Total assets less current liabilitiiea 786.560 308,792 1,095,352 855,271
NET ASSETS 786,560 308,792 1,095,352 655,271
fina
Funds 16
Unrestricted funds 766,560 601,564
Restricted
funds		 308,792 253.707
Total funds 1,095.352 855.271

f or the Year Ended 31March 2022
2022 2021
Notes
Cash flows from operating activities
Cash generated
from operations		 549,859 80,374
Net cash provided
by operating		 ectrvifies 549,859 80,374
Cash flows from investing activities
Purchase
oftangible
fixed assets		 (3,300)
Interest received 2,083 5,984
Investment
interest received		 1,628 2,857
Nst cash provided
by investing		 activibes 411 8,841
Change
in cash and cash		 equivalents in
the reporting
period		 550,270 89,215
Cash and cash equivalents at the
beginning
ofthe reporting		 period 449,036 359,823
Cash and cash equivalents at the end of
the reporting
period		 449,038

2022 2021
f 6
Net income for the reporting period (as per the Statement of Financial
Activities) 240,081 181,016
AdJustments
for:
Depreciation
charges		 7,908 8,488
Interest received (2,083) (5,964)
(Decrease)f increase in Provisions (5,688)
Decrease/(increase) in debtors 164,814 (180,616)
Increase
in creditors		 139,139 83,558
Net cash provided by operations 549,859 80.374
2, Analysis ofchanges in net funds
At1.4.21
6		 Cash flow
f		 At 31.3.22
Net cash
Cash st bank snd i~ hend 449.038 550,270 999.308
449,038 550,270 999,308
Liquid resources
Deposits induded in cash
Current asset investments 275,840 1,627 277,4I57
275,640 1,627 277,467
Tote I 724,878 551,897 1,276,775

Dans ti on s and le ga cies
2022 2821
8 8
Danations 30,994 60,149
Investment income
2022f 2021
6
Deposit account interest 2 I083 5,984
Income from charitable activities
2022 2021
Activity 8
Local Mental
Health		 Grants
Scheme Empowerment and support 257,305 231,750
Community Connectors Empowerment and support 164,888
Digital Transformation Fund Empowerment and support 1,200
Active Grant Fund Empowerment and support 1,000
SPG —received
in
Tier Zero		 year Empowerment
Empowerment		 and support
and support		 209,337
49.588		 189,280
123,588
SPRG Empowerment and support 68,796 64,210
Domiciliary Care Empowerment and support 104,734 82,931
Cardiff and the Vale
University
Residents		 Health
charges		 Board
receivable		 Empowerment
Empowerment		 snd support
and su pp art		 61.002
309,892		 61,002
297,095
Voids Empowerment and support (29.733) (34,740)
Nationwide
Counselling
fees
Achve Monitoring		 Mind Empowerment
Empowerment
Empowerment		 end support
and support
end support		 23.848
72,967
117.819		 54,187
77,823
Other Grants Empowerment snd support 500
1.412.643 1,147,526

Support
Direct costs (see
Costs
f		 note 6) Totals
f
Empowerment and support 1.229,023 102.959 1,331,982
Support costs
Governsn«e
Finance costs Totals
f
Empowerment and support 80,737 22,222 102,959
Support costs, included in the above, are as follows:
2022 2D21
Empowerment
and Total
eup pert
f		 activities
f
Wages 65.892 60,811
Rent snd mtes 13,148 13,146
Bank charges 699 1,593
Wages 11.379 11,266
Auditors' remuneration 4,529 4,699
Auditors' remuneration for non audit work 6,314 8,203
102,959 99,718
Net incornef(expenditure)
Net income/(expenditure) is slated after charging/(crediting):
2022f 2D21
Auditors' remunemUon 4,529 4.699
Other non-audit services 6,314 8,203
Den reciaiion - owned assets 7,908 8,488

There
were
no
trustees'
expenses
paid
lor the
31st March 2021.
Staty costs		 year
ended
31st March
2022
nor
for th		 e
year
end
2022 2021f
Wages and salades 836.095 650,200
Social security costs 54,842 42,538
Other pension costs 45,143 35,258
935,880 727,996

The average
monthly
n		 umb er of er hployees
du		 hng
the y		 ear was as fol lows:
2022 2621
Charitable
activities		 54 52
Support staff 2 2
54
No employees
received		 emoluments
in excess		 oi 660,000.
During the year Cardifl Mind Ltd paid key management gross salaries totalling 8189,943(2020:6191,0196 K
management
are considered		 to be 5 individuals who directly impact upon the strategic direction or the charily.
Comparatives
for the		 statement
offinancial		 activities
Ifnrestricted Restricted Tatal
funda funds funds
Income and endowments from
Donations
and legacies		 60,149 60,149
Charitable
activities
Empowerment
and supporl		 699,709 447,917 1,147,626
Investment
income		 5,984 5.984
Other income 37,041 37,041
Total 802,883 447,917 1,250.600
Expenditure
on
C ha ritable activities
Erhpowerrneht
and supporf		 714,562 355,222 1,069.784
NET INCOME 88,321 92,695 181.016
Reconciliation
of funds
Total funds brought
forward		 513,243 161,012 674,255
Total funds carried forward 601,564 253,707 655,271

11. Tangible
fixed as		 s et s
Fixtures
and
fittings
f
Cost
At 1st April 2021 91,590
Additions 3,300
At 31st March 2022 94,890
Depreciation
At 1st April 2021 84,532
Charge for year 7.908
AI 31st Marrh 2022 92,440
Net book value
At 31st March 2022 2,450
AI 31st Mamh 2021 7,058
12. Debtors: amounts falling due within one year
2022 2021
f
Trade debtors 21,626 86,996
iDther debtors 48,741 43,421
Prepayments
end		 accrued income 20.630 128,649
90,997 259,066
13. Current asset invesunsnts
2022 2021
f f
Monies held on deposit 277.467 275,840
14. Creditors: amounts falling due within one year
2022 2021
f
Social security snd other taxes 10.512 9,8'I 3
Other creditors 36,164 22,016
Accruals
and delwred		 income 228,194 103,902
274,870 135.731
Deferred income brought
forward		 92,184 12,791
Amounts
released		 to incoming resources (68,437) (12,791I
Amounis
deferred		 in the year 194M8 92,184
Deferred income carried forward 218,6'l5 92,184

Minimum
leas		 e payment s
under		 non-oancellable
operating
leas		 es fall due as fol lows:
2022 2021
E E
Within one year 44,724 2,927
Between one and 5've years 30,657
In more than five years 5.642
81,023 2,927
Movement
in		 funds
Net
movement At
At 1,4,21 in funds 31.3.22
E E F.
Unrestricted funds
General fund 531,652 202,990 734,642
Building
refurbishment		 fund 69,912 (17,994) 51,918
601,564 184,996 786,560
Restricted funds
Local Mental Health Grants Scheme 253,707 55.085 308.792
TOTAL FUNDS 855.271 240,081 1,095,352
Net movement in funds, included in the above are as follows
Incoming Resoul'oils Movernsnt
resources expenderi Irl funds
E 6
Unrestricted funds
General
fund		 1, 'I34.468 (931,478) 202,990
Building
refurbishment		 fun d (17,994) (17,994)
1 134.468 (949,472) 184,996
Restricted funds
Local Mental Health Grants Scheme 246,340 (191,255) 55,085
Tier Zero 49.588 (49,588)
Active Monitoring 117,819 (117,819)
Nabonwide
Community		 Grant 23,848 (23.848)
437,595 (382,510) 55,085
TOTAL FUNDS 1,572,063 (1,331,982) 240,081

2022 2021
6
Income and endowments
Danations
and legacies
Donatians 30.994 60,149
Investment
income
Deposit account interest 2.083 5,984
Charitable
activities
Local Mental
Health Grants Scheme		 257.3D5 231,75D
Community
Connectors		 164,888
Digital Transformation Fund 1,200
Active Grani Fund 1,000
SPG - received
in year		 209,337 189,280
Tier Zero 49,588 123.588
SPRG 68,796 64,210
Domiciliary Care 104,734 82,931
Cardilf and the Vale University Health Board 61,002 61,002
Residents charges receivable 309,892 297,095
Voids (29,733) (34,740)
Nationwide 23,648
Counselling
fees		 72,967 54,187
Active
Monitoring
Mind
OLhsr Granis		 117,819 77,823
500
1,412,643 1,147,626
Other income
Other income 44,715 8,213
Training
income		 56,045 28,828
Warkfarce
Recagnitian		 Payment 25,583
126,343 37,041
Total incoming resources 1,572,063 1,250,800
Expenditure
Charitable
activities
Wages 757,824 578,123
Somsl security 54,642 42,538
Psllsian 4 45,143 35258
Rent and rates 40,310 42,410
Insurance 7,311 7,303
Light and hest 13,893 20,224
Telephone 25,403 24,476
Repairs and maintenance 39.141 26.685
Computer
software
and		 maintenance 42,773 42,942
Training, conferences and Awaydays
Travel costs		 23,335
10,022		 3,057
6,'887
Printing,
postage and stationery		 15216 6,768
Subscrlptlons
and donations		 8,309 8,073
Sundry
and other costs		 30,403 10,935
Cleaning 12,819 8,727
Management
charges		 96947 94,124
Legal and professional fees 924
Bad debts vnitlsn
off
Cerned forward		 1,224,416 3,048
96&,'578

2922 2021
Charitable activities
Brought forward 1,224,416 961,578
Fixtures and fittings 4,607 8,488
1,229,023 970,066
Support costs
Finance
Wages 66,892 60,811
Rent and rates 13,146 13,146
Bank charges 699 1,593
80,737 75,550
Governance costs
Wages 11,379 11,266
Auditors'
remuneration		 4,529 4,699
Auditors'
remunerabon		 for non audit work 6,314 8,203
22,222 24,168
Tora
I resources		 expended 1.331,982 1.069,784
Net income 240,081 181,0'i6