Charfty reglstration number 1041116 Company registratlon number 2942312 (England and Wales) DERBYSHIRE MIND ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Document ID: 81 c8db8b-98b54ca4-82dl-3e22fe2eOdef
DERBYSHIRE MIND LEGAL AND ADMINISTRATIVE INFORMATION Truste9$ G J Cooper L M Fitzpatrick M Heath R S Lipscombe S H Pickersgill W H Fletcher (Appointed 26 May 2023) Secretary J Allen Chief Executlve J Hotchkiss Charfty numb•r 1041116 Company number 2942312 R•gistsred offlco Room 12 Derby West Business Centre Ashboume Road Derby DE22 4NB Audltor Azets Audit Services Westpoint Lynch Wood Peterborough Cambridgeshlre United Kingdom PE2 6FZ Bankers Barclays Bank PIC Sir Frank Whittle Road Derby DE214RX Lloyds Bank PIG 43 Irongate Derby DE13FT Soll¢ltors Rradar 6 Beacon Way Hull East Yorkshire United Kingdom HU3 4AE Document ID: 81c8db8b-98b54ca442d1-3e22fe2eOdef
DERBYSHIRE MIND CONTENTS Page Trustees. report Statement of trustees, sponSibl11t1eS Independent auditorfs report 10-12 Statement of financial a¢tivrties 13 Balance sheet 14 Statemenl of cash flows 15 Noles lo the financial slatements 16-25 Document ID.. 81 c8db8b-98b54ca&82d1.3e22fe2eOdef
DERBYSHIRE MIND TRUSTEES. REPORT (INCLUDING DIRECTORS, REPORT) FOR THE YEAR ENDED 31 MARCH 2024 The trustees presenl their annual report and financial slatements for the year ended 31 March 2024. The financial statements have been prepared in accordan with the accounting policies set out in note 1 to the financial slatements and comply with the charity's Memorandum and Articles of Association. the Companies Act 2006 and "Accounting and Reporting by Charilies= Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applie2ble in the UK and Republic of Ireland (FRS 102) {effective 1 January 2019)" Objectives and activities The objectives of the Charity are to: work for improvements in local mental health seNices help make it possible for vulnerable people to voice their opinions offer quality local services to challenge the stigma attached to people labelled "mentally ill" and increase public understanding of mental health issues Derbyshire Mind's Vision is.. 'For everyone in Derbyshire to have good mental wellbeing and to live their best life.. Derbyshire Mind's Purpose is.. "To work with people in Derbyshire to deliver services and support, build awareness of mental health and promote mental wellbeing." Derbyshire Mind is recognised as a key voluntary sector service provider. Being part of this sector enables us lo deliver services Ihal are influenced by the needs of local service users in an innovative and cost effective way. We work closely with other mental heaMh service providers in both the volunlary and statutory sectors, to ensure our existing and proposed seNi¢es meet both the local and national agenda for mental health. Derbyshire Mind has a positive local reputation, committed and highly skilled staff. quality awards which underpin our service delivery and an experienced board of trustees with a wide range of skills. Derbyshire Mind is committed to quality, both in terms of the services we offer and as an employer. Derbyshire Mind has achieved the Advocacy Quality Performance Mark IQPM) which recognises excellence in the delivery of Advocacy seryices. Derbyshire Mind has also achieved the Mind Quality Mark {MQM) award - MQM involves a rigorous assessment process undertaken every three years which covers all aspects of charity governance and operations. Derbyshire Mind also holds Cyber Essentials accreditation. Cyber Essentials is a Government-backed, industry-supported scheme to help organisations protect themselves against common online threats. Derbyshire Mind's SeiceS are funded by Derbyshire County Council, NHS Derby and Derbyshire Integraled Care Board, grant income and fundraised donations. We also receive occasional legacy donations. The trustees have paid due regard to guidance issued by the Charity Commission in deciding what aclivilies the charity should undertake. Public Benefit A description of the services we offer and the communities and people we work wlth Derbyshire Mind works in a variety of locations throughout the City of Derby and the County of Derbyshire. We work with people experiencing menlal health problems, although our advocacy clients also experience a range of other issues. Our delivery of Independent Advocacy Services in the county of Derbyshire includes.. Doculnent ID.. 81 c8dbBb-98bca442dl-3e22fe2eodef
DERBYSHIRE MIND TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 IMHA {Independent Mentsl Health Advocacy) IMHA is a statutory role introdu¢ed by Ihe Menlal Health Act 1983 (as amended in 2007). This service offers specialist support for Derbyshire residents who are detained under the Mental Health AGI including those subject lo Supervised Community TreatmenVCTO and Guardianship. We are able lo offer the same standard of specialist support delivered by our IMHA team to Derbyshire residents who are informal in-patients in a mental health unit in Derbyshire. IMCA {Independent Mental Capacity Advocacy) IMCA is a statutory role introdLJced by the Mental Capacily Act 2005. Derbyshire Mind provides an IMCA service to people resident in Derbyshire al the lime a specific decision needs to be made. IMCAS are instructed by the Local Authority or NHS Body where a person has been assessed as lacking capacity in relation to a specific decision and they have no-one in their lives other Ihan paid carers who can be involved in the decision making. IMCAS are involved in specific decisions around.. Long Term Accommodation Moves Serious Medical Treatment Care Reviews Safeguarding IMCAS are also instructed by the Local Authority to support people subject to the Deprivation of Liberty Safeguards IDOLS). Paid Representatives Our Paid Represenlative service offers independent support and representation for people subject to a Deprivation of Liberty Safeguards (DOLS) authorisation where Derbyshire County Council is the Supervisory Body. People subjecl to a DOLS authorisation have a representative appointed for the duration of the authorisation, often this is a family member or suitable close acquaintance. However. if the person does not have anyone who can or wants to fulfil thi5 role a Paid Representative musl be appointed, who is independent of the Local Authority and who visits and supports the person on a regular basis. The Independent NHS Complaints Advocacy SeNice This service supports members of the public who wish to raise concems or make a complaint aboLrt any NHS service. Independent Community Advocacy Service Thi5 service comprises of two key elemenls,. Independent Advocacy in respect of the Care Act 2014 and Community (non-statutoryl Advocacy for vulnerable people living in Derbyshire. Care Act Advoca¢y The Care Act gives the right for eligible people to get an independent advocate to help them understand and be fully involved in the following processes.. assessment support planning and review safeguarding enquiries or reviews This support is available for people who do not have any friends or family io support them. Document ID-. 81 c8db8b-98b54ca4-82d1-3e22fe2eOdef
DERBYSHIRE MIND TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Community Advocacy For people who are not eligible for Advocacy under the Care Act but may still require support to have their voice heard when important decisions are being made about their lives or to over¢ome issues that are impacting on their health and wellbeing. This may include: debt and finance related issues housing related issues care related issues employment and legal issues Beeen April 2023 and March 2024, we have continued to offer clients options for face to face visits, phone or video call appointmenls. Community Mental Wellbeing Services Our community programme offer5 a varied menu of community based activities. groups and courses across Derbyshire and Derby City. These activities are all designed lo achieve the aim of boosting mood, reducing isolation and loneliness, and connecting individuals to their communty- Our community programme is Co-ordinated by Derbyshire Mind and delivered through a range of partner organisations. Mindspace The Mindspace programme consists of supportive community groups that create space for people to gel together, meet new people and talk and be listened to in a friendly and inclusive group. These are currently supportive community 'walk-and-talk' groups in local parks in Derby City. All Mindspace walks are supported by Derbyshire Mind volunteers. Supported Self-Help Supported Self-Help is a short-temi guided programme that empowers individuals with low to moderate mental health needs to discover tools to support and improve their mental health. It is an early inleNention service aimed at anyone starting to experience symptoms of worsening mental health. such as stress, low mood, bereavement, worry, low self-esteem, and anger. Derby Wellbeing Working in partnership with Community Action Derby and other Voluntary, Community and Social Enterprise (VCSEI organisations. we provide peer support and wellbeing coaching for people in Derby. as part of the Derby Wellbeing setvice. Mental Health and Wellbeing Activity Project We lead and co-ordinate a partnership project lo help improve mental wellbeing. social connectedness, resilience, and support networks for people in Derbyshire, with a specific focus on physical activity and wellbeing sessions and support for people to access these. As part of this, we administer a small grants programme lo support delivery through other VCSE organisations and groups. Crisis Support Drop-in Services Our Crisis Support Drop-ln SeiceS in Buxton. Ripley and Swadlincote offer an out-of_hours friendly and welcoming community crisis support space open to anyone over 18 experiencing a mental health crisis or emotional distress. We aim to offer people support and help at their lime of need in a relaxed and comfortable non-dini¢al environment. Derbyshire Recovery and Peer Support Service and Living Well Service Derbyshire Mind deliver this service in the district of Erewash, as parl of a partnership led by Rethink and incorporating other VCSE delivery partners (P3 and Derbyshire Federation for Mental Health). Dert)yshire Mind employ Wellbeing Coaches and Peer Support Workers who work as part of multi-dis¢iplinary teams to support people with their mental health and wellbeing. Document ID.. 81c8db8b-98b54ca4-82d1-3e22fe2eOdef
DERBYSHIRE MIND TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Trauma Infomied Derbyshire We are working in partnership with the public health team at Derbyshire County Council lo lead the development of systemwide support and training to help embed trauma informed practice and approaches. Our vision is to build a trauma-informed workforce, Ihat is able to recognise the impacts of trauma and responij in ways that promote recovery. Contribution made by volunteers Our MindSpaGe and Community Mental Wellbeing programmes and our Crisis Support Drop-in services could not be delivered without the commitment and support of our volunteers. During the period we have continued to recruit. train and support new and existing volunteers. Al the end of March 2024, Derbyshire Mind had a total of 28 volunteers (including trustees). Derbyshire Mind values the work of those people who raise funds to support our work. This year we have continued to benefit from fundraising activities and we wish to thank our fundraisers and friends for their loyal SUPPOrt and commitment. Achievements and perforniance 1,550 referrals were received up in our Specialist Advocacy senrice. and 644 new referrals were received in our Community Advocacy service. There were 781 attendances in total across our Community Mental Wellbeing and Mindspace programmes. We set up and mobilised services during the financial year - the Crisis Support Dropin services and Ihe Derbyshire Recovery and Peer Support Service and Living Well Service. We also began mobilisation of the Trauma Informed Derbyshire Programme. Our Supported Self Help service expanded, to include referrals from Derbyshire as well as from Derby City. We successfully delivered our firsl flagship fundraising event "Mental Elf, a SK fun run with 160 attendees. Our fundraising target for the year was exceeded. The staff and trustees would like to thank each individual, group and company that has decided to support our work in these difficult limes. We achieved Cyber Essentials Plus accreditation. We produced and implemenled a new CRM system to support our service delivery and fundraising work. We recnjited a new Chair oflhe board of trustees. COVID-19 For the year to 31 March 2024, Covid-19 has had limited impact on the financial position of the charity. This is because our contracts and grants income has refflained unaffected by Covid-19. Our budgeted fundraising target was also exceeded. We have been able to continue to offer a blended approach to seNice delivery, including face to face visits and video and telephone support. Safeguarding Adults and Children Detbyshire Mind has policies in place for safeguarding adults and children, which are reviewed and updated regularly. There is a named safeguarding lead on bolh the board of trustees and the senior management team, who take leadership responsibility for the organisation's safeguaiding arrangements. Staff and volunteers are provided with appropriate safeguarding training, including as part of their induction programme. Transfer of Advocacy Services Derbyshire Mind continued to deliver Advocacy services from 1 Sl April 2023 to 31 $1 March 2024, however from 1$t April 2024 those servios were transferred to another provider. Document ID.. 8118db8b.98b5-4ca4-82d1-3e22fe2eOdef
DERBYSHIRE MIND TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Financial review The year to 31 March 2024 prodUd a nel surplus of £67.502. The trustees exercise close scrutiny of the financial affairs of Derbyshire Mind and Management Accounts are reviewed monthly by the Finance Committee, and at Finance Committee meetings before being made available to all trustees for approval at Board of Trustees, meetings. Reserves policy and going concern A Board approved reserves policy is in place lo develop a level of resee5 lo cover three months running costs which currently approximates to £384,000. At 31 March 2024, the charity had total fijnds of £550,779 of which £146,308 are designated reserves and £83,002 are restricted reserves, leaving unrestricted, available reserves of £321.469. The truslees recognise that there have been a number of financial and operational changes during the financial year. and will therefore review the allocation of designated reseNes during the financial year 2024125. once this period of change has stabilised. Loss of Advocacy contracts The trustees acknowledge the financial impact on the organisation of the loss of the Specialist Advocacy and Community Advocacy contracts, which were transferred to another provider from 1 Sl April 2024. A number of mitigating actions have been put in place andlor are in progress. These indude the recruitment of a fvll time Income Generalion Manager, introduction of monthly reviews of management accounts by the Finance Sub- Committee, early budget planning for the 2025126 financial year, and review and reduction of overheads costs - for example office accommodation and IT. Principal Funding Sources Derbyshire Mind is mainly funded through Service Level Agreements with the local authority- In the year to 31 March 2024 we received £1.160,862 from Derbyshire County Council. In the year to 31 March 2024 we received donations and legacies of £149.633. Due to continuing constraints on public expendrture. the majority of the support from the statLrtory bodies and local authorities is not expected to increase significantly over the foreseeable future. Investment powers and policy The trustees are pefmitted to invest the monies of the charrty not immediately required for its own purposes in or upon such investments, securities or property as may be thought fit in accordan with the governing document of the charity, the Memorandum and Articles of Association. Risk Management All requisite policies, procedures and risk assessments relating to contractual, financial and human resources elements of the organisation are in place. Plans for future periods During the coming year, we will Continue the delivery of our strategy for 2021 2025 Continue to monitor success against our six identified strategic priorities, through the board monitoring dashboard and strategy progress reports Deliver the actions set out in our Operational Plan for 2024 - 2025 Develop our income generation activity to ensure that Derbyshire Mind financially sustainable Continue lo play a key role in the wider voluntary seclor and Integrated Care System in Derby and Derbyshire Complele Mind Quality Mark (MQM) re-accreditation Document ID.. 81 c8db8b-98b54(a4-82dl-3e22fe2eOdef
DERBYSHIRE MIND TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT> (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 structure, govemance and management Derbyshire Mind {formerly Derby Mind) was established as a local mental health group in 1967 to promote the preservation and safeguarding of mental health and the relief of persons suffering from mental disordeT, in accordance wilh the aims and objectives of Mind. Working in the voluntary sector, Derbyshire Mind is a registered charity and company limited by guarantee governed by its Memorandum and Articles ofAssociation (revised 18 October 2022). There are currently 114 members who have agreed to conlribule £1 in the event of the charity winding up. The trustees, who are also the direclors for the Purpose of company law, and who served during the year and up to the date of signalure of the financial statements were.. G J Cooper L M Fitzpatrick M Healh S J Hughes S J Markham G K Jowett L Kelly EALane R S Lipscombe S H Pickersgill W H Fletcher {Resigned 19 March 2024) {Resigned 22 September 2023) {Resigned 17 October 2023) {Resigned 19 September 2023) (Resigned 17 October 2023) (Appointed 26 May 2023) Appointment of trustees The Trustees (Directors) are appointed by ordinary resolution at an Annual General Meeting IAGM). A trustee may also be appointed by a resolution of the other trustees. Al each AGM one-third of the trustees must retire from office. Trustees must also retire after a three year term of office. A Irustee can be re-elected for a second term of three years, but in normal circumstances no trustee may serve longer than a maximum of six years. In exceptional circumstances, the Irustees may agree a six month extension to the second temi of three years, provided that a trustee does not under any circumstances serve longer than six years and six monlhs. The trustees may appoint a person who is willing lo be Chair and may al any time revoke such appointment. The Chair may serve a maximum term of office of two years and may not be re*lected as Chair. The truslees may appoint a person who is willing to be Vice Chair and may at any time revoke such appointment. The VI Chair may serve a maximurn lemi of office of years and may not be re-elected as Vice Chair. Derbyshire Mind provides role descriptions for Truslees and Officer posts. Document ID.. 81 c8db8b.98b54ca&82d1-3e22fe2eOdef
DERBYSHIRE MIND TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Organisation Derbyshire Mind has clear roles and responsibilities for its Irustees, which are set out in role descriptions. The board of trustees meets six times during the year to administer the charity and lo ensure that Derbyshire Mind meets its legal, financial and charitable responsibilities. In addition, the Board delegates certain duties to three sUCOMMIttees= The Business Development Sub-committee The Finance Sub-committee The Govemance Sub-committee The board is kept up to date with information on all aspects of the organisation. The way in which information is presented varies. It may be by report OT proposal, inviting an expert to discuss issues, or by a briefing from the Chief Executive. Papers are always circulated at least one week in advano and members are also kept informed between meetings by mailings. During the financial year, the board and the SucoMMItteeS have met both face to face and via video calls. Trustees have access to a range of business information on our secure server. During the financial year, the senior management team who are responsible for the management of Derbyshire Mind has included the Chief Executive. Finance Manager, Community Advocacy Service Manager, Specialist Advocacy Service Manager, Office Manager, Head of Business and Operations and Business and Operations Manager. Trustees. responsibilities in relation to the financial statements The board of trustees meets six times during the year with a focused agenda. In respect of their responsibilities in relation to the financial statements they are required lo.. Refine and progress the delivery of our strategy Work on major fundraising initialives and developments Agree annual business plans (finan and activities) Delermine Derbyshire Mind's vision and purpose Agree Derbyshire Mind's financial policies Ensure Derbyshire Mind's financial activities are within the law Ensure Derbyshire Mind's financial aclivrties are within our charitable objectives Ensure Derbyshire Mind's financial accountability as required by law Ensure Derbyshire Mir)d has adequate resources Ensure Derbyshire Mind's assets, property and staff are properly managed Induction and training of trustees Derbyshire Mind's work is overseen by the board of trustees which currently has a membership of six local people. Each trustee receives induction and mandatory training when joining the organisation, as well as on-going support and refresher training. Trustees are offered development opportunities via specific training events Of meetings to enhance their understanding of their iole and responsibilities. On leaving trustees are invited to complete an exit interview. Pay policy for key management personnel The trustees of Derbyshire Mind set the pay structure of the senior management team via an annual review undertaken by a Remuneration Committee, which consists of members oflhe Finance and Governance Sub- Committees. Any annual pay awards for staff, including the senior management team, require approval from the full board. Docrnent ID.. 8118db8b-98b54ca4-82dl-3e22fe2eOdef
DERBYSHIRE MIND TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Related parties Derbyshire Mind is an independent local assoclalion, affiliated to the national charty Mind. Derbyshire Mind is a member of Community Action Derby and The Derbyshire Menlal Health Forum. Disclosure of information to auditor Each of the trustees has confirmed that there is no information of which they are aware which is relevant to the audit, bul of which the audttor is unaware. They have further confirmed that they have taken appropriate steps to identify such relevant information and to establish that the auditor is aware of such information. The trustees, report was approved by the Board of Twslees. J FLkkn W H Fletcher Trustee Dated.. 0411012024 Document ID= 81 c8db8b-98b54ca4-82d1-3e22fe2eOdef
DERBYSHIRE MIND STATEMENT OF TRUSTEES, RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2024 The trustees, who are also the directors of Derbyshire MIND for the purpose of Company law, are responsible for preparing Ihe Trustees. Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company Law requires Ihe trustees to prepare financial statements for each financial year which give a true and fair view of the stale of affairs of the charily and of the incoming resources and applicalion of resources, including the income and expenditure, of the charilable company for that year. In preparing these financial statements. the trustees are required to= select suitable accounting policies and then apply them consistently., observe the methods and principles in the Charities SORP; make judgements and estimates that are reasonable and prudent., and prepare the financial statements on the going concern basis unless it is inappropriate to presume that the chatity will conts'nue in operation. The Irustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Companies Act 2(X)6. They are also iesponsible for safeguarding the assets of the charrty and hence for taking reasonable step5 for the prevention and detection of fraud and other irregularities. Document ID.. 81c8db8b-98b54ca4-82dl-3e22fe2eOdef
DERBYSHIRE MIND INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF DERBYSHIRE MIND Opinion We have audited the financial statements of Derbyshire MIND (the 'charity') for the year ended 31 March 2024 which comprise the slatement of financial activities, the balance sheet, the statement of cash flows and notes to the financial statements, including significant accounling poliaes. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, inclLJding Financial Reporting Standard 102 The Financial Reporting Standard applicable in th& UK and Republic of Ireland {Unrted Kingdom Generally Accepted Accounting Practice). In our opinion, the financial statements- give a true and fair view of the state of the charitable company's affairs as at 31 March 2024 and of its incoming resources and application of reSoUs, for the year then ended,. have been properly prepared in accordance wilh United Kingdom Generally Accepted Accounting Practice.. and have been prepared in accordance with the requirements of the Cofflpanies Act 2006. Basis for opinion We conducted our audit in accordance wilh Intemational Standards on Auditing (UK) (ISAS {UK)) and applicable law. Our responsibilities under those standards are further described in the Auditoffs responsibililies for the audit of the financial statements section of our report. We are independent of the charity in accordance with Ihe ethical requirements that are relevant to our audit of the financial stalemenls in the UK, induding the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going conGern In audiling the financial statements, we have concluded that the trustees. use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity's ability to continue as a going concern for a period of al least Iwelve months from when the financial slalements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report. Other inforniation The other infomiation comprises the information included in the annual report other than the financial statements and our audrtorfs report thereon. The trustees are responsible for the olhei informalion contained within the annual report. Our opinion on the financial statements doe5 not cover the other information and we do not express any form of assurance conclusion thereon. Our responsibility is lo read the other information and, in doing so, consider whether the olher information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatemenls, we are required to detemiine whether this gives rise lo a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude thal Ihere is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. Matters on which we are required to report by ex¢eption We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report to you if, in our opinion.. the information given in the financial statements is inconsistent in any material respect with the truslees, report., or sufficient accounting records have not been kept.. or the financial statements are not in agreemenl wilh the accounting records., or we have not received all the information and explanations we require for our audit. 10- Document ID.. 81c8db8b-98b54(a4-82d1-3e22fe2eOdef
DERBYSHIRE MIND INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF DERBYSHIRE MIND Responslbilities of trustees As explained more fully in the statement of trustees, responsibilities, the trustees, who are also the directors of the harity for Ihe purpose of company law, are responsible for Ihe preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the Irustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due lo fraud or error. In preparing the financial statements. the trustees are responsible for assessing the charity's ability to continue as a going concern, disdosing, as applicable. matters related lo going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternatrve but to do so. Auditorfs responsibilities for the audit of the financial statements We have been appointed as auditor under section 144 of the Charities Acl 2011 and report in accordance with the Acl and relevant regulations made or having effect thereunder. A further description of our responsibilities is available on the Financial Reporting Council's website at.. httPS'.11 wv.frc.Org.ukladItorsreSponSlbllitles. This description fomis part of our auditorfs report. Extent to vthich the audit was considered capable of detecting irregularities, including fraud Irregularities, including fraud. are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above and on the Financial Reporting Council's website, to detect material misstatements in respect of irregularities, including fraud. obtain and update our understanding of the entity, its activities. ils control environment, and likely future developments, including in relation lo the legal and regulatory framework applicable and how the entity is complying with that framework. Based on this understanding, we identify and assess the risks of material misstatement of the financial statemenls, whether due to fraud or eOr, design and perform audit procedures responsive to those risks. and obtain audit evidence that is sufficienl and appropriate to provide a basis for our opinion. This includes consideration of the risk of acts by the entity that were contrary to applicable laws and regulations, including fraud. In response to the risk of irregularities and non-complian with laws and regulations. induding fraud, we designed procedures which included-. Enquiry of management and those charged with governan around actual and potenlial litigation and claims as well as actual, suspected and alleged fraud., Reviewing minutes of meetings of those charged with governance- Assessing the extent of compliance with the laws and regulations considered to have a direct material effect on the financial statements or the operations of the entity through enquiry and inspection., Reviewing financial statement disclosures and testing to supporting documentation lo assess compliance with applicable laws and regulations., Performing audit work over the risk of management bias and override of controls, including testing of joumal entries and other adjustmenls for appropfiateness, evaluating the business rationale of significant transactions outside the normal course of business and reviewing aCUntIng estimates for indicators of potential bias. Because of the inherenl limrtations of an audit, there is a risk that we will not delect all irregularities, including those leading to a material misslalemenl in the financial stalements or non-compliance with regulation. This risk increases the more that Complian with a law or regulation is removed from the events and transadions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk of nol detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve llUsIon, forgery, intentional omissions, misrepresentations, or the override of intemal control. 11 Document ID: 81c8db8b-98b54ca4-82dl-3e22fe2eOdef
DERBYSHIRE MIND INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF DERBYSHIRE MIND Uso of our report This report is made solely to the charity's truslees, as a body. in accordance with part 4 of the Charilies (Accounts and Reports} Regulations 2008. Our audit work has been undertaken so thal we might stale lo the charity's trustees Ihose matters we are required to slate to them in an auditorfs report and for no other purpose. To Ihe fullest extent permitted by law. we do not accept or assume responsibility to anyone other than the charrty and the Charity's trustees as a body, for our audit work, for this report. or for the opinions we have fomied. Mr Mark Jackson FCA DChA (Senior Statutory Audltor) for and on behalf of Azets Audit Services Chartered Ac¢ountants Statutory Audltor Westpoint Lynch Wood Peterborough Cambridgeshire United Kingdom PE2 6FZ Azets Audit Services is eligible for appointment as auditor of the charity by virtue of its eligibility for appointment as auditor of a company under section 1212 of the Companies Act 2006. 12- Document ID.. 81 c8Llb8b-98b54ca4-82d1-3e22fe2eOdef
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DERBYSHIRE MIND BALANCE SHEET AS AT31 MARCH 2024 2024 2023 Notes Fixed assets Tangible assels 11 13,899 17.052 Current assets Debtors Cash al bank and in hand 12 74,635 1,381,344 12,610 1.020,809 1,455,979 1,033,419 Creditors: amounts fallbng due within one year 13 (919,099) (567.194) Net current assets 536,880 466.225 Total assets less current liabilities 550,779 483.277 Income funds Restricted funds Designated funds General unreslrided funds 14 83,002 146,308 321,469 250,583 232,694 550,779 483,277 The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Acl 2006, for the year ended 31 March 2024, although an audit has been carried out under section 144 of the Charities Ac12011. The directors acknowledge Iheir responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparalion of financial statements. The members have not required the company to obtain an audrt of its financial statements under the requirements of the Companies Act 2006, for the year in question in accordance wrth section 476. These financial stalemenls have been prepared in accordance with the provisions applicable lo companies subject to the small companies regime. The financial statements were approved by the Trustees on . 1010912024 LI ILkL- W H Fletcher Trustee Company Registratlon No. 2942312 14- Document ID.. 81 c8db8b-98b54ca4-82d1.3e22fe2eOdef
DERBYSHIRE MIND STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Notes C•$h flows from operallng activitles Cash generaled from operations 19 345,349 186,058 Inv•sting activltles Purchase of tangible fixed assets Inveslment income received (3,363} 18,549 (18,044) 4.614 Net ca$h generated fromllused in investing a¢tivitie$ 15,186 (13,430) Net cash u8•d in financlng actlvltles N•t Increase In cash and calh •quivalonts 360,535 172,628 Cash and cash equivalenls at beglnnlng of year 1.020,809 848,181 Cash and cash equlvalents at end of year 1.381,344 1,020,809 15- Document ID: 81c8db8b.98b54ca4-82d1-3e22fe2eOdef
DERBYSHIRE MIND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 A¢counting policies Charity inforniation Derbyshire MIND is a privale company limited by guarantee incorporated in England and Wales. The registered office is Room 12. Derby West Business Cenlre, Ashbourne Road, Derby, DE22 4NB. 1.1 Accounting convention The financial statements have been prepared in accordance with the charity's governing document. the Companies Act 2006. FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" ("FRS 102"} and the Charities SORP 'Accounting and Reporting by Charities= Statement of Recommended Practice applicable to charilies Preparing their accounts in accordance with Ihe Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" {effective 1 January 2019}. The charity is a Public Benefit Entity as defined by FRS 102. The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial slatements are rounded lo the nearesl £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. 1.2 Going concern At the time of approving the financial statements, Ihe trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopl the going concern basis of accounting in preparing the financial statements. During the year the charity lost Ihe contracts for providing Community and Specialisl Advocacy Services. The trustees have taken this into account when assessing the going concem. 1.3 Charitable funds Unrestricted funds are available for use at the discretion of the trustees in furlherance of their charitable objectives. Designated funds are unfestricted funds earmarked by the trustees for particular purposes. Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial stalemenls. 1A Income Income is recognised when Ihe charily is legally enlilled lo it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on reipl. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income lax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known. and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset. 16- Document ID.. 81 c8db8b-98b54ca442dl-3e22fe2eOdef
DERBYSHIRE MIND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accounting policies {Continued) 1.5 Expendlture Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes VAT which cannot be recovered, and is reported as part of the expenditure to which it relates. Charitable expenditure comprises those costs incurred by the charity in the delivery of Its activities and SeiceS for its beneficiaries. It indudes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and indude the audit fees and costs linked lo the stralegic managemenl of the charity. All costs are allocated between the expenditure categories of the Statement of Financial Activities on a basis designaled to reflecl the use of the resour. Costs relating to a particular activity are allocated directly. others are apportioned on an appropriate basis. 1.6 Tangible fixed assets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, nel of depreciation and any impairment losses. Equipment costing more than £1,000 is capitalised. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases.. Computer equipment 330/0 Straight line per annum The gain or loss arising on the disposal of an asset is determined as the difference beeen the sale proceeds and the carrying value of the asset, and is recognised in the stalement of financial activities. 1.7 Impalmnt of fixed assets At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that Ihose assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extenl of the impairment loss (if any). 1.8 Cash and cash equivalents Cash and cash equivalents include cash in hand. deposits held at call with banks. other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 1.9 Financial instruments The charrty has elected to apply the provisions of Section 11 'Basic Financial Instruments. and Section 12 'Other Financial Instruments Issues, of FRS 102 to all of its financial instruments. Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset. with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a nel basis or lo realise the asset and settle the liability simultaneously. 17- Document ID.. 81 c8db8b-98b54(a4-82dl-3e22fe2eOdef
DERBYSHIRE MIND NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Accounting pollcies Icontlnued) Baslc financlal assets Basic financial assets, which include deblors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequenlly carried al amortised cosl using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at Ihe present value of the future receipts discounted at a market rate of interest. Financial assets lassified as receivable within one year are not amortised. Basic financial liabilities Basic financial liabilities, induding creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate melhod. Trade creditors are obligations lo pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cosl using the effective interest method. Dere¢ognition of financial liabilities Financial liabilities are derecognised when the charity's contradual obligations expire or are discharged or cancelled. 1.10 Taxation The charity is exempt from tax on income and gains to the exient that these are applied exclusively to its charitable objects. 1.11 Employee benefits The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received. Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or lo provide termination benefits. 1.12 Retirement benefits Paymenls lo defined contribution retirement benefrt schemes are charged as an expense as they fall due. Critical accounting estimates and judgements In the application of the charity's accounting policies, the trustees are required to make judgements, estimales and assumptions about the carrying amount of assets and liabililies that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and olher factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting eslimates are recognised in the period in which the estimate is revised where the revision affecls only thal period, or in the period of the revision and future periods where the revision affects bolh current and future periods. 18- Document ID: 81 C8db8b-98b54Ca82dl-3e22fe2eodef
DERBYSHIRE MIND NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Donatlons and legacles Unrestrl¢t•d Unrestrlcted funds funds 2024 2023 Donations and gifts Legacies receivable Grants recelved 99,633 50,000 65,043 1,244 3,000 149,633 69,287 Charltable a¢tlvitie8 Unre$trl¢ted Unrnstricted fund$ funds 2024 2023 Derbyshire Counly Council service level agreemenls Other project Income National Mind project income 1,180,862 369,235 72,324 933,257 18,735 18.409 1.602,421 970,401 Analysis by fund Unrestricted funds Restricled funds 1.358.C63 244.358 970.401 1,602,421 970,401 Investments Unrestrictsd Unrestricted fund$ funds 2024 2023 Inleresl receivable 18,549 4,614 19- Document ID.. 81c8db8b-98b54ca4-82d1-3e22fe2eOdef
DERBYSHIRE MIND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Charitable activities Unrestricted Unrestricted funds funds 2024 2023 Staff cosls Depreciation and impairment Project costs Premises costs Miscellaneous Printing, postage, stationery and advertising Motor and Iravel Telephone Other charitable costs Computer equipment and software Staff training Legal and professional fees Rècruitment costs and temporary staff 1,233.365 6,516 167,346 91,508 4.754 11.610 36,694 19.576 6,015 76,687 5,197 8,089 16,424 870,436 992 11,247 29,334 1,834 4,704 24,969 10,077 5,830 45.424 7.768 6,316 1,634 1,683,781 1,020,565 Share of govemance costs (see note 7) 19.320 18,960 1,703,101 1,039,525 Analysis by fund Unrestricted funds Designaled funds Restricted funds 1.535,229 1,038,533 6,516 992 161,356 1,703.101 1,039,525 Support costs Support Governance costs costs 2024 Support costs 2023 Staff costs 12,000 12,000 12,000 Audit fees 7,320 7,320 6.960 19.320 19,320 18,960 Analysed beeen Charitable activities 19,320 19.320 18,960 Governance costs includes payments to the auditor5 of £7,320 {2023- £6,960) for audit fees. -20- Document ID.. 81c8db8b-98b54ca4-82d1-3e22fe2eOdef
DERBYSHIRE MIND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Trustse8 None of the trustees {or any persons connected with them) received any remuneration or benefrts from the charity during the year. Employoe$ The average monthly number of employees during the year was: 2024 Number 2023 Number 47 32 Employment costs 2024 2023 Wages and salaries Social security $1$ Other pension costs 1.113,712 82,537 49,116 780,022 63.607 38,807 1.245,385 882,436 There were no employees whose annual remuneration was more than £60,000. 10 Taxatlon The charity is exempt from tax on income and gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to ils Charilable objects. 11 Tanglble flxod assets Computor equlpmont Cost At 1 April 2023 Additions 18,044 3,363 At 31 March 2024 21,407 Depre¢iatlon and Impalmient At 1 April 2023 Depreciation charged in the year 992 6,516 At 31 March 2024 7,508 Carrying amount At 31 March 2024 13,899 At 31 March 2023 17,052 21 Document ID.. 81c8db8b-98b54ca*82dl.3e22fe2eOdef
DERBYSHIRE MIND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 12 Dobtors 2024 2023 Amounts falling due withln one year: Trade debtors Other debtors Prepayments and accrued income 6,509 481 12,129 68,126 74,635 12,810 13 Credltors: amounts falllng due wlthln one year 2024 2023 Olher taxation and social security Trade creditors Other creditofs Accruals and deferred income 26,315 38,846 153,195 700,743 17,803 4,130 545,461 919,099 567,194 Accruals and deferred income includes the amount of £487,274 {2023: £343,136) in re$pe¢l of unspent monies under OerbYshi Counly Councll service level agreements. Other creditors indudes the amount of £152.531 (2023.. £nil) in SpeCt of underspends repayable to Derbyshire Couniy Council. 14 Rostricted funds The income funds of Ihe chaTity include restrided funds comprising the following unexp8nded balances of donations and grants held on trust for specÈfi¢ purposes.. Movement In funds Incoming Rgsourc•$ Balanc• at our¢ •xynd•d 31 March 2024 Balanc• at 1 Aprll 2023 Crisis Cafes Crisis Cafes - Capilal Trauma Infomed Derbyshire 86,632 150,000 7,726 (86,632) (66,998) (7,726) 83,002 244.358 (161.356) 83,002 -22- Document ID.. 81c8db8&98b54ca&82d1-3e22fe2eOdef
DERBYSHIRE MIND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 15 Designated fund8 The income funds of the chariiy include the ftjllowing designated funds which have been set asid8 Out of unreslricted funds by the trustees for specific purposes- 8al•nc• at 1 Aprll 2022 R•sourus Tran oxpond•d R•souT¢•• expended Transfers Balan¢9 •t 31 Mar¢h 2024 1 Aprll 2023 Redundancy Development Community Services Fixed asset fund 71,000 15,726 16,057 87,057 15,726 (47,495) 39,562 15,726 154,306 (23,558) 130.748 153,827) 77,121 (992} 18,044 17,052 (6,518) 3,363 13.899 241.032 (992) 10,543 250,583 (6,516) (97,759) 146,308 The Redundancy fund has been set up to cover the costs of redundancy should the organisalion cease to exist. The Developmenl fund has been set up to supporl the developments and growth of existing servlces, and to identify and develop new seniices, The Community Services fund has been set up to develop and grow Derbyshire Mlnd's mental health and wellbeing Services programme. The fixed asset fund represents the net book value of fixed assets. -23- Document ID: 81c8db8b-98b>4ca4-82d1-3e22fe2eOdef
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DERBYSHIRE MIND NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 17 Operating lease commilments Lessee At the reporting end date the Charity had oulstanding Commitments for future minimum lease payments under non-cancellable operating leases. which fall due as follows: 2024 2023 Wrthin one year 48,303 18.866 18 Related party transactlons Remuneratlon of key management personnel The remuneration of key management personnel is as follows. 2024 2023 Aggregate compensation 256.159 243,809 19 Cash g•norated from operntions 2024 2023 Surplus for the year 67,502 4.777 Adjustments for- Investment income cOgnised in statemenl of financial ac16vities Depreciation and impairment of tangible fixed assets (18,549) 6.516 {4,614) 992 Movements in working capital.. {Increaselldecrease in debtors Increasel(decrease) in creditors {62,025) 351,905 228,902 (43,999> Cash generated from operallons 345.349 186,058 20 Analy8ls of changes In net fund$ The charity had no debt during the year. -25- Document ID: 81c8db8b-98b54ca442d1-3e22fe2eOdef