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REGISTERED COMPANY NUMBER: 03030938 (England and Wales) REGISTERED CHARITY NUMBER: 1045123
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REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
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FOR
WEST WALES ACTION FOR MENTAL HEALTH
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Charles & Co . Chartered Certified Accountants 3 Murray Street Llanelli Carmarthenshire SAI5 LAQ
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WEST WALES ACTION FOR MENTAL HEALTH
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CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
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|Report|of the|Trustees|1|to|2|
|Independent|Examiner's|Report|,|3|
|Statement|of Financial|Activities|4|
|Balance|Sheet|5|
|Notes|to|the|Financial|Statements|6|to|13|
|Detailed|Statement|of Financial|Activities|14|
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. WEST WALES ACTION FOR MENTAL HEALTH REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019),
OBJECTIVES AND ACTIVITIES
Objectives and aims
Our charity's objectives are to promote and protect mental health and assist those suffering from mental health conditions or otherwise requiring advice or treatment in Carmarthenshire, Pembrokeshire & Ceredigion, providing and assisting in the provision of support, treatment, advice, training and such other services as the trustees may determine from time to time.
Our mission is to improve mental health across West Wales and we do this by delivering the following core functions:-
1) Development & Consultancy
2) Facilitating joint working
3) Information
4) Training Services 5) Health promotion 6) Service User and Carer Involvement
Public benefit
Our main activities and those we try to help are described below. All activities undertaken are to further our charitable purposes for the public benefit.
The trustees confirm that they have complied with the requirements of section 4 of the Charities Act 2011 to have due regard for the public benefit guidance published by The Charity Commission for England and Wales.
FINANCIAL REVIEW
Principal funding sources The charity's main funders in relation to our core functions are; The Welsh Government via Hywel Dda Health Board, Carmarthenshire County Council and Ceredigion and Pembrokeshire County Councils.
Reserves policy
The charity recognises and accepts its responsibilities as a charity, a company limited by guarantee and an employer to protect the financial viability and continuation of the organisation. In accordance with good practice it is agreed that monies are allocated towards a reserve. The purpose of the reserve is to ensure cash flow, provide the opportunity to attract alternative funding should existing funding be subject to cutbacks and to ensure that in the event of funding being ceased , the organisation would still be able to fulfill its financial and legal obligations upon winding up. As at the 31st March 2025, West Wales Action for Mental Health (WWAMH) has £186,670 of unrestricted funds, included within this is £1,000 designated funds.
STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Recruitment and appointment of new trustees Trustees are identified via word of mouth, CV's or by previous knowledge having come into contact with them during the course of our work.
Organisational structure We have a board of trustees that meet every two months to administer the charity. The director is employed by the WWAMH board to manage the day to day running of the charity.
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WEST WALES ACTION FOR MENTAL HEALTH
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REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
Induction and training of new trustees New trustees are invited to an initial meeting to get a flavour of our work, WWAMH has a comprehensive induction pack which contains information about our organisation, roles and responsibilities as trustees, a trustee contract, memorandum and articles of association, policies and procedures and other key information. Trustees have the opportunity to attend any training they feel necessary to help fulfil their role.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 03030938 (England and Wales)
Registered Charity number 1045123
Registered office 18 Queen Street Carmarthen Dyfed SA31 JT Trustees R B Bamforth Miss K E Bowen E M Daymond Mrs M A Robinson Ms E Wilkinson Ms C J Young Ms K A Cuin Medical Editor (appointed 20,6.24) M A Howard Senior Learning Advisor (appointed 20.6,24)
Company Secretary
E M Daymond
Independent Examiner Charles & Co Chartered Certified Accountants 3 Murray Street Llanelli Carmarthenshire SALS 1AQ Approved by order of the board of trustees on 20 June 2025 and signed on its behalf by:
. i Ms E Wilkinson - Trustee
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WEST WALES ACTION FOR MENTAL HEALTH
Independent examiner's report to the trustees of West Wales Action For Mental Health (‘the Company’) I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 (‘the 2006 Act’).
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, [ report in respect of my examination of your charity's accounts as_ carried out under Section 145 of the Charities Act 2011 (‘the 2011 Act’). In carrying out my examination [ have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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1, accounting records were not Kept in respect of the Company as required by Section 386 of the 2006 Act; or 2, the accounts do not accord with those records; or 3, the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or
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4, the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
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R.A. Williams
The Association of Chartered Certified Accountants
Charles & Co Chartered Certified Accountants 3 Murray Street Llanelli ; Carmarthenshire SAILS LAQ
20 June 2025
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WEST WALES ACTION FOR MENTAL HEALTH
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STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025
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|2025|2024|
|Unrestricted|Restricted|Total|Total|
|funds|funds|funds|funds|
|Notes|£|£|£|£|
|INCOME|AND ENDOWMENTS|FROM|
|Donations|and|legacies|12,087|-|12,087|311|
|Charitable|activities|
|Grants|3,578|213,529|217,107|217,519|
|Investment|income|2|4,488|-|4,488|3,489|
|Total|20,153|213,529|233,682|221,319|
|EXPENDITURE|ON|,|
|Charitable|activities|3|
|Grants|(2,095)|216,172|214,077|206,486|
|NET INCOME/(EXPENDITURE)|22,248|(2,643)|19,605|14,833|
|Transfers|between|funds|LO|360|(360)|-|-|
|Net|movement|in|funds|22,608|(3,003)|19,605|14,833|
|RECONCILIATION|OF FUNDS|
|Total|funds|brought|forward|166,062|3,003|169,065|154,232|
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|TOTAL FUNDS CARRIED FORWARD|188,670|-|188,670|169,065|
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The notes form part of these financial statements
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WEST WALES ACTION FOR MENTAL HEALTH
BALANCE SHEET
| 31 | MARCH 2025 | ||||
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| 2025 | 2024 | ||||
| Unrestricted funds |
Restricted funds |
Total funds |
Total funds |
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| Notes | £ | £ | £ | £ | |
| CURRENT ASSETS | |||||
| Cash at bank | 205,075 | - | 205,075 | 174,224 | |
| CREDITORS | |||||
| Amounts fallingdue within one year | 9 | (16,405) | - | (16,405) | (5,159) |
| NETCURRENTASSETS | 188,670 | - | 188,670 | 169,065 | |
| TOTAL ASSETS LESS CURRENT | |||||
| LIABILITIES | 188,670 | - | 188,670 | 169,065 | |
| NETASSETS | 188,670 | - | 188,670 | 169,065 | |
| FUNDS Unrestricted funds Restricted funds |
10 | 188,670 - |
166,062 3,003 |
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| TOTALFUNDS | 188,670 | 169,065 |
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The charitable company ts entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025,
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies
subject to the small companies regime. The financial statements were approved by the Board of Trustees and authorised for issue on 20 June 2025 and were signed on its behalf by:
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NL ON,
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E Wilkinson - Trustee
The notes form part of these financial statements
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WEST WALES ACTION FOR MENTAL HEALTH
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
- ACCOUNTING POLICIES
Basis of preparing the financial 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 (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective | January 2019)’, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources,
Tangible fixed assets
:
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life,
Fixtures and fittings - 25% on cost
IT Equipment is written off in full in the year ofpurchase due to its short life nature.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees,
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
Hire purchase and leasing commitments Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
Pension costs and other post-retirement benefits
The company operates a defined benefit pension scheme. An actuarial valuation is done each year. Any deficits are recognised in the accounts as a contingent liability.
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WEST WALES ACTION FOR MENTAL HEALTH
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
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|2.|INVESTMENT|INCOME|,|
|2025|2024|
|£|£|
|Interest|Received|4,488|3,489|
|3.|CHARITABLE|ACTIVITIES|COSTS|Direct|;|
|Costs|Supportcosts|Totals|
|Grants|212,541£|1,536£|214,077£|
|4,|NET INCOME/(EXPENDITURE)|
|Net|income/(expenditure)|is|stated|after|charging/(crediting):|
|2025|2024|
|Auditors'|£|£|
|Other|operatingremunerationleases|for non audit work|11,0001,536|11,0001,536|
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5, TRUSTEES' REMUNERATION AND BENEFITS There were no trustees’ remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024,
Trustees' expenses
There were no trustees’ expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024,
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|6.|STAFF COSTS|
|2025|2024|
|£|£|
|Wages|and|salaries|137,810|136,046|
|Social|security|costs|4,426|4,758|
|Other pension|costs|22,000|19,000|
|——|—_|
|164,236|159,804|
|=|—=|
|The average monthly number of|employees during the year was as follows:|
|Charitable|2025|2024|
|Activities|6|6|
|No employees received emoluments|in excess of|£60,000.|
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WEST WALES ACTION FOR MENTAL HEALTH
NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2025
9, CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
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|2025|2024|
|£|£|
|Trade|creditors|16,405|5,159|
|10.|MOVEMENT IN FUNDS|
|Net|Transfers|
|movement|between|At|
|At|1.4.24|in|funds|funds|31.3.25|
|£|£|£|£|
|Unrestricted|funds|
|General|fund|135,062|22,248|30,360|187,670|
|Development(Designated)|Fund|30,000|-|(30,000)|-|
|Interpretors (Designated) Fund|1,000|-|-|1,000|
|166,062|22,248|360|188,670|
|Restricted|funds|
|Ceredigion|Dev|Worker|136|256|(392)|-|
|Pembrokeshire|Dev|Worker|1,666|(2,694)|1,028|-|
|Mental|Health Forums|1,201|(920)|(281)|-|
|Hywel|Dda|-|715|(715)|-|
|3,003|(2,643)|(360)|-|
|—__|—|——|———|
|TOTAL FUNDS|169,065|19,605|-|188,670|
|Net|movement|in|funds,|included|in|the|above|are|as|follows:|
|Incoming|Resources|.|Movement|
|;|resources|expended|in|funds|
|£|£|£|
|Unrestricted|funds|
|General|fund|20,153|2,095|22,248|
|Restricted|funds|
|Ceredigion|Dev|Worker|20,394|(20,138)|256|
|Pembrokeshire|Dey|Worker|10,733|(13,427)|(2,694)|
|Mental|Health|Forums|-|(920)|(920)|
|Hywel|Dda|182,402|(181,687)|715|
|213,529|(216,172)|(2,643)|
|TOTAL FUNDS|233,682|(214,077)|19,605|
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WEST WALES ACTION FOR MENTAL HEALTH
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NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
10. MOVEMENT IN FUNDS- continued
Comparatives for movement in funds
| At 1.4.23 | Net movement infunds |
Transfers between funds |
At 31.3.24 |
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|---|---|---|---|---|
| £ | £ | £ | £ | |
| Unrestricted funds | ||||
| General fund | 113,853 | 8,497 | 12,712 | 135,062 |
| Development(Designated) Fund | 30,000 | - | - | 30,000 |
| Interpretors (Designated) Fund | 1,000 | - | - | 1,000 |
| 144,853 | 8,497 | 12,712 | 166,062 | |
| Restricted funds | ||||
| Ceredigion Dev Worker | 52 | 84 | - | 136 |
| Pembrokeshire Dev Worker | - | 1,666 | - | 1,666 |
| Spirituality | 616 | (616) | - | - |
| Golfing Project | 3,105 | - | (3,105) | - |
| Mental HealthForums | 1,277 | (76) | - | 1,201 |
| Hywel Dda | 4,329 | 5,278 | (9,607) | - |
| 9,379 | 6,336 | (12,712) | 3,003 | |
| TOTAL FUNDS | 154,232 | 14,833 | - | 169,065 |
| Comparative netmovement in funds, included in theabove are as follows: | ||||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 6,400 | 2,097 | 8,497 | |
| Restricted funds | ||||
| Ceredigion Dev Worker | 20,310 | (20,226) | 84 | |
| Pembrokeshire Dey Worker | 14,310 | (12,644) | 1,666 | |
| Spirituality | - | (616) | (616) | |
| Mental Health Forums | - | (76) | (76) | |
| Hywel Dda | 180,299 | (175,021) | 5,278 | |
| 214,919 —_ |
(208,583) __ |
6,336 —_— |
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| TOTALFUNDS | 221,319 — |
(206,486) __ |
14,833 _—— |
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WEST WALES ACTION FOR MENTAL HEALTH
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025
10. |MOVEMENT IN FUNDS- continued
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A current year 12 months and prior year 12 months combined position is as follows:
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|Net|Transfers|
|movement|between|At|
|At|1.4.23|in|funds|funds|313.25|
|£|£|£|£|
|Unrestricted|funds|
|General|fund|113,853|30,745|43,072|187,670|
|Development(Designated)|Fund|30,000|-|(30,000)|-|
|Interpretors|(Designated)|Fund|1,000|-|-|1,000|
|144,853|30,745|13,072|188,670|
|Restricted|funds|
|Ceredigion Dey|Worker|52|340|(392)|-|
|Pembrokeshire|Dev Worker|-|(1,028)|1,028|-|
|Spirituality|616|(616)|-|-|
|Golfing|Project|3,105|-|(3,105)|-|
|Mental|Health|Forums|1,277|(996)|(281)|-|
|Hywel|Dda|4,329|5,993|(10,322)|-|
|9,379|3,693|(13,072)|-|
|TOTAL FUNDS|154,232|34,438|-|188,670|
|——|ns|——||——|
|A|current|year|12|months|and|prior|year|12|months|combined|net|movement|in|funds,|included|in|the|above|
|as|follows:|
|Incoming|Resources|Movement|
|resources|expended|in|funds|
|£|£|£|
|Unrestricted|funds|
|General|fund|26,553|4,192|30,745|
|Restricted|funds|
|Ceredigion|Dev|Worker|40,704|(40,364)|340|
|Pembrokeshire|Dev Worker|25,043|(26,071)|(1,028)|
|Spirituality|-|(616)|(616)|
|Mental|Health|Forums|-|(996)|(996)|
|Hywel|Dda|362,701|(356,708)|5,993|
|428,448|(424,755)|3,693|
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|TOTAL FUNDS|455,001|(420,563)|34,438|
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A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
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- EMPLOYEE BENEFIT OBLIGATIONS
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WEST WALES ACTION FOR MENTAL HEALTH NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2025
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Dyfed Pension fund
Local Government Pension Scheme
The date of the most recent actuarial valuation was 31st March 2025.
The total surplus relating to defined benefit schemes schemes for the year recognised in the profit and loss was NIL (2024-NIL)
Reconciliation of scheme assets and liabilities to assets and liabilities recognised Any actuarial deficit is recognised in the financial statements whilst actuarial surpluses are not. The amounts recognised in the statement of financial position are as follows:
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|2025|2024|
|£|£|
|Fair|value|of scheme|assets|1,622,000|1,620,000|
|Present|Value|of defined|benefit|obligation|(1,272,000)|(1,400,000)|
|Defined|benefit|pension|scheme|surplus|(deficit)|350,000|220,000|
|Defined|Benefit|Obligation|
|Changes|in the|defined|benefit|obligation|are|as|follows:|
|2025|
|£|
|Present|value|at start|of year|1,400,000|
|Current|Service|Cost|21,000|
|Interest|66,000|
|Members’|Contributions|6,000|
|Past|Service|Cost|-|
|Remeasurements|(Gains)|(155,000)|
|Benefits/transfers|paid|(63,000)|
|Present|value|at end|of year|1,272,000|
|Fair|Value|of scheme|assets|
|Changes|in|the|fair|value of scheme|assets|are|as|follows:|
|Fair|Value|at|start|of year|1,620,000|
|Interest|income|79,000|
|Remeasurements|(assets)|(42,000)|
|Administration|Expenses|-|
|Employer|Contributions|22,000|
|Member|contributions|6,000|
|Benefits|Paid|(63,000)|
|Fair value|at end|of year|1,622,000|
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WEST WALES ACTION FOR MENTAL HEALTH
NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2025
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12. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2025,
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WEST WALES ACTION FOR MENTAL HEALTH
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 12,087 | 311 |
| Investment income | ||
| Interest Received | 4,488 | 3,489 |
| Charitable activities | ||
| Grants | 217,107 | 217,519 |
| Total incoming resources | 233,682 | 221,319 |
| EXPENDITURE | ||
| Charitable activities | ||
| Wages | 137,810 | 136,046 |
| Social security | 4,426 | 4,758 |
| Pensions | 22,000 | 19,000 |
| Rent Paid | 11,000 | 11,000 |
| Insurance | - | 245 |
| Telephone | 2,780 | 3,377 |
| Postage and stationery | 2,533 | 2,274 |
| Advertising | 1,196 | 296 |
| Sundries | 30,796 | 27,954 |
| 212,54] | 204,950 | |
| Support costs | ||
| Governance costs | ||
| Auditors’ remuneration for non auditwork | 1,536 | 1,536 |
| Total resources expended | 214,077 | 206,486 |
| Netincome | 19,605 | 14,833 |
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This page does not form part of the statutory financial statements
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