• : Mental Health Resource Supporting wellbeing in our Community TUNBRIDGE WELLS MENTAL HEALTH RESOURCE LIMITED ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 www.mentalhealthresource.org.uk Registered charity number: 1049854 Registered company number: 02826452 TUESDAY A38 AEI1OHSY 23/12/2025 COMPANIES HOUSE
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TUNBRIDGE WELLS MENTAL HEALTH RESOURCE LIMITED CONTENTS Reference and administrative details Report of the Board of Trustees Independent examiner's report Statement of financial activities Balance sheet Notes to the financial statements Page 1 2 18 20 21 22
•. --.- .-- - ..._. TUNBRIDGE WELLS MENTAL HEALTH RESOURCE LIMITED REFERENCE AND ADMINISTRATIVE DETAILS FOR THE YEAR ENDED 31 MARCH 2025 Board of Trustees Company number Charity number Trading name Registered and principal office Charity manager Company secretary Independent examiner C Burgess M GuO D Kelso R Lindsay A Moretti R North KOrman P Ryves 02826452 (appointed 31 May 2024) (Chair) (resigned 29 November 2024) (appointed 18 February 2025) (appointed 7 April 2025) 1049854 Mental Health Resource 2a Grosvenor Park Tunbridge Wells Kent TN1 2BD R Corry S Dolke James Mathieson FCA Lindeyer Francis Ferguson Limited North House 198 High Street Tonbridge Kent TN9 1BE 1
TUNBRIDGE WELLS MENTAL HEALTH RESOURCE LIMITED REPORT OF THE BOARD OF TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 The Board of Trustees of the charity present their annual report together with the financial statements of the charity Tunbridge Wells Mental Health Resource Limited for the year ended 31 March 2025. The trustees confirm that the annual report and financial statements of the company comply with the current statutory requirements, the requirements of the company's governing document and the provisions of the Statement of Recommended Practice (SORP), 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). This report is also the Directors' Report required by Company Law. Structure, Governance and Management The organisation is a charitable company limited by guarantee, incorporated on 11 June 1993 and registered as a charity on 18 October 1995. It is governed by its Memorandum and Articles of Association. The legal name of the charity is Tunbridge Wells Mental Health Resource Limited; however, its trading name is now Mental Health Resource, and this is what it is referred to throughout this report. The Reference and Administrative details set out on page 1 form part of this report. The directors of the company are also the charity trustees for the purposes of charity law and under the company's Articles of Association are known as members of the Council of Management. New crustees are recruited through an open recruitment process. Under the requirements of th Memorandum and Articles of Association at every Annual General Meeting one third of the trustee • shall retire from office. The trustees to retire in every year shall be those who have been longest in office. A retiring trustee shall be eligible for re-election. There is a formal procedure for the induction of members of the Board of Trustees. All trustees give their time voluntarily. The Board of Trustees meet every two months and have responsibility for the strategic oversight of the Charity. The Board of Trustees is supported by two sub-committees - Finance and Risk and Marketing and Fundraising - which both meet at least quarterly. The Board of Trustees delegate the day-to-day management of the charity to the Charity Manager. Aims, Objectives and Activities Our charitable objects are restricted to the following: a) To improve the wellbeing of people with mental health conditions in Kent and the surrounding areas. b) To provide training and education on, and to disseminate information relating to, mental health matters. 2
TUNBRIDGE WELLS MENTAL HEALTH RESOURCE LIMITED REPORT OF THE BOARD OF TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 Our Vision We believe in improved wellbeing for everyone. Our Mission We provide safe spaces and person-centred mental health support in our community to help people improve their wellbeing Our strategic aim Our overall aim is to improve people's mental wellbeing. Our strategic objectives In order to improve people's mental wellbeing, we will a) enable people to be supported and valued; b) provide opportunities for social connections; C) raise awareness of mental health in the community; and d) ensure people with mental health issues benefit from a well-run, sustainable organisation. Our aims and objectives fully reflect the purposes for which the charity was set up and the Theory of Change methodology has ensured that all our activities contribute to our aims and objectives. The charity undertakes the following activities to achieve its aims and objectives: a) Community Support which comprises: i. The Hub: our friendly wellbeing centre providing wellbeing activities and a safe space to talk; and our out-of-hours support ii. Reachout: confidential, self-help support groups focusing on wellbeing and recovery iii. Reachout Youth: helping young people share stories, develop coping strategies and make new friends b) Assert: a specialist independent mental health advocacy service provided to those detained under the Mental Health Act and community advocacy c) Mental Health Training: raising awareness of mental health with local organisations The Board of Trustees have referred to the guidance contained in the Charity Commission's general guidance on public benefit in the review of our aim and objectives and in planning all activities. Further details on our activities and how they benefit the public are detailed in the following section. Achievements and Performance The Board of Trustees are very thankful to all the staff and volunteers for their hard work and dedication over the last year. The Charity continued its work of seeking to improve the mental wellbeing of local people. In 2024/25 we provided help and support for over 1,000 clients, many of whom have complex and enduring 3 •
TUNBRIDGE WELLS MENTAL HEALTH RESOURCE LIMITED REPORT OF THE BOARD OF TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 mental health conditions, including anxiety, depression, bi-polar, obsessive-compulsive disorder, borderline personality disorder, post-traumatic stress disorder and schizophrenia. We are one of the few organisations in West Kent providing both long-term and short-term practical mental health support. During the year, the Board of Trustees approved the creation of two new posts to help implement our new organisational strategy. A mental health trainer has helped to raise awareness about mental health in our community, with individuals who may not be accessing support and with organisations. Our volunteer coordinator developed a volunteer framework for the charity and recruited 12 new volunteers who regularly supported our service delivery, fundraising and marketing activity. An additional 35 other volunteers were recruited to one-off tasks and pieces of work. In total, volunteers gave 400 hours to support the work of Mental Health Resource. We are grateful to all trustees who have served the charity over the year. And we are delighted to have welcomed new trustees to the Board, who have brought with them considerable skills, expertise and experience. Funding and fundraising The charity continues to work closely with its strategic partners - The Advocacy People, EK360 and Shaw Trust - for whom we are sub-contractors on Kent County Council and NHS Kent and Medway funded activities. We are very grateful to receive funding from charitable trusts and foundations towards the work of our charity, including • Chapman Charitable Trust • Colyer Fergusson Charitable Trust • Garfield Weston Foundation • Kent Community Foundation • Philip and Connie Phillips Foundation • St James's Place Charitable Foundation • The Kenora Charitable Foundation • The National Lottery Community Fund In addition, we are incredibly thankful for the support we received from many local organisations and from members of the local community who have donated money, their time, skills, or have undertaken various activities to raise funds for us. Thank you too to all those individuals and organisations who have donated raffle prizes over the year. Through support from the community this year, we have been able to raise £50,637 in donations. Thank you to everyone who supported our charity with a donation or grant. Project Activity Our activity is delivered across three core areas: a) Community Support b) Advocacy c) Mental Health Training 4
TUNBRIDGE WELLS MENTAL HEALTH RESOURCE LIMITED REPORT OF THE BOARD OF TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 Together, these programmes continue to provide essential, person-centred support to people experiencing mental health challenges across West Kent and surrounding areas. Below is a detailed summary of our achievements and impact across each area. a) Community Support In 2024/25, our community support services assisted 258 individuals and delivered 828 support sessions. Many of those who come to us live with complex or long-term mental health conditions and require sustained emotional and practical support. Our projects therefore offer non-time-limited, safe and nurturing spaces where people can participate for as long as they need. Case study John* came to us 18 months ago seeking support with severe anxiety, confidence building, and social isolation: He attended our peer support groups as well as our mental health awareness training. John shared that he now feels able to leave his home more frequently, understands his mental health better, and has begun to rebuild his resilience "step by step." His anxiety symptoms have reduced, and he reports feeling more confident and better equipped with coping strategies. * not his real name Details of our community support projects are below. The Hub The HUS Mental Health Resource "I owe you everything because your kindness helped me see another day. I didn't want to carry on but you helped me see beyond the pain." The Hub provides a wide range of support interventions for adults aged 18+, helping people manage their mental health, build confidence, and work toward personal goals in a supportive community environment. The service is open-ended, allowing clients to participate for as long as they wish. Clients present with a broad range of mental health challenges including anxiety, depression, bipolar disorder, personality disorders, and self-harm. Many also face additional barriers such as addiction, limited mobility, learning difficulties, financial hardship and significant isolation. Most activities take place in our Tunbridge Wells centre, with additional sessions hosted in community venues. We also continue to offer ad-hoc one-to-one support when needed. 5
TUNBRIDGE WELLS MENTAL HEALTH RESOURCE LIMITED REPORT OF THE BOARD OF TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 Weekly Groups Delivered Creative Groups • Creative writing Creative art Community-based art groups Needlecraft Craft group Nature Groups • Community Allotment (April-November): a calm space to connect with nature, develop skills, and build relationships • Weekly walking group, expanded with volunteer support to accommodate more participants Talking & Social Groups • Women's, men's and mixed talking groups • Drop-in sessions, including an evening drop-in • Community meals, providing connection and nutritious home-cooked food We also delivered a series of one-off events, including Christmas lunches and a music session run by a local professional musician. Based on client feedback, we launched a new Walking and Photography Group, combining skill- building with mindful engagement with nature. We also reinstated the evening drop-in session following requests from clients. As one participant shared: "The soup evening drop-in was a life saver for me when I needed it most. I'm forever grateful to the Hub for being my support network." The Allotment project received external recognition, winning: • Gold - Best Wildlife Garden • Silver Gilt - Best Allotment These awards reflect the dedication of clients, volunteers and staff. Impact & Reach in 2024/25 The Hub supported 180 people and handled an additional 330 support-related phone calls. Evaluation results showed: • 83% feel more supported • 81% feel more valued • 71% feel more connected to others • 67% feel better able to manage their mental health • 64% feel more confident • 60% feel better in themselves We continue to work closely with local partner organisations including GP social prescribers, Porchlight, Citizen's Advice, Nourish, social care teams, housing providers, Look Ahead, Jobcentre Plus and community mental health services. This ensures clients can be signposted and referred for additional support when needed. 6
TUNBRIDGE WELLS MENTAL HEALTH RESOURCE LIMITED REPORT OF THE BOARD OF TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 The Hub is predominantly funded by the National Lottery Reaching Communities Fund (until January 2026) and the Shaw Trust's Live Well Kent programme, through which we deliver short courses in creative arts, creative writing, the natural environment and peer support groups. Reachout Adults "I enjoy coming to Reachout as it is a relaxed environment and keeps me connected to other people. It makes me leave the house, which I might not do otherwise." Reachout Mental Health Resource Reachout Adults provides confidential peer support groups for adults across Edenbridge, Paddock Wood and Southborough. These locations were chosen specifically to support people who may be isolated or unable to travel due to anxiety or mobility issues. Groups offer a safe, non-judgmental space to focus on wellbeing, develop coping strategies, build social connections; and reduce loneliness. Clients are supported to take responsibility for their own health and wellbeing and to manage their own long term mental health conditions. In addition, the peer-relationships formed during sessions help relationships to develop outside of the group setting and so encourages peer-support in the community. Each session includes: • A supportive "check-in" • A wellbeing activity (such as craft, discussion, mindfulness, music, exercise or quizzes; some led by visiting facilitators) • Time for informal conversation and relationship building Many participants live with anxiety, depression, panic disorders, personality disorders, bipolar disorder or OCD. Some are autistic or have learning differences, and many have long-term physical health challenges. In 2024/25 activities included creative sessions, mindful colouring, zentangles, origami, quizzes, smoothie making, anxiety workshops, and mindful walking. A highlight was a summer boat trip on the River Medway, followed by lunch, which was a significant confidence-building achievement for many. In addition, visiting facilitators delivered chair-based exercise, singing, gentle yoga and breathwork sessions. Although Reachout Adults does not provide structured one-to-one support, clients receive signposting adne actical help when needed, including crisis support, wellbeing support and support with making 7
TUNBRIDGE WELLS MENTAL HEALTH RESOURCE LIMITED REPORT OF THE BOARD OF TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 Impact & Reach in 2024/25 43 people attended • 70 sessions delivered Evaluation results showed: 100% feel more supported . • 85% feel more valued 85% feel more connected 85% report increased self-esteem • 81% feel better in themselves 100% satisfied with the support received Referrals were made via our website or directly to the staff team, and can be self-referrals or referrals from family, friends and professionals. Reachout Family Launched in May 2024, Reachout Family offers monthly peer support for family members and carers supporting a loved one with mental ill- "It's been lovely to meet other parents in similar positions, so I don't feel so alone". It aims to provide support, self-care and coping strategies for family members to help them feel empowered and better able to provide the support their loved one needs. Sessions include a structured check-in, discussions on key topics (such as boundaries, self-care or the emotional impact of caring), and space for shared peer support. Common issues faced by loved ones include depression, anxiety, personality disorders, psychosis and neurodivergence. Many carers also experience their own mental health challenges, including stress, worry, anxiety and depression. Impact & Reach in 2024/25 • 9 clients took part 11 sessions delivered Discussion topics included: sharing experiences, the impact of caring, stigma, expectations, grounding techniques and personal boundaries. Reachout Family also partnered with our Mental Health Trainer to deliver sessions on understanding mental health, having supportive conversations, self-care, self-harm and suicide. Evaluation results showed: • 100% feel more supported and valued • 100% feel less stressed 100% feel more connected to others • 75% have improved understanding of how to support their loved one 8
TUNBRIDGE WELLS MENTAL HEALTH RESOURCE LIMITED REPORT OF THE BOARD OF TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 75% feel better able to manage their own mental health 100% satisfied with the support received Peer support in the groups has been particularly powerful, with participants recognising shared experiences and gaining strength and insight from each other. Referrals to Reachout Family were made via our website or directly to the staff team, and can be self- referrals or referrals from family, friends and professionals. Mental Health Service Feedback As a partner within EK360's Mental Health Service User Voice contract, Mental Health Resource gathers anonymous feedback from anyone with experience of the mental health system in West Kent, including individuals, carers, young people, friends and professionals. The feedback informs service improvement, funding decisions and strategic planning, ensuring that lived experience directly shapes the system. Impact & Reach in 2024/25 • 181 people's views captured • 21 organisations contacted Key themes included: • Long waiting times • Poor communication between services • Unexpected discharges • Inadequate or inappropriate support • Concerns about time-limited groups • Positive experiences with GPs and community social groups We continue to play an active role in Engagement Provider meetings and the Local Mental Health Network (West Kent). Reachout Youth '''I look forward to these sessions all week and they make my day" Reachout Youth Mental Health Resource Reachout Youth is a wellbeing group for 13-19-year-olds who are experiencing emotional or mental health difficulties. The groups offer young people an informal and confidential space to share stories, reduce stigma, develop coping strategies and make friends. They provide opportunities to meet other young people who've had similar experiences, to share things they may not usually share with others, and to take part in a fun activity. Many of the young people who attend Reachout Youth have reported 9
TUNBRIDGE WELLS MENTAL HEALTH RESOURCE LIMITED REPORT OF THE BOARD OF TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 they feel lonely, misunderstood and struggle to feel accepted at school. Reachout Youth provide a safe space for them to be themselves and to build friendships. Groups operate in community settings and schools/colleges: • After School Group (Tunbridge Wells) • Nurture Group (Tonbridge Grammar School) • Wellbeing Group (North Kent College, Tonbridge) Sessions include conversations about wellbeing, activities, games, creative projects and practical strategies for managing stress, anxiety, low mood and other challenges. In 2024/25, topics covered included healthy eating for wellbeing, stress management, anxiety toolkits and confidence building. Activities ranged from rock painting and positive affirmation bracelets to cooking and community outings. During school holidays, the after-school group went on a number of activities, including coffee shop trips, the pantomime at Trinity Theatre and bowling. Staff also provided additional 1-1 support where needed. The issues that the groups can help with are varied and include anxiety, low mood, stress, family relationships, friendships, bereavement, loneliness, isolation, and other long-term chronic mental health conditions. In addition, young people can often face a number of challenges in their life, such as relationship issues and neurodevelopmental disorders. Reachout Youth provide a space where young people can explore how they are feeling and realise they are not alone. Impact & Reach in 2024/25 • 900 young people reached through assemblies, PSHE sessions, events and awareness activities • 27 young people actively supported through groups • 80 sessions delivered Evaluation results showed: 100% feel better in themselves 100% feel more supported 100% feel better able to manage their mental health 66% feel less stressed School feedback echoed this, noting improvements in students' wellbeing, stress levels and sense of connection. Young people are able to attend Reachout Youth until the age of 19, providing vital continuity and support as a young person makes the often difficult transition from Children's to Adult Mental Health Services. 10
TUNBRIDGE WELLS MENTAL HEALTH RESOURCE LIMITED REPORT OF THE BOARD OF TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 b) Advocacy Assert Assert Mental Health Resource "Thank you for always taking time to listen to me, and helping me to express myself in meetings that I have often felt overlooked in without your support." Assert provides Independent Mental Health Advocacy (IMHA) for people detained under the Mental Health Act (in acute, rehabilitation and forensic wards), as well as community advocacy for adults in Kent with diagnosed mental health conditions. The service covers a wide area including Tonbridge & Malling, Sevenoaks, Tunbridge Wells, Maidstone, Dartford, Gravesham, Swanley and Gravesend. Our Advocates ensure people understand their rights, participate fully in decisions about their care and treatment, and are supported to express their wishes and explore options. Advocacy is always instructed by the client and is focused on specific issues. Common issues include: • access to leave • communication with clinical teams • rights around treatment and aftercare • housing and community support • preparing for meetings Impact & Reach in 2024/25 • 819 clients supported • 1,440 issues dealt with • 6,485 hours of advocacy delivered Evaluation results showed: • 100% said advocacy helped them have their say in decisions • 98% said it helped them express what they needed or wanted to achieve • 96% felt supported 96% felt empowered to speak up for themselves 92% said advocacy helped them prepare for meetings Additional feedback: • 100% were satisfied with the support • 98% found the service accessible 83% gained information about their legal rights Referrals are made via The Advocacy People, the contract lead, and can come from professionals, carers or clients themselves. 11
TUNBRIDGE WELLS MENTAL HEALTH RESOURCE LIMITED REPORT OF THE BOARD OF TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 c) Mental Health Training "The discussions we had were all very open and helped understanding and knowledge. "I found the course very informative and was fun to do." Our training programmes aim to reduce stigma, increase understanding and provide people with the tools they need to support their own wellbeing and that of others. We deliver training to: a) Local corporates and organisations b) Community groups who may be at increased risk of mental ill-health or those who are not yet accessing formal support Corporate Training In 2024/25 we developed new Lunch & Learn sessions and delivered six sessions to 109 participants, as well as a Mental Health First Aid course attended by seven people. Feedback included: • 100% felt encouraged to prioritise self-care • 100% found participation and interaction encouraged 100% felt engaged and included All agreed topics were relevant and materials helpful Community Courses We delivered two targeted courses for men and family members/carers, attended by 10 people. All participants reported: • increased knowledge and understanding • better ability to manage their mental health improved wellbeing increased confidence supporting others greater awareness of where to seek help feeling more supported We expanded community courses in 2025 to include older adults, and more courses for carers and We also delivered talks at community events, schools, organisations and corporate partners as part of their Charity of the Year programmes. 12
TUNBRIDGE WELLS MENTAL HEALTH RESOURCE LIMITED REPORT OF THE BOARD OF TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 Treasurer's report The Charity's total income decreased by £7,397 to £475,779 (2023/24: £483,176). Income from grants and donations increased by £2,013 to £236,719 (2023/24: £234, 706). This was offset by a £10,061 drop in income from charitable activities, which decreased to £226,926 (2023/24: £236,987). This reduction has placed additional pressure on the Charity's capacity to meet its ongoing overhead commitments. Interest income remained positive at £12,134 (2023/24: £11,483); however, this level of return is not expected to continue in the next financial period Costs have increased during the year, with total expenditure increasing by £93,602 to £550,332 (2023/24: £456,730). Some of this increase was planned and due to the recruitment of a couple of new fixed-term roles to deliver our strategy. The wider economic downturn has reduced donor capacity, resulting in less donations to cover core costs, while increased competition from larger charities for limited grant and funding has constrained the Charity's ability to secure sustainable financial support. Consequently, the Charity recorded a deficit of £74,553. Income by Activity (Ek) Expenditure by Activity (Ek) £227 £237 £12 £482 • Grants and donations • Investments • Charitable activities • Raising funds • Charitable activities Total reserves at the year-end were £457,719 (2023/24: £532,272), comprising general funds of £256,763 (2023/24: £208,726) and restricted funds of £34,601 (2023/24: £49,431). The remaining unrestricted reserves are designated funds that amount to £166,355 (2023/24: £274,115). This comprises capital reserves of £166,355 (2023/24: £168,140), representing the net book value of the freehold property. The increase in operating cash outflows has resulted in a reduction in cash at bank, which stood at £304,073 at year end (2023/24: £374,471). The Charity continued to receive support from a wide range of generous individuals and organisations, together with income from strategic partners and grant-making charitable trusts. This support has been integral to the delivery of the Charity's objectives. However, the Charity has faced increasing challenges in securing the level of income required to sustain its services. 13
TUNBRIDGE WELLS MENTAL HEALTH RESOURCE LIMITED REPORT OF THE BOARD OF TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 Plans for the Future The charity developed an organisational strategy for 2024-2027 which prioritised: • increasing the numbers of people we support through our existing projects, services and activities; • reaching other groups of people who may not be accessing mental health support; and • increasing the accessibility to our services and delivering high quality services. We had started to make great strides towards achieving these aims, recruiting volunteers to help support more people through our various groups; delivering mental health training to groups of people in our community; and streamlining our referral process to make it easier for people to access support. The strategy recognised that the need for our mental health support services was just as great, if not greater, than when the charity was first established. Since 1993, Mental Health Resource has been dedicated to supporting people with their mental and emotional wellbeing. We have proudly delivered services in Tunbridge Wells and throughout West Kent and created safe spaces for people and provided person-centred support for as long as people wanted or needed it. The Charity has only been able to deliver its services through funding from local authority contracts, charitable trusts and foundations and through the generosity of local organisations and individuals. In the last year, however, it has become increasingly difficult to secure the funding necessary to sustain the Charity's services and its core operating costs. Rising costs, alongside the reduction in funding. means the Charity does not have sufficient funding to continue its work. The Board considered the option of one-off fundraising appeals and the selling of the property and concluded that this would only enable Mental Health Resource to sustain operations for a few more months, and would not be sufficient for the ongoing sustainability of the Charity. Despite exploring all other options available, including reduced operations and mergers with other organisations, the Board of Trustees have not been able to find a viable way forward. With deep sadness, the difficult decision was made to close the charity and to stop delivering services at the end of January 2026. The Trustees understand how much people rely on our services and how difficult this news will be. The staff team will support our clients through this transition and do all they can to help them to access other sources of support available locally. The Board of Trustees and all the staff team are immensely proud of all that has been achieved over the past 30 years and how Mental Health Resource has helped to improve the mental wellbeing of thousands of people through the provision of wellbeing groups, activities, peer support groups, information and 1-1 support. The Trustees heartfelt thanks go to our incredible team, whose dedication and compassion have been the heart of Mental Health Resource. All at Mental Health Resource are also deeply grateful to our funders, partners, volunteers, fundraisers, corporate partners and everyone in our community who has supported the charity throughout its journey. 14
TUNBRIDGE WELLS MENTAL HEALTH RESOURCE LIMITED REPORT OF THE BOARD OF TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 As the Board of Trustees prepares to close the charity, they are planning and making decisions to ensure the charity does not become insolvent. This means that some funds will remain available at the end, which Mental Health Resource will gift to other charities, in accordance with the charity's Memorandum and Articles of Association. Specifically, the charity owns the property at '2a Grosvenor Park, which will be gifted to another local charity, Crossways Community. Crossways Community has similar aims and objectives to Mental Health Resource and will explore how they can use the building to deliver mental health support to people in the Tunbridge Wells area. Even though there is great sadness about having to wind down the Charity, we are pleased that the legacy of Mental Health Resource will continue through Crossways Community. Reserves policy • The charity has been committed to ensuring that clients with mental health conditions can access long- term support, as appropriate, to enable them to live well and independently. The charity's reserves in the past have been of sufficient scale to minimise the risk of short-term disruption to services brought about by short-term financial pressures. However, given the challenging financial circumstances forcing the closure of Mental Health Resource, the charity's reserves have been used to enable an orderly wind-down of the charity and to facilitate the smooth transfer of activity. Investment policy The Charity's investment objective seeks to produce the best financial return within an acceptable level of risk while recognising that capital preservation is of paramount importance. The investment policy therefore requires the Charity to hold all of its assets in cash sterling, deposited with institutions with a minimum rating of BB-, and within the levels stipulated by the Financial Services Compensation Scheme guarantee. Risk Management The Board of Trustees conducted a review of the major risks to which the Charity is exposed. A Risk Management document identifying all major risks was prepared and agreed by the Board. The Trustees always identified one of the key risks to the Charity as being the inability to secure sufficient funding for our services and activities, or the withdrawal or termination of our key funding. A fundraising strategy was developed and approved, which sought to diversify income streams and build on the previous successes. Sadly, the charity was unable to achieve the targets set and was unable to secure the funding necessary to sustain its services from contracts, charitable trusts and foundations or from community fundraising. 15
TUNBRIDGE WELLS MENTAL HEALTH RESOURCE LIMITED REPORT OF THE BOARD OF TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 Going Concern The Trustees reviewed the Charity's financial position and assessed its ability to continue as a going concern, taking into account current and projected income, expenditure commitments, available reserves, and wider operating conditions. The 2025/2026 budget forecasted an operating deficit of £131k. This deficit was driven primarily by the loss of key funding and increased operating costs. During the year, key income targets were not achieved, which further increased the deficit, meaning that the Charity was no longer able to generate the resources required to sustain its activities on a financially viable basis. The Board of Trustees and senior management have explored all reasonable alternatives, including: 1. Cost reductions - The Charity has been able to make some savings on non-essential spend, but costs are largely fixed. 2. Restructuring and collaborations - The Charity explored potential mergers, but other charities facing similar financial pressures were unable to assume our liabilities. Options to reduce staffing were also reviewed; however, such reductions would materially impact service delivery and ultimately, our clients. 3. Liquidating assets - We considered the potential of removing the planning condition and selling our property; however, this would not be completed within the time frame available and would only generate a one-off injection of funding. 4. Additional funding - The Charity has exhausted all options to increase income through a variety of grant applications, contracts, fundraising, partnerships and trading income. A public appeal was also considered but again, this would only generate a one-off injection of funding and would not be sufficient to sustain the operations of the Charity. As no feasible option has been identified that would enable the Charity to continue, the Trustees have concluded that the Charity is no longer a going concern. These financial statements have therefore been prepared on a basis other than going concern. Appropriate steps have been taken to begin winding down the charity, paying staff and suppliers and ensuring that all remaining obligations are met in accordance with legal and regulatory requirements. Trustees' responsibilities statement The Trustees (who are also directors of Tunbridge Wells Mental Health Resource Limited for the purposes of company law) are responsible for preparing the 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 the Trustees to prepare financial statements for each financial year. Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. 16
TUNBRIDGE WELLS MENTAL HEALTH RESOURCE LIMITED REPORT OF THE BOARD OF TRUSTEES •FOR THE YEAR ENDED 31 MARCH 2025 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 judgments and accounting estimates that are reasonable and prudent; prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The Trustees are responsible for the maintenance and integrity of the corporate and financial information included on the charitable company's website. In preparing this report, the Trustees have taken advantage of the small companies' exemptions provided by section 415A of the Companies Act 2006. This report was approved by the Trustees on 17 December 2025 and signed on their behalf by: Delso D Kelso Chair of Board of Trustees 17
INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEES OF TUNBRIDGE WELLS MENTAL HEALTH RESOURCE LIMITED FOR THE YEAR ENDED 31 MARCH 2025 I report to the Board of Trustees on my examination of the accounts of Tunbridge Wells Mental Health Resource Limited ("the charity") for the year ended 31 March 2025. Responsibilities and Basis of Report As the Trustees of the charity (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. Having satisfied myself that the accounts of the charity are not required to be audited under Part 16 of the Companies Act 2006 and are eligible for independent examination, I report in respect of my examination of the charity's accounts carried out under section 145 of the Charities Act 2011. In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the Charities Act 2011. Independent Examiner's Statement Since the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies. I have completed my examination. I can confirm that no matters have come to my attention in connection with the examination giving me cause to believe: 1. accounting records were not kept in respect of the company as required by section 386 of the Companies Act 2006; 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 Companies Act 2006 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 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). In carrying out my examination it has been identified that the charity is no longer a going concern and the financial statements have been prepared by use of a basis other than going concern, as set out in Note 1. 18
INDEPENDENT EXAMINER'S REPORT TO THE BOARD OF TRUSTEES OF TUNBRIDGE WELLS MENTAL HEALTH RESOURCE LIMITED FOR THE YEAR ENDED 31 MARCH 2025 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. Lindeyer francisterpion Lo ames Mathieson FC/ Lindeyer Francis Ferguson Limited North House 198 High Street Tonbridge Kent TN9 1BE Date: ..... 19/12/25 19
TUNBRIDGE WELLS MENTAL HEALTH RESOURCE LIMITED STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2025 Income from: Grants and donations Charitable activities Investments Total income Expenditure on: Raising funds Charitable activities Total expenditure Net (expenditure)/income Transfers between funds Net movement in funds Reconciliation of funds: Total funds brought forward Total funds carried forward Note 2 Unrestricted Designated funds funds 2025 2025 € € 79,646 205,300 12,134 297,080 - Restricted funds 2025 € 157,073 21,626 - 178,699 Total funds 2025 236,719 226,926 12,134 475,779 4 5 8 13 68,001 287,017 355,018 (57,938) 105,975 48,037 208,726 256,763 1,785 1,785 (1,785) (105,975) (107,760) 274,115 166,355 193,529 193,529 (14,830) - (14,830) 49,431 34,601 68,001 482,331 550,332 (74,553) - (74,553) 532,272 457,719 20 Total funds 2024 € 234,706 236,987 11,483 483,176 51,258 405,472 456,730 26,446 - 26,446 505,826 532,272
--. TUNBRIDGE WELLS MENTAL HEALTH RESOURCE LIMITED BALANCE SHEET AS AT 31 MARCH 2025 € 2025 € € Fixed assets Tangible assets Current assets Tangible assets Debtors Cash at bank and in hand Note 10 10 11 2024 176,215 - 170,515 41,763 304,073 516,351 (58,632) 32,564 374,471 407,035 (50,978) Creditors: amounts falling due within one year Net current assets 12 457,719 356,057 Total net assets Represented by the funds of the charity: Unrestricted funds Designated funds Restricted funds 457,719 532,272 13 256,763 166,355 34,601 457,719 208,726 274,115 49,431 532,272 The charity's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The trustees consider that the charity is entitled to exemption from the requirement to have an audit under the provisions of section 477 of the Companies Act 2006 ("the Act") and members have not required the charity to obtain an audit for the year in question in accordance with section 476 of the Act. The trustees acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The financial statements were approved and authorised for issue by the trustees on 17 December 2025 and signed on their behalf by: Delso D Kelso Trustee R North Trustee Company number: 02826452 21
TUNBRIDGE WELLS MENTAL HEALTH RESOURCE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 1 Accounting policies Basis of preparation of the financial statements The financial statements have been prepared in accordance with 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 (FR 102) (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standar applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. Tunbridge Wells Mental Health Resource Limited meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy. The financial statements are prepared in pounds sterling, which is the functional currency of the charity, and rounded to the nearest £1. The charity is expected to cease trading on 31 January 2026, and therefore the financial statements have been prepared on a basis other than that of the going concern. This is primarily due to a loss of key funding and increased operating costs, and the trustees have exhausted all funding options to increase income through other methods. As a result, the financial statements have been prepared on the break-up basis, and they include adjustments necessary to reflect that preparation. This includes, where applicable, writing the charity's assets down to net realisable value and treating all fixed assets as current assets. No provision has been made for the future costs of terminating the charity as these were not committed to as at the reporting date, and there are no contracts which became onerous at that date. The charity plans to gift the property to another charity with a similar objects, any unspent restricted funds at the date of closure will be returned to the donors, and all contracts are in the process of being terminated. Any funds available after meeting the closure costs will be donated to other charities with similar objects. Status The charity is a private company limited by guarantee registered in England and Wales. In the event of the charity being wound up, the liability in respect of the guarantee is limited to f10 per member of the charity. The address of the registered office is 2a Grosvenor Park, Tunbridge Wells, Kent, TN1 2BD. 22
TUNBRIDGE WELLS MENTAL HEALTH RESOURCE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 1 Accounting policies continued Income from grants and donations is recognised when the charity is entited to the rund, the receipt is probable and the amount can be measured reliably. For donations, this is usually on receipt. For grants, this is usually when a formal offer is made in writing, unless the grant contains terms and conditions outside of the charity's control which must be met before the charity is entitled to the funds. Where grants are received in response to a proposal including a budgeted timescale, such that the timescale for the expenditure is implicit in the grant agreement, the income is recognised in accordance with that timescale. Income from charitable activities is recognised over the period to which the income relates. For • contracts, income is recognised to the extent that the contractual services have been supplied. For performance-related grants, income is recognised to the extent that performance-related criteria have been met. Gifts in kind are included in the financial statements when the charity is entitled to them, when it is probable that the charity will receive the economic benefits, and when the fair value or value to the charity, as appropriate, can be measured with sufficient reliability. Expenditure Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, 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 classified by activity. Direct costs, including direct staff costs are attributed to the relevant activity. Support costs, including support staff costs, are allocated to activities on the basis of the use of premises and income. Support costs are those functions that assist the work of the charity but do not directly relate to the charitable activities, and include governance costs. All expenditure is inclusive of irrecoverable VAT. 23
TUNBRIDGE WELLS MENTAL HEALTH RESOURCE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 1 Accounting policies continued Fund accounting General funds are unrestricted funds which are available for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not been designated for other purposes. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements. Restricted funds can only be used for the 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. Tangible fixed assets and depreciation Tangible fixed assets are carried at cost, net of depreciation and any provision for impairment. Assets costing less than £500 are not capitalised. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives on the following bases: Freehold land Freehold property / improvements Fixtures and fittings Computer equipment Not depreciated 1% on cost 10% or 20% on cost 33.3% on cost Leased assets Operating lease rentals are charged to the statement of financial activities as incurred. Pensions The charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the charity to the fund in respect of the year. Financial instruments The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are Initially recognised at transaction value and subsequently measured at their settlement value. 24
TUNBRIDGE WELLS MENTAL HEALTH RESOURCE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2 Income from grants and donations Donations The Chapman Trust The Cole Charitable Trust Colyer Ferguson Charitable Trust Co-Op Local Community Fund Garfield Weston Foundation The Kenora Charitable Foundation Live Well Kent and Medway Innovation Fund Kent Community Foundation Kent County Council The National Lottery Community Fund, RC London and South East Region The National Lottery Community Fund, Awards for All Nineveh Charitable Trust Philip & Connie Phillips Foundation The Smith and Mount Trust South East Water Community Fund St James' Place 3 • In the preceding period, restricted income from grants and donations was £156,626. Income from charitable activities 2025 50,637 2,000 500 10,000 20,000 2,726 4,500 118,756 20,000 5,000 : 2,500 236,719 2025 Community support Advocacy Training 39,409 186,967 550 226,926 In the preceding period, restricted income from charitable activities was £24,834. 25 2024 € 65,232 1,000 5,000 10,000 20,000 7,136 115,338 1,000 5,000 5,000 234,706 2024 46,939 190,048 236,987
TUNBRIDGE WELLS MENTAL HEALTH RESOURCE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 4 Expenditure on raising funds 5 6 2025 Staff costs Fundraising consultancy Cost of fundraising events Support costs See Note 9 See Note 7 37,051 1,900 711 28,339 68,001 In the preceding period, expenditure on raising funds from restricted funds was £Nil. Expenditure on charitable activities Direct costs 2025 Support costs 2025 Total 2025 Community support Advocacy Training 130,310 181,381 13,375 - 325,066 See Note 6 84,122 66,633 6,510 157,265 See Note 7 214,432 248,014 19,885 482,331 In the preceding period, expenditure on charitable activities from restricted funds was £170,480. Direct costs 2025 € Staff costs Recruitment and training Activity costs IT costs Travel and volunteer expenses Premises costs Office costs See Note 9 292,915 3,355 3,575 519 7,388 9,881 7,433 325,066 2024 32,144 300 965 17,849 51,258 Total 2024 184,397 221,075 405,472 2024 € 248,270 2,180 4,100 122 7,793 9,233 7,094 278,792 26
TUNBRIDGE WELLS MENTAL HEALTH RESOURCE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 7 Support costs Staff costs Recruitment and training IT costs Travel and volunteer expenses Premises costs Insurance Office costs Depreciation Governance costs: Independent examination Other fees payable to examiners Legal and professional fees See Note 9 2025 € 117,473 4,648 13,788 589 20,055 2,845 12,218 6,560 3,120 1,162 3,146 185,604 8 Net income This is stated after charging: Depreciation Independent examination 2025 € 6,560 3,120 2024 € 94,354 3,352 12,026 321 17,735 1,939 2,718 7,516 3,200 1,368 144,529 2024 € 7,516 3,200
TUNBRIDGE WELLS MENTAL HEALTH RESOURCE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 9 Staff costs Wages and salaries Social security costs Pension costs 2025 € 405,631 28,770 13,038 447,439 The average number of persons employed by the charity was: Community support Advocacy Training Administration and fundraising 2025 No. 6 5 1 6 18 Full-time equivalent staff was an average of 13 (2024: 11). No employee received remuneration amounting to more than £60,000 in either year. 28 2024 339,755 23,785 11,228 374,768 2024 No. 9 6 5 20
TUNBRIDGE WELLS MENTAL HEALTH RESOURCE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 10 Tangible fixed assets -- 11 Cost Brought forward Additions Carried forward Depreciation Brought forward Charge for the year Carried forward Net book value At 31 March 2025 At 31 March 2024 Debtors Freehold property € 205,520 205,520 37,380 1,785 39,165 - . 166,355 168,140 Trade debtors Prepayments and accrued income 29 ..-- Fixtures, fittings & equipment € 69,170 860 70,030 Total € 274,690 860 275,550 61,095 4,775 65,870 98,475 6,560 105,035 4,160 8,075 170,515 176,215 2025 2024 23263 6,555 26,009 12263 32.569
TUNBRIDGE WELLS MENTAL HEALTH RESOURCE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 12 Creditors: amounts falling due within one year Trade creditors Other tax and social security Accruals and deferred income The movement on deferred income is as follows: Balance at 1 April 2024 Released to income Received in the year and deferred Balance at 31 March 2025 2025 3,740 7,943 46,949 58,632 2025 39,515 (39,515) 39,936 39,936 2024 3,721 47,257 50,978 2024 € 38,232 (38,232) 39,515 39,515 • Deferred income relates to grant income for which expenditure in future periods has been specified as part of the funding period. 30
TUNBRIDGE WELLS MENTAL HEALTH RESOURCE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 13 Statement of movements on funds - current year 1 April 2024 Income Expenditure Transfers 31 March 2025 € General fund Designated funds: Planned maintenance Capital reserve Future developments Contingent liability Total unrestricted funds 208,726 297,080 (355,018) 4,100 168,140 90,000 11,875 482,841 297,080 (1,785) : (356,803) 105,975 (4,100) (90,000) (11,875) 256,763 166,355 423,118 Community support Advocacy Training Other 48,431 Total restricted funds 1,000 49,431 160,982 17,717 - 178,699 (182,829) (10,700) (193,529) 26,584 7,017 1,000 34,601 Total funds 532,272 475,779 (550,332) 457,719 The designated capital reserve fund represents the net book value of the freehold property. : The planned maintenance fund represents funds ringfenced for essential planned maintenance for the registered office where some of the charitable activities take place. The Trustees have decided to undesignate these funds and transfer them back to the general fund in 2024/25 to support the charity's core operations. The future developments fund was previously created to support the development of existing services, and the introduction of new services over the next few years. The funds were intended to support initial implementation and trials ahead of securing funding to assure their longer-term sustainability. The Trustees have decided to undesignate these funds and transfer them back to the general fund in 2024/25 to support the charity's core operations. The contingent liability fund represents the funds designated for the donation received of £11,875 in 2022/23 from a firm of solicitors in relation to money held which was unable to be returned to its legal owner. The charity has entered into a legal indemnity to return the funds should the legal owner come forward in future to claim them. Since the likelihood of repayment is considered possible but not probable at the balance sheet date, the amount was recognised in income. These funds have been undesignated to support the charity's core operations. 31
TUNBRIDGE WELLS MENTAL HEALTH RESOURCE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 13 14 Statement of movements on funds - current year continued The transfer from designated funds represents the release of £105,975 to the general fund to use in the charity's everyday operations. Retried turnds are the co ernie for at st win late by bound composed for the from various sources including: The National Lottery Community Fund (RC London& SE Region) - to support and develop Hub activities. The Kenora Charitable Foundation, The Smith and Mount Trust and Neville Golf Club -for the delivery of the Reachout Youth project. The Nineveh Charitable trust - for the walking group. Other restricted funds mainly comprise grants towards the Charity's Manager's employment costs. Statement of movements on funds - prior year • 1 April 2023 € Income Expenditure Transfers € € 31 March 2024 € General fund Designated funds: Planned maintenance Capital reserve Future developments Contingent liability Total unrestricted funds 216,475 4,100 • 169,925 65,000 11,875 467,375 301,716 (284,465) (25,000) . - (1,785) : 25,000 301,716 (286,250) 208,726 4,100 168,140 90,000 11,875 482,841 Community support Advocacy Other Total restricted funds 38,451 : 38,451 168,310 13,150 181,460 (158,330) (12,150) (170,480) 48,431 1,000 49,431 Total funds 505,826 483,176 (456,730) 532,272 32
TUNBRIDGE WELLS MENTAL HEALTH RESOURCE LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Analysis of net assets between funds Current year: Net current assets Unrestricted funds € 423,118 423,118 Restricted funds € 34,601 34,601 Total funds € 457,719 457,719 Prior year: Tangible fixed assets Net current assets 176,215 306,626 482,841 49,431 49,431 176,215 356,057 532,272 16 Related party transactions •The key management personnel are considered to be the Board of Trustees, the Charity Manager and the Finance Manager. The trustees received no remuneration nor benefits, and were not reimbursed for any expenses. The total employee benefits paid in respect of the key management personnel was £65,459 (2024: £62,835). 33