Reglstered number". 02956667 SWAFFHAM & DISTRICT MENTAL HEALTH ASSOCIATION LIMITED DIRECTORS. REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Afflnlty A8socbate8 (EA) Ltd
Swaffham & Distrlct Mental Health Association Llmlted Contents Paga Company Inforniatlon Dlrectors, Report Accountants, Report Income and Expendlture Account Balance Sheet NotÈs to the Flnandal Statements The followlng pages do not fom part of the statLrtory accounts: Detailed Income and ExpendItU Account
Swaffliam & Distrlct Mental Health Assoclatlon Umlted Company Informatlon For The Year Ended 31 March 2024 Dlr•ctoM Mrs Julle Grnpes Doctor Rlthard Musson Company Numbor 02956667 R•gl•ttted Offlc• Merle Boddy Center statlon Yard Swatham Norfolk PE37 7JE Accountants Afflnlty Assoclates {EA) Ltd Accountants and Statutory Audltors 24 Non¥lch Street Dereham Norfolk NR19 IBX Page I
Swaffham & District Mental Health Assoclatlon Llmited Company No. 02956667 Directors. Report For The Year Ended 31 March 2024 The directors present thelr report and the financlal Statements for the year ended 31 March 2024, Dlrectors The directors who held offlce during the year were as follows: Mr John Zlellnskl Resigned 0210512024 Mrs Julle Grapes Doctor Rlchard Musson St•tsm•nt ol Dlrectors. ReBponslbllltl•$ The directors are sponSIble for preparlng the Direciors. Report and the flnanclal statements in accordance wlth appllcable law and regulations. Company law requires the dlreLtors to prepare flnancial statements for each flnantial year. Under that law the dlrettors have elected to prepare the financial statements Ill accordance wlth United Kingdom Generally Accepted Accounting Practice Iufjlted Kln9dom Accountlng Standards and applicable lawl. Under company law the dlrectors must not approve the flnandal siatement5 unless they are 5at15fled that they glve a true and falr view of the State of affalr5 of the company and of the surplus or deficlt of the company for that perlod. In preparlng the flnanci•l st•tements the dlrett¢rs are requlred to: select suitable Jccountlng policies and then apply them conslstently. make Judgment5 and accountSng estlmate5 that are reasonable and prudent,. prepare the flnanclal statements on the golng concern ba515 unle55 It Is Inapproprlate to presume that the company wlll contlnue In busSness. The dlrectors are spOnSIble for keepln9 adequate aecountlng records that are sufflclenl to show and explaln the company'$ transactlons and disclose wlth reasonable accuracy at any tlme the financlal p051tlon ol the company and enable them to ensure that the financlal statements comply wlth the Companle5 Act 2006. They are also responsible for 5afe9uardln9 the assets of the company and hence for taklng reasonable steps for the preventlon Bnd detection of fraud and other Irregularltles. The dlrectors are responslble for the malntenance and Integrlty of the coTrorate and flnanclal Informatlon Included on the company's webslte. Le9lslatlon In the United Kingdom governlng the preparatlon and dlsseminatSon of financlal siatements Tnay dlffer from legislatlon In other Jurlsdictlons. Small Company Rules Thls report has been pPared In èccordance wlth the speclal provlslons relatlng to companies subject to the small companle5 reglme wlthin Part 15 of the Companles Art 2006. On behalf of the board Mrs Julle Grape Dlrector 6 January 2025 Pa9e 2
Swaffham PA Dlstrlct Mental Health Association Limlted Accountants. Report For The Year Ended 31 March 2024 Report to the directors on the preparatlon of the unaudlted statutory account$ ol Swaflham & Dl•trl¢t Mental Health Assoclatlon Llmlted for the year ended 31 March 2024 To asslst you to fulfil your duties under the Comparbies Act 2006. we have prepad for your approval the accounts of Swaffham & District Mental Health Assoclatlon Umlled which comprise the Inttme and Expendllure Account, the Balance Sheet and the related notes, from the company's accounting records and from infofmatlon and explanatlons you have given us. As a practlslng member flrm of the Assoclatlon of Chartered Certlfled Accountants, we a subject to Its ethlcal and other professlonal QuIrnent$ which are detailed at http:Ilwww.accaglobal.comlen/member/profe55ional-standardslrules- standardslacca-rulebook.html. Thls report Is rnade to the dlrectors of Swaffham & Dlstrltt Mentsl Health Association Limited, as a body, In accordan wlth the terms of our engagement letter dated Our work has been undertaken solely to prepare for your approval the accounts of Swafftiam & District Mental Health Assoclatlon Llmlted and state those matters that we have agreed to state to the dlrectors of Swaffliam & Dlstrlct Mental Health Assoclatlon Llmlted, as ¥ body In thls report In accordance wlth the Assoclatlon of Chartered Certlfled Accountants as detalled at http-l/www.accaglobal.comlcontenVdam/ACCA_GlobaVTechnltal/facVtechnlcal-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume respon51billty to anyone other than Swafftiam & Dlstrlct Mental Health As50datlon Llmited and its dlrectors as a body for our work or for thls report. It Is your duty to ensure that Swaffham & D15trSct Mental Health Assoclatlon Urnlted has kept adequate accountin9 records and to prepare statutory accounts that glve a true and fair vlew of the assets, Ilabllltles, flnancl81 posltlon and proflt or loss of Swaffham & Dislrfct Mental Health Association Llmited. You conslder that Swaffham & D15trlcl Mental Health Assoclatlon Umlted Is exempt from the statutory audlt requlrement for the year. We have not been Instructed to carry out an audlt or a revlew of the accounts of Swaffham & D15trlct Mental Health Association Llmlted. For th55 aSon, we have not verlfied the accuracy or completeness of the accountlng records or informatlon and explanatlons you have glven to us and we do not, therefore, express any oplnlon on the flnanclal Statements. Signed Afflnlty Assoclates (EA) Ltd 6 January 2025 Afflnlty Assoclates IEAI Lt Accountants and Statutcry Audltors 24 Non¥lch Street Dereham Norfolk NR19 IBX Page 3
Swaffham & Dlstrlct Mental Health Assoclatlon Limited Income arKI Expendlture Account For The Year Ended 31 March 2024 1024 2023 TURNOVER Cost of sales 126,608 (177,952) 124,724 (116,618) GROSS {DEFICIT)ISURPLUS (51,344) 8,106 other operdtlng Income 129,793 OPQRAnNG SURPLUS Interest payable ané slmllar charyes 78,449 (121 8,106 SURPLUS VOR THE FXNANCIAL YEAR 78,437 8,106 The notes on pjges 6 to 7 form part of these flnanclal statements. Page 4
Swaffham & District Mental Health Associatlon Llmlted Balance Sheet As At 31 March 2024 2024 2023 Notes FIXED ASSETS Tanglble Assets 22,069 23,376 22,069 23,376 CURRENT ASSETS Debtors Cash at bank and In hand 4,972 72,283 3,032 117,035 77,255 120,067 Cradltors: Amounts Falllng Du• WlthlTr On• Year 112,781) 15,644) IIQT CURRtf4T AS5tTS (LIABILITIES) 64,474 114,423 TOTAL ASSETS LESS CURRENT UA8iiIllES 86,543 137,799 PROVISIONS FOR UABILITIES Deferred Taxatlon {129,6931 NET ASSETS 86,543 8,106 Income and Expendlture kcount 86,543 8,106 MeMBERS' FUNDS 86,543 8,106 For the year endlng 31 March 2024 the company was entitled to exemptlon from audlt under sertlon 477 of the Companles Act 2006 relatlng to small companles. The members have not requlred the company to obtaln an audlt In accordance wlth sectlon 476 of the Companles Act 2006. The dlrertors acknowledge thelr responslbllltles for complylng wlth the requlrements of the Art wlth respert to Jccountlng records and the prepèratlDn of accounts. These accounts have been prepared In accordance wlth the provlslons appllcable to companles subject to the small companles re9lme. On behalf of the board Mrs Julie Grapes Dlrector Doctor Rlchard Musson Dlrector 6 lanuary 2025 The note5 on pages 6 to 7 form part of these financial statements. Page 5
Swaffham & Distrlct Mental Health Assoclatlon Limited Notes to the Financlal Statements For The Year Ended 31 March 2024 l. General Inforniatlon Swaffham & Distrlct Mental Health A5SOCiatlon Limited Is a private company, Ilmited by guarantee, Incorporated in England & Wales, registorod number 02956667. The rogistered office 15 Merle Boddy Center, Statlon Yard. Swafftiam. Norfolk. PE37 7JE, 2. Accountln9 Pollcles 2.1. Basls of Prep•ratlon of Flnanrlal Statements The financial statements have been prepared under the historlcal cost conventlon and In accordance wlth Financlal Reportlng Standard 102 sectlon IA Smèll Entltles 'The Flnanc5al ReportSng Standard appllcable in the UK and Republlc of Ireland. and the CompanSes Act 2006. 2.2. Turnover Turnoverls measured at the fair value of the conslderatlon received or receivable, net of dlscounts and value added taxes. Tumover Includes revenue earned from the sale of goods and from the renderlng of seNlces. Turnover Is reduced for estlmated customer returns, rebates and other simllar allowan. S•le of go¢yd* Turnover from the sale of goods Is recognised when the slgnlflcant rlsks and rewards of ownership of the good5 has transferred to the buyer. Thls Is usually at the polnt that the customer has signed for the dellvery of the goods. Rend•rlng ot •ervlces Turnover from the renderln9 of servlces Is recognlsed by reference to the stage of completlon of the contract. The stage of completlon of a contract 15 measured by comparlng the costs incurred for work performed to date to the total estimated contract cost5. Turnover is only rerognised to the extent of recoverable expense5 when the outcome of a contrart cannot be estlmated rellablv. 2.3. TaAglbl• Flx•d A•Mts and D•prqclatlon Tanglble flxed assets are measured at cost less accumulated depreclatlon and ony accumulated Impalrment losses. DepreclatSon Is provlded at rates calculated lo wrlte off the cost of the flxed assets, less thelr estlmated resldual value, over thelr expected useful Ilves on Ihe following bases: Leasehold 4%SLM Plant & Machlnery 33% SLM FIxtu$ & Fittlngs 33% SLM Computer Equlpment 330/0 SLM 3. Averag• Numb•r of Employm• Average number of employeesi Includlng dlrectors, during the year wa5: 612023: ) 4. Tanglble A•••t• L•nd & Propertv Le•B•hold Pl•nt & Machinery Flxtures a Flttlng• Computer Equlpment Tot•1 Cost As at l Aprll 2023 30.528 2,395 8,379 2,708 44,010 A5 at 31 March 2024 30,528 2,395 8,379 2,708 44,010 Depreclatlon As at l Aprfl 2023 Provlde¢i durlng the perlod As at 31 March 2024 7,326 1,221 2.395 8.205 86 2,708 20,634 1,307 8,547 2,395 8,291 2,708 21,941 •t Book Value As at 31 March 2024 21,981 88 22,069 As at l April 2023 23.202 174 23,376 Page 6
Swaffham PA Dlstroct Mental Health Associatlon Limited Notes to the Financlal Statements (contbnued) For The Year Ended 31 March 2024 S. Debtor$ 2024 2023 Due wlthln one year Trade debtors Other debtors 2,125 2,847 2,125 907 4,972 3,032 6. Credltor•: Amounts Falllnq Du• Wlthln OM Y••r 2024 2023 Other credltors Trxatlon and soclal securltv 3,780 9,001 4,166 1,478 12,781 5,644 7. Company Ilmltod by guarant•e The Company Is Ilmlted by guarantee and has no share capltal. Every member of the company undertakes to contrlbute to the assets of the companyi In the event of a w5ndln9 up, such an amount 115 may be requlred not exceedlng £1. Page 7
Swaffham & Dlstrict Mental Health Association Limlted Detailed Income and Expenditure Account For The Year Ended 31 March 2024 2024 2023 TURNOVER UF Donations and glfts UF Other donations and legacles UF Other Inte$t receivable operatlng UF Fundralslng events 120.037 5,586 985 110,186 14.334 179 25 126,608 124,724 COST OF SALES UF Lht and heat UF General rates UF Cleanlng and waste dlsposal UF Wages and salarles (use database for trustees) UF Employers Nl UF Stsff penslon costs deflned contrlbutlon UF Staff tralnlng UF Donatlon expense UF Motor runnlng expense UF Accountancy fees UF Soltware costs UF Repalrs and renewals UF Insurance and Ilcenses UF A(Jvert151ng UF Telephone UF Cornputer runnlng cost UF Card machine tharges UF Equipment rental UF Prlntlng, postage and statlonery UF Rent UF Offlce/General admlnlstratlve expenses UF Subscriptlons UF Leg¥1 and professlonal UF Sundry expense UF Depre¢ia¢lon LIF Materfal other expendlture - user deflned UF Galn or loss on sale of tanglble assets 4,580 1.209 452 113,413 3,741 1.793 1,902 216 556 2,998 4,966 3,859 1,371 7,294 679 122 73.776 1,127 804 216 50 3,926 8,742 320 1,988 140 570 604 2,048 95 1,238 124 6,961 497 1,450 12,518 920 319 5,983 77 216 645 13 1,513 7,166 12 1,307 10,054 (177,952} {116,618) GROSS (DEFICIT)ISURPLUS (51,344) 8,106 Oth•r Operatlng Incom¢ Other Income - contrlbutlng to other operatlng Income Wrlte back ljlstorical provlslons loo 129,693 129,793 OPERATING SURPLUS 78.449 8,106 ..CONTINUED Page 8
Swaffham & Distrlct Mental Health Assoclation Limlted Detalled Income and Expendlture Account (contlnued) For The Year Ended 31 March 2024 irt•r•rt pyabb and •lmll*r chary•s Interest on overdue taxatlon 12 (12) SURPLUS FOR TtrIE PINAP4CIAL YEAR 78,437 8,106 Page 9