REGISTERED COMPANY NUMBER: 03374820 {En8l•nd and W•lul REGISTERED CHARrrY NUMBEIL. 1064309 (Ewland •nd Wales) MID AND NORTH ESSEX MIND IA COMPANY UMITED BY GUARANTEE) FINANaAL5TATEMEirrs FOR ThE YEAR ENDED 31 MARCH 2022 Sayer Vlncenl LLP Invlcta House 108.114 Golden Lane London ECIY OTL Company number 03374820 Charity number.. 1064309 MIDAND f4oRTH ESSEX MIND CONTENTS OF THE FJNANCIALSTATEMENT5 FOR THE YEAR ENDED 31 MARCH 2021 P• R•port olth•Trust••s I to 12 R•port olth• Ind•p•nd•nt AudlQor5 13 to IS Stal•m•nt of Flnanclal •£tlvlll•s 16 O•l•nc• 5h•4t 17 Cash Flow St•tsm•nt 18 Not￿ to th• C•sh Flow St•tsm¢nt 19 14ot•s to th• Fln•ncl•l St•l•m•ntg 20 to 36 D•t•ll•d Ststem•ntof Hnancl•l Artlvld•i 37 to 38 MIDAND NORTH ESSEX MIND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022 The tru5tee5 present their report and the audited ffinandal statements for the year ended 31 March 2022. Reference and administrative information set out on page 10 forms part of this report. The ffinanclal statements comply wlth Current statutory requirements, the memorandum and articles of association. the requlrements of a dlrectors, report as required under company law, and the Statement of Recommended Practice Accountin8 and Reporting by Charitie5.' SORP applICab￿ to charities preparing their a¢counts in accordance h￿th FRS 102. OBJEcfivES AND AcfiviTIES PURPOSES ANO AIMS 'To SUPPOrt and empower people experienclng emotional and/or mental health problems to recover. buildlng on thelr personal hopts and aspirations. We strlve to provlde a comprehensive communlty mental health servlce whlch meets IndSvidual's needs and promotès mental health awareness In our local ¢ommunlty." Our alrns are.. To be a resource for all people In the Colchester, Tendrlng and Mid Essex areas who Identlfy themsèlves as experlendng mentsl and emotlonal distress and to provide a ran8e of quality servlces and support to meet local need5. To actlvely engage In Charltable campil8nln8 related to local servlce provision and to seek to ralse the proflle of mental health Issues locally through awarene55 ralslng. To malntaln collaboratlve worklng and cfeatlve partnershlps In the local area wlth other or8anlsatlons who have the same philosophy as Mld & North Easl Essex Mlnd. The trustees revlew the olms, oblective5 and actlvltles of the Charlty each year. Thls report looks at what the charlty has achieved and the outcomes of Its work in the reportln6 perlod. The trustees report the success of each key activity and the benefit5 the chaflty has brou8ht to those 8roups of people that It Is set up to help. The re￿eW also helps the trustees ertsure the charlty's alms, objectives and act￿ltieS remalned focused on Its stated purposes. The trustees have referred to the 8uidante contalned In the Charlty Commisslon's general 8uldance on publlc beneflt when revlewin8 the charltV'5 aims and objective5 and In plannin8 lis future activitles. In partlcular, the trustees consider how planned actlvltles wlll contribute to the alm5 and oblectSves that have been set. ACTNIYIES The charity provldes a wlde range support ser￿ce to people INlng in Mld and North Essex. The focus of these servl¢es is low level intervention, althou8h we do a150 dellver cllnlcal 5ervkes in conjunction with other provlders. All of these servlce5 were free to access durlng thls financlal year aslde from the fee p4yln8 ¢ounsellln8 servlce. The charlty holds varlous contracts from funder5 aCTOSS the localltles Includlng North East Essex ainlcal Commissionlrq Group, Essex County Council, Mld and South Essex ainlcal Commlssloning Group and also holds various grants from 8rant 8ivin8 bodie5. The servlces are normally delivered between Monday - Friday each worklng week. However, we Introduced Crls15 Cafés which operate out of hours providing support to thos? in crisis and reduclng the pressures on A&E departments. Thls approach has helped in providing a more r¢bust framework of care and supports the ststutory provlders In the work they do. Murh work has gone Into developlng the or8anisatlons three-year business Flan. which Is now moving ahead. The development of the plan included staff feedback, Se￿Ce user comment5 and the wlder comrnunity along with other provider5. This has led to the charity revlewin8 many areas of its work. 8ap5 in carel5UPPOrt and how it will manage demand following COVID-19. MID AND NORTh ESSEX MIND REPORT OFThE TRUSTEE5 FOR THE YEAR ENDED 31 MARCH 2022 ACHIEVEMENTS AND PERFORMANCE The charlty's maln activitie5 and who It trle5 to help are described below. All its charitable activities focus on 5uPPOrtI￿ the community In relation to mentsl health and wellbeing and are undertaktrn to further Mld and North East Essex Mind's ¢hafltable purposes for the public benefit. Durlng the perlod 2021122 Mld and North East Essex Mlnd achieved: Mlnd Quality Mark INatlonall- Sermce OeslBn & Innovation Mind auality Mark (Nation￿l- Informatlon Governance Cyber Se¢urity Essentials Plus BACP Service Accreditation ISO 9001.. 2015 Accredltatlon A5 well a5 ach￿t￿n8 the above durlng 2021122, Mid and North East Essex Mlnd also continue to be a Mindful Employer and are re815tered wlth the Fundralslng Re8ulator. The charlty contlnue5 to expand Its reach across the localllles that It Is here to serve and lurther support those that need mental health and wellbeln8 5ervlces. Thls has malnly been due to secuTln8 new contracts such a5 the Crlsls Cafés In North Essex, Sanctuary In Mld E55ex along wlth the expanding Chlldren and Young Peoples ser￿CeS known as MHST, that work wlthln schools and colle8es across North Essex. Durlng the first pirl of the ftnanclal period, we dld see a contlnued decrease In rèferrals due to COVIO-19, which resulted In a slow uptake and Ilmlted referrals. Th15 changed towards the end of the finandal perlod and referral rates have started to In¢rea5e a8aln. IAPT c￿b￿•111￿1 R•f•rr•ls R•c•lv•d 202V22 351 2020121 256 2019120 360 2018119 442 The counselllng servlte that operates withln North Essex saw 3 reductlon In referrals recelved durln8 the pandemlc compared to the pre¥hous year. However, It adapted durln8 the prevlous year due to the restrl¢tion5 and can now offer in-house onllne therapy, remote workTrnB and telephone supporL 5TaR Imld Essexl Rel•rr•ls R•c•lved 2021121 530 2020121 344 2019120 316 2018119 454 $TaR (North Ess•xI R•f•rrals RKelv•d 2021IZ2 893 2020121 445 2019120 558 2018119 gJ9 The above se￿CeS contlnued to opeTate well during the period, although we 53w a decrease in rèferrals througho the first half of the year. we then saw an increase durlng Q314. These servlces are delivered In partnership wth Herlford5hlre Partnership FOUnda￿on Trust IHPFf) and lorm part of the overall IAPT servlce contracts in both Mid and North Esse MID AND IKIRTH ESSEX MIND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022 Futur•s In Mlnd R•lerrak Recelv 2021122 803 2020ni 271 2019120 336 2018119 324 The Futures In Mlnd seryke 15 a Collaboration between u5, Phoenlx FLrtures and Mind in West Essex. The serwce Is designed to support those across Essex 5ufferlng wlth elther mentsl health or substance misuse issues. The servlce continued to operate durfng the pandemlc and saw a 518nifkarht increase In referrals bein8 re¢eived. ASD Conn•ct R•f•rrals Rec•fv 202V22 2020121 55 Although the ASD 5ervlce Contlnued In lune of thls finan¢Sal period. No referrals were recelved 35 thls ceased to operate. It5 focu5 was on doSIr￿ cases approprlately and leavin8 famllles wlth the relevant Informatlon for contlnued support movlng forward. P4orth EM•x cr15￿ Qfés Iclacton & Colch05t•r) R•ferrals A8c•lv•d 2021122 LIS1 2020121 797 The Crlsls Café continued to do well, and vle now have extended the offer so that clSents can a¢cess support durlng the day as well as out of hours. Both teams hove movèd to new locatloThs to be more central to the areas that they serve. Feedbèck about these chan8es has been posltive and a draMa￿e Increase Sn referrals can be seen. Mld ESMX Sanctuary R•lvrrals R•c•lv•d 2021122 2,123 2020121 669 Both the Cr151s Cafés and Sanctuary based in Mld Essex Saw a slow start as both servlces were launched In Aprll durlng the Inltlal lockdown. However. these started to Inrrease later in the year and the servSce ha5 contlnued to expand. It's thou8ht that durln8 the next perlod we wlll increase the offer to cover day hours as well a5 evenln8s In order to provlde a more robust offer for those that need the suppoiL MHST- Tendrl R•l•fYals R•c•l¥ 2021122 310 2020121 291 The Mental Health Schoo15 Team IMHST) in the Tendring area saw an increase In referra15 as the team have become more e5tab115hed. Additlonal 8roup work also took place with support beln8 prowded to varlous cohorts wlthln the school settlng. MID AND NORTH ESSEX MIND REPORT OFTHE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2021 MHST- Col¢hester R•f•rral$ R¢¢eknl 2021n2 The Mental Health Schoo15 Team IMHSTI In the Col¢hesteT area launched in January. Thls servite didn't accept referrals in the flrst Instance as thls is linked with NHSE and HEE, wth trainee staff not working wlth cllents. Thls servlce was also Impacted on by the pandemic a5 Schools were shut and referrals were not Identlfied. GP Sulcld• Awareh￿TI41nI Wlth the support of a local famlly who had experlenced 5ulclde wlthln thelr own fam1￿ network, we were able to develop the GP Sulclde Awareness Tralnln8. WorkSng wlth the local CCG'S enabled us to more easlly access those GP'S wlthln the locallty offerfn8 free bespoke awareness tralnln& The focus In on Work colleague's wellbeing and Is open to all staff worklng wlthin GP piactlces. Total P•opl• Supponthl 202V22- 6A51 MID AND NORTH Essex MIND REPORT OFThE TRUSTEES FOR THE YEAR ENDED 31 MAROI 2022 STRATEGIC REPORT FINANaAL REVIEW The flnanclal year 2021122 was challen8in8 due to the ongoin8 problems caused by the COVID pandemlG 5tsff a8aln havlng to work from home for lon8 period5. It tontinued to be difficult to recrult to our vacant P05ts. Staff once agaln took ort the addltlonal work enablln8 LIS to fulfil our many contracts. We thank them for their hard work and dedicatlon. Our Fundralslng team had to conslder dlfferent ways of raisln8 Income and mana8ed to ralse £111,574 from donatlons. almost double the prevlous year and a further £86,922 from 8rants, a very good performance In the clrcumstances. Our HR team trled different recrultment methods resultlng In many of the vacant posts bein8 filled bul we ¢ontlnue to Sèe relatlvety hi8h staff turnover and a ccn5iderable underspend a8alnst bl￿get on staff costs. Overall Income Increased by £899.061 to £2,904A22 mainly due to our ongoSng contract5. Expendlture Increased by £577,964 to £2,258,484 largely due to Increased staff c05t5 to Service these contracts, this would h3ve been slgniflcantly hlgher had we been able to1111 all the vacant posts earlier in the year. Our net assets Increased by £645,938 to £1897,957 leavin8 us In a very healthy financlal posltlon. The value of our property accounted for £609,173 of thls sum. Durlng the year we removed the prov151on of E41,071 for dllapidatlons followlng our declslon to vacate the property we were rentln8 In Clacton at the end ol March 2019, as we felt that It would now be dlfflcult for a claim to be made, due to the tlme that has elapsed slnce we vacated the property. We have been ffinallsln8 our strate8y for the next 3 year$ and are able to Include some new serylce5, whl¢h wlll inltlallv be funded from cur re5eNes. Thls 55 possible due to the Increase In our asset5 over the last 2 years. We therefore expecl to see a reduction to our assets In the current flnanclal year. We closely monltor our flnances,. to ensure we can contlnue to provtde servl¢es that wlll benefit the local ¢ommunlty for many years to come. INVESTMENT POLICY The Trustees have dlscussed potential investments at length durln8 the year and declded to adopt a cautlo¢Js approach as we do not wlsh to rlsk our a55et5. We agreed to look for interest Income and to dlvefsify our deposits $0 that we could take advantage of FSCS protectlon which 15 £85,OC4) per bank. Havlng revlewed varlous optlons we opened èn account wlth Flagstone, a cash platform. offerln8 rates from numerous b3nks. Inltially we dep051ted £275,Th)O and have recently agreed to add a further £190,000. We have 5pIIt the funds between varlous banks with a maxlmum deposit of £85.000 to ensure we make the most of the FSCS 8uarantee. We agreed to keep the funds on short temi deposlts with a maxlmum of 18 months fixed. These deposlts are regularly reviewed to ensure we ahways have acces5 to sufficlent fund5 to meet our everyday needs. We contlnue to look at potentlal investment opporttJnille5 in tase we declde to ¢hange our pollcy ènd seèk Increased returns. PRINCIPAL RISK5 AND UNCERTAir￿lEs The trustees maintatn a risk reglster, which is reviewed by the senior management team and the trustees to ensure that the charity understand5 the potentlal risks. This is achieved by.. Maintalnlng the risk register and reviewing at Board level Ensuring the correct level of insurance 15 in place for all functlons, including fundraislng events Establishin8 internal systems to provide efflcient Way5 of working in line with the ongoing development of our ISO.. 9001 accreditation MIDAND NORTH ESSEX MIND REPORT OF THE TRUSTEES FOR THE YEAR ENOED 31 MARCH 2022 The si8nillcant area5 that pose major rlsk are as follows.. Insufficvdnt skilled staff Reputatlonal damage Decrease in voluntary Income Loss of contracts Data breach In order to mlnlmlse the above rlsks, actions have been taken that would reduce the scorln8 and sl8nlflcant impart. An example of thSs 15 the system we've used for storing client data alon8 Wlth the cybef essentlals advaTr￿ certlficalon we have secured. We have also Introduced an or8anlsatlonal rlsk m3n4ement pollcy that dlrectly links wlth the reglster and is revlewed on a re8ular basls by both the Senlor Management Team aftd Trustees. RESERVES POLICY ANO GOING CONCERN The tharity needs flnanclal resources to achleve Its purpose5 and must plan for the longer term to ensure contlnulty- During the year the trustees undertook a revlew of the level of reserves required having regard to the followiw.. The charlty forecasts of expendlture based on planned activity and the analysfjs of future needs. The rellablllty and volatllity of Income, Fund5 requlred for replacln8 assets. The need to cover contingencle5 and ihe abillty to be abl* to respond to unexpeded events or opportunltles. In line with current thinkln8, thls Is based on an assessment of the volailllty and certalnty of each of the or8ani5atlon's maln Ineome 5trewns,' a potèntlal need for unplanned or unexpected expendlture,. and the requirement to malntaln sufficlent workln8 capltal to ensure the contlnulng 5rn00th runnSng of the ¢harlty. Thls assessment produced fl8ures of £612,C(Q for Income volatlllty, ¢ontln8ency and uncertalnty, £150,iJ)O for unplanned or unexpected expenditure, givlng £752,000 In total. These fund5 have been set aslde by the trustees as deslgnated funds, along wlth the net book value ol our tanglble fixed assets. In addltlon to our restrlcted ond des18nated funds, the charity has general funds of £944,000. These are retalned lor further 5ervlce development and to nll the unmet need across the area. The trustees have consldered the flnanclal position of the charlty, its investment portfollo, Its reserves, a5 well as Its cash flow and Ilquid resources and they belleve the charity 15 able to manage Its buslness rlsks successfully. The￿ are no materlal un￿rtaIntleS that may cast doubt on ihe charity's ablllty to tontlnue 35 a gclng concern. The trustees have a reasonable expectatlon that is h35 adequète resources to contjnue In oPera￿Onal existence for the near futurè. Therefore, they Continue to adopi lhe 8oln8 concern basls of a¢countln8 In preparlnB the annual financial statement5. FUNDRAISING Fundraislrg improved durln8 the perfod compared to the prevlous year, althou6h thls was stlll down wlth Ilttle communlty acti￿lY taklng place and no events or challen8es. We successfully started the recruStment proces5 followln8 o re-structure and now developln8 a new 5trate8V. The fundraislng team were sublett to Furlough leave, with thi5 bein8 the best way to Ilmit Costs whllst the department was unable to functlon at lull potentlal. There wa5 an increase in Grant and Trust funthn6 with fund5. some of whlch beln8 secured for a malor IT overhaul. enablin8 US to be able lo pro￿de up to date IT infrastructure. Thls allows us to offer a variety of counselling options such as face to face, vldeo Ilnk and telephone servlces, all wlthln CoronavSrus 8uidellnes moving forward. Digital fundrai5in8 activStle5 however did increase, and It Is apparent that thls source of fundralslng needs to be marketed ond explored more in the future. MID AND NORTH ESSEX MIND REPORT OF THE TRUSTEES FOR THE YEAR ENDED al MARCH 2022 FUNDRAISING sfANDARDS MSd and North East Essex Mind are re8iStered wlth the Fundrais1￿ Regulator and works wlthln Its code of fundr3i5in8 practice and data protection13ws. All this infomation can be located on our webslte, with the aim of reassurln8 those wlshln8 to donate or fundralse on our behalf. COMPLAINTS Ourlng the period we received no complaints relatin8 to our fundralsSng practice Dr through servlce dellvery. Thls Is the same as the prevlous two-year perlod. We vlew complalnts and supported feedback as important Information that helps shape the fundralsin8 plans on an annual basis. PLANS FOR THE FUTURE Our ambitlon for Mid & North East Essex Mlnd over the next 3-year perlod Is to contlnue with the serylces we offer and develop a new 3-year strategy as we are currently in our final year of ihe exSstin8 plan. We understand that Since the pandemic everythlng has changed and that Impact5 on how we operate a5 a ¢h•rlty. Whlle we have key plans that we want to dellver over ihe next 3-year period we wlll focus on dlgltal and how we can incorporate thls Into how we work wlth the client 8roup allowln8 for cholce of servlce type. Followlng the pandemlc, we are now seeln8 a demand for servlces In thelr entlrety. Thls Is evldenced above, and Its though that we wlll continue to See demand and 8rowth over the next year. In addltlon, healthcare Is ¢han8ln8, and thls brln8s a different set of challenges. As we move Into an integrated care system comm15s1onlng of servlce5 wlll change. The bl88e5t ¢hallenge for us as a local charity is because we operate across two IC8s Imld & South Essex, & Suffolk & North Essex). Both wlll bè structured sli8htly dlfferently due to landscape and fundSn8 avallabllliy. tloThal V151on Mlnd Notwo staylngwell: Support people Ilkely io develop mental health problem5, to stay well. Empowerlni cholce., Empower people who ex￿rIenCe a mental health problem to make Informed cholces about how they Ilve and recover. Impr(bvlns s•p41ces and $upporL' Ensure people 8et the rl8ht servlces and support at the rlght tlme to help their recovery and enable them to1Sve with their mental health problems. Enabllni soclal prtklpatlon,, Open the doors to people wlth experlence of mental health problem5 participatirt8 fully In society. Removlni In•quallty of opportunlty: Galn equallty of treatsnent for people who experlence both mental health and other forms of dlscrlmlnatlon. Ory•nlsatlon•l ewllence.. Make the most of our a55e15 by bulldlng a culture of Èxcellence. Local Vlglon MNE E55ex Mlnd Improved experience- To meei the emotlonal and physlcal needs of those experlencln8 mental health d15criminatlon across both Mld and North East Essex. Incr•asad understandln8: To show empathy tow3rd5 any person Irrelevant of age, sufferln8 from è mental health condition. Access for all.. To promote Inclusion to those who aCEes5 our service5 into the wlder communlty. DI￿r$lty & Equallty: To have understanding of the diverse cultural need5 of our communlty allowln8 equal access to healthcare seNce5. Collabor•tlve Approa¢hes: To work In Partnership wlth other a8endes, providing a Iluid contlnulty In care. MID AND NORTH ESSEX MIND REPORT OF TrIÈ TRU5TEE5 FOR THE YEAR ENDED 31 MAROI 2022 STRucfuRE. GOVERNANCE AND MANAGEMENT The or8ani51tion is a charltsble company Ilmited by guarantee. 5ncorporated on 16 May 1997 and reostered as a tharlty on 10 September 1997. The Company was establlshe(l under a mernorandum of asso¢iatlon which establlshed the objects and powers of the charltable company and15 8overned under Its article5 of assoclatlon. All trustees glve thelT time voluntarlly and recelve no beneflts from the charlty. Any expenses reclaimed from the chartty are set out In note 9 to the account& APPOINTMENTOF TRUSTEES Those wlshin8 to become a trustee of Mld and North East Essex Mind meel In the first Instance wlth the Chair of the Board and the Chief Executlve. Should there still be a posltlon on the board and they contlnue to be interested thty are invlted to attend three meetln8s, whlch once attended, have to make a decision un beccmin8 a member, The board then ele¢ts or ¢o-elects untll the annual Beneral meetln8. One thlrd of all trustees of the charlty are then sublecl to re-COnfirma￿On by members of the company eath year durin8 the annual genéral meetift8. TRUSTEE INDUCTION TRAININfj All new trustee5 meet wlth the Chalr of the Board and the Chief Executive once officlally appolnted. In addltlon they are offered tlme wlih each of the senlor mana8ers in order to galn a better understandlng of the operatlonal 51de of the or8an15atlon. Each new trustee Is requlred to complete the skllls matrlx and attend mandatory tralnlng provbded by the NCVO and throu8h In-house systems. RELATED PARTIES AND RELATIONSHIP5 WITr1 OTHER ORfj>J4ISATIONS Pzrtnershlp workln8 Is an essEntlal element of 411 the WOTk that Mld & North East Essex Mlnd prO￿deS acr05S the locallty. It not only allow5 for a better way of dellvering, but also provldes the user with an Improved experlenced. It15 essentlal to know and understand whom we are worklng ￿th when consSderlng any form of partnershlp. After Idenilfyin8 a potentlal partner to work wth on the dellvery of a prolecV5ervlce, an a55essment ol the partner OT8anlsaUon Is complèted. Thls Is to ensure that both partles are a 8ood match and share thè same overall vlslon. Vlslon Capzclty Structure Ilncludlng general rnanaBement and governance) Flnanclal Mana8errent Procurement Pecple Management Project Management All employees have the potentlal to Identlfy opportunltles and partnerships and should ￿ en¢oura8ed to do $0. Through strong leadershlp and stren8thened communrcatlon5, we S￿11 be able to proactlvely lthntify the correct opportunltie5 prior to the procurement process-takin8 place. REMUNERATION POLICY FOR KEY MANAGEMENT PERSONNEL All lob roles within the charlty are job matched and then 8raded u51ng the most appropriate tools. Thls ensure5 that a true and falr pay is provided in order to attract the best candidate5 for the role. Benchmarkin8 of all lob roles acros5 the charity wa5 carried out during the year to trnsu￿ we remaln competitive wlthln the sector. MID AND NORTM ESSEX MIND REPORT OFTHE TRUSTEES FOR THE YEAR ENDED 31 MAROI 2022 The senlor management team roles 80 through the same process and are then provided to the flnance committee who will make recommendation5 to the board of truitees. This process 15 now under revlew and the alm Is to Introduce a remuneration committee that sits alon8Sbde the finance committee. POUCY FOR EMPLOYMENT OF DISABLED PER5014S Mid and North East Essex Mind Is committed to prowdln8 hlgh quality mental health care within a sale envlronment by appropriatefy quallfied and competent staff. We alm to ensure that all staff act in a fzir and conslstent manner. All employees wéll be encouraged to develop thelr skllls and fulfll thelr potentlal and to take advants6e of tralnlng, development and pro8re551on opportunitie5 In Mhd & North East Essex Mlnd. Selection for ern￿Oyment, prornotion, trainin& or ary other benefit wll be on the basis of aplltude and ablllty. Mid & North East Essey Mind is committed to a pollcy ol treatln8 all Its employee5 and lob appllcants equally and to recruSt the best person for each va¢ancv. No employee or poten￿al employee shall receive les5 favourable treatment or conslderafjon durtn8 recrultrnent and selettlon on the ground of rate, colour, reliwon or bellef, nationallty. ethnlc origin, sexual orlentatlon, gender, 38e. dlsablllty, marfial statu5 or part-time status or wlll be disathantaged by any condltions of employynent that cannot be Iustllled as necessary on operatlonal grounds. ENERGY ANO CARBON REPORTING We wll contlnue to str6ve for low ener8V C¢Sts and wlll seek altemat1ve ways of powerlng the bulldln8S that we occupy. This will Involve a Tevlew of heatlng sV5tem5 tc ensure that boilers are energy efficient, 6135sing Is of the Correct standard and alr ¢ondltionln8 units are properly malntalned, We wlll als0 review the beneffts of introdu¢ln8 solar pane15 to our maln site on Mersea Road so that we Can become a 8reener organlsatlon. Currently we only recycle approxlmately 35% of our waste acros5 all 51tss. We wlll lrnplement systems to monltor thls more carefully and 4Im to have increased our recyclln8 t¢ 55% wlthln 2 yeafs. MID ANO NORTH ESSEX MWD REPORT OF TrIE TRUSTEE5 FOR THEYEAR ENDED 31 MARCII 2022 REFERENCE AND >DMINisfRATIVE DEfAILS Reilttered Company numb•r Q3374820 IEnBland and Wales) ReB15tered tharlty numl*r 1064309 A￿1$to￿d offl The Constantine Centre 272a Mer5ea Road Colchester Essex C02 8QZ Trust Trustee5, who are also threctors under company law, vtho served durlnB the year and up to the date of thls report were as follow5.' M Edward$ P Cheng P Pushman S Barlow L Brewster D Wordsworth J Wood Ire518ned 30 Ayll 20211 l Beaumont Chair Vice Chalr Treasurer K•y m•n•i•ment p•rwnn•l James McQul88an Kerrle Barker Duncan Mccubblne Stephanle Mllls Chlef Executlve Officer Servlce Operatlons Manager Buslness Operations Mana8er Marketin8 and Fundralslng Manager Sonlor Statutory Audltor Joanna Plttman Audltors Sayervlncent LLP Invlcta House 108-114 Golden Lane London ECIY OTL B￿karS Barclay5 Bank plc 9 Hl8h Street Colchester E55ex COI IDA -iO- MIDANDNORTH E55EX MIND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022 REFERENCE AND ADMINISTRATIVE DETAILS Solicltor5 Flsher Jone5 Greenwood Newcomen Way Colchester Buslness Park Essex C04 9YA STATEMENT OF TRUSTEES. RESPONSIBIUTIES The trustee5 (who are also the dlrec¢ors of Mld and North Essèx Mlnd for the purposes of company lawl are fesponsible for prepari￿ the Report of the Trustees and the flnanclal statement5 In accordance wlth applicable law and United Kingdom Ac¢ounUng Standards Iunlted Klngdom Generally Accepted Accountlng Practlcel. Company law requires the trustees to prepare flnandal statements for each finan¢lal year whlch 8lve a true and falr view ol the state ol affairs of the charitable company and of the Incomlng resources and appllcatlon of fesoufces, IncludlnB the income and expenditure, of the charitsble company for that perlod. In wepar1￿ those flnanclal Statements, the trustees are required to select sultable accountin8 policies and then apply thern conslstentlv- observe the methods and principles in the Charity SORP; make lud8ements and estimates that are reasonable and prudent; state whether ap￿kable accountinu standards have been followed, subject to any materlal departures dlsc105ed and explalned In the financlal statementS,' prepaie the flnanclal statemènts on the goi￿ concern basls unless It 15 Inapproprlate to presume that the charltable company wlll contlnue In business. The trustees are responslble for keeplng proper accountlnB records whlch di5c105e wlth re050nable accuracy at any tlme the fSnanclal positlon ol the chailtable company and to enable them to ensure that the financial statements comply ￿th the Companles Act 2006. They are a150 responslble for safeguafdlng the assets of the charitable companv and hence for tskln8 reasonable sieps for the prevention and detectlon of fraud antj other irregularltles. In $0 far as the trustees arè aware.. there Is no Televant audlt Infomiation of whlch the ¢harltable company's audltors are unaware; and the trustees have taken all steps that they ought to have taken to make them5elve5 aware of any relevant audlt Infomiatron and to establlsh that the audltors are aware of that Informatlon. The trustees are responslble for the maintenance and Integrity of the corporate and financlal Informatlon Included on the charitable company's website. Le8islation In the Llnited Kingdom 8overnSng the preparatlon and dlsseminatien of fflnanclal statements may dlffer from le8islatlon In otherjuri5dlctlons. Memters of the charlty 8u3raniee to Contribute an amount not exceedlng £1 to the assets of the chartty In the event of wlndlng up. The tot35 number of such 8uarantee5 at 31 March 2022 was 7. The trustees are members of the charlty but this entitles them only to voting rlghts. The trustees have no beneficial interest in the charity. -li- MID AND NORTh ESSEX MIND REPORT OFTHE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022 AUDITORS Sayer Vlncent LLP was appolnted as the charitable company's audbtor duri￿ the year and has expressed Its wllllngne5S to continue In that capacity. The trustees, annual report has been prepared In a¢cordance with the Special provislons apF4icable ta companies suble¢tto the small companles, reglme. Report of the trustees, Incorporatln 12 October 2021 • 5tTate8ic report. approved by order of the board of trustees, as the company directors, on.,........................................... and slgned on the board's behalf bv: P Pu5hman-Trustee -12- REPORT OF THE INDEPENDENT AUDITOR5 TO THE MEMBERS OF MID AND NORTH ESSEX MIND Independent auditor's report to the member5 of Mid and North Essex Mind. Qplnlon We have audited the flnanclal statement5 of Mid and North E55ex Mind (the 'charitable company'l for the year ended 31 March 2022 whlch comprise the statement of financial activStle5, balance sheet. statement of cash flows ind notes to the financlal statements. Includlng 5ignlficant accounting policies. The financial reportin8 framework that ha5 been applied in their preparatlon is applicable law and United Kingdom Atcounting Standard5. includlng FRS 102 The Flnanclal Reporting Standard applicable In Ihe UK and Republlc of Ireland Iunited Klr8dom General￿ Accepted Accountin8 Practitel. In our opinion, the financSal statements.. Give a true and fair view of the state of the charitsble company's affalrs a5 at 31 March 2022 and of its Sncomin8 resources and application of resources, including its Income and expenditure for the year then ended Have been properw prepared in accordance with United Xlrgdom Generally Accepted Accountlng PTaCtlce Have been prepared In accordance wlth the ￿qUIrernents of the Companles Act 2006 8a515 for oplnlon We conducted our audlt In accordance wlth Internatlonal Standard5 on Audlting IUKI IISAS IUKII and appllcable law. Our responslbilltles under those standards are further descrlbed In the Auditor'5 rè5ponslbllltles for the audlt of the flnancial statements sectlon of our report. We are Independent of the eharltable company in accordance with the ethical requirements that are relevant to our audlt of the flnanclal statement5 in the UK, Includlng the Fflc's Ethlcal Standard and we have fulfllled our other ethlcal responslbilltles In acCOrda￿e with these requirements. We belleve that the audlt evldence we have obtalned Is suffi¢lent and appropilate to provlde a basls for our oplnion. Concluslons r•latln8to iolni m ¢)peratlni actl¥ltl Cash generated from operations la 482,271 813,442 Net cash provided by operatln8 a¢tNities 813,442 sh trryow5 from att￿ltIeS Purd)ase of tsnglble flxed assets Short term deposlts InterE5t recelved Interest pald 11,0961 1274.4501 3,1)01 4,5881 152,3601 1273,8131 1,590 16,0741 Net Cash used In Investln8 acllvltles 277.133) 330,6571 Cath Ilowj from 1kn•ne￿ •rtlvltl•s Loan rePa￿￿ents In year 27 25,7471 Net C45h used In flnancln8 a￿l¥ltIeS 27.232) 25,7471 Ch•ni• In •nd f￿h equlnl•nts In th• reportln8 pqrlod 177,9LNI 457,038 Cash and ush equfvlhnts rt th• bI￿nn￿r ofth• I￿ort1￿ pwknd 1620 684 1,163,646 sh and cash qqulval•nts 4t th• end of th• r•portln8 p•rlod 1.798.590 1,620,684 The notes form part of these financial statements MID AND NORTH ESSEX MIND NOTES TO ThE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2022 RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES 2021 N•t Inry>m• for th• rgportln8 porlod14s p•rth* Stat•mgnt of FI￿n￿al ActIvIt￿5) Adjustments for. Depreclatlon Charges Interest recelved Interest pald Movement on provlslons Decrease In debtors IDecreaselhncTease In uedbtors 645,938 324,841 40,784 28,194 11,5901 6.074 12,8021 294.502 164.223 4,588 I44A￿8) 5.623 167.6531 N•t cath pro¥ld•d by op•rntloni 482.271 813,442 ANALYSIS OF CHANGES IN NET FUNDS At 1.4.21 Cash flow At 31.3.22 N•t ush Cash at bank and In hand Ih20,684 177,906 Ih20,684 ITI,906 1,798,590 Debt Debts fallln8 due wlthln l year Debts fallln8 due after l year {27.1621 67,1891 11.5881 128.7501 138A61) 94,351 Totsl 1516 33> 1,731 205 139 ￿72 The notes form part of these financtal statements -19. MID AND NORTH ESSEX M140 NOTES TO THE FINANCIAL STATEMENTS FOR THEYEAR ENDED 31 MARCH 2022 GENERAL INFORMATION The charlty is a publlc benefit entlty and a prfvate company limited by guarantee, registered in En8land and Wale5 and 3 re8i5tered charity in En8land and Wales. The addre55 of the re8iStered office Is The Constantlne Centre, 272a Merseo Road, Colchester, Essex, C02 8QZ, En8land. ACCOUNTING POLICIES Basls of preparlnK th• financlal stat•m•nts The flnancial 5tatement5 of the charltable company, whlch is a publk benefit entlty under FRS 102. have been prepared In accordance wth ihe Charitles SORP IFRS 1021 'Ac¢ountlng and Reportln8 by Charttie5.' Statement of Recommended Practice applicable to charitie5 preparin8 thelr accounts In aCCQTdanre wlth ihe Flnancial Reporung Standard appllcable in the UK and Republic of Ireland IFRS 1021 leffecfjve l January 20191,. Flnancial Reportlng Standard 102'The Flnanclal Reportlng Standard appllcable In the UK and Republic of Ireland. and the Companles Act 2C%J6. The financial statement5 have been prepared under ihe hi5toriGal cost convendon. The presentatlonal and functional currency of these flnanclal statements Is sterlln8. Values are rounded to the nearest pound. Publk b•n•flt •ntlty The charlty meets the deffinltlon of a public bentfit entlty under FRS 102, Incomlng r•sourc•J All Incomln8 resources are Included In the statement of hnanclal actlvltles when entltlement ha5 passed to the charity,. It Is probable that the e¢onomic beneflt5 a350cl¥ted wlth the transaction wlll flow to the charfty and the amGunt can be rellably measured. The followln8 speclllc pollcles are applied to partlcular cale8orles of Income.. In¢ome frorn donatlons or grants15 recogni5ed when there15 evldence of entltlement to the 81 receipt Is probable and its amount can be measured rellablv. Legacy Income Is fewgnlsed when recelpt is probable and entltlement Is establlshed. Income frorn contracts for the supply ol servlces Is recognlsed wlth the dellvery of the contracted servi￿. This Is dassifled as unrestrirted fvnd5 unless there Is a ¢ontra¢tual iequFrement for It to be spent on a partlcular purpose and returned Sf unspent, In whlch case It may be regarded a5 restrlcted. Income re¢elved In odvan¢e of the provision of a specified service is deferred until thè critèrla for Income re¢o8nition are met Resources expended Expendlture Is recogn15ed on an accruals basis as a Ilablllty Is Incurred. Expendbture Indudes any VAT whlch cannot be fully recovered, and 15 cla55ified under headin85 of the statefflent of financial artivilie5 to whlch It Telate5.' ExpendSture on charltable advltles includes all costs Incurred by a tharlty In undertaklng actlvltles that further Its charltsble alms for the benefit of its beneliciaries. including those support costs and costs relatln8 to the governance of the charlty apportloned to charitable actfvltles. Other expenditure includes all expenditure that 15 neither related to ralsing funds for the charity nor part of its expendllure on charitoble activities. All costs are allocated to expenditure cate8orie5 reflecting the use of resource. Direct costs attributable to a slngle actlvlty are allocated dlrertly to that actlvlty. Shared costs are apportloned between thè actlvlllos thev contribute to on a reasonable, lustlfiable and conslstent basls. -20- MID AND NORTH ESSEX MIND NOTES TO THE FINANCIAL5TATEMENTS- contlnued FOR TrIEYEAR ENDED 31 MARCH 2022 AccouKfiNG POLIOES- contlnued Tanllble fbx•d a55•ts Depreciation is provided at the followlng annual rates in order to write off each a55et over its estrmated useful Freehold land and bjlldlngs Equlpment 30% on reducln8 balance 33% on cost If an Item Is deemed to have an e5tlrnated useful Ilfe of greater than one year It Is capilallsed and subject to depreciation. Assets purchased for less than £1,000 are expensed dlrectly to the Staiement of Flnandal A¢tlvlty and are not capitalised. Fixed assets are revlewed on an annual basls for Impairment. The land held within Freehold Land and 8ulldSngs15 not sublert to depreclatlon. Op•ratln8 l•ase5 Rental charge5 ale chaf8ed on a stral8ht Ilne ba515 over the term olthe lease. T•Matlon The charlty Is exemptfrom corporatlon tax on Its ¢harltable actlvltle$. Fund accountlnE Unrestricted funds are avallable fof use at the d15crelion of the trustees to further any of the charlty's purposes. Deslgnated funds are unre5tTiGted funds eamiarked by the trustees for parbcular future projects or ¢ommltment. Restrlcted funds are subjected to restrl¢tlons on their expendlture declared by the donor or through the term5 of an appeal, and fall Into one of tsvo subun5ellors' fees Volunteer expenses Depreci3tion of tanglble fixed assets 1.263.739 89.531 26,133 65.881 4.112 909,154 64,135 18,953 33,571 590 2.881 716 30,045 9,353 8,107 28,022 748 2,107 18,388 41,397 3,399 4,072 763 24.462 11.458 11,937 33,377 1,175 2,009 16.609 45,850 1.467 14,332 1,614M2S 1,175,638 Support costs Staff cogls Wa8e5 Carrled forward 309,536 309,536 226,002 226,002 Thls pa8e does not form part of the statutory financial Statements -37- MID AND NORTH ESSEX MIND DETAILED STATEMENT OF FINANCIAL A￿1v￿lEs FOR THE YEAR ENDED 31 MARCH 2022 2022 2021 Staff costs Brou8ht forward National Insurance Penslons 309.536 25.765 5.998 226,002 19,441 4,424 341.299 249,867 Hnanc• MortBage intsre5t 4.588 6,074 oth•r Posta8e, statlonery and telephone Repalrs and malntenance Equlpment Travel and subslstence Tralnln8 Le8al and professlonal fees Bank charges Sundry expense5 and consumable5 Advertlslng and recrultment Other hlre Rent, rate5 and Insurance Light and heat Software and Ilcences Depreclatlon of tan8ible flxed assets 38.504 {5W131 16.024 3,2n 11.194 ,662 474 2.677 9,747 2,595 14.262 6.041 $4.615 26,452 30,905 11,054 573 1,481 3,922 74,301 828 1,667 17,358 2,077 17,739 5,650 39,324 24.122 269,512 231,001 Gov•man¢e cojts Auditor5, remuneratlon Audlt and accountancy fees 16,260 12,0fy) 11,280 6,660 28260 17,940 Total resour¢e5 expended 1680 520 N•t In¢om• 645,938 324,841 Th15 page does notform part of the statutoryfinanclal statements -38-