REGISTERED COMPANY NUMBER: 03180757 (England and Wales)
REGISTERED CHARITY NUMBER: 1066411
Chartered
Accountonts
Report of the Trustees and
Financial Statements for the Year Ended 31 March 2024
for
Mind in the Vale of Glamorgan
l Reg151eied Orflce
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Coioiff Gole Bu￿nesS Polk
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Assockjtes
AntrK)ny Roblin. FCA
BPU Limited
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Mind in the Vale of Glamorgan
Contents of the Financial Statements
for the Year Ended 31 March 2024
Page
Report of the Trustees
Independent Examinerfs Report
12
Statement of Financial Activities
13
Balance Sheet
14 to 15
Cash Flow Statement
16
Notes to the Cash Flow Statement
17
Notes to the Financial Statements
18 to 29
Detailed Statement of Financial Activities
30 to 31

Mind in the Vale of Glamorgan
Report of the Trustees
for the Year Ended 31 March 2024
The trustees who are also directors of the charrty for the purposes of the Companies Act 2006,
present their report with the financial statements of the charity for the year ended 31 March 2024.
The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1
January 2019).
STRUCTURE. GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by rts goveming document, a deed of trust. and constitutes a limited
company, limited by guarantee, as defined by the Companies Act 2006.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
03180757 {England and Wales)
Registered Charity number
1066411
Registered office
Old Cadoxton Surgery
31 Barry Road
Barry
Vale of Glamorgan
CF63 1BA
Trustees
K Canning
Dr M Colernan
Dr K Dohety- appointed 1410512023
J M Lewis - appointed 1310612023
S J Reynolds
C Windle
Company Secretsry
C J Chapman
Independent Examiner
John Huw Palin FCA
BPU Limited
Chartered Accountants
Radnor House
Greenwood Close
Cardiff Gate Business Park
Cardiff
CF23 8AA
Company Bank
Unity Trust Bank PLC
9 Brindley Place
Birmingham
BI 2HB

Mind in the Vale of Glamorgan
Report of the Trustees
for the Year Ended 31 March 2024
in the Vale of Glamorgan
ANNUAL TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2024
The Trustees, also Directors of the Charity for the Companies Act, present their report and
financial statements for the year ended 3151 March 2024.
Governin
Document
Mind in the Vale of Glamorgan is a charitable company limited by guarantee. As Barry Mind, it
was registered as a Charity in 1977. It changed its name to Mind in the Vale of Glamorgan on 11t
April 1996. The Company was established under a Memorandum of Association, which
established the objects of powers of the charitable company and is governed under its Articles of
Association. If the company is wound up, members must contribute an amount not exceeding £1.
Mind in the Vale of Glamorgan is affiliated with Mind, the national mental health charity.
Recruitment and A
ointment of Mana
ement Committee
The organisation is managed by a voluntary Trustee Committee whose role is to set Mind in the
Vale of Glamorgan's overall objectives and ensure that it meets its legal and moral obligations. The
Trustees are responsible for Mind in the Vale of Glarnorgan and its seNice delivery.
The Trustees are drawn from a wide background, bringing together professional, commercial, and
local experience. Some members can provide a lived-experience perspective, representing a
significant proportion of the Trustee Committee. The Trustees meet formally every two months and
more frequently if operational or governance issues require it.
The Truslees are responsible for the organisation's strategy and policy framework. It delegates
that framework's day-to-day management and implementation to the Chief Executive Officer.
At least two trustees must be users of mental health services to ensure that the experience of
people who use menlal health services infoms the organisation's Governance and strategic
development.
No member of the Trustee Committee shall normally serve for more than five years without one
yearfs absen￿ from the Committee. However. the General Meeting may decide to extend the
person's membership if it so chooses.
None of the trustees received remuneration for their work as trustees, and there have been no
related party transactions.

Mind in the Vale of Glamorgan
Report of the Trustees
for the Year Ended 31 March 2024
Res
onsibilities of the Trustees
Governance and Mana
ement
The Charivs Trustees are legally responsible for its overall management and decision-making.
The Charity employs paid staff to carry out its work. and the Trustees are responsible for
monitoring and controlling their activities. The Trustees are also Directors under the Companies
Act.
The Trustees are elected annually by the charitys members at the Annual General Meeting and
form the Trustee Management Committee. The Committee also has designated members who
carry out the roles of Chair, Vice-chair. and Treasurer, and these are elected at the first Trustee
meeting after the AGM.
There can be up to 12 Trustees, of which a minimum of 2 must have lived experience of mental
health problems. Up to 12 people may be ccFopted to serve on the Commtttee.
Before the Annual General Meeting, the Charity notifies members that nominations are sought for
election to the Management Committee. Those members interested in serving are invited to meet
with the Chair to discuss the role in greater detail and also which skills a￿ needed for the
individual to contribute actively and effectively.
Following the Annual General Meeting, the Management Committee will consider its new
composition and skill mix and redress any shortcomings via advertisement and initial co-option of
interested persons. Before c&option, the would-be Trustee is invited to attend a Trustee Meeting
as an observer before becoming a co-opted member.

Mind in the Vale of Glamorgan
Report of the Trustees
for the Year Ended 31 March 2024
Our Im
act Re
ort for Services Delivered 2023-2024
SUPPORTED
. OUR SERVICES
I 'coLMSELUNO
, DA Y SERVICES
•. VELL8EVIO
7137
- PEOPLE wrrH
IIENTAL HEALTH
PROBLEMS
85
VOLUNTEERS
*' SOCIAL PRESCRIB
IPPORTED
103
PEOPLE
RETURNED TO
WORK
79
PEOPLE
REfAINED TH•
EIIPLOYMENT
PEOPLE &YTO
VOUINTEERVIG
Our outcomes
IMPROVMENT
IN MANAGIN•
hlENTAL
HEALTH
124%
INCREASE IN
WELLBEINO
ICREASE IN
' SELF4STEEII

Mind in the Vale of Glamorgan
Report of the Trustees
for the Year Ended 31 March 2024
Princi
les - How our activities deliver
ublic benefrt
The Trustees have considered the Charity Commission's guidance on public benefrt. Mind in the
Vale of Glamorgan is an independent mental health charity affiliated with Mind National. We work
with and for people who experien￿ mentsl health problems. We provide InfO￿atIOn so people
know their rights and can make informed choices.
We believe that one size doesn't fit all. We offer a holistic, person-centred service, working in
partnership wtth all agencies for the individual's benefrt.
We aim to provide accessible, adaptable, perS0n-￿ntered, and recovery-focused serrfices. People
who access our services should be actively involved in planning and delivering them.
To challenge stigma and discrimination experienced by people who are marginalised by society.
To assist people to achieve their goals and ambitions
Our Influence and Participalion Policy ensures the co-production of our seniice planning, delivery,
and governance forums and encourages us to work alongside staff as partners in our service
delivery.
Anyone can self-refer to our services onllne, by telephone, or by visiting our offices in
Barry, Penarth, or Llantwit Major.
The Ke
Ob
ectives of Mind In the Vale of Glamo
an
Person-centred provision.. to promote the individual's recovery from mental illness
and to develop their resilience to manage their mental health and wellbeing.
Provide evidence-based interventions to meet the needs of people wtth mental
illness and ensure a recovery-fcKused Servi￿ provision.
Provide a support model per the Social Care and Wellbeing Act 2014".
Continue maintaining solid links and referral arrangements with the Vale Locality
Mental Health Team, Primary Care. Voluntary and Statutory Organisations.
Provide voluntary opportunities wtthin the organisation and with exlemal voluntary
services.
Provide educational opportuntties by working in partnership with Adult Learning
Wales, offering accredited courses wtthin the communty.
Provide support with job retention., two eXperien￿d staff members offer support and
advice for people with mental health problems to maintain employment.
We are a 'Mindful Employer,, a charter for optimistic ernployees about mental
health.
To continue to challenge discrimination and stigma through campaigning and
training.

Mind in the Vale of Glamorgan
Report of the Trustees
for the Year Ended 31 March 2024
Services and si
nificant activities
Mind in the Vale offers services that cover the Vale of Glamorgan wtth offices based in Barry
(Central Vale), Penarth (Eastem Vale), and Llantwit Major (Westem Vale). We also run a Mind
Shop in Llantwtt Major that promotes the organisalion, generates funds, and provides volunteering
and training opportunities. Mind in the Vale is committed to supporting people to achieve the best
possible outcomes by offering the following..
1. Peer Support, people participate in their recovery process by engaging and socialising in a
safe and welcoming communty venue.
2. A holistic approach. providing support that looks at the whole person, not just their mental
health needs.
3. Infomiation.
4. Representation at community functions.
5. Outreach.
6. Appointments.
7. Advice.
8. Guided Self-Help from the Centre of Clinical InteNentions.
9. Partnership working with Primary and Secondary care providers.
10. Social Prescribing.
11. Counselling
12. Evidence-based interventions and outcomes.
13. Complimentary therapies.
14. Personal support.
15. Training.
16. Positive social circles.
17. Leisure opportunities.
18. Educational opportunrties.
19. Volunteering opportunities.
20. Employment opportunities.
Mind in the Vale organises and signposts people to various community activities, courses. and
groups in collaboration with Mu￿[ple communty partners.
Mind in the Vale of Glamorgan works with other agencles to avoid duplication.
We continue to receive referrals from GPS or *lf-referrals in all three Cluster Groups within the
Vale of Glamorgan - Central Vale (Bary & Sully). Eastem Vale (Dinas Powys & Penarth). and
Western Vale (Rhoose, St. Athan, LIan￿[t Major and Cowbridge).
This contract partners with GPS, PMHSS (Cardiff & Vale Primary Mental Health Support Services).
and the Cardiff & Vale Primary Mental Health Liaison Service to ensure seamless, safe, and
effective sepdice delivery.

Mind in the Vale of Glamorgan
Report of the Trustees
for the Year Ended 31 March 2024
Working closely with the Vale Locality Mental Health Team ensures pathways for patients who
may not need secondary care, ensuring available help, and working with discharge planning.
We offer guided self-help and Ccls (Centre of Clinical Interventions) for a period of 6- 8-week
courses of guided self-help sessions. The Ccls cover Assertiveness, Self Esteem. Depression,
Panic, Worry, Perfectionism, Procrastination. Social Anxiety and Distress Intoleran￿. We also
provide open-access pSyCh￿education courses - Stress Control and ACTivate Your Life- in
community venues and online.
The success of this seriice is measured using the Recovery Star, COREOM, CORE10, and
Feedback.
We welcome seff-referrals and offer support to anyone in the Vale of Glamorgan who is struggling
with mental health. We continue to partner with voluntary, communty, and statutory sep4ices.
Partnership and multi-agency working ensure support is put in Pla￿ to manage and maintain
mental health and well-being.
Mind in the Vale of Glamorgan attend Y￿ekly MDT and Referral meetings at the Vale Locality
Mental Health Team.
Peer Support
Guided Self Help
One to One support
Group Work
Training
Practical and Emotional Support
Job Retention
Counselling
The outcome measures we use are Recovery Star, COREOM, CORE10
and Feedback Fomis.
Wellbein
Social Prescribin
and Sin
le Point of Access
Central Vale GP Cluster
Mind in the Vale has secured funding to continue this valuable. much-needed Se￿1￿ in Central
Vale. This service, which mainly relies on Se￿-referra1$. frees up valuable time for GPS. Referrals
can be made online using our website, telephone, and drop-in for digttally excluded people.

Mind in the Vale of Glamorgan
Report of the Trustees
for the Year Ended 31 March 2024
Pathfinder - Fast Track
GP referrals contacted within 24 hours .
This Servi￿ ensures people are contacted within 24 hours of a GP referral. Funding has been
secured for this service. and uptake is 120 %. Again, this service offers GPS extra support wrth
patients experiencing difficutties with practical issues that must be addressed as early as possible.
The Mind Sho
Llantwit ma.or
The shop offered volunteering opportunities and was a valuable source of unrestricted funds.
Volunteering opportunrties can act as a stepping stone into external volunteering or employment.
All volunteers have a chance to receive accreditation for their roles. It also enables Mind in the
Vale to be part of a community, offering valuable infonnation to members of the public.
Mind
uali
Mark
This includes Mind's vision and values. The MQM uses a holistic framework bespoke to the Mind
family. It is rooted in Mind's values.
It assesses legal and regulatory compliance. The MQM includes the Charty Commission's
govemance, legal requirements, and other legislative obligations. The standards include good
safeguarding practices, people management, and financial and risk management.
It includes the voices of lived experience. People who've used mental heatth services are a crucial
part of the review team and process, and reviewers speak with people using an organisation's
services to find out their views.
The standards are periodically updated to ensure they remain appropriate and relevant, reflect
good practice, and account for changes in law and charty governance.
Mind in the Vale of Glamorgan was awarded the Mind Qualty Management (MQM) in January
2024. The MQM is a robust qualty assurance framework created by Mind, the mental health
charity.
MQM sets the baseline of best practice and legal Complian￿ in all areas of a local Mind's
governance and activities. To achieve the MQM, Mind in the Vale successfully met all 24 essential
standards.
The MQM assures that local Minds across England and Wales are welkrun organisations that
meet Mind's expectations of good practice and, in many cases, excel beyond those expectations. It
assures that they are healthy, ambitious, and strong in providing the highest qualty support to
people experiencing or at risk of developing mental health problems.
Mind in the Vale of Glamorgan benefrts from our CEO'S membership in the MQM Team. This
allows us to work with a knowledgeable and skilled team and receive excellent training and advice.

Mind in the Vale of Glamorgan
Report of the Trustees
for the Year Ended 31 March 2024
Financial Review and Reserves Polic
The accounts show a surplus for 2024 of £24,502 (2023 deficit £64,982) on income of £612,209
(2023 £598,038}. The unrestricted reserves have increased from £266,806 as at 1st April 2023 by
£16,075 to £282,881 as at 31st March 2024. The restricted fund brought forward of £23,747 was
increased to £32,174 at 31 st March 2024.
Mind in the Vale has a reserves policy of holding 3 to 6 months of annual expected expendtture to
cover commitments. This equals approximately £146,927 that the Trustees aspire to hold as
minimum. At the 31 st March 2024 they hold £282,881 unrestricted reserves. This equals
approximately to 5.8 months of expected average expendtture. The Reserves policy is formally
reviewed annually.
All involved in Mind in the Vale worked extremely hard in the 2023124 accounting year 3181 March
2024. The Trustees have made changes and reduced costs whilst maintaining the core services
provided by Mind in the Vale. They have remained vigilant in regard to the financial position and
have increased reserrfes and are happy the balance sheet remains strong in this financial year.
Risks Polic
The Trustees have reviewed the significant risks to the organisation and have risk management
policies in place, which are evaluated annual￿.
The Trustees ensure all our beneficiaries are dealt with properly and risks are identrfied and
minimised appropriately.
To minimise the effect on the organisation of a funding loss, the Trustees have a reserves policy to
meet possible unexpected obligations and give time to find alternative sources of funds.
Like many other chartties, Mind in the Vale of Glamorgan will face mounting challenges over the
coming years in continuing to attract funding to provide quality sepiices.
Of significant importance are:
The ability to cover core costs, maximise full cost recovery of projects and services, and look
towards altemative income Sour￿$.
The ability to maintsin an active Management Committee with clear guidelines and training
and to ensure a robust staffing structure to support the chartvs work.
Maintain Mind QualFty Management systems.
Continue to use robust Outcome Measures in line wrth Matrix Cymru guidelines.
Continue to work Close￿ and in partnership wtth primary and secondary providers to ensure
a seamless service for all beneficiaries.
To continue collaborating with local colleges and Adult Leamers Wales to offer accreditation
to all volunteers and placements.

Mind in the Vale of Glamorgan
Report of the Trustees
for th6 Year Ended 31 March 2024
To maintain a high qualty, cost-effective, recovery-focused service delivery.
To access other funding streams to enhance our service delivery.
To develop unrestricted funding streams within our current service delrvery.
To continue working collaboratively with all agencies within the Vale of Glamorgan to avoid
duplication and ensure a seamless sep4ice.
Continue to be creative with fundraising and sales to ensure unrestricted income is available.
RESPONSIBILITY OF TRUSTEES
The Trustees (who are also the directors for Company Law) are responsible for preparing financial
statements for each financial year following United Kingdom Generally Accepted Accounting
Practice. The financial statements are required by law to give an accurate and fair view of the state
of affairs of the charity and the incoming resources and application
Of resources, including the income and expenditure of the company and the surplusldeficit of the
charity for that period.
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 Charity SORP;
Make judgements and estimates that are reasonable and prudent.
State whether applicable UK Accounting standards have been followed, subject to
any material departures disclosed and explained in the financial statements.
Prepare the financial statements on the going concern basis unless It is
inappropriate to presume that the company will continue in business.
The Trustees are responsible for ensuring proper accounting records are kept which disclose with
reasonable accuracy at any time the financial posttion of the Charity and to enable them to ensure
that the financial statements compty with the Charities Act 2011 and the Companies Act 2006. The
Trustees are also responsible for safeguarding the assets of the Charity and hence taking
reasonable steps for the prevention and detection of fraud and other iffegulartties.
The trustees oversee the charity website, which was set up voluntarily by a webstte designer and
maintained by staff members. The trustees are responsible for maintaining the integrity of the
corporate and financial information included on the charitable companrfs website. Legislation in
the United Kingdom goveming the preparation arid dissemination of financial statements may differ
from legislation in other jurisdictions.
Under Charty law. as the Trustees. we ￿rtify that..
So far as we are aware. there is no relevant infomiation of which the Charity's
accountants are unaware, and
As the Trustees of the Charity, we have taken all steps to make ourselves aware of
any relevant infomation and to establish that the Charity's accountants are aware of
that infonnation.
10

Mind in the Vale of Glamorgan
Report of the Trustees
for the Year Ended 31 March 2024
The Trustees declare that they have approved the trustees. report (incorporating the directors.
report) above.
Signed on behalf of the charty's trusteesldirectors on .
K4'Jy'eLLI
i(
Kevin Canning
Chair
Caroline Chapman
CEO
11

Independent Examiner's Report to the Trustees of
Mind in the Vale of Glamorgan
Independent examinerfs report to the trustees of Mind in the Vale of
Glamorgan ('the Company.)
I report to the charity trustees on my examination of the accounts of the Company
for the year ended 31 March 2024.
Chartered
Accountants
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of
company law) you are responsible for the preparation of the accounts in accordance
with the requirements of the Companies Act 2006 ('the 2006 Act,).
Having satisfied myself that the accounts of the Company are not required to be
audited under Part 16 of the 2006 Act and are eligible for independent examination,
I report in respect of my examination of your charity's accounts as carried out under
Section 145 of the Charities Act 2011 {'the 2011 Act,). In carrying out my
examination I have followed the Directions given by the Charity Commission under
Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be
member of a listed body. I can confirm that l am qualified to undertake the
examination because l am a member of the Institute of Chartered Accountants in
England and Wales, which is one of the listed bodies.
Ile9lsteièd Ottlc•
Rodn(y H(￿Se
Gieenw(xxS C105e
Cardim Gote Bu5irEss Park
Caidltl CF23 8AA
I have completed my examination. I confirm that no matters have come to my
attention in connection with the examination giving me cause to believe..
accounting records were not kept in respect of the Company as required by
Section 386 of the 2006 Act., or
the accounts do not accord with those records., or
the accounts do not comply with the accounting requirements of Section 396 of
the 2006 Act other than any requirement that the accounts give a true and fair
view which is not a matter considered as part of an independent examination.,
or
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>).
T., [02912073 4100
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W. LQuJCc0￿iatsIs.CO.
Llie¢lors
ArKlrew Millei, FCA
Huw Poiin. FCA
Nick Toye. FCA
Mortin Knuht, CTA
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
proper understanding of the accounts to be reached.
Asyocloles
Anthony Rouin. FCA
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Mind in the Vale of Glamorgan
Statement of Financial Activities
(Incorporating an Income and Expenditure Account)
for the Year Ended 31 March 2024
2024
Total
funds
2023
Total
funds
Unrestricted Restricted
fund
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
21,853
21,853
21,075
Charitable activities
Charitable activities
11.903
490,776
502,679
476,891
Other trading activities
87,677
87,677
100,072
Total
121,433
490,776
612,209
598,038
EXPENDITURE ON
Raising funds
1,464
1,464
1,383
Charitable activities
Other trading activities
Charitable activities
18,178
68.024
18,178
568,065
30,439
631,198
500,041
Totsl
87,666
500 041
587,707
663,020
NET INCOMEI{EXPENDITURE)
Transfers betwaen funds
33,767
{9,265)
17,692
24,502
(64,982)
Net movement in funds
16,075
8,427
24,502
(64,982)
RECONCILIATION OF FUNDS
Total funds brought forward
266.806
23,747
290,553
355,535
TOTAL FUNDS CARRIED FORWARD
282,881
32,174
315,055
290,553
The notes fom part of these financial statements
13

Mind in the Vale of Glamorgan
Balance Sheet
31 March 2024
2024
2023
Notes
FIXED ASSETS
Intangible assets
Tangible assets
13
14
472
35,835
26,711
26,711
36,307
CURRENT ASSETS
Debtors
Cash at bank
15
30,242
286.586
3,263
264,296
316,828
267,559
CREDITORS
Amounts falling due within one year
16
{28,484)
(13,313)
NET CURRENT ASSETS
254,246
TOTAL ASSETS LESS CURRENT
LIABILITIES
315,055
290,553
NET ASSETS
315,055
290,553
FUNDS
Unrestricted funds
Restricted funds
18
282,881
32.174
266,806
23,747
TOTAL FUNDS
315,055
290,553
The notes form part of these financial statements
14
continued...

Mind in the Vale of Glamorgan
Balance Sheet- continued
31 March 2024
The charitable company is entitled to exemption from audit under Section 477 of the Companies
Act 2006 for the year ended 31 March 2024.
The members have not ￿qUired the company to obtain an audit of tts financial statements for the
year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.
The Irustees acknowledge their responsibilities for
(a) ensuring that the charitable company keeps accounting ￿CordS that comply with Sections
386 and 387 of the Companies Act 2006 and
(b) preparing financial statements which give a true and fair view of the state of affairs of the
charitable company as at the end of each financial year and of its surplus or deficit for each
financial year in accordance with the requirements of Sections 394 and 395 and which
otherwise comply wilh the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the charttable company.
The financial statements were approved by the Board of Trustees and authorised for issue on
and were signed on its behalf by..
K Canning -
ee
The notes fonn part of these financial statements
15

Mind in the Vale of Glamorgan
Cash Flow Statement
for the Year Ended 31 March 2024
2024
2023
Notes
Cash flows from operating activitles
Cash generated from operations
24,112
32,091)
Net cash provided byl(used in) operating
activities
24.112
32,0911
Cash flows from investing activities
Purchase of tangible fixed assets
1,822)
31,639)
Net cash used in investing activities
31,639)
Change in cash and cash
equivalents in the reporting
period
Cash and cash equlvalents at the
beginning of the reporting period
22,290
(63,730)
264,296
328,026
Cash and cash equivalents at the
end of the reporting period
286,586
264,296
The notes foTh part of these financial statements
16

Mind in the Vale of Glamorgan
Notes to the Cash Flow Statement
for the Year Ended 31 March 2024
RECONCILIATION OF NET INCOMEI(EXPENDITURE) TO NET CASH FLOW FROM
OPERATING ACTIVITIES
2024
2023
Net incomel{expenditure) for the reporting period (as per
the Statement of Financial Activities)
Adjustments for:
Depreciation charges
Loss on disposal of fixed assets
(Increase)Idecrease in debtors
Increase in creditors
24,502
{64,982)
11,322
96
(26,979)
15,171
4,963
23,159
4,769
Net cash provided byl(used in) operations
24,112
32,091)
ANALYSIS OF CHANGES IN NET FUNDS
At 114123 Cash flow At 3113124
Net cash
Cash at bank
264,296
22,290
286,586
286,586
Total
264,296
22,290
286,586
The notes form part of these financial statements
17

Mind in the Vale of Glamorgan
Notes to the Financial Ststements
for the Year Ended 31 March 2024
ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charttable company, which is a public benefit entity under
FRS 102, have been prepared in accordance with the Charities SORP (FRS 102)
'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to
charities preparing their accounts in accordan￿ with the Financial Reporting Standard
applicable in the UK and Republic of Ireland {FRS 102) (effective 1 January 2019),, Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and
Republic of Ireland, and the Companies Act 2006. The financial statements have been
prepared under the historical cost convention.
Incom8
All income is recognised in the Statement of Financial Activities once the charity has
entitlement to the funds, it is probable that the income will be received and the amount can
be measured reliably.
The following specific policies are applied to particular categories of income..
i.Voluntary income is received by way of donations and membership fees and is included
in accounts when receivable.
ii. Grants, where entrtlement is not condrtional on the delivery of a spectfic performance by
the charity, are recognised when the charty becomes uncondttionally entitled to the
grant which will normally be when the grant is actually re￿ived. Grants, where related to
the perfomiance and specific deliverables, are accounted for as the charity earns the
right to consideration by its perfon￿an￿. Deferred income represents grant monies
received for future periods and released to incoming resources in the period to which it
relates.
iii. Trading income is included when receivable.
iv. Donated services and facilities are included at the value to the charty where this can be
quantified and are material.
v. Investment income and all other income is recognised when receivable.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive
obligation committing the charity to that expendrture, tt is probable that a transfer of
economic benefits will be required in settlement and the amount of the obligation can be
measured reliably. ExpendÉture is accounted for on an accruals basis and has been
classified under headings that aggregate all cost related to the category. Where costs cannot
be directly attributed to particular headings they have been allocated to activities on a basis
consistent with the use of resources.
Intangible fixed assets
Amortisation is provided on intangible fixed assets at rates calculated to write off the cost of
each asset over its estimated useful life. Assets are originally included at cost and amortised
over three years on a straight line basis.
18
continued...

Mind in the Vale of Glamorgan
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
ACCOUNTING POLICIES - continued
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its
estimated useful life.
Equipment
Computer Equipment
25 % straight line
250k straight line
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accountlng
Unrestricted funds can be used in accordance with the charitable objectives at the discretion
of the trustees.
Restricted funds can onty be used for particular restricted purposes within the objects of the
charity. Restrictions arise when specified by the donor or when funds are raised for
particular restricted purposes.
Pension costs and other post-retirement benefits
The charitable company operates a defined contribution pension scheme. Contributions
payable to the charitable company's pension scheme are charged to the Statement of
Financial Activities in the period to which they relate.
DONATIONS AND LEGACIES
2024
2023
Donations
21,853
21,075
OTHER TRADING ACTIVITIES
2024
2023
Sale of goods and ServI￿S - Barry shop
Sale of goods and ServI￿S - Food & other
Sale of goods and ServI￿S - Western Vale shop
Income generated by fundraising
Other income - Training
8,595
3,303
73,779
24,718
2,588
67,515
5,170
81
2,000
87,677
100,072
19
continued...

Mind in the Vale of Glamorgan
Notes to the Financial Ststements - continued
for the Year Ended 31 March 2024
INCOME FROM CHARITABLE ACTIVITIES
2024
2023
Activity
Charitable activrties
Charitable activities
Grants
Counselling services
490.776
11,903
467,989
8,902
502.679
476,891
Grants received, included in the above, are as follows..
2024
2023
Cardiff & Vale University Health Board
Vale of Glamorgan Council - Barry
Vale of Glamorgan Council - Western Vale
Cardiff & Vale UHB - Tier Zero GP Cluster
Cardrff & Vale UHB & C.V. GP Cluster
Active Monitoring
Mind National
179,424
67,496
36,310
118,389
42,000
47,157
179,425
62,496
33,621
118,390
42,000
27,057
5,000
490,776
467,989
RAISING FUNDS
Raislng donations and legacies
2024
2023
Pencotre School
Cardiff marathon expenses
1,464
1,383
1,464
1,383
20
continued...

Mind in the Vale of Glamorgan
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
CHARITABLE ACTIVITIES COSTS
Direct
Costs (see
note 7)
Support
costs (see
note 8)
Totals
Other trading activities
Charitable activities
1,379
443,621
16,799
124,444
18,178
568 065
445,000
141,243
586,243
DIRECT COSTS OF CHARITABLE ACTIVITIES
2024
2023
Staff costs
Recruitment costs
Supep4ision
Slaff training
Staff travel expenses
Volunteer expenses
Business stock
409,620
920
6,767
20,197
1,525
1,917
4,054
439,950
1,280
6,718
9,244
1,389
4,978
445,000
465,603
SUPPORT COSTS
Govemance
costs
Other
Totals
Other trading activities
Charitable activities
16.799
113.440
16,799
124,444
11,004
130,239
11,004
141,243
21
continued...

Mind in the Vale of Glarnorgan
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
SUPPORT COSTS - continued
Support costs, included in the above. are as follows:
2024
2023
Other
trading Charitable
activities
activities
Total
activities
Total
activities
Rates and water
Insurance
Light and heat
Telephone
Postage and stationery
Rent & room hire
Affiliation fees & subscriptio ns
Repairs & maintenance
Motor expenses
Cleaning & PPE
Publicity & sponsorship
Entertaining
Sundry expenses
Computer expenses
Amortisation of intangible fixed
assets
Depreciation of tangible f￿ed assets
Loss on sale of tangible fixed assets
Wages
Auditors, remuneration
AGM expenses
Legal and professional fees
(900)
371
9,312
9,183
21,872
8,790
30,854
2,964
9,687
644
1.836
1.342
1.176
1.745
2.246
(529)
9,312
11,651
22,248
8,829
43,445
2,964
11,459
732
2,007
1,342
1,176
1,939
2,246
387
7,803
17,972
16,594
9,900
39,180
2,002
61,436
556
4.304
6.690
797
3,327
8,020
2,468
376
39
12,591
1,772
88
171
194
472
10,850
96
925
3,651
472
10,850
96
925
3,651
1,262
3,701
925
3,024
228
7,926
6,428
6.428
16,799
124,444
141,243
196,034
NET INCOMEI(EXPENDITURE)
Net incomel(expenditure) is stated after chargingl(crediting):
2024
2023
Audttors, remuneration
Depreciation - owned assets
Deficit on disposal of fixed assets
Website amortisation
3,65
10,850
96
472
3,024
3,701
1,262
22
continued...

Mind in the Vale of Glamorgan
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
10. TRUSTEES, REMUNERATION AND BENEFITS
There were no trustees, remuneration or other benefrts for the year ended 31 March 2024
nor for the year ended 31 March 2023.
Trustees. expenses
There were no trustees, expenses paid for the year ended 31 March 2024 nor for the year
ended 31 March 2023.
11. STAFF COSTS
2024
2023
Wages and salartes
Social security costs
Other pension costs
372,287
28,085
10,173
399,074
31,706
10,095
410,545
440,875
The average monthly number of employees during the year was as follows:
2024
12
2023
16
Charitable activities
Governance costs
13
17
No employees received emoluments in excess of £60.000.
12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
Restricted
fund
funds
Total
funds
INCOME AND ENDOVVMENTS FROM
Donations and legacies
21,075
21,075
Charitsble activities
Charitable activities
8,902
467,989
476,891
Other trading activities
100,072
100.072
Total
130,049
467,989
598,038
EXPENDITURE ON
Raising funds
1.383
1,383
23
continued...

Mind in the Vale of Glamorgan
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES -
continued
Unrestricted
fund
Restricted
funds
Total
funds
Charitable activities
Other trading activtties
Charttable activities
30,439
8.362
30,439
631,198
622.836
Totsl
38,801
624,219
663,020
NET INCOMEI(EXPENDITURE)
Transfers between funds
91,248
38,846)
(156,230)
38,846
(64,982)
Net movement in funds
52.402
(117.384)
(64,982)
RECONCILIATION OF FUNDS
Total funds brought fO￿ard
214.404
141.131
355,535
TOTAL FUNDS CARRIED
FORWARD
266.806
23.747
290,553
13. INTANGIBLE FIXED ASSETS
Website
COST
At 1 April 2023 and 31 March 2024
3,785
AMORTISATION
At 1 April 2023
Charge for year
3,313
472
At 31 March 2024
3,785
NET BOOK VALUE
At 31 March 2024
At 31 March 2023
472
24
continued...

Mind in the Vale of Glamorgan
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
14. TANGIBLE FIXED ASSETS
Motor
Computer
vehicles equipment
Equipment
Totals
COST
At 1 April 2023
Additions
Disposals
28,801
336
4,701
55,277
1,486
88,779
1,822
At 31 March 2024
29.016
4.701
56,763
90,480
DEPRECIATION
At 1 April 2023
Charge for year
Eliminated on disposal
23,910
1,307
25)
4,701
24,333
9,543
52,944
10.850
25)
At 31 March 2024
25,192
4,701
33,876
63.769
NET BOOK VALUE
At 31 March 2024
3,824
22,887
26,711
At 31 March 2023
4,891
30,944
35,835
15. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Trade debtors
Other debtors
Prepayments
20
25,951
4,271
1,992
1,271
30,242
3,263
25
continued...

Mind in the Vale of Glamorgan
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
16. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024
2023
Trade creditors
Other creditors
Accruals and deferred income
14,222
8,184
6,078
7,997
1,280
4,036
28,484
13,313
17. ANALYSIS OF NET ASSETS BETWEEN FUNDS
2024
Total
funds
2023
Total
funds
Unrestricted Restricted
fund
funds
Fixed assets
Current assetsl(liabilities)
1,845
281,036
24,866
7,308
26.711
288.344
36,307
254,246
282,881
32,174
315 055
290,553
18. MOVEMENT IN FUNDS
Net
movement
in funds
Transfers
between
funds At 3113124
At 114123
Unrestricted funds
General fund
266,806
33,767
(17,692)
282,881
Restricted funds
Day servI￿s
GP Centred
Waterloo foundation
Mind National - Equipment
Active Monitoring
17,502
4,334
472
1,139
300
(11,721)
(3,163)
(472)
(1,139)
7,230
14,499
3,193
20,280
4,364
7,530
23,747
9,265)
17.692
32,174
TOTAL FUNDS
290,553
24,502
312,055
Mind in the Value used their own unrestricted reserves as a contribution towards the
running costs of the Day serVi￿S and GP Centred projects.
26
continued...

Mind in the Vale of Glamorgan
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
18. MOVEMENT IN FUNDS- continued
Net movement in funds, included in the above are as follows..
Incoming Resources
resources
expended
Movement
in funds
Unrestricted funds
General fund
121,433
(87,666)
33,767
Restricted funds
Day SeNices
GP Centred
Waterloo foundation
Mind National - Equipment
Active Monitoring
283,230
160.389
(294,951) (11,721)
(163,552)
(3,163)
{472)
(472)
(1,139)
(1,139)
39,927)
7,230
47,157
490,776
TOTAL FUNDS
612.209
587.707)
24,502
Comparatives for movement in funds
Net
movement
in funds
Transfers
between
funds At 3113123
At 114122
Unrestricted funds
General fund
214,404
91.248
(38,846)
266,806
Restricted funds
Day servI￿s
GP Centred
Morrison's Foundation
Waterloo foundation
Mind National - Equipment
Active Monitoring
72.531
49,038
15,550
1,734
2.278
(95,126)
(61,937)
(3,730)
(1,262)
(1,139)
6,964
40,097
17,233
(11,820)
17,502
4,334
472
1,139
300
6,664)
141,131
156,230)
38,846
23.747
TOTAL FUNDS
355,535
64,982)
290,553
27
continued...

Mind in the Vale of Glamorgan
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
18. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
Incoming Resources
resources
expended
Movement
in funds
Unrestricted funds
General fund
130.049
(38,801)
91,248
Restricted funds
Day Services
GP Centred
Wellbeing & single point of acws
Morrison's Foundation
Waterloo foundation
Mind National - Equipment
Active Monitoring
Mind National - Ukraine
275.542
118,390
42,000
(370,668)
(180,327)
{42,000)
(3,730)
(1,262)
(1,139)
(20,093)
5,000)
(95,126)
(61,937)
(3,730)
(1,262)
(1,139)
6,964
27,057
5,000
467,989
624,219)
156,230)
TOTAL FUNDS
598,038
663,020)
64,982)
A current year 12 months and prior year 12 months combined position is as follows:
Net
movement
in funds
Transfers
between
funds At 3113124
At 114122
Unrestricted funds
General fund
214,404
125,015
(56.538)
282,881
Restricted funds
Day Services
GP Centred
Morrison's Foundation
Waterloo foundation
Mind National - Equipment
Active Monitoring
72,531
49,038
15,550
1,734
2,278
(106,847)
(65,100)
(3,730)
(1,734)
{2,278)
14,194
54,596
20.426
(11,820)
20,280
4,364
6.664)
7,530
141,131
165,495)
56.538
32,174
TOTAL FUNDS
355.535
40,480)
315,055
28
continued...

Mind in the Vale of Glamorgan
Notes to the Financial Statements - continued
for the Year Ended 31 March 2024
18. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds,
included in the above are as follows..
Incoming Resources
resources
expended
Movement
in funds
Unrestricted funds
General fund
251,482
(126,467)
125,015
Restricted funds
Day servI￿s
GP Centred
Wellbeing & single point of acws
Morrison's Foundation
Waterloo foundation
Mind National - Equipment
Active Monitoring
Mind National - Ukraine
558,772
278,779
42,000
(665,619) (106,847)
(343,879)
(65,100)
(42,000)
{3,730)
(1,734}
(2,278)
(60,020)
5,000)
(3,730)
(1,734)
(2,278)
14,194
74,214
5,000
958,765 (1,124,260)
165,495)
TOTAL FUNDS
1,210.247 (1,250.727)
40,480)
19. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2024.
29

Mind in the Vale of Glamorgan
Detailed Statement of Financial Activities
for the Year Ended 31 March 2024
2024
2023
INCOME AND ENDOWMENTS
Donations and legacies
Donations
21,853
21.075
other trading activities
Sale of goods and services- Bary shop
Sale of goods and servI￿s- Food & other
Sale of goods and servI￿S - Westem Vale shop
Income generated by fundraising
Other income - Training
8,595
3,303
73,779
24,718
2,588
67,515
5,170
81
2,000
87,677
100,072
Charitable activities
Grants
Counselling ServI￿S
490,776
11,903
467.989
8,902
502,679
476,891
Totsl incoming resources
612,209
598,038
EXPENDITURE
Raising donations and legacies
Pencotre School
Cardiff marathon expenses
1,464
1.383
1,464
1,383
Charitable activities
Wages
Social security
Pensions
Recruitment costs
Supervision
staff training
Staff travel expenses
Carried fotward
371,362
28,085
10,173
920
6,767
20,197
1,525
439,029
398,149
31,706
10,095
1,280
6,718
9,244
1,389
458,581
This page does not form part of the statutory financial statements
30

Mind in the Vale of Glamorgan
Detsiled Statement of Financial Activities
for the Year Ended 31 March 2024
2024
2023
Charitable activities
Brought forward
Volunteer expenses
Business stock
439,029
1,917
4,054
458,581
2,044
4,978
445,000
465,603
Support costs
Other
Rates and water
Insurance
Light and heat
Telephone
Postage and stationery
Rent & room hire
Affiliation fees & subscriptions
Repairs & maintenance
Motor expenses
Cleaning & PPE
Publicity & sponsorship
Entertaining
Sundry expenses
Computer expenses
Amortisation of intangible fixed assets
Depreciation of tangible fixed assets
Loss on sale of tangible fixed assets
(5291
9,312
11,651
22,248
8,829
43,445
2,964
11,459
732
2,007
1,342
1,176
1,939
2,246
472
10,850
96
387
7,803
17,972
16,594
9,900
39,180
2,002
61,436
556
4,304
6,690
797
3,327
8,020
1,262
3,701
130,239
183,931
Governance costs
Wages
Auditors, remuneration
AGM expenses
Legal and professional fees
925
3,651
925
3,024
228
7,926
6,428
11,004
12,103
Total resources expended
587,707
663,020
Net incomel(expenditure)
24,502
64,982)
This page does not form part of the statutory financial statements
31