REGISTERED COMPANY NUMBER: 03180757 (England and Wales)
REGISTERED CHARITY NUMBER: 1066411
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Report of the Trustees and
Financial Statements for the Year Ended 31 March 2025
for
Mind in the Vale of Glamorgan
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Mind in the Vale of Glamorgan
Contents of the Financial Statements
for the Year Ended 31 March 2025
Report of the Trustees
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Cash Flow Statement
Notes to the Cash Flow Statement
Notes to the Financial Statements
Detailed Statement of Financial Activities
Page
1 to 15
16
17
18 to 19
20
21
22 to 33
34 to 35

Mind in the Vale of Glamorgan
Report of the Trustees
for the Year Ended 31 March 2025
The trustees who are also directors of the charity for the purposes of the Companies Act 2006
present their report with the financial statements of the charity for the year ended 31 March 2025
The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of
Recommended Practice applicable to charities preparing their accounts in accordance with the
Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1
January 2019).
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited
company, limited by guarantee, as defined by the Companies Act 2006.
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 Coleman
Dr K Doherty
J M Lewis
S J Reynolds
C Windle
Company Secretary
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
B1 2HB
1

Mind in the Vale of Glamorgan
Report of the Trustees
for the Year Ended 31 March 2025
mind in the Vale of Glamorgan
ANNUAL TRUSTEES REPORT FOR THE YEAR ENDED 31 MARCH 2025
The Trustees, also Directors of the Charity for the Companies Act, present their report and
financial statements for the year ended 31st March 2025.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing 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 1st
April 1996.
The Company was established under a Memorandum of Association, which
established the objects and 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 proud to be affiliated with Mind, the national mental health
charity. While we share the same values and commitment to supporting better mental health for all,
we operate as an independent charity with our board of trustees, governance structures, and
income generation strategies. This allows us to tailor our services to meet the specific needs of our
local community while benefiting from the strength, guidance, and resources of the wider Mind
network.
Recruitment and Appointment of the Management 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 Glamorgan and its service delivery.
The Trustees are drawn from a diverse range of backgrounds, bringing together professional,
commercial, and local expertise. Some members can provide a lived-experience perspective,
representing a significant proportion of the Trustee Committee. The Trustees meet formally every
quarter and more frequently if operational or governance issues require it
The Trustees 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 mental health services informs the organisation's Governance and strategic
development.
2

Mind in the Vale of Glamorgan
Report of the Trustees
for the Year Ended 31 March 2025
No member of the Trustee Committee shall normally serve for more than five years without a
one-year absence 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.
Responsibilities of the Trustees (Governance and Management)
The Charity's 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 charity's 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 positions are elected at the first
Trustee meeting following the Annual General Meeting (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 co-opted to serve on the Committee.
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, as well as the skills required 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 address any shortcomings through advertisements and the initial
co-option of interested persons. Before co-option, the would-be Trustee is invited to attend a
Trustee Meeting as an observer before becoming a co-opted member.
3

Mind in the Vale of Glamorgan
Report of the Trustees
for the Year Ended 31 March 2025
Our Impact Report for Services Delivered 2024-2025
supported
5,983
people with
mental health
problems
worked with
78
volunteers
across our
services & shops
supported
92
people into
volunteering
112
people
returned
to work
Our outcomes:
89% 1
increase in ability
to manage mental
health and
wellbeing across
all services
80% T
increase in
self-esteem
across all
services
4
Our services:
- Counselling
- Day services
- Wellbeing
- Guided Self-Help
- Social Prescribing
86
people
retained
work
131%1
increase in
wellbeing
across all
services

Mind in the Vale of Glamorgan
Report of the Trustees
for the Year Ended 31 March 2025
OBJECTIVES AND ACTIVITIES
Principles - How our activities deliver public benefit
The Trustees have carefully considered the Charity Commission's guidance on public benefit. Mind
in the Vale of Glamorgan is an independent mental health charity affiliated with Mind nationally.
We exist to support people experiencing mental health problems by providing information,
guidance, and services that empower individuals to understand their rights and make informed
We recognise that mental health support must be tailored to the individual. Our approach is holistic
and person-centred, offering services that are accessible, adaptable, and focused on recovery. We
work in partnership with other agencies to ensure the best outcomes for everyone.
We are committed to challenging stigma and discrimination, particularly as experienced by people
who are marginalised within society. We aim to support individuals in achieving their goals and
ambitions, regardless of their nature.
Our Influence and Participation Policy underpins a co-productive approach to everything we do. It
ensures that people with lived experience are at the heart of planning, delivering, and shaping our
services and governance. We believe that working alongside individuals as equal partners is key to
providing meaningful and effective mental health support.
Anyone can refer themselves to our services by visiting our website, calling us by phone,
or visiting our offices in Barry, Penarth, or Llantwit Major. We are committed to being
accessible to everyone, including those who are digitally excluded.
Our Environment
We have undertaken extensive work on environmental sustainability in partnership with Michelle
from Mind National's MQM Team. This collaboration has enabled us to understand better and
quantity our carbon footprint, laying the groundwork for meaningful action to reduce our
environmental impact. In addition to our Environmental Policy, we have developed an ongoing
Carbon Reduction Plan.
The Key Objectives of Mind in the Vale of Glamorgan
Our Commitment to Recovery-Focused Mental Health Support
At the heart of our work is a commitment to delivering high-quality, person-centred services that
support individuals in managing their mental health, building resilience, and living meaningful lives.
Our approach is rooted in evidence-based practice, strong partnerships, and a deep understanding
of the diverse needs within our community.
Person-Centred Support
We provide personalised, recovery-oriented services that empower individuals to take an active
role in managing their mental health and wellbeing. Our support is tailored to each person's
strengths, needs, and aspirations.
5

Mind in the Vale of Glamorgan
Report of the Trustees
for the Year Ended 31 March 2025
Evidence-Based Interventions
All our services are grounded in current research and best practice to ensure a recovery-focused
support that meets the complex and evolving needs of those we serve.
Legislative Alignment
Our provision is fully aligned with the principles of the Social Services and Well-being (Wales) Act
2014, promoting choice, independence, and holistic support across all areas of care.
Integrated Working
We maintain strong and effective partnerships with the Vale Locality Mental Health Team, Primary
Care services, and a wide range of voluntary and statutory organisations. These relationships
enable us to provide seamless and coordinated support pathways.
Volunteering Pathways
We offer meaningful volunteering opportunities both within our organisation and in collaboration
with external partners. These roles support personal growth, confidence, and social connection,
and are facilitated by experienced, well-trained, and compassionate staff.
Lifelong Learning
We collaborate with a broad range of educational providers, including Adult Learning Wales, to
deliver inclusive and accessible accredited learning opportunities. These programmes support
personal development, skill-building, and community engagement, guided by our dedicated team
of experienced and compassionate professionals.
Employment Retention Support
Our specialist staff provide tailored advice and practical support to help individuals experiencing
mental health challenges maintain meaningful and sustainable employment.
Mindful Employer Charter
As a signatory to the Mindful Employer Charter, we are committed to creating a workplace culture
that is inclusive, supportive, and responsive to the mental health needs of staff and volunteers.
Challenging Stigma and Discrimination
We are dedicated to reducing stigma and discrimination associated with mental illness through
public campaigning, community engagement, and professional training programmes.
Social Prescribing
We embrace a social prescribing approach by connecting individuals with non-clinical community
resources and activities that support their well-being. By harnessing the strengths of our local
community, we help people build meaningful connections and improve their quality of life.
6

Mind in the Vale of Glamorgan
Report of the Trustees
for the Year Ended 31 March 2025
Services and significant activities
Mind in the Vale offers services that cover the Vale of Glamorgan with offices based in Barry
(Central Vale), Penarth (Eastern Vale), and Llantwit Major (Western Vale). We also run a Mind
Shop in Llantwit Major that promotes the organisation, generates unrestricted 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 in and socialising in a
safe and welcoming community venue.
2. A holistic approach, providing support that looks at the whole person, not just their mental
health needs.
3. Information.
4.
Representation at community functions.
5. Outreach.
6. Appointments.
7. Advice.
8. Guided Self-Help from the Centre of Clinical Interventions.
9. Partnership working with Primary and Secondary care providers.
10. Social Prescribing
11. Counselling.
12. Evidence-based interventions and outcomes.
13. Complementary therapies.
14. Personal support.
15. Training.
16. Positive social circles.
17. Leisure opportunities.
18. Educational opportunities.
19. Volunteering opportunities.
20. Employment opportunities.
Mind in the Vale organises and signposts people to various community activities, courses, and
groups in collaboration with multiple community partners.
Mind in the Vale of Glamorgan works with other agencies to avoid duplication.
Tier 0 Guided Self-Help (Centre of Clinical Interventions) and Social Prescribing
Referrals continue to be received from GPs and through self-referral across all three Cluster
Groups within the Vale of Glamorgan: Central Vale (Barry and Sully), Eastern Vale (Dinas Powys
and Penarth), and Western Vale (Rhoose, St. Athan, Llantwit Major, and Cowbridge).
The service is delivered in partnership with GPs, Cardiff and Vale Primary Mental Health Support
Services (PMHSS), and the Primary Mental Health Liaison Service, ensuring safe, effective, and
integrated care.
7

Mind in the Vale of Glamorgan
Report of the Trustees
for the Year Ended 31 March 2025
The service offers guided self-help, including weekly programs based on materials from the Centre
for Clinical Interventions (CCI). These cover topics such as Assertiveness, Self-Esteem,
Depression, Panic, Worry, Perfectionism, Procrastination, Social Anxiety, and Distress Tolerance.
Open-access psychoeducational courses-Stress Control and ACT-ion for Living —are also
available in both community settings and online.
Outcomes are measured using the Recovery Star, CORE-OM, CORE-10, and participant
feedback.
Community Opportunity Day Services
Mind in the Vale of Glamorgan - Support and Partnerships
Mind in the Vale of Glamorgan welcomes self-referrals and provides support to anyone in the Vale
of Glamorgan who is experiencing mental health challenges. The organisation works in partnership
with voluntary, community, and statutory services to ensure individuals receive the support they
need to manage and maintain their mental health and well-being.
Close collaboration with the Vale Locality Mental Health Team enables the development of care
pathways for individuals who may not require secondary mental health services, supports
discharge planning, and facilitates timely access to appropriate support.
Mind in the Vale of Glamorgan attends weekly Multi-Disciplinary Team (MDT) and Referral
meetings with the Vale Locality Mental Health Team to support integrated, coordinated care.
The organisation offers a broad range of services, including:
• Peer Support
• Guided Self-Help
• One-to-One Support
• Group Work
• Training
• Practical and Emotional Support
• Job Retention Services
• Counselling
• Social Prescribing
• Anger Management
Mind in the Vale of Glamorgan provides a dedicated Peer Support service delivered by trained
individuals with lived experience of mental health challenges. These Peer Support Workers are
fully integrated into the organisation, bringing valuable insight, empathy, and understanding to their
roles. Their unique perspective helps to foster trust, connection, and hope among those accessing
services, and their contribution is both respected and central to the team's person-centred
approach.
Outcomes are measured using tools such as the Recovery Star, CORE-OM, and CORE-10,
alongside feedback forms available in both online and paper formats.
8

Mind in the Vale of Glamorgan
Report of the Trustees
for the Year Ended 31 March 2025
Wellbeing, Social Prescribing and Single Point of Access (Central Vale GP Cluster)
Mind in the Vale has secured funding to continue its valuable and much-needed service in the
Central Vale area. The service is designed to support individuals experiencing low-level mental
health challenges, including those who are socially isolated or lacking a support network.
By providing early intervention and emotional support, the service helps individuals manage their
mental well-being before issues escalate. It also alleviates pressure on local GPs by offering an
accessible and community-based alternative. Most referrals are self-initiated, demonstrating the
service's approachability and effectiveness.
In addition to signposting and referring individuals to other relevant organisations, the service
places a strong emphasis on community connection. It supports people in re-engaging with local
activities, building confidence, and developing meaningful social connections, which helps reduce
loneliness and fosters a sense of belonging.
Mind in the Vale is committed to ensuring that no one is left behind. In addition to online and
telephone referrals, in-person referrals are available for those who are digitally excluded. The team
also works with local partners to identify and support individuals who may be disconnected or hard
to reach.
Whether someone needs a listening ear, support in navigating services, or help reconnecting with
their community, this service offers a compassionate and reliable source of help.
Pathfinder - Fast Track (GP referrals contacted within 24 hours).
This service operates in conjunction with the Tier 0 and Social Prescribing contracts, forming a key
part of our comprehensive support offer within primary care. It ensures that individuals referred by
their GP are contacted within 24 hours, providing timely intervention at a critical point in their
journey.
Funding has been secured to maintain and deliver this service, which has already seen significant
demand, currently running at 120% uptake. This intense engagement reflects the essential nature
of the support offered.
By addressing practical issues that can often exacerbate mental health challenges, such as
housing, financial concerns, or social isolation, this service provides GPs with additional,
much-needed capacity. It enables a swift and targeted response for patients experiencing
difficulties, ensuring that these challenges are addressed as early as possible to prevent escalation
and support better outcomes.
9

Mind in the Vale of Glamorgan
Report of the Trustees
for the Year Ended 31 March 2025
The Mind Shop - Llantwit Major
The shop in Llantwit Major plays a vital role in placing Mind in the Vale at the very heart of the
community. As a visible and welcoming presence on the high street, it not only raised
much-needed unrestricted funds to support our services but also served as a central hub for local
information and engagement. Located in the heart of the multi-cultural Western Vale, the shop
provided an excellent platform to advertise and promote the many community initiatives taking
place across the region, helping to connect people from all backgrounds with the support and
activities available to them.
One of the shop's greatest strengths was its ability to offer meaningful volunteering opportunities.
These roles allowed individuals to develop confidence, gain valuable skills, and become part of a
supportive and inclusive team environment. For many, volunteering in the shop acted as a
stepping stone into wider volunteering opportunities or paid employment. All volunteers had the
chance to gain formal accreditation for their roles, further enhancing their personal development
By offering these opportunities and acting as a gateway to support and information, the Llantwit
Major shop enabled Mind in the Vale to be a truly embedded part of the community. It was not just
a retail space, but a place where people feel connected, supported, and informed.
Counselling Service
Our Counselling Service continues to provide affordable, accessible support to individuals across
the Vale of Glamorgan.
In line with BACP (British Association for Counselling and Psychotherapy) ethical guidelines, the
service is delivered by a dedicated team of qualified counsellors and student counsellors on
placement.
The service is fully funded by the organisation and reflects our commitment to improving mental
health and emotional well-being within the local community.
10

Mind in the Vale of Glamorgan
Report of the Trustees
for the Year Ended 31 March 2025
Mind Quality Mark
Mind in the Vale of Glamorgan: MQM Award Winners for Monitoring and Evaluation
In January 2024, Mind in the Vale of Glamorgan was awarded the Mind Quality Management
(MQM) accreditation-Mind's robust, values-driven quality assurance process that evaluates every
aspect of a local Mind's governance, leadership, and service delivery. This recognition is
strengthened by our CEO's active engagement in the national MQM Team, which provides access
to expert advice, peer learning, and cutting-edge developments in the sector.
We received recognition for our strength in Monitoring and Evaluation, where the hallmarks of our
approach are expertise, vision, creativity, and commitment.
Our monitoring systems are underpinned by a comprehensive database that enables us to capture
and analyse a wide range of information. This includes:
• Equity, Diversity, and Inclusion (EDI)
• A person's journey through our services
• Social prescribing pathways and outcomes
• Risk management
• Robust outcome measures to assess impact and inform service development
This system supports reflective practice, ensures accountability, and places lived experience at the
heart of what we do.
Building on the pioneering work of Derbyshire Mind, we also developed a bespoke reporting
dashboard to provide our Board with clear and timely insights. Now used across other local Minds,
this dashboard aligns with Mind's vision and values, offering a structured approach to governance
and performance oversight.
The MQM framework is holistic and grounded in Mind's values. It assesses:
• Legal and regulatory compliance, including Charity Commission governance and legislative
requirements
• High standards in safeguarding, people management, and financial and risk oversight
• Active involvement of people with lived experience, with reviewers speaking directly to those
using services to gather their views
The standards are regularly reviewed and updated to ensure they reflect current legislation, good
practice, and the evolving needs of the sector.
By successfully meeting all 24 essential standards, Mind in the Vale of Glamorgan has
demonstrated its position as a well-governed, high-performing, and forward-thinking organisation,
delivering exceptional mental health support to those who need it most.
Our continued involvement in the MQM network ensures we remain connected, informed, and
ambitious, committed to improvement and excellence across all areas of our work.
11

Mind in the Vale of Glamorgan
Report of the Trustees
for the Year Ended 31 March 2025
Financial Review and Reserves Policy
The accounts show a deficit for 2025 year of £25,759 (2024 surplus £24,502) on income of
£577,641 (2024 £612,209). The unrestricted reserves have decreased from £282,881 as at 1st
April 2024 by £10,990 to £271,891 as at 31st March 2025. The restricted fund bought forward of
£32,174 was reduced to £17,405 at 31st March 2025.
Mind in the Vale has a reserves policy of holding 3 to 6 months of annual expected expenditure to
cover commitments. This equals approximately £150,850 that the Trustees aspire to hold as a
minimum. At the 31st March 2025 they hold £271,891 unrestricted reserves. This equals
approximately to 5.4 months of expected average expenditure. The Reserves policy is formally
reviewed annually.
All involved in Mind in the Vale worked extremely hard in the 2024/25 accounting year 31st March
2025. 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 reserves and are happy the balance sheet remains strong in this financial year.
Risks Policy
The Trustees have reviewed the significant risks to the organisation and have risk management
policies in place, which are evaluated annually.
The Trustees ensure that all our beneficiaries are treated correctly and that risks are identified 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.
12

Mind in the Vale of Glamorgan
Report of the Trustees
for the Year Ended 31 March 2025
PLANS FOR THE FUTURE
Like many other charities, Mind in the Vale of Glamorgan will face growing challenges over the
coming years in securing the funding required to deliver high-quality services. However, we remain
committed to meeting these challenges head-on. We work closely with our commissioners to
develop and improve our services, and we recognise that the next few years will bring significant
changechange we welcome as an opportunity for growth and innovation.
We are also committed to strengthening our connection with the communities we serve, ensuring
that our services are not only aligned with the priorities of our commissioners but also truly
responsive to the needs and aspirations of local people.
Key priorities for us include:
• Ensuring we can cover core costs, maximise full cost recovery across all projects and services,
and identify alternative income sources.
• Maintaining an active, well-supported Management Committee with clear governance
guidelines and access to ongoing training.
• Preserving a strong and resilient staffing structure capable of supporting our expanding work.
• Upholding the Mind Quality Management (MQM) systems across all areas of delivery.
• Continuing to use robust outcome measures in line with Matrix Cymru guidelines.
• Strengthening partnerships with both primary and secondary care providers to ensure a
seamless experience for our service users.
• Collaborating with local colleges and Adult Learners Wales to provide accreditation
opportunities for volunteers and placements.
• Delivering a high-quality, cost-effective, recovery-focused service.
• Seeking and securing new funding streams to broaden and enhance service delivery.
• Developing unrestricted income opportunities within existing services.
• Working collaboratively with all local agencies to prevent duplication and ensure coordinated,
efficient service provision.
• Continuing to be innovative and resourceful in our approach to fundraising and sales, to
generate unrestricted income.
• Deepening our community engagement to ensure services are inclusive, culturally appropriate,
and truly reflect the diverse needs of the Vale of Glamorgan.
We remain dedicated to adapting, evolving, and responding to the needs of our community,
ensuring our services remain sustainable, impactful, and accessible to all who need them.
13

Mind in the Vale of Glamorgan
Report of the Trustees
for the Year Ended 31 March 2025
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 applications.
Of resources, including the income and expenditure of the company and the surplus/deficit 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 a going-concern basis unless it is inappropriate to presume
that the company will continue in business.
The Trustees are responsible for ensuring that proper accounting records are kept, which disclose,
with reasonable accuracy, the financial position of the Charity at any time, and to enable them to
ensure that the financial statements comply with the Charities Act 2011 and the Companies Act
2006. The Trustees are also responsible for safeguarding the assets of the Charity and, therefore,
taking reasonable steps to prevent and detect fraud and other irregularities.
The trustees oversee the charity website, which was set up voluntarily by a website designer and
is maintained by staff members. The trustees are responsible for maintaining the integrity of the
corporate and financial information included on the charitable company's website. Legislation in
the United Kingdom governing the preparation and dissemination of financial statements may differ
from legislation in other jurisdictions.
Under Charity law, as the Trustees, we certify that:
• So far as we are aware, there is no relevant information 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
information and to establish that the Charity's accountants are aware of that information.
14

Mind in the Vale of Glamorgan
Report of the Trustees
for the Year Ended 31 March 2025
The Trustees declare that they have approved the trustees' report (incorporating the directors'
report) above.
Signed on behalf of the charity's trustees/directors on
4h Decenibar 2025
Kevin Canning
Chair
Caroline Chapman
CEO
.. C Chopmen
15

Independent Examiner's Report to the Trustees of
Mind in the Vale of Glamorgan
Independent examiner's 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 2025.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of
company law) you are responsible for the preparation of the accounts in accordance
with the requirements of the Companies Act 2006 (the 2006 Act).
Having satisfied myself that the accounts of the Company are not required to be
audited under Part 16 of the 2006 Act and are eligible for independent examination, 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 /
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 a
member of a listed body. I can confirm that I am qualified to undertake the examination
because | am a member of the Institute of Chartered Accountants in England and
Wales, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention
in connection with the examination giving me cause to believe:
1. accounting records were not kept in respect of the Company as required by
Section 386 of the 2006 Act; or
2.
3.
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
4.
the accounts have not been prepared in accordance with the methods and
principles of the Statement of Recommended Practice for accounting and
reporting by charities (applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland (FRS 102)).
I have no concerns and have come across no other matters in connection with the
examination to which attention should be drawn in this report in order to enable a
proper understanding of the accounts to be reached.
At ali.
John Huw Palin FCA
The Institute of Chartered Accountants in England and Wales
BPU Limited
Chartered Accountants
4 December 2025
Date: ...
16
business potential unleashed
bpu
Chartered
Accountants
Radnor House
Greenwood Close
Cardiff Gate Business Park
Cardiff CF23 8AA
Registered to carry on audit work
in the UK and regulated for a range
of investment business activities by
the institute of Chartered Accountants
in England and Wales.
bpu Chartered Accountants is
a trading name of BPU Ltd
Company Number 3723948
Registered in Wales.
A list of directors is available from the
registered office above.

Mind in the Vale of Glamorgan
Statement of Financial Activities
(Incorporating an Income and Expenditure Account)
for the Year Ended 31 March 2025
Unrestricted
INCOME AND ENDOWMENTS FROM
Donations and legacies
Charitable activities
Charitable activities
Other trading activities
Total
EXPENDITURE ON
Raising funds
Charitable activities
Other trading activities
Charitable activities
Total
NET INCOME/(EXPENDITURE)
Transfers between funds
Net movement in funds
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD
Notes
2
4
3
5
6
18
7,371
12,530
65,463
85,364
630
18,979
3,460
23,069
62,295
(73,285)
(10,990)
282,881
271,891
Restricted
funds
1,787
487,632
2,858
492,277
554
579,777
580,331
(88,054)
73,285
(14,769)
32,174
17,405
2025
Total
funds
9,158
500,162
68,321
577,641
1,184
18,979
583,237
603,400
(25,759)
(25,759)
315,055
289,296
The notes form part of these financial statements
17
2024
Total
funds
21,850
502,682
87,677
612,209
1,464
18,178
568,065
587,707
24,502
24,502
290,553
315,055

Mind in the Vale of Glamorgan
Balance Sheet
31 March 2025
FIXED ASSETS
Tangible assets
CURRENT ASSETS
Debtors
Cash at bank
Notes
14
15
CREDITORS
Amounts falling due within one year
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
NET ASSETS
FUNDS
Unrestricted funds
Restricted funds
TOTAL FUNDS
16
2025
€
24,152
66,467
217,503
283,970
(18,826)
265,144
2024
26,711
30,242
286,586
316,828
(28,484)
288,344
18
289,296
289,296
271,891
17,405
289,296
315,055
315,055
282,881
32,174
315,055
The notes form part of these financial statements
18
continued...

Mind in the Vale of Glamorgan
Balance Sheet - continued
31 March 2025
The charitable company is entitled to exemption from audit under Section 477 of the Companies
Act 2006 for the year ended 31 March 2025.
The members have not required the company to obtain an audit of its financial statements for the
year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
ensuring that the charitable company keeps accounting records 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 with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the charitable company.
The financial statements were approved by the Board of Trustees and authorised for issue on
.4DeCember.2o25 and were signed on its behalf by:
Klan
K Canning - Trustee
The notes form part of these financial statements
19

Mind in the Vale of Glamorgan
Cash Flow Statement
for the Year Ended 31 March 2025
Notes
1
Cash flows from operating activities
Cash generated from operations
Net cash (used in)/provided by operating
activities
2025
€
(60,613)
(60,613)
Cash flows from investing activities
Purchase of tangible fixed assets
Net cash used in investing activities
(8,470)
(8,470)
Change in cash and cash
equivalents in the reporting
period
Cash and cash equivalents at the
beginning of the reporting period
Cash and cash equivalents at the
end of the reporting period
(69,083)
286,586
217,503
The notes form part of these financial statements
20
2024
24,112
24,112
(1,822)
(1,822)
22,290
264,296
286,586

Mind in the Vale of Glamorgan
Notes to the Cash Flow Statement
for the Year Ended 31 March 2025
RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM
OPERATING ACTIVITIES
2025
Net (expenditure)/income for the reporting period (as per
the Statement of Financial Activities)
Adjustments for:
Depreciation charges
Loss on disposal of fixed assets
Increase in debtors
(Decrease)/increase in creditors
Net cash (used in)/provided by operations
(25,759)
11,029
(36,225)
(9,658)
(60,613)
2024
€
24,502
11,322
96
(26,979)
15,171
24,112
ANALYSIS OF CHANGES IN NET FUNDS
Net cash
Cash at bank
Total
At 1/4/24
286,586
286,586
286,586
Cash flow
At 31/3/25
€
€
(69,083)
217,503
(69,083)
217,503
(69,083)
217,503
The notes form part of these financial statements
21

Mind in the Vale of Glamorgan
Notes to the Financial Statements
for the Year Ended 31 March 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
'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)', 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.
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 entitlement is not conditional on the delivery of a specific performance by
the charity, are recognised when the charity becomes unconditionally entitled to the grant
which will normally be when the grant is actually received. Grants, where related to the
performance and specific deliverables, are accounted for as the charity earns the right to
consideration by its performance. Deferred income represents grant monies received for
future periods and released to incoming resources in the period to which it relates.
Ill) Trading income is included when receivable.
iv) Donated services and facilities are included at the value to the charity 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 expenditure, it is probable that a transfer of
economic benefits will be required in settlement and the amount of the obligation can be
measured reliably. Expenditure is accounted for on an accruals basis and has been
classified under headings that aggregate all cost related to the category. Where costs cannot
be directly attributed to particular headings they have been allocated to activities on a basis
consistent with the use of resources.
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.
22
continued...

Mind in the Vale of Glamorgan
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
1. 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.
Property improvement -
Equipment
Computer equipment -
25% straight line
25% straight line
25% straight line
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion
of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the
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.
2. DONATIONS AND LEGACIES
Donations
2025
€
9,158
2024
21,850
3. OTHER TRADING ACTIVITIES
Sale of goods and services - Barry shop
Sale of goods and services - Food & other
Sale of goods and services - Western Vale shop
Other income - Training
2025
-
2,858
64,771
692
68,321
2024
8,595
3,303
73,779
2,000
87,677
23
continued...

Mind in the Vale of Glamorgan
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
INCOME FROM CHARITABLE ACTIVITIES
Activity
Grants
Counselling services
Charitable activities
Charitable activities
Grants received, included in the above, are as follows:
Cardiff & Vale University Health Board
Vale of Glamorgan Council - Barry
Vale of Glamorgan Council - Western Vale
Cardiff & Vale UHB - Tier Zero GP Cluster
Cardiff & Vale UHB & C.V. GP Cluster
Active Monitoring
Side by Side
Mind Hardship Fund
5.
RAISING FUNDS
Raising donations and legacies
Fundraising costs
CHARITABLE ACTIVITIES COSTS
Other trading activities
Charitable activities
Direct
Costs (see
note 7)
1,250
466,440
467,690
24
2025
487,632
12,530
500,162
2024
f
490,779
11,903
502,682
2025
179,425
69,588
37,436
118,390
42,000
33,174
7,619
487,632
2024
179,425
67,496
36,310
118,390
42,000
47,158
490,779
2025
€
1,184
2024
1,464
Support
costs (see
note 8)
17,729
116,797
134,526
Totals
18,979
583,237
602,216
continued...

Mind in the Vale of Glamorgan
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
DIRECT COSTS OF CHARITABLE ACTIVITIES
Staff costs
Recruitment costs
Supervision
Staff training
Staff travel expenses
Volunteer expenses
Business stock
8. SUPPORT COSTS
Other trading activities
Charitable activities
Support costs, included in the above, are as follows:
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
Interest Paid
Amortisation of intangible fixed
assets
Carried forward
trading
activities
2,192
1,109
9,006
1,741
3,098
352
:
17,729
25
2025
441,020
937
7,744
8,583
3,529
1,952
3,925
467,690
Governance
Other
costs
17,729
108,151
-
8,646
125,880
8,646
Charitable
activities
24,239
1,831
236
883
1,354
8,972
35
2025
Total
activities
2,353
11,537
9,393
24,288
36,989
6,243
4,929
236
883
1,706
8,972
35
97,122
114,851
2024
409,620
920
6,767
20,197
1,525
1,917
4,054
445,000
Totals
17,729
116,797
134,526
2024
Total
activities
(529)
11,651
22,248
8,829
43,445
2,964
11,459
2,007
1,342
1,176
1,939
2,246
472
119,293
continued...

Mind in the Vale of Glamorgan
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
SUPPORT COSTS - continued
Brought forward
Depreciation of tangible fixed asset
oss on sale of tangible fixed asset
Wages
Auditors' remuneration
AGM expenses
Legal and professional fees
Other
trading
activities
17,729
Charitable
activities
97,122
11,029
:
: 3700
:
387
4,469
17,729
116,797
2025
Total
activities
114,851
11,029
387
4,469
134,526
2024
Total
activities
119,293
10,850
96
925
3,651
6,428
141,243
9.
NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
Auditors' remuneration
Depreciation - owned assets
Deficit on disposal of fixed assets
Website amortisation
2025
€
3,790
11,029
-
2024
3,651
10,850
96
472
10. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2025
nor for the year ended 31 March 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year
ended 31 March 2024.
26
continued...

Mind in the Vale of Glamorgan
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
11. STAFF COSTS
Wages and salaries
Social security costs
Other pension costs
2025
397,269
32,567
11,184
441,020
The average monthly number of employees during the year was as follows:
Charitable activities
Governance costs
2025
13
1
1
No employees received emoluments in excess of £60,000.
12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
Restricted
funds
INCOME AND ENDOWMENTS FROM
Donations and legacies
21,853
-
Charitable activities
Charitable activities
Other trading activities
Total
11,903
87,677
121,433
490,776
490,776
EXPENDITURE ON
Raising funds
1,464
Charitable activities
Other trading activities
Charitable activities
Total
18,178
68,024
87,666
500,041
500,041
NET INCOME/(EXPENDITURE)
Transfers between funds
Net movement in funds
33,767
(17,692)
16,075
(9,265)
17,692
8,427
2024
372,287
28,085
10,173
410,545
2024
12
1
13
Total
funds
21,853
502,679
87,677
612,209
27
1,464
18,178
568,065
587,707
24,502
24,502
continued...

Mind in the Vale of Glamorgan
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES -
continued
Unrestricted
fund
Restricted
funds
266,806
23,747
Total
funds
€
290,553
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED
FORWARD
13. INTANGIBLE FIXED ASSETS
COST
At 1 April 2024 and 31 March 2025
AMORTISATION
At 1 April 2024 and 31 March 2025
NET BOOK VALUE
At 31 March 2025
At 31 March 2024
TANGIBLE FIXED ASSETS
Improvements
to property Equipment
COST
At 1 April 2024
Additions
8,026
29,016
-
At 31 March 2025
8,026
29,016
DEPRECIATION
At 1 April 2024
Charge for year
At 31 March 2025
1,473
1,473
25,192
1,287
26,479
NET BOOK VALUE
At 31 March 2025
6,553
At 31 March 2024
2,537
3,824
28
282,881
32,174
315,055
Website
3,785
3,785
Motor Computer
vehicles
equipment
4,701
4,701
4,701
4,701
56,763
444
57,207
33,876
8,269
42,145
15,062
22,887
Totals
90,480
8,470
98,950
63,769
11,029
74,798
24,152
26,711
continued...

Mind in the Vale of Glamorgan
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
15. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
Other debtors
Prepayments
16. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Other creditors
iccruals and deferred incom
17. ANALYSIS OF NET ASSETS BETWEEN FUNDS
Unrestricted
fund
Fixed assets
Current assets/(liabilities)
7,815
264,078
271,891
Restricted
funds
16,339
1,066
17,405
29
2025
60,912
1,284
4,271
66,467
2024
20
25,951
4,271
30,242
2025
13,275
2,351
3,200
18,826
2024
14,222
8,184
6,078
28,484
2025
Total
funds
24,152
265,144
289,296
2024
Total
funds
26,711
288,344
315,055
continued...

Mind in the Vale of Glamorgan
Ports ear Ended 3a1 Saren 202 - continued
18. MOVEMENT IN FUNDS
Net
movement
At 1/4/24
in funds
Transfers
between
funds
At 31/3/25
Unrestricted funds
General fund
Restricted funds
Day Services
GP Centred
Active Monitoring
Side by Side
Mind Hardship Fund
282,881
62,295
(73,285)
271,891
TOTAL FUNDS
20,280
1.584
:
32,174
315,055
(98,620)
(1,964)
(411)
11,877
1,064
(88,054)
(25,759)
91,731
406
(6,975)
(11,877)
73,285
13,391
2,806
144
1,064
17,405
289,296
Net movement in funds, included in the above are as follows:
Incoming
resources
Unrestricted funds
General fund
85,363
Resources Movement
expended
in funds
(23,069)
62,295
Restricted funds
Day Services
GP Centred
Active Monitoring
Side by Side
Mind Hardship Fund
TOTAL FUNDS
291,095
160,389
33,174
7,619
492,277
577,641
(389,715)
(162,353)
(411)
(21,297)
(6,555)
(580,331)
(603,400)
(98,620)
(1,964)
(411)
11,877
1,064
(88,054)
(25,759)
Viind in the Vale used their own unrestricted reserves as a contribution towards the runnin
costs of the Day services and GP Centred projects
30
continued...

Mind in the Vale of Glamorgan
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
18. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
Net
Transfers
movement
between
At 1/4/23
in funds
funds
At 31/3/24
Unrestricted funds
General fund
266,806
33,767
(17,692)
282,881
Restricted funds
Day Services
GP Centred
Waterloo foundation
Mind National - Equipment
Active Monitoring
TOTAL FUNDS
17,502
4,334
472
1,139
300
23,747
290,553
(11,721)
(3,163)
(472)
(1,139)
7,230
(9,265)
24,502
14,499
3,193
:
20,280
4,364
17,692
7,530
32,174
315,055
Comparative net movement in funds, included in the above are as follows:
Incoming Resources
Movement
resources
expended
in funde
Unrestricted funds
General fund
121,433
(87,666)
33,767
Restricted funds
Day Services
GP Centred
Waterloo foundation
Mind National - Equipment
Active Monitoring
TOTAL FUNDS
283,230
160,389
47,157
490,776
612,209
(294,951)
(163,552)
(472)
(1,139)
(39,927)
(500,041)
(587,707)
(11,721)
(3,163)
(472)
(1,139)
7,230
(9,265)
24,502
31
continued...

Mind in the Vale of Glamorgan
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
18. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
At 1/4/23
Net
movement
in funds
Transfers
between
funds
At 31/3/25
€
Unrestricted funds
General fund
266,806
96,062
(90,977)
271,891
Restricted funds
Day Services
GP Centred
Waterloo foundation
Mind National - Equipment
Active Monitoring
Side by Side
Mind Hardship Fund
17,502
4,334
472
1,139
300
TOTAL FUNDS
23,747
290,553
(110,341)
(5,127)
(472)
(1,139)
6,819
11,877
1,064
(97,319)
(1,257)
106,230
3,599
:
(6,975)
(11,877)
13,391
2,806
144
90,977
1,064
17,405
289,296
A current year 12 months and prior year 12 months combined net movement in funds,
included in the above are as follows:
Unrestricted funds
General fund
Incoming Resources Movement
resources
expended
in funde
206,797
(110,735)
96,062
Restricted funds
Day Services
GP Centred
Waterloo foundation
Mind National - Equipment
Active Monitoring
Side by Side
Mind Hardship Fund
TOTAL FUNDS
574,325
320,778
(684,666)
(325,905)
(472)
(1,139)
47,157
(40,338)
33,174
(21,297)
7,619
(6,555)
983,053
(1,080,372)
1,189,850
(1,191,107)
(110,341)
(5,127)
(472)
(1,139)
6,819
11,877
1,064
(97,319)
(1,257)
32
continued...

Mind in the Vale of Glamorgan
Notes to the Financial Statements - continued
for the Year Ended 31 March 2025
19.
RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2025.
33

Mind in the Vale of Glamorgan
Detailed Statement of Financial Activities
for the Year Ended 31 March 2025
2025
INCOME AND ENDOWMENTS
Donations and legacies
Donations
Other trading activities
Sale of goods and services - Barry shop
Sale of goods and services - Food &
Sale of goods and services - Western
Vale shop
Other income - Training
Charitable activities
Grants
Counselling services
9,158
-
2,858
64,771
692
68,321
487,632
12,530
500,162
577,641
Total incoming resources
EXPENDITURE
Raising donations and legacies
Fundraising costs
Charitable activities
Wages
Social security
Pensions
Recruitment costs
Supervision
Staff training
Staff travel expenses
Volunteer expenses
Business stock
1,184
397,269
32,567
11,184
937
7,744
8,583
3,529
1,952
3,925
467,690
This page does not form part of the statutory financial statements
34
2024
21,850
8,595
3,303
73,779
2,000
87,677
490,779
11,903
502,682
612,209
1,464
371,362
28,085
10,173
920
6,767
20,197
1,525
1,917
4,054
445,000

Mind in the Vale of Glamorgan
Detailed Statement of Financial Activities
for the Year Ended 31 March 2025
2025
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
Interest Paid
Amortisation of intangible fixed assets
Depreciation of tangible fixed assets
Loss on sale of tangible fixed assets
Governance costs
Wages
Auditors' remuneration
AGM expenses
Legal and professional fees
Total resources expended
Net (expenditure)/income
2,353
11,537
9,393
24,288
4,909
36,989
2,378
6,243
4,929
236
883
1,706
8,972
11,029
125,880
3,790
387
4,469
8,646
603,400
(25,759)
This page does not form part of the statutory financial statements
35
2024
(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
472
10,850
96
130,239
925
3,651
6,428
11,004
587,707
24,502