in Harrow
Mind in Harrow
Registered Charity Number 1067480
Registered Company Number 03351324
Trustees, Annual Report
& Financial Statements
Year Ended 31 March 2024

Contents
TRUSTEES, ANNUAL REPORT
Legal and Administrative Information
Chair's Foreword
Our Vision, Mission, Values, & Strategic Priorities
Delivering Public Benefit
Achievements & Performance
Policy Review
Our Services
other Income Generation
Structure, Governance & Management
Acknowledgements - Funders & Partners
Financial Review
9-10
11
12
Approval
13
AUDITED ACCOUNTS
Report of the Auditors
Statement of Financial Activities
14-15
16
Balance Sheet
17
Statement of Cash Flows
18
Notes to the Accounts
19-32

LEGAL and ADMINISTRATIVE
Name:
Mind in Harrow
Company Number: 3351324
Charity Number:
1067480
Principal Address: 132-134 College Road
Harrow
Middlesex HA1 1 BQ
Trustees..
Jeffrey Defries (Chair)
Kanchan Desai
Adelle Henry
Robert Pender
Colin Powell
Komal Raja
Jillian Anderson
Nitasha Dhiri
Resigned 0810312024
Resigned 3010412024
Co-options:
Raymond Bannerman, Harrow User Group
Leroy Rose, Harrow User Group
Company Secretary:
Anna Ware
Appointed 1610512023
Senior Management Team
Anna Ware
Sabrina Solomon
Neil Hedgecock
Chief Executive
Head of Services
Head of Finance
Auditors:
Goldwins Limited
75 Maygrove Road, West Hampstead, London NW6 2EG
Bankers:
HSBC
Harrow Branch, 26-28 St Ann's Road, Harrow HA1 1 LA
Solicitors:
Bates Wells, 10 Queen Street Place, London EC4R 1 BE

CHAIR'S FOREWORD
Let me start by thanking all those- trustees,
We are seeking to improve awareness of
staff and volunteers- who have played a part the charity and what we do, and it is
in ensuring that Harrow Mind has
pleasing to note that we have seen greater
maintained its programme of support for the
recognition and positive feedback from
community we serve. I particularly want to
commissioners and the community. This is
mention Jillian Anderson, who was a trustee reflected most notably in the report we
and one of our Vice Chairs and Nitasha
produced working with Harrow Council on
Dhiri another trustee, both of whom stepped what support and services are needed for
down from the board this year.
good mental health.
And l am pleased to say our first appointed There is no doubt that what we represent
Patron- Lord Daniel Finkelstein is still
and what we do and the services we provide
supporting our charity.
are of vital importance to the people and
families of Harrow.
We cannot pretend that it has been an easy
year and, in particular, we have had to cope The need for improved mental health and
with the loss of what for many years has
wellbeing lies at the heart of what we do and
been our largest contract and area of work
what we shall continue to do. In order to
in Talking Therapies,. the contract being
meet this challenge, we shall need to be
taken back into the NHS.
positive in our outlook and, in particular, in
raising income, In this endeavour we will
Under Anna Ware's leadership and with the
work whenever possible with both
support of a mixture of old and new staff, we neighbouring Minds and other charities.
have set out on a growth strategy that
recognises that we need to concentrate on
l am confident that we have the team in
specific areas of mental health support and place- staff and trustees- to deliver on these
awareness rather than to try to cover
ambitions.
everything in this busy and over-stretched
field. Over the past year our staff have
delivered a wide range of services to
support those living with mental ill-health.
Jeffrey Defries
Chair of Trustees
We are working hard to adapted to various
challenges including the worst mental health
crisis in recent history, the continuing cost-
of-living crisis and changes in the
commissioning landscape.
During the year we have done some
important "groundwork" enhanced our
operational functioning with an overhaul of
our IT systems and a review of our
safeguarding policies and procedures.

OUR VISION, MISSION AND
VALUES
Public Benefit Statement
The Trustees consider that they have
complied with Section 17 of the Charities
Act 2011 with regards to the guidance on
public benefit published by the Charity
Commission.
Our Charitable Objectives
The objects of Mind in Harrow, as stated in
the Articles of Association, are:
• to promote the preservation of good
mental health in particular by enabling
The Trustees review the aims, objectives,
and empowering any person experiencing and activities of the charity each year. This
mental health problems to live with,
report considers the charity's achievements
manage and recover from their condition. and its outcomes in the reporting period.
and
• to relieve the needs of people with mental The Trustees report the success of each key
health problems and those who support
activity and the benefits the charity has
them by working to increase the
brought to those groups of people that it is
understanding of mental health and
set up to help.
mental health issues through gathering
and disseminating information and
working to raise awareness, promote
understanding and challenge stigma and
discrimination.
The review also helps the Trustees ensure
the charity's aims, objectives and activities
remain focused on its stated purposes.
The Trustees have referred to the guidance
contained in the Charity Commission's
general guidance on public benefit when
reviewing the charity's aims and objectives
and in planning its future activities. In
particular, the Trustees consider how
planned activities will contribute to the aims
and objectives that have been set.
Our vision
We will not give up until everyone
experiencing a mental health problem gets
both support and respect.
Our mission
We provide information and support to
empower anyone experiencing a mental
health problem from all our local
communities. We campaign together with
people experiencing mental health problems
to improve local services, raise awareness,
and promote understanding.
Achievements & Performance
All its charitable activities focus on the
delivery of services for clients who suffer
mental health distress andlor emotional
needs residing in the borough of Harrow.
Our Values and Culture
Our values are at the heart of what we do:
These charitable activities are undertaken to
further Mind in Harrow's charitable purposes
for the public benefit.
Open - We reach out to anyone who needs
us.
Together - We're stronger in partnership.
Responsive - We listen, we act.
Independent - We speak out fearlessly.
Unstoppable - We never give up.
During the year working with national Mind,
our neighbouring Mind, s in West London,
and other partner agencies, Mind in Harrow
campaigned to challenge discrimination and
reduce stigma around mental health.

Our services
community based mental health services to
address the social are needs of those with
lived experience and provided feedback on
what local residents want and need from this
service.
Harrow Talking Therapies
Mind in Harrow delivered the 'Step 2,
element of Harrow's Talking Therapies
service in partnership with CNWL NHS
Foundation Trust until 31 sl December 2023,
when it was then taken back in house. The
service supported individuals experiencing
common mental health problems such as
depression, low mood, anxiety andlor
stress, providing free access to therapies
including Cognitive Behavioural Therapy
(CBT), guided self-help, time-limited
counselling, and employment support.
Treatments are personalised so can be
accessed via workshops or one-to-one (over
the telephone, online or face-to-face).
Other achievements in the year included 2
Section 75 forum prep meeting and 9 in
patient ward visits.
We held 3 Stigma Busting Masterclasses
delivered to over 150 delegates (students
and teaching fellows). 800/0 of delegates
reported that their perception of mental
health inpatients had shifted following the
masterclass.
Mental Health champions
Mental Health champions is a project with
peer volunteers, who go out into the
community to start conversations about
mental health, helping to break down
barriers, dispel myths and reduce stigma.
Our Champions help to sign post and
provide information on services in Harrow.
In the year we inducted 12 champions, who
reached 431 people and 152 of those with
one-to-one outreach support and
signposting.
Over the nine months we manged the
service there were over 4000 referrals with
3042 completed first treatments. Recovery
rates were an average of 57 % , higher than
the target of 50 % . There were over 10,000
booked contacts in total, with over 7,500
appointments completed.
Service user Involvement & Harrow User
Group (HUG)
Our Service User involvement project has
three funding streams.. Harrow Council, ICB,
and CNWL Trust the User Involvement
Stepping Stones
Stepping Stones offers a tailored course
programme, following term times, for adults
with mental health needs.
Over the year Harrow User Group (HUG)
has over 190 registered members. We
hosted 4 forums, reaching 146 residents.
There was a total of 33 meetings that the
HUG representatives participated in.
The project enables service users to move
into mainstream courses, leisure activities
and volunteering, giving them greater
control over their lives and renewed
confidence and independence. Stepping
Stones aims to help people with mild to
moderate mental health issue to.. reduce
isolation, develop relationships, develop
routines, learn new skills, develop
confidencelself-esteem, and act a bridge to
move back into mainstream activities.
The Hugs representatives held 9 advisory
meeting.
Working with the Hug reps we looked at
strategy development, holding an away day
and 3 further strategy development
sessions. The HUG reps also receive
supeNlSlOn.
During this financial year we supported the
co production of the redesign of Harrow's
In 2023124 funding for Stepping Stones was
provided by NHS and London Marathon and

there was a focus on delivering physical
activity courses in mainstream venues.
The service supported 785 people across
the year, this is an increase of nearly 100
more than the previous year, with complex
We held a total of 94 people attended 28
support needs and information requests
classes. Many of our service users attended including counselling, accessing services,
more than one class. Classes included,
advocacy, housing, and financial concerns.
Yoga, online yoga, Bollywood Dancing,
walking and forest therapy.
The online Mental Health Directory
(directory.mindinharrow.org.uk), lists over
300 local, regional, and national services
and a range of accessible factsheets.
The mental health information service has
been funded by NHS Harrow and Harrow
Council.
Befriending Services
Our one-to-one befriending service came to
an end in December 2023. Funding from
the grant provider ended March 2023. We
still had personal funding for several clients
from Harrow Council, CNWL Trusts and
family members until the end of December.
A total of 22 service users were supporting
in the year.
SWISH Information Service
Our Mental Health Information Service is
part of the Support and Wellbeing
Information Service Harrow (SWISH), which
The service enabled us to reduce social
offers the local Care Act Information and
isolation and improve the quality of life for
Advice Service through a consortium with
adults in Harrow experiencing mental health four other local charities; Age UK HH&B,
issues who feel isolated and lonely.
Harrow Carers, Community Connex and
HAD. The combined service supported
nearly 6000 individuals, taking over 12,000
contacts an increase of over 4000 contact
on the previous year. SWISH is funded by
Harrow Council.
On Your Side
On Your Side offers peer advocacy, helping
people to navigate through the welfare and
mental health systems. We provided 17
people with 3 - 10 sessions in the year.
Service users were supported to achieve
Headsup
their chosen goals, helping them to deal with Headsup is a young-people's mental health
the welfare benefits system, accompany
service run in a consortium partnership led
them to assessment meetings or access
by Mind in Harrow with four other voluntary
timely mental health support. The project is
organisations.. Mosaic LGBT Youth Centre,
funded by Henry Smith.
Paiwand (Solidarity & Support for
Refugees), Centre for ADHD and Autism
Support and The WISH Centre.
Mental Health Information Service
The Information Service is the only mental
Mind in Harrow delivers peer-led mental
health specialist service of its type in
wellbeing workshops, and Headsup
Harrow. The telephone helpline is delivered partners deliver specialist one-to-one and
jointly by our staff and a team of skilled
group sessions.
volunteers. The information service is also
provided via email and through our online
Mental Health Directory and offers one-to-
one casework if a caller needs extra
support.
We also lead a Single Point of Access
where we receive self-referrals and referrals
from other services for young people to be
signposted to Headsup Partners or other
available support services.

Additionally, Headsup partnership delivered project is peer led, and sessions include
12 specialist mental health support training
cultural festivals, activities such as yoga,
sessions for professionals working with
arts and crafts as well as mental wellbeing
Harrow's young people.
talks and discussions The project was
funded by Jasper Conrad.
In 23124, Mind in Harrow reached 3,179
young people, of which 93 /0 report
increased mental health awareness and
Cost of Living
89.5 % report improved resilience to care for The Cost-of-Living crisis has affected so
their own or a friends, mental health.
many of our community. During the year we
ran two programmes to support people with
workshops providing tips and advise and
making people aware of what support tis out
there and available.
Mind in Harrow also offered 43 specialist
mental wellbeing workshops co-designed &
co-delivered by trained young people with a
lived experience of mental ill-health in
schools, youth services and colleges.
Furthermore, we partnered with Compass
Elevation to form Youth Drugs and
Wellbeing Awareness Council, where we
planned to work with 13-20-year-olds to
research and shape awareness of the
Funded by Jean & Derek King Trust Mind
relationship between substance misuse and in Harrow provided 14 cost of living
mental wellbeing.
workshops specifically aimed at older
people. 332 older people attended our
workshops. We also delivered 12 outreach
session supporting a further 311 older
people.
Funded my national Mind we provided 8
workshops, 6 in person and 2 online helping
over 200 people.
Hayaan Project
Hayaan is a unique Somali mental health
project promoting equality & civil rights for
4,000 Somalis experiencing multiple-
disadvantage locally and across London.
The Hayaan project recruits Somali
volunteer 'Peer Educators, to assist in
facilitating support and information sessions
with Somali community members to
increase their access and knowledge of
local services. The project also offers
advocacy support for a limited number of
clients with crisis mental health needs.
The workshops were delivered with staff and
peer volunteers, and we provide training to
17 peer volunteers to support this project.
Homes in Mind
Mind in Harrow is the Custodian of Homes
in Mind, a charity set up to develop
affordable homes for people experiencing
mental health problems. Working in
partnership with Zigzag Housing, Gollings
Architects and Harrow Council housing
department. The project has secured GLA
funding to take it to planning stage, with an
application to build 10 flats across two sites
in Harrow ready to be submitted. The project
is currently with Harrow Council at planning
applications stage.
As well as fortnightly workshops on topics
relating to health and mental health, we
provided one to one support to 44 families.
The project was funded by national Mind.
DIYA South Asian group
Mind in Harrow's groups for the South Asian
Community address stigma and provide
culturally-appropriate mental health support
The group ran 10 sessions over the year,
with over 34 participants each session. The

Other Income Generation
Mind Sho
in Harrow
Working in partnership with national Mind,
We are very grateful to the extraordinary
the hard work of the staff and volunteers,
work of staff and particularly our Board of
and the generosity of the donors and
Trustees, dedicated volunteers and funders
customers, has meant the income to Mind in who have sustained our services and
Harrow from the shop in 20203124 was over support to the community through the year.
£10,000.
Thank you
Communit fundraisin
In the face of such a challenging
environment, we are monumentally grateful
to the individuals, companies and
organisations who donated or organised
fundraising to support our work, with special
thanks listed in our acknowledgements on
page 11.

OUR STRUCTURE,
GOVERNANCE, &
MANAGEMENT
Scheme of Delegation
The Trustees have independent control over
and legal responsibility for the charity. The
Board of Trustees meet 5 times in the year.
The Board sets strategic direction and holds
Governing Document
an overview of the organisation.
Mind in Harrow is a charitable company
Responsibility for strategic management and
limited by guarantee, incorporated in April
team leadership lies with the Chief
1997 and re-registered as a charity in
Executive, who presents reports regularly to
January 1998. Its governing document is its the Board of Trustees. The senior
Memorandum and Articles of Association.
management team supervise service staff,
In the event of the company being wound
volunteers and the day-to-day work. Staff
up, the trustees are liable for a maximum
supervision and training are valued as a key
sum of £1.00.
way of ensuring the highest standards of
practice are maintained.
The Board of Trustees (Management
Committee)
Remuneration of key management
We offer an opportunity for people to be co-
personnel
opted members of the Board of Trustees.
The key management personnel at Mind in
Co-opted members are non-voting and act
Harrow are the Chief Executive, Head of
as advisors. There are two co-opted places Finance and Head of Services. Annual pay
available for the Harrow Mental Health User awards for all staff are set by the Board of
Group (HUG).
Trustees by applying a similar percentage
increase across all posts.
In accordance with its commitment to user
empowerment, Mind in Harrow aims for a
minimum of 50 % of Trustees to have lived
experienced of mental health problems,
Principal risks and uncertainties - How
the trustees plan to manage them
Princi
al risks and uncertainties
Other trustees are drawn from local
Mind in Harrow conducts organisation-wide
organisations, are ex-volunteers or
risk assessments usually annually in
interested individuals with relevant skills and accordance with Charity Commission
expertise. A list of trustees, elected and co- guidance and recommended framework. A
opted, is at the beginning of this report.
risk register is updated by the Chief
Executive and reviewed at each board
meeting.
Sub-groups of the Board
There are 2 sub-groups of the Board, the
The principal risks currently identified relate
Finance and Business Sub-committee, and to being able to retain existing and obtaining
the Performance and Quality Sub-
new contracts and funding for our work
Committee.
How the trustees
lan to mana
e these risks
The charity has been able to maintain the
confidence of funders, commissioners, and
wider stakeholders through the year. We
hold a risk register which is reviewed at
each board meeting.
The Finance Sub-committee met twice
during the year. the Performance and
Quality Sub-committee also met twice,
Each -committee is made up of 3 trustees.

Goin
concern
The Trustees have reviewed the charity's
projections and forecasts and have
assessed the use of the going concern basis
in the preparation of the financial
statements. Trustees have concluded that
Mind in Harrow has adequate resources as
at the date of approval of the financial
statements such that the going concern
status is secure.
ETHICAL FUNDRAISING POLICIES
Protecting Vulnerable People
Mind in Harrow has a Safeguarding Children
and Young People Policy, a Safeguarding
Adults Policy (both reviewed annually) and a
Fundraising with People in Vulnerable
Circumstances Policy (reviewed every three
years).which explain how we support and
work with vulnerable people. During the year
Mind in Harrow did not work with any third
Quality Assurance
parties and agencies in relation to
Mind in Harrow is committed to providing the fundraising. However, we will ensure that
highest quality community mental health
when we do, they adhere to our policy on
services, which anticipate, meet and exceed working with vulnerable people which we will
the expectations of service users, workers
monitor annually or at the end of their
and other stakeholders.
contract with us, whichever is sooner.
The Mind Quality Mark (MQM) is Mind's
quality assurance framework and standards,
which have been developed from best
practice guidance and with reference to
other quality systems and Mind in Harrow
passed this in July 2023.
Our Income Generation Approach
Mind in Harrow has a fundraising policy and
a 3-year Growth Strategy for 2024 - 2026
which sets out our approach to income
generation. The growth strategy aims to
diversify our income sources.
In order to pass the MQM all Local Minds
are required to:
complete a self-assessment toolkit for
evaluating achievements and areas for
improvement across 20 quality standards
structure across four areas and 150
quality indicators.
develop a plan of continuous quality
improvements following the self-
assessment.
undergo an external quality review by the
Mind Quality Panel.
In 2023 - 2024 no complaints were received
regarding our fundraising practices.
10

ACKNOWLEDGEMENTS
Jean & Derek King Charitable Trust
Jaspar Foundation
London Community Foundation
London Marathon Charitable Trust
Mind
Mahavir Foundation
Young Harrow Foundation
Thank you to everyone who has
supported us during the year
We are grateful to the individuals, charitable
trusts and other organisations who have
supported our work through donations,
collections and fundraising events and
through the Mind in Harrow Charity Shop.
INDIVIDUALS, CHARITY OF THE YEAR & Lottery & national Funders
LOCAL ORGANISATIONS
Special mentions to go KPSUK, Rotary Club
National Lottery Community Fund
of Pinner, Charterhouse Accountants, Life in
National Lottery Awards for All
London Trust, Kingsbury Lions Club, Nower
Sport England
Hill School and to the many wonderful
donors and fundraisers who have skydived,
cycled and even completed 'Tough
Mudders, for Mind in Harrow.
Our Partners
We also thank and are grateful for the
commitment and expertise of all the partner
organisations and individuals with whom we
have worked during the year.
IN-MEMORY
A very special thank you to the families and
friends who generously donated to Mind in
Harrow in memory of their loved ones or
gave us a gift in their will.
Our Volunteers
We are particularly indebted to our
wonderful team of volunteers who support
the organisation and its work in so many
different and creative ways.
Statutory Funders
Central and North West London NHS Our grateful thanks for your inspiring and
Foundation Trust
highly valued contribution to Mind in
Harrow Council
Harrow's success.
NHS Harrow
So many of our seNices and activities could
not run without your dedication,
commitment, and enthusiasm.
Lottery & National Funders
National Lottery Community Fund
National Lottery Awards for All
Sport England
Grant making Trusts & Charities
Access Group Foundation
City Bridge Trust
Crown Street Endowment Fund
Community-led Housing London
Harrow Giving
The Henry Smith Charity
Garfield Weston
11

FINANCIAL REVIEW
groups. In total, over 50 volunteers
contributed over 3,000 hours to Mind in
Harrow activities during the year.
Summary
In 2023-24 our annual income is
£1,255,187, a decrease of 13 % on the prior
year, and is attributed to the loss of the
Talking Therapies contract
Principal Funding Sources
Our main sources of funding are statutory
bodies (Harrow Council, NHS Harrow CCG,
and CNWL NHS Foundation Trust), which
fund our core activities and direct senlices
through Service Level Agreements. Grant
making trusts provide grants to a number of
specific time-limited projects, and accounted
for 300/0 of our income during 2023-24 (25 %
2022-23).
In 2023-24 our reserves decreased by
£71,619 from £768,189 to £696,570.
Following the loss of the Talking Therapies
contract action was taken to mitigate the
impact on unrestricted funds resulting in a
deficit of £26,948 which has been met from
general funds. £44,671 of restricted
reserves carried forward has been applied
to give the overall deficit of £71,619.
Investment Pollcy
The Board of Trustees reviews its
investment policy annually. During the 2023
-24 Mind in Harrow held 3-6 month notice
accounts with each of Shawbrook Bank,
Cambridge & Counties Bank, Hampshire
Trust Bank, and Redwood Bank,. a one-year
fixed rate account with United Trust Bank;
instant access deposit accounts with
Aldermore Bank and Virgin Money; and a
current account with HSBC.
We have been fortunate to have continued
funding for our Somali Hayaan project,
Stepping Stones courses, User Involvement
Project, Headsup youth wellbeing project,
and the Support & Wellbeing Information
Service.
Fundraising performance
We employ a professional Grants &
Community Fundraising Manager who
specialises in applications to grant-making
trusts and the Big Lottery Fund, and one day
per week on other fundraising activities.
Reserves Policy
The trustees carry out an annual review of
the charity's free reserves policy in light of
known risks and future plans. Free reserves
are those funds which are not committed to
specific contingencies or invested in fixed
assets.
The Chief Executive submits priority public
sector grant funding or commissioned
service applications.
The Trustees have resolved that Mind in
Harrow should aim to maintain free reserves
to 6 months, staff salaries in response to th8
continued risk of income reductions from
public sector bodies, low returns from bank
interest, and competition for charitable trust
applications.
Our voluntary donations income for 2023 -
24 was £59,986 exceeded our target for the
year of £20,000.
Volunteer Contribution
Mind in Harrow is greatly indebted to all its
volunteers for their commitment, time and
skills, who help with a wide variety of Mind
in Harrow's work. This includes the running
of our services, administration tasks in the
office and fundraising activities. Many
people with mental health problems
contribute in a voluntary capacity to our
services or undertake leadership roles on
our planning and service development
The Trustees hold funds in designated
reserves for specific purposes and following
a review resolved to release £186,746 to
general reserves. Based on current plans
the Trustees resolved to release the Project,
Development and Office Relocation Funds
and continue with:
12

Sustainability Investment Fund to
invest in the organisation's
sustainability and infrastructure
through diversification of income
sources (£129,288).
Employment & Pensions Fund in
light of a recent actuarial valuation
provided by The Pensions Trust
(£27,105).
APPROVAL
The Trustees, Annual Report on pages 3-14
was approved by the Trustees on 29th
October 2024 and signed on their behalf by..
44<
A target for free reserves is around
£407,000 based on projected salary costs
for 2024125. This will enable the charity to
meet its objectives if it faces loss of income,
increases in unfunded costs or delayed
receipt of grants. The free reserves at 31
March 2024 are £486,144, from £326,346 at
the same time last year. The increase of
£159,798 is attributed to £186,746 released
from Designated Reserves and the
unrestricted reserve deficit of £26,948 for
the year.
Jeffrey Defries, Trustee (Chair)
Funding for the Year Ahead
In the light of the current cost of living crisis,
and despite extraordinary support from
donors and grant-makers during 2023-24,
we are aware that we will face considerable
challenges to maintain and develop funding
streams for the current and future years.
We are grateful to existing funders for their
ongoing support, particularly those trusts
including Jaspar Foundation and Henry
Smith Charity which have been able to
commit to funding our work across a number
of years.
As the fundraising landscape changes, we
are keeping under constant review our
income generation strategy and costs. We
are pursuing our strategy to diversify our
funding streams and are delighted that the
Mind charity shop in Harrow is continuing to
trade well.
We are also continue to work closely with
other local Minds through the West London
Mental Health Collaboration to explore
further opportunities and partnership
options.
13

INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF MIND IN HARROW
Oplnlon
We have audited the financial statements of Mind in Harrow for the year ended 31 March 2024 which comprise the
Slalement of Financial Activities, the Balance Sheet, statement of cash flows and the related notes. The financial
reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting
Standards, including Financial Reporting Slandard 102.. The Financial Reporting Standard applicable in the UK and
Republic of Ireland {Uniled Kingdom Generally Accepted Accounting Practice).
Oplnlon on Financlal Statèments
In our opinion the financial slalements..
give a true and fair view of the slate of the Charity's affairs as al 31 March 2024 and of ils Sncome and
expenditure for the year then ended.
have been properfy prepared in accordance with United Kingdom Generally Accepted AGcounling Practice.,
and
have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for oplnlon
We conducled our audit in accordance with Inlernallonal Standards on Auditing (UK) (ISAS (UK)) and applicable
law. Our responsibilities under those standards are further descrlbed in the Audilols responsibilities for the audit of
the financial slalemenls section of our report. We are independent of the Charity in accordance with the ethical
requlremenls that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical
Standard and we have fulfilled our other ethical responsibllities in 8ccord8nGe with Ihese requirements. We believe
that the audit evidence we have obtained is suffiGlenl and appropriate to provide a basis for our opinion.
Conclusions relatlng to going concern
In auditing the financial stalemenls, we have concluded that the trustees, use of the going concern basis of
accounting in Ihe preparation of Iha financial statements is appropriate.
Baged on the work we have performed, we have not identified any material uncertainties relating lo evenls or
conditions that, individually or collectively, may C8St significant doubt on the charity's ability lo continue as a going
ncern for a period of at leasl iwelve months from when the financial statements are aulhorised for issue.
Our responsibilities and the responsibilities of the directors with respect lo going concern are described in the
relevant sections of this report.
Other informatlon
The Iruslees are responsible for the other information. The other infomialion Gomprises Ihe informatlon
included in the annual report other than the financial statements and our auditor's report thereon. Our opinion on the
finanGlal slalements does not Gover the other information and, except to the exlent otherwise explicitly slated in our
report, we do not express any form of assurance conclusion Ihereon.
In connection with our audit of the financial statements, our responsibility is to read the other information and, in
doing so, consider whether the other infomialion is materially inconsistent with the financial statements or our
knowledge ob18ined in the audil or otherwise appears lo be malerSally mSsslaled. If we identify such materi21
inconsistencies or apparenl material misstatements, we are requlred lo delemiine whalher there is 8 malerlal
misslatement in the financial statements or a material misslalement of the other information. If, based on the work
we have performed, we conclude th21 there Is a material misslalement of this other Information, we are required lo
report that faGI.
We have nothing to report in this regard.
Oplnlons on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit..
•lhe infomialion given in the trustees, report (incorporating the directors, report) for the flnancial year for which the
financial slalemenls are prepared is consislenl with the finanGial statements,. and
.the tr¢Jslees' report (incorporating the directors, report) have been prepared in accordance with applicable legal
requirements.
Matters on which we are requlrèd to report by exception
In the light of the knowledge and understanding of the Charity and ils environment obtained in the course of the
audit, we have not idenllfied material missl8lements in the Trustees, Annual Report.
We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requSres
us lo report to you if, in our opinion..
14

•adequale accounting records have not been kept or returns adequate for our audit have not been received from
branches not visited by us.,
.Ihe financial slalemenls are not in agreement with the accounting records and relums,.
'certain disclosures of trustees, remuneration specified by law are not made,. or
'we have not obtained all the Information and explanations necessary for the purposes of our audit.
Responsibilities of the trustees
As explained more fully in the Iruslees, responsibilities statement, the trustees are responsible for the preparation of
the financial slalements and for being satisfied that they give a true and fair view, and for such internal control as
they determlne is necessary lo enable the preparation of financi81 slalemenls that are free from material
misslalemenl, whether due lo fraud or error.
In preparing the financial slalemenls, the trustees are responsible for assessing the Charity's ability lo continue as a
going concern, disclosing, as applicable, matters rel8ted lo going concern and using the going concem basls of
accounting unless the Iruslees either intend lo liquidate the Ch8rily or lo cease operations, or have no realistic
alternative bul lo do so.
Our r8sponsibilltlgs for the audlt of the financlal statements
Our objectives are to obtain reasonable assurance about whether Ihe financial slalemenls as a whole are free from
material misslalemenl, whether due to fraud or error, and lo issue an audilor's report that includes our opinion.
Reasonable assurance is a high level of assurance, bul is not a guarantee that an audit conducted in accordance
with ISAS {UKI will always delecl a material misslalemenl when il exists. Misslalemenls can arise from fraud or
error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence
the economlc decisions of users taken on the basis of these financial slalemenls.
Irregularities, including fraud, are instances of non-comp118nce with laws and regulations. We design procedures In
line with our responsibilities, outlined above, lo delecl material misslalemenls in respect of irregularities, including
fraud. The exlenl lo which our procedures are capable of detecting irregularitles, including fraud are sel out below.
In identifying and assessing risks of material misslalemenl in respect of irregularities, including fraud and non-
compliance with laws and regulalions, our procedures included the following..
We enquired of management, which included obtaining and reviewing supporting documenlalion,
concerning the Gharily's policies and procedures relating lo..
Detecting, evaluating, and complying with laws and regulations and whether they were aware of
any instances of non-compliance.,
Detecting of the risks of fraud and responding whether they have knowledge of any actual or
suspected fraud.,
We obtained an understanding of the legal and regulatory framework Ihal Ihe charity operates in, focusing
on those laws and regulallons Ihal had a material effect on the financial slalemenls or that had a
fundamental effect on the operations of the charity from our professional and sector experlence.
We performed analytical procedures lo delecl any unusual or unexpeGled relationships that may indicate
risks of material misslalemenl due lo fraud.
Because of the inherent limitations of an audit, there is a risk that we will not delecl all irregularities, Including those
leading lo a material misslalemenl in the financial slalemenls or non-compliance with regulation. The risk is also
greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment,
forgery, collusion, omission or misrepresenlalion.
A further description of our responsibilities for the audit of the financial slalemenls is located on the Financial
Reporting Council's website 21.. Iwww.frc.org.uk12udilorsresponsibililiesl. This description forms part of our auditor's
report.
This report is made solely lo the Charity's members, as a body, in accordance with Chapter 3 of Part 16 of the
Companies Act 2006. Our audit work has been undertaken so that we might slate lo the Charity's members those
mallers we are required to slate lo them in an auditor's report and for no other purpose. To the fullest exlenl
permilled by law, we do not accept or assume responslbilily lo anyone other than the Charity's members as 8 body,
for our audit work, for this report, or for the opinions we have formed.
Anthony Epton
Senior Statutory Auditor)
for and on behalf of
Goldwins Limited
Statutory Auditor
Chartered Accountants
75 Maygrove Road
West Hampstead
London NW6 2EG
14 November 2024
15

Mlnd In Harrow
statement of flnanclal actlvlrles (Incorporatlng an Income and expendlture account)
For the
ear ended 31 March 2024
2024
Total Unrestrlcted
2023
Total
Unrestricted
Restricted
Reslricred
Note
Income from..
Donations and legacie5
Charitable activities
Other trading activities
Investments
59,986
1,002,139
59,986
1,171,402
41,380
991,799
1,400
18.411
41,380
1.376,015
1,400
18,411
169,263
384,216
23,799
23,799
Total Income
1,085,924
169,263
1,255,187
1,052,990
384,216
1.437,206
Expendlture on:
Charitable actSvitles
Raising Funds
1,082,788
30,084
213,934
1,296,722
30,084
1,036,748
30,084
462,012
1,498,760
30,084
Total expendlture
1,112,872
213,934
1,326,806
1.066,832
462,012
1,528,844
Ner movement In funds
(26,9481
144,6711
171,6191
113,8421
177,7961
191,6381
Reconclllatlon of funds..
Total funds brought foward
669,485
98,704
768,189
683,327
176,500
859,827
Total funds carried forward
642,537
54,033
696,570
669,485
98,704
768.189
All of the above resulrs are derlved from continuing activities.
There were no other recognised gains or losses other than those stated above.
The airached notes form part of these financial statement5
16

Mlnd In Harrow
Balance sheet
Company no. 03351324
As at 31 March 2024
2024
2023
Note
Flxed assets:
Tangible asset5
1,178
2,203
1,178
2,203
Current assets:
Debtors
Cash ai bank and in hand
95,330
640,062
47,776
803,097
735,392
850,873
Llabllltles:
Creditors.. amounts falling due within one year
(40.000)
184,887}
Net current assets
695,392
765,986
Total assets less current Ilabllltles
696,570
765,986
Total net assets
696,570
768,189
The funds of the charlty:
Restricted income funds
54,033
98,704
Unrestricted income funds:
Designated funds
General funds
156,393
486,144
343,139
326,346
Total u n restricted funds
642.537
669.485
Total charlty funds
696,570
768,189
The financial stateme nts are prepared in accordance with the special provis ions for small com panies under Part
15 of the Companies Act 2006
Approved by the Board and authori5ed for issue on 29th October 2024
(e
Jeffrey Defrles. Trustee (Chalr)
The attached notes form part of these financial statements
17

Mlnd In Harrow
Statement of cash flows
For the
ear ended 31 March 2024
Note
2024
2023
Cash flows from operatlng actlvltles
Net Incorne for the reportlng perlod
(as per the statement of flnanclal actlvltles)
<71,619)
{91,6381
Depreciation charges
Interest. dividends and rent from investments
(Increase) / Decrease in debtors
Increase in creditors
1.025
(13,795)
(47,554)
(44,887)
4.984
12,9411
35,809
10,632
(105,211)
48,484
Net cash provlded by operatlng actlvltles
(176,830)
(43,154)
Cash flows from Investlng actlvltles:
Donations re Mind Retall Harrow Shop
Bank Interest
Purchase of fixed assets
13.795
2,941
12,494)
Net cash used In Investlng actlvltles
13,795
447
Change In cash and cash equlvalents In the year
(163.035)
(42,707)
Cash and cash equivalents at the beginning of the
year
803,097
845,804
Cash and cash equlvalents at the end of the year
640,062
803,097
Analy51s of cash and cash equlvalents
At l Apr51
2023
Other
changes
At 31 March
2024
Cash flows
Cash in hand
803.097
(163,035)
640,062
Total cash and cash equlvalents
803,097
(163,0351
640,062
18

I) ACCOUNTING POLICIES
The principal accounting policies adopted, judgements and key sources of estimation
uncertainty in the preparation of the financial statements are as follows:
a) Basis of
re
aralion
The financial statements have been prepared in accordance with Accounting and Reporting
by Charities.. Statement of Recommended Practice applicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland (FRS1021 (effective 1 January 20151- (Charities SORP IFRS 102)>, Ihe
Financial Reporting Standard applicable in the UK and RepLAblic of Ireland (FRS 1021 and the
Companies Act 2006.
Mind in Harrow meets the definition of a public benefit entity under FRS 102. Assets and
liabilities are initially recognised at hislorical cost or transaction value unless othe￿iSe stated
in the relevant accounting policy note{sl.
b) Fund accountin
Restricted funds are subjeGled to restriclions on their expenditure imposed by the donor or
through the terms of an appeal. Expenditure, which meets these restrictions, is identified to
the fund.
Designated funds are unreslricled funds earmarked by the Board of Trustees for particular
purposes.
c) Incomin
resources
All incoming resources are included in the statement of financial activities when the charity is
enlilled lo the income and the amount can be quantified with reasonable accuracy. The
following specific policies are applied to particular income..
VolLAnlary income is received by way of grants, donations, gifts and membership
subscrlptions and is included in full in the Statement of Financial Activities (SOFA)
when receivable. Grants, where enlillemenl is not conditional on the delivery of a
specific performance by the charity, are recognised when the charity becomes
unconditionally enlilled lo the grant
Donated services and facilities and the value of services provided by volunteers are
acknowledged bLtt have not been included in these accounts
Investment income is included when receivable
Incoming resources from grants, where related lo performance and specific
deliverables, are accounted for as the charily earns the right to consideration by ils
performance
For legacies, entitlement is taken when the charity has been notifiad by the executors
that they will make a confirmed payment of a specified amount.
d) Resources ex
ended
Expendilure is recognised on an accrual basis as a liability is incurred. All costs are
allocated between the expenditure categories of the SOFA on a basis designed lo reflect the
use of the resource. Costs relating to a particular activity are allocated directly, others are
apportioned on an appropriate basis e.g. staff time spent on that activity.
Expendilure on raising funds comprises the costs associated with attracting donations
and legacies
Expenditure on charitable activities comprises those costs incurred by the charity in
the delivery of its activities and services for its beneficiaries. It includes both costs
that can be allocated directly to such activilies and those costs of an indirecl nature
necessary lo support them ('Support Costs,), as well as governance cosls
19

Governance expenditure includes those costs associated with meeting the
constitutional and slatutory requirements of the charity and includes the audit fees
and costs linked to the strategic management of the charity.
e) Unlisted investments
Contribution to capital costs of shop refurbishment are amortised over the term of the lease
until the first break clause.
ible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation. The costs of
additions below £200 are nol Gapitalised. Depreciation is provided at rates calculated to wrile
off the cost of each asset over its expected useful life, as follows:
Leasehold Improvements
over term of lease
Furniture, Fixlures & Fittings
250/0 on cost
Office Equipment
33.3010 on cost
eratin
leases
Renlals applicable to operating leases where substantially all the benefits and risks of
ownership remain with the lessor are charged against income as incurred.
h) Pension costs
The charity operates a defined contribution pension scheme with The Peoples Pension and
participates in a multl-employer scheme with The Penslons Trust. The pension cost charge
represents contributions payable by the charitable company to the schemes and Ghanges to
the provision recognised for future deficit reduction payments required.
i) Goin
concern
The Trustees have assessed whether the use of the going con￿rn basis is appropriate and
have considered possible events or conditions that might cast significant doubt on the ability of
Ihe charityto continue as a going concern. The trustees have made this assessm8ntfor a period
of at least one year from the date of approval of the financial statements. In particular the
trustees have considered the charlty's forecasts and projections and have taken account of
pressures on events.
The Truslees have also considered the impact of the COVID-19 pandemic and measLrres taken
in the UK.
The charity has a strong cash and reserves position at the time of approval of these financial
statements. Having produced forecasts and made enquiries, the trustees have concluded that
there is a reasonable expectation that the charity has adequate resources lo continue in
operational existence for at least 12 monlhs from the date of the audit report of these financial
statements. The charily therefore continues to adopt the going concern basis in preparing its
financial stalements.
j) Financlal Instruments
The charitable company only has basic financial instruments measured at amortised cost,
with no financial instruments classified as olher, or basic financial instruments measured at
fair value.
k) Cash and cash e
uivalents
Cash and cash equivalents include cash at banks and in hand and short term deposits with a
maturity date of twelve months or less.
20

Mlnd In Harrow
Notes to the flnanclal statements
For the
ear ended 31 March 2024
Income from donations and legacles (all unre5trlctedl
2024
Total
2023
Total
Donations
59,986
41,380
59,986
41,380
Income from charltable actlvltles
2024
2023
Unrestricted
Restricted
Total Unrestricted Restricted
Total
Cllnical Services
Adult Servlces
Youth Servbces
540,853
293,356
167,930
99,920
69,343
640,773
362,699
167,930
882,428
86,762
22,609
65,892
118,028
200,296
948,320
204,790
222,905
1,002,139
169,263
,171,402
991,799
384,216
1,376.015
4 Other Tradlng Actlvltles
2024
Total
2023
Toral
Soclal Work students
,400
1,400
Unrestricred income in both 2022 and 202 3
Mind in Harrow is Ehe Custodian Member of Homes in Mind, a company limited by guarantee, and appoints 50%
of Irs dlrector5 as Custodian Dlrecfors. There is a consultancy agreemenr in place for Mind in Harrow to provide
support to Home5 in Mind.
Investment Income
2024
Total
2023
Total
Donations re Mind Retail Harrow Shop
Bank Inrerest income
10,004
13,795
15,470
2,941
23,799
18,411
21

Mlnd Sn Harrow
Notes to the flnanclal statements
For the
ear ended 31 March 2024
6a Analysls of total expendlture
2024
Staff
Other
Support
Total
Cllnlcal Services
Adult Services
Youth Services
Support Cosrs
502,508
217,443
70,099
238,757
7,732
25,884
100,071
164,312
222,641
106,175
74,253
(403,0691
732,881
349,502
244,423
i 01a1 Èxpenoiture
I,u£o,ou/
£y/,yyy
Analysls of total expendlture (20231
2022
Staff
Other
Support
Total
Clinical Services
Adult SeNlces
Youth Services
Support Costs
797,693
146,681
107,343
190,051
9,030
53,911
119,627
104,S07
192,522
47,871
54.166
(294,5581
999,245
248,463
281,136
i 01a1 txpenoiiure
oi,v/)
1,)£0,049
6b Analysls of Governance Cost5
2023
2022
Total
Total
Audltor's fees
4,000
4.000
Total Governance Costs
4,000
4,000
22

Mlnd In Harrow
Note5 to the financlal statements
For the
ear ended 31 March 2024
Net Income for the year
This is stated after charging I crediting..
2024
2023
Depreciation
Operating lease rentals..
Property
Other
Aud itor5' remuneration (excl ud ing VAT)..
Audit
1,025
4,984
26,000
1,697
26,000
3,563
3,333
3,333
Analysls of staff costs, trustee remuneratlon and expenses. and the cost of key management personnel
Staff costs were as fol lows:
2024
2023
Salaries and wages
Social security costs
Em ployer's contri bution to defi ned contribution pension schemes
910,274
86,956
29,048
1,095,353
102,937
43,480
1,026,278
1,241.770
No employee earned emoluments of more than £60,000 during the year.
The total employee benefits including pension contributions of the key management personnel were £217,869
(2023.. £213,229}, split as follows.. Salaries £191,016, Social Security Costs £20.437. and Pensions £6,416.
The organisation paid Nil redundancy costs (2023.. £Nil).
The charity trustees were not paid or received any other benefits from employment with the charity in the year
(2023-. £nill. No charity trustee received payment for professional or other services supplied to the charity
(2023.. £nil).
Trustees. expenses represents the payment or reimbu rsement of travel and 5ubslstence costs totalling £nil
(2023.. £nil).
23

Mlnd In Harrow
Notes to the flnanclal statement5
For the
ear ended 31 March 2024
Staff numbers
The average number of employees (head count based on number of staff employed) during the year wa5 as
follows..
2024
No.
2023
Di rect Charitable
Ad ministrration
28
36
32
40
l O Related party transactlons
There were no related party transactions to disclose for 2024 {2023: £nil).
I l Taxatlon
The charitable company is exempt from corporation tax as all its income is charitable and is applied for
charitable purposes.
12 Tanglble flxed assets
Uttice
Equipment
Fixtures and
Fittings
Unlisted
Investments
Total
Cost or valuatlon
At the start of the year
Additions in year
Disposals i n year
42,656
14,031
56,687
At the end of the year
42,656
14,031
56,687
At the start of the year
Charge for the year
Eliminated on disposal
40,453
1,025
14,031
54,484
1,025
At the end of the year
41,478
14,031
55,509
Net book value
At the end of the year
1,178
1,178
At the start of the year
2,203
2,203
Al l of the above assets are used for charitable purposes.
24

Mlnd In Harrow
Notes to the financial statements
For the
ear ended 31 March 2024
13 Debtors
2024
2023
Trade debtors
Accrued Income
85,326
10,004
32.306
15,470
95,330
47,776
14 Credltors: amounts falllng due wlthln one year
2024
2023
Trade creditors
Other creditors
Accruals
Deferred income (Note 15)
Pension Creditor
Pension Provision within one year
4,245
9,493
20,484
14,993
18,409
14,682
29,091
4,082
3,630
4.082
1.696
40,000
84,887
15 Deferred Income
2024
2023
Balance at the beginning of the year
Amount released to income in the year
Amount deferred in the year
29,091
(29,091)
5,878
15,8781
29,091
Balance at the end of the year
29.091
The i ncome deferred relates to amou nts i nvoiced in advance for 5ervice5 to be undertaken in
2024125.
25

Mlnd In Harrow
Notes to the flnanclal statement5
For the
ear ended 31 March 2024
16 Analysls of net assets between funds
Deslgnated
General
Restricted Total funds
Tangi ble fixed assets
Net current assets
7,178
155,215
1.178
695,392
486,144
54,033
Net assets at the end of the year
156,393
486,144
54,033
696,570
Comparatlve Analysls of net assets between funds (2023)
Designated
General
Restricted Total funds
Tangible fixed assets
Net current assets
Pension Provision
2,203
340.936
2,203
765,986
326,346
98,704
Net assets at the end of the year
343,139
326,346
98,704
768,189
26

Mlnd In Harrow
Notes to the financlal statements
For the
ear ended 31 March 2024
17 Movements In funds
At the start
of the year
At the end
of the year
Income
Expenditure
Transfers
Restrlcted funds:
Cllnlcal Servlces
Hayaan
Mind & Mercia fund
Befriending
Diya South Asian group
SMI Physical Health Checks Promotion
Cost of Living London Marathon
Cost of Livi ng Jean & Ki ng
25,496
10,425
5,000
(25,496)
(10,425)
(5,000)
(43,767)
43,767
21,000
37,999
21,000
3.333
(34,666)
Youth Servlces
Headsup CAMHS waiting list
34,735
134,7351
Adult Servlces
Stepping Stones
On Your Side
HS
39.643
29.700
139,643)
{20,202)
20,202
29,700
Total restricted funds
98,704
169.263
1213,934)
54,033
Unrestrlcted funds:
Designated funds..
Projects Fund
Development Fund
Office Relocation Reserve
51,139
40,000
37,000
140,000
75,000
(51,139)
(40,000)
(37,000)
(112,895)
54,288
Employment & Pensions Fund
Sustainabi lity Investment Fund
27,105
129,288
Total designated funds
343,139
(186,746)
156,393
General funds
326,346
1.085.924 (1,112.872)
186,746
486,144
Total unrestricted funds
669,485
1.085.924 (1,112.872)
642,537
Total funds Includlng penslon fund
768,189
1,255,187 (1,326.806)
696,570
27

PURPOSE OF FUNDS
Restricted Funds
Cllnical Services
Somali Hayaan Project- National Mlnd
Provision of support, advice, and advocacy lo Somali refugees, asylum seekers and their families who
experience poor mental health in Harrow & Brent.
Befrlendlng- Harrow Council
To support the delivery the community befriendSng service to people in Harrow isolated by their mental
health.
Diya South Aslan Group- Jasper Foundatlon
Support ongoing activities with the South Asian community.
SMI Physical Health Checks- NHS North West London
To promote physical health checks within the Communlty
Cost of Living- London Marathon
Support people with their physical health workshops providing tips and advise and making people aware
of what support IS available.
Cost of Living- Jean & Derek Klng Trust
Cost of living workshops and outreach sessions specilicalty aimed at older people delivered with staff
and peer volunteers to support the projacl.
Youth Servlcos
Headsup CAMHS waiting list- Young Harrow Foundation
Support young people in Harrow lo improve their mental health and resilience, and to build their self-
esteem, in partnership with olh6r local providers.
Adult Services
Stepplng Stones - NHS North West London l Harrow Council
Mainstream educational, leisure, and physical activity courses for users of mental health seNlces.
On Your Slde Peer Support- Henry Smith Charity
To deliver peer advocacy support as part of a 3-year project.
Desi
naled Funds
Employment & Penslons Fund
Funds held lo cover the additional cosls of compliance wlth Employment Legislation in respect of staff
pension fund li2bililie8
Sustalnablllty Investment Fund
Funds held lo invest in the organisalion's suslainabilily and infrastructure through diversification of
income sources and more cost effective operations in accordance with Mind in Harrow's strategy.
General reserves
General reserves are those funds not restricted or designated as commilled lo specific contingencies.
28

Mlnd In Harrow
Notes to the flnanclal statements
For the
ear ended 31 March 2024
Movements In funds (2023)
At the start
of the year
At the end
of the year
Income
Expenditure
Transfers
Restricted funds:
Cllnlcal Servlces
Hayaan- Mind & Mercia fund
Befriendi ng
Diya South Asian group
SMI Physical Health Checks Promotion
33,741
27,494
4,099
13.492
20,486
(47,233)
{47,980)
(4,099)
(8,633)
52,400
43,767
Youth Servlces
Headsup (City Bridge)
Headsup Comic Relief
Headsup Build bac1< better
Headsup CAMHS waiting lisi
Headsup CPD wkshps YHF CNWL
34,687
29,044
59,772
63,081
7,972
69,471
(94,459)
(92,125)
(7,972)
(34,736)
(14,000)
34.735
14,000
Adult Servlces
A4A Pandemic Recovery H/L & Info
Stepping Stone5
On Your Side - HS
MHA Training
Mind CMHRF Coronavirus MH
Head for Work
EKTA
4,316
5,746
13,790
779
2940
4422
1442
26,527
39,270
29,400
(30,843)
(45,016)
(22,988)
(1,8891
(2,940)
(4,422)
(2,677)
20,202
1,235
Total restrlcted funds
176,500
384,216
(462,012)
98,704
Unrestrlcted funds:
Designated funds..
Projects Fund
Development Fund
Office Relocation Reserve
51,139
40,000
37,000
140.000
75,000
51,139
40.000
37,000
140,000
75,000
Employment & Pensions Fund
Sustainability Investment Fund
Total designated funds
343,139
343,139
General funds
340,188
1,052,990 11,066,832)
326,346
Total unrestrlcted funds
683,327
1,052,990 (1,066,832)
669,485
Total funds Includlng penslon fund
859,827
1,437,206 11,528,844}
768,189
29

Mlnd In Harrow
Notes to the flnanclal statements
For the
ear ended 31 March 2024
18 Operatlng lease commltments
The charity's total future minimum lease payments under non-cancellable operati ng leases Is a5 follows for
each of the following periods
Land and Buildings
2024
2023
Other
2024
2023
Less than one year
One to five years
Over five years
19.500
3,141
Total Operatlng Lease commltment
19,500
3,141
19 Legal status of the charlty
The charity is a company limited by guarantee and has no Share capital. The liability of each member in the
event of winding up is limited to £1.
30

Mlnd In Harrow
Noies io the flnanclal statements
For the
ear ended 31 March 2024
20.
Penslon schemes
SCHEME: TPT Rerlrement 5olutlons The Groynh Plan
The Cofnpany parilclpates In the scheme, a mulii-employer scheme whlch provides beneflts to some 638 non-as50claied
participating employers. The scheme is a defined baneflt scheme in the UK. It Is noi posslble for the company ro obiain sufficieni
Informatlon to enable li 10 accoijnt for the scheme a5 a defined beneflt scheme. Therefore li accounis for the scheme as a dellned
ontrlbutlon scheme.
The scheme is subjecl to the funding legislatlon outlined In the Pension5 Act 2004 whlch carne into force on 30 December 2005.
Thls, together wlth documenis Issued by Ihe Pensions Regularor and Technlcal Actuarial Standards Issued by Ihe Flnanclal
Reporting Councll, sei out the framework for funding dÈflned benefit occupaiional penslon schÈMe5 in the UK.
The scheme Is classified as a 'lasi-man siandSng arrangerneni,. Therefore the cornpany Is Potertially liable for oiher parritSpaiing
employers. obli9aiions if rhose Èmployers are unable ro meet thelr share ol the scheme deficlt following wlthdrawal from the
scheme. Paiiicipatlng employers are legally requlied to meet thelr share of the scheme deflclt on an annulty purchase basis on
wlihdrawal from the scheme.
A full acruarial valuailon for the scherne was carried our at 30 September 2020. This valuatlon showed a55ers of £800.3m,
Ilabllities of E831.9m and a deflcii of £31.6m. To ellmlnate thls fundlng shorifall, the Trustee ha5 asked the partlcipailng
employer5 to pay addiiional conrributions to the scheme as lollows..
Deflclt contrlbutlons
From l Aprll 2022 to 31 January 2025..
£3,312.000 per annum
Ipayable monrhlvl
Unless a concesslon ha5 been agreed with ihe Trustee the term to 31 January 2025 applle5.
Noie that the 5£heme's previous valuation wa5 carried oui with an effectlve date of 30 September 2017. Thls valuatlon showed
assets of £794.9m. li3bllllles of £926.4m and a deficlt of £131.5m. To ellmlnate thls fundlng shortfall, the Trustee asked the
pariicipaiing ernployer5 to pay additional coniributlons to the scheme as follows..
Dellclt contrlbutlon5
From l April 2019 ta 30 Septembei 2025..
£11.243.000 per annum
(payable manthl¥ and Increa51ng by 3% each on l st April)
The recovery plan contrlbuiion5 are allocarÈd to each partlclpailng emplO￿r In Ilne with rhelr estlmaied share of the Serles l and
5erle5 2 scheme Itabilities.
Where the scheme Is In deflcll and where ihe company has agreed to a deflcli funding arrangement thÈ company reioonlses
liabiliiy for this obligation. The amount recognisÈd is the net preseni value of rhe deficlt reduction coniribuiion5 payable under
the agreewenr rhai relaies 10 ihe defltli. The present value is calcu131ed uslng Ihe discouni raie detailed in these dlst105ures. The
unwlnding of Ihe cliscounl rate 15 recognised as a finance cosi.
PRESENT VALUE5 OF PROVISION
March
2024
March
2023
March
2022
Present value of provision Idiscountedl
1,696
3,630
5,694
RECONCILIATION OF OPENING AND CLOSING PROVISION5
Perlod
Period
31
March
2024
31
March
2023
Provlsion al Stari of perlod
Unwinding of the dlscouni factor Ilnteresi expense)
Deficit contributlon pald
Remeasurernenrs
impact of any change as51JmPtlon5
Remeasuremenrs
amendmenis to ihe conirlbution schedule
Provlslon at end of perlod
3.630
139
12.0741
5,694
107
12,0741
1971
1.696
3,630
31

Mlnd In Harrow
Noles to the flnantlal statements
For the
ear ended 31 Mar¢h 2024
20.
Penslon schemes contlnuedl
INCOME AND EXPENDITUKE IMPAcr
PerSod
PerSod
31
March
2023
l£sl
arch
2024
Interest expense
Remeasurements Impacr of any change in assumptions
Remeasurements
amendments lo ihe contrlburion schedule
Coniribuiions paid In respeci of future service
Costs recognlsed In Income and expendlture account
139
107
1971
*lncludes deflned contribuiion schemes and future servlce contrlbutions 11.e. excludlng any deflclt reducrlon paymenrsl ro deflned
beneflt 5cheme5 whlch are treated as deflned contribution schemes. To be completed by the company.
31 March
2024
31
March
2023
%per
anDum
31
March
2022
%per
annum
%per
annum
ate of dlscount
5.31
5.52
2.35
The dlscount rates shown above are the equlvalent slnglÈ dlscoun¢ rares whlch. when used io discount the future recovery plan
contriburions due, would give the same result5 a5 ustng a full AA corporate bond ySeld curve to dSscount the same recovery pla
contributions.
SCHEME.- TPT Retlrement Solutlons - The Growth Plan
The following schedule details the deficSt contributions agreed be￿een the company and the scheme at each year end period..
DEFICIT CONTRIBUTIONS SCHEDULE
The non-discounted payments wlll be..
31
March
2022
Year endSng
March
2024
March
2023
l£sl
Year I
Year 2
Year 3
Yeai 4
Year S
Year 6
Year 7
Year 8
Year 9
Yearlo
1,729
2,074
1.729
2.074
2,074
7,729
32

in Harrow
Mind in Harrow
132-134 College Road
Harrow
Middlesex HAI IBQ
020 8426 0929
www.mindinharrow.org.uk
info@mindinharrow.org.uk
MinJ
Qu211ty
MINDFUL
EMPLOYER