REGISTERED COMPANY NUMBER: 03630284 (England and Wales) REGISTERED CHARITY NUMBER: 1073596 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 FOR CONWY MIND Williams Denton Cyf Chartcred Certitied Accoun19nts Glaslyn Ffordd y Parc Parc Menai Bdngor Gwynedd LL57 4FE
CONWY MIND CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 CONTENT Page Report of the Board of Trustees 1-10 Independent Examiner's Report 11 ststement of Financial Activities 12-13 Balance Sheet 14 Notes to the Cash Flow statsment 17 Notes to the Financial Statements 18-33 Dotailed Statement of Financial Activities 34-35
CONWY MIND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 LEGAL AND ADMINISTRATIVE INFORMATION Board of Trustees Jacky Baldini Carol Ann Cunningham Mr Michael Filzgerald Carter Mrs Carolyn Mary Hinds Mr Robin Gareth Holden Mrs Claire Elizabeth Jackson Ruth Thomas (Resigned 0411112024) Company Secretary Denise Joanne Roberts Charity Number 1073596 Company Number 03630284 (England & Wales) Registered Office Unrt 5325 First Floor North Wales Business Park Abergele Conwy LL22 8LJ Accountants Williams Denton Cyf 13 Trinity Square Uandudno Conwy LL30 2RB Independent Examiners Iliams Denton Cyf Chartered Certifed Accountants Glaslyn Ffordd Y Parc Parc Menai Bangor Gwynedd LL57 4FE Bankers Santander Bank 45 Lord Street Liverpool L2 6PB Nationwide Building Society Nationwide House Pipers Way Swindon SN38 1NW
CONWY MIND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 The charty is controlled by its goveming document, a deed of trust and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. The Trustees who are also directors of the charty for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. The Trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). 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. Under these Articles the members of the Board of Trustees are elected at a General Meeting to serve for a period of three years. The Articles of Association are reviewed regularly to ensure they continue to support the purpose of Conwy Mind and are in accordance with current legislation. The chanty uses the services of the following agents and advisers in carrying out its responsibilities to the ¢ommunity at large.. Banking The current account and a savings account are with Santander bank, with a further Savings account in Nationwide Building Society. Accountants Conwy Mind use Williams Denton Chartered Certified Accountants, Trinity Square, Llandudno LL30 2RB Responsibilities of members of the executive committ88: Company law requires the Trustees to prepare financial statements for each financial year which give a 'true and fair" view of the state of affairs of the company and of the surplus or deficit of the company for that period. In preparing those financial ststements, the trustees are required to.. Select suitable accounting policies and then apply them consislently. Make judgements and estimates that are reasonable and prudent. Prepare the financial statements on the going concern basis, unless it is inappropriate to presume that the company will continue in business. The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy, at any time. the financial position of the company and to enable them to ensure that the financial statements comply wrth the Companies Act 2006 They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detects-on of fraud and other irregularities. This report has been prepared in accordan with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. Senior Management structure Conwy Mind. which is a member of the Mind Federation, is a local independent charity based in Abergele, providing mental health support to the people of Conwy County. The Senior Management structure consists of the CEO, who has been with Conwy Mind for Six years, Services Manager and Finance Manager. The Senior Management team and Board of Trustees are supported by an Office Manager and Governance support role.
CONWY MIND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 Strategy The strategy was instrumentsl in fomiulating our current business plan which is reviewed regularly by the CEO who provides monthly updates to the board. We have been awarded the Mind Qualty Mark (MQM), which is renewed every three years, and is a standard endorsed by the Charity Commission. We were also the winner in the Mind Excellence awards for Leadership. We also renewed our Investing in Volunteers accreditation. Risk management is on-going using a robust, embedded, Risk Register which is updated by the CEO, and which is subject to regular scrutiny by the Board of Trustees. This register details any govemance, business andlor operational risks which the charity faces. A system of red, amber and green wamings is in place to flag up degrees of risk to ensure necessary action can be taken in good time to mitigate these. Conwy Mind has indemnity insurance to cover trustees and formertrustees up to the value of£500,000, which is shared over all LMA'S as part of the standard Mind block insurance. Trustees There are Currently seven trustees, and the Board of Trustees meet quarterly, following a set agenda covering all essential elements such as Health & Safety, Safeguarding and Financial reports, as well as updates on outcomes of bids, development of services and all other meaningful milestones. These meetings are recorded, and minutes presented to the Board of Trustees for approval prior to the next meeting. There are three named officers, Chair, Vice Chair and Treasurer who are elected at a General Meeting to seNe for a period of three years. There are currently three sub-committees which meet either monthly or quarterly. These cover Governance. Finance and Income Generation and, People and Services. The Govemance subcommittee is responsible for reviewing and updating all policies and procedures in line with the Mind Quality Mark. The board may devolve its decision-making powers to these committees, decisions are then ratified by the board at their meetings or via correspondence. These committeès were initially set up to correspond to areas of responsibility defined in the MQM. Following successful completion of the MQM we are monitoring these committees to see if they continue to meet our requirements. During the year one Trustee resigned, and a new Trustee joined the board keeping our numbers stable. We continue to look at how we can best diversify our board. A skills audit oftrustees has recently been undertaken and results will feed into our on- going board recruitment and maintenance process. We take EDI extremely seriously and the Chair, CEO and board secretary have undergone training in board diversification. There is a detailed recruitment and selection process in place for the engagement of new trustees, which follows all relevant governance regulations and policies. particularly EDI. Prospective trustees are asked to provide Iwo references and undergo a DBS (Disclosure and Barring) check before they are invited to join the board. All new Trustees are supported through a robust six-month induction programme with a named Trustee as their 'mentor'. We are scheduled to undertake an exercise to review our governance processeslprocedures and documentation.
CONWY MIND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 OBJECTIVES AND ACTIVITIES Obiecllves and aims Conwy Mind is affiliated to the national organisation of Mind and incorporates the national aims and objectives in its constitution. Whilst Conwy Mind fully subscribes to, and supports, the vision and purpose detailed in national Mind's overarching strategy the Trustees recognise that 'one size does not fft all, and that what works in the inner-city areas of the UK doesn't neSsarILY apply in the County of Conwy areas where the area is rich in tourism and the reality of the wral famiing community. As previously stated, a revised strategy has bn developed for Conwy Mind for the period 2023 to 2028, and extensive consultstion has been undertaken with all interested parties to ensure it will be fit for purpose over the coming years. The trustees confimi that they have referred to the guidance in the Charity Commission's guidance on public benefft when reviewing the aims and objectives of C1. 1. Our Vision.. For as long as you need us, we will be here for you. With one in four people experiencing a mental health issue, that is almost 75.000 people in Conwy needing our help and support for their mental health and well-being. 2. Our Pur ose.. Supporting people and communities to a better understand managing good mental health, enabling people to be able to think, feel and react in the ways that they need and want to live their life. We will do this through- Delivery of excellent servIs. Raising awareness and tackling stigma. Education and training. 3. Our Values Kindness - Respect Integrity - Teamwork This is the first year of our strategy achievements against our current 2023 - 2028 strategy. Our Strategic objectives 1. Reach as many people as possible.. making sure people have a better understanding of mental health and how they can support themselves and others.. Achievement so far- We have increased the number of people we have supported over the last 12 months and increased our reach through our engagement. volunteering, fundraising and social media activities. 2. Raise awareness and tackle stigma across our communities.. Achievement so far- We teamed up with Kinmel Bay Football club to help raise awareness around suicide in men. creating a powerful video highlighting the need for men to reach OLrt for mental health support. This campaign reached over 35000 people through our social media channels. 3. Develop and expand services for Children and Young Persons aged 11- 25 and those who support them: Achievement so far - We have established our Young Person's Suppori Team, who work across local schools in the County of Conwy providing 1-1 support. We continue to seek funding to develop this area of work as we understand the challenges facing young people in the County of Conwy.
CONWI MIND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 4. Build an organisation which is fit for the future and best placed to respond to opportunities ahead Achievements for far- We have invested and developed a robust fvndraising plan. We will continue to review Income Generation, looking to be creative, exploring innovative ideas to help grow and develop services across the three counts'es of Conwy Gwynedd and Ynys Mon.
CONWY MIND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 ACHIEVEMENT AND PERFORMANCE Charitsble activities Achievements and Performance This year presented a unique set of challenges for Conwy Mind, marked by the cost-of-living crisis, reduced funding for core services, and an ongoing increasing demand for our support servIs. Despite these hurdles, we remained dedicated in our commitment to mental health support and service provision. Throughout the year 202>24, we extended our support to over 2,300 individuals, offering one-on-one support, counselling, Active Monitoring, group activities, and support for young people. Our mental health practitioners provided invaluable assistance to 886 people, while our Supported SeW-Help service aided 340 individuals, and 129 individuals reiVed Counselling. Notably, over half of those seeking our ServIS did so for issues related to depression, anxiety, low mood, and low self*steem. The trend of individuals turning to Conwy Mind for support has grown, particularly as they face prolonged waiting times for statutory services. Many of those we assist are on waiting lists for specialist services, some for over a year. Our support acts as a crucial safety net, preventing them from falling through the ¢ra¢ks of the system. The cost-of-living crisis has further compounded these Challenges, necessitating longer-term support as individuals navigate complex benefrt and housing systems, which Can exacerbate mental health difficulties. The biggest challenge for Conwy Mind remains the lack of long-term funding opportunities, with most services only receiving funding on yearfy basis. This makes planning difficult. We continue to engage with statutory providers to discuss funding opporbjnities and highlight the beneffts of our services for the people we support. Supported Self Help The termination of the GP cluster contract for Supported Self-Help in September 2023 was a significant loss, given the services demonstrated success and impact. Efforts to secure Continued funding from the Local Heatth Board have thus far been unsuccessful. Additionally, the conclusion of National Mind's funding for Supported Self-Help in March has prompted us to adapt our approa¢h. We have integrated a core service offer into our existing framework, delivered by Mental Health Wellbeing Practitioners who include supported self- help as part of their comprehensive support package. ICAN hub Our ICAN hub services, commissioned by the Local Health Board, was extended for a further 12 months, but still no long-term commitment from the health board. Funding remains on a year-by-year basis. The hub. offers flexible and personalised support, including support calls for those awaiting other services. The primary service requested through the ICAN hub is onedon-one support, supplemented by our outreach efforts at local Jobcentres and collaborations with initiatives like the Kind Bay Initiative and the Citizens Advice Bureau in Llandudno. Counselling Our Parabl Talking Therapies setvice continued albeit with a degree of uncertainty around whether this service would continue, and we continued to accept clients whilst waiting for Confirmation from the Local Health Board. We have supported people with a range of issues including anxiety and depression, childhood trauma, relationship breakdown and bereavement. 900 of people reported an improvement in their mental health and wellbeing from counselling. Alongside Parabl we have begun to offer a paid counselling service, and we will continue to grow and develop this in 2024-2025. The demand for counselling has increased and Parabl continues to operate a large waiting list, combined with the need for the organisation to look at developing more sustained income streams.
CONWY MIND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 Courses and Groups Through a grant award from National Mind. we piloted the Get Active SeNice, encouraging those with mental health issues to engage in physical activity. The service has been met with enthusiasm and success. Our Get Active Coordinator has introduced a variety of activities, including walks, yoga, and relaxation sessions, which we hope to expand in the coming year. In partnership wtth Conwy Council, we have facilitated art groups as part of the Taith project, enrrching the lives of our participants through creative expression. Young People support Our commitment to young people's mental health remains a key strategic objective for the next 5 years. We supported 56 young individuals through self-help and participated in a project with National Mind and Anna Freud in local schools. Although this partnership concluded in December 2023, we relained our skilled staff to continue providing one-on-one mentsl health support in our local schools. and we are actively seeking funding to sustain this seNice. We commissioned a survey of over 314 young individuals, primarily aged 11-15, in orderto identfy their major stressors which include.. school body image cOnms, fulure uncertainties, friendships, the grief of losing someone close, the stigma associated with seeking help, fear of judgment, distrust, shyness, and the potential for dismissal are significant barriers. "I didn't care for the future at all before I started with Conwy Mind, I'd have rather it not happen and I refused to think about it. Now I'm actually excited to see what the future holds. Training We have continued to promote and develop our training offer to organisations and businesses. This is key development area for income generation and diversification. Our training programmes have ¢ontinued to flourish, with courses such as Mental Health First Aid and Youth Mental Health First Aid being delivered to various organisations, including the Local Health Board and Coleg Llandrillo. We have trained 47 new Mental Health First Aiders in the workplace and delivered mental health awareness sessions to over 250 individuals. Going into 2024 - 2025 a key priority for Conwy Mind is to develop Training further. Volunteering Volunteering remains a cornerstone of our operations. Our WCVA funded pilot project enabled 700 individuals to experience volunteering in a flexible manner. Although this funding has concluded, we have received UK levelling up funding to continue our Keeping Connected program. which combats loneliness and isolation through regular telephone support. Our recrurtment campaign for new volunteers has seen a surge in interest, particularly for our annual fundraising events like Mental Elf and Seal Splash_ Lived Experience Conwy Mind 15 committed to ensuring that we hear the voices of people who access our services and those in the wider community to better understand how we can meet the growing mentsl health needs. Over the last 12 months we have undertaken several surveys including reaching OLrt to young people to gather feedback about what support is needed. We also take part in the Communlty Practice community for Lived Experience, hosted by National Mind to leam and develop our approach to lived experience hearing from Local Minds across the Mind nefvlork. We will continue to develop this area of work and working closely with our neighbouring local minds and Mind Cymru on the wider Lived Experience work across Wales.
CONWY MIND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 Last year we gathered the views from over 450 people, with over 300 of those being young people. People told us they want.. o Informal check ins with tailored support plans o Training to help them support others o A choice of access, online, over the phone and face to face in community venues o Groups to help with sleep, confidence, relaxation and mindfulness, and mood. o Outdoor activities o Peer support and mental health champions We will work to incorporate this feedback into our work and service development over the coming years. Digital Support Our Digital Support reach has increased overthe last 12 months. We have invested in a new website, and we continue to look at developing our content. Our services information on social media continues to grow, especially with a 4000A increase in our Instagram exposure and reach, helped by our many collaborations with local businesses such as the INK Gallery We have been utilising Mailchimp to send out a monthly newsletter and other important events to a list that has grown to over 200 people now.
CONWY MIND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 FINANCIAL REVIEW Financial position The statement of financial activities shows a total income level of £668,081 which is higher than the previous year (202312024) of £575,423. Our fundraising income increased to £65,238 income (2023= £17,765) reflecting the benefit of investing in the new Fundraising and Community Engagement Officer role For the financial year 202312024 much of our funding short temi with 12 months being the longest temi of funding. For 202412025 we have been awarded grant ftjnding from the Big Lottery to support our Changing Minds project which will run for three years from November 2024. Conwy Mind is reliant on voluntary support and there are CUrrenY 18 volunteers supporting the activities of the charity. Much of the work carried out by volunteers is befriending and counselling services. We also have 4 volunteers assisting with fundraising events. The Board of Trustees acknowledge and appreciate the support and achievements of the people who volunteer their time to support Conwy Mind. We closely monitor our finances to ensure we can continue to provide services that will benefft the County of Conwy for many years to come. Going Concern Having revised our services strategy, forecasts and business plan the Board of Trustees have a reasonable expectation that the organisation has adequate resources to Continue in operational existen for the foreseeable future. The Board of Trustees continue to monitor the situation closely on a regular basis. The Trustees have not identified any material uncertainties which would mean that the charity would be unable to operate for the foreseeable future. For this reason, the Board of Trustees Continue to adopt the going concern basis in preparing the financial statements. Further details regarding the going concern basis can be found in the accounting policies. Fundralslng and Income Generation Income Generation is a priority for the organisation. A key strategic objective is to become less reliant on short term funding streams. We successfully appointed a dedicated fundraising role in January 23 and developed a robust fundraising plan for our first full year of fundraising. We successful generated over £70k income through community fundraising, Charity of Year, and fundraising events. We want to grow and expand our fundraising work to include an Income Generation Lead and a dedicated fundraising role for the counties of Ynys Mon and Gwynedd. These o new posts are crucial in the next stage of the strategy and business plan for 2024 - 2025 onwards. We have continued to increase our training offer to organisations and businesses in Conwy. We are working to continually develop this area of income generation. We want to explore how we can work more collaboratively wth our neighbouring local minds on areas of income generation and maximise opportunities across North Wales which will benefit the three local minds in North Wales. Inveslment Policy and objectives The Board of Trustees have monitored the investment portfolio very carefully. The investment is a balanced strategy to generate retums from both Gapital appreciation and income and will typically balance the mix of assets. The Board of Trustees met wilh Rowan Dartington to review the progress of the investment. The investment was not performing as well as expected and the Board of Twstees considered the best way forward. It was agreed that due to the poor perfomiance and the risk associated with this investment. the Board of Trustees have decided to cash in the portfolio and instead move the funds to a high interest bank account.
CONWf MIND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 FINANCIAL REVIEW Reserves policy The charity needs financial resources to achieve its purpose and must plan for the longer term to ensure continuity and the ability to respond to unexpected events or opportunities. During the year. the reserves were reviewed. In line wlh our cuent Reserves Policy the level of reserves to be held as a minimum are between £270,000 and £300,000 to meet our contractual obligations Effect of Cost-of-Living crisis We continue to feel the effects of the cost-of-living crisis as both an organisation and the increase in numbers of people seeking support. We are still seeing the trend of people needing longer term support coupled with more complex challenges around finances. debt and housing issues. We expect this trend to continue well into the next financial year and we wart to see what the new incumbent govemment will introduce. FUTURE PLANS We are driven by our strategy and our key strategic objectives. Most concerning for Conwy Mind is the lack of long term funding available and less opportunities for funding available. There is increased competition for smaller fijnding pots. We are aware that we need to look at our own ways of growing and expanding our income through our own fundraising initiatives. We will be looking at how we Can develop our profile and relationships across the three counties of Conwy, Ynys Mon and Gwynedd over the coming 12 months, with the hope of replicating the success and support we have had in Conwy. We are aware that we may be looking to make some difficult decisions about the fLrture of services should the Jnding not continue or reduce. This may result in staff redundancies in the coming year, but we will work to look at alternative solutions as we want to retain our skilled staff. Evidencing our work is key and we will be investing in a new client record system to help us better evidence the impact of the worl( we do. Approved by order of the board of trustees on .... and signed on its behaff by= Carol Ann Cunningha ru 10
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CONWY MIND Ind8pend8nt examlner's report to the ttee8 of Conwy Mind ('the Company.) I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024. Responsibilities and basls of report As the charity's trustees of the Company {and its directors for the purposes of company law) you are responsible for the preparab.on 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 Secbon 145 of the Charities Act 2011 (Yhe 2011 Act.). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) {b) of the 2011 Act. Independent examiner's statement Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that l am qualified to undertake the examination because l am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies. I have completed my examination. l confirm that no matters have come to my attention in connection with the examination giving me cause to believe: accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act., or the accounts do not accord with those records; or the accounts do not comply with the accountin9 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 ¢onsidered as part of an independent examination., or the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for a¢¢ounting and reporting by Charities {appli¢able 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 to enable a proper understsnding of the accounts to be reached. MARTIN STEVEN BARREh The Association of Chartered Certified Accountants filliams Denton Cyf Chartered Certiffied Accountsnts Glastyn Ffordd y Parc Parc Menai Bangor Gwynedd LL57 4FE Date..
CONWY MIND STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024 2024 Totsl funds 2023 Total funds Unrestri¢ted Restrict8d funds funds Notss INCOME AND ENDOWMENTS FROM Donations & Legacies 204,290 416,524 620,814 553,795 other trading activities Investment income 28,600 15,243 3,424 32,024 15,243 16,191 5,437 Total 248,133 419,948 668,081 575.423 EXPENDITURE ON Raising funds 3,353 3,353 20 Charitable activities Head Office General Funds Conwy Mind Counselling Exiemal Training Fundraising l Donations Lloyds Banking Foundation Adferiad Parabl BCUHB Mental Health Grant Mind Active Monitoring Programme Active Monitoring GP Conwy Cluster Mind Co-op Resilience Fund Garfield Weston BCUHB ICAN Community Hub Conwy CBC Recovery College WCVA Voluntary Wales.Grant Mind Whole School Approach Moondance Conwy CBC ASC Steering Group BCUHB Health Inequality Conwy CBC Co-production Mind Cost of Living Grant Mind Early Support Schools & Colleges Abergele in Action Comi¢ Relief Cost of Living Fund Postcode Community Trust National Lottery Community Award Mind Get A¢tive Digatref Rural Homelessness CVSC UK Levelling Up Mind Grant (62,136) {24.710) 4,728 23,771 101,188 20,297 (24,710) 4,728 23,771 101,188 20,297 47,023 67,722 47,158 57,135 (40) 14.098 22,538 27,713 46,557 66,394 50,876 94,817 28,758 12,500 107,025 38,466 14.753 6,300 15,953 4,960 1,108 1,953 47,023 67.722 47,158 57,135 96,269 5,821 27,079 2,210 13,185 96,269 5,821 27,079 2,210 13,185 20,000 42,445 17,857 20,000 42,445 17,857 12,864 12,987 18,385 4,166 25,008 25,008 1,198 18,197 27,306 15,724 193 1,198 18,197 27,306 15,724 193 Total 221,550 438,607 660,157 541,015 12
CONWY MIND STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024 2024 Total funds 2023 Total funds Unrestrictsd funds Restricted funds NET INCOMEI(EXPENDITURE) Transfers between funds 26,583 (27,689) (18,659) 27,689 7,924 34,408 16 Net movement in funds {1,106) 9,030 7,924 34,408 RECONCILIATION OF FUNDS Total funds brought forward 589,582 24,949 614,531 580,123 TOTAL FUNDS CARRIED FORWARD 588,476 33,979 622,455 614,531 13
CONWY MIND BALANCE SHEET 31 MARCH 2024 2024 Totsl funds 2023 Total funds Unrestricted funds Restrictod funds Notes CURRENT ASss Debtors Investments Cash at bank 12 13 16,262 335,758 280.516 27,803 44,065 335,758 323,742 18,009 344,120 356,291 43,226 71,029 632,536 703,565 718,420 CREDITORS Amounts falling due in one year 14 (44,060) {37,050) {81,110) (103,889) NET CURRENT ASSETS 588,476 33,979 622,455 614,531 TOTAL ASSETS LESS CURRENT LIABILITIES 588,476 33,979 622.455 614.531 NEf ASSETS 588,476 33,979 622,455 614,531 FUNDS Unrestricted funds Restricted funds 588,476 33,979 589,582 24,949 TOTAL FUNDS 622,455 614,531 The charitable company is entitled to exemption from audtt under Section 477 of the Companies Act 2006 for the year ended 31 March 2024. The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordan¢e with Section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 ofthe 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 otheiSe comply wth the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. 14
CONWf MIND BALANCE SHEET - continued 31 MARCH 2024 These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small company's regime. The financial statements were approved by the Board of Trustees and authorised for issue on and were signed on its behalf by.. Carol Ann Cunningh 15
CONWY MIND CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Notes Cash flows from op8rating activities Cash generated from operations 46.549) 65.360 Net cash {used in}Iprovided by operating activities 46.549) 65,360 Cash flows from investing activities Interest received 15,243 Net cash provided by investing activities 15,243 5.437 Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting p8riod 131.306) 70,797 355,048 284,251 Cash and cash equivalents at the end of the reportlng period 323,742 355.048 16
CONWf MIND NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2024 RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES 2024 2023 Net income for the reporting p8ri0d (as per the Statement of Financial Activities) Adjustments for: Interest received Investment valuation {Increase}Idecrease in debtors Decrease in creditors 7,924 34,408 (15,243) 8,362 (26,056) 21,536 (5,437) 5,880 81,551 51,042 Net cash (used in)Iprovided by operatlons 65.360 ANALYSIS OF CASH AND CASH EQUIVALENTS 2024 2023 Notice deposits (less than 3 months) Overdrafts included in bank loans and overdrafts falling due within one year 323,742 356,291 (1,243) Total cash and cash equivalents 323,742 355,048 ANALYSIS OF CHANGES IN NET FUNDS At 01.04.23 Cash flow At 31.03.24 Net cash Cash at bank Bank overdraft 356,291 1,243 (32,549) 1,243 323.742 355,048 31,306 323,742 Liquld resources Deposits included in cash Current asset investments 344.120 8.362 335,758 344.120 8,362 335,758 Total 699.168 39,668 659,500 17
CONWY MIND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIES Basis of preparing the financial ststements The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in awordance with the Charities SQRP (FRS 102) '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. Income All income is recognised On the company has entitlement to the income, it is probable that the income will be received. and the amount of income receivable can be measured reliably. Grant income is included when the related Conditions for the grant have been met. Donations are credited to the revenue account when received. The charrty received the benefft of work Caled out by volunteers, but no monetary value is placed upon this in the accounts. Other income is recognised in the period in which it is receivable and to the extent the goods or services have been provided. Expenditu Expenditure is re¢ognised when there is a legal or constwctive obligation to transfer economic benefft to a third party. Expenditure is classed by activty. The costs of each activity are made up of direct charitable costs and support Costs and are allocated diredy to that activity. Direct costs are the costs involved in each activity. Direct costs attributsble to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity are apportioned between those activities on a basis consistent with the use of resources. Support and Governance costs are those costs incurred directly in support of expenditure. Support Costs include management costs, head office costs and governance costs incurred in connection with the administration of the company and compliance with Constitutional and statutory requirements. All expenditure is accounted for on an accruals basis consistent with the use of resources. Tangible fixed assets Depreciation is provided at the following annual rates to write off each asset over its estimated useful life. Improvements to property Plant and machinery 50% on reducing balance 20°A on reducing balance Taxation The charity is exempt from corporation tax on its charitable activities. Fund accounting Unrestricted funds can be used in aG¢ordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for restricted purposes within the objects of the charity. Restriciions arise when specified by the donor or when funds are raised for restricted purposes. 18
CONWY MIND NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIES - continued Going concern The Trustees have considered the company's position at the time of signing the financial statements. The Trustees have also considered the company's forecasts. Based on this, the Trustees have concluded that they have a reasonable expectstion that the company will have adequate resources to Continue operational existence for the foreseeable future, and at least elve months from the date of signing these financial statements, they therefore continue to adopt the going concern basis of accounts in preparing these financial statements. Interest réceivable Interest on funds held on deposit is included when receivable and the amount can be reliably measured by the company, this is normally on notification of the interest paid. Operating Leases Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight- line basis over the lease term. DONATIONS AND LEGACIES 2024 2023 Donations Grants 65,238 555,578 17,765 536,030 620,714 553,795 19
CONWY MIND NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024 DONATIONS AND LEGACIES - continued 2024 2023 Head Offir Mind Organisational Development Grant BCUHB Mental Health Grant BCUHB Health Inequality Lloyds Banking Foundation Adferiad Parabl BCUHB ICAN Communty Hub Mind Active Monitoring Programme Active Monitoring GP Conwy Cluster Co-op Resilience Fund Garfield Weston WCVA Voluntary Wales Grant Mind Whole School Approach Moondance ASC Steering Group Abergele in Action Conwy CBC Co-production Mind Cost of Living Grant Mind Early Support Schools and Colleges Comic Relief Cost of Living Fund Postcode Community Trust Mind Grant National Lottery Community Award Mind Get Active Digatref Rural Homelessness CVSC UK Levelling Up 5,000 24.663 67,722 1,000 9,221 66,394 1,108 27,250 46,557 93,000 50,876 101.519 16,482 12,500 16,594 8,510 17,455 4,960 12,996 1,953 9.000 13,827 18,385 6.250 193 16,667 47,023 96,269 47,158 50,433 25,013 11,683 17,848 11,000 41,482 25.000 4,850 20,835 27,206 15,724 555,576 536,030 20
CONWY MIND NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024 OTHER TRADING ACTIVITIES 2024 2023 Training Income Other Income 27,103 4,921 16,191 32,024 16,191 INVESTMENT INCOME 2024 2023 Deposit Account Interest 15,243 5,437 RAISING FUNDS Other trading activities 2024 2023 Fundraising and Publicty 3,353 20 21
CONWY MIND NOTES TO THE FINANCIAL STATEMENTS - continuad FOR THE YEAR ENDED 31 MARCH 2024 CHARITABLE ACTIVITIES COSTS Direct Costs Support Costs (See note 7) Totsl General Funds Convdy Mind Counselling External Training Fundraising l Donations Lloyds Banking Foundation Adferiad Parabl BCUHB Mental Health Grant Mind Active Monitoring Programme Adive Monitoring GP Conwy Cluster BCUHB ICAN Community Hub Conwy CBC Recovery College WCVA Voluntary Wales Grant Mind Whole School Approach Moondance Mind Cost of Living Grant Mind Early Support Schools & Colleges Abergele in Action Postcode Community Trust National Lottery Community Award Mind Get Active Digatref Rural Homelessness CVSC UK Levelling Up Mind Grant 173,731 (198,441) 4.728 2,641 62,546 6,847 11,570 20,214 9,531 15,856 25,272 5,821 3,143 2,210 6,903 3,164 7,750 5,453 25,008 378 3,951 22,645 4,225 193 (24,710) 4,728 23,771 101,188 20.297 47,023 67,722 47,158 57,135 96.269 5,821 27.079 2,210 13,185 20,000 42.445 17,857 25,008 1.198 18,197 27,306 15,724 193 21.130 38,642 13,450 35,453 47,508 37,627 41,279 70,997 23,936 6,282 16,836 34,695 12.404 820 14,246 4.661 11,499 605,196 S1,608 656,804
CONWY MIND NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024 SUPPORT COSTS Management Costs Governance Costs Total General Funds Conwy Mind Counselling Extemal Training Fundraising l Donations Lloyds Banking Foundation Adferiad Parabl BCUHB Mental Health Grant Mind Active Monitoring Prograrnme Active Monitoring GP Conwy Cluster BCUHB ICAN Community Hub Conwy CBC Recovery College WCVA Voluntary Wales Grant Mind Whole School Approach Moondance Mind Cost of Living Grant Mind Early Support Schools & Colleges Abergele in Action Postcode Community Trust National Lottery Community Award Mind Gèt Active Digatref Rural Homelessness CVSC UK Levelling Up Mind Grant (249,998) 4,728 2,641 62,499 6,847 11,570 20.214 9,531 15,856 25.272 5,821 3,143 2,210 6,898 3,164 7,750 5,453 25,008 378 3,951 22,645 4,225 193 51,557 (198,441) 4.728 2,641 62,546 6,847 11,570 20,214 9.531 15,856 25.272 5,821 3,143 2,210 6,903 3,164 7,750 5,453 25,008 378 3,951 22,645 4,225 193 47 (1) 51,609 51.608 TRUSTEES. REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023. Trustees. expenses There were trustees, expenses paid for the year ended 31 March 2024 of£791.10 {2023- £646.40} 23
CONWY MIND NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024 STAFF COSTS 2024 2023 Wages and salaries 498 173 418,524 498,173 418,524 The average monthly number of employees during the year was as follows.. 2024 21 2023 20 Direct Charitable Administration 22 21 No employees recebved emoluments in excess of £60,000. 10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds Restricted funds Total funds INCOME AND ENDOWMENTS FROM Donations and legacies other trading activities Investment income 146,458 16,191 5,437 407,337 553,795 16,191 5,437 Total 168,086 407,337 575,423 EXPENDITURE ON Raising funds 20 20 Charitable activities Head Office Conwy Mind Counselling External Training Fundraising l Donations Lloyds Banking Foundation Adferiad Parabl BCUHB Mind Active Monitoring Programme Active Monitoring GP Conwy Cluster Co-op Resilience Fund Mind Grant Garfield Weston ICAN Community Hub Conwy CBC Recovery College Voluntary Wales Grant Whole School Approach Moondance (62,136) (40) 14,098 22,538 27,713 {62,136) {40) 14,098 22,538 27,713 46,557 66,394 50,876 94,817 17,186 12,500 107,025 38,466 14,753 6,300 15,953 46,557 66,394 50,876 94,817 17,186 12,500 107,025 38,466 14,753 6,300 15,953 24
CONWY MIND NOTES TO THE FINANCIAL STATEMENTS - Continued FOR THE YEAR ENDED 31 MARCH 2024 10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued Unrestricted Restricted funds funds Total funds Conwy CBC ASC Steering Group BCUHB Health Inequality Conwy CBC Co-production Mind Early Support Schools & Colleges Abergele in Action Comic Relief Cost of Living Fund Mind Co-op Resilience Fund Post¢ode Community Trust 4,960 1,108 1,953 12,864 4,960 1,108 1,953 12,864 12,987 12,987 18,385 11,572 4,166 18,385 11,572 4,166 Total 91,138 449,877 541,015 NET INCOMEI(EXPENDITURE) 76,948 {42,540) 34.408 RECONCILIATION OF FUNDS Total funds brought forward 512.634 67,489 580,123 TOTAL FUNDS CARRIED FORWARD 589,582 24,949 614,531 11. TANGIBLE FIXED ASSETS Improvements to property Plant and machinery Totals COST At 1 April 2023 and 31 March 2024 37,977 109,924 147,901 DEPRECIATION At 1 April 2023 and 31 March 2024 37,977 109,924 147,901 NEf BOOK VALUE At 31 March 2024 At 31 March 2023 25
CONWY MIND NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024 12. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade debtors Prepayments and accrued income Prepayments 4,457 25,922 13,686 3,345 14,664 44,065 18,009 13. CURRENT ASSET INVESTMENTS 2024 2023 Other 335,758 344,120 14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Bank loans and overdrafts {see note 15) Trade creditors Social security and other taxes Pension Accruals and deferred income 1,243 5,807 4,814 7,864 2,460 65,972 1,860 94,979 81,110 103,889 15. LOANS An analysis ofthe maturity of loans is given below- 2024 2023 Amounts falling due within one year on demand.. Bank overdrafts 1,243 26
CONWI MIND NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024 16. MOVEMENT IN FUNDS Net movement In funds Transfers between funds At 01.04.23 At 31.03.24 Unrestrictsd funds Fundraising l Donations Lloyds Bank Foundation Extemal Training Head Office Conwy Mind Counselling Posl¢ode Community Trust Mind Grant 14,571 3,630 93 568,971 40 2,084 193 (14,571) (3,630) (93} 45,118 (40) (8) (193) 2,400 (30,1891 100 2,400 583,900 100 2.076 589,582 26,583 (27,689) 588,476 Restrfcted funds BCUHB ICAN Community Hub Active Monitoring GP Conwy Cluster Conwy CBC Recovery College WCVA Voluntary Wales Grant Mind Whole School Approach Moondance Abergele in Action Mind Cost of Living Grant Mind Early Support Schools & Colleges Mind Get Active National Lottery Community Award Digatref Rural Homelessness 1.609 1,609 6,702 2,497 2,066 2,210 1,502 {6,702) (2,497) (2,066) (2,210) (1,502) (9} (9,000) 1963) 2,638 3,652 4,263 4,263 2,956 2,956 9,000 963 5,530 5,530 2,638 3,652 13,331 13,331 24,949 (18,659) 27,689 33,979 TOTAL FUNDS 614,531 7,924 622,455 27
CONWf MIND NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024 16. MOVEMENT IN FUNDS- continued Net movement in funds. included in the above are as follows- Incomlng resources Resources expend8d Movement In funds Unrestricted funds Conwy Mind Counselling Extemal Training Fundraising and Donations BCUHB Mental Health Grant Lloyds Banking Foundation Head Office Postcode Community Trust Mind Grant 4,688 23,678 89,902 67,722 16.667 20,476 25.000 (4,728) (23,771) (104,473) (67,722) (20.297) 24,642 (25,008) (193) (40) (93) (14,571) (3,630) 45,118 (8) (193) 248,133 {221,550) 26,583 Restricted funds BCUHB ICAN Community Hub Mind Active Monitoring Programme Adferiad Parabl Active Monitoring GP Conwy Cluster Conwy CBC Recovery College WCVA Voluntary Wales Grant Mind Vvhole School Approach Moondance Mind Cost of Living Grant Mind Early Support Schools & Colleges Abergele in Action Mind Get Active National Lottery Community Award Digatref Rural Homelessness CVSC UK Levelling Up 96,269 47,158 47,023 50,433 3,324 25,013 (96,269) (47,158) (47,023) (57,135) (5,821) (27,079) (2,210) (13,185) (20,000) (42,445) (17,857) {18,197} (1.198) (27,306) (15,724) (6,702) {2,497) (2,066) (2,210) (1,502) (9,000) (963) (9) 2,638 3.652 11,683 11,000 41,482 17.848 20,835 4,850 27.306 15,724 419,948 (438,607) (660,157 (18,659) 7,924 TOTAL FUNDS 668,081 28
CONWY MIND NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024 16. MOVEMENT IN FUNDS - continued Comparatives for movement in funds Not At movement 01.04.22 In funds At 31.03.24 Unrestricted funds Head Office Head Office Conwy Mind Counselling Extemal Training Fundraising l Donations Lloyds Bank Foundation Postcode Community Trust- Mind Grant (5,880) 74,914 40 93 3,967 1,537 2,084 193 (5,880) 574,851 40 93 14,571 3,630 2,084 193 499,937 10,604 2,093 512,634 76,948 589,582 Restricted funds Active monitoring GP Conwy Cluster Conwy CBC Recovery College Co-op Resilience Fund Mind Grant BCUHB ICAN Community Hub WCVA Voluntary Wales Grant Mind Whole School Approach Moondance Mind Cost of Living Grant Mind Early Support Schools & Colleges Abergele in Action 6,702 {38,466) (12,2761 (14,025) 1,841 2,210 1,502 9,000 963 6,702 2,497 40,963 12,276 14,025 225 2,066 2.210 1,502 9,000 963 67,489 (42,540) 34,408 24,949 TOTAL FUNDS 580,123 614,531 29
CONWY MIND NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024 16. MOVEMENT IN FUNDS - continued Comparative net movement in funds, included in the above are as follows- Incomlng resources Resources expended Movement In funds Unrestricted funds Head Office Head Office Conwy Mind Counselling External Training Fundraising l Donations BCUHB Mental Health Grant Lloyds Banking Foundation Comi¢ Relief Cost of Living Postcode Community Trust Mind Grant {5,880) 68,016 40 (14,098> {22,558) (66,394) (27,713) (18,385) (4,166} (5,880) 74,914 40 93 3,967 6,898 14,191 26,525 66,394 29,250 18,385 6,250 193 1,537 2,084 193 168,086 {91,138) 76,948 Restricted funds Mind Active Monitoring Programme Adferiad Parabl Active Monitoring GP Conwy Cluster Garfield Weston BCUHB ICAN Community Hub Conwy CBC Recovery College C(FOp Resilience Fund Mind Grant Co-op Resilience Fund Mind Grant (Extend) WCVA Voluntary Wales Grant Mind Whole School Approach Moondance Conwy CBC ASC Steering Group Fund Abergele in Action BCUHB Health Inequality Conwy CBC Co-production Mind Cost of Living Grant Mind Early Support Schools & Colleges 50,876 46,557 101,519 12,500 93,000 (50,876) {46,557) (94,817) (12,500) (107,025) (38,4661 {17,186} (11,572) (14,753) (6,300) (15,953 (4,9601 (12,987) {1,108) (1,953) 6,702 (14,025) (38,466) {12,276) 4,910 11,572 16,594 8,510 17,455 4,960 12,996 1,108 1,953 9,000 13,827 1,841 2,210 1,502 9,000 963 {12,864) 407,337 575,423 {449,877) (541,015) (42,540) 34.408 TOTAL FUNDS 30
CONWY MIND NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024 16. MOVEMENT IN FUNDS - ¢onlinued A current year 12 months and prior year 12 months combined position is as follows.. Net At Movement 01.04.22 In funds Transfers between funds At 31.03.24 Unreslricted funds Head Office Conwy Mind Counselling Extemal Training Fundraising l Donations Lloyds Banking Foundation Postcode Community Trust 499,937 114,152 (30,189) 100 2,400 583,900 100 2,400 10,604 2,093 (10,604) (2,093) 2.076 2,076 512,634 103,531 (27,689) 588,476 Restricted funds Co-op Resilience Fund Mind Grant BCUHB ICAN Community Hub Conwy CBC Recovery College WCVA Voluntary Wales Grant Moondance Mind Early Support Schools & Colleges Mind Get Athve National Lottery Community Award Digatref Rural Homelessness 12,276 14,025 40,963 225 (12,276) {14,025) (40,963) (225) 1,609 1,609 4,263 2,956 5,530 4,263 2,956 5,530 2,638 3,652 13,331 2.638 3.652 13,331 67.489 161,199) 42,332 27,689 33.979 TOTAL FUNDS 580,123 622,455 31
CONWY MIND NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024 16. MOVEMENT IN FUNDS - continued A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows.. Incoming resources ReSoue$ expended Movement In funds Unrestri¢t8d funds Head Office Head Office Conwy Mind Counselling Extemal Training Fundraising l Donations Lloyds Bank Foundation BCUHB Comic Relief Cost of Living Postcode Community Trust Mind Grant (5,880) 92,658 (4,688> (37,869) (127,031) (48,010) {134,116) {18,385) (29,174) (193) (5,880) 120,032 27,374 4,688 37,869 116,427 45,917 134,116 18,385 31,250 193 (10,604) (2,093) 2.076 416,219 (312,688) 103,531 Restricted funds Adferiad Parabl Mind Active Monitoring Programme Active Monitoring GP Conwy Cluster Co-op Resilience Fund Mind Grant Co-op Resilliance Fund Mind (Exiend) Garfield Weston ICAN Community Hub Conwy CBC Recovery College WCVA Voluntary Wales Grant Mind Whole School Approach Moondance Conwy CBC ASC Steering Group Fund BCUHB Health Inequality Abergele in Action Conwy CBC Co-production Mind Cost of Living Grant Mind Early Support Schools & Colleges Mind Get Active National Lottery Community Aware Digatref Rural Homelessnes CVSC UK Levelling Up 93,580 98,034 151,952 4,910 11,572 12,500 189,269 3,324 41,607 8,510 29,138 4,960 1,108 30,844 1,953 20,000 55,309 20,835 4,850 27,306 15.724 (93,580) (98,034) (151 ,952) {17,186) (11,572) (12,500) (203,294) (44,287> {41,832) {8,510) (29,138) (4,960) (1,108) {30,844> {1,953) (20,000) (55,309} (18,197) (1,198) (27,306) (15,724) {12,276) (14,025) (40,963) {225> 2,638 3,652 827.285 {888,484) 161,199) 1,243.504 11.201,172) 42.332 32
CONWY MIND NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024 17. RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 March 2024. 18. OPERATING LEASE COMMITMENTS At the reporting end date the charity had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows.. 2024 2023 Wthin one year Between two and five years 37,397 62,424 37,746 99,821 99,821 137,567 33
CONWf MIND DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 INCOME AND ENDOWMENTS Donations and legacies Donations Grants 65,238 555,576 17,765 536,030 620,814 553,795 other trading activities Training Income Other Income 27,103 4,921 16,191 32.024 16,191 Investment income Deposit account interest 15,243 5,437 Total incoming resources 668,081 575,423 EXPENDITURE Other trading activities Fundraising and Publicity 3,353 20 Charitable activities Wages Rent & Rates Snsurance Telephone Advertising Charitable Expenditure Maintenance Volunteer Costs and Expenses Staff Training Group Activities Computer Costs staff Expenses Staff Travel Recruitment Trustee Expenses 498,173 36,000 6,923 5,497 11,030 418,524 36,000 6,179 3,111 4,842 4,364 8,432 512 5,715 686 9,137 2,270 1,463 12,036 1,899 10,573 1,077 17,166 1,348 2,457 226 791 605.196 501,881 Support costs Management Management costs recharged
CONWY MIND DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Management Governance Costs Accountancy fees Legal fees Office Costs Bank Charges Cleaning Health Insurance Decrease in CA investments 11,217 13,673 13,393 110 2,558 2,296 8,362 9,037 11,758 7,719 70 1,916 2,734 5,880 39.114 Total resources èxpended 660,157 541.015 Net income 35