2022-03-31-accounts - Mind In Croydon Ltd

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	Page
Contents
Reference and Administrative Details
Report ofthe Trustees	3-7
Report ofthe Independent Auditors	3-10
Consolidated Statement ofFinancial Activities
Consolidated Balance Sheet	12
Consolidated Cashflow Statement	13
Notes tothe Consolidated Finandal Statements	14-30

TRUSTEES
	JJ Fraser		(resigned	09.05.22)
	B M Garcia
	AJ Horton
	D Martin —Clark
	L Minchella
	SMohamed
	S SKhan		(appointed	14.10.21)
	J Kyne		(appointed	14.10,21)
	G U Obaroghedo		(appointed	141021)
	D M Sayers		(appointed	14.10.21)
	A VThomas		(appointed	14.10.21)
CHIEF EXECUTIVE
	PThompson
REGISTERED OFFICE AND
PRINOPAL ADDRESS
	26 Parnpisford	Road
	Purley
	Surrey
	CRB2NA
AUDITORS
	Xeinadin Audit	i.imite d
	Statutory Auditors
	Becket House
	36Old Jewry
	London
	EC2R BDD
BANK
	National Westminster		Bank Pic
REGISTERED COMPANY NUMBER
	03697678 (England and Wales)
REGISTERED CHARITY NUMBER
	1073880

					31.03.22	31.03.21
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
		Notes	E	E	E	E
INCOME AND ENDOWMENTS	FROM
Donations and legacies		4	61,976	1	61,977	38.295
Charitable activities		7	1,340,355	441,847	1,782,202	1,513,418
Other trading activities		5	85,383	1,459	86,842	47,270
Investment Income		6	83r357		83,357	61,360
Total			1,571,071	443,307	2,014,378	1,660,343
EXPENDITURE ON
Raising funds		9	44,571		44,571	40,829
Charitable activities		10	~1389004	440,784	L829,788	~1556,682
Total			1,433,575	440,784	1,874,359	1,597,510
NET INCOME/(EXPENMIURE)			137,496	2,523	140,019	62,833
TRANSFER BETWEEN FUNDS
Gains/{losses) on investments		22	(22,930)		(22,930)	460,354
Transfers between funds		22	25,530	(25,530)
NET MOVEMENT IN FUNDS			140,096	(23,007)	117,089	523,187
RECONCIUATION OF FUNDS
Total funds brought forward		22	2,885,434	273,053	3,158,487	2,635,300
TOTAL FUND5 CARRIED FORWARD		22	3.025,530	~250046	3,275,576	3,158,4$7

		Group		Charity	Charity
		31.03.22	31.03.21	31.03.22	31.03.21
		Total funds	Total funds	Total funds	Total funds
	Notes	6
FIXEDASSETS
Tangible assets	15	789.347	791,239	789,347	791,239
Investments	16	402,119	425,048	402,219	425,148
Investment property	17	1,305.000	1,305,000	1,305,000	1,305,000
		2,496,466	2,521,287	2,496,566	2,521,387
CURRENT ASSETS
Stock	18		2,965		2,965
Debtors	19	46,473	76,218	98,777	93,042
Cash at bank and in hand		973,271	665,952	915,873	642,361
		1,019,744	745,135	1,014,650	738,368
CREDITORS
Amounts falling due within one year	20	(240,634)	(107,935)	(237,891)	(103,516)
NET CURRENT ASSETS		779,110	637,200	776,759	634,852
NETASSETS		3,275,576	3,158,487	3,273,325	3,156,239
FUNDS
General fund	22	2,295,950	2,155,854	2,293,699	2,153,606
Fair value reserve	22	729,580	729,580	729,580	729,580
Restricted funds	22	250,046	273,053	250,046	273,053
TOTAL FUNDS		3,275,576	3,158,487	3,273,325	3,156,239

				31.03.22	31.03.21
			Notes	f	f
Cash flows from operating	actlvitlesr
Cash generated from operations				246,724	88,778
Net cash provided by (used in) operating				246,724	88,778
activities
Cash Rows from Investing	actlvtdes:
Investment property rents	received			64,340	42,204
Other investment Income received				18,950	18,950
Purchase oftangible amets				(22,762)	(80,433)
Interest received				67	206
Net cash provided by (used	in) investing			60,595	(19,073)
activities
Change in cash and cash equivalents		Inthe
reporting period				307,319	69,705
Cash and cash equivalents	atthe beginning
ofthe reporting period				665,952	594947
Cash and cash equivalents	atthe end	ofthe
reporting period				973,271	665,952

						31.03.22	31.03.21
						f
Nat Income/(expenditure)			forthe reporting		period (as per the statement
offinancial activities)						117,089	523,187
adjustments for:
Depreciation charges						17,054	19,989
Investment (gsins)/losses						22,930	(460,354)
Investment property		rents	received			(64,340)	(42,204)
Other investment	Income received					(18,950)	(18.950)
Interest received						(67)	(206)
Decrease in stock						2,965
(Increase)/decrease	in debtors					29,745	249.939
Increase/(decrease)	in creditors					140,298	(182,623)
Net cash provided	by	(used in) operating		activities		246,724	88,778

NOTES TD THE CONSOLIDATED FINANCIAL STATEMENTS -continued	NOTES TD THE CONSOLIDATED FINANCIAL STATEMENTS -continued
for the Year Ended 31March 2022
2.10	Gifts In Kind
	Items donated for resale are included in other trading actwities when sold and no value is placed on
	the stock at the year end.
2.11	Fixed asset investments
	Investments are basic financial instruments and are initially recognised at their transaction value and
	subsequently measured at their fair value at their transaction	value as at the balance sheet date using
	the dosing quota market price. The Statement of Financial	Activities Includes the gains and losses
	arising on revaluation and dlsposais throughout the year. Realised gains and losses are calculated as
	the difference between sale proceeds and opening carrying value (purchase date if later). Unrealised
	gains and losses are calculated as the difference between the fair values at the year end and their
	carrying value.
2.12	property refurbishment costs
	Mixed motive investment represents mixed use properties which are being refurbished for which the
	investment property fair value cannot be determined reliably,	but for which the company expects that
	their fair value of the Investment property will be reliably determined when refurbishment is
	completed, are measured at cost less impairment, until the fair value becomes reliably determinable
	or refurbishment Is completed —whichever is the earlier.
2.13	Flnendal Instruments
	All loans, investments and short term deposits held by the	charity are classified as basic financial
	Instruments. These financial Instruments are Initially recorded at the transaction price and are
	subsequently measured at their settlement value.
	Cash at bank and in hand includes cash and short term highly	liquid investments with a short maturity
	ofthree months or less from the date ofacquisition or opening	ofthe deposit or similar.
	Debtom are recognised at the settlement amount due. Prepayments are valued at the invoice amount
	prepaid.
	Creditors are recognised where the charity has a present obligation resulting from a past event that
	wig probably result in the transfer offunds to a third party and	the amount due to settle the obligation
	can be measured orestimated reliably. Creditors are normally	recognised at their settlement amount.
2.14	pension costs
	The charity operates a defined contribution pension scheme.	Pension costs charged to the Statement
	of Financial Activities represent the contributions payable	by the charity during the year. These
	contributions are Invested separately from the charity's assets.
2.15	Fund accounting
	General funds are unrestricted funds which are available for	use at the discretion ofthe trustees in
	furtherance of the general objectives of the charity and which have not been designated for other
	purposes.
	Designated funds comprise unrestricted funds that have been	set aside by the trustees for particular
	purposes. The aim and use of each designated fund is set out in the notes to the flnandal statements.
	Restricted funds are funds which are to be used ln accordance with speciffc restrictions imposed by
	donors which have been raised by the charity for particular purposes. The cost of raising and
	administering such funds are charges against the specified fund. The aim and use of each restricted
	fund Isset out in the notes tothe financial statement.
	Further explanation ofthe nature and purpose of each fund	is included in the notes to the financial
	statements.
	16

	Unrestricted	Restricted	Total	Total
	funds	funds	funds	funds
	2022	2022	2022	2021
	E			E
Donations	57,692		57,693	33,285
Legacies	4,284		4,284	5,010
	61,976	1	61,977	38,295

			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
			2022	2022	2022	2021
			E	E	E	E
Shop Income	-trading subsidiary		46,225		46,225	15,656
Fundraislng						2,376
Shops						5,711
Catering sales			5,937		5,937
Training &other professional		fees	21,752		21,752	8,513
Miscellaneous	Income		11,469	1,459	12,928	15,014
			85,383	1,459	86,842	47,270

			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
			2022	2022	2022	2021
Bank interest Investment income Rental income			f 67 18,950 64340		f 67 18,950 64(340	f 206 18,950 42,204
			83,357		83,357	61,360
ncome from other investment	income	in	2021was ag from unrestricted funds.
INCOME FROM CHARITABLE	ACTIVITIES
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
			2022	2022	2022	2021
Chaditable income Rental income from non-investment			f 1,315,116 23,002	f 441,847	f 1,756,963 23,002	f 1,485,668 27,750
propeny
Government grants			2,237		2,237
Total income from chaditable	activities		1,340,355	441,847	1,782,202	1,513,418

RAISING FUN	D	S
					Unrestricted	Restdcted		Total	Total
					funds	funds		funds	funds
					2022	2022		2022	2021
					f			E	E
Trading activities - subsidiary					38,829			38,829	37,232
Fundra ising	expenses				1,643			1,643	389
Catering Costs					2,956			2,956	814
Publicity					913			913	2,394
Bad debts					230			230
					44,571			44,571	40,829
ll expenditure		on raising funds		in 2021was unrestricted.
CHARITABLE	ACTIVITIES CDSTS
					Unrestricted	Restricted		Total	Total
					funds	funds		funds	funds
					2022	2022		2022	2021
					f	F.		f	f
Premises expenses					40,672		750	41,422	30,514
Insurance					14,931		240	15,171	21,288
Light and heat					17,765			17,765	15,154
ISeaning					30,680			30,680	23,018
Repairs and	renewals				30,283			30,283	51,096
Training					19,228			19,228	14,217
Printing, postage and stationery					20,082		75	20,157	13,878
Books and software					17,167			17,167	10,582
Telephone and		fax			24,188		125	24,313	18,818
Transport					7,419			7,419	2,075
Labour costs					(4,318)			(4,318)	21,525
ITsupport costs					31,069			31,669	27,599
Legal and professional					19,851	8,956		28,807	9,280
Bank charges					482			482	441
Special projects									10
Refreshments					(28)			(28)	443
Miscellaneous					3,912			3,912	4,205
					273,383	10,746		284,129	264,143
Staff costs					1,094,595	427,510		1,522,105	1,264,317
Governance	costs —See note 11				6,500			6,500	8,232
Depreciation					14,526	2,528		17,054	19,989
Total expenditure			For charitable		1,389,004	440,7$4		1,829,788	1,556,681
activities

11.	GOVERNANCE	GOVERNANCE	COSTS
							Unrestricted			Restricted		Total		Total
							funds			funds		funds		funds
								2022		2022		2022		2021
								E					E	E
	Audit fees							2,800					2,800	4,700
	Auditors fees		for non-audit		work				940				940	940
	AGM costs							1,260					1,260	1,077
	Annual report		costs					1,500					1,500	1,515
													6,500	8,232
12.	SUPPORT COSTS
							Unrestricted			Restricted		Total		Total
							funds			funds		funds		funds
								2022		2022		2022		2021
								6			E		E	E
	Charitable	activities						1,389,004		440,784		1,829,788		1~556681
13.	STAFF COSTS
													2022	2021
													E	E
	Wages and salaries											1,239,573		1,044,775
	Social security		costs									110,384		93,688
	Pension costs											154,862		131,128
	Ufe Insurance		costs										7,882	14,005
	Recruitment	costs										13,445		9,282
	Trading Subsidiary staff costs											20,940		2,117
												1,547,086		1,294,995
	The average	monthly		number	ofemployees		analysed	by	function	during	the year	was as	follows:
													2022	2021
	Pro)acts												50	33
	Management		and administration			ofthe charity							7	5
													57	38

Depreciation —owned assets
Operating lease costs

2022	2021
f	f
24,654	19,989
28,000	34,443


GROUP		Improvements	Fixtures
	Freehold	to	and	Computer
	property f	property f	fittings f	equipment f	Totals f
COST
At 1April 2021	999,709	80,433	116,282		1,196,424
Additions				22,762	22,762
At31March 2022	999,709	80,433	116,282	22,762	1,219,186
DEPRECIATION
At1April 2021	288,903		116,282		405,185
Charge for year	19,994			4,660	24,654
At31March 2022	308,897		116,282	4,660	429,839
NET BOOKVAlUE
At 31March 2022	690,812	80.433		18,102	789,347
At31March 2021	7102KI6	80,433			791,239
CHARITY		Improvements	Fixtures
	Freehold	to	and	Computer
	property f	property f	fittings f	equipment E	Totals f
COST
At 1April 2021	999,709	80,433	81,097		1,161,239
Additions				22,762	22,762
At31March 2022	999,709	80,433	81,097	22,762	1,184,001
DEPRECIATION
At1April 2021	288,903		81,097		370,000
Charge for year	19,994				24,654
At31March 2022	328,886		81,097		429,839
NET BOOK VALUE
At31March 2022	690,812	80,433		18,102	789,347
At31March 2021	710,806	80,433			791,239

FIXEDASSETINVESTMENT	S GROUP BCHARITY
		Listed	Unlisted
		investments	investments	Totals
		E	E
MARKET VALUE
At 1April 2021 Revaluations		425,048 (22,929)		425,148 $22,929)
At 31March 2022		402,119		402,219
NET BOOK VAWE
At 31Mamh 2022		402,119	100	402,219
At31March 2021		425,048	100	425.148
There were no investment	assets outside the UK.

6431,870)and a	6431,870)and a	market value of6402,119(2021:	market value of6402,119(2021:	6425,048	).		, (
Cost or valuation		at31March 2022 isrepresented		by:
					Usted	Unlisted
					Investments	investments	Totals
Valuation Valuation Cost	In 2021 in 2022				E (6,822) (22,929) 431,870	E 100	E (6,822) (22,929) 431,970
					402,119	100	402,219
The assets	and liabilities ofthe subsidiary		were:
					2022		2021
Current assets Current liabilities					E 57,855 (55,506)		E 23,787 (21,438)
Aggmgate	capital	and reserves			2,349		~2349

FAIR VALUE
At 1April 2021
and 31March 2022	1,305,000
NET BOOK VALUE
At31March 2022	1,305,00D
At31March 2021	1,305,000

STOCK
				Group		Charity
			31.03.22		31.03.21	31.03.22	31.03.21
			E		E	E	E
Stocks					2,965		2,965
DEBTORS:	DUE WITHIN ONE YEAR
				Group		Charity
			31.03.22		31.03.21	31.03.22	31.03.21
			6		E	E	E
Trade debtors			24,067		40.450	24,067	40,450
Prepayments		and accrued income	21,219		34,478	21,219	34,478
Amounts	owed by group undertakings					52,396	17,019
Other debtors			1,187		1,290	1,095	1,095
			46,473		76,218	98,777	93,042

CREDITORS: DUE W	ITHIN ONE YEAR
			Group		Charity
		31.03.22		31.03.21	31.03.22	31.03.21
		f		f	f	f
Trade creditors		9,169			8,835
Taxation and social	security	30,108		21,543	30,471	21,543
Other creditors		6,240		6,240	6,240	6,240
Pension creditor		15,721		3,217	15,721	3,217
Accrued expenses		39,478		62,092	36,706	57,673
Deferred grants and	contracts	139,918		14,843	139,918	14,843
		~240 634		107,935	237,891	103,516
DEFERRED INCOME
					2022	2021
					f	E
At 1April 2021					14,843	194,816
Amounts released	to income				(14,843)	(194,816)
Amounts deferred	in the year				139,918	14,843
At 31March 2022					139,918	14,843

GROUP
		2022	2022	2022	2021
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
			f	f	f.
Fixed assets		725,928	63,419	789,347	791,239
Investments		1,707,119		1,707,119	1,730,048
Current	assets	833,689	186,055	1&019&744	745,135
Current	Babilities	(241,206)	572	(240,634)	~107935)
		3~025530	250,046	3,275,576	3,158,487
		2022	2022	2022	2021
		Unrestricted	Restricted	Total	Total
		fundsf	funds f	fundsf	funds f
F)xed assets		725,928	63,419	789,347	791,239
Investments		1,707,219		1,707,219	1,730,148
Current	assets	828,595	186,055	1,014,650	738,368
Current	liabilities	(238.463)	572	~237,891)	(103,516)
		3 023,279	250,046	3,273,325	3,156,239

CHAIIITY
				Net	Transfers
				movement	between	At
			At 1.4.21	in funds	funds	31.3.22
Unrestricted funds			E	E	E	E
Generalfund Fair Value Reserve			2,153,606 729,580	114,563	25,530	2,293,699 729.580
Restricted funds			2,883,186	114,563	25,530	3,023,279
Orchard House Capital Grant Fairfield House Extension Capital LVP554 Grant Universal Credit Project SWL Suicide Prevention RIN AM SLaM Next Steps Accommodation fund		Grant	68,000 165,852 208 10,063 6,328 (2,548) (380) 25,530	(2,000) (2,528) 380 2,586 1,537 2,548	(380) 380 ~25530)	66,000 163,324 208 12,649 7,865
			273,053	2,523	~25S30	250,046
TOTAL FUNDS			~3156,239	~117086		~3,273325
Net movement in funds,	included	Inthe above are as follows:
			Incoming	Resources	Gains and	Movement
			resources	expended	losses	in funds
Unrestricted funds					E	E
General fund			1,917,349	(1,779,856)	(22,930)	114,563
Restricted funds
Orchard House Capital Grant Falrfleld House Extension Capital LVP 55+Grant Universal Credit Project SWLSuicide Prevention RiN AM		Grant	4,860 28,544 4,795 20,000	(2,0DD) (2,528) (4,480) (25,958) (3,258) ~17452)		(2,000) (2,528) 380 2,586 1,537 2,548
						2,523
TOTALFUNDS			~1,975548	~1,835,532)	(22,930)	117,086

						Net	Transfers
						movement	between	At
					At 1.4.20	in funds	funds	31.3.21
					E	E	E	E
UnrestrNted funda
General	fund				2,096,044	499,295	(441,733)	2,153,606
Fair Value Reserve					269,226		460,354	729,580
Property	Refurbishment		fund		18,621		(18,621)
					2,383,891	499,295		22I&3,186
Restricted funds
Orchard	House Capital Grant				70,000	(2,000)		68,000
Fairfleld	House Extension		Capital Grant		170,459	(4,607)		165,852
LVP55+	Grant					(380)		(380)
Universal	Credit Project				9,355	708		10.063
SWLSuicide Prevention					(238)	6,566		6,328
RiN AM					(774)	(1,774)		(2,548)
SlaM Next Steps Accommodation				fund	358	(150) ~25530		208 ~25 530
					249,160	23,893		273,053
TOTALFUNDS					2,633,051	523,288		3,156,239
Comparative net movement				In funds, included	In the above are	as follows:
					Incoming	Resources	Gains and	Movement
					resources	expended	losses	in funds
					E	6	6	6
Unrestrkted funds
General	fund				2,590,308	(1,551,367)	460,354	499,295
Restricted funds
Orchard	House Capital Grant					(2,000)		(2,0DO)
Fairfleld	House Extension		Capital Grant			(4,6071		(4,607)
LVP 55+	Grant					(380)		(380)
Universal	Credit Project				708			708
SWLSuidde Prevention					6,566			6,566
RIN AM						(1,774)		(1,774)
StaM						(150)		(150)
Next Steps Acmmmodad		on		fund	25,530			25,530
					32,804	(8,911)		23W3
TOTALFUNDS					1.623,112	(1,560,278)	460,354	523,188

GROUP
							Net	Transfers
							movement	between		At
						At 1.4.21	in funds	funds		31.3.22
						f	E	f
Unrestricted funds
General	fund					2,155,854	114,566	25,530		2,295tl50
Fair Value Reserve						729,580				I 729 580
						2,885,434	114,566	25,530		3,025,530
Restricted funds
Orchard	House	Capital Grant				68,000	(2,000)			66,000
Fairflaid	House	Extension	Capital		Grant	165,852	(2,528)			163,324
LVP55+	Grant					208	380	(380)		208
Universal	Credit	Project				10,063	2.586			12,649
SWLSuicide Prevention						6,328	1,537			7,865
RiN AM						(2,548)	2,548
SLaM						(380)			380
Next Steps Accommodation				fund		25,530		(25,530)
						273,053	2523	~25	530)	250,046
TOTAL FUNDS						3,158,487	117,089			3,275,576
Net movement		In funds,	included		in the above are as follows:
						incoming	Resources	Gains	and	Movement
						resources	expended f	losses f		in funds f
Unrestricted itunds
General	fund					1,956,179	(1,818,683)	(22,930)		114,566
Restdcted funds
Orchard	House Capital Grant						(2,000)			(2,000)
Falrfield	House Extension		Capital		Grant		(2,528)			(2,528)
LVP 55a	Grant					4,860	(4,480)			380
Universal	Credit	Project				28,544	(25,958)			2,586
SWL Suicide Prevention						4,795	(3,258)			1.537
RIN AM						20,000	(17,452)			2,548
						58,199	~55676)			2,523
TOTAL FUNDS						2,014,378	(1,874,359)	(22,930)		117,089

				Net	Transfers
				movement	between	At
			At 1.4.20	in funds	funds	31.3.21
			E	E	E	f
Unrestricted funds
General fund			2,098,293	499,295	(441,733)	2,155,854
Fair Value Reserve Property Refurbishment	fund		269,226 18,621		460,354 ~18,621)	729,580
			2,386,140	499.295		2,885A34
Restricted funds
Orchard House Capital Grant			70.000	(2,000)		68,000
FairReld House Extension	Capital Grant		170.459	(4,607)		165,852
LVP55t Grant				(380)		(380)
Universal Credit Project			9,355	708		10,063
SWL Suicide Prevention			(238)	6,566		6,328
RiN AM			(774)	(1,774)		(2,548)
SLaM Next Steps Accommodation		fund	358	(15D) ~25 530		208 ~25 530
			249.160	~23 893		273,053
TOTALFUNDS			2,635,300	~523 188		3,158,487
Comparative net movement		in funds, induded	in the above are	as follows:
			Incoming	Resources	Gains and	Movement
			resources f	expended E	losses f	in funds f
Unrestricted funds
General fund			1,627,539	(1,588,599)	460,354	499,294
Restricted funds
Orchard House Capital Grant				(2.000)		(2,000)
Fairfield House Extension	Capital Grant			(4,607)		(4,607)
LVP 55+Grant				(380)		(380)
Universal Credit Project			708			708
SWL Suicide Prevention			6,566			6,566
RiN AM				(1,774)		(1,774)
SLaM				(150)		(150)
Next Steps Accommodation		fund	25,530			25,530
			~32 804	~8,911)
TOTALFUNDS			1,660,343	(1,597,510)	460,354	523,187

2022	2021
E	f
158,816	131,128

Minimum	lease payment	under non-cancellable	operating	leases fall due as Follows:
				2022	2021
				f	E
Within one year				28,000	13,625
Between	one and five years				18,337
In more	than five years				750
					32,712
Minimum	lease receipts	under non-cancellable	operating	leases fall due as follows:
				2022	2021
				6	6
Within one year				39,750	38,166
Between	one and five years			159,000	161,916
In more than five years					40,000
				198,750	240,082