Neath Port Talbot Mind Association Financial Statements for the st Year Ended 31 March 2024 Neath Port Talbot Mind Association (A Company Limited by Guaraiitee) Coinpany Regists'ation No. 03750679 Charity Rcgistiztion No. 1076817
Legal and Administrative Information Status Com Status: The charity is incorporatcd under the Coinpanies ALt 2006 and is limited by guantee, each Inember having uiidertakcn to contribiite sucl) ainounts not exceeding one pound a8 inay b required in tIIG Cvcllt of the company being woiind up whilst he or she is still a member or within one year tliereafter. The Association is a chaLLtabIe coinpany limited by giiarantee, registered as a charity in 1988, incorporated in 1999 and agaiii under the new title of Neath Port Talbot Mind associatioii, on the I I ' Jiine 2007. Register Charity Niimber.. 1076817 Company Registration Number: 03750679 Mnber8 of the Executive Committee are elected at the Anniial General Meeting to serve for a period of thiee years, xecutive Coinmittee Tiustees/Directors Sue Joiies (Director and Cliairperson) Wiiiston John Price (DirectorlTreasurer) Jonathan Tidball (Director/Secretary) lan Hiitcliinson (Director) Lowri Collins (Directoi.) Contacls Registered Office and Operations Adth'ess: 21 London Road, Neath, SAII ILE Independent Scrutineer. Forge Accouiitancy, 6 FotEe Road, Poi't Talbot. SA13 INU Bankers: Lloyds Bank Plo, 5 Windsor Road, Neath, SAII ILP Solicitors: Probcrt & Barton, 21, Victoria Gardens, Neath, SAII 3AY
ort ot. the Board of I'rustees For tlie ear ended 31sÉ March 2022 Com number, 03750679 Th¢ TrLt¢SIDlreCtOrs of Neath Port Talbot Mind Associatioii (NPT Mind) have pleasure in prcsciiting its annual i"eport, togetlier witli, the accounts for the year endcd 31 ' M¢wch 2024 which have been independently scrutinised in accordance with Scction 145 of the Charities Act2011. Ob'ectives: The associalioii exists to provide support, information, advice, and a wide vaL'iety of services for pwple who are experiencingT meiital or nOt1011 liealth probleins, their carers,, aiid fainilies, in accordance with the aims and objectives of N.PT Mind. Structure: NPT Mind is inanaged by an Executive Committee (unpaid TrusteeslDirectors) who meet oil a regLilar basis and employ a team of staff (working full and part time) to manage the organisation on a day-to-day basis. The &verage niunber of einployees on the payroll during the year to 31" March 2024 is 23 (2022123 - 20). Review of Activities: The Charily has not only inaintained but, has once agaiii, Increas its level of services over the past twelve montlis, We have been able to deliver a bleiided approach - offering services in persoii and via reinote delivery, We contiiiue to offffl. oiir services using% the latest inforination techiiology, to botli adults and young people experieiiciiig emotional and inental he<1lth pi.obla1, al01 with theii carers,. The organisatioii also offeis a Welfaie Rights Service. Peiinatal Project, Talking Thei'apies; and a Children and Young Person's Project (11-18), alon&y witli a specific service aimed at 18 - 25-year-olds. The Association has a training i'emit offering stLidents requiring a pl&c¢m¢nt a valiiable supervised experieiice within the organisation. Financial Review. The total incoine of £570,398 (2022123 - £449,816) was spent on direct charitable expeiiclitLwe totalling £53 3,102 (2022123 - £423,150), and administration costs of £0 (202212023 - £0). Tliis has resiilted iii net income of £37,296 (202212023 £26,666). Unrestricted funds cai'ri¢d forward total £183,5 85 (202212023 - £148,836), iiicludiiig dcsignated funds of £158,948 (202212023 - £58,977). Restricted fiinds are £22,342 (2022/2023 - £19,795). Advice and Inforination: Tlie Resoiirce Centre based at tlie registered offiix offers support, iiifoi"Jnatioii, aclvice, and a l.a1¢ of direct sei'vices foi. people expeLiencing nOtiOnal aiiLI mental health problcms along with theii C£ers,. Tlie Centre was fully open dui'iiig di¢ y¢ar and off¢rs f<ice-to-face sessioiis 2Lg well as providing oiw fiill raiige of services usiiig up to dat¢ iiiforniation t¢c]]nology. Leaflets, inforination, aiid resources are available digitally at www.n tmind.or .Lilc
ri acebook and Twittcr and directly via the organisation and through other i'elevant scrvices in the aira, Rislc Review: The Bxccutivc Coinmitt'ee has conducted its own review of die m¢ijor iisks to which thc charity is exposed, and systems have been established to initigate those risks. All pmc¢durcs are periodically reviewed to ensure that they still meet the needs of the charity. The reserves policy is reviewed i'egularly. The Executive Coininittee have decided to hold £60,000 iii desigiiatcd reserves to covei. rcdundancy costs and obligations under the Resource Centre Lease in case tlie Charity's funding levels significantly decline. Res onsibilities of he Executive Committee,, Company law requires the ExecLltive Committee to prepare finaiicial Statllents for each fiiicincial year which give a fair view ot the state of affairs of die charitable company as at the balance sheet date, and of ils incoming resources and application of resource8 iiicluding income aiid expenditiire for the financial year. In prepariiig these financi stateinents, the Execiitive Cominittee should follow best practice and: Select suitable accouiitiiig policies and then apply them consistently* Mal<e judgeinents and estiniates tliat al'e reasoiiable and pi'udent, Prepare the financial statnentS on the going concern basis unless it is inappropLiate to assuine that tlie company will continue on tliat basis. ii. The Execiitive Coininittee is responsible for iiiaintaiiiing proper accounting records which disclose witli reasoiiable acciwacy at aiiy time tlie financial position of the charitable company and to enable them to ensiire that the fiiiancial stateinents mplY with tlie Companies Act 2006 and tlie CliaiAties Act 201 l. The executive Coininittee is also respoiLsible for safeguaitling the assets of the charitable comp&ny aiid hence taking reasoii&ble steps for the pievention aiid detectioii of fraud aiid other irregularities. Meinbers of di tiv oimni Meinbers of the Executive Comiiiittee wlio are directors for the piirpose of comp£my law, and trLlStees for tlie purpose of charity law who served duringy the yeai qnd up to th¢ date of this repoit Eu'e set out in Page 2. MembLIE of tliL' L'liaritablc comi)tiny &iuaituitec Lo coiiliihiitc aiiiowit not CXL¢¢,dliig £1 to the assets of tlie charitable company in die Cvcnt of winding lip. Tlie total niiinbcr of 8t gLiarantees as of 31 March 2024 is five. This ieport l)as b¢¢ii prepared in accoi"dance with the Stateinait of Recotninended Practice (102) - Accouiiting and Rcporting by Charities aiid in accordlc nce witli the special provisions of Part Vll of the Compaiiies Act 2006. Approved by the ExeCUtive Committee on . Signed by: .. . Sue Joiies (Chairpe130n)
NPT Mind Assoclatlon - Company Reg: 03750679 Statement of Flnancial Activities For the year to 31 March 2024 Total Total Unr68trlcted Dgslgnated Restrfcted Fundi Funds Funds D05crlptlons Notes Total 2023 INCOMNG RESOURCES Rostrlcted Income Unrestrlclgd Grant Income Donallons Trainlng Bank Interest Spare Total Income 533,263 533,263 420,977 20,650 14,800 11,117 11,461 1,870 2.138 3,498 440 20.650 11.117 1,870 3,498 .18,485 20,650 533,263 570,398 449,816 RESOURCES EXPENDED Charltable Expèndlture 1,008 30,500 501,595 533,102 423,150 Net In¢on*l(Expendltu re) 15A77 .9,850 31,668 37,290 28,866 . Fund balances broughtforward 89,859 58,977 19.795 ie8,631 141,965 Tran8fer8 InJ(Out) 0,700 109,821 -29,121 Fund balanc88 carrlod forward 24,036 22342 205927 188631
NPT Mind Assoclation - Company Reg: 03750679 Balance Sheet as at 31 March 2024 2024 2023 CURRENT ASSETS Debtors Prepayments Savlngs accounts 'Current account Cash in FkrKI Total Current Assets 14,591 1,437 258,592 14,416 34 289,071 7,371 1,642 223,374 16,346 248,768 Creditor8: Du6 wlthln one year -12,978 -10,681 Income Recelved In Advance -70,166 -69,456 Nat Assets 205,927 168,631 REPRESENTED BY: Unrestrlcted funds Openlng Balance Add., Excess Incom&l(Exp6ndlture) Unrestricted fundB sub-total Addl(Deducl): FLnd transfer8 Closxing Balance 89,859 15,477 105,336 .80,700 24,636 64,811 82,949 6,910 89,859 Deslgnated Funds Opening Balance Add., Exce88 Incomel(Eypenditurel Unreslrlcted fund8 sub-total Addl(Deducl)'. Fund trar6f8r8 ClOsng Balance 58,977 -9,850 49,127 109,821 158,948 49,267 210 49,477 9,500 58,977 Restrlcted Funds Openlng Balance Add: Exces8 Incomel(Exp&ndltur6) Unreslrlcted funds sub-total Addl(D6duci)'. FLnd trawfgrs ClOsng Balance 19,795 27,888 8,317 36,205 -16,410 19,795 -29,121 22,342 Total All Funds 205,927 168,631 SAgiied by: (Chaii'person) Sigiicd by: ..... (Treasiirer)
NPT Mind Assoclatlon - Company Reg: 3750679 Notes to the accounts For the year ended 31 March 2024 l. Accounting Pollcies a) ThL accoilllts hav¢ been prepared in accordance witli applicable accounting standards aiid follow the recoinmendations in the St<iteA]ient of R¢irn6nded Practice (FRS102) for Charitics, The Accounts have bccn prcpard usingy thc accruals ba81S. b) At the tiine of approving the financial statcments, the trustees have a reasonable expcctation that the charity has adcquate i'csources to continiie in operational existence for the foreseeable fllture. Tlius, the ti'ustees coiitinue to adopt the going oiicern basis of accounting in pieparing thE financial stateinents. c) Fiinds received by tlie charity are appropriately classifie(l and accoiinted for sep.at¢ly. Restricted funds are used for the purposes specified by the Sponsor aiid matched agaiiist related expenditure. Unrestricted funds can be used in accordance with the cliaritys, objectives at the discretion of the trustees. General expenditiwc such as establishment costs are apportioned to restrictd funds as detern]ined by the Trustees. Transfers between restrictd funds and unrestricted funds are approved by tlie Trustees following a full understandiiig of tlie circumstanccs. Negative balances are set-off against unrestricted fLiiids at the eiid of a funding activity. d) Grants are credited to iiicome over the coiirse of an activity. Donations and other unrestrict1 income ale treated as income oil receipt, e) IT equipiiieiit costing less tlian £750 per item is charged agaiiist incoine in th¢ year ot. piirchase. Fixed Assets are depreciated at the rate of l O % p,a, on a rediicing balance basls, Fixed assets have been sciapped and11ave therefore been wrilten off. g) Cui'rent assets and ciirreiit litibilities are iiieasured in casli or other consideration expected to be paid or iec¢ived, li) Trustees receive no reiniineration for their services. i) The employment costs of one employee dui'ing th¢ year was £60,665.96, The average niiinber of employees thi'011O]out the year was 23. j) Tli¢ Accounts have been subject to independent scrLitiny for a fee of £600. Ic) Tlie Board has exnI11 tlie charity's requireinents for unrestricted reserves in liglit of the inain rislcs to the oiganisation. It has establislied a designated fund to cover redundancy and repair cost8 tliat illay be reqiiired in tlie eveiit of c108ure through the 108s of the cliai'ity's core sponsor, To redLice tliis risk it is tlie Charity's objective to diversify its ijicoine sources as far as possible. l) The cliarity is exempt from tax on its charitable activities. Iiiput VAT is charg against tlie expense category for which it was incurred, In) The Cliarity coiitributes to iiidividual pengion fiinds for a niiinber of fflnployees. PaneI1tS to defin1 coiitrAbution peiisioii scheines are cliarged in the period iii wliich t]ioy accrue. I'h¢ EIS¥Ols c)1 Ihc .i)otisloLI SL'lioinoN lli'¢ li¢.Icl 8vpiiriitvly 'froin tI108o of ili¢ Ch£ll'ity in i11depId1t'IY ddmiiiistered scheines. n) There were no related party traiisactions for tli¢ year iiiider review.
- D&btors 2024 2023 SBUHB Senrice IMprOnnt Fund - CYP Acti nItOn9 SBUFB Senlce Impr0Mnt Fund - Adu Active M)nltorirvJ [ CIu8ter Co-op Reslllence Prograne - Young MlrKls Mssing Middle SBUFE seCe Irrpr0nl MH Fund IAM CYPI li C08t ReCory Total Dobtor8 4,843 4.936 1,330 1,715 659 4,997 PrepayThnt¥ 2024 2023 In5uranGo ITCosts UUlllles- Water Alamvsecurlty Total PrepaYnt5 779 629 129 719 43 380 4, Credltor8 2024 2023 Employnpnt Employnt IHMRCI Employmènt (Standard Llfe) Penslon Employrwnt (Nest) Pen81on Telephone Rent Payroll Preparalon Accountancy & Audll fees Total Credltor$ -3,OC -6,851 -2K2 -1,795 -135 -1000 -6,108 -118 -834 .275
- Income Recelvod In Advanco 2024 2023 Unrostrlcted Gr8nts- Lloyds FoLThJalon for England & Wales Local Heallh Boarcl Chlldren In Need Mi¥slng Mlddle Wal88 - Supoorted S81p Help Natlonal Lottery - WellLlw After Stroke ond8nce FndatiOn- Welc0r Worker MINDIPepsl InVes1J In Mental Health Invesllng In M8nlal Fbalih carry okgr MINDIASICS (Get Actlvel11 Anna Freud & MND- Schools & Collogeg Egrw Support SercO NPT CVS Shared Proyperlly Fund - Volunteer Coun5elllng Coordln8tor Chrygal8, Wntal Health Suppoort for Wornon -6,470 -12,736 -17,848 -2,392 -14,748 -15,947 -8,472 -15,538 -5,730 -5.761 -4.481 Total Incorn Ra¢alved In Advanco 56
AddllD0duct) fund transfer5 Openlng N&t tncomgl Balanc08 Incon* ExpandlturÉ Expendlture CIo8lng Palan 6. Restrlcted Funds Locol Health Board Chlldr8n In Need MIND- Self Help Adu118 Mlsslng Mlddle Wales- Supoorted S81p Help SBUHB Serylca Improvement Fund - CYP Ac Natlonal Lottary - Wellblng After Stroke Neath Port Talbot Council {Tralnlng Offlcer) SBUHB Service Improvement Fund - Adull Ai MIND Cost of Llvlng Fund Moondanc8 Foundatlon - Welcome Worker GP Cluster MINDIPep81 Inve8llng In Mental Health Investlng In Ment81 Health cary ov&r MINDIASICS (Gel Acllvol 11 Co-op Re8lllance Programme - Young Mlnd Anna Freud & MIND - Schoo18 & Colleges E¢ NPT CVS Shared Prosperity Fund- Volun188 NPTCVS Cost of LIng fund Local H8alth Board - Mums Matter Chlldren In Naed- Supportod Self-hdlp Chrysalls, Mental Hèalth Suppoorl for Wome 74e5 106,504 109,055 784 19,335 19,230 0 47,158 39,594 0 43,200 31,041 0 19.832 19,286 0 65,836 64,391 0. 16.000 16,213 0 33,893 33,767 0 17,995 16,974 0 26.202 21,706 -108 6,123 7,634 0 31,200 31,144 6468 20,447 7,416 1159 16,992 15,103 3592 2,691 435 40,428 37,087 8,708 8,702 9.974 9,747 3,094 4,209 139 464 -?,551 105 7,584 6,159 546 1.445 -213 126 1,021 4,496 -1,510 56 13,531 1,889 -3,350 3,341 4,974 -89g -7,565 -10 -21 8,159 -12 1,445 -558 204 -147 -21 1,021 4,496 1,614 56 -20,003 3,048 -243 3,776 227 -1,114 -139 36 -233 1,113 2.590 2,451 36 500 Total8 19795 533,263 501,595 31,6811 -29,121 22,342
Neath Port Talbot MIND Association Income & Expenditure Account for the Year Ended 31st March 2024 De8crlptlon 2024 2023 Income RestrScted Income Unrestrlcted Grant I nco Donatlons Tralnlng Bank Inlere8t Total Income 533,263 20,650 11,117 1,870 420,977 14,800 11.461 2,138 440 570 398 Expendlture - Dlrect Cosls Enwloymgnt C Siand8rd Llfe Penslon st Penslon IT Equipment blla Phones Travel & Subslstence e>pense8 A¢lIeS Tralnlng (Inol Courses) c(81tanCY Alflllallon Fees Postag8 Outreach Marketjng & Communlc811ons (Le8fletslTranslatlon) Adverts Recrullment Refreshments Fioom Hlre Expondlturo - Apportloned Clfice suppli8sI Photocopler IT Costs Repalrs and renewals Insurance Telephone Rent Alarml securlty Utlllties (gas, water, eleGtrS¢1ty) Waste disposal and Cl8anlng Sundrles Payroll Prep8rallon Bank Charges Accountancyl Audlt Fees Spare 4 34B,928 ) 86,032 ) 5,922 ) 20,084 ) 4,941 1,320 ) 1,872 } 4,304 3,649 6,522 4,310 286,991 67,140 5,214 13,461 3,672 2,291 2,938 748 10,666 1,884 623 6.738 1,139 408 2,093 34,396 1,089 825 382 25,224 2,039 5,932 9,798 3,228 5.373 2,755 2.000 4,914 3,160 2,001 4,573 930 1,29) 1,482 119 607 2,652 383 1,555 1,365 152 275 Total Expenses 533 102 Surplus l (Defklt)
} Forge Accountancy 6 Tr'orge RIXKI l)(Irt Tall>ol W¢ Glainor&¥aii S'A13 INU TLI.. (111639) 88fj038 18111131) Rebrand of Lewis Ladd & Co Accountants, Payt)11 BurLU, Tax (Q Sniall Busin¢sy Adviso Dlr¢clor8: Mlll¢4)Ini M IAdd & 8u%Bn C. LId Prn¢llcA Moibmxer.. 8. oiidri l.cvy Swih)r Aeeountunt.. 8fjndiM LL'VY Adiiilnl%lrntnr: IreilITIa MiksioiiL Independent examlner's report lo the trustees of NPT Mlnd Assodatlon- company reglstratlon number 3750679. I report to the trustee5 on my examlnatlon of the accounts of the NPT Mlnd Asso¢latlon {the Trust) ft)r Ihp. yehr ended 31" March 2024. ResponslbllltSes and basls of report As the charlty trustees of the Trust vou are responslble for the preparatlon of the accounts In accordance wlth the requlrements of the Charltles Act 2011 ('the Act'l. I report In respect of my examlnatlon of the Trust'5 accounts clrrled out under sectSon 145 of the 2011 Act and In ¢arrylng out my 8xamlnatlon I have followed all the appllcable Dlrectlons 8lvon by the Charlty Cornmlsslon under sectlon 145{511b) of the Act. Independent examlner's 5tstement In conneetlon wlth my examlnatlon. no malter has come to my attentlon: 11) whlch 8lves rne reasonable cause to belleve that In any materlal respect the requlrements: To keep aecountlng records In accordance wlth seltlon 130 of the 2011 Act and To prepare 8crounts whlch accord wlth the accountln8 records and comply wlth the 8ccountlng requlrements of the 2011 Act have not been met or {21 to whlch, In my oplnlon, attentlon should be drawn In order to enable J proper understandlng of the accounts to be reached I have no concerns ond have come across no other matter5 In connectlon wlth the examlnatlon to whlch attentlon should be drawn In thls report In order to enable a proper understandln8 of the. accounts to be reiched. Sl8ned: Name: rcTÉ4_) p( IKJ J Address: Forge Ac¢ountancy, 6 For8e Road, Port Talbot, SA13 INU. Date: 16.12.2024 Offlee hoiii'j Mond¥y lo'l'liur51kny 9am to 4pm IlrldAy 3pm notr tlIAt Ui¢ro be o¢¢iM5oDs tli¢ wlll Ill lo eloi* Èor liimeli betlYL'eTh 1-2pth) Irorg¢ A¢¢tsMnttsihey l& * trudln¥ n&nit or (n'cco i.Inilted re18¢ere & WAle%' 125?5670