Neath Port Talbot Mind Association Financial Statements for the year ended 31st March 2025 Neath Port Talbot Mind Association (A Company Limited by Guarantee) Company Registration No. 03750679 Charity Registration No. 1076817 IER Oct 2018
Legal and Administrative Information Company Status The charity is incorporated under the Companies Act 2006 and is limited by guarantee, each member having undertaken to contribute such amounts not exceeding one pound as may be required in the event of the company being wound up whilst he or she is still a member or within one year thereafter. The Association is a charitable company limited by guarantee, registered as a charity in 1988, incorporated in 1999 and again under the new title of Neath Port Talbot Mind association, on the 11 June 2007. Members of the Executive Committee are elected at the Annual General Meeting to serve for a period of three years. Executive Committee (Directors/Trustees) Sue Jones (Chairperson) John Price (Treasurer) Jonathan Tidball (Secretary) Ian Hutchinson (Trustee) Lowri Collins (Trustee) Nicola Oakes (Trustee) Key Contacts Registered Office and Operations Address: 21 London Road, Neath, SAIL ILE Independent Scrutineer: VPA Accountants, 476a Cowbridge Road East, Cardiff, CF5 1BL Bankers: Lloyds Bank Plc, 5 Windsor Road, Neath, SAIL ILP Solicitors: Probert & Barton, 21, Victoria Gardens, Neath, SA11 3AY IER 2 Oct 2018
Report of the Board of Trustees for the Year Ended 31s* March 2025 (Company Registration No. 03750679) The Trustee/Directors of Neath Port Talbot Mind Association (NPT Mind) have pleasure in presenting its annual report, together with, the accounts for the year ended 31" March 2025 which have been independently scrutinised in accordance with Section 145 of the Charities Act 2011. Objectives: The association exists to provide support, information, advice, and a wide variety of services for people who are experiencing mental or emotional health problems, their carers', and families, in accordance with the aims and objectives of NPT Mind. Structure: NPT Mind is managed by an Executive Committee (unpaid Trustees/Directors) who meet on a regular basis and employ a team of staff (working full and part time) to manage the organisation on a day-to-day basis. The average number of employees on the payroll during the year to 31 St March 2025 is 18 (2023/24 - 23). Review of Activities: The Charity has maintained its level of services over the past twelve months. We have been able to continue to deliver a blended approach - offering services in person and via remote delivery. We continue to offer our services using the latest information technology, to both adults and young people experiencing emotional and mental health problems, along with their carers'. The organisation offers Perinatal advice; Talking Therapies; and a Children and Young Person's Project (11-18), along with a specific service aimed at 18 - 25-year-olds. The Association has a training remit offering students requiring a placement a valuable supervised experience within the organisation. Financial Review: The total income of £418k (2023/24 - £570k) was spent on direct charitable expenditure totalling £473k (2023/24 - £533k). This has resulted in a net deficiency of £54k (2023/2024 Surplus - f37k). Unrestricted funds carried forward total £130k (2023/2024 - £184k), including designated funds of £70k (2023/2024 - £159k). Restricted funds are £21k (2023/2024 - €22k). This year's deficiency arises as a direct result of the Executive Committee deciding to utilise unrestricted reserves to maintain the organisations level of services. IER 3 Oct 2018
Advice and Information: The Resource Centre based at the registered office offers support, information, advice, and a range of direct services for people experiencing emotional and mental health problems along with their carers. The Centre was fully open during the year and for face-to-face sessions as well as providing our full range of services using up to date information technology. Leaflets, information, and resources are available digitally at www.nptmind.org.uk. Facebook and Twitter and directly via the organisation and through other relevant services in the area. Risk Review: The Executive Committee has conducted its own review of the major risks to which the charity is exposed, and systems have been established to mitigate those risks. All procedures are periodically reviewed to ensure that they continue to meet the needs of the charity. The reserves policy is reviewed regularly. The Executive Committee have decided to hold €69,999 in designated reserves to cover redundancy costs and obligations under the Resource Centre Lease in case the Charity's funding levels significantly decline. Responsibilities of the Executive Committee: Company law requires the Executive Committee to prepare financial statements for each financial year which give a fair view of the state of affairs of the charitable company as at the balance sheet date, and of its incoming resources and application of resources including income and expenditure for the financial year. In preparing these financial statements, the Executive Committee should follow best practice and: i. Select suitable accounting policies and then apply them consistently, ii. Make judgements and estimates that are reasonable and prudent, iii. Prepare the financial statements on the going concern basis unless it is inappropriate to assume that the company will continue on that basis. The Executive Committee is responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006 and the Charities Act 2011. The executive Committee is also responsible for safeguarding the assets of the charitable company and hence taking reasonable steps for the prevention and detection of fraud and other irregularities Members of the Executive Committee: Members of the Executive Committee who are directors for the purpose of company law, and trustees for the purpose of charity law who served during the year gpd up to the date of this report are set out in Page 2. Members of the charitable company guarantee to contribute an amount not exceeding fl to the assets of the charitable company in the event of winding up. The total number of guarantees as of 31 March 2025 is six. IER 4 Oct 2018
This report has been prepared in accordance with the Statement of Recommended Practice (102) Accounting and Reporting by Charities and in accordance with the special provisions of Part VII of the Companies Act 2006. Approved by the Executive Committee on: … 03 - 12 - 2025 Signed:. s Jones .......... (Chairperson) IER 5 Oct 2018
NPT Mind Association - Company Reg: 03750679 Statement of Financial Activities For the year to 31 March 2025 Descriptions Unrestricted Notes Funds Total Designated Funds Total Restricted Funds 398,242 INCOMING RESOURCES Restricted Income Unrestricted Grant Income Donations Training Bank Interest Counselling Services Total Income RESOURCES EXPENDED Direct Charitable Expenditure Net Income/(Expenditure) Fund balances brought forward Transfers In/(Out) Fund balances carried forward 0 13,937 0 5,062 856 19,855 -4,559 24,414 24,636 10,944 59,994 0 66,171 -66,171 158,948 -22,778 69,999 2024/25 398,242 0 13,937 0 5,062 856 418,097 472,918 -54,821 205,926 398,242 411,306 -13,064 22,342 11,834 21,112" 151,105 2023/24 533,263 20,650 11,117 1,870 3,488 570,39 533,102 37,296 168,631 205,927 IER 6 Oct 2018
NPT Mind Association - Company Reg: 03750679 Balance Sheet as at 31 March 2025 CURRENT ASSETS Debtors Prepayments Savings accounts Current account Cash in Hand Total Current Assets Creditors: Due within one year Income Received in Advance Net Assets REPRESENTED BY: Unrestricted funds Opening Balance Add: Excess Income/(Expenditure) Unrestricted funds sub-total Add/(Deduct): Fund transfers Closing Balance Designated Funds Opening Balance Add: Excess Income/(Expenditure) Unrestricted funds sub-total Add/(Deduct): Fund transfers Closing Balance Restricted Funds Opening Balance Add: Excess Income/(Expenditure) Unrestricted funds sub-total Add/(Deduct): Fund transfers Closing Balance Total All Funds 2 3 4 5 6 2025 € 1,413 1,620 196,788 6,160 34 206,015 -4,909 -49,941 151,105 24,636 24,414 49,050 10,944 59,994 158,948 66,171 2,771 -22,778 69,999 22,342 -13,064 9,278 11,834 21,112 151,105 2024 € 14,591 1,437 258,592 14,416 34 289,071 -12,978 -70,166 205,92T 89,859 15,477 105,336 -80,700 24,636 58,977 9,850 19,127 109,821 158,948 19,795 31,668 51,463 -29,121 22,342 205,926 03.12.2025 These statements were approved by the Executive Committee on Signed by: s. Jones ..... (Chairperson) Signed by: .. (Treasurer) IER 7 Oct 2018
NPT Mind Association - Company Reg: 3750679 Notes to the Accounts for the Year Ended 31% March 2025 1. Accounting Policies a) The accounts have been prepared in accordance with applicable accounting standards and follow the recommendations in the Statement of Recommended Practice (FR$102) for Charities. The Accounts have been prepared using the accruals basis. b) At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Therefore the trustees continue to adopt the going concern basis of accounting in preparing the financial statements. c) Funds received by the charity are appropriately classified and accounted for separately. Restricted funds are used for the purposes specified by the Sponsor and matched against related expenditure. Unrestricted funds can be used in accordance with the charity's' objectives at the discretion of the trustees. General expenditure such as establishment costs are charged to the main sponsor. Transfers between restricted funds and unrestricted funds are approved by the Trustees following a full understanding of the circumstances. Negative balances are charged against unrestricted funds at the end of a funding activity. d) Grants are credited to income over the course of an activity. Donations and other unrestricted income are treated as income when received • e) IT equipment costing less than €750 per item is charged against income in the year of purchase. f) Fixed Assets are depreciated at the rate of 10% p.a, on a reducing balance basis. Fixed assets have been scrapped and have therefore been written off. g) Current assets and current liabilities are measured in cash or other consideration expected to be paid or received. h) Trustees receive no remuneration for their services. i) No employees were paid more that £60,000 per annum. The average number of employees throughout the year is 18. j) The Accounts have been subject to independent scrutiny for a fee of £300. k) The Board has examined the charity's requirements for unrestricted reserves in light of the main risks to the organisation. It has established a designated fund to cover redundancy and repair costs that may be required in the event of closure through the loss of the charity's core sponsor. To reduce this risk it is the Charity's objective to diversify its income sources as far as possible. 1) The charity is exempt from tax on its charitable activities. Input VAT is charged against the expense category for which it was incurred. m) The Charity contributes to individual pension funds for many of its employees. Payments to defined contribution pension schemes are charged in the period in which they accrue. The assets of the pension schemes are held separately from those of the Charity in independently administered schemes. n) There were no related party transactions for the year under review. IER 8 Oct 2018
- Debtors SBUHB Service Improvement Fund - (Adult Active Monitoring) GP Cluster MIND/Pepsi Investing in Mental Health Cost Recovery Total Debtors
- Prepayments IT Costs Utilitles - Water Alarm/security Total Prepayments
- Creditors Employment Employment (HMRC) Employment (Standard Life) Pension Employment (Nest) Pension Room Hire Telephone Rent Utilities (gas, electricity) Payroll Preparation Accountancy & Audit fees Total Creditors
- Income Received in Advance MIND Self-help Missing Middle Natlonal Lottery - Wellbing After Stroke MIND/ASICS (Get Active) II NPT CVS Shared Property Fund - Volunteer Counselling Coordinator Chrysalls, Mental Health Suppoort for Women Children in Need Supported Self-help MIND/Pepsi Investing In Mental Health Moondance Foundation - Welcome Worker Total Income Received in Advance 2025 1.413 1,413 2025 779 711 129 1,620 2025 2025 0 -18,155 -0 0 -10,083 -21,703 -49,941
- Restricted Funds Local Health Board SUHB Service Improvement Fund - Self Help CYP SBUB Service Improvement Fund - Self-help Aduit MIND Self-help Missing Middle National Lottery - Wellbing After Stroke MIND/ASICS (Get Active) I1 GP Cluster VPT CVS Shared Properly Fund - Volunteer Counselling Coordinato Shrysalis, Mental Health Suppoort for Wome: Children in Need Supported Sell-help MIND/Pepsi Investing in Mental Health Moondance Foundation - Welcome Worker Anna Freud & MIND - Schools & Colleges Early Support Service MIND Cost of Living Fund Cost of Living Fund 2024-2026 (Step Forward) Support and empowerment for neurodiversily (SEND) Warm Hub Spaces Grant Garfield Western Foundation - Core costs Totals IER ฿ 0 0 745 398,242 0 0 244 0 411,306 22342 9 2024 4,843 4,936 1,330 3,482 14,591 2024 779 529 129 1,437 2024 0 1,771 -13,064 2024
- 15,236 -17,848 -3,230 -5,761 -4,481 -6,470 -14,748 -2,392 -70,166 : -1,366 -701 1,100 372 19 -1,452 1,402 0 -9,307 3,242 769 1,372 -501 11,834 Oct 2018 -0 -0 -0 -0 -0
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Neath Port Talbot MIND Association Income & Expenditure Account for the Year Ended 31st March 2025 Description Income Restricted Income Unrestricted Grant Income Donations Training Bank Interest Counselling Services Total Income Expenditure - Direct Costs Employment HMRC Standard Life Pension Nest Pension IT Equipment Mobile Phones Travel & Subsistence expenses Activities Training (incl Courses) Consultancy Affillation Fees Postage Outreach Marketing & Communications (Leaflets/Translation) Adverts Recruitment Refreshments Room Hire Cost Recovery Unrestricted Projects Expense Expenditure - Establishment Office supplies/ Photocopier IT Costs Repairs and renewals Insurance Telephone Rent Alarm/ security Utilities (gas, water, electricity) Waste disposal and Cleaning Sundries Payroll Preparation Bank Charges Accountancy/ Audit Fees Spare 4 Total Expenses Surplus / (Deficit) IER Year to date totals 2025 398,242 0 13,937 5,062 856 418,097 310,179) 70,857) 3,810) 17,524) 1,011 ) 2,563) 10,612 2,654 8,208 1,286 650 1,999 278 • 1,340 4,513 1,376 289 33,772 593 11,285 140 7,381 2,862 2,012 565 5,437 1,085 515 1,449 148 300 472,920 -54,823 10 2024 533,263 20,650 11,117 1,870 3,498 570,398 348,928 86,032 5,922 20,084 4,941 1,320 1,872 4,304 3,649 6,522 4,310 445 6,738 1,139 408 2,093 0 34,396 1,649 9,798 3,228 5,373 2,755 2,000 593 4,573 930 1,290 1,482 119 607 533,102 37,296. Oct 2018
CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Report to the trustees Independent Examiner's Report Charity Name: Neath Port Talbot Mind Association On accounts for the year ended 315t March 2025 Charity no 1076817 Set out on pages Responsibilities and basis of report poniember to include the page numbers of additiona sheets) I report to the trustees on my examination of the accounts of the above charity ("the Trust") for the year ended 31/03/2025. As the charity's trustees, you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ("the Act"). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination, / have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. IER 11 Oct 2018
Independent examiner's statement [The charity's gross income exceeded £250,000 and I am qualified to undertake the examination by being a qualified member of ICAEW. •I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination which gives me cause to believe that in, any material respect: • the accounting records were not kept in accordance with section 130 of the Charities Act; or • the accounts did not accord with the accounting records; or • the accounts did not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Signed: Name: Adam Jones Date: 21/11 / 2075 Relevant professional qualification(s) or body (If any): ICAEW Address: 476a Cowbridge Road East Cardiff CF5 1BL IER 12 Oct 2018
Section B Disclosure Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). Give here brief details of any items that the examiner wishes to disclose. IER 13 Oct 2018