REGISTERED COMPANY NUMBER: 03957079 (England and WaRes) REGISTERED CHARITY NUMBER: 1081713 REPORT OF THE TRUSTEES AND iJNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 FOR TAN Y MAEN LIMITED
TAN Y MAEN LIMrrED CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Page Report of the Trustees I to 4 Independent Examiner's Report Statement of Ffinanelal Aetlvltfies Balan¢¢ Sheet Notes to the FinaDciAI Statements 9 to 14
TAN Y MAEN L]mED REPORT OF THE TRUSTEES FOR THE ITAR EI¥DED 31 MARCH 2024 The trustees who are also directors of the clwity foT th¢ purposes of the compani Act 2006, present their report with the financial ststements of the clwity for the year ended 31 March 2024. The truskes have adopted the provisions of Accounting and R¢porting by CIMities: Statem¢nt of Rccommcnded Practice applicabl¢ to charities preparing their accounts in accordance with th¢ Financial Reporting Standard applicabl¢ in the UK and Rq>ublic of Ireland {FRS 102) (¢ff¢ctive l January 2019). OWECTIVES AFID ACTIVITIES Objectives and aims Th¢ charity's objectives are: l) The relief of persons experiencing mentsl health prObIen including alcohol and drngs in the North Wales region including Gwedd. Conwy. Wrexban4 Ceredigion and North Powys" in particular but not so as to limit the generality of the foregoing, by: a) The provision of an infornution and support service on mental health and r¢lat¢d issues. b) Promoting good practice in nrntal hcalth by workxng together with voluntary organisations, servic¢ us¢rs, statutory authorities and Care engaged in providing mcntsl health services. 2) The advancement of ethication of the public about mental health issues. Public beneflt As trustees we will give due consideration to the Clwity Comrnission's requirements for reporting on the public benefit of our activities. Page I
TAI¥4 Y MAEN LIMrrED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 ACHIEVEMENT AND PERFORWCE Charltable actmtles We have continued tbis year to fulfil the ainls of our mi&sion stat¢ment which is to provide a service in the community which is strengths based and goal oriented. aiming to help clients to achieve recovery from their mental health and wcllbcing issues in the shortest possible time whilsi ensuring that the support given to them is delivered at the rigbt level, in th¢ right place and ai th¢ right time for their needs. This year we have supported over 500 individuals across a range of projects. Our current projects are: - The Tan Y Maen Wellbeing Centre. Based in Blaenau Ff¢stiniog w¢ ar¢ open to th¢ public for thr¢¢ days a w¢cK including drop-in atrdngements for support as required. We deliver a rdnge of therapeutic activities from the centre including the Mens Sheds Group, Cornmunity Garden Group, Art Group, two music groups and the centre acts as a hub for otb¢r support organisations who d¢livcr support from there including Adferia4 ProbatioN the Police Liaison Te to nam¢ a fcw. - Community W¢llbcing Proj¢cts in BlaeDau Ffcstinio& Dolgellau and Tywyn and in Bala. Through these we deliver individual and group based support based on the holistic needs of the clients. This support will include telephone and face to face talking therapy, mindfulness groups. attendanc¢ with ¢li¢nts at local conllnunity groups and social groups. Our App Based Support project covers the Nthole of Nortb Wales. This is delivered tbrough the Daylio App and WhatsApp Messaging and provides for the needs of clients w]K) may not be best placed to deal with conventional support due to worl family, caring or other commitments. W¢ employ a variety of evidence based therapeutic tools ich we introduce to clients in response to the daily entries made by them in a Wellbeing Diaty kept via the Daylio App. We support clients in applying these tools to their everyday lives as a means of improving their specific and overall wellbeing. We also provide pre-assessments and support for the Silvercloud Program and tie this to support availabl¢ through the Parabl Talking Therdpies programmes, especially CCBT. -our Mentoring for Mentsl Health project which covers Conwy Borough and South Gwynedd. We facilitate and support clients to be goal orieDted, facilitate and support action planning and attend alongside clients in support of their self identified goals as necessary. - Th¢ Parabl Talking Th¢rapi¢s proj¢¢t. undcr vthich we provide Counsellins CCBT, Mindfuln&%s and Therdpeutic courses. - The ICAN project. Our premises in Blaenau Ffestiniog and Dolgellau are recogniscd as Ihc Wellbeing Support Hub for the South Gwynedd area and we Ttteive referrals from GPS. Th¢ Commw)ity M¢ntsl H1th Tea the specialist OT$ attached to the GP practiccs in our arca, as well as r¢f¢rrals from a vari¢ty of oth¢r sources including ADRA Gorwel, Gisda, H¢alth Visitors and other 3rd S¢¢tor support organisations. Our w¢bsit¢ tanyma¢n.org.uk continues to be available to view and rester foT support 2417 and there are a range of virtual support options able to be accessed direct from there (following completion of an online assessment forn)) including, Mindfulncss on Video. Fun FIL Writing to Heal and a Mental Health Podcast. Our support delivers good outcomes for those wbo engage with IL cU¢ilY 70/0 of th0 5UPPQrtcd report all improvement in their wellbeing. the most notable areas for this InrOVeMent beAng a general improvement in overall mental health, increase in confidence and a reduction in feelings of isolation. FINANCIAL REVIEW Financial position Th¢ Charity has UDr¢strictcd rcscrv¢s of £122.583 at 31 Mah 2024 (2023: £131.134) and restricted reserves of £nil (2023: £nil). The accounts for the year ended 31 March 2024 show an excess of expenditure over income of £8,551 {2023: excess of expenditure over income of £25,592. ) Page 2
TAN Y MAEN LIMTfED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 FINANCIAL REVIEW Reserves policy In line with goiMI practice it is agrccd that monies are allocated towards a reserve the purpos¢ of which is: - To ensur¢ cash flow - To cov¢r any unforeseen cIrcuntancCS - To provide th¢ OPpOrn1ty to attract/identify fimding Should existing funding b¢ subjected to cutbacks - To ensure Ihat, should fill)ding cease, the organisation would be able to fulfil all of ils financial and legal obligations en winding up The level of the reserve will b¢ reviewed annually by the Board. Unless and until otherwise ae¢d the organisation will maintain a minirn reserve equRvalenl to the current three months runDing costs of the organisation and cndeavour to increase thts amount to the equivalent of six months nllu)ing costs. Going concern Th¢ trustees are of the view that there are no material uncthainlies and tb¢r¢foT¢ the Charity is a going concern. STRUCllJRE, GOVERNANCE AND MANAGEMENT Governlng document The charity is controlled by its governing documenL its MenraDdUm and Articles of Associatio and constitutes a limited company, limit¢d by 8uararfee, as defined by the Companies Act 2(X)6. Re¢ruitn)ent and appointment of DeTV trnstees Tn]stees are generally recrukted from related and r¢l¢vant organisations. Pot¢ntial trustees are invited to two or three meetings. and if suitable are elected to the board. Relevant training is provided. REFERENCE AND ADMINISTRATIVE DETAILS Regtstered Company number 03957079 (England and Wales) Registered Charlty number 1081713 Registered oifice Chur¢h Street Blaenau Ffestiniog Gwyoedd LtAI 3HB Trustees Delwyn Evans Simon Anderson Margaret Rose Gough Roland Peter Batnes Senior Management Team Philip Griffiths - MaDager CompAny Secretary Philip Griffiths Page 3
TAN Y MAEN LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 REFERENCE AND ADMINISTRATIVE DETAILS Independent Examiner Ffion Taylor IFCCA MAAT) Williams Denton Cyf Chartered Certified Accountants Glaslyn Ffordd y Par Parc Mcnai Bangor GNwedd LL57 4FE Approvcd by order of the board of tte¢S on............................................. and signed on its behalf by: Roland Peter Barnes - Trustee Page 4
INDEPEPIDENT EXAMINER'S REPORT TO THE TRUSTEES OF TAN Y MAEPI LIMrrED Independent examiner's report to the trustees of Tan Y Maen Lfillted ('the Company.) I report to the charity tn]stees on my examination of the accounts of the Company for the year ended 31 March 2024. Responsibilities and basfis of report As the charity's trustees of th¢ Company (and also its directors for the PUTposes of company law) you are responsible for the prepardtion of the accounts in accordance with th¢ r¢quirancnts of the Cornpanies Act 2006 Cthe 2006 ACV). Having satisfied myself that thc accowits of the Company arc not rcquired to be audited under Part 16 of the 2006 Act and are eligible for independent ¢Lqrninatiory I report in respect of my examination of your charitys accounts as carried out under Section 145 of the Charities Act 2011 (lhe 2011 ACV). ID caThying out my examination I have followed the Dir¢ctioDs given by the Charity Commission Under Section 145(5} (b} of thc 2011 ACL Independent examiner's Statennt I have completed my exaMiOrL I confum that no matter5 have come to my attention in ConntiOn with the examination giving me cause to believe." accounting records were not kept in respect of the Company as r¢quired by Section 386 of the 2006 Act. or the accounts do not ac¢oTd with those records. or the accounts do not comply with the accountxng requirements of Section 396 of the 2006 Act other than any requirement thai the accounts give a tru¢ and fair view whi¢b is not a matt¢r considered as part of an indep¢Dd¢nt examination. or th¢ accounts have not been prePad in accordance with the methods and principles of the Statement of Reconmiended Prdctice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with th¢ 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 b¢ drawn in this report in order to cnable a proper understanding of tbe accounts to be reached. Colin Bell FCCA Williams Denton Cyf Chart¢red Certified Accountants Glaslyn Ffordd y Pa Parc Menai Bangor Gwynedd LL57 4FE Datr". Page 5
TAN Y MAEN LIMITED STATEME[ OF FINANCIAL AcfrviTtES (INCORPORATING AN INCOME AND EXPENDrruRE ACCOtiNT) FOR THE YEAR ENDED 31 MARCH 2024 2024 Total fund5 2023 Total fimd8 Unrestricted fimd Restricted Notes INCOME AI¥D ENDOWMENTS FROM Donations and l¢ga¢i¢s 3,005 3,005 Charitable activfitle$ Mental health services 234.934 234934 212,311 Investment in¢on Other income lJ51 lJ51 860 524 590 Total 240,150 240.150 213,425 EXPENDITURE ON Charitable activities Mental health services 248,701 248,701 239,017 NET INCOMElffXPENDITURE) {V51) {8JSI) (25,592) RECONCILIATION OF FUNDS Total funds brought forward 131,134 131,134 156.726 TOTAL FUNDS CARRIED FORWARD 122,583 122583 131,134 Th¢ not¢s forn) part of these financial statements Pag¢ 6
TAN Y MAEN LIMrrED BALANCE SHEET 31 MARCH 2024 2024 Total funds 2023 Total ffimds UDrcstricted fund Restricted funds Notes FIXED ASSETS Tangible assets 896 896 1,333 CURREi¥T ASSETS Debtors Prepayments and accrued inconie Cash at bank 3388 1,492 13&453 3388 1,492 136,453 945 141.455 141,233 141333 142,400 CREDITORS Amounts falling du¢ within one year (19,546) {19•6} (12,599) NET CURRENf ASSETS 121.687 121,687 129,801 TOTAL ASSETS LESS CURRENT LIABiiifiES 122,583 122,583 131,134 NET ASSETS 122.583 122,583 131,134 FUNDS Unrcstricted funds io 122583 131,134 TOTAL FUNDS 122,583 131.134 The charitable company is ¢ntitled exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024. The membcrs have not required the conwany to obtain an audit of its financial statements for th¢ yur ended 31 March 2024 in accordanee with Section 476 of the Companies Act 2006. The trustees acknowledge their responsil>ilities for (a) ¢nsuring that thc charitabl¢ company keeps accounting r¢cords that Comply with Sections 386 and 387 of th¢ Companies Act 2006 and 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 fancial year and of its surp1$ or defjcit for each financial year in accordance with the requiT¢menls of Sections 394 and 395 and which otherwise conwly with the requirements of the Companies Act 2006 relating to flljancial statements, 50 far as applicable to the charitable con)pany. O)) The notes forn] part of these financial sta*ments Page 7 contillued...
TAN Y MAEN LIMITED BALANCE SHEET- conthiued 31 1CH 2024 Th¢s¢ fmancial stslements have been prepared in acconlance with th¢ provisions applicable to charltable companies subject to the small companies regime. The financial statements were approved by thc Board of TneS and authorised foi issue on .. and were Sign on its behalf by: Roland Peter Barnes - Trust¢ Sinwn AndeTson- Trustee The notes forn) part of th¢K fllwicial stat¢rn¢nts Pag¢ 8
TAN Y MAEN LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIES B2s1s of preparlng the financial ststements Th¢ financial ststements of the charitable company, which is a public benefit entity under FRS 102. have been prepared in accordance with the Charities SORP (FRS 102) 'A¢counting and Reporting by Clwities: Statem¢nt of Recommended Practice applicable to charitics preparing their accounts in accordancc with the Financial Reporting Standard applicable in the UK and R¢public of Ireland (FRS 102) (effectiv¢ l January 2019),, Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Rcpublic of Ireland, and the Companies Act 21X)6. The financial statements have bn pr¢pared under the historical cost convention. Income All incom¢ is recognised in the Statement of Financial Activities once th¢ charity has entitlement to'the funds. it is probable that th¢ Incon will be received and the amount can be measured reliably. Expenditur¢ Liabilitics arc recognised as ¢xp¢nditurc as soon as there is a legal or constructive obligation ¢on]n)itting the charity to that expenditure, it is probable that a transf¢r of economic benefits will be rcquired in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under hcadings that aggregate all cost related to the cat¢80ry. Where wsts cannot be directly attributed to particular headings they have been allocated to activities on a basis consist¢nt with the use of resouTces. Tangible flled assets Tangible fixed assets are Stat at cost less depreciatio Th¢ costs of minor additions ar¢ not capita]ised. Depreciation is provided at rates calculated to write off the cost of fixed a&8ets over their expected useful lives on the following basis: Office equiprn¢nt Computer cquipment - 2/ts per annum on cosl - 33 /• per aiinum 011 cost Taxatlon The charity is ¢x¢mpt from corporation tsx on its clwitable activities. Fund aceounllng Unrestricted fimds can be used in accordance with the charitable objectives at the discretion of the ttwstees. Restricted funds can ODly be used for particular restricted PUTPOS¢S Within the objects of th¢ charity. Restrictions arise when specified by tbe donor or when funds are Tais¢d for particular restricted purposes. Further explanation of the nature and purpose of each fimd is includ¢d in the notes to the financial statcments. Operating lease commltnnts Rentals paid under operatll leases are charged to tbe stment of financial activity on a Straight lin¢ basis over the period of the lease. Penslon costs and other post-retlrement benefits The charitable company operates a defined contribution pe10n herne. Contributions payabl¢ to the charitable companYs pension scheme are clwged to th¢ Stslement of Financial Activities in the p¢riod to which they r¢lat¢. Page 9 continued...
TAN Y MAEN LIMITED NOTES TO THE FINANCIAL STATEMENTS- etsnlinued FOR THE YEAR ENDED 31 MARCH 2024 INVESTMENT INCOME 2024 2023 D¢posit account interest lJ51 524 INCOME FROM CHARITABLE ACTivrriES 2024 2023 Activity BCUHB Mcntsl health services Gwyncdd Council Mental health serviffs Parabl Mentsl health servi¢¢s BCUHB - Tywyn Wellb¢ing Mental health seryices BCUHB - I)olgellau Wellbeing BCUHB - Mentora BCUHB - ICAN PwlIheli ADRA Co-op con)murrity 58,750 13,433 38,100 23,951 26.899 5,373 31,989 26,431 Mental health servi$ Mentsl health services Mental health services Mental health S¢1¢¢$ Mental health seryices 23,960 27.674 42,105 4,850 2,111 26,311 33.877 57,931 3,500 234,934 212,311 NET INCOMEIIEXPENDrruRE) Net income/{expenditure) is stated after clwgingl(crediting): 2024 2023 Depreciation- owned assets Other operating leases 437 9,460 768 8,599 TRUSTEESI REMUNERATION AND BENEFITS 2024 2023 Trustees, salaries 19,774 17,629 Tn)stee Mr Simon Anderson is paid remuneration in relatioo to the work that he undertakes for the Charitable Company. Page 10 continued...
TAN Y MAEN LIMED NOTES TO THE FINANCIAL STATEMENTS- conlinued FOR THE YEIiR ENDED 31 MARCH 2024 TRUSTEES, REMUNERATION AND BENEFITS - conthiued Trustees, expenses One trustee w&s reimburs¢d expenses of £136 foT travelling costs during the year (2023: £45). COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVlEs Unrestricied Restricted funds Total funds INCOME AND ENDOWMEWTS FROM Charitable a¢dvitie$ Menlal health servi¢¢s 212,311 212,311 Investment income Other incomc 524 524 590 Total 213,425 213,425 EXPENDITURE ON Charltable activities Mcntal health servic¢s 214.017 25,000 239,017 NET INCOMElffjXPENDj Transfers beiween funds (592) (24.049) (25.000) 24,049 (25,592) Net movement in funds (24,641) (951) (25,592) RECOP4CILIATtON OF FUNDS Total funds brought forward 155,775 951 156,726 TOTAL FUNDS CARRIED FORWARD 131,134 131,134 Pag¢ll continued...
TAN Y MAEN LIMfTED NOTES TO THE FINANCIAL STATEMENTS- contknued FOR THE YEAR ENDED 31 MARCH 2024 TANGIBLE FIXED ASSETS ImpTovenKnts Office equipllnt Computer equipment propety Totals COST At l April 2023 and 31 March 2024 31,732 15,429 70 55.041 DEPRECIATION At l April 2023 Charge for year 31,732 15394 45 6,682 392 53,708 437 Al 31 March 2024 31,732 15J39 7,074 54,145 NET BOOK VALUE Al 31 March 2024 806 896 At 31 March 2023 135 1,198 1.333 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Other debtors Prepayments IJ07 1,981 945 3388 945 CREDITORS: AM0s FALLING DUE WITIUN ONE YEAR 2024 2023 A¢¢nlS and dcfcrrcd income 19,546 12,599 10. MOVEMEI4T IN FUNDS Nct n)ovemcnt in funds At 31.3.24 At 1.4.23 Unrestricted funds GeDeral fuDd 131,134 (8551) 122,583 TOTAL FUNDS 131,134 (&551) 122,583 Page 12 Continued...
TAN Y MAEN LIMED NOTES TO THE FINANCIAL STATEMENTS- contlnued FOR THE YEAR ENDED 31 MARCH 2024 io. MOVEMENT IN FUNDS - tonthiued Net movement in fimds. included in the above are as follows: Incoming resources Resourc¢s expended Movement in funds Unrestricted funds General fund 240,150 (248,701) (8,551) TOTAL FUNDS 240,150 (248,701) (8,551) Comparatives for llveent in fund$ Nel mov¢ment in fimds Transfers between funds At 31.3.23 At 1.4.22 Unrestrfcted funds G¢n¢ral fund 155,775 (592) {24,049) 131,134 Restricted funds App Based Support Project 951 (25.000) 24.049 TOTAL FUNDS 156.726 (25,592) 131,134 Comparative net nveMent in fids. included in the above are as follows". Incoming r¢sour¢es Resources expended Mov¢ment in funds Unrestrieted fund$ General fimd 213.425 (214,017) (592) Restricted funds App Based Support Proje¢¢ (25,000) (25,000) TOTAL FUNDS 213.425 (239,017) (25,592) Page 13 continued...
TAN Y MAEN LIMrrED NOTES TO THE FINANCIAL STATEMEYf6 - contiDued FOR THE YEAR ENDED 31 MARCH 2024 io. MOVEMENT IN FUNDS - continued A current year 12 months and prior year 12 months combined posilion is as follows: Net mov¢m¢nt in fimds Transfers between fimds Al 31.3.24 At 1.4.22 Unrestrieted funds General fund 155,775 {9,143) (24,049) 122,583 Restricted funds App Bascd Support Project 951 (25,0) 24,049 TOTAL FUNDS 156,726 (34,143) 122.583 A cuttent year 12 months and prior y¢ar 12 months combined net nx)venKDI in fills, included in the above are as follows: Incoming resources Resources expended Movement in funds Unrestricted fund$ General fimd 453,575 (462.718) (9,143) Restricted funds App Based Support Project (25.000) (25,000) TOTAL FUNDS 453,575 (487.718) (34.143) ii. RELATED PARTY DISCLOSIJ Due to the nature of th¢ charitys operntions and the composition of the board of trustees it is inevitable that transactions will take plac¢ with organisations in which a mcmbcr may have an interest. The rnPany Prime K¢sponse in Mental Health En)ergency CIC ("Prime") is defined as a related party due to significant influenrK or control being held over this conwy by the wife of Tan y Maen Senior Managcmcnt Team member Phil Griffiths. Prime provided mcnlal health mentoring and sUPPOrt services at a cost of £99,010 (2023.. £90,680) during the accounting period. Thes¢ Costs 2r¢ included in expenditure on mentsl health services in the fmancial sta*ments. Page 14