REGISTERED COMPANY NUMBER: 04124744 (England and Wales) REGISTERED CHARTfY NUMBER: 1085171 Re of thg Trustees and Flnanclal Slatements for the Y&qr Ended 31 March 2024 for Bristol Mind Bristol Mind Contents of the Financlal Statements for the Year Ended 31 March 2024 Page Report of the Tn 1 to 8 Independent EXamI￿S Report statement of Flnanclal Activlties 10 Balance Sheet 11 Cash FI(￿ Statement 12 Notes to the Cash FkAV SL*em 13 Notes to the Financlal Statements 14 to 20 Delailed Statement of FinaFKial Activitses 21 Bristol IliirMI for the Year Ended 31 March 2024 The Board of Trustees. who are also d1￿ctO￿ irf the tharity for the purposes of the CompanEs Act 2CKJ6. presents rts annual reporttogetherwilh the financial ststements of Ihe charity forlhe period 1 April 2023 to 31 March 2024. The trustees have adopted the prowsions of Accounb"ng and Repottng by Chan1￿.. Statement of Recommended Practice applicable to charities preparing theiraccounts in accordance with the Finaneial ReFM)rting StsrHdard applicabte in the UK and Republic of Ireland IFRS 102) {elfective 1 January 2019). The finanaal statements also compty wilh Charthes Act 2011 and the Companies Act 20￿. OBJECTIVES AND AcrivtriES Publlc benefit In setbng objectives and planning for a(ap*it￿s. the Trustees gbven consKleration to the general guidance published by the Chanty Commission relating to public benefiL Our Memorandum of ASsoc3￿On sets out the organisatKJn's prinr*￿ organisalh)nal Obj￿*ve$ whth are for the publc nefft and are compatible wilh sectson 17 of trte Charibes ￿t 2011. These are.. (1) To promote the preservation of good mental health in partiwlar by enabling arKI empowenng everyone experienciw mer)tal health problems to Irve with. manage and recover from tt￿1r condrtion. (2} To relieve the needs of people with mental health problems by workirwJ to irtcrease the understsnding of mental health and mental health problems by gathering and drsseminatiNJ infomation arml working lo raise awa￿nesS, prcwnote understanding and chalknJe slvJrna and discEimFnab)n. Bristol Mind's charitable actsvit￿ f￿uS on provision of indusbve arKI accessible mental health & well)eing infomiation. counselling. training and awareness-ratsiTrJ for pe(yle resKlent in Bn"stol and the surrounding areas. Our activibes are of public benefit insofar as they promote individual arml convnuntty resli ience. helpiry pe￿)￿ rKIt only to find the right support for themsel￿￿$, but to acbvely er*Jage in volunteeriThJ opportunibes whth contritsts to a mentaly healthy. inclusive society. VISION. MISSION AND VALUES Our Vision is to support everyone in and around Brtstol in athievvw the best mental heallh possible. Our MisS￿n uses power of our k)cal o)mmunty to create indusive based on ￿ expeiien¢e: Our Mindline and Infofine wvices are volunteer-*d and provide the fiTSt steps to finding the right support. Our Community vkIl￿lng services focus on minoritssed groups and priortbse c¢>produdion and teadership. Our Meetsng Minds Counselling serv￿e tr{￿ts kyAT4ncow* iTrJNiduals and includes t&"lored LGBTQIA+ NeurodNergent and 1&25 provision. Our Values are: Compassion- responding to each other wrth effoatrry and COnSKleration Equty- rec(gnLSiNJ dffierent cirrJJmslatw aThJ tailoriNJ opporttjnth'es for success Respect- upholding the dNJnity of other5. obsermg humilty. advancirvJ collaboration Integrity- modellirvJ transparency arKI accountsbiltty in everything we do Bristol Mind Re rt of the Trustees for the Year Endgd 31 March 2024 STRATEGIC REPORT Our work in 202>4 SeNices Bristol Mind is a community-based charity offeriThJ a range ofaccessible services whth help people tofiTrJ ￿ nght support al the rtght time. free from stKJma or discmiinalion. Central to our offer is the princ￿￿ that 9)od mental health & we51being is a community endeavour. enabling people to feel safe in expressing about how they feel. what they need and want in tenns ofsupporL and what lthey can offer as unKiue and valuable indiv￿ua&. In the year ending Marth 2024, Bfi5tol MirKI hekl true to this principle as we continued to *Jdress the longer-temi imp8¢ts o* Covid-19. ObseNing how our eommunity experienwl ongoing remote and isolated lifestyles, increased levels of personal and soual anxiety. and h￿h levels of stress caused by cost-of4Niro rises. Bristc4 Mind frAwsed on strengthening our leadership and infrastrucbjre so that our 14 staff a￿1 111 volunteers fett well supported and could continue to offer high quality. targeted servios. In August 2023. we recruited a pe￿ar￿nt CEO wtlh a bai*grouTrJ in inclusive mental health provision. We then revisited our Strydtegic Plan with trustees. stsff arKI volunteers to focus on.. Consolidating our reSoUr￿S so that we cgn sustsin our sev¥ry￿ over the next three years", collaborab.ng wth one anOth￿r to respoThl creativety to our thmmunity. ￿n9 lived experience as our guKIe: Developing our servw and external partnerships to the benefft of people from lower-wKome and minorltssed communfaes. By the end of March 2024, our Meeting MI￿lS CounselliNJ seThi￿ was set to expand to meet increased demand across the region, wtth plans to inco￿Orate more targeted £5 or fr* sessions. Our Mindline telephone semce was al￿ set to restructu￿ rn response to higher acuty calFs, hol*r volunteer supwrt needs and the need for cross-sector safeguarding. Our Refugee Serwces. which have seen an expansion in reS￿nSe to increased numbers over the last 4 years, were redesigned to allow for a more strategic support fvnction to this ￿ctrjr. Moving fonvard. plans were agreed to broaden our approach to service delivery. bringing together our Refugee arKI Hate Crme aclrvibes under the banner of Communty wellbei￿ Setvice5. Fundraising Bn5tol Mind would Ike to thank all our friends. funde￿. and co1￿)rate donors for their generous S￿pOrt throughout the year. As a local charity, independent from Nafronal DAind. we rely on local indI￿dUal5 to furKlraise for us. and on businesses to support us through cory)orate sponsiN5hip or making us their Charity of the Year {"COWI. In the year end1￿j March 2024. we beneffted from a number of positi.ve corwrate parfvrships wilh Ba￿"more Consulting, Avon Centre of Caravan and Motorhcffie cl￿>. Hartnell Taykx COL*. Home Leisu￿ Di￿ New Look. Hays Travel. Dunkley's Accountants and Saint Gobain. Overall, furKlraising for Bristol Mirmj ha% been a chaknge during the year 20234. wilh a 30% rgjuctton in income reflecting a general I￿nd across the charity sector. In November 2023, we relaunched our trusts and foundats.ons grants ftjndraising and were su￿￿$$fUl with applications to Uoyds Bank FourKlation, Quartet Express and National Lottery Awards for Al. In December2023. we hehj our first National Mind-endorsed •Aental Elf Fun Run and in January 2024, we held our secorKI COm￿lY N￿jht at the newly tsPe￿ Bristol Beacon. communty events were sold-out and succeeded in boosb.ng morale within ourcha¥tty and local community. By the eThl of Marth 2024. a plan for corporate engagement and training was agreed and will be fijrther expbred over the coming year. Achievement and perforniance Bristol Mind is proud of the commitment and dethcation of all our staff and volunteers" to date. we offer our services with a small number of paKI staff and 111 skilled aFKE trained volunteers a year. We simpty could not deliver our Mindline or Meeting Mirnls seMcEs wrthout ths ￿)mmUnitY WkwrL In the year ending March 2024. Brtstol Mind S￿￿ted a totsl of 2.123 unKiue benefftjar￿ across all of our servi￿. We also WOTked with 111 volunteers Nia our Mindline. MeetiNi Minds and Refug￿ Se￿￿e$. vo￿ntee[S for Mindline received 6 weeks of specialtst trainFng. saf8Juarding traini￿ ar#J weekly supervision. Volunteers for our Meeting Minds ¢ounselling seTvices are all counselling trainees on accredrted tiainiTrJ courses incIL￿ing BCPC: U￿￿E- Ihe Doctorate in Counselling Psychology" UWE- Masters in Counseth'ng" Un• of Swth Wales.. melat￿la. and Chrysal￿. 1. Meeti Minds: Our COLtnselling Servi￿ delivered 3.671 sessKME last year to 308 clents in year 2023M. 57 clients (18.5%) identified as beirKJ frc*n LGBTQIA+ convnunities. From a sample of wr counsdling cohor( we tracked PHQ9 {depressiDn) arKI GAD7 {anxiety) scores from ￿ beginnirKJ and end of therapy. usualy 16 sessM)ns in total. Bristol MirKI for Year Ended PHQ9 The data showed that 90% of clients reported an improvement in feelings of ijepression and ho￿lesSneSs. 52% reported more than a 20% improvement 36% of d￿nts moved m(xlerate-severe to mild scores. GAD7 The data showed that 82% of clients rq)orted an inprovement in anx* and stress. 56% rep(xted more than a 20% improvement 28% of clients moved f￿M m(NJerat&sev&e to mld scores. Mindline and Infoline: Mindline is our emotional support teleplK*ne SeThry￿. open 5 evenings per week. Infoline is our information and signposting servicE. open S momings per week. Together. our te￿phOne suppM)rt SeNi￿S recewed a total of 2.633 anonymous calls in the year 202314. For Plirwjline. 1.762 caler5 With a 63% repeat call rate. Infotine recA)rded 871 callers questing infom)ation and signposting. Demographics Mindline." Average fwnth, 27% m* Th Trans l unkno*m. Vthere the callers 4e was krH)wn. 20% were under 25,. 31% were ag&1 2M4: 7% were 3&44', were 4&54". 21% were S&64 aThJ 10% We￿ aged 65% or over. nfoline.. Not CO1￿cted. Presènting issues Mindline.. The most wnmon issue di￿uSsed on tAlls was L8dation (42%). by anxiety135%) and stress {35%1. and depTrssion {20%}. 31% of cals cited physical health rI)n￿m$ orchronic pain. aTrJ 7% menttonwl abuse or hate ime. 26% involved SUiCKlal Kjeati'on or self-ham)". the vast majonty of these were successfvlty manawl orde- escalated with only 6% requiring a referral to uisis kn or enEvyenLy servK2s. Infoline.. Main reason for calls was enquiEies abc￿1 talking therapies {33%> and advocacy and18gal advice1g%}, with ated reasons including depression17%1, housing or hOmel￿nesS {5%) and anxiety {5%1. In ter￿ of signposting. 45% of ¢alls were signpc6ted to other voluntsry or organisations, 39% were referred into Bristol Mind and 16% referred to ststutory or public services. Comm ni Services: Refu Crime Refu ee Pro have deN*Ed at BrEtol Mind in response to the need for trauma4rrfom*d wellbeiry interventions, leading to stabilisab'on. social COn￿CkdnesS and more twnety referraL8 into NHS mental health seNKw. Bristol Mind has worked cbsely with a range of speaalist refugee community Ofyanisations and mental heallh servw. including Bristol Refugee Rights, Bofderfands and The NHS Hope Asylum-seekers aThl Refugee Trduma Service. In the year 202314. we increased the number offvnded welbelng actr¥itEs. recordirrfJ a total of 1.140 attendan￿. which equates to 798 SerVi￿u$ers based on 30% repeat attendance. Greens 81 Serv￿ users We￿ supporkd in 20Z3M over 60 sessio￿% ofcookin9 and orientthn waks for weHbeing, delivered at St Werburghs Cty Fam7. Greenspace arns to red￿e social isolation for pwle seeking asylum by inviting them out of hotel accommodation and into na￿re spaces where they r2n conne(l find sw)ort and leam new skills whi support wellbeiro and resi1￿￿￿. A further 76 seryic&users aC￿SSed lthllbeing Walks in South Glouceslershire, facilitated by our parthership wilh BrKlges for Communii*s. Testimonials.. 'It Is good to stay in a place in the otywith lots rA plants and IltraTefs and to see goats is wonderful. it reminds me of my county". 'In green space. I c¢Jok my fo(%1 from home, my county. pe￿e it I feel pr￿1 arKI happy to share the fami bs beautif¥Jl pla￿ and I love to pKk the vegetable.. "I feel relax in green space. Vve c￿k together. everyone ty each otherfs food. and I donl feel like oulsKle anymore.. "Before. I walk ak)ne and feel sad. WtdlkirKJ t￿ether a￿1 talK my heaj feel better. more dear outsKle rydther than in hotel Bfistol Mind for the Year Ended 31 rch 2024 Women without Borders 154 women servIc￿serS were supported to attend Biief So￿liOn Focused Counselling during the Feriod April 2023 to March 2024. Counselling was offered in &week Ly&s as outreach within Inrtial Accommodation, Bristol Old Vic and in partnetship with Reft￿ee Women of Bristol. focusirKJ On SOLial and normalising enVironw￿Trts which helped women to feel at ease. A further 45 women accessed wellbeing support wthwi a fortnighty group settng. discussing stress & anx￿ty, depression, sleeplessness and copiTrJ strategies for staying well. Clini(31 outcomes were m&qsured ￿ng the Sh(Yt waThY￿k Edinburgh Menlal Well)eing S￿le- ofthe sample gathered.. 70% fett they managed their mcN)d better. 61 % f81t an improved connection to others. 72% felt improved coping skilLs. resuMirwJ in beiThJ atAe to 9et through the day. 52% experienced improvement in sleep. 55% felt more confjdent to ask for help and Su￿￿)1L Testtynonials: 'It was good to know having someone who I wil t* talking to about my pmblem, they help me to answer my ¢Jwn quesb"ons. and this help me to twst myselr. "I feel so grdteful, someone give me a Chan￿ to be upset about many b*1 things in my life. and help me to feel better about myself. IYS a gorKI thing, couTrselling". "Talking about my prob￿M, help me not to see th)ctorfor sleeping tat4ets. For this. l am happ￿". Initial Accommodation Ho Bristol Mind works closety wrfh Borderlands to deltver dr(pin support to ￿Idents of IA hotels. wifh a for￿5 on basic needs and wellbeing support I mentsl health signposting. In the year 202314. we delNered in Brtstol hote15 and one Solxth Gloucestershire hotel. developing turther welkneiThJ acbvi1￿ ac¢J)nling to giant fvnding secured." Signposbng in 3 IA Hotels 420 semcewusers were S￿np(￿ to basic ne* inchKling SIDA cards. dothing. b￿. pushthairs" welbeing actiVFties such as swimming. yoga. football. drama. eookery arKI volunteering.. and to medi￿1 appointments and more intensive tra￿la counselliTrJ via The Ha¥en. and fft Hope NHS SeNic2. Parent-childl Arts & Crafts Clubs at Mercure Bristol Two weekly dubs (ages C￿6 arKI &121 were delivered frir a iotsl of 262 pa￿nts arnl chikjren with the focus on positive relationships through creativty and play. Foolball at Filton Hotel 55 5ervice-useTs look part in a weekly foolball d￿> based at the campus. The group f￿￿j on team building and confidencel *adership in ￿-s￿le foolball- s*lty the gro￿ dosed in Septanber 2023 due to restricttons regarding the pitch use. Drumming for Wellbeing at Filton Hotd A weekly dwmming group for men. delrverpd in pallnershp with Afidan￿ in Frftrjn IA Hotel, folk)wed on from football reached 47 seryice-users across 20 weeks. Feedbad( from the facililators indicated that some participants attendwj regulaty. b￿ame actr¥e mu5Kpns within ￿ widergroup and have joined his cLJmpany in public perfom7ances. Testimonials 'Before. I was alone wilh rny chiklren in yo￿n. rn fr*nds. Now we la￿h. tal(. not alone anymore". °Before Mind group. I don't know nobcty. n(M I have peop￿ to tatk. we share food. my chihjren play with toys, very happy.. "It is good to share how we feel. tl help to know l am not the onty person that feels down.. Facilitator feedback.. "The drummirYJ wortshops habE prowj to be a tr￿endouS success, creating boNls which have increased Confiden￿ and morale". Hate Crime Pro Bllstol Mind works in partnership wrfh 5 other agencies in Bristol and South Gloucestershire within the Bristol Hate Crime and Discrimination Service. Bristol Mind offers mental health ¢asework and support as part of a wider partnership project fund&J by Bristol Cty Cou￿[L A total of 14 Fwle were supported by speaalist (asvwoth during the period April 2023 and March 2024. Demographics casework clients. ljased on tha equalities fornis tlw compknd: 9 men. 5 women. O Trans or not known. 50% Klenttfied as White British" 7% as Middle Easkm - Iranian" 35.PA as mixed bacAground Ivthttel Black)" 7% as any other background. The majonty of semts usets were from the SW •38 group. Bristol Mirnl for the Year Ended 31 March 2024 Workshops °A Force to be Red(oned Vth" (13th September 2023). was a netwcwk meeting organi8ed by Bristol Mind in partnership with SARI. with the arn of bringing ¥eteraNupport agencies and organizab.ons to discuss ways to tackle discrimination and iwualty among ¥eterans and servKe staff of the armed for￿. A total of 39 people from diffe￿nt organisations atteTrJ&l Ihis event Case study Case A is a 64-year-okl woman. White British with a diagnosis of bipolar disorder and posktrdumab"c symptoms who engaged wrth the Hate Crime Servi￿ from June to N¢)vember 2023. She was referred to us due to intimidation, a malioous local authority c(•nplaint and provocabon by some of her neigh￿urS. A was expeTiencing emotional distress aTKI social isolation and was supported with 1."1 le￿phOne sess￿ns. S￿n￿sting to Mindline and filling out a police reporL By the end of the support provKled by Bnstol Mind. A reported beiThJ able to cope better with hate crime. feeling safer and feeling more confNJent to name aThJ report hate incidents. A also ac￿SSed Mityjlffte which hew her to feel less isolated in Ihe eveniNJs. Financial revlew Financlal position 2023r24 was a disakwointKKJ year for BrEtol Mind as the charity Posted a def￿ of £114K There was InveStrr￿￿t in the staff team, which was planned. but the t0￿h econom￿ dimate meant that [n(j￿ne dKI not match the kvel of that investrnent. In the pre￿d￿￿ year, Bristol Mind Fostsd a surr4us of £23k as the le¥d of donations reachp31 and surpassed pre-parKlemic levels. Overall gross ineorrE was £503k compared with £536k in 2022123. Donations were consmlernbly lowerat £121k compared to £233k in 2022r23. 1Ole recognis8 the tough econom￿ cfimate affects.ng COTP)rate and communty donors and we wish to thank all donors for theirvery ge￿rouS SUFPOrt durirrj the year. Over211 gross expenditure was higherduring 2023r24 at £617k coMpar￿j wtth £514k in 2022r23. This was principally due to the planned investrnent in the staff team durirwJ the year. The unrestricted reserves of the tharity are £245k (2￿.. £349k) whth us to weather cashlh)w variations in fundef payments. ReseNes poliey Bristol Mind has unrestricted general. (Wnabj. and ￿$tr￿ted reserves. The Board has reviewed the general reserves consKlering the following: - Diverse sources of tncome - Working capital requirements - Key risks, their potential impact on reseNes and the tinefvame In whith mrtpJating actions could b8 Put into ath.on and the impact they woukl have - Increased level of uncertainty in chanty fiJrKlraising - After effects of the Cowd-19 paThlemtc Trustees have therefore agreed to continue to mainlain genernl reserves at a mnThum oflhree months running Costs. This will help the chartty to withstand a sustained fall in income while providing the capabilty for Trustees and the CEO to then make sure expenditure could be reduced in a manwJed fashion. avcHding ts n*1 to halt imwrtant work abrupty and altow service years to move on in a supporkd and managed fash￿. tf difficulties were to arise. then it has been Calc￿ that reserves of £126k woukl be needed to continue wnning current service5 for at ￿ast three months. This figure k8 based ￿ income and would cover the Lyerabng costs of a significant reduction in income. The re$ep￿ pofi¢y was reMe¥￿d dutring 2022r23. Unrestricted reserves on 31 March 2024 We￿ £245k. £104k k)wer than the previous year. ljjt still more than the minimum reserves level specffied in our reserves poly. The orFgoing firtancial effects of Ihe cost of Iwing increases. particularty on charity donats'ons remain unknown, however Trustees are committed to investing in the new Strat￿ and are likely to approve some Prudent use of reserve5 in the coming financialyear. Tn￿teeS remain commrtied to maintaining the reseNe5 at least at the larget level in the cha￿1ng financial enviroThnent while ensuring that surplus funds are utili%ed to support Charitab￿ objectives. Bristol Mi￿1 Re of the Tntstees for Year E 31 March 2024 Unrestricted ￿seNeS consist of a contiwency fuThl, as t1￿4 as a general resef¥e set asrde to meet any unexpect￿1 changes in the financial environmenL Restricted funds are only available for exFendiiure as directed by the donor. At 31 March 2024 restrthd fvnds totalled £nil. Full analysis of funds can be found in note 13 to Ihe financial statements (2022r23." £9k). Going concem The accounts have been prepared on the assumption that th8 charity is able to conb'nu8 as a going conwn. However, the impactof cost of liwng increases continue to have a profound wnpact on Ihe global economy. followin9 the COVID pandemic and may in tum affect the chanty. The Board continues to W a stroNJ fo￿ts on risk and cost controLs. The Trustees have conshjered Ihe impact of this Issue on Ihe chariws current and future financial posib'on. Fundraising and donations now account for a s￿n]r￿ant proportion of the charitys income. This is 11(ety to be affecaed by current economic challenges. As at the balan￿ sheet date. the ehanty hobJ5 unrestrthl. general reser￿ of £245k including a cash balance of£278k. The Trustees ￿rtsIder that the chartty has sufficient reser￿ and cashfkiw to continue as a going ¢oncem for a perv)d of at least 12 months from the date on which Ihese finanaal statements are approveA. Future Plans and Developments The periryj April 202￿arch 2024 mat*ed the start of a perFod of intense development for Bristol Mind. Looking ahead. we will continue to deve5op our vÉsion for tsroa(￿￿ community mentsl health and well)eing suprm) By movtng premises to a more a￿SsI)le. ccffnmunity-frM)JwJ venu By expanding our Iow-COSt, indusrve counselk'ng wa grants from trust and foundations: By deveknping our services to offer a better'route through. from volunteeriNJ to paid work in mental health,. By designing a new trainirwJ offerpmmotes arKI shares the leaming fr(xn our Mirnlline and Meeting Mints services.. By reaching out to IrKal Corporates to mutual swport and investment opporbjntb'es which benefft the whole community". By improving our wetrA"te and dw3ital l online presen￿ as a rnearts of irffluencing best practi￿ in mental health and wellbeing across Brtstol and surrouTrJing areas. STRUCTUR& GOVERNANCE AND MANAGE11ENT Governing document The organisation is a charÈlable company Iwnited by guarantee. In￿rpora￿ on 13 DeCeM￿r 20CM) and re-registered as charity on 22 Febfuary 2001. The company was establtshed uThJer a V£M(￿andUrn ofAssociats"on which established the objects and powers ofthe ¢harttable company and is govemed under ttsArttcles ofAssociation. In the e￿￿t ofthe company being wound up members are requi￿1 to contribute an amount not exceedir¥J £1. Brist of the T￿￿tee5 for the Year Ended 31 IAarch 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Recruitment and appointment of new trustees The directors of the company are also chanty Trustees for the purposes of (*arity law and under the company's Articles are known as members of the Board of Trustees. Underthe requirements oftheArticles ofAtssociats"on there are a minimum of three and no maximum number crf Trusiees. The Board eommit to f￿[1 a number of members who have lived experienc* of mental health servirAs. Organisational Str￿thre The Board of Trustees administers the charity. The Board nonnauy meets six ts.mes per year. A Ch￿f Executive Officer ("CEO"l is appointed by the Trustees to manage the daY4￿daY operations ofthe chanty. To facilitate effectNe operations the CEO has de￿ated autlw. within presuibed lThntls. for operational Matte￿ induding ffinan￿. employmen( and service delivery. Induction and tralning of trustees All Trustees are fulty iNlueted into Bristol Min(fs governan￿. Tnjstees are drawn from a varEty of business. HR. legal and finance professional bad(grourKls and a skill5 anatysis 15 kepl and annual eValuat￿n undertaken. ensuring Tmstees can contribute in fjjll. Key management remuneralion The Tntslees consider the charity's CEO. and the senior management team comptise the key management personnel of the charity in charge of directing and o)ntrolltng. running. aThJ operating Bristol Mind on a day-tfrday basi%. All Trustees give of their b.me freety arKI no Trustee r￿1¥￿1 reMuneratIL￿ in the year. Risk management The Trustees have a fisk managementstrategy whKth 0)nY￿.. - A qLFarterfy remew of the principal risks and un￿rtaIntieS that the charity fac8& - The establtshment of policw. systems. and pr(￿edureS to mJtvJate those nsks identifed in the quarterly review. - The implementation ofprocedures designed to minmise or manage any potential impact on the chanty shoLtkl those risks materialise. REFERENCE AND ADMINISTRATIVE DETAILS Charity Name.. Bristol Mind Charity Registration Number. 1085171 Company Registration Nthnbw.. 04124744 Registered Offits.. St Brandon's House. 48 Fairfax Stree( Bnstol. BS13BL CEO.. Emma Brech Bankers.. cl￿perat￿Ve Bank. PO Box 2￿J. Delf House. Southway. Skelmetsdale. WN8 6wr Independent examineTS'. FrarKi$ Clarf( LLP. ￿ y￿t01￿ Street Bristol, BS16CKJ Directoys and Tntst88S The directoTr of the charitable company lthe charty) are 115 Tnjstees for the pU￿oSe of thanty law. The Trustees and Offi￿rS serving during the year are as follows". Dr Hayley Richards (Chair) Joanne Diamond (v￿ Chair} Tony WThillock (T￿aSUrer) Victoria Davis (appointed 5 August 2024) Ana Miguel Lazaro (appointed 2 ￿￿USt 2024) Sally Mason Thomas mO￿an (appointed 8 August 20241 Grace Smith (appointed 23 Juty 2￿24) Joanna Sunderfand Tom Vlfjlson AleXanderA1￿ck {resigned 3 Juty 21f24) Siobhan McKeating {resi9ned 19 April 2023) Lauren Chven {resI￿￿j 8 July 2023) Bristol Mind for the Year E 31 March 2024 STATEMENT OF TRUSTEES. RESPONSIBIL￿lEs The trustees (who are also the directots of Bristol mi[￿ for the purposes of compary taw) a￿ responsible for preparing the Report of the Trustee5 and the financial statements in a￿or￿an￿ with applicable law atKI United KirwJdom Ac¢ounts'ng Standards (United Kingdcffn Gen￿allY Accepted Accounting Pracli¢e). Company law requires the trustees to prepare ftnancial staternents for eath finan￿al year vthich giwè a and fair vwi of the state of affairs of the chanlable company and of the incoming resources and application of resources. induding the income and eXF￿r￿litUre. of the charilable company for that perM)d. In preparing Ihose financial statements. the trustees are requir8J to: iect suitable accountsng policies Ihen appty thwn cOns￿ten￿.. observe the meththgs and principlBs in ￿ Chanty SORP.. makejudgements arKI esbmates that are reasonable aTKI pnKlent prepare the financial statements on the goiTrJ cOn￿M basts unless it natwriate to presume that the charitab company will continue in business. The trustees are responsib￿ for keeping proper arxountiry records which disdose with Teasonabte acaxracy at any time the financial position ofthe tharitabk c(#npany and to enable them to ertsu￿ that the financial statements comply wsth the Companies Act 2006. They are also responsib￿ for safeguarding the assds of the charitable cc*npany and hence for tsking reasonable steps for the preventr.on and detect￿ of fraud and other iwlaritss. In so far as the trLLStees are ?￿are.. there i8 no relevant infoThation of whith the charilable cc¥npan￿s irK*peThJent examinets a￿ un*•M￿. and the trustee5 have tsken all steps that they ought to have tsken to make themsefves aware of any relevant infomation and to establish that the lrxlependente￿MtnerS are aware of that infomiab"on. The Chanty Trustees (who afe also the Directors of Btistol Mind for the purposes of Company Law) are ￿sponSible for prep8ring the Trustees. annual report and financial statements in xc0rdar￿e wtth 4)plicable law and United Kingdom Accounts'ng Standards {United lQngdom Generaty A￿pted A￿￿ntsng prad1￿). Company law requires Board OfT￿￿teeS to wepare fi￿ar￿1 stateff* fveach financial year. wh￿h give a true aThY fair view of the state of affair5 of the chartlable a)mpany and the suWus def•it of the charilable company for that peri¢)J. In preparing those financaal statements. the Board of Trustees is requtred to.. - Sekct suitable accounting polioes arKI appty them eonsistentty - Make judgements and estimatss that are reasonable and prudent - state whether applicable acc(xJnts"ng staThJards habe teen followed. $￿JeCt to any materral departures disclosed and explained in the finar￿181 statements - Prepare the financid slatements on the gov¥J con￿rn basi5 unkn ifs inappropnate to preS￿le that the cc¥npany will continue its operatrjns The Board of Trustees are reswnsble for kee￿n9 proper actounting records which di￿kn with reasonable accuracy at any b.me the financial posiiion of the charitable tThipany and to enable them to ensure that the financial statements compty with the Companies Act 20Cfi. They are also resF)onwble for safeguardiro the assets of the chaTrtable company and hen￿ for taking reasonable steps for the preventH￿ and dete￿1￿ offraud and other irwularibes. So far as each Trustee is aware, Ihere ￿ no r￿Want infoThnatK)n ofwhth the charttys independent examin*5 are unaware. Each Trustee has taken all steps necessary to make b(th themse14Es and the irthttndent examiners aware of any levant informats"on. Report of the trustees. inCo￿or￿tir1j a stTrtegic reF)Ort, aFyrov8J by i)rder of ttje board of trusÈes. as the company directors. on 28 November 21r24 arml s￿ned on the boattl's behafi by: Richa s- Chair Inde ndent Examiner's Re ort to the Trustees of Bristol Mind I report to the trustees on my examination of the accounts of Bristol Mind for the year ended 31 March 2024, which are sel OLrt on pages 10 to 21. Responsibilitles and basls of report As the trustees of the charttable company (and also its d1￿CtOrS for the purpK)ses of company law) y(w are responsible for the preparation of the accounts in ac(x)rdance with the requirements of the Companies Act 20061.the 2006 Act,). Having satisfied myself that the a(Lounts of the charitable ￿MpanY are not required to be audited under Part 16 ofthe 2006 Act and are eligible for independent examination. I report in respect of my examinakn'on of the charitable company's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act.). In carying out my examinatSon I have followed the Directions given by the Charity Commission under section 14515) Ib) of the 2011 Act. Indèp•ndent examinerfs statemènt Since the charitable company's gross in(yJme exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. S confimi that l am qualified to undertake the examination because l am a member of the Institute of Chartered Accountants in England and Wales {ICAEW}. whith is one of the listed bodies. I have completed my examination. I confim that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect.. {11 accounting records V￿re not kept in respect of the charitable Company as required by section 386 of the 2006 Act. or {21 the accounts do not accord with those records: or {31 the accounts do not comply with the accounting requirements of section 396 ofthe 2006 Act other than any requirement Ihat the accounts give a Irue and fair view which is not a matter considered as part of an independent examination,. or (41 the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Prath"ce for accounting and reporbng by charities applicable to chartbes preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS102). I have no concems and have corne across no other matters in connection wTth the examination to vthich attentlon should be drawn in this rep)rt in order to enable a proper understanding of the accounts to be reached. Martin Hobbs Bsc ACA Francis Clark LLP 90 Victoria Street Bristol BS16DP Dale.. Bristol Mind Statement of Financial AclivFI for the Year Ended 31 March 2024 2024 Total funds 2023 Total funds Unrestrictsd Restricted funds nits Notes INCOME AND ENDOWMENTS FROII Donations and legaC￿S 120.105 120.605 233,156 Charitsble activibe5 21.158 Z35.145 256.303 190,819 Other trading activities Investrnent incC￿e 114,515 11.542 114.515 11.542 107.430 4,859 Total 267,320 235.645 502,965 536.264 EXPENDITURE ON Char¥tabJe activities Charitable activrties 371.922 244,870 616.792 513.577 NET INCOMEI(EXPENDITURE) (104.W2} (9,225) {113.8271 22.687 RECONCILIATION OF FUNDS Tolal funds br(wght for¥rdrd 9.225 358.510 335,823 TOTAL FUNDS CARRIED FORWARD 244.683 244,683 358 510 The notes fom part ofthe* ￿aTr￿al statem 10 Bristol Mind Balance Sheet 31 March 2024 2024 Total fvnds 2023 Total funds un￿sIn(￿ed Restricted funds funds FIXED ASSETS Tangible assets 10 4.IA7 4,￿7 CURRENT ASSEts Debtors Cash at bank and in hand 54,665 277,900 44,555 381.359 2T1.￿l 332.565 332,565 425,914 CREDITORS Amounts falling due within one year 12 (91.949) (91.949) (67,404) NET CURRENT ASSErs 240.616 240,616 358,510 TOTAL ASSETS LESS CURRENT UA8ILrriES 244.683 2H.683 358,510 NET ASSETS 244.6&3 358,510 FUNDS Unrestricted funds Restricted funds 13 244.683 349,285 9.225 TOTAL FUNDS 244.683 358.510 The charilablg company i8 en* to exemptwjn from aKlit WKler Seclion 477 of the Ccfflpanies A¢t 2006 for the year ended 31 Marth 21r24. The members have not dewsrted notice. pursuant to secti(￿ 476 of the Companies 20(￿ requving an audit of these financial statements. The trustees acknowledge their responsibilti*s for la) ensuring that charitable company keeps accountiru records that c(¥npty with Secbons 386 and 387 of the Companies Act 2006 arKI preparing financial ststements which give a true and fair of the siale of affa.rs of the charitabk company as at the end of each finanryal year and of ils surplus or defiat for each finanaal year in accordan￿ with the requirements of Sections 394 and 395 aThJ which othernfBe ccffiply wrlh the Fequirements of Companie5 Act 2006 relabrMJ to financial statements. so faras aFWicat4e to Ihe tharitat4e company. Ib) Thg financial statements were approved by the Board ￿ Trustees arnl authori5ed for issue on 28 November 2024 and we signed on its behalf by". I￿0￿1 s Dr Richards- Chair notes form part of these fi)8naal stateTh￿nts Bristol Mlnd Cash Flvm Statement for the Yoar Ended 31 March 2024 2024 2023 Cash flows from owating activities Cash generated from operations 588 Net cash (USPAI in) I Provided by l operakng activitBs 109.577 588 Cash flows Irom investlng activities Purchase of tangitjle fixed assets Interest receNed {5.424) 11.542 Net cash prDMded by investing activit 6,118 4.859 Change in cash and cash equivalents in the rtrporting period Cash and cash eq￿valents at th beginning of reporting t*rfod (103.459) 5.447 375.912 Cash and cash equivalents at the of the reporting pgriod 277.gX) 381.359 The notes fomi part of these fmancial st*m 12 Bristol IAind Notes to the Cash FIL￿ SL*ement for the Year Ended 31 March 2024 RECONCIUATION OF INCOME I (EXPENDrruRE) TO NET CASH FLOW FROM OPERATING ACTIVITIES 2024 2023 Net incorne l (expenditure) for the rep(*lirvJ ￿[0d {as perthe Statement of Financial Aeti¥ities) Adjusbnents for. Depreciation charge Interest rec8Ned Increase in debtors Increase in creditors (113.827) 22.687 1.357 (11.542) {10.110> 24.545 (4,8591 {21,627) Net cash swovlded by l (used Én} operations 109.577 588 ANALYSIS OF CHANGES IN FUNDS At 1.4.23 Cash Ilow At 31.3.24 Net cash Cash at bank and in hand 381.359 103.459 277.900 381.359 103.459 277.900 Total 381.359 277.900 The notes f(Krn part of these financial statements 13 Bristol Mind Notes to the Financial Slatements for the Year Ended 31 March 2024 ACCOUNTING POUCIES Basis of preparing the financial statements The financial statements of the charitable company. which ￿ a publ￿ benefft entity under FRS 102. have been prepared in accordance wrth the Charthes SORP {FRS 102} Accountsng and Reporting by Charities: Statement of Recommended Practi￿ applicable to chariti.es preparir¥J theiraccounts in accordan￿ with the Financial Reporting Standard applicab￿ in the UK and Repltll￿ of Ireland (FRS 102) (effective 1 January 2019)., Financial Reporting Standard 102 The Financial Reporbng Stsr¥Jard applicable in the UK and Republtc of Ireland, and the Companies Act 2006. The financial statements have been prepared under the h￿tr)rical cost convention. Income All income is recognised in the Ststement of Financial Acl1vit￿ once the charity ha$ entitlwnent to the funds. tl i8 probable that the income wil be received. arbj the amount ￿ be nwsured reliably. Expenditure Liabilits"es are recognised as expeThJtture as soon as the￿ 15 a legal orconstruthe obl¥Jation eLKnmith"ng the charity to that expenditure. it is probable that a transfer of eCOn¢)m￿ benefits will be required in setuemenl and the amount of the obligalion can be measured reliably. Expenditure is accounted for on an accruals basis and has been dassffied under headings that aggregate all cost related to the ca*ory. Vthere costs cannot be difyctty attn"buted to particular headings. they have been alk)cated to xbmbes on a basis consistent with the use of reSoUr￿s. Tangiblo fixed assets Tangible fixed assets are at cosL net of (*precBtson and proV￿10n for Impalm￿nt tkpreciatti)n is provided at the folk)win9 annual rates in order to Twfite off eath asset ovw rts estmakd usefvl Itte. Fixtures and fittings equipment 25% on straight fine basis 25% on straight knne basts Taxation The charity is e￿pt from corporation lax on rfs dHrrtaiAe activ1t￿. Fund accounting Unrestrrcted funds can be used in accordan￿ with Ihe thaiitabk obpctsves at the discretion of trustees. Restricted fund$ only be used for parithlar ￿$trth1 PUFPOWS Wrthin objects of the charty. Restrictions arise when specified by the donor or funds are raised for particular reStr￿ted Pufposes. Further explanati￿ of the nature and purpose of eath furKI is induded in Ihe notes to the financial statements. Pension costs and other p￿t￿etirem￿nt b9neffts The charitable company operates a defined Contri￿lan pensM)n scheme. ContrknthrLs payable to the thartsb company's pension stheme are charged to the Staternent of AcIn*1￿ in ts period to which they reFate. DONATIONS AND LEGACIES 2024 2023 tlonations 120.605 233.156 120.605 233,156 Donations included £5(Kl for restrthd pU￿￿S relatiw to counsell*vJ sessions {2022". £1.264 relab.ng to the Xmas Weal 2022). INCOAIE FROM CHARftABLE ACT￿￿lEs 2024 2023 Grants Other income 255.175 1.128 185.871 4.948 2￿.303 190,819 Grants received. included in the above. as fol(Ms.' 2024 2023 Other grants 255.175 185.871 14 contrnued... Bristol Mind for the Year Ended 31 rch 2024 OTHER TRADING ACTIVITIES 2024 2023 Fees & trainirwJ 114.515 107,430 114.515 INVESTMEKf INCOME 2024 2023 Deposit account interest 11.542 4.859 CHAR￿ABLE ACTNMES COSTS Direct Costs Charttable aclivit￿S 616.792 The fee for the inde￿ndent exam1r￿tion of the accounts ￿as £1.620 (20Z3: £1.5CK)). TRUSTEES. REMUNERATION AND BENEFrrs There were no trustees, ￿Munerat￿)n or other beneftts fDr the year end￿1 31 March 2024 nor for the year ended 31 March 2023. During the year the charity Tewnbursed tr￿tse exFenses totallw £nit (2023: £18) in rektion to business travel. STAFF COSTS 2024 2023 Wages and salar Social security costs other pension costs 391,565 24,063 19,845 311,026 16,335 13,442 435.473 340.803 The average monthty number of enT)loyees duriNJ the yearwas as follcMs." 2024 19 2023 15 Employees No employees recerrfed emoluments in excess of £60.LY)O. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTivftlES Unrestricted Restricted funds funds Total nds INCOME AND ENDOWMENTS FROM Donations and lega 231,892 1264 233,156 Income from charitable acbvities Other trading acts￿e$ Investsnent income 3.121 107.430 187.698 190.819 107,430 4.859 Total 347.302 188,962 536.264 EXPENDITURE ON Charitable activities CharitabFe activities 324.384 189.193 513.577 15 continued... Bristol Ilji Notes to the Financial Statements- ¢oni1rR￿I for the Year Ended 31 March 2024 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTivrriES - continued Unrestricted Restricted fund5 nds Total funds NET INCOME 22.918 (231) 22.687 RECONCIUATION OF FUNDS Total funds brought fornard 326,367 9.456 335,823 TOTAL FUNDS CAFIRIED FORWARD 349,285 9.225 358,510 10. TANGIBLE FIXED ASSETS Total Equipment COST At 1 Aprl 2023 Addib"ons 5.424 5,424 At 31 March 2024 5.424 5,424 DEPRECIATION At 1 April 2023 Cha￿e for year 1.357 1,357 At 31 March 2024 1.357 1,357 NET BOOK VALUE At 31 March 2024 4,067 At 31 March 2023 11. DEBTORS: AMOu1￿s FALUNG DUE wrrHIN ONE YEAR 2024 2023 Other debtors 54.665 44.555 CREDITORS- AMOUNTS FALUNG DUE WITHIN ONE YEAR 2024 2023 Trade creditors Other creditor5 Deferred grants 3.114 15.542 73.293 9.640 13,695 44.069 91.949 67.404 16 continued... Bristol PAind Notes to the Financial SLitern￿. continued for the Year Ended 31 March 2024 13. MOVEMEiif IN FUNDS Net movement in funds At 1.423 31.3.24 Unrestricted funds General lund Contingenw Fund 301.285 (104.602> 196,683 48,000 349,285 (104.602) 244,683 Restricted funds Better Together Women without Boftlets Flex grant 1.718 7.507 (1.718) 7.507) 9,225 9.225 TOTAL FUNDS 358.510 113.827> 244.683 Net movement in fvrKls. indu(led in the above are as fouows.. IncomiTVJ Resour￿$ expended Movement in fijnds Unrestricted lunds General fund 267.320 (371.922) {104,602) Restricted funds After School Club Better Together Counselling Grgenspace Hale Crime Mindline Organisational DeveloFrfnent Fund Refugee serVi￿S- Bristol Cty CourKil Refugee serVi￿S- South Glos C1)u￿4 Refugee ServFces- Other Women without Borders F￿X Grant 8,616 2,324 5tM) 24.837 25,704 77.389 28,575 16.850 20.0 10.850 20,OC {8.616) {4,042) (500) {24.837) {25.704) (77,389) (28.575) (16.8501 (20,OCQ) 110.850) 27.507) {1.718) 235.645 244.870 9.225 TOTAL FUNDS 502, 616.792) 113,827 17 Contin￿1... Bristol Mind Notes to the Financial Statements- continued for the Year Ended 31 March 2024 13. MOVEMENT IN FUNDS - continued Comparatives for movement in funds Net movement in funds At 1.4.22 31.3.23 Unrgstricted funts General fijnd Contingency Fund 278.367 48.0 22.918 301,285 48,000 326.367 22,918 349.285 Better Together Tackling Inequalities FundirvJ Women Refugee Counselling Women without Borders Ftex grant 1.718 (844) {8.612) 7.507 1.718 8,612 7.507 9.456 231 9,225 TOTAL FUNDS 22,687 358,510 Comparative net movement in fvnts. inthd&l Ri the above are as foffows.. Incoming ResourrEs expended Movement in fvnds UTJrestrithd funds General fund 347.302 (324.384} 22.918 Restrlcted funds Better Together Football for Refugees Greenspace Hate Crime Mindline Organisational Develo￿lent FuThJ Refijgee SerVi￿- South Glos Tackling Inequalibes FundiNJ Ukrainian Refug￿ Funding Women Refugee Counselling Women wrthout Borders Fkx grant Xmas Appeal 2022 12.463 694 11.720 22.150 71,722 11.199 1.511 {10.745} 16941 (11,720) {22,150) (71,722) {11,1991 (1.511) {844) (5.(M)O) (19,035) 132,809> 1,718 (844) 10,423 40.316 1.764 {8,612} 7.507 188. 189.193 231 TOTAL FUNDS 513.577) 22.687 18 CA)ntinued... st for the Year Ended 31 IAarch 2024 13. MOVEMENT IN FUNDS- c 1149.1111 {39.TT41 (16.850} (21.511) (10.850> {844) {5.0001 (19.035) (60,316) 1,764 36.557 47.854 149.111 39.774 16.850 21.511 10.850 {844) 10,423 60.316 1,764 {8,612) 424.￿7 434.063 9.456 TOTAL FUNDS 1.￿39.229 (1.130.369) 91.140} 19 continued... Bris for the Year Ended 31 March 2024 14. RELATED PARTY DISCLOSURES There were no Telated paty tranSaC￿n$ for the year 31 Marth 2024. 20 Bristol Mind for the Year Ended 31 March 2024 2024 2023 INCOME AND ENDOWMENTS Donations and legacies Donations 120.605 120.605 233,156 Income from charftsble ac*iviti8s Grants Other income 255.175 1.128 185.871 4.948 256,303 190.819 Other bxding aclivilies Fees & training Room hire 114.515 107.430 114.515 107.430 Investment income Deposit account interest 11.542 4,859 Totsl i￿orning resources 502. 536,264 EXPENDITURE Charitable aclivibes Wages Social security Pensions Rent & rates Insurnnce Light and heat Telephone Postage and slationery Advertising Sundries Travel & staff eX￿nSeS Room hire Office repai￿ and equpment Cleaning Subscriptions Supetvision Training Independent examination l a￿lIt Volunteer expenses Fundraising costs Sofvare & IT Depreciab"on Recruitment AGM Hospitality Fees Sports and otrter equiFrfnent Bank charges Freelance work Bookkeeping Consultancy 391,Y)5 24.￿3 19.845 59.9TK 6.2(M) 311,026 16.335 13,442 53.972 4,627 1,(AO 9.312 573 662 2,571 3.853 8.134 2,445 1.668 3,037 17.605 9.048 450 2.481 3.111 14.512 5.728 1,535 923 3.419 8.339 220 3.177 9.463 1.620 3.307 6.326 25.017 1,357 6,542 11,474 757 3,804 815 3.091 1.204 2.413 25.789 2.715 2.378 11,575 616,792 513.577 Total resour￿ expertded 616.792 513.577 Net 1axpgndilure￿nCo￿e 113.8 22,687 This page dcEs not fomi part of the Sts￿tOry financial state￿*￿ts 21