**REGISTERED COMPANY NUMBER: 04433988 (England and Wales) REGISTERED CHARITY NUMBER: 1093140** **Report of the Trustees and Audited Financial Statements for the Year Ended 31 March 2021** for ## **DARLINGTON MIND LIMITED** **----- Start of picture text -----**
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DA N MIND LIMITED Contents of th Finaneial Stateme for the Year Ended 31 Mareh 20 P8ie Report of the Tru9ttts Report of the Independent Auditors 10 to 13 Statement of Financial A¢tivit*s 14 Balartce Sheet 15 w 16 C￿h Flow Statewemt 17 Notes to the C&sh Flow Statement 18 Notes ¢0 the Fin¥neial Statements 19 to 31 DARLINGTON hllND LIMITED RÈ rtoftheTr for tbe Y￿r End¢d 31 March 2021 Th¢ tru$te¢$ who are a150 directors of the chaTity for the pury05es of the Companies Act 2006. presettt their report with the fmancial Sta￿ments of the charity for ¢he y¢w ended 31 March 2021. Th¢ IN51e¢5 have adopted the provision5 of Accounting and Reporting by Charities: SMem¢nt of R¢¢omrnenduJ Pradi¢¢ applicable to charities preparing th¢ir accounts tn accordance with the Financial R¢porting Standardapplicable in theUK and Republi¢ of Irel￿d (FRS 102) (effective l January 2019). DARLINGTON MIND MISSION STATEMENT To promote good mentsl health #nd wellbeing and io offer high qualty caT< SUPPDrt and retovery services within our Iwal communilies. OBJECTIVES AND ACTivrriES Objectives and Aims Th¢ Charity's principal objeciive is to &%sist people with mental health issues to regain their full p)tentia] in life and work. In setting our objectives and planning our activities, Trustees have considered the Chariti¢s Commission's general guidance on public bertefit. When reviewingouraims and objecrives and in planningour future services,th¢Trustees con5iderhow plaTmed activities will contribuie to the aims and objectives they have set. All that Darlington Mind Limited does as a charity is for public benefit and most of its activities ￿lfil th¢ Charity Commtssions category O.) putp)w of "the relief ol those ITr nttd, by reason of youtb, age, ilkhealtb. disability? fin*Tr¢ial hardship or other disadvantage. Darlington Mind Limtled a150 work5 for 'the advan¢em¢ni of health or the saving of lives" where this relates to Mental Health. Darlirt8ton Mind Limiied works tirelessly w ensure its setvices are of'public benefif and its T￿￿¢¢5 ensure th¢r¢ is fr¢¢ and open access io any person who lives and work5 within the Darlington, South of County Durham, Hambleion and Rrchmortdshire area who are dealing with mental health di5￿C5s. Darlington Mind Limited seeks to r¢alise this objective by providing the support and servi¢e5 deiailed below. P4ge I IMITE Re ort of the Tru ror the Year Ended 31 M*rch 2 21 OWECTIVES AND A￿1VITIEs Darlington Mlnd Service Delivery Due to the Covid-19 pandemic Darlington Mind Limited was unable to provide face io face services for prolonged periods during th¢ financial y¢ar, including several of ourJ)orrnal ser¥i¢es due to government enforc¢d I￿k downs and for health and fety re￿ns. However, w¢ ¢stablished several addilional rrniote servic¢5 which proved invaluable to service users, some of which continue irtcluding: Befriendlng Welfare ¢ont¥¢ts - provision of regular phone calls to new and existing SC￿l¢e usus to help reduce loneliness and isolation and provide practical help advice and support. Ligtenlng Line for Children and P¢opl¢- providing a wnfidential and non-judgementsl service to help childTen share iheir difficulties and frustr81ions. We later widened thi5 to inelud¢ parents and families due io evid¢D¢¢ of the 5tress¢s and strains being experienced including home schoolitig and isolation due to the pand¢mic - Loss and Bereavement Support- help for those affed¢d by the loss of someone clos¢ to them including becau5¢ of Covid- 19. Help includes pr￿11¢al advice and referrals to specialist counsellirtg as required. - Pre5¢ription Collection Service- where vulnerable people were unable to access medication - FTe¢ Minibus Hire- we offered use of our vehicle (with a driver) ts help with delivering fo(Kl supplie5 and for tran5POrt Supported Hou$lng Servi¢ St Hilda'5 House has a 10 Bed Housing Project specifically for people with menthl health issues which is managed by Darlington Mind Lirnited on behalf of Darlington Housing As50riation (DHA part of the North Star Housitsg Group). Housing Staff off¢r t¢nan¢y 5UPPQrt a5 well as emotional and prnctical h¢lp to the resid¢nts and everyone is charged r¢n¢ for their accommodation. Darlington Mind Lirnited are also managing agents on behalf of DHA for 6 separate single person flats for individuals who have progressed from St Hilda's Hous¢ into indepertdeni living but who srill require coniinuing long-terni support. Darlingion M￿d Limited also has 10 single person units and rents a further unit from a privale landlord. We offer high quality accommthtion for people with mentsi health issues and WOTk ¢los¢ly with a rong¢ of agencies that assist with re-settlernent of peopl¢ with mental health is5u¢s into a communiry setting &8 part of theiT rehabilitstion process. Darlington Mind Limited 15 looking at d¢v¢loping a rang¢ of otheT partnerships io improve its hwsirt8 offer. Rehabllitaiion The CornpUterTher￿pY Proje¢¢ T¢rnains popular with 5ervi¢¢ users aDd wiiinues to a¢hieYe ihe highest stsndard for quality from th¢ Chartered Insiityte for IT (British Computer So¢i¢ty). The Activity Hub 1$ a day service for ¥lults with mental health issues and offers recreational and community 4ctivities for people by &sses$in8 needs and helping service users to move through a PToce55 of rehabilitstiort. therdpy. and peer support. Mental Health Services for Older People (MHSOP) Our day service for older people with organic m¢ntal health problems {Altheimerfs Disease and other related d¢meDti&s) was provided4 days perweek before the Covid-19 partdemic. Unforninately. limitations on the 5ervi¢¢caused by social disranctng and service users being unable OT Unwilling io attend due io deterioming h￿hh or vulnerability to Covid-19. we were forced to ¢lose the servi¢e in January 2021, sadly resultin8 in vedundaThcies #mong￿ the team. We continue to look at opporbJnilies to provide support in different way5 Poslti¥ity Through Aetivity (PTA), Art aTrd Hortie41tsrt Therapies account for a significanl part of the work of Darlin8ton Mind Limii¢d Tr Positivity Through Activity proj￿1 entourages physical aciiviry with r¢gular se5$ions at the gym. Easy Line. wa]king, swimming. and 5-a-side football. We also provide a monthly support group for people dealing with anger, anxiety and depression. regular art and creative craft session5 in our d¢dicaied Arts Stydio. and a HorticulDJre Project. PJg¢ 2 LINGTON MIND LIMITED rt ofthe Trustt Year Ended 31 March 2 OWECTIVES AND ACTivrfiES Rapid R¢5ponse Sui¢id¢ Prtv¢Dtion The County Durham Clinical Commi&8Aoning Group h&s continued to fund the R4>id Response Sui¢ide Prevention s¢rvi¢e iryvolvirt8 Darlingtort Mind and Hartlepool and Elsi Durham Mind. Working with the Crisis Teams, our Local Mind Association5 ¢nsure each new referral is assessed within 24 hours sees a Couns¢llor within 5 working days. H*mbkton and Richmondshire Locally we are now known as Mind in Hambleton and Richmondshire (this change took pla¢e after financial year ended 31st March 2021) W¢ offer a range of 5ervic¢s including the Nonh Yorkshire County Council (NYCC) commissioned service Iled'mind Matters, providing a lang¢ of low-level advic¢, infonnation. and peer support xrvices. We a]50 provide a NYCC filnded day service for people with ¢nduring mental health i5sue5. In addition, we provide ongoing support to local peopl¢ in this ar¢4 through a wide rang¢ of projects including gardening, creative wriring. relaxation, arts and crafts. social groups. knit and natter. luncheon clubs and a t¢lephone befriending scheme. A150 available throughout this area we provide emotional rc5ilience and mentsl health awareness training General CouD5¢11inz We have a bank of volunteer Counsellors. rnany of w1￿M provide their time free of charge which enables Darlington Mind Limited to provide some of its counselling for just £10 per session. The Counsellors provide ￿ invaluable s¢ryice to people with mental health issues who need acc¢55 to talking th¢rapi¢5. In addition. we offer paid wun5elling for thos¢ who can pay. Recovery and WellbeinE Project W¢ Continued io provide a range of self-help ¢ourw from our blses in Darlimgton and Northallerton. There has been an increased focus on providing training in local companies and we have supported a range of employers lo provide mental health awareness. mindfulness, and other bespoke training. Durham County Council also provide o ￿ant to ¢nabl¢ us to deliver CREW courses (Creating Resilience and Emotional Wellness) fr¢¢ #cross South Durham. Carers Darlington Clinical Commissioning Group and D8rlington Bor(wgh Coun¢AI #iso provided specifically io support Carers of p¢oplt with a mentrl health issue or those caring fw someone with dementi& The fijnding enabled us to offer ¢ounselling and supwjrt during lockdown. ChildreA's Servites Young People's Self H•rtn Project We aT¢ now halfway through our (5¢eOrtd) ihr¢¢-yearBBC Children in Nttd funded proje￿. This Tncludes providing specialist support and awa￿￿¢5$ raising sessions for children who are al risk of self-harni. The funding enabled us to employ a Young Person5 c￿Ordinat0r, a peer support worker and provid¢ ac¢¢55 to sp￿laIla counselling. This is provided acr055 Darlington, South of Counry Durham. Hambleton and Ricbmondshire Suieide Preventio Darlington Mind Limited also secured grants during the year from DaTlin8ton Borough Council and North Yorkshire County Counctl to d¢liv¢r a rdnge of fre¢ emotional resilience courses to assist children and young people including those who might b¢ at risk gf sui¢id¢. Children and Young People's CounselliDg in Dartin8toD Sehoo15 We are now entering the second yearof aDarlington Education Trust(County I￿￿aM Community Development Foundation) funded project to provid¢ C￿n3¢111￿8 support io children in 9 Darlinyon secondary schools, working very closely with schoo15, the progrnmme aim5 to support 30 of those children with the most priority rnentsl h¢alth conditions with substantive leve15 of counselling geared to their need8. Pag¢ 3 JNGTON LIMITED Re rt of the Trustees f the Year Ended 31 March 2 OBJECTIVES AND ACTIVITIES Youth Café- DECAF Our Virgin Money Foundation project ha5 CO￿lUd￿j. It provided 5UPlWrt to individua15 with low level mental h¢alth issues and during Covid lockdowns provided online 5UPPOrt in¢ludingone to one developm¢ntactiviti¢s and workthops. Th¢ projeci also dev¢loped a rdnge of s¢lf-help videos published online. Other fundinii prnJe¢ts, and Volunteer Support In iotsl. Darlin8ton Mind Limited now provides 19 different projects, and employed 43 staff during the year. The organisation is an integral part of mental healih seryice delivery in Darlington. South of County Durham, Hambleton and Richmondshire. W¢ continue to rdiS¢ fvnd$ to assist with our work and hav¢ benefited from Small donations from a variety of organisation5 and individua15. A larg¢ proportion of fvnds received by Darlington Mind Limited wrrently corne frorn the purchase of s¢rvic¢s by statytory bodies lor d¢livery to seTvice users, whi¢h continue to fall. We ¢ontinu¢ to look for oth¢rdiverse sour¢es of filnds io assist with our charx¢8bl¢ 4ims alld objeotiv¢s. Volunteer support The charity depends on a Strong force of more than 25 volunteer5 to supplement the work of paid staff. The mixed WOTkforce has become a valuable part of our or8anisJtion. We would like to thank Jll our volwite¢T5 who collectively make ¥4 huge differ¢D¢¢ to our work. Sta(r The TrusTees would like io extend a huge thank you to the stsff fortheir hard support and loyalty in what were extreme and di￿1¢Ult conditions during this financial year. ACHIEVEMENf AND PERFORK4NCE Charitable Activities Darlington Mind Limited offered irtdividual supp)rt to 756 service usets in Darlington. South of County Durham. Hambleton and Richmondshire. The Covid-19 pandemic limiied access lo our services and badly affeded our income. Funding from donations, our 5UPPQrted living scheme and paid for Services were reduced. OUT ¢OSts also 5ignifJcanily inve&8ed including si8nificant repairs on our own properti¢5 and reorganisation because of the closure of our MHSOP (Dementia Lhy Care). All th¢s¢ result¢d in a significant op¢raiional loss for the charity in the year ended 31 March 2021. This included restructuring of the workforce and sadly we had to make several of our colleague5 redundant It a w51 of £16.OCKI. We are therefore doing considerably more work with fewer sthff. Trustees are sa¢isfi¢d with th¢ extent io which the chartry's services have tten taken up and its financial performance for the year. Tru5tee5 and S¢nior Managers regularly review the relevance and effectiven¢ss of the services the charity provides co ensur¢ that its obj¢¢tives and obligaiions to its users are m¢t. Pag¢ 4 DARLINGTON MIND LI ort of the Trustee$ f r the Year Ended 31 M*reh 2021 FINANCIAL REVIEW Financial position Financial systems have been enhanced and Darlington Mind Limited is committed io continually reviewingthe efficiency and eff¢ctiveness of services being delivered and io discontinue any service which can no longer be delivered in an eificient and eff¢¢tive rnanner. TTUSt¢e$ recently reviewed and amended its Financiai Regulations and will continue to ensure good gov¢rnanc¢. Investment income arises from capital and intere5t-b¢aring dep)5it a￿o￿Trts as w¢ll from inv¢51ment Properties which have been purchas¢d ovw recent y¢ar5. Income is used io invest in resrricted and unrestricted fjjnds that are not expected to be required during the d¢posit ￿riod. Inieres¢ received on our reserves has been low due to the present markei position. Darlington Mind Limited TrU￿ee$ will %¢k to Use its re5erv¢s appropriately whilst still reducing our risk profile in the fiJNre where prudence andcareful considerdlion justify IL including the development of joint ventu￿5 and th¢ purchase of addiiional capital assets which might generale unTestricted income. W¢ will continu¢ to ¢onsid¢r new housing developmen¢ opporbjnities where we feel they will strengthen our overall firtancial position. InYestm¢nt polity *nd objectiv The Trusle¢s, having r¢gaTd to the reserv¢s policy. hav¢ q)er41ed a ￿lIcY of Teiaining availabk fund5 in int¢resi ￿arIng deposit accounts. FINANCIAL REVIEW Re5¢rves policy Th¢ Executiv¢ artin8 as tru5t¢¢5 have r¢vi¢w¢d the charity's need5 for r¢5eryes in line with the guidmce issues by th¢ Charity Commission and have agreed that financial r¢serves (the "Emergency Operating Reserve" EOR) should be held for the following purp)ses.' Income from statutory bodie5 is from a'call otT contracL This inevithbly presents cth- flow issues and incom¢ from these sources will need to be carefully monitored to ¢n5ure itdi)es not result in th¢ charity experiencing serkous liquidity issues in the futur¢. lrt addition. the charity is conscious of Teducing local authority budgets and a squeeze on fimding for adult $ocial car¢. This r¢sulted in a considerabl¢ loss of inc4Jme over the la￿ three years, and we predict fvrth¢r falls in the Sjtrjre. Income from our NHS ¢onlr8rt5 with th¢ Sui¢id¢ Prevention ProiecL hav¢ rtot increased in real ternis for more than fiye year5- th¢y are therefore worth considerably less and yet demand of the servirxs has tncreased over the saTn¢ period. DaTlington Mind receives r¢ntyl and housing benefit prtsnium from the local authority for its 27 housing units which ¥re ￿¢up]e￿ by people with menial health issues. Due to the inevitsble fluctuation of o¢¢upancy the charity must retain fiJnd5 to bridge the payrnenl ofop¢ratirtg wsts at lim¢5 when rent income is not forthcoming due to int¢rin1 voids. We T¢¢eive 'od ho¢. donations and struc¢ured grant aid from ch¥s¢abl¢ trusts ineludimg BBC Children in Need, County Durham Community Foundation. and oth¢T5. In additio￿ we T￿¢1Ve dot)athons and the results of fund-raising opportunities. bui ihese payments are irregular in rdte. Reserve$ are needed io smooth out this fluctuation. Some income is generated for'charged for, servi(¢$ including charging setViC£ U5er5 for attending proj¢¢ts, from their personal social care or individual servic¢ contracts. The charity also generate5 some limiied income from a variety of oth¢r sowc¢$ includinginvesunents and a generated surplus at the y¢¥-¢nd. Th¢ Charity requir¢s protection against and the ability to continue operating d¢5Pite d4m4ging events or unfore5¢en circumstances which are outside the sw¢ of th¢ nom]al bud8eting pr(Kess. This Might also include damaged proFrt that cannot be used. Th¢ target l¢v¢l for thi5 Emergency Operating Re5erv¢ ffOR) which has been s¢t Jt 3 months 0￿rating c05ts- a sum of approxkmaiely £206,678 plus £81,052 spxifi¢ally w aside ￿ cov¢r redundartcy obligations on a forc¢d closur¢ basis FS £287.730. Pa8¢ 5 h¢ Trustees Year Ended l M8rc Fixed Asset Reserves Including the EOIL li was agreed that a Fixed Ass¢ts r¢s¢rve should b¢ h¢ld to a¢¢ommodate those fund5 which are required lo cov¢r projecl ¢osts outsid¢ th¢ current operating budget andlor outside the current financial y¢ar. The level of this reserve will be th¢ a¢¢umulated sum of all such funds in the accounts of the charity at each year end. Capitol Purchase Sch¢m¢- Darlington Mind Limited spent £185.000 forthe purchw and renovation of three new properties in 2019. £165.000 w&% borrowed in 2019-20 from NatWesL secured by way of first charges and d¢bentures on property a]ready owned by the charity. These fiJnd5 were used to wchase a fiwthef three Wo￿leS in 2019-20. Funits r¢eeived for fjjture work not recod¢d und¢r a¢cruals and d¢feThrd income. D¢slgDated Reserves £10,000 has been all¢xated to cover capitsl repairs and maintenance on St Hilda's Hall. Freehold Property Darlington Mind Limited own the freehold interest in St Hilda'5 Hall. Tannery Yard. Darlinglon which was valued by a IUCS qualified Surveyor ID 2018. Its v41ue is lisied in the balantesheet at£216.200. Darlinglon Mind Limiied a150 owns a leasehold int¢re51 in 8 Falstaff Courl 264 Hundens Lane and 63 Quaker Lan¢. Th¢ charity fr¢ehold interests in 80 Borough Road (2 flats), 20 Eastbourn¢ Road, 88 Yarni Road. 56 Thirlmere R￿d. 41 Pensbury Street and 39 Hargr¢aves Terrace. These properties are all locaied in Darlington and listed in the balance shttt. FUTURE PLANS Year ending 3 1st March 2022 will be 8nother eX¢Tling and ¢hallenging year for Darlington MiAd Limti¢d. We are hoping to grow fiDan¢ially and geogAphically, developing new services. supporting more peopl4 and meeiing increasing demand a$ the ¢ountry recovers from the Covid-19 pand¢mic. Any surpluses generated from housirjg provision will b? used to fund other mental h￿1th services in the fijfure for those in most need. Darlington Mind Limit¢d looks forward to contirtuiDg to b¢ the laTgest charity providing specialist mental health services for th¢ p¢opk of Darlington. Swth Durham, Hamblekn and Richmondshitt. Page 6 DARLINGTON MIND LIMITED Re rt of the Trusttes ror the Year Ended 31 Marth 20 STRucfuRE, GOVERNANCE AND MANAGEMENT Governing document The chariry is controlled by its governing documenL a deed of trux and consti¢ut¢s a limited company. limited by guaranttt, as defined by the Companies Act 2006. Darlington Mind Lirnited is an independenl Tegistered chwity. registered with the Charity Commission in England and is a member of the National Mind Federdtion. Darlingron Mind Limited was fornied on 9th May 2002 to continu¢ th¢ a¢tivities of its prede¢esw uDin¢orporn¢ed entity, Darlington Mind. and commenced its operations on Isi October 2002. Darlington Mind Limited exists to promote and preserve good mental health and to assist those experiencing mental distress to regaiti their fvll potential in lif¢ and work. Darlington Mind wa5 fornled on 5th t)ecember 1979 and as it through its 42 year of operation, th¢ charity 1$ well placed to deliver a range of vitally important mental health servi¢¢s to those who live and work irt Darlington, South Durhom. Hambleton and Riclllnondshire. R￿ruitMent and appoiniment of Dew tru$tee3 Membership of Darlinglon Mind Limiled is open to 4nytrfxly with #n ini¢f¢5t in its WOTk who is not a member of Staff. Appoinknent to the Board of Trustees is by nornination from the members followed by el¢ction &t the Annual General Meeting. The Board of Tnjstees consists of up 10 14 members with ihe primary otYLce holders being the Chair, Vice Chair, T￿aSUrer]chalr of Finance and Straiegy Committee and Chakr of Welfar¢ and Management Committe¢. The Chief Executive Offjcer acts a5 Compjny Secretary but 15 a non-voting m¢mbcr of the D¢wd. The Tr¢a5yi"¢i ￿}d Cliair ul FinanL¢ roles aTe held by the same officer. DaTlington Mind Limit¢d 15 cornmitted io ¢nsuring full-servi￿ user involverThent in it5 decision making at all l¢v¢ls. The Board 4150 Seeks to fill any skills gap on the Board by recruiiing new Trustees to help Darlington Mind Limited meet its straiegi¢ obieciives. Organisational structure The Chi¢f Executive, Senior Mana£¢rn¢nt Team and st¥ff ¢aTry Omt the (tsy-to-day thinistraiion of the company on behalf of the Board of Trnstees. Honorary officcrs and other voluttieers also give valuable &ssisiance in both expertise artd lime lo facilitate the srnooth running and management of the organis￿l0n. Induetion and trainin8 of n¢w lrnstees New trnstees are provided with induction training including core training in safeguarding adults saf¢guarding children, equality and diversity and a range of other issues. New Trnslees ar¢ also issued with topies of th¢ Charities Constittition, Articles of Association and Charity commi￿lOn publications including details of theirresrthsibilities as tnistees and working rules. In addition. we hav¢ provided a Truste¢ H￿dbOOk to all TTUStees A skills audit is undertaken of the mistees on a regular basis and appropriat¢ training is grgani5¢d for individuals thereafter. A series of training and development sessions take place thToughout the year for all TTustees. The Chair of Trustees also carrie5 Out Iwice yearly appraisals with th¢ CEO and s¢eks th¢ views o(all Tntstres via a questionnaire and individual l io I sessions. Risk management and fin*n¢ial wwi#tlon$ The Trustee5 have a duty to identify and review the risks to which the ¢harAty ts ¢xpised and to ensure appropriate contro15 are in place to provide reasonable assurance against fraud and error. TheTrustees have exarnin¢d the majorstrategic, business, #nd operational risks which the charity faces and ass¢rnbl¢d a Risk Register which COnfirn￿ systems and controls have been establish¢d to enable regular report5 to ￿ prnduced. so that the necessary 5t¢ps ¢an be taken to lessen these risks. Darlington Mind Limited has taken out a variety of insurances to cover its worL to ¢nsure its Trustee5 and provide 5UPPQrt in HR and p¢r5onnel relaied issues. In addition, the Tnjstees have revi¢wed its fmancial regulaiions for operntional staff. amended its resetves policy and updated ILS busirtess plan during the financial year. Page 7 DARLINCTON MIND LtMITED Re rt of the Trnsttts for the Year Ended 31 Mareh 2021 REFERENCE AI¥D ADMINtSTrATIVE DETAILS Registered Company number 0443J988 (England and Wales) Registered Charily D￿rnber 1093140 Reglstered office St Hilda's House I l Borovgh Road Darlington Co. Durham DLI ISQ Trusle¢5 P Freitag MBE Mrs L Gille5pie Chair of Welfare and Management MTS M Pear5 Vite Chair of Trust¢es Dr R Langrick Mrs J Lincoln (resigned 30109r21) Mrs S J Porteus Chair of Trustees Ms C R Walter5 C Doolan Ms E Green l McArdle (resigned 1619r20) Ms N Sullivan Ms J Chapman (appointed as a co-opted trustee 1911 Ir20) Ms C Hodgson {appoint¢d as a co-opied mjsttt 1918r21) M5 D L Dalton HoDordry Treasurer Jnd Chair of Finance and Strat¢gy Comminee (appointed &4 a co-opted truste¢ 1918fdl) Company Seeret*ry S G W Davidson AuditOTS Mitch¢ll Gordon LLP Accountants and Statutory Auditor 43 Coniscliffe Road Darlington Co. Durham DL3 7EH Solicitors Close Thornton. 2 Duke Stree¢ Darlington. DL3 7AB Bankers Natwest, 25 High Row, Darlington, DL3 7QP Charities Aid Foundation, 25 Kings Hill Avertue. West Mallin& K¢nt. ME19 4JQ The Charity Bank Limite& F055e House, 182 High Streel Tonbridge, TN9 IBE Virgin Money Bonk Jubilee House. Gosforth. Newcasde Upon Ty￿¢ NE3 4PL Chief Execulive S G W Davidson Page 8 DARLIN N MIND LIMITED rtor heT forth Ye r Ended 31 M h 2021 STATEMENT OF TRUSTEES, RESPONSIBtLITIES The trust¢e$ (who ar¢ also the directors of Darlington Mind Limiied for the purposes of company law) are responsible for pr¢p4ring the R¢w)rt of the Trustees and the fmancial statements in accordance with appli¢able law and United Kingdom Awounting Standards (United Kingdcrfn Generally Accepted Accounting Practice). Company law requires the trustees to prepare fmancial statements for each financial year which give a true and fair view of the state of affairs of the charitsble companyand of the inccffling re50wces and application of resources. in¢luding the in¢ome and cxpeDditUTe. of the ¢haritabl¢ company for that p¢riod. In preparing th0￿ finan¢iLI stht¢m¢nts. the mjsrees are required to select suitsble accounting policies and then apply them consistentlys observe the methods and principles in the Charity SORP. make judgements and estimates thai are reasonable and pnjdent: prepare th¢ fmancial statements on the going wneern basis unl¢ss li is inappropri*W pre5um¢ thatthe ch8rifabl¢ ¢ompany will continue in busine55. Th¢ trustees ar¢ responsible for keeping proper accounting records which disclose with reasonable accuracy ai any time the fmancial position of the charitsble company and w tnable them to ensure thai the fmancial sratements comply with the Companies Act 2006. They are also responsible for safeguarding the ￿Sets of th¢ ch¥ritsbl¢ ￿rnpanY and h¢n¢e for takirtg reasonable steps for the prevenlion and detection of fraud and (rther iTregulaTitie5. In so far as the trustees are aw¥r¢.' there 1$ no reEevant audil infoTm*ion of whi¢h lh¢ ¢haritsble compan￿$ auditors are unaware; and the trnstees have taken all steps that they oughi to have tsken to make themselves aware of any Tel￿an1 audit infonnaiion and to establish ihai the auditors are aware of that inforniation. AUDITORS The auditors. Mitchell Gordon LLP, will be poposed for re•appoinnnent at the forthcoming Annual Genernl Meeting. Approved by order of the board of truste¢s on 19th October 2021 and signed on its behalf by: Mrs S J Porteus- Trnstee Page 9 rt of the lTrd¢ D•rlin ndent Auditors to ihe Trustees o( on Mind Limited Oplnlon We have audited the financial 5tst¢ments of D¥rlington Mind Limited (the 'charitable compan)4 for the yeaT ended 31 March 2021 which comprise th¢ Statement of Financial Activitie5, the Balance SheeL the Cash Flow Statern¢ni and not¢s to the financial statements, including a surnrnary of Significant ¥xounting policies. The fmancial reporting framework that h&5 b¢en applied in their preparation is applicable law and United Kingdom Accounting Standards Iunited Kingdom G¢n¢rally Accepied Accounting Practice). In our opinion the financial stalements: give a true and fair view of the slate of the ch¥ritable companys affairs as of 31 March 2021 and of its incoming resources and application of re50ur¢es, including its inrome and ¢Xpmdtti￿¢. for the year then ended. have been properly prepared in accordance with UDit¢d Kirtgth)m Generally A￿epted A￿0￿￿tIng Practice. and have been prepar￿ in accordance with the requirem¢nts of the Cmpani¢s Ad 2(Kl6. Basi$ for opinion We conduct¢d our audit in YI￿rdance with International Standarts on Auditing (UK) USAS OJK)) and applicable law. Our responsibillties under those standards are further d¢5criW in the Auditors. responsibilities for the audil of the financial S￿￿Ments section of our rtyort. We are indepertdertl of the charitsbk ￿mPanY in a￿Ordance with the ethical requir¢ments that are relevant to our audii of the fmanciai statements in the UK. including the FRC'S Ethical Stsndard, and we have fulfilled our other ethical responsibllities in accordance with these requirements. W¢ b¢lieve that th¢ audi( evidence we have obtained 15 suffi¢ient and appropriate io provide a basis for our opinion. Con¢lu$ioD$ rel*ting to #oiog ¢oncern In auditing the financial statements. we havc concludtd that the knJst¢es' ￿￿e of the Loncem b&8is of accouniing in the preparatiijn of the financhal statements is appropri￿e. Based on the work w¢ have perfomied, we have nol ideniified any M￿erial uncertainiies relating to events or conditions that, individually or ¢olle¢¢ively, May th51 significant doubt on the tharitsble company'$ ability to ¢ontinue as a going ¢onr¢rn for a period of at le&8t ￿e1ve months from when the financial statements att authorised for issue. Ourresponsibilities and the responsibiliiies ofthe trustees with respect t08oing concun are described in the relevattt se¢tbons of this repM. Oiher in10r￿all0 The truste¢s are responsible forthe other inforniaiion. The other inforn)aiion comFfises the inform?¢i¢)n includ¢d in th¢ Annual Report. other than the fthancial ststrments and our Rwrt of the IDdependeni Auditor5 the￿on. Our opinion on the financial statem¢nis doe5 not Mver the oth¢r infonnation and. ex¢ept io the ext¢ni otherwise expltcitly stated in our reporL w¢ do not ¢xpre55 any fonn of wuran¢¢ ¢onclllsion theTeon. In ¢onTrection with our audit of the fman¢ial thtements, our re5p)nsibility is to r¢ad the other iDfoTmali¢)n Ind, in doing so, onsider whether the other infi)rniation is matrrially inconsisteni with the financial stslements, or OUT knowledge obtained in the audit or otherwise appears to be materially misststrd. If w¢ identsfy such matrrial iticonsisiencies or appattnt material missiatemenis. we are required to detemiine whether this gives rise to a m￿eTial misstatement in the financial stat¢m¢nts themselves. If. based on the work we have wfoTmed, we conclude that ther¢ is a material misststement of this other infonnation, we ar¢ requir¢d to report that facr. We have nothing tt) report in this regard. Matters on which we are required to report by ex¢eptioD We have nothing to report in respect of the following matteT5 Wh￿ the Charities (Accounts and Reports) Regulations 2008 r¢quires us lo report to you if. in our opinion: the informatiort given in the Report of the T￿stetS is inconsistent in any Tha*rial Tesp¢¢t with the fm8ncial statem¢n¢s" or the charitable company has not kept adequa￿ accounting records. or the financial statements are not in agr¢¢ment with the accouttting r¢tords and returns" or we have not r¢c¢iv¢d all th¢ iTJforn)ation and explan*1C￿ w¢ r¢4uir¢ for our audiL P￿¢ 10 rt f heInde Dxrlin Mdent A itors to the T ton Mind Limited Responsibilities of trustee5 As explained mor¢ fully in th¢ Statement of TntSte¢s' Respons￿] iliiies, the trustees (who ¥r¢ also the directors of ihe charitable company for the purrM)ses of company law) are responsible for the preparation of the fmancial ststements and for being satisfied they give a true and fair view. and for such int¢rnal control a5 the tru5ttts deterniine is n¢¢¢ssary to enabl¢ ihe preparation of financial ststements th* are free from material mi5StatemenL whether due to fraud or e￿or. In PTeparing the fmancial statements, the trustees are Tesp>nsilJle for &sse%sing the ehariuble compatty's ability to continue as going wncern, disclosing. as applicable. matters relaied to going concern and using the goin8 concern b&8is of accounting unless the trustees ¢ither Éntend to liquidate the charitabk company orto cease oper4tions, or have no realistic alternative but do so. P￿ell ofthe Inde Darlin ndtnt Audltors oh Mind Limited Ollr responsibilitie$ for ¢b¢ audit of tbe fiDaneial ststemeDts We have been apwTrint¢d &$ audiiors under Section 144 of the ChaTities Act 2011 and report in a¢¢ordan¢e with the Act and relevant regulations made or having effect ihereunder. Our obj¢ctiv¢s are to obtsin reL%onabl¢ assurance al)outwhether the fmancial statrments are frtt from material misstatement. whether du¢ to fraud or error, and to is$ue a Rwrt of th¢ Independent Auditors that includes our opinion. Reasonable as5UTanc¢ is a high lev¢1 of wuAn¢¢ but is not a guarant¢e thai an audii (ondu¢ted accordance with ISAS (UK) will always det¢¢t 4 material misstttrment when li exists. Misstatem¢nts can aris¢ from fraud or error and are considered material if, individually or irt the aggregate. they could reasonably be expected to influ¢nce the economic decisions of usvs tsken based on these financial slatements. ITr¢gulartlies, in¢luding fraud. are ins¢8nces of non-complianc¢ with lawg and regulations. We d¢5ign procedures in line with our r¢sponsibiliti¢$, outlined above. to d¢t¢Gt material misslal¢m¢nts in respect of irregulartlies, including fraud. The extent to which our pro¢¢dures can detec¢ irr¢gulariti¢s. including fraud i% detailed below: Our approach to identifying and assessing the risks of mawiai misstatemefti in respect of fftrregularities. including fraud and non.cornplian¢e with laws and r¢gulations, was as follows.. The engagement partneT¢nsur¢dthY4tthe eng￿¢￿e￿tt¢arn collethivelyhadthe4ppropriate cornpden¢¢. ¢4)abilitie$ and skills to identify or recognise non40mplian£e with applicabl¢ laws and regulations: We identified the laws and regulations applicable kn the charity through discussions with tn￿tee$ and other management. and from our Comme￿ial knowledg¢ and experience of the sectors in whith the charity ￿rat¢s. We fo¢us¢don SP￿lf1¢ laws and regulations whi¢h we considered mayhave a direc¢ mat¢rial eff¢d on the f￿ancial statements or the oprration5 of th¢ rharity. in¢luding the CharitiesCommi55ion, Companies 2006, taxation l¢gislation. dataprote¢tion compliance. anti-bribery, employmeni. environmental and health and saftty legislaiion. We assessed theextentofcompliance with the lawsand regulation5 identifiedabove through rnaking eDquiri¢s of management and Insp￿tIng legal correspondence" and Identified laws and ￿gulatiON8 were wmmuni¢ated within th¢ audii iewn regularly and the i¢am remained alert to instance5 of non-compliance throughout the audit. These procedure5 did not id¢Mify any potentially material a￿1 OT suspeded non-¢omplian¢¢. We as5¢35¢d the sux¢ptibility of th¢ ¢harity's finanrial S￿emellts to mattrial misststemenL iD¢luding obtaining an und¢rstandin8 of how fraud might occur. by: Making enquiries of management as io where th¢y considered th¢w¢ was $us¢¢ptibility to fraud. their knowledge of actual. suspected and alleged fraud. Considering the internal ¢ontrols in pla¢¢ io mitigate Tisks of fraud and non•complianc¢ with laws and regulatiixis. To addr¢55 th¢ risk of fraud through management bias and override of contro15. W¢.. Perfonned analytical procedures io identify any unusual or unexpected relJtion5hips' R¢viewed material journ41 entries to ideniify unusual transac￿ or posting by unusual users: A55¢5sed whether judgements and assumptions mad¢ in detennining the accounting ¢stim*es were indicative of potential Investigated the rationale behind Significant OT unusual transaction5. Pase 12 rt f tbe Iade Darlin ndent Auditorn to the Trustees of ton Mind Limited In response to therisk of iTr¢gularitiesand non-compliancewith laws andregulation&wedesigned priKedures wh?ch included, bul were not limited io-. Agre¢iDg f￿ancIal S￿ement disclosur¢s to underlying SUFPOrtlngdo￿rnentstiOn. Reading the minuies of meetings of those charged with governan¢¢' Enquiring of managernent as to acmal and ￿tentIal liligation ¢laims" Reviewing eorrespondence with HMRC and the charity's legal advisots. Owing to the inherent limitation5 of an audii there is an unavoidable risk th* we may not have d￿ected some material misstat¢m¢nts in th¢ financial 5tal¢m¢nts. ¢v¢n though we hav¢ prop¢Tly planned performed our audi¢ in accordanc¢ with auditing stsrtdards. For example. the fuTth¢r removed non-compliance with laws and regulations ts frorn the ¢vents and transactions reflected in the fmanrial statements. the le￿ likely ihe inhwently limited procedures requir¢d by auditing Sthndards would identify ii. In addition. as with any audit. there remains a higher risk of non41ete¢iion of fraud. &s these may involve collusion, forgery, intentional omissions, misrepresentations, or the override of intrrnal controls. Our audil PToc¢dur¢5 are d¢5ign¢d to dete material mi55tat¢ment. We ar¢ not responsible for preventwg non-cornpli3nc¢ of fraud and winot be expEct¢d to detect non- complianc¢ with all laws & regulations. A further description of our Tesponsibilities for the audit of the financial statements 15 located on the Financial Reporting Council's web5ile at www.fvc.org.uklauditorsresponsibilities. Thi5 d¢scription foTm5 part of our Report of the Ind¢p¢ndent Audiior5. Use ofour report Thi5 r¢port l5 made sol¢ly io th¢ ¢haritabl¢ ¢ompany's trystees. as abody, in accordance with Part4 of ihe Charities (Accounts and Reports) Regulations 2008. Our auditwork hasbeen under￿keTr Soth￿ wemight state io the charitsbl¢ company's trustees those matters we are required w state to them in an 4uditors' report and for no other purpose. To the ￿lIest extent pe￿it￿d by law, we do not accept OT a5sum¢ responsibility to anyoD¢ other than th¢ ch￿itable cornpany and the charitable companys trustees a5 a body. for our audit WOTk. for this rep)rt. or for the opiniorLS we have fornied. for and on behalf of iichell Gordon LLP Accountants and Sramtory Auditor Eligible to a¢t ￿ an auditor in terni$ of S¢ction 1212 of the Companies Act 2006 43 Coniscliffe Road DaTlin8ton Co. Durha DL3 7EH 19 O¢iober 2021 Page 13 DARLINGTON MIND LIMITED tement of Financial Aetivities An Income and Ex nditure Aceo•nt h Y rEnded31 M*reh20 tsr ratin 3113r21 Ttsta funds 3 113120 Total fund5 UnTestricted fimd5 Restricted fund5 INCOME AND ENDOWMENTS FROM Donations and legacies 33.693 33.693 72,701 Ch¥4ritable aftiviiles Supported Housing Services Mental Health Servtc¢s for Older Peopk Therapies, Training and Rehabilitation Other trading activitie5 Inv¢5tm¢nt income 259.273 43.024 169.807 76230 259.273 43.024 354.295 76230 280.070 108,255 412,071 6,198 504 184.488 Tot•1 583.163 184.488 767,651 879.799 EXPENDITURE ON Raising funds 1.280 Charit8bl¢ a¢tiviti¢$ Supported Housing Servi¢es Menial Healih se￿Ic¢s for Older People Therapies, Training and Rehabilitation 349.151 118,488 210 349.151 118.488 406 658 259.640 204.542 459216 Total 677,￿8 196,389 874,297 924,678 NET EXPENDITURE (94,745) (11.9)1) (106.646) (44.879) Transfers betwttn fund3 24 Net movement in funds {106.646) {106.646) (44.879) RECONCILIATION OF FUNDS Total fund$ brought fonyanl 775.257 775.257 820,136 TOTAL FUNDS CARRIED FORWARD 775 257 The noies form part of these financial statements P4g¢ 14 RLING N PdtND LI TED Balance Sheet 31 March 2021 31r3r21 3113r20 FIXED ASSETS IntsAgible assets Tangible assets 14 15 12,926 682 446 702 961 695.372 702,961 CURRENT ASSETS Debtors Cath at bank and in hand 16 28,264 283 671 46,296 311.935 345.619 CREDITORS Amounts falling due within one y¢aT 17 (83.049) (40.327) NET CURRE￿[ ASSETS 228 886 305 292 TOTAL ASSETS LLSS CURRENT LIABILITIES 924258 1,008253 CREDITORS Amounts falling due aft¢r more than one year 18 {1402791 (152,289) ACCRUALS AND DEFERRED ll¥COME 22 (115.368) 180,707) NET ASSETS 668611 775 257 FUNDS UnrestriGt¢d fiJnd$ Restricted bJnds 24 668.611 775,257 TOTAL FUNDS 668611 775 257 The chaTitsble company is entiiled to exemption from audit under Section 477 of the Ciympanie5 Act 2006 for the yw eDded 31 Marth 2021. Th¢ memb¢r5 have not d¢p05il¢d Jioti¢e. puwant ￿ Sxtion 476 of the Companies Act 2006 requiring an audit of these financial ststements. The trustees acknowledge their responsibililies for (#) enstsring that the charitsble company keep5 accounting recoTds that eornply with Sections 386 and 387 of the Companies Act 2006 and preparing financial s¢at¢m¢nts which giv¢ a true and fair view of the stste of affairs of the charitable company a$ at Ihe end of each financial year and of its Surplus or d¢fi¢it for ea¢h financial year in accordanc¢ with the requirem¢nis of Sections 394 and 395 and which otherwise cornply the requirements orth¢ Companies Ac¢ 2006 relating to fJnanct41 statenwits. so far as appliable io the ¢haritable company. (b) The noies forn) part of these financial statements Page 15 continued... DARLINGTON MIND LI￿TE Balance Shttt- conti 31 Marth 2021 These fujanciai statements hav¢ b¢¢n audiled Under the r¢quirernertts of Section 145 of the Chariiies Act 2011. These financial 5tat¢m¢nts have been prepared in accordance with the provision5 applicable to ¢hari¢abl¢ ¢ompanies subj¢¢t to the small ¢ompani¢s regime. The financial statements were approved by the Board of Trustees and authorised for issue on 19th Othc4)er 2021 and were signed on its behalf by= S J Porteus- Trustee The notes fonn part of thw¢ fman¢ial statements Page 16 DA IMrrED C* h Flow Stxtement for the Y r Ended 31 M#rch 2021 3113r21 31nno Cash flows from operntKng *etfvities Cash geneTat¢d from operations Int¢r¢st paid 11.703 5.722 N¢t cash provided by operating activities Cash flow5 from investing 4ctiviti¢S Purchas¢ of intsngible fixed Purchas¢ of tangible fixed assets Sale of tsngibl¢ r￿ed ass¢ts Interest received (13.692) (11.355) 11.861 (154.996) 50.121 504 Net cash used in investing athiviiies 104371) Cash flows from finaneiD8 aetivities New loans in year Loan repayments in year Capital repayments in year 165,0(NJ (4.117) (8.410) 709 Net ¢a5h (used inyprovided by fiDan¢ing acliviti¢s 152 369 Change in cash •nd ush ¢qulv*lents in the reporting peri¢>d Cash and tash equivalemts at tbe Ixginning of the rtporting period (15.652) 50,537 248 786 Cash ¥4nd e8sh equivalents at the ¢Trd of the reporting period 283 671 299 323 The notes forni part of these fmancia] 5t*ements Page 17 TON IMtTED Notes t tbt Cash Flow taternent for the Y r End¢d JI March 2021 RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES 31nf21 3113120 Net expenditure for the reporting period {#s per the Ststeme*¢ of Flnaneial Aetivities) Adjustments for: Depreciation charges Loss on disposal of r￿ed ￿sets Int¢r¢5t r¢¢¢ived tnteresi paid Decrease in debtors In¢rease in creditors (106,646) (44,879) 20.775 21.607 1.280 (504) 3.183 1.717 (1.136) 6.186 18.032 74.492 Net cgsh provid¢d by oper*tio*s ANALYSIS OF CHANGES Ir4 NET FUNDS At 114f20 Cash flow At 3113r21 Net eash Cash at bank and in hand 15.652 283 671 283 671 Debt Finance le&ses Debt$ falling due within l year D¢bts falling due aft¢r l year (709) (8.595) 152289 709 (3.600) (12.195) 140279 161593 152474 Total 137730 131 197 Th¢ note5 form part of these financial stat¢ments Pag¢ 18 DARLINCTON MIND LIMITED he Finsn£i I Ststeme r r the Year End¢d 31 MArch 2021 ACCOUNTING POLICIES Basi5 of preparing the financial statements The financial stsiements of the charitable company. which is a public benefii entity under FRS 102. have been prepwed in accordance with the Charities SORP (FRS 102)'Accouniing and Reporting by Charitie5'. Statement of Recommended Practice applicable to charities preparing their accounts in accoTdan¢¢ with the Financial Reporting Standard applitable in the UK and R¢publi¢ of Ireland (FRS 102) (effective l January 2019),, Financial Reporting Standard 102 The Financial Reporting st￿dard applithl¢ in the UK and Republic of Irelpnd, #nd the Compant¢S 2006. The financial staiem¢nts hav¢ been pr¢pared und¢r th¢ historical ¢osi convention. as modifi¢d by the revaluation of certain assets. The financial staiements are prepared under the going concern b&sis of accounting. The presentational currency of the financial statements is the Pound Sterling {£). Income All income 15 included on th¢ Sta¢emenl of Financial A￿1vItieS when th¢ charity is legally entitled to the incom¢ and the amount can be quaniifled with r¢&sonable a¢curacy. tncome from Charitable activities where related to perforn)ance and specific deliverables are ¥counted for as the chariry earns the righi to consideration by its perfonnance. Where incorn¢ is received in advance of its rewgnition it is deferred and included in creditors. Where entitlement o¢wrs b¢foTe income being r￿¢1Ved the income is accrued. For legacies. the executiv¢ committee mad¢ a policy decisLOrt that fimds will not be included in the SOFA until the legacy has l*ert received. Gift5 in kind donated for distribution are included * valuation and re¢ognised as income when they are distributed to the proj¢cis. Gifts donated for resale are included as income when they are sold. Donated facilitie5 are included at the value to ihe chariry where this can be quantified. and a third party is t￿]ng the w5L No amounts are includ¢d th¢ financial sl8lwnents for 5¢rvi¢es donat¢d by volunt¢¢ Expenditure Liabilities are recognised as expemditure as soon as there is a legal or constnjciive obligation committing the charity to that expenditure. it is probable that a transferof economic benefits will be requir¢d in settlement and the amourtt of the obligation can be m¢asur¢d relsably. Expenditur¢ 1$ account￿ for on an a¢cruals basis and has been classified under heading5 that aggregat¢ all costs r¢lat¢d to th¢ rategory. Wl]ere costs Cal￿0t be directly attribuied to particular headings th¢y have been allocated to a¢iivities on a b&%is consisient with the use of resources. Allo¢otlt)n and #pportlonment of eosts Cost allocation includes an ¢l¢ment of judgem¢nL and the charity has had to consider the cost benefit of deuiled alculations and record ke¢ping. To ensuTe full com recovery on projects the charity adopts a poliry of allocaling osts to the respective G05t headings thrtyJghout the year. T*ngible fixed 455et$ Depreciation 1$ provided at the following annual rates in order to wri¢¢ off each w¢t over its ¢$timated use￿1 life or, if held under a finan¢¢ lease. over the lease t¢rn]. whith¢ver As th¢ Shorter. FixtUTes and fittings Minibus on Cost 25(/4• on reducing balance The properties (ex¢luding Si Hilda's Hall) are deem¢d to all hold a residual value of £40.000 in 20 years time from year ending 31 March 2020. ther¢for¢. the depreciation will be provid¢d over 20 y¢ars on a straighi line from thi5 date to the residual value. The deprecialion p)licy for St Hilda'5 Hall will be depreci*¢d at 2% on COSL Page 19 ontinued... DARLINGTON IMITE otes to th¢ Financi¥l St8t ents-c for the Ye&r Énded Jl M rch 2021 ACCOUNTING POLICIES- ¢oAtiDu¢d Tangible fixed assets Fre¢hold Pmperty and Leasehold Pro￿ include supported housing and St Hilda's Hall. The cost ofthese properties includes the following.. - Cost of acquiring land and buildin8S - Dev¢lopm¢nt expenditur¢ All expenditt￿¢ on items of fixtstres and equipm¢ni used for the training. education. and welfare of tenants and beneficiaries is treated as repairs and renewal expendiDJre and written off as incurred. The expectrd use￿1 life of Such items ar¢ very short and the expendilure is noi capiralised. Taxatio The charity is ex¢mpt from corpor*ion on its charitable activiltes. Fund accounting Unrestricted funds can be US￿ in accordanrx with the thari¢able obj¢clives * the dis¢r¢tion of lh¢ trustees. Designated fvnds (including r￿ed asset fvnds) Compri￿ unrestricttd funds that have been Set aside by the tr￿Stee5 for particular purpose$. Restricted fund5 can only be used for particularrestrickd pyrposes within th¢ objexts of the ¢harity. Restrictions arise when specified by the donoT OT when fijnds are Tais¢d for parti￿l￿r restri¢t¢d puryoses. Hire pvr¢h*se le#$ing eommitments A55ets obtained under hire purch&%e contracts or finance leases are ¢apitalis¢d in the Bal8n¢e Sheet. Those held under hire purchase contracts are depreciated over their estimaied useful lives. Thos¢ held under finance leases are d¢preciated over their estimated use￿1 live5 or the lea5¢ 1¢rni, whithev¢T is shorter. The interest element of th¢s¢ obligaiions is chaTged io the Ststemeni ofFinancial Activities over the r¢l¢vant period. The ¢apitsl element of the fijture payinents 15 tr￿ed as a liability. Pension costs and Other post-retirement beth¢fits The charithble company operates a d¢fined contribution pension scheme. Contrtbutions payable to the ¢haritsble ¢ompany'5 pension schem¢ are ¢harg¢d to the Ststemeni of Financial Adivitie5 in th¢ period to which they relate. Irrecovernble vat All r¢sources expended are Classifi￿ under aclivity headings aggregate all ry)5ts r¢lat¢d to the category. Irreeoverable VAT is charg¢d against th¢ ¢ategory of resources expend¢d for which it w&8 in¢urred. Page 20 continued... DARLINGT Notes to the Flnanei81 Statements- continued for the Year Ended 31 Marth 2021 DONATIONS AND LEGACIES 3113lll 31r3120 Donations OTHER TRADING ACTIVITIES 3113121 3113120 Furlough receipts INVESTMENT INCOME 3113nl 3113r20 Deposit accouni inierest 504 INCOME FROM CHARITABLE AalVITIES 3113121 3113120 ental Health Setvices for Older Pwple Therapie5 Supported Housing S¢rvice5 Training Total artiviti¢5 Total ¥tivities Rehabilitation Housing benefit and rental income Fe¢5 for servic¢5 provided GTants 259273 259,273 124.085 273 234 265.099 282.296 253 001 43.024 81.061 273 234 259 273 354 295 656 592 800 396 Grants received included in the above. are 4$ follows.. 3113r21 3113120 DBCINYCC CYP Anger Manag¢ment- NHS Darlington Suicide Prevention- Dutham Dales NHS Darlington Borough Council Carer5 Break Grant DPCC- ¢ounselling Childr¢n in Ne¢d Darlington Borough Council p)stventionlbereavement Lloyd5 Foundation Edu¢ation Trnst Au¢kland Youth and Community Centre Virgin Media-young Persons County Durham Community Foundation NoTth Yorkshire Cowity Council- Mind Matters Project Durhm County Council - CREW Courses Co-op Foundaiion - yO￿B Persons Cafe PrOj￿t Mental Health Monitoring Cook and Eat Emergency IT fund 18.552 4,890 69,303 18,613 97.965 17.820 4.554 32.544 4.500 40.275 14.970 19J61 3.698 15.939 20,000 58,032 14,980 6,120 1,120 1.000 42,019 14.980 Page21 continued... N MIND LIMITED Not to th Finanei*l Ststements- eontinued r r the Year Ended 31 M#reh 2021 RAISING FUNDS Other tradiR8 #etivitres 3113f21 3113r20 Loss on sale of #ssets CHARTTABLE ACTIVITIES COSTS Direct Costs (see note 8) Support ¢05ts (see note 9) Total$ Supported Housing se￿I¢¢s M¢ntal Health S¢ryices for Older Peopl¢ Thernpi¢5 and Training and Rehabilitation 301,662 109.102 383.187 47,489 9.386 23.471 349.151 118.488 406,658 793951 874 297 DIREcf COSTS OF CHARITABLE ACTivfTILS 3113lll 3113120 S¢aff Costs S¢aff and volwiieer training MHSOP Meals for servtce users Equipment purchases Premises costs Office running ¢osts Sundries IDt¢rest payable and similar charges 570,485 8,881 567,024 34,428 15,616 10,419 168,377 18.891 40.182 737 9,006 164.733 18,432 22.276 129 793 951 855 674 Cost allocation includes an elern￿t of judgemenL and the cbarity has trLad to consider the cost benefit of detailed calcularions and record keeping. To ¢nsure fvll cost recovery on projects the charity adopts a poli¢y of allocating costs to the respective ¢ost h¢adings thmuglj the y¢aT. Page 22 ¢ontinu¢d... Not to the Financial St#ttments - Contin￿d for tht Ytar Ended 31 March 2021 SUPPORT COSTS Governance Totals Supported Housing Seryi¢¢s Mental Health Servir¢5 for Older Peopk Th¢rapies and Training and Rehabilitation 47.489 9,386 47,489 9,386 23.471 Support cos¢s, included in the above, are ￿ follow5: 3113121 3113120 Mentsl Health Services for Old¢r People Therapies Supported Housing Servi¢¢s Training Total activities Total adivities Rebabiliiatio Amortisation of intangible fjxed assets Wag¢s and 54lari¢s Social security Pensions Management and administration Depreciation of tangible fixed ass¢ts Int¢r¢5t payabl¢ and similar horges 766 16,519 1.355 327 766 34,415 2,824 682 2.753 226 55 15.143 1243 300 23.627 1.869 2.427 7.402 1234 6.785 15,421 14,765 14.934 5,075 20.cl 21.607 43 io. NET INCOMEI(EXPENDITURE) Nel incornel(expenditure) is stated after Chargin￿{¢T¢ditlrtg).. 3113121 3113r20 Depreciation- owned &%sets Deprecialion- assets on hir¢ purchase contracts and fuwi¢¢ kases Deficit on disposal of r￿ed &8sets Compu¢¢r Softwa￿ amortisaiion Auditors, remuneration Accountsncy services 17.314 2.695 18,014 3.592 1.280 766 3,250 3.250 Page 23 confinued.. DARLINGTON MtND LIMrrED the Fin#nei#l Ststerne ts- ntinued for the Year Ended 31 March 2021 ii. TRUSTEES, REMUNERATION AND BENEFITS There were no trwte¢s' remuneration OT other benefrt5 for the year ended 31 March 2021 nor for the year ¢nd¢d 31 March 2020. Tru$tees' expenjes There were no trustees, expens¢$ paid for the year ended 31 March 2021 nor for the year ended 31 March 2020 other than those incurred wholly. exclusively, and n¢¢essarily in perfoTman¢e of their duties. 12. STAFF COSTS 3113f21 3113120 Wages and salaries Social security costs Other pension costs 569.089 32,332 545,273 31,422 608.406 The average monthly number of ¢mploy¢¢s during th¢ year w&$ 4$ follows: 3113f21 37 3113r20 35 Charitable activities Managemeni and administratton 43 41 There were no ernploytts whose emoluments as defthed for taxaiion purp￿￿ amounted to over £60.000 in th¢ year. 13. COMPARATIVES FOR THE STATEMEKf OF FINANCIAL ACTIVITIES Unrestricted fijnds Restricted fimds Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 72,701 72.701 Charitable activities Supported Housing Servi￿5 Menial Health Services for Older People Th¢rapi¢5 and Training and Rehabilitation her trading aciivities Inve$tmerti income 265,¢)99 108255 217291 6.198 504 14.971 280.070 108.255 412,071 6.198 504 194.780 Total 670.048 209.751 879,799 EXPENDITURE ON Raising funds 1.280 1,280 Page 24 continu¢d... DARLINGT N MIND LIMITED tes t the Financial Statements- eontlnutd for be Year Ended 31 M*rth 2021 13. COMPARATIVES FOR THE STATEMENT OF FINANCIAL Acr￿lTIEs- continued Unrestricted Restricted fimds funds Total fijnds Charitsble artiviti¢s Supported Housing Services Mentsl Health Services for Older People Therapies and Trdining and Rehabilitstion 259.640 204.542 259,640 204.542 297231 161.985 459,216 Total 762,693 161,985 924,678 NET INCOMEI(EXPENDITURE) (92.645) 47.766 {44.879) Trnnsfers between funds Net movern¢nt thnds (34,878) (10.(x)i) (44.879) RECONCILIATION OF FUNDS Total brought forw¥rd 810.135 lo.(￿)1 820,136 TOTAL FUNDS CARRtED FORWARD 775 775 257 14. INTANGIBLE FIXED ASSETS Computer software COST Additions AMORTISATION Charge for year 766 NET BOOK VALUE At 31 March 2021 Ai 31 March 2020 Page 25 continued... DARLIN TON MIND LIMITED Notes t the FiD3ncial Statements- contintsed r the Year Ended 31 Mareh 2021 15. TANGIBLE FIXED ASSETS Offic¢ equipment and fittings Freehold property ng leasehold Minibus Totsls COST At l April 2020 Additions Disposa]5 555.499 135.45X) 30.187 11,355 59,372 780,548 11,355 25 317) 25 317) At 31 March 2021 766 586 DEPRECIATION At l April 2020 Charge for year Eliminated on disposal 20,837 8,583 3.830 (144) 18,565 6.495 34,355 5,075 13 456) 77,587 20.009 13 456) Ai 31 March 2021 NET BOOK VALUE At J l March 2021 526 079 131.804 16.4f2 Ai 31 March 2020 702961 Freehold ProFW and L¢as¢hold Property held by the charity was valued on 16 May 2017 by Dodds Brown LLP, Chartered Surveyors and AC Surveys Ltd on an orKTh market value. If Freehold Property and Leasehold Property had not b¢¢n revalued il would have been included at the historical Net Book Value of £744.72612020.. £760210). Pag¢ 26 continued... DARLINGT LIMIT Notes to the FiD8ncial Stgleme - continued for the Y¢3r Ended 31 March 2021 15. TANGIBLE FIXED ASSETS- eontinued Fixed in¢luded in the abov< whi¢h are held underhire PUTcha5¢ Mntracts are &5 follows: Minibus cosr At l April 2020 Transfer to ownershlp 34.055 34 055) At 31 March 2021 DEPRECIATION Ai l April 2020 Charge foT y Transfer to ownership 23.279 2.695 25.974) Ai 31 March 2021 NET BOOK VALUE Ai 31 March 2021 At 31 March 2020 16. DEwfoRS: AMOUIYTS FALLll¥G DUE wmiIN ONE YEAR 3113lll 3 In120 Trade debtors Prepayments and a£¢n￿d income 19,482 35.802 17. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 3113lll 3113r20 Bank loans and overdrafts (see note 19} Hire purch&s¢ (see note 20) Trade creditors Social 5¢curiry and other tsX¢S Other creditors Accrued ¢xpens¢s 12,195 8,595 709 4,000 7,934 25,083 9,560 1.321 Pag¢ 27 continued... ARLIN IN to the Financial Stat m¢Dts - eon inued YtarEnded 31 M8rch 2021 i& CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR 3113t21 3113QO Bank loans (see note 19) 140279 152289 19. LOANS An analysis of the matijriry of loans is given below: 3113r21 3113r20 Arnounts falling due within one year on demand.. Bank loans Amounts falling between one and two years: Bank loan5 Amounts falling due between and fJv¢ years: Bank loans 36.585 Amounts falling due in more than five years- Repayable by instalments: Bank108ns 20. LEASING AGREEME Minimum leas¢ payments un(kr hire purch￿¢ fall due as follows.. 3113r21 3113r20 Net obligations rep&yable- with￿ one year 709 21. SECURED DEBTS The followin8 secured debts ar¢ included within ¢rediitys'. 31n121 3113r20 Bank lo￿$ Hire purrhase conrn¢ts 152.474 160,884 709 152474 161593 Bank loans are s¢¢ured against St Hilda'$ Hall. 8 Falstaff CwL 80 Borough Road and all assets of th¢ company. PaE¢ 28 continued... DARLINCTON ￿lIND LIMITE Notes to the Fin for the Y ncial StAtements- continu r Ended 31 M8rch 2021 22. ACCRUALS AND DEFERRED INCOME 3113r21 3113QO Accruals and deferred income 115368 A number of fundeTS have paid DarlIn￿on Mind Limited in advano for work that either h#d noi y¢t started or was intended for fiJNre years. This includes.. CDCF Edu¢aiiort Tru Children in Need- Young Persons Crime Commissioner- Counselling Darlington Borough Council - Covid Fund Notional Mind- Housing Project NYCGDBC-CYP Mind Matters Virgin Money CDCF Morri50ns Foundation 4.639 2,532 450 5,0(x) 7,238 7,448 30,521 7,540 30.0 20,0(KI 23. ANAL YSIS OF NET ASSETS BETWEEN FUNDS 31rJr21 Totsl fund5 3113120 Totsl nds Unrestricied futsds Restricted funds Fixed assets Cu￿ent assets Current liabilities Long tem liabilities Accruals and deferred income 695J72 311,935 (83.049) (140.279) 115368 695,372 311.935 (83,049) (140,279) 115 368) 702.961 345.619 (40,327) (152.289) 80 707) 668611 668611 775 257 24. MOVEMENT IN FUNDS Transfers benveen funds movement in funds At 3113lll At 114r20 Unre5trieted fumds General funds Designated fund5 430,580 344 677 (85.313) (4.030) 341237 327 374 775.257 {94,746) {11.900} 668,611 Re5trlcted funds R¢stricted grants 11,901 TOT AL FUNDS 775 106 646) Pa8¢ 29 continued... DARLINGTON MIND LIP￿TED Notes to the FinBnei81 Ststements- eontinu for the Ye8T Ended 31 MAreh 2021 24. MOVEMENT IN FUNDS- tontinued Net movem¢n¢ in funds, included in th¢ a￿￿>ve are &% follows.. Incoming Resouwes expended Movement in ￿ttdS Unr¢stricted funds General fijnds Designated funds 583.162 (668,475) (85.313) 583.162 (677.908) (94,746) Restrieted funds R¢$tricted grants 184,489 (196,389) (11,900) TOTAL FUNDS 767 651 874 297) 106 646) Compwrntivw for movement in funds Net movement in funds Trdnsfers between At 3113llO At 114119 Unrestrkted (unds General funds Designated fijnds 454,328 (81.381) 57.633 134 430.580 344 677 810,134 (92.644) 57.767 775,257 Re$trieted funds Resthcted grants 10.(Kii 47.766 (57.767) TOTAL FUNDS 775 257 Comparaiive net movement in fvnd4 included in the abov¢ ore as follows: In¢orning Resources expended Movemen¢ in fund$ Unrestricted funds General ￿ndS Designaied fijnds 670.049 (751,430) 11263) (81.381) 11263) 670.049 (762,693) (92,644) Restrlcted funds Restricted grdnts 209,750 (161,984) 47.766 TOTAL FUNDS 924 677) 44 878) Page 30 continued... DARLINCT N MIND LI otes to the Fin*nei81 St*ttmeDts- eontin for the Year Ended 31 Mareh 2021 24. MOVEMENT IN FUNDS- eontl*ued A ¢UTrenl year 12 months and PTior yw 12 months combined p)sition is as follows: Net movement in fvnds TTansfeT5 between nd5 At 3113121 At 114119 Unrestrided fund5 General funds Desiwed funds 454.328 (166.694) 53,603 341,2J7 327 374 810,134 (187.390) 45.867 668.611 Restricted funds Restricted grants 35.866 (45.867) TOTAL FUNDS 820 135 151524 668611 A Current year 12 months and prior year 12 months combined mow¢meni in fijnds, included in the above are as follow5- lrt¢oming Resollr¢es ex￿nded Movemenr in fijnds Unrestrieted fuods General fwids Designated funds 1253.211 (1.419.905) (166.694) 1253.211 (1,440.601) (187,390) Restricted funds Restricted grdnls 394239 (358,373) 35,866 TOTAL FUNDS (1798 974) 151524) 2& RELATED PARTY DISCLOSURES During the year rent was paid to P Freitsg MBE, one of our TYll￿ee￿ in ihe swn of £S,ICrt) (2020: £5.100). This prop¢Tty forn]s part of our portfolio for Supported Housing Services and i$ CUTr¢ntly lei to a service user. The r¢nt Te¢eived is paid ilJrou8h Housing Benefit and a conrnlyjiion from th¢ s¢r¥ice u5¢r. Pag¢31