REGISTERED COMPANY NUMBER: 04433988 (England and Wales) REGISTERED CHARITY NUMBER: 1093140 fthe ee Audited Financial Ststements the DARLINGTO]4 MIND 'AD12W2MJ* 1611212024 COMPANIES HOUSE A09
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DARLINGTON MIND Contents of the FinAnci41 tttm¢DI for the Year Ended 31 Marth 2024 PEe Report of the Trustee5 Report of the Ind¢p¢nden¢ Auditori 9 to 12 Statement of Finanelgl Adivities 13 B*lADte Sheet 14 Cash Flow St4ttment 15 No¢es to the C4$h Flow St4¢em¢Dt 16 No¢u to the FinADcial Statements 17 to 29
DARLINGTON MIN rt of the TThstees for the Year Ended 31 March 2024 The trustees who are also dire¢tors of the charity for ihc purposes of the Companies Act 2006, present their report with Ihe financial ststements of the Charity for the year ended 31 March 2024. The trustees have adopted ihc provisions of Accounting and Reporting by Charilies= Staiement of Recommended Pra¢ii¢e appli¢abl¢ to ¢harities preparin8 iheir accounts in a¢cordan¢e with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 102) (effective l January 2019). DARLINGTON MIND MISSION STATEMENT To promote good mental health and wellbeing and to offer high qu*lity Carc, sUPPOrt ond recovery services within our local communilies. Objectlves #nd activities Objective$ And Aims Thc Charity's principal objective is to assist people with mental health issues to Tegain their fiill pol¢ntial in life and work. In setting our objectives and planning our activities, Trustee5 have considered the Charities Commission's general guidance OTJ public benefil. When r¢vicwing our aims and objectives and in planning our future services. the Trustces consider how planned aciivities will ¢ontribule to the atms and objectives they have sei. All thai Darlingion Mind does as a charity is for public benefit and most of its aciivilies fulfil The Charity Commissions cil¢80ry (12) purpose of "th¢ relief of those in need, by Teason of youih. age. ill-healih, disability. finan¢ial hardship or other disadvaniage" The Chlrity also works for cate80ry (6) "the advancement of health or the saving of lives" where this Telatrs to Mental Health. The Charity works tirelessly lo ensure its services are of 'public benefit, and its Trustees ensure there is free and open access to any pcrson who lives and work5 wiihin the Darlington. Souih of County Durham, Hambleton and Richmondshire area who are dealing Wlth m¢nio1 health distress. The Charity seeks to realise ihis objeciive by providing Ihe support and services delailcd below. Page I
DARLINGTON MIND rt of the Trusttts rEnd 31 March 2024 fortb Y Objet¢ives and Activilies Servi¢e D¢llv¢ry During the year the charity supported 1,755 people in Darlinglon, South of County Durham. Hambleton and Richmondshire through a range of interventions. Wc strive to support more people each year acmss our local comrniinities to meet the ever growing demand for help. The Icgacy of ihe pandemic continues lo h&ve a lasting effecl on the mental health of many local people, in¢luding the trauma of isolation and loneliness, reduction in confidence and lack of social skills and wilh the limitations on people accessing NHS appointments during lockdow)s and ihe resuhing waiting lists, physical health conditions have worsened widely with a knock-on impact on mental hcalth. The people we serve still continue 10 8rappl¢ with the high cosl of living, uncertainty around utility costs. uncase ibout conflicts in Europe and further afield, relalionship and job worries, a rise in reports of domestic violence. eating disorders. homelessness plus more people becoming alcohol and drug dependenl. This m¢ans that numb¢rs seeking help continues lo rise. However. we are also aware thal a great many people, feeling unwell and slru881ing lo cope but do not •sk for help. with social and self-stigma, being barriers to engagement. Supported Housing Services Sainl Hilda's House has a l O Bed Housing Project speeifically for people with mental health issues which is managed by Ihc charity on behalf of ihc North Siar Housing Groiip. Housing staff offer tenancy support and Alongside OUT Adult Menial Healih Team emotional and practical help is available to residents and everyone is charged rent for their 'accommodation. The Charity are also rnanaging agents on behalf of North Star Housing for 6 separate single person flals for individua15 who have progressed from Saini Hilda's House into independent living but who Still require ontinuing long-lern suppon. The charity also has l O $in8le person units and rents a further unil frorn a private landlord. We offer good quality accommodation for people with mentsl health issues and work Closely with 8 range of ogencies Ihal assist with Te-settlemenl of people into a community setting as pan of their rehabilitation process. The charity continues to seek development of a range of oiher partnerships to extend its housing offer. Rehbilittion: Th¢ So¢ial Dropin Is a day service for adults with mental health i55ues and offers recrcational and comrnunity aclivities for people by assessing needs and helping ¢lienis 10 move through a process of rehabiliiaiion, therapy. and peer support. Therapeutic aclbvities Therapies account for a signifi¢•nt part of the ivork of the charity's support for adults. Our a¢tiviti¢s include: Digi101 Skills Proje¢t continues to help people develop online, digitsl skills and confidence, which are essential in helping to achieve and maintain ¢lienl'S domesti¢. finan¢ial and social needs. Art Group wilh regular art and ¢r¢ative craft sessions - developing a wide varlety of ¢reative skills, trip5 10 inspiring v¢nu¢s and exhibiting clienl's work. Walking groups Providing an outlet for physi¢al exercise. ac¢ess lo nature and social connections- Cook and Cal - supporting learning life skills such as Cooking and bud8el planning. $UPPOrtin8 healthier eating. GaTdeninB and development of oiir garden on site at Darlington,. A new Men's Social Group in Northallerton - a place to connect and share; Knitting and relaxation. Creative writing and poety IDarlington and Northallerton). and A rnonthly support group for people dealing wilh anxiety and dcpression. Rapid Response Suicide Prevention The NHS North East and North Cumbria Integrated Care Board has continued to fund the Rapid Response Sui¢ide Prevention seThice covering County Durham and Darlington. The Charity continues to work with Let's Conne¢1 (the forn)er Hartlepool and East Durham Mind). Workin8 With the Crisis, ACCESS and GP Teams, we ensure each new referTal is assessed within 24 hours and s¢¢s a Couns¢llor within 5 WOTking days. Demand ¢ontinues to be high. Pag¢ 2
DARLINGTON MIND ort of.the Trustees he Year Ended 31 March 2024 Objectives 8nd attivlties Additional Adult Services in H4mbleton Ind Richmond$hirt We offer a range of services including the North Yorkshire Council (Trflc) commissioned service ¢alled Trrfind Matters, providing a range of low-level advice, information. and peer support services. We also provide a NYC fvnded day 5¢rvi¢¢ for people with enduring mental health issues. We also work in partnership engaging with the Cuppa Connect proje¢t - outreach work en8aging with the local communities across Hambleton and Richmondshire. Rteovery and Wellb¢ing Tr•lnlng We Continued io offer a range of self-help courses in County Durham and from our bases in Darlington and Northallerton, in¢luding emotional resilience. Training and WorlLfor¢e Development We provide training and workfoT¢e developmenl service5 to ihe VCSE, publi¢ and privalc sectors including mental health awareness, suicide prevention, workplace wellbeing and MentAI Health Firsi Aid, Th¢te is an in¢reasing recogmition amongst business ihal mental health care for iheir employees is essential. Ceneral Counsellin£ We have a bank of volunteer Coun$ellors. who provide iheir time free of Charge whi¢h enables the charity lo piovide some of ils ¢ounselling at very low rales. The Counsellors provide an invaluable seThice to people with mental health issues who need access lo ialking therapies. In addition, we offer paid ¢ounselling foT ihose whb can pay. The demand for this service remains high. Childrtn's Services: We have now Completed the four-year BBC Children in Need funded project. This included providing specialist support and awareness raisin8 sessions for ¢hildren who arc al ii5k of 5elf-hArni. We have been utilising Big Lottery funding lo maintain our support for children and young people lo continue to meet demand and identified need. We Continue to seek fi)nding opportunilics to grow our capacity for this type of support. Children And Young People's Counsellln8 In Darlington S¢hools This programmc, now in its fifth year, is funded by Darlin8ton Education Trusl (Point North) which provides roun5cllin8 support to students in l O Darlin8lon secondary schi)ols, with which we work very closely. The programme aims to support Ihose p¢opl¢ with Ihe most PFiority menlal healih condilions with substantive levels of counselling geared to th¢ir n¢¢ds. Other funding? projeels and Volunteer Support The Charity is an intC8rAI part of mental health service delivery in Darlington, South of County Durham. Hambleton ind Richmondshire. We continue lo raise funds to assis¢ with our work and have benefited from smo11 donalions from a variety of organi5ations and indivtduals. A large proportion of fiinds received by the charity ¢urrently come fTOrn Ihe purchase of service$ by siatutory bodies for delivery to service users. which continue to fall. W¢ ¢onlinue lo look for other diverse sources of funds io assisi with our charitable aims and objectiv¢s. Volunteer support The Charity depends on a stTong forcc of moTe than 22 voluntccrs to supplement the work of paid staff. The mixed workforce is a valuable part of our organisalion. We would like lo thank all our volunl¢ers who collectively make a huge difference to our work. St• The Trustees would like lo cxtend a huge thank yoii to the stsff for their hard work, siipwrt and loyalty in what continued to be extreme and difficult Condilions during this financial year. Pag¢ 3
RLINCTON MIND rt of the Trnstee for the Year Ended 3 M¥r¢h 024 Aehlev¢men¢ Ind performance Charitable Attivities The Charity has perfomied reasonably well financially during ihc yeaT with careful management of costs. There was a small operational SUTplus for the charity in ihe year ended 31 March 2024. The Charity face5 ongoing ¢ost in¢reases on utilities, general operalin8 wsis and wages, moving into 2024125. Trustees are satisfied with the extent io which the Charity's services have been taken up and its financial perforn)ance for the year. Trustees and Senior Managers regularly review 1hc relevance and effectiveness of ihe services ihe Charity provides to ensure that its objectives and obligations to ils users are mcl. FinAncio1 review FinAncihl position The Charity is committed to continually reviewing the effi¢ien¢y and effectiveness of scrvi¢es being delivered and to discontinue any service which can no longer be delivered in on efficient and ¢ffe¢iive manner. However. the Charity continues to connect wilh current and polenliaS clients and other stakeholders to best understand needs and to respond by developing new proje¢ls to meet those n¢ed5. Trustees regularly r¢view and amend the Financial Regulaiions and will continue to ensure good governance. Investmenl income ari5C5 from capital and interest-bearing deposit accounts as well as from inve5tmenl propertie5 which have been purchased. Inlercsl received on our reserves has increased due lo Ihe present market position and is dependenl on changes to interest rat¢s. The Charity's Trustees will seek to use its reserves appropriately whi15t still reducing our risk profile in the future where prudence and careful consideration juslify it, in¢luding th¢ developmenl of joinl ventures and the purchose of addiiion&l capital assels which might gcnerhie unr¢stri¢ied income. We will continue lo consid¢r new housing development opportunilie5 where we feel they will strengthen our overnll rinancial position and meet local need. Investment polity and obj¢ttlves The Truslecs, havin8 regard to ihc reserves policy, have operated a policy of retsining available fvnds in in¢¢rest b¢arin8 deposit accounls. Page 4
ARLINGTON MIND rt of the Tru$ ee$ for the Year Ended 31 M¥r¢h 2024 FIDancl41 review Reserves po]i¢y The Executive acting 3s Trustees have reviewed the Charity's needs for reserves in line with the guidan¢e issues by the Charity Commission have agreed ihai finan¢ial r¢seTves (the "Emergency Operating Re5ervc" EOR) should be held for ihe following PUTposes'. Income from statutory bodies is from a 'call off contract. Thls inevitably presents cash- flow issues and income from Ihesc sources will need to be carefully monitored to ensure it does not result in the Charity experiencing serious liquidity issues in th¢ futu. In addition. the Charity is conscious of reducin8 local authority budgcts and a Squee on fvnding for adult social ¢are. This has resulted in a considernble loss of incomc over a number of years, and we predict further falls in the future. Income from our Integrated Care Board contracl with the Suicide Prevention Project. has not increased in real ternis for more Ihan six years - Ihey are ihereforc worth considerably less and yet demand of the services has considerably increased over the same period and continues Io Teach record levels. The Charity receive5 renlal and housing benefil premium from the local authority for its 27 housing units which are occupied by p¢ople with mental health issues. Due to the inevit3ble fluctuation of occupancy the Charity must retain funds to bridge the payment of oper•ting costs at times when rent incorne is not forthcoming due to interim voids. We re¢eive'ad ho¢, donations and Struclurcd grant aid from charitable trusis including Darlington Education Trust, County Durham Community Foundation. and others. In addition, we receive donation5 and the results of fund- raising opportunities, but these payments ar¢ irregular in rate. Reserves are nceded to 5rn00th out this flu¢lualion. Some income is generaled for'charged for, services including charging serrfice users for attending projects. from Iheit P¢Tsonal social ¢ar¢ or individual 5ervirc contracts. The Charity also generates some limited income from a variety of other sources including investments and a generated surplus al Ihc year-end. The Charity requires protection against and the ability to ¢ontinue operating despite damaging events or unforeseen ¢ir¢umslances whi¢h are outside the scope of thc nonnal budgeiing proce55. This might •lso include damaged property that cannoi be used. The iargcl level for the EOR has been set al 3 months operating costs - a sum of approximately £218,000 plus £86.000 spe¢ifirally set aside lo cover redundancy obligations on a forced ck)sure basis is £304,000. Totsl reserves held 8131 March 2024 are £798,187 of which £34,171 are held for restricled purposes, the balance relates lo unrestricted reserves, which consists of general and designatcd: GenerAI Reserves Is held lo sustain operalions during periods when there is an unanlicipated shortfall in income resources or Io ¢OV¢T unanlicipated si8nifi¢ant cxpenditure, Ihe general reserve as al 31 March 2024 is £764,016 whi¢h sufficiently Covers the EOR. Although the gener81 reserves currently stand ai £764,016. 8 proportion of this relates lo fixed assets. The nel book valuc of fixed assets as al 31 March 2024 15 £688.734 whi¢h would not be easily convertible into cash in thc short lerni, however current levels of cash held at 31 Mh 2024 is £332.073 which would cov¢r the EOR. Dtsllnaled Reserves £350,876 is held in a designated reserve to cover projeths cosls outside the ¢urrcnl operating budget and l or oulside the urrent financial year and consists of lh¢ following: Fixed assets held for charity use: St Hilda's Hall nel book value is £245,000 and is to be used operationally and its disposal would adversely impaci on the charity's ability to deliver ils aims. All fure deprccialion I revaluation will be allocated against this reserve. A further £IO.000 has been reserved to cover ongoing refurbishmeni and maintenance. A capital grant was received for the purchase of computer equipment. the net ix)ok value of these assets is £1.592. All deprecialion will bc allocated against this Teserve. A capital grant was re¢eived from The Department of Health to pur¢hase"Places of Safety" The properties net book value is £94,284. All future depreciation will be allocaied against this reserve. Page 5
DARLINGTON MIND ortoft eTru tees for the Year Ended 31 Marth 2024 Fu¢ur¢ p14ns Year ending 3 1st March 2025 will be another exciting and challenging year for the charity. There are financial challenges due io the Increase in ulilities, gener41 running and wages cosis and the reduction in stalory income. However we are hoping io grow financially and geographically. developing new services, supporting more people. and meeting incrcasing demand. Any Surpluses generated fiDm housing provision will be used io fund other mentsl health services in the fvture for those in mosi need. The charity Iix)ks forward to continuin8 to be the largest charity providing speci8li5t menial health scrvi¢es for the people of Darlington, South Durham, Harnblcton and Richmond5hire. Slru¢ture. governance And man*g¢ment Governing dotument The charity 15 controlled by its governing dotument. a deed of trust, and constitutes 8 private limiled ¢ompany by guarantee without share ¢apital and use of 'Limited' exemption, as defined by the Companies A¢1 2006. In the event of the company being wound up, members are required io wntribule an amounl nol ¢xceedin8 £1. Darlington Mind 1$ an independent registered ¢harity, re8lStered wilh the Charity Commission in En8l#nd and is a member of the national Mind Federation. The charity was forn)ed on 9th May 2002 to ¢onlinue the activitics of its predecessor unin¢orporated entity, Darlington Mind. and commenced its oper•lion$ on I st October 2002. The charity exists lo promote and prescrve good mental health and lo as$i$t ihose experiencing m¢nt81 distress lo regain their full poleniial in life and work. D8rlingion Mind was fonned on 5ih Decemb¢r1979 and as it WOTks through its 45th y¢ar of operation, Ihe ¢harity is well placed to deliver a ran8e of vitally important menlal health service5 to Ihos¢ who live and work in DarlInon. South Durham. Hambleton and Richmondshirc. Re¢ruitmen¢ and Appointment of new trus¢ees Membership of the charity is open 10 4nybody with an interest in ils work who is not a member of sthff. AppoiTltment to the Board of Trustees is by nomination from the membeTS followed by election at the Annual General Meeting. The Board of TTUStees consists of up io 13 members wilh the primary office holders bein8 the Chair (currenily 2 co.ch8irs, Vice Chair, Trea5urerlChair of Finance and Risk Commift¢¢ and Chair of Welfare ond M8nagemenl Committcc. The Chief Execulive Officer acts as Company Secreiary bui is a non-voting member of the Board. The Treasurer and Chair of Finan¢e roles arc held by ihe same officer. The charity is ¢ommitted io ensuring full-service user involvemenl in its decision making at all levels. The Board also seck5 to fjll any skills gap on ihe Boird by recruiting new Trusiees lo help Ihe ¢harity mee( 115 Strale8i¢ objectives. Or%ani5ation•l s¢ru¢tur¢ The Chief Exetutive and staff carry out Ihe day-lo-day administration of th¢ Gompany on behjlf of the Board of Tstee$. Honorary olTicers and other volunlccrs also 8ive valuable assislance in both expertise and time to facilitate the smooth running and mana8emenl of the organisation. Jnduttion 8nd training of new ¢TUStees New trustees are provided with induction training including core trainin8 in safeguarding adults. safeguardin8 children, equality and diversity. he•lth gnd safety, data protection and range of other issues. New Trustees are also issued wiih copies of the Charilies Constitution, Articles of Associalion and Charity Comrni5sion publications including dclails of their responsibilities as Iruslees and working Tule5. In addition, w¢ have provided a Trusle¢ Handbook to all TTUStees. A skills audit is undertaken of the trustees on a regular basis and appropriate training is organised for individuals ther¢aft¢r. The Chair of Trustees (currently two co-chairs) a150 apprais8ls wilh the CEO and seeks ihe views of all Tru$tee$ via a qucslionnaire. Key management remuneration Remuneration is revi¢w¢d annu011y by the Board of Trustees by reviewin8 rates of inflalioTh, cost of living, industry faclors and Ihe changes lo the national living wage. Any pay awards for all staff includin8 senior managers are reviewed and approved by the Board of Trustees. Page 6
DARLI]YCTON MIND rt of the Trustees for the Year Ended 31 March 2024 Struflurei govtrnance and m8nAgement Rlik management and finntial rtgulations The Trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls arc in place to provide reasonable assurance against fraud and eor. The TTUStces have examined the major straiegi¢, business, and operational risks which ihe charity faces and assembled a Risk Register which confirnjs that systems and ¢onlrols have been eslablished to enable regular reports to be produced, so Ihal the necessary steps can be taken to lessen Ihese risks. The charity has iaken out a variety of insurances to cover its work, to ensure ils Trustees and provide support in Health and Safety and personnel related issues. In addltion. the Trustees have reviewed its flnancial regulations for operational staff, amended its reserves policy and updated ils business plan during the financial year. R¢fer¢nte Ind dmlDlStr*tive de¢Aili Registered Company number 04433988 (England and Wajes) Reti$¢ered Charity number 1093140 Registered office Saint HFldas House I l Borough Road Darlington County Durham DLI ISQ TStee3 L Gillespie (reslgned 20104123) M L Pears Dr R Langrick C Dool&n N Sullivan (resigned 19108124) J Soane C Hodgson D L Dalton K Hunter (resigned 31107124} T Manners K Bennett (appointed 30105123) Company Secretary S G W David50n Senior StAtutory Auditor S Davies, Mmaih, FCA Auditors Mitchell Gordon LLP A¢¢ountanls and Statutory Auditor 43 Coniscliff¢ Road Darlington Co. Durham DL3 7EH Page 7
DARLINGTON MIND rt of ¢he Trustees for the Year Ended 31 March 2024 Reference and admlnAs¢rative details Bankers Nalwesl, 25 High Row. Darlinglon. DL3 7QP Charities Aid Foundation, 25 Kings Hill Avenue, Kings Hill, West Malling) Kent. ME19 4JQ The Charity Bank Limited, Fosse House, l 82 Htgh Street, Tonbridge, TN9 1 BE Virgin Money Bank. Jubilee House, Gosforth, Newcastle Upon Tyne, NE3 4PL Senior L**dtrship Team S G W Davidson - Chief Executive Offi¢er M Havrthorn- Straiegic Development Manag¢r Statement of truslees, responsibilities Th¢ Truslees (who are also the directors of Darlinglon Mind for ihe purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and Uniled Kin8dom Accounting Standards (United Kingdom Generally Accepled Accounting Practice). Company18w requires the Trustees to prepare financial $iatern¢nts for each financial year which give a tNe and fair view of the stale of affaiTS of the ch3rilable company and of the incoming resources and application of resources. including the income and expenditure, of ihe chAril•bl¢ company for thai period. In preparin8 ihose financial staiements. the Truslecs are required to: select suitable accounting policies and ihen apply Ihem consislenily- observe Ihe rnethod5 and principles in ihe Charity SORP. make judgements and estimates that ar¢ reasonable and prudent. Slate whether applicable UK accounting standards have been follpwed, subjeci io any mat¢rial depamir¢s disclosed and exploined in the financial stalemenls. and prepare the financial slatemenls on the going concem basis unless il is inappropriate to presume ihai the charilable company will continue in business. The Trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy al any lime the financial position of the charitable ¢ompany and io enable ihcm lo ensure ihal the fin4n¢ial Slatemenls comply with th¢ Companies A¢1 2006. They are also responsible for safeguarding the assets of the charitable company and hen¢e for taking reason8bl¢ steps for the prevention And detection of fraud and other irregularities. In so far as the Trusiees are aware.. Ihere is no Tclcvant audit infom)ation of which the charitabl¢ company's auditors are unaware. and the Trustees have taken all steps ihal ihey oughi to have tsken to make themselves aware of any relevant audit infomiaiion and to establish thai Ihe Auditors are aware of that infornialion. AudÉtors The auditors, Mitchell Gordon LLP, will be proposed for re-appointment at the forthcomtng Annual Genernl Meeting. Approved by order of the board of trnstees on 12 December 2024 and signed on its bch8lf by: D L Dalton - Trustee Page 8
ort of the Inde ndent Auditors to the Members of Darlin on Mind Opinion We have audiled ihe financial ststements of Darlington Mind (the'charitable company,) foT the year ended 31 March 2024 which comprise the Statement of Financial Activities, the Balance Sheet. the Cash Flow Statement and notes to the rinancial staiernenls, including a summary of significant accounting policies. The financial reporting frdmework that has been applied in their prepardtion is applicable low And United Kingdom Accounting Standards (United Kingdom Generally Accepted A¢¢ounting Practi¢e). In our opinion the financial slatements-. give a true and fair view of the slai¢ of the charitable company's affairs as at 31 March 2024 and of its incoming re50urce5 and application of resources, including its income and expenditure, for Ihe year then ended; have been PToperly prepared in accordance with Uniied Kingdorn Gencrally Accepted Accounling Praclicc. and have been prepared in a¢¢ordan¢e with the requirements of the Companies Act 21)06. Basis for opinion We conducted our audit in o¢¢ordance with Inlernational Standards on Auditin8 (UK) (ISAS {UK)) and applicable law. Oiir responsibilities under those slandard5 are fiirther described in the Auditors, responsibilities for the audit of ihc financial statements section of OUT report. We are independent of the charitable company in a¢¢ordance with the ethical requirements that are relevanl to our audit of the financial statements in the UK. including the FRC'S Ethical Standard. and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evid¢n¢e we havc obtained is sufficienl ond appropriate lo provide a basis for our opinion. Con¢lusions relating to going eoneern In auditing the financial statements, we have concluded thal the trustees, use of the goin8 ¢on¢ern basis of accounting in the pr¢par4lion of Ihe finCIal statements is appropriate. Based on Ihe work we have perfomied, we have not identified any material uncertainties relaiing to events or conditions that. individually or collectively, may cast significant doubl on the charitable company's ability to continue as a going concern for a period of at least twelve month5 from when ihe financial stalcments are authori5ed for issue. Our Tespon5ibilitics and the responsibilities of the trustees with respect lo going concern Are described in the relevant sections of this report. Other information The trusi¢¢s are responsible for the other inforniation. The other inforn)ation comprises Ihe infom)ation in¢luded in the Annu81 Report. oiher than the financial statements and our Report of thc Independent Auditors Ihereon. Our opinion on the financial stalements does not cover the other infornialion and, ex¢ept to the exlenl otherwise explicitly ststed in our report, we do not express any forni of assurance conclusion Ih¢reon. In conneclion with our audit of th¢ financial staiemenls, our responsibility is lo read the oth¢r infonn•tion and. in doin8 $0. nSider whether the oiher inforn)ation is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appeprs lo bc m?leriJlly mis5t8led. If we identify such material inconsistencies or apparent material rnisstatements. we are required to deierniine whetheT this gives rise to a material misstatement in the financial statements themselves. If. based on the work we have perforn)ed, we Conclude ihai ihere is a maicrial missiat¢menl of Ihis oiher infornialion, we are required to report ihal fact. We have nothing lo report in this regard. Opinions on other matters pre$eribed by the Companits Aet 2006 In our opinion, based on the work undertaken in the course of the audit.. the infornTration given in the Report of the Trustees for the fjnancial year for whi¢h the financial statements are prepared is consistent wilh the financial stalements. and Ihe Report of the Trnstees ha$ been prepared in aeeordance with applicable leg81 Tequiremenls. Page 9
Re rt of the Inde endent Auditors to the Members of DgrAin on Mind M*¢ters on which we are required to report by ex¢eptlon In ih¢ lighi of ihe knowledge and understanding of the charitable Company ond its environmenl obtaincd in the course of the audit. wc have not identified material misstatements in the Report of Ihe Trustees. We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to rew)rt to you if, in our opinion.. adeguate ac¢ounling records have nol been kepl or returns adequate for our audit hav¢ noi been receiv¢d from brnn¢h¢s not visited by us. or Ihe financial slatements are not in agreement with the accounting re¢ords and retums- or Certain disclosures of trnstees. remuneration specified by law are not made. or we have not received all the infomiation and explanations we require for our audit: or the trusiees were not enlitled to tak¢ advantage of the Small compani¢$ exemption from the requirement to prepare a Strategic Report or in preparing lh¢ Report of the Trustees. Responslbilities of trustèes As explained rnore fully in ihe Statement of Truslees. Responsibilities, the trLlStees (who are also the directors of th¢ ¢h8rilable company for Ihe purposes of company law) are responsible for the preparation of the financial statements and for being satisfied th81 they give a true #nd fair view, and for such internal control as the truslees dclerniine is necessary to enable ihe preparation of financial stalemenls ihat are free from material misstatement, whether due 10 fraud or error. In preparing the financial st8temenls, lh¢ trustees are responsible for assessing the charitable company's ability lo continue as a going concern, disclosing, as applicable. marters related to going concern and using Ihe going )ncern basis of accounting unless the trustees either intend to liquidate the charitable cornpany or lo cease operations, or have no reali51ic alternative but to do so. Page 10
ort of the Inde dent Auditors to the Members of Darlin on Mind Our responsibilitie$ for the *udit of the fin#ntial stal¢ments Our objectives are to obta7n reasonable assurance about whether th¢ financial statements as a whole are free from matcrial misstatemeni, whether due to fraud or error. and lo issu¢ a Report of the Independent Auditors that includes our opinion. Reasonable assuran¢¢ is a high level of assurance, but is not a guaranlce ihal an audil conducted in accordance with ISAS (UK) will always detect a malerial misstatement when it exists. Misslat¢ment5 can arise from fraud or error and arc considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic dectsions of users iaken on the basis of these financial statements. The exlent to whi¢h our proccdurcs are capable of detccting i¢gUIanflCs, including fraud is detsiled below: Our approach to identifying and assessing the risks of material misststement in respect of irre8ul8rities. including frhud and nOOmpliance with laws and regulations. was as follows: the engagernenl partner ensured that the engagement team collectively had the appropriate competence. capabilities and skills to idcnlify or recognise non-compliance with applicable laws and regulations: we identified the laws and regulations applicable to the company through discussions with directors and other management. and from our commercial knowledge and experience of ihe sectors in which the company operates; we focused on specifi¢ laws and regulations whi¢h we ¢onsider¢d may hav¢ 8 dir¢¢l maieriol effect on Ihc financial siatcmenls or ihe operations of the CA)mpany, including the Companies Act 2006, Charities Act 2011, tlxation legislaiion, dala protection compliance, anti-bribery, employment and hcalih and safety legislation. we assessed th¢ extent of ¢ompliance with the laws and regulalions identified above through making cnquirics of managemenl and insp¢eling legal ¢orre5ponden¢e' and identified laws and regulations were ¢ommunicaled within the audit leam regularly and the team remained alert to instances of non-compliance throughout the audil. These procedures did nol identify any potentially material actual or suspected non-compliance. We assessed the SUS¢¢Plibility of the Company's finan¢ial statements lo material misstal¢m¢nt. includin8 obiaining an understanding of how fraud might occur, by: making enquiries of management as lo where they considered there was susceptibility to fraud, their knowledg¢ of actual. suspected and allcged fraud; considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations. To address the risk of fraud ihrough management bias and override of controls, we: perfornied analy.tical PTocurcs to idenlify any unusual or uneXCted relationships. reviewed material journal entries to idenlify unusual transactions or postin8 by unusual users; assessed whether judgements and assumption5 made in deleminin8 the accounting emimates were indicative of potenlial bias; inv¢stl8ated the rhlionale behind significant or unusual transactions. In response to the risk of irTe8ularities and non-¢omplian¢e with laws ind regulations. we designed procedures which incliidcd, bul were not limited to.. agT¢¢ing financial statemeni disclosures to underlying supporting docurnentation; reading the Minutes of meetings of those charged with governance. enquiring of man?gern¢nt a5 to actual and potential liligation and claims; reviewing correspondence with HMRC ond the company's legal advisors. Owing to the inherent limilalions of an audit. there is an unavoidable risk that we may not hav¢ d¢i¢¢ted some material misstatements in the financial statements, ¢ven though we have properly planned and perfornied our audil in accordance with auditing standards. For example, the further removed non-rJ)mpliance with laws and regulations is from ihe events and transactions reflected in the financial statements, the less likely the inherently limiied procedure5 required by auditing standards would identify it. In addition, as with any audit. there remains a higher risk of non-deteclion of fraud. as these may involve collusion, forgery, intentional omissions, misrepresentations. or the override of inlernal controls. Our audit procedures are designed lo delect malerial misstatement. We are not Tesponsible for preventing non-cornpliance of fraud and cannot b¢ expected to detect non-compliance with Ill laws & regulalions. Pa8ell
Re ort of lh¢ Inde ndent Audilors to the members.of Darlin on Mind A further descriplion of our responsibilities for the audil of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uklauditOTsresponsibililies. This description fonns part of our Report of the Independent Auditors. Use olour report This report is made solely to the charitable company's members, as a body. in accordance with Chaplcr 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might stale lo the charitable company's members Ihose matters we gre required to stale to them in an auditors, report and foT no other purpose. To the fullest extent perniitted by law. we do not accept or assume responsibility lo anyone other than the charitable company and the charitable company's memb¢rs as a body. for our audil work, for this report, or for the opinions we havc fornjed. S Davies, Mmaih, FCA (Senior Ststutory Auditor) for and on behalf of Mitchell Gordon LLP Accountants and Statutory Audilor 43 Coniscliffe Road Darlington Co. Durham DL3 7EH Dat¢.' 12 Decernber 2024 Page 12
DARLINGTON MIND StAlement of FlnAneil Acilvities oralin an Income and Ex enditure Aceount for the Year Ended 31 MArch 2024 IDcor 3113124 Totsl fund5 3113123 Total funds Unreslricted funds Rcstriclcd funds Notes Income gnd end0entS from Donations and legocies 36,701 36,701 38,008 Ch8ritable aetivilies Charitablc activities 66),053 131,523 792,576 776,270 her trading activities Investmtnl in¢ome 274 2,527 274 2.355 689 Total 700.555 131523 832 078 817 322 Expenditure on Raising funds 1,738 1.738 189 CharitAbl¢ a¢tlvi¢k$ Charitsble activities 680 156 139479 819 635 788 662 Total 681894 139479 821373 788 851 NET INCOMEI(EXPENDITURE) Trnsf¢rs betiveen funds Other re¢ogni$ed g*insl(Ios5e$) Gains on r¢valualion of fix¢d assets 18,661 I 1.010 (7,956) (i).010) 10,705 28,471 24 Net movement in funds 72.571 (18,966) 53,605 28,471 Reeontiliation of funds Totsl funds brought foTward 691,445 53.137 744,582 Total funds carried forward 764 016 798 187 The notes forni part of these financsal statements Page 13
DARLINGTON MIN Balanct 31 Mareh 2024 3113124 3113123 Notes Fixed assets Intangible assets Tangible assets 14 15 8,819 679915 10.188 651242 688,734 661,430 Current assets Debtors Cash at bank and in hand 16 14,765 332 073 11,038 317 669 346,838 328.707 Credltors Amounts falling duc wiihin on¢ year 17 (72,538) (48,787) Net currtnt assets 274 300 279.920 Totgl A$s¢ls less current IIAbllltles 963,034 941,350 Credilor5 Amounts hlling duc after more ihan on¢ year 18 (118,297) (127,085) Accruals and dtftrred in¢om¢ 22 (46.550) (69.683) NET ASSETS 798 187 744 582 Fund$ Unrestricted funds Restricted ndS 24 764.016 691,445. Tot81 funds 798 )87 744 582 These financial slatcments have been prepared in a¢cordance with the provisions appli¢able lo charitable companies subject to the small companies regime, The financial statements were approvcd by th¢ Board of Trustees and authorlsed for issue on12 December 2024 and were signed on its behalf by.. D L Dalton - Trustee Thc noie5 forni part of these financial statements Page 14
DARLINGTON MIN Cash'FI w Statemenl for the Year Ended 3] March 2024 3113124 3113123 Noles Cash flows from operating a¢tiviti¢s Cash generated from operntions Interest paid 28,570 40.722 Net cash provided by operating activities Cash flows from Investing activilies Purchase of tsngible fixed assets Interest received (798) 689 Net Cash provided byl(used in) inve$iing aetivilies Cash flows from fiD4Dcing Attlvitles Loan repayments in year Provision (7,414) (9,277) 3,950 Nel cash used in financing aclivsties 13 227) Chang¢ in eash and cash equlvalents In the reportin% period Cash and cash equivAlents 4t the beghnning of the reporting perlod 14,404 21,018 317 669 296651 Cash and c*sh equivalents gt th¢ end of the reportln% perlod 332 073 317 669 The notes forni part of these financial statements Page 15
DARLINGTON MIND No to the Cash Flow.St¢emenl for the Year Ended March 2 24 RECONCILIATION OF NET I]YCOME TO NET CASH FLOW FROM OPERA TING ACTIVITIES 3113124 3113123 Ne¢ In¢ome for the reporting period (Is per the St8ternent of Financial Activities) Adjustments for: Dcpreciation and amortisation charges Interest received Interest paid (Increase)Ideerease in debloTS Decrease in creditors 10.705 28.471 15,596 {2,527) 9,279 13.728) 755 15,910 (689) 6.368 57.063 66,401) Net cash providtd by operlion$ 28.570 ANALYSIS OF CHANGES IN NET FUNDS Al 114123 Cash flow Al 3)13124 e¢ ¢1sh Cash al bank and in hand 317 669 332 073 317 669 332 073 Debt Debts falling due within l year Debts falling due after l year (7,478) J27 085 (1.374) 18,852) 118297 134 563) 127 149 Tot81 J83 106 The notes forni part of these f)nan¢ial ststements Page 16
DARLINCTON MIND. Notes to Ihe Fi04nti#l Stalements for the Year Ended 31 March 2024 ACCOUNTING POLICIES Basis of pFeprlng the financlal stattmtnt$ Th¢ financial slatem¢nts of the charitable company, which is a public benefit entity under FRS 102. have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities.. Statement of Recommended Practi¢e applicable lo charities PTeparing their a¢coiints in a¢cordan¢e with the Financial Reporting Slandard applicable in the UK and Republi¢ of Ireland (FRS 102) {effe¢tive l January 2019),, Financial Reporting Standard 102 The Financial Reportin8 Standard applicable in the UK and Republic of Ireland, and the Cornpanies Act 2006. The fmanci81 statements have been prepared under the historical cosl convention, ts modified by ihc Tcvaluation of certain assets. The financial statements are prepartd under the going concern basis of accounting. This &8sumes the charitable company will eonlinue to trade for a least 12 months from approval of the financial ststements. A breakeven budget is predicted for at least the next 12 month$. due to the InCred costs across the board. by managing these costs, developing new ser4ices. supporting more people, and Mein8 increasing demand, a long with the level of rcserves held, the Trustees believe the company lo be a going concern. The presentational cUencY of the financial statements is the Pound Sterling 1£). Income All income is included on ihe Siatement of Financial Activities when the Charity is legally entiiled to the income and lh¢ amount can be quantified wilh reasonable accuracy. Income from charitable activities where relaled to performJn¢e ond specifi¢ deliverables are a¢¢oiinied for as the Charity earns the righi 10 ¢onsiderniion by its perfomian¢e. Where income is received in adv¥n¢e of lis recognition il 1$ deferred and included in creditors. Whele entiilemenl o¢¢urs before income bein8 received the incom¢ is a¢¢Ned and in¢luded wiihin debtors. For le8a¢ies, the execulive committee made a policy decision that funds will not be included in Ihe SOFA unlil the legacy has been received. Interest on funds held on deposit is included when receivable and the amount ¢an be reliably measured. ExpeThdityre Liabilities ¢ r¢¢ognis¢d as ¢xpenditur¢ as soon as th¢re is a legal or ¢onstru¢liv¢ obligation ¢ommittin8 the Charity to that expenditure, il is probable that a transfer of eoonomi¢ b¢n¢fils will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cosls related lo the category. Where costs cannoi be directly attributed to particular headings they have been allocated to a¢iivilies on a basis Consistent with the use of resources. Allottion And apportaonrnent of costs Cost allo¢aiion includes an element of judg¢menl Jnd thc Charity has had to considcr the cost bcnefil of dctailed calculations and r¢wrd keeping. To ensure full ¢ost r¢¢overy.on projects th¢ Charity adopts 4 policy of allocating costs to the respective cost hcadings throughout the year. Intangible fixed assets Computer software was initially measured at C05t and is being amortised evenly over its estimaied useful life of ten years. Tangible fixed assels Depreciation is provided at the following annual rales in order to wrile off each asset over ils estimated useful life. Fixtures and fittings Mlnibus 200/0 on cost 250/0 on reducing balance Tangible fixed assets are slated at ¢ost or valuation less accumulated depr¢¢ialion and a¢¢umulat¢d impaim)ent losses. Page )7 ontinued...
DARLINGTON MIND Notes to the Finantial Stgtements - ronlinued for the Year Ended 31 March 2024 ACCOUNTING POLICIES - eontbnued Tangible red assets The properties (excluding Sainl Hildas Hall) are d¢¢med to all hold a residual value of£40,000 in 20 years time from year ending 31 March 2020, therefor¢, the depr¢¢iation will be provided over 20 years on a straighi line from Ihis dale to the residual value. Freehold Property and Leasehold Property include 5UPPOrted housin8 (ex¢luding Saint Hildas Hall). The ¢osl of these properties includes the following.. Cost of a¢quiring land and building5 Developmeni expcndilurc Saint Hildas Hall 15 Stated al valuation, the deprcciation policy for Saint Hildas Hall will be depreciated at 2•/0 on cost until ils residu81 value of £141.000 is reached. All expendiluTe on ilcm5 of fixlures and equipment used for the training. edu¢aiion, ano wolfarc of lenanis and beneficiaries is treated as repairs and renewal expendilure aJ)d written off a$ In¢Yed. The exp¢cicd useful life of such ilems 8r¢ v¢ry short and the exp¢nditure 15 not capitali5ed. T*xation The Charity is exempt from corporation tax QA Its charilable aclivilies. Fund gttounting Unrestricted funds be us¢d in accordance with the charitable objectives al the discretion of th¢ Trnste¢s. Desi8nated funds ¢omprise unrestricted funds thal have been sel aside by the Trustee$ for p•rti¢ular PUTpose$. Restricted funds can only be u$ed for particular resiri¢ied purposes wilhin the objects of the Charity. Resiri¢lions arise when specified by the donor or when funds are raised for particular restricted purposes. Redundllnty btn¢flt$ Redundancy benefits are re¢ognised as a liability and expens¢, following employee consultations and when ihe charity committed to tern)inale the employment of an employe¢. Redundincy ben¢fils are m¢asured using the H[Rc SIAtOry redundancy pay. Hire purchase and leasing comrnilments Renlals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the l¢Js¢. Penslon Costs and other pos¢-relirement benefits The charitable cornphny op¢rates a defined contribution pension s¢hcme. Contributions payable to ihe charitable company's pension scheme are charged to the Stalem¢nl of Finan¢i41 Activities in the period to whi¢h Ih¢y relate. Fbnancial instrnment$ The charity only has ftnanci81 assets and fin4n¢ial liabilities of a kind (hal qualify as basic financial instrum¢nts. Basic finan¢ial instrumen15 are inilially reco8ni5ed al transaction value and subsequently measure at iheir settlcrnenl value. Page 18 continued...
DARLINGTON MIND Notes to tbe Financial Ststemtnts - continued for the Year Ended 31 M rc 2024 CRITICAL ACCOUNTING JUDGEMENfs AND KEY SOURCES OF ESTIMATJON UNCERTAJNTY In the application of the company's accounting policies, the directors are required to make judgemenis, cslimates and assumptions about the carrying amounl of assets and liabilities that are noi readily apparenl from other sources. The estimates and associalcd assumplions 4r¢ based on hisiorical experienc¢ and oiher fa¢tors that are considered to bc relevant. Actual results may differ from these estimates. The e$iimate5 and underlyin8 assumption5 •r¢ rcvi¢wcd on an on8oin8 basis. Revisions lo accounling estimates are recognised in the period to which ihe estimate is revised. where the revision affects only thal period, or in the period of ihe revision and future peTiods where the revision affe¢ts boih currcnl and fuwre periods. DONATIONS ANb LEGACIES 3113124 3113123 Donations Legacies 36,701 32,008 Income from donaiions and legacies in both the cutrenl and prior year relate to unrestricied funds. OTHER TRADING ACTIVITIES 3113124 3113123 FundTgisill8 evcn15 Other in¢orne 56 218 2,218 137 274 2.355 Incorne from other trading a¢tivitics in both the ¢urrtnt and prior year relate lo unrestricted fiinds. INVESTMENT INCOME 3113124 3113123 Deposit account interest 689 Income from invcstmcnl income in both the currenl and prior year relatc to unrestricted funds. Page 19 continued...
DARLINGTON MIND Notes to the Fknn¢il t*tements- tontinued for the Year Ended J MArth 2024 INCOME FROM CHARITABLE ACTIVITIES 3113124 Charilable a¢¢ivilies 3113123 Toial a¢iivilies Housing benefil and renlal income Miscellaneoiis Fees for 5crvices provided Grants 364.674 10.113 111,196 306 593 305,772 5.663 88,861 375 974 792 576 776 270 Income from charitable aclivit1¢5 was £792,576 12023.. £776,270) of which £131,523 (2023.. £187.339) was rcstriclcd and £661,05312023.. £588.931) was unre5tri¢ted. RAISING FUNDS Raising don•ilon$ and lezatle$ 3113124 3113123 Sundries 189 CHARITABLE ACTIVITIES COSTS Support sts (see nolc 9) Direct Costs Totals Charitable activities 743 022 819635 Expenditure on charitable activilies was £819,635 (2023.. £788,662) of which £680,1 $6 (2023-. £621,077) was unrestricted and £139.479 (2023.- £167.585) was resiri¢led. SUPPORT COSTS Gov¢rnan¢e costs Finance Other Totsls Chariiablc activities 357 Page 20 ¢ontinued...
DARLINGTON MIND Notes to the Fin4nci¥l StAtements- tont. for the Y¢#r Ended 31 Morch 2 24 SUPPORT COSTS- ¢ontiDued Support costs. included in the above, are as ft)Ilows.' 3113124 Charitable aciivilies 3113ll3 Totsl aclivities Bank charges Amortisalion of inlanglble fixed assets Wages and salaries Social security Pensions Managcmenl and administration Bad debts Depreciation of tangible fixed assets Interest payable and similar ¢har8es 357 1.369 20,804 ,335 376 23.452 5.414 14,227 161 1.369 18,916 1,205 252 41.924 12.500 14.541 Jo. NET INCOMEI(EXPENDITURE) Ncl in¢omel(¢xpenditurc) is slated after char8ingl(crediting): 3113124 3113123 Depreciation - owned assets Computer software amortisition Auditors, remuneration Ac¢ountèncy services 14.227 1,369 3,500 14.541 1,369 3,250 2,250 TRUSTEES, REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023. Trnstee$' expenses No trusiees, expenses were reimbiirsed for the year ended 31 MAreh 2024 (2023: £461). These were incurred wholly, exclusively and necessarily in perforniance of iheir dulles. 12. STAFF COSTS 3113124 3113123 Wa8¢s ond salaries Redundancy Social security costs Other pension ¢osls 446,024 9,984 21.493 446.166 22.433 482 033 473 501 Page21 ¢ontinued.,.
DARLINGTON MIND Not¢$ t the Fingntigl Siatemenls - continued for the Year Endtd 31 March 2024 12. STAFF COSTS- ¢on¢inued The avcTa8e monthly number of employees during ihc year was as follows: 3113124 36 3113123 32 Charitable activities Management and administration 39 35 There wcre no employees whose emoluments as defiDed for taxation purposes amounted to over £60.000 in the year. 13. COMPARATIVES FOR THE STA TEMENT OF FINANCIAL ACTIVITIES Unreslricled funds Re5triclcd funds Total funds Income and endowment$ from Donations and legacies 38.008 38,008 Ch4ritable gctivities Chwitable a¢iiviti¢s 588,931 187,339 776,270 Oiher trading aclivilies Investmeni income 2,355 689 2,355 689 Total 629 983 187339 817 322 Exptndltur¢ on Raising funds 189 189 Ch•rltsbl¢ ¢tlvl¢l¢$ Charitable activities 621077 167585 788 662 Tot1 621266 167585 788 851 NET INCOME Transfers between funds 8,717 19,754 28,471 Net movement in funds 13,523 14,948 28,471 Retontlll#tlon of fund$ Total funds brought forward 677,922 38,189 716,111 Total funds earried forward 744 582 Page 22 continued...
DARLINGTON MIND Notes to the Financial.Statemfflits- eontinued for ¢he Year Ended 31 Marth 2024 14. INTANGIBLE FIXED ASSETS Computer software COST At l April 2023 and 31 March 2024 AMORTISATION At l April 2023 Charge for year 3,504 At 31 March 2024 NET BOOK VALUE Ai 31 March 2024 Ai 31 March 2023 Is. TANGIBLE FIXED ASSETS FixtUTes and fittin8S Freehold property Long leasehold Minibus Totals COST OR VALUATION At l April 2023 R¢valuo1ions 555.499 135,490 42,340 34,055 767,384 Al 31 March 2024 565 499 135 490 777 384 DEPRECIATION Al l April 2023 Char8¢ for year R¢valuation adjustments 46,728 8,725 5.879 738 34,023 3,628 29,512 1,136 116,142 14.227 32 900) At 31 March 2024 NET BOOK VALUE At 31 March 2024 542 946 128 873 679915 Ai 31 March 2023 508 771 129611 8.317 651.242 Freehold Property St Hilda's Hall was valued in July 2024 by Carvers Group. Chartered Surveyors based on an open market value. If Freehold Propety and Leasehold Property had not been revalued it would have been included ai the historical Net Book Value of £712.356 {2023: £725.226). Po8e 23 continued...
DARLINGTON MIND IY te$ lo tht'Financi&il St*lements - continued for the Ytar Ended 31 March 2024 16. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 3113124 3113r23 Trade debtors her debtOT5 Prepayments and a¢cNed income 10,024 1,992 10,526 512 17. CREDITORS: AMOUNTS FALLING DUE WITHI]4 ONE YEAR 3113124 3113123 Bank loan5 and ovcrdrafts (sec notc 19) Trade creditors Social security and other laxes Other credilor5 A¢¢rued expenses 8,852 49.076 6.022 1,488 7,478 13.910 5.843 12,997 18. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR 3113124 3113123 Bank loans (see note 19) 118297 127085 19. LOANS An analysis of ihe maturity of loans is given below: 3113124 3113123 Amounts falling due within one year on demand.. Bankloons Amounts f•lling between one •nd two years: Bank loans 852 Amounts falling due between two and five years: Bank loans Amount5 falling due in morc than fjve years.. Repiyable by instslments: Bank loans 76,687 88.037 Page 24 continued...
DARLIIYGTON MI]VD Notes to the FinAlktial Statements - tontinDed ror the Year Ended 31 Mgrch 2024 20. LEASING AGREEMENTS Minimum lease payments under non-cancellable opcnting leases fall due as follows: 3113124 3113123 Within one year Belween one and fiv¢ years 12.449 19,363 21. SECURED DEBTS The following secured debts are included within credilors.. 31n124 3113123 Bank loans 127 149 134 563 Bank loans are k¢ur¢d by a legal char8¢ againsl Saint Hildas Hall. 8 Falstaff Coiirt, 80 Borough Road and all assets of the company, Interest on the loan balance is charged at 60/•. 22. ACCRUALS AND DEFERRED INCOME Deferred income compris¢$ of amounts funders h•v¢ paid D4Tlinston Mind in advance for work Ihat either had not yet started or WAS intended for future years. This includes: 3113124 3113123 Balance as al I st April Amounis released to income Amounts deferred 69,683 (49.683) 115,782 {95,782) Balance as at 31 st March 23. ANALYSIS OF NET ASSETS BETWEEN FUNDS 3113124 Tolal funds 3113123 Tolal funds Unrc5trictcd fvnds Restrictcd funds Fixcd assets Current assets CuTrent liabililics Long tern) liabilities Accruals and deferred income 688.734 314.651 (72.538) (118,297) 48 534) 688.734 346.838 {72.538) {118,297) 46 550) 661.430 328.707 (48.787) (127,085) 69 683) 32,187 764016 798 187 744 582 Page 25 continued...
DARLINGTON MIND Note5 to the Financial Statements- continu for the Year Ended 31 M4rch 2024 24. MOVEMENT IN FUNDS Nel movement in ndS Transfers bett¥een funds At 3113124 At 114123 Unrestricted ndS General funds Designated funds 377,558 313 887 61,561 (25.979} 413.140 350 876 691.445 61,561 11,010 764,010 Rts¢ricted funds North Yorkshire County Council - Suicide Prevention Darlingion Educaiion Tnjsl Durham County Council - CREW Children in Nc¢d North Yorkshire County Council - Mind matters Darlinglon Borou8h Council Bereavernent cOP Resilience Programme Darlinglon Borough Coun¢il - Carers breaks 6.234 20,848 1,080 2.484 (6,234) (8,943) 7.485 (2,2 i 2) 11,905 8.564 272 12.734 . 169 12.902 3,333 5,897 (3.333) (1,121) {4,776) 527 527 53.137 li oio) TOTAL FUNDS 744.582 798 187 Nct movement in funds, included in thc abovc OTt a5 follows.. Incoming resources Resources expended Gains and losses Movemenl in funds Unrestricted fund$ G¢n¢ral funds 700,555 1681,894) 42,900 61.561 Restrle¢ed fund$ Darlington Education Trust Durham County Coun¢il - CREW Children in Need North Yorkshire County Council - Mind matters Darlington Borough Council - Bereavement Co-op Reslllettee Programrne County Durham Community Foundotion ICDCF)- NHS Improvement Fund National Lottery Community Fund 39,001 i 0,000 10,340 (47.944} (2,516) {12.552) (8.943) 7,484 (2.212) 58,034 (57,865) 169 1.667 (5,0(10) (1,121) (3.333) (1,121) 9,000 {9,000) 131523 139479 TOTAL FUNDS 832 078 821373) Page 26 continued...
DARLINGTON MJND tes to the Finantlgl Statements- tonlinued for the Year Ended 31 March 2024 24. MOVEMENT IN FUNDS - continued Comparatives for movemtnl in funds Net movem¢nt in funds Tran$f¢rs between funds At 3113123 At 114122 Unrestricted funds General funds Designaied funds 357,465 320,457 8.717 11.376 6,570) 377,558 313 887 677,922 8.717 4.806 691.445 Restricted funds NHS County Durham Clinical Commissiong Group- Suicide PTevention Darlinglon Borough Council - Suicide Prcvention North YorkshiTe County Council - Suicide Pr¢v¢nlion Darlinglon Education Trust Domestic abus¢ Durham County Council- CREW Children in Need North Yorkshire County Council - Mind matters £ l O eounselling Private counselling Sale of courses Darlinglon Borough Council - Bereavement Cowop Re5ilien¢e Programrnc DarlinOn Borough Council - Carers breaks 1.904 (1,904) {521) 521 1,754 6,225 4.480 14,623 (668) 1,080 2,488 6.234 20,848 668 1,080 2,484 (4) 17,881 2,572 (5,147) 428 667 12.734 (3.000) (667) (420) 420 3.333 (1.009) 3.333 5.897 6,906 527 527 TOTAL FUNDS 716 111 Pa8e 27 continued...
DARLINGTON MIND Notes to the Financial Staten)enls- tontinued for the Year Ended 31 March 2024 24. MOVEMENT IN FUNDS - eontlnu¢d Comparative net movement in funds. included in the above ar¢ as follows.. Incoming resources Resources expended Movement in fiinds Unrestricted funds General fund5 629 983 621266) 629,983 1621,266) 8,717 Restricted funds Darlington Borough Council - Suicide PrcventioD North Yorkshire County Council - Suicide Prevention Darlinglon Educaiion Trust Domestic abiise Durham County Council - CREW ChildTen in Need North Yorkshire County Council - Mind matters £10 ¢ouns¢llin Private ¢ounselling Darlington Borough Council - Bereavemenl Covop Resilience Programme County Durham Community Foundation (CDCF) - NHS Improvement Fund (521) (521) 5,000 38,000 (520) (23,377) (668) (3,920) (29,301) 4,480 14,623 (668) 1,080 2,488 5,QOO 31,789 80,307 3.720 1.520 (85,454) (3,292) (853) (5.147) 428 667 3,333 9,670 3,333 (1,009) (10,6791 187 339 167 585) TOTAL FUNDS 817322 788 851) Unreslricted funds General fund Funds ir¢ available for use ai the discretion of the Truslee lo further any of the Chvity's purpo$. Design4led fund$ Funds eamarked by the Truslecs for particular future projeds or commitments. trieted fund Funds are subjected to restrictions on iheir expenditure as declared by the donor. County Durham Community Found4¢ion To improv¢ mental and physical health in Darlington, (CDCF)- NHS Improvement Fund NHS County Durham Clini¢*l To provide a rapid response 5UPPOrt lo service users Commissioning Group- Suicide Prevention experiencing suicidal thoughts. promote wellbeing and to reduce sui¢idal thoughts and intent. To provide support to improve menial health wtllbeing. Darlington Borough Council - Suicide Prevention North Yorkshire County Council - Suicide To pmvide • suicide prevention programme. Prevention Darlington Educ4tlOD Tru81 (DET) To provide mental health support in Schools. Page 28 Continued...
DARLINGTON MIND Notes to the Financial tgternents- CODtinued for the Year Ended 31 March 2024 24. MOVEMENT IN FUNDS - continued Dome1¢ Abuse Durham County CDun¢ll- CREW To provide support to impTove ment31 health wellbeing. To d¢livcT a seri¢s of self-help ¢oursts and raise awareness of the service. To improve menthl wellbeing, reduce levels of self-harni and increasing social action for children and young people at risk of self-hamiing. To provide community based adults mcntsl health support. Children in Need - Young Person North Yorkshlre County Countil -mind matters £10 counselling Priv4¢e counselling Darlington Borough Council - Bereavement Co-op Resilience Prngrmme Dgrlington Borough Council - Cr¢rs Break funding National Lottery Communlty Fund To improve mentsl healih. To impTOVC mental health. To provide postvention support and provide on80ing implementation and developmcnt of in¢lusive pathways. To be mental hulih ¢hampions. To provide a range of flexible and p¢rsonali$ed ways of enabling carers lo take a break from their caring role. To deliver a s¢rics of courses lo help building children & young peoples emotional re5ilicnce, Tran$fers b¢tw¢en funds Transfers from the un-restrict¢d fund to restrict¢d fvnds o¢¢urred in order to maintain the level of restricted funds held within thc Charitable Company. 25. RELATED PARTY DISCLOSURES During the prior year rent was paid io P Frei118 MBE. a fonner Trustee, in the sum of £1,700. This property fonns part of our portfolio for Supponed Hou5in8 SeTvi¢es and 15 currently lel lo a service user. They key m8nagemenl personnel of the Charity Gomprise of Ihe Trusiees and th¢ Senior Leadership Team. The lotal employee benefits of the key managemeni personnel of the Charity were £76,976 (2023.. £53,646). Page 29