REGISTERED COMPANY NiiMBER: 04666301 (England and Wales) REGISTERED CHARITY NUMBER: 1096880 REPORT OF THE TRUSTEES AND UNAUDITED FINANCJAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 FOR AMSER I SIARAD LTD williomsdenton
AMSER I SIARAD LTD CONTENTS OF THE FINANCIAL sTATEMETrs FOR THE YEAR ENDED 31 MARCH 2024 P2ge Report of the Trustees Independent Examiner's Report Statement of Finineill Activities Balance Sheet 7 to 8 Notes to the FlnanelAI StAt¢ment$ 9 to 15
AMSER I SIARAD LTD REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 The trnstees who are a150 directors of the charity for the pUoSeS of the Companies Act 2006, present thetr report with the financial statements of the chatity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: stament of Recommended Practice applicable to charities preparlng their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102) (effeclive l January 2019). Cbange of name The charity Changed its name from Ynys Mon and Gwynedd Mind Ltd to Amser I Siarad Ltd on 8 October 2021. ORIECTIVES AND ACTIVITIES Objective8 and aims Amser I Siarad provides grass roots support for adults and young people experiencing mental h¢alth problem5 from the heart of their community. It's main focus of delivery takes an anti-stigma approach- and 50 all services operate from everyday settings and support both adults and young people to take control of their illnesses and lives for thernselves. Amser I Siarad also works from a trauma infornied perspective which is reflected throughout the organisation. Amser I Siarad aims to tsckle the stigma and discrimination in the wider community through a variety of innovative project4 training, and styles of service delivery. They aim to create a community whereby people with mental health problems can tau( openly without a fear of rejedion and discrimination. The charity takes a population approach to all they do and promotes good mental health and wellbeing for all. Amser I Siarad also provide5 a compTehensive range of key mental health training with the aim of skilling up the local population to be more ready. aware. and confident to support a colleague or friend who May be struggling. Public benefit The charity was set up with the aim of supporting local people who may be experiencing a mental health problem and to work in ways that ta¢kle stigma and discrimination for people with mental health Problems and the general public alike. The trustees have paid due regard to the Charity Commission's guidance on public benefit in deciding the activities undertaken during the year. The trustees are satisfied that the infonnatioll Provided in the report and accounts meets the public benefit reporting requirements. Page I
AMSER I SIARAD LTD REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 ACHIEVEMENT AND PERFORMANCE Charitable Activities - How our actisqtie5 deliver publie benefits This year saw the charity support and serve 2244 people aCsS the counties of Anglesey 8nd Gwynedd. This year we: l) Continued the succe55ful delivery of our COmTT)unity b&8ed ATnser J SiaradlTiTne to Ta]k one-tfrone service from Holybead to Dolgellau for both adults. children. and young ppIt. 2) Continued the successful delivery of our Amser I Siaradrrime to Talk one-to-one service for children and young people within the schools and colleges. 3) Continued the successful delivery of our Cognitive Behavioural Therdpy {CB T) focused self-management groups within the community for adults, children and young people. 4) Continued the Successful delivery of our Cognilive Behavioural Therdpy (CBT) focused self-managernent groups within the further education colleges for children and young people. 5) Continued Peer Support groups in the community for adults, d]ildren, and young people. 6) Continued to be a key partner witbin the Parabl ialking treatments service for North Wales. 7) Delivered key Mental Health trainings such as Youth and Adult Mental Health First Aid and ASSIST the Tecognised gold standard in suicide intervention skills training within our comTnunity. We continued to work flexibly offering service5 face-tfaCe, over the phone, via video link, and ixith in and out of hours. Once more, we express gratitude to all the people who have fundraised for us in OUT community and donated to us. We 5irnply could not continue to deliver the work we do without their efforts. All the monies received goes into our front-line services and sUPPOrts us to meet any funding gaps that might arise. Thank you to all the grant Providers who have funded the work over the year whi¢h in¢lude$ Childffn in Need BCUHB, Parabl and Lottery. FINANCIAL REVIEW Financlal position The charity had unrestricted reseryes of £157J58 and restricted serVeS of £74,462 as at 31 March 2024 (31 March 2023 unrestricted £157.372 1 restricted £7,094) The accounts for the year ended 31 March 2024 show a surplus of £67,354 (2023.. deficit of £21,052). Principal funding sources The main funders during the year were BCUHB, Children in Need and the lottery. Donations and fundraising The charity relie5 on donations and community fundraising. Only donations that are given directly to Amser I Siarad will go into our local services. Reserves policy The charity recognise5 and accepts Tts responsibilities as a charity. limited company and employer to protect the fanCIal viability and continuation of the organisation. In ac¢ordance with good pra¢tiG¢ (e.g. Charity Commission ) it is agreed that monies are allocated lowards a reserve. The pury)ose of maintaining adequate re5erve5 IS". - To ensure cash flow (e.g. cover delays in revenue fimding). To cover UT]foreseen circumstsnces. To provide the opportunity to attractlidentify aheTnative funding should existing funds be subject to cutbacks. To ensure that should fidIng Cease, the organisation would be able to fulftl all of its fmancial and legal obligations when winding up. The level of the reserve will be reviewed annually by the Board. Unless and until otherwise agreed the organisation will maintain a minimum reserve equivalent to the current six months running costs of the organisation and endeavour to increase this amount to the equivalent of nine months running costs. Page 2
AMSER I SIARAD LTD REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 FUTURE PLANS W¢ are focusing on securing our current pvIsion whilst developing family focused services thai meet needs at different stages of people's life's and that focus on supp)rting parents in need. We are also looking to develop a support for those with higher needs, and will also be focused on expanding our training provision moving forward. STRUCTURE. GOVERNAIYCE AND MANAGEMENT Governing document The charity is controlled by its governing document. its Memorandum and Articles of Associalion, and constitutes a limited company. limited by guarantee, as defined by the Companies Act 2006. Reeruithient and appointment of neiv trustees Following a comprehensive skills audit to identify those required by the organisation SuOnding govemance, an advert is placed tsrgeting specific skills required alongstde a comprehensive understanding of governance. TSlee5 can also be idenlified via word of mouth. Inleresled parties are invited to fftll in an application form and demonstrate their suithbility. Prospeclive trustees will be called to interview. SU$$fUl candidates will then undergo induction training and are invited to three board meetings. Jf they demonstratr th¢ required skills, comprehensive undetanding of governance and mMItMent to the organisalion iheir appointment will be dlscussed by the board and voted upon. They will be fornially appointed at an AGM. Organisation#l $trueture The trustees are responsible for ensuring the organisation 6Jifils its mission statement and leads on tts strdlegic directton. The operational responsThi ility is delegaled to ihc Chief Officer of the organisation. Induction and training of new Irustees New trustees ¢¢ive an Induction pack and are provided with copies of all poli¢ies, procedures. the governing documents and other relevant material. There is an expectation they will commit 10 the indu¢lion tratning programme which is mandatory to complete. Specific training needs are identified. All trustees have ongoing trnining on their leS and responsibilities. REFERENCE AIYD ADMINISTRATIVE DETAIIS Registered Company number 04666301 (England and Wal¢s) Registered Ch*rity number 1096880 Registered offite Uned 5 Galeri Victoria Doc Caernarfon Gwynedd LL55 ISQ Trustees L Chant {s]gned 22.1.24) ESFisk H M Forshaw WTLove R Wilton (appointed 22.1.24) Company Secretary C M Bailey Page 3
AMSER I SIARAD LTD REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024 REFERENCE AND ADMINISTRATIVE DETAIIS Independent Ex8miner Owain Ap Elfed FCCA Williams Denton Cyf Chartered C¢rtifE¢d A¢wuntants Glaslyn Ffordd y Pa Parc Menai Bangor Gwynedd LL57 4FE This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. IX/i& IZCZI Approved by order of the board of trustees on ............................................. and signed on its behalf by: E S Fisk - Trustee Page 4
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF AMSER I SIARAD LTD Independent examiner's report to the trustees of Amser I Siarnd Ltd ('the Company,) I report to the charity trustees on my examination of the accounts ofthe Company for the year ended 31 March 2024. Responsibilities and basis of report As the charity'5 trustees of the Company (and also its dlrectors for the purposes of company law) you are r¢s)nSible for the preparation of the acwunts in ac<ordance with the r¢quirements of the CompaTties Act 2006 ('the 2006 Act). Having Satisfied myself that the accounts of the Company are not required to b¢ audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's account5 as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act,). In canying out my examination I have followed the Directions given by the Charity Commission under SectTon 145(5) (b) of the 2011 Act. Independent examiner'$ ststsment I have completed my examination. I confm that no matters have com¢ to my attention in connection with the examination giving me Cause to believe.. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Aet. or the account5 do not accord with those records. or the arcount5 do nol comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or the accounts have not been prepared in accordance with the methods and principles of the Ststement of Recommended Practice for accounting and Teporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the ifK and Republic of Ireland (FRS 102)). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of th¢ accounts to be reached. Owain Ap Elfed FCCA Williams Denlon Cyf Chartered Certified Accountants Glaslyn Ffordd y Parc Parc Menai Bangor Gwynedd LL57 4FE Date: ........ Page 5
AMSER I SIARAD LTD STATEMENf OF FIIYAIYCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2024 2024 Totsl funds 2023 Total funds Unrestricted fund Restricted funds Notes INCOME AND ENDOWMEIYTS FROM Donations and legacies 3073 50,001 53,874 7.629 Charitable aetivities Mental health services 43,450 54,079 97.529 69.953 Investment income 616 Total 50J29 EXPENDITURE ON CharStsble 4rtivities Mentsl health services SOJ44 36,711 87,055 NET INCOME/{EXPENDITURE) (15) 67J09 67?54 (21,052) RECONCILIA TION OF FUNDS Total funds brought forward 157a72 7,094 164,466 185,518 TOTAL FUNDS CARRIED FORWARD 157 231 The notes forni part of these financial statements Page 6
AMSER I SIAIL4D LTD BALANCE SHEET 31 MARCH 2024 2024 Total funds 2023 Total funds UnKstricted fimd Rcstricted funds Notes FIXED ASSETS Tangible assets 766 766 1,065 CURRENT ASSETS tkbiors Cash at bank and in hand 12 650 166 842 158,737 72,741 158,737 72,741 231,478 167,492 CREDITORS Amounts falling due within one year 13 {424) (424) (4,091) NET CURRENf ASSETS 158 231,OS4 163.401 TOTAL ASSETS LESS CURRENT LIABILITIES 159,079 72,741 231,820 164,466 NET ASSETS 159.079 72,741 231,820 164.466 FUNDS Unrestricted fimds Restri¢t¢d funds 14 157J58 157,372 TOTAL FUNDS 231.820 164,466 The charitable company is entitled io exemption from audit under Section 477 of the Companies Aci 2006 frir the ye ended 31 March 2024. The members have not required the Company lo obtain an audit of its fInancial statements for the y&qr ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006. Th¢ trustees acknowledge their responsibilitie5 for (a) ensuring that the charitable company keeps accounting records that comply with Se¢tions 386 and 387 of the Companies Act 2006 and pr¢p&ing financial statements which give a true and fair view oflhe state of affairs of the charitable company as at the end of each financial year and of its sUlUS or deficit for each fjnancial year in CordanCe wilh ihe requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial staternents, so far as applicable lo the charitable company. (b) The notes fonn part of these financial statements Page 7 continu¢d...
AMSER I SIAIL4D LTD BALANCE SHEET- continued 31 MARCH 2024 These financial statements have been prcpwed in accordance with the provisions applicable to charitable companies subject to the small companies regime. The fmancial staternents were approved by the Board of Trustees and authorised for issue on il./.iTr..l.k.p.VW...... and were signed on its behalf by: E S Fisk - Trustee W T Love - Trustee The note5 forrn part of these financial statements Page 8
AMSER I SIARAD LTD NOTES TO THE FINANCIAL STA TEMENTS FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTJNG POLICIES Basis of preparlng the financial ststements The financial statements of the charitable company, which is a public benefit eniity under FRS 102, have been prepared in accordance with the Charitles SORP (FRS 102) 'Ac¢ounting and Reporting by Charities.. Statement of Recommended Practice applicable to chaTities preparing their accounts in accordance with the Financial Reporting Stsndard applicable in the UK and Republic of Ireland {FRS 102) (effe¢tive l January 2019),, Flnancial Rewrting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The financial statements have been pr¢pared under the historical cost convention. The accounts are prepared on a going con¢em basis and there are no material uncertainties about the charity's ability to continue. Ineome In¢ome from grants. contrdcts and fees.. including capital grants and oiheT income. is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably except for.. When it is specified that income from grants and cont17Cts received by the charitable company are to be used in futyre periods, then ihe income is deferyed until that period. When Conditions are imposed which have to be fulfilled before the charitable company be¢omes entitled to use such income, the income is deferred and not included in incoming resources until the pr¢-conditions for use have been met. When specified, income Including capital grants, is for a particular restricted purpose, which does not amount to pre-¢onditions regarding entitlemenL this income is included in incoming resources of restricted funds when receivable. Donations are re¢ognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of perfonnance before the charity is entitled to the funds, th¢ income is deferred and not recognlsed until those condttions are met. Interest on funds held on deposit or loans provided is in¢luded when receivable and the amount can be measured reliably by the charity. this is noTmally upon notification of the interest paid OT payable. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligatlon ¢ommitting the charity to that expenditu, it is probable that a transfer of economic benefits will be required in settleMlt and the amount of the obligation can be measured reliably. Expenditure AS accounted for on an ac¢ruals basis and has been classified under headings that aggregale all Cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated io activities on a basis consistent with the use of resources. Tangible fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Computer equipment 33Q/o on cost Tydxation The charity is exempt from corporation tax on its charitable activities. Fund 8CCOllllting Unrestricted funds can be used in accordance with the Charrtable obje¢tive5 at the dlscretion of the trustees. Page 9 continued...
AMSER I SIARAD LTD NOTES TO THE FINANCIAL ATEMENTS- Continued FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIES- continued Fund aceounting Restricted funds can only be used for particular restrAed poSeS within the objects of the charity. R¢strictions arise when sIfIed by the donor or when funds are raised for particular restricted purposes. Further explanation of th¢ nature and purpose of each fund is included in the notes to the financial statements. Pension costs aDd other posl-retirement benefits The charitsble ¢ompany operates a defined contrlbution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activiti¢s in the period to which they relate. DONATIONS AND LEGACIES 2024 2023 Lxinations Gift aid 52,547 7,629 53 INVESTMENf INCOME 2024 2023 Bank interest 616 INCOME FROM CHAIUTABLE AcfiviTIES 2024 2023 Activity Mental health services Mental health services Mentsl health services Grants Training Pardbl 79,035 2,470 15,424 50,748 2,925 Grdnts received, included in the above, are as follows: 2024 2023 25,556 19,926 34.153 25.055 Big IA)ttery Children in need 50.748 Page 10 LX)ntinued...
AMSER I SIARAD LTD NOTES TO THE FINANCIAL STATF.MENTS - continued FOR THE YEAR ENDED 31 MARCH 2024 SUPPORT COSTS Governance osts Finance Totals Mental health services 99 5,077 5,176 NET INCOLW(EXPENDITURE) Net income/(expenditure) is stated after chargIn(Crediting). 2024 2023 Depreciation- owned assets 650 1.947 INDEPENDENT EXAMINERS, REMUNERATION 2024 2023 Independent examiner - independent examination Independent examiner- other services 2232 2,130 4,897 4,608 TRUSTEES, REl[uNERATIoN 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. Trustees, expenses 2024 2023 Trustees, expenses Trustee expenses of £8.1 O were paid to one trnstee during the year (2023: £9) relating to travel costs. STAFF COSTS 2024 2023 Wages and salaries Social security ¢05ts Other pension costs $3,745 60,234 240 The average monthly number of employees during the year was as follows." Direct charitable work Manager 2024 2023 Pagell ontinu¢d...
AMSER I SIARAD LTD NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ETr4DED 31 MARCH 2024 STAFF COSTS- Continued No employees received emolwnents in excess of £60,000. The charity considers its key management personnel CQTnprise of the Manager. Total emoluments. including employer pension contributions, of the key management personnel were £35,801 (2023 - £40.605). io. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestri¢ted fund Restri¢ted funds Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 7,629 7,629 Charitsble aetivitie5 Mental health services 44,260 25,693 69,953 Investment income 616 616 Total 52,505 78,198 EXPENDITURE ON Charitable activities Mental health services 56.896 42,354 99,250 NET INCOMEI(EXPENDITURE) Transfers between funds (4,391) {16,661) {21,052) Net movement in fund$ (6,111) {14,941) (21.052) RECOIYCILJATJON OF FUIYDS Total fund5 brought forward 163.483 22.035 185.518 TOTAL FUNDS CARRIED FORWARD 157.372 7,094 164,466 Page 12 continued...
AMSER I SJARAD LTD NOTES TO THE FINANCIAL STATEMENTS - eontinued FOR TIIL YEAR ENDED 31 MARCH 2024 ii. TANGIBLE FIXED A&SETS Computer equipment COST At l April 2023 Additions 7939 351 At 31 March 2024 DEPRECIATION At l April 2023 Charge foryear 6074 650 At 31 March 2024 NET BOOK VALII At 31 Mar¢h 2024 766 Ai 31 March 2023 1.065 12. DEFfoRS: AMOUNTS FALLING DUE WTHIN ONE YEAR 2024 2023 Trade debtors 650 13. CREDITORS.. AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade ¢reditors So¢ial se¢urity and other taxes OtheT creditors Accruals 78 335 li 3,620 460 424 4.091 Page 13 continued...
AMSER I SIARAD LTD NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024 14. MOVEMEIYT IIY FUNDS Net movement in funds At 31.3.24 At 1.4.23 UnrestTlCted funds General fund 157J72 (14) IS7J58 Restri¢ted funds Children in need Mind IT Awards for All (Gwynedd Council) Time to Talk 6,103 991 (558) S545 991 17,926 17,926 7,094 67,368 74,462 TOTAL FUNDS 67 231 54 a20 Net movemenl in fund& included in the above are as follows: Incoming resources Resources expend Movement in funds Unrestrithd fynds General fijnd 50?29 {SOJ43) (14) Restricted funds Children in need Awards for All (Gwynedd Council) Time to Talk 34,154 19,926 50.0 (34,712) (2,0(MJ) (558) 17,926 67J68 TOTAL FUNDS 154,409 87,055 67J54 Page 14 ntinued...
AMSER I SIARAD LTD NOTES TO THE FINANCIAL STATEMENTS - continued FOR THF. YEAR ENDED 31 MARCH 2024 14. MOVEMENT IIY FUI¥4DS - contillued Comparatives for movement in funds Net movement in funds Transfers belween funds At 31.3.23 At 1.4.22 Unrestricted funds General fund 163,483 (4,391) (1,720) 157,372 Restricted funds Children in need Mind IT Award5 for All (Gwynedd Council) 18,410 2,354 (12.307) (1.363) 2.991) 6.103 991 22.035 16,661) 7,094 TOTAL FUNDS 185 518 21052) 164,466 Comparative net movement in funds. included in the above are as follows.. Inwming resources Resources expended Movement in funds Unrestricted funds General fund 52,505 (56,896) {4.391) Restrieted funds Children in need Mind IT Awards for All (Gwynedd Council) 25,693 (38,000) (1,363} (12,307) {1,363) 25,693 42,354 16,661 TOTAL FUNDS 99.250} 21.052) Children in need Funding lo provide CBT based self-management groups for young people within ¢olleges and for l-l support in the colleg¢s and community. Mind IT Funding for IT related equipment. Awards for All GCC Funding for recovery workers and l- I service for people with Itarnlng difficulty and rnentsl health. Time to Talk Funding to be spent on advocacy related setvices for over 18 and residing within the Gwyn¢dd and Ynys Mon areas and advancement of education of the public about mental health and related issues. 15. RELATED PARTY DISCLOSURES There were no related party trdnsactions for the year ended 31 Marcb 2024. Page 15 continued...