2023-03-31-accounts - North Kent Mind

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ONTENTS
		Page
Reference and administrative	details ofthe charity, its Trustees. and advisors
Trustees' report and Statement	ofTrustees' responsibilities
Independent Auditors mport
Statement ofFinancial Activities
Balance Sheet		14
Statement ofCash Flows		15
Notes tothe Financial Statements		16

						As nmtafed
			2023	2023	2023	2022
			Vnrestrfcted	Rastrfcfed	Totalfunds	Tatsl funds
			funds	funds
		Notes	6		5
INCOME FROM:
Donations		3	82,081		82,081	138,235
Investments		4	4,424		4,424
Charitable acbvities		6	2,911,518	277,649	3,189,167	2,807,208
TOTAL			2,996,023	277,649	3,275,672	2,745,543
EXPENDITURE	ON:
Fundraising			4,934		4,934
Charikbk activities		6	2,899,690	310,086	3,209,776	2,519,868
Interest payable			149			193
TOTAL			2,904,773	310,0SS	3,214,859	2,52D,061
NET INCOME		9	93,250	(32,437)	60,813	225,482
Transfer between funds		14	3,120	(3,120)
Net movement	in funds		96,370	(35,557)	60,813	225,482
Total funds brought forward			1,150,064	89,173	1,239237	1.013,755
Total funds carried forward		14	1,246/34	53,616	1,300,050	1,239,237

						As rsetaterf
				2023		2022
				6
Fixed assets
Tangible fixed assets			10		6,151
Current assets
Debtors			11	772,231		656,701
Cash at bank and in		hand		768,804		832,730
				1,541,035		1,489,431
Liabilities
Creditors: amounts	falling dus within one year		12	(244,984)		(245,110)
Net current assets					1,296,051	1,244,321
Total assets lees cunent liabilities					1,302,202	1,244,321
Creditorsi amounts		faglng due after	13		(2,152)	(5,084)
more than one year
Total net aassls					1,300,060	1,239,237
The funds ofthe charity
Unrestricted funds					1,246,434	1,150,064
Restricted funds					53,616	89,173
Total charity funds			14		1,300,060	1,239,237

							2023	2022
								As restated
Cash flows from operating	actlvlgea:
Net cash generated by operating			activities			A	(60,316)	137,384
Cash flows from invesgng	activities:
Interest received							4,424	100
Pumhase ofassets							(8,034)
Change ln cash and cash	equivalents			in	the year		(63,928)	137,484
Cash and cash equivalents	atthe		beginning		ofthe year		832,730	695,246
Cash and cash equivalents	st	the end		of	the year		708,804	832,730
Represented by:
Cash at bank and in hand							768,804	832,730
A. Reconciliation of net income			to net	cash flow fmm operating		activities
Net income for the year							60,813	225,482
Asper the Sratemenr ofFinancial			Activities
Ad)ustmsnts for:
(Increase) Idecrease in debtors							(115,530)	(187,489)
(Decrease)/Increase in creditors							(3,058)	99,470
Interest receivable							(4,424)	(100)
Disposal ofsubsidiary								1
Depreciation							1,883
							(121,129)	{88,098)
Net cash provided by operati	ng	activities					, )5)	19,$I4

rate used is a key source ofestimation uncertaint the scheme provider as set out in note 16.	y a	nd the charitable	company has adopted th	e rate advised by
Donations and legacies			2023f	2022 E
Grants snd Donations			82,081	103,235
Legacies				35,000
			ez,oem'	1St,235
The compsragve figure indudes 880,000ofrestriichd		income.
Investment income
Bank interest receivable			4,424	100
The comparative figure indorse FNil ofrestricted	income.

		2023	2022
Housing Services		464,000	317,216
Well*eing Service Fee Paying Services Employment Services		391,576 57,344 414,553	225,532 45,580 374,796
NHS Psycholagical Tmineas	Therapies	1,270,599 314,394	1,076,095 324,853
Children and Young	Persons	276,701	243,134
		3,189,167	2,607,208

Expenditure on charitable acSvltles	Expenditure on charitable acSvltles
Summary by fund type		2023	2023	2023	2022
		Dlmct	Supportf	Total 6	Total 6
Housing Services		294,443	81,455	375,898	267.074
Well-being Service Fee Paying Services		350,136 38,001	96,862 10,513	448,996 48,514	231,983 45,518
Employment Services		353,662	97,837	451,499	401,039
NHS Psychofogeal Trabess	Therapies	1,013,598 177,041	280,401 48,977	1,293,999 226,018	1,045,553 342.953
Children snd Young	Persons	280,704	77,854	358,358	185,748
Small Projects		6,652	1,840	8,492
		2,514,237	695,539	3,209,776	2,519,866

Praject casts	61,683
Computer costs	38,554	45,810
Voluntesm	1,300	279
Rent	18,011	19,442
Repaim and maintenance	6,243	16,889
Telephone	1,810	1,297
Other office costs	56,837	22,072
Travel coals Therapist coals	6,236 123,119	9,524 115,864
Management fees	31,293
Wages and Salaries Bad debt expense	2,169,151	1,642,219 3,238
	2,514,237	1,876,834

Expenditure on char	itable sc8vit	fes	- continued
Support costs				2023
				6
Rant				56,114	63,220
Light and heat				30,354	16,997
Repairs and maintenance				15,030	5,196
Depreciation				1,883
Small items ofoffice equipment				17,920	25,638
Insurance				10,114	14,145
Legal end professional				18,447	13,561
Telephone				35,962	39,242
printing, postage and	stationery			12,152	19,697
Dam puler crwts				14,251	18,885
Other office casts				38,965	41,697
Training				16,269	11,213
Travel cosh				257	42
Recruitment				7,867	9,983
Wages snd salaries				403,529	353,659
Trustee expenses				1,895
Auditor's remuneration				3,550	3,550
Auditor's remuneration	for accountancy		services	4,550	6,509
Auditor's mmuneration	for accountancy		services - relating to the prior year	6,430
				695,539
Staffcosts
Wages snd salaries				2,318,195	1,831,702
Social secuTty costs				195,230	144,853
Pension costs				59,252	19,323
				2,572,680	1,995,878
The average number	ofemployees	during the year isas I'ollows:
Housing Services				17	12
Wellbeing				21	8
Fee Paying Services				1	1
Employment Services				g	12
IAPT				26	36
Central Management				25	18
Children and Young Persons				14	8
				113

8	Irdarest and finance	casts payabia	casts payabia			2023	2022f
	Pension scheme interest expense					149	193
9	Net income
							2022
							8
	This is stated alter charging:
	Auditor's remuneration		for audit services			3,550	3,550
	AuditoVs remuneration		for accountancy	services		4,550	6,509
	Auditor's remuneratlan		for aocountancy	services - relating to lha prior year		6.430
	Pension costs				Note 7	59,252	19,323
	Operating lease rentals					44,886	40,108
10	Tangible fixed assets
						Flxtuma,
					Motor	fitbngs 6
					vehicles	equipment	Total
					8
	Coat orvaluation
	At 1 April 2022
	Additions				6,00D		8,034
	At 31 March 2023				6,000	2,034	8,034
	Depreciation
	At 1 April 2022
	Charge for the year				1,375	508	1,683
	At 31 March 2023				1,375		1,683
	Net book value
	At 31 March 2022
	At 31 March 2023				4,625	1,526	8,151
11	Debtors
						2023
						2
	Fees for seivlcss					323,371	224,745
	Prepayments and accrued income					448.860	431,956
						772,231	656,701
12	Creditors: amounts	falling due within		one year
							As rasaifed
						2023	2022
						6	8
	Amounts due to suppllem					66,228	65,495
	Other' creditors					53,707	40,814
	Deferred income					122,178	136,0D6
	Multi-employer pension		scheme deficit contributuiioas		(Nore 16)	2,871	2,795
						244,984	245,110

13	Creditors: amounts	fatgng due within one year (continued)	fatgng due within one year (continued)
					As restated
				2023f	2022
	Deferred income included above:
	Incoming msources	deferred in the previous period		136,006	33,723
	Released to the Statement ofFinancial Activities			( 136,006)	( 33,723)
	Incoming resources	deferred in the current period		122,178	136,006
	Carried forward			122,178	136,006
	All defened income	relates to contract income received	in advance.
14	Creditors: amounts	falling due after mora than one	year
	Multi-employer pension scheme deficit contributions		(Note 16)	2,152	5,084

Movementinfunds
				Incoming	Resources		31March
Current year			1April 2022	resoul'cesf	expendedf	Transfersf	2023
Unrestricted funds
General fund			1,134,844	2,996,490	(2,901,641)	3,120	1,232,813
Designated funds
WB Service Activity Fund			1,533	6	(1,205)		334
Coping with Life (West Kent Mind)				265	(285)
Supportline				1,242	(1,242)
Housing Sink Fund			12,000				12,000
Fee Paying Hardship Fund			1,687		(400)		1,287
			1,150,064	2,998,023	(2,904,773)	3,120	1,246,434
Restricted funds:
Ecology Island Project			6,527		(3,298)		3,229
NW Kent Carers			1,344				1,344
Aspirations			34,220	189,324	(200,768)		22,776
Friendship Group Grant			6,489		(564)		5,925
Donations for Housing			46S		(99)		369
LWK Young People Fund			3,120			(3,120)
Men's Suicide Prevention		Group	7,425		(474)		6,951
Let's Stay in Touch Project			2,817		(1,780)		1,037
MIND Resilience Programme			8,788				8,788
Covid Control Infections	Funds Housing		1,622				1,622
Digital transformation			1,350		(1,350)
Kent Minds Connector Fund			1,379				1,379
SCESS- Schools Project			13,624	54,492	(68,116)
Help Through Hardship	Fund			33,333	(33,333)
Swanley Lane Garden and Services		Wellbeing		500	(304)		196
			89,173	277,649	(310,086)	(3,120)	53,616
Total funds			1,239,237	3,275,672	(3,214,859)		1,300,050

Pension commibnerds (continued)	Pension commibnerds (continued)
				2023	2022
Present values ofprovision
Due within one year Due atter one year				2,871 2,152	2,795 5,064
Total present value of provision				5,023	7,879
Reconciliation ofopening and closing		pmvision
Provision st start ofperiod Unwinding ofthe discount factor (interest		expense)			7,879 149
De6cit contribution paid Remeasurements -impact ofany Remeasurements -amendments	change in assumptions to the contribution schedule				(2,371) (134)
Provision at end ofperiod					5,023
Income and sxpsndifum Impact				2023 2	2022f
Interest expense				149	'i94
Remeasurements -impact of any Remeasursments -amendments	change in assumptions to the contribution schedule			(134)	(181) (17,215}
Costs recognised in income and expenditure			account	15	(17,202)
Assumpdons				2023	2022
Rate ofdiscount				5.52	2.35

	2023f	2022f
Land and buildings:
Dus within one year Due in two to five years	24,760 4,167	39,410 28,927
	28,927	68,337