NORTH KENT MIND
(A Company Limited by Guarantee)
Company No. 05093370
Charity No. 1103790
Report and financial statements
For the year ended
31 March 2025
IGOLDWINS
CHARTERED ACCOUNTANTS

North Kent Mind
Report and financial statements
For the year ended 31 March 2025
Contents
Reference & administrative inforniation.......................................................................................
Trustees Annual Report........................................................................................................
Independent auditors. report................................................................................................
Statement of financial activities .........................................................................................11
(incorporating an income and expenditure account)
Balance sheet......................................................................................................................12
ststement of cash flows......................................................................................................13
Notes to the financial statements ......................................................................................14

North Kent Mind
Report and financial statements
For the year ended 31 March 2025
Reference & administrative information
Trustees
Lyndsey Stukalov-stone (Chair)
Donald MacLeod
(Treasurer)
Alex Stukalov-stone
Andrew Upstill
Sarah Gow
Jessica Hamill
{appointed 13 June 2024)
Fatal Matilukuro-olanuga {appointed 13 June 2024)
Company registered number
05093370
Charity registered number
1103790
Registered office
The Almshouses
6-22 West Hill
Dartford
Kent
DA12EP
Chief Executive Officer
Justin Bateman
Richard Giles
{retired 30 September 2024)
(appointed 1 October 2024)
Business Manager and Company secretary
Gemma Maxted
{appointed 2 April 2024)
Auditors
Goldwins Limited
75 Maygrove Road
West Hampstead
London NVbE 2EG
Bankers
CAF Bank HSBC Bank PIC
25 Kings Hill Avenue, Kings Hill 38 High Street
West Malling, Kent Dartford, Kent
ME19 4JQ DA1 1DG

North Kent Mind
Report and financial statements
For the year ended 31 March 2025
The Trustees (who are also directors of the charity forthe purposes of the Companies Act) present their annual
report together with the audited financial statements of North Kent Mind {the company) for the year ended 31
March 2025. The Trustees confirm that the annual report and financial statements of the charitable company
comply with the current statutory requirements, the requirements of the company's governing document and
the provisions of"Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to
charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland (FRS 102), (effective 1 January 2019) (Charities SORP (FRS 102)).
STRUCTURE, GOVERNANCE AND MANAGEMENT
North Kent Mind's governing documents are its Memorandum and Articles of Association, and its constitution.
• Method of appointment or election of Trustees
The management of the company is the responsibility of the Trustees who are elected at the Annual General
Meeting or co-opted under the terms of the Articles of Association. The Board reviews its strengths and
weaknesses in relation to the task it needs to accomplish, and this helps identify when new Trustees should
be recruited.
The Charity Commission stress that if a trustee has served for more than nine years, their reappointment is:
subject to a particularly rigorous review and takes into account the need for progressive refreshing of
the board., and,
explained in the trustees, annual report.
Three of our current trustees, Andrew Upstill, Alex Stukalov-stone and Lyndsey Stukalov-stone, (our current
chair) have served more than 9 years. The Board has considered their position, and noting that they comprise
only 3 out of 8 Trustees, that there is a rolling programme of trustees having to stand for re-election, that new
members have continued to join the Board throughout their tenure, and that they provide a unique and stable
contribution to the work of an organisation that has experienced rapid change, considers their continued
involvement to be clearly beneficial.
• Policies adopted for the induction and training of Trustees
Processes and policies for inducting and training Trustees were reviewed and renewed in October 2023 in
response to the Mind Quality Mark prO￿sS and following discussion at the Board Awayday in August that year.
The organisation retained its stance that the 3-day North Kent Mind Training remains mandatory for all staff
and volunteers, including Trustees.
Organisational structure and decision making
The overall management of the charity is in the hands of the Trustees who meet every other month and there
are two sub-committees.. Finance & Personnel, and Investment. The latter was created in 2023 to work
productively with the substantial amount of reserves that have been acquired. The Board delegates the day-
to-day running of the organisation to the Chief Executive offi￿r. Other senior members of staff comprise, the
Head of HR and Administration who is responsible for the administrative staff, the Finance Manage, Head of
Development, Head of Housing and Facilities and the managers of the key service elements.. during the year
in question these elements comprised Supported Housing, Counselling and Therapy Services, Wellbeing
Services-, Development Services, and the Children and Young Persons Servi￿. The Senior Management
Team serves as a decision-making body on operational issues.
• Risk management
The Trustees have assessed the major risks to which the company is exposed, in particular those related to
the operations and fInan￿S of the company and are satisfied that systems and procedures are in place to
mitigate exposure to the major risks. This exercise was last completed at the Board 'away day, on 14th October
2024. They have reviewed the need for an internal audit, and judged this is not necessary in the year to which
these accounts relate.

North Kent Mind
Report and financial statements
For the year ended 31 March 2025
The format for assessing organisational risk was reviewed and updated in October 2023 as part of the Mind
Quality Mark process.
. Networks and Partnerships
The organisation is affiliated to National Mind, and this has been codified in a Mind Federation Agreement,
updated 16th September 2025, and will last until 31 March 2027 at the minimum. This defines the relationship
be￿een National Mind and local Minds, as well as the relationship the over 100 Local Mind Associations have
with each other. This affiliation brings with it the advantages of a known and valued brand name, cooperative
mutual help across the ne￿ork, access to financially advantageous Insuran￿ and Human ReSoUr￿S
expertise, and regular quality audits.
The 5 Local Mind Associations who have an interest in Kent and Medway: North Kent Mind,
West Kent Mind, Mid Kent Mind, South Kent Mind, East Kent Mind (managed by Mind in Bexley) now meet
regularly and as "Mind in Kent and Medway., cover the whole of this area, and with an agreed Memorandum
of Understanding now stand ready to jointly run projects that straddle several areas. There are currently a
number of costed proposals which. if successful. envisage these 5 organisations working in tandem on specific
new projects.
North Kent Mind remains one of the partners within the Kent Refernet system, which includes KCC and a
range of other local organisations, promoting prompt cross-referral.
North Kent Mind functions as a delivery partner for the charities Porchlight and Shaw Trust on several fronts.
During the year in question this involved delivering:
. Wellbeing Services in Medway, Dartford, Gravesham and Swanley (KCC Funding)
Development SeNices in Medway, Dartford, Gravesham and Swanley {KCC Funding)
Supported Housing in Medway, Dartford, Gravesham and Swanley {KCC Funding)
servi￿ User Ne￿Ork (SUN), across Medway and Kent, in conjunction with other Kent LMA'S
The end of the IAPT services (now renamed as NHS talking Therapy SeNices) contract in March 2024 lead
to a significant reduction in the size of the organisation and resulted in a restructure of Central Services for
April 2024 onwards.
We also work in partnership with Gravesham Council to deliver Mental Health Services to rough sleepers via
hostel residents in the Borough.
Since early 2022, our Deputy CEO became the Chair of the Voluntary Sector Alliance for the Dartford,
Gravesham and Swanley area. Within this role, North Kent Mind has therefore been at the forefront of an
extensive voluntary ne￿Ork in that area, coordinating joint meetings and events, and has formed a strong
partnership with CVS NWK.
Constitution
The organisation operates on a constitution approved by National Mind.
OBJECTIVES AND ACTIVITIES
Policies and objectives
The objects for which the charity is established are, within the communities of Dartford, Gravesham, Swanley
and Medway., and across Kent in collaboration with other Mind organisations..
a) to promote the preservation of mental health and to assist in relieving and rehabilitating persons suffering
from mental disorder or conditions of emotional or mental stress requiring advice or treatment; and
b) to promote the study of and research into mental health disorder and emotional or mental distress and to
obtain and make records of and disseminate to the public the useful results of such research and to educate
the public in matters relating to mental health.

North Kent Mind
Report and financial statements
For the year ended 31 March 2025
The organisation espouses the values of individualism, empowerment and recovery in mental health work.
Public benefit statement
In setting North Kent Mind's objectives and planning its activities the Trustees have considered the Charity
Commission's general guidan￿ on public benefit as required in section 17 of the Charities Act 2011 and, in
particular, its supplementary public benefit guidance on fee charging.
ACHIEVEMENTS AND PERFORMANCE
Review of activities
Throughout the year 2024-2025, North Kent Mind continued to run its range of services. utilising a
predominantly in person approaches.
Wellbeing Services:
These are delivered under the auspices of Porchlight and the Shaw Trust, the Strategic Partners chosen by
Kent County Council and Medway Council as part of the "Live Well Kent and Medway" servi￿. The agreed
portFolio in Dartford, Gravesham and Swanley and Medway consisted of:
Social Skills Sessions
Recovery and Activity Sessions
Coping with Life Courses
Mindfulness Course
Peer Support Groups
We achieved all the targets of our contract and note that Porchlight remain highly confident in our ability to
deliver these at a high level of quality and volume.
Development Services:
These are delivered under the auspices of Porchlight and the Shaw Trust, the Strategic Partners chosen by
Kent County Council and Medway Council as part of the "Live Well Kent and Medway" service. The agreed
portfolio in Dartford, Gravesham and Swanley and Medway consisted of:
Individual Placement Support
a new service, funded through the Live Well Kent and Medway
initiative, in Dartford, Gravesham and Swanley
Money Guidance Services- a new setvice. funded through the Live Well Kent and Medway initiative,
in Dartford, Gravesham and Swanley, and in Medway
Development Services also comprised..
SUN- Service User Nelwork a new se￿1￿ providing peer support targeting those with EUPD
UKSPF- supporting people to get back into work and training
Counselling and Therapy Services:
These provided"
Individual Counselling
Group Therapy
Anger Management Courses.
Supported Housing:
We continued our policy of ensuring any new tenancies arising are let only on a short term 2-year basis, to
enable our service to work with more people in need. Short-term tenancies now outnumber long-term
tenancies, and this ratio will continue to move in favour of short-term tenancies
This department continued to provide Support i+Vorkers to the hostel run by Gravesham Borough Council, We
became involved in a new initiative was developed to support Rough Sleepers in Dartford- DRSPP, Dartford
Rough Sleepers Partnership Project

North Kent Mind
Report and financial statements
For the year ended 31 March 2025
Children and Young Persons
This department continued to experien￿ expansion. indicating that it is clearly responding to a need. In
comparison to other departments within North Kent Mind, this service in particular is open to a number of
funding streams, including the education departments of KCC, and Medway Council, the individual schools
themselves, national Mind (Schools and Colleges Extra Support Service) and potentially a number of other
regional or national funders.
Smaller Projects
North Kent Mind also ran a number of other initiatives within the financial year, financed either through its own
resources, or by various funding streams. Among these were"
Friendship Group. Funded by Dartford Council, this is an online Saturday peer supportlsocial
group.
Ecology Island. An award-winning ecological activity group based in Darenth Country Park
and the Promenade in Gravesend.
Men's Group- Funded by North Kent Mind supporting emotional dialogue and resilience for
men
Trainee Placements
Within this year we continued to provide placements to Student Social Workers and Trainee Counsellors-.
FINANCIAL REVIEW
The charitable company's incoming resources for the year ended 31 March 2025 totalled £2,060,412 {2024-
£3,172,061). Resources expended totalled £1.984,893 (2024. £3,227,346), resulting in a total net surplus of
£75,519 (2024. deficit £55,285).
At the year end, a pension liability arising from obligations to a multi*mployer defined benefit pension
scheme has been recognised at a figure of £5,758 (2024: £2,346).
• Reserves policy
The Trustees are very conscious of the need to act prudently with the administration of the funds of the charity
and assess the levels offree reseNes they considerthe charity should hold in order for all existing and planned
activities to be financed. With significant amounts of money being invoiced to the NHS on a monthly basis,
there was also a need to hold reserves sufficient to cover any cash-flow issues when payments from this
source, or elsewhere, are delayed.
The Trustees are also aware of the need to meet all contractual obligations if. for any reason, the charity had
to cease activity and hold that the complex responsibilities the organisation undertakes must be supported by
an adequate level of reserves.
The trustees have a policy of reviewing the levels of reserves each year. sin￿ the previous year's review, the
Charity expanded in both workload and personnel. The trustees were of the opinion that the Charity should
retain free unrestricted reserves to cover 3 months of ongoing expenses and also have sufficient funds to
cover any closure costs should they arise.
As at the year ended 31 March 2025, the figure in free unrestricted reserves (that is unrestricted reserves
represented by net current assets) was £954,330 (2024= £1,115,759) A figure of £129,901 (2024.. £77,926) is
in restricted reserves and therefore is not available for general purposes of the charity at the year end.
• Principal Funding
The charity generally remains dependent on funding from statutory sources, but these show a diversity of
funding streams. However, forecasts for the year 2024 - 2025 show a radically different weighting to previous

North Kent Mind
Report and financial statements
For the year ended 31 March 2025
years, due to the news that the re-procurement exercise for the NHS Talking Therapies resulted in all Lots in
Kent and Medway was given to the private company of Vita Health Care, to the detriment of the previous
charities, including North Kent Mind. Our organisation therefore had to readjust to a loss of approximately 500/0
of its income. Because of this, forecasts for 2024-2025 show Income from rents and Enhanced Housing
Management as bringing in 30.4 % of income, Live Well Kent and Medway 19.5 % various CYP income 15,320/0,
Client Contributions to the Counselling Therapy servi￿ 13.80￿, Medway Council 11.9 %, Gravesham Borough
Council 6.4 %
PLANS FOR THE FUTURE
Future developments
Given the loss offunding from the NHS, North Kent Mind's Senior Leadership Team and Trustees implemented
a number of changes to ensure the regrowth of the organisation. These include.
A restructuring of the organisation with some redundancies and some retirements.
An expansion of Counselling and Therapy se￿iceS to include a higher level of client contributions.
Continued expansion of the CYP Servi￿ to capitalise on funding available.
Managed expansion of the Supported Housing Service to take on 8 new units made available by other
providers closing.
Creation of a new Service Development Team
Development of the organisations external Training Service.
Further Investigation and appropriate application to any appropriate new funding opportunities.
At the same time, the organisation purchased the Almshouses in DartFord, which it has rented for the last 30+
years.
Statement of responsibilities of the trustees
The trustees (who are also directors of North Kent Mind for the purposes of company law) are responsible for
preparing the Trustees, Annual Report, including the strategic report and the financial statements in
accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally
Accepted Accounting Practice).
Company law requires the trustees to prepare financial statements for each financial year which give a true
and fair view of the state of affairs of the charitable company and of the incoming reSoUr￿S and application of
reSoUr￿s, including the income and expenditure, of the charitable company for that period. In preparing these
financial statements, the trustees are required to..
Select suitable accounting policies and then apply them consistently.
Observe the methods and principles in the Charities SORP.
Make judgements and estimates that are reasonable and prudent.
State whether applicable UK Accounting Standards and statements of recommended practice have
been followed, subject to any material departures disclosed and explained in the financial statements.
Prepare the financial statements on the going concem basis unless it is inappropriate to presume that
the charity will continue in operation.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at
any time the financial position of the charitable company and enable them to ensure that the financial
statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the
charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other
irregularities.
The trustees are responsible for the maintenance and integrity of the corporate and financial information
included on the charitable company's website. Legislation in the United Kingdom governing the preparation
and dissemination of financial statements may differ from legislation in other jurisdictions.

North Kent Mind
Report and financial statements
For the year ended 31 March 2025
Statement as to disclosure to our auditors
In so far as the trustees are aware-.
There is no relevant audit information of which the charitable company's auditors are unaware,. and
The trustees have taken all steps that they ought to have taken to make themselves aware of any
relevant audit information and to establish that the auditors are aware of that information.
Auditors
Goldwins were appointed as the charitable company's auditors during the year and have expressed their
willingness to continue in that capacity.
The trustees, annual report has been approved by the trustees on
behalf by-
08.12.25
and signed on their
Lyndsey Stukalov-stone (Chair)

Independent auditors, report
To the members of North Kent Mind
For the year ended 31 March 2025
Opinion
We have audited the financial statements of North Kent Mind (the'charity,) forthe year ended 31 March
2025 which comprise the Statement of Financial Activities, the Balance Sheet, statement of cash flows
and notes to the financial statements, including a summary of significant accounting policies. The
financial reporting framework that has been applied in their preparation is applicable law and United
Kingdom Accounting Standards, including Financial Reporting Standard 102.. The Financial Reporting
Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting
Practice).
In our opinion, the financial statements-
give a true and fair view of the state of the Charity's affairs as at 31 March 2025 and of its
income and expenditure for the year then ended"
have been properly prepared in accordan￿ with United Kingdom Generally Accepted
Accounting Practice.,
have been prepared in accordan￿ with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordan￿ with International Standards on Auditing (UK) (ISAS (UK)) and
applicable law. Our responsibilities under those standards are further described in the Auditor's
responsibilities for the audit of the financial statements section of our report. We are independent of the
Charity in accordance with the ethical requirements that are relevant 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 evidence we have
obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the trustees, use of the going concern basis
of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to
events or conditions that, individually or collectively, may cast significant doubt on the charity's ability
to continue as a going concern for a period of at least ￿e1ve months from when the financial statements
are authorised for issue.
Our responsibilities and the responsibilities of the directors with respect to going concern are described
in the relevant sections of this report.
Other information
The trustees are responsible for the other information. The other information comprises the information
included in the annual report other than the financial statements and our auditor's report thereon. Our
opinion on the financial statements does not cover the other information and, except to the extent
othemise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements. our responsibility is to read the other information
and, in doing so, consider whether the other information is materially inconsistent with the financial
statements or our knowledge obtained in the audit or othe￿iSe appears to be materially misstated. If
we identify such material inconsistencies or apparent material
misstatements, we are required to determine whether there is a material misstatement in the financial
statements or a material misstatement of the other information. If, based on the work we have
performed, we conclude that there is a material misstatement of this other information, we are required
to report that fact. We have nothing to report in this regard.
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit..
the information given in the trustees, report (incorporating the directors, report} for the financial
year for which the financial statements are prepared is consistent with the financial statements.,
and
the trustees, report (incorporating the directors, report) have been prepared in accordance with
applicable legal requirements.

Independent auditors, report
To the members of North Kent Mind
For the year ended 31 March 2025
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the Charity and its environment obtained in the
course of the audit, we have not identified material misstatements in the Trustees, Annual Report.
We have nothing to report in respect of the following matters in relation to which the Companies Act
2006 requires us to report to you if, in our opinion..
adequate accounting records have not been kept or returns adequate for our audit have not
been received from branches not visited by us.,
the financial statements are not in agreement with the accounting records and returns.,
certain disclosures of trustees, remuneration specified by law are not made" or
we have not obtained all the infomiation and explanations necessary for the purposes of our
audit.
Responsibilities of the trustees
As explained more fully in the trustees, responsibilities statement, the trustees are responsible for the
preparation of the financial statements and for being satisfied that they give a true and fair view, and
for such internal control as they determine is necessary to enable the preparation offinancial statements
that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements. the trustees are responsible for assessing the Charity's ability to
continue as a going concern, disclosing, as applicable. matters related to going concern and using the
going concern basis of accounting unless the trustees either intend to liquidate the Charity or to cease
operations, or have no realistic alternative but to do so.
Our responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole
are free from material misstatement. whether due to fraud or error, and to issue an auditor's report that
includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an
audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists.
Misstatements can arise from fraud or error and are considered material if, individually or in the
aggregate, they could reasonably be expected to influence the economic decisions of users taken on
the basis of these financial statements.
Irregularities, including fraud, are InStan￿S of non-complian￿ with laws and regulations. We design
procedures in line with our responsibilities, outlined above, to detect material misstatements in respect
of irregularities, including fraud. The extent to which our prO￿dureS are capable of detecting
irregularities, including fraud are set out below.
In identifying and assessing risks of material misstatement in respect of irregularities, including fraud
and non-compliance with laws and regulations, our prO￿dureS included the following..
We enquired of management, which included obtaining and reviewing supporting
documentation, concerning the charity's policies and procedures relating to the internal controls
established to mitigate risks related to fraud or non-compliance with laws and regulations.
We inspected the minutes of meetings of those charged with governance.
We reviewed the financial statement disclosures and tested these to supporting documentation
to assess Complian￿ with applicable laws and regulations.
In addressing the risk of fraud through management override of controls, we tested the
appropriateness of journal entries and other adjustments, assessed whether the judgments
made in making accounting estimates are indicative of a potential bias and tested significant
transactions that are unusual or those outside the normal course of business.
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities,
including those leading to a material misstatement in the financial statements or non-compliance with
regulations. The risk is also greater regarding irregularities occurring due to fraud rather than error, as
fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.
A further description of our responsibilities for the audit of the financial statements is located on the
Financial Reporting Council's website at.. IwvM.frc.org u klaud itorsresponsibilitiesl. This description
forms part of our auditorfs report.

Independent auditors, report
To the members of North Kent Mind
For the year ended 31 March 2025
Use of our report
This report is made solely to the Charity's members, as a body, in accordance with Chapter 3 of Part
16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the
Charity's members those matters we are required to state to them in an auditor's report and for no other
purpose. To the fullest extent pemitted by law, we do not accept or assume responsibility to anyone
other than the Charity and the Charity's members as a body. for our audit work, for this report, or for
the opinions we have formed.
Anthony Epton Isenior Statutory Auditor)
for and on behalf of
Goldwins Limited
Statutory Auditor
Chartered Accountants
75 Maygrove Road
West Hampstead
London NW6 2EG
9 December 2025
10-

North Kent Mind
STATEMENT OF FINANCIAL ACTIVITIES (incorporating an income and expenditure account)
For the year ended 31 March 2025
Unrestricted Restricted
funds
funds Totsl funds Total funds
2025
2025
2025
2024
Notes
Income from:
Grant and donations
Charitable activities
Investment income
40,874
1,935,872
24,894
40,874
58,772 1,994,644
24,894
43,744
3,109,534
18,783
Total income
2,001,640
58,772
2,060,412
3,172,061
Expenditure on:
Raising funds
Charitable activities
9,814
1.959,880
9,814
1,975,079
2,532
3,224,814
15,199
Total expenditure
1.969,694
15,199
1,984,893
3,227.346
Net incomel(expenditurel for the year
31,946
43,573
75,519
(55,285
Transfers betsyeen funds
(8,402)
8,402
Net movement in funds
23,544
51,975
75,519
(55,285
Reconciliation of funds:
Total funds brought fomard
16
1,119,902
77,926
1,197,828
1,253,113
Total funds carried forward
1,143,446
129,901
1,273,347
1,197,828
All of the above results are derived from continuing activities.
There were no other recognised gains or losses other than those stated above.
The attached notes fom part of these financial statements.
11

North Kent Mind
BALANCE SHEET
As at 31 March 2025
2025
2025
2024
2024
Notes
Fixed assets:
Tangible assets
10
441,307
4,143
Current assets:
Investments
Debtors
Cash at bank and in hand
346,635
251.802
637,989
1,236.426
333,819
655,397
341,651
1,330,867
12
Liabilities:
Creditors.. amounts falling due within one year
13
152,195
137,182
Net current assets
1.084,231
1.193,685
Creditors.. amounts falling due after one year
14
(252,191
Total net assets
1,273,347
1,197,828
Funds:
Restricted funds
Unrestricted funds..
General fund
16
129,901
77,926
16
1,143.446
1,119,902
Total funds
1,273,347
1,197,828
ApDroved bv the trustees on
08.12.25
2025 and signed on their behalf by:
Lyndsey Stukalov-stone
Trustee
Company registration number .' 05093370
12-

North Kent Mind
STATEMENT OF CASH FLOWS
For the year ended 31 March 2025
Note
2025
2025
2024
2024
Net cash providedl(used) by operating activities
17
712,968
{112,1171
Cash flows from investing activities:
Purchase of tangible fixed assets
Interest I rent I dividends from investments
Salel (purchase) of investments
(441,524)
24,894
18,783
(333,819)
Cash {used in) investing activities
416,630
315,036
Change in cash and cash equivalents in the year
296,338
(427,1531
Cash and cash equivalents at the beginning of the year
341,651
768,804
Cash and cash equivalents at the end of the year
18
637,989
341,651
13-

North Kent Mind
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 March 2025
1 Accounting policies
Basis of preparation
The financial statements have been prepared in accordance with Accounting and Reporting by Charities..
Statement of Recommended Practice applicable to charities preparing their accounts in accordance with
the Financial Reporting Standard applicable in the UK and Republic of Ireland (Charities SORP FRS 102)
and the Companies Act 2006.
Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated
in the relevant accounting policy or note.
Public benefit entity
The charitable company meets the definition of a public benefit entity under FRS 102.
Going concern
The trustees consider that there are no material Un￿rtaIntieS about the charitable company's ability to
continue as a going concern. The trustees do not consider that there are any sources of estimation
uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying
amounts of assets and liabilities within the next reporting period.
Income
Income is recognised when the charity has entitlement to the funds, any performance conditions attached
to the income have been met, it is probable that the income will be received and that the amount can be
measured reliably.
Income from government and other grants, whether'capital. grants or'revenue, grants: is recognised when
the charity has entitlement to the funds, any performance conditions attached to the grants have been met,
it is probable that the income will be re￿iVed and the amount can be measured reliably and is not
deferred. Income received in advance for the provision of specified service is deferred until the criteria for
income recognition are met.
Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by
the charity,. this is nomially upon notification of the interest paid or payable by the bank.
Fund accounting
Unrestricted funds are available to spend on activities that further any of the purposes of charity-
Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion
to set aside to use for a specific purpose. Restricted funds are donations which the donor has specified are
to be solely used for particular areas of the charity's work or for specific projects being undertaken by the
charity.
Expenditure
Expenditure is recognised On￿ there is a legal or constructive obligation to make a payment to a third
party, it is probable that settlement will be required and the amount of the obligation can be measured
reliably. Expenditure is classified under the following activity headings..
Costs of raising funds comprise of trading costs and the costs incurred by the charitable company in
inducing third parties to make voluntary contributions to it. as well as the cost of any activities with a
fundraising purpose.
Expenditure on charitable activities includes the costs of delivering services and activities undertaken to
further the purposes of the charity and their associated support costs.
Other expenditure represents those items not falling into any other heading.
Expenditure includes attributable VAT which cannot be recovered.
14-

North Kent Mind
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 March 2025
1 Accounting policies
Allocation of support costs
Support costs are those functions that assist the work of the charity but do not directly undertake charitable
activities. Support costs include back office costs, finance, personnel, payroll and governan￿ costs which
support the charitable activities. These costs have been allocated be￿een cost of raising funds and
expenditure on charitable activities.
Operating leases
Rental charges are charged on a straight line basis over the temi of the lease.
Tangible fixed assets
Items of equipment are capitalised where the purchase pri￿ eX￿edS £1,000. Depreciation is provided at
rates calculated to write down the cost of each asset to its estimated residual value over its expected
useful life. The depreciation rates in use are as follows=
Fixtures and fittings
200￿ on reducing balan￿.
Freehold property
50 years straight line.
Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
Cash at bank and in hand
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity
of three months or less from the date of acquisition or opening of the deposit or similar account.
Creditors and provisions
Creditors and provisions are recognised where the charity has a present obligation resulting from a past
event that will probably result in the transfer of funds to a third party and the amount due to settle the
obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their
settlement amount after allowing for any trade discounts due.
Financial instruments
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are initially recognised at transaction value and subsequently
measured at their settlement value with the ex￿ptIOn of bank loans which are subsequently measured at
amortised cost using the effective interest method.
Pensions
The charitable company operates a defined contribution pension scheme. Contributions payable to the
charitable company's pension scheme are charged to the Statement of Financial Activities in the period to
which they relate.
15-

North Kent Mind
NOTES TO THE FINANCIAL STATEMENTS
For the
ear ended 31 March 2025
2 Detailed comparatives for the statement of financial activities
Unrestricted Restricted
funds
funds
2024
2024
Total
funds
2024
Income from:
Grants and donations
Charitable activities
Investment income
Total income
43,744
2,968,984
18,783
3,031,511
43,744
140,550 3,109,534
18,783
140,550 3,172,061
Expenditure on:
Fundraising
Charitable activities
Interest
Total expenditure
2,532
3,108,382
192
3,111.106
2,532
116,240 3,224,622
192
116,240 3,227,346
Net incomel{expenditure) for the year
(79,595)
24,310
(55,285)
Net movement in funds
(79.595)
24,310
(55,285)
Reconciliation of funds:
Total funds brought forward
1,199,497
53,616 1,253,113
Total funds carried forward
1,119.902
77,926 1,197.828
16-

North Kent Mind
NOTES TO THE FINANCIAL STATEMENTS
For the
ear ended 31 March 2025
3 Grants and donations
Unrestricted
2025
Restricted
2025
Total
2025
Total
2024
Grants and donations
40.874
40,874
40,874
40,874
43,744
43,744
4 Income from charitable activities
Unrestricted
2025
Restricted
2025
Total
2025
Total
2024
Housing services
Well-being services
Fee paying services
Employment services
NHS psychological therapies
Trainees
Children and young persons
Small projects
699.670
257,080
110,207
327,292
699,670
257,080
110,207
327,292
452,562
457,453
50,162
309,655
1,167,599
275,591
368,850
27,662
58.772 1,994,644 3,109,534
58,772
58,772
541,439
541.439
1,935,872
5 Income from investments
Unrestricted
2025
Restricted
2025
Total
2025
Total
2024
Bank interest
24,894
24,894
24,894
24,894
18,783
18.783
17-

North Kent Mind
NOTES TO THE FINANCIAL STATEMENTS
For the
ear ended 31 March 2025
6 Expenditure on charitsble activities
2025
Direct
2025
Support
2025
Total
2024
Total
Summary by fund type:
Housing services
Well-being service
Fee paying services
Employment ServI￿S
NHS psychological therapies
Trainees
Children and young persons
Small projects
Other supporting activites
520,791
180,131
96,982
224,602
3,648
(3,574)
305,926
203,476
66,051
26,891
90,389
724,267
414,926
246,182
466,295
123,873
65,073
314,991
252,504
3,648 1,330,002
(3,574) 298,014
438,037
360,018
37,982
132,111
127,655
127,655
646,573 1,975.079 3.224,814
1.328,506
Support costs
646,573 (646,573)
Total charitable expenditure
1,975,079
1,975,079 3.224,814
Of the total expenditure on charitable activities above £15,199 (2024-. £116,240} was restricted and
£1,969,694 (2024. £3,111,106) was unrestricted.
Direct costs
2025
2024
Project costs
Computer costs
Volunteers
Rent
Depreciation
Repairs and maintenance
Telephone
Other office costs
Travel costs
Therapist costs
Management fees
Wages and salaries
189,730
72,695
43,658
828
26,729
1,282
12,854
1,500
9,114
2,500
27,842
9,165
63,057
14,790
2,118
52,333
12,983
127,383
29,017
1,011,462 2,126,669
1 328 506 2,509,203
18-

North Kent Mind
NOTES TO THE FINANCIAL STATEMENTS
For the
ear ended 31 March 2025
6 Expenditure on charitsble activities
Support costs
2025
2024
Rent
Light and heat
Repairs and maintenance
Depreciation
Small items of office equipment
Insurance
Legal and professional
Telephone
Printing, postage and stationery
Computer costs
Other office costs
Training
Travel costs
Recruitment
Wages and salaries
Bad debts
Trustee expenses
Auditor's remuneration
Other support costs
Interest on loan
51,648
22,078
7.968
2,860
2,746
17,012
13,045
30,428
7,109
16,929
19,552
11,014
245
2,493
386,500
42,651
34,521
9,408
2,008
14,323
10,715
11,451
37,090
9,931
19,324
37,410
21,405
382
5,251
438,436
10,872
1,107
9,134
2,311
14,750
32,341
5.544
646,573
715,419
19-

North Kent Mind
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 March 2025
Net income l (expenditure) for the year
This is stated after charging=
2025
2024
Depreciation of tangible fixed assets
Pension Cost
Operating Lease Rental
Auditor's remuneration
4,360
35,212
51,424
10,000
2,008
59,458
51,540
7,875
Analysis of staff costs, trustee remuneration and expenses, and the cost of key management
personnel
2025
2024
Staff costs were as follows..
Salaries and wages
Social security costs
Employerfs contribution to defined contribution pension schemes
1,263,055 2,307,989
99,695
197,658
35,212
59,458
1,397,962 2,565,105
The following number of employees re￿iVed employee benefits (excluding employer pension and
national insurance contributions) during the year be￿een=
2025
No.
2024
No.
£60,000 to £69,999
The total employee gross salary and benefits, including the employerfs national Insuran￿ and pension
contributions of the key management personnel were £100.809 (2024.. £146,131).
Staff numbers
The average number of employees during the year is as follows:
2025
2024
Housing seNices
Wellbeing
Fee paying services
Employment services
IAPT
Central management
Children and young persons
Small projects
14
13
16
34
19
12
14
64
103
Taxation
The charitable company is exempt from corporation tsx as all its income is charitsble and is applied ft)r
charitable purposes.
-20-

North Kent Mind
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 March 2025
10 Tangible fixed assets
Fixtures,
Motor Fittings &
Vehicle Equipment
Freehold
Property
Total
Cost
At the start of the year
Additions in year
At the end of the year
6,000
2,034
3,925
5,959
8,034
441,524
449,558
437,599
437,599
6.000
Depreciation
At the start of the year
Charge for the year
At the end of the year
2,875
1,500
4,375
1,016
672
1,688
3,891
4,360
8,251
2,188
2,188
Net book value
At the end of the year
435,411
1.625
4,271
441,307
At the start of the year
3,125
1,018
4,143
All of the above assets are used for charitable purposes.
11 Current asset investments
2025
2024
Cash on deposit
346,635
346,635
333,819
333,819
12 Debtors
2025
2024
Fees for services
Prepayments and accrued income
227,119
24,683
251,802
516,424
138,973
655,397
21

North Kent Mind
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 March 2025
13 Creditors: amounts falling due within one year
2025
2024
Amounts due to suppliers
Other creditors
Deferred income
Bank loan
Multi-employer pension scheme deficit contributions
9,313
32,294
77,324
33,264
68,859
30,968
35,009
2,346
137,182
152,195
Deferred income
2025
2024
Balance at the beginning of the year
Amount released to income in the year
Amount deferred in the year
Balance at the end of the year
35,009
122,178
(35,009) (122,178}
77,324
35,009
77.324
35,009
14 Creditors: amounts falling due after one year
2025
2024
Bank loan
252,191
252,191
15 Analysis of net assets between funds
Unrestricted Restricted
funds
funds Total funds
2025
2025
2025
Tangible fixed assets
Net current assets
Creditors due after one year
Net assets at the end of the year
441,307
954,330
252,191
1.143,446
441,307
1,084,231
252,191
1,273,347
129,901
129,901
Analysis of net assets between funds for the previous reporting period
Unrestricted Restricted
funds
funds Total funds
2024
2024
2024
Tangible fixed assets
Net current assets
Net assets at the end of the year
4,143
1,115,759
1.119,902
4,143
1,193,685
1.197,828
77,926
77.926
-22-

North Kent Mind
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 March 2025
16 Movements in funds
At 1 April
2024
Income & Expenditure
gains
& losses
At 31 March
2025
Transfers
Restricted funds:
Ecology Island Project
UKSPF
Friendship Group Grant
Donations for Housing
Men's Suicide Prevention Group
MIND Resilien￿ Programme
Voluntary Sector Alliance Lead
Swanley Lane
Garden
Wellbeing Services
Imroc training grant
Core 20 plus 50 interventions
Other restricted funds
Total restricted funds
7.873
7,873
53,131
3,982
369
8,461
44,828
53,131
5,298
369
6.951
46,178
(1,316)
3,000
(1,490)
(1,350)
(11,000)
11,000
and
1,357
1,357
9,900
9,900
8,359
43
8,402
129 901
Unrestricted funds
General funds
1,106,532
2,001,640
(1,967,694)
{8,402) 1.132,076
Designated funds
Housing Sink Fund
Fee Paying Hardship Fund
Options Fund
12,000
1,096
274
(2,000)
10,000
1,096
274
Total unrestricted funds
1,119,902
2,001,640
1,969,694
8,402
1,143,446
Total funds
1,197,828
2,060,412
1.984,893
1,273,347
-23-

North Kent Mind
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 March 2025
16 Movements in funds for the previous reporting period
At 1 April
2023
Income & Expenditure
gains
& losses
At 31 March
2024
Transfers
Restricted funds:
Ecology Island Project
NW Kent Carers
Aspirations
Friendship Group Grant
Donations for Housing
Men's Suicide Prevention Group
Let's Stay in Touch Project
MIND Resilien￿ Programme
Covid Control Infections Funds
Housing
Kent Minds Connector Fund
SCESS - Schools Project
Help Through Hardship Fund
Swanley Lane
Garden
Wellbeing Services
Imroc training grant
Core 20 plus 50 interventions
Total restricted funds
3,229
6,618
(1,974)
(1,344)
(22,776)
(627)
7,873
22,776
5,925
369
6.951
1,037
8,788
1,622
5,298
369
6,951
1,055
(2,092)
37,390
46,178
(1,622)
1,379
(1,379)
(40,870)
(29,277)
(339)
40,870
66,667
1,500
(37,390)
and
196
1,357
13,940
9,900
140 550
(13,940)
9,900
116240
Unrestricted funds
General funds
1,185,876
3,030,973
(3,110,317)
1,106,532
Designated funds
WB servi￿ Activity Fund
Housing Sink Fund
Fee Paying Hardship Fund
Options Fund
334
12.000
1.287
(334)
12,000
1,096
274
(191)
(264}
538
Total unrestricted funds
1,199.497
3.031,511
3.111,106
1,119,902
Total funds
1,253,113
3,172,061
3,227,346
1,197,828
Designated funds
WB Service Activity Fund This fund is comprised of contributions from seNice users for specific
activities organised by the Charity. The timing of when the resources will be utilised is dependent on the
activities organised by the Charity-
Coping with Life {West Kent Mind) - This fund is in partnership with West Kent Mind to provide well-being
services.
Supportline
Following the success of the work of Supportline this year, funds have been set
aside from the unrestricted fund to ensure that the project can be undertaken in the coming year.
Housing Sink Fund - Funds have been set aside to allow for future maintenance and repairs of the
Housing properties. The funds will be utilised as ne￿SSIty requires.
-24-

North Kent Mind
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 March 2025
16 Movements in funds
Designated funds
Fee paying hardship fund The Board have set aside funds to provide support for users of fee paying
services in difficult circumstances.
Options Fund Options involves the planning and organisation of various social events and trips. Service
users within Community Services identify places they may wish to visit or events to organise and then the
organisation supports them to achieve it.
Restricted funds
Ecology Island Project - Ecology Island is a nature-based intervention, which takes place weekly across 8
sessions in a woodland area of Central Park. Dartford. The participants take part in a range of nature-
based activities which allow them to leam new skills In a supported environment, outdoors in nature.
Examples include bushcraft, campfire c¢)oking, scrub clearance, wildlife ID, litter picking, bird and bat box
building, wildflower planting and more.
NW Kent Carers - this fund is for those who are carers who require support with mental health and
wellbeing, this support often takes the form of low cost counselling.
Aspirations
Aspirations provides one to one support, based around a person's individual goals, for
those who want to make a change. Idvhether you want to improve your wellbeing, find opportunities to
engage with your local community like volunteering or local groups, or if you want to move into
employment. This is a project for anyone who is unemployed, living with a mental health condition
and is be￿een the ages of 25-65. The Aspirations Project is being funded by the European Social Fund
and The National Lottery Community Fund.
Friendship Group Grant
The Friendship Group provides support for individuals with mental
health issues the opportunity to socialise, relax and participate in therapeutic activities, such as arts and
crafts. The sessions are held on Saturdays and are run in a friendly and welcoming environment.
Donations for Housing - This was a donation requested to be used by the housing department for
Housing Tenant events or functions.
LWK Young People Fund This is a project for 17-25 year olds in DGS to help improve overall
wellbeing. We have been working with SupaJam to provide 1-1 coaching sessions and supporting,
including signposting and sharing of resources for various mental health needs.
Men's Suicide Prevention Group - Funding for this group was from member of staff who did fundraising,
this group is open to individuals who have previously suffered or currently suffering from a Mental Health
Issue.
Let's Stsy in Touch Project - A project to provide residents of the supported living accommodation
with access to intefflet and other telecommunications support. Funding was provided by the Hyde
Foundation.
MIND Resilience Programme - Funding was re￿iVed to provide Social Media Resilien￿ Coaching to
those in need.
Covid Control Infections Funds Housing Funding was received via Porchlight to be utilised ft)r any
additional costs incurred during the administration of the support living houses during the Covid
pandemic.
Digital Transfonnation Fund
A project funded by national Mind to enable a consultation and
development of the organisation's Customer Management Relations SOf￿are system. Funding the
introduction of Lamplight for Central serVi￿S.
Kent Minds Connector Fund Funding from national Mind to support local Minds to work more
collaboratively. Allowing and encouraging North Kent Mind to work with Minds across Kent to compile
and Identify joint bids and joint pieces of work.
SCESS - Schools Project - Funding for the Schools and Colleges and Early Support Service program to
provide well- being SeNi￿S in schools.
-25-

North Kent Mind
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 March 2025
16 Movements in funds
Restricted funds
Help Through Hardship Fund - Funding to provide free advi￿ for those struggling with the cost of living
crisis.
UKSPF- This is the UK Shared Prosperity Funding, we delivered 'lnspirations', an employment support
project in Medway and Gravesend.
Swanley Lane Garden and Wellbeing servI￿s
benefits in relation to our Swanley garden.
IMROC Training Grant- Funding was received to facilitate peer support for staff and volunteers.
Core20Plus5 interventions- Funding from the NHS to run three projects across the Dartford, Gravesham
and Swanley area to deliver non-NHS based activities and ServI￿S to redu￿ health inequality.
Funding to encourage gardening and its wellbeing
17 Reconciliation of net income l {expenditure) to net cash flow from operating activities
2025
2024
Net surplusl(deficit) for the reporting period
(as per the statement of financial activities)
Depreciation
Interest received
(Increase) I decrease in Current Investment
(Increase) I decrease in debtors
Increase l (decrease) in creditors
Net cash provided by l (used in) operating activities
75,519
(55,285)
4,360
(24,894)
(12,816)
403,595
267,204
712,968
2,008
(18,783)
69,897
1109,954)
{112,117
18 Analysis of cash and cash equivalents
At 1 April
2024 Cash flows
Other At 31 March
changes
2025
Cash at bank and in hand
Total cash and cash equivalents
341,651
341,651
296,338
296,338
637,989
637,989
-26-

North Kent Mind
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 March 2025
19 Pension commitments
The Charity participates in 'The Growth Plan, pension scheme, operated by The Pensions Trust,
which is a multi- employer scheme which provides benefits to some 638 non-associated
participating employers. The scheme is a defined benefit scheme in the UK.
It is not possible for the Charity to obtain sufficient information to enable it to account for the scheme
as a defined benefit scheme. Therefore, it accounts for the scheme as a defined contribution scheme.
The scheme is subject to the funding legislation outlined in the Pensions Act 2004 which came
into force on 30 December 2005. This, together with documents issued by the Pensions Regulator and
Technical Actuarial Standards issued by the Financial Reporting Council, set out the framework for
funding defined benefit occupational pension schemes in the UK.
The scheme is classified as a 'last-man standing arrangement.. Therefore, the Charity is potentially
liable for other participating employers, obligations if those employers are unable to meet their share of
the scheme deficit following withdrawal from the scheme. Participating employers are legally required to
meet their share of the scheme deficit on an annuity purchase basis on withdrawal from the scheme.
A full actuarial valuation for the scheme was carried out with an effective date of 30 September 2023.
This actuarial valuation showed assets of £514.9m, liabilities of £531.Om and a deficit of £16.1 m. To
eliminate this funding shortfall, the Trustee and the participating employers have agreed that additional
contributions will be paid to the scheme as follows=
Deficit contributions:
From 1 April 2025 to 31 January 2028..
£2100.000m per annum (payable monthly)
Note that the scheme's previous valuation was carried out with an effective date of 30 September 2020.,
this valuation showed assets of £800.3m. liabilities of £831.3m. and a deficit of £31.6m. To eliminate this
funding shortfall, the Trustees and the participating employers had agreed that additional
contributions would be paid, in combination from all employers, to the scheme as follows..
From 1 April 2022 to 31 January 2025..
£3.312,000 per annum (payable monthly)
Vvhere the scheme is in deficit and where the Charity has agreed to a deficit funding
arrangement the Charity recognises a liability for this obligation. The amount recognised is the
net present value of the deficit reduction contributions payable under the agreement that relates to
the deficit. The present value is calculated using the discount rate detailed in these disclosures. The
unwinding of the discount rate is recognised as a finan￿ cost.
Present values of provision
2025
2024
Due within one year
Due after one year
Total present value of provision
Reconciliation of opening and closing provision
5,758
2,346
5,758
2,346
Provision at start of period
Unwinding of the discount factor (interest expense)
Deficit contribution paid
Remeasurements - impact of any change in assumptions
Remeasurements - amendments to the contribution schedule
Provision at end of period
2,346
62
(2,392)
36
5,706
5,758
-27-

North Kent Mind
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 March 2025
19 Pension commitments
Income and expenditure impact
2025
2024
Interest expense
Remeasurements - impact of any change in assumptions
Remeasurements - amendments to the contribution schedule
62
36
5,706
192
Costs recognised in income and expenditure account
194
Assumptions
2025
2024
Rate of discount
4.84 %
5.310/0
The discount rates shown above are the equivalent single discount rates which, when used to
discount the future recovery plan contributions due, would give the same results as using a full AA
corporate bond yield curve to discount the same recovery plan contributions.
20 Related party transactions
There were no related paty transactions to disclose for the year.
-28-