OpenCharities

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

← Thurrock and Brentwood Mind

2024-03-31-accounts

REGISTERED COMPANY NUMBER: 05256793 (England and Wales) REGISTERED CHARITY NUMBER: 1106452

REPORT OF THE TRUSTEES AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

THURROCK AND BRENTWOOD MIND

Goldwyns Limited Statutory Auditors and Chartered Accountants Rutland House 90-92 Baxter Avenue Southend on Sea Essex SS2 6HZ

THURROCK AND BRENTWOOD MIND

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

Page
Report of the Trustees 1 to 10
Report of the Independent Auditors 11 to 13
Statement of Financial Activities 14
Balance Sheet 15
Cash Flow Statement 16
Notes to the Cash Flow Statement 17
Notes to the Financial Statements 18 to 29

THURROCK AND BRENTWOOD MIND

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024

The trustees, who are also directors of the charity for the purpose of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. The financial statements comply with the Companies Act 2006 and the Statement of Recommended Practice, Accounting and Reporting by Charities applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (effective 1 January 2019).

OBJECTIVES AND ACTIVITIES

Objectives and aims

The objective of the charity is 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 distress requiring advice or treatment.

Our aims are:

Staying well - Support people likely to develop mental health problems to stay well. Empowering choice - Empower people who experience a mental health problem to make informed choices about how they live and recover.

Improving services and support - Ensure people get the right services and support at the right time to help their recovery and enable them to live with their mental health problem.

Enabling social participation - Open the doors to people with experience of mental health problems participating fully in society.

Removing inequality of opportunity - Gain equality of treatment for people who experience both mental health and other forms of discrimination.

Organisational excellence - Make the most of our assets by building a culture of excellence.

The charity is affiliated to Mind and operates in accordance with the aims and objectives of Mind.

We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. In particular, the Committee members consider how planned activities will contribute to the aims and objectives they have set.

Objectives for the year

To meet our overall objects of the charity, aims and objectives for each project are set annually and recorded in the 'Overarching Operational Policy and Plan'. We have robust mechanisms in place to illicit, record and analyse qualitative experience and quantitative data relating to each project. At the start, review and end stage various channels are used to gather data which include surveys, verbal feedback, forums and outcome measurement tools (a short version of the Warwick-Edinburgh Mental Wellbeing Scale (SWEMWBS)). Quarterly management reports demonstrate the outcomes of the project work and how these outcomes directly contribute to achieving the charitable objects and the public benefit as detailed in our strategic plan. Evaluation and analysis of findings are discussed with service users, within supervision, team and managers' meetings and reported in quarterly monitoring meetings with trustees and commissioners.

Strategies for the year

To achieve our goals, Thurrock and Brentwood Mind will work collaboratively with service users and carers, and multiple organisations, with a strong focus on prevention. To be able to identify people earlier within their community and enable them to access support in building resilience and self-care skills around their health and wellbeing, as well as promoting increased participation within their community.

Each project manager has targets to achieve in accordance with the contract funding agreement - these are aligned with our Operational Plan which details strategies for achieving our overall organisational aims and objectives.

Page 1

THURROCK AND BRENTWOOD MIND

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024

OBJECTIVES AND ACTIVITIES Principal activities

Outline of services

Thurrock and Brentwood Mind has continued to work collaboratively with the NHS, Local Minds and other mental health providers in the transformation of mental health services across Mid and South Essex (MSE) STP (Sustainability and Transformation Partnership). Service users have been consulted in all steps in the process of continuing developments. Service users representing the voices of others together with our services outlined below contribute to achieving our aims and objectives. We empower people to make informed choices and those likely to develop mental health problems to stay well.

With the exception of services that are specifically delivered by telephone, all services are offered in accordance with the individual's preferred choice: face to face, telephone or via digital platforms.

Admission Prevention and Early Discharge (APED)

The Admission Prevention and Early Discharge Service is a collaborative service between EPUT and Thurrock and Brentwood Mind to prevent admission into the Mental Health wards and facilitate early discharge.

Crisis Sanctuary

In partnership with Choice Support there are three sanctuaries covering the entire geography of the Mid and South Essex. We cover the South West Essex area of Thurrock, Basildon and Brentwood in partnership with Basildon Mind.

Crisis Sanctuaries are part of the 24-7 Mental Health Crisis Response and Care Service to provide a safe place for individuals experiencing an emotional or mental health distress. Practical and emotional support is offered in a warm, welcoming and friendly environment. Outreach support enables service users to receive additional support if required, to link them with local services and opportunities. The Substance Misuse Worker provides specialist expertise and supports service users to engage with substance misuse services. The Community Link Worker engages and works collaboratively within the local community to address inequalities and encourage access to support.

Crisis House Sanctuary Plus

In partnership with other local Minds, the Crisis House is part of the 24-7 Mental Health Crisis Response and Care Service covering Mid and South Essex that offers a range of non-clinical interventions and support. It is not an alternative to admission but another supported accommodation pathway for those that do not require a hospital admission.

Day services - Thurrock

Wellbeing activities are held four times per week in person and once a week online. There are a range of activities: service users provide peer support to each other and take part in gardening, arts and crafts, quizzes, games and excursions.

Day services - Brentwood

Five weekly plus two monthly wellbeing activities are offered from the Brentwood hub: tea and talk, colouring, mindfulness, seated exercise, arts and crafts, LGBT group and games group.

An additional monthly confidence workshop is delivered from the Brentwood Community Theatre.

Individual Placement and Support (IPS)

In partnership with Midlands Partnership NHS Foundation Trust the service provides support to people with severe mental health difficulties into employment. Each individual is supported by their Employment Specialist to complete a vocational profile which instigates discussion about their work aspirations and goals, workplace preferences, and any barriers they are concerned about. They are supported to create CVs, complete application forms, prepare for interview and liaise with employers.

Page 2

THURROCK AND BRENTWOOD MIND

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024

OBJECTIVES AND ACTIVITIES

Mental Health Recovery Workers

In partnership with local Minds covering Mid and South Essex, to provide support to the Community Mental Health Teams and A&E, later in the newly built Mental Health Urgent Care Department (MHUCD) working alongside mental health liaison staff; providing emotional support and signposting into community groups and services to meet the service user's needs.

Peer Mentoring and Peer Support

Peer Mentoring offers low level time-limited support to facilitate self-care in the community for those people that experience a mental health issue. Peer Support groups provide support through a shared interest. The project presents the opportunity for people to be identified earlier within their community and to enable them to access support in building resilience and self-care skills around their health and wellbeing.

Positive Pathways

An integral part of the Shared Care Protocol, whereby statutory and voluntary sector colleagues work collaboratively with patients to help them to identify and access facilities in the community to maintain their recovery.

Adults Thurrock: In addition to referrals from the Primary Care Network (PCN), Essex Partnership University NHS Trust (EPUT) has continued to transfer specialist care patients into the project, where they are either signposted or supported to access other local groups and services to re-engage with the community.

Adults Basildon and Brentwood: EPUT Community Mental Health Teams and professionals in PCNs refer patients into the project, where they are either signposted or supported to access other local groups and services to re-engage with the community.

Youth Thurrock (14-18 years): Following therapeutic intervention, North East London NHS Foundation Trust (NELFT) Child and Adolescent Mental Health Service (CAMHS) refer young people into the project. They are encouraged to access opportunities in the community to maintain or improve their wellbeing. If needed they can make use of a Personal Health Budget to achieve their wellbeing outcomes.

Youth Basildon (Coaching and Mentoring): Working with young people aged 11-16 years who have been absent from school for a minimum of 60 consecutive days due to mental ill health, are supported to re-engage with school or prepare for college.

Support to Thrive: Working with young people aged 11-16 years from Brentwood and Basildon, at risk of mental ill health and school absence, offering early intervention support by phone or video.

Youthful Wellbeing: Working in partnership with other local Minds, the service extended to Mid and South Essex. Young adults aged 18-25 develop a wellbeing plan and are supported to engage in activities and achieve their goals. If needed they can make use of a Personal Health Budget.

Psychological Therapies

Counselling and Groupwork Service: A British Association of Counselling and Psychotherapy (BACP) accredited counselling service. The service is based on an integrated approach, offering a confidential, non-judgemental, caring and safe environment, adhering to the Code of Confidentiality and Ethics as laid down by BACP. The service offers face to face and telephone counselling. Up to 12 student placements are provided each year.

Bereavement Counselling: There are two services for Bereavement Counselling, with one being specific for bereavement due to Covid. Covid bereavement funding ended 31 March 2024.

Multi Ethnic Counselling Service: To provide counselling to residents from the Black Asian and Minority Ethnic communities. Clients generally have preferred to continue with telephone counselling, but face to face is also an option.

Inclusion Thurrock Improving Access to Psychological Therapies (IAPT): In partnership with Midlands Partnership NHS Foundation Trust, we provide psychological interventions using a stepped care approach that complies with The National Institute for Health and Care Excellence (NICE) guidelines.

Page 3

THURROCK AND BRENTWOOD MIND

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024

OBJECTIVES AND ACTIVITIES

Recovery College

In partnership with Midlands Partnership NHS Foundation Trust, the Recovery College provides recovery-focused education and training courses across Thurrock and provides information that will help people to learn and give them the best chance of staying well and living the most fulfilling lives they can. People with lived experience of mental health issues (Peer Trainers) co-produce and co-deliver courses with other staff.

Thurrock Carers Service

The service is provided in partnership with Thurrock Lifestyle Solutions and Thurrock Centre for Independent Living to provide information, advice and support to all adult unpaid carers of Thurrock residents. Information, advice and support is provided by telephone, face to face, or via digital platforms. Carers can receive one to one or group support.

Wellbeing Calls

Essex Partnership University NHS Foundation Trust (EPUT): Working collaboratively, EPUT identified high risk patients that with extra support through wellbeing calls on a regular basis which could prevent relapse in their mental health. Early signs of relapse were addressed promptly, and this can prevent hospitalisation. Funding ended 31 March 2024.

GP Wellbeing Calls

This is part of the MSE Depression pathway. People prescribed anti-depressants are referred for 4-6 weeks wellbeing calls. This will provide an opportunity for people to discuss their concerns regarding the medication and provide reassurance. It provides support during the period of time it takes for the medication to take effect.

Commercial services

Thurrock and Brentwood Mind operates a Housing Project, Charity Shop and Mind Talk, to provide private counselling and training.

Housing

Two of Thurrock and Brentwood Mind's properties are used for the housing project

These are:

Charity Shop

The Charity Shop despite the best efforts of the Manager became unsustainable due to the challenges in recruiting volunteers, closing on 31 January 2024.

Mind Talk

Provides counselling and training.

Counselling is a BACP accredited private counselling service, where all counsellors are qualified, and the client pays a set fee. A first appointment is offered within 10 working days.

Training is also provided on Mental Health First Aid for Adults or Youth.

Volunteering

There are a range of volunteering opportunities at Thurrock and Brentwood Mind within the projects listed above. All volunteers receive Volunteer Core Training with additional project specific training according to their role. Volunteer Counsellors are either qualified or in their final year of training. Volunteer recruitment remains a challenge for the second year running.

Page 4

THURROCK AND BRENTWOOD MIND

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024

OBJECTIVES AND ACTIVITIES

Operational Performance

Reports on operational and financial performance are measured by trustees on a quarterly basis, sent to funders and quarterly contract monitoring meetings with Commissioners take place.

STRATEGIC REPORT

Financial position

Income

The primary sources of income remain various branches of the National Health Service (NHS) and the local councils who fund major statutory projects for public benefit within the Thurrock and Brentwood areas. The majority of approximately £4.29m total annual income is restricted to specific projects and was awarded to us in a competitive process with controls on overhead margins. There was an annual surplus of £148k of income / expenditure. This was lower than the previous year (£549k) because of a contractual credit associated with the Mental Health Recovery service.

The directly funded income stream is supplemented by other unrestricted sources of income by way of private counselling, housing benefits associated with our tenanted housing, donations, fundraising and discretionary grants.

The tenanted housing offers a total of fifteen units with long or short-term duration dependent upon need.

The Mindtalk service continues to provide private counselling and external training generating some additional income.

We continue to explore alternative funding opportunities to diversify income by fund raising, providing training and voluntary donations. These additional sources of income aim to some give some degree of financial independence within our charitable aims.

Income from the retail charity shop outlet (£52k) was offset by overheads and salary costs (£75k) resulting in a reported loss of £23k for the year. An opportunity arose to exit the lease on the Shop without penalty and it was agreed to cease operations and subsequently dispose of the delivery/service van.

Expenditure

The main expenditure for the organisation is staff wages. Staff numbers continue to increase with expansion or changes of services in response to needs. Total staff wages were approximately £3.13m including contributions for national insurance and pension costs.

Expenditure on utilities, rent, rates, mortgage costs and buildings maintenance are an essential overhead and notional losses on some projects continue to strain our profitability and reserves. Some of these overheads are unavoidable (utilities, insurances, accountancy fees, etc) but other non-core expenditure is carefully monitored. Due to the increased size of the organisation costs for IT equipment and support, telephone (fixed line and mobile) and home working support expenditure is an increasing cost to the organisation.

Acceptance of home working arrangements are also dictated by the availability of office accommodation. This does have a beneficial side effect on the flexibility of staff working arrangements and resources.

Other "soft" costs include compliance with statutory obligations, quality standards, staff training, recruitment costs and general business expenditure to ensure the organisation functions to best practice. This is reflected in the achievement of many recognised standards of excellence and awards as noted elsewhere.

Thurrock and Brentwood Mind has tangible assets in the ownership of three buildings that provide a capital buffer as a long-term financial base albeit with acceptance of mortgage costs.

Investment policy and objectives

The Committee have considered the investment requirements of the charity and has decided that uncommitted funds should be retained in banks and building societies and that any suggested changes to the banking arrangement should be agreed with them in advance. The Committee also feel that funds should be retained on interest bearing accounts wherever this is practical.

Page 5

THURROCK AND BRENTWOOD MIND

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024

STRATEGIC REPORT Financial review Reserves policy

Introduction

The policy is written in the light of the Charity Commissioners' guidance "Charities' Reserves" (CC19, January 2016)

Reserves are defined as "income which becomes available to the charity and is to be expended at the trustees' discretion in the furtherance of any of the charity's objectives (sometimes referred to as "general purposes" income); but which is not yet spent, committed or designated (i.e. is "free")" (para. 11).

The definition of reserves therefore excludes: permanent endowment; expendable endowment; restricted funds; designated funds; and income funds which could only be realised by disposing of fixed assets held for charity use (para. 11).

The reserves policy should cover as a minimum:

Why Thurrock and Brentwood Mind needs reserves

Maintenance of properties - Thurrock and Brentwood Mind owns three properties and has decided it needs to have £45k available for emergency repairs and renovations to these properties in order that it could continue the services run from those buildings.

Winding up the charity - Thurrock and Brentwood Mind has decided that, in the event of the organisation having to be wound up, it would need to have six months running costs estimated to be £429k in reserves to allow for a proper running down.

A source of service funding ceases - Thurrock and Brentwood Mind has decided that it is necessary to keep a reserve of £272k for potential run-off and redundancy costs associated with any service where funding has ceased.

Investment in properties - Thurrock And Brentwood Mind own properties that are integral to the services provided to people experiencing emotional or mental distress.

The investment in properties is to enable services to remain sustainable in the long term.

The charity has commitments to long term mortgages and reserves have been designated to cover the historical cost carrying value less the outstanding mortgages. At 31 March 2024 the required Designated Reserve was £535k.

The level of reserves the trustees believe Thurrock and Brentwood Mind needs as at 31 March 2024 As set out above, Thurrock and Brentwood Mind has decided it needs reserves of circa £1,281k made up of the Designated Properties Fund of £535k and General Fund of £746k.

The unrestricted reserves at 31 March 2024 of £1,696k is in excess of the targeted reserves of £1,281k.

Monitoring and reviewing the reserves policy

This policy and financial detail will be reviewed annually by the Board of Trustees.

Page 6

THURROCK AND BRENTWOOD MIND

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024

STRATEGIC REPORT

Future plans

Future plans were considered in Thurrock and Brentwood Mind's Business Plan 2023-2026 to encompass the period ending on 31 March 2024. The plans were built on four strategic pillars, each with specific objectives. Highlights include:

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Thurrock and Brentwood Mind is a company limited by guarantee governed by its Memorandum and Articles dated 4 December 2019. It is registered as a charity with the Charity Commission. Anyone over the age of 18 can become a member of the charity, each of whom agrees to contribute £15 for an Organisational Membership, £5 for an individual.

Recruitment and appointment of new trustees

Thurrock and Brentwood Mind carries out its selection process of trustees following a process agreed by the Board of Trustees:

Stage 1

An information meeting is held with the Chief Executive Officer and/or Chair of the Board of Trustees with the following information given:-

If a volunteer wishes to proceed with becoming a trustee they have to complete and return their application form prior to election at the Annual General Meeting as below.

Stage 2

The Chair views applications received and if suitable, references are taken up and the person is informed of the nomination process.

Stage 3

A nomination form is completed giving a brief outline of relevant information and skills, and a proposer and a seconder is obtained. These forms need to be returned one week prior to the Annual General Meeting.

Page 7

THURROCK AND BRENTWOOD MIND

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024

STRUCTURE, GOVERNANCE AND MANAGEMENT

Stage 4

Nomination forms are taken forward for the election process at the Annual General Meeting.

All members of the Management Committee give their time voluntarily and received no benefits from the charity. Any expenses reclaimed from the charity are set out in note 9 to the accounts.

Induction and training of new trustees

Training opportunities are made available to trustees and specific training for specific roles is identified and a training log is kept for each trustee. The sources of training information are identified through the Charity Commission's newsletters, Thurrock Council for Voluntary Service and The National Association of Councils and Voluntary Services.

Outgoing trustees

The trustees are deeply saddened to report the passing of Pamela Wright and Nicholas Quish, and would like to express their sincere condolences to their families.

Risk management

The Executive Committee has conducted its own review of the major risks to which the charity may be exposed to and has set up systems to mitigate these risks. The organisation adopts a pro-active approach with a programme of risk management that aims to preserve its assets and reputation and to provide protection against preventable injury and loss to employees, volunteers, clients and the general public.

Organisational Management

An Executive Management Committee (Board of Trustees) consisting of trustees appointed at the Annual General Meeting runs the charity.

The organisation operates on the direction and oversight of this management team but employs a number of operating staff that undertakes the work involved in the running of the charity. A Chief Executive Officer (CEO) has overall responsibility for various projects that in turn have lead project managers. There is a Delegation of Authority Policy and Control Procedures in place.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number

05256793 (England and Wales)

Registered Charity number

1106452

Registered office

152 Bridge Road Grays Essex RM17 6DB

Trustees

J Lyons Chairperson D J Noble Mrs S A Lyons Mrs P Wright (resigned 14/12/2023) Mrs S M Lyons Mrs K Hunter S Brown N Quish (resigned 23/1/2024)

Senior Management

Mrs L Morgan Chief Executive Officer W Robertson Deputy Chief Executive Officer

Page 8

THURROCK AND BRENTWOOD MIND

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024

REFERENCE AND ADMINISTRATIVE DETAILS Company Secretary

Mrs S A Lyons

Auditors

Goldwyns Limited Statutory Auditors and Chartered Accountants Rutland House 90-92 Baxter Avenue Southend on Sea Essex SS2 6HZ

Solicitors

Aston Park Law, 9 Aston Park, Aston, Rowant, OX49 5SW

Bankers

Barclays Bank Plc, 9 High Street, Grays, Essex, RM17 6NL.

STATEMENT OF TRUSTEES' RESPONSIBILITIES

Statement of Committee Members'/Directors' Responsibilities

The Trustees (who are also directors of Thurrock and Brentwood Mind for the purposes of company law) are responsible for preparing the report of the Management Committee and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).

Company law requires the Management Committee 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 resources and application of resources, including the income and expenditure of the charitable company, for the year. In preparing these financial statements, the Management Committee are required to:

The Management Committee is responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable it to ensure that the financial statements comply with the Companies Act 2006. It is 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.

Statement as to Disclosure of Information to Auditors

So far as the committee members/directors are aware, there is no relevant audit information of which the charitable company's auditors are unaware, and each director has taken all the steps that he or she ought to have taken as a director in order to make himself or herself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

AUDITORS

The auditors, Goldwyns Limited, will be proposed for re-appointment at the forthcoming Annual General Meeting.

Page 9

THURROCK AND BRENTWOOD MIND

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024

Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, as the company directors, on 20 September 2024 and signed on the board's behalf by:

J Lyons - Trustee

Page 10

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF THURROCK AND BRENTWOOD MIND

Opinion

We have audited the financial statements of Thurrock and Brentwood Mind (the 'charitable company') for the year ended 31 March 2024 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement 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 (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company 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 charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees 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 Report of the Independent Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise 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 otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. 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:

Page 11

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF THURROCK AND BRENTWOOD MIND

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Trustees.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the Statement of Trustees' Responsibilities, the trustees (who are also the directors of the charitable company for the purposes of company law) 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 the trustees determine is necessary to enable the preparation of financial 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 charitable company'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 charitable company 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 a Report of the Independent Auditors 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.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud.

In order to address the risks of misstatements in respect of irregularities, including fraud, we have:

We therefore consider our audit approach has been sufficient to detect material irregularities, including fraud.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.

Page 12

REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF THURROCK AND BRENTWOOD MIND

Use of our report

This report is made solely to the charitable company'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 charitable company's members those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.

S T Blundell FCA (Senior Statutory Auditor) for and on behalf of Goldwyns Limited Statutory Auditors and Chartered Accountants Rutland House 90-92 Baxter Avenue Southend on Sea Essex SS2 6HZ

20 September 2024

Page 13

THURROCK AND BRENTWOOD MIND

STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2024

Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
Charitable activities
5
Mental health services
Charity shop
Rental income
Management and awareness
Other trading activities
3
Investment income
4
Total
EXPENDITURE ON
Charitable activities
6
Mental health services
Charity shop
Rental income
Management and awareness
Total
NET INCOME
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD		 Unrestricted
funds
£
23,279
3,991,691
52,263
92,417
35,550
37,421
16,386
4,249,007
3,904,224
75,149
74,137
59,758
4,113,268
135,739
1,559,913
1,695,652		 Restricted
funds
£
2,051
36,200
-
-
8,005
-
-
46,256
33,783
-
-
-
33,783
12,473
69,089
81,562		 2024
Total
funds
£
25,330
4,027,891
52,263
92,417
43,555
37,421
16,386
4,295,263
3,938,007
75,149
74,137
59,758
4,147,051
148,212
1,629,002
1,777,214		 2023
Total
funds
£
19,987
3,871,907
68,946
81,246
125,524
54,221
1,860
4,223,691
3,491,875
81,055
54,066
47,244
3,674,240
549,451
1,079,551
1,629,002

The notes form part of these financial statements

Page 14

THURROCK AND BRENTWOOD MIND

BALANCE SHEET 31 MARCH 2024

Notes
FIXED ASSETS
Intangible assets
12
Tangible assets
13
CURRENT ASSETS
Debtors
14
Cash at bank and in hand
CREDITORS
Amounts falling due within one year
15
NET CURRENT ASSETS
TOTAL ASSETS LESS CURRENT
LIABILITIES
CREDITORS
Amounts falling due after more than one year
16
NET ASSETS
FUNDS
20
Unrestricted funds:
General fund
Designated properties fund
Restricted funds
TOTAL FUNDS		 Unrestricted
funds
£
-
1,195,222
1,195,222
219,372
1,129,037
1,348,409
(179,446)
1,168,963
2,364,185
(668,532)
1,695,653		 Restricted
funds
£
-
-
-
5,200
78,961
84,161
(2,600)
81,561
81,561
-
81,561		 2024
Total
funds
£
-
1,195,222
1,195,222
224,572
1,207,998
1,432,570
(182,046)
1,250,524
2,445,746
(668,532)
1,777,214
1,160,968
534,685
1,695,653
81,561
1,777,214		 2023
Total
funds
£
-
1,200,634
1,200,634
71,291
1,173,367
1,244,658
(136,851)
1,107,807
2,308,441
(679,439)
1,629,002
999,274
560,639
1,559,913
69,089
1,629,002

The financial statements were approved by the Board of Trustees and authorised for issue on 20 September 2024 and were signed on its behalf by:

J Lyons - Trustee

The notes form part of these financial statements

Page 15

THURROCK AND BRENTWOOD MIND

CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2024

Notes
Cash flows from operating activities
Cash generated from operations
1
Net cash provided by operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Net cash used in investing activities
Cash flows from financing activities
Loan repayments in year
Net cash used in financing activities
Change in cash and cash equivalents
in the reporting period
Cash and cash equivalents at the
beginning of the reporting period
Cash and cash equivalents at the end
of the reporting period		 2024
£
111,887
111,887
(28,160)
(28,160)
(49,096)
(49,096)
34,631
1,173,367
1,207,998		 2023
£
1,027,441
1,027,441
(18,720)
(18,720)
(45,693)
(45,693)
963,028
210,339
1,173,367

The notes form part of these financial statements

Page 16

THURROCK AND BRENTWOOD MIND

NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2024

1. RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES OPERATING ACTIVITIES
2024 2023
£ £
Net income for the reporting period (as per the Statement of
Financial Activities) 148,212 549,451
Adjustments for:
Depreciation charges 33,571 29,243
Interest paid 45,757 28,260
Decrease in stocks - 300
(Increase)/decrease in debtors (153,281) 459,551
Increase/(decrease) in creditors 37,628 (39,364)
Net cash provided by operations 111,887 1,027,441

2.

ANALYSIS OF CHANGES IN NET FUNDS

Net cash
Cash at bank and in hand
Debt
Debts falling due within 1 year
Debts falling due after 1 year
Total		 At 1/4/23
£
1,173,367
1,173,367
(4,490)
(632,282)
(636,772)
536,595		 Cash flow
£
34,631
34,631
(4,052)
7,392
3,340
37,971		 At 31/3/24
£
1,207,998
1,207,998
(8,542)
(624,890)
(633,432)
574,566

The notes form part of these financial statements

Page 17

THURROCK AND BRENTWOOD MIND

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements 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 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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The charity is limited by guarantee and is incorporated in the UK.

The place of business is at the registered office which can be located in the trustees' report.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits 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 cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Intangible fixed assets

Amortisation is provided at the following annual rate in order to write off each asset over its estimated useful life.

Computer software - Straight line over 5 years

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property - Straight line over 15 years and Straight line over 50 years Improvements to property - Over remaining period of lease Fixtures and fittings - 50% on cost and 25% on cost Motor vehicles - 25% on cost

It is the charity's general policy to capitalise items costing over £250.

Taxation

HM Revenue and Customs have confirmed that the charity is exempt from Income and Corporation Taxes on its investment and trading income because of its charitable status and therefore no provision for taxation has been made in the financial statements.

Fund accounting

Restricted funds are grants and contracts awarded for specific purposes as laid down by the donor. Expenditure that meets these specific purposes is matched against grant income and allocated over the appropriate cost centres.

Unrestricted funds comprise other income received or generated for charitable purposes but which may be spent at the discretion of the Management Team.

Designated funds are those unrestricted funds that have been earmarked by the trustees for particular purposes.

Page 18

continued...

THURROCK AND BRENTWOOD MIND

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

1. ACCOUNTING POLICIES - continued

Operating leases

Rentals payable under operating leases are charged to the Statement of Financial Activities as incurred over the term of the lease.

Donated goods

Goods donated are included at their market value at the date of the donation.

2. DONATIONS AND LEGACIES

Donations
Subscriptions
3.
OTHER TRADING ACTIVITIES
Private counselling
Fund raising
Other
4.
INVESTMENT INCOME
Bank interest received		 2024
£
25,314
16
25,330
2024
£
10,205
22,859
4,357
37,421
2024
£
16,386		 2023
£
19,946
41
19,987
2023
£
23,586
18,224
12,411
54,221
2023
£
1,860

Investment income arises from money held in interest bearing bank accounts.

5. INCOME FROM CHARITABLE ACTIVITIES

Activity
Grants
Mental health services
Charity shop sales
Charity shop
Rent
Rental income
Grants
Management and awareness		 2024
£
4,027,891
52,263
92,417
43,555
4,216,126		 2023
£
3,871,907
68,946
81,246
125,524
4,147,623

Page 19

continued...

THURROCK AND BRENTWOOD MIND

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

6. CHARITABLE ACTIVITIES COSTS

CHARITABLE ACTIVITIES COSTS
Mental health services
Charity shop
Rental income
Management and awareness		 Direct
Costs
£
3,629,667
38,761
30,021
-
3,698,449		 Support
costs (see
note 7)
£
308,340
36,388
44,116
59,758
448,602		 Totals
£
3,938,007
75,149
74,137
59,758
4,147,051

7. SUPPORT COSTS

Governance
Management
costs
£
£
Mental health services
308,340
-
Charity shop
35,361
1,027
Rental income
43,316
800
Management and awareness
-
59,758
387,017
61,585
Support costs, included in the above, are as follows:
Management
2024
Mental
health
Charity
Rental
Total
services
shop
income
activities
£
£
£
£
Trustees' expenses
33
-
-
33
Hire of equipment
683
-
-
683
Rates and water
11,919
2,080
4,811
18,810
Insurance
16,759
443
3,339
20,541
Light and heat
15,287
1,765
13,071
30,123
Telephone
34,412
35
2,196
36,643
Postage and stationery
8,409
102
-
8,511
Advertising
694
-
-
694
Sundries
745
-
7
752
Rent of premises
1,200
25,147
-
26,347
Repairs and renewals
33,271
3,375
16,308
52,954
Recruitment
1,610
-
-
1,610
Information technology
98,565
-
3,120
101,685
Publications and
subscriptions
4,729
852
318
5,899
Financial charges
46,453
1,562
146
48,161
Depreciation of tangible
and heritage assets
33,571
-
-
33,571
308,340
35,361
43,316
387,017		 Totals
£
308,340
36,388
44,116
59,758
448,602
2023
Total
activities
£
-
683
13,550
21,454
30,583
35,927
10,133
2,747
619
27,408
54,232
1,237
75,369
8,088
31,139
29,243
342,412

Page 20

continued...

THURROCK AND BRENTWOOD MIND

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

7. SUPPORT COSTS - continued Governance costs

SUPPORT COSTS - continued
Governance costs
Auditors' remuneration
Accountancy and
bookkeeping
Legal costs and
consultation		 Charity
shop
£
-
-
1,027
1,027		 Management
Rental
and
income
awareness
£
£
-
6,780
-
31,200
800
21,778
800
59,758		 2024
Total
activities
£
6,780
31,200
23,605
61,585		 2023
Total
activities
£
6,660
31,200
23,036
60,896

8. NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2024 2023
£ £
Auditors' remuneration 6,780 6,660
Depreciation - owned assets 33,572 29,244
Hire of plant and machinery 683 683

9. 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.

Trustees' expenses

The charity reimbursed trustees with £33 for out of pocket expenses during the year (2023 - £nil).

10. STAFF COSTS

Wages and salaries
Social security costs
Other pension costs		 2024
£
2,793,248
272,367
67,498
3,133,113		 2023
£
2,470,372
243,012
58,889
2,772,273

The average monthly number of employees during the year was as follows:

Charitable activities and support staff
Senior management		 2024
96
2
98		 2023
90
2
92

Page 21

continued...

THURROCK AND BRENTWOOD MIND

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

10. STAFF COSTS - continued

The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was:

£70,001 - £80,000
£80,001 - £90,000		 2024
-
2
2		 2023
1
1
2

During the year, the total remuneration paid to key management personnel was £188,654 (2023 - £179,003).

11.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
19,987
Charitable activities
Mental health services
3,598,041
Charity shop
68,946
Rental income
81,246
Management and awareness
98,968
Other trading activities
54,221
Investment income
1,860
Total
3,923,269
EXPENDITURE ON
Charitable activities
Mental health services
3,173,612
Charity shop
81,055
Rental income
54,066
Management and awareness
47,244
Total
3,355,977
NET INCOME/(EXPENDITURE)
567,292
Transfers between funds
113,052
Net movement in funds
680,344
RECONCILIATION OF FUNDS
Total funds brought forward
879,568
TOTAL FUNDS CARRIED FORWARD
1,559,912		 Restricted
funds
£
-
273,866
-
-
26,556
-
-
300,422
318,263
-
-
-
318,263
(17,841)
(113,052)
(130,893)
199,983
69,090		 Total
funds
£
19,987
3,871,907
68,946
81,246
125,524
54,221
1,860
4,223,691
3,491,875
81,055
54,066
47,244
3,674,240
549,451
-
549,451
1,079,551
1,629,002

Page 22

continued...

THURROCK AND BRENTWOOD MIND

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

12. INTANGIBLE FIXED ASSETS

INTANGIBLE FIXED ASSETS
Computer
software
£
COST
At 1 April 2023 and 31 March 2024 7,690
AMORTISATION
At 1 April 2023 and 31 March 2024 7,690
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 -

13. TANGIBLE FIXED ASSETS

COST
At 1 April 2023
Additions
At 31 March 2024
DEPRECIATION
At 1 April 2023
Charge for year
At 31 March 2024
NET BOOK VALUE
At 31 March 2024
At 31 March 2023		 Freehold
property
£
1,075,938
-
1,075,938
155,210
17,972
173,182
902,756
920,728		 Improvements
Fixtures
to
and
property
fittings
£
£
315,035
132,447
-
28,160
315,035
160,607
38,352
129,225
11,322
4,278
49,674
133,503
265,361
27,104
276,683
3,222		 Motor
vehicles
£
8,700
-
8,700
8,699
-
8,699
1
1		 Totals
£
1,532,120
28,160
1,560,280
331,486
33,572
365,058
1,195,222
1,200,634

Included in cost of freehold property is land of £213,718 (2023 - £213,718) which is not depreciated.

14. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

Amounts recoverable on contract
Prepayments and accrued income		 2024
£
218,182
6,390
224,572		 2023
£
63,264
8,027
71,291

Page 23

continued...

THURROCK AND BRENTWOOD MIND

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

15. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Bank loans and overdrafts (see note 17)
Trade creditors
Social security and other taxes
Other creditors
Accruals and deferred income		 2024
£
8,542
79,229
63,739
18,469
12,067
182,046		 2023
£
4,490
27,464
63,610
26,109
15,178
136,851

Income relating to contracts for long term provision of services and projects is deferred and released when the services are provided. Income relating to assets is deferred and released over the useful life of the asset in the same proportion to the depreciation charge. Deferred income at the year ended 31 March 2024 was £47,157 (2023 - £50,672).

16. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

Bank loans (see note 17)
Accruals and deferred income
LOANS
An analysis of the maturity of loans is given below:
Amounts falling due within one year on demand:
Bank loans
Amounts falling between one and two years:
Bank loans
Amounts falling due between two and five years:
Bank loans
Amounts falling due in more than five years:
Repayable by instalments:
Bank loans		 2024
£
624,890
43,642
668,532
2024
£
8,542
8,542
25,626
590,722		 2023
£
632,282
47,157
679,439
2023
£
4,490
4,909
16,707
610,666

17. LOANS

Page 24

continued...

THURROCK AND BRENTWOOD MIND

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

18. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2024 2023
£ £
Within one year 1,200 21,200

19. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£ £
Bank loans 633,432 636,772

The bank loans are secured by a first legal charge over the charity's freehold properties.

20. MOVEMENT IN FUNDS

Unrestricted funds
General fund
Designated properties fund
Restricted funds
Crisis House Sanctuary Plus
Brentwood Wellbeing group
Sports England Grant
Youth Champion
Mind (NAMH)
Research Engagement Network
TOTAL FUNDS		 At 1/4/23
£
999,274
560,639
1,559,913
59,549
4,775
3,636
1,129
-
-
69,089
1,629,002		 Net
movement
in funds
£
135,740
-
135,740
8,337
(3,593)
(3,229)
2,357
6,000
2,600
12,472
148,212		 Transfers
between
funds
£
25,954
(25,954)
-
-
-
-
-
-
-
-
-		 At
31/3/24
£
1,160,968
534,685
1,695,653
67,886
1,182
407
3,486
6,000
2,600
81,561
1,777,214

Page 25

continued...

THURROCK AND BRENTWOOD MIND

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

20. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
Crisis House Sanctuary Plus
Brentwood Wellbeing group
Sports England Grant
Youth Champion
Mind (NAMH)
Research Engagement Network
TOTAL FUNDS		 Incoming
resources
£
4,249,007
25,001
2,050
-
8,005
6,000
5,200
46,256
4,295,263		 Resources
expended
£
(4,113,267)
(16,664)
(5,643)
(3,229)
(5,648)
-
(2,600)
(33,784)
(4,147,051)		 Movement
in funds
£
135,740
8,337
(3,593)
(3,229)
2,357
6,000
2,600
12,472
148,212

Comparatives for movement in funds

Unrestricted funds
General fund
Designated properties fund
Restricted funds
IMHA
Day Services Project
Stepping Stones
Carers Service
Thurrock Advocacy
PHB Assessments
Crisis House Sanctuary Plus
EPUT Wellbeing Calls
GP Wellbeing Calls
Digital Skills Training
Social Inclusion Groupworker
Brentwood Wellbeing group
Sports England Grant
Thurrock Wellbeing Group
Youth Champion
TOTAL FUNDS		 At 1/4/22
£
327,351
552,217
879,568
-
-
-
31,000
7,456
941
93,830
42,687
19,689
4,380
-
-
-
-
-
199,983
1,079,551		 Net
movement
in funds
£
567,293
-
567,293
11,465
65,936
(4,493)
8,492
(12,729)
(3,628)
(34,281)
(40,747)
(2,431)
-
(14,498)
4,775
3,636
(468)
1,129
(17,842)
549,451		 Transfers
between
funds
£
104,630
8,422
113,052
(11,465)
(65,936)
4,493
(39,492)
5,273
2,687
-
(1,940)
(17,258)
(4,380)
14,498
-
-
468
-
(113,052)
-		 At
31/3/23
£
999,274
560,639
1,559,913
-
-
-
-
-
-
59,549
-
-
-
-
4,775
3,636
-
1,129
69,089
1,629,002

Page 26

continued...

THURROCK AND BRENTWOOD MIND

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

20. MOVEMENT IN FUNDS - continued

Comparative net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
IMHA
Day Services Project
Stepping Stones
Carers Service
Thurrock Advocacy
PHB Assessments
Crisis House Sanctuary Plus
EPUT Wellbeing Calls
GP Wellbeing Calls
Social Inclusion Groupworker
Brentwood Wellbeing group
Sports England Grant
Thurrock Wellbeing Group
Youth Champion
TOTAL FUNDS		 Incoming
resources
£
3,923,269
11,520
67,181
-
135,777
59,386
-
-
-
1
-
9,930
9,890
-
6,737
300,422
4,223,691		 Resources
expended
£
(3,355,976)
(55)
(1,245)
(4,493)
(127,285)
(72,115)
(3,628)
(34,281)
(40,747)
(2,432)
(14,498)
(5,155)
(6,254)
(468)
(5,608)
(318,264)
(3,674,240)		 Movement
in funds
£
567,293
11,465
65,936
(4,493)
8,492
(12,729)
(3,628)
(34,281)
(40,747)
(2,431)
(14,498)
4,775
3,636
(468)
1,129
(17,842)
549,451

Page 27

continued...

THURROCK AND BRENTWOOD MIND

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

20. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General fund
Designated properties fund
Restricted funds
IMHA
Day Services Project
Stepping Stones
Carers Service
Thurrock Advocacy
PHB Assessments
Crisis House Sanctuary Plus
EPUT Wellbeing Calls
GP Wellbeing Calls
Digital Skills Training
Social Inclusion Groupworker
Brentwood Wellbeing group
Sports England Grant
Thurrock Wellbeing Group
Youth Champion
Mind (NAMH)
Research Engagement Network
TOTAL FUNDS		 At 1/4/22
£
327,351
552,217
879,568
-
-
-
31,000
7,456
941
93,830
42,687
19,689
4,380
-
-
-
-
-
-
-
199,983
1,079,551		 Net
movement
in funds
£
703,033
-
703,033
11,465
65,936
(4,493)
8,492
(12,729)
(3,628)
(25,944)
(40,747)
(2,431)
-
(14,498)
1,182
407
(468)
3,486
6,000
2,600
(5,370)
697,663		 Transfers
between
funds
£
130,584
(17,532)
113,052
(11,465)
(65,936)
4,493
(39,492)
5,273
2,687
-
(1,940)
(17,258)
(4,380)
14,498
-
-
468
-
-
-
(113,052)
-		 At
31/3/24
£
1,160,968
534,685
1,695,653
-
-
-
-
-
-
67,886
-
-
-
-
1,182
407
-
3,486
6,000
2,600
81,561
1,777,214

Page 28

continued...

THURROCK AND BRENTWOOD MIND

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

20. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
Restricted funds
IMHA
Day Services Project
Stepping Stones
Carers Service
Thurrock Advocacy
PHB Assessments
Crisis House Sanctuary Plus
EPUT Wellbeing Calls
GP Wellbeing Calls
Social Inclusion Groupworker
Brentwood Wellbeing group
Sports England Grant
Thurrock Wellbeing Group
Youth Champion
Mind (NAMH)
Research Engagement Network
TOTAL FUNDS		 Incoming
resources
£
8,172,276
11,520
67,181
-
135,777
59,386
-
25,001
-
1
-
11,980
9,890
-
14,742
6,000
5,200
346,678
8,518,954		 Resources
expended
£
(7,469,243)
(55)
(1,245)
(4,493)
(127,285)
(72,115)
(3,628)
(50,945)
(40,747)
(2,432)
(14,498)
(10,798)
(9,483)
(468)
(11,256)
-
(2,600)
(352,048)
(7,821,291)		 Movement
in funds
£
703,033
11,465
65,936
(4,493)
8,492
(12,729)
(3,628)
(25,944)
(40,747)
(2,431)
(14,498)
1,182
407
(468)
3,486
6,000
2,600
(5,370)
697,663

21. RELATED PARTY DISCLOSURES

During the year ended 31 March 2024 the charity received rental receipts of £6,239 from a trustee (2023 - £6,740).

22. PENSION COSTS

The charity operates defined contribution pension schemes. The assets of the schemes are held separately from those of the charity in independently administered funds. The pension cost charges representing contributions payable by the charity to the funds amounted to £67,498 (2023 - £58,889). At the balance sheet date contributions of £15,007 (2023 - £14,083) were outstanding.

Page 29