Company registration number= 05238037 Charity registration number= 1107182 MIND ABERysrH TRUSTEES. REPORT AND UNAUDITED FINANCIAL ATEmENTs FOR THE YEAR ENDED 31 MARCH 2025 PJE AccourtLts & AdvLsors Document Ref.. 4U2WW-T8BEJ-HWFOT-XM2TS
Mind Aberystwyth Contents Page Tnjstees, Report Independent Examiner's Report Statement of Financial Activities (including Income and Expendthre Account) Comparative Statement of Financial Activities (including Income and Expenditure Account) statement of Financial Position Notes to the Financial Statements 10-15 Document Ref.. 4U2WW-T8BEJ-HWFOT-XM2TS
Mind Aberystwyth Company No. 05238037 Trustees. Report For The Year Ended 31 March 2025 The trustees present their report arKI the financial statements for the year ended 31 March 2025. Objectives and Activities Aims and Objectives Nind Aberystwyth is one of a network of local Minds in Wales, working to improve the life of people affected by mentsl distress. We are an independent charity in our own right and we welcome the involvement of people who themselves experience mental health problems participating as Trustees, staff, volunteers or fund-raisers. Vision: We will not give up until everyone experiencing a mental health problem gets both support and respert. Our Mission: We provide advice and supwrt to empower anyone experiencing a mental health problem. We campaign to improve services, raise awareness and promote understanding. We work to create a better life for everyone with experience of mental distress including carers, family, friends and supporters. Goals: staying well: supporting people likely to develop mentsl health problems to stay well. Empowering Choice: for people who experience a mental health problem. to make informed choices about how they live and recover. Improving services and sUPPOrt: ensuring that people receive the appropriate services and support at the right time to help their recovery and to enable them to live with their mental health problem. Enabling social participation: opening the doors to people with experien of mental alth problems to enable them to participate fully in society. Removing inequality of opportunity: striving for equality of treatment for people who experien mental health concerns. Organisational excellence: making the most of our assets by building a culture of excellence. Public Benefit The Trustees consider how planned activities will contribute to the aims and objertives of working to create a better life for everyone with experience of mentsl distress by: advancing the views, needs and ambitions of people affected by mental distress (including carers, family, friends and supporters,. influencing policy through involvement in the planning. development and VIeW of local mentsl health services. challenging discrimination and promoting inclusion- developing quality services which reflett expSsed need and diversity. striving to Cate equal rights through the CatIon of opportunity. The trustees confirm that they have complied with the requirements of Section 17 of the Charities Act 2011 to have due regard to the Charity Commission's guidance on public benefit. Additional Note Objectives for 2025-26: To continue our collaborative work with local Mind organisations across West Wales and with Mind and Mind Cymru. To continue to work collaboratively with our partners and stskeholders across the county of Ceredigion- To develop and grow the range and spread of the services that we offer to our members and to the wider community,. To ensu our business development focus Inc0$e5 our ach to all those who experience mentsl dISt$$- To develop our sustainability and remove reliance U)n funding contracts from local government and health board. Achievements and Performance Page I Document Ref.. 4U2WW-T8BEJ-HWFOT-XM2TS
Mind Aberystwyth Trustees. Report (continued) For The Year Ended 31 March 2025 Main Achievements Core Ser¥ice We have continued to develop and grow our profile as an organisation as a key part of the community in Aberystwyth, in the county of Ceredigion and more widely across West Wales. In 2024 - 2025 our core services have cornpri5ed.. Tenancy Support Murn's Matter Wellbeing Support Cost of Living Service Plus additional signposting and ad-hoc support to the community as-needed Over the past year we have.. continued to work flexibly to ensure that the people of Ceredigion receive comprehensive and quality services through several platforms including face to face, telephone, post and virtual platfomis. We continue to publish our newsletter via our mailing list and via post for those who don't have access to digital copies,. enhanced the quality of our operational performan, financial management and govemance; we are utilising our robust outcome measures across all areas of seiCe delivery that demonstrate the lasting, positive impact of our work. we continue to being able to offer face to face sessions for our service users which has had a positive impact on those who prefer to meet in person rather than online- we continue to be based in the Cent of town and finding it beneficial to stsff and Servi users alike. We have continued to run our activities and some support sessions in local buildings {Arad Goch and St Paul's- as well as more non-tradib.onal venues such as public houses or coffee shops. This has enabled us to build partnerships with other local organisations and community stakeholders. We have tried to make this transition as smooth as possible for the individual ensuring that we are listening to their views about these changes- we have established networks with the University and attendedlsupported some of their events - Wellbeing promotion, as well as Volunteer Fair,. we have strong strotegic relationships with local service commissioners and stakeholders and across the Mind neOrk in Wales, including engagement with One Mind in Wales; continued to develop closer working links with the local Mind groups within the Hywel Dda Health Board area (Mind Pembrokeshire, Mind Carmarthen and Llanelli Mind). we are continuing plans to rebrand as Mind Ceredigion have been wod(ing on developing our network acmss Ceredigion so that we can provide ServIS across the county. Throughout the year we have been fortunate to continue to ceIve donab.ons from a wide range of local community-based organisations as well from individuals, in memory of much missed loved ones. We remain appreciative of all the support that we a given. We have continued to work closely with and enjoy the support of PobllGwalia ca and Support, the Welsh Govemment, Ceredigion County Council Supporting People and Social Services Teams, Hywel Dda University Health Board, Ceredigion Association of Voluntary Organisations, WWAMH, Ceredigion Care Society, Aberystwyth Cib"zens Advice, Barod, the local Community Mental Health Team, the local Crisis Resolution Team, the local Prirnary Care Medical Health Team, Jobcentre Plus, Hafal, Citizens Advice, STEPS Training, The Ty Glyn Davies Trust, Coed Lleol, The Hafod Trust. Aberystvryth University. Aber Food Surplu5 and The Wallich. Financial Review Financial Position The results of the charity are shown in the Statement of Financial Artivities. The net resources of unrestrirted funds amounted to a net movement of £-13,655 (2024 - £-5,529). The reserves of the charity at the year-end amounted to £305,548) 12024'.£328,058) in unrestrirted funds. Page: Document Ref.. 4U2WW-T8BEJ-HWFOT-XM2TS
Mind Aberystwyth Trustees. Report (continued) For The Year Ended 31 March 2025 Reserves Policy Principal Funding Sources Our principal funding sources remained the Welsh Government. through funding diretted to us via Hywel Dda University Health Board, Ceredigion County Council through the Housing Support Grant Programme {formedy the Supporting People Programme), directed to us via our sub-contracting arrangement for delivery with Pobl/Gwalia Care and Support. Investment Policy Most of the charity's funds are to be spent in the short terrn, and the Eoard takes the view that those 0t required to be spent should be held as reserve placed in a readily accessible. interest-bearing bank or building society deposit account. Reserves Policy and Going Concern The Board has examined the charity's requirements for reserves in light of the main risks to the oryanisation. It has established a policy whereby the unrestricted fvnds not committed or invested in tangible fixed assets held by the charity should be between three and six months core expenditure. The Board has also considered how, in the event of any funding S)rt[all, existing artivities and expenditure could be curtailed without prejudicing the charity's core service. During 2024125 the charity operations continue to be restrurtured in light of these considerations. On the basis of this, a recruitment drive has begun for new trustees and a new Chair for the board. structure, Governance and Management Governing Document The organisation is a charitable company limited by guarantee. incorporated on 22 September 2004 and registered as a charity on 9 December 2004. The company was estsblished under a Memorandum of Association which established the objects and powers of the charitable company and is governed under its Article5 of Association. Membershipi Recruitment and Appointment of Board The Trustees have established a single class of rnembership. for individuals suffering from wnental distress and their carers, family, friends and supporters. Members of the cornpany guarantee to contribute an amount not exceeding £10 to the assets of the company in the event of winding up. The Trustees, who are also the directors and officers of the company, constitute its Board. The Board meets quarterty and officers are available for consultation by staff, individually and collectively, in the interim betheen meetings. At each annual general meeting (AGM), one third of the Trnstees retire by rotation but can stand for re-elettion. Trustees are appointed by election at each AGM, being proposed by Trustees or members. During the year Trustee vacancies may be filled and additional appoinlrnents may be made by the Trustees, with such Trustees holding ofFice until the following AGM. Trustee Recruitment, Induction and Training As an organisation we work proactively to seek out new Trustees with the skills. experience and diversity to reflect the communities in which we work. All prospective trustees are asked to complete a skills audit to allow us to assess the contributions they may be ble to make to the existing Trustee Board. We provide prospective Trustees with comprehensive information to help them understand the charity and responsibilities of becoming a Trustee. Prospective candidates will be interviewed by the chair and Chief Executive and wnay then be invited to attend a board meeting as an observer. Appointments will be subject to the vote in a Prt)ard meeting. Prior to appointment we ask that prospective Trustees make clear that they- understand and accept the role and legal responsibilities of being a Trustee where those actions will be governed by charity and company law,. are able to commit sufficient time to being a Trustee,. are willing to become a member of Mind Aberystwyth,. accept the Mission, Aims and Objectives of Mind Aberystwyth. We follow this up with an indurtion process to ensure that new Trustees have the opportunity to familiarise themselves with the organisation and the context within which it works. The indurtion process is managed by the Chair of the Board of Directors. Organisational Structure ..CONTINUED Page 3 Document Ref.. 4U2WW-T8BEJ-HWFOT-XM2TS
Mind Aberystwyth Trustees. Report (continued) For The Year Ended 31 March 2025 Governing Document- continued The Board delegates day-to-day management of the charity to a Chief Executive. who allocates within the Management Team key sponsibilities for core service delivery, service development, oversight of HR processes and procedures, Health and Safety, training nd stsff developmenv supervisionl appraisal. financial planning and administration. volunteer development and eststes management. Risk Management The Board regularly monitors significant risks to which the oryanisation is exposed and conducts an annual review. Where appropriate, systems or procedures are in place to tnitigate the risks the oryanisation faces. Extemal risks to funding are managed through close budget scrutiny and planning and the development of a strategic plan, which will examine financial sustainability. Internal financial risks are minimised by the implementation of policy and procedures for authorisation of all transactions and budget spends. Procedures are in place to assure the health and safety of staff, volunteers. members and visrtors to Mind Aberystwyth. The organisation participates in the Mind Quality Review {MQM) process. to provide assurances in relats'on to consistent levels of quality across all areas of the organisation's activities. The MQM was cor)durted in September 2023, producing a report alongside any actions that are required to ensure consistent quality of service delivery across Health and Safety, Finances, Governing DocLJments and Contrartual Compliance. This is an ongoing process. MQM was successftjlly awarded to Mind Aberystwyth in January 2025. Reference and Administrative Detsils Trustees D Wilson-Lewi5 J Williams S BathUt M Pascoe K Sinnett-jones R Hughes - Chair (appointed 2810412025) Charity Number 1107182 Company Number 05238037 Principal Address 8 Great Darkegate Steet 1st Floor Aberystwyth Ceredigion SY23 IDE Registered Office CIO The Old Convent, PJE Accountants and Advisors Llanbadarn Road Aberystwyth Ceredigion SY23 IEY Independent Examiner Catrin Skelton ACCA PJE Accountants & Advisors 23 College Street Lampeter Ceredigion SA48 7DY Page 4 Document Ref.. 4U2WW-T8BEJ-HWFOT-XM2TS
Mind Aberystwyth Trustees. Report (continued) For The Year Ended 31 March 2025 Small Company Rules This report has been prepared in accordance with the special provisions lating to companies subject to the small companies regime within Part 15 of the Companies Act 2006. The trustees, report was approved by the board of trustees and signed on its behalf by= R Hughes Trustee 2810112026 Page i Document Ref.. 4U2WW-T8BEJ-HWFOT-XM2TS
Mind Aberystwyth Independent Examiner's Report to the Trustees of Mind Aberystwyth For The Year Ended 31 March 2025 I report to the charity trustees on my examination of the accounts of the Cownpany for the year ended 31 March 2025. Responsibilities and Basis of Report As the charity trustees of the Company (and also its directors for the purpos of company law), you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Att 2006 fthe 2006 Act"). Having satisfied myself that the accounts of the Company are not to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 2011 Act,). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145151 {b) of the 2011 Act. Independent Examiner's Statement Since the Company's gross income exceeded £250,000 your examiner must be a member of a body listed in sertion 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because I am a member of The Association of Chartered Certified Accountants, which is one of the listed bodies. I have completed my examination. I confirm that no matter5 have cowne to my attention in connection with the examination giving me cause to believe.. ccounting records were not kept in respert of the Company as required by section 386 of the 2006 Act,. or the accounts do not accord with those records,. or the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view. which is not a matter considered as part of an independent examination,. or the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended prartI for 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 (FRS 102). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Catrin Skelton ACCA 2810112026 23 College Street Lampeter Ceredigion SA48 7DY Page 6 Document Ref.. 4U2WW-T8BEJ-HWFOT-XM2TS
Mind Aberystwyth statement of Financial Artivities (including Income and Expenditure Account) For The Year Ended 31 March 2025 2025 2024 Unrestricted Restricted funds funds Totsl funds Total funds Notes INCOME AND ENDOWMENTS FROM: Donations and legacies Charitable activities.. Charitable Activites Investments 3,788 26,155 29,943 23,885 269,374 6,655 269,374 6,655 271,745 7,766 279.817 26,155 305,972 303,396 EXPENDITURE ON: Charitable attivities.. Charitable Activites (306,298) {13,329) (319,627) {308,924) (306,298) {13,329) (319,627) (308,925) EXPENDITURE (26,481) 12,826 (13,655) {5,529) NEf MOVEMENT IN FUNDS (26,4811 12,826 (13,655) {5,529) RECONCILIATION OF FUNDS: Total funds brought forward 332,029 1,528 333,557 339,086 TOTAL FUNDS CARRIED FORWARD 16 305,548 14,354 319,902 333,557 The notes on pages 10 to 15 fomi part of these financial statements. Page 7 Document Ref.. 4U2WW-T8BEJ-HWFOT-XM2TS
Mind Aberystwyth Comparative Statement of Financial Activities (including Income and Expenditure Account) For The Year Ended 31 March 2025 2024 Unrestricted Restricted funds funds Total funds Notes INCOME AND ENDOWMENTS FROM: Donations and legacies Charitable activities.. Charitable Activites Investments 18,523 5,362 23,885 271,745 7,766 271,745 7,766 298,034 5,362 303,396 EXPENDITURE ON: Charitable attivities.. Charitable Activites (294,063) (14,862) {308,924) (294,063) (14,862) (308,925) EXPENDITURE 3,971 (9,500) {5,529) NEf MOVEMENT IN FUNDS 3,971 (9,500) {5,529) RECONCILIATION OF FUNDS: Total funds brought forward 328,058 11,028 339,086 TOTAL FUNDS CARRIED FORWARD 16 332,029 1,528 333,557 The notes on pages 10 to 15 fomi part of these financial statements. Page 8 Document Ref.. 4U2WW-T8BEJ-HWFOT-XM2TS
Mind Aberystwyth statement of Financial Position As At 31 March 2025 2025 2024 Unrestricted Restricted funds funds Totsl funds Total funds Notes FIXED ASSETS Tangible Assets li 900 900 1,200 900 900 1,200 CURRENT ASSETS Debtors Cash at bank and in hand 12 3,000 351.049 3,000 369,916 18,867 377,405 354,049 18,867 372,916 377,405 Creditors: Amounts Falling Due Within One Year 13 {49,401) (4,513) (53,914 ) {45,048 ) CURRENT ASSETS (LIABILITIES) 304,648 14,354 319,002 332,357 TOTAL ASSETS LESS CURRENT LIABILITIES 305,548 14,354 319,902 333,557 ASSETS 305,548 14,354 319,902 333,557 FUNDS OF THE CHARITY Restricted Funds Unrestricted Funds 14,354 305,548 1,528 332,029 TOTAL FUNDS 16 319,902 333,557 For the year ending 31 March 2025 the charitsble company was enb.ued to exemption from audit under section 477 of the Companies Att 2006 relating to small companies. The members have not required the charitable company to obtsin an audit in accordance with section 476 of the Companies Act 2006. The trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting CordS nd the preparation of accounts. These accounts have been prepared in accordan with the provisions applicable to companies subject to the small companies regime. On behalf of the board R Hughes TrLJStee 2810112026 The notes on pages 10 to 15 fomi part of these financial ststements. Page 9 Document Ref.. 4U2WW-T8BEJ-HWFOT-XM2TS
Mind Aberystwyth Notes to the Financial Statements For The Year Ended 31 March 2025 l. General Information Mind Aberystwyth is a company limited by guarantee. incorporated in England & Wales, registered number 05238037 and registered charity number 1107182. The registered office is CIO The Old Convent. PJE Accountsnts and Advisors, Llanbadarn Road, Aberystwyth, Ceredigion, SY23 IEY. 2. Accounting Policies 2.1. Basis of Preparation of Financial Statements The financial statements have been prepared in accordance with the Charities SORP (FRS 102) "Accounting and Reporting by Charities.. Statement of Recommended Prartice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019)" Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The charitable company is a Public Benefit Entity as defined by FRS 102. 2.2. Incoming Resources All incoming resources are included in the statement of financial activities when entitlement has passed to the charity. it is probable that the economic benefits associated with the transartion will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income: income from donations or grants is cogniSed when the is evidence of entitlement to the gift, receipt is probable and its amount can be MeaSud reliably. legacy income is recognised when receipt is probable arKI entidement is established. income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when CeiVed if the value can be reliably measUd. No amounts a included for the contribution of general volunteers. income from contracts for the supply of services is recognised with the delivery of the contracted servi. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and retumed if unspent, in which case it may be regarded as restricted. 2.3. Resources Expended All incoming resources a included in the statement of financial activities when entitlement has passed to the charity. it is probable that the economic benefits associated with the transartion will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income.. income from donations or grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably. legacy income is cOgnised when ceipt is probable arKI entiuement is estsblished. income from donated goods is measureij at the fair value of the go(xJs unless this is impractical to measure reliablyi in which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and services are recognised in the accounts when reiVed if the value can be reliably measured. No amounts are included for the contribution of general volunteers. income from contracts for the supply of servi5 is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for it to be spent on a particular purpose and tUMed if unspent, in which case it may be 90rded as restritted. 2.4. Tangible Fixed Assets and Depreciation Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases: Fixtures & Fittings 25% reducing balance Pagc 10 Document Ref.. 4U2WW-T8BEJ-HWFOT-XM2TS
Mind Aberystwyth N¢)tss to the Financial Statements {continued) For The Year Ended 31 March 2025 2.5. Cash and Cash Equivalents Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-temi highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value. and bank overdrafts. 3. Income from Donations and Legacies 2025 Total funds Unrestricted Restrirted funds funds Donations and gifts Grants 3,788 3,788 26,155 26,155 3,788 26,155 29,943 2024 Total Unrestricted Restricted funds funds funds Donations and gifts Grants 13,641 4,882 13,641 10,244 5,362 18,523 5,362 23,885 4. Investment Income 2025 2024 Unrestricted Unrestricted funds funds Bank InteSt Ceiv3b1e 6,655 7,766 5. Net Income/(Expenditure) The net expenditure is ststed after Charging/{Clting). 2025 2024 Depreciation of tangible fixed assets - owned 300 401 6. Analysis of Expenditure 2025 Activities undertaken directly Support costs (See note 7 ) Total Charitable Activites 229,223 90,404 319,626 229,223 90,404 319,627 Pagc 11 Document Ref.. 4U2WW-T8BEJ-HWFOT-XM2TS
Mind Aberystwyth N¢)tss to the Financial Statements {continued) For The Year Ended 31 March 2025 2024 Activities undertaken directly Support Costs (see note 7 ) Total Charitable Activites 232,473 76,452 308,924 232,473 76,452 308,925 7. Support Costs 2025 Charitable Activites Total Employee costs Premises expenses General administrab.on Govemance costs 295 22,000 35,954 32,155 295 22,000 35,954 32,155 90,403 90,404 2024 Charitable Activites Total Employee costs Premises expenses General administration Govemance costs 55 55 29,849 34,515 12,033 29,849 34,515 12,033 76,451 76,452 8. Independent Examiner's Remuneration 2025 2024 Independent examination of the financial statements 2,400 2,400 2,400 2,400 Pagc 12 Document Ref.. 4U2WW-T8BEJ-HWFOT-XM2TS
Mind Aberystwyth N¢)tss to the Financial Statements {continued) For The Year Ended 31 March 2025 9. Staff Costs Staff costs were as follows.. 2025 2024 Wages and salaries Social security costs Other pension costs 206,335 9,155 3,743 211,820 10,894 3,590 219,233 226,304 No employees received employee benefits (excluding employer pension costs) for the re)rtIng period of more than £60,000. 10. Average Number of Employees Average number of employees during the year was: 9 (2024: 7) 11. Tangible Assets Fixtures & Fittings Cost As at l April 2024 21,825 As at 31 March 2025 21,825 Depreciation As at l April 2024 Provided during the period 20,625 300 As at 31 March 2025 20,925 Net Book Value at 31 March 2025 900 As at l April 2024 1,200 12. Debtors 2025 2024 Due within one year Other debtors 3,000 13. Creditors: Amounts Falling Due Within One Year 2025 2024 Trade cdItorS Taxation and social security Accruals and deferred income 13,855 3,460 36,599 1,371 5,307 38,370 53,914 45,048 Pagc 13 Document Ref.. 4U2WW-T8BEJ-HWFOT-XM2TS
Mind Aberystwyth N¢)tss to the Financial Statements {continued) For The Year Ended 31 March 2025 14. Deferred Income Deferd income movements in the year We as follows= 2025 2024 Balance at the start of the period Income deferred in the current period Amounts released in income from previous periods 35,970 36,599 (35,970) 35,970 Balance at the end of the period 36,599 35,970 15. Pension Commitments The charitable company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the charitable company in an independently administered fund. During the year the charge to the statement of financial activities in respect of defined contribution schemes was £3,743 12024.. £3,590). At the statement of financial position date contributions of £850 (2024.. £790) were due to the fund and are included in creditors. 16. Movement in Funds As at l April 2024 Asat31 Expenditure March 2025 Income Unrestricted funds General.. General unrestrirted fund Wanless (Health Board Sessions) Supporting People Ad Hoc Funding Active Monitoring 42,693 34,331 149,415 47,559 9,911 10,443 127,719 141,655 {42,324) (124,740) (139,234) 10,812 37,3 10 151,836 47,559 9,911 283,909 279,817 (306,298) 257,428 Designated.. Future Projects 48,120 48,120 Total unrestricted funds 332,029 279,817 (306,298) 305,548 Restricted funds Mums Matter 1.528 13,536 12,619 (13,329) 1,735 12,619 Cost of Living Project Total restricted funds 1.528 26,155 {13,329) 14,354 Total funds 333,557 305,972 (319,627) 319,902 Pagc 14 Document Ref.. 4U2WW-T8BEJ-HWFOT-XM2TS
Mind Aberystwyth N¢)tss to the Financial Statements {continued) For The Year Ended 31 March 2025 As at l April 2023 Asat31 Expenditure March 2024 Income Unrestricted funds General.. General unrestricted fund Wanless Supporting People Ad Hoc Funding Active Monitoring 62,616 34,331 125.961 56.237 793 105.703 (125,626) 42,693 34,331 149,415 47,559 9,911 140,291 4,882 47,158 (116,837) (13,560) {38,040) 279,938 298,034 (294,063) 283,909 Designated.. Future Projects 48,120 48,120 Total unrestricted funds 328.058 298,034 (294,063) 332,029 Restricted funds Side by Side Ad Hoc Funding Resilience Hub 1.150 900 8.978 (1,150) (1,250) (9,478) (2,984) 350 500 4.512 Mums Matter 1,528 Total restricted funds 11,028 5,362 {14,862) 1,528 Total funds 339,086 303,396 (308,925) 333,557 17. Transactions Wlth Trustees During the year the expenses reimbursed to the trustees or paid direttly to third parties were as follows: 2025 2024 18. Company limited by guarantee The company is limited by guarantee and has no share capital. Every member of the company undertakes to contribute to the assets of the company. in the event of a winding up, such an amount s may be required not exceeding £1. Pagc 15 Document Ref.. 4U2WW-T8BEJ-HWFOT-XM2TS
CERTIFICATE of SIGNATURE REF NUI,1BER 4U2WW-T8BEJ-HWFCYT-XM2TS DOCUMENT COI.IPLETED BY 4LL PARTIES ON 28 JAN 2026 21..23..16 TYTC SIGNER TIMESTAMP SIGNATURE RICHARD HUGHES SENT 28 JAN 2026 09:57:18 TRUSTEE. RIeHARDeEllRySTWYTll. ORG 28 JAN 2026 19:46:21 RteAar6/1fv Ir DERE9- 28 JAN 2026 21=23.16 82.17.215.121 LOCATICN CAPDIFF. UNITED KThGDCt RECIPIENT VERIFICATION 28 JAN 2026 19:46:21 igned with PandaDoc PACEIOFI