2023-03-31-accounts - Havering Mind

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

		Page
Chairman's Statement
Report ofthe Trustees	2	to	14
Report ofthe ludepeudent Auditors	15	to	17
Statement ofFinancial Activities		18
Balance Sheet		19
Cash Flow Statement		20
Notes to the Cash Flow Statement		21
Notes to the Financial Statements	22	to	30
Detailed Statement of Fiuancial Activities	31	to	32

Within this project, participants are offered:
- A friendly one to one appointment to complete	a Recovery		Star assessment		and to discuss		suppoit		needs	and
opporhniities Access to the Ways to Wellbeing course where	we share	tips	for managing		stress and improving			resilience,		good
sleeping practices, as well as learning relaxation skills, Mindfulness, - Access to the Link course where we share the	peer skills, importance	Qvc ways to wellbeing of connecting with				and confidence building nature, walk and talk,			practicing
Mindfulness, Mood and Food, being kind to yourself, problem solving,		opportunities		to	connect with your		local community,
discovering volunteering
opportunities, and creating a personalised wellbeing plan
- Signposting and warm transfer to other relevant services
"Icame to Mind when I was at my worst and			being part	of this		project, has had		a major impact
on my life I feel like I'm on
the journey back to being me again",
"Ithas given me the confidence to	try new things;		Ijoined a games			group which I wouldn't			have	done
without the support
and encouragemcnt I received from	accessing	this	group"
'Tm now looking forward and I believe things		can	get better."

Designated Project					Funding
Winding up ofcharity (3 Stalf salaries inflationary		months increase	operating	costs)	175,000 64,000
Office refurbishment	and	capital investment			30,000
Live aBetter Life Project					15,000
Gateway project					15,000
Requirement					338,000
Undesignated reserves	deficit				f.10,581

					31.3,23	31.3.22
			Unrestiicted	Restricted	Total	Total
			funds	funds	funds	fiinds
		Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies			35,716		35,716	36,934
Charitable activities
Client services			262 871	S76)007	1)138)S78	734360
Other trading activities		3	248&517		248,517	199,019
Investment income		4	1,727		l&727	451
Gain on sale oftangible	fixed assets	9	4448		4448
Total			553,279	876 007	1,429 286	970 764
EXPENDITURE ON
Raising funds			173&404	86,822	260,226	176,373
Charitable activities
Client services			238,045	836,028	1,074,073	651,748
Other		8	22 633		22 633	16404
Total			434 082	922 850	I 356932	844 525
NET INCOMIII'~IENDITURE) Transfers between funds		16	119,197 ~77 631)	(46,843) 77631	72/54	126239
Net movement in funds			41,566	30)78S	7?$54	126,239
RECONCILIATION	OF FUNDS
Total funds brought forward			312,043	176,343	488,386	362,147
TOTAL FUNDS CARRIED FORWARD			353 6119	207131	560740	488 386

		Balance Sheet	Balance Sheet
		31	March 2023
					31.3.23	31,3,22
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
		Notes
FIXEDASSETS
Tangible assets		13	5)028		5,028	7,575
CURRENT ASSETS
Debtors: amounts Cash at bank and	falling due within one year in hand	14	30,246 493807	6,932 352 522	37,178 846329	217,282 514575
			524,053	359,454	883,507	731,857
CREDITORS
Atnounts falling due within one year		15	(175,472)	(152,323)	(327,795)	(251,046)
NE)T CURRENT	ASSETS		348581	207131	555712	480811
TOTAL ASSETSLKSS CURRENT
LIABILITIES			353,609	207)131	560,740	488,386
NET A.SSETS			353609	207 131	560740	488 386
FUNDS		16
Unrestricted funds:
General fund					353&609	312,043
Restricted funds					207 131	176343
TOTAL FUNDS					560740	488 386

	Cash Floiv St for the Year Ended	atement 31 March 2023
		31.3.23	31.3.22
	Notes
Cash flows froiu operating activities Cash generated fiom operations		324 927	144 729
Net cash provided by operating activities		324 927	144729
Cash flows fi'om invest1ng activities Purchase oftangible fixed assets			(2,71&)
Sale oftangible fixed assets Interest received		5)100 1727	451
Net cash provided by/(used in) investing	activities	6827	~2267)
Change in cash and cash equivalents the reporting period	in	331)754	142,462
Cash and cash equivalents at the beginning ofthe reporting period		514575	372 113
Cash and cash equivalents at the eud the reporting period	of	646329	514575

RECONCILIATION OF NKT INCOME TO NET CASH FLOW FROM O ACTIVITIES	PERATING
	31.3.23	3l.3.22
Net income for the reporting period (as per the Statement ofI4'inancial Activities)	72,354	l26,239
Adjustments for: Depreciation charges Profit on disposal offixed assets Interest received	1,895 (4,448) (1,727)	7,829 (451)
Decrease/(increase) in debtors Increase in creditors	180,104 76749	(158,555) 169667
Net cash provided by operations	324 927	144729

ANALYSIS OF CHANGES IN NKT FUND	S
	At 1,4,22	Cash flow	At 31.3.23
Net cash Cash at bank and in hand	514575	331754	846 329
	514575	331754	846 329
Total	514575	331754	846 329

Depreciation is provided at life.	the following annual rates in o
Plant and machinery	33%on cost
Fixtures and fittings	25%on reducing balance
Motor vehicles	25% on reducing balance
Computer equipment	25%on reducing balance

	DONATIONSANDLEGACIES
	.			31.3.23	31.3.22
	Other income			5,461	7775
	Donations			30,255	24,159
	Legacies				5,000
				~35 716	~36 934
3.	OTHER TRADING ACTIVITIES			31,3.23	3L3.22
				f.
	Fundraising events			248 517	199,019
4.	INVKSTiirIKNT INCOME			31.3.23	31.3,22
					E
	Deposit account interest			~1727	451
5.	INCOlVIK FROM CHARITABLE ACTIVITIES			313.23	31.3.22
	Grants Activity Chent services			1 138878	734360
	Grants received, included in the above, are	as	follows:	31.3.23	31.3.22
	Garfield %eston			30,000
	Lottery - Sustainable Building Capabilities Project London Borough ofHavering -Social Inclusion London Borough ofHavering -Peer Support London Borough ofHavering -Telephone triage service London Borough ofBarking and Dagenham -Hoarding project BHRUT CCG - Meaningful activities BigLottery Fund Grant - Live a Better Life Lloyds Bank - Peer support Meaning&i Activities Pathway CAMHS Ready for Adulthood London Community Fund Emergency Covid Funding - fiom numerous charities and foundafions London Borough ofBarking and Dagenham - Counselling service MIND - Suicide prevention Tapestry - Social prescriber Tudor Tmst - Gateway			83,562 76,519 44,500 51,701 54,428 42,744 19,367 30000	39,871 40,008 53,260 49,000 50,241 93,016 5,500 l7,750 5,309 l3,800 10,000 25,646 36,808 15000
	Cairied fonvard			432,821	455,209

	Notes to the Financial Statements -continued for the Year Ended 31March 2023	Notes to the Financial Statements -continued for the Year Ended 31March 2023
5.	INCOME FROM CHARITA. BLKACTIVITIES -continued		31.3.23	31.3,22
	Brought forvt ard DWP -Economical Wellbeing Project Bulldog - Peer support HBD - VIP project funded by UCL BHRUT CCG -Mum's matter Community reconnection service London Borough ofBarking and Dagenham London Borough ofBarking and Dagenham London Borough ofHavering -NELFT Peer Peoples Health Trust - LININGS London Borough ofBarking and Dagenham RFA/PSG	—Mums Matter -NELFT Peer Support Support - Pause2Start	432,821 41,111 9,596 5S,S80 91,392 114,000 103,492 151,813 1,500 55,134 73,139	455,209 29,369 4,499 9,000 22,500 103,287 28,500 35,332 46,664
	London Borough ofHave&ing - Ukrainian Project		6000
			1 138078	734 360
6.	RAISING FUNM
	RAISING DONATIONS AND LEGACIES
	Fundnising costs comprise:—		31.3,23	31.3,22
	Salaries Fundraising expenses External fundraiser		31,052 142,352 &6822	25,317 108,790 42266
			260 226	176373
7.	CHARITABLE ACTIVITIES COSTS			Direct
				Costs
	Client services			1074 073

8.	SUPPORT COSTS			Governance
		Management	Finance	costs	Totals
	Other resources expended	~14 657	~1076	~6900	~22 633
	Support costs, included in	the above, are as follows;		313.23	31.3,22
				Other
				resources	Total
				expended	activities
	Wages Independent examination Bank charges Auditors' remuneration			14,657 1,076 ~6900	13,175 2,303 926
				~22 633	~16 404
9.	NKT INCOME/(EXPENDITURE)
	Net income/(expenditure)	is stated after charging/(crediting),
				31.3.23	31.3.22
	Auditors' remuneration Depreciation -owned assets Surplus on disposal of lixed assets Independent examination			6,900 1,895 (4,448)	7,829 ~2040

	COSTS
1.	STAFF4								31.3.23	31.3,22
									f.
	Wages and salaries Social security costs Other pension costs								923,289 70,236 16,362	549,999 40,392 7 630
								3	009 087	598,023
	The total remuneration	ofkey management		personnel		amounted	to 862,474 (2022;	f50,187).
	The average monthly	number ofemployees		during	the year was		as follows;
									31.3.23	31,3.22
	Chiefexecutive Direct charitable work								1 48 1	I 25 I
	Administration								1	I
	Fundraising
									51
	The number ofemployees whose employee			benefits		(excluding	employer pension	costs) exceeded		f60,000was:
									31.3.23	31.3,22
	f.60,001 - 870,000								1
12,.	COMPARATIVES	FOR THE STATEMENT			OFFINANCIAL ACTIVITIES Unrestricted				Restricted	Total
							funds		funds	funds
	INCOME AND ENDOWMENTS Donations and legacies		FROM				36,934			36,934
	Charitable activities Client services						l46,201		588,159	734,360
	Other trading activities Investment income						l99,019 45l			199,019 451
	Total						382,605		588 U9	970764
	EXPENDITURE ON Raising funds						l34,107		42,266	l76,373
	Charitable activities Client services						205,421		446,327	651,748
	Other						[6404			36404
	Total						355 932		488 593	844,525
	NET INCOME Transfers between	funds					26,673 (5,760)		99,566 5,760	126,239

			for the Year E	nded 31 Mai'ch 2	023
12.	COMPARATIVES FORTHE		STATEMENT	OF FINANCIAL	ACTIVITIES	-continued
					Unrestricted	Restricted	Total
					funds	funds	funds
	Net movemeut in funds				20,9l3	105,326	l26,239
	RECONCILIATION	OF I1'UNDS
	Total funds brought forward				291,130	71,017	362,147
	TOTAL FUNDS CARRIED FORWARD				312043	176343	488 386
13.	TANGIBLE FIXEDASSETS
				Fixtures
			Plant and	and	Motor	Computer
			machinery	fittings	vehicles	equipment	Totals
	COST
	At 1 April 2022 Disposals		15,909	39,742	31,400 ~31400)	25,272	112,323 ~31400)
	At 31March 2023		~15 909	~39 742		~25 272	~80 923
	DEPRECIATION
	At 1 April 2022 Charge for year Eliminated on disposal		15,909	35,123 1,155	30&530 218 ~30748)	23&186 522	104,748 1,895 ~30748)
	At 3l March 2023		~15 909	~36 27S		~23 708	~75 S95
	NET BOOI&VALUE
	At 31March 2023			~3464		~1564	~5028
	At 3 l March 2022			4 619 7	870	2,086	7575

Plant and mac	hinery comprises assets associated with the Christmas Land fu	ndraising event,
DEBTORS:	AMOUNTS FALLING DUE WITHIN ONE YEAR	31.3.23	31.3,22
Trade debtors		2,746	25,636
Prepayments	and accrued income	34432	191646
		37178	217,282

CREDITORS:AMOUNTS FALL	ING DUE %ITHIN ONE YEAR
		31.3.23	31.3,22
		g
Trade creditors Social security and other taxes Other creditors Accruals and deferred income		22,751 16,657 4,047 284 340	21,844 17,620 3273 208 309
		327795	251 046
		31.3.23	1.3.22
Deferred Income
Deferred income at 1April 2022 Incoming resources deferred during Released fiom previous years	the year	198,671 275,387 ~198671	37,520 198,671 ~37520)
Deferred income as at 31 March 2023		275387	198671

MOVEMKNT IN FUNDS
		Net	Transfers
		movement	between	At
	At 1.4.22	in funds	funds	31,3,23
			E	E
Unrestricted funds General fund	312,043	119,197	(77,631)	353,609
Restricted funds Restricted funds	176,343	(46,843)	77,631	207,131
TOTAL 14)DS	488 386	72354	-	560 740
Net move)nent in funds, included	in the above are as follows:
		Incoming	Resources	Movement
		resources	expended	in funds
Unrestricted funds General fund		553,279	(434,082)	119,197
Restricted funds Restricted funds		876,007	(922,850)	(46,843)
TOTALFUNDS		1429 286	~1,356932)	72 354

Comparatives for movemen	t in funds
			Net	Transfers
			movement	between	At
		At 1,4,21	in funds	funds	31.3.22
Unrestricted funds
General fund		281,130	26,673	4,240	312,043
Designated Funds		10000		~IO 000)
		291,130	26,673	(5,760)	312,043
Restricted funds
Restricted funds		71,017	99,566	5,760	176,343
TOTAL FUNDS		362 147	126 239	-	488 386
Comparative net movement	in funds, included	in the above are as follows:
			Incoming	Resources	Movement
			resources	expended	in funds
Unrestricted funds General fund			382,605	(355,932)	26,673
Reshicted funds
Restricted funds			588,159	(488,593)	99,566
TOTAL FUNDS			970764	~844 525	126239

			Net	Transfers
			movement	between	At
		At 1.4.21	in funds	funds	31.3.23
Unrestricted	funds
General fund		281,130	145,870	(73,391)	353,609
Designated	Funds	10000		~IO 000)
		291,130	145,870	(83,391)	353,609
Restricted	funds
Restricted funds		71,017	52,723	83,391	207,131
TOTAL FUNDS		362 147	198593	-	560,740

A current year 12 months and prior year 1 as follows:	2 months combined net movement in	funds, included i	n the above a
	Incoming	Resources	Movemeut
	resources	expended	in funds
Unrestricted funds
General fund	935,884	(790,014)	145,870
Restricted funds
Restricted funds	1,464,166	(1,411,443)	52,723
TOTAL FUNDS	2400050	~2,20l 457)	l98593

		Detailed Statement
		for the Year Ended 31 March 2023
			3l,3.23	31.3.22
INCOME AND ENDOWMENTS
'Donations and legacies Other income			5)461	7,775
Donations			30,255	24,159
Legacies				5 000
			35,716	36,934
Other trading activities Fundraising events			248)517	199,019
Investment income Deposit account interest			1)727	45l
Charitable activities
Grants			1,138,878	734,360
Other income
Gain on sale oftangible fixed assets			4 448
Total incoming resources			1,429,286	970,764
EXPENDITURE
Raising donations Wages Fundraising costs	and legacies		31,052 229 174	25,317 151,056
			260,226	!76,373
Charitable activities
Wages Social security Pensions			877,580 70,236 16)362	511,507 40,392 7,630
Premises costs			22,629	21,635
Sundries			58,110	49,715
Minibus costs			1,644	2,052
Volunteer and staff	travel		10,163	6,679
Subscriptions and publications Insurance Depreciation			7,536 7)918 1895	324 3,985 7 829
			1,074,073	651,748
Support costs
Management Wages Carried forward			14,657 14,657	l3,175 13,175

		Detailed Stateinent of Financial Activities
		for the Yeai Ended 31 March 2023
			31,3,23	31.3.22
			f,
Managenient Brought forward Independent examination			14,657	13,175 2 303
			149657	15,478
Finance
Bank charges			1,076	926
Governance	costs
Auditors' remuneration			6900
Total resources	expended		~1356 32	844 525
Net income			72 354	126,239