RCGISTERED COMPANI, NIIMBER: 04184862 (Etigland and Il'#lcs) REGISTERED CIIAwn' UIIIBEI R: 1108470 Report of Ilie Ti'ustees and Audited Financial Statements foi. the Vear Ended 31 Nl*relJ 2025 fi>r Havei'ing Illin
Havei'iiig MiTrd ConteTrls of tlie Financial Statements fhi. Élle Ycar Ci nded 31 Mai'¢h 2025 Page Chairman's Statement Repoi't of the Ti'ustees Report ijf the lJ]dependenl Auditoi's 12 tt) 14 Statenient of fi inanei#l.4Ltivities 15 Balanee Sh¢et 16 Cash fioiv St8teJnent Notes to the Cash Floiv StAteTnent 18 Notes to the f4 inaneial Staten)ent5
Havcriiig Mind Cliaii'iiian's StxtcMtMt for tlie I'car JI Sllarch 2U2S This year, Ive l)ave eontlnued to find innovative M?ays to Jneet the increasing dcmand for support. and Mte have ttsuclied tl)e lives of mol'e people U)an ever before through our Serviccs and Events. A gi'eat example of this is Ihc sicp cliaiige we've niade in Mpelcoining voluntee1% in to our iVOTl<. Oui. Ivondci'ful volunteeis 'e liavino a sEiynifL¢ani iiiipact supporting our people aci'oss ihe organisation Ilirough our piDje¢ts and PIDL4'aiDikn¢s as well as tliroiigh Clu'istsnas Land and Suinmer Fest - oui. 2 big am)ual nd1.l$1ng eveiits. We al'e so gi"aleful to them foi. tlieii. cominittn¢ni and passion. We COEtlii)ue to put oui. service usei's 2L (l)e heai'l of everytliing ive do and I'i)i excitcd abolit ivlieiE this iwill lake us. Without nLenlal healtl), there is no healtl). And. with tl)is in mind, we are addi'es.sing healtli incqualilics in I'elation to '¢llbeing through all of our pi'ojecis aiid initiatives. I'm delighted ihal our Read), for Adulth¢)od and Pai'cnt Suppoi'l GiY)up initiative& have continued to i'eceive funding across botii Boi'ouglis. Having support foi. yourig people and dieir paJcnis/caiers duiiiig tiincs ot sti'uggle, caft be truly life-clianoints and can pi'event problcins e5calaling in the fuwre. ChLislmas Land 2024 iv¢lcomcd ovei. JO,0(10 guests £lcfoss 28 ev¢nings during t]ie Festive Sea50n. On¢c again, Sunta helped neaTly 2,(K)O faTnilies make more ivondei'ful ttieinoi'ies ivhen tl)ey visited l)i5 Grotto, and tlie loire shown b>J all foi. tliis Festive aiid cheeiy actiiiity ivas overivlielii)ingly joyful to see. A IILEge thank you to evcry volunte. Ivho l)¢lped us to set up, look afier guests in Deceinber. and take dowm in JanuJry. It has beeT] a busi and at time4 a ct1211enging ye2T. We have iE%tru¢lured in ordei. to meet giDwjiig demand and an ever ¢hallging landscape, Dffeiitig care gJ)d suppoi't to meillbei's ol. oui. communitics Iv1) tliey needed it most. 'I'he Senior Management Team #loiig ivitl) Sai'ah, CEO, has led ivilli pi'ofessionalisrn, passion and good hun)oui'; continuing to put people ai)d communities fIrst in ¢v¢iylliing iwc do. A big Thank You to tliem and to oui. dedicated staff. volunteers, Trustees, d()noi'8, suppol'lers and Servi users foi. tl)eii' haTd ivork, and continuing committneni to Mind in Havei'ing, Barf(inLY & Dtgenham (MindHBD). Mr P&ul Mastei'son - Chairman Page I
l.Javering Report of the l-rusttes for tli¢ I'eai. Ended 31 Mai'eh 2025 The Tiustees ii,ho ale also Dir¢¢tors of Il)¢ cliai'ity foi. tlie purposes of the Companies Act 2006, piesent Ll)eiT ieporl IlTiih tlie fin8nLitLI stateiiiei)ts of Ilie cliai'ity foi. the ycar cnded 31 Marcli 2025. Tlie .1 i'ustees have adopted tlie provision% of Aecouiitii)g and R¢poi1ing by Cliarities.. Siaiemenl of RecofftiT)eiidcd Practice applicable to ¢hai'ities prepai'ii)E their accounts in aecoi'd8nc¢ ivit]i the Financial Reporting Stand&'d applicable in the UK and Republic of Ireland (FRS 1021 (effective l Januw'y 2019). OBJECTIVLS AYD ACTIVITIES Objettiv¢s and aims Havering Mind {op¢raling as Mind in l-laveringj Barking & Daoenham) objectives &'¢'. To piDinote the pi'esei'vation of mental liealtli amd to assist iii I'elieving and ieliabililaling persons sufteTing fron) Inenlal disoi'der 01. conditions oi. einolional or inental distress requii'ing advice oi. titalinenL in the London Borough of Havering and sui'rounding area (Ihe area of benefit) in association and in accoi'danee wiui the aims and objects of National Mind. lÉnd Én Ilavering? Barking & DaE¢nham- About U8 Dui'ing 2024125, we tOLiched thc lives of Inol'e people tli&n evei. bcfoie, contiiiuing lo pi'ovide high quality menial healtli suppoi-l lu Incet groiving deinand, alongside oui. coniinunity cvcnts. Froin individual suppoi'l in our Supported Self Help Sci'vice thi'ough io giY)up suppoi't in our Meaningful Actiiiilies Progiwnine and social a¢tivitses that build confidence. oui. eJnpha5iS is on empowerillg people io learn to Inanaue iheii. menlal liealth and ivellbeing. We'ire also been sceking new ivays to dcliveT OUI. SUPPOI't lo not only help tliose wlio ale sli'uggling, but to also provide OPPOFtunities frjr othei's lo stay ivell. Foi. ¢xample, Ive've i'eci'uited mol'e Infant Feeding volunteers in lo our iUPPOlt offei. and also devcloped a neiv Volunleei. Progrwnme ivl)ich offei's skills ti'aining, le.ning oppoi'tunitie& social inki'a¢tlQii and a safe space to giDiv i¥iihin a safe, Ivaiin and ivelcoining enviroi)ment. Togetliei. Ivith oui. cominunities, Ive offci. liope and suppoit for good n)enial healtli, so tl)at no one fe¢ls alone. We knoiv tliat ive have a great responsibility in Il)e Boi'oughs 11)at i¢ sei've - to provide advice and suppoit, service4 understanding and aivareness, to ernpoivei- 2nJione experien¢in£ a Inental health pi'obleiii. We ivill continu¢ lo be their ror eveiyone ivlio needs us. Wliar We Do We work iviilL oul. cominui)ities 50 eveiyone can iindcrstand hoiv to take C.¢ of Ilieii. mental Iiealtli and get the supp)I't 11)ey need. Wc WOTIC in p8rlft¢rship iviili local healtli sei'vices, NHS, community organisations and othei. loe&l Minds to i'¢du¢e healtli inequalitics. We SLI'ive tt) sUPPOrt people ofall a¥es. trom young people in schools to oldei. people styiiggling in isolation. We i)rovide sei'vices for pc4)ple ivith mild to Iiiodei'ale mental healtli i.%sucs, inLluding anxiety, sti'e.qs and depirssion as ivell tts those ci'isis, wlio l)avc experienced serious li?uina andloi. arc living wilh & long term mental health condition. We listen, siippoi'l and adi'isei pusliing foi. bettei. outconies for eijeryonc cxpewiencing a Inental healtli issue. We ivoi'k- to deelop and en)bed inclusive. accessible prujccts and support services ch2t mcct local needs. We do all this by constantly and inleiitionally enhancing oui otlei'ing foy people illipacted by inental healih and siiicide. Oui. inclusive and emwwering Inental liealtl) support is uiiailable free of Ch'ge, to Irsidents living in H8v¢ring and Barking & Dagenha]D. Not all our s¢i'vices air CLlI'i'ently available &Lross botl) Boroughs. but we are woi.king hard to chang¢ Iliis. We won't give until ei'eryon¢ experiencing mtntal liealth problems gets ihe understanding and support they need.
Fl3)veri¥ Mind Repoi't of tlje Trustees for the Ye#r Ended 31 March 202S OBJICTIVES ANT) ACTnTITIF,S Cliaritable Actii'ities and Publie benellt At 14avei.ii?g Mind we are pro-active in suppoi'ling aiid cducatiiig people about Iiieiital l)ealih in our local comniunity- We do this tlii'ough.. l. PIDviding advice and infoi'mation 2. Flelping individuals le.n how lo i)ianage theii. mental liealth 3. Proiiidino aetivitics to cRate peer support 4. Raising awareness and providing education to reduce the sligma 'oUnd mental healih lThe Trustce5 confii'in tliat they liave coiiiplied with the duty in Section 4 of the Cliai'ities Act 2006 to have due reg1 to tlic Cli<ll'lty Coininission's genci'al guid2nce on public bcncfil. Pagc 3
Havei'ing Mind Repnrt of the Trust¢¢s foi. the YeAr nded 31 Maych 2025 STtI4TECTIC REPORT Acliievtiiients and pei-forntance ACFIIEIIEMINT AND PERFORMANCE SomL' uf Qui- Acliievenienti during 2024-21125 We supp(bi't. We partnÈr. We make a diff¢i'¢ne 4,838 pcoplc weje suppoi'tcd across all of our sei'vices 318 Havei'ing SIdentS 'ere supported by our AdN'ocacy Team 30,000 people ViSiE¢d Christtnas Land 2024 8,QOO+ people canie to Summer Fcst 2024 Weekend 1117 inteiventions of help and support were pi'owided Il)rough our Gateway Scivice 133 yountyo people ivere supportcd through oui. Ready foi. Adulthood giuup sessions 216 babies 2nd toddlers iveir carcd for through our Mini Minds Matter CTècI)e 171 people ivci'c supported tknx)ugh oui. Safe Connections Suicide Prevcntion Programm¢ across Noi'lh Last London 547 people iveje I'eacl)ed thi'ough our niulti lingual online support foj. Uk'rainian faimilics and their liosts 440+ volunteer l)ours given lo support our Projects and actiipities 47 volunl¢¢i' bi'easLfecdinE peel's Ivei'e recruited to SUPtx)rt oui. Mic ternal He<li Pi'ogramjne 618 ivomen ivere supported I1OUg11 ow. Matemal Health Progran)Ine 202 pa]enls and ca'ers joined our PaTenL Support Gi'oups 334 iiiums attended our Muins Mattel. Pi'ograiDine and ilieir bb]e joined our Mini Minds Matter crèchc 381 people ivei'c SUPPOTted by oui. Peei. Suppoit Workcis in tlieii. ¢omniunity 33% adults joined oui. Social Inclusion Seriiicc 105 people coinpleted oui. online Sui)poi'led Self Help Progi2Jnine I I fainilies wei'e SUPPOTted throLigli our Early Help SLrvice 23 new dads benefitted fi'oin joining our Dad% In Mind groiip 107 residents joined our Liv¢ A Better Life Pi'oject 136 adults att¢nded our Meaningful Activities PrO21.nMe of activities 27 young people received l.. I siippori11)rougli our Wellbeing Seivice We IAunehcd d n¢w Service offei'ing I:1 Ivellbcing Seuions for young p¢ople - We were awarded tlie national Mind Federation Quality Mxrk Ive ivcrL the Ivinner of 2 Aiyai'ds for our Essex Faniily ficstival and Muni8 Trlattei. Project, And Hi¥hl)' Commended for Christmas Land In the E88ei Mums AivArds in 2024 Page 4
H4vering l¥liniJ Rcpoi't of ilie Trustees foi. Ihe I'tay Ended 31 Mai'cli 2025 1.2million social medi vi¢wei'ship across a 7 iY¢eh peritsd in NoveinberlDeceniber 2024 ' We hav¢ listened and created a ne)i' xnd anibitiou¥ f year Strategic Plan 2O25- 2030 WHA'I, OUR CLif.NTS HAVE I'O SA Y "The giDup hclps build relationships ld provides soiy)ewheie io go and you'ir not alone." "Kcep doing what you'r¢ doing- thc coui'se is arnazing and l)elp you n)eet otliei's tha[ aJE also suffd'ing." "You've i'eally sct niy niind at rest- thank you." Having the spac< to express niyself witliout feeling judged has beell incirdibly ¢mpowei'ing for me. As i neuro div¢ise muiii, it can be really ditTi¢ult to express myself and ciicn I)der to be heard." "Tlie sessions have beeii a lifeline. 'fo gain soine advice? perspective 2nd the s¢ience behind behavioui. has been crueial lo us as a fnIly., '[ Miould tell anoth•. young person tl)al it is a bTillianl op)ItnI1Y to feel mole confident and be a bettei. pei'son of yourself." "I found my confidence a.oain due to tl)e SUPfK)rt r received." "I would not have been able to get back out in the comjnunity ivitl)out rny peer support iwoi'Ler." Yes, l ivould i'ccominend this coui's¢ to a fricnd oi. a family Inember. tl)e scssions Nvei'e covei'cd brilliantly and )inpassionat¢ly. Flnallcial revieiv Financial perfortllanee The ¢1.]ty held fund balanccs at 31 M'¢h 202) of £678,592 (2024- £686,715) Comprising restrictcd fuiids of £82,951 (2024 - £185.333), and unr¢sti'icted funds of 9s,04112024- £501.J82). In 2024125 i1 in FIavering> j3ai.king & Da&venli#m generated ineome of £1,574,501, Ivhieh iVAS an increase of 7/ 21J23124. During the same pci'iod, our expenditurc on diicct scrvicci ivas £1,288,737 and £262,170 IV 5pcnl on genei'ating Oui, prin¢ipdl funders ivere.. National LotteLy Fund lo fund oui. Live a Bettei. Life Progr&nnie - Noiih East London Foundation Trust to fund oui. Peei. Suppoi't Woi'kcTS across botl) Boroughs Lon(bn Il()rougli ofHavei'ing to fund our Stalutoi'y Advoea¢y ScTViCC in E4avering London BoiDuoh of Barking & Dagenl)2m to fuT)d oui. Munits Maitei., Dads in Mind and Mini Minds Matiei. Services in Barking & Dagenham Havering Tnl¢oi'ated Lai'e Boai'd lo fund our Mcaningful Activiti¢s Project in Havering We also seciiyed 'an1 and trust funding ti)i'oughoul the yeai. incliiding a grant fi'om Gai'field Weston FoiindalTron. soine of oui. Ivoi'k was funded by grants to piDvide specific services, foi. ¢xaniple, tlie Tudor Ti'iist buppoited our Gateway Service aiid tlie National Loll¢ry CommLiiiity Fund suppoJ1ed our Live a Belter Life Pi'oje¢t. In 2024125, thi'oiigh OLir owii coFnJiiuniU, fundrdi.4ing, Ive raised £350.913 ro l)elp contiNue our pi'iority services. This was a significant achievcmcnt in a partieiilarly ¢l)allenging and inercasingly eoinpetitii'e tundraising enYiiY)llLnent ror cliai'ilies. Fundraising lielps us lo I'ea¢l) mol'e people, and oui. 2 lai'ge scale events ta¢1) year lielp us achieve Iliat. Page 5
IlavLiring Minil
Report of tli* Tru$tee¥
for tlie Y¢ai' Ended 31 J¥lareh 2025
STRA TIGIC REPORT
inancial revieiv
riundi'alsingy DDnAtIOns amd Legaei¢s
During 2024125 our thndraising acliviLies made a signifi¢ant contribution io oui. ovcr all incotne 2nd seivice deliveiy.
We raised £350,913 tM'OU1] c()Inniunity and coipoi'ate fundi'aising activities dui'ing tlie 12 months. Oui. spectacular
aii'istinas L]d atlraL'tioii aiid Suinmei. febiival were 4oain liuge suecesses lith the local community and iiisitois from
far And widc.
A liuge tliank you to all ofaur caminilnity and coipor2te fundi'aiscrs. individuals. gioups of frtcnds and conipanies ivl)o
have cl)osen to higliliglit mental hcalth and well]lig and support oui. i¥oi'lc tlllougli th¢ii fundraisino elyoi'ts.
Income gen¢Tat¢d tlirough ndraisIng9 doiialions and legacies eontinues to pl&y ali iimpoi'lant Yole in ensuring the
sustainabilily and diiiei'sity of our services.
Our Corporaie dnd Community Fundi'aisinu Strategy ineludcs a focus inci'easing oui. corporate partnei'sliip aiid
Sp0[1.51]1p iiicome; and ¢ncouraging il)e amazing individuals 2nd local organisations ivlio continue to SUPPOI't us. We
Inaintain that oui- fundraising ,%liou5d bc cari'ied uul in a I'esponsible Inannei.. As such, Ive ivill not iise fundraising
Inethods t]iat miglit be ¢on5idered inu'usive oi. Iliat put pi'essui'¢ on people lo donate. We ivill not shal'e 01 PLirchase
donoi. data froin thiié pai'ties.
Thei'e ivere no complaints about our fundi'aising a¢tiviiies durtng the year.
The diffei'enee betil'een local ttrlind and natioiial Mind
We ale an indepcndcnt charity, led by our oiwi Bo&'d of '] ruslees and I'aise our 01 funds. We al'e also affiliated to
Mind nationally.
This means ive Ineel liigh quality standards. have the benefits of the cxpei'ienccs and Lnoivledge of a ivide nehvoi.k
of Mind Associatiot2s bul 'e able to ivoi'k locally, 10 meet local needs. fheiT are around 100 local Minds in
coinmuniti¢s aci'oss England and Wales. lach loeal Mind is unsque,. ive'ii indepeiident ¢liat'ilies run by local people
?ho undei'sland tlie needq of our community Ellid tailoi. Qui. services to matcli.
If you tur]draise for Mind ii) Havering. Barkints & Dagenl)an) or a local Min
Havering Mind Report of the Trustets foi. tlie Year End¢d 31 March 2025 STRATEGIC REPORT Finan¢i#l review Rescrves Policy Ordinai'ily, tlic Trustees, policy is to Inainlain an appi'opriate l¢iTel of unrestricted funds not cominitted oi. invesled in tanoible fixed assets. SO tliat in Ilie event of all funding being witlidrdwn theie i¥ould be sufti¢ient Irsources to wind down Il)e cui'i'ent activitics in a pi'ofessional mann¢i'. We l)aiie estimated ihat Eo ensui'e an ol.deTY wind down of tlie Cliai'ity a I'eservc of £300,OQQ lappi'oximately tlirec nioi)ths expenditui'c incurred 01) Cliaritable Activities) is rcquired whi¢h ivould be lunded from the unresti'ieted tre¢ resei'ves. In addition to ihe estimated wind up eosts the trustccs have agTeed lo designate funds to LK spent iii thc coilling fine[al year as follows". <unding friim unrestricted fTec i'¢s¢iTes of Desigi)ated Pi'oject Winding llp of th.1ty (3 montl)5 0ratIn0 costs) S¢nior hiies Fully funded salai'y incrtr&8e and Nl impact MINDBHD funded piDjects- 14'¢v¢nlion Serviccs - Gateway Supporttd £523,600 300,000 90.000 60.000 25,500 28.000 20,100 i23,600 Requsiement Whilst inflation ha8 trended down over thc past ye&. the cost of living Ycmains liigh. We 'e aivaie of the pressures tknis places on slart and the consequent d¢n)and tor Iiigl)cr Sa1.]eS. 'fo continu¢ to gi'oiv tlie Cli.]ty wid ensure we can dclivci. 01) tl)e objeetives ot the Charity ive must ensure we eoniinue to attsact and I'erain good quality staff tl) deliver tlie conlinuing demands foi. our seivice. Howevci. t]ie i'¢nI changes to tlie Employ¢i's Nalional Jnsuiiince contribution has pla¢¢d & furtliei. financial burden on ihe Charity ivhicli may negatively impict Ihc recj'uittnent and I'epleMcnt of staff going foi'ivard. We Tn&y at tim&8 therefoi'e self-futid salary adjusiments Lo ensure eyisting projects do not suffer any dcgi'adalion to this service. Due to th¢ natui'e of the charity's activilies it is tclt thal the maintenance of such reserves is not only financially pi'udent in general, bur is a key iEquirement in ordei. to provide & managed halldovei. i)I'oeess for client.$ in the ev¢ni Ilial tlie charity l)ad to be ivound doivn. It alsa provides & pc)%ilive t¢eling of stability to both Lul'rent and potnlial sources of nding alike, thus giving Ihein confidenc¢ ttiai the organisation is sustainable and ivell nianaged in its financial &ffairs. Going conccrn The Ti'ubxces Consider tlie Charity to bc a going conceyn artd tliey are not aivare of any Inatei'ial unecrtaittties ivliicl) niay cast signifi¢ani doubt on tliis vieiv. In addition they haile a Teasonable expectation Uiat ihe Cl)arily has adequate resources to continue foi. tli¢ foieseeable futui'e.
Hav¢riiig Mind Report of the Trustees foi. tlie l e#i' Ended 31 MAreh 2025 STRA TEGIC REPORT inaii¢ial rtvieiv Tolal revenue foi. the year ciided 3 1st MaTclI 2025 £1,574,501 iepresenting an iiiaease of 7.3 /0 ¢oinpared ivitli last year. Total ¢osts were £1.582.624 l'epieseniing an inci'e&se of l 8.00/0 comparcd with last STear. This has resiilted iii a deficit foj. tlie ye. of £8,123 ¢oinpared to a SUTplus in the pi'evious year of £125,975. Tlie iiicrcase li) expendilui'e has becn pai'Lly cau8¢d by lh¢ inci'easc in fundi'aising costs, up by 20.70/0. 14owever Iliis is Inore tlian compensated foi. by the 58.40/0 illcrcase in incoine from FLindi'aisiiig cvenis due priin&'ily lo the ongoing very successful and piDfitable Clii'istnias Land annual evenL. TIIIS is i12¥y n)ueh a fai)iily focussed evcnt and once again l)as been pi'ovtd to be extreTnely populai.. 'ree reserves have inei'eAsed to £583,161 (2024.. £494,438). The inain soui'ees of project income foi. tlie year are tlie LoJ)don Boi'ough of Havering (£161.743), London Borough of Bal'king and D2genliam 1£340,878). BI.IRUT Clinieal Coinmi.%%ioning Group (£69,750) and other charitable foundations (£i77,209). The Cli.]ly,$ main expendittlle item continues lo be .%trfing Costs. wljieli, at £1,129.344 Tepi'esenls 71.50/0 of total pcndituie as eompa]ed to 71.2% for last yeai.. Wlii15t the in¢rc&se is miniinal ive expe¢t this expendilui'e to increase further as the full effect of tlie inci'eos¢ in National Insuranc¢ conti'ibuiions take effeet. T]ie oi'ganisation lias an experienced, dedicated aiid hardivoi.king gmup of staff and ivc ivill continue io lo alivays ieeruit staff of the highest possible coiibi'e. Witliout them and ow. dedicated team of volunteers OUT qualily range of services could not b¢ maintained in such an efficient In8nnei'. In suiminaiy. Ivhtlst tlie UK in genei'al is facing a number of financial chall¢ngcs, Lhc Ch'Ity sectoi. tnay face furtlier challenges as to how it i'aiscs fuiids and atti2¢ts si)onsors. MEndHBD hS succe.%%fully consolidattd it8 position in tlie local coininunity and beyond in the last Ve1Ve iiionihs and ive ctsntinue lo alLracl fuiidii)g ivitli the aim and expectation tl)at ive will coi)tinue to ¢Apand ivhert funding opportunities beeoiiie available. CO,CLUSIo, The CSiarity ivill coJ)tinue to end¢avour to Inainlain income and atti'aet stjonsorship ta ensure siability it) Ivhat continues to be a ditfiLuIt economic eliinate, whilst sts'iving to fuither iinprove amd expaiid oiir sei'vices in assisting all IneInbei% of society ivlio are afFe¢i¢d by mental healtli issues. Looking llorivard Our key goals for 2025126 are to continue to put people fii'st aT)d build on oui. oi'gw)isational excellence We Kvill Make suiE thal people know about our.%eivices and that SllPPOTI is available to theni and pcuple that they knoiv, Iwhen tliey need it Support peoi)l¢ likely to develop menittl hcaltli probleins to slay Ivell Eii)powei' service iis¢rs to Inake inforined choic¢b about l)ow tl)ey live and I'eeov¢r. and ci)able theni lo participate flilly in society orfer 2nd dcvelop high quality, flexiblc nient21 liealth siippoi't tlii'ough a l'ange of Lhannels including fice to face and digiial Continue to EIDIV OUI. Sti'ong. dedicated Eean) and Inake the most of our asseis and resour¢¢s by building a cultui'e of excellence Mainlain sei'ving people who reacli out to us equallji and wi(hout jiidgeiMent- never del'ining people by a mental health dx2gn0518 "I'in l¥sb isolated. I hav¢ options. I knoiv tliat I'ni undcrstood tacitly because everyone's in (he saine boat. I can bL> Ivith people ivitl)out having lo explain n)yself oi. justify why I'm thei'e., Anonymous, Peei. Support Gi'oui) Metnbci. STRIJC.TITRE, Govf.Rf+lAtSCE AND ftrlANIlGEMENT Governing document The cliw'ily 1% conti'olled by its goveri)ing docliinenl, a deed of ti'usl, and cunstitiites a limited LtimiJany, liiniled by gLiarant¢c, as delined l)y tli¢ Cojnpanies Act 2006. Page 8
Flavering Mind Rcpoyt of the T1.$t¢S for the I'cAr LThded 31 M#i'ch 2025 Hairering Mind founded 1961, is a regisiei'ed chariiy INO.. 1108470). The Ch&ity lipas incoi'poi'ated as a ¢oinpany lin)ited by '2tee on 22 Marcli 2001 and is govemed by a men)oi'andum and article.% of &sqociation. In the evei)t of tl)¢ eoTnpai)y l)eing wouiid up n)embeYs al'e i'equii'ed to coiitribute wi amount not exceedii)g £ l. Reeruitment ad appointnieut of rtesv Trustees The Ti'ustecs al'e appointed every tl)I'ee yews by tlie mcrnbei's of tl)e cojrjpany at the Annual Genei'al Meeting. Additionally tlie Trustees ll,l)o are also Dir¢ctoi's niay be appoinl¢d by the cNistii?g Dii'cctors subject to a maxiniuni or 20. Organisational 8ti'ucÉure The Chai'ity is iijn by the Manaoeinenl comiiiitlee wliich con.sists of 3 officerg and an elected nuii)ber of member8 as decidcd at the Annual General Meeting. In a(Edition the Comii)illee may eo-opt IEpi'esenlatives of the voluntary and staluloiy bodies corLccrned lvith Mental Healtli. The cliarily is managed by ilie ti'ustees. However, tl)e tn]stees d¢lcgate tl)e day to day inanagenieDt ot the choxity to ihe Cliief Executive Officer by a policy do¢uinenl covcl'ing the I'esponsibilities of the C.Iiief F.xeciitive Officer. Induction and training of neil, Trustees Most Ti'usrees al'e ali'eady f8miliai' Ivith tlie practical work of rhe cl)arity but all neiv TTUSt¢cs undcrgo an oriei)tatioii coui'se to brief Ihein on their legal obligations under el)arity and cOmpÉY law. tlie content of Ilie Memorandum and Ai'licles of Cliai'ily. The ¢omniitt¢e, dccision making prOsSes, thc busiiiess plan and rcc¢nt tinancia] pei'formance t()(sttther ivith He<h and Safety are all coveird within the induction. Tivstees Èncoiirgged to attend appi'oprsglte ext¢Tnal trainiiig events to support the I'ole (hey al'e perforining. Affiliatio Wc &'e atfili&t¢d to Mind. lh¢ naiional mcntal liealth cha'ity. Jn all, more than 100 local Minds wt affiliated to nalional Mind. Dui'ing the Ye.. Ive hav¢ been involved in ivorking wit]1 the Mind £V01'k, and played 2 key role in tl)e Mind in London netNvoi* and a newly fi)rtncd No1] East London Sti'ategie Alliaiicc iyitli Mind in Toiver HnItE 2nd Neivhain, and Mind in Citr),, Hackney and Waltl)ani Foi'esl. W¢ liave einbedded our ¢xpdi)siot] of 5eivice in the London Borough of Bal'king & Dagen])atn. Stsffing At the end of Llie year, Havei'ing Mind Iiad 44 stafl. (15 th11 iiine and 29 pari time). The trustees are resp)nsible foi. ¢slablishing iEmuna'ation levels for senioi. managet))eiit. Risk management The ti'ustees have identifjed staff iecruitinent And retention and sustainability of ineoine as the key i'isks faced. The Ttuitees actively revieiv the major I'isks ivhich the charity faces on a i'egular basis and beliei'es maintaining resei'ves at curi'ent levels, conibined with a rcgiilar i'eview over key tjnancial systenis. will provide sufficient i'¢soiirces in ihe Lvent of any adveise conditions arising. The tivslees have also eXnItied oilier opei'ational and biisiness risks faced by the cliai'ily and confii'in tl)cy l)ave established systems to Initigat¢ signilicant I'isks. REfLREI NCE AND IIDIMINISTRATIVE DETAILS Rcgistercd Conipany numbei. 04184862 (England and Wales) Registei'cd Cliarity nmber 1108470 Registered office H'M1]e Hous¢ 54 St Maiy's Lane Upininster Esscx RM142QP Page 9
Havering Mind Report of the Tru$tces foi, tlie Y¢Ar Ended 31 March 2025 Tru$tees Ms 7cnya Greenaway Mi. Ai?dei'son Mi'b Slialiijia Haque Mi. Daniel Robert Sliore IresiEn¢d 31.12.24) Mi. Paul Mastci'son Mi's Linda Joy Van Dcn Hende Mrs Rajinder Kaur Jolial Mi. David Alan Hodge Miss Sunita Samial Mi. Peter Ldivai.d Hci'rington r Philip Haiiiilton (appointed 26.2.25) Auditors Ward WillT2Jxs 8¢lgrave House 39-43 Monuii)ent Hill Weybridge Sui'rey KT13 8IiN B&nkers Bai'clays Bank PIC Newliam Business Centre 737 Barking Road London EIJ 9PL Meli'o Bank Ple Bi'eiveiy Walk Watei'lon Road Ronilord RM I IAU CHIEF EXECUTIVE Sarali Ilalser STAI'LMENT OF TRIISTf.F,.S' RESPONSIBILITIES The ts'ubiees (i¥110 8J'e al.so il)e dii'eeturs of Havering Mind for the i)ui'poses Df coiiipany laiv) aic It&ponsibl¢ foi. preparing t]ie Annual Repori and Ilic financial statements in accordance ivilh appliLdble laiv and ljnited Kingdoin Accounting stand'd5 Iunited Kingdom Genei'ally Accepted Accountiiig PltIce). Conipany law I'cquircs the trusiees to pjtpare financial stat¢menls for eacl) financial year ivhich give a ti'ue and fail. vieiv of tlie state of alfaii's of the ¢liw'itable coinpany and of tlie iticoming I'e$oui'ce5 and application of i¢souYces, iiieluding tlie income and eXnditu1'e, ot the ¢1).)Lable comi)any fui. tliat period. In pi'epwiThg those linancial statements, tlie Ii'iistees are required lo select suitable accounlinrr policses and then apply iliem consistently; observe ihe inetliods and principles in tlie Chai'ity SORP; make judgeii)eiils aiid estiinales tliat al'e i'eaqonahl¢ and pldent- state wliether applicable a¢coiinting standards have been lolloived, subject to any Inatei'ial dcpartlires digelosed and explained iii il)e fEn2ncial statements,. pl'epEe the finaneial statements on the goino Concern basis unless it is inappropi'iate io prsume tliat the cl)ai'itsble company will ¢()ntinE)e in biisiness. Th¢ trustLes are i'esponsible for keeping propel. accounting iecoi'ds ivlii¢h disclose ivith re&%onabl¢ accuracy al any time the tinanLial position of the cliai'itahlc compaiiy 3nd to eJiAbl¢ thein to ensure that tlie linancial slatcjnenls ¢oniply ivitli tl)e Con)panies Act 2006. Tliey are also r¢sponsible for safeguai.ding the assets of ili¢ eliaritable company and heii¢c for taking i'easonable steps thi. tlJe pi'eyention and detection of fiaud and othei. irregulai'ities, Page 10
Il¥vering Mind Report of tli¢ Ti'ustees foi. tlie l'ear nded 31 Mai'ch 2025 STA T£MENT or TREISTLES, Rfi SPONSIBILITIES- eontinued 11150 far tlie trusÈees are aivare.. thei'e is no relevant audil infoi'mation of whicl) th¢ ehai'itable cowpany's auditors air unaiiiare; and the tru8tee8 have taken all steps tliat they ouglit to have iaicen lo make Ihemselveq aware of any I'elevanl audit infoi'mation and to estsblish that the audi10i% are aware of that infoi'jnation. AUDITORS Ivard WilliaM)s were appointed &8 auditor to the company and a resolution proposing that tliey be I'eappointed bc put at a General Mccling. Repoi't of the Iiwstee in¢orpoi'ating a sti'ategic iepoi'L appi'oved by oi'dey of tl)e boa]'d of ti'uslee& as tlie coinpany direLtors. on ..&'To44-K..%Olfand signed on tl)e board's bel)alf by: MT Peter Edward HeTI'ington- Trustee Page 11
Repnrl nf tht Indepcndcnt AuditThis to the Tru$teei of
Hairti-ing Mind
Opillinn
We haiit audited Ihc financial staten)eiilq of Havering Mind {tlie 'cliai'itable conipaiiy'} for tlie year ended
31 Marcli 2025 M,l)icli coii)pi'is¢ tl)c Statcinenr of fii)anoial Actiijities. the Balance Sli¢ei. Ilie Lasli bloii, Siatejiient and
notes to the financial slalements, including a .%uminary of si(rnificant accounting policies. The fin8n¢ial I'epoi'ting
framework that h&% bcen applied in their prepayalioi) is applicable law wid Uiiited KiiigdoiTh Accountiiig Staiidw'ds
(Unikd Kingdom Gener211y Acceptcd Aceouniiiig Practice}.
In our opinion tl)e financial .%tatcn)cnts'.
Five a Ii'ue #nd fair vieii, of the 8iatc of tlic chai'itable ¢ompany's affairs as at J l Mareli 2025 and of its incomii)g
I'csouices aiid application of r¢source& including its income and expendilui'e, for the yeai. theEi ended.,
l)avc bccii propei'ly pi'ep&'ed in accordance witl) United Kingdoni Gei)eJ'ally Accepted Accounting PraetiLe- and
l)ave beeii prepaied in aceordtnc¢ with the requirements of the CompoMie.% Act 2006.
Bx$i5 for opinion
We conducted oui. audit in aec0i.dÉce with International Sthndai'ds on AudiiinE (UK) (ISAS (IJK)) and applicablc laiv.
Our responsibilities under tliose standards are fui'thei. desci'ibed in tl)e Audi(oJ'5' responsibilities foi. tlie audit of tl)e
financial statements section OF oui. repoi't. We a]t iiidependent of Ihc cl)aritable conipany in accordance witli the
ethical r¢quii'emenl8 tl)at ale relevant to oui. audit of the finaii¢ial staternenis in tlie UIC. includin(¥ tlie FRL'S Etliical
Stand&'d, aiLd ivc liave fulfilled our othci. etliical Ir8pansibilities in aceoi'dance with these 1'equiniCnt5. We believe
that the audit evidenee we l)ave obtained is sullicient and appTUPI'iate to PlDvide & basis foi. opinion.
Conelusion$ relating to going toneern
In Juditino the financial stateinei)ts, Ivc liave concluded Iliat tlie Ii'ustees, use of tlie going concern basis of accounting io
the PlEpai'ation ofthe fmancial 8tateiMcnt8 is appi'opriaie.
Based on the iyoi'k ive liave perforined, Ive l)avc not idcntificd any Ii)Itei'ial uncei'lainLies i'elating lo events oi. conditions
th&4 illdividually oj. eollectiiiely, Inay cast significaftt doubt on tlic ch&'itable coinpany's ability to continue as a going
eonccrn for a period of at least hvelve moiitl)s froin ivhen the financial staleinents are autliorised foi. issue.
Our responsibilities and Ilie responsibiliiies of th¢ trustees iviili It5pect to going coiicern al'e describcd in the relevant
seclions of tliis report.
Other information
The tru%tees ale I'espon%ible for the otl)ei' iiiforJn2tion. Tl)e otlict. infoi'inalion coini)I'ises tlie infoiThation included im the
Annual Repui"¢ olh¢r tl)an tlie finan¢iE¥I siaternents and our Rcpoi't of the Indepcndent Audiiors Ih¢reon.
Our opinion on tlie filil¢la1 statements does noi coii¢i' Ihe othei. inlorn)ation and, except to tl)e exlent olherwii¢
explieitls, staled in oui. I'eporl, Ivc do not express foj'n) of assui'ance eonelusion tlieiton.
In connecÉion ivith oui. audit of tlie finan¢ial stateillents, oiir iesponsibility is to read the othei. infotmalion and. in doii)
so. considei. wlicther the otli¢T infoiination is malei'ially incon8iNtent ivitli the fiwdnctal ststen)ents or our Icnowlcdge
obtaincd in the audit
Report of the Independtnt Allditoi% to the'l'rustees of
Respon.$ibililies of ti'ust¢¢s
As explELined more fully iii the Statcmenl of Trustees, R¢spoi)5ibilitie& the ti'ustees (who al'e also the dii'cctoi's of tlie
chaLitable company for tlie purposcs of con)pany law) ale responsible for tlie prepai'ation of the financial statemeii15 and
tor being satisfied that tliey give a Ii'uc and fail. Ipiew, aJ)d for bucli inteinal ¢oiitiol as tlie ii'ustees detenniiie is iiettssary
to ¢nablc the PT¢paration of flliaiicial siateinents that fl'ee froin material misbtaremeiit, Ivhetlici. due to fraud or eiTOr.
In prep.]ng the financial slalen)¢nl¥, Ihc trustees I'esponsible for assesqing Élie charitable coinpany'5 ability to
continue a going eoneern, diselosing, as applicable. mattel's re121ed to goii)g coi)cei'i) and using ilie going concei'n
basis of
Repi)rt of the IAdcp¢ndent Auditors to tlie I'ru$t¢Cs of Hai'ering Mind Ilse of our report Tl)is repojt is n)ade solely to the charitable company's tl'Uslee5, as a body, in accordai)¢e ivitli Part 4 of tlie Cl)aTltie5 (Accuunls and Repoi'ts) Regiil&tions 2008. Oiii. audit woi'k lias been undeitsken so tlial ive Jmiglil btate lo ilie chai'ital)le coinpaii)J's ti'iistees those Inallei's Ive ar¥ reqtsiyed to slaie to thcm in an auditors, report and for no othet purpose. 'fo tlic fullest exlcnt permitred by laiv, we do not Lecept or assuijie I'¢spoNsibility to anynne oiliei. tl)an thc chariiable ci)Inpany and Ll)¢ chai'itable compaiiy's t¥iistees as a bodj,, for our audit woi'k, for this repoi't, or lor the opiiiions we l)aiie tot'jmed. Colin ainiltoii (Senior atutory Aiiditorl for and on belialf of Waj'd Williams F.ligilile to act as an aiiditor in ici'ms of Se¢tion 1212 of the Con)paiiies Act 2006 Belgiave l-louse 39-43 Monum¢nt l-lill WeybLidge Surrey KT13 8RN Page 14
Havcring Mind Statemeiit of f4 iiiAnci21 A¢tivities foi. tli¢ leay Indtd 3] Mai'ch 2025 31.3.25 I'otal funds Unrestricled funds Reftricted funds Toial rund5 Nol¢s INCOIIIE AND r.NDOW(IIENTS FROM Donations and legacies 6D,416 60,416 42,378 Charitable activiti¢$ Client services 985,827 1,149,580 1,196,478 Otlier trading activities Investment income 350,913 13,592 350,913 13,592 221,482 6.830 Tot•1 f88ffj74 985,827 1 $74JQl 1.467.168 LXPENDITIIRE ON Raising fiinds 262,170 262,171J 217,082 ChAritxble aeÉli,Itles Clieilt saviccs 466,055 822,682 1,288,737 1,096,853 Otlicr 31,717 31.717 27,258 Total 759,942 822,682 82,624 ,341,193 NET INCOLIIEIIEXPENDI'fLIRE) Transfers between funds (171,268) 26S,i27 163,145 26.5 $271 {8,123) 125,975 17 Net movenient ill fndS 94,259 1102 J82) 18,1231 125,975 RECONCLLIATIOh' OF FUNDS ToEal funds bi'oughi foi'ivai'd 501,382 185J33 686,7JS 560,740 'fOT.4L FIINDS CARIUED FORWARD 678 592 686 715 The nolcs foi'in part ofthese tiiian¢ial statements Page 15
HAvering P¥lind BalAnee Slieot 31 Mai'eh 2025 31.3.25 Total funds 31.3.24 lJniesti'icled funds Resli'iLtcd fuiid5 funds Notes FIXED ASSETS Tdngible 2SSCts 13 12,480 12,481) 6.944 c.IrRRF.N'A' ASSETS Debtoi's.. amounts falling dlle witl)in one y¢aT Casli 81 bank and in hand 14 63,006 628,672 188804 35,608 2il,810 664,280 301,465 639651 691,6711 224A12 Y16,090 941,116 CREDITORS Ainounts falling due 'It1]ift one y¢ar {108 717) {141 461) (249978) (261,345) NET CIIIUiENT ASSETS 583.161 666,112 679771 TOTAL ASSETS LESS LURREIYT LIABILII'IEI S 59i,641 678,$92 686,715 NET ASSETS 195,641 678J92 686.715 FIJNDS Unrestricted fuiids.. Geiieral fund Resli'icted fuiids 595,641 82,951 501,382 185,333 TOTAL F[j,Ds 678,592 6S6,715 The charitsble coiiipany is entitled lo exeiiiptiiin froin <iudit undci. Section 477 of the Con)panies Act 2006 tor ilie year ended 31 Mar¢h 2025. The meinbers have not depositL4d notice. pursll&nt to Section 476 of the Coinpanies Act 2aac) Tequii'ing an audit of thcsc financial statejnents. Tlie ti'ustees a¢knDivledg¢ tli¢ir iesponsibililies fui. {n) ensui'ing tlial tlie cliat'itable ¢ompany keeps accounLin&J records that ¢oniply ivitli ScclioJi$ 386 and 387 ot tlie CompRtile5 Act 2006 and pi'epdrirng financilll sta*iiients Mihieli give Irue ind fair view of tlie stale uf alfairs ol'tlie cliaritable coinpany a5 at the end of eacli financixl year and of it5 surplus or deficit foi. each tInancial yeai. in fi¢ctsi'dance witli the iequll'eineiits of Sections 394 and 395 and ivl)icl) otlierivisc comply ivitli tl)e i'eqLtiremei)ts of tlie Li)nipanies Act 2006 I'elaling io rEcial statements, so far as appliLllble to the el)ai'itable coinpany. Tl)cse fil)4claI statements liave been audited imder th¢ rcqiiirenients of Seclion 145 of the Charities Act 2011. (b) Ic tinan al sl&tenients wei¢ Iipproved by Il)e Boai'd of Trustees Ejnd authoi'ised for issue 011 r0ilts.rt 14.jand M'ei'e signed on its bel)alF by.. Mr Peter EdW.d HeingtOn - Trus The notes form parL of these financial statements Pag¢ 16 continiie&..
Havering Mind CAsh Flow StAtement for the YeAr Ended 31 MArch 2025 31.3.24 Notes Cash flows from operatlng activities Cash generated from operations 19,483 (208,746) Net cash provided byJ(used in) opcraling activities 19,483 (208,746 } Cash flows from investing activities Piir¢hase of tangible fixed assets Interest received (&440) 13,592 (4,762) 6,830 Net cash provided by investing activities 5,146 2,068 Change in cash and eash equivalents. in the I'eporting period Cash and cash equivalents at the beginning of the reporting period 24,629 (206,678) 639,651 846,329 Cash and cash equivalents at the of the repoiting period 664,280 639,651 The notes forni part of these financial statements Page 17
H#vei'iDg Mfrnd Notes to the c.agh Flow Stgtement foi'the YeAr Ei nded 31 Mareh 2025 RECONCILJATION OF NE'I, (EXPENDITUREYINCOME TO NIT CASH FLOW FROM OPERATIP4G ACTIVITIES 31.3.25 31.3.24 Net (expenditure)liJJcome for the reportiiig period (as per the Statement of Financial Activities) Adjustments for: Depreciation charges tKJss on disposal of fixed assets Interest received Decreasel(increase) in debtors Decrease in ClEditors (8,123) 125,975 2,910 ,425 1,421 (6,830) (264,287) (66,450) (13,592) (11,367) Net cash provided byl{ll5ed in} 0ratIonS 19,483 (208,746) ANALYSIS OF CHANGES IN NET FUNDS At1.4.24 Cash flow At 31.3.25 Net Cash Cash bank and in hand 639,651 24,629 664,280 639,651 24,629 664,280 Totxl 24,629 664,280 The notes forni part of these financial statements Page 18
HAvering Mind Notes to the FinAiiciAI Statements for the Year Ended 31 March 2025 ACCOUNTING POLICIES BASIS OF PREPARING THE FANCIAL STATEMENTS AND GOINC CONCERN 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 Chai'ities.. Statement of Re¢ommended Practice applicable to charities preparing their accounts in accordanc¢ with the Financial Reporting Standard applicable in the UK and RepubliL Ot Ireland (FRS 102) (¢ffe¢tive l Jaiiuary 2019),, Financial Reporting Standard 102 'The FinanciHI Reporting Standard applicable in the UK and Republic of Ireland, and tl)e Companies Act 2006. The financial stateinents have been prepared under the historical cost convention. Going eoncel'n The trustees have assessed whether the use of the going concern assuinptioii is appropriate in prep&ring these ac¢ounts. 'll)e trustees have made this assessinenl in respect to a pei'iod of one year from the date of approval of these accounts. The trustees of the charity hav¢ ¢onGluded that ihere ar¢ no material uncertainties related to events or conditions that may cast significant doubt oiTr the ability of the charity to continue as a going concern. ITrICOME All income is recognised in ihe Statement of Financial Activities once the cliai'ily lias et]titlement to Ihe funds, it is prob&ble that 1he inwme will be received and the amount can be measured reliably. EXPENDITURE Liabilities are i'ecogntsed as expenditiire as soon as there is a legal or constructive obligatioll committing the charity to that expenditure, it is probable that a ti'ansfer of econoniic benefits will be required in settlement and the amount of thc obligation cai) be measured reliably. Expenditure is accounted for on an accruals basis and has been ¢18ssified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings Ihey have been allo¢ated to activities on a basis consistent witli the use of resources. ALLOCATION AND APPORTIONMEIYT OF COSTS Tlie costs of generating funds relate to the costs incurred by the charitable company in raising the funds for its harilable work. Fundraising costs incorpoizte an apportionment of the cost of the time spent by the administration staff in obtaining new sources of funding and securing the renewal of ¢urr¢nt fuiiding. TANGIBLE FIXED ASSETS D¢preciation is provided at tFke following annual rates in order to write off ea¢h asset over its estimated useful life. Plant and machinery Ftxtures and fittings Computer equipment 3301 on cosl 250/0 on reducing balance 250/0 on reducing balance TAXATION Thc company is a registered charity and therefore is not liable for incoine tax on income derived from its cliaritable a¢tivilies, as it falls within the various exeinptions available to registered charities. FUND ACCOUP4TIYG Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Designated funds comprise unrestricted funds that have been set abide by the Irusle¢s for particular pui'poses. Restricted funds can only be used for particular reslricled purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular resti'icted purposes. Fuither explanation of the nature and purpose of each fund is included in the notes to the finan¢ial statanents. Page 19 conlinued...
Havering Mind Notes to the FInne181 StAtements- continued for the Year Ended 31 Murcli 2025 ACCOUNTING POLICIES- continued PENSION COSTS AND OTHER POST-Rf.TIREMENT BENEFITS The ¢haritable coinpany operates a defincd contribution pension scheine. Contribiilions payable lo the eliaritable coinpany's pension scheine are charged to the Statement of Finan¢ial Activities in the period lo which Ihcy relate. DONATIONS AND LEGACIES 31J.25 31.3.24 Olhei. income Donations 30,399 30,017 1,324 41,054 60,410 42,378 OTHER TRADIT+lG ACTIVITIES 31.3.25 31.3.24 Fundraising events 350,913 221,482 INVESTMENT IP4COME 31.3.25 31.3.24 Deposit account interest 13,592 6,830 INCOME FROM CIIARITABLE ACTIVITIES 31.325 31.3.24 Activity Client services Grants 1,149,580 1,196,478 Grants received, included in the above, are as follows.. 31.3a5 31.3.24 Lottery- Sustainable Building Capabilities Project London Borough of Havering- Peer SLlPPOrt London Borough of Bai'killg and Dagenham- Hoarding pro.ject Meaningfttl Activities Pathway MIND - Sui¢ide prevetttion Tudor Trust- Gateway HBD- VIP pi'oject funded by UCL BHRUT CCG- Mum's matter London Borough of Barking and Dagcnham - Munis Matter London l1orogh of Barkiiig and Dagenham - NELFT Peer Support London Borough of Havering- NF.LFT Peer Suppoi London Borough of Barking and Dagenham- Pause2Start RfAIPSG London Borough of Havering- Ukrainian Project BEC - Early help Infant Feediiig Lifeline Mind's Supported Self Help Fund Dads Matter 19,054 92,306 83,497 50,826 47,150 34,195 30,000 6,000 94,500 258,500 141,940 100,812 55,134 81,250 4,000 51,556 36.000 28,812 81,780 34,503 31,500 69,750 235,000 105,878 161,743 79,500 45,600 60,000 13,405 Catried forwai'd 992,713 1,196,478 Page 20 continued...
Havering Mind Notes to the Fillniicial.StAternents- continued for the YeAr Ended 31 March 2025 INCOME FROM CHARrfABLE ACflVITIES- continued 31.3.25 31.3.24 Brought fonvard Advocacy 992,713 156,867 1,196,478 I,J49,580 1.196.478 RAISING Fuf4DS RAISING DONATIOIYS AND LEGACIES Fundraising costs compTiSe-_ 31.3.25 31.3.24 Salaries Fiindraising expenses External fundraiser 36,283 194,887 31,000 34,554 153,190 29,338 262,170 217,082 CHARITABLE ACTIVITIES COSTS Direct Costs Client services 1,288,737 SUPPORT COSTS Govemance costs Manageinent Finance Tola15 Other resources expended 21,162 955 9,600 31,717 Support costs, included in the above. are as follows-. 31.3.25 Other resources expended 31.3.24 Total activities Wages Bank charges Auditori, f¢Tnuneration 21,162 955 9,600 19,328 1,030 6,900 31,717 27,258 Page21 continued...
HAvering Mind Notes to the Financial Staternents- continuod for the Year Knded 31 March 2025 NET INCOME/(EXPENDITURE) Net in¢omd(expenditure) is stated after chargin{Crediting}.' 31.3.24 Auditors, remuneration Depreciation- owned assets Deficit on disposal of fixed assets 9,600 2.910 6.900 1,425 1,421 io. TRUSTEES, REMUNERATION AND BEP4EFI'I'S There wett no trustees, remuneration or other benefits for Ihe year ended 31 March 2025 nor for the year elided 31 Mai'ch 2024. The Chatity subs¢ribes lo ihe Mind block insurance scheme, for IrLisiees 8Thd officers. TRUSTEES, EXPENSES There were no trustees, expenses paid forthe year ellded 31 March 2025 nor for the year ended 31 Mai'cli 2024. STAFF COSTS ii. 31.3.25 31.3.24 Wages and salaries Social security costs Other pension costs 1,026J15 82,775 20,254 871,612 65,498 18.364 1,129?44 955,474 The tot21 remuneration of key JnaTragement personnel amounted to £68,686 (2024- £65,475). The average Inonihly numberof employees during the year w&8 as follows.. 31.3.24 Chief exeeutive Direct charitable work Administration I'"undraising 36 37 The number of employees whose employee bencfsts (excliiding employer pension costs) exceeded £60,000 w&s'. 31.3.25 31.3.24 £60,001- £70,000 Pag¢ 22 continued...
H4vering Mind Notes to the FinAnei#l St*tcments- continued for the YeAr Ended 31 March 2025 12. COMPARATJVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fi]nds Restricted funds Total funds INCOME AP4D ENDOWMENTS FROM Donations and legacies 42,378 42,378 Chaiitable activities Client servi¢¢s 199,945 996,533 1,196,478 Other trading &¢tivities Investment income 221,482 6,830 221,482 6,830 Totsl 470,635 996,533 1,467,168 Eli'bNDITURE ON Raising funds 217,082 217,082 Charitable activities Client services 444,822 652,031 1,096.853 Other 27,258 27,258 Total 689,162 652,031 1,341,193 NET INCOMEI(EXPENDITURE) Tr4nsfers betsveen funds (218.527 } 366.300 344,502 {366JOO ) 125,975 Net movèment in funds 147,773 (21,798) 125,975 RECONCILLITION OF FUNDS Total funds brought forward 353,609 2tTr7.131 560,740 TOTAL FUNDS CARRIED FORWARD 501.382 185,333 686,715 Page 23 Continued..
Havering Mind Notes to the FinaneiAI Stiltemeuts- continued for the Yeiir Ended 31 March 2025 13. TANGIBLE FIXED ASS£1 TS Fixtures and fittings Plant and niacliinery Coinputer equipment Totals COST At l April 2024 Additions 15,909 9,611 11,765 8,446 37,285 8,446 Ai 31 March 2025 15,909 9,611 20,211 45,731 DEPRECIATION At l April 2024 Charge foryear 15,909 7,620 497 6,812 2,413 30241 2,910 At 31 Mah 2025 15,909 8,117 9225 33,251 NET BOOK VALiiE At 31 March 2025 1,494 10,986 12,480 At 31 March 2024 1,991 4,953 6,944 Plant and machinery Gomprises &55ets associaled with the Christmas Land fundraising event. 14. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.25 31.3.24 1 rade debiors Other debtors Prepayments and accrued income 197,428 271,203 5,909 24,353 54,382 251,810 301,465 Is. CREDtTORS: AMOUNTS FALLING DUE wrfHIN ONE YEAR 31.3.25 31.3.24 Trade creditOTS Social security and othertt¥es Other credttors Accruals and deferred in¢ome 2S,OIS 24,586 5,957 194,420 41,393 13,847 9,583 196,522 249,978 261.345 31J.25 31.3.24 Deferred Income Deferred income at l April 2024 Jncoming resoiirces deferred during the year Released from previous years 187,568 275,387 182,647 187,568 (187,568) {275,387) Def'red income as al 31 March 2025 182,647 187,568 Deferred in¢ome coniprises grants for servi¢es to be provided after the balance sheet date. P&ge 24 continued...
Havering Mind Notes to tlie FiiianciRI Statements- continued for the Year Ended 31 MAreh 202. 16. LEASIN'G AGRLbMLN'rs Minimum lease payments under non-¢anccllable operating leases fall due as follow5.' 31.3.25 31.3.24 Within one year Between one and five years 960 1,132 480 701 2,092 1,181 17. MOVEMENf IN FUNDS Net movement ii) fui)ds Ti'ansfers between funds At 31.3.25 At1.4.24 Unitstrieted funds General fund 501 J82 (171268) 265,527 595,641 Restrllcted funds Restricted funds 185,333 163,145 (265,527) TOTAL FUNDS 686,715 (8,123) 678,592 Net inovement in funds, included in the above are as follows-, Incoming resources Resources expended Movement in fiinds Unrestricted funds General fund 588,674 (759,942) (171,268) Restricted funds Restricted fiinds 985,827 (822,682) 163,145 TOTAL FUNDS 1,574,501 (1582,624) (8,123) Comparatives for movement in funds Net movcmcnt in funds Transfers betwccn nds At 31.3.24 At 1.4.23 Unrestrieted funds Generdl fund 353,609 (218,527) 366.300 501.382 Restricted funds Restricted funds 207,131 344,502 (366,300) 185,333 TOTAL FUNDS 560,740 125,975 686,715 Page 25 contiJ)ued...
Havering Mind Note5 to Ihe Financial StatemÈnts- continued for the YeAr Ended 31 March 2025 17. MOVEMENT IN FUTr4DS- continued Comparative iiet inovemenl in funds, inLluded in the above are as follows: Incoming resources Resources expended Moveinent in flinds Unrestricted funds General fund 470,635 (689,162) (218,527 } Restricted funds Restricted funds 996,533 <652.031) 344,502 TOTAL FUNDS 1,467,168 (lJ41,193) 125,975 A current year 12 months and prior year 12 monlhs conibined position is as follows.. Net movement in funds Transfer5 between fund5 At 31.3.25 At1.4.23 Unrestricted funds General fund 353,609 (389,795) 631,827 595,641 Restricted funds Rcstricted funds 207,131 507.647 (631,827) 82,951 TOTAL FUNDS 560,740 117,852 678,592 A current year 12 months and prior yeai. 12 months combined net movement in funds, included in the above are as follows.. Incoming resources Resources expended Movemenl in funds Unrestrieted fullds General fund 1,059,309 (1,449,104) (389,795) Restritted funds Restricted funds 1,982,360 (1,474.713) 507,647 TOTAL FIINDS 3,041,669 (2,923,817) 117,852 TRANSFERS BETThTEN FUNDS The transfer of funds from Restricted Fiinds to Unrestricted Funds is the net suinination of surpllises and deficit% arising fi'om proje¢ts which came to a natural end during the financi year ending 31 March 2025. For the avoidance of doubt this will also include projects cominencing prioi. to the current financial year which would have been relained as Restricted Funds as at 31 Mai'ch 2024. Furthermore the nature of these agreements allows the Cliarity to relain any surplus and similai'ly ¢over any deficits arising on a project by project basis. Page 26 continued...
Flavering Mind Notes to tht Fin2ncial Statements- Continued for the Yeai. Ended 31 Mareh 2025 17. MOVIMII NT IN FUNDS- continued TRANsfi ERS BETWEEN FUNDS- eontinued Within the unrestricted funds we have designated an amount of £300,000 lo cover any wind lip costs should the Cl)arily encounter financial difficulties in the fiiture. This amount will be reviewed annually and will be increased in line with any future growth. Details of how the Charity inlends to the reinainder of tlie unrestricted funds is shown in the Financial Report. 18. RELATED PARTY DISCLOSURES There were no related party transactions for the year ended 31 March 2025. There wer¢ no donations from trustees. 19. srATUS The organisation is a charitable company limited by guarantee. The company was established under a Memorandum of Association which establishes tl)e object and powers of the charitable company and is governed under ils Articles of Association. Page 27