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 de￿elop 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 reg￿￿1 to tlic Cli 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'OU￿1] 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 promote understanding and cainpaign foi. cl)ang¥, and is also tlie fii'st point of call for infonnaÉion 8nd advice. Investnienl policy and obj¢¢tives I'lie Ti'uslees manage tlie ii)V&$lrn¢nts ivithin the regulations tontained in Ilie Trusice Investments Act 1961. Due to the need to Jiiaiiit&in Ilie liquidity of tlie charity lunds al'e CUiTently I￿ld in a des)osiL account or on bank deposit. Page 6 Havering Mind Report of the Trustets foi. tlie Year End¢d 31 March 2025 STRATEGIC REPORT Finan¢i#l review Rescrves Policy Ordinai'ily, tlic Trustees, policy is to Inainlain an appi'opriate l¢iTel of unrestricted funds not cominitted oi. invesled in tanoible fixed assets. SO tliat in Ilie event of all funding being witlidrdwn theie i¥ould be sufti¢ient Irsources to wind down Il)e cui'i'ent activitics in a pi'ofessional mann¢i'. We l)aiie estimated ihat Eo ensui'e an ol.deT￿Y wind down of tlie Cliai'ity a I'eservc of £300,OQQ lappi'oximately tlirec nioi)ths expenditui'c incurred 01) Cliaritable Activities) is rcquired whi¢h ivould be lunded from the unresti'ieted tre¢ resei'ves. In addition to ihe estimated wind up eosts the trustccs have agTeed lo designate funds to LK spent iii thc coilling fin￿e[al year as follows". Ivith people ivitl)out having lo explain n)yself oi. justify why I'm thei'e., Anonymous, Peei. Support Gi'oui) Metnbci. STRIJC.TITRE, Govf.Rf+lAtSCE AND ftrlANIlGEMENT Governing document The cliw'ily 1% conti'olled by its goveri)ing docliinenl, a deed of ti'usl, and cunstitiites a limited LtimiJany, liiniled by gLiarant¢c, as delined l)y tli¢ Cojnpanies Act 2006. Page 8 Flavering Mind Rcpoyt of the T1.￿$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 ￿￿￿'2￿tee 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 a￿d 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 cOmpÉ￿Y law. tlie content of Ilie Memorandum and Ai'licles of Cliai'ily. The ¢omniitt¢e, dccision making prO￿sSes, 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 H￿nItE 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 eX￿nItied 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 n￿mber 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 Pl￿tIce). 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 eX￿nditu1'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 pl￿dent- state wliether applicable a¢coiinting standards have been lolloived, subject to any Inatei'ial dcpartlires digelosed and explained iii il)e fEn2ncial statements,. pl'epE￿e the finaneial statements on the goino Concern basis unless it is inappropi'iate io pr￿sume 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$i5 for opinion We conducted oui. audit in aec0i.dÉ￿ce with International Sthndai'ds on AudiiinE (UK) (ISAS (IJK)) and applicablc laiv. Our responsibilities under tliose standards are fui'thei. desci'ibed in tl)e Audi(oJ'5' responsibilities foi. tlie audit of tl)e financial statements section OF oui. repoi't. We a]t iiidependent of Ihc cl)aritable conipany in accordance witli the ethical r¢quii'emenl8 tl)at ale relevant to oui. audit of the finaii¢ial staternenis in tlie UIC. includin(¥ tlie FRL'S Etliical Stand&'d, aiLd ivc liave fulfilled our othci. etliical Ir8pansibilities in aceoi'dance with these 1'equi￿niCnt5. We believe that the audit evidenee we l)ave obtained is sullicient and appTUPI'iate to PlDvide & basis foi. opinion. Conelusion$ 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 fili￿l¢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 ns ive require for our audit. Page 12 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 bjectii'es ai'c to obtain reasoi)able assurance about wli¢thei' tlie financial staleinents as a wliole al'e fire froiii material mi%statemeni, wlielliei. due to fraud or error. and to issue a Repoi"t of the Independent Auditoi's tliat include5 our opinion. Rcasonable assurance is a l)igh level of assui'ai)ee. but is not a guarantee that an 8udiL Lonductttd in accordance witli ISA8 IUKI will alivtys defr¢i a InatLI'ial misst8temenl ii,hen it ¢xists. Mi5sialements can arise from fi'aud oi. errol. and aiE considered Inalerial if. individually oi. in tile a¥tt¥(tregatE tliey could i'easonably be expected to influence the cconomic decisions of users taken on the by5is of these fii)ancial staieinents. The extent to ii,hich our procedures are capabl¢ of d¢tc¢ting iriEgulai'ilies. including fraud is detailed below.. Irregularities including fraud, IUE instances of non-¢ompliaDce ivilh laiws and regulations. We design procedures in line vitli our iespunsibiliti¢s, ouilined above. to delecl material inisstgteiiients in iespect of Iii'egul￿.it1e1 ineluding fraud. The extent to which our procedu1.￿ ￿'e capable of detecting ii'i'egularitics. including fraud, is detailed beloiv. We obt2incd an understanding of the legal and reglilatoiy frameivark'.q appli¢able to the Ch￿'lty and the sector in ivhich tl)ey opei'ate. Ive deteiinined that tl)e folloiving ivei'c 11)ost significant.. the C'ompani¢s A¢1 2006. Ilie Chai'ities Act 2011, Child safegudi.dinor and tlie 14ealtli & Safety Executive (HSE). We obtained an undu'sianding of l)oiv the charity are complyinTr ivith those l¢gal and re£ulatOTy fi'ameivoi'ks by making inquirieb to Ihe manaoeinent of the ehai'ity. We eorioboi'ated ouy inquiries tlii'ough nur i'eview of Col'responden￿ dw'ing our audit ivork. We assessed tlie suscepiibilily lif Ilie ¢liarity's fiiiancial stateinenls to inaterial inisstatenient. including how fji'aud Illighl occui.. Audit procedLires pei'loiJned included: identifying and Lssessing the design cficctivcncss of controls In8nageineni l)as in pla¢¢ to pi'event and dctect fraud; undei'bt2ndii]¢J Iiow those cli4lrr¥ed ivitl) 8oveinance considered and addi'essed tlie pokntial for ovei'i'ide of controls or tlier inapproi)i'iate influenee OiTer the financial repoi'ting pn)cess' challLnging assumptions and judgeinents made by Inanagemciit in iV.q significant accounting estiinates., identifying k￿d testing journal ¢nlTies, in particular and journal cnti'ies Fx)sted with unusual account ¢oihbination8' assessing the extent of complian¢c ivith tlie relevant laivs and Il￿1]￿tIons. Because of the inh¢i'enl limiiations of an audit, th¢re is a rislc that we will not detect all irregulal'ities, including Iliose leading to a Illalerial n)isstateineni in tlie finaneiai stateinents or non-eoinpliancc willi regulation. This I'l>k increases tlie n)ore Iliat compliance ivith a laiv or rcttulation is i'einoi'ed froin The events and ts'ansactions reflected in tlie finaneial Stat￿MentS, as we will be less likel)I to bc¢oinc aware of instances of non-coiiipliance. The J'i%lc is also gi'eal¢r I'egarding iTregulai'ities oecui1.ing diie to fi'aiid rather than ei'j'oi., ls fi'aud involv¢s intcntional concealtnen4 foi'gery. collusion. 011118sion or misrepresentation. A fiii'tliei. description of oui. responsibilitiLS foi. Ihe dLidiL of the fin2neial siawn)¢nts is located 011 the Financial Reporting Council's ivebbiie at.. http'.l/www.fre.org.uklaiiditors r¢spon8ihilities. Tliis debciiption foimis pai'l of oiir auditoi s report. A fiii'th¢r desei'iption of our iL'5ponsibilities foi. the audit ()f the financial statcments 15 located on the FingLllLi&I Rei?oi'ting Council's ivebsite at Mviv.fre.org.IiklaudiLorsresponsibilities. Iliis description foiins part ofoui. Report of tli¢ Indtpcndent Auditors. Page 13 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 f￿ndS 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