HertFordshire Network Charity Reglstrakn No. 1112487 Company Reglslralion 5532977 {En9land and Wale5) HERTS MIND NETWORK UMtrED ANNUAL REPORT AND FINANaAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022 'ABG4DEJD* 05111r2022 CcPAlEs HOUSÈ A03
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HERTS MIND NETWORK UMrrED LEGAL AND ADMINISTRATniE INFORMATION Bo•rd Of Dii•¢tors Jess Lievesley (Chair from l Ortober (Appointed 11 September 2021) 2021) France5 De5champsneufs (Chjir to {Resigned 30 September 20211 30 September 20211 Erika Linhares de pau Ivice Chair) Elena Lokteva ffreasurerl Ritu Sharma {Board Secretary) Mark Craigen Omar Daniels Siobhan Nundram Helena Marks-Dwr Will Lewis Rilu Sharma Thalia-Rose Carter (Co Opted) {Appointed 8 December 20211 IRe5igned 16 August 20221 (Resigned 16 August 20221 (Appointed 8 December 20211 (Appointed 8 December 20211 (Appointed 8 December 20211 Kry management petsonnel Jvlie Nicholson M8E- Chief Exeojtive Joanna Marowtch - Chief Exe(utive (Appointed l November 2021) Alex Hunter Clare Rennett Jamie Stone (Resigned 22 October 20211 (Appointed 19 May 2021 & resigned 31 January 20221 (Appointed l January 2022 - promotion) {Appointed l January 2022 - promotion) (Appointed 8 February 20221 Danielle Lvry Carys Norman Hilary Lyth9oe Charity number Compary number 1112487 5532977 R*9iStèred offic• 139 Leighton Buzzard Ro& Hemel Hempstead Herts HPI IHN A¥ditor Myers Clark Chartered Accountants Egale I 80 St Albans Road Waiford WD17 IDL Bankers CAF Bank Ltd 25 King5 Hill Avènue Kings Hill West Malling Kent E19 4JQ Soli<itoTs SALawLLP 60 London Road St Albans Herts ALI ING
HERTS MIND NETWORK UMrrED CONTENTS Statement of difectors. responsibilities Directors, report 2-10 Independent auditorfs report 11-13 Statement of linancial activi(ies 14 Balance sheet 15 Statement of cash flows 16 Notes to the financial Matements 17-32 Appendix 33-34
HERTS MIND NETWORK UMrrED STATEMENT OF DIREcfoRS' RESPONSIBILMES FOR THE YEAR ENDED 31 MARCH2022 The 8oard of Directors. vA)o a also direaors of Herts Mind Nthoik Limited for the pvrpose of company law, are responsible for preparing the Directors. Report and the financial ststements in accordance with applicable law and United Kingdom Accounting Standards Iunited Kingdom Generally Accepted Accounting Pfacticel. Company Law requires the Board ol Directors to prepaTe financial statements for each financial year which give a true and fair view of the stste ol affairs of the chariiable company and of the Incoming resources and application of resources including the income and expenditure. ol the chantable company lor that year. In preparing these financial statements, the 8oard of Directors are required to= - sèlect Suitab accountin9 policies and then apply them consistenty. - observe the methods and principles in the Charities SORP,. make judgements and estimates ihat are reasonable and prudenL state whether applicable UK Accounting Standards have been followed. subject to any material departures disclosed and explained in the financial statefflen and prepare the financial statements on the goir4J concem basis unless it ts inapwopriate to presume that the charitable company will continue in operation. The Board of Dirertors are responSie for keeping adequate acryxjnting records that disclose wtth reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements cornpty with the Companies Art 2006. They are also responsible for Safeguarding the assets of the charitable company and hence for tsking reasonable steps for the prevention and detertion ol fraud and other irre9ularitie5. In so far as the directofs are aware". there is no relevant audit information of which the charitsble company's auditor is Unawa,. and the directors have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and tg establish that the auditor is aware of that infomiation.
HERTS MIND NETWORK UMrrED DIRECTORS. REPORT FOR THE YEAR ENDED 31 MARCH2022 The Board of Direthofs preSt their annual report and financial statements for the year ended 31 March 2022. The financial statements have been prepared in accordance wth the accounting polioes set out in ncjie I to the financial statements and comply with the charitable company'5 Igoveming d(Kumentl, the Companie5 Art 2006 and -Attounting ènd Rèporting by Charities.. Statement of Recommended Prnctice applicable to tharities preparing their accounts in accoidance with the Financial Reporting Siandard applicable in the UK and Republic of Ireland ISORP FRS 1021 {effective l January 20191". GOVERNANCE: CONSnTLilloN. STRUCTURE AND MANAGEMENT OF THE CHApIrY Herts Mind Nets¥ork Ltd 1.the Chariy andlor-HMN"l is a £omwy limited by guarantee hamng been regislered in Au9USt 2DJ5 under the name of Mind in DacoFUrn Ltd (name change in Au9USt 20071. A5 a reglstered charity. it is govèmed by its Memorandum and Articles of Association and the irust deed unde¥ which it was originalty sèt up. The Charity began operating as a company limited by guarantee on l Aplll 2006. The Board of Directors I'the Boardl compn'ses nine people including users of mentsl health seryices and their care givers_ Reuuitrnent to the board tskes place periodically a5 needed. and anyone from the community can apply lor these roles. Nominalion of candidates for e(tiOn to the Board is open lo the whole membership. and a ballot 15 held annualty at the AGM to elect those who wsh to stand for Officer posts. Members wshing to be considered for election to the Board are able to approach an Officer during the yeai for a discussion of the roles and responsibilities of a Di(tOr. Following this discussion. the rnember may be introduced to the Board and observe a number ol board meetings. The member may then be co-opted onto the Board in the intervening period before the next AGM where they will be formally appointed by the membership. Job descriptions exist for each OffKer position, and a lull brièfin9 is given about the roles and responsibilities when a Director is first appointed. Ongoing iraining is given to Director5 as and %then iequired. The Directors are responsible for all operational deci%ons taken by the Charity. includiThJ all¢xation of resources in putsuii ol its charitable objertives. although some of these decisions are devolved to the Chièl Executive and the senior members of staff. A Delegation of Authority document exists in reLitTron to ihose aaS where decision-making has been devofved to stsff. fof example in relation to ordering of go¢)ds and setmces. The Charity work5 in partnership with other organisations including Mind in Mid Herts, AGE UK, HPFf and GP'& where this is the most effective way to provide services across the county- The Charity had a subsidiary company. Herts Business Mind Ltd, but this company was dis50fv¢d on 10 May 2022. FINANCIAL MANAGEMENT AND C014TROL thjring this twefve-month period IApril 2021- March 20221, the Charity has vndertaken a wide ran9e of acbvities in pursuit of its charitable objedwes. To help rnanage these activtties. annual budgets for the following year ait prepared. presented to and agreed by the Boavd. To support the financial regime. clearty written policies about what activities will be funded and how. have been prepared and communicated to all invoed. At every Board meeting the Board relVeS monthly management accounts reporting on the financial performance and p051tion ol the organisation. These are presented to the Board and compare Uated forecast5 for the expected year-end position in the light of performance in the year to date. compared to budget The Board is presented with a narrab.ve prowded by the Treasurer and focuse5 on reasons for variation from budget. GOING CONCERN The Directors have a responsibility to make sure that the Charity continues in existence for the foreseeable future lat leasl 12 mgnths from signing these accounts) and to do 50 they have lo be sure that they alway5 have suffitiÈnt funds not only to pay the Charl5 bills as they fall due but also to fund commitment5 to futurè ¢apttal expenditure. Thi5 15 known as being a-go*ng concern- The Chaiitys review of Going Concem was extensive and exteThJed to'stress testing. for the dirett financial impact of an increased cost of liwng and inflation. The outcome of these reviews show that these events would bè challenging for the Charity but in the Directors opinion would not compromise the Charity's ability to continue 35 a Going Concern.
HERTS MIND NETWORK UMrrED DIRECTORS. REPORT FOR THE YEAR ENDED 31 MARCH2022 IUSK MANAGEMENT Altention continues to be given to tht maitir strategio ixjsiness and operational risks which the Charity faces, and believes that maintaining adequate levels of reserves. cornbined with an annual rwew ol contro15 over kty financial systems, will provide sufficient resources in the event tsf advèrse conditions. To attend to risk management, the Oirectors have prepared and gUladY review an organisational risk management policy. Areas of risk have been broken down with responsitslity for each section allocated to individual Oirectors or members ol the senior management team. Some of the key risks that the Charity has inchJded in its policy are.. Fisks Over reliance on a le fvnd¢r Competilion for contracts and tènders Plansto mana e the r.isks ncrease the number of non-statu lunders Ensure that we create service models that are ffedive. competitive. innovative and responsive to local need. Ensure that our IT system Is robust and rneets the eeds of a rowin or anisation. C ber securi Maintairn and develop tollaborative. honest and Ilective commissionef relationships by delNering Igh quality services that meet the needs of our local ommunities. ofk with consultant& ensure all staff are aware of ndividual responsibilities and reporting. comply with islation and r ulkn'ons ollow legal advice. Implement and adhere to olicies, staff trainin wareness of chan esin overnment ocus on staff wellbeing. Ensure good training and evdopment opportunilie& RecnJ)tsnent review in ro res5 systems and cyber crime Relationship with furtder5 Health, Safety and the Environment Loss/ misuse personal data taff recnjitment CHARMES AND PUBUC BENEFrr The Directors of HMN have read the guidance issued by the Charity Commission for England and Wales on 'Charities and Public Benelrt.. The Directors confirm that the objects of the charity fully comply wilh this guTrdance and fijrther information 15 Sèt out below. RESERVES POUCY Thè Directors ensure that reseryes are maintained at a level that enabbes the Charity to meet (ts orKJoing obligations as well as managing financial risk and flucating income. as tt seeks to maintain existing charitable activities and develop new ones. Transfers are made from restricted funds to unrestricted funds to cover the agreed contribution to thebr general running cos The Directors have determined that unrestricted reser¥es amounting to at least £650,orKI should be maintained to enable the Charity to cover the costs of on*oing obligations in the event that the Charity can tKJ longer support its service offerings or contracte(I semces cease. This amount is considered to address committed costs for a range ol items for o period ot three months. This level of reserves enables the Charty to fund working capital requirements. retain experienced stsff during short term funding gaps and acquire fixed a55et5 to be used over a number of years. This level will reviewed annualty to ensure it is still appropriate_ The Charity rnaintains funds in longer temi investment accounts where such funds are not required for day to day adivitie5. Thi5 provide5 security to the organisation and provides some additional interest retum.
HERTS MIND NETWORK UMtrED DIREcfoRS' REPORT FOR THE YEAR EJVDED 31 MARCH2022 ANANaAL POSMON During the year ended 3111 March 2022. total income was £3.093.082 (202L. £2,856.4361, and total expenditure was £3,011,31412021.. £2,733,847). The reserves ol the Charity increased by £8L768. FUNDRAISING The majority of HMN'S irtcomè is derived from contracts and grants. The organisation also receives income from social enterprises detailed below, donaiions and legacies. There are static collection boxes at various locations in Hertford5hire and the ability for people to donate to us Our website and through a Herts Mind NeOrk Just Giwng page. There is commercial fundraising activity direcdy to the public MISSION AND VALUES Our mission To create opportvnities for individuals to make choices find their own 501utions build Te5ilience and manage their whole life and wellbeing. Our values / Hope / Empathy Re5pecl / tegrity / Excellence Ve won't give up until everyone experiencing a mentsl heatrh prrn gets both 5UPWrt and respe REPORT ON PIUNCIPAL ACllVtrIES We provide essential mental health support in HertFordshire. Pfcmding a diverse range of servtces from our seven Wellbeing Centres and other venues acr055 all ten distrirts of the county. Funded localty, our serwces are available to all Sidents in Hertfordshire over the age of 18 and we offer dedbcated service5 for 10-18 year olds. We create opportunities for individuals experiencing mental ill health to make choices, find their solutions. build resilience and manage their whole life and wellbeing. Our seryices are based on the principle of 5elf-help with strong emphasis on prevention. personal development self-mana9ement and improving health and wellbeing. We provide opportunities foi indiwdu3ls to access support to enable them to recover from or live with mental ill health. Our seNi¢es are grouped in the following area Crisis services Complex needs and community support Volunteering opportvnitie5, employment supwt training Social enterprise Health and wellbein9 Peer 5UPPQrt
HERTS MIND NETWORK UMrrED DIRECTORS. REPORT FOR THE YEAR ENDED 31 MARCH2022 RÈPORT ON PRINCIPAL ACTMnES (coNllNUED) L Complex Needs and Crisis Inlemntion We have continued to develop the NightLi9ht coUnde of hourfs rnental heahh crisis seryice during this financial year. Our Ni9htLight Crisi5 Helpline team is open from 7pm to lam. wery day of the year. We are providing the Nightli9ht Crisis Cafés from our Watfth and Ware Wellbeing Centres on appointment only basis. They are open each day, as follows: 6pm -lam every evening Our NlghtLi9hi wètkend Crisi5 Centre luisis beds). is in Hemel Hempstead and has four bed spaces that can be used if an overnight or weekend stay WOLtld help an indiwdual to resofve their crisis. The beds are avaikible (depending on capacity) on Friday through to TueaY momings. The centres provide a safe. homety and wdcoming space for people who are feeling distressed and experiencing a crisis. Each centre is staffed by a team of skilled and experienced non-tlinital mental heahh workers, many of whom have a lived experience of ment31 ill health. We will be opening a Crisis Café in Stevenage during the next financial year (opened in Juty 20221. 2. Complex Needs and community support We are experienced provider5 01 complex needs and crisis services within the county. We offer people in any form of crisis, hèalth or social, access to the right SVPPOrt for them to prevent fvjrther deterioration. self-ham or Suicide. Our Community Support Ser¥i<ts provide advice, information. onward referral and holistK support to peopEe who are experiencing mental Ill-health or need help with their mentsl wellbeing. These teams provide tsne-to-one outrèach support in a variety of areas such as emotional and practical support., housing need-, benefits,. access to services," signposting.. help to reduce episodes of crisis and building life skn"Il& In Three Rwers we also provide intensive support fof people expeviencing domestic abuse The Stèppin9 Stones service forms an integral part of Hertfordshire Mind Network's IHMNI Commvnity SeNices, providing one-to-one outreach support to facblitate a smooth. timety and supportive discharge from h05Pltal back into the community. The project is here to provide advice. informats.on and holistic Outread) support to people who a experiencing mèntal Ill health or need help with thr mental wellbeing. We work akjngside each person to develop an individually tailored package of support that meets their needs working Wlth them for up to 8 weeks to find the solution5 that ale right for them. Stepping Stones also support referrals on to other services ts)th intemally and extèrnally shoukl longer-temi support be required. Early in the nexr financial year. we will be opening an exciting new project called Flourtsh- Mental Health for Relugees in Hertfordshiie. This is a highly flexible and responswe outreach semce developed to meet the need5 of refugees fleeing the war in Ukraine & other refugees in Hertfordshire. The aim of the service wll be to support refugees in the community with multiple needs who have mental heatth support as a primary need. The countywide holistic service also provides emotLonal wellbeing and practical support tor families who are hosting refugeès.
HERTS MIND NEfwoRK UMrrED DIREcfoRS' REPORT FOR THE YEAR ENDED 31 MARCH2022 REPORT ON PP]NapAL ACll (CONTINUED} 3. Volunteering OUT Wellbeing Centres and sÈMcÈs art supported and enhanced by a large team of skilled and committed volunteer5. The support of our volunleer5 is invaluable and we wouldn'i be able to provtde all ol the services that we do without their help. For many volunteers thr role also prowdes a stepping stone back to learning, training and/ or employment. We offer a wide variety of VolunteerirrtJ Opprytunities and stron9ty encour39è our cliènts to engage in the training to find a placernent within the organisation. Meaningful occupation is accepted as the basis ol recovery and comrnunity inclusion. Clienis often use the training and work experience as the first step to employment working initially a few hou¥s a week and building confidence and skills in the process. Our employment support has demonstrated outstanding oulcomes in supporting people into paid employment and in job tents"on for those aladY in work and experiencirg mental ill health. We offer a range of self-development courses for people aged 19+ designed to improve wellbein9. build confidence and gain new skslls. We offer a variety of courses. such as Building Resilience, Building Self-estee Introduction to Wellbeing, Learning io Accept Change & Uncertainty, Mentsl Health and Work Mindfulness Relaxation. Overcoming Fear e4 Anxiety and Understandiry Self-compassion. 4. Soci41 Enterprise Coun5elling and Training Our countyw'de Counselling Service 15 fun a5 a Social Enterprise vmth volunteers in the final year of training together with a team of qualified counsel10 offering their time in return for paid superv15ion and the opportunity to work sn a thriwng mental health charity- We offer a 51iding scale in terms of payrnent so that ihe serviet is affordable for most people who may othe1$e be denTred c(yJnselling provision. M•ntal Health Trainln9 is another fast growing source of Income generation being delivered in both the private and public sertor. Training is varied from working with Gws to be more aware of the signs of suicide to stsff in private industry managing stress more effertively. A key part ol these services in terrns of health promotion is lo raise the profile of mental ill health while supporbng Ihe organi5ation to be more profitable. 5. Hl¢h & Wellbeing A major part of our setvice provision focuses on preVen'On. access to earty help and irnproving health and wellbeing both physically and emotionally. We work with older people to offer support with memory loss and to engage socially with walking and memory sustaining acbvities. The Chiklren & Young Pe¢)ple team our Wellbeing Access Workèrs help to address the needs of y¢)ung people and a range of othef diverse groups including LGBTQ and ethnic minorities. Wè work with a number of schools and voluntary organisations in Hertfordshire ènd offer a rarye of activities from assemblies. to rnental health W0$hops, siaff training and fundraising events. We also have our Spot thè Signs Yaung People's <ampaigry which aims to remove sDgma of ialking openty about suicide among young people and those who support them_ Our engagement work also includes support access to statutory services through our Wellbeing Access partnership with Hertfordshire Partnership NHS University Foundation Trust that aims to reduce barriers to accessing Hertlordshire Mind Network and Wellbeing Service services/promoting av4areness of mentsl health and support seNces available to residents of Hertfordshire. Support for carers is a key part of our prevention strategy and we offer Peer Support groups, counselling and range of other provision such as pottery, yoga and self-5UPPOrtbng ArL
HERTS MIND NEfwoRK UMrrED
DIREcfoRS' REPORT
FOR THE YEAR ENDED 31 MARCH2022
REPORT ON PRINapAL ACnVITIES (CONTINUED)
Our Step2Skllls courses offer a Tange of wellbeing focused sell-development courses for people aged 19+
designed to improve wellbeing, build confidence and gain new skills. Topic5 include,. building resilience," building
self-esteem", introduction to wellbeing.. leaming to accept change and uncertainty., rnindfulness and relaxation..
understsnding anger and other emotions and overcoming anxiety and fear. Alongsidè this we provide training
under our training social enterprise through which we prowde an extensive range of training to voluntary.
statutory and private sertor org3ni5ations l(Kally land national) with a focus on mental health and wellbeing.
6. Peér Svpport
Our countywide Peef Support Service offers flexible suppJrt for adutts experiencing mentsl ill health and those
that care for al support them.
The service is staffed by a tèam of Peer Support worker5. vtho have a lived experience of mental in health and will
work in collaboration with clients to develop an individualty-tsilored package of support that mee15 their needs.
Through providing safe and accepting I'.1 support, Peer Support Groups and Peer Leamin9 Courses, the semce
enables clients to explore theii strengths and resources and find solutions.
We also provide a Peer Mentorin9 Servi
HERTS MIND NETWORK UMrrED DIREcfoRS' REPORT FOR THE YEAR EJVDED 31 MARCH 2022 Children & Youn9 People pro¥ision HMN supported 5.725 people durin9 this tsvefve-month period providing broke down a5 follow5: 4.042 young people were supported through workshops. 136 young people accessed 727 one-to-oth support sessions provided by Herts Youth Futures. 53 young people accessed the CYP Helpline. Provided training to 1.268 profess•onals who WO with children and fig people. 226 parents attended Children & Young People workshops. 5.536 Spot the Signs attendees 319 Spot the Signs seonS were provided Through its work HMN has had a major impart on many indNidua15' INe5 and a5 a resuft has had many public benefits. including.. reduction in SLtitides within the county- reduction in isolation and loneliness for at risk client groups. • improved health and wellbeing of Hertfordshire residents. • reduction in hospital admissions by supporting clients in crisi& increase in employment through social enterprise programmes. prevention of lon9 term mental health conditions. incrèase in èwarerness of mental health and mentsl ill-health. HMN'S clients have provided some fantastic feedback-. wayslnLvertiwhtlcould" 7t Was Usefvland whleaccessing thesefwce. Iletsa lotsaferandlA4dgreat5UPPLVtgLvng Ihadsupport thprJcticalrthng5 wthch fft tumsupportedmynntslheafth" 7feelreatyto lace IIHsconwwyew- the supportfrom my Mvtslwbeena b47partolthat Thankyou.," -8efore working 1 my Youth Mntor/dkpyIIM•thlwruldLable to do any¥thry nowlhaveajob andlam leawiw the house da- Youngp•tson 71ike talknng tomy Youth MenforhonestyaLwtMyproèle Shegave me mofe thofwhays OUtthe fv 7n the shortamountoftiine wt'vebeen kvking logether. my Youth Mentorhas hedme ffl0 than anyoné everhas. Ihave notbeen this happyin lfinalfyfeellthelingefftngsomewhere- Y¢wngperson Trnkyou so mucts theresaA¥asorneone wllry ro hsten arh¢lht.MheIghtdwrt "/thelp5knongyOU are atthe Qtherendoltheplne-N1ghtrIopr Yhnkyou /ortalking tome tonwh¢ Idon'tknowwhatlwotskhave donerfyou weren thefe"Nwhtlight client Attendees at our SF)Ot the Signs and Emotional Wellbeing courses have provKled the following feedback.. ljusr wanred to rhankyou verymuch forthe excellentpresentationyou deliveredlasf week. rhe content was so appropnate andhelplullof GPS andY0urpserttation style relFecteda realinterest andenthusiasm.- "Thanks verymuch fvlyourhardwork. Imetyourcolleague Jndshe wassogoadwith the children. We are aware olihe other workshop5you do lorthe olderchildren andparentsandmaybe in touch laterin theyear about them." Yhesessions have beenso invaluable fv our Year6children andhave equippedthem th some toolsaheadof their transition to 5econddryschool. Thankyou lorthe resources, hKhlshJllpass on. We hope thatyou can come back to 8oxmoorand work th anothergrovp of¢hildren nextyear." YhJnyLW SO mu¢h loryouremailand takiiw the Di77e fojoin us on OUTamazin9 Fe8ling Good Week,. We really enjoyédyourworkshopsandhadsuper leedlMc from k)tsolthe classe& Yes Iwillpr(WFteyoUr s*Ybsite andcany wair to work "thYoug0in-
HERTS MIND NEfwoRK UMrrED DIRECTORS. REPORT FOR THE YEAR ENDED 31 MARCH2022 POST BALANCE SHEET EVENTS: RESPONSE TO THE PANDEMIC We continued to adapt to the impatt of the pandemi¢ ensuring that our clients and carers were able to actess the support that they needed during the most challenging of times. We remained open and responsive to local need in a pL3nned way and limited linancial risks in relation to our lunded serwces_ Alongside our face-to-face service provision, we also repurposed existing funds to maintsin some of the online activitie5 that we created during the first period ol lockdown. Thi5 ensured that we had a range of responsive service provision and were able to adapt quick to further periods of imposed restridKsns d(Jring this financial yèar. We adapted our prowsion 50 that we could provide a hybrid model of services. including face-to-lace support and one-to-one and group support provided remotety through phone, Skype. Zoom and Demio. Thi5 enabled lients to feel connected to each other and to us through subsequent periods ol fvrther restridions. We believe that these new ways of working. bring significant benefits for ihe Kxople wtho use our Services and 50 we have embedded a sustainable hybrid model of sUPPOrt aCTOSS OUI piovision. PLANS FIX FUTURE PERJODS The Board are fully aware of risk of further potential cijts in statutory fvndin9. and the implications.of such cuts are discussed by the Board. The Board (ontinues to develop plans to ensure that HMN can still deliver high quality services should furthef Cuts in statOry funding arise. The Charity will continue to seek funding to support its rk in a variety ol ways. including partnership working. direct grant application and developin9 Other income streams. The key area5 of attenty.on are detailed beb)vr. SÉRVICE PROVISION To seek new funding opportunities to enhance and devekjp the current wovision in line with unmet needs. To work with clients, comnissioner5 and rnn-5tatutory pfowdews io assess changes in national policy and local tlends to drNe and develop rèsponsivè innovative semces to meet luture challèngès. To attract new. non-statutory funding into the organisalion. in order to protect our independence and allow more Innation and cieatiwty within oui provision. To develop new partnerships to promote inngvative ways of workn"ng_ To continuousty strive to delwef semces of high quality. which are safe and offer best value. To 5UPPOrt stsff and their welfare and sustain a well-trained supported wofkforce able to deliver high quality services. To develop HMN counselling Services acr055 the Netwth and btyond to meel current demand. To improve our marketiry PR and Communications across the ccwnty to ensuie that our communities know who we are. what we do and how to access us. To build on our Training and Social Enterprise opportunitie5 by developing a robust training programme to attract new funding in the delivery ol mental health 5UPPOrt to business and public sertor bodies a5 well as the 9eneral public. To broaden the range of setryices we oJrr*ntty prOve to attract ntMT people who are in feceipt of a per50nol iHJd9et or direct payment To develop seNices to promotè physical and emotional well-being. encourage progression and self- management
HERTS MIND NETWORK UMtrED DIREcfoRS' REPORT FOR fHE Y£AR ENDED 31 MARCH 2022 CAMPAIGNING To continue to seek funding to enable us to lead the way in raisin9 awareness on ment81 health issues and ontinue to challenge the stigma and prejudice surrounding mental ill health. To Continue to work alongside county organisation& both ststutw and voluntary. to ensure that mental health remains a high priority on the NHS health agenda. AU0ORs Myers Claik offer themselves for reappointment at the AGM. This report is prepared in accordance wth the small compan5 fegime ISection4191121 ol the Companies art 2CMJ61. Approved by thè Board of threctors and signed on behalf of the Board. Elena Loktev Dlrrftor Dated." S October 2022 (Treasurer) Jess Lievesley Ichairl Direclor Dated..S October 2022 10-
HERTS MIND NETWORK UMrrED INDEPENDENT AUDrroR'S REPORT TO THE BOARD OF DIREcfoRS OF HERTS MIND NETWORK UMrrED Opinion We have audited the th"nancial statements of Herts Mind Network Limited (the 'charitsble company'l lor the year ended 31 M3rch 2022 which comprise ihe Statement of financial artivitses, the balance sheet the statement ol cash flows and notes to the financial statements. including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdorn Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applKable in the UK and Republic of Irelèndlunited Kingdom Generalty Accepted Accounting PractKel. In our opinion. the financial statemenis". give a true and fair view of the stste of the charitable company's affalrs as at 31 March 2022 and of its incoming resources and application of resources, for the year then ended,. have been property prepared in accordarKe with Uniied Kingdom Gèneralty Accepted Accounty"ng Practice,. and have been prepared in accordance with the reqU1meThts of the Companies Act 2006. Bas1$ for oplnk+n We cgnducted our audit in accordance wtth Intemational Standards on Audits"ng {UK) (ISAS IUKII and applicable law. Our responsibilities under those standards are further described in the Auditors responsibilitie5 lor the audit olthe financial statéments section ol our report We are independent ol the charitable company in accordance with the ethical requirements that are relevant to our audit of the finanoal atements in the UK includiThJ the FRC'S Ethical Standard, and we have fulfilled our othef ethical responsibilities in accordance with these quIrements. We believe that the audit evidence we have obtained ts sufficient and appropriate to provKle a basis for our opinion. Conclusions relating 10 90ing ¢oncem In auditing the firTrancial staternents, we have concluded that the dirertors. Use of the going concern basis of accounting in the preparation of the financial aternents 15 appropriate. 8a5ed on the work we have performed. we have not idenb.fied any material unrtètnl1es ielating to events or conditions that, individualty or collectively. may cast signih.cant doubt on the charitable company's ability to continue as a 90ing Concem for a period of at ast twelve months from when the financial statements ale authorised for issue. Our responsibih.ties and the responsibilities of the Board of Directcrfs with respect to goiThJ Conrn are described in the relevant sections ol this report oiher inlormatson The other information compri5e5 the information included in the annual report oiher than the financial statements and our auditor's report thereon. The Board of Direclors arè responsible for the other informats.on Contained within the annual report. Our opinion ofi the financial statements does not cover the other information and we do not express any fofm of assurance conclusion thereon. Our responsibility is to read the other infomation and, in doing so. consider whether the other infomiation is Material inconsistent wth the financial statements or oui knowledge obtained in the course of the audit. or otherwise appears to be matenalty misslated. 11 we identrfy such material inconsistencies or apparent material mi55tatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themsefves. If. based or) the work we have performed, we conclude that there is a material misstatement of this other infomation, we are requi to pOrt that fart. We have nothing to pOrt in this regard. Opinions on other matters pres¢ribed by th* Compan1 Art 2006 In our opinion, based on the work undertaken In the course of the audit.. the information given in ihe trustees. report which inclLtdes the directo, report prepared for ihe purposes of company law. for the financial year for whith the financial statements afe prepared is consisterni with the financial statement& and the directors. report included within the trustee5' report has been prepared in accordance with applicable legal requirements. 11
HERTS MIND NEfwoRK UMrrED INDEPENDENT AUDrroR'S REPORT {CONTINUED) TO THE BOARD OF DIRÉcfoRS OF HERTS MIND NETWORK UMrrED Matters on which we are requked to report by exceplion In the light of the knowled9e and understanding of the company and its environment obtained in the course ol the audit, we have not identilied material misstatements in the dire(tors' ièport induded within the trustees. report. We have nothing to report in respect of the follrring matters in reLiiion to lch the Cornpanie5 Art 21)06 and Charities (Accounts and Reports) Regulations 2CQ8 require us to report io you rf. In our opinion." the information given in the financial statements is inconsistent in any material respect with the dirertors, report,. or sufficient accounting records hève not been kept.. or the financial statements are not in a9ment with the accounting records or we have not ceiVed all the information and explanations we require for our audit Responsibilities of Board of Dir*ctOTS As explained more fully In the statement of directors. responsibilitis the Board of Director& who are also the directors of the charitable company for the purpose of company Saw, are SPonsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such intèrnal control as the Board ol Directors determine is necessary to enable the preparation of financial statements that are free from material missiatemènL whether duè to fraud or èrror. In preparing the financial statements, the Board ol Directors are responsible for assessing the charitable companrfs ability to continue as a going concern, disclosing, as applicable. matters rebated to going concem and using the going concern basis of accounting unless the Board of Directors either intend to liquidate the charitsble company or to cease operations. or have ng realistic altemative bul to do so. Auditor's responsibilities for the audit of the financial slatements We have been appointed a5 auditor under section 144 of the Charities Aci 2011 )nd report in a¢cordan¢e wth tht Aa and relevant regulations made or having effect thereunder. Our Objecti are to obtain reasonable assvrancè abcmrt whèther the financial aternÈnts as a whole arè free from material missiatement. whether due to fraud or error. and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAS IUKI will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material rf. indiwdual'ty or in the aggregate, they could reasonabty be expected to influence the economic deci5i9n5 01 users taken on the ba515 Of these financial statement> The extent to which our procedure5 are Capab of detecting irregularities including fraud. is detailed below. The extent to whlch Ihe audit was Considered capable of deterting irregularities including fraud In identifying and a5sessin9 the risks of material mtsstatement in respect of ir¥egulariiits. includin9 fraud and non-cgmpliance with laws and regulations we considered the following-, The nature of the industy and 5ertor. control environment and tXJ5iness performance including the design of the remuneration policies, key driver5 for trustee remuneration, bonus levels and performance targets.. results of our enquiriÈs of Managemeni about iheif own identification and assessment of the risks ol irregularities," any matters we identified hèving obtained and review the charitable company's doojmentab'on ol their policies and procedures relating to.. • 1denti.ng. evaluatin9 and comptying laws and regulatTron and whether they were aware of any instances of non-compliance., detecting and responding to the risks of fraud and whèther t have knowledge of any actual, Suspect or alleged fraud." the intemal controls established to mitigate risks of fraud or non<ompliance wth laws and gulations the matters discussed among the audit engagement team regarding how and where fraud might occur in the financial statèmènts ar any potential indicators of fraud. 12-
HERTS MIND NETWORK UMrrED INDEPENDENT AUDrroR'S REPORT (CONTINUED) TO THE BOARD OF DIRECTORS OF HERTS MIND NETWORK UMrrED As a result of these procedures. we con%defed the opportunities'and irKentives that may exist within the organisation for fraud. In common with all audits under JSAS IUK), we are also required to perform specific procedures to respond to the risk of management override. Wè also obtained an understanding of the legal and regulatory frameworks that the charitable company operate5 in. focusing on provisions of those law5 and regulation5 Ihat had a direct effect on the determination ol material amount5 and disclosure5 in the tinancial Statern15. The kty laws and regulation5 we considered in this context included the UK Companies Aa. In addition. we considered provisions of other laws and regulations that do not have a direct effect on the financial statements but compliance with which may be fundamental to the cornpany's abiltty to operate or to avoid a rnaterial penalty. These included Employment law. Awlil response to risks identified To address the risk ol fraud through mana9ement bias and ¢)verrTde of controls we= performed analytical pr(xedures to identify any unusual or unexpected reiation5hip5.' tested journal entries to identrfy unusual transactiot)s assessed whether judgements and assumptions made in deternNnin9 the accountir¥J estimates were indicative of potential bias,. and investigated the rdtionale behind significant or unusual transadions. In response to thè risk of irregularities and non-compliartce th law5 and regulations, we e53ned procedures which included, but were not limited to." • agreeing financial stalemerit disclosUS to undedying SUPPOrting documentation.. ading the minlrtes ol meetings of those Charged with governance." and enquifing of management as to actual and potential litigatton and daim& There are inherent limitations In our audit procedures described above. The more removed that laws and gUlationS are from financial tran5artion% the less likety it Is that we woukl becorne aware of non-compliance. Auditing standards also limit the audit procedure5 required to identify non-compliance with laws and regulations to enquiry of the directors and other management and the inspection of regubatory and legal correspondence, il any. Material misstatements that arise due to fraud can be harder to detert than those that arise from error as they may involve deliberate concealment or cdlusion. A further description of our responsibilities is available oft the Financial Reporting Council's website at httpsJ/ w4yw.frcorg.uklavditorssponsIbIIitIes. This description lorms part of our auditof's repo Use ol our report This report is made solely to the charity's trustee& as a body. in accordance with Chapter 3 01 Part 16 of the Companies Act 2006 and part 4 of the Charities IAccotJrtt5 and Reports) Regulations 2008. Our audit work has bten undertaken so that we might stste. to the IFwrity'5 trustees those mattets we are required to state to them in an auditors, report and for no other purpose. To the fullest extent perniitted by law. we do not accept or assume responsibility to anyone other than the charty and the charitys trustees as a body. for our audit work, for this reporL or for the opinions we have formed. Paul Windmill {Senior Ststutory Auditor) for and on behalf of Myers Clark 7 Ortober 2022 Chartered Ac<oyntants Statutory Awlitor Egale I 80 St Alban5 Road WatFord Hertfordshire W017 IDL 13-
HERTS MIND NETWORK UMtTED STATEMENT OF FINANaAL ACTMTIES INCLUDING INCOME AND EXPENDrruRE ACCOUNT FOR THE YEAR EJVDED 31 MARCH2022 Total Unrestslrted Restrided funds funds 2021 2021 Total fvnds 2022 lunds 2022 2022 2021 Income from: Donations and legacies Charitsble activities Other trading activities 62,187 258,139 13,527 3.140 2.75L457 4.632 65,327 3.TrJ9,596 18.159 78.158 254.129 2.728 19 2,521.402 78,177 2.775.531 2.728 Totsl in<ome 333.853 2.759.229 3.093.082 335,015 2.521,421 2,856.436 endi Charitable activities ur 981.281 2.030,033 3.011,314 597,331 2.136.516 2.733,847 Net (outyo1n9)fJ0ming resources before transfrs Gross transfers between funds 1647.4281 729.1% 81,768 1262,3161 384.9)S 122,589 684,88S {684.8851 314,256 1314.2561 Ne¢ income for ihe year/ movm*nt in lunds 37.457 44.311 8L768 51.940 70.649 122,S89 Fund balances ai l April 2021 403,793 110.217 514,010 351,8S3 39.568 391,421 Fund balances at 31 MarEh 2022 441,250 154.528 595,778 403,793 110.217 514,010 The statement of financial actiwties includes all gains and losses ieco9nised in thè yèar. All income and èxpenditure derive from continuing activities. The statement of financial activities also complies with the reqUirnents for an income expenditure account under the Companies Act 2006. 14-
HERTS MIND NETWORK UmED BALANCE SHEEr ASA r31 MARCH2022 2022 2021 Notes Fixd assets Intangible assets Tangible assets io li 13.491 70.845 7,810 67,042 84.336 74,852 Cuwrenl ass•ts Debtors Cash at bank and in hand 8.971 851.793 177,828 751,946 1.652.764 929.774 credit Jmoutyts fallin9 du• wrthin one year 13 11.141.3221 {49).6161 Net current assets 51L442 439,158 T¢*tsl assets less curreni liabilitie5 595.778 514,010 Income lunds Restricted funds Unrestrirted funds Is 16 154.528 441.2SO 110.217 403,793 595.778 514.010 The company is entitled to the exemption from the audit requirement coniained in 5ertion 477 of the Compantes Act 2006. for the year ended 31 March 2022. although an audit has been carried out under section 144 of the Charities Act 2011. The members have not required the company to obtain an audit of Its financial staternents under the requirements of the comPare$ Art 2CX)6, for the year in question in accordance with section 476. These financial ststements have been prepafed in accordance the PrOS1OnS applitable to companies Subject lo the small companies regime. The financial statements were approved Of Dirertors on 2022 Elena Lokteva Director asurerl Jess Lieve$ {Chairl Dirertor Company Regi51ralion No. 5532977 15-
HERTS MIND NEfWORK UMrrED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH2022 2022 2021 Note5 Cash flows from oporatlng acti¥illes Cash generated from operations 22 138.770 488,552 Investln9 acllvltles Purchase ol intangible assets Purchase of tsngible fixed assets 113.8871 125,0361 156,0101 Net <a5h used in InTtIn9 a¢tiv¥ts•s 13&923} 156,0101 Net Cash used ID financing artivities Nrt 5ncrease In cash and ush equivalents 99.847 432,542 Cash and cash equivalents ai beginning of year 751.946 319.404 Cash and cash equivaleftts at el ol year 851.793 751.946 16-
HERTS MIND NETWORK UMrrED NOTES TO THE FINANaAL STATEMENTS FOR THE YEAR EJVDED 31 MARCH2022 Accounting polities Charity inf•)rni•tion Herts Mind Metwork Limited 15 a private company limited by guarantee incorporated in England and Wales. The registered office is 139 Leighton Buzzard Road. Hemel Hempstead. Herts. HPI IHN. 1.1 kcgunting <onvention The financial ststements have been prepared in accordance with the charitable company's 9overnin9 document the Companies Act 2(K)6 and "Accounting and ReportiNJ by Challties-. Statement of Recommended Practice applicable to charibes preparing their a(CnIS in accordance th the Financial Reportin9 Standard applicable in the VK Republic of tretsnd ISORP FRS 1021 leffecttve l January 2019}" The charitable company is a Public Beneffit Entity 35 defined by FRS IOZ The financial statements are pPared in sterling. which is the functional currency of the charitable company. Monetary amounts in these finanoal slatements are rounded to the nea$t £. The financial statements have been prepared uThJer the historical coll convention. Imodifjed to include the revaluation of freehold properties and to include investment properties and certain financial instruments at lair valuel. The principal accounting pdicies adopted are set out below. 1.2 Going roncern At the time of approvin9 the financial ateMents, the Board of Directors have a reasonable expectation that the charitsble company has adequate resources to continue in operational existence for the foreseeable future. Thus the Board of Directors continue ro adopt the going concem basis of accounting in preparing the financial ststements_ 1.3 Charitable fvnds Unrestricted funds are available for use at the discretion of the Board of Oireclors in furthernnce of ih•ir charitable objectives. Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. 1.4 In¢om• Income is recognised when the charitabk company 15 legalty entitled to it after ary performance conditions have been met, the amounts can be measured reliably. and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are reco9nised once the charitable company has been notified of the donation. unless perfomiance conditions require deferral of the amount. Income tsx recoverable in relation to donations receNed under Gift Aid or deeds of covenant is fecognised at the time of the donation. Legacies are re(ognised on receipt or othewse if the charitable company has been notified of an impending distribution, the amount is known. and receipt is expected_ 11 the amount Is not known, the legary is treated as contingent asset. 17-
HERTS MIND NEfwoRK UMtrED NOTES TO THE FINANaAL STATEMENTS (CONTINUED) FOR THE YEAR EIVDED 31 MARCH2022 Accounting polities (Continued) 1.5 Expenditure Liabilities ore retognised as expendiiure as soon a5 there is a legal or constructive obligation commffting the charity to that èxpenditure, it Is probable that setdement will be requi and the amount of the oblwation can be measured reliabty. All expenditure Is accounted for on the accruals basis. Where costs cannot be directly attributed to an actiwty inclvdirrtj support and office costs they have been allocated to activity cost categorie5 on a basis consistent with the use of the resource i.e. estimated time spent or resource used. 1.6 Intangible fixed assets other than 9oodwill Intangible assets over £l.Crf)O acquired separatety from a busTness are recognised at cost and are subsequentty measured at cost less accumulated amortisation and accumulated Impairment losses. The primary intangible asset is the charity datsbase vthith is central to the organisation. None of this expenditure is regarded as researth and development cost but a5 live improvement to refled service requirements. Amortisation is recognised $0 as to write off the cost or valuation of assets less their $•dUal values over their Useful lives on the following bases.. Charity datsbase 33% p.?. Straht line 1.7 Tangible fixed assets Tangible fixed assets over £L¢N are initially measured at cost and sUbSequenY measured at cost of valuation. net of depreciation and any impaimient losses. Depreciation is recognised so as to write off the cost or vaknation of assets less iheir residual values over iheir Useful lives on the following bases.. Lèasehold land and buildings (conseNatoryl IO% p.a. strai9ht line133% p.a straight line on the boiler housed in a leased building) IO% or 20% or 33% p.a. straight line 33% p.a. straight line 25% or 33% Straht lir Fixtures and fittings Office equipment Motor vehF¢les The gain or loss arising on the disposal of an asset is determined as the dIffenCe beeen the sale pro¢eeds and the carryin9 value of ihè asset and is rècognised in the siatement of financial activities. L8 Impalrmtnt of red asséts At each reporting end date. the tharitable company revieY+S the carryry amounts of its tangible and intangible assets to deterniine whether there is any indication that ihosè assets have suffèred an impairment loss. If any such indication exisis, Ihe recoverable amcmjnt of the a55et is esbmated.in order to determine the extent of the impairment bss lif any). 1.9 Cash and <ash equi¥al•J)ts Cash and cash equivalenis include cash in har de$Its hehj at call with banks. other short-term liquid investments with original maturities of three months or less. and bank overdrafts. 8ank overdrafts are shown within borrowings in current liabilities. 18-
HERTS MIND NETWORK UMrrED NOTES TO THE FINANaAL STATEMENTS (CONTINUED) FOR THE YEAR EIVDED 31 MARCH2022 Accounting policie5 (Contlnu•d) LIO Financial instrnments The charitable company has dected to apply the provisions of Section 11 'Basic Financial lThstruments' of FRS 102 10 all of its financial instnjments. Financial instruments are reco9nised in the charitsble compan5 balance sheet when the charitable company becomes party to the contractual provision5 of the InstrumenL Financial assets and liabilities a offset with the net amounts presented in the financial stattments, when there 15 a legalty enforceable right to set off the recognised amounts and there is an intention to seitle on a ntt basis or to realise the asset and settk the liatN"lity simultaneousty. Basic financial assets, vknich include debtors and cash and bank balances. are initially measured at transaction p.rice including transaction costs and are subsequently carried at amorbsed c05t using the effective interest method unless the arrangement tonslitutes a financing transaction, where the transaction is meaSUd at the present value ot the fvture ceIpts discounted at a market rate of interest. Financial assets classified as receivab within one year a not amortised. Basi<finanualliablh"ties Basic financial liabilities. inclvding creditors and bank loans are inib.ally recognised at transaction price unle55 the arrangement constitutes a financing transaction, where the debt instrument is measured at the preserst value of the luture payments discounted at a market rate of intere#. Financial liabilities ckssified as payable within one year are not amortised. Trade creditors are obligations to pay for goods or seNces that have been acquired yn the ordinary course of operations from supplier5. Amounts payable are classified as current liabililie5 il payment is due within one year or less. If nol they are presented as non-current lièbilities. Dernco9mtian olfinanciallmbilits Financial liabilities are derecogni5ed when thè tharitable company's contradual obligatitsns expire or are discharged or cancelled. Lll Taxation Herts Mind Nelwork Ltd is a registered charity. and is exempt from corporaiion tax on its income and gains to the extent that they are applied to the charitable objertNes. No tax charge has arisen in the year. L12 Ernpl(¥yee benefits The costs of short term employee benefits are recognised as a abIlity and an expense. The cost of any unused holiday entitlernent is recognised in ihe period in whith the employee's services are receNed. Termination benefits are recognised immediatety as an expense when the chariiable company is demonstrab committed to terminzte the ernployment of an employee or to provide termination benefits. Herts Mirbd Network Ltd offers a contributory pension scheme to its employees via The Pensions Trust Iwww.thepensiontrust.org.ukl. Employees are aulo*nrolled after three months, service, unless they ch005e to opt out. Pension contributions payable under a defined contribution scheme are charged to the Stbtemeni of Financial Activities in the perlod to which they relate. There a no debt or deficit implications attached to historical participation in the scheme requiiing disclosure in the accoun 1.13 Irre¢ovtrablt VAT Iirecoverable VAT is allocated to the cost a550ciale(I vlith the invoice on which VAT is charged. 19-
HERTS MIND NETWORK UMrrED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE Y£4R ENDED 31 MARCH2022 A<<ounting poli<ies (Conlinued) 1.14 Gifts and Dofiatl¢)n In Klnd Whère goods or seNces ale provided to the charitable company as a donation that would normalty be purchased from suppliers the contribution is inchjded as an estimate based on commercial value& tiiti¢al accountln9 ertimat•s athd judgements In the applicatson of the chawitable cornpanls accountiry policies, the Board of Directors are requiied to make jud9ements, estimates and assumptions about the carrying amount of asseis and liabilities that are not readily apparent from other sources. The estimates and associated assumpiions are based on historical experience and other factors that are considered io be relevant. Actual results may drffer from these estimates. The estimates and vndertying assumptions a revi•ved on an ongoing basis. Revisions to accounting estimates are recogni5ed in the period irb which the estimale is revised where the revision affetts only that period, or in the ptriod of the revision arbd future periods where the revision affects both current and future periods.
HERTS MIND NETWORK UMThED NOTES TO THE FINANaAL STATEMENTS (CONTINUED) FOR THE YEARENDED31 MAR012022 fvnds 2022 2021 2021 2021 0?05 and grfts LegKie5 re(ewWe GwmThyntgrani 51187 ioroj 3.140 55J27 LQ.LDJ S&915 4.021 15.222 L9 934 4.021 15.222 62187 3.140 65.327 7&l58 19 7&1
HERTS MIND NEfwoRK UMrrED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH2022 Charltablè acli¥ities Totsl 2022 Totsl 2021 N•¢ds and CTI4s Tolning and 2912 2022 2022 2022 Income from charitable activities 122.964 310.422 1,164.768 399.701 LOII,741 3.009,596 2,775.531 Anaty5is by frjnd Unrestricted funds Restrirted funds 122,964 135.175 258,139 254,129 310,422 L029.593 399.701 LOII.741 2,751,457 2,521.402 122.964 310.422 1.164.768 399,701 LOII,741 3,009,596 2.775,531 Included within Health and Wellbeing is a Grant in KirKI for rent of £81.168 for the year ended 31 March 2022 (£77,757 for ihe year ended 31 March 20211. The totsl income received from govemment grants was £2.812.086 for the year ended 31 Marth 2022 [£2,600,348 for the year ended 31 March 20211. For the year •nd•d 31 March 2021 Complex Ne•ds and Crisi5 ToLIl 2021 Advi Wdlbql TAknin9 and Income from charitsble activities 92,597 357.423 926,630 361995 1,036,886 2.775,531 Anatysis by fund Unrestricted funds Restricted funds 91.797 162.332 764,298 254,129 2,521,402 357,423 36L995 1,036,886 92,597 357.423 926.630 361.995 1,036,886 2,775,531
HERTS MIND NETWORK UMrrED NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2022 hv iradin9 adivities Unre51rirted Restrided funds funds Total Unrestrlcted funds 2022 2022 2022 2021 FundraisiThJ events 13.527 4,632 18,159 2,728 -23-
HERTS MIND NEfwoRK UMrrED NOTES TO THE FINANCIAL STATEMÉNTS ICOPrnNUÉD) FOK fHE YEARENDED31 MARCHZ022 T• 2022 Totsi 2021 Tr•W• Z2 2022 20 Staff costs (hhei Stsflcost5 etnal Faalitst 73.L73 237J16 8m188 m.340 24. 502 4.514 &r19 1&586 3Q5Y 492.985 95221 318 11025 10,178 47,) L863.502 120247 16.sls 1.82&193 24.%3 28.029 1028 9.030 2&919 3.5CS 1655 119.412J 9.775 RecTuitmprrt Tta¥el RedUrKY L9)7 19hJ3 2.655 101042 2ffi913 9516B5 2rfj.715 65&CW 1142M28 1.923.671 5hgreof support 105ts (See1 Shaieof gran(oS15lSenD¢e7> (4n41 %031 193* 549.529 170.830 30AJ3 13L324J 135,857 7,955 71&L IS3,19) 634,114 176, 27L035 L671044 204.797 a0172 1011.314 .733,847 Anawsbyknd Unrestncled Restricted funds 566 91Q715 7S1329 981.281 597,331 801872 2.030,033 2.136,516 27103S 204.797 271035 L67I014 204.797 801872 3.Ollal4 2.733.847
HERTS MIND NETWORK UmE0 NOTES TO THE FINANCIAL STATEMENTS ICONITrIUED) FOR THE YEAR ENDED31 MARCH2022 Icofvtiilued) Forth•p•riod •vthd 31 11 ¢omplEX Totsi 2021 •nd 723.835 24.rr36 LO85 4226 2.758 13.370 16&483 58&687 1,82&193 24.963 2a029 3.028 9.030 26,919 Other Stafrcrn¢s knernal Fatilitator5 67 073 772 17L572) 20.251 5.7B8 Aectuitmpnt Travel 474 L222 293.958 mJ91 167,804 611228 1.923.671 Sh¥t¢fsuppx ¢05ts tsee Sh¥tof9Overn•¢e ¢osis (Sev note 7J (&7481 3L484 I412 307.352 87.342 106.221 I95,5 36,078 634.114 176. 7LI41 339.454 L167.S85 305.S% 850.111 2.731847 byknd Unrestricted tund5 Ke5Vitted funds 341 526,99) 6,$9$ 597.331 2,13&516 339A54 30%5 85QIII 7L141 339A54 L167.585 30%556 850.111 2,733.847
HERTS MIND NEfwoRK UMrrED NOTES TO THE FINANCIAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH2022 Support costs Support Go¥*rn•nce costs 2022 Support Governance costs ¢osts 2021 Staff costs Oepreci3tion Premises Costs Training Offite Running Costs Other 144.939 27,967 274,960 140.012 8,755 25,136 94,327 62.117 1.472 14.471 7.369 207.056 29.439 289.431 147,381 8,755 26,459 149.725 142.193 22.519 219.848 100.799 1874 11.615 134.266 60,940 1,185 11,571 5.305 203,133 23,704 231,419 106,104 2,874 12.226 213.122 1.323 55.398 611 78,856 Audit fee5 11,040 11.040 17.594 17,594 716,096 153.1 869,286 634,114 176,062 810.176 Analysed between Charitsble actmties 716.096 153.190 869,286 634.114 176,062 810,176 Support costs are apporboned based on estimated timè spent on each aaivity. Board Of DirKlor5 None of the Board of Directors lor any persons connerted wth them) received any remunerats.on or benefits from the charitable company durin9 the year. Trustee expenses of £nil were irbcu¥red for the yèar ended 31 Maich 2022 l£nil for the period ended 31 March 20211.
HERTS MIND NETWORK UmED NOTES TO THÉ FINANaAL sfATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH2022 Empli)yees Number of employees The average monthly number of emoYeeS during the year was." 2022 Number 2021 Numb•r Charitable ActNIt$ Governance 86 98 89 ioi Employm*nt costs Year ended 31 Period ended March 31 March 2022 2021 Wages and salarie5 Social security costs Employer pension costs 1,877,119 145,440 47.999 1.841,830 138.446 51,050 2.070,558 2.031,326 There was one employee whose annual remuneration was £60, or more when pro rated for the year ended 31 March 2022 Ino employees for the year ended 31 March 20211. 10 Intangible fixed assets (hbrftydltab Cost At l April 2021 Additions 60.496 13,887 At 31 March 2022 74.383 Amort•sation and lmpa1rnnt At l April 2021 Amortisation charged for the year 52,686 8.206 At 31 March 2022 . 60.892 Carrytng amount At 31 March 2022 13,491 At 31 March 2021 7,810 -27-
HERTS MIND NEfwoRK UMITED NOTES TO THE FINANaAL STATEMENTS (CONTINUED) FOR THE YEAR EJVDED 31 MARCH2022 11 T•ngWe fixed assets Leasehohl land Fixlwe5 and and IlId1V4* fftiings ty11rt Total Co At l April 2021 Additions Disposals 124.655 50,020 23.656 113,743 1,380 102.417 390.835 25,036 {48.5641 148,5641 At 31 March 2022 124.655 73.676 115.123 53,853 367.307 Depreciation and impainnent At l Apwil 2021 Depreciation charged in the year Eliminated in respert of di5posa15 6S.799 9.987 50,020 4.689 105,557 6,557 102,417 323,793 2L233 148.$641 148.5641 At 31 March 2022 75.786 54,709 112,114 53,853 296,462 Girrying amount At 31 March 2022 48.869 18,967 70,845 At 31 March 2021 58,856 8,186 67.042 12 Debtors 2022 2021 Amounts falling due within one year. Trade debtors Other debto Prepayments and accnJed income 702,926 10,419 87,626 138,100 10,335 29,393 800.971 177,828 13 Creditors: am¢wnts falling du• within on• year 2022 2021 Notés oiher taxation and social security DÈferred Incorne Trade £reditor5 Othei crediiors 44,715 1.026.255 48.176 22.176 46,945 355,957 43,277 44,437 14 L141.322 490,616 -28-
HERTS MIND NETWORK UMrrED NOTES TO THE FINANCIAL STATEMENTS (CONnNUED) FOR THE YEAR ENDED 31 MARCH2022 14 Deferred income 2022 2021 Deferred grant income 1,026.25S 355,957
HERTS MIND NETWORK UMITED NOTES TO THE FINANaAL STATEME14TS ICONTJNUED) FOR THE YEARENDED31 AIARCH2022 15 AqslrirtIunth Int<Jrne tundsofthe rIty1ndudr1Ct¢&fihldsCfyryrffj W on tr1 forspeoft wrposes". 31 U2L421 (ZWI6) ¢3141561 110217 1759229 (Z030mJ 1684N51 154,528 A568 152L421 Q1*516J 1314.2S6) 110.217 1759.229 QI30.0431 1684.8851 154.528 Aetad Oft resttthd . IWIDZL 31 Unrestricted funds 35L853 33%015 1597.13U 314256 401793 3a3.853 (98L2EII 684.885 441.250 3SL853 15973311 314256 403.793 333.8S3 (98L2811 684.885 441.250
HERTS MIND NETWORK UMrrED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR fHE YEAR ENDED 31 MARCH2022 17 Analysis of nel assets between fund5 Unrestricted Rericted funds tunds 2022 2022 Total Unrestrirted Re5trirted funds funds 2021 2021 Total 2022 2021 Fund balances at 31 March are represented by.. Intangiblè fixed assets Tangible assets Current assetsllliabilitiesl 13.491 70,845 35&914 13,491 70.845 511,442 7.810 67.042 328,941 7.810 67,042 439,158 154.528 110,217 441250 154.528 S95.778 403,793 110,217 514.010 18 Opérating lea commitmnts At the reporting end date the charitsble company had outstanding commitments for fUre minimum lease payments under rKJn-cancellable operats.ng leases whTrch fall due a5 follows: 2022 2021 Within one year Between two and five years 83,646 69.012 5.544 6,930 152,658 12,474 19 R•l•t•d party trans•ctions Remunèration of kèy management pev50nnel The iemuneration of key management personnel is as follows. 2022 2021 A99gate compensation 20S,583 233,086 20 Guarnnte Hert5 Mind Network 15 a Company Limited by Guarantee. Each direaor prowdes a guarantee limiied to £10 which woukj be payable in the event the Company is wound 21 Analysis of chan9•s in n•t fun¢ts The charitsble company had no debt during the year. 31
HERTS MIND NETWORK UMITED NOTES TO THE FINANaAL STATEMENTS (CONTINUED) FOR THE YEAR EIVDED 31 MARCH2022 22 Cash 9ener•i4d Irom (yr4tions 2022 2021 Surplus lor the year 81768 121589 Adjustments for Arnort15ation and irnpairment of intangiblè assèts DepCIall0n and impaimient of tangible fixed assets 8,206 21,233 5,120 18,584 Movements in working capital.. ancreaselldecrease in debtors IDecreasel/increase In ueditors Increaselldecreasel in deferred income 1623,1431 119,5921 670.298 524.300 6.424 1188,4651 Gish generated from operalions 138.770 488,552
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