Registered numbar: 05689607 Charity number: 1113649 CARLISLE EDEN MIND LIMITED (A company limited by guarantee) UNAUDITED TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
CARLISLE EDEN MIND LIMITED {A company limtted by guarantee) CONTENTS Page Trustoos, rnport Independent examinorfs report statemont of financlal activitles Balanco shoet 9-10 statement of rAsh flow3 11 Notes to the flnan¢lal statem•nts 12-29
CARLISLE EDEN MIND LIMITED (A company Ilmit•d by guarantee) TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2024 The Trustees present their Annual Report together with the financial statements of the Carlisle Eden Mind Limited for the 1 April 2023 to 31 March 2024. The Annual Report serves the purposes of both a Trustees, report and a directors, report under company law. The Trustees confirm that the Annual Report and financial statements of the charitsble company comply with the current statutory requirements, the requirements of the charitsble companls goveming document and the provisions of the Ststement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effeclive 1 January 2019>. Since the Ch8rlty qualifies as small under section 382 of the Companies Act 2006, the strategic report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors, Report) Regulations 2013 has been omitted. ObJo¢tlv•s and actlvitlas Pollcles and objectlvas In settlng objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to publlc benefit. The charity carries out a wide range of activiti8s in pursuance of its charitable aims. The Trustees consider that these activities, summarised below, provide many benefits and continua to support the welfare of those who use the services provided. Carllsle Eden Mlnd's misslon Statement Carlisle Eden Mind exists to enhance the quality of life for people experiencing mental and emotional distress and to work generally towards the promotion of better mental health for the residents of Carlisle and Eden areas. To achieve thls, we aim to offer a range of quality services across the area, through improving understanding about mental health issues, challenging dlscrimination and through campaigning for better local and national services. Carlisle Eden Mlnd's alms To actively engage In charitable campaigning related to local service provSslon and to seek to ralse the profile of mental health issues locally through awareness raising, the provision of infomiation, and the challenging of discrimination and stigma. To be actively engaged in collaboratNe worklng and creative partnershlps In the local area and Cumbrla as a whole. To develop the organisational capacity in order to deliver high quality services and support. To be a resour for all people in the Cartisle and Eden areas who identify themselves as experiencing mental and emotional distress and to provide a range of quality services and support to meet their needs. In setting objectives and planning for activities, the Trustees have given due consideration to general guidance published by the Charity Commission relating to public benefit, induding the guidance 'Public benefit: running a charity(PB2)'. Page 1
CARLISLE EDEN MIND LIMITED (A company limitod by guarantae) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Objectlves and actltIeS (continued) Main activitles undertaken to further the Charitys purpos•s for tho public bgnefft: Preservation of mental health,. Activities supporting this include awareness raising and campaigning work and the provision of information. Supporting those expertencingmental and emotional distress. Activities supporting this indude the provision of advocacy, volunteering and information services. See review of activities for addltlonal detailsunder both these headings. Achlevements and perfonnance Revlew of actlvltlas The year covered by this report between April 2023 and March 2024 saw a number of significant changes intemally and externally which effected the orgsnisation. Enhanced capaclty and experience from elsewhera Coming into the organisation further enhanced the ability of Carfisle Eden Mind to deliver on its key objectives. The Lighthouse servlce had another succ8ssful year providing face to face support to people in crisis every evening of the year from our premises In Carllsle. After a challenging period, recruitment and retention of staff improved and the service benefited from a number of new colleagu8s joining with experienca from servica delivery in a range of other settings. Mindlin8 Cumbria, which serves as th8 access point for The Lighthouse and also operates tel8phon8, webchat and text-based support in its own right also saw significant increases in demand for much of the year. Both services benefitted from a concerted and targeted profile-raising campaign and improved, speciflc contact with a range of potentlal refarring agencles and others. Our perfomiance partlcularly vla dlgltal platforms Improved immensely followlng th8 development of a new strategy and refresh of our webslte, Identlty, and messaging. This had a positive effect in a range of performance areas and Is a developing strength of the whol8 organisation. You In Mind funded through natlonal initiative Alternatives to Crisis developed its work, and performance in terms of numbers of clients seen improved. We also made major steps forward in tenS of reach and impact in the rural area with specific work in the Eden Valley developing well and bringing key support to a range of mora isolated communities. Development of the servlce was enhanced by the launch of peer support group. Breathing Space which provides a community-b8sed option for many clients. Thls model has been an enormous success, and the neOrk of groups has built strongly in the rural area too. Children and Young People services saw new injection of funding from a range of sources, including the Francis Scott Trust and Cumbria Community Foundation and we were particularly pleased to develop a coaching arm to the support we provide thanks to a very generous donation from CRH. Our links with schools remain very good and development of new approaches to support in a changing and often very challenging environment for young people is much needed and reflects the flexibility in our delivery and trust of partner organisations. Training provision continued to be a significant part of our activity both for income generation and wider mental health awareness. A range of new organisational and business clients sought input through the year, and we are very pleased with spread of our work into sectors where traditionally mental health has been little discussed let alone addressed in workplaces. After significant recruitment in the previous year to a range of newly established positions recruitment was less of a factor than before. Staffing levels remained stable although again we had challenges with recruitment the senior finance management position. In addition to the appointment of a new Chair, there were further changes on our Trustee Board with the Page 2
CARLISLE EDEN MIND LIMITED (A company limited by guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Achlgvoments and performance (contlnued) recruitment of two new Trustees during the year who have added to capacity and the range of experience. Under new leadership the Board took a number of significant steps in relation to furthering its own development and to ensure full understanding of the organisation. These were positive moves forward with Board development workshops, attendance at whole staff days and specific trustee focused training in a range of areas. At the end of the year under consideration Tara Quinn, our Chief Executive for the last six years and an employee since 2005 left the organisation. Tara had been at the forefront of developing and leading on delivery of services at Carlisle Eden Mind based upon the principles of advocacy, which remains as an important element of our work. She had a key role in development of the Lighthouse s6rvic8 and played a major part in ensurlng continued fundin9 for that service and many others over 8 number of years. Also, Tara led the organisation through the challenges of Covid 19 and contributed hugely to the success of Carllsle Eden Mind. We wish her w811. As always, the charity benefited enormously from the work of volunte8rs. In all areas including as Board members, working in our shop or supporting indFviduals via peer support roles or within our various groups volunteers are at the heart of our work. In addition, we are indebted to those who raise funds ft)r us. We were delighted to hold our first ever Charity Nlght during the year which celebrated the ro16 of all our friends and partners and in particular those who contribut8 time and energy to raise funds for us. We could not do the things we do and meet our aims without that massive and enduring contributlon from so many people. The organisatlon ended the year by moving into new premises wlthln th8 centra of Carlisle, which wlll allow for expansion of activities, Including tralning and working more fully wlth groups and partners under one roof. Investment pollcy and performance The Trustees operate within tha terms set down within our goveming document, the Memorandum and Artlcles of Associatlon having regard to the guidance provided by the relevant Charities Commisslon and act in accordance with the Trustees Act 2000. Flnanclal revlew Golng concern After making appropriate enqulrles, the Trustees have a reasonable expectation that the Charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they contlnue to adopt the going concem basls In preparing the financial statements. Further details regarding the adoption of the going concern basis can be found in the accounting policies. Reserves policy The Trustee Board's aim is to build unrestricted reserves which meet six months running costs of the Charity. plus additional wind-up costs, and that the Charity holds a positive unrestricted reserve balance forecast for the next trrfelve months. Our free reserves do not currently meet the requirements as set out above by the Board. structure, governance and management Constitution Carlisle Eden Mind Limited is registerad as a charitable company limited by guarantee and was established by a Memorandum of Association. Page 3
CARLISLE EDEN MIND LIMITED (A company Ilmlted by guarantee) TRUSTEES. REPORT {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Structure, governance and management (contÉnu•d) Methods of appolntment or electlon of Trustsas The management of the Charity is the responsibility of the Trustees who appointed under the terms set down within the Memorandum of Association. Organlsatlonal structuro and dacislon-making poll¢ies The Board of Trustees meet every eight weeks and are responsible for the strategic direction and policy of the charity. The Board also delegates certain responsibilities and 8Ctlvities to two Committees which meet in alternate months to Board meetings and submit reports and make recommendations to the Board as part of each cycle of meetings. At present the Committe8 has seven members from a variety of experience and skllls base r618vant to tha work of the charlty. A scheme of delegatlon is in place and day to day responsibility ft)r the provlsion of the servlces and management of the charity is the responsibility of the Chief Executive Offlcer supported by colleague8. The team of staff under the direction of the Chief Executive Officer are responsible for ensuring that the Gharity delivers the services specified, reporting of outcomes takes place and key performance indicators are met. The team are further responsible for supervision and support of all staff and volunteers and that all activities take place safely and with due consideration of all relevant good practice and quality standards and in accordance with rel8vant legal frameworks. Pollcles adopted for the Inductlon and tralnlng of Trustees Trustees are recruited and inducted into the organisation by their fellow Trustees and relevant staff in line with provisions set down in our Trustee Handbook. The Handbook draws upon guidance issued and periodlcally updated through key Charfty Commission publications and advice and guidance. The Trustees are encouraged to undertake a wid8 range of tralning throughout the year to assist in meeling requirements of their role and participate in some Important parts of th8 organisation's mandatory training requirements In respect of safeguarding, health and safety and IT security. Flnanclal rlsk manag6m•nt The Trustees have ass8ssed the major risks to which the Charity is exposed, in particular those relaled to the operations and finances of the Charity and are satisfied that systems and procedures are in place to mitigate exposure to the major risks. Trustees. Indemnltles The Charity holds a standard insurance policy under a Group Policy arranged by national Mind which includes a trustees, indemnity against any liability in connection with negligence, default, breach of duty or breach of trust in relation to the charity. Page 4
CARLISLE EDEN MIND LIMITED {A company limit•d by guarantee) TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Reference and administratlve details of the Charity, Its trustees and advisers Trustees P M Hutton, Chair {resignod 31 May 2023) J B Buckley S P Crookes Dr C Kenn C Bloomfield (appointed 27 November 2023) P Hawkyard (appointed 28 March 2024) S Marsh Dr L Nelson, Chair Company reglsterad number 05689607 Charlty reglstered number 1113649 Reglstered offic• 1 Victoria Place Carlisle Cumbrla CA11EJ Chlaf Exa¢utlve Offlcer T Quinn Accountants Seavor (South Cumbria) Limited Chartered Accountants The Office Mardale Road Penrith CA119EH Bankers National Westminster Bank plc 24125 Devonshire Street Penr*th Cumbria CA117ST Members. Ilablllty The Members of the Charity guarantee to contribute an amount not exceeding £1 to the assets of the Charity in the event of winding up. Page 5
CARLISLE EDEN MIND LIMITED {A company limitsd by guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Statement of Trustees. responslbilities The Trustees (who are also the directors of the Charity for the purposes of company law) are responsible for preparing the Trustees. report and the financial statements in accordance wtth applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the Trustees to prepare fFnancial ststements for each financial year. Under company law, the Trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Charity and of Its incoming resources and application of resources, includlng Its income and expenditure, for that period. In preparing these financial statements, the Trustees are requir8d to: select suitable accounting policies and then apply them consistently; observe the methods and principles of the Charities SORP {FRS 102); make judgments and accounting estimates that are reasonable and prudent: state whether applicable UK Accounting Stsndards (FRS 102) have been followed, subject to any matertal departures disdosed and explained in the financial statements; prepare the financial statements on the going concem basis unless it is inappropriate to presume that the Charty will continue in business. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Charivs transactions and disclose with reasonable accuracy at any time the financial position of the Charity and anable them to ensure that the financlal statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by order of tha members of the board of Trustees on 17 December 2024 and slgned on thelr behalf by.. Dr L Nelson Page 6
CARLISLE EDEN MIND LIMITED (A company limited by guarantee) INDEPENDENT EXAAIINER'S REPORT FOR THE YEAR ENDED 31 MARCH 2024 INDEPENDENT EXAMINER'S REPORTTO THE TRUSTEES OF CARLISLE EDEN MIND LIMITED {'the Charity.) I report to the charity Trustees on my examination of the accounts of the Charity for the year ended 31 March 2024. RESPONSIBILITIES AND BASIS OF REPORT AS the Trustees of the Charity (and its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act,). Havlng satisfied myself that the accounts of the Charlty are not required to be audlted under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the Charitys accounts carried out under section 145 of the Charities Act 2011 {'the 2011 Act,). In carrying out my examination I have followed the D1CtIonS glven by the Charfty Commlssion under section 145(5)(b) of the 2011 Act. INDEPENDENT EXAMINER'S STATEMENT Since the Charitys gross income exceeded £250,000 your examiner must be a member of a body Ilsted in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of the ICAEW, which Is one of the listed bodies. I hava complated my examlnatlon. I confirm that no matters have come to my attentlon in connectlon with the examinatlon giving me cause to b81I8Ve: accounting records were not kept In respect of the Charity as requlred by section 386 of the 2006 Act; or the accounts do not accord with those records; or the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a Yrue and fair, view which is not a matter considered as part of an independent examination; or the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by chariti8s [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102). I hav8 no concems and have come across no other matters In connectlon with the examlnatlon to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. This report is made solely to the Charity's Trustees, as a body, in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. My work has been undertaken so th8t I mlght state to the Charitys Trustees those matters l am required to state to them in an Independent examinerfs report and for no other purpose. To the fullest extent perniitted by law, I do not accept or assume responsibility to anyone other than the Charity and the Charitys Trustees as a body, for my work or for this report. Signed: Dated: 17 December 2024 Jonathan Miller FCA DChA ICAEW Seavor (South Cumbria) Limited Page 7
CARLISLE EDEN MIND LIMITED (A company limited by guarantee) STATEMENT OF FINANCIAL ACTivrriES (INCORPORATING INCOME AND EXPENDITURE AGCOUNP FOR THE YEAR ENDED 31 MARCH 2024 Unrestricted fund8 2024 Restrlcted funds 2024 Total funds 2024 Total funds 2023 Note Income from: Donations and legacies Charitable activities Other trading activities Investments 75,397 38,930 72,012 219 335,855 411,252 38,930 130,685 219 431,312 47,430 124, 574 71 58,673 Total Income 186,558 394.528 581,086 603,387 Expendltur• on: Raising funds Charitsble activities 129,446 189,980 1,076 385,198 130,522 575,178 114,823 453, 133 Total expendlturo 319,426 386,274 705,700 567,956 Net movoment In funds (132,868) 8,254 (124,614) 35,431 Reconclllatlon of funds.. Total funds brought forward Net movement in funds 362.302 (132.868) 151,117 8,254 513,419 {124,614) 477,988 35,431 Total funds carried forward 229,434 159,371 388,805 513,419 The Statement of financial activities Includes all gains and lossas recognised in the year. The notes on pages 12 to 29 form part of these financial statements. Page 8
CARLISLE EDEN MIND LIMITED (A company limited by guarantee) REGISTERED NUMBER: 05689607 BALANCE SHEET AS AT 31 MARCH 2024 2024 2023 Nots Flx8d assets Tangible assets Current assets 13 37,730 14,5Q6 Debtors Cash at bank and in hand 14 16 48,939 349,176 31,265 492,073 398,115 523,338 Creditors". amounts falllng dua within one year 15 (47,040) (24,425) Net currnnt a33ets 351,075 498.913 Total assets less current Ilabllltlos 388,805 513,419 N6t assats excludlng penslon asset 388,805 513,419 Total net ass•ts 388,805 513,419 Charlty funds Restricted funds Unrestricted fvnds 17 17 159,371 229,434 151, 117 362,302 Total funds 388,805 513,419 Page 9
CARLISLE EDEN MIND LIMITED {A company IlmEtèd by guarantee) REGISTERED NUMBER: 05689607 BALANCE SHEET (CONTINUED) ASAT 31 MARCH 2024 The Charity was entitled to exemption from audit under section 477 of the Companies Act 2006. The members have not required the company to obtain an audit for the year in question in accordance with section 476 of Companies Act 2006. The Trustees acknowledge their responsibiltties for complying with the requirements of the Act with respect to accounting records and preparation of financial statements. The financlal statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regim8. The financial statements were approved and authorfsed for issue by th8 Trustees on 17 December 2024 and signed on their behalf by: Dr L Nalson The notes on p8g8s 12 to 29 form part of these financial statements. Page 10
CARLISLE EDEN MIND LIMITED (A company Ilmlted by guarantee) STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Cash flows from oporating activities Net cash used in operating activities (116,057) (16,939) Cash flows from Investing activitles Dividends, interests and rents from investments Purchase of tangible fixed assets 219 (27,059) 71 (1,612) Net cash us•d In Investlng actffivitles (26,840} (1,541) Cash flows from flnanclng actlvltles Net cash provlded by financlng actlvltles Change In cash and cash equlvalents In the year Cash and cash equlvalents st the beginning of the year (142,897) 492,073 (18,480) 510,553 Cash and cash equlvalents at the ond of tho year 349,176 492, 073 The notes on pages 12 to 29 form part of thase financial statements Page11
CARLISLE EDEN MIND LIMITED {A company Ilmlted by guarantèa) NOTES TC THE FINAN'CIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 GENERAL INFORMATION Carlisle Ed8n Mind Limited is a private company, lirnited by guarantee, domiciled in England and Wales, registration number 05689607. The registered office is 1 Victoria PlaGe, Carlisle. Cumbria. CA1 1 EJ. ACCOUNTING POLICIES 2.1 Ba81s of preparatlon of flnancial statements The financial statements have been prepared in accordance with th8 Charities SORP (FRS 102) Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. Carllsle Eden Mind Limited meets the definition of a public benefit entity under FRS 102. Assets and liabilitles are initially recognised at historical cost or transaction value unless otheNise ststed in the relevant accounting policy. 2.2 Incomo All Income is recognised once the Charity has entitlement to the Income, It Is probable that the ncome will be received and the amount of income receivable can be measured reliably. Grants are included in the Ststement of financlal activltles on a recelvable basls. The balance of Income received for specific purposes but not expendgd dudng the period Is shown In the relevant funds on the Balance sheet. Where income Ss recelved In advance of entitlement of r8ceipt, its recognition is deferred and included in creditors as deferred Income. Where 8ntitl8m6nt occurs before income is received, the income is accrued. Income tax recoverable in relation to investment income is rewgnised at the time the investment income is receivable. 2.3 Expendlture Expenditure is recognised onc8 there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activty. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use. Expenditure on raising funds includes all expenditure incurred by the Charity to raise funds for its charitable purposes and includes costs of all fundraising activities events and non-charitable trading. Expenditure on charitable activities is incurred on directly undertaking the activities which further the Charity's objectives, as well as any associated support costs. All expenditure is inclusive of irrecoverable VAT. Page 12
CARLISLE EDEN MIND LIMITED (A company Ilmltsd by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIES (CONTINUED) 2.4 Interest recelvabla Interest on funds held on deposit is included when receivable and the amount Can be measured reli8bly by the Charity; this is normally upon notification of the interest paid or payable by the institution with whom the funds are deposited. 2.5 Tangibla fixod assets and depreclatlon Tangible fixed assets costing £250 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably. Tangible. fixed assets are initially recognised at cost. After recognition, under the cost model, tangible red assets are measured at cost less accumulated depreciation and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost. Depreciation is charged so as to allocate th8 Cost of tangible fixed assets less their SIdUal value over their estimated useful lives, Depreclatlon Is provlded on the following bases: Plant and machlnery Flxtures and flttlngs Computer equipment 200/0 redu¢lng balanc8 200/0 reducing balance 200/0 reduclng balance 2.6 Debtors Trade and other debtors are recognised at the settlement amount after any trade discount offered. Prepayments ar8 valued at the amount prepaid net of any trade discounts due. 2.7 Cash at bank and In hand Cash at bank and in hand includes cash and short-term hlghly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. 2.8 Llabilltles and provlslons Llabilitles are recognls8d when there Is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the sottlernent can be estimated reliably. Liabilities are recognised at the amount that the Charity anticipates it will pay to settle the debt or the amount tt has received as advanced payments for the goods or services it must provide. Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on the present value of those amounts, discounted at the pre-tsx discount rate that reflects the risks spectfic to the liability. The unwinding of the discount is recognised in the Statement of financial activities as a finance cost. 2.9 Flnancial instruments The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently rneasured at their settlement value with the exptIOn of bank loans which are subsequently measured at amortised cost using the effective interest method. Page 13
CARLISLE EDEN MIND LIMITED (A company Ilmlted by guarantee) NOTES TO TV.E CINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 ACCOUNTING POLICIES (CONTINUED) 2.10 P•nslons The Charity operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Charity to the fund in spect of the year. 2.11 Fund accountlng General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtherance of the general objectives of the Charity and which hav8 not been designated for other purposes. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the Charity for particular purposes. The costs of raising and administering such funds are Charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements. Investment income, galns and losses are allocated to the appropriate fund. Page 14
CARLISLE EDEN MIND LIMITED {A company Ilmlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 INCOME FROM DONATIONS AND LEGACIES Unrastricted Rostri¢ted funds funds 2024 2024 Total funds 2024 Total fvnds 2023 Grants North Cumbria NHS Trust Cumbria County Council Cumbria Youth Allianc8 HTC Connect Mlnd Cumbria Communlty Foundatlon The Francis Scott Trust 298.074 298,074 307, 709 17,770 21,861 24,981 15, 734 17,781 10,000 10,000 17,781 10,000 10,000 335,855 335,855 388, 055 Donatlons Grants - Nestle 75,397 75,397 42, 757 500 75,397 75,397 43,257 75,397 335,855 411,252 431,312 Total 2023 43,257 388,055 431,312 Page 15
CARLISLE EDEN MIND LIMITED (A company Ilmltsd by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 INCOME FROM CHARITABLE ACTIVITIES Unrèstricted funds 2024 Total funds 2024 Total funds 2023 Income from charitsble activities - Mental Health Activities 38,930 38,930 47,430 Total 2023 47,430 47,430 INCOME FROM OTHER TRADINGACTIVITIES In¢om• from fundralsing events Unrostrl¢tod funds 2024 Total funds 2024 Total fvnds 2023 Fundraising, Includlng small donations 7,452 Total 2023 7,452 7,452 Income from non charltablo tradlng actlvltles Unrestrlcted Restrlcted funds fund8 2024 2024 Total funds 2024 Total funds 2023 Charity trading income Shop income Training income 58,673 58,673 14,568 57,444 7,500 17,277 92,345 14,568 57,444 72,012 58.673 130,685 117,122 Tot812023 109,622 7,500 t17,122 Page 16
CARLISLE EDEN MIND LIMITED (A company limitéd by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 INVESTMENT INCOME Unrostrictèd funds 2024 Total funds 2024 Total funds 2023 Interest receivable 219 219 71 Totsl 2023 71 71 Page 17
CARLESLE EDEN MIND LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 EXPENDITURE ON RAISING FUNDS Costs of raising voluntary Income Unrastrlctad Rostrictsd funds funds 2024 2024 Total funds 2024 Total fvnds 2023 Brochures and material Events Computer and IT Costs of raising voluntsry Incom8 Motor and travel Telephone Salaries and wages Employers NIC staff pensions 1,452 578 1,420 668 256 578 13,647 566 546 1,452 1,654 1,420 668 256 578 13,647 566 546 144 109 432 1,076 69 501 4,965 215 262 19,711 1,076 20,787 6,697 Total 2023 6,697 6,697 Page 18
CARLISLE EDEN MIND LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEV.FNTS FOR THE YEAR ENDED 31 MARCH 2024 EXPENDITURE ON RAISING FUNDS (continued) Fundraising tradlng expensos Unrestricted funds 2024 Total funds 2024 Total fvnds 2023 Rent and rates Insurances Telephone Prfntlng, postage, stationery Computer and IT Motor and travel Subscriptions Staff training Shop exp8nses General malntenance and cleaning Legal and professional Events Tralnlng Materials Salaries and wages Employers NIC Staff pensions 10,254 601 1,747 711 11 10,254 601 1,747 711 11 4,100 715 952 1,224 977 2,013 1,646 18,647 60,345 3,448 2,344 7,500 2, 165 1,353 1,009 459 2,319 4,100 715 952 1,224 977 2,013 1,646 18,647 60,345 3,448 2,344 479 823 766 1,710 9,392 73,215 4,075 2,117 109,735 109,735 108, 126 Total 2023 108, 126 108, 126 Page 19
CARLISLE EDEN MIND LIMITED (A company Ilmited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 ANALYSIS OF EXPENDITURE ON CHARITABLE ACTIVITIES Summary by fund type Unrnstrlcted Rostrictod funds funds 2024 2024 Total 2024 Total 2023 Mental Health Activities 189,980 385,198 575,178 453, 133 Total 2023 137,666 315,467 453,133 Page 20
CARLISLE EDEN MIND LIMITED (A company Ilmitsd by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 ANALYSIS OF EXPENDITURE BY ACTNITIES Activltles undertaken dlrectly 2024 Support costs 2024 Total funds 2024 Total funds 2023 Mentsl Health Activities 504,457 70,721 575,178 453, 133 Tot812023 383, 786 69,347 453, 133 ANALYSIS OF DIRECT COSTS Total funds 2024 Total fvnds 2023 Staff costs Rent and rates Insurances Telephone Print, postage, ststionery Legal and professional Motor and travel Training Computer and IT General office costs Advertising and marketlng Sundry expens8s General maintenance and cleaning Subscriptions 417,580 13,590 7,199 11,753 4,113 18,922 3,550 2,487 8,252 1,308 320,952 11,440 5, 122 7,504 664 7, 181 4, 609 2,215 7,199 7, 750 1,944 23 1,949 5,234 1,844 5,960 7,899 504,457 383, 786 Page 21
CARLISLE EDEN MIND LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATFMENTS FOR THE YEAR ENDED 31 MARCH 2024 ANALYSIS OF EXPENDITURE BY ACTIVITIES (continued) ANALYSIS OF SUPPORT COSTS Total funds 2024 Total funds 2023 Staff costs Depreciation Rent and rates Insurances Telephone Print, postage, stationery Repairs and maintenances Legal and professional General office costs Events Sundry expenses General maintenance and cleaning Subscriptions Govemance costs 42.364 3,834 1,510 800 1,306 457 1,601 259 10,780 832 2,049 662 878 3,389 36,695 3,517 1,560 1, 182 967 2,325 2, 504 4,290 1,357 743 1, 730 4, 788 4,895 2, 794 70,721 69,347 10. INDEPENDENT EXAMINER'S REMUNERATION 2024 2023 Fees payable to the Charity's independent examiner for the independent examination of the Charitls annual accounts 2,520 1,680 11. STAFF COSTS 2024 2023 Wages and salaries Social sacurity costs Contribution to defined contribution pension schemes 495,159 27,427 18,254 404, 745 22,588 15,163 540,840 442.496 Page 22
CARLISLE EDEN MIND LIMITED (A Company Ilmlted by guarantge) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 11. STAFF COSTS (continued) The average number of persons employed by the Charity during the year was as follows: 2024 No. 2023 No. Mentsl Health Activities Management and administratlon 25 21 30 26 No employee reIVed remuneration amounting to mora than £60,000 in either year. 12. TRUSTEES. REMUNERATION AND EXPENSES During the year, no Trustees received any remuneration or other benefits (2023 - £NIL). During the year ended 31 March 2024, expenses totslling £NIL were reimbursed to a trustea, for travel expenses incurred. (2023 - £165) Page 23
CARLISLE EDEN NqIND LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEME¥TQ FOR THE YEAR ENDED 31 MARCH 2024 13. TANGIBLE FIXED ASSETS Plant and Flxtures and machlnery flttlngs Computer equipment Total Cost or valuatlon At 1 April 2023 Additions 46,545 24,649 24,375 2,409 1.010 71,930 27,058 At 31 March 2024 71,194 26,784 1,010 98,988 Depreclation At 1 April 2023 Charge for the year 39,935 2,200 17,489 1,432 57,424 3,834 202 At 31 March 2024 42,135 18,921 202 61,258 Net book value At 31 March 2024 29,059 7,863 808 37,730 At 31 March 2023 6,610 6, 886 1,010 14,506 14. DEBTORS 2024 2023 Du• wlthln one year Trade debtors Prepayments and accrued income 47,080 1,859 28,349 2,916 48,939 31,265 Page 24
CARLISLE EDEN MIND LIMITED (A company limited by guarantaa) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 15. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Trade creditors Other taxation and social security Other creditors Accruals and deferred income 27,988 7,858 6,489 4,705 9,455 6,266 7,024 1,680 47,040 24,425 16. FINANCIAL INSTRUMENTS 2024 2023 Flnanclal assets Financial assets measured at fair value through income and expenditure 349,176 492,073 Financlal assets measured at falr value through income and expenditure comprise cash and bank balances. Page 25
CARLISLE EDEN MIND LIMITED (A company limited by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 17. STATEMENT OF FUNDS STATEMENT OF FUNDS- CURRENTYEAR Balance at 31 March 2024 Balance at 1 Aprll 2023 Incomo Expendlture Unrestrlctsd funds Unrestricted Funds 362,302 186,558 (319,426) 229,434 R•strlct•d funds Restrlcted Fund 151.117 394.528 (386,274) 159,371 Total of funds 513,419 581,086 (705,700) 388,805 STATEMENT OF FUND8- PRIOR YEAR Balance at 37 March 2023 B818nce 8t l April 2022 Tr8nsf8rs in/out Income Expenditure Unrestrlcted funds Unrestricted Funds 260. 741 207, 832 (252,489) 146,218 362,302 Restrlcted funds Restricted Fund 217,247 395, 555 (315,467) (146,218) 151,117 Total of funds 477,988 603,387 (567,956) 513,419 Page 26
CARLISLE EDEN MIND LIMITED (A company limitsd by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 18. SUMMARY OF FUNDS SUMMARY OF FUNDS- CURRENT YEAR Balance at 31 March 2024 Balance at 1 April 2023 Incom8 Exp•ndituro General funds Restricted fijnds 362,302 151,117 186,558 394,528 (319,426) (386,274) 229,434 159,371 513,419 581,086 (705.700) 388,805 SUMMARY OF FUNDS- PRIOR YEAR Balance at 31 March 2023 Balance at l Apnl 2022 Transfers in/out Income Expenditure General funds Restricted funds 260, 741 217,247 207, 832 395,555 (252,489) 146,218 (315,467) (146,218) 362,302 151,117 477,988 603,387 (567,956) 513,419 19. ANALYSIS OF NET ASSETS BETWEEN FUNDS ANALYSIS OF NET ASSETS BETWEEN FUNDS- CURRENT PERIOD Unrestrlcted Rostrl¢t•d funds funds 2024 2024 Total funds 2024 Tangible fixed assets Current assets Creditors dug withln one year 37,730 238,744 (47,040) 37,730 398,115 (47,040) 159,371 Total 229,434 159.371 388,805 Page 27
CARLISLE EDEN MIND LIMITED (A company Ilmlted by guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 19. ANALYSIS OF NET ASSETS BETWEEN FUNDS (Contlnued) ANALYSIS OF NET ASSETS BETWEEN FUNDS - PRIOR PERIOD Unrestricted funds 2023 Restricted funds 2023 Total funds 2023 Tanglble fixed assets Current assets Creditors due within one year 14,506 372,221 (24,425) 14,506 523,338 (24,425) 151,117 Total 362,302 151,117 513,419 RECONCILIATION OF NET MOVEMENT IN FUNDS TO NET CASH FLOW FROM OPERATING 20. ACTIVITIES 2024 2023 Net incomelexpenditure for the period (as per Statement of Financial Activities) (124,614) 35,431 Adjustments for: Depreciation charges Dividends. interests and rents from investments Decreasel(increase) in debtors Increas81(decrease) in creditors 3,835 (219) (17,674) 22,615 3,517 (71) 70,319 (66, 135) Net Cash used In operatlng actlvltles (116,057) (16,939) 21. ANALYSIS OF CASH AND CASH EQUIVALENTS 2024 2023 Cash in hand Cash at bank 431 327 491,746 348,745 Total cash and cash equivalents 349,176 492,073 Page 28
CARLISLE EDEN MIND LIMITED (A company Ilmitsd by guarantee) NOTES TO IHE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 22. ANALYSIS OF CHANGES IN NET DEBT At 1 April 2023 Cash flows At 31 March 2024 Cash at bank and in hand 492,073 (142,897) 349,176 492,073 (142,897) 349,176 23. PENSION COMMITMENTS The charity operates a defined contribution penslon sch8m8. Contributions are charged to the statement of financial activities as they become payable in accordance with the rules of the scheme. Page 29