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2023-03-31-accounts

Charity registration number 1113751 Company registration number 05498430 (England and Wales)

WILTSHIRE MIND

ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

WILTSHIRE MIND

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Mr B Stables Mr J Donald Mr N Carter Ms C R Gallagher Mr T J McTiernan Ms G Brockett (Appointed 27 July 2023) Charity number 1113751 Company number 05498430 Registered office Trinity House Bryer-Ash Business Park Trowbridge Wiltshire BA14 8HE Independent examiner Gooding Accounts Ltd 24 Warminster Road Westbury Wiltshire United Kingdom BA13 3PE

WILTSHIRE MIND

CONTENTS

Page
Chairman's statement 1
Trustees' report 2 - 9
Independent examiner's report 10
Statement of financial activities 11
Balance sheet 12
Notes to the financial statements 13 - 22

WILTSHIRE MIND

CHAIRMAN'S STATEMENT

FOR THE YEAR ENDED 31 MARCH 2023

As in 2021/22 year, this 2022/23 has continued to present a significant challenge in generating sufficient income to meet the cost of delivering our services. We emerged from the pandemic into a period of high inflation. a cost of living challenge, and local demand for our services at an all time high. This has necessitated the charity to use reserves to supplement these costs.

The Board of Trustees, CEO and team members have continued to excel in delivering our services against the backdrop of the following challenges:

We continue to operate without financial support from commissioned or statutory services and remain dependent upon voluntary donation, local community funding events and grant funders. This year we have been successful in winning key grants both locally and nationally to support our services and develop new projects.

I am pleased to report that everyone in the team remains buoyant with a high degree of confidence and optimism in the year ahead. I would like to place on record my thanks to all the team members, volunteers, and Trustees for their excellent support over the past 12 months.

.............................. Jim Donald Chair 23 October 2023 Date: .........................

WILTSHIRE MIND

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2023

The trustees present their annual report and financial statements for the year ended 31 March 2023.

The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, (the Memorandum and Articles of Association) , the Companies Act 2006 and "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).

Objectives and activities

Our Vision and Mission

Our vision is of a society that promotes and protects good mental health for all and treats people with experience of mental ill health fairly, positively, and with respect. We won’t give up until everyone gets support and respect.

Our mission is to promote good mental health and provide support to anyone in Wiltshire experiencing mental health problems or emotional distress.

The needs and experience of people with mental distress drive our work and we make sure their voice is heard by those who influence change. Our independence gives us the freedom to stand up and speak out on the real issues that affect daily lives.

We provide information, advice and support, campaign to improve policy and attitudes, and develop local services. We do all this to make it possible for people who experience mental distress to live full lives and play their full part in society.

Our charitable purposes are set out as Aims in our Strategic Plan. Our organisation provides benefit to the public of Wiltshire by:

WILTSHIRE MIND

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

The trustees and Chief Executive Officer (CEO) review the charity's aims, objectives, and activities each year, ensuring that these remain focused around its charitable purposes. The trustees are aware of the requirement by the Charity Commission to provide public benefit when reviewing these aims and objectives, and in planning future activities.

In 2022/23 these aims and objectives were met by offering support groups, counselling, mental health training, school well-being services, and enhanced access services to people in Wiltshire to help with their mental health and emotional distress.

In addition, we have been able to provide the following outcomes:

Public benefit

The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.

WILTSHIRE MIND

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

Activities Progress April 2022 - March 2023

Impact to Charity activities

Generating sufficient income to meet the costs of delivering our services has continued to be a challenge with a significant gap between income and expenditure for the year.

The demand for our services has continued to grow in the face of this financial challenge. We have continued with our hybrid model of delivering adult counselling services both online and face to face. We have also followed the same format with our support groups. At the end of this reporting year, we are working with selected GP surgeries locally, we have developed pilots for direct referral services to our counselling, and a wellbeing service through the enhanced access contract provided by a surgery in Salisbury. We have continued to offer mental health training to organisations, and are trialling some early intervention work with some local schools.

The costs to deliver our services have continued to rise. Such costs include insurance, administration, and venue hire costs. We have taken the following steps in the year to reduce our costs and increase productivity:

The importance of providing mental health support is underlined by the work of the NHS, Government and health and social care agencies during the reporting year. However, our charity continued to operate without financial support from either commissioners or statutory sources and therefore we remain reliant on voluntary donations and the support of our local community and grant funders.

Funding Overview

Local fundraising events and fundraising opportunities have partially recovered from the levels seen throughout the COVID period, although not to the levels prior to the pandemic. As in 2021/22, we have used a determined amount of our unrestricted reserves to maintain services against the backdrop of this declining income this financial year.

Our local community in Wiltshire continued to support the charity and local businesses continued to donate throughout 2022/23 at a reduced level. Fundraising remains a key component of overall funding. Adapting to changing local fundraising activity meant driving greater engagement with organisations, clubs, and other charities this year to help us create sustainable income streams. This was a challenge in terms of resources.

A stronger, more focussed grant funding strategy was developed to help maintain existing services.

We were successful in securing funding for our support groups from the Postcode Local Trust, and a number of other local grant funders provided financial support to assist in the delivery of services.

The Trustees and Management are grateful for this financial assistance from those funders who have supported us during the year.

Sourcing additional funding from fundraising and grant providers remains our priority for the coming year.

WILTSHIRE MIND

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

Mental health support services for our community

Overview of Services provided in 2022/2023

We are pleased to report that we continue to provide our adult and young people’s counselling. We also continue with our much-needed support groups although we had to reduce the number across the county due to increasing cost. This was supplemented with the continuation of the popular on-line group.

Our Adult Counselling Service provides an accessible counselling support service for anyone experiencing mental health problems or emotional distress. During 2022/23 we have offered both face to face and online counselling sessions. Our 13 active counselling volunteers delivered a great job in helping over a hundred adult service users.

Through our Young Persons Counselling service, we have offered specialist counselling sessions both online and face to face to our local population of young people, this service bridges the gaps in local statutory provision and enables young people to be seen at the earliest point.

Our Peer Support Groups across Wiltshire remain a vital support network for those who attend our groups. Through the first half of the year, we offered peer support groups at Chippenham, Melksham, Salisbury, Trowbridge, and Tidworth. We completed a full review of our support group arrangements and relaunched fortnightly face-to-face groups at venues at Tidworth and at Trowbridge, continuing with the fortnightly on-line video call group. Those attending groups may be disadvantaged and suffering from mental health problems and struggling with emotional distress. Members support each other by sharing experiences and most importantly sharing coping mechanisms. Attendees of the groups benefit from social integration in the format of group activities when possible. Groups are run by a trained facilitator and with a volunteer at each session.

Mental Health training – We continued to provide this service for local businesses and organisations. The pandemic has resulted in a commoditisation of this market through competitive and cheaper online products, and therefore we have seen a reduction in income. We continue to promote and offer training as part of our package to potential corporate customers.

School Well-being – We believe that early intervention for school students and their wellbeing is a target area for our work in the future. We have been trialling some early work in this area for development in 2023/2024.

In summary, through 2022/23, we provided the following services and opportunities for the community:

As part of our work in the community, we attended a number of events, workshops and presentations promoting our work and supporting other organisations in reaching out with health and wellbeing services.

We also held wellbeing workshops for Ukrainian refugees, funded through Mind and in support of ESOL (English for Speakers of Other Languages).

Partnerships and Projects

The Army Welfare Service provides professional welfare support and services to our armed forces and their families. We continued to develop this relationship and commenced a new support group in Tidworth for residents of the garrison town. The group uses garrison shared venues, and we participate in the work of the Army Welfare Service across the county and have representation at their regular quarterly meetings.

WILTSHIRE MIND

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

Organisational Overview

Leadership and team members

The Chief Executive Officer works closely with the Trustees and Senior Leadership Team to lead the organisation, strategy delivery, commissioning, funding, awareness, safeguarding, and oversees the charity's budgets and management accounts. The Board and CEO are supported by the leadership and team members, who oversee the policies and working procedures, Health and Safety, Human Resources, and ensuring that all services are delivered to the highest quality and managed appropriately.

Our team members are all part time, and collectively equate to 2.3 Full Time Equivalents. We are indebted to their commitment to the charity.

Volunteers

Our volunteers add significant value to what we do, particularly in the delivery of our counselling and peer support services. They champion our vision and values and help us to ensure that the voices of people with lived experience are at the core of everything we do.

We are grateful to our 13 volunteer counsellors, (4 qualified, 9 in training) who deliver our adult counselling services.

During 2022/2023 we were privileged to have the support of an average of 4 support group volunteers, and an average 13 volunteers providing counselling support – an overall average of 19 volunteers in total throughout the year. During the year, our volunteers contributed in excess of 900 hours to Wiltshire Mind to help deliver our aims.

Organisational Aspects

Wiltshire Mind is part of the National Mind federation although we do retain our independence and are known as a 'local Mind' and associated only through the federation agreement. There is no financial or managerial connection other than payment of the membership fee. Active involvement with the Mind Federation's Quality Mark scheme enables organisational improvement through the Mind Quality Mark (MQM) which we received in 2020. We are working towards re-accreditation, which is effective every three years.

Our IT system is cloud based, resilient and networked, with appropriate cyber security. During the 2021/22 year we introduced our new Client Management Record system. This has enabled us to significantly improve counselling and peer support processes, procedures and data management. We are introducing an automated HR management system which will reduce time spent on administrative tasks.

Achievements and performance

Significant activities and achievements against objectives Our impact in 2022/23

Adult Counselling Service

During the year we provided 759 counselling sessions, helping 101 adults across Wiltshire.

Children and Young People's Counselling Service

In total, we provided 125 counselling sessions for Children and Young People, helping 18 individuals.

Peer Support Groups

In total, we held 147 peer support groups helping 134 people.

WILTSHIRE MIND

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

Financial review Financial commentary

Income

Total income from all sources in the year was £146,258 (2021/22: £153,447).

Expenditure

Total expenditure from all sources was £193,006 (2021/22: £212,356) resulting in a deficit for the year of £46,748 (2021/22: £58,909 deficit).

Banking and investments

We continued to bank and invest with The Co-operative Bank. Our working funds were managed in the Community Direct Plus current account. We also have a current account with NatWest and a United Trust Bank Deposit Account.

Budget 2023/24

Due to the ongoing uncertainties around the pandemic and the general economic situation, the trustees approved a deficit budget for the year 2023/24 of £10,000 noting uncertainties around income, especially donations and grant availability.

Reserves policy

It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year.

The Trustees regularly examine the charity's requirements for reserves with regard to the main risks to the organisation. General reserves are held at an appropriate level in relation to the financial risks and to ensure that funds are available to manage unexpected challenges. (General reserves exclude restricted funds and reserves invested in tangible fixed assets). We also try to ensure that the charity has sufficient liquid reserves (cash and investments less restricted funds) to operate efficiently and manage any shortfalls in planned fundraising and other contributions.

The trustees have previously agreed that Wiltshire Mind's reserve policy is to hold three to six months of planned expenditure as a general reserve to be available with immediate access. The Trustees are aware of the need for reserves and aim to increase the reserve fund as and when conditions allow. As at the end of 2022/23, the unrestricted reserves stand at £57,662 and liquid reserves at £99,530.

The trustees view that this figure is broadly in line with the policy of three to six months of planned expenditure (£42,000 to £85,000) and due to ongoing uncertainties about future charity income and a deficit budget planned for 2023/24 of £10,000, it is prudent to keep a slightly higher level of reserves at this time. All of the unrestricted reserves are general funds, the trustees consider designated funds are no longer required.

During the year, due to ongoing challenges arising from Covid-19, Wiltshire Mind has had to draw on its reserves significantly due to lack of income and disruption to services during the lockdown and post-lockdown periods. The trustees can report that although significantly depleted from previous years, current general unrestricted reserves are still in line with our reserves policy.

The reserves policy will be agreed on an annual basis drawing on updated budgets and business plans and, if this level is maintained further plans will be drawn up to increase expenditure in key areas in line with our stated objectives.

WILTSHIRE MIND

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

We sincerely thank the following organisations who made donations or awarded grants to us:

£200 to £10,000 grants

Anonymous grant funder for our Children and Young Peoples Counselling

Ray Harris Trust for local Support Groups

St James’ Trust Trowbridge for local Support Groups

The Postcode Local Trust for Support Groups

The Edward Gostling Foundation towards core costs

The Ukraine Crisis Response Fund from Mind to help refugees

NHS Charities Together – grant funding for a GP trial referral service

Arnold Clark Community Grant Fund for core costs

Wiltshire Community Foundation for Adult counselling Service

We also gratefully thank the many individuals and donors who have supported Wiltshire Mind during the year.

Plans for future periods

We updated our strategy in the year taking us through to 2025. The Wiltshire Mind strategic plan identified our strategic priorities, and how we will achieve these ‘Cornerstones’. These are:

Sustainability – We will continue to adapt to the way we operate our services and raise income to remain sustainable. We must remain flexible, working to our strategic goals.

Accessibility to our services for anyone in Wiltshire including ‘at risk’ groups – We will create, design, and deliver services through a deeper understanding of local needs.

Integrated working in partnership with others – We will work more closely with existing and new key stakeholders and delivery partners.

Developing pathways for our clients and service users – We will work at the heart of our community and with our commissioners to offer greater mental health support.

Our strategic plan is supported by an 18-month operational plan. Progress on the plan is reviewed at monthly board meetings. We have defined successful delivery of the plan as:

Structure, governance and management

Wiltshire Mind, originally established in 1993, is a company limited by guarantee (No. 5498430) incorporated on 4 July 2005, and a registered charity (No. 1113751) registered with the Charity Commission on 11 April 2006. The charitable company is established under its Memorandum of Association and governed under its Articles of Association.

WILTSHIRE MIND

TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were:

Mr B Stables Mr J Donald Mr N Carter Ms C R Gallagher Mr T J McTiernan Mr J A S Colquhoun (Resigned 4 September 2023) Ms G Brockett (Appointed 27 July 2023)

Recruitment and appointment of trustees

The directors of the company are also charity trustees. Trustees are elected at the AGM by a majority of those attending, or voting by proxy and may serve for a maximum of three years after which they must stand for reelection. Trustees may normally serve for a maximum of three terms after which they are ineligible for two years, however the members at an AGM may choose to reappointment trustees for longer terms.

The Trustees meet at least eight times per year. They are responsible for the strategic direction, policies, activities, and assets of the charity. At present the Trustees' meeting consists of six elected trustees with a variety of backgrounds, lived experience, commercial and charity experience. Sub committees are appointed, consisting of trustees and relevant team members to examine specific issues such as finance, strategy and fundraising, and report back to the full meeting of Trustees as required.

The main responsibilities of leadership and team members include management and delivery of high-quality services and service support, development of new services and management systems, meeting performance targets where set, and supervision and training of team members and volunteers. Wiltshire Mind uses the services of a variety of qualified or trained personnel as required. At the end of March 2023 there were 6 part-time team members and 23 volunteers including trustees.

Prospective trustees are sent an induction pack which outlines the role of the trustee along with the various Charity Commission publications on the subject. He or she will then attend a meeting with other trustees to discuss these issues further. The prospective trustee will be invited to attend meetings of the Trustees as an observer. If he or she wishes to proceed they may be co-opted to serve as a Trustee until the next Annual General Meeting at which members may vote to allow them to be full members. We constantly seek to improve the induction and training of our trustees to enable and empower them in their roles.

The trustees' report was approved by the Board of Trustees.

.............................. Mr J Donald Trustee

23 October 2023 Date: .............................................

WILTSHIRE MIND

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF WILTSHIRE MIND

I report to the trustees on my examination of the financial statements of Wiltshire Mind (the charity) for the year ended 31 March 2023.

Responsibilities and basis of report

As the trustees of the charity (and also its directors for the purposes of company law) you are responsible for the preparation of the financial statements in accordance with the requirements of the Companies Act 2006 (the 2006 Act).

Having satisfied myself that the financial statements of the charity are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of the charity’s financial statements carried out under section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.

Independent examiner's statement

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached.

Katy Gooding

Gooding Accounts Ltd 24 Warminster Road Westbury Wiltshire BA13 3PE United Kingdom

Dated: .........................

WILTSHIRE MIND

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2023

Unrestricted
Restricted
funds
funds
2023
2023
Notes
£
£
Income from:
Donations and legacies
3
74,183
55,283
Charitable activities
4
9,504
1,299
Other trading activities
5
5,013
-
Investments
6
976
-
Total income
89,676
56,582
Expenditure on:
Raising funds
7
15,443
-
Charitable activities
8
128,739
48,824
Total expenditure
144,182
48,824
Net income/(expenditure)
(54,506)
7,758
Transfers between
funds
(335)
335
Net movement in
funds
(54,841)
8,093
Reconciliation of funds:
Fund balances at 1 April 2022
112,503
22,377
Fund balances at 31 March
2023
57,662
30,470		 Total
Unrestricted
Restricted
funds
funds
2023
2022
2022
£
£
£
129,466
99,840
29,910
10,803
5,018
434
5,013
17,000
-
976
1,245
-
146,258
123,103
30,344
15,443
44,340
-
177,563
146,491
21,525
193,006
190,831
21,525
(46,748)
(67,728)
8,819
-
-
-
(46,748)
(67,728)
8,819
134,880
180,231
13,558
88,132
112,503
22,377		 Total
2022
£
129,750
5,452
17,000
1,245
153,447
44,340
168,016
212,356
(58,909)
-
(58,909)
193,789
134,880

The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.

WILTSHIRE MIND

BALANCE SHEET

AS AT 31 MARCH 2023

Notes
Fixed assets
Tangible assets
13
Current assets
Debtors
15
Investments
16
Cash at bank and in hand
Creditors: amounts falling due within
one year
17
Net current assets
Total assets less current liabilities
The funds of the charity
Restricted income funds
18
Unrestricted funds		 2023
£
402
52,937
46,593
99,932
12,201		 £
401
87,731
88,132
30,470
57,662
88,132		 2022
£
171
105,000
43,632
148,803
14,726		 £
803
134,077
134,880
22,377
112,503
134,880

The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2023.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the trustees on .........................
23 October 2023		 The financial statements were approved by the trustees on .........................
23 October 2023
.............................. ..............................
Mr B Stables Mr J Donald
Trustee Trustee

Company registration number 05498430 (England and Wales)

WILTSHIRE MIND

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

1 Accounting policies

Charity information

Wiltshire Mind is a private company limited by guarantee incorporated in England and Wales. The registered office is Trinity House, Bryer-Ash Business Park, Trowbridge, Wiltshire, BA14 8HE.

1.1 Accounting convention

The financial statements have been prepared in accordance with the charity's [governing document], the Companies Act 2006, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "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 charity is a Public Benefit Entity as defined by FRS 102.

The charity has taken advantage of the provisions in the SORP for charities not to prepare a Statement of Cash Flows.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Restricted funds are subject to specific conditions by donors or grantors 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.

Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.

1.4 Income

Income is recognised when the charity is legally entitled to it after any 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 recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.

Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.

WILTSHIRE MIND

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

1 Accounting policies

(Continued)

1.5 Expenditure

Expenditure is recognised once 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 activity. 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 are allocated on the portion of the asset’s use.

1.6 Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Computers 25% SL

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7 Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.8 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.9 Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

WILTSHIRE MIND

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

1 Accounting policies

(Continued)

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

1.10 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

2 Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3 Income from donations and legacies

Unrestricted
Restricted
funds
funds
2023
2023
£
£
Donations and gifts
61,043
-
Grants received
13,140
55,283
74,183
55,283		 Total
Unrestricted
Restricted
funds
funds
2023
2022
2022
£
£
£
61,043
76,875
1,300
68,423
22,965
28,610
129,466
99,840
29,910		 Total
2022
£
78,175
51,575
129,750

WILTSHIRE MIND

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

4 Income from charitable activities

Unrestricted
Restricted
funds
funds
2023
2023
£
£
Counselling
Sale of and donations for
services
9,504
34
Support groups
Sale of and donations for
services
-
1,265
9,504
1,299
Income from other trading activities
Shop income
Trading activity income: other
Other trading activities		 Total
Unrestricted
Restricted
Total
funds
funds
2023
2022
2022
2022
£
£
£
£
9,538
5,018
-
5,018
1,265
-
434
434
10,803
5,018
434
5,452
Unrestricted
Unrestricted
funds
funds
2023
2022
£
£
-
15,230
5,013
1,770
5,013
17,000		 Total
2022
£
5,018
434
5,452
17,000

5 Income from other trading activities

6 Income from investments

Unrestricted Unrestricted
funds funds
2023 2022
£ £
Interest receivable 976 1,245

WILTSHIRE MIND

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2023

7 Expenditure on raising funds

Unrestricted Unrestricted
funds funds
2023 2022
£ £
Fundraising and publicity
Other fundraising costs 12,127 7,217
Trading costs
Operating charity shops - 17,890
Staff costs 3,316 19,233
3,316 37,123
Total costs 15,443 44,340

8 Expenditure on charitable activities

Charitable Charitable
activities activities
2023 2022
£ £
Direct costs
Staff costs 31,436 98,705
Sessional workers 1,366 812
Volunteer costs 31 528
Premises costs 4,727 2,260
Administration costs 3,429 1,807
Professional fees 7,835 8,229
48,824 112,341
Share of support and governance costs (see note 9)
Support 126,140 53,791
Governance 2,599 1,884
177,563 168,016
Analysis by fund
Unrestricted funds 128,739 146,491
Restricted funds 48,824 21,525
177,563 168,016

WILTSHIRE MIND

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

9 Support costs allocated to activities

Support costs allocated to activities
Staff costs
Depreciation
Premises costs
Administration costs
Professional costs
Volunteer costs
Governance costs
Analysed between:
Charitable activities		 2023
£
41,804
402
6,817
27,404
49,681
32
2,599
128,739
128,739		 2022
£
13,643
402
12,269
21,256
6,221
-
1,884
55,675
55,675

10 Trustees

None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.

11 Employees

The average monthly number of employees during the year was:

Employment costs
Wages and salaries		 2023
Number
9
2023
£
76,556		 2022
Number
13
2022
£
121,560

There were no employees whose annual remuneration was more than £60,000.

Remuneration of key management personnel

Key management personal of the charity comprise the Chief Executive Officer and Head of Service Delivery. The Chief Executive Officer is not an employee of the charity, they invoice for their time. This cost and the total employee benefits for 2022/23 is £63,906.

12 Taxation

The charity is exempt from taxation on its activities because all its income is applied for charitable purposes.

WILTSHIRE MIND

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

13
Tangible fixed assets
Cost
At 1 April 2022
At 31 March 2023
Depreciation and impairment
At 1 April 2022
Depreciation charged in the year
At 31 March 2023
Carrying amount
At 31 March 2023
At 31 March 2022
14
Financial instruments
Carrying amount of financial assets
Instruments measured at fair value through profit or loss
15
Debtors
Amounts falling due within one year:
Other debtors
Prepayments and accrued income
16
Current asset investments
Unlisted investments		 Computers
£
2,522
2,522
1,719
402
2,121
401
803
2023
2022
£
£
52,937
105,000
2023
2022
£
£
282
-
120
171
402
171
2023
2022
£
£
52,937
105,000		 Computers
£
2,522
2,522
1,719
402
2,121
401
803
2023
2022
£
£
52,937
105,000
2023
2022
£
£
282
-
120
171
402
171
2023
2022
£
£
52,937
105,000
2,522
1,719
402
2,121
401
803
2022
£
105,000
2022
£
-
171
171
2022
£
105,000

WILTSHIRE MIND

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

17 Creditors: amounts falling due within one year

Creditors: amounts falling due within one year
Other taxation and social security
Accruals and deferred income		 2023
£
-
12,201
12,201		 2022
£
1,008
13,718
14,726

18 Restricted funds

The restricted funds of the charity comprise the unexpended balances of donations and grants held on trust subject to specific conditions by donors as to how they may be used.

At
Chippenham you-in-mind
Devizes you-in-mind
Malmesbury you-in-mind
Melksham you-in-mind
Salisbury you-in-mind
Trowbridge you-in-mind
Trowbridge Polish project
Melksham evening group
Tidworth you-in-mind
YIM Virtual
Trauma counselling
Children and young people
counselling
NHS Chartities together
Ukrainian support group
CMS system		 1 April
2022
Incoming
resources
Resources
expended
Transfers
At 31 March
2023
£
£
£
£
£
2,756
(463)
(2,293)
-
-
542
2,287
(2,829)
-
-
-
5,000
-
-
5,000
541
1,479
(2,020)
-
-
543
3,040
(3,583)
-
-
544
8,294
(8,838)
-
-
7,967
-
-
-
7,967
-
856
(856)
-
-
544
6,722
(7,266)
-
-
-
4,050
(4,050)
-
-
940
1,000
(2,275)
335
-
5,000
10,034
(9,938)
-
5,096
-
9,283
(1,876)
-
7,407
-
5,000
-
-
5,000
3,000
-
(3,000)
-
-
22,377
56,582
(48,824)
335
30,470		 1 April
2022
Incoming
resources
Resources
expended
Transfers
At 31 March
2023
£
£
£
£
£
2,756
(463)
(2,293)
-
-
542
2,287
(2,829)
-
-
-
5,000
-
-
5,000
541
1,479
(2,020)
-
-
543
3,040
(3,583)
-
-
544
8,294
(8,838)
-
-
7,967
-
-
-
7,967
-
856
(856)
-
-
544
6,722
(7,266)
-
-
-
4,050
(4,050)
-
-
940
1,000
(2,275)
335
-
5,000
10,034
(9,938)
-
5,096
-
9,283
(1,876)
-
7,407
-
5,000
-
-
5,000
3,000
-
(3,000)
-
-
22,377
56,582
(48,824)
335
30,470
30,470

WILTSHIRE MIND

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

18 Restricted funds (Continued)
Previous year: At 1 April Incoming Resources Transfers At 31 March
2021 resources expended 2022
£ £ £ £ £
Chippenham you-in-mind 2,202 4,325 (3,771) - 2,756
Devizes you-in-mind - 3,986 (3,444) - 542
Malmesbury you-in-mind - 226 (226) - -
Melksham you-in-mind - 3,376 (2,835) - 541
Salisbury you-in-mind 2,206 1,038 (2,701) - 543
Trowbridge you-in-mind - 3,377 (2,833) - 544
Trowbridge Polish project 7,967 - - - 7,967
Melksham evening group 723 48 (771) - -
Tidworth you-in-mind 460 3,250 (3,166) - 544
YIM Virtual - 1,218 (1,218) - -
Trauma counselling - 1,500 (560) - 940
Children and young people
counselling - 5,000 - - 5,000
CMS system - 3,000 - - 3,000
13,558 30,344 (21,525) - 22,377

19 Unrestricted funds

The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are not subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes.

At 1 April Incoming Resources Transfers At 31 March
2022 resources expended 2023
£ £ £ £ £
General funds 112,503 89,676 (144,182) (335) 57,662
Previous year: At 1 April Incoming Resources Transfers At 31 March
2021 resources expended 2022
£ £ £ £ £
Redecoration 15,000 - - (15,000) -
General funds 165,231 123,103 (190,831) 15,000 112,503
180,231 123,103 (190,831) - 112,503

WILTSHIRE MIND

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2023

20 Analysis of net assets between funds

Unrestricted
Restricted
funds
funds
2023
2023
£
£
Fund balances at 31 March 2023 are represented by:
Tangible assets
401
-
Current assets/(liabilities)
57,261
30,470
57,662
30,470
Unrestricted
Restricted
funds
funds
2022
2022
£
£
Fund balances at 31 March 2022 are represented by:
Tangible assets
803
-
Current assets/(liabilities)
111,700
22,377
112,503
22,377		 Total
2023
£
401
87,731
88,132
Total
2022
£
803
134,077
134,880

21 Related party transactions

There were no disclosable related party transactions during the year (2022 - none).