2023-03-31-accounts - Mental Health Matters Wales Limited

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

		Page
Report ofthe Trustees	1	to	11
Report ofthe Independent Auditors	12	to	14
Statement of Financial Activities		15
Balance Sheet		16
Cash Flow Statement		17
Notes to the Cash Flow Statement		18
Notes to the Financial Statements	19 to		28

			FO	R THE YEAR E	NDED 31 MARCH	2023
							2023		2022
					Unrestricted	Restricted	Total		Total
					funds	funds	funds		funds
								as	restated
				Notes					6
INCOME AND ENDOWMENTS			FROM
Charitable	activities
Advocacy Services					993,429		993,429		772,443
Befnending									13,587
Community	Serwces	Support			938,021		938,021		519,783
DBSCymru					11,812		11,812		17,402
Other					5,764		5,764		1,879
Grants					518		518		15,742
COVID-19	Support								109,105
Investment	income			2	18685		18685
Total					1,968,229		1,968,229	1,449,942
EXPENDITURE ON
Charitable	activities
Advocacy Services					566,118		566,118		493,057
Befriending									10,457
Community	Services	Support			677,487		677,487		505,834
DBSCymru					14,738		14,738		5,025
Other					213,611		213,611		147,576
Grants									11,817
Peer Support Group									2,402
COVID-19	Support								28 109
Total					1,471,954		1,471,954	1,204,277
NET INCOME					496,275		496,275		245,665
RECONCILIATION		OF FUNDS
Total funds	brought	forward			1,630,045		1,630,045	1,384,380
TOTAL FUNDS CARRIED FORWARD					2 126320		2 126320	1 630045

						2023	2022
				Unrestricted	Restricted	Total	Total
				funds	funds	funds	funds
							as restated
			Notes				6
FIXEDASSETS
Tangible	assets			454,558		454,558	319,746
CURRENT ASSETS
Debtors			12	439,239		439,239	287,487
Cash at	bank and	in hand		1 299415		1 299 415	1 077 480
				1,738,654		1,738,654	1,364,967
CREDITORS
Amounts	falling due within one year		13	(66,892)		(66,892)	(54,668)
NET CURRENT ASSETS				1,671,762		1,671,762	1,310,299
TOTAL	ASSETS	LESSCURRENT LIABILITIES		2,126,320		2,126,320	1,630,045
NET ASSETS				2 126320		2 126320	1 630045
FUNDS			14
Unrestricted funds						2,126,320	1,630,045
TOTAL	FUNDS					2 126320	1 630045

		FOR THE YEAR END	ED 31 MARCH 2023
			2023	2022
				as restated
		Notes		f
Cash flows from operating	activities
Cash generated from operations			346 668	115,001
Net cash provided by operating activities			346 668	115001
Cash flows from investing	activities
Purchase of tangible fixed assets			(143,418)
Interest received Net cash (used in)/provided	by investing	activities	18685 ~424 333
Change In cash and cash	equivalents	in
the reporting period			221,935	115,002
Cash and cash equivalents	at the
beginning ofthe reporting	period		1,077,480	982,478
Cash and cash equivalents	at the end	of
the reporting period			1,299,415	1,077,480

									2023	2022
										as restated
										f
Net Income	for the		reporting		period (as per the Statement	of Financial
Activities)									496,275	245,665
Adjustments for:
Depreciation	charges								8,606	8,168
Interest received									(18,685)	(1)
Increase in	debtors								(151,752)	(145,756)
Increase in	creditors								12,224	6,925
Net cash provided			by operations						346 668	115001
ANALYSIS	OF CHANGES			IN	NET FUNDS
							At 1.4	22	Cash flowf	At 31.3.23 f
Net cash
Cash at bank and		in	hand				1 0	480	221 93	1 29941
							1 077	480	221 935	1 299415
Total							1 077480		221 935	1 299415

														2023	2022
															as restated
							Activity							f	f
Grants							Advocacy	Services						23,052	63,746
Other	income						Advocacy	Services							553
PRPRincome							Advocacy	Services						337,910	272,616
SLA							Advocacy	Services						632,467	435,528
Grants							Befriending								13,587
Grants							Community	Services Support						110,036	63,441
Other	income						Community	Services Support						1,107	8,884
Donations							Community	Services Support						7,722	9,030
SLA							Community	Services Support						819,154	438,428
Other	income						DBSCymru							11,812	17,402
Other	income						Other							2,760
Donations							Other							3,004	1,879
Grants							Grants							518	14,992
Donations							Grants								750
Grants							COVID-19	Support							109,105
													1	949544	1 449 941
													Donat-
	f			f			f Grants f		Other f	PRPR	f	SLA		iona	Total
Advocacy		Services					23,052			337,910		732,208			1,093,170
Community			Services		Support		110,038		1,107			719,413		7722	838,280
DBSCymru									11,812						11,812
Other									2,760					3,004	5,764
Grants								518							518
							133	606	15679	337910		1 451	621	10726	1 949 544
Grants	received,			included		in the	above, are as follows:
														2023	2022
			f			f
Talking	Connections														10,000
Advocacy South				Wales										23,052	54,625
BAVO	Grant														3,341
Covid-19 Response															107,345
ICF														518	21,612
Therapeutic			Support		Service										49,640
Befriending:			Moving		on Project										18,308
Wellbeing		services												110,038
														133608	264 871

CHARITAB	LE ACTIVITIES COSTS
			Support
		Direct	costs (see
		Costs 6	note 5)f	Totals 6
Advocacy Services		555,865	10,253	566,118
Community	Services Support	423,606	253,881	677,487
DBSCymru Other		14,628 139,143 «33	110 14468 14,738 213611 338«654
SUPPORT	COSTS
			Support
		Management	costs 6	Totals 6
Advocacy Services		6,109	4,144	10,253
Community	Services Support	246,870	7,011	253,881
DBSCymru		110		110
Other		57,707	16761	74468
		310 796	27 916	338712
NET INCOME/(EXPENDITURE)

Net inco	me/(e	xpenditure	) is sta	ted after charging/(crediting):
					2023	2022
						as restated
					6	6
Auditors'	remuneration				6,634	5,897
Auditors'	remuneration		for non	audit work	3,572	3,245
Depreciation		-owned	assets		8606	8 167
TRUSTEES'		REMUNERATION		AND BENEFITS

STAFF COS	TS
						2023	2022
							as restated
						6	f
Wages and salanes					1,251,335		1,051,843
					1	251 335	1 551 643
The average	monthly	number ofemployees	during	the year was as follows:
						2023	2022
							as restated
Direct employees						46	42
Administrative	staff					6	6
						52	48

					Unrestricted	Restricted	Total
					funds	funds	funds
							as restated
							6
INCOME AND ENDOWMENTS				FROM
Charitable	activities
Advocacy Services					772,443		772,443
Befriending					13,587		13,587
Community	Services		Support		519,783		519,783
DBSCymru					17,402		17,402
Other					1,879		1,879
Grants					15,742		15,742
COVID-19	Support				109,105		109,105
Investment	income
Total					1,449,942		1,449,942
EXPENDITURE ON
Charitable	activities
Advocacy Services					493,057		493,057
Befriending					10,457		10,457
Community	Services		Support		505,834		505,834
DBSCymru					5,025		5,025
Other					147,576		147,576
Grants					11,817		11,817
Peer Support Group					2,402		2,402
COVID-19	Support				28109		28 109
Total					1,204,277		1,204,277
NET INCOME					245,665		245,665
RECONCILIATION		OF FUNDS
Total funds	brought		forward		1,384,380		1,384,380
TOTAL FUNDS CARRIED FORWARD					1 630045		1 630045

					Fixtures
				Freehold	and
				property 6	fittingsf	Totals 6
COST
At 1 April 2022				396,730	33,800	430,530
Additions				135,000	8418	143418
At 31 March 2023				531,730	42 218	573948
DEPRECIATION
At 1 April 2022				77,102	33,682	110,784
Charge for year				8,385	221	8606
At 31 March 2023				85,487	33903	119390
NET BOOK VALUE
At 31 March 2023				446 243	8 315	454 556
At 31 March 2022				319628	118	319746
DEBTORS:AMOUNTS		FALLING DUE WITHIN ONE YEAR
					2023	2022
						as restated
						f
Trade debtors					30,011	27,996
Other debtors					497	1,264
Grants receivable Prepayments					404,756 ~3975	254,738 3489
					439239	287487
CREDITORS: AMOUNTS			FALLING DUE WITHIN ONE YEAR
					2023	2022
						as restated
					6	f
Trade creditors					20,097	9,714
Social security	and other		taxes			13,224
Accrued expenses					46 795	31,730
					~66 892	~54 668

MOVEMEN	T	IN FU	ND	S
							Net	Transfers
							movement	between	At
						At 1.4.22f	in fundsf	fundsf	31 323f
Unrestricted		funds
PRPR/ Advocacy services						12,000	427 311	(43,239)	396,072
DBSincome							(2926)	2,926
General fund						19,413	(162041)	161,503	18,875
Designated		Capital	Fund			319,746	(8606)	143,418	454,558
Critical Costs						896,787			896,787
Integrated	Care Fund					21,600	(6784)	(14,816)
Therapeutic		Support	Service			101,345	96466		197,811
Wellbeing	Services					24,154	152855	(84,792)	92,217
Designated		New Property				165,000		(165,000)
Designated		Improvements			to New Property	20,000			20,000
Designated		Committed		Projects		50,000			50 000
						1,630,045	496,275		2 126320
TOTAL FU	N	DS				1 630 045	496275		2 126320

Net movement in funds, included in the above are a	s follows.
	Incoming	Resources	Movement
	resources f.	expendedf	in fundsf
Unrestricted funds
PRPR/ Advocacy services	993,429	(566,118)	427,311
DBSincome	11,812	(14,738)	(2,926)
General fund	183,618	(345,659)	(162,041)
Designated Capital Fund		(8,606)	(8,606)
Integrated Care Fund	518	(7,302)	(6,764)
Therapeutic Support Service Wellbeing Services TOTAL FUNDS	259,741 519111 1 968 229 1 968229	(163,275) ~366256) ~1471954) ~14 1 9 4)	96,466 152 855 496275 4962

Comparatlves for	mov	em	ent In funds
					Net	Transfers
					movement	between	At
				At 1.4.21	in fundsf	funds	31 322
Unrestricted funds
PRPR/ Advocacy services				399,199	198330	(585,529)	12,000
DBSincome				8,298	12377	(20,675)
General fund				81,375	29977	(91,939)	19,413
Designated Capital	Fund			327,913	(8167)		319,746
Critical Costs				294,787		602,000	896,787
Better Together Project					892	(892)
Integrated Care Fund				4,910	16690		21,600
Therapeutic Support	Service			191,637	(90292)		101,345
Wellbeing Services				53,237	66203	(95,286)	24,154
Covid Response				23,024	19655	(42,679)
Designated New Property						165,000	165,000
Designated Improvements			to New Property			20,000	20,000
Designated Committed		Projects				50,000	50,000
				1,384,380	245,665		1,630,045
TOTAL FUNDS				1 384 380	245665		1 630 045

Comparative net movement in funds, included in the	above are as follows:
	Incoming	Resources	Movsmsnt
	resources	expendedf	in fundsf
Unrestricted funds
PRPR/ Advocacy services	740,226	(541,896)	198,330
DBSincome	17,402	(5,025)	12,377
General fund	164,465	(134,488)	29,977
Designated Capital Fund	1	(8,168)	(8,167)
Better Together Project	3,341	(2,449)	892
Integrated Care Fund	40,670	(23,980)	16,690
Therapeutic Support Service	158,120	(248,412)	(90,292)
Wellbeing Services Covid Response TOTAL FUNDS	218,373 107,344 1 449 942 1.449.942	(152,170) ~8689) ~1204 277) ~1204 277)	66,203 9655 245.665 245665

A current year 12 m	onth	s	and prior year 12months	combined	position is as	follows:
						Net		Transfers
						movement		between	At
				At 1.4.21		in fundsf		funds	31 323
Unrestricted funds
PRPR/ Advocacy services				399,199		625641		(628,768)	396,072
DBSincome					8,298	9451		(17,749)
General fund					81,375	(132064)		69,564	18,875
Designated Capital	Fund			327,913		(16773)		143,418	454,558
Critical Costs				294,787				602,000	896,787
Better Together Project						892		(892)
Integrated Care Fund					4,910	9906		(14,816)
Therapeutic Support	Service			191,637		6 174			197,811
Wellbeing Services					53,237	219058		(180,078)	92,217
Covid Response					23,024	19655		(42,679)
Designated Improvements			to New Property					20,000	20,000
Designated Committed		Projects						50,000	50,000
				1,384,380		741,940			2,126,320
TOTAL FUNDS				1 384 380		741 940			2 126320
A current year 12 months			and prior year 12months	combined	nst movement	in funds,	included	in the above	are as follows
						Incoming	Resources		Movsmsnt
						resourcesf		expendedf	in funds f
Unrestricted funds
PRPR/ Advocacy services						1,733,655	(1,108,014)		625,641
DBSincome						29,214		(19,763)	9,451
General fund						348,083		(480,147)	(132,064)
Designated Capital	Fund					1		(16,774)	(16,773)
Better Together Project						3,341		(2,449)	892
Integrated Care Fund						41,188		(31,282)	9,906
Therapeutic Support	Service					417,861		(411,687)	6,174
Wellbeing Services Covid Response TOTAL FUNDS						737,484 107,344 3 8« 3418 1 1	(518,426) ~87689) ~66 3) ~26 6 231)		219,058 19655 .940 41 940