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2021-03-31-accounts

Charity Registration No. 1126091

Company Registration No. 06504104 (England and Wales)

NORTH EAST WALES MIND LIMITED ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

NORTH EAST WALES MIND LIMITED

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees

Mr A J J Bochenski Mrs P M Thomas Ms M E Jones Ms K J Gallagher Ms T D Griffiths Ms L M Harper (Appointed 16 July 2020) Dr S E Partington (Appointed 16 July 2020)

Secretary Ms J Murphy Charity number 1126091 Company number 06504104 Registered office The Wellbeing Centre 23b Chester Street Mold Flintshire Wales CH7 1EG Independent examiner Azets Brynford House 21 Brynford Street Holywell Flintshire Wales CH8 7RD

NORTH EAST WALES MIND LIMITED

CONTENTS

Page
Annual Trustees' report 1 - 11
Independent examiner's report 12
Statement of financial activities 13
Balance sheet 14 - 15
Notes to the financial statements 16 - 24

NORTH EAST WALES MIND LIMITED

ANNUAL TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) FOR THE YEAR ENDED 31 MARCH 2021

The trustees present their report and financial statements for the year ended 31 March 2021.

Objectives and activities

Aims, objectives and vision

North East Wales Mind was set up to promote and safeguard mental health for people in Flintshire and Wrexham and its aims are set out in the objects contained in the charity’s Memorandum of Association. The organisation was established in 1998 to work in association with Mind (the National Association for Mental Health) and to follow the vision, mission, values and goals of Mind. These were updated in 2015.

Our vision

We won’t give up until everyone experiencing a mental health problem gets both support and respect.

Our mission

To provide advice and support to empower anyone experiencing a mental health problem to live their life to the full, have hope for the future, enjoy positive wellbeing and get their voice heard.

Our values: We are

Mind’s strategic priorities 2021-24

We will continue to work for people experiencing mental health problems by supporting Mind’s strategic objectives by supporting Mind’s strategic objectives which are:

Locally we will do this by:

NORTH EAST WALES MIND LIMITED

ANNUAL TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

NE Wales Mind’s vision is of a society that promotes and protects good mental health for all , and that treats people with experience of mental distress fairly, positively, and with respect. During 2020/21 there was a continuing emphasis on providing services which prevent mental health problems and promote well-being and recovery. We also focussed on supporting people struggling with their mental health through the pandemic due to isolation and difficulty in getting support from their usual services.

Each year the Board of NE Wales Mind reviews what has been achieved over the past 12 months. The review looks at the success of each activity and the benefits it has brought to those groups of people the organisation is set up to help. The review also helps us ensure our aims, objectives and activities remain focused on our stated purposes (see above). The Directors have referred to the guidance contained in the Charity Commission’s general guidance on public benefit when reviewing the work of the organisation and the aims and objectives set.

Activities

In order to achieve its purpose and objectives the charity provided a range of services to people in North East Wales experiencing mental distress. The COVID-19 pandemic meant that, right from the beginning of the year, all services had to be adapted for remote delivery by phone and/or online. This was done quickly and there was no delay in providing support to those who wanted it. We are particularly proud that clients did not experience a break in the services provided for them, even though those services were often provided in a different way to usual.

During the year additional face to face activities were provided when possible, usually outside, in line with COVID regulations for clients who were particularly vulnerable and needed face to face support. The main services provided were:

Information and guidance

The charity responded to telephone and email requests for information on a wide range of topics related to mental health. Information was available to anyone in Flintshire and Wrexham and, in addition, enquirers were signposted to other organisations in NE Wales and further afield for practical support.

A core part of NE Wales Mind’s information services was its website www.newmind.org.uk which included information on NE Wales Mind services as well as information on wellbeing and links to local and national well-being resources. The website is available in English and Welsh versions to ensure people have access to information in the language of their choice.

The benefits of the information and guidance service for beneficiaries are that having up-to-date and reliable information allows people to take more control of their mental health, to start a process of recovery or to maintain good mental health and well-being. Signposting also has very practical benefits, for example allowing a person to access a mental health advocate so that they can solve practical problems like housing or debt.

As people could no longer drop into our Wellbeing Centre for support and information we expanded our social media presence in order to provide an alternative way to communicate with people. We already had Twitter and Facebook accounts, however these were underused and we felt they could be more effective. In April 2020 we appointed a social media agency to expand the number of posts so that North East Wales Mind had a regular online presence. In March 2021 we added an Instagram account.

NORTH EAST WALES MIND LIMITED

ANNUAL TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

Community Wellbeing Support

Both individual and group-based support were provided to help reduce isolation, improve social networks, improve resilience and encourage people to re-engage with their local community.

Normally an important feature of these services is bringing people together in groups to reduce social isolation and increase variety and learning in people’s lives. The pandemic meant that services needed to be adapted to be delivered remotely. Staff quickly adapted to remote delivery, initially keeping in touch with ongoing clients by phone whilst online services were developed. We were assisted in developing online services over Zoom by funding and training from Mind nationally. In addition, particularly vulnerable or isolated clients were met in the community whenever possible to provide them with the face to face support they needed. Services provided were

Studies show that being isolated is bad for mental well-being. Many of the people who access mental health services live alone and have limited family support. It is, therefore, important to provide a regular source of social support so online groups were provided every day of the working week in order that people could maintain and develop friendships with others as well as supporting their confidence and self-esteem. Groups provided were:

NORTH EAST WALES MIND LIMITED

ANNUAL TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

Talking therapies

Talking therapies can help people explore their feelings and problems and learn effective skills to help them move on with their lives in a positive way. They can help improve self-esteem, motivation, self-acceptance and work to overcome self-defeating behaviours or habits. As with Community Wellbeing Services, the pandemic meant that talking therapies had to be delivered remotely, via either phone or Zoom. Service available during the year were:

Workplace Wellbeing Support

This service recognises that people at work, especially young people, can be at particular risk of developing mental health problems and that support in improving mental resilience can make a huge difference. Through advice and training, this service delivers an anti-stigma message to a wide audience and can help members of the working community support others who are experiencing mental distress, encouraging them to get early help from their GP and mental health services. Due to the pandemic face to face training, which had been the core of the service previously, became impossible and many employers cancelled sessions because of staff being furloughed or otherwise unavailable.

More workplace wellbeing support was requested as the year went on to support employees with the stresses imposed by the pandemic:

NORTH EAST WALES MIND LIMITED

ANNUAL TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

Ensuring public benefit

Beneficiaries

Figures from Public Health Wales show that in 2020 the adult population of Flintshire and Wrexham (16+) was estimated to be 239,179. In a normal year 1 in 4 people in the UK will experience a mental health problem each year, so we can estimate that around 59,795 people in NE Wales will experience a mental health problem each year. Over their lifetime 17 in every 100 people will experience suicidal thoughts and three in every hundred will self-harm. In 2020/21 it is likely that these figures are an underestimate as early indications are that the pandemic increased the incidence of mental health problems by at least 10%.

All of these people, their friends and relatives, may sometimes have a need for the information and support which NE Wales Mind aims to provide.

NE Wales Mind’s services are used by people with mental health problems who, otherwise, broadly mirror our community. They include

The vast majority of clients are white and Christian and consider themselves to be either Welsh, English or British. Virtually all of the people using our services speak English as their first language.

If we were to describe a typical client it would be a British, English speaking female with mental health problems who is heterosexual, Christian and between 30 and 50 years old, although specific services may have a different profile.

Most of the services provided by NE Wales Mind were free to the end user (with the exception of workplace wellbeing and some counselling services). Because of the funding available, most of the services were available to all adults living in Flintshire, although increasingly Wrexham services were added, in particular in partnership with Caia Park Partnership. Most services were open or self-referral (eg they were open to everyone and no selection criteria applied). The exceptions to this were Parabl services (as there these were available only to those with mild to moderate mental health difficulties.

The Directors take the issue of equal access to services very seriously and have an equal opportunities policy which sets out the organisation’s commitment to equal opportunities for all to access NE Wales Mind’s services. During the year the Directors held two Equality and Diversity workshops.

NORTH EAST WALES MIND LIMITED

ANNUAL TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

Achievements and performance

Charitable activities

Fifteen staff and 20 volunteers provided services to 1,196 individuals and responded to 837 enquiries for information and signposting. The trustees are proud of what was achieved in supporting people with mental health problems in a year when many other services were cancelled or very difficult to access. Key achievements were:

Client Feedback

North East Wales Mind use both formal and informal methods of collecting feedback from clients about services. Feedback is provided from each service to the Chief Officer and passed on to the board. It is used as the basis for improvements to services. Some of the comments received from participants during the year were:

NORTH EAST WALES MIND LIMITED

ANNUAL TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

Complaints

The charity has a formal Complaints Procedure. During the year two written complaints were received. One complaint was upheld and the other was upheld in part.

Client Outcomes

Client outcomes were not kept for all services during 2020/21, largely due to the upheaval caused by the pandemic meaning that services moved to a remote basis and the methods of capturing outcomes which had previously been used were not able to be immediately adapted. The exception to this was the Active Monitoring Service, which was able to continue measuring outcomes in the same way as previously. Research conducted by Mind Cymru showed that of the 216 people who used the service between June and January 2020:

Service user and carer involvement

NE Wales Mind is committed to involving people with experience of mental health problems in every aspect of the organisation, as directors, staff and volunteers. During 2020/21 some of the usual methods of involvement (such as the “Clients in Mind” group, were put on hold. However,

Volunteers with experience of mental health problems (including current clients of NE Wales Mind) volunteered their time to run online activity and social sessions

NORTH EAST WALES MIND LIMITED

ANNUAL TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

Financial review

Financial review

At the start of 2020/21, the Board of NE Wales Mind had considerable concerns about the organisation’s financial position due to the likely effect of the pandemic. In particular they recognised that the COVID-19 pandemic was likely to seriously affect income from trading (selling training and counselling) and fundraising/ donations which formed a small, but important, part of the organisation’s income. There was also initial uncertainty about whether public sector funders would continue to fund at previous levels as services were unable to be provided as they previously had been and concern that moving staff to home working and adapting to digital services would incur higher costs. Finally, two contracts (which had ended in previous years but been rolled over) were due to end during the year.

It was decided early on to seek to mitigate the likely impact of lost trading and fundraising activity by applying to WCVA’s Third Sector Resilience Fund for Wales. This succeeded in attracting a grant of £56,250 and a loan of £18,750. The trustees decided to wait until the loan was due for repayment in May 2021 before deciding whether it would be useful to retain the loan for a longer period or whether it should be returned in full when it became due.

In addition, grant funding was sought to meet the costs of adapting services for online delivery. This was received from Mind, the Voluntary Sector Emergency Fund (through AVOW and FLVC) and Tesco Bags for Life.

After discussions with funders it became clear that public sector contracts with Flintshire County Council (FCC) and Betsi Cadwaldr University Health Board (BCUHB) would continue as previously, despite the change in delivery method. The contracts which were rolling over would continue to do so.

All of these factors and actions meant that no staff needed to be furloughed and services could continue (and

expand).

In addition, the organisation attracted new contracts during the year to provide a Community Wellbeing Hub in Flint and to provide Active Monitoring support to local people through a WCVA/Mind Cymru national project.

These efforts were successful in ensuring the organisation ended the year in a healthy financial position, with a surplus of income over expenditure leading to general unrestricted reserves of £138,288, and designated reserves of 72,940 to be carried forward to fund activity in 2021/22.

Financial outlook

Although 2020/21 ended in a stable and positive financial situation and there have been new funding opportunities provided through the pandemic, the trustees are aware that the financial environment for charities is still challenging, especially given the unknown effects of the Coronavirus (COVID-19) pandemic and Brexit on future public sector funding, public donations and grant and trust funding.

The Trustees continue to take seriously their responsibility to plan a sustainable future for the organisation. In order to respond to this the board will continue to pursue the strategy of maximising alternative sources of unrestricted income through fundraising, trading, grants and donations, as well as pursuing opportunities to bid for contracts in line with the organisation’s strategic priorities.

Part of the reason for seeking alternative income sources is that contracts from the public sector remain short term and uncertain. This includes the new contracts recently gained to provide Community Wellbeing Hubs in Flint and Caia Park in Wrexham as part of BCUHB’s ICAN network for which long-term funding has not yet been fully identified. In addition, two contracts continue to be rolled over, month by month until future procurement processes are held.

NORTH EAST WALES MIND LIMITED

ANNUAL TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

In order to mitigate the risk of losing these funding streams the trustees will seek to extend or will re-tender for existing contracts where that is possible. For projects/contracts where funding is unlikely to be continued the organisation will look for new contracts/services to replace those lost, as well as continuing to expand fundraising, grant and trading activity. In particular, more resources will be put into developing and selling paid-for training courses and talking therapies and seeking to work with Mind nationally to deliver Mind’s branded products locally and grants will be sought to help the organisation develop its core business functions so that it can continue to provide services as cost-effectively as possible.

Supporters and funders

It is with sincere gratitude that the Board wishes to acknowledge the financial support of the following for its continued work in supporting Flintshire and Wrexham people experiencing mental distress:

We would also like to acknowledge the enormous practical support received from

Future plans

In January 2020 the Board of North East Wales Mind started a strategy development process to determine the direction of the organisation and its objectives over the medium term. This was delayed due to the pandemic and will be completed in the 2021/22 financial year. In addition the organisation routinely develops a Business Plan to guide the organisation in the short term.

Trustees recognised that the pandemic and the enormous changes this has brought to individuals are likely to cause a rise in mental health problems and that the organisation needs to be in a position to support the needs in the local population.

Plans to respond to this and other external issues are as follows:

NORTH EAST WALES MIND LIMITED

ANNUAL TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

The trustees has assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.

Structure, governance and management

Governing Document

North East Wales Mind is controlled by its governing document, a Memorandum and Articles of Association as incorporated on 14 February 2008, and constitutes a company, limited by guarantee, as defined by the Companies Act 1985. The governing document was amended on 2 December 2016 to show that the organisation’s name, which had previously been Flintshire Mind, had changed to North East Wales Mind (NE Wales Mind).

Recruitment and appointment of new trustees

As at March 31 2020 the charity had seven trustees (known as directors) from a possible 15. All directors of the company are also charity trustees. Nominations for the position of director are sought from members and others with an interest in the governance of the organisation to be elected by the membership at the Annual General Meeting. The directors may, at any time, co-opt further directors to join them on the board. Each year one third of the directors will resign, so allowing the opportunity for new directors to join the governing body. All co-opted directors retire at the AGM, but may be re-appointed.

All directors give their time voluntarily. During 2020/21, £0 in out of pocket expenses were claimed by the Directors (2019/20: £603.33)

Induction and training of new trustees

All directors are provided with an induction pack and new directors attend an induction meeting with the Chief Officer and the management team. Directors can access training and development opportunities which are relevant to their role.

Organisational Structure

NE Wales Mind is a membership organisation. The NE Wales Mind Board is responsible for the strategic direction of the organisation, meets at least six times each year and is accountable to the membership. There is a standing subcommittee overseeing HR and Health and Safety matters which meets tri-annually and a financial subcommittee which meets fortnightly. The Board sometimes convenes ad-hoc subcommittees which consider specific issues in relation to other issues.

The directors delegate the day to day operation of the organisation to the Chief Officer, and through her to the staff and volunteers. The directors require regular progress reports on services and activities and also scrutinise and approve budgets, financial reports and funding bids. Directors take responsibility, with advice from staff, for the development and approval of policies and procedures to govern the work of the organisation and for the recruitment and appointment of staff.

NORTH EAST WALES MIND LIMITED

ANNUAL TRUSTEES' REPORT (INCLUDING DIRECTORS' REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

Reference and administrative details

Registered company number: 0 6504104 Registered Charity number: 1126091

Registered Office

The Wellbeing Centre 23b Chester Street Mold Flintshire CH7 1EG

Trustees (Directors) during the year

Mr A J J Bochenski Mrs P M Thomas Ms M E Jones Ms K J Gallagher Ms T D Griffiths Ms L M Harper (Appointed 16 July 2020) Dr S E Partington (Appointed 16 July 2020)

Company Secretary Jenny Murphy

Independent Examiner

Azets Audit Services Limited Brynford House 21 Brynford Street Holywell Flintshire CH8 7RD

Bankers

HSBC 22 High Street Mold Flintshire CH7 1AR

The Annual Trustees' r eport was approved by the Board of Trustees.

..............................

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

NORTH EAST WALES MIND LIMITED

INDEPENDENT EXAMINER'S REPORT

TO THE TRUSTEES OF NORTH EAST WALES MIND LIMITED

I report to the trustees on my examination of the financial statements of North East Wales Mind Limited (the charity) for the year ended 31 March 2021.

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

Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of , which is one of the listed bodies.

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.

Melanie Langton-Davies, ACA, FCCA Azets Audit Services Brynford House 21 Brynford Street Holywell Flintshire CH8 7RD Wales

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

NORTH EAST WALES MIND LIMITED

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2021

Unrestricted Unrestricted
funds funds
2021 2020
Notes
£		 £
Income from:
Donations, grants and contract income 2 547,938 327,282
Other trading activities 3 19,073 30,501
Investments 4 43 132
Total income 567,054 357,915
Expenditure on:
Charitable activities 5 413,674 370,400
Net income/(expenditure) for the year/
Net movement in funds 153,380 (12,485)
Fund balances at 1 April 2020 57,848 70,333
Fund balances at 31 March 2021 211,228 57,848

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

The statement of financial activities also complies with the requirements for an income and expenditure account under the Companies Act 2006.

NORTH EAST WALES MIND LIMITED

BALANCE SHEET

AS AT 31 MARCH 2021

Notes
Fixed assets
Tangible assets
9
Current assets
Debtors
10
Cash at bank and in hand
Creditors: amounts falling due within
one year
12
Net current assets
Total assets less current liabilities
Creditors: amounts falling due after
more than one year
13
Net assets
Income funds
Unrestricted funds
Designated funds
14
General unrestricted funds		 2021
£
88,026
160,823
248,849
(23,347)
72,940
138,288		 £
726
225,502
226,228
(15,000)
211,228
211,228
211,228		 2020
£
29,225
52,657
81,882
(24,949)
40,162
17,686		 £
915
56,933
57,848
-
57,848
57,848
57,848

NORTH EAST WALES MIND LIMITED

BALANCE SHEET (CONTINUED)

AS AT 31 MARCH 2021

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 2021.

The directors acknowledge their responsibilities for ensuring that the charity keeps accounting records which comply with section 386 of the Act and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its incoming resources and application of resources, including its income and expenditure, for the financial year in accordance with the requirements of sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 .........................

.............................. ..............................
Mr A J J Bochenski Ms M E Jones
Trustee Trustee

Company Registration No. 06504104

NORTH EAST WALES MIND LIMITED

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2021

1 Accounting policies

1.1 Accounting convention

The financial statements have been prepared in accordance with the charity's [governing document], 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)". 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 applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.

The financial statements are prepared in sterling , which is the functional currency of the charity. Monetary a mounts 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 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.

NORTH EAST WALES MIND LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

1 Accounting policies

(Continued)

1.5 Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, 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 accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure.

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:

Fixtures and fittings 25% on cost Computers 33% on cost

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 net income/(expenditure) for the year.

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 and other short-term liquid investments with original maturities of three months or less .

1.9 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.

1.10 Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

NORTH EAST WALES MIND LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

2 Donations, grants and contract income

Unrestricted Unrestricted
funds funds
2021 2020
£ £
Donations and gifts 20,028 25,682
Grants and Contract Income 527,910 301,600
547,938 327,282
Grants receivable for core activities
WCVA-Third Sector Resilience Fund for Wales 56,250 -
Local Mental Health/SPD Grant 6,952 6,952
Voluntary Sector Emergency Fund (AVOW) 1,000 -
Voluntary Sector Emergency Fund (FLVC) 1,000 -
Tesco Bags for Life 500 -
Wrexham County Borough Council Community Grant 2,250 -
Other grants and contracts 459,958 294,648
527,910 301,600
Other trading activities
Unrestricted Unrestricted
funds funds
2021 2020
£ £
Talking therapy fees 2,603 8,018
Training fees 12,465 13,175
Archway Room Hire - 2,410
Wrexham Room Hire - 3,750
Membership fees and Employment allowance 4,005 3,148
Other trading activities 19,073 30,501

3 Other trading activities

NORTH EAST WALES MIND LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

4 Investments

Unrestricted Unrestricted
funds funds
2021 2020
£ £
Interest receivable 43 132
Charitable activities
2021
2020
£
£
Staff costs 273,666
249,220
Depreciation and impairment 128
728
Rent 16,885
16,750
Insurance 2,353
1,838
Office utilities 5,464
9,306
Telephone and internet 8,345
7,231
Postage and stationery 7,946
5,677
Activities and training resources 1,966
5,447
Refreshments 23
1,240
Training courses and supervision 1,620
2,858
Travel and sustenance costs 4,443
5,334
Web design and computer support 22,271
7,051
Fees and subscriptions 1,377
650
Office repair and maintenance 252
2,423
Trainer fees 13,192
14,124
Therapist fees 1,988
6,094
Other charitable expenditure 48,755
26,429
410,674
362,400
Grant funding of activities (see note 6) 3,000
8,000
413,674
370,400

5 Charitable activities

NORTH EAST WALES MIND LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

6 Grants payable

Peer support Grants 2021
£
3,000
3,000		 2020
£
8,000
8,000

7 Trustees

None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year. (2020; nil)

None of the trustees (or any persons connected with them) incurred any expenses on behalf of the charity charity during the year. (2020; the trustees were reimbursed for a total of £603.33)

8 Employees

The average monthly number of employees during the year was:

Full time
Part time
Total
Employment costs
Wages and salaries
Social security costs
Other pension costs		 2021
Number
5
10
15
2021
£
245,110
17,127
11,429
273,666		 2020
Number
5
10
15
2020
£
221,529
16,247
11,444
249,220

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

NORTH EAST WALES MIND LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

9
Tangible fixed assets
Fixtures and
fittings
Computers
£
£
Cost
At 1 April 2020
10,119
7,606
At 31 March 2021
10,119
7,606
Depreciation and impairment
At 1 April 2020
9,204
7,606
Depreciation charged in the year
189
-
At 31 March 2021
9,393
7,606
Carrying amount
At 31 March 2021
726
-
At 31 March 2020
915
-
10
Debtors
2021
Amounts falling due within one year:
£
Trade debtors
87,631
Prepayments and accrued income
395
88,026
11
Loans and overdrafts
2021
£
WCVA – Resilience Fund for Wales Scheme
18,750
Payable within one year
3,750
Payable after one year
15,000		 Total
£
17,725
17,725
16,810
189
16,999
726
915
2020
£
29,057
168
29,225
2020
£
-
-
-

NORTH EAST WALES MIND LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

12
Creditors: amounts falling due within one year
Notes
WCVA – Resilience Fund for Wales Scheme
11
Other taxation and social security
Government grants
Trade creditors
Other creditors
Accruals and deferred income
13
Creditors: amounts falling due after more than one year
Notes
WCVA – Resilience Fund for Wales Scheme
11		 2021
£
3,750
5,914
-
12,917
16
750
23,347
2021
£
15,000		 2020
£
-
3,415
9,750
11,034
-
750
24,949
2020
£
-

NORTH EAST WALES MIND LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

14 Designated funds

The income funds of the charity include the following designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes:


Community Wellbeing
Talking Therapies
Workplace Wellbeing		 Movement in funds
Incoming
resources
Resources
expended
£
£
145,210
(124,710)
13,175
(14,436)
-
-
158,385
(139,146)		 Transfers
Balance at
1 April 2020

£
£
-
20,923
-
20,500
20,923
(1,261)
20,923
40,162		 Movement in funds
Incoming
resources
Resources
expended
Transfers
Balance at
31 March 2021
£
£
£
£
289,552
(167,085)
(87,450)
55,940
105,217
(100,775)
(24,942)
-
81,880
(23,604)
(40,015)
17,000
476,649
(291,464)
(152,407)
72,940

NORTH EAST WALES MIND LIMITED

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2021

15 Legal Status of the Charity

The charity is a company limited by guarantee. No trustees have any beneficial interest in the charitable company. Each member agrees to contribute £1 to the charity's assets should it be wound up whilst they are a member. The number of guarantees at the year end was 5.

16 Related party transactions

There were no disclosable related party transactions during the year (2020 - none).

17 Going concern

The charitable company has informed management and they are constantly reviewing the guidelines given by the UK Government and adapting their business accordingly so as to best service their clients whilst keeping their staff safe. Regular board meetings ensure communication between informed management and allow for changes to be implemented in a controlled and structured manner.

There is no evidence of a reduction to funding in the next 12 months, supported by the budgets prepared by management so it is felt that the going concern assumption remains appropriate.

Please see the Report of Trustees for further details.

18 Contingent Liabilities

North East Wales Mind has in place several contracts, and if these were to be terminated before the end of the contracts, the charity would be liable to pay any outstanding amounts due as the date of termination. The suppliers and the contract notice period are as follows:

Office rent - 6 months Office insurance - 1 month Gas and Electricity - ends October 2022 Photocopier lease - ends September 2023 Mobile telephone contracts - February 2022 Telephone - 1 month Internet - 1 month Franking machine - ends January 2022 Office rental Wrexham - 1 month