REGISTERED COMPANY NUMBER: 06504104 (England and Wales) REGISTERED CHARITY NUMBER: 1126091 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 FOR IYORTH EAST WALES MIND LIMITED Williams Denton Cyf Chartered Certified Accountants Glaslyn Ffordd y Parc Parc Menai Bangor Gwynedd LL57 4FE
NORTH EAST WALES MIND LIMITED CONTEKfs OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Page Report of the Truslees I to 8 Independent Examiner's Report Statement of Financial Activitie5 io Balance Sheet 11 to 12 Notes to the Financial Ststements 13 to 18 Detailed Statement of Financial Aetivities 19 to 20
NORTH EAST WALES MIND LIMtTED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 The tsstees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the fmancial statements of the charity for the year ended 31 March 2026. The trnstees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to chaTlties preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019). Chair's Trustee Report As Chair of North East Wales Mind, I am pleased to present this report reflecting on our continued progress and strategic focus over the past year. Our mission to support individuals experi¢ncing mental health challgeS remains at the heart of everything we do, and I am proud of the dedication shown by our board. staff. and volunteers. Strengthening Governance and Board Development This year, we welcomed several new trnstees to our boar¢ bringing fresh perspectives, diverse experiences, and renewed energy io our governance. Embedding these new members has been a key priority. We have implemented a structured induction programme, pairing new trustees with experienced board members and offering tailored training to ensure they are well-equipped to contribute effectively. Our board development efforts have focused on fostering a collaborative and inclusive culthre, where trustees feel empowered to challenge constructively and supw)rt the organisation's strategic direction. l am confident that our strengthened board is well-positioned to provide robust oversight and guidance in the years ahead. Strategic Collaboration with Leadership Our partnership with the CEO and Senior Leadership Team continues to be a key driver of our success. Working to align operational delivery with our strategic objectives, ensuring that our services remain responsive, impact1, and sustainable. Supporting Those Most in Need At the core of our strategy is a committnent to reaching our community most in need, those who face the greatest baTriers to mental health support. We continue to listen to the voices of lived experience, ensuring that our services aTe sbaped by those who use them. Our work in this ar¢a is ongoing, and we remain dedicated to evolving our approach to meet the complex and changing needs of our community. Looking Ahead As we move forward, our focus will remain on strengthening our governance, deepening our strategic partnerships. and enhancing our impact. l am grnteful to all trustees, staff, volunteers, and parthers for their unwavering commitm¢nt to our shared mission. Together, we will continue to build a Tesilient, compassionate, and inclusive organisation that makes a real difference in the lives of those we serve. Joanna Seymour Chair, North East Wales Mind Page I
NORTH EAST WALES MIND LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 TrL4RCH 2025 ORJECTIVES AND ACTIvrrIES AIMS & OWECTIVE North E&8t Wales Mind was set up to promote and safeguard mental health for p¢opl¢ in FlintshiTe and Wrexham and its aims are s¢t out in the objects contained in the charity's Memorandum of Association. The organisation was established in 21K18 to WO in association with Mind (the National Association for Mental Health) and to follow the Visio mission, values and goals of Mind. Our vision Go(Kl mental health and wellbeing for everyone in North Easl Wales. Our mission We fight for mental health. For SUPEK)rt. For respect. For everyone in North East Wales. We empow¢r people to live their life to the full and have hope for the t[e We Sak up for those of us with mental health problen Our values.. We are Open: we ach out to those who need us * Accepiing and responsive.. we listen and act to make things better * Kind: we meet people with compassion and respect * Hopeful.. we b¢li¢v¢ a better future is possible * Experienced: we bring together knowledge, lived exFerience and expertise OUR STRATEGIC PRIORITIES 2023-27 We will continue to work for people experiencing mental health problems by: Developing support for children and young people aged 13+ - We'll start two new services for young people. Embedding a Traun)a Informed approach throughoul our work - We'll become a TUMa Enhanced organisation as descnbed in the Trauma tnfonned Wales Framework Developing services and support in Wrexham and Rts surrounding eommunltles - We'll triple the number of people we support in Wrexham - raising the number supported to at least 750 each year by 2027. Fighting for the mental health of rnarginalised people and those in poverty - We'll work with local people and organisations to set up a network of at le&st 10 peeT SUPPOrt groups of people from marginalised groups NE Wales Mind's vision is of a society that promotes and PTOt¢ds good mental health for all, we believe that everyone deserves support for their mental health, regardless of waiting lists or accessibility barriers. We are here to provide timely compassionate menta] health service that makes a real difference in people's lives. During 2024 we continued to provide wellbeing activities and peer support groups across Flintshire and Wrexl)am. These included Live life lo the full courses. We focused on community venues and held lived experience events to shape our program going forward NE Wales Mind has success11Y launched a second trauma infornled peer group, ESG- emotional support group in Page 2
ORTH EAST WALES MIND LIMrrED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 Each year the Board of NE Wales Mind review 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 thos¢ groups of peopl¢ the organisation is set up to help. The review also helps us ensure our aims, objectives and activities remain focused on our stated pury)oses (as above). The Twstees have refeed to the guidance contained in the CharÉty Commission's general guidance on public benefit when reviewing the work of the organisation and the aims and objectiv¢s s¢L SIGNIFICANT ACTIVITIES In order to achieve its purpose and objectives the charity provided a range of services to people in NE Wales periencing concern with their mental health and focussing on prevention through wellbeing activities. We continued to provide remotely delivered services by phone andlor online, but also regular face to face senrices. This change, which was accelerdted by the pandemic, means that w¢ ar¢ abl¢ to provide a blended service. The benefits of the infi)nnation and guidance service for beneficiaries are that having upto4ate and reliable inforniation allows people to tske more ontrol of their mental health, to start a process of revery, or lo maintain good mental health and well-being. WHO WE BENEFTT Figures frorn Public Health Wales show that in 2023 the adult population of Flintshire and Wrexham (16+) was estimated to be 299,200. In a nonnal year l in 4 people in the UK will expeTience a mental health problem each year, so we can estimafr that amund 70,000 people An NE Wales will experience a mental health problem each year. Over their lifetime 17 in every 100 people will experience suicidal thoughts and thr¢¢ in every hundred will self-hami. All of these people, their friends and relatives, may sometimes have a need for the inforniation and supwrt which NE Wale5 Mind aims to provide. Whilst most speak Welsh or English, we have joined together with national Mind to have an aTfdy of supportive literature available in multiple languages from Arabic, Polish, Romanian and many ULore. Most of the services provided by NE Wales Mind were free to the end user (except for workplace wellbeing and some counselling services). Because of the funding available. most of th¢ services were available to all adults 16 + livtng in Flintshire and Wrexham. Most Services were open or self-referral (ie they were op¢n to ¢v¢ryone and no selection criteria applied). The exception to this were the Parabl and Rbyl City Strafrgy services as these requir¢ an individual assessment prior to onward refe1 to NE Wajes Mind. The Trustees tske the issue of equal access to service5 very seriously and have an equal opportunities policy which set5 out the organisation's commitment to equal opportunities for all to access NE Wales Mind's services. Dwing the year staff received Equality, Equity and Diversity training. Page 3
NORTH EAST WALES MIND LIIKITED REPORT OF THE TRUSTEES FOR THE YEAR EIWED 31 MARCH 2025 ACHIEVEMENTS AND PERFORMANCE Charitable activities 14 staff (10 full time equivalents) and 19 volunteers provided services to 1273 individuals and responded to 598 enquiries for infonnation and signposting through email and telephone. The trustees aft proud of what was achieved supportlng people with mental health problems. Key achiev¢m¢nts were: - Continuing to deliver blended seryices (th remote and face to fa support). The Wellbeing Centre is open to 8 pm on a Tuesday and a Thursday, supporting Volunteers and wellbeing calls under the secured fimding from Flintshire County Council Adult mental health and WCVA (Wales Council Voluntary Action) - Providing supported self-help service (Adive Monitoring) face -to-face, remot¢ty over the phone and using intmrtive online resources. We supported 203 people during the y¢ar. Clients overwhelmingly improved after using this service and their outcomes were aEK)ve th¢ average for Wales. - Delivering counselIing to 253 people throu8b private counselling, Parabl, RCS (Rhyl City Strategy) and the probation service. - Wellbeing hubs in Flint Library and Caia Pat* Partnership in Wrexham. The hubs provided mindlnesS as well as supported self-help and tnfornlation and advice, including energy advice and scam awareness and money management. Under the funding secured by BCUHB - ICAN funding. Page 4
NORTH EAST WALES MIND LIMrrED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 FINANCIAL REVIEW Financial position Financial overview Finances were stable, even allowing for the additional costs of a restructuring, which resulted in an increased d¢fi¢it for the year. The organisation continued to successfully deliver its contracts and manage its cashflow as it dealt with the impact of the effects of the pandemic and cost of living crisis. The team's efforts were successful in managing through a year of transition, resulting in total year-end reserves of £177,414 to be CWTied fonvard as the base for future years. The charity met the Trustees Reserves Policy of at least 3 months normal operating costs for most of the year, with this falling behind the target by the year end. The trustee's f(Kus is to restore the reserves to at least 3 months operating costs, &5 soon as practical over the next couple of yea Financial outlook Although 2024125 ended in a stabl¢ f}C1a1 situation, the trustees are aware that the financial environment for charities is still challenging. especially given th¢ ongoing effects of the cost-of-living crisis. This is impacting our partners and our service users which means fimding does not keep pace with either demand or increasing costs. The Trustees continue to take seriously their responsibility to plan a sustainable firture for the organisation. combination of income diversifition away from relianc¢ on large tenders and c051 mitigation. Part of the TOn for seeking alternaiive income sources is that wntracts from the public sector remain short terni and uncertain and pricing rarely keeps pace with infiation. ]n order to mitigate the risk of losing public sector funding streams the tmstees will seek to extend or will re-tend¢r for existing contracts where that is possible and fmancially viable. For projectslcontracts where fimding is unlikely to be continued th¢ organisation will look for new contractsls¢rvices to replace thos¢ losL as well as continuing to expand fimdraising, grnnt and paid for services. More resources will continue to be pul into developing and selling paid-for training courses and talking therapies and seeking to WO with Mind nationally to deliv¢r Mind's branded products locally. We will continue to WO with other local Minds in North Wales to identify cost-efficiencies as well as joint opportunities to tender for work acn)ss North Wales. Grants will be sought to help the organisation develop its core bgineSS functions so that it can continue to provide seThices as cost-effectively as possible. Supporters and funders It is with sincere grdtitude that the Board wishes to acknowledge the financial support of the following for its continued WO in Suprting Flintshire and Wrexham people experiencing mental distress: * Betsi Cadwaladr Universty Health Board * Flintshire County Council * Caia Pa Partnership * WCVA- Wales Council Volunteer Action ° Flintshire Local Voluntary Council * Individual donors and fundraisers * Mind and Mind Cym * Actif Grant through Aura * Wales and West Utilities * Mind our futurel The venture * Toyota Grant Pag¢ 5
NORTH EAST WALES MIND LIMtTED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 We would also like to acknowledge the enornious practical support received from * Adferiad and partners in the Parabl project * Aura Libraries and Leisure * Caia Pa Partnership * Flintshire County Council's Mental Health Support Services * Mind (National Ass(Kiation for M¢ntal Health) * The Good Things Foundation- data bank • Barclays bank Samarltans * Wise group. * NE Wales Mind volunteers, who giv¢ freely of their tim¢ and ¢xwtise * Bethel Chapel • Tyddyn Street Church • FIxKll)anks across Flintshire and Wrexham * Buckley Village Hall OiiR STRATEGY AfiD FUTURE PLANS We continue to recNit additional trustees with skills which are identified as missing from the boart using a skills view. Our thanks go to both new trustees and those who have recently retired. A new business development and income generdtion manager has been recruited to provide additional resource and focus on long t¢rni fJnancia] sustainability. This is in its early stages. We have success1]Y completed a Mind Quality Mark external audiL in order to ensure quality and retain our national Mind affiliation. Plans to respond to the increasing demand and other exfrrnal issues include: - To complete woth on the implementation plan for our strategy - April 2023 to March 2027 by considering a wide range of external and internal factOTS, to provide a n)a(Imap for the development of the organisation and its services by way of a new business plan - To seek opportunities to extend the reach of the Supported Self Help service to supwrt more people with mild to moderate mental health pmblems. including a pilot of a seD/ice for children and young people To fiffther develop workplace wellbeing seryices in order to provide training and counselling for people who are employed. As part of this work, develop an in-house team able to deliver Mentsl Health First Aid training. - To continue to provide In-rsOn community wellbeing services from Wellbeing Centres and hubs in Mol¢ Flintshire and Wrexham - To explore opJx)rtunities to WO more closely and strategicalty with other local Minds in North Wales. - To conceTJtrdte on the learning and development needs of board, staff and volunteers by developing and implementing a leaming and development plan for the organisation To infiuence change in the mental health system in North Wales through participation in and leadership of local stakeholder groups and communities of practice. - To adiv¢ly contrAbut¢ to the Mind network by taking a lead¢rship role in One Mijid in Wales, as well as taking up other opportunities at all levels in our organisation. Page 6
NORTH EAST WALES MIND LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 STRuuRE, GOVERNANCE AND MANAGEMENT Governing document North East Wales Mind is controlled by its governing documenL a Memorandum and Articles of Association as incoox)rat¢d on 14 Febrllary 2(K18, and wnstitutes a company. limited by guarantee. &8 defined by the Companies Act 1985. The governing document was amended on 2 December 2016 to show that th¢ oanIsatIon,S name, which had previously been Flintshire Min¢ has changed to North East Wales Mind. Reernitment and appointment of new trustees As of 31 March 2025, the charty had four trustees of a possible 15. All trnstees of the charity are also company directors. Nominations for th¢ position of trustee/director sought from members and others with an interest in the governance of the otEanisation, to be elected by the membership at the Annua] General Meeting. The trustees may, at any time, co-opt further trustees to join them on the Ix)ard. Each year one third of the tteeS will resign. but can seek re-election. All co-opted tsustees retire at the AGM but may be re-app)inteiL All TrLteeS give their time voluntarily. Trustees are provided with an inductRon pack and new Trnslees attend an induction meeting with the Chief Executive and the management team. Trnstees can access training and development opwrtunities which are relevant to their rol¢. Organisational strueture The NE Wales Mind Board is responsible for the strategic direction of the organisation, meels regularly each year and is accountable to the membership. The Board sometimes convenes ad-h wbwmmittees which wnsider specifjc issues in relation to other issues. The Trustees delegate the day-to-day op¢ration of the organisation to the Chief Executive Officer, and through the CEO to the staff and volunteers. The Trustees require regular progress reports on services and activities and scrntinise and approve budgets, fjnancial rewTrrts and funding bids in line with delegated authority levels. Trustees take reswnsibility, with advice from staff, for the development and approval of policies and procedures to govem the work of the organisation and for the recruitment and apwÉntment of staff. REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number 06504104 (England and Wales) Registered Charity number 1126091 Registered offiee The Wellbeing Centre 23b Chester Street Mold Flintshire CH7 IEG Trnstees Ms K J Gallagher (restgned 10.5.24) Ms M E Jones (resigned 30.9.24) Ms P M Thomas (resigned 5.12.24) N Sturnley (resigned 31.12.24) Ms J Seymour M J Birch (appointed 20.8.24) Mrs V Goodwin (appointed 28.6.24) Company Secretary Miss M Collard Page 7
NORTH EAST WALES MIIYD LIMITED REPORT OF THE TRUSTEES FOR THE YEAR EIWED 31 MARCH 2025 REFERENCE AM) ADMINISTRATIVE DETAILS Independent Examiner Williams Denton Cyf Chartered Certified Accountants Glaslyn Ffordd y Parc Parc Menai Bangor Gwynedd LL57 4FE Bankers CAF Bank 25 Kings Hill Avenue Kings Hill West Malling Kent ME19 4JQ Approved by order of the board of ttvstees on ........... . and signed on its behalf by: Ms J Seymour- tee Page 8
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF NORTH EAST WALES MllYD LIMITED Indcpcndent examiner's report to the trnstees of North East Wales Mind Limited ('the Company,) I report to the charity trustees on my examination of th¢ accounts of the Company for the year ended 31 March 2025. Responsibilities and basi5 of report As the charity's trustees of the Company (and also its directors for the purposes of cornpany law) you are responsible for the preparntion of the accounts in accordance with the requirem¢nts of the Companies Act 2006 ('the 2006 Act,). Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, J report in respect of my ¢xamination of your chaJity's accounts as Caled out under Section 145 of the Charities Act 2011 Cthe 2011 Act,). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act. Independent examiner's ststement Sin¢¢ your charity's gross income exceeded £250,000 your examiner must be a n]en]ber of a listed body. I can ¢onfirni that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies. I have completed my examination. I CODfjrn) that no matters have come to my attention in connection with the ¢xamination giving me cause to believe: accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Acl. or th¢ accounts do not accord with those records: or the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). 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 th¢ accounts to be reached. Martin Steven Bae Williams Denlon Cyf Chartered Certified Accountants Glas1 Ffordd y Parc Parc Menai Bangor Gwynedd LL57 4FE Page 9
NORTH EAST WALES MIND LIMITED STATEMENT OF FINANCIAL AcTIvlEs FOR THE YEAR EIYDED 31 MARCH 2025 2025 Total funds 2024 Total funds Unrestricted fund Restricted funds Notes INCOME AIYD ENDOWMENTS FROM Donation4 grants and contract in¢ome 418J78 21,452 439,830 420,995 Other trading activkties tnveslment income 59,4 59,41MI 95,172 5,350 Total 481J61 21,452 502,813 521,517 EATEIYDITURE ON Charitable aetivities Charitsble 422,751 16J88 439,139 568,282 NET INCOMElffXPENDITURE} 610 63,674 (46,765) RECONCILIATION OF FUNDS Total funds brought fonvard 113,740 113,740 160,505 TOTAL FUNDS CARRIED FORWARD 172J50 5,064 177,414 113.740 The notes form part of these fmancial statements Page 10
NORTH EAST WALES MIND LIMITED BALANCE SHEET 31 MARCH 2025 2025 Total funds 2024 Totsl funds Unrestricted fund Restricted fun(L Notes FIXED ASSETS Tangible assets 476 CURRENT ASSETS Debtors Cash at bank 29,482 207,025 iio 5J32 29,592 212J57 41,418 191,610 236,507 &442 241,949 233,028 CREDITORS Amounts falling due within one year io (63,483) (378) {63,861) (115,146) NET CURREKf ASSETS 173,024 5,064 178,088 117,882 TOTAL ASSETS LESS CtJRRENT LIABILITIES 173,024 5,064 178,088 118.358 CREDITORS Amounts falling due after more than one year (674) (674) (4,618) NET ASSETS 172J50 177A14 113,740 FUNDS Unrestricted fLmds Restrict funds 12 172J50 113,740 TOTAL FUNDS 177,414 113,740 The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025. The members have not required the company to obtain an audit of its fmancial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006. The tnteeS acknowledge their responsibilities for (a) ensurftng that the charitable company keeps accounting records that comply witb Sections 386 and 387 of the Companies Act 2(K16 and pr¢paring fmancial statem¢nts which give a true and fair view olthe state of affai of the charitable company as at the end of each financial year and of its sUlUS or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which othenvise Comply with the requirejnents of the Companies Act 2006 relating to fiT]ancial statements, so far as applicable to the charitable company. (b) The notes fonrl part of these flnancial stat¢ments Pagell continu¢d...
NORTH EAST WALES MIND LIMfTED BALANCE SHEET- eontinued 31 MARCH 2025 These fjnancial statements have been prepared in accordance with the provisions applicable to charltable companies subject to the small companies regime. The fll) cial statements were approved by the Board of TteeS and authorised for issue . and were signed on its behalf by: on J Seymour- stee The notes fonn part of these financial statements Page 12
NORTH EAST WALES MtND LIMfTED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 202S ACCOUNTING POLICIES Basis of preparing the financial ststemenls The financial statements of the charitable company. which is a public benefrt entity under FRS 102, have been prepared in accordance with th¢ Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019),, Fitwicial Reporting Stsndard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The funCial statements have been prepared under the historical cost onv¢ntion. Income All income is recognised in the Statement of Financial Activities once the charity has ¢ntitl¢m¢nt to th¢ fimds, it is probable that the income will be received and the amount can be measured reliably. Expenditure Liabilities are recognised as eXnditUTe as soon as there is a legal or constructive obligation conunitting the charity to that expenditure. it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligalion can be measured reliably. Expenditure is accounted for on an accnlS basis and has Ix¢n cl&8sified 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. Tangible fixed assets Depreciation is provided at the following annual rates in order to write off each a&8et over its estimated useful life. Fixture5 and fittings Computer equipment 250/0 Oll Cost 330/0 on cost Taxation The charity is exempt from COTpofdtion t&x on its charitable activities. Fund aeeounting Unrestricted funds can be used in accordance with the rharitabl¢ objectives at the discretion of the ttustees. Restricted fimds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purwse of eh fund is included in the notes to the financial statements. Page 13 continued..
NORTH EAST WALES MIND LIMITED NOTES TO THE FINANCIAL STATEMEiYfs- continued FOR THE YEAR ENDED 31 MARCH 2025 DONATIONS, GRAiYfs AND COIYTRACT IIYCOME 2025 2024 Donations Contract Incom¢ 56,452 383J78 31,305 389,690 439,830 420.995 OTHER TRADING A1vITIEs 2025 2024 Counselling Income Training Other income Room hire 30,699 20,432 7,181 1,088 25,617 64,535 5,020 59,400 95,172 INVESTMENT INCOME 2025 2024 Interest reived 3,583 5,350 NET INCOMEI(EXPENDITURE) Net incom¢l{expenditure) is stated after ChargAn(creditIng). 2025 2024 Depreciation- owned assets 476 789 TRUSTEES, REMUNERATION AND BENEFITS There were no tNstees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024. Trustees, expenses Trusfre's expenses of £98 were paid for the year ended 31 March 2025. There were £199 of expenses paid for the year ended 31 March 2024. Page 14 continue(L..
NORTH EAST WALES MIND LIMrrED NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2025 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund Restricted funds Total funds INCOME AND ENDOWMEKfs FROM Donations, ants and contract income 420,995 420,995 Other tiading activities Investment income 95,172 5,350 95,172 5,350 Totsl 521,517 521,517 EXPEIYDITURE ON Charltable aetlvitles Charitable 568,282 568282 NET INCOME/(EXPENDITURE) (46,765) (46,765) RECONCILIATION OF FUIYDS Total funds brought forward 160,505 160,505 TOTAL FUNDS CARRIED FORWARD 113,740 113,740 TANGIBLE FIXED ASSETS Fixtures Computer equipment fittings Totals COST At I ApTiI 2024 and 31 Mah 2025 10,119 9,723 19,842 DEPRECIATION At l April 2024 Charge for year 9,960 159 19J66 476 317 At 31 March 2025 10,119 9,723 19,842 NET BOOK VALUE At 31 March 2025 At 31 March 2024 159 317 476 Page 15 continued...
NORTH EAST WALES MIND LIMrrED NOTES TO THE FINANCJAL STATEMENfs- continued FOR THE YEAR ENDED 31 MARCH 2025 DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Trade debtors Prepayments and ¢rUed income 24847 4,745 30236 11,182 29,592 41,418 io. CREDITORS: AMOUNTS FALLING DUE wrrHIN ONE YEAR 2025 2024 Trade creditors Social security and other taxes WCVA: Third Sector Resilience A¢¢nlS and defenEd income 6,820 {14) 3944 53,lJl 5,800 18.611 86,791 63,861 115,146 ii. CREDITORS: AMOUNTS FALLING DUE AFfER MORE THAN ONE YEAR 2025 2024 WCVA: Third Sector Resilience 674 4,618 12. MOVEMENf IN FUNDS Net movement in funds At 31.3.25 At 1.4.24 Unrestricted funds General fimd 113,740 610 172J50 Restrieted funds WCVA Volunteering Wales &064 5,064 TOTAL FUNDS 113,740 63,674 177,414 Net movement in fullds. included in the above are as follows: Incoming resources Res(yurces expended Movement in funds Unreslricted funds Gene171 fund 481J61 (422,751) 5&610 Restricted funds WCVA Volunteering Wales 21,452 (J6W8) 5,064 TOTAL FUNDS 502,813 (439,J39) 63,674 Page 16 continued...
NORTH EAST WALES MIND LIMITED NOTES TO THE FINANCIAL STATEMENTS- eontinued FOR THE YEAR EIYDED 31 MARCH 2025 12. MOVEMENT IN FUNDS- Continued Comparatives for movement in funds Net movement in funds At 31.3.24 At 1.4.23 Unrestricted funds General fi]nd 160,505 (46,765) 113,740 TOTAL FUM)S 160,505 (46,765) 113,740 Comparative net movernent in funds, included in the above are as follows: Incoming resources Movement in funds expended Unrestrieted funds General fund 521,517 (568282) (46,765) TOTAL FUNDS 521,517 (568,282) (46,765) A Cunt year 12 months and prior year 12 months combined position is as follow5: Net movement in funds At 3 E.3.25 At 1.4.23 Unrestricted funds General fund 160,505 11,845 172,350 Restricted funds WCVA Volunte¢iing Wales 5,064 TOTAL FUNDS 160.505 16,909 177,414 Page 17 continueiL..
NORTH EAST WALES MIND LIMITED NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025 12. MOVEMENT FUNDS - continued A cuent year 12 months and prior year 12 months combined net movement in fLU]ds, included in the above are as follows: Incoming resources Resources ¢xpend¢d Movement in funds Unrestricted funds General fund 1,002,878 (991,033) 11,845 Restricted funds WCVA Volunteering Wales 21,452 (16,388) TOTAL FUNDS 1,024,330 (1,007,421) 16,909 13. RELATED PARTY DISCtL)SURES There were no related party transactiODS for the year ended 31 March 2025. Page 18
NORTH EAST WALES MIND LIMITED DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 INCOME AND ENDOWMENTS Donations) grants and eontraet Donations Contract Income income 56,452 383J78 31,305 389,690 439,830 420,995 Other trading activities Counselling Income Training Other income Room hire 30,699 20,432 7,181 1,088 25,617 64,535 5.020 59,400 95,172 Investment income Jnterest received 5,350 Total fineoming resources 502,813 521,517 EXPENDITiIRE Charitable activities Wages Rates and wat Insurance Light and heat Telephon¢ Postage and stationery Sundries Activities and training Training courses Travel & subsistence Website & computers Fees & Subscriptions Offjce maintenance Trdiner fees Therapist fees Other 313a03 1,725 4,779 5260 3,767 2J31 1.052 1,728 4,909 5,418 393.425 1,278 4,715 5,617 7,079 2,543 2.021 3,159 14,202 2.467 13,870 2,737 4,231 23,426 14,408 9,420 13,400 7,266 13,976 9,962 18,291 567,493 2,095 4,675 16J42 11187 ii,oii 11872 8,668 13,733 Accountancy fe¢s Room hire ststTrecruitment Subcontractor fees Cattied fonvard 438,663 This page does not forni part of the ststutory fmancial statements Page 19
NORTH EAST WALES MIND LIMITED DETAILED STATEMENT OF FINANCIAL ACTIvfTIES FOR THE YEAR ENDED31 MARCH 2025 2025 2024 Charitsble activities BrOut fonvard Fixths and fittings Computer equipment 438,663 159 317 567,493 189 600 439,139 568,282 Total resources expended 439,139 568,282 Net in¢ome/(expenditure) 63,674 (46,765) This page does not fomi part of the statutory fmancial statements Page 20