DocuSign Envelope ID: BBA4D3BB-6B94-435F-95BA-B6F5AF04D94B
REGISTERED COMPANY NUMBER: 6771937 (England and Wales) REGISTERED CHARITY NUMBER: 1128082
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
FOR
CAERPHILLY BOROUGH MIND
Baker Knoyle Chartered Accountants Orbit Business Centre Merthyr Tydfil CF48 1DL
DocuSign Envelope ID: BBA4D3BB-6B94-435F-95BA-B6F5AF04D94B
CAERPHILLY BOROUGH MIND
CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 3 |
| Independent Examiner's Report | 4 | ||
| Statement of Financial Activities | 5 | ||
| Balance Sheet | 6 | ||
| Notes to the Financial Statements | 7 | to | 19 |
| Detailed Statement of Financial Activities | 20 | to | 21 |
DocuSign Envelope ID: BBA4D3BB-6B94-435F-95BA-B6F5AF04D94B
CAERPHILLY BOROUGH MIND (REGISTERED NUMBER: 6771937)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2022. The trustees have adopted the provisions of 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 trustee report includes the directors' report as required by company law.
OBJECTIVES AND ACTIVITIES
Objectives and aims
The Object of the charity is to provide guidance and support to individuals who have been affected by mental ill health. The service extends to their families and friends. Through time tabled activities the organisation offers an opportunity for individuals to develop social networks, build confidence and self esteem and learn new skills.
Public Benefit
The Trustees are aware that the Charity has a responsibility under the Charities Act to demonstrate that it has charitable aims that meet the public benefit requirement and are therefore charitable. The Trustees confirm that they have had regard to the Charity Commission's guidance on public benefit and comply with s17 Charities Act 2011 in respect of having due regard to public benefit when considering, planning and implementing the activities of the charity.
Caerphilly Borough Mind helps people take control of their mental health. we do this by providing high quality information and advice, and campaigning to promote and protect good mental health for everyone.
ACHIEVEMENT AND PERFORMANCE
Charitable activities
As we emerge from the restrictions of the Covid-19 pandemic remote working and delivering remote services have become embedded into the functions of the organisation. A blended approach of working from home and in the office has been agreed by all staff as the most effective way of delivering a seamless service whilst managing a good work/home life balance. Staff and volunteers' expertise around the use of IT has increased; they have embraced the use of a variety of platforms including Zoom, Teams, Telephone, Text, Email and Face to face to ensure that the service meets the needs of the client.
Throughout the year we have delivered Tenancy Support, Information and Advice, Counselling, Active Monitoring and our new programme My Whole Life.
Delivery of training was severely affected by the restrictions of the pandemic due to the nature of the delivery of that service. The training team have secured a contract with Public Health Wales to deliver Suicide First aid and Connect 5 training in Caerphilly County for the next year and together with our Finance officer are managing the delivery and payments for this service for all the contracted providers across Gwent.
Building on the success of Active Monitoring, Mind Cymru has continued to secure funding to continue with its delivery. We are now contracted to continue with this service until March 2023.
'My Whole Life', our Lottery funded project began on 1st April 2021 and funding is secured for 3 full years. The service aims to provide an open access service to adults who live in Caerphilly County Borough with the support needed to access the relevant intervention to improve their mental health and well-being. We have made slight alterations to delivery to accommodate a blended approach of face to face and remote appointments and are working in partnership with Growing Space who provide activity opportunities.
Given the disruption the pandemic posed on the organisation, we dealt with the changes well and are now set to build on the skills developed during this extraordinary time. We expected and increased demand for our service and our staff have met the challenge with the enthusiasm, and dedication we have grown to expect from them.
I would like to thank the team for their dedication and the resilience they have shown manoeuvring through this year whilst building a strong foundation for the future.
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CAERPHILLY BOROUGH MIND (REGISTERED NUMBER: 6771937)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022
FINANCIAL REVIEW
Principal funding sources
During this period, the organisation's principal source of funding has been through a variety of grants. These include; Caerphilly County Borough Council, Growing Space, Local and National Mind, Peoples Postcode Lottery and the Millennium Stadium Trust..
All expenditure has supported the organisations key objectives.
Reserves policy
Due to the precarious nature of funding for not for profit organizations, the Trustees have endeavoured to hold 3 months running costs as reserves. In the current year, this target would therefore be £97,749. Actual free reserves are slightly higher than this target being £122,664. Every effort will be made to to secure additional funding in the upcoming year to again increase the levels further.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Caerphilly Borough Mind is a company limited by guarantee with no share capital. The organisation is governed by our Memorandum and Articles of Association (as amended on 2nd February 2016).
Recruitment and appointment of new trustees
Trustee's are elected by the membership at our Annual General Meeting and are permitted to serve for 2 years before needing to stand for re-election.
New Trustees are invited to attend Trustee meetings and are guided through their role by their fellow Trustees. There are also opportunities to attend Mind Cymru events with Trustees from other Local Mind Associations (LMAs).
Organisational structure
Caerphilly Borough Mind is governed by a Board of Trustees who are also the directors of Caerphilly Borough Mind. The board sets the strategic direction of the organisation and guides the Director of Operations (who is also the Company Secretary) to manage the day to day running of the charity. The board works through the Director of Operations to see that all the necessary rules, procedures and personnel are in place to ensure they can successfully implement the strategic plan. The Trustees aim to meet 12 times each year on the second Monday of every month.
Risk management
The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.
The trustees have given consideration to the major risks which the charity is exposed and have satisfied themselves that systems or procedures are established in order to manage those risks (Charities (Accounts and Reports) Regulations 2015).
REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number
6771937 (England and Wales)
Registered Charity number
1128082
Registered office
36 Penallta Road Ystrad Mynach CF82 7AN
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CAERPHILLY BOROUGH MIND (REGISTERED NUMBER: 6771937)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2022
Trustees
Ms E Snailham (resigned 11.12.21) G Smith Treasurer Mrs M A Radford Chairperson Ms P Chapman Vice Chairperson (resigned 18.3.22) Mrs C M Bezzina Y Parfitt (appointed 24.1.22) A Clemens (appointed 18.3.22)
Ms J Lawton - Company Secretary and Director of Operations
Independent Examiner
R.I. Knoyle ACA Baker Knoyle Chartered Accountants Orbit Business Centre Merthyr Tydfil CF48 1DL
Bankers
Lloyds TSB
INDEPENDENT EXAMINER
A resolution to re-appoint the independent examiner, will be proposed at the Annual General Meeting.
Approved by order of the board of trustees on 23 September 2022 and signed on its behalf by:
Mrs M A Radford - Trustee
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INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF CAERPHILLY BOROUGH MIND
Independent examiner's report to the trustees of Caerphilly Borough Mind ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2022.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
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, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 ('the 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 statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a registered member of ACA 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:
-
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 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 the accounts to be reached.
R.I. Knoyle ACA Baker Knoyle Chartered Accountants Orbit Business Centre Merthyr Tydfil CF48 1DL
23 September 2022
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CAERPHILLY BOROUGH MIND
STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2022
| Unrestricted funds Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 5,399 Charitable activities Community Recovery Programme 16,905 Training - Rental income - Other income 18,827 Total 41,131 EXPENDITURE ON Charitable activities 3 Community Recovery Programme 18,726 NET INCOME 22,405 Transfers between funds 15 (462) Net movement in funds 21,943 RECONCILIATION OF FUNDS Total funds brought forward 217,112 TOTAL FUNDS CARRIED FORWARD 239,055 |
Restricted funds £ 383,640 - - - - 383,640 372,269 11,371 462 11,833 38,737 50,570 |
2022 Total funds £ 389,039 16,905 - - 18,827 424,771 390,995 33,776 - 33,776 255,849 289,625 |
2021 Total funds £ 269,916 - 10,950 2,500 15,917 |
|---|---|---|---|
| 299,283 | |||
| 225,958 73,325 - |
|||
| 73,325 182,524 |
|||
| 255,849 |
The notes form part of these financial statements
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CAERPHILLY BOROUGH MIND (REGISTERED NUMBER: 6771937)
BALANCE SHEET
31 MARCH 2022
| Notes FIXED ASSETS Tangible assets 10 CURRENT ASSETS Debtors 11 Cash at bank and in hand CREDITORS Amounts falling due within one year 12 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 15 Unrestricted funds Restricted funds TOTAL FUNDS |
2022 £ 116,391 20,195 227,161 247,356 (74,122) 173,234 289,625 289,625 239,055 50,570 289,625 |
2021 £ 117,929 1,450 162,291 163,741 (25,821) 137,920 255,849 255,849 217,112 38,737 255,849 |
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
-
(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
-
(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each 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 charitable company.
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 23 September 2022 and were signed on its behalf by:
M A Radford - Trustee
The notes form part of these financial statements
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CAERPHILLY BOROUGH MIND
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022
1. ACCOUNTING POLICIES
Organizational status
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
The organisation is a company, registered in England & Wales, limited by guarantee and a registered charity. The directors are the trustees and they form a board of trustees which sets the strategic direction of the charity and monitors the performance of the organisation against its goals. The aims and objectives and rules for governance are set out in the charitable company's Memorandum and Articles of Association.
Financial reporting standard 102 - reduced disclosure exemptions
The charitable company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':
- the requirements of Section 7 Statement of Cash Flows.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
The following specific policies are applied:
Voluntary income received by way of grants, gifts or donation is included in full on receipt unless it is subject to a condition w hen it is treated as deferred income.
Deferred income : Income or grants received in advance are held as deferred income and carried forward to future accounting periods to be released when the defined purposes of the work or project have been completed, approved or cer tified.
Gifts in Kind are included in the income and expenditure account where they are applied in carrying out charitable activities, where the company would otherwise have to purchase the donated facility and the benefit is both quantifiable and material. the quantifiable benefit is shown as both incoming and expended resources within the appropriate funds. Where the gift is an asset it is treated as income and taken to stock or fixed assets as appropriate. The value of services provided by volunteers is not quantified.
Investment income is included when receivable.
Trading income is recognised when earned.
Management fee income is recognised as unrestricted other income when received and in the period to which they relate.
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. Expenditure includes any VAT which cannot be fully recovered.
Costs of generating funds include the costs associated with attracting voluntary income and the costs of trading for fundraising purposes.
continued...
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CAERPHILLY BOROUGH MIND
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022
1. ACCOUNTING POLICIES - continued
Expenditure
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes the costs that can be attributed directly to those activities and those costs of an indirect nature necessary to support them.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost Fixtures and fittings - 20% on cost Computer equipment - 33% on cost
Tangible fixed assets are included in the balance sheet at historic cost less accumulated depreciation. Grant receipts which fund fixed asset acquisitions are taken to restricted funds and the appropriate depreciation charge is made against those funds over the expected useful life of the asset.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds 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 purpose of each fund is included in the notes to the financial statements.
Going concern
As noted on Page 1 of the Trustee Report, given the nature of the organisation, there are always concerns over future funding. However, the organisation is constantly pursuing alternative sources of funds and are confident that these funds will be identified and secured.
Given this, the financial statements have been prepared on a going concern basis.
Leased assets
Fixed assets acquired under finance leases are included in the balance sheet at historic cost less accumulated depreciation. The present value of future rentals is shown as a liability. Interest payable in each period is charged as an expended resource in proportion to the amount outstanding under the lease. Operating lease rentals are charged as expended resources as incurred.
Debtors and creditors receivable/payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price.
Ex-Gratia Termination Payment
Termination benefits are payable when employment is terminated by the Charity before the normal retirement date, or whenever an employee accepts voluntary redundancy in exchange for these benefits. The Charity recognises termination benefits when it is demonstrably committed to either
(i) terminating the employment of current employees according to a detailed formal plan without possibility of withdrawal or (ii) providing termination benefits as a result of an offer made to encourage voluntary redundancy.
Funds Released to Partner Organisations
Where the organisation is a "fund holder", funds are only released to partner organisations when it has been agreed that all project delivery aims have been achieved.
continued...
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CAERPHILLY BOROUGH MIND
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022
2. DONATIONS AND LEGACIES
| 2. | DONATIONS AND LEGACIES | |||
|---|---|---|---|---|
| 2022 | 2021 | |||
| £ | £ | |||
| Donations | 2,305 | 11,680 | ||
| Grants | 386,734 | 258,236 | ||
| 389,039 | 269,916 | |||
| Grants received, included in the above, are as follows: | ||||
| 2022 | 2021 | |||
| £ | £ | |||
| Aneurin Bevan University Health Board | 101,800 | 27,489 | ||
| WCVA | 51,177 | 85,777 | ||
| Caerphilly CBC | 75,657 | 63,145 | ||
| Mind (NAMH) | - | 29,519 | ||
| Caerphilly County Borough Council Covid Rates Grant | - | 23,000 | ||
| HMRC Covid Furlough Grant | 3,093 | 21,806 | ||
| Edward Gostling Foundation | - | 7,500 | ||
| Big Lottery | 155,007 | - | ||
| 386,734 | 258,236 | |||
| 3. | CHARITABLE ACTIVITIES COSTS | |||
| Support | ||||
| Direct | costs (see | |||
| Costs | note 4) | Totals | ||
| £ | £ | £ | ||
| Community Recovery Programme | 377,992 | 13,003 | 390,995 | |
| 4. | SUPPORT COSTS | |||
| Information | ||||
| Management | Finance | technology | ||
| £ | £ | £ | ||
| Community Recovery Programme | 3,927 | 4,520 | 778 | |
| Governance | ||||
| Other | costs | Totals | ||
| £ | £ | £ | ||
| Community Recovery Programme | 402 | 3,376 | 13,003 |
continued...
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CAERPHILLY BOROUGH MIND
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022
5. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
| Depreciation - owned assets Other accountancy services Independent examiners remuneration INDEPENDENT EXAMINERS' REMUNERATION |
2022 £ 1,538 1,076 2,300 |
2022 £ 1,538 1,076 2,300 |
2021 £ 1,538 1,200 2,140 |
2021 £ 1,538 1,200 2,140 |
|---|---|---|---|---|
| 2022 | 2021 | |||
| £ | £ | |||
| Fees payable to the charity's Independent examiners | 2,300 | 2,140 | ||
6. INDEPENDENT EXAMINERS' REMUNERATION
Amounts payable to Independent Examiners in relation to payroll and pension administration services provided to the charity were £1,076 (2021: £1,200).
7. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2022 nor for the year ended 31 March 2021.
Trustees' expenses
The trustee's did not receive any emoluments. Out of pocket expenses were reimbursed of £Nil (2020: £Nil).
8. STAFF COSTS
| Wages and salaries Social security costs Other pension costs |
2022 £ 263,208 17,738 5,400 286,346 |
2021 £ 168,032 11,072 3,749 |
|---|---|---|
| 182,853 |
The average monthly number of employees during the year was as follows:
| Administration & Management Charitable Projects |
2022 2 11 13 |
2021 2 5 |
|---|---|---|
| 7 |
No employees received emoluments in excess of £60,000.
There are no high paid staff.
The key management personnel of the charity comprise the Chief Executive Officer.The total employee benefits of the key personnel of the charity were £51,330 (2021:£50,063).
continued...
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CAERPHILLY BOROUGH MIND
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022
| 9. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted funds £ INCOME AND ENDOWMENTS FROM Donations and legacies 61,985 Charitable activities Training 10,950 Rental income 2,500 Other income 15,917 Total 91,352 EXPENDITURE ON Charitable activities Community Recovery Programme 33,590 NET INCOME 57,762 Transfers between funds (1,371) Net movement in funds 56,391 RECONCILIATION OF FUNDS Total funds brought forward 160,720 TOTAL FUNDS CARRIED FORWARD 217,111 10. TANGIBLE FIXED ASSETS Fixtures Freehold and property fittings £ £ COST At 1 April 2021 and 31 March 2022 133,785 11,392 DEPRECIATION At 1 April 2021 16,056 11,192 Charge for year 1,338 200 At 31 March 2022 17,394 11,392 NET BOOK VALUE At 31 March 2022 116,391 - At 31 March 2021 117,729 200 |
Restricted funds £ 207,931 - - - 207,931 192,368 15,563 1,371 16,934 21,804 38,738 Computer equipment £ 7,250 7,250 - 7,250 - - |
Total funds £ 269,916 10,950 2,500 15,917 299,283 225,958 73,325 - 73,325 182,524 255,849 Totals £ 152,427 34,498 1,538 36,036 116,391 117,929 |
Total funds £ 269,916 10,950 2,500 15,917 |
|---|---|---|---|
| 299,283 | |||
| 225,958 73,325 - |
|||
| 73,325 182,524 |
|||
| 255,849 |
continued...
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CAERPHILLY BOROUGH MIND
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022
11. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Other debtors Prepayments and accrued income CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Trade creditors Social security and other taxes Other creditors Pension Creditor |
2022 £ 19,915 280 20,195 2022 £ 19 - 72,810 1,293 74,122 |
2021 £ 70 1,380 |
|---|---|---|
| 1,450 | ||
| 2021 £ 44 4,218 20,754 805 |
||
| 25,821 |
12. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Deferred Income
Deferred income represents income received from contributing agencies where the contribution was restricted to a fixed time period project which extends beyond the current financial year. Income is deferred on the basis that the contribution was to the project as a whole, the time period of the project was fully disclosed to the contributing agencies and that time period is certain.
| The deferred income carried forward is analysed as follows: | 2022 | 2021 |
|---|---|---|
| £ | £ | |
| Opening balance | - | 8,946 |
| Movement in the year | 69,710 | (8,946) |
| Deferred income carried forward | 69,710 | - |
| Deferred income analysed by project: | 2022 | 2021 |
| £ | £ | |
| Restricted - BID 4 Suicide First Aid Training | 67,790 | - |
| Restricted - ABHB Training | 1,920 | - |
| 69,710 | - | |
13. LEASING AGREEMENTS
Minimum lease payments under non-cancellable operating leases fall due as follows:
| 2022 | 2021 | ||
|---|---|---|---|
| £ | £ | ||
| Within one year | - | 792 |
continued...
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CAERPHILLY BOROUGH MIND
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022
14. ANALYSIS OF NET ASSETS BETWEEN FUNDS
| Unrestricted | Restricted | 2022Total | 2021Total | |
|---|---|---|---|---|
| Funds | Funds | Funds | Funds | |
| £ | £ | £ | £ | |
| Fixed Assets | 116,391 | - | 116,391 | 117,929 |
| Net Current Assets | 122,664 | 50,570 | 173,234 | 137,920 |
| 239,055 | 50,570 | 289,625 | 255,849 | |
15. MOVEMENT IN FUNDS
| Unrestricted funds General fund Designated Fund Restricted funds Big Lottery (My Whole Life) WCVA Active Monitoring WCVA Aneurin Bevan University Health Board (Counselling) Supporting People Project My Generation Millennium Stadium Trust Home Sustainment Trust Mind Growth Fund BID 4 Suicide First Aid Training TOTAL FUNDS |
At 1/4/21 £ 99,183 117,929 217,112 (51) - 6,896 - 17,828 4,481 7,500 446 1,637 - 38,737 255,849 |
Net movement in funds £ 22,405 - 22,405 2,056 (488) (1,294) 26 6,367 (4,481) (7,500) - - 16,685 11,371 33,776 |
Transfers between funds £ 1,076 (1,538) (462) - 488 - (26) - - - - - - 462 - |
At 31/3/22 £ 122,664 116,391 |
|---|---|---|---|---|
| 239,055 2,005 - 5,602 - 24,195 - - 446 1,637 16,685 |
||||
| 50,570 | ||||
| 289,625 |
continued...
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CAERPHILLY BOROUGH MIND
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022
15. MOVEMENT IN FUNDS - continued
Net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Big Lottery (My Whole Life) WCVA Active Monitoring WCVA Aneurin Bevan University Health Board (Counselling) Supporting People Project My Generation Millennium Stadium Trust BID 4 Suicide First Aid Training TOTAL FUNDS |
Incoming resources £ 41,131 155,007 - 51,177 45,000 75,656 - - 56,800 383,640 424,771 |
Resources Movement expended in funds £ £ (18,726) 22,405 (152,951) 2,056 (488) (488) (52,471) (1,294) (44,974) 26 (69,289) 6,367 (4,481) (4,481) (7,500) (7,500) (40,115) 16,685 (372,269) 11,371 (390,995) 33,776 |
|---|---|---|
Comparatives for movement in funds
| Unrestricted funds General fund Designated Fund Restricted funds Big Lottery (My Whole Life) WCVA Active Monitoring WCVA Aneurin Bevan University Health Board (Counselling) Supporting People Project My Generation Inside Out Cymru Millennium Stadium Trust Home Sustainment Trust Mind Growth Fund Edward Gostling Foundation Covid Mental Health Recovery Fund TOTAL FUNDS |
At 1/4/20 £ 41,253 119,467 160,720 - - - - 8,980 4,729 95 7,500 500 - - - 21,804 182,524 |
Net movement in funds £ 57,763 - 57,763 (51) (1,318) 6,896 (111) 8,848 (248) - - (54) 1,637 (38) 1 15,562 73,325 |
Transfers between funds £ 167 (1,538) (1,371) - 1,318 - 111 - - (95) - - - 38 (1) 1,371 - |
At 31/3/21 £ 99,183 117,929 217,112 (51) - 6,896 - 17,828 4,481 - 7,500 446 1,637 - - 38,737 255,849 |
|---|---|---|---|---|
continued...
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DocuSign Envelope ID: BBA4D3BB-6B94-435F-95BA-B6F5AF04D94B
CAERPHILLY BOROUGH MIND
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022
15. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Big Lottery (My Whole Life) WCVA Aneurin Bevan University Health Board (I.A.A) Active Monitoring WCVA Aneurin Bevan University Health Board (Counselling) Supporting People Project My Generation Home Sustainment Trust Mind Growth Fund Edward Gostling Foundation Covid Mental Health Recovery Fund TOTAL FUNDS |
Incoming resources £ 91,352 - 46,500 5,961 39,277 21,528 63,145 1 - 8,946 7,500 15,073 207,931 299,283 |
Resources Movement expended in funds £ £ (33,589) 57,763 (51) (51) (47,818) (1,318) (5,961) - (32,381) 6,896 (21,639) (111) (54,297) 8,848 (249) (248) (54) (54) (7,309) 1,637 (7,538) (38) (15,072) 1 (192,369) 15,562 (225,958) 73,325 |
|---|---|---|
Page 15
continued...
DocuSign Envelope ID: BBA4D3BB-6B94-435F-95BA-B6F5AF04D94B
CAERPHILLY BOROUGH MIND
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022
15. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Designated Fund Restricted funds Big Lottery (My Whole Life) WCVA Active Monitoring WCVA Aneurin Bevan University Health Board (Counselling) Supporting People Project My Generation Inside Out Cymru Millennium Stadium Trust Home Sustainment Trust Mind Growth Fund Edward Gostling Foundation Covid Mental Health Recovery Fund BID 4 Suicide First Aid Training TOTAL FUNDS |
At 1/4/20 £ 41,253 119,467 160,720 - - - - 8,980 4,729 95 7,500 500 - - - - 21,804 182,524 |
Net movement in funds £ 80,168 - 80,168 2,005 (1,806) 5,602 (85) 15,215 (4,729) - (7,500) (54) 1,637 (38) 1 16,685 26,933 107,101 |
Transfers between funds £ 1,243 (3,076) (1,833) - 1,806 - 85 - - (95) - - - 38 (1) - 1,833 - |
At 31/3/22 £ 122,664 116,391 |
|---|---|---|---|---|
| 239,055 2,005 - 5,602 - 24,195 - - - 446 1,637 - - 16,685 |
||||
| 50,570 | ||||
| 289,625 |
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continued...
DocuSign Envelope ID: BBA4D3BB-6B94-435F-95BA-B6F5AF04D94B
CAERPHILLY BOROUGH MIND
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022
15. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Unrestricted funds General fund Restricted funds Big Lottery (My Whole Life) WCVA Aneurin Bevan University Health Board (I.A.A) Active Monitoring WCVA Aneurin Bevan University Health Board (Counselling) Supporting People Project My Generation Millennium Stadium Trust Home Sustainment Trust Mind Growth Fund Edward Gostling Foundation Covid Mental Health Recovery Fund BID 4 Suicide First Aid Training TOTAL FUNDS Funds |
Incoming resources £ 132,483 155,007 46,500 5,961 90,454 66,528 138,801 1 - - 8,946 7,500 15,073 56,800 591,571 724,054 |
Resources Movement expended in funds £ £ (52,315) 80,168 (153,002) 2,005 (48,306) (1,806) (5,961) - (84,852) 5,602 (66,613) (85) (123,586) 15,215 (4,730) (4,729) (7,500) (7,500) (54) (54) (7,309) 1,637 (7,538) (38) (15,072) 1 (40,115) 16,685 (564,638) 26,933 (616,953) 107,101 |
|---|---|---|
Restricted funds
Restricted funds represent balances held to fund future projects where the resources have been received and are required by the donors to fund a specific project.
Transfers between funds
Transfers between funds arise where unrestricted funds have been used to fund shortfalls in restricted projects. The free reserves are available to provide funds to cashflow projects funded on a retrospective basis and are available with the approval of the trustees to fund any expenditure on projects or expenses which fall within the organisations general aims and objectives. They are accumulated in accordance with the reserve policy as stated in the Trustee Report.
During the year, the trustees decided that previously held designated unrestricted funds were no longer needed to be identified separately and so a transfer was made to release those funds back to General Reserves.
Designated funds
Designated funds represent the amounts set aside to write down the remaining net book value of fixed assets held against unrestricted funds.
Activities undertaken within each major restricted fund
The restricted funds of the charity have been applied during the year or are held for future expenditure in the following area:
Supporting People
continued...
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DocuSign Envelope ID: BBA4D3BB-6B94-435F-95BA-B6F5AF04D94B
CAERPHILLY BOROUGH MIND
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022
15. MOVEMENT IN FUNDS - continued
Funds - continued
The CCBC Supporting People Programme has the primary aim to deliver housing related support to people with low level mental health issues.
Millennium Stadium Trust
To provide information on suicide prevention, improve access to talking treatments for individuals affected by suicide and promotion on social media.
Home Sustainment Trust
This small fund is provided to enable staff to purchase needed items for individuals when setting up their first tenancy.
Mind Growth Fund
This funding is for a range of development initiatives that will enable the organisation to develop a long term plan for growing diversified funding streams making us less reliant on funding on the local Health Board whilst increasing on beneficiary reach.
WCVA
This funding had a huge impact on our organisation. It ensured core funds were secured which meant that we had the opportunity to develop alternative services to ensure the individuals contacting us were able to receive the support they needed during this challenging time. It has also given us the opportunity to develop alternative and new services for a post lockdown environment such as delivering a remote service.
Active Monitoring WCVA
In partnership with Mind Cymru and Local Minds in Wales Active Monitoring provides one to one telephone support to individuals to help address mild to moderate mental well-being issues. Each participant receives 7 weekly telephone appointments.
Big Lottery (My Whole Life)
This 3 year project offers individuals who live in Caerphilly Borough a holistic approach to their mental health. The project includes intervention with a well-being worker, counselling, activities and support to access external interventions.
Aneurin Bevan University Health Board (Counselling)
Caerphilly Borough Mind is commissioned by ABUHB to deliver counselling to individuals identified by the Primary Care Mental Health Team as being suitable for this intervention. The organisation employs 1 full time qualified counsellor and engages with placement counsellors who are students who need 100 hours practice to achieve their qualifications.
BID 4 Suicide First Aid Training
Caerphilly Borough Mind has been commissioned by Public Health Wales to deliver 22 SFA Lite and 22 SFA USI courses within Caerphilly Borough and manage the finances and delivery of further courses delivered by other providers across Gwent. All SFA Tutors liaise with our trainer who will manage the project and monitor delivery - this includes the submission of invoices to our finance department for payment. She also manages a tutor's network for support and sharing experience/advice.
continued...
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DocuSign Envelope ID: BBA4D3BB-6B94-435F-95BA-B6F5AF04D94B
CAERPHILLY BOROUGH MIND
NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2022
16. RELATED PARTY DISCLOSURES
The Company Secretary and Director of Operation's step daughter is employed by the charity. She was paid at rates commensurate with her position and in line with other members of staff. The appointment process was open and at arms length and the Trustees were fully informed of the relationship before the appointment.
17. ULTIMATE CONTROLLING PARTY
The ultimate controlling party is the Board of Trustees.
18. GIFTS IN KIND
Volunteer time
The value of volunteer time is not quantified in terms of money but the time contributed by volunteers is an invaluable resource in terms of the outstanding contribution made by them. The number of hours contributed by volunteers in the year was 665 (2021: 420).
19. ANALYSIS OF DESIGNATED FUNDS
Designated funds represents the amounts set aside to write down the remaining net book value of fixed assets held against unrestricted funds.
| 2022 | 2021 | |
|---|---|---|
| £ | £ | |
| Unamortised fixed assets | 116,391 | 117,929 |
| Designated funds | 116,391 | 117,929 |
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DocuSign Envelope ID: BBA4D3BB-6B94-435F-95BA-B6F5AF04D94B
CAERPHILLY BOROUGH MIND
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022
| INCOME AND ENDOWMENTS Donations and legacies Donations Grants Charitable activities Community Recovery Programme Other income Management fees Other income Total incoming resources EXPENDITURE Charitable activities Wages Social security Pensions Other costs Support costs Management Wages Finance Wages Freehold property Information technology Computer consumables Other Overheads Governance costs Independent examiners remuneration Payroll & pension administration |
2022 £ 2,305 386,734 389,039 16,905 18,347 480 18,827 424,771 256,099 17,738 5,400 98,755 377,992 3,927 3,182 1,338 4,520 778 402 2,300 1,076 3,376 |
2021 £ 11,680 258,236 |
|---|---|---|
| 269,916 13,450 15,917 - |
||
| 15,917 | ||
| 299,283 157,834 11,072 3,749 33,814 |
||
| 206,469 8,242 1,956 1,338 |
||
| 3,294 4,273 340 2,140 1,200 |
||
| 3,340 |
This page does not form part of the statutory financial statements
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DocuSign Envelope ID: BBA4D3BB-6B94-435F-95BA-B6F5AF04D94B
CAERPHILLY BOROUGH MIND
DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022
| DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2022 |
||
|---|---|---|
| Total resources expended Net income |
2022 £ 390,995 33,776 |
2021 £ |
| 225,958 | ||
| 73,325 |
This page does not form part of the statutory financial statements
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