Healthy Minds CALDERDALE WELLBEING Company Limited by Guarantee FINANCIAL STATEMENTS 31 MARCH 2025 Company registration number: 06828871 Cbarity re￿tion number: 1132316 Streets. CALDERDALE WELLBEING COMPANY LIMITED BY GUARAIYTEE FINANCIAL STATEMENTS YEèlR ENDED 31 MARCH 2025 PAGE TnL*ees' aThiual report (incorpordting the directovs r￿￿rt) tDdepelldent examinees repirt to the tllLSt￿S 16 Statement of fmancial activiti&8 (incIudiug income and expendikn account) 17 Statement of fmancial position 18 Statement of cash flows 19 Notes to the fllwicial statements 20 CALDERDALE WELLBEING COMPANY LIMITED BY GUARANTEE TRUSTEES, ANNUAL REPORT (INCORPORATING THE DIRECTOR'S REPORT) TAR ENDED 31 MARCH 2025 The trustees, who are also the diTector5 for th¢ pury)oses of ci)mpany law, p￿S¢￿t th¢ir report and the - Iwaudited financial statements of th¢ charity for the year ended 31 March 2025. REFERENCE AND ADMINISTIUTNE DETAtts Reglstered cbArity name Caldeidale Wellbeing Charity registration number 1132316 Company registration number 06828871 Prln¢lpa otri¢e and registered l King Street office Halifax HXI ISR Tbe trustees Paul Hunt Jonathall Mo￿ls￿ Lydia Blundell Carla Harrison Naomi Sutcliffe Lymiette C&ssxdy Emily Dunk cla2￿ Gil)50n Agnieszka Stobbart Rebecu Butler (Resigned 24 September 2025) (Resigned 14 May 2025) {Appointed 22 May 2024) (Appointed 22 May 2024) (Appointed 24 September 2025) Independent examADer Streets Spenser Wilson (Yorkshir¢) Limitcd Equitable Ho￿e 55 Pellon IAll¢ Halifax West Yorksbire HXI 5SP CAIJ)ERDALE WELLBEING COMPANY LIMfrED BY GUARANTEE TRUSTEES, AIYNUAL REPORT ONCORPORATING TH￿ DIRECTOR'S REPORD YEARENDED 31 MARCH 2025 STRUCTURE, GOVERNANCE ATrID mANAGEfv￿NT The Ch￿]ty 15 a ¢ompally lijnited by 8uaTantcc and Wds fO￿¢d on 24 Fcbrnary 21)09, It is governed by a 01¢m￿anduM and aTticle5 of &5sociation wbith were adopted on 24 February 2009 and amended by special r¢solution on 30 July 2009. Method of recrultment appoin¢meDt of trnstees The trtlstees of the ¢h8rity are also the directors for the purpose of company law and appDilJted by the members at thc AGM. Trustees. wbo ar¢ atso tbc Directors of the Charity, are appointed on the b&sis of th¢ir p￿sonal skillslexperience and their corllrnitment to the chatity. The DirectOTS May appoint & person who 15 wlling to act to be aDirector. Ttustees must be over 18 ye￿3 old and not d]squalified from acting as a TTuslee under the Clwities Act2011. At any one time tILeTe should b¢ a minimum of thTce Trustees, but no nwximum. At the date of this report, there ￿ ten T[￿s(ce& One-third, or the nuthci nearcst to one-thirt of Directors must retit¢ from offic¢ at cach Allllual General Meeting. DiTectopJ required to retire by n)tation are those who haNe been long¢st in office since their last appointrnenL Directr)rs may be recollLUkended foi ￿-appointMent at any general meeting. Trustee training Following their electio￿ TnJstc¢s m¢¢t with the ChaiT and are familiarised with ￿Ievallt Clwity Con]rnission and Companies House guidance for TnL8tees l Dlrectors. Th¢ Chair, other Tll￿tees and S¢Dior management llj tbe charitable compony will pro￿de further Buidance as is necessary. Organisation strncture. The Board of T￿￿teeS for Calderdale Wcllbeing is r¢sponsil)le for the delivery of tbe Ch￿ily'S objects, for its finances, stratsgic direction and p)licie& Th¢ senior nI￿agement atten￿ but are not mernb¢rs of, the Board The Board has estsbiished two sub-committees - a Finance Sub-committee and a Development Sub-¢oDJmittee - who consider flljance matters and key development issues in greater detaÉl than is possil)le at a fijll Board meetÉllE. All Ttuste&s are memb¢TS of one or other Sub-committee; the Cl]air of the B(wd attends, but does not cl)air, the Subach to establish Conllnunity-gen￿at￿ peer support activities. We will launch this approach as a pilot from Apnl 2025, also inco￿Orating Roshani as dcscrib¢d below. 'Peer support is my main reasonfor coming. Il's nice to seepeople 17ndconnecl." "Because of what h¢LY happened io m< Ifeel likepeople don'l accept me, but in Healthy M2nds groi¢ps Ifeel likepeople accept and wthstandm&" "I come lo the allotment lo be around otherpeople and ihey're all really nic&. "Jtre been able to connect and make friends. lfve been able lo speak aknut my feelings. which I'd botrledujpfor so long. Ifeel relieved aiidable toforgef my issues.. The amazing volunteer befriending teaJN all of whom have personal experience of mental thstress, offer telephone l-l support to isolated individuals facing ment21 health difficuLties and loneliness throughout Calderdale. They hav¢ supported 15 people this year. Some comm¢nts from befriendees (i.¢. pcoplc supported) include: "My weekly befriender call helps me lo stay molivoled and gives me a sexse ofpurpo$e during th'e difficult days" '] enjoy ihe calls. as it's someone Independe￿ ¢7nd ihere LY no judgement. I can t talk io irtyfamlly tLf Ihey don't undersldnd." "My Befrjender lets me (alk It out. he really helped me movefornard Mth everyfhin& it really good to have him as my befriender. Iam IOOO/o bettep offnow than before. thankyoulff An(L from one of the volunleer befrienders: "Jmfindxng volunteering a Befriender incredibtyfvlfilling andfeel it h promoting and sustaining peer support. addressirg mental health inequalities and action to promote positive mental I￿1th awareness, ittcluding holding a publtc event at Halifax Woolshops shopping precinct for Mental Health Awareness Week in May. We held an event - Light Up for Hope - at Dean Clough for World Suicide Prevention Day in September to commetnoiate Ihe 250 people lost to suicide in West Yorkshire last year. This ￿￿S a powerfvl and moving tributs that also highlightcd the urgent need for action in Calderdale. which has among the highest suicide rates io th¢ county. As part of this work, we have been coinn)issioned by Calderdaie Public Health to set up and facilitstc a Suicide Prevention NetworL which launched in June to gather experiences from people affected by suicide. iucludiDg frontline workers, to meatiingfully inform Cald¢rdalc's suictd¢ prcvention strategy. Healthy Minds is among tbe inaugurnl rnembers of a new Calderdale Mental Health Alliance. bringing organisations together to drive strategic actions across the borough. The Alliancc launched in January 2025 and is a welcome boost to collaborative working to improve Calderdale's mental health. The new MP for Halif￿ Kate l)eardeffj referenced Healthy Min(ts in ]w Maiden Speech and has engaged with us to hear the issues that we, and the people we suppor4 face. Sh¢ sought answers from relevant departnwits on how welfare rcforn￿ may impact peopl¢ affected by poor mental h¢att and promoted cngdgement with Ib¢ govenynent's Civil Society Covenant to strengthen l￿W th¢ voluntary sectorfs iole in society is valu￿. Hcalthy MiDds ha5 becoulc a prominent and influential Org￿lSatIOn. and it 15 WOrtIL remembering that it all started all i(ka t1￿ more could be donc to improve rnental health in Cala￿da1¢. We 5&id goodbye thi5 year to one of our founders. Jenny Fa￿, who ha5 Stepped dowll for a w¢ll-earn¢d r¢st after having been a Tr￿ since the vcry beginnin& and Chair for Ibe first 10 years. None of the things we have acEkieved an organisation would have been pO￿lbIe without Jen's itw)iratio wisdom, detetmination and lu￿We[VIng support. On behalf of evcryonc who has been involved with Healthy Minds over the years, in whatever way, thank yow Jen - you have mad¢ a diff¢￿nCe to all our lives, and we Ivill carry on what you started. 12 CALDERDALE WELLBEING COMPANYLIMITED BY GUARAiYfEE TRUSTEESI ANNUAL REPORT (ThCORPORATING T&E DIRECTOR'S REPORT) YEARENDED 31 MARCH 2025 F￿ANc￿L RE￿Ew This was a year of transitton, with some services reaching the cnd of their contracts or furtding, and periods of ￿￿ertaInty as we awaited de¢isioDS on r¢coM￿￿10n1tig. The n¢t deficit for the year after transfers was £295214 {2023 - surplus - £124,215) including net deficit of £13,716 (2024 - surplus £18,166 on untestricted fimds and net d¢ficit of £281,498 (2024 - surplus £106.049) on T¢stri¢ted fLmds. As described above. in relation to SafesFace and Time OUL ¢Yen when those decisions catne and longer-temi contracts were c0nfirn1e￿ these ltsd trj be weighed up against incre&siog delivery costs to ensure that service$ could operate within the funding awarded for the length of their Contract. In December, Healthy Minds Board of Tntstees set principles for financial mAnagement to mitigate risk and uncertainty in the short and long terms: these included & standard core cost allocation of 15Q/o froD) all fLmding awards and a prillciple that we would no longer subsidise public sector contracts where the value was l¢ss than the cost of delivery. Research by Kintys Fund I Sayer Vincwt found that the voluntary sector natAonally subsidise5 public sector contracts by an average of 35/0 of the contract value. IVhi]st public sector contracts are a welcome and In￿ortallt iacome source, and reflect growing trust in the voluntary sector as providers. it is not sustainable for orgaDisation8 to d¢pl¢t¢ reserves in m¢eting expectstions. instead. we need to renegotiate exp¢¢tations to what can be achi¢Yed with the rcsourc¢s allo¢at¢(L The funding landsc4)e beyond public 3￿tOr contracts retuain5 bigbly competitive and unpttdictable, with funders reporting that demand Far outstrips what tbey call offer. This means that ￿ell strong applications aT¢ rejec￿d. and several fundcr5, including Ihe National Lott¢ry, have closed to new applications as they are reviewing their granttnaking strategies. The double-whammy of ll￿re competition for fewer fi￿dIng opportunities has had an impact- and we have felt that this year. Going into the 20254 financial year, we b2ve a good deal morc cettsiDty. with ¢ontsacts for some setvices extended to 2027 and into 2028. Tbe service reviews. Changes and innovations that wc have set in motion put us on a more stable footing for the coming year. Reserves pohcy Healthy Minds TThste¢s cAercise their power to bold income in reserves, in ￿￿)rdance with our constitutiofy wbi¢h state5: The Charity h&$ the following powers in onler to fi]rther the Objects ... To set 8sid¢ Income a5 a reserve against futhrc expcndilure bth ODly in accordanc¢ with a writt¢n poii¢y about ￿serVeS 4(1)(k) aud in line with Charities CoullDi&sion guidance CC19(5.2): Some charities have a power to bold reserves in their governing document - all otbers Can rely on powers implicit in the law. Tnjstees can use these powexs where they ate satisfied that to do so is in the best interests of tlle clMTity: their charitgs reserves poli￿ should reflect theirre&8ontng. Our policy is that, wh¢Te possibl¢, project budgets will include a proportionat¢ contiibution to reserves. this is stafed in budgets submittcd in funding application and in subs¢queut reports lo fimders. When the pury)ose for which grants received ljas been diseharged. any snMII 1¢91th￿l balances 13 CALDERDALE WELLBEING COMPAIYY LIMKTED BY GUARANTEE TRUSTEESI ANNUAL REPORT (INCORPORATING THE DIRECTOR'S REPORT) TrTAR ENDED 31 MARCH 2025 may be transfeTred i￿0 res¢tv¢s, witb fmders. agreement (implicit or exp]i¢it) as grants are fina]ised or siglled-off on acceptance of a final grant Teport, wbich includes a detail￿ breakdown of expenditure 8howtng th¢ contributiOD to IGserves. ree, reserves are held to niitigate risks against loss of or unfor¢se£n adverse events which collld mean we need extra flexibillty temporarily or longer-t¢r￿ to meet increased demand for services andlor rcdeploy staff: they might also be u6¢d for cash-flow ill the event tbat w¢ to rcceiv¢d funds but there is a shortfall between existillB and imminent resources. Designated reserves ate held againsl reasonably anticipatcd risks in the forthcoming year such as service closure and the liabilitiw arising from that; or, in respect of a l¢gaGy> to ￿lfil covcnants or cxpcctations attached to th¢ l¢gacy. Once a year the Board will consider the level of reserves that is ptudeot for lh¢ organisation to hold. Consideration wijl b¢ givell to rcdundancy liabilities. leese agreements, cash flow requirements. significant factors and key risks that 5bould be taken into account rfthe organisation w¢re to close. this will be T¢￿eWed annually before the AGM, and agrecd as part of the budget setting for the next financial year. We calculate that the minimum level of rcservcs that we need to hoLd is £70,000. The trustees have placed an upper limit on the reserves to be held at 3 months of hture budg¢ted expenditure. this is in the region of £246,000 The clthrity's actual fre¢ r¢seTV¢S at th¢ Y￿ ¢nd were £136.678. Funds held as agents on behalf of otbers Grant income was received from BeaTdeTs ch￿itable trust for people to start their busiDesses and get back into work Calderdale Wellbeing act an agent in relation to these fi￿dS and thctefore thc income and expenditure is excluded from the accounts. Note 13 piovided further infotmation i relation to these funds. PLANS FOR FtrruRE PERIODS From April 2025, we iMple￿ellted the sttvice changes outlined above: Safe$￿e now has ¢onsist¢Dt opening hours evcry day of the weck with incteas¢d awlability for fa¢e-Io-face appoiDtments' RoSha￿l is now an element of the Like Minds Jxer support service, with a 6-month pilot agr¢¢d to trallsition to the new model, Time Out has been extended into 2025 to allow for fi￿ber discussion on the long-ternj conunissionin8 of the Open Minds Partnership, vthich will secure provision up to 2027. April atso s¢es tbe fonnal launch of our revkved membership model. In many ways, the start of the 2025 financial year is a new cbaptar in Hea]thy Minds, history. 2025 also rnaTks the end of our ¢umt strategy aod 16 years since Healthy Minds launched its first services. Much Iw changed in society in that tlme: there is much more open discussion and awar¢n¢ss about m¢ntal health now tEL8n when we starte4 And the question arises about bow we respond to per¢eivcd mental health needs nowadays. the fill￿1￿8 lalldscape Ilas a]so ¢hanged dra￿￿tiCallY. creating a challenge in sustainably meeting the needs of the ¢ommunities we serv Otw new five-year strategy will recognise what ha5 ¢haDge¢L what we have achieved so far, aud how we intend to continue working towards our vision of better mentsl healtb for everyone in Calderdale. STrIALL COMPANY PROVISIONS 14 CALDERDALE WELLBEING COMPANY LIMITED BY GUARAwfEE TRUSTEESI AI¥INUAL REPORT (INCORPORATING THE DIRECTORIS REPORT) YEAR ENDED 31 MARCH 2025 Tliis report has been p￿Pared in a￿Oida￿ with the provisions applicable to companies entitled to the small oompanies exemption. The truste¢s' annual ￿j￿trrt was approved on 19 November 2025 and siglled on behalf of the board of trustees by-. PAUL HLfNT TTUStee 15 CALDERDALE WELLBEING COMPAI¥Y LIMITED BY GUARAiYfEE INDE.PENDEIYT EXAMINER'S REPORT TO THE TRUSTEES OF CALDERDALE WELLBE]NG YEARENDED 31 MARCH 2025 l ieport to tbe tntstecs on my exatninthon of the financial stat¢m¢nts of Calderdale Wellbeing Cthe charity) for the year ended 31 March 2025. RESPONSIBILrrIES AND BASIS OF REPORT As the trnste¢s of th¢ company (and also its dI￿¢t￿5 for the pu￿ose5 of company law) you are responsil)le for the preparation of the financia] statements in acGordan¢e with the requiiemellts of the Companies Act 2006 Cthe 2006 Act.). Having satisfied myself tbat the accouijts of the company 2re 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 accounts as Ca￿led out under section 145 of the Charities Act 201 J ('the 201 l Act,). In carrying out my examination I have followed the Directions givcn by ib¢ Charity Conyllission under s¢ction 145(5)(b) of the 2011 Act. INDEPENDENf ExAM￿R's STATEMENT Ib Since the charity's gross iDcom¢ exceeded £250.000 YOUT cxaminer must be a member of a body 1È5ted in Section 145 of the 2011 Act. I confirni that l am qu21ified to undertake the examinth'on because I am a member of thc Institute of Chartered Accountants in England aud Wales UCAEW), which is one of the listed bodies. I have completed my exaJniDation. J collfi￿ that no matters bave come to my attention in corjnection with tbe e￿￿mi￿tIOn giving mc Cause to believe." accounting records were not kept in respect of the chaTity as required by section 386 of the 2006 Act; or the finaocial statements do not accord with those Tecords: or the financial ststements do not comply with the accounting requircments of section 396 of the 2006 Act other tIMD any requirement that the accounts give a 'true and fair, vicw which is not a matter ¢onsidered as part of an independent examination: or the financial statements bave not been prepared in accordance with the method$ and principles of the Statement of Reconirnended Practice for accounting and reporting by cbarities applicable to charkties preparing their accounts in accordance wtth tbe Financial Rcporting Standard applicable in the UK and Republic of IrelaDd (FRS 102). I have no concerns and have come across no other matters in conn￿￿0￿ with the examination to which attention should be drawn in this re￿rt in order to ¢llabl¢ a proper understanding of the accounts to be rea¢hed. EA SHORT FCA Independent Examiner Equitable House 55 Pellon Lane Hallfax West Yorkshi HXI SSP 16- CALDERDALE WELLBEING COMPANY LIMITED BY GUARANTEE STATEMENT OF FINANCIAL ACTIVRTIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT) YEAR ENDED 31 MARCH 2025 2025 Restrict¢d fimds Totsl funds Total fijnds 2024 Unrestn'ct¢d Note Income and endoivments DonatioLs and legacies Charitsblc activities InvestmeDt income 19.105 5,157 14,890 39.152 l24,138 676.575 143,243 681.732 14,890 839,865 104,775 1.082,167 14,144 1.201,086 Totsl in¢ome 800,713 ExpeDditure Exp¢nditure on raising fi]nds: Costs of Trising donation5 and legacies Expenditt￿e on charitable activities Total expenditure 2.310 51.735 54.045 2,J77 1,078.857 1,081,034 4,487 1,130.592 1.135.079 2,808 1.074,063 1.076,871 9,10 Net (expenditure)lincome (14.893) {280,321) (295.214) 124,215 Transfers between funds 1,177 {1,177) Net movement in funds (L3.710 (281,498) (295.214) 124,215 Reconcl]iation of funds Total funds brought forwar(I Tot21 funds earrled fonvard 150.394 508,387 658,781 363,567 534,567 658,781 136,678 226,889 The ststement of financial acttviti&8 includes all gains and10&4cs recognised in the year. AIL income aod expellditure derive from continuing aciivities. The notes on pages 20 to 34 form part of these financial stAtem¢ut$. 17 CALDERDALE WELLBEIIYG COMPANY LIMITED BY GUARANTEE STATEMENT OF FINANCIAL POSITION 31 MARCH 2025 2025 2024 Note CURR￿ ASSETS Debtors Cash at batsk and in hand 18 6,347 4￿5,888 412.235 10,725 754,853 765,578 CREDJTORS: amounts falling due iyithin Dne year NET CURRENT ASSETS 19 48,667 J 06,796 363.568 658,782 TOTALASSETS LESS CURRENT LIAB]LITtEs 363,568 658,782 658,782 NET ASSETS 363,568 Fuf4DS OF THE CHARITY Restrictsd funds Unrestricted funds 226,889 136,679 363.568 508,387 150,394 658,781 Tot81 charity funds For the year ending 3 l March 2025 the charity was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Dire¢tors' respoDsibilities: The membcrs bave not required tbe compauy to obtain an audit of ils financial statements for the year in question in accordanc¢ with Section 476. Th¢ directors acknowledge their reSpo￿81b11itieS for complyiog witb the requiremellts of th¢ Act with respect to accounting reconb and ihe preparatlon of f￿￿claI statem¢nts. These financial ststements have been prepared in accordance with the provisioDS app]icable to companies subject to the small compawes, regime. These finan¢ial statements were apprnvcd by the board of tn￿lee$ and authorised for issue on 19 November 2025, and aff signed on belolf ofthe board by. i (IL¥ PAUL UUNT Trustee The notes ou pages 20 to 34 form part of Ihese statements. 18 CALDERDALE WELLBEING COMPèlNY LIKtTED BY GUARANTEE STATEllffE4T OF CASH FLOWS YEAR ENDED 31 MARCH 2025 2025 2024 CASH FLOWS FROM OPERATING ACTIVITIES Net (eKpenditure)lincome (295,214) 124,215 Adjuslmentsfor." Government granr income oth￿ inteiest receivable and similar Ill￿¢ Interest payable aud similar charges Accru¢d ￿penseS1(]nC0Mej (42285) (14,890) (14,144) 1269 767 1.601 (3,481) Changes In." TTade and other debtors Trade and other creditor3 2,136 (57,488) {362,586) 2,015 35.767 102,854 Casb generdted froD] operatioThs Inlercst paid Interest received (1269) 14.890 (348,965) (767) 14,144 N¢t cash (used inyfrom opcrating activities 116,231 CASH FLOWS FROM Fll¥AN￿G AcfiviTIES Government Brant incon)e N¢t cash from finaDcing activities 42,285 42.285 NET IDECRLISE)tINCREASE IN CASH AIW CASH EQUIVALENTS CASH AND CASU EQIIIVALENTS ATBEGINNING OF YEAR CASH AM) CASHEQUXVALENTS AT END OF YEAR (348,965) 754.853 405,888 158,516 596.337 754,853 The notes on pagos 20 to 34 forni part of these Illlantlal statements. 19 CALDERDALE WELLBEllYG COMPANY LIMrrED BY GUARANTEE NOTES TO TItE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025 GENEIiAL INFORMATIO The charity is & public benefit entity and a privaie company IiTllited by guarantee, registered in England alld Wales and a registered charity in Ellglaod and Wales. The add￿5 of the registeTed office is l Kiug StreeL HalifaK England, HXI ISIL STATEMENT OF COMPILINCE These fit￿ICial statenMIts have Ixen preparcd in compliance with FRS 102, The Financial Reporting Standard applicable in the UK and tbe Republic of Ireland,, the Statement of Recommended Prncticc applicablc to cbarities prepating their accounts in accordance with the Financial Rworting Staodard applicable in the UK and Republic of Ir¢land (FRS 102) (Charitics SOBTr (FRS 102)) and thc Companies Act 2006. ACCOUNIING POLICIES Basis of preparation Th¢ fjnaucial statements have been prepared on the historical cost basis. The fwcial statements are prq)ared in sterling, wbiGh is the funrtional curretw of the entity. Going concern There are no material wicertainties about the charitVs ability to Cl)Dlinue. Judgements and key sources of estimatlon llneertainty The prepaTHtion of the financial ststemeDts TCqUiTCS mallagemellt to make judgements. ¢3timat¢S and assumptions that affe¢t the amounts rq)orted These estimates and judgements are continually reviewed and are based on experience atul other factors, includitig expectations 0£ fUll￿e events that are believed to be re&son&ble under the CIr￿￿]staD¢e$. There are not onsi(kred to be 8Try key judgments or estinMtes. Fund aeeounting Unr¢stiicted fiFnds are available for use at the discretton of the trustees to further any of the cbarityHs purposes. Daignated fjjnds at¢ unrestricted fill￿ earniarked by the trustees for particular firture project or conllnilment. Restricted fimds are subjected to restrictions on their expenditure declared by the donor or through the tenns of an appeal. and fall into one of two sub-classes: restricted iD¢ome funds or endowment funds. 20- CALDERDALE WELLBEING COMPANY LI￿￿tTED BY GUARANTEE NOTES TO THE FINANCIAL STATEMEIqTS IcothMeA) YEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES (coTr?oNvdJ Ineoming resources All incoming Tesources aTe included in th¢ statemenl of financial activities when entitlement has passed to the cFLaTity" it is probable that the economic benefits associated with the traosaction will flow to the charity and the amount can be reliably measured Th¢ following specific policies appli¢d to patticular categories ofincom¢: income from donations ￿ grants is recognised when theTe is evideD¢e of entitlement to tbe ft, rerxipt is probable and its am(Mmt can b¢ m¢asur¢d r¢liably. legacy inconje is recognised when receipt is PTobabk and entitlement is establishe income from doDated goods is measured at the fair valu¢ of the goods unless this is impractical to measure reliably. in whicb case the Ydlue is d￿1Ved from the cost to th¢ donor or the estImat￿ resal¢ value. Donated fa¢iliti¢s and scrvices are recognised in tbe accounts when r¢ceived if the value can be reliably nrasuted No amounts are included for the contribution of general volunt¢exs. incotne from contracts for the supply of services is rccognised with tbe delivery of the contracted service. This is classified as unrestricted fimds UDless there is a contractual requirement fr)r it to be spent oo a particular purpose and returned if unspent. in which case it may be regarded as Testri¢te41 Resources expended Expenditure is re¢ognised on an acc￿￿15 basis as a liability is incurred Expenditure includcs any VAT whi¢h cannot be fully tecDvere4 and is classified under headings of the stat¢n]ellt of financial activities to whicb it relates: exp¢ndith on raising funds illcludes the costs of all fimdtaising activities. events, non-charitable trading activities. and the sale of donated goods. expendtture on charitable activities includes all wsts incurred by a charity in undertaking activilies tbat firfer its clwitable alti￿ foT the benefit of its benefi¢iarRes, including thos¢ support costs alld costs relating to the Eovernallce of the charity apportioned to charitable activities. other expenditure includes all expenditure that is neit]w related to raising funds for the clwitynorpart of its expenditure on chaTitable activities. All costs ar¢ allocatcd to cxpend1tt￿e Vdtegori¢s reflecting the use of th¢ resource. Direct costs att￿￿￿table to & singlc activity are allocated directly to that activity. Shared costs apportioned between the activities tbey contribute to on a reasotJabl¢, justifiable and consistent basis. 21 CALDEIIDALE WELLBEING COIKPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENfs YEAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES (copAuwe4) Operathig leases L¢as¢ paynents tecogniscd as an expen8¢ over th¢ leas¢ tenn on a straight-line basis. The aggregate benefit of le&%e incentives is tecognised as a reduction to expense over the lease tern), oll a straigbt-line basis. Government ￿allts Government grants are recognised at tbe hir value of tbe asset received or receivable. Grants are not recognised until there is Teasonable assurance that the charity will comply with the conditions attaching to them and th¢ grants wlll be reccive Where the gtant does not impose specified future perfom]ance-r¢lat¢d conditions on the Tecipi¢n¢ it is recognised tti income wben tbe grant woceeds aTe receiv¢d or receivable. Wh¢rc the grant does Impose specified future perfornL2nce-related conditions on the TecipienL it is iecognised in income only when the perfornianee-related coDditions have been tnet. Where grants rcccivcd are prior to satisfying the revenue recognition criteri4 thcy are fecognised as a liability. Fin2noal instrujnents The company only has financial assets and financial liabilities of a killd that qualify as basic financial instnllnents. B&sic financial instruments are iDitially reco￿lSea at transaction value and subsequently n]easured at their settlement value with the exception Df bank koans which are subsequently roedsur¢d at 8mOrti5ed Cost using the effectiv¢ interest method. Defined contributioll plan5 Contribution5 to defjned contribution plans are recoBnised as an expense in the period in w]llch tbe related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment wtll lead to a reduction in future payments or a cash refijnd. Taxadon As a charity the orgauisation benefits from rtes rehef and is genetauy CX¢D]Pt from income tax and capital gains tax not from VAT. ]￿e¢Overable VAT is included ID the cost of those items to which it relates. LI￿ITTED BY GUARANTEE The charity is a ¢ompany limited by guarantee. The members of the company zr¢ ihe Trustees named on page l. The liability of the membets in the event of the COTnpany being wound up 15 limited to a sum not exceeding £10. 22- . CALDERDALE WELLBEING COMPAIYYLIMrrED BY GUARANTEE NOTES TO THE FINANCJAL STATEMENTS C¢MI YEAR ENDED 31 MARCH 2025 DONATIONS AND LEGACIES Unrestricted Restricted Total Funds Fun&s FuniLs 2025 DONATIONS Donations 22,240 51,811 74.05L GIFrs Gift aid 3.115 3.149 6,264 GRANTS Grants receivable Governrnent grant income (6250} 19,083 50,095 62,928 19.105 124.138 143.243 Unrestricted Fu[￿S Restricted Total Funds Funds 2024 DONATIONS Donations l6.939 35,413 52,352 GtFTS Gift aid 4,188 550 4,738 Grants rcceivable Gov¢mmellt grdnt income 4.400 1.000 42.285 5.400 42285 25,527 79,248 104,775 Unrestricted Finds R¢stticted Total Funds Funds 2025 Fees and contrnct income 5.157 676575 681,732 Unrestticted Restricted TotsL Funds Funds Funds 2024 Fees at￿ contract income 100 1.082,067 1,082,167 23 CALDERDALE WELLBEING COMPANY LIMITED BY GUARANfEE NOTES TO THE FINIINCIAL STATEThtENTS { YEAR ENDED 31 MARCH 2025 INVESTMENTINCOME Unrestricted Total Funds Unrestticted Total Funds Funds 2025 Funds 2024 Bank inter¢st re¢eivable 14,890 14,890 14,144 14,144 COSTS OFRATSINC DONATIONS AND LEGACIES Unrestricted Restrictsd Total Funds Funds Funds 2025 Costs of Taisiag donations aad legacies - Donations 1310 2,177 4,487 Unrestricted Restrt¢t¢d Tot&1 Fund5 Funds Funds 2024 Costs of zaising doD*ions and lega¢i¢s - Dol￿tIOnS 2,803 2,808 UDrestrithed Restticted Total Funds Funds Funds 2025 Charitsble activities Support costs 47,593 4.142 976.162 102,695 1.078,857 1,023,755 106,837 1,130,592 51,735 Unttstricted Restricted Total Funds Funds Funds 2024 Charitable activities Support costs 7.701 3,718 11.419 968,906 93,739 976,607 97,456 1.062.645 1,074,063 CALDERDALE WELLBEING COMPANY IJMITED BY GUARANTEE NOTES TO F]NANCIAL STATEMENTS (￿￿¢•￿£￿j YEAR ENDED 31 MARCH 2025 10. EXPENDITURE ON c￿￿RITABLE ACTivfTIES BY AcrIvrrYTYPE Artiviti¢s Total funds Total fund 2025 2024 dIr￿Y Support costs Charitable activities Governance costs 1.023.755 83,230 23.607 1,106,985 23,607 1.130.592 1.055,359 18,704 1,074.063 1.023.755 106.837 11. ANALYSJS OF SUPPORT COSTS Total 2025 Total 2024 emises Communications and IT Hurnan resources Finance costs Governance costs Staff travcl Printing. stationery and IT costs Office ¢quipmeJJt Sub￿rIp￿.0￿s Staff training Staff oth¢r i¢freshments Volunteer expwws 50.195 8,693 940 1269 23,607 3,78L) 6,496 2,076 1,755 2,237 958 4231 45,845 8.471 608 767 18,71M 4,511 10,444 577 1,449 612 321 5,147 106,837 97.456 12. NET (EXPENi)rruREyINCOME Net (expenditureyia¢4xne is stated after chargiDgl{crediting): 2025 2024 Operating le￿e r¢ntals 6,718 7,015 13. AUDITORS REMUNEIL4TtON 2025 2024 Fees payable for the audit ofthe fi[￿nCIal statements 5.813 25 CALDERDALE WELLBEING COWANY LIMrrED BY GUARANfEK NOTES TO THE FINANCIAL STATETrtENTS leon11￿) YEARENDED 31 MARCH 2025 14. INDEPEIYDENf EXAMINATION FEES 2025 2024 F¢¢s payabl¢ to the ftndepcndent eLimiller for. Independent examination of the finaocial slatemeDts 4.750 15. STAFF COSTS The total Staff costs and employee benefits for the reporting period are aDalysed as follows.. 2025 2024 Wages and saiari¢s Social s¢¢wity costs Employer conttibutions to peDsion plans 899299 73254 40.769 868,496 61,733 38,127 968.356 1.013,322 The avcrdg¢ head coullt of employee5 during the yw was 46 (2024: 55). The average number of full-time equivalent employee5 during the year is analysol as follows: 2025 2024 No. Management Adn]inistration Teani L¢aders Prnject worker li 22 36 No employce received employee beD¢fits of M£￿ than £60,000 dwing the year (2024: Nil). Key Management Personnel Key Management Personnel The key management personn¢l of the Charity comprise the tnL8tees and the senior Manage￿ent team as h.sted on page l. Th¢ total atllount of employce benefits (including employer pension contributions) rcccived by key management persottnel for their Sery1￿ to the Ch￿lty was £51.312 (2024 - £49.459). NJC pay scales are used as a point of Teference for the Wdy Structure of k¢y matsagemcnt pers0T￿¢1. 26- CALDEIIDALE WELLBEING COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCDIL STATEMKNTS YEAR ENDED 31 MARCH 2025 16. TRUSTEE REMUNERATION AND EXPENSES No remuD¢ration or otheT benefits from employnenl with the charity or a related elltity were Teceived by the trustees. During the year no trustees W¢Te paid any expenses (2024- £nil) 17. FUNDS IIELD FOR THIRD PARTILS Funds held for Bearder Cbaritable Trust 2025 £nil (2024 - £1,532). There was no incoming resource8 during the year. I& DEBTORS 2025 2024 Trade debtors Prepayments and accrucd incomc loo 10,625 6.347 6.347 10,725 19. CRKDITORS: amounts falling due within olle year 2025 2024 TTade creth.tors A¢¢ruals and def¢￿ed income Social security and other taxes Other creditors 3,469 21,303 17,100 6,795 48.667 10,383 74,740 15.492 6,181 106.796 20. DEFERRED INCOME 2025 2024 At l April 2024 Amount released to income Anwunt deferred in year At31 Marth 2025 63.927 (63,927) 11,131 11,131 36,500 (36,500) 63,927 63,927 At the ba]ance sheet date the charity beld fjmds received in advance for Provision of Welfare Rights £3.402 and Roslwii £7.729. all relate to monies ID advance for the 202512026 fuw]CAal 27 CALDERDALE WELLBEING COIIIPANY LIIWUTED BY GUARAiYfEE NOTES TO THE FINANCIAL STATETrKENTS YEAR ENDED 31 MARCH 2025 21. PENSIONS AND OTHERPOSTRETIREMENT BENEFITS Der￿ed tontribution plans The amount recognised in ittcome or expenditure as an expense in relation to defined cottITibution plans was £40.769 (2024: £38,127). 22. COVERNMENT GRANrs The amo￿lts r￿Qg[lIsed ID tbe fll)ancial slatements for governm¢nt ￿ are as follows: 2Q2S 2024 R¢cogni5cd in IllCOll￿ from donatio￿$ and legacies: Govenllnent grallts income 42,285 23. ANALYSJS OF CHARITABLE FUNDS UDrestricted funds l Apl 2024 InCOtt￿ Expcllditurc Transfers 31 Mar 2025 Genernl funds Designat¢d Fund Peer C(mnect Groups 96.394 54,000 39,152 (41.179) (12.866) (27,688) 28.866 66,679 70,000 150.394 39,152 (54.04SJ 1,178 136,679 l Apl 2023 JDconi¢ Expenditure Transfers 31 Mar 2024 General funds De51gnated Fund Peer cOnn￿t Groups 65.287 50,343 16.599 39.771 5,175 (13,839) 3,657 96,394 54,000 (16.599) (11,424) 132229 39.771 (10.182) 150,394 Designated re5erYcs aTC held agai￿$t reasonably anticipatcd risks in the forthcoming year such as setvice closure and the liabilities artsing from that. or. in respect of a legacy) to fillfil covenants or expectations attached to the Icgacy. Peer support- donation from private donor earmarked to saf¢s￿e for daytime provisioD. CALDERDALE WELLBEING COMPANY LIMITED BY GUARANrE NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 31 MARCH 2025 23. ANALYSIS OF CHAR￿ABLE FUNDS leonflnudj Restricted funds l Apl 2024 Income Expenditure Transfers 31 Mar 2025 CMBC Time OutlRecovery College Safe Space CCG Th¢ Foru Peer Support Like Minds maUr￿ll Brassington Childhood fi￿d Li)￿ worker service PH Calderdale Car¢s For Us Health Illequalities Co]nmunity Health & Wellb¢ing Daytime Safr Space CFFC Hous¢hold Support Calderdale Cares Innovation Fullding RHS Naturc in Mind CMBC Time Outniecovery College Stronger Fleighbourhoods - Roshani Communtty Weubeing Welfare Rigbts Lottery Mayois Fund Welfare Rights Fund Like Minds Donati( Upper Valley Wann Hub Find your Thing CFFCI Halifax Minister Service User Welfarc Fund Core fijllding balance Peer Support Halif& Titne Out HM Subsidy Hebdeu Bridge Rotary -Time Out Know Yourself Gww 75,000 317,934 3.049 (75.0(Ml) (387.371) (2,987) 115.604 (io) 46.167 52 26,746 25.975 (44.990 7,725 3,512 52,517 (3,512) {145,664} 131,882 38,735 25,352 25,000 (25J52) (9.670) 15,330 191,330 53,000 (l83222) 61,108 46,027 (46,027) 6,803 (6,803) IS.050 loo 19,170 (15,050) (2,214) (3,127) (628) 2,114 16,043 628 1,174 11.374 1,174 (12,402) 38233 (62,009) 4,769 i.o(x) (4,769) (1,000) 1250 1.250 44,837 I,177 (37.070 7.761 (1,177) 1,000 4,920 (1.000) (1.381) 3.539 29- CALDERDALE WELLBEING COMPANY LIMrrED BY GUARAwfEE NOTES TO THE FINANCLIL STATEMENTS icoxrfn4¢d) YKARENDED 31 MARCH 2025 23. ANALYSIS OF CHARITABLE FUNDS Yourself- Time Out The Fon]m Screw Fix Foundation Cloth Worker Fund Ward FonJm- Time Out Garfield W&stern Core Funding D'oyly Carte Allotsnent Fund Private donation 12,000 4,500 7JOO (12.000) (2.257) (7.300) 2,243 494 (494) 20.000 20.000 5.789 12,500 (125) 800.713 (1.081,034) 5.789 J2J75 226,889 508.387 (1,177) l Apl 2023 Income Expenditure Transftrs 31 Mar 2024 CMBC Time OutlRecovery College Saf¢ Spacc CCG fimding The ForLun Peer Support Like Minds 75.￿)0 (75.000) (6,101) 8.392 342.500 4.593 (220,795) (12.995) 115,604 (io) 21.816 25.000 (20.070) 26,746 Chilithood fund Lillk worker 8¢rvice PH Calderdaje Cares for us Health Inequalities Conunullity Healtb & Wellbeiug Daytirne Safe Space CFFC Household Support Calderdale Cares Innovation Fundillg RHS Nature in Mind CNIBC Time OUt1Reco￿ College Stronger N¢ighbovrhoods - Roslwii Commw)ityWellbeiDg Services Welfare Rigbts Lottery Mayors Fund 17,243 45.319 (13,731) (158,452) 3,512 52,517 165,650 34.665 25,0(KJ (9,313) 25.352 25,000 190.050 20,685 362.892 (361,612) (20,685) 191,330 (1,846) 33,072 372 99,310 (86.355) (372) 46,027 11763 (12.763) 24,753 (24.753) 750 6221 2.008 1,590 (226) (6.221) (1,380) 2.114 628 30- CALDERDALE WELLBEING COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATEMENTS (ton￿mMedI YEAR ENDED 31 ￿CH 2025 23. ANALYSIS OF CHARITABLE Ft]NDS l¢oNliTh#dJ Welfare Rights Fuad 1.000 100 Likc Minds Donation 31.495 Upper Valky Wami Hub Find your Thing CFFCI Halifax Minister Service User Welfare Fund Core ￿nd]llg balance Peer Support North Halifax Titne Our Subsidy Hebden Bridg¢ Rotary Kniyw Yourself Grow Yows¢lf Suicid¢ prcvention FuniLs Screw Fix Foundation Cloth Workers Fund Ward Fonun Garfield Western Core Funding D'oyly Carte ￿l01ment Fund Private donation (18) (20,121) 92 1.174 11.374 9,91)0 4,769 1.000 {9,900) 4,769 1,000 1250 (10,090) 1250 10.090 402,338 1.161,315 (1,065,448) 10,182 508,387 31 CIILDERDALE WELLBEING COMPANY LIMITED BY GUARANTEE NOTES TO THE FINANCIAL STATKMENTS (emimvtdj YEAR ENDED 31 MARCH 2025 CMBC Time OuVRecovery College - FOT children and young people's emotional wellbeing. Safe Space CCG-providing safe spaces The Forum ProjKt- Fotum Peer Support Like Minds- Peer support Maur¢¢n Brassington ChildhoLxI Fund - legacy fimd to support children ad young people's n￿lta1 health. Link Woknr Service- One-tr￿olle support to users that can be stuck ill a crisis loop. Pll C21derdale Cares for Us- To support public sector in their Covid recovery. Health inequaliti￿ - S¢ope and .analysis. Extent of health inequaliti¢s across all ages, iucluding specific focus on suicide prev¢ntioD. Community health and WeUbeiDg - The eonununity health attd wellbeing team works across Calderdale offering support to households on their doorstep> by connecttng people to what is available intheir area. Daytime Safe Space-prnviding safe spaccs. CFFC Housebold Support- Ca1derdale Cares IDnowation Funding- RHS Nature io Mind- regeneMing the allotrllenL CMBC Time OuVRecovery College- For cbildr¢n and young people's emotional wellbeing. Strong¢T N¢igbbouThoo&g- RoslJani- SuppDrt groups for BME'S. Community Wellbeing S¢Thies-Healthy Minds, worknpace support s¢hemc. Welfare RiEhts Lottery-welfaTe rights fuod. Mayors FuDd- DI￿ anirnation project for yOUDg people. Welfare liigbts Fund- Lik¢ Minds Donations- Private donation to support healthy minds. Upper Valley Warni Hub- 32- CALDERDALE WKLLBKJNG COMPANY LIMrrED BY GUARAiYfEE NOTKS TO TE[& FJNANCTAL STATEMENTS (4¥•rf•¥ YEAR ENDED 31 MARCH 2025 Fitid Your Thing- se1￿￿0￿ of activities to support young people's wellbeing. CFFCIHalifax Minster- fonun. Service User Welfare Fund- Upper Valley Service users w¢lfar¢ fimd. Peer Support Halifax-peer support. Tim¢ Out HM Subsidy- Project funding Hebden Bridge Rotary- Tim¢ out Know Yourself Grow Yourself- Time OUL The Fonun- forum Screwfix Foundation- property maintenance Cloth Workets Fund- overheads Ward Forurn-Timc out Garfjeld Wester- Core Funding D'oyly Carte - Allolmcnt fulld Private donation -private donation to sw>port Heahhy Minds. 24. ANALYSIS OF NKT ASSETS BETWEEN FUh￿s Unrestricted Restiicted Total Funds Fun Funds 2025 CUrr￿t assets Creditors l¢ss than l year Net assets 136,679 275,556 (48,667) 226.889 412.235 (48.667) 363,568 136,679 UnTestiicted Restiicted Total Funds Funds Funds 2024 Current assets Creditors less than l year Net assets 150.394 615,183 765,577 (106,796) (106.796) 508.387 658,781 150.394 33- CALDERDALE WELLBEING COl￿PANy LIMtTED BY GUARANTEE DETIULED STATEMENf OF FINANCIAL ACTIVITIES IL¥Mrfllued) YEAR ENDED 31 MARCH 2025 25. ANALYSJS OF CRANGES ITr1 NETDEFr At At J Apr 2024 Cash flows 31 Mar 2025 Cash at ba￿k and inhand 754,853 (348,965) 405,888 26. OPERATING LEASE COMMI￿l￿s The total future minimuw lease payments under non4ancellable opernting leases are as follows: 2025 2024 Not Jater than l year Later than l year and not later Ihan 5 years 7,447 4,529 11,976 6,235 5,508 11.743 27. RELATED PARTIES There were no related paty trallsa¢tioDS dwing this year. 34-