**COMPANY NUMBER: 07441667 CHARITY NUMBER: 1140098** **MINDOUT LGB&T MENTAL HEALTH PROJECT (LIMITED BY GUARANTEE)** **FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024** **MINDOUT LGB&T MENTAL HEALTH PROJECT (LIMITED BY GUARANTEE)** ## **FOR THE YEAR ENDED 31ST MARCH 2024** ## **INDEX TO FINANCIAL STATEMENTS** |Page No.|| |---|---| |1|Legal and Administrative Information| |2 - 5|Report of the Trustees| |6|Independent Examiner’s Report| |7|Statement of Financial Activities| |8|Balance Sheet| |9|Cashflow Statement| |10 – 18
|Notes to the Financial Statements
| ## **MINDOUT LGB&T MENTAL HEALTH PROJECT (LIMITED BY GUARANTEE)** ## **LEGAL AND ADMINISTRATIVE INFORMATION** ## **TRUSTEES** S Munnings (resigned 6 October 2023) B Firth (resigned 29 November 2023) T Ney S Taylor (resigned 24th July 2023) D Gould C Clark (resigned 18th July 2023) Y Onoabhagbe (resigned 28 February 2024) S Fillery (resigned 18th July 2023) R Delmar (resigned 1 March 2024) A Cunnigham (appointed 6 October 2023) J Nutley (appointed 6 October 2023) E Savidge (appointed 6 October 2023) **CHIEF EXECUTIVE OFFICER** R Hirani **COMPANY SECRETARY** E Ballantyne (resigned 20 March 2024) **REGISTERED OFFICE** 2 St Andrews Place Lewes East Sussex BN7 1UP **COMPANY NUMBER** 07441667 (England and Wales) **CHARITY NUMBER** 1140098 **INDEPENDENT EXAMINER** VMR Anderson BA (Hons) FCA DChA Clark Brownscombe 2 St Andrews Place Lewes East Sussex BN7 1UP **BANKERS** The Co-Operative Bank PO Box 250 Skelmersdale WN8 6WT Page: 1 ## **MINDOUT LGB&T MENTAL HEALTH PROJECT (LIMITED BY GUARANTEE)** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2024** 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 31st March 2024. 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). ## **STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document** Incorporation MindOut LGB&T Mental Health Project was incorporated on 16 November 2010 (registered company number: 07441667) and received charitable status on 28 January 2011 (registered charity number 1140098). ## Constitution The Charity is a company limited by guarantee and is governed by its Memorandum and Articles of Association dated 16 November 20I 0. Recruitment and appointment of new trustees The Trustees (Directors for Companies Act purposes) are listed in this report. The first Directors were the subscribers to the memorandum, subsequent Directors are appointed by ordinary resolution. The number of Directors shall be not less than three but shall not be subject to any maximum. ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** The objectives of the Charity are: - a) To promote the preservation of mental health and to assist in relieving and rehabilitating persons suffering from mental disorder or conditions of emotional or mental distress requiring advice or treatment who are lesbian, gay, bisexual and transgender. And - b) To promote the study of and research into mental health disorder and emotional or mental distress in people who are lesbian, gay, bisexual and transgender and to obtain and make records of and disseminate to the public the useful results of such research and to educate the public in matters relating to mental health. ## **Activities** MindOut is a mental health service run by and for lesbians, gay men, bisexual, transgender and queer people with lived experience of mental health issues. Based in Brighton and Hove, we provide local services as well as a number of national initiatives. We provide: - Support for LGBTQ people experiencing mental health issues - Training in LGBTQ Affirmative Practice - Mental Health Promotion events and anti-stigma campaigns which are important parts of our work to improve the mental health of our communities. Page: 2 ## **MINDOUT LGB&T MENTAL HEALTH PROJECT (LIMITED BY GUARANTEE)** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2024** The services that we provide are: - Support and information - Advocacy and casework - Peer support group work - Befriending - Suicide prevention - Wellbeing initiatives - Peer mentoring - On line support - Counselling - Anti-stigma campaigning ## **Public benefit** The Trustees certify that they have had and paid due regard to the Charity Commission guidance on public benefit in deciding what activities the charity should undertake. The Trustees have agreed a Strategic Plan, developing the range of mental health support we offer. All our services are provided by and for LGBTQ people with lived experience of mental health issues. We monitor and evaluate all our activities, results demonstrate the impact our work has for individuals and groups. We collect case studies, some of these are published in our regular newsletters. This year a total of 2,691 people benefitted from our services. ## **Social investments** MindOut has successfully completed its thirteenth year as an independent charity run by and for lesbians, gay men, bisexual, transgender and queer people with experience of mental health issues. Based in Brighton and Hove, we also have a national remit to promote LGBTQ mental health and LGBTQ Affirmative Practice Training. This year we have continued to provide: - Support, information and advocacy, including specific Trans Advocacy, Community Mental Health and Housing Advocacy Service. - Peer group support, including a suicide prevention peer support group 'Out of the Blue', peer mentoring and online out of hours support. - Age 50+ suicide prevention groups in Sussex - Affordable counselling. - A range of LGBTQ Affirmative Practice Training. Our telephone befriending service, established in response to requests from service users has continued to grow. Demand for MindOut services and activities has risen year on year, waiting lists are in operation for group places and counselling service. ## **History** This year we celebrated our 13th anniversary as an independent charity. We have been offering services since 1999, following discussions between Brighton and Hove LGBT Switchboard and Mind in Brighton and Hove about how to highlight the mental health needs of Brighton's LGBTQ communities. A number of public meetings were held, involving local community groups, activists, service providers and service commissioners. Page: 3 ## **MINDOUT LGB&T MENTAL HEALTH PROJECT (LIMITED BY GUARANTEE)** ## **REPORT OF THE TRUSTEES** ## **FOR THE YEAR ENDED 31ST MARCH 2024** Comic Relief provided initial funding to start up an Advocacy, Group Work and Training Project, run by Mind in Brighton and Hove. This became MindOut LGB&T Mental Health Project, now trading as MindOut LGBTQ Mental Health Service ## **FINANCIAL REVIEW** ## **Financial position** The charity continued to fundraise from donation income from both individual and corporate donors. Our training programme continued to generate training income. This year there was an overall reduction in unrestricted income to £390,277 due to pandemic and post pandemic support from larger corporate donors coming to the ed of their cycle. Our expenditure also reduced to £638,363 this year. Decisions to streamline the charity’s resources were made including redundancies of senior staff, and relocation to protect frontline services and sustainability of the charity. The greater expenses resulted in a deficit of unrestricted activities during the year, with £248,086 used from our reserves. Our unrestricted reserves brought forward were £380,381 leaving us with £132,295to be carried forward. ## **Investment policy and objectives** The Memorandum of Association allows the Trustees to deposit or invest funds in any manner (but to invest only after obtaining advice from a financial expert and having regard to the suitability of investments and the need for diversification). ## **Reserves policy** Due to the challenging funding environment, the charity’s reserves fell below the levels agreed by the Trustees within the reserve policy. The Trustees have set as a priority that the reserve levels are brought back up to reach levels set out within the policy of 12 months operating costs. The Trustees policy is as follows: "Our policy is that, as a priority, reserves must always be sufficient to cover the potential liability for statutory redundancy pay. We bear in mind at all times the potential costs of staff falling sick long term. If circumstances justify it, we will use reserves to offer match funding to attract new project grants or to fund the core service temporarily in the event of a gap between funding streams". ## **STATEMENT OF TRUSTEES' RESPONSIBILITIES** The trustees (who are also the directors of MindOut LGB&T Mental Health Project for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing those financial statements, the trustees are required to - select suitable accounting policies and then apply them consistently; - observe the methods and principles in the Charity SORP; - make judgements and estimates that are reasonable and prudent; - prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business. Page: 4 ## **MINDOUT LGB&T MENTAL HEALTH PROJECT (LIMITED BY GUARANTEE)** ## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31ST MARCH 2024** The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. This report has been prepared in accordance with the special provisions of Part 15 of Companies Act 2006 relating to small companies. Approved by the board of trustees on 26th November 2024 and signed on its behalf by: Alex Cunnigham - Trustee Page: 5 **INDEPENDENT EXAMINER’S REPORT TO THE TRUSTEES OF** ## **MINDOUT LGB&T MENTAL HEALTH PROJECT (LIMITED BY GUARANTEE)** I report to the charity trustees on my examination of the accounts of the company for the year ended 31st March 2024 which are set out on pages 7 to 19. ## **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 report** 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 the Institute of Chartered Accountants in England and Wales 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: - (1) accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or - (2) the accounts do not accord with those accounting records; or - (3) 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 - (4) 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. V M R Anderson BA (Hons) FCA DChA Chartered Accountant Clark Brownscombe 2 St. Andrews Place Lewes East Sussex BN7 1UP Date: 9th December 2024 Page: 6 ## **MINDOUT LGB&T MENTAL HEALTH PROJECT (LIMITED BY GUARANTEE)** ## **STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31ST MARCH 2024** |
Note
**Unrestricted**
**Funds**
**2024**
**Restricted**
**Funds**
**2024**
**Total**
**2024**
**£**
**£**
**£**
**INCOME FROM**
Donations and legacies
3
**322,097**
**-**
**322,097**
Charitable activities
5
- Service delivery
**67,022**
**118,207**
**185,229**
Investment income
4
**1,158**
**-**
**1,158**
**TOTAL**
**390,277**
**118,207**
**508,484**
**EXPENDITURE ON**
Raising funds
6
**17,998**
**-**
**17,998**
Charitable activities
7
**620,365**
**133,560**
**753,925**
**TOTAL**
**638,363**
**133,560**
**771,923**
**NET (EXPENDITURE)**
**(248,086)**
**(15,353)**
**(263,439)**

Fund balances at 1st April 2023
**380,381**
**15,353**
**395,734**
**Fund balances at 31st March 2024**
**132,295**
**-**
**132,295**|Total
2023
£
509,178
281,781
2,142
793,101
59,633
794,408
854,041
(60,904)
456,674
395,734| |---|---| The detailed 2023 comparative statement of financial activities is reported in note 2. The notes form part of these financial statements Page: 7 ## **MINDOUT LGB&T MENTAL HEALTH PROJECT (LIMITED BY GUARANTEE)** ## **BALANCE SHEET AS AT 31ST MARCH 2024 COMPANY NUMBER: 07441667** ||Note
**2024**|**2024**|2023| |---|---|---|---| |||**£**|£| |**CURRENT ASSETS**|||| |Debtors|10|**14,950**|27,458| |Cash at bank and in hand||**136,322**|410,255| |||**151,272**|437,713| |**Creditors:**|||| |Amounts falling due within one year|11|**(18,977)**
|(41,979)| |**TOTAL ASSETS LESS CURRENT LIABILITIES**||**132,295**|395,734| |**RESERVES**|12||| |Restricted funds||**-**|15,353| |Unrestricted funds||**132,295**|380,381| |||**132,295**|395,734| The company is entitled to exemption from audit conferred by Section 477 of the Companies Act 2006 for the year ended 31st March 2024. The members have not required the company to obtain an audit of its financial statements in accordance with Section 476 of the Companies Act 2006. The trustees confirm that they are responsible for: - a) ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006, - b) and preparing financial statements which give a true and fair view of the state of the affairs of the company as at the end of the financial year and of its results for the financial year in accordance with the requirements of Sections 394 and 395, and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. The financial statements have been prepared in accordance with the special provisions of part 15 of the Companies Act 2006 relating to small companies. These accounts were approved by the board on 26th November 2024 and signed on its behalf by: Alex Cunnigham - Trustee The notes form part of these financial statements Page: 8 ## **MINDOUT LGB&T MENTAL HEALTH PROJECT (LIMITED BY GUARANTEE)** ## **CASHFLOW STATEMENT FOR THE YEAR ENDED 31ST MARCH 2024** |Note
**2024**
**£**

**Net cash outflow from operating**
**activities**
15
**(273,933)**
Cash and cash equivalents
at the beginning of year
**410,255**
**Cash and cash equivalents**
**at end of year**
**136,322**|2023
£
(44,781)
455,036
410,255| |---|---| The notes form part of these financial statements Page: 9 ## **MINDOUT LGB&T MENTAL HEALTH PROJECT (LIMITED BY GUARANTEE)** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024** ## **1. ACCOUNTING POLICIES** ## **Basis of Accounting** The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Statement of Recommended Practice: Accounting and Reporting by Charities (FRS 102, effective 1st January 2015), hereafter referred to as the Charities SORP (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. MindOut LGB&T Mental Health Project meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note. In the application of the charity’s accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised, if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. However, there are no judgements or assumptions that have a significant risk of causing material adjustment. The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £. At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future and on that basis the charity is considered to be a going concern. ## **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. Income from donations is accounted for as received by the charity. The income from fundraising ventures is shown gross, with the associated costs included in fundraising costs. The value of voluntary work is not included in the financial statements. Grants are recognised in full in the Statement of Financial Activities in the year in which they are receivable. Grants for the purchase of fixed assets are credited to restricted income when they are receivable. Where the use of the asset is restricted, depreciation is charged against the restricted fund. Where the use of the asset is not restricted it is transferred to the general fund. Other income, including investment income, is recorded on an accruals basis. Page: 10 ## **MINDOUT LGB&T MENTAL HEALTH PROJECT (LIMITED BY GUARANTEE)** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024** ## **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. All expenditure is accounted for an accrual basis and has been classified under the relevant headings. (1) Costs of generating funds are those costs incurred in attracting grants, voluntary income and fees. (2) Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature. It also includes those costs previously shown as governance costs. ## **Taxation** The charity is considered to pass the tests set out in Paragraph I Schedule 6 Finance Act 2010 and therefore it meets the definition of a charitable company for UK Corporation Tax purposes. Accordingly the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 Corporation Tax Act 2010 and Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes. ## **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. ## **Fixed assets** Tangible fixed assets costing more than £500 are capitalised and included at cost including any incidental costs of acquisition. ## **Financial instruments** The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at either market value or their settlement value. Page: 11 ## **MINDOUT LGB&T MENTAL HEALTH PROJECT (LIMITED BY GUARANTEE)** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024** ## **2. COMPARATIVE STATEMENT OF FINANCIAL ACTIVITIES** |**Unrestricted**
**Funds**
**2023**
**Restricted**
**Funds**
**2023**
**£**
**£**
**INCOME FROM**
Donations and legacies
**509,178**
**-**
Charitable activities
- Service delivery
**111,031**
**170,750**
Investment income
**2,142**
**-**
**TOTAL**
**622,351**
**170,750**
**EXPENDITURE ON**
**Raising funds**
**59,633**
**-**
**Charitable activities**
- Service delivery
**615,853**
**178,555**
**TOTAL**
**675,486**
**178,555**
**NET (EXPENDITURE)**
**(53,135)**
**(7,805)**

Fund balances at 1st April 2022
**433,516**
**23,158**
**Fund balances at 31st March 2023**
**380,381**
**15,353**|**Total**
**2023**
**£**
**509,178**
**281,781**
**2,142**
**793,101**
**59,633**
**794,408**
**854,041**
**(60,940)**
**456,674**
**395,734**| |---|---| Page: 12 ## **MINDOUT LGB&T MENTAL HEALTH PROJECT (LIMITED BY GUARANTEE)** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024** ## **3. DONATIONS AND LEGACIES** |**Unrestricted**
**Funds**
**2024**
**Restricted**
**Funds**
**2024**
**£**
**£**

Donations
**288,499**
**-**
Grants
**28,598**
**-**
Online filing incentive
**5,000**
**-**
**322,097**
**-**
Grants received included in the above are as follows:
**Unrestricted**
**Funds**
**2024**
**Restricted**
**Funds**
**2024**
**£**
**£**

UK Black Pride
**-**
**-**
Three Oaks
**8,316**
**-**
LGBT Foundation
**-**
**-**
Rainbow
**5,000**
**-**
Brighton & Hove City Council – Vol Sector
**15,282**
**-**
University of Brighton
**-**
**-**
**28,598**
**-**
**4. INVESTMENT INCOME**
**Unrestricted**
**Funds**
**2024**
**Restricted**
**Funds**
**2024**
**£**
**£**

Deposit account interest
**1,158**
**-**|**Total**
**2024**

**£**

**288,499**
**28,598**
**5,000**
**322,097**
**Total**
**2024**

**£**
**-**
**8,316**
**-**
**5,000**
**15,282**
**-**
**28,598**

**Total**
**2024**

**£**

**1,158**|2023
£
468,005
36,173
5,000|2023
£
468,005
36,173
5,000| |---|---|---|---| |||509,178|| |||


|
2023
£
7,610
6,000
4,641
-
15,282
2,640| ||||36,173| ||||
2023
£
2,142| Page: 13 ## **MINDOUT LGB&T MENTAL HEALTH PROJECT (LIMITED BY GUARANTEE)** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024** ## **5. INCOME FROM CHARITABLE ACTIVITIES** |**Unrestricted**
**Funds**
**2024**
**£**

**Service Delivery**
Training fees and counselling
**67,022**
Grants
**-**
**67,022**
Grants received included in the above are as follows:
**Unrestricted**
**Funds**
**2024**
**£**

Big Lottery Fund – MindOut Age Matters
**-**
BHCC – HIV Prevention Grant
**-**
B&H NHS/BHCC – Advocacy
**-**
B&H NHS/BHCC – Trans Advocacy
**-**
East Sussex CC LGBTQ Wellbeing groups
**-**
Training development
Heads On
**-**
Global’s Make Some Noise
**-**
U OK
**-**

**-**
Deferred income was as follows:
Imperial College
Three Oaks|**Restricted**
**Funds**
**2024**
**Total**
**2024**
**£**
**£**

**-**
**67,022**
**118 207**
**118,207**
**118,207**
**185,229**
**Restricted**
**Funds**
**2024**
**Total**
**2024**
**£**
**£**

**-**
**-**
**5,374**
**5,374**
**19,740**
**19,740**
**22,176**
**22,176**
**30,000**
**30,000**
**10,298**
**10,298**
**-**
**-**
**30,619**
**30,619**
**118,207**
**118,207**
**2024**

**£**

**5,600**
**-**
**5,600**|**Restricted**
**Funds**
**2024**
**Total**
**2024**
**£**
**£**

**-**
**67,022**
**118 207**
**118,207**
**118,207**
**185,229**
**Restricted**
**Funds**
**2024**
**Total**
**2024**
**£**
**£**

**-**
**-**
**5,374**
**5,374**
**19,740**
**19,740**
**22,176**
**22,176**
**30,000**
**30,000**
**10,298**
**10,298**
**-**
**-**
**30,619**
**30,619**
**118,207**
**118,207**
**2024**

**£**

**5,600**
**-**
**5,600**|2023
£
111,031
170,750|2023
£
111,031
170,750| |---|---|---|---|---| ||||281,781|| ||||
2023
£
44,585
5,374
19,740
22,176
15,000
10,000
8,702
15,000
30,173
170,750|| |||
|

|
2023
£
-
8,316
8,316| |||||| Page: 14 ## **MINDOUT LGB&T MENTAL HEALTH PROJECT (LIMITED BY GUARANTEE)** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024** |**6. RAISING FUNDS**
**2024**
**£**

Salaries
**17,998**
**7. CHARITABLE ACTIVITIES**
**Unrestricted**
**Funds**
**Restricted**
**Funds**
**Total**
**2024**
**2024**
**2024**

**£**
**£**
**£**

**Service delivery**
Salaries and related costs
**423,899**
**113,644**
**537,543**
Sessional workers
**1,916**
**10,638**
**12,554**
Other staff costs
**56,719**
**2,565**
**59,284**
Project costs
**85,140**
**2,145**
**87,285**
Core costs
**44,101**
**4,568**
**48,669**
**Governance costs**
Independent examination
**1,514**
**-**
**1,514**
Filing fees
**13**
**-**
**13**
Accountancy fees
**7,063**
**-**
**7,063**
**620,365**
**133,560**
**753,925**
**8. STAFF COSTS**
**2024**
**£**

Wages and salaries
**455,024**
Social security costs
**32,989**
Pension costs
**15,423**
**503,436**|2023
£
59,633
Total
2023
£
616,292
8,693
27,996
73,560
56,023
1,608
13
10,223
794,408
2023
£
596,569
54,053
19,539
670,161| |---|---| The average number of employees during the year was 15 (2023: 22). The number of staff to whom retirement benefits are accruing under a defined contribution scheme is 14 (2023: 17). The key management personnel of the charity comprise the trustees, the chief executive officer and the deputy chief executive officer. The total employee benefits of the key management personnel were £107,345 (2023: £100,792). The number of employees receiving remuneration in excess of £60,000 is as follows: |||**2024**|2023| |---|---|---|---| |£60,001|- £70,000|**1**|1| Page: 15 **MINDOUT LGB&T MENTAL HEALTH PROJECT (LIMITED BY GUARANTEE)** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024** ## **9. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 31st March 2024 nor for the year ended 31st March 2023. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 31st March 2024 nor for the year ended 31st March 2023. ## **10. DEBTORS** |**EBTORS**||||||| |---|---|---|---|---|---|---| |||||**2024**|
2023|| |||||**£**||£| |Accounts receivable||||**11,945**|
17,560|| |Prepayments and other debtors||||**3,005**||9,898| |||||**14,950**|27,458|| |**REDITORS: AMOUNTS FALLING DUE WITHIN ONE**||**YEAR**||||| |||||**2024**|
|2023| |||||**£**||£| |Accounts payable||||**6,651**|
14,806|| |Social security and other taxes||||**4,388**|
12,532|| |Other creditors||||**178**||3,825| |Deferred income||||**5,600**||8,316| |Accruals||||**2,160**||2,500| |||||**18,977**|41,979|| |**MOVEMENTS IN FUNDS**||||||| ||**At 1st**|||||**At 31st**| ||**April**||**Income**||**Expenditure**|
**March**| ||**2023**|||||**2024**| ||**£**|||**£**|**£**|**£**| |**Restricted**||||||| |BHCC – HIV Prevention Grant||**-**||**5,374**|**(5,374)**|**-**| |B&H NHS/BHCC – Advocacy||**-**|**19,740**||**(19,740)**|**-**| |B&H NHS/BHCC – Trans Advocacy||**-**|**22,176**||**(22,176)**|**-**| |East Sussex LGBTQ Wellbeing||**-**|**30,000**||**(30,000)**|**-**| |Heads on|**8,702**||**10,298**||**(19,000)**|**-**| |U OK||**-**|**30,619**||**(30,619)**|**-**| |Global’s Make Some Noise|**6,651**|||**-**|**(6,651)**|**-**| ||**15,353**||**118,207**||**(133,560)**|**-**| |**Unrestricted**||||||| |General|**380,381**||**390,277**||**(638,363)**|**132,295**| |**Total funds**|**395,734**||**508,484**||**(771,923)**|**132,295**| ## **11. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** ## **12. MOVEMENTS IN FUNDS** Page: 16 ## **MINDOUT LGB&T MENTAL HEALTH PROJECT (LIMITED BY GUARANTEE)** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024** ## **12. MOVEMENTS IN FUNDS (PRIOR YEAR)** |**Restricted**
Big Lottery – MindOut Age Matters
BHCC – HIV Prevention Grant
B&H NHS/BHCC – Advocacy
B&H NHS/BHCC – Trans Advocacy
East Sussex LGBTQ Wellbeing
Lloyds Bank Foundation
Training development
Heads on
U OK
Global’s Make Some Noise
**Unrestricted**
General
**Total funds**|**At 1st**
**April**
**2022**
**Income**
**Expenditure**
**At 31st**
**March**
**2023**
**£**
**£**
**£**
**£**
**-**
**44,585**
**(44,585)**
**-**
**-**
**5,374**
**(5,374)**
**-**
**-**
**19,740**
**(19,740)**
**-**
**-**
**22,176**
**(22,176)**
**-**
**-**
**15,000**
**(15,000)**
**12,067**
**-**
**(12,067)**
**-**
**-**
**10,000**
**(10,000)**
**-**
**-**
**8,702**
**-**
**8,702**
**-**
**30,173**
**(30,173)**
**-**
**11,091**
**15,000**
**(19,440)**
**6,651**
**23,158**
**170,750**
**(178,555)**
**15,353**
**433,516**
**622,351**
**(675,486)**
**380,381**
**456,674**
**793,101**
**(854,041)**
**395,734**| |---|---| The purpose of each fund is as follows: Big Lottery Fund - MindOut Age Matters – Funding for 50+ mental health interventions B&H CCG/BHCC Advocacy - Sub contract with Sussex Advocacy Partnership to provide mental health advocacy service. BHCC HIV Prevention Grant - HIV Prevention Grant for peer support group work. B&H CCG/BHCC Peer Mentoring – Sub contract with Community Roots to run a volunteer led peer mentoring service an out of hours online support service and community engagement. Big Lottery Fund - Urgent Need Advocacy. -Help Through Crisis grant to provide urgent need advocacy in partnership with Allsorts Youth Project. B&H CCG/BHCC Trans Advocacy – Sub contract with Sussex Advocacy Partnership to deliver advocacy for trans communities in Brighton & Hove. Three Oaks. – Online support to reduce social isolation for the LGBTQ communities ## Global’s Make Some Noise Support for the impact of the pandemic, for staff training, online support and additional advocacy Lloyds Bank Foundation Funding for a Housing Advocacy Service and for counselling Page: 17 ## **MINDOUT LGB&T MENTAL HEALTH PROJECT (LIMITED BY GUARANTEE)** ## **NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2024** ## **13. ANALYSIS OF NET ASSETS BETWEEN FUNDS** |**Unrestricted**
**Funds**
**Restricted**
**Funds**
**£**
**£**
Debtors
**14,950**
**-**
Cash at bank
**136,322**
**-**
Creditors falling due after one year
**(18,977)**
**-**
**132,295**
**-**
**NALYSIS OF NET ASSETS BETWEEN FUNDS (PRIOR YEAR)**||**Total**
**2024**
**£**
**14,950**
**136,322**
**(18,977)**|**Total**
**2024**
**£**
**14,950**
**136,322**
**(18,977)**|**Total**
**2024**
**£**
**14,950**
**136,322**
**(18,977)**| |---|---|---|---|---| |||
**132,295**||| |||||| |**Unrestricted**
**Funds**
**Restricted**
**Funds**
**£**
**£**
Debtors
**27,458**
**-**
Cash at bank
**386,586**
**23,669**
Creditors falling due after one year
**(33,663)**
**(8,316)**
**380,381**
**15,353**||

|**Total**
**2023**
**£**
**27,458**
**410,255**
**(41,979)**|

| ||||
**395,734**|
| |


**EGAL STATUS OF THE CHARITY**
he Charity is a company limited by guarantee and has no share capital. The liability of each
ember in the event of winding-up is limited to £1. The Charity is registered as a company in
ngland and Wales and the registered number and registered office can be found on the Legal and
dministrative information page.
**OTES TO THE CASH FLOW STATEMENT**
**econciliation of net deficit to net cash outflow from operating activities**
**2024**
2023
**£**
£
Net (deficit)
**(263,439)**
(60,940)
Decrease/(increase) in debtors
**12,508**
(6,224)
(Decrease)/increase in creditor
**(23,002)**
22,383
Net (outflow) from operating activities
**(273,933)**
(44,781)||||| ## **ANALYSIS OF NET ASSETS BETWEEN FUNDS (PRIOR YEAR)** ||**Unrestricted**|**Restricted**|**Total**| |---|---|---|---| ||**Funds**|**Funds**|**2023**| ||**£**|**£**|**£**| |Debtors|**27,458**|**-**|**27,458**| |Cash at bank|**386,586**|**23,669**|**410,255**| |Creditors falling due after one year|**(33,663)**|**(8,316)**|**(41,979)**| ||**380,381**|**15,353**|**395,734**| ## **14. LEGAL STATUS OF THE CHARITY** The Charity is a company limited by guarantee and has no share capital. The liability of each member in the event of winding-up is limited to £1. The Charity is registered as a company in England and Wales and the registered number and registered office can be found on the Legal and Administrative information page. ## **15. NOTES TO THE CASH FLOW STATEMENT Reconciliation of net deficit to net cash outflow from operating activities** Page: 18