REGISTERED COMPANY NUMBER: 07438326 (England and Wales)
REGISTERED CHARITY NUMBER: 1140492
Report of the Trustees and
Financial Statements
for the Year Ended 31 March 2023
for
Burton & District Mind
Bourne & Co
Statutory Auditors
6 Lichfield Street
Burton-on-Trent
Staffordshire
DE14 3RD
Burton & District Mind
Contents of the Financial Statements for the Year Ended 31 March 2023
|
Page |
Report of the Trustees |
1 to 7 |
Report of the Independent Auditors |
8 to 10 |
Statement of Financial Activities |
11 |
Balance Sheet |
12 |
Cash Flow Statement |
13 |
Notes to the Cash Flow Statement |
14 |
Notes to the Financial Statements |
15 to 23 |
Detailed Statement of Financial Activities |
24 to 25 |
Burton & District Mind
Report of the Trustees for the Year Ended 31 March 2023
ThetrusteeswhoarealsodirectorsofthecharityforthepurposesoftheCompaniesAct2006, present
theirreportwiththefinancialstatementsofthecharityfortheyearended31March2023.The trustees
haveadoptedtheprovisionsofAccountingandReportingbyCharities:Statementof Recommended
PracticeapplicabletocharitiespreparingtheiraccountsinaccordancewiththeFinancial Reporting
Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
Burton & DistrictMind have a positivelocal reputation,we are committedto providinghigh quality services
andprojects,wehavehighlytrainedanddedicatedstaffwhounderpinourservicedeliveryand an
experienced board of trustees with wide ranging skills and knowledge.
OBJECTIVES AND ACTIVITIES
Objectives and aims
Ourstrategy2020/24andthetrusteeboardhasremainedtruetothevisionoftheassociationandthis is
furtherreflectedinthecurrentstrategydocument.Throughboardawarenessandplanning social
investmentwasidentifiedashighonouragenda.Therehasbeenincreasedinvestmenttoexpand upon
contractsofwork,wideningthegeographicalreachofourcharity,recruiting,training,and deploying
volunteerstofurthersupportandexpandourcommunityactivities.Furtherincreasedactivityhas been
deployedtosupportinfluenceandparticipationcoproductionofservicesthroughthedevelopment of
mental health Ambassador and Sideways group forums.
Page 1
Burton & District Mind
Report of the Trustees for the Year Ended 31 March 2023
OBJECTIVES AND ACTIVITIES
Significant activities
AnInvestmentwasmadebythetrusteesin2020tounderwriteaDevelopmentandSustainability Officer
roleto supportgrowthand to increasethe charityobjectivesidentifiedin the businessstrategy. Successful
tendersallowedgrowthofourteamandwecoveredthisgrowthbyfull-costrecoveryprotocols adopted
for tenders and grants.
ContractsofworkprovidedwithinthisreportingperiodhaveallowedBurton&DistrictMindto increase
reachandchoiceforourcommunity.AchievementssetwithintheStrategyhavebeenmetwith the
securingofcontractsprovidingaplatformofstabilityandwideningofgeographicalarea.Increased board
trainingwasidentifiedandthroughtheMindqualitymanagementreviewthishashelpedidentify other
development opportunities and training recommendations for the board.
WehaveanumberofongoingNHScontractsthroughMidlandPartnershipFoundationTrust (MPFT)
including:
- |
Staffordshire Wellbeing talking |
- |
Providing counselling for mental health and anger |
|
treatment service |
|
management counselling sessions. |
- |
Mental Health Transformation |
- |
Working with other 5 third party sector partners to provide |
|
Future Focus |
|
Recovery Workers and a Team Leader. Future Focus covers |
|
|
|
Burton, Uttoxeter, Lichfield, Burntwood and Tamworth and |
|
|
|
provides additional community support to clients within |
|
|
|
secondary care mental health services, to help reduce barriers |
|
|
|
that can cause prolonged mental ill health and social isolation. |
- |
Safe Haven Crisis Café |
- |
A safe space in central Tamworth providing support for those |
|
|
|
in mental health crisis or emotional distress. Supported by a |
|
|
|
team of Recovery Workers and a Team Leader. |
- |
Safe Hands |
- |
Working within the Crisis team at St Michaels Hospital Lichfield |
|
|
|
and St Georges in Stafford. Providing lower-level support to |
|
|
|
those overcoming mental health crisis, supporting with relapse |
|
|
|
prevention, networking advice and de-escalation techniques. |
|
|
|
Support provided by 2 teams of recovery Workers and a Team |
|
|
|
Leader. |
We also have other contracts as follows:
- |
Trent and Dove |
- |
Providing Floating Mental Health Support, supporting Trent |
|
|
|
and Dove tenants with mental health problems as part of the |
|
|
|
wider tenancy sustainment team, supporting access to |
|
|
|
statutory and community assets, enabling sustainment of their |
|
|
|
tenancy through securing benefits they are eligible for and |
|
|
|
applying for missing basic items for their homes such as |
|
|
|
carpeting and white goods. |
Page 2
Burton & District Mind
Report of the Trustees for the Year Ended 31 March 2023
OBJECTIVES AND ACTIVITIES |
OBJECTIVES AND ACTIVITIES |
|
|
- |
Thinkwell - Staffordshire |
- |
Providing one to one counselling sessions both through |
|
County Council Employment |
|
employee self-referral and manager referral. |
|
Assistance Programme |
|
|
- |
Mind Funded (national) - |
- |
Providing mental health employment support to both |
|
Mentor project, |
|
employee and manager within the workplace to reduce |
|
|
|
sickness leave and raise awareness of onsite support and |
|
|
|
understanding. |
Our Grantsand fundraisingprojectsincludelow-costcounsellingsessions,Ecotherapy,Forestbathing, walk
andtalkfootball,Mindfulness,carerslisteningservice,librarylisteningspaceandpeersupportgroups in
the community and online.
We also provide self-funded private counselling sessions funded by the client.
Public benefit
ImprovedfundraisingactivitieshavebenefitedbyaMindinvestmentfundwhichhasenabledBurton and
DistrictMindtoemployafundraiserparttimefor18months.Wider-reachingservicesidentified and
achievedthroughFutureFocus,partneringwithorganisationsallowedfordeliveryof servicesacross south
Staffordshirein 5 additionallocations.Furtherreachhas been achievedthroughour improvedsocial media
activities supported by volunteers.
Beingpart of this sectorenablesus to deliverservicesthat are influencedby the needsof our beneficiaries
inthemostinnovativeandcost-effectiveway.Burton&DistrictMindaimtoworkcloselywith statutory
servicesandotherthirdsectororganisationstobridgegapsinprovisionandbestsuittheneedsof our
beneficiaries.
Volunteers
Increasedactivitytorecruitanddeployvolunteershascreatedadditionalresourceforinduction and
trainingofnewvolunteersandnewcommunityactivities.DevelopmentssuchasLibraryListening Spaces,
PeerSupportfacilitators,volunteerFutureFocusbuddiesforjointappointments,fundraisingsupport, and
service-relatedcommunications.Increasedsupportwithinfundedprojectshasprovidedextraresource for
participants.Co-production,participationandinvolvementhasbeenincreasedthroughvolunteer MH
Ambassadors and Sideways groups.
Page 3
Burton & District Mind
Report of the Trustees for the Year Ended 31 March 2023
STRATEGIC REPORT
Achievement and performance
DuringtheperiodBurton&DistrictMindimprovedourwebsitemakingtheexperiencesimplerto site
visitorsand increasedour communicationson socialmediato promoteservicesand raisethe profileof our
charity.Communicationswerealsoinvolvedwithinourgrowingteamwithseniormanagement meetings
and team meetings being implemented.
Treasurer's Report (as prepared by Diane Worley, Treasurer)
ThisyearBurton&DistrictMindrecordedthehighestincreaseinincomeyearonyeardrivenby the
successfulawardofcontractswiththeNHSviaMidlandPartnershipFoundationTrust(MPFT).Costs have
also incrementally increased to fulfil the new contracts.
There has been the following changes in total income in recent years.
Total income for 2022-23 was £1,009,688, an increase of £593,312.
Total income for 2021-22 was £416,376, an increase of £91,252.
Total income for 2020-21 was £325,124, an increase of £91,598.
Total income for 2019-20 was £233,526.
For 2022-23,93% of the incomerelatedto our CharitableActivities,6% of the incomerelatedto Donations
and Legacies with 1% of the activities relating to Other Activities.
Substantialongoingandnewcontractsawardedintheyearending31March2023were Staffordshire
WellbeingTalkingTherapiesworth£301k,FutureFocusworth£306kandSafeHavenCrisisCafé& Safe
Hands worth £193k.
There has been the following changes in total expenditure in recent years.
Total expenditure for 2022-23 was £700,121, an increase of £260,293.
Total expenditure for 2021 -22 was £439,828, an increase of £167,774.
Total expenditure for 2020-21 was £272,054, an increase of £56,046.
Total expenditure for 2019-20 was £216,008.
For2022-23,72%oftheexpenditurerelatedtoourContractTeamcosts,18%relatedtoCentral Team
costs and 10% related to Premises and Administration costs.
TheMainareaofincreasedspendwasonteammembersinordertofulfilthenewcontractsand ensure
thatwehavethecorrecteffectiveandefficientheadcountinordertomeetBurton&District Minds
strategicpriorities.Thecurrentcostoflivingcriseshadanimpactonourcostbase,however,we always
look to mitigate where possible.
WehaveincreasedourReservesFund,whichcoversourwindingupcostsshouldtheyberequired, from
£36k to £68k. This is reviewed every 6 months in order to ensure it reflects the current structure/risk.
InsummarywehaveappointedBourne&Co,StatutoryAuditors,6LichfieldStreet,Burton-on-Trent to
completetheannualauditinlinewiththeCharityCommission'sAuditRequirementsandtoensure the
accountsarecompletedinlinewiththerequirementsoftheCharitiesStatementof Recommended
Practice and (FRS 102 accounting standards).
Page 4
Burton & District Mind
Report of the Trustees
for the Year Ended 31 March 2023
The Board of Trustees have and will continue to ensure that projects are in line with our Strategic Plan.
A challengingyearfor all involvedwhichwas drivenby the passionand commitmentof the wholeteam to
deliverthebestsupportforthepeopleofBurtonandthewiderdistrict.Thankyoutoallwhohave made
this year a massive success.
Financial and risk management objectives and policies
Burton& DistrictMind has achievedthe Mind QualityMark(MQM)award- MQM is a rigorous assessment
andauditingprocessundertakeneverythreeyearswhichcoversallaspectsofcharitygovernance and
operations.Burton&DistrictMindalsoannuallycompletesCyberEssentialsaccreditationand Data
Protection, Security toolkit and is ICO (Information Commissioners Office) registered.
The new MindQualityMarkwas successfulwitha muchbroaderdeeperdivethanon previousrounds and
thisexercisewillhelpustocontinuetoimproveourboardandorganisationalprocessesbeyond its
completion.Wewillreviewandfurtherimproveourorganisationsattitudetoriskmanagementand its
monitoring,andourpoliciesandproceduresscheduledreviewstoensureweareoperatingwiththe most
up to date knowledge of law and legislation to achieve optimum quality and governance.
Future plans
Duringtheperiodagreaternumberofreferralswastakenup,whilethiswaslargelyaround increasing
service,greatdemandforservicewasinevitablefollowingtheCovid-19pandemichavingincreased the
demandforexistingservices.Weacknowledgethattherecouldsoonbea generalelection,andthis could
addtodestabilisethecost-of-livingcrisisfurther.Also,recentidentificationofrecruitmentdifficulties and
the potentialriskof lossof keystaffis a furtheridentifiedriskto our organisation.Workwill be completed
by the boardalongwiththe seniormanagementteamin 2024to strengthenour infrastructureto mitigate
identifiedrisks.Furtherdevelopmentwillformavitalpartofouronwardworkfor2023/24andbea key
feature of our strategic planning for the 2024/27 strategy.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
Thecharityiscontrolledbyitsgoverningdocument,adeedoftrust,andconstitutesalimited company,
limited by guarantee, as defined by the Companies Act 2006.
As summarised in our governing documents the purposes of Burton & District Mind are.
-
To promote the preservation of mental health.
-
To assist in relieving and rehabilitating persons suffering from mental disorder or conditions of emotional or mental distress requiring advice or treatment.
-
To work in association with Mind in accordance with their aims and their objectives
Burton & District Mind are the regions primary mental health charity. In line with our Strategy 2020/24 the
trustees have remained true to our purposes and vision.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
07438326 (England and Wales)
Registered Charity number
1140492
Page 5
Burton & District Mind
Report of the Trustees
for the Year Ended 31 March 2023
Registered office
67 Branston Road
Burton on Trent
Staffordshire
DE14 3BY
Trustees
Ms S Adey-Rankin Retired
D J Bassett Retired
K J Builth Retired
Ms C S Gethin Chief Executive (appointed 19.10.22)
T G Mansell Solicitor (appointed 19.10.22) (resigned 6.3.23)
C Rimmer Retired
Ms C D Robinson Retired
Ms K St Clair Retired
Ms D Worley Chartered Management Accountant
Auditors
Bourne & Co
Statutory Auditors
6 Lichfield Street
Burton-on-Trent
Staffordshire
DE14 3RD
STATEMENT OF TRUSTEES' RESPONSIBILITIES
Thetrustees(whoarealsothedirectorsofBurton&DistrictMindforthepurposesofcompanylaw) are
responsibleforpreparingtheReportoftheTrusteesandthefinancialstatementsinaccordance with
applicablelaw and UnitedKingdomAccountingStandards(UnitedKingdomGenerallyAccepted Accounting
Practice).
Companylaw requiresthe trusteesto preparefinancialstatementsfor each financialyear which give a true
andfairviewofthestateofaffairsofthecharitablecompanyandoftheincomingresources and
applicationof resources,includingtheincomeand expenditure,of thecharitablecompanyforthat 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;
-
state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
-
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
Thetrusteesareresponsibleforkeepingproperaccountingrecordswhichdisclosewith reasonable
accuracyatanytimethefinancialpositionofthecharitablecompanyandtoenablethemtoensure that
thefinancialstatementscomplywiththeCompaniesAct2006.Theyarealsoresponsiblefor safeguarding
theassetsofthecharitablecompanyandhencefortakingreasonablestepsfortheprevention and
detection of fraud and other irregularities.
Page 6
Burton & District Mind
Report of the Trustees for the Year Ended 31 March 2023
STATEMENT OF TRUSTEES' RESPONSIBILITIES - continued
In so far as the trustees are aware:
-
there is no relevant audit information of which the charitable company's auditors are unaware; and
-
the trustees have taken all steps that they ought to have taken to make themselves aware of any relevant audit information and to establish that the auditors are aware of that information.
AUDITORS
Theauditors,Bourne&Co,willbeproposedforre-appointmentattheforthcomingAnnual General
Meeting.
Reportof thetrustees,incorporatinga strategicreport,approvedby orderof theboardof trustees,as the
company directors, on 1 November 2023 and signed on the board's behalf by:
K J Builth - Trustee
Page 7
Report of the Independent Auditors to the Members of Burton & District Mind
Opinion
We haveauditedthe financialstatementsof Burton& DistrictMind (the'charitablecompany')for the year
ended31March2023whichcomprisetheStatementofFinancialActivities,theBalanceSheet,the Cash
FlowStatementandnotestothefinancialstatements,includingasummaryofsignificant accounting
policies.The financialreportingframeworkthathas beenappliedin theirpreparationis applicablelaw and
United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
-
give a true and fair view of the state of the charitable company's affairs as at 31 March 2023 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;
-
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
-
have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
WeconductedourauditinaccordancewithInternationalStandardsonAuditing(UK)(ISAs(UK)) and
applicablelaw.Ourresponsibilitiesunderthosestandardsarefurtherdescribedinthe Auditors'
responsibilitiesfortheauditofthefinancialstatementssectionofourreport.Weareindependentof the
charitablecompanyinaccordancewiththeethicalrequirementsthatarerelevanttoourauditof the
financialstatementsin theUK,includingtheFRC'sEthicalStandard,and we havefulfilledourother ethical
responsibilitiesinaccordancewiththeserequirements.Webelievethattheauditevidencewe have
obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditingthe financialstatements,we have concludedthat the trustees'use of the going concernbasis of
accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed,we have not identifiedany materialuncertaintiesrelatingto events
or conditionsthat, individuallyor collectively,may cast significantdoubt on the charitablecompany's ability
tocontinueasa goingconcernfora periodofatleasttwelvemonthsfromwhenthefinancial statements
are authorised for issue.
Ourresponsibilitiesandtheresponsibilitiesofthetrusteeswithrespecttogoingconcernaredescribed in
the relevant sections of this report.
Other information
Thetrusteesareresponsiblefortheotherinformation.Theotherinformationcomprisesthe information
includedintheAnnualReport,otherthanthefinancialstatementsandourReportofthe Independent
Auditors thereon.
Ouropiniononthefinancialstatementsdoesnotcovertheotherinformationand,excepttothe extent
otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
In connectionwithour auditof the financialstatements,our responsibilityis to readthe other information
and,indoingso,considerwhethertheotherinformationismateriallyinconsistentwiththe financial
statementsorourknowledgeobtainedin theauditorotherwiseappearstobe materiallymisstated.If we
identifysuchmaterialinconsistenciesorapparentmaterialmisstatements,wearerequiredto determine
whetherthisgivesriseto a materialmisstatementin thefinancialstatementsthemselves.If,basedon the
workwe haveperformed,we concludethatthereis a materialmisstatementof this otherinformation, we
are required to report that fact. We have nothing to report in this regard.
Page 8
Report of the Independent Auditors to the Members of
Burton & District Mind
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
-
the information given in the Report of the Trustees for the financial year for which the financial statements are prepared is consistent with the financial statements; and
-
the Report of the Trustees has been prepared in accordance with applicable legal requirements.
Matters on which we are required to report by exception
In the light of the knowledgeand understandingof the charitablecompanyand its environmentobtained in
the course of the audit, we have not identified material misstatements in the Report of the Trustees.
Wehavenothingtoreportin respectofthefollowingmatterswheretheCompaniesAct2006requires us
to report to you if, in our opinion:
-
adequate accounting records have not been kept or returns adequate for our audit have not been received from branches not visited by us; or
-
the financial statements are not in agreement with the accounting records and returns; or
-
certain disclosures of trustees' remuneration specified by law are not made; or
-
we have not received all the information and explanations we require for our audit.
Responsibilities of trustees
AsexplainedmorefullyintheStatementofTrustees'Responsibilities,thetrustees(whoarealso the
directorsofthecharitablecompanyforthepurposesofcompanylaw)areresponsibleforthe preparation
of thefinancialstatementsand forbeingsatisfiedthattheygivea trueand fairview,and forsuch internal
controlasthetrusteesdetermineisnecessarytoenablethepreparationoffinancialstatementsthat are
free from material misstatement, whether due to fraud or error.
Inpreparingthefinancialstatements,thetrusteesareresponsibleforassessingthecharitable company's
abilityto continueas a goingconcern,disclosing,as applicable,mattersrelatedto goingconcernand using
the going concernbasis of accountingunlessthe trusteeseitherintendto liquidatethe charitable company
or to cease operations, or have no realistic alternative but to do so.
Page 9
Report of the Independent Auditors to the Members of Burton & District Mind
Our responsibilities for the audit of the financial statements
Ourobjectivesaretoobtainreasonableassuranceaboutwhetherthefinancialstatementsasawhole are
freefrommaterialmisstatement,whetherdue to fraudor error,and to issuea Reportof the Independent
Auditorsthatincludesouropinion.Reasonableassuranceisahighlevelofassurance,butisnot a
guaranteethat an audit conductedin accordancewith ISAs (UK) will alwaysdetecta material misstatement
when it exists.Misstatementscan arise from fraud or errorand are consideredmaterialif, individuallyor in
theaggregate,theycouldreasonablybeexpectedtoinfluencetheeconomicdecisionsofuserstaken on
the basis of these financial statements.
Theextenttowhichourproceduresarecapableofdetectingirregularities,includingfraudis detailed
below:
-
Discussions and correspondence with management, including known or suspected instances of non-compliance with laws and regulations and fraud
-
Reviewing nominal ledger transactions with particular emphasis on journal entries posted by management
-
Being alert throughout our work for anything considered unusual by virtue of size or nature.
Becauseoftheinherentlimitationsofanaudit,thereisariskthatwewillnotdetectall irregularities,
includingthoseleadingtoamaterialmisstatementinthefinancialstatementsornon-compliance with
regulation.Thisriskincreasesthemorethatcompliancewithalaworregulationisremovedfrom the
eventsandtransactionsreflectedinthefinancialstatements,aswewillbelesslikelytobecomeaware of
instancesofnon-compliance.Theriskisalsogreaterregardingirregularitiesoccurringduetofraud rather
than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation.
Afurtherdescriptionofourresponsibilitiesfortheauditofthefinancialstatementsislocatedon the
FinancialReportingCouncil'swebsiteatwww.frc.org.uk/auditorsresponsibilities.Thisdescription forms
part of our Report of the Independent Auditors.
Use of our report
This report is made solely to the charitablecompany'smembers,as a body, in accordancewith Chapter 3 of
Part16oftheCompaniesAct2006.Ourauditworkhasbeenundertakensothatwemightstateto the
charitablecompany'smembersthosematterswearerequiredtostatetotheminanauditors'report and
forno otherpurpose.To thefullestextentpermittedby law,we do notacceptor assumeresponsibility to
anyoneotherthan the charitablecompanyand the charitablecompany'smembersas a body,for our audit
work, for this report, or for the opinions we have formed.
David Meadows F.C.A. (Senior Statutory Auditor)
for and on behalf of Bourne & Co
Statutory Auditors
6 Lichfield Street
Burton-on-Trent
Staffordshire
DE14 3RD
Date: .............................................
Page 10
Burton & District Mind
Statement of Financial Activities
(Incorporating an Income and Expenditure Account) for the Year Ended 31 March 2023
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
2
Charitable activities
5
Charitable activities
Other trading activities
3
Investment income
4
Total
EXPENDITURE ON
Charitable activities
6
Charitable activities
NET INCOME/(EXPENDITURE)
Transfers between funds
14
Net movement in funds
RECONCILIATION OF FUNDS
Total funds brought forward
TOTAL FUNDS CARRIED FORWARD |
Unrestricted
funds
£
60,753
178,898
7,910
1,252
248,813
247,930
883
112,120
113,003
132,931
245,934 |
Restricted
fund
£
1,129
758,746
1,000
-
760,875
452,191
308,684
(112,120)
196,564
37,607
234,171 |
31.3.23
Total
funds
£
61,882
937,644
8,910
1,252
1,009,688
700,121
309,567
-
309,567
170,538
480,105 |
31.3.22
Total
funds
£
16,316
387,932
12,116
12
416,376
439,830
(23,454)
-
(23,454)
193,992
170,538 |
|
|
|
|
|
The notes form part of these financial statements
Page 11
Burton & District Mind
Balance Sheet 31 March 2023
Unrestricted
funds
Notes
£
CURRENT ASSETS
Debtors
11
7,896
Cash at bank and in hand
255,469
263,365
CREDITORS
Amounts falling due within one year
12
(17,431)
NET CURRENT ASSETS
245,934
TOTAL ASSETS LESS CURRENT LIABILITIES
245,934
NET ASSETS
245,934
FUNDS
14
Unrestricted funds
Restricted funds
TOTAL FUNDS |
Restricted
fund
£
61,205
275,898
337,103
(102,932)
234,171
234,171
234,171 |
31.3.23
Total
funds
£
69,101
531,367
600,468
(120,363)
480,105
480,105
480,105
245,934
234,171
480,105 |
31.3.22
Total
funds
£
31,374
194,079
225,453
(54,915)
170,538
170,538
170,538
132,931
37,607
170,538 |
|
|
|
|
ThefinancialstatementswereapprovedbytheBoardofTrusteesandauthorisedforissue on
1 November 2023 and were signed on its behalf by:
K J Builth - Trustee
The notes form part of these financial statements
Page 12
Burton & District Mind
Cash Flow Statement for the Year Ended 31 March 2023
Notes
Cash flows from operating activities
Cash generated from operations
1
Net cash provided by operating activities
Cash flows from investing activities
Interest received
Net cash provided by investing activities
Change in cash and cash equivalents in
the reporting period
Cash and cash equivalents at the
beginning of the reporting period
Cash and cash equivalents at the end of
the reporting period |
31.3.23
£
336,036
336,036
1,252
1,252
337,288
194,079
531,367 |
31.3.22
£
11,507 |
|
|
11,507 |
|
|
12 |
|
|
12 |
|
|
|
|
|
11,519
182,560 |
|
|
194,079 |
The notes form part of these financial statements
Page 13
Burton & District Mind
Notes to the Cash Flow Statement
for the Year Ended 31 March 2023
1. RECONCILIATION OF NET INCOME/(EXPENDITURE) TO NET CASH FLOW FROM OPERATING ACTIVITIES
ACTIVITIES |
|
|
Net income/(expenditure) for the reporting period (as per the
Statement of Financial Activities)
Adjustments for:
Interest received
Increase in debtors
Increase in creditors
Net cash provided by operations |
31.3.23
£
309,567
(1,252)
(37,727)
65,448
336,036 |
31.3.22
£
(23,454)
(12)
(16,689)
51,662 |
|
|
11,507 |
2. ANALYSIS OF CHANGES IN NET FUNDS
Net cash
Cash at bank and in hand
Total |
At 1.4.22
Cash flow
At 31.3.23
£
£
£
194,079
337,288
531,367
194,079
337,288
531,367
194,079
337,288
531,367 |
At 1.4.22
Cash flow
At 31.3.23
£
£
£
194,079
337,288
531,367
194,079
337,288
531,367
194,079
337,288
531,367 |
|
|
531,367 |
|
|
531,367 |
The notes form part of these financial statements
Page 14
Burton & District Mind
Notes to the Financial Statements for the Year Ended 31 March 2023
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
Thefinancialstatementsofthecharitablecompany,whichisapublicbenefitentityunderFRS 102,
havebeenpreparedinaccordancewiththeCharitiesSORP(FRS102)'AccountingandReporting by
Charities:StatementofRecommendedPracticeapplicabletocharitiespreparingtheiraccounts in
accordancewiththeFinancialReportingStandardapplicableintheUKandRepublicofIreland (FRS
102)(effective1 January2019)',FinancialReportingStandard102'TheFinancialReporting Standard
applicablein theUKandRepublicofIreland'andtheCompaniesAct2006.Thefinancial statements
have been prepared under the historical cost convention.
Burton&DistrictMindisaCharitableCompanyincorporatedinEngland&Walesandlimited by
Guarantee.In the eventof beingwoundup, the liabilityin respectof guaranteesis limitedto £1 per
memberofthecharity.TheregisteredofficeisgivenintheTrusteesReportonpages1and2 of
thesefinancialstatements.Thenatureofthecharity'soperationsandprincipalactivitiesare also
included within the Trustees Report.
Income
Allincomeisrecognisedin theStatementofFinancialActivitiesoncethecharityhasentitlement to
the funds, it is probable that the income will be received and the amount can be measured reliably.
Where income is paid in advanceby the customerand that income coversa period of time straddling
theyearend,theincomeisapportionedsothatitisallocatedtothefinancialyearinwhich the
services are delivered.
Income is accrued for where the activities have been performed but not invoiced at the year end.
Expenditure
Liabilitiesarerecognisedasexpenditureassoonasthereisalegalorconstructive obligation
committingthe charityto that expenditure,it is probablethat a transferof economicbenefitswill be
requiredinsettlementandtheamountoftheobligationcanbemeasuredreliably.Expenditure is
accountedforonanaccrualsbasisandhasbeenclassifiedunderheadingsthataggregateall cost
relatedtothecategory.Wherecostscannotbedirectlyattributedtoparticularheadingsthey have
been allocated to activities on a basis consistent with the use of resources.
Taxation
The charity is exempt from corporation tax on its charitable activities.
Fund accounting
Unrestrictedfundscanbe usedin accordancewiththecharitableobjectivesat thediscretionof the
trustees.
Restrictedfunds can only be used for particularrestrictedpurposeswithinthe objectsof the charity.
Restrictionsarisewhenspecifiedbythedonororwhenfundsareraisedforparticular restricted
purposes.
Furtherexplanationofthenatureandpurposeofeachfundis includedin thenotestothe financial
statements.
continued...
Page 15
Burton & District Mind
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
1. ACCOUNTING POLICIES - continued
Hire purchase and leasing commitments
Rentalspayableunderoperatingleasesarechargedto profitor losson a straightlinebasisover the
leaseterm,unlesstherentalpaymentsarestructuredtoincreaseinlinewithexpected general
inflation,in whichcasethecompanyrecognisesannualrentexpenseequalto amountsowedto the
lessor.
Hire of equipment is charged directly to profit or loss, as incurred.
Pension costs and other post-retirement benefits
Thecharitablecompanyoperatesa definedcontributionpensionscheme.Contributionspayable to
the charitablecompany'spensionschemeare chargedto the Statementof FinancialActivitiesin the
period to which they relate.
Theliabilityandexpenseisallocatedtospecificprojectsandactivitiesandbetweenrestricted and
unrestricted funds on a time spent basis.
Debtors and creditors
Debtors and Creditors are measured at transaction price, less any impairment.
2. DONATIONS AND LEGACIES
Donations
Gift aid
Legacies
OTHER TRADING ACTIVITIES
Other |
31.3.23
£
51,132
750
10,000
61,882
31.3.23
£
8,910 |
31.3.22
£
15,069
(140)
1,387
16,316
31.3.22
£
12,116 |
|
|
|
3. OTHER TRADING ACTIVITIES
continued...
Page 16
Burton & District Mind
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
4. INVESTMENT INCOME
INVESTMENT INCOME |
|
|
Deposit account interest
INCOME FROM CHARITABLE ACTIVITIES
Activity
Grants
Charitable activities
Contract income
Charitable activities |
31.3.23
£
1,252
31.3.23
£
45,929
891,715
937,644 |
31.3.22
£
12
31.3.22
£
112,103
275,829 |
|
|
387,932 |
5. INCOME FROM CHARITABLE ACTIVITIES
Grantsof£45,929(2022:£112,103)comprise£9,000fromNationalMindEFLGrantfortheWalk &
TalkFootballprogramme(2022:nil),£1,125inrespectofaTescoCommunityGrantfor the
Mindfulnesssessions(2022:nil),£750forHealthwatchyoungpersons(2022:£750), £4,903
(2022:nil)in respectof a NationalMindOrganisational& DevelopmentGrantto employa part time
fundraiser and £30,150 from National Mind for the mentor project (2022: £99,793).
Inthepreviousyeartherewerealsothefollowinggrants,noneofwhichwerereceivedinthe year
ending31March2023.£6,360forcomplimentarytherapy,£2,000fromtheDuchyof Lancaster
fund, £3,000 from National Mind CRM fund and a sundry grant of £200 from National Mind.
6. CHARITABLE ACTIVITIES COSTS
The costs relating to the charitable activities of the company were £700,121 (2022: £439,830).
7. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
|
31.3.23 |
31.3.22 |
|
£ |
£ |
Other operating leases |
14,231 |
9,511 |
continued...
Page 17
Burton & District Mind
Notes to the Financial Statements - continued
for the Year Ended 31 March 2023
8. TRUSTEES' REMUNERATION AND BENEFITS
Therewerenotrustees'remunerationorotherbenefitsfortheyearended31March2023nor for
the year ended 31 March 2022.
Trustees' expenses
Therewerenotrustees'expensespaidfortheyearended31March2023norfortheyear ended
31 March 2022.
9. STAFF COSTS
Wages and salaries
Social security costs
Other pension costs |
31.3.23
£
334,548
21,761
16,517
372,826 |
31.3.22
£
291,758
19,666
9,642 |
|
|
321,066 |
The average monthly number of employees during the year was as follows:
Senior Management
Counsellors
Project Workers/Support Roles
Recovery Workers |
31.3.23
4
8
5
3
20 |
31.3.22
4
5
4
-
13 |
|
|
|
No employees received emoluments in excess of £60,000.
10. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
Unrestricted
funds
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
15,816
Charitable activities
Charitable activities
97,429
Other trading activities
12,116
Investment income
12
Total
125,373 |
Restricted
fund
£
500
290,503
-
-
291,003 |
Total
funds
£
16,316
387,932
12,116
12 |
|
|
416,376 |
EXPENDITURE ON
continued...
Page 18
Burton & District Mind
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
10.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
Unrestricted
Restricted
funds
fund
£
£
Charitable activities
Charitable activities
204,821
235,009
NET INCOME/(EXPENDITURE)
(79,448)
55,994
Transfers between funds
53,137
(53,137)
Net movement in funds
(26,311)
2,857
RECONCILIATION OF FUNDS
Total funds brought forward
159,242
34,750
TOTAL FUNDS CARRIED FORWARD
132,931
37,607
11.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23
£
Prepayments and accrued income
69,101
12.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23
£
Trade creditors
46,881
Accruals and deferred income
73,482
120,363
13.
LEASING AGREEMENTS
Minimum lease payments under non-cancellable operating leases fall due as follows:
31.3.23
£
Within one year
750 |
|
Total
funds
£
439,830
(23,454)
-
(23,454)
193,992
170,538
31.3.22
£
31,374
31.3.22
£
4,512
50,403
54,915
31.3.22
£
750 |
|
|
|
|
|
|
continued...
Page 19
Burton & District Mind
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
14. MOVEMENT IN FUNDS
Net
movement
At 1.4.22
in funds
£
£
Unrestricted funds
General fund
68,567
(23,229)
Designated
64,364
24,112
132,931
883
Restricted funds
Restricted
37,607
308,684
TOTAL FUNDS
170,538
309,567
Net movement in funds, included in the above are as follows:
Incoming
resources
£
Unrestricted funds
General fund
82,651
Designated
166,162
248,813
Restricted funds
Restricted
760,875
TOTAL FUNDS
1,009,688 |
|
Transfers
between
funds
£
70,768
41,352
112,120
(112,120)
-
Resources
expended
£
(105,880)
(142,050)
(247,930)
(452,191)
(700,121) |
At
31.3.23
£
116,106
129,828
245,934
234,171
480,105
Movement
in funds
£
(23,229)
24,112
883
308,684
309,567 |
|
|
|
|
|
|
|
|
continued...
Page 20
Burton & District Mind
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
14. MOVEMENT IN FUNDS - continued
Comparatives for movement in funds
Unrestricted funds
General fund
Designated
Restricted funds
Restricted
TOTAL FUNDS |
At 1.4.21
£
70,009
89,233
159,242
34,750
193,992 |
Net
movement
in funds
£
(51,945)
(27,503)
(79,448)
55,994
(23,454) |
Transfers
between
funds
£
50,504
2,633
53,137
(53,137)
- |
At
31.3.22
£
68,568
64,363 |
|
|
|
|
132,931
37,607 |
|
|
|
|
170,538 |
Comparative net movement in funds, included in the above are as follows:
Unrestricted funds
General fund
Designated
Restricted funds
Restricted
TOTAL FUNDS |
Incoming
resources
£
36,809
88,564
125,373
291,003
416,376 |
Resources
Movement
expended
in funds
£
£
(88,754)
(51,945)
(116,067)
(27,503)
(204,821)
(79,448)
(235,009)
55,994
(439,830)
(23,454) |
|
|
|
continued...
Page 21
Burton & District Mind
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
14. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
Unrestricted funds
General fund
Designated
Restricted funds
Restricted
TOTAL FUNDS |
At 1.4.21
£
70,009
89,233
159,242
34,750
193,992 |
Net
movement
in funds
£
(75,174)
(3,391)
(78,565)
364,678
286,113 |
Transfers
between
funds
£
121,272
43,985
165,257
(165,257)
- |
At
31.3.23
£
116,107
129,827 |
|
|
|
|
245,934
234,171 |
|
|
|
|
480,105 |
Acurrentyear12monthsandprioryear12monthscombinednetmovementinfunds,included in
the above are as follows:
Unrestricted funds
General fund
Designated
Restricted funds
Restricted
TOTAL FUNDS |
Incoming
resources
£
119,460
254,726
374,186
1,051,878
1,426,064 |
Resources
expended
£
(194,634)
(258,117)
(452,751)
(687,200)
(1,139,951 ) |
Movement
in funds
£
(75,174)
(3,391)
(78,565)
364,678
286,113 |
|
|
|
|
continued...
Page 22
Burton & District Mind
Notes to the Financial Statements - continued for the Year Ended 31 March 2023
15. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2023.
Page 23
Burton & District Mind
Detailed Statement of Financial Activities
for the Year Ended 31 March 2023
INCOME AND ENDOWMENTS
Donations and legacies
Donations
Gift aid
Legacies
Other trading activities
Other
Investment income
Deposit account interest
Charitable activities
Grants
Contract income
Total incoming resources
EXPENDITURE
Charitable activities
Wages
Social security
Pensions
Other operating leases
Rates and water
Insurance
Light and heat
Telephone
Postage and stationery
Advertising
Sundries
Professional fees
Computer expenses
Counselling
Carried forward |
31.3.23
£
51,132
750
10,000
61,882
8,910
1,252
45,929
891,715
937,644
1,009,688
334,548
21,761
16,517
14,231
710
3,360
1,727
4,865
3,584
693
2,509
12,590
11,498
15,645
444,238 |
31.3.22
£
15,069
(140)
1,387
16,316
12,116
12
112,103
275,829
387,932
416,376
291,758
19,666
9,642
9,511
586
1,559
1,637
2,330
2,054
436
928
4,875
11,300
21,972
378,254 |
|
|
|
This page does not form part of the statutory financial statements
Page 24
Burton & District Mind
Detailed Statement of Financial Activities for the Year Ended 31 March 2023
Charitable activities
Brought forward
Consultants/supplies/ expenditure
Staff expenses
Volunteer expenses
Training
Subscriptions
Audit & Accountancy fees
Total resources expended
Net income/(expenditure) |
31.3.23
£
444,238
239,117
5,176
436
3,722
232
7,200
700,121
700,121
309,567 |
31.3.22
£
378,254
56,813
1,934
1,215
579
1,035
-
439,830
439,830
(23,454) |
|
|
|
This page does not form part of the statutory financial statements
Page 25