**REGISTERED COMPANY NUMBER: 07552434 (England and Wales) REGISTERED CHARITY NUMBER: 1140856**
## **REPORT OF THE TRUSTEES AND**
**AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 FOR**
## **TYNESIDE AND NORTHUMBERLAND MIND**
Read, Milburn & Co Chartered Accountants and Statutory Auditors 71 Howard Street North Shields Tyne and Wear NE30 1AF
**TYNESIDE AND NORTHUMBERLAND MIND**
## **CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024**
||**Page**|
|---|---|
|**Chief Executive Officer's Report**|1|
|**Report of the Trustees**|2 to 8|
|**Report of the Independent Auditors**|9 to 11|
|**Statement of Financial Activities**|12|
|**Balance Sheet**|13|
|**Cash Flow Statement**|14|
|**Notes to the Financial Statements**|15 to 29|
## **TYNESIDE AND NORTHUMBERLAND MIND**
## **CHIEF EXECUTIVE OFFICER'S REPORT FOR THE YEAR ENDED 31 MARCH 2024**
This year has proved to be a challenging year not just for Tyneside and Northumberland Mind but also for the charity sector as a whole. The fallout from the pandemic and the cost-of-living crisis have continued to impact us and have left so many people struggling with mental health, which has meant a rise in demand for our services.
We launched our three-year strategy and invested in our Theory of Change, which recognises the core of the impact of our work to demonstrate the diverse and improved mental health experience of people we support. We have been focusing on investing in new processes, fixing and growing, to give us the foundations so we can achieve our new ambitious strategic objectives.
In 2023/2024 we provided in-depth local support to 2,363 people, took 3,819 calls to our Support Line, and delivered 1,443 hours of training. Our social media platforms reached a staggering 134,252 people, helping and supporting even more people than last year.
With financial reserves, and strong collaborative relationships and partners growing our confidence, we are pleased to be investing in a three-year business model. At its heart and soul is specialist and targeted mental health support for local people reflecting their experience in all its diversity, new partnerships and market ventures, investment in technical and data capabilities to learn and grow and supporting and developing our 45 strong workforce who deliver with expertise and passion.
We have continued with our work to become a fully anti-racist, equitable and inclusive organisation and invested in this substantial programme of work. Funded by National Mind and an initial NHS grant, a fulltime manager is ensuring that equity and inclusion sits at the heart of all we do; from our strategic plans to our grass roots services: ensuring that we drive long-term culture change in our organisation, create meaningful reach and connection into communities who are underrepresented and don't have the privilege or access to mental health services. This has had a powerful impact on our organisation increasing our confidence, understanding and awareness and ensuring the voice of lived experience across the organisation informs our priorities. We are proud to reflect our inclusive and learning approach across all we do.
In an uncertain climate our statutory contracts remained stable, and we continued to develop our paid-for services offering training and education as workplaces and businesses prioritised staff wellbeing and mental health.
Our dedicated team of volunteer fundraisers and fundraising manager facilitated a huge calendar of events throughout the year raising £131,783 of unrestricted income for the charity, a fantastic achievement.
As we look forward to next year, we will be moving offices from our registered office at Mea House to another City Centre location, this will be another exciting chapter for Tyneside and Northumberland Mind. We will continue our work to achieve our strategic objectives and our vision that everyone with a mental health issue to be in control of their own lives and get the support they need from people they trust.
All this would not be possible without the help of everyone who supports us from our team, volunteers, trustees, stakeholders, supporters, donors and grant funders.
I want to sincerely thank everyone who has helped and supported us, we couldn't do what we do without you. Thank you.
Alex Wilson
Page 1
**TYNESIDE AND NORTHUMBERLAND MIND**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 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 31 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).
## **OBJECTIVES AND ACTIVITIES**
## **Our Mission**
Working together to make people and our communities stronger and healthier through education, training and support for mental health and wellbeing.
## **Our Vision**
To be the most trusted mental health and wellbeing charity.
## **Our Values**
Collaborative - we collaborate and work together Accessible - we are accessible and approachable for all Respectful - we are respectful and inclusive of everyone Empowering - we empower you to be the best you want to be Supportive - we support our clients through high quality services and partnerships
The Board said goodbye to some members this year, and new members joined us. All Board members share a passion for improving mental health and wellbeing and bring a diverse range of skills and experiences to our work. We thank them for the support they have given freely to our clients and service users, our organisation, our staff team, and to the Chair.
As well as our strategic role in setting the direction and framework for Tyneside & Northumberland Mind, we have monitored the key risks (using our strategic risk register) and our financial situation closely during the year, as well as overseeing the performance and development of our work.
## **Public benefit**
The Charity's objects are, for the benefit of the public generally, both in the United Kingdom and overseas and, in particular, the inhabitants of Tyne and Wear and Northumberland and its surrounding areas:
- to promote the preservation of good mental health in particular by enabling and empowering everyone experiencing mental health problems to live with, manage and recover from their condition; and
- to relieve the needs of people with mental health problems by working to increase the understanding of mental health and mental health problems by gathering and disseminating information and working to raise awareness, promote understanding and challenge stigma and discrimination.
The Trustees confirm that they have complied with the requirements of section 17 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.
Page 2
**TYNESIDE AND NORTHUMBERLAND MIND**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024**
## **ACHIEVEMENT AND PERFORMANCE**
We took part in The Baton of Hope UK Tour in June, which was designed to be the biggest suicide awareness and prevention initiative the UK has ever seen. It opened up conversations and prompt appropriate actions and support. The Baton was carried along a route by family and friends bereaved by suicide and also organisations that support the campaign and dedicate their work to helping people, families and communities with their mental health.
As usual, we took part in Northern Pride, demonstrating our commitment to improving the mental health of LGBTQIA+ people. We also showed our support by incorporating the Rainbow logo into our DE&I communications all year round.
As an inclusive employer we became a disability confident committed employer and included the Disability Confident Committed badge across all key communications. This clearly demonstrated our commitment to actions that support disabled people to work for us and access our services.
Our ACT service continued in Gateshead and Northumberland, exceeding all targets and consistently and continually demonstrating the need to offer immediate support over the phone. We also help those who do not meet the threshold for crisis services and are extremely vulnerable with our High Intensity Service in Gateshead and Northumberland. The Support Line is our 'front door' to the communities we support and the High Intensity Service supporting those who previously fell through the cracks of other statutory services.
Our Autism and ADHD project in Gateshead - named Triple A (AAA) by group members - opened in June and was a priority area. This was initially funded by National Mind.
We also completed a significant amount of planning internally with the development and launch of our strategic plan and Theory of Change, an organisational-wide HR review, and work to make the organisation more diverse and inclusive, celebrating the progress we have made in Diversity, Equity and Inclusion (DE&I).
Our ReVOC project (operational since 2015), expanded its geographical area to encompass the whole Northumbria region. This has allowed us to continue our work with victims of crime, where it has impacted on their mental health. The project works with all levels of crime ranging from criminal damage to attempted murder, with a flexible service, over the telephone and face-to-face, providing emotional and practical support around crime and mental health. This early access to counselling is invaluable as waiting lists for clinical services can be lengthy, often increasing the impact of the crime on the client's mental health.
Page 3
## **TYNESIDE AND NORTHUMBERLAND MIND**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024**
## **FINANCIAL REVIEW**
Income of £1,184,856 (2023 £1,282,307) was generated in the year. £235,356 (2023 242,042) of this income related to restricted funds. An operating deficit of £127,055 (2023 surplus of £130,973) was reported in this financial year, decreasing total funds carried forward to £461,496 (2023 - £588,551). This deficit was a decrease of £258,028 on the previous financial year. The free reserves of the charity amounted to £447,391 (2023 £382,769). Full details of the results for the year can be found on page 12.
## **Policy on reserves**
At the year end, free reserves were £447,391 (2023 £382,769) an increase of £64,622 in the year. The Trustees' focus is to continue to work with funders to budget future surpluses in order to provide improved organisational sustainability, support our future strategic plan and to maintain a free reserves policy of 6 months operating costs as agreed by the Board, the charity is on track to achieve this target. Designated funds are maintained for future project delivery and to support organisational development. The reserves position will be reviewed annually by the Board to maintain free reserves in line with the agreed reserves policy.
## **Going concern**
The financial statements have been prepared on a going concern basis as the Trustees believe that no material uncertainties exist. The Trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. Annual budgets are monitored on a monthly basis. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern.
## **PLANS FOR THE FUTURE**
In the coming year we will take part in a comprehensive quality review of our services, governance and organisational development by National Mind. We are current proud holders of the Mind Quality Mark (MQM), which was awarded to us in 2020 and we look forward to discussing our many changes and improvements with the assessors, hopefully leading to the awarding of the MQM again next year.
We will continue to work with our South Asian communities to contribute to developing strategy and services for improving mental health care for local South Asian women and empower participants to share their voice and contribute to change in our local mental health service provision. We will continue to support this work to understand issues that affect women from these least advantaged communities, who have experienced health inequalities.
We will design and move to our new offices at Tru-Knit House, Carliol Square, helping our mission to support the local community. We will design the new office space to be multi-functional, with one-to-one counselling rooms, a large training facility and a fantastic space for wellbeing groups and fundraising activities, all of which will help us deliver our services in the city centre.
Page 4
**TYNESIDE AND NORTHUMBERLAND MIND**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT**
## **Nature of governing document**
Tyneside and Northumberland Mind is a company limited by guarantee (registered number 07552434) and a registered charity (registered number 1140856), affiliated to the national charity Mind. Tyneside and Northumberland Mind is directed by a Board of Trustees, which is responsible for ensuring that the organisation meets all its statutory, contractual, and social obligations.
Tyneside and Northumberland Mind is governed by a constitution that is common to all affiliated associations of the national charity Mind. It is a condition of affiliation to national Mind that Tyneside and Northumberland Mind adopts this constitution as its basic governing document. The document includes details governing the conduct of trustee meetings and the selection and appointment of Trustees and officers of the charity.
## **Recruitment and appointment of Trustees**
The Trustees are drawn from a wide range of backgrounds and ideally have an interest in mental health issues and/or lived experience. All Trustee posts are advertised. Where there is more than one applicant for each vacancy, interviews will be held, including with service users and or/members of the Lived Experience Group. Potential new Trustees must provide a C.V. and set out why they wish to become a Trustee of Tyneside and Northumberland Mind. Applicants are interviewed by the Chair and attend a Board meeting as an Observer to ensure they agree with the Vision, Mission and Values of the charity. If they are deemed to be a good fit then they are appointed by the Board, subject to checks on ability to serve as Directors and Trustees.
Trustees must retire on the third anniversary of appointment but may be reappointed for a consecutive period. A Trustee who has served for nine years or more consecutively may not be reappointed until the anniversary of their retirement except in exceptional circumstances.
## **Induction and training of Trustees**
Our process is intended to ensure inclusion, provide the right skills mix and also provide a balanced and functional Board. The recruitment process forms part of induction to our organisation.
1. Chief Executive and Chair provide regular support and learning opportunities to new Trustees.
2. Trustee training is incorporated into the Board meetings.
3. Trustees undertake a self-appraisal process with the Chair on an annual basis.
4. All Trustees are afforded the opportunity to visit the bases and projects of the organisation.
## **Key Management Personnel**
The Board give their time freely and no Trustees received remuneration in the year. They have considered who the Key Management Personnel (KMP) of the charity are, as noted in the Reference and Administration section. Together with the Board, these KMP are those in charge of directing and controlling, running, and operating the activities of the charity on a day-to-day basis. The pay of the KMP is reviewed as judged appropriate and normally increased with reference to annual earnings. The Trustees benchmark against pay levels of other charities and similar organisations within the sector and the region. Pay levels are set using this information together with the budget and forecast information, ensuring that the charity can afford any proposed increases. The Board then agree any uplift to remuneration.
## **Organisational structure**
The Board of Trustees meets formally at least six times per year to conduct its business, but many additional, informal meetings take place between the Trustees, Chief Executive, staff, and volunteers to provide mutually beneficial support. Sub-groups are established as required to take forward specific pieces of work. Broadly, under the agreed scheme of delegation the Board of Trustees determines and approves all policies, and the Chief Executive and staff implement the policy.
Page 5
**TYNESIDE AND NORTHUMBERLAND MIND**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024**
## **STRUCTURE, GOVERNANCE AND MANAGEMENT - continued**
The day-to-day management of the charity is delegated to the Chief Executive under a scheme of delegation. She reports to the Board of Trustees. Performance management of the Chief Executive is the responsibility of the Chair. During informal interaction the Trustees take care to ensure that line management responsibilities are respected and used appropriately and that the Chief Executive receives management support only from the Chair (or a designated deputy), acting on behalf of the Board of Trustees.
## **Risk management**
Trustees are responsible for the overseeing of the risks faced by the charity, and review the risk register periodically. The risk register is completed by the CEO and Board of Trustees and addresses strategic and organisation wide risk. The CEO manages day to day risk, delegating to managers where appropriate and informing the Board of anything likely to become a strategic or fundamental risk.
Risks are identified, assessed and controls established throughout the year. Risk is managed under the headings of Financial, Governance, Compliance, Operational and Reputational Risks.
## **Fundraising disclosures**
The charity is required to report how it deals with fundraising from the public. The charity does not use a professional fundraiser or commercial participator to raise funds. Any monies raised direct from the public follows all guidelines set out by the Charity Commission and UK law in every respect. We respect the privacy and contact preferences of all public donors.
Thank you to those who have supported us financially and have raised funds for us, including:
|Alexandra pub, North Shields|Newcastle University Student Union|
|---|---|
|Allianz|Newcastle Youn Professionals Forum|
|Alnwick Medical Group|Northerly Swell Surfside Emporium|
|Aydac Limited|Northern Pride|
|Big Give Trust|North Tyne and Westholme FC|
|Breathe|Nuffield Health|
|Brewin Dolphin|Northern Spirit|
|Charity Escapes|Pat Ripley Trust|
|Community Foundation Tyne & Wear and|Police and Crime Commissioner for|
|Northumberland|Northumberland|
|Cramlington United FC|Ponteland Golf Club|
|David Lloyd Newcastle|R.W. Mann Trust|
|EE|Sir James Knott Trust|
|Equans|Team Build Construction|
|Eversheds|The Barbour Foundation|
|Fitness Corp|The Thirty Before Thirty Group|
|GMB|The Trusthouse Foundation|
|Hearth Group|Tynemouth Longsands Swimming Group|
|National Mind|Tyne Grange Care Home|
|NCL All Star Events|Wigs Place|
|Newcastle College|Wildflower Aesthetics Limited|
Page 6
**TYNESIDE AND NORTHUMBERLAND MIND**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024**
## **REFERENCE AND ADMINISTRATIVE DETAILS**
## **Registered Company number**
07552434 (England and Wales)
## **Registered Charity number**
1140856
## **Registered Office**
3rd Floor, Tru-Knit House, Carliol Square, Newcastle upon Tyne, NE1 6UF
## **Current Trustees**
L Cox - Chair F C O'Farrell T Clark C E Pegg D J Sayer K Jordan N Bradshaw (appointed 9 June 2023) B Martin (appointed 9 June 2023) M D Smith (appointed 28 March 2024)
## **Retiring Trustees**
L Vescio (retired 23 June 2023) K P Mukasa (appointed 9 June 2023, retired 25 July 2024) C Thornton (retired 15 March 2024 Z S Sattar (retired 14 November 2024)
## **Key Management Personnel**
A Wilson - Chief Executive Officer L Macdonald - Head of Wellbeing S Storey - Head of Operations (until March 2024) F O'Brien - Head of Business Development I Peel - Head of Finance E Charlton - Head of Training C Bramley-Cooke - Head of Services (from December 2023)
## **Bankers**
The Co-Operative Bank Plc, 86-86 Grey Street, Newcastle upon Tyne, NE1 6BZ Virgin Money Plc, Jubilee House, Gosforth, Newcastle upon Tyne, NE3 4PL
## **Auditor**
Read, Milburn & Co., 71 Howard Street, North Shields, NE30 1AF
Page 7
**TYNESIDE AND NORTHUMBERLAND MIND**
## **REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024**
## **STATEMENT OF TRUSTEES' RESPONSIBILITIES**
The trustees (who are also the directors of Tyneside And Northumberland Mind for the purposes of company law) are responsible for preparing the Annual Report 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.
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.
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**
In accordance with section 485 of the Companies Act 2006, a resolution for the re-appointment of Read, Milburn & Co. as auditors of the charity is to be proposed at the forthcoming Annual General Meeting.
Approved by order of the board of trustees on 28 November 2024 and signed on its behalf by:
Lynda Cox - Trustee
Page 8
**REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF TYNESIDE AND NORTHUMBERLAND MIND**
## **Opinion**
We have audited the financial statements of Tyneside And Northumberland Mind (the 'charitable company') for the year ended 31 March 2024 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law 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 2024 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**
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
## **Conclusions relating to going concern**
In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.
## **Other information**
The trustees are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon.
Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.
Page 9
**REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF TYNESIDE AND NORTHUMBERLAND 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 knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Trustees.
We have nothing to report in respect of the following matters where the Companies Act 2006 requires 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; or
- the trustees were not entitled to take advantage of the small companies exemption from the requirement to prepare a Strategic Report or in preparing the Report of the Trustees.
## **Responsibilities of trustees**
As explained more fully in the Statement of Trustees' Responsibilities, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for assessing the charitable company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.
Page 10
**REPORT OF THE INDEPENDENT AUDITORS TO THE MEMBERS OF TYNESIDE AND NORTHUMBERLAND MIND**
## **Our responsibilities for the audit of the financial statements**
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. In this regard, our procedures include the following:
- enquiry of management around actual and potential litigation and claims;
- reviewing minutes of meetings of those charged with governance;
- reviewing financial statement disclosures and testing to supporting documentation to assess compliance with applicable laws and regulations;
- auditing the risk of management override of controls, including through testing journal entries and other adjustments for appropriateness, and evaluating the business rationale of significant transactions outside the normal course of business;
- challenging assumptions and judgements made by management in their significant accounting estimates.
Because of the field in which the charity operates, we have identified the following areas as those most likely to have a material impact on the financial statements: Health and Safety; Employment Law; and compliance with the Companies and Charities Acts.
A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.
## **Use of our report**
This report is made solely to the charitable company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to state to them in an auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and the charitable company's members as a body, for our audit work, for this report, or for the opinions we have formed.
Nicholas J Liley (Senior Statutory Auditor) for and on behalf of Read, Milburn & Co Chartered Accountants and Statutory Auditors 71 Howard Street North Shields Tyne and Wear NE30 1AF
12 December 2024
Page 11
## **TYNESIDE AND NORTHUMBERLAND MIND**
## **STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING AN INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 31 MARCH 2024**
|Notes
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
3
Charitable activities
5
Other trading activities
4
**Total**
**EXPENDITURE ON**
Raising funds
6
Charitable activities
7
**Total**
**NET INCOME/(EXPENDITURE)**
**Transfers between funds**
18
**Net movement in funds**
**RECONCILIATION OF FUNDS**
Total funds brought forward
**TOTAL FUNDS CARRIED FORWARD**|Unrestricted
funds
£
135,031
812,928
1,541
949,500
5,155
1,001,429
1,006,584
(57,084)
(23,646)
(80,730)
518,978
438,248|Restricted
funds
£
235,356
-
-
235,356
-
305,327
305,327
(69,971)
23,646
(46,325)
69,573
23,248|2024
Total
funds
£
370,387
812,928
1,541
1,184,856
5,155
1,306,756
1,311,911
(127,055)
-
(127,055)
588,551
461,496|2023
Total
funds
£
424,391
857,482
434|
|---|---|---|---|---|
|||||1,282,307|
|||||4,375
1,146,959|
|||||1,151,334|
|||||130,973
-|
|||||130,973
457,578|
|||||588,551|
## **CONTINUING OPERATIONS**
All income and expenditure has arisen from continuing activities.
The notes form part of these financial statements
Page 12
## **TYNESIDE AND NORTHUMBERLAND MIND (REGISTERED NUMBER: 07552434)**
## **BALANCE SHEET 31 MARCH 2024**
|Notes
**FIXED ASSETS**
Tangible assets
13
**CURRENT ASSETS**
Debtors
14
Cash at bank and in hand
**CREDITORS**
Amounts falling due within one year
15
**NET CURRENT ASSETS**
**TOTAL ASSETS LESS CURRENT**
**LIABILITIES**
**PROVISIONS FOR LIABILITIES**
16
**NET ASSETS**
**FUNDS**
18
Unrestricted funds:
General fund
Designated fund - Future Project Delivery
Restricted funds
**TOTAL FUNDS**|2024
£
8,885
117,567
501,668
619,235
(148,596)
470,639
479,524
(18,028)
461,496
438,248
-
438,248
23,248
461,496|2023
£
11,209
172,335
511,971
684,306
(106,964)
577,342
588,551
-
588,551
393,978
125,000
518,978
69,573
588,551|
|---|---|---|
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 28 November 2024 and were signed on its behalf by:
Lynda Cox - Trustee
The notes form part of these financial statements
Page 13
## **TYNESIDE AND NORTHUMBERLAND MIND**
## **CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2024**
|Notes
**Cash flows from operating activities**
Cash generated from operations
21
Net cash used in operating activities
**Cash flows from investing activities**
Purchase of tangible fixed assets
Net cash used in 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**|2024
£
(7,858)
(7,858)
(2,445)
(2,445)
(10,303)
511,971
501,668|2023
£
(133,689)
(133,689)
(5,374)
(5,374)
(139,063)
651,034
511,971|
|---|---|---|
The notes form part of these financial statements
Page 14
**TYNESIDE AND NORTHUMBERLAND MIND**
**NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024**
## **1. LEGAL STATUS**
Tyneside and Northumberland Mind is a company limited by guarantee (no. 07552434) and not having share capital. In the event of the company being wound up, the liability in respect of the guarantee is limited to £1 per member of the charity.
The company's registered number and registered office address can be found within the Reference and Administrative Details section of the Trustees' Annual Report.
## **2. ACCOUNTING POLICIES**
## **Basis of preparing the financial statements**
The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention, with the exception of investments which are included at market value.
The presentation currency of the financial statements is the Pound Sterling (£).
## **Going concern**
The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financial statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern.
## **Funds**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charitable company and which have not been designated for other purposes.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors which have been raised by the company for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the financial statements.
Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements.
## **Incoming resources**
All income is recognised once the charity has entitlement to the income, it is probable that the income will be received and the amount of the income receivable can be measured reliably.
## **Donations and legacies**
Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance before the charity is entitled to the funds, the income is deferred and not recognised until after either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period.
Page 15
continued...
**TYNESIDE AND NORTHUMBERLAND MIND**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024**
## **2. ACCOUNTING POLICIES - continued**
Legacy gifts are recognised on a case by case basis following the grant of probate when the administrator/executor for the estate has communicated in writing both the amount and settlement date. In the event that the gift is in the form of an asset other than cash or a financial asset traded on a recognised stock exchange, recognition is subject to the value of the gift being reliably measurable with a degree of reasonable accuracy and the title to the asset having been transferred to the charity.
## **Grants receivable**
Grants are recognised when the charity has an entitlement to the funds and any conditions linked to the grants have been met. Where performance conditions are attached to the grant and are yet to be met, the income is recognised as a liability and included on the balance sheet as deferred income to be released.
## **Expenditure**
All expenditure is recognised once there is a legal or constructive obligation to the expenditure, it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregates similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use. Other support costs are allocated based on the spread of staff costs.
## **Raising funds**
These are costs incurred in attracting voluntary income and those incurred in trading activities that raise funds.
## **Charitable activities**
Charitable expenditure comprises those costs incurred by the charity in the delivery of 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 necessary to support them.
## **Support costs**
Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor area, or per capita, staff costs by the time spent and other costs by their usage.
## **Governance costs**
These include the costs attributable to the charity's compliance with constitutional and statutory requirements, including audit, strategic management and trustees meetings and reimbursed expenses.
## **Taxation**
The charity is considered to pass the tests set out in Schedule 6, Paragraph 1 of the 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 gains received or realised within categories covered by Part 11, Chapter 3 of the Corporation Taxes Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.
Page 16
continued...
**TYNESIDE AND NORTHUMBERLAND MIND**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024**
## **2. ACCOUNTING POLICIES - continued**
## **Tangible fixed assets**
Individual fixed assets costing £250 or more are initially recorded at cost, and subsequently measured at cost less accumulated depreciation and impairment losses.
## **Depreciation**
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:
Leasehold improvements Over life of lease Furniture and equipment 25% on cost
## **Investments**
Investments in subsidiaries are measured at cost less impairment.
## **Debtors**
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## **Cash and cash equivalents**
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
## **Creditors and provisions**
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
## **Leases**
Leases in which substantially all of the risks and rewards of ownership are retained by the lessor are classified as operating leases. Rentals payable under operating leases are charged in the Statement of Financial Activities on a straight-line basis over the term of the lease.
## **Financial instruments**
The charity has only 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 their settlement value.
## **Estimation uncertainty and judgements**
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported.
## **Pension costs and other post-retirement benefits**
The charity operates a defined contribution pension scheme which is a pension plan under which fixed contributions are paid into a pension fund and the charity has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
continued...
Page 17
**TYNESIDE AND NORTHUMBERLAND MIND**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024**
## **2. ACCOUNTING POLICIES - continued**
## **Pension costs and other post-retirement benefits**
Contributions to defined contribution plans are recognised in the Statement of Financial Activities when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
## **3. DONATIONS AND LEGACIES**
|Donations
Grants
Grants received, included in the above, are as follows:
Police and Crime Commissioner for Northumberland
Pears Foundation - DCMS Racial Equality Fund
Sir James Knott Trust
National Mind Co-op Resiliance Programme - Listen Out Local
NENC ICS Suicide Prevention Grant - Reaching Out - Blue Stone
Collaborative
North Tyneside Health Inequalities Fund
Trusthouse Foundation
Kerry Grant
Community Foundation Peabody
St Vincent de Paul
National Mind Diversity, Equality and Inclusion
Community Fund Charter for Change
National Mind Equity and Lived Experience
National Mind Refugees and Asylum Seekers
Community Foundation Tyne & Wear and Northumberland
The Barbour Foundation
R.W. Mann Trust|2024
£
131,784
238,603
370,387
2024
£
144,718
-
5,000
-
-
-
29,026
-
-
-
21,283
-
-
21,576
500
15,000
1,500
238,603|2023
£
191,084
233,307
424,391
2023
£
96,912
4,496
-
4,769
18,104
29,792
29,033
2,500
5,000
9,295
17,412
9,994
6,000
-
-
-
-
233,307|
|---|---|---|
continued...
Page 18
**TYNESIDE AND NORTHUMBERLAND MIND**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024**
|**4.**
**OTHER TRADING ACTIVITIES**
Sales of goods and services
**5.**
**INCOME FROM CHARITABLE ACTIVITIES**
Wellbeing
Counselling
£
£
Contract
33,866
720,291
Other training income
-
-
33,866
720,291
Income from contracts, included in the above, is as follows:|Training
£
-
58,771
58,771|2024
£
1,541
2024
Total
activities
£
754,157
58,771
812,928|2023
£
434
2023
Total
activities
£
820,040
37,442
857,482|
|---|---|---|---|
|Newcastle City Council
NHS Newcastle Gateshead CCG
Gateshead Council
NHS Northumberland CCG
South Tyneside Training Hub
Talking Matters
NHS CCG CYP Contract
Mental Health Concern - SMI
Everyturn SMI
Social Prescribing Link Worker
Other|2024
£
47,192
509,268
33,866
65,040
-
36,378
-
-
49,956
10,281
2,176
754,157|2023
£
52,988
569,961
33,866
63,884
22,534
25,800
38,004
12,489
-
-
514|
|---|---|---|
|||820,040|
continued...
Page 19
**TYNESIDE AND NORTHUMBERLAND MIND**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024**
|**6.**
**RAISING FUNDS**
**Raising donations and legacies**
Fund raising expenses
**7.**
**CHARITABLE ACTIVITIES COSTS**
Direct
Costs
£
Wellbeing
362,226
Counselling
773,505
Training
92,387
1,228,118
**8.**
**SUPPORT COSTS**
Other
£
Wellbeing
4,463
Counselling
60,675
Training
7,247
72,385
**9.**
**NET INCOME/(EXPENDITURE)**
Net income/(expenditure) is stated after charging/(crediting):
Auditors' remuneration
Depreciation - owned assets|2024
£
5,155
Support
costs (see
note 8)
£
4,849
65,916
7,873
78,638
Governance
costs
£
386
5,241
626
6,253
2024
£
5,004
4,769|2023
£
4,375
Totals
£
367,075
839,421
100,260
1,306,756
Totals
£
4,849
65,916
7,873
78,638
2023
£
5,799
3,838|2023
£
4,375
Totals
£
367,075
839,421
100,260
1,306,756
Totals
£
4,849
65,916
7,873
78,638
2023
£
5,799
3,838|
|---|---|---|---|
|||||
|||||
continued...
Page 20
**TYNESIDE AND NORTHUMBERLAND MIND**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024**
## **10. TRUSTEES' REMUNERATION AND BENEFITS**
There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.
## **Trustees' expenses**
There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.
## **11. STAFF COSTS**
|**STAFF COSTS**|||
|---|---|---|
|Wages and salaries
Social security costs
Other pension costs|2024
£
869,655
70,153
44,933
984,741|2023
£
751,642
54,645
45,100|
|||851,387|
The average monthly number of employees during the year was as follows:
|Counselling
Wellbeing
Administration
Management|2024
23
10
5
6
44|2023
20
9
4
6|
|---|---|---|
|||39|
The number of employees whose employee benefits (excluding employer pension costs) exceeded £60,000 was:
|||2024|2023|
|---|---|---|---|
|£60,001|- £70,000|1|-|
The key management personnel of the charity comprise the Chief Executive Officer and the Senior Management Team. The total employee benefits of the key management personnel of the charity were £247,600 (2023 - £208,862)
continued...
Page 21
**TYNESIDE AND NORTHUMBERLAND MIND**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024**
|**12.**
**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**
Unrestricted
Restricted
funds
funds
£
£
**INCOME AND ENDOWMENTS FROM**
Donations and legacies
182,989
241,402
**Charitable activities**
Wellbeing
33,866
-
Counselling
763,640
-
Training
58,976
1,000
Other trading activities
434
-
**Total**
1,039,905
242,402
**EXPENDITURE ON**
Raising funds
4,375
-
**Charitable activities**
Wellbeing
48,897
274,759
Counselling
707,904
-
Training
114,109
1,290
**Total**
875,285
276,049
**NET INCOME/(EXPENDITURE)**
164,620
(33,647)
**Transfers between funds**
(10,324)
10,324
**Net movement in funds**
154,296
(23,323)
**RECONCILIATION OF FUNDS**
Total funds brought forward
364,682
92,896
**TOTAL FUNDS CARRIED**
**FORWARD**
518,978
69,573|Total
funds
£
424,391
33,866
763,640
59,976
434|
|---|---|
||1,282,307|
||4,375
323,656
707,904
115,399|
||1,151,334|
||130,973
-|
||130,973
457,578|
||588,551|
continued...
Page 22
**TYNESIDE AND NORTHUMBERLAND MIND**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024**
## **13. TANGIBLE FIXED ASSETS**
|**13.**|**TANGIBLE FIXED ASSETS**|||||
|---|---|---|---|---|---|
|||Improvements||
Furniture||
|||to||and||
|||property||equipment|Totals|
|||£||£|£|
||**COST**|||||
||At 1 April 2023|13,564||63,109|76,673|
||Additions||-|2,445|2,445|
||At 31 March 2024|13,564||65,554|79,118|
||**DEPRECIATION**|||||
||At 1 April 2023|13,564||51,900|65,464|
||Charge for year||-|4,769|4,769|
||At 31 March 2024|13,564||56,669|70,233|
||**NET BOOK VALUE**|||||
||At 31 March 2024||-|8,885|8,885|
||At 31 March 2023||-|11,209|11,209|
|**14.**|**DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||||
|||||2024|2023|
|||||£|£|
||Trade debtors|||45,880|147,888|
||Prepayments and accrued income|||71,687|24,447|
|||||117,567|172,335|
|**15.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR**|||||
|||||2024|2023|
|||||£|£|
||Trade creditors|||18,117|18,349|
||Social security and other taxes|||13,255|15,586|
||Other creditors|||5,269|5,192|
||Accruals and deferred income|||111,955|67,837|
|||||148,596|106,964|
||Included within Accruals and Deferred Income are the following amounts|||comprising income received||
||in advance of delivery of the related services or expenditure incurred.|||||
||||||£|
||Balance at 1 April 2023||||37,467|
||Released to income from charitable activities||||(37,467)|
||Amount deferred in year||||74,084|
||Balance at 31 March 2024||||74,084|
continued...
Page 23
**TYNESIDE AND NORTHUMBERLAND MIND**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024**
## **16. PROVISIONS FOR LIABILITIES**
Provisions
|2024
£
18,028|2023
£
-|
|---|---|
A provision is recognised for the tax and national insurance relating to previously undeclared private medical insurance paid for on behalf of employees, comprising the employer's and employees' contributions and related interest and penalties.
## **17. ANALYSIS OF NET ASSETS BETWEEN FUNDS**
|Unrestricted
funds
£
Fixed assets
8,885
Current assets
595,987
Current liabilities
(148,596)
Provision for liabilities
(18,028)
438,248|Restricted
funds
£
-
23,248
-
-
23,248|2024
Total
funds
£
8,885
619,235
(148,596)
(18,028)
461,496|2023
Total
funds
£
11,209
684,306
(106,964)
-
588,551|
|---|---|---|---|
## **18. MOVEMENT IN FUNDS**
|**Unrestricted funds**
General fund
Designated fund - Future Project
Delivery
**Restricted funds**
Safe Spaces and Wellbeing
North Tyneside Health Inequalities
Fund
REVOC
Family Support North Northumberland
Programme
Diversity, Equity and Inclusion
Programme
National Mind Equity and Lived
Experience
National Mind Refugees and Asylum
Seekers Mental Health Support Fund
**TOTAL FUNDS**|At 1/4/23
£
393,978
125,000
518,978
6,116
16,389
3,679
17,068
20,321
6,000
-
69,573
588,551|Net
movement
in funds
£
67,916
(125,000)
(57,084)
4,612
(16,467)
5,157
(33,649)
(20,321)
(6,117)
(3,186)
(69,971)
(127,055)|Transfers
between
funds
£
(23,646)
-
(23,646)
-
78
-
20,265
-
117
3,186
23,646
-|At
31/3/24
£
438,248
-
438,248
10,728
-
8,836
3,684
-
-
-
23,248
461,496|
|---|---|---|---|---|
continued...
Page 24
**TYNESIDE AND NORTHUMBERLAND MIND**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024**
## **18. MOVEMENT IN FUNDS - continued**
Net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
Designated fund - Future Project
Delivery
**Restricted funds**
Safe Spaces and Wellbeing
North Tyneside Health Inequalities
Fund
REVOC
Family Support North Northumberland
Programme
Diversity, Equity and Inclusion
Programme
National Mind Equity and Lived
Experience
National Mind Refugees and Asylum
Seekers Mental Health Support Fund
**TOTAL FUNDS**|Incoming
resources
£
949,500
-
949,500
23,470
-
140,001
29,026
21,283
-
21,576
235,356
1,184,856|Resources
expended
£
(881,584)
(125,000)
(1,006,584)
(18,858)
(16,467)
(134,844)
(62,675)
(41,604)
(6,117)
(24,762)
(305,327)
(1,311,911)|Movement
in funds
£
67,916
(125,000)
(57,084)
4,612
(16,467)
5,157
(33,649)
(20,321)
(6,117)
(3,186)
(69,971)
(127,055)|
|---|---|---|---|
Page 25
continued...
**TYNESIDE AND NORTHUMBERLAND MIND**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024**
## **18. MOVEMENT IN FUNDS - continued**
## **Comparatives for movement in funds**
|**Unrestricted funds**
General fund
Designated fund - Future Project
Delivery
**Restricted funds**
Safe Spaces and Wellbeing
North East and North Cumbria Suicide
Prevention Network
North Tyneside Health Inequalities
Fund
Sally Allan
National Mind Emergency IT &
Digital Transformation
REVOC
Family Support North Northumberland
Programme
Diversity, Equity and Inclusion
Programme
National Mind Equity and Lived
Experience
**TOTAL FUNDS**|At 1/4/22
£
239,682
125,000
364,682
16,971
12,465
-
5,351
250
1,092
28,431
28,336
-
92,896
457,578|Net
movement
in funds
£
164,620
-
164,620
(25,905)
(12,465)
16,389
1,334
(250)
2,587
(11,363)
(9,974)
6,000
(33,647)
130,973|Transfers
between
funds
£
(10,324)
-
(10,324)
15,050
-
-
(6,685)
-
-
-
1,959
-
10,324
-|At
31/3/23
£
393,978
125,000
518,978
6,116
-
16,389
-
-
3,679
17,068
20,321
6,000
69,573
588,551|
|---|---|---|---|---|
Page 26
continued...
**TYNESIDE AND NORTHUMBERLAND MIND**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024**
## **18. MOVEMENT IN FUNDS - continued**
Comparative net movement in funds, included in the above are as follows:
|**Unrestricted funds**
General fund
**Restricted funds**
Safe Spaces and Wellbeing
North East and North Cumbria Suicide
Prevention Network
North Tyneside Health Inequalities
Fund
Sally Allan
National Mind Emergency IT &
Digital Transformation
REVOC
St Vincent de Paul
Family Support North Northumberland
Programme
Diversity, Equity and Inclusion
Programme
National Mind Equity and Lived
Experience
National Mind Blue Light Programme
**TOTAL FUNDS**|Incoming
resources
£
1,039,905
2,400
18,104
29,792
1,374
-
96,912
9,295
45,623
31,902
6,000
1,000
242,402
1,282,307|Resources
expended
£
(875,285)
(28,305)
(30,569)
(13,403)
(40)
(250)
(94,325)
(9,295)
(56,986)
(41,876)
-
(1,000)
(276,049)
(1,151,334)|Movement
in funds
£
164,620
(25,905)
(12,465)
16,389
1,334
(250)
2,587
-
(11,363)
(9,974)
6,000
-
(33,647)
130,973|
|---|---|---|---|
## **Designated Funds**
Future Project Delivery - The Trustees have determined to designate funds in order to help protect and enhance future project delivery.
## **Restricted Funds**
The specific purposes for which the funds are to be applied are as follows:
## **Safe Spaces and Wellbeing Services**
Funds and donations, including funds provided by Gateshead Council, to run a range of wellbeing groups including both facilitated and peer-led groups. Facilitated groups in North Tyneside, Hexham, South Tyneside, Newcastle, Alnwick and Berwick provide a safe space to access specialist wellbeing and mental health support, benefiting from group support and learning from the shared experiences of others. Groups explore a range of therapeutic interventions and wellbeing themes to empower clients to take care of their mental health in an environment where they feel safe and secure. In order to respond to the needs of the group access further specialisms, professionals from a range of disciplines may be brought in to enhance the client experience including a yoga teacher, sport coach and writers.
continued...
Page 27
**TYNESIDE AND NORTHUMBERLAND MIND**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024**
## **18. MOVEMENT IN FUNDS - continued**
Peer-led groups are focused on one area of wellbeing; creativity, physical activity and social connection, the group receives support from specialist knowledge and support along with peer-support and learning through shared lived experiences.
## **North Tyneside Health Inequalities Fund Programme**
A programme reducing health inequalities in order to support good mental health in North Tyneside via access to fitness spaces, equipment and resources. The project works with local gym facilities to support individuals to improve their physical fitness, reduce feelings of isolation, achieve higher levels of selfconfidence and improved mental health.
## **National Mind Emergency IT and Digital Transformation**
A grant to support investment in virtual software tools to assist staff working from home during the Covid 19 pandemic.
## **REVOC**
Resilience for Victims of Crime , funded by the Police and Crime Commissioner of Northumbria. Providing one to one support to adults whose mental health is affected due to them being a victim or witness of crime. Support is available in person and remotely.
## **St Vincent de Paul**
A community based mental health support programme designed to strengthen social connections, and inform and empower clients supported at St Vincents Centre, Newcastle upon Tyne.
## **Family Support and North Northumberland Programme**
To sustain and grow support for families living in isolated North Northumberland communities with their mental health and introducing tools and resources to help them manage their own wellbeing.
## **Diversity, Equity and Inclusion Programme - Charter for Change**
To put Diversity, Equity and Inclusion at the centre of the organisation's work acting on contributions from people with lived experience, particularly those from racialised and marginalised communities and working in partnership. We received funding from National Mind for our Charter for Change programme plus additional specific funding as follows:
## National Mind (Pears Foundation) Racial Equality Fund
To support people including those living in North Northumberland and to develop new partnerships with other organisations to deliver mental health support targeting those who can’t easily access services and support.
## National Lottery Awards For All
Breaking down barriers to accessing wellbeing and mental health services by and redesigning them alongside local communities with a particular focus on supporting the experience of South Asian women.
## **National Mind Equity and Lived Experience Fund - Triple A Programme**
To provide support for neurodivergent people based on an empowerment model and supporting the development of coping strategies to improve mental health experience.
## **National Mind Refugees & Asylum Seekers**
To provide mental health support for those living in Gateshead and Newcastle upon Tyne who are seeking sanctuary in the UK.
continued...
Page 28
**TYNESIDE AND NORTHUMBERLAND MIND**
## **NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024**
## **18. MOVEMENT IN FUNDS - continued**
## **Transfers between funds**
The transfers relate to the reallocation of amounts between projects with the same purpose. Transfers from unrestricted funds are to cover any expected shortfall in funding on the project.
## **19. EMPLOYEE BENEFIT OBLIGATIONS**
The charity operates a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the charity to the scheme and amounted to £44,933 (2023 - £45,100).
Contributions totalling £4,763 (2023 - £5,184) were payable to the scheme at the balance sheet date and are included in other creditors.
## **20. RELATED PARTY DISCLOSURES**
There were no related party transactions for the year ended 31 March 2024.
## **21. RECONCILIATION OF NET (EXPENDITURE)/INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES**
|**OPERATING ACTIVITIES**||||
|---|---|---|---|
|||2024|2023|
|||£|£|
|**Net (expenditure)/income for the reporting period (as per the**||||
|**Statement of Financial Activities)**||(127,055)|130,973|
|**Adjustments for:**||||
|Depreciation charges||4,769|3,838|
|Increase in provisions||18,028|-|
|Decrease/(increase) in debtors||54,768|(97,199)|
|Increase/(decrease) in creditors||41,632|(171,301)|
|**Net cash used in operations**||(7,858)|(133,689)|
|**ANALYSIS OF CHANGES IN NET FUNDS**||||
||At 1/4/23|Cash flow|At 31/3/24|
||£|£|£|
|**Net cash**||||
|Cash at bank and in hand|511,971|(10,303)|501,668|
||511,971|(10,303)|501,668|
|**Total**|511,971|(10,303)|501,668|
## **22. ANALYSIS OF CHANGES IN NET FUNDS**
Page 29