Docusign Envelope ID." 1C2800AM9A(k4794-8C97-753074E2D2FO Company No: 07693277 Charity No: 1143600 MIND IN FURNESS LIMITED IA COMPANY LIMITED BY GUARANTEE) REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
Docusign Envelope ID." 1C2800AM9A(k4794-8C97-753074E2D2FO MIND IN FURNESS LIMITED CONTENTS Pages Reference and adminislralive infom)atif Report of the trustees Independent examinerfs report to the truste Statement of financial adivities 10 Balance sheet Statement of cash flows 13 Notes lo the financial slalements 14
Docusign Envelope ID." 1C2800AM9A(k4794-8C97-753074E2D2FO MIND IN FURNESS LIMITED REFERENCE AND ADMINISTRATIVE INFORMATION (Registered Company Number.. 076932771 (Registered Charty Number.. 11436001 TnJsteeslDirectors Mr M Mahony (Chairl Mrs H Bingley (Vice Chair and Treasurer) Ms S Jackson MrDLeMa Dr A Page Mr K Murphy Mr S Blezard Secretary MrDLeMa Registered Office 64 School Street Barrow in Furness Cumbria LA14 1EW Indepenfjent Examiner Jack Sleer BAIHons) FCA MHA Chartered Accountsnts Kendal House MrY Moss Business Village Oxenholme Road Kendal Cumbria LA9 7RL Page 1
Docusign Envelope ID." 1C2800AM9A(k4794-8C97-753074E2D2FO MIND IN FURNESS LIMITED REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 The Trustees present their report and the financial statemen15 of the Charty for the year ended 31 March 2025. The trustees have adopted the provisions of the Stslemenl of Recommended Pra¢lice ISORPI 'AccoLJnting and Reporting by Charits'es. IFRS 1021 in preparing the annual report and financial statements of the charity- The financial statements have been prepared in accordance wth the accounting policies set out in the notes to the 8ccoun15 and cornply wlh the charrty's goveming document, the Charits"e5 Act 2011 and Accounting and Reporb"ng by Charities". Stslement of Recommended Practice applicable to charities preparing their accounts In accordance rith the Financial Reporb'ng Standard for Smaller Entities applicable in the UK and Republic of Ireland published in October 2019. Structure Govornancè and Managomènt Govarning Documant The organisation is a Iregisteredl charitsble company limited by guarantee govemed by its memorandum and articles of association. We work closely with Mind the leading mental health chanty in England and Wales as part of a federation structure bul are independently governed and independently funded. Other than this federation agreement and affiliation there are no connected charrties or branches. Tru$t•o8 of thè Charlty The directors of the charitable company are its trustees for the purkhxes of charity law. Listed below are the trustees who have served during the year and since the yearond. Michael Mahony (Chairl Helen Bingley {Ve Chair and Treasurer) Sheena Jackson David Le Mare Anthony Page Keith Murphy Shaun Blezard The trustees oversee the running ol the charity. The Chief Officer. Karen Dobson, is responsible for operational management and the execution of the Board's strategic plan and is a5Si5ted and supported by a management team consi51ing of an Office Manager, Service Managers and Shop Managers. A team of staff and volunteer5 delivers our day-Ick¢Jay services. The notes to the accounts disclose any transactions with trustees and related parties. The Trustee5 have had due regard to the guidance published by the Charity Commission on Public Benefit. Recrultment and Appolntm¢nt of Management Commlltse Existing TrusleeslDirectors as members of the organisation invite potentsal trustees to serve on the board. We invrte potential Trustees based on the skills required for the role and any noted skills gap on the board. They will complete an application and meet with the Chair and Chief Officer lo discuss the role and their suilabilty. They are invrted lo attend a Board meeting before being proposed and Sended * a trustee meeting by existing trustees and these appointments are offiaally confirmed at the AGM. Once appointed induction procedures are undertaken. Page 2
Docusign Envelope ID." 1C2800AM9A(k4794-8C97-753074E2D2FO MIND IN FURNESS LIMITED REPORT OF THE TRUSTEES (continued) FOR THE YEAR ENDED 31 MARCH 2025 Re¢ruitment and Appointment of the Management Committee l¢ontinuedl None of the Trustees hold beneficial interest in the company. All of the Trustees are members of the company and guarantee to contribute £1 in the event of winding up. Quality Managomènt Mind Quality Mark is a robust qualty assurance framework, bespoke to the needs of the Mind federation. It is a tool for organisational development, with holistic subject coverage, consisting 0120 stsndards, structured within four areas. It provide5 the impetus for relleclion and continuous Improvement, innovation and ambits"on, so that everyone with ment81 health problems gels respect and the support they need. Mind in Furne$$ successfully compleled our MQM in Odober 2022. This 1$ reviewed in a three yearfy cycle and we will begin our next review cycle in June 2025. Rl$k Managoment An organisalional Risk Analysis is collated and risk ralirwJ$ are applied lo all recognised risk., this is reviewed and updated al every trustee meetsng. This ensures the Iruslees are regularly assessing the major risks to which the charity 1$ exposed and are satisfièd that adequ8le systems are in place lo mrtigale any exp)sure lo the major risks. Oblectlve8 and Actlvlties The charity's objec15 are lo reduce mental health sb"gma, influence the shape of services and lo support and promote the interests of those who expenence mental health problems, their families, friends and supporters. Actlvltl•$ Using a psychovsocial model of delivery Mind in Fumes$ Limited offers'.- Wgllbglng Acllvltl Recovery Focu$e<l groups and a¢tivtties Advice, information and signposting Peer support Supported volunteering placements Counselling & Guided Setl Help Crisis Support included an evening and weekend service Training and Ants. Stigma Work Employment Assistance Offers Eco therapy opportunities Two charity shop5 (Mental Heatth on the High Street) Supported Housing Dispersed self-contained supported housing Page 3
Docusign Envelope ID." 1C2800AM9A(k4794-8C97-753074E2D2FO MIND IN FURNESS LIMITED REPORT OF THE TRUSTEES (continued) FOR THE YEAR ENDED 31 MARCH 2025 A¢tivitie$ {continuedl As well as providing a full range of activitses to improve resilience and coping skills to those experiencing poor mental health we also offer advice, information and a signposting service to the general public. Vve are active in all relevant local comrnunity nefv40rk5 and work in partnership wlh other local proje¢l$ and slatulory agencies lo ensure mental health is considered in all aspects of our local communities. The objects are met through the services delivered from the centres below. Wèllbèlng Cèntrè (Thè Willlam Blngl•y Cènts•. 64 S¢hool Str••t) The centre serves as a head office for all Mind in Fumess's services and the staff and volunteer team deliver a range of projects from this community-based ¢enlre, wth the overall aim of improving people's understanding and experiences of episodes of poor mental health. The William Bingley Wellbeing Centre has Iradilionally been open Monday lo Friday, delivering recovery focused services to anyblxly experiencing poor mentsl health or emotK)nal distress. From April 2022, however Mind in Furness was commissioned to deliver extended support., this service has slo¥My built up Since that period and now ensures we provide extended 5UPPOrt Olrt of the usual 9-5pm window. We are open Monday lo Friday 9am-10pm and Saturdays 11am-5pm. This service offers an atternative option lo A&E for mental health support. Ulvgrston We deliver a range of wellbeing services from our premises at 5 Upper Brook St in Ufverslon 2 days per week. Aclivilie5 include art classes, gardening, Men's Group. Women's Group and Peer Support. Mlllom We do not own any premises in Millom and rent space on a weekly basis to deliver our Safe Space Millom service. We currently use The Pensioners Association building known locally as The Tin Chapel. This service is well received and we work alon9side other local partners involved in the Wesl Cumbria Mental Health Partnership delivering support. Support•d Housing Following our strategic dKi$ion to remove ourselves from the provision of 2411 high level supported living being delivered from Coni5ton House in 2022, Mind in Furness conts'nues to provide supported housing from 4 flats on Sutherland Street. Barrow Furness (Restart Project) offenng housing related support to lenan15 Wlth mental health issues. Charlty 8hop8- Mental Health on the Hlgh Street Mind in Furness runs fv40 charity shops, one in Barrow and one in Millom. Up until November 24 both shops employed a part lime Manager and the rest of Ihe team are volunteers. With the retirement of our Barrow Shop Manager in November 2024. we have been developing a volunteer led Model for the shop. A5 well as raising funds and offering volunteering opportunities. these shops provide infomiation services on the high stet9 of Barrow and Millom for people with menlal healih problems. Any surplus profits generated after oper*ional costs are met are invested into delivering wellbeing services. The cost-of-living crisis has created a challenging environment, as costs rise, the amount of surplus fvnding reduces meaning the Board has to keep a c105e eye on the affordability of the shops, recogni5ed in our Tecenlly Teviewed lease agreements and in our desire to develop a volunteer led model in Barrow. The Trustees have paid due regard to guidance in section 17151 of the 2011 Chanties Act issued by the Charity Commission in deciding what activr(ies the charity should undertake. Page 4
Docusign Envelope ID." 1C2800AM9A(k4794-8C97-753074E2D2FO MIND IN FURNESS LIMITED REPORT OF THE TRUSTEES (continued) FOR THE YEAR ENDED 31 MARCH 2025 Financial Review MHA manage our accounting arrangements and we maintain QuickBooks intemally a$ a way of keeping our financial records. Our Office Manager is responsible for the day-tdaY financial aspects of the organisation, reporting to the CEO and the accounting arrangements are scrutinised by the Treasurer at Board level. In the last financial year we made some changes lo the way we record our QuickBooks information lo ensure trustees have infomiation to hand and we took guidance from MHA to look at how best to wnfigure our $ystem to improve access to infomiation. We have maintained accurate records arKI submitted project reports for fijnders. including budgetary information where this is required. Despite major financial challenges in Ihis year. we inrtiated a cosl-of-living increase across the whole staff team and honoured our commitment to ensure we pay our I0*st paid staff 2% above the minimum wage. Trustees are aware salary review must be an ongoing aim and as such the trustees have a commitrnent to review salaries annually and salarie5 will be sel al the start of the financial year. Trustees wll make decisions Dn rates of pay based on funding available and comparable local rates of pay. The legalty required pay Increases to minimum wage over the last three years had a signtficanl impact on our Stsffing costs and this will impact in future year's budgets. In April 2025 we will again increase salaries but are mindful that any charwes now reflect in fiJlure budgelg where funding is still uncertain, we have also had lo implement the govemments increase lo employers Nl which adds a considerable burden lo our stsffing ¢o$ls. We continue to deliver supported housing via our Sutherfand Street pr¢)perties in Barrow in Furness and we remain vigilant for development opportunities for expanding this type of dispersed housing further. Followng the cessation of the Primary Care Network funding for our Guided Self-help serviee across their footprint of Barrow and Millom. we were reludanl lo dose Ihi$ service and lose experienced $laff $0 we continued to self- fund in the hope we could attrad alternalive funding lor continuation of this valuable service. Funding bids were unsuccessfvl but we have been able to continue delivery into 202512026 with funding for delivery under the Workwell programme. The ongoin9 cost of living crisis followng on from the pandemic created a Challenging environment for our retail operations12 x Charity Shops) with rising utilities. other costs and salary increases impacting our surplus income levels. Maximising income, volunteer recruitment and keeping costs low continues to be a priority. We know our shops are valued in our community and the cost-of-living cnsis bnngs opportunities as well a5 obvious challenges so we have last year entered into new 5 years leases for both properties. In the light ol the increased expenditure and our desire lo maintain a high street presence we a reviewing our shop delivery model and consider how lo maximise in¢ome in 202512026. In Barrow the rebrement ol our Shop Manager led to new opportunities to explore a volunteer led model, early indications are that this is p)sitive. wth an expanded volunteer team and increased opening hour5, we have also started to sell goods via on line market places to enhance shop income we hope to end 202512026 with a retail surplus. The Grants and Foundation Trust landscape has become incredibly challenging with success rates falling, competition increasing and demand for fvnds increasing in some case by 3000% (Henry Smith Foundationl. This placed us under pressure in 202412025 when several funding streams had ceased and altematives were difficult lo secure. Some of our success in late 202412025 wll not affect our accounts.ng until 202512026. We responded to these funding challenges by reducing expenditure where we could. not recruiting for vacant posts reducing staff hours and investing from reserves to recruit a Community and Events Fundraiser who will look at increasing our community support and developing new events and corporate links. This is something that is showing some success but will take several years to grow and develop impactful income streams- we also recognise that this is highly ctsmpelilive eSpecllY in Barrow where there are large number of chanties and high levels of people living in deprived wards. We continue to pay back the bounce back loan we took out in 2021.. this now incurs a 2.53% annual interest rate. Page 5
Docusign Envelope ID." 1C2800AM9A(k4794-8C97-753074E2D2FO MIND IN FURNESS LIMITED REPORT OF THE TRUSTEES (continued) FOR THE YEAR ENDED 31 MARCH 2025 Achievements and Performance Mind in Fumess Ltd is satisfied that it has met all its contractual requirements for the year ending 2025. The changes and budgetary constraints in health systems create great uncertainty in terms of commissioning structures and contract continuation beyond 2025 but we have continued the prOsS of proactive neOrkIng developing our services In line with national agendas and liaising with local partner5. We conts.nue to explore new partnerships and develop quality service. We continue to nurture and invest time and energy in our existsng partnerships wth other local and countywide groups, which enhances our service offer. Our immediate Mind nerk includes Lancashire Mind thich also operates within the area of operation for Lancashire and South Cumbria Integrated Care Board and Carfisle Eden Mind in the North of the county bul we ensure we engage proacb.vely with the wder Mind Network which we recognise tsffers us effective links. shared learning and advice and support and opportunities for funding, Mind has also undergone a restructure in the last year lo refflect rts Federats"on First Agenda and our Mind Affiliation Agreement is currently under review as part of that review. We have maintained strong local links wlh partners including forming the Fumess Not for Profit Health Forum and the South Cumbria Mental Health Forum. We Tecognise we are stronger when working together and Mind in Furness endeavours lo be a key player in local partnerships and discussion5. We work In both formal and informal partnership with a range of Ial VCFSE partners including Citizens Advice Barrow. Groundwork. Barrow and Dislrid Disability Association, Furness Mulb Cuttural Forum. Women's Community Matters, The Well Communities, CADAS, SAFA and many more. We attend all local and regional forums and nefvlorks including Furness Not for Profrt Forum, Place Based Partnership Meetings. ICC meetings el¢ . We deliver services across Weslmorland and Fumess Council and Cumbedand Counc51 and ensure we engage ¥Mlh both local authorities on issues such as Joint Strategic Needs Assessments and Health and Wellbeing Boards el¢. but ackn¢edge we engage on a more regular basi$ vAlh Westsnorland and Furness council given the level of services we offer in their areas of operation. Building links in Cumberfand to support our service delivery in Millom is important in 2025126. In lems of health structures we sit within the operating areas of Lancashire and South Cumbria Inlegraled Care Board and we have worked hard lo establish good wor1¢ing relationships with our IC8 colleagues. Recent announ¢emenls about financial is$ue$ wthin the ICB, kave some uncertainty about the future. Vmlh ICBS came the Mentsl Health Tfansforniation Fund, the single biggest investment in mental health in Tecenl times. De5Plte receiving a grant at the start of 2023 for our successful Help through Crisis programme in partnership with Cits'zens Advice Barrow, we weren't able lo access further fvnding. However, our work in delivering an out of hours crisis service has been a key part of transfom)ing service delivery. In 202312024 as part of the transformation inits'ative, we supported Lancashire Mind to deliver engagement events locally to consult rith partners, service users etc. to look at models for fvbjre service delivery. Following this in 2024125 we partnered th CVS and other organisations lo look at how we can better work together with statutory service lo create a more streamlined service for clients. Sadly. this funding ceases in June 2025 but the partners are looking ftsr alternative funding lo continue some of this important work. As slated above our work developing and delivering our exlended opening hours feeds into the transfomialion of community mental health services and carries on the aims of the original 8eyond Places of Safety Funding from DOH lo extend our building. that being to Provide aliemative spaces for people in crisis. Vve have worked alongside our slalutory heatth partners to extend our service offer. support more people and extend opening hours into the evenings and weekends. This service supports the growng needs of our MMunity and our colleagues working in slalulory health seNices. This serVe will be recommissioned and tendered for 2026. Mind Garden The 2022 Mind Chelsea Flower Show garden that was transferred in ils entsrety to the unused wasteland next to our building on School Streel is now thriving. The acquisthon of the garden for the use of Mind in Furness and our local community was a major accomplishment and offed us a gat deal of posib.ve publicty, in¢luding national media ctsverage that continues lo this day. Page 6
Docusign Envelope ID." 1C2800AM9A(k4794-8C97-753074E2D2FO MIND IN FURNESS LIMITED REPORT OF THE TRUSTEES (continued) FOR THE YEAR ENDED 31 MARCH 2025 Achievements and Performance (continued) The garden has 'blossomed" and continued to grow and setue in and is wdely used by Mind in Furness, our partners and the public. It is now a major part of our OutdoorlectheTapY activty offer providing volunteering opportunities as well as a space to just 'be." We have in the past year help several open public events sharing the space wrth partners such as National Trust. Rusland Horizons. The Bay Partnerships, Westsnorfand and Fumess Council etc. Mind Quality Managem8nt Our last MQM audit process was completed in October 2022 and was highly positive with lots of good feedback from national Mind including Mind in Furness being recognised for our oulslanding Eco-therapy work and winning the Mind Excellence Award in the area of Environment. At the time ol writin9 whilst we awart our fomial invitation from National Mind to embark on another review cy¢le- we are aware that we are due lo host a visit from Minds MQM team on 9th October 2025. Ulvèrnton We began delivering service$ in Ulver$ton folh)Vng the October 2020 dosure of Ulverslon Mind. We have developed some close working links with GPS and other local groups including voluntary groups and arts organisalions. We offer support from oui premises al 5 Upper Brook Sl. Some local funding opportunities that were available lo both Mind in Fumes$ and Ulverslon Mind are now limrted - funding would have come into the area for both Mind groups bul we can only apply once this has created some challenges and al the moment service provision is limited lo 2 days per week. We are currenlty conducts'ng some consullalion locally lo establish need and the wshes of the local community, we are a150 exploring rW funders in the hope of developing further service in Ulverston. Movlng Fornard hilst we are S years on from the start of the global pandemic, it along with the subsequent cost of living crisis has heavily affected the nation's mental health. We contsnue to see both increased demand for our services and increased complexity of cases. We are curTenUy experiencing a national mental health crisis, whi151 thi5 IS recognised by lunders and commis8ioners alike, rt has also led lo Increased ¢ompebtson for funding stream8 to meet the increased levels of need. The funding environment for 202412025 was parts¢ularly challenging, vAth many grant and foundation trusts seeing massive increases in the demand for fvnding and decreased chances of success. We submitted a number ol bids bul found that funder5 were closing lo unsolicited requests, dosing for period lo review their funding 51ralegies or simply being Inundated with 8pplicalion$ meaning Mind in FuTness had less OppOrtune$ lo a¢cess funding through these streams. The uncertainty of the current climale, both economic and polrtical, exacerbated by the long-term irnpacts of the pandemic, mean we must remain vigilant of our financial situation and the trustee5 and management team remain Committed lo ensuring they seek out opportunrties for new funding streams wherever appropnale. TM Barrow In recognition of 8arrow'5 unique position in developing the nation's defence system5. whist managing a particular Sel of Social and infrastructure problems the Government ha5 confimied investment of £200 million over 10 years. In addition. il has provided £5 million over 5 years for Work and Health and £5 million ftsr Social Investment including support for the charitable work being delivered. The inib.al round of ftjnding offered some sustsinability support to key charib'es in Barrow who were deemed as essential and in need of support. Mind in Furness were one of these charities and received a susiainability grant for 2025r2026. We are committed to supporting the Team Barrow board as they look at how best to use this money to build some capacty and sustainabilty into our sector. Page 7
Docusign Envelope ID." 1C2800AM9A(k4794-8C97-753074E2D2FO MIND IN FURNESS LIMITED REPORT OF THE TRUSTEES (continued) FOR THE YEAR ENDED 31 MARCH 2025 Re$erve$ Policy The trustees consider that it would be prudent and desirable to have free reserves equivalent to 4 months operating expenditure. This would be in the region of £230.140. At the year-end free reserves were £310,337. Free reserves represent the element of the charity's unrestricted fijnds that are freely available to spend on any of the charity's purposes and are calculated as total unrestrted funds sS tangible fixed assets less designated funds. Trusto0$' Rosponslbllltle$ The trustees (who are also directors of Mind in Fumess Limited for the purposes of company lawl are responsible for preparing ihe Trustees, Annual Report and the financial statements in accordance with applicable law and Unrted Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Praclicel. Company law requi$ the trustees lo prepare financial stalemenls lor each financial year. which give a true and fair view of the slate of affairs of the Charity and of the inming resour$ and application of re$our¢e$, in¢luding the income and expenditure. of the Charity for that period. In preparing these financial statements, the trustees are required lo.. Select suitable accounting policie5 and then apply them con5151en1y., observe the methods and principle5 in the Charities SORP 2019 IFRS 102>.. make judgements and eslimales that are reasonable and prudent". gtale whether applicable UK Ac¢ounb"ng Standards have been followed, subject 10 8ny material departures disclosed and explained in the financ1 ststemenls.. prepare the financial slalemenls on the going concem basis unless il 18 inappropriate lo presume that the Trust will continue in operation. The Iruslees are responsible for keeping adequate accounling records that disclose wth reasonable accuracy al any lime the financial position of the Trust and enable them lo ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguardin9 the assets of the Trust and hence for taking reasonable slep5 for the prevention and detection ol fraud and other iegular1tie5. By order of the Trustees Mrs H Blngley Treasuror December 17, 2025 Dale.. Page 8
Docusign Envelope ID." 1C2800AM9A(k4794-8C97-753074E2D2FO MIND IN FURNESS LIMITED INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF MIND IN FURNESS LIMITED I report to the Charity Trust trustees on my examination of the accounts of the company for the year ended 31 March 2025 which are sel out on pages 10 to 26. R8sponsibiliti•s and basis of report As the charity trustees of the company land a150 its directors for the purposes of company lawl you are responsible for the pparatsOn of the accounts in accordance with the requirements of the Companies Act 2006 I'the 2006 Act'l. Havin9 satisfied myself that the accounts of the company a not required lo be audited under Part 16 of the 2006 Act and are eligible for independent examinabon. I report in respect of my examination of your company's accounts as carned out under se¢bon 145 of the Charities A¢t 2011 {'the 2011 Acl'l. In carrying out my examination I have followed the Direction$ given by the Charty Commi$$ion Lbnder $ection 1451Sllbl of the 2011 Act. Independent examlnor's statement Since the company's gross income exceeded £250,(7 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member of the ICAEW, which is one ol the listed bodies. I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect. accounting records were not kept in res1 of the company as required by Section 386 of the 2006 Act., or 2. the aecounls do not accord with those records. or 3. the accounts do not comply wlh the ?OntIng requirements of $e¢ts'on 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair view. which is not a matter considered as part of an independent examinalKsn'. of 4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Rec¢mmended Practice for accounting and reporting by charrties applieable lo charities preparing their accounts in accordance wth the Financial Reporting Stsn¢Jard applicable in the UK and Republic of Ireland IFRS 1021. I have no ¢oncern$ antj have Come across no other matters in conne¢lion wlh the examination lo which attention should be drawn in this report in order to enable a proper understanding of the accounts lo be reached. Jack Steer BA{Honsl FCA MHA Chartered Accountants Kendal Houso Murley Moss Businoss Village Oxenholme Road Kendal Cumbria L49 7RL December 18, 2025 Page 9
Docusign Envelope ID." 1C2800AM9A(k4794-8C97-753074E2D2FO MIND IN FURNESS LIMITED STATEMENT OF FINANCIAL ACTIVITIES (including Income an(1 Expenditure Accounti FOR THE YEAR ENDED 31 MARCH 2025 Unre*icted Restricted funds funds Total 2025 Total 2024 Income from.. Donations and legacies Charitable Acliiiles Shops Bank Interest ReCeId 2S1,312 116,563 62,566 6.292 1,234 252,546 482,951 62,566 6,292 35,063 493.359 69,286 Totsl 436.733 367,622 804,355 605,352 Expgndlture on: Shops Charitable Aclililies 65,927 185,421 65,927 624,496 62,670 552,330 439,075 Totsl 261,348 439,076 690,423 615,000 Net Income 185,386 171,4531 113,932 19,6481 Translèr bètw8•n funds 1163,165) 163,165 Net movement In fund• 91,712 113,932 19.6481 Reconclllatlon ol fund&. Total fijnds brought foThvard 1.090,990 23,604 1,114,594 1,124,242 Totsl fvndscarrfed forward 1.113,210 116,316 1,228,526 1,114,594 The statement of financial affairs inclLKles all gains and losses recognised in the year Page 10
Docusign Envelope ID." 1C2800AM9A(k4794-8C97-753074E2D2FO MIND IN FURNESS LIMITED BALANCE SHEET AS AT 31 MARCH 2025 2025 2024 Note Flxed As8ets Tangible assets 742.873 761,034 Current ats Debtors Cash at bank and in hand 11.461 565,435 159,586 255, 130 576.886 414,716 Crgdltorn amounts falling due wlhin one year 161.3431 125,6111 Net Currgnt awts 515,543 389,105 Totsl ag58ts less currgnt IlabllS119s 1,258,416 1.150,139 Crgdltorpr amounts falling due after one year 10 {29.8901 135,5451 Net assets 1,228,526 1.114,594 Funds.. Unrestricted ndS Designated funds Restricted fiJnds 11 11 12 1,053.210 60.000 115.316 1.090,990 23,604 Totsl funds 1,228,626 1,114,594 Page11
Docusign Envelope ID." 1C2800AM9A(k4794-8C97-753074E2D2FO MIND IN FURNESS LIMITED BALANCE SHEET (Gontinued) AS AT 31 MARCH 2025 For the year ending 31 March 2025 the company was entrfed to exemption from audrt under section 477 of the Companies Act 2006 relats'ng to small companies. Directors, responsibl1"es". The members have not quire<l the company to obtsin an audrt of its accounts for the year in question in accordance with section 476., The directors acknoYAedge their responsibilrties for comptying wth the quIrementS of the Act with respect lo accounting records and the Pparats.0n of accounts. These accounts have been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006. These accounts were approved by the directors and authorised for issue on . and are signed on their behaw by.. December 17, 2025 Mrs H Blngl•y Tr&a$urgr Company Reglstratlon Numbèr: 07693277 CharSty NUrnr.. 1143600 Page 12
Docusign Envelope ID." 1C2800AM9A(k4794-8C97-753074E2D2FO MIND IN FURNESS LIMITED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 Reconclllatlon of net Income l (•xpendltur•) to net cash flow from oporating activiti•8 Net income I (expenditu) for the year Depreciation of tangible fixed assets Decrease I lincreasel in debtors Increase / Idecreasel in creditors 113.932 18.161 148.135 35.732 19.648) 18,767 22,977 1155, 1681 Net cash flow from oporatlng a¢tlvlllfrs 315.960 1123,0721 Cash flow from Investing actlvltle8 Repayment of bank loan 15,655) 15,6631 Net cash flow from Inve•tlng actlvltl•s 15.6551 15,6631 Nel Idecroa80) I In¢r•aw In cash Jnd gqulvalgnts 310,305 1128,7351 Calh and ¢a•h oqulvalonts at 1 Aprll 2024 2SS.130 383,865 Calh and cath •qulvalonts at 31 March 2025 565.435 255,130 Relatlng to". Cash at bank in hand 565,435 255, 130 Page 13
Docusign Envelope ID." 1C2800AM9A(k4794-8C97-753074E2D2FO MIND IN FURNESS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 1. Accounting Policies Mind in Fumess Lim((ed is a charitable company limiteil by guarantee and govemed by ils memorandum and articles of association incorporated in England and Wales. The registeted office is 64 School Street, 8arrow in Furness, Cumbria, LA14 1 EW. Ba$1$ of pr•pardtlon The financial stslements have been prepareil in a¢cordan¢e wrth A¢¢ounting and Reporting by Charities". ststement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 issued in October 2019, the Chanlies Act 2011, the Companie5 Act 2006 and UK Generally Accepted Practice as rt applies from 1 January 2015. Mind in Furness Limited meet$ Ihe definition of a public entity under FRS 102. Assets and liabilities are initially recognised at historical ¢o$t or transaction value unle$$ otherwse ststed in the revant accounting poli¢y nolelsl. The financial slalements are prepared In sterling. vthich is the funclK)nal currency of the company. Monetary amounts in these financial stslements are rounded lo the nea$1 £. Income All incoming reyource5 ore included in the Statement of Financi41 Actiwties ISOFAI when the eharity is legally enlilled to the income after any performance Cond"0n8 have been mel. the amount can be measured reliabty, and il is probable that the income will be weived. For donations to be recognised the charity wll have been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of perfomiance before enlillemenl can be obtained then Income Is deferred until those conditions are fvlly mel or the fuffilmenl of those conditions is within the control of the charity and il is probable that they wll be fulfilled. Donated facilrties and donated professional services are recognised in income at their fair value when their economic benefit is probable, it can be measured reliably, and the charity has control over the item. Fair value is determined on the basis of the value of the gift lo the charrty. For example. the amount the charity would be willing lo pay in the open market lor such tsulilies and services. A corresponding amount is recognised in expenditure. No amount is included in the ffinancial statements for volunteer lime in line wth the SORP IFRS 1021. The ¢harity receives government grants in respect of charitable a¢bvilies. Income from govemment and other grants are recognised at fair value when the charty has enliuemenl after any performance conditions have been met, it is probable that the income VAII be received and the amount can be measured reliably. If entitlement is not met then these amounts are deferred. Income from trading activities includes income eamed from fvndrai5ing events and trading activth'es to raise funds for the Charity. Income is received in exchange for supptying goods and services in order lo raise funds and is recognised when entitlement has occurred. Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity., this is normally upon notffication of interest paid or payable by the Bank. Page 14
Docusign Envelope ID." 1C2800AM9A(k4794-8C97-753074E2D2FO MIND IN FURNESS LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 1. Accounting Policies {continueol Going conc8m Trustees have considered the consequences of.. Recent changes by government to empknyers, national insurance contribution and minimum living wage., High level of compelttion for resources from funders and grant makers due lo national public sector financial srtuation and cost of living generally $I.n9 in increasing requests for financial support from charities Instability and financial pressure across the Integrated Care Board effeth'ng commissioning and service provision. A legacy payment of £210,000 in 202412025 whith protected our reserves Team Barrow award of £100.000 and fvrther upcoming investment in Barrow in Furness via a Social Investment Fund vthich may offer m¢ye opportunities to build sustainabilty In addition, the Trustees have.. Reviewed the current year's performance to March 2025". Based on projected income agreed a break-even budget lo March 2026; Considered cashflow projections to March 2026., Prepared a draft budget for 202612027 Agreed procedures for tighter management controls until the financial posrtion improves. Acknowledged 2 large donats"on$ into the organisatson whh have preserved prole¢led re$eNe$ at manageable level Asked the CEO to arrange for up-ttrdale valuations of the assets. Based on the above and the decision of Trustees to oversee closer financial management for the foreseeable future, the Trustees have determined that the consequences of thè current uncertain financial environment will be miligaled. There are several Twslees wlh the competence to manage the current financial situation therefore the Board of Trustees are confident that Mind in Furness can continue as a going concern. They do acknowledge the challenge5 that lie ahead. 202412025 saw significant funding challenges. that will continue into 202512026 this will require a review of our strategy, service provision and staffing structure. The impact of the current global and financial ptssilion on futu performance and therefore on the measurement of Some assets and liabilities or on liquidity might be signrficanl and as such may qUIre disclosu in the financial stslements. The Trustees have determined, however, that they do not create a material urrta1nty that casts significant doubl upon our ability lo continue as a going concem. Fund accounting Unresln¢led funds are lunds which are available for use al the discretion of the trustees in furtheranee of the general objeth'ves of the charity- Designated fvnds are those unrestricted funds lch have been set aside by trustee5 for an essential spend or lulure purpose. Reslricled funds a fvnds which are lo be use<1 in accordance 4Mth specific restricb'ons imposed by donors or which have been raised by the charity for particular purposes. Any overspends are met by unrestricted funds. Expenditure All expenditure is accounted for on an accruals basis and has been dassified under headings that aggregate all costs related to the category. Expenditu is recognised vA)ere there is a legal or constructive obligation to make payments lo third parb'es. it is probable that the settlement will be quIred. and the amount of the obligation can be measured reliably. Page 15
Docusign Envelope ID." 1C2800AM9A(k4794-8C97-753074E2D2FO MIND IN FURNESS LIMITED NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 MARCH 2025 1. Accounting Policies {continue Tangible Fixed Assets and Depreciation Tangible fixed assets are in"allY measured al cost and subsequenlly measured al cost or valuation, nel of Ilepreci*ion and any impaimenl losses. Tangible fixed assets are stated at cost less depreciation. Only items costsng over £250 are capitalised. Depreciation is provided at rates calculated to write off the cost less ests"maled residual value of each 85gel over ils expected useful lrfe as lollows". Land and buildings Fixtures and fittin9S Computers 2% straight line 25% reducing balance 33% straight line The gain or loss arising on the disposal of an asset is delem)ined as the dfftrence between the sale proceeds and the carrying value of the asset and is recognised in net incomel lexpendf(urel for the year. IMlfMent of fixod a$$ets Al each reporting end dale, the charity reviews the carrying amounts of ils tsngible assets lo determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is eslimaled in order lo delem)ine the exienl of the impairment loss lif any). Debtors and ae¢ru•d In¢omè Debtors are recognise<l al the settlement amount due after any trade discounts allowed. Prepayments are valued al the amount prepai<J after taking account of any trade tJi$counts due. Cash at bank and in hand Ca51 al bank and in hand includes cash and short term highty liquid investments wlh a short malurily of three months or less from the dale ol acquisition or opening of the deposit or similar account. Bank overdrafts are shown wthin borrowings in current liabilrties. Financial instruments The company ha5 elected to apply the provisions of Section 11 'Basic Financial Instruments, ond Section 12 'Other Financial Instruments Issues. of FRS 102 to all of rts financial instruments. Credltors and PVIsIOnS Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably resutt in the transfer of funds to a third party and the amount due to setue the obligation can be measured or eslimaled reliably. Credrtors and prowsions are nomialty recognised al their settlement amount after allong for any trade di5courils due. Employ80 bénefits The cost of any unused holiday entrflement is recognised in the period in which the employee's service5 are recewed. Temiinalion benefits a recognised immediately as an expense vthen the charily is demonstrabty commilled to terminate the employment of an employee or to provKle temiinatson nefits. Page 16
Docusign Envelope ID." 1C2800AM9A(k4794-8C97-753074E2D2FO MIND IN FURNESS LIMITED NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 MARCH 2025 Accounting Policies Icontinueo) Pensions The charitable company operates a defined contribution pension scheme and the pension charge represents the amount payable by the charty in respect of the year. The assets of the scheme are held separate from those of the charitable company In independenlty administered funds. Pension expense is allocated lo where the employees. salary Is located. Op8rating L8as8$ Rentals payable Ljnder operats'ng leases are charged against iome on a straighl-line basis over the period of the lease. 2. Judgemonts and key sources of estimation uncertainty In application of the company's accounting rrt)licies. the trustees are qUired to make judgements, estimates and assumptions about the Carrying amounts of assets and liabilib.es that are not readily apparent from other sources. The estimates an¢J a$so¢iated assumplion$ are based on hislori¢al experience and other factors that are considered lo be relevant. Actual results may drffer from these estimates. The eslimales and underlying a$$umplKJns are reviewed on an ongoing basis. Revisions lo accounting estimates are recegnised in the penod in which the esbmale is revised Whe the revision affects only that period, or in the period of the revision and fvture periods where the revision affects both current and future periods. Koy assumptlons. ludgemonts and est5matss In the opinion of the trustees there have been no signfficant judgements made in the process of apptying the above accounting policies. There have been no key assumptions concerning future and other key sources of estimation uncertainty al the reporting dale that have a significant risk of causing a material adjustment lo the carrying amounts of assets and liabilities wrthin the next financial year. Page 17
Docusign Envelope ID." 1C2800AM9A(k4794-8C97-753074E2D2FO MIND IN FURNESS LIMITED NOTES TO THE FINANCIAL STATEMENTS (continued) FOR THE YEAR ENDED 31 MARCH 2025 3. Nat incom8 for the yoar 2025 2024 Thls 1$ statsd after ¢harging= Depreciation Independent Examination 18,161 12,115 18.767 7.543 4. Shop$ Bam)w Mlllom 2025 2024 2025 2024 Income 31,414 38.510 31,152 32,776 Expenses 134.9701 138.13T) 130,9571 124,5331 Profit I IL0951 I3.5) 11.62n 195 8.243 5. Chadtablo actlvltlts 2025 Incom• £¥p•ndlbJr• Surplu81 Idollclt) UnrestrKd R•sthctad Unresthctsd RosthGied Uniesmcted Grnnt lund•d '. VI[sI0 Millom safe S¢8 75 7.629 32.467 13.220 132,3921 cha1•blo Acii¥lll•%: Sulhertand Slreei William 8ingley Centre Acti Monii¢ring l Guthd Sellfrwp Crisis Café Refuge and Asylum Eco-Therapy- Other Sir John Fisher Counselling s¢th Cumbria Mental Health PSrth16 ClotlTh¥orker5 bunoali Central Team Batttr Hadfield TnJ81 42.832 39,573 3,259 38,354 7.925 167,847 144,330 49,107 152,977 2,463 31,174 8,867 1105,9761 14,870 12,4631 15,4581 25,716 6.867 12,892 19,0871 4,375 4,375 2,295 2,305 69,928 132,956 163,0301 1.[ 3.2TrJ 100,000 3,200 Tothi 116.563 439,075 185.421 172,6871 168,8581 There has been an excess of expendilure over income during the year land previous year) on certain projects due to overspends which have been mel by unresth.cted fvnds. Page 18
Docusign Envelope ID." 1C2800AM9A(k4794-8C97-753074E2D2FO MIND IN FURNESS LIMITED NOTES TO THE FINANCIAL STATEMENTS (Gontinued) FOR THE YEAR ENDED 31 MARCH 2025 5. Charitable activities {continuedl 2024 Income EXpEndire Surplus I Idefici# Restricted Unresln'ct8d Restrickd Unre8trictsd Restricted Unr8Stricted Grant funded . UlrstOn Millorn safe space 19,944 1.089 35,870 115,9281 15,597) Charltsble ACVvles. Sutherfand Street William Bingley Centre Co-op Resilience Acli¥e Monitoring Bewell Refijgè and Asylum Seekers Project Acli¥e Listening Help Through Crisis Recolery Star Eco-Therapy Sir John Fisher Foundation Coun5elling Health and Wdlbeing 28,268 141.945 36,2 15,691 23,448 165.393 87.204 75.874 3,912 19,347 11,330 13.9121 5,284 24,631 6.711 62,407 13,177 77,407 21,600 33,808 18,IK)O 16,4661 115,CK)01 121,6001 115,6491 18.159 18,( 13,024 17,$50 113,0241 117,$501 Total 243.445 249.914 341,555 210.775 198,1101 39,139 6. Expendlturg 2025 2024 Staff costs Depreciation Council tax & water rates Rent Fuel and light Insurance Telephone pps 488.573 18.161 4.264 13.795 12,642 12,816 7,092 5,307 12,346 412,165 18,767 3,691 14,020 16,662 12,297 8,120 6,509 18.992 7.117 2,666 57,035 6,551 30,408 Repairs and renewal$ Computer costs Cleaning and sundries Cost of actimties Training Other costs 7,999 74,510 1,470 23,IX12 690,423 615,000 Page 19
Docusign Envelope ID." 1C2800AM9A(k4794-8C97-753074E2D2FO MIND IN FURNESS LIMITED NOTES TO THE FINANCIAL STATEMENTS (Gontinued) FOR THE YEAR ENDED 31 MARCH 2025 7. Tangible Fixed Assets Fixtyre4 filting8 & •quipment Land and buildings Computèrs Totsl At 1 April 2024 Additions Ll"sposals At 31 March 2025 834.631 48.243 41.144 924,018 834.631 48,243 41.144 924,018 Dapreciation Al 1 April 2024 Charge for the year th'$posal$ Al 31 March 2025 79.470 16.693 42,370 41,144 162,984 18, 161 .163 43,838 41,144 181,145 Not book value At 31 March 2025 738.468 742,873 Al 31 March 2024 755.161 5,873 761,034 8. Dabtors Amounts falling due wthin one year 2025 2024 Trade debtors Prepayments and accrued inccme Other debtors 3,194 7,524 733 157,122 2,464 11,451 159,586 Page 20
Docusign Envelope ID." 1C2800AM9A(k4794-8C97-753074E2D2FO MIND IN FURNESS LIMITED NOTES TO THE FINANCIAL STATEMENTS (Gontinued) FOR THE YEAR ENDED 31 MARCH 2025 9. Creditors Amounts falling due wilhin one year 2025 2024 Trade creditor5 Taxation and social security Other Creditors Accruals and deferred income Bank loan 3,579 6,816 2,258 7,440 5,518 8,673 1,902 42,020 5,518 61,343 25,811 10. Crndltors Amounts falling due after more than one year 2025 2024 Bank loan 29,890 35,545 Total 29,890 35,$45 A government secured Bounce-back loan for £SO,000 was tsken out by HSBC UK in December 2020 to ease the impact of the coronavirus restrictions. 11. Unrg$trl¢tgd fvnds Anatysis of unrestricted fuTh Balance at 1 Ap1 2024 Incom• EXpondIre Balance at Trnnthrn 31 Mah 2025 G•n•ral Unr•2trfetsd fund• 1.01.99) 4.733 (251,3481 (223.1651 1,053,210 Dedgnatsd fund& UIKerslon Repairs and tkneloFrrEnt William BIr0Y Centre Sutherfand St SinkiThJ Fund Staffing Restwctu 25,(KKJ 10.000 10,(MJ) 15,000 10.0 10,OtKI 15,000 Totsl Deslgnai•d fund• Totsl Un*¢ted funds 1,OXI,9XI 436,733 1251,3481 1163,1651 1,113,210 Page21
Docusign Envelope ID." 1C2800AM9A(k4794-8C97-753074E2D2FO MIND IN FURNESS LIMITED NOTES TO THE FINANCIAL STATEMENTS (Gontinued) FOR THE YEAR ENDED 31 MARCH 2025 11. UnroStri¢tsd funds (contindI Ulverston Repair5 and Development- relates to fijnds despjnated lo cover various repairs and development works including a new office window and door. possible damp treatment and healing system. Wllllam Blngl•y Contro- relates lo fvnds designaled to cover repairs and decoration outstanding including Roof Repairs. Sutherland St Sinking Fund- relates to funds designated to cover repairs at the charity's Housing scheme including investigating damp. Staffing R8structure- new roles and training - the Board of Trustees are to due to be conduct a Strategic Review and Staffing Reslruclure earfy In 2026. These funds have been designated lo cover the p05sibilily of changing pay scales. paid support for functions. inlerim slaffing positions, recruitment, training and development. 12. R•$trlctsd Funds The income funds of the charity include restricted fijnds comprisin9 the followng unexpended balances of denations and grants held on trust for specific purposes Mov•m•nt In r••ourM• Bthn¢• 4¢ 1 Aprll 2024 l•n¢• Tran•fers 31 March 2026 come Expendre Through cr safe space ACte V¢niorInGyY&Y Seff Lfversion Ecother8py Ecotherapy- Oiher i8 Cofé 2.550 2,550 113,2201 149,1071 132,467 5.312 29.852 31.642 7.925 825 25.891 167.847 131,1741 1152.9771 1144,3XII 12,4631 16,66n 14,3751 12.2951 5.283 114.8701 105.946 Vwh'arn B9Y Cenire Refuge and AsykJm seekers project Sir FoundatDn SoLrth CUnrA Venlal F*alh partnershps p¥opcl (thwOrkerS foundatKx) Team Barrow J Trust 221 4.375 2,306 10D,000 3.200 1(KJ.( 3.2(X) 23.ElJ4 367.622 1439.0751 163.165 115,316 There has been an excess of expenditure over income during the year land previous yearl on certain projects due lo overspends which have been met by unrestricted funds. Page 22
Docusign Envelope ID." 1C2800AM9A(k4794-8C97-753074E2D2FO MIND IN FURNESS LIMITED NOTES TO THE FINANCIAL STATEMENTS (Gontinued) FOR THE YEAR ENDED 31 MARCH 2025 12. Restricted funds Icontinuedl ov¥illOilt In r•¥our¢e8 B818n¢• at TraTrsfgr¥ 31 March 2024 l Aprll 2023 In¢om• Expovdrturo p Through Cxk5k5 LAverslon Mnd 62.407 22.622 1.818 177.4071 135.870} {6.888} Is.3) {3.B12} 133.808} 119.347} 17.550 13.248 4.887 2,$80 lom Safe Space Vvllam Bmgy CEnlre eeVWI 3.912 Eco Therapy Refuge and Asyknm Seeker 18.203 24.631 20.045 S,284 ACte nOrIng Sir hn FL8her FoundalKin Counselhno 8tth ond We•)ek LS C4fé Act8 Li81enk F*covwy Star B7.204 18.0(ty) 175.8741 118.wjl 11,330 113,0241 117,5501 13.024 17.550 178.5551 78.55$ 6.711 113.17TI 21.eAxi 88.933 248.697 1341,S$51 29.329 23.604 Analysis ol net assets t¢Wn fvnds Unrgstri¢ted- UnrestrTeled- gera1 designated Re8tri¢led Total Fund balances at 31 March 202S arn tepresented by Taroible assets Current a558ls $$ liabilrtios 742.873 310.337 742,873 485.6S3 115,318 1,053.210 115,316 1,228.526 Unrestricted- Unrestricted- genernl designated Restricted To181 Fund balances * 31 Mah 2024 a repwented by Taryible a5set5 Current a$sels kss liabilrties 761.034 329,956 761,034 353,S60 23,604 1,09].99] 23,604 1.114,5k4 Page 23
Docusign Envelope ID." 1C2800AM9A(k4794-8C97-753074E2D2FO MIND IN FURNESS LIMITED NOTES TO THE FINANCIAL STATEMENTS (Gontinued) FOR THE YEAR ENDED 31 MARCH 2025 12. Restricted funds {continuedl Halp through Crisis Relates to the final instalmenl of Lottery funding to deliver the project 'Help Through Crisi5- Positive Changes for P0511ive Live5" in partnership wth Citizens Advi¢e Barrow- this projed addresses issues of financial resilience and mental health crisis. Ulvorston Mlnd Funds received for the delivery of Mind In Fumess service in Ufverslon. indude5 the final instalmenl of fund5 from Lloyd5 Foundation and donab.ons received from the now closed Ulverslon Mind. Millom Safe Space Transforming West Cumbria-Grant funding from Cumbria Community Foundation received as part of a Wesl Cumbria based collaborative to deliver mental health support via Millom Safe Space. Wllllam 81ngl•y Cèntr• Funds received to support the day to day running ol the William Bingley Centre. specilIY grants from Lancashire MIND. BoW•ll Grant from Cumbria County Council lo deliver a number of community events with a focus on heatth and wellbeing in partnership th the council and local groups. Ecotherapy Reimbursement of transport Costs for eco-Iher4py outings paid for by Rusland Horizons Actlvo Monltorlng Annual Grant to deliver Acts've Monitoring lo all GP'S across the primary care nelwork footprint from Barrow and Millom Primary care neN¥ork. Cr181# Café Grant lo develop extended opening seNice including evenings and weekends lo serye as allemab've lo A&E for mental health crisis support NHS Lancashice and South Cumbria Integrated Care 8oard Actlvo Listoning Grant lo deliver Active Listening training and Cornmunily hèalth events population health- priority wards funding. R•covery Star Grant received from Alex Ferry foundation towards delivery coslg of Recovery Star programme. R8fugg and Asylum Sookers Grant lo be used to support the mental health needs of Refugees and Asylum Seekers in partnership wth Furness Mutb. Cultural Forum. South Cumbria Mental Hoalth Partnerships Project Grant Funding from Lancashire and South Cumbria ICB paid via Cumbria CVS to pay for staff time for our involvement in this project to identrfy how Stslutory Services and VCFSE groups Can work beller together. Clothworkors Foundatlon A small grant to pay for cost associated with building a new website. E¢otherapy- Oth•r Grant from Orsted to fijnd delivery of our ecotherapy programme for one year Page 24
Docusign Envelope ID." 1C2800AM9A(k4794-8C97-753074E2D2FO MIND IN FURNESS LIMITED NOTES TO THE FINANCIAL STATEMENTS (Gontinued) FOR THE YEAR ENDED 31 MARCH 2025 12. Restricted funds (continued) SirJohn FIsr Foundation Grant to be used to support volunteer coordinats"on. Coun$olllng Funding for ongoing development and delivery of generic mentsl health counselling services. Health and Wellbeing Funding to build links wrth Health and Vvellbeing Coaches and lo develop health coaching skills in stsff team. Team Barrow To build sustainability into the organisalion during a challenging financial period for the local VCFSE sector. This is paid in recognrtion of the ongoing need for the services that the charity provides. The fvnds wll be used in 2025126 lo pay for crucial stsffing posrtions and to support ongoing projects and strategi work including CEO, Office Manager, Ecotherapy and other cores costs. Hadfiold Tru*t To complete some repair work at Ulverslon. 13. Tru8ts08 Trustees recewed neither remuneration nor reimbursement of any ¢ts during this or the previous year. 14. Employ••8 Employee costs during the year 2025 2024 Wages and salaries Social security $1$ Pension costs The average number of employees during the year was as follows- 2025 2024 Management Charitable activities No employees received more than £60.000 in the year. Page 25
Docusign Envelope ID." 1C2800AM9A(k4794-8C97-753074E2D2FO MIND IN FURNESS LIMITED NOTES TO THE FINANCIAL STATEMENTS (Gontinued) FOR THE YEAR ENDED 31 MARCH 2025 15. Operating lease commitments At the reporting date the Charity had outstanding commrtments for fijture minimum lease payments under non-cancellable operating leases. which fall due as follows.. 2025 2024 thin 1 year Befv4een tsyo and five years 16. TatIon As a charty, Mind in Furness Limited 15 exempl from tax on income and gains falling wfthin sections 472- 474 of the Corporation Tax Act 2010, section 478489 of the corporab.on Tax Act 2010. or s256 of the Taxats'on of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No lax charges have arisen in the Charty. 17. Control No single individual has had control of the company in the current or previous year. 18. R•latsd Partl•s No trustees were remunerated and no Iruslees received any expenses during the year. Remunerab'on of key manlgemenl personnel is as follows.. 2025 2024 Aggregate compensation Page 26