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
M￿r￿Y 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 {V￿e 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 Se￿nded * 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 st￿et9 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-t￿daY 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 eSpec￿llY 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 prO￿sS of proactive ne￿OrkIng
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 ne￿￿rk 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 I￿al 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 serV￿e 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 offe￿d us a g￿at 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 Outdoorlec￿theTapY 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$ton folh)V￿ng the October 2020 dosure of Ulverslon Mind. We have
developed some close working links with GPS and other local groups including voluntary groups and arts
organisalions. We offer support from oui premises al 5 Upper Brook Sl. Some local funding opportunities that
were available lo both Mind in Fumes$ 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 r￿W 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 OppOrtun￿e$ 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.
T￿M 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 unrestr￿ted 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 in￿ming 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 financ￿1 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 i￿egular1tie5.
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 p￿paratsOn 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 res￿1 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 ?￿O￿ntIng 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 ReCeI￿d
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 a￿ts
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 P￿parats.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 NUrn￿r.. 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 re￿vant 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 wh￿h 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 ur￿rta1nty 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.
IM￿lfMent 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 P￿VIsIOnS
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 allo￿ng 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 i￿ome 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)
UnrestrK*d
R•sthctad
Unresthctsd
RosthGied
Uniesmcted
Grnnt lund•d '.
VI￿[sI0￿
Millom safe S￿¢8
75
7.629
32.467
13.220
132,3921
cha￿1•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 PSrt￿￿h1￿6
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
EXpEndi￿re
Surplus I Idefici#
Restricted
Unresln'ct8d
Restrickd
Unre8trictsd
Restricted
Unr8Stricted
Grant funded .
Ul￿rstOn
Millorn safe space
19,944
1.089
35,870
115,9281
15,597)
Charltsble ACVvl￿es.
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 Ap￿1 2024 Incom• EXpondI￿re
Balance at
Trnnthrn 31 Ma￿h 2025
G•n•ral Unr•2trfetsd fund•
1.0￿1.99)
4￿.733
(251,3481 (223.1651
1,053,210
Dedgnatsd fund&
UIKerslon Repairs and tkneloFrrEnt
William BIr0￿Y 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 (contin￿dI
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
Expend￿￿re
Through cr￿
safe space
ACt￿e V¢niorIn￿Gy￿Y&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 B￿9￿Y Cenire
Refuge and AsykJm seekers project
Sir FoundatDn
SoLrth CUn￿rA Venlal F*alh partnershps p¥opcl
(￿thwOrkerS foundatKx)
Team Barrow
J Trust
2￿21
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,$80
lom Safe Space
Vvllam Bmg*y CEnlre
eeVWI
3.912
Eco Therapy
Refuge and Asyknm
Seeker
18.203
24.631
20.045
S,284
ACt￿e ￿n￿OrIng
Sir ￿hn FL8her
FoundalKin
Counselhno
8tth ond We•)ek
*LS C4fé
Act￿8 Li81enk
F*covwy Star
B7.204
18.0(ty)
175.8741
118.wjl
11,330
113,0241
117,5501
13.024
17.550
178.5551
78.55$
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-
ge￿ra1
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 Ma￿h 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. speci￿lIY 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 FIs￿r 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. Ta￿tIon
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