REGISTERED COMPANY NUMBER: fr7814000 (Ettgl4nd and Wale5) REGISTERED CHARITY NUMBER: 1145211 REPORT OF THE TRUSTEES AND UNAUDITED FINANCIAL ATEmENTs FOR THE YEAR EI¥DED 31 MARCH 21125 FOR BRECON AND DISTIUCT MIND Williams Denton Chartered C¢rttfJed Accountants Glaslyn Ffordd y Par Parc Menai Bangor Gmynedd LL57 4FE
BRECON AND DISTRtcr MIND CONTENTS OF THE FINANCIAL STATEMELYTS FOR THE YEAR ENDED 31 MARCH 21125 Page Report of the Trustees Independent Examlner's Report Statement of FlnaDelal Aetivities io Balance Sheel Notes to tbe FIDndal Sttements 13
BRECON AND DISTIUCT MIND REPORT OF THE TRUSTEES FOR THE YEAR EIYDED 31 MARCH 2025 Thc trustces who are also directors of the charity for ihe Purposes of the Companies Act 2006, Present their rel with the financia] statements of the chariry for th¢ y¢ar ended 31 M8reh 2025. The ttustees have adopied the provisions of Aec4)untittg and Rcportin8 by Clwities: Statement of R¢comm¢nded Prdctice applicable to charities preparing their a¢counts in accordance with the F]lwl Reportitig Standard applicable in the LllQ and liepublic of Ireland (FRS 102) (effedive l January 2019). OBJEcfivES AND A1VITIEs Objectives Acti¢1£$ Bre¢on & Disttict Mind'5 pU05e is to be 'Here to help you manage youi menta] health and wellbeing,. We offer rnentai health sctvices, wpport and activiti¢s that b¢n¢fJt individua]s asS tbe region and invite people alhd partn¢rs to wo tgg¢th¢r for our shared PUTpose.. TTUStees ¢onfimi they bave had regard to the Charity Commission's guidance on public benefit when planDiD8 activiti¢s. Tnle¢S adopted a new Strategic Plan 2024 to 2027 following engogement with staffj volunteets and beneficiaries and Ihe priorlties and Values below Identifi to guid¢ th¢ organisation. Str4teglc Prlorilles ' Fitiancial Susraillthry ' Partn¢Tships ' Otganisational Development ' Digital Choice Valuey Conneeiion Kindne$5 Learning Honesty BrecoD & District MiTNJ ellSUTe5 that people with liyrd expttience play an influential rol¢ in goYematKe. d¢velopornt and delivery of services. Shared deKision making prill¢iples are embedded acro the organisatiOJL Key A¢tivitiU and S¢rvi¢es Activities delivered across 202425 in¢lud¢'. ' Brecon Wellbeitvd Centre, activkties and thop in sessi¢)ns ' Individual Inf0mtIOn, Support, Talking Therapics & Coun8¢11inB 5¢rvt¢¢s, ' outreac Peer support and group activities, eg Bcreavement, Support after Suicide (Postveotion). ' Children and Young People wellbeing project at Brecon High School ' Grwi Millds gardening and nature based activities Mums Matter Perinatsl courses and Social Groups ' ConJtnuDity events and futKlraising activities ' Valuing Volunt¢ers Proj¢ct Page I
BRECOLY AIYD DLSTRICT MIND REPORT OF THE TRUSTEES FOR THE ITAR ENDED 31 MARCH 2(J25 OWECTIVES AND ACTivrrIES VoluDte¢r Involvement Volunteers play a 5]lf1¢t role across Brecon & Dis¢rict Mind. Thcir lived ten¢t fornjs & ¢¢tttrnl of service design and deltvery. includmg.. ' Monthly voluttteer forums and volunteer celebration cvcnts. ' Awarcncss Raising & Fun(irai8ing involvement . Co dclivcry (Trf activitie5 . Cowiselling and Work Experien¢e Pla¢em¢nts ThrouOllt th¢ yr 36 individual volunteers delivered at 1¢&st 941 volunteering hours. We are wo1 with voluntKrs n¢xl year to improve ways to record and mcasure Volteen8 houts as part of OUT plaD to achieve the Investors in Volwiteers Quality Mark in AutWI 2025. ACHIEVEMENTS AND PERFORMANCE Quallty and GoverDaD¢¢ ' Mind Quality Mark (MQM) accreditation s8SfullY awarded in March 2025. ' New governing dOcut and membership Stntre adopied October 2024. OrgaDls*t1oal D¢v¢lopment: People & Culture ' Tru5t¢¢ Eva Roshan apw)inted People & Culture Lead. ' P¢opl¢ & Culture Subcommittee estsblish¢d S¢pt¢mb¢r2024. ' Aims include workforc¢ wcllbeing> strcngtb¢ntng id¢ntity Values, impmry comtnuwcation and building appreciative environment ' WCVA Voluntc¢ring in Wales Fund grant awarded for a 12 motjth Valuing VoluTtt¢ers project. ' Volunte(Y Project Coordinator appointed Sept 2024. ' ComTnittncnt to Values Based tAd¢rship and embdding the Valu of KInthS& Learnin& Honw and Connection. ' R¢gular strength b&sed refiectiv¢ pwtice impletnented for staff and voluntee ' Staff and tr51¢¢& attended wellbetllg and trainang activities. ' Monthly email n¢wsktter launcbed. Pag¢ 2
BRECON AND DISTiucf MIND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 ACHIEVEMENTS AND PERFORMANCE Servlees & ProJetts OV1], Br¢coD & District Mind IMS SUprted 853 people Breeon Wellbelng Centre Located in the heart of Breeon Towryj C¢ntr¢ our community Yenue hosts our office, the lounge area and 'wann hub,, an activities room, well equipped kit¢hen and rovm5 for counselling and ilividUal sup1. SUp[ed by Core fidIng from Powys teaching H¢alth Board at the Mndance FouThdatign to revitalis¢ the Wellbeitjg Centre. incT¢as¢ availability of SUPFth wtthout appointmfDt aDd broaden ¥tivity progrrnes. This year 0¥ 258 sessions we deliYere(L and att¢nd¢d by 137 people. A generous donation h&5 be¢n r¢¢¢ived from the MIM)ndance Foundation to r¢vitalis¢ th¢ Wellbeing Centre. in¢r¢as¢ availability of individual in person support thOut appointment and bn)aden activity prograi1)mes. Outre%h Support We¢kly sessions based in CvmTnunity v¢nues in Hay & Talgarth and the Bronllys Walk & Swim club help our suppoIt be closer io home for some pcople living in the area aroutml Brw)n. Over the year. over IIM) sessions were d¢livered attrDded by around 40 wple. '8s a nLmkniver. its within walking distance for and the support is v¢ry good, 'Keeps mc well. gives mc a routine.. company... supw)rt... socialising, 'lts encouraged m¢ to get oul of the house and meet new pwl¢'. eeting up with other people are dealing with their issueg - there is no pres&uT¢ to shatt. Gail has put in touch wth oth¢r help, Indlvldw#l SupporL CouDstllAng atsd Talking Theraples Our learn of Wellbeing Pwtition¢rs support people ag¢d 16 plu$ with hat matters,. The Wellb¢ing Team is funded by a number of Sources including Powys County Coun¢il's Housing Support Grant (HSG I Supporting People), IATrttery Funding, MiDd's Cost of Living GraD( W¢ are also a partner in the 'Powys In Work Support SeThi¢e', offering individual wellbein8 supporL CBT based 'Supp>rted Self Help. and Counselling. We have bccn Succe&sfi hosting voluntrer Train¢¢ Counsellots to be able to complete their qualifications lo¢atly and are trialling the exp2n$ion of Counsellitjg io include paid for service$ in response to requests. and to give people more choice. The Counselling leam is suprorted by a new CouDselling C(xJrdinator. In 2025 we aim to join ihe British AssocE2ti¢)n of Counselling & PsychothapY (BACP) as a memb¢r in recognition of the higb standords of our Couttselling service. 89 individuals have reeeived over 600 couThselling sessions. Green MIDds We offer OPPOTtwties for 0p1¢ to reconnect with theniselves and ¢0 nature as well as develop practi¢al WKI meaningful skills. Our approach is to learn and together and walk alongside those on a joum¢y to improve and mainthin th¢irwellbeing, and we offer safe, healing envirtiDtnents that provide respite from life's daily challenges. There are OPPOTtimities io volunteer as a gardener on our Social & Th¢ratle Horiicu]tur¢ 1¢¢1 at Breei)ll Caththaj. parti¢le in one of our ccfvtherapy progtsmmes, join on¢ of our Branchillg Out local walks in nature or get involved in craft-making. The Green Minds team provid¢ support lo allow peopl¢ lo tsk¢ rnanageable st¢P5 to build thetr confidence, ski115 and bring more peace and happiness illto th¢ir lives. The project alw Tull r¢gular workshops and ¢vents. This has included plant sales and rural work5hop& Over the year w¢ have delivered 82 $s1OnS. attended by over 50 beneficiaries. Some have progressed into volunteer roles supw)rting sessions at Brecon C4thethal Gardens and Watton Allotment. Chlldren and People (CYP) Pr•jer¢ Page 3
BRECON AND DISTRICT MIND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2(125 ACHIEVEMELY13 AND PERFORMANCE ID parthership with Br¢¢on Higb Scly)ol, the wellbeing project has developed sigDifLcalltly from April 2024, off¢riDg wellbeing workshops. lunchiiDK wellb¢iD8 wa]ks and awaren¢5s rJising assemblies. Ou¢tomes: ' 70 leamers ii)ok part in 6 week wellbeing groups. ' 6/0 showed incrcascd wellbeing scores. . 7-10 Iwncrs attended mind1 walks. ' Multiple gr04TPS engaged across thc summer holidays. AchtevemeDts: ' lrtcreased pupil voice ' Trusting relationships with ststT ' Pupils self referring for support ' Improved understanding of sleep, stress and emotional regulatlon Quotes and ¢a5e studles: Leamers Feedback "It's tin]e to be calm 8nd get away from lessons to h¢lp mental h¢alth" "Thank you for ¢verything I have Teally enjoyed the9¢ ses5iOW, theyve really helped me" "I'v¢ l¢arn¢d ways lo be calm when anxio8. "It has made me more eonfident in myself, 'Rel&xes me for a bit and gives vaTiOUS ways of support" Munu Mtter Collrse & So¢ial Gro4p Funded by Thc Big LA>tt¢ry Fund People & Pla¢es grant, The proj¢ct launched in September 2023 aDd r4D until 1st May 2025,. during which time we havc delivered 7 courses with a totsl of 125 5e5SiOll5 attended by 87 different people for th¢ Mums Matter programm¢ and 90 sessions attended by 110 diff¢r¢n¢ wple for the social group. Thes¢ all have been held at the Subud Ha]1 in Brffovk. We have also provided 68 individual mun)s with l..1 support sessions. Feedback from thos¢ attending the Mums Matter course and Mums Social peer suptwrt group h&$ b¢en overwhelmingly positiv¢ and as a tvam we are v¢ry proud of the Work undcrtaken in this proj¢ct. Mums havc identified the imw)rtane and benefits of thRs Mums Matter SlipF within our local eommunity, here ar¢ a few comments Mums have shw¢d with "Making friends aDd being 8ble to discuss thjngs firely withoutiudg¢m¢nV' "Connetting with other mums undeTstsnding how our liv¢s have changed- not being alone on th¢ journey" "To meet new mums and to know Prn nol alone. "It has taught me & lot and helped with my emoiions" Blendeil CBT Lcd by Ponthafreo and alongside Mid & Nortb Powys Mind we are part of a Pouys-wide Service offering support from a prdctitioner alon8side the Silvrfloud online CBT suptM)rt programme. Ouicome data slM)ws that when receiving suppon from a worker alongside SilverClou¢ more Fwle complete the course at)d peopl¢ have improved (hlleome SenDybridge & Brecon Lex Club They movd their w¢¢Wy sessions to the Wellbeing Centre in Janw 2025. Th¢ wup a]igns with our S(1 model of support 4md sessions held An the W¢llb¢ing C¢ntre improves Ial awarcn¢s$ of ow support. Bereavement & Postvention . Page 4
BRECON AND DISTRI MIND REPORT OF THE TRUSTEES FOR THE YEAR EI¥DED 31 MARCH 2(125 ACHtEVEMENTS AND PERFORMANCE In partoership with Mid & North Powys Mind wc have secured funding to offer Bereavement C(rtmselling and a monthly upport group. We also WOTk with Powy5' Postvention wotking group. Pottery & Art in Mind Weekly Pottery for Wellbeing in Crickhowell supports people througb art and creaiivlty. Community A¢t5wltles The Activities CIM)rdinaror and Community FLmdraiser (appointed May 2024} ¢xpanded the numb¢r of activiti¢S alld events offered including: ' SUIaY Lunch pilot "Buxton Movers" project witb Hwy Feet Runnets et Brecon Athletic Club ' Mcnta] Elf Fcstivc Fun Run (canc¢llcd du¢ to Stonn Darragh) ' Wellb.ng Activities. led by volunteers incluthng Craftemoon, Poety. Music and Welsh learners 0up. ' Pilot SUPWprt groups, He18 Voices group with Early Inieryention in Psyehosis SeNiee & a BiPolar Supp)rt gn)up with BiPol#r UK DAglta] We developed lauuched a n¢w website on Mental Health Awar¢n¢ss Day in Odober 2024 with improved navigation ond events calendar. PartDersbips Mcnta] Health l¥oviders NetwoJ*. We receive ¢ore finding from PoNy$ tea¢hing H¢alth B(wd and w¢ Tegularly meet with them. other local Mentsl Health Providers 9] Powys County Council to eollabornte together a¢n)ss Powys. Minds tn Powys We work closely with Mid & North Powys Mind & ysd8ynlalS Mind to identify common needs and opportunities across the coty. One Mind in Wttles We regularly ¢ollalx>rnte with Mind Cymru and other Local Minds across Wales linkni8 local insights to national plans and vice v¢rs& Thc n¢twork is an important sourcc of information, support and influcn¢¢ that bnn8s benefits to our work in the lo1 atta. Page 5
BRECON AND DISTiucf MIND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 FINANCIAL REVIEW Trlnan<ial revie The Charity had a small deficit of £526 for the year. Trusttts f(w on the delivery ofrestricted-fi]nded projects al the stabilisation of costs: while WOTking towards rebuilding th¢ Charity's unrcstrictcd rcscrY¢s. Building these r¢s¢rv¢s remains a key priority in line with the r¢SV¢S ExTrlicy to ensutt the lon84enn sustainability of the charity during a period of ongoing financial uncertainty. Income Total inLome for the year was £424,393, compared with £456.611 in the previous year. There was a decrease in gramt in¢om¢ of approxirnately £30,0(K). The majority of Brecon & District Mind's incom¢ continues to be from eore fimding fn)m Powys T¢ach]ng Health Board and the contrad with Powys County Council's Housing Support GranL due to bc rd¢nd¢red in 2025. refle¢ting the chaTitys strong long terni pattrerships and delivery of eotnmissiolled setvices. Expendltsre Total expendifttre for th¢ y¢arwas £424,919, a significant rcduction frorn £516.568 LD the previous ycar. The main area of saving w&$ stsffing costs, which reduced to £247,572 from £364.511, representing a decre of £116,939. Whi¢h w85 due in part to projects ending du¢ to the introduction of th¢ n¢w rnental health support line '1 I I option 2, and national Mind's gtant to deliver Active Monitoring (now called Supported Self Help). TNstees have made difficult d¢¢isAons while ¢n5wing that cor¢ 5¢rvicc5 al T¢strid¢d proj¢¢ts witinu¢d to be delivered ¢ffcctiv¢ly. Finan¢i#] Sustainability Tst$ rcognis¢ tb¢ ¢harity'$ r¢liall¢¢ on a small numb¢r of ststut¢)ry fiymling wurces a1 have plans to div¢r5ify income streams. These plans include expanding Community funijraising and d¢v¢loping paid.for s¢rvie¢s for loul employers, community groups and individuals, such as coultsellll services and training, which are often requested. These initiatives are tntended to strengthen unrestricied income and support the chariws financial resilience in future years. Reserves polky Th¢ ttustees minimum aMot of reserves levels is set at £IOO,O(Xl. The objective of the Truslge5 IS to build a level of free reserves equal to the average fixed c<)mmitments' for th¢ ensuing 9 months, amounting to approximately £300.000 wkn.ch would proyide the foutthtioJ]s for tbe future stsbility of the organization. Th¢ level of fre¢ Tes¢fv¢s ot 31 Mawh 2025 amounted to £155,093 (2024: £84,084) Golng eontern Tnlee5 consider the clwity a going concern based on conf[rnd fiding arKI operattonal plans for 2025-26. Financial Risks Key risks it)clude income volatility, cost pre5sure5 and reliance on grdllt furKling. Mitigatiott includes diversification of incorn¢, financial ov¢rsight monitOTing via Financ¢ Committ¢¢ and r¢gular by tNst¢¢s. Page 6
BRECON AND DISTIUCT MtND
REPORT OF THE TRUSTEES
FOR THE YEèKR ENDED 31 MARCH 2025
PLANS FOR FUTURE PERIODS (2(12>26)
. Year 2 of the organisattonal strdtegy to be implemented
' 0rloal Plan to guide delivery and development
' Trust¢¢5 ar¢ addressing a projxted deficit bet through strengthened fimdrhisin% community ellga8emellt and
. Continued development of marketing and digitsl cthnmLmt¢atii)Ls
. Tnjsttt training progrdmme to be introduced following training audit
' Investors in Volunteers a5sessmeDt plaDn¢d for (ktob¢r 2025
' Volunt¢¢r 5t¢¢ ffcrnitsnent evenings to run annually
' Team days for tNsttts. staff voluntee15 to continue. ID April 2025, celebrations recoEnised culturnl change, MQM
award and positive irnprovements in shared values and wellbeing
lrnplemcntation of the Equality, Divetsity and Inchlon (EDD Action Plan. overseen by Trnstee Iad Stephanie
Davi
srRUCTURL GOVERNANCE ATr4D MANAGEMENT
Governlng dotument Governallce Review
The ¢hsrity is controlled by its 8oYcrnin8 do¢umenL a deed of knJ$L and eoAgtitute# a limitcd company, limited by
guaraniee, &$ defin by th¢ Companies Act 2006.
A Gov¢man R¢vi¢w was conducted dwitig the year, resulting in & new governing document approved at an
Extraordinary General Meeting in October 2024. Our new Influcnce ond Participation Policy now cnables beneficiaries
volunt¢$ to take part and infiuence t}ughOut the yearTather not only at th¢ ADnu8i G¢n1 Mc¢ting.
Govcrnan
BRECON AND DISTRtCT MIND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 The tru5te¢s who ar¢ a15ts dt[S of the charity for the purpose5 of the CornpaDie5 Act 2(K16. pr¢5ent their report with the financial stattments of the charity for the year etmled 31 Match 2025. The trustees have adopted the pViSIOnS of A¢¢ounting and Reporting by Cloriiie%: Statement ot R0MMended Practice applicable to charities prqwing their accounts in accordance with the FiTwJcial RcFQrting Standard applicable in the UK and Republic of Ireland (FRS 1021 {¢ffcctiv¢ l January 20191. STRUCTL.RE. GOVERNAI¥CE AND WAGEMENT Governing document The charity is ¢4)ntrolled by its gov¢rnitig dOcunlt, a deed of t1, aud constitutes a limited company. limited by guarant¢¢. as d¢fjn¢d by the Companies Act 2006. REFERENCE AND ADMINISTEL4TIVE DETAILS Reglstered Company number 07814Q(X> IEtsg]8nd and Wales) Rwstered Ch•rity number IIL+S*ii Reglstered office Ty Croeso St David's House 48 free Street BtY¢otJ Powys LD3 7BN Trustee5 Mr David Canning CoJJsultant Ms Siephani¢ Dttvi¢s Operations Manager lappotttted 19.11.241 Ms Amic Louise Evans Nurs¢ry Manager (appointed 25.2.25) Mr Carado¢ Fitzg¢Id Lowe Joincr M5 Claire Mi>ore Self Employed Ms Eva Melissa RoshwL Writer Comp#Ny Secret#ry Mrs Sally Caiheritte Morris Independent Examintr Williatn5 Dcnton Chartered Certified A¢countant5 Glaslyn Ffordd y Parc Parc Menai BallgoT LL57 4FE Approved b order of the boatd of trustees on. . and signed on lis behalf by: Mr Caradoc FiL£g Poge 8
INDEPENDEINT EXAMINER'S REPORT TO THE TRUSTELS OF BBICON AND DISTiucf Ll(tND Independenl examiner's Ptrrt to the tru5te¢$ of Br¢con And Dl8trlct Mlnd ('th¢ Company,) I rewrt to the chwity tteeS on my examination of the accounts of ihe Company for thc ycarcnded 31 March 2025. Responilbllities and b&515 of report As the charity's tNstees of the Compatty (aThJ olso its dfftiector5 for the purposes of company law) you #re r¢slI5]b]e for the prePalon of ihe accounts iti accordance with the requirem¢nts of the Companies Act 20061'the 20(16 Acfj. Having satisfied myself that the accounts of the Company are not required to be audited Part 16 of the 2(M)6 Act and are eligible for ]ndependent exatnination, I report in respect of my exalnination of your charitys ac£ounts as carried out under Section 145 of the Charities Act 2011 I'the 2011 Act'l. In carrying out my exami¢utt¢)n I have followed the Directions wvett by tbe Charity Commi5sioll under Section 145{5) 0)) of the 2011 Act. Independent txanthier's rtatrment Since your charity's wss income exceeded £250,IM)O your examiner must be a member of a listed body. l ¢aJJ ¢onfim) that l am qu21ifi¢d to uud¢rtake the examination because l am a m¢mir of the Association of Chartered Certified Accountsnts, which 18 one of tbe listed bodies. I have completed Y exarnination. I confinn that no matt¢ts have ¢ome to my attention in ¢onn¢¢tion with the ¢xaiiiination giving m¢ caL4e to beli¢v¢'. ting tEC4)t)Is were tK>t kept in respect of the Company ag requiredby Section 386 of the 21M)6 ACL. or the accounts do not acc4)rd with those words,. or thc aOUnts do nol comply with the accounting requirements of Sction 396 of the 21X)6 Act other than any ttquirement that the aceounts giv¢ a true and fair view which is not a inatter con5idcred part of an independent ¢k2mination' or the accounts have not been prcparcd in accordan¢¢ with the metho(Ls and principles of ihc Statemcnt of R¢commcnd¢d Practice for accoting and reporting by charities (applicablc to charitics preparing their accounts in accordance with the FInaCIal Rcporting Stsndard applicable in thc UK and Republic of Ircland (FRS 102)}. I havc no c4Jncems and have c¢)me across no other matters in connecti¢)n with the examination to which attention should drawn in this report in order to enable a proper understanding of the accounts to be reached. Martin Steven BaTr¢tt Wilhams D¢Dton Cyf Chartered Certified A(*ountants Gla51yn Ffordd y Par¢ Parc Menai Bangor Gwynedd LL57 4FE Dat¢.. Page 9
BRECON AND DISTIUCT MIND STATEMENT OF FINANCIAL ACTIVIT FOR THK YEAR ENDED JI IbL4RCH 21J2S 2025 Ttstsl fvndi 2024 Total Unrestricted fimd Restricted Note9 INCOME AND ENDOWMENTS FROM DoDatiolls and legacies 23J56 7.659 31,215 36,635 Cbaritable actiyities GENERAL 206,239 124,174 390A13 417,983 Inve51ment ille4e 2,765 1765 1,993 292,560 131,833 424J93 456,611 EXPENDITURE ON Raising funds 9,529 9,529 5,113 Charitable gctivitie5 GENERAL 212,022 203J68 415,390 511.455 Tot 221,551 21b3J68 424.919 516,568 NET INCOLIIFJ(EXTENDITURE) 71,009 (71,535) (526) (59,957) RECONCILIATION OF FUNDS Total funds brought f(TrThYard 084 91581 17&665 238,622 TOTAL FUNDS CARRIED FORWARD 155,093 17&139 178,665 The notes forni part of these finaTKial stsiements Page 10
BRECON AND DISTRICT MIND BALANCE SHEET 31 MARCH 2025 2025 Totsl ffuDd• 2024 Total U]estriCted Restrickd fiwds Notes FIXED ASSETS Tangibl¢ SCts 6J91 6,391 CURRE]Yr ETs Debtors Cash at bat 5999 15&730 5,999 181,780 8,969 178.852 164,735 187,779 187,821 CREDITORS Amounts falling due wxthin on¢ y¢or {1fj031) (1&031) {20256) NET CURRENT ASSETS 148,704 23.044 171,748 167,565 TOTAL ASSETS LESS CURRENT LIABILITIFS 155,095 23,IM4 17&139 178,665 NET ASSETS 155.095 17&139 178,665 FUNDS Unrestricted fvnds Restricted funds 155,095 23.044 84,084 94,581 TOTAL FUNDS 178,139 178.665 The ¢haTitable ¢ompany is ¢ntitled to ¢xemptioD from alIt Se¢tion 477 of the Companies Act 21K)6 for the year ended 31 March 2025. The members have not rwired the company to obtain audit (Trf its finan¢ial siat¢J))¢nts for the yr ended 31 March 2025 in accordane¢ with S¢¢tion 476 of the Companies Act 2(K)6. The trustees acknowledge their rwonsibiliti¢s for (a) ensiirÉii8 that the charitable cowy keep5 accouDting records that comply with SectiotkS 386 387 of the Companies Act 2006 and preparing financial statements which give a tswe alld fair eW of th¢ stst¢ of affai of th¢ d)aTitsble company as at th¢ end of each financial year at of its surplus or deficit for each fmancial year in accotdance with the rffjuiffments of Sections 394 and 395 and which otherwise cornply wlth the requirellhents. of th¢ Companies Act 21M)6 relating lo financial Statements, 50 far as applicable to the charitable company. (b) The tte% forni part of th¢s¢ financlal st4t¢meJ)ts Page 11 ¢olltinued...
BRECON AND DISTRICT MIND BALANCE SHEET- tontiDued 31 I¥1ARCH 2025 Th¢se fjrwiciat 5tat¢m¢nts have b¢¢n pr¢pat¢d in accoEdaDf¢ with tbe provistons applicable to clwliable companie5 subject tts the small ¢ompanies regime. wue approvrd by th¢ Board of Ttwt¢¢s and authoriscd for issue d w¢r¢ signed on its behalf by.. Mr Carddoc Tritzgerdld Low¢-Trustee Tbe notes fom] patt of th¢se fijwwial 5ratements Page Si
BRECON AIYD DISTIUCT MIND NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 AcCOUNTC POLICIES Basls of preparing the flnane5*1 st#tetDcnt8 The financial statemet]ts of thc charitable company, which is a publi¢ benefit entity der FRS 102, have been pr¢p3r&l in accordance with the Chariti¢S SORP (FRS 102) 'Accounting and Reporting by Charitics". Ststem¢nt of Recon]mended Pradi¢e applicablc to charities Neparing their ac£ounts in accordance with the Financial R¢porting Standard applicable iti the UK and Republic of Ireland (FRS 102} (effe¢tive l January 2019),, Financia] Reporting Standard 102 Th¢ Financia] RertIng Standard applicable in the UK 2nd Republic of Ireland, and the CompAni¢$ Art 21)06. The financial statements ltsve be£n prepar¢d und¢r thc historical cost convention. Ineome All income is recognised ill the Ststement of Finoncial Activities once the charity has ¢ntitl¢m¢ni to the fimds. li is probable that the incom¢ will b¢ e1Ved and the amount be mvasured reliably. Expenditure Liabilities are recognis¢d 09 expenditure as soon &8 th¢re is a legal or constnjctive obligation ¢ommitting ibe charity to that exd1tLe, il is probable that a tr4nsfer of economi¢ benefits will be required in settlemenl and the amouDt of th¢ obligalion can be measured reliably. Expenditure is accounted for on accruals basis and has Ixen classified under headings that aggregate all cosi related to the category. Wh¢te costs CAtmot be dire¢tly attributed io particu]ar heading5 th¢y have been l(ted to artivities on a b19 c4)nsisient with the use of rwources. Tallxible fixed Assets Depreciation is provided at the following annual iti order to write off rdcb asset over its esh'matsd useful lif Fixlures and fittings mOr vehicl&s 2¢P/o on reducing balance 21PA on reducing balance TAxation The chatity is exempt from COOratiOn th on its charitable activities. Fulld xeeollntlng Unrestricted funds can be wed in a¢cordance with the charitable ObJtiVeS ai the discretion of th¢ trustees. Rcstricted thnds ean only used for particular restricted purposc$ within the objccts of the chariiy. Restrictions aTise when se7cd by the donor or when futKJ5 aTe rnised forparticular thictcd PUTP05es. Furthcr ¢xplatJation of th¢ natur¢ and purpose of each fimd 1$ included in the notes to tk f]nancial statements. Page 13 continued...
BRECON AND DISTRicf MIND NOTES TO THE FINANCIAL STATEMENTS- wntinued FOR THE IAR ENDED 31 MARCH 2025 INVESTMENT INCOME 2025 2024 Dysit account int¢re$t 2,765 1,993 NET INCOMEI(EXPELWlTURE) income1(exdjtsJre) is stated after chaTgingl(crediting).' 2025 2024 Auditors, r¢mun¢rdti¢)n Depreciation. owned a&s¢ts SulUSI{defic]t) on dlsposal of fixed as5¢ts 3,752 1,598 (3,044) 3,498 1.297 1.178 TRUSTEES, REMUNERATION AND BEYEFITS There were Jki thjsttts, remun¢r41ion or other benefits for the y¢ar end¢d 31 Mah 2025 nor for the y¢ar ¢nded 31 MaTd] 2024. Trustees, expenses There w¢r¢ no tNstees' expettses forth¢ y¢wr ended 31 Mah 2025 nor forthe y¢ar ¢nded 31 March 2024. COMPARATIVLS FOR THE STATEMENT OF FllNANc AcfIviTIES Unrestri¢iLMI Restricted Totsl INCOME AND ENDOWMENTS FROM Donations and lega¢ies 36,515 120 36,635 Charhble #¢tivi¢ies 195,939 222,044 417,983 Jnvesttnent income 1.993 1,993 Tot1 234.447 222.164 456,611 EXPENDITURE ON Raising fi]thls 5.113 5,113 Charitable aedvlties 271,712 239,743 511,455 To•¥1 276,825 239,743 516,568 NET If4COMEI(EXPENDITURE) Trgnsfers between funds (42.3781 (7.1711 (17,579) 7,171 (59,957) Net movement In funds {49,549) (10,408) (59,957) Page 14 continued...
BRECON AND DISTIUCT L¥IIND NOTES TO THE FINANCIAL STATEMENTS- coDtiDued FOR THE YEAR KNDED 31 MARCH 2025 COMPARATIVES FOR THE STATEMENT OF FllNANcL ACTIVITIES- continued UnTestri¢ted Rcstrictcd fimds Total RECONCILIATION OF FUNDS Totsl funds brought forward 133,633 104,989 238,622 TOTAL FUNDS CARRIED FORWARD 84,084 94,581 178,665 TANGIBLE FIXED ASSETS Fixtures Freehold Motor vehicle5 fittiD85 Totals COST At l Aptil 2024 Disw)sa15 22,947 9,495 {9rt95) 45,442 {9,495) At 31 March 2025 13,IKIII 22947 3S947 DEPRECIATION At l April 2024 Charge for year Eliminated on di5pospI 13,110 149S8 I98 34J42 1.598 (6J84) (OJ84) Al 31 March 2025 13,Otio IA556 29O56 NET BOOK VALUE At 31 March 2025 6J91 6,391 At 31 blorch 2024 7,989 3,111 DEBTORS: AMOur FALLING DUE WITHIN ONE YEAR 2025 2024 Trade debtots Prepaymenrs 5,711(1 299 5,567 1.582 7,149 Page 15 continued...
BRECON AND DISTRICT MIND NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 IWCH 2025 CREDITOILS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2025 2024 Trade creditors Other creditors A¢wal$ and d¢r¢tr iD¢orne 7.IA18 4543 3,880 12.046 2,059 6,151 1fiO31 20.256 MOVEMENf IN Fill¥DS Tr4et movemcnt fimds At 31.3.25 At1.4.24 UJbTeJlrid¢iJ funds General fund 71,011 155,1195 Restrktod funds Friends of Brecon Mind Mums Mau My Generation Green Minds Children and Young Peopl¢ Fut Crisis Preventio Couttselling Engagement Project Cost ofLiving- ment41 wellbeing VWG Postvention Buxton Mov¢ts 2941 23.862 2,652 9,407 203(10 469 (2,500) (12,422) (2,052> (7,457) {16,684} (469} (4544) {9,034) {5J60) (112511) (103) 938 441 11,440 1,950 3.516 9.930 8J49 11,2511 896 2989 874 938 94,581 (71537) 23,1144 TOTAL FUNDS 178,665 (526) 178,139 Page 16 continucd..
BRICON AND DISTRICT MJND NOTES TO THE FINANCIAL STATEMENfs- conlitiued FOR THE YEAR EI¥DED 31 MARCH 2025 MOVEMENf IN FUNDS. eonthiued Net movement in fvnds, included ID the alM)ve are &% follows.. Resour¢c5 Movcfftent in funds Unrestrided funds fjcnml fimd 292561 {221S50) 71,1111 Restrleted fvnds Friends of Brecon Mind Art Project Mun)s Maiter My Generation Green Minds Children arKI Young People Fund Crisis Prcv¢ntion Coun5elling Engagement Proje£r C051 of Living- mental w¢llbeing VWG Postvention MNPM. B¢reavemen¢ Ponthafren BxtOn Movcrs twss (2,$00) (&257) {62336) 12,652) (27,678) (17,684} (469) 6,966) (9,035} (5J60) (21498) (103) 1&931) (13074) {1,062) (2,500) 257 49,814 (12,422) (2,652) (7.457) {16,684} (469) (4,544) (9.034) (5J60) (11250) (103) 20,221 12N22 liJ48 V31 13J74 938 64 (fj064} 131,832 (203J69} (71537) TOTAL FUI¥DS 424J93 (424919) (526) Page17 contitMRd..
BRECON AND DISTiucf MIND NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR EL¥DED 31 MARCH 2025 MOTrTMENf IN FUNDS- continued ComparA¢ives for moyement in funds Net m(Trvemellt in fid$ Transfers between fLmds At 31.3.24 At 1.4.23 Unrestrlcted fndS G¢n¢rnl fi]nd 133.633 (42,378) (7,171) 84,084 Restricted funds FTicnds of Brecon Mind Art Project Mums Matter Dr Sowerby V¢hi¢l¢ Active Monitoring Social Prescribing Dads Res¢4rth My tieneration Green Minds Chilthen and Young People Fund Digitsl Work Crisis Prev¢niion Counselling Community LisieThers EDgogemcnt Project Cosi of Living- mentsl wellbeing VWG Postvention 2,821 4,302 16,494 11,W4 13,161 9,022 647 7209 20,594 1.133 559 4,921 7,501 5,531 120 (4,302) 7,368 (1,835) (13,161) (9,022) (647) 14,557) (11,187) 19,(Tr67 1559} {4.452} {2.957) (5.531 } 9,930 {8,081) 11250 977 2,941 23,862 (9259) 2,652 9.407 20.21)0 469 4,544 9.930 8.349 11,250 977 16,430 104.989 {17,579) 7.171 94.581 TOTAL FUNDS 238,622 {59.957) 178,665 Page 18 continueiL..
BRECON AND DISTIUCT NIIND NOTES TO THE FINANCIAL STATEMENTS- eonlinued FOR THE YEAR ENDED 31 TrL4RCH 2025 MOVEMENT IN FUNDS- condDued Cornpardtiv¢ nd movemenl in funds, included in the above are as follows.. Incoming Resources expended Movement in ndS Unrutri¢ted fund$ General fimd 234.447 (276,825) (42,378) R¢stri¢¢¢d funds Friends of Bre¢on Mind Art Project Volunteering 120 3,139 120 (4.302} (7,441) 2,5 49,180 30 47,158 20,131 (2,500> 141,812) {1:865) {60,319} (29,153 } (647) (4,557) (23.748) {1.933) {559} {27,462) (7.110) (5,155) {5,531) Mums Matter Dr Sowerby Vehicle Activ¢ Monitoring Social Prescribing Dad's Rc5e4rch My Generation Gr¢¢n Minds Children and Young People Fund Digital Work Crisis Pr¢v¢ntion Counsellmg Coryllnunity Matters Community ListrneTS Engagem¢nt Pn)ject Cost of Living- mental wellbeing VWG Postyention 7,368 (1,835) (13,161) (9,022) (647) (4,557) (11,187} 19,067 (559) (4,452) (2,957) 12,561 21.IMM) 23,010 4,153 5,155 (5,531) 9,930 18,081) 11,250 977 9,930 11,820 11,250 1,027 (19,901) (50) 222,164 {239:743) (17,579) TOTAL FUNDS 456,611 (516,568) 159,957) Page 19 ¢ontinued...
BRECON AND DISTRICT MIND NOTES TO THE FINANCIAL STATKM£NTS- eODrfnued FOR THE YEAR ENDED 31 ThL4RCH 2025 MOVEMEKf IN FUNDS- eontlnued A QllTent year 12 months and prior y¢ar12 months Mb]lled position is as follows: Net mov¢m¢nt in TraDsfeTS between fijllds At 31.3.25 At 1.4.23 Ullrestrleted futtds General fu1 133,633 28,633 (7,171) 155,095 Re8trleted funds Fri¢Dds of Br¢n Mind Art Project Mums Mattcr Dr Sowethy Vehicle Active Monitoring Social Prescribing Dad's Rescarch My Generation Grccn Min¢Ls Childr¢n and Young People Fund Digital Wot* Crisi5 Prevention CouNelling Cornmunity Listeners Engagernent Proje¢t Cost of LI1n8- mental wellbein8 Postvention Buxton Movers 2,821 4,302 16.494 (2,380) (4,302) (5,054) (1,835) (13,161) {9.022) (647) {7,209) (18,644) 2,383 {5591 (4,921) 17.501) 15,531) 896 {13,441) 874 938 11,440 {9,259) 13,161 9,022 647 7.209 20.594 1,133 559 4,921 7,501 5,531 1,950 3.516 896 2,989 874 938 16.430 I,989 (89,116) 7.171 23.044 TOTAL FUNDS 238.622 (60.483) 178,139 Page 20 continued...
BRECON AND DISTIUCT MIND NOTES TO THE FINANCIAL STATEMENfs- tonthhued FOR THE YEAR EI¥DED 31 MARCH 2025 MOVEMENT IN FUNDS- coD(inued A cumt yeax 12 months and ]0[ year 12 OnthS cojnbined n¢t movement in fiuth. in¢lud¢d in th¢ above aTe a5 follows.. Incoming Resources Movement in fimds Unrestrlcted funds Genernl fund 527,008 (498,375) 28.633 ReJ¢rleted funds Fri¢nds of Brecon Mind Art Project Volunteering 120 9.396 {2,5(X)) {13,698) (2,380) {4,302) 2,5(K> 98,994 30 47,158 20.131 (2,51K>) (104,IH8) (1.865) (60,319) (29,153) 1617} (7,209} (51,426) (19.617) (559) (27.931) {24.076) {5,155} {5,531) (9,035) (25.261) (22,498) (153) {8,931) {13.¥74) (1,062) Mutns Matter Dr Sowerby Vehicle Active MonitOriD8 Social Prescribing Da(f5 ReSeah My Gen¢ration Green Minds Children and Young People FWKI Digital Work Crisis Prevention Counseliillg Cornmunity Matters Community Listeners Engagement Projcct Cost of Living- mental wellbeing VWG Postvention MNPM. Bereavement Ponthafren Buxton MoYcr5 Iwss (5,054} (1.835) (13,161) 19,022) ((A7) {7209) (18.644) 2,383 (559) (4,921) (7.501) 32,782 22.(MK> 23,010 16,575 5,155 {5.531) 896 (13,441) 9,931 11,820 22,498 1,027 8,931 13,874 874 938 6,0()4 (6,061) 353,996 {443.112) {89,116) TOTAL FUNDS 881,004 (941.487) (60.483) Pagc21 continued...
BRKCON AND DISTRICT MIND NOTES TO THE FINANCIAL STATEMENTS- CODtlnued FOR THE YEAR ENDED 31 MARCH 2025 io. RELATED PARTY DISCLOSURFS Th¢r¢ were DO related party transactions for the year ended 31 Mawh 2025. Page 22