Docusign Envelope ID: 1918503E-4183-89AA-81A5-57FD1797E7F7 

**REGISTERED COMPANY NUMBER: 08000094 REGISTERED CHARITY NUMBER: 1148312** 

## **Report of the Trustees and** 

**Unaudited Financial Statements for the Period 1 April 2024 to 30 September 2025** 

**for** 

**Cardiff and Vale Action for Mental Health** 



Docusign Envelope ID: 1918503E-4183-89AA-81A5-57FD1797E7F7 

## **Cardiff and Vale Action for Mental Health** 

## **Contents of the Financial Statements for the Period 1 April 2024 to 30 September 2025** 

|||**Page**||
|---|---|---|---|
|**Report of the Trustees**|1|to|7|
|**Independent Examiner's Report**||8||
|**Statement of Financial Activities**||9||
|**Balance Sheet**||10||
|**Notes to the Financial Statements**|11|to|17|





Docusign Envelope ID: 1918503E-4183-89AA-81A5-57FD1797E7F7 

## **Cardiff and Vale Action for Mental Health (Registered number: 08000094)** 

## **Report of the Trustees for the Period 1 April 2024 to 30 September 2025** 

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the period 1 April 2024 to 30 September 2025. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). 

## **Objectives and activities** 

## **Objectives and aims Cardiff and Vale Action for Mental Health** 

Involving People - Improving Mental Health Services 

## **Charitable Objectives** 

The charity's objectives are to promote any charitable purposes for the benefit of those people experiencing mental health problems within the Locale and assisting the work of voluntary organisations, mental health service users and carers acting in the mental health sector. 

## **Vision** 

Mental health services in Cardiff and the Vale of Glamorgan recognise people's strengths and are truly responsive to their needs. 

## **Mission** 

To bring together voluntary and community groups, individuals with lived experience and carers in order to improve and shape mental health services. 

## **Values** 

Person-centredness; Inclusion; Equality; Empowerment; Hope and Positivity; Independence; Collaboration. 

## **Public benefit** 

We review our aims, objectives and activities each year with our stakeholders - looking at the outcomes of our work against objectives in the previous year and setting objectives for the year ahead. In doing this, we take account the guidance contained in the Charity Commission's general guidance on public benefit, thus ensuring that our work continues in its purpose in assisting voluntary organisations, mental health service users and carers. 

## **CAVAMH Closure** 

In November 2024 the cavamh Board informed the membership that cavamh intended to close in 2025 due to the loss of core funding. This was confirmed at the AGM on 12th December 2024. Confirmation of the date of closure and the decision of the membership regarding the disposal of final assets was agreed at the SGM on August 21st 2025. closure of public facing services at the end of August 2025 followed by office closure and staff redundancy at end September 2025. The cavamh website and resources, closed to new entries post September 2025, will be taken offline at end March 2026. 

Cavamh has been operating since 1993 - over 30 years. We are very proud of everything that has been achieved. 

Page 1 



Docusign Envelope ID: 1918503E-4183-89AA-81A5-57FD1797E7F7 

## **Cardiff and Vale Action for Mental Health (Registered number: 08000094)** 

## **Report of the Trustees for the Period 1 April 2024 to 30 September 2025** 

## **Achievements and performance** 

## **Charitable activities** 

A mental health development service to voluntary organisations (including lived experience and carer groups) with an interest in mental health, providing services in relation to development and consultancy, joint working, information, training, policy development & consultation, influencing change, and mental health promotion/prevention through Cardiff & Vale Mental Health Forum. Funded through statutory and charitable project funding and reserves. 

CAVAMH decides its priorities and annual workplans through annual review & evaluation via Cardiff and Vale Mental Health Forum - open to all stakeholders and members. We also manage other projects in line with our objects. Additional Projects this year have included funded training programmes for voluntary organisations, development support and a small grants fund for small groups supporting mental health and wellbeing, peer led evaluation such as peoples lived experience of the Mental Health Act Assessment process in the Vale of Glamorgan, and Your Voice Matters - Young Peoples' Mental Health and Wellbeing Survey/launch. 

A summary of the work of cavamh, April 2024 - September 2025 is confirmed below; 

## **Supporting development and building an effective voice through networking** 

CAVAMH have provided services to over 615 members and 135 voluntary organisations with an interest in mental health, over the period, through networks and events, information, and training, facilitating joint working and stakeholder voices in policy development, and liaising with a number of statutory sector and other organisations. cavamh connected with 60+ new group members this year. 

The opportunity for networking through the Mental Health Forum and its interest groups has remained key for engagement, dialogue, action and service development. Meetings, workshops, training, and events have enabled members to share information and good practice, co-ordinate our local voice, and develop shared action to improve mental health and wellbeing services and build service partnerships. 

As a membership organisation, all members of the Mental Health Forum and interest groups are members of cavamh, with full members being those voluntary organisations operating in Cardiff and the Vale or Glamorgan with an interest in mental health. Associate members include voluntary organisations operating in Cardiff and the Vale of Glamorgan and the wider area and statutory members and individuals with an interest in mental health. 

## **The Work of Cardiff and Vale Mental Health Forum** 

Cavamh supports the Mental Health Forum - voluntary sector groups with an interest in mental health and associate members - in relation to networking and development, information, training, mental health awareness and voice - promoting the voluntary sector and community voice in relation to mental health. The voice and experience of people with lived experience is key to everything we do. 

## **Networking and development** 

This year cavamh has developed new opportunities for partnership working, research and evaluation, mental health information and awareness, - supporting local and national voluntary sector development in relation specifically to mental health and young people, older people, and in relation for example to areas for development that promote mental health and wellbeing, such as nature. 

We have focused especially on supporting small community and peer led groups through development and rollout of the Small Grants for Small Groups Fund. This would not have been possible without the support and contributions of cavamh's members. 

Thanks to all those who have contributed to the outcomes. 

The Mental Health Forum collectively has focused on social prescribing and developing links with GPs, how to effectively ensure access to help in a crisis, and support for organisations supporting people feeling suicidal or self harming. 

**Mental Health Forum interest groups** over this period have particularly focused on: 

o Nature and Mental Health - bringing together older and emerging groups, supporting new opportunities for mental health and wellbeing in nature in all its forms, and evidencing good practice and research, now a network of 35 organisations. 

o Counselling Services, - maintaining and sharing the local Counselling Services booklet o Children and young people - Join the Dots- supporting the voice of young people 

## **cavamh has continued to jointly manage Mental Health Action Wales, with our co-partners, West Wales Action** 

**for Mental Health -** the network of local voluntary organisations and those working at the local level, and in liaison with Welsh Government on new developments, enabling the local voice to be heard collectively at the Wales level. 

## **Small Groups Development Project and Small Grants for Small Groups Fund** 

Page 2 



Docusign Envelope ID: 1918503E-4183-89AA-81A5-57FD1797E7F7 

## **Cardiff and Vale Action for Mental Health (Registered number: 08000094)** 

## **Report of the Trustees for the Period 1 April 2024 to 30 September 2025** 

This year, cavamh recruited Ravi Vedi to manage the new cavamh Small Groups Development Project - providing development support to a wide range of community, peer led and emerging groups supporting mental health and wellbeing, co-ordinating funding information, and developing and rolling out the Small Grants for Small Groups Fund supported by the multi-stakeholder Small Grants Committee. The project supported 18 small groups in their development with funding up to £500 per group, and with the support of the multi-stakeholder Grants Committee funded 15 groups to roll out mental health and wellbeing initiatives over two funding rounds. 

## **Tailored local support de-mystifies the application process & unlocks potential . Flexibility is vital for inclusion:** 

## **Relationship-building pays mutual dividends** 

**Applying for funding can be stressful for most of us** : The bespoke support enabled at least 3 applicants experiencing mental health challenges to apply and reflect their organisational and community connection skills whilst developing their application skills. 

**Use of AI** One group used AI to develop their funding application - our learning with them was that ownership of the narrative is essential. 

**Local grants, lasting impact** : Even modest funding, delivered with the right support, can initiate meaningful change. Managing a small grant has given organisations the experience needed to work with larger funders in the future, while successes-both large and small-have contributed to a growing sense of achievement and community pride. 

**Appreciating in kind support from larger established local organisations:** Three of the groups we have worked with have been able to set up and grow because of the offer of free space and holding grants until the groups formalise , including South Riverside Community Development Centre (SRCDC) , Action for Ely and Caerau (ACE). 

## **Voice and Policy Development** 

**Consultation Responses:** Through the Mental Health Forum, cavamh has co-ordinated collective voluntary sector responses to the **All-Wales Mental Health and Wellbeing Strategy** in partnership with C3SC and GVS, and separately to the **All-Wales Suicide and Self Harm Strategy, and local Delivery Plan** . cavamh has also supported participation in local service planning co-ordinated by Cardiff and Vale Regional Partnership Board, and Mental Health Services for Older People ; and Wales wide - via Mental Health Action Wales. 

## **'Your Voice Matters' Survey- the voice of young people aged 11-25 with lived experience of mental health challenges.** 

Through the Join the Dots Mental Health Forum Young People's Group 30+ organisations and young people came together to draft and share a survey to gather the views of young people with lived experience of mental health in Cardiff and the Vale of Glamorgan. 

Promo Cymru supported the survey online and Grassroots, BEAT and several groups supported the pilot and roll out. Surveys were completed by 124 young people and the results collated by peer researcher, Zoe John. 

An event to share the feedback, was held in July 2025, including young lived experience speakers, was held in the Hangout in Cardiff, attended by about 30 young people and groups. The survey is owned by all and the results shared with planners and providers and available for any future development. Thanks to all the groups and young people who contributed to share their experiences. 

## **Peer Evaluation Project - lived experience of the implementation of the Mental Health Act Assessment process in the Vale of Glamorgan, funded by Vale of Glamorgan Council** 

Cavamh employed Zoe John as peer researcher and Mike McCandless as support worker to undertake an evaluation of peoples lived experience of assessment under the Mental Health Act, funded by the Vale of Glamorgan Council Social Work Department. The report was finalised in summer 2025 and an event co-ordinated by Vale of Glamorgan Council held in September to share the feedback. 

## **Information** 

Cavamh communicates via newsletter, e-bulletin, notice board padlet, phone and website, as well as face to face. 

Within the Mental Health Forum, targeted information is shared across eight areas of interest within the membership, such as older people, education and training, and interests such as housing, mental health and substance use, carers, alongside regular e-bulletins and newsletters. 

We have continued to share information, ideas, developments and activities through our weekly e-bulletins, - available to members and interest groups, and publicly on our website, and through focused service information booklets, such  as counselling services and older people's mental health. 

On our website, we have set up new articles and pages, relating to funding and nature, and maintained the Information board, (padlet) and local Mental Health Service Directories. 

## **Training** 

Page 3 



Docusign Envelope ID: 1918503E-4183-89AA-81A5-57FD1797E7F7 

## **Cardiff and Vale Action for Mental Health (Registered number: 08000094)** 

## **Report of the Trustees for the Period 1 April 2024 to 30 September 2025** 

Following feedback from our members on the need for training - especially in relation to suicide and self-harm, cavamh funded and ran **14 free training events** attended by **121 people** , - 167 having booked. Thanks to our valued colleagues, Bridgend Samaritans, - who provided a series of 3 training events, and Diverse Cymru, and Gamcare for collaborating with us to provide some of the free training. 

We continued to circulate details of all other relevant training though our e-bulletins and have made productive connections with Cardiff Council to share their Health and Social Care training opportunities with the membership. 

**Unmet Needs** -Within the Mental Health Forum we have continued to collate and develop our responses about unmet needs to influence the development and delivery of services, feeding into the national analysis of needs via Mental Health Action Wales and locally with the Regional Partnership Board and via Mental Health Services for Older People. 

## Mental Health Awareness 

cavamh organised 6 local events for Mental Health Awareness Days in May 2024 and 2025, and for World Mental Health Day in October 2024, in locations across Cardiff and the Vale of Glamorgan. 109 agencies and groups took part with stalls and activities,-providing opportunities to both reach and share information with the public, and as organisations to connect, reflect, and identify key needs, gaps and areas for development. 

We have continued to contribute locally to other consultation and information activities such as the Minority Ethnic Communities Health Fair, Opening Doors Dementia Community Awareness Events, and helped co-ordinate the EmpowerMind Older People's Mental Health Engagement Event. 

Cavamh also commissioned a **Mental Health Forum video** at the 2025 Mental Health Awareness events, produced by Breathe Creative, - sharing contributors perspectives on the value of community to mental health and wellbeing. 

## **Funding** 

The Vale of Glamorgan Council has continued to fund cavamh to undertake a peer evaluation project into the lived experience of people living in the Vale of Glamorgan and experiencing assessment under the Mental Health Act. Funding from Zurich International has supported the Your Voice Matters Survey with young people aged 11-25. Other work has been supported by cavamh's reserves. 

**Thanks** to all our members and contributors who have given their time over this last 18 months, - and since 1993, to contribute and make a difference to local mental health services and mental health. 

## **Financial review** 

## **Results** 

The charity reported total income for the period of £95,636 (2024: £102,730). Of this income £4,359 related to restricted activities. 

The net deficit for the period was £131,248 (2024 surplus: £12,408) which has decreased total reserves to £22,697. (2024: £153,945). 

All reserves are related to net current assets. 

## **Investment policy** 

The trustees had invested any surplus monies into a deposit account up to August 2025. 

## **Reserves policy** 

The reserves policy of cavamh recognises the need to hold reserves to ensure funds are available to promote the benefit of those people experiencing mental health problems should the income levels fall. A minimum level of reserves needs to be retained to ensure the trustees can operate their exit strategy and meet its legal commitments should the Charity be unable to continue due to a lack of a sustainable income stream. The Charity receives Local Authority and Health Board Grants and contract income and other income from trust funds. 

The level of available reserves, i.e. the total unrestricted reserves less amounts invested in fixed assets and designated funds amounted to £22,697 (2024: £136,207). 

During the period ended 30th September 2025 restricted fund income represented 5% of total income. 

Throughout a period of change and flux, developing and improving the service for the benefit of those people with lived experience of mental health in Cardiff and the Vale has continued to be the overriding aim of the trustees, particularly crucial as the impact of covid and the cost of living crisis continue to impact on mental health and wellbeing. 

Page 4 



Docusign Envelope ID: 1918503E-4183-89AA-81A5-57FD1797E7F7 

**Cardiff and Vale Action for Mental Health (Registered number: 08000094)** 

## **Report of the Trustees for the Period 1 April 2024 to 30 September 2025** 

## **Financial review** 

## **Allocation of final assets** 

Following the decision of the members at the SGM on August 21st, 2025, cavamh will allocate final assets to the following 4 charities: 

- ACE - Bronwen's Wish - Woody's Lodge 

- YCS Counselling 

## **Future closure** 

Over the last year cavamh's work has focused on our voluntary sector development service, and associated projects, as we explored and implemented new charitable funding opportunities and liaisons and we will continue this into 2025/26. 

However, the cavamh Board regret that Cavamh was recently informed that the main source of funding will not be continuing, making the Charity financially unviable. In the light of this the Board have made the very difficult and sad decision to close the organisation during the financial year 2025/26. 

Cavamh will keep all its members updated of this process and would like to take this opportunity to thank all staff and members for their support and commitment to Cavamh. 

## **Structure, governance and management** 

## **Governing document** 

The Charity is governed by its articles and was incorporated on 21st March 2012 when company limited by guarantee and charitable status were obtained.(Charity number 1148312, Company number 8000094). 

## **About the organisation** 

Cardiff and Vale Action for Mental Health and previously Cardiff and Vale Mental Health Development Project (CVMHDP) has been in existence since 1991, originally funded as one of the several county mental health development services under the first Mental Illness Strategy of 1989. 

Initially operating under the auspices of first Intervol and then the Vale Council of Voluntary Services, CVMHDP  obtained independent charitable status following a special meeting on June 15th 2000 and an inaugural public meeting on November 18th 1999. The membership approved the change of name to Cardiff and Vale Action for Mental Health, (cavamh), the objects and structure on 13th December 2012 and cavamh became operational with a transfer of undertakings from CVMHDP on 1st April 2013. 

The aims of the organisation and its area of benefit are set out in its articles of association. A policy for the election of Directors was adopted by the membership on December 13th 2012. 

## **Organisational structure** 

The Charity is controlled by the Board of Directors who are all voluntary members. The day to day administration is delegated to the Director and support staff. The Director reports to the Board of Trustees throughout the year at their regular meetings. 

## **Financial controls** 

Control over the client affairs is affected by an inspection by both the Board of Directors and the Independent Examiner. 

Page 5 



Docusign Envelope ID: 1918503E-4183-89AA-81A5-57FD1797E7F7 

## **Cardiff and Vale Action for Mental Health (Registered number: 08000094)** 

## **Report of the Trustees for the Period 1 April 2024 to 30 September 2025** 

## **Structure, governance and management** 

## **Appointment, induction and training of new Board members** 

The board of directors (also known as the Executive Committee) of the Charity is made up of the following: 

- Up to nine individuals who are representatives of members of the Charity (the " **Member Representatives** "); and 

- Up to three individuals who are appointed by the other directors (the " **Co-opted Directors** "). 

There must be at least four directors at all times and the Co-Opted Directors must not comprise more than one third of the total number of directors. 

The Charity desires that the Member Representatives represent as broad a range of the members of the Charity (the " **Members** ") as possible, to ensure that the full breadth of views are represented at the director level. The Charity has therefore adopted the following process for electing the Member Representatives. 

## **Categories** 

The following are the nine categories of members (the " **Categories** " and each a " **Category** ") that it is believed should be represented at board level: 

- .   a service user group in Cardiff 

- .   a service user group in the Vale of Glamorgan 

- .   a service user group in either Cardiff and the Vale of Glamorgan or a wider area. 

- a carer group in Cardiff 

- .   a carer group in the Vale of Glamorgan 

- .   a carer group in either Cardiff and the Vale of Glamorgan or a wider area 

- .   a voluntary organisation working in Cardiff 

- .   a voluntary organisation working in the Vale of Glamorgan 

.   a voluntary organisation working in Cardiff and the Vale of Glamorgan and/or working in a wider area 

## **Appointment, induction and training of new Board members** 

Nominees shall only be invited for a Category where the existing director is retiring by rotation in accordance with the articles of association of the Category. 

1. If the number of Nominees is less than or equal to the number available Categories, then all the Nominees will be proposed as directors of the Charity at the next AGM and the remainder of this process shall be disregarded. 

2. If a Nominee is the only Nominee who represents a Member in a single Category, then that Nominee shall be proposed as a director of the Charity at the next AGM. 

3. If there is more than one Nominee who represents Members in a single Category, then those Nominees shall be submitted for election to the Members prior to the AGM. 

4. The election shall be carried out at least 1 month prior to the Charity's AGM and shall be carried out in such a way that the directors reasonably determine. 

5. The Nominee in each Category who receives the most votes in the Election, shall be proposed as a director of the Charity at the next AGM. 

6. If there is at least one Category with no Nominees, then the Nominees with the most number of votes from other Categories and who have not otherwise qualified to be proposed as directors, will be proposed at the next AGM of the Charity, provided that no more than nine Nominees will be proposed. 

The AGM is advertised publicly, via the cavamh membership and to all associated networks.Induction and continued training is provided by cavamh. 

## **Risk management** 

CAVAMH reviews risks on a regular basis. Trustees recognise that the principal risk for the Charity is loss of funding. To mitigate this the trustees have developed a risk assessment/management process which makes the best use of available assets, including people, and have a reserves policy to build up the available reserves to a level which would enable the primary objectives to carry on whilst alternative sources of funding are found. The Charity has an exit strategy and a POVAC policy and regularly reviews procedures. 

## **Reference and administrative details** 

## **Registered Company number** 

08000094 (Not specified/Other) 

Page 6 



Docusign Envelope ID: 1918503E-4183-89AA-81A5-57FD1797E7F7 

**Cardiff and Vale Action for Mental Health (Registered number: 08000094)** 

## **Report of the Trustees for the Period 1 April 2024 to 30 September 2025** 

**Registered Charity number** 1148312 

**Registered office** 69b Splott Road Cardiff CF24 2BW 

## **Trustees** 

Mrs S Jones Mr J G Rees Ms S Scire Ms K Natarajan (resigned 22.12.25) Ms K Hyman Mr K Barker 

**Director** Linda Newton 

## **Independent Examiner** 

Victoria Carter Menzies LLP, Statutory Auditors 5th Floor Hodge House 114-116 St Mary Street Cardiff CF10 1DY 

**Bankers** Unity Trust Bank Nine Brindleyplace 4 Oozells Square Birmingham B1 2HB 

CCLA Senator House 85 Queen Victoria Street London EC4V 4ET 

This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies. 

## 08-Jun-2026 

Approved by order of the board of trustees on ............................................. and signed on its behalf by: 


........................................................................ Mr J G Rees - Trustee 

Page 7 



Docusign Envelope ID: 1918503E-4183-89AA-81A5-57FD1797E7F7 

## **Independent Examiner's Report to the Trustees of Cardiff and Vale Action for Mental Health** 

## **Independent examiner's report to the trustees of Cardiff and Vale Action for Mental Health ('the Company')** 

I report to the charity trustees on my examination of the accounts of the Company for the period 1 April 2024 to 30 September 2025. 

## **Responsibilities and basis of report** 

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act'). 

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act. 

## **Independent examiner's statement** 

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: 

1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or 

3. the accounts do not comply with the accounting requirements of Section 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 examination; or 

4. the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). 

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. 

## **Emphasis of Matter - Accounts prepared on a basis other than going concern** 

I draw attention to Note 1 in the financial statements which describes the trustees' decision to cease operations and wind up the charity. As a result, the trustees do not consider the charity to be a going concern and have prepared the financial statements on a alternative basis. My statement is not modified in respect of this matter. 


## Victoria Carter 

The Institute of Chartered Accountants in England and Wales 

Menzies LLP, Statutory Auditors 5th Floor Hodge House 114-116 St Mary Street Cardiff CF10 1DY 

16-Jun-2026 Date: ............................................. 

Page 8 



Docusign Envelope ID: 1918503E-4183-89AA-81A5-57FD1797E7F7 

## **Cardiff and Vale Action for Mental Health** 

## **Statement of Financial Activities (Incorporating an Income and Expenditure Account) for the Period 1 April 2024 to 30 September 2025** 

|**Unrestricted**<br>**funds**<br>**Notes**<br>**£**<br>**Income and endowments from**<br>Donations and legacies<br>245<br>**Charitable activities**<br>3<br>Core activities<br>86,500<br>Investment income<br>2<br>4,534<br>**Total**<br>91,279<br>**Expenditure on**<br>**Charitable activities**<br>Core activities<br>209,299<br>Other<br>3,924<br>**Total**<br>213,223<br>**NET INCOME/(EXPENDITURE)**<br>(121,944)<br>**Transfers between funds**<br>12<br>(1,001)<br>**Net movement in funds**<br>(122,945)<br>**Reconciliation of funds**<br>Total funds brought forward<br>145,638<br>**Total funds carried forward**<br>22,693|**Restricted**<br>**funds**<br>**£**<br>-<br>4,359<br>-<br>4,359<br>13,146<br>517<br>13,663<br>(9,304)<br>1,001<br>(8,303)<br>8,307<br>4|**Period**<br>**1.4.24**<br>**to**<br>**Year Ended**<br>**30.9.25**<br>**31.3.24**<br>**Total**<br>**Total**<br>**funds**<br>**funds**<br>**£**<br>**£**<br>245<br>-<br>90,859<br>99,577<br>4,534<br>3,153<br>95,638<br>102,730<br>222,445<br>87,656<br>4,441<br>2,666<br>226,886<br>90,322<br>(131,248)<br>12,408<br>-<br>-<br>(131,248)<br>12,408<br>153,945<br>141,537<br>22,697<br>153,945|
|---|---|---|



The notes form part of these financial statements 

Page 9 



Docusign Envelope ID: 1918503E-4183-89AA-81A5-57FD1797E7F7 

## **Cardiff and Vale Action for Mental Health (Registered number: 08000094)** 

## **Balance Sheet 30 September 2025** 

|**Unrestricted**<br>**funds**<br>**Notes**<br>**£**<br>**Fixed assets**<br>Intangible assets<br>8<br>-<br>Tangible assets<br>9<br>-<br>-<br>**Current assets**<br>Debtors<br>10<br>-<br>Cash at bank<br>35,295<br>35,295<br>**Creditors**<br>Amounts falling due within one year<br>11<br>(12,598)<br>**Net current assets**<br>22,697<br>**Total assets less current liabilities**<br>22,697<br>**NET ASSETS**<br>22,697<br>**Funds**<br>12<br>Unrestricted funds<br>Restricted funds<br>**Total funds**|**Restricted**<br>**funds**<br>**£**<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-<br>-|**2025**<br>**Total**<br>**funds**<br>**£**<br>-<br>-<br>-<br>-<br>35,295<br>35,295<br>(12,598)<br>22,697<br>22,697<br>22,697<br>22,697<br>-<br>22,697|**2024**<br>**Total**<br>**funds**<br>**£**<br>4,020<br>5,411<br>9,431<br>4,359<br>146,116<br>150,475<br>(5,961)<br>144,514<br>153,945<br>153,945<br>145,638<br>8,307<br>153,945|
|---|---|---|---|



The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2025. 

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006. 

The trustees acknowledge their responsibilities for 

- (a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and 

- (b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. 

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. 

The financial statements were approved by the Board of Trustees and authorised for issue on ............................................. and were signed on its behalf by: 08-Jun-2026 


............................................. Mr J G Rees - Trustee 

The notes form part of these financial statements 

Page 10 



Docusign Envelope ID: 1918503E-4183-89AA-81A5-57FD1797E7F7 

## **Cardiff and Vale Action for Mental Health** 

## **Notes to the Financial Statements for the Period 1 April 2024 to 30 September 2025** 

## **1. Accounting policies** 

## **Basis of preparing the financial statements** 

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)',  Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention. 

## **Going concern** 

The charity ceased its frontline operations at the end of September 2025 and will proceed to wind up its affairs and enter liquidation in accordance with applicable company and charity law. This follows the cessation of funding as of 31 March 2025. 

Accordingly, the financial statements have not been prepared on a going concern basis. A review of the balance sheet as at 30 September 2025 has been undertaken, and assets and liabilities have been adjusted as appropriate to reflect the cessation of operations and the planned liquidation of the charity. 

## **Financial reporting standard 102 - reduced disclosure exemptions** 

The charitable company has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland': 

- the requirements of Section 7 Statement of Cash Flows. 

## **Income** 

Grant income included in this category provides funding to support programme activities and is recognised where there is entitlement, certainty of receipt and the amount can be measured with sufficient reliability. 

Income from charitable activities includes income recognised as earned (as the related goods or services are provided) under contract or where entitlement to grant funding is subject to specific performance conditions. 

Investment income is recognised on a receivable basis. 

## **Expenditure** 

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. 

Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to the expenditure. All expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all costs related to the category. 

Grants offered subject to conditions which have not been met at the year end date are noted as a commitment but not accrued as expenditure. 

## **Support costs** 

Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example, allocating property costs by floor areas, or per capita, staff costs by the time spent and other costs by their usage. 

## **Governance costs** 

Governance costs include costs of the preparation and examination of the statutory accounts, the costs of trustee meetings and the cost of any legal advice to trustees on governance or constitutional matters. 

## **Intangible assets** 

Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life. 

- Computer Software 20% on a straight line basis 

## **Tangible fixed assets** 

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. 

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Docusign Envelope ID: 1918503E-4183-89AA-81A5-57FD1797E7F7 

## **Cardiff and Vale Action for Mental Health** 

## **Notes to the Financial Statements - continued for the Period 1 April 2024 to 30 September 2025** 

## **1. Accounting policies - continued** 

**Tangible fixed assets** Office equipment - 25% on reducing balance Fixtures and fittings - 25% on reducing balance Computer equipment - 25% on reducing balance 

Individual fixed assets costing £200 or more are initially recorded at cost. 

## **Taxation** 

All of the charity's income is primary purpose it is therefore exempt from corporation tax. 

## **Fund accounting** 

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. 

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. 

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. 

## **Pension costs and other post-retirement benefits** 

The charity makes contributions into the private pension schemes of its employees. Contributions are charged in the statement of financial activities as they become payable in accordance with the rules of each scheme. Any apportionment of pensions between activities and funds is based on the terms of allowed expenditure for each project and then on the split of associated wages costs. 

## **2. Investment income** 

|**Investment income**||||
|---|---|---|---|
|||**Period**||
|||**1.4.24**||
|||**to**|**Year Ended**|
|||**30.9.25**|**31.3.24**|
|||**£**|**£**|
|Deposit account interest||4,534|3,153|
|**Income from charitable**|**activities**|||
||**Activity**|**Period**<br>**1.4.24**<br>**to**<br>**30.9.25**<br>**£**|**Year Ended**<br>**31.3.24**<br>**£**|
|CAVAMH Project|Core activities|86,500|86,500|
|Peer Research|Core activities|4,359|13,077|
|||90,859|99,577|



## **3. Income from charitable activities** 

## **4. Net income/(expenditure)** 

Net income/(expenditure) is stated after charging/(crediting): 

|Depreciation - owned assets|**Period**<br>**1.4.24**<br>**to**<br>**Year Ended**<br>**30.9.25**<br>**31.3.24**<br>**£**<br>**£**<br>2,030<br>1,058|
|---|---|
|(Deficit)/surplus on disposal of fixed assets|4,989<br>(84)|
|Computer software amortisation|2,412<br>1,608|
|Independent Examiners fee|3,000<br>5,738|
|Operating leases|-<br>3,090|



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Docusign Envelope ID: 1918503E-4183-89AA-81A5-57FD1797E7F7 

## **Cardiff and Vale Action for Mental Health** 

## **Notes to the Financial Statements - continued for the Period 1 April 2024 to 30 September 2025** 

## **5. Trustees' remuneration and benefits** 

There were no trustees' remuneration or other benefits for the period ended 30 September 2025 nor for the year ended 31 March 2024. 

## **Trustees' expenses** 

Trustees' received reimbursed expenses totalling £89 for the year (2024: £Nil). 

## **6. Staff costs** 

|Wages and salaries<br>Social security costs<br>Other pension costs<br>The average monthly number of employees during the period was as follows:<br>Charitable activities<br>Administration|**Period**<br>**1.4.24**<br>**to**<br>**Year Ended**<br>**30.9.25**<br>**31.3.24**<br>**£**<br>**£**<br>148,076<br>56,843<br>1,788<br>-<br>6,075<br>3,584<br>155,939<br>60,427<br>**Period**<br>**1.4.24**<br>**to**<br>**Year Ended**<br>**30.9.25**<br>**31.3.24**<br>3<br>3<br>1<br>1<br>4<br>4|
|---|---|



No employees received emoluments in excess of £60,000. 

## **7. Comparatives for the statement of financial activities** 

|**Unrestricted**<br>**funds**<br>**£**<br>**Income and endowments from**<br>**Charitable activities**<br>Core activities<br>86,500<br>Investment income<br>3,153<br>**Total**<br>89,653<br>**Expenditure on**<br>**Charitable activities**<br>Core activities<br>75,600<br>Other<br>2,138<br>**Total**<br>77,738<br>**NET INCOME**<br>11,915<br>**Transfers between funds**<br>(338)<br>**Net movement in funds**<br>11,577<br>**Reconciliation of funds**<br>Total funds brought forward<br>134,061|**Restricted**<br>**funds**<br>**£**<br>13,077<br>-<br>13,077<br>12,056<br>528<br>12,584<br>493<br>338<br>831<br>7,476|**Total**<br>**funds**<br>**£**<br>99,577<br>3,153<br>102,730<br>87,656<br>2,666<br>90,322<br>12,408<br>-<br>12,408<br>141,537|
|---|---|---|



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Docusign Envelope ID: 1918503E-4183-89AA-81A5-57FD1797E7F7 

## **Cardiff and Vale Action for Mental Health** 

## **Notes to the Financial Statements - continued for the Period 1 April 2024 to 30 September 2025** 

## **7. Comparatives for the statement of financial activities - continued** 

|**Unrestricted**<br>**funds**<br>**£**<br>**Total funds carried forward**<br>145,638<br>**8.**<br>**Intangible fixed assets**<br>**Cost**<br>At 1 April 2024<br>Disposals<br>At 30 September 2025<br>**Amortisation**<br>At 1 April 2024<br>Charge for year<br>Eliminated on disposal<br>At 30 September 2025<br>**Net book value**<br>At 30 September 2025<br>At 31 March 2024|**Restricted**<br>**Total**<br>**funds**<br>**funds**<br>**£**<br>**£**<br>8,307<br>153,945<br>**Computer**<br>**software**<br>**£**<br>8,040<br>(8,040)<br>-<br>4,020<br>2,412<br>(6,432)<br>-<br>-<br>4,020|
|---|---|



## **9. Tangible fixed assets** 

|**Cost**|**Fixtures**<br>**Office**<br>**and**<br>**equipment**<br>**fittings**<br>**£**<br>**£**|**Fixtures**<br>**Office**<br>**and**<br>**equipment**<br>**fittings**<br>**£**<br>**£**|**Computer**<br>**equipment**<br>**£**|**Totals**<br>**£**|
|---|---|---|---|---|
|At 1 April 2024||77<br>145|9,078|9,300|
|Disposals||(77)<br>(145)|(9,078)|(9,300)|
|At 30 September 2025||-<br>-|-|-|
|**Depreciation**|||||
|At 1 April 2024||77<br>145|3,667|3,889|
|Charge for year||-<br>-|2,030|2,030|
|Eliminated on disposal||(77)<br>(145)|(5,697)|(5,919)|
|At 30 September 2025||-<br>-|-|-|
|**Net book value**|||||
|At 30 September 2025||-<br>-|-|-|
|At 31 March 2024||-<br>-|5,411|5,411|



The remaining assets noted above are either to be retained by staff members or donated to one of the following charities: ACE, Bronwen's Wish, Woody's Lodge, or YCS. 

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Docusign Envelope ID: 1918503E-4183-89AA-81A5-57FD1797E7F7 

## **Cardiff and Vale Action for Mental** 

## **Health** 

## **Notes to the Financial Statements - continued for the Period 1 April 2024 to 30 September 2025** 

## **10. Debtors: amounts falling due within one year** 

|**10.**<br>**Debtors: amounts falling due within one year**|||||||||
|---|---|---|---|---|---|---|---|---|
|Grant debtors<br>**11.**<br>**Creditors: amounts falling due within one year**<br>Trade creditors<br>Social security and other taxes<br>Accruals and deferred income<br>Deferred income  brought forward<br>Amounts released to incoming resources<br>Amounts deferred in the year<br>Deferred income carried forward<br>**12.**<br>**Movement in funds**<br>**Unrestricted funds**<br>General fund<br>**Restricted funds**<br>Zurich (Join the Dots)<br>Dementia Friendly Communities small<br>funds grant<br>ICF Small Grants Capital Fund<br>Peer Research<br>**TOTAL FUNDS**||||**2025**<br>**£**<br>-<br>**2025**<br>**£**<br>-<br>-<br>12,598<br>12,598||||**2024**<br>**£**<br>4,359<br>**2024**<br>**£**<br>1<br>868<br>5,092<br>5,961|
|||||2,500<br>(2,500)<br>-<br>-||||-<br>-<br>2,500<br>2,500|
||**Net**<br>**movement**<br>**At 1.4.24**<br>**in funds**<br>**£**<br>**£**<br>145,638<br>(121,940)<br>1,663<br>(1,880)<br>2,774<br>(3,680)<br>604<br>(604)<br>3,266<br>(3,144)<br>8,307<br>(9,308)<br>153,945<br>(131,248)||**Transfers**<br>**between**<br>**funds**<br>**£**<br>(1,001)<br>217<br>906<br>-<br>(122)<br>1,001<br>-|||**At**<br>**30.9.25**<br>**£**<br>22,697<br>-<br>-<br>-<br>-<br>-<br>22,697|||



Net movement in funds, included in the above are as follows: 

|**Unrestricted funds**<br>General fund<br>**Restricted funds**<br>Zurich (Join the Dots)<br>Dementia Friendly Communities small<br>funds grant<br>ICF Small Grants Capital Fund<br>Peer Research<br>**TOTAL FUNDS**|**Incoming**<br>**Resources**<br>**Movement**<br>**resources**<br>**expended**<br>**in funds**<br>**£**<br>**£**<br>**£**<br>91,279<br>(213,219)<br>(121,940)<br>-<br>(1,880)<br>(1,880)<br>-<br>(3,680)<br>(3,680)<br>(1)<br>(603)<br>(604)<br>4,360<br>(7,504)<br>(3,144)<br>4,359<br>(13,667)<br>(9,308)<br>95,638<br>(226,886)<br>(131,248)|
|---|---|



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Docusign Envelope ID: 1918503E-4183-89AA-81A5-57FD1797E7F7 

## **Cardiff and Vale Action for Mental Health** 

## **Notes to the Financial Statements - continued for the Period 1 April 2024 to 30 September 2025** 

## **12. Movement in funds - continued** 

## **Comparatives for movement in funds** 

||||**Net**|**Transfers**||
|---|---|---|---|---|---|
||||**movement**|**between**|**At**|
||**At 1.4.23**||**in funds**|**funds**|**31.3.24**|
||**£**||**£**|**£**|**£**|
|**Unrestricted funds**||||||
|General fund|134,061||11,915|(338)|145,638|
|**Restricted funds**||||||
|Directions||320|(290)|(30)|-|
|Zurich (Join the Dots)|1,663||-|-|1,663|
|Dementia Friendly Communities small||||||
|funds grant|4,016||(1,242)|-|2,774|
|Moondance||671|(527)|(144)|-|
|ICF Small Grants Capital Fund||806|(202)|-|604|
|Peer Research||-|3,266|-|3,266|
|Co-Pro Project||-|(512)|512|-|
||7,476||493|338|8,307|
|**TOTAL FUNDS**|141,537||12,408|-|153,945|
|Comparative net movement in funds, included in the above are as follows:||||||
|**Unrestricted funds**|||**Incoming**<br>**resources**<br>**£**|**Resources**<br>**expended**<br>**£**|**Movement**<br>**in funds**<br>**£**|
|General fund|||89,653|(77,738)|11,915|
|**Restricted funds**||||||
|Directions|||-|(290)|(290)|
|Dementia Friendly Communities small||||||
|funds grant|||-|(1,242)|(1,242)|
|Moondance|||-|(527)|(527)|
|ICF Small Grants Capital Fund|||-|(202)|(202)|
|Peer Research|||13,077|(9,811)|3,266|
|Co-Pro Project|||-|(512)|(512)|
||||13,077|(12,584)|493|
|**TOTAL FUNDS**|||102,730|(90,322)|12,408|
|||||||



Unrestricted income funds are general funds that are available for use at the trustees' discretion in furtherance of the objectives of the charity. 

Sefyll - the adult service user involvement development project- The purpose of the project is to work with people who use mental health services and mental health service providers to ensure that service user views influence the development and delivery of services. The Project is funded by Vale of Glamorgan Council and Cardiff Council and Vale UHB. 

Nexus - the Older People’s Carer and Service User Involvement Development Project. The purpose of the Project is to work with carers and people using services, planners and providers, to ensure that carer and service user views influence the development and delivery of services. The Project is funded by Vale of Glamorgan Council and Cardiff Council and Vale UHB. 

Join the Dots - supporting young people to have a voice in mental health services, funded by funded by Zurich and Cardiff and Vale UHB (Regional Partnership Board). 

Directions supporting a directory and handbook funded by ICF, Cardiff and Vale Councils, Cardiff and Vale UHB. 

Page 16 

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Docusign Envelope ID: 1918503E-4183-89AA-81A5-57FD1797E7F7 

## **Cardiff and Vale Action for Mental** 

## **Health** 

## **Notes to the Financial Statements - continued for the Period 1 April 2024 to 30 September 2025** 

## **12. Movement in funds - continued** 

Dementia Friendly Communities Small Grants Fund (DFC) - A Small Grants Fund for voluntary sector groups operating dementia friendly community initiatives in Cardiff and the Vale of Glamorgan, managed by cavamh on behalf of Cardiff and Vale Integrated Health and Social Care Partnership, with funding from the Welsh Government Integrated Care Fund. 

ICF Small Grants Capital Fund - funding provided for the purpose of acquiring computer equipment for charity use.During the year the fund was fully expensed, the closing fund value as at 31 March 2021 equates to the capital purchases recognised within fixed assets 

Moondance - Funding to assist with adaptations to the working environment following the COVID pandemic. During the year the fund was fully expensed, the closing fund value as at 31 March 2021 equates to the capital purchases recognised within fixed assets 

Peer Research - 'Mental Health Act Assessment Evaluation, Vale of Glamorgan'. Funding provided by Vale of Glamorgan Council to evaluate lived experience of Mental Health Act Assessment in the Vale of Glamorgan. This funding continued into financial year 2024-25.' 

## **Transfers between funds** 

Transfers have been made to Join the Dots and DFC account for the administrative costs such as depreciation allocated for these funds. 

A transfer has been made to the Peer Research restricted fund to account for the charity using general unrestricted funds for the fixed assets to cover the final costs of the project. 

## **13. Employee benefit obligations** 

The charity pays 8% (6% employer, 2% employee contribution) of salaries to employee's pension of their choice if the member of staff has been required to join the charities pension scheme Contributions paid this financial period by the charity amounted to £6,076 (2024: £3,584). 

## **14. Related party disclosures** 

There were no related party transactions for the period ended 30 September 2025. 

## **15. Member's liability** 

The charity is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of liquidation. 

The Charity is a company registered in England & Wales with it's registered office as disclosed in the Trustee's report. 

Page 17