REGisfERED COMPANY NUMBER: 07597188 (Engl¥4nd and We5) REGISTERED CHARITY NUMBER: 1148451 Report of tbe TTU$tees *md VnAudited Financi Statetnents for the Year Ended Jlst March 2023 for LtMrrED •A(15511$ 2011212023 COMPANIES HOLISE
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SOUTH EAST AND CEfffliAL ESSEX MIND LIMITED Contents of the FiDancial Statements for the year ended 31st March 2023 Page Report of the Truste¢s I to 10 lttdeptndeDt Examier'$ Rtport Stgtement of Financial Activities 12 Balance SI 13 to 14 C8sb Flow Sttement Is Notes to the Cash Flow Statejnettt 16 Notes to tbe FiMts¢ial Staterne#ts 17 to 26
SOUTH EAST AND CENTRAL ESSEX MIND LIMITED (REGISTERED NUMBER: 07597188) Report of the Trustees for the year ended 31st Marcb 2023 Th¢ Iruslee4 who ar¢ also directors of the ¢lJarity for the PUfPOSes of the Companies Act 2(K)6. pr¢sent their TekXJrt with the financial statements of the charity for the year ended 3E March 2023. The tnLStee5 hav¢ adopted the provisions of ACc(AtIng and Rwrtin8 by Charities: Statement of Rrxornmended Practice applicabl¢ to charitias preparing thetr xcouDts in aordanCe with the Financial Rew>rtin8 Standard applicable in the UK and Republic of IrelaTrd (FRS 102) (effedive l January 2019). ORJECTIVES Af4D ACTIvfTIF Objectives and alm$ The trustee5 confirni that they have complied with the duty in sxiion 17(5) of the Charitie5 Act 2011 with regar(ts to the Charities Commission guidance on publi¢ benefit whrn revi¢wing the chariry's aims a1 obJtiveS and planning ture activitie5. Hawng regard to the xtivhties 8nd achievements of the charity, the Tru£5 are of the opinion that it cOntinll to fvlfil its charitable purpose. Within the areas covered by S(XLthend on Se4 k¢Khf4 C&yle Point & ChelmsfoTd the charity's aims and objectives 8re'. l. To promoie and PrOtt good ments] health for ail in S(¥Jth East and Cefttnl Essex. treating people fairly. positively and with Tespect.. 2. To supp)rt people likely to develop Mental hea]th wiblerns to stay well. 3. To empower people to make infomied ¢l)oitts ab(1 how they manage iheirown menta] hea]th: 4. To ensure people gd ¢he righ¢ S¢Tvi¢es and support at the righi time, giving them ihe to)Is to T0Ver and aY well. AthievemeDt p¢rforw*n¢e The charity continues to deliver a rang¢ of highquality servic¢s for those experietlcing w mental heali]L Thc charity has delivered scrvicts to meet the ncedsof the eomrnunity throjgltht period that includcd: l. continued support for hcMJsin8 tenan 2. a children and young person (CYP) s¢rvic 3. mtntal health training and talking thuapi The Charity is delighted to rcport that staff and voluntecrs have fijlly ernbred the Chief Executive's Business Plan and proposed mcthodologies with the Charity eommitted to 5ecking to ensurc that all our repre5entative5 are well supported d trdined regularly. MatLy of our team bring spttialist ba¢kgr(wids and l or liva ¢xperience and. where appropriate. qualifications to enable th¢tn to deliver the Clwityb visiijn.
SOUTH EAST AND CENTRAL ESSEX MIND LIMITED (REGISTERED NUMBER: 07597188) Report of the Trustees for the year ended 31st March 2023 M¢nt#l Health Servi¢es Supported Hou$iDg W¢ ¢ontinue to repT¢s¢nt¢d OD the Southend hulsing pa]. enabling us to liaise with th¢ local housing depameni and othex ¢hartties to provide th¢ rigbi kage for individua]s needing svpFort. Service users alt given the opponunity fethk and suEg&8t improvements io any of the services they have been pan of. Our h¢wsing servic¢ coniinu¢s to genera unrestyi¢d in¢ome athling the charity to offu other mentsl health services to rh¢ c¢)mmurtity. During th¢ year we hJ 19 spa¢es available forclients and the ¢[W¢Y rate was 96% at the end of the year. Fee Bgs¢d Counselling and Trum We wminu¢d to deliver on¢ to one UnsellIng s¢ssions for childm YOW people and t4Jults ¢ith¢r wrtuaily (via Zoom) or face to fxe. Poli¢¢ and CrimID Evid¢JKe IPACE) We wntinued our work SUFVOrting vuln¢rabl¢ Ults thrwgh the Poli¢¢ and Cximinal Eviden A) coniTa¢t nded by Southend Borough Council. Anyone who is d&ained or subject to arrest in Southend and is unable to make inforned decisions due to their mental health can re¢eiv¢ support from a rwonsible lult tbr(NJgh SECEM to act on iheir behalf. Somewhert to Turn Our Sornewhere to Turn 5erviee MOV to an online FaCebk group during the pandemie and h&$ Proved popular with the community. Our staff. who monitor the group. continue to offer support and tojvice for anyone with concerns about their menta] hea]th. The Charity a150 reintr(KJuced th¢ Somewhere toTurn early intuvention servi. off¢ring phone and email wnta sing a new s¢rvic¢ model. Mental Helth Training We continue to see an incre in demand frorn kKai thOriti4 business and otb¢r organisatioL4 who want to understand and l¢am mor¢ about mental h¢al¢lL The charity ha5 built a 501id customer base with l(xal e4lucion and caTe organi5ations and wntinu&s to offer S[M)ke ry)urses and M¢nt21 Health First Aid (MHFA). Admission Preventlon l EArly tlisthrge (APED) As part of Mid and Styjth Essex Sustainability and TrdDsfonnation Partnership (STP). tkn is a Tange of provision to provide timely and appropriate responses to pv)ple in crisis to prevent esca]atioTh of mentsl health prth&lems and unnecessary referrdls io spe¢ialistlcomplex care Tnenta] health seTwces. Accidcllt and Ernergency (A&E) and other einergency and i)ut-of.IK)UTS services. and to pvIde PpOrt in the community to r¢duce the inpatient stay. P4e2
SOUTH EAST AND CENTRAL ESSEX MIND LIMITED (REGISTERED NUMBER: 07597188) Report of the Trustees for the year ended 31st Marcb 2023 OWECTtVES ACTIvrfJES In partnership with Thurro¢k and Bieniwood FKJTrd we offer the Admissi¢)n Prevention elemen( providing extra support to people in crisig thai can remain ai home as an alie[n1Ve io admitsion to hospi1 and Early Discharge, following an inpatient experience in lh¢ Methth] Healih Unli the service suppons pts)ple to settle bk ITJ to iheir home enviionmeni and community. Mellt#l Hegltb Reeovery Workt tn Mid and Sth Essex the detnands on the Mental Health Services have signiflcantly incrcased. The mental health rccovery role5 SUPWrt the Community Menial Health Tcams (CMHTS) and tlle Menta] Health Liaison Nurse in the Accident and Emergertcy Department to meet the Jditional demands. Childre# and YOW People Our children and young penon eounselling seTvice h&8 been ¢ommisioned by South-FAst and Mid.Essex CCG 8t, working Wlth two other local children's charities provides orte to one clnStI1]ng supwrt to young people between the agesof 11 and 18. Support to Trive- We woE in partll¢Tship wilh Thurro¢k and BmitW(KyJ Mind with secondary schwls. EsseK County Council and the Mid and South Essex CCG'S to offer Yng people wellbeing support. We develop personalised packages of supp)rt with young ppIe io str&)yhen and impmve their emoticth] and mental wellbein& Youthful Wellbeing - Youth1 wellbeing provides holisiio shon-term support. coiijiecting young adults aged 18-25 who are experiencing mental health problems. to local initiatives and Servic for praciical and emoiional support. The service aims to increase pecfjle's conneaion with Oth aThl their Io¢AI cornmunity and CPower them io take Control of Iheir owj healih and wellbeing. It helps (o slrengthen personal and communiry resiliethce and ra1c¢ health inequalities by addressing wider drtern)inants of hea]th such ¥ debL poor housing and physic inactivity. Makn ActIvSe4 Uttdertaken To FurthÈr The Cbarlry's P¥ryose For P¥bik BentfiL All of th¢ activiiies rerted are for the ythlic benefii. In the course of managing the Charity the trusfees have rewd io the Charity Commission's guidance on publi¢ benefit. Charfty Performante & Impart Upott BenefKiarles of the ChrAty. The charity h&s sought to Ov0M¢ the challenges of operating in a Oargely) post Pandemic world which has seen significant incre in the numbu of enquiries for menial heAIth SLVP)rt as a rwlt of the Pandemic. whils1 existing in a very competltive and restricied fund Taising envimnTnent. Our core actLVlties we believe have improved the wellbeing. metktsl health and oppThrtiti&% for everyone we have been in contact wth. For some of those experiencing menial health challenges who have acc&wJ (T services. they have been able to Contribute io the eommunity fiTwcially and through volunteering. Degytt To Wbi¢h AchievemeDts And Charity P¢rfornaTree W¢¢d WMl¢r Society. Our seryic¢s ar¢ ¢onsidered to b¢nefit the wider community through gjstainillg and supporting F¢ople wilh rn1 tllness. This not only helps the individual involved FMJI benefits families, fn"end5 and th¢ Ica community. Page 3
SOUTH EAST AND CENTRAL ESSEX IKtND LIMITED (REGISTERED NUMBER: 07597188) Report of the Trustees for the year ended 31st Mareb 2023 ORJECTIVES AND ACTivrriLS The delivery of these seTViCCg has helped the wider community by t[b]ing those sethng or needing help ro find what Ihey need. Our appioach to help for individuals. t$ lewei people drop out of support and a ¢lear pathway to Tecovery is identified wilh people movin8 on to indcpenden¢e where ihey become ContribOr$ to ihe community. We have had over 20 volUn[S WO wilh us during the year. some of which are previous clients who have been able to use their own lived experience io help and support Fin8n¢l•l Results The fin2n¢ial position of the charity at 31 March 2023 shows that the t(rtal income was £902.623 (2022 £670.099k th¢ total expenditure was £849,794 (2022 £558.032) and th¢ r¢5ulting surplus was £52.829 (2022 £112,067). Rery¢S Policy The Inte¢S op¢ra¢¢ with the following R¢s¢rv¢s poli. l. The risk of unforeseen emergency or Lh¢r un¢Xtd tY¢d lor - The TNye¢s have sel a$ide a cash or cash equivai¢Thi reserve of £12.5(4) 2. The risk of ¢overing unforeseen day-to4ay op¢raLÈon cogs - Thc Truees have set aside a cash OT cash equivdlent reserve of £10.1 3. The risk of losing a srCe of income - The rrusle45 have set aside a cash or cash ¢quivalent r¢s¢rve of i. Rcdurtdancy costs £io,c li. Ov¢rheads and Finance Cornrnitrnents {3 months) £90,(MK) 4. Planned commitments, or designations. that caonot be md by fubjrc income alone - The TTUStces are of thc ¢)pinion that any planned commitmcnts attd l or designations not capable of bcing sustained through 6Jture income budgets can only bt committed to by way of evaluation of rc5iduai quity within the charity housing stock and ihe risks Ilated with furthtt born)win8 againsl thc dcmonstrablc charity b&4cd returns eXptal to result in the longer te S. The nttd to fund short-tern deficits in a budBCt - The trn#ees have set aside a cath orc&%h equivalent rtserve of £lO.O(KI Level olC8sh Reseryts As at 31 March 2023 the TNstees have sei &side a c&sh or cash equiva]ent reserve of £132,5(M) &$ ddailed above. The level of Resetves held are reviewed annually. the baJ8nce sheet Teportitlg dat4 the Charity held £210.562 (2022 £246,540), thus enabling the Charity to continue to seek to develop and extend service offering5 whi15t remaining within the Cash R¢s¢rv¢s target. Monit•ritig ttd RevleThiog The R¢s¢twes Poliey The c&%h r&%erves standing is reviewaj monthly by the Finance Committee on production of the monthly mana8ernent IDforn)aiion - the Chief Execuiive 01¢ moniioTS bank ba]an¢es on a weekly basis and is insmicted io draw the Finance Cornmittee's attentioo io any breach of the cash hoJdiDgs. The Charity has separated the resetve holding requirement into a separate interest earning fund to that any cash demand that entails the Cash reserve level being breaC?d is imrnediatdy re¢wis. Th¢ policy is revi¢wed annually against the foard foreusts of the Charity once they ar¢ finaiised - this is an 8Tmual process and th¢ reserve policy w&5 twed again4 ihe forward forec&st for FY24 by the Finan¢¢ Cornmittee. The Committee ratified Ihe Re5ery¢ l¢v¢l for a fijnhu year. Page 4
SOUTH EAST AND CENTRAL ESSEX MtND LIMITED (REGISTERED NUMBER: 07597188) Report of the Trustees for the year ended 31st March 2023 OBJECTIVES kiND ACTIvfTIES L*vel of Ullrestrieted Rtserves Unrestricted reserves are re1 at£671,696 (FY22 £609.751). Included within the balance shttt of ihe Charity is the hOing sCk owned by which is held . l. UThJerpin a key charitable objective of the Charity - the delivery of supported housing to the Community: 2. The h(NJ5ing service COTLlinues to generate unrestricted income enabling the charity to <)ffer other mental health service5 10 the community through providing a vital and very much in dematld service in the Iwality. As such th¢ Trust¢es have elected to riDg f¢n¢¢ the h(wing 5tIKK nct of mortgage ¢omtDittnenty from b¢ing available to the TTus¢ees &$ a reserv¢ could be encashed wiih¢wt th¢r¢ is: l. a Clear justifi¢ation to improve the Charitable seryi¢¢ offering thrwgh equity T¢1 2. where ih¢ cash reseTre limit has been brea¢hed and the TnLStee5 )ider that: a. it is noi for¢ust to r¢solve within 6 months and b. r¢vis¢d annual budgels indicate the iDability to either source or strvicc rKw loan capital to the bu5ine5S Prlndpxi Funding Source5 The ¢harity is reliant urA)n the continucd incorn¢ provided by clwitable fundiTh8 FM)dies and local I central governmeni support. The organisation also receives donation% income from fvndraisan8 cvcnts and rentsi income from 5ppOrted housing. FtrruRE DEVELOPMENTS The charity been through a signiflcant pericd of change oycr the past thrtt ycars. Thc board identified fivc key straltgic priorities to rnove from a 8ranL dependent charity to a FJJ5tainable organisation while continuin8 to provide vital rnen health Servic to thc commuThity SECE Mind scrvc& Our vision is to'Emwwer people in South Ea%1 and centr Essex tts improve their mental health and wellbeing, and we will do this by increasing opportunities for c041csign and cProdUction, providing peer support and opportunities to bLLild resilience giving individua15 the tools to manage their own mental health, in the cijmmunity and in the workplace through n¢w mMerCIal relationthips. Our Mission 1$ to: l. To provide support and empower all those living with p)or m¢Trtal health in South East and Centraj Essex" 2. To ensure everyone susceptible or experiencing menthl health issu¢5 15 he]p. support and guidance ne&led enabling them to wpe more easily and effectively" 3. To aim 10 intejvene as e•rly as possibl¢ offering an early iniervention service for anyone expuiencing men¢al health Challenges. 4. To aim to 0W our menth] healih training seNces to minimise the Migma and fear of mental ill health. 5. To always treat others respectfully and not to discriminate on any basr& 6. To be ¢omp&ssionate towards every¢ we come into contact wkth,. and 7. To deliver our 5¢rvic¢5 with honesry, profes5iona]ism and xcountability wiihin a fram¢work of a sustainable business model. Page 5
SOUTH EAST AND CENTRAL ESSEX MIND LIMITED (REGISTERED NUMBER: 07597188) Report of the Trustees for the year ended 31st March 2023 OWECTIVES AND ACTIVITIES Our IDtended Demvery Outcomes its Our Cliexts l. To help individuals to make infonna deo"sions and pport them to do this by ida)tifying goals and a support pathway using a Human Givens approach. 2. To Wtsrk in partnenhip with statutory mental health seryi¢e pmvidtts and others. auing as a primary point of call prornoting independent living wth support within the community" 3. To contrnue to devclop scrviccs for more groups rn our community continuing our Work with children and youn 4. To ensure our existin8 housing assers in Southend remain well maintaintsL fit for Purpose, are more utilised artd SUSlaitLably fi]nded.. 5. To expand ¢T supported housing services into the Castle Poirf and Chelmsford areas by working in partnership with the local authority and other housing charities- 6. To market and deliver our training seTViCeS io reach rnore people. 7. To eVuate how we work and further develLV our CRM sysrem enSUriD8 wc can benchmark our performance and demonstrdte our impact in the ConUnity. 8. To continue to enwre OUT 8OVCTnance is robusL cfftttive and meets all quatity Standards to which wc subscribe. 9. To ensure (xjr team h&5 the expertise athd tapacity to ¢ottsistently deliver high quality seTVittS. 10. To do all we Cart to bccotne art employer of choice. I l. To corttinllally Iwk for b¢4 value from our suppliers and will look to irt¢rease our owo etTic2en¢y and seryice rnodel to minimise cost and wastage. We will generate mott unrestriaed incorne enablittg th¢ organisations aims and objectives to be fvlfilled in the longer term. Our Ilisks & Opportunitie5 Rlsks l. The eompetiiive nare of the volume of chariiies needing 10 raisc fun ¥ we do. 2. The intrcxluction of the Integrated Care Board UCB) and [nic8ed Care Systesn UCS). 3. SlafY1lrntnI and rderttion 4. Increases in Minimum Wages and TrarLsitiorLS to living Wag& 5. The C05t of Livin8 crisis. 6. Regulatory and OrKratioThai Challenge5 such cybcr crime and envirotl¢ntaI impact obli8atiow. 7. Geographical arts5 of unil¢rreprestntatioD through budgd constraint& Opportutiitlts l. Growing media and wial awareness of well being and mentsl health issues 2. G¢neration of income from new STe4 uliimatdy intending to balattce oprKJrtunities that exist within the Private Se¢tOF as platmed funding through Publie Sector Initiatjves comes under incTtasing scruiiny and fLnan¢ia] ¢ortstraints. 3. The Community will nced and support an cxtension to s¢Thicc s¢ope and breadth - the Current IxoTh)mic conditions and recent exi from the Pand¢mic bave a significant im1 upon well bth.ng and mental health. Pag¢ 6
SOUTH EAST AND CENTRAL ESSEX MIND LIMITED (REGISTERED NUMBER: 07597188) Report of tbe Trustees for the year ended 31st March 2023 STRUCTURE, GOVERNANCE AND MANAGEMENT Coverning docwDent South East and Central E8sex Mind Ltd is an incoTPOTed Charity limit by guardntee (Company No. 075971881 governed by the Memorkndum and Artic]es of Awci&ion. It is a local registered eharity (regisiration no. 1148451) affiliated with Nationa] Mind. Our memora[Um and Articles of knociation sds categori¢s of membership d ffijll shall be entitled to vote at all genernl meetiny of the Charity. We serve the area covcred by the sthend Borough C(1. C&stie Point and Rochford (E County Council) and Chelrnsford City Council. StTUtthre nd detiiiDn The Charity seeks to operate with a non-executive Board of up to 10 tn]stc4 who a150 comprisè th¢ directors of the company. The trustees seek to meet up to 12 times a year. Founded uw)n the composition of the Board of trustw three Appointed Officers are seleeted of Chair. Vice Chair and Honorary Treasurer. The Trustees may al delegate powets to wknmmittees containing at lea one froEll their number to look at specific matters and advise. Currently there are ftyjr sulF¢ommilltts responsible for servi Deve]opmenL Finanee and Govemanee. Day day management of lh¢ Chan"ty is del¢ged to a lef Exxutive OITicer I0). reswisible io the nOn-eXU¢1v¢ Board. The CEO leads and is supported by a senior man8g¢ment team Comprisirtg of senior managers with overall responsibility for business d¢v¢loprneD¢. income generatioo. therapy wvi¢es and hcwsitig. The CEO is responsible for implementing the poli¢y and strategy •J(ytaJ by ihe Non-E%ecuti¥e Board in line with approva budgds and lvising on such policies and Strategies. The CEO and senior management team must Yeport regularly to ihe trnyee5 on ¥tivities undertaka) and provid¢ regular management accounts to explain the fJnan¢ia] position and ¢ash flows forthe Chatity. Re¢Mtment nd Trakning for theTnuttts The TruMees aim to tnaitttain a representation and to within the P)ard l. a range of experience from within the volwitsry sertor atld business commutlity: . 5cekirtg the overall representation to be r4iresent*ive of the pccyle we sejve and the diverne mitioritics withirt it. Truslce5 are eletted by members at an Annua] Gcneral Meding. Trwning is delivered in tht fjrst instanc¢ through the use of an induction pack and a ptocess of support and mentoring by oth¢r trustw specific trnin8 nccds of trustees are tdcDtified and trainin8 provid¢d by a full rang¢ of m¢thod5 both iti hous¢ and externally. Page 7
SOUTH EAST AND CENTRAL ESSEX MIND LIMITED (REGISTERED NUMBER: 07597188) Report of tbe Trustees for the year ended 31st March 2023 STRUCTURE, COVERNANCE AND MANAGEMENr Risk m•wgemeRt Rl'sk i5 identifhed in a number of ways through Thjr Health and Safety Conmiiltee. strate8ic and bJ5in&ss plannin& financial reporting, reeommended prxticc and l¢gJs]ation. This is managa through p)li¢y development and training. Any ideThtifLed risk that wjld impa¢t on the rcwfaiion of National Mind 15 Tred th"rertly to ih¢m with regular updates provida.
SOUTH EAST AND CENfRAL ESSEX MIND LIMITED (REGISTERED NUMBER: 07597188) Report of the Trustees for the year ended 31st March 2023 REFERENCE AI¥D ADMlf41STRATtVE DETAIL5 Registered Company Number." 07597188 {EDgJand and Wal¢s) Regist¢rtd Charity Number: I l4845l Regi$t¢r¢d oifite: The Jubilee Centre 112-114 Swih¢hur¢h Roa Southend on Sea, Essex, SSI 2LX Trustew: Mr G J Ravcn Director- Chair Lord R A Stallard Dircctor- Vicc Chair Mr M P Bunclark Director- Honorary TreaTcr Mr C Phillips "rector (rcsigncd 15.12.23) Ms A Agrdwal Dircctor (appointed 21.04.2022) Ms L White Dirtctor- Forner Chr {resJgned 06.06.23} Mr P J Payne Dircctor- Former Vice Cha]"r (rr5i8ncd 06.06.23) Ms E Farrell Director (rtsigned 01.04.22) Mr D Smith Director (aminted 01.04.2022, resigntrj 06.CkS.23) Mr D Paterson Director (appointed 20.01.23) Indeptttdettt txatlllner Azets Audii Serrice5, Chartered Accountants. 7.8 Britamiia Business Park. Comet Way. Souihend on Se Essex. SS2 6GE Solititors JeffeThes Essex LLP SolicitOTS 3rd Floor Dencora Court. TyleTS Av< Souihend-on-sea Essex. SSI 2BB B&Dkers CAF Bank 25 King5 Hill Av4 'n85 Hill. West Malling, ME194JQ SeLYetary Ms C Grant Chief Offiter Ms C Grant Pag¢ 9
SOUTH EAST AND CENtRAL ESSEX MIND LIMITED (REGISTERED NUMBER: 07597188) Report of the Trustees for the year ended 31st March 2023 Approved b OTd¢r of the tx)aTd of tnLSt¢es on............ .......... .................... and sigTheAI on ILS b¢half by.. Mr G J Raven- Trustee Page 10
Independent Examiner's Report to the Trustees of South East And Central Essex Mind Limited (Registered number: 07597188) Independtnt examiner's report io the trnstees of South And CeDtraJ E55ex Mind Llmlted Cthe Company I report to the charity Inteo my examination of the accounts of the Company forthe year ended 31$1 March 2023. Re5PODsibiiities And b15 of report As the charity's trustee5 of the Colnpany (and also its directw for the purpoKs of company law) you ate responsible for the PT¢pari¢)n ofthe accounts in aco)rdance with the requklements of th¢ Cotnpanie5 Ad 2 ethe 2 Act.). Having satisfjed myself thai the accounts of (he Company are not r<¥uir¢d to be audited under Part 16 orth¢ 2006 Act and are eligible for independent examination. I report in Tespeci of my examination of y(x]r charity's accounts &s carried out under Section 145 of the Charitics Act 2011 (Ihe 2011 ACV). In carying out my examination I have followed the Directions gsven by the Charity CommissioTh under Section 145(5) Ib) of the 2011 Act. Independent exmiller's stAtement Since your Charity's gross incorne excecdcd £250.(KQ your exarnincr rnu be a membcr of a listed iyjdy. I can confimi that l am qualifjcd to undertake the exarnination bccause l am a mcmbcr of the Institutc of Chartered Accountants in England and Wal&s. w.Ch is onc of the listed bLMlies. I havc complctcd my examination. I confirm that matteT5 have comc to my attention ID GOT¢¢tiOn with thc examination givin8 me cause to believe.. attounting records were kept in rc5m of the Company as required by Scction 386 of the 21x6 Act., or the accounts do not a¢¢ord with thos45. or the a¢¢ouniS do not Comply with the a¢¢ouo¢ing requirements of Section 396 of thc 2CK)6 A¢t other than any requiremcnt th& the a¢¢ounts give a irue and fair vicw whith is not a matter ¢onsidered as part of an indepetmlcnt examination. or Ihe ac¢ounts have nol lieeTh wep81 in ¥cordance with the mdh¢xts artd prin¢iples of the S¢atem¢oi of Re¢ottuncnded Practice for a¢c(M]nung and ryrting by ¢harities {applirable to ¢haritie5 preparing their ae¢ounis in ac¢ordan¢¢ with ihe Finan¢Lai Reporting Stsndard applicable in the UK and Republi¢ of Ireland (FRS 102)). I have no cOnrr and have corne across no ollr matters in COntIon with the examination to which art¢Dtion should b¢ drawn in this report in wder to eThabl¢ a proper undedIng of the accounts to be reached. Adam Hubbard BAIHons) FCA The Institute of Chartered Accountants in England and Wales A7£ts Audit Servic&s, Chart¢red Accountants. 7-8 Britannia Business Park. Comet Way. Sollthend on S Essex, SS2 6GE Pagell
SOUTH EAST AND CELYTRAL ESSEX MIND LIMITED Statement of Financial Activities for tbe year ended 31st March 2023 2023 Totxl futtds 2022 Tot funds UnTe5trictcd Restrirtcd nd fund N¢$ INCOME AND ENDOWMENTS FROM Donations and legacie5 122,708 122.768 105.012 Other trading activitics Invcstrncnt income 383319 324 396312 779531 324 565.071 16 Total 396 670 099 EXPENDrruRE ON Ra]"sing ndS S&081 55,081 35,781 Cbrii#bl¢ etivi¢ies Supported Housing Counselling Menta] Heolib Training Commissioning 350.706 13.013 358, 13,013 25,566 28 397 528 214.542 33,769 18,661 255 279 397 Tot#1 558 032 ET INCOMEI{EXPENDITURE) 61945 (9.116) 52,829 112.067 RECONCILIATION OF FUNDS Ttstal funds brought forward 609,751 791)0 617.651 505.584 TOTAL FUNDS CARIUED FORWARD 617651 The notes forni part of these financial statemcnts ge12
SOUTH EAST AND CENTRAL ESSEX MIND LIMITED (REGISTERED NUMBER: 07597188) Balance Sheet 31st Marcb 2023 2023 2022 Toial funds Uniestricted Restricted nd fund Toifii Notes FIXED ASSETS Tangible a&sets 12 871J76 871J76 868,348 CURRENT ASSETS Debio Cash at bank and in hand 13 61.246 210 61,246 210 30,347 246.540 271W8 271008 276.887 CREDITORS Amounts falling due within one year 14 132,014) (1216) (33330) {67.361) 238 209 526 TOTAL ASSETS LESS CUBJi£Nr LIABILMES 1,111,170 (1316) 1,1119,954 .077,874 CREDITORS Amounts falling due after more thaTh one year 15 {439,474) (439.474) 1460223) NET ASSETS 671 16 617651 FUNDS Unresiri¢¢ed fuTLds: General fund Restricted fund5'. Re*ri¢ted Funds 19 671.696 609.75I TOTAL VUNDS 617651 The charitable cornpany is entitied to exemption from audit under Section 477 of the Cornpanies 2(K)6 for th¢ year ended 31st March 2023. member5 have n(A rtquired th¢ cixnpany io obtain an audit of its financial statetnents for the year ended 31st March 2023 in accordance with Section 476 of the Cornpanies Act 2. The trnstees acknowldge tbeir rewnsibilitiLs for (a) ensuring that the charithle company keeps cOunting records that cornply with Sections 386 and 387 of the Companies A¢1 2(X)6 aJLd preparing financia] statements which give a tnje and fair view of the state of affairs of Ihe charitable company as ar the ertd of each financial year and of its wrplus or deficit for ea¢h financia] year in accordantt with the requirctnents ofsects"on5 394 and 395 and which otheTwise comply with the requirements of the CrPanICS Aet 2006 relating to financial 5tatement4 so far &% applicable to the ch3ritable compab)y. Ib) The notes fonn part of these fhnancial statem¢Dts Page 13 continued...
SOUTH EAST AND CENTRAL ESSEX MIND LIMITED (REGISTERED NUMBER: 07597188) Balance Sheet - continued 31st March 2023 These financial statements hav¢ E*en prepared in &¢oTrlance with the provisions applicable to charitsble companies subject to the sTra]I companies regim& ¢ia ststements were approved by the B(xrd of Tnec$ attd authorised for issue .. and were 5jgned on Its behalf by: MrGJ ven- T1¢¢ The not¢s fonn part of financial 5tatementS Page 14
SOUTH EAST AND CENfRAL ESSEX MIND LIMITED Cash Flow Statement for tbe year ended 31st March 2023 2011 2022 Notes Cash flows Irom op¢r#titig attltIeS Cash gcneTatcd from operations Interest paid 27.711 94,521 Net cash provided by operating adivities C•sh flow5 from iDvestitig lelivities Purchase of iartgible fixuj asse Iniere# rettived (3.633) 324 16 Net e&th (used inyprovided by invtstiiig activiti&s 16 Cash nows from fln8ntÈDg Activities Loan repayments in year 729 N¢t cash used in financing activiiie Change ID easb cash equiv*leDts iti the reporting period CA$h and tgsh eqllivalents at the beginning of the reportiDg period (35978) 35,574 210966 Cash #od ¢#$lx ¢qValents xt the tnd of the reportitig period 210 The lle$ fomi part of thtte fLiiancLai stateMts Page IS
SOUTH EAST AND CENTRAL ESSEX MIND LIMITED Notes to the Cash Flow Statement for the year ended 31st March 2023 RECONCtLIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES 2023 2022 Net ineome for tbt rtportlug ptrlod {5 per the SttsmtDt of FinrI Activitie5) Adju5tmtnts for: Depreciation charg tntcrest received Intcrcst paid (Incrcaseydecrea in dcbtors Decr¢e in creditors 52,829 112.067 (324) 23,651 (30099) (16) 15,268 6,672 Net casb provided by operations ANALYSIS OF CHA]¥GLS IN NET DEwr At 1.4.22 Cash flow At 31.3.23 Net Cash C&sh at bank and in hand 35 210 210 D¢bt Debts falling due within l year Debts falling due after l year {43,504) 15,980 (27,S24) 439 474 Tof 751 Thc notc5 form part of these financial sernents Page 16
soirrH EAST AND CENTRAL ESSEX MIIYD LIMITED Notes to the Financial Statements for the year ended 31st Mareb 2023 ACColNc POLICIES B8sis of prepring the finnciAi 5tstements The financia] statcmcnt$ of the charitable company. which is a public bcncfit enlity under FRS 102. have b¢¢Th prepared in accordance with the Charities SOPTr IFRS 102)'Accounting and Reporting by Charitie5.' Statement of Recommended Prdctict applicable to charitie5 preparing their accounts in accordance with the Finan¢iai Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) {effective l January 2019),, Finan¢ia] Reporting Standard 102 The Financial Reporning Stsndard applicabl¢ in th¢ UK and Republic of Ir¢land' and the Companies Act 21Xkn. The fmancia] statements have been prwed under the hi4oricai ¢ost ¢onventkon. ID¢omt All income is r¢wgnis¢d in tbe Sement of Finan¢ial A¢tivilies once lh¢ ¢FLarity has entlemenT io the funds, it i$ probable that the income will b¢ rx¢iv¢d and the amount caTh be reliably. Expenditure Liabilities are recognised as exprnditure as som as there is a legal or constructive obligation committing ihe ¢haTiry to that expenditujr, It is probable tbat a transfer of noMiC benefit5 will b¢ r¢qLLired in settlement and the amcALnt of ihe obli8ation can be measured reliably. EXpenth.re is accounted for on an accruals b&sis and has been cl&s5ificd under headings that a8gre8atc CO related to the category. Wherc costs Car01 Fx diredly attributed to particular headings thry have bccn ailocatrAI to activitie5 on a basi5 COASiStent with the use of resources. Tngible red s5ets No depreciation has becn charged on thc chariws properti4 bccause in thc opinion of the trustees the astim*ed rc5idual value of the propcrtles Is in cxccss tsf the carrying amounts in the financial statements. Depreciation is provided on other fixed &$ts evenly ovu thc rernaining period of the Ic&%c if appropriatc or otherwi5c at 330/0 on cost basis. Taxation Thc charity is exempt from crry>raticffl on its Ctlaritablc actiwtic5. Fund act0tIng Unrc5tricted funds can bc used in xcordancc with the charttablc objcetives at thc discrction of the trusleG%. Rcstricled funds can only bc used for particular rericted pUrS within the objttts of the charity. Restrictions arise when specifled by the dcw orwhcn fitnds are raised for particular restricted Purposes. Further explanation of the natute and purwse of eath fund is included in the note5 to the financial statements. P£nsioD costs aDd other post-rdiremeDt benefits The charitable company 0rateS a defined contributicffl p¢nsJon sch¢m< G)nttibutions payable to the charitable companvs pensioo s¢h¢m¢ are charged to the Sw¢ment of Financial Activities in th¢ p¢riod to which they r¢l•¢. Hire pw<ha$e and leasing eoJDmittheDts Rentals paid under operdting leases arc charged to ihc Statcmajt of Financial Activitics on a stTaight line $1$ over the Period of the It. Page17 continued...
SOUTH EAST AND CENTRAL ESSEX MIND LIMITED Notes to the Financial Statements - eontinued for tbe year ended 31st Mareh 2023 DONATIONS AND LEGACIES 2023 2022 Donations Grants 89,018 74.012 105 012 Grants rt¢eived. in¢luded in the atKJv4 are as follows.. 2023 2022 Wellbeing gardens Lloyds- LBF Foundation M&S- The N¢igiM)urly Foundation 5,1100 27,750 6,0(K) 25,0(X) (YriiER TRADING ACTivmES 2023 2022 Coun5elling Comrni5sionittg Mellt health training Other income Supported hsin8 6,756 394,711 29.975 1,758 346 37,498 193,320 25,798 150 308 305 565 071 INVESTMENT INCOME 2023 2022 Dcposit a¢couTht intcre&t 324 16 Pag¢18 continuoj...
SOUTH EAST AND CENTRAL ESSEX MIND LIMITED Notes to the Financial Statements - Continued for the year ended 31st March 2023 Rgi5iDg dontioThs And le¥cles 2023 2022 Sthff costs Dirertly charitable 49,634 26,240 CHARTfABLE Acr1vrS COSTS Support co4s (see noie 7) th.re Costs Totals Supported Housing Counsellitig Mental Heal¢h Training Commissioning 94.003 358.606 13.013 25.506 397 528 13,013 25566 140 125 suppowr COSTS sUprt Staff corts Rent Professional fe£¥ Light and heat Other citrsfs 103,543 JS,IllXI 26,078 18,453 234 728 NET ¥cOMFj(EXPEDrnJRZ Net incomel(expemditure) is stated after charginpJlcreditiDg)." 2023 2022 D¢preciaiion- owned Other operahng leav Independent examinaiion 005 6J,5fj0 51.930 Page 19 continued...
SOUTH EAST AND CENTRAL ESSEX MIND LIMITED Notes to the Financial Statements - contiDued for the year ended 31st March 2023 TRUSTEES. RElERlI0N AIYD BENEFrrs There were no tnLStees' rcmunemion ry other b¢t)efits for th¢ year ended 3 1st March 2023 nor for the year ended 31st March 2022. Tru$tee$' expens There were no trusted expenses paid for the year ended 31stMarch 2023 nor for the year endcd 31st March 2022. io. STAFF COSTS 2023 2022 Wages and salari¢s Social security Costs Other pension cOS soi.oio 36,()7 344.667 26.860 379851 During the year there were redundancy payments iotalling £nil {2022: £12.011). The averaEe monihly numbu of empli)yets during the year was as follows: 2023 2022 Admirtistraiion Directly ¢haTitable Fundraising 20 15 2S 20 No employees rrxeived ¢rnolum¢ots in excess of .(K). 11. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted fund futld Total funds INCOME AND ENDOWMENfs FROM Donations and legacie5 97,112 105,012 Other trading activities Investment income 354,7 16 210,164 565,071 16 Total 452.035 EXPENDITURE ON Raising ndS 35.781 35,781 Cb8rit*ble attivities Supported Hj$18 Counselling 214.542 16.926 214,542 33,769 16.843 Page 20 continued...
SOUTH EAST AND CENTRAL ESSEX MIND LIMITED Notes to the Financial Statements - continued for the year ended 31st Mareh 2023 ii. COMPARATIVFS FOR THE STATEMENT OF FINAI¥CIAL AcrtVTfILs- continued Unrcstriaed Re5trietcd fund fut Total nds Mental Health Training Commissioning 18,661 18,661 255 279 Tot 558 032 NET INCOMEI{EXPENDITURE} 117.796 (5,729) 112,067 RECONCILIATION OF FUNDS Total funds brought forward 491,954 13,630 505,584 TOTAL FUNDS CARIUED FORWARD 617651 12. TANGIBL£ FIXED ASSETS Fixtures Frcthold Plant and machincry Icathld fittiTh8S Totals COST At 1st April 2022 Additions 9SJiS 773,033 446,147 lJ14,49S At 31st March 2023 446 DEPR£CIATION At Ig April 2022 Charge foryear 446.147 446,147 005 At 3 ist March 2023 05 Nrr BOOK VALUE At 31st March 2023 871 At 31st March 2022 95.315 773.033 Property hls been recognised at a total Undreciated com of £868348. These properties wtte fornially valu¢d in JwL¢ 2017 and tbeir opth rnarket valu¢ &5se&s¢d &s £l.063.5c. Tlw¢ has been no subsequent valuation. Page 21 continued...
SOUTH EAST AYL D CENfRAL ESSEX MIIYD LIMITED Notes to the Financial Statements - continued for the year ended 31st Marcb 2023 13. DEBTORS: AMoiJNfs FALLING DUE WIThIN ONE YEAR 2023 2022 Trade debiors Pr¢paymenis and accru¢d income 47,924 13 14,925 14. CBEDITORS: AM015Nfs FALLING DUE WTTHIN ONE YEAR 2023 2022 Bank loarts and overthafts (see tte 16) Trade ¢reditOTS Other creditors Ac¢Nals and deferred income 27.524 2.269 937 43.504 18.044 1,284 33 15. CREDrroRS: AMouKfs FALLING DUE AFfER MORE THAN ONE YEAR 2023 2022 Bank loans (se¢ not¢ 16) 439 474 i& LOANS An a]y51S of the tnatijrity of10gns is given below: 2023 2022 Amounts falling due within one yearijn demand: Bank loans 27 Amounts falling betwe¢n oneand two y¢ar¥. Bank103ns- 1.2 years 29 Amounts falling due Ixtwttn hvo and five ytar5: Bank loans. 2.5 years 105 110 145 205 Amounts falling due in more than five years.. Repayable by instslments.. B2t)k loans rnore 5 yr by itLStal 304555 269,881 Page 22 ¢ontinue(L..
SOUTH EAST AND CEiYfRAL ESSEX MIND LIMITED Notes to tbe Financial Statements - Continued for the year ended 31st March 2023 17. LEASING AGREEMENTS Minimum le&se payments under non-cancellable (W&irtg leases fall duc as follows: 2023 2022 Within one ycar Bctwccn one and fLVe years 52,120 18. SECURED DEBTS The followin8 secured debts are included within creditors: 2023 2022 Bank loans 503 727 In suptA)rt of ihe charity's loans. the charitys bankers hold fir# lega] ¢hargLq over the properties to which they relate 19. MOVEMENT IN FUNDS movement in fvnds At 31.3.23 At 1.422 Unrestrlcted fund5 Generdl fund 1509,751 61,945 671,696 Restrided funds RtriCted Funds (9,116) (1,216) 670 480 N¢t movmeni in fiLnd5. included in the al))ve are as follow5: In¢oming Resources Mov¢ment rcsour¢¢s expended in fijnds Unr¢stri¢ted fmds General fund {444 61,945 Restrirted fulld5 R&%tricted FutMIs 396J12 14(15.428) (9,110 TOTAL FUNDS Page 23 ¢ontlDved..
SOUTH EAST AND CENTRAL ESSEX MIND LIMITED Notes to the Financial Statements - continued forhe year ended 31st March 2023 19. MOVEMENT IN FUNDS. continlled Compr8tive5 for mrJv¢ment ID funds N¢t movement in funds At 31.3.22 Ai 1.4.21 UJwe$tri¢ted fun General futtd 491,954 117,797 609,751 Re5trieted fund$ Restriaed Funds 13.630 (5.730) 7.91x1 TOTAL FUNDS 617651 Comparative net movement in funds, in¢ludgJ in the fJ)ove are as follows: Incoming RoUrteS Movemeni in funds Unrestrlrted funds Generat fund 452,035 (334.238) 117.797 Resttlcted fuods Restriaed Funds 218.W (223,794) (5,730) TOTAL FUNDS 670.)9 558 032 112067 A current y¢ax 12 months and PTioryear 12 months combintd position is as follows". Net movemeDt in fidS At 31.3.23 At 1.4.21 Unrestricted fuDds Ge¥¢¢raJ fund 491SI54 179.742 671,696 Rutricted fwids RestTi¢i¢d Fund5 13,630 (14.846) (1,216) TOTAL FUNDS 505.584 164896 670 480 Page 24 ¢ontinua...
SOUTH EAST AND CEiYfRAL ESSEX MIND LIMITED Notes to the Financial Statements - continued for the year ended 31st March 2023 A9. MOVEMENf Iiy FUNDS- ¢ontinxed A ¢urrenl year 12 months and prior ytar 12 months tombined net movcrncnt in fiLnd5, included in thc above ar¢ as follows: Incoming Resources Movemenl in fijnds Unre$triettd fwids General fund 958,346 (778,604) 179,742 Restrieted fv$ Restricted Fund5 614.376 (629,222) (14,846) TOTAL FUNDS 1572 722 (1407 826 RELATED PARTY DISCLOSURES During the year ended 31 March 2023 the ¢harity'S tLts] remunerion io kry management persortd amounted i £41,000 (2022: £41.(KJO). One employee is ielated to a TnJ#ee. This Tnslee plays no part in the management tsr decision making in respect of Iha"r rel1ve$, area of rewstbiliry. This TNstee has wbsequently reSId by rotstion after the balance she• dale. On the payment of an annual levy to Nional Mind the charhty will remain affiliated and can particip¢ in ihe affairs of Nloal Mind to such a degree and through such represenwion Ihat may be detern)ined by this ¢harity and the National Mind. The Chlty is guided by both I[ and national policy athd TegY where ihis is complernenry io our objectives. Equally we will particiNe in joint workiDg with other nation and loca] OTganisaiions, swh as Nationaj Mind in th¢ ¢ff¢rtive pursuii of our obje¢tiv¢5. During the year the charity received ntIng services from Barrons, a fimi in which one of the Tte4 Mr G J Raven. is able to exercise signiflcant influence amtyjnting £14.172 {2022= £nil). It is thought that the fair value of such trartsactions were they undertaken by an independ1 third-party would be between £20,IXM) (2022'.£nil) and £22,500 (2022..£nil). The¥e were no h¢r T¢lattd party transactions for the year{2022.. £nil). Page 25 continued...
SOUTH EAST AND CENTRAL ESSEX MIND LIMITED Notes to the Fillancial St2tements - continued for the year ellded 31st March 2023 21. PENSION COMMITME The charity opeTa¢¢s a d¢find contribution pension the in respe¢L of its ¢mploye¢s. During the year contributions to the scheme amounted ro £1 1,663 (2022.. 8.324) and there were liabilitL¢S Outslanding at ihe Balan¢e Sheet date lotling £2.680 (2022.. £1,284). Page 26