REGISTERED COMPANY NUMBER." 117597188 (England 8nd Wales) REGISTERED CH NUMBER: 1148451 Report of lhe Trwi¢u 1 UDudittd Financial Statements for the Yer Ended 31st Mreb 21124 for sourH EAST AND CEFfflL ESSEX MIND LIMrrED 111 ADIAQPft6* 1911212024 . COMPANIES HOUSE A37
SOUTH EAST AND CENTRAL ESSEX t[ND LIMITED Contents of tbe Financial Statements for the year ended 31st March 2024 P¢ Report of the Tru$te l io 10 Indep¢ndent Exminer'$ Report Statement of Finneial Activities 12 Bal4u¢e Sheet 13 to 14 C*sh Flow Statement 15 Notes to the Cash Flow Statement 16 Nott5 to the Financial St#tements 17 to 25
soirrH EAST AND CEiifRAL ESSEX NIIND LIMrrED (REGISTERED f4UMBER: 07597188) Report of the Trusttts for the year ended 31st M•reh 2024 The tru5t¢es, who ar¢ ajso dr[OrS of th¢ dwiry for the purp05¢5 of th¢ Cornpani&s Act 2fK16, presenr rheir repon with the finan¢ia] #atements of the charity for the year eDded 31 March 2024. The trustees have adopted the provisions of kncounling aThd Rcp)rting by Charities." Staiement of Recommcndcd Practice applicable to charilics prcparing their xcounts in accordancc with thc Financial Reportin8 Standard applicable in the UK and Republic of Ireland ffRS 102) {cffeclive l January 2019). OWECTtVL8 AND AcfiviTILS ObJeftivt$ aims The irusiees confinn th they have complied whih the duty in section 17{5) of ihe Charities Aci 2011 with Tegards to the Chariiies Commission guidance on public benefit when reviewing the ¢haJity'S aims and objectives and pla[ing future aciiviiies. Having regard to Ihe actjVLties and achievcmcnts of thc charity. the Tru are of the opinion that it continue5 to fulfjl its clwitable wrp)sc. Within the ar covercd by Southcnd on Se4 ROchfO Castle Potni & Chelmsford the charity's aims and objectives are". l. To prornote artd protect gLy)d mental health for all in South East and Central Essex. trcating people fairly, sItIve1Y and with respeci. 2. To support people lik¢ly LO develop mentsl h¢a]th pr(l)lems 10 stay w¢ll- 3. To empower people to make infomi¢d ¢hoitts atrtytt how th¢y manage Ihetr¢)wn mentl hedth,. 4. To ensure people ihe righi servitts and support at the right time. giving thwn ihe tools to recover and stay well. Aehievemtnt and perfonDAD¢¢ The ¢harity continues to deliver a range of high-qua]ity seTMCeS for ihose experien¢ing p)or mentrl health. The Charity has delivered servicts tts med the Tkeds of the commuThity thrtyjghout the period that included.. l. coniinued support for IKyJsing tenati 2. ¢hildTcn and young people service& . mental health training atMI tslking therapie5. The Charity is delighied to rwn lh stsff al volunieers have fully embrac the Chief Execuiive'5 Business Plan and Proposed Methodologies with the Chariry committed to seeking io enwre thal all our representatives are well support and irained regularly. Many of our team bring specialist baCkgndS aThJ l or lived experience an where appropriate. qualificathons io enable thern to ddiverthe Charity's vision. Page I
SOUTH EAST AND CEKfRAL ESSEX MIND LIMITED (REGISTERED NUMBER: 07597188) Report of the Trustees for the ytr ellded 31st Mar£b 2024 Mentl Ht8lth Services Supported Ho451ng We coniirtue to be reprcsented on the knthend hwsing panel. etlabling us to liaise WLih the lotai housing department and other charities io provide the right package for indJv]duais neediog support. Setvice useTS are given the opportunity to feedback and SUEgest improvements to any of the services they have been part of. Our housin8 service eoniinues io generate unrestricted Inc(Tre enabling the charity io offer other mental health servLC¢5 to the ¢ommunity- During the year we had 19 w available for clients and the CUPa rate was 79.5'h * the end of the year. Fet Based COweIng and Tr#llmx We continued to deliver one to one counsellin8 Sessio for chilthtn. young rwple and adults either virtually (via Zootn) or face to fxe. Sojnewbere to Trll OUT Somewhere to Tum service moved to an online FacetKxJk 8rNp durtng the pandernic and has proved popular with the community- Our staff, who monitor the group. continue to offer surwrt and advicc for anyone with concerns about their ment health. The Charity h&$ a150 r¢intru¢Cd the Somewhere io Turn tarly intcrvcntion servic4 offerin8 phone and cmail contact using a ncw serviee model. Mental Health TriDing We eontinue to See an incre&%e in demand from lo¢•] authoritL¢5. busine55es and other organisations who want io understand and learn more aknut mental health. The charity h&s built a solÈd customer base with lo¢Jl education and care organisations and continue5 to offer bespoke course5 and Menlai He4]ih First Aid (MHFA). Admission Prevention l ElY Dl%hxrge (APED) As part of Mid and South Ewx Sustsinability and TTansfomiation Parnlership (STP). there is a range of provision to provide timely and appropriare responses to people in CTiSiS 10 preveni esca]2tiotL of Mert] healih problems and unnecessary referrals to specis¢0Mpl£X care mental Itealth services. Accident and EmeigeTKy {A&E) and other em¢rgency and oui-of-houts sttviw and lopn)vfftdesupi in the community io reduce the inpatient sray. In partnership with Thum)ck and Brentwo¢)d Mind we offer the Admission Prev¢Thtion ¢lement. providing extrd suppon to people tn crishs that can remain at home as an aiiern*iv¢ 10 knission to hospitsi and Early Discharge, following an iThpatiet)t exp¢ri¢nce in the Menlai Health Unit the service supports wjple to senje back in to th¢ir hom¢ ¢n¥irorllnent and ¢ommunity. Page 2
soirrH EAST AI¥D CEiYfRAL ESSEX MIND LIMtTED (REGISTERED NUMBER: 07597I88) Report of ihe Trustees for the year ended 31st MAr¢h 2024 melli Helth Recovery Worker5 In Mid and South Essex the deman(Ls on the Mental Health Services have significantly increased. The mental health Tecovery roles wpport th¢ Community Mental Health Teams (CMHTS) and the Mental Health Liai50n Nurse in lh¢ A¢¢id¢nt a[ Emugen¢y Department to me the ¥lditional demands. Chlidr¢n and Young People Our cbildrert and young person counsdling 5crvirc has bcrn Commissioned by sOuth-E and Mid-Es5ex ICB and, working wilh two other Icral children's charitics provide5 onc to one ¢ounsclling support to Yng people ktwetn the ag&sof 11 and 18. Support to Thrive- We work in partnership wjth ThurnKk and BrentW(MMI MIT with secondary sch<M)18 Essex County Council and the Mid and South Essex ICB'S to offer young people wellbeing supw)rt. We develop peJ50rtalised packages of gJpFrt with ywng people to $ty¢nh¢Tr and improve their eMloTra1 and rnenul wellbeing. Youthful Wellbeit)g - Youthful wellbeirtg provide5 holigic. short-tern eonnectiTh8 young adults aEtsJ 18-25 who are experiencing meThta] health problems io local iniiiaiive5 and service5 for prdCtiLxI and emotional support. The service airn5 10 inciease people's conneciion wilh oiher and their l¢xai ¢ommuDity and empower them io take Control of their own hvdlth and wellbeing_ Jt helps io yrengthen p¢rsot)ai and ¢ommunity r¢sili¢nc¢ and r¢dy¢¢ h¢a]th inequalities by addressing wider ddemiit)anis of hea]th such 8$ debt, PCA)r h(xJsing and Physic in¥LiViry. MlD Activities Uttdtrt•kttt To Furtlr Tht ChTlty's Purpos¢ For Publi¢ B¢nefiL All of the activities rep)rted are for the public benefLt. In th¢ ¢OYTS¢ of managing the Charity the tnJttS have hJ regard to the Charity Commission's guidance on public b¢n¢fJi. Cbgrity Perfonnattet & Imp¢t Upon Pnellc5thtJ of the Ch•rlty. The charity h&5 $gh( io oveT¢ome the challenges of opernting in a (largely) post Pand¢mi¢ world which has seen a significant it)CTr&se in the number of enquiries for rnental health support as a resuli of the Pandemic. Whil existing in a very compeiitive and restricted fund rdising environmenl. OUT re acbvitxes we believe have irnprovcd ihe wdlbcins. mental health aTwJ opportunities for evrryone we have been in ¢onract with. For sorne of those cxpcriencing menial health challcnBcs who havc acc our SCTvices. thcy have be¢n abl¢ to contribute to the ¢ommunity bthh fiJw¢ially and through vOlUnring. The charity offices at Sou¢h¢hurch RoJ in s¢thend were ¢losoJ in Mah 2024 and th¢ Tristered office has been r¢locat¢d to Nelsons Gate. Degree To Whieh Athievements And Charity Perforn*nte Benefited Wider Soelety. Our servicts are considered to benefti the wider community through sustaining and supporting people wilh mental illnes& This not only helps the individual Involv bui ben¢fJts fatnilie4 friends and th¢ Ial community. The delivery of ihese servic&8 has helped the wider Community by enabling those seeking or netding help to find what they ne&J. Our approach to help for individua]s. means fewer people drop tyji of support and a clear pathway to recovery is identified with people moving on ro independence where they become Contributors to the wmmllnity. We have had 12 volunteers work Wilh us during the year. som¢ of which are previo8 clients who have been able fo use Iheir own lived experience to help and supwi oiheTS. Page 3
sourH EAST AND CENfBAL ESSEX MIND LIMITED OiEGISTEBED f4UMBER: 07597188) Report of the Trustees for the y¢r ended 31st Mr¢h 2024 FiD8n¢ial Results The financial position of the charity at 31 March 2024 shows that the total income was £853,255 (2023 £902,623), tl total eKpendJiur¢ wa5 £936,729 (2023 £849,794) and the rcsu21ing d¢fi¢ii w¥ £83,474 (2023 £52,829 surplus). Restrve5 Poliey The trustecs opcrate with the followirtg ReseThes policy: l. The risk of unforesecn crnergency tsr othtr unexpe¢ied r)ecd for funds - The Trustecs have 5cI aside a cash or cash equivalent resmTe of £lO,I)XI 2. The risk of covering unforeseen day-t(Htay opuational coys - The Tnjstees have set &side a cash or ctsh equivalent TeseT¥e of £7.500 3. The risk of105ing a SrCe of income - The trustees have set aside a c&sh or c&sh equiva]cnt reserve of - Redllndancy c051S £iO.(KKI li. Overheads and Finance Commitments (3 months) £92J(X) 4. Planrhed commitment4 or designations. that ¢aTLnot be mel by fvture income a]one The TNste¢s are of the opinion that any planned commirmeots and l or designation5 noi capabl¢ of bein8 5UStained through fvrure iThcom¢ budgets can only be committed to by way of eva]uaiion of residual ¢quity within the Chariry housing stk aDd the risks as5Ctiated with filrther Ix)rrowing agai th¢ d¢monstrabl¢ Charity bwd return5 exwted to resuli in the longer i¢mi S. The need to fund short-lernj deficits in a c&sh bud8cI - The trumtts have set asidt a cash or cash quivalcnt re5crvt of £5,( Level of Ca$b Reserv As at 31 March 2024 ihe Tnjstees have set aside a cash or c&sh equivaleni reserve of £125,orKI &$ detailed above. The level of Reserves held are reviewed annually. At the balance sheet reporting dat< the Charity held £137,374 (2023 £210.562), thu5 enabling the Charity to continue to seek to d¢velop and extend servkrx offering5 whilst remaining wiihin ihe Cash Res¢rv¢s target. Monitorlng Retylewlng The Reserves Policy The cash reserves sranding is Teviewed moThihly by ihe Finaoc¢ Committee on prlUC[lon of Lh¢ monihly managemeni infonnaiion - the Chief Exe¢uiiv¢ Office rnoniiors bank baJan¢es on a weekly basis and is ingrucied to draw the Finance Commilttt's atieniion to any br¢aeh of the cash holdings. The Charity has separaied the res¢rve holding requirement into a separaie inierert earning futKI w enwff any cash demand tha¢ enthils the Cash r¢s¢r¥e level being brea¢hed is immediately iecognised. The policy i$ reviewcd annually against the latest ulOry xcount& tsking considcratiixj of ftsn¥aTd forcrasts of the Charity. This is an arU81 proces5 and the Trscrve policy wa5 ¢ted against the forward forecast for FY25 by the Finance Committee. The Committee rathfied the Rc5crvc level for a firthtr year. Ixvel of Ullrestrirted Reserves Unrestricted reserves ate rep)rted £590218 (2023 71.696). Includcd within the balancc sheet of the Charity is ihe hOTr8 5tc(k ownoj by it. which is held to.. l. Underpin a key charitable objective of the Clwity- the delivery of sUPPOrted housing to the Community" 2. The housirtg s¢tvi¢e continues to generate unresiricied irtcome enabling the tharity to offer Other m¢ntal health services to the community tOUgh providing a and very much in demand seryice bn the I(1. Page 4
sotrrH EAST AND CENfRAL ESSEX MIND LIMITED (REGISTERED NUMBEIL. 117S97188) Report of the Trusttts for tb¢ year ended 31st Mar¢h 2024 A5 such thc Twstees hav¢ elcctcd to ring fence ihe hcwsing Lk. nct of mortgage ¢ommitmcnts, frorn being available to the Trustccs as a reserve that could bc cncashed without that there is.. l. a clear juslificatL¢)n to improve the Charitable rViCe offcring through equity relca5C,' . where the rescrvc limii has been breached. and the Trnstets consider that.. a. it is n¢X forecast to rcsolye within 6 months and b. revised annual budgets indicate ihe inabiliry 10 either souwe or servic¢ new103n ¢4pital to the busio¢ss Printipal FundiDg Sour The charity is reliani upon l. the continued inrne prowded by charitable funding ix)dies and local I centrdl governlnent 5UPPOrt. rental income derived from Charity owned designated propertLe5 that provide supported housing services to the community. . receipt of do[li0nS and inciHne from fundraising events FiryURE DEVELOPMENTS The charity has been through a signifirdnt period of change over the past thrtt ycars. The board identifjed fjve key 5tratcgic priorities to movc from a 8rant dependerbt charity lo a sustainable organiwion while continuing to provide vital mental health 5crvices to ihc community SECE Mind serves. Our vision is to'Empower people in South E and CentTa] Essex to improve their mental hcalth and wellbeing, and we will do this by inCreing opportunirie5 for co4e5igTh and c(pr(Ald10n, providing peer wpport and.opportunitie5 to lyjtld resiltence giving individuals the tools to manage their own Mell healrh. tn the community and in the workpl through new comrnercial relationship5. Our Vision for The Chlrity L. To provide support and empower all those living with pwr rnenial health in South E&st and C¢Diral E5sex' 2. To ensure everyone Susceptible or experiencing menta] heaiih iSgLes 15 given help. suppon and guidance needed enabling them to cope rnore easily and ¢ff¢iively,' 3. To aim to iMerv¢ne as early a5 Possibl< off¢riTrg an early Interv110 service for anyone experiencing mental healih challenges. 4. To aim to grow mental h¢a]th training servict5 to rnirumise the Stigma and fear of rntnral ill htsith: 5. To always treat oihtrs respttifully and to discrirninaic any IMSi& 6. To be Compassionate towards every¢ w¢ come into con*t with. and 7. To deliver wr seThices with honesty. professionalism and acwJntability within a frnmcwork of a sustainable l¥Jsiness model. Our Intended Dtlivtry Othttome5 to Our Clitnts l. To help individu$ to make inforned decisions and supwn them to do this by ide41iifying goals and a 5upp)n pathway using a Hurnan Givens approath: 2. To work in partnership with ststutory mental health service providers and others. acting &% a primary point of call promoting independ1 living wilh support within ihe community- 3. To continue to develop servicts for more gTOUPS in our community eontinuing our work with Children and young people. 4. To ensure our existing hsing in Swthetml remain well maintain&i fit for PUTP054 are tnore utilised and 51JStainably fvnded. 5. To expand ¢)ur supported housing services inw the Castle Pth"nt and Chelmsford areas by working in partn¢rship with the loca] auihoriry and other housing chan"ii¢s' O. To market and deliverour training setvic&s to reach more peopl PaBe 5
SOtrrH EAST AND CENTRAL ESSEX MIND LIMrrED (REGISTERED NUMBER: 07597188) RepoTt of the Trustees ror tb¢ year ended 31st Mar¢h 21ll4 7. To evaluate how we w¢xk and fvrthcr develop our CRM system ensuring we can bcnchrnark our perfonnance and demon5tTale our impact in the community. 8. To continuc to ensure our govemance is robust, effective and meets all quality 5tandard5 to which we subscribe. 9. To ensure team h&s ihe expenise and capacity to ¢ortsi#ently deliver high quality service5. 10. To do all we can io trtome an employer of Choice. I l. To continually look for bast value from tyjr suppliers and wll Ik io increase ow own efficiency and service m(Kiel io minimise cost and wastage. We wll generate tnoTe unrtstricted income enabling the organisatioThs aims and objectives to be fuifjlled in the longer terrn. Our Rlsks & oppOrDitieS Ri$ks l. The ¢ompetitive nature of thc volumc of charities ncvjing to raise funds as we do. 2. The irttrfyluction of the Intcgrated CaTe Board (ICB) and Jntegred Care System UCS). 3. Staff recrnitment and retention 4. Increases in Minimutn Wages and TransÉtions to Living Wage. 5. The Cost of Living crisis. 6. Regulatory and Operdtional Challenges such ctsr crime and environmcnta] impact obligations. 7. Geogrdphicaj arAs of under representatiijn thrwgh bIget constraints. Opportunities l. Growing media and Soci awareness of well being and mcnts] health issue5 2. Generation of incomt from new SOLtrce5, ultimalely intenditlg io balanct opporturbities that exist within the Pnvate Sector as planned funding through PLLblie Sector Initlalives comes nder intr1n8 Scrutiny and financial consrraints. 3. The community will need and support an exiension io our seryice xope and breadth the currtni economic conditions and recent exist from the Pandemic have a Si1r1¢an1 impi upon well b¢ing and mental health. Pagc 6
SOUTH EAST AND CENfRAL ESSEX MIP4D LIMITED (REGISTERED NUMBER: 07597188) Report of the Trustees for the year ettded 31st Mr¢h 21124 STRucfuRQ GOVERNANCE AND MANAGEMEKr Covernittg document South East and Ceniral Essex Mind 15 an Incoiwratoj Ch&ity limi¢oJ by guarantee (Company No. 07597188) govcrned by ihe Memorandum and Articles of Association. It is a local registered charity (registrdtiljn no. 1148451) affLliateJJ with National Mind. Our Memorandum and Article5 of latIOtI seis out ¢ategorie5 of mernber5hip and fvll members shall be entitled to vot¢ at all g¢neral m¢etings of the Charity. W¢ serye th¢ area ¢overed by Ihe Southend Borough Cwicil, Cayte Point and Rochford (Essex County Council) and Chelmsford City Council. StrM¢ture aud de¢ision maki% The Charity seeks to operate with a non-cxecutive Board of up to 10 trusttts, who a]so comprise ihe dirrft(Xs of thc company. The tTUStees seek to up tts 12 tirnC5 a year. Founded upon the coMFltiOn of the Board of trustees. three Appointtsl Offi¢eT5 are se]ectcd of Chair. Vice Chair arhd Honorary TTe&surer. The Tee5 may a]so delegate powers to sub-tomTnittets containing lea4 one from their number to look at specifie matters and advise. Currently there are ftyjr su¢0MmItteeS responsible for Servie4 Development, FinaTKe atMI CM>vernance. Day to day management of the Clwity is delegated to a alicf EKrxutive Officer ICEO), responsible to lh¢ non-cxccutivc Board. The CEO leads and is supported by a senior mana8tment tearn comprising of 5cnior rnana8eT5 Wlth overall responsibility for busines5 develrnent, incomt generation, thcrapy scrvicts and housing. The CEO is responsible for implementing the policy aThd Tategy adopted by the Non-Execuiive Board in line th approved budgets and 2dvisirtg on weh policies and strategi&%. The CEO and senior management team must report regulaAy to the trUet5 on activities undertaken and provide regular managetneTht a¢counis to explain the fJtwicia] posiiion and ¢&sh flows for the Charity. Recruiljiiait and Trninitsg for Ibe Trustees The TNsttts aim to maintain a repreSentIon and to rttDJit within the Board l. a rdnge of cxpcrience Itorn within the voluntary sector and twjsiness community" 2. seeking the ovcrall rcpre5entation to be repr¢sentaiiv¢ of the people we serve and th¢ divers¢ rnirrf)rith¢s within it. Twsi¢¢s are ¢l#ted by members * an Annual General Meeting. Training is delivered in the first irtstance thrsh the use of an induction pack and a presS of support and mentoring by other trustees. spccific trdilliTh8 needs of tn1cCS are idcntificd and training provided by a full rangc of methods both in house and cxtcrnally. Page 7
SOUTH EAST AND CENERAL ESSEX MIND LIMITED (REGISTERID NUMBER: 07597188 Report of the Trusttes for the year ended 31st Msreh 2024 Rlsk manigemetst Iosk i5 identifjed in a numEer of ways through ojr Health and Safety Committee. Strategic and business planning. rinaneial reporting, recommended Pfdctice and legislation. This is manag¢d through policy developm¢nt a[ trdiThill8. Any ideniifjed risk that could imparf (ffl th¢ reput*ion of National Mind is reed dirtttly to them with r¢gulaT updaies provided. Page 8
SOUTH EAST AND CETrrrKIL ESSEX MIND LIMITED OIEGISTERED PIUMBER: 117597188) Report of the Trustees for the yeor tllded 31st Marcb 2024 REFERENCE AND ADMlNISTIL4E DETAILS Registered Company NurnbcT'. 07597188 n813Thd and Waits) Registered Charity Number.. l 148451 Registered Office: Nelsons G*e. 217a North Road. Westcliff On Se4 Essex, SSO 7AF Trnstees: Mr G J Raven Director- Chair Lord R A Stsllard D)rtor- Vice Chair Mr M P BLtnclark Director-Fonner Honordry Trcasurcr (resigned I1.03.2024) Mr C Phillip5 Direcior {resigned 15.12.2023) Ms A Agrawal Director Ms L While Director- Forner Chair {re5igned 06.(.2023) Mr P J Payne Director- Fornier Vice Chair (resi8ned 06.06.2023) Mr D Smith Director (resigned 06.06.20231 Mr P Gayler Director (appointed l 1.03.2024) Mr D Paterson Director Mr J BJ"chardso¢) Dire¢ior (appointed 19.(kn.2024) IndtpeMd¢Dt ex•mintr Azds Audit Servi¢ Chartered Ac¢ountonrs, 7-8 Brinla Busin¢ss ParK Comei Way, Southend on So Essex. SS2 6GE Soiiciiors Jcfferics Essex LLP Soli¢iiors 3rd Fl(x)r Dencoracourt. TyleTS Ave. Southend-on-sea Esx. SSI 2BB Bankers CAF Bank 25 Kings Hill Ave. Kings Hill, West Melling. ME19 4JQ Secretary Mr D Sollis Chlef oifJ¢¢r Mt D Sollis Page 9
SOUTH EAST AND CEiYfRAL ESSEX MIND LIMITED (REGISTERED NUMBER: 07597188) Report of the Trnste¢s for the year eDded 31st March 2024 Approvrd by er of the tK)ard of twstees on.... Lxand *gncd on its behalf by: r/ MrGJ Page 10
Independent Exmlner'$ Report to tbt Trtel of South E8St And Centrl Essex Mind Lirnited (Registered number: 07597188) llldependent ex8mi4¢r'$ rert to the trusthes of So•th E•s¢ C¢ntraJ E$s¢x Mind Limited Ctbe Conjpany.) I rq)ort io the charity on my examin*ion of the acc4)urtts of ihe cpanY forthe year ended 31A March 2024. Respon5ibilitie5 8nd b45is of report As the charity's trustecs ofthc Company {and also its directors for the purposas of company law) you arc respon5Lblc for the preparation of the accounts in accordance with ihe rquirements of the Companie5 Act 2006 {'thc Act.). Having satisfied myself that the accounts of the Company we noi required io be audited und¢r Pan 16 of the 2(K)6 Aa and are eligible for independeni exaTninaiion. I rep(81 in rtspe¢¢ of my examination of your chatity's accounts as carried out under Section 145 of the Charities Act 2011 Cthe 2011 Act,). In carrying out my examination I have followed the Direction5 given by thc Charity Commission under Section 145(5) (b) of the 2011 Act. Indep¢DdeDt examiner's st8ttment Since your chariry's gross in¢ome eK¢eeded £250,(KX) y(wr examiner muu be a member of a liaed body. l Can ¢onfirni thal l am qulfIed to undenake the examinalion because I am a member of the InsritULe of Chartered Accwntanis in England artd Wales. whi¢h is one of the list ih)dies. I haye Completed my examination. I confirn ihat matters have come io my atteniion in conn4Xtion with the examination giwng me Cause to believe: accountÉn8 rtciwds were not kept in respect of the Company requirthl by Sl0Th 386 of the 2006 Aci or the accounts do not accord with those records. or the aecounts do not eomply with the accountLn8 reqUirents of Scction 396 of the 2(Y)6 Act other than any requirement that the accounts give a true and fair vitw which is t1 a matter considered as part of an I[ePendent examination,. or the accounts have not been prepared kn aCd with the meth(MLs and PTinciple5 of the Statement of Recommended Praaice for a¢¢oun¢ing and ffponing by Charities {applic4ble to charities preparing ih¢ir a¢u15 In a¢¢ordance ¥[h the Financial Reponing Srandard applicable in the UK and Republic of Irelond IFRS 102)). J have no concerns and have come acTOSS no ¢xher mattas in ¢onne¢thon with the examinaiion ¢0 which attention sh(Id be drawn Jn this report in cthr ¢0 enable a pwoper undetsthndirtg of ihe a¢wints to bt reached. Adam Hubbard BA(Hons) FCA The Institute of alartcred Accountants in England and Wa]c5 Azets Audit Services Chartered Accountant5 7-8 Brirannia Business Park Comet Way Southend on Sc& Essex SS2 6GE Pag¢ll
SOUTH EAST AND CENTRAL LSSEX MIND LIMrrED Statemeni of Fln4ndal Activities for the yev eDded 31st 2024 2024 Totxl Iwids 2023 Total funds Unrttstrided R&stricted fund fund ' INCOME AND ENDOWMENfs FROM Donations and legaci 111,007 122.768 Other trading xtivities Inve51rncnt income 330292 637 411 J19 741ffi11 637 779,531 324 Total 411 EXTENDITURE OIY Raising funds 91459 98,459 55.081 Cb8ritable activitie5 Supported Housing Counselling Mental Health Trrining Commissioning 397,1)31 397.031 10.073 17.851 413 15 1$ 358,606 13,013 25,566 397 528 17.851 413 Tot*l 523 414 413 849.794 NET INCOMEJ(EXPEL¥DmJRE) (81,478) (1,996) (83,474) 52,829 RECONCILIATION OF FUNDS Total funds brought forward 671,696 (A 216) 670.480 617,651 TOTAL FUNDS CARIUED FORWARD 590 18 IL12) 587 (#)6 670 480 The nota% forrn part of thtse financial statements Page 12
sovrtl EAST AND CENTRAL ESSEX MIND LIMITED (REGISTERED NUMBER- 07597188) Balaoee Sheet 315t March 2024 2024 Total funds 2023 Toui fvnds Unln£t¢d Restyicted fund fund N¢9 FIXED ASSETS Tangible asset5 12 879.138 879.138 871.376 CURRENT A&SETS Debtgrs Cash ai bank and in hand 13 47,610 137 47,61(1 137 61,246 210 562 184984 184,984 271,808 CREDITORS Amounts falling due within on¢ year 14 (80.780) (3212) (83.992 (33,230) r4ET CURRENT ASSETSIILIABILITIES) 238 578 TOTAL ASSETS LESS CiIRRENT LIABILITIES 983a42 {1212) 910,130 1,109.954 CREDITORS Amounts falling due aftermore ihan one year 15 {393.124) (393,124) (439,474) NET ASSETS 670 480 FUNDS Unrestricted fuTwls= Generdl fund Restricted funds= Restricted Funds 19 590218 671,696 TOTAL FUNDS 670.480 The charitable company is entiilrd to exemption from audit undcr Stttion 477 of the Companies Act 20(hfj for the year ended 31st Mar¢h 2024. The members have not required the company to obtain an audit of its financial #atements for thc year ended 31st Mar¢h 2024 tn accordance wilh Section 476 of the Cornpanits Act 2006. The tru¢r$ acknowledge iheir responsibilities for ensuring ihat th¢ charitable company keeps ¥¢ouniJng rwds th* comply with S#t1(s 386 and 387 of the Cornpanies Act 2(M)6 ortd prcparing financi statements whirh give a true and fair view of the state of affairs of the tharitable Company at the end of cach financial year and of its surplus or deficit for cach fjnancial year in accordance with the requirements of Sections 394 and 395 atHI which othenvtsc comply wilh the requircmcnls of the Companies Act 2006 relating to fitRncial statements, so far &s applicable to the charitable company. (b) Th¢ no$ fcKm pan of these finan¢ial swements Page 13 continued...
SOUTH EAST AND CEpmiAL ESSEX MIND LIMITED {RECISTERED NUMBER: 07597188) Balanee Shett- Ct)oiinued 31st Matth 2024 These fjrtancial statements have been prepared Jn 8ccordatKc with the provisions applicable to tharitable companies subject lo Ihe small companies regim The nanci statements were approvoj by the Board of Trustees and auihorised for issue on t . and were signed on its behalf by.. Yen- TNS The tKles form part of these financial ststements P38e 14
sourB EAST AI¥D CENTRAL ESSEX MIND LIMITED Cash Flow Sttemtnf for the ye•r ¢ndEd 31st Mrth 2024 2024 2023 Not£5 Crtsh flows from operatthg l¢tilI¢S Cash gen¢raied from operaiions Intere# paid 3,700 27,711 Net cash {u5ed inyprovided by otmting activities 31 C•sh flows from investing attivities Pur¢hase of tangible red awts InteTCSt received (9A23) 637 13,633) 324 Net c&sh used in inveing a¢iivities Ch flows from fJnanciDg #rtivitie5 Loan repaymcnt5 Lll yfdr Net cash used in financin8 actlVLties 32 36 7291 Change e$h nd esb equiv*]eDts" Ihe reportiD8 period Cash and cash equiv8lents at the begi1lg of tbe reporting period (73.188) (35,978) 2A0 Cash and ¢a$h ¢qySv•l¢Aht$ at th¢ end of the reportiDg period 137 210 562 The noles forni part of the5¢ financi ternents Page 15
sotrru EAST AND CENTRAL ESSEX MIND LIMITED Notes to the C$h Flow Statement for the year ended 31st Mrcb 2024 RECONCtLIATtON OF NET (E%PENDTfuREyINCOME TO NET CASH FU)W FROM OPERATING ACTtvrrtES 2024 2023 Net {eXpendireIne0mt for the reporti¥ period { per the StBtement of Finallel Atlivi¢ie5) Adjustments for: Depreciation charges L05s on di5P05al of fixed a4sets Interest received Inierest paid De¢reaseJ(increase) in debtors In¢Tea5eJ(d¢¢r¢ase) in credito {83,474) 52.829 749 912 (63D 35,188 13,636 37 605 (324) 23.651 (30,899) Net easb provided by op¢r*tio AIYALYSIS OF CHAIYGLS IN f4ET DEr At 1.4.23 Cash flow At 31.324 Net cash Cash at bank and in hand 211) 562 137 210 13? Debt Debts fa]ling duc within l year rkbts fa]ling due aftcr l year {2724) 439 474 (13?76) (40.900) 393 124 466 434 024 Tot 40 214) 29 650 The notes form part of these financia] &atements Page 16
SOUTH EAST AND CEiYfRAL ESSEX MIND LIMITED Notes to the FinADC1 Statements for ihe yer ended 31st Maryh 2024 AcCO[TING POLtCIES Bos1$ of preparing tbe fmncial $tx¢¢m¢Trts The fLnon¢iai statements of the chariiable ¢ompany. which is a public benef1¢ entity under FRS 102, have been prepared in a¢¢ordan¢e with the Charities SORP (FRS 102) 'A¢¢ounting and Reporting by Charilies.. Stsiement of Recommended Pn¢¢i¢e applicable to rharitics prcpaTing iheir a¢¢ounts in Kcordancc with the Financial Reportirhg Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l Jalluary 2019),. Financial Rcporting Standard 102 Tr Financial Rcporting Standard applicable in the UK and Rcpubli¢ of Ireland, and the Companies A¢t 2006. The financial ateMentS have been prepared under Ihc historical cost convention. ltscomt All ineome is recognised in the Staiement of Financial Activities oncc the charity has entitlement to the funds, it is probable that thc income will be received and the arnwnt can be measur&1 reliably. Expenditure Liabilities are recogni5ed &s expendintre as s( as Lher¢ is a lega] or ¢onstNaive obligation committing the charity to thai expenditure, Lt is pr¢)bable that a trdnsfer of economic benefiis will be required in settlernEnt and the amouni of the obligarion c4n be measured reliably. Expendiiutt is ac¢ounied for on an ac¢nJals basis and has been classified llThder headings lh aggrege a]1 c051 related to the category. Where cosis cannot be directly anributed io particular headings they have been allOted to activities on a basis consistent with th¢ us¢ of Tngible fLxed 5sets No deprttialion has been charged ot) the charity's propertiffj because in ihe opinion of lh¢ Inee$ the estimated residual valu¢ of the properties is in excess of the carying amouThis in the financial sia¢ements. Depreciatton is provided on other red assets evenly over ihe Maining perifyl of the lease if appropriate or (4herwise at 15Yo on ¢ost b&sis. TxatiOD The charity is exempt from corporatioTh tax OTh its charitable activities. Fwnd o¢¢ouDong Unresth¢ted funds can be used in a¢¢ordan¢e wilh the ¢han"tsble Obj1veS * the di%rttion of the true¢S. Rettricted funds only be used for particular reriC1 purFKJses within the cl)je¢is of th¢ charity. Rettrictions arise wheTh SFrtifJed by the donor or when fvnds are rai*1 for particular restrirted Purposes. Further explanlon of ihe nature and purpose of each OJnd is included in the notes 10 the financial swements. Pension costs And other poM-retirerneDt benefits The charitsble Cotnpany operates a defined contribution peTL%ion scheme. Contributions payable to th¢ charitable cotnpany's pensioTh sch¢m¢ are charg¢d io the Statement of Finan¢i81 Aaiviti¢5 in the period to whieh th¢y relat¢. Hire purcbue and ¢oJ4mitithttsts Renta]s paid lld operaling 1¢4ses are Charged io the Statement of Financial Activilies on a styaight lin¢ basis over the peTityJ of the lease. Page 17 eontinued...
soirrH EAST AND CENfRAL FSSEX lIND LIMITED Note$ to the Finnei] Statements- efjntitiued for tbe year ended 3151 Marth 2024 DONATIONS AND LEGACILS 2024 2023 DonatLOnS Grants 89,018 122 768 Grants reteived. included in the above. are as follows". 2024 2023 Wellbeing Gardens Lloyds- LBF Foundation M&S- The Nei8bourly FndlOTr Garfield We5ron Foundation 5,000 27.750 1,000 OTHER TRADING ACTIVITIFS 2024 2023 CTellIng Commissioning Mental health training Other incom¢ Supported housing SJ46 411 J18 14J42 6,756 394,7) 1 29,975 1,758 741611 779 531 INVEsfMENT INCOME 21124 2023 Deposll X¢OUII¢ rniere 637 324 Page 18 continu&t..
SOiryH EAST AND CENTRAL &SSEX MIND LIMITED Trloies to the Finaneil Sttemtnts- eoiititiTAed for the y¢xr ended 31st Marth 2024 Rlising dontlODS nd leycies 2024 2023 Staff costs Dirtctly eharitable 57,914 49,634 CHARITABLE ACTIVITIES COSTS Support costs15CC note 7) DiTect Totals Supported Housing Counselling Mental Health Training Commi&sioning 304JiO iO.OT3 17,851 92,ni 397,031 10,073 17,851 413 591 145 247 125 838 SUPPORT COSTS Support costs Stsff costs 103.798 33,729 28.2118 19.619 Professional ftts Light and h¢a¢ Other Costs 247 IZS Nrr INCOMEI(EXPEI¥DrruRE) Net incomeJ(expenditure) is stst after chargIn(creditIg).' 2024 2023 Depreei2tion- owned &%sets Other operdling le&fes Independent examination 749 62,529 605 61,560 Page 19 continucd...
SOi]TB EAST AND CENTRAL ESSEX MIND LIMITED Notes to ihe Stat¢Jneots- ¢fjnlinued for the ye8r ended 31$1 Marth 2024 TRUSTEES. BEMUNERATION AND BENEF There were no InWe Temunertort or other benefits for the year ended 31st March 2024 nor foT the year ended 31 March 2023. Trustees, exptD There were no trusttts exF%Dses pakd for the year thded 31st March2024 nor for the year end¢d 31si March 2023. io. STAFF COSTS 2024 2023 Wag¢5 and salaries Sla[ se¢urity costs Other nsiOn eosts 530J82 39,484 501,010 36,007 548 680 The avtrage monthly numbcr of employees during the ycar was follows: 2024 2023 Adminislration Directly charitable Fundraising 19 20 25 No ernployces rtteived emoluments in cxcess of £60.C(KI. ii. COMPARATIVES FOR THE sfATEMENf OF FINANCIAL ACnVITIES Unresiricied fid Re#ricted fund Tal funds INCOME AND ENDOWThIENtS FROM Donarions and legaci£5 122.768 122.768 Othu trading a¢ti¥iiies Investmeni Iorne 383219 324 396J12 779.53l 324 Tot1 506 902.623 EXPENDITURE ON Raising nIts 55.081 55.081 Cb#ritable adivitits Supported Housin8 Counselling Menial H&qlth Training Commissioning 350.706 13,013 25.566 358.606 13,013 25,566 397.528 397.528 Page 20 continued...
SOUTH EAST AND CENTRAL ESSEX MIND LIMITED Notes to the Financial StatemeDts- continued for the ye•r ended 3A$t Mlrch 2024 ii. COMPARATIVES FOR TIIE nATEMEKf OF FINANCIAL AcfivrTIFS- tontinued Unre*n¢ied Restrieted fund fund Total fund$ Tot41 849 794 NET INCOMEJ(EXPENDrruRE) 61.945 (9,116) 52,829 RECONCILIATION OF FUNDS Totsl furKls brought forward 609.751 7,9CKJ 617,651 TOTAL FUNDS CARIUED FORWARD 671696 670 480 12. TANGIBLE FtXED ASSETS Fixtures Freehold pr(yerty tong leasehold Plani atkd machinery fittings Totals COST Ai 1st April 2023 Additions Disposa15 95J15 7,975 773.033 44&147 3h33 1,448 lJ18,128 9,423 AI 31M March 2024 103 DEPRECIATION At 1st April 2023 Charge for year Eliminated on disposal 446,147 605 749 44A752 749 14 At 31st March 2024 447 446 147 09 56 NET BOOK VALUE At 31st MaTch 2024 103 At 31st March 2023 871376 Propety has been recognised at a total undepreciated coll of £876.323. Thc5e properties were fomally valued in June 2017 and their open tnarket value &8sessed as £1.063.51M). There h&5 been Tho subsequent valuation. Pa8e21 continued...
soirrH EAsf Af4D CENTRAL E&SEX MIND LIMITED 14otes to the Finan¢il Siaiemtnts- eotstimued for the year eDded 315t Mrch 2024 13. DEBTORS: AMouNfs FALLING DUE WITHIN ONE YEAR 2024 2023 Trade debtors Prepaymen¢s and 8ru¢d incom¢ 47.924 974 14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 2024 2023 Bank loans and overdrafts (see nor¢ 16) Trade creditors Other ¢r¢diiors ArUa]S and deferred income 40,900 211,614 17265 27.524 2,269 937 Is. CREDrroRS: AMOUrTs FALUNG DUE AFfER MORE TBAN OIYE YEAR 21124 2023 Bank loan5 (see note 16) 393 124 439 474 16. LOANS An analysi5 Qf the tnaturity of loans is given below: 2024 2023 Amounts falling due within-one year on thmand:- Bank loans Amounts falling between one and two years: Bank loans- 1-2 years Atnounts falling due bctwccn Iwo and five years." Bank loans- 2-5 ytrdrs 105 Jlo Amounts falling due in more than five years= Repayabl¢ by instalments-. Bank loans more 5 yr by instal I929 304,555 Page 22 continutst..
SOUTH EAST AND CENfRAL ESSEX MIND LIMITED Notes to the Financi#l St#tements- ttIDtinued for the ye*r ended 31st March 2024 17. LEASING AGREEMENTS Minimum lease paymenrs under t)on-¢ancellable 14)enting leases fall due a5 follows: 2024 2023 WithiTh one year Between one and five years 28,8(Kl 63.800 114200 18. SECURED DEBTS The following secured debts are includthl within ¢rt4Jitors.' 2024 2023 Bank loans In support of the charity's loans. the ¢Irity's bankers hold firs1 legal charges over the Properties to which they rela 19. MOVEMENT IN FUNDS Net movement in funds At 1.4.23 31.3.24 Unre5tri¢ted tllnd5 General fund 671,696 (81,478) 590,218 Restrirted fllnds R¢strici¢d Funds {lJ96) (3212) TOTAL FUNDS Net movement in fund4 included in the alM)ve are &% follows.. Incoming resourc¢5 Resource5 expended Movemer¢l in funds Unres¢rit¢ed fund5 General fund 441936 ($23,414 {81,478) Regtricted fllDds Restricted Funds 411 J19 (413Jl (1,996J TOTAL FUNDS 853 Pag¢ 23 continu...
Sotrru EAST AND CENTRAL ESSEX MIND LIMITED Notes to tbt Finlrttial St4temet$- eonthjued for the year ended 31st March 2024 19. MOVEMENT IN FUNDS- toNlin•ed CDn)p•rAtives for movement in fumds movement in funds At 31.3.23 Ai 1.4.22 UreStriCted funds Genval futKI 609,751 61,945 671,696 Re5trlc¢ed funds Rcstri¢i¢d Funds 7,9 19,116) (1,216) TOTAL FUNDS 670 480 Comparative net movement in fund& irKludeJ in ihe above awe as follows: Jrtcoming Resources Movement expended in fund5 Unresiri¢ted funds G¢neral fund 506311 (444,366) 61.945 R¢$tricted fuDds Restricted Funds 396.312 (405.428) (9.116) TOTAL FUNDS A eurwhr year 12 months and prior year 12 mcLths combined position is a5 follow5.. Net movem¢nt in funds At 31.3.24 At 1.4.22 Uwestrieted funds G¢neral fund 609,751 {19533) 590.218 Restricted fuDds Restricted Funds 7.900 (3,212) TOTAL FUNDS 617651 Page 24 ntinued...
sourH EAST AND CENTRAL ESSEX MIND LIMITED Noies to the Finlttelai St•¢emenis- cOthi¢d for the ye8r eDded 31st Marcb 2024 19. MOVEMENT IN FUNDS- eoDtiued A curreni year 12 months and prior year 12 months combined nct rnovernent in fu[s, included in thr above are as follows". [Jrning Resources resources expethded Movement in fiinds Unre$tri¢t¢d funds Genera] fund 948247 (967,780) (19,533) Restricted funds Rtstricted Funds 807.631 (818.743) TOTAL FUNDS 1755 878 (1786523 20. RELATED PARTY DISCLOSURFS During th¢ year ended 31 March 2024 the ¢haritys total r¢mun¢ration to key management personnel amount¢d tr) £47,51X> (2023.. £41,000}. On th¢ payment of an annual levy to National Mind the charity will rcmain affiliated and can participalt in thc affairs of Nationa] Mind to such a degree and through such representation thai may k detemiined by ihis charity and the National Mind. The charity is guided by ix)th local and naiional policy and strategy where this is Ctsmplementary to our objectives. EqUlY we will participate in joint working wilh oiher national and local organisations, such as Nationa] Min4 in the efftttive purnjit of (wji objeciives. During the year the charity received aCCting servitts from Barr0 a fim) in which one of the Trusiees. Mr G J Raven, is able to exei¢ise signifi¢ influen¢e aM(nI]rtg to £13J02 (2023." £14,172). It is thought lh the fair va]ue of such tran5actLOn5 wcrc ihey undcrtakcn by an indcpcndcnl third.party would be baween £18,1)00 (2023..£20,0(K)) and £19,0(X) (2O23..£21.()).. There were no other related party tran5Xtions forthe year (2023.. £nil). 21. PENSION COMM[l[s The charity operates a defin&J nint[lOn pension in respea of its employees. Durin8 the year contribution5 to the scheme amtyjnted to £13.609 (2023: 11.663) aTKI there were liabiliiies outsianding at thc Balance Shttt date iotalling £3,829 (2023= £2.680). Page 25