REGISTERED COMPANY NUMBEK. 07292188 (England •nd W4les) REGISTERED CIIARITY NUMBER: J 149869 naudited Financial Staiements for the Year Ended 31 March 2023 Multilin I Weubein SetViC¢5 niiii 1111 •ACHZYBC8" 0811212023 ¢(PANIEs HOUSE A15
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Faiz & Co. Limited Chartered A¢countants 8B Accommtion Road London NWI 18ED
Multilin al Wellbein Servtces ontents of the Financial Stst¢m¢n for the Year Ended 31 March 2 23 Page Report of the Trustees I to 4 Independent Examinerfs Report Statement of Financial Adivilies Balance Sheei Not¢5 to the Financial Statem¢nts 9 to 16
Multilin ual Wellbein Services ort of the Trustees for the Year Ended 31 March 2023 The Trustees present their annual report and accounts for the year ended 31 March 2023. The board of trustees are satisfied with the perfonnance of the charity duTing the year and the position at 31 March 2023 and consideT that the charity is in a Strong position to continue its activities during the coming year and thal the charity's assets are adequate to fulfil its oblxgations. REFERENCE AND ADMINISTRATIVE DETAILS Registered Compydny number 07292188 (England and Wales) Registered Charfty number 1149869 Registered Infornyation and Advice Centre EdgwaTe Community Hospitsl Burnt Oak Broadway Mlddlesex London HA8 OAD Truste¢$ (ea¢h representlng one of th¢ two partner organlsatlons of MWS) L C- L Lee- Meridian Wellbeing (forn)erly Cbinese Mental Health Associalion) F Radfar- Farsophone Association in Britain All TTUStees are also directors of the Company. Independent examiner Faiz & Co. Limited Chartered Accountsnts 8B Accommodation Road London NWII 8ED Legal Advisers: Russell-cooke LLP 8 Bedford Row London WCIR4BX Bankers: Unity Twst Bank PLC Nine Brindley Place Birmingham Bl 2HB Page I
Multilin al We116ein Servtces f the TTUStee nded 31 March 2023 for STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document MultiliDgual Wellbeing Service is a company limited by guarantee governed by its Memorandrn and Articles of Association dated 22 June 2010. It is registered as a charity with the Charity Commission. Anyone over the age of16 Can be¢ a MeMr of the company and there ar¢ ¢urr¢ntly 2 each of whom agrees to ¢ontribut¢ £1.00 in the event of the charity winding up. Appointin¢DI of trustees The board of Trustees (also known as the Managemeni Commitlee) is elected annually at the AGM. The Company may appoint by ordinary resolution a member who is willing to act to be a director. Any member seekn'ng election as a director must give the Company a notice Dot less than 14 not more than35 clear days before the meeting. In a¢cordaDce wtth the Articles of Association. all members of the Management Committee for the time being shall retire from office at the AGM, but are eligible to stand for revelection. Risk managemtnt The trustee5 have a duty to identify and review th¢ risks to which the charity is exposed and to ensure appropriate controls arc in place to provide rc&sonabl¢ assurdnce against fraud and error. Indemnity insurance The charity has insur¢d against Ios5 arising from the neglect or default of any of the Management Committee MembeTS. Insurance. against the possibility of claims, arising during the course of assistance provided by its workers, is theady in place and is also wnlinuing. OBJECTIVES AND ACTIVITIES Objectives and aims MWS was established in June 2010 and its main objective remains to improve and mainlain the emotional wellbeing of BAMER (Black and Asian Minority Ethnic and Refvgee) Communities in and around Barnet as well as enabling communities to explore, use and share existing culturdl techniques to deal with mental healih issues. This has been achieved through workshops. training. networking events and through mother tongue counselling as well as our extensive service through the TALKING THERAPIES project (see below) in this reportlDg period. ACHIEVEMENT AND PERFORMA]¥CE Charitable a<tivitles We are pleased to have emerged from the pandemic stronger than ever as a partnership. We are proud to have reopened our buildings. door5 to staff. prdCtitioneTS. volunteers and service use, and welcoming them back to the spaces thai the community we serve have been depending on for their mentsl health and wellbeing needs. Looking back, we are proud to have taken the opportunity to establish an extensive and seamless hybrid model of workn'ng which now offers our service users a wide range of oplions to access our s¢rvices. This has put us in good stead as a service provider as we are able to adapt to any challenging Situations in our line of work be it from the environment or driven by clients OT commissioners. This year has seen a surge in demand for mental health services and talking therapie5. Coupled with this. the request for face-to-face appointments hav¢ risen lo almost near pandemic levels. We have continued to work closely with BarneL Enfield and Haringey (BEH) Menthl Health NHS TTUSt and our commissioner at the Ban)et Talking Therapies to ensure that the service Temain5 to offer a high quality of Service and it Continues to run seamlessly as one Se1¢c. Thanks to a team of kn'gbly experienced and diligent staff, we were able to rise lo the challenge and fulfil our CODtractual targets across all services notwithstanding the adverse pressures. Page 2
I Wellbein Services ort of the Trustees for the Year Ended 31 March 2023 Over the course of the year, we have delivered NICE Compliant clitiical intervention to 2.225 clients whieh omprised 387 cas¢s in Triages. 246 Step 2 Guided Self-Help, 141 cases in Step 3 counselling and CBT, and 1,451 people accessing psycho-education wellbeing Workshops. We have once again exceeded all our contractual targets, particularly Step 3 by 180/0 and Triages by 80/0. The introduction of Step 3 CB T service5 has enabled us to support our Trusi colleagues and work closely with them to reduce the increasing waiting list. These achievements show ihe staff team's ability and resilience to adapt to chamges quickly. Even with th¢ challenging backdrop. we were able to continue delivering a high-quality service with over 50¢/0 of our clients achieving recovery. The Bamet Talking Therapies service provide5 short terni psychological therapies to help and support people in Barnel who are suffering with stress. low mood, anxiety and other mild to modcrdte p5y¢hological ill- health. Many of the trealments arc based on talking therapies that help people r¢gain their wellbeing ID ways thai work best for them. MWS continues to work Closely and iirelessly with the core Talking Therapies service in Barnet and BEH Mental Health NHS Tr81 to improve access to mentsl health services for the BAMER communities in Barnet. The work of MWS has undoubtedly improved the overall health and wellbeing of people from the BAMER population and raised their awareness of NHS and statutory services rnore than they would have otherwise considered or had the ability to access.
Muliilin ual Wellbein ervices. R¢ ort of the Truslce5 for the Year Ended Imh7 FINANCIAL REVIEW Reserves policy It is the policy of MWS lo aim for reserves covering at leasi 3 monihs expenditure of the charity excluding the expenditure relating to thc TALKfNG THERAPIES contract which is covered by and cotemiinous with, the TALKtNG THEiiAPIES con1rt income. The TALKING THERAPIES expenditure lakes the form of two monihly bills from iwo partner organisations M'hich provide the service. If and when the TALKING THERAPIES contrdct ends, these bills will cease tIM). So any associated risk is taken by the paitner organisations. Ovr non-TALKtNG THERAPIES expenditure is not expected to exceed £20,000 in the foreseeable fvture. Therefore unrestricted reserve$ equivalent to three months expenditure (£5,000) shall be aimed for. Fin'ancial Position The Staiemcnr of Finl& n¢ial Activities show Incoming Resoutces for rhe year of £3,081 (2022.. £2.818) giving an D¢cumulated net fund of £17,123 (2022.. £14,042) which includes unrestrictcd hjnds of £16 429 (2022.. £1.3,117) and endowm¢nt fwid5"Ot'£694 (2022.. £925). Th¢ rfOrmanc( by th¢ rharity during th¢ y¢gr is consid¢r¢d io h8VC been satisfaclory. FUTURE DEVELOPMENTS Plans for future periods The charity play)s To conlinue the objectives outlined above in the forthcoming years subject to satisfactory funding anmngements. We would like lo end the report by giving a big thank you to boih our pamer organisations, their rnjstees, staff. associates and volunteers for their unwavering support and true spirit of partneTship, and for their lireless efforts which made last a success. This report has been prepaied in accordance with tlie special.provisions of Part 15 of the Companies Act 2006 Telating lo small companies. Approved by order of the board of trustee5 ou l December 2023 and signed on its behalf by.. F Radfar- .Pag¢ 4
Inde endent Examiner'5 R rt to the Tntstee Muliilin in Servic Independent examiner's report to the trustees of Multilingual Wtllbe5ng Servlees ('the Comp#ny') I report to the ¢hariry kntees on my examination of th¢ accounts of the Company fos the year end¢d 31 March 2023. ResponslbllltSe$ 4nd b)i$ls of report As the charity's ISte¢S of tb¢ Company (and a150 its diredors for th¢ purposes of ¢ompany law) you are responsible for the Preparatson of the a¢counts in accordance with the requirements of the Compani¢s Act 2(X)6 Cth¢ 2(M)6 Act,). Having satisfi¢d myself that the accounts of the Company ar¢ not requir¢d to be audited under Part 16 of the 2006 Act and are eligibl¢ for independent examination, I rew)rt in respect of my examination of your chartty's ounts as rarri¢d out under spxtion 145 of th¢ Charities Act 2011 ('the 2011 Act). In canying out my ex8minalion I have followed the Directions given by the ChaTity Commission Under section 145(5) Ib) of the 2011 Act. Independen¢ exmirter'$ statement Since your charity's gross in¢ome exc¢¢d¢d £250.(XK) yi)ur examiner must be a member of a listed body. I can confirtn that J atn qualfftfied to undertake ihe examinalion because J am a regist¢Ted member of Institute of Chartered Accountancy in EDgland & Wales wkn.ch is one of th¢ lisd bodi¢s. I have ¢ompl¢t¢d Tny examination. I confirni ihat no matters have come to my attention in connection with ihe ¢xamination giving m¢ ¢auK io believ¢.. accounling records weTe kept in r¢sp¢ct of th¢ comnY as ]tqUiT¢d by Stion 386 of the 2006 Act. OT the accowits do tt a¢cord with those rttords: or the a¢counts do not CQTnply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a trne and fair view whi¢h is not a matt¢r consid¢red as part of an independenl examination,. OT the accounts have not b¢¢n prepor¢d in accordan¢e with the methods and principles of the Statemenl of Recommended Pra¢ti¢e for accounting and r¢porting by charitie5 (applicable to charities preparing their o¢¢ounts ID accordance with the Financial Reporting Standard applicable ID the UK and Republi¢ of Ireland (FRS 102)>. I have no concerns and have come acros5 no other matters in conne¢tion with the examillation to wbich att¢ntion should be drawn in this report in orderto ¢Dable a proper understanding of the accounts to b¢ T¢a¢hed. Beh7ad Faiz Mahdavi Institute of Chartercd AccountaD¢y in England & Wales Fai2 & Co. Limited Charter¢d Accowitattts 8B Accommodation Road lJ)ndon NWI 18ED Date.. g1/1z /zoz? Page 5
Multilin al Wellbein ervices Statement of Financial Activilies for Year Ended l March 2023 3113123 Total fund$ 3113122 Total UDTestricted Restri¢ted EDdowmeDt fun fund nd Noi¢s INCOME AND ENDOWMENTS FROM CharStable aclfvlties Barnet TALKJNG THERAPIES S¢Tvice Barnet Healthwatch 276,92 276.9211 276,920 800 8(K) Other income 14 Tot 291.183 291983 290,553 EXPENDITURE ON Charitable actlvlties Barnet TALKING THERAPIES Seryice 271350 27125D 271,250 16.621 800 17,421 16.176 other resources expended Other 231 309 Total 287.871 288,902 287.735 NET INCOMEIIEXPENDITURE 3J12 {231) 3,081 2,818 RECONCILIATION OF Total funds brought fonvard TOTAL FUNDS CARRIED FORWARD The notes forni part of thes¢ finan¢ial statements Pag¢ ti
Multilin al Wellbein Balan¢e Sheet 31 March 2023 Servi¢es 3113123 Total funds 3113122 Tothl funds Unrestrictrd Restricted Endowment funds fimd FIXED A&SETS Tangibl¢ 455e15 io 694 925 CURRENT ASSETS Debtor5 Cash ai bank li 5,477 5,477 6.284 40903 40.903 37,497 CREDITORS Amounts falling due within one year 12 (24,474) (24.474) {24.380) NET CURRENT ASSETS IQ429 16.429 13,117 TOTAL ASSETS LESS CiiRRENT LIABILITIES 16,429 694 17,123 14.042 NET ASSETSI{LIABILITIES) FUNDS Unrestricted fvnds Endowment funds 13 16,429 694 13.117 925 TOTAL FUNDS The charitable company is entitled exemption from audit under Section 477 of th¢ Companies A¢1 21YJ6 for Ihe year endcd 31 March 2023. The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Aci 2006. The iTUStees acknowledge theiT resp)nsibilities for (a) ensuring that the charitable company keeps #¢¢ounting IOrdS that comply with Sections 386 and 387 of the Comparties Act 26 and (b) PTeparing financial ateMentS whicb 've a true and fair view of the state of affairs of the charitable company as at the c1 of each financial year and of its SUluS or deficit foT each financial y¢PT in accordance wilh the requiremenis of Se¢tions 394 and 395 and which oth¢rwise ¢omply wilh the r¢quir¢m¢nts of thc Compani¢s A¢t 2(X)6 felatitig to financial stalcments. so far as applicable io the chaTitsble company. The notes fomi part of these financia] tht¢m¢nts Pa¥e 7 ontinued...
Multilin ual W.cllbcin SeTVi¢CS 'Balance Sheet - contirtu l March 2023 Thes¢ financial statemcnis havc b¢¢n prepgr¢d in4ccordance.wiih the provisions applic4ble.lo charitablè. companics subject to the small companies regim¢. The financial 51atem¢nts were approved by ihe BcArd ofl nLsltts and authorised for.iSbue on l December 2023 and wcrc signcd on its bchalf by.. FRadfar- T
Multilin al Wellbein Services Notes io the Financial Statements for the Year Ended 31 March 2023 ACCOUIYTINC POLICIES Bsls of preparlng the finan¢lg1 stslejnents Th¢ financial statements of the charitsble wmpany. which is a publi¢ knefjt ¢nttty under FRS 102, h8v¢ been prepared in accordance wilh th¢ Charities SORP (FRS 102) 'A¢counting and Reportiug by Charities.. Stai¢ment of Recommcnd¢d Practi¢e applicable io charities preparing their accounts in accordan¢¢ with the Finaticial Reporting Stsndard applicable in the UK and Republic of Ireland (FRS 102) (effective l 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 slal¢m¢nts have bcen prepared under the historical cos1 convention. Income All income 15 r¢coEnised in the Siatem¢nt of FiDaDcial A¢tiviti¢s on¢¢ the charity has entitlement to the funds, it is probable that the income will be re¢eived a1 the amount ¢an be rneUTed reliably. Expenditure Liabilities are recognised as expendTDJre as soon Is ihere is a legal orconstructive obligation committing the charity to that ¢xpendinwe, it is probable that a transf¢r of economic benefit5 will bc r¢quired in settlcm¢nt and the amount of the obliwation can be measured reliably. Expenditure is accounted for on aecrna15 basts and has E¢cn ¢lassifJed WLd¢r h¢ath"ngs that 74ggrcgai¢ all rosi relatrd to the category. Where costs ¢annot be directly attributed io particular headings they havc been a]Iated to activiti¢s on a basis consistent with the use of resources. Tangible fixed ssets D¢pr¢¢iation is provided at th¢ following annual rates in order to writ¢ off each *t OV¢T its cstimaied us¢ful life. Plant and Machinery 25ty/• reducing balance Taxltlon Th¢ chaTity is ¢x¢mpt from corporation tsx on its charitybl¢ activiti¢s. Fund a¢¢ounting Ut)restricted ndS can be used in a¢cordance WAth ibe clwitable objectives at the discretion of the stees. R¢5tri¢ted funds can only be used for paTticul4r Te5trict¢d purpos¢s within th¢ objects of the charity. Rcstri¢tion5 arise when 5p¢rified by th¢ donoror wh¢n fillids are raised forparticularrestricted PUTposes. Further explanalion of the nature and PUTFW of each fimd is included in tk noies to the financial ststetnents. Pension costs and other post-retfjrtment benefits The charitable company makes rontributions lo stsffs ]JKlividual p¢nsion poli¢i¢s. Contributs'ons payable are charg¢d ¢0 the Statement of Financi#l A¢iiviti¢s in th¢ peTiod io which they relate. Page 9 continued...
Multilin al Wellbein rvi Notes to the Financial Statements - continued for the Year Ended 31 March 2023 OTHER INCOME 311312J 3113122 Other iDcome- contributions to cost by pwtner5 INCOME FROM CHARITABLE AcfiviTIES 3113ll3 3113122 Activity Barn¢t TALKfNG THERAPIES SeTvice Barnet Healthwatch Contrncts Grants 276,920 800 276,920 81NI CIL41UTABLE ACTJVITJES COSTS Support cost5 (see note 5) Direct Costs Totsls Bam¢1 TALKJNG THERAPJES Strvi¢¢ 271.250 271,250 other resources expended Page 10 continued...
Multilin al Wellbein Services Notes t the Financial Statements - continue for lh¢ Year Ended 31 March 2023 SUPPORT COSTS Managwnent Finance Other Totsls Depreciation 231 231 other r¢SOur exp¢nded 508 NET INCOMEI(EXPENDITURE) Net incomel(expenditure) is Stat aft¢T ehargingj(crediting): 3113123 3113122 D¢pr¢¢iation- own¢d wets TRUSTEES, REMUNERATION AND BENEFTTS Th¢r¢ wer¢ no trJ5t¢¢s' remutt¢ration or other benefits for th¢ year eryAed 31 Marcb 2023 nor for the year ended 31 March 2022. Trustees, expenses During the year there was no experLse to the treS (2022: £NIL). STAFF COSTS 31103123 31103122 Wages and salaries Pensions 14,051 234 14285 12.9 13,100 Th¢ average monthly number of employees during the year was as follows.. 3 Im3123 31103122 No employees received emoluments in exc¢ss of£60.0. Pagejl continued...
Multilin I Wellbein Services Notes to the Financial Statements- contit for the Year Ended 31 March 2023 COMPARATIVES FOR THE STATEMENT OF FINANCIAL AcfiviTIES (for the year to 31 March 21122) Unrestricted Restricted Endowment nds fund nd Totsl funds IIYCOME AND ENDOWME FROM Ch¥ritable a¢tivities Barnet TALKING THERAPIES Service Bamet Healthwatch 276.920 276.920 800 8CN) Other income 12 Total 289.753 800 290.553 EXPENDITURE ON Charltable activfitfies Barn¢1 TALKfNG THERAPIES SeTvice 271.250 271,250 other Tesouces expended 15.376 800 16.176 Other 309 309 Totsl 286.626 8(Kl 309 287,735 NET INCOMEI(EXPENDITURE) 3.127 (309) 2,818 RECONCILIATION OF FUNDS Total funds brought forward 9,990 .234 11.224 TOTAL FUNDS CARRIED FORWARD Pag¢ 12 ¢ontinued...
I Wellbein ervices Notes t the Financial Statements - continued for the Year Ended 31 March 2023 10. TANGIBLE FIXED ASSETS Computer equipment COST At l April 2022 aTMJ 31 Mar¢h 2023 216 DEPRECL4TION At l April 2022 Charge for yeaT 6,291 231 At 31 March 2023 NET BOOK VALUE At J l March 2023 At 31 March 2022 11. DEBTORS: AMOUNfs FALLING DUE WITHIN ONE YEAR 3113123 3113122 OtheT dcbtors 5.477 6.284 12. CREDITORS: AMOUNTS FALLING DUE wmllN ONE YEAR 3113123 3113122 Trad¢ creditOTS Social security and other taxes Pension A¢crned expenses 22,604 22,603 (23) 70 13. MOVEMENT IN FUNDS Net movement in funds At 31.3.23 At 1.4.22 Unrestri¢t¢d fuwls General fund 13,117 3J12 16,429 EndowMeÉ funds Grant for IT F4uipmeni- CW Foundation 925 (231) 694 TOTAL FUNDS Page 13 continued...
Mulrrlin al Wellbein Services N ies to the FinwKial Stsremenis- for the Year ar¢h 2023 13. MOVEMENT IN FUNDS- cont1ed Net movement in funds. included in the above are 8s follows (for iheyehr to 31 March 2023)". IDcoming Resources ¢xpenthd Moveme1 in funds UnTUtrirted fund5 General fund 291.18J {287.871) 3J12 Restricted funds Restricted 8IMI {800) Endowme1 funds Grdni for IT Equipnwit- CW Foundation (231) (231) TOTAL FUNDS Compwr*tlve$ lor moveffteot in funds Net movement in fidS At 3 1.3.22 At 1.4.21 Unr¢stric¢td fund5 General fund 3,127 13,117 Endowment fund5 Grant for IT Equiprnent- CW Foundaiion .234 {309) 925 TOTAL Fuf4DS 14,042