NEW HORIZONS MENTAL HEALTH Pations, 6Gyd Clack & Delia Powell New Horizons Mental Health -CIO Annual Impact Report and Financial Statement 1st April 2024 31th March 2025 problems through challenging discrimination by means of education. outreach li New Horizons Mental Health Annual Re ort 2024- 2025 INDEX Item Le al & administrative information Chair's Re ort staffin Patrons Trustees, Re ort Aims, ob'gctives & activities Summa of achievements Thank ou- fundraisin in the comrnunit Summa of Trnstees res onsibilities Volunteers- Thank ou Acknowled ements for fundin 10-30 31 32 33 34 Enclosure Independently examined accounts for the financial year ending 318t March 2025 LEGAL & ADMINISTRATIVE INFORMATION New Horizons Mental Health is a registered CIO (Charitable Incorporated Organization). The charity commission number is: 1153115 The registered office 16A Dean Street, Aberdare, RCT CF44 7BN Telephone number: 01685 881113 E-mail: newhorizons2001 btconnect.com www.newhorizons-mentalhealth.or www.mentalhealthsu ort.co.uk Governing document: Constitution dated 1-10-2013 Governing Body: Management Committee elected in accordance with the constitution Trustees during the period April 2024 - March 2025 Phil Gillard (Chair) Nigel Bennett (Vice Chair) Natalie Griffiths Brian Mitchell Kath Jones (resigned November 2024) Karl Coomansingh Marcus Longley leuan Riggs Bankers: Independent Examiner: Richard Knoyle ACA FCCA Baker Knoyle Accountancy Ltd Orbit Business Centre Rhydycar Business Park Merthyr Tydfil The Cooperative Bank PO Box 101 1 BalSoon Street Manchester M60 4EP 202415 Chair's report- Phil Gillard Hello and welcome to our Annual Report 202415. During the year New Horizons continued to successfully offer a wide range of courses as part of the Cwm Taf Morgannwg Recovery College across Bridgend, RCT and Merthyr both on line and face to face. We were pleased that there were 318 enrolment forms received and 114 students received accreditations. We also continued to offer the on-line Stress Management course that can be accessed 2417. It was great to hear feedback from students including one student stating that "On my first visit I felt ill, talking things through with tutors and other students has made an amazing difference over the six weeks" New Horizons also continued to offer a range of peer support groups (including Self Harm, a peer support group for men and the Befriending group) and soft skills groups including art & craft, Creative Writingloral History and the walking group. We were also pleased in January 2025 to launch the Oral History publication as produced by students from the Creative Writing Course and funded by the Heritage Lottery. 202412025 also saw the Digital, Information & Signposting and Diversity & Inclusion projects continue- funded through the National Lottery grant. During the twelve month period we received 465 enquiries for Information & Signposting. During the year New Horizons was pleased to learn that the new VR mindfulness and Stress Control project was accepted as a national Bevan Commission Bevan Exemplar project and will be showcased at the Senedd in early 2026. The Management Committee were pleased that a number of funding bids submitted by the Director, Deputy Director and Business Development officer were successful- including funding being confirmed from Penycymoedd wind farm for the VR project 2025-26. This has helped us move nearer to our goal of diversifying our funding streams, although we remain very thankful for the support of Cwm Taf Morgannwg University Health Board for renewing the SLA . We thank all those who have done fund-raising as well on behalf of New Horizons through this review period. Trustees continue to appreciate the continued support of Lloyds Bank Foundation. Especially the support received from their Volunteer Reach Programme to recruit new Trustees We are excited about the future and the celebration in 2025 of the 10 year anniversary of New Horizons delivering the CTM Recovery College. Phil Gillard, Chair 2nd December 2025 staffin Aprll 2024- March 2025 Janet Whiteman Director Tracy Thomas Deputy Director Carly Griffiths Admin & Monitoring & Evaluation Officer Steve Curry Business Development Officer Iconsultant Debra Winstanley Information & Signposting Officer Dean Clements Digital Officerlmen's project coordinator Helen Hughes Activity Coordinator (resigned January 2025) Ashleigh Jones Cultural Diversity & Inclusion Officer (July 2024) New Horizons, Patrons Ongoing thanks go to New Horizons. Patron Boyd Clack actor and writer (and his partner Kirsten Jones) and our founder member Delia Powell for their ongoing support. Quote from Boyd Clack -"1 am proud to have been associated with New Horizons over the years and by appearing at various events, functions. fundraising and saying a few words we hope that this helps to bring further attention and increase charity funds. This in turn enables the continuation of the good work the charity brings to many, that transforms suffering into joy and increases confidence. self worth and self esteem to those that seek T•a & Cd1•• Delia and the High Sheriff cutting the cake for the charity's 30th anniversary event uote rom ia owe ffl was over the moon to have been asked to be a Patron for New Horizonsl l am so happy to see the vision that we had 30 years ago for mental health services in the valleys for all age gmups - in particular for young people• Still alive with a great Trustees, re ort The Trustees present their annual report and the financial statements for the year ended 3181 March 2025 The trustees who served during the period were- Trustees during the period April 2024- March 2025 Phil Gillard (Chair) Nigel Bennett (Vice Chair) Natalie Griffiths Brian Mitchell Kath Jones (resigned Nov 2024) Karl Coomansingh Marcus Longley leuan Riggs Trustees, responsibility for the financial statements Charity law requires the trustees to prepare financial statements for each financial year which give a fair and true view of the state of affairs of the charity and of the surplus or deficit of the charity for that period. In preparing those financial statements the trustees are required to: Select suitable accounting policies and apply them consistently Make adjustments and estimates that are reasonable and prudent Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue to operate The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charity, They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention of fraud and other irregularities. Recruitment and appolntment of new trustees Due to the diversity of the charity an effort is made to maintain a broad skill mix of trustees. In the event of skills being lost due to retirement, suitable individuals are approached to offer themselves for election to the Board. To enhance the scope of recruitment for key positions the charity will also recruit through open advertisement. AIMS, OBJECTIVES & ACTIVITIES Mission Statement "New Horizons projects the positive image of people suffering mental health problems through challenging discrimination by means of education, outreach wort, infom7ation and support seNices". Constitutional Objective To promote mental health and assist people with mental health problems by providing support and information. The charity will operate in the area of Cwm Taf Morgannwg or elsewhe￿ for the benefit of persons who are ordinarily resident in this area". During 2024-25 New Horizons offered a range of support services for adults experiencing mental health issues including Cwm Taf Morgannwg Recovery College - access to a range of accredited training and self development courses Self-help initiatives including peer support and befriending Soft skill development including - art & craft and creative writing Walking groups and outdoor activities Signposting to information and advice from partner agencies Opportunities to volunteer with new Horizons and partner organisations We have referred to the guidan￿ contained in the Charity Commission's general guidance on public benefit when reviewing our aims and objectives and in planning our future activities. In particular the trustees consider how planned activities will contribute to the aims and objectives they have set. For further information and opening times please telephone 01685 881113 or email info newhorizons-mentalhealth.co.uk Recovery College.. 30 courses were offered during the year including - Managing Anxiety, Anger Management and Stress Management. The courses are delivered in partnership with a number of organisations. The outcomes that students achieve from the training courses are monitored and evaluated using the Warwick- Edinburgh well-being assessment scale. A number of the courses were over- subscribed and waiting lists have been kept-thus demonstrating the demand for the courses. A 10 year ￿lebratiOn of delivering the Recovery College is planned for June 2025. Befriending & Peer Support groups.. the groups encourage social inclusion via informal 'safe space, opportunities, where individuals can come together to talk about their experiences of mental health problems and learn from each other. Infonnation & Signposting." to information and advice from a range of partner agencies Art for Well-being-a range of creative opportunities including creative writingloral History and art & craft Outdoor activitieslwalking groups-the groups encourage social inclusion and confidence building Volunteering opportunities: With New Horizons and the wider community Digital/Website- Mental Health Support Website & Directory." providing information and advice on a range of mental health and social issues whilst offering a directory of local support organisations. Evidence of need The data below shows that from April 2024- March 2025 there is an ongoing need for New Horizons, services- What did we achieve? ecovery College 30 Recovery College courses were offered 318 Enrolment fomis were received 436 Attendances on the courses 114 Learning accreditations awarded ctivities 638 Attendances for peer support nd art & craft 10 What was our im act? Recovery College-outcomes Warwick-Edinburgh well being assessment results 2024-2025 At the beginning and end of each of the courses students complete the Warwick - Edinburgh well being assessment tool. The results demonstrate for 2024-25 demonstrating the following progress Are we makin a difference / who is benefitin Objective Total otr1 Qtr2 Qtr3' Qtr4 I've been feeling optimistic about the future I've been feeling relaxed 16.670/0 14.04 /0 39.53'/. 79.460/0 I've been feeling interested in other eo le I've been dealing with problems well I've been thinking clearly I've been feeling good about self I've been feeling confident I've been interested in new things 8.700/0 27.91 % 30.19/0 15.38% 15.69% 14.49% 75.75 % 19.05% 34.00 % 21.1510 22.73Yo 8.70 % 14.29% 132.10'/0 76.74% 27.66 % 28.85'/0 19.05/0 Please note the greatest % increases are in bold 27.27 % 250/0 99.820/0 Summary The highest reported outcome for the year from the Recovery College students was "I have been feeling good about myself, An exam le of the outcomes recorded from Janua - March 2025 e. D* Service delivery Cwm Taf Morgannwg Recovery College Throughout 2024-25 New Horizons offered 30 courses to meet increased demand. Courses were offered on line and face to face and students were supported to get used to using the technology with some even being loaned devices by partner organisations to be able to participate. Courses offered included- ADHD awareness Anger Management Assertiveness Skills Confidence Building Emotional Intelligencelcoping Skills Leaming to Live your life well with Depression Managing Anxiety Mental Health & Wellbeing Resilience Skills Stress Management Not really long enough Very good tuition, friendly. on and fun I was amazing and loved the support I got a lot out of the course. and l am hopeful that what I have learned is beneficial to me going fo￿ard. Having somewhere to be and with friendly people has given me a good start to the day, a non-judgmental place Very insightful and informative. I know more now about different resources ::. and where to turn. On first visit I felt really ill. talking things thmugh with tutors and other people has made an amazing different over the six weeks Hearing other people s stories made me feel that l am not alone, I feel more confident in tackling my anxiety- Even though I had a long way to go but it helped me start. Funding was received from the Community Foundation in Wales to develop an on line Recovery College Stress Management course. The filming was undertaken involving students of the Recovery College and was installed on the New Horizons, website in summer 2022 and the outcomes are being monitored and evaluated. 12 Other projects; Pen y Cymoedd Micro grant gave us the opportunity to hold consultations in Treherbert, Maerdy and Penywaun to help gain evidence of need for New Horizons to apply to the Vision fund to expand RC innovation. Rif Dementia Fund - in partnership with Valleys Kids, Bridgend Carers and Gelli Deg Foundation - New Horizons offered wellbeing workshops for carers of those living with dementia (workshops included stresslanxiety, relaxation techniques and Gong Baths) CTM UHB - funding was granted to support adults who had recently been diagnosed or awaiting diagnosis of ADHD andlor Autism. New Horizons offered workshops and courses, this proved to be high in demand and is still generating much interest and needldemand for support. Many have struggled for years with anxiety and depression as a result of waiting assessment and little to no support. Activities Befriending zoom group A weekly on line befriending group is offered that includes a quiz and peer support. The weekly group continues to be well attended. Group% 13 Walking Group During the year there were walking groups offered in both Aberdare and Pontypridd Parks. This was a great service to help those who did not have the technology or IT equipment to access groups online with the opportunity of having face to face support in a safe environment. The majority of attendees during the year were men (75 % ) and this has helped to address the gap in services being accessed. Cuppa and Natter group An extension of our Walking group, the Cuppa and Natter sessions provided a relaxed and welcoming space for service users to engage with one another and with external organisations. The sessions helped people to build their confidence and expand their knowledge and connections. Guest speakers from various organisations has given service users valuable information and practical skills, with topics such as travel confidence, emergency first aid, and domestic abuse services covered. Soft skills Art & Craft - Arts for well-being and Creative Writing A weekly face to face art & craft group is offered in the Aberdare resource centre 14 The launch of the new Oral History project publication by members of the creative writing group (January 2025) Cwm Taf Morgannwg Self Harm support partnership project Funding was secured in 2020121 to develop a much needed support group for adults experiencing issues around Self Harm. The partnership project with Mental Health Matters, Eye to Eye and the Samaritans started in 2021 and continues as an online peer support group - longer term funding is being sought for this project. The project has offered a weekly peer support group and aC￿sS to workshops with the Samaritans and to counselling with Eye to Eye. The group is an open, confidential space where group members have felt able to speak openly about their struggles. Group members have been able to discuss techniques which have helped them, and have offered support to each other outside the group. New members quickly settled and felt able to talk in depth and at length about their situations, and would also contact staff outside the group as they had grown to trust them. 15 CWA COMMUNITY National Lotte fundin New Horizons was very pleased to be awarded three year funding from the National Lottery from August 2023 for 3 years. The Information & Signposting Project April 2024 - March 2025 Summa The Information & Signposting service was initially funded by the National Lottery Community Fund for twelve months from 2021- 2022. We were successful in securing a further three years, funding from the National Lottery, extending the project until 2026. The purpose of the project is to provide infomiation to clients, carers and other agencies enquiring about New Horizons, services, or services and support available in the wider community. To do this effectively, a second strand of the work involves developing good working links with other agencies across the sector and fostering a two-way means of client referral, to join up services to the benefit of clients. All new client enquiries receive short-term one-to-one support, with appropriate tailored client-centered signposting or referral to external services. The officer works more closely with some clients over a longer period when there is more complexity or on-going issues with a range of presenting needs. In the period April 2024 - March 2025 we have responded to 465 enquiries. Since the project's inception in mid 2021 , by the end of March 2025 we had received and responded to 1 ,776 enquiries in total. Since the project's inception in mid 2021. by the end of March 2025 we had received and responded to 1,776 enquiries in total. 2021 2022 39 38 59 46 47 36 65 30 40 37 36 18 491 2023 48 37 43 28 47 48 24 41 38 37 34 28 453 2024 56 January Feb. March April May June July August Sept. Oct. Nov. Dec. Total for Years How we involved people 57 31 41 23 56 32 38 49 54 34 466 17 20 60 41 36 42 36 259 16 We are a client-¢entred service, and it is led by the needs of clients. We have invited clients to participate in surveys to enable us to better understand their experience of using the service and to hear of any suggestions they may have for future improvement. We have worked in closer partnership with Citizens Advice. In September 2024, we started offering in-person advice sessions every Tuesday morning at our offices in Aberdare. The officer also has access to their internal secure online referral platform so that clients can be fast tracked to their service across Cwm Taff Morganwg. The officer liaises with Citizens Advice workers to ensure that specific client needs are met. There are 475 agency contacts currently on our mailing list. They regularly receive news on new courses and other new initiatives being offered by New Horizons or by other external agencies. Similarly, we feature as a contact with many external agencies and regularly receive news on services in the wider community so that we can share with clients. There is a continuous sharing of Information across the sector, to foster a joined-up approach to the benefit of clients. Differences the 'ect has made In the period April 2024 - March 2025 we have responded to 465 enquiries. sin￿ the project's inception in mid 2021, by the end of March 2025 we had received and responded to 1,776 enquiries in total. In the period between April 2024 - March 2025 92 Referrals have been received into our service and we have made 94 referrals to extemal agencies. By the end of March, the project had a contact list of 1,327 individuals, This number includes clients and agency contacts, with a higher percentage being clients. 64 % clients 36 /0 contacts at other agencies For those newly accessing the Information & Signposting Service online: 580/0 asked to be added to the mailing list 15 % did not Wish to be added 26 % were not sure Some clients elect to be added at a later stage. Agency contacts move on to new jobs and drop off the list. The list Is therefore continuously fluctuating. Contacts regularly receive information on our courses and activities, as well as other new appropriate services offered by partner agencies and those in the wider community. 17 Feedback received from cllents-: Very understanding. Listen well and have a very helpful attitude Excellent communication. Somebody to talk to I had somebody listen to me It exceeded my expectations. Very helpful Talking to somebody does help, and the people who work here do have time to listen. It was very informative and extremely helpful A very positive experience with a service that I previously knew nothing about. Made me feel at ease and listened too The service was very professional, and the information given was tremendous. Very helpful, very friendly and understanding, non-judgmental. It was a fantastic help. So supportive and Encouraging Really informative and very helpful. I found the service very beneficial to my mental health. Very helpful and supportive They are very warm and approachable. They give what suggestions and advise that they can. Supportive call. Extremely helpful Informative and open Refreshing and so much appreciated Useful and easier than others Extremely supportive and friendly service For the first time in 30 years, it was amazing to have someone who didn't judge me and has helped me both mentally and physically. I felt I wasn't alone and was supported I have had kind and informed guidance I found the assistance I received to be extremely reassuring and beneficial I don't feel so alone now. They understand and give many options of all services to contact. Lifesavers really. The officer "contacted me and amongst other things she referred me to Mind Advocacy" It has been a miracle,- I was so lost and overnhelmed and now better support is in . place with Trivallis. Which has made such a tremendous difference to wellbeing:" What we have learnt While we promote self-help, and it is our intention to empower clients by providing the information to equip them to aC￿sS appropriate services for themselves, we have found that a smaller number of clients do require on-going support, and we have tried to work with them on a longer-term basis where possible. This may be due to complexity with on- going issues, or when there are a range of presenting needs. Additionally, clients who have used our service in the past often contact us again at a later stage with new enquiries and requests for help with new matters. This demonstrates that we are considered a trusted service 18 Initially identified through exchanges between clients and the Information & Signposting Officer, and pursued through surveys or other data, we have identified: A naed for a women's only group within New Horizons. A large per￿ntage of clients are referred to us through domestic abuse services. Although not exclusively women, they do not feel comfortable in mixed groups due to their history. Out of 848 clients using tha service, 70 % identified as female. A need for a women's only group. A high percentage of clients are referred to us by the domestic abuse service. Although not exclusively women, they do not feel comfortable in mixed groups due to their history. We receive regular enquiries from clients who are diagnosed later in life Wlth autism and ADHD. As a result, we have provided courses and workshops and a peer support group. Neurodiversity We receive regular enquiries from clients who are being diagnosed later in life as neurodiverse, with Autism or ADHD. Others are waiting to be assessed. As a result, we have provided courses and workshops on this subject and offered a peer support group in the autumn of 2024.out of a sample of 455 clients contacting the IS service, 8 /0 identified as being neurodiverse. When we offered the online neurodiverse peer support group, we received requests from 95 applicants in a six-month period. Many clients are in full-time employment Many of the clients that contact us are working and cannot easily access daytime services. We currently have limited capacity to provide services in the evening or on weekends. However, we have provided some courses in the evening, and the Infonmation & Signposting Officer has extended their working day to provide early evening appointments for clients. One-to-one support We receive regular enquiries requesting one-to-one support. With the highest number of requests focused on counselling or befriending services. The information & Signposting service is currently our only method of providing one-to-one support. Most of our services are group focused,There also appears to be limited capacity for one-to-one support in the wider community. This limits what we are able to signpost or refer to. Younger clients Younger clients may not necessarily engage with more traditional services. Out of a sample of 455 clients contacting the IS service, 105 were between the ages of18 30 = 23 /0. We are about to launch our new VR project in the hope of engaging younger clients. We continue to monitor trends and requests through the Information & Signposting Service and will be informed by and influenced by that. The offI￿r has regular opportunities to give feedback to the management team. 19 Despite promoting the service to diverse groups, being part of the Diverse Cymru Cultural Competency Scheme, and having a part-time cultural competency officer, only around 10/0 of clients identified as non-white British. Many of the clients that contact us are working and cannot easily access daytime services. We currently have limited capacity to provide services in the evening or on weekends. However, we have provided some courses in the evening, and the Information & Signposting Officer has extended their working day to provide early evening appointments for clients. There are regular enquiries requesting one-to-one support, such as counselling, the provision of a support worker, or befriending services. The information & Signposting service is currently our only method of providing one-to-one support. Most of our services are group focused. There also appears to be limited capacity for one-to-one support in the wider community and therefore not easily signposted or referred to. This is possibly something we could explore; however, this is dependent on funding and future capacity. Conclusions We continue to receive enquiries and referrals weekly, and we anticipate further demand as more people beGome aware of the service. Demonstrating a clear need. Clients and agency contacts return, demonstrating trust in the service. We continue to receive enquiries and referrals on a daily and weekly basis, demonstrating that the project is now well established, known, and needed The sto of the Di Ital ro "ect this ear At the start the focus was reorganising our website layout to maximise views for the Digital Stress Management Course we'd put online, building a page specifically for the course and a link on the top menu means it can be reached from anywhere on the website. Expanding our social media presence, opening an Instagram account which reaches an average of 105 people per post. The idea was to maximise the number of people we reach and increase the 18-25-year-olds we reach. We chose a channel whose largest user-base is this age group. We also developed a basic computing skills course, covering subjects such as online safety, setting up an email address, using video call software, online shopping and general support with using smart devices. We ran the course for four weeks at Hwb Cana, helping people get online safely and keep in touch with family and friends who live far away. Recent surveys have shown that people between 17 and 25 years are really struggling with mental wellbeing, but also were 3 times more likely to be unable to afford to take part in suitable support activities. As the year went on, we adapted our social media strategy from just posting service adverts to posting content that asks questions. This we hoped would improve interaction as well as provide information and help people enrol on our courses or join our groups. 20 This year, the focus of the Digital Project has also been on maintaining our website and social media presence. We've worked to ensure our platforms are up to date, accessible, and continue to reflect the values and services we provide to the community. Regular updates, new content, and engagement with our audience have helped keep our digital presence active and informative. How you've involved peopl8 from your community in the work wg do We've continued to share stories, group updates, and resources through our digital platforms. This helps ensure service users and the wider community stay infonned about the opportunities available. We've also encouraged feedback and engagement through comments, shares, and messag.es, creating a more responsive and community-driven online presence. The differences we are making By keeping our digital channels current and relevant, we've maintained a vital link with existing and potential service users. Our website has continued to serve as a central hub for course signups and information, while our social media presence provides updates, encouragement, and a space for connection, particularly for those unable to attend in person. What we've learned Maintaining a meaningful digital presence requires regular attention and adaptation. We've learned that the timing and tone of posts matter significantly when trying to reach and retain audiences, and that visual content performs best across platforms. How we are changing what we do This year, we made the decision to leave Twitter as the plafform no longer aligns with our message or values. In its place, we've expanded on other platforms and opened a Bluesky account, which has allowed us to connect with a fresh and thoughtful audience. We continue to monitor emerging platfonns and are excited by the opportunities they present to connect with our audience in new and meaningful ways, while staying true to our values. VR project 2025-2026 The next step for the Digital project for 2025-26 is the development and delivery of a Recovery College course using VR headsets. New Horizons, data showed that the majority of our Recovery College students are women and aged 40+ therefore we have been looking at ways of engaging more men and younger people in the Recovery College. In order to try and address this gap- from June 2025 we will be working in the community to offer the use of VR headsets to deliver Recovery College courses in particular to men and young people (18-25). Working in partnership with Tend VR we will be monitoring and evaluating the project. We are really pleased that this project has been chosen as a Bevan CommissionlBevan Exemplar project- see link below- https.'//bevancommission.org/the- futur*of-mental-health-virtual-reality/ 21 Men's Project The aim of the Men's Project remains to provide a no-pressure, safe space for men to talk freely, offer peer support, invite guest speakers on topics chosen by members, and share their own knowledge or skills. This year, the group placed particular emphasis on supporting and maintaining physical health-an area group members identified as important to their overall wellbeing. We explored ways to integrate physical activity into daily routines, shared personal goals around fitness and diet, and had regular discussions around motivation and accountability. Group members talked about routines, challenges, and small wins-such as walking more, cooking healthier meals, or restarting an old sport. The differenc8s we are making As in previous years, discussions covered topics such as mental and physical health, life's challenges, hobbies and interests, and current events, However, by highlighting physical health as a central theme, the group has encouraged members to take more active steps toward improving their overall wellbeing. For example: One member set up a home gym and now works out regularly, reporting improvements in energy and mood. Two members have made healthy changes to their diets, leading to weight loss and better focus during the day. One member began a regular walking routine, reporting improvements in sleep and mood. This ongoing encouragement has helped reduce feelings of isolation and given members new tools to manage stress and low mood. All members report a greater sense of connection and confidence, and many share that they now view the group as a dependable part of their support network. The group continues to meet regularly with consistent attendance of 3-4 participants per session. A volunteer supports and co-facilitates the group, sharing lived experience and moderating discussions. How we hav8 involved people fmm your community in the work you do We continued to promote the group widely through social media, our website, posters, and direct engagement at outreach events. Special effort was made to reach diverse communities, and to speak directly with men at risk of isolation or disengagement. What we have leamed By introducing physical health as a practical and relatable topic, members became more open to sharing their mental health challenges as well. We've leamed that focusing on accessible goals-like "moving more. or "eating betterf'_helps build confidence and often leads naturally into deeper conversations around emotional wellbeing. 22 How we are changing what you do The group remains user-led, with members regularly shaping its direction. While some sessions used to feature guest speakers, the group has expressed a preference for informal conversation, peer-led advice, and mutual support. As a result, the format remains relaxed and conversational, with topics emerging organically based on members, needs and interests. uo es rom "It's really helped me get back on track-l've been walking again, eating better, and feeling better." "It's just so relaxed here, it really lifts my mood every time." 'Yalking about exercise and food might sound simple. but it's helped me understand my stress better." ing,:het¢gj ck." Cultural Competency The funding from the National Lottery also enables New Horizons to employ a Diversity and Inclusion Officer to lead on our work around making our services more culturally competent. New Horizons has embarked on extending its reach and ensuring that its services can be increasingly accessible to people identified as Black Asian & Minority Ethnic. Since the initial engagement with Diverse Cymru in 2019, we as an organisation have participated in addressing each section within the framework they have provided. The Cultural Competency Self-Assessment framework identifies 4 key areas which are: Environment and Management Commitment Communication and Consultation Cultural Cornpeten￿ and Professional Development Outcomes and Engagement New Horizons has sought to adopt an approach that will enable the organisation, as a whole, to adapt and change to the opportunities and challenges its current aspiration will provide. By ensuring we address race and broader equalities and inclusion policies and practices as part of all strategic and delivery meetings these areas will be mainstreamed into broader conversations. During 2024-2025 New Horizons made various changes that have enabled us to show our commitment providing an inclusive accessible service Including the recruitment of a Diversity & Inclusion Officer meant that we had a steer in fulfilling our aspirations to become fully accessible to ethnically minoritized people and communities and achieve accreditation under the Cultural Competency Certification Scheme led by Diverse Cymru and validated by the Royal College of Psychologists. 23 Environment & Management Commitment,. we continued to provide activities at various venues and spaces. Pre-lockdown we had already sought to change signage to be multi- lingual in preparation for increasing our client base from ethically and faith diverse communities. With more information moving online we have changed our website so that it can be navigated in 8 community languages. While this isn't exhaustive, it Is a start to enabling more speakers of non-UK languages to access our information. We have also made the website more accessible for people with varying levels of sight Ioss. We have been more in increasing our networks and pro-active in sharing information from people and organisations that represent andlor support people from target communities. We are always keen to recognise and promote key dates and celebrations. During 2024- 25 we continued to Identify ways to include Black Asian & Minority Ethnic people and communities throughout the organisation and our activities. Cultural Dlvarsity & Inclusion Officer tlm81ine. July 1812024 - Started role with New Horizons July 2024 - Met with staff at New Horizons to start understanding the charity, the roles & responsibilities. July 2024 - First Quality & Monitoring Subgroup Committee Meeting Attended. New Horizons hold these meets every quarter to report on the work we have been undertaking. Notes are taken and shared with stafflvolunteersltruslees involved after each meet. August 2024 - Continued Meeting with colleagues to understand the roles and projects. September 2024 - First staff meeting attended. October 22nd 2024 _ Attended Anti-Racist Wales Conference in Cardiff October 23rd 2024 - Attended Diverse Cymru's Annual Conference in Cardiff. Novernber 2024 - Attended Welsh Government's first ArWAP Event in Merthyr Tydfil. January 2025 - Joined Cwmpas, Online Misogyny Steering Group (ongoing) February 2025 3rd & 4th _ Race Equality Week Online Events joined. anisations Networked & linked with: Diverse Cymru Welsh Government Anti-Racist Wales Action Plan Team - BAVO Interlink - VAMT Cwm Taf Morgannwg University Health Board (CTM UHB) Race Equality Network CTM Regional Partnership Board - All Wales Dementia Action Plan - CTM UHB- Development Team CTM Regional Partnership Board - Children's Board Bridgend County Borough Council - Equalities Team Merthyr Tydfil Council - Community Cohesion Team Race Equality Matters Rhondda Cynon Taf County Borough Council (RCTCBC) - Community Safety Team RCTCBC- Resettlement Programme Team Barnardos All Wales People First Merthyr Tydfil Caffi Soar Merthyr Malayall Cultural Association Y Plant Affricanaidd Coleg y Cymoedd 24 LLOYDS BANK FOUNDATION En¥and & Wales Lloyds Bank Foundation funding New Horizons was very pleased to be awarded funding from the Lloyds Bank Foundation for the employment of a Business Development OffI￿r post for 2 years (2022-24) to help support the charity to develop funding bids and the long-term sustainability of the charity. Business Planning and Development Officer- Steve Curry We continue to receive fantastic support from our funder, Lloyds Bank Foundation (LBF). LBF has offered New Horizons sessions where staff from across the UK business talk with us during a 3-hour session to generate ideas and tips for our work. LBF has extended this idea by developing a Skills Exchange programme for which NH was selected to participate during Springlsummer 2024 - focussing on developing our marketing and communications skills. Support from the Cranfield Trust continued by way of a volunteer mentor helping us to develop a Business Plan providing an overarching framework document to guide us with annual or project plans. This has proven its value with our National Lottery Community Fund (TNLCF) application and grant from August 2023 to July 2026. The Lottery Community Fund grant covers the three posts of Digital Officer, Information & Signposting Officer and Activities Coordinator. Cranfield Trust Both our local research with service users, partners and communities as part of our TNLCF preparation as well as national and international research is telling us that the need for mental health support is exceptionally high, with our surveys showing that 87 % of the people we spoke to having eXperIen￿d a mental health issue themselves or via friends or family, and whereas Covid lockdowns had contributed to a greater acceptance and more help-seeking behaviours in general, not many people were using third sector services in this respect, which points us towards greater awareness-raising and closer partnership-working. Our widely attended Theory of Change exercise in 2023 recognised NH as empowering people to feel more in control and more hopeful as well as developing the reputation and resilience of New Horizons as a trusted and effective, charity service provider, amongst communities, funders and particularly our health board, CTM-UHB. As a mental health support charity, New Horizons understands that it needs to reach and support more people who are in need, seeking to learn about mental health, support others in their familylcommunity and create greater resilien￿ in themselves and others. To do so we will continue mapping and building relationships with the relevant agencies, groups and individuals and continue to improve our communications, both digital and analogue. Supported by a National Lottery Community Fund grant to develop NH'S digital presen￿ and online growth as more people interact with us digitally. Helping us provide 25 tools for people with disabilities such as sight-loss to access our services and supporting volunteers, groups and service-users to make use of the growing online resources for mental wellbeing. TNLCF supports our Information & Signposting service to help NH client contacts build connections with local organisations as well as following-up referrals and tracking service-user's journeys. Our Cultural Competency work will develop under this grant to ensure our services attract and work for ethnic and other minority groups, allowing us to reach out to communities of identity to deal with the MH challenges that they are, on average, more likely to be confronted with. Building on the Pen y Cymoedd Community Fund micro-grant awarded for research in three Heads of the Valleys target communities to explore outreach work to bring Recovery College courses to these locations by partnering with local community anchor organisations, New Horizons has also developed a project idea to work with Tend-VR who developed a unique mindfulness-based cognitive therapy (MBCT) course delivered on a VR headset. A home-use trial study showed indications of effectiveness in people with mild to moderate anxiety and depression. We have now secured a years, funding, from Pen y Cymoedd Community Fund, to develop this service in peer support group format and also available to loan for home use from our project locations once clients are inducted in use of the equipment and the MBCT programme. Cronfa Gymunedol Fferm Wynt PEN Y CYMOEDD Wind Fann C• Fund CIC cO￿p Local Community Fund - through the Co-op grocery store chain, our organisation received approximately £2,00 via the Co-op Local Community Fund in November 2024, supporting our core work. LOCAL h￿uN￿y FUND 'op EDSYI IÈHT kYYO Thanks to all Coop members. 26 Quality & Monitoring New Horizons has a Quality and Monitoring sub group that meets bi- monthly and includes volunteers, trustees & staff in reviewing the charity's monitoring & evaluation tools and the quality measurements for our services. diverse cymru Diverse Cymru Cultural Competence quality mark New Horizons is pleased to confirm that the Charity was awarded the Diverse Cymru Cultural Competency Quality Mark at Silver Plus in October 2023 RUSTEO Trusted Charity New Horizons was very pleased to be awarded the PQASSOI Trusted Charity Quality Mark in 2018 and is working towards securing the quality mark again in 2024-25. The name of the Quality Mark was changed to "Trusted Charity" as it needed to make it clearer what the award is for, The NCVO chief Stuart Etherington said at the launch - "the Trusted Charity quality mark enhances how your organisation operates and therefore people can put their trust in you" IAINDFUL EMPLOYER Mindful Employer New Horizons was awarded the quality mark as a Mindful Employer in 2024 following the biannual review. The quality mark is open to all employers recognises those employers who are committed to supporting the mental health of their staff - no matter how far along they may be in that journey - and it is about helping employers to adapt the best and most up-to-date clinical practice to achieve this goal. 27 cira disability OG confident ora hyderus o OG ran anabledd COMMITTED YMRODDEDIG The Disability Confident scheme is a UK government initiative designed to encourage employers to recruit, retain, and develop disabled people and those with health conditions. New Horizons has achieved L1 to date Working in the community NEW HORIZON mE￿rAL HeALT Staff and volunteers promoted the services of New Horizons in the community through various events with over 14 attended during this period. There was staff participation in various forumslnetworks covering CTM area - over 15 covering various mental health, wellbeing, neurodiverse and community issues. Ensuring New Horizons voices the needslconcems of those in our communities receive the support they much need, to help them live their lives well. Fundraising - Treorchy Comprehensive School once again chose New Horizons as a charity and were successful in the First Give Project - resulting in New Horizons receiving £1000 for the new VR project. St John Baptist High School holds memorial assemblies during the week of Holocaust Memorial Day in January, inviting New Horizons with the Chair and Staff member attending which is a privilege and honour to be part of each year 28 Partnership worklng New Horizons recognizes the importance of working in partnership with other organisations to help deliver the best possible service. A - Z of partnershlp working.. New Horizons developed strong working partnerships across Cwm Taf Morgannwg with the following organisations: Adult Learning Wales BAVO BAROD Bevan Commission Bridgend County Borough Council CAB Community Mental Health Team Crisis Team Cwm Taf Morgannwg Mind Cwm Taf Morgannwg UHB Diabetes Peer support Diverse Cymru Eye to Eye Gellideg Community Foundation Interlink Job Centres Mental Health Matters Wales Platfform Primary Care RHA Samaritans Spectacle Theatre Tend VR Valleys Kids Valleys Steps VAMT Visible Project Women's Aid New Horizons staff members are active members of the following networks Befriending Network - MT & RCT CTM Co-occuring SM & MH Forum CTM Third Sector MH forum DAMHSN- Bridgend Health, Social Car & Wellbeing - Bridgend Health & Wellbeing Merthyr Tydfil Suicide & Self Harm Engagement GrouplForum 29 Mental Health Support website vMw.mentalhealthsu rt.co.uk New Horizons was commissioned by RCT CBC to develop a website which would act as a local service directory for people looking for support online in the mental health arena. The Mental Health Support (MHS) website includes: Information about general mental wellbeing and illnesses, including signs and symptoms Information and links to other local organizations providing a holistic approach for visitors to the site A service user area to display poemslartwork Information and support for carers and young people Information about local events Volunteering opportunities The Mental Health Support website hosts the Mental Health Service Directory for the Cwm Taf Morgannwg Third Sector Mental Health Forum. The MHS website and Directory address the priorities in the Welsh Government's 'Together for Mental Health, strategy for mental health and The Social Services and Well being Act where it is a priority to ensure that the people of Cwm Taf Morgannwg are able to access information, advice and assistance. One off funding was awarded from the UHB to update the website in 2020 Sustainable funding is being sought to maintain and update the website and Directory into a wider Information and Advice ser￿ice. 30 THANK. Ylui A big 'Thank You, to all of our supporters who undertook fundraising for New Horizons during the year including- Treorchy comprehensive students Students On￿ again chose New Horizons as a charity and were successful in the First Give Project- resulting in New Horizons receiving £1000 which we will use to support our new VR project. Kelly Hek and family On the 28th of October 2024 Kelly and her brother and sister took on the challenge of climbing Mount Toubkal in Morocco, North Africa's highest peak. They climbed 4,167 metres to summit on a three day trek to raise money for New Horizons Mental Health charity. They raised £1041 for New Horizons We would like to thank you all TRUSTEES The trustees in office during the year at the date of this report are listed on page 3. Financlal revi8W The largest single source of income for our Charlty continues to be the Service Level Agreement wlth Cwm Taf Morgannwg University Health Board. This agreement has recently been extended to run until 2026. This income is crucial to our Charity, as it provides us security in order to develop our ongoing services and plans. We firmly believe that the funds received from CTUHB provide great value to the community. During the financial year, we have again been lucky to secure a number of new sources of grant and other income. A number of our ongoing projects are still suffering delays due to the covid pandemlc, with the unspent funds being carried forward with the agreement of the funders, to be used in the current financial year, Due to additional sources of income, our recognized income for the financial year increased from £273,316 to £288,610 and total expenditure during the financial year also increased from £254,130 to £259,665. We recognized a surplus on unrestricted funds during the year of £26,951. Reserves pollcy Reserves are needed to bridge the gap between the spending and receiving of income, and to cover unplanned emergency expenditure such as for repairs. The trustees consider that an ideal level of reserves would equate to 6 months total expenditure. As at 318t March 2025, our free reserves amounted to £113,873, against a target of £129,833. Every effort will be made to secure additional funding in the upcoming year to increase the levels further. The trustees are currently considering a more detailed Reserves policy. Rlsk management The Management Committee examine the main risks that the Charity faces and have developed systems to monitor and control these risks, and to mitigate any impact that they may have on the future of the organization. 32 Volunteers New Horizons believes that in order to achieve its, goals the active participation of the community is vital. To this end we encourage the involvement of volunteers at all levels in the organization and with all of our activities. A sp8cial thank you to all of our volunteers from April 2024-March 2025 Nigel Bennett Candice Black Karl Coomansingh Jayne Dyer Phil Gillard Natalie Griffiths Andrea Hatch Amy Hiatt Sabine Ingeborg Kath Jones Marcus Longley David Loring Brian Mitchell leuan Riggs Craig Thomas 33 Acknowled ements for fundln Co-op Local Community Fund Cwm Taf Morgannwg University Health Board Heritage Lottery Interlink RCT National Lottery Lloyds Bank Foundation Penycymoedd wind farm 34 INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF NEW HOIUZDNS MENTAL HEALTH CENTRE Independent ¢xamlner's report to the trustees of New Horizons Ment41 Health Centre ('the Company I rcport to th¢ charLty trust¢es Oll my exatnination of the accounts of the Company for the y¢ar ¢nded 31 March 2025. Responslbllltles and basis of report As the charity's trustees of the Company (and also its dir¢ctors for the purp05¢8 of company law) you are responsibl¢ for th¢ pr¢paration of the accounts in accordanc¢ with the requirements of the Con]pani¢s Act 2006 ('the 2006 Act'}. Having satisfied myself that the accounts of the Company are not required to be audited uttder Part 16 of the 2006 Act and are eligible for independent examitiation, I report irt respect of my ¢xarnination of your charityHs accounts as carried out under Section 145 of the Charities A¢t 2011 ('the 2011 Act,). Tn carrying out my examination I hav¢ followed the DiT¢Ctions given by the Cbarity Cornmission under Section 145{5) (b) of the 201 l ACL Independent examiner's statement Since your charity's gross income exc¢¢ded £250,000 your exan)in¢r must be a member of a listed body. T c&n conf that l am qualifi¢d to undertak¢ tb¢ examination because l am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listsd bodies. I have conwleted my examination. I confirm that no matt¢rs have Corne to my attention in connection with the exan)ination giving cause to believe: accoullting records were not kept in respect of the Company as required by Section 386 of the 2006 Act, or the accounts do not accord with those records" or the accounts do iiot comply with the a￿ounting requir¢m¢nts of Section 396 of the 2006 Act oth¢r tlun any requirernent that the accounts give a twe and fair view which is not a rnatter con8idered as part of an itidep¢tMl¢nt ¢x&mittation' or tFLe a¢counts hrlve llot beell prepared in accordance with the methods and principles of the Statement of Reconunended Practic¢ for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)). I have no conc¢rns and have come across no other n￿tter8 in ootmection witb the exEllnination to which attenttoll should be drawn in this report in Order to enabl¢ a proper understanding of the accounts to b¢ reached. Richard Knoyle ACA FCCA Bak¢T Knoyle Chartered A¢¢ountants Orbit Business C¢ntr¢ Merthyr Tydfil CF48 IDL 2 De¢¢mber 2025 P&ge 35 NEW HORIZONS ME TAL HEALTH C TRE STATEMENT OF FINANCL4L ACTIVITIES CORPORATING AN INCOME AND EXPENDITURE ACCOUL¥ FOR THE YEAR ENDED 31 MARCH 2025 2025 Total nds 2024 Total funds Unr¢strirt¢d fund8 Restricted funds Notes INCOME AND ENDOWMENTS fROM Donation$ and legacies 26,032 260,137 286,169 271,710 Other trading actAvities Investment incoLne 470 1,971 470 1,971 1,606 Total 28,473 260,137 288,610 273,316 XPENDITllliE ON Charitable activities Mental health support day serviees and projects 11,805 247,860 259,665 254,130 NET INCOME 16,668 10,283 12,277 (10,283} 28,945 19,186 Transfers between funds 16 Net movement In funds 26,951 1,994 28,945 19,186 RECONCJLIATION OF FUNDS Total funds brought fon¥ard 119,362 126,573 245,935 226,749 TOTAL FUNDS CARRIED FORWARD 146,313 128,567 274,880 245,935 The notes form part of th¢se fJnart¢ial statements NEW HOR17K)NS MENTAL HEALTH Cll NTRE BALANCE SHEET 31 IWJARCH 2025 2025 2024 Notes CURRENT ASSETS Debtors Cash at bat]k and in hand 12 2,341 274,998 294,265 294,265 277,339 CREDITORS Amounts f&lling due within ono year 13 (19,385) (31,404) NET CURREI¥4T ASSETS 274,880 245,935 TOTAL ASSETS LESS CURRENT LIABILITIES 274,880 245,935 NET ASSETS 274,880 245,935 FUNDS Unrestricted fisnds Restrict¢d fullds 16 146,312 128,568 119,362 126,573 TOTAL FUNDS 274,880 245,935 The charitabl¢ compally is entLtled to ¢xemption from audit under Section 477 of the Companies Act 2006 foi the year ended 31 Mwch 2025. Th¢ mernbeT8 have not roquired the company to obtain an audit of its flnancial statements for the year ended 31 March 2025 in accordance with Section 476 of th¢ Companies Art 2006. The trustees acknowledge tbeir responsibiliti¢$ for (a) ensuring that the charit&ble company Iceeps accounting records that comply with Sections 386 and 387 of the Con]panies Act 2006 and preparing financial stat¢ments which give a trne and fair view of the state of affairs of the charitable company as at th¢ ¢nd of each Fmaticial year and of its Surplus or deficit for ¢ach financial year in accordance with the requirernents of Sertions 394 and 395 and which otherwise comply with the requirements of th¢ Cornpanies Act 2006 rel&tillg to financial statements, so far as app￿Cable to the charitable con4)￿{ y. These f￿aTr¢I&l gtatemellts have been prepared in &¢cordEJnce with th¢ provisiolls applicable to charitable Companies subject to the Small companies regime. Th¢ financial stafrments wer¢ approved by the Board of Truste¢s and authorised for issuc on 2 December 2025 and w¢re sigrA¢d oll its bchalf by.. (b) P Gi111< rd - Tru8te¢ Th¢ notes form part of these fin&n¢ial statements Patyp. 77 NEW HOIUZONS MENTAL HJQALTH CENTRE NOTES TO THE FI ANCIAL STATEMENTS FOR THE YEAR EINDED 31 MARCH 2025 ACCOUNTING POLICIES Basis of preparlng the financlal statements The financial statements of the Ch￿Itable company, which is a public benefit entity under FRS 102, have b¢en pr¢pared in accordance with the Charities SORP {FRS 102) 'Accounting and Reporting by ChaTlties.' Statem#nt of Re¢ollJm¢nded Practice applicable to charities pr¢paring their accounts in accordance with the Fillancial R¢porting Standard applicable in the UK and Republic of Ir¢lartd (FRS 102) (effective l January 2019),, Financial Reportittg Standard 102 'The Financial Reporting Standard applicabl¢ in the UK and Republic of reland, and the Companies Act 2006. The fLnancial statements hav¢ been prepared under the historical cost convention. New Horizons Mental Health and Emotional Wellbeillg Resource Centr¢ is a private Charitabl¢ Incorporated Organi8ation in th¢ United Kingdo￿ and limited by guarantee. Th¢ address of th¢ registered otyice is given in the cbaTity information pagc of these financial 8tatem¢nt8. The nature of the ch￿.1ty'S operations and principal activities are that of promoting tnental health, and assisting people with mental health problems. Financial reporting standard 102 - reduced dtsclosuwe exeinptions The Ch￿itable company has taken advalltage of th¢ following disclosure ex¢mption in preparing th¢8¢ ' fLnan¢ial stat¢m¢nts, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland,: the requirements of Section 7 Statement of Cash Flows. Income All incorne is recogni8ed in the Statement of Financial Activities onGe the charily has ¢ntitlement lo the thnds, It is probable that th¢ irtcome will be received and the amount can be measured r¢liably, For donations to b¢ recognis¢d the charity will have been notified of the amounts and the settlemertt dAted in writing. If there are conditions attached to the donal'ion and this require5 a level of perfornun¢¢ before entitletnc. nt can be obtained then incom¢ is deferred until those collditio￿ are fully met or the fulfilm¢nt of th08¢ Conditions is within the control of the charity and it is probabl¢ that they will be fijlfilled. Donated faciliti¢s and donated professional services are recognised in income at their fair value when their ¢¢onornic benefit 15 probable, it can be measured T¢liably and the charity has control over the it¢nL Fair valu¢ is detennined on the basis of th¢ value of the gift to the cbarity. FOT ¢xample the amount the Charity would be willing to pay in the open market for such facilities and s¢rvice8, A corresponding Ellno.unt is recognis¢d in expenditure. No arnount is includ¢d in the fmartcial statements for volunt¢er time in line with th¢ SORP (FRS 102}. Further detail is given in the Truste¢s' Annual R¢port. Where Practicable, gifts in kLnd donated for distribution to th¢ b¢neficiaries of the charity are included in stock and donations in the financial statements upon receipt. If it is impra¢ti¢able to ass¢88 the fair value at receipt or if the costs to und¢rtake such a valuation outweigh any bcll¢fits, then the fair valu¢ 18 recognis¢d as a componeAIt of donations when it is distributed and an ¢quivalent an]ount Tecogni6¢d as charitable exp¢nditure. Fixed asset gifts in kind are r¢¢ognised wlwi receivable and are included at Eair value. They arc not def¢rred ov¢r the life of the asset. For legacies, ¢ntitlement 18 the earlier of the charity being notified of an impending distributioJ or the legacy being received. At thts point Én¢ome is recogni8¢d. On occasion legacies will be notified to the charity however it is not possible to measure the amount expect¢d to be distributed. On thege occasions, the legacy is treated as a contingent asset and disclosed. Income from trading activities includ¢8 income earned from thdraising events and trading activiti¢s to raise funds for the charity, Income is received in exchange for supplying goods and services in order to rai8¢ fLmds and is recognised when eiititlem¢nt has occurred, Page 38 contillued... NEW HORIZONS MENTAL HEALTH CENTR NOTES TO THE FINAN IAL STATEMENTS - continued FOR THE YEAR ENDEI D 31 M2IRCH 2025 ACCOUNTING POLICIES - continued Incojne Income from governm¢llt and other grants aT¢ reeognised at fF4iT value when the charity has entitlem¢nt after any perfonnance Conditions have been m¢t, it is probable that th¢ income will be received and th¢ amounts be measured reliably. If entitlement is not met th¢n these anLounts ar¢ defeffed. Expendlture Liabilities ar¢ r¢¢ogllised as exp¢nditure as soon as there is a legal or constrnctive obligation ¢on)nutting the charity to that expenditur¢, it IS PTobabl¢ that a transfer of economic beneflts will be required in settl¢ment and the amount of the obligation ¢all be measured reliably. Expendiiure is accounted for on an accruals basis and has been classifLed under headings that aggregat¢ all cost related to the Category. Where costs cannot be direcdy attributed to particular headings they have been allocated to a¢tiTrities on a basis ¢onsigtent with the use of resources. Support costs allo¢lltion Support costs are those that &8SiSt the work of th¢ charity but do Thot directly represent chaiit&ble &ctivitios and include office costs, govern&ll¢e costs, administrative payroll costs. They are incurred directly in support of ¢xpenditure on the objects of the charity and illclud¢ project tnanagement carried out at Hcadquarters. Where support costs Cannot be directly attributed to particular headings they have been allocated to cost of raising funds and ¢xpenditure on charitable activities on a basis consistent with use of the resources. Tangible fixed assets Depreciation is pmvided at the following annual rates in ord¢T to write off each asset over its estimated usefi life. Plant and machinery 200/0 on cost Taxation The charity is ¢x¢mpt frorn corporation tax on its Chaiitable activiti¢s. Fund x¢eountlng Unrestricted fuiids Can be used in accordanc¢ with the clwitsLble objectives at the discretion of th¢ trustees. Restrictrd funds can only be used for particular r¢stricted PUTPOS¢S Within the objecls of the charity, Restrictions arise when specified by the dollor or whcu fuThd5 are r&iscd for particular restrict¢d purposes. Desxgnated funds comprise w]restrictsd fiwds that have been sct aside by the tnL8tees for particular purposes. The aim and use of each designat￿ fL]nd is s¢t out in the notes to the fiiiancial stat¢ments. Further explanation of the nLture and purpos¢ of each ￿lld is iticluded All the notes to the financial st2*tgments, Penslon costs and other post-retlrement benefits The charitable company operat¢s a d¢fined contribution pension scheme. Contributions p&yable to the charitable company's p¢nsion scheme ate ¢haTged to the Statement of Financial Activities in th¢ period to which th¢y relate. Debtors and credltors rec¢ivable/ payable within on¢ year Debtors and cr¢ditors with no stat¢d interest r&t¢ and receivable or payable within on¢ year are recorded at trELnsaction price. Any losse8 arising from impairmertt are recogni8ed in expendithre. Provlsions Provisions are recognised when th¢ charity has an obligpAtion at the balance shBet date as result of a past event, it IS PTobabIe that an outflow of economic benefits will be required in scttl¢ment and the amount Ckm be T¢liably estimAted. Leases Page 39 ofttinued... HORIZONS MENTAL HEALTH CENTRE NOTES TO THE FINANCIAL STATEMENTS - contjnued FOR THE TrIAR ENDED 31 MARCH 2025 ACCOUNTING POLICIES - ¢ontlnued Assets acquired under finance lease5 are capitalis¢d and depreciated over th¢ shorter of th¢ lease telm and the expect¢d u8¢ful life of the asset. Minimum lease payment5 are apportioned between th¢ flnance ¢harg¢ and the ieduclion of th¢ outstanding leas¢ liability using the effective interest m¢thod. The related obligatiorLs, ft¢t of ture finance charges, are included itt creditors. Rentals payable and receiv&ble under operation leas¢s are charged to the SOFA on a straight line basis over the period of the lease. Golng Concern Cwm Taf University Health Board has recently renewed its Service Level Agreement with New Horizons for the period to March 2026. Therefore the Trustses consider it appropriate to PTep2ue the accounts on a going concerll basis. DONATIONS AND LEGACIES 2025 2024 Donations Grallts 4,532 281,637 2,644 269,066 286,169 271,710 Grants received, includ¢d in the above, a8 follows,. 2025 2024 Cwm Taf Morgannwg University Health Board Lloyds Bank Foundation Valley Kids Bridgend County Borough Council National Lottery Community Fund Pen Y Cymoedd Wind F&m] Community Fund Voluntary Action Merthyr Tydfil RCTCBC Heating Grant RCT Citizcns Advice Bureau 163,332 12,500 166,981 25.000 6,000 1,563 64,470 2,552 2,500 95,505 300 10,000 281,637 269,066 OTHER TRADING ACTIVITIES 2025 2024 Oth¢r incom¢ 470 Page 40 continued... NEW HORIZONS MEIYTAL HEALTH CENTRE NOTES TO THE FINANCIAL STATEMENTS - contlnued FOR THE YEAR E DED 31 IIIARCH 2025 INVESTMENT INCOME 2025 2024 Deposit a¢count interest 1,971 1,606 CHARITABLE ACTivrrIES COSTS Support costs (see note 6) Direct Costs Totals M¢ntal health support day Services and projects 251,997 7,668 259,665 SUPPORT COSTS Govern&nce costs Mental health support day s¢rvices E￿d pIojects 7,668 Support costs, included in the above, as follows: 2025 Mentsl h¢alth support day s¢rvices 2024 Total activities projects Indepond¢nt ¢xamination Other &ccountancy services 2,340 5,328 2,340 4,200 7,668 6,540 NET INCOMEI(EXPENDITURE) Net incomel(expendithre) is stat¢d &fter chargingl(cr¢diting).' 2025 2024 Independent examination Oth¢r accountancy Se￿ICeS 2,340 5,328 2,340 4,200 Page41 contitiued... NEW HORIZONS MEKfAL HEALTH CE TRE NOTES TO THE FINANCLIL STATEMENTS - continued FOR THE YEAR LTr4DED 31 MARCH 2025 TRUSTEESI REmuN£￿TIoN AND BENEFITS There were no trustees, remuneration oi other benefits for the year end¢d 31 March 2025 nor for the year ended 31 March 2024, Trustees, expenses There were no trustees, expenses paid for the yeaT end¢d 31 Marcb 2025 nor for the year ended 31 March 2024. STAFF COSTS 2025 2024 Wages and salarieg Social 8¢curity costs Other pensioii ¢0sts 169,552 10,506 3,501 163,469 10,027 3,444 183,559 176,940 The average monthly number of employees during thc year was as follows: 2025 2024 Charilable activities No ¢rnployees received ernolutllents in excess of £60,000. Total key managem¢nt reniulleratioll Rmounted to £44,958 (2024.. £43.558) wbich includes ¢ttLployers national insurance and pension contributions. io, COMPARATIVES FOR THE STAITMENT OF FINANCIAL AcrivrrIES Unrestricted funds Restrict¢d fLU]ds Total funds INCOME AIYD ENDOWMENTS FROM Dollations aiid l¢gaci¢s 27,647 244,063 271,710 Investment illco 1,606 1,606 Total 29,253 244,063 273,316 EXPII NDITURE ON Charitable aetlvltles Mental health Support day services and projects 15,579 238,551 254,130 NET INCOME Transfers between funds 13,674 5,206 5,512 (5,206) 19,186 Net movement In fullds 18,880 306 19,186 RECONCILTATION OF FUNDS Total fill]ds brought forward 100,483 126,266 226,749 TOTAL FUNDS CARRIED FORWARD 119,363 126,572 245,935 Page 42 ¢ontinued... NEW HORIZOLYS MENTAL HEALTH CE TRE INOTES TO THE FII¥JANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 MARCH 2025 11. TANGIBLE FIXED ASSETS Plant and tnachillery COST At l April 2024 and 31 hlar¢h 2025 4,051 DEPRECIATION At l April 2024 and 31 March 2025 4,051 NET BOOK VALUE At 31 March 2025 At 31 March 2024 12. DEBTORS: AMOUIYTS FALLLYG DUE WITIIIN ONE YEAR 2025 2024 Otha. d¢btors 2,341 13. CREDfTORS: AMOUNTS FAILING DUE WTHIN ONE YEAR 2025 2024 Social security and other taxes Pension oreditor Deferred illcom¢ Accnwd ¢xpense8 3,365 628 7,909 7,483 3,731 711 20,559 6,403 19,385 31,404 Deferred Illeome Defetted incom¢ r¢pre8ents income r¢¢¢iv¢d from contributing agencies wh¢re the contribution was restricted to a fixed time period project which ¢xtend8 beyond the current fjnancial year. Ittcotne is defeATed on the ba8lS that the conttlbution was to the project as a whole, the time p¢riod of th¢ project was fully disclosed to the Qontiibuting agencies alld that time pcriod is Certain. The deferred Income ¢Arrfied forw4rd ts aualy8ed a$ follows: 2025 2024 Opening balance Movement iii the year 20,559 (12,650) 12,500 8,059 Deferred incom¢ carried forward 7,909 20,559 Deferred Income allalysed by project: 2025 2024 Lloyds Foundation (unrestricted) National Lott¢Ty Commutiity Fund 12,500 8,059 7,909 7,909 20,559 Page 43 contirtued... NEW HORIZONS MENTAL HEALTH CENTRE IYOTES TO THE FINANCIAL STATEMETrITS - eontlnlled FOR YEAR ENDED 31 MARCH 2025 14. LEASING AGREEMENTS Minirrtum lease payments under non-cancellable operating leas¢s fall due as follows.. 2025 2024 Within one year Between on¢ and five years 936 936 936 1,872 1,872 2,808 15. ANALYSIS OF NET ASSETS BEI TWEEN FUIYDS U￿eStricted Funds Restricted Fullds 2025Total Funds 2024Total Funds Fixed Assets Net Curr¢nt Asset8 146,312 128,568 274,880 245,935 146,312 128,568 274.880 245,935 Page 44 continued.,, NEW HORIZO METrITAL HEI ALTH CEiYfRE NOTES TO THE f￿ANCIAL STATEMENTS - contlnued FOR THE YEAR ENDEI D 31 MARCH 2025 16. MOVEMENT lly FUNDS Net nwv¢m¢nt in finds Transf¢rs between fijnds At 3113125 At 114124 Unrestrlcted thnds Gen¢ral hnd Lloyds Foundatiott RCT CAB 97,625 22,542 (805) 5,965 3,315 7,387 10,283 113,873 25,857 6,582 119,362 16,667 10,283 146,312 Restrlcted fullds Cwm Taf Morganllwg UHB (Day S¢rviee & Resource C¢ntr¢) Mental Health Support Website Rl]ondda Project Maerdy Wind fan Heritage Lottery TEDS Bridgend Small Grants Scheme Coalfields InteAink- Winter PI¢ssures ADHD Cwm Taf Psycho Social Support for ND Pati¢nts National Lottery Conllnunity Fund Pen Y Cyrno¢dd Wind Farm Con)munity Fund Valley Kids Dementia Fvlld VAMT Loneliness and Isolatioll Fund VR Project 12,763 1,239 15,000 1,090 4,034 50,000 1,198 1,338 2,393 (14,107) (421) 1,344 818 15,000 (1,090) 207 (4,241) 50,000 (1,198) (1,338) (993) 1,400 4,283 26,883 (3,588) 41,567 {695) (48,513) 19,937 1,282 3,461 1,609 (1,2g2) (3,013) (1,446) 1,000 (448) (163) 40,413 41,413 126,573 12,278 (10,283) 128,568 TOTAL FUNDS 245,935 28,945 274,880 Page 45 continued.,. IXORIZONS MENTAL HEALTH CENTRE NOTES TO THE FINANCIAL STATKMENTS - eontlnlled FOR THE YEAR ENDED 31 MARCH 2025 16. MOVEMENT IN FUNDS - contlnlled Net movem¢nt In fullds, incluckd in the above ar¢ as follows: Illcoming resour¢¢s Resourc¢8 expended Movement in funds Unrestricted funds General fimd Lloyds Foundation RCT CAB 5,973 12,500 10,000 (8) (9,185) (2,613) 5,965 3,315 7,387 28,473 (11,806) 16,667 Restrl¢ted funds CThm Taf Morgamnwg UHB (Day Service & Resource Centr¢) Mental Health Support W¢b8lte H¢Tlt&ge Lottery Bridgend Small Grants Scheme Interlinlc- Winter Pressures ADHD Cwm Taf Psycho Social Support for ND Patients National Lottery Corllmunity Fund Pen Y Cymoedd Wind Farm ConLmunity 163,331 (177,438) (421) (4,241) (1,198) {993) (14,107) (421) (4,241) (1,198) (993) (i) 95,505 (3,587} (53.938) (3,588) 41,567 (1,283) {3,013) (1,447) (300) (1,282) (3,013) (1,446) Valley Kids Dementia Fund VANff Loneliness and Isolation Fund RCTCBC Facilities Support Heating Grant VR Project 300 1,000 1,000 260,137 (247,859) 12,278 TOTAL FUNDS 288,610 (259,665) 28,945 Page 46 continued.., NEW HORIZON MENTAL HEALTH CENTREI OTES TO TItE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2025 16. Movfi MENT IN FUNDS - eontlnued Comparatlves for movement in funds Net mov¢ment in funds Trmsfers betwe¢n ftmds At 3113124 At 114123 Unrestrlcted funds G¢neral fL￿d Lloyds Foundation RCT CAB 89,311 11,172 3,108 11,370 (805) 5,206 97,625 22,542 (805) 100,483 13,673 5,206 119,362 Restricted funds Cwm Taf MorgaT)nwg UHB (Day Service & Resource Centre) Interlink- CTM S¢lf Harm Project Mental Health Support Websit¢ Rholldda Proj¢ct Maerdy Wind Fann Heritage Lottery TEDS Bridg¢nd Small Grnnts Scheme Coalfields Infrrlink- Wititer Pressures Postcode Lottery Tesco Community Grant Fund ADHD Cwm Taf Psycho Social Support for ND Patients Natiollal Lottery Community Fund Pen Y Cymo¢dd Wind Farn] Conllllunity Fund Valley Kids Dementia Fund VAMT Loneliness and 1801ation Fund 33,443 4,616 1,948 15,000 1,090 4,653 50,000 642 3,260 2,393 7,721 1,500 (21,973) (4,616} (709) 1,293 12,763 1,239 15,000 1,090 4,034 50,000 1,198 1,338 2,393 (619) 362 (1,922) 194 (6,584) (1,344) (1,137) (156) 4,283 32,283 4,283 26,883 {5,400) 1,282 3,461 1,609 1,282 3,461 1,609 126,266 5,513 (5,200 126,573 TOTAL fiUNDS 226,749 19,186 245,935 Page 47 continued... NEW HORIZONS MENTAL HEALTH CENTRE NOTES TO THE FINAIYCIAL STATEMENTS- contlnued FOR THE YEAR DED 31 MARCII 2025 16. MOVEMENT IN FUIYDS - continued Comparative net movement in funds, included in the above are as follows: Incoming resources Resources exp¢nd¢d Movetnent iti thnds Unrestrlcted funds G¢n¢ial fund Lloyds Foundatio RCT CAB 4,253 25,000 (1,145) (13,630) (805) 3,108 11,370 (805) 29,253 (15,580) 13,673 Restrlcted funds Cwm Taf Morgannwg UHB (Day Service & Resource Centre) Interlink - CTM Self Harni Proj¢ct Mental Health Support Websit¢ H¢Titage Lottery Bridgend Small Grants Scheme Coalfi¢ldB Postcode Lottery Tesco Conmiutiity Grant Fvlld ADHD Cwm Taf Psycho Social Support for ND Patients National Lottery Comrnunity Fund P¢n Y Cymoedd Wind Farn] Community Fulld Vall¢y Kids Dementia Fund VAKf Loneliness and Isolation Fund 158,421 (180,394) (4,616} (709) (619) (1,200) (1,922) (6,583) (1,344) (21,973) (4,616) (709) (619) 362 (1,922) (6,584) (1,344) 1,562 (i) 8,561 64,469 (4,278) (32,186) 4,283 32,283 2,551 6,000 2,500 (1,269) (2,539) (891) 1,282 3,461 1,609 244,063 (238,550) 5,513 TOTAL FULYDS 273,316 (254,130) 19,186 Page 48 continued... NEW HOIUZONS MENTAL HEALTH CENTRE OTES TO FINANCIAL STATEMENTS - continued FOR TIIE YEAR ENDED 31 MARCII 2025 16. MOVEIWIENT IN FUNDS - continued A ourrent year 12 months and pi'ior year 12 months combined position is as follows.. Net ttLovettLent in tsnds Transfers betwcen funds At 3113125 At 114123 Unrestrleted funds General fimd Lloyd8 Fouttdation RCT CAB 89,311 11,172 9,073 14,685 6,582 15,489 113,873 25,857 6,582 100,483 30,340 15,489 146,312 Restricted funds Cwm Taf Morgannwg UHB (Day Service & R¢source Centre) Interlinli- CTM Self Harni ProjeGt Mentaj Health Suppi)rt Website Rhondda Project Maerdy Wind Farm Heritage Lottery TEDS Bridgend Snlall Grants Sohern¢ Coalfields Interlink- Winter Pressur¢s Postcode Lottery T¢sco Community Grant Fund ADHD Cwm Taf Psycho Sociaj Support for ND Patients Natioiial Lottery Community Fund Valley Kids D¢Lnentia Fund VAMT Loneliness and Isolation Fund VR Project 33,443 4,616 1,948 15,000 1,090 4,653 50,000 642 3,260 2,393 7,721 1,500 (36,080) (4,616) (1,130) 2,637 818 15,000 {1,090) 207 (4,860) 50,000 (836) (1,922) (993) (6,584) (1,344) 194 (1,338) 1,400 (1,137) (156) 695 73,850 448 (695) (53,913) (448) (163) 40,413 19,937 1,000 41,413 126,266 17,791 (15,489) 128,568 TOTAL FUM)S 226,749 48,131 274,880 Page 49 coiitinued... NEW HORIZOIYS ME AL HEALTH CENTRE IYOTES TO THE FINANCtAL STATEMENTS - eonllnlled FOR THE YEAR ENDED 31 MARCH 2025 16. MOVEMEIYT IN FUNDS - coThtlnued A current year 12 months and prior year 12 months wnthined net movement in fimds, included in the above are as follows", Incoming resources Re80urces expended Movement in fimds Unrestricted funds General ￿nd Lloyds Foundation RCT CAB 10,226 37,500 10,000 (1,153) (22,815) (3,418) 9,073 14,685 6,582 57,726 (27,386) 30,340 Restricted fund$ Taf Morgannwg UHB (Day SerYic¢ & Resource Centre} Interlink- CTM Self Harm Project M¢ntal Health Support Website Heritage Lottery Bridgend Small Grants S¢heme Coalfields Interlink- Wint& Pressures Postsode Lottery T¢sco Community Grant Fund ADHD Cwm Taf Psycho Social Support for ND Patients Natio1￿1 Lottery Community Fund Pen Y Cymoedd Wind Farm Community Fund Valley Kids Dementia Fund VAMT Loneliness and Isolation Fund RCTCBC Facilities Support Heating Grant VR Project 321,752 (357,832) (4,616) (1,130) (4,860) (2,398) (1,922) (993) (6,583) (1,344) (36,080) (4,616) (1,130) (4,860) (830 (1,922) (993) (6,584) (1,344) 1,562 (i) 8,560 159,974 (7,865) (86,124) 695 73,850 2,552 6,000 2,501 300 1,000 (2,552) (5,552) (2,338) (300) 448 163 1,000 504,200 (486,409) 17,791 TOTAL FUNDS 561,926 (513,795) 48,131 Fund8 Restrlcted funds Restrict¢d funds represent balances held to fi￿d future projects where th¢ re80urc¢s have b¢en received and are requ1red by the donors to tsnd a specific project. Tr&nsf¢rs belween funds Trvlnsfers betweell fi]nds arise where unrestnctsd funds hav¢ b¢¢n used to fL￿d shortfalls in restricted projects, The free reserves ar¢ available to provide filllds to cashfiow projects funded on a retrospeclive basis and are available with the approval of the tn)stee8 to fund any expeiiditure on proj¢cts or ¢xp¢nses which fall within the organisations general aims and objectives. They are accumulated in ao¢ordance with the reserve policy as stated in the Trustee Report. During the year, th¢ trustees decided that previously h¢ld desi￿lated unrestricted fiuLds were no long¢r needed to be identified separately and so a transfer was made to releas¢ those funds back to Getteral R¢gerves, Deslgnated funds Designated Fixed Asset5 Pag¢ 50 continued... NEW HORIZONS MENTAL HEALTH CENTRE NOTES TO THE FINANCIAL STATEMENTS - Continue FOR THE YEAR ENDED 31 MARCH 2025 16. MOVEMENT IN FUNDS - contlnued Funds - ¢ontfinued Designated Fixed A86¢t finds roresent the amounts set aside to writ¢ down the remaining net book value of fLxed assets beld against unrestricted fun(L8. Lloyds Foundatlon This represents funditig from the Lloyds Foundation to support any activities or costs that further chArit&ble activiti¢s. RCT CAB This represents funding to faeilitate 'Conllllullity Days, for adults in the conununity experiencing mental health issu¢8 to raise awarelless of Citiz¢n8 Advice and support them to aceess their Se￿L¢eS. Activitles undertaken within each m*jor restrlcted fund The restricted funds of the charity have been applied dwing the year or are held for hture ¢xpenditLW¢ iti the following area.. Cwm Taf Morgannwg UHB (Provlsion of day servlces and resource centre) New Horizons is ¢on]n]issioned by C￿￿ Taf Morgamiwg University H¢<h Board to pr(nnote in)proved mental health recovery for adults experieThcillg mental health issues who live in Rhondda Cynojj Taf and M¢rthyr Tydfil. New Horizons offers a wide range of activities incluaing. - The Cmrrn Taf R¢ci)very College courses And workshops - Bespoke worksbops eg Depr¢ssion Bugting and Understanding Self Hami - Meaningful daytim¢ activities including soft skills (art and craft) and peer support that both focus on Building COllfidenGe and self esteejn. - Sigt]posting to partner oTganisation8 - Opportunities for volunteering - Youth project - Supporting volunteers with partn¢r organisatiotts including TooGoodtoWaste and Valleys Kids Mental Health Support Website Funding for th¢ op¢ration of the Mental Health Support website, which wa8 wirnatily i¢¢eived through Rhojthda Cytton Taf. Funding for this project has now ceased, but the trnstees ar¢ looking at ways to restart the website operation, as they see it is an important part of the ch￿7t￿S activities. Rhondda Projeet Funds received via a donation towards the provision OF mental h¢alth Support in the Rhondda Valley, Th¢ trnstees are ourrc. ntly d¢oiding how this find may be b¢8t utilis¢(L Herltage Lottsry This was fi]nding towards the CEMrity's 30th Anniversary celebrations, including the publication of ttvo books. Th¢se celebrations have b¢en irnpacted by the pandemic, and an extension has been requ¢sted from the Heritage Lottery. TEDS A donation was r¢ceivcd frorn TEDS, a register¢d Charity whose activities have ceased, to assist with dll¢ct servi¢e delivery to service users in the RCT area. This donation is currently unsp¢nt, and ha8 been carried fornrard. Interlink- CTM Self-uarm Project Page 51 continued... NEW HORIZONS MENTAL HEI ALTH CENTRE NOTES TO THE FINANCIAL STATEMENTS - eolltillued FOR THE YEAR ENDED 31 MARCH 2025 16. MOVEMENT IN FUNDS - ¢ontinued Fvnds- contlnued A collaborativ¢ approach with partners to support adults and th¢ir carers livirtg with self-hann. The others in th¢ project are Mental Health Matters Wales, Eye to Eye and The Samaiitans. The partners will establish 8 Steering group to plan tbc delivery of th¢ project, and to evaluat¢ and monitor th¢ project. Inter]Ink Wlnter pressures Arts for well being-art worksbops to support adults experiencing mental bealth issues around r￿UCing isolation and increase levels of confidenc Postcode Lottery Followffing the pand¢mic - to develop and manage a Tange of outdoor activities for adults ¢Aperiencing rnental issues to hdp improve mental health & well bcillg. Bridgend Small Grants Scheme To provkde Recovery College courses designed for ADHD mattag¢tn¢nt to help people awaiting diagnosis andlor support services, which iepresents & large group with unmet needs in the health system. Tesco Communlty Grant To fund fac¢ to face meet ups in the summer including walk8 and other social activities. ADHA Taf PsyehD Soci41 Support for ND Patlents New Horizons was commissioned by CTM UHB to offer a range of wwkshops to raise awar¢n¢ss of ADHD and Neuro Div¢r8ity across CTht. National Lottery Communlty Fund Following a successful pilot project the futuling was awatded to further develop the InfOrn￿tiOn and SigThp08ting and Digital projects tmd to support the work around Dtversity & Inclusion to ensure that our scrvices ar¢ cuItLwally competent and additional activities to meet the needs of our $¢rvice users. Pen Y Cymoedd Wfind Farm Communlty Fund To facilitate 3 workshops across RCT (in th¢ Penycymoedd wind fartn area) to understand in more detail the mental health & well being needs in the tbr¢¢ commullities and to gath¢r ¢videnc¢ for a future funding bid. Valley Klds Dementia Fund New Horizons was comttLissioned by Valleys Kids a8 partner with Bridgend Car¢r8 and the Gellideg Foundation to offer worlc5hops for car¢is of p¢ople living with Dernentia across CTM to help inwrove their mental health & well being. VAMT Loneliness and Isolatfion Fund New Horizons facilitated cl consultation exercise in Merthyr with partners to detei'min¢ th¢ interest in attending Recovery College courses and then offered two bespoke Recovery College courses for adults living in Merthyr Tydfil - Maiiaging AnAi¢ty tnelltal Health & Well bein8. VR Project- Pen y Cymoedd This project is fi￿dIllg mental health support but delivered by using vimal reality hea(tscts. Thi8 enables users to access mindfidn¢ss based cognitive tlwapy (MBCT) t¢chniqu¢s to t&Tget improvement in an individual'8 mental wellbeing.in their owJ] home. Page 52 colltinucd.,. NEW HORIZnN MENfAL KEALTH CENTR NOTES TO THE F]NIlNCIAL STATKMENTS - conthiued FOR THE TrIAR ENDED 31 MARCH 2025 17. RELATED PARTY DISCLOSURES There were no relat¢d p&rty transactions for the year ended 31 Nlarch 2025. 18. CONTROL The Ch￿lty is ¢oJtrolled by its Board of Trustees. 19. GIFTS IN KtND Volunteer tlme The value of volunteer tim¢ is not quantifled in tern]s of money but the time Contributed by volunteers is an inv&luY¢blc resource in t¢rn]s of the outstanding contribution made by them. The number of hours ¢ontribut¢d by volunteers in the year was 1,290 (2024: 158). Page 53 NEW HORIZONS MENTAL HEALTH CENtRE DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2025 2025 2024 INCOME AND ENDOWMEINTS DonatAons And legacle$ Donations Gi'ants 4,532 281,637 2,644 269,066 286,169 271,710 Other tTadlng actlvltles Other in¢ome 470 Investment income Deposit account interest 1,971 1,606 Total Inconthig resourets 288,610 273,316 EXPEIYDrfuRE Charltable actlvltie8 Wages Social security Pensions Day Service costs and support 169,552 10,506 3,501 68,438 163,469 10,027 3,444 70,650 251,997 247,590 Support costs Governance costs Independent examiilltion Other accountancy services 2,340 5,328 2,340 4,200 7,668 6,540 Total resources expend¢d 259,665 254,130 Net income 28,945 19,186 This page does not form part of the stathtory financi&l statements Pag¢ 54