Charity number: 1156010
Washington Mind CIO
Annual report
Year ended 31 March 2024

Washington Mind CIO
Contents
Page
Reference and administrative details
Trustees, report
Trustees. responsibilities statement
Independent examiner's report to the members of Washington Mind CIO
Statement of financial activities
10-11
12
Balance sheet
13
Statement of cash flows
14
Notes to the financial statements
15-29

Washington Mind CIO
Reference and administrative details
Year ended 31 March 2024
Trustees
Bernadette Cornish
David Wright
Diane Snowdon
Elaine Habron
Richard Jackson
Pat Martin
Andrew Scott (resigned 12 December 2023)
Brandon Feeley
Charlty registered number
1156010
Prlncipal office
The Life House
Grasmere Terrace
Columbia
Washington
NE38 7LP
Chief executive officer
Jacqui Reeves
Accountants
UNW LLP
Chartered Accountsnts
Citygate
St James, Boulevard
Newcastle upon Tyne
NE14JE
Bankers
Unity Trust Bank PIC
9 Brindley Place
Birmingham
B12HB
Solicitors
Ben Hoare Bell
19 John Street
Sunderland
SR11JQ
Page 1

Washington Mind CIO
Trustees. report
Year ended 31 March 2024
The trustees present their annual report together with the financial statements of the charity for the 1 April 2023
to 31 March 2024.
Objectives and activlties
• Policies and objectlves
The objects of the Charitable Incorporated Organisation are..
To promote the preservation of mental health and to assist in relieving and rehabilitating persons suffering from
mental disorder or conditions of emotional or mental distress requiring advice or treatment, and
To promote the study of and research into mental health disorder and emotional or mental distress and to
obtain and make records of and disseminate to the public the useful results of such research and lo educate the
public in matters relating to mental health.
The charity operates primarily in the City of Sunderland and surrounding areas.
In setting objectives and planning for activities, the trustees have given due consideration to general guidance
published by the Charity Commission relating to public benefit, including the guidance 'Public benefit.. running a
charity {PB2>'.
Main activities undertaken to further the charity's purposes for the public benefit
Washington Mind is a well*stablished local mental health and wellbeing charity with extensive local knowledge.
community engagement and networks. We will be ￿lebrating the 43rd anniversary during the coming year.
Genuine service user involvement is at the very heart of all of ourwork.
The trustees have considered the guidance produced by the Charity Commission on the provision of public
benefit and they confimi that public benefit has been provided by the range of activities as described above.
Achievements and performance
• Revlew of activities
Over the last year our communities continue to face challenging times, the cost-of-living crisis and demand on
services has rapidly increased. The energy crisis and increased bills impacts individuals and organisations like
ours with a large. community wellbeing centre, the Life House to run and maintain. Working to generate Gore
funding is crucial lo enable the resource to be used by our community.
Life House."
The Life House offers a weekly programme of wellbeing activities including gardening, book and film clubs,
brunch and lunch social sessions, afternoon and evening clubs, healthy eating courses and alternative therapies
and other opportunities for social healthy-lifestyle activities.
Over the last year we have extended our reach working with more of our partners from across the city to offer
dance classes, babyftoddler keep fit and yoga which has seen over 80 members of our community attend
throughout the week.
We also launched our Supported Self Help service where we upskilled our Mental Health Practitioner enabling
us to offer a free, 6-week guided programme, where materials are delivered to understand and manage your
feelings whilst also having weekly check ins with a member of staff.
Due to a rise in referrals in to the service adaptions were made to the The Life House to include five new 1-2-1
therapy rooms and a refurbishment of our Café Life area to run extra groups and offer family aclivities to our
Page 2

Washington Mind CIO
Trustees, report (continued)
Year ended 31 March 2024
Achievements and performance (continued)
community.
Training."
Once again the reputation for the development and delivery of our training programme has benefited in
accessing funding and successful training tenders. The year has been a busy one as workplaces have requested
Lunch and Learn brief sessions for the workforce.
Contractually the existing contracts are going well. A Life Worth Ltving {"ALWL"), now in it's eleventh year of
delivery, continues to be accessed across the community we serve. Delivery is challenging as those attending
are experiencing many of the difficulties faced by the wider community. ALWL South Tyneside has increased in
number of courses delivered.
The contract for Sunderland City Council has seen us reintroduced within the Health Champions training
programme to deliver trainin9 on emotional resilience and mental health awareness, as well as the internal
delivery of training to both SCC staff and managers as they aim to improve mental health in the workplace.
Another successful tender has provided funding to develop a new course, Building Resilience in the Work Place,
and delivery began in August 2024.
Counselling..
We have continued to work as one of the partner organisations of NHS Sunderland Talking Therapies providing
a counselling service to clients aged 16 years and over. The second phase of the single point of access is now
well eslablished with a single waiting list to offer equitable access to counselling.
We have continued to offer supporusignposting and advice via the SAFC Match Day Hub.
We have maintained a Servi￿ level agreement with two private companies to offer counselling to their
employees.
We have recommenced our volunteer programme and recently recruited further volunteers following attendance
at an in-house training programme.
Young People s Pmject..
The YPP has celebrated its 10th anniversary of continued co-production with our community, during which time
we have proudly upheld YP'S human right to have their views heard and taken seriously.
We have maintained Service Level Agreements wrth 6 secondary schools, working collaboratively with pupils
and staff, and provided outreach counselling from PopRecs.
Our volunteer programme has resumed with an overhaul of processes and training.
The Teenage Market has ensconced itself within our community, gaining significant interest from a variety of
partners. Regular markets have been held at PopRecs, and the Museum and Winter Gardens. The Young
Advisors are keen to build on existing interconnectedness, in order to further impact the wellbeing of their peers.
YPP has continued to provide internship opportunities for Durham Universitylchangemakers NE students.
Partnership work has continued with The Bunker. providing free music tuition, consolidating wellness post
counselling, and mitigating risk for YP on our waiting list.
We look foNard to seeing how this line ofwork continues to develop in the future.
Page 3

Washington Mind CIO
Trustees. report (continued)
Year ended 31 March 2024
Achievements and performance (continued)
Our impact
In the last year (1st April 2023 to 31st March 2024) we received 1,274 new referrals and supported 1,326
individuals laccessing., therapies, social support, wellbeing activities and alternativeltherapeutic group-work). We
have dealt with 100,809 telephone, texts and email enquiries, delivered training to 1.033 participants and have
31 active volunteers. Our wellbeinginfo website received 106,686 unique visitors last year and our stats show this
site is often used by people during the night and at weekends, making it an invaluable resource when traditional
support is not available. In addition to this, our main base the Lrfe House received over 27,956 visitors during this
period and caters for children and adults of all ages.
Our support is built around choice, and current activities include.. information resources (including websites and
digital resources). counselling, alternative therapies, telephone support, therapeutic group work, psychtF
educational sessions, wellbeing activities. training and volunteering opportunrties. Genuine service involvement is
at the heart of all that we do and we endeavour to challenge and reduce stigma and discrimination.
We disseminate mental health and wellbeing information through a variety of media, including external
publications, our own publications, a text service, our database, social media, surveys, our online direclory,
information factsheets. our website, films, service leaflets and promotional items.
• Volunteers
Volunteers play an important role in the charitys work and we have re*stablished our volunteer programme
following a pause due to the pandemic. Roles include administration, group work facilitators. café assistants,
counselling and fundraising activities. Our main area of student placements and volunteering is counselling in
our young peoples and adult counselling projects. Their contribution towards the service helps us to over-
perform on targets, reduce waiting lists and provide a safe, supportive, learning environment in which
counsellors Can flourish.
• Fundralsing activities and Income generation
Washington Mind abide by the fundraising code of practice. All funding is received to meet the objectives of the
seNice. Our main source of income is grant funding. However we do have an active presence in the community
which enables us to receive donations from those people who have been fundraising on our behalf. The charity
does not make any material expenditure to raise income and has no plans to do so in the future.
A designated Fundraising Coordinator and sessional Bid Writer have helped us increase our core funding and
raise awareness across our community. We recognise that it is now more important as we face the cost of living
crisis to plan effectively for our future income and have a variety of income streams in the future.
Page 4

Washington Mind CIO
Trustees. report {continued)
Year ended 31 March 2024
Financial review
Financial performance and position
Washington Mind have implemented robust financial monitoring systems to ensure that the charitls resources
continue to be properly managed and safeguarded. During the year our income fell to £865,722, a fall of 7°/0
however our cost increased by 5°h, to £977,220.
Our restricted funds decreased this year following a transfer of funds to unrestricted, representing Core costs
attributable to our restricted objects.. Using the restricted funds, we have been able to secure counselling posts
in our adult counselling team and a training initiative. Although this is gratefully ￿ceiVed and a positive for the
Charity and the year ahead, we still emphasise the need for higher levels of funding in order to ￿rna1n
operational as shown by the overall deficit for the year of £111.498.
The trustees consider that our unrestricted current asset resources of £79,916, while excluding unrestricted
creditors
see note 14, at the 31st March 2024 and at the date of signing our accounts are sufficient to meet
current ongoing operational obligations.
Golng concern
After making appropriate enquiries, the trustees have a reasonable expectation that the charity has adequate
resources to continue in operational existence for the foreseeable future. For this reason they continue to adopt
the going concern basis in preparing the financial statements.
• Reserves policy
The management board has continued to pay scrutiny to the CharIt￿S requirements for reserves. The year has
been another successful one for Washington Mind, but we appreciate that the threat of difficult times continues
to lie ahead due to the many changing circumstances out of our control, including the global financial difficulties
from the impact of the pandemic and continuing lockdown restrictions. This however does not change our view
on the amounts necessary to fund core activities which have increased over the last year. We aim to hold
undesignated reserves of between 3 and 6 months core costs.
Undesignated unrestricted reserves are £53,808. These are held to enable Washington Mind to fund its core
team and running costs in the short term, as well as day-to-day running Costs, outside of covered project costs.
The trustees are satisfied that the current reserves are within the target range set but continue to monitor the
position closely.
Prlnclpal risks and uncertainties
The trustees have examined the major risk5 which the charity faces in relation to external factors, governance
and management, internal operation5 and business. The likelihood and impact of risks and what system5 should
be in place to control and reduce those risks are kept under rewew by the management committee throughout
the year.
Washington Mind's Risk Register includes risks regarding governance, operational, financial. external factors
and compliance with law and regulation and is reviewed regularly. Trustees consider potential risks when
planning and managing the charivs business. Risk management is an agenda item on every Committee
meeting. Systems are designed to provide reasonable, although not absolute, assurance against material loss or
misstatement of loss.
Page 5

Washington Mind CIO
Trustees. report {continued)
Year ended 31 March 2024
Structure, governance and management
Constitution
Washington Mind CIO is a registered charity, number 1156010.
Washington Mind is a well-established local Charitable Incorporated Organisation governed by its Memorandum
and Articles of Association, who have been delivering mental health and wellbeing support since 1981. We are
affiliated to national Mind and are one of around 100 Local Mind Associations. Each one is an independent
charity run by local people, for local people and we are responsible for our own funding and services. Mind
provides a nationwide support ne￿Ork including access to legal advice and other reSoU￿es.
Methods of appointment or election of trustees
Trustees are recruited and selected using safer recruitment processes. We advertise openly to actively promote
equality of opportunity for all and welcome applications from a wide range of candidates. We select all
candidates for interview based on their skills. qualifications and experience, including lived-experience of mental
health issues. All trustees must complete an application form and if shortlisted are inteNiewed at the Life House.
Short listing and interviewing are carried out by more than one person, usually the CEO and one other trustee. If
accepted, the Chairperson will then confinn in writing the acceptance of their application to become a trustee.
They will be formally appointed at the next board meeting. Washington Mind in its duty of care to our client group
will check references and request a DBS check for all trustees. We complete a trustee skills audit to ensure the
right mix of talent. skills and potential are on the board and we can address gaps.
New trustees are inducted to the organisation through meetings with other trustees and senior staff. Additional
training is provided as required.
• Organisatlonal structure and decislon-making policies
Washington Mind has a management committee who are responsible for the strategic direction of the
organisation. At present the Committee has seven members from a variety of backgrounds relevant to the work
of the charitable company. The Chief Executive Officer is appointed by the trustees and is responsible for all
aspects of the charitys operations, including obtaining adequate funding to finance the charity's services. The
complete organisational structure consists of a CEO. accountable to the Management Committee with four
Senior Managers accountable to the Chief Executive Officer. They are the Business Support Manager, Training
Manager, Lead Young Peoples Counsellor and Lead Counsellor, who all have clinical andlor line management
responsibilities for the administration, project and counselling staff. There are six members of staff in the support
team and eleven staff in the clinical teams, a trainer, a youth worker and we also employ a cleaner.
All staff are interviewed and an assessment is carried out of their skills, qualifications and experience against
their job description and capability. Comparative salaries are sought and benchmarked against suitable pay
scales, using other Local Minds and similar organisations e.g. counselling services. For new posts we use NHS
Bands and NJC pay scales as guides, which are used widely in the voluntary and community sectors, (although
they are local government scales negotiated by the employer and trade union sides of the National Joint Council
for Local Government SeNices).
Plans for future periods
Project Goals 2024 - 2027 for each projectlpriority area:
The Life House
Community engagement will be top of our agenda working with our service users and wider community to
ensure our services are current and meeting the needs of the publi¢. We will accomplish this by the
delivery of community groups and activities which will support the wellbeing of people of all ages. Our
SeNi￿S will be enhanced by sharing community self-help and wellbeing resources including the use of
Page 6

Washington Mind CIO
Trustees, report {continued)
Year ended 31 March 2024
Plans for future periods (continued)
social media, keeping innovative digital resources remaining at the fore-front of our communities.
Training
The training project will be developed to meet the needs of the organisation and our community. We will
further establish our training programme through the continuation of our relationships with businesses,
educational providers, organisations and commissioners. A blended approach will include online and face
to face to delivery. All training will continue to be delivered to a high standard whilst generating income and
supporting sustainability.
Counselling
To actively work towards achieving key perfomance targets whilst continuing to offer an inclusive and
flexible service and a high-quality standard of care. We will maintain our British Association of Counselling
Professionals (BACP) Service Accredilation status and our staff will remain committed to ongoing
Continual Professional Development (CPD).
Young People s Project
We will continue to co-produce a quality assured. community focused model to support mental wellness,.
offering free, accessible. holistic and young person centred support. We will work with partners to create
opportunities across the City, in a way that meets the complex and intersecting needs of young people's
contexts. We will remain adaptive, responsive and hopeful. and will routinely review and evaluate our
ongoing partnership with young people.
Our People
The people who use our services are our most valued resource, and we will continue to Co-produce and
reconfigure our offer in order to meet their needs and preferences. Our competent and fully qualified team
will continue to care deeply about the services they provide and the people who they work in partnership
with.
Our Communlty
We will continue with our commitment to delivering a community approach to mental health support and
suicide prevention. As an active member of the voluntary and community sector, we will engage with our
local community increase understanding, raise awareness and break down barriers for people
expertencing mentsl health issues.
Our Offer
An accredited quality assured seNice provider based in the local community and accessible to all. Our
support will include training and volunteering opportunities, counselling, the provision of a wellbeing
focused venue with a community café and activities, social support, alternative therapies, group work, the
arts, exercise, information and digital resources.
Our Sustainability
We will invest in and maximise our resources to ensure the organisation's stability. We will continue to invest in
our staff and partnerships and source a wider range of funding and generate income, to strengthen our offer.
Robust monitoring systems will ensure that the charity's resources continue to be properly managed and
safeguarded, with sufficient reserves to deliver safely. We will continue with our robust financial monitoring
systems to ensure that the Charity's resources continue to be properly managed and safeguarded.
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Washington Mind CIO
Trustees. report (continued)
Year ended 31 March 2024
Approved by order of the members of the board of trustees on 10 October 2024 and signed on their behalf by:
Bernadette Cornish
Trustee
Page 8

Washington Mind CIO
Statement of trustees, responsibilities
Year ended 31 March 2024
The trustees are responsible for preparing the truslees, report and the financial statements in accordance with
applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting
Practice).
The law applicable to charities in England & Wales requires the trustees to prepare financial statements for each
financial which give a true and fair view of the state of affairs of the charity and of its incoming resources and
applicalion of resources, including its income and expenditure, for that period. In preparing these financial
statements, the trustees are required to..
select suitable accounting policies and then apply them Consistently.,
observe the methods and principles of the Charities SORP IFRS 102)-
make judgments and accounting estimates that are reasonable and prudent.,
state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material
departures disclosed and explained in the financial statements.,
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the
charity will continue in business.
The trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the
charity's transactions and disclose with reasonable accuracy at any time the financial position of the charity and
enable them to ensure thal the financial statements comply with the Charities Act 2011, the Charity {Accounts
and Reports) Regulations 2008 and the provisions of the Trust deed. They are also responsible for safeguarding
the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and
other irregularities.
Approved by order of the members of the board of trustees on 10 October 2024 and signed on its behalf by..
Bernadette Cornish
Trustee
Page 9

Independent examiner's report
Year ended 31 March 2024
Independent examiner's report to the trustees of Washington Mind CIO {'the charity,)
I report to the charity trustees on my examination of the accounts of the charty for the year ended 31 March
2024.
Responsibilities and basis of report
As the truslees of the charity you are responsible for the preparation of the accounts in accordan￿ with the
requirements of the Charities Act 2011 ('the 2011 Act,).
I report in respect of my examination of the charity's accounts carried out under section 145 of the 2011 Act and
in carrying out my examination I have followed the applicable Directions given by the Charity Commission under
section 145{5)(b) of the 2011 Act.
Independent examinerfs statement
Since the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in
section 145 of the 2011 Act. I confirm that l am qualified to undertake the examination because l am a member
of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.
Your attention is drawn to the fact that the charity has prepared the accounts in accordance with Accounting and
Reporting by Charities. Statement of Recommended Practice applicable to Charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in
preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April
2005 which is referred to in the extant regulations but has been withdrawn.
l understand that this has been done in order for the accounts to provide a true and fair view in accordance with
the Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
I have completed my examination. I confirm that no matters have come to my attention in connection with the
examination giving me cause to believe that in any material respect..
accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act- or
the accounts do not accord with those records,. or
the accounts do not comply with the applicable requirements concerning the form and content of
accounts set out in the Charities (Accounts and Reports} Regulations 2008 other than any requirement
that the accounts give a 'true and fairf view which is not a matter considered as part of an independent
examination.
I have no concerns and have come across no other matters in connection with the examination to which
attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
This report is made solely to the charitys trustees, as a body, in accordance with Part 4 of the Charities
(Accounts and Reports) Regulations 2008. My work has been undertaken so that I might state to the charitys
trustees those matters l am required to stale to them in an independent examiner's report and for no other
purpose. To the fullest extent permitted by law. I do not accept or assume responsibility to anyone other than the
charity and the charity'5 trustees as a body, for my work or for this report.
Page 10

Independent examiner's report (continued)
Year ended 31 March 2024
Signed..
Dated.. 10 October 2024
Anne Hallowell
Bsc FCA DChA
UNW LLP
Newcastle upon Tyne
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Washington Mind CIO
Statement of financial activities
Year ended 31 March 2024
Unrestricted
funds
2024
Restricted
funds
2024
Total
funds
2024
Totsl
funds
2023
Note
Income from:
Donations and legacies
Charitable activities
Investments
162,034
668,764
35,510
820,798
35,510
9,414
883.897
48,281
3,604
9,414
Total income
161,448
704,274
865,722
935,782
Expenditure on:
Charitsble activities
222,358
754,862
977,220
928.120
Total expenditure
222,358
754,862
977,220
928,120
Net (expenditure)lincome
Transfers be￿een funds
(60,910)
105,56S
(50,5881
(105,565>
(111,4981
7,662
13
Net movement in funds
44,655
(156,153)
1111.498)
7,662
Reconciliation of funds:
Total funds brought forward
Net movement in funds
128,407
44,655
1,054,034
1156,153)
1,182,441
(111,498)
1,174,779
7,662
Total funds carried forward
173,062
897,881
1,070,943
1,182,441
The notes on pages 15 to 29 form part of these financial statements.
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Washington Mind CIO
Balance sheet
At 31 March 2024
2024
2023
Note
Fixed assets
Intangible assets
Tangible assets
5,998
114,432
11,109
111,259
120.430
122,368
Current assets
Debtors
Cash at bank and in hand
10
212,697
1,091,911
424,942
999,139
1,304.608
1,424,081
Creditors.. amounts falling due within one
year
11
(278,910)
(213,992)
Net current assets
1,146,128
1,332,457
Total assets less current liabilities
1,146,128
1,332,457
Creditors.. amounts falling due after more
than one year
12
(75,185)
(150,016)
Net assets
1,070,943
1,182,441
Charity funds
Restricted funds
Unrestricted funds
13
13
897,881
173,062
1,054.034
128,407
Total funds
1,070,943
1,182.441
The financial statements were approved and authorised for issue by the trustees on 10 October 2024 and signed
on their behalf by:
Bernadette Cornish
Trustee
Charity registered number.. 1156010
The notes on pages 15 to 29 form part of these financial statements.
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Washington Mind CIO
Statement of cash flows
Year ended 31 March 2024
2024
2023
Cash flows from operating activities
Net cash used in operating activities (see note 15)
117,700
(13,404)
Cash flows from investing activities
Purchase of intangible assets
Purchase of tangible fixed assets
(2,153)
{1,600)
(24,9281
Net ¢ash used in Investing actlvities
(24,928)
(3,7531
Cash flows from financing activities
Net cash provided by financing activities
Change In cash and cash equivalents in the year
Cash and cash equivalents at the beginning of the year
92,772
(17,157)
1,016,296
999,139
Cash and cash equivalents at the end of the year
1,091,911
999,139
The notes on pages 15 to 29 form part of these financial statements
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Washington Mind CIO
Notes to the financial statements
Year ended 31 March 2024
Accounting policies
1.1 Basis of preparation of financial statements
The financial statements have been prepared in accordance with the Charities SORP (FRS 102)
Accounting and Reporting by Charities-. Statement of Recommended Practice applicable to charities
preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK
and Republic of Ireland ('FRS 102,) (effective 1 January 2019), the Financial Reporting Standard
applicable in the UK and Republic of Ireland ('FRS 102,1 and the Charities Act 2011.
The financial statements have been prepared to give a 'true and fair, view and have departed from
the Charities {A¢¢ounts and Reports) Regulations 2008 only to the extent required to provide a Yrue
and fair, view. This departure has involved following the Charities SORP (FRS 102} published in
October 2019 rather than the Accounting and Reporting by Charities.. Statement of Recommended
Practice effective from 1 April 2005 which has since been withdrawn.
Washington Mind CIO meets the definition of a public benefit entity under FRS 102. Assets and
liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the
relevant accounling policy.
The financial statements are presented in pounds sterling which is the functional currency of the
charity and are rounded to the nearest £1.
1.2 Going concern
As noted in the trustees, report, the charity's activities continue to be supported by external donations
and grants, continued support from its primary funders supports the going concern status of the
charity.
Given the substsntial cash balances and anticipated spend over the coming 12 months, the trustees
have a reasonable expectation that the charity has adequate resources to continue in operational
existence for the foreseeable future. For this reason they continue to adopt the going concern basis
in preparing the financial statements.
1.3 Income
All income is re¢ognised once the charity has entitlement to the income, it is probable that the income
will be received and the amount of income receivable can be measured reliably.
Grants are included in the statement of financial activities on a receivable basi5. The balance of
income received for specific purposes but not expended during the period is shown in the relevant
funds on the balance sheet. Where income is received in advance of entitlement of receipt, its
recognition is deferred and included in creditors as deferred income. Where entitlement occurs
before income is received, the income is accrued.
Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is
recognised at the time of the donation.
Income tax recoverable in relation to investment income is recognised at the time Ihe investment
income is receivable.
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Washington Mind CIO
Notes to the financial statements
Year ended 31 March 2024
Accounting policies {continued)
1.4 Expenditure
Expenditure is accounted for on an accruals basis and has been included under expense categories
that aggregate all costs for allocation to activities. Where costs cannot be directly attributed to
particular activities they have been allocated on a basis consistent with the use of the resources.
Support costs are those costs incurred directly in support of expenditure on the objects of the charity.
including those incurred in connection with the administration of the charty and compliance with
constituitional and statutory requirements. They are apportioned against the activities of the charity in
line with the estimated usage of those costs.
Expenditure on charrtable activities is incurred on directly undertaking the activities which further the
Charitys objectives, as well as any associated support costs.
All expenditure is inclusive of irrecoverable VAT.
1.5 Intanglble assets and amortlsatlon
Intangible assets costing £1,500 or more are capitslised and recognised when future economic
benefits are probable and the Cost or value of the asset can be measured reliably.
Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible
assets are measured at cost less any accumulated amortisation and any a¢¢umulated impaimient
losses.
Amortisation is provided on intangible assets at rates calculated to write off the cost of each asset on
a straighl line basis over its expected useful life.
Amortisation is provided on the following basis:
Computer soknre
20 0/0 Straight line
1.6 Tangible fixed assets and depreciation
Tangible fixed assets costing £1,500 or more are capitalised and recognised when future economic
benefits are probable and the cost or value of the asset can be measured reliably.
Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible
fixed assets are measured at cost less accumulated depreciation and any accumulaled impaimient
losses. All costs incurred to bring a tangible fixed asset into ils intended working condition should be
included in the measurement of cost.
Depreciation is charged so as to allocate the cost of tangible fixed assets less their residual value
over their estimated useful lives.
Depreciation is provided on the following bases..
Property improvements
Motor vehicles
Equipment
Garden Project
1 OQA straight line
200/0 Straight line
33.330/0 Straight line
1 OOA straight line
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Washington Mind CIO
Notes to the financial statements
Year ended 31 March 2024
Accounting policies {continued)
1.7 Debtors
Trade and other debtors are recognised at the settlement amount after any trade discount offered.
Prepayments are valued at the amount prepaid net of any trade discounts due.
1.8 Cash and cash equivalents
Cash and cash equivalents includes cash in hand.
1.9 Liabilities and provisions
Liabilities are recognised when there is an obligation at the balance sheet date as a result of a past
event, it is probable that a transfer of economic benefit will be required in settlement, and the amount
of the settlement can be estimated reliably.
Liabilities are recognised at the amount that the charity anticipates it will pay to settle the debt or the
amount it has received as advanced payments for the goods or services it must provide.
1.10 Financial instruments
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial
instruments. Basic financial instruments are initially recognised at transaction value and subsequently
measured at their settlement value.
1.11 Operatlng leases
Rentals paid under operating leases are Charged to the statement of financial activities on a straight
line basis over the lease term.
1.12 Pensions
The charity operates a defined contribution pension scheme and the pension charge represents the
amounts payable by the charity to the fund in respect of the year.
1.13 Fund accounting
General funds are unrestricted funds which are available for use at the discretion of the trustees in
furtherance of the general objectives of the charity and which have not been designated for other
purposes.
Designated funds comprise unrestricted funds that have been set aside by the trustees for particular
purposes. The aim and use of each designated fund is set out in the notes to the financial
statements.
Restricted funds are funds which are to be used in accordance with specific restrictions imposed by
donors or which have been raised by the Charity for particular purposes. The costs of raising and
administering such funds are charged against the specific fund. The aim and use of each restricted
fund is set out in the notes to the financial statements.
Page 17

Washington Mind CIO
Notes to the financial statements
Year ended 31 March 2024
Accounting policies Icontinuedl
1.14 Critical accounting estimates and areas of judgment
Estimates and judgements are continually evaluated and are based on historical experience and
other factors, including expectations of future events that are believed to be reasonable under the
circumstances.
Estimates included within these financial statements include depreciation and amortisation charges.
None of the estimates made are considered to carry significant estimation uncertainly, nor to bear
significant risk of causing a material adjustment to carrying amounts of assets and liabilities within the
next financial year.
In preparing these financial statements the trustees do not consider there were any significant areas
of judgement that were required in applying the charity's accounting policies as set out above.
Income from donations and legacies
Unrestricted Restricted
funds
funds
2024
2024
Total
funds
2024
Donations and grants
152,034
668,764
820,798
Unrestricted
funds
2023
Restricted
funds
2023
Total
funds
2023
Donations and grants
150,068
733,829
883,897
Page 18

Washington Mind CIO
Notes to the financial statements
Year ended 31 March 2024
Donations and Grants
Donations and grants above £5,000 have been disclosed in the table below with grant below Ihis
threshold disclosed within other grants and donations.
Unrestricted Restricted
funds
funds
2024
2024
Total
funds
2024
NHS North East & North Cumbria ICB
Sunderland City Council
Cumbria, Northumberland, Tyne and Wear NHS Foundation
Trust
Mind
Schools and Academies
Roseline
Garfield Weston Foundation
35,000
207,178
137,205
242,178
137,205
217.615
34,493
32,860
1,500
217,615
34.493
32,860
21,500
15,000
5,000
5,400
109,547
20,000
15,000
5,000
Sir James Knott
National Lottery Community Foundation
Other grants and donations
5,400
32,513
77,034
Total 2024
152,034
668.764
820,798
Unrestricted
funds
2023
Restricted
funds
2023
Total
funds
2023
Foundation of Light
NHS Sunderland CCG
Sunderland Crty Council
South Tyneside Council
Mind
Community Foundation
Schools and Academies
other grants and donations
6,745
6,745
504,767
89,599
40,840
49,500
9,373
17,250
165,823
504,767
89,599
40,840
49,500
9.373
17,250
22,500
143,323
Total 2023
150,068
733,829
883,897
Page 19

Washington Mind CIO
Notes to the financial statements
Year ended 31 March 2024
Income from charitable activities
Restricted
funds
2024
Total
funds
2024
Total
funds
2023
Training sessions
35,510
35.510
48,281
Analysis of expenditure by activities
Activities
undertaken
directly
2024
Support
costs
2024
Total
funds
2024
Core
147,289
304,088
32,972
183.032
180.135
75,069
15,195
9.054
11.226
19,160
222,358
319,283
42,026
194,258
199,295
Community
Training
Counselling
Young People
847,516
129,704
977,220
Activities
undertaken
directly
2023
Support
costs
2023
Total
funds
2023
Core
Community
Training
Counselling
Young People
134,206
262,749
49,847
169,744
179,785
77,801
15.015
8,947
11,093
18,933
212.007
277,764
58,794
180,837
198.718
796,331
131,789
928,120
Page 20

Washington Mind CIO
Notes to the financial statements
Year ended 31 March 2024
Analysis of expenditure by activities (continued)
Analysis of support costs
Total
funds
2024
Total
funds
2023
Depreciation and amortisation
Office expenses
Building costs
Legal and professional fees
Travel
IT costs
Insurance
26,866
37,675
24,715
16,387
1,357
15,403
7,301
36,817
45,006
16,668
11,389
652
13,301
7,956
129,704
131,789
Independent examlner's remuneration
The independent examiner's remuneration amounts to an independent @xaminer fee of £4.000 {2023
£3,800).
Stsff costs
2024
2023
Wages and salaries
Social security costs
Contribution lo defined contribution pension schemes
598,776
46,063
28,914
561,994
43,244
24,210
673,753
629,448
The average number of persons employed by the charity during the year was as follows..
2024
2023
staff
27
27
Page 21

Washington Mind CIO
Notes to the financial statements
Year ended 31 March 2024
Staff costs (continued)
No employee received remuneration amounting to more than £60,000 in either year.
The charity considers its key management personnel to comprise of the trustees, the Chief Executive and
the service delivery managers. The total employee benefits of the key management personnel were
£169,018 {2023: £165,686).
During the year and prior year, no trustees received any remuneration or reimbursement of expenses.
Intangible assets
Computer
software
Cost
At 1 April 2023
25.553
At 31 March 2024
25,553
Amortisation
At 1 April 2023
Charge for the year
14,444
5.111
At 31 March 2024
19,555
Net book value
At 31 March 2024
5,998
At 31 March 2023
11,109
Page 22

Washington Mind CIO
Notes to the financial statements
Year ended 31 March 2024
Tangible fixed assets
Motor
vehicles
Garden
project
Property
Equlpment
Total
Cost
At 1 April 2023
Additions
128,763
21,197
23,000
6,284
125,353
3,731
283,400
24,928
At 31 March 2024
149,960
23.000
6,284
129,084
308,328
Depreciation
At 1 April 2023
Charge for the year
128,761
820
11,500
7,590
5,782
502
26.098
12,843
172,141
21,755
At 31 March 2024
129,581
19,090
6,284
38,941
193,896
Net book value
At 31 March 2024
20,379
3,910
90,143
114,432
At 31 March 2023
11.500
502
99,255
111.259
10. Debtors
2024
2023
Trade debtors
other debtors
Prepayments and accrued income
210,802
26
1,869
378,071
26
46.845
212,697
424,942
Page 23

Washington Mind CIO
Notes to the financial statements
Year ended 31 March 2024
11. Creditors: amounts falling due within one year
2024
2023
Trade creditors
Other taxation and social security
Other creditors
Accruals and deferred income
5,567
17.597
120
255,626
2.770
12,660
120
198,442
278,910
213,992
2024
2023
Deferred income at 1 April 2023
Resources deferred during the year
Amounts released from previous periods
340,483
184,366
251,980
340,483
(265,652) {184,366)
326,811
340,483
12. Creditors: amounts falling due after more than one year
2024
2023
Accruals and deferred income
75,185
150,016
Page 24

Washington Mind CIO
Notes to the financial statements
Year ended 31 March 2024
13.
statement of funds
Statement of funds - current year
Balance at
31 March
2024
Balance at 1
April 2023
Transfers
inlout
Income Expenditure
Unrestricted funds
Designated funds
Life House
Redundancy
Garden Project
12)
119,254
5,857
119,254
(12,843)
6,986
125,113
{12,845
6,986
119,254
General funds
General Funds
3.294
161,448
(209,513)
98,579
53,808
Total Unrestricted funds
128,407
161,448
(222,3581
105,565
173,062
Restricted funds
Counselling
Training
Young People
Community
106,856
345,993
481,273
119,912
220,345
35,510
155,042
293,377
(194,258)
(42,026)
(199,295)
(319,283
{33,052)
(5,250)
(23,256)
(44,0071
99,891
334,227
413,764
49,999
1,054,034
704,274
{754,862) (105.565)
897,881
Total funds
1,182,441
865,722
(977,220)
1,070,943
Page 25

Washington Mind CIO
Notes to the financial statements
Year ended 31 March 2024
13.
Statement of funds (continued)
Statement of funds - prior year
Balance at
31 March
2023
Balance at
1 April 2022
Income Expenditure
Unrestricted funds
Designated funds
Life House
Redundancy
Garden Project
12,878
119,254
18,393
(12,8761
119,254
5,857
(12,536)
150,525
{25,412)
125,113
General funds
Unrestricted funds
36,217
153,672
(186,595)
3,294
Total Unrestricted funds
186,742
153,672
(212,007)
128,407
Restricted funds
Counselling
Training
Young People
Community
96,422
360,089
413,893
117,633
201,207
48,281
262,703
269.919
(190.773)
(62,377)
(195,323)
(267,640)
106,856
345,993
481,273
119.912
988,037
782,110
{716,113) 1,054,034
Total funds
1,174,779
935.782
(928.1201 1,182.441
Page 26

Washington Mind CIO
Notes to the financial statements
Year ended 31 March 2024
14. Analysis of net assets between funds
Analysis of net assets between funds - current period
Unrestricted Restricted
funds
funds
2024
2024
Total
funds
2024
Tangible fixed assets
Intangible fixed assets
Current assets
Creditors due within one year
Creditors due in more than one year
114,432
114,432
5,998
5,998
79,916
1,224,692
1,304,608
(27,284) (251,626) {278,910)
(75,185)
(75,1851
Total
173,062
897,881
1,070,943
Analysis of net assets between funds - prlor perlod
Unrestricted
funds
2023
Restricted
funds
2023
Total
funds
2023
Tangible fixed assets
Intangible fixed assets
Current assets
Creditors due within one year
Creditors due in more than one year
111,259
11,109
29,564
{23,525)
111,259
11,109
1,394,517
1,424.081
(190,467) (213,992)
(150,016) (150,016)
Total
128,407
1,054,034
1,182,441
Page 27

Washington Mind CIO
Notes to the financial statements
Year ended 31 March 2024
15. Reconciliation of net movement in funds to net cash flow from operating activities
2024
2023
Net incomelexpenditure for the period (as per Statement of Financial
Activities)
(111,498)
7,662
Adjustments for:
Depreciation charges
Amortisation charges
(Increase) I decrease in debtors
Increase l (decrease) in creditors
21,755
5,111
212,246
{9,9131
31,778
5,039
(216,642)
158,759
Net cash provided byl(used in) operating activities
117,700
(13,404)
16. Analysis of cash and cash equivalents
2024
2023
Cash in hand
1,091,911
999,139
17. Analysis of changes in net debt
At 1 April
2023 Cash flows
At 31 March
2024
Cash at bank and in hand
999,139
92,772
1,091,911
18. Penslon commitments
The charity operates a defined contributions pension scheme. The assets of the scheme are held
separately from those of the charity in an independently administered fund. The pension Cost charge
represents contribution5 payable by the charity to the fund and amounted to £28,914 12023.. £24,210).
Contributions totalling £4,964 {2023'. £3,702) were payable to the fund at the balance sheet date and are
included in creditor5.
Page 28

Washington Mind CIO
Notes to the financial statements
Year ended 31 March 2024
19.
Operating lease commitments
At 31 March 2024 the charity had commitments to make future minimum lease payments under non-
cancellable operating leases as follows..
2024
2023
Not later than 1 year
Later than 1 year and not later than 5 years
2,668
10,673
1,097
660
13,341
1,757
20. Related party transactions
There were no related paty transactions within the year (2023.. none).
Page 29