2023-03-31-accounts - Pembrokeshire and Carmarthen Mind Ltd

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Contents	of	the Financial Statements
for the	Year Ended 31March 2023
				Page
Refereace and Administrative		Details
Report ofthe Trustees			2	to	11
Report ofthe Independent	Auditors		12	to	14
Statement ofFinancial Activities				15
Balance Sheet			16	to	17
Cash Flow Statement				18
Notes to the Financial Statements			19	to	29
Detaged Statement ofFinancial		Activities	30	to	31

TRUSTEES	Mr RH Rastall
	Mr SFletcher
	Mr SPortwood (resigned 6.5,22)
	Mrs HFA Fraacis
	Mr D H Lloyd - Chairperson
	Mrs KA Madden
	Mrs A Little (appointed 21.9.23)
	Mr PDavies (appointed 21.9.23)
	Cttr RSinnett (appointed 16.5.23)
COMPANY SECRETARY	Ms TPrice
REGISTERED OFFICE	2Penutr Road
	Haverfordwest
	Pembrokeshire
	SA61 2HD
REGISTERED COMPANY	OS521406 (England	and Wales)
NUMBER
REGISTERED CHARITY	1157041
NUMBER
AUDITORS	Ashmole and Co.
	Chartered Certified	Accountants	and Statutory
	Auditors
	Williamston House
	7 Goat Street
	Haverfordwest
	Pembrokeshire
	SA61 IPX
	Unity Trust Bank
	9Brindley Plat:e
	Birmingham
	Bl2HB

					31.3.23	31.3.22
			Unrestricted	Restricted	Total	Total
			funds	funds	funds	funds
		Notes	f.	6
INCOME AND ENDOWMENTS FROM
Doaations aud legacies		2	26,866		26,866	141,725
Charitable activities
Resource centre				469,529	469,529	483,742
Carers				17,114	17,114	18,943
Supported housing			18,499	353,935	372,434	365,705
Other income				35,902	~35902	20,768
Total			~45 365	~876 4EO	~921845	~1030EB3
EXPENDITURE	ON
Raising funds		4	8,041		8,041	5,910
Charitable activities
Resource centre				484397	484,297	407,234
Carers				13,717	13,717	15,745
Supported housing			17,932	~376553	~394485	340,254
Total			~25 973	~874 567	~900540	~769 143
NET INCOME Transfers between	funds	17	19,392 ~1172	1,913 1 172	21,305	261,740
Nct movement in	funds		18,220	3,0E5	21,305	261,740
RECONCILIATION OF FUNDS
Total funds brought	forward		314,992	677427	992,219	730,479
TOTAL FUNDS CARRIED FORWARD			~333 12	~680 312	~1013524	992,219

Mind Pembrokes	hire Limited (Registered n	hire Limited (Registered n	umber: 085214	06)
	Balance Sheet
	31March 2023
				31.3.23	31.3.22
		Unrestricted	Restricted	Total	Total
		funds	funds	funds	funds
	Notes	f.
FIXEDASSETS
Tangible assets	13	198,761	236,942	435,703	443,154
CURRENT ASSETS
Debtors	14	685	60,796	61,481	165,759
Cash at bank		~152366	~420 591	572 957	487 676
		153,051	481,387	634,438	653,435
CREDITORS
Amounts falling due within one year	15	(18,600)	(38,017)	(56,617)	(104,370)
NET CURRENT ASSETS		~134451	~443 370	~577 821	549065
TOTAL ASSETSLESSCURRENT
LIABILITIES		333,212	680,312	1,013,524	992,219
NETASSETS		333,212	680,312	1,013,524	~992219
FUNDS	17
Unrestricted funds				333,212	314,992
Restricted funds				~680 312	~677227
TOTAL FUNDS				~1013524	~992 219

				Cash Flaw Statement
			for the	Year Ended 31March	2023
					31.3.23	31.3.22
			Notes			8
Cash flows from operating		activities
Cash generated fiom operations			19		100,161	172,662
Net cash provided by operating activities					~100 161	~172662
Cash flows from investing		activities
Purchase oftangible fixed	assets				9,819	~214,074
Net cash used in investing	activities				~9,819)	~214,074)
Change in cash and cash	equivalents		in
the reporting period					90,342	(4f412)
Cash aad cash equivalents		at the
beginning ofthe reporting		period	20		464,013	505,425
Cash and cash equivalents		at the end	of
the reporting period			20		~554 355	~464 013

	DONATIONS	DONATIONS		AND LEGACIES	AND LEGACIES
								31.323	31.3.22
	Management		fee					1,913	18,829
	Donations							~24 953	~122896
								26,866	141,725
3.	INCOME	FROM			CHARITABLE ACTIVITIES
								31.3.23	31.3.22
					Activity				6
	Grants				Resource	centre		469,529	483,742
	Grants				Carers			17,114	18,943
	Grants				Supported	housing		~372433	~365705
								859,076	868,390
	RAISING	FUNDS
	Raising donations				and legacies
								31.3.23	31.3.22
									f.
	Staffcosts							4,126	3,438
	Staffexpenses							70	127
	Office costs							783	770
	lnsurances	and		subscriptions				1,081	334
	Depreciation							1,981	1,241
								~8041	~5910
5.	CHARITABLE ACTIVITIES COSTS
							Direct	Support
							Costs (see	costs (see
							note 6)	note 7)	Totals
							6	6
	Resource centre						387,369	96,92E	484,297
	Csrers						10,361	3,356	13,717
	Supported	housing					321,64E	72,837	394,485
							~719378	~173 121	~892499

	DIRECT COSTS	OFCHARITABLE ACTI	VITIES
				31.3.23	31.3.22
	Staffcosts			584,116	461,785
	Office rent and water rates			35,464	30,559
	Pembs Housing Association			15,157	14,715
	Light and heat			15,045	12,717
	Repairs and maintenance			14,752	52,291
	Cleaning			2,755	1,962
	Television licence	and rental		2,138	2,015
	Ref'reshments			5,604	887
	Activities			5,676	468
	Stafftravel and expenses			18,154	23,873
	I?arly intervention	charge			19,705
	Sub contractors			~20 517
				~719378	~620977
7.	SUPPORT COSTS
				Governance
			Management	costs	Totals
	Resomce centre		78,636	18,292	96,928
	Carers		2,726	630	3,356
	Supported housing		60,222	12,615	72,837
			~141584	~31537	173,121

31.3.23	31.3.22
~17270	~14968

					31.3.23	31.3.22
Fees payable to the charity's			auditors for the audit ofthe charity's	Qnsnciat
statements					4,183	2,160
Auditors'	remuneration	for	non audit work		3,300	1,800

STAFF COSTS
			31.3.23	31.3.22
Wages and salaries			614,747	494,306
Social security costs			40,576	27,435
Other pension costs			~11315	~8802
			~666638	~530543
The average monthly	number ofemployees	during the year was as follows:
			31.3.23	31.3.22
In furtherance ofcharity's objects			32	26
Administration			2	2
			34	28

2022
		Unrestricted	Restricted	Total
		funds	funds	funds
			I	6
INCOME	AND ENDOWMENTS FROM
Donations	and legacies	141,725		141,725
Charitable	activities
Resource centre			483,742	483,742
Csrers			18,943	18,943
Supported	housing	3,426	362,279	365,705
Other income			~20768	20,768
Total		~145 151 '	~885732	~1030883
EXPENDITURE ON
Raising funds		5,910		5,910
Charitable	activities
Resource centre			407,234	407,234
Carers			15,745	15,745
Supported	housing	25,917	314,337	340,254
Total		31,827	~737316	769,143

	for the Year Ende	for the Year Ende	for the Year Ende	d 31March 2	023	023
12.	COMPARATIVES FORTHE STATEMENT OF			FINANCIAL	ACTIVITIES		- 31MARCH	2022-
	continued
					Unrestricted		Restricted	Total
					funds		funds	Rnds
	NET INCOME				113,324		148,416	261,740
	RECONCILIATION	OF FUNDS
	Total funds brought forward				201,668		528,811	730,479
	TOTAL FUNDS CARRIED FORWARD			~314 992			~677 227	~992 219
13.	TANGIBLE FIXEDASSETS
							Equipment
					Freehold		and
					property		fixtures	Totals
							6
	COST
	At 1 April 2022				448,462		38,144	486,606
	Additions						9,819	9,819
	At 31March 2023				448,462		47,963	496,425
	DEPRECIATION
	At 1April 2022 Charge for year			18,816 ~8970			24,636 8,300	43,452 17,270
	At 31March 2023			~27 786			32,936	60,722
	NET BOOKVALUE
	At 31March 2023				420,676		15,027	435,703
	At 31March 2022				429,646		~13508	443,154
	The pmperty was purchased		in March 2020 by means	ofaWelsh Government		grant.
14.	DEBTORS:AMOUNTS FALLING DUE WITHIN ONE YEAR
							31.3.23	31.3.22
							8
	Orant and other debtors						61,481	165,759

						31.3.23	31.3.22
	Bank loans and overdraiis			(see note 16)		18,602	23,663
	Social security and	other taxes				13,991	2,369
	Accrued expenses					19,227	5,652
	Deferred government		grants			~4797	72,6E6
						~56617	~104370
16.	LOANS
	An analysis ofthe maturity			ofloans is given below:
						31.3.23	31.3.22
	Amounts falling due		within	one year on demand:
	Bank overdraits					~18602	23,663
17.	MOVEMENT IN	FUNDS
					Net	Transfers
					movement	between	At
				At 1.4.22	in funds	funds	31.3.23
				f.
	Unrestricted funds
	General fund			337,4E3	14,780	(1,172)	351,091
	Supported Housing	(U/R)		~22491	4,612		~17879
				314,992	19,392	(1,172)	333,212
	Restricted funds
	Resource centre			178,914	21,135		200,049
	Carers			13,616	3,397		17,013
	Supported housing Property purchase			254,466 ~230 231	(17,696) ~4,923)	1,172	236,770 ~226 480
				~677227	~1913	~1172	~680312
	TOTAL FUNDS			~992219	~21305		1,013,524

			Incoming	Resources	Movetnent
			resources	expended f	in funds f,
Unrestricted funds
General fund Supported Housing	(U/R)		26,867 ~18498	(12,087) ~13886)	14,780 ~4612
			45,365	(25,973)	19,392
Rcstrieted funds
Resource centre			505,432	(484,297)	21,135
Carers			17,114	(13,717)	3,397
Supported housing Property purchase			353,934	(371,630) ~4,923	(17,696) ~4,923
			~876480	874 567	~1913
TOTAL FUNDS			921,845	900,540	21,305
Comparatives for movement		in funds
				Net
				movement	At
			At 1.4.21	in funds	31.3.22
			f
Unrestricted funds
General fund			201,668	135,815	337,483
Supported Housing	(U/R)			~22,491	~22 491)
			201,668	113,324	314,992
Restricted funds
Resource centre			76,245	102,669	178,914
Carers			10,346	3,270	13,616
Supported housing			207,066	47,400	254,466
Property purchase			235,154	~4923)	~230231
			~528 811	~148416	677,227
TOTAL FUNDS			730,479	261,740	992,219

				Incoming	Resources	Movement
				resources	expended	in funds
				6	6
Unrestricted funds
General fund Supported Housing	(U/R)			141,725 3,426	(5,910) ~5917	135,815 ~22 491
				145,151	(31,827)	113,324
Restricted funds
Resource centre				504,508	(401,839)	102,669
Carers				18,945	(15,675)	3,270
Supported housing Property purchase				362,279	(314,879) ~4923	47,400 ~4,923
				~885 732	~3731	~148416
TOTAL FUNDS				~1030,883	~769 143	261,740
A current year 12months		and prior year 12months	combined	position is as fouows:
				Net	Transfers
				movement	between	At
			At 1.4.21	in funds	funds	31.3.23
Unrestricted funds
General fund			201,668	150,595	(1,172)	351,091
Supported Housing	(U/R)			~17,879)		~17879)
			201,668	132,716	(1,172)	333,212
Restricted funds
Resource centre			76,245	123,804		200,049
Carers			10,346	6,667		17,013
Supported housing Property purchase			207,066 235,154	29,704 ~9,846)	~1172	236,770 226,480
			~528 811	150,329	1,172	680,312
TOTAL FUNDS			730,479	283,045		1~013524

		Incoming	Resources	Movement
		resources f	expended	in funds
Uarestrictcd funds
General fund		168,592	(17,997)	150,595
Supported Housing	(U/R)	21,924	~39,803	~17,879)
		190,516	(57,800)	132,716
Restricted funds
Resource centre		1,009,940	(886,136)	123,804
Carers		36,059	(29,392)	6,667
Supported housing		716,213	(686,509)	29,704
Property purchase			~9846)	~9846
		1~762,212	(1~611883	~150329
TOTAL FUNDS		1~952728	(1~669683	~283 045

				31.3.23	31.3.22
Net income	for the	reporting	period (as per the Statement ofFinancial
Activities)				21,305	261,740
Adjustments	for:
Depreciation	charges			17,268	14,968
Decrease in	debtors			104,278	43,378
Decrease in	creditors			~42 690	~147424
Net cash provided		by operations		~100161	172,662

ANALYSI	S OF CASH AND CASH EQUIVA	LENTS
			31.3.23	31.3,22
Notice deposits (less than 3 tnonths)			572,957	487,676
Overdraits	included in bank loans and overdraits	falling due within one year	~18,602)	~23,663
Total cash	and cash equivalents		554,355	464,013

	At 1.4.22	Cash flow	At 31.3.23
	6		f.
Net cash
Cash at bank	487,676	85,281	572,957
Bank overdraft	~23 663	~5061	~18,602
	464,013	90,342	554355
Total	464,013	~90342	~554355

		Detailed Statemeat ofFinandal
		for the Year Ended 31March 2023
			31,3.23	31.3.22
INCOME AND ENDOWMENTS
Donations aad legacies
Management fee Donations			1,913 ~24 953	18,829 122 896
			26,866	141,725
Charitable activities
Grants			859,076	868,390
Other income Active monitoring	management		~35903	~20 768
Total incoming resources			921,845	1,030,883
EXPENDITURE
Raising donations	and legacies
Wages			3,815	3,184
Social security			243	192
Pensions			68	62
Stall' expenses			70	127
Office costs			783	770
Insurances and subscriptions			1,081	334
Plant snd machinery			1981	1,241
			8,041	5,910
Charitable activities
Wages			538,659	430,242
Social security			35,545	23,868
Pensions			9,912	7,675
Office rent and water rates			35,464	30,559
Pembs Housing Association			15,157	14,715
Light and heat			15,045	12,717
Repairs and maintenance			14,752	52,291
Cleaning			2,755	1,962
Television licence	snd rental		2,138	2,015
Rcfieshments			5,604	887
Activities			5,676	468
Stafftravel and expenses			18,154	23,873
Early intervention Sub contractors	charge		~20517	19,705
			719,378	620,977
Supportcosts
Management
Wages			55,159	47,053
Carried forward			55,159	47,053

	for the Year Ended 31	March 2023
		31.3.23	31.3.22
Management
Brought forward		55,159	47,053
Social security		3,652	2,551
Pensions		1,018	244
Staff expenses		1,014	1,842
Office costs		18,620	18,216
Stafftraining and recruitment		5,595	9,631
Insurances, affiliations	and subscriptions	22,967	10,433
Promotional costs		8,829	1,531
Professional fees Plant and machinery		10,803 ~13927	13,202 ~12577
		141,584	117,280
Governance costs
Wages		17,114	13,827
Social security		1,136	824
Pensions		317	821
Auditors' remuneration		4,183	2,160
Auditors' remuneration	for non audit work	3,300	1,800
Staffexpenses		315	572
Office costs		3,522	3,466
Bank charges Depreciation oftangible	fixed assets	290 ~1360	356 ~1150
		31,537	24,976
Total resources expended		~900540	~769 143
Net income		~21 305	~261740