REGISTERED COMPANY NUMBER.. Q852141J6 (England 2nd Wales) REGISTERED CIIARI'fY NUMBER: 1157041 Report of the'fruslees and Flnancixl St41ements ror the Year Ended 31 March 2025 ror PembrDkeshire and Camarthen Mind Lid Ashmole and Co. Chartered Certifid Accountants and Ststutory Audiior.s Williamslon Hous¢ 7 (ioat Sire¢i Hdverfordw¢51 Pembrokcshirc SA61 IPX A5hmole & Co. Pembrokeshire #nd CarmArthen Mind Lid Contents of the Tr'in#n¢ial StRtem¢nls for the Year Ended 31 March 2025 Page Reference and Administrative Details Report of the Tru$¢ees 2 10 11 Report of the Independent Auditorq 12 ￿ 14 Sta¢ement of Finxnci#l Acti￿ti 15 Balance Sheet 16 to 17 C4sh Flow Statement 18 Notes to the Financial Siatements 19 to 29 Detailed Ststement of FinAneiAI Aelivitios 30 10 31 Pemhrokeshire and Carmarthen Mind Ltd Reference and Admini5tTAtive Details for the Year Ended 31 March 2025 TRUSTEES Mrs H F A Franci5 (resi￿ed 13.8.24) Mr D H Lloyd Mrs K A M￿den Mts A Little Mr P Davies Cllr R Sinnett Mr R BucklLy (r¢si¥n¢d 18.5.25) Mr S Portwood (appointed 23.4.25) COMPAIYY SECRETARY Ms T Price REGISTERED OFFICE 2 PemLs Road Haverfordweqt Penibrokesl)ire SA612I-ID RF.GISTLRED C.OMPANY NUMBER 08521406 (England and Wule%) REGISTERED CHARITY NUMBER 1157041 AUDITORS As'hmole and Co, Chartered Certified Ac¢ounlan¢5 and Statutory Audiiors Williamston House 7 Goat Strect Haverfordwesl PembToke$hir SA61 IPX BAIYIKERS Unity Trust Bank 9 Brindley Pla¢e Bim)ingham BI 2HB Page I Pembroke5hire and Carmarthtn Mlnd Ltd (RtEiStered numher: 08521406) Report of the Trustees for the Year Ended 31 Marth 202. The irusiees who are also directors of the Charity for thc purposcs of ihc Coinpanies Act 2006. prtscnt their report with the finanLial s(atLments of the ch2ri1y for the year ended 31 March 2025. The trustees havc adopted the provisio￿8 of Accowiting and RerK)rting by Charilics: Statement of Recommended Practi¢¢ applicable lo charitics preparing their *¢counts in accordance with the Financial Reponing Standard applicable in rhe UK and Republic of lffland (FRS 102) (eff¢¢iiv¢ l January 2019). Page 2 Pembrokeshire And Carm8rthen Mind Ltd (Registered number.. 08521406) Report of the Trustees ror the Year Ended 31 March 2024 OWEC.TIVES AND ACTIVITIES Pcmbrokeshir¢ and Cann&rthcD Mind Limiied works for a bcttcr life for everyone with dir¢¥t or indiTccI expcricncc of mental health probIen￿. W¢ promote a positive attiiude to meDtsI, ¢moiional and physical wellbeing. We do this by: - Listening to th¢ views, needs and ambitions of s￿VICe users and carers which influ¢nces ev¥rything we do. Providin8 a rao8e of high quality, easily accessibl¢, pcrson c¢ntred services With knowledb)eable, motivated 5tsff and committed volunte¢rs. By raising awareness and promoting und¢rsranding wilh up to date infom￿tIOn we will creat¢ a b¢tt¢r infornicd W￿1 Wal¢s thus rcduLing discrimination, Workinbi lo support p¢oplc in their recovery, lo build resili¢nce And to maintain wellbeing, Our support prcvcnts admission to hospital, empowe￿ pcopl¢ to build rcsiliencc, maintain ind¢p¢ndtn¢c and bc aclivc ¢ili2ens iu their Loinmunities. SIGNIFICANT ACTIVITIES B¢low are the aciivities undertaken in order 10 cany oui ilie Charily's aim for tiie publi¢ b¢nelil. Thi5 Section also includes somc of th¢ impacrs and achicvemcnts. Thc Iru5tccs havc rcfcrred to the guidance eont4in¢d in thc Chari Commission's gicneral &JuidanLe on public benelit when revi¢winy our aimb and objeclives and in planninb) our futur¢ activities. P¢mbrokcshire and Carmartlien Mind is proud to continue to provide support digitally. face to f8¢¢, by aPPDintmcnt and crn¢ially via our con]munity drop ins ensuring p¢ople ar¢ tsbl¢ to a¢c¢ss support when they need it and in 1h¢ way they prefer. Cost ot'living has be¢A a rcal concern for people thi5 year affecting who have never experienced anxiety before. In 202412025 P¢mbrok¢thire and Cannwthcn Mind supported 3214 individuals. Active Monitoringl Supported Self Help What 15 Active Monitorinyl Supportd Sell'help and how does li work? A¢live Monitoring is u sLru¢lurcd, p5ychoeduLational seif_h¢lp probirnmme designed tQ> 5UPPOrt individuals experiencin mild lo modcrate mental health ditTi¢ulties. Deljvcred ovcr six week8, the progrdmmc helps participants dcvelop P¢TS(Trn4litsed loolkii of 51Thie&yi¢s tu improve dnd m#inluin Ihcir emolional wellbeii)&. It is off¢red free of char&ie and is accessible remotely via tel¢phonc or virtual platfom4, wilh fJcc-￿-f0cc gc.ssions availabl¢ whcrc this better meets the necds ufthe individual. The programme uses re¢ognised cliniLal measurts to monitor progr¢ss and outcomes. These include the GAD-7 questionnaire for anxiety, the PHQ-9 for low mood, and the WarwIck-Edinbur￿ Mcntal Wellbeing Scale (WEMWBS) for g¢neral wcllbcing. These tools ¢nablc clicnt5 to track their own prowss and rcflccl on chan￿S in their mcnial healih ov¢r IiTnc. Data from the service indi¢ales that over 91Y/o of ¢li¢nls who complete the pro&iramme show improvements ross all Ihrcc m¢8suro4. Activc Monitoring is also available to childrcn and young peoplq wilh adaptations to cnsurc agc-appropriatc delivery and safe&vuarding. Thib version of the prvgrdmmc is youn& person-led, promoting autonomy and engag¢m¢nl. A irustcd adult m￿St attend th¢ initial assessment session, and the young pcrson can ¢hooq¢ wh¢ther that adult is involved in Ihc riN'e subsequent w¢llbeing bessions. Lr involved, Ihi S￿ne irusted adult rnust Jii¢nd all 5¢¥sion5 lo ensure consistency and relational safery. All sessions for children and young people are delivered face lo face. Ouicomes for younger participants are measured using the Sirengihs and Difficulties Questionnaire (SDQ), a 25-ilem tool d¢signcd to &s¥ess emotional and bchavioural wcllbeing. A% with the adult programinL, ov¥r 90¢/0 of Childrcn and younb Fwplc coinplcting Active MoTLitOTingi report improved SDQ scores and enhanced &)en¢ral wcllb¢in&. These resulL% refl¢¢t thc prDgramm¢'s cffcciivencss in 8upporting mcntsl hcalth acro.ss age groups and IL4 valuc us prc%'eniaiive. early int¢rvenLion rcsource. Let In¢ know if you'd lik¢ ihis adapied into u formal rcport tcniplate, briefjng paper. or ref¢rryl gTuide. I can also help with tone adjusiment5 for different audienees. Pagie 3 Pembroke5hire and Carmarthen Mind Ltd (ReEiStererfJ number: 08421406) Report of the Trustees for the Year Ended 31 March 202$ Carers Support Seryice The C#r¢rs Project provides a tspecialist service for individuals who ¢ar¢ for som¢on¢ ¢xperiencinb¥ mental health ditTicultiLs. At prescnt. thc 8ervicc support8 103 Carcr% offcring a broad rnng¢ of practical and cmotional sup]K>rt designed co assisi them in their rol¢b while also promoling iheir owa wellbein￿. Support includes help wilh making and attendin8 appointments, one-to-one sessions delivered ¢ither factrto-face ai Pembrokeshir¢ and Carn)arthcn Mind R&%ource cent￿,$ or via leleplione, and regular t¢l¢phon¢ ¢onta¢l for those unable to attend in person. care￿ also benefit from monthly lun¢h¢s and activilies held at local venucs s¢le¢i¢d by thL group, alongside weekly crdft and p¢er support sessions ihai foster ronn￿tion and creativiiy. In addiiion, the proj¢cl offers woodland wellbeing days and gcnil¢ gym scssions to cncouragc physiLal und mcntal hcalth. Car¢rs arc gupponcd in rcgisicritsg wtth thcir GP as a Carer and ￿'1th the Carers Trust, enabling access to a Carees Card and thc associated discounts and benefits. quartcrly n¢wslcncr is circulated 10 all Carcrs, providing updatcs on upcoming a¢liviti¢%, training opportuniti4 and relevani infomvdlLori. Th¢ service offers a safe and w¢lcoming environment where Carers ¢an speak openly with pe¢r¥, reduce feelings of isolation. explorc new activities. and enjoy social conneciion. Feedback from Carers conststenily highlighLs ihc imp()rtan¥¢ of the servi¢¥ in h¢lpingy them sustain their ¢arin&i rolcs. This year. the project rLceivd the Invesiors in CareJE Bronze Award and is ¢urr¢ntly workints) towards achieving the Silver Award. Nearly all siaff have coinpleted Carcr Awarencss trdinin8, ensuring th&t Carers are re¢0￿11$¢d and supported across the organi$alion. Th¢ project conlinucs to hav¢ a dcmonstrablc positive irnpJ¢t on thc livcs of CaN'rs, and ¢fforts rcmain focused on 5trcngthenin&i this provision. Lelebraling ihe resilience of Carers. atKI ensurin¥ Ihcy fccl valu¢d. underslood, supported. Mind Pembrokeshire Ltd 5UPPOrts the principles that underpin the Pembrok￿￿jrC C'arers StratC8y which SAYS that- - C4r¢rs will be Ireated wilh dignily and respect Carcrs will haye access to the services they n¢¢d to support ihem in tlicir caring role CarL'rs will b¢ able io have a life of thL'ir own Carers will not b¢ forced into financial hardship by their caring rol¢ - Carern will be supported to stay mcntslly and physically well - Children and young people will bc prolected from inappropriaie Laring roles We will continu¢ ¢0 fiL4ht for Carers and their righis as well as provid¢ th¢ support they tell us they neeil. C#rm#rthen$hire Preventmtive SerYiLe The Cam￿rthellshLrC Preventalivc Scrvice has completed its se¢ond year of deliveryy conrinuing lo work in partner&hip with Conn¢¢ting Cannarthcnshire, Na¢ro. Pobl, Age Cymnj Dyf¢d. M¢ncap and Adfcriad. The scrvi¢¢ r¢mains focuscd on supporting, Cilixen5 cxperiencinb> situational menldl healih ditticuliics, with an emphasis on early inierveniion and personalised wellbeing planning. Citizcns aCc￿S ihe service either through our Resource Ccnlrc in Carn)arthen or via community drop-ins held in Llandeilo, Whiiland and St Clears. R¢f¢rrals are received from Conn¢iling Carniarthenshire, GP surg¢ries. so¢ial prescribers, and direcLly from Citizens via telephone or our websit¢. Th¢ majority of support is delivered through plann¢d one-lo-ont sessions, during whicli Citizens are supported to develop a wellbeing plan. idcntity their supp)rt Ii¢tworks. and Cxplore individuAI resources and needs. Where i)¢eds exiend beyond mentsl health. referrals are made to ppropriaie cxtcmal ag¥￿cl¢S, including services offcring bcn¢fit and dcbt advicc, support around substancc usc. or doineslic abuse. In ¢45¢5 whcre additional dierap¢utic input is required, Ciuzens may be referred to Carnidrthenshire Coun.sclling Service or signposted lo Primary Menral Hcalth support. SuppotT is typieally offcrcd over o six-tO-sev¢n-WL*k pLYiod, wilh the aim of hclping cit17.cns to feel more resili¢nl, ccess wider support netsvorks. or trunsiiion In￿ uur general Resuure¢ C¢ntr¢ wups. Demand for the service r¢mains high. and a waiting list is in place. reflecting a strong preference among Cilt7£ns for individualised suP￿rt over group-b&sed a¢¢ivities. Pa&?e 4 Pembroke5hire And Camgrthen Mind Ltd {R￿lStered nurnher: 08.fj21406) Report of the Trustees for tht Year Ended 31 March 21J2$ The servi¥e conlinues lo b¢ an active memkr of lh¢ COnn￿'t7ng Carniarthenshire network. regularly attending Living Well drop-in sessions across th¢ county and participatin8 in Hub Delivery Group meetings alongside oiher professionals. We a150 make use of the co[￿¢￿ting Carniarthenshir¢ online plaiforni to promote our dropins. walks. groups and events, helping to extend our reach and visibility within the community. Th¢ Carn)arthenshire Pr¢v¢ntative Service remains a valued and responsive provision, offcring timely. person-cenlr¢d support and Contributing to improved mcntsl wellbeing a¢ros8 thc county. C'hildren and Young Persony SanctuAry Service Pcmbrokeshire and Carniarthcn Mind's Childrcn and Young P¢oplc {CYP) provision delivors a ¢omprch¢nsivc. person￿ntlEd programme for youn¥ people aged 11-18, supporting # wid¢ ran&Fe of emotional and social needs. The scrvice is dcsigncd to promote resili¢n¢e. wcllbcing, and empowcmicnt through tsrgctcd intcrvcniions and inclusivc group a¢iivitie5. Support includes strnctured wellbeing workshops fo¢used on coping skills and mental health awareness. alongbide A¢livc Monitoring-brief one-to-on¢ Kssions offering prnctical slrategics for managing everyday Challenges. Neurodivers¢ Support Groups provid¢ stsfe, affirming spaces for young people with autism, ADHD, or other neurodiverg¢nl idcntities to connect, build confidence, and ¢el¢brnle Eheir 5trength8. Peer Support is offered both generally and through targ¢t¢d groups, such as thoge for young carcrs, helping reduc¢ isolation and foster mutyal understanding. Dedicated LGB TQIA+ social and p¢er 5UPPOrt groups crea¢¢ idenlity-affLmiing environments wh¢r¢ young p¢opl¢ can explorc community and wcllbcing. All 8etvi¢es arc co-produced with young people. ensuring their voices shape the design and delivery of support. Thi8 inLlusiv¢. strcngths-bdsed approach reflecls Mind'b comiiiiimeni to helping ev¢ry young person access meaningful support, build posirive relationships, and discover opportunitics for 8rowth and r¢¢overy within thLir cominuniry. EHrly Intervention And Tr.mployment Speclallst Serviee In partnership ￿'1th collca8ues from the EaAy Intctvcnlion Psychosis Team at Hyi¥¢l Dda Univcrsity Hcalth Board. thi service supports adolescenLS and young adults aged 14 10 35 who are experiencing a firs¢ episode of PS￿h0$1$. The fo¢us is on enabling individua15 to retum io employmenl, gain work for th¢ firsi ttme, or access education and training opportunilies. Support is tailored lo each p¢rson and delivered in line with ih¢ eight key principl¢s of Individual Placem¢n( Support IIPSI. ensuring that interventions arc ￿rsOn-ccntrcd• bTroal-oii¢nted, and recovery-fo¢us¢d. Individuals typically receive supporr over a three-year period whil¢ under the Ca￿ of the Early Inlervention Team. During Ihis timc, staff work consislinrly and collaborativcly io hclp Lach pcrson ￿h1cV¢ thcir aspiraiions. rccognisin¥ the importancc of autonomy and s¢11'_detem]ination in r¢¢ov¢ry. Progress may be gradual, but the emphasis remtiins on building confid¢n¢c, reducing barricrs. and supporting mcaningful cn8a8cmcnt with ¢du¢ation. cmploym¢nt, and communiiy life. Support otyered includes assistance with Job Cenlre appointments, CV dev¢lopment. job applications, and interview preparation ihrough role play and mock questions. Individuals are Support￿ io explore workplace taster& voluntccrin8 opportunilic5, and short infomial courses thai may lead to einployni¢nt. Stuff also provide mediation gnd negotiation with employ¢rs, benefits advice, and guidance on arc¢ssing education. including university-level study. Thi5 includes help with applying for srudcnl finance and disability-rclal¢d support, as well as liaison with tuloTS and education provithr5. In addition tu pructi￿1 5UPPOrt, the seryi¢¢ plays a key rol¢ in helping others underAwid Ihc challcnge5 faced by young pcople experiencing psychosis. Staff work to reduce anxiety. ￿Igma and discrimination, ond to break down barriers with relevdnt individuals and or&Jdnisalion5. Thc Service continues io muk¢ u significant contribution ro the recovery journ¢y of young peopl< promotin8 inclusion. cmpowcrn)ent. and long-t¢mJ wcllbciiig. .vening Senqee- Sanctuary Page 5 Pembrokeshire and C*rmArthen Mind Ltd (Registered number: 085214n6) Rep￿rt of the Tiuste¢$ for the Year Ended 31 MAr¢h 2U25 The San¥tuary is an vut-of-huur5, Lrisis prevention s¢rvi¢¢ d¢signed to suppor( individuals who ar¢ ￿perIenCing. or are at risk of experiencing. a mental health crisis. It offers a saf¢. non-judgcmental environment where pcople can access immediate emotional support, practical guidan¢¢. and a sense of coAJnection during tim¢s of acutc distress. The s¢rvic¢' operates during evenings when other fom)s of 5UPPOrt may be unavailable. l)elping to bridge a critical gap in crisis care provision. In 202412025. Ihc Sanctuary ¢xp8nded its operatin8 houTh io include Thursday cvenings, rn¢aning support is now available four nights a week, Thursday Ihrouuh Sunday, from 5:00pm to 2:00am. Thi2+ exlension rcflccts both the growing demand for out-of-hours mental health qupport and thc scrvicc's commitmcnt to being accc$5ible at timcs when inijividuals may feel most vulnerdble. Support is offered in a vori¢ry of fonnats. to med individual ¥Jeeds and preferences. This includes onevtovone support deliv¢r¢d fac¢.tOvface at the Sanctuary, a5 WCII as remote support via lelephone and digital plaifornis. S￿ff are trained to pn)vide com￿%510natc listening. de-escalaiion swa(egies. and prdctical coping tools lailored io ihe indiv1th￿l'S circumslan¢es. The aim is to reduce distrei*S, promot¢ saf¢ly, and empower individuals to rnana&Fe their mental h¢alih mor¢ Cffcciivcly. In addition io onc-lo-one %upport. the Sanctuary hosts group w(Jrk8hop8 focused an building emotional rosilicnce and self-mana&Jem¢ni skills. These sessions offer pra¥tiCdl iechniqu¢s for managing) unxiety> paniL. low mood, ble¢p difficulties, and motivational challcngcs. Workshops arc dosign¢d lo bc inclu.sivc and acccssiblc, providing a 5tMce for shar¢d learning and peer conn¢¢lion. The Sanctuary works closely with the NHS I I l Option 2 mcntsl health helplin¢. ¢nsuring that individuals who cOn￿¢t the service are offered tim¢ly and appropriate 5UPN)rt. By pmvidin¥ a r¢sponsive alternative lo emergency servi¢e5, Ihc Sancluary plays a vital rolc in r¢ducing unneceS￿ry A&E att¢ndan¢c and hospital admissions. This collAIK>fdiiv¢ approach helps to ensure that individuals receive the ribbht support at ilie ri&ihl lime, in a setiingi ihai priorilises dignity. choi￿. and rccovery. Thc scrvice continu¢s to bc a lifeline for many, offering calm, compassionate carc during momcnts of crisis and ¢onlributing to a wider Sybt¢ni of prei'enlaiive mental healih support ¥¥rvsb Ihc regijun. H•using Project Th¢ Housing Proje¢l coniinues to deliver ten¥n¢y-r¢laied suppon under the Housing Support Grant (HSG) framework, 8UPPOrting 43 adulis a¢ross two supported community houscs, two singlL-o¢Yupancy flat.s. and in the wider ¢ommunity. Support is low io medium l¢vel and ￿rip￿tell¢. enabling individuals to liv¢ indep¢iid¢ntly, maintain their lenanc1￿ and improve their quality of life. Dropin support is also availablc from our c¢ntr¢ in Meyrick StreeL P¢mbroke Dock. Support is personrtunitics ali8ncd with their pref¢r¢nc¢s. The serYi¢¢ fo¢uses on competitiv¢ ¢mployinenl within the open labour market and utT¢rs up ￿ 12 months of support for out-of_work participant5. Page 6 Pembroke5hire and Carmirthen Mittd Ltd (Re%i$tered number: 08121406) Report ofthe Tru¥tee8 ror the Y¢gr Ended 31 March 21b2.S Employment ¥pecialists wurk ¢los¢ly wilh primary, ¢ommuniry, and physical healthcar¢ l¢ams lo cnsure joined-up support. Assistance includes CV building, job searches, help with applications and covcr letters, interview preparafion, and guidance around disilosing health conditions to ¢mploy¢rs. Once employment is s¢cured, in-work support is proiided to help individuals 8cttle and succeed. Th¢ service is desiguied to enipower partlCiP8nis. rdu¢c barricrs. and promote lon8-temi employment outcomes. Mum$ MA¢ter Mums Mattcr is a free. eigyhi-week perinathl mLnlal hcalth prograinnic supporting women froim prc¥nancy through to th¢ir child's seLond birthday. Thc service is de5igw¢d to hclp mother5 manage day-to4lay challenges, nurture their wcllbcing, and dispel IhL" myth.s su￿Ound]ng moih¢rhood. Sb%sions arL. dcliver¥d WL¢kly in small groups of up to eight participants.. either face-to_face or onlinc via Microyoft Team￿ witli rebFular chcck-in5 from traincd facilitators. Each scssion introduces prd¢ii¢al tr)01s and te¢hniques root￿ in CBT principlc5. helping) mothers to challenge unhclpfu] thought pattems 8nd Tn8nagc anxiety. Breathing exerci￿5 and guided mcdirations arc included to promot¢ calm and etnotional regulation. The group fomiai offers a safe. friendly space for mothers to ¢onn¢¢l with oiheTS. reducing isolation and fosrering peer support. Participants arc also signposted lo additional Servile￿ within Mind and ¢xt¢rnal organisations where appropriate, with strong links mainlaincd with NHS Perinatal teams and health visilors to ¢nsur¢ joincd-up care. All moth¢r5 acce55ing th¢ progyrammc thi5 year rcrM)rted improv¢d w¢llbcing following completion. Duringi this tinaneial y¢ar the 'Graduate groLbP' was crealed. Thi5 is a post s¢tvi¢e group for muins to build fri¢ndshTPS nd rcducc ibolation furth¢r. SC￿S1on5 are dcliv¢r¢d onlinL bi-jnonthly lo top up thL mcnlal hcalih tools and principlcs to ensure Mums can build their conlid¢nL¢ dnd suppom each other. P4TJ partne￿ for the Journey is a collaborative project beNfeen Pembrok¢shire and Cannarthen Mind and Citizens Advi¢¢ PcMbrOk￿hir¢, originally funded by the North and Soutli Pcinbrokcshir¢ CIP CIustcr%. Tkc Servicc was dcsigncd ro 5upporl primary care teams by addrebSing ihe so¢ial. financial. and emotional chall¢n&ies faGcd by scrvice user& allowing health profcssionals io focu$ on clinical nLYds. Now ￿nded through the Regional Tnt¢grdtion Fund, the project continu¢5 to Off￿ joined-up 5UPPOrt. Pembrokeshire and Cannarth¢n Mind provides wellbeing S¢Tvices including one-tO•on¢ Cognitive behllvioural support through the Supported Self-H¢lp progrdmine, outdoor ￿tivitIeS via Routes to Discovery, and access to safe spaces al our Rc50urce Centres in l.laverfordwesl (open daily) and Pembn)ke Dock (opcn TuLsdays and Thur%daysl. as well a$ a weckly ouir¢ach dropin at Hubber5ton and Hakin Community Centr¢. Carers are also supported in their own righL with refe￿IS into our dcdicatcd Car¢rs Scrvice. Citizens Advice Pcmbrokeshir¢ offcts practical assistance with benefiL8. debt, housing, and co8t¥of-living pres%urL%. Between April 2024 and March 2025. the servic¢ suppurtcd 859 clicnts., achieving £416,706 in incomc gains and writing off £189,J17 in debt. Al a time of rising cosis, isolalion. Rnd incrcasing low-lcvel mental health need.s. the pmject has proven vital in supporting individuals, easing pressure on healthcare btsff. blr¢ngihcning collaboration acmss s¢rvicc5. Roots to Recovery IR2RI R￿15 lo Recoi'cry is a naturc-based wellbcing projcct delivered in partnership by Pembmkeshire Coast National Park nd Pembrokcshire Mind. Supported by the National Lott¢ry CoTnmunity Fund until sep￿rnber 2024. thc project harnc55cs the restorativ¢ powcr of tl)e outdoors to 5UPPOrt mcntal hcalih and wcllbeing a¢rtsss P¢mbrokeshire. Roots to Recovery ofters a rdngTre of vutdoor cxpcricnccs and supported voluntecring opportunities, ¢ncouragÉng' participanis io ¢onncLt with others. engagc in mcaningful aLtivity, and crJntributL to the care of lh¥ National Park and surrounding wild spaces. The progranime provides a biif¢ and inclusive environinent wh¢r¢ individuals can build confid¢ncc. reducc isolation, and ¢xpcricncc thc therapeutic b¢nefiLS of natur¢. R¢50ur¢e Centres Pagie 7 Pembrokeshire and Carmarthen Mind Ltd (Registered number: 08521406) Report of the Trustees ror the Year Ended 31 March 2025 Our Resource Cenlres remain at th¢ h¢an of our conmnuntty sup￿r￿ tsfferingp a¢c¢ssible. welcuming spaces for anyone seeking help with their mental health and wcllbeing. Haverfordwest is open 365 d&ys a year, Pembroke Dock operal¢s two days pcr wcck, and our Carniarthen Town Cenrr¢ is open thr¢e days per week. with an additional Saiurday scssion each month. Individuals can ac¢¢5S SUPPOrt by dropping in. callin& cmailing, or contacting us via social media, ensuring h¢lp is available in a way Ih&t suils them. Acroqs our Centres, we provide & rangc of onc-t(Fone and grouTrb&sed support. Our cxperieneed toarn offcrs tailored guidanr¢. listening without jud&7cmcnl and helping individualts take positive slep5 furward. Group activities are Co-produccd with people who havc lived expericncc of mcntal hcalth challcnges, and inLlude ddiratcd spacc8 for nien. women. LGBTQIA+ individuals. y¢)ung adults abyed 1&25. and ¢huK louking to Ltret active. Our ¢raft gyroup has been partiiuiarly crcativc thi5 year. producing handmade ilcms for sal¢ at local crati fairs. Volttntecrs continue to play a vital role in our scrvirq supporting drop-ins and group session5 wilh warnith and reliability. Their contribution helps us Inainiain 2 rtSW)nsive and inclusive ¢nvironTn¢nt whcrc pcople feel heard and valued. FINANC.IAL REVIEW Reserves policy The T￿SEceS havc examincd the Chariry's requircmcnts for reserves in light of Ihc niaii) risks of the organisaliort. li has cstsblishcd a policy whereby the Unrcslri￿ed free reserv￿ which arc not commi¢t¢d or inveslcd in tangible fixed aS5eis held by th¢ ¢harity should total ai lea51 3 mvnihs. uf expen(liture while working toward5 building up 10 6 months of expenditure. Thi5 gii'cs the cliarity ¢h¢ flexibility to cover lemporary timing differences of funding gn(Vor a 5uddcn dcclinc in incom¢ and cnsurcs th8T th¢ commilmcnts of pmviding serviccs in thc forni of contractual commitmcnts io staff, pr¢mis¢s and key stakehold¢rs arc mct and to cover emer8¢n¥y r¢pairs lo the cenlre. The pres¢ni level of free reserves available to rh¢ ¢h4rily of £309.326 equatvti to 2.5 Inonih5 expendilure based on the accounts for th¢ ycar ¢ndcd 31 st March 2025. FUTURE DEVELOPMENTS The C]￿rity plans continliing and developing the activities outlined above in ihe forthcoming yeajs subje¢t to satisfactory funding arrnn8ements. Priorities for 202512026 will bc.. CL)niinue 10 provide a range of s¢tViC¢5. delivered in multiple w4ys- face to face, plione. onlin¢ Und vidw ￿nferenc{￿￿', that enable and cmpowcr individu818 to livc full and active liv&s within our community Con(inuc to dcliver mental health support to pe¢)ple in nwal Lomniuniliey. Crcatc additional oppoffunitics for people iu participalc and gct involved in planning, developing and delivering services Rcnovate the front of the building in Camlarthen and iniprove our Meytick StrLrl propLrty. Work io idcntify where th¢rc are gaps in s¢rYicc provision and ty to meet thul need. Continue to wvrk with local Minds in Abcrystwyth and Llanclli to mak¢ the most of our St￿ng1h5 across Hywel Dda Univerbity H¢alih Board. Improving opportunities lor people with m¢ntal health needs. increasing our rcach and sharin8 good practice and resources where wc ran. Continue lo monitor and evaluaie our s¢rYiccs and med Mind5 Quality Mark standard5 whi151 invctstigatin&J other Quality Frdmcwork8 Look at ways ord1v￿￿rYIllg our funding streams'_ su5t&inabl¢ funding being a priorily Continue to 51rcngthcn the Board of TrustCCS Complete Inv¢s(orb in Ldrers Silver Award Work with the Pembroke5hÈre Coast National Park to additional funding for our eco-thcrapy service. Investiga(c ways to support our Ukrainian communiiies. STRUCTURE. GOVERNANCE AND MANAGEMENT Governingdocumcnt Th¢ ¢hariiy is controlled by ils gyovcrning, docum¢nt, a d¢ed of trusl. and wnstiiul¢s a limited company, limil¢d by guaran¢cc, as dcfined by the Companic5 Act 2006. Pembrokcshire and Camarthcn Mind Limited is a r¢gistcrcd charity, number 1157041, rc81.8tered. PcmbrokcshiTC and caM￿rthen Mind Limit￿1 is also a Company limited by guarantee. number 08521406. Pa&Fe il Pembrokeshire and Carmarthen Mlnd Ltd (Registered number: 0&521406) Report of the Trus¢e¢s ror the Year Ended 31 March 2U25 S"I'RUC"fuRE, COVF.RNANCk AND MANAGEMF.N'r Charity Commis5i0n Th¢ TTVStccs have regard for the Chgrity Commissions guidance on Public Bencfii and cn5ure that the Charities purpos¢ ADd aciivity is.. * i￿nefIcIal can be evidenLed * benelits a'sufficient section, of the public. Or2Ani5ationHI structure Pcmbrokeshire and Catmarthcn Mind is an ind¢p¢n(knl local ¢harily a￿lI]dt¢d wilh National Mind and Mind CYMN. Ab part of the Mind nctwork. we follow th¢ corpornte branding policy and the Community P8rtncr5hip Agrttmcnt. stren¥th¢ningi our re1￿lOnShiP with Mind. Our Board of Trustees, comprising up 10 12 Tnembers, meets bi-monihly tu ov¢rb¢¢ Strai¢gic direction and policy. Task and finish groups are convened as needed for 5p¢cific projccts. Wc resularly submit to Mind's Quality Review Team to maintain 4ffilialion standards. We also reco￿lSe and celebrdte th¢ invaluable conlriburions of our volunteers at our annual Impact C¢lebrntion. Op¢rational ￿spOnsibl11tY lies witli the Chief Executive, who ¢nsures service delivery aligns with fLU)ding, meets kcy perfomjance indicators, and supports the developrnent of our dedicated stsff and voluniccr teams. The Chief Executive also promotes good working pracii¢¢s acr055 the organisalion. Retruitmeot and appointment of new trn$tee$ To supw)rt ongoing devclopment, conimuniry rcsponsiv¢ncs5. 8nd organisational sustainability, TNstees are elected for three-year lerni. Thc Board aims lo reflecl the diver&iiy of thc communilics we serve. To br(Traden th¢ pool ol. polcnlial Truslces. we Lti%'cly cngagc our network$, u4cr and carcr group5 to idcntify individuals witli rclcvant experiencc and a will¥￿￿C5S to ntrlbutc. Truslees with expertis¢ in hcalth, social care. and qualiry assurnnce are currently repres¢nl¢d. Howcvcr, Tecniiting rtew Tn]stees rcmains a sector-wide challenge. as respon5ibiliti¢5 grow and tssk_specific work inGr¢as¢s-particularly in response io evolving l¢gal and regulatory reguireiDents such as p¢nsion5 and wag¢ ¢omplian¢¢. To maintain a balanced skill mix. Tru.siccs ar¢ a8kcd io updatc thcir pergt)nal pmfil¢s annually. Whcrc gaps ar¢ identified. iargctcd rccruitinenl is Undert￿kcn. If a Trustee r¢iircs or r¢bigillb and a specific skill is lost. suithbl indii'iduals arc invitcd to stand tor clccllon. We remain ¢ommittcd io strcnsthcnin8 ¢all¢r involvcmcnt in govcrnanc¢. planning, sctvice dcvclopment. and deliv¢ry. Page 9 Pembrokeshire CarmArthen Mind Ltd {Re%istered Dumber: 08521406) Report of the Trustees ror the Yejr Ended 31 March 2024 S'l'RiicfuRL, COVERNANCL AND MANAGEMEN'r duetion training of new trustees Tll￿￿e$ are familiar wilh the practical work of th¢ ¢harity and continue to support ihe aims and objectives by taking part in many of the '8et tog¢ihers' and worksl)ops. We have contiiiued to str¢ngih¢n this with Trustees meeting with beneficiarics in our Rcsource centrus to g¢t fjrst hand knowledge of the challenges faccd and what wc ean do to hclp. New TLVStees receive a ¢ompTchen5iv¢ IndU￿10n covering their roleq and r¢spon5ibilitie5. Each is paired wtth an ¢xperienLed Trusiee menior, or the CEO if a menlor is unavailable. M¢nlor5 meet wilh new TNste¢s prior to board mcctings to support und¢rstandin8 of meeting papers. protocols. and ¢tiquctt¢. Training nceds arc id¢ntified during induction and reviewed through ongyoing analysi5. Truste¢s are cncourdged to stay informed through regular access to the Chariry Commission Newsletter, Mind publi¢atior15 and reports. our local CVC ncwsleiier. and Ihc WCVA website. We conlinuc to share exlcrnal training opportunities, which T￿￿te¢S activcly pursu¢. We are also exploring onlinc training options ond seeking suppx)n frorn Mind to facilitate this. Meetin¥ schedule Trusre¢s have Inet both virtually and in person 6 time5 in ihe last year for ti)¢ir full meelings. They hove also mct for specifi¢ picccs of woAc. RelAted p9rties Wc continue to strengthen our presence within locai planning proccs5cs. advocatin8 for the needs of caller5 and carers. This Includ￿ ¢108c collaboration with a widc rdngc of organisaiion8, ensuring individuals ar¢ signpostcd or referred to appropria1¢ scn'iccs when specialisf support 15 requir¢d. Orgyanisaiions we have worked with or refer)Td to this y¢ar include- Lo¢al authoritics.. CArmarthen5hirc and Pembrokcshirc County Councils - Health serviLes'. Hyw¢l Dda University Hralth B0￿d, Primary and Cominunity Menlal Healih Teams. HDUHB Neuro Rchab, Morlais Inpatient Unit, CJP practices National bodies: Mind Cymru, National Mind Advocacy and support.. Advocacy West Wales, West Wales Adv￿8¢Y. West Wales Action for Mental Health. CA VS. Citizens Advi¢¢ (Carmarthen, Cam)atthcnshire, P¢mbrok¢shir¢). Social Preseribc - Youth and fumily services.. Action for Children. Ar￿ 43, Faillily Interyeniion Teom. Sandy Bear, Carers Tn￿1 Crisis and specialist support.. I I l (prcss 2), PapynLS. Cruse. Miscarriagi Associarion, Bipolar UK. CamJaTthcnshirc Dom¢slic AbLLse Service - Employment and education.. Go WalLS, Coleg Sir Gar Housing and ptxcii¢al support.. Pobl, Simple Ldiings. County Car& Briiish Red Cross Community and wellbcing: Merlins Walk Food Bank, Walking Wcll. Aciivatc Your Life. Catch Up. Arts Carc Goral C¢if. Adferiad - Justice and safeguarding.. Dyfed Powys Police. Probation S￿ICe, Dyf¢d Powys Probation, DWP Residential settings This li5( is noi exhaustive but reflects our commitment to working collaboratively with any organisation ihat can support Ihose accessing our s¢rvi¢es. Risk man4%ement Tnjslees have rcviewed the major strategic, operational. and business risks facing Ehe charity. Sy5tcms are in plac¢ to ensur¢ r¢gular rcporting and timely aution to mlligatc ihcse risks. Risk m4ngg¢mcnt remains c¢n￿l ￿ safeguarding organisa¢ional resilience. We coniinuc to work with AJ Ciallaghcr, our insurcrs, and benefit from Mind's support via our Federation Agrccmcnt with Rradar for employillenl law advi¢¢. Hcalth and salety. includin&i risk absesymenls. reinains a priority. This year. AJ Gallaghcr conduct¢d a fijll rcvicw, requliing in an improvem¢nr plan which has bLen SLnJtiniscd and irnplLYncntrd by Trusttts. Robusi conTrols arc in place to providc rcasonablc osguran¢¢ again51 fraud and ¢rror. Pagie 10 Pembrokeshire and Carmarthen Mind Ltd (Registered number: 08%21406) Report of the Trustees ror the Y¢Ar EndLxI 31 March 202$ .STATEMENT OF TRII.STEES' RESPONSIBILITIES The tru%lees (who arc also thc directors of Pcmbrokcshirc and Carniartli¢n Mind Ltd for thL purw%¢s of company law) E responsiblc for preparinbi ihe Rcport uf the Trusl¢e5 and the finarkcial statemenL8 in a¢¢ordancc with applicable law and Unitcd Kingdom Accounting StaTrdards (Uniled Kingdom Gcncrdlly Acccpted Accounting Practicc)- Company laiy requircs the trustee5 to P￿Pare financial statemcnts for ￿ch financial year. Under that law. Ihe tThstees have elected ro prcpare the financi&l statcrncnts in accordance with Uniled Kingdom GLnerally A¢¢cptcd Accounting Practice {United Kingdom Accounting Siandths and applicablc law). Under company law the trustees mubt nD¢ approve the financial staiements unless th¢y arr 5a115fi¢d that they give a true and fair vi¢w of thc statc of affair8 of ihc charitabl¢ company and of thc incoming r¢sour¢cs and application of resources. includin&F the incoine and expenditure. of th¢ charitsble cornpany for that period. In preparing those finanrial ststemenrs. the Irustccs are rcquircd to sel¢ct suitable accounting policies and then apply th¢rn consistently? obs¢rve the inethods and priii¢iples in the Charili¢s SORP, make judgements and csrimates that are reasonable and prudent. prepare the finan¢ial stat¢ments on th¢ going concem basis Unl￿ il is inappropriate to p￿sum¢ th&1 the Lharitable oinpany will continu¢ in bu5ines5. The trusi¢¢s arc ￿spOnSible for kc¢ping proper ac¢ounring records which disclo&¢ with rcasonable accuracy at any time the financial position of lh¢ chariiable company and to ¢nablc thcm to ensu￿ tliat th¢ financial 4tatcmenLs ¢omply with the Companies Act 2006. They are also re5ponsibl¢ fur sale&Fuurdin¥ ihe asscts ofthe charitsble ¢omp#ny and hence for taking reasonable si¢ps for the prci'ention hnd d￿ectiOn of fraud and other irregularities. In so far as thc trustee5 arc aware.. therc is no relevant audit inforniation of which the charitable compuny'5 auditors arc unawarc: and Ihc trustees have iaken 811 steps that Ihcy ought to have tak¢n lo makL thcmselves aware of ally relevant audit infomiation and to ¢stablish that the auditor8 arc aware of that inforniation. AIIDITORS The auditors. Ashmolc and Co., will be PTOP05Ld for re-appoinlm¢ni ai the forthcoming Annual Gcncral Meeting. Approved by order of the board of truslccs on 15 OLlob¢r 2025 and.4igncd on its b¥half by., Mr D H Lloyd- TtUS*c Pa&Te I I Report of the Independent Auditors to the Trustees of Pembrokeshirc and Carmarthen Mlnd Ltd (Regis¢ered number: 08521406) Opinion Wc havc auditd the financial sthtcmenis of Pembrokeshire and Cam)arth¢n Mind Ltd Ithc 'charitable company,) for thc year ended 31 Mar¢h 2025 whiLh comprise th¢ Statement of FinanLial A¥¢lVities, tlie BalanL¢ Sh¢d, th¢ Cash Flow Sthiement and notes to thc financial statements, including a summary of significani accounting policies. Th¢ financial reportin8 framework that has be¢n applied in their preparation is 4ppli¢#blc law and United Kingdom A¢¢ounting Standards (Uniied Kingdoin Generally A¢c¢picd Accounting Practice)- In ouropinion the financial slateinents: giv¢ a Mic and fair view of Ihc 5tatc of the charitsbl¢ company's affairs as at 31 March 2025 and of its incomTng sources application of re5uurces, including lis income and expenditu￿, for th¥ y¢ur then cnded; have bccn propcrly p￿pared in accordanc¢ with United Kingdom (IL￿e￿IlY Acc¢pred Accounting Prn¢ti¢c: and have been prepared in aLcordanLe witli th¢ requ1￿ments of th¢ Companies Act 2006. Basis for opinion We ¢onductcd our audit in accordancc with Int¢mational Stsndar(L8 on Auditing (UK) (ISAS (UK)) and applicable law. Our responsibililiey under those sldndllrds are fijrther described in the Auditorb, responsibiliti￿ for the audit of the financial statements se¢iion of our report. We are independent of rh¢ charitable company in accordan¢¢ wilh ¢h¢ cihical requirements that are relevant lo our yudil of the financial statements in ¢h¢ UK including the FRC'S Ethic41 Stsndard, and we I￿ve fulfilled our other ethical re8pon5ibilitie5 in accordance with these rcquiremcnts. We bclieve that the atsdit evidence we hllve obt4incd is Sufficient and &ppropriate to provid¢ a1)85-ib for our opinion. Conclusions relating to %oin% concern In audiiing the financial statcmcnts, we have concluded that rh¢ INste¢s' use of the going ¢oncern basi.s of accountin8 in the preparntion of the financial ts¢alemenlb is appropriat¢. Bas(￿ on thc work we hav¢ performed, wc hovc nor id¢nlified any material uncertairtlies r¢lating to cvents or conditions ￿￿1, individually or ¢olleciively, may cast significant doubl on the charitable ¢otnpany'b ability to continue as a going concern for a ￿riod of at Icagt twclve month* froin whcn ihc finan¢ial srai¢mcnts arc aLlthorisLd for is8u¥. Our rcsponsibililics and the respon%ibililics of the trustccs with r¢spccl to going cone¢rn arc described in the relevant s¢ctions of this report. Other information The rrustee.% ar¢ rcspon5iblc for ihc oihcr information. The othcr infommtion compri%¢s the inforniation includ¢d in thc Annu41 R¢porL other than the financial statemenis and our Repvrl of the Independ¢nl Audilors iliereun. Our opinion on the fin#n¢ial s¢atemen(s' do¢1* Lovcr the oiher infomiation and. exLept to ih¢ ￿l¢nI otherwise ¢xplicitly staicd in our report, wc do not cxprcss Any fom of &s5urancc conclwsion thercon. In conn¢dion with our 8udil of £he financial stalmcnts, our rc5ponsibility is to read th¢ other inforniarion and. in doing sv, consider whether the oth¢r infomiation is materially inconsislent with the financial siatements or our knowlcdge obtained in ihc audit or othenvis¢ appears to be n￿[eriallY misstated. Ir we identify such material inconsistencies or apparent mo1¢ri91 misststcm¢nts, wc are requircd to d¢t¢miinc whcthcr this gives risc to a matcri&l misstat¢m¢nl in thc rinan¢ial siatements ihemselv¢s. If, ba5cd on the work w¢ have perfonned, we conclude that there is a muicrial misqtatemcnl of this Other informatiftn. we arc r¢quir¢d io rcport ihat fact. We havc nothing lo rcport in this regard. Matters on Ivhi¢h we are required to re￿)rt by exception We have nothing to report in respect of the following) matter5 wh¢rc th¢ Charities (Accounts and Report5) Regulations 2008 requir¢s us to rbport to you if, in our opinion: the information given in the R¢port of the T￿Slee9 is inconsistent in any nia¢¢rial rcspecl with the financial stat¢m¢nts: or th¢ charithble Lomptu)y has not kept adequate a¢¢vuniingJ records- or thc financial statements are not in ugreemenl with the accounting records and rctums. or we have noi received all ihe infomjaliun and explanations we r¢quire for our audit. Pubie 12 Report of the Independent Auditors to the Tru%tees of Pembrokeshire And CArmffirthen ￿lIlld Ltd (Registered numbor." 08521406) Responsibilities of trustee As ¢xpluind rnvre tully in the Statement of Tn￿te¢s, Responsibili¢ie¥ ihe irnstee& (who ¥re also th¢ dire¢rut5 of the charitsble company for the purposes of company law) are responsible for thc prcpardtion of the financial statements and for beingi satisfied that they give o irue and fair view. and for su¢h internal contr(>l ￿ the Irusl¢es dei¢miine 1$ necessary to enable the preparation of fjntsncial statements thai are free froin n￿terial misstatement. wheiher duc to fraud or error. In preparing ihe financial slatcinents, the injsreeg are respmsible for asbes5ing the charitable company's abilily continu¢ as a going concern. di%closing. a.% applicablo. mallcr5 rclatcd to going concern and using thc going concern basis uf ￿￿OUnting1 unl¥ss th¢ trus¢¢¢¥ either intend ￿ liquid#t¢ th¢ charitsblc company or io cease operations, or have no rcali5tic altcrftative but to do so. Our r¢spDnsibilities for the audit of the financial staletncnts We have been &ppointcd a5 audi(ors under Section 144 of the Charilics Act 2011 and rcport in accordance with thc Act and rclcvant rcgulations Inadc or having ctTccl thcrcundcr. Our objcclives are to obiain reasonable assuranc¢ about whcthcr thc financial statements as a wholc are frce from material misstatemeni. wh¢ih¢r due to frdud or em)r, and to Issuc a Report of Ihe Independeni Auditor5 that includes our opinion. Reasonable &%￿urancC is a high level of assurance. but is not a guarnntcc that an audit conducted in AccordÈn¢c with ISAS (UK) will always det¢ct a matLrial misslatement when it exists. Misstatcmcnts can arise from frdud or em)r and ar¢ ron5idcred inaterial if, individually or in ihc aLEregale. they could rcasonably b¢ ¢xp¢¢led lo influcnce tl)e ewnomic d￿lS7onS of users tsken on th¢ basis of these finanrial slatcrncnts. Th¢ cxlcnt to which our PmLedurcs arc capable of dctcctirtg irrcgularitics including fraud is dctailcd bclow: In identifying and 855essing risks of maierial misslatcment in rcspeci of irregularities, including frAud and nonrycomplianc¢ with lawty aiid re¥ulalions. we considered the followin¥'. - ndtur¢ uf Ih¢ Llwity and the sector in which il opergtes. the Icgal and r¢gulatory frnmework in which the charity operaies. arKI in particular those lawq End regullltion. that directly affect the finan¢ial ststcnients or ha%L' a fundainenlal etTect on opcrations ¢g Charities 201 healih and 5afcty legislation. - results ofenquiries of managffln¢nl and ihose charged with govemanLC any matlets identilied r¢laling to th¢ charity's policies and pro¢¢dur¢5 for idcnrifying. cvaluating and complying with laws and rcgulation& and whether there were any knowm inslances of non Compliance. deiccting and re.%ponding to the risks of frnud and whether there is any knowlcdge of actual, suspected or alleged fraud. the iniemal controls established lo miligatc risks of fraud or noi) compliance with laws and regularions. As a result of perforniin8 the above. ￿'C did not identify Jny kcy audit matters related to poi¢ntial risk of fraud or non compliance wilh laws and regulations. In addition to the above, our proccdure.s Included: reviewin&tr the financial statement disclosures and leslin&F to supwrlinb, documcntalion to assess complianc¢ with rclcvant laws and regulations - enquire5 of M(￿aL￿ett[c￿l and those charged wilh &Fovcrnance concerning aLtU81 and potential liligbalion ilaims perforniing analytical proccdurcs to idcntify any unu%ual or unexpcclcd rclationships that may indTCSLle risks of malcrial missiateineni due to frnud rei'iew of minuies of Cominittcc meetings - written rLyres¢ntstions A further dewription of our rcsponsibilitics for thc audit of th¢ financial statements is locatcd on the Financial Rq)orting Cuunfjil's w¢bsite at www.trc.org.uklauditorsrespoTrsibiliti¢s. Thi5 description foms part of our Rcport of lh¢ Ind¢pcndcnt Audito￿. Page 13 Report of the Independent Auditors to ihe Tru%¢ees or Pembrokeshire And Carmarthen Mind Lid (Reglstertd number: 0&521406) Use of our report This teport is madc solely to the Lharit¥thle Loinpany's truslees, as a body, in #¢cordance with Part 4 of th¢ Charilics {Accounts and RctM)rts) Rcgulations 2008_ Our audit woi'k has bcen undcrtakcn so that wc might statL to ihe charitablc company's trustees those maiicrs we are required to slate to th¢m in an auditors, report and for no oiher purpose. To the lullc5t cxtcnt pem)itted by law, we do not a¢c¢pi or assume tE5ponsibility to anyon¢ othcr than the charitable company and the ¢hariiablc coi panys trustees as a body, for our audit work, for this re￿)rt. or for the opinion5 we hav¢ lornled. És c rl for and on b¢halfof Ashmole and Co. Chartered Certified Accountants and Statutory Audiio Eligible to act as an auditor in tem￿ of Scction 1212 of the Companies Act 2(Ki6 Williamsion FIou5C 7 Goat Stre Haverfordwc5t Pembrokeshire SA61 IPX 15 October 2025 Pdgie 14 Pembrokeshire and Carmarthen Mind Ltd S181emenl of Fin*tbcl*l Aetivitiey ror the Year Ended 31 Marth 202$ 31.3.25 Total lunds 31.3.24 Total fund5 U￿re￿￿triCted nds Rc5tri¢icd funds NotES INCOME AND ENDOWMELYTS FROM Donations k]nd l¢gari¢5 52.088 52.089 504,831 Charilable aclivltie5 Resou￿¢ Lentre Car¢rs Supported huusing Carniarthen 975,964 17,114 334,158 171,391 975.964 17,114 355.062 171.391 553.194 17,114 317,527 244,312 20.904 Total 72.992 1,498,628 1,571,620 1,636.978 EXPENDITURE ON Raising fund8 13,588 13.588 10.601 Charitable activities R¢sourcc centre 4,046 898.859 20.607 329,131 190.256 902.905 20,607 336.395 192.090 534.912 19.434 403,259 156,973 Supported huusin Carn)arth¢n 7.264 1,834 TDtJl 26,732 1,438,853 1.465.585 1.125,179 NET INCOIME 46.260 59.775 106,035 511,799 REC()IYCILIATION OF FUh'DS Toial funds brought forw'ard 709.254 816,069 1,525J23 1,013,524 TOTAL FUNDS CARRIED FORWARD 755.514 875,844 1.631,358 1.525.323 Thc notcs fonn part of thc8¢ financial .%tatcments PAg¢ 15 Pembroke5hire and CarmArthen Mind Ltd (ReEiStered number: 0852141)6) B#lance.Sheet 31 MAreh 2025 31.3.25 Total funds 31.3.24 Total fjjnds Unrcstrictcd Restricted n(L8 Notes FIXED ASSETS Tangible assets. 13 446.188 229,645 675.833 678,643 CURRENT ASSE'rs Debtvr Cash at bank 14 43.317 646.851 43.317 957.316 108.4¥0 789229 310.465 310.465 690,168 1,000.633 897.709 C.RTr.Dl'foRS Amounts falling due within one year 15 {1,139) (43.969) 145,1011) (51,029) NE'f CilKR*:I%T ASSETS 309J26 646.199 955,525 846,680 TOTAL ASSETS LESS CIJRRENT LIABILITIES 755.514 875,844 1.631.358 .525.323 NET ASSETS 755,514 875.844 1,631.358 1.525.323 FUNDS UnreStric￿d funds Rcsirictcd funds 17 755.514 875,844 709254 816.069 TOTAL FUTr4DS 1,631,358 1,525,323 Th¢ ¢haritable company 15 entitled t() ¢x¢mpli()n Frum audil under Sethion 477 of the Companies ALI 2006 for the year ended 31 March 2025. The meimbers hai'e not deposired noticc. wirsuant to Section 476 of the Companic.% ALt 2006 r¢quiring an audit of these rInanc￿l staiements. The irusteLS acknowl¢dg¢ their respunsibilities for (a) ensuring that the Charitable company k¢¢ps accounting records. Ihat comply with Section5 3%6 and 387 of the Compani¢8 A¢t 2006 and p￿ParIng financial &tarements which gFive a tnse and fair vi¢w of the s￿1¢ of atlairs of the charitabl¢ ¢ompany us at the ¢nd of cach financial ycar and of it8 sU￿[uS or dLfiLiI for each financial year in aLcordance with thc requiretnents of Sections 394 and 395 and whiLh oiherwise ¢omply with the requirements of th¢ Companies Act 20U6 relating ro finarlcial .qtatcmcnt8, so far applicablc to thc charitable company. (b) These financial statements have b¢cn audited under the requirement% of Section 145 of the Charitirs Act 2011. The nolcs forni part of ihcse financial stalcmertLs Pagc 16 Conlinucd... Pembrokeshire and C.armarthen Mind Ltd {R￿lStered number: 08521406) B#l*n¢e Shtet- continued 31 Mareh 2025 Th¢se financial stdtem¢nis have been prepar¢d in a￿OrdanCe with ihe provisions appliLable io ¢haritsbl¢ eumpanies subject to th¢ sm￿11 rovnpanic5 rc8imc. The financial statements were approvcd by the Board of Trnstees and ttuthorised for issue om 15 October 2025 atkl wcre signed on its behalf by.. Mr D H Lloyd- Trustee Thc no(cs fonn pan of Ihcsc financial stsiicmcnLS Pa8L 17 Pembrokeshire Carmarthen mi￿￿ Ltd C#$h Flow Ststement for the Year Ettded 31 March 2025 31.3.25 31.324 Notes C45h flows from oper#tlng activities Cash generdted fn>m opernlions 19 199.188 481,965 Net cash provid¢d by operaling activities 199,188 481.965 C#3h flow5 frum iniesting activities Purchase ofiangiibl¢ fix¢d asse (17.401) (261,367) Net cash used in inv¢siingF activilies (17,401) (261.367) Change in cash cash equivalents in the repoTting period Ca%h and cxyh equiv•lents at the beginning of the reporting period 181,787 220.598 20 774.953 554,355 Cash and cash equivalents At the end of thc reporting perlod 20 956,740 774,953 The notes forin parl ofihese financial stalcmenls Pa&¥e 18 Pembroke$hire and CArmArthell Mind Lid Notes to ¢he Financial Stxternents for the Year Ended 31 M*reh 202$ ACCOIINTINC POLICIES Bxsis of preparing the financlal sthtements Thc fu￿ncial statements of ih¢ Lharil8ble company* which is a publi¢ bcncfit entity under FRS 102. hAv¢ ken prepared in accordance wilh thc Charities SORP (FRS 102) 'Aw)unfing and Rcporting by Charities.. Statement of Rccommend¢d Practicc applicablc to charitics prcparing thcir account% in accordance with th¢ Financial Rep)ninL Statmlard applicable in ihe UK and R¢public of Ireland (FRS 102) (effective l January 2019),, Financial Rcpotting Standard 102 'The Financial ReF￿ing Stsndard applicable in thc UK and R¢publi¢ of [￿l￿d, and Ihc Companits Act 2006. The fmancial statements. have b¢en undcr the historical cost convetjtion. Incoming resources All incoming resources arc included on the Statement of Financial Aclivilies whcn the charity is leEally entitled to thc inconic and the amount Can bc quanlificd with rcasonable accurncy. The followin8 specifir policics are applied to porticular cat¢gori¢s of income.. Voluntary income rKeived by way of grnnts, donalion5 and gifts is included in full in the Statement of Financial Activity when ￿¢￿1vable. Grants. Whe￿ entitl¢m¥nt is noi Co[￿&110￿al vn rhc dcliv¢ry of a sp¢¥ific perfornianLe by th¢ ¢hariiy. are recognis¢d ivh¢n the cl)arity becomes unconditionally ¢nliil¢d lo ihc granl. Grants related to p¢rforniance and spccific deliverables, arc accountcd for as thc chariry earns ihe righ¢ to considcration by ils perfOrn￿nCe. Legacies are in¢lud¢d when the charily is advis¢d by Ili¢ perbonal representatives of an esiat¢ thal payment will b¢ made or property transferred and the amount involvcd can be accurately quantified. Donated setwices and facilities ar¢ included at il)e valuc to the charity wh¢w this can be quantificd. The value of serviL-es provided by voluni¢¢rs ha5 not been included in rl)ese aCL'oufbCb. Invesimenl incom¢ is in¢luded when receivgble. Resource$ expended Expcnditurc is accounlcd for on an ac¢nJ415 basis and hag bccn claisified under headings that a8gre8ate all cost relulLd lo the category. Where eos¢s cannot be dircctly attribul¢d lo particular headings they have I￿1 alloralcd to activities on a basis consistent with ihe use of resources. Charitablc cxpenditure coinprises the costs incurred by rhe charity in ihe delivcry of its activities l￿d servi¢¢5 for its b¢n¢fiiiarics. Ir includ¢s both tl)¢ costs which con be allocated diTC¢tly to such aclivitics and those costs of an indirect nature necessary Io support thcm. Governance costs include t1105e costs associated with meetingi ihe constilutional and statutory requirements- of the charity and include the audit Jnd accountancy fccs and costs linked to the stralcgic management of ih¢ Charity. Tangible fixed &55ets Dep￿ciall0n is provided at the followingy annual rates in order io writ¢ off cach a5SCt over its estimat&1 useful life. Frcehold property Equipment and fixture5 25O/o on ¢ost Taxation The ¢h&rity is cxcmpt from corporation on its charitable activiti¢q. Fund 8ccoun¢ing Unr¢slricted funds can be uscd in accordance with the chariiable objectives ai ihe discretion of th¢ Irtus1¢¢6. Restricied fundb. ¢an only be used tor particular r¢51ri¢ted purpose5 within th¢ obJ￿ts of the ¢harity. Restrictions arise whcn.8pccificd by the donor or when funds ar¢ rais¢d for particular ￿triC[ed purposes. Further explanation of the nature and purpose of earh fund is included in th¢ not¢s to the fJnan¢ial ￿ateMents. Pabbe 19 conlinued... Pembrokeshire and Cxrmarthen Mind Ltd Notes to the Financial st￿tements- continued for the I'e&r Ended 31 March 2025 AcfoiiNTINCp POLICIE.S- continued Pension costs 4nd other pust-retirement benefits The ch&ritable wmpany operates a defined conlributioll pcnsion schcmc. Contributions p2y&ble io th¢ chgritgble company's pen25ion *heme are charged to th¢ Stai¢m¢nl of Finanrial Activities in the period to whirh th¢y ￿lat¢. DONATIONS AND LEGACIES 31.3.25 31.3.24 Donations rcnt Funds transfer froni Mind Carmarthen 46.957 5.132 49,815 2,313 452.703 52,089 504.831 INCOME FROM CHARITABLE AcfiviTIES 31.3.25 31.3.24 Aclivity Resour¢¢ c¢ntrc Carets Supported housing Cam)arth¢n Grnnts Grttnis Grants Grants 975.964 17.114 355.062 171.391 553.194 17,114 317.527 244.312 1,519.531 1,132,147 RAISING FIINDS RAising donation5 4Dd legacies 31.3.25 31.3.24 SiatT¢osts Staff expenses Office Losts Insurknce5 and subscriptions Dcprcciation 9.266 55 .450 1,166 1.651 6,284 78 1.223 l.035 1.981 13.588 10,601 CHARITABLE ACTI￿.1T1£s COSTS Dir¢ct Cosis (see notc 61 Support cosls (see notc 7) T(Jtal.q Resour¢c centre Carers Supported housing Camurthen 686.364 17,413 287,262 155,121 216.541 3.194 49.133 36,969 902,905 20,607 336,395 192,090 ,146.160 305.837 1,451,997 Page 20 continued... Pembrokeshire gnd Carm4rthen Mind Ltd Notey to the Financial Statements- continued for the Ye*r Ended 31 March 2025 DIRErf COSTS OF CHARJTABLE ACTIVITIES 31.3.25 31..1.24 Staff co.sts O￿lL￿ reni and W#ier rates Pembs Housing Association Light and hcai Repai]¥ and maintenance Clcaning Trlevision liccnce and rental Refrcshmcnts Activitic Staff travcl and cxpenses Volunl¢er expen5¢s and trdinin Sub contractor5 992,631 37.854 18,122 13,450 11,959 6,605 729.024 39,589 16,796 27.144 23.675 5,632 2,0149 6J56 9,807 23.507 676 9.024 5,683 7.201 35.062 .849 13,536 1,146,160 893J19 SUPPORI. COSTS Govemance Losts Manog¢m¢nl Tothls Resource ¢entro Carers Supportcd housin8 CaTTnarthen 174.105 2,579 38.062 29.474 42.436 615 11.071 7,495 216,541 3,194 49,133 36,969 244,220 61.617 305.837 Costs allocation includ¢5 an elcment of judgement and the charity had had to consider thc cost bcncfit of detsiled l¢ulations and record keeping. To ¢n5urc full cost reLOV¢ry on projcct5 rhe chariry adopts a policy of allocatEng cost to the rcspcctive cost headinbT through the year. Thi5 allocation included supp)rt costs where they arc direLtly attributsblL. Thtsr¢fore IhL sUPPOrt costs shown arc a best cstimat¥ of thL Wsts that have been so allocated. NkT INCOIMEI(EXPENDITIIRE) Nel income/(expendiNre) is stated after Chargin￿{creditin&). 31.3.25 31.3.24 Lkptccialion- owned a55ets' 20,211 18,427 Pdgie 21 continud... Pembrokeshire and Carmarthen Mind Ltd Noles to the Fin#nti#l Statements- continued for the Year Ended 31 March 21J25 AIJDITORS. REMUh'ERATION 31.3.25 31.3.24 Fees payabl¢ to th¢ charity'8 audiloTS for the Rudit of ihe charity'5 financial statements Auditors, remunerdtion for non audil WOTk 5.933 4,856 4,848 3.990 In addition, feLs payabl¢ for ih¢ provi%ion of payroll services amounted to £4.387 for the year ended 3 1st March 2025 (£3.970 for ycar ¢nd¢d 31 st March 2024). io. TRUSTEES, REMU.YERATI0￿, AND BENEFITS There wettr no Itustees, rcinunerdtion or other ben¢fits for the year ended 31 March 2025 nor for the year ended 31 March 2024. Trustees, expenses Durin¥ lh¢ ycar cndcd 31 MarLh 2025 tNsl¢L'S wer¢ paid trav¢1 CXPLnscs ()[ £nil12024.. £nil). 11. STAFF COSTS 31.3.25 31.3.24 Wages and salaries Social security CO￿15 Other pension ¢05ts 1,037,649 73.622 66,672 755.415 48,885 50.408 1,177,943 854,708 The average monthly numbcr of cmployecs during the year was as follows.. 31.3.25 54 31.3.24 42 In furth¢r8nce of chariws obj¢Gts Administration 56 No cmploye¢s rcccived crnolumcnts in cxccss of £60,1)00. Pabve 22 continued... Pembrokeshire and Carnilrthen Mind Ltd Notes ¢0 the Finincial Statements- continued for the Yegr Ended 31 March 202.$ STAFF C.OSTS- continued 12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVII'IES-31 MARCH 2024 Uiirestricted Restri¢t¢d tunds funds Total fvnds INCO,Vll+. AND Tr:NDOWMEN'fs bROM Donations and legyaLies 389,292 115,539 504,831 Charlt*ble activities Re%ource ccnlrc Carers Supported housing Camiarthen 553,194 17.114 299.714 244.312 553,194 17.114 317,527 244,312 17,813 Totsl 407.105 1,229.X73 1,636,978 EXPENDI'fuRE ON Raisingi fimds 10,601 10,601 C.hgritMble activities Rcsourcc CLntrc Carers sUP￿rted housing C&M￿rth¢n 4.046 530,866 19,434 388.717 155,099 534.912 19,434 403.259 156,973 14,54? 1,874 31,063 1,094.116 1,125,179 Page 23 Lonlinu¢d... Pembrokeshlre #nd C&rm4rthen Mind Lid Note$ to the FillAncial StAtements- for th¢ Year Endeil 31 March 201$ 12. C.OMPARATIVES FOR THE STATEMENT OF FINANCIAL AC.'TIVITIES - 31 MARCH 2024- eont5nucd Unrestri¢ted nds Restricted rund5 Total tunds NET INCOME 376,042 135.757 511.799 RkCONCILIATIOli 0￿ fr'IINDS Total funds. brought fomrd 333.212 6110,312 1.013524 TOTAL FUNDS CARRILD TrOKWARD 709,254 816.069 1.525.323 13. TANGIBLE FIXED ASSETS Equipment and fixiurc Freehold property COST At l April 2024 Additions 703.345 54.447 17.401 757.792 17.401 At 31 March 2025 703.345 71.848 775,193 DEPRECIATION Ai l April 2024 Charge for y¢8r 36.754 8,970 42.395 11,241 79.149 20.211 At 31 Mowh 2025 45.724 53,636 99,360 NI'I" BOOK VALUF At 31 March 2025 657,621 18,212 675,833 Ai 31 Mar¢'h 2024 666.591 12,052 678,643 The property was purchased in March 2020 by means of a Welsh Govemmeni grant. 14. DEBTORS: AMOIII%TS FALLING DiIE WITHIN ONE YEAR 31.3.25 31.3.24 Grdnr and other d¢biors 43,317 108,480 Pdge 24 continued... Pemhrokeshire and CarmArthen Mind Ltd Notes to the Financial SiatemenLI- continued for the Yegr Ended 31 March 202$ 15. CREDITORS: AMOIJNTS FALLINCJ DUE WITHIN QNE YEAR 31.3.25 31.3.24 Bank loans and ovcrdr8fts (see notc 16) Social security and other taxes AccN¢d expenses 576 27,096 17,436 14.276 19,306 17,447 45.108 51,029 16. LOANS An analysis of the maturity of loans is given below.. 31.3.25 31.3.24 Amounts falling due withirt one year on d¢mand: Bank overdraft5 576 14.276 17. IOVF.MENT IN FIINDS Net movcment in funds At 31,3.25 At 1.4.24 Ilnreitricted funds G¢ftcral fund Supported Housing (UIR) Camiarthe 379.652 (14,108) 343,710 403,119 (468) 352.863 13,640 9,153 709.254 46.260 755514 Restricted funds Resour¢¢ ¢cntrc 227.300 14.693 147,767 221,556 204,753 82,028 (3,4931 5,028 (4,923) (18,865) 309.328 11,200 152.795 216.633 185,888 Supported housing Propcrty purchase Cannarthen R&stricted 816.069 59,775 875.844 TOTAL FUNDS 1.525.323 106,035 1.631.358 Pagc 25 continu¢d... Pembrokeshire Xlld Carmarthen Mind Ltd Note% to the FinAncial StAtements - etsntinu¢d for the Year Ended 31 MArch 21)2$ 17. MOvEmE￿,T IN FIJIIDS- continued Net movement in funds, included in the above are as follows: InLoming resources Resour¢¢s exp¢nded Movem¢nl in funds u￿reStrICted funds Gcncral fund Supported Housing (UIR) Catmarthen 41,lUI 20,904 10,987 117.634) (7,264) 11,8341 23.467 13.640 9,153 72.992 126,732) 46260 Restricted funds R¢sourre centre Carers Supported housing Propcty pU￿h&￿e Carn￿rthen RestriLted 975,964 17.114 334.159 1893,936) (20,607} (329,131) (4,923) 1190.256) 82.028 (3,493) 5.028 (4,923) (18.865) 171.391 1,498.628 (1,438,853) 59,775 TOTAL FUNDS 1,571,620 (1,465,585) 106,035 CompAratives for movement In funds Net movement in fvnds At 31.3.24 At 1.4.23 Unrestricted f￿ndS G¢neral fund Supported Flousing (UIR) Carniarthen 351,091 (17,¥791 28.561 3.771 343,710 379,652 {14.108) 343,710 333,212 376,042 709.254 Restricted fund$ Resource ¢enlre Car¢rs Supported housing Pro￿rty pur¢hasc Cannarthen RestriLted 200.049 17,013 236.770 226.480 27,251 (2,320) {89.(M)3) (4.924) 204,753 227.300 14.693 147.767 221.556 204.753 680,312 135.757 816,069 TOTAL FIINDS .013,524 511,799 1.525,323 Page 26 onlinued... Pembrokeshire and CArmxrthen Mind Ltd Nole% to the Fin￿ne[al Statements- continued for the Ytar Ended JI March 202.$ 17. MOVEMENT IN FII]IDS- eontinued Comparaiive nel movement in fund5, included in ihe above arc as follows- In¢orning resources Resourc¢s exp¢nded Movemeni in funds Unrestricied funds General fund Supportcd Housing (U/R) Carn]arthen 43,20¥ 18.31.1 345,584 (14,647) (14.542) (1.8741 215.561 3.771 343,710 407.105 (31.063) 376.IM2 Re5tri¢ted funds R¢50urce cenir¢ Carers Supwrted housing Property purchase Cannarth¢n R¢siricicd 553,194 17.114 299.714 1525.943) {19.434) (388.717) (4.92.3) 1155,099) 27251 12,320) (89,IM)3) (4.924) 204.753 359.852 1,229,873 11.094.1161 135.757 TOTAL FUNDS ,636.978 (1.125.179) 511.799 A curretit year12 month5 l￿d prior y¢ar12 months combined position is 85 follow5- Ncl movement in lunds Al 31.3.25 Al 1.4.23 Unrestricted funds cncral fund Supported Housing (UIR) Carniarthcn 351,1)91 (17,8791 52.028 17.411 352.863 403.119 (468) 352.863 333,212 422,302 755,514 Restricted funds Resourcc ccntrc Carer Supported housin8 Protejty purL'has¢ Camiarthen Re5tri¢tcd 2(K).049 17,013 236,770 226,480 109,279 (5,813) {83.975) (9,847) 185,888 309,328 11,2(X) 152,795 216,633 185,888 680,312 195.532 875.844 TOTAI. FUNDS 1,013.524 617,834 .631.358 Page 27 ontinued... Pembrokeshire #nd farmarthen Mind L¢d Notes to the Fin#ncial Stitement%- ¢(Jnlinued for the Year Ended 31 Mgr¢h 201$ 17. MOVEMENT IN FIJN'DS- continued A currenl year 12 month5 and prior year 12 monihs combined n¢1 movement in funds. included in the a￿ve are as follows.. In￿rnIng resources Resources expended Movemeni in fun(Is Unre%tricted funds General fund Supported Housing (UIRI Carn)artlien 84,309 39.217 356.571 {32281) (21,806) (3,708) 52.028 17.411 352.863 4110.097 (57.795) 422J02 Restricted funds Rcsourcc centre Carers Supported hou5in8 Prop¢ry purchasL Carinarthen Restri¢t¢d 1,529.158 34.228 633,873 (i) 531.243 {1.419.879) (40,041) {717,848) (9.¥46) (345.355) 109.279 (5,813) {83.975) (9.8471 185,888 2.728.501 (2,532.969) 195.532 TOTAL FUNDS 3,208.598 (2,590,764) 617.834 Thc regtri¢ted propcrty purchllsc fvnd r¢lares to u grnnt rceeivcd from thc Wclsh CJov¢rnm¢ni for thc purch&sc of property. Welsh Government h&% a legal charge over this property. The r¢striLt¢d funds. l.a￿led forward for the R¢sourL'e Centr¢, ca￿r5 and Supported Housin8 are inlend¢d for the improvement and expansion of scrvice delivery. as well &g to enhancc and build the capacity of th¢ organisation. Th¢ Trusiees intend to uiilis¢ r¢stri¢l¢d monies io ensu￿ safe and adequ8te Londilion5 for uscr5 of our services, sthff, volunteers and members of the public. Trustccs are mindful that growth needs elTective governance and managcmcnt, this will ensure the sustainability and fvrure proofing of th¢ organisaiion. 18. RELATED PARTY DISCLOSURES wcrc no related party trdnsactions for thc yrar umdcd 31st Marcb 2025. 19. RECONCILIATION OF NLT INCOMTr. ID NET CASH FLOW FROM OPERAI"ING AcfiviTIES 31.3.25 31.3.24 Net income for the reportinE period per the Statement of Financi*l Activitie5) Adjustrnent5 for: D¢precialion tyharge Decrcasel(increase) in debtor Incrcascl(decrease) in ¢r¢diiors 106.035 511.799 20,210 65,163 7,780 18.427 (46,999) (1,262) Net Cash provided by operations 199.188 481.965 Page 2R continued... Pembrokeshire And Carmarthen Mind Ltd Notes ¢0 the Financi*l Siatement$- Continued for the Year Ended 31 March 202.5 211. ANALYSIS OF CASH AND CASH EQUIVALENTS 31.3.25 31.3.24 Notice deposits (Icss than 3 months) Overdrafts included in bank loans and overdrnfts falling due within one year 957J16 (576) 789,229 (14.276) Tolal ￿$h and ¢&8h equivalents 956,740 774,953 21. ANALY&&lS OF CIIANGLS IN L¥ET FUNDS Ai 1.4.24 Cash flow At 31.3.25 Net c%sh Cash at bank Bank overdraft 789,229 (14.276) 168,087 13,700 957,316 (576) 774,953 181.787 956.740 Totxl 774,953 181,787 956,740 P#Li¢ 29 Pemhrokeshire CArmarthen Mind Ltd Detailed Statement of Financial Activities for the Year Ended 31 March 21)2$ 31.3.25 31.3.24 INCOME AND ENDOWMENTS Donations gnd legacies t)onati0th8 Room rcnl Fun(ts transfer from Mind Carn￿rthen 46,957 5.132 49,815 2,313 452,703 52.089 504,831 Charitsble activities Grants 1.519,531 1.132,147 Total incoming resources 1.571.620 1.636,978 F.XPF.NDITURE R3isin% don¥¢ions and le%¥cies Wages Social security Pensions Siaft'¢xp¢ns¢s 8.163 579 524 55 1,450 1,166 1,651 5.554 359 371 78 1,223 1,035 1,981 Insurancos atMI subscriptions Plant and machinery 13.588 10,601 C.h#ritxble activities 874.408 62,040 56,183 37,854 18,122 13.450 11.959 6.605 2,208 5,683 644.331 41,697 42,996 39,589 16.796 27,144 23.675 5.632 2.089 6,356 Social se¢uriry Pensions OITice rent and wa*r rales Pcmbs Housing Association Light und hcut Rq)airs and Inatntcnan¢¢ Clcuning Tclcvision liccncc and rcntal Refrc%hm¢nts ActivitiCS Staff travcl and cxpcnscs Volunt¢er expenbes dnd training Sub contractors j! 7.201 35,062 1.849 13.536 9,807 23.507 676 9,024 1,146.160 893.319 Support ¢05ts M#n¥gement Wagcs Social security Carried forward 118,349 8.397 126.746 80.535 5.212 85,747 This pa&Te does not fomi part of the Slatulory financial statements Pa&>e 30 Pembrokeshire and Carmarthen Mind Ltd Det¥iled.S¢alement of Fin#DciMI Ae¢ivities (or the Year Ended 31 March 2112$ 31.3.25 31.3.24 Mthnagemenl BrLiught fo￿￿rd Pcnsions Stdff expenses Office costs Staff trdining and recrnittnent InsuranLes, ￿￿]]]￿tio[l5 and sub5CriPtIOn5 Promotional cos14 Profegsional fees Plant and ma¢hiDcry 126.746 7.605 804 25.782 19,786 23,391 8.350 14,925 16,831 85,747 5J74 1,135 21,419 2,449 22,206 7.884 15,061 14.777 244,220 176,052 Governance cogts Wa¥¢5 Social sccurity Pensions Auditors, remuneration Auditory, rcrnuncration for non audit work Staff ¢xpens¢s Office costs Bank charges Dq)rcciation of tsngible fixed 2ssth% 36,729 2.606 2,360 5,933 4,856 250 6,525 630 24,995 1,617 1,667 4.848 3.990 352 5.501 568 J}. 1,728 1.669 61,617 45.207 Tot81 rcsourc¢q ¢xp¢ndL 1.465,585 1.125.179 Net incorn¢ 106,035 511.799 This pase dues not forni part of the stdlulory finan¢iJl stslcmcnls Page31