REGISTERED COMPANI, NUfvIBER: 09449i8i (Englan(l and Wales) REGISTCREDCHARITI, NUMBER.. 116133 REPORT OF THE I"RUSTEES AND TATEM R THE YEAR ENDCI D31 fvIARCFI 2024 .4NE IMIN *ADD88M34• 0711012024 COMPANIES HOUSE
243
Ch41rles &, Co Cliai1ered Cerli I led Accoiinlaiiis J fvluri'ay Sireel Llanelli Camiarihenshire SA15 IAQ
LLANLLLI fvIIND CONTENTS OF THE FINANCIAL STATEMENT FO TH CAR ENDED I lARCH 2 24 Page Repoi* of the Trustees Independent Exiiminer's Report St4iemeni of Finthnciul Activities Baliinee Sheet Notes lo tlie FinnnciAI StAtem¢nts 9 10 li Deigiled Siatement of FiniiiiiiAI Activities 16
LLANELLI MIND REPORT OF THE TRUSTLES R TI.IE I'EAR ENDLD31 MAR H 2024 The inistees iyho are also directors of the charity for the purposes of the Companies Act 2006, present their report with Ihe financial statenients of the charily for Ilie )i¢ar ended 31 March 2024. "rhe trustees have adopted ihe provisions of Accounliii¥ and Reporting by Charities.. Sialeii)¢nt of Re¢omiiieiided Pr#ciice 41pplicable lo charities pr¢parI114 their accoiiiils in aL'cordaiice wilh the financial Rep)rtiiig Standard applicable in the UK dnd Republic of Ir¢laiid (FRS 102) leffeciive l Jai)uary 2019).
LLANELLI MIND REPORT OF THE I'RUSTLES FOR THE I'EAR ENI DED31 MARCH 2024 OBJECTIVES AND ACTIVITIFS Objectives #n(1 iiims Llaiielli Mind is 01)e ol. a network. of local Minds in Wales. Wo11]g to iniprove tl)e lite of i)eople affecied by 17ienlal distress. We. are an independeiit charity ii) our owii right and ive welcoine the iiivolvemeni of people ivho theniselves elperience n)ental health problems participlllino as 'lrustees, staff, voluiiieers or fvnd-raisers. Visioii.. We will nol give up until everyone experiencing a iiienlal healih probleni gels boih supwrt and respea. Oiir Mission: We pi'ovide advice and support lo emw)iver anyone experienLin¥ a menlal health problem. We cainpaign 10 iiiipl'ove services, raise aivareness and proniote undersiandin(T Ive work 10 Create a beller life 'for everyone wilh experieiice of nienial distress in¢ludingJ eareis, faniily. friends dnd supporters. Goals.. Siayii)g ivell .. Proiiioling giood Ie1)i8[ health aiid wellbeing. Enipowei'ing Choice.. for people. who experience k mental healih problem, to i)iJke informed clioices About how ihey live aiid IEcovei'. Iniproviii&J services Mnd siii)i)oil.' ensuring Ih<il people re¢eive the api)ropi'iate services and SLlPPOrt al Ilie right lime lo help their recovery and 10 enable il)eni io live will) Ili¢ii' ii)enlal health probleiii. Iiiabliiig socii( I partiiipalion.. opeiiing the dooi's lo people with e,Yperience of menial h¢alili problen7S to enable iheiii lo partlClP¢iie fully in society. Removiiig inequaliry of opportiinity.. Slriving for eqiialiiy of ireatmcnr for people who experieiicc both mcnial h¢altli probleii)s and oiher for171s of discriiiiination, OrbJaiiis(Ilional ei¢ellei)¢e-. iiiaking the most ofoiir a55els by buildin¥ a ciiltLirc of excellence. Public Beiiefii and Aims.. The Trusiees consider hoNv pl8iiiied activities ivill coi)tribuie To tlie c1iins and objectives of ivorkin¥ to creaie a beiier life foi. everyone with e,Yperience of iiientHI distress. They do Ihis.. by advill)¢iiig the views, i)eeds and ainbilioiis of people affected by iiieiital distress {inelLiding carers. faiiiily. frieiids and supponeis. By iiiflLiencing policy Ilirougl) involveme.nl in the plaiining, developin¢nt and review of local niental healih scrviLes' Coiilinue lo chall¢n(Fe disci-iminalion, whilst promotiii? incliisioii. "rhi()Iiiyli the development of qLialili' services. ¥vliicli reflect eipr¢ssed, i)e¢d and diversity. Striviiig lu create equal righis through ihe creation ofopwitunity. Objeclivcs for ?024 -202): l o slrengihen the collaborative ivork with the loLal Mind5 across West Wales aiid Mind C)Inirii' "ro continlie lo strengthen ihe relaiionship Nviih our pani)ers ld slakeholders wiihin the cominunity of Llanelli and 511rioundiii(Y areas- 'ro nilliiirl& iii and develop our core services to membeis and the wider conimuiiiiy. To conriiiue lo e.¥plore business developniefli opwrtuniiies Ili<it increases our re<lcli lo those experiencinth Inenlal distress. Page 2
LLAIYLLI.I IMIND
REPORT
F THE TRUSTEES
FOR THE I'EAR ENI DED31 MARCH 2024
ACFIIEVEMENT AND PERFORIMANCE
Chai'itable aelivities
The year ?02i-20?4 has been rked by sigiiificanl achievements for Llanelli Mind. solidifyinsj our wTrsition not jiisl in
Llanelli and Caniiarthensliire, but also exteiidiiio our influence beyond these regions. The liiigerinLTr effects of Ihe
Covid-19 pandeniic have heightened the recognition of nieiilal liealih issues and iiicreased ihe deniand for our services.
Our dedicated teani lias ivorked lir¢lessly 10 piovide excepiional support lo iiumerous vulnerable iiidividuals in OLir
commLinity.
Our primary focus remains on foslerinLY resilience i¥ithin the comii)unitJ', ealering to diverse agye tyroLlPS from ihe youiig
to the elderly. Central to oiir niission is il)e coln)itle1)I lo good governance, an area 111 which ¥ve have niade substantial
prooress over ihe si year. The appoinliiieni of ali Operations Manager has been pivotal lo oiir organisational oio%Yth,
bringvji)¥ valuable expertise and driving oiir progress foiward.
We l)ave welcomed iiew staff mcnib¢rs i¥hose enthusinsni aild fresh perspeciives have been in5triimental in our
developnient. De5Plte setbacks, such as the loss of the LHB fiindino
for ilie "I"¥viliohi Sanctllilry, Ive l)ave seized neiv
opportiinities, iiicliiding securinu fuiids 10 refurbish the kitcl)en ii) our Inkemian Sti'eet offices, Ivl)i¢h ivas opet7ed by ihe
M1¢ yor of Llanelli.
Our fuiidraisin¥ efforts l)five seen sigiiificanl slrides, highlislited by a mental healil) aivareness ¥veek in collAboralioii
with Tala Steel. I"his eveiit featui'ed slafl, and voluiileers participaling, in a cold Waier Iherapy dip ar Nonh Dock.
deiiionsiraling oiir coniiiiilmenl 10 menial health awareness and conimunily engvagement.
We have siiccessfull J, delivered ihree COLinselling services within Il)¢ Elli clusier and are expdndinbr Ihis Inodel 10 oiher
iyas, includi1?¥ Ihe Upper Swaiisea VallÉ'y. Lookingy ahead, we l)ave comniitled 10 be¢oiiiins* a 4ero-ioleraii¢e anti-ra¢isi
oi'ganisaiioii ai)d havc developed a carbon rediiciioii sirnte¥y, k)in)ing io ciil eniissions by J4 /ty by 2030.
'In siininiary. we have built upon the robusi foiindations laid by our ieain ai)d are actively planiiing for ihe fullirc.
E,xciliiici opportiinifies lie aliead, inclLI(lingY an upcoming 'l'Liiidraisin(y ball. To(yethei', iiie continue io advi< 1)ce OLir missioii,
providing essential mental livalih servic¢s aiid fosierinu a resilieiii, supportive coniniuiiiiy.
b'lNAINC.'lèlL R£Vlb.W'
[1 inllnciiil po.$ilion
Tl)e results of ihe chkirily are shown in lh¢ Siaiemeni of Finaiicial Acliviiies on pathiie 8. 1.he nei iiioveiiienl of uni'esii'icied
lunds an)OLlllted (o £?72,484 12022123 £18,69i). The unresiricted resernes of the charilv al the vear-end amounred lo
£579,538 ofivhieh £459,480 currei)I wilh £120,058 invested in Fixed Propeily.
'roial incoine for the ye
LLANELLI MIND REPORTOFTHE TR STLES liOR THE I'EARENDED31 MARCH 2024 STRUCTURE, GOVERNANCE AND MANACEMENI" Coverning doevnient I"he orb)ani5ation is a chai-itable company limited by guarat7tee, incoryY)rated on 19.02.?015 and registei'ed as a charity on ?0.04.?015. The Lompany was established uiider a Memorandiii)i ot. Association Kvhich established the objects and poNvers of the charitable company 1( nd is governed uiider ils Articles of Association. Recruilnient nnd Appointment ot. iieiv trustees The Trustees have esTabli5hed a single class of Iiiembetship. for individuals suffering froni mental disii'ess aiid Ihcir Carers, family, friends and supporters. Members of the coinpany guaraniee to coiitribule an amount iioi eYceedinÉy £ I O to the assets of the coiiipaii>* in the event of winilintr lip. -rhe TrLisiees, who are also the directors and olCerS of the L'ompanv, consiitiiie its Board. The Board nieets quarterly and officers are available for consuliation by staff. individuftlly aiid collecl ively, in Ilie interim beiween meetiiigs. Ai ei?Lh ai)nLial general meeiing (AGM), oli¢ third of the Trusiees reiire by rolaiion bul cai) siaiid for rt-¢leciion. I'rvslees are appointed by election al each AGM, beiiig proposed by TrLisiees or iiieiiiber5. During? Ihe year the Trustees, Iviil7 such Trustees holdin¥ office uniil ille folloivin¥ AGIM, may m41ke T1'uSt vacancies filled and appoint additional Irusiees. Trustee Re¢riiilment, Induction and Traiiiing As an or¥aiiisalioii. we work proactively to seek out new Tnistees with the skills, eAperieiice and divei'sily 10 neci the coiiiniiiiiilies in wliich we ivork. All prospectiv¢ Irustees ¢ompleie a skills audit lo allow LIS to assess tlie conlribulion5 they iiiay be able io i)iake 10 Ihe existing Tnislee Bo<1rd. We provide prospeclive Trusie¢s with coniprelieiisive it)tomiaiion 10 help Iliem understand Ilie charity aiid responsibililies ol, beconiingi a Trusie¢. Prospe¢iiv¢ candidfties al'e interviewed b), Ilie. Lliair and Chief c.¥eculive and Ill<ly theii be inviied io aiieiid a board Ineeling as an observer. Appoinimei)ts will be SLibjecl lo rhe vole in a Board Prior 10 iippoinimei)l ive ask Ilial prospective Tnislees lii&ik'e clear Ihat Il)ey'. undersiand aiid aLcepi ihe role and legal respoiisibililies of being Trusree where those aLiions will be ¥ovemed by charity and company I'£lH', rl. able 10 coiiiiiiil siitTicieiit lime io bein¥ a Truslec. are Nvilling to becoii)e a menibe.r ol. Llanelli Mind. accept Ihe lis510n, A inis aiid ObjeLlives of Llanelli Wlind. We Follow ihis lip with an ii)duclion PlDC¢SS lo eiisure th41t neiv Triislees hcive the OPPOnunity to laniiliarise Ilieniselve5 with th¢ orujaiiisalion and ihe L'onle.Kl iviil)in which li works. The Chair of the Board of D1ctOrS lii<ilidg)es Il)e induclioii proces5. Org:Ini5qtionlll slriicturÈ The Board delcgiiles (lay-lo-day maiiag¢i)iei1i of the cl)lÉ riry io Ihe CFO, Ivlio allociiles wiihin ilie Manageii)ei)t Teani key respoiisibililies tor core service delivery, servile developmenr, oversi¢4ht ol. H R processes arid procedLire5, Healih thnd Safetv, Iriiiiiing and stKifi' development, fii)anLial pliiiining and hdni inistraiioii, volui)ieer developmeni aiid eslales iiiaiiaL?ement. Risk manageinent Tlie Bo¢ird regiilarly Inoiiitors siginilicant risks 10 lvhicli Ihe or¥anis<ilion is e.xpose(1 1¢ 1)d coi)dLlClS an annual review. Nvhei'e appiopi'iale, syslems or pio¥edures are in plaLe io miligaie the risks the organis411ion faces. E.Iiernal risks to fundino are mana(ved IhioiiTrh close budgei scriiliiiji and plannin¥ and ih¢ developineiil of J strategiie plan. which will e.Kainine financial SLlStaiiiability. Inremal fiiiancial i-isk-s Jre minimised by the iniplemenr(Ilion of policy and procedure5 for aiiihorisalion Df 4111 transactions and budget spends. There is also policie5 as well a5 an annu<11 audit for Healih & safet),. Consideri1)8 ilie challei)ges faced rh¢ Board of Triislees confimis Ilial the chariiy IrLlStees liave coniplied wilh their duty its liave dLie re()Ard to ihe &>uidiince on piiblic. benefit i)Iiblished bv the commissioi) iii exercisingi Iheir powers or duiies. Page 4
LLANELLI MIND PORT OF T FOR THE YEAR ENDED 31 MARCH REFERENCE AND ADMINISTRATtVE DETAILS Reglstered Company Dumber 09449585 (England and Wales) Reglstered Charlty number 1161335 Registered office 2&28 Inkern]an Street Llallelli SA15 ISA Truste Mrs H J Davies- Parnons A S J Mq)bersoD A J Protheme SGThon l J Phillips A R Bragoli (appointed 6.7.23) Company Secretary Independent Examlner Robert Ashley Williams. Charles & Co Chartered Certified Aceountants 3 Murray Street Llanelli Carn)artbenshire SA15 IAQ Approved by or of the board of trustees on 24 September 2024 and signed on its behalf by: A S Y Mcpherson- Tnjstee Page 5
IIYD PLIYDEINT EXAfyqINFR'S REPORT T AN'EL I MIND THL TRUSI"LES OF Independeiit examiner's repoit to the trnstees of Ll44 nelli N,lind ('the C(>mpilny') I report lo the cliarity tnisle¢s on iiiv examinatioii of the accounis of tlie Coiiipany for the year ended i l March ?024. Respoiisibilities gnil bASiS of report As ilie cliai'ity'5 Irusiees of Ilie Coinpany (and also its direclors for the puwses of coinpany la¥v} yoii I re5ponsibl¢ for the pi'epararion of Ihe accoLill15 in accordance wilh the reqLiirei))enls of Ihe Con)panies Aci 2006 {'Ihe 2006 Aci,). Haviiig satisfied niyself that the accolinis of the Coiiipany are not reqiiired 10 be audited uiider Part 16 of the 2006 Act 11d are eligible for independent examinatioii, I report in respect of niy eKaniination ol. your chai'ily's accounrs as carried oul under Seciion 145 of the Charities Act ?01 I I'tlie 2011 Act.). In carryingi out my ex8miniltion I have followed tlie Dii'eciions given bv Ilie Charifv Commission under Section 145(5) (b) of the 201 I Aci. Independent examlner'$ slntem¢nt SinLe your charily's gross iiicoi)ie e,x¢eeded £250,000 your examiner niiisi be. a iiieniber of a Iisied body. I can Coiilii'm Ilinl l ali) qualified lo iinderlake the exainiiialion because l ain a Ineiiiber of ihe Associaiion ol. Cliartered Ceitified Accoiinlanis, which is one of Il)e listed bodies. I have coi)Ipleied my examination. I confirni that no malt¢rs have conie lo niy attention in coiineciion willi tl)e exaiiiinaiion oivin<v me Caiise lo believe: accouniiiig Ircords ivere iioi kept in respect of the Company as reqiiired by Section 386 of Ilie 2006 Act; or Ihe accounls do not accoi'd with those recoi'ds. oi. 11)e accounis do i)ol coii)ply iviili Ilie 4lCCOIII)lin¥ reqiiirenieiits of Se¢iion 396 ol, Ihe 2006 Aci other ih¢ili any requirenient ih<ii ihe accoiii)ts give a Irue aiid fair view ivhich is not a iiiatter considered as part of an ii)dependeiil ex#mii)alion' or the accoui)Is have iioi been prep<1red iii accordance iviih the nieil)ods and pi'iiiciples of the Si¢iiemenl of Recommeiided Pi'aelice for accounliiiu aiid reportiiiu by charities {applicable 10 ¢h&irilies pi'eparing their ¢iccounts in accoi'd¢ince willi the fii)ancial Repurting Sicindard applicable in the UK lind RepubliL' of Ireli¢ 1)d l FRS 1021). I have no coiiceriis arid huve Loi)ie across no oihi'r niaiiers in Conneclioii ¥viih ilie e.xamini?lioii lo ¥vhich atteiitioii shoiild b¢ (11'471I'n iii Iliis Irporl in oi'dei. lo enable a piopci. Liiid¢i'stJiidiiiTr ol'ihe accouiils lo be l'eached. Robert Ashley Mlilliani5. The AsSOCiatioi? of Cl?artered Ceilified AccoLinlanrs Charles & Co Ch¥Lrtered Certified AccoLinl<llllS J MLIITay Sireel Llanelli Cli rniarihenshii'e SA15 IAQ ?4 Sepleniber ?0?4 Page 6
LLAINFLLI MIND STATEMENT OF FINAN'CI.41. ACTIVITIE. R TklE I'EAR ENDED3.1 lARCH 2024 2024 Total fui)ds 20?3 Total fui)d5 Unresrricted fund Resiricted funds Notes INCOIME AND ENDOWMENI"S FROM Donaiioiis and legacies 80,738 543,658 6?4,396 815,613 ENPCNDITURE ON Chariliible ilctivities GENI ERA.L 85,382 529.339 614,721 662.808 NF."I" INCOIIIEI(EXPF.NDITURL) 14,644) 277.128 9,675 152,805 I"rnnslei's between lunds (?77.128) Nel movement in funds 272,484 (262,809) 9.67) 152,805 RECOIYCILIATION OF FUNDS Totiil funds brou,,ht foNard 307,0>5 431,033 7i8,088 j85 ?8 J TOI"AL fuyi DS CARRIF.D FORIVARD 579,539 168,?24 747.763 738,088 Tlie notes forni part of Iliese finhncial sraienienls Pagje 7
LL LLI MIND CE SHEET MARCH 2024 2024 Totsl 2023 Totsl funds Unrestticted Restricted Notes FIXED ASSETS Tangible assets 120,058 120,058 120,058 Debtors Casb at bank 51,345 581.473 468.932 168225 637,157 468,932 168225 637,157 632.818 CREDITORS Amoullts faUiDg within one year (9.452) (9,452) (14.788) NET CURRENT ASSETS 459.480 168225 627,705 618,030 TOTAL ASSETS LESS CURRENT LIABILITIES 579,538 168225 747,763 738,088 NET ASSETS 579,538 168225 747.763 738.088 FUNDS Unrestricted funds Restricted fidS 579,538 168225 307.055 431.033 TOTAL FUNDS 747,763 738.088 The charitable compony 18 cntitled to exemption from audit uoder Sethion 477 of the Comp8Dies Ad 2(M)6 for the year ended 31 March 2024. The members have not required the company to obtain an audit of its financial 6tat¢m¢Dts for the ar ended 31 Mah 2024 io accordallc¢ with Section 476 of the Compani¢s Acl 2(K)6. The InleeS acknOwl18e their Tesp005ibilities for {a) ensuring that the ¢haritable conwany keeps aCUaLltig rerA)rds that comply with Sections 386 8nd 387 of the Companias Act 2006 and pffparing financi81 statemejts which give a true and fair view of the state of affaits of the clwilable company as at the end of each fuwicial year and of its surplus or d¢ficit for each financial yeaT in arxordanc¢ with the requirements of Sections 394 and 395 and which othmvise cornply with the requirements of the Companies Act 2006 relating to fiDan¢ial stst¢menl4 $0 far applicable to th¢ Cfftwitable company. (b) These financial slatements bave been prepar1 ID actorthce with the provisions applicable to Cbaritsble CODyanies subjert to the small companies regime. The financial statements were appyoved by the Board of Trusteu al authorised for issue on 24 September 2024 and wer¢ signed on its b¢haif by: A S J Mcpherson- Tnte¢ The notes form part of these financial slatements Page 8
LL.4NLLLI MIND NOI"ESTO THE lrylN'ANCIAL TATEMIENTS R THE YEAR LNDED31 MARCH ACCOUNTINC POLICIES BASIS prep#rbng the finAnei%l stll tements The financial slaTen)ents ol the charitable ¢ompaiiv. which is a public benefit eniity linder FRS 102, have becii prepared iii accordance iyiih the Cliarilies SORP (FRS 102) 'kK¢counting aii(l Reporting by Charities.. Sialenient of Recommei)ded Pracrice aiiplicable 10 chai'ilies preparing their accounts in accoiylance ¥viih the Finil iicial Reponints Standard applicable in the UK and Republic of Ireland IFRS 102) {effective l Jaiiuary ?019)', Financial RepotTino Standard 1.0? 'The Financial Reportin8 Standard applicable in the UK and Republic of Irelaiid, and tl)e Companies Acl 2006. The fii)ancial siaienienls hLive beeii prepared under the historical cost conveniion. FiD4nciiil reporting $tiindMr(1102 - reduced disclosure exenii)lion¥ The charil¢ible ¢ompaiiy has taken advaniaTr¢ of tl)e folloiviiig disclosure eyemplioi) iii prepitriiigi Ihcse financial staiements, as peniiiiied by FRS 102 'The Financial Reportinty Standard applicable 111 Ihe UK aiid Republic of Ireland.: the requirenienls of Se¢iion 7 Staienieiil ofcasli Floivs. Income All income is recognised in Ilie Statemeni of Fiiiancial Aciiviiies oiice the ch<lrily has enliilenient 10 the fLbnds, il is probable thai rhe income iyill b¢ received aiid ihe %mouni Cai) be n)easLired reliably. Expen(JiturL' Liabiliiies 16 re re¢o¢Jnised 1¢ s e.Ipendilure ns sooii as ihere is a le¥al or consiriiciive obli¥ation coiiiniiltin(y Ihe charirj, Ii) that expendiiiire, il is piDbable. Ihlt l a Iransfer of econoiiiic benetils will be reqLiired iii seiilemenl and the amoiinl of ihe oblioalion can be measured relicibly. E.xpendilure is accounied foi. on an accruals bÉiSiS aiid has been classilied uiider heudi17ss Ihai agoresjale <711 cosi relate(I lo the category,. Ivherc costs Caniioi be direcily nribuied lo panicular lieuilings thev have been nllocaled lo aLiiviiies on a basis consisiliil iiiiili the use of resoiiiL¢s. iingiblL lixeil Mssets Depreci4ilioii is provided t)t the folloiving aiiniial raies in order lo ivrite off eacli asset over ils eslin)aied useful Freehold property Plant and machinery iioi provided 200/0 on cosl Fixed Asseis purchased wilh re#iricted funds are expei?sed in the year ofpurchasi.. Tii.¥nlion The cl)ariry' is exempi Iioiii coi'wiralion 1i&.x on its ch&2ritable acliviiies. Fun(11i ccoiinliiig Unrestl'lLled fuiids can be iised in accordance iviih lh¢ chariiable obje¢iives ¢1t ihe discittion of Ihe Irusiees. Resrricled liinds cali oiilv be used for partlLular re51ricte<l PLirposes iviil)in the objects of rhe chariry. Resirictions arise i¥heii specitied by ilie duiior or when fiinds att raised for parli¢ular restricted PLirposes. FuJTlier e,xplcinaiion of the iialuir and purpose of ehcli fund is included in ihe notes lo the finlK ncial sriileiiients. Pension cost$ iin(l oiher i)05t-I'cliremenl benefits The charitable LOliiP¢iny operliles a defiiied ¢ontYibution peiision schenie. Coiltribiitions payable lo il)e ch47rilable compan) s peiTrsion scheiiie al'e charged io the Statemenl of fiiiaiicial Activities iii the period 10 iyhich ihey relate. continued..
LLANELLI MIIND NOTES TO THE FINANI CIAL STATEMENT FOR TIIE I'EAR ENDED31 IllAR continued DONATIONS AIYD LEGACIES 2024 Donations Grniits Inieresi 17,402 798,063 148 608,154 4,661 624,396 815,613 Grants receivcd, included in the abovc. B as folloNvs.' 2024 Genernl Other grdnls 629,126 (20,972) 798,063 608,154 798,063 CHARITABLE ACTIVITIES COSTS DireL'I Cosis GENERAL 614,721 TRUSTF.ES' IIEMUNERAI'ION AND BENEFITS There ivere no Iriisl¢es' reiiiuneniion or other benefits loi. rhe vear ended .? l MarLh 2024 nor for the year ei)ded 31 March 2023. Ti'uslecs, e.Ip¢iise$ iere were no Irusiees, expenses paid lor the year ei)ded 31 fvlarL'h 2024 nor for Ilie yenr elided J l March 2023. STAFF COSTS 2024 Wages and saltsries Oiher pension costs 505.857 25,791 513,039 531,648 i46,660 l-he averasie iiionihly niimber of employees diiring the yer)r ivas as follows; 2024 2023 Manaoemeiil Project Ivorkers Adniinislration 29 32 No employees received emolLimenls in excess of £60.000. pllLe l O continued..
LLANELLI MIND TE TO"fH£ FINANCIAL STATEIMEJ'TS- continued liOR THE I'EAR ENDFD31 MAR 14 2024 TANCIBLE FIXED ASSLTS FehOld property Planl aiid machiiiery Totals COST At l Api'il 202J aiid 31 March ?024 120,Oi8 881. 120,939 DCPRECIATION Ai l April 202) aiid 31 March 2024 881 881 NET BOOK VALUE Ai J l March 2024 120.058 120,058 Ai 31 March 2023 120.058 120.058 DEBTORS: AMOUNI'S FALLING DUE WITHIN ONL YEAR 2024 0?3 Trade debiors CREDI'I"ORS: AMOUNTS fALLlING DUE IVITFIIN ONE I'EAR 2024 Accrued eApeiises 9,452 14,788 ,IOIIEIMLNI" IN FUNDS Net niovenienl in fun(15 Transfers betwecii tiinds At 1.4.23 31.3.24 Ilnreslricle(I fiin(Is Geiieral lun(I 107,Oi5 (4.6451 277,128 579,-$38 Restricled lunds CLUSTER Tivighlitshi SanLiiiary Civych Croeso A¢iive Moiiiloi'ing Befriending, I Belriending 2 I'elcome Centre Mums fvlallei. Cl)ildi'en & I'ouiig People Sm'aiisea Vlll loy CILbsier Refurbishmeiir Gi'ani Operations Developniciit Hoardino Social Incliisioii DAY Opporlui)ities Poiilardaive Backloo Carers Ftind 33,517 96.726 87..309 21,.i93 17,062 7,277 (6791 (?9) 40,794 (96,047 } 187,2801 16,4241 120,483) 160.718) (7,408) (10.003) {5,750) 3,421 125,795) 14,1498) 1913) 42,408 1.601 (12,4791 (7.810) 5,000 10,916 57,893 32,978 12.479 18,000 10,190 5.000 187 187 900 (900) 431,Oi3 ?77,128) 168,225 I'OTAL FUINDS 738,088 9,675 747,763 Pa¥)e I I ontinlied...
LLANLLLI fvIIP4D NOTES TO I-HE Tr INANCIAL STATEII JICI Ni TS- continued FOR THE I'EAR EYI DED3I NIARCH 2024 MOVEMEYI T INI FUYI DS- continued Nel movemenl iii luiids, incliided in the above are as follows.. Incoming resources Resources expended fvlovemtni in fLinds Unrestricted funds General fund 80,738 (85,3831 (4,645) Restricted funds CLUSTER Twiohlight Sanctuary Cwyeh Croeso Active Monitoring Befrieiiding I Befi'iendino 2 Vel¢oi?ie Centre Muiiis Mailer Cl)ildreii & Youngy People Swansea Valley Cluster .Relurbishmenl Graiil Ope.ralions Developiii¢nl Ho<irding Social Iiicliision DJY Opportunilies Ponlc1rdawe Backlo¥ Careis Fund 104,743 (97,466) {50,813} (29) (46,232 } {12,677) (52,6771 (11,927) 1912 136,4?9) (49,2)3) (16,298) (29,809) 7,277 (679) (291 5,963 52.195 16,098 26,88? 7,029 (25,79.$1 (4.898 j 78,8)7 42,408 3,819 21,999 5,000 63,681 5?,841 7,567 2,000 (1?.479) (7,8101 -5,000 (63,630) (52,6i41 {7,4)21 (1,100) 187 900 i43,658 (529,J38) 14,320 TOTAL frUNDS 624,396 (614,721) 9,675 Paoje 12 eoi)tinued...
LLANELLI MIND. NOTE TO THE FINANCIAI, S'FATF.MENTS- coiitijiued FOR THE )'E.4R ENI DED 31 NIARCH 21)24 MOVEMEYI T IN FUINDS- continued Compiiriitives for movement in funds Nel niovemenl in funds Transfers beiween IndS Al- At 1.4.22 Llni'estricled (und5 Geiieral fund 288.354 {28.9871 47,688 307,055 Restricted funds CLUSTER Ti¥iol)lighi Sanctuary Civych Croeso Active Moniiorin Befriending I Ty A Goral Befrieilding 2 Welconie Cenlre Nliims Matter Llety (Pobol) Cliildren &, Yoiii)&J People Sivaiisea V¢1 Iley Cluster Relurbishnicnl Gi'ant 19,6il 99,491 46,809 8,164 851 19,443 55,798 1,004 13,866 (2,765) 43,841 li,70i 22,711 96,726 87,309 21,593 17,062 (J.J41 } (2,274) {6,iOO ) (19,443) (2,492) 18,000) 3),207 19,302 7,221 (1,32J) 86,513 10,916 927 41,096 396 (2,5001 13,534} 21,235 31,377 12.479 34,911 12,479 296,9?9 181,792 147,688) 431,03J I'OTAL fuNDS 58S,283 l j?805 7i8,088 Coiiip<ifiiiive nel niovemeni iii fui)ds. iiicliided in ihe above are as follows: In¢oii)iii resoLirces Resources e.xpended Movenieni Unrestricted funds Gciiernl fund 87,992 {116,979) 28,987) Reslricle(I fun(Is CLUSTER 101.341 96,5J6 84,29? 48.602 46,515 109,915 187.4751 (99,-?01) {40.4.51) {32:899) {2J,8041 176,728) {39,5751 (11,245) (1,323) 171,6241 (48,88i ) l i.866 {? 765) 4).841 Tivii?hlighi Sanctuary Cwycli CIDeso Aciii'e fvloiiiloring Befriendin(I Beli'iending 2 Velcome Ceiitre. MLlliiS Mallei. Lleiy (Pobol) Cliildrcn & YoiingTr People Siv¢insea VÉilley Cluster Returbislimenl Grclllt 18,466 7.221 {1.3?3) {17,J611 54.263 83,794 25.000 12,479 727,621 {54fj,8?91 181,792 TOTAL FUIYDS 815,61) 1662,808 } 152,80) Pa&Je 13 continiied...
LLAYELLI fvIIND NOI"ES TO I"HE FINANCIAL STATEI),ICYI I. FOR T EAR END qAR eontiiiued MOVEfvIENT IN FUNDS- continued A Current year 12 months aiid prior year l ? nionihs combined posiiion 15 a5 follows.. Nei Inovemenl in funds Traiislers beiween funds At At 1.4.22 Unresti'icted funds Genernl flbnd 288,354 {JJ,6J21 324,816 i79,538 Rtttriete(I fiinds CLUS"I'ER Twighlisiht Sanctuary Civvcli Cioeso Aclive Monitoi'in Befriendinq I Ty A Gofal Befriending 2 Wel¢oiiie Cenlre Mums Matter Llety IPobol} Children &, )'oun8 People Sivaiise&i Valley Cliisier Opentioiis Developn)ei)t Hoardiiig Soci411 Iiiclvsion Dic y Opponiiiiilies Pontai'diilve Backlo¥ Carei's FLind 19,651 99,491 46.809 8,164 851 21,143 (i.444) 43,812 21,666 26,132 40,794 (96,0471 (90,6211 (8,698) (26,983 {19,443 (6) ?101 115.408) (10:OOi) 396 18,2fj0) ().5141 18,000 21,132 55,798 1,004 3,695 927 41,096 7.412 14,404 (l.i231 25,047 36,51? (7,810) 5.000 57,893 32.978 10,190 5.000 187 187 900 1900 296,929 196,112 1324,816) 168,?25 TOTAL bUNDS 585,283 162,480 747,763 Pagie 14 ¢ontinued..
LLANELI.I NIIND NOTE TO THE FINANC'IAI., STA'fFMlI Yi TS- conliiiued oR'rkiE I, AR I IllAIiCH 2 24 fvIOVLN'IENT IN FUNDS- continued A CLirrent year 12 months and prior year 12 nioiiihs L'on)biiied nei movement in funds, included in the above are as follo¥vs'. Ineomintr ".Resources expended Movement in funds resources Unresti'icted (uiids Geiieral fund 168.730 {202,3621 133,632) Re5tri¢ted funds CLUS-fER Twighlighi Sanctuary Civycli Croeso Aciive MonilOI'III Befriendin(F Befrieiiding 2 Velcome Cenlre Mums fvlatier Llely (Pobol) Children & I'oung People Swxnse¢l Valley Clusier Refiii'bishiiienr Grant Operations Developinei)I Floardiiig SoLial Iiiclusic)n D4lV Opportiiiiilies Poniai'dawe B<lcklou Ciirei's Fuiid 206,084 146,670 84,292 100,797 62,613 36,817 65,906 18.465 1184,941) (150,11.4) (40,4801 179,131) (36,481) (129,405) (il,50?1 (1? 1.fj7) (1,323) (108,053) {98,116) (28.8191 {.29,809) 21,143 li.444) 43,812 21.666 26.13? 7,41? 14.404 6,308 I I,J23) 25,047 36,512 13J,100 l J4.6?8 28,819 21,999 5.000 63,681 i2.841 7,567 2,000 (7.8101 5,000 163,630) (52,6.541 17,4.$21 (1,100) 187 900 1,271 ?79 (1,075,167) 196,112 TOTAI, FIINDS 1,440.009 (1,277,529) 162.480 10. RELATED PAR"ri' DISCLOSIIRES Thett were no I'elated pairy irnnsaclions foi. Ihe year ended J l lairh 2024. PagJL I S