REGISTERED COMPANY NUMBER: 09449585 (England and Wales)
REGISTERED CHARITY NUMBER: 1161335
REPORT OF THE TRUSTEES AND
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
FOR
LLANELLI MIND
Iiiimiin
'AEA2HJSG*
1310912025
COMPANIES HOUSE
A12
#211
Charles & Co
Chartered Certified Accountants
3 Murray Street
Llanelli
Carmarthenshire
SA15 IAQ

LLANELLI MIND
CONTENTS OF THE FINAIYCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Page
Report of the Trustees
Independent Examiner's Report
Statement of Financial Activities
Balance Sheet
Notes to the Financial Statements
10 to 17
Det8iled Statement of FinAncial Activities
18

LLANELLI MIND
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
The truslees who are also director5 of the charity for the purpose5 of the Companies Act 2006. present their report with
the financial statemenls of the charity for the year ended 31 March 2025. The trustees have adopted Ihe provisions of
Accounting and Reporting by Charities.. Statemenl of Re¢ommended Practice applicable io charilies preparing Iheir
accounts in accordance with the Financial Reporting Slandard applicable in the UK and Republi¢ of Ireland (FRS 102)
(effective l January 2019).
Page I

LLANELLI MIND
REPORT OF THE TRUSTEES
FOR THE YEAR EiYDED31 MARCH 2025
OBJECTIVES AND ACTIVITIES
Objectives and aims
Llanelli M ind is one of a network of local Minds in Wales, working to improve the life of people affected by mental
distress. We are an independent charity in our own righi and we welcome the involvement of people who themselves
experience mental health problems participating as Trustees, staff, volunteers or fund-rdisers.
Vision=
We will not give up until everyone experiencing a mental health problem gets both support and respect.
Our Mission:
We provide advice and support to empower anyone experiencing a mental health problem. We campaign to improve
services. raise awareness and promole undersianding. We work to create a better life for everyone with experience of
menial distress including carers, family, friends and supporters.
Goals:
Staying well - Promoting good mental health and wellbeing.
Empowering Choice: for people who experience a mental health problem, to make informed choice5 about how they live
and recover.
Improving services and support.. ensuring that people receive the appropriate services and support at the right lime io
help Iheir recovery and lo enable them lo live with their mental healih problem.
Enabling social participation.. opening Ihe doors to people with experience of mental health problems 10 enable Ihem to
participate fully in society.
Removing inequality of opportunity.. striving for equality of treatment for people who experience both mental health
problems and orher forn)s of discrimination.
Organisational excellence; making Ihe most of our assets by building a culiure of excellence.
Public Benefit and Aims..
The Trustees consider how planned aciivities will contribute to the aims and objectives of working to create a better life
for everyone with experience of mental distress.
They do ihis..
by advancing the views, needs and ambitions of people affected by mental dislress (including carers, family. friends
and supporters.
By influencing policy through involvement in the planning, development and review of lo¢al mental health services;
Continue lo challenge discrimination, whilst promoting inclusion.
Through the developmeni of quality services, which reflect expressed, need and diversity.
Striving to create equal rights through the creation of opportunity.
Objeclives for 2025 -2026:
To Strengthen the collaborative work with the local Minds across West Wales and Mind Cymru.
To continue to strengthen the relationship with our partners and stakeholders within the community of Llanelli and
surrounding areas-
To maintain and develop our core services to members and the wider comrnunity.
To conlinue to explore business development opportunities that increases our reach to those experiencing mental
distress. including children and young people.
Raise funds for young persons crisis preventative café.
Page 2

LLANELLI MIND
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
STRATEGIC REPORT
Achievements and performance
Charitable activities
The year 2024-2025 has been marked by significant achievements for Llanelli Mind, solidifying our position not just in
Llanelli and Carniarthenshire, but also extending our influence beyond these regions. The lingering effects of the
Covid-19 pandemic have heightened the recognition of mental health issues and increased the demand for our services.
Our dedicated team has worked tirelessly to provide exceptional support to numerous vulnerable individuals in our
community.
Our primary focus reTnains on fostering resilience within the community. calering to diverse age group5.from the young
to the elderly. Central to our mission is Ihe commitment 10 good governance. an area in which we have made substantial
progress over Ihe past year. The appointment of an Operations Manager has been pivotal to our organisaiional growth.
bringing valuable expertise and driving our progress forward.
We have welcomed new staff members whose enthusiasm and fresh perspectives have been instrumental in our
development. we have seized n¢w opportunities, Including recruitment of Community Engagement and fundraising
coordinator,.
Our fvndraising efforts have seen significant strides, highlighted by a menial healih awareness week in collaboralion
with our community. This event featured staff and volunteers participating in a Don't Sleep on
Your Mental Health" 1986 Lap Challenge cold water therapy dip at North Dock. and well held our first annual Gala Ball
for world menial Healih Day, demonslraiing our commitment 10 mental health awareness and community engagement.
We have successfully delivered three counselling services within the Elli cluster and are expanding thi5 model lo oiher
areas, including Ihe Upper Swansea Valley. Looking ahead, we have committed 10 becoming a zero-tolerance anli-racist
organisation and have developed a carbon reduction srralegy, aiming 10 cut emissions by 34 % by 2030.
In summary, we have built upon the robust foundations laid by our team and are actively planning for the future.
Exciling opportunities lie ahead, including many fundraising initiatives, such as Llanelli Mind and Community - The
Community Step up for Llanelli Mind. Every slep you take and every pound you raise helps build a space thai could
save a life, in conjunction with mental Health awareness week, partnership wilh the Gale a caravan sile in Llanelli,
laking part in help a hero day 2.5k to sk walk, run, jog elc and our annual Gala ball. Together, we continue to advance
our mi55iolli providing essential menlal health services and fosterin8 a resilient, supportive community.
Financigl review
Financial position
The results of the charity are shown in the Slalemenl of Financial Aclivities on page 8. The net movement of unrestricted
funds amounled to (£89,935) (2023124 £272,484). The unre5tricled reserves of the charity al the year-end amounled lo
£489,603 of which £300,737 was tu￿ent with £188,866 invested in Fixed Propety.
Total income for the year was £482,360 (2024-£624,396) with expenditure of £584,237 (2024-£614,721) creating
deficit of £ l 01,877 {2024-surplus of £9,675) for the year.
Principal funding sources
Our principal funding sources are Hywel Dda University Health Board. Garfield Western, Awards for all the Lottery,
levelling up Carmarthenshire County Council, Llanelli Cluster and Upper Swansea Valley Cluster,
Investment policy and objectives
Most of the charity's funds are lo be spent in the short temi, and the Board takes the view Ihat those not required 10 be
spent should be held as reserve placed in a readily accessible, interest-bearing bank deposit account.
Page 3

LLANELLI MIND
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
STRATEGIC REPORT
Financial review
Reserves policy
The Board has examined the'charity's requirements for reserves in light of the main risks to the organisation. It has
established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets held by the charity
should be between three and six months core expendifure.
Budgeted core expenditure for 2025126 is expected lo remain in ihe order of £250,000 and therefore the target is
between £62,500 and £125.000 in general funds.
At present £300.737 is available to the charity as free reserves. The coming year will remain a challenging year, with ihe
continued development of a number of redesigned service delivery models. The Board notes the impact that this may
have on the reserves position.
STRUCTURE,COVERNANCE AND MANAGEMENT
Governing documenl
The organisation is a charitable company limited by guarantee, incorporated on 19.02.2015 and registered as a charity
on 20.04.2015. The company was established under a Memorandum of Associalion whi¢h established the objects and
powers of the charitable company and is governed under ils Articles of Association.
Recrultment and appointment of new trustees
The Trustees have established a single class of membership, for individuals suffering from mental distress and their
Carers, family, friends and supporters. Members of the company guarantee to contribute an amount not exceeding £ l O to
the assets of the company in the event of winding up. The Trustees, who are also the directors and officers of the
company, constituie lis Board. The Board meets quarterly and officers are available for ¢onsulialion by sihff,
individually and colleciively, in the inierim between meetings.
At each annual general meeting (AGM), Ohe third of the Trustees retire by rotation bul can siand for re-election.
Trustees are appointed by election at each AGM, being proposed by Trustees or members. During the year the Trustees,
with such Truslees holding office until the following AGM, may make Trustee vacancies filled and appoint additional
trustees.
TTUStee Recruiiment, Induction and Training
As an organisation, we work proaclively to seek oul new Tru51ees with the skills. experience and diversity to reflect the
communities in which we work. All prospective trustees ¢omplete a skills audit to allow us to assess the ¢ontribulions
they may be able to make to the existing Trustee Board.
We provide prospective Trustees with comprehensive infomation to help them understand the charity and
responsibililies of becoming a Trustee. Prospective candidates are interviewed by the chair and Chief Execulive and
may Ihen be invited to attend a board meeting as an observer. Appointments will be subject to the vote in a Board
meeting.
Prior to appoinlmenl we ask that prospective Tru51ees make clear that Ihey:
understand and accept the role and legal responsibilities of being a Trustee where those actions will be governed by
charity and company law-
are able to commit sulricient time to being a Trustee-
are willing to become a member of Llanelli Mind.
accept Ihe M i55ion. Aims and Objectives of Llanelli Mind.
We follow this up with an induction process lo ensure that new Trustees have the opportunity to familiarise themselves
with the organisaiion and the context within which it works. The Chair of the Board of'Directors manages the induction
process.
Page 4

LLANELLI MIND
REPORT OF THE TRUSTEES
FOR THE YEAR EIYDED 31 MARCH 2025
STRUCTURE, GOVERNANCE AND MANAGEMENT
Organisational structure
The Board delegates day-lo-day management of the charity 10 the CEO, who allocates within the Management Team key
responsibilities for core service delivery, service developmenl, oversight of HR processes and procedures, Health and
Safety, training and staff development, financial planning and administration, volunteer development and estates
management.
Rlsk management
The Board regularly monit0r$ significant risks to which the organisation is exposed and conducls an annual review.
Where appropriate. systems or procedure5 are in place lo miligaie the risks the organisation faces. External risks to
funding are managed through close budget scrutiny and planning and the development of a strategic plan, which will
examine financial sustainability. Internal financial risks are minimised by the implementation of policy and procedures
for authorisalion of all transactions and budget spends. There is also policies as well as an annual audit for Health &
safety.
Considering ihe challenges faced, the Board of Truslees confirnis ihat the charity trustees have complied with their duty
to have due regard to the guidance on public benefil published by ihe commission in exercising their powers or duties.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
09449585 (England and Wales)
Reglstered Charity number
161335
Registered office
26-28 Inkemian Street
Llanelli
Cannarthenshire
SA15 ISA
Trustee$
Mrs H J Davies- Parsons
A S J Mcpherson
A J Proiheroe
S G Thomas
l J Phillips
A R Bragoli
Company Setretary
ndependent Examiner
Robert Ashley Williams.
Charles & Co
Chartered Certified Accountants
3 Murray Street
Llanelli
Carniarthenshire
SAIS IAQ
Page 5

LLANELLI MIND
REPORT OF THE TRUSTEES
FOR THE YEAR ENDED 31 MARCH 2025
Report of the trustees, incorporating a strategic report, approved by order of the board of trustees, as the company
directors, on 19 August 2025 and signed on the board's behalf by:
S J Mcpherson - Trustee

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
LLANELLI MIND
Independent ex8mlner's report to the trustees of Llanelli Mind ('the Company,)
I report to the charity trustees on my examination of the accounts of the Company for ihe year ended 31 March 2025.
Responsibilities and basis of report
As the charity's trustees of the Company (and also ils directors for the purposes of company law) you are responsible for
the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act,).
Having satisfied myself that the accounts of the Company are not required to be audiied under Part 16 of ihe 2006 Act
and are eligible for independent examination, I report in re5pecl of my examinalion of your charity's accounls as Ca￿led
out under Section 145 of the Chariiies Act 2011 ('Ihe 201 l Act,). In carrying out my examination I have followed Ihe
Directions given by the Charity Commission under Section 145(5) (b) of the 201 l Act.
Independent examiner's statement
Since your chariiy's gross income exceeded £250.000 your examiner must be a member of a lisied body. I can confirni
that l am qualified to undertake rhe examination because l am a member of the Association of Chartered Certified
Accountants, which is one of the listed bodies.
I have completed my examination. I confirni that no mallers have come to my attention in connection with the
examination giving me cause to believe..
accounting records were not kept in respecl of the Company as required by Seclion 386 of the 2006 Act. or
the accounts do not accord with those records. or
the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any
requirement thai the accounts give a true and fair view which is not a matter considered as part of an independent
examinalion- or
the accoun15 have not been prepared in accordance with the methods and principles of rhe Statemeni of
Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accoun15
in accordance with the Financial Reporting Standard applicable in Ihe UK and Republic of Ireland (FRS 102)).
I have no concerns and have come acmss no other matters in connection with the examination to which attention should
be drawn in thi5 report in order to enable a proper understanding of the accounts to be reached.
Robert Ashley Williams.
The Association of Chartered Certified Accountants
Charles & Co
Chartered Certified Accounlants
3 Murray Street
Llanelli
Camiarthenshire
SA15 IAQ
19 August 2025
Page 7

LLANELLI MIND
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2025
2025
Total
funds
2024
Total
funds
Unrestricted
fund
Restricied
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
43,854
438,506
482,360
624,396
EXPENDITURE ON
Charitable actlvlties
GENERAL
154,805
429,432
584,237
614,721
NET INCOMEI(EXPENDITURE)
Transfers between funds
(110,951)
21,015
9,074
(21,015)
(101,877)
9,675
Net movement in lunds
(89.936)
(11,941)
(101,877)
9.675
RECONCILIATION OF FUNDS
Toial funds brought forward
579,538
168,225
747.763
738,088
TOTAL FUNDS CARRIED FORWARD
489,602
156,284
645,886
747,763
The noles fonn part of ihe5e financial statements
Page 8

LLANELLI MIND
BALANCE SHEET
IMAR
H 2025
2025
Total
funds
2024
Total
funds
Unrestricted
fund
Restricted
funds
Notes
FIXED ASSETS
Tangible assets
188.866
188,866
120,058
CURRENT ASSETS
Cash at bank
313,827
156,283
470,110
637,157
CREDITORS
Amounts falling due within one year
(13,090)
(13,090)
(9,452)
NET CURRENT ASSETS
300,737
156,283
457,020
627,705
TOTAL ASSETS LESS CURRENT
LIABILITIES
489,603
156,283
645,886
747,763
NET ASSETS
489,603
156,283
645,886
747,763
FUNDS
Unrestricted funds
Restricted funds
489,603
156,283
579.538
168.225
TOTAL FUNDS
645,886
747,763
The charitable company is entitled to exemption from audit under Section 477 of Ihe Companies Aci 2006 for the year
ended 31 March 2025.
The members have not required the company io obtain an audit of lis financial statements for the year ended
31 March 2025 in a¢cordance with Seciion 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
(a)
ensuring thal the charitable company keeps accounting records thal comply with Seclions 386 and 387 of the
Companies Act 2006 and
preparing financial statements which give a true and fair view of the slate of affairs of the charitable company as
ai Ihe end of each financial year and of ils surplus or deficit for each financial year in accordance with the
requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Aci
2006 relating to financial statements, $0 far as applicable to the charitable company.
(b)
The financial statements were approved by Ihe Board of Truslees and auihorised for issue on 19 August 2025 and were
signed on its behalf by..
A S J Mcpher50n - Trustee
The notes form part of these financial statements

LLANELLI MIND
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
ACCOUNTINC POLICIES
Basis of preparing the financial statements
The financial siaiements of the charitable company. which is a public benefit entity under FRS 102, have been
prepared in accordance with the Charities SORP (FRS 102) 'Accounling and Reporting by Charities.. Staiement
of Recommended Practice applicable to charilies preparing their accounts in accordance with the Financial
Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019).,
Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of
Ireland, and the Companies Act 2006. The financial 51atemenls have been prepared under the historical cost
convention.
Financial reporting standard 102 - reduced disc105ure exemption5
The charitable company has taken advantage of the following disclosure exemption in preparing these financial
statements, as perniitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of
Ireland,:
the requiremen15 of Section 7 Statement of Cash Flows.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlemeni lo Ihe funds, it
is probable thal the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as Ihere is a legal or constructive obligation ¢ommitting the
harily lo thai expenditure, il is probable thai a iransfer of economic benefiis will be required in settlement and
the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has
been classified under headings that aggregale all cost related to the calegory. Where costs cannot be directly
attributed 10 particular headings they have been allocated lo activities on a basis consistent with the use of
resources.
Tangible fixed assets
Depreciation is provided al the following annual rates in order to wrile off each asset over its estimated useful
life.
Freehold property
Plant and machinery
noi provided
200/0 on cost
Fixed Assets purchased wilh restricted funds are expensed in the year of purchase.
Taxalion
The charity is exempt from corporalion tax on its charitable a¢iivities.
Fund accounling
Unreslricled funds can be used in accordance with rhe charitable objeclives at the discretion of the tru51ees.
Restricted funds can only be used for particular restricted purposes within the objects of (he charity. Restrictions
arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanaiion of the nature and purpose of each fund is included in the notes to Ihe financial statements.
Pension costs and other post-retirement benefits
The charilable company operates a defined contribution pension scheme. Contributions payable to the charitable
company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.
Page 10
continued...

LLANELLI MIND
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED31 MARCH 2025
DONATIONS AND LEGACIES
2025
2024
Donations
Grants
Interest
54,231
415,573
12,556
11.581
608.154
4,661
482,360
624,396
Grants received, included in the above, are as follows..
2025
2024
General
415,573
608,154
CHARITABLE ACTIVITIES COSTS
Direct
Costs
GENEIiAL
584,237
TRUSTEES, REMUNERATION AND BENEFITS
There were no Iruslees, remuneration or other benefits for the year ended 31 March 2025 nor for the year ended
31 March 2024.
Trustees, expenses
There were no trustees, expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.
STAFF COSTS
2025
2024
Wages and salaries
other pension costs
452,720
28,435
505,857
25,791
481,155
531,648
The average monthly number of employees during the year was as follows..
2025
2024
Management
Project Workers
Administration
14
16
19
No employees received emoluments in excess of £60,000.
Page 11
ontinued...

LLANELLI MIND
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MARCH 2025
TANGIBLE FIXED ASSETS
Freehold
property
Plani and
machinery
Totals
COST
Ar l April 2024
Additions
120,058
68,808
881
120.939
68,808
At 31 March 2025
188,866
881
189.747
DEPRECIATION
At l April 2024 and 31 March 2025
881
881
NET BOOK VALUE
At 31 March 2025
188,866
188,866
At 31 March 2024
120,058
120,058
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
Accrued expenses
13,090
9,452
MOVEMENT Iiy FUNDS
Net
movement
in funds
Transfers
between
funds
At
31.3.25
At 1.4.24
Unrestrieted fund$
General fund
579,538
(110,950)
21,015
489,603
Restricted (unds
CLUSTER
Active Monitoring
Children & Young People
Swansea Valley Cluster
Operations Development
Hoarding
Social Inclusion
Day Opportuniiies
Ponlardawe Backlog
Carers Fund
Community Engagement Fund
Anchor Project
Cost of Living
CC Social Inclusion
40.794
21,132
57,893
32.978
10,190
5,000
4,390
(5,589)
(30,270)
15,501
(9,441)
(2,598)
292
473
1,496
64
32.896
478
45,184
(15,543)
(1,822)
25.801
48,479
(749)
{2,402)
(343)
(660)
(1,496)
187
64
32,896
2,478
2,000
210
210
168,225
9,073
(21,015)
156,283
TOTAL FUNDS
747.763
(101,877)
645,886
Page 12
continued...

LLANELLI MIND
NOTES TO THE FINANCIAL STATEMENTS - tontinued
FOR THE YEAR ENDED 31 MARCH 2025
MOVEMENT IN FUNDS- continued
Net movement in funds, included in the above are as follows..
Incoming
resource5
Resources
expended
Movement
in funds
Unrestricted funds
General fund
43.854
(154,804)
(110,950)
Restricted funds
CLUSTER
Aclive Monitoring
Children & Young People
Swansea Valley Cluster
Operations Development
Hoarding
Social Inclusion
Day Opportunities
Pontardawe Backlog
Carers Fund
Community Engagement Fund
Anchor Project
Cost of Living
Buxlon Mover5
CC Social Inclusion
117,309
28,538
10,499
61,336
4,390
(5.589)
{30,270)
15,501
(9,441)
(2,598)
292
473
1,496
64
32,896
478
(34,127)
(40,769)
(45,835)
(9,441)
(2,598)
(86,315)
{71,390)
(8,170)
(285)
(11.014)
(1,522)
(3,257)
(2,000)
209
86,607
71.863
9,666
349
43,910
2,000
4.428
2,000
210
438,506
(429,433)
9,073
TOTAL FUNDS
482,360
(584,23 7)
(101,877)
Page 13
continued...

LLANELLI MIND
NOTES TO THE FINANCIAL STATEMENTS- Continued
FOR THE YEAR ENDED 31 MARCH 2025
MOVEMENT IN FUNDS- continued
Comparatives for movement in funds
Nel
movement
in funds
Transfers
between
funds
Al
31.3.24
Ai 1.4.23
Unrestricted funds
General fund
307.055
(4,645)
277,128
579,538
Restricted funds
CLUSTER
Twighlight Sanctuary
Cwych Croeso
Active Monitoring
Befriending I
Befriending 2
Welcome Centre
Mums Matter
Children & Young People
Swansea Valley Cluster
Refurbishment Grant
Operaiions Development
Hoarding
Social Inclusion
Day Opportunities
Pontardawe Backlog
Carers Fund
33,517
96.726
87,309
21.593
17.062
86,513
12.306
10.916
21,235
31.377
12,479
7,277
(679)
(29)
5,963
3,421
(25,795)
(4,898)
(913)
42,408
1,601
(12,479)
(7,810)
5,000
40,794
(96,047)
(87,280)
(6.424)
(20,483)
(60,718)
(7.408)
(10,003)
(5,750)
21.132
57,893
32.978
18,000
10.190
5,000
187
187
(115)
(900)
900
431.033
14,320
(277,128)
168,225
TOTAL FUNDS
738.088
9,675
747.763
Page 14
continued...

LLANELLI MIND
NOTES TO THE FINAIYCIAL STATEMENTS- eontinued
FOR THE YEAR ENDED 31 MARCH 2025
MOVEMENT IN FUNDS- continued
Comparative net movement in funds, included in the above are as follows:
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
80,738
(85,383)
(4,645)
Restrieted funds
CLUSTER
Twighlight Sanctuary
Cwych Croeso
Active Monitoring
Befriending I
Befriending 2
Welcome Centre
Mums Matter
Children & Young People
Swansea Valley Cluster
Refurbishment Grant
Operations Development
Hoarding
Social Inclusion
Day Opportunities
Pontardawe Backlog
Carers Fund
104,743
50,134
{97,466)
(50,813)
(29)
{46,232)
(12,677)
(52,677)
(11,927)
(912)
(36,429)
(49,233)
(16,298)
(29,809)
7.277
(679)
(29)
5,963
3.421
(25,795)
(4,898)
(913)
42,408
1,601
(12,479)
(7,810)
5,000
52.195
16,098
26,882
7,029
(i)
78,837
50,834
3.819
21,999
5,000
63,681
52,841
7,567
2,000
(63,630)
(52,654)
(7,452)
(1,100)
187
115
900
543,658
(529,338)
14,320
TOTAL FUNDS
624,396
(614,721)
9,675
Page 15
continued...

LLANELLI MIND
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR THE YEAR ENDED 31 MAR
H 2025
MOVEMENT IN FUNDS- continued
A cu￿ent year 12 months and prior year 12 monihs combined position is as follows:
Nel
movement
in funds
Transfers
between
funds
Al
31.3.25
At 1.4.23
Unrestricted funds
Generdl fund
307,055
(115,595)
298,143
489,603
Restricted funds
CLUSTER
Active Moniioring
Children & Young People
Swansea Valley Cluster
Operalions Development
Hoarding
Social Inclusion
Day Opportunities
Pontardawe Backlog
Carers Fund
Community Engagement Fund
Anchor Project
Cost of Living
CC Social Inclusion
33.517
21.593
21,235
31,377
11,667
374
12,138
17,102
(17,251)
2,402
343
660
45,184
(21,967)
(7,572)
25,801
48,479
17,251
(2,402)
(343)
(660)
(1.611)
{900)
964
32,896
478
64
32,896
2,478
2,000
210
210
107,722
64,765
(16,204)
156,283
TOTAL FUNDS
738,088
(92,202)
645,886
Page 16
continued...

LLANELLI MIND
NOTES TO THE FINANCIAL STATEMENTS- Continued
FOR THE YEAR ENDED 31 MARCH 2025
MOVEMENT IN FUNDS- continued
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are
as follows..
Incoming
resources
Resources
expended
Movement
in funds
Unrestricted funds
General fund
124,592
(240,187)
(115.595)
Restricted funds
CLUSTER
Active Monitoring
Children & Young People
Swansea Valley Cluster
Operations Development
Hoarding
Social Inclusion
Day Opportunities
Poniardawe Backlog
Car¢r5 Fund
Community Engagemeni Fund
Anchor Project
Cost of Living
Buxton Movers
CC Social Inclusion
222.052
80,733
89,336
112,170
21,999
5.000
150.288
124,704
17,233
2,349
43,910
2,000
4,428
2,000
(210,385)
(80,359)
(77,198)
(95,068)
(39,250)
(2,598)
(149,945)
(124.044)
(15,622)
(1,385)
11,667
374
12,138
17.102
(17,251)
2,402
343
660
964
32,896
478
1,171
(1,522)
(3,257)
(2,000)
209
210
878,203
(813,438)
64.765
TOTAL FUNDS
1,106,756
(1,198,958)
(92,202)
RELATED PARTY DISCLOSURES
There were no related party transactions for Ihe year ended 31 March 2025.
Page 17

LLANELLI MIND
DETAILED STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED31 MARCH 2025
2025
2024
INCOME AND ENDOWMENTS
Donations and legacies
Donations
Grants
Interest
54,231
415,573
12,556
11,581
608.154
4.661
482,360
624,396
Total incoming resource$
482,360
624,396
EXPENDITURE
Charitable activltle$
Wages
Pensions
Rent and rates
Insurance
Telephone
Postage and srationery
Sundrie5
Volunteer expenses
Venue Hire
Accouniancy
Equipment & Capital
Hospilality and meetings
Payroll costs
Service user
Consultancy fees
Marketing & Publicity
General Expenses
Bank Charges
452,720
28,435
11,602
7,926
8,077
19,570
3,630
638
4,680
2,520
17,183
7,919
1,243
5,293
5,321
4,886
2.498
96
505.857
25,791
10,661
6.680
10,713
13.198
5,608
2,520
21.641
2,330
1,624
2,465
1,632
2,604
1,370
27
584.237
614,721
Total resources expended
584,237
614.721
Net (expendilur¢)lincome
(101,877)
9,675
This page does not forni part of the slatulory financial statements
Page 18