Cbarity registration mumber 1167328
MID KENT MIND
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
Mid Kent
Quality Mark

MID KENT MIND
LEGALAND ADMINISTRATIVE INFORMATION
Trll$tees
D Watkin
V Edwards
C Eastwood
J Lang
P Miller
P Miller
R Collins
K Wright
B 14ostead
R Aiiti
{Apptsinted 23 May 2024)
{Appoint¢d 23 May 2024)
{Appointed 23 May 2024)
{Appoinled 23 May 20241
CEO
Henu Cummins
Charity nuTnber
1167328
Principal address
23 College Road
Maidston¢
Kent
ME15 6YH
Jndependent examiner
Da￿t￿ Ilarding AC.A FC.CA tKhA
Richard Place Dobson Services Limiied
1-7 Station Road
Crawley
West Sussex
RHIO IHT
Bankers
Th¢ Co-operative Bank
Skelmersdale
Lancashirc
WN8 6WT

MID KENT MIND
CONTENTS
Page
Trustees, report
Independent examiner's report
Stat¢ment of financial activiti¢s
Balan¢¢ sheet
10
Statement of cash flows
Notes to rhc financial statements

MID KENT MIND
TRUSTEES, REPORT
FOR THE YEAR ENDED 31 MARCH 21124
The trustees present their annual report and financial statements for the year ended 31 March 2024.
The financial statements have been prepar¢d in accordance with th¢ accounting policies s¢t out in noie I to the financial
staiements and comply with ihe charity's Memorandum and Articles of Association, the Chatilies Act 2011 and "Accounting
and Rcporting by Charities.. Statcmeni ofRecommend¢d Practice applicable to charities preparing their accounts in accordance
with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)" (Cffective l January 2019).
Obje¢tii'es and activities
Our Vision
Our vision is. A comtnunity where everyone has access to mental health support and guidance io live rich and fulfilled liv¢s
where they feel connected and are able to meaningfully contribute to sociery."
Our Objectives
The key objectives of the Chariry are.
a} to promo(e the prescryation of good mental health in particular by Cnabling and empowering ¢vcryone experiencing mental
health problems to live with, manage and rccover from their condition.
b) to relieve the needs of people with mental h¢alth problems by working to increase the understanding of mental health and
mcntal health problems by gathering and disseminating infomiation and working to raise awareness, promote underscanding
and challenge stigma and discrimination.
In sctting objectives and planning for activities. th¢ Trugtees confirn) thcy have complied with th¢ r¢quiremenis of section 4 of
the Charities Act 2011 and have given duc consideraiion to th£ general guidance published by the Charity Commission relating
to public b¢ncfJt, including thc guidance 'Public benefit-. running a ehariry (P132)'.
Maim actii'itie5 V￿dert*ken to further the Charity's purposes for the publÉc beD¢fit
Mid Kent Mind is an esiablishcd provider Of mental h¢alth services. and during the financEal year 2023 to 2024. worked across
Maidston¢, Ashford and Swale latioss Kent and Medway for the county-wide Suicide PTcv¢ntion and Mental Health
Awareness tratning) to provide support across the following main groups of services and activities..
Location
royided
Maidsione, Ashford and Sivale
Maidstone and Ashford
Kent and Medway (with the support of oth¢r Minds in
Kent)
Maidstonc. A5hford and Swale
Maidstone
Maidsronc, A.￿hF0rd and Swale
Wellbeing supporl (Adult and Youth)
Crisislwellbcing c3fes
Suicide Prevcntion and Mentsl Health Awaieness training
Talking thciapies
S ecialist counselling
Outr¢ach and communiry eng8gernent
Aehievements perform8nce
Mid Kent Mind provid¢5 menial health support services to th¢ cor¢ con]munits'es of Maidstone, Ashford and Swal¢ ond in
partnership with other local Minds. across Kent.
Peopl¢ benefit from having considerable control and choice io access the support that is more relevani and appropriate to them.
We have workcd tirelessly to ensure our services are ttuly co-produced by thosc that use it and we hav¢ made considerable
strides to ensure all member5 of the community feel our services are accessible and inclusive.
Key performaTrre indicators
Mid Kent Mind measures its perfomjance by rccording the number of p¢ople rhat access OUT s¢rvices and those who bavc
improved their lcvels of mental health and wellbeing. Additionally, outcomes set by thnders and commissioners are also
measured.
pa¥e I

MID KENT IIIIND
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
In the financial year 2023 to 2024 there were over 12.1)00 attendances across all Mid K¢nt Mind's services with 5,134
individuals supported (2022 to 2023 4,643 individuals).
The wellbeing drop-in service saw 1,659 attendances with 78 /0 reporting that it helped reduce feelings of isolation.
1,020 phone calls were answered proi'iding immediate support wh¢ther to an adult experiencing suicidal idealion or low mood,
r a parent wh05e young person is struggling and has been unable to access timely fupport.
Youth setvices reached 1,537 children and young people providing a range of activities including 1-2-1 and group Cognitive
Behavioural Coaching (CBC) Courscs as well as one off workshops.
51 young people benefited from a Wellbeing and Rcsilienee Action Plan (WRAP), intet]sive 1-2-1 weekly interventions tailor¢d
to their needs and repr¢senting 255 hours of wellbeing support. 90/• of attendees repi)rted they felt better able to manage their
Tnental health and wellbeing.
Our volunteer counsellors donated 3.850 hours of volunteering support to Mid Kent Mind, this is a cash equivalent of circa
£56,710 when calculated on the Kent average earnings rate, d¢monstraiing a colossal retutn on investment.
1.933 individuals attended training and awaren¢ss courses aimed at helping people bettcr understand common mental health
problems, how thcy can 5UPPOrt themsclves and others and what services exist in th¢ local area that can b¢nefi( them. 95 /0 of
attendees on our Youth Mental Health and Suicide Awarcncss course reportcd their knowledge of suicide prevention had
increased. 97 /0 of participants on our Everyday Mental Elealth course wcr¢ more aware of things th¢y could do to support theiT
own mental health. 990/0 of attendees on OUT Adult Suicide Prevention course felt more confident in reducing suicide risk.
Mid Kent Mind's community groups, acttvities and courses were accessed by 175 individuals. Th¢ sessions included a walking
group; arts group., and c.oping wilh Life COUTS¢S. Thi5 year. we piloted specialist support for peTinatal individuals offering a
walking group, Ivcllbeing workshops and 1-2-1 programm¢.% of individualised support. Menopausc Mind and Movement
Courses were alsa trialed with 52 att¢ndees at the initial trial. IOOOlts of participants ieported thc M¢nopause Mind and
Movement course laught them useful tethniques for Inanagin¥ siress and anxiety and l OOO/ts shar¢d that ihe movement elen)¢nt
of ihe ses.%ions had positively impacted their mood.
Review of activitie%
The past year has been a y¢ar of significant change and growth for Mid Keni Mind. We have continued to develop our
organisation and respond to the changing nceds of our communit1¢5. We have played a large role in shaping the wellbcing offer
for the communities of Maidsionc, A.￿hr0[d and Swale. with a clear focus on cnsuring people remain at ihe heari of everything
we do. W¢ know our people ccnteied approach will allow us to have ev¢n greater impact within our neighbourhoods. W¢ hav
also strengihened our understanding and T¢2ch inio our communities, ensuring our p¢er support and wellbeing services are
¢ffectively reaching the areas of greatcst needs.
We havc a150 sough¢ to develop our organisational infrastructure, creating new systems and posts io ensure we Tcmain robust
and fit for purpose, both now and into the fi2ture.
Working in partnership
Collaborative working has been vital in helping Mid Kent Mind to deal with the ¢hallenges of the past y¢ar. Mid Keni Mind
works collaboTatively with Integrat¢d Care Boards. local govemment bodies, o(her not-for-profit organisaiions and grass-roots
community ¥ioups to ¢nsure we can offer a broad range of mental heal(h support and recovery io peopl¢ of all ages and
backgrounds across our communities.
Providing meaningful wraparound support for all our tlients has been possible because of support from our partners and w¢ are
gratcfi]I to eN'eryon¢ who has partnered with us throughout this year and remain committed to buildit]g new partnersbips.
¢nabling us to make a long-term. sustainable difference to OUT communities.
Volunteers
We continu¢ to suppon our i'olunteer workforce who give their time to our services and projecis. We are proud of our
volunteers, and value enormously the support they offer to both our organisarion and service users. Many of our volunteers ale
ex-service user5 and their ability to progress into volunteering is an important n¢xl Step in their own personal recovery.
page 2

IIqID KENT MIND
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR EJVDED 31 MARCH 2024
Thes¢ volunteers are also supported with broader Community and COTporate volunteers, and iogether, tb¢y make a huge impact
on the volume and diversity of work w¢ can offer. We have also revi¢w¢d and updated our volurteer policy as part of the Mind
Quality Mark process and are working to develop this furtber, so we can continue to develop and expand volunteering levels
aeross ihe organisation.
Fundralslng and donations
Each year we are grateful to be 5UPPOrted by enthusiastic fundraisers who want to make a difference. This year was no
different, with sgme iT]credible support from our conununity.
We would like to thank Egerton Church of England Primary School; Invicta Grammar School; Little Voices Mid Kent.
Maclnryre Hudson; Maidstone Grammar School; Maidstone Grammar School for Girls,. NCS Technology Ltd,. Thc
Neighbourly Foundation; Reddico Ltd., South Eastem Carpentry Ltd.. Su7.ann¢ Ilowe Ctsmmunicaiions and Sweep Kuusakoski
amongst others, for their support in th¢ past year.
We were delight¢d to have partnered with Macknades in Faversham who chose us a5 their charity of the year. Th¢ support they
have provided continues to have a lasting impact on the charity. In addition to raising over £4,400 for vital mental health
s¢rvices, they haille donated over 120 hours of staff t1￿¢ transforniing our Wellbeing C.¢ntr¢ in Maidstone. They helped set up
weekly wellbeing walks, hosted training and community groups and provided our 8taff and volunteers with wc¢kly fresh f￿7t.
Our donors and fundraisers rai￿¢d nearly £31,000 in the year and although it would be impo.%f ible to list all our fundraisers and
donors in this small spac¢, to ¢veryone who supportcd us year we would like to say thank you. You have helped us to make
a huge differcn¢¢ in the local community.
Financial reiiem.
As at 31 March 2024, the charity held iotal funds of £807,382 {2023.. £708,106), of which £nil is restri¢t¢d and £807,382 Mr8S
unrestricted.
Toial income far the year was £803.744 with a net surplus being generaled for the year ended 31 March 2024 of £99,276 {2023=
net deficil of £233,746).
Th¢ n¢t Sllrplus for th¢ y¢ar is comprised of an unrestrict¢d surplus of £123,603 which will be added io unrestricted rcscrvcs
and a restrictcd d¢fi¢it of £24,327.
Reserves policy
The Charity Commission's CC19 guidance Charity re5erves'. building resilicnce state5.. "There is no singl¢ level. or even a rat]ge
of. res¢rv¢s th<lt is right for all ¢harities. Any target get by tru.%t¢es for (he level of reserv¢s to be held should rellect the
particular circumstanccs of the individual charity. To do this, trustees need to know why the charity should hold reserv¢s and,
having identificd thos¢ needs, the tnjstees should Consider how much should bc held to meet them.
In th¢ current environment ￿,here grant funding has becomc more sparse and charities ar¢ campeting againsi each other for
income like never b¢fore, the Trustees of Mid Kcnl Mind have taken the decision that the Charity work towards maintaining 12
months op¢rating cosls in their reserve5 along wi(h all other expenses that would need to be met in thc closure of ihe Charity.
As Mid Kent Mind provide services to some of th¢ m05t vulnerable people in OUT community that are vital in them maintaining
their wcllbcing and no1 meeting crisi.% poinls foi their mental hcalth, we believe that any loss of services would need lo Come
with long iemi wjarning ovcr the period of a year so w¢ could assist everyone to transition to alternate providers where possibl¢
and protect them fFOm poÉenlial self-harni or suicide.
Total fTe¢ reserves as at 31 Mawh 2024 were £515.763 being a ¢ontribution of 660/4 towards this policy.
GfriDg COD¢¢rn
Mid Kent Mind ivas unsuc¢¢5sful in renewing the contract for the provision of wellb¢ing support and crisis avoidance for adult5
within the community in Ashford and Maidstone, funded by NHS Kenl and Medway ICB. The contra¢t terrninated on 3 Isl
March 2024 although funding for two addilional months has been confimjed. The contract rcpresenied 45 /0 Lif total income in
th¢ year to 31 March 2024 {2023 25 /.).
page 3

MID KENT MIND
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR EJVDED 31 MARCH 21124
The charity is in the process of seeking additional funding from other sources. whilst also taking th¢ opportunity to streamlit]e
the scrviee provided and although the charity will expcrience a reduciion in funding; after making appropriate enquiries. the
tThstees have a reasonabl¢ expectation that th¢ charity has adequat¢ resources to Continue in operational exisience for the
foiegeeable future. For thi5 reason. they continue to adopt the going concern basis in preparing financial statements. Further
details regarding the adoption of the going ctsncem basis can be found in the accounting policies.
Funds held as £u5todian trustet
No funds are held by Mid Kent Mind a5 a custodian.
Plsns for (utvre periods
Looking ahead. work is undcrway to devclop our new organisational straiegy with a Strotegy Away Day held on I l th Jun¢ 2024
which included all Trustees and members of slaff.
In the past we have t3kcn a standard approach to developing a strat¢gy but given our complex operating environment w¢ have
ernployed a Inor¢ flexible and dynamic process. This will put U5 in a beller position to deal with new challeng¢s and take
advantsg¢ of new opportunitie8 a5 they emerge, whi15t continuing to be the leading voice in identifying, quanlifying, and
evidencing solutions for all those ihai have a mental health issue in the Mid Kent area.
Engagement wilh service users, staff and stakeholdcrs is instrumental in d¢terniining our prioritics for the years ahead and
ensuring we continue to tak¢ furward the aspects that will most positively impact on the mental health needs of our
communities. We will continue to proi'ide vital life changing support to our beneficiaTi¢S helping them to livc rich fulfilling
lives, enabling th¢m to gel well. stay wcll and contribute meaningfijlly co society.
W¢ do thts in the context of a changing commissionin¥ landscape with (he changes brought about by the Integrated Care Board
as our lead Health commissioner. These initiatives will bring opportunities for Mid Kent Mind. but also funding challenges,
particularly a5 resources are mor¢ stretched.
We will continue to focus on fundraising, intome generotion and diversification. and engage wilh new audiences who support
ur work. and we are investing in th¢ bpecialist skills and capabiliiies needed to support innovation aDd increase the number of
beneficiaries we can help.
We will always eontinue to engage our stakeholders at every level 10 ensure that we can Champion mental health suppon and
ensur¢ ¢v¢ryolle experiencing a mental health issu¢ can Teceive support and Tespect.
Strwctiirey gOver￿aRte and management
The charity is 3 regisiered charity, number 1167328 and is constiluted und¢r a ChaTiiable Incorporated Organisation, {ClO).
Th¢ trusiees who serv¢d duriTrg the year and Up io the date of signatUTe of the financial staten)enls were..
D Watkin
L Kittch
V Edwards
C Eastwood
J Lang
P Miller
P Miller
R Collit]g
K Wright
B Ho.%tead
R AiÉti
IResigned 21 Febrnary 2024)
(Appoinied 23 May 2024)
{Appointed 23 May 2024)
(Appoint¢d 23 May 2024)
(Appointed 23 May 2024)
page 4

MID KENT IVllND
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Organisational struckn
Mid Kent Mind Cnntinues to review and improve its organisational struC￿re in line with furth¢ring our strategic ambitions.
The following orgAnisational Chart illustrates the current structur¢ at 31 March 2024.
Charity management
Th¢ Trustees manage the affai￿ of the charity and the Trnstee Boord mttts a minimum of four times a year.
The Truslccs are ultimately r¢sponsible for all th¢ operational activities and developments of th¢ organisaiion. They have a
particular responsibility for setting the strategic direetion and agreeing to and monitoring thc impact of policies and practic¢.
The charity trnstees may d¢l¢gate any of iheir powers or functions to a committee or committe¢s, and, if they do. they shall
d¢tern]ine the ternis and conditions on which the delegation is mad¢. The charity tnjstees may at any time alter thos¢ tcrnis and
conditions or revoke the delegation.
pa¥e 5

MID KENT MIND
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH2024
The following sub-committe¢s are in the process of beirjg set up with specified areas of delegated authority..
"inance. risk & compliance sub-committc¢
Business developmenr sub40mmitt¢¢
People & quality sub-committee
Each sub-committec M'ill consisi of ttvo or more persons, with at least one member of each sub-cornmirtee a chariry tNste¢. The
tnastees shall frotn time to time review the arrangements which they have made for the delegation of their powers. Terms of
Refcrence foi the Board and cach sub-committee arc reviem'ed annually.Th¢ r¢sponsibilities of manag¢rs and staff for day-to-
day operations are set out in Mid Kenr Mind's scheme of delegation.
Risk Asses5mtnt and Management
Mid Kcnt Mind's Risk Regist¢r is Teviewed by the Board at every board meeting. This seis out how different initial risks are
assessed in iern)s of prnbability a#d impact to geneFate a risk score to assess risk significance. For each risk, the control
measure and remedial action plans 3T¢ used to detern)ine and then mitigate the level of residual risk. and for major decisions to
assess risk appetite. Safeguarding practice, Daia Protection and Public Int¢rest Disclosure (whistleblowing) policies are
reviewed annually. All staff undertake mandatory online safeguarding training in their first few days of employment and this i5
supplemented with in-person training on induction days.
Recruitment and appointment •r election of Trllstees
Mid Kent Mind is commiiied to being a diverse alld inclusive charity. We slrongly believ¢ that a dtverse board Can mak¢ better
decisions, improve the qualily of govcrnance and increase public tru51. Board membcrs include both male and f¢malc, a range
of ages, livcd experience of mcntal healih issues and div¢rse baekgrounds. We strive to represent the communities we exist to
serv¢.
To reach potential new trustees w¢ advertise online via a range of platfoms to reach a wide audi¢nc¢ These include.. our
website, newsle1ter and social media platforms; th¢ Nalional Mind w¢bsJte: charity-secior-spccific recruitment plaifom)s' ond
volunieer or truste¢-sp¢cifit recruitmcnt platforms. We a150 aim to reach potential trustees via networking, p¢rsonal
recommendations and word of mouth. After shortlisling and intcrviewing. the successful applications are pre%cnted to the board
lor revicw and approval. The applicanls will be asked to declaT¢ any conflicts of interesi and referenccs will be sought and DBS
checks carried out.
The Trustees are elected and Co-opted under ihe ternis of the ¢onslitution'.
Apart froin the first charity Trusiees, every Trustee musl be appointed for a ttmi of three years by a resolution passed at
a properly convcn¢d meeting of the charity TTuslees. A Trust¢e cannot be voted in for more than thTee consecutiN'e
ienns.
In selecting individuals for appoinlment as charity Trustees, th¢ charity Trustees must have regard to the skills,
knowledge and experience needed for the effeclive administration of the CIO.
Officer roles tnusi be appoint¢d for 3 terni of thre¢ ycars by a resolution pa55ed at a properly conv¢ned meeting of the
charily Trustees with the rolc of chairperson being held for a maximum of three years. A chairpersork cannoi be voted in
for more ihan two ¢ons¢cuthve tern￿ in the rol¢.
Induction and training of Trustees
Upon successful return of ihe DBS theck and before stsrting their position, trusiees undergo an induction with the Chair and
CEO.
During the induction timeframe, new trustees ar¢ provided with an inforniation pack, including..
MiDUtcs of previous board mectin¥s.
A copy of ihe latest Trust¢¢s' Annual Report and statement of accounts.
A copy of the curr¢nt vetsion of the consti￿tiOn.
Access to all policies and procedures
All trustees undertake mandatory online training.
Pav policy for key management personnel
The Trustees give theiT time freely and no Trustee received remuneration in ihe year. Detai15 of trustee expenses are disclosed
in noie 10 to th¢ accounts. The pay ofkey management peTsol￿e1 is reviewed and s¢t annually.
page 6

MID KENT MIND
TRUSTEES, REPORT (CONTINUED)
FOR THE YEAR ENDED 31 MARCH2024
Mind Quality Mark
Mid Kent Mind is delight¢d to have been awarded the Mind Quality Mark and receiving a highly commended for our robust
risk management pro¢¢ss.
The Mind Quality Mark {MQM) is a set of standards and an improvement framework us¢d by ihe Mind Federation, which
includes national Mind, local Minds, and Mind shops. The MQM ensures that these organizations are well-run. legally
compliant, and dcliv¢r safe and effectiv¢ serviceb for peopl¢ with mental health problems.
The MQM covers four main themes..
Leadership and Goven)ance
Finance and Policies
Services and People
4. Influence and Engagement
The Mind Quality Mark IMQM} offers several benefits lo Local Minds within the Mind Federalion=
l. Trust and Credibility.. Achievin& the MQM demonstrates ibat an or&7anization is well-run, legally compliant. and
capablc of delivering high-quality, safe. and cfftttive services. This builds trnst with s¢rvice users, donors. fimdcr5 alld
commissioners.
2. Continuous Improvement.. The MQM serves a5 an improvement framework, encouraging organizations to
continuously ¢tthance their servi¢¢s and operations. This ensures that th¢y remain effective and responsive to the needs of
people with mental health problems.
3. Sustainability.. By adhering to the MQM standards. organizattons can ensure their long-teTm sustainabiliry. This
includes sound financial manogement, robust governance and effective policies.
4. Recognition and Assvrattce.. Organizations that meet the MQM stsndards are re¢ognized for their commitment to
exc¢llence. This re¢ognition can enhancc their reputation and provide assuranc¢ to stakeholders that they are delivering
high-quality support.
5. Inclmsive and Person-centered Services.. Th¢ MQM emphasiz¢s the importance of inclusive, person-ccntered scrvices
that cmpower individuals to make positiv¢ changes in their liv¢s. This focus hclps OTganisations to bctter rn¢¢t th¢ needs of
th¢iT service uscrs.
Independent examiner
Richard Place Dobson Services Limit¢d were re-appoint¢d as the charity's independeni examiner's during the year and have
¢xpressed thcir willingness to ¢ontinue in that capa¢ity.
The tnjstees, report was approved by the Board of Trustees.
D Watkin
Trustee
Date..
Ilolz
page 7

## **MID KENT MIND** 

## **INDEPENDENT EXAMINER'S REPORT** 

## **TO THE TRUSTEES OF MID KENT MIND** 

I report to the trustees on my examination of the financial statements of Mid Kent Mind (the charity) for the year ended 31 March 2024. 

## **Responsibilities and basis of report** 

As the trustees of the charity you are responsible for the preparation of the financial statements m accordance with the requirements of the Charities Act 2011 (the 2011 Act). 

I report in respect of my examination of the charity's financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act. 

## **Independent examiner's statement** 

Since the charity's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 20 I I Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies. 

Your attention is drawn to the fact that the charity has prepared financial statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on I April 2005 which is referred to in the extant regulations but has now been withdrawn. 

I understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after I January 2015. 

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 

- I accounting records were not kept in respect of the charity as required by section 130 of the 2011 Act; or 

- 2 the financial statements do not accord with those records; or 

- 3 the financial statements do not comply with the applicable requirements concerning the fonn and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. 

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the financial statements to be reached. 

## **Darren Harding ACA FCCA DChA** 

Richard Place Dobson Services Limited 

1-7 Station Road Crawley West Sussex RHI0 IHT 

Dated: ........................ . 2/10/2024 

page 8 



MID KENT MIND
STATEMENT OF FINANCIALACTIVITIES
INCLUDING INCOME AND EXPENDITURE ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2024
Unrestricted
funds
2024
Restrieted
funds
2024
Tot31 Unrestricted
fu￿d5
2023
Restrieted
funds
2023
Total
2024
21123
Notes
Intome and endoTrTrrynents from:
Donation5. grant5 and
legacies
c.haritable activities
Investments
Other incom¢
30,939
91.285
10,375
725
40,420
630,UOO
71,359
721,285
10,375
725
43,860
73,795
3,718
1,610
124,004
248,386
167,864
322.181
3,718
2,010
400
Total income
133,324
670,420
803,744
122,983
372,790
495,773
Expenditure
Raising funds
ChaTitsble activiti¢s
691
691
703,777
20,151
683.626
267,894
461.625
729,519
Tot31 expenditure
20,842
683.626
704.468
267,894
461,62.5
729,519
Net in<omel(expeDditure)
112.482
{13,206)
99.276
1144.911}
{88,835)
{233,746)
Transfers between funds
11,121
(79,6341
79,634
Net movement in fund5
123,603
(24,327)
99,276
(224,545)
{9.201}
(233,746)
Reconciliation of funds:
Fund balances al l April 2023
683.779
24.327
708,106
908,324
33,528
941,852
Fund balances at 31 .March 2024
807,382
807,382
683.779
24,327
708,106
The statement of financial activities includes all gains and losses recognis¢d in the year. All income and expenditure derive
fTom continuing activiti¢s.
page 9

MID KENT MIND
BALANCE SHEET
ASAT31 MARCH2024
2024
2023
Notes
Fiyed assets
Intangible assets
Tangiblc a55ets
13
14
15,625
275.994
17,315
282,636
291,619
299.951
Current assets
Debtors
Cash at bank and in hand
15
38,414
600,973
523,987
339,133
639,387
863.120
Creditors: amounts falling due within one
year
16
(123,6241
{454.965)
Ne¢ £urrent asset5
515,763
408.155
Total assets le$$ eurrent liabilities
807,382
708,106
Net #sstts
807.382
708.106
The funds of the f harity
R¢striLted incomc funds
Unrestrict¢d funds
19
24,327
683,779
807,382
807.382
708,106
The linancial statements were approi'ed by the trustees on .
Trustee
pagre 10

MID KENT MIND
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
Noles
Cash flows from operAting activitie5
Cash geneTated ftomllabsorbed by} operations
25
251,665
(93.801 }
Investing activities
Purchas¢ of intangible assets
Inv¢stment income recciv¢d
{746)
3.718
10,375
Net cash generated from investing activities
10,375
2,972
Net cash used in financing #ctivities
Net increasel(decrease) in cash and eash equivalents
261,840
(90,829)
Cash and cash cquivalents at beginning of year
339,133
429.962
Cash cash equiYalentS at end of year
600,973
339,133
page 11

MID KENT MIND
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH2024
Accounting policies
Charity information
Mid Keni Mind is a charitable intorporaied organisation registered in England. The registered oftice of (he charhty is 23
College Road. Maidstone, Kent, MEI 5 6YH.
1.1 Accounting convention
The financial statements have been prepared in accordance with the chariry's memoranduzn and articles of association.
the Chariti¢s Act 2011, FRS 102 "The Financial Reporting Standard applicabl¢ in the UK and Republic of Ir¢land"
("FRS 102"} and the C.hariti¢s SORP "Accounting and Reporring by Charities.. Statement of Rccomm¢ndcd Pratrice
applicable io charities PTepaTing their accounts in accordanee with thc Financial Reponing Standard applicabl£ in the UK
and Republic of Ir¢land (FRS 1021" {¢ffcctive l January 20191. The chariiy is a Public B¢nefit Entity as defined by FRS
102.
The financial statcments are prepared in sterling, which is the functional currency of th¢ charity. Monetary amounts in
these financial Statements are rounded to the nearest £.
The financial statements have been prepared under the historical cosi convention. The principal accounting policies
adopted are s¢t tsu( below.
1.2 Going concern
Ai ihe tirne of approving the financial ststemenis. the InJ5tees have a reasonablc expeetaiion that the charity has adequate
rcsaurces to eontinue in operational existence for the foreseeable futur¢. Thus the trustees continue to adopt the going
concern basis of accounting in preparing the financial ststements.
1.3 Charitable funds
Unrcstri¢t¢d ￿ndS are availabl¢ for use at the discrction of the trustees in furth¢rance of iheir charitabl¢ objcctiv¢s.
Restricted funds are subject to specific conditions by donors or grantors as ta how they niay be us¢d. Th¢ pury)oses and
uses of the restricted funds are sel out in the not¢s to the financial statcmet]ts.
1.4 Income
Income is r¢cognised when th¢ charity is legally entitl¢d to it after any perfonnance conditions hav¢ been m¢t, Ihe
amnunts can be measurcd reliably, and it is probabl¢ thal income will b¢ r¢ceived.
Cash donations are recognised on receipt. Other donations are recognised onee the charity has been notified of the
donaiion. unless pcrfoTniance conditions require deferral of th¢ amount. Income tax r¢¢overable in relation to donations
received under Gift Aid or deeds of covenani is recogniscd at the time of the donation.
Grants are included in th¢ Statetnent of Financial Adivities on a receivable basis. The balance of income received for
5pecifiL purposes but not expended during th¢ period is shown in the ielevanl ￿ndS on the BalanLe Sheel. Where income
is receivcd in advanLe of enlitlcment of receipt, its recognition is deferred and ineluded in crediiors as dcfcrrcd income.
Where entiilement occurs b¢fore intome is receiv¢d, the income is accrucd.
Inv¢siment income. including interest, is credited to income in the year in which it is receivable.
Other income is recognised in th¢ period in w,hich it is r¢ceivable and io th¢ ¢xieiil the goods have b¢en provided or on
completion of the service.
pa¥e l2

MID KENT MIND
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH2024
Accounting polities
(Continued)
1.5 Expendit￿re
Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third PaTly, it is
probable that a transfer of economic ben¢fits will be required in setilement, and the amoun( of ihe obligation can be
measur¢d reliably.
Expenditure is classified by activity. The ¢05ts of each activity arc made up of the total of dirttt costs and sbared costs.
it]cludiJ)g supporl costs involved in undertaking each activity. Direct eosls attributable to a single activity are allocated
dir¢ctly to thai aciii'ity. Shared cosis which contributt to more than one activity and support costs which are not
ottributable to a single activity are apportioned betiveen ihose activities on a basis COllSlStent with ihe use of resources.
Cenlial siaff costs are allocated on the basis of timt spent, and depreciation charges are allocaled on the portion of the
asset's use.
All expenditure 15 inclusive of ]rr￿0Verable VAT.
1.6 Intangible fixed assels other than goodwill
Intsngible assctf acquired separately fTOm a business aTe recognised at cosi and are subsequently measured at cost less
accumulatcd amortisation and accumulaied impairnient Iosscs.
Intangible assets acquired on business combinations are recognised s¢parately from goodwill at the acquisition date
where it is probable that the expected fvture economic benefits that are attributable to th¢ asset will flow to the entity and
the fair valuc of the asset can be mcasured reliably,. the intangible asset arises from contraC￿al or other legal rights., and
the intsngible asset is separabl¢ fram the entity.
Amortisalion is recogniscd so as to write off th¢ cost or valuation of ass¢ts less iheir residual values over their usefu
lives on the followinbv bases".
Softw8Te
Website dev¢lopmeni costs
3 years straight line basis
3 years %traight line basis
Intsngible assets in the course of construction arc not amortised.
1.7 Tangible fixed asset5
Tangible fixed a.%.%ets are initially measured at cosl and subsequently measured at cost or valuation. nel of depreciation
and any impairnient losses.
Tangible fixed assets Costing £1,000 or niore are capitslised and rccognised when future ¢¢onotnic benefi¢s are probable
and the cost or value of the asset can b¢ measured reliably.
DepT¢ciatioll is recognised so as to off the cost or valuation of assets l¢ss thetr residual valu¢s over their usefijl lives
on the following bases..
Freehold land and buildings
20/0 Straight line basis on buildings
Freehold land is not depreciated.
The gain or loss arising on the disposal of an asset is d¢temJined as the diff¢r¢nce between the sal¢ pro¢¢eds Ènd the
carrying value of the ass¢t, and is recognised in the statement of financial activilies.
1.8 Cash and rash equlvalents
Cash ond cash equivalents include cash in hand, dcposits held at call with banks, oiher short-teTm liquid investments with
original n)aturiti¢s of ihre¢ months or less. and bank overdrafts. Bank overdrafts are Shown within borrowings in CU￿ent
page 13

MID KENT MIND
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Aeeountlng policies
(Continued)
1.9 Financial instrument$
The charity has elecied to apply thc provisions of Seciion 11 'Ba5ic Financial Instruments. and Sectiou 12 '0ther
Financial Instruments Issu¢s' of FRS 102 to all of its financial instruments.
Financial instnLrneniS are recognised in the chatily's balance sheet when the charity becom¢s party to the contractual
provisions of the instrument.
Financial assets and liabilities are offsel, with the net amounts prcs¢nled in the financial statcmenls, wh¢n there is a
legally enforceable right to set off the recognised amounts and th¢re is an intention to settle on a net basis or to realise the
asset and settle the liability sirnultaneously.
Basicfinuncifjl assets
Basic financial assets, which include debtors and cash and bank balances. are initially n]easured at Iransaciion price
including transaction costs and are subsequently carried at amortised cost Using the effective interest method unless th¢
arrangement con.%titules a financing transoction, where the transaction Js measured al the present value of the futuie
re¢eipL% discounted at a market rat¢ of interest. Financial asscts classified as receivable within one year are not amortised.
Bosicfinapcial liabilities
Basic financial liabilities, including ¢r¢ditors and bank loans ar¢ initially reCo￿lsed at trdnsaction price unless the
arTangement consrirnics a finan¢ing transaction, whcrc th¢ debt insttumeni is mcasured at the preseni value of the futu
payments discounted at a tnarket rate of intercst. Financial liabilities clas5ifJed as payable within ODC year ar¢ not
amortised.
Debt instrnments are subsequently carried at amortis¢d cost, using the effective interest rate method.
Trad¢ creditors are obligations to pay for goods or scrvic¢s that have been acquir¢d in the ordinary course of operations
from suppliers. Amounts payable are Classified 85 CUTT¢Dt liabilities if payment is due within one year or Icss. If not, they
are presented as nlTrD-cu￿ent liabilities. Trade creditors are recogni5￿ initially ai Iransacti(Trn price and %ubsequenily
measured at arnortised cost using the cffective interest method.
DerecogiiitioN olfinancial liabilities
Financial liabilities are dere¢ogDised when the charity's Contractual obltgations expir¢ or are discharged or cancelled.
1.10 Employee beDefJts
The cost of any unused holiday entitl¢m¢nt is recognised in the p¢riod in which the employ¢¢'s seTvices are received.
Temiination benefits are recognised immediately as an expense when th¢ charity is demonstrably ¢OTnmitted to t¢rniinate
the employment of an employee or Io Provide iemination b¢n¢fits.
1.11 RetFrement benefits
Paymellts to defin¢d conlribution r¢tirement benefit schemes are charged as an expens¢ as they fall due.
Critical accounting estimates and judgements
In ihe application of the charity's accounting policies, the tTUStces are required to makc judgements, estitnates and
assumptions about the carrying amount of assets and liabilities thai are not readily apparent from other sources. The
¢stimates and associated assumptions are based on historical experi¢nc¢ and other faciors that are consid¢r¢d to be
relevant. Actual results may differ from th¢s¢ estimates.
The eslimaies and und¢rlying assumptions are r¢viewed on an ongoing basis. Revisions to accounting ¢stimates are
recognised in the period in which the estimate is revised where the revision affects only that period. or in the period of
the revision and future peri(trds where the revision affects both current and future p¢riods.
page 14

MID KENT MIND
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Jn£ome from donatkOJIS? grants and legacies
Unrestricted
fund5
2024
Restricted
funds
21124
Total Unrestricted
funds
2023
Restricted
f￿ndS
2023
Total
2024
2023
Donations and gifts
Grants
30,939
30,939
40,420
43,860
43,860
124,004
40.420
124,004
30,939
40,420
71,359
43,860
124,004
167.864
Grant5 received, included in the above. are as follows..
Kent Community Foundation and Th¢ Lawson Trust
Kent Communiry Foundation and The Polebrook Fund
Kent Community Foundathon and the Vulnerabl¢ Adults Fund
Mind - Bvsine.%s Continuation Pund
Mind - Cost of Living Pund
Souihem Water- Community Centre Grant
1,000
417
15,IJ03
20,1)00
I,{)00
page 15

MID KENT MIND
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Income from ¢harTrtable >£tivities
Unrestricled
f￿ndS
2024
Restrieted
fund5
2024
Total Unrestricted
fuTRd5
2023
Restrieted
funds
2023
Totsl
2024
2023
Wellbeing serviccs
Menial hcalth courses
Counscl1inL? services
13,796
12,007
65,482
569.524
51.655
8.821
583,320
63,662
74.303
7.914
13,230
52,651
189,998
51.389
6,999
197.912
64,619
59,65
91,285
630.000
721,285
73,795
248,386
322,181
R¢5tricted granrs and contracts received during the p¢riod, included in the abov¢, are as follows-.
Kent County Council - Suicide Prevention & Mental Health Awareness
Maidslone Borough Council- Helping you Honie
NHS Kent & Medway ICB - Wellbeing Cafés
Shaw TNst (Livewcll Kent and Medway) - Crafts and Chatter
Shaw Trust (Livewell Kent and Medway) - Menral Health Recovery
Ashford Borough Council - PCC Crime Grant
Barnados - Mental Health and Wellbeing Grant
Colyer Fergusson Charitable TNst - Investing in Families
Involi'e Kent- Social Prescribin&T Cirant
Kcnt County Council - Perinaial Support
Maidsione Borough Council - Creariv¢ Communities Fund
Maidstone Borough Council - Warmer Spaces Grant
Sport England and Activc Kcnt & Medway
Sptsn England and Versus Arthritis
The Big Lottery Fund - Reaching Comrnunities
Th¢ Cobtree Charity TTU5t Fund
51.655
8.821
362,860
7,787
31,312
8,119
11,042
19,000
2,500
10.904
1,51)0
1,51)0
5,777
10.000
95,348
1,¥75
Income from investments
Unrestricted Unrestricted
funds
funds
2023
2024
Interest r¢ceivable
10.375
3,718
Expenditure on raising fund5
Unrestricted Unre5triettd
funds
funds
2024
2023
Fundraising and publicity
Othei fundraising costs
691
page 16

MID KENT MIND
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH2024
Expenditure on charitable activities
Mental health Mental health
services
serTrices
2024
21123
Direct costs
Staff costs
Depreciation and impairnicnt
Training and local projects
Professional seTr'iccs l-%upervisionsl
Project resources and venue hire
Exiernal 5UPPOrt
Repatrs, maintenanc¢ and kitchen suppli¢s
IT equipment and software
Telephonc c051s
Travelling, accomnpodation and subsistence
oirice supplies and Sundry expenses
Advertising, marketing and PR
342,103
517.837
8,332
1.969
18.936
2,379
995
12,803
16,366
1,092
719
202
2,473
1,229
443
380,804
547.074
Share of support and governance costs {5ee note 8)
Support
(iovernancc
301,366
21.607
100,652
81,793
703,777
729,519
Analysis by fllnd
Unrestri¢t¢d fimds
Restricted fund5
20,151
683.626
267,894
461,625
703,777
729,519
pa¥e 17

MID KENT MIND
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Support COSt5 allotated to aclivilies
2024
2023
Staff cost5
Depreciation
Advenising, marketing And PR
Reeruitm¢nt and staff developm¢nt
Travelling, acLomodation and %ubsistence
oiric¢ supplies
Telephone costs
IT equipment and 50fm.are
R¢pairs, maintenance and kitchen supplies
Insurance
Oiher support costs
Utiliti¢s and iaies
GoveTnance costs
176,828
8,333
162
6,492
3,993
4,823
4,177
65.459
16,104
6.086
2.632
6,277
21,607
994
2.601
4.002
3,510
4.434
42,541
8.582
4,915
29,073
81,793
322,973
182,445
Analysed behween:
Mental health services
322,973
182,445
2024
2023
Governance costs comprise:
Independent cxaminatton fees
Accountancy
Consultancy f¢¢s
TNste¢ costs
Lcgal and professional fees
4,980
4,740
6.840
65,485
82
4,646
7.088
9.539
21,607
81,793
Lyet movcmeDt in funds
21124
2023
The net movemcnt in fi]nds is stated after chargingl{CTeditiDg)-.
Fces payable for the independent examination of ihe charity's financial statements
Depreciation of owned tangible fixed assets
Amortisation of iniangible assets
4.980
6,642
1,690
4,740
6,642
1,690
io
Trustees
None of th¢ trustees (or any p¢rsons connected with them) received any r¢muneralion or benefits from the charity during
the year {2023 - £Nil).
DuTing the year ended 31 Marth 2024, trust¢¢ costs were incurred by the Charity amounting to £Nil in respeci of mil¢ag¢
for one of ihe trustees12023 £82).
page 18

MID KENT MIND
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
Emplovee5
The average number of full time equivalent employees during ihe year was..
21124
Number
2023
Number
Administrative
Welbeing and community development workers
12
Total
15
19
Employment Costs
2024
2023
Wages and salaries
Social security costs
Other pension costs
473,555
37,319
8,057
480,656
29,780
7,401
518,931
517,837
The nun)ber of eniployees whose annual remuneration wa5 more than £60,000 is as
follows..
2024
Nllmber
2023
Number
£80.000- £90.000
Remuneration of key management personnel
The remuneration of key managcment personnel was as follows..
2024
2023
Aggregate compensation
171,768
112,195
The trustces consider the charity's key manag¢ment personnel to consisi of the CEO and the Senior M2nagement Team.
12
Taxation
The charity is exempt from iaxation on its a¢iivities be¢au5e all its income is applied for charitabl¢ PUEposes.
page 19

MID KENT MIND
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 51 MARCH 2024
13
Intangible fixed assets
Software
Wtbsilt
devtlopmeDt
to$ts
Total
Cost
At l April 2023 and 31 March 2024
5.069
14,922
19,991
Amortlsation and impairment
At l April 2023
Amortisation Charged for the y¢ar
2,676
1,690
2,676
1,690
At 31 March 2024
4,366
4,366
Carrying amount
At 31 March 2024
703
14,922
15,625
At 31 March 2023
2,393
14,922
17,315
Website developn)ent costs rclate lo ihe new charity website. The w¢bsite was launched after (he balance sheet date and
will b¢ aTnortised over its useful life from the launch date.
14
Tangible fixed assets
Froohold land
buildings
Cost
At l April 2023
295.881
At 31 March 2024
295,881
Depreciation and impairment
Ai l April 2023
DepTeciation charged in th¢ ye
13,245
6,642
Ai 31 March 2024
19,887
Carri'ing amount
Ai 31 March 2024
275,994
At 31 March 2023
282,636
pa¥e 20

MID KENT MIND
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
14
Tan8lble r￿ed assets
(CoDtinued)
Mid Kent Mind the property at 23 College Road Maidsione which is its principal address. SoTt]e of the funding lo
purchase the property was PTovided by The Maid5tone Health Authority.
The following restriction is registcr¢d against the prop¢rty'. 'No disposition by the proprietor of the land is to be
registercd and none shall take ¢ffecl unless madc with the consent of the Housing C.orpoTation {being The Maidstone
Health Authority). when such consent is required under the provisions of section 9 of the Housing Association5 Act
1985"
The prop¢rty is registered at H M Land Registry under ihe name of Maid5tone Association of Mental Health (latterly
Maidstone and Mid Kcnt Mind) registered with the Charity Commission on 9th December 1969
registration numb¢r
260122. The fund5 and all associated a5set5 weTe tranSfe￿£d to Mid Kent Mind on 16 November 2018, 3 CIO re¥i5tered
'ith the Charity Commission on 25 May 2016 - registration number 1167328.
The Trusiees are taking steps io ensure the recoids held at H M Land Registry ar¢ up to date.
IS Debtors
2024
2023
Amount5 falling due within year:
Trade debtors
Other debtOTS
Prepayments and accrued income
11,556
863
25,995
403,588
13.707
106,692
38,414
523.987
16
Creditors: amounts falling dllt within one year
2024
2023
Notes
Othcr taxation and social Security
Deferred incomc
Trade creditors
Other ¢rediiors
Accruals
10,137
101,192
4,158
1,730
6,407
8,332
395,222
45.365
230
5.816
17
123,624
454,965
17
Deferred income
Deferred income is included in thc financial statements as follows..
21124
2023
Def¢￿ed income is included wtthin..
Cunent liabilities
101,192
395,222
MoN'ements in the ycar..
paue21

MID KENT MIND
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 21124
17 Deferred income
(Continued)
Deferred inctsme 31 l April 2023
Released from previous periods
Resources def¢￿ed in the year
395,222
{395,222}
101,192
8,750
18.7501
395,222
Def¢rred income al 31 March 2024
101,192
395.222
D¢fe]Ted income relate5 to grants and contract incorne for the 2024125 financial year received in advance.
18
Retirement benefit sehemes
2024
2023
Defined Contribution schemes
Chargc to profit or loss in respect of defined contribution schemes
8,057
7,401
The charity operates a defined contribution pension sch¢me for all qualifying eniployees which is h¢ld with the National
Empl(Tryment Savings Tn]st (NEST).
The assets of th¢ scheme are held separately from those of the charity in an Inde￿ndent[Y administercd filnd.
Amounis totsling £1,73012023 - £Nil) w¢re payable to the fund at the balance sheet date and are included in creditors.
pa&Te 22

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MID KENT MIND
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH2024
20
Unrestricted funds
Th¢ unrestricied funds of tb¢ charity Lomprise th¢ unexpended balanc¢s of donations and grants which are not subject to
specific conditions by donoTS and grantors as to how they may be used. These include designaied funds which haN'¢ been
set aside out of unrestricled funds by the Iru5tees for specific purposes.
At l April 2023
Incomirtg
resources
Resources
expended
Transfers
At 31 Mareh
21124
General funds
683,779
133,324
(20,842)
807.382
Previous year:
At l April 2022
Incoming
resources
Resources
expended
TTaDsfers
At 31 March
2023
General funds
908,324
122,983
(267,894}
{79,634)
683,779
21
Analysis of net a55ets between fund5
Unrestricted
funds
2024
Restricted
funds
2024
Total
2024
At 31 March 21124:
Intangiblc fixed assets
Tangible asge(s
Cutrent assetsl(liabilities)
15.625
275,994
515,763
15,625
275,994
515.763
807,382
807,382
Unrestricted
funds
21123
Rtktrieted
funds
2023
Total
2023
At 3] Mareh 21123:
Jntsngible fixed asscts
Tangible asscts
Current a55etsl(liabilities)
17,315
282.636
383.828
17,315
282,636
408,155
24.327
683,779
24,327
708.106
page 26

MID KENT MIND
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
22 Operating lease commitments
Lessee
At th¢ reporting end date the charity had outstanding commitments for future minimuin lease payments under non-
ancellable operating lease5, which fall due as follows..
2024
2023
Within on¢ year
Betw¢en two and five years
50,484
84,247
53.174
129,720
134,731
182.894
23
Events after tht reporting date
Mid Kent Mind wa5 unsuccessful in rencwing ihe contract for the provision of wellbeing support and CTiSi% avoidance for
adults within the comniunity in Ashford and Maidstone fvnded by NHS Kent and Medway ICB. The conlTact terniinated
on 3 1st March 2024 although funding for two additÈonal montbs has bccn confimied.
Mid Kent Mind is in the proces5 of s¢eking addilional funding from other sources whilst also taking the opportunity to
slreanilinc the service provid¢d and, although th¢ charity will exp¢rience a reduction in funding, the trustees are
confident the charity will continue to be a going concern.
24
Rtlated party trans4£tion5
During the year, the charity entered inlo Eho related party transactions {2023 £8,200 with Youth R¢siliente UK}.
25
Cash generated from operations
2024
2023
SuTplusl{deficit) for the year
99,276
(233,746)
Adjustments for..
Investment incomc r¢cognised in statement of financial activiti¢s
Amortisation and impairnient of intangible assets
Depreciation and impatnnent of tangible fixed assets
{10,3751
1,690
6,642
(3,718)
8.332
Mol'ements ill working capital..
Decrcasel(increase) in debtor5
{Decrease)/incTcas¢ in creditors
{Decrea5¢)linrr¢ase in deferred in¢ome
485,573
(37,311)
{294,0301
{262.945)
11,804
386,472
C#sh generated from/(absorbed by) operations
251,465
{93,801 }
26
Anal)'sis of changes in net funds
The charity had no mat¢rial debt during the y¢ar.
page 27