2025-03-31-accounts - The Harmony Centre

This text was generated using OCR and may contain errors. Check the original PDF to see the document submitted to the regulator.

Charity Registration No. 1170086 Company Registration No. CE008142 (England and Wales) THE HARMONY CENTRE ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Lentells Chartered Certified Accountants

THE HARMONY CENTRE LEGAL AND ADMINISTRATIVE INFORMATION Trustees A West A Bark (Secretary) R Banton R Coney (Chair) H Wright N Rawlings (Treasurer) E Pearce (Appointed 9 July 2024) (Appointed 18 April 2025) (Appointed 3 June 20251 Charity number (England and Wales) 1170086 Company number CE008142 Principal address Unit 1 and 2 Edwards Tower Building St. Michaels Trading Estate Bridport Dorset DT6 3RR Registered office Unit 1 and 2 Edwards Tower Building St. Michaels Trading Estate Bridport Dorset DT6 3RR Independent examlner Lenlells Limited Ash House Cook Way Bindon Road Taunlon Somerset TA2 6BJ

THE HARMONY CENTRE CONTENTS Page Chairman's statement Trustees, report Independent examiner's r8POrt Statement of financial activities Balance sheet Notes to the financial statements 8-15

THE HARMONY CENTRE CHAIRMAN'S STATEMENT FOR THE YEAR ENDED 31 MARCH 2025 Harmony has had another very successful year, and this report outlines the highlights for the period April 2024- March 2025. We completed our move into new premises on St Michael's estate in May 2024, and were honoured to have The Lord Lieutenant of Dorset in attendance at the opening event, who used the occasion formally to present us with the King's Award for Volunteering which we were granted late in the previous financial year. In his citation he said.. "Bridport and its surrounds are lucky to have such a locally crealed and run service which helps a broad spectrum of clients lo live better lives and often rescues them from the downward spiral of serious mental illness.. .11 is an extraordinarily successful initiative in the critical area of mental health and represents the very best of voluntary excellence. We used that occasion to celebrate our 10th birthday and to Pay tribute to our founders- particularly Ros Copson, who stepped down as a Trustee during the year, but remains a regular and welcome presence in the ntre and continues to fundraise and advocate for us whenever she can. In the Autumn of 2024, we secured a new NHS contract for provision of the Access Wellbeing service across West Dorset. Much of the year was dominated by the process of working with our partners to put together a successful tender, and then recruiting staff, preparing the space for them lo work from in Bridport and securing the partnerships we needed in order to operate this seNice in Lyme Regis, Beaminster and Maiden Newton. We look forward to reporting in depth in a year's time on how the first year of that new service has gone, and the difference it has made to people's lives. In March we promoted Tracey Bovingdon to take on the role of Chief Executive of Hamiony, when our longslanding CEO, Caroline Gamble, decided to take her very well-earned retirement. Our financial position requires a constant focus on fundraising, and we started the year knowing we needed to raise approximalely £80k in year, in order lo deliver our planned activity for the year. l am delighted to report that we achieved this and we would particularly like to thank.. All our individual donors and supporters Everyone who has rattled a tin on our behalf A G Down Limited Albert Gubay Charitable Foundation Alice Ellen Cooper Dean Charitable Foundation Bridport Charities Bridport Christian Gift Bridport Hat Festival Carpet World Bridport Dorset Communily Foundation Dorset Council Garfield Weston Foundation National Lottery Communitl8s Fund Porter Dodson LLP Sir Jules Thorn Charitable Trust St Mary's Church Story Traders We also spent much of 24125 working hard behind the scenes to make the charity more robust. We held a very successful charity planning day with our staff and volunteers in September, and this led directly to further improvements to our staff structure so that each of our three seNices (Community Front Room, Drop In and Access Wellbeing) now has ils own manager, our administrator role has been upgraded to a much needed Business Manager and our CEO is now a full time post. We have had our first full year managing our finances digitally, with the very successful move to using an online accounting system, generously funded by the National Lottery. Alongside the changes to our staff structure, this has improved our governan and financial controls and significantly reduced the risks we previously faced, when we were reliant on a volunteer Treasurer for almost all aspects of our financial management.

THE HARMONY CENTRE CHAIRMAN'S STATEMENT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 We have also started to use our new database, Charity Log, to enable us to improve the evaluation of our services. We are not yet where we want to be in terms of measuring the impact of our services, but we are heading in the right direction and look forward to being able to share further improvements next year. We have full year figures for The Community Front Room. It opened 201 times in the year, 83 people used the service, between them attending 1736 times, meaning on average each user needed our support, whilst in crisis, approximalely 20 times during the year. We cannot know for certain where those people would have turned if we had not been there when they needed us, but we do know from what they have told us that we continue to be, very literally, a lifeline for many of them. In their own words-. With out the CFR I wouldn't be here" "Have valued having people that really listen and ask pertinent questions" "They helped me lo find light at the end of the tunnel" This place should be the first place you go too, before you get to the point that you need to go to hospital" We also know that 157 adults used one or more Drop-in services on a regular basis in the second half of the year, and that of them: 113 Reported improved mental health or wellbeing 100 Reported better access to services or support 90 Reported increased self-esteem and confidence 85 Reported increased interpersonal {social, communication and relationship) skills 71 Reported a reduction of stress, anxiety andlor symptoms of depression 66 Reported increased resilience or self-care 57 Reported improved social networks 38 Reported an increased sense of belonging in their community and in personal aspirations and goals 3 Now volunteer regularly, work or are in work experience Our volunteer team grew to 15, and we want to thank them all for their contribution. Many of them bring lived experience of mental ill-health, and this is invaluable in enabling them to support those accessing our services. We also continu8 to be an important source of employment for people wilh lived experienc8 of poor mental health. None of this would have been possible without the hard work and commitment of those volunteers and staff, and the ongoing dedication of our team of Trustees. I would like lo finish by thanking them all. .%ignR¢.pJ).17..Qclober 2025 @ 09 Chairman Date..

THE HARMONY CENTRE TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) FOR THE YEAR ENDED 31 MARCH 2025 The trustees present their annual report and financial statements for the year ended 31 March 2025. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing Iheir accounts in accordancè with the Financial Réporting Standard applicablé in tha UK and Republic of Ireland IFRS 1021" Objectlves and actlvltles The charity's objects are for the public benefit, the relief of persons suffering from, or recovering from, mental health problems by providing support, information and activities helping them further their recovery and integrate into the community. The education of the public in matters pertaining to such people. The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charily should undertake. During the year the charity has run.. 1 } The Community Front Room service. This is a crisis service provided 52 weeks a year to any adult aged 18 or over who wishes to access it. It is provided under contract to the NHS through a subcontract with Bournemouth Churches Housing Association. 2) A programme of Drop-in activities. This is a year round programme of day time activities designed to provide support with recovery for those struggling with their mental heallh. It is entirely funded by grants and donalions and is available lo any adult aged 18 or over who wishes to access it. 3) An ongoing series of activilies designed to reduce stigma around mentsl health and to raise awareness of the support services available in the local area to those in need. Public b8n8fit The trustees have paid due regard to guidan issued by the Charity Commission in deciding what activities the charity should undertake. Flnanclal revlew Tolal incoming resources for the year were £378,46512024.. £218,237) and the net surplus was £60,330 12024.. £16,222 deficit). Total funds at 31 March 2025 were £153,685 (2024.. £93,355) including restricted funds of £3,16612024'. £3,166). The 2025 accounts have been prepared on an accruals basis, the comparative figures were prepared on a cash basis. Reserves policy It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month's expenditure. The Iruslees consider that reserves at Ihis level will ensure that, in the event of a significanl drop in funding, they will be able lo continue the charity s Current activilies while consideration is given lo ways in which addilional funds may be raised. This level of reserves has been maintained throughout the year. Structure, governance and management The charity is a regislered charity.

THE HARMONY CENTRE TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 The trustees, who are also the directors for the purpose of company law, and who served during the year and up to the date of signature of the financial statements were.. A West (Appointed 9 July 20241 A Bark (Secretary) R Banton R Coney (Chair) A Cliffe H Wright R Copson A Hutchinson N Rawlings {Treasurer) E Pearce (Resigned 1 September 20251 (Resigned 12 November 2024) (Resigned 19 March 20251 (Appointed 18 April 2025> (Appointed 3 June 2025) Recruitment and appointment of trustees Trustees were recruited by open advertisement in local media, and were appointed in line with the Charity's Trustee Recruitment Policy. The charily is a regisler8d charity, first registered on 8 November 2016. The constitution was amended on 30 August 2017 and on 10 April 2024. The Iruslees have assessed the major risks to which the charity Is exposed, and are satisfied that systems are in place to mitigale exposure lo the major risks. The trustees, report was approved by the Board of Trustees. .SLqoAO.pJ).17..Qclobèr 2025 @ 09 Chair Date..

Jodie Farkas Countersigned on 17 October 2025 @ 09:29

THE HARMONY CENTRE STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Unrestricted Restricted funds funds 2025 2025 Total Unrestricted Restricted funds funds 2024 2024 Total 2025 2024 Notes Income from: Donations and legacies Charitable activities Investments 175,212 199,829 1,867 1,557 176,769 199,829 1,867 91,520 116,496 1,525 8,696 100,216 116,496 1,525 Total income 376,908 1,557 378,465 209,541 8,696 218,237 Expenditure on: Charitable activities 316,578 1,557 318,135 200,734 33,725 234,459 Total expendlturg 316,578 1,557 318,135 200,734 33,725 234,459 Net In¢omel(expenditure) and movement in funds 60,330 60,330 8,807 125,0291 116,2221 Reconciliation of funds: Fund balances at 1 April 2024 93,355 93,355 84,548 25,029 109,577 Fund balances at 31 March 2025 153,685 153,685 93,355 93,355 The stat8ment of financial activities includes all gains and losses recognis8d in the year. All incom8 and expenditur8 derive from continuing activities.

THE HARMONY CENTRE BALANCE SHEET ASAT31 MARCH 2025 2025 2024 Notes Fixed assets Tangible assets 11 8,929 10,019 Current assets Debtors Cash at bank and in hand 12 2,200 177,077 83,230 179,277 83,230 Creditors: amounts falling due within one year 13 134,521) 106 Net current assets 144,756 83,336 Total assets less current Ilabllltles 153,685 93,355 The funds of the charlty Unrestricted funds 15 153,685 93,355 153,685 93,355 The company is entitled to the exemption from the audit requirement contained in section 477 of the Companies Act 2006, for the year ended 31 March 2025. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements. The members have not required the company to obtain an audil of its financial statements for the year in queslion in accordance with section 476. These financial slatements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime. The financial slatements were approved by the trustees on Sign8d on 17 October 2025 @ 09 Chalr Company registration number CE008142 (England and Wales)

THE HARMONY CENTRE NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 Accountlng pollcles Charlty Informatlon The Harmony Centre is a Charitable Incorporated Organisation incorporated in England and Wales. The registered office is Unit 1 and 2 Edwards Tower Building, St. Michaels Trading Estate, Bridport, Dorset, DT6 3RR. 1.1 Basis of preparation The financial statements have been prepared in accordance with the charity's governing document, the Companies Act 2006, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and Ihe Charilies SORP "AGGounling and Reporting by Charilies.. Slatement of ReGommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 1021" The charity is a Public Benefit Entity as defined by FRS 102. The charity has taken advantage of the provisions in the SORP for charities not to prepare a stalement of cash flows. The financial statements are prepared in sterling, which is the functional currency of the charity. Monelary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopled are sel oul below. 1.2 Going concern At the time of approving the financial stalemenls, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees Continue to adopt the going concern basis of accounting in preparing the financial stalements. 1.3 Charitable funds Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives. Restricled funds are subjecl to specific conditions by donors or grantors as to how Ihey may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements. Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity. 1.4 Income Income is recognised when the charily is legally enlitled to il after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of Ihe donation, unless performance condilions require deferral of the amount. Income tax recoverable in relation to donations received under Gift Aid or deeds of Covenant is recognised at the time of the donation. Legacies are recognised on receipt or otheNise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a Contingent asset. Where contracted income is received in advance io the services being provided, the income is deferred and released upon delivery of Ihose services.

THE HARMONY CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies (Continued) 1.5 Expenditure Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated direGlly to that activity. Shared Gosts which Gontribute lo more than one activity and support costs which are not attributable to a single activity are apportioned between those activilies on a basis consistent with the use of reSoUrs. C8ntral staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset's use. 1.6 Tangible fixed assets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to writ8 off th8 Cost or valuation of assets less their r8sidual values ov8r their useful lives on the following bases: Planl and equipment 25¢/0 reducing balance The gain or loss arising on th8 disposal of an ass8t is determin8d as the differenc8 between th8 sa18 proc88ds and the carrying value of the asset, and is recognised in the statement of financial activities. 1.7 Impairment of fixed assets At each reporting end date, the charity reviews Ihe carrying amounts of ils langible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indicalion exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). 1.8 Cash and cash equlvalents Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturilies of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 1.9 Flnanclal Instruments The charity has elected to apply the provisions of Section 11 'Basi¢ Financial Instruments, and Section 12 'Other Financial Inslruments Issues, of FRS 102 to all of ils financial instrumenls. Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, wilh the nel amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounls and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Basic financial assets BasiG finanGial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest melhod unless the arrangement constitules a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets lassified as receivable within one year are not amortised.

THE HARMONY CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies (Continued) Basic financial liabilities Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement conslilutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to Pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable ar8 classified as current liabilities if payment is due within on8 year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. Derecognltlon of flnanclal Ilabllltles Financial liabilities are derecognised when the charity's contractual obligations expire or are discharged or cancelled. 1.10 Employee beneflts The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received. Termination benefits are recognised immediately as an expense when the charity is demonstrably committed to terminate the employment of an employee or to provide lerminalion benefits. 1.11 Retirement benefits Payments lo defined contribution retirement benefit schemes are charged as an expense as they fall due. Critical accounting estimates and judgements In the application of the charity s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimales and associated assumptions are based on hislorical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The eslimates and underlying assumptions are reviewed on an ongoing basis. Revisions lo accounling estimates are recognised in the period in which the estimate is revised where the revision affects only Ihat period, or in the period of the revision and future periods Whe the revision affects both current and future periods. Income from donations and legacies Unrestricted Restricted funds funds 2025 2025 Total Unrestricted Restricted funds funds 2024 2024 Total 2025 2024 Donations and gifts 175,212 1,557 176,769 91,520 8,696 100,216 10-

THE HARMONY CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Income from charltable actlvltles Unrestricted funds 2025 Unrestricted funds 2024 Charitable income Services provided under contract 199,829 116,496 Income from Invéstments Unrestrlcted Unrestrlcted funds funds 2025 2024 Interest receivable 1,867 1,525 11

THE HARMONY CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Expendlture on charltable actlvltles Charltable Charltable expenditure expenditure 2025 2024 Direct costs Staff costs Depreciation and impairment Light & heat Repairs & maintenance Activities Sustenance Travelling Advertising Staff entertainment Bank charges Rent Staff training 213,684 2,530 3,734 23,564 34,497 2,492 649 1,211 434 257 24,292 4,370 157,136 24,581 5,486 190 12,405 311,714 199,798 Share of support and governance costs Support Governanc8 243 6,178 34,661 318,135 234,459 Analysis by fund Unrestricted funds Restricted funds 316,578 1,557 200,734 33,725 318,135 234,459 Net movement in funds 2025 2024 The net movement in funds is stated after chargingllcrediting): Fees payable for the independent examination of Ihe charily's financial statements Depreciation of owned tangible fixed assets 3,451 2,530 Trustees None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year. 12-

THE HARMONY CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Employees The average monthly number of employees during the year was.. 2025 Number 2024 Number 15 15 Employment costs 2025 2024 Wages and salaries Social security Gosls Other pension costs 198,980 7,790 6,914 157,136 213,684 157,136 There were no employees whose annual remuneration was more than £60,000. 10 Taxatlon The charily is exempt from taxation on its activities because all its income is applied for charilable purposes. 11 Tangible fixed assets Plant and èquipment C08t At 1 April 2024 Additions 10,019 1,440 At 31 March 2025 11,459 Depreciation and impairment Depreciation Gharged in the year 2,530 At 31 March 2025 2,530 Carrying amount At 31 March 2025 8,929 At 31 March 2024 10,019 13-

THE HARMONY CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 12 Debtors 2025 2024 Amounts falling due within one year: Trade debtors Prepayments and accrued income 45 2,155 2,200 13 Creditors: amounts falllng due wlthln one year 2025 2024 Other taxation and social security Trade creditors Other creditors Accruals and deferred income 3,475 8,134 21,172 1,740 1106) 34,521 11061 14 Retlrement beneflt schemes 2025 2024 Deflned contrlbutlon schemes Charge to profit or loss in respect of defined contribution schemes 6,914 The charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the charity in an independently administered fund. 15 Unrestricted funds The unrestricted funds of the charity comprise the unexpended balances of donations and grants which are nol subject to specific conditions by donors and grantors as to how they may be used. These include designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes. At 1 April 2024 Incoming resources Resources At 31 March expended 2025 General funds 93,355 376,908 1316,578) 153,685 Previous year: At 1 April 2023 Incoming resources Resources At 31 March expended 2024 General funds 84,548 209,541 1200,734) 93,355 14-

THE HARMONY CENTRE NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 15 Unrestricted funds (Continued) In the accounts to 31 March 2024, the charity treated the funds received from the National Lottery as a restricted fund. The trustees have since reviewed the conditions attached to the funding and an amendment has been made to the comparative information to classify the National Lottery funding as unrestricted. 16 Related party transactions There were no disclosable related party transactions during the year {2024 - none). 17 Change of accounting basis The accounts for the year to 31 March 2025 have been prepared on an accruals basis where as the comparatives were prepared on the cash basis. Appropriale adjuslments have been made in the year to account for this transition. 15-

THE HARMONY CENTRE HARMONY MENTAL WELLBEING DETAILED STATEMENT OF FINANCIAL ACTIVITIES

FOR THE YEAR ENDED 31 MARCH 2025

1 1 3 1 2 7	Unre	Rest	396 15,000 10,000 500 450 5,500 30,249 10,200 20,000 71,688 150 1,307 2,500 200 150 3,733 4,746 T	176,769 199,829 1,867 378,465 311,957 311,957 6,178 318,135 60,330 93,355 otal 2025
	- 5,000 0,000 500 450 5,500 0,249 0,200 0,000 1,688 150 1,307 2,500 200 150 2,572 4,746 fu 2	396 - - - - - - - - - - - - - - 1,161 - fu 2
21 1 3 2	3,684 434 4,370 1,211 6,577 649 3,734 7,177 1,384 257 2,530 4,101 4,292	- - - - 1,161 - - - - - - 396 -	213,684 434 4,370 1,211 17,738 649 3,734 7,177 1,384 257 2,530 34,497 24,292


				153,685