Mates in Mind- A company limited by guarantee Trustees, Report and Financial Statements For the year ended 31 December 2020 Company number: 10338868 Charty number: 1172460 Scottish charity number: SC047778 *￿a￿]07m* 0710￿0?1 COMPANIES H￿ISE #270 INDEX PAGE Trustèès. Report and Financlal Ststem•nts Report of the Trustees 3-10 Indewdenl Auditor's Report 11- 13 Slalemenl ol Financial Acbvibes 14 Balance Sheel 15 Notes to the Finanoal Statements 16-25 Reference and Administrative Details 26 Mates in Mind Report of the Trustees Foi the year ended 31 December 2020 Mates in Mind was established by the Helth in C￿strUction Leadership Group and the British Safety Council as a registe￿d charity in Au9usI 2016. operating primarily in the UK. The British Safety Council is the sole member of the charty. anij the ¢harity therefore fomis part of the 8ribsh Safety Council'group of entities for the purposes of preparing consolidated financjal statements. However, the ¢harity operates at arm's lengih from the B¥ib"5h Safety Council. The Tnjstees, Rewrt is also a Direct¢)rs' Report. as requifpd by Chapter 5 part 15 of the Companies Act 2006. and all charity trustees are company directt)rs. In accordance with the small ¢ompany exempbDn5 in the Companie5 Ad 2006. the Trustees have limiled their ieport and not produced a separate strateg reporL OUR COMMITMENT TO HEALTH. SAFETY AND WELL8EING We wm lo ensure our staff, associates and those peop￿ affected by ourwork actiwb.es are kept healthy and safe. and that we ccrtnply vAth all our legal obligab"ons. We review health, safety and wellbeing at each board meeting as well a5 in our regular team and line manager meetings. The team is represented on Ihe group's health. safety and weffare committee. which compnse5 both management and ern￿Oyee representatNes from all departments and diviyons, and meets quarterly to review hearth and safety F¥Jlicws. systems ￿(1 management performance and institLrte improvernents where necessary. All new staff are requirefj to undertake inthjction trainiTh3 7hthi¢h indudes detaile(f advice and guidance on health, safety and wellbeing. Following this. all slaff are required to achieve as a minimum a level 1 qualification in health and safety. as well as basic awareness and understanding of mental health. We have both physical and mental heatth first aiders. 2. OBJECTIVES AND ACTivifiES 2.1. Our charitabl8 obj¥cts The charity's objects, as set OLrt in its goverr4ng document. are.. a) To advance the educats'on and understanding of employers. other organisations aThJ the general put4ic in mental health issues., b} To promote and improve the mental health and wel￿be1r￿a of per50ns." and ¢) To rèlieve. or assist in the relief of, persons suffering from mental illness or distress for the public benefit. 2.2. Our vision. alm$ and strategy Our vision is Ihal ￿he￿ is no health Nmthout mental heahh". In support of this vision. our wnrApal ams are to-. a) Raise awareness and understanding of mental health and mental i11-he￿￿. bl Help people to understand how. when and where to get 5UPPOrt", and ¢1 Break the silence and sligma through promob.ng cullures of posilive wellbeing throughc4Jt the indu51ry. We continue V*ith our aim lo reath 75% ofworkers in the cOnstruct￿n industry by 2025. Mates in Mind Report of the Truslees Iconlinued} For the year ended 31 (k￿mber 2020 2.2. Our vi$ion. aims and strategy Icontinu*dl As a ¢harity. we have relied on donations and iTrkind supportfrom wr key parkners including. a significant amounl of financial support from the Briti"sh Safety Council. However, our aim is lo be financially sdf- sufficient. We aim to increase our primary purpose tradjng acliwb.es and jnib.ally use any surpluses generated lo build modest ceserve5 to act as a buffer against economic turbulence. Once we have achieved this any fijrther surplus wryll be used to further our Ghartsbte aims. The charity trustees believe that Mates in MTrnd's vision. amns and obiedives ftlly reflect our charitable objecltves. 2.3. Our artivities Qur main activibes. undertaken to further the charity's purposes lol the public benefit. are grouped undei the lollowing heading5. GL#dance an ort-tosu anisations in crnati the ramme Impfoving wgrkplace mental health requires a cuhural change in organisations from board room lo srte. Key to thi$ 15 ensuriry that the organi5ab.ons we work wll have access to ¢ytrent and relevant informats'on, guidance, advice and news. Dedicated support managers at Mates in Mind assisl our supporters wth d1￿ct advice and guidance. Supporters can access a wide range of materials through our web site. via the newsletters and published arb"cles. Through0￿ the year we also used virtual conferences, seminars and netsvorking events to share our guidance and support to supporters and others. Through working direclly through our partnets. business champions and supporter5 we also improved our rea¢h through programme support delivered direGUy by the Males in Mind team. A￿arenesS ant1 Education- to educale and infonn t Improving the understanding and kn￿edge of mental health in the workplace across employees at all levels is a vital part of crealing a positive mental heallh environment. We offer a suite of edLKalional and training options. Thi5 is now offered as blended leaming, wth online and face-to-face packages available. They are also delivered across the UK ihiough our training partners. ommuniealion - lo visiol su ort the frarnework th￿￿ houl a business An effective mental health plan needs to be well ¢ommunicated across a busine$$. We developed bespoke intemal and external communirakn.ons through pres5 releases. web presence. 50Gial media and other visible collateral. Our programme offers support through a variety of communicab'on rollateral - from stickers, posters, Ilyers, infomiabon cards, and bespoke products for our supporters. Reeo nisin ood ra¢li¢e- to im fDve the effecfy"veness & im act of our WO￿ and that of our artners For the fourth year running, the Males in Mind Impact Award5 have ¢elebraled those making meaningful change across workplaces. The awards aim to recognise and celebrate the good work of large organisations. SMES and indiwduals across the UK. An independent panel of leading Industy experts adjydi¢ates the awards. The chanty trustees have assessed and are sats"sfied that each of our activitses are for public benefit. We are satisfied that we have complied wth the duiies plaeed upon us under 5￿tion 17 of the Charities Act 2011 hawng due regard to the general guh1ance on publi¢ benefit published by the Charity Commission. Mates in Mind Report of the Trustees Icontinuedl For the year ended 31 December 2020 ACHIEVEMENTS AND PERFORMANCE 3.1 Flnancial perfomianc• The Charity Irustees measure the financial perfomiance of the ¢harity against a budget sel by them for the year. The charity Iruslees also measure performance against other quantitative and qualitative perf￿mance metrics. These indude the number of V•X)rkers in the constructs'on sector we rea¢h through our pfogramme ol activity. During the year the tharity's total income was £593.96012019. £590,782) and it incurred a nel surplus of £9,00212019.' net deficit £15.621)- 3.2 Manging the charity through COVID-19 COVIO-19 has had a huge impact on our organi5atron during 2020, whether that's financial or people related, like so many others. Although we have weathered the conts'nuirtg storm well due lo strong. quick and de￿51Ve action. we a￿ now a smaller organisation than in the past due to re$tructuring but wth a fim platfom from which to grow back to previous levels and beyorn1. 3.3 Managing Mentsl Hg•1th and Wellbeing Our work during 2020 Centred around improving the education and awareness around mental health, fortfying our bdiel that there is no health withoLrt mental health. We doubled down on ovr core industy, Supporting the bthole construction sector, ensuring that organisabons of all sizes are provhlin9 the right mental healih support for their employee5 le5pecialty as mental health has been a core issue for workers during the COVID-19 pandern￿ and evidence 5how5 that this wll likely lead to ongoing trauma aftetwardsl. We have also been reaching out to the self-employed and 501e trader5 that do not have access to Ihe support often offered by larger oigwisab.ons and may be more vulnerable as a resull. Making the rnost of the move to remote working durin9 the 2020 COVID lockdown, we adapted our Iraining wth Live Online and digrtal delivery of 5erwce5. We have been worknng with the British Safety Council1'8SC'I with the developmenl of their new Wellbeing piogcamme- Being Well Together. Mates in Mind are providing the Mental Health elements of the service. This is available to Males in Mind I'MinM'I and BSC customers alike. Not only wll this add another reason for organisations to reach out lo us, bul also remain enga9ed wth Minm. COVID-19 has highlighted the importance of mental health in any workplace and Minm 5UPPOrt and growth (albeit slowtyl into the Transport and Logistics sector. Minm react5 lo any new opportvnily that arises in any sector or geographic locab.on if appropriate. 3.4 Building understanding and capability Our website is the main repository for materials and includes downloadable res¢ur¢es and Collateral, video and podcasts, a gro￿￿9 number of case studies, fvrther reference links for advice and technical support, and a range of other content. We have also been proactsvety building understanding and sharing inlormab.on through our support for wder campaigns such as Mental Health Awareness Week, Time to Talk Day, Stop Make a Change and 1nternab.onal Suicide Prevention Awareness Day. Our engagement and inteiath'on with individuals have seen a sKJnificant Increase in acts'vity via our website and social media. Mates in Mind Report of the Trustees {conlinuedl For the year ended 31 December 2020 3.5 Promoting hadership and worftèr èngapm•nt We conth.nue to celebrate and champion our partnerships key groups and organisab.ons from across various sedors. This ha5 enabled Mates in Mind to Push the reach of our voice further. Our partner organi5abons have helped us to conl]"nue shapin9 Ihe conversation around mental health. During the last year, Mates in Mind have been lucky enough to be provide w. 13.102) 122.7011 It<*4031 1$.5ty) 1S•3.7021 122.7011 160&431 Npl l•xYn￿￿reTr 7.010 122.7•11 119.$211 Tttnst*rs b01￿￿1￿1•1$ N•t mo¥•m•ht Ififwth I lll•lkNJ 601 R*wn¢a￿E11n ollund5 Ildellc4tJ.' Totaldefkil rrrfwaFd at 1 Jai ToL*dqrl￿ * 31 D•Cets*W 10.L $1.46 .312 32,701 111.0 )4.￿1 AJI of the above results are derived from continuing ath"vib"e5. The profit I Ilossl for the for year for Companies Act purposes was the same as the net movement in fvnds for the year. The accompanying accountin9 policies and notes fomi an integral part of these financial ststernents. 14 Mates in Mind Balance Sheet As at 31 December 2020 Note 2020 2019 Fixed assets IntarvJible as5etS Tarsible fued assets 58.419 5,496 63.915 7.870 7.870 Current *s$•ts Debtors Cash al bank 50.529 231,765 282.294 180.754 44.887 225.641 Cr•ditows'. amounts lalfjng due one year 1371.5891 1267,8931 NET LiABILITIES 25.380 34.382 IDeficK} I funds Unre51ricted del￿rt- urtrjes￿nated Unresiricted ILW)Is - designated Restricted fur¥Js TOTAL DEFIC￿ . 9,10 9.10 9,10 1107,795} 63,91 S 18,5LKJ 25.380 IS2,2521 7.870 10,C¥)O 34.382 The finan¢ial statements have been prePa￿d rn a¢cordance wth the prow*ons applicable to companies subject to the small company's regime. The financial ststements were approved by Ihe Board and aulhorised for i55ue on 28 July 2021. St•v• Hails, Chalr The accompanying a¢cc¥Jnting pjliaes and notes fomi an integral part of these financial ststements. Company number.. 10338868 1S Mates in Mind Notes to the Financial Statements For the year ended 31 December 2020 PRINCIPAL ACCOUNTING POLICIES Significanljudgements. key asswnplions and estimat•$ The preparation of the financial statements in confcmity vAlh 9eneralty accepted accounting pra¢b'¢e requires the ¢harty trustees lo make esb"mates and assumpl'ons that affect the reported amounts of assets and liabilities al the date of the accounts. and Ihe reported amounts of revenues and expenses during Ihe ￿F)0￿n9 period. Actual results may differ frm) these esbmates. The rharity has taken advantage of the exemplions trom produciThJ a separate cashflow statement and financial instrument disclosures as laid out in section 1.12 of FRS102. asl$ ol wèparation The finan¢ial statements have been prepared.. al Under the hislori¢al cost convention. bl In sterfing, which is the funcb.onal ¢urrency of the charity_ ¢1 In a¢eordance wth FRS102 secb'on 1A small ent￿e5. the stslemenl of recfxnmended practice 'Accounting and Reporting by Charib"es' ISORP 2019} and ap￿ICable company and charitable law in the UK. The charity is a public benefit enlity, a5 defined by FRS 102. The accounting policies adopted by the ¢hartty tnjsteès are described below. ¢1 On ihe going concem basis. COVID-19 has impacted on the short to medium temi future of Mates in Mind. However, the trustees are very supportive of the facl the charity has a¢led qui¢kly to reduce costs, deliver a comprehensive offering virtualty, and operale more effiuently. This has inclL*Jed a restructure of Ihe team, fudoughing employees in non-crilical areas and reducing headcount. TakirrfJ all of this into account and given the charty's likely and pruéent growth ￿aTr, the trustees believe the reduced number of employee5 and demand for the charity's services will be sufficient to deliver rt's charitsble and financial obiecb.ves goiThJ foThArd. Due to COVID the charity has refined its forecasb.ng process and too15 enabling It to budget al a more granular ojetail for 2021- 2023. This addrtional dètsil and regularforecast updates providing the trustees bmth more visibility and confidence in the charity as a going concern. Whilst the chanty is expected lo generate positive ¢ash flows for the foreseeable future, this is contingent upon the British Safety Council continuing to provide support. The trustees have therefore obtained written conffinnation from the 8ribsh Safety Counul of its intention to provrde support to the charity to ena￿e it to continue operating and to meet its lialM"lrties, as and when they fall due. for a peTiod of not less than 12 months from the date of this Trustees. Report and finanual statement5. Fund accounting un￿StrICted fvnds are those which are available for use at ihe discretion of the charity trustee5 in rtherance of the general objecb"ve5 of the charty an(1 vA)ich have not been designated foi other purposes. Deswnated funds are unrestricled fvndswhich are to be used in accordancewth specrfic decisions made by the charity trustees. They are reviewed annually. In addition, the ¢harity trustees designate ftjnds 10 mat¢h the net book value ol tangible and intangible fixed assets. Restricted funds are funds received for a parb'cular purpose the use of which is restricted to temis sb'pulaled by Ihe donor. 16 Mates in Mind Notes lo the Financial Statements {conlw)uedl For the year ended 31 December 2020 PRINCIPAL ACCOUNTING POUCIES (contlnuedl Intangibk assets Inlangible assets are stated at cost less accumulated amortisation. Amortisation 15 calculated. using Ihe straight-line method. to allocate the depreciable amount of the assets to their ￿ sidual values over their esth"mated useful lives, as follow5". Websrte development ¢osts 3-5years Amoth"salion ¢ommen¢es on¢e the asset is brought into u$e. The carrying values of intangible fixed assets are reviewed for irnpaimient when evenls or change5 in GirGvmstances indicate the ¢afrying value may not be recoverable. An impaim*nt loss is recognised immediately in the SOFA. Tangible fixed assets and depreciation Depreciation is provided on all property, ￿ant and eqUi￿ent. at r*es calculated lo write off the co$1. less estimated residual value, of each asset on a systematic basis over its expected usebjl lrte as follows". Computer harifvlare and soft4vare 4-8years Depreciation comrnences once the asset is brought into use. The carying values of tangible fixed assets a￿ reviewed for impaiment when event$ or ¢hanges In ¢ircumstances indicate the ¢arrying value may rK)I be rewverable. An impairment Ioss 15 recognised immediately in the SOFA. Trade debtors Trade debtors are reco9nised at the undiscounted amount of cash re¢eivabk from the ¢ustomer. less any appfopnate provision for eskn"maled irrecoveiable amounts. A provision is established irre¢overable amounts when there is objeclive ewdence that amounts due under the original payment terms will not be collected. C•$h and ¢ash ¢quivalènts Cash and cash equivalents in the balance sheet compiise cash at bank and in hand and short-tem deposits with an original maturity date of Ihree months or less. 17 Mates in Mind Notes lo the Financial Statements Iconlinued) For the year erKled 31 December 2020 PRINCIPAL ACCOUNTING POUCIES (¢ontlnuedl In¢ome Income is recognised to the extent that the charity oblains the right to consideration in exrhange for its performance. Revenue is measured al the tsir value of Ihe wnsideratiM received, exduding discounts. rebates. VAT and other sales taxes or duty. following crrteria musl also be mel belore revenue is recognised. Income from the rendering of services, induding training courses. is recognised by reference lo the stage ol completion. Fees received in advance, relabng to future penods are carried forward In the balance sheet as deferred Income. Subscriptions. receivable on varying date5 Ihroughoul the year. are apportioned a time basis, the proportion receiveil in *fvance beirg carried forward in the balance sheet. Donalions and grants are reco9nised when reC￿ved or vknen the charity 15 enliued to the income and receipt is probable and measurable. Gifts in kn.nd Irepresentsng donabons of servicesl are measured at the fair value of the gift. usualty the cost to Ihe donor. Expenditurv All expenditure is accounted for on an accruals basis and is alkjtted diredy to the a¢ts"vity lo vthich they relale. Support Costs induding governance. management. finance. infom)atTon technology, hurnan resources are allocated to the chariiable activities. Irrecoverable VAT is included in Ihe expense item to whi¢h il relates. Produ¢t develoK¥nent expenditure 1$ written off as incurred. Trad• creditors Trade creditors are recognised at the Und1s￿Unle￿ amount owed lo the suppliLY. Defined contribut•on pension scheme A charity's personal pension 15 avarlable lo $laff wth an employer contribution depending on the employee's age. The cost of providing Ihis beneffit is charged to the SOFA in year. 18 Mates in Mind Notes lo the Financial Statements (continued) For the year ended 31 December 2020 OTHER INCOME I BREAKDOWN OF RESOURCES EXPENDED Other income- CorrtnavArus Job Relentlon scr￿Me {-furtough supporfj Ouring the year the gfoup received government grant incorne suprK*rt underthe CoronaviTU5 Job Retenton Scheme I"fudough 5upporfI in conln'bution tts staff costs. This grant income Is presented a$ Other inGome rn the Statement of Financial Acth"wb"es ar￿ amounted to £￿.090 {2019". nil). 2020 Activlties uThJertAken dlrty¢iiy Support c¢)* Total Resources eyFeTrJed- ¢haritat4e xlrlit 543.761 41.197 2019 Acbwties undertaken dbmctly Support co Total Resourtes exF¢n(*tt- Chwitat* acli¥t*s 538.fth) 67,803 606,403 ¢osl alhx8fths 2020 Support 2019 Support co*- Charltsble activities Charitsble ctivilies man￿J￿EnI ard ¥dmirri5trat Human ￿SOurceS kifolmalion Techr 36.212 4.5 485 57.413 .920 1.470 Totsi 41.197 67.￿3 TOr*eX￿￿￿1u￿ is 51kn1 aft8ruKluthw the ftllowThJ" 2020 2019 Staff costs (note 31 Audiio¢s remuneratioTh- •JdrtirvJ a¢¢￿ts AuditoR5 rEmUreral￿. lay cLry*aKe S￿iCe$ 493.815 6.3SO 435.548 6.300 2,716 19 Mates in Mind Notes lo the Financial Stslemenls (continued) For the year en¢Jed 31 t)ecember 2020 STAFF COSTS Staff costs during the year were as follows." 2020 2019 Wage5 arKI 5alarEs Social secwty costs EWe￿e for ¢Jefired c0ntrbutK￿ perBtr￿ 5d*r￿S RedwvJar¢y Costs 409.087 47.57Q 25,617 11.541 379.853 39.346 16.349 493.815 435,548 The average number of persons em￿oyed by Ihe group during the year *4$ 1012019.. 9). The number of employees who received employee benefits (excluding employer pension costs) of more than £60,000 during the year wa5 a5 follows. 2020 p￿rnber 2019 Number £60,001 . £70,OC £70,001 . £80,0 £80.001 . t￿).0￿) Two key management personnel {2019.' were members ofthe defined contribution pensic scheme. Contributions amounts.ng to £8.96912019". £9.6301 were paid on their behaw. During the year, as part of the redundancy programme. an ex-gratia payment of £5,273 was made lo Joscelyne Shaw, a former member of key managerrent personnel. re￿ni￿n9 the ¢onlribution during the formab.on and subsequent activib.es of the charity. Mates in Mind Noles lo the Financial Slalemenls Icontinuedl For the year ended 31 December 2020 INTANGIBLE ASSETS 2020 W*b5ite development 2019 Webslte development Al 1 January Adllitions Oisp05315 58.419 At 31 December 58.419 Amoth*ti¢)n At 1 January Premdpd in year "sposals At 31 Docomber N¢t boc* valuÈ 4¢ 31 Do¢¢mb•r Net book value at 1 January 58.419 FIXED ASSETS 2020 Computer equiwenl 2019 Compuler equipment Co¥t Al l January AddilM)n5 Disposals 9.498 5.800 At 31 December 9.498 9.498 D8pr¢ciatson Al 1 January Pro%ided In yeor Disposals 11.6281 12.3741 14621 11,1661 Al 31 December 4.tQ2 11.6281 Net book valu8 at 31 D•c•mb*r N*1 book ¥alu• ot 1 January 5,4 7.870 7.870 3.236 21 Mates in Mind Noles to the Financial Staternents {conlinuedl . For the year ended 31 December 2020 DEBTORS 2020 2019 Trade debtors Otl*r debtors OLE from parerA uTrJertakirg Prepaymerts ard accrwl irtome 4S.305 4.827 69.831 108.055 397 50,529 180,754 CREDITORS.. AMOUNTS FALUNG DUE W￿H1N ONE YEAR 2020 2019 Trale tred*i)rs Ot￿r credrtors Taxation arxl social security Accrua DLE lo parent uTrJertakirwJ CEferred Irole 81 6,619 18,962 10.845 14.624 95.06S 225.474 17.408 7.144 22,785 22.500 198,058 371.589 267,893 DEFERRED INCOME 2020 2019 Deferred Income as ai 1 January Deferred Ir£ory4￿ resowces Release of deferred 198,056 283,432 1256,0141 157.967 41.718 11.6291 Delerred Income as ai 31 Decemb8r 225.474 198,056 Income is recognised ￿ accordan¢e wrth the ar£ovnb"ng rA)lioeg, wilh a deferral made for incorne which has been invoiced befo￿ rts recognib.on cnteria are mel. Income received in advance, relating to fijture periods. is carried forward in the balan¢e sheet as deferred income. Mates in Mind Notes to the Financial Ststements Icontinued) For the year ended 31 December 2020 SUMPJIARY OF MOVEMENTS IN (DEFICIT) I FUNDS Movements in thjnds during the year ended 31 December 2020 were as follows-. Atjl At 1 JJnuary 20ZQ Irrtoth• ERp•TrJiiiire Trnnsfer5 2020 Lknwarfcied lund5 1252] 578. {578.459) 156.04S} 56.045 1107,79SI 63,915 143,8BOI OeS￿n3￿￿ I￿￿8 1578.4581 Restrlcted Nortl*ffl C¢￿tieS Saudy Gr 10.QUQ ¥¢0 IC500 (6.50DI 6.5091 15.{￿ Tctsi Id•fi¢lt) I lunds 14J821 593.9$0 1584,9581 25.380} Movements in funds during the year endtd 31 Decern￿r 2019 were as folows". At31 DÈcember 2019 At l J•nu•ry Tranthr5 Unre*ricted fi&nds IM6981 3.2 1S1,4621 1583.702} 14,6341 4.634 15Z,2511 7.87• 4,382 cwgnated <￿,701 R**icled B￿P A￿￿15 CnB NI (2.7011 22.701 31701 10,ots) Total Ideficlt}l $90,782 16Q6,403Tr 1343821 Und￿I9nated funds l Designated fun(ts The board's policy is to designate funds to match the value of the chality's tangible and intangible fixed assets and for essential future spending. The transfers from undesignated to designated funds is to reflect the nel book valve of the tangl￿e and intaroible fjxed assets at the year end. The deficit on undesignated hJnds arises trom expenditure5 in the establishmenl and trading of the chanty. The Trustees aim to increase primary purpose trading actiwb.es and w any surpluses 9enerated to build modest reserves. R•stricted funds Tideway fur￿$ represent fvnds frjr use on projects related to pmviding training and support to vulnerable workers1501e traderslmicro businesses}, in the construction industry. Northem Counts"es So¢iety Group represents funds lo be spent on aCIN￿'e$ in the North East. BC&e Awards re￿*￿Sents fuThYs lo be spenl on mental health training for apprentices. CITB Nl represents grant funded projects to undertake training in Northern Ireland. 23 Mates in Mind Notes to the Financial Ststements Icontinuedl For the year ended 31 December 2020 10. ANALYSIS OF NET IuA8IL￿lEsTr IASSETS BETWEEN IDEFICITI I FUNDS Fund balances at 31 December 2020 are represente(1 by.. u￿rta￿a R•sM¢t•d Total luThJs fvnds Funds fixed assets TaryifAe fixed assets C￿tert Asseis Cuirert $1.41> S.49S SB,419 5,496 282,294 (371.$591 26J.791 (371 5891 18,5 Total i￿NdS 107.7>S 2&380 Fund balances at 31 December 2019 are represented by.. D•*yn¥*d futhds Totsi Mnds fun TaTritle fixed os5els Cw1￿ As5e15 Curwl 14it¥lilie5 7.8n) 7.870 5.641 1267.8931 215.641 1267 1931 10.f Totsi fvnds {52.252) 7,870 10,OOD P4,3BZI 11. CAPITAL COMMITMENTS At the year-end, the charity had entered into ca￿131 eommilmenls ￿oUn￿ng to £175.00012019'. nil}- 12. PROVISIONS FOR LIABIUTIES. CONTINGENT ASSETS AND LIABIUTIES At 31 December 2020 and 31 December 2019, the thanty had no provision5 for liabilities, contingent assets or conts"ngent liabilities. 13. POST EMPLOYMENT BENEFrrs D•fin•d contribution $ch•m• The charity operates a defined contribution group personal pen%on scheme. All eligible employees are automatically enrdled into the scheme in accordance wih current le9islatron. The amounl re¢tsgrnisèd in thè SOFA ag an expense fr*r the defined contr￿u￿ s¢heme is di5dosed al note 3. 14. LEASING COMMITMENTS Al 31 December 2020 arKf 31 December 2019, the had commitmen15 under nonwcancellable operating leases. 24 Mates in Mind Notes to the Financial Slalemenls Iconlinued) For the year ended 31 De￿ber 2020 IS. TRANSACTIONS WITH TRUSTEES AND OTHER RELATED PARTIES Trnstees The trustees incurre(I travel. accommodats"on. sub5islence and venue costs during the year In fulfilling their duties. Whilst Ihese cos15 may be either reimtMJrsed to the charity trustees or paid directly to third parties, no such reimbufsements or payrnenls were made during the year or prior year. Indemnty In5uianGe is provided for the chanty trustees as part of the Pa￿nI entity's policy. That part of thè premium paid during the year and pn.ty year in respect of the charity trustee$ Cannot be separately identified. Key manag¢m¢nt p•rsonnel The charity tiustees received no remurTreralioD for Iheff Se￿[Ce5 to the Charity d￿ng the year or prior year. Al senior employees who have authority and responsibility for planning. dirttb.ng and controlling the activib'es of Ihe eharily are key management personnd. The names of Ihose individuals who served as key management pèrsonnel during the year are set out on the last page of this document. Total benefrts {including social security costs) in respect of key thanagemenl personnel during the year vrds £167,557 12019" £155.2481. Intra.group tran$actions During the year the 8ritish Safety Council charged the t*arity fees in the amount of £29,862 {2019.' £38.6001 in respect of management seNces provided by the Brib"sh Safety Council lo the Charity. In additson, the British Safety Council provided grarts to the charity in the amount of £97,452 12019.. £99.5861 to assist with its administratron costs. At the end of the year. the nel balance due to the Bribsh Safety Coun¢il was £95.065 {2019'. £108,055 due from the British Safety Council). Other related party transactions During the year. the charity recorded income from sales made lo organisalion5 where Gertain tTUStees undertake their employment dLJties. These transactions were undertaken on nomial commercial terms and aM￿jnted to £21,600 in aggregate {2019.. £18.3931. In¢¢me per related party can be analysed as foll¢)ws." Balfour Beaty Ple £7.34212019' £18.393). Bazal9ette Tunnel Ltd Iva Tidewayl £13,66312019.' nil) and Seddon Construction Ltd £59512019". nil). Parent and ultrmate ¢ontrolling paty The charity is a subsidiary of Brib"sh Safety Counal. a charity regislered in England and Wale5 INumber 1097271}, and Scolland (Number SC0379981. and a company registered in England and Wales (Number 046187131. The pa￿nt company's strategy is to generate a surplus on revenue generating activities to fvnd the Influencing the heatth, Safety and wellbeing agenda. The parent company's Gon501idaled arxoun15 are publidy available from its regi$tered office at 70 Chancellors Road. Hammersmith, L¢)ndon W6 9RS. Mates in Mind Referer￿e and Administrative Details For the year ended 31 December 2020 Company number.. Charity numbers.. 10338868 1172460 in England and Wales SC047778 in Scolland Principal registeTe