Company registration number.. 07264252
Charity registration number.. 1173515
MINDAPPLES
{A COMPANY UMrrED BY GUARANTEE)
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 PW¢CH 2024
mind•pples
lov• your mtrKI

MINDAPPLES
CONTENTS
Reference and Administrative Detsils
Trustees, Report
2to5
Independent Examinels Report
6t07
Statement of Financial ActNities
8109
Balan￿ Sheet
10
Notes to the Financial Statements
11 to17

MINDAPPLES
REFERENCE AND ADMINISTRATIVE DETAILS
Trustses
A W R Gibson
R K Armes
A Spreadbury
C L Clark
K Banc8
Registered Office
86-90 Paul Street, Hoxton
London
EC2A 4NE
Company Reglstration Number 07264252
Charty Registration Number
1173515
Bankers
Royal Bank of Scotland
London Drummonds Branch
49 Charing Cross
London
SW1A 2DX
Independent Examlner
N Smith
Rolherham Taylor Limited
21 Navigation Business Village
Nawgation Way
Ashton-on-Ribble
Preston
PR2 2YP
Page 1

MINDAPPLES
TRUSTEES. REPORT
The twstees hav8 pleasure in presenting their report and the unaudited financial statements of the
charitable company for the year ended 31 March 2024.
The financial statement5 have been prepared on an accruals basis in accordance with the accounting
policies set out in the notes to the financial statements and comply with the charitls constitution.
chariti.es Act 2011 and Accounting and Reporting by Charities:Statement of Recommended Practice
applicable to charities preparing their financial statements in accordance wrth the Financial ReportirvJ
Standard applicable in the UK and Republic of Ireland published on 16 July 2014. The financial
statements have been examined by an Independent Examiner.
Structure, Governance and management
MirKlapples is Limited by guarantee and its governing document is its updated Memorandum and
Articles of Association dated 21 June 2017.
The charitable company is a Registered Charity. number 1173515. The charitable company 1$
incorporated in England and Wales No. 07264252.
The members of the trustee board hold no shares in the charitsble company, but each member Is a
guarantor to an amount not exceeding £1, in the event of the winding up of the charitable company.
Risk Review
The board of trustees has examined the major strategic. business and operational risks which the
charitable company f8ces and Confirms that systems have been estsblished to enable regular reports
to be produced so that the necessary steps can be taken to lessen these risks.
Public Benefit Statement
The trustees are aware of the Charity Commission guidance on public benefit and take it into account
when making decisions about the activities and finances of the charity.
Objectlves and Activities
The objectives of Mindapples include the promotion and protection of good mentsl health worldwide in
particular bLrt not exclusively by campaigns, research, training and other services aimed at increasing
the mental health of all people and encouraging greater understanding of and consideration for their
mental health.
The charity's major activity for this period has been the provision of toolkits and campaign materials to
charities and community groups, and training people to use these tools and materials to promote good
mental health. The primary focus has been on schools, universities and young people. but Se￿iceS
are provtded to all charitable and voluntary organisattons.
Mindapples does not make grants or provide social investment.
I trustees are voluntsry and contribute their time for four meetings per year, plus an annual half-day
'away daW, as well as time in be￿een meetings to facilitate the developm8nt of new partnerships for
th8 charity.
Page 2

MINDAPPLES
TRUSTEES, REPORT
Trustee Recruitment and Appointment
Trustees are appointed based on expertise and experience in one or more of the following areas:
mental health awareness, psychology, fundraising and partnerships, public mental health promotion,
financial and business administration, and training and education skills.
Under the Articles of Associalion. decisions on appointrnents must be made by the board.
Trustee Induction and Tralnlng
New trust&s are provided with the Charity Commission Welcome Pack, the Articles of Association
and the Board Terms of Reference, and access to a￿h1Ved documents showing the history of the
charty and significant projects and evaluation data. They also complete a Declaration of Interests
Fom and a Statement of Expertise.
Trustees are actively encouraged to attend board meetings to ensure that they are always up to date
with the latest activities of the charitable company.
The charity is wn by the board of trustees and engages one person part-time on a freelance basis for
office administration.
Project managers and trainers are engaged on a freelance basis for specific projects or tralnlng
workshops. During the year under review the charity engaged knvo contractors on a part-time basis to
support the evolution of the school's pri48Ct.
Mindapples holds a 33% stake in Mindapples Trading Ltd (Company No. 10085985). A member of the
Mindapples Board sits on the board of Mindapples Trading Ltd to represent the charitys interests.
Achievements and Perfomiance
During the 2023-24 financial year, Mindapples. main achievements hav8 been as follows:
Delivered ongoing training and resources to th8 89 schools our 'Mindapples for schools.
programme, Continuing to support over 18,000 pupils and their communities
Built our universty progrdmme, developing a competency framework for mentsl health in
Universtties in partnership with our 9 partner universities and Further Education colleges. Provided
training of both students and staff and physical and digital resources.
In December 2023, we participated in a public fund-raising campaign. The Big Give Christrnas
challenge, raising £12,000. to enable us to continue to deliver our "Mindapples for schools.
programme over the course of 2024.
Provision of wellbeing champions training to other charities and individual volunteers to encourage
and support them to promote mental health and wellbeing in their communities.
Continued to run a series of public webinars throughout the year, which leveraged our new abilty to
deliver talks online to reach a large public audience.
Provision of Mindapples cards and promotional toolkits to partner organisations and volunteer8 to
support their mental health and wellbeing promotion adivities, particularly universities, schools, youth
mental health projects and h881thcare trusts.
Page 3

mIND￿pPLEs
TRUSTEES. REPORT
Hire of the Mindapples Tree and distribution of printed learning materials to encourage
conversations about how people look after their minds, by local authorities, universiti88. charities and
companies promoting workplace wellbeing.
These activities have provided an environment for enwuraging people to learn about how their minds
work and what tools and techniques they could use to actively protect and promote their mental
health.
Our focus continues to be on young people at transition points in their lives, particulaty exam time,
leaving school and leaving university, to equip them to understand and talk about mental health and
mental functioning in a posrf(ive way, free from stigma.
Flnanclal Revlew
The Charlty is in a sustainable financial position. Total reserves increased in the year to £58,321
(2023- £40,891). There were three significant income streams in the year; public fundraising in
partnership with "The Big Give Christmas Challenge. raised £14,184 for our 'Mindapples for Sehools"
programme, a donation from Mindapples Trading Ltd of £27,000. and income from charitable
activities, predominantly sales of training and r8sourc8S to universities raised £19,284. Having
invested in our programmes for young people over the previous years, we have created a solid and
sustainable model, with the universities project approaching a self-sustaining financial position, and
the schools project funded from ch8ritable fund raising.
The board will continue to focus on the partnership strategy to boost the charitys income further,
focussing primarily on young people in schools, universities and the wider communty attached to
these.
Mindapples Trading Ltd was profitable in the year ended 31 March 2024, which allowed it to make a
generous donation of £27,000 to the core funds of the charity, to further diversfy the charitys income
stream.
staffing has fluctuated over the course of the year, responding to opportunities and workload. Our
flexible staffing model means that the charity has only one pemanent part time staff memb8r. which
ensures low fixed costs, but we have devebped a community of trained and committed trainers and
consuttants which we can deploy as and when required. The Board is sufficient at the current time to
provide both volunteer tim8 and the capacty to develop partnerships lurther, although we continue to
Icok for opportunities to add new board members with relevant experience and skills.
Page 4

MINDAPPLES
TRUSTEES, REPORT
Reserves pollcy and going concern
The trustees have adopted a policy of maintaining SLrfficient cash reserves to cover ongoing
overheads for the foreseeable future.
The trustees have prepared a budget and have concluded that the charity continues to be a going
con￿rn for the foreseeable future. On that basis they have continued to adopt the going concern
basis when preparing the financbal statements.
Funds held as custodian trustee on behalf of others
Reappolntm•nt of audltor
A resolLrtion to re-appoint N Smith FCCA as independent examiner for ensuing year will be proposed
at the annual general meeting.
81GNED SECURELY
16112/2024
IW1212024at 2'.27:OD pu urc
and signed on its
The annual report was approved by the trustees of the charity on
behalf by:
SIGN￿1$EcURELy
1W1212024at2.'27.'OIJ PM UTC
C L Clark
Trustee
Page 5

MINDAPPLES
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF MINDAPPLES ('THE COMPANY.)
I report to the trustees on my examination of the financial statements of Mindapples ('the charitable
company,) for the year ended 31 March 2024 which Comprise the Statement of Financial Activities,
the Balance Sheet and related notes.
This report is made solely to the charitys trustees, as a b¢xly, in a¢cordanc8 wilh section 145 of the
Charities Act 2011. My work has been undertaken so that I might stste to the charity's trustees those
matters l am required to state to them in this report and for no other purpose. To the fullest extent
pemiitted by law, I do not accept or assume responsibilty to anyone other than the charity and the
charitys trustees as a body, for my work, for this report, or for the opinions I have fonned.
Responslbilities and basis of report
As the trustees of th8 charitable company you are resp¢)nsible for the preparation of the financial
statements in accordance with the requirements of the Companies Act 2008 {'the 2006 ACV).
Having satisfied myself that the financial statements of the charitable company are not required to be
audited under Part 16 of the Act and are eligible for independent examination, I report in respect of my
examination of the charitable companYs financial statements Ca￿led out under section 145 of the
Charities Act 2011 ('the 2011 Act.) and in carrying out my examination I have followed all the
applicabk directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
An independent examination does not involve gathering all the evidence that would be required in an
audit and consequently does not cover all the matters that an auditor considers in giving their opinion
on the financial statements. The planning and conduct of an audit goes beyond the Ilmrted assurance
that an independent examination can provide. Consequently l express no opinion as to whether the
financial statements present a 'true and fairf view and my Teport is limited to those specific matters set
out in the independent examinerfs statement.
Independent examiner's statement
I have completed my examination. I confirm that no matters have come to my attention in connection
with the examination giving me cause to b81ieve that in any material respect..
1. accounting records were not kept in respect of the charitable company as r8quiied by section
386 of the 2008 Act,. or
2. the financial statements do not accord with those records: or
3. the financial statements do not comply with the accounting requirements of section 396 of the
2006 Act other than any requirement that the accounts give a 'true and fair vievl which is not a
matter considered as part of an independent examination,. or
4. the financial statements have not be8n prepared in accordance with the methods arKI principles
of the Statement of Recommended Practits for accounting and reporting by charities applr2ble
to charities preparing their accounts in accordance with the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102).
Page 6

MINDAPPLES
INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF MIND￿￿PLEs I'THE COMPANY.)
I have no concems 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 ststements to be reach&J.
N Smith FCCA
Independent Examiner
Rotherham Taylor Limited
21 Navigation Busine8s Village
Navigation Way
Ashton-on-Ribble
Preston
PR2 2YP
Date..
Page 7

MINDAPPLES
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024
(INCLUDING INCOME AND EXPENDITURE ACCOUNT)
Unréstricted
funds
Total
2024
Nots
Income and Endowmonts from:
Donations and legacies
Charitable activities
Investment income
48,113
19,284
175
48.113
19,284
175
Total income
67,572
67,572
Expenditure on:
Charitable activities
Support costs
Total expenditure
Net income
(35,057)
15,085
(35.057)
15.085)
50.142
50,142
17,430
17,430
Net movement in funds
17.430
17,430
Reconciliation of funds
Total funds brought forlvard
Total funds carried forward
40,891
40,891
58,321
13
58,321
The notes on pages 11 to 17 form an intgJral part of these financial statements.
Page 8

MINDAPPLES
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024
(INCLUDING INCOPIIE AND EXPENDITURE ACCOUNT)
Unrestricted
funds
Total
2023
Note
Income and endowments from:
Donations and legacies
Charitable activities
Investment income
50.424
18.945
97
50.424
18.945
97
Total income
69,466
69,466
Expenditure on:
Charitable activities
Support costs
Total expenditure
Net expenditure
Net movement in funds
(68,823)
17,353)
(88,823)
17,353)
86,176
(86,176)
(16.710
(16,710>
{16,710)
(16,710)
Reconciliation of funds
Total funds brought for¥vard
Total funds carried ft)rward
57.601
57,601
13
40,891
40,891
The Statement of Financial Activities includes all gains and losses in the year.
All income and expendttures derive from continuing activities.
The funds breakdown for 2023 is shown in note 13.
The notes on pages 11 to 17 form an integral part of these financial ststements.
Page 9

MINDAPPLES
{REGISTRATION NUMBER: 07264252)
BALANCE SHEET AS AT 31 MARCH 2024
2024
2023
Nots
Fixed assets
Tangible assets
Current assets
Stocks
Debtors
Cash at bank and in hand
77
150
11.633
5.345
48,403
65.381
10.347
361
33.750
44,458
Creditors: Amounts falling due within one year
10
(7.137)
(3,71n
Net current assets
58,244
58,321
40,741
Net assets
40,891
Funds of the charity:
Unrestrlcted Income funds
Unrestricted funds
58,321
40,891
Total funds
13
58,321
40,891
For the financial year ending 31 March 2024 the charty was entided to exemption from audit under
section 477 of the Companies Act 2008 relating to srnall companies.
Directors. responsibilities..
The members have not required the chaiity to obtsin an audit of ts accounts for the year in
question in accordance with section 476. and
The directors acknowledge their responsibilities ft>r complying the requirements of the Ad ￿ryth
respect to accounting records and the preparation of accounts.
SIGNED SECURELY
18/ I¥A4Egncia￿I tatsments on P￿eS 8 to 17 were approved by the trustees, and authorised for issue on
IB11Z12024at2J7..W PM
. and signed on their behalf by.
51GNED8ECLNIELY
18M2RW24 &t2.'27:otI PM irrc
C L Clark
Trustee
The notes on pages 11 to 17 fomi an integral part of these financial statements.
Page 10

MINDAPPLES
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
1 CHARITY STATUS
The charity is limited by guarantee, incorporated in England and Wales, and consequently does not
have share capital. Each of the trustees is liable to contribute an amount not exceeding £1 towards
the assets of the charity in the event of liquidation.
2 ACCOUNTING POLICIES
Statement of compliance
The financial statements have been prepared in a¢¢ordance with Accounting and Reporting by
Charities= Statement of Recommended Practice (applicable to charities preparing their accounts in
accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS
102)) (issued in October 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard
applicable in the UK and Republic of Ireland (FRS 102) and the Companies AGt 2006.
Basls of proparatlon
Mindapples meets the definition of public benefrt ontty under FRS 102.
Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise
stated in the relevant accounting policy note{s>.
Golng concern
The trustees are of a view that the charitable company has sufficient resources for at least the next 12
months (from the date of approving the financial statements) and that there a￿ no material
uncertainties regarding going concern. As a result, the charitable companls financial statements
have been prepared on a going concern basis.
Income and endowments
These are included in the Statement of Financial Activities vthen..
. the charity becomes entitled to the resources.
it is more likely than not that the trustees will re￿1ve the resources; and
. the monetary value can be measure with sufficient reliability.
Cash donations are recognised as income ￿ere there is entiuemenc sufficient certainty of re￿ipt
and the amount can be measured with sufficient reliabilty.
If a donation, grant or contract is subject to conditions that require a level of perfonnance before the
charity is entitled to the funds, the income is deferred and not recognised until either those conditions
are fully met, or the fulfillment of those conditions is wholly within the control of the charity and it is
probable that those conditions will be fulfilled in the reporting period.
Page 11

MINDAPPLES
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
Donations and legacies
Grants and donations are only included in the Stst8m8nt of Financi81 Activity when the general
income recognition criteria are met. In the case of perfomiance related grants, income must onSy be
recognised to the extent that the charity has provided the specified goods or services as entitlement to
the grant only occurs when the performance related conditions are m8t.
Donated sen4ices and facilities a￿ included in the Statement of Financial Activities when received. at
the value of the gift to th8 charity, provided the value of the gift can be measured reliabty.
In accordance with the Charities SORP {FRS 102). the time of volunteers is not recogni8ed in the
financial statement, but the trustees, annual report provides infonnation about their contribution.
Investment income
Investment income Is recognised in the financial ststement when the receipt is probable arKI the
amount weivable can be measured reliabty.
Governance and Support costs
Support costs are incurred by functions that assist the worf( of the charity but do not diredly undertake
charitable activities.
General support costs include rent, travel and subsistence, office adminlstration, finance and IT.
Governance costs comprise of expenses involving the public accountability of the charity and its
compliance with regulation and good practice, and comprise the cost of the independent examination.
The bases on which support costs have been allocated are set out in the notes to the financial
statements.
Llablllty recognltion
Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation
committing the charity to pay out resources and the amount of the obligation Can be measured with
reasonable certainty.
Financial Instruments
The Charity only has financial assets and financial liabilities of a kind that qualify as basic financial
instwments. Basic financial instruments are initialty recognised at transaction value and subsequently
measured at amortised cost using the effective interest rate method.
Taxatlon
The charity is exempt from tax on income and gains failing within section 505 of the Taxes Act 1988
or section 252 of the taxation of Chargeable Gains Act 1992 to the extent that these are applied to its
charitable objects.
Depreciation and amortlsatlon
Depreciation is provided on tangible fixed assets so as to write off the cost or valuation. 1888 any
estimated residual value, over their expected useful economic life as follows..
Asset class
Offic8 equipment
Depreclatlon method and rate
330/0 Straight line
Page 12

MINDAPPLES
NOTES TO THE FINANCIAL STATEMEKfs FOR THE YEAR ENDED 31 MARCH 2024
Stock
Stocks are stated at the lower of cost and estirnated selling price less costs to complete and sell.
At the reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount
ts reduced to its selling price less costs to complete and sell" the impainnent loss is recognised
immediately in profit or loss.
Trade debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount
offered. Prepayments are valued al the amount prepaid net of any trade or charity discounts due.
Cash and cash equlvalents
Cash at bank and cash in hand includes cash and short term highly liquld investments with a short
maturity value of three months or less from the date of acquisition or opening of the deposit or similar
account.
Trade creditors
Creditors and provisions are recognised where the chaiity has a present obligation resulting from a
past event that will probably result in the transfer of funds to a third party and the amount due to settle
the obligation can be measured or estimated reliably. Creditors and provisions are nonnally
recognised at their settlement amount after allowing for any trade discounts.
3 DONATIONS AND LEGACIES
Unrestrlctod
funds
General
Total
funds
t)onations and legacies.
Mindapples Trading Limf(ed
The Big Give Christmas Challenge
Gift Ald
27,333
14,184
6.596
27,333
14,184
6,596
48,113
Totsl for 2024
48,113
Total for 2023
50,424
50,424
Page 13

MINDAPPLES
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
4 ANALYSIS OF EXPENDITURE ON CHARITABLE ACTIVITIES
Unrestrlctsd
funds
General
Total
funds
Materials and direct costs
Subcontractor costs
Admin services CA
Wages and salaries
Staff pensions (Defined contribution) - pensh?n scheme 1
staff ¢osts
Travel and subslstence
Governance costs
3,188
5,540
12,304
12,000
173
331
1,447
74
3,188
5,540
12,304
12.000
173
331
1.447
74
Total for 2024
35,057
35.057
Total for 2023
68,823
68.823
5 ANALYSIS OF SUPPORT COSTS
Unrestrlcted
funds
General
Total
funds
Rent and office costs
nsurance
Independent examination fees
Admin seNices
Telephone
Websf(e Costs and computer software
Sundry expenses
Legal and professtonal
Accountancy fees
Bank charges
4,225
443
1,470
3,076
141
4,034
223
85
1.216
172
4,225
443
1,470
3,076
141
4,034
223
85
1,216
172
Total for 2024
15,085
15,085
Total for 2023
17,353
17,353
Page 14

MINDAPPLES
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
The charty allocates costs directly to charitable activities as far a5 possible, and then apportions the
remaining costs between general support and the governance function based on the nature of
expense.
6 STAFF COSTS
The aggregate payroll costs were a8 follows:
2024
2023
Staff costs during the year were:
Wages and salaries
Pension costs
staff costs
12,000
173
331
23,385
355
317
12,504
24,057
The monthly average number of persons (including senior management I leadership team} employed
by the charity during the year expressed as full time equivalents was as follows:
2024
2023
Average number of employees
No employee received emoluments of more than £60,000 during the year
7 TANGIBLE FIXED ASSErs
Office
equipment
Total
Cost
At 1 April 2023
224
224
At 31 March 2024
224
224
Depreciation
At 1 April 2023
Charge for the year
At 31 March 2024
74
73
74
73
147
147
Net book value
At 31 March 2024
77
77
At 31 March 2023
150
150
Page 15

MINDAPPLES
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
STOCK
2024
2023
Stocks
11,633
10.347
9 DEBTORS
2024
2023
Trade debtors
Pr8paym8nt5
other debtors
4,770
328
247
115
246
5.345
361
10 CREDITORS: AMOUNTS FALUNG DUE WITHIN ONE YEAR
2024
2023
Trade creditors
other creditors
Accruals
1,740
3,997
1,400
60
2,257
1,400
3,717
7,137
11 PENSION AND OTHER SCHEMES
Deflned contrlbution pension scheme
The charity operates a defined contribution penshjn scheme. The pension cost charge for the year
represents contributlons payable by the charity to the scheme and amounted to £173 (2023 - £355)
12 COMMITMENTS
Capltal commltments
The trustees have confimied that at the year end there were no contingent liabilities or off balan
sheet commitments requiring disclosure.
Page 16

MINDAPPLES
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
13 FUNDS
Balance at 1
April 2023
Incoming
resources
Resources
expended
Balance at 31
March 2024
Unrestrlcted funds
General
40.891
67.572
{50,142)
58,321
Balane• at 1
April 2022
Incoming
resources
Resources
expended
Balanc• at 31
March 2023
Unrestricted funds
General
57,601
69.466
(86.176
40,891
Page 17