SwinJon 2nJ GIoucts+ershire for better [rn1 heulth Swindon & Gloucestershire Mind TRUSTEES ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025 istered Chari No."1174786 istered Com an No: 10573231
Swindon & Gloucestershire Mind FINANCIAL STATEMENTS AND A REPORT FOR THE YEAR ENDED 31ST JANUARY 2025 CONTENTS PAGE Contents Reference and Administrative Details Trust$ report statement of Trust Responsibilities 10 Independent Auditors Report 11-13 Statement of Financial Activities 14 Balance Sheet 15 Statement of Cash Flow 16 Notes to the Financial Statements 17to28
Swindon & Gloucestershire Mind REFERENCE AND ADMINISTRATIVE DETAILS Chief Executive Officer- Hazel Howe Company Secrètsry- Hazel Howe Trustees- Chair, Ben Hodgson Joanna Denney Amy Alexander Registered Office - Sanford House Sanford Street Swndon Wiltshire SN11HE Company Registration Number-10573231 Charity Registration Number- 1174786 Auditor- T B Bollen Bsc FCA ATII 89 Groundwell Rd Swindon SN12NA Federated with- National Mind, 2 Redman Pla London E20'1JQ Solicitors- Royds Withy King 3 Newbridge Square, Swndon, SN11BY Bank. Santander UK plc, Boolle, Merseyside, L30 4GB Lloyds Bank PLC 25 Gresham Street, London, EC2V 7HN
Swindon & Gloucestershire Mind TRUSTEES REPORT The Trustees, who are also Directors of Ihe charity for the purposes of the company law, present their Annual Report and Financial Statements and auditors rewrt of the charitable company for the year ended 31 January 2025. Which are also prepared to meet the requirements for a directorfs report and accounts for Companies Act purposes. The financial statements comply th the Charities Act 2011, the Companies Act 2006, the Memorandum and Articles of Association and the accounting and reporting by Charities.. Slalement of Recommended Practice applicable to charities preparing their accounls in accordance wlh the Financial Rep)rting Standard applicable in the UK and Republic of Ireland IFRS102) 1. Objectives and Activitie$ Swndon & GIoUstershIre Mind's Memorandum of Association sets out the organisational principle purposes, which are for the public benefit and are compatible with the requirenEnts of the Charities Act 2006. Swindon & Gloucestershire Mind is affiliated to National Mind and supports, alongside the organisations local vision, National Minds vision.. 'We won't give up until everyone experiencing a mental heatth problem gels both support and respect,. Shaping our objeclives for the year, Trustees have considered the Charity Commissions guidance on public benefit, including the guidance 'public benefit.. running a charity IPB21'. Trustees confimi that they have complied wth the requirements of section17 of the Charities Act 2011 lo have due regard to the public benefit guidan published by the Charity Commission for England and Wales. Specific aims are to.. To promote preservation of g(x)d mental health in particular by enabling and empowering everyone experiencing mental health problems to live, manage and cover. To support the needs of people with mental ill health by working lo increase undersianding of mental health by gathering and disserninating information and working to raise awareness to promote understanding and challenging stigma and discrimination. Our Mind Quality Mark ensures our membership of the Mind Federation and quality of our services and organisation We set our own Vison, Mission and Values based on our local footprint. Ourvision We will not give up until everyone experiencing a mental health problem gels both support and resFECt. Swindon and Gloucestershire Mind creates services where people are recognised, valued, and support&l. Our Mission Swindon and Gloucestershire Mind provide advice and support to empower anyone in our Iwal community experiencing a mental heatth problem. We campaign to improve seNices, raise awareness and promote understanding. Ourvalues Selflessness- We will act in the best interests of the Feople we support. Integrity- We will be principled in our work. Accountability- We will take responsibility for what we do and how we do it. Openness- We wll work and take decisions in an open and transparent manner. Honesty- We will be truthful and reliable. Leadership- We wll model Swindon & Gloucestershire Mind values and lead by example in demonstraling behaviours.
Swindon & Gloucestershire Mind TRUSTEES REPORT Activities Community Mental Health and Wellbeing service, ndOn. This Servi provides self-referral day support throughout the year for16+ via the following specialist services Community sessions based on the 5 Ways to Wellbeing that offers a variety of groups that are supp)rted by a mix Mind staff and volunteers. The groups include, Walking, Job Club, Young Minds, Yoga, Games aftemcKJn, Support and Connect and recrafting. Evening Wellbeing support sessions, providing 121 support for people outside of daytime I business hours in a safe, therapeutic space. 121 wellbeing support sessions, in F[SOn or phone sessions with a dedicated support worker offered Monday- Friday for up to one hour per session. Self-Harniony- A specialist fa to fa counselling service for self-harm and self- injury, Self-Harmony has bn designed 'in house, to meet this specific counselling STEPS programme, Working wth Avon and Wiltshire NHS Trust to provide a support for people being discharged from adult and child community mental health teams. Swindon Mindful Employer Network-'SMEN'. This project supports employers with annual events and online engagement to support their workforce and raise awareness of mental health in the workplace. Young Persons Service- Provides 121 wellbeing support and teer support groups. This service works with CAMHS and Primary Care and supp)rt discharge transitions Rough Sleeper Service- Providing specialist outreach supp)rt, 121 support and drop ins within the Swindon community. Training Services, Swindon and Gloucestershire: We provide a variety of Workplace, Primary, Secondary and Higher Education and Community training services that include, Mental Health First Aid, ASSIST, Self-Harm & Seir Injury one day programme 2nd a range of bespoke workshops. We offer these both virtually and in person. Wellbeing House, Gloucestershire . A wellbeing house in Gloucestershire is a partnership project between Swindon & Gloucestershire Mind and Gloucestershire Health & Care NHS Foundation Trust offering a preventative approach for people experiencing challenges relaled to their mental health in a safe and secure environment. Set in a non-clinical environment, the Alexandra Wellbeing House offers a welcoming day service where individuals can a$$ tailored support that aligns with their needs and goals. Access lo theraFeutic activilies, including arts & crafts, gardening, cooking, exercise is provided on site and supwrted by the Mind team alongside 121 wellbeing support and p&r support. The Junction, Swindon: A 365-evening Se1 launched in 2019 aiming to provide a safe, therapeutic, supportive environment for individuals who are experiencing or recovering from a mental health crisis. The project is based upon the national calming café models and offers practical support, skilled de-escalation alongside skilled mental health nursing inteNention. This service is working in partnership wilh Avon and Wiltshire Mental Health Partnership NHS Trust and the Swindon ICBIICA, commissioned by Swindon Borough Council. The seNice provides support between 4pm-11pm 7 days perweek.
Swindon & Gloucestershire Mind TRUSTEES REPORT Access Service Swlndon INHSE Community Mental Heath Services Transforniation Framework - CMHSF) This service is part of the NHSE Community Mental Health Serwces Transformation Framework, teing delivered in partnership across our Integrated Care Board IICB) footprint of BSW- BaNES (Bath and Northeast Somersetl, Swndon and Wiltshire. The Access semce provides a no wrong front door approach, with flexible supp)rt and a walk alongside model. This is delivered by a range of lived experience peer support workers and wellbeing practitioners offering121 and outreach support. Access Line Service Swindon (NHSE Support Line): During 2020 and as a result of the Covid-19 pandemic we were commissioned to run a dedicated support line. This is a confidential listening Servi which provides a safe pla to talk if a person, or someone they know, is in distress, call handlers are able to deescalate crisis situations for people needing support during the day and also evening when statulory services are closed. This Servi can also give information about mental health and local support setvices. The listeners treat all callers, regardless of background, in a non- judgmental way with dignity and respect. Autism Service, Swindon - This Servi provides pre diagnosis SUPFJ)rt through weekly121 sessions and px)st assessment support in a sensory and environmentally Aulism friendly space. SMI {Serious Mental Illness) Annual Health Checks, Swindon, In January 2021 we were asked to support a pilot promding SMI annual health checks with a wrap round of wellbeing support in a non-clinical setting. The aim of the pilot is to support not just the physical health check but offer wellbeing support alongside this. The health check Servi has been mobilised during the day within our Junction Servi sile and will work in partnership with an NHS approved and selected Nursing Agency. Volunteets & Lived Experience Experts, Swindon & Gloucestershire Our volunteering and Lived Experience Experts are essential to the design, delivery and support of our services. Without this support Swndon & Gloucestershire MIND could not provide many of the valued services. Our committed volunteers help provide weekly groups, fund-raising, mental health promotion, support to our Board and recruitment processes and our lived experience experts help ensure our services slay relevanl to meeting the needs of our communities, while also guiding decision making wth system partners and Commissioning. Wellbeing of our stsff and volunteers Our staff wellbeing and needs are our priority. Since the pandemic the resilien and care in the team's ability to work flexibly supporting people remains. Our staff wellbeing provision is continuously reviewed via consultation wth our stsff. We also retain some of the additional support introduced for staff during the pandemic- Peer support sessions Regular team meetings Coffee catch ups Extemal supeNision groups for all staff Catch up calls. Flexible working arrangements, induding supporting family and childcare needs. We offer a range of hybrid se1$, ensuring we a supporting the needs of our communities and workforce with a flexible approach. We continue to manage and review infection protection control measures in conjunction with supporting people accessing our services and our workforce.
Swindon & Gloucestershire Mind TRUSTEES REPORT Future Plans We have developed our three-year strategic plan for 2023-2026 collaboratively with people connected to S&G Mind, our Board and our staff. Additionally, we are continuing to develop priority areas of the organisation as key objectives to our growth, Governance structure and semce delivery in the new financial year. Continue and strengthen, working with and championing the voiTr of ppIe with lived experience, in the design, development and delivery of our work and the workstreams wth our Iw2lity and system partners. Strengthen our front door through our Point of Entry, linking our wider seNices and partners Éo provide a no wrong front door and walk alongside mojel. Continue to support our local VCSE and grassroots organisations through the Mental Health Alliance and Mental Health Partnership, Chaired by Swindon & Gloucestershire Mind. Develop and strengthen our GIOUStershJre serVIS and partnerships, including taking and sharing learning from our Swindon models to work in partnership with the Glouceslershire VCSE & 3rd Sector, the Gloucestershire Health Care Tnjst and the ICB. Review and revise our recruitment process for volUnt[s, Staff and Trustees, alongside reviewing staff personal development. Continue to develop our Training delivery. Recruit additional personnel and expand business sector & CYP Educational programmes I workshops. Expand our marketing and media- Implement and grow marketing, media and fundraising strategies. Review and strengthen stsff supp)rt, including expanding on fluid organisational interaction. Our priority for the year ahead remains to ensure the Vol of people is front and ntre of our provision. We continue to work on developing models of care that focus on early intervention and prevention, wth a focus on expanding the non-clinical worfrforce across the Swndon VCSE and third sector to make better use of our collective resources.
Swindon & Gloucestershire Mind TRUSTEES REPORT 2. StNcture, Governance and Management The Company.. Swindon & Gloucestershire Mind, the company was incorporated on the 5 September 2017 as a private limited company by guarantee with no share capital in England and Wales (Company Number10573231}. The company was registered with the Charity Commission on the 21 September 2017 (Charily Nutnber1174786). The governing documents are the Memorandum and Articles of Association. The Charity continues to review its goveming document regularty in line wilh best practi, aligning to National Minds Quality Mark. Public Benefit.. The Trustees report the charitable activities have due regard to public benefit guidan published by the Charities Commission. Risk Management.. The Trustees have assessed the risks to which the charity is exposed and are satisfied that the systems are in place to mitigate those risks. Key management personnel remuneration controls. The Board of Trustees (Directors for the purFoses of Company Law), CEO and Directors comprise the key management personnel of the Gharity in charge of the dIrtIng and controlling of the charity, delegating running and operating the charity on a day-104ay basis to the CEO. The Board of Trustees give their time freely and no trustee renumeration was paid in the year. Trustees are required to disclose all relevant interests and register them and in accordance th the charities wlicy and wthdraw from decisions where a conflict of interest arises. Prospethive TrUstS are invited lo attend an inteNiew and at least Trustee Board Meetings before appointment or election. Followng app)intmenl, Trustees are required to complete an induction process. The Trustee Board will have no less than three and no more than 10 The Trustee Board are appointed for a term of no more than two terms of three years. The Trustee Board agree to act in accordance with the Memorandum and Articles Management of the day-to-day business is delegated to the Chief Executive Officer. All members of the Board of Trustees give their time voluntarily and reiVed no benefits from the charity. Quality Management. The National Mind Federations 'Mind Qualily Mark, .MQM scheme enables, supports and guides organisational improvement through external assessment, reviewed throughout the year and fully every three years. Continuing to meet the Nab'onal Mind Quality Mark standards ensures our membership to the Mind Federation and ensure we m*t regulated charily standards. Managing Organisational Risk. The management of possible to risk to income is reduced by having mU1Ple income streams with varying commitment of timelines. Contracted income such at local authority and NHS contracts have overtap in their length of commitment. In addition to our contracted income, we have fluid and unrestricted income from grants, Iraining income, donations and fundraising
Swindon & Gloucestershire Mind TRUSTEES REPORT Our thanks to fundraisers, businesses, and supporters, Every year, we would not be able to cary out the work and support we provide to people in our community without the generosity from our doners, business and fundraisers. A huge thank you to everyone who supports us. During the year February 202410 January 2025, some of these were- Ernest Heal & Sons Easlbury Way Christmas Lights Festival on the Fami TK MAX Cheltenham Lions Zurich GE Aerospace, Cheltenham Ben's Elevation Celebration All those who took part in the Spanish Three Peaks Centiica, Big Difference All those who to part in Run Cheltenham North Gloucestershire ODD Jusl Giving Charities Trust Al those who took part in the London Marathon Much Loved Newland Homes We also receive significant support from a large number of people raising money and awareness of Mental Health in numerous ways and donating this through various platforms, one of which is the Just Giving platfomi, this year we reiVed £16,656. in funding via Just Giwng. Huge thanks to all who have set up events and challenged themselves lo make this happen,
Swindon & Gloucestershire Mind TRUSTEES REPORT 3. Flnancial Review The total income for the year is £2,879,552 of which £2,784,907 is from contracted income for contracted SeNS as per note 4. The charity has four contracls funded by Swindon Borough Council, BSW {Banes, Swndon & Willshire} ICB, Gloucestershire Health & Care NHS Foundation Twst. Expenditure totalled £2,273,937 the larger proportion of this consisting of salary costs and service delivery due lo the nature of our contracted funding. Net income for the year is £605,615 of which £89,763 is unrestricted mainly due to training income and donations. Totsl Net assets at the end of the year are £1,752,609 of which restricted funds are £1,191,898 and unrestricted funds are £560,710. 4. Reserves Policy The charity sets and reviews budgets ahead of the financial year and continues to review income and expenditure against budgels regulady through the year. The charity aims to hold reserves of 3 months running costs and lijoks to set this in ils policy. At 31 January 2025, we held £560,71012024 - £470,947) of unrestricted reserves. Currently the reserves fall below the organisational requirements and agreed plans have been put in place to build this wth a target of this being met in the new financial year. Disclosure of inforniation to auditor Trust*s have taken steps that they ought to have taken as a member in order to make themselves aware of any relevant audit information and to establish Ihal the charities auditor is aware of that infomiation. The trustees confimi that that there is no relevant infomiation that they know of and of which they know the auditor is unaware. Small Company's provision statement. This report has been prepared in accordance with the small company's regime under the Companies Act 2006. This ann port was approved by the trustees on the and signed on its behalf by.. .Chair of Trustees
Swindon & Gloucestershire Mind STATEMENT OF TRUSTEES RESPONSIBILITES statement of the Board of Trustees Responsibilities The Iwstees (who are also the directors of Swindon & Gloucestershire Mind for the purposes of company lawl are responsible for preparing the Iruslees, report and the financial statements in accordan wth the United lfjngdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations. Company law requires the trustees to prepare financial statements for each financial year. Under company law the trustees must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the charitable company and of its incoming reSoUrS and application of resources, including its income and expenditure, for that Feriod. In preparing these financial statements, the trustees are required to.. Select suitable accounting policies and apply them consistently. ObseNe the melhods and principles in the Charities SORP {FRS1021, Make judgements and estimates that are reasonable and prudent. State whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements. pPare the financial statements on the going cOnM basis unless it is inappropriate to presume that the charilable company will conb'nue in business. The truslees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable company's transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial stalemenls comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hen for taking reasonable steps for the prevention and detection of fraud and other irregularities. The trustees are responsible for the mainlenance and integrity of the charity and financial infomiation included on the Gharitys website in accordance with legislation in the Uniled Kingdom governing the preparation and dissemination of financial statements. Approved by the Trustees ofthe Charity on .3.11.10/.15 .and signed on ils behalf by.. )on Chair of Trustees 10
Swindon & Gloucestershire Mind INDEPENDENT AUDITORS REPORT TO THE TRUSTEES OF SWINDON & GLOUCESTERSHIRE MIND Opinion I have audit the financial statements of Smrindon & GIOusterShlre Mind (the'charity'l for Ihe year ended 31 January 2025, which comprise the Statement of Financial Actimties, Balance Sheet, Statement of Cash Flows, and Notes lo the Financial Slalements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is United Kingdom Accounting Standards, comprising Charities SORP - FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and applicable law (Unil& Kingdom Generally Accepted Accounting Practice). In our opinion the financial statements.. give a true and fair view of the stale of the charities affairs as at 31 January 2025 and of its incoming resour$ and application of reSoUs, including its income and eX[nditure, for Ihe year then ended., have been properly prepared in accordan with United Kingdom Generally Accepted Accounting Practice,. and have been prepared in accordance with the requirements of the Companies Act 2006. Basis for opinion I have conducted the audit in accordance wth International Standards on Auditing IUKI IISAS (UK)) and applicable law. My responsibilities under those standards are further described in the auditor reswnsibilities for the audit of the financial statements section of our report. l am independent of the charity in accordan with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Elhical Standard, and the provisions available for small entities, in the circumstances sel out in note lo the financial statements, and have fulfilled our other ethical responsibilities in accordan with these requirements. I believe that the audit evidence obtained is sufficienl and appropriale to provide a basis for our opinion. Conclusions relating to going concem In auditing the financial statements, il has tEen concluded that the Trustees use of the going conrn basis of accounting in the preparation of the financial statements is appropriate. Based on the work performed, I have nol identified any material uncertainties relating to events or conditions that, individually or collectively, may cast signfficanl doubt on the charity's ability lo continue as a going concem for a period of al least twelve monlhs from when the original financial staterrents were authorised for issue. My responsibilities and the responsibilities of the Trustees wtth respect to going concern are descriW in the relevant sections of this report. Other information The TrUStS are responsible for the other informalion. The other infomialion comprises the information included in the annual report, other than the financial statements and our auditorfs report thereon. My opinion on the financial statements does not cover the other infonnation and, except to the extent otherwise explicitly stated in our reFx)rt, I do not express any form of assurance conclusion thereon. 11
Swindon & Gloucestershire Mind INDEPENDENT AUDITORS REPORT TO THE TRUSTEES OF SWINDON & GLOUCESTERSHIRE MIND In connection wth the audit of the financial statements, my reswnsibility is to read the other information and, in doing so, consider whether the other infomialion is materially inconsistent with the financial statements, or my knowledge obtained in the audit or otheiSe appears to be materially misstated. If l identify such material inconsistencies or apparent material misslatements, l am required to determine whether there is a material misstaternent in the financial statements or a material misstatement of the other information. If, based on the work I have performed, I conclude that there is a material misstatemenl of this other infomiation, l am required to report that fact. I have nothing to report in this regard. Opinion on other matters prescribed by the Companies Act 2006 In our opinion based on the work undertaken in the course of the audit.. the infownation given in the TNstees' Report for the financial year for which the financial statements are prepared is consistent wth the financial statements. and the Trustees, Report has been prepared in accordance with applicable legal requirements. Matters on which l am required to report by exception. In the light of my knoedge and understanding of the charity and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees, Report. I have nothing to report in respect of the following matters where the Companies Act 2006 requires us to repx)rt to you rf, in our opinion.. adequate accounting records have not been kept, or returns adequate for our audit have not been reiVed from bmnches not visited by us., or the financial statements are not in agreement with the accounting records and retums,. or certain disclosures of Trustees remuneration specifi&J by law are not made,. or we have not r1Ved all the infomiation and explanations we require for our audit. Responsibilities of Trustees As explained more fully in the Statement of Trustees, Responsibilities (set out on page101, the Trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for SUGh inlemal control as the Trustees determine is necessary io enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the Trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, as applicable, matters related to going conrn and using the going concern basis of accounting unless the Trustees either intend to liquidale the charity or lo cease operations, or have no realistic alternative but to do so. Auditor responsibilities for the audit of the financial statements My objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and lo issue an auditorfs report that includes our opinion. Reasonable assurance is a high level of assuran, but is not a guarantee that an audit conducted in accordan with ISAS IUKI will always detect a material misslalement when il exists. Misstatemenls can arise from fraud or error and are considered material rf, individually or in the aggregate, they could reasonably be expected to influence the 6ronomic decisions of users taken on the basis of these financial statements. The extent lo which our proTrdures are capable of detecting irregularities, including fraud is detailed below.. An understanding was obtained of the legal and rulatOry frameworks that are applicable to the entity by discussion with personnel and consideration of experience with clients in similar sectors. 12
Swindon & Gloucestershire Mind INDEPENDENT AUDITORS REPORT TO THE TRUSTEES OF SWINDON & GLOUCESTERSHIRE MIND It was determined that the most significant laws and regulations which have a direct impact on the form and content of the financial statements of the entity are the Companies Act and UK GAAP, specrfically the Charities SORP. It was determined that the most signtficant laws and regulations for the entity are those goveming the charilable sector, safeguarding regulations and GDPR. Based on the results of the risk assessment the audit prcrEdures are designed to identify non- compliance with such laws and regulations identified atM)ve, with no issues arising. Understanding of the entitys pM)licy and prcr£dures was gained by discussion wth key personnel and audit work. Material risk of misslatemenl was assessed in SpeCt of fraud through our planning processes, and no significant risks were identified. The risk of fraud was considered through management override and, in response manual joumal entry testing was incorporated to the audit. Because of the inherent limitations of an audit, there is risk that not all irregularities will te detected, including those leading to material misstatement in the financial stalemenls or non-compliance wth regulation. This risk increases the more that compliance with a law or regulation is rernoved from the events and tranStIonS reflected in the financial statements, as it will be less likely to Lecome aware of instances of non<ompl1an. The risk is also greater regarding irregularities curring due to fraud rather than error, as fraud involves intentional concealmenl, forgery, collusion, omission or misrepresentation. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's websile at.. http.. Ilwww. frc.org. uklauditorsresponsibilities. This description forn part of our auditorfs report. Use of this report This rewrt is made solely to the charitable company's Trustees, as a body, in accordance wth Chapter 3 of Part16 oflhe Companies Act 20(K. The audit work has tEen undertaken so thal I might state to the charity's Trustees those mallers l am required lo state to them in an auditorfs report and for no other purpose. To the fullest extent pemiitted by law, I do not accept or assume responsibility to anyone other than the charitable company en Auditor 89 Groundwell Rd Swindon SN12NA Date...............30thSe tember2025.................. 13
Swindon & Gloucestershire Mind STATEMENT OF FINANCIAL ACTMTIES Includin Income and Ex THE YEAR ENDED 31 JANUARY 2025 enditure Account FOR Note Unrestricted Restricted Funds Funds 2025 2025 Totsl Funds 2025 Combined Funds 2024 Income and Endowments from.. Donations and legacies 58,414 58,414 60,380 Charitable activities 2.784,907 2,784,907 1,421,394 Other income 24,924 24,924 17,165 Investment income 11,307 11,307 54,551 Total income 94,645 2,784,907 2,879,552 1,553,490 Expenditure on: Charitable activities 4882 2,269,055 2,273,937 1.975,693 Totsl Expenditure 4882 2,269,055 2,273.937 1,975,693 Net income 89,763 515,852 605,615 {422,203} Transfer between funds Transfer between funds Net movement in funds 89,763 515,852 605,615 (422.203) Reconciliats'on of funds Total funds brought forward 470,947 676,046 1,146,994 1,569,197 Totsl funds carried fomard 560.710 1,191,898 1,752,609 1,146,994 All income and expenditure derive from continuing activities. The statement of financial activities includes all gains and losses recognised in the year. 14
Swindon & Gloucestershire Mind BALANCE SHEET AS AT 31 JANUARY 2025 Combined 2024 Note 2025 Fixed assets Tangible assets 12 11,033 9,950 Current assets Debtors Cash at back and in hand 13 3,694 3,421 1,767,336 1,160,365 Creditors.. Amounts falling due within one year 14 (14,727) (13,371) Net current assets Net assets Funds of the charity.. Restricted funds Unrestricted income fvnds Unrestricted funds 1,741,576 1,137,044 1,752,609 1,146,994 1,191,898 676,046 560,710 470,947 Total funds 17 1,752,609 1,146,994 The Financial Ststements were approved and authorised for issue by the Trustees on the. s1].10115 2025 and signed on their behalf by Chair, Trustee 15
Swindon & Gloucestershire Mind STATEMENT OF CASHFLOWS FOR THE YEAR ENDED 31 JANUARY 2025 Combined 2024 2025 Note 20 Cash flow from operating activities Net cash income Adjustments to cash flows from non- cash items Depreciation Investment income (422,203) 1,037,293 3,357 2,379 47 Working capital adjustments (Increase}Id8crease in debtors Increasel(decrease) in creditors 3,421 {14,727} 2,873 Net cash flows from operating activtties 1048 897 Cash flows from investing activities Interest receivable and similar income Purchase of tangible fixed assets Net cash flows from investing activities Net increase in cash and cash equivalents Cash and cash equivalents at1 FebNary Cash and cash equivalents at 31 January {54,551 } 1,077 1013 155 1470 023 1067 706 1471100 605,615 {422,203} 1,146,994 1,569,197 1,752,609 1,146,994 16
Swindon & Gloucestershire Mind NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025 1. Charity status The charity is a private limited company by guarantee registered in England and consequently does not have share capitsl. Each of the tnjstees is liable to contribute an amount not exceeding £1 towards the assets of the charity in the event of liquidation. At the 31st January 2025 the company had three members and the totsl amount guaranteed was therefore £3. The charity registered office is.. Sanford House Sanford Street Swindon Wiltshire SN11PN 2. Accounting policies Summary of significant accounting policies and key accounting estimates The principal accounting policies applied in the preparation of these financial statements are set out below. The policies have been consistently applied to all the years presented, unless otherwise stated. Statement of compliance The financial statements have been prepared in accordance with Accounting and Reporting by Charities.. Statement of Recomrnended Practice applicable to charities preparing their account in accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS102) (second edition - October 2019), the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland IFRS102), the Companies Act 2006 and UK Generally Accepted Accounting Practice. Basis of preparation Swindon & Gloucestershire Mind meets the definition of a public benefit entity under FRS 102. Assets and liabilities a initially recognised at historical cost or transaction value unless othetwise stated in the relevant accounting policy notes. Going concern The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern nor any significant areas of UnrtaintY that affect the carrying value of assets held by the charity. Forthis reason, they continue to adopt the going concern basis in preparing these financial statements. Trustees are aware of the possibility of the future impact siluations such as Covid 19 and cost of living COLJld have and have reviewed budgets and forecasts for the next twelve months. From this, the Trustees consider it unlikely the charity would be significantly affected. Income and endowments All income is recognised once the charity has entitlement to the income, it is probable that the income will be received, and the amount of the income receivable can be measured reliably. 17
Swindon & Gloucestershire Mind NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025 Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of perfomiance by the charity before the charity is entitled to the funds. the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity, and it is probable that these conditions will be fulfilled in the reporting period. Income from govemment and other grants, whether 'capital' grants or 'revenue' grants, is recognised when the charity has entitlement to the ftjnds, any performance conditions attached to the grants have been met, it is probable that the income will be received, and the amount can be measured reliably and is not deferred. If entitlement is not met, then these amounts are deferred. Legacy gifts are recognised on a case-by-case basis following the grant of probate when the administratorlexecutor for the estate has communicated in writing both the amount and settlement date. In the event that the gift is in the form of an asset other than cash of a financial asset traded on a recognised stock exchange, recognition is subject to the value of Ihe gift being reliably measurable with a degree of reasonable accuracy and the title to asset having been transferred to the charity. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Expenditure All expenditure is recognised once the is a legal or constructive obligation to that expenditure. it is probable settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading those aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings, they have been allocated on a basis consistent with the use of reSoUrs, with central staff costs allocated on the basis of time spent, and depreciation charges allocated on the portion of the asset's use. Other support costs are allocated based on the spread of staff costs. Charitable activities Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and ServIS for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them. Support Costs Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, for example stsff costs by time spent and other costs by their usage. Pension Contributions The Association operates a defined contribution pension plan under Auto enrolment. The costs of these contributions will be written off in the year they become payable. 18
Swindon & Gloucestershire Mind NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025 Taxation The charity is an exempt charity within the meaning of Schedule 3 of the Charities Act 2011 and passes the test of Paragraph 1 of Schedule 6 of the Finan Act 2010. Tangible fixed assets Individual fixed assets are initially recorded at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Depreciation and amortisation Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value. over their expected useful economic life as follows. Asset class Computer equipment Depreciation method and rate 33 % straight line Trade debtors Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business. Cash and cash equivalents Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of Gash and are subject to an insignificant risk of change in value. Trade creditors Trade creditors are obligations to pay for goods or ServIS that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the charity does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least e1ve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities. Trade creditors are recognised initially at the transaction price and subsequently measure at amortised cost using effective interest method. Fund structure Unrestricted income funds are general funds that are available for use at the trustee's discretion in fUtheran of the objectives of the charity. Designated funds are unrestricted funds set aside for the specific purposes at the discretion of the Trustees. Restricted income funds are those donated for use in a particular area of specific purposes, the use of which is restricted to that area of purpose. 19
Swindon & Gloucestershire Mind NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025 Financial Instruments The Association only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exptIOn of bank loans thich are subsequently measured and amortised cost using the effective interest method. 20
Swindon & Gloucestershire Mind NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025 3. Income from donations, Including Grants and legacies Unrestricted funds Restricted funds 2025 2025 Total funds 2025 Total Funds 2024 Just Giving 16,655 16,655 10,000 14,054 12,000 Gifts less than £5,000 41,859 41,859 24,326 4. Income from charitable activities Unrestricted funds Restricted funds 2025 2025 Totsl funds 2025 Total Funds 2024 Contractual income Sale of goods and servi$ Training Courses 2,784,907 2.784,907 24,924 1,421,394 17,165 24,924 Contractual payments Community Mental Health & Wellbeing, SBC. GHC NHS Foundation Trust. Junction servi Revenue. BSW ICB -SMI. BSW ICB, Autism Diagnostic Support. BSW CCG. MH Support Lines. BSW ICB -SPL. BSW ICB CSF Mobilisation lead. SBC ICA Funding BSW ICB CSF Core. NHSE. Blue Light, BSW ICB Zurich Community Trust 594,863 594,863 296,617 99,999 261,956 59,250 206,091 99,999 261,956 59,250 206,091 114,999 128,999 28,750 435,840 435,840 168,707 69,874 69,874 54,000 1,238,592 65,268 (277,026) 30,200 1,238,592 65,268 (277,026) 30,200 2 784 907 590,822 38,500 21
Swindon & Gloucestershire Mind NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANAURY 2025 5 .Investment income Unrestricted funds Restricted funds Total funds 2025 Total Funds 2024 Interest receivable on bank deposits 11 551 6 Expenditure on charitable activities Unrestricted Funds Restricted Total Funds 2025 Total 2024 Direct costs Human Resources Direct project costs Travel, subsistence & accommodation Office Support 1,494,635 1,494,635 1,219,380 339,854 339,854 297,841 15,443 15,443 12,362 249,591 249,591 241,375 63,102 63,102 59,760 216262 Non Direct costs Governance Office Costs Support Costs 15,639 90,791 15,639 90,791 4,882 13,985 84,169 8,704 4,882 882 Total Expenditure on charitable activities 7 Governance costs 2025 2024 Independent Examination Accountancy Legal Other governance costs 9,244 3,371 3,024 8,102 3,197 2,686 8 Net incomingloutgoing resources Net incoming resources for the year include= 2025 2024 Depreciation of fixed assets Independent Examination 3,357 9,244 2,379 8,102 22
Swindon & Gloucestershire Mind NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025 9 Trustees remuneration and expenses No trustees, nor any persons connected with thern, have reIVed any remuneration from the charity during the year. No trustees have received any reimbursed expenses from the charity during the year. 10 Staff costs The payroll costs were as follows.. 2025 2024 Wages and salaries Social security costs Pension Contributions 1,165,225 959,889 226,348 187,695 103 062 The monthly average number of persons (including senior management team} employed by the charity during the year was as follows- 2025 No 2024 Community Mental Health & Wellbeing 17 12 GHC NHS FT 16 Junction Evening Servi BSW ICB MHSupport Lines Rough Sleeper SMI Autism Diagnostic support 21 CSF BSW ICB 32 Zurich - CO 23
Swindon & Gloucestershire Mind NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANAURY 2025 The number of employees whose benefits (excluding employer pension costs) exceeded £60,000 was.. 2025 2024 In the band £70,001- £80,000 The Chief Executive Officer and Senior Leadership Team were considered the key management personnel. The total employee benefits ofthe key management personnel of the charity were £242,000 (2024 - £167,000). 11 Taxation The charity is a registered charity and is therefore exempt from taxation. 12 Tangible fixed assets Fixtures & Equipment Total Cost As at1 February 2024 Additions 24,693 24,693 At 31 January 2025 Depreciation As at1 February 2024 Charge forthe year 14,743 14,743 At 31 January 2025 74 100 Net book value At 31 January 2025 At 31 January 2024 13 Debtors 2025 2024 Trade debtors 694 24
Swindon & Gloucestershire Mind NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025 14 Creditors: amounts falling due within one year 2025 2024 Trade creditors Other taxation and social security Accruals Deferred income Other Creditors 9,553 2,497 1,985 692 8,872 2,063 1,827 609 15 Deferred Income 2025 2024 As at1 February 2024 Additions during the year Amounts released to income 3,005 2,844 3,005 2,938 As at 31 January 2025 16 Provision for Liabilities As at1 February 2025 As at 31 January 2024 25
Swindon & Gloucestershire Mind NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025 17 Funds Balance at31 January 2025 Balance at 1 February 2024 Incoming resources Resources expended Transfers Unrestricted funds General Unrestricted fund 470.947 94,645 (4,882) 560,710 Total Unrestricted funds 47 10 Restricted funds Community Mental Health & Wellbeing SBC GHC NHS Foundation Trust {91,617) 594,863 (400,231} (4.969) 98,046 224,153 99,999 {104,066) 220,086 Junction SeNice Revenue {61,332) 261,956 (170,605} 30,019 BSW Autism Support {105,077) 206,091 (98,665} 2,349 BSW MH Support Lines 65,204 435,840 (326,224) 174,820 SBC Rough Sleeper {34,402) {39,371) 4,969 {68,804} SBS ICA Funding BSW CSF Core 338,842 1,238,592 (914,436) (183) 662,815 BSW ICB SPL 69,874 (48,288) 21,586 BSW ICB SMI 9,950 59,250 {44,660) 24,540 Blue Light, BSW ICB 277,026 (277,026) Zurich Community Trust 53,300 30,200 (57,058) 26,442 NHSE 65.268 {65,451)- 183 Total restricted funds 676 047 2 784 907 2 269 055 1191898 Totsl funds 26
Swindon & Gloucestershire Mind NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025 Balance at31 January 2024 Balance at 1 February 2023 Incoming resources Resources expended Transfers Unrestricted funds General Unrestricted fund 343,950 132,096 {5,099} 470,947 Total Unrestricted funds 132 47 Restricted funds Community Mental Health & Wellbeing SBC GHC NHS Foundation Trust 296,617 (356,547) {31,687) (91,617) 515,628 114,999 {406,474) 224,153 Junction Service Revenue 128,999 (190,331) (61,332) BSW Autism Suppx)rt 20,573 (125,650) (105,077) BSW CCG MHSupport Lines 67,683 168,707 (171,186) 65.204 SBC Rough Sleeper (28,337 (37,752) 31,687 134,402} SBS ICA Funding BSW CSF Core 285,209 590,822 (536,382) {807) 338,842 BSW ICB SPL 54,000 {54,000) BSW ICB SMI 40,464 28,750 (59,264) 9,950 Blue Light, BSW ICB 277,026 277,026 Zurich Community TNst 35,000 38,500 {20,200) 53,300 Total restricted funds 1225 246 1421394 1970 594 676 047 Total funds 146 The purposes for which the funds are to be applied are as follows.. For a description of each restricted fund, please see pages 3-9 of the trustees report The transfers between funds are to cover resources expended in excess of incoming resources within the restricted funds and have been made from the General funds. 27
Swindon & Gloucestershire Mind NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025 18 Analysis of net assets between funds Unrestricted funds General Designated Restricted funds Total Funds 2025 Tangible fixed assets Current assets 11,033 549,677 11,033 1,741,576 1,191,898 Total 56 2024 Tangible fixed assets Current assets 9,950 460,997 9.950 1.137,044 676,047 Total 676 19 Related Party Transactions There were no related party transactions during the period {2024nil) 20 Analysis of net funds At 1 February 2024 Financing cash flows At 31 January 2025 Cash at bank and in hand Net debt 1146 944 605615 1752 609 61 At 1 February 2023 Financing cash flows At 31 January 2024 Cash at bank and in hand Net debt 1569 197 422 203 1146 944 28