Chwity registration nvmber.. 1180M6 Nottinghamshire Mind Annual R¢port and Financi Statsments forth¢ YearEnded 31 mSh 2024
Nottinghamshire Mind Content8 (CODtinued) Reference and Administrative Details Tru5tees' Rwrt 2to8 Fndependent AlItOrs, R¢wrt 9t0 12 Statemeni of Finan¢ial Activities 13to14 Balance Sheet 15 Cash Flow Ststsment 16 Notes to the Financial StateD*nts 17to27
Nottingbamshire Mind Reference AdministrAtive Details Craig GraDt, Chair Ro&v Stenda]I Maria Ferd711 Nahida Ahmed Berenice Brown Kaylie Bickie Nicola Re4, Acting CEO Lindsay Simpsot), HR Matllg¢r Sentor Management Team Cbairlty Re%i5tr•tion Number 1180346 Prlneipal Offiee 6 Hardy Street Work8OP Nottinghamshire S80 IEH Auditor Melvin Bailey Rogers Spencer NeWSts House Pelham Road Nottingham NG5 IAP Unity Tnjst Bank plc Nine Brindl¢ypla¢e BirnJin8ham BI 2HB Pag¢ I
NottinghAm8hir¢ Milld Trustees, Report The tNste¢$ present the amIal report wgether with th¢ financial StatentS of the ¢harity for the yew ¢nded 31 March 2024. Trust¢es And 01fr$ The twstees and otTi¢¢rs serving during the y&lT and since the year end were as follows.. Craig GTanL Chair (appointed 9 May 2024) Roger Stendall Maria F¢raTli Derek Adlam Iresi8ned l De¢¢mber 2023) Amanda Fletcher {resied 26 September 2023) Christina Bond (resigtled 10 July 2023} cLa George {resigned 5 Decnber 2023) Aidan Domitry (rtSi8ned 5 Decembcr 2023) Nthida Ahmed Bereni¢e Brov Kaylie Bi¢kle (appointed 9 May 2024) StThctMre. governance and m4nggemettt Nalwe of¥overnln8 dtscmmenl The tharity is operated under th¢ ruks of its CJO- Asso¢iation registered on 17th Octob¢r 2018. RecrHiiiii•il ondoppolnrnni of tru5t¢ Trustees ar¢ rxruited through Fx>th invitation to apply from existing Trnstees staff m¢mbets. After appliGation thert is on inf¢)nnal m¢¢tit)8 with the CEO to &8certain ¢xpectatiotts of b¢iDg a Trustee and th¢ individuals skill set. Jf the applicaDt wish¢5 to continue with the application they attend 4 Board m¢etin8 for discussion with current TNste¢s. After this meeting the new Ttte is invir¢d to th¢ n¢xt board m¥Yring whi15t du¢ dilig¢nee chccks (DBS, ¢onflicts of inter¢st, disbar from holding direetorshipltrust¢¢, etc.} are und¢nakeD. If hpplicant is compli&nt they ar¢ appx)int¢d throush nomiDation & sec4)nding at the beginning of the n¢xt board meeting {minuted). The CEO will either und¢rtake or delega1¢ indudion to another staff member. Detsils are r¢¢oryled on the HR d8t8b&8e. Arrnngemepr&e(rfllx kéy monogemenlpenollllelr&wNer4lio The Salary grade appropriate for each posi will set 41 th¢ tim¢ of recruttment, bed on thE 8gr¢ed job d¢5cription And person specification. Grades will be reviewed by agreement or wher¢ there has been a significant voriation in the post's duthe5 and responsibilities. Salary M4ews will be based on comparison with ]Dles of similar respotLSibilities within the voluntary sector and Mind neth¥0. P¢2
Nottinghamshire Mind Trnstees, Report (continued) &¥rudure Nottinghamshire MtND is affiliated to Nationa] MD and adheres to the values and principles of MIND. Mind (lity Mark (MQM) ensures that affiliated organi5ations adhere to the principl¢s, are regulatory mpli and deljver qu81ity 5ervi¢¢$. Theye are a board of Thet$. l¢d by a Chairwho is appointed by at th¢ AGM. The day to day of th? Organi¢10n is delegated to CEO At)d Senior L¢adership lesm overse¢ OperntiOD5. Human Resouft¢es aDd Finan¢¢s. Objectives And *etivldes Objectr To promote th¢ preservation of ments] health and to assist in the r¢wv¢ry of persons in Nottinghamthire suffering from mentsl ill-heahh or conditions of emotional or mentsi distress requiring infonnation and support. To promot¢ the study of at)d research into mentsl he81th 8nd emotional w¢ll being tnd to obtain and make Te¢ords of and disseMitle infornion ¢on¢erntng the same and edueate the public in matt¢rs r¢lating to mental health. Our vision is to ensure that ¢veryon¢ ¢xp¢rien¢ing A health issue gets l)oth support and resp¢¢t. Qhjr goal$ art to- . En¢ourn8¢ holistic wellbeing . Empower choice . Improve services alld support Enable inclusion Jmprove resilien¢¢ . Remove inequality . Raise awareness . Encourd8e p¢rsolla] development and recovery. Nottin8hamshire Mind will be a foca] point for people with mental he8Ith issues, inclusive and ther¢ for ¢Y¢ryon¢. An Organisation in which people with mental health issues Can feel s4f¢ and dist¥lhce th¢mselves from the stigma ihat exists in the outside world. The lead for accessing mental health setvi¢e5 ID Nottinghamshi. Nottinghamshirt Mitjd's goal is to promote reeov¢ry. instil knowled8e and involve the WDmlty. It seeks to empower people to tske responsibility for theirowi menthl health r¢wvery. Nottinghan)shire hfjnd will exist to pmthote g(x)d mental healtty to edu¢ate. infonn, red¢¢ stiwa and build th¢ re5ili¢ncx of the Ii)cal o)nmiunity. To proYid¢ a supportive and empowering erwiroThment for people with mental health issues and their ¢arer5, a place for people with m¢nta] health issue5 to go kn fttl accept¢d, Signposted and supN)rte& to h¢lp people llve fmvard with their lives. The puTp05e of Notiinghamshir¢ Mind is to provid¢ setviees for people with menta] h¢alth issue5. It deliver5 services aDd support to the m05t vulne]xble in our Community, including education and inforniation groups for men and women. promoting r¢¢overy and emotionai wellE¢ing. Pas¢ 3
Nottlnghamshire Mind Trustee81 Report (continued) Nottinghamshire Mind will provide fit fgr pur)$¢ seryic¢s that fill a gap in the Coutty and will be the fw3t wt ol ¢all on mentsl health issues. Nottingh8Jn5hire Mind will work with 8 diverse group of people with differ¢nt backgrounds, will not discriminate and not jud8e or ex¢lude those with mental health is58. Nottinghamshire Mind will work with ststuiory and non-5tatutory s¢rvi¢es along$id¢ the g¢neral public, bause mentsl health is$ue5 affe¢1 everyone. Nottingh8mthire Mind will Wbth anyone who uDuld benefit from mproving their mental wcllb¢in8. Obiecliv¢s, aetlvitsej Nottinghamshir¢ MtND provides seThices to the population of Nottingknmshire Coty. We aim to provide support in a non-judgernental and non-stigmAtising setting. Th¢ focus is OA the individual and their need5. The ov¢rdrching obj¢¢tive 15 to empower people with their recovery from mental illness and maiTthia]we of EMTr5itive mental health wellbeing. To 4¢thi¢ve th¢ &bove obje¢tivesNottinghamshire MIND Undertakes a number of activities: Community based 8roups and activities under the #well progT4mme which are a blend of peer lead support 8roups, worker lead 5UPPOrt groups and arts & crafts groups. The blend of supEk)rt groups enables community aDd pttr lead rewvery. with arts and crnfts groups providing an outlet for ¢rt8tiYity, which boosts mental w¢llb¢ing and an 4lt¢mative a¢tivity for whetl Someo is 51rnggling with symptoms of mental ilin¢ss or w¢llb¢in¥. Counselling service for p¢ople present with mild to mod¢rate issues and lor requir¢ 1-2-1 thcrapy as part of their recovery journey. Th¢ Cri5i$ Sanctuari¢s provide a drop in servic¢ in a safe physical space with the opti¢)n of telephone support for anyone who is experiencing a mental hu]th ¢tisi5. We WOTk closely with stthtory s¢rvice5 to ¢Th8Ute that cases can bc c5cal8ted for more 5pe¢ialis¢d support Mthen required. Resilience and Stabilisation- supporting people ar¢ wailing for support for secondary ¢•re seTvi. SUPPOrt with their daily lives and preparation for stnLCtUTed clini1 Sllprt. A]Ve Nqonitoring - guided self help prOgrMe. Working in Primary CAr¢ settings ithcluding GP surgeries. C(xm5elling- individual talking therapies. Sp[ed Listening- telephonc support for people who are strnggling with ments) i11D. Publtc bellef Public - Nottinghamshire MIND 15 OPtI to any p¢r who reside, work or are visitittg th¢ county of Nottinghamshire. We do not require offi¢iai diagnosis of mental h¢th illness, people ¢an s¢lf report and K¢¢&g support. Benefit - through stru¢tured 5¢fvL¢¢S people arc supported with their T0Very from mentsl il]ness or mentsl health ¢risis. People are 8upportEd to build personAI resi11¢]e. empowering peopl¢ to maintain wellb¢ing or manage symptoms of mentsl illness and meJ)tsl health ¢risis. The tnJ8tees ¢onfimi that they have complied with the requirements of seeti¢)n 17 of the Charities Act 2011 to hav¢ du¢ re8#rd to the publiG b¢n¢fit guidance publish¢d by the Charity Cor(untssion for EInd and Wiles. Pag¢ 4
Nottinghamshire Mind Trustees, Report (contlnued) Achievemettts aDd perfornMn¢e Our main activili". Provide wmmunity based a¢tivits¢s focused on wellbeing, improvin8 mental health & resilienre; Provid¢ 1-2-1 ¢oa¢hing and therapy io support p1¢ who are suffering with their mental health. Provide fe spaces & helpltn¢s for people in Nottingbam5hir¢ are exp¢ri¢n¢ing crisis. Provide groups (peer and pYofe5sionai le•d) for peopl¢ who are sufftting with their menthl bealth.. Provide advice & guidan¢e through Itterotttre for rnembers of the public" Pmvide trainin8 & guidance for employer8 attd busin¢ss in Nottinghamshire to support ¢mpltsy¢es with meDtal h¢a]th & wellbeing. Cornmunty proj¢¢ts wot in collaboration with other lo¢al provideTS to pmvide MIND sp¢¢ialiti¢5 in the places and IlitIeS wh¢r¢ people are. As part of the lev¢llirtg up pro8r3mme, working with pwple who are economically in¥tive to enwuTage tEturn to MK>Ek. Awarded the Re$ilienee & Sthbilisation ¢ontra¢t after leading the pilot and the proje¢t bein8 mmissionedtr project is working at capacity and wtthin Kpfs Crisis Sanctuary - acquired prernises to continue and d¢velop th¢ offering iti the ¢entre of Nottingham ¢ty. tmplementing leaming and dev¢lopment from delivering the seTVi¢¢ to enhan¢e support for petsple in ¢risis. Disaster r¢covery tested and su¢v$sl followin8 the fli)odin8 of Worksop premises, minimal interniption to the service&. S¢nior It¢T& Trust¢es and all staff w¢nt above snd Fwond durin8 th¢ interim period between previous CEO T¢signotion and appotnthjent of new CEO. Servi¢¢s welt rnaintained and enhanced which is a testament ty the sktlls and dedication of the organision. Finantrgl rtvlew The organisation post a surplus of £30.098 12023.. .£29.967) during the perio4 which is alh irnproY¢m¢nt on the 10&8 of18St year. The continued pre5sur¢ from infiation on non-stsff ¢osts and salaries has been a challenge this year. The Organisl0n is in a Stron8 Posltion to obtain moT¢ thnding to both support local people and decr¢¢ the gap between ¢xpenditwe and income so that in fvture we continu¢ to com¢ b[ from the loss of the previous year. Due to the diffL¢ult financial climat¢ and the le8acy of austerity. the VCSE sector has seen a decr¢ise in funding OprtL[ties and An inerease ID competition from other or¥anisations as they try to maintain incom¢. Whilst there 1$ I t¢mp¢otion to inca5¢ 5¢0pe to maximise ndIti8 potential, Nottin8bamshire MtND will mainlain its specialrties and collabordte with other provid¢rs when funding opporbJnities require thos¢ skills (¢.g debt managemenL ernployment). Page 5
Nottinghamshire Mind Trustees, Report (eontinued) Major nks tht)se rfsks r Sustainabiliry of ¢ore programmes in current clirnate. th¢ SUPTX)rt frnm local authwity se¢tor is UDpredithbl¢ ond there LS always the risk of demand oirtstripping re50ur¢K. Noltin¥bamshit% Mind d¢velops its strat¢gi¢ plan in line with identified 91 evaluated opptsttuoities and ri5ks- both internally and externally. There ar¢ several risks that would affect the fvttdamentsl operation of the organisation. th¢se are identificd and managed u$in8 a risk r¢8lSter reviewed operationally and stntegi¢ally on a monthly basis by key persoDnel and Trustees and via N8tiond Mind during th¢ Mhnd Quality Malk a&8¢5sment. Key id¢ntified risks in¢lud¢- (kjvemance Lack of strniegic direction, skills gaps within the Trust¢¢ Board. no Trustee leadership, conflicts of iAlrrest. poor policies and procedwes, firquent changes in senlor m8magement. Operational Loss of contrdcts, POOT quality of service. no strategic developmenL competition. high turnover of staf( pr Trrf)rale, hulth and safery. IT i5SU¢S. Financial Loss of fundr8isin& levels of income diversity, commissioning ¢hange8. Ettvironm¢ntal and extemal R¢lionship with th¢ conJmunilie5 and partneTS. negativ¢ publicty, relationship with fimders. Pollot Mferves Nottinghamshire Mind has a detail¢d reserve5 poli¢y and ensures there is sulfi¢ient reserves to wver at l¢a8t IhTe¢ months of th¢ oryanisaiions total noIng costs and a150 ensures provision is m8de for major mainterLan¢e or w)airs. repla¢¢ment of equipment and statTredurtdan¢y cost5. The cUt resery¢s figure r¢mains adcquate. FT¢t ServeS for 2024 amount to £409,924 (2023.. £375,340) thi5 15 equivalent lo the net current ass¢ts of the Or81$8110 as iherc is no balance of r¢5tricttd fimds at the e))d of the year. The re8etv¢s ar¢ equivalellt to 3.4 Thnth'S nmniDK Sts12023.. 3 months). Ther¢ is a forecast £120k deficil based OD secured in¢ome and proje¢led expenditilre. Noltinghornshire Mind's Trllstses have ftgr¢ed that they ma>. use r¢s¢rves during the 202&25 year should growth artd fiing not be *¢hieved. P¥e6
NottInghaDhlre Mind Trustees, Report (continued) for futhr¢ p¢rvJds Alns ondkey objecliveslorfuthr¢periods Appointm¢n¢ of new CEO. Continu¢ to WDrk with ICB on the Mcnta] Health Straiegic pljn to olign tUre plans and servi¢¢s to thc local 14ndswe. Continue to work wtth partllels in the lo¢&1 atrthority, Citizens adviee and lo1 VCS or88ttiS&tions to maintai cu1 servi¢¢s and in¢ome. Collaborate with paTth¢rs to otrrtatn funding that is within our retnrt and skill Fundraising to deliver training and workslws to local cmploy¢rs to increase their knowledbr and skitJ$ 4row mental health and wellbeing. Commi$5ioDed s¢rvices are due to be rtrtsAMlered. working with parthers to ensure we aTe w¢ll positioned to submit strong applications. Nottingknshire Mind will fwJ8 On th¢ levelling up of 5¢TYiC¢S across the County and City and IdeIfyIng gaps in $eryi¢e prnviyion amongst demogrdphi¢s. NottjrtghwYh1rt Mind wrll continue to be a contributor to th¢ National mentsl heaitb conv¢rsati¢)ft through closc links with Local Mind Asso¢i8tios and National Mind and will act &8 a corporatr Tte¢ for the forniation of a Mind organisation ID L¢i¢esiershire. L¢i¢¢st¢r 8md Rutland. Ststomertt of Trusttts. Respothgibilities Th¢ ttwtees are ponSIbl¢ forpreparing the tru$t¢es' report and the financial stath¢nts in ordance with th¢ Unit¢d Kingdorn Acwunting Standar&5 (United Kingdom Gen¢rally Accepted A¢¢oullting Pr&cticel 4nd applicable law and regulations. The law applicable to charities require5 the trustees to prepare financial ststements for each finn¢ial year which give a lrne and fair view of the state of affatTS of the Charity and of th¢ inGomin8 resources and oppli¢iiion of r¢sourtts of the charity for that period. In preparing these flnancial statements, the tNstees are required to.. select suitable actoutrtin8 1]¢1¢5 and then apply th¢m ¢onSisteDy. obs¢rve the methods and priticiples in the Clwities SORP. m#ke judgem¢ots estimatcs that are It&nabl¢ and prndent; slate whether appli¢abl¢ X¢oU18 staDdards have been followed, subject to any material departwrs di$¢los¢d and cxplained in the futhncial ststements; and prepare the financial statements on the gonw concern basis uthle55 it is inapprowt¢ to pttsumt that the charity will wntinue in busin¢5S. The tnte¢S are responsible for keepin8 prop¢r a¢countin¥ Tecords that disclose with reasofftabl¢ accutacy at any time the financial position of the charity and enable them to ¢nsure that thc fjnancial statements mplY 7th the Charities Act 2011, the Charities (Accounts and Reports) Regulations 2008, •nd the provisions of the ¢Oll5titution. The trysttts are also r¢sponsible for safeguarding the &ssets of the charity and hcnce for tskttig re&sonablc steps for thc prevcntion w)d dct¢ctiOD of fraud and other i¢81¥n£S. Disc105ure of iDformatloD to udithr Each trnste¢ has tak¢n $tep5 that they ought to have taken as a trnste¢ in ordeT to make themselves aware of any relevant audtt inforniation and to establish that the charity'$ auditor is aware of that inf0mtion. Th¢ trusi¢es confimi th&t th¢r¢ is mo relevant inforniation thht they know of and of which they know th¢ auditor is uDawatt. Pa8¢ 7
NottlnghY4m8hire Mind Trustees, Report (contiDued) The trustees are r¢sw>nsible for th¢ maint¢nance and inte8rity of the c%)rporat¢ And finwcial InfoTMioll included OD the chitable company's website. IK8l51ation governing th¢ prepu&tion and dissa)iinatioD of fitwicial stat¢ments may differ from l¢&islation in other jurisdictions. The alln re •sap ved by the trustees of th¢ ch4rity on I l Decembei 2024 aTKI signed on its behdf by: Craig Grant TN5te¢ Pag¢ 8
Iyottfinghamshire Mlnd IDdependeht Auditor's Report to the Members of Nottinghamshire MiDd Oplttion W¢ hav¢ audited the firtanciai stst¢Tnents of Nottinghamshir¢ Mind (the 'ch8rity? for the Ye ended 31 Mah 2024. which comprise the Statement of Fina]]ria] AL#iviti¢s. Balance She¢t, Cash Flow Statem¢nt, amd Notes to the Financial Statements, in¢luding a swwnary of si1fi¢at a¢wunting ]I¢l¢s. The financial r¢porting framework that ha$ been 8yplied in their preparation is United Kingdom Acwunting Standards. compri5in8 Charities SORP - FRS 102 Th¢ Financial Reporting Standard applicable in the UK and R¢public of Ireland, and appli¢able14w Iunited Kingdom Generally Accepted A¢counting Prnetice). tn our opinion the finan¢iai statements: give a tw¢ and fair vrew of the si of the tharity's affair5 as at 31 MaTch 2024 and of its incoming resourees and application of resources, in¢ludin8 its in¢ome and expenditu for the year theft ¢nded. have bttn properly prepared in ac¢ordan¢¢ with United Kingdom Generally Ac¢q>ted A¢¢ounling Practi. and have be¢n prep¥T¢d in ac¢ord&nee with the requirements of ihe charit1 Act 2011. Basts for opinion We Conduct our audit in &ccordan¢e with Internatiollal Standards on Auditing OSAS IUK}) and applicable law. Our rwnsibiliti¢s under those st8ndaxds are fillth¢r described in the auditor responsibilities for the audit of tht financial statem¢nts section of our report. We are independent of the charity in accord8n¢e with th¢ eihi¢al requirem¢nts that ar¢ relevant to OUT audit of the finan¢ial ststements in ihc UK, in¢ludin8 the FRC'S Ethi¢al Standard, and we have fulfilled our other ethical responsibilitic5 in actordn¢e with these requircments. We beli¢ve that audit evidence we hav¢ obtained is sutTi¢ieDt aDd appropri* to PTovid¢ 4 basis for our opinion. ConelusioDJ nlatlbg io concern In auditing the fitwieial stst¢m¢nt8, we have ¢onclud¢d that the tru5te¢s use of the going cojkem basis of accountin8 in the pr¢paTation of the financi815tatements is appropriate. Based on the work we have performed, we have not identified Y material un¢etsiDties relating to events or conditions th4L individually or Gollective]y. may cast significant doubt on the charity's ability to CQDtinue &s a goin8 concern for a p¢riod of at least twelve months from when the original financial Statements were aythoiise4J for i5SUe. Our tt$pOlbl11ti¢$ atMI the r¢s[nSI7)llIties of the trustees with r¢sped to going ¢ollcern d¢s¢ribed in the relevant Sections of this r¢port. Other infornwtlon The ttustee5 ore restM)nsible for the other infomlation. Thc other infonnation compris¢5 the infonnation inelude41 in the annual reFM)¢ oth¢r th4n the financi41 staterrtents and our auditor'5 report thereon. Our opinion on th¢ financiAI statements doe5 Jlot Cover the other inforniation and, ex¢ept to the extem otherwise expli¢itly stated in our r¢pori we do Mt express any form of assurance con¢lusion th¢r¢on. In ¢onnection with our audit of th¢ fiiMncial stat¢mei1ts. our re8pon5ibility is to read the other iDfom)atioll aT. in doing so. eonsider whether the other iDforniation 1$ materially incoftsiytent with the fmancia] stalements or our knowledg¢ obtained in th¢ audit or othen¥is¢ appears to b¢ materially misstattd. If we identify su¢h material inD5]StencieS or apparent materia] misstat¢ments. we ar¢ required to d¢temiine whether there is • matertal misstat¢m¢nt ID the rsnClaI stut¢m¢nts or a njaterial misstatement of th¢ other inforniation. If, bas¢d on the work w¢ have perforn)ed, WE conclude tbat there is a materiaj misstatement of this other 1ofornmtlo We 8re r¢qllired to rert thAt fact. We have n(thing to report in this ttgard. Page 9
Nottinghamshire Mind Independent Auditor's Report to the Members of Nottinghamshire Mind (continued) Matters on wbich we are required to report by ex¢¢ptioD In th¢ light of our knowledge aod understsndin8 of the charity and its ¢rtvironment obtained in the course of the udil w¢ have t identifi¢d material misstatements in the Truste¢5' Report. W¢ have nothin8 to report in respect of the following matters where the Charities (Accoul ond Report) Regulations 2008 requires us to report to you if. ITh our opinion.. adequate aecounthng r¢cords have not bEeD k¢pL or returns ad¢qu3te for our audit havc not been receiv¢d from bran¢hes not visired by us. or the financi st2¢emcnts not kn a8rEem¢nt with the accounting records and returns; or ccrtsin disclosures of tnthes remun¢ralioD spe¢ifi¢d by law are not madc. or we have not received Y411 th¢ Infornti( and explanations we require for our audit. RespoDsibilitieJ of truyttes As ¢xplain¢d more fully iti the Statement of Trustees, R¢Sn$1b11ItteS {s¢t out on page 7 and 8), th¢ trustce5 are responsible for the Preparation of the fina1] ststements 8nd for being ytisfied that they give o true and fair Vlew, 8nd for such internal wtstrol as the tntee$ d¢temiine is neecssary to enable the pr¢poration of fmon¢i81 Statements that ar¢ fre¢ from material misslatement, whether du¢ to fraud or error. lo wepariDg the fjnanrial stst¢ments. the tsvstees are responsible for ass¢s$in8 th¢ charity's abilty to continue as a 80in8 Gonc¢m, disclosing, as applicable, matl¢rs related io going ¢on¢ern and using the goin8 ei)n¢¢m basis of a¢wuntin8 unless the trustees ¢ither intend to liquidate the charity or to C¢85e operntions, or have no r¢alisti¢ alternative but to do so. Alldltor Responsibiliti¢$ for the #udit of the fiDallci#l Statements We hav¢ been appoinkd &% auditor under section 144 of the Chariti¢5 Act 2011 and report ID accordallre with the Act aDd relevant regulation5 made or having eff¢¢t thereunder. Our objective5 to obtsin reasonable &ssurdnc¢ about whether the fman¢iai statements as a wly)le ar¢ fr¢¢ from materia] mi55tatem¢nL whether due to frnud or ¢Tror. and to issue art auditovs report that ihcludes our opinion. Reasonable assurance is a high l¢v¢l of assurance but is t)ot a 8u*ranle¢ that an audit wnducted in accord¢¢ with ISAS IUK) will always detect a material misstatement when it exists. Mis$1¢ments can arise from fraud or error and are considered m&tcrial if, individually or in the aegrIte, they could re&qoDably be expected to influence the MOm1C derisitsns of users taken on the basis of the% fjnalltiai ststemthts. ITregularities, including fraud, are irtslan¢es of non-compliance with laws and regulations, W¢ desi8n procedur in line with our responsibilities, ouilithed &bove. to dete¢t Dydterial mis5tatement4 in respcct of irregularities, including fraud. The exmt to which our pro¢edures are ¢4pable of detecting irr¢gulaTitieB. including fraud. is detsil¢d below. Page 10
Nottinghamshire Mind Independent Auditor's Report to the Members of Nottinghamshire Mind (continued) The extent to which the sud1t5 considered clble of detectlng Irregularities including (rAud Our approach to identifyin8 and ass¢ssing th¢ risk of material misstatement irt r¢spect of irr¢gularitie4 in¢luding fraud and nOn-pIlacc with laws and regulations, was as follows.. The ¢ngagement partn¢r ensured the ert8gg¢ment team coll¢¢tively Iwl the appropriate comp¢t¢nc< capabilities and 5ki11s to identify or rogD1Se nonwmpliance wtth applicabl¢ laws and regulations. We id¢ntified the regul10$ appltcable to the chtty through diseu8sions with trustees and other manageJnenL aDd from ourknowledge and experience of the clwity sector; We focused on specifi¢ laws and Jygulotions whi¢h wr consider¢d may h¥v¢ a direct material effect on the fjD4nci81 ststeme]rts or the omions of the ¢haTity, in¢luding dats protection, anti-bnkny. ¢mployJn¢nl envxronmentsl and hcaith and safety legislatio We assessed th¢ extent of complian¢¢ with the laws and resulations Adcntiffft¢d at)ve through making ¢nquiries of rn8n8gement gnd Fnspe¢ting relevant correspondence. and Identified laws and regulatioths w¢r¢ communicated within the audit team rc8u]arly and the tea rem4in¢d aiert to instc¢S of non-wnpliathce throu8hout the audit. W¢ asses%d the suxeptibility of the Charity's finan¢ia] ststements to material misstatem¢nt, includin8 obtainiD8 understanding of how fr8ud might occur, by.. Moking enquiries of JnwJag¢m¢nt &8 to wher¢ they ¢onsid¢T¢d there svs¢eptibility to fraud. their kWItd8e of actual, suspected and all¢g¢d fraud. Q)nsidering the internal controls in place to rnitigate risks of fraud and non-compliance with laws and regulations. and Und¢rstanding the d¢sign of the chariry's remuncration policies. To address the risk of fraud through mana8cment bias overrid¢ of controls, we.. Perforn)ed #tlY11c31 pro¢¢dure5 to identify any unusual orunexpected relationthips. Test¢d journal entrie5 to identify uttwuai transactions. Awssed whether judgements and assumptions mlld¢ in deterniining the acntIng tstimatss were indic2tiYe of potential bias.. and Investigat¢d the rationale b¢hind $i1ficant or unusual transactions. In r¢SFrt)nse to the risk of intgularities 8nd Mn-complianc¢ with laws and regulations. we desi8ned procedwes which included, but W¢Te not linkited to: Agreeing fiD#ncia] stat•n¢ni disclosures to widerlying supporting documentation. Reading th¢ minutes of meetings of those ¢haTg¢d with governm.. Enquiring of rnatta8ement a5 to actua] and potential litigation and claims: and R¢vi¢wing correspondence with Tel¢vant regulators. ThEre are inherent limiia¢ions in our 8udit pro¢edure5 Ilescribed above. The mor¢ removed that law5 and regulatio are from finatt¢ial transactions, the less likcly it 15 that we would bewme oware of norfr¢ornplianc¢. Audiling stmdards also limit the audit pro¢¢durc5 requiTed to identify non-complian¢¢ law5 and regulations to enquiry of the trnStees and oth¢r management and the inspection of r¢gulatory and legal CorresndenCe, if lt¢rial misstatements that oriae due to frnud ¢an be barder to detect than that arise from error they may involve delib¢rate con¢eDlment or ¢ollusiott. Page 11
NottiDghwnshire Mind Independent Auditor's Report to tbe Members of Nottittghamshire Mind (conlinued) A fijrther d¢5cription of our resEwibilities 1$ available OD the FinAn¢iwl Rep)rtiDg Coun¢il's website at: httpsJlww.fr¢.org.uklauditorsrcsponsibilities. This description forms part of our ouditoe5 report. Use of our report This rep)rt is made solely to the charity triiste¢$, as a bdy, in accordan¢¢ with section 144 of the Charities Act 2011 8d regulations mad¢ under $¢cÉion 154 of that Act. Our audit work been und¢rt4ken 50 that we might statr to the trust¢¢s those mattery we arc requir¢d to State 10 trusttts in an auditors. report and for no other purpos¢. To the fullest extent p¢nnitt¢d by law, we do not a¢¢¢pl or assume resPOtLsibility to anyone other than the charity and its trustees a boty. for our alit worL for this report, or for the opinions w¢ have forn1. Melvin Bailey FCCA DC]L4 St4ttrtory Auditor Rogers Spencer Ne¢¥d Hous¢ Pelham Road Nottinghhm NG5 IAP 11 20ZI Melvin Bail¢y is eligible for appoitthe41t As audilor of the chariry by virtue of its eligibility foT appointment 0$ auditor of a Gompany under sKtion 1212 of th¢ Companies Act 2006. Page 12
Nottinghamshire Mind Statement of Financial A¢tiviti¢s for the Yr Ended 31 Mar¢b 2024 Tot#1 2024 Tot41 2023 Unrestrleted Restrirted IAeome and EndoMTrent8 from: rJ)natiODS and lega¢ie5 Charirable activities trtvestment iti¢om¢ Other incom¢ 1.252,022 85,863 7.793 1.252,022 126,738 7.793 86313 1.349.831 122,175 2,022 40,875 86,313 Totsl Jnron 1,345.678 127.188 1.472.866 1.474,028 EXpendItre on.. Chwitable tivitieS {1,322,666) (120,188) (1.442.854 {1.504.030 Total Expenditure Gaiti&qosses gn investment (1,322,666) (120,188) 1.442,854) (1.5,030) 86 86 35 N¢t movement in fimd8 23.098 7,O¢XI 30.098 (29,967) R¢conciiiation of Total fimds brought fonvard 635.509 635,509 665,476 Tota] fund5 carried fotward 17 658.607 7.000 665,607 635,509 All of the charity's xtiviti¢s dertve from ¢4)ntinuiDg op#4tlQDS during the above two periods. The fi]nds breakdown for the period i5 sknwn in note 17. Th¢ notcs on pa8¢s 17 to 27 forn) an intrgral part of thes¢ fman¢ia] statements. Pa8e 13
IYDttinghamshir¢ Mind Statement of Finan¢ial Activities for the Year Ended 31 March 2024 (continued) Tot•1 2023 Unrestritted ReitTiCted Nots Inrothe aDd EDdowments frnm: Donations and legacies Charitable aetiviti Inv¢5tsn¢ni IOn)e l J49.831 20,631 2,022 lJ49,831 122.175 2,022 101,544 Total Inwm¢ l J71484 101.544 1,474,028 Expendlturn tsn: Chgxitable a¢tivities (1.4014861 (101.544 1,504.0301 TotAI Exp¢nditure GainSA0s5 on invEstsDent assets 11.402,486) 35 101,544) (1,504.030 35 Net mOVe in funds (29,9671 (29,967) Retonelllatlon of funds Total funds brought forward 665,476 665,476 Totsl fiu)ds CWTied forward 17 635,509 635,509 The not¢s on pages 17 to 27 forni an integrdl part of these fina]87 ytatements. Page 14
Nottingham$hlre Mind (Reglstration Dumber: 1180346) Balance Sheet as at 31 March 2024 2024 2023 ]Yote Fixed 8sets Tangible as$¢ts Investm¢nts 13 12 255,297 386 259,869 300 255,683 260.169 D¢btors C&sh at bank and in hand 15 14 105.374 412,885 18,812 531,440 518.259 550,252 Credltors: Amounts fHlling due wlthln one yeAr Net turrent $$ets 16 (108,335} (174,912) 409,924 375.340 Net 8s8ets 665,607 635.509 ds of the eharity: Re8trlcted iDeome fvnds Restiicted fvnds 17 Unrtstrfded in¢rJm¢ UJ]restricted funds 658.607 635,509 Totsl funlts 17 665.4507 635,509 Thefi on pag¢s 13 to 27 re aPPTov¢d by the trustees, and authorised for issue on I I ed on their beha]f by.. sig Crai8 Grdnt Trustee The notes on pages 17 to 27 form an integra] part of these finan¢ial ststeihl•lts. Pag¢ 15
Nottinghamshire Mind Cash Flow Statement for the Year Endwj 31 March 2024 2024 2023 Note cth from operating activit1¢$ Net incomeJ{¢xpenditure) Adjuslments to eash flows frotn ilems Depreciation Ittvestment income Gain QT Ios5 01) irtvestm¢nts 30.098 {29.967) 15,616 {7,793) 186 37,835 14,807 (2,0221 351 (17,2171 WorkiDg capital adiuslments (Increaseydecre&8e in debiLYS nease1(decreaSe) in ¢reditors ik¢r¢8se in deferred incom 15 16 {86.5621 86,390 152,9671 (7,374) 48229 Net ¢ash flows from operating a¢tivitie5 {II5,304 28.598 Cash flows from investing •etivltfie% Interest re¢eivabl¢ and Similar income Purchase of an]e fixed sets Net cash Ilows from investing a¢iivities 7.793 (11.044 2.022 19,268) 13 17,246 N¢t decrtsse in cath and ¢a5h ¢quivalert% Cash and ¢ash quivalcnts ai l April Cash and c&h equivalents at 31 Mar¢h RetODeiliAtion trf Det ¢4sh flow to MOVenlI io et Decrease in cash (118,555} (45,844) 577284 531.440 412,885 531,440 1118.555) {45,844) 'et fvnds at l April 2023 Net fuTwJs at 31 M&r¢h 2024 531.440 577 284 412.885 531.440 All of the ¢&sh flows are derived from ¢ontinuing opeyations duriDg the al>ove Iwo peri& The notes on pages 17 trj 27 fonn an integrnl part of these fin8nciaJ statem¢nts. Page 16
1¥40ttinghamshire Mind Notea to the Financial Statemen13 for the Year Ended 31 March 2024 l Actoun¢lng polid Stltemettt of eomplinc¢ The fmancial statements have been prepared in aordance wtth the second edition of the Chariti¢s Siatcmcnt of Recommended Practice i5SU¢It in October 2019, the Financial ReN)rtin# Stsndard appltcable in the United Kingdom and Republic of tr¢l8nd IFRS 102) and the Charities A¢t 2011. BHsi8 of prepgr•tlon Notiirtghamshire Mind m¢¢ts the d¢finitioD of a publi¢ benefit entiry rtder FRS 102. Assets and liabilities aT¢ initial]y recogni81 at hisb)rical wst or trathsa¢tion value unless otherwise stated in the rtlevaDt xcounting li¢y notes. Coing eoncerD The financial statem¢nts have be¢tb prepAred on a 8oin8 concErn basis. The trustees assess wh¢th¢r the us¢ of going concern is appropriate i.e. whether there ar¢ any material uD¢¢rtainties r¢lat¢d to eveni$ or co1ltionS that may cast Si8nifi¢ant doubt the ability of the charity to ¢ontinu¢ as a 8oittg concern. The trustees mak¢ this ass¢ssment in respect of a peri<)d of one yw from the date of approva] of the fmanciai statcmcnts. Critic#] #ccountini •nd judgements In th¢ application of thc Gharity'5 accounting poli¢i¢s, the trustees are required to make judgemeTh estimates and assutnptiotts aiK)ut the carying arnot of assets and liabilities that are not readily 4ppareni frotn other sources. The estimates and t$8ociated 1¥sptIOns are based on historical expcrienee and other factor5 that ar¢ considered to b¢ r¢l¢van¢. A¢thal sUlts may differ from thtse estirnats5. Th¢ ¢stimates at)d urtderlying a5SUmPtion5 are reviewed on an ongoing basis. Revisions to accounting estintstes are recognised in the period in which thc estimate i$ r¢vis¢d wh¢re the r¢vision afftcts only that period. or in the period of the revision and futur¢ period5 wh¢r¢ the Tevision afftcts current future p¢riixl5. lttcomt nd endDvmi¢llts Voluntary income including donations, gits, kga¢ies at)d grants that provide core fundin8 or are of a gen¢ral nature is T¢cognised wthen th¢ ¢hariry has entitlement to the income, it is probable that the incomc will be re]Ved and th¢ aDX)unt Can be me4sur¢d with suffi¢ient reliability. D•nolions ondlegacies Dollations legacits ue reCOlsed on a re¢¢ivable bASiS ithen receipt Is probabl¢ and the arnonI can b¢ reliably mra5ured. Grnnts r¢cdvuble Grants are recognis¢d when ihe ¢harity has aD entiti¢rtteDt to th¢ fimds ond any conditions link to the grants have been md. Where perfornunce conditions are attached to the grant and are yet to be met, the Ille i5 rewgnised as a liability and included on the b8lan¢e the¢t as deferred income to be relwed. Pa8e 17
ottinghamshire Mind Notes to the Ffiknanelal Statements for tb¢ Year Ended 31 March 2024 (tontinued) Def¢ttedin¢o Ikferred income represents amounts received for firtu]r periods and is rele&8ed to incoming resouwes in the period for which. it ha5 been rec¢iv¢d. Such ineonhe 15 0È)ly deferred wh¢D.' - The donor sp¢cifies that the gr8mt or donation rnu5t onfy b¢ used in fvtUTe accountin8 periods. or - The donorhas imp)sed condilioEhS which must be mct before the charity has unconditio7 entitlement. Incoming r¢source$ frorn tax r¢¢laims are included in the Stat¢m¢nt of Financial Activities at the sam¢ time as th¢ gift to which they relate. Dividends are recL)gnised ot>c¢ th¢ dividend been de¢lAr¢d and notification has been re¢eiv¢d of th¢ dividend due. Exp¢ndlture AU expendithrt is &iSed once thert is a l¢gal or LX)tL8tructive obligation to that ¢xpenditur< it ig probable settlement Is requlred and the amount cDn be measured reliably. All costs are allocated to the applicable expenditure heading that aggregates Jimilar costs to that category. Where costs cannot be diTe¢tly attributed to parti¢ular headings they h8ve been allocated on a basis consisknl with th¢ use of resour¢es. with central stsff Costs ajlocatrd ott th¢ basis of tim¢ spent, and depr¢¢iation charges allocated on the portion of the &s$et's use. Other support wsts ar¢ allocated bas¢d OM the spread of staff costs. Ch4Ti14ble adevilies Ch7t8b1c expenditur¢ ¢ompris¢s those costs incurred by the charity in the delivery of tts activities 8nd Servi for its beneficiarie5. 11 includes both costs that can be allocated dirKtty to such activities and those ¢osts o indirnct nature necess to support th¢m. Goverts*Dc¢ costs Th¢se include the costs attributsble to the chity'S ¢ompliancc with constitutional and ststutory requiremenlg. includin8 audit, stralegi¢ manag¢m¢nt and tsu5tee5 meetings and r¢tmbur5ed expenses. Government Government grgmts are rewgnised basrd OE) th¢ a¢¢ru21 model and are measured at the fair value of the dsset received or rer¢ivabl¢. Grants are classified as rel8tiDg either to revenue or to assets. G[ts relating to revenue are re¢ognised itl in¢ome ov¢r the pcriod in which the related costs are rtco8nis¢d. Grants r¢latin8 to assets are recognised over the cxpected usefvl life of the as8el. part of a grant relating to an asset is def¢rT¢d, it 15 r¢¢ognis¢d as deferred income. The charity i5 Wld¢d to pass the tests set out in Par88raph I Schedule 6 of the Financ¢ Act 2010 and thereforc it meets the definition of a charitable COTnpan} foT UK corporation tax puiyos¢s. Acwrdingly, the ¢harity is potentially exen]pt from taxation Ao respe¢1 of income or ¢gpital gain5 r¢¢¢ived within cate8OrieS cover¢d by Chapter 3 Part I l of the Corporation Tax A¢t 2010 or Section 256 of the Taxation of Chargeable Gains Acl 1992. to the eXt that such income or 8ains applied ¢I1velY to charitable purposes. Poge 18
Nottinghamshir¢ Mind Notes to the Financial Statements for the Yvar Ended 31 March 2024 (eontinlled) T#tiKible uiets rndividual fixd assets co$tiD8 £500.00 or more are initially recordgj at St. Deprtclilion 4wd mortls•don D¢pr¢¢iation is provided on tangible fixd a&gets so as to MTite off th¢ ws¢ or valuation. Icss any ¢stimated r¢sidual value. over their exfved usefijl t01¢ life as follow5: Asset class Land buildings Furniture and equipmtht Computer equipment Depreciation mrthod Ind rate 2¥0 straigbt lille 20Q/fy Straight line 33.3°A slrnight line Flvd sset investments Fixed &%set inveskn¢nts, other thatt pro8raJDm¢ rel?t¢d investments. ar¢ Includ at market value at the balance sheet date. Realised gains atkd losses OD invesbnents ar¢ ¢al¢ulated as the differen¢¢ between sales pro¢¢eds and th¢ir matet Volue at the start of the yw, or their subsequent COSL aDd are eharged or ¢redited to the Statement of Fina7&1 Activities in the perlod of di$SaI. Unrealised 8aiu and losses r¢pr¢sent the rnovcment in mark¢t valu durillg the y¢ar aDd are ettditsd or chw8ed to th¢ Statement of Finattctal Acttvitiei based on the market value at the year end. Tr•de d•btor6 Trade debtt>rs aT¢ am¢xmts due from ¢usthers for merchondise sold or servtces perfonned in the ordinary ur5e of business. Trade debtors ate rttognised initially at the transactioTh pri¢¢. They are subsequently rn¢asur¢d at amortiscd cost using the effective interett method, less provision for impairnient. A provision for th¢ itnpairmcnt of d¢biors is established when there 1$ obj¢¢tive evidence the charity will not b¢ able to collect a]1 amounts due a¢¢ordiog the Oli1 tenns of th¢ re¢¢ivables. Ca&h And csb equlv8lents Cash and cash equivalents comprise cash on hand and deposits. and other short-teml highly liquid investments that are readily convertible to a known amount of c&th and are subject to insignific2n¢ risk of Change in value. Tride ereditDr8 Trade creditors are obligatioh$ to pay for goods or servi¢e$ that have been acquir¢d in thE ordinary Course of business from supplier5. Accounts payable ar¢ classified as current liabiliti¢s if the chority doe5 ool hhvc an unconditional right. at the end of th¢ repIng p¢riod. to defer settlement of the credttor for at least twelve rnottths after the re[]ng date. If there is an unconditlonal right to defer sdd¢ment for at least tw¢lve month5 aftcr the reporting date, they are presented as no1crrent li8biliti¢5. Trade creditors are COgnIsed inittaily al the transaction pri¢¢ and subsequently mwured at amortis¢d cost ing th¢ ¢ffectiv¢ interest method. Fund struethre Unrestricted incom¢ fun¢ts are general funds that are available for use at the trustees, discretion in fvrtherance of th¢ objectives of the chariry. Pa¥e 19
Nottinghamshire Mind Notes to th¢ Financial Statemtnts for th¢ Year Ended 31 Mareh 2024 (continued) Restricted income fund5 are thos¢ donated for use in & parti¢u18r ar¢a or for specifi¢ pu9$¢. the use of whi¢h l5 restricted to that areaor purpose. Pensions other post retirement obllytiolls The ¢harity' operates a drfirted contribution pcnsitsrt $¢hem¢ for thploytts. The assets of the scheme are held separnt¢ly from those of the chartty. Pension eosts charges ill th¢ St4t¢mtht of Financial Activities represent the contributions payable by the Charity durin8 the year. 2 IneoJDe froln and legAC Vnr¢stritted Total 2024 Totsl 2023 Genernl Donations and leg4cLe5" Donations frorn companie& twsts and similar proc¢¢ds txgacies Grants, includÉng ¢apitsl grant5" Government grants Grants frgrn other clwities oth in¢om¢ from dottalions and legacies 52.982 52.982 18,368 .074,508 65,888 58,644 1.074.508 65,888 58,644 1.252,022 1,245.597 24.999 60,867 1252,022 1,349,831 3 1llvestm¢nt intomt UDrestricted funds Gentrnl Tgt•l 2024 TotAI 2023 Intetesi r¢¢eivAble and sirnilar inrom¢' Interest receivAbl¢ on bank deposits 7,793 7,793 2,022 4 Income from chAtblt •ctivitlei Unrntricted funds Gener*] Restricted ds Totsl 21124 Totsl 2023 Client contributiOE]s & fees Contracts 22,147 50,962 22,147 50.962 40,875 11.840 914 7,3 18 51,315 63,294 40,875 Rrn hi sttdry 11.840 914 248 85.863 40,875 126.738 122,175 Pa8e 20
Nottinghamsbire Mind Not to the Financial Statements for the Year Ended 31 March 2024 (wntinu¢d) 5 Other intomè Rertrieted Totsl 2024 Totsl 21123 In$UTrn reclaims 86.313 86,313 6 Expondlture •D tb#ritAbl¢ a¢tiYlties UDrestrithd fund5 GeTreTg1 R¢$trieled rund5 Tot*1 2024 Totsl 2023 Activities & moterials Affiliations, sub5CriPtions & li¢¢n¢¢s Bank ¢harges & fees Cleanittg & hygiene Depreciation Equipment & maintenance Freelan¢¢ training & delivcry Fundraising & pub]icity Hospitality & sifts Household & refr¢slJments IDsuran¢¢ tT, database & website gat & professiotl fees Pr¢mis¢s moxtttenancc & security Printing, w)stage & ststitsn¢ry Rent & room hire Recrnitmcnt Salarie& NI & pension Stsff training & 5upeTvision Staff trav¢l & subsist¢rtcc Sundry expenses T¢l¢phone & internct Volunte¢r & trustKs' ¢xp¢nses Utilities & rdtts Sessional & agency staff GTant5 awarded 11,978 11,978 8,924 6,709 642 7,389 15.616 1,329 11,823 2,210 6,709 642 7,389 15.616 1,329 11.823 2210 251 4236 18,777 39.531 24.093 90.618 12,515 21,439 333 1,070,545 5,424 21,087 313 4,689 543 4.850 14,807 37.727 9.954 2,306 505 3,014 13,240 49,159 15.633 7,521 13,455 39.680 8,027 1.186,371 9.023 26.120 939 17,578 5,091 15,624 4236 18,777 39.531 24.093 IIJ05 12,515 21,439 333 1.029.670 5,424 21,087 313 6,864 3.617 26.146 38.245 1,124 79,313 40.875 3,617 26,146 38.245 1,124 9.248 1.322,666 120.188 1.442,854 1,504.030 Ptge 21
Nottinghamshire Mind Notes to the Fin&neial Statements for the Year Ended 31 March 2024 {continued) 7 Net infomiDg/owlgoing rewure Net in¢Ornin(0u8olng) r¢source5 for the year includ¢.' 2024 2023 Audit fees Depreciatio of fLxed assets 6.600 14,807 15.616 8 AnAIy3is of goverBan¢e #nd support tojts Support costs hav¢ not been separately allocated gnd disclosed as the Trustees believ¢ tbey ar¢ immat¢ri41 to the fInCIal 5tatetnents. Govtrnan¢¢ Unrestricted fuDds Gener] Tot•1 2024 T4)ts1 2023 Audit fees Adit of the financial statem¢nts Other gov¢mance costs 6.900 1,860 6,900 1,860 6,600 1,626 8,760 8,760 8.226 9 Stsff costs The aggregate payroll ¢osts were os follows.. 2024 21llJ Staff tosts 41uring the year were: Wageg and salAries Swi¥l Security ¢o$ts PeThsion costs Y80.515 70.774 19,256 1.089.883 77,930 18.558 1.070,545 1.186.371 The monthly overag¢ nutnber of person5 (includin8 senior managetnent ttam) employed by the ¢harity during th¢ yrdr was as follows: 2024 2023 Average of employees 53 66 Page 22
NOttingh8hlre Mind Notes to the Financial StAtements for the Year Ended 31 M4rch 2024 (¢ontinued) 4712023- 52) of the above ¢mployees participated in th¢ D¢fll)ed Contribution Pension Schemes. Contrib10 to the employee pension sehemei for the year totslled £19.256 (2023- £18.558). No employ¢¢ r¢¢eived emolumeftts of mor¢ than £60,000 durin8 the year The number of employe¢s VA¢ emoluments fell within the following bands was: 2O24 2023 £70,001- £80,000 The total ¢rnployee benefits ofthe key tnana8ement personnel of the ¢hwity wcr¢ £106,395 (2023 - £134386). 10 Audttor's remunerAtlon I)UTing th¢ period. the fees payabl¢ (ClUding VAD to the charity's auditor, Roger spen wgs aa follows.. 2024 2023 Audit 5,500 5,750 5500 IA Taxatlo The charity is a registered charity is th¢refore ¢xempt from taxation. 12 Flxed *ss¢t investments 2024 2023 Other inve51ments 300 P¢ 23
Iyottinghamshire Mind Notes to the Finonci&l Statements for the Year Ended 31 March 2024 (continued) Otber IVeStMentS Listed Anvestments TotMI Cost or Valuatio At l April 2023 R¢vaiuation 300 86 300 86 At 31 March 2024 386 386 Net book vlue At 31 Marth 2024 386 386 At 31 2023 300 300 13 Tanglbl¢ red 855ets Lgnd buildings Furnilure and wuipm¢nt Computer e41pMllt To¢•1 Cojt At l April 2023 Additions 358.740 7,000 7.766 4.044 25,459 391,965 11,044 At 31 Mard) 2024 365.740 1,810 25,459 403 009 Dtprecl4tion At l April 2023 Charge for th¢ year At 31 March 2024 113,697 6.652 7,)94 933 11.005 8,031 li2,096 120,-349 8,327 19,036 147,712 Net book value At 31 March 2024 245,391 3,483 255297 At 31 Mah 2023 245,043 372 259.869 During the year, on¢ of the properties suffered from flood damuge. The Thet book value of this property at the year end 31 .M¥rth 2024 w&$ £1 I Ik. Repair costs incurred will be cov¢red by an insurance Claim of £IOOk, which received in Augusl 2024. 14 C•$b #nd tash eqllivalents 2(124 2023 Cath on hand Cash at bk 107 412.778 108 531,332 412.885 531,440 Page 24
Nottinghamshire Mind Notes to the Financial Statements for tbe Year Ended 31 March 2024 (continued) IS Debtors 2024 2023 Trade debtors Prepaym¢nts Other debtors 16.435 2.584 86,355 12,140 4,330 2.342 105.374 18.812 16 Credl¢ors: hllin% due withiD one yr 2024 2023 TTade cr¢ditors Other creditor3 Awruals D¢ftrred income 21.701 15.714 67,116 3,804 4,454 13,687 156,771 174,912 108.335 D¢f¢ed incomA as shown aFx)ve> reptts¢nts rn d¢f¢rrals. 17 Fllttds Balance t i Aprll 2023 Other reeognlsed Insl(1055&) Rt4ource expended 31 M4reb 2024 resource8 UnT¢Jtrl¢¢¢d (undB Gawernl General fimd Revaluation re5crYe 563,732 71,777 1.345.678 (1.322,666) 86 586.830 71,777 658,607 635,509 1,345,678 (1,322,666) 86 Restrleted fundi Capital Additio Notiinghamshire County Council (Salaries) 86.313 (79,313) 7.000 40,875 (40,875} T•)tl rtstTirted fimds 127,188 120.188) 7.000 TotAI funds 635.509 1,472,866 (1,442,854) 86 665,607 Page 25
Nottinghamshire Mind Notes to the Finallcial Statemetsts for the Year Ended 31 Mareh 2024 (continued) Other Re50urres recognised ewded yiwloosses) Bal•te at I April 2022 Incomini r¢s0tej 31 March 2023 Uorutri¢ted fi$ G&Yernl General fund Revaluation r¢$erve 593,699 71,777 l J72,484 (1,402.486) 35 563.732 71,777 665 476 1,372,484 1.402.486 35 635.509 Rtgtri¢ted Nottingharnshire County Cowi¢il ISalaTie5) Citiztns Advi¢e (S81aries) Natiottal Lottery Community Fund LLR {Salary) 40,875 38,250 {40,875> {38.250) 9,919 12,500 (9.919) (12,500) Totsl rtstrleted fvnds 101.544 101,544) Totsl funds 665.476 1,474,028 (1.504,030 35 635,509 The specific purposes for whith the fiLnd$ are to be applied are a5 follows.. Nottin8hgmshire County Council Salary fvnd Wds to sa]ari¢s for related project WOTk¢rs. The Capital Addrtions fund r¢lat¢s to the insuran¢e Claims on th¢ property in Worksop. Last year there were algo the following funds: Citizens Advi¢¢ SalaT)' fund was to fund $01aries for rclated proje¢t work¢rs: National Lott¢ry Community funding was forthe #Well project and was all spent in the yeaT' LLR Salary fjjrtd was nding from from Coventy & wwIcksh1rt Mirtd for ih¢ LLR Salaried post. 18 AnAly$l8 •fnet assttF b¢¢w¢en fuDd5 Unrestiitttd 21124 Totsl fuDd8 Gtntral Restrffietsd Tangible fjxed 855ets Fixed Asset inveslm¢nts Current sEts CurT¢nt liabilitie5 248,297 386 431,946 (22.022) 7,0110 255.297 386 518,259 {108,335 86,313 186,313 Total net assets 658.607 7,000 66S.607 P¥ge 26
Nottinghamshire Mind Notes to the Financial StAtements for the Year Ended 31 Mareh 2024 (eontinued) UDreJtriet¢d 2023 Totsl GtrAI Tan8ible fixed Sets Fixed &5set investments Cuyretrt assets Cuttent liabilities 259,869 300 550.252 (174,912 259.869 300 550.252 174,912 Total ttet &ssets 635,509 635,509 19 Obligations upder leales #Dd hi prthS¢ ¢oDtracts Operthig luse commitrnemts Total fvture mitiimum lease paym¢nts der Thon¢¢]1able operaliD81¢&8es Ar¢ as follow3: 2024 2023 Other Within one year 7,419 2,148 tLase paym¢nls TCEn15¢d as an expense for the period under review totalled £7,770 (2023: £6,624) 20 Related party tr•n$aedollS Ther¢ w¢r¢ no r¢lated party trarL%aCtiO in the year or in the previous yetr. 21 Trustees rtmun¢rgli&n •Md expenses No tnth, nor any p¢rsons ¢onneLaed with th¢m, have Te¢eiva aDy remunerntion from tb¢ charity during the yr or in the previous ye&r. No ttust¢es have rec¢iv¢d gny Teirnbursed expenses or atty other ben¢fits from the charity during the y. Page 27