**REGISTERED CHARITY NUMBER: 1180834** Trustees' Report and Financial Statements for the Year Ended 26 May 2023 for Mind2Muscle V & R Accountancy Services Limited Chartered Certified Accountants Cropton House Three Tuns Lane Formby Merseyside L37 4AQ Mind2Muscle Contents of the Financial Statements for the Year Ended 26 May 2023 |||Page|| |---|---|---|---| |Trustees' Report|1|to|2| |Independent Examiner's Report||3|| |Statement of Financial Activities||4|| |Balance Sheet||5|| |Notes to the Financial Statements|6|to|9| |Detailed Statement of Financial Activities||10|| Mind2Muscle Trustees' Report for the Year Ended 26 May 2023 The trustees present their report with the financial statements of the charity for the year ended 26 May 2023. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019). ## **OBJECTIVES AND ACTIVITIES** ## **Objectives and aims** Object of the CIO is to relieve the symptoms, slow the progression and improve the physical wellbeing and promote and advance the health of persons suffering from: (a) Parkinson's (b) Other neurological conditions - (c) Mental Health Conditions, - (d) People at risk of social exclusion In each case in the United Kingdom and through the development and provision of an intense and structured exercise program based around rehabilitation through sport, boxing techniques and other strength training and conditioning techniques and methods and the training of coaches to deliver such a program. ## **Significant activities** To promote activities that have a proven beneficial effect on health and wellbeing for those with Parkinson's, neurological and mental health conditions, and those at risk of social exclusion due to age, disability, ill-health, minority ethnic communities. ## **ACHIEVEMENT AND PERFORMANCE** ## **Charitable activities** Having ensured our services have reached the objects of the charity including providing services to improve lives with a continued emphasis of Rehabilitation for neurological conditions and beneficial resources for mental health and reducing isolation. Our rehabilitation centre continues with clinical assessments and therapy and has aided in helping people with day to day living, managing their neurological conditions effectively and overcoming challenges faced after a neurological diagnosis. We aim to progress further and continue in the development of rehabilitation centres in more areas of the country. Support from funding streams and grant schemes along with potential sponsorships will be sourced to continue our rehabilitation services to provide ongoing and long-term engagement in our communities. We thank those that have provided such funding/grants. Critical to successful applications for funding/grants in the future is our ability to match are charity purpose to their criteria. Further information is available on the Mind2Muscle website including a donation section. ## **FINANCIAL REVIEW** ## **Principal funding sources** The Principle sources of funds have been grants. ## **STRUCTURE, GOVERNANCE AND MANAGEMENT** ## **Governing document** Mind2Muscle is a Charitable Incorporated Organisation (CIO) registered with the Charity Commission on 26th November 2018. ## **Recruitment and appointment of new trustees** In selecting individuals for appointment as charity trustees, the charity trustees have regard to the skills, knowledge and experience needed for the effective administration. Trustees in office may nominate persons to be appointed as new trustee. Any appointment must be made at a meeting held according to the ordinary practice of the appointing body. ## **Risk management** We have recognised a risk of insufficient income and reserves to expand our services as the charity is still affected by the impact of the Covid 19. We will mitigate the risk with fundraising and events Page 1 Mind2Muscle Trustees' Report for the Year Ended 26 May 2023 ## **REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number** 1180834 ## **Principal address** Euro House The Guide Business Centre School Lane Blackburn Lancashire BB1 2QH ## **Trustees** Mrs C M Kershaw Ms LK Kershaw LB Brown C Lambert (appointed 1.2.23) B Gavahan (appointed 1.2.23) ## **Independent Examiner** V & R Accountancy Services Limited Chartered Certified Accountants Cropton House Three Tuns Lane Formby Merseyside L37 4AQ Approved by order of the board of trustees on 8 March 2024 and signed on its behalf by: Mrs C M Kershaw - Trustee Page 2 Independent Examiner's Report to the Trustees of Mind2Muscle ## **Independent examiner's report to the trustees of Mind2Muscle** I report to the charity trustees on my examination of the accounts of Mind2Muscle (the Trust) for the year ended 26 May 2023. ## **Responsibilities and basis of report** As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act. ## **Independent examiner's statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or 3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. G J Rummens FCCA V & R Accountancy Services Limited Chartered Certified Accountants Cropton House Three Tuns Lane Formby Merseyside L37 4AQ 8 March 2024 Page 3 Mind2Muscle Statement of Financial Activities for the Year Ended 26 May 2023 |||26.5.23|26.5.22| |---|---|---|---| |||Unrestricted|Total| |||fund|funds| ||Notes|£|£| |**INCOME AND ENDOWMENTS FROM**|||| |Donations and legacies||60,490|16,103| |**EXPENDITURE ON**|||| |Raising funds||28,281|4,741| |**Charitable activities**|||| |Charitable activities||25,158|12,734| |**Total**||53,439|17,475| |**NET INCOME/(EXPENDITURE)**||7,051|(1,372)| |**RECONCILIATION OF FUNDS**|||| |Total funds brought forward||1,878|3,250| |**TOTAL FUNDS CARRIED FORWARD**||8,929|1,878| The notes form part of these financial statements Page 4 Mind2Muscle ## Balance Sheet ## 26 May 2023 |||26.5.23|26.5.22| |---|---|---|---| |||Unrestricted|Total| |||fund|funds| ||Notes|£|£| |**FIXED ASSETS**|||| |Tangible assets|4|633|844| |**CURRENT ASSETS**|||| |Debtors|5|1,742|615| |Cash at bank and in hand||7,539|659| |||9,281|1,274| |**CREDITORS**|||| |Amounts falling due within one year|6|(985)|(240)| |**NET CURRENT ASSETS**||8,296|1,034| |**TOTAL ASSETS LESS CURRENT**|||| |**LIABILITIES**||8,929|1,878| |**NET ASSETS**||8,929|1,878| |**FUNDS**|7||| |Unrestricted funds||8,929|1,878| |**TOTAL FUNDS**||8,929|1,878| The financial statements were approved by the Board of Trustees and authorised for issue on 8 March 2024 and were signed on its behalf by: C M Kershaw - Trustee The notes form part of these financial statements Page 5 Mind2Muscle Notes to the Financial Statements for the Year Ended 26 May 2023 ## **1. ACCOUNTING POLICIES** ## **Basis of preparing the financial statements** The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. ## **Income** All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. ## **Expenditure** Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. ## **Tangible fixed assets** Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Fixtures and fittings - 25% on reducing balance ## **Taxation** The charity is exempt from tax on its charitable activities. ## **Fund accounting** Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. ## **2. TRUSTEES' REMUNERATION AND BENEFITS** There were no trustees' remuneration or other benefits for the year ended 26 May 2023 nor for the year ended 26 May 2022. ## **Trustees' expenses** There were no trustees' expenses paid for the year ended 26 May 2023 nor for the year ended 26 May 2022. Page 6 continued... Mind2Muscle Notes to the Financial Statements - continued for the Year Ended 26 May 2023 |**3.**|**COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES**|| |---|---|---| |||Unrestricted| |||fund| |||£| ||**INCOME AND ENDOWMENTS FROM**|| ||Donations and legacies|16,103| ||**EXPENDITURE ON**|| ||Raising funds|4,741| ||**Charitable activities**|| ||Charitable activities|12,734| ||**Total**|17,475| ||**NET INCOME/(EXPENDITURE)**|(1,372)| ||**RECONCILIATION OF FUNDS**|| ||Total funds brought forward|3,250| ||**TOTAL FUNDS CARRIED FORWARD**|1,878| |**4.**|**TANGIBLE FIXED ASSETS**|| |||Fixtures| |||and| |||fittings| |||£| ||**COST**|| ||At 27 May 2022 and 26 May 2023|1,500| ||**DEPRECIATION**|| ||At 27 May 2022|656| ||Charge for year|211| ||At 26 May 2023|867| ||**NET BOOK VALUE**|| ||At 26 May 2023|633| ||At 26 May 2022|844| continued... Page 7 Mind2Muscle Notes to the Financial Statements - continued for the Year Ended 26 May 2023 ## **5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR** ||||26.5.23|26.5.22| |---|---|---|---|---| ||||£|£| ||Other debtors||1,742|615| |**6.**|**CREDITORS: AMOUNTS FALLING DUE WITHIN ONE**|**YEAR**||| ||||26.5.23|26.5.22| ||||£|£| ||Trade creditors||-|120| ||Other creditors||985|120| ||||985|240| |**7.**|**MOVEMENT IN FUNDS**|||| ||||Net|| |||At|movement|At| |||27.5.22|in funds|26.5.23| |||£|£|£| ||**Unrestricted funds**|||| ||General fund|1,878|7,051|8,929| ||**TOTAL FUNDS**|1,878|7,051|8,929| ||Net movement in funds, included in the above are as follows:|||| |||Incoming|Resources|Movement| |||resources|expended|in funds| |||£|£|£| ||**Unrestricted funds**|||| ||General fund|60,490|(53,439)|7,051| ||**TOTAL FUNDS**|60,490|(53,439)|7,051| ||**Comparatives for movement in funds**|||| ||||Net|| |||At|movement|At| |||27.5.21|in funds|26.5.22| |||£|£|£| ||**Unrestricted funds**|||| ||General fund|3,250|(1,372)|1,878| ||**TOTAL FUNDS**|3,250|(1,372)|1,878| continued... Page 8 Mind2Muscle Notes to the Financial Statements - continued for the Year Ended 26 May 2023 ## **7. MOVEMENT IN FUNDS - continued** Comparative net movement in funds, included in the above are as follows: ||Incoming|Resources|Movement| |---|---|---|---| ||resources|expended|in funds| ||£|£|£| |**Unrestricted funds**|||| |General fund|16,103|(17,475)|(1,372)| |**TOTAL FUNDS**|16,103|(17,475)|(1,372)| A current year 12 months and prior year 12 months combined position is as follows: |||Net|| |---|---|---|---| ||At|movement|At| ||27.5.21|in funds|26.5.23| ||£|£|£| |**Unrestricted funds**|||| |General fund|3,250|5,679|8,929| |**TOTAL FUNDS**|3,250|5,679|8,929| A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: ||Incoming|Resources|Movement| |---|---|---|---| ||resources|expended|in funds| ||£|£|£| |**Unrestricted funds**|||| |General fund|76,593|(70,914)|5,679| |**TOTAL FUNDS**|76,593|(70,914)|5,679| ## **8. RELATED PARTY DISCLOSURES** There were no related party transactions for the year ended 26 May 2023. Page 9 Mind2Muscle Detailed Statement of Financial Activities for the Year Ended 26 May 2023 |Detailed Statement of Financial Activities
for the Year Ended 26 May 2023||| |---|---|---| ||26.5.23|26.5.22| ||£|£| |**INCOME AND ENDOWMENTS**||| |**Donations and legacies**||| |Grants, donations and legacies|60,490|16,103| |**Total incoming resources**|60,490|16,103| |**EXPENDITURE**||| |**Other trading activities**||| |Purchases|24,940|4,741| |Wages|3,341|-| ||28,281|4,741| |**Charitable activities**||| |Rent and rates|6,750|-| |Insurance|1,063|863| |Light and heat|459|-| |Telephone|1,184|891| |Postage and stationery|17|-| |Advertising|571|1,750| |Sundries|131|99| |Sub contractors|280|1,437| |Travel expenses|8,300|5,804| |Repairs & renewals|6,000|1,409| |Depreciation of tangible fixed assets|211|281| ||24,966|12,534| |**Support costs**||| |**Finance**||| |Bank charges|72|80| |**Governance costs**||| |Accountancy and legal fees|120|120| |Total resources expended|53,439|17,475| |**Net income/(expenditure)**|7,051|(1,372)| This page does not form part of the statutory financial statements Page 10