Devon
Devon Mind
TRUSTEES, ANNUAL REPORT
AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 March 2024
Registered Charity No: 1181767
Registered Company No: 10281020

Devon
Devon Mind
REPORT AND FIP4ANCLIL STATEl￿ENTs
FOR THE YEAR ENDED 31 MARCH 2024
CONTENTS
Page
Trust¢¢s' Annual Report
Independent Examiner's Rew)rt
16
Statemenl of Financial Activities
17
Statement of Financial PositÈon
Statement of Cash Flows
19
Notes to th¢ Accounts
20-39

Devon
TRUSTEES. ANNUAL REPORT
The TTUStees, who ar¢ also the Directors of the charity for the purposes gf the Companies ACL present their Amiual Report and
the Financial Staiernents for the year ended 31 Mareh 2024. The trustee5 have adopted the provisions of the Statement of
Recommended Practice (SORP) "Accounting and Reporting by Charities" (FRS 102} (second edi(ion
preparing the annual report and financial statements of the chaTity.
October 2019) in
Objectives and Aetiviti¢s
Devon Mind is an independ¢nt ¢harity affiliated to national Mind. We adhere to national Mind's vision.. 'We won't give
tsp until everyone experEencing a mental health problem gets both support and respect,. We work to promote wellbeing
and prevent m¢ntal health problems in Devon.
Devon Mind'5 Articl¢s of Association Sets out th¢ prtnciple orgallisational purposes, which are for the public benefit
and are compatible with the requirements of the Charities act 2011.
These are..
l. To promote the pr¢5¢rYation of mental health and to assist in relTeving and rehabiliraiing perso7Js suffering
from mentsl disorder5 or conditions of emotiona] distress requiring advice and tr¢atmenL in association with
Mind (National Association for Mental Health) in accordance with the aims and objectives of Mind (NAMH).
2. To promote the study of and research into mentsl health di50rder and emotional orrnental distress and to obtain
and make records of and dissetninate information ¢oncernin8 the $2me to educate the public in matters relaiing
to m¢ntsl health.
In addition, Devon Mind specifically aims to..
Provide OPE￿lEnItieS for recovery for those who hav¢ ¢xp¢rience of mental health problems.
Encourage and empower people with mental health problems io work towards Teaching their potential as fidl
members of society.
Raise public awar￿¢S5 of mental health issues.
Provide appropriale community savices for pe()ple to complement statutr)ry servic¢s.
Our Vlslon
Our vision ts of a society that promotes and protects good mental health for all and treats people wilh experience of
mental ill health faitly, positively and with respect. We work in partnership with national Mind and with other Local
Min(Ls to provide inforn]ation and supwrt and io carnpai￿ to improve p)licy and attitudes.
Our Mission
To ensure that Devon i5 a pla¢¢ where people can enjoy good m¢ntal health and have the opportunity to reach their
poteniial.
Our Values
Our values are at th¢ heart of everything we do..
Open-we reach out to anyone who needs us.
Togeth¢r- we're stronger in partsiership:
Responsive- we lisien. we act.
Indcpendent- we speak out feaTlessly-
Unstoppable-we never give up.
EnsuriDg our work delivers our alms
Wecontinually reviewour airns. objectives and actLVlties in away that involves input from all Devon Mind stakeholders..
tTuslee& staff. volunteers, and service-users. This includes..

Devon
TRUSTEES, ANNUAL REPORT Cotstin￿ed
Quarterly review of perforrnance, quality. and finance through standing board subcommitttts (Quality and
Standards. Finance and Resources).
Annual 'AII Devon Mind, Away Day- this is an opportunity to look back at the previous y¢ar, and to plan for the
year ah¢ad.
Quarterly 'AII Stsff and Volunteer. meetings ihrough which consultacion. dev¢lopmenL impa¢t monitorin&
evaluation and feedback are key themes for discussion on an ongoing basis.
Motjthly departmental team me£tinBs that continually rnonitor how services are meeting the needs of the
communities we 5¢rve.
Co-production wilh OUT sthvice-users. users of wider mental hea]th setviees, careT& professionals and volunteers
to ¢n5UTe that the voic¢ of lived experience is a golden thread in the work of Devon Mind.
The ft)eus of 0￿r work
Our main obj¢ctives for the year eontinu¢d io be the support of peopl¢ in Devon who are affected by mental ill health. A
comprehensiv¢ Outline of all our a¢tivili¢s for the period is provided in Section 4. Review of Activities. In addition to
providing opportunities for people to acee55 a wide variety of mental health supporL we continu¢ to raise awareness of
mentsl health through our training programlnes and communicaiions work.
Ourserviceshave developed over time accordingto theTJe¢ds ofow community, the funding availablethrough ourpartner
agencies amd ￿nders, ow ability to deliver sthices. Our staff and volunteers continue to provide a compassionate
and professional service to peopl¢ in Devon. We ensure they are appropriately trained and supported to deliver a high-
quality setwice to all seNiee users and wider stakeholders who corne into contact wTrth Devon Mind.
Publie Benefit
The Trustees hav¢ paid due regard to guidance on public benefit issued by th¢ Charity Commission in d¢¢iding what
activities the Charity should undertake.
W¢ take a monitoring. evaluation, 8nd learning (MEL) approach to understanding the publi¢ benefits of the work
undertaken by Devon Mind. Thi5 include5'.
Using data to analyse the mentsl health needs of the communities we Se￿e. to understand the challenges faeed
across urban and nwal settings, to quantify th¢'gap' (where people do not r¢¢eive the support they needl, to assess
which interventions have the greatest irnpa¢t on recovery, and io plan th¢ development of new ￿rViceS in
partnership with our lived experience experts.
Devel¢)ping 'test of change, pilots before introducing a new offer or way of delivering serVi￿- this enables us
to test the efficacy of pilot projects before embedding this Work in the organisation.
Working with parther agencies (both sth￿tory and VCSE) to data and expertise. to better understand the
service-user 'journey' between different agencies. and to ¢O-deliver ow services in a way thal meets the need5 of
people through 'one front door,.
Volullteers
We are hugely ￿&teful for the unstinting efforts of ow volunteers. tn ihis year, 32 volunteers donated 2,116 hours. Our
counselliTJg service in particular could not run without the contribution of our volunteer qualified counsellors and
eounsellors in trainhng. Additionally, voluntttrs Supported the delivery of our tsvo ar￿Ual fl2gship running events - the
Plymouth H8rbour Iok, and the Plymouth Harbtsur Half maratho￿ os well as other outreach and promotional activities.
If the volunteer contribution is conservatively valued at £10.42 per hour (the minimum wage rate for 202312024), the
volunteer effort amounts to £22,048. This amount is not included ill the accounts in accordance with the SORP.

Devon
TRUSTEES, AI¥NUAL REPORT Continued
Stry¢tur& Governanee and Managemettt
The eompany: was incorEM)Tated on 15 July 2016 as a private limited company by guardniee with no share eapitsl in
England and Wales {Co. No. 10281020). The company was registered with the Charity Commission on 28 January
2019 (Charity No. 1181767). The governingdocuments are the Articles of Association. The charity continues toreview
regularly irs governing document in line with best practice. as outlined tn the Mind Quality Mark Standards.
RR&k Management: The trust¢es review the major risks to which the organisatÉon is exposed and rn¢asures ￿e in pla¢¢
to rnitigate those risks.
Pllblie Beoefit Statement: The trust¢¢s confirni that the main activities undertaken to further the charity's pUry￿se&
and to have du¢ regard ro the Chality Comrnission's getjerai guidanc¢ of public benefit.
Cbair*s Report
l am pleased to present our knuat Report for 2023r2024 on behalf of the Board of Trnstees of Devon Mind.
Th¢ past 12 months have been a time of both Ch￿]enge and opportunity, but through it all, Devon Mind has Temained a
Steadfast source of hope, care, and tt2nsfortnation for those in need. Mental health continues to be a critical issue across
all sectors of so¢iety, and we are proud of the impact w¢ have made during this period.
The aftershock5 of the Covid-19 pandemic, the c05t-of-living ¢risi& and societal pressures hav¢ ¢ODtributed to a sharp
iftcrease in the demand for rnent￿ healih support acros5 the UK. In the face of ihis increased n¢¢(L Devon Mind has
been able to expand and ¢nhan¢e its setvices. This year, we providd dir￿1 support and advice to 5,154 individuals. an
increase from the previou5 year's 3,208. The increase pushed us to expand our capacity and r￿hink how w¢ con deliver
setvices effectively. Despite these pressures, we have remained focused on our mission to provide accessible. tin)ely,
and person-centred care to all who need it.
Our ability lo reach more people who need our 5UPPOrt is a testament to both the tireless ¢fforts of our stsff and
volunteer5, as well as the vital partnerships we have cultivated with other organisations and fund¢rs.
Devon Mind servtces ar¢ provided through multiple chaTme15 and aetiviti¢s:
On¢-tO-one emotional supw)rt;
Counselling.
Recovery Leaming through workshops and courses.
Peer Support Groups.
Wellbeing Activilies.
Advice via telephone, email. website. and social media.
Mental health training for individuals and organisations.
A comprehensive outline of ourachievernents aT)d perforn]ance across all activities is provided in Section 4. Uieview of
Activities,.
The year has also been one of fi[￿1claI prnd¢nce, and that￿S to the generosity of our donors and the hard work of our
fundraising team, we have been able to Tnaintain a strong f2nancial position. Our income for the year reached £985,880.
We have inv¢st¢d in essential areas such as digital infrastructur¢, ¢nabliDg us to support individuals more effi¢i¢ntly
and securely, and In stsff training. ensuring that our t&71115 are equipped to handle the complexity of mental health needs
in today's world.

Devon
TRUSTEES, ANNUAL REPORT CoDtinued
Ourwork as part of the Devon Mental Health Allian¢e {DMHA) www.ments]healthdev4)n.¢o.uk entered its second year
in this financial year. The DMHA is an alliance of 6 VCSE organisations contracted to work in partnership with the tsvo
stthiory-menlal health providers in Devon (Livewell Southwest and Devon Partnership Trust) in implementing the
community component of ihe ComrnunÈty Mental Health Framework (CMHF) transforn]atiot] prograrnme. Devon Mind
have continued to develop, implement, and lead on the delivery of DMHA services in Plymouth. West Devon and North
Devon. The DMHA has a key objective to Promote better System integration between community and statutory
organisations in Devon to ensure better acce55 and improved outcomes for people in Devon with serious mentai illness.
Devon Mind are at the for¢front of these developments.
Collaborations with local authorities, healthoare providers, and other charities have been essential to our 5￿Ce¢S$ this
yeax. Our work with the Plymouth Argyle Community Trult (PACT), the South West Coastal Path A5SOCiation
(SWCPA), and the Plymouth ond Devon Racial Equality Council {PDREC) has been particularly fruitful, leading to the
¢O-development of new progr8mmes of ments] health support in the communities we serve.
We extend OUT deepest gratitude to every member of our team. both staff and volunteers. Their dedication. hard worL
and re5ilienc¢ have been the driving force behind our success. In the fac£ of ehallenges. they have demonstraied
unwavering comrnitment ond a shared passion for our mission, continually exc£eding expectations. Together, we will
continue io make an impacl on mental health in Devon, Striving for excellence in all that w¢ do.
We are very gratefijl to our commissioners, funders, and supporters for enabling us to support people in Devon fa¢ing
rnentsl health challenges. We continue to be indebted to all our fundraisers and CO￿0rate sponsors who have found ¢v¢r
rnore inventiv¢ and imiovative ways to raise vital fiAnds for Devon Mind.
Finally, w¢ would like to thank the national Mind 5UPPOrt team, our external advisors. and ￿] ow tnjstees for their
comrnitrnenl tyme. and guidance over the last 12 rnonths.
As we look towards the next 12 months, we remain deeply colnmitted to ou¥ mission of supporting mental health and
wellbeing for all in Devon. The ¢hall¢nges of the past year have reminded us of the critical importaT]¢e of mental h¢alth
services, and we are inspired to continue expanding our reach. deepening our impa¢t. and im)ovating our approach
Review of A¢tivities
Ourflagship offer is through ourR¢¢overy College model of work deliv¢red by our Recovery Practitioners, Counsellors
and volunteeis. Thisway of working enable5 people to co-design their own recovery pathway and io engage in avari¢ty
ofac¢ivities, from longer terni goal based one-to-one emotional suppor4 toattendance at ¢oyrseslworkshops and support
groups. Our aim is to provide a whole-person servic¢ that will have an impact on people's lives by tsking all facets of
their mental h¢alth into account. We are committed to working closely with partner agencie5 to support people in a
rnulti-ag¢ncy way so no one should be asked to tell 'their story, twice. All of ourservices are und¢rpinned by a trauma-
inforTned approach that Tuns as a golden thread through the organisalion. Staff and volunteers are supported through
extensive training, CPD, and supervision to work creatively with people on their joumey to better mentalhealth.
Through our partnership rol¢ in the Devon ment￿ Health Alliance, w¢ ¢ontinued io support people with severe m¢ntal
illness in Devon to link closely with activities and organisaiions in their cornmunities that will suppon them to be well
and stay well. The Devon Mental Health Alliance works hand in glove with colleagues in the ststutory seetor to ensure
a'frontdoov approach tts mental health 5UPPOrt in Devon. Our main aim is to provid¢ aholi5tic, person-centred approach
that is a￿esSible to everyone regardless of thetr baCkgrOw￿ or mental health challenge.
The table below provid¢s a snapshot of all our activities in this finaneial year.
ServicelActivity
No. of people
orted
Nuinber of
illdivldual sessions
4,784
1,296
91
39
53
StaffNoluDteer
Hours
5.980
1,312
364
97
574
One-to￿one Emotion￿ Su
Counsellin
Workshops and Courses
Support Groups
Ment21 Health Trainin
port
804
227
263
76
783
In addition to the above activities. Devon Mind provides infomiation, suppon and advice via telephone, email, text.
social media, and th¢ website. In 202312024. Devon Mind recorded l 0,505 contact points with people and orgonisations
aeros5 Devon looking for advice, support. and inforniatLOII.

Devon
TRUSTEES, ANNUAL REPORT Cotttinued
4.1 Olle to OD
motional S
We supported 804 people (18 ye￿S old and above) across a broad sp¢ctnun of rnent￿ h¢￿th needs to ac¢ess ongoing
psychologically-inforn]¢d one-tO-OTJe ernotional support at Devon Mind. A total of 4,784 sessions were delivered in
202312024 to this cohort of people. This reflect5 5,980 hours of Recovery Practitioner and volunteer time in the delivery
of these sessions. These segsions are tsilored tr) the individual's needs and are designed to foster a safe and supportive
environm¢nt where the person can ¢xplore their emotions, thoughts. behaviours, and aspiration5. with the guidance of a
trained professional.
One-tO-One Ern
on Testimonials
'My Recovery Praetitioner w&5 a great listener, never judgem¢nlal and ￿waYS mad¢ me feel heard. For the f￿st time in
my adult life, Devon Mind have giv¢ry rne hope that I can move forward with my life. I have been made to feel valued..
Michelle, Plymouih
'1 had be¢n on a waiting list for NHS therapy for over 14 months and I contacted Devon Mind to see how they could
help me monage while I was waiting. I had 14 s¢5sions with a wonderful m¢mbeT of the ieam and l a150 attended some
courses. I have taken myseifoff the therapy waiting list. I have r￿e1Ved the right support for me and I wTrll be forever
grateful for the time and patience of everyone who I was in ¢ontaci with 2t Devon Mind. l always ftlt ]ik¢ I really
mattered and that ther¢ was a gejiuineness about wantÉng to help me recover.. Zoe, Norih Dev¢>
4.2 Counsellill
Devon Mind provide5 a comprehensive fdnge of counselling services designed to support individuals facing mental
he￿th challenges. These services are tailored to help people manage a variety of emotional difficulties, including
anxi¢ty, depression. traum4 grief, and stress. The focus is on offering accessible, person-centred support to enhance
mental well-being. 0￿ counselling is delivered face-to-fa¢e and on video-conferencing and telephone platfornis. In
202312024, our qualified and sMdeELt counsellors delivered 1,296 counselling sessson5 to 227 people. We are hugely
grateful to all our volunteer cowisellors for the time at]d energy they give to supporting people wbo access Devon Mind
for counselling.
CouTJsellin
Testimoni
'Wonderful experience with a compassionate and caring counsellor who helped me through a bi8 challenge ill my lif¢.
Thank you so Tnuch., Anna. lrybridge
'My coun5ellor at Devon Mind really helped Tne g¢t ba¢k into living a nomial life. Sh¢ h¢lpcd me understand the
problems that I had been undergoing in a kind and fair way. She gave me takeaway ￿￿kdou1S to help me go fonyatrd and
Tecogjise how to manag¢ if an un¢omfortable Sitt￿lI0n should aTise. Thank you so much for the help I received her¢.,
Anonymous, Devon
'My counsellor was absolutely brilliant from the very fitst time we met. He was warni and inviting and gave me a sens¢
of seeurity and trust to be able to express myself without judgement. He is a credit to DevoT] Mind and without his
supp)rt. I woulthi't be wher¢ 1am today, moving fonv8xd in life with the most positive outlook.. Mike, Pfymouih
'My counsellor was the best I hav¢ com¢ woss. He was so understanding from th¢ very start and was always
ompassionate., Horriei, Pfymouih
4.3 Worksho
s and Courses
The p5y¢ho¢du¢ation workshops and courses offered by Devon Mind aim to emp)wer individuals with the knowledge
and tool$ to bett¢r understand and manage their mental health. These programmes are designed forpeople experienein
ental health cha]lenges, as well as their families, carers. and the wid¢r community. Each session is co-designed to
provide valuable insights into vaTiOUS menta] health issues such anxi¢ty, depression. trauma. artd stress. The
overaxching ai]n of these learning activities is to help participanls gain knowledge, build life skills, and develop
emotional resilience, all Of which are essential for improving mental health and fost¢ring long-temi recovery.

Devon
TRUSTEES, ANNUAL REPORT CoThtiDued
In 202312024. the team of stsff and volunteers ￿ Devon Mind delivered 36 workshops and wurses to 263 people from
across Devon. This represents a totai of 91 sessions in total as some courses and workshops ar¢ delivered over a number
of weeks. Th¢ most popular workshops and courses included the following:
With You ITJ Mind.. Exploring Women's Melltai Health
Understanding Traumi Shame and Self-care
Putting Yours¢lf First: Ut]derstsndill8 Self-care
Understanding Emotions with a F(KU5 on Ang¢T
Understanding and Coping with Feelings ofAnxiety
Matr¢5cen¢e
Worksho
aTrd Course Testimontals
'A mindblowing course that gives you an induction to what trauma and shame isldoes- pirt tog¢ther simplistically.,
Parlicwa￿l on tke Underslanding Trauma, Shame oAdSelf-Care course
'There was lots of interesting material on this course. I found lots of use￿] knowledge, like grounding methods and
how the primitive brain works. I'm gonna use these in my life. I felt calm here, so I definit¢ly will attend more ftsr the
friendly atmosphere., Purricipa￿l on ihe Und¢rsiandingand Copl￿g wilh Feelings ofApLriety workshop
'1 Can honestly say I learned more on this ¢ourse than amy leatning I have done before. The course is d¢signed in such
a way that you feel immediately safe and support¢d. The facilitators went out of their way to ensure thai everyone had
tirn¢ and space to understand the l&irning and to ask questions. I came away quite overwhelmed aJ)d empowered to
make 50m¢ positive Changes that would benefit my lif¢.' Pariiewanl on the Putling Yourself First Course..
UnderslandEng Self-care
4ASu
ort Grou
The Devon MiT]d peer 5UPPOrt groups offer a safe and supportive space wh¢r¢ individuals can connect with oth¢rs who
share similar experiences of rnental h¢alth Challenges. These groups provide an opportunity forpeople to come togeth¢r,
share their stories, and offer muttaal encouragement in a non-judgmental and empathetic envirotunent. Our groups ar¢
open io everyon¢ regardless of background or mentsl health challenge and we maintain a ¢onfidential space where
participonts ￿ speak openly and honestly about their journeys. The gtoups are a vital part of our Commitment to
prornoting mentsl wellbein& fosierÉng connection, and building a supportive communrty wher¢ ¢v¢ryone feels heard
and valued.
Our peer support groups are well estsblished and have been nll)nit]g for many years. For some people. they are a part
of their social C￿endar where they meet and conne¢t with others. In 2023r2024. weran the following groups on a regular
basis.
OCD Support Group
Men's Mental Health Group
Bipolar Support Group
Depression Support Group
Anxi¢ty Support Group
Hearing Voices Support Group
Wornen's Mental Health Group
In totsl, Devon Mind support¢d 76 new people tnto these ￿0upS in 202312024. A total of 39 group sessions were held
throughout the year.
ort Grou
Testimonials
'1 really enjoy the Men's Group. I feel I can be myself and I have rnade some good friends. l ty and help out and 5uppon
new members of the group as I know how difficult it can be to get the courage to join. The team are really supportive
and always willing to listen to feedback and make chan8es to groups times if needed., Aiiendee aimen s MenlL71Healih
Group

Devon
TRUSTEES, ANNUAL REPORT Contittued
'In the beginning I was worried about attending the group but ihe recovery practitioner rn¢t me outside and came in
with me. Another member of the group off¢red me a cup of tea 8nd asked me wh¢Te I had eome from. It really put m¢
at ease and I have been attending for nearly l O months. li 15 a part of my monthly ¢alendar and it play5 a huge part in
keeping me well. I look fonvard to attending and chatting to friend5 and also maksng new ones. This wup has really
helped me in rnana￿n8 the depression that h&s plagued me for tnost of n)y adult life., Aiiendee ai DepressEOn Support
Group
'The group is invaluable to me. I aln so glad to have found it and the support it offer5, not just to rne. but to many others
like me., Allel￿ee ai Anxiety Suppori Group
4.5 Mental Health Tr4iJllll
The demand for mental h¥dlth training ses5ion5 tn 202312024 continued in line with the previous year. In 202312024.
we delivered 53 trainsng Courses to over 783 people from private. public and VCSE sector organisations across Devon.
The courses delivered inelud¢d..
Mental Health First Aid {2-day Adult)
Mental Health First Aid (Refresher)
Mental Health Awaren¢s5
Managing Mental Health in the Workpl2c¢
Understanding Hoariling
First Steps- Suicide Awareness
D¢v¢loping Resilience
AThxiety Management
Eachtraining session con¢ludeswiththeopportunity forall learnerslo¢omplete a feedbaek and evaluation questionnaire
on their experience of the ¢ourse and the trainer. the impact the Course had on their knowledge and practice, and how
they will use the skills learned in the future. We use the results of these questionnair¢sas our key perforrnance indicators
when assessing the efficacy of our training programmes, and to also infomi where w¢ need io make changes, and what
other traintng programmes we need tts develop to meet current and fvture nee(Ls.
Mental H
Course Testimonials
'Excellent course- the facilitstor was incredibly knowledgeable. exp¢ri¢n¢ed and really enhanced Tny l&qming. I look
fon¥ard to putting this into practtce in my 0￿1 day-to-day job.. Partic¥￿￿1 on ihe Ma￿￿%1￿8 Mental Health ihe
Workplace course
.1 r¢ally ￿JOyed the two days. The training was a really good mix of learnin& discussio￿ and c&se-studie5. The trainer
wa8 fantasti¢ and redly knew their subject. I was also interested in learning more about the wider Devon Mind supwrt
services. That was ieally useful from a personal p¢rspe¢iive.' Aiiendee on ihe MentalHerAlth Ftrsi Ad2-Day course
In 202312024, we d¢liver¢d on ¢wo specialist projects fithded by National Mind.
The Asylum Seeker and Re￿gee Projeet- we worked in partD¢rship with the Pl)Thouth and Devon Racial
Equality Coun¢il (PDREC) to support people who had been displa¢¢d to Plymouth by the war in Ukraine.
With the support of an int¢rpreter, we delivered targeted sessions focused on monaging your mental health.
The aim of this project was to provide a 5pa¢e for the participants to seek Support and hav¢ easy access into
l of the Devon Mind activities. The project ran for 12 months, and we suceessfully worked with over 30
peopl¢.
Asics Mindfvl Movement Project- we work¢d in pattrership with the Plymouih Argyle Community T￿￿t
lo dest￿7 an innovative programlne that would support mentsl health and well-being through the integration
of gentle physical activity and mindfu]ness practice5. Th¢ project encouraged panicipants to reconnect with
their bodies, manage stress. and improve emotional resilience through a combination of movern¢n¢
breathwork, and meditation. This project continues to forni a part of Devon Mind's holistic approa¢h to
m¢nta] health support, helping individuals develop healthi¢r relationships with their minds and bodi¢s while
fostering a sens¢ of c￿M, Tesijience, and well-being. We worked with 73 participants over ihe eour5e of thi5
project.

Devon
TRUSTEES, AIYNUAL REPORT Continued
4.7 M itorin
Evaluation an
Legrni
We range of key perforniance Indicato￿ to assess progress against targets ¢)n all our aeiivrties. These KPIS
include=
Patient Reported Outcomes Measur¢s IPROMS) including ReQol-10 and Goal Based Outcomes. PROMS are
used to a5ses5 the quality of mental health ¢are experiences, focusing on the service-user. These tneasures
help Ihe eharity, our commissioners and other stakeholders to make Enformed Changes to our serniees io
ensure they are impactful and meaningful for people who acce15 512PPOrt with Devon Mind.
Number of Multi-Agency Teams (MATS) that Devon Mind Recovery Practitioners are embedded in. MATS
typically consist of local health care professionals (GPS., Nurses,. Occupational TheTapists; Psychiattists.
Clinical Psychologist et¢.) and wider VCSE 5ectorworkers (such a5 the Devon Mind Recovery Practitioners).
MATS work as ereative solutions panels. with a group of professionals working together to provide a
comprehensive support offer of people with rnentsl health needs. The MATS prevent people from being
)unced ￿OUnd the system,.
Engagement with interventions offered- we r¢cord all interventions and activities on our case management
system and look at the conversion rate from'fiTSt enquiry/assessmellt' to'participation, in a particular activity
{e.g.. counselling or support groups}. We colled rich data on why people may not progress to full engagement
and test out ourassumptions through our focu% groups andwider CO•design forulns (e.& do weneed to change
our offers in anyway?).
Feedback and evaluation. All our service-users are asked to provide feedback and evaluation regardles5 of
the Se￿ice accessed. We us¢ thi5 inforn)ation to inforn) our understanding of the longer-tertn impact of the
Devon Mind offer and we work with our statutory partners io find correlations where they exist between the
support offered by Devon Min¢ and the number of people continuing to ac¢ess th¢ir GP, secondary ment21
health services. or emergency setvices.
4.8 Marketin
and Fundraisi
Wehave used ourgrowing social rnediapresence toinfonn people ofowsetvices. provide infomiation about our evems
and a¢tivities, andto share general emotional wellbeing infom)alion, advice and guidance. Ourpresen¢e on fundraising
platforn]5 has now growTr to ensure that people can fundrais¢ for us with ease and efficiency. To dAte. w¢ are active on
the following platform5=
Just Giving
Enthuse
Facebook Donations
GOFundME
Mu¢hLoved
Raisely
SportGivinglRaceNation
CAF Donate
In aid of
AAR8OUR
R D NS
Devon
The Ptymouth Harbour Runs are Devon Mind's flagship annual active Challenge eveT]ts - two unique cornmunity
rurming challenges centred around Plymouth's iconic Sutton and Cattewater HaTbours. The events include a IOK frorn
Mount Batten to the Bathi¢an and a half marathon from Yelverton to th¢ Barbi¢an, both raising vital funds for tkvon
Mind.

Devon
TRUSTEES, ANNUAL REPORT Collthiued
On the 10th of September 2023, just Under 2(KJ numers participated in the IOK event. This followed by the half
marathon on the 17th Ma￿h 2024 whÈch saw 331 runners participate in the main ev¢nt. Colleciively, b(Trth events raised
over £15,000 for Devon Mind. We are hugely grate￿] to all ow staff, volunteets. spon50r5, and wider supporters who
enabled these ¢v¢nls to be hugely successful and ¢njoyable for ail who participated
We would lik¢to extend oursincere gratitude to everyone who supported and donated to u% in thisyedr. We are indebted
to you and your 5UPPOrt for tkvon Mind.
Futsre Developments
We hav¢ identified two key strategic prioTitiesthat Devon Mind will on achievingover the 5-yeaT period Covering
2023-2027..
Be a sector-l¢ading provider of mental health recovery services in Devon-
Raise mentsl health awareness in the population of Devon.
We wtll achieve our strategie prioritiK by focusing on five key themalic ar¢45'.
Leadershi
andGovernanee
Sustsin a robust Devon Mind Board that is representative of otsr organisation and has appropriate skitls
to enable it to fiJt]etion effieiently.
Develop amd sustain a strong and high-perforniing senior leadership tealn that rnodels culture and
behaviour, amd enables Devon Mind to successfully achieve its aims and objectives.
Nurture a committed, ¢ornpa5sionate, motivated, highly trained. and agile workforce that feels vatue
respeete4 and listened to.
arknershi
and Collaboration
Play an integral role tn the succesg of th¢ D¢von Mental He￿th Alliance {DMHA) partnership (The
DMHA'S success is Devon Mind's Success).
Seek out opportunities for collaboration that align with D¢von Mind's pwpose. mission, and values, and
support th¢ Charity'5 overorching strategic priorities.
uali
and Im aet
Suecessfully maintsin th¢ Mind Quality Mark (MQM) and continually implement improvements.
Use the experiences of thos¢ using our services a5 a measure of quality and to infomi improveynent
measures.
Fully Uiilise the Devon Mind CRM and Impact Tracker systems to ensure evidencc and data is ￿re to
our decision-making processes.
Develop a repulation for evidence-based and quality assured work that achieves the best possible
out¢om¢s for people with mental ill health.
emenl andlnfluenc
Adapt ow sthvices io be more accessible and inclusiv¢ of diversity and difference.
Provide opportunitie5 that support, enable and empower people with lived experience to b¢ a¢tiv¢ly
involved in co-designing and co-producing Devon Mind servi¢es.
Useourknowl¢dg¢ from delivering services andworkinginpartnership to influ¢ncede¢ision makers and
shape the future of cornmissioned s¢rvi¢¢s.

Devon
TRUSTEES, ANNUAL REPORT Continued
Sustainabili
and Resilience
Grow ow reputation for high qualtty and impa¢tful services that ¢ommissioners and other fijnders
ontinually invest in.
Develop. deliver, and rnonttor a Fitjancial Strdtegy that sets out how D¢von Mind plAns to finance its
overall opetations and to m¢¢1 its charitable objectives now and over a defined period th¢ fvture {3
years rolling}.
R¢main agile, flexible, andresilienttoanticipatethechall¢nges ahead (horizons¢anningl and beprepared
for the1￿ while also retsining the agility to Tespond quicky to opportunities as they aris¢.
Risk and Uncertainties
Devon Mind reviews risk on an ongoing basis through ow Board ofTrustees, sub-committees, 2nd Senior Mamagement
Tearn {SMT). The organisation maintains a'Ri5k Registee isreviewed and updated onaquarterly basis. This allows
usto appraise and mitigate against existing knomn risks and to ideniify new risks. We consider the impact and likeliho(Ml
of risks occurring and give particular attention to th¢ managemeni of the m05t sever¢ risks.
Devon Mind hos identified the followTrng principal risks facing the Charity overthenext 12rnonths, alongside the action
that TS been tsken to rnitigat¢ against these risks.
Recruitment and retentÈ
of a
riatel skilled staff
Staff recruitment and retention remain an ongoing risk for our ciwity alongside many other health and social care
Charities. There is less movement of experienced staff between sectors as people are nervous about leaving long
stsnding jobs for a career in th¢ charity s¢¢tor, when the wider economic Situation is not so positive. To mitigate
against this, we have intriKiuced a hybrid model of working with limited remote working for staff where il is
appropriate. We have atso offer¢d compr¢ssed hours and 9-day fortnights where they fitwith service demands. We
have benchmarked our jobs against the sector average, and w¢ ar¢ committed to ensuring that peopl¢ are Properly
remunerated in line with core coTnpetencies and responsibilities. We also provide cotnpTeh¢nsiv¢ training and
opportunities for continuing professional development for all staff. Where possible, we will work with partner
ag¢nci¢s to fa¢ililate secondments into Devon Mind on joint pieces of WOTk.
Income and fil￿1¢]￿1
Income and fll)ancial susiainability hav¢ traditionally been the main risks associated with the Charity sector.
However, Covid-19. the war in Ukraine, elevated inflation, and cost of livtng rises have exacerbated fijnding
coD¢erns. Devon Mind is not as heavily vulnerdble to energy and rental Costs as other charities, but stsff salaries
make up the highest proportion of costs. Inflationary uplifts to salaries need to be Considered on an annual basis
going forward (to retain staff), and high-inflation scenarios wll be modelled into the standard forecastingproce5se5
to te5tthe financial resili¢n¢e ofthe charity. In addition, we will invest in tsurincomegeneration Tesources io enable
usto develop relationships and funding streams from andfoundalions. inaddition to¢nhancing ourmarkeiing,
fLmdraising and events capacity to grow our fi￿dra]ser base. We will expand our cash-flow forecasting from 12
months to 24 months to ensure w¢ hav¢ ¢nhanced visibility of when ow financia] sustai[￿bIlity become5 a concern,
and we will take actions well iti advance to mitigate this vuln¢rability.
M¢¢tin
demand for our se￿L¢e$
As we rnise our profile in Devon. alongside our partnership worktng with the NHS and local authorities, we will
inevitably experience an exponent2al d¢mand for access to our services. This was the c&%e in 202312024 and we
anticipate that this will increase in 202412025. We will continue to work closely with partner agencie5 to ensure
that we keep people safe, and we will a150 fijrther dev¢lop our digilal offer to ensure that people can 'wait well,
while they are on waiting lists for our servÈce5. Of particular note, we are committed to the development ofa wholly
agile workfoTce- this involves training all of our staff to work in a trduma-infomi¢d, holistic way. and regardless
of their cutTent role, they can be called uw)n in times of signÉficant pre55ures to support our wider service delivery.
An example ofthis approach is that all staff in Devon Mind. across all departtnent5, aretraining in'duty work,, and
can at any time sUPPOrt people with very brief intetventions while they await access to ourservices.
10-

Devon
TRUSTEES, ANNUAL REPORT CoDtinued
Administrative Strncture
Tn￿lee5 are appointed for a terni of thr¢¢ yeaTS.
The Board of Trusttts shall not have more than twelve member5 and not less ilwi thre¢.
A person can only beeome atrustee afterdeclaring a¢¢eptatJce and willingness to act in accordon¢e with the Arti¢les.
The dky-lo-day managemenf of the Ch4Tity is delegated to the CEO. Olivia Crat
The followtng served as Executive CommTttee members durÉn8 the year:
Chair:
Paul Guildford
PreTrious Chair:
Shaxon CI2Tidg¢
Vice Chair=
Neil Pick
Other Truste¢$:
Penny Blacknitsre
Mortin Cordy
Rebecca Cozic
Jarnes Evans
Ptofegsor Euan Hai15
Matthew Kean¢
Peter MullaTk¢y
Stephen Offord
Nicholas Southcott
resigned 18 July 2024
apw)inted 5 March 2024
appointed 5 March 2024
appoint¢d 5 March 2024
appointed 19 October 2023
appointed 5 March 2024
Tesigned 23 April 2023
appointed 5 March 2024
Recnjitment and apptstnlmeTEt of new tNStees is based on the skills and expertise offered. Once elected to th¢ Board,
the rtew trusiee is supported through their induction by both the Chair and the CEO. Training of new trustees is arranged
through brief￿8 sessions with the CEO andlor the Chair, visit to projects and services to familiarise thernselves with
the organisation and its setvices. plus briefing s¢s5ions before and alter board meetings where requiTed.
All trustees are able to a￿¢s5 appropriate internal and external training. Trustees are also required to sign up to the
National Mind 'CoTme¢ting Minds, portal and are encouraged to attended National Mind conferences and network
tneeting5.
The Board agrees the 5trdtegy and dIT￿tiOn of Devon Mind, and delegates th¢ day-to-day management of the
organisatton and the provision of services to paid staff and volunieers who work under the authority of the Chief
Executive Officer and the senioi managernent team. The senior managemenl team is made up of th¢ Chief Executive
Officer, the Head of S¢rvices. the Business Supy)rt Manager and th¢ Clinical Lead.
The BoaTdofTrustees met 9 times in the year. TheFinaD¢e and Resources sub-committee. and the Quaiity and Standards
su1￿CoMmittee each met 5 time5 in the year.
The Chief Executive Officer works closely with trustees to lead the organisation. focus on external profile and
comrnissioning, oversee the organisation's budgets and managern¢nt a¢¢ounts, the strategic priorities, business plans.
policie5, and ensuring service delivery is delivered to the highest qua12ty, and managed effeciively and efficiently.
The pay levels of ail staff, ineluding the senioT management team are benehmatked regutarly against other providers
and similar roles itt Devon. Any changes to pay levels are agreed by the Board of Trusiees.
Devon Mind is affiliated to Mind, the national mentsl health charity, as a Local Mind Association through the Mind
Federation Agreement under which all local Mknd5 now operate. There is no financial ormanagerial connection beyond
the payment ofthe membership fee. The AgreeTnent with Mind enables us to detern)ine our own policies and activities
locally.
Adive involvement with the pr(Kesses of the Mind Federation's "Quality Management" scheme facilitat¢s
orgaJ)isational improvement through self-reflection and external assessment. Our curret]t Mind Quality Mark (MQM)
with Mind enswes we maintsin our eligibility to membership of th¢ Mind Feiieration.

Devon
TRUSTEES, ANNUAL REPORT Condllued
Ststement of the Board ofTrnstees Responsibilities
The tr￿st¢¢5 (who are aiso directors of Devon Mind for the purposes of ¢ompaJ)y law) are Tesponsible for prepaTing the
T￿tees, Annual Rq)ort and th¢ finamciai statements in ac¢ordan¢e with applicable law and UnÈted Kingdom
Accounting Standards (United Kingdom Generatly Acc¢pted Accounting Practice).
Company law requires the trusiees to prepare financial stat¢ments for each financial year. which give a t￿e and fair
view of the state of affairs of the charitabl¢ Company and of the incoming resources and application of resources,
including the income and expendltt￿e. of the charitsble company for that period. In Preparing these financial statements,
the trnstees art required to..
Seleei suitable accounting policies and apply them ¢onsisiently.
Observe the rnethods and principles in the Charities SORP 2019 IFRS1021.
Make judgements and esiimates that are re&sonable and prudent.
State wheth¢T applicable accounting standards have been followed. subject to any material d¢partures disclosed
and explained in the financial statements.
Prepare th¢ financial statements on the going ¢oncem basis. unless it is inappropriate to &SSUTne th¢ charitable
company will continue in operation.
The trustees are r¢sponsible for keeping &dequate aecounting records that disclose with reasonable accuracy at any tim¢
Ihe financial position of the charitable company and enabl¢ them to ensure that the fiTaancial slatemenis comply with the
Companies Act 2006. They are also responsible for safeguarding ihe assets of the charitabl¢ company and hence for
(aking reasonable steps for th¢ prevention 8md detection of fraud and other ittegulariiies.
The tll￿tees are responsible for th¢ maintenance and integnty of the corporate and finartcial information in¢luded on
the charitable company's website. Legislation in the United Kingdom goveming the preparation and dissemination of
finan¢ial ststements may differ from legislation in oth¢r jurisdiaions.
All members of the Board of Tn￿teeS give their tsme voluntsrily and received no benefits from the charity.
FiDanclal Revlew
The year ending March 2024 was a turbulent one both globally amd nationally, due to the following key challenges:
ongoing war in Ukraine.
energy challenges across Europ¢-
soarin8 cosl-of-living ¢risi5 and impact of rising inflation.
All ofthe above played a key part in some ofthe increag¢d costs borne by Devon Mind in thisyear. W¢ have maintained
a heal¢hy cash-flow throughout the year through regutar review of expenditure alld ongoingcosts.
Total in¢om¢ for the year is £985.880 of which £880.647 is froln contracted income for services and perforn]on¢e Telated
grants as per note 3. The Devon Menial Health Alliance (fi￿ded by NHA England) constitutes the largest conts¢t
currently held by Ikvon Mind. Other large projects are funded by Plytnouth City Council and Naiional Mind. Our
Mental Health trdining programme and'paid for ¢ounselling' continues to generate inwme, and this yielded £42.523 81
year end.
The Charity has benefitted from the increased awareness of rnental health in society over the recent years and this was
very mueh atthe forefront ofthe pandemic. Thetotal amount ofvolwifary donat¢d income generated in this financial year
was £125.27]. This represents a r¢du¢ed figure when compared to £226,853 generated in 202212023 - this dO￿￿tUrn
reflects a national pattern of reduced personal giving per ¢apits. This is not unexpected as w¢ anticipated the cosi of
living crtsis would impact on peopl¢'s abslity to donate to charities.
Total costs of the charity are £1.149,923 and the [￿t￿re of our activities means this consists largely of salary costs and
project delivery costs. ThenetexpenditUTe fortheyear is£l13,747 and this largely reflects the (kL¥easeindonated income
streams.
The net assets of the charity at the year-et]d are £932,601 and fixed assets represent £545229. Restricted fijnds are £401
and unrestricted funds £932,200 including a des1￿)ated fi]nds of £729,484 per note 17. General unrestrxct¢d fvnd is
£160,151.
12-

Devon
TRUSTEES, ANNUAL REPORT CoDtlnu¢d
GoiDg Coneern
The Board of Trustees has Carefully assessed the ftnan¢ial position and ongoing operationa] ¢ommitments ofth¢ ¢harity.
includtng a review of current resources. projected income, and the exter[￿ envirot]meni in which ihe charity operates.
Based on this review, the Trustees have reasonable expectations thai the charity has adequate r¢sources to continu¢ its
activities for the foreseeable future. The Board of Trustee5 note the following k¢y indi¢aiors.
Steady gro￿ in fLmdraising efforts over the last 3 years. D¢)nation income is expected to remain" at similar
levels to 202212023 -within the region of £IOO,OOO/annum.
Steady growth in the earned income of the charity through the delivery of cOrnrn¢Tcl￿ training and paid-for
counselling. This is anticipated to continue to ￿￿W in the 202412025 financial year.
Acontinuing diversificationinourdonorbaseandgreaterawareness ofDevon Mindomongstthewryderpublic.
Effeciive cost manag¢ment measures resulting in controlled operating expenses.
Devon Mind has contracts in place with NHS England (NHSE) and Plymouth City Council to deliver mentsl
health services throughout the county. Devon Mind are a leadership m¢mbeT and the main delsvery provider
forthe Devon Mentsl HealthAlliance (DMHA). Wecontinuetodeliv¢rservices and (o successfully meet KPIS
on all commissioned service5. The contract ¢nds in January 2025. and a +2 year extension h&s been a￿ed
to January 2027.
The charity is financially sound following the sale of the freehold property in the 2022r2023 fu)ancial year.
The charity has no bO￿Ow1ngS and crediiors are the nornial Suppli￿S. HMRC and the landlord. We pay our
liabilities &$ they fail due.
Our analysis ofcash flow proje￿]0￿$ indieates that Devon Mind has sufficient liquidity to meet its short-term financial
obligations. including project-related expenses, Staff salaries, and overhead costs. The forecasted ineome and
¢xp¢nditUTe for the yeax ended 31 March 2025 and cashfiow forecasts to Match 2026 are sustainable.
Wehave assessed the impact of Devon Mind's projects and initiatives on ihe communities we serve, and we publish the
findings in our annual Impact Report. The positive outcornes report¢d and the powerful testitnonials we receive from
betjeficiaries dernonstrate the meanin8fv1 ¢¢)ntTibulion of Devon Mind to its rnission.
In light of the econornic climate thal we will continue to operate in, we have implemenied several strategies to miligate
risks and to ensure th¢ continued contiibution of Devon Mind to better m¢ntal health for all in Devon.
Diversification of revenue streams through targeted fundraising and grant applications. The charity h
employed a bid Hyiter to lead on funding applications and tenders to piovide a e4)ntribution to the core costs
of th¢ ¢lwity, but to also ￿nd susthinable developtnent and growth across Devon.
In¢reased promotion ofpaid for services including our commercial mental health training and tsur
eounselling 5¢rvic¢s.
Exploring paTtnership5 and collaborations to share resources and experttse.
Continued ¢ffort5 to streamline operations and optimise cost effi¢i¢ncy.
We acknowledge that external factors such as economic downturns. changes in donor behaviow, changes in the
priorities of statutory funders {e.g.. NHSE and local authorities), and unforeseen events can impact Devon Mind's
fitwicial stability. However. we have taken steps tobuild a resili¢nt and adaptive organisaiion that ￿1] position us well
to navigate potential challenges. Devon Mtnd has appropriate in5uranc¢ in place to cover business inierniption through
a 'cat&%troph¢'. We have a TobusL highly skille(L and eifjcient senior ￿￿￿ageMent team who lead on different of
excellence for D¢von Mind.
Based on our assessment of the fllwicial statements, c￿h flow projections. impacL and mitigation Strdtegtes, we are
optin)istj¢ 8bout the going ¢oncem status of Devon Mind. While external challenges exisL the organssation's strong
commitment to its mission, responsible financial managemenL and otwoin8 efforis to secur¢ fi]nding sour¢es provide a
solid foundation for its continued operations.
Weremain dedicatedtomonitoring theorganisation's fillanei￿ health, adaptingto changing circumstanees,aTtd ¢nsuTing
the long-tenn sustainability of Devon Mtnd.
13

Devon
TRUSTEES* ANNUAL REPORT Continued
lllvestment Policy
The tntstees use a dis¢retionary investment management serviee with an investment portfolio level at risk category .6,.
RBC Brewin Dolphin act as Devon Mind's investment advisor5. RBC Brewin Dolphin engoge with COTnpanies directly
and as member5 of leading industry bodies on irnwrtamt issues that could impact the value of our holdings. As
signatories, they adhere to th¢ UN Prtnciples of Responsible investment.
As the year end, the market value of the portfolio had intrea5ed by £50,296 and this reflected the general movemeni of
the global rnark¢t in avolatile profile inthisp¢riod. Of note. Devon Mind is invested inmicrosoft and Scottish Mortgage
who are both h¢avily invested it] Artificial Intelligence {Al) w)tentiai. The expansion of Al coutd be tronsforniational
in the market in the futur¢.
The charity has an appropriate Investment Policy in place which is reviewed on an annual basis by th¢ Quality and
Standards Sub-cornmitt¢e of the Board of Trustees.
The trnstees have considered the future sustainability Of our invesknent portfolio gnd believe it is important that we
Invest resJx)nsibly to achieve our charity's goals. As steward5 of our investments, our investment managers Brewin
Dolphin take account of a wide range of environmental, SOCI￿ and governance fa¢tOTS when &ssessin8 and selecting
inv¢stm¢nts for our portfolio.
Deyon Mind committed io retaining our independ¢nt stance in relation to the use of rn¢di¢ation so that we can
Continue providing a voice for people with experience of m¢ntai health problems. In order to retain this independence,
Devon Mind will not invest any charity fimds in companies snvolved in the maJ)ufaeturing, sellin& or promotion of
pharn]aeeutiea]s.
12.
Principal FuDdiDg Sources
Th¢ principal funding sources are set out in note5 2 and 3 to the a¢co￿ts.
The tr￿Stee5 d¢eid¢d to sell the freehold property 8 Woodside, Greenbank. Plymouth. PL4 8QE. in late 2021. The
property was put on the markrt for sale in February 2022 when the charity rnoved to leased premises at 156 Mannamead
Road. Plymoud4 PL3 SQL. The sale of the property in June 2022 realised £485,360 in cash and a gain on disposal of
£321,853.
13.
Reserves Poliry
The charity needs to hold reserv¢s for the followin8 principal reasons:
To cover gaps between in¢vrring expendi￿re and receiving the corresponding grdntlcontraet ineorne,
particularly in relation to EU fiu)ding and the Devon Mental Health Allianc¢ (DMHA),.
Maintain services if fimding is suddenly reduced or withdrawn unlil new funding can be found.
Provide for unforeseen expenditttre.
Pay redundancy costs if services are reduced.
Winding up the Charity in the event of closure.
Th¢ charity aims to ¢5tablish and hold in rese￿e$ four months of operdtional costs, notic¢ p¢riodlredundancy provision
for eligible staff, and wind-up Costs in th¢ unlikely event of the ¢lwity having to close.
The trnstees have also setaside de5i8nated filnds totatling £729,484 &8 detsiled at note 17 to cover redundancy, shortfall
in EU fimding reimbursements, development opportLmiÉies, and lTrequirernents.
Th¢ ¢hority Considers that its present levels of reserves, together with the changes onticipated in these during the
forthcoming year, satisfy the ¢riterta set out above, and no action isdeerned to benecessary at the present time to change
these levels.
The charity reviews both the level of its reserve5 and its policy on r¢s¢rv¢s continually and specifically al the tirn¢ of
consideration of the Annual Budget.
14-

Devon
TRUSTEES. Af4NUAL REPORT Continued
14.
Furtdr¥ising StaMd*rds Information
Ikvo21 ￿lld is Te8isI¢T¢d with the'Fundraising Ile8ulator'. The charlty has policies and procedures in place lo ensure
Ctstnmilment 10 good lund-rai5ing praclice. inLILJdiiib the wcial. environtnenlal. and ethical considcrations attach¢d to
dI￿erent fund-raising aciiviiie
15.
Principal and Registered Office Profe$sional Advisers
The regi51¢red office of th¢ charity is..
Mannatnead WcllEetng Hub
156 Mannamtad Road
Plymouth
PL3 SQL
Profe%sion%l adviser$
tjankers..
Unity Trust Bank Plc. Ninc Brindley Place. 4 002ells %quare, t3irminghatn. Bl 2HB
CAI-. Ilank L.Id. 25 King% I lill Avenue. Wcsl Maling. Ktiit ME19 4JQ
Triodos BanL DL'anery Road. Bristol. BSI SAS
Naiionwidc 14uilding Sociciy. Nalionwide House. PipBr5 Way. Swindon, SN38 INW
National WesThinstrr B￿k Plc.. 250 Bi8hotK9gaie. London. EC2M 4AA
Inde￿ndent Examittr.. Northcott Trumfield. Ch&iered Accounlani&
Devonshirc Vill& 52 Stuart Road, l)IyTnouih. IIL3 4EE
&)liciiors=
Tozers LLP.
Broadwalk 14ouse. Souihemhay Wesl. Exeier, D¢von. EXI IUA
Investtnenl manage￿..
RBC B￿win Dolphin
12 Smiihficld St￿tE London. EC IA 9BD
This report has ken prepared having tsken advaniag¢ ofihe small companies exemption in the Companies Act 2006.
Approved by the JJoaTd of TnTr￿e¢s on 24 Ociolrr 2024 and signed on its IKhalf by..
. Chair
P Gutldford

Devon
INDEPE]¥DENT EXAMINER'S REPORT TO THE TRUSTEES OF DEVON MIND
I report to the chatity tThstees on my examination of the accounts of the company for the year ended 31 March 2024 which are
set out on pages 17 to 39.
Responsibilities and basls of report
As the ¢F￿rity trn5tees of the company {and also Èts directors for the purposes of company law) you are responsible for the
preparation of the accounts in accordance with th¢ requirements of the Companies Aci 2006 ('the 2006 Act'l.
Having satisfied myself that the accounts of the eompany are not required to be audited under Part 16 of the 2006 Act and are
eligible for independeDt examination, I report in respect of my examination of yi)ur company's accounts a5 carried out under
section 145 of the Charitie5 A¢t 2011 ('the 2011 Act.). In Carrying oul my examinati(>n I have followed the Directions giv¢n by
the Charity Commission under section 145(5Xb) of the 2011 Aet.
Independent examiner s sthtement
Since th¢ ¢ompany's gross income exceeded £250.000 your examiner must be a member of a body listed in section 145 of the
2011 Act. I confirni l am qualified to underEake the examination because l am a member of The Institute of Chartered
Accountants ID England and Wales, which is one of the lisced bodies.
I have completed my examination. I confirm that no matters have come to my attention in ¢onnection with the examinatton
giving me cause to believe that ill any material respe¢¢'.
accounting records were not kept sn respect of th¢ wmpany as required by sectlOA 386 of th¢ 2006 Act" or
the accounts do not accord with those records; or
the accounts do not comply with the ac¢ountingrequirem¢nts ofsection 396 of the 2006 Act otherthan any requirement
that the ac¢ounts giv¢ a 'tru¢ and fair view. which is not a matter considered as pan of an independent examination. or
the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended
Practice for accounting and reporting by charities applicable to charities preparing th¢ir acwunts in accordance with the
Financial ReportEng Standard applicable in the UK and Republic of Ireland {FRS 102).
I have no con¢ems and have come across no other matters in eot]nection with th¢ ¢xaminalion to which attention should be drawry)
in this report in order to enable a proper understanding of the accounls to be reached.
Signed:
Guy Yan Northcott
FCA, Bsc(Eeon) Hons, D¢hA
For on behalf of:
Nortbcott Trumfield
Chartered Aceoutttants
Devonshire Viua
52 Stuart Road
Stoke
Plymout
PL3 4EE
Date: 24 October 2024
16

Devon
STATEMENT OF FINANCIAL ACTtVlTIES ODcluding Income and Expendltsre Account)
FOR THE YEAR ENDED 3J MARCH 2024
2024
2023
Restricted
Funds
Unrestrlcted
Funds
Total
Totsl
Note
Income and ettd•wments from:
Donations and legacies
Charitable activities
Jnvesunents
Other income: Gain on the disposat of a tangible
fixed asset held for Charity's U5¢
125,271
46,287
13,875
125,271
846,734
13.875
226.853
806.689
3,844
8(H).447
321,853
Total itieom¢ Ind eDdowments
800.447
185 433
985 880
1359 239
Expendlture on:
Raising fimds
Charitable a￿]vitieS
26.137
355,238
26,137
1,123,786
31,915
889,570
768.548
Tolal expettditure
768 548
381375
1 149 923
921485
F4et gainlooss) oll investment$
13
50,296
50,296
(2250)
Net IDcomel(expellditsre) before transfen
31.899
(145,646)
(113,747)
435.504
Trsn$f¢r between funds
17
(31.4981
31.498
Net movement in furtd$
401
(114,148)
(113,7471
435,504
Re£oDcili&tioD of fvnds:
Total funds brought fonvayd
17
1,046,348
1.046,348
610,844
Total fimd5 carried forward
17
932 200
1046 348
All incom¢ and ¢xpenditUTe derive from continuing activities.
The stAtement of f]nancial activities includes a]1 gains amd losses reCo￿lsed in the year.
17-

Devon
STAT&MENT OF FINANCIAL POSITION
AS AT 31 MARCJI Z024
2024
2023
Note
Fixed A55ets
Inwgiblc Fixed Awts
Tangible Fixed AsSCIS
InvLstments
169
6.031
539.029
545.229
3.631
4.395
482.381
490.407
12
Current Assets
Deb￿rS
Cash ai Bartk and in Hand
14
72.609
363.124
435.733
166.566
424.101
590.667
Creditors..
Amounts r￿lIng due within onc ycar
Net Current Assets
387.372
555.941
Total Net Assets
932.601
1,046.348
The Funds of the Charity:
Funds
17
9326DI
1046.348
Thcse acLM)unL% have becn prepared in atti>rdaDce witli the provisions applicable io compynies subject to tk small companies
rL'8itne.
The financial Slaietnents were approved and authori%¢d tor issue by lh¢ Trustee5 on 24 (kiober 2024 and s18t￿ on tIKir khalf
by-.
Chair
P Guildfurd
Trustee
Cornpany regi5trdtion numbcr 10281020
The notes on pages 20 10 39 form part of these a¢£ounts.

Devon
STATEMENf OF CASH FLOWS
FOR THE YEAR ENDED 3114IARCH 2024
2024
2023
Nots
Cash flow from operating aetKvities
20
(48,443)
169,390
Cashjlowfrom wvesiing otlivtlies
Paymertts to awire tangible assets
Payments to a¢quire inv¢stments
ReceEp(s from sale of investtn¢nts
Receipts from sale of assets
Dividends and interest receivable
(4.226)
(97,991)
75,808
(2,506)
{484,631)
485,484
3,844
13,875
Net iD¢r¢4sel{decrease> in cash equlvale￿ts
{60.977)
171,581
C&sh and eash equivalents at l April 2023
424,101
252.520
Cash and cash equivalents at 31 March 2024
363 124
424.101
Cash and cash equlvalent consists of:
Cash at bank and tn hand
363,124
424.101
19-

Devon
NOTES TO THE ACCOUNrs
FOR THE YEAR ENDED 31 MARCH 2024
Summary of sigllifieant aeeounting policies
{a} GenerAI infortTration and basls of preparation
Devon Mind is a privat¢ limited company by guarantee registered in En￿and. In the event of the charity being wound
up, the liability in respect of the guarantee is IiTnited to £1 per member of the ¢harity. The address of the registered office
is given in the charity inforrnation on page 6 of these financial siaternents. The nature of the charity's operations and
PTincipal activities are to promot¢ the presetvation of mental health and assist in relievin8 and rehabilitating petsons
suffering from mental disorders or conditions of emotional stress in the county of Devon.
Th¢ chaTity constituies a public benefit entity as defined by FRS 102. The financial statements have been prepared in
aeeordane¢ with Accounting and ReportEng by Chariiies.. Statement of Recommended Practice applicable to charities
preparing their aCCo￿ts in accordance with the Financial Reporting Standard applicable in the UK and Republic of treland
(FRS 102) (s¢¢ond edition - October 2019), the Financial Reporting Standard applicable in the United Kingdom and
Republic of Ireland (FRS 102), the Companies Act 2006 and UK Generally Accepted A￿o￿ntIng Practice.
The fthanciai statemen1$ Are pr¢pared on a going coneern bLsis under the historical c05t co￿entiOn. The fiTwKial
statements are presented in sterling which is the fundional eurren¢y of the chaTity and rotsnded to the n¢arest £1.
The significant accounting policies applied in the preparation of these financial statements are set out below. Thes¢
polici¢5 have b¢¢n consistently applied to all years presented unless otherwise stated.
(b} Fund Aetounting
Ullrestricted fimds ar¢ available for use at the dtscreiion of the trustees in fllltherance of the general objectives of the
charity and whÈch have not b¢¢ry designated for other PLW)oses.
Designated funds eornprise unrestricted funds that have been set aside by th¢ Irustees for particular purposes. The aim
amd use of each designated fund is set out in the notes to the fmancial gtatements.
Restricted funds are funds which are to be used in accordall￿ with the specific requtrements of the project contracted for.
The costs of running and administering such fimds are charged againsi the specific thd.
Investment income, gains and losses ar¢ allocated to the appropriate fund.
(c)
Income Recogllition
All incoming resources are illcluded in the Staternent of Finan¢ial Activities {SoFA) when the charity is l¢gally entitled to
th¢ income after any perfom)ance conditions have been tnel th¢ arnouni can be measured reliably and it is probable that
Ihe 2ncorn¢ will b¢ r￿c]ved.
For donations to be recognised the charity will have been notifjed of the amtsunts and the settlement date in writin& If
there are conditions attach¢d to the donation and this requires a level of perfoman¢e before eniitlement ean be obtained
then incorne is def¢Tr¢d until those ¢ODditions are fully met or Ihe fulfilment of th¢)5¢ ¢ondilions is within the Control of
the charity and it is probable that they will be fvlfilled.
Dottated facilities and donated professiona] services are wognised in itteome ai their fair value when the2r economic
benefit Is probable. it caj) be measured reliably and the charity has cc)ntrol over the item. Fair value is deterniined on the
basis of the value of the gift to the charity. For example. the alnount the ¢harity would be willingio pay in the open market
for such facilities and services. A Corresponding amount is recognised in expenditure.
No amount is included in the finaneial statements for voluDt¢er lime in line with the SORP. Further detail is given in the
Tn￿tee8. Amiual Report.
Fixed asset giftg in kind are recognised when receivable and are included at fatr V￿Ue. They are not deferred over the lif¢
of the asset.
20-

Devon
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024 ConL
For legacies, entitlement is the earlier of the charity being noiified of an impending distribution or the legacy being
received. At this point it]come is recognis¢d. On occasion legacies will be notified to the ch2Tity however it is not Possible
to measure the amount expected to be distributed. On these occasions, the legacy is treated a5 a contingent asset and
disclosed.
In¢orne from trading activities includes income eamed from ful￿raIsing events and trading activities to raise funds foy the
¢harity. Income ig received in exchange for Supplying goods and services in order to rais¢ funds and is recO￿lSed when
entitl¢ment has occurred.
The Charity receives government grants in respect of mental health sejvices. Income from government 8Ttd other gt￿ts
are recO￿lSed at fairvalue whet] the charity ha5 ¢ntiilement after any perfom)ance Conditions have been meL it is probable
thal (he income will be received and the Amounl can be measured reliably. If entitlement is not met then these aniounts are
deferred.
Inveskneni income is earned through holding assets foT inve51ment purposes such as shares. It include5 dividends and
interest. It is ineluded when th¢ amount can be measured reliably. Interest income is recognised using the effective interest
method and divtdend and rent inwme is recognised as the charity's right to receive payment Is established.
Incorne tax r¢￿Verable tn relation to donation5 received under Gtft Aid or d¢¢ds of covenant IS Te¢0￿1$¢d at the time of
the donation.
(d) Expenditure RecogDitioD
All expenditure is a¢¢ounted for on an accnll]s basis and has been classified under th¢ h¢ading5 that aggregate all costs
related to the category. Expenditure is recognised where ther¢ is a legal or constructive obligation to make payments to
third parties, it ss probable that the settlement will be required and th¢ amount of the obligation wi be measured reliably.
It is caiegorised under the following heading:
Costs of raising funds includes salarie5 and associated expenses directly attributable to fund raissn8.
Expenditure on charit8bl¢ a¢tivities includes all costs incurred to promote and undertake charitable a¢tivities.
Other expenditure Tepresents those items not falliTJg into the categories above.
Irr¢￿Verable VAT is charged &% an expens¢ against the activity for which expenditure arose.
(e)
Support Costs Allocatio
Support Costs are those that assist the work of the charity but do not directly represent charitable activities and inelude
office costs, governance costs and administraiive pa>ToII costs. Th¢y are incurred directly in support of expenditure on
the objects of the ciwity and include project management. Where sllpport costs ca]llJot be direclly attribut¢d to particula
headin&% they have been allocated to cost of raising fiinds and expenditure on ch3ritsble a¢iivitle5 on a basi5 eonsisteni
with use of the resources.
Fundraising costs are those incU￿ed in s¢¢king voluntary contributions and do not include the costs of disseminating
infomiation in support of the charitable a¢tiviti¢s.
(fj
Pension ColltributlOIlS
The charity operates a defined wntribution pension plan under Auto enro]rnent. The costs of these contributions will b¢
written off in the year they become payable.
(g)
For¢igD Currencies
Transactions in foreign currency are initially recogntsed in Sterling uslng spot rdtes Nling at the time of th¢ transaction.
Assets and I￿abIlitIeS denominated in a foreign currency are translated to sterling using the rates ruling at the y¢ar ¢nd and
any profit11055 arising is written off to the SOFA.
(h)
Int#n8ible Assets- other
Intan8Lble a55et8 are amortised on a straight line basis over their ￿￿tful lives. The use￿1 lives of intsngible Lssets 8r¢ &$
follows..
Computer Sofvare
4 yeats
Straight line
21

Devon
NOTES TO THE ACCOUNrs
FOR THE YEAR ENDED 31 MARCH 2024 ConL
Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at Cost less accumulated depre¢iation and accurnulated impairnient losses. Depreciation
is provided to write off the cost of tangible fixed asset5 less estimated residual valu¢, (excep( freehold land) over their
expected useful lives on the followin8 basis:
Computer Equipment
Equipment and Furniture
Buildings
straighi line
straigh( line
straight line
200/0
2/0
Investmtnts
Investments are r¢¢ognised Initi￿lY at falr valu¢ which is nornially the transaction price excluding tranS￿lI0n costs.
Subsequendy. they are measured at fairvalue with changes r￿ognISed in 'tJet gains 1 (105S¢5) on investments, in the SOFA
if the investsneRts are publicly traded or their fair Yalue can othenvise be measured reliably.
Ik) Debtors
Trade and other debtois ore r￿O￿lSed at the settlement amount du¢ after any trade disc4)unt off¢red. Prepayments are
valued at the amount prepaid net of any trade discounts due.
C3sb at Bank and in hand
Cash at bat￿ and cash in hand includes cash and short t¢rn] highly liquid investments with a short maturity of three
onths or less from the date of acquisition or opening of the deposii or similar aecount.
{ml Creditors and ProvisTron5
credito￿ 2nd provisions ar¢ r¢¢ognised where the charity has a pres¢nl obligation resulting froTn a past event that will
probably result in the transfer of fimd5 to a third party and the amount due tts settle the obligation can be measur¢d or
estimated reliably. Creditor5 and provision5 are nornially recog￿Sed at their s¢ttl¢ment amount after allowing for any
trade discow]ts due.
In)
Leases
Rentals payable und¢r operdting leases are charged to the SOFA on a straight line basis over the period of the lease.
{0)
Employee Benefits
When employe£s have rendered s¢rvi¢es to the charity. short-terrn ernployee ben¢fits to which the employees ar¢ ¢ntiiled
are recognised at the undiscounted amount ¢xp¢ct¢d to be paid in exch&Jge for thal s¢rvic¢.
(p)
Financial Instruments
The charity only has financial assets and financial1É8bilities of a k*nd that qualify as basic financial ins1n￿ents. Basic
financial instruments are initially reco￿1]Sed at transaction value and subsequently rneasured at their settlement value
with the exception of bank loans whÈch are Subsequently me&sured at amortised cosi u5in8 the effective interest method.
(q)
Taxatioll
The charity is an exempt charity within th¢ meaning of Schedule 3 of the Cl￿ritieS Act 2011 and passes the lest of
Paragraph l of Schedule 6 of the Finance Ad 2010 and th¢Tefore it meets the definition of a charitsblc Company for UK
¢OTporation tax plwposes.
(r)
Going Coneern
The fsnantial statemeths have be¢n pr¢paTed on a going concern basis as the trustees believ¢ that no material uneertainlies
exist. The trustees have considered the level of funds held and the expected level of incorn¢ and expenditure for 12
months from authorising these financial stat¢m¢nts. The budgeted income and expenditure is 5uifieient with the level of
reseTres for the Charity to be able to continue os a going ¢oncern.
22-

Devon
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024 CODL
(s)
Key aeeounting judgements alld sourc¢$ of estimatitstt uncertaTrDty
Estimates and judgements are continually evaluated and are b￿ed on historical experience and other fact¢)rs. including
expectstions of future ev¢nts that aTe believed to b¢ reasonable in the circumstances.
Critical judgements ill apptyiDg the Charity's aetOUDtiDg policies
i) A￿Thed income (ttotes 3 and 12)
Income igrecognised tn the statement of financial activiiies when the following criteria has been met.. the charity is entitled
to the income, it is ¢on5idered probable that the income will be received and the income can be reliably measured. Some
projects are funded retroSp￿tive1Y and accnJed income is calculated based on proj¢d expenditure that is to be fimded
under the tem)s of th¢ ¢ontrdcL
Key accountlne estimAtts and assumptions
The charity makes estimates ond assumptions concerning ihe future. The resulting aceounting estimates will, by
definitioN seldom equal the related aetllal r¢sults. The estimates and assumptions that have a significant risk of ¢ausiTJg a
materia] adjustment to the carrying amoullts of assets and liabilities within th¢ next financial year aTe addressed below.
i) A¢cnked income (notes 3 and 12)
Some projects are fi￿d¢d r¢trospe¢tively and accjued income is ea]culated based on project expenditur¢ that is to be
fi￿ded under the temis of th¢ contract. This requires estim8tton of the income due to the charity.

00
In￿(
C40th
¢Jxz<

*ooo
)orrts
¥D
000
aaZ￿￿a￿V0

I

¢> r4
r4N*¢>
voc
zoo&zv)rrJa

c4 t
p40w)
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f- r-
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r4fmCQ¢YIC¢
co r

Devon
r40TES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024 ConL
Governane¢ C￿ts
2024
2023
Independent Examination
Auditor remuneration 2023
Legal
Tn￿lee travel ex￿n$¢5
Human resource adviee
General
2,400
1,2(X)
4,720
4,351
266
5.142
13
341
8.996
1,390
Fundraisillg Costs
2024
2023
Advertising
Giving costs
Events and awareness
SLmdry
Professional fundraiser
tnvesbnent management costs
3,595
3.832
13.083
963
2,782
965
17,676
1,313
6,048
3,131
Net IDcome/￿ xpeDditure) for tbe Year
2024
2023
Net income for the yeaT 15 Stat¢d after charging or crediting..
Depreciation on tan￿b]e fixed assets
Amortisaiion of intangible f￿ed assets
Loss on disposal of assets
Audiior remuneration
Ind¢pend¢nt Examination
2,590
3,462
2,139
3,750
1.292
4,720
2,400
30-

Devon
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024 CoDt.
EtDolumeDts of Employeos
The averdge rnonthly number of employees and fvll-time equivalent {FTE) was:
2024
2023
Devon Menthl Health Alliance
Alcohol amd Menial Health Proje¢l
R¢￿Very College
European Projects
Trainin￿Other
GeneraE
18
28
23
The cost of th¢ employees was:
2024
2023
Wages and salaries
Social securiry costs
Pension contributions
Redundamcy
823.006
66,747
17,047
613,905
48,562
12,588
3,750
678,805
No employee earned greater thall £60,000 per annurn. None of the Directors received any emoluments. One director
receiv¢d travel expens¢s of £341 (2023 - £266}.
The key management personnel of the charity cojnprise the trustees and the Chief Exe¢utive Officer and the Senior
Matydgement. The total employee ben¢fits of the key management personnel were £113.726 (2023 - £115,479).
11. Intskngible Fixed kntts
Webslte
Totgl
C05t
As at l ApTiI 2023
Additions
Disposals
As at 31 March 2024
15.000
15.000
Amortisgtion
As at l April 2023
Charge for the year
Eliminated on disposals
As at 31 March 2024
(11,369)
13.462)
(11.369)
(3,462)
14,831
¢t Book V#lu¢
As at 31 March 2024
169
169
As at 31 March 2023
3.631

Devon
NOTES TO THE AccouNrs
FOR THE YEAR ENDED 31 MARCH 2024 Cont.
12.
T#ngible Fixtd Assets
Other
Equlpmellt
Total
Cost
As at l April 2023
Additions
Disposals
As at 31 March 2024
15,768
4,226
15.768
4,226
19.994
DepreclAtio
As at l April 2023
Charge for the year
Eliminated ot] disposals
As at 31 March 2024
(11.373)
12,590)
(11.373)
{2,590)
13.963
Net Book Value
As at 31 March 2024
6,031
A5 at 31 March 2023
13. Fixed Asset Investrnents
2024
2023
As at l April 2023
Additions
Disposals
Change in market value
Movement in cash held
482.381
97,991
(75,808)
50,296
(15,831)
484.631
(2.250)
As at31 Mawh 2024
539.029
482 381
Equities
Securities
Cash wtthin imtestment portfolio
442,410
92,681
3,938
388,733
73,879
19,769
539 029
482 381
14. Debtors
2024
2023
Accrued income
Prepayrn¢nts
Other debtors
64.959
5,332
2,318
143.205
5,393
17.968
166.566
-32-

Devon
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024 Cont.
15. CreditOTS: Amounts fAlllttg dvt within one year
2024
2023
Trade creditors
Other tsxes and social securiry
Accruals
Deferred incom¢
Other creditors
7,542
19,282
9,533
8.316
3.688
7,180
13,549
9.767
1,525
2.705
34,726
16. Deferred In¢fjrne
2024
As at l April 2023
Additions during the year
Amounts released to income
1,525
8,633
1,525
A5 at 31 March 2024
33-

Devon
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 21b24 CoDt.
17. Fulld Reeoneiliatio
Balance at
J April
2023
Balance at
31 Mareh
2024
Transfer Transfer
Out
Income
Expenditure
Gain
Restrfficled Funds
Recovery Colleg¢ (Plymouth
Ctty Council)
Alliance (Allianee Community-
Contract)
National Mind (Re￿geeS
Asylum Seekers Projeci)
National Mind (Asics)
117,369
106.566
10,803
646,443
625,748
20.695
22,451
14.184
22.050
14.184
800.447
768,548
31.498
401
Unrestricted Funds
GeT2erdl fund
Designaled Funds
Digital co￿$
EU pr(>jects
Developmertt fimd
Cessaiion fithd
Capitsl fimd
Lease ￿MmI1￿ents
IDV¢Stm¢Dts
271,816
185,433
381,375
76,546
42,S65
50.296
160,151
5,(M)O
30,(M)O
50,000
85,000
8,026
111.506
485.000
5,000
30,000
50,000
85,000
6.200
68,284
485,0(M)
1,826
43.222
185433
381375
889 635
Revaluatiott Reserve
42,565
42,565
1046 348
985 880
1149,923
119.111
119.111
932,601
-34-

Devon
NOTES TO THE ACCOIJNTS
FOR THE YEAR ENDED 31 LIIARCH 2024 ConL
Restricted Ineome Fund$
F￿ded Pro'ects
Recovery College Menial Health ServEces - The Recovery College offeTS a suite of different activiti¢s (both online and
fac¢-tO-face) that people cat] access in their own time, doing a5 much or as little as they feel would benefit them. Through
the Reeovery College, ￿e offer a suite of different psy¢hoeducational course5 that support people tts better understand and
manage their mentsl health challenges. We 21so provide ¢ounsellin& acce5S to peer support groups. volunteer training and
deploymenL and opportuniti¢s for people io develop social ¢onnections and build their friendship groups. Our peer support
oups in particular 515PPOrt people to meet others who h#v¢ similar experiences to them, thus r¢ducing the isolation that
mental ill health commortly causes.
Devon Menial Healih Allianee (DA4HA) - The DMHA has a key objeetive to promo1¢ bett¢r system integration between
community and ststutory organisations in Devon to ensure better access and improved O￿lcOmeS forpeople in Devon with
severe mental illness. The DMHA is an alliance of 6 D¢von VCSE organisaiions working in parth¢rship with Devon
Partnership Trust and Livewell Southwest io deliver on NHS England's progratt)me of Community Mental Health
Framework (CMHF) transforniation.
Nationa/MindRefygeesAsylumSeekers Projeci- We worked in parniership with th¢ Plymouth and Devon Racial Equality
Council {PDREC) to support people who had been displaced to Plymouth by the war in Ukrain¢. With the support of an
intery)retei, we delivered targeted Sessions focused on managing your mental health.
Nalional Alind Aslcs - We worked in parknership with the Plymouth ATgyle Community Trusi to d¢sigm an innovative
programme that would support mental health and well-being through the Inte￿allon of gentle physical a¢tivity and
mindfulness PTa¢tic¢s.
UBrestricted Funds
Menlal Healih Training - There is growing economic evid¢nce to show that poor mentsl health in the workplwe r¢suits
in millions of pounds each year bein810st through absenteeism and rK)or p¢rfom)8nce. This has a huge impacl on people
and can result in long-tern) sickness absences from the workplace. We offer a wide range of standard and bespoke training
courses to help organisations d¢velop mentslly healthy IWOTkplaces and to embed wellbeing promotion into iheir core
PUTPOS¢.
DuignuledFunds- All EU Interr¢gprojects require pre-financing, with 60/0 of the expenditure beingr¢paid tothe Ch￿lty
follomryng the sublnission of 6 Tnonthly claims. We will rnainiain a designated ￿nd of £30.000 in the event that th¢r¢ is a
delay in any of the claim repa￿￿ents. The Trustees have also designated £60,000 towards redundancy costs.
35-

Devon
NOTES TO THE Accour
FOR THE YEAR ENDED 31 MARCH 2024 CotsL
17. Fund Reconeiliation
Loss
Balance at
l April
2022
BAlattee at
Tr*nsfeT Transfer Invest 31 March
In
Out
-menty
Income
Expenditure
2023
Restricted fullds
EU Projects
PATH Ilnterreg 2 Seas)
SPEED-YOU-UP (Interreg 2 Seas)
HAIRE (Int¢rr¢g 2 Seas)
1,241
34.395
23,490
8,228
22,557
50,541
11,842
13.079
27.051
3.614
r40tt EU Projects
Recovery Colleg¢ {Plymouth
City Council)
Growth Project INational Mind)
Allianee {Alliance Comrnunity-
Contract)
Alcohol & Mentsl Health Project
(Plymouih Ciry Council)
Wellbeing (Plymouth Ciry Council)
WfER (Plymouth City Council)
WPDF (Plymouth City Council)
Feel Good Grant (Devon
(C0￿m￿nity Foundation)
David Gibbotts
Living Options Contract (COMF)
Colab Exeter
116,669
100.791
3,213
13,759
29,637
3,213
332,178
332,178
132,871
132,871
3.807
2.819
29.509
3.807
2.819
37.224
7,715
2.969
3,000
15,386
7,500
10,316
2,998
31,436
62,760
153
16,050
61,340
1,420
769 945
797 638
Unrestrirted Funds
General ￿nd
Designated Funds
Salary costs
Digital costs
Relocation expenses
EU projects
Development ￿nd
C¢ssation fund
Capital fund
Lease cornmitments
Investments
270,429
589,294
123,847 209.696
671,506 2250
271,816
20,000
5,000
16,579
30,000
20.000
5.0(X)
16,579
30.0(K)
so,000
85,000
8,026
111,506
485,(M)O
so.000
25.000
60,000
176,401
168,375
111,506
485,0(H)
589 294
123 847 881202
876460 2250 1046348
Totsl
610 844 1359
921485
927.406 2.250 1.046,348
270,429
307,980
589.294
123,847
209,696
671.506
671.506 2,250
204,954
271,816
638,026
Designated
578 409
589 294
123 847
881202
876460 2250 1046348
-36-

Devon
NOTES TO ThE ACCOUNTS
FOR THE YEAR ENDED 31 MARCH 2024 Cout.
Restricted lrtcome FuDd5
Euro
an UnioTJ Funded Pr
ects
PONToon {Int¢￿¢g Channel) - Partnership Oppotfjllitieg using New Technologies for fosiering social and economic
inclusioN. The proje¢t seeks to create a model fusing digital technology and creative industries with existing employmefjt
setvices to irnprov¢ access for wornell from diverse back￿oU￿dS ¢xperiencing difficulty accessing equal training and
employment opportunities.
PA TH(Interreg Two Sea5)-To enable women, families and healthcare professionals to wevenL diagnose and successfi]Ily
manage mild and moderate p¢rinatal mental health i55ue5.
TIUFFIR (Erasmus Plu5) - Trauma Awareness for First Rcsponders. The project is a strategic parthership which will
research and explore the best practice and training needs in each of the partnercountries in respect Or￿st traumatic Tnental
h¢alth needs for firsi responders.
PAFYP IEra5mus Plus)- Patrenting Awareness for Young People. This project whi¢h will produce a best pra¢ti¢e training
resource for professionals working with young people in higher education, youth worK ￿￿001 and in any other health and
youth related settings.
SPEED-YO￿-UF {Interreg Two Se05) - Students and NEET Young People, Professiona]s and EducatOTS work on
Employability and Entrepreneurial skills in the battle against school Dropout ond Youth UnemPloyment. The overall
objective is to decrease the nutnber of (at-risk) NEETS by improving their employability through a ￿-Created
entrepreneurship programme that enh8nces entr¢preneuriaS skills.
HAIRE (Interreg Two Seas)- Healthy Ageing Through Innovation in Rural Europe. This project aims to develop and
test system5 that crnpower and enable older people (aged 61h and no longer employed) in rural areas to define what
support they need and to parti¢ipate in the design & delivery of Servi￿$.
on EU Funded Pro ecis
Recovery College- The Recovery College offers a suite of different activities (both online and face4to-fa¢e) that people
can access in their own time. doing as much or as little as they feel would benefit them. Through the Recovery College,
we offer a suite of different psychoeducational courses that 511PPOrt people ts) better understand and manage their mental
health challenges. W¢ also provide counselling, access to peer sUPPOrt groups. volunteer training and deploymen¢ and
opportunities for people to develop social ¢onne¢tions and build their friendship groups. Our peer support groups in
particular support people to meet others who have similar experiences to them, thus reducing the isolation that mental ill
health commonly causes.
Nexisieps (NaiionalLoiiery)-This project provides early int¢rvention provision for adults and young people in Plymouth
with the greatest un-met need for men¢al health support. Support is delivered in GP surgeries in PIyTnouth and within
selected s¢condary s¢hwls.
DevelopmeniProjecl (Noilortal Mind)- As part of aims and objectives to grow the services and infjuence of Devon M?n(L
the Development Project airns to Provide the Charity wilh key intelligence on the tnental health needs of Devon. illcluding
gaps in current mental health prnvision, and opportunities foT parts]ership workillg.
Devon Menial Healih Alliance (DMHA)- The DMHA has a key objective to promote better system int¢grdtion between
cornmunity and statuiory organisations in Devon to ensure better access and improved outcomes forpeople in Devon with
severe Tnent21 illDess. The DMHA is an alliance of 6 Devon VCSE organisations working in partnership with Devon
Parnership Trnsi and Livewell Southw¢st to d¢liver on NHS England's programm¢ of Community Mental Health
Frdmework (CMHF) transforniation.
Alcohol & Menial Healih Projecl- This project is d¢liv¢rcd through the Recovery College tn order to improve access to
rn¢n￿ health support for people with multiple and eompl¢x needs, including alcohol dependency. As a part of ¢his work,
we developed a new relationship with the Alcohol Liaison T¢orn (ALT) ai Derriford Hospitsl in Plymouth. This Work will
Continue to be developed in 202212023
-37-

Devon
NOTES TO THE AccouNrs
FOR THE YEAR ENDED 31 MARCH 2024 Cont.
Plymouih VCSE Wellbeing Suppori- This sejvices provide staff and volunteers working in the VCSE in Plymouth with
access to a l.. I listening se￿iCe. mindfulness course& and 8 VCSE peer support group.
WJER - Wellbeing for Education Recovery Project. Funded by Pl)Thouth City Council, this was a short terni project to
support Plymouth schoo15, coll¢ges and Post-16 provision tt) navigate existing emotional and mental health support in
Plymouth.
Devon Community Foundat￿￿ Feel Good Granl - This project provided D¢von Mind with fvnding to offer free
eounsellÈng to adults in Devon rnost irnpa¢ted by the CovTd-19 pandemic.
Living Options Compnurtity Ouibreak ManagemeKI Fund (COA4F) - This project provided Devon Mind with fi]nding lo
offer free courtselling to adults in Devtsn rnost irnpact¢d by ihe Covid-19 pand¢mi¢.
Unrestiicted Fulld8
Menial Healih Trainin¥.- There is growing economic evidence to show that poor mental health in the workplace results in
Tnillions of pounds each year being lost through absenteeism and poor perfornian¢e. This has a huge impact on people and
ean result in long-tem sickness absences from the workplace. We offer a wide range of standard and bespoke training
courses to help organisations develop mentally healthy workplaces and to embed wellbeing promotion into their core
PUTPOSe.
DesignaiedFunds:_ All EU Interreg projects require pre-financing, with 6￿/ts ofthe expenditure being repaid to the Charity
following the submission of 6 monthly claims. We will maintain a designated ￿nd of £30,000 in the event that there is a
delay in any of the claim r￿ayMents. The Devon Mind premises consist of a Grade 11 19 Centiiry listed building-
order to maintain the building in good condition and meet repair needs in timely mantjer, we will designate £25,(KJO for
this pu￿Se. The TrUs￿eS have also d¢signated £30,0(K) towards redundancy costs.
18. Allatysls of Net Assets behveen FMDds
Unrostrieted Designated
Funds
Funds
Restrieted
Funds
Total
2024
Fixed assets
Net cuttellt assets
545,229
184.255
545.229
387.372
202,716
401
Total
202 716
729.484
401
932,601
2023
Fixed assets
Net Currellt &ssets
490,407
147,619
490,407
555.941
408,322
Totxl
408.322
638.036
1.046,348
19.
Related P*rty TrnnsactiOllS
Trustee James Evans is a partner of Tozet3 LLP solieitors who provided legal services of £577 (ineluding VAD to the
charity (2023 - £7,966). There were no other related paty traTLsaetions during the year.
38-

Devon
NOTES TO THE AccouKrs
FOR THE YEAR ETr4DED 31 MARCH 2024 CoDt.
20.
Reconcilkation frf Net In¢otDe l (ExpendItu￿) to Net Casb Flow from Operating Aetivitie5
2024
2023
Net incorne for the year
(113.747)
435,504
Depreciation of tsngible fixed assets
Amortisation of intangible fixed assets
Gain on disEx)sal of a tsngible fjxed asset held for charity's own use
L05s on disposal of assets
Gain on investments
(Incr¢as¢)Ide¢rease in debtors
Inerewl(d¢oTe&se) in creditors
2.590
3,462
2,139
3.750
(321.853)
1292
{50,296)
93,957
15,591
61.228
(12,670)
et easb flow from operating activities
169.390
21.
Operating Ltxse ComtnitmeDts
2024
2023
Rent and licence to occupy e05ts
Due inside l year
Due outside l year and less thall 5 years
31.267
37,017
43,222
68,284
68,284
111,506
22.
Fi#aneial Instrnmeots
The canying amounts of the eharity's financial Ins1￿ments are as follows..
Financial assets and liabilities measured at fair valu¢ through net income and expendilure.
2024
2023
Finan¢i#l *$stts
Investrients
539,029
482,381
363 124
424 101
Financial liabilities
Trade creditors
7,180
Other laxes and 50¢ial security
19,282
-39-