2025-03-31-accounts

ANNUAL REPORT 2024 - 2025

Email address: [e-mail] Website: www.swanseamind.org.uk

Tel: [phone] St Helen’s Road Swansea. SA1 4BE

Registered Charity 1184072

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TABLE OF CONTENTS

TABLE OF CONTENTS
Mission Statement	3
Trustees	4
CEO’S Report	5-6
Public Benefit	7
Chair’s Report	8
Groups	9
Supported Self-Help	10
Children & Young People (CYP) Supported Self-Help	10
Empowering Stroke Survivors Together	10
Volunteering	11
Case Study	12-13
Acknowledgements	14

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MISSION STATEMENT

We’re Swansea Mind, we won’t give up until everyone with a mental health problem gets both support and respect. We provide advice and support to empower anyone experiencing a mental health problem; we have been supporting individuals with mental health problems in Swansea since 1963.

Our Mission:

Open

We reach out to anyone that needs us.

Together

We’re stronger in partnership.

Responsive

We listen; we act.

Independent

We speak out fearlessly.

Unstoppable

We never give up.

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TRUSTEES

Chair - Tony Condon

Treasurer - Rob Lewis Gray

Trustee - Stuart Elphick

Trustee - Karol Kalna

Trustee - Umakant Dave

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CEO’S REPORT

As I reflect on the past year, I am filled with immense pride in what we have achieved at Swansea Mind. Despite ongoing challenges in mental health provision and increasing demands on our services, we have continued to grow stronger, more innovative, and more resilient. Our mission to

support the mental health and wellbeing of our community has remained at the heart of everything we do.

Achievements and Impact

Over the past year, we have:

Supported individuals through a

combination of face-to-face services and digital and telephone support.

Expanded our services to meet rising demand, including launching new peer-support groups tailored for LGBTQ+ communities and those with anxiety and depression.

Deepened partnerships with NHS teams and community organisations, enabling a more integrated approach to mental health care in Swansea.

Continued our wellbeing initiative in local schools, providing workshops and early-intervention support to young people.

Financial Resilience and Growth

Our People

Thanks to the dedication of our staff

team and the generosity of our supporters, Swansea Mind has ensured that we remain financially robust and can continue expanding our reach. We have also invested in strengthening our digital infrastructure and staff training, ensuring we are equipped for the challenges of the future.

None of this would be possible without our dedicated staff, volunteers, trustees, and partners. Their compassion, expertise, and commitment have been the driving force behind our success. I want to express my heartfelt thanks to every individual who has contributed to our work this year.

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LOOKING AHEAD

As we look to the future, we

recognize that the need for mental health support is greater than ever. In 2025, we will focus on:

• Expanding our peer-support networks, with a focus on supporting marginalised communities.

• Advocating for systemic change, ensuring that mental health remains a priority for policymakers and that stigma continues to be challenged.

Together, we will continue to work towards a Swansea where everyone experiencing a mental health problem gets the support they need and deserve.

Thank you for your unwavering support of Swansea Mind.

EMMA JAMES

CEO

• Deepening our commitment to equality, diversity, and inclusion in all

• aspects of our work.

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PUBLIC BENEFIT & CHAIR’S REPORT

In planning our activities for the year, we kept in mind the Charity Commission’s guidance on public benefit at our trustee meetings. We continue to provide services for people with mental health problems and have an open-door policy that means that any member of the public can access our service.

We welcome anyone regardless of personal background, faith or gender.

Signed: Chair of Trustees

Date: 9[th] October 2025

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CHAIR’S REPORT

During 2024/25 Swansea Mind continued to support the Swansea region’s response to mental health issues. The board of trustees continued to provide supportive oversight and governance, meeting on a regular basis to review the finances, strategy and operations of Swansea Mind. Other reports received by the board include safeguarding, equality, diversity & inclusion, the risk matrix and updates of the charity's policies.

The board works closely with the CEO, providing guidance and support. Good progress has been made in key areas of the strategy including financial sustainability through the establishment of designated funds and operational improvement with further investments in the digital infrastructure and staff training.

This year the board was stable during the year. However, after the financial year end in March 2025 the board was strengthened when a trustee recruitment initiative bore fruit with three new trustees joined the board.

In summary, Swansea Mind continues to play a key role in providing support to everyone in the Swansea area experiencing a mental health problem. Our thanks go to the committed and caring staff and volunteers of Swansea Mind who deliver the services that help so many in the Swansea area. Also, to our generous funders and all those who donate to Swansea Mind without whom none of this important work could be done.

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Groups

Swansea Mind continued to run Peer Support Groups throughout the week

Anxiety & Depression – emotional support to those who suffer with depression and/or anxiety. The group is a safe space to share personal experiences. It is a place where we can share strategies to cope and deal with anxiety and /or depression.

Walk and Talk - Swansea Mind’s walking group. Where people can come and join us for conversation and companionship and reduce isolation and loneliness. Being physically active, connecting with nature, and socialising with others are all things which have been shown to have a positive impact on our mental health and wellbeing.

Gardening Group - Gardening is widely recognised as beneficial for mental wellbeing for several reasons. It boosts your mood and reduces stress, improves focus and gives a sense of achievement.

Trans/Non-binary - A safe and affirming space with a shared understanding. Peer support boosts resilience and self-esteem, and helps participants feel seen, validated, and supported.

Neurodiversity – Peer groups can foster a sense of agency and pride. You’re not being “fixed” — you’re being supported and celebrated. That can be deeply healing for mental wellbeing.

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Supported Self-Help (SSH)

Through our Supported Self-Help programme, we have helped people better understand and manage their emotions.

With a low-level form of support over 6 weeks, people work through a series of materials, workbooks and exercises, with a short call from a Practitioner each week to support them through the process.

We were fortunate to have received funding from Mental Health Services Improvement Fund to continue to run the project.

“Thanks for your help. I have never used something like this before but it has been really helpful. Thank you”

Children & Young People (CYP) Supported Self-Help (SSH)

We have established our CYP Practitioners in four schools in the Swansea area- Bishopston, Dylan Thomas and Gowerton and Olchfa to deliver the Supported Self-Help programme.

This has given young people the skills to understand, protect and improve their mental health.

Through six sessions with a practitioner using evidence-based tools and resources to develop a personalised wellbeing toolkit.

“The practitioner was brilliant at helping me to be more aware of my mental health and how to manage it! Thank you very much!”

Empowering Stroke Survivors Together

We offer professional and compassionate support for stroke survivors. Our self-help resources are designed to empower you on your journey to recovery, fostering strength and resilience every step of the way.

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Volunteering

We have three types of volunteers:

Supporter Volunteer – volunteers who help the organisation with administration support, responding to emails and telephone calls and general activities to keep Swansea Mind running.

Befriending Volunteers – volunteers who run our befriending service. This could be a weekly or fortnightly call which offer companionship and help tackle loneliness, isolation and other worries that people may have from a friendly voice.

Student Counsellors – we continue to accept trainee counsellors, who are working towards registration and need to have counselling hours to qualify.

“I have volunteered for around two years at Swansea Mind; however, I have been volunteering for other charities since I was 12 years old. I like volunteering because it helps me, and it helps other people. I wanted to volunteer with Mind specifically after I lost a friend of mine to suicide one Christmas. I wanted to be able to help other people to not have to go through the same thing. I like

helping here and people are grateful for it. Volunteering for a charity is different to paid work

because you don’t do it for the money - you do it because you want to make a difference”

Janet

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Case Study

K. is a 35-year-old gentleman that recently moved back in with his partner and children after a period of living with his sister. He wanted to use the sessions to focus on self-esteem as overall wellbeing had declined over the last six months. In this time, K. had been unemployed after walking out of his role in retail.

During the assessment stage, K. scored the following [GAD-7 =14, PHQ-9 =18; SWEMWBS =17] which indicated overall wellbeing was on the lower side, medium level of depression and moderate level of anxiety.

Over the course of the following six weeks, K. recognized the impact of having no routine in place and the importance of creating routine to support his well-being. He also recognised the uncertainty around employment due to his career within graphic design. This is where we introduced resources such as the “accepting uncertainty” booklet. K. recognised that getting fulltime employment within this area was difficult and identified pros/cons of seeking employment in alternative areas of event management as he had many years experience of this.

Being unemployed at home, naturally had an impact on K with no routine and having late nights. This is where we introduced the “sleeping better” resource whereby K came to the realisation that he was drinking approx. 6-8 cups of coffee per day, plus energy cans. K was further able to identify further triggers, stressors and goals alongside the practitioner to challenge the struggle around his sleeping pattern.

We then implemented further techniques of relaxation techniques around stress management as this was later identified as a contributing factor to K’s current situation. We further worked together to empower K. with a personalised toolkit to strengthen his well-being through use of the “focusing on priorities” and an exercise on “positive qualities” to address what is most important to him right now and the positive qualities within him identified through various situations at home that week whether that be as a dad, partner or as a potential employee.

K disclosed that whilst not in work he was receiving benefits but “did not want to be that guy”. He was able to reflect on his own values and beliefs, what is important to him and what this means to him. We were able to further explore this through completion of the “how to challenge the inner

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critique” resource and identified what emotions this brought up. This led to a significant moment of acceptance for his situation and reduced the levels of guilt he held for not being in work.

By the 6th session, overall wellbeing had improved with higher score of overall wellbeing [SWEMWBS=24] and lower scores of depression and anxiety [GAD-7=6 and PHQ-9=13].

K. had secured a full-time position by our last session and was looking forward to getting back into work.

K described the sessions in the following words: “I think the sessions have been helpful. I find it easier to converse with someone, to actually think about how I’m feeling and puts things into perspective. It also gives me a chance to reflect as I get distracted.”

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Acknowledgements

Swansea Mind would like to thank the following:

Swansea Bay University Health Board

Stroke Association and Swansea Stroke Survivors Group

Swansea University

The UK Shared Prosperity Fund

All those who have made donations to Swansea Mind

Trustees, Staff and Volunteers at Swansea Mind

Mental Health Providers Forum and SCVS

Mind and Mind Cymru

Charity Commission

Austin Bailey Foundation

Swansea Bay Regional Integrated Fund

Mental Health Services Improvement Fund

Welsh Government

Bevan and Buckland Chartered Accountants

Contact Us:

66 St Helen’s Road, Swansea. SA1 4BE

Tel: [phone]

Email: [e-mail] Web: www.swanseamind.org.uk

REGISTERED CHARITY NUMBER: 1184072

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 FOR SWANSEA MIND

Bevan Buckland LLP Ground Floor Cardigan House Castle Court Swansea Enterprise Park Swansea SA? 9LA

SWANSEA MI COKTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 2 to 4 St•t•nxnt of Flnafid•l ActMI Nrth to th• Flnanclal Sl•tsn*b 8 to 14 O•talhd Stat•m•rt of FInw¢￿1 Athl¢be• 15

SWANSEA MIND REFERENCE AND ADMINISTrATIVE DETAILS FOR ThE YEAR ENDED 31 MARCH 2025 TRUSTEES T C(ThJcfft Ichairl S EVik {re￿ne￿ 9.10251 K Kakna J Wikn 10.10.24) R D L￿s-GraY (re￿￿ 13.5.251 U R D￿l•)￿nIed 18.7241 A N Shaikh laprKxnknJ 12.6251 A Shereef larwnted 12.6251 L J Cwnbukn larp3￿18￿ 12.6.251 PRINCIPAL ADORES8 ee st Hekn R￿1 SA148E REGISTERED CHARtrY NUI 1184072 INDEPENDENT EXAIAIP4ER B8V8n LLP C8sU• CtyJrt Swansea Enterprise P Svonsoe SA7 9LA

SWANSEA MINO REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 The InJstee$ ryesent thw'r rerth with th8 st81ements of ts thnty fry ts yw end￿ 31 Mard) 2025. The trustees hav8 aopt&l Ihe proms￿ of A¢cJunty"rMJ aThl R8wybrvJ by Charitw.. Ststement of Pracuce ap￿ICable to charibes preparing their ac￿nts in ac£crfd￿ wth the Fin8nrAal RepJkn3 StaThlard aFf)h¢ab￿ in the VK and Republic of Ireland IFRS 1021 20191. OWECTVrfES AND ACTlVtriES Ob]4¢tlv The objectwes cl the Swansea Mind arn to wovwje sw)tyt and servKes to those with coTrJith)ns d 8n))t)n81 or rneThtsl distres5 roquiw atfvth ¢ trtatrngnt, in ass￿18￿ ￿ Nath)nal Mw¥J and in (yxtsncè With th8 ams and tiLtiv8s of NatSonal Mind. To this end, the Charity Y￿bYe$ acts"¥e 8￿th￿p}. for thken and svJtvJ ￿)p￿￿, Infomi8ts"on. and 8eW-hdp group3 ¢JgsvJned to t4nefft Ihe The trustees confmi that thay hav8 r8fw(gd lo tho guhJarTh ￿￿laIn￿ In Ihg Ch•1ty Commslon's gwar81 guldanc• c publ1¢ benefit r8vithry the TnJsV8 8irr8 8￿1 ot4thes 8Th1 kn plaThYd fubjre aNJ tho owtt mgklrvJ pdicy for Ihe year. FINANCIAL REVIEW Flnanclal perfomianc• Swansea Mhd rwrts 8 8urp1&8 of t17.S9S 12ff24.. £117.647) Iwr•ty to hYuc•J •xpand￿r9 offsèt rèthJL'ons in Inccrne. Totsl inccffie ￿ Ihe yoar w85 £263.720 12024.. £402,634) dMatr￿ of £28.699 12024.. £54,389), 9rants of £223.77412024.. £337,71918nd wthr8St •WXNn8 Lrf£11,24712024.. £10,526 Total expondilurn wd8 £246,125 12024". f284,9871 88 a resum cst8 £165,240 12024. £197,103) Totsl r￿rY•S inww3 to £832277 (W24.. £614.6821. P￿2

SWANSEA MIND REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2025 FINANCIAL RE￿EV4 R8serveB Section 1- Inlrodudknn 1.1 Scopg This pollcy definès Swansea Mind furhts 9￿￿&￿ frrffi 8rry surr•Js trom Speci￿ srrt)nsced pro￿, donations rect￿y and luethi￿r￿j events by Ihe d)arity. li ensures Ihal ar8 as twared as possIb￿ for By sottSng 8SkI8 th9se reserves. oJmrThtrrrt to rewslylB ffinancA stthvardsl and Ihè ojntinued 8us¢ainai4Yty olour owB8lK￿. 1.3 Alms The purpos8 of th8 R88w PdScy larMw5t olh8r F¢&iesl 81 Swan8e8 MkKI Is to finprKial 8tsbilty no susta￿ab￿￿ty ol ts org8nwticfi. ¢￿"ne$ and Sy rnwnta￿ th8rKkg1 roserves to." - Protect the ￿ts"nu1ty ol Sw8ns8a Minrf8 In k"n8 wlh ts strat￿ r - En8b￿ the charity to carryon %xMking thr￿￿ a drffir¥rt peTr>J . DtsC￿e lo use rewves to fiJrthuv ￿ 8Th8 01th8 d - Fut￿ unèxpoc18d cc4ts . Allow for the wel.rnan•J8d thure of dwrty slxxthj thi8 bg r¢o$88ry (fjrJJthg r•dutKl8ncy ¢￿t5 Cf P8n$lon hatMlit05 where approproto). 1.3 Roles •nd r••ponslbllllle# The Board of Tru5tee5 have overal respowtrf.lrty comph•s cJr Wl and othtal oblwJation8. and thal all those undo¥ our Lwitrd c4)mpty wth rt. Th• tyirnwy and daY￿￿thy r8smiblty imrl•mnbNJ this $its wlth 811 rn8nagers and CEO is resw)nstYe for rr￿lL¥ll9 ts use eff•"vwess 8Th1 d88lfvJ wth any Queriès on tts ierprgtalKJn. Manag8m•nt at all 18veL8 t¥ lor In￿J1￿￿ I1Th8 wh) reF#yi k) th￿ oré m>Jg aww8 ofand undarsland and are gfven ad•quat¢ ar$ rew19r traInI￿ It. 1.4 R•MTh•• Our ¥•serweB pomcy Bets our targ•t r￿r¥88 W lo en8tYe us to excesses or d8ficats cornp8red to tsrg8ts and ensure tyjr fI￿rI91 $U8ts1n￿ilfy and rtisiliti￿. aim is to stre tho awcpriats baknco enBuriThJ 6ust8lnab n8nrial po￿1￿¥) u5irg ourfvnL In a I￿Y to fuN ourstrattyy. Trustees h8ve agreed 8 to rnaintsin ffee rs8rv•s lU￿851r￿edI a taW r8ThJ8 01 fv12 mornlhs of opar8J eosts Flus any redwjancy or Feth lat4Kl8s b) 6rtsur& that Ihe thartty aKvay8 be 8bl8 to down in a 8afe 8ThJ professional way. In •JditI￿, Ihe truslees agreed k dew[￿te fuThJ$ 41 Ihe ccffllng fln8n(aal yoai enable Ihe to rnaxirni5e ts seNces. wnpad cfpytyTrls. Thè pc4lcy atffjJls lo unr$trK￿ reseNes. as ￿trI￿8d tuth we, by already athxatsd to a purpw. An explanation of lypes of regeNes listèd in Seckn 2 d Ihe Soctlon 2.. Typ•• otfvnds oxplalned 2.1 It••trfj¢t•d fvnd8 Consists of fvnds recew thal sp8ufy wecl or funLIKfft Ilw to te used. Whère th? funded athvSty is ongL¥ng bul sutr4ect to wew 8fKJ renew￿ at $peth times le.g. fiJThl6 axxted annual￿) fuNts hekj ISUWL 99n9rated after a¢￿Unt1￿J all cwtslaNJi)g exsxrths rBknnt kn the that al that date w￿1 bg consdared as rx) bwr r8slwKted tr8n6ferr•J to U[￿851￿￿￿1 FuThJs ￿L%)unt. s￿#] the Contr￿ $r(kdly state Ih8t any wrFao fvThts al ttw5 dal8 ara fr) b• r•bJm8J to the sFM)tK(¥ ilhin thdr erified in the or ouw furKliryJ wwnent. th￿ Ihw lunds VAI t tet8ined rs Ihe ￿$th"¢￿￿ funds account unyl sud) lime 8$ Ihey are lo sportsu. Aftw ¢his twtE, any gJrFkn lurK15 ￿11 ￿ kwer ￿ I￿$￿jgI￿d as r0slrict￿I and transfeffed Inthe uNeslrthl fimds &counL P*J8 3

SWANSEA MIND REPORT OF THE TRUSTEES FOR THE YEAR ENOED 31 hlARCH 2025 FINANCIAL REVIEW 22 Unre5trlcted fuThls (sometimes referred to as Free Re8er¥esl Consi51 of funds transferred from th8 r8slrthd funds a￿A￿nl ¢trffiatKMB cash r8c8lvwJ frrjn a￿6M81 dMo no use K18ntifi8d and 8ny wljs get￿818￿ from sp8uk fundrai￿￿ events wafyj by the thwity. The use of these funds wll contrcq￿d by the LwTty at thwr ab5dule thsc¥ebcf suty8c to the apwopriato apwoval by IF 2.3 DMignatd fvnd Conskst of fU[￿S transf￿rad th8 unrasirktsd fvrkts accojnt LO fund and rtems of expenditur8 tl8ntifi&J by the charity and apwoved by the main 8oaYl of Tftkstees. wh￿St not￿ ethwstve Ik4t some axamrAes are listed bdow.. - $￿Irl¢ ¢rtgrilatAe Fw¢¢ts SFKxwred by th¥nty - additional funthng lo exte￿ sponso￿1 servhxs or prOj￿ts vth8re thwe * 8 s￿lIf811 or th8 th&rty * of the 0pM￿)N Ih&t should run trwnd the gnd dale dar￿ed by the ftjnderfspw - idèrrtrfied 5peafic c8pi¢al ey4nditure e.g. le￿en1 Oir￿e eqLtipm8nt -fiJndlng u￿xpeCt6d m¢Msas in 8XE￿1rtLrè wlhtyJt whith th8 thanty m8y exp8ri8r￿e ¢ffftukn"es n ￿tinUing to operal6 - wovl¢8 funds to enabk an cderfy wThJiNJ up ts chty kn IhB event of any lubJre financi￿ it may enoxntÈr . lund any in¢y6ase ￿ exF¢nth"tur8 Tr)t fr)resa8n al lh& Ir¥t41 t8ThJw st¥ rA a or •.g. ensurirMJ aff ¥aLgrf9S ore m8intalned at an 8w4ptsbl8 in cuntffjrl&)n to the m8rk8L Soctlon 3: R••pondlng to r•8•r+•8 out•ld• th• d•lr•d rang• Trustees wll ke8p their res8ry8s of r8seN¢ r•vw. Th levd of r98eryo has been ￿￿dered Ihe ¢hartVs [￿k Managert￿t. 8 r958rv8s fall bebjw th8 target rang8 th8 board I￿1 urggnty F4)808 ary 8•lous lo Iha ctharfty. The board 8150 akn to 8(ktres8 any shcdlall wthin 2 yews. In Ilne wlth Chatlty CommL8th gukJ8nce. K free reseNes are 8bfft thts mo￿rnuM twg8t, th8 trA)8rd wll agree how Such lund$ shouks best b8 usod lo lurtl￿r the wms of the chanty. as unne￿$Santy hc4diNJ ￿ttr fvnd5 lirnits th8 benefft5 that can be delNered. We wll Ihen transfer reserves lo desvJnatth1 I￿)d$ aThJ 8(MI 2 yeaTB or rt. STRUCTURE. GOVERNANCE AND MANAGEMENT Govemlng ￿￿￿mOnt The charty n ccmtr&l8d by N8 go¥•Th￿r￿j a d••d of tru8t 4rk1 ct¥th"tut•S A ¢th#ritablg (Kg8Wtv)n Icioi. 9•nIM￿onI1 •tructurn Tho Charity is guid￿ and ov8r588n by 8n Ex￿ul1ve Comrni1188 IVIAunlary Trusleesl who m88t on o regitsr bas￿ 8ThJ managed by 8 CEO ￿th a small 168m ol staff who run Ih trganBation 8 day to dpy b89i8. ApyrovgJ by order oftre twl oftnthes cr... aThJ ￿gn•d C￿ tts t•haW ty. T Con(k)n- T

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF SWANSEA MIND

Independent examiner's report to the trustees of Swansea Mind

I report to the charity trustees on my examination of the accounts of Swansea Mind (the Trust) for the year ended 31 March 2025.

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

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

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

2. 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.

Henry Lloyd-Davies The Institute of Chartered Accountants in England and Wales

Bevan Buckland LLP Ground Floor Cardigan House Castle Court Swansea Enterprise Park Swansea SA7 9LA

Date: 12 January 2026

Page 5

SWANSEA MIND STATEMENTOF FINANCIAL ACTivmES FOR THE YEAR ENDED 31 MARCH 2025 2025 Totsl 2024 Total funds INCOME AND ENDOVIAIENTS FROII Donatk)ns and legaci&s 54.389 CharltabL8 actlvttle• Ch8ri18b18 8thth.es 2fJ.774 223,774 337.719 Investmènt ino 11247 11,247 10.526 Tolal 223.774 402.634 EXPENDITURE ON Charltable actlvttlts charits1￿8 8cttvlt￿S 3.371 242.754 246,125 284,987 NET INCOMEIIEXPENDtruRE) Trnn•f•rs b•tw••n fvnd• 38.575 1S,463 118,9801 115,4631 17.595 117,647 N•t movemont In fund• 52.038 134.4431 17.595 117.647 RECONCILIATION OF FUNDS Tot4 fu￿1$ brwght lorwar 263.703 614.682 497,035 TOTAL FUNDS CARRIED FORWARD 315.741 316.536 632.277 614,662

SWANSEA MIND BALANCE SHEET 31 MARCH 2025 2025 Total ndB 2024 Totsl Is thJnd8 CURRENT ASSEf8 Debtors Cash al bank and in hand 229 635,843 36.023 581.642 319,9)7 318,538 319.536 316,536 636.072 617.665 CREDITORS Amounts falling wilhin cTh year 13,7951 13.7951 P.9831 NET CURRENT A8SETS 315,741 316.536 632,277 614.e82 TOTAL ASSETS LESS CURR￿ UABILrrEs 31S.741 316.536 632.277 614,682 NET A8SET8 315,741 316.536 632.277 614.682 FUNDS Ufirestncted funds RestrKlgd furyjs 315,741 316,536 283.703 350.979 TOTAL FUND3 632,277 614,682 The finan¢i818tstement6 apwoved by ts Bowd gf Trust￿8 aTrJ thrl¥od ts r8we on .l..LSAhSW..Y..&Q and w¥è b8hairty. T Condo . TnA8taa

SYIANSEA MIND NOTES TO THE FNANCIAL STATEMENTS FOR THE YEAR ENDED 31 IAARCH 2025 ACCOUNTING POLICIES 8asl$ of prepa￿￿0 the Ilnan¢lal ¥tatements The finatKial 51aterrwts of Ltsity, whith ￿ a 8nity FRS 101 havo boon pr￿￿ In aC(￿rda[￿ with the Ctsribes SORP IFRS 1021 'A(tJ)unbNJ Repyb'ro by Charibes.. Stslement of Reixjrnrnended pract￿ appli(aA8 lo rknbgs FW8riffj tr"r ac￿nts in aLLYxdanc8 with the Fina￿181 Reporting Starthryj applicabk in UK R￿ubl￿ ol Irelwl IFRS 102118ffe("ve 1 JanL¢ry 20191,. Financhl Reportlng Starthrd 102 Financrdl Standard 4)pli(xL48 in th8 UK and ReWc of Irelantr and the CharitJes Act 2011. fjnandol statemeths have prvparnd uTrJerthe historical ccét convenbcfft. Incom• AH Ir￿cThe 15 rerA)gni8ed in lh8 Statement of FM￿rial Admles th• chlty has èn11d8￿n{ io thè fvnd$,any pèrfonnw)c8 condil%)ns att¥hed to Ihe iternl8I ol IrKone have been meL It L8 that the wll btr r8cw•J the arrK￿nI can te Inco￿ frcm go¥erNnwrt aTrY ￿nts. '(aOW grarts ( 'revenue' gr8ntS, 16 reco2ni68d ¥th8n the charity h&8 entit18m8nt to Ihe fvjrnls, any ¢4Jx1th15 attaGW to Ihe grants have b98n met. h is probatle Ihat th• iKOrn8￿￿ll bg aThl ts amount w be rWarrfJ * Mlt ￿l￿r0d. Don8ts"ons. are recc¥Jntsed vknen thtr Tr￿1 has been in ￿lling of botr the 8riM)unt SOtt￿r￿an1 date. In tho avenl that a éonatk)n L% to tonditknns tlwt requ¥8 a ￿ of ￿rf￿rn9nrO before Ihe Is enUU&Y to the fvnd8. Ihe Is deferred aThY recc¥JnL8ed ￿￿1 are fijlty nt. ￿ Ihe futfilm8nl of t￿e condthns is w￿ty V￿1h1n Ihe rx¢ttrol cd ts thrty aThJ rt k8 thal th058 coTrJilins wll b8 fuhllled In the T8p￿ting Interest on funds on ¢Jepost is 4)dudod wth8n r8cvable and the orn¢xJrt LW t W￿Sur8d MILqtty by th$ rity.. Ihis is Tryrnaty up)n Th)lrfkalth oflh• int8f•St payab￿ by lh& bart( Expend￿ Liabilit￿S 8r8 r8ccqnly•J a¥ oXP8TrJth as thwe c£¥NnittiThJ the charity to Ihat expendltuts. it os wtsbab￿ thal 8 trawth cl be requlrth1 in tlemvnt aryj lh• arrojnt olthe obllgathj) can be m6asufed Expenditure is accounted fcrf cffj ￿ acc1￿ bas. All irthlry WPF#xI o)sts Enj govemance o)sts ar albxated ￿ arwuc￿8o to the a[￿table hJlThJ& IrrKov•raW¢ VAT IrrecL)verable VAT L8 • Mtthè txpothr• for * was n)md. FInan¢1￿ In•lrumvn The chanty onty has fir￿￿181 8$8ets a￿1 finarKa81 a kmd that qualty as ba￿¢ finan(aal i￿trUMents. Basic finawal instrurn8nts are 1nrtkqI￿ re£o3ri8ed at IwSaCtK￿ vakJ6 aThJ subsaquanly rrna5urgd at their 8effiem8nt value wlth the eXc•p1K￿ of bank k)sns whth are wtrAwuenty m0asw￿l al 8moiThs&J eost uwrrfJ Ihe effective Interest trnth￿. tntsr•st re¢•￿8b Inte￿$t ￿ funds h8J on d8FQt 15 I￿udad %then receNatA6 aThJ the bg [r￿aSure0 remaw ty the ¢haftty". Ihts nolffL￿ oltr p rA iry Ihe b&. T•xatlon Th8 charity15 exgrnptlrom lax ts Lantst4e Fund accountlng ufjr8str￿t&j frjrnls are avaiatde use at Ihe ol the Tnjstees in lthnce of th8 gar￿1 obpthves of th8 charity aThJ whth have not been desgiatsd fr any oth8r PLWPLWS. P8ricKk. Re5lri￿ed lunds 8r8 thjnds k) reslridKM imFKwJ by dcfftus ￿ whth have been raised by th• charty for pthlar The and use r restrld*l fu￿1 ks $8t Lwt in to the finan¢k81 statements. P￿8 ojntinugd...

SWANSEA AIIND NOTES TOTHE FINANCL4L STATEMEpifs. ¢ontlnu8d FOR THE YEAR ENDED 31 MARCH 2025 ACCOUIU14G POUCIES. Continued P•nslon coats and oth¢r po8t4etirtment benefits The chanty owrates a defirth contrbJtk)n sCkn￿￿. Cthrtkn p#yth to the (knarws scheTr are c• to Ihe Staten￿t of FrwKial w) th# to reLqte. Debtor8 a￿ valued at the amwnt prepatiJ net (rfany tr due. Calh at bank •nd in hand ash 8t bank armj cash In hand tsthd85 ca¥h sh¢yl term hwty Inv8strn8nts ￿ a m8turfty of three months cf Iw Ihe ¢Jate Ofwsl￿n c¥ ep8wJ ofts depc6 of ￿m￿ar 8crcMJnt Credltors and provl•lon8 Creditors and provtsths are r￿￿ed where the dwity has a present ¢)bbgats'on r85Lth¥ from a past event that will resLAt In Ihe tr?￿r Lrf fwd5 b) a IhKd party a￿1 the anvJJnt du? kn 89tUo tho c)1￿￿On can measured 8th'rrk8knJ r8l￿bty. Crethcn 8ThJ are retojrl￿d 8t Iher 8ettl&mw ￿nt alttr albwing lor ary trad8 discwnts due. INVESTMENT INCOME 2024 11,247 10,528 TRUSTEES. REMUNERATION AND BeNEFITS 31 ma￿ 2024. Tru•t•e•' ex￿￿ Th8rv w8r8 nts tr￿lee$, 8xpenge8 I￿1h8 j*r￿ded 31 2025 31 March 2024. STAFF C08T3 The Bvera98 rTrJnlhty cl•nWty8ts duty the yew was as ftho.. 2025 2024 M8rwm8nl Administrawon Pr4ertwcrfker 10 £￿tinue¢...

SWANSEA IAWD NOTES TOThE FINANCIAL STATEMEi¥fs. ¢ontlnuBd FOR THE YEAR E14DED 31 MARCH 2025 COMPARATIVES FOR THE STATEMENT OF FMNCIALACTIVMES un￿SlI￿ Total fvnds hJnd8 INCOME AND ENDOWMENTS FROM Donations and legaaes 54,389 Charftabl• xti¥itl¢• charits￿ a¢lNities 337.719 337,719 10.526 10,526 Total 64.915 337,719 402,634 EXPENDMIRE ON Charltabl¢ a¢tfvitl•• Charilablè &tNit 26.193 284,987 NET INCOME 78,925 (T6,7￿1) 117,647 Trnn81•rs beiw••n funds 76.750 N•t mov•m•nt In fub)d• 115.4T2 2.175 117,647 RECONCILiATION OF FUNOS Tcal funds brw foTrv8rd 148.r41 348.804 497.035 TOTAL FUNDS CARRED FORWARD 283.703 614.682 DEBTORS: Amoupifs FALUNG DUE w￿mIN ONE YEAR 2025 2024 Pr8payTh8nts *)d Inttffj 36,023 cRED￿OR5.. AMOUPff5 FALUNG DUE bYtTHW ONE YEAR )25 2024 Ot￿r ￿e￿￿Or$ 22 2,961 3.795 2.983 Page 10 £￿tinUed...

SWANSEA MIND NOTES TO THE FINANCIAL STATEIAENT5.conlknuBd FCXI THE YEAR ENDED 31 MARCH 2025 MOVEMENT IN FUNDS At 31.325 At 1.4.24 in hjnds lund$ Unre•M¢teil funds Gener Fun¢J ConliThJency Fund Projact Continuat)n Fw)d Oesvjnated FLJnd 123,703 38,575 144,5371 195.(KX)I 145,0(Kll 200,0 115.741 45.C 283,703 36.S75 15.463 315,741 R8strICt￿ funds Mind Counselliro S8r¥ Cora R￿r[cl•d FuThJ B&Q Foundakn'on Shared Prosperity Swansea Univer8ity 30.762 36.254 267,188 3,250 13.525 115.2991 14.0451 115.4631 267,188 2,3 12871 113,$251 14.176 14.176 380.979 118,9801 115.4831 316,536 TOTAL FUNDS 614.682 17,595 632,277 Ir￿1)nIng Rès(wJrc89 Movemènt xperKl•d In fu￿$9 Unr•8trfet•d fundB General Fund 39,946 13.3711 36.575 R••trld•d lund8 Swansea Bay Un￿$r￿ Hèath P•)3rd Mind Augtln Bailey Grant C￿nSel1[ng S8MCS Mantal Heallh SeNts knwobwrrwnt Fu B&Q Foundat￿ Shared Prosperity Swansea UnNersty 88.708 188.7081 144.5761 11,8331 14,0451 151,4891 12871 145.9751 15.8411 115,2991 14,04SI 51.4B9 12871 113,5251 14,176 20.017 223,774 1242,7541 118,9801 TOTAL FUNDS 263,720 1246.1251 17,595 Page 11 o)nfjnued...

SWANSEA MIND NOTES TOTHE FINANCIAL STATEMENTS. C￿￿m FOR THE YEAR ENDED 31 PIARCH 2025 MOVEMENT IN FUNDS. continued Comparknes for movement In Ithmts Net Tr8nsfas At 31.3.24 At 1.423 fLmds Unrestricted funds Ge￿ra1 Fund ContirvJency Fund Prwt C£￿ti[S￿at￿ F￿ .231 38.722 76.75) 123.703 95.000 45,000 148.231 76,750 263.703 R••trl¢t•d fund• Swansea 88y UnNeryty He4th Bcwd Mind coun8elk.ry N8ts'onal Lottery CYP LbJyd8 F￿jnd8t￿n Cora RerKI￿1 Fund Mentsl He8th S8Nca IMpro¥wr￿1 B&Q Founda Shar8d Prosparty 49.(KKJ 2.456 14.1561 125.(th1 I49.OC￿l 136,850 17.0 30.762 23.410 25,000 27,250 )8.188 {52,2501 59.0(N) (10,(￿￿) 267,188 10,LXK) 3,250 13,525 18.375 14,8SOI 348.804 78,925 (76.7XII 39).979 TOTAL FVNDS 497.035 117.647 614,682 exp8nd8d in frJnd$ Unre8trlct•d fund• G8r¢r4 Fund 84.915 126,1931 38,722 R•strlcted l￿d Swansea Bay UnN8rsty Ho9th B¢•d Mind Auslin Bailey Grant c￿n$¢I11n9 S8rwco8 N8tk)nal Lottery CYP LIWS FourKYalH)n M8nlal Health SeNSc¢ FuThJ B&Q Foundation Sharod PrLwrity 85,297 131,072 2.7x1 138.2971 1128,0161 12,7501 14,1561 125.lJ)01 49,000 2,456 14,1561 125.0001 25.( 10,000 3.250 18,375 53,650 143.6501 14,2501 114.0751 337,719 1258.7941 78,925 TOTAL FUNDS 402,834 1284,9871 117.647 PaJ6 12 conlnued...

SWANSEA MIND 140TES TO THE FINANCIAL STATEMENTS.¢ontlnwl FOR THE YEAR EIIDED 31 MARCH 2025 MOVEMENT IN FUNDS. ¢on¢lnu A curr￿& year 12 rTh)nths and 12 monts corthn&J as tDknvs.' At 1.423 in fitrJs 31.3.25 Unr•Btrlrtgd lund¥ General Fund Contlngentry Fund Project Con￿nUa￿"C￿ F￿>S De8Enated Fund 8.231 95,OCQ 45.lJOO 75297 32.213 195.0001 {45.0001 115,741 200,000 148231 75,297 92213 315,741 R8Strfctsd funds Swans88 8ay Univer8ty He&tth 8wd 149,(KN)I 152.1131 17.Ct(I 64,956 23.410 25.(XYJ 27,29) 208.1&8 112.8431 182011 125.IM)O 2S.LKX) CounsdYJ Swle Nath)nal Lottery CYP Lbyds FiJJrKlalion Core Resfficted Fund M¢Thtal H88lth Sarvi￿ FwA1 B&Q Foundation Shared Prc6perity Swansea Unfvorsty 32,209 152,2XII 59.¢ 110,(XX)I 267,188 10,( 2,963 14,8XII 14,178 14.178 348,804 59,945 1922131 3f6,$36 TOTAL FUNDS 497,035 135242 632,277 A cuwent yew 12 nKrth8 8nd fv yaar 12 rrrtth8 c•nlrthJ In fvnd8. knduded in Ihe Ob0￿ or• folknw5.' •XFerJ8d in fiJnd8 UnTrstrlctod lund• General Fund 104.861 129.5641 75297 R•8trlded lund• Swar￿ea Bay Unfvwsty Wh Bowd Miné Austin Bailey Grnnt Counsdlng SeMce8 N8tK)nol Lollery CYP Foundation Mental Hoallh SeNke Inyov•m•nt Fthwj 8&Q F￿dalK)n Shared Prosperity 174.005 1fl),349 1125.Tr)51 1173,1921 14,$831 18,2011 125,(X)01 49,000 112,8431 18,2011 125,OQ)01 25,0 10.0(M) 2,963 4.850 14.176 25,IX#J 105.139 195,1391 14.5371 IPJ).0501 15,8411 20.017 561,493 1501.5481 59,94S TOTAL FUNDS 1531.1121 135,242 Purpos• ol rn8tri¢t•d funth Swansoa Bay University Heath Bcwd. To uw1 tmisK¥) 3upF¥yi 6eTri(ts M￿- To ￿ used tr ￿tainabl￿ty •xl gruwth P•J8 13 ntinued...

SWANSEA MIND NOTES TO ThE HNANCIAL STATEAIENTS. ¢on1kn￿￿ FOR THE YEAR ENDED 31 thIARCH 2025 MOVEMENTIN FUNDS-cortinued Austln B8ley Grant. To ba u6e(I forth1nk￿l8IK NetiMal ￿ Commuth FuThJ. To b• uJ ts Ihe Y￿r￿ wcye(a Doslgnatod ro5orv•. con￿n99nCY The ¢hW aims to W th￿ fuTrJ ￿ to £95.(￿) over th8 fvw years. the 8v8nl of th& dwrity b8in9 WOU￿ up IhB lund cover six rr#)nth5 Cm CP8rating cc6ts Ihe c)5ure ofth8 tharity. Core Re•trl¢tsd Fund The tnjstees prevk)usty carrled cJt a revbw ol ftjrth Ixjlt up by the charty ¢JK4dod that whero funding had bo8n T￿Ved for cor• costs Ih&8 sh(yJbJ ￿ Ireal•J as reslricted unll sperd. RELATED PARTY DISCLOSURES There ￿re no r8labJ pa￿tr￿[C￿$ entsj 31 2025. Pago 14

SYIANSEA MIND FOR THE YEAR ENDED 31 MARCH 2025 25 2024 INCOME AND ENDOWMEIITS Donatlons and l¢gad•s Dmat￿S 28.699 54,389 In¥•8tm•nt Incomo Deposrt acwunt inter8St 11,247 10.526 Charltabh actlvlb•• Grants 223.774 337,719 Total In￿mIng r••our¢ 263.720 402,634 EXPENDITURE Ch•rttabkn actlvltl•• Wage5 165,240 27.444 197.103 24.056 289 5,290 1.903 4.278 6.103 916 3CK) 2,787 9,964 1,236 10.645 6,163 7,237 2,321 Rale$ and water Insuranc L￿￿ art hgat Tdephone Admin, postage & 8tatKffj8ry Advertlslng Sundrs Clynpuler UF centreldr0￿n Trav81 expen8e8 Training aThY o)nferenc48 Ronl Bullth'rrfJ maint8n8n¢o Coun8elling Grow wld expendrtur Consuttancy Affi118￿ON ec6ts Subscnp'¢y 5.978 4,051 3,816 7.413 9.267 1.449 2,351 1.582 I,S35 750 700 145 242,093 281,291 Support costs Governance costs Acc￿1n13￿Y ￿9￿1 fe•# 4.032 Total r6s(xJr(xs eXpe￿Ied 246,1 284,987 N•t Incomo 17.595 117,847 Page 15

SWANSEA MIIIO 31 h48rch 2025. r•]Luwbnts of Chth Lt2011 llhe Art Indwndent•Xamlno￿¥ 8tat•m•nt am q￿lIfied to w(J8rt8ke th8 ex*Malm 8 rnnber cllhe ol Chwtefftl in ETrJ¢and 8nd wa￿$, i8 C￿ cl ts Ustsd Henry Lbyd.Da¥l8B 8tron LLP Gr(KJnd Fknr CArthwi Casue Court Swansea S47 9LA D8ttr. 1? ￿28