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2020-12-31-accounts

Openmind.Ed CIO

registered charity (England & Wales) 1185048 24 Somerset Street, Bristol BS2 8LZ

Trustees’ Report 2020

In 2020 the Trustees and Members of Openmind.Ed CIO (“the Charity”) were:

The Charity, a CIO, is governed by its Constitution as approved by the Charity Commission. The Charity operates on a simple and informal basis, run by its board of trustees. It delivered its charitable activities (services to clients) during 2020 through the voluntary work of its CEO, Treasurer and Secretary and one fee-paid Associate.

The Charity is governed and managed through periodic trustee meetings and occasional less formal meetings, including peer supervision discussions. The CEO leads on matters of policy and direction. Financial affairs are handled by the Treasurer and governance oversight provided by the Chair. The Secretary is responsible for correspondence and records of trustee meetings. All management and administrative activities are carried out by the trustees. No new trustees were recruited during the year and the Charity has not yet developed a recruitment or appointment policy for new trustees.

The Charity’s work focusses on undertaking and funding activities to promote good mental health and wellbeing amongst those in Education, with a current focus on school students and university students in Bristol. This includes working with school staff, students and their parents. The work includes facilitation of reflective practice groups, running workshops, providing one-to-one mentoring, speaking at school assemblies and holding discussion sessions with parents of students. In addition, the Charity provides occasional funding to small projects aimed at improving mental health and wellbeing of young persons.

2020 was the Charity’s first full year of operation, during which time it worked to establish its operations and set up a website. The intention was to continue working with clients in the manner that trustees had previously done in a more informal manner prior to inception of the Charity. However, the COVID-19 pandemic halted the normal functioning of school clients early on in the year and consequently relatively little could be achieved, compared with those planned, for the remainder of the year.

The main achievements of the Charity in 2020 were:

people where things had become stuck within the educational setting for that young person

The Charity was able to achieve its intended public benefit through its delivery of the above activities, on the basis that these activities directly relate to the Charity’s charitable objectives. The trustees have had regard to the Charity Commission’s guidance on public benefit.

The Charity’s plans for the future are to continue in its current work.

Financial

In financial terms, the Charity received income of 7,493 through donations and client fees. Expenditure was £2,356, resulting in a surplus of £5,137. There were no creditors or debtors at year end. The Charity’s plans are to normally expend most income received over a year on delivering its services and making grants, and it was largely as a consequence of the pandemic during 2020 that this not possible and such a comparatively large surplus was accumulated at year end.

The COVID pandemic, which severely hampered the Charity’s ability to delivery its intended volume of services. However, this had no significant detrimental effect on the Charity’s finances or viability. There were no material risks or uncertainties worthy of note.

The Charity’s principal source of fundings are donations from private individuals; donations from other organisations; and client fees from the educational institutions it works with. There are no restricted funds and the Charity’s policy is not to accept any restricted funds.

The Charity does not, and never has, employed any person, and has no plans to do so. Any Associates engaged to assist in the delivery of the Charity’s services will be engaged on a self-employed, fee-paid basis.

The Charity has no reserves policy and no plan to accumulate substantial reserves. No funds were held by any custodian trustee.

Luke Menzies

Chair of Trustees 28 October 2021

Openmind.Ed CIO 1185048
Receipts andpayments accounts CC16a
For the period
from
01/01/2020 To 31/12/2020

Section A Receipts and payments

A1 Receipts Unrestricted
funds
to the nearest
£
5,193
2,300
-
-
-
-
-
-
7,493
-
-
-
7,493
6
146
309
360
585
200
750
-
-
2,356
-
-
-
2,356
5,137
-
-
5,137
Restricted
funds
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Endowment
funds
to the nearest £
Total funds
to the nearest £
5,193
2,300
-
-
-
-
-
-
7,493
-
-
-
7,493
6
146
309
360
585
200
750
-
-
2,356
-
-
-
2,356

5,137
Total funds
to the nearest £
5,193
2,300
-
-
-
-
-
-
7,493
-
-
-
7,493
6
146
309
360
585
200
750
-
-
2,356
-
-
-
2,356

5,137
Last year
to the nearest £
Donations,legagies &grants 5,193 -
-
-
-
-
-
-
-
-
5,193 -
Fees for charitable services 2,300 2,300 -
- - -
- - -
- - -
- - -
- - -
- - -
Sub total(Gross income for
AR)
7,493 7,493 -
A2 Asset and investment sales,
(see table).
- -
-
-
-
- - -
Sub total - - -
Total receipts
A3 Payments
- 7,493 -
Bank charges 6 -
-
-
-
-
-
-
-
-
-
6 -
Regulatorycompliance 146 146 -
Insurance 309 309 -
Cost of charitable activities 360 360 -
Grants & donations 585 585 -
Training 200 200 -
Other 750 750 -
- - -
- - -
**Sub total ** 2,356 2,356 -
A4 Asset and investment
purchases, (see table)
- -
-
-
-
- -
**Sub total ** - - -
Total payments
Net of receipts/(payments)
A5 Transfers between funds
A6 Cash funds last year end
Cash funds this year end
- 2,356 -
5,137 - -
5,137
-
- - -
-
- -
- - - -
5,137 - - 5,137 -

CCXX R1 accounts (SS)

29/10/2021

1

Section B Statement of assets and liabilities at the end of the period

Categories
Signed by one or two trustees on
behalf of all the trustees
B1 Cash funds
B2 Other monetary assets
B4 Assets retained for the
charity’s own use
B5 Liabilities
B3 Investment assets
Signature
Details
Details
Cash in bank account
Details
Details
Total cash funds
(agree balances with receipts and payments
account(s))
Details
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
5,137
-
-
-
-
-
5,137
-
OK
OK
Unrestricted
funds
Restricted
funds
to nearest £
to nearest £
-
-
-
-
-
-
-
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
Fund to which
asset belongs
Cost (optional)
-
-
-
-
-
-
-
-
-
Fund to which
liability relates
Amount due
(optional)
-
-
-
-
-
Print Name
Luke Menzies
Endowment
funds
to nearest £
-
-
-
-
OK
Endowment
funds
to nearest £
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of
approval
Luke Menzies 28.10.21

CCXX R2 accounts (SS)

29/10/2021

2