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2022-12-31-accounts

Openmind.ed CIO

registered charity (England & Wales) 1185048

Trustees’ Report for 2022

This report is for the Charity’s financial year 1 Jan to 31 Dec 2022.

In 2022 the Trustees and Members of Openmind.ed CIO (“the Charity”) were:

On 6 September 2022 Robin Herbert retired as Secretary and Chereece Ryan, Operations Manager, was appointed as Secretary on an interim basis. The charity’s registered address was thus altered to the new Secretary’s home address in Bournemouth.

General

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 the year through the voluntary work of its CEO, Treasurer and Secretary and several fee-paid Associates.

The Charity is governed, and managed at a high level, through periodic trustee meetings and occasional less formal meetings. This year, Management meetings were also introduced, 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.

Main achievements this year

The main achievements of the Charity in this year were:

consistency and professionalisation to the management of the charity and quickly allowed administrative and operational activities and structures to expand, quicken and improve

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.

Future plans

The Charity’s plans for the future are to continue and expand its current work. This includes engaging more Associates to expand the Charity’s work and funding training on key skills for some of those who work for it to assist in the quality and breadth of their delivery.

Financial

In financial terms, during the year the Charity received income of £49,110 (2021 £20,731) through donations and client fees. Expenditure was £38,952 (2021 £10,244), resulting in a surplus of £10,157 (2021 £10,487). There were no creditors or debtors at year end.

There were no material risks or uncertainties worthy of note.

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

The Charity does not employ any person on a PAYE basis, and has no current plans to do so. Its Associates engaged to assist in the delivery of the Charity’s services are 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

21 June 2023

Openmind.ed CIO 1185048
Receipts andpayments accounts CC16a
For the period
from
1/1/2022 To 12/31/2022
Section A Receipts and payments
A1 Receipts
Donations,legacies &grants
6,609
Fees for charitable services
40,440
Bank interest
18
Other
2,037
-
-
-
-
49,104
-
-
Sub total -
Total receipts 49,104
A3 Payments
Bank charges
12
Regulatorycompliance
35
Insurance
314
Professional fees
26,382
Travel expenses
4,736
Room hire
2,103
Grants & donationspaid
4,923
Training
-
Other
447
-
Sub total 38,952
-
-
Sub total -
Total payments 38,952
Net of receipts/(payments) 10,151
A5 Transfers between funds
-
A6 Cash funds last year end
15,969
Cash funds this year end 26,120
Unrestricted
funds
to the nearest £
Sub total(Gross income for AR)
A2 Asset and investment sales,
(see table).
A4 Asset and investment
purchases, (see table)
to the nearest £
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Restricted
funds
to the nearest £
Endowment
funds
Total funds
to the nearest £
6,609
40,440
18
2,037
-
-
-
-
49,104
-
-
-
49,104
12
35
314
26,382
4,736
2,103
4,923
-
447
-
38,952
-
-
-
38,952
10,151
-
15,969
26,120
Last year
to the nearest £
-
-
-
-
-
-
-
-
-
6,609 5,402
40,440 15,325
18 4
2,037 -
- -
- -
- -
- -
49,104 20,731
-
-
-
-
- -
- -
- 49,104 20,731
-
-
-
-
-
-
-
-
-
12 5
35 35
314 314
26,382 -
4,736 -
2,103 -
4,923
-
447 9,890
- -
38,952 10,244
-
-
-
-
-
- -
- 38,952 10,244
- -
-
-
-
10,151 10,487
- - -
- 15,969 5,482
- 26,120 15,969

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

Categories
B1 Cash funds
B2 Other monetary assets
B3 Investment assets
B5 Liabilities
B4 Assets retained for the
charity’s own use
Signed by one or two trustees on
behalf of all the trustees
Details
Cash in bank account
Details
Details
Details
Details
Signature
Total cash funds
(agree balances with receipts and payments
account(s))
to nearest £
to nearest £
26,120
-
-
-
-
-
26,120
-
OK
OK
to nearest £
to nearest £
-
-
-
-
-
-
-
-
-
-
-
-
Cost (optional)
-
-
-
-
-
Cost (optional)
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Print Name
Luke Menzies
Unrestricted
funds
Restricted
funds
Unrestricted
funds
Restricted
funds
Fund to which
asset belongs
Fund to which
asset belongs
Fund to which
liability relates
Amount due
(optional)
to nearest £
Endowment
funds
-
-
-
-
OK
to nearest £
Endowment
funds
-
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
Current value
(optional)
-
-
-
-
-
-
-
-
-
When due
(optional)
Date of
approval
Luke Menzies 22.08.2023

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Examiner's Report Report to the trustees1 members of openmind.ed On accounts for the year ènded 3111212022 Charity no (rf any) 1185048 Set out on pages I report to the twstees on my examination of the accounts of th8 above charity ('the Trusf) for the year ended 3111W2022. Responslbilities and As the charity trustees of the Trust, you gre responsible for the preparation basi5 of report of the awounts in accordance wlth the requirernents of the Charithes A 2011 rthe Act"). I report in respect of my examination of the Trusfs accounts Carried out under s8Ction 145 of the 2011 Act and in carrying out my examination, I have followed the appliGable DireGtion$ given by the Chanty C(Hnmission under section 145{5){b) of the Act. I have completsd my examination. I confim? that no m8tetial matters have come to my attention in connection with the examination which gives me caus@ to believe that in, any material respect. accounb.ng records were not kept in accordaro£ vlth s8dion 130 of the Act or the accounts do not accord with the accounting records Indepondent examinerfs stat•m•nt I have no concems and have come a¢XOSS no other matters in connection wilh the 8xamination to which attention should be drawn in order to enable a proper understanding of the accounts to be reached. Slgn8d: Date: ID61 Salty Renlson Relevant professional qualification(sl or body (if any): Chartered Awuntant (ICAEW) Addro85: 86 Kennington Avenue Bristol BS7 9ES Scctioii B Disclosure Only complete if the examiner needs to highlight matters of concern (see CC32, Independent ex8mlnatltM of charity accounts: directions and guidan￿ for examiners). IER

Give here brief details of any items that the examiner wishes to disclose. IER

CHARITY COMMISSION FOR ENGIAND ANO WALES 0ppnmind.ed CIO 1185048 Recei tsand ments accounts CC16a Forthe period from 01101r2022 31112r21r22 To Section A Receipts and payments Unrnstrictad funds Rèstrietsd fundB Endowmént funds Total fun Last y to ngJrt ¥ tolhg nparg01£ tothe neorest£ to th¢ ￿￿est£ toth¢ n￿a￿$t£ A1 Recel ts nt￿bOn5, & gr Fees forctsairtabte semtrs Bank intwest SU9 15 18 £037 IOJ7 ss InGNi AR) 49.104 49,11M 20.731 etan nves en 49,104 49,104 20.731 Bank omaraes Regulat￿ rAimtAvdn In611ratK& prn￿%￿nnHI tF Tf¥vel expenges hire Grants &dlN)ati￿ paKI Tiainin 12 12 35 314 26,382 4728 2,103 4923 35 314 314 4,736 2,103 447 447 9,8*) Sub total 38,952 10.244 A4 Asset and investment Sub total 38,952 38.952 10.244 Net Ofrawffj￿{p8Vmentsj A5 Transfrr3 t￿een funds A6 Cash funds la8t year end Cash fun(ts thITS year end 10.151 10,151 10.48 26,120 26,120 15.969 CCXX R1 a￿)￿n￿ {SSI 2SW2023

Section B Statement of assets and liabilities at the end of the period Unrnstrfctod R8stricted funds funds to e Endowment funds Q&iEgcrios Details to B1 Cash fund$ Cgsh in t￿￿(￿jnt 2Q1ZO Total cash lunds 26,1ZQ Unr•strlct•d R•gtrlcted Endowrn fund$ lynds fundg to rare6t£ to noar66t£ Detai18 to neaTest£ Funrftowhsch a8Èèt ￿10 Curr8ntvalu Detsils Cost(o￿o￿a B3 Inv•Btm•nt assèts Fund iohfjch Curreni ¥oluo ona Detail c￿t10Pti￿1) B4 A88ets retained for the charitys oY4n us• Fund to whkh relates AmouN du• nal V4hèn Details Signed by one OT hvo trustees on behaf of all the truskes S￿nature Print Name Dale of approval Luke Menz￿5 22.08 2023 CCXX R2 a(*ounls ISSI 2510812023