## **Openmind.ed CIO** registered charity (England & Wales) 1185048 ## **Trustees’ Report for 2023** This report is for the Charity’s financial year 1 Jan to 31 Dec 2023. In 2023 the Trustees and Members of Openmind.ed CIO (“the Charity”) were: - Chair: Luke Menzies - Trustee and CEO: Clare Short - Trustee and Treasurer: Isabel de Salis The role of Charity Secretary is provided by the Operations Manager, who attends trustee meetings. ## **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. There is also a Management team. 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 role, currently carried out by the Operations Manager, is responsible for correspondence and records of trustee meetings. The Operations Manager is responsible for carrying out or overseeing aa administrative activities. No new trustees were recruited during the year. Since the end of this year, the Charity has developed a recruitment and appointment policy for new trustees and is actively recruiting. 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: - A major contract for reflective practice supervision was agreed with a large multi-academy trust. - A project to trial the charity working with families was developed. - Financial processes were developed. - Reviewing and improving our contractual terms with client schools, including developing pricing structures. - Recruitment of additional Associates, with a wider range of complementary skills, to deliver services to clients and to run projects. - Development of recruitment procedures. - Training funding for key personnel to allow them to develop skills to enhance service delivery. - Continuing to develop our provision of well-being programmes to Bristol University medical students and liaison with other University faculties to develop offers suited to them. - The holding of the charity’s second ‘away day’, in which trustees and practitioners met for a day to discuss the work of the Charity, its future, their individual contributions and potential developments. 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 £107,619 (2022 £49,104) through donations and client fees. Expenditure was £73,100 (2022 £38,952), resulting in a surplus of £34,519 (2022 £10,151) although the majority of this figure is already committed to the payment of Associates to complete the ongoing work with client schools to the end of the current academic year. 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 Date: 28 August 2024 **Openmind.ed CIO 1185048 Receipts and payments accounts CC16a For the period** 1/1/2023 12/31/2023 **To from** ## **Section A Receipts and payments** |**Section A Receipts and payments**||||| |---|---|---|---|---| |**A1 Receipts**
Donations,legacies &grants
**12,478**
Fees for charitable services
**93,154**
Bank interest
**101**
Other
**1,886**
**-**
**-**
**-**
**-**
**107,619**
**-**
**-**
**_Sub total_ -**
**_Total receipts_ 107,619**
**A3 Payments**
Bank charges
**22**
Regulatorycompliance
**97**
Insurance
**447**
Professional fees
**30,115**
Travel expenses
**3,641**
Room hire
**11,455**
Grants & donationspaid
**1,301**
Training
**2,697**
Administration and operational
**22,453**
Other
**874**
**_Sub total_ 73,100**
**-**
**-**
**_Sub total_ -**
**_Total payments_ 73,100**
**_Net of receipts/(payments)_ 34,519**
**A5 Transfers between funds**
**-**
**A6 Cash funds last year end**
**£26,119.80**
**_Cash funds this year end_ 60,639**
**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 £**
**12,478**
**93,154**
**101**
**1,886**
**-**
**-**
**-**
**-**
**107,619**
**-**
**-**
**-**
**107,619**
**22**
**97**
**447**
**30,115**
**3,641**
**11,455**
**1,301**
**2,697**
**22,453**
**874**
**73,100**
**-**
**-**
**-**
**73,100**
**34,519**
**-**
**26,120**
**60,639**|**Last year**
**to the nearest £**| |||**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**12,478**|**6,609**| ||||**93,154**|**40,440**| ||||**101**|**18**| ||||**1,886**|**2,037**| ||||**-**|| ||||**-**|| ||||**-**|| ||||**-**|| ||||**107,619**|**49,104**| |||||| |||**-**
**-**
**-**|**-**|| ||||**-**|**-**| ||||**-**|**-**| |||||| |||**-**|**107,619**|**49,104**| |||||| |||**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**|**22**|**12**| ||||**97**|**35**| ||||**447**|**314**| ||||**30,115**|**26,382**| ||||**3,641**|**4,736**| ||||**11,455**|**2,103**| ||||**1,301**|**4,923**| ||||**2,697**|**-**| ||||**22,453**|**447**| ||||**874**|**-**| ||||**73,100**|**38,952**| |||||| |||**-**
**-**
**-**|**-**|| ||||**-**|| ||||**-**|**-**| |||||| |||**-**|**73,100**|**38,952**| |||||| ||**-**|**-**
**-**
**-**
**-**|**34,519**|**10,151**| ||**-**||**-**|**-**| ||**-**||**26,120**|**15,969**| ||**-**||**60,639**|**26,120**| ## **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 £**
**60,639**
**-**
**-**
**-**
**-**
**-**
**60,639**
**-**
OK
OK
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
Print Name
**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 £**
**to nearest £**
**60,639**
**-**
**-**
**-**
**-**
**-**
**60,639**
**-**
OK
OK
**to nearest £**
**to nearest £**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**Cost (optional)**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
**-**
Print Name
**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||| |||||| CHARITY COMMISSION FOR ENGLAND AND WALES Independent examinerfs report on the accounts Section A Independent Examiner's Report Report to the trusteesl members of openmind.ed On accounts for the year ended 3111212023 Charity no (If any) 1185048 Set out on pages I report to the trustees (¥) my examinab'on of the accounts of the above charity (Ihe Trust") for the year ended 3111212023. Responslbllltles and As the charity trustees of the Trust, you are responsible for the preparation basls of report of the accounts in accordance with the requirements of the Charities Act 2011 (llhe Acr). I report in resFttt of my examinabon of the Trust's accounts carried out under sedion 145 of the 2011 Act and in Carrying out my examination, I have followed the applicable Directions given by the Charity Commi6sion under secbon 145(5)(b) of the Ad. I have completed my examination. I confimi that no material matters have come to my attention in connection with the examination which gives me cause to believe that in. any material respect.. accounting records were not kept in accordance with Section 130 of the Act or the accounts do not accord wth ac£ounting records Indepondant examlnees ststemont I have no concems and have come across no other matters in connedion th the examination to which attention should be drawn in order to enable proper understanding of the accounts to be reached. Slgned: Date: 2024 Name: Sally Renison Relevant professional qualifJcation(s) or body (if any): Chartered A(xountant (ICAEW) Address: 86 Kennington Avenue Bnstol BS7 9ES Section B Disclosure Only complete rf the examiner needs to highlight matters of conGem (see CC32. Independent examination of charty accounts". directions and guidance for examiners). IER Give here brief details of any items that the examinerwishes to disclose. IER CHARITY COMMISSION FOR ENGLAND AND WAIES Op•Milml.•d QO 118S048 Recei ts and ments accounts CC16a For the period 0110112023 31112r2023 To Section A Receipts and payments Unrestrtcted fund• to Iho w•r•ot £ toth• near•¥te 10th• ￿￿11#£ to th• Th￿1401£ to tb• wr••t£ Restrrcted Endowment lund* Totsl fund8 t year A1 R•col DOn8￿n$. Fetsfor chanta￿e servKe8 BarA( Intw•st Other 12A78 93.1S4 12,478 93.154 101 6.609 18 AR) 107.819 107,61• 49,104 an nve• 107,819 A3Pa ents Bank chargej ReQU￿t￿0)m￿lI4r￿• Insurance P￿fe$s￿On￿ Travd expense RcrfJm hire Gr￿ 8 donaton• 35 314 26,JB2 4,736 2,103 4,923 447 30.115 3.641 11.4SS 447 JO,115 3,041 11.455 1.301 2.69T 22.453 874 n.11)0 AdministrAtion ar*J Othw ralh?nal 447 874 73.1fJJ Sub total 38.gS2 A4 A88et and Investment Sub ¢otal 73.100 n.11YJ 38,962 Net of recelpts/(payments) AS Transfers betsveen lunds A6 Ca$h ftjnds la8t y￿r •nd Cash funds th18 year end 34.51 34.519 10.451 £26.119.80 80.839 26,1 CCXX R1 accounts {SSI Section B Statement of assets and liabilities at the end of the period Unrestricted lunds to wrest Restricted funds toDMrest£ Endowment nd$ to ne8rest£ CategOrte8 Details 81 Cash fund8 Total cash funds 60.639 nds fvnds lund$ to ng•rg•t£ Detalls Curront v8lu• on•1 D8tall# Colt loptlonlll Fund to whkh CuYr•nt valu ono Detall• B4 A8s•ts retaln•d forthe charlty'• ¢>wn us? FurMI to Amout)t When due Detalls B6 Llabllltl•6 Za44 Svjned by one or truslo•s on b8h8tt of ￿1 lh9 tr￿lee$ Dato of roval Print N8me CCKX R2 acc3)unts ISS) 09￿8r2024