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2024-03-31-accounts

TELFORD MIND

ANNUAL REPORT

01[st] April 2023 – 31[st] March 2024

Telford Mind Annual Report 2023-2024

Telford Mind Annual Report 2023 - 2024

Welcome to our Annual Report for 1[st] April 2023 – 31[st] March 2024

Mission Statement

Telford Mind is an independent voluntary organisation that is affiliated to National Mind. It exists to promote and support better mental health in Telford and Wrekin and surrounding areas.

Telford Mind works to promote recovery, aiming to provide high quality services for people who are experiencing mental health issues and / or emotional distress. It also offers support to people undertaking caring roles.

Telford Mind works to promote independence and inclusion. It challenges stigma. It promotes self-confidence, self-reliance, and designs and delivers appropriate services and activities through service user participation in development and governance.

We are committed to Quality and hold the Mind Quality Mark (MQM). The MQM is a robust quality assurance framework and sets out the required baseline of best practice and legal compliance in all areas of a local Mind’s governance and activities.

We promote wellbeing.

Aims and Objectives

Our Aims are to:

Telford Mind Annual Report 2023-2024

To achieve these aims we will carry out the following objectives:

In all our work we promote autonomy, equality, knowledge, participation and respect.

Organisational Structure

The Board of Trustees meets no less that quarterly across the year, along with the Chief Executive Officer and Operations Manager, to review performance and to monitor and authorise activity and expenditure.

Members of Telford Mind elect Trustees annually.

The day-to-day management is delegated to the Chief Executive Officer, Louise Heap, who reports directly to the Board of Trustees.

Gemma Coulman-Smith is the appointed Operations Manager.

The Chief Executive oversees operational performance and service development and is supported by a small team of staff and volunteers.

Board of Trustees

Name Election Date Resignation Date
Clive Elliott Trustee 20 November 2018
Teresa McDonnell Trustee 01 Apr 2022 13thJune 2023
Ellen Frain (Nolan) Trustee 01 Oct 2022
Trevor Hirst Trustee 1stApril 2023 19thDecember
2023
Hema Kumar Trustee 1stApril 2023

Trustee Recruitment

Trustees are elected and appointed at our Annual General Meeting. Trustees may also be coopted by the Board throughout the year.

Telford Mind Annual Report 2023-2024

Overview

Telford Mind has been established for over thirty years and provides a wide range of invaluable services for people with mental health issues within Telford and Wrekin. The services we provide has increased significantly and ranges from Listening support, Calm Cafes and Social Prescribing.

Telford Mind continues to go from strength to strength, with an increase in the number of services we deliver, our staffing numbers and during this reporting period we have seen the introduction of the following new services:

Demand for our services continues to be strong. We are consistently supporting individuals in crisis and have seen a notable rise in referrals from statutory services. We believe this reflects the strong relationships and collaborative partnerships we've built with a variety of statutory agencies.

The Chief Executive Officer and Operations Manager met with the newly appointed VCS Engagement and Partnership Lead for Shropshire, Telford and Wrekin. This gave us the opportunity to promote the work we do at Telford Mind and discuss ways in which we can work closer together and help discuss some of the challenges that we are all facing.

Senior Management attended the Integrated Care Partnership (ICP) Meeting which focused on shaping the Integrated Care System (ICS) Strategic Direction. The aim of the meeting was to provide a framework for identifying consistency or diversity of opinion around some key strategic choices that the ICS will need to make and develop in the implementation of their strategic plans.

The CEO attended a session on the newly introduced Dynamic Procurement System (DPS). The purpose of the DPS is to ensure that available Community Mental Health Transformation funding is distributed appropriately and the process for fund allocation is transparent. The session was delivered by MPFT Community Mental Health Transformation Leads. Following the meeting we have completed the initial registration for the DPS.

During the reporting period our Social Prescribing service was showcased, by the Service Delivery Manager (Public Health Team T&W,) at Telford & Wrekin Integrated Place Partnership meeting (TWIPP) as part of the “Living Well” priority. Partnership (TWIPP) is a place-based approach which ensures delivery of the Borough’s priorities using a truly integrated, asset based local approach focusing on early detection, prevention and early resolution.

Shropshire, Telford and Wrekin Social Prescribing services were presented at the System Quality Group by the Personalised Care Programme Manager for the ICS. This was a great opportunity to showcase the success of our social prescribing service.

The CYP Social Prescribing team provided a “Managing our Emotions” activity at Crucial Crew which ran for three weeks, organised by Telford and Wrekin Council. Crucial Crew is a fun

Telford Mind Annual Report 2023-2024

educational event to give young people the knowledge to keep themselves safe before making the step up to secondary school. This year over 2,3000 Year 6 pupils from over 50 schools took part. This is the first time we have supported this event and was a great way to promote our younger people services and support.

The Operations’ Manager attended a COG review meeting, facilitated by Lloyds Bank. The aim of the facilitated session was to gather experience and input from Telford COG members to inform the future plans and strategies for the VSCE infrastructure support in Telford & Wrekin. The session enabled attendees to look at the opportunities and challenges that we all face, reflecting on the strengths and successes to build on, and identifying how best to fulfill the group’s ambitions.

From the 01[st] April 2023 – 31[st] March 2024, we have seen a total of 1875 new service users. This figure does not include those who are already accessing our service/services. Many of these new service users will also access more than one of our services/projects.

In order to ensure the wellbeing of the team, staff and management continue to receive regular clinical supervision (every 4-6 weeks). Clinical supervision has been shown to support workers during challenging times, by reducing burnout, enhancing mental health and wellbeing at work, and improving job satisfaction.

We have also developed our volunteering opportunities to support projects such as our Listening line and Calm Café.

In order to gain feedback from staff and look forward to the strategic vision of the organisation, we held a staff away day on 13th July at Enginuity. The event was attended by staff, Senior Management Team, Trustees and Mind representatives.

The objectives were:

The day was a great success, and we collectively completed a SWOT analysis and created our values.

The CEO, Operations Manager, Trustees attended the Mind “Next Chapters” event that was held in Warwick. The themes from the event were:

The event gave the opportunity to network with other local Mind’s and contribute to the development of the Federation First approach.

Telford Mind Annual Report 2023-2024

As part of the Safer Stronger Partnership, we provided a series of Mental Health Awareness workshops at Dawley Youth Club. These were delivered twice a month, and the subjects were selected by the young people that attend youth club.

We have recently joined the Shropshire Forces Operational Group. The group meets monthly by Teams and has representatives from Shropshire, Telford and Wrekin. The group aims to support members of the Armed Forces community to access services and support that are best suited to their needs. This is undertaken in a collaborative approach ensuring that those with complex needs are not missed and are supported appropriately.

Telford Mind continues to strengthen, expand, and build new partnerships, firmly embedding itself within the Telford and Wrekin community. Thanks to the dedication of our team and effective collaborative working, we have become the leading mental health charity in Telford.

Achievements, Performance and Progression

During this reporting period there has been many achievements and areas of progression for Telford Mind. It has been another busy and challenging year for Telford Mind, but it has also been extremely rewarding.

After a period of consultation and in line with Mind affiliation requirements that we transferred to a Charitable Incorporated Organisation on 1st Apr 2023.

Telford Mind has seen a significant period of growth over the last two years and as part of this growth and in line with the Mind Federation Agreement, we have transferred from a Registered Charity to a Charitable Incorporated Organisation. This is an exciting time for Telford Mind as we continue to provide our existing services and look to extend our area of operation in the years ahead.

We have undergone our mandatory audit, Mind Quality Mark. The process has enabled us to look at what systems and processes we have in place, but also where improvements can be made. As part of the audit process, we have conducted a Board Effectiveness review and have also commenced work on developing our 3–5-year strategy. We received formal notification on 22nd November 2023 that we had been awarded the Mind Quality Mark.

Following the completion of the Mind Quality Mark, the Board identified that we need to ensure the following areas are monitored/reviewed/updated at regular intervals:

This reporting period has seen the introduction of two new services:

Telford Mind Annual Report 2023-2024

Following the successful award of contract to deliver the Perinatal Mental Health Social Prescribing Service, the CEO and Operations Manager have attended several meetings to link with key stakeholders and partners. They have also attended some training in relation to perinatal mental health. The Perinatal Mental Health Social Prescribing Service will be included within the Telford and Wrekin Family Hubs.

Additionally, In this reporting period we have been contracted to provide a part time Social Prescriber, for one year, to support the Wellbeing While Waiting programme (with UCL, Anne Freud and MPFT) as part of the personalised care work for Shropshire Telford and Wrekin. The project will trial offering immediate social prescribing to children and young people on CAMHS’s treatment waiting lists. Currently, many children and young people face long waits for mental health services, during which time their mental health often deteriorates. The social prescribing pathway will be offered as children and young people wait for their treatments. The support will be provided in both Telford and Shropshire.

As in previous years, the CEO and Operations Manager have continued to positively promote Telford Mind and have ensured that positive working relationships have been maintained with key organisations within Telford and Wrekin. We have attended events and networking opportunities to raise the profile of Telford Mind. These have included events and opportunities, such as:

Telford Mind Annual Report 2023-2024

We also celebrated the 2nd Birthday of the Veterans’ Café in January at our Dawley Café. Entertainment and refreshments were very kindly provided by Great Dawley Town Council. Following an engagement event at Donnington, we launched our first Café there on 7th February 2024. The Donnington cafes are being supported by the Councillors Pride Fund for Cllr Fiona Doran and Cllr Ollie Vickers. In February, we took the Veterans’ café “on the road” as part of D Squadron’s Engagement Event. The event was very well attended, and all attendees had the opportunity to look around the base, look at military equipment and vehicles.

The CEO and Operations continue to sit on several Boards within Telford and Wrekin, including the mental health forum, chief officers’ group, Armed Forces Partnership Board, Suicide Action Prevention Group, Domestic Abuse Forum and the Mental Health Alliance.

This has been another highly successful and rewarding year for Telford Mind, as we continue to grow and strengthen our presence as a vital part of the community.

Service Provision

During this reporting period, the areas of service provision at Telford Mind include the following areas:

Listening Service

The Listening Support Phone line provides support for those who are in emotional distress, struggling to cope or need to talk. By calling our mainline individuals can gain ‘in the moment’ support such as signposting or advice or they can refer themselves for Listening support sessions. Listening support sessions take place on a weekly basis for around 4-6 sessions.

Calm Café

The Calm Cafes provide support and safety to people aged 18+ who are finding themselves in a crisis or who are in need or support with their emotional/mental health to prevent a crisis. The

Telford Mind Annual Report 2023-2024

Calm Café is a partnership project between Telford Mind and Telford & Wrekin Council Mental Health Social Work Team. We are also supported by A Better Tomorrow to provide tailored support within the Café setting.

Dual Diagnosis Café

The Dual Diagnosis Calm Cafes provide a platform for social interaction, mental health and wellbeing and substance misuse support. We provide support and safety to anyone in need by offering coping mechanisms and management techniques to help reduce the risk of crisis.

The Dual Diagnosis Calm Cafés are delivered by Telford Mind, Telford After Care Team, A Better Tomorrow and Telford & Wrekin Council.

Veterans Café

The Veterans Café offers the space to meet and talk to likeminded people with similar day to day issues. Our aim is to bring the Veterans community together whilst ensuring that they are able to access tailored social and mental health support.

Social Prescribing

Is an approach that connects people to community activities and services to improve their health and wellbeing. Taking a holistic approach to promoting and improving individuals’ health and wellbeing. Adapting a person-centred approach with an ethos of "What matters to me". The main aim of this service is to support individuals to access community services, projects and activities to benefit their health and wellbeing.

We deliver Social Prescribing three Primary Care Network’s within Telford & Wrekin.

Suicide Bereavement Service

The suicide bereavement service is available to families, friends, colleagues and anyone living in Shropshire Telford & Wrekin who feels affected by a sudden unexplained death and suicide. The service provides:

Perinatal Mental Health Social Prescribing

Telford Mind delivers support for those in the Perinatal period which includes pregnancy up to the child’s second birthday.

Social Prescribing offers non- clinical interventions and connects parents in the perinatal period with a wide range of community resources and can holistically address social, emotional and practical needs.

Assist and Engage

The Assist & Engage project aims to provide improved mental health support for people who attend the emergency department, also for referral from EDT.

Telford Mind Annual Report 2023-2024

The project offers extra support and signposting for further services to those who are experiencing a delay in either transport or for a mental health admission after a mental health assessment.

The support may include providing practical and emotional support to the individual and their family. The service provision will be available on call Thursday to Tuesday evenings at 18:00 – 24:00 hours.

The NET

The Net project is a partnership approach between Telford Mind, Stay and Citizen’s Advice.

The support is offered to those who are in crisis support and intends to fill the gaps identified from cuts in support provision across Telford & Wrekin in order to ensure that people are able to access the support they need, when they need it. Offering support and drop in service provision for targeted communities and up to 6 months intensive support for marginalised individuals who are not managing in a high number of support areas and therefore identified as meeting the threshold to access the service, followed by support to move on to alternative provision.

Counselling

Our Counselling team work with people aged 18+ and also offers relationship counselling to couples. Our Counsellors work with people to help them make sense of what is going on for them. To understand their feelings and to work out ways to tackle their problems.

Wellness While Waiting – CYP

The project offers immediate social prescribing treatments to children and young people on the CAMH’S treatment waiting list. Currently, many children and young people face long waits for mental health services, during which time their mental health often deteriorates. The social prescribing pathway will be part of a research project and will be offered as children and young people wait for their treatments. This project covers Telford and Shropshire.

The Wellness While Waiting programme (with UCL, Anne Freud & MPFT) is part of the Personalised Care work for Shropshire Telford & Wrekin.

NEET Project

The NEET project provides support and mentoring for young people who are identified as not in education, employment or training, to build confidence and resilience.

Providing emotional health and wellbeing support to improve the overall mental health and wellbeing of NEET, EHCP and SEN Support. Encouraging individuals to take control of their wellbeing and live happier, healthier lives. Using techniques such as Active listening skills, Solution-focused interventions, coping strategies, whilst providing support to increase Social Networks. The project aims to help the young people to make connections with the local community and voluntary sector services.

Tackling Health Inequalities (Homelessness)

A service, that improves accessibility and engagement with primary and secondary care services for the homeless population. The service support individuals to take control of their wellbeing and live happier, healthier lives

To provide excellent volunteering opportunities in the provision of an outreach and buddying service that will:

Telford Mind Annual Report 2023-2024

Workplace Wellbeing

Telford Mind provides customised mental health support for employers and their employees within Telford and Wrekin. This can include tailored mental health training sessions, one to one listening support and mental health awareness promotional events. This support is offered both face to face and online.

Finances

Funding for the financial period April 2023 - March 2024 funding has been received from the following:

Donations continue to play a vital role in supporting our service delivery, especially our one-toone listening service, which remains central to our work despite receiving no dedicated funding.

On the 1st of April 2023, we introduced Xero as our new accounting software package. All Trustees have Read-Only access to Xero.

The Board of Trustees attended Financial Governance Training on 13th April 2023, via Zoom by an external financial consultant.

Reserves

Telford Mind’s Board of Trustees agreed that the level of reserves that should be held are a minimum of three months’ expenditure.

If the level of the reserves fund falls below the agreed level the trustees will review Telford Mind’s expenditure and look for opportunities to make savings. If this is not possible Telford

Telford Mind Annual Report 2023-2024

Mind will add to its reserves, when the opportunity arises, until the agreed level of reserves is met.

Chairperson’s Report 2023/2024

The past year has been both challenging and inspirational as the organisation has continued to strengthen and develop.

Telford Mind has become one of the foremost charitable organisations in Telford & Wrekin gaining the respect of the council, local communities, PCNs and the ICB.

I would like to take this opportunity to put on record my thanks for the hard work, dedication and commitment of the CEO, Louise Heap, the Operations Manager, Gemma Coulman-Smith and all the staff who pull together, support each other and go above and beyond their own roles. Without all of them, the organisation would not be what it is today.

We look forward to continuing to develop the organisation over the coming years.

Clive Elliott Chair of Trustees

Telford Mind Annual Report 2023-2024

REGISTERED COMPANY NUMBER: CE019796 (England and Wales) REGISTERED CHARITY NUMBER: 1186627

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

TELFORD MIND

Hollingsworth & Co Ltd Coppice House Halesfield 7 Telford Shropshire TF7 4NA

TELFORD MIND

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

Page
Report of the Trustees 1
Independent Examiner's Report 2
Statement of Financial Activities 3 to 4
Balance Sheet 5 to 6
Cash Flow Statement 7
Notes to the Cash Flow Statement 8
Notes to the Financial Statements 9 to 17
Detailed Statement of Financial Activities 18 to 19

TELFORD MIND

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

The charity changed from an unincorporated charity to an incorporated charity on 1 April 2023.

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number

CE019796 (England and Wales)

Registered Charity number

1186627

Registered office

Court Street Medical Centre Court Street Madeley Telford Shropshire TF7 5EE

Trustees

Mr C B Elliott Dr T McDonnell (resigned 13.6.23) Mrs E Frain Mr T Hirst (appointed 1.4.23) (resigned 19.12.23) Mr H Kumar (appointed 1.4.23)

Independent Examiner

Hollingsworth & Co Ltd Coppice House Halesfield 7 Telford Shropshire TF7 4NA

Approved by order of the board of trustees on 31 March 2025 and signed on its behalf by:

Mr C B Elliott - Trustee

Page 1

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF TELFORD MIND

Independent examiner's report to the trustees of Telford Mind ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 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 I 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 matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or

  2. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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; or

  3. 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 their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

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.

Mr J Hollingsworth FCA

Hollingsworth & Co Ltd Coppice House Halesfield 7 Telford Shropshire TF7 4NA

31 March 2025

Page 2

TELFORD MIND

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024

2024
Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
3
97,153
Charitable activities
5
Helping Hands
-
Calm Cafe
106,296
Mental Health Awareness
2,700
Social Prescribing
484,387
Counselling Income
6,445
NEETS engagement
-
Suicide prevention projects
25,000
VSMH for 18-25
-
Assist & Engage
-
Together fund
-
Time to talk
4,500
Investment income
4
887
Total
727,368
EXPENDITURE ON
Raising funds
6
10,861
Charitable activities
7
Helping Hands
-
Listening Services./Work It Out
13,246
Calm Cafe
64,428
Social Prescribing
367,955
Counselling Income
10,336
Inpatient discharge
-
Homeless Outreach Services
-
Suicide prevention projects
18,291
Care leavers project
-
IAPT Support
8,714
Dual Diagnosis Cafe
-
Assist & Engage
8,003
Time to talk
577
Gardening group
729
Other
152,705
Total
655,845
NET INCOME/(EXPENDITURE)
71,523
Other recognised gains/(losses)
Gains/(losses) on revaluation of fixed assets
-
2023
Total
funds
£
18,112
4,998
105,684
14,556
353,579
6,040
18,000
30,750
17,000
66,000
2,387
-
-
637,106
393
11,496
22,441
51,079
330,826
6,785
12,738
17,680
19,074
18,886
24,227
10,486
7,805
-
-
145,986
679,902
(42,796)
(1)

The notes form part of these financial statements

Page 3

TELFORD MIND

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024

2024
Unrestricted
fund
Notes
£
Net movement in funds
71,523
RECONCILIATION OF FUNDS
Total funds brought forward
265,677
TOTAL FUNDS CARRIED FORWARD
337,200
2023
Total
funds
£
(42,797)
308,474
265,677

The notes form part of these financial statements

Page 4

TELFORD MIND

BALANCE SHEET

31 MARCH 2024

2024
Unrestricted
fund
Notes
£
FIXED ASSETS
Tangible assets
13
6,240
CURRENT ASSETS
Debtors
14
64,568
Cash at bank
310,312
374,880
CREDITORS
Amounts falling due within one year
15
(43,920)
NET CURRENT ASSETS
330,960
TOTAL ASSETS LESS CURRENT
LIABILITIES
337,200
NET ASSETS
337,200
FUNDS
16
Unrestricted funds
337,200
TOTAL FUNDS
337,200
2023
Total
funds
£
9,355
96,214
206,817
303,031
(46,709)
256,322
265,677
265,677
265,677
265,677

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The notes form part of these financial statements

continued...

Page 5

TELFORD MIND

BALANCE SHEET - continued 31 MARCH 2024

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 31 March 2025 and were signed on its behalf by:

Mr C B Elliott - Trustee

The notes form part of these financial statements

Page 6

TELFORD MIND

CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2024

Notes
Cash flows from operating activities
Cash generated from operations
1
Interest paid
Net cash provided by operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Interest received
Net cash provided by/(used in) investing activities
Change in cash and cash equivalents in the
reporting period
Cash and cash equivalents at the beginning
of the reporting period
Cash and cash equivalents at the end of the
reporting period
2024
£
102,608
-
102,608
-
887
887
103,495
206,817
310,312
2023
£
21,696
(299)
21,397
(2,075)
-
(2,075)
19,322
187,495
206,817

The notes form part of these financial statements

Page 7

TELFORD MIND

NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2024

1. RECONCILIATION OF NET INCOME/(EXPENDITURE) TO NET CASH FLOW FROM OPERATING ACTIVITIES

Net income/(expenditure) for the reporting period (as per the Statement
of Financial Activities)
Adjustments for:
Depreciation charges
Interest received
Interest paid
Decrease in debtors
Decrease in creditors
Net cash provided by operations
2024
£
71,523
3,115
(887)
-
31,646
(2,789)
102,608
2023
£
(42,796)
4,208
-
299
90,669
(30,684)
21,696

2. ANALYSIS OF CHANGES IN NET FUNDS

Net cash At 1.4.23
£
Cash flow
At 31.3.24
£
£
Cash at bank 206,817 103,495
310,312
206,817 103,495
310,312
Total 206,817 103,495
310,312

The notes form part of these financial statements

Page 8

TELFORD MIND

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

1. TRANSFER OF CHARITY FROM UNINCORPORATED CHARITY TO INCORPORATED CHARITY

Background to the Merger

On 1 April 2023, Telford Mind- Unincorporated (Charity Number:516444) transferred all its assets and liabilities to Telford Mind- Incorporated (Company Number:CE019796, Charity Number: 1186627). The incorporated entity was established to continue the charitable activities of the original unincorporated association.

This transaction has been accounted for using the merger accounting method, in line with the Charities SORP (FRS 102), as:

The merging charities shared the same charitable objectives and beneficiaries;

No party gained control;

The merger was undertaken to further the charitable purposes for the benefit of beneficiaries;

No consideration was paid.

Telford Mind, an unincorporated charity worked to provide Mental Health Support to anyone in need of support over the age of 18.

Telford Mind: A charitable company limited by guarantee established on 28 November 2019 to continue the activities of the former charity under a corporate legal structure.This charity remained dormant until taking over the work of the unincorporated charity on 1 April 2023.

Date of the Merger

The effective date of the merger was 1 April 2023. From this date, all assets, liabilities, operations, and obligations of the unincorporated charity were transferred to the incorporated entity.

Adjustments

No significant adjustments have been added in order to align the accounting policies.

Components of statement of financial activities

All the comparative figures from the 2023 accounts are in relation to the unincorporated charity as the incorporated charity did not trade.

All the figures included in the 2024 accounts are in relation to the incorporated charity as the unincorporated charity did not trade.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

continued...

Page 9

TELFORD MIND

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

2. ACCOUNTING POLICIES - continued

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment - 33% on reducing balance

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

3. DONATIONS AND LEGACIES

Donations
Grants
Grants received, included in the above, are as follows:
Other grants
2024
£
25,108
72,045
97,153
2024
£
72,045
2023
£
18,112
-
18,112
2023
£
-

continued...

Page 10

TELFORD MIND

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

4. INVESTMENT INCOME

Deposit account interest
INCOME FROM CHARITABLE ACTIVITIES
Activity
Activity income
Helping Hands
Activity income
Calm Cafe
Activity income
Mental Health Awareness
Activity income
Social Prescribing
Activity income
Counselling Income
Activity income
NEETS engagement
Activity income
Suicide prevention projects
Activity income
VSMH for 18-25
Activity income
Assist & Engage
Activity income
Together fund
Activity income
Time to talk
2024
£
887
2024
£
-
106,296
2,700
484,387
6,445
-
25,000
-
-
-
4,500
629,328
2023
£
-
2023
£
4,998
105,684
14,556
353,579
6,040
18,000
30,750
17,000
66,000
2,387
-
618,994

5. INCOME FROM CHARITABLE ACTIVITIES

6. RAISING FUNDS

Raising donations and legacies

Subscriptions
Support costs
7.
CHARITABLE ACTIVITIES COSTS
Listening Services./Work It Out
Calm Cafe
Social Prescribing
Counselling Income
Suicide prevention projects
IAPT Support
Assist & Engage
Time to talk
Gardening group
Direct
Costs
£
-
20,739
-
2,720
-
-
-
577
729
24,765
2024
£
322
10,539
10,861
Support
costs (see
note 8)
£
13,246
43,689
367,955
7,616
18,291
8,714
8,003
-
-
467,514
2023
£
393
-
393
Totals
£
13,246
64,428
367,955
10,336
18,291
8,714
8,003
577
729
492,279

continued...

Page 11

TELFORD MIND

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

8. SUPPORT COSTS

8. SUPPORT COSTS
Information
Management Finance technology
£ £ £
Raising donations and legacies 10,539 - -
Other resources expended 118,865 89 10,270
Listening Services./Work It Out 13,246 - -
Calm Cafe 43,689 - -
Social Prescribing 367,955 - -
Counselling Income 7,616 - -
Suicide prevention projects 18,291 - -
IAPT Support 8,714 - -
Assist & Engage 8,003 - -
596,918 89 10,270
Raising donations and legacies Other
£
-
Governance
costs
£
-
Totals
£
10,539
Other resources expended 5,446 14,920 149,590
Listening Services./Work It Out - - 13,246
Calm Cafe - - 43,689
Social Prescribing - - 367,955
Counselling Income - - 7,616
Suicide prevention projects - - 18,291
IAPT Support - - 8,714
Assist & Engage - - 8,003
5,446 14,920 627,643
9. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
Depreciation - owned assets 2024
£
3,115
2023
£
4,209
Hire of plant and machinery 1,613 1,688

continued...

Page 12

TELFORD MIND

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

10. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.

11. STAFF COSTS

Wages and salaries
Other pension costs
2024
£
574,940
10,539
585,479
2023
£
616,427
10,301
626,728

The average monthly number of employees during the year was as follows:

Charity management
Calm Café
Helping Hands
Listening Service & Work It Out
Social Prescribing
Stay Mindful
Workplace Wellbeing
Suicide Bereavement
Impatient Discharge
Other
2024
2
5
-
2
19
-
1
1
-
8
38
2023
2
4
1
1
17
2
2
1
2
11
43

No employees received emoluments in excess of £60,000.

12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted
fund
£
INCOME AND ENDOWMENTS FROM
Donations and legacies 18,112
Charitable activities
Helping Hands 4,998
Calm Cafe 105,684
Mental Health Awareness 14,556
Social Prescribing 353,579
Counselling Income 6,040
NEETS engagement 18,000
Suicide prevention projects 30,750
VSMH for 18-25 17,000
Assist & Engage 66,000

continued...

Page 13

TELFORD MIND

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued

Unrestricted
fund
£
Together fund 2,387
Total 637,106
EXPENDITURE ON
Raising funds 393
Charitable activities
Helping Hands 11,496
Listening Services./Work It Out 22,441
Calm Cafe 51,079
Social Prescribing 330,826
Counselling Income 6,785
Inpatient discharge 12,738
Homeless Outreach Services 17,680
Suicide prevention projects 19,074
Care leavers project 18,886
IAPT Support 24,227
Dual Diagnosis Cafe 10,486
Assist & Engage 7,805
Other 145,986
Total 679,902
NET INCOME/(EXPENDITURE) (42,796)
Other recognised gains/(losses)
Gains/(losses) on revaluation of fixed assets (1)
Net movement in funds (42,797)
RECONCILIATION OF FUNDS
Total funds brought forward 308,474
TOTAL FUNDS CARRIED FORWARD 265,677

continued...

Page 14

TELFORD MIND

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

13. TANGIBLE FIXED ASSETS

COST
At 1 April 2023 and 31 March 2024
DEPRECIATION
At 1 April 2023
Charge for year
At 31 March 2024
NET BOOK VALUE
At 31 March 2024
At 31 March 2023
14.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
15.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Social security and other taxes
Other creditors
Accrued expenses
16.
MOVEMENT IN FUNDS
At 1.4.23
£
Unrestricted funds
General fund
265,677
TOTAL FUNDS
265,677
2024
£
64,568
2024
£
9,355
24,850
6,955
2,760
43,920
Net
movement
in funds
£
71,523
71,523
Computer
equipment
£
20,410
11,055
3,115
14,170
6,240
9,355
2023
£
96,214
2023
£
11,577
26,599
7,153
1,380
46,709
At
31.3.24
£
337,200
337,200

continued...

Page 15

TELFORD MIND

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

16. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
TOTAL FUNDS
Incoming
resources
£
727,368
727,368
Resources
Movement
expended
in funds
£
£
(655,845)
71,523
(655,845)
71,523

Comparatives for movement in funds

At 1.4.22
£
Unrestricted funds
General fund
308,474
TOTAL FUNDS
308,474
Comparative net movement in funds, included in the above are as follows:
Incoming
Resources
resources
expended
£
£
Unrestricted funds
General fund
637,106
(679,902)
TOTAL FUNDS
637,106
(679,902)
Net
movement
At
in funds
31.3.23
£
£
(42,797)
265,677
(42,797)
265,677
Gains and
Movement
losses
in funds
£
£
(1)
(42,797)
(1)
(42,797)

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General fund
TOTAL FUNDS
At 1.4.22
£
308,474
308,474
Net
movement
in funds
£
28,726
28,726
At
31.3.24
£
337,200
337,200

continued...

Page 16

TELFORD MIND

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

16. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming
Resources
resources
expended
£
£
Unrestricted funds
General fund
1,364,474
(1,335,747)
TOTAL FUNDS
1,364,474
(1,335,747)
Gains and
Movement
losses
in funds
£
£
(1)
28,726
(1)
28,726

17. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2024.

Page 17

TELFORD MIND

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024

INCOME AND ENDOWMENTS
Donations and legacies
Donations
Grants
Investment income
Deposit account interest
Charitable activities
Activity income
Total incoming resources
EXPENDITURE
Raising donations and legacies
Subscriptions
Charitable activities
Wages
Rent and rates
Sundries
Summer ball event costs
Other
Computer equipment
Support costs
Management
Staff salaries
Staff pensions
Insurance
Training
Finance
Bank charges
Information technology
Telephone
Carried forward
2024
£
25,108
72,045
97,153
887
629,328
727,368
322
2,720
20,739
1,306
-
24,765
3,115
572,220
10,539
6,919
7,240
596,918
89
3,809
3,809
2023
£
18,112
-
18,112
-
618,994
637,106
393
6,826
13,245
-
150
20,221
4,208
609,601
10,301
3,819
-
623,721
1,535
5,013
5,013

This page does not form part of the statutory financial statements

Page 18

TELFORD MIND

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024

Information technology
Brought forward
Computer software costs
Other
Photocopier rental
Postage and stationery
Advertising and marketing
Other 3
PAYE Interest
Governance costs
Accountancy and legal fees
Total resources expended
Net income/(expenditure)
2024
£
3,809
6,461
10,270
1,613
1,871
1,962
5,446
-
14,920
655,845
71,523
2023
£
5,013
7,028
12,041
1,688
2,701
-
4,389
299
13,095
679,902
(42,796)

This page does not form part of the statutory financial statements

Page 19

REGISTERED COMPANY NUMBER: CE019796 (England and Wales) REGISTERED CHARITY NUMBER: 1186627

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

TELFORD MIND

Hollingsworth & Co Ltd Coppice House Halesfield 7 Telford Shropshire TF7 4NA

TELFORD MIND

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

Page
Report of the Trustees 1
Independent Examiner's Report 2
Statement of Financial Activities 3 to 4
Balance Sheet 5 to 6
Cash Flow Statement 7
Notes to the Cash Flow Statement 8
Notes to the Financial Statements 9 to 17
Detailed Statement of Financial Activities 18 to 19

TELFORD MIND

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).

The charity changed from an unincorporated charity to an incorporated charity on 1 April 2023.

STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

REFERENCE AND ADMINISTRATIVE DETAILS Registered Company number

CE019796 (England and Wales)

Registered Charity number

1186627

Registered office

Court Street Medical Centre Court Street Madeley Telford Shropshire TF7 5EE

Trustees

Mr C B Elliott Dr T McDonnell (resigned 13.6.23) Mrs E Frain Mr T Hirst (appointed 1.4.23) (resigned 19.12.23) Mr H Kumar (appointed 1.4.23)

Independent Examiner

Hollingsworth & Co Ltd Coppice House Halesfield 7 Telford Shropshire TF7 4NA

Approved by order of the board of trustees on 31 March 2025 and signed on its behalf by:

Mr C B Elliott - Trustee

Page 1

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF TELFORD MIND

Independent examiner's report to the trustees of Telford Mind ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2024.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 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 I 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 matters have come to my attention in connection with the examination giving me cause to believe:

  1. accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or

  2. the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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; or

  3. 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 their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

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.

Mr J Hollingsworth FCA

Hollingsworth & Co Ltd Coppice House Halesfield 7 Telford Shropshire TF7 4NA

31 March 2025

Page 2

TELFORD MIND

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024

2024
Unrestricted
fund
Notes
£
INCOME AND ENDOWMENTS FROM
Donations and legacies
3
97,153
Charitable activities
5
Helping Hands
-
Calm Cafe
106,296
Mental Health Awareness
2,700
Social Prescribing
484,387
Counselling Income
6,445
NEETS engagement
-
Suicide prevention projects
25,000
VSMH for 18-25
-
Assist & Engage
-
Together fund
-
Time to talk
4,500
Investment income
4
887
Total
727,368
EXPENDITURE ON
Raising funds
6
10,861
Charitable activities
7
Helping Hands
-
Listening Services./Work It Out
13,246
Calm Cafe
64,428
Social Prescribing
367,955
Counselling Income
10,336
Inpatient discharge
-
Homeless Outreach Services
-
Suicide prevention projects
18,291
Care leavers project
-
IAPT Support
8,714
Dual Diagnosis Cafe
-
Assist & Engage
8,003
Time to talk
577
Gardening group
729
Other
152,705
Total
655,845
NET INCOME/(EXPENDITURE)
71,523
Other recognised gains/(losses)
Gains/(losses) on revaluation of fixed assets
-
2023
Total
funds
£
18,112
4,998
105,684
14,556
353,579
6,040
18,000
30,750
17,000
66,000
2,387
-
-
637,106
393
11,496
22,441
51,079
330,826
6,785
12,738
17,680
19,074
18,886
24,227
10,486
7,805
-
-
145,986
679,902
(42,796)
(1)

The notes form part of these financial statements

Page 3

TELFORD MIND

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024

2024
Unrestricted
fund
Notes
£
Net movement in funds
71,523
RECONCILIATION OF FUNDS
Total funds brought forward
265,677
TOTAL FUNDS CARRIED FORWARD
337,200
2023
Total
funds
£
(42,797)
308,474
265,677

The notes form part of these financial statements

Page 4

TELFORD MIND

BALANCE SHEET

31 MARCH 2024

2024
Unrestricted
fund
Notes
£
FIXED ASSETS
Tangible assets
13
6,240
CURRENT ASSETS
Debtors
14
64,568
Cash at bank
310,312
374,880
CREDITORS
Amounts falling due within one year
15
(43,920)
NET CURRENT ASSETS
330,960
TOTAL ASSETS LESS CURRENT
LIABILITIES
337,200
NET ASSETS
337,200
FUNDS
16
Unrestricted funds
337,200
TOTAL FUNDS
337,200
2023
Total
funds
£
9,355
96,214
206,817
303,031
(46,709)
256,322
265,677
265,677
265,677
265,677

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

The notes form part of these financial statements

continued...

Page 5

TELFORD MIND

BALANCE SHEET - continued 31 MARCH 2024

These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 31 March 2025 and were signed on its behalf by:

Mr C B Elliott - Trustee

The notes form part of these financial statements

Page 6

TELFORD MIND

CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2024

Notes
Cash flows from operating activities
Cash generated from operations
1
Interest paid
Net cash provided by operating activities
Cash flows from investing activities
Purchase of tangible fixed assets
Interest received
Net cash provided by/(used in) investing activities
Change in cash and cash equivalents in the
reporting period
Cash and cash equivalents at the beginning
of the reporting period
Cash and cash equivalents at the end of the
reporting period
2024
£
102,608
-
102,608
-
887
887
103,495
206,817
310,312
2023
£
21,696
(299)
21,397
(2,075)
-
(2,075)
19,322
187,495
206,817

The notes form part of these financial statements

Page 7

TELFORD MIND

NOTES TO THE CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2024

1. RECONCILIATION OF NET INCOME/(EXPENDITURE) TO NET CASH FLOW FROM OPERATING ACTIVITIES

Net income/(expenditure) for the reporting period (as per the Statement
of Financial Activities)
Adjustments for:
Depreciation charges
Interest received
Interest paid
Decrease in debtors
Decrease in creditors
Net cash provided by operations
2024
£
71,523
3,115
(887)
-
31,646
(2,789)
102,608
2023
£
(42,796)
4,208
-
299
90,669
(30,684)
21,696

2. ANALYSIS OF CHANGES IN NET FUNDS

Net cash At 1.4.23
£
Cash flow
At 31.3.24
£
£
Cash at bank 206,817 103,495
310,312
206,817 103,495
310,312
Total 206,817 103,495
310,312

The notes form part of these financial statements

Page 8

TELFORD MIND

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

1. TRANSFER OF CHARITY FROM UNINCORPORATED CHARITY TO INCORPORATED CHARITY

Background to the Merger

On 1 April 2023, Telford Mind- Unincorporated (Charity Number:516444) transferred all its assets and liabilities to Telford Mind- Incorporated (Company Number:CE019796, Charity Number: 1186627). The incorporated entity was established to continue the charitable activities of the original unincorporated association.

This transaction has been accounted for using the merger accounting method, in line with the Charities SORP (FRS 102), as:

The merging charities shared the same charitable objectives and beneficiaries;

No party gained control;

The merger was undertaken to further the charitable purposes for the benefit of beneficiaries;

No consideration was paid.

Telford Mind, an unincorporated charity worked to provide Mental Health Support to anyone in need of support over the age of 18.

Telford Mind: A charitable company limited by guarantee established on 28 November 2019 to continue the activities of the former charity under a corporate legal structure.This charity remained dormant until taking over the work of the unincorporated charity on 1 April 2023.

Date of the Merger

The effective date of the merger was 1 April 2023. From this date, all assets, liabilities, operations, and obligations of the unincorporated charity were transferred to the incorporated entity.

Adjustments

No significant adjustments have been added in order to align the accounting policies.

Components of statement of financial activities

All the comparative figures from the 2023 accounts are in relation to the unincorporated charity as the incorporated charity did not trade.

All the figures included in the 2024 accounts are in relation to the incorporated charity as the unincorporated charity did not trade.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

continued...

Page 9

TELFORD MIND

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

2. ACCOUNTING POLICIES - continued

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment - 33% on reducing balance

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate.

3. DONATIONS AND LEGACIES

Donations
Grants
Grants received, included in the above, are as follows:
Other grants
2024
£
25,108
72,045
97,153
2024
£
72,045
2023
£
18,112
-
18,112
2023
£
-

continued...

Page 10

TELFORD MIND

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

4. INVESTMENT INCOME

Deposit account interest
INCOME FROM CHARITABLE ACTIVITIES
Activity
Activity income
Helping Hands
Activity income
Calm Cafe
Activity income
Mental Health Awareness
Activity income
Social Prescribing
Activity income
Counselling Income
Activity income
NEETS engagement
Activity income
Suicide prevention projects
Activity income
VSMH for 18-25
Activity income
Assist & Engage
Activity income
Together fund
Activity income
Time to talk
2024
£
887
2024
£
-
106,296
2,700
484,387
6,445
-
25,000
-
-
-
4,500
629,328
2023
£
-
2023
£
4,998
105,684
14,556
353,579
6,040
18,000
30,750
17,000
66,000
2,387
-
618,994

5. INCOME FROM CHARITABLE ACTIVITIES

6. RAISING FUNDS

Raising donations and legacies

Subscriptions
Support costs
7.
CHARITABLE ACTIVITIES COSTS
Listening Services./Work It Out
Calm Cafe
Social Prescribing
Counselling Income
Suicide prevention projects
IAPT Support
Assist & Engage
Time to talk
Gardening group
Direct
Costs
£
-
20,739
-
2,720
-
-
-
577
729
24,765
2024
£
322
10,539
10,861
Support
costs (see
note 8)
£
13,246
43,689
367,955
7,616
18,291
8,714
8,003
-
-
467,514
2023
£
393
-
393
Totals
£
13,246
64,428
367,955
10,336
18,291
8,714
8,003
577
729
492,279

continued...

Page 11

TELFORD MIND

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

8. SUPPORT COSTS

8. SUPPORT COSTS
Information
Management Finance technology
£ £ £
Raising donations and legacies 10,539 - -
Other resources expended 118,865 89 10,270
Listening Services./Work It Out 13,246 - -
Calm Cafe 43,689 - -
Social Prescribing 367,955 - -
Counselling Income 7,616 - -
Suicide prevention projects 18,291 - -
IAPT Support 8,714 - -
Assist & Engage 8,003 - -
596,918 89 10,270
Raising donations and legacies Other
£
-
Governance
costs
£
-
Totals
£
10,539
Other resources expended 5,446 14,920 149,590
Listening Services./Work It Out - - 13,246
Calm Cafe - - 43,689
Social Prescribing - - 367,955
Counselling Income - - 7,616
Suicide prevention projects - - 18,291
IAPT Support - - 8,714
Assist & Engage - - 8,003
5,446 14,920 627,643
9. NET INCOME/(EXPENDITURE)
Net income/(expenditure) is stated after charging/(crediting):
Depreciation - owned assets 2024
£
3,115
2023
£
4,209
Hire of plant and machinery 1,613 1,688

continued...

Page 12

TELFORD MIND

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

10. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023.

Trustees' expenses

There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023.

11. STAFF COSTS

Wages and salaries
Other pension costs
2024
£
574,940
10,539
585,479
2023
£
616,427
10,301
626,728

The average monthly number of employees during the year was as follows:

Charity management
Calm Café
Helping Hands
Listening Service & Work It Out
Social Prescribing
Stay Mindful
Workplace Wellbeing
Suicide Bereavement
Impatient Discharge
Other
2024
2
5
-
2
19
-
1
1
-
8
38
2023
2
4
1
1
17
2
2
1
2
11
43

No employees received emoluments in excess of £60,000.

12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted
fund
£
INCOME AND ENDOWMENTS FROM
Donations and legacies 18,112
Charitable activities
Helping Hands 4,998
Calm Cafe 105,684
Mental Health Awareness 14,556
Social Prescribing 353,579
Counselling Income 6,040
NEETS engagement 18,000
Suicide prevention projects 30,750
VSMH for 18-25 17,000
Assist & Engage 66,000

continued...

Page 13

TELFORD MIND

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued

Unrestricted
fund
£
Together fund 2,387
Total 637,106
EXPENDITURE ON
Raising funds 393
Charitable activities
Helping Hands 11,496
Listening Services./Work It Out 22,441
Calm Cafe 51,079
Social Prescribing 330,826
Counselling Income 6,785
Inpatient discharge 12,738
Homeless Outreach Services 17,680
Suicide prevention projects 19,074
Care leavers project 18,886
IAPT Support 24,227
Dual Diagnosis Cafe 10,486
Assist & Engage 7,805
Other 145,986
Total 679,902
NET INCOME/(EXPENDITURE) (42,796)
Other recognised gains/(losses)
Gains/(losses) on revaluation of fixed assets (1)
Net movement in funds (42,797)
RECONCILIATION OF FUNDS
Total funds brought forward 308,474
TOTAL FUNDS CARRIED FORWARD 265,677

continued...

Page 14

TELFORD MIND

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

13. TANGIBLE FIXED ASSETS

COST
At 1 April 2023 and 31 March 2024
DEPRECIATION
At 1 April 2023
Charge for year
At 31 March 2024
NET BOOK VALUE
At 31 March 2024
At 31 March 2023
14.
DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade debtors
15.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Trade creditors
Social security and other taxes
Other creditors
Accrued expenses
16.
MOVEMENT IN FUNDS
At 1.4.23
£
Unrestricted funds
General fund
265,677
TOTAL FUNDS
265,677
2024
£
64,568
2024
£
9,355
24,850
6,955
2,760
43,920
Net
movement
in funds
£
71,523
71,523
Computer
equipment
£
20,410
11,055
3,115
14,170
6,240
9,355
2023
£
96,214
2023
£
11,577
26,599
7,153
1,380
46,709
At
31.3.24
£
337,200
337,200

continued...

Page 15

TELFORD MIND

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

16. MOVEMENT IN FUNDS - continued

Net movement in funds, included in the above are as follows:

Unrestricted funds
General fund
TOTAL FUNDS
Incoming
resources
£
727,368
727,368
Resources
Movement
expended
in funds
£
£
(655,845)
71,523
(655,845)
71,523

Comparatives for movement in funds

At 1.4.22
£
Unrestricted funds
General fund
308,474
TOTAL FUNDS
308,474
Comparative net movement in funds, included in the above are as follows:
Incoming
Resources
resources
expended
£
£
Unrestricted funds
General fund
637,106
(679,902)
TOTAL FUNDS
637,106
(679,902)
Net
movement
At
in funds
31.3.23
£
£
(42,797)
265,677
(42,797)
265,677
Gains and
Movement
losses
in funds
£
£
(1)
(42,797)
(1)
(42,797)

A current year 12 months and prior year 12 months combined position is as follows:

Unrestricted funds
General fund
TOTAL FUNDS
At 1.4.22
£
308,474
308,474
Net
movement
in funds
£
28,726
28,726
At
31.3.24
£
337,200
337,200

continued...

Page 16

TELFORD MIND

NOTES TO THE FINANCIAL STATEMENTS - continued FOR THE YEAR ENDED 31 MARCH 2024

16. MOVEMENT IN FUNDS - continued

A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:

Incoming
Resources
resources
expended
£
£
Unrestricted funds
General fund
1,364,474
(1,335,747)
TOTAL FUNDS
1,364,474
(1,335,747)
Gains and
Movement
losses
in funds
£
£
(1)
28,726
(1)
28,726

17. RELATED PARTY DISCLOSURES

There were no related party transactions for the year ended 31 March 2024.

Page 17

TELFORD MIND

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024

INCOME AND ENDOWMENTS
Donations and legacies
Donations
Grants
Investment income
Deposit account interest
Charitable activities
Activity income
Total incoming resources
EXPENDITURE
Raising donations and legacies
Subscriptions
Charitable activities
Wages
Rent and rates
Sundries
Summer ball event costs
Other
Computer equipment
Support costs
Management
Staff salaries
Staff pensions
Insurance
Training
Finance
Bank charges
Information technology
Telephone
Carried forward
2024
£
25,108
72,045
97,153
887
629,328
727,368
322
2,720
20,739
1,306
-
24,765
3,115
572,220
10,539
6,919
7,240
596,918
89
3,809
3,809
2023
£
18,112
-
18,112
-
618,994
637,106
393
6,826
13,245
-
150
20,221
4,208
609,601
10,301
3,819
-
623,721
1,535
5,013
5,013

This page does not form part of the statutory financial statements

Page 18

TELFORD MIND

DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024

Information technology
Brought forward
Computer software costs
Other
Photocopier rental
Postage and stationery
Advertising and marketing
Other 3
PAYE Interest
Governance costs
Accountancy and legal fees
Total resources expended
Net income/(expenditure)
2024
£
3,809
6,461
10,270
1,613
1,871
1,962
5,446
-
14,920
655,845
71,523
2023
£
5,013
7,028
12,041
1,688
2,701
-
4,389
299
13,095
679,902
(42,796)

This page does not form part of the statutory financial statements

Page 19