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2021-04-05-accounts

REGISTERED CHARITY NUMBER: 1189254

Report of the Trustees and

Unaudited Financial Statements for the Period 1 May 2020 to 5 April 2021

for

Minds for Men Wellness for Women

JBC Accountants Limited Chartered Accountants 3B Lockheed Court Preston Farm Stockton on Tees TS18 3SH

Minds for Men Wellness for Women

Contents of the Financial Statements for the Period 1 May 2020 to 5 April 2021

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

Minds for Men Wellness for Women

Report of the Trustees for the Period 1 May 2020 to 5 April 2021

The trustees present their report with the financial statements of the charity for the period 1 May 2020 to 5 April 2021. 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).

OBJECTIVES AND ACTIVITIES

Objectives and aims

Our charity operates to relieve social anxiety and alleviate mental health pressures through providing activities that are inclusive and engaging.

We aim to, through our various scheduled activities and ad-hoc events, encourage men and women to participate as a group. We allow anyone over the age of 18 who needs us, into our support groups, regardless of financial circumstances, race, religion, sexual orientation or educational level.

We adapt our activities to be inclusive and in line with the consensus of services users. They are community-centric and are focused on enabling those who would not normally participate in such activities to get involved. Through open and guided conversations within our support groups, we devise planned activities that encourage participation.

Our key objectives for the year are to:

Review of Activities and Achievements

We have completed 32 planned well-being walks to varying destinations which have all been coastal or woodland based. Our support groups ran through the pandemic allowing 11 to 16 people to meet twice a week in safe controlled conditions.

We delivered over 1000 food parcels from our food bank to vulnerable people in our community, assisted with CV preparation and interview preparation for 30 people, assisted in the re-housing of 2 individuals from violent relationships and issued 50+ fuel poverty vouchers.

Our community shop was open for 6 months to provide low cost and free food to local residents.

FINANCIAL REVIEW

Principal funding sources

The principal source of income is through donations and fundraising. Several grants were received for varying projects from the following donors: County Durham Community Foundation Tees Valley Community Foundation The William Leech Charity Sir James Knott Trust Provincial Grand Lodge of Durham

FUTURE PLANS

Our plans are to continue as we have with our regular activities but also add a mobile support hub after we have completed the conversion process of a minibus.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Charity number

1189254

Page 1

Minds for Men Wellness for Women

Report of the Trustees for the Period 1 May 2020 to 5 April 2021

Principal address The Annexe Wharton Terrace Hartlepool TS24 8NS

Trustees

Mr M Connelly (appointed 14/7/2022) K Thorpe-Aspinall (appointed 31/3/2022) Mr M Day (appointed 31/3/2022) J Phillips (appointed 31/3/2022) D Morrison (appointed 25/10/2021) Mr C Fisher (appointed 12/10/2021) E Birch (appointed 12/9/2021) Mr I Doherty Trustee (appointed 6/6/2020)

Independent Examiner

JBC Accountants Limited Chartered Accountants 3B Lockheed Court Preston Farm Stockton on Tees TS18 3SH

Approved by order of the board of trustees on ............................................. and signed on its behalf by:

........................................................................ Mr M Connelly - Trustee

Page 2

Independent Examiner's Report to the Trustees of Minds for Men Wellness for Women

Independent examiner's report to the trustees of Minds for Men Wellness for Women

I report to the charity trustees on my examination of the accounts of Minds for Men Wellness for Women (the Trust) for the period 1 May 2020 to 5 April 2021.

Responsibilities and basis of report

As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').

I report in respect of my examination of the Trust's accounts carried out under section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of the Trust as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.

I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.

L Dickson Institute of Chartered Accountants in England and Wales JBC Accountants Limited Chartered Accountants 3B Lockheed Court Preston Farm Stockton on Tees TS18 3SH

Date: .............................................

Page 3

Minds for Men Wellness for Women

Statement of Financial Activities for the Period 1 May 2020 to 5 April 2021

Unrestricted
fund
Notes £
INCOME AND ENDOWMENTS FROM
Donations and legacies 17,379
Other trading activities 2 694
Total 18,073
EXPENDITURE ON
Charitable activities
Core charitable 14,756
NET INCOME 3,317
TOTAL FUNDS CARRIED FORWARD 3,317

The notes form part of these financial statements

Page 4

Minds for Men Wellness for Women

Balance Sheet
5 April 2021
Unrestricted
fund
Notes £
FIXED ASSETS
Tangible assets 4 2,114
CURRENT ASSETS
Stocks 5 739
Debtors 6 963
Cash at bank 1
CREDITORS 1,703
Amounts falling due within one year 7 (500)
NET CURRENT ASSETS 1,203
TOTAL ASSETS LESS CURRENT
LIABILITIES 3,317
NET ASSETS 3,317
FUNDS 8
Unrestricted funds 3,317
TOTAL FUNDS 3,317

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

............................................. Mr M Connelly - Trustee

............................................. K Thorpe-Aspinall - Trustee

The notes form part of these financial statements

Page 5

Minds for Men Wellness for Women

Notes to the Financial Statements for the Period 1 May 2020 to 5 April 2021

1. ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements of the charity, 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 Charities Act 2011. 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.

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.

Fixtures and fittings - 20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

The charity is exempt from 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.

2. OTHER TRADING ACTIVITIES

£

Fundraising events

694

continued...

Page 6

Minds for Men Wellness for Women

Notes to the Financial Statements - continued for the Period 1 May 2020 to 5 April 2021

3. TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the period ended 5 April 2021.

Trustees' expenses

There were no trustees' expenses paid for the period ended 5 April 2021.

4. TANGIBLE FIXED ASSETS

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£
COST
Additions 2,642
DEPRECIATION
Charge for year 528
NET BOOK VALUE
At 5 April 2021 2,114
5. STOCKS
Stocks £
739
6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other debtors £
41
Prepayments 922
963
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
Other creditors £
500
8. MOVEMENT IN FUNDS
Unrestricted funds Net
movement
in funds
£
At
5/4/21
£
General fund 3,317 3,317
TOTAL FUNDS 3,317 3,317

continued...

Page 7

Minds for Men Wellness for Women

Notes to the Financial Statements - continued for the Period 1 May 2020 to 5 April 2021

8. MOVEMENT IN FUNDS - continued

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

Incoming Resources Movement Movement
resources expended in funds
£ £ £
Unrestricted funds
General fund 18,073 (14,756) 3,317
TOTAL FUNDS 18,073 (14,756) 3,317

9. RELATED PARTY DISCLOSURES

Charitable costs of £153.41 were reimbursed to trustees during the period.

Goods and services to the value of £555.90 were donated by trustees to the charity.

Page 8

Minds for Men Wellness for Women

Detailed Statement of Financial Activities for the Period 1 May 2020 to 5 April 2021

£

INCOME AND ENDOWMENTS

Donations and legacies
Donations
Grants
Other trading activities
Fundraising events
Total incoming resources
EXPENDITURE
Charitable activities
Postage, stationery and advertising
Sundries
Motor and travel expenses
Repairs and maintenance
Staff training
Uniform costs
Event and activity costs
Donations, outreach and support
Community shop stock
Depreciation of tangible fixed assets
Support costs
Finance
Bank charges
Governance costs
Accountancy fees
Insurance
Total resources expended
Net income
4,874
12,505
17,379
694
18,073
272
1,338
2,624
1,845
596
1,675
3,341
1,202
738
528
14,159
11
500
86
586
14,756
3,317

This page does not form part of the statutory financial statements

Page 9