2023-03-31-accounts - Invictus Wellbeing Foundation CIO

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Invictus Wellbeing Foundation CIO

Charity number 1193094

Annual Report and Financial Statements

for the year ended 31 March 2023

Invictus Wellbeing Foundation CIO

Annual Report and Financial Statements for the year ended 31 March 2023

Contents	Page
Trustees' report	2 to 5
Examiner's report	6
Statement of financial activities	7
Balance sheet	8
Notes to the accounts	9 to 14

Invictus Wellbeing Foundation CIO

Trustees' report for the year ended 31 March 2023

Reference and administrative details of the charity, its trustees and advisors

The trustees during the financial year and up to and including the date the report was approved were: Name Position Dates

Alexander Berry Jeremy Hall Adam Brosnan Richard Blackburn Mark Pearson Benjamin Heavyside Sophie Varley Elizabeth Lee

Chairman

Resigned April 2023 Resigned April 2023

Appointed December 2022 Appointed December 2022 Appointed July 2023

Charity number

1193094

Registered in England and Wales

Registered and principal address

Bankers

Office Suite E323 Lloyds Bank plc E Mill 1 Legg Street Dean Clough Chelmsford Halifax CM1 1JS HX3 5AX

Independent examiner

Alan Dodd FCCA

West Yorkshire Community Accountancy Service CIO

Stringer House 34 Lupton Street Leeds LS10 2QW

Structure, governance and management

The charity is a Charitable Incorporated Organisation (CIO) foundation formed on 13 January 2021 and is governed by a constitution.

Method of recruitment and appointment of trustees

The trustees of the charity are appointed by the trustees at a duly convened meeting.

Invictus Wellbeing Foundation CIO

Trustees' report (continued) for the year ended 31 March 2023

Objectives and activities

The charity's objects

For the public benefit, to relieve the needs of young people in Yorkshire affected by, or at risk of developing, poor mental health, in particular, but not exclusively by:

A) Working with specialist agencies and mental health professionals to provide counselling and related mental health support;
B) Raising awareness and providing information to people within the community about mental health illnesses and ways to maintain good mental health.

Public benefit statement

In setting our objectives and planning our activities our Trustees have given serious consideration to the Charity Commission’s general guidance on public benefit and in particular the preservation, protection and enhancement of good mental health of young people in Yorkshire.

Achievements and performance

The BREW Project

The Brew Project continues to be our flagship service throughout West Yorkshire. We have continued to offer hundreds of children and young people with timely, effective and accessible mental health support and the demand for this service continues to grow (approx 800 referrals per annum). We have received fantastic feedback from young people, parents and professionals and continue to improve the mental health and wellbeing of young people who need support (Using clinical outcome scores, we see an average increase in wellbeing of 14% over a 4-12 week period).

Transition Support Service

The Transition Support Service has run as a pilot beginning in April 2022 and has been a resounding success. The project has aligned with the NHS Long Term Plan strategy in ensuring there is comprehensive support for young people 16-25. The project has established itself as a strong wraparound support project and supports 4060 children per week through counselling, support and activities. The service has now been made recurrent from 2023.

Try High Holiday Club

Delivering through the national HAF framework, we delivered Try High for a third year throughout 2022 and 2023. Working in partnership with Calder Community Squash and Halifax Panthers, we have gone on to deliver thousands of sessions to children accessing free school meals throughout Calderdale. We have worked with over 540 children in Park, Town, Warley, Illingworth, Mixenden and Ovenden Wards, offering sports, creative, wellbeing and enriching activities.

Liaison & Diversion

Throughout the year, we have continued our partnership with Liaison & Diversion (L&D) across West Yorkshire. We have offered therapeutic support and intervention to some of the most at risk young people in our region; supporting them with their mental health and wellbeing and dealing with complex needs and trauma. The project is now established across Calderdale, Bradford and Kirklees and engagement rates for L&D service users in mental health services have increased threefold.

Invictus Wellbeing Foundation CIO

Trustees' report (continued) for the year ended 31 March 2023

Achievements and performance (continued)

COPE

Our COPE Bereavement Project enters its third year in 2023 thanks to funding from the COOP Foundation. The project has been very well received by schools across Calderdale and Bradford and has been an essential support to some schools who have felt unsure on how to manage complex bereavement and trauma for their students. We have worked with groups of young people, offering an open space, psycho education and youth social action to work through bereavement, loss and change.

Therapeutic and Wellbeing work in Schools

We have continued to partner with many of our fantastic schools in the last year. We offer a range of services including counselling, bereavement work, workshops, group work, wellbeing support and consultations to schools. We have increased the number of schools we are working with and it has been a fantastic year developing our strategy with schools, MHSTs and wider partnerships to ensure our offer is truly valued by education settings.

Schools Ambassadors Project

This year we began a new project with Leeds COOP Academy which has been greatly received. Within this project we have developed a cohort of young people who will support the school and wider community in developing the whole school approach of the school. These ambassadors will develop spaces, develop policies and procedures and co-produce materials with the Senior Leadership team with our guidance.

Fundraising and Donations

Our fundraising strategy has come on leaps and bounds this year and we were excited to launch our first fundraising campaign in February 2023: #BlueSomeGood. We had 6 people run the Great North Run for us in 2022, raising over £3,000 and our campaign for Children’s Mental Health Week saw us raise thousands of pounds to support our charity.

Quality 4 Health and Wellbeing

In 2022, we were awarded the level 2 Q4H+W accreditation which demonstrates our commitment and ability to safe and ethical support for children and young people. The accreditation allows us to demonstrate to funders, parents and the public that we are an organisation committed to best practice and that we always put children and families first.

Active Calderdale

We began a new partnership with Active Calderdale this year which has allowed the charity to embed physical activity into our work and conversations. The partnership has secured us with funding to develop new and exciting projects, support our staff in being more active and supporting our service users into sports, physical activity and moving more.

The Invictus Drop In

The Invictus Drop In began in 2022 which is a safespace and drop in peer support service which runs at sites across Calderdale. The group is aimed at offering children a weekly support group without the need for a referral. The project has had great attendance so far with many regulars coming each week to get immediate support.

Youth Leaders

Our Youth Leaders have continued to keep our organisation grounded and youth led throughout the year. Youth Leaders are a group of young people who support the organisation in ensuring that our services and practice are youth led and that any developments are engaged and consulted with young people first. They have been involved in fundraising, interviews, community engagement, speeches, project volunteering and much more. We are excited to see how our Youth Leaders programme develops in 2023 and beyond.

Invictus Wellbeing Foundation CIO

Trustees' report (continued) for the year ended 31 March 2023

Achievements and performance (continued)

CFFC Awards

Last year our organisation was nominated for ‘Best Marketing Campaign’ at the Community Foundation for Calderdale Awards. We were also pleased that three of our youth leaders (Poppie, Lucy and Kiera) were all nominated for inspirational young person of the year. We were unfortunately not winners on the evening but are pleased that the achievements of our organisation are recognised locally.

Financial review

The net income for the year was £75,710, including net income of £47,038 on unrestricted funds and net income of £28,672 on restricted funds.

Reserves policy

The charity's free reserves at the year end were £103,495.

The trustees have agreed to maintain funds at sufficient levels in order to allow the smooth operation of the charity's activities. The policy is to aim to hold fee reserves of between 3 and 6 months of budgeted expenditure, which equates to between £145,000 and £290,000. The current reserves are below the minimum level but we plan on undertaking more unrestricted corporate work and fundraising activities during the next financial year to increase the level of reserves.

Going Concern Statement

At the time of signing these accounts the charity the trustees have assessed the charity’s ability to continue for at least 12 months from the date that the accounts are approved and conclude that no material uncertainties exist that cast significant doubt on the charity’s ability to continue as a going concern.

Approved by the board of trustees on 22/11/2023

Alex Gerald Berry (Trustee)

Invictus Wellbeing Foundation CIO

Independent examiner's report to the trustees of Invictus Wellbeing Foundation CIO

I report to the charity trustees on my examination of the accounts of the CIO for the year ended 31 March 2023, which are set out on pages 7 to 14.

Responsibilities and basis of report

As the charity trustees of the CIO 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 CIO's accounts as carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner's statement

Since the CIO's gross income exceeded £250,000 your examiner must be a fellow of a body listed in section 145 of the 2011 Act.

I confirm that I am qualified to undertake the examination because I am a fellow of ACCA which is one of the listed bodies.

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 charity as required by section 130 of the Charities Act; 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.

Alan Dodd FCCA

23/11/2023

West Yorkshire Community Accountancy Service CIO

Stringer House 34 Lupton Street Leeds LS10 2QW

Invictus Wellbeing Foundation CIO

Statement of Financial Activities

(including summary income and expenditure account) for the year ended 31 March 2023

Notes 2023 Unrestricted funds £ Income from: Grants (2) 5,365 Contracts 270,069 Donations and fundraising 20,275 Rental income 10,851 Support service income 25,835 Total income 332,395 Expenditure on: Salaries NI and pensions (3) 204,586 Direct project expenditure 23,794 Consultancy 18,572 Advertising and website 931 Computer and software 957 General office expenses 720 Legal and professional fees 3,840 Office equipment and furniture 1,145 Printing, postage and stationery 1,564 Resources 75 Telephone and mobile 3,653 Rent and rates 16,875 Repairs and renewals 569 Room hire 165 Meeting expenses - Training and supervision 856 Events 1,289 Fundraising expenditure 2,355 Travel expenses 331 Bank charges 64 Insurance and licenses 1,062 Independent examination 768 Membership and subscriptions 125 Payroll fees 836 Utilities 210 Volunteer training and expenses 15 Total expenditure 285,357 Net income 47,038 Fund balances brought forward 56,457 Fund balances carried forward (4) 103,495	2023 Restricted funds £ 147,772 - - - - 147,772 48,777 57,612 200 800 20 337 272 693 5 289 140 6,802 279 2,110 - 85 - - 20 - - - - - - 659 119,100 28,672 31,084 59,756	2023 Total funds £ 153,137 270,069 20,275 10,851 25,835 480,167 253,363 81,406 18,772 1,731 977 1,057 4,112 1,838 1,569 364 3,793 23,677 848 2,275 - 941 1,289 2,355 351 64 1,062 768 125 836 210 674 404,457 75,710 87,541 163,251	2022 Total funds £ 141,233 - 3,318 2,436 5,630 152,617 - 39,059 14,972 333 149 899 800 1,007 428 290 238 4,978 274 262 13 204 185 770 29 - - - 186 - - - 65,076 87,541 - 87,541

All incoming resources and resources expended derive from continuing activities.

Invictus Wellbeing Foundation CIO

Balance sheet

as at 31 March 2023 2023 Unrestricted £ Current assets Debtors and prepayments (5) 26,488 Cash at bank and in hand (6) 80,546 Total current assets 107,034 Current liabilities: amounts falling due within one year Creditors and accruals (7) 3,539 Total current liabilities 3,539 Net current assets 103,495 Net assets 103,495 Funds Unrestricted funds 103,495 Restricted funds - Total funds 103,495	2023 Restricted £ - 59,988 59,988 232 232 59,756 59,756 - 59,756 59,756	2023 Total £ 26,488 140,534 167,022 3,771 3,771 163,251 163,251 103,495 59,756 163,251	2022 Total £ 9,397 79,407 88,804 1,263 1,263 87,541 87,541 56,457 31,084 87,541

The financial statements were approved by the board of trustees on 22/11/2023

Alex Gerald Berry (Trustee)

Invictus Wellbeing Foundation CIO

Notes to the accounts

for the year ended 31 March 2023

1 Accounting policies

Basis of accounting

These accounts have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant note(s) to these accounts. The financial statements have been prepared in accordance with the Statement of Recommended Practice: Accounting and Reporting by 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) and with the Charities Act 2011.

The charity constitutes a public benefit entity as defined by FRS 102. There has been no change to the accounting policies since last year. No changes have been made to the accounts for the previous period.

Going concern

The trustees are satisfied that there are no material uncertainties about the charity's ability to continue.

Incoming resources

All incoming resources are included in the Statement of Financial Activities (SOFA) when the charity becomes entitled to the resources, it is more likely than not that the trustees will receive the resources and the monetary value can be measured with sufficient reliability.

Grants and donations

Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resources.

Where grants are related to performance and specific deliverables, they are accounted for as the charity earns the right to consideration by its performance.

Donated assets, facilities or services are valued at their estimated value to the charity. This is the price that the charity estimates it would pay in the open market for equivalent items; or services and facilities of equivalent utility to the charity.

Expenditure and liabilities

Expenditure is recognised on an accrual basis as a liability is incurred. Liabilities are recognised where it is more likely than not that there is a legal or constructive obligation committing the charity to pay out the resources and the amount of the obligation can be measured with reasonable certainty.

Taxation

As a charity the organisation benefits from rates relief and is generally exempt from income tax and capital gains tax but not from VAT. Irrecoverable VAT is included in the cost of those items to which it relates.

Tangible fixed assets

Tangible fixed assets costing more than £1,000 are capitalised and included at cost including any incidental expenses of acquisition. Gifted assets are shown at the value to the charity on receipt. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost on a straight line basis over their expected useful economic lives as follows: Project and office equipment: over 5 years Computer equipment: over 3 years

Pensions

The charity operates a defined contribution scheme for the benefit of its employees. The costs of contributions are recognised in the year they are payable.

Invictus Wellbeing Foundation CIO

Notes to the accounts

for the year ended 31 March 2023

1 Accounting policies continued

Fund accounting

Unrestricted funds are available for use at the discretion of the trustees in furtherance of the general objectives of the charity.

Restricted funds are subjected to restrictions on their expenditure imposed by the donor or through the terms of an appeal.

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

Leases

Rents under operating leases are charged on a straight line basis over the lease term or to an earlier date if the lease can be determined without financial penalty.

Invictus Wellbeing Foundation CIO

Notes to the accounts continued

for the year ended 31 March 2023

2 Grants Asda Foundation Calderdale MBC City of Bradford MDC Community Foundation for Calderdale (CFFC) Co-op Foundation NHS Bradford District and Craven CCG Sir George Martin Trust Voluntary & Community (VAC) Arnold Clark Community Fund Health Education England Locala Community Partnerships CIC The KFC Foundation Wakefield Metropolitan District Council West Yorkshire Combined Authority 3 Staff costs and numbers Gross salaries Social security costs Employment allowance Pensions	2023 Unrestricted funds £ 515 - - - - - 4,000 850 - - - - - - 5,365	2023 Restricted funds £ - 10,500 8,160 91,232 9,980 27,900 - - - - - - - - 147,772	2023 Total funds £ 515 10,500 8,160 91,232 9,980 27,900 4,000 850 - - - - - - 153,137 2023 £ 239,145 15,197 (5,000) 4,021 253,363	2022 Total funds £ - - - 60,635 - - - 9,860 4,000 13,940 1,500 2,000 38,298 11,000 141,233 2022 £ - - - - -

The average number of employees during the year was 22.8, being an average of 9.3 full time equivalent. There were no employees with emoluments above £60,000.

Defined contribution pension scheme	2023	2022
	£	£
Costs of the scheme to the charity for the year	4,021	-
Amount of any contributions outstanding at the year end	1,093	-

Invictus Wellbeing Foundation CIO

Notes to the accounts continued

for the year ended 31 March 2023

4 Restricted funds West Yorks Combined Authority CFFC (1) Mayor's Safer Communities Fund CFFC (2) CFFC (3) City of Bradford MDC (1) CFFC (4) CMBC Co-op Foundation City of Bradford MDC (2) NHS Bradford District and Craven CCG	Balance b/f £ 5,000 3,757 6,000 11,656 4,671 - - - - - - 31,084	Incoming £ - - - 61,232 - 5,280 27,900 30,000 10,500 9,980 2,880 147,772	Outgoing £ 5,000 - 6,000 61,250 4,671 223 23,140 - 10,500 7,437 879 119,100	Transfers £ - - - - - - - - - - - -	Balance c/f £ - 3,757 - 11,638 - 5,057 4,760 30,000 - 2,543 2,001 59,756

Fund name

Purpose of restriction

West Yorks Combined Authority To appoint a link worker for direct interventions with young people CFFC (1) For the Tagtalks project

Mayor's Safer Communities Fund For two specialist workers to undertake 'link work' with vulnerable young people

CFFC (2) For the Try High holiday club CFFC (3) For the Youth Leaders project City of Bradford MDC (1) For the Peer Support project NHS Bradford District and Craven For the delivery of the Brew project across Bradford CCG CFFC (4) Towards the Brew Calderdale project CMBC Towards the Brew Calderdale project Co-op Foundation For the Cope project providing group bereavement support for 12-17 year olds

City of Bradford MDC (2) For Thrive holiday club activities and food for Children accessing free school meals

Debtors and prepayments Prepayments Other debtors	2023 £ 12,809 13,679 26,488	2022 £ - 9,397 9,397

5 Debtors and prepayments

Invictus Wellbeing Foundation CIO

Notes to the accounts continued

for the year ended 31 March 2023

6 Cash at bank and in hand Cash at bank Cash in hand 7 Creditors and accruals Creditors Accruals	2023 £ 140,437 97 140,534 2023 £ 3,003 768 3,771	2022 £ 79,407 - 79,407 2022 £ 1,263 - 1,263

8 Related party transactions

Trustee expenses

No trustee received any expenses during this year or the previous period.

Trustee remuneration and benefits

No trustee received any remuneration or benefit during this or the previous period.

Payments and benefits received by key management personnel

The total benefits received by key management personnel were £31,124 (previous period: £15,864).

Other transactions with trustees or related parties Adam Brosnan 9 Operating leases Within one year In the second to fifth years inclusive Name of trustee or related party Relationship to charity Description of transaction Trustee Director of Brosnans Chartered Accountants who provide payroll services to the charity Trustee Director of Dean Clough Ltd who supply office rental and services to the charity Expected future minimum lease payments over the remaining life of the Trustee Director of PIB Insurance Brokers who provide combined insurance to the charity Mark Pearson Jeremy Hall	2023 £ 836 918 16,373 18,127 2023 £ 30,706 91,586 122,292	2022 £ - - 3,763 3,763 2022 £ 7,986 120,924 128,910

Invictus Wellbeing Foundation CIO

Statement of Financial Activities including comparatives for all funds (including summary income and expenditure account) for the year ended 31 March 2023

2023 2022 Unrestricted Unrestricted funds funds £ £ Income Grants 5,365 74,448 Contracts 270,069 - Donations and fundraising 20,275 3,318 Rental income 10,851 2,436 Support service income 25,835 5,630 Total income 332,395 85,832 Expenditure Salaries NI and pensions 204,586 - Direct project expenditure 23,794 5,534 Consultancy 18,572 13,472 Advertising and website 931 289 Computer and software 957 - General office expenses 720 899 Legal and professional fees 3,840 800 Office equipment and furniture 1,145 1,007 Printing, postage and stationery 1,564 383 Resources 75 272 Telephone and mobile 3,653 - Rent and rates 16,875 4,978 Repairs and renewals 569 274 Room hire 165 80 Meeting expenses - 13 Training and supervision 856 204 Events 1,289 185 Fundraising expenditure 2,355 770 Travel expenses 331 29 Bank charges 64 - Insurance and licenses 1,062 - Independent examination 768 - Membership and subscriptions 125 186 Payroll fees 836 - Utilities 210 - Volunteer training and expenses 15 - Total expenditure 285,357 29,375 Net movement in funds 47,038 56,457 Fund balances brought forward 56,457 - Fund balances carried forward 103,495 56,457	2023 Restricted funds £ 147,772 - - - - 147,772 48,777 57,612 200 800 20 337 272 693 5 289 140 6,802 279 2,110 - 85 - - 20 - - - - - - 659 119,100 28,672 31,084 59,756	2022 Restricted funds £ 66,785 - - - - 66,785 - 33,525 1,500 44 149 - - - 45 18 238 - - 182 - - - - - - - - - - - 35,701 31,084 - 31,084	2023 Total funds £ 153,137 270,069 20,275 10,851 25,835 480,167 253,363 81,406 18,772 1,731 977 1,057 4,112 1,838 1,569 364 3,793 23,677 848 2,275 - 941 1,289 2,355 351 64 1,062 768 125 836 210 674 404,457 75,710 87,541 163,251	2022 Total funds £ 141,233 - 3,318 2,436 5,630 152,617 - 39,059 14,972 333 149 899 800 1,007 428 290 238 4,978 274 262 13 204 185 770 29 - - - 186 - - - 65,076 87,541 - 87,541