Invictus Wellbeing Foundation CIO Charity number 1193094 Annual Report and Financial Statements for the year ended 31 March 2024 INVICTUS well-being
Invictus Wellbeing Foundation CIO Annual Report and Financial Statements for the year ended 31 March 2024 Contents Page Trustees, report 2to5 Examinels report Statement of financial activities Balance sheet Statement of cash flows Notes to the accounts 10t0 17
Invictus Wellbeing Foundation CIO Trustees. report for the year ended 31 March 2024 Rgf9r9n¢g and administrativg dgtails of thg charity, its trust90$ and advisors The trustees during the financial year and up to and including the date the report was approved were.. Name Position Dates Alexander Bery Chairman Jeremy Hall Adam Brosnan Richard Blackburn Mark Pearson Benjamin Heavyside Sophie Varley Elizabeth Lee Maryanne Loiacono Keira Tynan Resigned April 2023 Resigned April 2023 Treasurer Appointed July 2023 Appointed June 2024 Appointed November 2024 Charity numbar 1193094 Registered in England and Wales Registered and prSncSpal address Office Suite E323 E Mill Dean Clough Halifax HX3 SAX Bankers Lloyds Bank plc 1 Legg Street Chelmsford CM1 1JS 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 Oryanisalion ICIOI foundation formed on 13 January 2021 and is govemed by a conslitulion. Method of recruilmgnt and appointment of twslees The trustees of the Charity are appointed by the Iruslees al a duly convened meeting.
Invictus Wellbeing Foundation CIO Trustees. report (continued) for the year ended 31 March 2024 Objectives and activities The Charitys objects For the public benefit, lo relieve the needs of young people in Yorkshire affected by, or at risk of developing, poor mental health, in particular, bul not exclusively by.. Al Working with specialist agencies and mental health professionals to provide counselling and related mentsl health support., Bl Raising 8W8reness 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 gcx)d mental health of young people in Yorkshire. Achiavomonts and pgrformancg 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 lo grow lover 900 referrals per annuml. 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 lusing Clinical outcome swres, we see an average increase in wellbeing of 190/0 over a 6-8 week period). Transition Support Service The Transition Support Service has njn 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 aged 16-25. The project has established itself as a strong wraparound support project and supports nearfy 250 young people per annum through counselling, support and activities. The service has now been made recurrent from 2023. Try Hlgh Hollday Club Delivering through the national HAF framework. we delivered Try High for a fourth year throughout 2023 and 2024. Working in partnership with Calder Community Squash and Halrfax Panthers we have gone on lo deliver thousands of sessions to children accessing free school meals throughout Calderdale. We have worked with over 530 children in Park, Town, Warley, Illingworth, Mixenden and Ovenden wards, offering sports, creative, wellbeing and enriching activities. Thrive Holiday Club. Our Thrive Holiday Club premiered in 2023 and worked with nearly 200 children in its first year. Funded by HAF, Thrive Holiday Club is solely staffed and organised by Inviclus Wellbeing in Bradford. While providing over 1,300 sessions to children accessing free school meals in Bradford, we have created a sensory quiet area for SENIAutisticlADHD children we work with. There is a mental health awareness theme running through every session delivered al Thrive Holiday Club while working alongside college students lo provide placement hours for their studies. Liaison & Diversion Throughout the year, we have continued our partnership with Liaison & Diversion IL&DI across Wesl Yorkshire. We have offered Iherapeulic support and intervention lo 62 of the most al 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 Kirkl8es and engagement rates for L&D service users in mental health ServIS have increased threefold.
Invictus Wellbeing Foundation CIO Trustees. report (continued) for the year ended 31 March 2024 Achievgmgnts and pgrfomiance Icontinuedl COPE Our COPE Bereavement Project has been running for 4 years in 2024, thanks lo 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 lo 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. Fundraising and Donations We entered the second year of our fundraising strategy this year, expanding and growing our events and fundraising efforts across West Yorkshire. Our #BlueSomeGood campaign saw over 7.000 school pupils dress in blue and fundraise for us, together with the community, support for our charitable cause has been fantsstic. We thank the many businesses. schools and individuals that chose lo support us this year. Active Calderdale Our partnership with Active Calderdale has remained strong this year and has allowed the charity lo embed physical activity into our work and Conversations. The partnership secured us with funding lo develop new and exciting projects, support our service users and staff wth sports, physical activity and moving more. Youth Leaders Our Youth Leaders are a group of young people who support the organisation in ensuring that our serVIS 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 lo be working with our youth leader lo expand the project next year and create our first ever Youth Advisory Board. Awards and Recognition Four of our Youth leaders won the Community Foundation for Calderdale's Young Community Champion Award this year in recognition of their incredible efforts and volunteer work al Inviclus Wellbeing. A massive well done to Hary, Kiera, Mal and Ruby. Plans for future periods Invictus Wellbeing has had its biggest year yel, and with that we have some big plans for the coming years. We are moving into a critical period for the charity and the work we do, and one of our lop targets next year is to acquire a secure, bigger and better headquarters.. this will allow our teams to collaborate and work alongside each other in the most efficient way. We hope to further solidify our presence in Calderdale and Bradford. while continuing to pursue a presence in Kirklees, to provide core services across the region. We want our charity lo become more sustainable by securing long-lerm contracts and grants lo offer our staff the permanent contracts they deserve. We aim to increase our fundraising through community engagement, supporting businesses and ulilising the power of social media. Our CEO stales that we Sim lo continue developing our partnerships and our workforce, ultimately supporting more and more young people.
Invictus Wellbeing Foundation CIO Trustees. report (continued) for the year ended 31 March 2024 Financial review The nel expenditure for the year was £95,089, including nel expenditure of £87,819 on unrestricted funds and nel expenditure of £7,270 on restricted funds after transfers. Reserves policy The charity's free reserves al the year end were £15,676. The Iruslees will aim to maintain a minimum reserve of £83,000 to cover estimated costs in the event of closure (redundancy payments, lease lerminalions and legal and professional fees).. This amount will be reviewed annually. The current reserves are well below the minimum level and this has been identified as a significant risk and concern by the board. The current Chief Executive OffIr and Senior Leadership team have, however, agreed steps to increase these reserves and have secured significant contracts and funding from January and April 2025 respectively. The aim is to hold free reserves of £35,000 by January 2025 and £80,000 by April 25. We then aim to finish the financial year of 25126 with a total reserves amount of £165,000. This will be possible due lo us= having agreed a number of unreslricled contracts from January 25 which allows us 25°A unrestricted costs., securing unrestricted core cost funding from BBC Children in Need lasting for three years., being a growing charity and expecting our income to grow significantly over the nexl financial year, allowing more finances lo flow to unrestricted costs., having employed a fundraising professional and strategy lo significantly increase our corporate and individual fundraising income., requesting significant increases lo our current contracts and other funders to reflect inflation and the cost of living crisis and freezinglreducing the core costs of the organisalion lin real terms i.e. in line with inflation). Going Concern Statement At the lime of signing these accounts the charity the trustees have assessed the chariws ability lo continue for at least 12 months from the date that the accounts are approved and Conclude that no material uncertainties exist that cast significant doubl on the charitys ability to continue as a going concern. Approved by the board of trustees on 141112025 Alex Berry ITrLJSteel
Invictus Wellbeing Foundation CIO Independent examinerfs 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 2024, which are sel out on pages 7 to 17. Responsibilities and basis of report As the charity Iruslees of the CIO you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 I'lhe Act'l. 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 14515llbl of the Act. Independent examlnerfs statement Since the charills 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 l am qualified lo undertake the examination because l 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 lo 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 reqLJired 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 accoLJnts sel out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a 'lrue and fair view, which is not a matter considered as part of an independent examination. I have no GOnrnS and have come across no other mallers in conneclion 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 1511125 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 2024 Notes 2024 Unrestricted funds 2024 Reslrieled funds 2024 Total funds 2023 Total funds Income from: Donations Charitsble activities Fundraising Total income 60,974 346,059 9,682 416,715 60,974 489,739 9,682 560,395 17,714 459,892 2,561 480,167 143,680 143,680 Expenditure on- Charitable activities Total expenditure Net Income I lexpendlturel Transfers between funds Net movement in funds 477,849 477,849 161,1341 26,685 187,8191 177,635 177,635 133,9551 26,685 (7,2701 655,484 655,484 195,0891 404,457 404,457 75,710 (95,089} 75,710 Fund balances brought fonmard Fund balances carried fOard 103,495 15,676 59,756 52,486 163,251 68,162 87,541 163,251 All incoming resources and resources expended derive from continuing activities.
Invictus Wellbeing Foundation CIO Balance sheet as at 31 March 2024 2024 Unreslricled 2024 Reslricled 2024 Total 2023 Total Current assets Debtors and prepayments Cash al bank and in hand Total current assets 27,766 7,529 20,237 27,766 45,956 73,722 26.488 140,534 167,022 53,485 53,485 Current liabilities: amounts falling due within one year Creditors and accruals Total current liabilities 4,561 4,561 999 999 5,560 5,560 3,771 3,771 Net current assets 15,676 52,486 68,162 163,251 Net assets 15,676 52,486 68,162 163,251 Funds Unrestricted funds Reslricled funds Total funds 15.676 15,676 52,486 68,162 103,495 59,756 163,251 52,486 52,486 15,676 The financial statements were approved by the board of trustees on 141112025 Alex Berry (Trusteel
Invictus Wellbeing Foundation CIO Statement of cash flows for the year ended 31 March 2024 2024 2023 Cash flows from operating aetivities: Net Cash provided by {used inl operating activities {94,578) 61,127 Change in cash and cash equivalents in the reporting period Cash and cash equivalents al the beginning of the reporting period Cash and cash equivalents at the end of the reporting period (94,5781 140,534 45,956 61,127 79,407 140,534 Reconciliation of net movement in funds to net cash flow from operating activities 2024 2023 Nel movement in funds for the reporting period (as per the slalement of financial aclivitiesl Adjustments for.. {Increasel I decrease in debtors Increase I Idecreasel in creditors Net cash provided by (used inl operating activities (95,089) 75,710 11,278) 1,789 194,578) 117,0911 2,508 61,127 Analysis of cash and cash equivalents 2024 2023 Cash in hand Noti deposits {less than 30 days) Totsl cash and cash equivalents 103 45,853 45,956 97 140,437 140,534
Invictus Wellbeing Foundation CIO Notes to the accounts for the year ended 31 March 2024 1 Accounting policies Basis of accounting These 8ccounls have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise slated in the relevant notelsl lo these accounts. The financial slalements have been prepared in accordance with the Stslemenl 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 IFRS 1021 leffeclive 1 January 2019) and with the Charities Act 2011. The charity conslitules 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 lo the accounts for previous years. Going concem The trustees are satisfied that there are no material uncertainties about the charills ability lo continue. Incoming resources All incoming resources are included in the Statement of Financial Activities ISOFA) when the charity becomes entided to the resources, if il is more likely than not that the trustees will receive the resources and the monetary value can be measured with sufficient reliability. Grants and donatlons Grants and donations are only included in the SOFA when the charity has unconditional entitlement to the resources. Where grants are related lo performance and specrfic deliverables, they are accounted for as the charity eams 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 eslimales il would pay in the open market for equivalent items,. or setvices and facilities of equivalent utility lo 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 charty to pay out the resources and the amount of the obligation can be measured with reasonable certainty. Taxation As a charity the organisalion benefits from rates relief and is generally exempl from income tax and capital gains tax bul not from VAT. Irrecoverable VAT is included in the cost of those items lo which tt relal8S. 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 al rates calculated to write off the cost on a slraighl 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 conlribvlion scheme for the benefit of its employees. The costs of contributions are recognised in the year they are payable. 10
Invictus Wellbeing Foundation CIO Notes to the accounts for the year ended 31 March 2024 1 Accounting policies continued Fund accounting Unrestricted funds are available for use at the discretion of the Iruslees in furtherance of the general objectives of the charity. Reslricled funds are subjected lo 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 lo an earlier dale if the lease can be determined without financial penalty.
Invictus Wellbeing Foundation CIO Notes to the accounts continued for the year ended 31 March 2024 2 Donations 2024 Unrestricted funds 2024 Restricted funds 2024 Total funds 2023 Total funds ICCM Calderdale Borough Council Invictus Wellbeing Services CIC Next PLC Crossley Scott Hargreaves Foundry Sheard Packaging General donations 14,000 10,176 6,000 9,762 2,710 6,113 12,213 60,974 14,000 10,176 6,000 9,762 2,710 6,113 12,213 60,974 17,714 17,714 3 Charitable activiti9s incom0 2024 Unrestricted funds 2024 Restricted funds 2024 Total funds 2023 Total funds Grants for charitable activities Asda Foundation Calderdale MBC City of Bradford MDC Community Foundation for Calderdale ICFFC) Co-op Foundation NHS Bradford District and Craven CCG West Yorkshire Inlegraled Care Board Sir George Martin Trust Voluntary & Community IVACI The National Lottery Community Fund Groundwork UK Affinity Care North Halifax Ward Forum Yorkshire Building Society Contract income Rental income Support service income Other incom8 515 10,500 8,160 91,232 9,980 27,900 20,796 20,796 16,252 63,124 749 16,252 63,124 749 48,800 3,333 48,800 3,333 4,000 850 10,000 10,000 625 1,422 500 2,000 273,510 2,520 44,960 1,148 489,739 625 1,422 500 2,000 273,510 2,520 44,960 1,148 346,059 270,069 10,851 25,835 143,680 459,892 4 Charltable actlvltles expendlture Activities undertaken directly 2024 Total cost 2023 Total cost Support costs Charitable activities 613,046 613,046 42,438 42,438 655,484 655,484 404,457 404,457 12
Invictus Wellbeing Foundation CIO Notes to the accounts continued for the year ended 31 March 2024 4a Support costs 2024 Total cost 2023 Total cost Support cost type Management, finance and admin support Office costs Human resources Payroll adminislralion Memberships and subscriptions Governance 26,124 10,288 1,879 1,404 1,933 810 42,438 19,809 8,184 836 125 768 29,722 4b Charitable activities expenditure detail 2024 Unrestricted funds 2024 Restricted funds 2024 Total cost 2023 Total cost Salaries Nl and pensions Direct project expenditure Consultancy Advertising and website Computer and software General office expenses Legal and professional fees Office equipment and furniture Printing, postage and stationery Resources Media and marketing Telephone and mobile Rent and rates Repairs and renewals Room hire Training and supervision Events Fundraising expenditure Travel expenses Bank charges Insurance and licenses Independent examination Membership and subscriptions Payroll fees 14cl 354,268 34,625 21,368 789 1,948 1,002 5,056 692 1,403 95,501 49,445 100 449,769 84,070 21,468 789 1,948 1,222 5,440 915 1,944 176 3,279 4,741 45,314 622 4,022 11,997 1,370 4,744 2,155 133 1,611 810 1,933 1,404 3,262 346 655,484 253,363 81,406 18,772 1,731 977 1,057 4,112 1,838 1,569 364 220 384 223 541 176 750 1,224 21,484 152 2,686 675 2,529 3,517 23,830 470 1,336 11,322 1,370 4,744 1,714 133 1,600 810 1,807 1,144 372 3,793 23,677 848 2,275 941 1,289 2,355 351 64 1,062 768 125 836 210 674 404,457 441 11 126 260 2,890 346 177,635 Volunteer training and expenses 477,849 13
Invictus Wellbeing Foundation CIO Notes to the accounts continued for the year ended 31 March 2024 4c Staff costs and numbers 2024 2023 Gross salaries Social security costs Employment allowance Selllemenl agreement Pensions 420,542 26,053 15,000} 1,370 6,804 449,769 239,145 15,197 15,0001 4,021 253,363 The average number of employees during the year was 42.9, being an average of 13.7 full lime equivalent 12023.. 21.9, 8.8 FTEI. There were no employees with emoluments above £60,000. Defined contribution pension scheme 2024 2023 Costs of the scheme to the charity for the year Amount of any contributions outstanding at the year end 6,804 1,399 4,021 1,093 S Restrlcted funds Balance blf Incoming Outgoing Transfers Balance clf CFFC111 CFFC121 City of Bradford MDC {11 Brew Bradford 3,757 11,638 5,057 4,760 30.000 2,543 2,001 3,757 61,293 5,057 49,745 30,000 3,292 16,580 7,584 327 63,124 13,469 48,800 26,685 30,500 CFFC131 Co-op Foundation City of Bradford MDC {21 Community Fund Thrive Approach COPE 749 16,252 10,000 1,422 3,333 143,680 1,673 2,416 1,095 3,333 52,486 59,756 177,635 26,685 Fund namg CFFC111 CFFC121 City of Bradford MDC {11 Purpos9 of restriction Towards Brew Calderdale and the Cope project For the Try High holiday club For the Peer Support project For the delivery of the Brew project across Bradford. Unreslricled funds were used to support this project which is reflected in the transfer figure. Towards the Brew C8lderdale project For the Cope project providing group bereavement support for 12-17 year olds For Thrive holiday club activities and food for children accessing free school meals For 1-2-1 support and group sessions around mental health and wellbeing Brew Bradford CFFC131 Co-op Foundation City of Bradford MDC {21 Community Fund Thrive Approach COPE For 8 group and 1-2-1 initiative lo support the Brew Bradford project For the Cope project providing a bereavement support programme for young people 14
Invictus Wellbeing Foundation CIO Notes to the accounts continued for the year ended 31 March 2024 6 Debtors and prepayments 2024 2023 Debtors Prepayments Other debtors 21,513 5,489 764 27,766 13,679 12,809 26,488 7 Cash at bank and in hand 2024 2023 Cash at bank Cash in hand 45,853 103 140,437 97 45,956 140,534 8 Creditors and accruals 2024 2023 Creditors Accruals Deferred income (see note below for analysis) 3,846 810 904 5,560 3,003 768 3,771 Deferred income Deferred to next year Released from18St Golf day income 904 Itom name Reason for defeal This is for income re¢eived in advan for the charity golf day held in April 2024. This event was cancelled in the current financial year, with supporters allowing us lo keep the funds on the understanding that they will be used for the next golf day. Golf day income 15
Invictus Wellbeing Foundation CIO Notes to the accounts continued for the year ended 31 March 2024 9 Related party transactions Trustee expenses No Iruslee received any expenses during this year or the previous year. Trustee remuneration and benefits No Iruslee received any remuneration or benefit during this or the previous year. Payments and bonefits received by key management personnel The total benefits received by key management personnel were £37,083 (previous year.. £31,124). other transactlons wlth trustees or related partles 2024 2023 Name of trustee or related party Relationship to Charity Description of transaction Director of Brosnans Chartered Accountants who provide payroll setvices lo the charity Director of PIB Insurance Brokers who provide combined insurance lo the charity Director of Dean Clough Ltd who supply office rental and services to the charity Adam Brosnan Trustee 836 Mark Pearson Trustee 1,331 918 Jeremy Hall Trustee 25,040 16,373 26,371 18,127 10 Operating leases Expected future minimum lease payments over the remaining life of the 2024 2023 Within one year In the second to fifth years inclusive 24,520 16,223 40,743 30,706 55,328 86,034 16
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 2024 2024 2023 2024 2023 Unrestricted Unreslrieted Reslricled Reslricled funds funds funds funds 2024 Total funds 2023 Total funds Income Donations Charitsble activities Fundraising Total income 60,974 346,059 9,682 416,715 17,714 312,120 2,561 332,395 60,974 17,714 489,739 459,892 9,682 2,561 147,772 560,395 480,167 143,680 147,772 143,680 Expenditure Charitable activities Total expenditure Net Income I lexpendlturel Transfers between funds Net movement in funds 477,849 477,849 {61,134} 26,685 {87,819} 285,357 285,357 47,038 177,635 177,635 133,9551 26,685 (7.2701 119,100 655,484 404,457 119,100 655,484 404,457 28,672 195,0891 75,710 47,038 28,672 195,0891 75,710 Fund balances brought fonmard Fund balances carried foThvard 103,495 15,676 56,457 103,495 59,756 52,486 31,084 59,756 163,251 68,162 87,541 163,251 17