MOVE THE MIND FOUNDATION CIO FINANCIAL STATEMENTS FOR THE YEAR ENDED 31st DECEMBER 2023 Charity Number 1197860
MOVE THE MIND FOUNDATION CIO FINANCIAL STATEMENTS YEAR ENDED 31 DECEMBER 2023 CONTENTS PAGE Legal and Administrative Infom)ation Trustees, Annual Report Independent Examtner's Report Receipts and Payments Accounts Statement of Assets and Liabilrties Notes to the Financial Ststements 10
MOVE THE MIND FOUNDATION CIO REFERENCE AND ADMINISTRATIVE INFORMATION YEAR ENDED 31 DECEMBER 2023 Status Move the Mind Foundation is a Charitable Incorporated organisatn and has been granted charitable status by the ChaTTty Commission wistralK)n nurnr 1197860. Trustees Colonel Peebles Amy Alsop Josephine Ahmed Stuart Smith Raymond Smith Reglstered Address 55 Park Road Bath BA13EE Bankers The Cfroperative Bank PO Box 250 Skelmersdale WN86 Independent Examiner Joshua Kingston 8S¢, ACA Burton Sweet Limited The Clock Tower S Farleyh Court Old Weston Road Flax Bourton Bristol 8S48 1 UR
MOVE THE MIND FOUNDATION CIO TRUSTEES ANNUAL REPORT YEAR ENDED 31 DECEMBER 2023 The trustees preseftt their report and unaudrted financral statements for the year ended 31 December 2023. structure, Governance and Management Move the Mind Foundatv)n CIO is a eharitsble w)corporated organisation register&J with the charity commission on 10 February 2022 and govemed by its constitution whose only votsng members are ils charity trustees. The Board of Trustees has five members as required by the Constitution. Trustees are recruited through personal and profes&onal connections when there is a vacancy on the Committee. Candidates are infomially assess&J by Nicole Gillard, Founder, and the Board before being nominated and appointed by vote at the Charity's AGM in accordan with Section 10 of the Constitutn. Apart from the first Charity trustees. every trustee musl be appointed for a temi of three years by a resolution passed at a properly convengj meeting of th8 chanty trustees. In sdecting individuals for apw'ntrnent as charity trustees, the charity trustees must hav8 regard lo the $kills, knowlèjge and experience needed for Ihe effective adminislratK)n of the cio. Objectives The ¢harily s objective is to rel8 r*eds of children & yourKJ peop wrth disabilities. autism, ADHD, neurological conditions. anxiety, and other mental health conditions in South West England and the yjrrounding 8re8s by providing animal assisted therapy and equine therapy including riding and sensory work wth horses. Publlc benefit In shaping the obpctives for the yoar and planning activrties. the tnJs188s have considered the Charity Commission's guidance on public benefit. including the gUanCe'Pub1lC benefrt., runnlng a charty {P82}'.
MOVE THE MIND FOUNDATION CIO TRUSTEES ANNUAL REPORT YEAR ENDED 31 DECEMBER 2023 £8.432 for veterinary Servi provided by Garstons Veterinary Group and Penn equine £15,688 for utilities, serwces and fami supplies whth include water. electricity, telephone bills and council charges induding planning applicatsons.. as well as essential purchases maintenance. fixiure5 and fiiting$, fencing material induding dectric fencing and batter. £11,651 in maintenan, fuel and loan repayment costs for the horse trailer and farm vehicle owned by Move the Mind. £12,271 in insurance and propertylIns1n9 costs. induding skip and toilet hire During the financial year of 2023 the charity employed 2 fijll time staff members, 1 part time and 10 volunteers. Staff salaries cost £37.266 in total during this period. Volunteers f1ve per diem allowance to cover costs of transport. cknthwig and other expense5 inrred. Total volunteer costs for 2023 V•we £4,004. Training costs for 2023 lotaled £4.479 Thisfigure includes all staff and horse training. includi bringing outsKle Iraineis in for our'Emergency Fir51 aid with equestrian course, and all other training for the team which includes Children Safeguarding. Adult Safeguarding, obtaining DBS checks, Rupert Isaacson's 'Training the How Boy Horse, course and other vital online training courses. This figures also includes training of the horses, taking the horses out to train and any instruction required for the horses lo enable them to work with the children and young peop. Move the Mind had to say a sad farewell due lo ill-heallh lo Dream, one of the longest serving therapy ponies in the herd. A ieplacemenl pony has been introdutyl lo the fami on long-temi loan and has settled in well. FSnan¢lal revlow On the 3111 Oecember 2023 the end of accounts tsalan was £48.343. £35,1XJO ot this was monie$ raised towards the stable buikl of which £I0,OIXJ is represenled as restricted fvnds al the year end. Reserves The Charity aims to hold months of expenditure as reserves in th& Charity account al 811 times. The firbancial position of Ihe Charity at 31M December 2023 was stable with £48,343 held in cash fun(Js on deposit. Liabilities lotaled £17,728 which induded £1.920 of accruals and £15,808 of 8 bank loan. This loan is repaKI monthly at £374.27 and has been in pigce since PAove the Mind was a CIC.
MOVE THE MIND FOUNDATION CIO TRUSTEES ANNUAL REPORT YEAR ENDED 31 DECEMBER 2023 Statement of trustees. responsibllities The trustees are sponsible for keeping suffic*nt accounting records that disclose with reasonable a¢¢uracy at any time the financial position of the charity and enablelhem to ensure that ltte financial statements comply with the Chartties Act 2011, the Chanty (Accounts and Reports} Regulations 2008 and the provisions of the tNst deedlconstltution. They are also responsible for safeguarding the assets of the chanty and hen for tsking reasonable steps for the prevention and detection of fraud and other irregularities. Signed on behaK ofthe charity's trustees on............ Raymond Smith Truslee
MOVE THE MIND FOUNDATION CIO INDEPENDENT EXAMINER'S REPORT YEAR ENDED 31 DECEMBER 2023 Independent examlner's report to the tTUSte8s of Move the Mlnd Foundatlon CIO I report to the trustees on my examination of the accounts of Move the MiThl FouThJation CIO (the Charity) for the year ended 31 December 2023. Responglbllltl•s and basls of report As the charity trustees of the Chanty you are responsible for the preparation of the a¢UnIS in a¢¢ordance with the requirements of Ihe Charibes Act 2011 {'the Act'}. I report in respect of my examination of the Charity's accounts carTied out ufyjer section 145 of the 2011 Act and in carying out my examinatYJn I have followed 811 the applicab Directions given by the Charity Commission urKler section 145(5)Ibl of the A. Independent examlnor'8 slatwnonl I have completed my examinab'on. l ¢onfimi that no material matters have come lo my attention in conrrttion wrlh the examination gNing me cause to bolleve that in any material respect.. accountirwJ records nol kepl in resped of the Charity as required by section 130 of the Act.. or the accounts do not accord with those records: or the accounts do not Comply wth the applicable requirements conceming the foTh and content of accounts sel out in the Chanties (Accounts and Reports) Regulations 2008 other than any requirement that the a¢¢ounts give a 'true and fair ¥1 which is not a matter considered as part of an independent examination. I have no n¢rn$ and have come across no other matters connection with the examination to which attention should be drawn in this report in orderto enab a proper understsndlng of the accounts to be reached. Josh Klngston ACA Burton Sweet Limrted The Clock Tower 5 FadevJh Court Old Weston Road Flax Bourton Bristol 8S48 1UR Date.. 28 October 2024
MOVE THE MIND FOUNDATION CIO RECEIPTS AND PAYMENTS ACCOUNT PERIOD ENDED 31 DECEMBER 2023 Year Ended 31iJee 2023 Period Ended 31-Dec 2022 Unmtrkted Restrlctgd Funds Funds R•c8lpts Donation from Move the Mind CIC Income from therapy se56n8 Grants DonatnS Fundraising- 98rated fmm events 2.661 92,758 31,396 128.519 128,519 6,500 25,318 2,013 6.5fyJ 10,CKXI 1S.318 2.013 Totsl rn¢•lpts 145,850 16,500 162,350 126,815 Paym•ntB Rent Propety costs Animgr foedl suppliethedicat LSvestock Veterinary costs Ulililies 8nd fam $uppl Car and Irailer eosls Stsff and volunte¥r ¢o$ts Capital purchases 10.523 12.271 4.605 728 8.432 15.688 11.651 39.770 16.186 10,523 12,271 9,605 728 8,432 15,688 11,651 41,270 16,166 10.004 10,996 9,933 5,148 7,165 11,833 6,977 25,471 26,983 Total payments 119,834 8,SLX) 128,334 114,486 N•t r•Colp{payMèn1sI 26.016 10,f 36,018 12,327 Transfers beon fundB Cash funds as at slart ol year 12.327 12,327 Cash lunds as •t th• ènd of y•ar 38,343 10,000 48,343 12,327
MOVE THE MIND FOUNDATION CIO STATEMENT OF ASSETS AND LIA81LmES AT 31 DECEMBER 2023 2023 2022 Fixed a$ts•ts Propeity, plant and equipment 71,574 71,574 75,379 75,379 C4$h Re8erve8 Cash at bk 48,343 12,327 Liabilltl¢s Accountsn¢y 8¢¢rual 88nk loan 1,920 792 20 748 21,540 17,728 Fund• Ra8•P488 Brought forward Net re¢eiptWlpaymntsl fof the year Carried forward 12,327 ,016 46.343 12,327 12,327 Signod on behaff of the trusitts on ............ Raymond Smith Trustee
MOVE THE MIND FOUNDATION CIO NOTES TO THE FINANCIAL STATEMEPfft8 PERIOD ENDED 31 DECEMBER 2023 1 Accounting polF¢ios Tanglble flxed ossets Fixed assets are hekl at cost less accumulated deprec1. Assets rmtir4J less than £1.000 are Trol c4pitalised. Depreci8b'on 1$ cakuLgted so as to vmte off the cost ol an asset, s5 its estimated ujtimate resxlual value, over the usefullrfg of that asset as fdbws.. Land, buikling8 & buitding irylo[W Motor vehicl•s - over 10 ye8ts". straght line - ow 10 yegrs.. $traryht liie 2 t)onatbon of •880ts and Ilablllll On 10 February 2022. tha directors of MO tho 'nd FoundatiM CIC Icryny regislratK)n nLmber.' 108497931 moved the trade and a¥sets of CIC into the n¢wty constituted CIO. Th• irnoact of ev•nt has be8D that Move tho Mind Foundatv)n CIO was donated an agreed Sum of £2,661 of the ¢a6h in hand and on d8posit Ih8t date. The c8rrying v8lu88 ol the assets and funds Iran8fened 7A*re." Net A88•ts: Cash in hand and on deFosit 2.861 Fund8'. Unrestrtted general fund8 2,861 3 Movem•nt In fund• AtlJan 2023 At 31 D•c 2023 Incom• Exp•ndttur• Tr•rffjf•r8 R1Cted fund• Som•rset Ftsr¥J Somersol Council Festival Me(li¢¥l S¥Thices 15,OCQI {1.5001 1,500 10.000 10,000 16.5(Kl 16,5CQI Unrestrlctsd funds Gener81 funds Designated fund8 Stable build 12.327 145.850 {119,8341 125.0001 13.343 12.327 145.850 1119.8341 38,343 Totsl funds 12.327 162.39) 1126,334 48,343 8omgts•t Community Fund This fund respr•sent a grani from SoThrset Crnnty Fund trmarfs Stab bthk. Somerset Counc51 This fund represent$ a grant fr(Nn Smtset Couwl Sess ddrrfery. 10
MOVE THE MlhlD FOUNDATION CIO NOTES TO THE FINANCIAL STATEMENTS PERIOD ENDED 31 DECEMBER 2023 3 Mov•ment in funds {¢ontlnuedl F•stival Medlcal S•rvl¢•s This fund represents a gfant from Fèstival medi Sgr¥ices towards costs of the stsble buiw. Stabl• bulld Stable build represents funds sel as¥Je by the charity t01$ fulure costs of bUdIng a stab. As the year end there Is a total of £35.000 {including £10.OCKI per the restr*l fund) set aside for thb5 proiecL 4 R•141•d party trns•ctions During the year the chartty pakl renl amunting £10,52312022= £10,004} lo Nicole Gillard (Foundgrl and Malhew Gillard vtho own the sile where th8 charrty oporales. As the yoaT end no balances where owed by the charity.