welope ID. OD1AF530-D6AF490E-A69E-1f4FOD3E2A4A Chaiity registrats'on number 276108 Company registraty'on number 01336352 (England an¢ Wak8sl SHEFFIELD MIND LIMITED ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDEO 31 MARCH 2024
Docusign Envelope ID". OD1AF530-D6AF490E-A69E-1F4F003E2A4A SHEFFIELD MIND LIMITED LEGAL AND ADMINISTRATIVE INFORMATION Tru¥tees Mrs S M Bancroft Mr l Burn811 Mr J Colley Mr T Cruick8hank Mr B Gianey Mr C Hurley Miss I Parker (Appgintèd 15 April 20241 S•cretary Mrs M Lewis Charity number 276108 Company numbèr 01336352 Registered office The Wellbeing Centre 110 Sharrow Lané Sheffield S118AL Auditor Knowles Warwick Audit Services Limited Charfotte House 500 Charlotte Road Sheffield S2 4ER Bankers CAF Bank Ltd 25 Kings Hill Avenue West Mallirig Kent ME19 4JQ
Dowsign Env8lope10.' ODIAF530-DW490E-A69E-1F4F003E2A4A SHEFFIELD MIND LIMITED CONTENTS Pag• Trustees, report Stslement of tiustees, responsibilities Independent auditors retX)rt 12-14 Statement of financial a¢ty'vib'es Balance shoét 16 Statemènt of cash Ilows Notes to the financial statements 18-35
Docu&gn Envelope IO.. OD1AF530-OW490E-A69E-IF4F003E2A4A
SHEFFIELD MIND LIMITED
TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT)
FOR THE YEAR ENDED 31 MARCH 2024
The trustees present their annual reporl and financial statements for the year erided 31 March 2024.
CHAIR'S REPORT:
begtr•lry totse1lh8s8 ofswty noèd8d top fcrfwd anth t8th1&vhwoxUnues bbo &cPdrying
tnè.'Fffiaknnl peJsP8cW". thefirst ty. al truEle6slhBttn Ihe th9ol$0b 5UII
on hrrJthU9- as eb•r. been B8mftonto the toardto&J(F hÉr
we¥th ofOXPBrfsé8fid expan. l thankfdtrw ftWDber5 len kndl. John ey, Tim CAH¢k8h9th. lrncw Pwkwand
Ciar8n Hultytsthotr COrnuEd path 8nd ugw8i#Jrachiweour8lff.
an tH$b¢ 3 y8orsstspg¢pbn-airn•J greatth8W dertakEn. whI8tvlunn9
into new prqectsthalvAII IjDktohIh kn rWd
nocu5iw Envelope ID". QD1AF530.D6AF490E.A69E-IF4FOD3E2A4A SHEFFIELD MIND LIMITED TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2024 CEO REPORT: In April 2023. M Ihad GAPS website. TIw5 16 a lartath FW 98rrtJlThJ awareness r88ource forJouThJ rxoFAe in the dty- and Ihose w) wpport them. The Same as Ihe Lqunth, we werg wsrted by wrin-K, at Ihat time LabrJrf8 thadow mln18tertrm9rt he8th. DrAthTrl(h8n law to swvir usery $18ff atoul issugs pw)pf• with merrfal health n89tk In oty. In May. %% held rLs1 Us. art ethtOn, 81 Ihg Centrol LIWY. Fun( ty Ihg IC8. ThL81g U8 W8S 8 Shefflde ccrfnrThJnty art prc. ewortng 0XpWF ofmentsl health ¥ervKe8. Using 8 0> duction nKrfl&l, Shèffiokl th.r ptheTwJ with a dNeTre range ofc£¥nrT¥Jntygroups io galher iTrJvidud 8lorie and marty oflh? p8rtic4pants atten laun¢th evon( ch was &Tell by ITV cal819rN We were wlty pleased this yearto W'n rrm dOSetyIh the olher Sothh yorkshi local Mlnd8. Tcwherwth c4JHeagu8s at Rothetham & 8amsW Mind 8fL(I CnLxer MiTrJ. we began d81ivwbro Supportod Sall Help. a &w8èk guidBd progfdmm8, oknng suppyi for i8SU8s raruThJ from kneiln8SS to the mencyaw. AnoW&¥ new irti8bve was our I[ New Bw'nThng5 CXAWSg. Th1818 0 2-y88r proj1. furh11 by Sheffjetd Mirkl and thiven by ourcommrtmenl to inupase Ihe sV uservoice. The rjjufse suppjts pee with men tr#h issugs to 981 Into votkmle¢ring by kK)kF'ng arKI thv4-tdÈrnj. We also started wtrk#ig Foottll Unlles, Radsm Div#J8s {FURDI. whare attend frN)tball sorn, to la to the young rnen and about mwtsl hèlh. FURD Is a wam) •¥J owisation 8n(l t(k fowdrd lo the rdationshty) developitVJ. 2023 818() saw Ihe expansion ol thethwg urtsJert8ke. as pwt ol lh9 Priw & commuiTrtyTran8fots0n Pr¢yJrammp (the trwBformatiC ofmental heath seThtcss in iityl. Werg really pleas&1 to now bg a Peer Support Ccordknatorand 2 Pe8f &pport Worke #) th a5 part ofa MUlb41plty team. 5upputing pl8 wlth SevÉfg Mental Illness. in (xmrThJrths. 223 akn saw Ihe rebjm ofone ofsJN lavjrite ftffidrd$, Cbth8s SMp. We love kn 8ee ourW8ltslng Centre bgirKJ uM89d In the evening8 8nd Clolh8s Swap i8 a paitiDJlarfy event whic atlT8cts slaff. S8rvice users and mgmiHs ofthe publc in seath ofa barpn In addibon. Sheffield H(yJsing Company prc¥Juc8d a VKJnderful ca19ndor fn 81d ofshrtd Tr, filled photos clour city. tsken by mambers ol the pulAc. ThLs p¥tNed to be 8 Wt al Christmas. Finalty. as Over. I need tothank our dedicated stsff and vc4unteers, aN our servic4 us8rs. owfvnders. swrte and our board of In9•s. wh) au 80 hard. to &vease 018nd to merrtal hèamh servic In shed. . Maryaret Lewi CEO. Slwlfi•ld lknd
DOUJSn Erwek)pe10." OD1AF530-06AF490E-A69E-1F4F003E2MA SHEFFIELD MIND LIMITED TRUSTEES. REPORT (INCLUDING DIRECTORS. REPORT) {CONTINUED} FOR THE YEAR ENDED 31 MARCH 2024 As a chaiity. fundraLsing is essential to sustslrng deveknping our seMC8S. We arg (mitted to a transpBrent and elhlcal approach to all our fuThJrai5ir0J activty and h8ve ¥ cthle ofcoF]ductwhith howwe w(xk. IIAT IIE DO: Selvpass on su o any other organisation or tmjy lists of olhÈr ¢hJtrs' . ganISe evtsnts. raffles, street lltiCS and stslls, Encourage aThJ supyxt groups and indmduals to bjndralsè in aid of our wc Saek philanlhroFC SUPPOrt from maj Its$. trusts and foundab.ons Invita thnations via our STe web%te, othef giving plattcfftis aThJ collection tx)xes. Sell a small rarKJè of Nrth#ndise Use extemal agencies cff comrrr(ial partiopators to furKbaise w wr ithalf Engage in street orc4)0r fvndraising., nor > mthe unsolicrt&1 caNs lo swmters ' and make every effort to onsur6 Ihai (yjr fundraising rverfeels urYeasonaNy inlnjsive. iKrt %xL6es on helpiro lo gel Involv1, to do sornelhing rM)silive arKJ cetetrtes iThJividua5 and gfOUP 8d)w8ML HIGHLIGHTS 2023-24: The lasl couple ol years have been thallenging f¢ everycne and we have been touched by the generosty of Ihe k)¢&l public and business community. who have ¢(M)tinued to suppcrft us and to do so in such wb.ve and imaginative ways. Income from fundraising conbnues to PfoMd8 vilal resources, allowin9 us io maintain èssential servic£s. SLth as our Here 4 You phone line and peer supFx)rt group services. In addOn. posttive engagement with the Iwal ccmmunity albws us to increasè awarèness ol our servr£s. Ihus ensuring that people r*ding suppcrt. know where to OTh. A5 an organisats'on we are develLpirvJ a more strategic appwch to Sustainab income generatvjn and as aaYs, will be looking to idenl'fy new OPFthunities for funding and to devdop partnerships and eommor081 KY(Klucts lo hejp IJS bully a solid and sustainable tuture for the Organisatic. We would like to thank all our supporters for their oenwosty and hard wtyk and we hope to work with èven more in the coming year.
Docuslgn Envelope ID. oD1AF53O-D6AF4)E-As9E-lF4FODaE2A4A SHEFFIELD MIND LIMITED TRUSTEES, REPORT {INCLUDING DIRECTORS. REPORTI {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Corporate We fantssoc suprortlrom cLpaN again trys year. Staff al Beavethooks grfted us ds frcffn Beavethook Foundotion, staff . trn Prlcthck Qfg8ntsÉd a fve a s*Je footie tO[rnar and thal bJssbcs cc¥npany, 512. mad8 it a lanily affair. cwgantsaiNJ a larnity hjn ay wilh 8Ctth'ti8s and events desyned to 9onoTrle luTrYs. True North 8w 8TrJ AthydaSe thrvrt th8ir support behind Iha s Haw Pint Math0n, general'ng fvnd5fr(wn Ihe sa$ of specjally bre%%td ales aTrJ The Shefvld Fk)usng C¢mpany dated I (8 from saS ofa ¢d&ThJar fèaturing al larKlm8rks Community studgnts trn tth the UnNersity of Sheffield and Sheffieky Hallam continué to support us with a number ol soaeks. induding the Duck soty. Bake kn and Ladie5 Cricket Soaety selecting Sheffield Mind as their Charity of the Year. . Regular supwrter Fl¢hard Bamet used his talents as a tographer to create a'His arKI Hers. . calendar vthich he sold to rais6 funds, b%l)ilst l(Kal Iisic enthusiasts Factor 50. ijsed Iheir DJ o)ntacts o organise a fundrai&ro rave. Loeal bands dMJ bil. we had the very first pèa in Mind festival ear in lh8 year. whilst Feral and fellow music enthtJsi&sts Hexe. Cabrons and Bantha wt cv) a rock nyhl. Trusts and Grants We are gral8DJl forevery ponny wc4Jkl Ilke btharA(8voryono t1 has gven theirlm8, us 5kiU5 dcfie what thay io sup5 the we do. - IIIDSAY DOYiE-PRICE. BUSIMESS DEVELOPMENT IIINAGEft.
Docusign Envelope ID.. 0D1AF53O-D6AF4E-A69E-lF4F0D3E24A SHEFFIELD MIND LIMITED TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Sheffield GouwsELLING AND THERAP. PEER SUPPORT THROUGH THE CLOUDS CREATIVE MINDS THIS IS US GENERAL COUNSELUNG REVIVE SPAINLISHSC SPAINGBOAAD RAINBOH MINDS • MANKIND NEM BEGINNIMGS FRIENDLY FRIDAYS INFOBMATION 8ERvicEs. NEMTAL IULTh PARTNERSHP IIEWRK . IIEAlTh oufcoMES . GET MANAGEME . coMMuHThY COMNECTIONS AMGER MANAGEN PEER SLPPORT NENORK SUPPOHT£D SUF HERE4U COFFEE MORIIING GAMBLIMG • A AHARENESS IIAGPIES PIIOJECT
Oocu$YJn Envelope ID.. OD1AF530-D6AF490E-A69E-1F4FOD3E2A4A SHEFFIELD MIND LIMITED TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 SEllVlCt= MUNIEA OF CLIENTS.. AEAnvE #INDS: 158 FOAIIOMEII SPAISHSC: SWPOAThGPEOPLf HAMGF STiiufoitYIMTER¥IMIIOII 32 COMMUMTY CONNECTOAS: SUPPOlmMGPEOPLElmSEVtRE mE#TIl*$S WI TIIE4 CommiE$ 136 REVIVE.. piwiItCQlJMSEUIIG HERE 4 U: L151ENIIGLIIE FORIOMELY AWI r40UmlPEQKt 56 MAGHES.. 5UPPQRTfQRPEOPtE blKPSTr¥GqLt YNHOIIDWG 49 IUDGET MANAGEMENT.. LPIIGPEOPLE WKOAAE ttIAECEIPTOF ASELFThRtCTEOSiIPPQRTIiIIGET 214 SAFE SPACES: DOMESIK A•USE£oUNStIlG 41
Do¢u$ign En¥elope10." ODIAF530IhAF490E-A69E.1F4FOD3EZA4A SHEFFIELD MIND LIMITED TRUSTEES, REPORT (INCLUDING DIRECTORS, REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 SEAVICE: JIIIER OF CLIENTS: GAPS: GAM•LIAMAftEMESS PIOJECI. MO4IINGiiiniy¢iMpEOPLEIGED 1186 ANGER MANIGEMEIIT: ew-QNLY AIIPWIIEII-QIILYGRI)UPS 138 GENERII COUNSELLING: IPLICOiMI$¢LtIMGI¥IILIIiETO PEON£ AG£ttnlllDOVt* 132 IHROUGH THE CIOUD5: ItAglV£MENICtyJIISELIING FOR ItyJLtsAM>CWLJAEM 126 IIEALlli OUTCOMES 878 SPRINGBOIRO- 51 COFFEE MORNIMG- 57 FRIEIIDLY FRIDAY- 25 PEER SiwIPORT GROUPS:
Docusign Envek)pe ID. OD1AF53fyD6AF49)E-A69E-1F4FOt)3E2A4A SHEFFIELD MIND LIMITED TRUSTEES, REPORT {INCLUDING DIRECTORS, REPORT) {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 EfHNICITY DATk. 14III•HfflSHISII# ILrfKIOLACKBHm5HIIARIBIEaMQAAFPICIN blHITE OWkW(GWUP •hIU)EnN GWI F•ziegiirTTQSAY A%ANIlAIIN14Sx NKMOI#J 19.9¥ PAEFERNOTIOW OA D£TrNCGr#)up" OMI£THWCGAtyJP bThlTE 59.1 GENDER IDENTITY: FEMAtÈ 11 MILt IJNKM4lIt¢ UNKNOIIM OThEAGINDIAlOtMin¥ FEMALE 5*.1
Docusign Envelope ID." OD1AF53M6AF490E-A69E-1F4FQ03E2A4A SHEFFIELD MIND LIMITED TRUSTEES, REPORT (INCLUDING DIRECTORS. REPORT} (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Finan¢io1 review Overall Income in the year totals £1,075.231 this is decrease of 50/0 on the previous year. This drop is due to multi year grants ending in the period. Expenditure has increased significantly to £1,064,850, this 15 a 25.4tsA increase on the previous year. The Increased Is due to additional staff members being employed in the year. The reduction in income and increase in expendlture h35 led to Nel income reducing from a surplus for the penod ended 31 Mardi 2023 of £283.673 to a 5urplu5 of £10.381. The chanly left the SYPA defined benefit pension scheme sn the period. The balanTr of the deffined benefrt pension at the time of leaving the scheme has been recogni5ed a5 £364.000. Cash ie5erves remain healthy at £1,929,(8 which is suffKi&nt lo cover both restrscted and designated funds. The financial statements have been prepared in accordance with the accounting policie5 set out In note 1 to the financial statements and comply with the charity's governing document. the Companies Act 2006 and"A¢counting and Reporting by Charities. Statement of Recommended Practice applicable lo charities preparing their accounts i accordance with the Finanaal Reporting Standard applicable In the UK and Republic of Ireland IFRS 1021. leffeclive 1 January 20191. ReseNes policy It is the policy ol the charity that unrestricted funds which have not been designated for a specific use should be rnaintained at a level equivalent lo between thrèè and six month's expenditure. The trustees consider that reserves at this level will ensure that, in the event of a 51gnificanl drop in fvnding. they will be able to continue the charity's cijrrenl activities while consideratloll 15 given to ways in which additional ltsnds may be raised. This level of reserves has been maintained throughout the year. StNcturn, gov•rnance and management The charity is a company limited by guarantee. The trustees, who arè also the directors for the purpose ol company law, and who served during the year and up to the date of signatuie of the financial Statements were.. Mr8 S M Bancroft Mr18urnèll Mr J Colley Mr T Cruickshank Mr B Graney Mr C Hudey Miss I Parker Recruitment and appointment of tmste8S None of the Iiuslees has any beneficial interest in the company. All of the trustees are members ol the company and guarantee to contribute £1 in Ihe evènt of a winding up. (Appointed 15 April 20241 The company's curient policy con¢erning the payment ol trade creditors is to lollow the CBI'S Prompt P8yers Code Icopies are available from the C81. Centre Point, 103 New Oxford Stre6t, London WC1A 1 DUI. The company's current policy concerning the payment ol trade cieditors is to.. settle the terms of payment with suppliers when agreeing the lemis of each tran5aclion'. ensure that suppliers are made aware ol the term5 of payment by indusion of the relevant terms in contracts., and pay in accordance with the companys conlraclual and other legal obligations. Trade ciedittsrs of the company at the year end were equivalent lo 38 day's purch8ses. based on the average daily amount invojced by suppliers during the year.
Docus En¥lope ID OD1AF530-D6AF490E-A6-1F4FOD2E2A4A SHEFFIELD MIND LIMITED TRUSTEES, REPORT {INCLUDING DIRECTORS. REPORT) (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Auditor In accordance with the company's articles. a resolution proposing that Knowle5 Wamick Audit Services Limited be reappointed a5 auditor of the company will be put at a General Meeting. The trustees, rèport was approved by the Board ol Trustees. ss2rF4¢7 raney Trust&e Date.. 10
DocU9n EnveltspÈ ID. 0DlF53Q-D6AF49oE-A6gE-lF4FOD3E2A4A SHEFFIELD MIND LIMITED STATEMENT OF TRUSTEES, RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2024 The truste8s, who are a150 the directors ol Sheffield Mind rnited for the purpose of company law, are responSie for preparing the Trustees, Report and Ihe financial statements in accordance with applicable law and United Kingdotn Accounting Standards {United Kingdom Generally Auepted Accounting Practice). Company Law requires the trustees to prepare financial statements fof each ffinancial year whKh give a true and fair view ol the state of affairs of the charity and of the Incoming iesouices and application ol resources, Induding the income and expendituie. ol the charitable company for th8t year. In preparing these financial statements, the trusteès are required to. select suitable accounting policies and then appty thern consistently, obsetve the methods and principles in the Charities SORP., make judgements and 8stimates that are reasonable and ptudènt", stale whèther applicable UK Accounting Standards have been followed. subject to any material departures disd05ed and explained in the financial statements", and prepare the financial statements on the going concern basts unless it is inappropriate to presume that the charity will continue in operation. The trustees are responsible for keeping adequate accounting records that disclose wth reasonable accuracy at any time the financial position of the charity 8nd enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the a55ets of the charity and hence lor taking reasonable steps ftsr the prevention and detection of fraud and other irregularities.
Docusign EnwelopÈ ID OD1AF530-D6AF49)E-A69E-1F4FOD3E2A4A SHEFFIELD MIND LIMITED INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF SHEFFIELD MIND LIMITED Opinion We have audifed the financial slalements of Sheffield Mind Limited (the 'charity'l lor the year ended 31 March 2024 which comprise the slalement of firianci81 activities. the balance sheet, the statem8nl of e85h flow$ and notes to the finanaal statements, including significant accounting policies. The financial reporting framework that has been applied in their pi8paralion is applicable law and United Kingdotn A¢counling Standards. induding Finanaal Reporting Standard 102 The Financial Reporting Standafd applicabl8 in Ihe UK and Republic of Ireland (United Kingdom Generally Accepted Accountrng Practrcel. In our opinitsn, the financial 5taternenls'. give a true and fair view of the state of th6 charitable cornpany's affairs as at 31 March 2024 and of incoming resources and application of resources. for the year then ended., have been properly prepared in accordance with United Kingdom Generalty Accepted Accounting Practice.. and have bèen prepad in accordance with the requirements of the Companies Act 2006. Basis for opinion We conducted our audit in accordance with International Standards on Auditing IUKI IISAS ILIKII and applicable law. Our responsibilities under those standards are further described in the Atiditors SpOnsIbl1e5 forlhe audit of Ihe financial statements section of our report. We are iridependent of the charrty in accordance with the ethical requirements that are relevant to our audit of the Iinancial ststements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirement5. We believe Ihal the audit evidence we havè obtained is sufficient and appropriate to provide a basis for our opinion. Concluslons r•lating to going ¢on¢ern In auditing the financial statements, we have concluded that the Iruslees, use of the going concern basi5 of accounting in the preparation ol thè financial statements is appropriate. Based on the work we have performed. we have not identified any matenal vncertaintiès relating to events or conditions that, indwidvally or collectively. may cast significant doubt on the chaiity's ability to continue as a going concern lor È pèriod of at le8St twelve months from when the financial staternen15 are aijthorised for issue. Our responsibilities and the responsibilities of the trustees with respect lo going concern are described in thé relevant sections of this report. Other infomialton The other information comprises the information included in the annual report other than the financial statements and our audilorfs report thereon. The trustees arè responsible for the other infonnation contsined within the annual report. Our opinion on the financial 5taterntsnts does not cover the other inlomalion and we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the othèr inftsrmation is materially inconsistent with the financial statemerTr15 or our knowledge obtained in the course of the audit, or otherwse appears to be materially misstated. If we identify SLJch materi31 inconsistents85 or apparent material misstatements, we are requiied to detemine whether this gives rise to a material misstatement in the financial staternents themselves. If, based on the work we have performed. we conclude that there is a m8tefial rnisslatemenl of this other information. we are required lo report thal facl. We have nothing to report in this règard. Matters on which we are required to report by exeèptlon We have nothing to report in respect of the following matters in relation to which the Charitie8 IA¢counts and Reports) Regulations 2008 require us to report to you if, in our opinion.. the infoimatloll given in financial statements is inconsistent in any matenal résppct with the trustees, report", or sufficient accountin9 records hav8 not been kept: or the financial statements are not in agreernent with the accounting records., or we have not received all the informatlon and explanations we qUIre for our audit. 12
DocusKJn Envelope ID. OD1AF530-D6AF49)E-A69E-1F4FOD3E2A4A SHEFFIELD MIND LIMITED INDEPENDENT AUDITOR'S REPORT (CONTINUEDI TO THE TRUSTEES OF SHEFFIELD MIND LIMITED R8spon5ibilities of trustees As explained more fully in the $latement of trustees, responsibilities, the trustees. who are also the directors of the charity for the purpose oy Cornpany law, are responsible for the preparation ol the financial statements and for being sisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements. the trustees are responsible for assessing the charity's ability to continue as a going concern, disclosing, a5 applicable, mattels related to going concem and using the going conTrrn basis ol accountirTrg unless the Irijstees either intend to liquidate the charitable company 01 lo ceas¢ operations, or have no realistc alternatwe but lo do so. Auditor's responsibilities for th8 audit of the financial statements We have been appointed 8$ auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regul8tions made or having effect thereunder. Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to traud or error. and to issue an auditor's report that includes our opinion. Reasonable assurènce is a high level ol assurance bul is not a guarantèe that an audit condvcled in accordènce with ISAS IUKI will aayS dete a material misstatement whèn it exis15. Mi5Statements can arise from fraud or error and are considered material if, individually or in the aggregate. they could reasonably be expected to inftu8n¢e the economic deas(ons ol useis taken on the basis of these fin8ncial Statements. The exlenl lo which our procedures are ¢apable of detecting irregularities, including fraud, is detailed below. We assessed the susceptibility of the company's ffinancial statements to material misstatement. includin9 how fraud might occur. by., Making enquirie5 of management as to where they considered there wa5 susceptibility to fraud. their knowledge of actual. suspected and alleged fraud., and Considèring the intemal conlrols in pla lo mitigate risks of fraijd and non-compliance with laws and regulations. In response lo the risk of revenue recognition, we", Perforrned analytical procedure5 to tdenlrfy unusual transactions., and Performed detailed substantive testing ac105s all revenue streams In response to the risk of fraud through management bFas and ovemde of contro15. we.. Performed analytical procedures to identify unusual transactions", Assessed whetherjudgements and assutnptions rnade In determining the accounting estimates were indicative of potential bias., and Investigated the rationale behind significant or unusual transactions. In response to tha risk ol irT8gularities and non-compliance with laws and r&gLJlations. we desigrfed predUS which induded, bul were not limited to. Agreeing financial statement d1sd0suS to undertying supporting documentation Enquiring of management as to actual and potential litigation and claims.. and Reviewing correspondence with HMRC and other relevant parties. A further description of our responsibilities is available on the Financial Reporting Council's webslte at.. https'.11 www.frc.org.uklauditorsresponsibilities. This description forms part of our auditor's report. Use of OL¢r report This report is made solely tts the chafity's tfuslees. a5 a body. in accordance with part 4 of the Charitles (Accounts and Reportsl Regulations 2008. Our audit work has been undertaken so that we might state to the charity's trustees those matters we are required to State to them in an auditor's report and IOT no other putP05e. To the fullest extent permitted by law. we do not accept or assume responsibility to anyonè othèr thall the charity and the charity's tiustees as a body. for our audit work, tor this report, or for the opinions we h8ve formed. 13
Do¢u$lgn Envelope10." OD1AF530.D6AF490E-A69E-IF4F003E2A4A SHEFFIELD MIND LIMITED INDEPENDENT AUDITOR'S REPORT {CONTINUED) TO THE TRUSTEES OF SHEFFIELD MIND LIMITED Stsven Knowles FCA (Senior StatLrtory Auditor) for and on behalf of Knowles Watwick Audit Services Limitèd Chartered Accountants Statutory Auditor géu4th btsA&ktle House 786$Al&S 500 Charlotte Road Sheffield S2 4ER Knowles WaNick Audit Services Limited 15 eligible for appointment as auditor of the ctianly by virtue of its eligibility for appointment as auditor of a company under section 1212 of the Cornpanies Act 2006. 14
Doc19 Envelope ID.. OD1AF53fhD6AF490E-A69E-1F4F003E2A4A SHEFFIELD MIND LIMITED STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2024 Unrestricted Restrlctèd funds funds 2024 2024 Total Unrestricted Restricted funds funds 2023 2023 Tolal 2024 2023 Note$ Income from: Donations and legacies Charitable activities Other trading activits'es Investments 53,142 60,045 50.595 10,433 53.142 961.061 50,595 10,433 63,231 494,450 25,507 5,617 63,231 1,038.182 25,507 5,617 901.016 543,732 Total income 174,215 901,016 1.075,231 588,805 543,732 1,132.537 Expenditure orh.. Raising funds Charitable activities othèi expenditure 23,033 108,605 1,771 23.033 1.040,046 1,771 19,798 460,957 19.798 829,066 931,441 368.109 13 Total expenditure 133.409 931,441 1,064,850 480.755 368.109 848,864 N•t incomèllexpenditurel 40,806 130.4251 10.381 108,050 175,623 283.673 Other reco9nised gains and lo$se$'. Actuafial gainslllossesl on defjned benefit pénsion schgmes 1364,0001 1364.0001 535,000 535,000 Net movement In funds 11 1323.1941 130,4251 1353,8191 643.050 175.623 818,673 Reeoncrliation of funds.. Fund balances at 1 April 2023 1.481,680 251,491 1,733,171 838,630 75.868 914,498 Fund balan¢es at 31 March 2024 1,158.486 221,066 1,379,552 1,481,680 251.491 1,733.171 The statement of finanaal activit1é5 includes all gains and losses recognisèd in the year. All income and expendllure derive from continuing activities. 15
Do¢usiqn Envelope ID. 00IAF53W)6AF490E.A6-1F4FOD3E2A4A SHEFFIELD MIND LIMITED BALANCE SHEET AS AT 31 MARCH 2024 2024 2023 Note¥ Fixed assets Tangible assets 16 431,118 415.338 Current assets Debtor5 Cash at bank and in hand 17 46,835 1,929,068 65,829 1,940.712 1.975,9)3 2,006.541 Creditors= arnounts falling due wlthln one year 18 1.027.469 1,052,708 Net current assets 948.434 953,833 Total assets less current liablllties 1,379.552 1.369.171 Net assets excludlng pènsion Illabilityllsurplus 1,379,552 1,9,171 Oefined benèffit pension Iliabilttyllsurplus 20 364.000 The funds of th• eharity Restricled income fut)ds Unrestrcled fund5 Pension reserve 21 221.066 1.158.486 251,491 1,117.680 364.000 1,379.552 1.733.171 The company is entitled lo the exemption from the audit requirement contained in section 477 of the Companies Act 2006. for the year ended 31 March 2024, although an audit h83 been carried out under section 144 01 the Charities Act2011. The directors acknowledge their responsibilities for complying Wlth the requirernen15 of the Companies Act 2006 with 18sp8d lo accounting records and the preparats'tsn of financial $18lemenls. The members have not required the cornpany to obtain an audit ol its financial statements under the requirements of the Companies Aet 2006, foi the year in question in accordance with sectitsn 476. Thèsè fin8nci81 statements have been prepared in accord8nce with the provisions applicable to companies subjecl to the small companies regime. The financial statements were approved by the trust&e$ on .- Sn•d>y'. "82FJI35E2U8FIC?" Mr B Graney Trustee Company registration numbar 01336352 (England and Wales) 16
DO9n Envelope IO.. OD1AF530-D6AF490EA69E-1F4FOD3e2A4A SHEFFIELD MIND LIMITED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2024 2024 2023 Notes Cash Ilows from operating activitl8S Cash generated fromllabsorbed by) operations 26 14,006 1112,1181 Investing actrvities Purchase of tallgible fixèd assets Investment income received 136,083} 10.433 11,8221 2,617 N•t cash (usèd Inllgenerated from tnv•stln9 activities 125.6501 795 Net used in financing a¢VItIeS Net decrease in eash and cash equivalents 111,6441 1111,3231 Cash and cash 8quivalen15 at beginning ol year 1.940.712 2,052,035 Cash and cash equlvalents at •nd of yèar 1,929.068 1.940.712 17
Oo¢uskJn Envelope ID OD1AF530-06AF490E-A69E-1F4FOD3E244A SHEFFIELD MIND LIMITED NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024 Aceountlng policies Charity inforniation Sheffield Mtnd Limited is a private company liTntted by guarantee incorporated in England and Wale5. The registered offi is The Wellbeing Centre, 110 Sharrow Lane, Sheffield, S118AL. 1.1 Aecountlng eonv8ntion The financial slalements have been prepared in accordance with the charity's governing document, the Cornpanies Act 2006. FRS 102 "The Financial Reporting Standard applicable In the UK and Republic Of Ireland I'FRS 102.1 and the Charilies SORP"Accounting and Reporting by Charities.. Statement of Recommended Practi applicable to charities PFepafln9 their accounts in 8c¢ordance with the Financial Rèporting Standaid applicable in the UK and Republic of Ireland IFRS 1021" (effective 1 January 20191. The chaiity is a Public Benefit Enlily as defined by FRS 102. The financial statements afe piepared in sterling, which is the fvnctional Currèn of the charity. Monetary amounts in these financial staternents are rounded lo the nearest £. The financial statements have been prepared undèr the historical cost convention. modified to include Certain items at fair value. The principal accounting policies adopted are set out below. 1.2 Going concern At the lime of approving the financial statements, the trLJslees have a reasonable expectation that the charrty has adequate resources to continue in operational ex15len for the foreseeable future. Thus the trustees ontinue lo adopt the going concern basi5 of accokjnting in preparing the financial statements. 1.3 Charltable fund$ Unrestricted funds are av8ilable for use at the discretion ol the trustees in furtherance of their charitable objectives. Reslricted funds are subject lo specific ¢ondstions by donors or grantors as to how they May be used. The purposes and uses ol the restricted funds are set out in the notes to the financial statem8nts. Endowment funds are subject to specific conditions by donors that the capltal musl be m#intsined by the charity. 1.4 Income Income 1$ recognised when the charity is legally entitled to it after any performance conditions have been rnet, the amovnts can be measured reliably, and it is probable that income wtll be received. Cash donations are recognised on rec8ipt. Other donations are recognised once the chaiity has been notified ol the donation, unless performance conditions require deferral of the amount. Income tax recoverable in relation lo donations recèived under Gift Aid or deeds of covenant is COgnised at the time of the donatlOA. Legacies are recognis6d on receipt or otheie if the charity has been notiffied of an impendin9 distribution, the amount is known, and receipt Is expected If the amount is not known, the legacy 15 treated a5 a conlingent asset. 18
n¢)1g17 Erwebpe ID.. OD1AF530Q8AF49OE.A69E.1F4FOD3E2A4A SHEFFIELD MIND LIMITED NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 MARCH 2024 Aecounting poli¢ie$ (Continued) 1.5 Expendrture Expenditure is recognised once theie is a legal 01 constructive obligation to transfer economic benefrt to a third party, it is probable that a Iransfer of èconomic benefits will be required in settlement, and the amount ol the obligation can be measured reliably. Expenditure is classifi9d by activity. The costs ol each activity are made up of the lot81 ol direct costs and shared costs, including support costs involved in undertaking each aclivily. Direct costs attributable to a single activity are allocated directly to that activity. Shad c05t5 which contribute to MO than one activity and support costs which are not attributable to a single activity 8ie apportioned between those activities on a basis COTIS15tenl with the use ol resources. Central staff costs are allocated on the basis ol time sponl, and depreciation charges are allocated on the portion of the asset's use. 1.6 Tangible fixed assets Tangible fixed assets are initially measured at cost and subsequenuy rneasured at cost or valuation, nel of deprecsation arid any impaimient losses. Depreciation is recognised so a5 to wriie off the cost or ¥aluats'on of assets le5S their residual values over their useful lives on the fdlowing b8ses'. Freehold land and buildings Computer sofvare Office equipment 2 14 straight Ine 100/0 straight line 20Q/o Straight line The galn or loss arising on the disposal of an asset is deterrnined as the difference bets¥een the sale proceeds and the cairying value of the asset, and is recognised in the Statement of financial activities. 1.7 Impairment of fixed assèts Al each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those 8ssels have suffered an impairment loss. 11 any suGh indication exists. the recoverable amount of the asset is estimated in order to determine Ihe extent of the impairment 105s lif any). 1.8 Cash and cash equivalents Cash and cash equivalents indude cash in hand. deposits held al call with banks, other shtsrt-terrn liquid investments with original maturities ol three months or less. and bank overdraft5. Bank overdrafts are shown wthin borrowings in cuffant liabilib'es. 1.9 Financial Instruments The charity has elected to apply the provisions ol Section 11 '8asic Financial Instruments, and Secbon 12 'Other Financial In5trutnents Issu85' of FRS 102 to all of its finanoal instrvments. Financi81 instrumen15 are recognised in the chanty's balance sheet when the charity becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset. with the nel amounts presented in the financial statemen13, when there is a legally enforceable right to set off the recognised amounts and there is an intèntlgn to settle on a nèt basis or to realise the asset and settle the liability simultaneously. 19
DOCu9n Envelope ID.. OD1AF530-D6AF490E-A69E-1F4F003E2A4A SHEFFIELD MIND LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2024 Accounting policies Icontinuedl 8asi¢ financial ass•ts Basic financial assets. which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised c05t using the effective interest method unless the atr3ngeTnenl constilules a financing transaction, where the transaction is measured al the present value of the future receipts discounted at a market rat8 of Interest. Financial assets classified as receivable within one year are not amortised. Basic financial liabilities Basic financial liabilities. induding credilors and bank ltsans ale initlally fecogni5ed 81 transaction price unle$ the arrangement constitutes a financing transaction, where the debt instrument is measured at the present valuo ol the fvture payments discounted at a maiket rale of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequèntly carrTred al arnorttsed cost. using the effectwe interest rate method. Trade creditors afe obligab.ons to P8y for goods or services that have been acquired In th8 ordinary course of operations frotn suppliers. Amounls payable are classified as current liabilities If payment is due within one year or less. If not. they are presented as non-current liabilities. Trade creditors are recognised initially at trènsaction price and subsequently measured at amortised ¢o5t using Ihe effective interest method. Derecognltion of flnanclal 1labi1lti Financial liabilities 8re derecognised when the chaiity's contractual obligations expire or are discharged or cancelled. 1.10 Employee benefits The cost of any unused holiday entillernent is recognised in the period in which the employee's services are received. Tetrninalion benefits are recognised immediatèly as an expense when the charity is demonstrably comrnitted to tefrninate the employment of an employee or lo provide termination benefits. 1.11 Retiremènt b•n8fits The cost of providing benefits under defined benefit plans is determined separately for each plan using the pro1ted unit credit method, and is based on actuarial advice. The change in the not defined neffit liability arigng from employee seNice duftng thè ye8T 1$ ie¢ognised as an employee c05t. The cost of plan introductions, benefit changes, setUÈments and curtailments are recognised as incurred. The nel interest element is determined by multiplying the net defined benefit liability by the discount rate. taking into account any changes In the net defined benefit liability during the period as a result ol contributs'on and benefit payment5. The net interest is recognised in incomellexpendrturel for the yèar. Remeasuiemenl change5 comprise actuarial gains and lossès, the effè¢t of the a$s¢t ceiling and the return on the net defined benefit liability exduding amourFts included in net interest. These are recognised immediately in other recogni5ed gains and losses in the period In which Ihey occur and are not reclassified to incomel 18Kpenditurel in subsequent periods. Thè nèt deffined benefit pension asset or liability in the balan¢e sheet comprise5 the total for each plan of the present value of the defined benefit obligation lusing a discount rate based on high quality corporate bonds). less the fair value of plan assets out of which the obligations are to be sewed dire¢tly. Fair value is based on market price inlomiation, and in the case tsf qutsted securities is the published bid price. The value of a net pension benefit asset is limited to the amount that rnay be recovered either through reduced contributions or agreed refunds from the scheme. 20
DocusvJn Envelope ID.. OD1AF53D6AF4goE-A69-1F4F0DjE2A4A SHEFFIELD MIND LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Critical accounting estimates and judgèments In the application of the charity's accounting policies, the Iruslees are required to make judgement5. estimates and assumptions about the carrying amount of assets and liabilities that ale not readily apparent from other sources. The estimates and associated assumpbons are based on histoii¢al experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised In the period in which the estimate is Sed where the revision affects only that period. or in tte period ol the ievision and future periods where the revision affects both eurrènt and future periods. Income from donations and legacies Unrestrlcted funds 2024 Unre¥tri¢ted funds 2023 Dtsnabons and gifts 53.142 63.231 Donations and gifts Donations and memberships In memoriarn and legacies Dixon Pitchfork Charitable Trust Zachary Merton Trust Facey Family Foundation Trust The 8eavert>rook Charitable Trust The Hyman Wnstone Foundation BFR Support Forces Resettlement TnAst 37,785 3.857 1.000 2,500 5.000 2.500 500 30.417 23,814 1.000 2.000 5.000 1.000 53,142 63,231 Ineoffl• from charitable activtties Charitable Charitable a¢tivitl85 activities 2023 2024 Income from chaNtable activities 961,061 1,038,182 Analy¥i$ by fund Unrestricted fund$ Restricted funds 60,C145 901,016 494,450 543,732 961.061 1,038,182 21
Oocusun Envelope ID.. 0o1AF53Dw4WE-A6SE-lF4F0D3E2A4A SHEFFIELD MIND LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Income from other tradlng activities Unr•strlet•d Unrestricted funds funds 2024 2023 Non-char51able trading activities Fundraising events 12.111 38.484 11.976 13,531 Other tradin9 activities 50,595 25.507 22
Docuslgn Envelope ID." oD1F530.D6Af4E-Afj9E-1F4FI3E2A4A SHEFFIELD MIND LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED> FOR THE YEAR ENDED 31 MARCH 2024 Income from Charitable activities breakdown Unrestri¢ted Funds 2024 Restricted Funds 2024 Total 2024 2023 CCG Coun5elling Service Lislelling Line- Spear and Jackson KFIM Velrans Families Sprin9board- Burngreave Springboaid- Manoi IMCDTI Magpies- Reaching Ctsmrnunilies studenl Social Work Springboard- Citywide Budget Management Strategic Co-ordinator Springboard - Parsons Cross {SOAR} CCG Anger Management Community Connectors Sheffield City Counal- Safer Spaces VCSE Waitin9 List Creative Minds - National Mind Rainbow Heron SMI Healthch8cks and COVID Vacs- CCG Peer Support Isynergyl Sundry Income This Is Us Through the Clouds - CCG Wellbeing Navigators SHSC Vvailing List NHS CCG LGBTQ+ Rainbow Cafe Gambling Commi55ion- Restricted Donation Listening Line- Gripple Info Officer Cost of Living Waiting List ISPA.IEWSI SSH IR&B Mind) Anger hhanagement SYPCC 76,119 78.119 73.973 20,000 6,f62 864 2.144 97.510 864 2.144 97.510 95.901 4.300 21.996 57.411 23.382 17.500 17.500 80.045 30.022 1,512 60,045 30.022 1,512 60,000 224,495 64,600 283,717 283.717 8,432 24.528 8.432 24.528 13.659 2,102 46.000 45.276 31.484 45.276 31.484 20.641 92,1)00 38.900 64,046 27.250 6,763 74,101 77,175 61,200 8,500 6.910 74.101 19.472 16,895 6,630 28,246 2,500 77.175 61.200 8,500 6.910 74,101 19.472 16,895 28.246 60,045 920.737 980.782 1,038.182 23
DocusvJii Envetope ID.. 0D1AF53o6AF49oE-AG9E-IF4FOD3E2A4A SHEFFIELD MIND LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 Income from investments Unrestricted Unr•strietod fund5 funds 2024 2023 Interest receivable Net interest on defined benefit pension scheme 10,433 2.617 3.000 10.433 5,617 Expandlture on ralslftg fund$ Unrestricted Unre5tricied funds funds 2024 2023 Fundraising and publicity Other fundraising costs Staff costs 3,153 19.880 1,280 18.518 23,033 19,798 Expendituro on Charitable activities Charitsble activities 2024 Charitable activities 2023 Direct costs staff ¢ts5ts Chantable athvitl85 616,456 103,591 503,915 77,353 720,047 581.268 Shar• of support and ggvernance ¢osts18ee rsote 101 Support Govern8rs¢e 288,440 31.559 227.834 19,964 1,040,046 829,066 Analysis by fund Unrestricted fund5 Restricted lunds 108,605 931,441 460,957 368,109 1.040.046 829,C*6 24
Docuslgn Envekpe ID". OD1AF530.06AF490E.A69E-1F4FOD3E2A4A SHEFFIELD MIND LIMITED NOTES TO THE FINANCIAL STATEMENTS {CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2024 10 Support costs allocated to a¢tivitles 2024 2023 Staff costs Depreciation Information technology Office costs Other support costs Governance costs 200,455 18.543 16,522 33,384 19,536 31,559 143.931 16,139 18,877 39,146 9.741 19,964 319,999 247.798 Analysed been. Charitable activities 319,999 247,798 11 Nèt movement Èn funds 2024 2023 The nel movement in Iufmls is stated after chargingllcreditingl.. Fees payable for the audit of the charity's finanaal statements Depreciation of owne¢J tangible fixed assets Loss on disposal of tangible fixed assets 10,638 18,543 1,771 9.941 16,139 12 Trustees None of the trustees lor any persons connected with them) received any iemunèraliiyi Of benefits from the charity dtjring the year. 13 Other expenditure Unrèstricted Unrestricted funds funds 2024 2023 Net loss on di5pos81 of tangible fixed assets 1,771 14 Employees The average fflonthty number of employees during the year was.. 2024 Nurnr 2023 Number Total 38 25
Docusign Envek)pe ID." ODIAF530.D6AF490E.A69E-1F4F003E2A4A SHEFFIELD MIND LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUEDI FOR THE YEAR ENDED 31 MARCH 2024 14 Employ••s (Continued) Employrn8nt costs 2024 2023 Wages and Salaries Social seeunty costs Other pension costs 762,499 53.974 20,318 559.605 39.319 67,44LI 836,791 666.364 There were no employees whose annual remuneT8tion was more than £60,000. Remuneratton of key management personnel The remuneration of key management personnel was as follow5.. 2024 2023 Aggregate compensation 151.697 108,549 15 Taxation The charity is exempl from tsxalion on its activities because all its income is applied for charitable purposes. 16 Tangible fixed assets Freehold land and buildings ¢ompvter soltware Office equipment Tolal Cost At 1 April 2023 Additions Disposals 449,750 1,976 10,656 47,262 34.107 15,7401 507.668 36,083 IS.7401 Al 31 March 2024 451.726 10,658 75,629 538,011 Depreciation and impairnient At 1 April 2023 Depreciation charged in the year Elitninated in respect of disposals 52.219 9.035 4,085 1.066 36.015 8.442 13.9691 92.319 18.543 [3.9) At 31 March 2024 61,254 5.151 40,488 1[,893 Carrying amount At 31 Mai¢h 2024 390,472 5,505 35,141 431,118 At 31 March 2023 397,531 8.570 11,237 415,338 26
Docu519n Envelope ID.. aDlF53[D6FA9OE-Afj9E-lF4F0D3E2A4A SHEFFIELD MIND LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 16 Tangible fixed assets Icontinuedl 17 Debtors 2024 2023 Amounts fallin9 due within on• y•ar'. Trade debtors Other debtois Prepayments and accrued income 29.249 50,770 600 14,459 17,586 46,835 65,829 18 Creditors.. amounts falllng du& within one year 2024 2023 Notes Other taxation and social security Deferred income Trade creditors Othèr creditors Accruals and defeired incorne 15.455 56,474 9.024 912,143 34,373 22.904 175.280 21.241 781.465 51.818 19 1,027,469 1,052.708 Induded iii other creditors is an amount of £907,367 12023 - £775,786) for Sell Directed Supptsrt relating to funds held on behalf of dients. These funds are held in a separate ring fenced bank account which is included in cash and bank on the balance shè8t. 19 Deferred Sncome 2024 2023 other deferred income 56.474 175.280 Deferred income is included in the financial statements as folltsws.. 2024 2023 Deferred income is included within.. Current liabilities 56.474 175,280 Movements in the year.. 27
DoCU9n Envelope ID.. OD1AF530-D6AF490E-A69E-1F4F(K)3E2A4A SHEFFIELD MIND LIMITED NOTES TO THE FINANCIAL STATEMENTS {CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 19 Deferred in¢ome Icgntinuedl Deferred income al 1 April 2023 Released from previous periods Resources deferred in the year 175,280 1175,2801 56,474 454.019 1454.0191 175.280 Deferred income at 31 March 2024 56,474 175.280 20 Retirement benefit schemes The charity opèiates a defined Contribution pension scheme lor all qualifying employees. Tho assets of the scheme are held separately frorn those of the charity in an indepermlendy admtnistered fund. Defined benefit schemes The charity operated a defined benefit scheme fof qualfying employees which ceased during thi5 period due to there being no adive members Under the scheme, the èrnployees were enb'lled to retirement benefils based on a pelcenlage of their final salary at the point tsf ietiiement . No other post Tetiremenl benefits a provided. Key a8sumplions 2024 2023 Discount rale Expected rate of increase of pensions in payment Expected rale of salary Increase5 4.75 Mortality assumplions The assumed life expectations on ietiiemenl at age 65 are.. 2024 Years 2023 Y&ars Retiring today - Males F&malès 20.5 23.7 Retiring in 20 years Males Females 21.5 25.2 Amounts COgniSed in the pmfit and loss account.. 2024 2023 Nel interest on defined benefit liabilityllasset} 3,000 28
DotU$i9n Envelope ID. 001AF53D8F49oE-A69E-1F4FlD3E2A4A SHEFFIELD MIND LIMITED NOTES TO THE FINANCIAL STATEMENTS ICONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 20 Retirèment bon•fit schemes (Continuedl Amounts taken to tsth8rcomprehensive ift7come.' 2024 2023 Actual rttum on scheme assets Less.. calculated interest element 364,000 53.000 44,000 Return on scheme assets exduding interest income Actuanal change5 related lo obligations Other gains and losses 364.000 97,000 1526.0001 185.0001 Total eostsllincomel 364,000 1514.0001 The amounts Included in the balance sheet arising from the charity's obligations in respefjt ol defined benefit plans are as follows.. 2024 2023 psent value of defined benefit obligalion5 Fair value ol plan assets 2,205,000 12,569.0001 DeficiV{surplusl in scheffle 1364,0(M)I ovements in the pSent value of defined benefit obligations.. 2024 Liabilitiès at 1 April 2023 The de)fned benefit obligations 8rise frvm plans lunded as follows.. 2024 Wholly unfunded obligations Wholly or paruy ftjnded obligations Movemènts in the f8Af v81u& of plan assets.. 2024 Fair value of assets at 1 April 2023 Relum on plan assets lexduding amounts included in net interest) 364,000 1364.0001 29
Dowslgn Envelope ID". OD1AF530.D6AF490E-A69E-1F4FLD3E2A4A SHEFFIELD MIND LIMITED NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 MARCH 2024 20 Retirement benefit sehamès Icontinuadl The actual return on plan assets was £364.00012023- £53,000). Th8 fair valve of plan assets at the reporting period was as follows.. 2024 2023 Equity instruments Property 8onds Cash and liquid assèts 1,062,840 125.040 359,490 15,630 1.563,000 30
0¢)¢1917 Envekipe ID." OD1AF530-DW490E-A69E-1F4FOD3E2A4A SHEFFIELD MIND LIMITED NOTES TO THE FINANCIAL STATEMENTS {CONTINUED} FOR THE YEAR ENDED 31 MARCH 2024 21 Restricted funds The restricted funds of the ch8¥ity comprise the unexpended balan3 of donations and grants held on trust subjed to Specific conditions by donors as to how they may be used. At 1 April 2023 Incoming resources ResoureÈs •xp•nd•d Transfors At 31 March 2024 CCG Counselling Service NHS CCG LGBTa* Rainbow Cafe MHPN Strategic Coordinator PCMH CotHrnunity Connectors Springboard Through the Clouds Waitin9 List ISHSCI Anger Management SYPCC SSH IR&B Mind) Waiting List ISPAIEWSI Cost ol living NHS CCG Health O¢rtcom6S Magpies- Reaching Communities NHS CGC Anger Management Safer Spaces ISCCI Listening Line - Info Officer Creative Minds (Mindl This is Us Gambling Commission Listening Spear and Jackson Waiting List IVCSEI Peer Support SeNice (Synergy) Wellbeing Navigators 76,119 176.1191 2.896 6,910 30.022 283.717 22,020 77,175 8,500 2,500 28,246 6.630 16,895 45,276 13,9821 (29,8651 1260,6911 114,5091 {73,2101 14,2421 12,2941 {23,4921 16711 115,5881 (45,2761 5,824 157 23.026 7,511 3,965 4,258 206 4.754 5.959 1.307 40,509 60,334 10.$01 97.509 1112,6541 152,8621 Is8,7) 141 128.5381 125,3631 164,2881 11,7921 18.4321 19.0261 122.4761 25,364 7.472 13,635 19,468 61.201 19.472 24.528 2.010 41.473 36.914 1.792 16,110 46,727 74,101 8,432 11,763 2.737 32.586 55.062 251,491 901.016 1931.4411 221.066 31
Docusvjn Enltspe ID.. o01AF53D6AF490E-A69E-1F4FoDJ2A4A SHEFFIELD MIND LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 21 Rfrstrletsd funds Icontinuedl Prèvious year.. At 1 April 2022 Incorning resources Resources expended Transfers At 31 March 2023 NHS CCG LGBTQ+ Rainbow Cafe KFIM- VeteTans Farnilies NHS CCG Health Outcomes Magpies- Reaching communites CGC Anger managernent Sheffield City Council - Safer spaces Thinking Pair- CCG Creative Minds - National Mind This is Us Gambling Commission- Restricted donation Listening Spear and Jackson Wellbeing Navigators 6,763 6.662 46,000 13.8671 117.2631 146.0001 2,896 10,601 33,536 5.826 95.901 60,(KIO 188,9281 117,7381 40.509 60,334 12.246 64.600 154,0991 10,501 12.246 13.659 112,2461 13,S59 92.000 125.308} 150,527) 2,010 41,473 74.101 20,000 64.046 137,18n 118.2081 18.9841 36,914 1,792 55.062 75,868 543.732 1368, 1091 251.491
Docu$Bn Envel(pe ID. oD1AF53LD6AF49oE-A69F_lF4FOo3E2AéA SHEFFIELD MIND LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 22 Restricted fund project inforfflation Creative Minds Imlndl To piovide Art and Movement Therapy groups for women aged 18 upwards who live in Sheffield. Gamblin9 Commission - Réstricted Donation A two year pilot fund looking at effective ways of supporting young peoplè laged 11-251 who are at risk of gamblinglgaming re4aled hafm. Listening Lsne- Info officer Ispear & Jackson, Gripplel To provide phone support to people isolated duririg the pandemic and provide infofmation, advice and signposting. Magpies - Rèaching Communities To provide help and support to hoarders in Sheffield area. Mèntal Health Professionals Network Strategi¢ Coordinator. Sheffiel(J Mind hosts this post. which enables the VCSE sector lo have a coordinated 'voice'. NHS CCG Ang¢rMana9ement To provide Anger Manag8ment ser¥ices, in advancè o15ervice procurement from April 2022. NHS CCG Health Outcomès Supporting people with Severe Mental Illnès5 ISMII access their annual GP Health check and piomote the vptake of COVID 19 and flu vaccination. NHS CCG LGBTQ+ Rainbow Cafe Providing a sate and supportive space to people from the LGBTa+ comrnunity. who are isolated, lon81y, have mental health issue5. or who want lo meet new peoplè Peer Support SeNtce ISyner9yI Peer Support workers have lived experience of mental heahh isguè$ and use thi$ experience to Sitpport people with severe mental illne5S. PCMH Community Connectors Proving support In the community to people with severe rnental illness Safer Spaces ISCCI To provide a counselling serviceltalksng therapy for adults who have lived with or have experienced domest abuse in Sheffield and are living in safe awommodation. Spr4ngboard Facililaled Peer Support groups. citywide. This 1$ Us - NHS South Yorkshire ICB To work with local community groups through art therapy sessions to support participants to think aboul rnenlal health, their experien$ of using mental heatth services and how to &CsS VCSE Ivolunlaryl sedor support. Through the Clouds Beieavement counselling foi adult5 and children l young peoplè. Wellbeing Navigators - NHS South Yorkshire ICB To provide guidance and financial support lo individuals with Severe Mental Health ISMII issues whose mental health and wellbeing is being adversely affected by the Cost of Living Crisis. Cost of Living Providing support and inlomalion to people who are struggling to cope with rising costs or who are looking for advice about how thèy can manage their money more effèctively. Waiting List ISPA.IEWSI To provide therapy sessions for NHS adults awaiting a mental health assessment. Waiting List ISHSCI Providing therapy sessions for PCMH patients with sevère mental illness awailing a mental heath allocation. SSH IR&B Mind) 6-week guided programme providing the tools to understand and manage your le&lings, along with regular C811s lo provide support. Anger Management SYPCC An96r M8nagernent group services from January 2024 bll Decembef 2024 33
Dowsign Envelope ID." OD1AF530i)6AF490E.A69E-1F4FOD3E2A4A SHEFFIELD MIND LIMITED NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2024 23 Unrestrictèd fund8 The unrestricted funds of the chaty comprise the unexpendèd balances of donations and grants which are nol subject lo speafic conditions by donors and grantOFS as to how they rnay be used. These include designated funds which have been set aside out of unrestiicted funds by the trustees for specific purposes. At 1 Aprfl 2023 Incoming resources Resources expended Transfèrs Gains and At 31 March losse6 2024 Close down costs Working capital Pension deficit 3 months General funds 58,230 149,901 4.545 87,618 62,775 237.519 6,413 903,136 16.4131 185.7501 174,215 1133,4091 858,192 1.117,680 364.000 174.215 1133.4091 1,158.486 Pension tund 1364.000) 1,481.680 174.215 1133,4091 1364,0001 1,158,486 Pr8vious year.. At 1 April 2022 Incoming resources Resourcts expended Trnnsfers Gains and At 31 March losses 2023 C105e down costs Working capital Pension deficrt 3 months General fvnds 48,358 182,883 9.872 132,9821 58.230 149,901 6.108 772.281 305 22.805 6,413 903.136 588,805 1480.7551 1,009,630 1171.0001 588,805 1480,7551 21,000 1,117,680 364,000 Pension fund 514.000 838,630 588.805 1459,7551 514,000 1,481,680 24 Analysis of net assets between funds Unre5trictsd funds 2024 Restricted funds 2024 Total 2024 Fund balances at 31 March 2024 are represented by.. Tangible assets Current assetsllliabilitiesl 431.118 727.368 431,118 948,434 221,066 1.158,486 221,066 1.379,552
Docusign Envelope ID.. ODIAF530.D6AF49QE.A69E-IF4FOD2E2A4A SHEFFIELD MIND LIMITED NOTES TO THE FINANCIAL STATEMENTS {CONTINUED> FOR THE YEAR ENDED 31 MARCH 2024 Analy$i$ of net o¥$ets between funds Icontinuedl Unrestri¢ted hjnds 2023 ftestricted funds 2023 Total 2023 Fund balances at 31 March 2023 are represented by.. Tangible assets Current assetsllliabilitiesl Provisions and pensions 415,338 877.622 188.720 415,338 953,833 364,000 76,211 175.280 1,481,680 251,491 1.733.171 2S Related party transactions There wefe no disclosable related party transactions during the year12023- none). 26 Ca¥h generated from operations 2024 2023 IDeficit}/surpu5 for the year 10,381 283,673 Adjustments for.. Investment income recognised in statement ol financial activities Loss on disposal of tangible fixed 8ssets Depieciation and impairment ol tangible fixed assets 110,4331 1,771 18.543 12.6171 16,139 Movements In working capItsI.. Decrease in debtors Increaselldecreasel in creditors (Decrease) In deferred income 18,983 93,567 1118,8061 37,661 1188.2351 1278.7391 Cash generated fromllabsorbod by) opèration 14.006 1112,1181 27 Analysis of changes in net funds The charity had no material debt during the year. 3S