NORTH STAFFS MIND (A company limited by guarantee) REPORT AND FINANCIAL STATEMENTS Year Ended 31 March 2025 Company Registration No. 02294089 Registered Charty No. 700788
North Staffs Mind CONTENTS CHARITY REFERENCE AND ADMINISTRATIVE DETAILS TRUSTEES, ANNUAL REPORT STATEME OF TRUSTEES. RESPONSIBILITIES IN THE PREPARATION OF FINANCIAL STATEMENTS INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF NORTH STAFFS MIND 12 STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT) 15 BALANCE SHEET 16 STATEMENT OF CASHFLOWS 17 ACCOUNTING POLICIES 18 NOTES TO THE FINANCIAL STATEMENTS 22
North Staffs Mind CHARITY REFERENCE AND ADMINISTRATIVE DETAILS CHARifY REFERENCEANDADMINISTRATIVE DAlLs Charity Number.. 700788 Company Number: 02294089 Chair. Mark Poulson Vice Chair: Vacant Chief Executive: Kate Boundy Company Secretary: Kate BouTKIy Trusteeslcompany Directors: Linda Holt (resigned 24107125) Neil Dingley Susan Moffat Mark Poulson Susan Davies (resigned 30107124) Kishore Chandiramani James Aberley Lynne Ingram {signed 24110124) Jonathan Phelan (resgned 08109125) Stuart Fisher (resigned 20101125) Sarah Bums Mark Roe (appointed 01108124) Supritha Rao (appointed 01111124) Neil Rosiak (appointed 21110125) Key Management Personnel: Kate Boundy. Chief Executive Deb Smith, Head of Services Laura Colclough. Head of HR Jane Considine, Head of Finance Auditors: Deans (Staffordshire) Lirnited, Gibson House, Hurricane Court, Hurricane Close. Stafford. ST16 1GZ Bankers.. National Westrninister Bank Plc. 1 Upper Market Square, Hanley. Stoke-on-Trent, ST1 1QA Registered Office: 83 Marsh Street. Hanley. Stok&on-Trent. ST15HN status: North Staffs Mind is a company limtted by guarant*. It is a registered charity and governed by the provisions of tts Memorandurn and Articles of Association. Page 1
North Staffs Mind TRUSTEES, ANNUAL REPORT The trustees are pleased to present their report together with the audited financial statements of the charitable company ('the chanty) for the year ended 31 st March 2025. The Annual Report serves the purposes of both a Trustees, report and a directors, report under company law. The financial statements have been prepared in accordance wth the accounting polioes set out in the notes to the accounts and comply yth the Cuent statutory requirements, the requirements of the charitable company's goveming document and the provisions of the Statement of Recommended Practice applicable to charities prepariThJ their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland published in October 2019. sin the Company qualifies as STnall under section 382 of the Companies Act 2006, the Strategic Report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors, Report) Regulab'ons 2013 has been omitted. DIRECTORS AND TRUSTEES The directors of the charity are its trustees for the purpose of charity law and throughoLrt this report are collectively refeed to as the trustees. The Irustees serving during the year and since the year end were as follows: Nell Dingley Linda Holt (resigned 24107125) Susan Moffat Mark Poulson Susan Davies (resigned 30107124) Kishore Chandiramani James Aberley Lynne Ingram (resigned 2411 or24) Jonathan Phelan (resigned 08J09125} Stuart Fisher (resigned 20101125) Sarah Burns Mark Roe (appointed 01108124) Supritha Rao (appointed 01111124) Neil Rosiak (appointed 21110125) STRUCTURE. GOVERNANCE AND MANAGEMENT Governing document North Staffs Mind is a cornpany limited by guarantee and does not have any share capital. It is a non-profft making organisakn'on and registered charity govemed by its Memorandum and Articles of Association. Organisation and appointment of trustees The Board is made up of 12 elected members (trustees). The Board meets at least 4 times per year and an annual strategic planning day is held. Decisions are taken by a majority vote and the Board appoints a Chief Executive to manage the day to day operations of the organisation, ensure that the organisation meets its aims and objectives. provide leadership to the organisation and take responsibility, alongside the trustees and the senior management team, for strategic development and plannirvJ. Page 2
North Staffs Mind TRUSTEES, ANNUAL REPORT Trustee Induction and training The charity recognises that its board needs a diverse range of skills, experience and knowledge to run the organisation effectivdy. New trustees are recruited to North Staffs Mind based on the use of adverts, word-of-mouth and personal recotnmendation. A skills matrix is maintsined to ensure the board understands its collective skills set, identifies any key areas that are lacking and how these are best addressed - whether through training or recruitment. The Board has an active SucsSion plan. All potential new trustees meet the Chief Executj've and Chair to gain insight into the organisation and the expectstions and obligations of becoming a trustee. Followtng this they are invited to observe at Board rnting to ensure they understand the commiiment required before taking on a trustee role. There is a comprehensive induction process in pla which includes information on roles and responsibilities of trustees, good govemance reference material including a generic trustee role description and information about the charitys structure and remiL The induction pack is reviewed and updated every tsvo years to capture Current good prac11 in governan, trustee board development and planning, and is available electronically. Policies on dealing with conflicts of interest and inductionltraining are included in the pack and an active conflicts register maintained. All new trustees are also invited to take part in an induction hosted by national Mind which provides an insight into working within the Federation and allows Irustees to mt and network with colleagues from throughout England and Wales. There is an ongoing active trustee community facilitated by national Mind. An infomation sheet 15 distribirted to all new trustees. and annually to exisling trustees. to identrfy specific areas where information or support is required to carry out the role and consider options relating to traininglleaming styles. Refresher training on roles and responsibilities is provided on a regular basis. An annual away day is organised for trustees to consider colleciively key strategic issues which could influence and impact upon the future direction of the organisation to infomi annual and stratgic planning. North Staffs Mind complies with the ptTnciples of the national ChaTity Govemance Code. Risk management The trustees acknowledge their responsibilrty for managing risk and regularfy give consideration to the major risks to which the charty is exposed and the implementation of robust systems to mitigate these risks. The Risk Subcommittee is responsible for overseeing the organisations strategic risk register and reports to Board on significant new or escalating risks. The subcommittee comprises of trustees, NS Mind's Head of serViS. Head of HR and the Chief Executive. The subcommittee ensures that the strategic risk register is regularfy reviewed and updated and reviews new and escalating risks. Each meeting focuses on an operational area at each m*ting wlth the sepdlce lead In attendance. Thls is helping lo ensure risk is integrated into all of our work. The subcommittee reports to our main Board. We have ensured a number of measures are in pla to mitigate the financial resilience risk including establishing a diverse range of income generating activities to ensure we maximise income raising opportunities. Page 3
North Staffs Mind TRUSTEES, ANNUAL REPORT nci ain Trustees consider the Pfincipal risk faced by North Staffs Mind to be: Financial Sustainabilty - North Staffs Mind operates a numbei of large contracts which, if not renewed, would have signtficant impact on the cost base of Ihe organisation. Our income continues to be affected by financial uncertainty and constraints- in particular fvndraising and paid service income. OBJECTIVES AND ACTIVITIES The objectlves of the charlty to promote the preservation of mental health by working with and supporting people with mental ill-health to feel enabled and empowered to live with and manage their mental health; and to relieve the needs of people with mental ill-heaflh by wotking to increase understanding of mental health, raising awareness and challenging stigma and discrimination In order to achieve Ihese objectives. rt is the charivs policy to offer a comprehensive range of appropriate services. The service offer is under constant review to ensure it continues to meet the changing needs of local people. Conn•ctlng Mlnd$ We bri people tO9ether to make chan9e in their communities. Our Vlsion Supportln9 Mlnd$ We delwer lifLhaV¥jln9 support. We won* glv• up untli ev•ryon• èxperlenelng a mèntal h•aLth probl•m g•tg t>oth support and r•spoCt. Changing Minds We sppak out and demand better from pthcymakers and the public. Engaglng Mlnds We artNelyergage Ouf SUPPOrters and local comrnunities with our work EgultabL• Mlnds We offerequabty of access tts our servicE4 jobs and opportunitiÈs Page 4
North Staffs Mind TRUSTEES, ANNUAL REPORT STRATEGIC REPORT As we continue to expand our services and reach we were delighted to merge with Mid Cheshire Mind in September 2024. We are proud to support local people and communities throughout Staffordshire and Cheshire. 9,031 89 Feople rted in .dshiTP 10,000 lein If t•¥m 349 7,411 sockl media subscnbpr% Intse we Yisitoty. 56,935.50 mofity raisod Our team 89 people worked across North Staffs and Mid Cheshire Mind on 31.03.2025. Our staff absence and turnover rates are significantly below sector averages. We offer a number of placement opportunities for counsellors in training - helping to develop the next generation of mental health specialist5. Supportlng Adults Our adult group offer continue5 to grow wtth 117 groups hosted - supporting over 700 local people. New Service launched this year includes a men's mental wellbeing group 'Mindful Men. hosted at M Club. Collaboration with local trusted partners is central to our strategy as vve know that we Our work 15 also boosted by an amazing team can achieve 50 much more by working with of volunteers donating hundr•ds of hours of others. We worked with Changes Health and ¢ollectlve support and exptrtlse - including Wellbeing to launch Rise during the summer counsellors. fundraising ambassadors and our of 2024 - a safe and welcoming space that Board of Trustees. aim5 to support and improve mental health through support. activities and tackirig loneliness. In October 2024 we hosted an all staff away day at Middleport Pottery. Bringing together teams who work across both counties to share our successes and future plans. Our private counselling service continued to grow during the year. We offer rapid access to high quality, accredited counselling at We strive to make our organisation a great an affordable cost. In line with demand we place to work. Our 2024 Staff Survey showed opened a new tounselling location in Stafford. that 100Wo of our team shared that they enjoy theirjob at NS Mind. 86¥0 feel that you cor)tribute to the success of NS Mind. 84010 feel you have the opportunity to develop and 9row at NS Mind. both personally and professionally. 86Vo feel adequately supported in your roie Page 5
North Staffs Mind TRUSTEES, ANNUAL REPORT Supportlng Chlldren and Young People Our schools team 5UPPOrted 2387 children in 39 schools in Staffordshire and Cheshire through a commissioned service that matches one of our specialist counsellors WTth the bespoke needs of each schooL We also supported front line staff in schools through supervision. debrief5 and training. Demand for supervision and reflective practice sessions for front line staff was high and we recruited a new supervisor to the team in early 2025 to help u5 to expand. 1124 pupils accessed our Maccas Project targeted early intervention workshops which are free of char9e to schools. We are a proud partner working alongside Change5 Health and Wellbeing and the Dove Our housing service provides 46 places within Service in delivering the Staywell service in supported housing for people with mental Stoke on Trent httpsJ/staywellcyp.org/home/. health problems. We support recovery and independence and tour team 15 committed to customers mowng forward in their lives. Supported Houslng Durin9 2024 we launched a new prFvate counselling ofFer for CYP to complement our existing offer. We provide housing and floating support as part of the Destination".Home partnership working alongside lead partner Concrete and Adullam - aimed at preventing locaL homelessness in Stoke on Trent. Support ip. Edu¢atlon During the year we began a deep dive review of our supported housing offer- enhancing the support we provide to our residents and beginning a large scale improvements programme for our properties. Supportlng Buslnesses We welcomed a new Training Manager to our team during the year who spent some time revieing and revitalizing our training packages. 1250 p•OP att•nd•d on• of our tralnlng s•sslons in their workplace - and 97010 of p•ople who Jalnlng one would recommend us to th•lr frlends and famllyl Our counsellin9 and supervision offer for local businesses continues to grow and we support people working in a massive ran9e of public arsd private sector workplaces. Page 6
North Staffs Mind TRUSTEES, ANNUAL REPORT Mld Cheshlre Mlnd The team is now well settled into our new wellbeing hub in Winsford Cross Shopping Centre. The building wa5 further enhanced by a grant received from the Morrisons Foundation which has allowed us to create new. large training room. We were delighted to obtain fundin9 to provide early intervention mental wellbein9 coaching in Cheshire West and Chester- another sector collaboration as we work c105ely wsth Chapter Mental Health to ensure there is no wrong front door for people accessing the service. Thi5 money was put towards our free servlce offer- including our Maccas youth project. gfOUPS and drop ins and a free 1.1 counselling service. Thank youl WELLBEING COACHING 1111 Communlty Events We were delighted to be present at 62 communty events during 2024/25 - raising awareness about mental wellbeing and our service offer. nop'wf Our bereavement. art and peer support groups continue to expand and reach out to new locations. Ib£iJ-Ll-*"4 11 Fundralslng Through amazing generosity you donated an amazing £156,935.50 to us during the year. In December we organized 2 Mental Elf fun runs. where we were joined by over 500 runners - many in fancy dress. Page 7
North Staffs Mind TRUSTEES, ANNUAL REPORT Public Benefit The trustees have referred to the guidance contained in the Charity Commission's general guidan on public benefft when reviewing North Staffs Mind's aims and objectives and planning future activities. In partEcular, the trustees consider how planned activities will contribute to the aims and objectives that have been set. The trustees believe that the chanty meets the Principles relating lo charities and public benefit described in the Charity Commission guidance and that this Trustees. Annual Report demonstrates the charity's contribution to the prevention and treatment of mental ill health among the people of North Staffordshire through the provision of sUPPOrted housing, counselling services and the promotion of social activities through social support groups and befriendinglmentoring activity. Fundraising North Staffs Mind complies with the regulatory stsndards for fundraising. It is registered with the Fundraising Regulator and committed to the Fundraising Promise and adheren to the Code of Fundraising Practi. Safeguards are in place with suppliers and those who fijndraise on the chaiity's behalf to ensure ongoing compliance and maintsin reputstion in the local community and beyond. A complaints policy dearly explains how an individual can complain. No complaints regarding fundraising activitses were r1Ved in the financial year 2024-25. There is a duty to report lo the Fundraising Regulator on the totality of complaints. As a provider of mentsl health Servi$. North Staffs Mind aims to ensure that our fvndraising meets the needs of the whole communty. It is a signatory of the Fundraising Preference Service to enable individuals to opt out from receiving fundraising communications. Plans for the future As we enter a new financial year we are looking forward to the opportunities and challenges that 2025-26 will bring. My reports of the last four years seem to repeat themselves as I state that our operational landscape remains uncertain and tough. Just as we think things are easing off something else looms on the horvzon to add to our risk register- from austerity to the abolition of NHS England and cuts to ICBS we need to remain agile and continue to be open to doing new things depending on local need and funding available. Our staff, Board members and volunteers continue to work together to generate brilliant results, Mang my role as Chief Executive particularly enjoyable. We have been delighted to welcome a new Head of Development and Sustainability to our senior leadership team which V hope will enable us to ft)cus on sustainable Servi development and incorne generation into the future. Our merger with Mid Cheshire Mind finalised in 2024 and we are now providing services across a much larger geographical footprint. It was wonderful to host an all staff away day in the autumn of 2024 to see how we are growing and get an insight into our collective skills and experiences. This gives me every confidenr£ for the future. l am really looking forward to working proactively within the wider Mind Federation during the next year. We are actively involved in many inth'atives and are parbcularly keen to leam from best practice happening around the country- and whether we can adapt this for our local communities. Collaborab'on with other organisations will also continue to be a key driver for our future success. Kate Boundy. Chief Executive Page 8
North Staffs Mind TRUSTEES, ANNUAL REPORT Financial revlew A Ststement of the Financial Activiti'es of the charity is given on page 15. The total incoming reSoUrS for the year amounted to £2,343,691 (2024: £2,469,645) and £2,392,982 (2024.. £2,238,505) was dispensed in direct wrsuance of the charrtable objectives of the company. There were net (outgoing)fincoming resources of (£49,291) (2024: £231,140). This has been deducted from the nd values brought forward at the beginning of the financial year, and the total of fund balances at 31 March 2025 was £1.384,580 (2024.. £1.433,871). The charity revlews its expenditure commitments on a regular basis and has implemented a programme of cost improvements to address the ongoing sustainability of a nurnber of its operations going forward. Premises at Marsh Street are stated at their 1999 valuation figure. A re-valuat'on was undertaken during 21)07 and this indicated a material differen beeen the value of the company's assets and the amount at which they are ststed in the accounts at that point in time. The Marsh Street premises continue to operate at fijll capacrty. Planning permission was granted in 2024 to build a new headquarters on the current Marsh Street site. extending into the adjoining vacant plot of land which has been purchased to allow a larger scheme to suit the needs of the charity now and into the future. Investments during the year, which were InteSt bearing deposits with the Charities Official Investment Fund. were acquired in accordance with the powers contained in the company's goveming instrument and wtth the provisions of the Charities Act 2011. The total grants for the year, after transfers to deferred income. were £1,263,620 (2024.. £1,364,549). Grants from Public Sector Organisations totalled £1,074,198 (2024.. £1.144.218) and represent 46D/o of total incoming resour$. There were no capitsl commitments at the balance sheet date and, in the view of the trustees, the fijnds held at 31 March 2025 were available and adequate to fijlfill its existing obligations. Through prudent finanaal management of North Stsff5 Mind. the majority of services and projects during the year remained within budget. Golng concem After making appropriate enquiries. the Trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. For this reason, they continue to adopt the going concem basis in preparing the financial statements. Further details regarding the adopts.on of the going cOnM basis can be found in the accounting policies. Reserves policy The trustees have reviewed the teserves policy and have agreed that the level of reserves is assessed annually in order to mitigate current and future risks as well as enabling North Staffs Mind to achieve its objectives. As at 31 March 2025. the actual reserves were £1,384.580. The amount required to meet contractual obligations is £364,072 and a further £175.691 re5ates to the designated fund requirement. The difference between the actual reserves and free reserves is £844.817, which predominanty relates to the organisation's investmenl in long-term assets. Designated funds relate to Marsh Street Development {£30,000) and refurt)ishment of 30 Stanley Street {£145.691). Page 9
North Staffs Mind TRUSTEES, ANNUAL REPORT Financial value of volunteers Volunteers make a significant contribution to the work of North Staffs Mind, supporting the charity to deliver both Counselling and the Tuesday social support group, and as trustees and in other roles. Volunteer counsellors support the charity to deliver counselling sessions for adults and childrenfyoung people, and volunteers within Community Support Services were involved in befriendinglmentoring relationships and helped run social support group activity. We couldn't achieve as much as we do without the invaluable support of our team of dedicated volunteers. Powers of investment The trustees a authorised by the Memorandum of Association to invest monies not immediately required for the charity's own purposes in such invesknents, securities or propety as they deem fft. subject to any conditions required by law. Auditors The Auditors, Deans, will be proposed for re-appointrnent at the forthcoming Annual General Meeting. CHANGES IN FIXED ASSETS The movement of fixed assels during Ihe year is detailed in note 12 to the financial statements. STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS So far as the directors (Trustees) are aware. there is no relevant infomialion of which the company's audttors are unaware. Additionally, the director5 have taken all necessary steps that they ought to have taken a5 directors in order to make themselves aware of all relevant audit infonnats.on and to establish that the company's auditors are aware of that infomation. This report has been prepared in accordance with the Staternenl of Recommended Practice - Accounting and Reports'ng by Charities and in accordance with the provisions applicable lo companies entitled to the small companies exetnpb'on. Signed on behalf of the twstees: Mark Poulson Chair Date: Ljli. Ir 2025 Page 10
North Staffs Mind STATEMENT OF TRUSTEES, RESPONSIBILITIES IN THE PREPARATION OF FINANCIAL STATEMENTS The trustees (who are also directors of North Staffs MIND for the purposes of company law) are responsible for preparing the Trustees. Annual Report and the financial statements in accordan with applicable law and United Kingdom Accounting Stsndards (United Kingdom Generally Accepted Accounting Practice). Company law requires the trustees to prepare financial statements for each financial year, which give a true and fair view of the state of affairs of the charitable company and of the incoming reSoUrS and application of resources. including the income and eXndItur0, of the charitable company for that period. In preparing these financial stalements, the trustees are required to: select suitable accounting policies and then apply them consistently,. obserrfe the methods and principles in the Charities SORP 2019 (FRS 102),. make judgements and estimates that are reasonatde and prudent; state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; prepare the financial slatements on the going conrn basis unless it is inappropriate to presume that the charitable cornpany will continue in operation. The trustees are responsible for keeping adequate accounting records that disclose reasonable accuracy at any time the financial posttion of the charitable company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hen for taking reasonable steps for the prevention and detection of fraud and olher irregulatities. In so far as the trustees are aware: there is no felevant audit informkn'on of which the charitable CoMpanS auditor is unaware" and the trustees have tsken all steps that they ought to have taken to make thernselves aware of any relevant audit inforrnation and to establish that the auditor is aware of that information. This report was approved by the trustees on g 3 2025 and signed on their behalf by: Mark Pou150n Chair Page11
North Staffs Mind INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF NORTH STAFFS MIND Oplnlon We have audited the financial statements of North Staffs Mind {Ihe 'charitable company,) for the period ended 31 March 2025 which comprise the Statement of Financial Activities, the Balan Sh&t, the Cash Flow Statement and notes to the financial statements, including a summary of significant accounting policies. The financial reporbng framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounb'ng Practi). In our opinion the financial statements: give a true and fair view of the state of the charitable company's affairs as at 31 March 2025 and of its incoming reSoUrS and application of resources, including its income and expenditure, for the period then ended; have been properly prepared in accordan with United Kingdom Generally Accepted Accounting Practice., and have been prepared in accordance with the requirements of the Companies Act 2006. Basis for opinion We conducted our audit in accordan with Intemational Standards on Auditsng (UK) (ISAS {UK)) and applicable law. Our responsibilities underthose standards arefurtherdescribed in the Auditors, responsibilities for the audit of the financial statements seclion of our report. We are independent of the charitable company in accordance wrth the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibiliti'es in accordan with these requirements. We believe that the audit eviden V have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern In auditing the financial statements, we have concluded that the trustees, use of the going concern basis of accounting in the preparats'on of the financial statements is appropriate. Based on the work we have perfOed, we have not identified any rnaterial uncertainties relating to events or conditions that, individually or collectively. may cast signfficant doubt on the charitable company's ability to continue as a going conrn for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibiltties of the trustees with respect to going conrn are described in the relevant sections of this reporL other Information The trustees are responsible for the other information. The olher infomiation comprises the infomiation included in the Annual Report. other than the financial staternents and our Report of the Independent Auditors thereon. Our opinion on the financial statements does not cover the other infomation and, except to the extent otherwise explicitly stated in our report. we do not express any fortn of assuran conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otheiSe appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in Page 12
North Staffs Mind INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF NORTH STAFFS MIND the financial statements themselves. If, based on the work have perfomied, Y condude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. Matters on whlch we are required to rèport by exception We have nothing to report in respect of the following matters where the Charities (Accounts and Reports) Regulations 2008 requires us to report to you if. in our opinion." the infonnation gNen in the Report of the Trnstees is inconsistent in any material respect with the financial statements., or the charitable company has not kept adequate accounting records; or the financial statements are not in agrrnent with the accounting records and returns,. or we have not received all the infomialion and explanations we require for our audit. Responsibilities of trustees As explained more fully in the Statemenl of Trustees, Responsibilibes, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is neSSary 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 charitable company's abilityto continue as a going concem. disclosing. as applicable, matters related to going concern and using the going concem basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so. Our responsibilities for the audii of the financial statements We have been appointed as audrtors under Section 144 of the Charities Act 2011 and report in accordance wilh the Act and relevant regulations rnade or having effect thereunder. Our objectives are to obtain reasonable assuran about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that indudes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material rf. individually or in the aggregate, they could reasonably be expected to Influen Ihe economic decisions of users taken on the basis of these financial statements. The extent to vthich our procedures are capable of detecling irregularities, including fraud is detailed below: We assessed the susceptibilty of the company's financial statements to material misstatement, induding obtaining understanding of how fraud might occur. by". making enquiries of management as to where they considered there was susceptibility to fraud. their knowledge of actual, suspected and alleged fraud; considering the intemal controls in pla to mitigate risk of fraud and non-complian with laws and regulations. Page 13
North Staffs Mind INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF NORTH STAFFS MIND To address the risk of fraud through management bias and override of controls. we.. performed analytical procedures to identify any unusual balances, variances or unexpected relationships; - assessed whether judgements and assurnptions made in determining the accounting estimates were indicative of potential bias: investigated the rationale behind significant or unusual transactions., and - specifically tested the controls around bankin9 payments In response to the risk of irregularilies and non-compliance with laws and regulations. we designed prOdureS which included. but were not limrted to.. - agreeing financial statement disclosures to underlying supporting documentation; enquiring of management as to actual and potential litigation claims., - reviewing Corresponden with HMRC and other relevant regulators. There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions. the less likely it is that we would become aware of non-compliance. Auditing standards also limtt the audit procedures required to identify non-compliance with laws and regulatsons to enquiry of the directors and other management and the inspection of regulatory and legal correspondence, rf any. Material misststements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate cOnalment or collusion. A fvrther description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at v*vM.frc.org.uklauditorsresponsibilities. This description forms part of our Report of the Independent Auditors. Use of our report This report is made solely to the charitable company's trust&s, as a body. in accordance with Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charitable company's trustees those matters we are required to State to them in an audrtors. report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitatle company and the charitable company's trustees as a body. for our audit work. for this report, or for the opinions we have formed. Jeremy G Hodgkiss (Senior Statuiory Auditor) Deans Chartered accountants Statutory auditor Eligible to act as an auditor in terms of Section 1212 of the Companies Act 2006 Gibson House Hurricane Court Hurricane Close Stafford ST16 1GZ Date: 4 L Mwts2025 Page 14
North Staffs Mind STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT) for the year ended 31 March 2025 Note Unrestrirted Funds Restricted Fund5 Totsl Funds 2025 Total Funds 2024 INCOME FROM.. Donation5 and i•gael•s Charktable a¢tiviti•s Grants receivablè Property service charges - housing benefrt. rent and supporting people External training Oth•r tr•dFng •ctlvitl•s". Miscellaneous ir*come Inv•stment In¢om• 137.419 137.419 1al.d88 1,258,053 5.567 1,263.620 1,364.549 865,611 865,611 865,050 29.089 29,089 34,983 25.413 22.539 25,413 22.539 47.690 15,885 TOTAL INCOME 2.338.124 5,567 1343.691 2,469.645 EXPENDITURE ON.. Charitable activities: Adu¢t counselling Children's counselling Housing Communty Supp services Extemal training 959.910 567.706 719,922 72.019 41,715 5.567 26.143 965,477 593,849 719,922 72,019 41.715 938.222 628,191 605,539 22,839 43,714 TOTAL EXPENDITURE 2.361,272 31.710 2.392,982 2,238,505 NET INCOME AND NET MOVEMENT IN FUNDS 18 {23.148) (26,143) {49.2911 231,140 RECONCILIATION OF FUNDS: Total funds brou9ht forward 1.407.728 26.143 1.433.871 1.202,731 TOTAL FUNDS CARRIED FORWARD 18 1,384.580 1.384.580 1,433,871 All income and expenditure derives from continuing activities. I gains and losses recognised in the year have been dealt wth in the Statement of Financial Activibes. The notes on pages 18 to 36 form part of the finanGial ststements. Page 15
North Staffs Mind BALANCE SHEET At 31 March 2025 Note 2025 2024 FIXED ASSETS Intangible asset5 Tangible assets (130,246) 521,672 12 477.989 391,426 477,989 CURRENT ASSETS Debtors Short temi deposits Cash at bank and in hand 13 14 15 218,547 264,254 737,999 160,096 503,843 582,432 1,220.800 1,246,371 CREDITORS.. Amounts falling due wthin one year 16 (227,646) {290,489) CURRENT ASSETS 993.154 955,882 NET ASss 1.384.580 1,433,871 THE FUNDS OF THE CHARITY UNRESTRICTED FUNDS General funds Designated funds 18-19 18-19 1.208.889 175,691 1,338,467 69,261 1,384,680 1,407,728 26,143 RESTRICTED FUNDS 1&19 TOTAL CHARITY FUNDS 1&19 1,384,580 1,433.871 The financial statements have been prepared in accordance wtth the provisions applicable to entities subject to the small companies regime. The financial statements on pages 15 to 36 were approved by the ard and authorised for issue on 10 1 2025 and were signed on its behalf by: Mark Poulson Chair Nell Dlngley Treasurer Company Registrabon No. 02294089 Registered Charity No. 700788 The notes on pages 18 to 36 form part of the financial statements. Page 16
North Staffs Mind STATEMENT OF CASH FLOWS for the year ended 31 March 2025 Note 2026 2024 NET CASH FLOW FROM OPERATING ACTIVITIES 21 (178,041) 325,172 CASH FLOW FROM INVESTING ACTIVITES.. Payments to acquire tangible fixed assets Purchase of intangible assets Interest received Payment to acquirel(release ofj short tenn deposits 12 11 (88,670) 160,150 22,539 239,589 (86,137) 15,885 (253,843) 14 NET CASH FLOW FROM INVESTING ACTIVITES 333,608 (324.095) NET INCREASEI(DECREASE) IN CASH AND CASH EQUIVALENTS 155,567 1,077 Cash and cash equrvalents brought fopNard 582,432 581.355 CASH AND CASH EQUIVALENTS CARRIED FORWARD 737.999 582.432 CASH AND CASH EQUIVALENTS CONSISTS OF: Cash at bank and in hand 15 737,999 582,432 CASH AND CASH EQUIVALENTS CARRIED FORWARD 737.999 582,432 The noles on pages 18 to 36 form part of the financtal statements. Page 17
North Staffs Mind ACCOUNTING POLICIES for the year ended 31 March 2025 The prtncipal accounting policies adopted, judgements and key sources of estimation UnrtaInty in the preparats'on of the financial statements are as foll0v. GENERAL INFORMATION AND BASIS OF PREPAFIATION North Staffs MIND is a cornpany limited by guarantee in Englarid and Wales. In the event of the charity being wound up, the liabilrty in resFect of the guarantee is limited to £1 per member of the charity. The address of the registered office is given in the charity information on page 1 of these financial ststements. The nature of the charItS operations and principal activrties are gtven in the trustees annual report on page 5. The charty constitutes a public benefft entity as defined by FRS 102. The financial statements have been prepared in accordance with the Charities SORP (FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Practice applicable to chariti'es preparing their accounts in accordan with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have bn consistently applied to all years presented unless otherwise stated. GOING CONCERN The Trustees have reviewed and approved financial prqects'ons including cashflow forecasts for the period to 31 March 2027. The Trustees believe there are adequate resources which will enable the charity to meet its liabiliti'es as they fall due for the foreseeable fvture. For this reason, the Trustees have adopted the going cOnM basis in preparing the financial statements. ACCOUNTING coNVE10N The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value. The financial statements are presented in sterling which is the functional currency of the charity and rounded to the nearest £. INCOMING RESOURCES All incoming resources are induded in the Statement of Financbal Acttvities (SOFA) when the charity is legally entitled to the income after any performance conditions have been met, the amount can be measured reliabty and it is probable that the income will be received. Service charges received in advance are apportioned over the accounb'ng periods to which they relate. Interest receivable on bank deposits is accrued on a daity basis over the period in which it is eamed. For donations to be recognised the charity will have been notified of the amounts and the settlement date in writing. If there are condth.ons attached to the donation and this requires a level of perfOnan before entitlement can be obtained, then income is deferred until those conditions are fully met orthe fuFfilment of those conditions is within the control of the chanty and Kt is probable that they will be fulfilled. No amount is included in the financial statements for volunteer time in line with the SORP (FRS 102). Further detail is given in the Trustees, Annual Report. Income from trading activities includes income earned frorn fundraising events and trading activities to raise funds for the charty. Income is reIVed in exchange for supplying goods and serVIS in order to raise funds and is recognised when entitlement has occurred. Page 18
North Staffs Mind ACCOUNTING POLICIES for the year ended 31 March 2025 Income from govemment and other grants are recognised at fair value when the charity has entitletnent after any perfomiance conditFons have been met, rt is probable that the income will be received, and the amount can be measured reliably. If entstlement is not met then these amounts are deferred. LEGACY INCOME For legacies, entilement is the earlier of the chanty being nottfied of an impending distribution or the legacy being received. At this point income is recognised. On occasion. legacies will be notified to th@ Charity, however, it is not possible to maasuro tho amount expected to be distributed. On these occasions, the legacy is treated as a contingent asset and disdosed. RESOURCES EXPENDED Expenditure is charged on an accruals basis, inclusive of [eCOVerable Value Added Tax. Expenditure is recognised where there is a legal or constructive OblatIon to make payments to third parties, it is probable that the setttement will be requir&J, and the amount of the obligation can be measured reliably. Direct charitsble activities expenditure comprises those costs directiy incurred in pursuance of the charty's charrtable acttvilies. These costs are related to the employment of counsellors, the provision and maintenance of fumished housing accommodation. the provision of housing workers, the running of befriending projects and the expenses incurred by volunteer workers in connection with their befriending and other charf(able acts"vth"es. Support costs comprise all services supplied centrally, and include headquarters, staff and office overhead and accommodation expenses. They are incurred directly in support of expenditure on the objects of the charity and include project management carried out at Headquarters. Where support costs cannot be directly attributed to particular headings they have been allocated to cost of raising funds and expenditure on charitsble activits'es on a basis consistent with use of the resources. Adrninistration costs indude the employment costs applicable to organisalional, as opposed to project, administration and expenses arising from compliance wrth constitutional and ststutory requirements, inciuding audit fees. Governance costs include those costs associated with meeting the constitutional and statutory requirements of the charity and include the aLKlil fees and costs linked to the strategic management of the charity. All costs are allocated beiween the expenditure categories of the Ststement of Financial Activities on a basis designed to refiect the use of the resource. Costs relating to a particular activity are allocated directly. OPEFIATING LEASES Annual rentals under operating leases are charged to the Statement of Financial Activities on a straight line basis over the lease term. INTANGIBLE FIXED ASSETS Intangible fixed assets are stated at cost less accumulated amortisation and accumulated impaiment losses. Amortisation is released to the income and expenditure account on a straight line basis over 10 years. TANGIBLE FIXED ASSErs Capitsl expenditure over a value of £500 is capitalised. Tangible fixed asset5 are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairynent losses. Cost includes costs directly attributable to making the asset capable of operating as intended. On transition to FRS 102 the Trustees, have taken the decision to use the valuation at 1999 as the deemed cost of the property. Page 19
North Staffs Mind ACCOUNTING POLICIES for the year ended 31 March 2025 Depreciation is provided at the following annual rates as applied to the cost or valuation in order to write off each asset over its estimated useful economic life. Freehold land Freehold buildings Housing furniture and equipment Office fumiture and equipment - 2OA straight line 15% 33.30/0 straight line 15% - 33.3°A straight line INvESTMEs Investments comprising short-temi deposits wrth the Charities Official Investment Fund are stated at cost and are repayable on demand. They are therefore induded in the accounts as current assets. DEBTORS Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid after taking account of any trade discounts due. CASH AT BANKAND IN HAND Cash at bank and in hand includes cash and short tetm highty liquid investments repayable without penalty on notice of not more than 24 hour5. CREDITORS Creditors are recognised where the chaiity has a present obligation resulting from a past event that will probably result in the transfer of funds to a Ihird party and the amount due to settle the obligab'on can be measured or estimated reliably. Creditors are normally recognised at their settlement amount after allowing for any trade discounts due. FINANCIAL INSTRUMENTS The charitable company only holds basic financial instruments as defined in FRS 102. The financial assets and financial liabtlsttes of the charitsble company and their measurement basis are as follows- Financial assets Trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost as detailed in note 13. Prepayments are not financial instruments. Cash at bank- is classified as a basic finanaal instrument and is measured at fa value. Finanual liabilities- trade creditors. accruals and other creditors are financial instruments, and are measured at amortised Gost as detailed in note 16. Taxation and social security are not included in the financial instruments disclosure definrtion. deferred income is not deemed to be a financial liability, as the cash settlement has already tsken pla and there is an obligation to deliver ServIS rather than cash or another finanaal instrumenL RETIREMENT BENEFITS The charty operates a defined contributs'on pension scheme. Tne assets of the scheme are held separately from those of the charity in an independenuy administered fvnd. The amount charged against profits represents the contributiorLq payable to the scheme in respect of the accounting year. Page 20
North Staffs Mind ACCOUNTING POLICIES for the year ended 31 March 2025 FUND ACCOUNTING General accumulated funds are unrestricted funds available to the charity for its general purposes and include, from time to time. funds designated by the charity for particular purposes, the use of any such designated funds remaining at all b'mes at the discrets'on of the Trustees. Restricted funds are subject to restrictions imposed by the donor or by the specific terms of the appeal underwhich funds are raised. The cost of raising and administering such funds are charged against the specific fund. The restrictions are ts'nding upon the Charity. TAXATION As a registered charjty Ihe company is exempt from liability to corporation tax on its income from charitable activities and capital gains falling within section 505 of the Taxes Act 1988 or section 252 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. JUDGEMENTS IN APPLYING ACOUNTING POLICIES AND KEY SOURCES OF ESTIMATION UNCERTAINTY In the application of the Charitable companys accounting policies. the Irustees are required to makejudgements. eslimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from olher sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviayed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of revision and future periods rf the revision affects both current and future periods. Freehold Pmperty Freehold 18nd and buildings comprise the company headquarters at Marsh Street, Hanley (cost £141,900, valuats'on £170.000) and prOPeeS held for the provision of housing (cost £238,928). The land and buildings were valued in 1999 by McGarrigle and Company, Chartered Surveyors and Valuers. On transition to FRS 102 the Trustees. have taken the decision to use the valuation at 1999 as the deemed cost of the property. Included in the total land and buildings is £177,500 which relates to land on which no depreciation has been charged. Page 21
North Staffs Mind NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2025 1 DONAnONS AND LEGACIES Unresti7Cted funds Unrestricted Funds Re5trided Funds Total Funds Total Funds 2025 2024 Donations and Legacies 137.419 137,419 141,488 2 CHARITABLE ACTIVITIES Charitable aclivrties for 2025 are made up as follows: Unrestricted funds Restricted funds Total 2025 Adult Counselling North Staffordshire Combined Healthcare Trust Mind (NAMH} Private commissioned work Midlands Partnership NHS Foundation Trust Cheshire Polir Cheshire West & Chester Council 266,961 266,961 5,567 24,855 403,366 3,500 50,000 5.567 24,855 403,366 3,500 50,000 748,682 5.567 754,249 Children's Counselling stoke-on-TrenVStsffordshire Schools Changes Health & Wellbeing 350.371 98,854 350,371 98,854 449,225 449.225 Community Support Services Changes Health & INellbeing 60,146 60,146 60,146 60.146 Propety Services charges - housing benefft, rent and supporbng people 865,611 865,611 External Training 29.089 29,089 2,152,753 5.567 2,158.320 Page 22
North Staffs Mind NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2025 CHARITABLE ACTIVITIES (CONTINUED) Charitsble &tivities for 2024 are made up as follows: Unrestricted funds Restricted Funds Total 2024 Adult Counselling North Staffordshire Combined Healthcare Trust Mind {NAMH) Private commissioned work Midlands Partnership NHS Foundation Trust 238,842 238.842 18,000 18,000 23,350 558,313 23,350 558,313 820,505 18,000 838,505 Children's Counsalling st0k-TrenuStaffordShlre Sthools Mind {NAMH) Private commissioned wo Changes Health & Wellbeing 347.063 347.063 34,047 2,932 141,272 34.047 2,932 141,272 491,267 34,047 525,314 Community Support Services Private commissioned work Mind {NAMH} 450 450 280 280 450 280 730 Property Services charges - housing benefft, rent and supporting people 865,050 865,050 Extemal Training 34,983 34,983 2,212,255 52,327 2,264.582 Page 23
North Staffs Mind NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2025 3 MISCELLANEOUS INCOME Unrestricted fvnds Total 2025 Total 2024 Thinkwell Other 16.765 8.648 19,410 28,280 25,413 47,690 INVESTMENT INCOME Unresti7Cted funds Total 2025 Total 2024 Interest 22.539 15,885 5 RESOURCES EXPENDED: CHARITABLE ACTIVITIES 2025 Activities Grant funding of undertaken activities directly Support Costs Total 2025 Adult counselling Children's counselling Housing Communty support services Extemal training 128,7C 46,912 548.390 54,866 30.279 608,062 403,993 228,709 142,944 171,532 17,153 11,436 965,477 593,849 719,922 72,019 41,715 809.153 1,012.055 571,774 2.392,982 Page 24
North Staffs Mind NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2025 5 RESOURCES EXPENDED: CHARITABLE AcTIVlEs 2025 (CONTINUED) Adult Children's counselling cnseillg Housing Communty support services External training Total 2025 Salaries and sooal security costs Pension conlribulions Training Travd Advertising and publiaty Sessional worf( Professional insurance Supervision Volunteer expenses Other cmts Property costs Depreaation Support costs (see note 6) 682.7fKI 29.545 414.380 16.324 184.087 7.050 47.687 1.825 28.088 1,166 1.357.002 55,910 1,253 638 4.888 252 7.031 1.882 5.057 575 5.798 9.898 779 12.127 2.661 18,858 575 25,264 330,904 23.003 571,774 1,674 4.232 928 1,497 228.709 142.944 10.627 318,558 21.5( 171,532 3,582 1,520 1,025 17,153 11,436 965.4TI 593,849 719,922 72.019 41,715 2,392,982 Resources expended on charitable activth'es for 2025 was £2,392,982 (2024.. £2,238,505) of which £31,710 (2024: £58,390) was attributable to restricted funds and £2,361,272 (2024.. £2,180,115) was attributable to unrestrbcted funds. RESOURCES EXPENDED. CHARITABLE ACTIVITIES 2024: Activits"es Grant fvnding of undertaken activities directy Support Costs 2024 Adult counselling Children's counselling Housing Community support seNices Extemal training 131.605 32,141 487.307 18,180 34,956 622.701 473.439 183.916 938,222 122,611 628,191 118,232 605,539 4,379 22,839 8,758 43.714 280 704,189 1.096,420 437,896 2.238.506 Page 25
North Staffs Mind NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2025 5 RESOURCES EXPENDED.. CHARITABLE ACTIVITIES 2024 {CONTINUED} Aduft Children's ojunselling coun5elling Housing Communrty support services Extemal Iraining Total 2024 Salaries and soa81 security c4)sts Pension contributions Training Travel Advertising and publirJty Sessional work Professional insurance SupeNision Volunteer expen5e5 Other costs Property costs DeprecÉalion Support costs (see note 6) 698.627 30.444 467.474 18.089 161.289 6.303 15. 32,869 4go 1,376,163 S6,037 711 834 730 5.674 13 7.251 1.593 7.077 237 12.108 1.830 20,864 210 67.631 255.728 14.895 437.896 1.679 210 332 1.29) 4,710 53,215 245,677 13.470 118,232 1,597 1.425 122,611 183.916 4,379 8,758 938,222 628.191 605,539 22,839 43,714 I238.505 6 SUPPORT COSTS ALLOCATION 2025 Adult Children's Housing Comm- Counselling Counselling unity support ServIS External training Total 2025 Salarres and social security costs Pensions Training Travelling expenses Office expenses Insuran Professional fees Advertising and pubticity Rent 1,912 Utilities 8,251 Computer software arKI support 25.772 Repairs and renewals 3.257 Depreat)n 4.195 Goodwill Amortisation (3,227) other 13.730 Govemance 4,437 145.088 6.402 3,484 2.996 6.369 4.575 1.468 90.680 108,816 10,882 4.001 4.801 480 2.177 2.613 261 1.873 2,247 225 3.980 4.776 478 2,859 3,431 343 918 1.101 110 7.254 362,720 320 16,004 174 8,709 150 7,491 318 15,921 229 11,437 73 3.670 1,195 1,434 5,157 6,189 16,108 19.329 2,037 2,443 2,622 3.146 {2,017) (2,420) 8,582 10,298 2,772 3.328 143 619 1.933 244 315 (242) 1.030 332 4,780 412 20.628 1,289 64,431 163 8,144 210 10,488 (161) {8,067) 687 34,327 222 11,091 228,709 142.944 171,532 17.153 11,436 $71,774 Page 26
North Staffs Mind NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2025 SUPPORT COSTS ALLOCATION 2024 (CONTINUED) Aduft Children's Housing Comm- Counselling Counselling unity support servi Extemal training Totsl 2024 Salaries and social security costs Pensions Training Travelling expenses Office expenses Insurance Professional fees Advertising and putsIty 144 Rent 245 utilities 3,273 Computer software and support 16,014 Repairs and renewa15 1,534 Depreciats"on 1,418 Other 22.314 Govemance 4,466 113,164 4.519 1,422 1.530 9,604 4,269 75,442 3.012 949 1.020 6,402 2,847 72.748 2.905 915 983 6,174 2,745 2,694 108 5,389 269,437 215 10.759 67 3.387 73 3,642 457 22,866 203 10,166 36 229 102 96 92 163 157 2,183 2,105 10,676 10.295 1.022 986 946 912 14.876 14,344 2,9TT 2,871 342 12 583 155 7,794 763 38,129 73 3,652 68 3,378 1,063 53,128 213 10,633 78 381 37 531 106 183.916 122.611 118,232 4,379 8,758 437,896 The charity allocates its support costs as shown above and then further apportions these costs between the five charitable activities undertaken {see note 5). Support costs are allocated on a basis consistent with the use of reSoUrs. 7 NET INCOMING RESOURCES FOR THE YEAR Net incoming reSoUrS are arrived at after charging the follong.. 2026 2024 Depreciation and other amounts written off tangible fixed assets - owned Auditors, remuneration: Audit services Operating lease". Land & building Other equipment 44,987 18.272 8.700 8.500 37,618 4.176 33,473 11,933 Page 27
North Staffs Mind NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2025 8 TRUSTEES AND KEY MANAGEMENT PERSONNEL REMUNERATION AND EXPENSES In accordan with the goveming instrument, no emoluments were paid during the year (2024.. £Nil) to the Chair, the directors or any of the trustees. The totsl amount of employee benefits received by key management personnel is £232,295 (2024.. £201,818). Key management are as disclosed on page 1. Travel expenses of £Nil {2024: £Nil) have been reimbursed during the year to trustees. 9 STAFF COSTS AND NUMBERS Details of employee costs are as follows.. 2025 2024 Wages and salaries Social securrty costs Pension costs 1,598,894 123,197 71,914 1,536,474 111,234 66,796 1,794.005 1.714,504 The emoluments of one member of staff induding beneffts in kt'nd are within the range of £70,000 - £79,999. (2024: one within the range of £60,000 - £69,999). not induding retirement beneffts which are accruing under a defined benefit scheme. The average number of persons (exduding trustees) employed. analysed during the year by category, was as follows.. 2026 Number 2024 Number Counselling and Care Services Housing Project seMs Community Support Services Support staff: Administrationlaccounts Chief executive 60 67 12 10 85 89 Page 28
North Staffs Mind NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2025 10 PENSION SCHEME The charity operates a defined contribution scheme on behalf of its employees. The pension cost charge for the year represents contributions payable by the charity to the fund and amounted to £71.914 (2024: £66.796). There were outstanding contributions of £Nil (2024: £2.477) at the year end. 11 INTANG18LE FIXED ASSETS Goodwill COSTIVALUATION Additions Impairment {160.150) 21,836 At end of year (138,314) AMORTISATION Charge 8,068 At end of year 8,068 NET BOOK VALUE At 31 March 2025 {130,246) Business Combinatlon and Goodwlll On 2 September 2024. North Staffs Mind merged wtth Mid Chesire Mind. The merger was accounted for as a business combination in accordance with the Charities SORP (FRS 102). The assets and liabiltties of Mid Cheshire Mind were recognised at their fair values at the date of acquisition. The fair value of assets acquired exceeded the consideration transferred, resulting in negative goodwill of £160.150. This has been recognised as an intangible asset and is being amortised over 10 years. which the trustees consider to refiect the period over which the benefits of the combination will be realised. The amortisation charge for the year ended 31 March 2025 was £8,068, and the carrying amount of negative goodwill at the year end was £130,246. Impaimient of Goodwlll During the year the charity recognised an impaiTrnent charge of £21.836 in respect of goodwill arising from the merger. The impairment relates lo specific costs incurred as part of the merger including-. Payroll costs (July and August 2024) £13,463 Legal fees relating to the merger £5,784 Redecoration costs £2.187 These costs were impaired foll0vng a review of the carying value of the goodwill, which determined that the recoverable amount was lower than the carrying amount. Page 29
North Staffs Mind NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2025 12 TANGIBLE FIXED AssErs Freehold land Office fumiture Housing and buildings and equipment fumiture and equipment Total COSTIVALUATION At beginning of year Additions 522,538 11,173 87,360 73.777 177,267 3,720 787,165 88,670 At end of year 533.711 161,137 180.987 875,835 DEPRECIATION At beginning of year Charge foryear 151.643 6,901 72,469 22.076 85,064 16,010 309,176 44,987 At end of year 158,544 94,545 101,074 354,163 NET BOOK VALUE At 31 March 2025 375.167 66,592 79,913 521,672 At 31 March 2024 370,895 14.891 92,203 477,989 Freehold land and buildings comprise the company headquarters at Marsh Street, Hanley (cost £141,900 valuation £170,000) and properbes held for the provision of housing (cost £238,928). The land and buildings were valued in 1999 by McGarrigle and Company. Chartered Surveyors and Valuers. Assets were valued on the basis of 'the market value of the freehold interest in the property in its current physical condition, as defined by the RICS valuation professional standards. On transition to FRS 102 the Trustees, have taken the decision to use the valuation at 1999 as the deemed cost of the property. Included in the total land and buildings is £177,500 which relates to land on which no depreciation has been charged. Fixed assets are held for direct charitable purposes. Securty enhanMentS have been induded within additions to office fumiture and equipment. If the land and buildings had not been included at valuation they would have been included under the historical cost convention as follows". 2025 2024 Cost Accumulated Depreciation 473,328 144,356 473,328 138,439 Net Book Value 328.972 334,889 Page 30
North Staffs Mind NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2025 13 DEBTORS 2025 2024 Trade debtors Prepayments and accrued incorne Other debtors 128,991 87,540 2.016 89,163 69,809 1,124 218,647 160,096 14 SHORT TERM DEPOSITS 2026 2024 Treasury reserve account 264,254 503,843 15 CASH AT BANK AND IN HAND 2026 2024 Cash at bank and in hand Charities official investrnent fund 580,990 157,009 458.078 124,354 737,999 582,432 16 CREDITORS: Amounts falling due wilhin one year 2025 2024 Trade credrtors Other taxes and social security Accfuals Deferred income (see note 17) Other Credrtors 45,039 28,838 32,615 120.212 942 86,672 22,518 45,934 129,592 5,773 227,646 290,489 Page 31
North Staffs Mind NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2025 17 DEFERRED INCOME The movements for the year as follows: At1 April 2024 ReceNed Released At31 March 2025 Deferred income 129,592 344.474 (353,854) 120,212 18 STATEMENT OF FUNDS At1 April 2024 Income At31 March 2025 Expenditure Transfers UNRESTRICTED FUNDS General fund 1,338,467 2,338,124 {2.350.007) (117.695) 1,208,889 Deswnated fvnds.. Service Improvement and Devdopment Marsh Street Development Refurt)ishment of 30 Stanley st. 3,000 20,570 45.691 (2,972) (8.293) (28) 17,723 100,000 30,000 145,691 1,407,728 2,338.124 (2.361.272) 1,384,580 RESTRICTED FUNDS SCESS Parogon Donation 5,567 (5,567) (26,143) 26,143 26,143 5.567 (31.710) TOTAL FUNDS 1,433,871 2,343,691 {2,392.982) 1.384,580 Unrestricted Funds The general fijnds represent the unrestricted funds of the charty that are not designated for particular purposes. Page 32
North Staffs Mind NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2025 The designated funds are as follows: Marsh Street Development- for future fS as we get planning approval and cost the project to enable creab.on of a funding proposal for the build. Refurbishment of 30 Stanley Street- investment in refuTbishment of our residential units at 30 Stanley Street. Transfers £117,695 has been transferred from the general fund to the designated funds as agreed by the board of trustees to ensure that adequate levels of funding are available to deliver the required developments. Restrlcted Funds The restricted funds represent the following contracts to supply specific ServIS for adults and young people. £5,567 of the restricted funds income relates to funding from Mind {National Association for Mental Health) fortheir SCESS projectto provide supportto 11-18 year olds through delivering group support and 1.1 guided sdf help sessions. STATEMENT OF FUNDS 2024 At1 April 2023 Income At31 March 2024 Expenditure Transfers UNRESTRICTED FUNDS General fvnd 1.092,525 2.417,318 (2,119,238) (52,138) 1.338,467 De&gnated funds." servi Improvetnent and Development Marsh Street Development Refurbishmerrt of 30 Stanley St. 3.000 20,000 55,000 3,000 20,570 45.691 (19.430) (41,447) 20,000 32,138 1.170,525 2.417,318 {2,180.115) 1.407,728 RESTRICTED FUNDS Cost of Living Fund SCESS EIIPL Parogon Donation 18,000 34,047 280 (18,000) (39.521) (869) 5.474 589 26,143 26.143 32.206 52.327 (58.390) 26,143 TOTAL FUNDS 1,202,731 2,469,645 (2,238,505) 1.433.871 Page 33
North Staffs Mind NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2025 18 STATEMENT OF FUNDS (CONTINUED) Unrestricted Funds The general funds represent the unrestricted funds of the charity thal are not designated for particular purposes. The designated funds are as follows: Service Improvement and Development - funding for continuing professional development activity. Marsh Street Development investment in the cation of plans for our Marsh Street redevelopment project. This will take us to planning and approval and allows us to create a funding strategy for the build phase. Refurbishment of 30 Stanley Street- investment in refurt>ishment of our residential unils at 30 Stanley strt. Transfers £52,138 has been transferred from the general fund to the designated funds as agreed by the board of trustees to ensure that adequate levels of funding are available to deliver the required developments. Restricted Funds The restricted funds represent the following contracts to supply specffic servi$ for adults and young people. £18,000 of the restricted funds income relates to funding from Mind (National Association for Mental Health) through the Cost of Living FurKI to provide support and counselling services to users of the local food banks. £34,047 of the restricted funds incofne relates lo fundirKJ from Mind {NationaS Association for Mental Health) for their SCESS project to provKle support to 11-18 year olds through delivering group support and 1.1 guided self help sessions. £280 of the restricted funds income relates to funding from Mind (National Association for Mental Health) for their El IPL project to embed a viide range of dtverse approached in equality, infiuence and participation to shape the organisation and the services it provides. Page 34
North Staffs Mind NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2025 19 ANALYSIS OF NEf ASSETS BETWEEN FUNDS Unrestrlcted Unrestricted funds funds Designated General funds funds Restricted funds Total Funds Intangible fixed assets Tangible fixed assets Debtors Short term deposits Cash at bank and in hand Creditors due within one year (130.246) 521.672 218.547 264,254 562,308 {227,646) (130,246) 621,672 218,547 264,254 737,999 (227,646) 175,691 Total nel assets 1,208,889 175.691 1,384,580 ANALYSIS OF NET ASSETS BETVEEN FUNDS 2024 Unrestricted Unrestricted funds funds Designated General funds funds Restricted funds Total Funds Tangible fixed assets Debtors Short tem deposits Cash at bank and in hand Creditors due within one year 477,989 160,096 503,843 487,028 (290,489) 477,989 160,096 S03,843 582,432 (290,489) 69.261 26,143 Totsl net assets 1,338.467 69.261 26.143 1,433,871 20 FINANCIAL INSTRUMENTS 2025 2024 Financial assets measured at fair value through profft or loss Finanaal assets measured at amortised cost Financial liabilities measured at amortised cost 1,002.254 1.086.275 188,114 77,654 131,471 138.382 Financial assets measured at fair value through the profft and loss include cash at bank and in hand and short tem deposits. Financial assets measured at amortised cost indude trade debtors and accrued incorne. Financial liabiltti'es measured at amortised cost include trade creditors. accruals and other creditors. Page 35
North Staffs Mind NOTES TO THE FINANCIAL STATEMENTS for the year ended 31 March 2025 21 RECONCILIATION OF NET INCOMEI(EXPENDITURE) TO NET CASH FLOW FROM OPERATING ACTIVITIES 2025 2024 Net incomel(expenditure) for year {49,291) 231,140 Net interest reeÉivable Depreciation of tsngible fixed assets Amortisation of intangible fixed assets Impairment of intangible fixed assets (Increase)IDecrease in debtors Increasel{Decrease) in creditors (22.639) 44,987 (8,068) (21,836) (58,451) (62,843) {15.885) 18.272 32.465 59,180 1178,041) 325.172 22 ANALYSIS OF CHANGES IN NET DEBT 31 March 2024 Cash flows 31 March 2025 Cash and cash equivalents 582,432 155,567 737,999 Totsl net debt 582.432 155,567 737,999 23 COMMITMENTS There were no capital commilments at the year end (2024.. £nil). Operating lease commttments with regard to nOn-CanlIable operating leases are as follows: 2025 2024 Land and buildings Land and buildings Other other Operaling leases which expire.. Within 1 year Wrthin 2-5 years 82,536 4,191 3,785 37,618 29.372 4,049 7,213 24 RELATED PARTY TRANSACTIONS There have been no related party transactions. Page 36