REGISTERED CHARITY NUMBER: SC050100 R ort of the Trustees and Unaudited Financial Statements for the Year nded 30 A ril 2024 11 Wellbein Hub
A 11 Wellbein Hub Contents of the Financial Statements for the Year Ended 30 A ri12024 Page Report of the Trustees Independent Examinerfs Report Statement of Financial Adivities Balance Sheet Notes to the Finanaal Statements 7 to 14 Detailed St*ement of Financial Activtties 15 to 16
Ar 11 Wellbein Hub Re ort of the Trustees for the Year Ended 30 A ril 20 The trustees present their report with the financial statements of the Gharily for the year ended 30 April 2024. The trustees have adopted the provisions of Accounting and Reporting by Charities. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) {effective l January 2019). The Trustees are pleased to present their annual report together with the financial statements of the charity for the period ending 30 April 2024 which are also prepared to rneet the requirements for a Trustees, Report and accounts for OSCR purposes. OBJECTIVES AND ACTIVITIES Objectives and aims The aim of Argyll Wellbeing Hub is for the public benefit, the relief and assistance of people in need of support in any part of Oban or Argyll who are suffering suicidal thoughts and or mental health problems by supplying them with peer support and recovery options through wellbeing activities. The name of the organisation is Argyll Wellbeing Hub SCIO The organisation's purposes are.. - The advancement of health and wellbeing The promotion of safe talking To provide wèllbeing activities that aid recovery and inclusion The promotion of awareness raising regarding suicide and mental health To challenge stigma and discrimination towards rnental ill health To provide fundraising for sustainability of the charity Significant activities Argyll Wellbeing Hub will achieve the outcomes of the prevention of suicide and the improvement of wellbeing for the public benefit in particular by providing the followng_' Providing peer support Providing general support Raising awareness of the signs of poor mental health Providing a safe space for wellbeing activities Training for staff and volunteers in suicide intervention Offering alternative therapie5 to support mental health and wellbeing Argyll Wellbeing Hub understands that not everyone is the same and this is important to our charity to recognise. We are fully supportive of diver511y and inclusion. AWH wants to capture the differences in who we are and how we think, also the experientss we have through peer support and leaming. Pag8 1
Ar 11 Wellbein Hub ort of the Trustees for the Year Ended 30 A ril 2024 ACHIEVEMENT AND PERFORMANCE Charitabl8 activities Dunng the year, the charity continued to run a programme of group meetings covering a men's group and a ladies, group as well as a mixed bereavement 5UPPOrt group. Groups met weekly lo offer a place to talk and allow attendees to provide and receive support from one another. Volunteers facilitate groups to assist members to talk and be listened to and supported. Training sessions were run in Mental Health First Aid and ASIST. The weekly walking groups continued and they have been running well. The groups run lce a week and we are grateful to Dunollie Estate for the use of a Spa to stop and have coffee and chat at the end of the walks. Boat trips to the islands continued to let people connect and see the beautrful surroundings we have to offer. We also partnered with Home Start Lom and organised walks with local parents and children alongside our group members. A local acupuncture practitioner, Elernental Wellness, offered lo provide acupuncture to our groups and this has been running every Friday and proving popular. We are now able to offef Cognitive Behavioural Therapy sessions and counselling sessions through two loGal counsellors. FINANCIAL REVIEW Flnancial position At the year end the charity had £929 in unrestri¢led funds. The Trustees have been meeting regularly to discuss the financial position and since the year end grants have been received to assist with our unrestricted running costs. At the time of signing the accounts we are waiting to hear about further grants that have been applied for. The trustees continue to monitor the financial situation and have plans in place should funding not be forthcoming. We currently have funding in place to cover our main cost - being Staff wages. Principal funding sourcos The charity's principal funding sources are grants received from grantrnaking funders as shown in the notes lo the ststement of finanGial activities. We also receive donations from mernbers of the local public. We are very grateful for both sources of income. Reserves policy The charity has a policy of trying to retain general reseNes equal to 3 months of our regular costs. It is difficutt to establish more than this given our premises running costs and staffing costs. FUTURE PLANS The charity went through a period of signrficant expansion in the work it did and tried various activities and partnerships. We have found our most effective activities are our core ones of weekly peer mèetings, weekly walks and Ihe counselling and acupuncture sessions. For the foreseeablè future, we intend to stick to these core adivities. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is a Scottish Charitable Incorporated Organisation and is controlled by its goveming document, its Memorandum and Articles of Association. Page 2
A 11 Wellbein Hub Re for ort of Ihe Trustees ril 2024 STRUCTURE, GOVERNANCE AND MANAGEMENT Rocrultment and appointment of new trustees Truslees ar8 identified by CLArrent truslees and staff of the charity and approached where It Is fell they can add expertise and resources New trustees are proposed 8t board meetings and a vote 18 taken as to whether they should be appointed. Organlsallonal structure The charity is overseen by its board ol Trustees who meet regularly through the year. Day lo day running of the charity is delegated to our employees who are currently employed full time. Employees were employed part time during the year under review. REFERENCE ANO ADMINISTRATIVE DETAILS Registargd Charity numb8r SC050100 Prlnclpal address Dunollie Halls Breadalbane Street Oban Argyll PA34 SPH Indèpendent Examiner Mackay & Co CA Golspie Business Park Golspie Sutherland KW10 6UB Approved by order of the bcard of truslees on behalf by.. and signed on rt8 Page 3
ndent Examinees R Hub I report on the accounts for Ihe year ended 30 April 2024 set out on pages fNe to fourteen. Re3pectlve responjlblllttes ol trustees and exomin•r Thg ¢harity's tru6t8e$ arè r8sponsible for the preparation Of thè a¢eA)unts In &cordan¢e with the terms ol th& Charitles and Trust Inveslrnenl IScotlarKEI Act 21]05 and the Charilies Accounls (Scottand) Regulations 2006 {a5 amended}. The charity's truste88 consider that the audit requifemenl of Regulation 10(11{al to Ic> of the Account$ Raoulation8 does not apply. It is my sponsrbility to examine th8 accounts as required uTrJer Section 44(1){¢l of the Acl and to slate whether particular matter8 have come to my attention. Be818 ol the Indendent examine5 report My examination was Garried cut in accordance with Regulatlon 11 ot the Charits'•s Accounts ISco118nd) Regulations 20C6. An examination irldeS a reviéw of the accountlng re¢dS kept by the chafity and a compari50n of the accounts presented with those rfird8. It also includes consideration of any unusual item5 Qr disclosures in the accounts, and se8king explanatlons from you as trtee$ conceming any such mattars. The prcc8dur88 und8rtakèn do not provlde all the evInCe th31 V•rsuld be rgquired in an audrt, 8nd consequentty I do not expres8 an audit opinion on the view given ty the o¢Cunts. Independent examlner's statement In conneLion wbth my 8x8mination, no matter has comè to my 8ttenlk)n '. (1) which givès mo r8a$onable ¢au88 lo bglleve tha( in any material resFect, the requirornenls to keép accounting records In accordanGe wtth Section 4411)1al ol the 2005 Act avd Regulation 4 of Ihe 2006 Accounts R&Julalions,' and to prepare accounts which accord wth the a¢rAiunting records and to comply vrith Regulation 8 of the 20( Accounts Regulati?n8 have not been ffl', or (21 to whKh, In my opinion, allenlion should be thawn in order to enable a proper underslanding of the accounls to be reached. Mackay & Co CA Unit 8 GoI5e Bu5inEs$ Park Golspie Suthwland KW1Q 6UB Date.. Page 4
11 Wellbein Hub Statement of Financial Activitie or the Year Ended 30 A ri12024 30.4.24 Total funds 30.4.23 Total funds Unrestricted Restricted fund5 funds Notes INCOME AND ENDOWMENTS FROM Donations and18gacies 12,902 12.902 13.618 Choritable actlvltles Sui¢id8 prevention and mental health promotion 2,4SO 72.076 74,526 43.700 Other trading activities 2,144 2,144 1,678 Total 17,496 72,076 89,572 58,996 EXPENDITURE ON Raising funds 1,888 1,888 636 Charltabl• actlvltlos Suicide prevention and m8ntal health promotion 25,589 87,701 93,290 110,318 Total 27,477 87,701 95,178 110,954 NET INCOMEIIEXPENDITURE Tran•l•r• b•tween funds (9,9811 2,041 4.375 {2.0411 {5.6061 (51,958) Net movem•nt In fund• (7,9401 2,334 {5.606) 151,958) RECONCILIATION OF FUNDS Total funds brought forward 8,869 11.028 19,897 71.855 TOTAL FUNDS CARRIED FORWARD 929 13.362 14,291 19,897 The notes form part of these financial statements Page 5
A 11 Wellbein Hub Balance Sheet ri12024 30.4.24 Total funds 30.4.23 Total funds Unrestricted Restricted funds funds Notes FIXED ASSETS Tangible assets 693 693 924 CURRENT ASSETS Cash at bank and in hand 2,639 35.882 38,501 74,421 CREDITORS Amounls falling due wthin one year (2,4031 122,500) {24,9031 {55,448) NET CURRENT ASSETS 236 13,382 13,598 18,973 TOTAL ASSETS LESS CURRENT LIABILITIES 929 13,382 14,291 19,897 NET ASSETS 929 13,362 14,291 19,897 FUNDS Unrestricted funds Rèstricted funds 929 13,362 8,869 11,028 TOTAL FUNDS 14,291 19,897 The financial statements W8re approved by the Board of Tru8tees and authori8ed for i$8ue on . and were signed on rt5 behalf by.. The notes form part of these financial statements Page 6
Ar 11 Wellbein Hub Notes to the Financial Statemenls for the Year Ended 30 ril 2024 ACCOUNTING POLICIES Basls of preparing the financial statements The financial statements of the charTrty, which is a public bènefit entity under FRS 102, have been prepared in accordance with the Charities SORP {FRS 102> 'Accounting and Reporting by Charities= Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of 5reland (FRS 102) (effective 1 January 2019),, Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Charities and Trustee Investment (Scotland} Act 2005. The financial statements have been prepared under the historical cost convention. Income All inry)m8 is recognised in the Statement of Financial Artivities once the charity has entitlement to the funds. it is probable that the income will be received and the amount Can be measured reliably. Where a time period is specified as part of a grant award, the recognrtion of part or whole of the grant relating lo after the year end is deferred to the later year. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructtve obligation committing the charity to that expenditu. it is probable that a transfer of economic benefits 11 be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been Glassified under headings that aggregate all Cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. Tangible fixed assets Depreciation 15 provided at the following annual rates in order lo write off each asset over its estimated useful life. Taxation The charity is exempt from tax on its charitable activities. Fund accounting Unrestricted funds can be used in accordance with the charilable objectives at the discretion of the trustees. Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restriction$ arise when specified by the donor or when funds are raised for particular restncted purposes. Further explanation of the nature and purpose of eath fund is included in the notes to the financial statements. Hire purchase and lea8ing commltments Rentals paid under operating leases are charged to the Statement of Financial Activities on a slraighl line basis over the period of the lease. Page 7 ¢ontinued...
Ar 11 Wellbein Hub Notes to the Financial Statements - continued for the Year Ended 30 ril 2024 ACCOUNTING POLICIES- contlnued Ponslon costs and other post-retlrement benefits The charity operates a defined conlnbution pension scheme. Contributions payable to the charity's pension scheme are charged to the Statement of Financial Activities in the period to which they rela18. OTHER TRADING ACTIVITIES 30.4.24 30.4.23 Sale of merchandise Room hire 70 2.074 70 1,608 2,144 1,678 INCOME FROM CHARITABLE ACTIVITIES 30.4.24 30.4.23 Activity Suicide prevention and mental health promotion Grants 74,526 43,700 Grants received, included in the above, are a8 follows.. 30.4.24 30.4.23 Scottish Book Trust The Corra Foundation National Lottery Scottish Sea Farm8 Foundation Scotland Calmac Argyll & Bute council Tesco West Highland Housing Association Garfield Weston NHS Souter Charitable Trust 500 23,000 7,500 5,000 31,500 5.000 2,000 3,500 1,000 1,200 20,576 10,000 5,000 2,450 74.526 43.71)) Page 8 continued...
11 Wellbein Hub Notes to the Financial Statements - continued h Year Ended 30 A ri12024 TRUSTEES. REMUNERATION AND BENEFITS There were no trustees, remuneration or other benefits for the year ended 30 April 2024 nor for Ihe year ended 30 April 2023. Trustees. expenses 30.4.24 30.4.23 Trustees, expenses 152 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted Restricted funds funds Total funds INCOME AND ENDOWMENTS FROM Donations and legacies 13,618 13,618 Charltable actlvltlèa Suicide prevention and mental health promotion 43,700 43,700 Other trading aGtivilies 1,678 1,878 Total 15,296 43,700 58,996 EXPENDITURE ON Raising funds 638 636 Charltable actlvltles Suicide prevention and mental health promotion 75,634 110,318 Total 35,320 75,634 110,954 NET INCOMEIIEXPENDITURE) Transfers tWeen funds (20,024} 11,167) (31,934) 1,167 151,9581 Net movemont In funds (21,191) (30,767) 151,9581 RECONCILIATION OF FUNDS Total funds brought fonNard 30,060 41,795 71.855 TOTAL FUNDS CARRIED FORWARD 8,869 11,028 19,897 Page 9 ontinued...
Ar 11 Wellbein Hub Notes to the Financial Statements - conlinued for the Year Ended 30 A ri12024 TANGIBLE FIXED ASSETS Computer equipment COST At 1 May 2023 and 30 April 2024 1,848 DEPRECIATION At 1 May 2023 Charge for year 924 231 At 30 April 2024 1.155 NET BOOK VALUE At 30 April 2024 693 At 30 April 2023 924 CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR 30.4.24 30.4.23 Trade creditors Taxation and social security Other creditors 325 2,247 52,876 1,501 23,402 24,903 SS,448 Page 10 continued...
Ar 11 Wellbein Hub Notes to the Financial Statements - continue for the Year Ended 30 A ri12024 MOVEMENT IN FUNDS Net movement in funds Transfers been funds At 30.4.24 At 1.5.23 Unrestrictsd funds General fund Training 6,869 2,000 19,9811 4,041 (2,000) 929 8,869 (9,9811 2,041 929 ReslrlGt•d fund$ Book Trust Calmac fund Women's Fund Young Person's Fund Argyll & Bute TSI Oban Pride Tesco fund Mental Heatth First Aid Training Counselling service Climate Action Seed Fund Garfield Weston Self Management 590 1,308 (301 {1,2111 1,336 15601 97 1,336 978 10 1,420 952 5,000 770 1978) 217 (45) 1675) 5.812 <1,3751 {2771 (5,0001 (767) 1,500 2,500 1,887 6,039 1,500 2,500 1,887 11,028 4,375 (2,041) 13,362 TOTAL FUNDS 19,897 (5,606) 14,291 Page11 continued...
11 Wellbein Hub Notes to the Financial Statements - continued for the Year Ended 30 A r¢1 2024 MOVEMENT IN FUNDS - ¢ontlnuad Net movement in funds, included in the above are as follows.. Incoming Resources Movement resources expended in funds Unrestricted funds General fund 17.496 (27,477) (9,981 } R•strl¢led funds Book Trust Calrnac fund Lottery Fund Women's Fund Argyll & Bule TSI Oban Pride Tesco fund Mental Health First Aid Training Counselling seTvice Climate Action Seed Fund Garfield Weston Sèlf Management {30) (1.211) (31,500) (3,664) (10,764} (1,375} 1277} (5,000) 13,267} 130} (1,211} 31,500 5,000 16,576 1,338 5,812 (1,375} (2771 (5,0001 {7671 1,500 2,500 1,887 2,500 1,500 10,000 5,000 (7,500} 13,1131 72.078 (67,7011 4,375 TOTAL FUNDS 89.572 (95,178) (5,6061 Page 12 continued..
Ar 11 Wellbein Hub Notes to the Financial Statements - continued for the Year Ended 30 ril 2024 MOVEMENT IN FUNDS - continued Comparatives for movement in funds Net movement in funds Transfers behveen funds At 30.4.23 At 1.5.22 Unrostricted funds General fund Training 28,060 2,OC (20,024) {1,167) 6,869 2.000 30,060 (20,024} (1,167) 8,869 Restricted funds Adapt & Thrive Book Trust Calmac fund Young Person's Fund Foundation Scotland Argyll & Bule TSI Corra Foundation Oban Pride Tesco fund Mental Health First Aid Training Counselling $8rvice 892 144 2,333 (470) 446 11,0251 978 18,5981 (31,4341 27 1,420 952 5.000 770 (222) 590 1,308 978 8,000 30,626 598 818 {27) 10 1,420 952 5,000 770 41,795 (31,934) 1,167 11,028 TOTAL FUNDS 71,855 151,958) 19,897 Page 13 continued...
I Wellbein Hub Notes to the FinanGial Statements - continued for the Year Ended 30 A n120 MOVEMENT IN FUNDS - Gontinuod Comparative net movement in funds, induded in the above are as follows.. Incoming Resources Movement resources expended in funds Unrestrlctod funds General fund 15.296 (35,3201 (20,024) Restrlcted funds Adapt & Thrive Book Trust Calmac fund Lottery Fund Young Person's Fund Foundation Scolland Argyll & Bute TSI Corra Foundation Oban Pnde Tesco fund Mental Health First Aid Training Counselling service (470) (54) (3.025) (7.500) (22) (8,598) (31.434) (22,973) (1,080) {48) 1470) 446 (1,025) 2,000 7,500 1.000 978 {8.598) 131.434) 27 1,420 952 5,000 770 23,000 2.500 1.000 5.000 1.200 1430> 43.700 (75,6341 {31,9341 TOTAL FUNDS 58,996 (110,954) (51,9581 RELATED PARTY DISCLOSURES There We no related party transactions for the year ended 30 April 2024. Page 14