CHARITY REGISTRATION NUMBER: SC053259 All Minds Unaudited Financial Statements 31 March 2025 NELSON GILMOUR SMITH Chartered accountants Mercantile Chambers 53 Bothwell Street Glasgow G2 6TB
All Minds Financial Statemants Period from 5 April 2024 to 31 March 2025 Page Trustees, annual report Independent examiner's report to the trustees Statement of financial activities Statement of financial position Notes to the financial statements The following page8 do not fomi part of th8 financial statements Detailed statement of financial activities 17 Notes to the detailed statement of financial activities 19
All Minds Trustees. Annual Report Period from 5 April 2024 to 31 March 2025 The trustees present thelr report and the un2udited financial statements of the Gharity for the period ended 31 March 2025. Refergnce and admlnlstratlve details Reglstered charlty name All Minds Charity registratlon number SC053259 Principal office Unit 7 Tre Regent Centre Kirkinblloch G66 1JH The trustees (ApFrf)inted 5 April 2024) (Appointed 10 April 2025) (Appointed 5 April 2024) (Served from 5 April 2024 to 20 February 2025) artner Nelson Gilmour Smith CAS Indapondent oxaminei ercan ambers 53 Bothw811 Street Glasgow G2 6TB structurei governance and managemenl The charity is a Scotti3h Charitable Incorporated Organisation (SCIO) registered as a charity by the Office of the Scotb'sh Charity Regulator on 5 April 2Q24. The charity was originally part of Rookie Rockstars (a Scottish Charity, OSCR No SC045528> and Ihen became a separate charity. The Charity Is govemed by its constitution. The structure of the organlsation consists of the Charity Trustees who are also the organisation's only members and comprise the organlsation's Board. The Board appoints all new Trustees and has the power to remove trustees. The Truslees make all decisions concerning the Charlty.
All Minds Trustees. Annual Report fcontlnuedj Period from 5 April 2024 to 31 March 2025 Objectlvas and activities The crganisation is established for charitable purposes only. and in particular, the objects are., To provide children's counselling and play therapy in primary schools. To provide counselling to young people in secondary schools. To provide subsidised and free mental health mentoring and counselling to young people aged 4-18 and adults. The provision and organisation of recreational activities to improve mental health for children and adults. The area within which the organisation shall operate (in this constitution referred to as the 'Area of Benefit,) shall be Scotland and the surrounding areas. The organisation shall promote {but not promote exclusivety) its 8Ctivities and deliv&ry operaticns to people within the'Area of Benefit,, These people will be the organisation's beneficiaries,
All Minds Tru8t6es' An nual Roport (conllnued) Period from 5 April 2024 to 31 March 2025 Achievements and perfomiance 'All Minds, eounselling service gained charity status on 5th April 2024, havlng prevlousty en called Rookie Minds, which was a division of another charity called Rockie Rockstars {sc045528). At the time of the separation, we were delivering our counselling service In seven schools with independent contracts (6 primary schools and 1 secondary school), and wè were the offlcial counselling seNice for Stirling Council primary schools. We continued with all of these contracts Into the next aGadernic year. We also continued delivering our counselling 6ervice wlthin our base5 In East Dunbartonshire and Falkirk, where we offer play therapy sessions for young people and counselling for all ages. These are open-ended sessions. In July 2024 we launched our retail department, starting online by opening an official Ebay store. then opening a physical shop in Kirkintilloch in November 2024, we called "Thrift Avenue In November 2024 we were awarded a place on the procurement list of Dumfries and Galloway Council as an official supplier for schtxjls. In December 2024. we started "Bright Minds our youth club on Saturdays, whiGh was primarily aimed at children aged 7 - 11, and focused on Graft and social Skills. Thls was a popular club whore we were able to build relationships wlth the local families. Following receipt of a generou8 grant of £7,500 fn)m the EDVA Mental Health and Wellbeing Fund, we were able to start a pilot for our free service for adults wFlh neurodiversity In January 2025. In February 2025. we joined the COSCA (Counselllng and Psychotherapy in Scotland} accredited register. Not only does this highlight our commitment to provlding the absolute best Servi in our field to the highest standards, but also gNe8 us access to exceptional prcfessional support, frameworks and the ability to have a say in the future of counselling irn Scotland. Due to rent increases In our prniSeS, in March 2026 we moved to another unit in Kirkinlilloch where we were able to save our resources while we searched for somewhere mre cost effective for our se1. Our Falkirt( service moved from our rented unit on Grahams Road, to the beautiful Callander House, which has proven to be an excellent rTh)ve as local clients have only posity've feedback on the new locatK)n for their sessions. Durtng the year we received grant51donations from EDVA (£7,500), Souter Charitable Trust (£3,000 for overheads>, The Riada Twst (£2.000), Groundwork (£1,125)} and £1,000 from eacth of Arnold Clark, Plumbase Hillhe&d Hockey Club and the Mugdock Twst as well as other smaller grants and donatlons allowing us to offer free counselling sessions. Tr8inlng During the year, our counsellors h June 2024, this was delivered by three days of training, provided by All Minds. In nd was focLtsed on working therapeutiGally with groups. In December 2024, we received salf-hami awareness tralning from the Self-Harm Neiwork Scotlgnd. We developed a survey for Dur counsellors which was circulated In January 2025, to ask for feedback on previous training, and suggestions for what would be considered the most valuable topics for future sessions. Following this. we booked a tralning session for Aprll 2025 entitled 'lntroductian to Neuro-Affirmative Practice,, delivered by Free2BMe. Our next training event will be in June 2025, and will ba focused on diversity, equity, and inclusion.
All Minds Trustees. Annual Report Iconlinuod) Period from 5 April 2024 to 31 March 2025 Financial review The charily was originally part ol Rookie Rockslars la Scottish Charity. OSCR No SC045528) and then became a separate charity on 5 Aprll 2025. The income lor the year was £480,941 (including £55.000 donated from Rookie Rockstars) and had expenditure of £356.638 leaving a surplus of £124,303. Reserves All Minds principal funding is from schools. so this means we have less payments coming in during the summer months. At this time we use reserves lo ensure we are able lo pay slaff. Our reseryes policy ensures that we hold Ihree months experKJilure, which equates to around £IOO,000. We ar8 able to use this lo cover staff wages and other overheads over the summer monlhs. The charity has Iree reserves of £116.317 and restricted reserves of £8,500. Plans lor futurg perlods In May 2025, we created a partnership with a local drama group where with generous fundiThJ from The Robertson Trust, we were able to offer drama therapy sessions from our base in Kirkinlilloch. In May 2025 we also were successful in gaining a grant of £15,000 from the David Riddell Memorial CIO. This will be used lo oller one day ot free children and young people's ¢ounselling, and one day of free adult counselling. focusing on those struggling with suicidal ideation. Thesg seNices will start in August 2025, and are funded for one school year. This funding has also allowed us to print business cards wilh the details ol All Minds on one side, and with the details for a number of more acute and emergency services on the other, lo hand out lo all our clients, and to promote in the community. We are in ihe process of applying for COSCA trainlng acGreditalion to become a training school for COSCA counselling skills. We werg awarded an additlonal y8ar's contract working with Slirling Council in their schools. We are actiV81y workiw to loin the procurement lists to be regislergd suppliers in other councils. We will be slarting our free adult suicide prevention service in KirkinlilloGh, and continuing our fre8 children and young people's service. We will be moving premises in 2025 to within the Kirlunlilloch town cenlre, where we will be offering our ¢ouns8lling sessions and holding more creative therapies and clubs. We will seeking other premises to open more shops in our retail deparlmenl, and continu8 growing our online tall business. The Iruslees, annual report was aFvroveé on b ALUSt 2025 and siglled on behalf of the knafd of trustees by.. Trus18e
All Minds Independent Examiner's Report to the Trustees of All Minds Period from 5 April 2024 to 31 March 2025 I report to the trustees on my examination of the financial statements of All Minds {'the charity,) for the period ended 31 March 2025. Responsibilities and basis of report As the trustees of the charity you are responsible fcr the preparation of the financial statements in accordance with the requirements of the Charities and Trustee Investment (Scotland) Act 2005 (the '2005 Act,) and the Charities Accounts (Scotlandl Regulations 2006 las amended). You are satisfied that your charity is not required by charity law to be audited and have chosen instead to have an independent examination. I report in respect of my examin£tion of the charity's financial statements as carried out under section 44{1)Ic) of the 2005 Act. In carying out my examination I have followed the requirements of Regulation 11 of the Charities Accounts (Scotland) Regulations 2006 {as amended). Independent examiner's statement Since the charity has prepared its accounts on an accruals basis your examiner must be a member of a body listed in Regulation 11(2) of the Charities Accounts (Scotlandl Regulations 2006 las amended). I can confirm that l am qualified to undertake the examination because l am a registered member of ICAS which is one of the listed bodies. I have completed my examin8tion. I confirm that no mallers have come to my attention giving me cause to believe that in any material respect.. accounting records were not kept as required by section 4411){a) of the 2005 Act and Regulation 4 of the Charities Accounts (Scotland) Regulations 2006 (as amended), or the financial statements do not accord wrth those records" or the financial statements do not comply with the accounting requirements of Regulation 8 of the Charities Accounts (Scotland) Regulations 2005 (as amended). I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached Nelson Gilmour Smith GAS Independent Examiner Mercantile Chambers 53 8othwell Street Glasgow G2 6TB
All Minds statement of Financial Activities Period from 5 April 2024 to 31 March 2025 Period from 5 Apr 24 to 31 Mar 25 Unrestricted Restricted funds funds Total funds Note Income and endowments Donations and legacies Charrtable activities Other trading activities Other income 62,816 372,665 15,724 14,611 15,125 77,941 372,665 15,724 14,611 Total income 465,816 15,125 480,941 Expendlture Expenditure on raising funds.. Costs of other trading activities Expenditure on charitable activities Total expendlture 13,664 336.349 350,013 9,10 13,664 342,974 356,638 6,625 8,625 Net income and net movement In funds 115,803 8,500 124,303 Reconclllation of funds Total fvnds brought fOard Total funds carrled forward 115,803 8,500 124,303 The statement of financial actlvities includes all gains and losses recognised in the year. All incotne and expenditure derive from conts'nuing activities. The notes on pages 8 to 15 form part of these financlal statements.
All Minds Statement of Financlal Position 31 March 2025 31 Mar 25 Note Fixed assets Tangible fixed assets 15 514 Current assels Debtors Cash al bank and in hand 16 59,688 76,309 135,997 Creditors: 8mounts falllng due wlthln one year Net Current e13 17 12,208 123.789 Total assets less currenl liablllllos 124.303 Net assets 124,303 Funds ol the charity Reslricled funds Unrestricled funds 8,500 115,803 Total charlty tunds 19 124,303 These financial stalemenls were approved by the board of trustees and autk*Jrised lor issue on .Augusl 2025. and are signed on behall ol the board by. Tru•lt7e The notes on pages 8 10 15 lomi part ol these financlal stslemenls.
All Minds Notes to the Financial Statements Period from 5 April 2024 to 31 March 2025 General Information The charity is a public benefit entity and a registered charity in Scotland and is unincorporated. The address of the principal office is Unit 7, The Regent Centre, Kirkintilloch, G66 1JH. Statement of compllance These financial statements have been prepared in compliance with FRS 102, 'The Financial Reporting Standard applicable in th8 UK and the Republic of Ireland,, the Statement of Recommended Practice applicable to chartties preparing their accounts in 2¢cordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (Charities SORP (FRS 102)} and the Charities and Trustee Investrnent {Scotland) Act 2005 and the Charity Accounts {Scotland) Regulations 20C6 (as amended). Accounting policies Basls of preparation The financial statements have been prepared on the historrcal cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through income or expenditure. The financial statements are prepared in sterting, which is the functional currency of the entity. Golng concern There are no material uncertainties about the charity's ability to continue. Fund accounting Unrestricted funds are available for use at the discretion of the trustees to further any of the charity's purposes. Designated funds are unrestricted funds earmarked by the trustees for particular Mture project or commitment. Restricted funds are subjected to restrictions on their expenditure declared by the donor or through the tems of an appeal, and fall into one of two sub-classes: reslricled income funds or endowment funds.
All Minds Notas to the Financial Statements (contlnued) Period from 5 April 2024 to 31 March 2025 Accounting policles fconllnued) Incomlng resources All incoming resources are included in the statement of financial activities when entitlement has passed to the charity,, it is probable that the economic benefits associated with the transaction will flow to the charity and the amount can be reliably measured. The following specific policies are applied to particular categories of income. income from donations cr grants is recognised when there is evidence of entitlement to the gift, receipt is probable and its amount can be measured reliably. legacy income is recognised when reIpt is probable and entitlement is established, income from donated goods is measured at the fair value of the goods unless this is impractical to measure reliably, In which case the value is derived from the cost to the donor or the estimated resale value. Donated facilities and seNices ara recognised in the accounts when received if the value can be reliably measured. No amounts are included for the contribution of general volunteers. income from contracts for the supply of services is recognised with the delivery of the contracted service. This is classified as unrestricted funds unless there is a contractual requirement for rt to be spent on a particular purpose and returned if unspent, in which case it may be regarded as restricted. Resources expended Expenditure is recognis8d on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully r8covered, and is classified under headings of the statement of financial activities to which it relates., expenditure on raising funds includes the costs of all fundraising activities, events, non-charitable trading activities. and the sale of donated goods. expenditure on charitable activities includes all costs incurred by a charity in undertaking activities that further its charitable aims ft)r the benefit of its beneficiaries, including those support costs and costs relating to the governan of the charity apportioned to charitable activities. other expenditure Includes all expenditure that is neither related to raising funds for the Gharty nor part of its expenditure on charitable activities, All costs are allocated to expenditure categories reflecting the use of the resource. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs are apportioned between the activities they contribute to on a reasonable, justifiable and consistent basis. Tangible assets Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses,
All Minds Notes to the Financial Statements (conllnrjed) Period from 5 April 2024 to 31 March 2025 Accounllng pollcles rcontlnug Tanglble assels {contlnugd) An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other recognised gains and losses, unless it reverses a charge for impairment that has previously been recognised as expenditure within the statement of financial activities. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other recognised gains and losses, except to which it offsets any previous revaluation gain, in which cas& the loss is shown within other recognised gains and losses on the statement of financial activities. Depreciatlon Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic lrfe of that asset as follows., Fixtures and fittings 50Yo straight line Impairmont of flxed assets A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment tests'ng, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows trom other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the charity are assigned to those units. Flnancial Instruments A financial asset or a financial liability is recognised only when the charity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initialty recognised at the amount receivable or payable including any related transaction costs. Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or reiVed and not discounted. Debt instruments are subsequentty measured at amortised cost. Vvhere investments in shares are publicly traded or their fair value can otheiSe be measured reliably, the investment is subsequently measured at fair value with changes in fair value re¢ognised in income and expenditure. All other such investments are subsequently measured at cost less impairment. 10
All Minds Notes to the Financial Statements (continued) Period from 5 April 2024 to 31 March 2025 Accounting policies (¢ontinued) Flnancial instruments (contlnuod) Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond normal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. other financial instruments are subsequently measured at fair value, with any changes recognised in the statement of financial activities, with the exception of hedging instruments in a designated hedging relationship. Financial assets that are measured at COSI or amortised cost are reviewed for objective evidence of impaiment at the end of each reporting date. If there is objective evidenGe of impaimient, an impairment loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain was recognised. For all equity instruments regardless of significance. and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised immediat8ly, to the extent that the reversal does not result in a carrying amount of the financlal asset that exceeds what the carying amount would have been had the impairment not previously been recognised. Deflned contribution plans Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided, Prepaid contributions are recognised as an asset to the extent that the pr8payment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as an expense in the period in which it arises. Donations and legacles Unrestricted Funds Restricted Total Funds Funds 2025 Donatlons Donations Donation - Rookie Rockstars 7.816 55,000 7.816 55,000 Grants Grants receivable 15,125 15,125 15,125 62,816 77,941 11
All Minds Notas to the Financial Statements (oontinuedj Period from 5 April 2024 to 31 March 2025 Charrtable actlvltles Unrestricted Total Funds Funds 2025 Counselling 372,865 372,665 Other trading activltlos Unrestricted Total Funds Funds 2025 Fundraising events Shop income & Ebay sales 518 15,206 15,724 518 15.206 15,724 Other Income Unrestrrcted Total Funds Funds 2025 Other income 14,611 14,611 Costs of other tradlng actlviti88 Unrestricted Total Fund8 Funds 2025 Costs of other trading activities- Shop costs Costs of other trading activities - Staging events Costs of other trading activities Advertising and publicity 10,682 737 2,245 13,S64 10,682 737 2,245 13,664 Expenditure on charitable activltles by fund type Unrestricted Funds Restricted Total Funds Funds 2025 Counselling Support costs 333,049 3,300 33S,349 6,625 339,674 3,300 342,974 S,625 12
All Minds Note8 to the Financial Statements (continued) Period from 5 April 2024 to 31 March 2025 10. Expenditure on charltable activities by activlty type Activities undertaken directly Support costs Total funds 2025 Counselling Governance costs 339,674 339,674 3,300 342,974 3,300 3,300 339,674 11. Nel income Net income Is slated after chargingl(crediting)'. 31 Mar 25 Depreciation of tangibla fixed assets 514 12. Independent examination feas Period from 5Apr24to 31 Mar 25 Fees payable to the independent examiner for: Independent examination of the financial statements 2,400 13. Staff costs The total staff ccsts and employee benefits for the reporting period are analysed as follows.. Period from 5Apr24to 31 Mar 25 Wages and salaries Social security costs Employer contributions to pension plans 269,504 11,738 3,891 285,133 The average head count of employees during the period was 20. No employee received employee benefits of more than £60.000 during the year (2024.. Nil). Key Management Personnel Key management personnel include all persons that have authority and responsibilty for planning, directing and controlling the activities of the charity- The total compensation paid to key management personnel for services provided to the charity was £44,195. 13
All Minds Notes to the Financial Statements (contlnued) Period from 5 April 2024 to 31 March 2025 14. Trustee remuneration and expenses The trustees received no remuneration or expenses during the period. 15. Tangible fixed assets Fixtur8s and fittings Cost At 5 April 2024 Additions 1,028 1,028 At 31 March 2025 Depreclation At 5 April 2024 Charge for the period At 31 March 2025 514 514 Carrylng amount At 31 March 2025 514 16. Debtors 31 Mar 25 Trade debtors 59,688 17. Credltors: amounts falling due within one year 31 Mar 25 Accruals and deferred incoffle Social security and other taxes 7,981 4,227 12,208 18. Pensions and other post retirement b8nefits Defined contributlon plans The amount recognised in income or expenditure a5 an expense in relation to defined contribution plans was £3,891.
All Minds Notes to the Financial Statements fcontrfnued) Period from 5 April 2024 to 31 March 2025 19. Analysis of charltable funds Unrestricted funds At 31 March 202 At 5 April 2024 Income Expenditure General funds 465,816 {350.013) 115,803 Restricted funds At 31 Plarch 202 At S April 2024 IncorrE Expenditure Counselling Wages Overhead 4,625 7,500 3,000 15,125 (3,625} 1,000 7,500 {3,000) (6,6251 8.500 Counselling Grants were received for Counselling Wages £7,500 was received from EDVA for wages Ovgrhead A £3,000 grant was received from the Souter Chsritable Trust towards overheads. 20. Analysls of net assets between funds Unrestricted Funds Restricted Total Funds Funds 2025 Tanglble fixed assets Current assets Creditors less than 1 year Net assets 514 127,497 (12,2081 115,803 514 135,997 (12,208) 124,303 8,500 8,500 21. Related partles The charity was originally part of Rookie Rockstars (a Scottish Charity, OSCR No SC045528) and then became a separate charity on 5 April 2025, Rookie Rockstars donated £55,000 to All Minds, No other transactions with related parties were entered into during the year that are required to be disclosed. 15