THE RE:MINDS GROUP CIC

Company limited by guarantee

Company Registration Number:
12546722 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2024

Period of accounts

Start date: 1 May 2023

End date: 30 April 2024

THE RE:MINDS GROUP CIC

Contents of the Financial Statements

for the Period Ended 30 April 2024

Directors report
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

THE RE:MINDS GROUP CIC

Directors' report period ended 30 April 2024

The directors present their report with the financial statements of the company for the period ended 30 April 2024

Principal activities of the company

The principal activity of the company during the year under review was a support organisation. for families whose children and young people have mental health issues, Autism and ADHD or other neurological conditions. Re:Minds creates a safe space for these people to be seen, heard and supported. During this year Re:Minds has increased their offer of courses for parents to learn more about autism and ADHD and how to support their child. The number of families being supported is now over 4500 an increase of over 1000 in the last year and this reflects the increased demand of local services especially health and education.



Directors

The directors shown below have held office during the whole of the period from
1 May 2023 to 30 April 2024

G Waring
A Carey


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
30 August 2024

And signed on behalf of the board by:
Name: G Waring
Status: Director

THE RE:MINDS GROUP CIC

Balance sheet

As at 30 April 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 6,413 3,395
Total fixed assets: 6,413 3,395
Current assets
Cash at bank and in hand: 324,139 266,444
Total current assets: 324,139 266,444
Creditors: amounts falling due within one year: 4 ( 160,753 ) ( 100,946 )
Net current assets (liabilities): 163,386 165,498
Total assets less current liabilities: 169,799 168,893
Total net assets (liabilities): 169,799 168,893
Members' funds
Profit and loss account: 169,799 168,893
Total members' funds: 169,799 168,893

The notes form part of these financial statements

THE RE:MINDS GROUP CIC

Balance sheet statements

For the year ending 30 April 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 30 August 2024
and signed on behalf of the board by:

Name: G Waring
Status: Director

The notes form part of these financial statements

THE RE:MINDS GROUP CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Revenue from the sale of goods is recognised when all the following conditions are satisfied: the Company has transferred to the buyer the significant risks and rewards of ownership of the goods; the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; the amount of revenue can be measured reliably; it is probable that the economic benefits associated with the transaction will flow to the Company; and the costs incurred or to be incurred in respect of the transaction can be measured reliably. Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

    Tangible fixed assets depreciation policy

    Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses. At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss. Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life: Furniture, fittings and equipment 25% Reducing balance

    Other accounting policies

    Taxation Income tax expense represents the sum of the tax currently payable and deferred tax. The tax currently payable is based on taxable profit for the year. Taxable profit differs from the surplus as reported in the income and expenditure account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Trade and other debtors Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts. Defined contribution pensions The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations. The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

THE RE:MINDS GROUP CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 12 6

THE RE:MINDS GROUP CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 May 2023 6,077 6,077
Additions 5,156 5,156
Disposals
Revaluations
Transfers
At 30 April 2024 11,233 11,233
Depreciation
At 1 May 2023 2,682 2,682
Charge for year 2,138 2,138
On disposals
Other adjustments
At 30 April 2024 4,820 4,820
Net book value
At 30 April 2024 6,413 6,413
At 30 April 2023 3,395 3,395

THE RE:MINDS GROUP CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 786 2,447
Accruals and deferred income 159,967 98,499
Total 160,753 100,946

COMMUNITY INTEREST ANNUAL REPORT

THE RE:MINDS GROUP CIC

Company Number: 12546722 (England and Wales)

Year Ending: 30 April 2024

Company activities and impact

The Re:Minds Group CIC is the primary link between Southampton Specialist CAMHS and families whose children are neurodiverse &/or have mental health needs. They support over 4000 families across Southampton and Hampshire. Re:Minds offer support groups, advice clinics, courses in autism and ADHD and parental wellbeing, speakers, workshops, 1:1 advice, signposting and a library of resources to support local families. . Re:Minds also represents families views and experiences at meetings with the ICB, NHS and education services in Southampton and Hampshire. They help redesign pathways and link parents and professionals.

Consultation with stakeholders

Re:Minds have a number of other stakeholders, the main one being the NHS HAMPSHIRE AND ISLE OF WIGHT INTEGRATED CARE BOARD and SOUTHAMPTON CITY COUNCIL, for any work with them we have 4-6 weekly meetings to give updates and then write written reports quarterly. Any feedback from the ICB and Southampton City Council has been acted upon, such as a request for a breakdown of the geographical location of members. Our feedback to the ICB and Southampton City Council has helped to shape changes for families using the services. We have received funding from Southampton City Council and the NHS Integrated Commissioning Board each project was reported on quarterly and the outcomes and impact shared.

Directors' remuneration

There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
30 August 2024

And signed on behalf of the board by:
Name: G Waring
Status: Director