MINDFORWARD ALLIANCE C.I.C.

Company limited by guarantee

Company Registration Number:
12303584 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 1 January 2024

End date: 31 December 2024

MINDFORWARD ALLIANCE C.I.C.

Contents of the Financial Statements

for the Period Ended 31 December 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

MINDFORWARD ALLIANCE C.I.C.

Directors' report period ended 31 December 2024

The directors present their report with the financial statements of the company for the period ended 31 December 2024

Directors

The directors shown below have held office during the whole of the period from
1 January 2024 to 31 December 2024

Richard Brian Heyworth
Poppy Sultana Jaman
Edward James Thurman
Alison Unsted
John Nicholas Binns


The directors shown below have held office during the period of
1 November 2024 to 31 December 2024

John Michael Flint
Ahmed Jamil Mazhari
Francis Rosario Silvestri


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
25 September 2025

And signed on behalf of the board by:
Name: Alison Unsted
Status: Director

MINDFORWARD ALLIANCE C.I.C.

Profit And Loss Account

for the Period Ended 31 December 2024

2024 2023


£

£
Turnover: 1,527,110 1,537,906
Cost of sales: ( 86,466 ) ( 118,946 )
Gross profit(or loss): 1,440,644 1,418,960
Administrative expenses: ( 1,443,836 ) ( 1,210,161 )
Operating profit(or loss): (3,192) 208,799
Interest receivable and similar income: 9,490 10,184
Interest payable and similar charges: ( 55 ) ( 60 )
Profit(or loss) before tax: 6,243 218,923
Tax: ( 1,424 ) ( 51,348 )
Profit(or loss) for the financial year: 4,819 167,575

MINDFORWARD ALLIANCE C.I.C.

Balance sheet

As at 31 December 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 1,294 1,932
Total fixed assets: 1,294 1,932
Current assets
Debtors: 4 379,914 678,223
Cash at bank and in hand: 547,834 832,621
Total current assets: 927,748 1,510,844
Creditors: amounts falling due within one year: 5 ( 639,795 ) ( 1,228,348 )
Net current assets (liabilities): 287,953 282,496
Total assets less current liabilities: 289,247 284,428
Total net assets (liabilities): 289,247 284,428
Members' funds
Profit and loss account: 289,247 284,428
Total members' funds: 289,247 284,428

The notes form part of these financial statements

MINDFORWARD ALLIANCE C.I.C.

Balance sheet statements

For the year ending 31 December 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.

This report was approved by the board of directors on 26 September 2025
and signed on behalf of the board by:

Name: Alison Unsted
Status: Director

The notes form part of these financial statements

MINDFORWARD ALLIANCE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 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, net of discount and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

MINDFORWARD ALLIANCE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 12 8

MINDFORWARD ALLIANCE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2024 3,907 3,907
Additions 791 791
Disposals
Revaluations
Transfers
At 31 December 2024 4,698 4,698
Depreciation
At 1 January 2024 1,975 1,975
Charge for year 1,429 1,429
On disposals
Other adjustments
At 31 December 2024 3,404 3,404
Net book value
At 31 December 2024 1,294 1,294
At 31 December 2023 1,932 1,932

MINDFORWARD ALLIANCE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Debtors

2024 2023
£ £
Trade debtors 379,914 678,223
Total 379,914 678,223

MINDFORWARD ALLIANCE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 11,245 83,612
Taxation and social security 8,294 115,166
Accruals and deferred income 561,255 1,029,570
Other creditors 59,001
Total 639,795 1,228,348

COMMUNITY INTEREST ANNUAL REPORT

MINDFORWARD ALLIANCE C.I.C.

Company Number: 12303584 (England and Wales)

Year Ending: 31 December 2024

Company activities and impact

MindForward Alliance works to improve workplace mental health globally by partnering with employers through membership programmes, consultancy, training, workplace assessments, research, and the sharing of best practice. We also provide a wide range of free resources, events, and campaigns to encourage more organisations to take action. Our work extends internationally, with long-standing Alliances in Hong Kong and Australia. In 2024, our main activities and achievements included: Global Summit: Brought together 70 experts and businesses from 32 countries. Discussions focused on pressing issues such as the role of AI in mental health, how to better support line managers, and challenges faced by people in the early stages of their careers. Events: Hosted 20 workplace mental health events across the world for our members. These sessions tackled topics including managing wellbeing across different generations, and strategies for improving employee engagement with wellbeing resources. Training: Offered 13 different workplace courses, covering areas such as suicide awareness, neurodiversity, and people manager development. In total, 672 individuals completed our programmes during the year, increasing the skills and confidence of those responsible for supporting workplace wellbeing. Resources: In partnership with Oxford University, we launched a new free workplace wellbeing guide in October. By the end of the year it had been downloaded over 700 times, providing practical tools for organisations at no cost. Leadership Pledge: More than 200 businesses from 15 countries signed our Leadership Pledge, making a public commitment to prioritise mental health in the workplace. Countries represented include India, the UK, Singapore, South Africa, Australia, Germany, Kenya and others. To support these organisations we provide ongoing access to research, data, and good practice resources. Young Professionals: Through our Thriving From The Start Network, we continued to provide a dedicated space for young professionals to access free resources and events. In 2024, over 480 young people attended one of our events, which focused on managing challenges such as imposter syndrome. Research: Commissioned one of the largest global studies on workplace mental health, engaging more than 12,200 employees across 12 countries and multiple industries. This resulted in a global report as well as 12 country-level reports, giving businesses practical insights into employee experiences and needs.

Consultation with stakeholders

MindForward Alliance has members made up of businesses in the financial, professional, legal and technology sectors. MindForward Alliance also has a Board made up of senior business leaders. In terms of the Board, it would be consulted formerly at face-to-face meetings on a quarterly basis and monthly at informal meetings. In terms of members, we will consult them on questions that relate to everything from what topics should be focused on in the membership programme. The entire of MindForward Alliance’s programme has been informed by giving every member at least three opportunities of the course of the year to speak to us face-to-face / virtual meeting about what are the workplace mental health challenges that they need to solve and what support they need. This information informs all our activity, including resources that we create to the regions that we operate in.

Directors' remuneration

PART 3 – DIRECTORS’ REMUNERATION Director remuneration totalled £ 292,545. £256,477 categorised within Director’s Salaries and £36,067 within Management Fees. 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
24 September 2025

And signed on behalf of the board by:
Name: Alison Unsted
Status: Director