Caerphilly Mind - Charities report

REGISTERED COMPANY NUMBER: 06771937 (England and Wales)

REGISTERED CHARITY NUMBER: 1128082

REPORT OF THE TRUSTEES AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

CAERPHILLY BOROUGH MIND

Page

Report of the Trustees

1

to

4

Independent Examiner's Report

5

Statement of Financial Activities

6

Balance Sheet

7

to

8

Notes to the Financial Statements

9

to

18

The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2026. 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 1 January 2019).

The trustee report includes the directors' report as required by company law.

OBJECTIVES AND ACTIVITIES

Objectives and aims

The Object of the charity is to provide guidance and support to individuals who have been affected by mental ill health. The service extends to their families and friends. Through time tabled activities the organisation offers an opportunity for individuals to develop social networks, build confidence and self esteem and learn new skills.

Public Benefit

The Trustees are aware that the Charity has a responsibility under the Charities Act to demonstrate that it has charitable aims that meet the public benefit requirement and are therefore charitable. The Trustees confirm that they have had regard to the Charity Commission's guidance on public benefit and comply with s17 Charities Act 2011 in respect of having due regard to public benefit when considering, planning and implementing the activities of the charity.

Caerphilly Borough Mind helps people take control of their mental health. we do this by providing high quality information and advice, and campaigning to promote and protect good mental health for everyone.

ACHIEVEMENTS AND PERFORMANCE

Chairs report for 2025-26

The trustee board has remained stable throughout the year, providing continuity and effective oversight of the organisation. We continue to seek additional trustees and volunteers with specific skills and experience that will further strengthen the Board and support the organisation's future development.

Our staff team has also remained stable, with many colleagues having been with the organisation for several years. This continuity has supported the consistent delivery and development of our services.

During the year, we made good progress against the priorities set out in our strategic and operational plans and continued to make a positive difference to people experiencing mental health difficulties across Caerphilly County Borough.

By the year end, we had supported approximately 650 individuals, delivered a total of 3,400 counselling sessions, and engaged with 26 student counsellors, providing valuable placement and development opportunities alongside additional capacity for our services.

Demand for mental health support remains significant, and we recognise that many more people across the borough require help. We therefore remain committed to our mission of supporting people in Caerphilly County Borough who experience mental health difficulties and to developing our services in response to local need.

Our tenancy support team, funded through Supporting People, continues to play an important role in supporting service users to maintain stable tenancies and improve their wellbeing. Funding for this service is currently secured until 2027.

We also continue to benefit from National Lottery funding for our successful My Whole Life project, with funding secured until April 2027.

Our contract to provide counselling services for Aneurin Bevan University Health Board (ABUHB) is secured until 2028. As part of this service, we will continue to provide high-quality counselling support while offering placements and development opportunities for student counsellors.

During the year, we also successfully completed our Quality Review and met the required assessment standards. We will continue to build on this achievement, reviewing and developing our services to ensure they remain effective, responsive and of a consistently high quality.

The trustees would like to thank our staff, volunteers, student counsellors, partners and supporters for their continued commitment and contribution throughout another successful year.

The organisation enters the new financial year from stable and sustainable position, and we remain focused on strengthening our services, responding to increasing demand and ensuring that we continue to make a meaningful difference to the mental health and wellbeing of people across Caerphilly County Borough.

FINANCIAL REVIEW

Principal funding sources

During this period, the organisation's principal source of funding has been through a variety of grants. These include; Caerphilly County Borough Council, Local and National Mind, Aneurin Bevan University Health Board, and the Big Lottery.

All expenditure has supported the organisations key objectives.

Reserves policy

Due to the precarious nature of funding for not for profit organizations, the Trustees have established a formailsed reserve policy. For 25/26 this has been set as £195,376. Actual free reserves are short of this target being £173,759. Every effort will be made to to secure additional funding in the upcoming year to again increase the levels further.

STRUCTURE, GOVERNANCE AND MANAGEMENT

Governing document

The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.

Caerphilly Borough Mind is a company limited by guarantee with no share capital. The organisation is governed by our Memorandum and Articles of Association (as amended on 2nd February 2016).

Recruitment and appointment of new trustees

Trustee's are elected by the membership at our Annual General Meeting and are permitted to serve for 2 years before needing to stand for re-election.

New Trustees are invited to attend Trustee meetings and are guided through their role by their fellow Trustees. There are also opportunities to attend Mind Cymru events with Trustees from other Local Mind Associations (LMAs).

Organisational structure

Caerphilly Borough Mind is governed by a Board of Trustees who are also the directors of Caerphilly Borough Mind. The board sets the strategic direction of the organisation and guides the Director of Operations (who is also the Company Secretary) to manage the day to day running of the charity. The board works through the Director of Operations to see that all the necessary rules, procedures and personnel are in place to ensure they can successfully implement the strategic plan. The Trustees aim to meet 12 times each year on the second Monday of every month.

Risk management

The trustees have a duty to identify and review the risks to which the charity is exposed and to ensure appropriate controls are in place to provide reasonable assurance against fraud and error.

The trustees have given consideration to the major risks which the charity is exposed and have satisfied themselves that systems or procedures are established in order to manage those risks.

REFERENCE AND ADMINISTRATIVE DETAILS

Registered Company number

06771937 (England and Wales)

Registered Charity number

1128082

Registered office

36 Penallta Road

Ystrad Mynach

CF82 7AN

Trustees

Mrs M A Radford Chairperson (resigned 9.6.25)

Mrs C M Bezzina (resigned 8.10.25)

Mrs Y Parfitt

Mrs A Clemens Chair to 17th June 2026

Mrs S Clemens (resigned 3.11.25)

R Denton Treasurer

M Hayes-Lissack Chair from 17th June 2026 (appointed 6.10.25)

C Summers (appointed 3.11.25)

Ms J Lawton - Company Secretary and Director of Operations

Independent Examiner

R.I. Knoyle ACA FCCA

Baker Knoyle Chartered Accountants

Orbit Business Centre

Merthyr Tydfil

CF48 1DL

Bankers

Lloyds TSB

INDEPENDENT EXAMINER

A resolution to re-appoint the independent examiner, will be proposed at the Annual General Meeting.

Approved by order of the board of trustees on 17 September 2026 and signed on its behalf by:

M Hayes-Lissack - Trustee

Independent examiner's report to the trustees of Caerphilly Borough Mind ('the Company')

I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2026.

Responsibilities and basis of report

As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').

Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.

Independent examiner's statement

Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:

1.	accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or

2.	the accounts do not accord with those records; or

3.	the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination; or

4.

the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).

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.

R.I. Knoyle ACA FCCA

The Institute of Chartered Accountants in England and Wales

Baker Knoyle Chartered Accountants

Orbit Business Centre

Merthyr Tydfil

CF48 1DL

17 September 2026

2026

2025

Unrestricted

Restricted

Total

funds

Notes

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

2

1,146

368,980

370,126

343,016

Other trading activities

3

-

1,433

Investment income

4

3,183

-

3,183

3,597

Total

4,329

368,980

373,309

348,046

EXPENDITURE ON

Charitable activities

5

Community Recovery Programme

9,879

349,798

359,677

342,763

NET INCOME/(EXPENDITURE)

(5,550

)

19,182

13,632

5,283

Transfers between funds

16

11,250

(11,250

)

-

Net movement in funds

5,700

7,932

13,632

5,283

RECONCILIATION OF FUNDS

Total funds brought forward

280,437

26,083

306,520

301,237

TOTAL FUNDS CARRIED FORWARD

286,137

34,015

320,152

306,520

2026

2025

Notes

£

FIXED ASSETS

Tangible assets

12

111,039

112,377

CURRENT ASSETS

Debtors

13

2,715

589

Cash at bank and in hand

218,323

203,825

221,038

204,414

CREDITORS

Amounts falling due within one year

14

(11,925

)

(10,271

)

NET CURRENT ASSETS

209,113

194,143

TOTAL ASSETS LESS CURRENT

LIABILITIES

320,152

306,520

NET ASSETS

320,152

306,520

FUNDS

16

Unrestricted funds

286,136

280,437

Restricted funds

34,016

26,083

TOTAL FUNDS

320,152

306,520

The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The trustees acknowledge their responsibilities for

(a)	ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.

These financial statements have been prepared in accordance with and delivered in accordance with the special provisions applicable to small charitable companies subject to the small companies regime.

The financial statements were approved by the Board of Trustees and authorised for issue on 17 September 2026 and were signed on its behalf by:

M Hayes-Lissack - Trustee

1.	ACCOUNTING POLICIES

Organizational status

The financial statements of the charitable company, which is a public benefit 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 Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The organisation is a company, registered in England & Wales, limited by guarantee and a registered charity. The directors are the trustees and they form a board of trustees which sets the strategic direction of the charity and monitors the performance of the organisation against its goals. The aims and objectives and rules for governance are set out in the charitable company's Memorandum and Articles of Association.

Financial Reporting Standard 102 - reduced disclosure exemptions

The charitable company has taken advantage of the following disclosure exemption in preparing these financial statements, as permitted by FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland':

•

the requirements of Section 7 Statement of Cash Flows.

Income

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.

The following specific policies are applied:

Voluntary income received by way of grants, gifts or donation is included in full on receipt unless it is subject to a condition when it is treated as deferred income.

Deferred income: Income or grants received in advance are held as deferred income and carried forward to future accounting periods to be released when the defined purposes of the work or project have been completed, approved or certified.

Gifts in Kind are included in the income and expenditure account where they are applied in carrying out charitable activities, where the company would otherwise have to purchase the donated facility and the benefit is both quantifiable and material. the quantifiable benefit is shown as both incoming and expended resources within the appropriate funds. Where the gift is an asset it is treated as income and taken to stock or fixed assets as appropriate. The value of services provided by volunteers is not quantified.

Investment income is included when receivable.

Trading income is recognised when earned.

Expenditure

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will 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 classified 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. Expenditure includes any VAT which cannot be fully recovered.

Costs of generating funds include the costs associated with attracting voluntary income and the costs of trading for fundraising purposes.

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes the costs that can be attributed directly to those activities and those costs of an indirect nature necessary to support them.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

2% on cost

Fixtures and fittings

-

20% on cost

Computer equipment

-

33% on cost

Tangible fixed assets are included in the balance sheet at historic cost less accumulated depreciation. Grant receipts which fund fixed asset acquisitions are taken to restricted funds and the appropriate depreciation charge is made against those funds over the expected useful life of the asset.

Taxation

The charity is exempt from corporation tax on its charitable activities.

Fund accounting

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.

Going concern

Given the nature of the organisation, there are always concerns over future funding. However, the organisation is constantly pursuing alternative sources of funds and are confident that these funds will be identified and secured.

Given this, the financial statements have been prepared on a going concern basis.

Leased assets

Fixed assets acquired under finance leases are included in the balance sheet at historic cost less accumulated depreciation. The present value of future rentals is shown as a liability. Interest payable in each period is charged as an expended resource in proportion to the amount outstanding under the lease. Operating lease rentals are charged as expended resources as incurred.

Debtors and creditors receivable/payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price.

Ex-Gratia Termination Payment

Termination benefits are payable when employment is terminated by the Charity before the normal retirement date, or whenever an employee accepts voluntary redundancy in exchange for these benefits. The Charity recognises termination benefits when it is demonstrably committed to either

(i) terminating the employment of current employees according to a detailed formal plan without possibility of withdrawal or (ii) providing termination benefits as a result of an offer made to encourage voluntary redundancy.

Funds Released to Partner Organisations

Where the organisation is a "fund holder", funds are only released to partner organisations when it has been agreed that all project delivery aims have been achieved.

2.	DONATIONS AND LEGACIES

2026

2025

£

Donations

1,146

4,070

Grants

368,980

338,946

370,126

343,016

Grants received, included in the above, are as follows:

2026

2025

£

Aneurin Bevan University Health Board

49,839

Caerphilly CBC

170,242

147,244

Mind (NAMH)

7,943

7,619

Big Lottery

140,956

134,244

368,980

338,946

3.	OTHER TRADING ACTIVITIES

2026

2025

£

Training income

-

1,433

4.	INVESTMENT INCOME

2026

2025

£

Deposit account interest

3,183

3,597

5.	CHARITABLE ACTIVITIES COSTS

Support

Direct

costs (see

Costs

note 6)

Totals

£

Community Recovery Programme

346,278

13,399

359,677

6.	SUPPORT COSTS

Governance

Management

Finance

costs

Totals

£

Community Recovery Programme

2,409

6,533

4,457

13,399

7.	NET INCOME/(EXPENDITURE)

Net income/(expenditure) is stated after charging/(crediting):

2026

2025

£

Depreciation - owned assets

1,338

Other accountancy services

1,812

Independent examiners remuneration

2,645

2,471

8.	INDEPENDENT EXAMINERS' REMUNERATION

2026

2025

£

Fees payable to the charity's Independent examiners

2,645

2,471

Amounts payable to Independent Examiners in relation to payroll and pension administration services provided to the charity were £1,812 (2025: £1,812).

9.	TRUSTEES' REMUNERATION AND BENEFITS

There were no trustees' remuneration or other benefits for the year ended 31 March 2026 nor for the year ended 31 March 2025.

Trustees' expenses

The trustee's did not receive any emoluments. Out of pocket expenses were reimbursed of £Nil (2025: £Nil).

10.	STAFF COSTS

2026

2025

£

Wages and salaries

301,049

287,691

Social security costs

25,888

24,235

Other pension costs

6,729

6,183

333,666

318,109

The average monthly number of employees during the year was as follows:

2026

2025

Administration & Management

2

Charitable Projects

12

14

No employees received emoluments in excess of £60,000.

Included in Gross Wages is £Nil (2025: £855) relating to redundancy costs.

There are no high paid staff.

The key management personnel of the charity comprise the Chief Executive Officer.The total employee benefits of the key personnel of the charity were £34,513 (2025:£28,941).

11.	COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES

Unrestricted

Restricted

Total

funds

£

INCOME AND ENDOWMENTS FROM

Donations and legacies

4,072

338,944

343,016

Other trading activities

1,433

-

1,433

Investment income

3,597

-

3,597

Total

9,102

338,944

348,046

EXPENDITURE ON

Charitable activities

Community Recovery Programme

14,075

328,688

342,763

NET INCOME/(EXPENDITURE)

(4,973

)

10,256

5,283

Transfers between funds

10,158

(10,158

)

-

Net movement in funds

5,185

98

5,283

RECONCILIATION OF FUNDS

Total funds brought forward

275,253

25,984

301,237

TOTAL FUNDS CARRIED FORWARD

280,438

26,082

306,520

12.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

Computer

property

fittings

equipment

Totals

£

COST

At 1 April 2025 and 31 March 2026

133,785

11,392

7,250

152,427

DEPRECIATION

At 1 April 2025

21,408

11,392

7,250

40,050

Charge for year

1,338

-

1,338

At 31 March 2026

22,746

11,392

7,250

41,388

NET BOOK VALUE

At 31 March 2026

111,039

-

111,039

At 31 March 2025

112,377

-

112,377

13.	DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade debtors

289

-

Other debtors

2,060

107

Prepayments

366

482

2,715

589

14.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade creditors

252

143

Social security and other taxes

7,473

6,039

Accruals

2,904

2,841

Pension Creditor

1,296

1,248

11,925

10,271

15.	ANALYSIS OF NET ASSETS BETWEEN FUNDS

Unrestricted

Restricted

2026Total

2025Total

Funds

£

Fixed Assets

111,039

-

111,039

112,377

Net Current Assets

175,097

34,016

209,113

194,143

286,136

34,016

320,152

306,520

16.	MOVEMENT IN FUNDS

Net

Transfers

movement

between

At

At 1/4/25

in funds

funds

31/3/26

£

Unrestricted funds

General fund

168,060

(4,213

)

11,250

175,097

Designated Fund

112,377

(1,338

)

-

111,039

280,437

(5,551

)

11,250

286,136

Restricted funds

Big Lottery (My Whole Life)

2,028

3,949

-

5,977

Aneurin Bevan University Health Board

(Counselling)

866

2,446

(2,760

)

552

Supporting People Project

19,040

14,078

(6,249

)

26,869

Home Sustainment Trust

546

-

546

Cost of Living (MIND) Fund

3,603

(1,290

)

(2,241

)

72

26,083

19,183

(11,250

)

34,016

TOTAL FUNDS

306,520

13,632

-

320,152

Net movement in funds, included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

Unrestricted funds

General fund

4,329

(8,542

)

(4,213

)

Designated Fund

-

(1,338

)

(1,338

)

4,329

(9,880

)

(5,551

)

Restricted funds

Big Lottery (My Whole Life)

140,956

(137,007

)

3,949

Aneurin Bevan University Health Board

(Counselling)

49,838

(47,392

)

2,446

Supporting People Project

170,243

(156,165

)

14,078

Cost of Living (MIND) Fund

7,943

(9,233

)

(1,290

)

368,980

(349,797

)

19,183

TOTAL FUNDS

373,309

(359,677

)

13,632

Comparatives for movement in funds

Net

Transfers

movement

between

At

At 1/4/24

in funds

funds

31/3/25

£

Unrestricted funds

275,253

(4,974

)

10,158

280,437

Restricted funds

Big Lottery (My Whole Life)

331

1,697

-

2,028

National Lottery Awards For All

2,416

(2,422

)

6

-

Active Monitoring

3,827

(3,864

)

37

-

Aneurin Bevan University Health Board

(Counselling)

-

3,490

(2,624

)

866

Supporting People Project

17,654

8,019

(6,633

)

19,040

Home Sustainment Trust

946

(400

)

-

546

Moondance Foundation

810

(800

)

(10

)

-

Cost of Living (MIND) Fund

-

4,537

(934

)

3,603

25,984

10,257

(10,158

)

26,083

TOTAL FUNDS

301,237

5,283

-

306,520

Comparative net movement in funds included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

Unrestricted funds

9,102

(14,076

)

(4,974

)

Restricted funds

Big Lottery (My Whole Life)

134,244

(132,547

)

1,697

National Lottery Awards For All

(1

)

(2,421

)

(2,422

)

Active Monitoring

-

(3,864

)

(3,864

)

Aneurin Bevan University Health Board

(Counselling)

49,839

(46,349

)

3,490

Supporting People Project

147,243

(139,224

)

8,019

Home Sustainment Trust

-

(400

)

(400

)

Moondance Foundation

-

(800

)

(800

)

Cost of Living (MIND) Fund

7,619

(3,082

)

4,537

338,944

(328,687

)

10,257

TOTAL FUNDS

348,046

(342,763

)

5,283

A current year 12 months and prior year 12 months combined position is as follows:

Net

Transfers

movement

between

At

At 1/4/24

in funds

funds

31/3/26

£

Unrestricted funds

275,253

(10,525

)

21,408

286,136

Restricted funds

Big Lottery (My Whole Life)

331

5,646

-

5,977

National Lottery Awards For All

2,416

(2,422

)

6

-

Active Monitoring

3,827

(3,864

)

37

-

Aneurin Bevan University Health Board

(Counselling)

-

5,936

(5,384

)

552

Supporting People Project

17,654

22,097

(12,882

)

26,869

Home Sustainment Trust

946

(400

)

-

546

Moondance Foundation

810

(800

)

(10

)

-

Cost of Living (MIND) Fund

-

3,247

(3,175

)

72

25,984

29,440

(21,408

)

34,016

TOTAL FUNDS

301,237

18,915

-

320,152

Net movement in funds included in the above are as follows:

Incoming

Resources

Movement

resources

expended

in funds

£

Unrestricted funds

13,431

(23,956

)

(10,525

)

Restricted funds

Big Lottery (My Whole Life)

275,200

(269,554

)

5,646

National Lottery Awards For All

(1

)

(2,421

)

(2,422

)

Active Monitoring

-

(3,864

)

(3,864

)

Aneurin Bevan University Health Board

(Counselling)

99,677

(93,741

)

5,936

Supporting People Project

317,486

(295,389

)

22,097

Home Sustainment Trust

-

(400

)

(400

)

Moondance Foundation

-

(800

)

(800

)

Cost of Living (MIND) Fund

15,562

(12,315

)

3,247

707,924

(678,484

)

29,440

TOTAL FUNDS

721,355

(702,440

)

18,915

Funds

Restricted funds

Restricted funds represent balances held to fund future projects where the resources have been received and are required by the donors to fund a specific project.

Transfers between funds

Transfers between funds arise where unrestricted funds have been used to fund shortfalls in restricted projects. The free reserves are available to provide funds to cashflow projects funded on a retrospective basis and are available with the approval of the trustees to fund any expenditure on projects or expenses which fall within the organisations general aims and objectives. They are accumulated in accordance with the reserve policy as stated in the Trustee Report.

During the year, the trustees decided that previously held designated unrestricted funds were no longer needed to be identified separately and so a transfer was made to release those funds back to General Reserves.

Designated funds

Designated funds represent the amounts set aside to write down the remaining net book value of fixed assets held against unrestricted funds.

Activities undertaken within each major restricted fund

The restricted funds of the charity have been applied during the year or are held for future expenditure in the following area:

Supporting People

The CCBC Supporting People Programme has the primary aim to deliver housing related support to people with low level mental health issues.

Home Sustainment Trust

This small fund is provided to enable staff to purchase needed items for individuals when setting up their first tenancy.

Big Lottery (My Whole Life)

This 3 year project offers individuals who live in Caerphilly Borough a holistic approach to their mental health. The project includes intervention with a well-being worker, counselling, activities and support to access external interventions.

Aneurin Bevan University Health Board (Counselling)

Caerphilly Borough Mind is commissioned by ABUHB to deliver counselling to individuals identified by the Primary Care Mental Health Team as being suitable for this intervention. The organisation employs 1 full time qualified counsellor and engages with placement counsellors who are students who need 100 hours practice to achieve their qualifications.

Cost of Living (MIND) Fund

This funding provides a range of support for residents struggling with the cost of living.

17.	RELATED PARTY DISCLOSURES

The Company Secretary and Director of Operation's step daughter is employed by the charity. She was paid at rates commensurate with her position and in line with other members of staff. The appointment process was open and at arms length and the Trustees were fully informed of the relationship before the appointment.

18.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the Board of Trustees.

19.	GIFTS IN KIND

Volunteer time

The value of volunteer time is not quantified in terms of money but the time contributed by volunteers is an invaluable resource in terms of the outstanding contribution made by them. The number of hours contributed by volunteers in the year was 1,249 (2025: 1,290).

20.	ANALYSIS OF DESIGNATED FUNDS

Designated funds represents the amounts set aside to write down the remaining net book value of fixed assets held against unrestricted funds.

2026

2025

£

Unamortised fixed assets

111,039

112,377

Designated funds

111,039

112,377