Mind in Gwent
Provide a range of services to people experiencing, or recovering from, mental health issues in Wales.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net expenditure of £86,234 for the year, resulting in a decrease in total reserves from £3,204,253 to £3,118,019. The trustees confirm that the financial statements are prepared on a going concern basis with no material uncertainties identified regarding the charity's ability to continue operating.
What the accounts disclose
“£60,000 to £69,999 1” — page 52
“The reserves policy has been updated to allow for significant investment in the building and is based on 3 months running costs as opposed to six months. The Trustees have indicated that over time the organisation should return to having reserves to reflect six months running costs.” — page 23
“As at 31 March 2025 a donation of £57,688 was gifted to the charity from the wholly owned subsidiary MHFA Wales Limited in accordance with the deed of covenant.” — page 71
“The company owns 100% of the issued ordinary share capital of MHFA Wales Limited formerly known as Training in Mind Limited” — page 54
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (03/09/2025)
- Received assets from another charity (08/07/2025)
Trustees
- Neil Anthony Thorneycroftchair
- ANDREW SUTTON
- Lee Parfitt
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £3.7m | £3.8m |
| 31/03/2024 | £3.4m | £3.6m |
| 31/03/2023 | £2.1m | £1.9m |
| 31/03/2022 | £2.3m | £1.8m |
| 31/03/2021 | £1.7m | £1.6m |
Common questions
Is Mind in Gwent financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net expenditure of £86,234 for the year, resulting in a decrease in total reserves from £3,204,253 to £3,118,019. The trustees confirm that the financial statements are prepared on a going concern basis with no material uncertainties identified regarding the charity's ability to continue operating. Its FY2025 accounts were audited by Walter Hunter & Co Limited.
What does the highest-paid employee of Mind in Gwent earn?
Per its FY2025 accounts, the highest-paid employee was in the £60,000 - £69,999 band.
Who funds Mind in Gwent?
Funders whose own accounts filings name Mind in Gwent as a grant recipient include MIND (THE NATIONAL ASSOCIATION FOR MENTAL HEALTH), WALES COUNCIL FOR VOLUNTARY ACTION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| MIND (THE NATIONAL ASSOCIATION FOR MENTAL HEALTH) | FY2024 | £961k | Supported Self Help London Consortium 23/25 |
| MIND (THE NATIONAL ASSOCIATION FOR MENTAL HEALTH) | FY2024 | £907k | Supported Self Help Wales Consortium 23/24 |
| MIND (THE NATIONAL ASSOCIATION FOR MENTAL HEALTH) | FY2023 | £600k | Cost of Living Fund 22-23 |
| MIND (THE NATIONAL ASSOCIATION FOR MENTAL HEALTH) | FY2023 | £514k | Active Monitoring Wales Mind Investment Fund |
| MIND (THE NATIONAL ASSOCIATION FOR MENTAL HEALTH) | FY2023 | £439k | Active Monitoring Wales Welsh Government Fund |
| MIND (THE NATIONAL ASSOCIATION FOR MENTAL HEALTH) | FY2024 | £224k | Wellbeing Advisers CYP 2022–23 |
| MIND (THE NATIONAL ASSOCIATION FOR MENTAL HEALTH) | FY2023 | £170k | Wellbeing Advisers CYP 2022-23 |
| MIND (THE NATIONAL ASSOCIATION FOR MENTAL HEALTH) | FY2022 | £127k | Mind Series Local Mind award (physical activity) 21/22 |
| MIND (THE NATIONAL ASSOCIATION FOR MENTAL HEALTH) | FY2024 | £120k | Working Towards a Trauma Informed Vision (CYP) 2024–25 |
| WALES COUNCIL FOR VOLUNTARY ACTION | FY2024 | £119k | TSRF3 |
| MIND (THE NATIONAL ASSOCIATION FOR MENTAL HEALTH) | FY2024 | £46k | Equity and Lived Experience Development Fund 2024–25 |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 05/06/2023 | £7k | Behind the Mask |
| The National Lottery Community Fund | 24/01/2022 | £3k | Art for Mental Heath |
| UK government | 01/04/2020 | £153k | NEWPORT MIND ASSOCIATION (G) |
| The National Lottery Community Fund | 01/05/2009 | £5k | Music in Mind |
| The National Lottery Community Fund | 14/07/2004 | £107k | Advocacy |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE WOLFSON FOUNDATION | 1 | £60k |
| THE HOSKING CHARITABLE TRUST | 1 | £50k |
| Flat Iron Trust | 1 | £40k |
| THE BALCOMBE CHARITABLE TRUST | 1 | £33k |
| ZURICH COMMUNITY TRUST (UK) LIMITED | 1 | £30k |
| THE ROAN CHARITABLE TRUST | 1 | £30k |
| SOMERSET COMMUNITY FOUNDATION | 1 | £10k |
| CBRE UK CHARITABLE TRUST | 1 | £10k |
Charities like this
- Coventry, Warwickshire & Worcestershire Mind
- MIND (THE NATIONAL ASSOCIATION FOR MENTAL HEALTH)
- WILTSHIRE MIND
- Swindon & Gloucestershire Mind LTD
- MIND IN WEST ESSEX
- MIND IN SOMERSET
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| Mind in Gwent | £3.7m | £60,000 - £69,999 | — | above | — | no doubt |
| Coventry, Warwickshire & Worcestershire Mind | £11.6m | — | — | unclear | — | no doubt |
| MIND (THE NATIONAL ASSOCIATION FOR MENTAL HEALTH) | £63.7m | — | — | unclear | — | noted |
| WILTSHIRE MIND | £188k | — | 0 | within | — | no doubt |
| Swindon & Gloucestershire Mind LTD | £2.9m | — | — | below | — | no doubt |
| MIND IN WEST ESSEX | £3.2m | — | — | above | — | no doubt |