MIND IN THE VALE OF GLAMORGAN
Mental Health Charity
Financial health, per its FY2025 accounts
The accounts state that the charity reported a deficit of £25,759 for the year ended 31 March 2025, resulting in a decrease in unrestricted reserves to £271,891. Per the trustees' report, this level of unrestricted reserves is approximately 5.4 months of expected average expenditure, which remains above the stated policy target of 3 to 6 months. The trustees confirm that the balance sheet remains strong and that resources are adequate to continue operations.
What the accounts disclose
“Grants Charitable activities 487,632” — page 26
“Mind in the Vale has a reserves policy of holding 3 to 6 months of annual expected expenditure to cover commitments. This equals approximately £150,850 that the Trustees aspire to hold as a minimum.” — page 14
Funders the charity credits
- Mind National
- Mind Cymru
Public-sector contracts awarded
| Buyer | Contract | Awarded | Value |
|---|---|---|---|
| NHS Wales Shared Services Partnership-Procurement Services (hosted by Velindre University NHS Trust) | RESTORING RAPID ACCESS: FAST TRACK MENTAL HEALTH SUPPORT ACROSS THE VALE | — | — |
Property (HM Land Registry)
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- KEVIN CANNINGchair
- CHRISTINE WINDLE
- Dr Kerry Doherty
- Dr MARTIN COLEMAN
- Jeremy Lewis
- SAMANTHA JANE REYNOLDS
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £500k | £603k |
| 31/03/2024 | £612k | £588k |
| 31/03/2023 | £598k | £663k |
| 31/03/2022 | £627k | £550k |
| 31/03/2021 | £484k | £417k |
Common questions
Is MIND IN THE VALE OF GLAMORGAN financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a deficit of £25,759 for the year ended 31 March 2025, resulting in a decrease in unrestricted reserves to £271,891. Per the trustees' report, this level of unrestricted reserves is approximately 5.4 months of expected average expenditure, which remains above the stated policy target of 3 to 6 months. The trustees confirm that the balance sheet remains strong and that resources are adequate to continue operations. Its FY2025 accounts were independently examined.
Who funds MIND IN THE VALE OF GLAMORGAN?
Funders whose own accounts filings name MIND IN THE VALE OF GLAMORGAN as a grant recipient include MIND (THE NATIONAL ASSOCIATION FOR MENTAL HEALTH).
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| MIND (THE NATIONAL ASSOCIATION FOR MENTAL HEALTH) | FY2024 | £907k | Supported Self Help Wales Consortium 23/24 |
| MIND (THE NATIONAL ASSOCIATION FOR MENTAL HEALTH) | FY2023 | £514k | Active Monitoring Wales Mind Investment Fund |
| MIND (THE NATIONAL ASSOCIATION FOR MENTAL HEALTH) | FY2023 | £60k | Ukraine crisis response fund |
| MIND (THE NATIONAL ASSOCIATION FOR MENTAL HEALTH) | FY2023 | £42k | Regional Network Fund |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 27/04/2020 | £10k | It Takes Balls to Talk |
| The National Lottery Community Fund | 09/04/2008 | £73k | CATALIST |