MIND IN BRIGHTON & HOVE
Financial health, per its FY2023 accounts
The accounts state that unrestricted reserves increased by £14,627 to £1,164,802, while restricted reserves decreased by £18,858 to £1,150,746, resulting in total reserves of £1,315,548. The trustees note uncertainty beyond 2024 due to the risk of contracts ending and the cost of living crisis, but confirm adequate resources to continue as a going concern. The charity operates with no debt and holds nearly all financial assets in short-term cash accounts.
What the accounts disclose
Structured financials (annual return, FY ending 31/03/2025)
Trustees
- Caitriona Darling
- Charlotte Diana Renwick
- Rebecca Louise Jarvis
- Richard Leslie Bailey
- Robin Edward Penfold
- Sarah Elizabeth Mills
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £1.0m | £1.0m |
| 31/03/2024 | £1.1m | £1.1m |
| 31/03/2023 | £1.1m | £1.1m |
| 31/03/2022 | £1.0m | £1.1m |
| 31/03/2021 | £1.3m | £1.2m |
Common questions
Is MIND IN BRIGHTON & HOVE financially healthy?
The accounts state that unrestricted reserves increased by £14,627 to £1,164,802, while restricted reserves decreased by £18,858 to £1,150,746, resulting in total reserves of £1,315,548. The trustees note uncertainty beyond 2024 due to the risk of contracts ending and the cost of living crisis, but confirm adequate resources to continue as a going concern. The charity operates with no debt and holds nearly all financial assets in short-term cash accounts. Its FY2023 accounts were audited by Jones Avens Limited.