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MIND ABERYSTWYTH

Registered charity 1107182 · accounts filings on the Charity Commission register

Mind Aberystwyth's core service maintains a varied programme of therapeutic activities including drop in sessions. In addition to our core activities we deliver tenancy related floating support across the north of the county of Ceredigion.

Causes: The Advancement Of Health Or Saving Of Lives · Disability · Recreation · website · Get email alerts

Latest income
£306k
Latest spending
£320k
Registered
2004
Accounts read
FY2025

Financial health, per its FY2025 accounts

The accounts state that unrestricted reserves stood at £305,548, which is below the stated policy target of three to six months of core expenditure. The charity reported a net expenditure of £13,655 for the year, resulting in a decrease in total funds from £333,557 to £319,902. Per the trustees' report, the organization aims to remove reliance on local government and health board funding to improve sustainability.

Automated summary of the FY2025 accounts; the evidenced findings below carry the verbatim passages.

What the accounts disclose

Reserves policy: three and six months core expenditure (held: £306k)
“It has established a policy whereby the unrestricted funds not committed or invested in tangible fixed assets held by the charity should be between three and six months core expenditure.”
Per its FY2025 accounts as filed with the Charity Commission.

Accounts independently examined (not a full audit). Discloses 5 of 6 completeness components.

Public fundraising profile: JustGiving — Mind Aberystwyth (matched by registered charity number).

Structured financials (annual return, FY ending 31/03/2023)

Total income
£581k
Total spending
£484k
Reserves (reported)
£339k
Employees
9

Reported reserves equal ~8.4 months of spending — above the median for charities its size (median 7.0 months; benchmarks).

Per its annual return, largest income source: Charitable activities (59% of income) — components as reported reconcile to the return’s total income; not from the accounts narrative.

Per its annual return, cost of raising funds: 0.0% of total income — below the median for charities its size (2.9%) (benchmarks).

Trustees · trustee networks

Trustee list from the Charity Commission register (current, not historical).

Operates in: Carmarthenshire · Ceredigion · Pembrokeshire

Income and spending

Financial year endIncomeSpending
31/03/2025£306k£320k
31/03/2024£303k£309k
31/03/2023£581k£484k
31/03/2022£393k£342k
31/03/2021£358k£313k

Common questions

Is MIND ABERYSTWYTH financially healthy?

Per its FY2025 accounts: The accounts state that unrestricted reserves stood at £305,548, which is below the stated policy target of three to six months of core expenditure. The charity reported a net expenditure of £13,655 for the year, resulting in a decrease in total funds from £333,557 to £319,902. Per the trustees' report, the organization aims to remove reliance on local government and health board funding to improve sustainability. Its FY2025 accounts were independently examined.

Who funds MIND ABERYSTWYTH?

Funders whose own accounts filings name MIND ABERYSTWYTH as a grant recipient include MIND (THE NATIONAL ASSOCIATION FOR MENTAL HEALTH).

Known funders

Grants to this charity found in funders’ own accounts filings.

FunderYearAmountPurpose (as stated by the funder)
MIND (THE NATIONAL ASSOCIATION FOR MENTAL HEALTH)FY2022£127kBlue Light Support 2021-22

Government & lottery funding

Grants to this charity published as open data by government and lottery funders (360Giving).

FunderDateAmountPurpose
The National Lottery Community Fund12/06/2018£10kCommunity Wellbeing Hub Pilot
The National Lottery Heritage Fund29/09/2016£6k"Archaeology for Mental Health: War Memorial Survey"