YOUNG MINDS TRUST

• ◆

  3 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Consolidated group

Auditor

HaysMac LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The trustees have assessed the charity's financial position and its ability to meet liabilities as they fall due for a period of at least 12 months from the date of approving these financial statements. This assessment included a review of the charity's financial forecasts and cash flow projections under different scenarios, including potential fluctuations in income. The trustees considered the level of free reserves, confirmed and anticipated funding, and the charity's ability to respond flexibly to changes in financial circumstances. Based on this review, the trustees are satisfied that there are no material uncertainties that cast significant doubt on the charity's ability to continue as a going concern. Accordingly, the financial statements have been prepared on a going concern basis.”

Group structure

1. YOUNG MINDS TRUST · parent
   1. Young Minds Trading Limited 100% · England and Wales · carry out the charity's non-charitable trading activities.

Significant events

• “We completed an organisational change programme in early 2025, focusing on financial sustainability and consolidating our service delivery work. The process itself, and some of the resulting changes have been challenging.”
• “During the last year, we have said goodbye to valued colleagues, reducing staffing levels by around 25%. We took the difficult decision to close our training and consultancy services due to decreasing funding opportunities for this work.”
• “The beginning of 2024 saw us launch our new brand. Shaped by youth-led research, we have a fresh website with clear and engaging content that amplifies the voices of young people”
• “October saw us deliver our annual Hello Yellow event. Coinciding with World Mental Health Day, thousands of schools, workplaces and communities across the UK showed young people they are not alone with their mental health, alongside raising vital funds.”
• “This year, we've managed to secure another 12 months funding for our campaigning work to ensure early mental health support hubs are provided in every community in the UK.”
• “At the 2024 United Kingdom general election, we secured commitments from each major party, including Labour, that they would deliver a full national roll out if they were to form the next government.”
• “Our End the Wait campaign, to get a mental health support team in every school in the country, had a huge boost this year. We got a solid commitment from the Labour government that they would roll out mental health support teams to every school in the country by the end of this Parliament.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

19

last 12 months

Capital events

0

last 24 months

Officers appointed

3

last 12 months

Officers resigned

3

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +2.6%

  £7,694,739 → £7,898,353

• Cash

  -21.2%

  £4,754,712 → £3,745,055

• Net assets

  -28.7%

  £6,173,955 → £4,399,677

• Employees

  +13.1%

  145 → 164

• Wages

  +6.6%

  £5,529,992 → £5,893,264

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers