Cardiac Health
Fitnessfor Life
Trustees, Annual Report and Unaudited Financial Statements
for the year ended 31 March 2025
Baslnggtoke & Alton Cardlac Rehabllltatlon Charlty, Chavrton Park Road. Alton Hampshire GU34 1RQ
www.cardiach8alth.or
-uk heart
cardlache3llh.or
.uk 01420 544794
Charity registration no.1013238 Company Ilmlted by guarantee. reglster•d In England no. 2732756

The Baslngstoke and Alton Cardlac Rehabilitation
Charity Limited
Company Registratlon Number 2732756
Charity Number 1013238
Annual Report and Financial Statements for the year ended 31 March 2025
Contents
Page
Directors, trustees, officers and advlsers
Trustees, Annual Report for the year ended 31 March 2025
4-10
Independent Examlner's Report
li
Statement of Flnanclal Activities
12
Balance Sheet 31 March 2025
13
Cash flow statement for the year ended 31 March 2025
14
Notes to the Financial Statements
15-26
Detalled Statement of Financial Activities
27-29
Page I

The Basin8Stoke and Alton Cardiac Rehabilitation
Charity Limited
Company Registratlon Number 2732756
Charlty Number 1013238
Annual Report and Financial Statements for the year ended 31 March 2025
Re8iStered Office
The Basingstoke and Alton Cardiac Rehabilitation Charity Limited
Chawton Park Road
Alton
Hampshire
GU34 IRQ
Registered Company Number
2732756
Reglstered Charlty Number
1013238
Patron
Sir James Scott Bt
Dlrectors and Trustees
Dr osama Alsanjari
Mr Steve Ball
Dr Hugh J N Bethell
Mr Keith Burgess
Mr Keith Charman
Mrs Teresa Frost
Mr Dominic Gardham
Dr Mike G Hayward
Ms Lisa Henshaw
Mrs Rosemary A Lewis
Dr Sally Turner
appointed 28, May 2024
appointed Chairman I, June 2025
appointed 27 August 2024
Chairman until 31, May 2025
C.E.O. & Company Secretary
Sarah Quarterman
Board of Trustees Sub-committees during reportlng year
Governance, Finance & Bulldlngs Commlttee
Keith Burgess- Chair from September 2023
Dr Mlke Hayward
Steve 8all - from June 2024
Dominic Gardham- to October 2024
Keith Charman
Sarah Quarterman
In Attendance,.
Lynn Simpson {Finance Officer)
Income Generatlon Committee
Lisa Henshaw- Chalr
Rosemary Lewi5
Teresa Fr05t- from September 2024
Dr Mike Hayward
Sarah Quarterman
In Attendonce..
Denise Ellis (Com munity and Event5 Fundrai5ingl
Isobel Bretherton (Communications) to December 2024
Service Delivery Committee:
Keith Charman- Chair
Dr Hugh Bethell
Dr Mike Hayward
Dominic Gardham
Sarah Quarterman
Dr SallyTurner
In Attendance..
Dr Russell Swart (Clinical Lead)
Sarah Hill (Health Programme Mana8erl
Denise Ellis (Centre Manager)
Isobel Bretherton Icommunicationsl to December 2024
Page 2

The Baslngstoke and Alton Cardiac Rehabllltation
Charity Limited
Company Reglstfatlon Number 2732756
Charity Number 1013238
Annual Report and Financial Statements for the year ended 31 March 2025
Advisers
Independent examiner and accountants
D A Sanders BA {Honsl FCA
Sheen Stickland
Chartered Accountants
2 Oriel Court
Omega Park
Alton
Hampshire
GU34 2
Bankers
HSBC
22124 Paddln8ton House
Festival Place
Basing5toke
Hampshire
RG217U
TSB
40, Hlgh Street
Alton
Hampshire
GU34 IBQ
5ollcilors
Bookers and Bolton
88 Normandy Street
Alton
Hampshire
GU34 IDH
Human Resources Consultants
Worknest
Second floor
44-46 Springfield Road
Horsham
West Sussex
RH12 2PD
Health & Safety Consultants
HSQE Group
Suite V2,
Farnborou8h House,
Alexandra Road,
Farnborough,
Hampshire
GU14 6DQ
Page 3

The Basingstoke and Alton Cardiac Rehabilitation
Charity Limited
Company Registration Number 2732756
Charlty Number 1013238
Annual Report and Financlal Statements for the year ended 31 March 2025
Chairman's Statement
Mike Hayward. retirlng Chairman
Cardiac Health exists to improve the health of the heart and cardiovascular system of our beneficiaries. We also aim to improve
strength, fitne55, mobility and wellbeing, to an increasin8 extent not just for patient5 who come to us purely with cardiac issues.
We continue to work closely with NHS colleague5 in primary. secondary and community healthcare to provide an integrated
pathway for all long-term conditions for which specialist medically led exercise can provide a benefit physically and mentally.
During 2024-2025 our new cancer rehabilitation service became embedded as busine55 a5 Usual. We a150 sought to address
health inequalities in the local area by running a project targeted to helping people living in Assisted Living settinBS to join an
exercise programme
people who face barriers of acce55, Cost and transport as well as having co-morbidities that make
exercise challenging. Alongside these projects we saw a record number of referrals/sign-postings to our services. We achieved
a record weekly attendance figure for exerciser5. This has impacted our finances positively and along with a very successful
year of fundraising and grant applications contributed to our first year of achieving a surplus since the Covid pandemic in 2020.
However, we still find we are needing to get the message acr055 to healthcare partners in primary and secondary care that we
are not just 'cardiac'. To address this the 8oard have undertaken a strategic review of our brand with the help of the Cranfield
Trust and in the autumn, we shall be launching a new identity, which points to a broader remit, whilst remaining true to our
roots as a cardiac rehabilitation charity. Looking to 2026 we shall celebrate 50 years since Dr Hugh Bethell and Dr Sally Turner
began one of the first community.based rehabilitation service5 in Alton Sports Centre which went on to become this charity.
Our 501h anniversary will both Celebrate the past and look to the future as we become 'Cardiac Health - Fitness for Llfe,.
On a personal note, I stepped down as chair of Cardiac Rehab (now Cardiac Health) at the end of May 2025 after 7 year5 in
post. It has been an honour and privilege to have been able to lead such a positive and life affirming organisation over this
period. I remain on the board as a trustee and wish my successor Keith Burgess all the very best in his role a5 Chairman.
Our Mlsslon
To reduce the Incidence of cardiovascular dlsease using medlcally supervised assessments with graduated and
monitored exercise. to reduce frailty and so retain independence in older people: to extend the healthy
Ilfespan (health-span) of people with underfylng health condltlons.
What we do
Cardiac Health provides high quallty Integrated care including prevention, rehabllltatlon and education for patients recoverlng
from, or at rlsk of, Cardiac illnesses, at our purpose-bullt faclllty in Alton. In addition, we offer cancer rehabilitation exercise
programmes and falls prevention classes for graduates from the Alton Community Hospital Physiotherapy department
pro8ramme5 for frailer exercisers who go on to join our higher capability Steady & Stron8 classes.
Cardiac Health
Fitnessfor Life
We take rehabilitation referrals from the NHS Hospital Phase 3 cardiac rehabilitation,
tertiary Pulmonary rehabilitation services. hospital or primary care cancer services and GP
referrals for long-COVID or any long-term condition improved through medically led exercise.
'Staywell' primary prevention helps those at high risk IQRISK>15} of coronary heart disease to increase fitness and reduce risk
factor5 for heart disease, through exercise. Referral is usually by GP but can be self-referred and we work closely with the
A31 Primary Care Network and other GP surgeries within our catchment area.
All referrals are triaged on their medical history and seen either by Dr Russell Swart or the Health Pro8ramme Team, depending
on cardiac risk, to assess exercisers {patients} capability and functional capacity: they complete a treadmill test with ECG if
there is history of cardiac or cardiovascular disease. Exercisers receive a bespoke exercise programme, of class or independent
exercise, based on fitness level. After 20 sessions of exercise, they are re-tested and fitness levels calculated.
We are open for a range of exercise se55ions, both class based and independent sessions. between 8:00am- 8=OOpm Mondav
to Thursday. 7=45am- 5:30pm Friday and 8=OOam- 11-.30am on Saturdays. We run an online class and an outdoor class, and
non-machine-based classe5 such as Tai Chi and Heartbeat, a movement to music class.
The Charity has also provided an office and acce55 to our gym facilities, free of charge, for Hampshire Hospltals NHS Foundation
Trust IHHFTI Cardi0108y Department to run it5 Phase 3 post-operative outpatient cardiac rehabilitation and associated doctors,
clinics for a number of years. The CEO has obtained an agreement in principle concerning financial contribution for these
facilities which we expect to comrnence in April 2025.
Page 4

The Basingstoke and Alton Cardiac Rehabilitation
Charlty Limited
Company Re8lStration Number Z732756
Charity Number 1013238
Annual Report and Financlal Statements for the year ended 31 March 2025
Achievements and Performance for the Year
Choritable octlvltles
In February 2023. the Board agreed the followin8 3-year strate8y for 2023-2026:
To have in place a sustainable funding model to match expenditure.
To use the new Heart Rate monitoring system as a differentiator of our service to improve fitness and wellbeing
outcome KPIS and add service user value to attending at the Centre
To increase resilience by developin8 new referral routes for non-cardlac underlylng health conditions wlth existing
and new partners within and outside the NHS
To position the charity through rebranding as the provider of choice for healthcare professional referral to a Specialist
exercise centre
2024-25 saw strong growth in numbers referred to and completing initial exercise programmes with us, Overall, we had 466
new referrals during the year12023-24 3841, and 210 exercisers completed their initial programme of 20 sessions. We
continued to work closely with the A31 Primary Care Network IPCNI, HHFT on CVD rehabilitation and prevention, but also
received specific funding from the Hampshire Active Health pro8ramme to target people in A5515ted Llvln8 settings which
increased numbers In both Steady & Strong and Staywell. Towards the end of the year, we be8an a pilot project to provide
cardiac rehabilitation at the Taro Sports Centre, Petersfield, Supported by East Hants District Council IEHDCI to cover the
additional overheads of providing a clas5 there. We hope that this will enable u5 to upskill the local instructor population to
continue the class after the pilot.
281
88
23
64
Staywell
referrals
Cardlac Rehab
referrals
Cancer Rehab
referrals
steady &
Strong
referrals
236 In 2023.24
75 In 2023-24
26 in 2023-24
47 In 2023-24
Exerciser outcomes for f itne55 and wellbeing are at the heart of what we do, measuring improvements in theoretical V02 max
as a fitness measure, reduction in systolic blood pressure and waist circumference, and anxiety or wellbeing self-assessment
using the Hospital Anxiety & Depresslon score.
Perceived Wellbeing
4.20/0
ecrease In
blood
presstsre
22.3010
Oeuea5e
in waist
clrcurnfe¥ÈNcÈ
Improv•m•nl
fltn•iJ
IA
Outcomes for Staywell graduates 2024-25
8.2010
Perceived Wellbeing
ReductloTr
In walsl
clrcufflfèronc
Decrease In
blood
pre$5ure
Improvement
IIO/o
Outcomes for cardiac rehabilitation Phase 4 graduate5 2024-25
The process to re-brand to enable Stakeholders, particularly in the NHS. to understand our broadenin8 remit continued durin8
the year with continued support from a pro-bono consultant from the Cranfield Trust and by the end of thi5 year had pro8ressed
to the point of choosing our brand name and strapline.
Page 5

The Basingstoke and Alton Cardiac Rehabilitation
Charlty Limited
Company Registratlon Number 2732756
Charlty Number 1013238
Annual Report and Financial Statements for the year ended 31 March 2025
Operational Changes
During 2024-25 we have continued to invest in the building and facilities at the Centre. Major works included installing air-
conditioning in the Lecture Room and an additional unit in the gym to ensure we can continue to operate in high temperatures.
We also received a grant from the Rural Prosperity Fund to lay an all-weather surface behind the building which wlll allow us
to move to complete an extremely overdue lease completion with EHDC. We upgraded our elderly gas boiler and heatin8
controls to reduce our carbon footprint and received a second tranche of new exercise equipment for the gym as part of the
Fit for Future Gym project. Towards the end of the year, we prepared to bring our payroll operations inhouse.
Cl￿rItable Income
During the year, not only did we have a record number of referrals, but we also grew the number of exerciser sessions week
on week to over 600 on average and the numberof individuals seen during the year topped 1000. As a result, charitable income
increased to £204,93312023-24', £169,650).
Fundralslnq
2024-25 was a stron8 year for communlty and events fundralslng and grants. Support from the charitvs exerclsers and
supporters throughout the year continued to be superb, and the Trustees would Ilke to record their heartfelt thanks to all those
who have made donations, completed challen8es and attended events. to fundraise for Cardiac Health and to Staff and
Instructors for their efforts for the charity during the year, We were incredibly grateful to the many families who have
requested donations to the Charity In memory of loved ones.
Funds raised towards revenue expenditure included £10,000 from Sport England and £20,000 lover 2 years) from the National
Lottery. Capital grant5 of £15,000 funded replacin8 the heatin8 boiler and system, with a further £5,300 towards gym
equipment. Our thanks to the Edith Florence Spencer Memorial Trust in particular, our District Councillors and to many Trusts
and Foundations who have supported the charity.
We are especially grateful to our Patron Sir James Scott and many Vice-Patron5 for their continued support.
We were very grateful to be chosen by Alre5ford Golf Club as the Captain'5 charlty. Other successful fundraising Included a
feast of open 8ardens Ifor which we thank the owner51 and a packed events programme supported by a host ofvolunleers.
Online fundraising through the Big Give saw our hi8hest total yet thanks to the Hampshire Cricket Foundation providing
champion fundin& which once again inspired our individual donors. Retail sales were maintained against a backdrop of difficult
cost of living pressure on individual spend. During the year we closed the 100 Club as dwindling numbers of subscribers had
made it uneconomic to run but we thank the many faithful subscribers over the years who have been members.
Communlty Fundralilng
Our Events
Online fundraising
Retall sales
£33.8K
£22.5K
£10.5K
£26.8K
Up 9•10 Yoy
Up 17.8010
Yoy
M•lDt•ln•d •t hv•lof
202J-24
Volunteer5
We continue to be extremely 8rateful to all the volunteers, includin8 our Trustees. who support the charity through office
support, fundraising support, cake baking and collection days. Thank you. Total volunteering hour5 amounted to 863 hours
12024.. 1037 hours).
Flnancial Resufts for the Year
The results for the year are set out in the Statement of Financial Activities on page 12.
Our aim was to have a sustainable business model by the end of 2024-25 and through the combined increase in charitable
income and fundraising success, whilst continuing to maintain good cost control. The net incomin8 resources for the year were
£66.83812023-24: net outgoin8 resources £23,597].
Income in the year was £553,572, £138,283 more than previous year, due to an improvin8 number of exercisers and grants
and trust funding. Also included in the income is the Sum of £500 [2024: £5001 for the Servicing of the Centre's treadmill by the
Page 6

The Basingstoke and Alton Cardiac Rehabilitation
Charity Limited
Company Reglstration Number 2732756
Charlty Number 1013238
Annual Report and Financial Statements for the year ended 31 March 2025
NHS, provided pro bono and £36,000 representing the consultancy support from the Cranfield Trust towards our re-branding
project.
Expenditure increased by £47.848 to £486,734 compared to the previous year, due in the main to the £36,000 services in kind
consultancy support provided by the Cranfield Trust toward5 our re-branding project.
Restricted funds of £131,33912024'. £72,859] were received during the year with expenditure incurred on works to install
dditional air-conditioning, lay an all-weather pitch for outdoor exercise. replace the heatin8 boiler and controls to reduce the
Centre's carbon footprint. improve the Heart Rate Monitoring 5YStem and continue the programme of replacing our gym
equipment (under 'Fit for Future Gym,, above) in addition to staff training- tot311ing £80,39112024: £77.8621. £95,68312024:
£1,009] was spent from the restricted fund5 on capital assets.
The market value of investments decreased by £2,101 over the year12024: increase £42,671].
Performance of subsldlary companv
The Basingstoke and Alton Cardiac Rehabilitation Enterprises Limited remained dormant throughout the year.
Reserves Pollcv
The Reserves Policy is reviewed annually, examining the requlrements for free, unrestricted cash reserves. The Policy is to hold
nine months, operatln8 Costs in reserve given the continued residual impact of COVID on the current financial operatin8 model.
Restricted funds include money for gym equipment, long-COVID rehabilitation, the Hampshire Active Health Programme and
staff trainin8. Funds have 3150 been designated for our rebranding costs, essential systems up8rades including Windows 11 and
to the exerciser database and ongoin8 buildin8 maintenance. As at 31 March 2025 the Charity had approximately £40,277 in
free cash reserves lie non-stocks and shares). provldin8 sufficient flexibility to cover Immediate working capital requlrements.
Investment Pollcy and Objectlves
Trustees review annually the Investment policy under which the Charity'5 long-term unrestricted and restricted investments
are managed by CCLA Management Limited. Funds are held in the COIF Ethical Charity Investment Fund and the COIF Charity
Short Duration Bond Fund. The Trustees, policy 15 to achieve, over the long term, an increase in the fund's capital value, In real
terms (inflation adjusted).
Future Plans
A major milestone In our rebranding project was passed at the end of 2024-25 when we agreed our new workin81 brand name
'Cardiac Health,. We contlnue to work closely with NHS partners in seeking referrals or si8npostin8 for exercise and chan8in8
our working name will be an essential part of makin8 our breadth of services clear to healthcare partners whilst respectin8 the
legacy of the past. Work on the visual identity of the brand will be completed by the autumn of 2025.
Increasing the breadth of Services continues to have a focu5 and we are planning a Stroke Rehabilitation pro8ramme and
Menopause programme in 2026.
We continue to have to work hard to convince some healthcare providers that it is rea50n3ble, even unavoidable, to signpost
their patients to a service which is not free at the point of access. With no consistency of approach within the NHS about how
to work alon8side Voluntary sector providers it is a perennial problem to have to overcome this barrier to patient choice.
Whilst we had considerable success in grant fundraising in 2024-25, the outlook is far more bleak for grants this year and we
are forecastin8 a loss of up to £40,000 for 2025-26.
Plans are in place to maximise the impact of our new brand and of the
50, Anniversary of the service in 2026, which began as a community cardiac rehabilitation offer in Alton Sports Centre in 1976.
The Trustees are confident that the general reserves continue to be sufficient to mitigate the overall financial impact. The
Charity's strategy, reserves, quality of leadership and staff team endorses the Trustees. assessment that there are no significant
doubts of the Charitws ability to continue as a going concern.
This annual report and the unaudited financial statements for the year ended 31 March 2025 are presented under the Charitie5
Act 1993, as amended by the Charities Act 2006 and the Charities Act 2011; and the Companies Act 2006 and confirm that the
unaudited financial statement5 comply with the requirements of those Acts and the Charities SORP 2015 FRS 102 SIA.
Information on Trustees. officers and advisers on pages 2 and 3 forms part of the Trustee5' Annual Report.
Page 7

The Basin8Stoke and Alton Cardiac Rehabilitation
Charity Limited
Company Reglstratlon Number 2732756
Charity Number 1013238
Annual Report and Financial Statements for the year ended 31 March 2025
Governance and Management
The Basingstoke and Alton Cardiac Rehabilitation Charity Limited Icardiac Health) is a company limited by guarantee and a
registered charity.
The Charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee
as defined by the Companies Act 2006.
Under the Articles of Association only members of the Company, other than the CEO. shall be appointed to the Board of
Management {Trusteesl of the Charity. The Trustees, acting as directors of the Company, are responsible for the accounts and
the Company has charitable status for taxation purposes.
Board of frustees
The Trustee5 who served durlng the year are given on page 2.
Recrultment and Tralnlnq of Trustees
The Board undertakes a ski115 audit regu larly and a nominations sub-committee draws up a 5hortlist of skills and experiences
that would strengthen the performance of the Board and are in accordance with the Charity's Articles of Association. Roles are
advertised internally to beneficiaries and externally, to encourage applications. Weight 15 also given to specific experiences and
qualifications of any retiring trustees, to ensure continuity of representation of a broad skillset on the Board and connections
locally and re8ionally. Applicants are interviewed before recornmendation for appointment at a Board meeting.
A formal induction is arranged for all new trustees to ensure that they are famlliar with the Charity, the way in which it operates,
and the current Issues which face Trustees and Management. This includes attending all Board sub-committees and visits to
see exercise instruction in action and meet staff. Trustees are also encouraged to attend external training where appropriate.
Orqonlsotlonal Manaqement
The Charity Trustees are legal IV responsible for the governance and overall direction of the Charity and delegate the day-to-
day management to the CEO. The Board meets four time5 3 year. The Charity ha5 adopted a Governance Framework setting
out the Charity's governance arrangements and the delegation of responsibilities and authoritie5. Detailed monitoring is
carried out by three committee5 a5 Set out on page 2. The Chair of Trustees attends each of the committees. The main
responsibilitles of each commlttee are..
Governance, Flnance & 8ulldln8s Commlttee: to ensure compliance with all relevant legislation and the Charity's
Memorandum and Articles of Association, oversee the f inancial affalrs of Cardiac Health and all aspects of building and facilities
management. This may include the development of policies, monitorin8 of compliance, monitoring and review of the advisers
and servlce providers, discharging the Trustees, statutory duties in relation to the provision of information, 8overnance and
any audit requirements,
Income Generatlon Committee: to develop. implement and monitor strategy for income generation, fundralslng and
communications for the Charity including tactlC5 for developing new markets, stakeholder management, supporter marketin8
and fundraising.
Servlce Dellvery Commlttee: to oversee all aspects of service delivery at Cardiac Health i ncluding liai50n with partners within
the NHS and the community.
Risk Manoqement
The Board is responsible for risk managemerbt. The CEO maintains a Risk Register covering operations, health and safety,
financial borrowing, charitable status, disaster plannin8 and governance and management,. mitigations are regularly reviewed,
and management of risk 15 a routine part of all Charity activities. Mitigation action plans are reviewed at the quarterly meetings
of the Board committees and a formal review of the Risk Register is conducted annually by Trustees. It is recognised that
systems can only provide reasonable but not absolute assurance that major risks have been adequately managed.
Page 8

The Basing5toke and Alton Cardiac Rehabllltatlon
Charlty Llmited
Company Registration Number 2732756
Charlty Number 1013238
Annual Report and Financial Statements for the year ended 31 March 2025
The key controls used by the Charity include:
formal agendas for all Committee and Board actlvlty;
detailed terms of reference for all Committees,.
comprehensive strategic planning, budgeting and management accountin8;
e5tabli5hed organisational structure and lines of reporting;
formal written policies includi ng appropriate Health & safety Policies in place and actively applied by staff.
clear authorisation and approval levels.
Objectlves and Activities
Charltable Objectlves
The objectives, for which the Charity Is established, are:
a) The relief of persons suffering from or at risk of heart and coronary illness and other illnesses and medical conditions
for which supervised exercise provides rehabilitation or effective intervention by the provision and maintenance of
Cardiac Rehabilitation Unit and other relevant services.
b) The education and assistance of such persons so to develop thelr understandlng of the nature of actual and potential
medlcal conditions particularly heart disease, education in how to avoid the onset or recurrence thereof, and the role
of diet, exercise and Ilfestyle choices so that thelr conditions of life may be improved.
c) The promotion of research into the causes and treatment of heart and coronary Illness and other medical conditions,
and the publlcation of the useful results of such research.
d) The promotion of changes to lifestyles that help to achieve healthier living.
Accounting policies adopted in achieving these objectives are as set out in note 2 to these financial statement5. There have
been no material chan8es in these policies.
SlqnlAltont attlvltles
The principal activities of the Charity continue to be the pursuit of the four objectives laid o￿t above, making use of the Charlty's
purpose-built centre on a site leased from East Hampshlre Dlstrict Councll adjoinin8 Alton Sports Centre.
Statement on Public Beneflt
The Trustees have complied with their duty in section 4 of the Charlties Act 2011 to have due re8ard to the public benefit
guidance published by the Charity Commission.
It is well accepted that the use of exercise and health education is effective for both cardiac rehabilitation and the primarv
prevention of heart disease. Both are encouraged by the NHS to meet the national public health agenda. In the Charity's localitv
there is no public-sector provision, or funding, similar to the service offered by the Charity. Accordin8ly, the Trustees are clear
that the Charity's services are provided for the public benefit.
The services that the Charity provides to individuals suffering from, or at risk of, heart and coronary illness and are available to
all who wish to use them, provided that lal they are referred to the Charity by a doctor or other health professional as meeting
the appropriate medical health or condition criteria; and Ibl they are aged 18 years or more las dealing Wlth such health
conditions in minors require5 more specialist facilities and expertise than the Charity possesses). Exercisers pay a contribution
towards the cost of these services but 55Yo of the c05t must be covered by fundraisin8. A reduced contribution or free usage
Is offered for those on benefit5. and in cases of exceptional economic hardship.
Exerci5er5 are referred to us land accepted by us) strictly according to medical need. Accordingly, the Trustee5 are confident
that our services do not discriminate in term5 of adult age, gender, ethnicity, disability or sexual orientation. Our exercisers
are, however, 5elf-5electing in that it is their choice as to whether our services. and. in particular, our gym-based exercise, are
attractive to them. Exercisers cannot be referred to us without their consent. Exerci5er5 may be accompanied by a friend or
relative to support them,. such individuals are screened appropriately prior to joining any exercise session5.
Page 9

The Baslngstoke and Alton Cardiac Rehabllltation
Charity Limited
Company Re8lstratlon Number 2732756
Charity Number 1013238
Annual Report and Financial Statements for the year ended 31 March 2025
Statement of Trustees. Responslblllties
The Trustees, who are also the directors of Basingstoke and Alton Cardiac Rehabilitation Charity Limited for the purposes of
company law, are responsible for preparing the Trustees, Report and the financial statements in accordance with applicable
law and regulations.
Company law requires the Trustees to prepare financial statements for each financial year. Under that law, the Trustees have
elected to prepare the charitable company financial statements in accordance with United Kingdom Generally Accepted
Accounting Practice (United Kingdom Accounting Standards and applicable lawl. Under company law, the Trustees must not
approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the
charitable Company and of the incoming resources and application of resources, including the income and expenditure, for that
period. In preparing these financial statements, the Trustees are required to:
select suitable accounting policies and then apply them consistently,.
observe the methods and principles in the Charities SORP,.
make judgments and accountin8 estimates that are reasonable and prudent;
state whether applicable UK Accountln8 Standards have been followed, subject to any materlal departures disclosed
and explained in the financial statements;
prepare the financial statement5 on the going concern basis unless It Is Inappropriate to presume that the charltable
Company will continue in operation.
The Trustees are responsible for keeping adequate accounting records that are sufficlent to show and explain the charitable
Company's transactions and disclose, with reasonable accuracy at any time, the financial position of the charitable Company
and enable them to ensure that the financial statements comply with the Charities Act 2011 and the Companies Act 2016. They
are also responsible for safeguarding the assets of the charitable Company and hence for taking reasonable steps for the
prevention and detection of fraud and other irregularities.
Independent Exomlnotlon
Sheen Stickland were appointed as Independent Examiner to the charitable Company in June 2010 and have been re-appointed
each year following by resolution at the AGM in December.
In so far as the Trustees are aware:
there is no relevant financlal Informatlon of which the charitable Company's Independent Examiner are unaware- and
the Trustees have taken all the steps that they ought to have taken in order to make themselves aware of any relevant
financial information and to establish that the charitable Company's Independent Examiner is aware of that
informatlon.
The Trustees are responslble for the malntenance and inte8rity of the charltable Company's website. Legislation in the Unlted
Kingdom 8overning the preparatlon and dissemination of financlal statements may dlffer from le8islation in other jurlsdlctlons.
This report has been prepared In accordance with the special provlslons of Part 15 of the Companies Act 2006 relatin8 to
small companies.
Approved by the Board on 2nd December 2025 and slgned on its behalf by..
rgess. Chalrman
Page 10

The Basingstoke and Alton Cardiac Rehabilitation
Charlty Llmited
Company Reglstratlon Number 2732756
Charlty Number 1013238
Annual Report and Financial Statements for the year ended 31 March 2025
Report of the Independent Examiner
report to the Charity trustee5 on my examination of the financial statement5 of The Basingstoke and Alton Cardiac
Rehabilitation Charity Limited for the year ended 31 March 2025 set out on pages 12 to 26.
Re5ponslbllltles and basls of report
As the Charity's Trustee5 of the Company land also its directors for the purposes of company lawl you are responsible for the
preparation of the accounts in accordance with the requirements of the Companies Act 2006 (the 2006 Act).
Having satisfied myself that the accounts of the Company are not required to be audited u nder Part 16 of the 2006 Act and are
eligible for independent examination, I report in respect of my examination of your Charity's accounts as carried out under
section 145 of the Charities Act 2011 (the 2011 Act). In carrying out my examination I have followed the Directions given by
the Charity Commission under section 145151 Ibl of the 2011 Act.
Independent Examlner's statement
Since the Company's gross Income exceeded £250,000, your examiner must be a member of a body listed in section 145 ofthe
2011 Act. I confirm that l am qualified to undertake the examination because l am a rnember of The Institute of Chartered
Accountants in England and Wale5, whlch Is one of the listed bodies.
I have completed my examination. I confirm that no matter5 have come to my attention in connection with the examlnatlon
giving me cause to believe that..
accounting records were not kept in respect of the Company as required by section 386 of the 2006 Act,. or
the accounts do not accord with those records, or
the accounts do not comply wlth the accounting requirements of section 396 of the 2006 Act other than any
requlrement that the account5 give a "true and fair view" whlch Is not a matter considered a5 part of an
independent examlnatlon,. or
the accounts have not been prepared In accordance wlth the methods and principles of the Statement of
Recommended Practice for accountin8 and reporting by charities lapplicable to charlties preparin8 their
accounts in accordance with the Financial Reportin8 Standard applicable in the UK and Republic of Ireland
IFRS 10211.
I have no concerns and have corne acr055 no other matters in connection with the examination to which attention should be
drawn in thi5 report in order to enable a proper understanding of the accounts to be reached.
Signed:
D A Sanders BA {Honsl FCA
The Institute of Chartered Accountants in England and Wales
Sheen Stickland
Chartered Accountants
Alton, Hampshire
Date:
Pagell

The Basingstoke and Alton Cardiac Rehabilitation
Charity Limited
Company Registration Number 2732756
Charlty Number 1013238
Annual Report and Financial Statements for the year ended 31 March 2025
Statement of Financial Activities
Note
Unrestricted
Fund5
Restricted
Funds
Total
2025
Total
2024
Income and Endowments from:
Charltable actlvltles
Provision of exercise facilities
204,933
204,933
169,650
Tradin8 and fundraising
123,667
2,000
125,667
126,575
Donations and legacies
90,752
129,339
220,091
116,8S8
Investment Income
Total Income
Expendlture on:
Cost of raising funds
72,299
72,299
72,269
Charltable actlvltles
Provision of exercise facilities
334
414 435
366 617
Totsl Expendlture
406 343
486 734
438 886
Net In¢ome/lexpendlturel for the year
15,890
50,948
66,838
{23,597)
Net gains/llossesl on investments
12,1011
12,1011
42,671
Transfer between Funds
16,1581
6,158
Net movement In funds for the year
7,631
57,106
64,737
19,074
Reconclliatlon of Funds:
Total Funds brought forward
Total Funds carrled forward
All activities are classed as continuin8.
The notes on page5 15 to 26 form part of these financial statements.
Page 12

The Ba5ingstoke and Alton Cardiac Rehabllitatlon
Charity Limited
Company Reglstratlon Number 2732756
Charity Number 1013238
Annual Report and Financial Statements for the year ended 31 March 2025
Balance Sheet a5 at 31 March 2025
Note
Unrestricted
Funds
Restricted
Funds
Total
Total
Flxed Assets
Tangible fixed assets
Intangible fixed a55etS
Investments
io
io
li
310,699
13,513
387 824
164,481
5,290
475,180
18,803
387 824
406,112
25,025
389 925
712 036
169 771
881807
821062
Current Assets
Stocks
Debtors: amounts due within one year
Cash at bank and in hand
12
13
1,753
16,898
128 098
146,749
1,753
16,898
1,946
13,195
107 367
122,508
96
8,963
155,712
Credltors: amounts fallln8 due wlthln one
vear
14
Net Current Assets
Total Assets le55 Current Llabllltles
770,963
178,734
949,697
884,960
Net Assets
a8
Funds
Restricted funds
Unrestricted funds
15
15
178,734
770 963
121,628
763 332
Total Funds
The notes on pages 15 to 26 form part of these financlal statements,
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended
31 March 2025 and the members have not required the charitable company to obtain an audit of its financial statements in
accordance with Section 476 of the Cornpanie5 Act 2006.
The Trustees acknowledge their responsibility for..
al ensuring that the charitable company keep5 accounting records that cornply with Section5 386 and 387 of the
Companies Act 2006,. and
bl preparing financial statement5 which give a true and fair view of the state of affairs of the charitable company as at
the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements
of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to
financial statements so far as applicable to the charitable company.
These financial statements have been prepared in accordance with the special provisions of Part IS of the Companies Act 2006
relating to charitable srnall companies.
These finan
I statem
ts were approved by the Board of Trustees on 2nd December 2025 and signed on its behalf by..
rgess, C
rman of Trustees..
Date: 2//3/2<
Page 13

The Basingstoke and Alton Cardiac Rehabllltatlon
Charity Limited
Company Registration Number 2732756
Charlty Number 1013238
Annual Report and Financial Statements for the year ended 31 March 2025
Cash Flow statement for year ended 31 March 2025
Table
2025
2024
Cash generated from operatln8 actlvltles:
Net cash provided by Iu5ed inl operating activities
122 496
Cash flows from Investlng actlvltles:
Cash flows from other sources:
Bank interest received
Proceeds from sale of Investment
2,881
2,206
37
Appllcatlon of cash:
Payment for tangible fixed asset5
Payment for Intangible fixed assets
Payment for investment5
193,6831
12,0001
12,643)
13,1101
Net cash provlded by (used Inl Investln8 a¢tlvltle$
29,694
13,510)
Cash at bank and in hand at I. April
105 705
Cash at bank and In hand at 31. March
Table I:
Reconclliation of net In¢omellexpendlture) to net cash flow from operatln8 actlvltles
2025
2024
Net incomellexpenditurel for the reporting period las per the Statement of
Financial Activities)
64,737
19,074
Change in market value of investments
Depreciation charge5
Interest received
Lossllprofitl on the sale of tangible fixed assets
{Increasel/decrease in stocks
Decf easellincreasel in debtors
IDecreasel/increase in creditors
2,101
32,837
12,8811
142,6711
28,117
{2,2061
85
{2551
14,1871
193
13,7031
Net cash provided by / (used inl operating activities
122 496
The note5 on pages 15 to 26 form part of these financial statements.
Page 14

The Baslngstoke and Alton Cardiac Rehabilitation
Charity Limited
Company Reglstratlon Number 2732756
Charity Number 1013238
Annual Report and Financlal Statements for the year ended 31 March 2025
Notes to the Financial Statements for the year ended 31 March 2025
Statement of Compliance
The Basingstoke and Alton Cardiac Rehabilitation Charity Limited 15 a charity, limited by guarantee, incorporated in
England, company registration number 2732756. and charity number 1013238. The registered office is Basin8Stoke &
Alton Cardiac Rehabilitation Charity, Chawton Park Road, Alton, Hampshire GU34 IRQ.
The financial statements are presented in sterling which is the functional currency of the charity and are rounded to the
nearest pound.
The financial statements have been prepared in compliance with FRS 102 as it applied to the financial statements for
the year ended 31 March 2025.
The significant accounting policies applied in the preparation of these financial statements are set out below. These
policies have been consistently applied to all years presented unless otherwise stated,
Accountlng pollcles
The flnanclal statements of the charitable company, which is a public benefit entity under FRS 102, have been prepared
in accordance with the Charities SORP IFRS 1021 'Accountin8 and Reporting by Charities.. Statement of Recommended
Practice applicable to charities preparing their accounts in accordance with the Financial Reportin8 Standard applicable
in the United Kingdom and Republic of Ireland IFRS 1021 leffective l January 20191,, Financial Reporting Standard 102
he Reporting Standard applicable in the United Kingdom and Republic of Ireland, and the Companies Act 2006.
8asls of accountlng
The financial Statements are prepared In accordance wlth the hlstorlcal cost convention, with the exception of certain
investments which are Included at market value.
In the opinion of the Board of Trustees, the charity and its Subsidiary undertaking comprise a small grcup. Accordingly,
the charity ha5 taken advantage of the exemption provided by Section 398 of the Companies Act 2006 not to prepare
group account5. These financial statements present information about the charity as an individual undertaking.
Resources arlsin8- Income
All income is recogni5ed in the Statement of Financial Activities when the conditions for receipt have been met and
there 15 reasonable 35surance of receipt. Where a claim for repayment of income tax ha5 been or will be made, such
income is grossed up for the tax recoverable. The following accounting policies are applied to income-
al Class fees and other actlvltles
Fees receivable and charges for use of premises are accounted for in the period in which the service is provided.
bl Investment Income
Investment income is accounted for when received.
cl Donations
Donation5 and all other receipts from fund-raising are reported gr055 and the related fund-raising costs are reported
in expenditure. Donations receivable for the general purposes of the charity are credited to Unrestricted Funds.
Donation5 for purposes restricted by the wishes of the donor are taken to Restricted Funds where these wishes are
le8ally binding on the Trustees of the charity.
Page 15

The Basin8Stoke and Alton Cardiac Rehabilitation
Charlty Llmited
Company Registration Number2732756
Charity Number 1013238
Annual Report and Financlal Statements for the year ended 31 March 2025
Accounting policies (continued)
Resources expended
Expenditure is 3ccounted for on an accruals basis and is allocated to expense heading5 on a direct cost basis. The
irrecoverable element of VAT is included with the item of expense to which it relates. Liabilities are recognised when an
obligation arises to transfer economic benefit due to past transactions or events.
Costs of generatin8 funds
Costs of 8eneratin8 funds comprise the cost of fundraising. Expenditure is accounted for on an accruals basls.
Dlrect ¢harltable expendlture
Direct charitable expendlture Includes all expenditure directly related to the objects of the Charity and Is accounted for
on an accruals basis.
Support costs
Support costs, which are not attrlbutable to a single activity, are apportioned between fundra151n8 and charitable
activities based on direct expenditure incurred on those activities,
Fund accountln8
The Charity maintains various types of funds as follows:
a) Restrlrted Funds
Restricted funds represent grants, donations and le8acies received which are given by the donor for specific
purposes within the objects of the charity. Income on these investments is also restricted by the donor.
b) Unrestrlcted Funds
Designated fund5 comprise amounts set aside by the Trustees for specific purposes.
General unrestricted funds represent funds which are expendable at the discretion of the Trustees in the furtherance
of the objects of the charity. Such funds may be held to finance both workin8 capital and capital investment.
Tanglble flxed assets
Tangible fixed assets are stated at cost le55 depreciation which is provided In equal annual instalments over the
estimated useful lives of the assets. Indivldual assets over a cost of £500 are capitali5ed,' this was increased from £100
from April 2016. Properties are maintained throu8hout the year and an impairment review is carried out on an annual
basis.
The rates of depreciation applied to assets are as follows:
Leasehold propertv
Solar Pane15
Fitness equipment
Office and computer equipment and furniture
Intan8ible fixed a55et5
Intangible fixed a55ets are stated at cost less depreciation which 15 provided in equal annual instalments over the
estimated useful lives of the as5et5. Individual assets over a cost of £500 are capitalised.
The rates of depreciation applied to 355ets are as follows:
2-4% on cost
4% on cost
20% on c05t
20% on cost
Website and Computer software
20% on cost
Page 16

The Basingstoke and Alton Cardiac Rehabilltatlon
Charity Limited
Company Re8iStration Number 2732756
Charity Number 1013238
Annual Report and Financial Statements for the year ended 31 March 2025
Accounting policies (contlnued)
Investments
Investments in subsidiary undertakings are stated at cost. Other investments are stated at market value. with
revaluation adju5tment5 being taken to the income and expenditure account.
Stocks
Stocks are stated at the lower of c05t and net realisable value, having made due allowance for obsolete and slow-moving
items.
Taxatlon
The Charity is exempt from corporation tax on Its charltable activities.
Penslon costs and other post-retlrement benefits
The Charity operates a defined contribution pension scheme In the UK on behalf of the employees of the charitable
company. The amount charged to the SOFA represents the contributions payable in the year, Pension expenses are
allocated frorn unrestricted funds.
Donated a55et5 and servlces
Donated assets and services are recognised as income when the charity has control over the item, any conditions
associated with the donated item have been met, the receipt of economic benefit from the use of the item by the
charity is probable and that economic benefit can be measured reliablv.
On receipt, donated a55et5 and services are reco8nised based on the value of the gift or service to the Charity, which is
the amount the Charity would have been willing to pay to obtain the equivalent economic benefit on the open market,.
a corresponding amount is then reco8nised in expenditure in the period of receipt.
Where the value of donated as5Èts and services cannot be reliably estimated, then no such adjustment 15 made.
Flnanclal Instruments
The Charity only has flnancial assets and financial liabilities of 3 kind that quallfy as baslc flnanclal Instruments. Basic
financial instruments are initially recognised at transaction value and subsequently measured at their settlement date.
Income from Charitable Actlvltles
2025
2024
Exerclse classes
Less concesslons
Course fees
Room hire
Other income
Unrestricted income
Total income from charitable activities
194,773
11,3981
150
3,590
162,290
16901
800
4,666
204,933
169,650
Conce5si0n rale 15 offered to exerclser5 wlth low-lncome statu5 based on belng In recelpt of benefit5 as listed in ihe Concesslon Pollcy and to
ensure those econcrnically disadvantaged have acce5S to our services
Other ancillary activitie5
2025
2024
Event takin8S
Grand draw5
Sales
100 Club donations
Flag days and collection tins
Lotterv
Unrestricted income
Restricted income.. Events takings
Total income from other ancillary activities
82,862
16,319
10,416
1,992
195
81,835
14.551
10,405
2,302
2,511
123,667
124,461
126 575
Page 17

The Basingstoke and Alton Cardiac Rehabilitation
Charlty Llmited
Company Registration Number 2732756
Charlty Number 1013238
Annual Report and Flnancial Statements for the year ended 31 March 2025
Donation5 and Legacies
2025
2024
Regular giving
Donations and gifts
Legacies
In memoriam
Trusts and Foundations
8,236
13,633
6,500
26,707
7,786
19,232
19,095
Total Unrestricted income
Restricted income - regular giving
Restricted income - services provided in kind
Restricted income - Statutory grants
Re5trlcted income - Trusts and Foundatlons
960
36,500
69.763
960
500
12,935
Total Restricted Income
129 339
Total Income from donatlons and le8acles
Investment income
2025
2024
Bank interest receivable
Expenditure
Costs of generatlng funds
202
024
Staff costs
External Fundraising costs
Publiclty and marketing
Events expenses
Merchandise purchases
Support costs
43.354
3,866
8,277
10.188
5,462
44,009
6.878
4,262
11,176
4,743
Total Unrestricted
Total c05ts of generatln8 funds
Page 18

The Baslngstoke and Alton Cardiac Rehabilitatlon
Charity Limited
Company Re81stration Number 2732756
Charity Number 1013238
Annual Report and Flnancial Statements for the year ended 31 March 2025
Expendlture (continued)
Costs of charltable activitie5
2025
2024
Provision of exercise facilities:
Staff costs
Rent, rates and water
Insurance
Llght and heat
Telephone
Postage, stationery and printing
Sundries
Cleanlng
Repairs and maintenance
Health and safety
Subscriptions
Travel expenses
Staff recruitment
Bank charges
Staff refreshments
Staff uniforms
Training
Cardiologist's fees
Physical trainin8 instructors
Gym equipment maintenance
Health programme expenses
Course expenses
Room hire costs
IT costs
Depreciation
Loss on dlsposal of tangible a5set5
Support costs
160,585
2,277
3,832
4,655
2,419
2,567
iioi
10,089
9,516
18
779
227
562
2,420
1,684
137,013
1,956
3,902
5,218
2,461
3,372
1531
9,578
7,372
49
642
222
524
2,342
1,342
197
12
20,250
73,863
236
643
148
20,700
55,116
179
16
506
13,487
16,427
94
15,255
16,027
Unrestricted expenditure
334 044
288 755
Restrlcted expenditure
Salaries
Physical tralnln8 Instructors
Staff training
Health Programme costs
Studio hire
Gym equipment maintenance
Profit on disP05al of restricted assets
Property repairs and renewals
Centre equipment repairs and renewals
Depreciation on restricted assets
Support costs- services provided in kind
15,947
4.594
1,454
182
420
1,792
38,120
17,850
1,524
1,782
iioi
3,450
3.456
11,690
664
16,810
Restricted expenditure
Total costs of charltable expendlture
Page 19

The Basingstoke and Alton Cardiac Rehabilitation
Charlty Limited
Company Registratlon Number 2732756
Charlty Number 1013238
Annual Report and Financial Statements for the year ended 31 March 2025
Expendlture {continued)
Costs of generating funds
2025
2024
Support costs
Support costs of generating voluntary income
Support costs of charitable activitie5
1,152
1,201
Support costs of charitable activities- restricted
Total Support costs
Governance costs Included In Support costs
2,578
2,110
Net Incomlng/{outgoingl resources for the year is stated after char8in8:
2025
2024
Depreciation - owned assets
Independent Examiner's fee
32,837
2,510
28,117
2,084
Restricted income recelved during the year was used to purchase tan8ible fixed assets of £93,68312024: £1,009] and
Intangible assets of £2,00012024: £7501.
Employee information
2025
2024
Total staff costs comprlse:
Wages and salarie5
Social security costs
Pension contributions
206,729
8,528
206,011
8,541
219 886
219 141
Cost of generating funds: staff costs
Cost of charitable activities.. staff costs
Total staff costs
43,354
176 532
219 886
44,009
175 132
219 141
The average number of employees in the year was- 1512024: 151, full tlme equivalents 6 [2024-. 61 and the number of
employees at the end of the year wa5 1412024.. 151.
One member of staff was paid more than £60.000 per annum12024: nill.
Neither the Trustees of The Ba5ingstoke and Alton Cardiac Rehabilitation Charity Limited nor persons connected with
them received any remuneration or other benefits from the Charity. There were no expenses for trustee training
incurred by Trustees during the year12024: £nill and therefore there was no reimbursement of expenditure.
Page 20

The Basingstoke and Alton Cardiac Rehabilitation
Charity Limited
Company Registration Number 2732756
Charlty Number 1013238
Annual Report and Financial Statements for the year ended 31 March 2025
Comparatives for the Statement of Financial Activities
Unrestricted
Funds
Restricted
Funds
Total
2024
Income and Endowments from:
Charitable activitie5
Provision of exercise facilities
Trading and fundraising
Donations and legacies
Investment income
Total Income
169,650
124,461
46,113
169,650
126,575
116,858
2,114
70,745
Expendlture on;
Cost of ralsln8 funds
Charltable actlvltle5
Provision of exercise facilltles
72,269
72,269
288 755
77
Total Expendlture
438 886
Net Income/(expendlturel for the year
Net 8ainslllossesl on investments
Transfer between Funds
118,5941
42,671
12,7671
15,0031
123,5971
42,671
2.767
Net movement in fund5 for the year
21.310
12,2361
19.074
Reconclllatlon of Funds:
Total Funds brought forward
Total Funds carrled forward
10
Flxed Assets
Tangible Fixed Assets
Leasehold
Pro
ert
Fitness
ui
Office
Com
uter
Total
Cost
At l Aprll 2024
Transfers
Additions
Disposals
At 31 March 2025
Accumulated depreciatlon
At l April 2024
Transfer5
Char8e for the year
On disposals
At 31 March 2025
Net book value
At 31 March 2025
At 31 March 2024
552,612
74,501
44,124
21,232
692,469
33,076
19,021
37,113
4.473
93,683
585 688
759 180
161,155
70,221
38,564
16,417
286,357
11,903
4,838
5,363
2,511
24,615
173 058
284 000
412 630
391457
475 180
406 112
Page21

The Basingstoke and Alton Cardiac Rehabilitation
Charity Limited
Company Registration Number 2732756
Charlty Number 1013238
Annual Report and Financial Statements for the year ended 31 March 2025
10
Fixed Assets (continued)
Intangible Fixed Asset5
Website and
Com
uter Software
Total
Cost
At l April 2024
Additions
At 31 March 2025
Accumulated depreclatlon
At l April 2024
Charge for the year
At 31 March 2025
Net book value
At 31 March 2025
At 31 March 2024
45,843
45,843
20,818
20,818
11
Investments held as flxed assets
The Charity has a 100% holdin8 of 2 ordinary shares of £1 each in The Ba5ingstoke and Alton Cardlac Rehabilitation
Enterprises Llmlted, a limited company registered in En8land and Wales.
Quoted investments held In CCLA COIF Ethical Charity Investment Fund and CCLA COI F Charity Short Duration Bond
Fund {previously named Fixed Interest Fund) at 31 March 2025:
Ethical
Investment
Fund
2025
Short
Duration
Bond Fund
2025
Total
Total
2024
Market value at beginning of the year
340,024
49,899
389,923
347,252
Net unreallsed profitllloss} on
revaluation at end of year
42
Market value at end of year
Analysis of investments
2025
Asset
allocation
2024
Asset
allocation
Ethical Investment Fund
Overseas equities
Fixed interest
UK equities
Cash
Infrastructure and operating assets
Propertv
Private equity and other
Contractual and other income
Derivatives
56.97%
10.15%
8.16%
6.97%
6.60%
4.64Yo
4.60%
1.89Y.
0.02%
65.14%
8.03%
6.34%
2.18%
9.13%
4.59%
3.33%
1.24%
0.02%
Total
ioo.oo%
ioo.oo%
Page 22

The Baslngstoke and Alton Cardiac Rehabilitation
Charity Limited
Company Registration Number 2732756
Charlty Number 1013238
Annual Report and Flnanclal Statement5 for the year ended 31 March 2025
11
Investments held as fixed assets (contlnued)
2025
Asset
allocation
2024
Asset
allocatlon
Short Duration Bond Fund
Non-Governrnent Bonds
Overseas Government Bonds
Cash
UK Government Bonds
73.29%
24.48%
1.42%
0.81%
64.38%
31.14%
3.54%
0.94%
Total
ioo.oo%
ioo.oo%
12
Stocks
2025
2024
Merchandise
13
Debtors: amounts falllng due wlthln one year
2025
2024
Prepayments and accrued income
Other debtors
13,718
11,002
14
Credltors: amounts fallln8 due within one year
2025
2024
Trade creditors
Other taxation and soclal securitv
Other creditors
Deferred income and accrued expenses
21,294
2,979
665
12,841
1,718
1,378
The deferred income creditor as included withln the deferred income and accrued expenses relates to exerclse
tokens purchased during the year not yet utilised, the movement is shown below..
2025
2024
Balance at I, April
Exercise token5 purchased
Exercise tokens utilised
Balance at 31" March
29,794
189,974
179 377
23,475
165,666
159 347
Page 23

The Basingstoke and Alton Cardiac Rehabllitation
Charlty Llmlted
Company Registration Number 2732756
Charlty Number 1013238
Annual Report and Financial Statements for the year ended 31 March 2025
15
Movement in funds
Atl
April
2023
Net
movement
in funds
2024
Transfer
between
funds
2024
At31
Net
March movement
2024
in funds
2025
Transfer
between
funds
2025
At31
March
2025
Unrestrlcted Funds
General Fund
Tangible Fixed Asset
fund
Intangible Fixed
Asset fund
Designated funds:
Capital expenditure
Assisted Living Prog
Cardio108lst Fund
303,551
24,077
27,351
354,979
13,789
144,1841
324,584
329,500
19,9671
319,533
18,8341
310,699
22,425
13,1781
19,247
15,734}
13,513
25,aoo
Isooi
14,300
24,500
14,300
92,700
19,3331
117,200
4,967
742
763 332
77
13 789 ￿ ￿963
Restrlcted Funds
Written down cost of
capital as5etS
Staff Training Fund
Health Prog Fund
Long COVID Fund
Cancer Rehab Fund
Health Prog support
Outdoor Ex. area
123,864
111,5811
15641
682
11,0401
7,500
14,2911
1,623
592
4,843
107,992
1,059
1,274
3,803
7,500
58,284
14941
708
13341
{7,5001
948
664
5,494
171.770
565
1,982
3,469
948
664
123 864
121628
178 734
Total Funds
The Trustees have revlewed values of the previously designated funds In the light of progress thls year and given the
pressure of inflationary costs and tOU8h fundraising environment, the General Fund has been retained,
Tan8ible Fixed Asset fund Is the wrltten down value of the Cardiac Health buildin8.
Intan8ible Fixed Asset fund Is the written down value of the new Cardiac Health website and bespoke developed
computer 50ftware.
The Capital expenditu re designated fund is for future building maintenance- equipment replacement and future IT
developments of our website,. bespoke heart rate monitorin8 and exercise database 5y5tem5,' and the re-branding
exercise.
The Cardiologist Fund is a reserve which includes funding of a professional with appropriate clinical and medical
expertise. The cost of a Clinical Oirector 15 now included in the Statement of Financial Activities.
Restricted funds consist of capital restricted expenditure being written down. remaining capital fund5 for the
refurbishment of the Centre and a Lon8-COVID fund to help sufferers of long COVI D achieve physical reconditionin8
and cancer rehabilitation.
Page 24

The Basingstoke and Alton Cardiac Rehabilitatlon
Charity Limited
Company Registration Number 2732756
Charlty Number 1013238
Annual Report and Financial Statements for the year ended 31 March 2025
15
Movement in funds (continued)
Net movement in funds, included in the above, are as follows..
Incoming
resources
Re50urce5
expended
Net
movement
before
transfer
2024
Transfer
between
funds
Net
movement in
funds
2024
2024
2024
2024
Unrestrlcted Funds
General fund
Tangible Fixed Asset
Intangible Asset
Deslgnated fund5'.
Capital expenditu re
Assisted Living Prog.
Cardiolo8lSt Fu nd
385,101
1361,0241
24,077
27,351
19,9671
13,1781
51,428
19,9671
13,1781
13,1781
15001
13,1781
15001
385 101
361024
Restrlcted Funds
Written down cost of
capital assets
Staff Training Fu nd
Health Prog Fund
Long COVID Fund
Cancer Rehab Fund
16,300
127,8811
111,5811
14,2911
115,8721
960
48,099
{1,5241
147,4171
{1,040)
15641
682
{1,0401
1,623
592
4,843
1,059
1.274
3,803
003
Total Funds
Incomln8
resources
Resources
expended
Net
movement
before
transfer
2025
Transfer
between
funds
Net
movement in
funds
2025
2025
2025
2025
Unre5trlrted Funds
General fund
Tangible Fixed A55et
Intangible Asset
Deslgnated fund5'.
Capital expenditure
Service Delivery Fund
Cardiologist Fund
422,233
1408,444)
13,789
144,1841
18.8341
15,7341
130,3951
18,8341
{5,7341
92,700
19,333)
92,700
19,3331
422 233
408 444
Restrlcted Funds
Written down cost of
capital assets
Staff Training Fund
Health Prog Fund
Long COVID Fund
Cancer Rehab Fund
Services in Kind
Asslsted Living Fund
Outdoor Ex area
75,094
{16,8101
58,284
5,494
63,778
960
8,020
11,4541
17.3121
13341
17.5001
136,5001
19,8171
664
14941
708
13341
{7,5001
1494}
708
13341
17,5001
36,500
10,765
948
664
948
664
131339
Total Funds
Page 25

The Basingstoke and Alton Cardiac Rehabilitation
Charlty Llmlted
Company Registration Number2732756
Charlty Number 1013238
Annual Report and Flnancial Statements for the year ended 31 March 2025
15
Legal status of the Charity
The Charity Is a company incorporated in England and Wales and limited by guarantee. It ha5 no share capital. The
level of 8uarantee for each member is limited to £10 per member.
16
Related party transactions
There have been no related party transactions in the reporting period that require disclosure.
Page 26

The Basingstoke and Alton Cardiac Rehabilitation
Charity Limited
Company Reglstratlon Number 2732756
Charlty Number 1013238
Annual Report and Financial Statements for the year ended 31 March 2025
Detailed Statement of Flnancial Activities
for the year ended 31 March 2025
2025
2024
Income and Endowments from:
Charltable actlvitie5
Exercise classes
Course fees
Room hire
Other income
193,375
150
3,590
161,600
800
4,667
204,933
169,650
Total income from charitable activities
Other actlvltles
Events takings
Grand Draws
Lottery
Merchandlse sale5
100 Club donation5
Corporate 5ponsorshlp
Flag days and collection tins
82,062
16,319
11,883
10.416
1,992
800
195
123 667
79,885
14,551
12,857
10,405
2,302
1,950
124 461
Restricted income- communlty fundraising
Total Other activities
Donatlons and LeBacles
ReBular givlng
Donatlons and gifts
Legacies
In Memorlam
Trusts and Foundations
Unrestricted Income
8.236
13,633
6,500
26,707
676
7,786
19,232
19,095
Restricted income- donations: services provided in kind
Restricted income- re8ular giving
Restricted income- Statutory grants
Restricted income - Trusts and Foundation5
Restricted income
Total Donations and Le8acies
36,500
960
69,763
500
960
12,935
129 339
Investment Income
Bank deposit income
Total Income and endowments
Thi5 page does not form part of the statutory financial statements.
Page 27

The Basingstoke and Alton Cardiac Rehabllitation
Charity Limited
Company Re8iStration Number 2732756
Charity Number 1013238
Annual Report and Financial Statements for the year ended 31 March 2025
2025
2024
Expendlture: Ra151ng donations and legacles
Salaries
National Insurance contributions
Pension contributions
External Fundraising costs
Publicitv
Events expense5
Purchases
39,649
2,606
1,099
3,866
,277
10,188
40,238
2,611
1,160
6.878
4,262
11,176
Charltable actlvltles
Salaries
Salaries- ex restricted income
National Insurance contributions
National Insurance contributions - ex restricted Income
Pension contributions
Pension contrlbutions- ex restricted income
Rent, rates and water
Insurance
Li8ht and heat
Telephone
Postage and stationery
Sundries
Cleaning
Repairs and maintenance
Repairs and maintenance- ex restrlcted Income
Health and safetv
Subscriptions
Travel expenses
Staff recruitment
Bank Charges
Staff refreshments
Staff uniforms
Training
Trainin8- ex restricted income
Physical training instructors
Physical trainin8 instructors- restricted
Cardiologist fees
Health programme expense5
Health programme expenses - restricted
Course expenses
Room Hire costs
Studio Hire costs- restricted
IT costs
Loss on disposal of assets
Profit on disposal of restricted assets
Depreciation- tangible a55et5
Depreciation tangible assets on restricted assets
Depreciation intangible a55ets
Depreciation - intangible assets - on restricted a55ets
151,895
15,185
5,451
471
3,239
291
2,277
3,832
4,655
2,419
2,567
lio}
10,089
9,752
2,456
18
779
227
562
2,420
1,684
129,347
36,426
4,791
1.140
2,875
554
1,956
3,902
5.218
2,461
3,372
{531
9.578
7,372
8,688
49
642
222
524
2,342
1,342
197
12
1,454
73,863
4,524
20,250
643
182
148
1,524
55,116
17,850
20,700
179
16
506
420
15,255
13,487
94
lio}
10,890
8,844
5.537
ID,293
14,321
5,734
369 917
360 524
This page does not form part of the statutory financial statements.
Page 28

The Basingstoke and Alton Cardlac Rehabilitation
Charity Llmlted
Company Reg15tration Number 2732756
Charlty Number 1013238
Annual Report and Financial Statements for the year ended 31 March 2025
Detailed Statement of Flnancial Activities (continued)
for the year ended 31 March 2025
2025
2024
Expendlture: support costs
Independent Examiner's fee
Payroll fees and Legal fees
Con5ultancv
Consultancy- fees
2,510
991
3,641
2,084
1,634
3,576
Total resources expended
Net Incomel{expendlturel
66,838
123,597)
Unreallsed 8ain/l105sI on Investments
12,1011
42,671
Net movement In Funds
This page does not form part of the statutory financial statements.
Page 29