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HEART N SOUL
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
KINGSTON BURROWES AUDIT LTD
308 Ewell Road
Surbiton
Surrey
KT6 7AL

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HEART N SOUL
Contents
Page
Trustees, Annual Report
2-16
Independent Auditor's Report
17-21
Statement of Financial Activities
22
Balance Sheet
23
Cash Flow Statement
24
Notes to the Financial Statements
25-34

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Reference and Administrative Details
Charity name:
Heart n Soul
Charity number: 1023467
Company number: 02830733
Registered I Principal office:
The Albany
Douglas Way
Deptford
London SE8 4AG
Trustees:
Kate Linsky
Simon Platz, Treasurer
Shalim Ali
Lilly Cook
Pino Frumiento
Hannah Kent
Michael Price
Tim Adnitt
Sue Williams
Sarah Scott
David McNicholas (from 20 June 2023)
Artistic Director I Chief Executive
Mark Williams MBE
Auditor
Kingston Burrowes Audit Ltd
308 Ewell Road
Surbiton
Surrey
KT6 7AL
Bankers
HSBC
275 Greenwich High Road
Greenwich
London SE10 8NF

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Objectives and activities
Who we are
Heart n Soul is an award winning creative community and arts charity. We
believe in the power and talents of people with learning disabilities and
autistic people. We work together to make great art with imagination, love
and trust.
At Heart n Soul everyone is valued, and leadership is shared. We can be
ourselves, make change happen and have fun! Our vision is of everyone
living full and equal lives with independence, freedom and pride.
Our Values are: Fun, Creative, Change, Equal, Kind, Quality and Inventive.
What we do
We offer opportunities for people to:
Create: Be creative, explore and share their talents in ways that they choose
Connect: Make new friends and connections, in Heart n Soul, the local
community and wider society
Change: Use art and creativity to make change in various areas that impact
the wider community, becoming leaders alongside others both inside and
outside Heart n Soul
We do this through:
Art: We create opportunities for people to develop as artists, collaborate with
others, and create and share their work in various forms.
Taking Part: We run high quality creative arts activities designed by, with and
for adults with learning disabilities and autistic people
Sharing: We share our art, our creativity and how we do things with others,
creating more equal relationships and exploring better ways of doing things
together
In putting together our objectives, the Trustees have paid attention to the
Charity Commission's guidance on public benefit.

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How we measure success
Our 2022 2026 strate
is co-designed by learning disabled people and
autistic people and sets the change we want to see..
People with learning disabilities and autistic people create high quality and
life-changing art and ideas that inspire and change people's lives.
They are more connected, have greater confidence and wellbeing, and lead
change that affects their lives.
Society has a greater understanding of what people with learning disabilities
and autistic people can do, and what they offer everyone.
We understand the impact and progress we are making by finding accurate
ways to check that:
Learning disabled and autistic people feel more connected, more
confident and well
They gain new skills and knowledge
Their work is experienced by diverse people both in the local
community and in the mainstream
Organisations adopt and build on Heart n Soul's ideas and approach
Our approach
At Heart n Soul people with and without learning disabilities and autistic
people collaborate with each other in a truly equal and inclusive way.
Learning disabled and autistic people have voice and representation in all
parts of the organisation and co-produce all our activities.
We believe in the value for everyone of being present, open, creative, artist-
led and loving. We listen to what people want to do and help them to create,
connect and make change happen.
Our creativity encourages new ideas and 'out of the box, thinking. We make
space for people to ask questions, talk about what is important to them and
imagine new ways of seeing, relating, being, doing and learning. Everyone
feels a part and can develop their creativity and ideas. What people learn at
Heart n Soul helps them in other parts of their lives, helping them feel more
confident and gaining skills that help them in other parts of their lives.

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We are inspired by and collaborate with many artists across varied art forms
and connect our activities together. We share with others deeply and widely
in as many places as possible so that other people can experience our
different approaches and see the benefits that our artists, creative vision has
for everybody.
We work with partner organisations to achieve our goals so that we may
share our vision within and beyond the arts widely and in a sustainable way.
We are continuously flexible and responsive, and we have a lot of fun.
Beneficiaries are aged between 10 and 65, and over 98% have disabilities
ranging from mild or moderate to severe and complex. 510/0 are from global
majority communities. Many are subject to multiple disadvantages including
social isolation and economic hardship and can be highly vulnerable. We
work with people who live near to our Deptford base in Lewisham (42 % ) and
in adjacent boroughs as well as across London, nationally and internationally.
Volunteers both with and without learning disabilities support participants to
take part in creative sessions and are part of front of house teams at events,
providing information to the public.
Structure, governance and management
Heart n Soul is a company limited by guarantee and a registered charity. The
governing document is a Memorandum and Articles of Association dated 10
February 2011. We receive 36.5 % of our income from Arts Council England.
We raise the remainder from grants from charitable trusts and foundations,
donations from individuals, ticket sales and other earned income.
The Board of Trustees meets quarterly, with additional work done by four
sub-committees. A staff team of 11 works closely with a pool of around 100
artists, practitioners and experts. Learning disabled and autistic people are
involved at every level of our organisation (from Board through to staff,
steering teams, planning and strategic thinking), working with us to develop
our plans and priorities and to monitor and feedback on our programmes.
This demonstrates our commitment to quality, inlegrity and equality, which
ensures that we deliver programmes that touch and change peoples, lives.

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Trustees are selected to the Board through a process of election by the
trustees. They receive a personal and detailed induction by the Co-chairs,
Chief Executive and Associate Director.
In 2023124 we welcomed two new learning disabledlautistic Trustees to the
Board, David McNicholas and Sebastian Golgiri.
The Board of Trustees are led by Lilly Cook and Kate Linsky who are Co-
Chairs of the organisation.
67./0 of our trustees and 270/0 of our staff are disabled.
The Finance Sub-committee meets every quarter to oversee the financial
position and to report on the latest quarterly accounts. Other sub-committees,
such as the Fundraising Action Group, or the Strategy Group, convene as
and when they are required.
The Personnel Sub-committee is responsible for the remuneralion policy of
the staff. The salary of the Artistic DirectorlCEO is reviewed each year in
February and may be adjusted for performance or inflation. A comparison
with rates for similar roles in our sector is also undertaken. The Personnel
Sub-committee makes a recommendation to the Board. who make the final
decision.
Summary of the year
In 2023124 we created many opportunities for our community to connect with
each other, with existing and new partners, with face to face creative
activities, and to reflect together on how these should develop going as we
look to the future. We have reached more people, positively explored power
sharing and have evidenced an impact on people's lives during and beyond
their time with us. We have learnt that people of all kinds feel more
connected, valued and accepted through their relationship with Heart n Soul,
and that they feel confident to say what they think and share their ideas
freely. While consolidating and continuously developing core art and taking
part activities, we have also continued and deepened a process of making
change happen, alongside partners, in health and social care. We have
achieved this against a backdrop of a more challenging fundraising
environment, with many previous sources of no longer available to Heart n
Soul.

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Achievements and performance
This has been a busy year in which we strengthened our Discovery strand of
work and welcomed lots of new participants and partners. Our experience at
Heart n Soul at the Wellcome Hub (2018121) and our subsequent Believe in
Us project with thew Health Foundation (2021123), underlined the importance
of health and wellbeing in our community. Our reach has been extended,
partnerships deepened and way or working made more explicit. We
developed our Sharing Power graphic as a way of understanding where
power is being shared (or not) when building or considering new
relationshipslpartnerships. All our taking part programmes are currently full,
with new enquiries coming in continuously. The number of individuals
regularly taking part grew by 16% to over 230. Heart n Soul artists, co-
producers and participants hosted or took part in 44 shows, exhibitions or
events, 32 in-person and 12 online, reaching an estimated 15,000 people, a
500/0 Increase on the previous year.
While the pandemic allowed more one-to-one artist development sessions
and online group creative activities, it had also led to feelings of isolation. As
a result, we gave more focus for a second year to in-person group sessions,
so people regained a sense of community. We also retained on-line options
for those unable to attend in person.
In making this transition, we needed to continually respond and adapt in a
way that involved our community fully in reflecting, setting priorities,
innovating and co-producing activities.
Building on their co-production of our 2022 2026 strategy, learning disabled
and autistic co-producers developed an evaluation framework to underpin
this and set 5 year development priorities.
A deepening theme throughout our work this year has been collaboration
based on sharing power and building trust. Through our Believe In Us project
funded by The Health Foundation we have challenged our academic, NHS
and local authorily partners in their understanding of co-production and
encouraged them to be more bold, empowering, flexible and diverse in their
solutions. This has in turn led to some genuine examples of the early stages
of cross-cultural design.

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Artists
This year there were many new opportunities for artists to play gigs, tour and
showcase their work performing at more mainstream events across the UK.
Highlights included:
Visual artist Samuel Jegede sharing his outdoor exhibition at Deptford X
Festival.
Reuben Gayle's short animation film 'Paper' being showcased at Brighton's
Oska Bright Film Festival
Leni Whiddett displaying original artwork at the Future of Participation event
at City Hall
Danny Smith, Cheryl Lyte and Kali Perkins performing a dance piece at the
opening of Wellcome's latest Being Human portrait collaboration (featuring
Danny) at Wellcome Collection
Too Hot for Candy's farewell performance at the Great Escape in Brighton
Electric Fire releasing a new video and performing at Shambala and Funky
Llama Festival
Dean Rodney Jr and the Cowboys launching their first vinyl album at a sellout
gig at Matchstick Piehouse, touring all over the UK and getting an excellent
review in the Wire Magazine.
Heart n Soul DJ'S rocking the Southbank Centre Winter Rave and DJ Wayne
Taylor playing at the Royal Albert Hall.
Robyn Steward hosting another series of her groundbreaking Robyn's Rocket
residency at Café Oto and recording a series of EPS with different Heart n
Soul artists and as she refers to them, 'people you may have heard about.,
In total, 19 artists, designers and DJS performed at 45 events and 11 music
creators had 84 development sessions to deepen their skills, develop original
material, collaborate and innovate in their chosen art forms.

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In response to feedback and suggestions we experimented with new ways of
bringing music and visual arts creators together to collaborate with each
other. We also supported artists, use of new innovative music making
technologies to allow more continuous self-directed development. Our
ongoing learning joumey in this arena was shared at both the Audio
Developer Conference and at a Native Instruments Panel event.
Taking Part
Young people took part in 12 Do Your Own Thin
events, and we reached
117 unique individuals, an Increase of 35 % from last year. In addition, there
were 45 individual and small group sessions on topics such as DJ skills,
creating music and developing an exhibition. A team of 26 co-producers
allowed a strong youth voice to develop the project.
Numbers at our adults taking part programme, Allsorts, grew to 84 unique
individuals, with an additional 40 from the partnership with Sherard Road Day
Opportunities Centre, totaling 124, an increase of 17,/0 on the previous year.
Participants attended 24 events. Co-producers led on the design and content
of each event. We also continued weekly online sessions in Movement and
Dance, Art and face-to-face choir sessions, with Heart n Soul growing in
popularity and making more public performances.
We held 4 Deptford Club Nights in partnership with 4 venues and 26 young
people hosted, performed, or DJ-ed at SQUID INK to an audience of 282.
Building on the success of the original design work of the Feel Good
Designers in Lewisham Art House and the South London Gallery, we were
commissioned by Southbank to design a family activity trail, the Mish Mash
Family Trail, which reached 5000 people as part of the Discovery Festival
over two half term weeks.
We were delighted that staff member, David Coke representing Do Your Own
Thing, won the Youth Music Young Leader award at the Youth Music Awards
2023.

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Partnerships and Change
Believe In Us, which ended in June 2023, allowed us to explore relationships
between health and social care professionals and learning disabled people in
more depth. Project partners included The Royal Borough of Greenwich,
NHS Oxleas Trust, Royal College of Art Centre for Inclusive Design, The
Creative Computing Centre University of the Arts London and Tizard Centre,
University of Kent.
htt s:/lwww.heartnsoul.co.uklbelieve-in-us
Communication, connection and being heard emerged as key themes
through Believe in Us. The team came up with the idea of a 'jargon buster, to
improve communication between them and health and social care
professionals. The You and Me project involves further development, using
Al, to co-design a safe and sustainable communication tool that offers
alternative ways of explaining things that people don't understand. We hope
to get to the point where people understand and own the choice of who can
see their medical data. The project is pioneering for the way it is challenging
Al to be more inclusive and its potential to transform access to health
services.
An important development this year was an invitation from Royal Borough of
Greenwich to run Allsorts at Sherard Road Day Opportunities Centre.
Greenwich is currently implementing a significant re-design of their day
services for learning disabled people moving away from a day centre model
towards community-led services. At the heart of this is fundamental cultural
change in the relationships between social care professionals and the people
they support. Greenwich are looking to us to share and transmit our approach
based on genuine co-production, agency and leadership by learning disabled
people. As part of the cultural change strategy, we were commissioned to
deliver three seasons of Allsorts at Sherard Road as well as two all staff
'experience' days.
Heart n Soul young people developed a series of podcasts called What
Makes You Good, which were broadcast by Soho Radio in March 2023. This
was followed up by a Big Conversation event in partnership with the GLA, a
series of podcasts and the What Makes You Feel Good exhibition in the
Albany Café.
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We were commissioned to run our first communications consultancy with the
self-advocacy organisation, Breaking Out of the Bubble, supporting the
organisation to better understand how to effectively use social media and to
communicate better.
We were proud to partner with Associate Artist Richard Phoenix and Rough
Trade Books to see the launch and publication of his book Do Your Own
Thing, 'detailing his experiences of the best underground arts scene you
have never heard of which tells the story of the ethos, thinking and reality of
our young people's creative project.
The Wellcome Collection commissioned Heart n Soul in Sept 2023 to
codesign and make its, Library more accessible, planting the seeds for a
future exhibition featuring elements of Heart n Soul history. The project has
involved 7 co-designers working alongside a team of library assistants and
managers from Wellcome Library. We have used the approaches of taking
time to build meaningful relationships and have facilitated sessions to enable
everyone to share their ideas in a way that has been previously harder to
enact due to institutional hierarchy. The Heart n Soul Sharing Power graphic
and methodology have underpinned the first g months of the project and are
liberating the team to think, imagine and design in genuinely co-produced
ways.
We were also delighted this year, to share our 38-year archive with Wellcome
where it will be catalogued, preserved and displayed.
Learning
Feedback exercises this year have demonstrated the impact that being part
of Heart n Soul has on people's lives and wellbeing beyond their involvement
in various activities.
We conducted a second evaluation, using the framework co-designed by our
What's Next group (the first evaluation was shared with our Stage 2
document). This evaluation is a radical approach to measuring impact, where
participantslpeople who are experts by experience decide what are the
important things to collect data on, and how.

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The second evaluation focused on how attending Allsorts brought change in
people's lives.
92 /0 said that Allsorts brought positive things in their lives
600/0 said they get home after Allsorts feeling happier and energised
730/0 said they believe they can do new things
In a separate survey, 94 % of young people said they had learnt something
new at Do Your Own Thing and that it had improved their lives, giving them
"much more confidence, much more energy..
Digital
This year we had over 18,000 digital followers and subscribers, 24,000
people visited our main website, with an additional 110,000 people visiting
our associated sites. the radio crew reached over 18,000 people through their
monthly radio shows on Soho Radio.
Fundraising
We would like to address sincere thanks to all our funders who continued to
trust and support Heart n Soul. We thank Arts Council England for the award
of a three-year grant as part of the National Portfolio Organisations
programme.
Arts Council England
BBC Children in Need
Fidelity UK Foundation
Garfield Weston Foundation
Health Foundation
The Henry Smith Charity
Jerwood Arts
The John Ellerman Foundation
John Horniman's Children's Trust
London Borough of Lewisham
The Paul Hamlyn Foundation
The PRS Foundation
Royal Borough of Greenwich
The National Foundation for Youth Music
The National Lottery Community Fund
Sir William Boreman's Foundation
The Wellcome Trust
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Our generous supporters made donations. undertook sporting challenges or
organised fundraising events. Collectively they raised just £15,000. We would
like to thank:
The Kettner Society
Grand Matter
The Nunhead Choir
Villages Brewry
Fiona Watson and Fernando, who cycled 100 miles for the Ride London
Essex
Salesforce
Whole Food Market
Bucks Music
Native Instruments
Our Arts Impact Campaign, supported by the Big Give, was very successful
raising just over £6,000. Many thanks to those who contributed, namely
Jonathan Pointing, David Gold. Andrew Dickie, Matthew Oggle, Richard
Graham
We would like to thank our regular donors: Simon Platz, Kara Tanega, Matt
Saull, AR Rodwell, Helen Ganiaris, Daniel Ross, Sonia Edwards and Hannah
Kent.
Financial review
The principal risk and uncertainty facing Heart n Soul is the more challenging
fundraising environment. Trusts and Foundations are generally giving fewer
grants of lower value.
Heart n Soul navigated the critical years of the pandemic without needing to
furlough staff, seek emergency funding or scale back our work. We continued
to build our unrestricted reserves, anticipating that subsequent years would
be more challenging. Income projections have been impacted by the
increasingly competitive and volatile funding environment. Trustees have
monitored the position closely and reduced expenditure by 10 % in 2023-24
and 110/0 in 2024-25. This has been achieved by reorganising our office
space and finding new ways of working which do not impact on core delivery.
Unrestricted reserves are being used to maintain core activities, with
sufficient funds retained to cover wind-up costs. We revised our fundraising
targets and have carefully targeted applications with recent success (Youth
Music, BBC Children in Need, PRS Foundation)
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We are also continuing to maintain close and responsive relationships with
our major Trust and Foundation funders and Arts Council England; and to
maintain tight management of expenditure. Trustees are focused on our
finding new ways to achieve impact that call less on funds.
We started the financial year 2023-24, with 640/0 of our funding confirmed,
and we continue to fundraise actively.
Reserves policy
Heart n Soul navigated the pandemic successfully without accessing
emergency funding. We continued to build our unrestricted reserves, knowing
that the following years would be more challenging. 2022-23 saw a reduction
in our unrestricted reserves to £159,697, down from £314,253 the previous
year, in a planned move by trustees to draw on reserves to maintain core
activities during a period of more volatile income. They agreed to retain
sufficient unrestricted reserves to cover wind up costs (currently £92,602)
and monitored income and expenditure closely over the year. The trustees
have decided to review the policy on an annual basis, ensuring that sufficient
funds are in place to account for wind-up costs of the organisation,
contingency costs and a buffer for any unexpected expense.
Plans for the future
We will continue to create, connect, and change, as outlined in our strategic
plan which was devised by over 50 people in our community. People with
learning disabilities and autistic people will continue to be even more involved
at every level of the organisation. We look forward to continuing working with
partners such as Wellcome Collection, the National Gallery and Greenwich
Council. Heart n Soul's work is now getting more attention than ever,
attracting collaborators such as Turner Prize-winning artist Jeremy Deller and
the award-winning landscape designer David Greene. We are planning the
celebration of our 40th anniversary in 2026. We will continue to diversify our
fundraising efforts to ensure we can continue to build on our activities and to
make the most of new opportunities as they arise.
Trustees, responsibility statement
The trustees (who are also directors of Heart n Soul for the purposes of
company law) are responsible for preparing the Trustees, Annual Report and
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the financial statements in accordance with applicable law and United
Kingdom Accounting Standards (United Kingdom Generally Accepted
Accounting Practice).
Company law requires the trustees to prepare financial statements for each
financial year, which give a true and fair view of the situation of the charitable
company and of the incoming resources and application of resources,
including the income and expenditure, of the charitable company 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 2019 (FRS
102).,
make judgements and estimates that are reasonable and prudent. State
whether applicable UK Accounting Standards have been followed, subject to
any material departures disclosed and explained in the financial statements,
prepare the financial statements on the going concern basis unless it is
inappropriate to presume that the charitable company will continue in
operation.
The trustees are responsible for keeping adequate accounting records that
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 Companies Act 2006. 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.
In so far as the trustees are aware:
there is no relevant audit information of which the charitable company's
auditor is unaware and
the trustees have taken all steps that they ought to have taken to make
themselves aware of any relevant audit information and to establish
that the auditor is aware of that information
The trustees are responsible for the maintenance and integrity of the
corporate and financial information included on the charitable company's
website. Legislation in the United Kingdom governing the preparation and
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dissemination of financial statements may differ from legislation in other
jurisdictions.
Auditors
The auditors, Kingston Burrowes Audit Ltd, have expressed their willingness
to continue in office in accordance with Section 487 of the Companies Act
2006.
Small company exemptions
This report has been prepared in accordance with the special provisions of
Part 15 of the Companies Act 2006 relating to small companies.
This report was approved by the trustees on 25 November 2024 and signed
on its behalf.
Dg8CE9E4EF144A..
Simon Platz
Treasurer
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INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF
HEART N SOUL
Opinion
We have audited the financial statements of Heart N Soul (the 'charitable
company,) for the year ended 31 March 2024 which comprise the Statement
of Financial Activities, the Balance Sheet, the Cash Flow Statement and
notes to the financial statements, including a summary of significant
accounting policies. The financial reporting framework that has been applied
in their preparation is applicable law and United Kingdom Accounting
Standards, including Financial Reporting Standard 102 The Financial
Reporting Standard applicable in the UK and Republic of Ireland {United
Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
give a true and fair view of the state of the charitable company's affairs
as at 31 March 2024, and of its incoming resources and application of
resources, including its income and expenditure, for the year then
have been properly prepared in accordance with United Kingdom
Generally Accepted Accounting Practice: and
have been prepared in accordance with the requirements of the
Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on
Auditing (UK) (ISAS (UK)) and applicable law. Our responsibilities under
those standards are further described in the Auditor's responsibilities for the
audit of the financial statements section of our report. We are independent of
the charitable company in accordance with the ethical requirements that are
relevant to our audit of the financial statements in the UK, including the
FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities
in accordance with these requirements. We believe that the audit evidence
we have obtained is sufficient and appropriate to provide a basis for our
opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the trustees, use
of the going concern basis of accounting in the preparation of the financial
statements is appropriate.
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Based on the work we have performed, we have not identified any material
uncertainties relating to events or conditions that, individually or collectively.
may cast significant doubt on the charitable company's ability to continue as
a going concern for a period of at least twelve months from when the financial
statements are authorised for issue.
Our responsibilities and the responsibilities of the trustees with respect to
going concern are described in the relevant sections of this report.
Other information
The trustees are responsible for the other information. The other information
comprises the information included in the trustees, annual report, other than
the financial statements and our auditor's report thereon. Our opinion on the
financial statements does not cover the other information and, except to the
extent otherwise explicitly stated in our report, we do not express any form of
assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to
read the other information and, in doing so, consider whether the other
information is materially inconsistent with the financial statements or our
knowledge obtained in the audit or otherwise appears to be materially
misstated. If we identify such material inconsistencies or apparent material
misstatements, we are required to determine whether there is a material
misstatement in the financial statements or a material misstatement of the
other information. If, based on the work we have performed, we conclude that
there is a material misstatement of this other informalion, we are required to
report that fact.
We have nothing to report in this regard.
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
the information given in the trustees, report (incorporating the directors,
report) for the financial year for which the financial statements are
prepared is consistent with the financial statements; and
the directors, report has been prepared in accordance with applicable
legal requirements.
18

Do¢usign Envelope ID.. F92CBA61-BCDD-452tkB397-6BF9A12BDDDC
INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF
HEART N SOUL I cont
Matters on which we are required to report by exception
In the light of our knowledge and understanding of the charitable company
and its environment obtained in the course of the audit, we have not identified
material misstatements in the directors, report.
We have nothing to report in respect of the following matters in relation to
which the Companies Act 2006 requires us to report to you if, in our opinion:
adequate accounting records have not been kept, or returns adequate
for our audit have not been received from branches not visited by us; or
the financial statements are not in agreement with the accounting
records and returns", or
certain disclosures of directors, remuneration specified by law are not
made; or
we have not received all the information and explanations we require
for our audit; or
the trustees were not entitled to prepare the financial statements in
accordance with the small companies, regime and take advantage of
the small companies, exemptions in preparing the directors, report and
from the requirement to prepare a strategic report.
Responsibilities of trustees
As explained more fully in the trustees, responsibilities statement, the
trustees (who are also the directors of the charitable company for the
purposes of company law) are responsible for the preparation of the financial
statements and for being satisfied that they give a true and fair view, and for
such internal control as the trustees determine is necessary to enable the
preparation of financial statements that are free from material misstatement,
whether due to fraud or error.
In preparing the financial statements, the trustees are responsible for
assessing the charitable company's ability to continue as a going concern,
disclosing, as applicable, matters related to going concern and using the
going concern basis of accounting unless the trustees either intend to
liquidate the charitable company or to cease operations, or have no realistic
alternative but to do so.
19

Dr>cusign Envelope ID.. F92CBA61-BCDD452D-B397-6BF9A12BDDDC
INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF
HEART N SOUL I cont
Auditor's responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the
financial statements as a whole are free from material misstatement, whether
due to fraud or error, and to issue an auditorfs report that includes our
opinion. Reasonable assurance is a high level of assurance, but is not a
guarantee that an audit conducted in accordance with ISAS (UK) will always
detect a material misstatement when it exists. Misstatements can arise from
fraud or error and are considered material if, individually or in the aggregate,
they could reasonably be expected to influence the economic decisions of
users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and
regulations. We design procedures in line with our responsibilities. outlined
above, to detect material misstatements in respect of irregularities, including
fraud. The specific procedures for this engagement and the extent to which
these are capable of detecting irregularities, including fraud is detailed below:
Enquiry of management and those charged with governance about
actual and potential litigation or claims and the identification of non-
compliance with laws and regulations.
Reviewing minutes of meetings of those charged with governance.
Reviewing financial statement disclosures and testing to supporting
documentation to assess compliance with applicable laws and
regulations.
Auditing the risk of management override of controls, including testing
journal entries and other adjustments for appropriateness", and
assessing whether the judgements made in making accounting
estimates are indicative of a potential bias.
Performing analytical procedures to identify any unusual or unexpected
relationships that may indicate risks of material misstatement due to
fraud.
Professional scepticism in course of the audit and with audit sampling
in material audit areas.
Because of the inherent limitations of an audit, there is a risk that we will not
detect all irregularities, including those leading to a material misstatement in
the financial statements or non-compliance with regulation.
This risk
increases the more that compliance with a law or regulation is removed from
the events and transactions reflected in the financial statements, as we will
be less likely to become aware of instances of non-compliance. The risk is
also greater regarding irregularities occurring due to fraud rather than error,
20

Docusign Envelope ID". F92C8A61_BCDD_452D_B397-6BF9A12BDDDC
INDEPENDENT AUDITORS, REPORT TO THE MEMBERS OF
HEART N SOUL I cont
as fraud involves intentional concealment, forgery, collusion, omission or
misrepresentation.
A further description of our responsibilities for the audit of the financial
statements is located on the Financial Reporting Council's website at:
www.frc.org.uklauditorsresponsibilities. This description forms part of our
auditor's report.
Use of our report
This report is made solely to the charitable company's members, as a body,
in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our
audit work has been undertaken so that we might state to the charitable
company's members those matters we are required to state to them in an
auditor's report and for no other purpose.
To the fullest extent permitted by law, we do not accept or assume
responsibility to anyone other than the charitable company and the charitable
company's members as a body, for our audit work, for this report, or for the
opinions we have formed.
/aAsA_
Kevin Fisher BA FCA CTA (Senior Statutory Auditor)
For and on behalf of Kingston Burrowes Audit Ltd
Statutory Auditors
308 Ewell Road
Surbiton
Surrey
KT6 7AL
l Dec0￿b* 2024
21

Docuswn Envelope ID.. F92CBA61_BCDD452D_B397-6BF9A128DDDC
HEART N SOUL
STATEMENT OF FINANCIAL ACTIVITIES
FOR THE YEAR ENDED 31 MARCH 2024
(Incorporating Income and Expenditure Account)
Total
Unrestricted Restricted Funds
Funds
Funds
2024
Total
Funds
2023
Notes
Income
Donations and grants
Charitable activities
Investments
320,030
22,343
636
446,613
766,643 889,250
22,343
26,145
636
517
Total
343,009
446,613
789,622 915,912
Raising funds
Charitable activities
49,768
338,968
49,768
49,688
785,581 1,020,780
446,613
Total
388,736
446,613
835,349 1,070,468
Net income l (expenditure)
10
(45,727)
(45,727) (154,556)
Transfers between funds
17
Net movement in funds
(45,727)
(45,727) (154,556)
Reconciliation of funds
Balance brought forward
17
159,697
159,697 314,253
Balance carried forward
17
£113,970
£Nil £113,970 £159,697
The Statement of Financial Activity includes all recognised gains and losses.
All income and expenditure derives from continuing activities.
The notes form part of the financial statements.
22

Docusign Envelope ID." F92cBA6l_BCDD_452￿B397_6BF9A12BDDDc
HEART N SOUL
(A Company Limited by Guarantee and Not Having a Share Capital)
Registered Charity Number 1090781, Company Number 4360133
BALANCE SHEET AS AT 31 MARCH 2024
2024
2023
Notes
FIXED ASSETS
Tangible Fixed Assets
13
4,522
8,016
CURRENT ASSETS
Debtors
Cash at Bank and in Hand
14
51,958
161,925
48,889
239,637
213.883
288,526
CREDITORS: Amounts falling
due within one year
15 104,435
136,845
NET CURRENT ASSETS
109,448
151,681
NET ASSETS
18
£113,970
£159,697
FUNDS .
Restricted Funds
Unrestricted Funds
17
17
113,970
159,697
TOTAL FUNDS
£113,970
£159,697
These financial statements have been prepared in accordance with the provisions
applicable to small companies within Part 15 of the Companies Act 2006.
The financial statements were approved and authorised by the Trustees on
25 November 2024 and signed on its behalf by..
51gned by.
DowSignBd by..
21AC3Af*cF474D7
DD98CB9E48fT44A..
Kate Linsky
Chair
Simon Platz
Treasurer
The notes form part of the financial statements.
23

Docusign Envelope ID.. F92CBA61-BCDD452D-B3974BF9A12BDDDG
HEART N SOUL
CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
Cash flows from operating activities:
Net movement in funds per Statement of Financial Activities
Adjustments for:
Depreciation
{Increase)Idecrease in debtors
Increasel(decrease) in creditors
(45,727) (154,556}
4,907
(3,069)
(32,410)
5,927
(21,119)
(44.813)
Net cash provided by/(used in) operating activities
(76,299) (214,561)
Cash flows from investing activities:
Purchase of tangible fixed assets
(1,413)
(3,724>
Net cash provided by/(used in) investing activities
(1,413)
(3,724)
(Decrease)lincrease in cash
(77,712) (218,285}
Cash and cash equivalents brought forward
239,637
457,922
Cash and cash equivalents carried forward
£161,925
£239,637
Analysis of cash and cash equivalents
2024
2023
Cash at bank and in hand
£161,925
£239,637
The notes form part of the financial statements.
24

Docusign Envelope ID: F92CBA61-BCDD452D-B397-6BF9A12BDDDC
HEART N SOUL
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
1. ACCOUNTING POLICIES
Basis of preparation
The charity constitutes a public benefit entity as defined by FRS 102. The financial
statements have been prepared in accordance with Accounting and Reporting by
Charities: Statement of Recommended Practice applicable to charities preparing their
accounts in accordance with the Financial Reporting Standard applicable in the UK and
Republic of Ireland (FRS 102) issued in October 2019, the Financial Reporting Standard
applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act
2011, the Companies Act 2006 and UK Generally Accepted Accounting Practice.
The financial ststements are prepared on a going concern basis under the historical cost
convention. 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.
Income recognition
Items of income are recognised in the financial statements when all of the following criteria
are met:
The charity has entitlement to the funds;
any performance conditions have been met or are fully within the control of the
charity.
there is sufficient certainty that receipt of the income is considered probable"
the amount can be measured reliably.
Grant income is deferred when there is a donor imposed or implied condition specifying
the time period over which the income may be expended or in accordan￿ with agreed
budgets.
Expenditure recognition
Expenditure is recognised once there is a legal or constructive obligation to make payment
to a third party, it is probable that settlement will be required and the amount can be
measured reliably. Expenditure is classified under the following activity headings:
Costs of raising funds comprise those costs associated with attracting voluntary
donations and grants
Expenditure on charitable activities which comprises the costs of running the
various artistic activities for the charity's beneficiaries including staging concerts,
stage productions, art exhibitions, educational programmes, general and
specialised advice, advocacy and training,
25

Docusign Er>velope ID: F92CBA61_BCDD452D.B397-68FgA12BDDDC
HEART N SOUL
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024 1 cont
1. ACCOUNTING POLICIES I cont
Expenditure recognition Icont
Expenditure includes those costs of a direct nature which can be allocated to a specific
activity and also indirect costs, including governance costs that do not relate to a specific
activity but are necessary to support those activities. Support costs are apportioned to
each activity on the basis of staff time.
Fund accounting
Unrestricted general funds are freely available for use in furtherance of the objects of the
charity and which have not been designated for specific purposes.
Designated funds are unrestricted funds set aside by the trustees for particular purposes.
Restricted funds are funds which can only be used in accordance with specific restrictions
imposed by the donor or which have been raised for a particular purpose.
Tangible fixed assets and depreciation
Tangible assets costing more than £800 are capitalised. Depreciation is provided so as to
write off the cost of each asset, less its residual value, over its estimated useful life at the
following annual rates:
Technical equipment
Office equipment
25 % straight line
25 % straight line
Debtors and creditors receivablelpayable within one year
Debtors and creditors with no stated interest rate and re￿1vable or payable within one
year are recorded at transaction price. Any losses arising from impairment are recognised
expenditure.
Leases
Operating lease rentals are charged to the Statement of Financial Activities on a straight
line basis over the period of the lease.
Pensions
The charity operates a defined contribution pension scheme. Contributions payable under
the scheme are charged the Statement of Financial Activities in the year to which they
relate.
26

Docusign Envelope ID= F92CBA61-BCDD452D-8397-6BF9A12BDDDC
HEART N SOUL
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 20241 cont
DONATIONS AND GRANTS
Unrestricted
funds
Restricted
funds
Total
2024
Total
2023
Multi-disciplinary arts
Taking part
Library Archive Project
Believe in Us
111,125
208,905
27,978
309,193
16,191
93,251
139,103
518,098
16,191
93,251
92,326
548,337
248,587
£320,030
£446.613
£766,643 £889,250
Of the £889,250 recognised in 2023, £301,232 was unrestricted funds and £588,018
was restricted funds.
Total grant income received from Art Council included above was £304,904,
recognised as £107,000 under Multi-disciplinary arts and £197.904 as Taking Part.
Additionally, Heart n Soul had free use of the space at The Hub, however, due to the
fact that the space is shared with other organisations to a varying degree, it is not
possible to reliably estimate the value of this gift in kind.
3. INCOME FROM CHARITABLE ACTIVITIES
Unrestricted Restricted
funds
Funds
Total
2024.
Total
2023
Box office fees & commissions
22,343
22,343
26,145
£22,343
£Nil
£22,343
£26,145
All of the £26,145 recognised in 2023 was unrestricted funds.
4. INVESTMENT INCOME
Unrestricted Restricted
funds
Funds
Total
2024
Total
2023
Bank interest
£636
£Nil
£636
£517
All of the £517 recognised in 2023 was unrestricted funds.
27

Docusign Envelope ID.. F92CBA61-BCDD-452D-B397-6BF9A12BDDDC
HEART N SOUL
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 20241 cont
5. COST OF RAISING FUNDS
Direct
costs
Support
costs
Total
2024
Total
2023
Fundraising consulting
£49,768
£Nil £49,768
£49,688
All of the £49,688 expenditure recognised in 2023 was charged to unrestricted funds.
6. EXPENDITURE ON CHARITABLE ACTIVITIES
Other
Direct
Costs
Support
Costs
(Note 7)
Stafflng
Costs
Total
2024
Total
2023
Multi-disciplinary arts
Taking Part
Sharing
Believe in Us
Library Archive Project
116,337
41,149
247,010 147,175
39,492
196,978
84,978 479,163
143,975
617,252
10,966
248,587
21,224
10,620
71,500
4,836
525
735
93,249
16,191
£395,191 £264,660 £125,730 £785,581 £1.020.780
Of the £1,020,780 expenditure recognised in 2023, £432,762 was charged to
unrestricted funds and £588,018 was charged to restricted funds.
The total expenditure includes £304,904 spent against the grant received from Art
Council. This was recognised as £107,000 under Multi-disciplinary arts and £197,904
under Taking Part.
7. SUPPORT COSTS
General Premises Governance
Office
(Note 8)
Total
2024
Total
2023
multi4isciplinary arts
Taking Part
Sharing
Believe in Us
Library Archive Project
26,360
57,881
11,916
24,522
1,216
2,575
39,492
84,978
17,913
111,619
2,876
525
735
525
735
£85,501
£36,438
£3,791
£125,730 £132,408
28

Docusign Envelope ID.. F92CBA61-BCDD452D-B397-6BF9A12BDDDC
HEART N SOUL
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024 1 cont
8. GOVERNANCE COSTS
2024
2023
Auditors, remuneration
AGM, Trustees, meetings and related costs
3,400
391
3,385
1,146
£3,791
£4,531
LOCAL GOVERNMENT AND HOUSING ACT 1989
The company received financial assistance from local authorities. As required by the
Local Government and Housing Act 1989 the following information is given.
£30,000 (2023: £30,000) was recognised as grant income from the London Borough
of Lewisham. These funds have been fully expended.
10. NET INCOMEI(EXPENDITURE) FOR THE YEAR
Net incomel(expenditure) is stated after charging:
2024
2023
Operating lease rentals
Depreciation of tangible fixed assets
Auditors remuneration - Audit services
£30,431
£4,907
£3,400
£37,535
£5,297
£3,385
11. STAFF COSTS
Staff Costs were as follows:
2024
2023
Wages and salaries
Social Security costs
Pension costs
Staff training and recruitment
Other costs
333,933
25,742
28,798
4,191
2,527
324,839
25,013
28,726
3,477
3,589
£395,191 £385,644
One employee received total employee benefits (excluding employers national
insurance and employer pension contributions} of more than £60,000 during 2024
(2023: 1), within the band £60,000 to £70,000.
Total employee benefits received by key management amounted to £83,832 (2023:
£83,134). Under FRS 102. employee benefits includes gross salary, benefits in kind,
employers national insurance and employers pension contributions.
The average number of full-time equivalent employees during the year was 9.16
(2023: 8.95). The average monthly number of employees was 11 (2023: 11).
29

Docusign Envelope ID.. F92CBA61-BCDD4520-8397-6BF9A128DDDC
HEART N SOUL
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 20241 cont
12. DIRECTORS I TRUSTEES REMUNERATION AND EXPENSES
The trustees give their time to the charity voluntarily and receive no remuneration for
their role as trustees.
Travel and subsistence costs of £378 (2023: £771) were reimbursed to 2 (2023.. 4)
trustee(s). The total of donations received without conditions by the charity from
trustees amounted to £639 (2023: £3,720). Lilly Cook, one of the trustees was paid
£3,150 fees for Wellcome Library Project and You & Me Project.
13. TANGIBLE FIXED ASSETS
Technical
Offlce
Equipment Equipment
Total
Cost
Balance at 1 April 2023
Additions
Disposals
28,653
1,413
53,679
82,332
1,413
Balance at 31 March 2024
30,066
53,679
83,745
Depreciation
Brought forward at 1 April 2023
Charge for year
Eliminated on disposal
27,136
859
47,180
4,048
74,316
4,907
Balance at 31 March 2024
27,995
51,228
79,223
Net book value
As at 31 March 2024
£2,071
£2,451
£4,522
As at 31 March 2023
£1,517
£6,449
£8.016
14. DEBTORS
2024
2023
Trade debtors
Accrued income
Other debtors
Prepayments
28.536
13,000
25,236
12,875
2,497
8.281
10,422
£51,958 £48,889
30

Docusign Envelope ID., F92cBAe1-BcD￿4s2D-B39748F9A12BDDDc
HEART N SOUL
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 20241 cont
15. CREDITORS: Amounts falling due within one year
2024
2023
Trade creditors
Social security and other taxes
Other creditors
Accruals
Deferred income (see note 16)
6.656
8,597
2,260
8,479
78,443
43,697
2,249
763
31,613
58,523
£104,435 £136.845
16. DEFERRED INCOME
BalanGe Additions Released Balance
brought
in
Carried
fonmard
year
Forward
Income
Grants and donations
£58,523
£78,443 £(58,523) £78,443
Deferred income reflects grant income received in advance for the following financial
year. to be expended in accordance with specified or implied timeframes and agreed
budgets.
17. MOVEMENT IN FUNDS
Balance
Movement in
At
Resources
1 April Income
Expenditure
2023
Balance
At
31 March
2024
Transfers
Unrestricted funds
159.697 343,009
388,736
113,970
159,697 343,009
388,736
113,970
Restricted funds
Multi-disciplinary arts
Taking Part
Believe in Us
Library Archive
Project
27,978
309,193
93,251
27,978
309,193
93,251
16,191
16,191
446,613
446,613
General funds
Total funds
£159,697 £789,622
£835,349
£Nil
£113,970
31

Dtscusign Envelope ID= F92CBA61-8GDD-452D-B397-6BF9A12BDDDC
HEART N SOUL
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 20241 cont
17. MOVEMENT IN FUNDS I cont
The multi.disciplinary Arts Fund is for theatre, music. live art, visual art, films and
dance both filmed and performed in venues in London, nationally and internationally.
The Taking Part Fund (including clubs) provides resources for artistic input into a
number of participatory events in London and to make spaces where adults and
young people are able to express themselves.
The Hub Fund provides a research space where people from different backgrounds
and expertise collaborate on projects exploring medicine, life and art.
The Sharing Fund provides resources to share the approach, expertise and
experience of Heart n Soul with other voluntary, community and arts organisations.
Believe in Us is a two year project focussed on developing a radical new approach
for designing services with people with learning disabilities and autistic people in
London funded by The Health Foundation. Heart n Soul is the lead party in a
collaboration with Oxleas NHS Foundation Trust, Royal Borough of Greenwich,
Tizard Centre, Helen Hamlyn Centre for Inclusive Design and the University of the
Arts London (UAL) Creative Computing Institute.
Library Archive Project
The Wellcome Collection commissioned Heart n Soul to make their library more
accessible. People with learning disabilities and the library staffed are currently
reimagining what the library should look like to feel like a welcoming Spa￿ for
everyone. This also includes the showcasing of some elements of the Heart n Soul
archive, which is now managed by the Wellcome Collection Archive
Comparative information for the net movement in funds is as follows
Balance
Movement in
At
Resources
1 April Income
Expenditure
2022
Balance
At
31 March
2023
Transfers
Unrestricted funds
General funds
314,253
327,894 482,450
159,697
314,253
327,894 482,450
159,697
Restricted funds
Multi-disciplinary arts
Taking Part
Believe in Us
33,711
33,711
305,720 305,720
248,587 248,587
588,018 588,018
Total funds
£314,253 £915,912 £1,070,468
£159,697
32

Docusign Envelope ID.. F92CBA61-BCDD-452D-B397*BF9A12BDDDC
HEART N SOUL
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 20241 cont
18. ANALYSIS OF NET ASSETS BETWEEN FUNDS
Unrestricted Restricted Total Funds
Funds
Funds
2024
Tangible fixed assets
Current assets
Current liabilities
4,522
130,362
(20,914)
4,522
213.883
(104,435)
83,521
(83,521)
£113,970
£Nil
£113,970
Comparative information for the analysis of net assets between funds is as follows:
Unrestricted Restricted Total Funds
Funds
Funds
2023
Tangible fixed assets
Current assets
Current liabilities
8,016
202,232
(50,551)
8,016
288,526
(136,845)
86,294
(86,294)
£159,697
£Nil
£159,697
19. OPERATING LEASE COMMITMENTS
Total future minimum lease payments under non-cancellable operating leases are as
follows:
2024
2023
Amounts due within:
One year
One to five years
7,517
8,378
3.095
£7,517
£11,473
20. CONTINGENT ASSETS
Total grant funding awarded as at 31 March 2024 but not yet received and
recognised as income due to the recognition criteria not being met amounts to
£409,105.
33

Docusign Envelope ID- F92CBA61-BCDD-452D-B397-6BF9A12BDDDC
HEART N SOUL
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 20241 cont
21. COMPANY STATUS AND TAXATION
The charity is a company limited by guarantee, registered in England and Wales and
has no share capital. The liability of each member is restricted if the guarantee is
limited to £1. The address of the registered office is given in the Reference and
Administrative Details on page 2.
As a registered charity, Heart n Soul is exempt from taxation on its charitable
activities.
34