REGISTERED CHARITY NUMBER: 1074745
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31st March 2022
for
Heartlands Cystic Fibrosis Centre
West - Chartered Accountants Office 2 Greswolde House 197b Station Road Knowle Solihull West Midlands B93 0PU
Heartlands Cystic Fibrosis Centre
Contents of the Financial Statements for the Year Ended 31st March 2022
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 4 |
| Independent Examiner's Report | 5 | ||
| Statement of Financial Activities | 6 | ||
| Balance Sheet | 7 | ||
| Notes to the Financial Statements | 8 | to | 12 |
| Detailed Statement of Financial Activities | 13 |
Heartlands Cystic Fibrosis Centre
Report of the Trustees
for the Year Ended 31st March 2022
The trustees present their report with the financial statements of the charity for the year ended 31st March 2022. The trustees have adopted the provisions of 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) (effective 1 January 2019).
Page 1
Heartlands Cystic Fibrosis Centre
Report of the Trustees
for the Year Ended 31st March 2022
OBJECTIVES AND ACTIVITIES
Objectives and Activities
The objectives of the Charity are to raise funds for:
o a centre of excellence for the medical care of patients with cystic fibrosis for the whole of the West Midlands region through the provision, maintenance, and improvement of a specialist fibrosis centre at the Heart of England NHS Foundation Trust.
o the provision of the continual improvement of facilities of whatever nature for patients at the CF Centre as the Trustees may from time to time deem appropriate.
o the promotion of research into the causes and treatment of cystic fibrosis and to publish results thereof.
o the provision of counselling services for persons suffering from cystic fibrosis and their families.
o the furtherance of public education about cystic fibrosis and research into the condition.
o the education, training and rehabilitation of people suffering from cystic fibrosis to enable them to earn a living and develop their full potential as members of society.
Review of activities
During the year the charity has deployed the funds raised in a number of different ways including:
o Funding of education and training for CF professionals o Providing grants to patients
o Enhancing the facilities available for in-patients
Structure, Governance and Management
The Charity is governed by a Trust Deed dated 4 November 1998.
The Trustees are appointed by the Board of Trustees and serve for a five-year term after which they may put themselves forward for re-appointment.
The charitable status of the organisation has been confirmed by The Charities Commission. The major risks to which the charity is exposed, as identified by the trustees, have been reviewed and a system has been established to mitigate those risks.
Recruitment and appointment of new Trustees
In selecting individuals for appointment as trustees, the trustees have regard to skills, knowledge and experience needed for the effective administration of the charity.
Risk management
The Trustees have examined the major risks that the charity faces and confirm that systems have been established to enable regular reports to be produced so that the necessary steps can be taken to lessen these risks.
Reserves Policy
The Trustees aim to maintain free reserves in unrestricted funds at a level which will provide sufficient funds available to cover ongoing expenses and commitments and to enable significant projects and initiatives to be taken forward. At year end £141,674 was held in reserve, which will in part be deployed as part of a patient room refurbishment initiative.
Public Benefit
The trustees are aware of the obligations of the charity, which are set out in the Guidance issued by The Charities Commission under The Charities Act 2006. They are confident that the work of the charity in pursuit of its objects is delivering Public Benefit. The Trustees will comply with the future reporting requirements in this regard.
Page 2
Heartlands Cystic Fibrosis Centre
Report of the Trustees
for the Year Ended 31st March 2022
Financial Review
The Charity's income for the year ended 31 March 2022 was £31,398 which included a £10,000 grant from Sports England to provide exercise equipment for patients. Expenditure totalled £38,593 which included spending £9,953 on exercise equipment to fulfil the requirements of the Sports England grant.
Achievements
During the year the Charity provided support with grant funded exercise equipment for 60 patients and distributed £1,780 in emergency funding for patients in financial difficulty.
Future Plans
The Charity is committed to continual update and refurbishment of patient rooms and patient areas. Furthermore, the Charity's trustees will determine how in the future the Charity can raise funds and deploy them in order to continue to support CF patients.
Trustees' responsibilities in relation to the financial statements
The trustees are responsible for preparing the Trustees' Annual Report and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (Untied Kingdom Generally Accepted Accounting Practice)
The law applicable to charities in England & Wales requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:
o select suitable accounting policies and then apply them consistently; o observe the methods and principles in the Charities SORP 2015 (FRS 102); o make judgements and estimates that are reasonable and prudent;
o state whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements;
o prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will not continue in business
The Trustees are responsible for keeping accounting records which disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the Charity (Accounts and Reports) Regulations 2008 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Signed on behalf of the Trustees
Dr J L Whitehouse - Chair of Trustees
Dated: 20 January 2023
Page 3
Heartlands Cystic Fibrosis Centre
Report of the Trustees
for the Year Ended 31st March 2022
STRUCTURE, GOVERNANCE AND MANAGEMENT
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number 1074745
Principal address
Ward 26 Heartlands Hospital Bordesley Green East Bordesley Green Birmingham West Midlands B9 5SS
Trustees
Dr J L Whitehouse - Chair Dr D Honeybourne - Vice Chair & Founder Trustee Dr D Stableforth - Founder Trustee Mr D Sellers - Treasurer Mrs J Bull MBE - Patients' Representative Dr R Rashid Ms J M Barrett Dr N Patel Mr S Williams - Patients' Representative
Independent Examiner
West - Chartered Accountants Office 2 Greswolde House 197b Station Road Knowle Solihull West Midlands B93 0PU
Approved by order of the board of trustees on 20th January 2023 and signed on its behalf by:
Dr J L Whitehouse - Trustee
Page 4
Independent Examiner's Report to the Trustees of Heartlands Cystic Fibrosis Centre
Independent examiner's report to the trustees of Heartlands Cystic Fibrosis Centre
I report to the charity trustees on my examination of the accounts of Heartlands Cystic Fibrosis Centre (the Trust) for the year ended 31st March 2022.
Responsibilities and basis of report
As the charity trustees of the Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act').
I report in respect of my examination of the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act.
Independent examiner's statement
I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:
-
accounting records were not kept in respect of the Trust as required by Section 130 of the Act; or
-
the accounts do not accord with those records; or
-
the accounts do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
Susan West West - Chartered Accountants Office 2 Greswolde House 197b Station Road Knowle Solihull West Midlands B93 0PU
20th January 2023
Page 5
Heartlands Cystic Fibrosis Centre
Statement of Financial Activities
for the Year Ended 31st March 2022
| Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 10,903 Charitable activities Charitable Activities 9,389 Investment income 2 6 Total 20,298 EXPENDITURE ON Charitable activities Charitable Activities 25,884 Other 876 Total 26,760 NET INCOME/(EXPENDITURE) (6,462) RECONCILIATION OF FUNDS Total funds brought forward 147,569 TOTAL FUNDS CARRIED FORWARD 141,107 |
Restricted funds £ - 11,100 - 11,100 11,833 - 11,833 (733) 1,300 567 |
2022 Total funds £ 10,903 20,489 6 31,398 37,717 876 38,593 (7,195) 148,869 141,674 |
2021 Total funds £ 12,431 25,727 23 38,181 42,049 954 43,003 (4,822) 153,691 148,869 |
|---|---|---|---|
The notes form part of these financial statements
Page 6
Heartlands Cystic Fibrosis Centre
Balance Sheet
31st March 2022
| Unrestricted fund Notes £ CURRENT ASSETS Debtors 5 - Cash at bank 210,513 210,513 CREDITORS Amounts falling due within one year 6 (69,406) NET CURRENT ASSETS 141,107 TOTAL ASSETS LESS CURRENT LIABILITIES 141,107 NET ASSETS 141,107 FUNDS 7 Unrestricted funds Restricted funds TOTAL FUNDS |
Restricted funds £ 520 47 567 - 567 567 567 |
2022 Total funds £ 520 210,560 211,080 (69,406) 141,674 141,674 141,674 141,107 567 141,674 |
2021 Total funds £ 1,481 193,929 195,410 (46,541) 148,869 148,869 148,869 147,569 1,300 148,869 |
|---|---|---|---|
The financial statements were approved by the Board of Trustees and authorised for issue on 20th January 2023 and were signed on its behalf by:
Dr J L Whitehouse - Trustee
The notes form part of these financial statements
Page 7
Heartlands Cystic Fibrosis Centre
Notes to the Financial Statements for the Year Ended 31st March 2022
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) '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) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
Income
All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably.
Expenditure
Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources.
Taxation
The charity is exempt from tax on its charitable activities.
Fund accounting
Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees.
Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes.
Further explanation of the nature and purpose of each fund is included in the notes to the financial statements.
2. INVESTMENT INCOME
| INVESTMENT INCOME | |||
|---|---|---|---|
| 2022 | 2021 | ||
| £ | £ | ||
| Deposit account interest | 6 | 23 |
3. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31st March 2022 nor for the year ended 31st March 2021.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31st March 2022 nor for the year ended 31st March 2021.
continued...
Page 8
Heartlands Cystic Fibrosis Centre
Notes to the Financial Statements - continued for the Year Ended 31st March 2022
| 4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unrestricted fund £ INCOME AND ENDOWMENTS FROM Donations and legacies 12,431 Charitable activities Charitable Activities - Investment income 23 Total 12,454 EXPENDITURE ON Charitable activities Charitable Activities 17,622 Other 954 Total 18,576 NET INCOME/(EXPENDITURE) (6,122) RECONCILIATION OF FUNDS Total funds brought forward 153,691 TOTAL FUNDS CARRIED FORWARD 147,569 5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR Prepayments |
Restricted funds £ - 25,727 - 25,727 24,427 - 24,427 1,300 - 1,300 2022 £ 520 |
Total funds £ 12,431 25,727 23 38,181 42,049 954 43,003 (4,822) 153,691 148,869 2021 £ 1,481 |
|---|---|---|
continued...
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Heartlands Cystic Fibrosis Centre
Notes to the Financial Statements - continued for the Year Ended 31st March 2022
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| Other creditors 7. MOVEMENT IN FUNDS Unrestricted funds General fund Restricted funds Crisis Fund Sport England TOTAL FUNDS Net movement in funds, included in the above are as follows: Unrestricted funds General fund Restricted funds Crisis Fund Sport England TOTAL FUNDS Comparatives for movement in funds Unrestricted funds General fund Restricted funds Crisis Fund TOTAL FUNDS |
At 1.4.21 £ 147,569 1,300 - 1,300 148,869 Incoming resources £ 20,298 1,100 10,000 11,100 31,398 At 1.4.20 £ 153,691 - 153,691 |
2022 2021 £ £ 69,406 46,541 Net movement At in funds 31.3.22 £ £ (6,462) 141,107 (780) 520 47 47 (733) 567 (7,195) 141,674 Resources Movement expended in funds £ £ (26,760) (6,462) (1,880) (780) (9,953) 47 (11,833) (733) (38,593) (7,195) Net movement At in funds 31.3.21 £ £ (6,122) 147,569 1,300 1,300 (4,822) 148,869 |
|---|---|---|
continued...
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Heartlands Cystic Fibrosis Centre
Notes to the Financial Statements - continued for the Year Ended 31st March 2022
7. MOVEMENT IN FUNDS - continued
Comparative net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 12,454 | (18,576) | (6,122) |
| Restricted funds | |||
| Cystic Fibrosis Trust | 23,477 | (23,477) | - |
| Crisis Fund | 1,750 | (450) | 1,300 |
| Gym Equipment | 500 | (500) | - |
| 25,727 | (24,427) | 1,300 | |
| TOTAL FUNDS | 38,181 | (43,003) | (4,822) |
A current year 12 months and prior year 12 months combined position is as follows:
| Unrestricted funds General fund Restricted funds Crisis Fund Sport England TOTAL FUNDS |
At 1.4.20 £ 153,691 - - - 153,691 |
Net movement in funds £ (12,584) 520 47 567 (12,017) |
At 31.3.22 £ 141,107 520 47 |
|---|---|---|---|
| 567 | |||
| 141,674 |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows:
| Incoming | Resources | Movement | |
|---|---|---|---|
| resources | expended | in funds | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 32,752 | (45,336) | (12,584) |
| Restricted funds | |||
| Cystic Fibrosis Trust | 23,477 | (23,477) | - |
| Crisis Fund | 2,850 | (2,330) | 520 |
| Gym Equipment | 500 | (500) | - |
| Sport England | 10,000 | (9,953) | 47 |
| 36,827 | (36,260) | 567 | |
| TOTAL FUNDS | 69,579 | (81,596) | (12,017) |
continued...
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Heartlands Cystic Fibrosis Centre
Notes to the Financial Statements - continued for the Year Ended 31st March 2022
8. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31st March 2022.
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Heartlands Cystic Fibrosis Centre
Detailed Statement of Financial Activities for the Year Ended 31st March 2022
| Detailed Statement of Financial Activities for the Year Ended 31st March 2022 |
||
|---|---|---|
| 2022 | 2021 | |
| £ | £ | |
| INCOME AND ENDOWMENTS | ||
| Donations and legacies | ||
| Donations | 10,903 | 12,431 |
| Investment income | ||
| Deposit account interest | 6 | 23 |
| Charitable activities | ||
| Charitable Activities | 8,739 | 25,227 |
| Grants | 11,750 | 500 |
| 20,489 | 25,727 | |
| Total incoming resources | 31,398 | 38,181 |
| EXPENDITURE | ||
| Charitable activities | ||
| Salary recharge accrual | - | 23,477 |
| Secretarial support | 19,539 | 16,511 |
| Insurance | 264 | 75 |
| Healthcare professional fees | 3,360 | (2,408) |
| Telephone | 953 | 924 |
| Gym equipment | 9,953 | 520 |
| Advertising | 720 | 2,052 |
| Sundries | 350 | 348 |
| Event costs | 698 | - |
| Crisis fund expenditure | 1,880 | 550 |
| 37,717 | 42,049 | |
| Support costs | ||
| Governance costs | ||
| Accountancy and legal fees | 876 | 954 |
| Total resources expended | 38,593 | 43,003 |
| Net expenditure | (7,195) | (4,822) |
This page does not form part of the statutory financial statements
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