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|||||Pages|
|---|---|---|---|---|
|Reference and Administrative
Information|||||
|Trustees'
Report||||4-16|
|Trustees'
Responsibilities|||||
|Independent|Auditor's
Report|||t7-19|
|Consolidated|Statement|of Financial|Activities|20|
|Comparative|Consolidated
Statement||of Financial Activities|21|
|Consolidated|and Charity|Balance Sheets||22|
|Consolidated|and Charity|Statements|ofCash Flows|23|
|Notes to the|Consolidated|Financial Statements||24-33|
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|Chair:|Professor Simon Williams|
|---|---|
|Past Chair:|Professor Paul Kalra|
|Chair Elect:|Professor Roy Gardner|
|Deputy Chair|Dr Lisa Anderson|
|Treasurer|Dr Stephen
Petitt|
|Councillor|Ms Janine Beezer|
|Councillor|Dr Susan Piper|
|Councillor|Dr Carol Whelan|
|Co-opted Trustee|Ms Carys Barton|
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||||Unrestricted|Restricted|Total|Total|
|---|---|---|---|---|---|---|
||||Funds|Funds|Funds|Funds|
|||Note|2022
6|2022|2022f|2021f|
|Income:|||||||
|Donations
and legacies
Friends ofBSH contributions|||122,000||122,000|111,875|
|Research Fellowship
grants||||330,000|330,000||
|Infographic
in languages
grant
e-Learning
grant
Gift in Kind -'F' Word Campaign|||6,168|15,000|18,000
6,168|45,000|
|GiR in Kind - education
equipment
usage
Other donations|||9,000
20,181||9,000
20,181|6,995|
|Charitable
activities|||||||
|Membership
subscriptions
Annual
Meeting|||46,939
396,322||46,939
396,322|41,516
326,013|
|Training
and study days and meetings
Educational
webinars|||81,400
86,950|5,000|86400
86,950|48,865
111,000|
|e-Learning
educational
income|||12,000||12,000||
|Pathway Project income
F' Word Campaign|||1,667
40,000||1,667
40,000|63,333|
|Trading
income - merchandise|and adverts||3,464||3,464|1,423|
|Other income - bank interest|||29||29|12|
|Total incoming
resources|||826,12O|353,0OO|1,179,120|756O32|
|Expenditure
on:|||||||
|Raising funds|||15,872||15,872|20,229|
|Charitable
activities|||803,625|366,209|1,169,834|592,776|
|Total resources expended|||819,497|366,209|1,185,706|613,005|
|Net movement
in funds net|incomel||6,623|(13,209)|(6,586)|143,027|
|(expenditure)
before|transfers||||||
|Transfer between funds||19|5,000|(5,000)|||
|Net movement
in funds/net|incomel(expenditure)||11,623|(18,209)|(6,586)|143,027|
|Reconciliation
offunds|||||||
|Total funds brought
forward at|31 May 2021||405,811|37,022|442,833|299,806|
|Total funds carried forward|at 31 May 2022|19|417,434|18,813|436247|442,833|
##
|||||Unrestricted|Restriicted|Total|Total|
|---|---|---|---|---|---|---|---|
|||||Funds|Funds|Funds|Funds|
|||||2021|2021|2021|2020|
||||Note|||F||
|Income:||||||||
|Donations and legacies
Friends ofBSH contributions||||111,875||111,875|53,812|
|Research Fellowship
grants|||||||50,000|
|Membership
Survey grant|||||||25,000|
|e-Learning
grant
Other donations||||6,995|45,000|45,000
6,995|7,516|
|Charitable activities||||||||
|Membership
subscriptions
Annual
Meeting||||41,516
326,013||41,516
326,013|33,451
365,206|
|Training and study days and|meetings|||48,865||48,865|325|
|Educational
webinars||||111,000||111,000||
|F' Word Campaign||||63,333||63,333||
|Trading
income - merchandise||||1,423||1,423||
|Other income - bank interest||||12||12||
|Total incoming
resources||||711,032|45,000|756,032|535,850|
|Expenditure
on:||||||||
|Raising funds||||20,229||20,229|7,903|
|Charitable
activities||||575,412|17,364|592,776|740,247|
|Total resources expended||||595,641|17,364|613,005|748,150|
|Net movement
in funds net||income/||115,391|27,636|143,027|(212,300)|
|(expenditure)
before||transfers||||||
|Transfer between funds|||19|15,000|(15,000)|||
|Net movement
in funds/net||income/(expenditure)||130,391|12,636|143,027|(212,300)|
|Reconciliation
offunds||||||||
|Total funds brought forward|at|31 May 2020||275,420|24,386|299,806|512,106|
|Total funds carried forward||at 31 May 2021|19|405,811|37,022|442,833|299,806|
|||||Group|Group|Charity|Charity|
|---|---|---|---|---|---|---|---|
|||||2022|2021|2022|2021|
||||Note|6|6|8|8|
|Fixed assets||||||||
|Tangible fixed assets|||11|5,555|7,794|5,555|7,794|
|Investment|||12|-|-|100|100|
|||||5,555|7,794|5,655|7,894|
|Current assets||||||||
|Stock|||13|4,207|6,597|||
|Debtors|||14|430,317|303,751|409,375|363,405|
|Cash and bank and in hand||||502,612|287,314|502,612|287,314|
|||||937,136|597,662|911,987|650,719|
|Creditors: amounts||falling due within one year|15|(252,694)|(162,623)|(227,645)|(215,780)|
|Net current assets||||684,442|435,039|684342|434,939|
|Total assets|less current liabilities|||689,997|442,833|689,997|442,833|
|Creditors: amounts||falling due in greater than one year|16|(253,750)|-|(253,750)||
|Net assets||||436,247|442,833|436,247|442,833|
|Represented|by:|||||||
|Restricted funds||||18,813|37,022|18,813|37,022|
|Unrestricted|funds|||417,434|405,811|417,434|405,811|
|Accumulated|funds|at 31May 2022|18|436,247|442,833|436,247|442,833|
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||Group|Group|Charity|Charity|
|---|---|---|---|---|
||2022|2021
f|2022
6|2021
6|
|Cash flows from operating
activities|||||
|Net movement
in funds (net expenditure)/income|(6,586)|143,027|(6,586)|143,027|
|Add back depreciation|2,239|1,087|2,239|1,087|
|Adjustments
for:|||||
|Decrease/(increase)
in stock|1,565|(6,597)|||
|Increase in debtors
Increase in creditors|(125,741)
343,821|(248,217)
120,523|(45,970)
265,615|(307,871)
173,580|
|Net cash generated
from/(used
in) operations|215,298|9,823|215,298|9,823|
|Cash flows from investing
activities|||||
|Purchase oftangible
fixed assets||(5,329)||(5,329)|
|Net cash from investing
activities||(5,329)||5,329)|
|Net (decrease)/increase
in cash and cash equivalents
Cash and cash equivalents
at 1 June 2021|215,298
287,314|4,494
282,820|215,298
287,314|4,494
282,820|
|Cash and cash equivalents
at 31 May 2022|502612|287,314|502,612|287,314|
|(A) Analysis ofChanges
in Net Debt|At 1June
2021|Cash-flows|At 31 May
2022||
||6||||
|Cash at bank and
in hand|287,314|215,298|502,612||
|Total ofcash and cash equivalents|287314|215298|502612||
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|4.DIRECT COSTS||||||2022f|2021
6|
|---|---|---|---|---|---|---|---|
|General Secretariat services|||||||396|
|Management
Agency
fees - Annual|||Meeting|||125,281|96,841|
|Management
Agency fees - Training|||Day||||37,186|
|Management
Agency fees/costs -Webinars/Other|||||Events|44,059|27,860|
|3D Virtual Exhibition service - Annual|||Meeting|||16,100|20,000|
|Infographic services and delivery||||||20,573|7,900|
|F' Word Campaign
films - specialist|||company|||58,785|95,546|
|Heart Failure Projects' costs||||||2,500||
|Heart Failure Awareness
Week costs||||||1,115||
|Other chariTies network meetings||||||1,430||
|Merchandise
costs||||||810|1,184|
|Venue hire and catering||||||92,890|860|
|Accommodation,
travel and subsistence||||||40,857|5,423|
|Travel grants||||||645||
|Audio Visual,
IT hire and other IT|costs|||||35,713||
|BSH App development||||||8,960|12,621|
|e-Learning
development
and delivery||||||10,424|7,978|
|Website and IT development||||||897|400|
|Advertising,
marketing,
publications|||and|editodial||6,743|5,715|
|Awards and accreditation||||||2,115|2,257|
|Printing,
postage and stationery||||||4,928|423|
|Consultancy||||||35,974|57,913|
|GIR in Kind -'F' Word Campaign|support|||||6,168||
|Gilt in Kind - education
equipment||usage||||9,000||
|Finance, accounting
support and|advice|||||3,175|1,175|
|Subscriptions||||||2,968|2,500|
|Bank, card and similar charges||||||2,364|1,439|
|Other costs||||||780|743|
|Research Fellowship
grants||||||330000||
|||||||865,254|386,360|
|5.SUPPORT COSTS||||||2022|2021|
|||||||6||
|Consultancy||||||5,042|1,152|
|Venue hire and catering||||||138||
|Accommodation,
travel and subsistence||||||814|267|
|Audio Visual, IThire and other IT|costs|||||9,379|10,881|
|Website and ITdevelopment||||||781|2,550|
|Printing,
postage and stationery||||||126|673|
|Finance, accounting
support and|advice|||||46,842|41,272|
|Legal and professional
fees||||||586|6,372|
|Insurance||||||2,381|811|
|Virtual oflice costs - 33Cavendish||Square|||||1,826|
|Rent and service charge
—1 StAndrews||||Place||28,800|2,400|
|Depreciation - ITand equipment||||||2,239|1,087|
|Bad debts- prior years registralon||fees|||||438|
|Bank, card and similar charges||||||485|605|
|Wages and salaries and other staff||costs||||47,219|37,260|
|Governance costs (Note 6)||||||36,762|27,041|
|Other costs||||||1,993|1,865|
|||||||183,587|136,500|
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|||||||2022|2021||
|---|---|---|---|---|---|---|---|---|
|Consultancy||||||11.590|10,108||
|Venue hire and catering||||||570|936||
|Accommodation,
travel and|||subsistence|||6,534|884||
|Election voting services provider||||||2,500|||
|Auditor,
Independent||Examiner||and tax fees||7,500|2,800||
|Wages and salaries||||||7,768|12,211||
|Other costs||||||300|102||
|||||||36762|27,041||
|7.EXPENDITURE BYFUND||||||Unrestricted|Restricted|Total|
|||||||Funds|Funds|Funds|
|Year ended 31 May|2022|||||5|6|8|
|Raising funds||||||15,872||15,872|
|Charitable
activities|||||||||
|Membership||||||14,726||14,726|
|Annual
Meeting||||||400,635||400,635|
|Training
and study days and|||meetings|||52,780||52,780|
|Educational
webinars||and events||||44,275||44,275|
|e-learning
development||and activities||||1,336|18,209|19,545|
|Infographics
Project in||different languages||||8,214|18,000|26,214|
|Digital Pathway
and Mapping|||Projects|||8,555||6,555|
|Research, education,||policy|and||public awareness|100,600||100,600|
|Research
Fellowship||grants|||||330,000|330,000|
|Heart Failure Nurses|Forum|||||10,056||10,056|
|Charitable
operations||development|||and planning|33,427||33,427|
|Industry
meetings||||||2,881||2,861|
|F' Word Campaign||||||128,180||128,160|
|Total charitable
activities||||||803,625|366,209|1,169,834|
|Totalexpenditure||||||819,497|366,209|1,185,706|
|||||||Unrestricted|Restricted|Total|
|||||||Funds|Funds|Funds|
|Year ended 31 May|2021|||||6||5|
|Raising funds||||||20,229||20,229|
|Charitable
activities|||||||||
|Membership||||||9,612|2,000|11,612|
|Annual
Meeting||||||171,742||171,742|
|Training
and study days and|||meetings|||51,789||51,789|
|Educational
webinars||and events||||51,283||51,283|
|e-learning
development||and activities||||4,959|7,978|12,937|
|Research, education,||policy|and||pubhc awareness|78,434||78,434|
|Heart Failure Nurses|Forum|||||18,438|7,386|23,824|
|Charitable
operations|development||||and planning|37,288||37,288|
|Industry
meetings|||||||||
|F' Word Campaign||||||153,867||153,867|
|Total charitable
activities||||||575,412|17,364|592,776|
|Total expenditure||||||595,641|17,364|613,005|
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|This is stated|after charging:|||2022|2021|
|---|---|---|---|---|---|
|||||6|6|
|Depreciation||||2,239|1,087|
|Independent
Auditor/Examiner's||fees||||
|Group||||6,000|1,900|
|Subsidiary|(including
corporation||tax)|1,500|1,100|
|Overaccrued|in prior year||||(200)|
|Operating
property
lease and service|||charge|28,800|2,400|
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|11.TANGIBLE FIXEDASSETS -GR|OUP AND CHARITY|||
|---|---|---|---|
|||ITEquipment|Total|
|||E|6|
|Cost||||
|At 1 June 2021 and 31 May 2022||8,957|8,957|
|Depreciation||||
|At 1 June 2021||1,163|1,163|
|Charge||2,239|2,239|
|At 31 May 2022||3,402|3,402|
|Net book value||||
|At 31 May 2022||5555|5555|
|At 31 May 2021||7,794|7,794|
|12.INVESTMENT - CHARITY||||
|||2022
6|2021f|
|BSH Services Limited - 100Ordinary|Shares 61 each|100|100|
|||||2022|2021||
|---|---|---|---|---|---|---|
|||||6|6||
|Turnover||||748,803|659,388||
|Cost ofsales|and administration|||527,969|361,958)||
|Net profit||||220,834|297,430||
|Covenanted|to the Charity|||220,834|(297,430)||
|Retained
in|subsidiary||||||
|The assets and liabilities ofthe subsidiary||were:|||||
|Current assets||||329,674|392,392||
|Current
liabilities||||329,574|392,292||
|Total net assets||||100|100||
|13.STOCK|||||||
||||Group|Group|Charity|Charity|
||||2022|2021|2022|2021|
||||5|6|6|8|
|Merchandise|||4,207|6,597|||
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|14.DEBTORS||||||||||
|---|---|---|---|---|---|---|---|---|---|
|||||||Group|Group|Charity|Charity|
|||||||2022
6|2021f|2022
6|2021
6|
|Trade debtors|||||136,700||237,600||54,000|
|Prepayments
and accrued|income||||292,202||64,764|187,126|10,588|
|Deed ofCovenant due - BSH|||Services Limited|||||220,834|297,430|
|Other debtors||||||1,415|1,387|1,415|1,387|
||||||430,317||303,751|409,375|363,405|
|15.CREDITORS: Amounts|||falling due within one year|||||||
||||||Group||Group|Charity|Charity|
|||||||2022|2021|2022|2021|
||||||||6||6|
|Trade creditors||||||34,323|21,621|11,884|20,883|
|Amounts
owed to BSH Services||||Limited||||83,692|148,019|
|Other tax and social security||||||9,816|14,930|9,816|14,930|
|Accruals and deferred
income|||||129,856||123,880|43,554|29,756|
|Fellowship
grants payable|-|indMduals||||76,250||76,250||
|Other creditors||||||2449|2,192|2,449|2,192|
||||||252,694||162,623|227,645|215,780|
|16.CREDITORS: Amounts||falling due in greater|||than|one year||||
||||||Group||Group|Charity|Charity|
|||||||2022|2021|2022|2021|
|||||||6||6|6|
|Fellowship
grants payable|-|individuals|||253,750|||253,750||
|17.DEFERRED INCOME||||||||||
||||||Group||Group|Charity|Charity|
|||||||2022
6|2021f|2022
6|2021
6|
|Brought forward
1 June 2021||||||61,891|16,363|16,141|16,363|
|Released to incoming
resources||||in the year|(61,891)||(16,363)|(16,141)|(16,363)|
|Deferred
in the year||||||99,574|61,891|15,824|16,141|
|Carried forward 31 May|2022|||||99,574|61,891|15,824|16,141|
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