## **Trustees’ Annual Report for the period** ## **From 1 January 2023 Period start date to 31 December 2023 Period end date** ## **Charity name: Save a Child’s Heart** ## **Charity registration number: 1077939** ## **Objectives and Activities** ||SORP reference|| |---|---|---| |Summary of the purposes of
the charity as set out in its
governing document|Para 1.17|**To provide funds for medical care and**
**treatment for children from developing**
**countries.**
**To provide funds for training of medical**
**personnel from developing countries for**
**the benefit of Sach children.**| |Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.|Para 1.17 and
1.19|| |Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit|Para 1.18|| **Additional information (optional)** You may choose to include further statements where relevant about: SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers Other ## **Achievements and Performance** SORP reference **As per accounts.** Summary of the main Para 1.20 achievements of the charity, identifying the difference the charity’s work has made to the circumstances of its beneficiaries and any wider benefits to society as a whole. **Additional information (optional)** You may choose to include further statements where relevant about: |**Additional information (optional)**
You may choose to include further statements where relevant about:|**Additional information (optional)**
You may choose to include further statements where relevant about:|**Additional information (optional)**
You may choose to include further statements where relevant about:| |---|---|---| |||| |Achievements against
objectives set|Para 1.41|| |Performance of fundraising
activities against objectives
set|Para 1.41|| |Investment performance
against objectives|Para 1.41|| |Other||| ## **Financial Review** |**Financial Review**||| |---|---|---| |Review of the charity’s
financial position at the end
of the period|Para 1.21|| |Statement explaining the
policy for holding reserves
stating why they are held|Para 1.22|| |Amount of reserves held|Para 1.22|| |Reasons for holding zero
reserves|Para 1.22|| |Details of fund materially in
deficit|Para 1.24|| |Explanation of any
uncertainties about the
charity continuing as a going
concern|Para 1.23|| ## **Additional information (optional)** You may choose to include further statements where relevant about: |The charity’s principal
sources of funds (including
any fundraising)|Para 1.47|| |---|---|---| |Investment policy and
objectives including any
social investment policy
adopted|Para 1.46|| |A description of the principal
risks facing the charity|Para 1.46|| |Other||| ## **Structure, Governance and Management** |Description of charity’s
trusts:||| |---|---|---| |Type of governing document
(trust deed, royal charter)|Para 1.25|**Declaration of Trust dated 26/04/99**| |How is the charity
constituted?
(e.g unincorporated
association, CIO)|Para 1.25|| |Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees|Para 1.25|**Approved by Trustees**| ## **Additional information (optional)** You may choose to include further statements where relevant about: |Policies and procedures
adopted for the induction
and training of trustees|Para 1.51|| |---|---|---| |The charity’s organisational
structure and any wider
network with which the
charity works|Para 1.51|| |Relationship with any related
parties|Para 1.51|| |Other||| ## **Reference and Administrative details** **----- Start of picture text -----**
Charity name Save a Child’s Heart
Other name the charity uses
Registered charity number 1077939
Charity’s principal address 25 Crown Walk
Apsley Lock
Hemel Hempstead
Hertfordshire
HP3 9WS
**----- End of picture text -----**
## **Names of the charity trustees who manage the charity** **----- Start of picture text -----**
Dates acted if not for whole Name of person (or body) entitled
Trustee name Office (if any)
year to appoint trustee (if any)
1 W Felman
2 D Silverston
3 O Honigman Resigned 08/09/23
4 R Sher Resigned 11/07/23
5 D Cohen
6 S Dawood
7 S Franks
8
9
10
11
12
13
14
15
16
17
18
19
20
**----- End of picture text -----**
– Corporate trustees names of the directors at the date the report was approved ## **Director name** Name of trustees holding title to property belonging to the charity **Trustee name Dates acted if not for whole year** ## **Funds held as custodian trustees on behalf of others** Description of the assets held in this capacity Name and objects of the charity on whose behalf the assets are held and how this falls within the custodian charity’s objects Details of arrangements for safe custody and segregation of such assets from the charity’s own assets ## **Additional information (optional)** ## **Names and addresses of advisers (Optional information)** |**Type of**|**Name**|**Address**| |---|---|---| |**adviser**||| **Name of chief executive or names of senior staff members (Optional information)** ## **Exemptions from disclosure** Reason for non-disclosure of key personnel details ## **Other optional information** ## **Declarations** **The trustees declare that they have approved the trustees’ report above.** **Signed on behalf of the charity’s trustees** **Signature(s) Full name(s)** David Silverston **Position (eg Secretary,** Trustee **Chair, etc) Date** 22/10/2024 ||Charity No
(if any)
Period start date
01/01/2023
**To**
Period end
date
Charity Name: Save a Child's Heart
Annual accounts for the period|Charity No
(if any)
Period start date
01/01/2023
**To**
Period end
date
Charity Name: Save a Child's Heart
Annual accounts for the period|1077939
31/12/2023| |---|---|---|---| |**Section A**|**Statement of financial activities**||| |**Recommended categories by**
**activity**
Guidance Notes
**Incoming resources (Note 3)**
**Income and endowments from:**
Donations and legacies
S01
Charitable activities
S02
Other trading activities
S03
Investments
S04
Separate material item of income
S05
Other
S06
S07
**Resources expended (Note 6)**
**Expenditure on:**
Raising funds
S08
Charitable activities
S09
Separate material item of expense
S10
Other
S11
S12
S13
Net gains/(losses) on investments
S14
S15
**Extraordinary items**
S16
S17
S18
Other gains/(losses)
S19
S20
**_Reconciliation of funds:_**
S21
S22
1
**_Total_**
**_Net movement in funds_**
Total funds brought forward
**_Total funds carried forward_**
**_Total_**
**Net income/(expenditure) before investment**
**gains/(losses)**
**Net income/(expenditure)**
**Transfers between funds**
**Other recognised** **gains/(losses):**
Gains and losses on revaluation of fixed assets for the charity’s own use||**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**Endowment**
**funds**
**£**
**£**
**£**
F01
F02
F03
42,797
92,870
19,360
-
-
-
-
-
-
-
-
-
-
279
-
-|**Total funds**
**Prior year funds**
**£**
**£**
F04
F05| ||||135,667
191,917
19,360
12,265
-
-
-
-
-
-
279
54| |||62,436
92,870
-|155,306
204,236| |||-
-
-
115,652
70,428
-
-
5,036
-
-|| ||||-
-
186,080
146,700
-
-
5,036
6,619| |||120,688
70,428
-|191,116
153,319| ||||| |||58,252
-
22,442
-|35,810
-
50,916| |||-
-
-|-
-| |||58,252
-
22,442
-|35,810
-
50,916| |||-
-
-
-
-
-
-
-
-
-
-
-|-
-
-
-| ||||-
-
-
-| |||58,252
-
22,442
-|35,810
-
50,916| |||70,780
11,410
-|82,190
31,273| |||12,528
33,852
-|46,380
82,190| ||||| ## **Section B Balance sheet** |**Fixed assets**
**Intangible assets (Note 15)**
**Tangible assets (Note 14)**
**Heritage assets (Note 16)**
**Investments (Note 17)**
**_Total fixed assets_**
**Current assets**
**Stocks (Note 18)**
**Debtors (Note 19)**
**Investments (Note 17.4)**
**Cash at bank and in hand (Note 24)**
**_Total current assets_**
**Creditors: amounts falling due within**
**one year (Note 20)**
**_Net current assets/(liabilities)_**
**_Total assets less current liabilities_**
**Creditors: amounts falling due after**
**one year (Note 20)**
**Provisions for liabilities**
**_Total net assets or liabilities_**
**Funds of the Charity**
**Endowment funds (Note 27)**
**Restricted income funds (Note 27)**
**Unrestricted funds**
**Revaluation reserve**
**_Total funds_**
Signed by one or two trustees on behalf of all
the trustees|Guidance Notes
B01
B02
B03
B04
B05
B06
B07
B08
B09
B10

B11
B12
B13
B14
B15
B16
B17
B18
B19
B20
B21
|**Unrestricted**
**funds**
**Restricted**
**income**
**funds**
**£**
**£**
F01
F02
-
-
199
-
-
-
- -|**Endowment**
**funds**
**Total this**
**year**
**Total last**
**year**
**£**
**£**
**£**
F03
F04
F05
-
-
-
-
199
200
-
-
-
- -
-| |---|---|---|---| |||199
-|-
199
200| |||-
-
- -
-
-
12,329 33,852|-
-
-
- -
-
-
-
-
- 46,181
81,990| |||12,329
33,852|-
46,181
81,990| ||||- -
-| |||- -|| ||||| |||12,329
33,852|-
46,181
81,990| ||||| |||12,528
33,852|**-**
46,380
82,190| ||||- -
-
-
-
-| |||- -
-
-|| ||||| |||12,528 33,852|-
46,380
82,190| |||-
33,852
12,528|-
-
33,852
-
- 12,528
82,190
-| |||12,528
33,852|-
46,380
82,190| |||Signature|Date of
approval
dd/mm/yyyy
Print Name
22/10/2024
David Silverston| CC17a (Excel) 18/10/2024 2 **Section C Notes to the accounts (cont)** ## **Note 3 Analysis of income** **----- Start of picture text -----**
Unrestricted Restricted Endowment
funds income funds funds Total funds Prior year
Analysis £ £
Donations Donations and gifts 42,797 92,870 - 135,667 191,917
and legacies: Gift Aid - - - - -
Legacies - - - - -
General grants provided by government/other
charities - - - - -
Membership subscriptions and sponsorships
which are in substance donations
- - - -
Donated goods, facilities and services - - - - -
Other - - - - -
Total 42,797 92,870 - 135,667 191,917
Charitable Charity Trust
activities: 19,360 19,360 12,265
Ticket Sales & Events - -
- -
Other 279 279 54
Total 19,639 - - 19,639 12,319
Other trading
activities: - - - - -
- - - - -
- - - - -
Other - - - - -
Total - - - - -
Income from Interest income - - - - -
investments: Dividend income - - - - -
Rental and leasing income - - - - -
Other - - - - -
Total - - - - -
Separate - - - - -
material item - - - - -
of income: - - - - -
- - - - -
Total - - - - -
Other: Conversion of endowment funds into income
- - - - -
Gain on disposal of a tangible fixed asset held
for charity's own use - - - - -
Gain on disposal of a programme related
investment - - - - -
Royalties from the exploitation of intellectual
property rights - - - - -
Other - - - - -
Total - - - - -
TOTAL INCOME 62,436 92,870 - 155,306 204,236
**----- End of picture text -----**
CC17a (Excel) 18/10/2024 3 CC17a (Extdl 1811012024 ## **Section C Notes to the accounts (cont)** ## **Note 6 Analysis of expenditure** **----- Start of picture text -----**
This year Last year
Restricted
Unrestricted Restricted Endowment Unrestricted income Endowment
Analysis funds income funds funds Total funds funds funds funds Total funds
Expenditure on raising funds: £ £
Incurred seeking donations - - - - - - - -
Incurred seeking legacies
- - - - - - - -
Incurred seeking grants
- - - - -
Operating membership schemes and
social lotteries
- - - - -
Staging fundraising events
- - - - -
Fudraising agents
- - - - -
Operating charity shops
- - - - -
Operating a trading company
undertaking non-charitable trading
activity - - - - -
Advertising, marketing, direct mail and
publicity - - - - - - - -
Start up costs incurred in generating
new source of future income
- - - - - - - -
Database development costs - - - - - - - -
Other trading activities - - - - -
Investment management costs: - - - - -
Portfolio management costs - - - - - - - -
Cost of obtaining investment advice
- - - - - - - -
Investment administration costs
- - - - - - - -
Intellectual property licencing costs
- - - - - - - -
Rent collection, property repairs and
maintenance charges - - - - - - - -
- - - - - - - -
Total expenditure on raising funds - - - - - - - -
Expenditure on charitable activities:
Expenses incurred on events 1,052 28 1,080 4,700 4,700
Medical Equipment 5,000 5,000 -
SACH - Israel
81,600 70,400 152,000 145,000 145,000
Dr Sivan Elkarat- medical training
scholarship 28,000 - 28,000 - - - -
Total expenditure on charitable
activities 115,652 70,428 - 186,080 4,700 145,000 - 149,700
Separate material item of expense
Wages and salaries - - - - - - - -
- - - - - - - -
- - - - - - - -
Total - - - - - - - -
Other
Bank fees and card charges 269 - - 269 183 - - 183
Insurance 428 - - 428 418 - - 418
Just Giving fee 360 - - 360 446 - - 446
General expenses 3,979 - - 3,979 2,572 - - 2,572
Total other expenditure 5,036 - - 5,036 3,619 - - 3,619
TOTAL EXPENDITURE 120,688 70,428 - 191,116 8,319 145,000 - 153,319
**----- End of picture text -----**
CC17a (Excel) 18/10/2024 5 ## **Section C Notes to the accounts (cont)** **Note 24 Cash at bank and in hand** |**Note 24 Cash at bank and in hand**|| |---|---| |**Other**
**Cash at bank and on hand**
**Total**
**Short term cash investments (less than 3 months maturity date)**
**Short term deposits**|**This year**
**Last year**
**£**
**£**
-
-
-
-
46,181
81,990
-
-| ||46,181
81,990| CC17a (Excel) 18/10/2024 6 ## **Independent examiner's report on the accounts** ## **Section A Independent Examiner’s Report** **Report to the trustees** Charity Name Save a Child’s Heart **On accounts for the year** 31 December 2023 **Charity no** 1077939 **ended (if any) Set out on pages** CC17 pages 1-5 for the year ended 31 December 2023 (remember to include the page numbers of additional sheets) I report to the trustees on my examination of the accounts of the above charity (“the Trust”) for the year ended **31/12/23.** **Responsibilities and** As the charity's trustees, you are responsible for the preparation of the **basis of report** 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 2011 Act and in carrying out my examination, I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. **Independent** I have completed my examination. I confirm that no material matters have **examiner's statement** come to my attention in connection with the examination which gives me cause to believe that in, any material respect: - the accounting records were not kept in accordance with section 130 of the Charities Act; or - the accounts did not accord with the accounting records; or - the accounts did 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. **Date:** 25/10/24 **Signed: Name:** Mark Brown (on behalf of Gravita II LLP) **Relevant professional** FCA **qualification(s) or body (if any): Address:** Aldgate Tower, 2 Leman Steet, London, E1 8FA **Oct 2018** 1 **IER** ## **Section B Disclosure** Only complete if the examiner needs to highlight material matters of concern (see CC32, Independent examination of charity accounts: directions and guidance for examiners). **Give here brief details of any items that the examiner wishes to disclose** . **Oct 2018** 2 **IER**