(x=) Smailes Goldie \J/ CHARTERED ACCOUNTANTS
Charity No. 1091814 Company Registration No. 04372703
Help For Health (A company limited by guarantee)
Report and Financial Statements
30 June 2025
PIN POA $D-0222435-1-6
Help for Health
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|CONTENTS|Page|
|Legal|and|administrative|information|1|
|Report|of|the Board of|Trustees|2-4|
|Report|of|the Auditors|5-7|
|Statement|of financial|activities|8|
|Balance|sheet|9|
|Notes|forming part of|the|financial|statements|10-14|
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Help for Health LEGAL AND ADMINISTRATIVE INFORMATION
STATUS
The organisation is a charitable company limited by guarantee (No. 4372703), incorporated on 13 February 2002 and registered as a charity on 30 April 2002 (No. 1091814). The name was changed from The Humberside Charitable Health Trust on 8 June 2010.
The company was established under a Memorandum ofAssociation which sets out the objects and powers ofthe charitable company and is governed under its Articles of Association. Under those Articles, the members of the Board may be reelected.
BOARD OF TRUSTEES
The following served as trustees during the year and up to the date of this report:
Dr A Milner . Chairman MrR Field Ms R Foster Ms C Hargreaves Mr A Mould Mr D K Nuttall Dr E Pinder Mr SL Smith Ms V Winterton
REGISTERED OFFICE
Citadel House, 58 High Street, Hull, HU1 1QE
AUDITORS
Smailes Goldie, Regents Court, Princess Street, Hull, HU2 8BA
BANKERS
Barclays Bank
SOLICITORS
Wilkin Chapman Rollits, Citadel House, 58 High Street, Hull, HU] 1QE
INVESTMENT MANAGERS
Evelyn Partners, Central Suite, 2™ Floor, St Ann’s Quay, 122 Quayside, Newcastle upon Tyne, NE1 3BD.
1
Help for Health REPORT OF THE BOARD OF TRUSTEES FOR THE YEAR ENDED 30 JUNE 2025
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 30 June 2025. 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 (FRS102) (effective 1 January 2019).
OBJECTIVES AND PUBLIC BENEFIT ACTIVITIES
The company is a charity and is established to deliver grants to relieve the sick and mentally and physically disabled and to support the development ofmedical research and medical sciences within Kingston upon Hull, East Riding of Yorkshire and North and North East Lincolnshire.
The charity carried out its objectives by inviting applications for grant aid from registered charities and research bodies. As a general rule, the charity does not award grants to individuals.
The Board of Trustees confirm that they have referred to the guidance contained in the Charity Commission’s General Guidance on Public benefit when reviewing the aims and objectives and in planning future activities.
REVIEW OF THE YEAR INCLUDING FINANCIAL REVIEW
As with many charities and other organisations holding funds within stock market linked portfolios, Help for Health experienced a turbulent few years with the value of its investment portfolios around the time of the Covid 19 pandemic. This was followed by losses due to further well known world events. The Trustees are pleased to report that the recovery during the two years to 30 June 2024 has continued with further growth in reserves during the current year.
Following agreement between the trustees and the Charity Commission the residue of the Estate of the late Mrs L E Lazenby was transferred to Help for Health. Under the terms of her Will, this was to form a charitable trust to assist residents of the East Riding of Yorkshire with medically related expenses under terms very similar to the objectives of Help for Health. Sums received were invested in a Restricted Fund to ensure they are targeted only at the geographical area of the East Riding of Yorkshire, per her wishes. During the year to 30 June 2025 grants amounting to £5,634 (2024: £20,000) were made from the Lazenby Fund.
Further grants amounting to £83,138, as detailed on page 11, were also made during the year together with contingent commitments of a further £394,300. New funding came mainly from investment income plus realised and unrealised investment gains within the investment portfolio of £166,795 (2024: £404,896) per page 8. A positive net movement in funds of £148,170 (2024: £319,595) has been added to reserves.
As part of their continuing review, the trustees have been considering how they could assist the local area with its shortage of healthcare professionals. For an initial 3 year period it has entered into a venture with two other local charities offering bursaries to local sixth form students contemplating health related degree subjects at University but where financial issues (as defined) may restrict those ambitions. Bursaries of £14,500 (2024: £7,000) (included within the above £83,138) were paid during the year. Continuance of this project is under review before the next university year begins in Autumn 2026.
ORGANISATIONAL STRUCTURE
The full Board of Trustees generally meet bi-monthly and consider al! matters relating to the charity.
FUTURE STRATEGY AND RESERVES POLICY
The charity trustees are continuing with a thorough review of their policies and futures strategy. In the meantime, it plans to make grants consistent with its objectives and as the trustees consider appropriate.
Applications are considered for healthcare provision (including facilities and equipment), medical research and medical / health related education.
No grants are made where statutory funding should apply. Trustees normally apply a minimum two year gap between grants being awarded to the same organisation and in general terms the trustees prefer not to be a sole funder of a project.
2
Help for Health REPORT OF THE BOARD OF TRUSTEES FOR THE YEAR ENDED 30 JUNE 2025
The trustees are enabled to make loans to charities in appropriate circumstances. By 30 June 2025 no loans had been made, although negotiations have concluded on a loan to a local charity which the trustees now expect to be drawn down during the following year.
It is the trustees’ present intention to ensure the charity’s life is for at least fifteen years and to maintain reserves at levels to enable it to do so while at the same time fulfilling its objectives. At 30 June 2025, reserves amounted to £5,814,355 (2024: £5,666,185) including restricted funds of £1,023,323 (2024: £991,110).
INVESTMENT POLICY
The Board of Trustees continue to engage Evelyn Partners to manage the investment portfolio within the Evelyn Partners Personalised Investment Management Service. This enables Evelyn a greater involvement in portfolio management. Note 5 (page 12) summarises the performance of the Funds and the charges made.
Advice and guidance is sought from Evelyn Partners to ensure compliance with Charity Commission Guidance on Investment of Capital.
The funds with Evelyn Partners are invested with the aim of furthering the trustees’ charitable objectives and purpose. The key investment objective is to invest the charity’s longer-term capital to preserve its real value, after inflation. The focus is on investing on a total return basis and on managing the risk with the aim of ensuring, where possible, a relatively consistent return. The trustees accept some fluctuations in the value of the trust’s investments, in the shorter term, in order to try and achieve retums higher than those from cash and the level of inflation and as such have invested with a moderate attitude towards risk. This involves investing across a wide range of asset classes in different markets to ensure adequate diversification and may include both active and passive investments. The investment portfolio is reviewed and, if necessary, changed on a regular basis so the agreed risk strategy is maintained. Annual meetings take place with Evelyn Partners and discussions are held from time to time during the year.
The trustees will never knowingly invest directly in a company or fund that promotes products or services which could be considered harmful to health. The base and reporting currency of the investments is Sterling while the balance of funds is held on bank current and deposit accounts.
RISK REVIEW
The Board of Trustees conducted its own review of the major risks to which the charity is exposed, and systems have been established to mitigate those risks. Procedures are in place to ensure that applications for grants are considered fully and made in furtherance of the charity’s objectives. The investment policy and performance are reviewed regularly.
RESPONSIBILITIES OF THE TRUSTEES
The trustees (who are also directors of Help for Health Registered Charity for the purposes of company law) are responsible for preparing the Trustees’ Annual Report and the financial statements in accordance with applicable law and United Kingdom Accountancy 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 state of affairs 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:
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select suitable accounting policies and then apply them consistently. - observe the methods and principles in the Charities SORP. - make judgements and estimates that are reasonable and prudent.
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in business.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to 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.
3
Help for Health REPORT OF THE BOARD OF TRUSTEES FOR THE YEAR ENDED 30 JUNE 2025
The trustees, having considered all available information about their financial reserves and ongoing commitments, have a reasonable expectation that the company has adequate resources to continue its stated objectives and operational existence for a period exceeding 12 months from the date of approval of these financial statements and have therefore prepared the financial statement on a going concern basis.
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.
MEMBERS OF THE BOARD OF TRUSTEES
Members of the Board of Trustees who are directors for the purpose of company law and trustees for the purpose of charity law, who served during the year and up to the date of this report are set out on page 1.
Trustees are already familiar with the practical work of the charity, most having been involved for a number of years. The policy for recruitment of new trustees is to provide suitable introduction and supporting documents to familiarise them with the charity and its operations. The charity is a member of Yorkshire Funders which offers support and training opportunities for trustees.
Trustees are recruited as needed to ensure that the Board has the appropriate mix of skills and experience.
Members of the charitable company guarantee to contribute an amount not exceeding £1 to the assets of the charitable company in the event of winding up. The total number of such guarantees on 30 June 2025 was 9.
INSURANCE COVER
The Company continues to have insurance, with a limit of £1m, to cover its directors against the cost of defending themselves from any civil legal proceedings taken against them. To the extent permitted by law, the Company also indemnifies its directors who are also trustees. Neither protection applies in the event of fraud or dishonesty.
AUDITORS
Smailes Goldie was re-appointed as the charitable company’s auditors at the Annual General Meeting during the year and have expressed their willingness to continue in that capacity.
STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS
The directors who were in office on the date of approval of these financial statements have confirmed, as far as they are aware, that there is no relevant information of which the auditors are unaware. Each of the directors have confirmed that they have taken all steps that they ought to have taken as directors to make themselves aware of any relevant audit information and to establish that it has been communicated to the auditors.
Approved by the Board of Trustees on 1g March 2026 and signed on its behalf by:
A Milner - Chairman
4
Help for Health INDEPENDENT AUDITORS’ REPORT TO THE MEMBERS OF HELP FOR HEALTH
Opinion
We have audited the financial statements of Help for Health Registered Charity (the ‘charitable company’) for the year ended 30 June 2025 which comprise Statement of Financial Activities, the Balance Sheet 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 (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
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give a true and fair view of the state of the charitable company’s affairs as at 30 June 2025 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended;
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- 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 of 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 Auditors 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.
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 concem 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 Annual Report, other than the financial statements and our Report of the Independent Auditors 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 this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this or other information, we are required to report the fact. We have nothing to report in this regard.
Opinion on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
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the information given in the Report of the Trustees for the financial year for which the financial statements are prepared is consistent with the financial statements; and
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the Report of the Trustees has been prepared in accordance with applicable legal requirements.
Matters on which we are required to report by exception
In the light of the 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 Report of the Trustees.
5
Help for Health INDEPENDENT AUDITORS’ REPORT TO THE MEMBERS OF HELP FOR HEALTH (Continued)
We have nothing to report in respect of the following matters where 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
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the financial statements are not in agreement with the accounting records and returns; or
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- certain disclosures of trustees’ 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 take advantage of the small companies exemption from the requirement to prepare a Strategic Report or in preparing the Report of the Trustees.
Responsibilities of trustees
As explained more fully in the Statement of Trustees Responsibilities, 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 concem, disclosing, as applicable, matters related to going concer and using the going concer 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.
Auditor 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 a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but 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 extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to 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, 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.uk/auditorsresponsibilities. This description forms part of our Report of the Independent Auditors.
Our approach to identifying and assessing the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations, was focused on specific laws and regulations which we considered may have a direct material effect on the financial statements or the operations of the company, including the Companies Act 2006, tax legislation, data protection, anti-bribery, employment, environmental and health and safety legislation. An understanding of these laws and regulations and the extent of compliance was obtained through discussion with management and inspecting legal and regulatory correspondence.
We assessed the susceptibility of the company's financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by making enquiries of management and considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations.
6
Help for Health INDEPENDENT AUDITORS’ REPORT TO THE MEMBERS OF HELP FOR HEALTH
(Continued)
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To address the risk of fraud through management bias and override of controls, we:
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performed analytical procedures to identify any unusual or unexpected relationships;
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tested journal entries to identify unusual transactions;
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assessed whether judgements and assumptions made in determining the accounting estimates were indicative of potential bias; and
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Investigated the rationale behind significant or unusual transactions.
In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:
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agreeing financial statement disclosures to underlying supporting documentation;
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reading the minutes of meetings of those charged with governance; and
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enquiring of management as to actual and potential litigation and claims.
Due to 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. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any.
The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission, or misrepresentation.
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 auditors' 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.
Luke-faylor BSc (Hons) FCA
Smailes Goldie
Chartered Accountants
Statutory Auditor Regent’s Court Hull, East Yorkshire, HU2 8BA
7
Help for Health STATEMENT OF FINANCIAL ACTIVITIES (INCLUDING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 30 JUNE 2025
| Unrestricted _Restricted | Unrestricted _Restricted | ||||
|---|---|---|---|---|---|
| Notes | Funds | Funds | 2025 | 2024 | |
| £ | £ | £ | £ | ||
| INCOMING RESOURCES | |||||
| Interest andinvestmentincome | 99,223 | 19,275 | 118,498 | 103,453 | |
| Donations | 2,887 | - | 2,887 | 45 | |
| Legacies | - | - | = | a | |
| TOTAL INCOMINGRESOURCES | 102,110 | 19,275 | 121,385 | 103,498 | |
| RESOURCES EXPENDED | |||||
| Charitable expenditure | |||||
| Grantspayable | 2 | 83,138 | 5,634 | 88,772 | 138,432 |
| Management and administration | 2 | 43,942 | 7,296 | 51,238 | 50,367 |
| TOTAL RESOURCESEXPENDED | 127,080 | 12,930 | 140,010 | 188,799 | |
| NET OUTGOINGRESOURCES | (24,970) | 6,345 | (18,625) | (85,301) | |
| Netrealised andunrealised investment gains | 140,927 | 25,868 | 166,795 | 404,896 | |
| Net movement in funds | 115,957 | 32,213 | 148,170 | 319,595 | |
| Total funds at 1 July2024 | 4,675,075 | 991,110 | 5,666,185 | 5,346,590 | |
| Totalfundsat30June2025 | 4,791,032 | 1,023,323 | 5,814,355 | 5,666,185 |
All operations are classed as continuing. All gains and losses recognised in the year are included above.
8
Help for Health
BALANCE SHEET AS AT 30 JUNE 2025
Company Registration No. 04372703
| Notes | 2025 | 2024 | ||
|---|---|---|---|---|
| £ | £ | |||
| INVESTMENTS | 5 | 5,739,673 | 5,698,323 | |
| CURRENT ASSETS | ||||
| Cash at bank | 79,182 | 6,128 | ||
| Debtors | 6 | 326 | 281 | |
| 79,508 | 6,409 | |||
| CREDITORS: AMOUNTS | FALLINGDUE | 7 | 4,826 | 38,547 |
| WITHIN ONE YEAR | ||||
| NETCURRENTASSETS /(LIABILITIES) | 74,682 | (32,138) | ||
| CREDITORS: AMOUNTS | FALLINGDUE | - | - | |
| IN OVERONE YEAR | ||||
| NETASSETS | 8 | 5,814,355 | 5,666,185 | |
| UNRESTRICTED FUNDS | ||||
| General funds | 9 | 4,791,032 | 4,675,075 | |
| : | ||||
| RESTRICTED FUNDS | ||||
| Lazenby fund | 9 | 1,023,323 | 991,110 | |
| TOTALFUNDS | 5,814,355 | 5,666,185 |
The financial statements have been prepared in accordance with the provisions applicable to charitable companies, subject to the small companies’ regime.
The financial statements were approved by the Board of Trustees and authorised for issue on 13 March 2026 and were signed on its behalf by:
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s (——
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A Milner - Director
A Mould - Director
9
Help for Health NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
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1 ACCOUNTING POLICIES
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(a) Help for Health is a private company, limited by guarantee, registered in England and Wales. The company’s registered number and registered office address is given on page 1 of these 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, with the exception of investments which are included at market value, as modified by the revaluation of certain assets.
The financial statements are prepared on a going concern basis under the historical cost convention, modified to include certain items at fair value. The financial statements are presented in sterling which is the functional currency ofthe charity and rounded to the nearest pound.
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.
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(b) Resources expended are recognised in the period in which they are incurred and are accounted for on an accrual basis. Resources expended include attributable VAT which cannot be recovered.
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(c) Unrestricted funds are donations and other incoming resources receivable or generated for the objects of the charity without further specified purpose and are available as general funds.
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(d) Restricted funds are donations and other incoming resources receivable or generated for the objects of the charity that can only be used for the purpose specified by the donor.
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(e) Listed investments are included in the accounts at Market Value. The variance between the valuation of investments at the balance sheet date and the purchase price is shown as unrealised gains or losses in the statement of financial activities.
(f) Income Income generally is recognised when the charity has entitlement to the funds and it is probable that the income will be received and the amount can be measured reliably.
Income from grants and legacies is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants and legacies have been met and it is probable that the income will be received and the amount can be measured reliably and is not deferred.
Interest received on funds held on deposit is included when receivable and the amount can be measured reliably by the charity.
- (g) Debtors and Creditors
Debtors are recorded at transaction price; they relate to income that has been recognised in the accounts but has not been received by the balance sheet date.
Creditors are recorded at transaction price, they relate to expenditure recognised within the accounts because a legal or constructive obligation committing the charity to that expenditure exists, but the liability has not been settled by the balance sheet date. Grants approved and committed by the balance sheet date but not paid to charities are accrued within these accounts.
- (h) Tangible Fixed Assets
Individual tangible fixed assets costing £1,000 or more are capitalised at cost.
10
Help for Health
NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
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|||||||||
|---|---|---|---|---|---|---|---|
|2|TOTAL|RESOURCES|EXPENDED|
|2025|2024|
|£|£|
|Grants|payable|in|furtherance|of the|charity’s|objects:|
|From|unrestricted|funds|83,138|118,432|
|From|restricted|funds|5,634|20,000|
|88,772|138,432|
|Unrestricted|funds|
|Hull|Churches Home From|Hospital|15,500|
|Student|Bursaries|via JVenn|14,500|
|Samaritans|of Hull|10,000|
|Run|With|It|10,000|
|Local|Defibrillator|project (HANDS|partnership)|7,500|
|HEY|Children’s|University|5,100|
|VANEL|5,000|
|City|of Hull|Street Angels|5,000|
|Lincoln &|Lindsey|Blind|Society|3,700|
|Other|grants|of £3,000|or|less|6,838|
|83,138|
|Restricted|funds|
|Beverley RUFC|Community|5,634|
|5,634|
|Management|and|administration:|
|Legal|and|professional|(including|Indemnity|insurance)|450|313|
|Audit|fee|4,900|3,698|
|Investment|portfolio|charges|43,846|42,710|
|Other|administration|2,042|3,646|
|51,238|50,367|
|TOTAL RESOURCES EXPENDED|140,010|188,799|
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11
ve
Help For Health
NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
- NET INCOMING RESOURCES FOR THE YEAR This is stated after charging:
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|||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|2025|2024|
|£|£|
|Auditors’|remuneration:|
|Audit|4,900|3,698|
|4|TAXATION|
|The|charitable|company|is|exempt|from|corporation|tax|on|its|charitable|activities.|
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- 5 INVESTMENTS
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||||||||||
|---|---|---|---|---|---|---|---|---|
|Cash|and|
|Listed|settlements|
|Investments|pending|Total|
|£|£|£|
|Market value|as|at 30|June|2024|5,645,726|52,597|5,698,323|
|Additions|1,181,961|(1,181,961)|-|
|Disposals|(1,367,682)|1,367,682|-|
|Cash funds|in/(out)|.|(200,000)|(200,000)|
|Charges|-|(43,846)|(43,846)|
|Investment income|-|118,401|118,401|
|Gains/|(losses)|on|disposals|86,059|-|86,059|
|Gains/ (losses)|on revaluation|80,736|-|80,736|
|Market|value|30|June 2025|5,626,800|112,873|5,739,673|
|6|DEBTORS|
|2025|2024|
|£|£|
|Debtors|326|281|
|7|CREDITORS:|AMOUNTS|FALLING DUE|WITHIN|ONE YEAR|
|2025|2024|
|£|£|
|Accruals|(including|grants approved|by|the balance|sheet|date)|4,827|38,547|
|8|ANALYSIS|OF|NET|ASSETS|BETWEEN|FUNDS|
|Unrestricted|Restricted|2025|2024|
|Funds|Fund|
|£|£|£|£|
|Investments|4,826,126|913,547|5,739,673|5,698,323|
|Current|assets|(30,268)|109,776|79,508|6,409|
|Creditors|(4,826)|-|(4,826)|(38,547)|
|NET|ASSETS AT|30 JUNE|2025|4,791,032|1,023,323|5,814,355|5,666,185|
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12
Help For Health
NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
9 MOVEMENTS IN FUNDS
| Movements in funds are as follows: | ||||
|---|---|---|---|---|
| At 1 July | Incoming | Outgoing | At 30June | |
| 2024 | Resources | Resources | 2025 | |
| £ | and | £ | £ | |
| investment | ||||
| gains | ||||
| £ | ||||
| UNRESTRICTED FUNDS: | ||||
| General funds | 4,675,075 | 243,037 | 127,080 | 4,791,032 |
| RESTRICTED FUNDS: | ||||
| Lazenby Fund | 991,110 | 45,143 | 12,930 | 1,023,323 |
| Comparatives formovements in funds are as follows: | ||||
| At 1 July | Incoming | Outgoing | At 30June | |
| 2023 | Resources | Resources | 2024 | |
| i | and | £ | £ | |
| investment | ||||
| gains | ||||
| £ | ||||
| UNRESTRICTED FUNDS: | ||||
| General funds | 4,423,685 | 412,139 | 160,749 | 4,675,075 |
| RESTRICTED FUNDS: | ||||
| LazenbyFund | 922,905 | 96,255 | 28,050 | 991,110 |
The Lazenby fund is restricted only for projects within the East Riding, not Hull. The main purpose is to assist the residents of the East Riding of Yorkshire with medically related expenses under terms very similar to the objectives of Help for Health.
10 CONTINGENT LIABILITIES
On 30 June 2025 contingent liabilities totalled £394,300. These consist of grants approved subject to certain stated conditions being met.
During a year it is not unusual for the trustees to receive requests for funding towards all manner of charitable projects. If the success of such projects is dependent upon external factors such as third-party grant applications and regulatory issues, the trustees may agree a grant but only as the final tranche of funding required for the project to proceed. A number of such pledges were outstanding on 30 June 2025 but no other funds had been committed at that date with any certainty.
- 11 TRUSTEES’ REMUNERATION AND BENEFITS
No remuneration was paid to the trustees and no payments were made to third parties on behalf of the trustees.
Trustees’ expenses
£239 (2024: £312) was paid to 3 trustees (2024 - 1 ) in respect of travel and administrative expenses. The trustees operate an approved travel expenses policy.
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Help For Health NOTES FORMING PART OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2025
12 COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted | Restricted | Total | |
|---|---|---|---|
| Funds | Funds | Funds | |
| £ | £ | £ | |
| INCOMING RESOURCES | |||
| Interest and investment income | 83,663 | 19,790 | 103,453 |
| Donations and transfers | 45 | . | 45 |
| TOTAL INCOMINGRESOURCES | 83,708 | 19,790 | 103,498 |
| RESOURCES EXPENDED | |||
| Charitable expenditure | |||
| Grantspayable | 118,432 | 20,000 | 138,432 |
| Management and administration | 42,317 | 8,050 | 50,367 |
| TOTALRESOURCESEXPENDED | 160,749 | 28,050 | 188,799 |
| NETOUTGOINGRESOURCES | (77,041) | (8,260) | (85,301) |
| Investment gains and losses | 328.431 | 76,465 | 404,896 |
| Net movement in funds | 251,390 | 68,205 | 319,595 |
| Total fundsbrought forward | 4,423,685 | 922,905 | 5,346,590 |
| Totalfundscarriedforward | 4,675,075 | 991.110 | 5,666,185 |
13. RELATED PARTY DISCLOSURE
During the year grants totalling £5,100 (2024: £24,193) were awarded to the HEY Smile Foundation, a charity with a common trustee.
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