REGISTERED COMPANY NUMBER: 05389416 (England and Wales) REGISTERED CHARITY NUMBER: 1109021
Report of the Trustees and Unaudited Financial Statements for the Year Ended 31 March 2025
for
Walsall Rehabilitation And Healthy Living Trust
TC Group Sterling House 97 Lichfield Street Tamworth Staffordshire B79 7QF
Walsall Rehabilitation And Healthy Living Trust
Contents of the Financial Statements for the Year Ended 31 March 2025
| Page | |||
|---|---|---|---|
| Report of the Trustees | 1 | to | 5 |
| Independent Examiner's Report | 6 | ||
| Statement of Financial Activities | 7 | ||
| Balance Sheet | 8 | ||
| Cash Flow Statement | 9 | ||
| Notes to the Cash Flow Statement | 10 | ||
| Notes to the Financial Statements | 11 | to | 16 |
| Detailed Statement of Financial Activities | 17 | to | 18 |
Walsall Rehabilitation And Healthy Living Trust
Report of the Trustees for the Year Ended 31 March 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 31 March 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 (FRS 102) (effective 1 January 2019).
Trustees' Responsibilities
The responsibilities of the Trustees are detailed on pages 4 and 5.
Trustees will attend Charity Law updates to ensure that the Charity is compliant and have included a routine item on the agenda for Risk Management. A Risk Management policy and action plan has been drawn up.
The Charity Trustees therefore give on-going consideration to the major risks to which the charity is exposed and satisfy themselves that strategies, systems and procedures have been established in order to manage those risks.
OBJECTIVES AND ACTIVITIES Objectives and aims
The objects of the Charity are to relieve sickness and protect the health of persons suffering or at risk from diseases, complaints or hereditary conditions of the cardiovascular system, circulatory system and respiratory system or other long term conditions.
Significant activities
Development, Activities and Achievements
The Trust continues to be funded by the NHS Black Country ICB for new cardiac and pulmonary patient referrals.
All the initial interviews are undertaken by phone, following which patients are offered our Unit based programme (the most popular again) or if they are unable to attend they can be offered a home exercise and/or web based programme, coordinated by the Exercise Physiologist, or a nurse support programme, for those who are unable to exercise but want advice and support over 8 weeks where goals are set and agreed. Those on the home/web, or nurse support programmes are also offered the chance to move to the Unit based programme after a month if they change their mind or their circumstances change. Our tailor-made rehabilitation programmes therefore continue for all appropriate patients referred, with 100% of patients having a personalised care plan supported by professionally trained and experienced personnel. Staff ascertain and agree with the patient the best pathway, including relevant advice and/or Tai Chi.
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Walsall Rehabilitation And Healthy Living Trust
Report of the Trustees for the Year Ended 31 March 2025
ACHIEVEMENTS AND PERFORMANCE Charitable activities Cardiac Rehabilitation
The Trust has achieved the National Certification Programme for Cardiac Rehabilitation status for the seventh year in a row.
This year we have received 995 referrals (steady throughout the year) and a continued increase from last year and moving us towards pre-COVID numbers. We are recording when interviews should take place, a target of within 3 weeks, against when the interviews actually take place. At present we are hitting this target. Patients are then commencing on the exercise programme within a further 2 weeks.
The majority of referrals were received from New Cross Hospital (70%) with Walsall Manor Hospital 20% and GP 6%.
The majority of patients were white British with 23% ethnic minority patients. 70% of patients were male and 30% female, a similar split to previous years.
All patients who start the exercise programme are given a baseline assessment, 100%.
Statistics:
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61% of those referred received clinical input
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77% who received clinical input started an exercise programme
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73% of those who received clinical input completed a programme (Nurse Support Programme, Unit exercise programme, home based/web programme). Where patients cannot get into the Unit patients are reassessed over the telephone using the baseline at interview/first assessment
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94% of patients who commenced an exercise programme completed
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Of those completing: 71% were on the Unit exercise programme, 16% hybrid programmes, 12% home/web programme and 1% nurse support programme.
We continue to provide some short exercise sessions via our own website if patients can't access the Unit, including Tai Chi. 79% of patients have improved fitness and in addition, patients have improved their anxiety and depression (15%), blood pressure (14%), grip strength (50% - this is one of the outcomes that links to frailty and therefore increases can be significant for individuals), eating habits (12%) and reduced BMI (18%). These are recorded and reported to the ICB accordingly on a quarterly basis.
All patients completing are reassessed and are given a long-term maintenance plan and a letter sent to their GP communicating their outcomes.
Goal setting continues within all programmes with 97% of patients achieving all or part of the goals.
Of those patients who defaulted, 47% could not be contacted and 25% did not want any further input or were not interested. 17% of patients were either too poorly or waiting for further intervention. Patients who default at any stage of the rehabilitation programme will be contacted by phone or letter to ascertain the reasons and where possible accommodated at a later stage and a letter is sent to their GP advising them of the current situation.
Continued actions agreed to increase the service to all patients
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Patients who do not want to attend any of the exercise programmes, are encouraged to join the nurse support programme where they look at reducing their risk factors, increasing their physical activities and agree goals over the next few months. These patients will then receive a telephone reassessment based on initial baselines. They are also encouraged to change to the Unit programme if their circumstances change and they feel they are able to do so.
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Any patient who DNA's whilst on the course will receive a telephone reassessment
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All patients who return to work should be offered evening sessions (if suitable) or a home/web programme. At the
-
All patients unable to access the Unit due to transport should have a home programme or at least have agreed goals and a telephone reassessment
We are continually marketing our service to the Local GPs and are reviewing our patient support group to ensure we are offering a wide range of activities that patients need for their on-going progress.
Pulmonary Rehabilitation
381 patients have been referred, this is a significant decrease on last year. Of these, 38% have been referred from GPs, 30% from Practice Nurses and 27% from the automatic referral pathway.
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Walsall Rehabilitation And Healthy Living Trust
Report of the Trustees for the Year Ended 31 March 2025
77% of referred patients had clinical input, similar to last year and of those 35% started an exercise rehabilitation programme and 25% received education only.
45% completed either the exercise programme or education only.
Clinical improvements include: improved fitness, weight loss, anxiety and depression scores, SATs, COPD Assessment Test scores, blood pressure and perception of their condition.
There are still a higher proportion of patients being referred within the older age range, however, we are continuing to receive increased referrals for patients in the age range 40-59 which is encouraging and will continue to promote this to GPs and Practice Nurses.
The staff continue to provide one-to-one education for patients.
67% of patients could not be contacted, were uninterested or were inappropriate 27% of patients were too ill to attend These were much higher than last year.
The new system to identify patients who are keen to attend or those who are not interested much quicker by texting them, has worked very well and we have now adopted this as part of our service, meaning that patients responding with 'yes' are interviewed as soon as possible. However, if they respond 'no' we can complete. For those who do not respond, they will be put into the bring-forward system to be contacted at a later date.
The tai chi sessions are continuing to be well attended by all groups of patients. As previously stated there are still some short sessions on a website for patients to follow.
After care sessions continue for patients who have completed any of the above free courses and wish to continue exercising at Heart Care. These patients continue to be monitored by the Clinical Team to maintain their lifestyle and fitness.
Research and Audits
Heart Care has been involved in a number of research and audits this year and this is continuing into 2025/26.
Students
Heart Care is being used as a work based placement for Year 2 and 3 Physiotherapy students and for Master degree students on one of the Exercise Physiology courses at Birmingham, Loughborough and Wolverhampton Universities
Health and Safety
The health and safety policy is reviewed annually.
FINANCIAL REVIEW
Principal funding sources
The Trustees continue to be committed to raising additional funds. The Community Fund-raiser is continually organising fund-raising activities and applying for Trust and Grant funding.
The cardiac and pulmonary rehabilitation contracts continue with the NHS Black Country ICB and targets reviewed on a quarterly basis. The contract has now been reviewed with further negotiations required to ensure the contract is financially stable particularly in meeting the annual pay increases and inflation costs.
We are continuing to promote our service to GPs for all patients who may have long term conditions and would benefit from our service and are working with other professionals within the NHS such as cancer to promote our services to their patients as well.
Investment policy and objectives
Any investments or land belonging to the Trust, other than monies required for ordinary expenditure of the Trust, shall be vested with such concense as may be necessary in the official Custodian for Charities. The Trust Deed authorises the Trustees to make and hold investments using the general funds of the Charity.
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Walsall Rehabilitation And Healthy Living Trust
Report of the Trustees for the Year Ended 31 March 2025
FUTURE PLANS
Heart Care continues to work closely with the Commissioners as well as the local public to promote all services.
The website continues to gain followers and by including more information through Facebook we feel that we are reaching more patients and the general public informing them of them work that we are doing and giving them support in regard to education and exercise. In addition the website helps with our fund-raising activities and also in regard to bid writing where potential Trusts can easily view our services.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006.
Charity constitution
The Trust is incorporated as a Limited Company by Guarantee from March 2005.
Organisational structure
The activities of the Trust are governed by the Trustees, all of whom are Directors, and are administered by a committee consisting of the Trustees and a senior member of staff.
REFERENCE AND ADMINISTRATIVE DETAILS
Registered Company number
05389416 (England and Wales)
Registered Charity number
1109021
Registered office
12 Portland Street Walsall West Midlands WS2 8AB
Trustees
P Griffin Director NHS (retired) M Walsh Director NHS (retired) (resigned 12.12.24) P B Burns Trustee
Dr C Kerbotson Flenley General Medical Practitioner N Madhar Medical C J Blunt (appointed 12.12.24)
Company Secretary
Ms S M Ursell
Independent Examiner
TC Group Sterling House 97 Lichfield Street Tamworth Staffordshire B79 7QF
TRUSTEES' RESPONSIBILITY STATEMENT
The trustees (who are also the directors of Walsall Rehabilitation And Healthy Living Trust for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice).
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Walsall Rehabilitation And Healthy Living Trust
Report of the Trustees for the Year Ended 31 March 2025
TRUSTEES' RESPONSIBILITY STATEMENT - continued
Company law requires the trustees to prepare financial statements for each financial year. Under that law, the trustees have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law).
Under company law the trustees must not approve the financial statements unless they are satisfied that they 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 those financial statements, the trustees are required to
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select suitable accounting policies and then apply them consistently;
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observe the methods and principles in the Charities SORP;
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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.
This report has been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.
Approved by order of the board of trustees on 11 December 2025 and signed on its behalf by:
P B Burns - Trustee
Page 5
Independent Examiner's Report to the Trustees of Walsall Rehabilitation And Healthy Living Trust
Independent examiner's report to the trustees of Walsall Rehabilitation And Healthy Living Trust ('the Company')
I report to the charity trustees on my examination of the accounts of the Company for the year ended 31 March 2025.
Responsibilities and basis of report
As the charity's trustees of the Company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the Company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under Section 145 of the Charities Act 2011 ('the 2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under Section 145(5) (b) of the 2011 Act.
Independent examiner's statement
Since your charity's gross income exceeded £250,000 your examiner must be a member of a listed body. I can confirm that I am qualified to undertake the examination because I am a member of the Association of Chartered Certified Accountants, which is one of the listed bodies.
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
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accounting records were not kept in respect of the Company as required by Section 386 of the 2006 Act; or 2. the accounts do not accord with those records; or
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the accounts do not comply with the accounting requirements of Section 396 of the 2006 Act 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; or
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the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended Practice for accounting and reporting by charities (applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)).
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.
Darren Barlow FCCA
TC Group Sterling House 97 Lichfield Street Tamworth Staffordshire B79 7QF
11 December 2025
Page 6
Walsall Rehabilitation And Healthy Living Trust
Statement of Financial Activities for the Year Ended 31 March 2025
| 2025 Unrestricted fund Notes £ INCOME AND ENDOWMENTS FROM Donations and legacies 2 99,621 Charitable activities 5 Rehabilitation Programmes 354,869 Aftercare Programmes 86,749 Other trading activities 3 592 Investment income 4 8,768 Total 550,599 EXPENDITURE ON Raising funds 6 28,692 Charitable activities 7 Rehabilitation Programmes 368,379 Management and governance costs 235,959 Total 633,030 NET INCOME/(EXPENDITURE) (82,431) RECONCILIATION OF FUNDS Total funds brought forward 783,827 TOTAL FUNDS CARRIED FORWARD 701,396 |
2024 Total funds £ 132,761 357,489 71,443 1,142 7,020 569,855 24,849 335,874 225,083 585,806 (15,951) 799,778 783,827 |
|---|---|
The notes form part of these financial statements
Page 7
Walsall Rehabilitation And Healthy Living Trust
Balance Sheet 31 March 2025
| Notes FIXED ASSETS Tangible assets 13 CURRENT ASSETS Prepayments and accrued income Cash at bank and in hand CREDITORS Amounts falling due within one year 14 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES NET ASSETS FUNDS 15 Unrestricted funds TOTAL FUNDS |
2025 Unrestricted fund £ 520,498 119,896 77,985 197,881 (16,983) 180,898 701,396 701,396 701,396 701,396 |
2024 Total funds £ 475,883 2,525 323,785 326,310 (18,366) 307,944 783,827 783,827 783,827 783,827 |
|---|---|---|
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
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(a) ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and
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(b) preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company.
These 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 11 December 2025 and were signed on its behalf by:
P B Burns - Trustee
The notes form part of these financial statements
Page 8
Walsall Rehabilitation And Healthy Living Trust
Cash Flow Statement for the Year Ended 31 March 2025
| Notes Cash flows from operating activities Cash generated from operations 1 Net cash (used in)/provided by operating activities Cash flows from investing activities Purchase of tangible fixed assets Interest received Net cash used in investing activities Change in cash and cash equivalents in the reporting period Cash and cash equivalents at the beginning of the reporting period Cash and cash equivalents at the end of the reporting period |
2025 £ (173,049) (173,049) (75,019) 2,268 (72,751) (245,800) 323,785 77,985 |
2024 £ 10,915 10,915 (180,112) 5,503 (174,609) (163,694) 487,479 323,785 |
|---|---|---|
The notes form part of these financial statements
Page 9
Walsall Rehabilitation And Healthy Living Trust
Notes to the Cash Flow Statement for the Year Ended 31 March 2025
| 1. | RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES | RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES | RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES | RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING ACTIVITIES | |
|---|---|---|---|---|---|
| 2025 | 2024 | ||||
| £ | £ | ||||
| Net expenditure for the reporting period (as per the Statement of | |||||
| Financial Activities) | (82,431) | (15,951) | |||
| Adjustments for: | |||||
| Depreciation charges | 30,404 | 29,014 | |||
| Interest received | (2,268) | (5,503) | |||
| (Increase)/decrease in debtors | (117,371) | 4,774 | |||
| Decrease in creditors | (1,383) | (1,419) | |||
| Net cash (used in)/provided by operations | (173,049) | 10,915 | |||
| 2. | ANALYSIS OF CHANGES IN NET FUNDS | ||||
| At 1.4.24 | Cash flow | At | 31.3.25 | ||
| £ | £ | £ | |||
| Net cash | |||||
| Cash at bank and in hand | 323,785 | (245,800) | 77,985 | ||
| 323,785 | (245,800) | 77,985 | |||
| Total | 323,785 | (245,800) | 77,985 |
The notes form part of these financial statements
Page 10
Walsall Rehabilitation And Healthy Living Trust Notes to the Financial Statements for the Year Ended 31 March 2025
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charitable company, 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 Companies Act 2006. The financial statements have been prepared under the historical cost convention.
The charitable company's financial statements are prepared on a going concern basis on the grounds that current and future sources of funding or support will be more than adequate for the charitable company's needs. We have considered a period of twelve months from the date of approval of the financial statements.
Additionally not all events or conditions can be predicted with the event of COVID-19 pandemic, which has brought with it additional unprecedented levels of uncertainty and the inability to assess fully, therefore, the impact of that on not only the charity and its ability to meet its primary objectives but also on the support afforded by donors and overall fundraising capabilities.
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.
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
| Freehold property | 2% or 10% on cost |
|---|---|
| Plant and machinery | 25% on reducing balance |
| Fixtures and fittings | 15% on reducing balance |
Taxation
The charity is exempt from corporation 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.
Hire purchase and leasing commitments
Rentals paid under operating leases are charged to the Statement of Financial Activities on a straight line basis over the period of the lease.
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Walsall Rehabilitation And Healthy Living Trust
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
| 2. DONATIONS AND LEGACIES Donations Legacies 3. OTHER TRADING ACTIVITIES Fundraising events 4. INVESTMENT INCOME Rents received Deposit account interest 5. INCOME FROM CHARITABLE ACTIVITIES Activity Walsall Clinical Commissioning Rehabilitation Programmes Aftercare Aftercare Programmes 6. RAISING FUNDS Raising donations and legacies Staff costs 7. CHARITABLE ACTIVITIES COSTS Rehabilitation Programmes Management and governance costs |
Direct Costs £ 368,379 25,719 394,098 |
2025 £ 99,621 - 99,621 2025 £ 592 2025 £ 6,500 2,268 8,768 2025 £ 354,869 86,749 441,618 2025 £ 28,692 Support costs (see note 8) £ - 210,240 210,240 |
2024 £ 73,978 58,783 |
2024 £ 73,978 58,783 |
|---|---|---|---|---|
| 132,761 | ||||
| 2024 £ 1,142 2024 £ 1,517 5,503 7,020 2024 £ 357,489 71,443 |
||||
| 428,932 | ||||
| 2024 £ 24,849 Totals £ 368,379 235,959 |
2024 £ 24,849 |
|||
| 604,338 |
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Walsall Rehabilitation And Healthy Living Trust
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
8. SUPPORT COSTS
| SUPPORT COSTS | |||
|---|---|---|---|
| Management | Finance | Totals | |
| £ | £ | £ | |
| Management and governance costs | 204,695 | 5,545 | 210,240 |
9. NET INCOME/(EXPENDITURE)
| Net income/(expenditure) is stated after charging/(crediting): | ||
|---|---|---|
| 2025 | 2024 | |
| £ | £ | |
| Depreciation - owned assets | 30,404 | 29,013 |
| Hire of plant and machinery | 3,448 | 2,288 |
10. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 March 2025 nor for the year ended 31 March 2024.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024.
11. STAFF COSTS
| Wages and salaries The average monthly number of employees during the year was as follows: Medical staff Admin staff Fundraising staff No employees received emoluments in excess of £60,000. |
2025 £ 454,315 454,315 2025 12 3 1 16 |
2024 £ 413,218 |
||
|---|---|---|---|---|
| 413,218 | ||||
| 2024 12 3 1 16 |
12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES
| Unrestricted | |
|---|---|
| fund | |
| £ | |
| INCOME AND ENDOWMENTS FROM | |
| Donations and legacies | 132,761 |
| Charitable activities | |
| Rehabilitation Programmes | 357,489 |
| Aftercare Programmes | 71,443 |
| Other trading activities | 1,142 |
| Investment income | 7,020 |
| Total | 569,855 |
EXPENDITURE ON
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Walsall Rehabilitation And Healthy Living Trust
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
12. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued
| Raising funds Charitable activities Rehabilitation Programmes Management and governance costs Total NET INCOME/(EXPENDITURE) RECONCILIATION OF FUNDS Total funds brought forward TOTAL FUNDS CARRIED FORWARD TANGIBLE FIXED ASSETS COST At 1 April 2024 Additions At 31 March 2025 DEPRECIATION At 1 April 2024 Charge for year At 31 March 2025 NET BOOK VALUE At 31 March 2025 At 31 March 2024 |
Freehold property £ 704,666 68,007 772,673 251,828 24,344 276,172 496,501 452,838 |
Plant and machinery £ 141,401 - 141,401 125,901 3,876 129,777 11,624 15,500 |
Unrestricted fund £ 24,849 335,874 225,083 585,806 (15,951) 799,778 783,827 Fixtures and fittings Totals £ £ 19,137 865,204 7,012 75,019 26,149 940,223 11,592 389,321 2,184 30,404 13,776 419,725 12,373 520,498 7,545 475,883 |
|---|---|---|---|
13. TANGIBLE FIXED ASSETS
==> picture [448 x 33] intentionally omitted <==
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Walsall Rehabilitation And Healthy Living Trust
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
14. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
| 2025 | 2024 | |||
|---|---|---|---|---|
| £ | £ | |||
| Social security and other taxes | 9,523 | 8,876 | ||
| Accrued expenses | 7,460 | 9,490 | ||
| 16,983 | 18,366 | |||
| 15. | MOVEMENT IN FUNDS | |||
| Net | ||||
| movement | At | |||
| At 1.4.24 | in funds | 31.3.25 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 783,827 | (82,431) | 701,396 | |
| TOTAL FUNDS | 783,827 | (82,431) | 701,396 | |
| Net movement in funds, included in the above are as follows: | ||||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 550,599 | (633,030) | (82,431) | |
| TOTAL FUNDS | 550,599 | (633,030) | (82,431) | |
| Comparatives for movement in funds | ||||
| Net | ||||
| movement | At | |||
| At 1.4.23 | in funds | 31.3.24 | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 799,778 | (15,951) | 783,827 | |
| TOTAL FUNDS | 799,778 | (15,951) | 783,827 | |
| Comparative net movement in funds, included in the above are as follows: | ||||
| Incoming | Resources | Movement | ||
| resources | expended | in funds | ||
| £ | £ | £ | ||
| Unrestricted funds | ||||
| General fund | 569,855 | (585,806) | (15,951) | |
| TOTAL FUNDS | 569,855 | (585,806) | (15,951) |
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Walsall Rehabilitation And Healthy Living Trust
Notes to the Financial Statements - continued for the Year Ended 31 March 2025
15. MOVEMENT IN FUNDS - continued
A current year 12 months and prior year 12 months combined position is as follows:
| Net | |||
|---|---|---|---|
| movement | At | ||
| At 1.4.23 | in funds | 31.3.25 | |
| £ | £ | £ | |
| Unrestricted funds | |||
| General fund | 799,778 | (98,382) | 701,396 |
| TOTAL FUNDS | 799,778 | (98,382) | 701,396 |
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 | 1,120,454 | (1,218,836) | (98,382) |
| TOTAL FUNDS | 1,120,454 | (1,218,836) | (98,382) |
16. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2025.
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Walsall Rehabilitation And Healthy Living Trust
Detailed Statement of Financial Activities for the Year Ended 31 March 2025
| INCOME AND ENDOWMENTS Donations and legacies Donations Legacies Other trading activities Fundraising events Investment income Rents received Deposit account interest Charitable activities Walsall Clinical Commissioning Aftercare Total incoming resources EXPENDITURE Raising donations and legacies Wages Charitable activities Wages Insurance Sundries Medical supplies Training costs Depreciation of tangible fixed assets Support costs Management Wages Hire of plant and machinery Rates and water Light and heat Telephone Postage and stationery Travelling Expenses Repairs Cleaning materials Sundry office expenses IT expenses |
2025 £ 99,621 - 99,621 592 6,500 2,268 8,768 354,869 86,749 441,618 550,599 28,692 364,131 304 1,966 4,248 (6,955) 30,404 394,098 61,492 3,448 18,102 29,952 8,491 6,459 1,426 32,228 21,846 12,000 9,251 204,695 |
2024 £ 73,978 58,783 132,761 1,142 1,517 5,503 7,020 357,489 71,443 428,932 569,855 24,849 328,524 594 941 7,350 (2,737) 29,014 363,686 59,845 2,288 15,585 4,111 4,371 3,672 1,418 59,343 17,752 8,356 9,611 186,352 |
|---|---|---|
This page does not form part of the statutory financial statements
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Walsall Rehabilitation And Healthy Living Trust
Detailed Statement of Financial Activities for the Year Ended 31 March 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Management | ||
| Finance | ||
| Bank charges | 75 | 75 |
| Accountancy fees | 3,750 | 3,680 |
| Wage service fees | 1,720 | 1,611 |
| Professional and legal | - | 5,553 |
| 5,545 | 10,919 | |
| Total resources expended | 633,030 | 585,806 |
| Net expenditure | (82,431) | (15,951) |
This page does not form part of the statutory financial statements
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