| FOR THE YEAR EN | DED 31MARCH 2021 | |||||
|---|---|---|---|---|---|---|
| 2021 | 2020 | |||||
| Unrestricted | Restricted | Total | Total | |||
| funds | fund | funds | funds | |||
| Notes | f, | |||||
| INCOME AND ENDOWMENTS FROM | ||||||
| Donations and legacies |
2 | 726,816 | 1,000 | 727,816 | 143,482 | |
| Other trading activities | 3 | 1,683 | 1,683 | 19,251 | ||
| Investment income |
4 | 7,761 | 7,761 | 13,031 | ||
| Total | 736,260 | 1,000 | 737,260 | 175,764 | ||
| EXPENDITURE ON | ||||||
| Raising funds | 5 | 38,307 | 38,307 | 32,296 | ||
| Charitable activities |
||||||
| Cardiac Care | 107,280 | 107,280 | 337,897 | |||
| Total | 145,587 | 145,587 | 370,193 | |||
| Net gains/(losses) on investments |
78,856 | 78,856 | (26,558) | |||
| NET INCOME/(EXPENDITURE) | 669,529 | 1,000 | 670,529 | (220,987) | ||
| RECONCILIATION | OF FUNDS | |||||
| Total funds brought | forward | 498,909 | 498,909 | 719,896 | ||
| TOTAL FUNDS CARRIED FORWARD | 1,168,438 | 1,000 | 1,169,438 | 498,909 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | Total | ||
| funds | fund | funds | funds | ||
| Notes | f. | ||||
| FIXEDASSETS | |||||
| Tangible assets | 13 | 435 | 435 | 580 | |
| Investments | 14 | 609,667 | 609,667 | 439,829 | |
| 610,102 | 610,102 | 440,409 | |||
| CURRENT ASSETS | |||||
| Debtors | 15 | 218,282 | 218,282 | 40,472 | |
| Cash at bank and in hand | 357,790 | 1,000 | 358,790 | 82,134 | |
| 576,072 | 1,000 | 577,072 | 122,606 | ||
| CREDITORS | |||||
| Amounts falling due within one year |
16 | (17,736) | (17,736) | (64,106) | |
| NET CURRENT ASSETS | 558,336 | 1,000 | 559,336 | 58,500 | |
| TOTAL ASSETSLESSCURRENT | |||||
| LIABILITIES | 1,168,438 | 1,000 | 1,169,438 | 498,909 | |
| NET ASSETS | 1,168,438 | 1,000 | 1,169,438 | 498,909 | |
| FUNDS | 17 | ||||
| Unrestricted funds |
1,168,438 | 498,909 | |||
| Restricted funds | 1,000 | ||||
| TOTAL FUNDS | 1,169,438 | 498,909 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Notes | |||||
| Cash flows from operating | activities | ||||
| Cash generated fiom operations |
1 | 359,877 | (340,944) | ||
| Net cash provided by/(used |
in) operating | activities | 359,877 | (340,944) | |
| Cash fiows from investing | activities | ||||
| Purchase offixed asset investments Sale offixed asset investments |
(299,361) 208,379 |
(69,423) 78,274 |
|||
| Interest received | 7,761 | 13,031 | |||
| Net cash (used in)/provided | by investing | activities | (83,221) | 21,882 | |
| Change in cash and cash equivalents | in | ||||
| the reporting period |
276,656 | (319,062) | |||
| Cash and cash equivalents | at the | ||||
| beginning ofthe reportiag |
period | 82,134 | 401,196 | ||
| Cash and cash equivalents | at the end | of | |||
| the reporting period |
358,790 | 82,134 |
| OPERATING ACTIVITI | ES | |||
|---|---|---|---|---|
| 2021 | 2020 | |||
| Net income/(expenditure) | for the reporting | period (as per the | ||
| Statement ofFinancial Activities) | 670,529 | (220,987) | ||
| Adjustments for: |
||||
| Depreciation charges |
145 | 193 | ||
| (Gain)/losses on investments |
(78,856) | 26,558 | ||
| Interest received | (7,761) | (13,031) | ||
| Increase in debtors | (177,810) | (16,800) | ||
| Decrease in creditors | (46,370) | (116,877) | ||
| Net cash provided by/(used |
in) operations | 359,877 | (340,944) |
| ANALYSIS OF CHANGES IN NET FUND | S | ||
|---|---|---|---|
| At 1.4.20 | Cash flow | At 31.3.21 | |
| f | |||
| Net cash | |||
| Cash at bank and in hand | 82,134 | 276,656 | 358,790 |
| 82,134 | 276,656 | 358,790 | |
| Total | 82,134 | 276,656 | 358,790 |
| Investments | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Investments | held as fixed | assets | are | shown at market value in accordance with the provisions ofthe Statement | of | ||||
| Recommended | Practice | 'Accounting | by Charities'. | ||||||
| Any gain or | loss on revaluation | is taken to the Statement ofFinancial Activities. | |||||||
| 2. | DONATIONS | AND LEGACIES | |||||||
| 2021 | 2020 | ||||||||
| Donations | 61,762 | 116,770 | |||||||
| Legacies | 649,974 | 26,712 | |||||||
| Grants | 16,080 | ||||||||
| 727,816 | 143,482 | ||||||||
| Grants received, | included | in the | above, are as follows: | ||||||
| 2021 | 2020 | ||||||||
| HMRC - Job Retention | Scheme | 16,080 | |||||||
| 3. | OTHER TRADING ACTIVITIES | ||||||||
| 2021 | 2020 | ||||||||
| Fundraising | events | 1,683 | 19,251 |
| 2021 | 2020 | |||||||
|---|---|---|---|---|---|---|---|---|
| Dividends | and Interest | 7,761 | 13,031 | |||||
| 5. | RAISING | FUNDS | ||||||
| Raising donations | and legacies | |||||||
| 2021 | 2020 | |||||||
| Staffcosts | 29,991 | 19,385 | ||||||
| Other Fundraising | Events | 3,783 | 8,080 | |||||
| Motor and | Travel | 16 | ||||||
| 33,774 | 27,481 | |||||||
| Investment | management | costs | ||||||
| 2021 | 2020 | |||||||
| Portfolio management | 4,533 | 4,815 | ||||||
| Aggregate | amounts | 38,307 | 32,296 | |||||
| 6. | CHARITABLE ACTIVITIES | COSTS | ||||||
| Direct | Support | |||||||
| Costs (see | costs (see | |||||||
| note 7) f |
note 8) | Totals | ||||||
| Cardiac Care | 9,934 | 97,346 | 107,280 | |||||
| 7. | DIRECT | COSTS | OF CHARITABLE ACTIVITIES | |||||
| 2021 | 2020 | |||||||
| Staffcosts | 2,884 | |||||||
| Grants, Bursaries and Community | Projects | 5,935 | 215,482 | |||||
| Motor and | Travel | 1,824 | 2,525 | |||||
| Insurance | 2,030 | 2,030 | ||||||
| Depreciation | 145 | 193 | ||||||
| 9,934 | 223,114 |
| SUPPORT | COSTS | |||||
|---|---|---|---|---|---|---|
| Governance | ||||||
| Management | costs f |
Totals | ||||
| Cardiac Care | 93,148 | 4,198 | 97,346 | |||
| Support costs, included | in | the above, are as follows: | ||||
| 2021 | 2020 | |||||
| Cardiac | Total | |||||
| Care | activities | |||||
| Salaries | 85,798 | 97,363 | ||||
| Office Costs | (incl Telephone) | 7,350 | 8,843 | |||
| Independent | Examination | 1,520 | 2,100 | |||
| Legal and Bookkeeping | 2,678 | 6,477 | ||||
| 97,346 | 114,783 | |||||
| NET INCOME/(EXPENDITURE) | ||||||
| Net income/(expenditure) | is stated after charging/(crediting): | |||||
| 2021 | 2020 | |||||
| Independent | Examination | 1,520 | 2,100 | |||
| Depreciation | - owned assets | 145 | 193 |
| STAFFCOSTS | |
|---|---|
| Staffcosts consist ofthe following: | |
| 2021 | |
| Seconded staff Irom NHS | 74,986 |
| Wages and Salaries | 39,000 |
| Social Security Costs | 4,170 |
| Pension Costs | 819 |
| Average Number ofEmployees |
| 12. | COMPARATIVES F | ORTHE STATEMENT OF FI | NANCIAL ACTIVITIES | (2020) | |
|---|---|---|---|---|---|
| Unrestricted | Restricted | Total | |||
| funds | fund | funds | |||
| f, | |||||
| INCOME AND ENDOWMENTS FROM | |||||
| Donations and legacies |
143,482 | 143,482 | |||
| Other trading activities | 19,251 | 19,251 | |||
| Investment income |
13,031 | 13,031 | |||
| Total | 175,764 | 175,764 | |||
| EXPENDITURE ON | |||||
| Raising funds | 32,296 | 32,296 | |||
| Charitable activities |
|||||
| Cardiac Care | 337,897 | 337,897 | |||
| Total | 370,193 | 370,193 | |||
| Net gains/(losses) on investments |
(26,558) | (26,558) | |||
| NET INCOME/(EXPENDITURE) | (220,987) | (220,987) | |||
| RECONCILIATION | OF FUNDS | ||||
| Total funds brought | forward | 719,896 | 719,896 | ||
| TOTAL FUNDS CARRIED FORWARD | 498,909 | 498,909 | |||
| 13. | TANGIBLE FIXED | ASSETS | |||
| Motor | Computer | ||||
| vehicles | equipment | Totals | |||
| COST | |||||
| At 1 April 2020 and 31March 2021 | 10,300 | 4,318 | 14,618 | ||
| DEPRECIATION | |||||
| At 1 April 2020 |
9,720 | 4,318 | 14,038 | ||
| Charge for year | 145 | 145 | |||
| At 31March 2021 | 9,865 | 4,318 | 14,183 | ||
| NET BOOK VALUE | |||||
| At 31 March 2021 | 435 | 435 | |||
| At 31March 2020 | 580 | 580 |
| Listed | |||||
|---|---|---|---|---|---|
| investments | |||||
| MARKET VALUE | |||||
| At 1 April 2020 | 439,829 | ||||
| Additions | 299,361 | ||||
| Disposals | (190,884) | ||||
| Revaluations | 61,361 | ||||
| At 31March 2021 | 609,667 | ||||
| NET BOOK VALUE | |||||
| At 31March 2021 | 609,667 | ||||
| At 31 March 2020 | 439,829 | ||||
| There were no investment | assets outside the UK. | ||||
| Cost or valuation at 31March 2021 is represented |
by: | ||||
| Listed | |||||
| investments | |||||
| Valuation in 2021 |
609,667 | ||||
| 15. | DEBTORS:AMOUNTS | FALLING DUE WITHIN ONE YEAR | |||
| 2021 | 2020 | ||||
| Amounts held by brokers |
151,300 | 39,090 | |||
| Legacies receivable | 65,600 | ||||
| Prepayments and accrued |
income | 1,382 | 1,382 | ||
| 218,282 | 40,472 | ||||
| 16. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||
| 2021 | 2020 | ||||
| Accrued expenses | 17,736 | 64,106 |
| MOVEME | NT IN FUNDS | |||||
|---|---|---|---|---|---|---|
| Net | ||||||
| movement | At | |||||
| At 1.4.20 | in funds | 31.3.21 | ||||
| Unrestricted | funds | |||||
| General fund | 88,909 | 669,529 | 758,438 | |||
| Designated | Fund - Major Equipment | |||||
| Grants | 50,000 | 50,000 | ||||
| Designated | Fund - Education | |||||
| Grants/Bursaries | 30,000 | 30,000 | ||||
| Designated | Fund - Small Equipment | Grants | 40,000 | 40,000 | ||
| Designated | Fund - Professional | |||||
| Development | Bursary | 20,000 | 20,000 | |||
| Designated | Fund - Automated | External | ||||
| Defibrillator | (AED) Grants | 40,000 | 40,000 | |||
| Designated | Fund - Research Projects | 30,000 | 30,000 | |||
| Designated | Fund - Covid-19 Response | |||||
| Fund | 100,000 | 100,000 | ||||
| Designated | Fund - Projects Fund | 100,000 | 100,000 | |||
| 498,909 | 669,529 | 1,168,438 | ||||
| Restricted funds | ||||||
| Donation for ANP Team | 1,000 | 1,000 | ||||
| TOTAL FUNDS | 498,909 | 670,529 | 1,169,438 |
| Incoming | Resources | Gains and | Movement | ||
|---|---|---|---|---|---|
| resources | expended | losses | in funds | ||
| Unrestricted | funds | ||||
| General fund | 736,260 | (145,587) | 78,856 | 669,529 | |
| Restricted funds |
|||||
| Donation for | ANP Team | 1,000 | 1,000 | ||
| TOTALFUNDS | 737,260 | (145,587) | 78,856 | 670,529 |
| Net | Transfers | |||||||
|---|---|---|---|---|---|---|---|---|
| movement | between | At | ||||||
| At 1.4.19 | in funds | funds | 31.3.20 | |||||
| Unrestricted | funds | |||||||
| General fund |
295,548 | (220,987) | 14,348 | 88,909 | ||||
| Designated | Fund - New Enhanced | |||||||
| Recovery Atter Surgery (ERAS) | ||||||||
| Programme | 29,222 | (29,222) | ||||||
| Designated | Fund - Southern | Rail Project | 26,760 | (26,760) | ||||
| Designated | Fund - Major Equipment | |||||||
| Grants | 100,000 | (50,000) | 50,000 | |||||
| Designated | Fund - Heartguard/Community | |||||||
| Resuscitation Training |
5,859 | (5,859) | ||||||
| Designated | Fund - Education | |||||||
| Grants/Bursaries | 18,382 | 11,618 | 30,000 | |||||
| Designated | Fund - Small Equipment | Grants | 37,387 | 2,613 | 40,000 | |||
| Designated | Fund - Phase 4 Cardiac | |||||||
| Rehabilitation | 20,000 | (20,000) | ||||||
| Designated | Fund - Advanced | Nurse | ||||||
| Practitioner | 150,914 | (150,914) | ||||||
| Designated | Fund - Professional | |||||||
| Development | Bursary | 13,116 | 6,884 | 20,000 | ||||
| Designated | Fund - Automated | External | ||||||
| Defibrillator | (AED) Grants | 22,708 | 17,292 | 40,000 | ||||
| Designated | Fund - Research | Projects | 30,000 | 30,000 | ||||
| Designated | Fund - Covid-19 | Response | ||||||
| Fund | 100,000 | 100,000 | ||||||
| Designated | Fund - Projects Fund | 100,000 | 100,000 | |||||
| 719,896 | (220,987) | 498,909 | ||||||
| TOTAL FUNDS | 719,896 | (220,987) | 498,909 | |||||
| Comparative | net movement | in | funds, | included | in the above are as follows: | |||
| Incoming | Resources | Gains and | Movement | |||||
| resources | expended | losses | in funds | |||||
| Unrestricted funds |
||||||||
| General fund |
175,764 | (370,193) | (26,558) | (220,987) | ||||
| TOTAL FUNDS | 175,764 | (370,193) | (26,558) | (220,987) |