2023-03-31-accounts - The Sussex Heart Charity

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—New West Durrmgton Residents Association %'orthmg
-Nightmgale Residents Association Chichester
-Life Church, Steyne Road, Seaford,
-Pease Pottage Village Sports and Social Club
-Handcross Sports Pavlhon High Street Handcross —Kmetics Fight Academy, Eaststead
—Studio JRI„Woodland Drive, Hove
-Beech Hurst Bowls Club, Haywards Heath
-Ridgeview %'ine Estate, Ditcb5ng
-Horsted Keynes Parish Council Village Hall
—Lind5eld Cricket Club, Lind6eld West Sussex
-Old Walland, Wadhurst West Sussex

				2022
				Total
				funds
FIXEDASSETS				326
Tarp;ible assets Investments				759,228
				759,554
CURRENT ASSETS Debtors Cash atbank	16	161,007 142,076	161,007 142,076	41'7,406 207,356
		303,083	303,083	624,762
			(32,108)	(23,017)
NET CUQRKÃf ASSETS
		1,210,954		l,361,299
		1,210,954	1,2M,954	1,361,299
			1gl0,954	1,360,299 1,000
			1,210,954	IP61499

Cash flows from operating activities Cash generated from operations	1		(22,507)
Net cash provided by/(used m) operating	activities		(22,507)
Cash flows from investhtg activities Purchase offixed asset investments		(358,155)	(181,937)
Saleoftangible fixed assets Saleof6xed asset investments Interest received		150 113,587 17,922	42,075 10,935
Net casli used in investmg activities
Change in cash and cash equivalents the reporting period	in	(65+80)	(151,434)
Cash and cash equivalents at the beginning ofthe reporting period		207,356	358,790
Cash and cash equivalents atthe end the reporting period	of	142,076	207@56

Net (expenditurejlincome forthe reporting period (as per the
Statement ofFinancial Activities)
Adjustments for: Depreciation charges k,ossesi(gain) on investments Ioss on disposai offIKed assets Interest received	63,817 176 (17,922)	109 (9,700) (10,935)
Decrease/(increase) in debtors increase in creditors	256,399 9,091	(199,124) 5,282
Net cash provided byi(used inj operations		(22,507)

					2023
	Grants, Bursaries aud Community		projects		38,575
	Motor and Travel				901
	Insurance				2/33I
	Depreciation Loss on sale ofassets				176
						55,302
9.	SUPPORT COSTS
					Governance
				Management	costs	Totals
				92,606	3,441	96,047
	Support costs, included in	the above, are as foHovt s;			2023	2022
					Cardiac	Total
					Care	acttvtttes
	Salaries Ofhce Costs (incl Telephone) Independent Examination Legal and Bookkeeping				80,021 12,585 1,800 1„641	88,303 10,433 1,680 l,726
	Net incotne/(expenditure)	is stated after charging/(crediting):
					2023	2022
	Independent Examination Depreciation -overed assets Deftcit on disposal offixed assets				1„800 176	1,680 109

Staffcosts consist ofthe following:
		2023	2022
Secouded staff from NHS		62,320	61,851
Wages and Salaries		45,000	39,000
Social Security Costs		5,217	4,161
Pension Costs		1,163	983
Average Nmnber ofEmployees
The charity considers its key management	personnel tobe the directorsftmstccs	vko receive no	remuneration,

COMPARATIVKS FORTHE STATEMENT OFFI	NANCIAL ACTurfIKS	(2022)
	Unrestricted	Restricted	Total
	funds	funds	funds
INCOME AN@KN00%NKNTS FROM
Donations, and legacies
Charitable activities
Cardiac Cate	4,000		4,000
Other tradmg acbvities
lnvcstnmnt income
KXPENPIIRK ON
Raising funds
Charitable activNcs
Car@ac Care
			183,990
RECONCILIATION OF FU1VBS
Total funds brought foehn'd		1,000	1,169,438
TOTAL~$CAjOUEQ FOR%AR9	1,360,299	1,000	1,361@99

HK YEAR ENDED 31 2023 TANGIBLK FIXED~TS
	Motor	Computer
	vehicles	egutprnent
	10,300	4,318
	(10,300)
At31March 2023			4,318
		4,318	14,292
			(9,974)
At31March 2023			4,318
NKT BOOKVALUE
At 31March 2023
At31March 2022
			Listed
			mvestlnents
			759,228
			358,155
			(134,221)
			(43,183)

At31March 2023
XKTBOOK VALUE At 31~2023
At 31March 2022
There were no investment	assets outside the UK.
Cost orvaluation at31March 2023is represented		by:

16.	MSTORSt	AMOUNTS F	ALLI	N	G BURWIT	HIN ONK V	RAR
									2023	2022
	Amounts held by brokers								6,625	241,024
	Legacies receivable								153,000	175,000
	Prepayments	Bnd accrued lBcome							1,382	1,382
									161,007	417,406
17,	CREDITORS: AMOUNTS		FALLING DUEWITHIN ONK				VKAR
									2023	2022
									32,108	23,017
								Net
							movement			At
							in	funds		31.3.23
	Unrestricted	funds
	General fund					976,393	(149,345)		100,000
	Designated	Fund - Major Fquipment
	Grants					50,000
	Designated	Fund» Education
	Grants/Bnrs	aries				47,455				47,455
	Designated	Fund * Small Equipment			Grants	35,523				35,523
	Designated	Fund - Automated	External
	Befibrillator Designated	(AEB)Grants Fund - Research	Projects			20,928 30,000				20,928 30,000
	Designated	Fund -Covid-19	Response
	Fund					100,000
	Designated	Fund - Projects Fund				100,000				100,000
							(149345)			1,210,954
	Restricted	funds
	Donation forANP Team						(1,000)
						1,361,299	(150,345)
	'Net movement in funds, included			in	the above are as follows:
							Resources		Gains and	Movement
							expended		losses	m funds
	Unrestricted funds
	General fund					95,140
	Restricted	funds
	Donation forANP Teen							(1,000)		(1,000}
	TOTAL~~$					95,140	.(181,668)		(63,817)	(150,345)

							Net
							movement
							in funds
Unrestricted	funds
Genera/ fund									976,393
Designated Grants	Fund	—Major Equipment							50,000
Designated Grants/Burs	Fund aries	- Education				30,000			47,455
Designated	Fund	- Small Eqmyment			Grants	40,000			3$,523
Deslgnateii Fund - Professional DevelopmentB~						20,000		(20,000)
Designated De6brillator Designated	Fund - Automated Externa1 (AED) Grants Fund -Research Projects					40,000 30,000			20,928 30,000
Designated Fund	Fund	-Covid-19	Response			100,000			100,000
Designated	Fund	- Projects Fund				100,000			l00,000
									1,360,299
Restricted	funds
Donation forANP Team						1,000			1,000
							191,861		1,361,299
Comparative net		movement	in	funds,	included in	the alive are as follows:
								Gains and	Movement
								1osses	in fimds
Unrestricted funds
General fund							(153@,76)	9,700	217,955
Designated Fund Grants/Bursaries Designated Fund		-Education - Small Equipment			Grants				(2,545} (4,477}
Designated Fund - Automated De6brillator (AED) Grants				External					(19,072)
							(l79,370)	9,700	191,86l
Restricted	funds
Donations	forAED						.(4,620}
						366,151	(183,990)	9,700