REGISTERED COMPANY NUMBER: 06339790 (England and Wales)
REGISTERED CHARITY NUMBER: 1120998
CHARITY
COMMISSION
EPORT OF THE TRUSTEES AND
UNAUDIT
INANCIAL sfATEMENTS FOR THE YEAR EN
RCH 2025
FOR
THE
HE
T CHARITY
FI CRT Limited
Flat 24 Wellingtonia Court
Laine Close
Brighton
East Sussex
BNI 6TD

THE SUSSE
EART CHARITY
CONTENTSOF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
Page
Report of the Trustees
Independent Examiner's Report
Statement ol Finanefial Activities
BalaDce Sheet
10
Cash Flow Ststement
Notes to the Cash Flow Slattment
12
Notes to the Financial Statements
13 to 20

THE SUSSEX
ART CHARITY
REGISTERED NUMBER: 06339790
REPORT OF THE TRUSTEES
THE YEAR ENDED 31 MAR
The trustees who are also directors of ihe charity for the purposes of the Companies Act 2006, present their report with
the financial statements of the charity for the year ended J l March 2025. The trustees have adopted the provisions of
Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their
acwunts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)
(effective l January 2019).
OWECTIVES AND ACTIVITIES
Objectives and alms
The company's objects are:
la. To be the successor charity to the charity known as The Brighton Heart Support Trust created by Declaraiion of
Trust on 20 July 1987 and registered as a Charity, number 297337, and in particular but without limitation to receive
legacies and donations of all kinds thereto; and
l.To promote the care. trealmenL resuscitation and rehabilitation of persons suffering from cardiac disease (or from any
other medical problems).
2. To promote, supporL subsidise or sponsor the provision of projects, facilities or personnel by or through the ¢ardia¢
services of th¢ University Hospitals Sussex NHS Foundation Tn￿t or any other Hospital Trust within the area of benefit.
3. To promote or assist in the promotion of public education, research, and publication of the results of any such
res¢ar¢h in relation thereto.
4. To promote and support community projects for the care. treatment, resuscilation and rehabilitation of such persons
within the areas of Brighton and Hove. East Sussex and Wesi Sussex.
The Charlty's Misslon
Building on the achievements of its predecessor, the Charity's mission now is "Improving the lives of people with heart
conditions in Sussex" We work with palients and their families, health professionals and the wider community across
Sussex to..
- Increase awareness of heart conditions
Save lives through promoting prevention and early detection of heart disease
Promote advances in treatment and rehabilitation
Fund access to trainin& professional development and equipm¢nl in hospital and in the community
- Support innovative research and new ways of working
The Charity and its predecessor charity have made major contributions over more than 30 years to the development of
the Sussex Cardiac Centre. We aim to work with NHS Cardiac teams across the larger NHS Trust that was fornied in
2021, to expand our links and activity with the East Sussex Healthcare NHS Trust and to support prevention and
rehabilitation services in local ¢ommunitie5.
Page I

THE SUSSEX HEART
HA
TY
REGISTERED NUMBER: 06339790
REPORT OF THE TRUSTEES
HE YEAR ENDED 31 MARCH 2025
OBJECTIVES AND A￿1vITIEs
Review of Activities During the Year
2024125 marked a year of renewed focus and delivery, as the charity expanded its core programmes and strengthened
engagement with cardiac teams across Sussex. Substantial funding was committed to NHS Cardia¢ services, supporting
the adoption of new technology and improving patient pathways.
The charity's contribution was formally recognised at a ceremony in April 2024, when the Lord Lieutenant of E&st
Sussex presented the Kintys Award for Voluntary Service - the highest honour a voluntary group can receive in the UK.
The award recognises the longstanding dedication of our volunteers.
In financial ternis. the charity entered the year with strong reserves and rnaintained a stable cash position, despite
reporting a small deficit.
Significant work was undertaken to improve visibility and engagement with cardiac teams across Sussex. Trustees and
stsff worked with University Hospitals Sussex and East Sussex Healthcare NHS Trusts lo better llndersL￿d local
challenges and identify areas where SHC funding could make a meaningful impact.
EDUCATION AND PROFESSIONAL DEVELOPMENT BURSARIES
Uptake of the charity's bursary scheme continues to be influenced by changing access to professional development
funding within the NHS. Applications have gradually declined as limited internal NHS reSoU￿eS have become available
in some areas, with Sussex Heart Charity bursaries now more often used to support opportunities not covered elsewhere
or where NHS allocations have been exhausted. Although this has resulted in lower expenditure during the year, it
reflects a positive shift in the wider availability of support for cardiac education. The charity will use this period of
reduced demand to identify new areas of need - including under-served hospitals, services or disciplines - to ¢nsur¢ the
bursary programme continues to reach those who would otherwise miss out on professional development opportunities.
In total, £8,870.97 (2023r24: £9,664) was reimbursed to NHS cardiac staff io support attendance at conferences and
professional development courses. Each recipient is required to provide feedback on the impact of the conference or
course.
- EuroACHD 2024 & 2025
- BCSIBANCC Cardiac Nurse Specialist Symposium {2024 & 2025)
British Cardiovascular Society {BCS) / British oncolo￿ Society (BCOS) I UCLH Cardio-On¢ology Course
- ESC Conference 2024
- British Society for Heart Failure Annual Meeting
- Brilish Heart Rh￿hrn Sessions
- A￿hYthM]a Alliance - Heart Rhythm Updafr 2025
- Cardiorenal Forum
- Emerging Leaders Programme - British Cardiovascular Society
- Understsnding Cardiology
- BACPR Annual Conference
- British & Irish Society for Minimally Invasive Cardiac Surgery
- LONDON AORTA 2024
- National Cardiac Benchmarking Collaborative (NCBC) 2024
- Genetic Counselling Course
BSEIBSE¢ho 2024 Conference
- Society for Clini￿1 Perfusion Scientists (SCPS) AGM and Scienlific Meeting
- Perfusion Annual Conference and AGM
- BCIS Cardiac Physiologists Catheter Lab Course
- SCTS (Society for Cardiothoracic Surgery) Annual Meeting 2025
Although demand still remains below pre-pandemic levels, signs are encouraging and Trustees have agreed to retain the
bursary programme for the coming year.
AUTOMATED EXTERNAL DEFIBRILLATOR (AED) GRANTS
AED grant requests continued to come from a wide range of community groups, sports clubs, housing associations and
parish councils.
Page 2

THE SU&SEX HEART CHARITY
RE
I￿ERED NUMBER: 06339790
REPORT OF THE TRUSTEES
OR THE YEAR END
31 MARCH 2025
OWECTIVES AND A￿1VITIEs
AII AEDS funded by the charity are placed in publi¢. unlocked Cabinets to ensure 24n access in emergencies. Each grant
includes free AED familiarisation and basic life support training for up to t¢n people, helping to build confidence and
preparedness in the community.
During the year, the charity approved grant requests to support the placement of up to Seven new AEDS across Sussex.
Subject to notifications received from grantees confirniing installation. at least flve devices were known to have been
installed by year-end, with fvnding also provided for two additional units awaiting completion.
Expenditure totalled £14.778 (2023r24: £8,670), covering equipmenL cabinet and tt3ining support to ensure each device
is rescue-ready. Our improved ordering system and stock management continue to reduce unit Costs and delivery tirnes.
The charity remains committed to ensuring communities can access this life-saving equipment quickly and efficiently.
Confirnied or pending installation siles ]￿lUded.
- The Outlook Foundation, Brighton
- The Undercliff Café. Rottingdean (Brighton)
- Miller Bourne Awhitects, Hove
- Hythe Road Residents AEDICPR Group and The Flour Pot Bakery, Fiveways (Brighton)
- Worthing Sailing Club, Worthing
- Sports Pavilio￿ HandCrn￿ (Mid Sussex)- funding receive(L installation pending
- Middleton Esiate. Westmeston (L£wes District)- fimding received, install￿10n pending
NHS GRANTS AND EQUIPMENr
Since the year end the charity has made its most significant NHS equipment fimding commitment in recent years,
awarding over £140,(M)O to University Hospitals Sussex to purchase and maintain an Endos¢opi¢ Vein Harvesting
(EVH) camerd stack for use in cardiac surgery. When implernen￿ this will mark our first major investment in hospital
equipment of this ￿a]e since before the COV1D-19 pandemic.
This advanced equipment allows vein harvesting with ftwer compli¢a¢ions and faster recovery times. ryresenting a
signif1￿nt improvement to the patient experience. The funding followed a detailed business case, confim￿tIOn that NHS
fimds were unavailable and a commitment frnm the Trust to maintain the quipment over the long temi.
Smaller grants were awarded in 202415 under the Cardiac Rehabilitstion Enhancement Fund. which enables staff to
quickly request equipment and resou￿ up to £500. New resistance band& rebounders, blood pressure monitors and
patient literature were delivered. dramatically improving turnaround times compared to standard NHS procurement.
PATIENT INFORMATION AND COMMUNITY PROJE
Small grants totalling £1.108 supported patient education and community engagemenL The ¢harity continued to supply
pyinted resources co-developed with NHS teams, covering common heart conditions. rehabilitation guidance and
emergen¢y preparedness. These materials remain available on our website and on display in clinical settings.
RESCUE READY PROGRAMME
In August 2024, Sussex Heart Charity launched Rescue Ready. a free ￿MunIty-fOCused initiative delivered in
partnership with Pulse South Coast. The programme provides CPR and AED familiari5ation sessions designed to build
nfidence and lifesaving skills within local communities. By offering practical training in chest compressions, AED pad
placement and shock delivery, R¢5cue Ready aims to rnake every participating gTOUP "rescue readf in the event of a
cardiac emergency.
Since its introduction, dernand for sessions has stron& with enquiries received from all parts of Sussex - an
encouraging SI￿ that the programme is reaching diverse commw)ities and helping to raise awareness of Sussex Heart
Charity's work across the region. The charity will continue to promote Rescue Ready as part of its ongoing commithient
to improving survival rates from sudden Cardiac arrest through eduL*iorL prepattdness and community engagement.
Publle benefil
Ln shaping our objectives and planning activities. the Trustees have considered the Charity Commission's guidance on
public benefiL including the guidance 'Public benefitr running a charity (PB2)". All activities during the year have
supported our primary objective of inyroving cardiac care and outcomes for the public in Sussex.

THE SU&SEX HEARTCHARITY
REGISTERED NUMBER: 06339790
REPORT OF THE TRUSTEES
FOR THE YEAR
31 MARCH 2025
OBJEcfivES AND ACTIVITIFS
Volunteers
The charity's volunteer programme, now recognised by the King's Award, remains an essential part of Its operations. We
continue to benefit from a small but dedicated team who support fundraising and outreach activities. While we always
seek new volunteers, engagement levels have remained steady and the King's Award has helped raise our profjle and
credibility.
FINANCIAL REVIEW
Financial position and Reserves
The charity recorded a small net deficit of £l1.148 in the 2024125 financial year (2024 £18,669). Cash at bank increased
slightly to £511,964 (2024 £491,825), while inveslment holdings rose to £718,259 (2024 £676,347).
Trustees are satisfied that this plamied use of fimds is in line with the charitys mission and reflects the purpose for which
much of the legacy income from prior years was received.
We have set an internal budget of £230,000 across six funding areas: Major Equipment Grants, AED Grant4 Educatlon
Bursaries, Srnall Equipment Grants, Research Projects and the Projects Fund. This internal allocation differs from the
designated reserves reported in the accounts, which reflect actual commitments recognised during the following year,
including a £112,384 project payinent.
Fundraising
Income from donations and legacies (£59,152) fell from the exceptionally high figure in 2024 (£125,283). Legacy
income is alway5 variable and staff changes had a temporary impact on our fundraising activity. We expect donations 10
return to a more nonnal level in 2025126.
Investment policy and objeetlves
Following the transition to Quilter Cheviot at ihe end of January 2024, all investments are now managed within a
discretionary portfolio. The Board continues to review investment perfonnance regularly. Income generated from
investments during the year totalled £32,080 (2024: £24.181).
Reserves polley
The T￿￿teeS aim to maintain unrestricted free reserves of at least £250,000, over and above designated ￿nd& to
safeguard core operations and allow rapid response to emerging needs. Ai year-end, free reserves st(x)d ai £951,137
(2024: £931,608) - still above this threshold but with plans to bring them down.
The balance remains sufficient to support the charity's work while enabling a gradual reduction of surplus funds through
Strategic gTantmaking.
FUTURE PLANS
Over the next 12 months, the charity will:
- Complete the procurement and delivery of the EVH equipment at UHSussex
- Maintain and our Cardiac Rehab Enhancement Fund in parmership with NHS Trusts
- Review and Promote bursary opportunities with cardiac leads and educators
- Strengthen donor communications and begin forn)al planning for legacy development
The charity will also continue working with both University Hospithls Sussex and East Sussex Healthcare NHS Trusts to
identify high-impact projects that improve cardiac out¢omes and patient experience.
STRucfuR[ GOVERNANCE AND MANAGEMENT
Governing document
The Sussex Heart Charity is incorporated under the Companies Act 1985 as a company limited by guarantee.
and is registered as a charity wilh the Charity Commission.
Its governing document is the Memorandum and Articles of Association dated 10 August 2007.
Page 4

THE SUSSEX HEART
ITY
REGISTERED NUMBER: 06339790
REPORT OF THE TRUSTEES
FOR T
YE
R ENDED 31 MARCH
STRUCTURE, GOVERNANCE AND MANAGEMENT
Recruitment and appointment ofnew Iru$tees and stvdff
The number of Directors shall be not less than three but (unless otherwise detennined by ordinary resolution) shall not
be subject to any maximum.
The charity may. by ordinary resolution
- Appoint a person who is willing to act to be a Director; and
- Deterniine the period for which any additional Director is to hold olTice
The charity is governed by the ternis of its Memorandum and Articles of Association.
Trust¢¢s are a mixture of medical professionals connected with the Cardiac units of Ihe UH Sussex Hospitsls NHS Tn￿t
and lay Trustees. All are appointed directly by the charity following open recruitment. Four trustees resigned after long
service on the Board, one of whom has sadly died. Two new Trustees were appointed after open competition in June
2025. All new Trustees are offered an induction programme. All Board members are offered updates and training on
their responsibilities as Charity Trnstees.
REFERENCE AND ADMIIYISTRATIVE DETAILS
Reglstered Company number
06339790 (England and Wales)
Reglstered Charlty number
1120998
Reglslered offlce
Southpoint
8 Paston Place
Brighton
East Sussex
BN2 IHA
Trustees
Mrs A V Brinkhurst (resigned I1.2.25)
D R P Fraser (resigned 4.12.24)
A P Gomes
Dr E L Hogan
J K Palmer (resigned 4.12.24)
P D M Freeman (Chair)
DRScott
Dr M J Tomlinson
Dr l E Mann (resigned 24.7.25)
J R Williams (appointed 4.6.25)
Ms P R Dani¢ls (appointed 10.6.25)
Company Secretary
M P Denison
Independent Ex8mlner
Christopher Robert Tyler FCA DChA FCIE
FI CRT Lirnited
Flat 24 Wellingtonia Court
Laine Close
Brighton
East Sussex
BNI 6TD
Page 5

THE SUSSEX
ART CHARITY
REGISTERED NUMBER: 06339790
REPORT OF THE TRUSTEES
OR THE YEAR ENDED 31 MAR
REFERENCE AND ADMINISTRATIVE DETAILS
Solieitors
D M H Stallard
Gainsborough House
Pegler Way
Crawley
West Sussex
RHII 7FZ
Investment Brokers
Quilter Cheviot
Senator House
85 Queen Victoria Street
London
EC4V 4AB
Bankers
Principal Bankers:
National Westminster Bank PIC
Unit 40
56 Churchill Square
Brighton
East Sussex
BN12ES
Other Bankers:
Metro Bank PIC
TSB Bank PIC
Barclays Bank UK PI
Cambridge & Counties Bank
The Charity Bank Limited
United Trust Bank Limited
Virgin Money Bank
STATEMENT OF TRUSTEES, RESPONSIBILITIES
The trustees (who are also the diT¢ttors of The Sussex Heart Charity 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 (Unlted 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 ¢haritable company for that period. In preparing those financial statements, the
trustees are required to
$ele¢t suitable accounting poli¢ies and then apply them consistently"
observe the methods and principles in the Charity SORP;
make judgements and estimates that are reasonable and prudent:
prepare the fjnancial stalements 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 aceuracy 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 charilable company and hence for
tsking reasonable steps for the prevention and detection of frdud and other irregularities.
Page 6

THE SUSSEX HEART CHARITY
REGISTERED NUMBER: 06339790
REPORT OF THE TRUSTEES
FOII THE YEAR ENDED 31 MARCH 2025
Approved by order of tlie board of trustees on .&*.￿￿-...￿.￿trA....... and signed on ils behalf by:
P D M Freeman - Trustee

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF
THE SUSSEX HEART CHARITY
RECISTERED NUMBER: 06339790
Independent examiner's report to the trustecs of The Sussex Heart Ch#rity ('the Company,)
I report to Ihe charity trustees on my examination of the accouiits of the Coiiipi1ny for tlie }'e(ii' ended ) l March ?0?5.
Responsibilities #nd basis of report
As the charity's trustees of Ihe Coinpany (and also its directors for the purposes of coinpan), law) you are responsible for
the preparation of the accounts in accordance wilh the requireinenls of tlie Conipanies Act ?006 ('tlie ?006 Act,).
Having satisfied myself that the accounts of the Company are not required to be audited uiider Part 16 of- Ilie 2006 Act
and are eljoible for independent examination, I report in respect of Iny exaininalion of >'our charity's accouiils as carried
out under Section 145 of the Charities Aci ?0 I i ('Ihe ?0 I l Acl,). In carryin¥J out my examination I have followed tlie
Directions given by Ihe Charity Commission under Section 145(5} (b) of the ?0 I l Act.
Independent examiner's Statement
I have conipleled my examinaiion. I confirn] that no matters have conie 10 my atienlion in conneclion with the
examination giving me cause 10 believe:
accountino records were noi kept in respect of the Company as required by Section 386 of the ?006 Act: or
the accounts do not accord with those records: or
the accounts do not comply wilh the accountints requirements of Section J96 of the 2006 Act other than any
requirement that the accounts give a true and fair view whicli is not a matter considered as part of an independent
examination; or
the a¢counts have not been prepared in accordance M'ith ihe methods and principles of the Sialemenl of
Recommended Practice for accounting and reportin(J by cliarities (applicable lo cliarilie5 preparingF their accounts
in accordance with the Financial Reporting Siandard applicable in the UK and Republic of Ireland (FRS I O?)).
I have no concerns and have come across no other Inatters in connection with the examination to which attention should
be drawn in this report in order to enable a proper understanding ol. Ihe accounis 10 be reached.
Christopher Robert Tyler FCA DChA FCIE
FI CRT Limited
Flat ?4 Wellingtonia Court
Laine C105e
Brighton
East Sussex
BNI 6TD
Dale..
Pagie 8

THE SUSSEX HEARTCHARITY
srATEMEwf OF FINANCIAL ACTIVITIES
FOR TH
EAR ENDED 31 MARCH 202
2025
Total
funds
2024
Total
funds
Unrestricted
funds
Restricted
funds
Notes
INCOME AND ENDOWMENTS FROM
Donations and legacies
59,192
59,192
125,283
Charitable activities
Cardiac Care
5,000
5,000
5.000
Other trdding activities
Investment income
22.118
32.080
22,118
32,080
12.196
24,181
Total
118,390
118,390
166,660
EXPENDITURE ON
Raising funds
39,063
39.063
50.095
Charitable activities
Cardiac Care
103,164
103,164
148,599
Total
142227
142,227
198,694
Net gains on investrAents
12,689
12.689
13,365
NET INCOMEI(EXPENDITURE)
(11.148)
(11.148)
(18,669)
RECONCILIATION OF FUNDS
Total funds brought fonvard
,192,285
,192,285
1,210.954
TOTAL FUNDS CARRIED FORWARD
1,181,137
1,181,137
,192,285
The no*s forn] part of ihese financial statements
Page 9

THE SUSSEX HEART CHARITY
REGISTERED NUMBER: 06339790
BALANCE SHEET
31 MARCH 2025
2025
Toial
funds
2024
Total
funds
Unrestricted
ruiids
Restricted
funds
Notes
FIXED ASSETS
Investments
15
718.259
718,259
676.347
CURRENT ASSETS
Debiors
Cash al bank
16
7.698
511,963
7,698
511.963
81,116
491.825
519,661
519.661
572,941
CREDITORS
Amounts lallino due within one year
17
(56.78))
(56.783)
(57,003)
NET CURRENT ASSETS
46? 878
46? 878
515,938
TOTAL ASSETS LESS CURRENT
LIABILITIES
1 181.137
1,181 137
1,192,285
NET ASSETS
.181.li7
1,192 ?85
FUNDS
Uiireslricled ￿ndS
18
1.181,137
1.19?.285
TOTAL FUNDS
1,181,137
1,192,285
The charitable company is entilled 10 exemption from audit under Section 477 of tlie Companies Act 2006 for the year
ended 31 March ?0?5.
Tlie nieinbers have not required tlie company to obtain an audit of 115 financial 51alements t.or the year ended
31 March 20?5 iii accordance iyith Section 476 of the Companies Act 2006.
The trustees acknowledge their responsibilities for
(a)
ensuring ihal tlie charilable company keeps accounting records that comply ivith Sections )86 and 387 of the
Companies Act ?006 and
preparing financial siatements 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 )94 and 395 and whicli othenvise coinply with the requirements of the Companies Act
2006 relating to financial statements. so far as applicable lo the charitable coinpany.
(b)
These fiiiancial statements have been prepared in accordance with the provisions applicable to charitable companies
subject to the small companies reoime.
The financial siatements were approved by ihe Board of Truslees and authorised for issue
and were signed on its beliaif by:
on
P D M l¥reeman - Trustee
The notes forni part of these financial statements
PaLye l O

THE SUSSEX HEA
T CHARITY
ASH FLOW STATEMENT
R TH
YEAR ENDED 31 MARCH 202
2025
2024
Notes
Cash flows from operatlng activities
Cash generated from operations
17,281
48,571
Net cash provided by operating activilies
17,281
48.571
Cash flows from Investing acllvltles
Purchase of fixed asset investments
Sale of fixed asset investments
Interest received
(134,971)
105,748
32,080
(433,069)
710,066
24,181
Net cash provid¢d by investing activities
2.857
301,178
Change In cash and cash equlvalents In
the reportlng perlod
Cash and cash equ5valents at the
beglnnlng of the reportln8 perlod
20,138
349,749
491,825
142,076
Cash and ea$h equlvalents at the end of
Ihe reportlng perlod
511.963
491,825
The notes form part of these financial statements
Page 11

THE SUSSEX HEART CHARITY
NOTES TO THE CASH FLOW STATEMENT
FOR THE YEAR ENDED 31 MARCH 202S
RECONCILIATION OF NET EXPENDITURE TO NET CASH FLOW FROM OPERATING
ACTIVITILS
2025
2024
Net expenditure for the reporting period (as per the Statement of
Financial Activitles)
Adjustments for:
Gain on investments
Interest received
Decrease in debtors
(Decreaseyincrease in creditors
(11,148)
(18,669)
(12,689)
(32.080)
73.418
(220)
{13,365)
(24,181)
79.891
24.895
Net cash provided by operations
17,281
48,571
ANALYSIS OF CHANGES IN NET FUNDS
At 1.4.24
Cash flow
At31.3.25
Net cash
Cash at bank
491,825
20,138
511,963
491,825
20,138
511,963
Total
491,825
20.138
511,963
The notes forni part of these finan¢ial statements
Page 12

THE SU
HEART CHARITY
NOTES TO THE FINANCIAL STATEMENT
FOR THE YEAR ENDED 31 MAR
ACCOUNTING POLICIES
Basis of preparing the financlal statements
The financial statements of the charitable company, which is a public benefit entity under FRS102, have been
prepared in accordance with the Charities SORP {FRSI 02) 'Accounting and Reporting by Charities: Statement of
Recommended Prdctice applicable to charities preparing their accounts with the Financial Reporting Standard
applicable An the UK and Republic of Ireland (FRS102) (effective l January 2019),, Financial Reporting
Standard FRS102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the
Companie5 Act 2006. The fmancial statements have been prepared under the historical cost convention.
The accounts are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these
financial statements are rounded to the nearest £.
The trusteesldirectors consider ihat there are no material un¢ertainties about the company's ability to continue as
a going concern.
Income
Incoming resources are accounted for as followJ:
Donatlons. legacies and fundraising.
On a receivable basis when capable of financial measurement and as soon as the charity is notified of its legal
entitlement and the amount due is quantified with reasonable certainty.
Investment Income
On a receivable bLsi5.
Expenditure
Liabilities are recognised as expenditure including irrecovernble VAT as soon as there is a legal or constructive
obligation committing ihe 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 catrgory. Where
costs cannot be directly attributed to particular headings they have been allocated to activities on a basis
consistent wtth the use of resources.
The cafrgories of expenditure are as follows:
a).Charitable expenditure comprises of all expenditure directly relating to the obje¢tives of the charity.
b).Costs of generating funds comprise the costs incurred in publicity and fundraising, along with the investment
brokers charges.
c).Support costs include governance Costs and rela* to the management of the charity's funds, organisational
administration and compliance with statutory requirements.
Tanglbk fixed assets and depreeiation
Depreciation is provided to write off the cost of the assets over their useful lives as follows .
Motor Vehicles _ 250/0 pa (reducing balance basis).
Computers - 33.33Yo pa (straight line b&sis)
Tangible fixed assets costing more than £500 are capitalised and included at Cost including any incidental
expenses of acquisition.
The purchase of highly specialised equipment forns part of the Charity's programme and is funded out of
income. The trnstees consider that the cosl of such equipment should be written off in the year of purchase.
Page 13
continued...

THE SUS
EX HEART
TY
NOTES TO THE FINANCIAL STATEMENTS- continued
FOR T
E YEAR ENDED31 MARCH 2025
ACCOUNTING POLICIES - ¢ontlnued
Toxalion
The charity is considered to pass the tests set out in Paragraph I Schedule 6 Finance Act 2010 and therefore it
meets the definition of a choritsble company for UK Corporation Tax purposes. Accordingly the charity is
potentially exempt from taxation in respect of income or capital gains received within categories covered by
Chapter 3 Part I I Corporation Tax A¢t 2010 or Sec(ion 256 of the Taxation of Chargeable Gains Act 1992. to
the extent that such income or gains are applied exclusively to charitable purposes.
Fund accountlng
Unrestricted funds ¢an be used in accordance with the charitable objectives at the discretion of the
trustees.
Restricted funds can only be used for particular restricled purposes within the objects of the charity. Restriclions
arise when specified by the donor or when funds are raised for particular restricted purposes.
Desi8nated funds ¢omprise of unrestricted funds which have been set aside at the discretion of the trustees for
specific purpose.
Further explanation of the nature and purpose of each fund is included in the notes to the financial slatements.
Investments
Investments held as fixed assets are shown at market value in accordance with the provisions of the Statement of
R¢¢ommend¢d Practice 'Accountin8 by Charities,.
Any 8ain or loss on revaluation is taken to the Statement of Financial Activities.
DONATIONS AND LEGACIES
2025
2024
Donalions
Le8acies
48,022
11,170
56.869
68,414
59,192
125,283
OTHER TRADING AcfiviTIES
2025
2024
Fundraising events
22,118
12,196
INVESTMENT INCOME
2025
2024
Dividends and Interest
32,080
24,181
Page 14
continued...

THE SU
HEART CHARITY
OTES TO THE FINANCIAL STATEMENTS- con
FOR THE YEAR ENDED
MAR
H202
INCOME FROM CHARITABLE AcfiviTIES
2025
2024
Activity
HMRC - Employment
Allowance
Cardiac Care
5,000
5,000
RAISIIYG FUNDS
Ralslng donatlons and legaeles
2025
2024
Staff costs
Fundraising Costs
33,101
2.055
39,271
3,218
35,156
42.489
Investment management costs
2025
2024
Portfolio management
3,907
7,606
Aggrega* amounts
39,063
50,095
CHARITABLE ACTIVITIES COSTS
Direet
Costs (see
note 8)
Support
costs (see
note 9)
Totals
Cardiac Care
32,486
70.678
103.164
DIRECT COSTS OF CHARITABLE ACTIVITIES
2025
2024
Grants, Bursaries and Community Projects
Motor and Travel
Insuran¢¢
30.738
1.030
718
67,742
2,085
32,486
70,998
Page 15
continued...

THE SUSSEX HEA
TCHARITY
NOTES TO THE FINANCIAL STATEMENTS- eonlinue
FOR THE YEAR ENDED 31 MARCH 202
SUPPORT COSTS
Governance
costs
Management
Totals
Cardiac Care
66,964
3,714
70,678
Support costs. included in the above, are as follows:
2025
Cardiac
Care
2024
Total
activities
Salaries
Office Costs (incl Telephone)
Independent Examination
Legal and Bookkeeping
52,940
14,024
1,920
1,794
61,393
12.304
1,860
2,044
70,678
77,601
10.
NET INCOMEI(EXPENDITURE)
Net income/(expenditure} is slated after ¢harginW(crediting):
2025
2024
Independent Examination
1,920
1,860
TRUSTEES• REMUNERATION AND BENEFITS
There were no trustees, remuneration or other benefils 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.
12.
srAFF COSTS
Staff costs consist of the following:
2025
2024
Seconded staff from NHS
Wages and Salaries
Social Securlty Costs
Pension Costs
14,384
76,000
7,977
2,605
73,982
7.879
2,566
Average Number of Employees
The charity considers its key management personnel to be the directorsltrustees who receive no remuneration.
No employee received ernoluments in excess of £60,000 (2024 none).
Page 16
continued...

THE SUSSEX HEART CHARITY
NOTES TO THE FINANCIAL STATEMENTS- continue
FOR THE
R ENDED 31 MARCH 2025
13.
COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES (2024)
Unrestricted
Restricted
funds
funds
Total
funds
INCOME AND EPIDOWMENTS FROM
Donations and legacies
121.283
4,000
125,283
Charltsble activities
Cardia¢ Care
5.000
5,000
Other trading activities
Investsnent income
12.196
24,181
12,196
24.181
Tot21
162,660
4.000
166.660
EXPEIYDITURE ON
Raising funds
50,095
50,095
Charitable activities
Cardiac Care
144,599
4,000
148.599
Total
194,694
4,000
198,694
Net gains on investments
13.365
13,365
NET INCOMEI(EXPENDITURE)
(18,669)
(18,669)
RECOIYCILIATION OF FUNDS
Total funds brought for*vard
1,210,954
1210,954
TOTAL FUNDS CARRIED FORWARD
1,192.285
1,192,285
14.
TANCIBLE FIXED ASSETS
Computer
equipment
COST
At l April 2024 and 31 March 2025
4,318
DEPRECIATION
At l April 2024 and 31 March 2025
4J18
NET BOOK VALUE
At 31 March 2025
At 31 March 2024
Page 17
continued...

THE SUSSEX HEART CHARITY
NOTES TO THE FINANCIAL STATEMENTS- continue
FOR TH
AR ENDED
ARCH 2025
15.
FIXED ASSET INVESTMENTS
Listed
investments
MARKET VALUE
At l April 2024
Additions
Disposals
Revaluations
676,347
134,971
(103,359)
10,300
At 31 March 2025
718,259
NET BOOK VALUE
At 31 March 2025
718,259
At 31 March 2024
676,347
There were no investment assets outside the UK.
Cost or valuation al 31 March 2025 is represented by:
Listed
investments
Valuation in 2025
718,259
16.
DEBTORS: AMOUNTS FALLING DUE WITHIN OIYE YEAR
2025
2024
Amounts held by brokers
Legacies receivable
Prepayments and a¢¢Ned income
6,316
24,234
55,500
.382
1.382
7,698
81,116
17.
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025
2024
Accrued expenses
56,783
57,003
Page 18
continued...

THE
SSEX HEART CHARITY
OTES TO THE FINANCIAL STATEMEN
FOR THE YEAR ENDED
-con
18.
MOVEMENT IN FUNDS
Net
movement
in funds
Transfers
between
funds
At
31.3.25
At 1.4.24
Unrestrleted funds
General fimd
Desi￿ated Fund - Major Equipment
Grants
Designated Fund - Education
GrantslBursaries
Designated Fund- Small Equipment Grants
Designated Fund - Automated External
Defibrillator (AED) Grants
Designated Fund - Research Projects
Designated Fund - Projects Fund
931,618
(11,148)
(62,384)
858,086
50.000
62,384
112,384
37,811
32,158
37,811
32,158
12,258
30.000
98,440
12,258
30.000
98,440
.192,285
(11,148)
1,181,137
TOTAL FUNDS
1,192,285
(11,148)
1.181,137
Net movement in fvnds, included in the above are as follows:
Incoming
resourres
Resources
expended
Gains and
losses
Movement
in funds
Unre51rlcted funds
General fund
118,390
(142,227)
12,689
(11.148)
TOTAL FUNDS
118,390
(142,227)
12,689
(11,148)
Comparntlves for movement In funds
Net
movement
in funds
At
31.3.24
At 1.4.23
Unrestrleted fund$
General fund
Designated Fund - Major Equipment
Grants
Designated Fund - Education
Grdnts/Bursaries
Designated Fund - Small Equipment Grants
Designated Fund - Automated External
Defibrillator (AED) Grants
Designated Fund - Resear¢h Projects
Designated Fund - Projects Fund
927,048
4,570
931.618
50,000
50,000
47,455
35,523
(9,644)
(3,365)
37,811
32,158
20,928
30.000
100,000
(8,670)
12,258
30,000
98,440
{1,560)
1.210.954
(18.669)
,192,285
TOTAL FUNDS
,210,954
(18,669)
1,192285
Page 19
Continued...

THE SUSSEX HE
RTCHARITY
NOTES TO THE FINANCIAL sfATEMEN
FOR THE YEAR ENDED 31 MAR
tinued
18.
MOVEME1￿ IN FUNDS- eontinued
Comparative net movement in funds. included An the above are as follows:
Incoming
R¢wur¢es
resou￿ expended
Gains and
losses
Movement
in funds
Unrestrieted funds
General fund
Designated Fund - Education
GrantslBursaries
Designated Fund - Small Equipment Grants
Designated Fund - Automated External
Defibrillator (AED) Grants
Designated Fund- Proje¢ts Fund
162,660
(171,455)
13365
4,570
{9.644)
{3.365)
(9,644)
(3,365)
(8.670)
(1,560)
(8,670)
(1,560)
162,660
(194,694)
13,365
(18,669)
Restricted funds
Re-hab Group
4.0(KJ
(4,000)
TOTAL FUNDS
166,660
(198.694)
13.365
(18,669)
The restricted fimds are as follows:
l.Part of a l¢gary received for the Re-hab group (2024).
19.
RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 March 2025.
20.
ULTIMATE CONTROLLING PARTY
The Ultin￿te controlling parties are the d1rectors1tr￿tee
21.
COMPANY LIMITED BY GUARA￿EE
The Sussex Heart Charity is a charitable ¢ompany, limi*d by guarantee. registered in England and Wales. and
ha5 no share capital. No one member has overall control of the company.
Every member promise& if the charity is dissolved while he or she is a member or within twelve months after he
or she ceases to be a rnernb￿, to contribute such sum (not exceeding £1 O) as may be demanded of him or her
towards the payment of debts and liabilities of the company incurred before he or she ceases to be a member. and
of the cos1& charges and expenses of winding up. and the adjuslment of the right of the contributories among
themselves.
The members of the company may at any time before, and in expe¢tation of. its dissolution resolve that any net
assets of the company after all its debts and liabilities have been paid. or provision has been rnade for them, shall
on or befor¢ the dissolution of the company be applied or Itansferred in any of the following ways:
a).Directty for the objects or,
b).By transfer to any charity or charities ft*r purposes similar to the objects.
c).To any charity for use for particular purposes that Pdll within the objects.
The compangs registered number and registered office address can be found in the 'Legal and Administrative
Infomiation, 5￿tIOn of the accounts.
Page 20