Charlty regi5trdtion number 1122442 ATRIAI FIBRILLATION ASSOCIATION ANNUAL REPORT AND UNAUDITED FINANCiAL STATEMENTS FOR THE YEAR ENDEO 31 DECEMBER 2023
ATRIAL FIBRILLATION ASSOCIATION LEGAL AND ADMINISTRATIVE INFORMATION Trustees Prof. AJ Camm Mrs PJ Mudd OrMRFay Dr J Clayton Cannon Or A Grrffiths Charlty number 1122442 Prlnclpal address TC Group Celixir House Strarford Business & Technology Park Stratford Upon Avon Warwickshire LW37 7GZ Independent examiner TC Group Cellxir House Stratford Business & Technology Park Innovation Way, Banbury Road Strntford-upon-Avon WaN1ch1re United Kingdom CV37 7GZ
ATRIAL FIBRILLATION ASSOCIATION CONTENTS Page Trustees report Independent examiner's report Statement of financial activities Balance sheet io Notes to the financial statements 11-18
ATRIAL FIBRILLATION A55OCIATION TRusfEES REPORT FOR THE YEAR ENDED 31 DECEMBER 2023 The Trustees present their annual report and financial ststements for the year ended 31 December 2023. The financial statements have been prepared in ac¢ord3ncè with the accounting policies set c)ut in note I to the financial ststements and tomply w¢th the Charity's18overnin8 documentl. the Charities Art 2011 and "Accounting and Reporting by Charities.. Statèment of Recommended Practice applicable to charities preparin8 their acco4Ents in accordance with the Financial Reportin8 Standard applicable in the UK and Republic of Ireland IFRS 1021. leffective l January 20191. Objectlves and artlvitle5 Objectives onduim5 The principal aim of the charity is.. To raise awareness of Atrial FibrillatFon IAFI by providing information and support materials for patient5 and medical profe55ionals involved in detectin8, diagnosing and managin6 Atrial Fibrillation. Principol objects The principal objectives of the charity are.. To provide support and information on Atrial Fibrillètion to those affected by this condition. To advance the education of the medical profession and the general public on the subject of Atrial Fibrillation. To promote research into the manaÈement of Atrial Fibri51ation. Public benefit The Trustees have paid due regard tp suidance Issued by the Charity Commission in decicting what Hrtivities the Charity should undertake. The Trustees confirm that they have complied with their duty under Section 4 of the Charities A¢t 2011 to have regard to the Charity COMMI10n.S general guidance on public benefrt. Volunteers AF Asso¢i3tion utilises volunteers to assist in our work.
ATRIAL FIBRILiATION A550CIATION TRUSYEES REPORT ICONTINUEDI FOR THE YEAR EAIDED 31 DECEMBER2023 Achievements and performance AF Association contiftues to provide information, svpp(>rt, and access to established, new or innovative treatments fL¥r Atrial Fibrillation. AF Assoc works globally with healthc3re professionals and all those living with AF. During 2023 we were pleased to be ablè tts meet our patients. caregivers, and healthcare profe55ionals face to face again to provide information, support. education and awareness on Atrial Fibrill8tion, delivering the latest technologie5 and treatments to optim12e outcomes for all those living with or affected by Atrial Fibrillation. l. Supporting patlents and care¥lvtr5 Patlents Education31 Opportunltles In January the Patient Services Team presented online to 166 employees of the Lloyds Banking Group. The presentation 'What is Atrial Fibrillation?,, the importance of KYP., early AF detection. rlsks posed by AF, and an intro to wearable ECG devlce5. The presentation also Included Defibs Save lives and the importante of accessing AED within the Community. From this presentation there were follow up patient storÈès recorded, and Uoyd5 Bank 8royp also started fundraising activities and hosting events within their branches. AF Vlrtual Coffee Mornln£s The Patient Service5 Team encourage5, 8uides, and interact5 to ensure everyone has equal opportunity to contribute and speak during our virtual coffee mornings. There were mèetsngs throtsghout the year including May, lune, July, September, and November. Also. other opportunities for attendance were during charity aWanesS weeks Global AF AwaTene55 Week and World Heart Rhythm Week all of which werè advertised through our webslte. e news, online groups and atross our social media channels. Covering information and discussion5 on atrial fibrill3tion. blood pre55ure and AF & travel advlce. Whilst still promoting our core messaging Prevent Detert. Proteit, Corrert, Pèrfert Many questions were submitted prior to the meetings example5 were: _ Is permarkenvpèrsistent AF life-limitin8P Why 15 anttcoaEulant recommended if you only have 2 or 3 AF episodes each yearP How to manage AF during the nightP Atrlal Fibrillatlon Association virtual Coffee mornings are appreciated by all who attend, and we have received POSltive feedback following each event. AF West Yorkshire Patlent and Careeiver Symposla Thi5 symposium was split into two individual sessions. The moming sèssion being for patients and caregivers and the afternoon bèing for healthcare professionals. The event took placé on Tuesday 18 April 2023 at The Tetley, Leeds. The AF A550ciation's West Yorkghire Patient ènd Caregiver Symposium promoted the message 'Prevent, Detect, Protect, Correct and Perfect,. The symp05ium included talks led by Medical professionaS5 arid htghlighted Know Yovr Pulse to Know Your Heart Rhythm - ftt cotjld save your life", the patient care pathway and accessing appropriate treatment options,. 35 well as è study on Atrial Fibrillètion. The AF Associ8tion's West Yorkshire Symposium (for healthcare professiona151 highlighted symptoms and rhythm control. patient experiences and how the NHS Health Check can detect Atrial Fibrillation.
ATIUAL F18RIILATION ASSOCIATION TRUSTEES REPORT ICONTINUEO} FOR 7HE YEAR ENDED 310ECEMBER 2023 Llvlng wlth .. AF. _ AF A5$0eiation contlnuèd throughout 2023 promoting the vlrtval 'LEvin8 wlth AF serles. patient educational series, that feature5 many medical experts in the field of AF who offer advice and informatlon from diagnosis to managing symptoms and treatment options available. Patients and Caregiver5 are able to a£sS many hours of edtscatlonal videos from the comfort of their own home. AF Asso¢i¥tion Patlents Day- During HRC2023 Held at the Hyatt Regency Birmingham. thls year was thÈ first in petson Atrial Fibrillation Patiènts Day since 2019 due to the covid pandemic, feedbatk post event confirmed the presentations were very well rètèived with over 70% ststing that everything met or exceeded expectation. Patients Day provide5 medical professional and experts wtth a uniqLte opportunty to interact wlth people and learn insights into the debilitating symptoms and treatments for AtTial fibrlllation. Patients can share views and experiences with others in similar situation5. Topi of the pre5entstons covered.._ Just diagnosed what do I do now? What ale anticoagulants, Types Df ablatFons, and knowing which is best for each person, What's new on the horizon ft)T AF, and a live Patient Story Know Your Pulse Campalgn Know Your Pulse IKYPI campaign promotes the need to be aware of our pulse and the rhythm of our heart. If pulse hecks were routine, thousands of livÈs could be saved every year, thruugh the prevention of AF.related strokes. Our website informatÈon contains many new videf)s and educational materials. Know Your Pulse- AF Association- UK heartrh hmalliance.o Patient Services Team presented through an online teams call that was attended by 166 employees of Lloyds Banking Group. The presentation What is Atrial Fibrillatton?. the importantè of KYP and early AF detertion- risks posed by AF arid an introduction to wearable ECG devices. afterward with Lloyds to pursue hosting KYP events Sn their branches. Healthcare Professional Events AF Assoclation at HRC 2023 Atrial Fibrillation Association Symposium for Hèalthcare Professionals at the annual Heart Rhythm Congress organised by 51Ster charity Arrhythmia Alliance, thi5 year covered., Restoring the Rhythm.. Atrial FibrillatTron and Heart Failure and Is the furure of DOAC'S bright. The Adam Fitzpatrick Plenary session also Coverèd Atrial Fibrillation in Heart Failure with a preserved je¢tion fraction= What do we know and what do we r¢eed to knowP
ATRIAL FIBRItLATION ASSOCIATION TRusfEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER2023 Patient Sumys and Patient Studies AF Association Teceives requests from research groups to assist with bettei understanding the need5 and challenges for people livÈng with AF. Patients and caregivers have expressed an interest in contributing to these research proÉr3ms to hopefully improve outcomes for themselve5 and othÈrs in due course. An anticoagulant survey during Feb and March 2023, which addressed brand Vs generic anticoaBulants differences. There are only two maln difference5 between generic and brand-name drug5'.The inarti¥¢ ingredlents, such as flavorin8 or prestrtlYs. may thany. Generics generally c05t le$5 than brand-name versions. Thèn further survey covering simultaneous screening of high blood pressure and atrial fibrillation during June and July 2023 were lust two of the subjects covered. Patlent Support Group$ and Afflllated Groups AF Association continues to establish, 5UPPOrt or welcome local group5 to become affiliated. We share suggested agendas, AF Assoc resources and join the event whenever possible. 2. Raising Awarene55 of AF Global AF Aware Week IGAFAWI- 20- 24 November 2023 AF Association h05ted the GAFAW2023 Reception Jt The Palace of Westmlnster, London, UK. Now is the tlme to take control of your heart rhhM .... Its as Important as knowlng your Blood Pressure Detett AF by a slmple pulse check lor one-lead ECG). Protect against AF-related stroke tssing anticoa8ulation therapy. Correct the irregular heart rhythm with access to appropriate equipment. The AF Association Het71thcore Pioneer$ 2023 report Wa5 published, ond the winners 17nrfrgunced ut the recepttion. The aim of the report is to provide case studies to inspire centers around the world to improvè care and Quality of life for people living with AF. Tc* inspire others to improve care standards foi patients with AF, AF Association called for healthcare teams to showcase their exemplary work in AF seryices. The tase studies were reviewed by an international panel of AF expert judges. with the winners published in the AF Associotion Heolth¢ore Pioneers Report - Showcosing Best Prt7rtic¢ in AF reporL 3. Fundraising Fundraising events be8an to increase dlsring 2023 as they had slowed during the partdemic, with receipts of one- off donations and an increase in online fundrnising and event5.
ATRIAL FIBRILLATION ASSOCIAnON TRusfEES REPORT ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER2023 4. Rèsources The publications and resource5 are revlewed regularly and thls year we have developed the followinE new resources.'_ 6 Myths of AF which was produced in poster, booklet and flyer fomiat. AF Discussion Gutrdè, an AF Checklist, Mindfulnes5 and Healthy Living with A, battllng AF. Resources are available on our websÈtè to download and view oi order to help fit)d a betttr understsnding of AF. www.afa.or .uk Another successful busy year for AF Associaton n increase in enqt¢iries from both patient5. caregivers and healthcare professionals all seeking to better under5tsnd and improve the lives of those living with AF. AF Association continues to meet these demands and is recogrhized globally as the number one so¢Jrce for information and support ft>r all those affected by atwial fibrillation. 5. Ststlstics Covering all our AF A1ciatIOn websites there have been 80223 views throughout 2023. FollDwets 04) social media are CUntIV at 7146 The email marketlnE for patients has an open rate of 46.1%. for HCP'S the rate 15 47.2% All time members on heahh ut)locked is standing at 30.179 Financlal revlew Operating Éyndfinuncitsl review During the year the total of the charity's income resources was £158.44212022..£282,3771- Expendlture for the vear was £214,846 12022..£206,9301. The charity had totsl funds at the Ènd of the year of £376,218 12022=£432,6221. The Trustees have a strate8ic and operatsonal plart in place to ensure stability and Érowth. Reserves policy The Trustees have a p¢)liry of maintaining a level of unrestricted reservÈs which should ensure that there are adequate ftsnds to meet anticipated future liabilities. prattice the Tru5tee5 consider that holding reserves equivalent to a minimum of three months, core costs, excluding funds tied up in fixed assets. should provide sufficient funds to respond to unexpected adverse change5 in the charity's funding or activities. Mojor risks The Trugtees have assessed the major risks to which the Charty is exposed, and are satisfed that systems are In place to mitigate exposure to the major ri5k5. Strnrture. governance and management The charity IS CQn5tituted under a Charity Commission Scheme and is reglstered charrty number 1122442. The charlty's actNitie5 are goverfied by a Declaration of Trust adopted on 300¢tober 2007. The Charity was granted charitable ststus on 28 January 2008.
ATRIAL FIBRILLATION ASSOCIATION TRUSTEES REPORT {CONTINUEDI FOR THE YEAR ENDED 31 DECEMBER 2023 The Trustees who served during the year and up to the date of signature of the financial statements were: Prof. AJ Camm Mr5 PJ Mudd DrMRFav Dr J Clayton Cannon Dr A Griffiths Recruitrnent und oppointment oltrustees The management of the charity is ihe responsibility of the Trustees who are elected and co-opted under the terms of the Trust deed. There must at all times be a minimum of three Trustees in office. The first TIu5tees are entitled to hold off for life. New Trustees are appointed by 3 resolution passed by the Trustees in special meeting. Orgunisotionol structure The AFA Board of Trustees meet twice per year with the AFA'S Chief Executive to oversee the directi>n and financial management of the organisation. The Medical Advlsory Committee members support the Trustee5 Wlth the Chief Executive who ts re5pon5ible for the strategic direction of the organisation and management of the staff, volunteers and consultants who assist in the running rf AFA. Day to day management of the support swvices IS carried out by an Information and Support Oflicer. Induction ond troining OA trustees New trustees undergo an orientation process to brief them on their legal obligation under charlty law, the charity's governing documents, the committee and decision making Processes, the business plan and recent finala1 performance of the charity. During the induction process they meet key employees and oiher trustees. Trustees are encouraged to attend appropriate external and internal training events which will assist them in carrying out their role. other motters Acknowled8ements Atrial Fibrillation Association would Ilke to acknowledge the varioL¢S Trusts, Foundation and Mediol Indtjstry that so generously gave their sUPPOrt during the financial year. Connected chartties Arrhythmia Alliance IAAI. a UK registered chartty, number 1107496 Is connected to AFA as an affi'lhte of the umbrella organisation. Syncope Trust and Reflex Anoxic Seizures ISTARSI, a UK registered charity, umber 1084898 is connected to AFA as an affiliate of the umbrella or8anisation. STARS US, Inc, a registered 501lcl non profit organisation in the USA is connected to AFA 05 an affiliate of the umbrella oiganisation.
ATRIAL FIBRILLATION ASSOCIATION TRUSTEES REPORT (CONTINUED) FOR THE YEAR ENDED 31 DECEM8ER2023 The Trustees report was approved by the Board of Trustèes. Prof. AJ Camm Trustee 2 July 2024
ATRIAL FIBRILLATION ASSOCIATION INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ATRIAt FI8RILL4TION ASSOCIATION I report to the Tru5tee5 on my exorytination of the fiftancial ststements of Atrial Flbrillation Assoclation (the Charity) for the year ended 31 December 2023. Responsibilities and bas of report As the TrLkStees of the Charity you are responsible for the preparation of the financial statements in accordance with the reouirements of the Chartttes Act 2011 (the 2011 Act). I report in respect of my examination of the Charity's financial ststemerkts carried out Under section 145 of the 2011 Act. In carrying out my èxamination I have followed all the applicable Dlrettions given by the Charity Commi55ion under section 14515llbl of the 2011 Art. Independent examiner's statement Your attention is drawn to the fact that the charity has preparèd financial statement5 in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financi31 Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021 in Pfeference to the Accounting and Reporting by Charitie5.' Statement of Recommendèd Practice issued on l April 215 which Ss referred to in the extant regulations but has now been withdrawn. l uftderstsnd that thi5 has been done in order for financlal statements to provide a true and fair view in accordance with Generally Accepted Acctsunting Practice effertive for reporting periods beglnning on or after I january 2015. I have completed my examination. I confirm that no matters have come to my attention in connertion with the examination givin8 me cause to believè that in any material respect: ccounting records were not kept in respect of the Charity as required by se¢titsn 130 of the 2011 Art. or the financial ststements do not accord with those rècords; or the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charitles (Accounts and Reportsl Regulations 2008 other than any requirement thzt the accounts gve a true and fair view which is not a matter considered as part of an independent examination. I have no concerns and have ¢ome 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 financial statements to be reathed. TC Group Celixir House Stratford Business & Technology Park Innovation Way, Banbury Road Stratford-upon.Avo Warwitkshire CV37 7GZ United Kingdom Dated.. 2 July 2024
ATRIAL FIBRILLATION ASSOCIATION srATEMENT OF FINANCIALACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 DECEMBER2023 Unrestricted funds 2023 Unre#rlrted funds 2022 Notes In¢ome from: Donation5 and legacies Charitsble actlvities Investments 68,686 86,376 3,380 133,505 148,669 203 Totsl Income 158,442 282.377 Expendilure on: Charitsble 8ctivitie5 214,846 206,930 Totsl expenditure 214.846 206.930 Net incomtllexpenditurel and mo¥ement in funds 156,4041 75,447 Retonclllatlon of funds: Fund balance5 at l January 2023 432,622 357,175 Fund balantès at 31 December 2023 376,218 432,622 The statement of fiftancial activities includes all gains and losses recogni5ed in the year. All income and expenditure derive from continuirag artivities.
ATRIAL FIBRILLATION ASSOCIATION BALANCE SHEET ASAT31 DECEMBER2023 2023 2022 Notes Current assets Debt0I5 Cash ar bank and in hand 13 117.134 390.812 140.082 398,024 507,946 538,106 Credito. amounts falling due wlthln one year 14 1131,7281 1105,4841 Net current ass*ts 376,218 432,622 Net assets excluding pension liabillty 376,218 432,622 The funds of the Charlty Unrestricted funds 376.218 432,622 376,218 432,622 The financial statements were approved by the Trustees on 2 July 2024 Prof. AJ Camm Trustee 10-
ATRIAL FIBRILLATION ASSOCIATION NOTES TO THE FINANCIAL sfATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023 Accountln8 pollcles Charity informatlon Atrial Fibrillatlon Association is a Unincorporated Charity regt5tered within the Charity Commission. 1.1 Accountlng convention The financial statements have been preparEd in accordance with the Charity's trust deed, the Charf(ies Act 2011, FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Irelaftd~ I-FRS 102,1 and the Charities SORP "Actounting and Reporting by Charitie5.' Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Staftdard ppli¢able In the UK and Republic of IrelarEd IFRS 1021" leffectivè l January 20191. The Chartty is a Public Benefit Entity as defined by FRS 102. The Charity has tsken advantage of the provisions in the 50RP for charitie5 not to prepare a Statement of Cash Flows. The financial statements have departed from the Charltles IAccounts and Reports) Regulations 2008 only to the extent required to provide è true and fair view. Thi5 departure has involved followlng the Ststement of Retommended Practice for charttie5 applyinE FRS 102 rathèi than the version of the Statement of Recommended Practlce which is referred to in the Regulations but which has si¥)ce been withdrawn. The financial 5tstements are prepared in stedin& which is the functional currency of the Charity. Monetary amounts in these financial 5tatement5 are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. the principal accounting policies adopted are set out below. 1.2 Golng concem At the time of approving the financial statemènts, the Trustees have a reasonable expertatlon that the Charity has adequate resourtès to continue in operational existence for the fgreseeable fLtture. Thus the rrustees contlnue to adopt the going ¢oncern basis of accounting in preparing the financial Statements. 1.3 Charitable funds Unrestricted funds are available for use at the discretion of the Trustees In furtherance of their charitable objectives. Restricted funds are subject to specific conditions by donors or grantor5 as to htsw they may be used. The purposes and uses of the restricted fvnds are set out in the nctes to the financial statements. IA Income Incorne is recognised when the Charity is legèlly entitled to it after aFLy performance conditions have been meL the amounts can be measured reliably, and it is probable that income will be received. Cash donations are recognised on receipt. Other donations are recogntsed once the Charity has been notified o the donation, unless perform3n£e condition5 require deferrèl of the amount. Income tsx recoverable in relation to donation5 reiVed under GSft Ald or deeds of covènènt is cognISed at the time of the donation.
ATRIAL FIBRILLATION ASSOCIATION NOTES TO THE FINANCIAL sfATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 DECEMaER 2023 Accountlng ptyliciès Icontlnuedl Legacies Jre retognised on recelpt or otherwise if the Charity has been notified of an impending distribution. the amount is known, and re¢eipt is expected. If the amount 15 not known, the leÈary is treated as a contingent asset. 1.5 Expenditure Expenditure is recognised once there is a legal or constTuttive obligation to transfer etonomic benefit to third party, it 15 probable that a transfer of economic benefit5 will be required in settlement, and the amount of the obligation can be measured reliably. Expenditure 15 classrfied by activity. The costs of each activlty are made up of the totsl of dirert costs and shared costs, including gupport costs involved in undertaking each attivity. Direct costs attributable to single activity are allocated directly to th81 attivlty. Shared cost5 whith contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those artivities on basis con515tent with the use of resources. Central stsff costs are allocated on the basis of time spenL and depreciation charges arè allotated on the portion of the asset's t2se. 1.6 Tan8lble fixed aets Tangible fixed assets are initially measured at cost and subsequèntly measured at cost or valuatlon, net of deprec>ation and any impairment losses. Deprèciatiott is recognised so as to write off the cost or valuation of assets less their residual walues over their useful lives on the folluwing bases.. Computers 33% straight line The gain or 1955 artsing on the disposal of an asset ts determined as the differen between the sale proceeds and the carrying value of the asset. and 15 reco8ni5ed the statement of financial activitie5. 1.7 Cash and cash equlvalents Cash and cash equivalents include cash in hand, deposits held at c311 with banks, other short-term liquid Investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are $hown within borrowings in current liabilities. 1.8 FIn£la1 instrumÈnts The Charity has elected to apply the provlsions of Section 11 'Bosic Financial Instruments, and Sertion 12 'Other Firt8nci81 Instruments Issues, of FRS 102 to all of its financial instfuments. Flnancial instrumertts are rètognisÈd in the Charity's balance sheet when the Charity becomes party to the ¢ontrnctual provisions of the instrument. Financial 85sets and lÈabilrties are offset, with the net amounts presented in the financial statements, when there is a legally enfortèable right to set off the recognised amounts and there is an intention to settle on a net b3si5 or to realise the asset and settle the liabllity simultsneouslv. 12-
ATRIAL FI8RILLATION ASSOCIATION
NOTES TO THE FINANCIAI STATEME NTS ICONTINUEDI
FOR THE YEAR ENDED31 DECEMBER 2023
Ac£ountlng pollcies
Icontlnued)
Ba51cllnanclul ossets
Basic finarkcial assets. which include debtors and cash and bank balance5, are initially meaSud at
transartion pri¢È including transaction costs and are subsequently carried at amortised cost using the
effective interest method unle55 the arrangement constitutes 3 finanung transaction, where the transaction
Is measured at the Present value of the future receipts discounted at a market rate of interest. Financial
a55ets classified as receivable within one year are not amortlsed.
Ba51cllrwnciul liobllltles
Basic financial liabilitie5, includin8 rreditor5 and bank loans are initially recognised at tran5attion price unless
the arrangement constttutes a financing tranSÈrtion. where the debt instrument (s measured at the presènt
value of the future payments discounted at a market rate of interest. Financial liabsltties classified as payable
within one year are not amortised.
Debt Instruments are stjbsequently carried at amortlsed cost, using the effertive interest rate method.
Trade creditors are obligations to pay for goods or Services that have been acquired in the ordlnary course of
operations from suppliers. AmoLtnt5 payèble are dassified a5 current liabilities if payment 15 due within one
year or less. If not, they are presented as non.current liabilities. Trade creditors are recognised initially at
trdn5action price Ènd subsequently measured at amortlsed cost using the effertivè interest method.
Derecognition ofAlnonrlalliublllties
Flnancial liabilitie5 are derecogni5ed when the Charitd in which the estimate 15 revised where the revision affects only that
period, or in the period of the ViSIon and future peraods where the revision affects both curnt and future
periods.
13
AThIAL FIBRILLATION ASSOCIATION NOTES TO THE FINANCIAL sfATEMENTS ICONTINUEOI FOR THE YEAR ENDED 31 DECEMBER 2023 Income from don3tions and legacles Unrestricted funds 2023 Unrestrirted funds 2022 Donations and gifts Grant5 Othèr fundraising and sponsorship 15,987 40,200 12,499 62,671 21,462 49,372 68,686 133.505 Inu>me Irom charltable acti¥5Ues Unrestricted funds 2023 Unrestri¢ted funds 2022 Charftsble Income Grants and other income 86,376 148,669 Income from investments Unrestrlcted Unr¢5trlct•d funds funds 2023 2022 Interest receivable 3,380 203 14.
ATRIAL FIBRIUA710N ASSOCIATION NOTES TO THE ANANCIAL STATEMETrifs (CONTINUED) FOR niE YEAR ENDED 31 DECEMBER2023 Expendlture on charltable a¢tlvltles Unre5trlrt?d Unrestrlrted lund$ fund5 2023 2022 Dlred Costs Staff costs Printing, postage and stationery Recharge5 66,003 6,473 117,608 62,507 3.964 103.891 190.084 170,362 Share of sUPPOrt and zovern•n<e costs (see note 71 Support Govern3ncÈ 21.702 3.060 33,868 2,700 214,846 206.930 Analysis by fund Unie5tricted funds 214.846 206,930 Support wsts allo¢ated to actlvltles 2023 2022 FundTaissng ctssts other costs Consultancy costs BookkÈ8ping Bank charges Governance costs 216 1,992 18,000 1,620 234 660 8,596 22,350 1,620 642 2,700 2,7CM) 24,762 36,568 Analysed between: Unrestricted funds 24,762 36,568 15-
ATRIAL FIBRILLATION ASSOCIATION NryfES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 DECEMBER 2023 Net movement In fund5 2023 2022 The net movemerFt in fiknds Is stated after charginBllcreditin81'. Fees payable for the independent examination of the charity's financial statements 2.700 2,700 Truste None of the Trustees lor any person5 connethed with them) received any remuneration or benefit5 from the Charity during the year. Trustees. expense5 Therè we no trustees, expenses paid for the year ended 31 December 2023 nor for the year ended 31 Detember 2022. 10 Employees The average monthly number of employees during the year was- 2023 Number 2022 Number Employment costs 2023 2022 Wages and salaries Social security costs Other pension costs 58,637 6,047 1,319 55,243 5.951 1,313 66.003 62,507 There were no employees whose annual remuneration was more than £60.000. 11 Twtion The charity is exempt from tsxatlon on its activitie5 because all its income Is applied for charitable purposes. 16-
ATRIAL FIBRILLATION ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 DECEM8ER 2023 12 Tanglble flmed a55et5 mpultrs Cost At I january 2023 579 At 310ecember 2023 579 Depwiation and Impalrment At l January 2023 579 At 31 December 2023 579 Carying amount 13 Debtors 2023 2022 Amounts falling due within one year: Other debtor5 Prepayments and acciued intome 116,769 365 139,744 338 117,134 140,082 14 Credltors: amounts falllng due wlthln one year 2023 2022 Trade creditors Other creditvrs Accruals and deferred income 3,911 124,707 3,110 98,414 7,070 131,728 105,484 Ret1ment benefit Schemes 2023 2022 Defined contrlbutlon $dMe$ Charge to profit or loss in respect of defined contribution schemes 1.319 1.313 The Charity operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the Charity in an independently èdministered fund. 17-
ATRIAL FIBRILLATION ASSOCIATION NOTES TO THE FINANCIAL STATEMENTS ICONTINUEDI FOR THE YEAR ENDED 31 DECEMBER2023 16 Unrestricted funds The unrestricted fLtnds of the charity comprise the unexpended balances of donations and grants which are not subject to specifii conditions by donors and grantors as to how they may be used. At l January 2023 Incomlng resource5 Re50uTce5 expended At31 DÈcember 2023 General funds 432,622 158,442 1214,$461 376,218 Previous year: At l January 2022 Incomlng resour¢es Resources expended At31 December 202Z General funds 357,175 282,377 1206,9301 432.622 17 Related party transactlons There were no disc105able relatèd party transactions durin8 the year12022- none). 18 Tr4nsattlons wlth connected tharlties During the year, the charity was recharged E,4800 12022.. £4.9111 by Arrhythmta Alliance IAAI. charity number 1107496 for repaying sérvlces and £65,419 12022.. £49,958) for salary costs dviing the year. RÈpaying of service5 was apportioned from AA fr)r £83,3761£148,6691. At the year end there was a balance due from this charity of £107,24812022.. £90,852). During the year, the charity w35 recharged £25,97012022-. £26,6721 by Syncope Trust and Reflex Anoxic Seizures. charity number 1084898 for salary costs incltrred on its behalf. At the year end there was a balance due to thi5 charity of £121,75812022'. £95,9681. 18-