CHARITY REGISTRATION NUMBER: 1130194 Healing Little Hearts Unaudited Financial Statements 31 March 2025 VER AMfA IATE LLP Versant Associates LLP Independent Examiner The Old Mill. 9 Soar Lane Leicester LE3 5DE
Healing Little Hearts Financial Ststements Year ended 31 March 2025 Page Truslees, annual report Independent examiner's report to the trustees Stalemenl of financial activities Slalemenl of financial posttion Notes to the financial statements
Healing Little Hearts Trustees. Annual Report Year ended 31 March 2025 The trustees present their retK)rt and the unaudited financial statetnents of the charity for the year ended 31 March 20?5. Referenee and administrative detai]s Registered charit) name Healing Little Hearts Charity registration number 1130194 Principal otTiee 21 Chestnut Drive Sireiion Hall Oadby Leicesier LE? 4QX The trustee5 Dr S Nichani Dr R Dhannapuneni Ms L Mistry Dr S Jivanji Mr A Pcar5e Mr Raj Dasani Independent examiner Mark Illinosworth FCA BA The Old Mill. 9 Soar tane Leicesrer LE3 5DE Structure) goTrernance and management The Trust was created on 2 June 2[x by a Trust Deed. The charitable status of the Trust was confirmed by the registration of the Trust with the Charity Commission on 17 June 2(XYJ. The day-ro-day running of ihe Chariiy for the year ended 31 March 2025 was carried oui by the Founder Dr Sdnjiv Nichdtil ITi Pdrtllcpihip and consultsiion wilh the HLH Trust% (abo¢) and Sccretary. The Trustees have reviewed the major risks. and sysiems and procedures have been esiablished to manage those risks. The Tru5teC5 confirm that thc charily has COTnplicd with prevailing laws and regulation5.
Healing Little Hearts Trustees. Annual Report (conlinued) Year ended 31 March 2025 Objectives and activities The objective of the chariry is 10 promoie the physical health of babies and children born with congenital heart dige&se ihr()ughout the PLKTrre8( pan% of the w(Trrld thr()ugh the pr()vi%i(Trn% of hearl procedure8, Surgery. aftercare. financial assisiance, praciical and iraining of Staff in the country concerned. The chariiy'q aim i.q 10 addresq the gm.%s inequaliry of heth care in the ]K)orer parts of the world wilh particular regard to babies and children with congeniia] heart disorders. In addition a chapter of Healing Little Hearts called Healing Little Children now perfonns voluntary surgery on children with General Surgical conditions .This initiative is currently focused in Nigeria. Since 2009 when ihe charily ideniified the si(ynifi¢ani he3]ih issue in respeci of CHD, significani progress has bccn made in extendirlg the Tnedicdl [ch to Bangladcsh. CaTncroon, Indiil Kenya. Latvld, Malay%ia, Mauritiu%, Nigeria, Pakisthn, Palesiine, Jor(lan, Romanii Ni¢3ragu& Taniania, Nepal, Bolivia, Zambia, Angola, Fiji, Momcco and Liby&. LA)ng-term objeciives are= * To raise awareness of the disparities in healthcare with respect to treatment of CHD in ihe developing world. * To send teams of health¢are professionals to the developing world io provide free heart inierveniion procedures and qurgery for Children. * To promote the physical wellbeing of children with CHD and to provide them with the best possible chance of survival. * To provide teaChg and menloTing b.nks fron] the UniveL%ity Hospitals L£icester NHS Trust, together with othci UK institutions, partiCiP*lting hospitals around the p(x)rer parts of the 'Orld IT) order ihat expcrli5e can b¢ dcvclupcd Ic)Ldlly to itnprov¢ ih¢ir m¢diLal and nut%ing c&pabiliti¢% in diagno%in¥ and tr¢dting thc%¢ compl¥x conditions to bcnctit a gicatcr llUTnbcr of sick childrcn. * To facilitate the provision of units with ability io treai CHD An Asi& Africa and beyond. This would involve working in partnership with committed hospithls 10 help a1 emtM)wer them in seiiing up centres with Ihe ability ro treat CHD over a period of 3 to 5 years. * To collaborntc with othcr NGOS who sharc our vision rcgarding Ihc trcatmcnt of childrcn with CHD. Since the first camp in 2009 at Holy Family Hospital in Mumbai. Iheie has been a continued growth in the number of Healing Litile Hearts camps and prwedures underthken. with an increasing number of underprivileged children benefitting from Ihe free health care provided by the charily. The main aciiN'ities were undertaken 10 further the chariiy s purwses for public benefii and the Trustees have regard to Charity Cominission guidance concerning public benefii.
Healing Little Hearts Trustees. Annual Report (conlinued) Year ended 31 March 2025 Achievements and performance The year ended I 1st March 2025 wa5 successful in ternis of fundraising and has provided a platforni for the charity to increase its prcscncc in countrics whcie nccd is greatest and to continuc to raise public awareness both in this country and abroad. li is considered vitally imwjrtanl thai the work and success achieved so far are not held back when con.sidering ihe future. Conoenital Heart Dise&se ICHD) is siill one of the world's mo%1 common birth defectq affeciinTr l in 100 children. Throughoui ihe developing world. I million children are Ixbrn with CHD each )iear and ihe higher birth rates in the poorest countries mean thai a disproportionaie number of children is in the pooresi parts of the world where faciliiies and personnel to treai CHD in rhese children are virnlally non*xistent. To compound this proble the greatest problem facing children born with CHD is thai 80% to 90% of them are born to thc poorcst familics. furthcrmorc. Ihc hugc incquality in hcalth catr provision for childrcn with CHD 15 demonstrated by the fact that 90% of the facilitics and personncl who can treat CHD effectively live in the dcvclopcd world. This nxans that thcrc arc hundrcds of thousands of childrcn born cach ycar with CHD io thc poorest families with no ability to treai ihem. Many of these children languish with conditions, dying prematur¢ly whilst thcir faTnilics arc helplessly unable obtain anivor oigani5e the urgenily needed life-5dving treatmcnL% n¢¢d¢d for thcm. This huge inequaliiy in public health is reinforced by the siaiisiic thai 80% of Children CHD are born wilh 5 common defecis can be ireaied definiiively by a simple heart operation. For example. in India approximaiely 78,(K)O children in India die from CHD each year. many lii'ino in remoie rural areas without access to medical and diagnosiiL expeni8e is seriously limiied and many of them are untreaied and fail io .%urviipe. The majoriry of children wilh CHD are referred laie 10 specialisi centres and frequenilj, their families are unable to afford the interventions that may be required. We believe that in tbese days of cotnparatively inexpensive travel aDd the use of technology, a strong alld concerted effort must be made lo address with global health problem. The Tru.grees Consider that achievements throughoui the year have coniinued io net the objectives of ihe charity. The Trustees are discussing. following the fund-raisino success of this financial year, to invest in fi]rther training of overseas stf and in encouragino centres of excellence in countries where Ihere are staff prepared to take on Ihe Healing Little Hearts manrle and progress lis work. In spire of Ihe devastaiing effecr of the global pandemic, children will continue to be with CHD and will coniinue io need our help and assistance. HLH activity between 114124 and 3 IL1125 foT 0rationS and missions is as follows= April 24 - Managua, Nicaragua- 9 April 24 - Vijaya,ada, India- 13 April 24 - Port Louhs. Mauriiius - 24 May 94 - Luanda, Anoola- 14 May 24 - Nairobi. Kenya - 30 May 94- Abuja, Nigeria- I I May 24 - Nairobi. Kenya - 7 May 24-Fiji- 19. June 94 - Kota Bharu, Malaysia- 10 June 14 - Bangalore, India- 46 June 24 - Luanda. Angola - 8 July 24 - Windhoek. Namibia- 9 August 24 - Visakhapatnain. India- 7 Sept ?4 - Bucharest. Romania- 5
Healing Little Hearts Trustees. Annual Report (conlinued) Year ended 31 March 2025 Sept ?4 - Banoalore. India - 16 Sept 24 - Leon. Nicar&gua- 12 Sept ?4 - Nigeria (HLC) - 161 Sept 24 - Hyderabad, India - 18 Oct 24 - Manipur, India- 5 Oct 24- Zambia- 10 Oct 24- Banoalore, India- 27 Oct 24- Vi5akhapatnam. India - 10 Nov 24 - Fiji - 22 operations. Nov 24 - Buchare.st. Romania- 5 Nuv 24 - Naiiobi, Kcnya - 28 Dcc 24 - Bangalorc. India - 20 tkc 24 - Manipur, India - 5 tkc 24 - Vijayawddd, Indid - 18 Jan 25 - Bangalore, India- 25 Feb 25 - Windhoek, Namibia- 9 Feb 25 Faisalabad, Pakistan - 9 Feh 25 - Manipur. India - I I 25 - Ludnda, Angola - 10 Mar 2.5 - Bu¢hare.st, Romania - 2 Mar 25 - Bangalore, India- 10 Total 645 operations and 35 camps This brings thc total nuMr of mission5 to 3113125 251 and total numbcr of cardiac opcrations to 3.366 Finaneial review The level of income for the year has been sufFicieni to enable the Trusi to suppon the expenditure lo satisfy an appropriate level of charitable objectives. The remaining unrestricted funds available to the Trust are sufficient io perniit li 10 continue in operation, ai curreni levels of income and expendiiure, for Ihe foreseeable future. All funds held are unrestricted. Income has decre&scd thi% Ye from £31M.705 10 £220.070 due to dccrc&sc in donations. Net income afier expenditure has decreased from £55.89110 £10.646. Total unrestricted funds held by the chariry have increased from £765.667 to £776.313. Plans for future periods The charity continues to operate within the (ern of its Tn]si Deed. To extend the reach of HLH to other low income countries aDd colltinue capacity building. To continue wilh collaboraiions with Mukal Madhav Foundaiion who supports our camps in India by organising the teams, internal flights io our partner h05Pitals and m.ith Spem Qua Fili UK based Nigerian Foundation that coordindtes HLH camps L() National Hospithl Abuja Nigetia.
Healing Little Hearts Trustees. Annual Report (conlinued) Year ended 31 March 2025 The trustees, annual report was approved on 9 January ?026 and sioJed on behalf of the board of trustees by.. Dr S Nichani Trusree
Healing Little Hearts Independent Examiner's Report lo the Trustees of Healing Little Hearts Year ended 31 March 2025 I report to the trustees on tny examination of the financial statements of Healing Little Hearts { the charity,) for rhe year ended 31 March 2025. Responsibilities and basi5 of report As the trusiees of the chariry you are reswbnsible for Ihe preparation of the financial statements in accordance WAth ihe requirements of the Charities Aci 2011 ('the Aci.). as amended by the Charities Aci 2022. I report in respect of my examination of the charity's financial statements carried out under section 145 of the 201 l Act and in carrying out my examination I have followed all the applicable Directions given by the Charity ComtThission under section 14i(5){b) of the Act. Independent examiner's statement I have completed my examination. I confirn) thai no material matters have come to my attention in connection with the examination giving cause io believe thai in any ma(eriai respect: accounting records were not kepl in respect of the charity as required by section 130 of the Act- or the financial siaremenis do noi accord with those records- or the financial statements do noi comply wilh Ihe applicable requirements concerning Ihe fonn and conieni of accounis sei oui in the Chariiies {Accounis and Repons) Reoulations 2008 other than any requiremeni thai Ihe accounis give a 'rrne and fair. iew which is noi a Inaiter considered as pan of an independent examination. I have no concerns and have come acwss no oihet Tnairs in conneciion with the examinaiion io which attrniion should be draw in this report in order to enable a proper under5taDding of the accoullts to be reached. lark Illingsworth FCA BA Independeni Exaiiiiner The Old Mill, 9 Soar Lane t£icester LE3 5DE
Healing Little Hearts Statement ot Financial Aclivities Year ended 31 March 2025 2025 Resrrlcied funds Tot9] funds 2024 Unrestricied funds Total funds Nole Income and endoTrwments Donarions and Icgacies Investtnent income I.058 29.41? 190,658 29,412 277,220 27,485 Total income 220.070 220,070 304.705 Expenditure Expenditure on charitable activities Total expenditure 209.424 209,424 248,814 209.4?4 209,424 248,814 Net income and net movement in funds 10.646 10,646 55,891 Reconciliation of funds Total tunds brouohi forward 713.051 52.616 765,667 7(F),776 Total funds carried fonvard 723.697 52.616 776J13 765.667 The SVdiemen¢ of financial aciivities includes all gains and losses recognised in the year. All income dnd cxpendilure dcrivc froTll continuing activitie5. The notes on pages 9 to 13 fomi part of these financial statements.
Healing Little Hearts Slatemenl of Financial Position 31 March 2025 2025 2024 Nole Current assets Debtors InN'estments Cash ai bank and in hand 12 13 740,45) 43,173 734,077 62,123 791264 802,973 Creditors: amounts failing due one year Net current a&5ets 14 14951 37,-306 776J13 765,667 Total &ssets le&5 current liabilitie5 776J13 765,667 Net ats 776J13 765,667 Funds of the charity Reqtricted fund Unresiricied funds 51616 723,697 52.616 713,051 Total charity funds 15 776J13 765,667 Thcsc financial statcmcnts wcrc approvcd by thc board of trustCC5 and authoriscd for issuc on 9 January 2026, and are signed on behalf of the board by.. Dr S Nichani Trustec The notes on pages 9 to 13 fomi part of these financial statements.
Healing Little Hearts Notes to the Financial Slatements Year ended 31 March 2025 General infornmtion Thc charity is a public bcncfit cntity and a trgistcrcd charity in England and Walcs and is unincorporatcd. The address of the principal office is HLH House. 21 Chestnut Drive, Stretton Hall. Oadby. Leicester, LE2 4QX. Statement of compliance The financial 8iaiements have been prepared in ¢ompliance with FRS 102,The Financial Reporting Standard applicable in Ihe UK and ihe Republic of Ireland.. the Smen1 of Recommended Pracii¢e appliLable to charities preparing iheir accounL% in accordance with the Financial Reporting Siandard applicable in the UK and Republic of Ireland (FRS 10?) (Chariiies SORP (FRS 102)) and the Charities Act 2011, &8 amended by the Chariiies Aci 2022. The charity constitutes a public benefit entity as defined by FRS 102. Accounting policies Basis of preparntion The financial statements have been prepared on the hisiorical cosi basis. as modified by the revaluation of certain financial assets and liabilities measured ai fair value through income or expenditure. Thc financial statcmcnts arc prcparcd in 5tcrling. which 15 thc functional CCcY of thc cntity. Thc financial statcmcnts have been prepared on thc historical c05t basis. as niodified by thc rcvaluation of certain financial assets and liabililie5 measured ai fair value through income or expenditure. Th¢ financial %tdtemenL4 prepared in %ierling, which i.% Ihe funciional Cur[Y of ihe entity. Going concern Thcrc arc no T[terial unccrtaintiC5 about thc charity's ability to continuc. Judgements and ke) sources of estimation uncertsinty Thc prcparation of thc financial stalcmcnt5 rcquircs managcmcnt to makc judgcmcnts. cstimatcs and assumptions that affect the amounis reported. These estimaies and judgements are continually reviewed and are based on experience and oiher factors. including expeciaiions of future events thai are believed to be reasonable under the cIrcuntances. Fund aceounting Unrestricied funds are available for use ai the discretion of the trusiees io further any of the charity's purposes. Incoming re50urce5 Donations are included in Ihe .%iaiemeni of financial aciivities when received. Charities tax recoverable included in the Slate[ of fancial activiiies when received. Fundraising incotne is included in the slatejnent of fjnancial activities at the date of the fundraising event.
Healing Little Hearts Notes to the Financial Slalemenls (¢onlinued) Year ended 31 March 2025 Aceounting policies (coniinmed) Re50urce5 expended Expendiiurc 15 included in the 5tstcrncnl of fancial actiVItiC5 when illcutTCd. Donations and legacies Unrestricied Funds Restricied Totsl Funds Funds 2025 Donations Donations 184.870 184070 Other donations and legaeies Chan"tie5 tax recoverable 5.788 5,788 190.658 190,658 Unrestricied Funds Restricted Total Funds Funds 2024 Donations Donations 197.682 69.202 266.884 Other donations and legacies Chaiitie5 tax recoverable 208.018 69.202 277,220 Investment income Unre5trictcd Total Fund5 Funds 2025 Unrc4lricted Total Fund% Funds 2024 Bank interest receivable 29.412 29,412 27,485 27,485 10-
Healing Little Hearts Notes to the Financial Slalemenls (¢onlinued) Year ended 31 March 2025 Expenditure on eharitable aetiiities by fund type Unrcstrictcd Funds Rcstrictcd Totsl Funds Funds 2025 Direct charitsblc activilics Support costs 206.414 3.010 206,414 3,010 209,4?4 209,424 Unrestricted Funds Restricted Total Funds Funds 2024 Direct chariiable actiyiiies Support costs 2?6,IM)5 6,2?3 16,586 242.591 6.223 232.228 16.586 248,814 Expenditure on ¢hari¢able actitieS by aetivily tvpe A¢tivilies undenaken ditcctly Support cost5 Total funds 2025 Tovdl fund 2024 Direct charitsble activilie Governance costs 206.414 1.637 1.373 208,051 lJ73 209,424 247.442 1,372 206.414 3.010 948,814 Analysi5 of 5UPPOrt costs Analysis of support cosis aciiviry Totsl 2025 Total 2024 General office Governance costs 1,637 1,373 1,637 1,373 4.850 .371 3.010 3,010 6.221 Independent eramination fees 2025 2024 Fees payable (o the independeni examiner for.. Independent examinaiion of the financial .4tatemeni% ,254 10. Staff costs The Charity inLUtred no staff costs during the ye41 01 ptcccedillg year. 11
Healing Little Hearts Notes to the Financial Slalemenls (¢onlinued) Year ended 31 March 2025 11. Trnstee remuneration and expenses No tru5tccs rcccivcd rcmuncration from thc charity during thc ycar (2022 £nill. During the )'edr IraTrel general ex5¢5 were tn¢t by the ChtY on behalf of two of the trnstec5 carrying out chariiable aitivities aTnouniing 10 £27,055 (2024..£20,903). 12. Debtor5 2025 2024 Trade debtors Other debiors 490 6.283 7,636 7,636 6.773 13. Investments 2025 2024 HSBC investments Hampshire invesimen( Cambridge & Couniies Investment Uniied Trusi 586,402 79,053 557,032 76.225 100,820 75,(KlO 740,45) 734,077 14. Creditors: amounts falling due wiihin one year 2025 2024 Tradc crcditois AccrualN dnd d¢fcrrcd Inco Oiher creditors 923 1,795 12,233 8,980 19,453 14,951 37,306 15. Analysi5 of charitable funds Unrestricted funds At 31 March 202 Ai l AprAi 2024 Income Expendin]re General funds 713.051 220.070 (209,424) 723,697 Ai Expendiiure 31 March 2024 l April 2023 Income General funds 709.776 235.503 (232,2281 713,051 12-
Healing Little Hearts Notes to the Financial Slalemenls (¢onlinued) Year ended 31 March 2025 15. Anal)'sis of tharitable funds (Con1Med) Restricted funds At 31 March 202 At l April 2024 Incon Expenditure Restricted Fund 52.616 52,616 At l April 20?3 At Expenditure 31 March 20?4 Income Restricted Fund 69.202 (16.586} 52.616 16. Analysi5 of net assets between funds Unreqtricied Total Funds 202) Curreni asseis Creditors less than l year Net ets 791.264 (14.951) 791,264 (14,951) 776.313 776J13 Unrcstrictcd Total Funds Funds 2024 Curreni asseis Creditors less than l year Net a&5ets 802.973 (37.306) 802,973 {37,306) 765.667 765.667 13-