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2021-05-31-accounts

Charity registration number: 1132824

The Community Heartbeat Trust

Annual Report and Financial Statements

for the Year Ended 31 May 2021

The Community Heartbeat Trust

Contents

Reference and Administrative Details 1
Trustees' Report 2 to 5
Statement of Trustees' Responsibilities 6
Independent Examiner's Report 7
Statement of Financial Activities 8
Balance Sheet 9
Cash Flow Statement 10
Notes to the Financial Statements 11 to 18

The Community Heartbeat Trust

Reference and Administrative Details

Trustees R. Schofield, Acting Chair M. N. Fagan G. Whitehead D. Arnold B. N. Mercer J. Smith (appointed 4 June 2020) R. Simpson (appointed 30 July 2021) Principal Office Clovelly Burton End Haverhill CB9 9AD Charity Registration Number 1132824 Bankers Barclays plc Oakham Branch Leicestershire LE87 2BB Independent examiner Robert Whowell & Partners Chartered Accountants and Registered Auditors Westwood House 78 Loughborough Road Quorn Loughborough Leicestershire LE12 8DX

Page 1

The Community Heartbeat Trust

Trustees' Report

The trustees present the annual report together with the financial statements of the charity for the year ended 31 May 2021.

Objectives and activities

Objects and aims

To relieve sickness, in particular but not exclusively, by:

a) the provision of automated external defibrillators (AED) (predominantly public access defibrillators); b) the provision of AED Community Public Access Defibrillation (CPAD) service in local communities; c) support for the establishment of community responder schemes (or similar schemes offering similar services) in local communities.

To advance education and the training of the public in aspects of 'first person on scene', 'emergency first aid', 'basic life support', 'advanced life support' and similar medical programmes.

Public benefit

In shaping the objectives for the period and planning its activities, the trustees have considered the public benefit by ensuring its activities are accessible to all eligible users.

The trustees confirm that they have complied with the requirements of section 4 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.

Achievements and performance

We have now completed twelve full years supporting community defibrillation and the Charity continues developing, although this year has seen considerable challenges not faced before. We are pleased to say we came through these challenges, although the CV-19 crises continues into FY2021/22 with no end in sight. We have established the Charity as a major force in the provision of life saving defibrillators into primarily rural communities, undertaken with governance, resilience and sustainability as our cornerstones, as well as establishing ourselves as partners to the ambulance services in the UK. We are probably the main and leading community defibrillator organisation in the UK currently. We work with other charities and similar organisations to affect a common approach to community defibrillation, that meets all the various liability issues. We have also been invited to partake in several central government projects, including a defibrillator strategy for Wales, and input into other surveys.

Whilst we have occasionally helped overseas organisations such as the Greek Red Cross, we have continued to donate defibrillators to many places in the UK, including charities for the homeless in Leicester, Coventry, London, Exeter and to the other needy causes in the UK. Also to continue to support churches, schools and also major religious institutions. As part of our 10th anniversary programme, we donated defibrillators to all the UK Ronald McDonald houses where parents live whilst children are being treated for serious health conditions, although since many have been closed or used for essential workers during the Covid pandemic. We have also funded CFR groups and continued support for medical research with Warwick Medical School.

Page 2

The Community Heartbeat Trust

Trustees' Report

Our WebNos Governance system has been upgraded and extended and is now offered free as a charitable service to any site with a defibrillator. This is the only nationwide defibrillator Governance system, and represents a national database of defibrillator placements. In 2018 we also made this available through the National Defibrillator Database (www.nddb.uk) allowing members of the public to see locations of defibrillators and their operational status. Some confusion exists in the public by the launch of a similar but very different system by ambulance services jointly with a large heart charity, and we are trying to work with the owners of this system to see if a joint approach can be presented. Through the use of WebNos we have addressed:

None of the above is possible through any other competitive system, making the services offered by CHT, and through WebNos, unique in the UK.

During the past year we extended our projects to over 7,000 defibrillator sites, and continued some significant projects through the agreement we have with British Telecom to convert former telephone kiosks into village medical centres. This has been extended with a partnership agreement with the British Coatings Federation to renovate telephone kiosks. Much of this has resulted in high visibility TV and press coverage. Significant numbers of members of the public have now been trained in defibrillator use and in CPR, this is now exceeding 250,000 people. These are face:face sessions not on-line. The project with the RFU developed during the year with further placements via the Richmond Heavies rugby charity; with Rotary to be their preferred supplier for defibrillator projects; with the Masonic movement, and also with the Club Cricket Charity. This latter project has been extended to all clubs durng 2021, and has resulted in saved lives. We also commenced the ‘Streetside’ project to place 500 sites into kiosks in city centres, funded by advertising, of which 90 were placed in this financial year, in Cardiff, Birmingham, Glasgow, Edinburgh, London and Nottingham.

The Charity mainly generates its operating income from donations and gift aid.

In 2014 we established a commercial subsidiary company to handle the increasing amounts of commercial requests being asked of the charity, which fall outside of the Objects, and also address VAT issues. This is run as a not-for-profit company and any surpluses are gift aided to the Charity. This resulted in significant financial contribution to the Charity in 2021 and also allowed us to donate defibrillators to worthy causes. The largest shareholder in this subsidiary is the Trust. In 2019 the Trust and company financial years were aligned, and all policies brought into line to cover both organisations.

Financial review

The pandemic has taken its toll with an overall lower number of community projects, increased workloads and more competition. This has not let us stop supporting communities but it does mean that our surplus has been significantly downgraded, even a small loss this year, which may continue into the next financial year. We are well aware of this and are managing appropriately, and also seeking additional fund raising to address during the next financial year. It also means our ability to add to our reserves has been diminished this financial year.

Page 3

The Community Heartbeat Trust

Trustees' Report

Policy on reserves

All revenues will be used for the purpose of fulfilling the Objectives of the Charity, once reasonable expenses have been reimbursed. Any surplus at the end of the year will be used to fulfil the Objects of the charity as the trustees see fit. The charity Trustees have complied with their duty to have due regard for public benefit in exercising their powers or duties. This year we have donated CPAD schemes to several communities, and again have a programme of community training and information services, and have extended free access to the WebNos Governance system to ambulance service sponsored projects. In 2018 we also extended the Charitable benefit with a free post-rescue counselling service to communities, the only one of its type in the UK, and this continues into 2021/2022. We continue to use part of any surpluses for donation of defibrillators to needy causes, such as homeless centres. A number of defibrillator donations were made during the year, including the Ronald McDonald homes, and Kirriemuir Connections.

Plans for future periods

Aims and key objectives for future periods

In the forthcoming year, we hope to increase the number of sites delivered and also to work with the ambulance services to develop new ways of encouraging defibrillator expansion into the community. We will continue to develop and negotiate discounted equipment supply and seek new ways to educate the members of the public in Basic Life Support (BLS). We will continue to campaign for recognition of the importance of defibrillators in the community and will continue to lobby government to be proactive in the support of both community defibrillation and also BLS in communities and, in particular, addressing Governance. We will actively campaign for the restoration of the ILCOR defibrillator signage in the UK and believe the proposed alternative signage being used by other organisations will cause issues and confusion now, and in the future. The Charity is also actively looking at the new guidance on Catastrophic bleeding to see if it can help in any way, through provision of bleed kits or through education, or both.

The charity may seek to take on full time salaried management team members in 2021 and will seek additional independent funding to achieve this. However we will initiate a full governance review in FY2022 to ensure that we are fully compliant with new legislation and guidelines relating to charities.

Going concern

In March 2020 the Coronavirus pandemic took hold. This has had a major impact on the Charity income with many projects being delayed, and income severely reduced. From March to May 2020 monthly income dropped some 95%, and steps were taken to reduce costs, and to effect other policies to manage the Charity. In FY 2020/21 we finished the year in a healthy position despite Coronavirus. Cash flow is being managed as appropriate, but this has allowed the Charity to review policies and processes, upgrade its product offering and look for new avenues to provide services. It is also clear that other charities are facing difficulties as no support has been forthcoming from central government, and discussions continue with other charities for co-operation and possible close ties, including the American Heart Association.

Structure, governance and management

Nature of governing document

The charity is governed through a Trust Deed, supported by a policy handbook, and run by a board of trustees. This will be reviewed and updated as required.

Recruitment and appointment of trustees

Trustees come from all walks of life and are recruited and appointed from within the community; new trustees are sourced from those who have had prior involvement with the charity, and share our values and aims.

Page 4

The Community Heartbeat Trust

Trustees' Report

Arrangements for setting key management personnel remuneration

The trustees currently take no salary and waive rights to be employed, being all volunteers offering their time for free, but are reimbursed any reasonable expenses on submission of expenses and receive consultancy payments where commercially relevant to do so.

The annual report was approved by the trustees of the charity on 26 January 2022 and signed on its behalf by:

......................................... R. Schofield Trustee

Page 5

The Community Heartbeat Trust

Statement of Trustees' Responsibilities

The trustees are responsible for preparing the trustees' report and the financial statements in accordance with the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice) and applicable law and regulations.

The law applicable to charities 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 charity and of the incoming resources and application of resources of the charity for that period. In preparing these financial statements, the trustees are required to:

The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011, the applicable Charities (Accounts and Reports) Regulations, and the provisions of the constitution. The trustees are also responsible for safeguarding the assets of the charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Approved by the trustees of the charity on 26 January 2022 and signed on its behalf by:

......................................... R. Schofield Trustee

Page 6

The Community Heartbeat Trust

Independent Examiner's Report to the trustees of The Community Heartbeat Trust

I report to the charity trustees on my examination of the accounts of the charity for the period ended 31 May 2021 which are set out on pages 8 to 18.

Respective responsibilities of trustees and examiner

As the trustees of The Community Heartbeat Trust you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 (‘the Act’).

I report in respect of my examination of the The Community Heartbeat Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable directions given by the Charity Commission under section 145(5)(b) of the Act.

Independent examiner’s statement

Since The Community Heartbeat Trust's gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of Institute of Chartered Accountants in England and Wales, which is one of the listed bodies.

I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect:

  1. accounting records were not kept in respect of The Community Heartbeat Trust as required by section 130 of the Act; or

  2. the accounts do not accord with those records; or

  3. the accounts do not comply with the accounting requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a ‘true and fair view' which is not a matter considered as part of an independent examination.

I have no concerns and have come 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 accounts to be reached.

...................................... I. C. F. S. Agar FCA Robert Whowell & Partners Chartered Accountants and Registered Auditors Institute of Chartered Accountants in England and Wales

Westwood House 78 Loughborough Road Quorn Loughborough Leicestershire LE12 8DX

26 January 2022

Page 7

The Community Heartbeat Trust

Statement of Financial Activities for the Year Ended 31 May 2021

Note
Income and Endowments from:
Charitable activities
2
Expenditure on:
Raising funds
3
Charitable activities
4
Other expenditure
5
Total expenditure
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
15
Note
Income and Endowments from:
Charitable activities
2
Expenditure on:
Raising funds
3
Charitable activities
4
Other expenditure
5
Total expenditure
Net movement in funds
Reconciliation of funds
Total funds brought forward
Total funds carried forward
15		 Unrestricted
£
569,793
(2,676)
(577,242)
(21,486)
(601,404)
(31,611)
104,704
73,093
Unrestricted
£
654,341
(6,044)
(610,543)
(28,069)
(644,656)
9,685
95,019
104,704		 Restricted
£
100,000
-
(78,318)
-
(78,318)
21,682
54,849
76,531
Restricted
£
100,000
-
(92,903)
-
(92,903)
7,097
47,752
54,849		 Total
2021
£
669,793
(2,676)
(655,560)
(21,486)
(679,722)
(9,929)
159,553
149,624
Total
2020
£
754,341
(6,044)
(703,446)
(28,069)
(737,559)
16,782
142,771
159,553

All of the charity's activities derive from continuing operations during the above two periods.

The notes on pages 11 to 18 form an integral part of these financial statements. Page 8

The Community Heartbeat Trust

(Registration number: 1132824) Balance Sheet as at 31 May 2021

Note
Fixed assets
Intangible assets
9
Tangible assets
10
Investments
11
Current assets
Debtors
12
Cash at bank and in hand
13
Creditors: Amounts falling due within one year
14
Net current assets
Net assets
Funds of the charity:
Restricted
Unrestricted income funds
Unrestricted
Total funds
15		 2021
£
16,650
29,958
6,000
52,608
316,804
41,488
358,292
(261,276)
97,016
149,624
76,531
73,093
149,624		 2020
£
18,500
34,491
6,000
58,991
335,747
-
335,747
(235,185)
100,562
159,553
54,849
104,704
159,553

The financial statements on pages 8 to 18 were approved by the trustees, and authorised for issue on 26 January 2022 and signed on their behalf by:

......................................... R. Schofield Trustee

The notes on pages 11 to 18 form an integral part of these financial statements. Page 9

The Community Heartbeat Trust

Cash Flow Statement for the Year Ended 31 May 2021

Note
Cash flows from operating activities
Net cash (expenditure)/income
Adjustments to cash flows from non-cash items
Depreciation
10
Amortisation
9
Working capital adjustments
Decrease/(increase) in debtors
12
Increase in creditors
14
Net cash flows from operating activities
Cash flows from investing activities
Purchase of intangible fixed assets
9
Purchase of tangible fixed assets
10
Purchase of investments
11
Net cash flows from investing activities
Net increase/(decrease) in cash and cash equivalents
Cash and cash equivalents at 1 June 2020
Cash and cash equivalents at 31 May 2021
13		 2021
£
(9,929)
534,042
1,850
525,963
18,943
45,656
590,562
-
(529,509)
-
(529,509)
61,053
(19,565)
41,488		 2020
£
16,782
551,311
-
568,093
(172,753)
30,551
425,891
(18,500)
(546,778)
(2,000)
(567,278)
(141,387)
121,822
(19,565)

All of the cash flows are derived from continuing operations during the above two periods.

The notes on pages 11 to 18 form an integral part of these financial statements. Page 10

The Community Heartbeat Trust

Notes to the Financial Statements for the Year Ended 31 May 2021

1 Accounting policies

Statement of compliance

The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Charities Act 2011.

Basis of preparation

The Community Heartbeat Trust meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy notes.

The presentation currency is pound sterling.

Going concern

The trustees consider that there are no material uncertainties about the charity's ability to continue as a going concern.

Judgements

The trustees consider that donated income for defibrillators should be recognised in full at the point of receipt.

The trustees consider that defibrillator costs should be recognised as a fixed asset in full at the point of procurement.

Income and endowments

All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy.

Donated services and facilities are included at the value to the charity where this can be quantified. The value of services provided by volunteers has not been included.

Expenditure

All expenditure is recognised once there is a legal or constructive obligation to that expenditure, it is probable that settlement is required and the amount can be measured reliably. All costs are allocated to the applicable expenditure heading that aggregate similar costs to that category. Where costs cannot be directly attributed to particular headings they have been allocated on a basis consistent with the use of resources.

Raising funds

These are costs incurred in attracting voluntary income, the management of investments and those incurred in trading activities that raise funds.

Charitable activities

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Page 11

The Community Heartbeat Trust

Notes to the Financial Statements for the Year Ended 31 May 2021

Taxation

The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable 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 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

Goodwill

Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible fixed assets so as to write off the cost, less any estimated residual value, over their expected useful economic life as follows:

Asset class Amortisation method and rate Goodwill 10% straight line

Depreciation and amortisation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class Depreciation method and rate
Managed solutions equipment 100% straight line
Training equipment 10% straight line
Office building 10% straight line

Fixed asset investments

Fixed asset investments are included at the lower of cost and market value at the balance sheet date.

Trade debtors

Debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of debts is established when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the debtors.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Page 12

The Community Heartbeat Trust

Notes to the Financial Statements for the Year Ended 31 May 2021

Trade creditors

Creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the trust does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Fund structure

Unrestricted income funds are general funds that are available for use at the trustees' discretion in the furtherance of the objectives of the charity.

Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.

2 Income from charitable activities

Managed solutions Unrestricted
General
£
569,793		 Restricted
£
100,000		 2021
£
669,793		 2020
£
754,341

a) Costs of generating donations and legacies

Marketing and publicity
4
Expenditure on charitable activities
Unrestricted
General
£
Managed solutions
577,242		 Unrestricted
General
£
2,676
Restricted
£
78,318		 2021
£
2,676
2021
£
655,560		 2020
£
6,044
2020
£
703,446

Page 13

The Community Heartbeat Trust

Notes to the Financial Statements for the Year Ended 31 May 2021

5 Other expenditure

Other resources expended (note 6) Unrestricted
General
£
21,486		 2021
£
21,486		 2020
£
28,069

6 Net incoming/outgoing resources

Net outgoing resources for the year include:

Accountancy
Insurance
Travel
Depreciation and amortisation
Communications and IT
Office
Protective clothing
Legal and professional
Donations		 Year ended
2021
£
5,235
4,708
144
6,383
4,390
400
191
35
-		 Year ended
2020
£
4,245
4,248
-
4,533
5,081
430
1,736
4,451
3,345

7 Trustees remuneration and expenses

No trustees, nor any persons connected with them, have received any remuneration from the charity during the year.

No trustees have received any reimbursed expenses from the charity during the year.

8 Taxation

The charity is a registered charity and is therefore exempt from taxation.

Page 14

The Community Heartbeat Trust

Notes to the Financial Statements for the Year Ended 31 May 2021

9 Intangible fixed assets

Cost
At 1 June 2020
At 31 May 2021
Amortisation
Charge for the year
At 31 May 2021
Net book value
At 31 May 2021
At 31 May 2020
10 Tangible fixed assets
Cost
At 1 June 2020
Additions
At 31 May 2021
Depreciation
At 1 June 2020
Charge for the year
At 31 May 2021
Net book value
At 31 May 2021
At 31 May 2020		 Managed
solutions
equipment
£
4,230,069
529,509
4,759,578
4,230,069
529,509
4,759,578
-
-		 Training
equipment
£
27,555
-
27,555
5,510
2,755
8,265
19,290
22,045		 Goodwill
£
18,500
18,500
1,850
1,850
16,650
18,500
Office building
£
17,780
-
17,780
5,334
1,778
7,112
10,668
12,446		 Total
£
18,500
18,500
1,850
1,850
16,650
18,500
Total
£
4,275,404
529,509
4,804,913
4,240,913
534,042
4,774,955
29,958
34,491

Page 15

The Community Heartbeat Trust

Notes to the Financial Statements for the Year Ended 31 May 2021

11 Fixed asset investments

Shares in group undertakings and participating interests 2021
£
6,000		 2020
£
6,000

Details of undertakings

Details of the investments in which the charity holds 20% or more of the nominal value of any class of share capital are as follows:

Proportion of voting
Country of rights and shares
Undertaking incorporation Holding held Principal activity
Subsidiary
The Community Placement of
Heartbeat Trust England and Wales Ordinary 50% community
(Solutions) Ltd defibrillators

The profit for the financial period of The Community Heartbeat Trust (Solutions) Ltd was £25,755 (2020 - £(16,662)) and the aggregate amount of capital and reserves at the end of the period was £40,665 (2020 - £14,910).

12 Debtors

Debtors
Due from related party
Accrued income		 2021
£
94,356
80,784
141,664
316,804		 2020
£
101,679
16,955
217,113
335,747

13 Cash and cash equivalents

13 Cash and cash equivalents
Cash at bank
Bank overdrafts
Cash and cash equivalents in statement of cash flows		 2021
£
41,488
-
41,488		 2020
£
-
(19,565)
(19,565)

Page 16

The Community Heartbeat Trust

Notes to the Financial Statements for the Year Ended 31 May 2021

14 Creditors: amounts falling due within one year

Bank overdrafts
Creditors
Accruals
15 Funds
Unrestricted funds
General
Restricted funds
Total funds
Unrestricted funds
General
Restricted funds
Total funds		 Balance at 1
June 2020
£
104,704
54,849
159,553
Balance at 1
June 2019
£
95,019
47,752
142,771		 Incoming
resources
£
569,793
100,000
669,793
Incoming
resources
£
654,341
100,000
754,341		 2021
£
-
256,476
4,800
261,276
Resources
expended
£
(601,404)
(78,318)
(679,722)
Resources
expended
£
(644,656)
(92,903)
(737,559)		 2020
£
19,565
210,820
4,800
235,185
Balance at 31
May 2021
£
73,093
76,531
149,624
Balance at 31
May 2020
£
104,704
54,849
159,553

The specific purposes for which the restricted funds are to be applied are as follows:

The Club Cricket Charity Defib Fund - to supply portable units to cricket clubs throughout the country.

Page 17

The Community Heartbeat Trust

Notes to the Financial Statements for the Year Ended 31 May 2021

16 Analysis of net assets between funds

Intangible fixed assets
Tangible fixed assets
Fixed asset investments
Current assets
Current liabilities
Total net assets
Intangible fixed assets
Tangible fixed assets
Fixed asset investments
Current assets
Current liabilities
Total net assets		 Unrestricted
funds
General
£
16,650
29,958
6,000
256,761
(236,276)
73,093
Unrestricted
funds
General
£
18,500
34,491
6,000
280,898
(235,185)
104,704		 Restricted
funds
£
-
-
-
76,531
-
76,531
Restricted
funds
£
-
-
-
54,849
-
54,849		 Total funds
2021
£
16,650
29,958
6,000
333,292
(236,276)
149,624
Total funds
2020
£
18,500
34,491
6,000
335,747
(235,185)
159,553

17 Related party transactions

During the year the charity made the following related party transactions:

The Community Heartbeat Trust (Solutions) Ltd

(The charity is a 50% shareholder)

During the period the charity purchased goods and services in the sum of £176,397 and received donations in the sum of £49,582 from The Community Heartbeat Trust (Solutions) Ltd. At the balance sheet date the amount due from The Community Heartbeat Trust (Solutions) Ltd was £55,784 (2020 - £16,955).

Page 18