|||Page|
|---|---|---|
|Report ofthe Trustees||1 to 4|
|Independent
Examiner's|Report||
|Statement ofFinancial Activities|||
|Balance Sheet|||
|Cash Flow Statement|||
|Notes tothe Cash Flow|Statement||
|Notes tothe Financial Statements||10 to 15|
|Detailed Statement ofFinancial Activities||16|
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
##
|||for t|he year e|nded 31May|2023|||
|---|---|---|---|---|---|---|---|
|||||||2023|2022|
|||||Unrestiicted|Restricted|Total|Total|
|||||fund|fund|funds|funds|
||||Notes||E|E|E|
|INCOME AND ENDOWMENTS||FROM||||||
|Charitable activities||||||||
|Managed
solutions||||78,842|765,675|844,517|953,165|
|EXPENDITURE ON||||||||
|Raising funds|||3|1,340||1,340|1,663|
|Charitable
activities|||4|||||
|Managed
solutions||||575,966|219,249|795,215|832,348|
|Other||||31,352||31,352|21,340|
|Total||||608,658|219,249|827,907|855,351|
|NET INCOME/(EXPENDITURE)||||(529,816)|546,426|16,610|97,814|
|Transfers between|funds||12|524,314|(524,314)|||
|Net movement
in|funds|||(5,502)|22,112|16,610|97,814|
|RECONCILIATION|OF FUNDS|||||||
|Total funds brought|forward|||131,711|115,726|247,437|149,623|
|TOTAL FUNDS CARRIED FORWARD||||126,209|137,838|264,047|247,437|
##
##
|||||2023|2022|
|---|---|---|---|---|---|
|||Unrestricted|Restricted|Tota I|Total|
|||fund|fund|funds|funds|
||Notes|E||E|E|
|FIXEDASSETS||||||
|Intangible
assets|7|12,950||12,950|14,800|
|Tangible assets|8|20,891||20,891|25,425|
|Investments|9|6,000||6,000|6,000|
|||39,841||39,841|46,225|
|CURRENT ASSETS||||||
|Debtors|10|344,463||344,463|356,365|
|Cash at bank||59,073|137,838|196,911|170,789|
|||403,536|137,838|541,374|527,154|
|CREDITORS||||||
|Amounts
falling due within one year|11|(317,168)||(317,168)|(325,942)|
|NET CURRENT ASSETS||86I368|137,838|224I206|201,212|
|TOTAL ASSETS LESSCURRENT||||||
|LIABILITIES||126,209|137,838|264,047|247,437|
|NET ASSETS/(LIABILITIES)||126,209|137,838|264,047|247,437|
|FUNDS|12|||||
|Unrestricted
funds||||126,209|131,711|
|Restricted
funds||||137,838|115,726|
|TOTAL FUNDS||||264,047|247,437|
##
##
||||The|Community
Heartbeat|Trust||
|---|---|---|---|---|---|---|
|||||Cash Flow Statement|||
||||for|the year ended 31May|2023||
||||||2023|2022|
|||||Notes|6|f.|
|Cash flows|from operating||activities||||
|Cash generated
from operations||||1|652,548|800,797|
|Net cash provided
by operating|||activities||652,548|800,797|
|Cash flows|from investing|activities|||||
|Purchase of|tangible
fixed assets||||(626,426)|(671,496)|
|Net cash used
in investing
activities|||||(626,426)|(671,496)|
|Change
in|cash and cash||||||
|equivalents|in the reporting||period||26,122|129,301|
|Cash and cash equivalents|||at the||||
|beginning|ofthe reporting||period||170,789|41,488|
|Cash and cash equivalents|||at the||||
|end ofthe|reporting
period||||196,911|170,789|
##
##
##
|||The Community
Heartbeat Trust
Notes to the Cash Flow Statement
for the year ended 31May 2023|The Community
Heartbeat Trust
Notes to the Cash Flow Statement
for the year ended 31May 2023|The Community
Heartbeat Trust
Notes to the Cash Flow Statement
for the year ended 31May 2023|||
|---|---|---|---|---|---|---|
|RECONCILIATION||OF NET INCOME TO NET CASH FLOW FROM|||OPERATING ACTIVITIES||
||||||2023|2022|
||||||6||
|Net income
ofFinancial|for the reporting
Activities)||period (as per|the Statement|16,610|97,814|
|Adjustments|for:||||||
|Depreciation|charges||||632,810|677,879|
|Decrease/(increase)||in debtors|||11,902|(39,561)|
|(Decrease)/increase||in creditors|||(8,774)|64,665|
|Net cash provided||by operations|||652,548|800,797|
|ANALYSIS OF CHANGES IN NET FUNDS|||||||
|||||At 1.6.22
6|Cash flow
I|At 31.5.23
I|
|Net cash|||||||
|Cash at bank||||170,789|26,122|196,911|
|||||170,789|26,122|196,911|
|Total||||170,789|26,122|196,911|
##
##
##
##
##
##
||
for the year ended 31May 2|
for the year ended 31May 2|
for the year ended 31May 2|
for the year ended 31May 2|
023||
|---|---|---|---|---|---|---|
|INCOME|FROM CHARITABLE ACTIVITIES||||||
||||Activity||2023
6|2022
I|
|Managed|solutions||Managed|solutions|844,517|953,165|
|RAISING FUNDS|||||||
|Raising donations||and|legacies||||
||||||2023
I|2022
8|
|Promotion|costs||||1,340|1,663|
|CHARITABLE ACTIVITIES COSTS|||||||
|||||||Direct|
|||||||Costs|
|Managed|solutions|||||795,215|
##
##
|There were
no
tr
31 May 2022.|ustees'
expenses
paid for the year ended 31 May 202|ustees'
expenses
paid for the year ended 31 May 202|ustees'
expenses
paid for the year ended 31 May 202|3 nor for the|year
ende|
|---|---|---|---|---|---|
|COMPARATIVES|FOR THE STATEMENT OF FINANCIAL ACTIVITIES|||||
||||Unrestricted|Restdcted|Total|
||||fund
6|fundI|funds
6|
|INCOME AND ENDOWMENTS||FROM||||
|Charitable
activities||||||
|Managed
solutions|||677,940|275,225|953,165|
|EXPENDITURE ON||||||
|Raising funds|||1,663||1,663|
|Charitable
activities||||||
|Managed
solutions|||596,318|236,030|832,348|
|Other|||21,340||21,340|
|Total|||619,321|236,030|855,351|
|NET INCOME|||58,619|39,195|97,814|
|RECONCILIATION|OF FUNDS|||||
|Total funds brought|forward||73,092|76,531|149,623|
|TOTAL FUNDS CARRIED FORWARD|||131,711|115,726|247,437|
##
##
##
|INTANGIBLE FIXEDASSETS|||||
|---|---|---|---|---|
|||||Goodwill|
|||||f|
|COST|||||
|At 13une 2022 and 31May 2023||||18,500|
|AMORTISATION|||||
|At 1)une 2022||||3,700|
|Charge for year||||1,850|
|At 31May 2023||||5,550|
|NET BOOK VALUE|||||
|At 31 May 2023||||12,950|
|At 31 May 2022||||14,800|
|TANGIBLE FIXEDASSETS|||||
|||Managed|||
||Office|solutions|Training||
||building|equipment|equipment
E|Totals
f|
|COST|||||
|At 1 )une 2022|17,780|5,431,074|27,555|5,476,409|
|Additions||626,426||626,426|
|At 31 May 2023|17,780|6,057,500|27,555|6,102,835|
|DEPRECIATION|||||
|At 1)une 2022|8,890|5,431,074|11,020|5,450,984|
|Charge for year|1,778|626,426|2,756|630,960|
|At 31 May 2023|10,668|6,057,500|13,776|6,081,944|
|NET BOOK VALUE|||||
|At 31May 2023|7,112||13,779|20,891|
|At 31May 2022|8,890||16,535|25,425|
|FIXEDASSETINVESTMENTS|||||
|||||Unlisted|
|||||investments|
|MARKET VALUE|||||
|At 1)une 2022 and 31May 2023||||6,000|
|NET BOOK VALUE|||||
|At 31May 2023||||6,000|
|At 31May 2022||||6,000|
##
##
##
|DEBTORS:A|MOUNTS
F|ALLING DUE WITHIN ONE Y|EAR||||
|---|---|---|---|---|---|---|
||||||2023|2022|
||||||E|E|
|Trade debtors|||||85,256|125,484|
|Related
party|||||145,486|117,160|
|Prepayments
and accrued||income|||113,721|113,721|
||||||344,463|356,365|
|CREDITORS:|AMOUNTS|FALLING DUE WITHIN ONE|YEAR||||
||||||2023|2022|
||||||E|E|
|Deposits held|||||229,307|281,516|
|Trade creditors|||||83,661|39,626|
|Other creditors|||||4,200|4,800|
||||||317,168|325,942|
|MOVEMENT IN FUNDS|||||||
|||||Net|Transfers||
||||movement||between|At'|
|||At 1.6.22|in|funds|funds|31.5.23|
|||E||E|E|E|
|Unrestricted|funds||||||
|Unrestricted
fund||131,711|(529,816)||524,314|126,209|
|Restricted funds|||||||
|Restricted
fund||115,726|546,426||(524,314)|137,838|
|TOTAL FUNDS||247,437|16,610|||264,047|
##
##
##
|Net movement
in funds,
included
in the|above are as follows:|||
|---|---|---|---|
||Incoming|Resources|Movement|
||resources|expended|in funds|
||E|E|E|
|Unrestricted
funds||||
|Unrestricted
fund|78,842|(608,658)|(529,816)|
|Restricted funds||||
|Restricted
fund|765,675|(219,249)|546,426|
|TOTAL FUNDS|844,517|(827,907)|16,610|
##
##
##
##
|Comparati|ve|s
for movement
in funds||||
|---|---|---|---|---|---|
|||||Net||
|||||movement|At|
||||At 1.6.21|in funds|31.5.22|
|||||E|E|
|Unrestricted||funds||||
|Unrestricted||fund|73,092|58,619|131,711|
|Restricted|funds|||||
|Restricted|fund||76,531|39,195|115,726|
|TOTAL FUNDS|||149,623|97,814|247,437|
##
|Comparativ||e
n|et movemen|t
in fund|s,
included
in th|e abov|e are as follo|ws:||
|---|---|---|---|---|---|---|---|---|---|
||||||||Incoming|Resources|Movement|
||||||||resources|expended|in funds|
||||||||E|E|E|
|Unrestricted|||funds|||||||
|Unrestricted||fund|||||677~940|(619~321)|58,619|
|Restricted||funds||||||||
|Restricted||fund|||||275,225|(236,030)|39,195|
|TOTAL FUNDS|||||||953,165|(855,351)|97,814|
|A current year|||12 months|and prior|year 12months|combined
position||is as follows:||
||||||||Net|Transfers||
||||||||movement|between|At|
||||||At 1.6.21||in funds|funds|31.5.23|
||||||E||E|E|E|
|Unrestricted|||funds|||||||
|Unrestricted||fund|||73,092||(471,197)|524,314|126,209|
|Restricted||funds||||||||
|Restricted|fund||||76,531||585,621|(524,314)|137,838|
|TOTAL FUNDS|||||149,623||114,424||264,047|
##
|A current
year 12 months
and prior ye
the above are as follows:|ar 12 months
combined
net m|ovement
in fund|s,
included|
|---|---|---|---|
||Incoming|Resources|Movement|
||resources|expended|in funds|
||E|E|E|
|Unrestricted
funds||||
|Unrestricted
fund|756,782|(1,227,979)|(471,197)|
|Restricted funds||||
|Restricted
fund|1,040,900|(455,279)|585,621|
|TOTAL FUNDS|1,797,682|(1,683,258)|114,424|
##
##
##
##
##
||The Community
Heartbeat
Trust|||
|---|---|---|---|
||Detailed Statement of Financial Activities|||
||for the year ended 31May 2023|||
|||2023|2022|
|||6|6|
|INCOME AND ENDOWMENTS||||
|Charitable
activities||||
|Managed
solutions||844,517|953,165|
|Total incoming
resources||844,517|953,165|
|EXPENDITURE||||
|Raising donations|and legacies|||
|Promotion
costs||1,340|1,663|
|Charitable
activities||||
|Managed
solutions||795,215|832,348|
|Other||||
|Accountancy||5,658|2,939|
|Insurance||12,100|5,330|
|Depreciation
and amortisation||6,384|6,383|
|Communications
snd|IT|6,210|5,055|
|Office||699|471|
|Protective
clothing|||662|
|Legal and professional||301|500|
|||31,352|21,340|
|Total resources expended||827,907|855,351|
|Net income||16,610|97,814|